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2   PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen               Tata Kelola Perusahaan                Laporan Keberlanjutan              Laporan Keuangan
       Management Discussion and Analysis              Good Corporate Governance             Sustainability Report              Audited Finance Report




Sanggahan dan Batasan Tanggung Jawab
Disclaimer and Limitation of Liability

Laporan Tahunan dan Laporan Berkelanjutan PT Bank Raya Indonesia Tbk          The Annual Report and Sustainability Report of PT Bank Raya Indonesia
(yang selanjutnya disebut Bank Raya atau Bank) tahun buku 2025 ini            Tbk (hereinafter referred to as Bank Raya or the Bank) for the 2025 fiscal
disusun dalam rangka memenuhi ketentuan pelaporan hasil kinerja Bank          year is prepared to fulfill the requirement to report Bank Raya’s performance
Raya pada periode 1 Januari 2025 sampai dengan 31 Desember 2025               results to the regulator for the period from January 1, 2025, to December
kepada regulator.                                                             31, 2025.

Laporan Tahunan ini memuat pernyataan kondisi keuangan, hasil operasi,        This Annual Report contains statements on the Bank’s financial condition,
proyeksi, rencana, strategi, kebijakan, serta tujuan Bank, yang digolongkan   operating results, projections, plans, strategies, policies, and objectives,
sebagai pernyataan ke depan dalam pelaksanaan perundang-undangan              which are classified as forward-looking statements under the applicable
yang berlaku, kecuali hal-hal yang bersifat historis. Pernyataan-pernyataan   laws and regulations, except for historical matters. Such statements involve
tersebut memiliki prospek risiko, ketidakpastian, serta dapat mengakibatkan   prospective risks and uncertainties and may cause actual developments
perkembangan aktual secara material berbeda dari yang dilaporkan.             to differ materially from those reported. Meanwhile, the forward-looking
Sedangkan, pernyataan-pernyataan prospektif dalam Laporan Tahunan             statements in this Annual Report are based on various assumptions about
ini dibuat berdasarkan berbagai asumsi mengenai kondisi terkini dan           current and future conditions and the relevant business environment. They
kondisi mendatang, serta lingkungan bisnis yang terkait, sehingga dapat       may result in actual developments that differ materially from those reported.
mengakibatkan perkembangan aktual secara material berbeda dari yang           Accordingly, Bank Raya does not guarantee that such forward-looking
dilaporkan. Oleh karena itu, Bank Raya tidak menjamin bahwa pernyataan        statements or information will serve as a primary basis for decision-making
atau informasi prospektif tersebut menjadi dasar utama dalam pengambilan      or lead to the outcomes expected. Actual future results may differ due to
keputusan ataupun akan membawa hasil tertentu sesuai harapan, hasil           factors beyond the Bank’s control.
sebenarnya di masa depan dapat berbeda karena dapat dipengaruhi
oleh beberapa faktor di luar kendali Bank.
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        Ikhtisar Kinerja                         Laporan Manajemen                    Profil Perusahaan                   Tinjauan Pendukung Bisnis
        Performance Highlights                   Management Report                    Company Profile                     Overview of Business Support Units




Tentang Laporan Tahunan dan Laporan Berkelanjutan
About the Annual Report and Sustainability Report

Laporan Tahunan dan Laporan Berkelanjutan PT Bank Raya Indonesia Tbk            The 2025 Annual Report and Sustainability Report of PT Bank Raya Indonesia
tahun buku 2025 mengangkat tema "Komitmen Bisnis Berkelanjutan                  Tbk adopts the theme "Sustainable Business Commitment Towards
Menuju Pertumbuhan Akseleratif, Melalui Inovasi Produk Digital dan              Accelerated Growth, Through Digital Product Innovation and Ecosystem
Katalisator Ekosistem yang Memperkuat Akses Keuangan Inklusif". Tema            Catalysts that Strengthen Inclusive Financial Access". The theme is selected
tersebut dipilih berdasarkan analisis dan kajian yang mendalam berdasarkan      based on a thorough analysis and in-depth assessment of facts and
fakta dan perkembangan lingkungan ekonomi dan bisnis di sepanjang               developments in the economic and business environment throughout 2025,
tahun 2025 serta mempertimbangkan keberlanjutan usaha PT Bank Raya              while also considering the business sustainability of PT Bank Raya Indonesia
Indonesia Tbk.                                                                  Tbk.

Laporan Tahunan dan Laporan Berkelanjutan Bank Raya disusun dengan              The Annual Report and Sustainability Report of Bank Raya has been
berpedoman pada Peraturan Otoritas Jasa Keuangan (OJK) Nomor 29/                prepared by referring to the Financial Services Authority (OJK) Regulation
POJK.04/2016 tentang Laporan Tahunan Emiten atau Perusahaan Publik              Number 29/POJK.04/2016 on Annual Reports of Issuers or Public Companies
dan Surat Edaran OJK Nomor 16/SEOJK.04/2021 Tentang Bentuk dan Isi              and OJK Circular Number 16/SEOJK.04/2021 on the Form and Content of
Laporan Tahunan Emiten atau Perusahaan Publik. Dalam rangka menjalankan         Annual Reports of Issuers or Public Companies. To implement best practices
praktik terbaik terhadap pelaksanaan prinsip-prinsip Tata Kelola Perusahaan     in applying Good Corporate Governance (GCG) principles, the preparation
yang Baik atau Good Corporate Governance (GCG), penyampaian laporan             and submission of this report also follow the Guidelines on Corporate
ini juga mengacu pada Pedoman Tata Kelola Perusahaan Terbuka.                   Governance for Public Companies.

Selain itu, Laporan Tahunan dan Laporan Berkelanjutan ini juga disusun dengan   Furthermore, this Annual Report and Sustainability Report has been prepared
memperhatikan aspek best practice sebagaimana yang ditetapkan dalam             in accordance with best practices as stipulated in the Indonesian General
Pedoman Umum Governansi Korporat Indonesia (PUGKI) dan ASEAN Corporate          Guidelines for Corporate Governance (PUGKI), the ASEAN Corporate
Governance Scorecards (ACGS) serta the Global Reporting Initiative (GRI).       Governance Scorecard (ACGS), and the Global Reporting Initiative (GRI).
Dengan demikian, Bank Raya mengharapkan Laporan Tahunan dan Laporan             Thus, Bank Raya expects that this Annual Report and Sustainability Report
Berkelanjutan ini mampu mendorong peningkatan keterbukaan informasi             will encourage enhanced information disclosure and transparency in line
dan transparansi yang sejalan dengan prinsip-prinsip GCG.                       with the principles of GCG.

Dalam laporan ini, penyebutan satuan mata uang dinyatakan dalam                 In this report, references to currency units expressed as “Rupiah”, “Rp”, or
“Rupiah”, “Rp” atau IDR merujuk pada mata uang resmi Republik Indonesia.        IDR refer to the official currency of the Republic of Indonesia. All financial
Semua informasi keuangan disajikan dalam mata uang Rupiah sesuai                information is presented in Rupiah, in accordance with the reporting
dengan pelaporan yang disajikan dalam Laporan Keuangan Auditan yang             presented in the Audited Financial Statements prepared based on Indonesian
disusun berdasarkan Standar Akuntasi Keuangan Indonesia.                        Financial Accounting Standards.

Laporan Tahunan PT Bank Raya Indonesia Tbk 2025 disajikan dalam dua             The 2025 Annual Report of PT Bank Raya Indonesia Tbk is presented in
bahasa secara terpisah, yaitu Bahasa Indonesia dan Bahasa Inggris dengan        two languages, Bahasa Indonesia and English, with easy-to-read fonts
menggunakan jenis dan ukuran huruf yang mudah dibaca dan dicetak                and sizes, and is printed in high quality. This Annual Report can be viewed
dengan kualitas yang baik. Laporan Tahunan ini dapat dilihat dan diunduh        and downloaded on the official website of PT Bank Raya Indonesia Tbk
di website resmi PT Bank Raya Indonesia Tbk yaitu https://bankraya.co.          at https://bankraya.co.id/corporate/reports.
id/corporate/reports.




4        PT Bank Raya Indonesia Tbk
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        Analisis dan Pembahasan Manajemen                                  Tata Kelola Perusahaan                                      Laporan Keberlanjutan                                Laporan Keuangan Audit
        Management Discussion and Analysis                                 Good Corporate Governance                                   Sustainability Report                                Audited Financial Report




Ringkasan Eksekutif
Executive Summary


     Komitmen Bisnis Berkelanjutan Menuju Pertumbuhan Akseleratif, Melalui Inovasi Produk
         Digital dan Katalisator Ekosistem yang Memperkuat Akses Keuangan Inklusif
    Sustainable Business Commitment Towards Accelerated Growth, Through Digital Product Innovation
                    and Ecosystem Catalysts that Strengthen Inclusive Financial Access

Perkembangan ekonomi Indonesia hingga saat ini tidak bisa dilepaskan                                         The ongoing economic growth in Indonesia is inseparably connected to
dari kontribusi sektor Usaha Mikro Kecil dan Menengah (UMKM) yang                                            the contributions of the Micro, Small, and Medium Enterprises (MSMEs)
memiliki peran penting dan strategis. Hal ini dapat dilihat dari jumlah                                      sector, which fulfills a vital and tactical function. According to the latest
penyerapan tenaga kerja yang mencapai 45,26 juta orang pada tahun                                            data from the Ministry of Cooperatives and SMEs (MenKopUKM), this sector
2024 berdasarkan data terkini dari Kementerian Koperasi dan UKM                                              absorbed 45.26 million workers by 2024. The presence of 30.18 million
(MenKopUKM). Penyerapan jumlah tenaga kerja ini didukung oleh keberadaan                                     MSMEs in 2024 supports this employment absorption. Of these, 99.70%,
unit usaha UMKM sebanyak 30,18 juta pada tahun 2024. Dari jumlah                                             or 30.09 million, are micro-enterprises. These micro-enterprises have
tersebut, 99,70% atau sebanyak 30,09 juta unit usaha merupakan usaha                                         annual sales of up to Rp2 billion.
mikro yang memiliki penjualan tahunan sampai dengan Rp2 miliar.

Sementara itu, usaha kecil dan usaha menengah memiliki porsi minimal                                         Conversely, small and medium-sized enterprises exhibit a negligible
masing-masing sebesar 0,24% dan 0,05%. Jumlah unit usaha kecil sebesar                                       representation, with shares of 0.24% and 0.05%, respectively. There are
73,82 ribu dengan penjualan tahunan lebih dari Rp2 miliar hingga                                             73.82 thousand small businesses, with annual sales exceeding Rp2 billion
Rp15 miliar. Usaha menengah dengan porsi terkecil hanya sebesar 0,05%                                        and Rp15 billion. Medium-sized enterprises (MSMEs) have the smallest
dengan jumlah usaha sebanyak 15,31 ribu unit usaha dengan kepemilikan                                        share at 0.05%, with 15.31 thousand businesses. They have the largest
penjualan tahunan terbesar yakni Rp15 miliar hingga Rp50 miliar. Keseluruhan                                 annual sales, ranging from Rp15 billion to Rp50 billion. These MSMEs are
UMKM tersebut tersebar di seluruh Indonesia dengan porsi terbesar ada di                                     spread across Indonesia. The largest shares are in Java (58.13%) and
Jawa sebesar 58,13% dan di Sumatera sebesar 20,73%. Sementara itu,                                           Sumatra (20.73%). The other four regions contribute a cumulative 21.13%.
keempat daerah lainnya berkontribusi secara kumulatif sebesar 21,13%.

                                           Pulau Kalimantan

                                           1,473,734                                                             Pulau Sulawesi
                                         Mikro      Kecil     Menengah
                                       1,465,761    6,873       1,100
                                       (99.46%)    (0.47%)     (0.07%)                                          2,510,601
                                                                                                              Mikro      Kecil    Menengah
                                                                                                            2,500,985    8,212      1,404
                                                                                                            (99.62%)    (0.33%)    (0.06%)




                                                                                                                                                                                     Pulau Maluku &
                                                                                                                                                                                         Papua

                                                                                                                                                                                       493,914
                                                                                                                                                                                   Mikro      Kecil    Menengah
                                                                                                                                                                                 491,818      1,721       375
                                                                                                                                                                                 (99.58%)    (0.35%)    (0.08%)




            Pulau Sumatra

          6,256,960
        Mikro      Kecil    Menengah
      6,233,049   20,887      3,024
      (99.62%)    (0.33%)    (0.05%)                                                                                                                              Pulau Bali &
                                                                     Pulau Jawa                                                                                  Nusa Tenggara

                                                                17,544,042                                                                                     1,899,366
                                                                Mikro    Kecil    Menengah                                                                   Mikro      Kecil    Menengah
                                                             17,502,516 32,821      8,705                                                                  1,895,359    3,302       705
                                                              (99.76%)  (0.19%)    (0.05%)                                                                 (99.79%)    (0.17%)    (0.04%)




                                                                                                     6,29%



                                                                          20,73%


                                                                                                                                     58,13%

                                                                             8,32%

                                                                             1,64%

                                                                                   4,88%

                                                             Bali & Nusa Tenggara       Jawa   Kalimantan     Maluku & Papua          Sulawesi   Sumatra




                                              Sumber/Source: Kementerian Koperasi dan UKM/Ministry of Cooperatives and SMEs


                                                                                                                           Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                                             Annual Report & Sustainability Report                 2025            5
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        Ikhtisar Kinerja                          Laporan Manajemen                     Profil Perusahaan                    Tinjauan Pendukung Bisnis
        Performance Highlights                    Management Report                     Company Profile                      Overview of Business Support Units




PT Bank Rakyat Indonesia (Persero) Tbk atau BRI, sebagai entitas induk            PT Bank Rakyat Indonesia (Persero) Tbk (BRI), the parent company of
Bank Raya, adalah pilar utama pembiayaan UMKM di Indonesia. Konsistensi           Bank Raya, is a key pillar of micro, small, and medium enterprise (MSME)
BRI dalam melayani dan memberdayakan UMKM dalam memperkuat                        financing in Indonesia. BRI consistently serves and empowers MSMEs to
ekonomi kerakyatan didukung oleh sejumlah entitas usaha di dalam Grup             strengthen the people's economy, a strategy supported by several business
BRI. Dalam hal ini, Bank Raya mendukung strategi BRI Grup dalam                   entities within the BRI Group. Bank Raya is in alignment with the BRI
mengoptimalkan potensi UMKM di Indonesia yang selaras dengan value                Group's strategy of maximizing the potential of MSMEs in Indonesia. This
proposition Bank Raya sebagai digital attacker yang memiliki jaringan             strategy is in line with Bank Raya's value proposition as a digital disruptor.
Online to Offline (O2O) terluas di Indonesia yang layanannya dapat diakses        Bank Raya boasts the most extensive online-to-offline (O2O) network in
melalui 1,9 juta poin akses.                                                      Indonesia, offering services through over 1.9 million access points.

Selain itu, Bank Raya memiliki produk digital yang terdiversifikasi dengan        Bank Raya also offers a diverse digital product portfolio ranging from
baik, mulai dari digital saving melalui aplikasi berbasis digital Aplikasi Raya   digital savings through the Aplikasi Raya to a selection of Saku products
untuk keperluan personal dengan berbagai pilihan produk Saku di samping           for personal purposes in addition to Saku Bisnis for business players and
Saku Bisnis bagi pelaku usaha maupun Saku Bareng bagi komunitas.                  Saku Bareng for community. The Bank's diverse digital lending products
Selain itu, beragam produk digital lending Bank akan menjadi pendorong            will drive business growth while strengthening digital loan distribution
pertumbuhan bisnis Bank sekaligus memperkuat penyaluran kredit digital            through Pinang Dana Talangan to BRILink Agents, Pinang Flexi to payroll-
melalui Pinang Dana Talangan kepada Agen BRILink, Pinang Flexi kepada             based employees, and Pinang Maksima to invoice-based business players.
pekerja berbasis payroll dan Pinang Maksima kepada pelaku usaha dengan            The Company Profile section contains a more comprehensive overview
berdasarkan invoice. Penjelasan lebih lengkap tentang produk dan layanan          of Bank Raya's banking products and services.
perbankan Bank Raya dapat dilihat di Bab Profil Perusahaan.

Sejak diluncurkannya Aplikasi Raya pada 22 Februari 2022, Bank Raya               Since launching the Aplikasi Raya on February 22, 2022, Bank Raya has
senantiasa melakukan inovasi perbankan digital. Untuk tahun 2025, Bank            been a leader in digital banking innovation. In 2025, Bank Raya innovated
Raya telah melakukan inovasi produk perbankan digital yang terdiri dari           several digital banking products, including Pinang Dana Talangan for BRI
Pinang Dana Talangan for BRI Merchant, BRIFINE Investment, cashier access         merchants, BRIFINE investment, cashier access, QRIS acquirers, Raya
& QRIS Acquirer, Raya Points, Zakat and Donation, Raya Story, and Tagih           points, zakat and donation, Raya Story, and Tagih Uang on Saku Bareng.
Uang on Saku Bareng. Bank Raya juga mengembangkan Raya Paylater,                  Bank Raya is also developing Raya PayLater, a digital debit VISA card,
Digital Debit VISA Card, Uang Saku, dan Financial Menu.                           Uang Saku, and a financial menu.

Langkah strategis tersebut merupakan bagian dari strategi perusahaan              These strategic steps are part of Bank Raya's company's strategy to
yang telah ditetapkan oleh Bank Raya untuk mencapai visi Bank sebagai             achieve its vision of becoming a leading digital bank that provides digital
Bank Digital Utama yang Memberikan Solusi Keuangan Digital dengan                 financial solutions with the widest access for the Indonesian people.
Akses Terluas bagi Masyarakat Indonesia. Melalui keempat pilar utama              Through its four main strategic pillars digital productive, digital consumptive,
strategi Bank, yakni digital productive, digital consumptive, funding &           funding and transactions, and value chain business combined with various
transaction, dan value chain business, yang dikombinasikan dengan                 business enablers, Bank Raya is exploiting market potential. The bank is
beragam business enablers yang dimiliki, Bank Raya melakukan eksploitasi          maximizing the market potential of existing products within the BRI Group.
potensi pasar. Bank memaksimalkan potensi pasar dari produk eksisting
di dalam BRI Group.

Bank Raya melakukan sinergi bisnis dengan BRI selaku entitas induk, antara        Business synergies have been established between Bank Raya and its
lain dengan menyediakan pembiayaan agen BRILink melalui Pinang Dana               parent entity, BRI, by providing financing for BRILink agents through Pinang
Talangan. Selain itu, Bank juga menyediakan Pinang Flexi untuk pinjaman           Dana Talangan. Furthermore, Bank Raya provides Pinang Flexi for payroll
dengan payroll di BRI dan menawarkan Pinang Maksima untuk supply                  loans at BRI and Pinang Maksima for supply chain financing for vendors
chain financing vendor dan merchant di ekosistem BRI. Melalui sinergi             and merchants within the BRI ecosystem. Through this synergy, Bank Raya
dengan BRI ini, Bank Raya dapat memanfaatkan layanan tunai melalui                can utilize cash services through more than one million BRILink agents,
lebih dari 1 juta agen BRILink, CRM, ATM, dan cabang BRI di seluruh               customer relationship management (CRM) systems, automated teller
Indonesia, selain memanfaatkan jaringan O2O entitas induk.                        machines (ATMs), and BRI branches throughout Indonesia. The bank can
                                                                                  also leverage the parent entity's online-to-offline (O2O) network.

Bank Raya juga mengembangkan sinergi bisnis dengan beragam entitas                Bank Raya is developing business synergies with various BRI subsidiaries
anak BRI dengan menyediakan pembiayaan berupa Pinang Dana Talangan                by offering financing through the Pinang Dana Talangan program to
kepada agen Pegadaian. Selanjutnya, Bank juga menyalurkan pinjaman                Pegadaian and its agents. Additionally, Bank Raya distributes Pinang
berupa Pinang Flexi kepada entitas bisnis dan mitra BRI Group lainnya.            Flexi loans to other BRI Group business entities and partners. BRILink agents
Produk pembiayaan Pinang Dana Talangan sebagai produk intraday loan               are also provided with the Pinang Dana Talangan financing product as
juga disediakan kepada agen BRILink. Agen BRILink yang berhasil diakuisisi        an intraday loan. By 2025, the number of BRILink agents successfully
mencapai 49 ribu agen dengan pertumbuhan sebesar 28,22% yoy pada                  acquired reached 49 thousand, with a 28.22% yoy growth rate.
tahun 2025.




6        PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                              Tata Kelola Perusahaan                                          Laporan Keberlanjutan                                    Laporan Keuangan Audit
       Management Discussion and Analysis                             Good Corporate Governance                                       Sustainability Report                                    Audited Financial Report




                                                                                                                                   Collaboration with
                                                                                                                                    ether partners
                                                        Exploration
                                                       Other Agents



                                                                                                                                                                                               Exploration
                                                                                                                                                                                          new markets through new
                                                                                                          Exploration
             2025 -
                                                                                                                                                                                               partnerships
                                                                                                    Mass Market Raya Paylater
                                    Exploitation
            onwards            BRI Group ecosystem




                                                                                                                                                               Exploitation
                                                                         Payroll BRI Group & Raya                                                        the existing supply chain
                                                                           (with wider potential)



              2024
                                                                  Exploitation
                                                          BRI Group ecosystem through
                                                           BRI and Bank Raya Payroll
                                                                                                                                                                                                   Exploration community
                                                                                                                                                                                                    through Saku Bareng




                                                                                                                                                                                              Exploration MSME merchants
                                                                                                                                                                                              Saku Bisnis & QRIS Merchant


                                              Payroll BRI & Raya

                                                                                                                                                                            Distribution Access : O2O Channel: >1.9 Million
                                                                                                                                                                           access (~7.5K BRI and Bank Raya outlets, ~20K
                                                                                                                                                                        BRI ATM & CRM, 1.2 Mn Agen BRILink, ~23K Indonesia)




                                                                                                            Exploitation the potential of the BRI Group ecosystem                          203 clusters acquisitions
                                                                                                              through “Saku” and other features in Raya Apps                               across Indonesia (9M25)




Sejalan dengan kenaikan akuisisi agen BRILink tersebut, Bank Raya                                           In line with the increase in BRILink agent acquisitions, Bank Raya saw a
mencatatkan kenaikan signifikan atas jumlah pengguna Aplikasi Raya                                          significant increase in Aplikasi Raya users, growing by 19.8% yoy to reach
sebesar 19,8% yoy menjadi 1,17 juta orang. Selaras dengan kenaikan                                          1.17 million users. Along with this growth, the numbers of digital transactions
tersebut, jumlah transaksi digital melalui aplikasi Raya meningkat menjadi                                  through the Aplikasi Raya rose to 4.77 million transaction in 2025. Outstanding
4,77 juta transaksi pada tahun 2025. Selain itu, outstanding kredit digital                                 digital loan also rose significantly by 33.9% yoy, standing at Rp3.07 trillion.
juga mengalami kenaikan signifikan sebesar 33,9% yoy menjadi Rp3,07                                         Meanwhile, digital savings jumped by 66.7% yoy to reach Rp2.20 trillion
triliun. Di sisi lain, tabungan digital meningkat sebesar 66,7% yoy menjadi                                 in 2025.
Rp2,20 triliun pada tahun 2025.

Peningkatan kinerja operasional Bank Raya tersebut memberikan kontribusi                                    The improvement in Bank Raya's operational performance has contributed
terhadap pencapaian kinerja keuangan. Pertumbuhan kredit yang diberikan                                     positive impact on its financial performance. Loans grew 8.3% year-on-
sebesar 8,3% yoy menjadi Rp7,72 triliun pada tahun 2025. Kenaikan kredit                                    year to Rp7.72 trillion in 2025. This increase in loans was supported by
yang diberikan tersebut ditopang oleh dana pihak ketiga (DPK) yang                                          third-party funds (TPF), which reached Rp9.54 trillion, a 17.4% year-on-year
mencapai Rp9,54 triliun dengan pertumbuhan sebesar 17,4% yoy. Porsi                                         growth. The CASA portion increased to 33.62%, compared to 27.50%
CASA meningkat menjadi 33,62% dibandingkan dengan kontribusi sebesar                                        year-on-year in 2024.
27,50% yoy pada tahun 2024.

Didukung oleh ekspansi kredit yang dilakukan oleh Bank Raya, pendapatan                                     Supported by Bank Raya's credit expansion, interest income increased
bunga mengalami kenaikan sebesar 13,9% yoy menjadi Rp1,19 triliun                                           by 13.9% yoy to Rp1.19 trillion in 2025. Currently, the composition of digital
pada tahun 2025. Saat ini porsi kredit digital telah mencapai 39,8% dari                                    credit has reached 39.8% of total credit, up from 32.1% at the end of 2024.
total kredit meningkat dari 32,1% pada akhir tahun 2024.

Secara rasio, penyaluran kredit Bank Raya didukung oleh struktur permodalan                                 In terms of ratios, Bank Raya's lending is supported by a strong capital
yang kuat sekaligus memberikan ruang untuk ekspansi bisnis di masa                                          structure, which provides room for future business expansion, with a CAR
mendatang dengan rasio KPMM sebesar 40,25% pada tahun 2025. Selain                                          of 40,25% by 2025. Furthermore, the Bank achieved a net interest margin
itu, Bank mampu mencatatkan rasio NIM sebesar 5,08%.                                                        (NIM) ratio of 5,08%,




                                                                                                                         Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                                            Annual Report & Sustainability Report                        2025                 7
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        Ikhtisar Kinerja                         Laporan Manajemen                    Profil Perusahaan                   Tinjauan Pendukung Bisnis
        Performance Highlights                   Management Report                    Company Profile                     Overview of Business Support Units




Capaian kinerja tersebut, selain didukung implementasi strategi bisnis yang     These outcomes stem from the effective implementation of business
efektif, juga diperkuat dengan pengembangan sumber daya manusia                 strategies, along with the development of human resources (HR) and
(SDM) dan teknologi informasi (TI). Pengelolaan SDM Bank Raya telah             information technology (IT). Bank Raya's HR management has evolved
berada pada level maturitas Emerging menuju Developing. Selanjutnya,            from the Emerging maturity stage to the Developing stage. Moreover, the
pengembangan SDM Bank diarahkan menuju level maturitas Progressing,             direction of HR development within the bank is aimed at reaching the
yang ditandai dengan penguatan sistem, proses, dan kapabilitas organisasi       Advancing maturity level, which involves the enhancement of more
yang semakin terintegrasi. Terkait dengan TI, fokus pengembangan                interconnected systems, processes, and organizational strengths. In the
dititikberatkan pada inovasi TI yang berdampak terhadap pertumbuhan             realm of IT, the emphasis is on innovations that drive business growth,
bisnis dan peningkatan daya saing Bank serta mendukung produk dan               improve competitiveness, and support essential banking products and
layanan perbankan yang relevan dengan kebutuhan nasabah. Aspek                  services. Other key areas of focus in IT include systems for fraud prevention,
penting TI lainnya adalah terkait Fraud Prevention System, pengelolaan          management of personal data, and governance related to IT.
data pribadi, dan tata kelola TI.

Aspek penting lainnya adalah terkait dengan penerapan tata kelola               Another important aspect relates to the implementation of good corporate
perusahaan yang baik (GCG) yang melibatkan semua organ Bank Raya                governance (GCG). This involves updating various internal GCG-related
dan pembaruan atas beragam ketentuan internal terkait GCG sekaligus             provisions and responding to regulatory changes and dynamics in the
untuk merespons perubahan regulasi dan dinamika yang terjadi di industri        banking industry, while also engaging all Bank Raya organs. The Bank's
perbankan. Penerapan GCG yang berjalan efektif dapat dilihat dari               ability to maintain its Good Corporate Governance Self-Assessment Risk-
kemampuan Bank untuk mempertahankan peringkat Self-Assessment                   Based Bank Rating amid business expansion through 2025 demonstrates
Good Corporate Governance dan tingkat kesehatan Bank di tengah                  effective GCG implementation.
ekspansi bisnis Bank selama tahun 2025.

Pada tahun mendatang, Bank Raya akan mengoptimalkan peluang bisnis              In the upcoming year, Bank Raya plans to optimize business opportunities
dengan memfokuskan diri pada Exploit New Engine of Growth. Untuk                by focusing on new growth engines. To achieve this, Bank Raya will
mencapai target tersebut, Bank Raya akan mengoptimalkan pengembangan            optimize the development of digital products for the productive sector,
produk digital untuk sektor produktif dengan target utama yaitu segmen          primarily targeting the MSME (digitally productive) segment. The bank
UMKM (digital productive), pengembangan produk digital consumptive              will also develop digital consumptive products, primarily targeting the
dengan target market utama yaitu kelompok masyarakat dengan usia                productive age group with high digital literacy. Additionally, Bank Raya
produktif dan memiliki literasi digital yang baik, pengembangan produk          will develop digital funding products and transaction features within the
digital funding serta fitur-fitur transaksi di dalam aplikasi Raya (Funding &   Aplikasi Raya (Funding & Transaction). Finally, the Bank will optimize the
Transaction), dan optimalisasi potensi Value Chain Business yang bersumber      potential of its Value Chain Business, sourced from both internal and
dari ekosistem bisnis internal maupun eksternal.                                external business ecosystems.




8        PT Bank Raya Indonesia Tbk
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        Analisis dan Pembahasan Manajemen                 Tata Kelola Perusahaan                  Laporan Keberlanjutan                 Laporan Keuangan Audit
        Management Discussion and Analysis                Good Corporate Governance               Sustainability Report                 Audited Financial Report




Penjelasan Tema
Theme Explanation



                                                                        Komitmen Bisnis Berkelanjutan
                                                                        Menuju Pertumbuhan Akseleratif,
                                                                        Melalui Inovasi Produk Digital
                                                                        dan Katalisator Ekosistem yang
                                                                        Memperkuat Akses Keuangan Inklusif
                                                                        Sustainable Business Commitment
                                                                        Towards Accelerated Growth, Through
                                                                        Digital Product Innovation and Ecosystem
                                                                        Catalysts that Strengthen Inclusive
                                                                        Financial Access

                                                                        2025
                                                                        Laporan Tahunan &
                                                                        Laporan Keberlanjutan
                                                                        Annual Report & Sustainability Report


Bank Raya berkomitmen untuk menjaga performa pertumbuhan bisnis yang             Bank Raya remains committed to achieving sustainable business growth
berkelanjutan dan menuju pertumbuhan akseleratif dengan mengoptimalkan           while accelerating expansion through the optimization of synergies within
sinergi di ekosistem BRI Group serta memperkuat fundamental secara jangka        the BRI Group ecosystem and the strengthening of its long-term fundamentals.
panjang. Sinergi yang berkesinambungan ini diperkuat oleh dukungan               This integrated approach is supported by the BRI Group’s extensive online-
jaringan ekosistem terluas Online to Offline (O2O) BRI Group yang terintegrasi   to-offline (O2O) network and advanced digital capabilities, enabling Bank
serta kapabilitas digital yang unggul, sehingga memungkinkan Bank Raya           Raya to broaden its inclusive financial services across diverse customer
memperluas jangkauan layanan keuangan secara inklusif kepada berbagai            segments and business sectors throughout Indonesia.
segmen nasabah dan pelaku usaha di seluruh Indonesia.

Dalam mendukung strategi sebagai digital attacker BRI Group, Bank Raya           In line with its strategy to position itself as a digital leader within the BRI
terus mengembangkan inovasi produk simpanan digital seperti pengembangan         Group, Bank Raya continues to innovate by developing a range of digital
fitur Kartu Digital Debit Visa, Uang Saku, fitur Tagih Uang pada Saku Bareng,    savings products. These include the Visa Digital Debit Card, Uang Saku
serta QRIS Bisnis pada Saku Bisnis. Ragam fitur tersebut semakin melengkapi      (Pocket Money), the Bill Money feature within Saku Bareng, and QRIS
berbagai fitur transaksi di Aplikasi Raya yang membantu kemudahan nasabah        Business in Saku Bisnis. These solutions complement the Raya App’s
dalam bertransaksi dan pengelolaan keuangan yang lebih baik.                     comprehensive transaction features, facilitating seamless financial transactions
                                                                                 and enhancing customers’ ability to manage their finances effectively.

Pada pinjaman digital, Bank Raya mengembangkan Produk Pinang untuk               In the digital lending space, Bank Raya has introduced the Pinang product
menjawab kebutuhan spesifik dalam ekosistem. Produk Pinang Dana                  suite to address specific ecosystem needs. Pinang Dana Talangan is
Talangan difokuskan pada pembiayaan Agen BRILink, Pinang Flexi untuk             designed to support financing for BRILink agents, Pinang Flexi provides
pembiayaan berbasis payroll di BRI, serta Pinang Maksima yang mendukung          payroll-based financing solutions for BRI employees, and Pinang Maksima
pembiayaan rantai pasok bagi vendor dan merchant. Pengembangan                   enables supply chain financing for vendors and merchants. These offerings
produk ini memperkuat peran Bank Raya dalam meningkatkan nilai tambah            reinforce Bank Raya’s role in delivering added value within the broader
di dalam ekosistem BRI Group.                                                    BRI Group ecosystem.

Untuk mendukung percepatan literasi dan inklusi keuangan digital nasional,       To further support the acceleration of national digital financial literacy and
Bank Raya merangkul berbagai komunitas dan melakukan pendampingan                inclusion, Bank Raya actively engages with various communities through
secara reguler melalui ragam program edukasi di sosial media, program            consistent educational initiatives. These efforts are delivered via social media
Cluster Unggulan dan Cluster Komunitas, sehingga perwujudan akses                platforms, as well as programs such as Cluster Unggulan (Cluster Excellence)
keuangan yang inklusif dapat terjadi.                                            and Community Cluster, aimed at expanding inclusive financial access.

Dengan penerapan prinsip kehati-hatian, penguatan tata kelola perusahaan         By upholding prudent banking principles, strengthening good corporate
yang baik, serta fokus pada kebutuhan nasabah, Bank Raya optimistis dapat        governance, and maintaining a strong focus on customer needs, Bank
mempertahankan kinerja yang berkelanjutan sekaligus mempercepat inklusi          Raya remains confident in its ability to sustain strong performance while
keuangan di Indonesia.                                                           advancing financial inclusion across Indonesia.




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                                                                                                      Annual Report & Sustainability Report   2025             9
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     Ikhtisar Kinerja              Laporan Manajemen                   Profil Perusahaan                   Tinjauan Pendukung Bisnis
     Performance Highlights        Management Report                   Company Profile                     Overview of Business Support Units




Kesinambungan Tema
Theme Continuity

                                                       Bank Raya sebagai digital attacker BRI Group memiliki jaringan (Online to Offline)
                                                       atau O2O terluas di Indonesia yang mampu diakses 1 juta poin akses guna
                                                       mendukung strategi BRI Group untuk memaksimalkan potensi UMKM. Keunggulan
                                                       kompetitif ini diperkuat dengan beragam produk perbankan digital yang komprehensif
                                                       melalui aplikasi berbasis digital Aplikasi raya untuk melayani segmen UMKM dengan
                                                       produk dan jasa perbankan digital yang smaller, shorter, faster, dan mudah diakses
                                                       nasabah. Selain itu, fondasi bisnis dan struktur bisnis Bank Raya yang kokoh ditunjukkan
                                                       dengan kemampuannya untuk mengoptimalkan agen-agen yang ada di BRI Group
                                                       dan memperluas agen di luar BRI Group disamping memperkuat teknologi, SDM,
                                                       dan manajemen risiko.

                                                       As the digital attacker of BRI Group, Bank Raya has the widest Online-to-Offline or
                                                       O2O network in Indonesia, accessible through 1 million access points, to support
                                                       BRI Group’s strategy to maximize the potential of micro, small, and medium enterprises
                                                       (MSMEs). This competitive advantage is further strengthened by a wide range of
                                                       comprehensive digital banking products offered through the digital-based Aplikasi
                                                       raya, serving the MSME segment with digital banking products and services that are
                                                       smaller, shorter, faster, and easily accessible to customers. In addition, Bank Raya’s
2024




                                                       solid business foundation and business structure are demonstrated by its ability to
                                                       optimize existing agents within BRI Group and expand its agent network beyond
                                                       BRI Group, while simultaneously strengthening its technology, human resources,
                                                       and risk management capabilities.




MEMPERKUAT STABILITAS BISNIS DIGITAL
DAN PERTUMBUHAN BERKUALITAS MELALUI
OPTIMALISASI EKOSISTEM BRI GROUP
Strengthening Digital Business Stability
and Growth Excellence Through BRI
Group Ecosystem Optimization




                                                       Tahun 2023 merupakan momentum dimana Bank Raya semakin mantap menjadi
                                                       bank digital terbaik dengan mendorong pertumbuhan bisnis digital yang berkualitas.
                                                       Bank Raya juga terus memperluas pasar potensial dengan menjadi partner bertumbuh
                                                       untuk pelaku usaha dan kawan finansial untuk komunitas. Kinerja keuangan
                                                       memperlihatkan perbaikan dari bulan ke bulan, dan perubahan logo baru Bank
                                                       Raya yang memperkuat positioning Bank Raya sebagai bank digital bagian dari
                                                       BRI Group dengan produk digital perbankan yang komprehensif, adalah beberapa
                                                       dari highlight penting yang menandai bahwa Bank Raya berkomitmen untuk dapat
                                                       terus tangguh dan bertumbuh sehat.

                                                       In 2023, Bank Raya became increasingly established as a leading digital bank,
                                                       driving high-quality digital business growth. Bank Raya also continued to expand
                                                       its potential market by positioning itself as a growth partner for business players and
                                                       a financial companion for communities. Financial performance showed month-to-
                                                       month improvement, and the introduction of Bank Raya’s new logo, which strengthened
                                                       its positioning as a digital bank within BRI Group offering comprehensive digital
2023




                                                       banking products, was among the key highlights underscoring Bank Raya’s commitment
                                                       to remaining resilient and achieving healthy growth.




PERKUAT BISNIS DIGITAL BERKUALITAS,
MENUJU PERTUMBUHAN BERKELANJUTAN
Strengthening Digital Business Excellence
Towards Sustainable Growth


10    PT Bank Raya Indonesia Tbk
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         Analisis dan Pembahasan Manajemen    Tata Kelola Perusahaan                  Laporan Keberlanjutan                 Laporan Keuangan Audit
         Management Discussion and Analysis   Good Corporate Governance               Sustainability Report                 Audited Financial Report




                                                    Transformasi Bank Raya berlanjut di tahun 2022. Bank Raya terus memperkuat sumber daya
                                                    dan teknologi agar dapat menjalankan peran sebagai digital attacker BRI Group. Sejalan
                                                    dengan itu, Bank Raya juga melakukan konsolidasi dan kolaborasi serta menyiapkan strategi
                                                    penguatan ekosistem untuk mendorong pertumbuhan gig economy di Indonesia. Tahun
                                                    2022, fokus utama Bank Raya adalah meraih pertumbuhan bisnis yang berkualitas dan
                                                    berkesinambungan. Bank Raya terus menjajaki potensi kerja sama strategis dengan ekosistem
                                                    teknologi finansial (fintech) hingga gig workers serta mengembangkan produk simpanan
                                                    melalui Raya Digital Saving dan produk pinjaman melalui Pinang Flexi, Pinang Performa,
                                                    Pinang Maksima, Pinang Connect dan Pinang Dana Talangan untuk memberikan value
                                                    proposition yang kuat dan menjawab kebutuhan penggunanya. Sejalan dengan itu, Bank
                                                    Raya juga fokus pada perbaikan kualitas aset dan recovery serta menajamkan fokus efisiensi
                                                    dan efektivitas kegiatan operasional serta peningkatan customer experience.

                                                    Bank Raya’s transformation continued in 2022. The Bank continued to strengthen its resources
                                                    and technology in order to carry out its role as the digital attacker of BRI Group. In line with
                                                    this, Bank Raya also undertook consolidation and collaboration initiatives and develope
                                                    strategies to strengthen its ecosystem and drive the growth of the gig economy in Indonesia.
2022




                                                    In 2022, Bank Raya’s primary focus was on achieving high-quality and sustainable business
                                                    growth. Bank Raya continued to explore opportunities for strategic cooperation with financial
                                                    technology (fintech) ecosystems and gig workers, while developing savings products through
                                                    Raya Digital Saving and loan products through Pinang Flexi, Pinang Performa, Pinang
                                                    Maksima, Pinang Connect, and Pinang Dana Talangan to deliver a strong value proposition
                                                    and address user needs. At the same time, Bank Raya also focused on improving asset quality
                                                    and recovery, sharpening operational efficiency and effectiveness, and enhancing the
                                                    overall customer experience.

MENUJU RESILIENSI BANK DIGITAL,
PERKUAT SINERGI EKOSISTEM BRI GROUP
Strengthening Synergies in BRI Group's
Ecosystem with Resilient Digital Banking




                                                    BRI Agro bertransformasi menjadi Bank Raya. Bukan hanya sekedar mengubah nama, Bank
                                                    juga mengubah model bisnis sebagai bank digital yang berperan sebagai digital attacker
                                                    dari BRI Group. Bank Raya berkomitmen untuk meningkatkan infrastruktur digital untuk
                                                    mendukung pemberdayaan dan pertumbuhan gig economy di Indonesia. Bank Raya
                                                    menginisiasi community branch, terutama untuk melayani komunitas ekonomi sektor informal
                                                    (gig economy) dan agen-agen fintech di beberapa area untuk membangun infrastruktur
                                                    digital bagi sektor gig economy dengan melalui customer experience yang koheren.

                                                    BRI Agro transformed into Bank Raya. Beyond merely changing its name, the Bank also
                                                    transformed its business model into a digital bank serving as the digital attacker of BRI Group.
                                                    Bank Raya is committed to enhancing its digital infrastructure to support the empowerment
                                                    and growth of gig economy in Indonesia. Bank Raya launched community branches,
                                                    particularly to serve informal economic communities within the gig economy sector and
                                                    fintech agents in several areas, in order to build digital infrastructure for the gig economy
                                                    through a coherent customer experience.
2021




EMPOWER AND EXPAND GIG ECONOMY
IN INDONESIA



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                Ikhtisar Kinerja                            Laporan Manajemen                            Profil Perusahaan                               Tinjauan Pendukung Bisnis
                Performance Highlights                      Management Report                            Company Profile                                 Overview of Business Support Units




Keunggulan Kompetitif Kami
Our Competitive Advantages

Sebagai bagian dari BRI Group, Bank Raya yang merupakan sebuah bank                               As part of BRI Group, Bank Raya, a digital bank, has competitive advantages
digital memiliki keunggulan kompetitif yang membedakan dirinya                                    that distinguish it from its closest competitors, as follows:
dibandingkan pesaing terdekatnya sebagai berikut:


                         Keunggulan Kompetitif                                                                 Penjelasan
 No
                         Competitive Advantages                                                                Description

 1             Bank Digital dengan Jaringan O2O    •    Per 31 Desember 2025, kepemilikan PT Bank Rakyat Indonesia (Persero) Tbk atau BBRI di Bank Raya mencapai 86,85%. BBRI
               yang Kuat di Seluruh Indonesia           sendiri dimiliki oleh Pemerintah Indonesia melalui PT Danantara Asset Management (Persero) dengan kepemilikan saham
                                                        sebesar 53,19%.
                                                   •    Hal ini berdampak positif terhadap Bank Raya karena memiliki value proposition sebagai digital attacker BRI Group yang
                                                        memiliki jaringan (Online to Offline) atau O2O terluas di Indonesia yang mampu diakses 1,9 juta poin akses guna mendukung
                                                        strategi BRI Group untuk memaksimalkan potensi UMKM.
                                                   •    Bank Raya mengoptimalkan peran sebagai digital attacker dengan melakukan sinergi dengan BRI Group dengan menyediakan
                                                        akses terhadap beragam produk dan jasa perbankan digital yang smaller, shorter, faster dan mudah diakses nasabah BRI
                                                        Group.
                                                   •    Selanjutnya, Bank Raya memaksimalkan produk pinjaman digital yang dikenal dengan Pinang kepada agen BRILink, Pegadaian,
                                                        dan agen Raya. Produk Pinang lainnya juga digunakan dalam lingkup BRI Group yakni Pinang Flexi untuk payroll consumer
                                                        loans serta Pinang Maksima dan Pinang Performa untuk tujuan supply chain financing.

               Digital Bank with Strong O2O        •    As of December 31, 2025, PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) held an 86.85% ownership stake in Bank Raya. BBRI
               Networks across Indonesia                itself is owned by the Government of Indonesia through PT Danantara Asset Management (Persero), with a shareholding of
                                                        53.19%.
                                                   •    This has a positive impact on Bank Raya, as it has a strong value proposition as the digital attacker of BRI Group, supported by
                                                        the widest Online-to-Offline or O2O network in Indonesia, accessible through 1.9 million access points, to support BRI Group’s
                                                        strategy to maximize the potential of micro, small, and medium enterprises (MSMEs).
                                                   •    Bank Raya optimizes its role as a digital attacker by synergizing with BRI Group to provide access to a wide range of digital
                                                        banking products and services that are smaller, shorter, faster, and easily accessible to BRI Group customers.
                                                   •    Furthermore, Bank Raya maximizes its digital loan products, known as Pinang, for BRILink agents, Pegadaian, and Raya agents.
                                                        Other Pinang products are also utilized within BRI Group, including Pinang Flexi for payroll consumer loans, as well as Pinang
                                                        Maksima and Pinang Performa for supply chain financing purposes.




                                   HNW


                                                       BRI Group Portfolio Management
                                    &
                                CORPORATE
                                                                                                                         Micro & Ultra Micro Financing BRI Group
      Digital Attacker          Medium &
         BRI Group              Premium                  Optimizing synergy within the BRI Group
                                                         through collaborations that enhance Bank
                          Small & Middle Class
                                                         Raya’s performance by delivering digital
                                                         products and services tailored for MSMEs,
                                                         while also offering smaller, shorter, faster                            Available to BRILink,
                 Micro & Ultra Micro Mass Market         products and services.                                                  Pegadaian agents,
                                                                                                                                 and BRI Merchants




                                                                                                                             Other Raya’s Synergy within BRI Group

                                                                                                                                Payroll Consumer Loans        Supply Chain Financing




                                                                                                                                                                     >1.9M point of access   to
                                                                                                                                                                     optimize customer needs
                                                                                                                                                                     for easier transactions




12                 PT Bank Raya Indonesia Tbk
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     Analisis dan Pembahasan Manajemen                 Tata Kelola Perusahaan                        Laporan Keberlanjutan                  Laporan Keuangan Audit
     Management Discussion and Analysis                Good Corporate Governance                     Sustainability Report                  Audited Financial Report




         Keunggulan Kompetitif                                                                  Penjelasan
No
         Competitive Advantages                                                                 Description

2    Inovasi terdepan layanan        •    Bank Raya senantiasa melakukan perbaikan secara terus menerus terkait teknologi, talenta, dan manajemen risiko guna
     perbankan digital                    mendukung pertumbuhan bisnis yang solid. Peningkatan kapasitas TI dan cybersecurity antara lain dilakukan terkait Big Data
                                          Technology, Cloud Infrastructure, Personal Data Protection, Cybersecurity, dan peningkatan Tata Kelola IT, Kebijakan Umum
                                          IT, Tim IT yang Agile. Bank Raya juga mengimplementasikan ISO 27001 untuk Information Security Management System (ISMS),
                                          Sapa RAYA, Cloud Contact Center, dan Robotic Processing Automation untuk kelancaran dan operasional digital bank yang
                                          melindungi nasabah.
                                     •    Selain itu, Bank Raya juga menyiapkan talenta TI yang handal melalui beragam pelatihan dan peningkatan skill disamping
                                          perbaikan berkelanjutan atas manajemen risiko.
                                     •    Alhasil, Transformasi digital Bank Raya yang dilakukan sejak tahun 2021 mampu menghasilkan:
                                          a.     Efisiensi Onboarding, proses pembukaan rekening dipercepat secara signifikan sebesar 2x lipat, dari 8 menit 44 detik
                                                 menjadi 4 menit 5 detik.
                                          b.     Pertumbuhan Dana Pihak Ketiga disumbang dari Volume Digital Saving mencapai Rp2 Triliun (tumbuh 1,6x dibandingkan
                                                 tahun 2024) dengan total basis nasabah (CIF) sebesar 1,1 juta.
                                          c.     Loyalitas nasabah dengan segmen “Bestie”, yang memiliki saldo di atas 25 juta rupiah naik sebesar 55%.
                                          d.     Kinerja Pinang Dana Talangan mencatatkan rekor baru dengan Outstanding Balance yang berhasil menembus Rp1,08
                                                 Triliun, tumbuh 52,9% dibandingkan periode yang sama tahun lalu (Rp709,1 M). Pertumbuhan kualitas aset ini didorong
                                                 oleh akselerasi penyaluran pinjaman (disbursement) yang melonjak 43,1% (YoY) mencapai angka Rp24,63 Triliun pada
                                                 tahun 2025.
                                     •    Bank Raya juga melakukan perbaikan manajemen risiko secara berkelanjutan yang diimplementasikan melalui Machine
                                          Learning for Credit Scoring, Fraud Detection System, Limit Monitoring, dan Integrated Risk Management.

                                     •    Bank Raya continuously undertakes ongoing improvements in technology, talent, and risk management to support solid business
     Leading innovation of digital        growth. Enhancements in IT capacity and cybersecurity include the development of Big Data Technology, Cloud Infrastructure,
     banking services                     Personal Data Protection, Cybersecurity, and IT Governance improvement, IT General Policy, Agile IT Team. Bank Raya has
                                          also implemented ISO 27001 for its Information Security Management System (ISMS), as well as Sapa RAYA, a Cloud Contact
                                          Center, and Robotic Process Automation to ensure smooth digital banking operations while protecting customers.
                                     •    In addition, Bank Raya prepares highly capable IT talent through various training programs and skill enhancement initiatives,
                                          alongside continuous improvements in risk management.
                                     •    In addition, Bank Raya prepares highly capable IT talent through various training programs and skill enhancement initiatives,
                                          alongside continuous improvements in risk management.
                                     •    As a result, Bank Raya’s digital transformation, which has been underway since 2021, has delivered the following outcomes:
                                          a.    Onboarding efficiency, significantly accelerating the account opening process by 2x, from 8 minutes 44 seconds to 4
                                                minutes 5 seconds.
                                          b.    Third Party Funds growth, contributed by Digital Savings volume reaching Rp2 trillion (a 1.6x increase compared to 2024)
                                                with a total customer base (CIF) of 1.1 million.
                                          c.    Customer loyalty in the "Bestie" segment, with balances above 25 million rupiah, increased by 55%.
                                          d.    Pinang Dana Talangan’s performance set a new record with an outstanding balance reaching Rp1.08 trillion, a 52.9%
                                                increase compared to the same period last year (Rp709.1 billion). This asset quality growth was driven by accelerated
                                                loan disbursement, which surged 43.1% year-on-year (YoY), reaching Rp24.63 trillion in 2025.
                                     •    Bank Raya has also continuously improved its risk management, implemented through Machine Learning for Credit Scoring, a
                                          Fraud Detection System, Limit Monitoring, and Integrated Risk Management.


          Continous Improvement in Business Enabler
          Continuous improvement in technology, talents, and risk
          management to support the sustainable business growth




                                                                                            Laporan Tahunan & Laporan Keberlanjutan
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        Ikhtisar Kinerja                                  Laporan Manajemen                                    Profil Perusahaan                        Tinjauan Pendukung Bisnis
        Performance Highlights                            Management Report                                    Company Profile                          Overview of Business Support Units




Memanfaatkan Peluang Sinergi Bisnis dalam Ekosistem dan
Kemitraan
Leveraging Business Synergy Opportunities Within the Ecosystem and Partnerships
Perjalanan Bank Raya sebagai Digital Attacker BRI dimulai pada bulan                                  Bank Raya’s journey as the digital attacker of BRI began in November 2021,
November 2021 ketika BRI Agro bertransformasi menjadi Bank Raya. Bank                                 when BRI Agro transformed into Bank Raya. Bank Raya embarked on a
Raya memulai visi baru untuk menjadi digital attacker dari BRI Group serta                            new vision to become the digital attacker of BRI Group, while revamping
melakukan revamp pada existing portofolio dan model bisnis. Pada tahun                                its existing portfolio and business model. In 2022, Bank Raya continued this
2022, Bank Raya melanjutkan proses tranformasi tersebut dengan                                        transformation process by building a solid foundation. In this phase, Bank
membangun fondasi. Dalam hal ini, Bank Raya melakukan eksekusi model                                  Raya executed a revamped business model and digital innovation through
bisnis revamp dan inovasi digital melalui Aplikasi Raya dan Pinang Dana                               Aplikasi raya and Pinang Dana Talangan.
Talangan.

Pada tahun 2023, Bank Raya melanjutkan proses transformasi dengan                                     In 2023, Bank Raya continued its transformation by expanding its digital
mengembangkan produk dan layanan digital secara luas sehingga mampu                                   products and services, enabling the development of strong products, new
menghasilkan produk yang kuat, partnership baru, dan jaringan yang luas                               partnerships, and an extensive cash service network. In 2024, Bank Raya
dalam layanan tunai. Pada tahun 2024, Bank Raya memulai fase pertama                                  entered the first phase of leveraging business synergies across ecosystems
dari tahapan untuk memanfaatkan peluang sinergi bisnis dalam ekosistem                                and partnerships. Steps taken by Bank Raya included collaborating with
dan kemitraan. Langkah yang ditempuh Bank Raya adalah melakukan                                       PT Pegadaian to tap into new potential markets for Pinang Dana Talangan
kerjasama dengan PT Pegadaian untuk menggarap pasar potensial baru                                    with Pegadaian agents, utilizing Bank Raya’s QRIS Acquirer for merchants,
untuk Pinang Dana Talangan dengan Agen Pegadaian, menggunakan                                         and optimizing transaction services through Cash In Cash Out (CICO) for
QRIS Acquirer Bank Raya untuk Merchant, dan mengoptimalkan layanan                                    Bank Raya’s.
transaksi melalui Cash in Cash Out (CICO) untuk Bank Raya.


                                              Bank Raya Journey as BRI Group’s Digital Attacker
                                                                                                                                 2024 -
                                                                                                                                 2025
                                                                                                                       Exploit Business Synergy
                                                         2022                                                            Opportunities within
                                                                                                                           Ecosystems and
                                                     Established the                                                         Partnerships
                                                       Foundation                                                      Enhance our value propositions
                                                We executed our revamped                                               through ongoing improvement
                                                  business model and drove                                                while optimizing business
                                                digital innovation through the                                         opportunities within BRI Group
                                                  launch of Raya Apps and                                                via various channels in the
                                                   Pinang Dana Talangan,                                                ecosystems and explore new
                                                 establishing a strong digital                                              opportunities through
                                                          foundation.                                                            partnerships




                      2021                                                                  2023                                                              2026
             Transformation Started                                                Upscale Digital Products                                                  onwards
             In November 2021. BRI Agro                                                Development
             transformed into Bank Raya,
                                                                                                                                                        Optimize Digital Business
                                                                                   Significant improvements and                                         Exploit potential synergies and
             adopting a new vision as BRI                                          innovations in digital products                                          explore new business
             Group’s digital attacker while                                      and services were made this year,                                         opportunities along with
              revamping its portfolio and                                           resulting in a strong product                                       innovative digital products and
                    business model.                                              proposition, new partnerships, and                                                 services
                                                                                     expanded networks in cash
                                                                                               services.




Langkah lain yang dilakukan Bank Raya dalam memanfaatkan peluang                                      Another step Bank Raya in 2025 to leverage business synergies across
sinergi bisnis dalam ekosistem dan kemitraan pada tahun 2025 adalah                                   ecosystems and partnerships was to enhance the Bank’s value proposition
meningkatkan proposisi nilai Bank melalui perbaikan berkelanjutan sambil                              through continuous improvements, optimize opportunities within BRI Group
mengoptimalkan peluang bisnis dalam Grup BRI melalui berbagai saluran                                 across various channels, and explore new opportunities through partnerships.
di ekosistem dan mengeksplorasi peluang baru melalui kemitraan.

Didukung dengan produk dan layanan perbankan digital yang komprehensif,                               Supported by comprehensive digital banking products and services, Bank
Bank Raya bersinergi bisnis dengan BRI yang diimplementasikan dengan                                  Raya pursued business synergies with BRI, implemented through financing
sejumlah pembiayaan agen BRILink melalui Pinang Dana Talangan dan                                     for BRILink agents via Pinang Dana Talangan and payroll-based loans at
pinjaman dengan payroll di BRI via Pinang Flexi. Bank Raya juga                                       BRI via Pinang Flexi. Bank Raya also maximized business growth opportunities
memaksimalkan peluang pertumbuhan bisnis dengan produk Pinang                                         through the Pinang Maksima product which, which provides supply chain
Maksima untuk supply chain financing vendor dan merchant di ekosistem                                 financing to vendors and merchants within the BRI ecosystem. Bank Raya
BRI. Sinergi bisnis lainnya juga telah dikembangkan dengan entitas anak                               also developed business synergies with BRI subsidiaries, achieved through
BRI. Hal ini diwujudkan melalui produk Pinang Dana Talangan kepada                                    the Pinang Dana Talangan product for Pegadaian and its agents, and the
Pegadaian beserta Agennya dan Pinang Flexi entitas anak dan mitra BRI                                 Pinang Flexi product for other BRI Group subsidiaries and partners.
Group lainnya.




14       PT Bank Raya Indonesia Tbk
Page 15
       Analisis dan Pembahasan Manajemen                              Tata Kelola Perusahaan                                          Laporan Keberlanjutan                                    Laporan Keuangan Audit
       Management Discussion and Analysis                             Good Corporate Governance                                       Sustainability Report                                    Audited Financial Report




                                                                                                                                   Collaboration with
                                                                                                                                    ether partners
                                                        Exploration
                                                       Other Agents



                                                                                                                                                                                               Exploration
                                                                                                                                                                                          new markets through new
                                                                                                          Exploration
             2025 -
                                                                                                                                                                                               partnerships
                                                                                                    Mass Market Raya Paylater
                                    Exploitation
            onwards            BRI Group ecosystem




                                                                                                                                                               Exploitation
                                                                         Payroll BRI Group & Raya                                                        the existing supply chain
                                                                           (with wider potential)



              2024
                                                                  Exploitation
                                                          BRI Group ecosystem through
                                                           BRI and Bank Raya Payroll
                                                                                                                                                                                                   Exploration community
                                                                                                                                                                                                    through Saku Bareng




                                                                                                                                                                                              Exploration MSME merchants
                                                                                                                                                                                              Saku Bisnis & QRIS Merchant


                                              Payroll BRI & Raya

                                                                                                                                                                            Distribution Access : O2O Channel: >1.9 Million
                                                                                                                                                                           access (~7.5K BRI and Bank Raya outlets, ~20K
                                                                                                                                                                        BRI ATM & CRM, 1.2 Mn Agen BRILink, ~23K Indonesia)




                                                                                                            Exploitation the potential of the BRI Group ecosystem                          203 clusters acquisitions
                                                                                                              through “Saku” and other features in Raya Apps                               across Indonesia (9M25)




Selain bersinergi dengan entitas dalam BRI Group, Bank Raya juga melakukan                                  In addition to collaborating with entities within BRI Group, Bank Raya entered
beragam kerja sama dengan pihak ketiga untuk menopang ekspansi bisnis                                       into partnerships with third parties to support its business expansion throughout
selama tahun 2025. Dalam hal ini, Bank Raya bekerja sama dengan                                             2025. In this regard, Bank Raya collaborated with Perhutani to provide
Perhutani guna menghadirkan layanan digital untuk mitra dan karyawan.                                       digital services for its partners and employees. The cooperation was
Kerjasama dijalin melalui value chain partnership yaitu penyediaan akses                                    established through a value-chain partnership, specifically the provide of
Digital Lending yaitu Pinang Flexi untuk membantu kebutuhan konsumtif                                       access to Digital Lending through Pinang Flexi to support the consumption
Karyawan Perum Perhutani. Selain itu, membuka akses pinjaman Pinang                                         needs of Perum Perhutani employees. In addition, access to Pinang Maksima
Maksima dan Pinang Performa yang diperuntukkan bagi mitra Perum                                             and Pinang Performa loans for Perum Perhutani partners was provided to
Perhutani untuk meningkatkan produktivitas usaha, dan juga layanan                                          enhance business productivity, along with other digital banking services
perbankan digital lainnya yang tersedia di Aplikasi Raya.                                                   available on the Aplikasi raya.

Kerja sama juga dilakukan dengan PT Mid Solusi Nusantara (Mekari Talenta)                                   Bank Raya also collaborated with PT Mid Solusi Nusantara (Mekari Talenta)
guna mempermudah jutaan Talenta Indonesia Akses Layanan Bank Digital.                                       to facilitate access to digital banking services for millions of Indonesian
Melalui kerja sama ini, Bank Raya menyediakan layanan digitalisasi payroll                                  talents. Through this collaboration, Bank Raya provides payroll digitalization
melalui aplikasi Raya bagi pengguna Platform Mekari Talenta. Alhasil,                                       services via the Aplikasi Raya to users of the Mekari Talenta platform. As a
pengguna aplikasi Mekari Talenta dapat memanfaatkan layanan perbankan                                       result, Mekari Talenta application users can access Bank Raya’s digital
digital Bank Raya untuk kebutuhan transaksi keuangan mereka sehari-hari                                     banking services more easily for their daily financial transactions.
dengan lebih mudah.

Selain itu, Bank Raya bekerja sama dengan Grab dalam program Teras                                          Furthermore, Bank Raya partnered with Grab through the Teras Perwira
Perwira untuk mengajak para mitra GrabFood mengelola keuangan lebih                                         program to encourage GrabFood partners to manage their finances more
baik untuk operasional usaha guna mendorong produktivitas dan kemajuan                                      effectively for business operations, thereby driving higher productivity and
usaha yang lebih baik. Bank Raya memiliki flagship product diantaranya                                      business growth. Bank Raya offers flagship products, including Saku Bisnis,
Saku Bisnis yang menjadi andalan bagi pelaku usaha untuk mengelola                                          a key solution for business players to manage their finances and operations
keuangan dan operasional usahanya dalam satu aplikasi. Saku Bisnis juga                                     in a single application. Saku Bisnis is also integrated with QRIS Bisnis,
terintegrasi dengan QRIS Bisnis sehingga memungkinkan pelaku usaha                                          enabling business players to serve customers more effectively and monitor
melayani customer dengan lebih baik, serta memantau transaksi dengan                                        transactions optimally.
optimal.

Selama tahun 2025, Bank Raya juga menjalin kerjasama value chain                                            Throughout 2025, Bank Raya also established a digital-based value chain
berbasis digital dengan PT APP Purinusa Ekapersada dan Entitas Anak                                         partnership with PT APP Purinusa Ekapersada and its subsidiaries (APP
(APP Group). Melalui kerja sama ini diharapkan mampu mendorong                                              Group). This collaboration is expected to increase production capacity
peningkatan kapasitas produksi bagi mitra-mitra APP Group dan                                               among APP Group partners and enhance production quality through
meningkatkan kualitas produksi terbaik melalui pinjaman modal produktif                                     productive working capital loans based on invoice financing, Pinang
berbasis invoice financing yaitu produk digital Pinang Maksima.                                             Maksima's digital product.


                                                                                                                         Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                                            Annual Report & Sustainability Report                        2025                 15
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       Ikhtisar Kinerja                       Laporan Manajemen                                                                  Profil Perusahaan            Tinjauan Pendukung Bisnis
       Performance Highlights                 Management Report                                                                  Company Profile              Overview of Business Support Units




Selanjutnya kerja sama dikembangkan dengan PT SRC Indonesia Sembilan                                               Furthermore, Bank Raya expanded its collaboration with PT SRC Indonesia
(SRC), sebagai bagian dari PT HM Sampoerna Tbk, terkait pembiayaan                                                 Sembilan (SRC), a subsidiary of PT HM Sampoerna Tbk, to finance productive
usaha sektor produktif melalui produk pinjaman digital Bank Raya Pinang                                            business sectors through Bank Raya’s digital loan product, Pinang Performa.
Performa. Melalui kerja sama ini, mitra SRC dapat mengakses layanan dan                                            Through this collaboration, SRC partners can access Bank Raya’s services
produk Bank Raya guna mendorong peningkatan pertumbuhan bisnis                                                     and products to support their business growth.
mereka.

SRC berperan penting karena merupakan ekosistem yang terkoneksi                                                    SRC plays an important role as a connected ecosystem within a sustainable
sebagai bagian dari pendampingan usaha berkelanjutan untuk meningkatkan                                            business mentoring program aimed at enhancing the competitiveness of
daya saing UMKM toko kelontong. SRC berkomitmen untuk menjadi solusi                                               MSME grocery stores. SRC is committed to being a solution for all stakeholders,
untuk semua, bagi mitra grosir, pemilik toko kelontong, dan pelanggan di                                           including wholesale partners, grocery store owners, and customers across
Indonesia. Hingga tahun 2025, mitra SRC berjumlah lebih dari 250 ribu di                                           Indonesia. As of 2025, SRC had more than 250,000 partners across Indonesia.
seluruh Indonesia. Besaran pinjaman Pinang Performa yang diberikan                                                 The amount of Pinang Performa loans provided is adjusted based on SRC
menyesuaikan dari perputaran usaha mitra SRC, dengan maksimum                                                      partners' business turnover, with a maximum credit ceiling of Rp100 million.
plafond pinjaman sebesar Rp100 juta.




Untuk menopang ekspansi bisnis, Bank Raya juga secara berkesinambungan                                             To support business expansion, Bank Raya has also consistently introduced
melakukan inovasi produk perbankan digital. Roadmap inovasi produk                                                 innovations in its digital banking products. The roadmap for digital banking
perbankan digital dijelaskan sebagai berikut:                                                                      product innovation is outlined as follows:


                                                                                     Product Innovation Roadmap
                                                                                Exploitation : Optimize BRI Group Synergy

                                                                                               Exploration : Building Foundation for Mass Market




                                                                                                  Next
                                                                                                  •   Pioneering Agentic AI to Transform




                                                   4Q25
                                                   •    Digital Debit VISA Card           • Financial Menu
                                                       (Expanding domestic and              (Easy checking for financial)
                                                       international transactions)
                                                   •    Uang Saku
                                                       (A new feature for children saving
                                                       accounts)




                                                                                                  3Q25
                                                                                                  •   Raya Paylater
                                                                                                      (Unlocking mass market potential)




                                                   2Q25
                                                   •   Cashier Access & 3 QRIS Acquirer • Zakat and Donation
                                                       (Increasing payment productivity)   (Charity transaction)
                                                   •   Raya Points                       • Raya Story
                                                       (Loyalty program for customer)      (Insightful financial guidance for users)




                                                                                                  1Q25
                                                                                                  •   Pinang Dana Darurat for BRI Merchant
                                                                                                      (to boost the transactions of BRI Merchants)
                                                                                                  •   BRIFINE Investment
                                                                                                      (Long term investment through DPLK BRI)




16      PT Bank Raya Indonesia Tbk
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      Analisis dan Pembahasan Manajemen               Tata Kelola Perusahaan                Laporan Keberlanjutan                 Laporan Keuangan Audit
      Management Discussion and Analysis              Good Corporate Governance             Sustainability Report                 Audited Financial Report




Pencapaian Penting Tahun 2025
Key Achievements in 2025

•   Total pinjaman Bank Raya tumbuh 8,27% yoy menjadi Rp7,72 triliun        •     Bank Raya's total loans increased by 8.27% yoy, reaching Rp7.72 trillion
    pada tahun 2025. Capaian ini lebih tinggi dibandingkan Bank KBMI              in 2025. This achievement surpasses that of Bank KBMI 1, which recorded
    1 mencatatkan penurunan pinjaman yang diberikan sebesar 6,56%                 a 6.56% yoy decrease in loans disbursed.
    yoy.
•   Simpanan nasabah Bank Raya membukukan kenaikan double digit             •     Bank Raya's customer deposits increased by 17.36% yoy in 2025, which
    sebesar 17,36% yoy pada tahun 2025. Capaian ini jauh lebih tinggi             is a double-digit growth. This is significantly higher than the 13.83%
    dibandingkan dengan pertumbuhan simpanan nasabah Bank Umum                    yoy growth in customer deposits at Commercial Banks. In contrast,
    sebesar 13,83% yoy, sedangkan Bank KBMI 1 mencatatkan penurunan               Bank KBMI 1 recorded a 4.52% yoy decline.
    4,52% yoy pada tahun tersebut.
•   Sejalan dengan pertumbuhan kredit tersebut, Bank Raya mencatatkan       •     In line with this loan growth, Bank Raya recorded a sharp rise in net
    kenaikan tajam atas pendapatan bunga bersih sebesar 21,75% yoy                interest income of 21.75% yoy to Rp696.34 billion in 2025. This was
    menjadi Rp696,34 miliar pada tahun 2025. Peningkatan ini lebih tinggi         higher than the 4.09% increase in net interest income recorded by
    dibandingkan dengan kenaikan pendapatan bunga bersih yang                     Commercial Banks, while the net interest income of Bank KBMI 1
    dicatatkan oleh Bank Umum sebesar 4,09%, sedangkan pendapatan                 contracted by 11.14% yoy.
    bunga bersih Bank KBMI 1 terkontraksi 11,14% yoy.
•   Rasio KPMM Bank Raya sebesar 40,25% pada tahun 2025 dibandingkan        •     Bank Raya's CAR ratio was 40.25% in 2025, compared to 44.29% the
    dengan 44,29% pada tahun sebelumnya. Meski demikian, rasio ini                previous year. Nevertheless, it remained significantly higher than the
    masih jauh lebih tinggi dibandingkan dengan rasio CAR Bank Umum               CAR ratios of Commercial Banks and Bank KBMI 1, which were 25.89%
    dan Bank KBMI 1 masing-masing sebesar 25,89% yoy dan 30,91%                   and 30.91%, respectively. This indicates opportunities for business
    yoy. Hal ini menunjukkan peluang untuk ekspansi bisnis pada tahun             expansion in the coming year.
    mendatang.
•   Rasio NIM Bank Raya mencapai 5,08% pada tahun 2025, lebih tinggi        •     Bank Raya's net interest margin (NIM) ratio reached 5.08% in 2025, up
    dibandingkan dengan 4,44% pada tahun sebelumnya. Capaian rasio                from 4.44% the previous year. This achievement is also higher than the
    ini juga lebih tinggi dibandingkan dengan rasio NIM Bank Umum dan             NIM ratios of Commercial Banks and Bank KBMI 1, which are 4.72%
    Bank KBMI 1 masing-masing sebesar 4,72% dan 4,70%.                            and 4.70%, respectively.




                                                                                     Laporan Tahunan & Laporan Keberlanjutan
                                                                                                Annual Report & Sustainability Report   2025           17
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       Ikhtisar Kinerja                      Laporan Manajemen                        Profil Perusahaan                   Tinjauan Pendukung Bisnis
       Performance Highlights                Management Report                        Company Profile                     Overview of Business Support Units




 Testimoni dari Pemangku Kepentingan
 Testimonials from Stakeholders

 Beragam keunggulan kompetitif Bank Raya mampu dirasakan oleh para                  Bank Raya’s competitive advantages are experienced by its stakeholders,
 pemangku kepentingan termasuk di dalamnya inovasi produk dan layanan               including innovations in products and services, thereby delivering satisfaction
 sehingga mampu menghasilkan kepuasan dan nilai tambah bagi para                    and added value, as explained below.
 pemangku kepentingan sebagaimana dijelaskan berikut ini.




     S
           aya menjadi nasabah Bank Raya sejak tahun 2022. Selama 4 tahun menjadi nasabah bank tersebut, saya mendapatkan pelayanan yang
           sangat bagus. Pengalaman pribadi sebagai nasabah yang dirasakan adalah respon dari Relationship Manager (RM) Community Branch
           (CB) Bank Raya Semarang yang sangat cepat jika saya hubungi.

     Sampai saat ini, saya menggunakan produk Bank Raya yakni Pinang Dana Talangan. Nilai plus yang saya dapatkan dari produk/layanan adalah
                           terpenuhinya kebutuhan kami dalam layanan transaksi di Agen BRILink. Karena proses pencairan dana talangan yang
                              mudah, cepat, tidak harus datang ke bank, dan tanpa jaminan.

                                Saya berharap dana talangan Bank Raya tetap ada, karena produk tersebut sangat membantu kami. Selanjutnya,
                                 harapan saya sosialisasi produk Bank Raya lainnya seperti tabungan tanpa saldo minimum perlu dilakukan secara
                                  terus menerus.



                                  I have been a customer of Bank Raya since 2022. Throughout the four years of being a client, I have consistently
                                  experienced great service. My personal interactions with the Relationship Manager, at the Community Branch of
                                  Bank Raya Semarang have shown me that she responds quickly whenever I reach out for assistance regarding.

                                     Currently, I am using the Pinang Dana Talangan product from Bank Raya. The benefit I receive from this service is that
                                       it meets our transaction requirements through BRILink agents. The BRILink funds disbursement process is easy and
                                          fast. It requires no visit to the Bank or collateral.

                                              I wish for Bank Raya's bridging funds to remain available, as they have been extremely beneficial to us. I also
                                                hope that other offerings from Bank Raya, such as the no-deposit savings account, will be actively promoted.




                                                             Nurhidayah
                                                             Agen Brilink Toko Arif | BRILink Agent, Toko Arif

                                                             Agen Brilink Toko Arif
                                                             Pemilik Toko




18      PT Bank Raya Indonesia Tbk
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Analisis dan Pembahasan Manajemen              Tata Kelola Perusahaan                  Laporan Keberlanjutan                Laporan Keuangan Audit
Management Discussion and Analysis             Good Corporate Governance               Sustainability Report                Audited Financial Report




S
      aya sudah menjadi nasabah Bank Raya selama 1 tahun dan merasakan layanan Bank tersebut mudah digunakan dan petugas
      customer service ramah dan sigap membantu jika ada kendala. Saya adalah pengguna produk Saku Bisnis dan Saku Utama
      karena memberikan kemudahan dalam mengelola uang untuk usaha dan pribadi.

Saya merasakan nilai tambah yang diberikan oleh produk dan/atau layanan Bank Raya yang tidak dikenakan biaya admin. Selain itu,
yang terbaru, Bank Raya menyediakan free BI-Fast di Saku Bisnis yang memberi kemudahan bagi kami untuk mengatur transfer dan
sekaligus untuk menggaji karyawan.

Terakhir, saya berharap Bank Raya bisa melengkapi fitur pada aplikasi raya sehingga mampu bersaing dengan bank lain dalam penyediaan
layanan perbankan digital.


I've been a client of Bank Raya for a year now, and I find their services user-friendly, with the customer support team being approachable
and ready to assist with any concerns. I utilize the Saku Bisnis and Saku Utama offerings as they help me clearly delineate my business
funds from personal.

I appreciate the benefits of Bank Raya's offerings, which do not impose administrative fees. Additionally, Bank Raya recently introduced
complimentary BI-Fast in Saku Bisnis, simplifying our ability to handle transfers and compensate employees.

Finally, I hope Bank Raya can complete the features in the Aplikasi Raya so that it can compete with other banks in
providing digital banking services.




                          Selvia Novianti
         Pemilik Jatiraras Coffee | Owner of Jatiraras Coffee

                                Koordinator UMKM Jatiraras
                                 Jatirasa MSME Coordinator




                                                                               Laporan Tahunan & Laporan Keberlanjutan
                                                                                          Annual Report & Sustainability Report   2025           19
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      Ikhtisar Kinerja                      Laporan Manajemen                    Profil Perusahaan                 Tinjauan Pendukung Bisnis
      Performance Highlights                Management Report                    Company Profile                   Overview of Business Support Units




S
     Saya sudah menjadi nasabah Bank Raya kurang lebih satu tahun. Selama menjadi nasabah Bank Raya, terdapat kemudahan yang diberikan
     kepada para pedagang khususnya terkait fee administrasi bulanan dan tanpa saldo mengendap. Selaku UMKM, saya memandang hal
     tersebut menguntungkan bagi pedagang meskipun kelihatannya kecil.

Produk/layanan Bank Raya yang saya gunakan terdiri dari QRIS Bank Raya, Saku Utama, Saku Bisnis, dan Agen Raya. Nilai tambah yang dirasakan
adalah layanan mudah dan tim marketing yang sangat membantu, keberadaan ATM BRI yang mudah ditemukan dimana saja, admin free, dan
saldo mengendap Rp0,-.

Sebagai nasabah Bank Raya, saya berharap adanya inovasi mesin QRIS yang dapat memberikan notifikasi saat transaksi masuk, settlement
diharapkan 1 jam sekali, dan dukungan inklusi keuangan di SWK Srikana untuk edukasi perbankan.


I've been a customer of Bank Raya for roughly a year. Throughout my experience with Bank Raya, I've noticed the ease it provides to merchants,
especially in terms of monthly fees and the absence of a minimum balance requirement. As a micro, small, and medium enterprise, I find these
aspects advantageous for merchants, even if they might appear minor.

                       The Bank Raya products/services I use include QRIS Bank Raya, Saku Utama, Saku Bisnis, and Agen Raya. The added value
                           I've experienced includes easy service and a helpful marketing team, easy access to BRI ATMs, free admin fees, and a
                               Rp0 balance.

                                As a Bank Raya customer, I hope for the innovation of a QRIS machine that can provide notifications when
                                transactions are received, settlements are expected to be made every hour, and financial inclusion support is
                                expected to be provided at SWK Srikana for banking education.




                                                      Guntur
                                                      Kedai Kopi 78 | Coffee Shop 78

                                                      Koordinator SWK Srikana
                                                      SWK Srikana Coordinator




20     PT Bank Raya Indonesia Tbk
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      Analisis dan Pembahasan Manajemen                    Tata Kelola Perusahaan                      Laporan Keberlanjutan                 Laporan Keuangan Audit
      Management Discussion and Analysis                   Good Corporate Governance                   Sustainability Report                 Audited Financial Report




S
       aya menjadi nasabah Bank Raya sejak Juli 2024. Selama hampir dua tahun menjadi nasabah Bank Raya, saya merasakan pelayanan Bank
       Raya cukup baik terutama dari sisi kemudahan akses layanan digital. Proses transaksi dan penggunaan aplikasi berjalan dengan lancar
       dan selama ini tidak ada gangguan yang berarti.

Saya merupakan pengguna QRIS yang sangat memudahkan untuk bertransaksi dan memberikan manfaat lainnya. Sebagai contoh, kami pernah
bertransaksi untuk pembelian sejumlah produk termasuk kopi dan makanan di Family Mart. Tidak hanya kemudahan dalam bertransaksi saja,
kami juga memperoleh cashback sebesar 36% karena sedang ada promo ulang tahun Family Mart. Selain itu, anak saya juga merupakan pengguna
layanan QRIS yang disediakan oleh Bank Raya untuk beragam transaksi seperti menonton film di XXI dan naik taksi dimana memperoleh cashback
dari Bank Raya juga.

Nilai tambah dari produk dan/atau layanan Bank Raya adalah kepraktisan dan efisiensi, karena sebagian besar transaksi dapat dilakukan secara digital. Fitur
yang tersedia cukup membantu dalam mengelola keuangan sehari-hari, dengan adanya beragam Saku.

Saya berharap Bank Raya terus memperkuat inovasi layanan digital, meningkatkan kualitas pengalaman pengguna, serta memperluas fitur-fitur
yang mendukung kebutuhan nasabah dan mitra usaha. Selain itu, Bank Raya tetap konsisten dalam menjaga keamanan, keandalan sistem, dan
kualitas pelayanan sehingga kepercayaan nasabah terus terjaga. Dengan langkah tersebut, saya optimis Bank Raya dapat terus berkembang
dan memberikan kontribusi positif bagi ekosistem perbankan digital di Indonesia. Selain itu, jangan lupa memperbanyak cashback/diskon.

I have been a customer of Bank Raya since July 2024. Over nearly two years, I have found the service from Bank Raya to be quite satisfactory, particularly
regarding the easy use of digital services. Both transactions and the app function well, and there have been no major interruptions.

I utilize QRIS, which greatly streamlines transactions and offers additional advantages. For instance, we once bought a number of items, such as coffee and
snacks, at Family Mart. The transaction was straightforward, and we received a 36% cashback because of a special promotion for Family
Mart's anniversary. Additionally, my son also uses the QRIS service from Bank Raya for different purchases, like watching films at XXI and
traveling by taxi, where he has also received cashback from Bank Raya.

The key benefit of Bank Raya's products and services lies in their practicality and efficiency, as most transactions can be completed
online. The features they offer, including various Saku options, are very useful for managing everyday finances.

I hope that Bank Raya will keep enhancing its digital service innovations, boost the quality of the user experience, and broaden
features to better meet the needs of customers and business partners. Furthermore, Bank Raya must remain diligent in ensuring
security, system reliability, and service quality to uphold customer confidence. With these efforts, I believe that Bank Raya can continue
to expand and positively contribute to Indonesia's digital banking scene. Also, it would be great to see an increase in cashback and
discounts.




                                                     Achmad Febrian
                                                                           Jurnalis | Journalist




                                                                                               Laporan Tahunan & Laporan Keberlanjutan
                                                                                                           Annual Report & Sustainability Report   2025           21
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       Ikhtisar Kinerja                       Laporan Manajemen                    Profil Perusahaan                  Tinjauan Pendukung Bisnis
       Performance Highlights                 Management Report                    Company Profile                    Overview of Business Support Units




Penghargaan dan Sertifikasi
Awards and Certifications


Penghargaan                                                                  Awards
Sejalan dengan testimoni dari berbagai pemangku kepentingan tersebut         In line with the testimonials from various stakeholders as described above,
di atas, Bank Raya juga memperoleh pengakuan dari pihak eksternal            Bank Raya also received external recognition in the form of several awards
berupa sejumlah penghargaan yang berhasil didapatkan selama tahun            obtained during the 2025 fiscal year, comprising the following:
buku 2025 yang terdiri dari:




               Penyelenggara | Organizer                          Penyelenggara | Organizer                       Penyelenggara | Organizer
                      Investortrust                                      The Banker                                       Infobank

                     Ajang | Event                                      Ajang | Event                                    Ajang | Event
                    Best Stock Award                              Top 100 Digital Banks 2025                       Digital Brand Award 2025

               Prestasi | Achievement                              Prestasi | Achievement                          Prestasi | Achievement
      BUMN & Anak Usaha BUMN Sektor Keuangan                      Top 5 Digital Banks in Asia                   The 2nd Best Bank Digital 2025
                     Middle CAP
                                                             Tanggal Perolehan | Date of Award                Tanggal Perolehan | Date of Award
           Tanggal Perolehan | Date of Award                   5 Maret 2025 | March 5, 2025                     20 Maret 2025 | March 20, 2025
          25 Februari 2025 | February 25, 2025




            Penyelenggara | Organizer                          Penyelenggara | Organizer                              Penyelenggara | Organizer
                 Warta Ekonomi                                      The Iconomics                                             Mark Plus

                  Ajang | Event                                        Ajang | Event                                      Ajang | Event
        Indonesia Digital Innovation Award           7Th Anniversary Indonesia Best CSR Awards 2025          BUMN Entreprenurial Marketing Award 2025

              Prestasi | Achievement                             Prestasi | Achievement                                Prestasi | Achievement
     The Most Innovative Digitalization of Digital    7Th Anniversary Indonesia 50 Best CSR Awards          Silver Winner The Most Promising Company in
   Bank 2025 for Strengthening Brand Awareness                             2025                            Marketing 3.0 Kategori Anak Perusahaan BUMN
          through Digital - First Strategies
                                                           Tanggal Perolehan | Date of Award                     Tanggal Perolehan | Date of Award
        Tanggal Perolehan | Date of Award                     29 April 2025 | April 29, 2025                        15 Mei 2025 | May 15, 2025
          21 Maret 2025 | March 21, 2025




22      PT Bank Raya Indonesia Tbk
Page 23
            Analisis dan Pembahasan Manajemen             Tata Kelola Perusahaan                  Laporan Keberlanjutan                Laporan Keuangan Audit
            Management Discussion and Analysis            Good Corporate Governance               Sustainability Report                Audited Financial Report




                 Penyelenggara | Organizer                        Penyelenggara | Organizer                             Penyelenggara | Organizer
                        Investortrust                                      iNews                                                Infobank

                         Ajang | Event                                    Ajang | Event                                       Ajang | Event
              The Best Investortrust Awards 2025                Digital Innovation Awards 2025               22nd Indonesian Best Bank in Service Excellence

                   Prestasi | Achievement                             Prestasi | Achievement                             Prestasi | Achievement
          The Best Net Income Growth Investortrust         Digital Innovation in Business Transformation      The 2nd Best Digital Bank in Excellence Mobile
                      Companies 2025                   (Improving Digital Bankin Experience with Raya App)          Opening Account Via Mobile APP

             Tanggal Perolehan | Date of Award                Tanggal Perolehan | Date of Award                    Tanggal Perolehan | Date of Award
                27 Mei 2025 | May 27, 2025                       28 Mei 2025 | May 28, 2025                           24 Juni 2025 | June 24, 2025




          Penyelenggara | Organizer                             Penyelenggara | Organizer                                 Penyelenggara | Organizer
                  Kontan                                                Kontan                                                    Solopos

                Ajang | Event                                         Ajang | Event                                          Ajang | Event
     Outstanding Perfomance in integrated              Excellence in O2O (Online2offline) Business           Solopos Best Brand and Innovation Award 2025
             Ecosystems Strategy                                         Strategy
                                                                                                                           Prestasi | Achievement
             Prestasi | Achievement                              Prestasi | Achievement                                      Bank Digital Inovatif
     Special Recognition: Excellence in O2O          Special Recognition: Outstanding Performance in
(Online2Offline) Business Strategy SPEx2nd Award      Integrated Ecosystems strategy SPEx2nd Award                  Tanggal Perolehan | Date of Award
                       2025                                                2025                                        18 Juli 2025 | July 18, 2025

      Tanggal Perolehan | Date of Award                    Tanggal Perolehan | Date of Award
         26 Juni 2025 | June 26, 2025                         26 Juni 2025 | June 26, 2025




                                                                                          Laporan Tahunan & Laporan Keberlanjutan
                                                                                                     Annual Report & Sustainability Report   2025           23
Page 24
       Ikhtisar Kinerja                      Laporan Manajemen                   Profil Perusahaan              Tinjauan Pendukung Bisnis
       Performance Highlights                Management Report                   Company Profile                Overview of Business Support Units




            Penyelenggara | Organizer                               Penyelenggara | Organizer                        Penyelenggara | Organizer
                   Investortrust                                             SWA                                             Katadata

                     Ajang | Event                                        Ajang | Event                                     Ajang | Event
           Investortrust BUMN Award 2025                            Corporate Secretary Award                           Kata Data Green Safe

              Prestasi | Achievement                                Prestasi | Achievement                               Prestasi | Achievement
     Perfomace Excellence Awards Excellence in          Corporate Secretary In Compliance based in Jury       Inclusive Finance For Coastal Conservation
            Digital Banking Turnaround                       Assesment With the Predicate : Good
                                                                                                                 Tanggal Perolehan | Date of Award
        Tanggal Perolehan | Date of Award                     Tanggal Perolehan | Date of Award               10 September 2025 | September 10, 2025
           31 Juli 2025 | July 31, 2025                    10 September 2025 | September 10, 2025




             Penyelenggara | Organizer                           Penyelenggara | Organizer                         Penyelenggara | Organizer
                       IICD                                               SWA                                            IDX Channel
                  Ajang | Event                                      Ajang | Event                                        Ajang | Event
 IICD Award - Corporate Governance Conference             Indonesia Best CX-EX Strategy 2025              IDX Channel Anugerah Inovasi Indonesia 2025
                     Award                                                                                      Kategori produk dan model Bisnis
                                                                Prestasi | Achievement
               Prestasi | Achievement                Indonesia Best CX-EX Strategy 2025 Predicate :                  Prestasi | Achievement
          Best Disclosure and Transparancy                            very good                             Ekosistem Digital Raya Apps untuk Literasi
                                                                                                                           Keuangan
         Tanggal Perolehan | Date of Award                Tanggal Perolehan | Date of Award
      15 September 2025 | September 15, 2025               8 Oktober 2025 | October 8, 2025                   Tanggal Perolehan | Date of Award
                                                                                                              10 Oktober 2025 | October 10, 2025




24      PT Bank Raya Indonesia Tbk
Page 25
        Analisis dan Pembahasan Manajemen              Tata Kelola Perusahaan                   Laporan Keberlanjutan                  Laporan Keuangan Audit
        Management Discussion and Analysis             Good Corporate Governance                Sustainability Report                  Audited Financial Report




          Penyelenggara | Organizer                               Penyelenggara | Organizer                             Penyelenggara | Organizer
                  Liputan 6                                             Investor Daily                                           SWA

                  Ajang | Event                                       Ajang | Event                                         Ajang | Event
Anugerah Inspiratif Liputan6.com 2025 Kategori               Investor Daily ESG Appreciation                 Indonesia Good Corporate Governance Award
 Digitalisasi Inovasi perbankan Digital Berbasis                                                                                2025
                    Komunitas                                   Prestasi | Achievement
                                                          Kategori Initiative in Social Innovation                        Prestasi | Achievement
          Prestasi | Achievement                                                                                           Kategori Most Trusted
Perusahaan Inspiratif Kategori Digitalisasi inovasi        Tanggal Perolehan | Date of Award
     perbankan digital berbasis komunitas                20 November 2025 | November 20, 2025                      Tanggal Perolehan | Date of Award
                                                                                                                 25 November 2025 | November 25, 2025
     Tanggal Perolehan | Date of Award
     18 Oktober 2025 | October 18, 2025




                                     Penyelenggara | Organizer                             Penyelenggara | Organizer
                                              Grab                                                  Disway

                                          Ajang | Event                                           Ajang | Event
                                    Grab Ads Trailblazer Awards                                  Disway Awards

                                     Prestasi | Achievement                                Prestasi | Achievement
                           Kategori Ecosystem Collaboration Trailblazer             Kategori Anugerah Brand Populer 2025

                                Tanggal Perolehan | Date of Award                     Tanggal Perolehan | Date of Award
                              26 November 2025 | November 26, 2025                   4 Desember 2025 | December 4, 2025




                                                                                        Laporan Tahunan & Laporan Keberlanjutan
                                                                                                     Annual Report & Sustainability Report   2025           25
Page 26
       Ikhtisar Kinerja                                                                                                                               Laporan Manajemen                  Profil Perusahaan                                                                                                  Tinjauan Pendukung Bisnis
       Performance Highlights                                                                                                                         Management Report                  Company Profile                                                                                                    Overview of Business Support Units




Sertifikasi                                                                                                                                                                         Certifications
Dalam menjalankan kegiatan operasional di industri perbankan, Bank                                                                                                                  In its banking operations, Bank Raya consistently prioritizes prudential
Raya senantiasa mengedepankan aspek kehati-hatian serta berpedoman                                                                                                                  principles and adheres to applicable standards, as evidenced by several
pada standar yang berlaku yang diwujudkan dengan perolehan sejumlah                                                                                                                 certifications valid through December 31, 2025.
sertifikasi yang masih berlaku hingga 31 Desember 2025.




                      Certificate of Registration
                      IT SERVICE MANAGEMENT SYSTEM - ISO/IEC 20000-1:2018

                      This is to certify that:                                  PT Bank Raya Indonesia (Persero) Tbk
                                                                                Gedung Menara BRILian
                                                                                Jl. Gatot Subroto No. 177 A
                                                                                Menteng Dalam, Tebet, Jakarta Selatan
                                                                                DKI Jakarta
                                                                                Indonesia 12870




                      Holds Certificate No:                                     ITMS 775409
                      and operates an IT Service Management System which complies with the requirements of ISO/IEC 20000-1:2018 for
                      the following scope:


                                      The Service Management System of PT Bank Raya Indonesia, Tbk – Operational Digital
                                      Division hat delivers Pinang Flexi application to External Customer. This is in accordance with
                                      the latest service catalogue.




                      For and on behalf of BSI:
                                                                                Michael Lam - Managing Director Assurance, APAC

                      Original Registration Date: 2022-12-29                                                                 Effective Date: 2022-12-29
                      Latest Revision Date: 2022-12-29                                                                       Expiry Date: 2025-12-28

                                                                                                                                                      Page: 1 of 2




                      This certificate was issued electronically and remains the property of BSI and is bound by the conditions of contract.
                      An electronic certificate can be authenticated online.
                      Printed copies can be validated at www.bsi-global.com/ClientDirectory or telephone +62 21 806 49 600 or +62 21 227 678 09.
                      Further clarifications regarding the scope of this certificate and the applicability of ISO/IEC 20000-1:2018 requirements may be obtained by consulting the
                      organization.
                      This certificate is valid only if provided original copies are in complete set.

                      Information and Contact: BSI, Kitemark Court, Davy Avenue, Knowlhill, Milton Keynes MK5 8PP. Tel: + 44 345 080 9000
                      BSI Assurance UK Limited, registered in England under number 7805321 at 389 Chiswick High Road, London W4 4AL, UK.
                      A Member of the BSI Group of Companies.




                Jenis Sertifikat | Certificate Type                                                                                                                                                 Jenis Sertifikat | Certificate Type
      ISO/IEC 20000-1:2018 Sistem Manajemen Layanan TI                                                                                                                                           ISO 9001:2015 Sistem Manajemen Mutu
                 Tahun Perolehan | Certifying Year                                                                                                                                                  Tahun Perolehan | Certifying Year
                              2022                                                                                                                                                                               2024
              Pemberi Sertifikat | Certifying Institution                                                                                                                                        Pemberi Sertifikat | Certifying Institution
                 British Standards Institution (BSI)                                                                                                                                                British Standards Institution (BSI)
                   Masa Berlaku | Validity Period                                                                                                                                                     Masa Berlaku | Validity Period
                           2022-2025                                                                                                                                                                          2024-2027




                                                                                                                                                                                                         Certificate of Registration
                                                                                                                                                                                                         INFORMATION SECURITY MANAGEMENT SYSTEM - ISO/IEC 27001:2022

                                                                                                                                                                                                         This is to certify that:                                  PT Bank Raya Indonesia Tbk
                                                                                                                                                                                                                                                                   Menara BRILiaN – 16th floor
                                                                                                                                                                                                                                                                   Jl. Gatot Subroto No. 177A
                                                                                                                                                                                                                                                                   Kel. Menteng Dalam, Kec. Tebet
                                                                                                                                                                                                                                                                   Jakarta Selatan
                                                                                                                                                                                                                                                                   DKI Jakarta
                                                                                                                                                                                                                                                                   Indonesia 12740




                                                                                                                                                                                                         Holds Certificate No:                                     IS 842131
                                                                                                                                                                                                         and operates an Information Security Management System which complies with the requirements of ISO/IEC
                                                                                                                                                                                                         27001:2022 for the following scope:


                                                                                                                                                                                                                         The information security management system in development and infrastructure operation of
                                                                                                                                                                                                                         Mobile Banking Application This is in accordance with the Statement of Applicability – Lampiran
                                                                                                                                                                                                                         I Pedoman Pelaksanaan SMKI no. SE B.08/Dir.03.04/PCP/ASA/02/2026 – Version 2.0 dated 24
                                                                                                                                                                                                                         February 2026




                                                                                                                                                                                                         For and on behalf of BSI:
                                                                                                                                                                                                                                                                   Emmanuel Herve, Managing Director, ASEAN

                                                                                                                                                                                                         Original Registration Date: 2026-03-12                                                                 Effective Date: 2026-03-12
                                                                                                                                                                                                         Latest Revision Date: 2026-03-12                                                                       Expiry Date: 2029-03-11

                                                                                                                                                                                                                                                                                                                                         Page: 1 of 1




                                                                                                                                                                                                         This certificate was issued electronically and remains the property of BSI and is bound by the conditions of contract.
                                                                                                                                                                                                         An electronic certificate can be authenticated online.
                                                                                                                                                                                                         Printed copies can be validated at www.bsi-global.com/ClientDirectory or telephone +62 21 806 49 600 or +62 21 227 678 09.
                                                                                                                                                                                                         Further clarifications regarding the scope of this certificate and the applicability of ISO/IEC 27001:2022 requirements may be obtained by consulting the
                                                                                                                                                                                                         organization.
                                                                                                                                                                                                         This certificate is valid only if provided original copies are in complete set.

                                                                                                                                                                                                         Information and Contact: BSI, Kitemark Court, Davy Avenue, Knowlhill, Milton Keynes MK5 8PP. Tel: + 44 345 080 9000
                                                                                                                                                                                                         BSI Assurance UK Limited, registered in England under number 7805321 at Seventh and Eighth Floors, The Acre, 90 Long Acre, London, WC2E 9RA, UK.
                                                                                                                                                                                                         (Accredited Certification Body for ANAB and UKAS)
                                                                                                                                                                                                         Indonesia Headquarters: Talavera Office Suite 20th Floor, Suite #01-06 Jl. TB Simatupang Kav. 22 - 26, Cilandak,
                                                                                                                                                                                                         Jakarta Selatan, DKI Jakarta 12430, Indonesia. Tel: +62 21 2276 7809; +62 21 8064 9600 Fax: +62 21 2276 8271. (Accredited Certification Body for KAN)
                                                                                                                                                                                                         A Member of the BSI Group of Companies.




               Jenis Sertifikat | Certificate Type                                                                                                                                                Jenis Sertifikat | Certificate Type
       ISO 37001:2016 Sistem Manajemen Anti Penyuapan                                                                                                                                ISO/IEC 27001:2022 Sistem Manajemen Keamanan Informasi
                 Tahun Perolehan | Certifying Year                                                                                                                                                  Tahun Perolehan | Certifying Year
                              2025                                                                                                                                                                               2026
              Pemberi Sertifikat | Certifying Institution                                                                                                                                        Pemberi Sertifikat | Certifying Institution
                             Sucofindo                                                                                                                                                              British Standards Institution (BSI)
                   Masa Berlaku | Validity Period                                                                                                                                                     Masa Berlaku | Validity Period
                           2025-2028                                                                                                                                                                          2026-2029


26      PT Bank Raya Indonesia Tbk
Page 27
Analisis dan Pembahasan Manajemen    Tata Kelola Perusahaan                     Laporan Keberlanjutan                Laporan Keuangan Audit
Management Discussion and Analysis   Good Corporate Governance                  Sustainability Report                Audited Financial Report




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                                                                     Laporan Tahunan & Laporan Keberlanjutan
                                                                                   Annual Report & Sustainability Report   2025           27
Page 28
      Ikhtisar Kinerja                  Laporan Manajemen         Profil Perusahaan            Tinjauan Pendukung Bisnis
      Performance Highlights            Management Report         Company Profile              Overview of Business Support Units




Daftar Isi
Table of Contents

3    Sanggahan dan Batasan Tanggung Jawab                   80    Pernyataan Tanggung Jawab Laporan Tahunan dan
     Disclaimer and Limitation of Liability                       Laporan Berkelanjutan 2025 oleh Dewan Komisaris dan
                                                                  Direksi PT Bank Raya Indonesia Tbk
4    Tentang Laporan Tahunan dan Laporan Berkelanjutan
                                                                  The Board of Commissioners and the Board of Directors
     About the Annual Report and Sustainability Report
                                                                  have issued a statement of responsibility for the 2025
5    Ringkasan Eksekutif                                          Annual Report and Sustainability Report
     Executive Summary                                            PT Bank Raya Indonesia Tbk
9    Penjelasan Tema
     Theme Explanation
10   Kesinambungan Tema
     Theme Continuity                                       82		 Profil Perusahaan
12   Keunggulan Kompetitif Kami                             		 Company Profile
     Our Competitive Advantages
14   Memanfaatkan Peluang Sinergi Bisnis dalam Ekosistem    84    Identitas Perusahaan
     dan Kemitraan                                                Corporate Identity
     Leveraging Business Synergy Opportunities Within       85    Sekilas Tentang Perusahaan
     the Ecosystem and Partnerships                               Company in Brief
17   Pencapaian Penting Tahun 2025
                                                                  85     Kronologis Perubahan Nama Perusahaan
     Key Achievements in 2025
                                                                         Chronology of the Change of Company Name
18   Testimoni dari Pemangku Kepentingan
                                                                  86     Sejarah Singkat Perusahaan
     Testimonials from Stakeholders
                                                                         Brief History of the Company
22   Penghargaan dan Sertifikasi
                                                            88    Jejak Langkah
     Awards and Certifications
                                                                  Milestones [OJK C.6]
28   Daftar Isi
                                                            90    Logo Perusahaan
     Table of Contents
                                                                  Company Logo
                                                            91    Visi, Misi dan Budaya Perusahaan
                                                                  Vision, Mission, and Corporate Culture [OJK C.1]
32		 Ikhtisar Kinerja                                       93    Bidang dan Kegiatan Usaha
		 Performance Highlights                                         Business Line and Activities [GRI 2-6][OJK C.4]
                                                            95    Produk dan Layanan Perbankan
34   Ikhtisar Keuangan                                            Banking Products and Services [GRI 2-6][OJK C.4]
     Financial Highlights
                                                                  95     Produk dan Layanan Perbankan Non-Digital
38   Ikhtisar Operasional                                                Non-Digital Banking Products and Services
     Operational Highlights
                                                                  95     Produk dan Layanan Perbankan Digital
39   Ikhtisar Organisasi                                                 Digital Banking Products and Services
     Organizational Highlights
                                                                  99     Produk dan Layanan Lainnya
40   Ikhtisar Keberlanjutan
                                                                         Other Products and Services
     Sustainability Highlights
                                                                  100    Transformasi Layanan Perbankan Digital
41   Ikhtisar Saham
                                                                         Digital Banking Services Transformation
     Share Highlights
                                                            103   Wilayah Operasional
43   Informasi Efek Lainnya
                                                                  Operational Area [OJK C.3]
     Other Securities Highlights
                                                            105   Rantai Pasokan
44   Peristiwa Penting 2025
                                                                  Supply Chain [GRI 3-3, 204-1]
     Important Events in 2025
                                                            105   Keanggotaan Organisasi atau Asosiasi
                                                                  Membership of Organizations or Associations
                                                                  [GRI 2-28][OJK C.5]
54		 Laporan Manajemen                                      106   Struktur Organisasi
		   Management Report                                            Organizational Structure
                                                            108   Profil Dewan Komisaris
56   Laporan Dewan Komisaris                                      Board of Commissioners’ Profile
     Report of the Board of Commissioners
                                                            113   Profil Direksi
66   Laporan Direksi                                              Board of Directors Profile
     Report of The Board of Directors
                                                            119   Perubahan Anggota Manajemen Setelah Tahun Buku
                                                                  2025
                                                                  Changes in Management Members After Fiscal Year
                                                                  2025




28     PT Bank Raya Indonesia Tbk
Page 29
      Analisis dan Pembahasan Manajemen        Tata Kelola Perusahaan             Laporan Keberlanjutan                Laporan Keuangan Audit
      Management Discussion and Analysis       Good Corporate Governance          Sustainability Report                Audited Financial Report




119   Profil Pejabat Eksekutif                                       198   Tinjauan Keuangan
      Profile of Executive Officers                                        Financial Overview
136   Demografi Karyawan                                             222   Rasio Keuangan
      Employee Demographics [GRI 2-7, 2-8][OJK C.3]                        Financial Ratio
138   Komposisi Pemegang Saham                                       224 Suku Bunga Dasar Kredit
      Shareholders Composition [OJK C.3]                                   Prime Lending Rate
141   Struktur Grup Perusahaan                                       227   Komitmen dan Kontijensi
      Group Structure of The Company                                       Commitments and Contingencies
142   Entitas Anak, Entitas Asosiasi, dan Ventura Bersama            228 Transaksi Spot dan Derivatif
      Subsidiaries, Associates, and Joint Ventures                         Spot and Derivative Transactions
143   Kronologis Penerbitan Saham dan Penerbitan Efek                228 Informasi Keuangan Material Lainnya
      Lainnya                                                              Other Material Financial Information
      Chronology of Share Issuance and Other Securities
                                                                           228 Kemampuan Membayar Utang
      Issuance
                                                                                 Debt Service Ability
147   Lembaga dan Profesi Penunjang Pasar Modal
                                                                           229   Tingkat Kolektibilitas Kredit dan Analisis
      Capital Market Supporting Institutions and
      Professionals                                                              Kualitas Aset Produktif
                                                                                 Receivables Turnover Ratio and Earning Assets
148   Informasi pada Situs Web Perusahaan                                        Quality Analysis
      Information on The Company Website
                                                                     230 Perjanjian Signifikan
                                                                           Significant Agreements
                                                                     231   Struktur Permodalan dan Kebijakan Manajemen Atas
150 Tinjauan Pendukung Bisnis                                              Struktur Modal
		Overview of Business Support Units                                       Capital Structure and Management Policy on Capital
                                                                           Structure
152   Sumber Daya Manusia                                            234 Ikatan Material untuk Investasi Barang Modal
      Human Capital                                                        Material Commitment for Capital Goods Investment
165   Teknologi Informasi                                            234 Properti Investasi
      Information Technology                                               Investment Property
                                                                     234 Investasi Barang Modal yang Direalisasikan Tahun Buku
                                                                         Terakhir
                                                                           Capital Goods Investment Realized in The Last Fiscal
172 Analisis dan Pembahasan Manajemen                                      Year
		Management Discussion and Analysis                                 235   Kebijakan dan Pembagian Dividen
                                                                           Dividend Policy and Distribution
174   Tinjauan Perekonomian
                                                                     236   Realisasi Penggunaan Dana Hasil Penawaran Umum
      Economic Overview
                                                                           Realization of The Use of Proceeds from Public
178   Tinjauan Industri Perbankan                                          Offering
      Banking Industry Overview
                                                                     236   Aspek Perpajakan
180   Tinjauan Sektor UMKM                                                 Tax Aspect
      MSME Sector Overview
                                                                     237   Informasi dan Fakta Material yang Terjadi Setelah Tanggal
183   Tinjauan Ekonomi Digital dan Layanan Keuangan Digital                Laporan Akuntan
      Indonesia                                                            Information and Material Facts that Occurred After the
      Indonesian Digital Economy and Digital Financial                     Date of the Accountant's Report
      Services Overview
                                                                     237   Informasi Material Mengenai Investasi, Ekspansi, Divestasi,
185   Kebijakan Strategis Tahun 2025                                       Penggabungan/Peleburan Usaha, Akuisisi, Restrukturisasi
      Strategic Policies in 2025                                           Utang/Modal
187   Aspek Pemasaran                                                      Material Information Regarding Investment,
      Marketing Aspect                                                     Expansion, Divestment, Business Merger/
                                                                           Consolidation, Acquisition, Debt/Capital Restructuring
190   Tinjauan Operasi per Segmen Usaha
      Operational Overview by Business Segment                       238 Informasi Keuangan yang Mengandung Kejadian Bersifat
                                                                         Luar Biasa dan Jarang Terjadi
196   Perbankan Digital                                                    Financial Information Containing Extraordinary and
      Digital Banking                                                      Rare Events
197   Tinjauan Operasi per Segmen Geografis                          238 Informasi Transaksi Material yang Mengandung Benturan
      Operational Overview by Geographic Segment                         Kepentingan dan/atau Transaksi Dengan Pihak Afiliasi
                                                                           Information on Material Transactions That Contain
                                                                           Conflicts of Interest and/or Transactions with Affiliated
                                                                           Parties




                                                                            Laporan Tahunan & Laporan Keberlanjutan
                                                                                     Annual Report & Sustainability Report   2025           29
Page 30
       Ikhtisar Kinerja                 Laporan Manajemen        Profil Perusahaan            Tinjauan Pendukung Bisnis
       Performance Highlights           Management Report        Company Profile              Overview of Business Support Units




241   Perubahan Peraturan Perundang-Undangan yang                 344 Pengungkapan Hubungan Afiliasi Antara Direksi,
      Berpengaruh Signifikan Terhadap Perusahaan                        Dewan Komisaris, dan Pemegang Saham Utama
      Amendments to Laws and Regulations that                           dan/atau Pengendali
      Significantly Affect The Company                                  Disclosure of Affiliate Relationships Amongthe
244 Perbandingan Target dan Realisasi 2025 Serta Proyeksi               Board of Directors, Board of Commissioners, and
    2026                                                                Major and/or Controlling Shareholders
      Comparison of 2025 Target and Realization and 2026          345 Pengungkapan Rangkap Jabatan Dewan
      Projection                                                        Komisaris dan Direksi
246 Prospek Usaha                                                       Disclosure of Concurrent Positions of the Board
      Business Outlook                                                  of Commissioners and Board of Directors
247 Informasi Kelangsungan Usaha                                  346 Pengungkapan Kepemilikan Saham Dewan
      Information on Business Continuity                                Komisaris dan Direksi
                                                                        Disclosure of Share Ownership of The Board of
                                                                        Commissioners and Board of Directors
                                                                  347 Rapat Gabungan
276 Tata Kelola Perusahaan                                              Joint Meetings
		Good Corporate Governance                                       350 Penilaian Kinerja Dewan Komisaris dan Direksi
                                                                        Performance Assessment of The Board of
278 Komitmen dan Tujuan Penerapan Tata Kelola Perusahaan
                                                                        Commissioners and Board of Directors
    yang Baik
      Commitment and Objectives of Good Corporate                 353   Remunerasi Dewan Komisaris dan Direksi
      Governance Implementation                                         Remuneration of The Board of Commissioners
                                                                        and Board of Directors
279 Dasar Hukum Penerapan Tata Kelola
      Legal Basis of Governance Implementation               358 Organ Pendukung Dewan Komisaris
                                                                  Supporting Organs of The Board of Commissioners
281   Roadmap Tata Kelola
      Governance Roadmap                                          359   Komite Audit
282 Penerapan Prinsip-Prinsip GCG dan Implementasi GCG
                                                                        Audit Committee
    Perusahaan                                                    367 Komite Remunerasi dan Nominasi
      Implementation of GCG Principles and                              Remuneration and Nomination Committee
      Implementation of GCG in The Company
                                                                  376   Komite Pemantau Risiko
285 Struktur dan Kerangka Tata Kelola                                   Risk Monitoring Committee
      Governance Framework and Structure
                                                             386 Organ Pendukung Direksi
287 Rapat Umum Pemegang Saham (RUPS)                              Supporting Organs of the Board of Directors
      General Meeting of Shareholders (GMS)
                                                                  386 Komite Manajemen Risiko
306 Dewan Komisaris                                                     Risk Management Committee
      Board of Commissioners
                                                                  390 Asset and Liability Committee (ALCO)
321   Direksi                                                           Asset and Liability Committee (ALCO)
      Board of Directors
                                                                  393   Komite Kebijakan Perkreditan
339   Transparansi Informasi Terkait Dewan Komisaris dan
                                                                        Credit Policy Committee
      Direksi
      Transparency of Information Related to the Board of         395   Komite Pengarah Teknologi Sistem Informasi
      Commissioners and the Board of Directors                          Information System Technology Steering
                                                                        Committee
      339   Kriteria, Seleksi dan Nominasi Serta Masa
            Jabatan Dewan Komisaris dan Direksi                   397 Komite Kredit
            Criteria, Selection and Nomination and Term of              Credit Committee
            Office of The Board of Commissioners and Board
                                                                  400 Komite Produk
            of Directors
                                                                        Product Committee
      341   Hubungan Kerja Dewan Komisaris dan Direksi       404 Sekretaris Perusahaan
            Work Relationship Between the Board of                Corporate Secretary
            Commissioners and Board of Directors
                                                                  406 Investor Relation
      342 Keberagaman Komposisi Dewan Komisaris dan                     Investor Relation
            Direksi
            Composition Diversity of The Board of
            Commissioners and Board of Directors




30      PT Bank Raya Indonesia Tbk
Page 31
      Analisis dan Pembahasan Manajemen      Tata Kelola Perusahaan             Laporan Keberlanjutan                Laporan Keuangan Audit
      Management Discussion and Analysis     Good Corporate Governance          Sustainability Report                Audited Financial Report




408 Divisi Internal Audit (IAU)
      Internal Audit Unit(IAU)                                     512 Laporan Keberlanjutan
416   Fungsi Kepatuhan                                             		  Sustainability Report
      Compliance Function
421   Satuan Kerja Manajemen Risiko                                514   Penjelasan Direksi
      Risk Management Unit                                               Board of Directors’ Statement [OJK D.1]

436 Sistem Pengendalian Internal                                   518   Tentang Laporan Keberlanjutan
      Internal Control System                                            About the Sustainability Report
                                                                   524 Ikhtisar Keberlanjutan
      439 Laporan Pengendalian Internal Dalam Proses
                                                                         Sustainability Highlights
           Pelaporan Keuangan
           Internal Control Report in the Financial                525   Strategi Keberlanjutan
           Reporting Process                                             Sustainability Strategy [OJK A.1][GRI 2-22]
      440 Pernyataan Direksi atas Kecukupan dan                    537   Tata Kelola Berkelanjutan
           Efektivitas Sistem Pengendalian Internal atas                 Sustainable Governance
           Pelaporan Keuangan Bank                                 547 Aspek Ekonomi
           Board of Directors' Statement on the Adequacy                 Economic Aspect
           and Effectiveness of the Bank's Internal Control
           System for Financial Reporting                          556   Aspek Lingkungan
                                                                         Environmental Aspect
441   Akuntan Publik
      Public Accountant                                            563   Aspek Sosial
                                                                         Social Aspect
443 Kode Etik
      Code Of Conduct                                              572   Membangun Loyalitas Nasabah
                                                                         Building Customer Loyalty
447 Sistem Pelaporan Pelanggaran
      Whistleblowing System [GRI 2-26]                             578 Lembar Umpan Balik
                                                                         Feedback Form [OJK G.2]
452 Akses Informasi dan Data Perusahaan
      Access to Company Information and Data                       580 Tanggapan Terhadap Umpan Balik Laporan Keberlanjutan
                                                                       Tahun Sebelumnya
462 Program Anti Pencucian Uang (APU), Pencegahan                        Responses to The Feedback of Previous Year Report
    Pendanaan Terorisme (PPT) dan Pencegahan Pendanaan                   [OJK G.3]
    Proliferasi Senjata Pemusnah Massal (PPPSPM)
      Program of Anti-Money Laundering (AML), Counter-             580 Daftar Pengungkapan Sesuai POJK Nomor 51/
      Terrorist Financing (CTF) and Counter-Proliferation              POJK.03/2017
      Financing of Weapons of Mass Destruction (CPF)                     List of Disclosures in Accordance with POJK Number
                                                                         51/POJK.03/2017 [OJK G.4]
466 Pengelolaan Laporan Harta Kekayaan Penyelenggara
    Negara (LHKPN)                                                 583 Index GRI SR 2025
      Management of State Official Wealth Report (LHKPN)                 GRI SR Index 2025
467 Perkara Hukum dan Sanksi Administratif
      Legal Cases and Administrative Sanctions [GRI 2-27]
468 Penerapan Tata Kelola Perusahaan yang Baik Lainnya             588 Laporan Keuangan
      Other Implementation of Good Corporate Governance            		Audited Financial Report
474 Kebijakan Pendukung Penerapan Tata Kelola Perusahaan
    yang Baik Lainnya
      Other Supporting Policies on The Implementation of
      Good Corporate Governance
483 Pedoman Umum Governansi Korporat Indonesia (PUGKI)
      General Guidelines For Indonesian Corporate
      Governance (PUGKI)
497 Penerapan Asean Corporate Governance Scorecards
      Implementation of Asean Corporate Governance
      Scorecards




                                                                          Laporan Tahunan & Laporan Keberlanjutan
                                                                                   Annual Report & Sustainability Report   2025           31
Page 32
     Ikhtisar Kinerja              Laporan Manajemen    Profil Perusahaan   Tinjauan Pendukung Bisnis
     Performance Highlights        Management Report    Company Profile     Overview of Business Support Units




                                                       IKHTISAR
                                                        KINERJA
                                            Performance Highlights
32    PT Bank Raya Indonesia Tbk
Page 33
Analisis dan Pembahasan Manajemen    Tata Kelola Perusahaan            Laporan Keberlanjutan                Laporan Keuangan Audit
Management Discussion and Analysis   Good Corporate Governance         Sustainability Report                Audited Financial Report




                                                                 Laporan Tahunan & Laporan Keberlanjutan
                                                                          Annual Report & Sustainability Report   2025           33
Page 34
         Ikhtisar Kinerja                           Laporan Manajemen                  Profil Perusahaan                      Tinjauan Pendukung Bisnis
         Performance Highlights                     Management Report                  Company Profile                        Overview of Business Support Units




Ikhtisar Keuangan
Financial Highlights


Laporan Posisi Keuangan
Statement of Financial Position

                                                                                                (Dinyatakan dalam jutaan Rupiah | Expressed in millions of Rupiah)

                                    Uraian
                                                                         2025                 2024              2023                2022              2021
                                  Description

ASET
ASSETS
Kas                                                                          9.227               15.976            10.773              11.262            15.239
Cash

Giro pada Bank Indonesia                                                   677.613              491.827           520.384             973.165           557.507
Current accounts with Bank Indonesia

Giro pada Bank Lain - Gross                                                507.429              228.493           147.095             193.209           192.795
Current accounts with other banks – Gross
Cadangan kerugian penurunan nilai                                               (31)                 (16)              (30)                (54)           (137)
Allowance for impairment losses

Giro pada Bank Lain - Net                                                  507.398              228.477           147.065             193.155           192.658
Current accounts with other banks - Net
Penempatan pada Bank Indonesia dan bank lain - Net                                 -            949.861           444.935             952.737         1.374.727
Placement with Bank Indonesia and other banks - Net

Efek-efek - Gross                                                        5.068.330            4.460.715         4.376.935           4.363.632         3.495.512
Securities - Gross
Cadangan kerugian penurunan nilai                                               (99)              (112)              (619)              (555)            (3.654)
Allowance for impairment losses
Efek-efek - Net                                                          5.068.231            4.460.603         4.376.316           4.363.077         3.491.858
Securities - Net
Efek-efek yang dibeli dengan janji dijual kembali                                  -            197.809           245.056                     -         650.378
Securities purchased under agreement to resell
Tagihan akseptasi                                                                  -                    -                 -            70.795            92.449
Acceptance receivables
Kredit yang diberikan - Gross                                            7.715.323            7.125.951         6.893.331           7.766.644        11.608.327
Loans - Gross
Cadangan kerugian penurunan nilai                                       (1.442.219)          (1.046.214)        (898.661)          (1.321.540)       (1.875.402)
Allowance for impairment losses
Kredit yang diberikan - Net                                              6.273.104            6.079.737         5.994.670           6.445.104         9.732.925
Loans - Net
Penyertaan saham                                                                 78                   78                78                  78               78
Investment in Shares of Stocks
Aset tetap - neto                                                          324.243              355.871           385.290             456.429           284.370
Premises and equipment - Net
Aset tak berwujud-neto                                                      89.785               61.989            45.923              16.322             5.756
Intangible assets - net
Aset pajak tangguhan                                                               -            179.935           181.076             287.082           371.739
Deferred tax asset
Agunan yang diambil alih-Gross                                               6.044                6.044             6.044               6.044             6.044
Foreclosed collaterals - Gross
Cadangan kerugian penurunan nilai                                           (1.207)              (1.207)           (1.207)             (1.207)           (1.613)
Allowance for impairment losses
Agunan yang diambil alih-Net                                                 4.837                4.837             4.837               4.837             4.431
Foreclosed collaterals - Net
Biaya dibayar dimuka dan aset lain-lain                                    132.593              101.920            84.239             124.732            92.410
Prepaid expenses and other assets

Jumlah Aset                                                             13.087.109           13.128.920        12.440.642          13.898.775        16.866.523
Total Assets




34        PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                     Tata Kelola Perusahaan                 Laporan Keberlanjutan                  Laporan Keuangan Audit
       Management Discussion and Analysis                    Good Corporate Governance              Sustainability Report                  Audited Financial Report




                                                                                                    (Dinyatakan dalam jutaan Rupiah | Expressed in millions of Rupiah)

                                      Uraian
                                                                                 2025             2024               2023               2022              2021
                                    Description

LIABILITAS DAN EKUITAS
LIABILITIES AND EQUITY
Liabilitas segera                                                                   21.427           23.642             28.928             16.721             9.926
Liabilities due immediately
Simpanan nasabah                                                                 9.544.986        8.133.053          8.133.053          9.814.901       22.995.279
Deposits from customers
Simpanan dari bank lain                                                            192.006          867.000            452.204              2.004          301.307
Deposits from other banks
Efek-efek yang dijual dengan janji dibeli kembali                                         -         290.683                   -           273.752                  -
Securities sold under agreement to repurchase
Utang pajak                                                                         10.084            9.917              6.278              7.440            12.652
Taxes payable
Pinjaman yang diterima                                                              12.557           13.622             14.636             15.600            16.517
Fund borrowings
Estimasi Kerugian Komitmen & Kontinjensi                                             1.262            1.040              3.149              2.812            28.248
Estimated losses on commitment & contingencies

Liabilitas Imbalan kerja                                                           112.567          100.635             88.742             72.016            60.062
Liabilities for employee benefits
Liabilitas lain-lain                                                               180.884          235.964            240.480            304.441          483.855
Other liabilities
Total Liabilitas                                                                10.075.773        9.675.556          9.020.392         10.509.687       14.408.859
Total Liabilities
Modal ditempatkan dan disetor penuh                                              2.474.049        2.474.049          2.474.049          2.474.011         2.274.653
Issued and fully paid capital
Tambahan modal disetor                                                           3.735.117        3.735.117          3.735.116          3.734.973         2.943.714
Additional paid-in capital
Modal saham diperoleh kembali (saham treasuri)                                    (15.590)           (5.971)
Reacquired share capital (Treasury stock)
Opsi saham                                                                                -                -                  -                  58              82
Shares option
Keuntungan (kerugian) yang belum direalisasi atas efek-efek yang tersedia           39.460          (22.439)            (9.627)           (14.582)           54.066
untuk dijual – setelah pajak tangguhan
Unrealized gain (loss) on securities available for sale – net of deferred tax
Cadangan Kerugian Penurunan Nilai atas efek-efek yang diukur pada nilai                 182              249                326                  609             87
wajar melalui penghasilan komprehensif lainnya-setelah pajak tangguhan
Allowance for impairment losses on securities measured at fair value through
other comprehensive income – net of deferred tax
Pengukuran kembali program imbalan pasti setelah pajak tangguhan                     1.362           (3.010)            (4.091)            (6.107)           (3.603)
Remeasurement of defined benefit plan – net of deferred tax
Saldo laba                                                                      (3.223.244)      (2.724.631)        (2.775.523)        (2.799.874)      (2.811.335)
Retained earnings
Total Ekuitas                                                                    3.011.336        3.453.364          3.420.250          3.389.088         2.457.663
Total Equity
Total Liabilitas dan Ekuitas                                                    13.087.109       13.128.920         12.440.642         13.898.775        16.866.523
Total Liabilities and Equity




                                                                                              Laporan Tahunan & Laporan Keberlanjutan
                                                                                                         Annual Report & Sustainability Report     2025          35
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       Ikhtisar Kinerja                               Laporan Manajemen                Profil Perusahaan                     Tinjauan Pendukung Bisnis
       Performance Highlights                         Management Report                Company Profile                       Overview of Business Support Units




Laporan Laba Rugi dan Penghasilan Komprehensif Lain
Statement of Profit or Loss and Other Comprehensive Income

                                                                                                (Dinyatakan dalam jutaan Rupiah | Expressed in millions of Rupiah)

                                   Uraian
                                                                          2025                2024              2023               2022               2021
                                 Description

Pendapatan bunga                                                          1.190.262          1.045.261           890.959          1.029.970          1.647.185
Interest income
Beban bunga                                                               (493.917)          (473.292)         (403.130)          (369.534)          (773.616)
Interest expense
Pendapatan bunga – neto                                                    696.345             571.969           487.829            660.436           873.569
Interest income - net
Jumlah pendapatan operasional lainnya                                      167.231             529.961           413.566            615.831           110.755
Total other operating income
Penyisihan kerugian penurunan nilai                                       (553.613)          (410.261)         (156.401)          (581.058)        (3.885.062)
Provision for impairment loses
Beban Operasional                                                         (638.802)          (639.293)         (621.002)          (585.519)          (402.737)
Operating expenses
(Rugi) Laba Operasional                                                   (328.839)             52.376           123.992            109.690        (3.303.476)
Operating (loss) income
Pendapatan non operasional – neto                                            7.122               2.966             4.399              6.497                345
Non-operating income - net
(Rugi) Laba Sebelum Pajak                                                 (321.717)             55.342           128.391            116.187        (3.303.131)
(Loss) income before tax
Beban pajak                                                               (176.896)             (4.450)        (104.040)          (104.726)           257.430
Tax expense
(Rugi) laba tahun berjalan                                                (498.613)             50.892            24.351             11.461        (3.045.701)
(Loss) income for the year
Penghasilan (rugi) komprehensif lain tahun berjalan setelah pajak           66.204            (11.807)             6.688            (70.631)          (24.231)
Other comprehensive income (loss) for the year after tax
Total (rugi) penghasilan komprehensif tahun berjalan                      (432.409)             39.085            31.039            (59.170)       (3.069.932)
Total conprehensive (loss) income for the year
(Rugi) laba tahun berjalan per saham
(loss) earnings per share
     Dasar (dalam Rupiah penuh)                                             (20,20)               2,06               0,98              0,50           (141,52)
     Basic (in full Rupiah)
     Dilusian (dalam Rupiah penuh)                                          (20,20)               2,06               0,98              0,50           (141,52)
     Diluted (in full Rupiah)




Laporan Arus Kas
Statement of Cashflows

                                                                                                (Dinyatakan dalam jutaan Rupiah | Expressed in millions of Rupiah)

                                   Uraian
                                                                          2025                2024              2023               2022               2021
                                 Description

Kas Neto Diperoleh dari (Digunakan untuk) Aktivitas Operasi                 391.046             497.247          (884.957)            95.168        (1.139.642)
Net cash provided by (used in) Operating Activities

Kas Neto Diperoleh dari (Digunakan untuk) Aktivitas Investasi              (559.722)          (179.580)           157.623         (1.126.093)         (578.147)
Net cash provided by (used in) Investing Activities
Kas Neto Diperoleh dari (Digunakan untuk) Aktivitas Pendanaan              (323.212)            245.302          (279.851)         1.021.031          1.238.749
Net cash provided by (used in) Financing Activities

Kenaikan (Penurunan) Neto Kas dan Setara Kas                               (491.888)            562.969        (1.007.185)            (9.894)         (479.040)
Net increase (decrease) in cash and Cash Equivalents
Kas dan Setara Kas Awal Tahun                                              1.686.157          1.123.188         2.130.373          2.140.267          2.619.308
Cash and Cash Equivalents at Beginning of Year
Kas dan Setara Kas Akhir Tahun                                             1.194.269          1.686.157         1.123.188          2.130.373          2.140.268
Cash and Cash Equivalents at End of Year




36       PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                    Tata Kelola Perusahaan              Laporan Keberlanjutan                  Laporan Keuangan Audit
       Management Discussion and Analysis                   Good Corporate Governance           Sustainability Report                  Audited Financial Report




Rasio Keuangan
Financial Ratios
                                    Uraian
                                                                               2025           2024               2023               2022             2021
                                  Description

Modal
Capital
Kewajiban Penyediaan Modal Minimum (KPMM)                                       40,25%          44,29%             43,84%             43,74%           20,24%
Capital Adequacy Ratio (CAR)
KPMM Modal Inti                                                                 39,30%          43,46%             42,98%             42,77%           19,53%
Core Capital (Tier 1) CAR
KPMM Modal Pelengkap                                                             0,95%           0,83%              0,85%              0,97%            0,70%
Supplementary Capital (Tier 2) CAR
Aset Produktif
Earning Assets
Aset Produktif Bermasalah dan Aset Non-Produktif Bermasalah terhadap Total       8,11%           1,94%              2,62%              1,76%            2,78%
Aset Produktif dan Aset Non-Produktif
Non-Performing Earning Assets and Non-Performing Non-Earning Assets to
Total Earning Assets and Non- Earning Assets
Aset Produktif Bermasalah terhadap Total Aktiva Produktif                        8,14%           1,91%              2,60%              1,82%            2,88%
Non-performing Earning Assets to Total Earning Assets

Cadangan Kerugian Penurunan Nilai Aset Keuangan Terhadap Aset Produktif         10,85%           8,71%              7,71%             10,67%           11,72%
Allowance for Impairment Losses on Financial Assets to Earning Assets
Rasio Kredit Bermasalah (NPL) – Bruto                                           14,02%           3,22%              4,40%              2,90%            3,98%
Non-Performing Loan (NPL) - Gross
Rasio Kredit Bermasalah (NPL) – Neto                                             1,22%           1,20%              1,51%              0,54%            0,04%
Non-Performing Loan (NPL) - Net

Rentabilitas
Profitability
Imbal Hasil Aktiva (ROA) sebelum Pajak                                          (2,42%)          0,44%              1,05%              0,85%         (14,75%)
Return on Assets (ROA) before Tax
Imbal Hasil Aktiva (ROA) setelah pajak                                          (3,75%)          0,40%              0,20%              0,08%        (113,60%)
Return on Assets (ROA) after Tax
Imbal Hasil Ekuitas (ROE) sebelum Pajak                                         (9,94%)          1,73%              4,03%              5,34%         (95,44%)
Return on Equity (ROE) before Tax
Imbal Hasil Ekuitas (ROE) setelah pajak                                        (15,40%)          1,59%              0,77%              0,53%        (103,51%)
Return on Equity (ROE) after Tax
Marjin Bunga Bersih (NIM)                                                        5,08%           4,44%              3,91%              4,56%            3,87%
Net Interest Margin (NIM)
Beban Operasional terhadap Penghasilan Operasional (BOPO)                      124,22%          96,68%             90,51%             93,34%          287,86%
Operating Expenses to Operating Income (BOPO)
Cost to Income Ratio (CIR)                                                      73,97%          58,02%             68,97%             45,85%           42,93%

Likuiditas
Liquidity
Loan to Deposit Ratio (LDR)                                                     80,83%          87,62%             84,21%             79,13%           86,01%
Rasio Intermediary Makroprudential (RIM)                                        84,41%          87,41%             88,73%             80,46%           94,95%
Liquidity Coverage Ratio (LCR)                                                 479,93%         398,23%           229,85%                     -              -
Net Stable Funding Ratio (NSFR)                                                171,98%         160,27%           134,74%                     -              -
Komposisi Dana Murah                                                            33,62%          27,50%             27,32%             31,63%           37,59%
Low-Cost Funds Composition

Kepatuhan
Compliance
Persentase Pelanggaran BMPK
Percentage of LLL Violations
a.1. Pihak Terkait                                                               0,00%           0,00%              0,00%              0,00%            0,00%
     Related Party

a.2. Pihak Tidak Terkait                                                         0,00%           0,00%              0,00%              0,00%            0,00%
     Non-Related Party
Persentase Pelampauan BMPK
Percentage of LLL Exceedance
b.1. Pihak Terkait                                                               0,00%           0,00%              0,00%              0,00%            0,00%
     Related Party




                                                                                          Laporan Tahunan & Laporan Keberlanjutan
                                                                                                     Annual Report & Sustainability Report   2025           37
Page 38
         Ikhtisar Kinerja                          Laporan Manajemen                  Profil Perusahaan                   Tinjauan Pendukung Bisnis
         Performance Highlights                    Management Report                  Company Profile                     Overview of Business Support Units




                                     Uraian
                                                                        2025                 2024           2023                2022              2021
                                   Description

b.2. Pihak Tidak Terkait                                                  0,00%                 0,00%         0,00%                0,00%             2,70%
     Non-Related Party

GWM Utama Rupiah                                                          5,95%                 6,64%         9,07%                9,84%             3,70%
Primary GWM for Rupiah
Harian                                                                    0,00%                 0,00%         0,00%                0,00%             0,50%
Daily
Rata-Rata                                                                 5,95%                 6,64%         9,07%                9,84%             3,20%
Average

GWM Valuta Asing                                                          2,00%                 2,00%         2,00%                2,00%             2,00%
Foreign Currency GWM
Posisi Devisa Neto (PDN) secara keseluruhan                               0,03%                 0,02%         0,12%                0,93%             0,32%
Overall Net Open Position (NOP)




Ikhtisar Operasional
Operational Highlights

                                     Uraian
                                                                        2025                 2024           2023                2022              2021
                                   Description

Operasional Non-Digital
Non-Digital Operational
Kantor Pusat Non Operasional                                                    1                     1              1                   1                 1
Non-Operational Head Office
Kantor Cabang                                                                     -                   -*             4                   9                10
Branch Office
Community Branch                                                               23                    23             13                  10                 2
Kantor Cabang Pembantu                                                            -                   -*             6                  11                15
Sub-Branch Office
Kantor Kas                                                                      2                     2              2                   2                 3
Cash Office

E-Buzz                                                                          1                     1              1                   1                 1
Layanan Perbankan Digital
Digital Banking Services
Nilai Transaksi (RpTriliun) - Digital                                          5,1                  4,11           2,80                1,23              0,19
Transaction Value (Rp Trillion) - Digital
Jumlah Transaksi - Digital                                              4.768.955            3.651.761      1.224.695            671.0354                  0
Total Transaction - Digital
Penyaluran kredit digital (RpJuta)                                     28.759.521           20.576.000     10.891.000           5.637.010           188.030
Digital loan disbursement (RpMillion)
Outstanding kredit digital (RpJuta)                                     3.066.598            2.290.476      1.261.387             921.983           489.152
Outstanding digital credit (RpMillion)
Tabungan digital (RpJuta)                                               2.198.355            1.318.967       839.251              616.067                    -
Digital Savings (RpMillion)
Outstanding kredit digital UMKM (RpJuta)                                2.002.550            1.414.949       905.777              590.356           273.935
Outstanding digital credit for MSMEs (RpMillion)




38        PT Bank Raya Indonesia Tbk
Page 39
        Analisis dan Pembahasan Manajemen                              Tata Kelola Perusahaan                         Laporan Keberlanjutan                       Laporan Keuangan Audit
        Management Discussion and Analysis                             Good Corporate Governance                      Sustainability Report                       Audited Financial Report




 Jumlah Unduhan Aplikasi Raya                                                                       Penyaluran kredit digital (RpJuta)
 Number of Aplikasi Raya Downloads                                                                  Digital loan disbursement (RpMillion)

      3.000.000                                                                                         30.000.000




                                                                                                                                                                                   28.759.521
      2.500.000                                                                                         25.000.000




                                                                            2.793.746
                                                           1.179.671
      2.000.000                                                                                         20.000.000
                                             861.295




                                                                                                                                                                   20.576.000
                                 597.768




      1.500.000                                                                                         15.000.000




                                                                                                                                       5.637.010
      1.000.000                                                                                         10.000.000
                    29.892




                                                                                                                                                     10.891.000
                                                                                                                        188.030
       500.000                                                                                           5.000.000




             0                                                                                                  0
                   2021         2022       2023           2024             2025                                        2021          2022           2023          2024            2025


 Tabungan digital (RpJuta)                                                                          Outstanding kredit digital UMKM (RpJuta)
 Digital Savings (RpMillion)                                                                        Outstanding digital credit for MSMEs (RpMillion)

      2.500.000                                                                                          2.500.000




      2.000.000                                                                                          2.000.000
                                                                            2.198.355




                                                                                                                                                                                   2.002.550
      1.500.000                                                                                          1.500.000




                                                                                                                                                                   1.414.949
      1.000.000                                                                                          1.000.000
                                                           1.318.967




                                                                                                                        273.935




                                                                                                                                                     905.777
                                             839.251




       500.000                                                                                            500.000
                                 616.067




                                                                                                                                       590.356




             0                                                                                                  0
                   2021         2022       2023           2024             2025                                        2021          2022           2023          2024            2025




Ikhtisar Organisasi
Organizational Highlights


                    Uraian
                                                         2025                             2024                       2023                          2022                           2021
                  Description

 Survei Kepuasan Nasabah*                                     4,65                           4,57                       4,42                           4,41                                     89
 Customer Satisfaction Survey*
 Akuisisi Agen BRILink (Ribu)                            48.988                           38.207                      27.838                        19.892                                 120
 BRILink Agent Acquisition (Thousand)
 Jumlah Unduhan Aplikasi Raya                          2.793.746                        1.179.671                    861.295                       597.768                        29.892
 Number of Aplikasi Raya Downloads

 Jumlah Pengguna Aplikasi Raya                         1.171.328                         977.026                     805.097                       667.501                         2.417
 Number of Aplikasi Raya Users


* Dalam skala 5,0 mulai tahun 2022 | On a scale of 5.0 starting from 2022




                                                                                                           Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                            Annual Report & Sustainability Report               2025                 39
Page 40
           Ikhtisar Kinerja                                      Laporan Manajemen                                    Profil Perusahaan                               Tinjauan Pendukung Bisnis
           Performance Highlights                                Management Report                                    Company Profile                                 Overview of Business Support Units




Ikhtisar Keberlanjutan
Sustainability Highlights

                                    Uraian                                                 Satuan
                                                                                                                           2025                           2024                                2023
                                  Description                                               Unit

 Aspek Ekonomi
 Economic Aspect
 Kredit yang Diberikan - Gross                                                     Rp juta                                 7.715.323                       7.125.951                              6.893.331
 Loans – Gross                                                                     Rp million
 [OJK B.1.a]
 Pendapatan Bunga                                                                                                          1.190.262                       1.045.261                                 890.959
 Interest Income
 [OJK B.1.b]
 Laba Bersih                                                                                                                (498.613)                          50.892                                 24.351
 Net Profit
 [OJK B.1.c]
 Pembayaran Pajak                                                                  Rp miliar                                       126                            121                                      98
 Tax Payment                                                                       Rp billion
 Produk Keuangan Berkelanjutan
 Sustainable Financial Product
 [OJK B.1.d]
        Jumlah Penyaluran Kredit pada Kegiatan Usaha yang                          Rp juta                                 3.664.014                       2.970.828                              2.691.645
        Memenuhi Kriteria Berkelanjutan                                            Rp million
        Total Lending to Business Activities that Meet Sustainability Criteria
 Jumlah Pemasok Lokal                                                              Perusahaan                                      104                            165                                    217
 Number of Local Supplier                                                          Company
 [OJK B.1.e]
 Aspek Lingkungan
 Environmental Aspect
 Penggunaan Energi
 Energy Consumption
 [B.2.a]
        Penggunaan BBM                                                             Liter                                       56.741                          30.087                                 42.401
        Fuel Consumption
        Penggunaan Listrik                                                         Kwh                                       748.156                       1.255.637                              1.148.917
        Electricity Consumption
        Penggunaan Air                                                             m3                                           5.599                           6.182                                  6.754
        Water Consumption
 Pengelolaan Emisi*
 Emission Management
 [OJK F.11, F.12]
        Emisi GRK Cakupan 1                                                        TonCo2eq                                     1.431                             0,07                                   0,11
        Scope 1 GHG Emissions
        Emisi GRK Cakupan 2                                                        TonCo2eq                                        655                          1.173                                  1.073
        Scope 2 GHG Emissions
        Emisi GRK Cakupan 3                                                        TonCo2eq                                1.220.213                              N/A                                    N/A
        Scope 3 GHG Emissions
        Jumlah Emisi GRK                                                           TonCo2eq                                1.222.298                            1.173                                  1.073
        Total GHG Emissions
 Penambahan (Pegurangan) Emisi GRK                                                 TonCo2eq                                  245.619                              100                                    208
 Addition (Reduction) GHG Emissions
 [OJK B.2.b]
 Jumlah Limbah                                                                     Ton                                            3,63                            3,72                                   4,19
 Total Waste
 Penambahan (Pegurangan) Jumlah Limbah                                             Ton                                          (0,09)                          (0,47)                                 (0,09)
 Addition (Reduction) Total Waste
 [OJK B.2.c]
 Pelestarian Keanekaragaman Hayati                                                 Program                      Sepanjang tahun 2025, Bank memperkuat komitmennya terhadap pelestarian lingkungan
 Biodiversity Preservation                                                         Program                      dan keanekaragaman hayati melalui pengelolaan area operasional yang bertanggung
 [OJK B.2.d]                                                                                                    jawab serta penerapan langkah pencegahan dampak pencemaran. Salah satu inisiatif
                                                                                                                nyata yang dilakukan adalah penanaman 3.500 pohon mangrove di kawasan Pantai
                                                                                                                Mangunharjo, Semarang, yang diresmikan pada 13 Juni 2025, sebagai upaya rehabilitasi
                                                                                                                ekosistem pesisir dan dukungan terhadap mitigasi perubahan iklim.

                                                                                                                Throughout 2025, the Bank strengthened its commitment to environmental protection
                                                                                                                and biodiversity conservation through responsible management of its operational areas
                                                                                                                and the implementation of measures to prevent pollution impacts. One of the tangible
                                                                                                                initiatives undertaken was the planting of 3,500 mangrove trees in the Mangunharjo
                                                                                                                coastal area, Semarang, inaugurated on June 13, 2025, as part of efforts to rehabilitate
                                                                                                                coastal ecosystems and support climate change mitigation.
 Aspek Sosial
 Social Aspect
 [OJK B.3]
 Jumlah Dana CSR                                                                   Rp juta                                         624                            752                                    365
 Total CSR Fund                                                                    Rp million
 Jumlah Karyawan                                                                   Orang                                           942                            883                                    927
 Number of Employees                                                               People
 Kepuasan Pelanggan                                                                Skala                                          4,65                            4,57                                   4,42
 Customer Satisfaction                                                             Scale

* Terdapat perbedaan metodologi penghitungan emisi GRK antara tahun 2025 dengan tahun sebelumnya. Pada tahun sebelumnya, penghitungan terbatas pada Cakupan 1 dan 2 menggunakan metode berbasis aktivitas,
  sedangkan pada tahun 2025 diperluas mencakup Cakupan 1, 2, dan 3 sesuai panduan OJK, termasuk emisi pembiayaan (financed emissions). Oleh karena itu, hasil emisi antar periode tidak sepenuhnya dapat dibandingkan
  secara langsung. Meskipun demikian, penghitungan emisi GRK keuangan pada tahun 2025 tetap menggunakan pendekatan sektor ekonomi prioritas sebagaimana tercantum dalam panduan CRMS OJK.
  There are differences in the GHG emission calculation methodology between 2025 and the previous year.In the previous year, the calculation was limited to Scopes 1 and 2 using the activity-based method, while
  in 2025 it was expanded to include Scopes 1, 2, and 3 in accordance with OJK guidelines, including financed emissions. Therefore, emission results between periods are not directly comparable. However, the
  calculation of financial GHG emissions in 2025 continues to use the priority economic sector approach as outlined in the OJK CRMS guidelines.


40          PT Bank Raya Indonesia Tbk
Page 41
        Analisis dan Pembahasan Manajemen            Tata Kelola Perusahaan                 Laporan Keberlanjutan                 Laporan Keuangan Audit
        Management Discussion and Analysis           Good Corporate Governance              Sustainability Report                 Audited Financial Report




Ikhtisar Saham
Share Highlights


Penawaran Umum Saham Bank
Public Offering of Bank Shares
Pada tanggal 21 Mei 2003, Bank Raya menyampaikan Pernyataan                 On May 21, 2003, the Bank Raya submitted its Public Company Registration
Pendaftaran Perusahaan Publik kepada Ketua Badan Pengawas Pasar             Statement to the Chairman of the Capital Market and Financial Institutions
Modal dan Lembaga Keuangan ("Bapepam-LK") di Jakarta. Berdasarkan           Supervisory Agency (“Bapepam- LK”) in Jakarta. Based on the Letter of the
Surat Ketua Bapepam-LK No. S-1565/PM/2003 tanggal 30 Juni 2003, Bank        Chairman of Bapepam-LK No. S-1565/PM/2003 dated June 30, 2003, the
dinyatakan efektif menjadi Perusahaan publik.                               Bank was declared effective as a public company.

Selanjutnya, Bank Raya mencatatkan saham perdananya sebanyak                Subsequently, Bank Raya listed its initial public offering of 1,529,336,690
1.529.336.690 lembar saham dengan nominal Rp100 (Rupiah penuh) per          shares with a nominal value of Rp100 (full Rupiah) per share on Indonesia
lembar saham di Bursa Efek Indonesia (dahulu Bursa Efek Surabaya) pada      Stock Exchange (formerly Surabaya Stock Exchange) on August 8, 2003,
tanggal 8 Agustus 2003, berdasarkan Surat Persetujuan Pencatatan Awal       pursuant to the Letter of Approval for Initial Listing of the Bank’s Shares No.
Saham Bank No. JKT-007/LIST/BES/VIII/2003 tanggal 7 Agustus 2003.           JKT-007/LIST/BES/VIII/2003 dated August 7, 2003.

Dalam perkembangan berikutnya. Bank Raya melakukan penawaran                In subsequent developments, Bank Raya conducted a limited public offering
umum terbatas saham Bank dimana informasi terkait hal dijelaskan lebih      of its shares, details of which are explained more comprehensively in the
lengkap di bab Profil Perusahaan bagian Kronologis Pencatatan Saham.        Company Profile chapter under the section on the Chronology of Share
Adapun pergerakan harga saham Bank dalam kurun waktu 2 (dua) tahun          Listings. The movement of the Bank’s share price over the last 2 (two) years
terakhir adalah sebagai berikut:                                            is as follows:


                                             Harga Saham
                                                                                                                                         Kapitalisasi Pasar
                                              Share Price                                                 Jumlah Saham Beredar
                                                                                 Volume Perdagangan                                          (Rp Juta)
          2025                                                                                              Total Outstanding
                                                                                    Trading Volume                                      Market Capitalization
                            Tertinggi         Terendah          Penutupan                                         Shares
                                                                                                                                            (Rp Million)
                             Highest           Lowest            Closing

 Triwulan I                    230                169               181                    8,851,000             24.740.494.294                4.478.029
 Quarter I
 Triwulan II                   234                166               202                    3,324,500             24.740.494.294                4.997.580
 Quarter II
 Triwulan III                  254                197               240                   10,661,800             24.740.494.294                5.937.719
 Quarter III
 Triwulan IV                   254                212               230                   25,380,600             24.740.494.294                5.690.314
 Quarter IV




                                             Harga Saham
                                              Share Price                                                                                Kapitalisasi Pasar
                                                                                                          Jumlah Saham Beredar
                                                                                 Volume Perdagangan                                          (Rp Juta)
          2024                                                                                              Total Outstanding
                                                                                    Trading Volume                                      Market Capitalization
                            Tertinggi         Terendah          Penutupan                                         Shares
                                                                                                                                            (Rp Million)
                             Highest           Lowest            Closing

 Triwulan I                    338                258               290                1.756.726.700             24.740.494.294                7.269.402
 Quarter I
 Triwulan II                   292                206               226                  864.498.500             24.740.494.294                5.665.120
 Quarter II
 Triwulan III                  300                210               268                2.244.207.500             24.740.494.294                6.717.930
 Quarter III
 Triwulan IV                   310                204               232                1.558.054.600             24.740.494.294                5.815.522
 Quarter IV




                                                                                    Laporan Tahunan & Laporan Keberlanjutan
                                                                                                Annual Report & Sustainability Report    2025              41
Page 42
        Ikhtisar Kinerja                       Laporan Manajemen                    Profil Perusahaan                   Tinjauan Pendukung Bisnis
        Performance Highlights                 Management Report                    Company Profile                     Overview of Business Support Units




Grafik Perdagangan Saham 2025
Share Trading Chart 2025


                                                                                                                                                    500




                                                                                                                                                    400




                                                                                                                                                          Harga Saham (Rp) | Stock Price (Rp)
                                                                                                                                                    300




                                                                                                                                                    200




                                                                                                                                                    100




                                                                                                                0
    0 25 025 025 025 025 025 025 025 025 025 025 025 025 025 025 025 025 025 025 025 025 025 025 025 025 025 ggal
  /2 /2 /2 /2 /2 /2 /2 /2 /2 /2 /2 /2 /2 /2 /2 /2 /2 /2 /2 /2 /2 /2 /2 /2 /2 /2 Tan ate
01 /01 /02 /02 /02 /03 /03 /04 /05 /05 /06 /06 /07 /07 /07 /08 /08 /09 /09 /10 /10 /10 /11 /11 /12 /12        D
  17 04 17 28 13 26 17 02 19 03 18 02 15 28 08 22 04 18 01 14 27 07 20 03 16

                                                         Volume | Volume                      Harga | Price




Suspensi Perdagangan Saham dan/atau Delisting
Share Trading Suspension and/or Delisting

Sebagai perusahaan publik, Bank Raya tidak pernah dikenakan sanksi            As a public company, Bank Raya has never been subject to any sanctions
perdagangan saham baik berupa penghentian sementara perdagangan               related to share trading, either in the form of a temporary suspension of
saham maupun penghapusan pencatatan saham. Sehubungan dengan                  share trading or delisting. Accordingly, Bank Raya does not present any
hal tersebut, Bank Raya tidak menyajikan informasi terkait hal tersebut di    information relating to such matters in this annual and sustainability report.
laporan tahunan dan keberlanjutan ini.




Aksi Korporasi
Corporate Action

Selama tahun 2025 Bank Raya Indonesia tidak melakukan aksi korporasi          During 2025, Bank Raya Indonesia did not undertake any corporate actions
seperti pemecahan saham, penggabungan saham, dividen saham, saham             such as stock split, reverse stock, share dividend, bonus share, or changes
bonus, dan perubahan nilai nominal saham. Oleh karena itu, Bank tidak         in the par value of shares. Therefore, the Bank does not present any
menyajikan informasi terkait aksi korporasi yang terjadi di sepanjang tahun   information relating to corporate actions carried out throughout 2025.
2025.

Namun demikian, Bank Raya telah melaksanakan dua program buyback              Nevertheless, Bank Raya conducted a share buyback in 2025 based on
saham pada tahun 2025 dengan nilai maksimal masing-masing sebesar             the resolution of Extraordinary General Meeting of Shareholders (EGMS)
Rp20 miliar. Program pertama berdasarkan keputusan Rapat Umum                 dated August 21, 2024. In subsequent development, in accordance with
Pemegang Saham Luar Biasa (RUPSLB) tanggal 21 Agustus 2024 dengan             the resolution of the 2025 Annual General Meeting of Shareholders (AGMS),
periode Oktober 2024 sampai dengan Mei 2025 kemudian Bank Raya                Bank Raya terminated the buyback program effective as of June 25, 2025.
melakukan pemberhentian program buyback terhitung tanggal 25 Juni
2025.

Bank Raya memulai kembali periode kedua berdasarkan keputusan RUPST           Bank Raya restarted the second period based on the decision of the AGMS
tanggal 25 Juni 2025 dengan periode selama maksimal 12 bulan yaitu,           on June 25, 2025 with a maximum period of 12 months, namely, starting
mulai dari Juni 2025 sampai dengan Juni 2026.                                 from June 2025 to June 2026.




42       PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen               Tata Kelola Perusahaan                  Laporan Keberlanjutan                  Laporan Keuangan Audit
       Management Discussion and Analysis              Good Corporate Governance               Sustainability Report                  Audited Financial Report




Secara kumulatif, pada tahun 2025 Bank Raya telah menyelesaikan                Cumulatively, in 2025, Bank Raya has completed the 2024 buyback program
Program buyback 2024 sebanyak 64.161.100 lembar saham dengan                   of 64,161,100 shares with a total value of Rp14.766.417.451 (including
jumlah nilai sebesar Rp14.766.417.451,- (termasuk biaya komisi perantara       securities brokerage commission fees and other costs).
perdagangan efek dan biaya lainnya).

Secara kumulatif, pada tahun 2025 Bank Raya telah menyelesaikan                Cumulatively, in 2025 Bank Raya has completed the 2025 buyback program
program buyback 2025 sebanyak 1.508.500 lembar saham dengan jumlah             of 1,508,500 shares with a total value of Rp1.748.056,851 (including securities
nilai sebesar Rp1.748.056,851 (termasuk biaya komisi perantara perdagangan     brokerage commission fees and other costs).
efek dan biaya lainnya).

Sehubungan dengan program buyback tersebut, Bank Raya menyatakan               In relation to the buyback program, Bank Raya stated that there was no
tidak terdapat dampak material terhadap kegiatan operasional, hukum,           material impact on its operational activities, legal matters, or financial
kondisi keuangan yang dapat mengganggu kelangsungan usaha Bank.                conditions that could adversely affect the Bank’s business continuity. Details
Adapun rincian program buyback selama tahun 2024 hingga 2025 disajikan         of the buyback program during the period 2024–2025 are presented in the
dalam tabel berikut ini:                                                       following table:

Program Buyback                                                                Buyback Program

                                                                                                    Harga Rata-Rata Pembelian          Persentase Realisasi
                               Tanggal Transaksi                        Jumlah Saham yang Dibeli               (Rp)                      Buyback Saham
  No
                                Transaction Date                       Number of Shares Purchased    Average Purchased Price        Percentage of Actual Share
                                                                                                               (Rp)                         Buyback

 1      Program Buyback 2024                                                  64.161.100                         217                         73,22%
        2024 Buyback Program

 2      Program Buyback 2025                                                  1.508.500                          230                          1,74%
        2025 Buyback Program




Informasi Efek Lainnya
Other Securities Highlights

Bank Raya tidak melakukan pencatatan obligasi, sukuk atau obligasi             Bank Raya did not list any bonds, sukuk, convertible bonds, or other securities
konversi, maupun pencatatan efek lainnya per 31 Desember 2025.                 as of December 31, 2025. Accordingly, information relating to the outstanding
Sehubungan dengan hal tersebut, informasi terkait jumlah obligasi/sukuk/       amount of bonds/sukuk/convertible bonds, interest or return rates, maturity
obligasi konversi yang beredar (outstanding), tingkat bunga/imbalan,           dates, and bond/sukuk ratings is not presented in this annual and sustainability
tanggal jatuh tempo, dan peringkat obligasi/sukuk tidak disajikan dalam        report.
laporan tahunan dan keberlanjutan ini.




                                                                                       Laporan Tahunan & Laporan Keberlanjutan
                                                                                                    Annual Report & Sustainability Report   2025           43
Page 44
         Ikhtisar Kinerja                              Laporan Manajemen                         Profil Perusahaan                       Tinjauan Pendukung Bisnis
         Performance Highlights                        Management Report                         Company Profile                         Overview of Business Support Units




Peristiwa Penting 2025
Important Events in 2025

             7 Januari 2025                                                                            14 - 15 Januari 2025
             January 7, 2025                                                                           January 14-15, 2025




Kerjasama dengan Perhutani                                                                Rakernas 2025
Collaboration with Perhutani                                                              2025 National Working Meeting

Bank raya bekerjasama dengan perhutani untuk penyediaan akses Digital Lending             Bank Raya menyelenggarakan Rakernas 2025 untuk bersinergi dan kolaborasi bersama
Pinang Flexi (value chain partnership) untuk membantu kebutuhan konsumtif Karyawan        Pemimpin Unit Kerja dan Manajemen, untuk menyamakan strategi dalam mencapai
Perum Perhutani.                                                                          visi misi dan komitmen Perusahaan.

Bank Raya collaborates with Perhutani to provide access to Pinang Flexi Digital Lending   Bank Raya held the 2025 National Working Meeting (Rakernas) to foster synergy and
(value chain partnership) to help the consumer needs of Perum Perhutani employees.        collaboration with Work Unit Leaders and Management, aligning strategies to achieve
                                                                                          the Company's vision, mission, and commitments.




             21 Januari 2025                                                                           30 Januari 2025
             January 21, 2025                                                                          January 30, 2025




Realisasi Buyback Saham Senilai 22 Juta Lembar Saham                                      Pengembangan QRIS Bisnis
hingga Desember 2024                                                                      Development of QRIS Business
Realization of Share Buyback Totalling 22 Million Shares as of
December 2024

Bank Raya melaporkan total pembelian kembali saham PT Bank Raya Indonesia Tbk             Pengembangan fitur QRIS bisnis di Aplikasi Raya, yang terintegrasi dengan saku bisnis
(AGRO) telah mencapai 22.817.600 (dua puluh dua juta delapan ratus tujuh belas ribu       semakin memudahkan pelaku usaha dalam menjalakan operasional usaha, kini dapat
enam ratus) lembar saham. Sesuai dengan keputusan RUPSLB Bank Raya pada tanggal           dilakukan pencairan dana secara real time di hari yang sama menjadi 4 (empat) batch
21 Agustus 2024, disetujui bahwa pembelian kembali saham Perseroan (Buyback) dengan       pencairan dalam sehari sehingga tidak membutuhkan waktu yang lama untuk menerima
nominal sebanyak-banyaknya Rp20 Miliar akan dilaksanakan selama 1 (satu) tahun sejak      dana dalam menjalankan operasional usaha.
disetujui oleh RUPS, atau periode buyback akan berakhir pada 21 Agustus 2025.

Bank Raya reported that the total number of shares buyback of PT Bank Raya Indonesia      The development of QRIS business feature in Raya Application, which is integrated
Tbk (AGRO) reached 22,817,600 (twenty-two million eight hundred seventeen thousand        with Saku Bisnis, further simplifies business operations. Fund disbursements can now be
six hundred) shares. In accordance with the resolution of Bank Raya’s EGMS held on        made in real time on the same day, allowing for 4 (four) disbursement batches per day,
August 21, 2024, it was approved that the Company’s share buyback with a maximum          reducing the time required to receive funds for business operations.
nominal value of Rp20 billion would be carried out for 1 (one) year from the date of
approval by the GMS, or that the buyback period will end on August 21, 2025.




44        PT Bank Raya Indonesia Tbk
Page 45
        Analisis dan Pembahasan Manajemen                        Tata Kelola Perusahaan                     Laporan Keberlanjutan                  Laporan Keuangan Audit
        Management Discussion and Analysis                       Good Corporate Governance                  Sustainability Report                  Audited Financial Report




             4 Februari 2025                                                                            24 Februari 2025
             February 4, 2025                                                                           February 24, 2025




Bank Raya Kerjasama dengan Mekari Talenta, Permudah                                        Bank Raya Jalin Kerjasama Value Chain Berbasis Digital
Jutaan Talenta Indonesia Akses Layanan Bank Digital                                        dengan APP Group
Bank Raya Collaborated with Mekari Talenta to Facilitate Millions                          Bank Raya Established a Digital-Based Value Chain Partnership
of Indonesian Talents to Access Digital Banking Services                                   with APP Group

Bank Raya menandatangani kerjasama dengan PT Mid Solusi Nusantara (Mekari) untuk           Bank Raya (AGRO) menandatangani kerjasama value chain berbasis digital bersama
penyediaan layanan digitalisasi payroll melalui aplikasi Bank Raya bagi pengguna           dengan PT APP Purinusa Ekapersada dan Entitas Anak (APP Group). Kerjasama ini
Platform Mekari Talenta. Sehingga dengan kerjasama ini, pengguna aplikasi Mekari           bertujuan untuk mendorong peningkatan kapasitas produksi bagi mitra-mitra PT APP
Talenta dapat memanfaatkan layanan perbankan digital Bank Raya untuk kebutuhan             Purinusa Ekapersada dan Entitas Anak (APP Group), agar dapat meningkatkan kualitas
transaksi keuangan mereka sehari-hari dengan lebih mudah.                                  produksi terbaik melalui pinjaman modal produktif berbasis invoice financing yaitu
                                                                                           produk digital Pinang Maksima.
Bank Raya had entered into a partnership with PT Mid Solusi Nusantara (Mekari) to
provide payroll digitalization services through the Bank Aplikasi Rayalication for users   Bank Raya (AGRO) had entered into a digital-based value chain partnership with PT
of the Mekari Talenta platform. Through this collaboration, Mekari Talenta application     APP Purinusa Ekapersada and its Subsidiaries (APP Group). This collaboration aims to
users can leverage Bank Raya’s digital banking services to meet their daily financial      encourage increased production capacity among the partners of PT APP Purinusa
transaction needs more easily.                                                             Ekapersada and its Subsidiaries (APP Group), enabling them to enhance the quality of
                                                                                           their production through productive working capital loans based on invoice financing,
                                                                                           namely the Pinang Maksima digital product.




             11 Maret 2025                                                                              14 Maret 2025
             March 11, 2025                                                                             March 14, 2025




Publikasi Kinerja Keuangan Tahunan 2024                                                    Fitur BRIFINE DPLK BRI Hadir di Aplikasi Raya
Publication of 2024 Annual Financial Performance                                           BRIFINE DPLK BRI Feature Available on the Aplikasi Raya

PT Bank Raya Indonesia Tbk (AGRO) dengan strategi bisnis yang konsisten untuk fokus        Kolaborasi Dana Pensiun Lembaga Keuangan (DPLK) BRI dan Bank Raya terkait
pada pertumbuhan bisnis digital dengan mengoptimalkan sinergi di dalam ekosistem           pengembangan fitur BRIFINE by DPLK BRI di Aplikasi Raya untuk memperluas akses
BRI Group, berhasil mencetak pertumbuhan kinerja gemilang selama tahun 2024. Bank          dan memperkuat penetrasi program pensiun iuran pasti ke kalangan generasi muda
Raya secara konsisten mencatatkan pertumbuhan bisnis yang berkualitas, tercermin           untuk merencanakan keuangan masa depan yang lebih baik.
dari pertumbuhan aset, penyaluran kredit maupun jumlah nasabah. sepanjang tahun
2024 Perseroan mampu membukukan pertumbuhan laba bersih sebesar 108,9% secara              The collaboration between BRI Financial Institution Pension Fund (DPLK BRI) and Bank
year on year (YoY) mencapai Rp50,89 miliar.                                                Raya on the development of the BRIFINE by DPLK BRI feature on the Aplikasi Raya
                                                                                           aimed at expanding access and strengthening the penetration of defined contribution
PT Bank Raya Indonesia Tbk (AGRO), with a consistent business strategy focused on          pension programs among younger generations to help them plan for a better financial
growing its digital business by optimizing synergies within the BRI Group ecosystem,       future.
successfully recorded outstanding performance growth throughout 2024. Bank Raya
consistently achieved high-quality business growth, as reflected in increases in assets,
loan disbursement, and the number of customers. Throughout 2024, the Company
recorded a 108.9% year-on-year (YoY) increase in net profit, reaching Rp50.89 billion.




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          Ikhtisar Kinerja                                Laporan Manajemen                          Profil Perusahaan                         Tinjauan Pendukung Bisnis
          Performance Highlights                          Management Report                          Company Profile                           Overview of Business Support Units




              18 Maret 2025                                                                                21 Maret 2025
              March 18, 2025                                                                               March 21 2025




Bank Raya Bersama Berbagi Bahagia BRI Group Salurkan                                          Fitur Baru Bayar Zakat Pakai Aplikasi Raya
Paket Sembako ke-11 Kota di Indonesia                                                         New Feature of Pay Zakat via the Aplikasi Raya
Bank Raya and Berbagi Bahagia BRI Group Distributed Basic
Necessities Packages to 11 Cities in Indonesia                                                Pengembangan fitur Zakat dan Donasi di Aplikasi Raya untuk mempermudah kebutuhan
                                                                                              umat muslim melakukan pembayaran zakat, infaq, dan sedekah semakin memudahkan
                                                                                              masyarakat untuk berbuat baik kapan saja dan di mana saja.
Bank Raya bersinergi dengan “Program Berbagi Bahagia BRI Group” menyalurkan ratusan
paket sembako ke-11 kota di Indonesia yaitu Jakarta, Makassar, Bandung, Semarang,             The development of Zakat and Donation features in Raya Application to facilitate the
Yogyakarta, Surabaya, Malang, Denpasar, Medan, Pekanbaru, dan Lampung dengan                  needs of Muslims to pay zakat, infaq, and alms makes it easier for people to do good
total bantuan sebanyak lebih dari 500 Paket sembako                                           anytime and anywhere.

Bank Raya, in synergy with the “Berbagi Bahagia BRI Group” Program, distributed hundreds
of basic necessities packages to 11 cities in Indonesia, namely Jakarta, Makassar, Bandung,
Semarang, Yogyakarta, Surabaya, Malang, Denpasar, Medan, Pekanbaru, and Lampung,
with total assistance amounting to more than 500 basic necessities packages.




              20 April 2025                                                                                 30 April 2025
              April 20, 2025                                                                                April 30, 2025




Tingkatkan Transaksi, Bank Raya Bekerja Sama dengan                                           Publikasi Kinerja Keuangan Triwulan 1/2025
TMII Hadirkan Pembayaran Cashless untuk Pengunjung                                            Publication of First Quarter 2025 Financial Performance
HUT TMII ke-50 Tahun.
Bank Raya Partners with TMII to Boost Transactions by Offering                                Dalam 3 bulan pertama di tahun 2025, PT Bank Raya Indonesia Tbk (AGRO) berhasil
Cashless Payments for Visitors to TMII's 50th Anniversary                                     mencatatkan kinerja bisnis yang positif dengan kolaborasi yang semakin kuat dengan
                                                                                              ekosistem BRI Group dan ekosistem digital lainnya. Hal tersebut memacu kinerja Bank
                                                                                              Raya secara berkelanjutan, baik dari sisi penyaluran Kredit Digital, Dana Pihak Ketiga
Mengangkat tema "Jelajah Cerita Baru 50 Tahun TMII Bersama Bank Raya", Bank                   (DPK), maupun jumlah transaksi. Berkat profitabilitas yang membaik, Bank Raya berhasil
Raya menghadirkan opsi pembayaran cashless untuk berbagai tenant dan UMKM                     membukukan Laba Bersih di Kuartal I/2025 sebesar Rp16,92 miliar dengan kenaikan
untuk memudahkan pengunjung dalam bertransaksi selama acara berlangsung. Selain               84,7% secara tahunan (YoY).
itu, Bank Raya juga menyuguhkan berbagai program promosi menarik yang dapat
dinikmati oleh pengunjung Pesta Rakyat Nusantara.                                             In the first three months of 2025, PT Bank Raya Indonesia Tbk (AGRO) successfully
                                                                                              recorded positive business performance, supported by increasingly strong collaboration
Carrying the theme “Exploring New Stories: 50 Years of TMII with Bank Raya,” Bank             within the BRI Group ecosystem and other digital ecosystems. This drove Bank Raya’s
Raya introduced cashless payment options for various tenants and MSMEs to facilitate          performance on a sustained basis, reflected in growth in Digital Loan disbursement,
visitor transactions throughout the event. In addition, Bank Raya also presented various      Third Party Funds (TPF), and the number of transactions. Supported by improved
attractive promotional programs that could be enjoyed by visitors of the Pesta Rakyat         profitability, Bank Raya recorded a Net Income of Rp16.92 billion in Q1/2025, representing
Nusantara                                                                                     an 84.7% year-on-year (YoY) increase.




46         PT Bank Raya Indonesia Tbk
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        Management Discussion and Analysis                        Good Corporate Governance                  Sustainability Report                  Audited Financial Report




              2 Mei 2025                                                                                 22 Mei 2025
              May 2, 2025                                                                                May 22, 2025




Bank Raya Serahkan TJSL Cluster Unggulan Jatiraras di Bogor                                 Media Visit B Universe
Bank Raya Handed Over CSR Assistance at the Jatiraras Leading                               B Universe Media Visit
Cluster in Bogor
                                                                                            Bank Raya melakukan media visit secara rutin ke berbagai media nasional dan regional
Bank Raya menyerahkan bantuan prasarana tempat ibadah, toilet dan penyediaan                guna membina hubungan baik dan menjaga reputasi positif perusahaan. Kegiatan
air bersih untuk cuci tangan. Disamping itu, Bank Raya melakukan pendampingan               ini dihadiri oleh Direksi Bank Raya dan Manajemen Media terkait.
usaha dengan mendorong adopsi produk dan fitur Bank Raya di 20 tenant UMKM
kuliner untuk memudahkan para pelanggan dalam bertransaksi non-tunai, salah                 Disamping melakukan kunjungan ke B Universe, Bank Raya juga melakukan media
satunya penggunaan QRIS Bisnis.                                                             visit lainnya Kompas, Infobank, Disway, dan juga media regional lainnya di Makassar,
                                                                                            Bali, Bengkulu, Surabaya, Medan.
Bank Raya provided assistance in the form of infrastructure, including places of worship,
toilets, and clean water facilities for handwashing. In addition, Bank Raya provided        Bank Raya regularly conducts media visits to various national and regional media
business mentoring by encouraging the adoption of Bank Raya’s products and features         outlets to build strong relationships and enhance the Company's positive reputation.
among 20 culinary MSME tenants, making it easier for customers to conduct cashless          The media meet up was attended by Bank Raya’s Board of Directors and the Senior
transactions, including through the use of QRIS Business.                                   leaders from related media.

                                                                                            Bank Raya also conducted media visits to Kompas, Infobank, Disway, and other regional
                                                                                            media outlets in Makassar, Bali, Bengkulu, Surabaya, and Medan.




              28 Mei 2025                                                                                13 Juni 2025
              May 28, 2025                                                                               June 13, 2025




Fitur "Tagih Uang" Melengkapi Fitur Saku Bareng di Aplikasi                                 TJSL Pantura Green Belt Program
Raya                                                                                        Pantura Green Belt CSR Program
"Tagih Uang" Feature Complements the Saku Bareng Feature
on the Aplikasi Raya                                                                        Bank Raya berkolaborasi bersama Bakau Manfaat Universal Foundation (BakauMU),
                                                                                            lembaga nirlaba yang berfokus pada pengelolaan lingkungan, sosial, dan kemanusiaan,
                                                                                            untuk melakukan penanaman pohon bakau di Pantai Mangunharjo, Semarang, Jawa
Fitur Saku Bareng juga hadir dengan fitur baru Tagih Uang untuk mempermudah admin           Tengah sebanyak 3500 pohon. Dalam program ini diharapkan carbon terserap pertahun
dan anggota dalam melakukan penagihan untuk anggota oleh admin sesuai dengan                2,387 TCO2.
nominal yang telah ditentukan.
                                                                                            Bank Raya collaborates with Bakau Manfaat Universal Foundation (BakauMU), a non-
Saku Bareng juga kini dapat menabung hingga 300 anggota dari yang sebelumnya                profit organization focusing on environmental, social, and humanitarian management,
hanya 100 anggota.                                                                          to plant 3,500 mangrove trees on Mangunharjo Beach in Semarang, Central Java. This
                                                                                            program is expected to absorb 2,387 TCO2 of carbon annually.
The Saku Bareng feature is now enhanced with a new “Tagih Uang” feature, enabling
administrators to easily collect contributions from members in accordance with a pre-
determined amount.

Saku Bareng can now also save up to 300 members, an increase from the previous
limit of 100 members.




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         Ikhtisar Kinerja                             Laporan Manajemen                        Profil Perusahaan                          Tinjauan Pendukung Bisnis
         Performance Highlights                       Management Report                        Company Profile                            Overview of Business Support Units




             17 Juni 2025                                                                             25 Juni 2025
             June 17, 2025                                                                            June 25, 2025




Bank Raya Hadirkan "Raya Poin" di Aplikasi Raya                                         RUPST 2025
Bank Raya Hadirkan "Raya Poin" di Aplikasi Raya                                         RUPST 2025

Bank Raya menghadirkan program "Raya Poin" sebagai program apresiasi kepada             Bank Raya menyelenggarakan Rapat Umum Pemegang Saham (RUPS) Tahunan 2025
seluruh nasabah Bank Raya yang senantiasa meningkatkan jumlah saldo sekaligus           pada tanggal 25 Juni 2025, yang dihadiri oleh jajaran Dewan Komisaris dan Direksi.
bertransaksi lewat Aplikasi Raya.
                                                                                        Bank Raya held the 2025 Annual General Meeting of Shareholders (GMS) on June 25,
Bank Raya launched the "Raya Points" program as a form of appreciation for all Bank     2025, which was attended by the Board of Commissioners and Directors.
Raya customers who consistently increase their account balances and conduct
transactions through the Aplikasi Raya..




             18 Juli 2025                                                                             22 Juli 2025
             July 18, 2025                                                                            July 22, 2025




Raya Story hadir di Aplikasi Raya                                                       Young on Top Conference 2025
Raya Story Available on the Aplikasi Raya                                               Young on Top Conference 2025

Fitur ini menampilkan data keuangan selama satu bulan terakhir dengan visualisasi       Bank Raya Ajak Ribuan Anak Muda Menggerakkan Kemajuan Ekonomi Nasional
sederhana yang mudah dipahami, Raya Story memberikan pengalaman yang intuitif           dengan Cakap Keuangan Digital di Young On Top Conference 2025.
dan memudahkan nasabah dalam mengevaluasi kondisi keuangan secara rutin.
                                                                                        Sebagai salah satu pendukung acara YOT National Conference, Bank Raya juga turut
This feature presents financial data from the past one month with simple and easy-to-   menghadirkan beragam aktivitas menarik di booth Bank Raya yang dapat dinikmati
understand visualizations. Raya Story provides an intuitive experience and helps        oleh pengunjung yaitu hadiah menarik untuk setiap pembukaan rekening di booth
customers regularly evaluate their financial condition.                                 Bank Raya, cashback hingga Rp100 ribu untuk setiap nasabah yang melakukan top-
                                                                                        up saldo, fun games dan hadiah langsung yang menarik bagi kawula muda, serta
                                                                                        kemudahan akses ke creative hub.

                                                                                        Bank Raya Invites Thousands of Young People to Drive National Economic Progress
                                                                                        with Digital Financial Skills at the Young On Top Conference 2025

                                                                                        As a supporter of the YOT National Conference, Bank Raya also presented a variety of
                                                                                        exciting activities at its booth for visitors to enjoy. These included attractive prizes for
                                                                                        opening an account at the Bank Raya booth, cashback of up to Rp100,000 for every
                                                                                        customer who tops up their balance, fun games and instant prizes appealing to young
                                                                                        people, and easy access to the creative hub.




48        PT Bank Raya Indonesia Tbk
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        Analisis dan Pembahasan Manajemen                         Tata Kelola Perusahaan                      Laporan Keberlanjutan                  Laporan Keuangan Audit
        Management Discussion and Analysis                        Good Corporate Governance                   Sustainability Report                  Audited Financial Report




              25 Juli 2025                                                                                31 Juli 2025
              July 25, 2025                                                                               July 31, 2025




Bank Raya serahkan TJSL Cluster Unggulan Kawasan                                             Publikasi Kinerja Keuangan Triwulan II/2025
Srikana Kampus UNAIR                                                                         Publication of Second Quarter 2025 Financial Performance
Bank Raya Handed over the CSR at the Srikana Leading Cluster
Area of UNAIR Campus                                                                         PT Bank Raya Indonesia Tbk (Bank Raya; Kode Emiten: AGRO) berhasil menjaga tren
                                                                                             pertumbuhan kinerja positif di tengah dinamika market melalui berbagai inovasi yang
Bank Raya menyerahkan TJSL Cluster Unggulan Kawasan Srikana Kampus UNAIR                     strategis. Bank Raya membukukan pertumbuhan Total Kredit di Kuartal II/2025 sebesar
yang berlokasi di Surabaya berupa bantuan berupa alat pendukung usaha, serta                 Rp7,28 triliun atau tumbuh 7,4% (yoy). Pertumbuhan tersebut turut menopang pertumbuhan
memberikan edukasi keuangan digital dengan mengoptimalkan penggunaan produk
                                                                                             positif Total Aset Bank Raya di Kuartal II/2025 menjadi sebesar Rp13,34 triliun.
dan fitur di Aplikasi Raya untuk mendukung operasional usaha para UMKM sehari-hari.

Bank Raya Handed over the CSR at the Srikana Leading Cluster Area of UNAIR Campus            PT Bank Raya Indonesia Tbk (Bank Raya; Share Code: AGRO) successfully maintained
Bank Raya handed over the CSR at the Srikana Leading Cluster of UNAIR Campus                 a positive performance growth trend amid dynamic market conditions through various
located in Surabaya in the form of business supporting tools as well as providing digital
                                                                                             strategic innovations. Bank Raya recorded Total Loan growth in Q2/2025 amounting
financial education by optimizing the use of products and features in the Aplikasi Raya
to support the daily operations of MSMEs.                                                    to Rp7.28 trillion, representing a 7.4% year-on-year (YoY) increase. This growth also
                                                                                             supported the positive increase in Bank Raya’s Total Assets in Q2/2025, reaching
                                                                                             Rp13.34 trillion.




              19 Agustus 2025                                                                             22 Agustus 2025
              August 19, 2025                                                                             August 22, 2025




Fitur Kasir (Pengembangan QRIS Bisnis)                                                       Pesta Raya 2025
Cashier Feature (Development of QRIS Bisnis)                                                 Pesta Raya 2025

Untuk semakin memudahkan pelaku usaha, Bank Raya melengkapi Saku Bisnis dan                  Bank Raya kembali menggelar program "Pesta Raya" dengan skema baru yang
QRIS Bisnis, dengan Fitur Kasir, yaitu fitur yang memudahkan pelaku pelaku usaha dan         dihadirkan sehingga akan membuka lebih banyak peluang bagi nasabah untuk
karyawannya untuk memantau pembayaran melalui QRIS secara realtime dari Aplikasi             mendapatkan hadiah langsung melalui penukaran poin, maupun melalui undian.
Raya. Sehingga pemilik usaha dapat secara langsung memantau perkembangan
usahanya tanpa harus hadir langsung di tempat usaha.                                         Program Pesta Raya merupakan program loyalitas untuk nasabah baru maupun
                                                                                             nasabah lama Bank Raya dengan cara tingkatkan saldo tabungan dan bertransaksi
In order to further simplify operations for business owners, Bank Raya has equipped          menggunakan Aplikasi Bank Raya mulai 8 Agustus 2025 hingga 31 Januari 2026.
Saku Bisnis and QRIS Bisnis with a Cashier Feature. This feature allows business owners
and their employees to monitor QRIS payments in real time through the Aplikasi Raya,         Bank Raya once again launched the "Pesta Raya" program with a new scheme, creating
enabling owners to directly track their business progress without needing to be physically   more opportunities for customers to receive instant rewards through point redemption
present at their business location.                                                          as well as through prize draws.

                                                                                             The Pesta Raya Program is a loyalty program for both new and existing Bank Raya
                                                                                             customers, encouraging them to increase their savings balance and conduct transactions
                                                                                             using the Bank Aplikasi Raya from August 8, 2025 to January 31, 2026.




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         Ikhtisar Kinerja                              Laporan Manajemen                        Profil Perusahaan                          Tinjauan Pendukung Bisnis
         Performance Highlights                        Management Report                        Company Profile                            Overview of Business Support Units




             28 Agustus 2025                                                                           4 September 2025
             August 28, 2025                                                                           September 4, 2025




Bank Raya Kerjasama dengan Mitra SRC untuk Pinjaman                                      Rayakan Hari Pelanggan Nasional, Bank Raya Tebar
Produktif                                                                                Beragam Promo dan Program Loyalty
Bank Raya Collaborated with SRC Partners for Productive Loans                            Celebrating National Customer Day, Bank Raya Offers Various
                                                                                         Promos and Loyalty Programs
Bank Raya bekerjasama dengan PT SRC Indonesia Sembilan (SRC) yang merupakan
bagian dari PT HM Sampoerna Tbk terkait pembiayaan usaha melalui produk pinjaman         Dalam rangka memperingati Hari Pelanggan Nasional (Harpelnas) tanggal 4 September
produktif untuk Mitra SRC. Melalui kerjasama ini, mitra SRC dapat mengakses layanan      2025, Bank Raya memberikan serangkaian penawaran menarik dan istimewa untuk
dan produk Bank Raya guna mendorong peningkatan pertumbuhan bisnis mereka.               para nasabah setia Bank Raya yaitu program reward berupa cashback untuk transaksi
                                                                                         QRIS, top up e-Wallet, pembayaran listrik dan pembelian pulsa di Aplikasi Raya. Program
Bank Raya had entered into a collaboration with PT SRC Indonesia Sembilan (SRC),         ini diberikan kepada nasabah dengan tujuan salah satu upaya menjaga loyalitas
part of PT HM Sampoerna Tbk, in relation to business financing through productive loan   sekaligus meningkatkan volume transaksi di Aplikasi Raya.
products for SRC Partners. Through this partnership, SRC Partners can access Bank
Raya’s services and products to support and accelerate the growth of their businesses.   To commemorate National Customer Day (Harpelnas) on September 4, 2025, Bank
                                                                                         Raya offered a series of attractive and special offers for its loyal customers. This included
                                                                                         a reward program in the form of cashback for QRIS transactions, e-Wallet top-ups,
                                                                                         electricity payments, and mobile phone credit purchases on Raya App. This program
                                                                                         was offered to customers to maintain loyalty while increasing transaction volume on
                                                                                         Raya App.




             9 September 2025                                                                          27 September 2025
             September 9, 2025                                                                         September 27, 2025




Public Expose 2025                                                                       HUT Bank Raya ke-36 tahun
Public Expose 2025                                                                       36th Anniversary of Bank Raya

Pemaparan kinerja keuangan Kuartal II/2025 dan rencana pengembangan bisnis dan           Bank Raya kembali memperkuat fundamental untuk dapat bertumbuh secara
inovasi perusahaan ke depan pada Public Expose Live 2025 yang diselenggarakan            berkelanjutan. Hari jadi ini pun menjadi momentum bagi Bank Raya untuk melanjutkan
dalam rangka 48 tahun diaktifkan kembali Pasar Modal oleh PT Bursa Efek Indonesia,       visi menjadi Bank Digital Utama yang Memberikan Akses Terluas bagi Masyarakat di
PT Kliring Penjaminan Efek Indonesia, dan PT Kustodian Sentral Efek Indonesia yang       Indonesia, dengan komitmen untuk bertumbuh akseleratif melalui inovasi produk digital
didukung oleh Otoritas Jasa Keuangan secara online.                                      agar dapat tetap relevan memenuhi kebutuhan perbankan nasabahnya di tengah
                                                                                         kondisi market yang menantang.
Presentation of Q2/2025 financial performance and the Company’s future business
development plans and innovations at Public Expose Live 2025, which was held in          Bank Raya continued to strengthen its fundamentals to achieve sustainable growth.
conjunction with the 48th anniversary of the reactivation of the Capital Market by PT    This anniversary served as a momentum for Bank Raya to advance its vision of becoming
Bursa Efek Indonesia, PT Kliring Penjaminan Efek Indonesia, and PT Kustodian Sentral     a Leading Digital Bank Providing the Widest Access to the Indonesian Public, with a
Efek Indonesia, supported by the Financial Services Authority (OJK) and conducted        commitment to accelerated growth through digital product innovation, ensuring
online.                                                                                  continued relevance in meeting customers’ banking needs amid challenging market
                                                                                         conditions.




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        Analisis dan Pembahasan Manajemen                         Tata Kelola Perusahaan                     Laporan Keberlanjutan                   Laporan Keuangan Audit
        Management Discussion and Analysis                        Good Corporate Governance                  Sustainability Report                   Audited Financial Report




              22 Oktober 2025                                                                            24 Oktober 2025
              October 22, 2025                                                                           October 24, 2025




Bank Raya Hadirkan Inspiraya Bersama Ratusan Pelaku                                         Fitur Uang Saku
Usaha                                                                                       Uang Saku Feature
Bank Raya Presents Inspiraya with Hundreds of Business Actors
                                                                                            Bank Raya meluncurkan fitur “Uang Saku” yang dapat digunakan oleh anak dengan
Bank Raya menggelar acara Inspiraya bekerjasama dengan Komunitas Pelaku Usaha               pengawasan orang tua sehingga mendorong terciptanya kebiasaan finansial sehat
Kompas Gramedia dan Radio Sonora                                                            sejak usia dini. Fitur Uang Saku juga dapat mempermudah orang tua untuk memantau,
                                                                                            menganalisis, dan mengevaluasi kebiasaan finansial anak melalui Aplikasi Raya.
Bank Raya held the Inspiraya event in collaboration with the Kompas Gramedia Business
Community and Radio Sonora.                                                                 Bank Raya launched the “Uang Saku” feature, which can be used by children under
                                                                                            parental supervision, promoting healthy financial habits from an early age. The Uang
                                                                                            Saku feature also makes it easier for parents to monitor, analyze, and evaluate their
                                                                                            children’s financial habits through the Aplikasi Raya.




              26 Oktober 2025                                                                            31 Oktober 2025
              October 26, 2025                                                                           October 31, 2025




Launching Fitur Kartu Digital Debit Visa pada Raya Run                                      Publikasi Kinerja Keuangan Triwulan III/2025
2025 di Surabaya                                                                            Publication of Third Quarter 2025 Financial Performance
Launching of the Visa Digital Debit Card Feature at Raya Run
2025 in Surabaya                                                                            Bank Raya berhasil mencatatkan kinerja positif di Kuartal III/2025, didukung akselerasi
                                                                                            pertumbuhan bisnis, baik dari sisi penyaluran kredit digital, transaksi maupun berbagai
                                                                                            inovasi strategis. Bank Raya membukukan laba bersih di Kuartal III/2025 sebesar
Bank Raya bekerja sama dengan Visa untuk meluncurkan Fitur Kartu Digital Debit Visa.        Rp41,97 miliar dengan kenaikan 23,9% secara tahunan (yoy).
Bertujuan agar nasabah dapat bertransaksi di jaringan merchant online Visa domestik
dan internasional, baik transaksi pada e-commerce, platform transportasi online, dan        Bank Raya recorded positive performance in Q3/2025, supported by accelerated
berbagai platform online lainnya di dalam maupun di luar negeri. Acara ini hadir            business growth across digital loan disbursement, transaction volumes, and various
bersamaan dengan Raya Run di Surabaya dengan ribuan pelari yang terdiri dari Fun            strategic innovations. Bank Raya posted a net profit of Rp41.97 billion in Q3/2025,
Run 5 K dan 10 K.                                                                           representing a 23.9% year-on-year (YoY) increase.

Bank Raya, in collaboration with Visa, launched the Visa Digital Debit Card feature. This
aims to enable customers to conduct transactions across Visa’s domestic and international
merchant networks, including e-commerce, online transportation platforms, and various
other online platforms both in Indonesia and abroad. The launch took place alongside
Raya Run in Surabaya, which was attended by thousands of runners participating in
the 5K and 10K Fun Run.




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         Performance Highlights                      Management Report                        Company Profile                            Overview of Business Support Units




             27 November 2025                                                                        29 November 2025
             November 27, 2025                                                                       November 29, 2025




Bank Raya Raih Most Trusted Company di CGPI 2024                                       Bank Raya Menggarap Komunitas Lari melalui Sorak Sorai
Bank Raya Named Most Trusted Company at CGPI 2024                                      Fest Fun Run berkolaborasi bersama TMII
                                                                                       Bank Raya Engages the Running Community through Sorak
Bank Raya meraih pencapaian penting pada ajang penghargaan CGPI Award 2024             Sorai Fest Fun Run in Collaboration with TMII
untuk kategori “Sangat Terpercaya” dengan skor 85,07.

Bank Raya achieved significant success at the 2024 CGPI Awards in the “Most Trusted”   Bank Raya berkolaborasi bersama TMII menggelar Sorak Sorai Fest (SSF) Fun Run yaitu
category with a score of 85.07.                                                        ajang Family Fun Run 5K di Taman Mini Indonesia Indah dengan konsep sport tourism.

                                                                                       Bank Raya, in collaboration with TMII, held the Sorak Sorai Fest (SSF) Fun Run, a 5K
                                                                                       Family Fun Run at Taman Mini Indonesia Indah, featuring a sport tourism concept.




             02 Desember 2025                                                                        12 Desember 2025
             Desember 02, 2025                                                                       Desember 12, 2025




Penambahan Fitur Pembayaran PDAM dan Cicilan                                           Bank Raya Serahkan TJSL Cluster Unggulan Sidodadi
Multifinance                                                                           Semarang
Addition of PDAM Payment and Multifinance Installment Features                         Bank Raya Delivered CSR at Sidodadi Leading Cluster, Semarang

Aplikasi Raya kini semakin lengkap dengan fitur pembayaran PDAM dan Cicilan            Penyerahan TJSL Cluster Unggulan kepada Pelaku usaha Sidodadi mencakup
Multifinace                                                                            pemberian fasilitas pendukung usaha, serta pendampingan keuangan usaha melalui
                                                                                       literasi keuangan digital.
The Aplikasi Raya is now even more complete with PDAM payment and Multifinance
Installment features.                                                                  The delivery of the Leading Cluster CSR to street vendors (PKL) in Sidodadi included
                                                                                       the provision of business support facilities as well as business financial mentoring through
                                                                                       digital financial literacy.




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     Performance Highlights        Management Report   Company Profile     Overview of Business Support Units




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Management Discussion and Analysis   Good Corporate Governance         Sustainability Report                Audited Financial Report




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     Ikhtisar Kinerja              Laporan Manajemen   Profil Perusahaan        Tinjauan Pendukung Bisnis
     Performance Highlights        Management Report   Company Profile          Overview of Business Support Units




Laporan Dewan Komisaris
Report of the Board of Commissioners




                                                                    Fungsi pengawasan atas
                                                         pengurusan dan implementasi tata
                                                           kelola perusahaan yang baik dan
                                                          pemberian nasihat kepada Direksi
                                                                   yang berjalan efektif turut
                                                                      berkontribusi terhadap
                                                              pencapaian kinerja Bank Raya
                                                            yang optimal dan berkelanjutan.

                                                            The effective supervision of managing
                                                               and implementing good corporate
                                                                 governance, as well as providing
                                                                  advice to the Board of Directors,
                                                                    contributes to the optimal and
                                                                       sustainable performance of
                                                                                        Bank Raya.




                                                                                Muhamad Sidik
                                                                                  Heruwibowo
                                                                                         Komisaris Utama
                                                                                  President Commissioner




56    PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen              Tata Kelola Perusahaan                 Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis             Good Corporate Governance              Sustainability Report                 Audited Financial Report




Pemegang Saham dan Pemangku                                                 Our Esteemed Shareholders and
Kepentingan yang terhormat,                                                 Stakeholders,

Kami panjatkan puji dan syukur kepada Tuhan Yang Maha Esa atas berkah       We convey our appreciation and thanks to God Almighty, for through His
rahmat dan karunia-Nya. PT Bank Raya Indonesia Tbk (selanjutnya disebut     grace and blessings, PT Bank Raya Indonesia Tbk (hereinafter called "Bank
“Bank Raya” atau “Bank”) berhasil mencatatkan kinerja yang optimal dan      Raya" or "Bank") has achieved optimal and sustainable performance,
berkelanjutan meski di tengah tantangan eksternal, baik dari perekonomian   despite facing external challenges in both the global and local economies.
global maupun domestik. Hal ini tidak terlepas dari kemampuan Bank          This accomplishment stems from Bank Raya's ability to leverage its competitive
Raya untuk mengoptimalkan keunggulan kompetitifnya sebagai digital          advantage as a digital attacker of PT Bank Rakyat Indonesia (Persero) Tbk
attacker PT Bank Rakyat Indonesia (Persero) Tbk (BRI) yang diperkuat        (BRI), bolstered by the largest Online-to-Offline (O2O) network in Indonesia.
dengan jaringan Online to Offline (O2O) terluas di Indonesia. Pencapaian    This achievement is also due to enhancements in the Bank's management,
kinerja tersebut tidak terlepas dari pengelolaan Bank secara lebih baik     with strong support from all employees of Bank Raya.
yang didukung oleh segenap insan Bank Raya.

Sehubungan dengan hal tersebut, pada kesempatan ini, kami menyampaikan      In this context, we would like to take this opportunity to present a report on
laporan pelaksanaan tugas dan tanggung jawab sebagai Dewan Komisaris        our roles and responsibilities as the Board of Commissioners. This report
terkait pelaksanaan tugas pengawasan terhadap kebijakan pengurusan          covers our oversight duties regarding the management policies and
dan jalannya pengurusan Bank Raya, pemberian nasihat kepada Direksi         execution of Bank Raya's operations, provides recommendations to the
serta memastikan pelaksanaan tata kelola, manajemen risiko, dan kepatuhan   Board of Directors, and ensures the coordinated application of good
secara terintegrasi serta kebijakan strategis Bank untuk tahun buku 2025.   governance, risk management, compliance, and the strategic policies of
                                                                            the Bank for the financial year 2025.




Pandangan Atas Lingkungan Ekonomi dan Bisnis
An Overview of the Economic and Business Environment

Pertumbuhan Kredit Perbankan Dipengaruhi oleh                               Bank Loan Expansion Impacted by Indonesia's
Kondisi Ekonomi Indonesia yang Menghadapi                                   Economic Situation Amidst Global Economic
Tantangan Ketidakpastian Ekonomi Global                                     Uncertainty

Dewan Komisaris memandang bahwa perekonomian dunia saat ini                 The Board of Commissioners believes that the global economy is presently
dihadapkan pada tingkat ketidakpastian yang tinggi, dipicu oleh krisis      experiencing significant uncertainty, caused by the geopolitical crisis
geopolitik antara Rusia dan Ukraina serta ketegangan politik di kawasan     involving Russia and Ukraine as well as political tensions in the Middle East.
Timur Tengah. Tekanan terhadap ekonomi global semakin meningkat             The global economy is facing rising pressure due to the United States
seiring dengan kebijakan Presiden Amerika Serikat untuk menerapkan          President's strategy of enforcing a universal import tax of 10% and imposing
tarif impor universal sebesar 10% dan tarif resiprokal yang tinggi kepada   high reciprocal tariffs on several trading partners.
berbagai negara mitra dagang.

Kondisi tersebut telah memberikan tekanan pada pasar keuangan global,       These circumstances have strained global financial markets, evident in the
yang tercermin dari fluktuasi aliran modal ke negara berkembang serta       volatile capital movements to emerging nations and the decline of numerous
depresiasi berbagai mata uang terhadap dolar Amerika Serikat. Selain itu,   currencies relative to the US dollar. Additionally, the movement of capital
pergeseran aliran modal ke komoditas emas dan aset keuangan AS sebagai      towards gold and US financial assets as safe havens has played a role in
safe haven assets turut memengaruhi perlambatan pertumbuhan ekonomi         the deceleration of global economic growth, evident in the growth forecasts
global, sebagaimana tercermin dalam proyeksi pertumbuhan sebesar            of 3.2% and 2.7% from the OECD and the World Bank.
3,2% dan 2,7% menurut OECD dan World Bank.

Di tengah dinamika global tersebut, Dewan Komisaris menilai bahwa           Amid these global developments, the Board of Commissioners evaluates
perekonomian Indonesia tetap menunjukkan kinerja yang relatif stabil        that the Indonesian economy maintain a relatively stable performance,
dengan pertumbuhan sebesar 5,11% yoy pada tahun 2025, meningkat             with a yoy growth of 5.11% in 2025, rising from the previous year's 5.03%
dibandingkan dengan tahun sebelumnya sebesar 5,03% yoy. Stabilitas ini      yoy. This stability is bolstered by sustained household spending due to fiscal
didukung oleh terjaganya konsumsi rumah tangga melalui kebijakan            subsidy measures, rising exports and investments, and enhanced performance
subsidi fiskal, peningkatan ekspor dan investasi, serta perbaikan kinerja   across various industrial sectors.
sejumlah sektor industri.

Namun demikian, Dewan Komisaris juga mencermati adanya perlambatan          Nonetheless, the Board of Commissioners also observed a deceleration in
dalam pertumbuhan penyaluran kredit perbankan yang menjadi 9,46%            the growth of bank lending, projected to be 9.46% yoy in 2025, down from
yoy pada tahun 2025 dari 10,52% pada tahun sebelumnya. Sementara            10.52% the year before. Meanwhile, based on data from the Financial
itu, berdasarkan data Otoritas Jasa Keuangan, pertumbuhan aset bank         Services Authority, the growth of assets in commercial banks is projected
umum tercatat sebesar 9,51% yoy, meningkat dari 9,04% yoy pada tahun        to be 9.51% yoy, rising from 9.04% yoy in 2024
2024.

Dewan Komisaris juga mengamati bahwa industri perbankan tetap mampu         The Board of Commissioners noted that the banking sector continued to
menghimpun dana pihak ketiga dengan pertumbuhan sebesar 13,83%,             gather third-party funds, increasing by 13.83%, compared to 5.98% the
lebih tinggi dibandingkan dengan 5,98% pada tahun sebelumnya, yang          prior year. This serves as an essential resource for facilitating loan disbursement.
menjadi modal penting dalam mendukung penyaluran kredit. Selain itu,        Additionally, the capital structure of the banking sector is robust, featuring
struktur permodalan industri perbankan dinilai tetap kuat dengan rasio      a CAR of 25.89%, allowing sufficient space for future credit growth.
KPMM sebesar 25,89%, sehingga memberikan ruang yang memadai untuk
ekspansi kredit ke depan.


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                                                                                                 Annual Report & Sustainability Report   2025              57
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        Ikhtisar Kinerja                         Laporan Manajemen                    Profil Perusahaan                    Tinjauan Pendukung Bisnis
        Performance Highlights                   Management Report                    Company Profile                      Overview of Business Support Units




Dalam konteks tersebut, Dewan Komisaris meyakini bahwa perbankan                In this context, the Board of Commissioners holds that digital banking has
digital memiliki peran strategis dalam memperluas akses layanan keuangan,       a strategic role in enhancing access to financial services, increasing
meningkatkan efisiensi operasional, serta mendorong aktivitas perekonomian.     operational efficiency, and boosting economic activity. Consequently, Bank
Oleh karena itu, fokus Bank Raya pada digital loan dengan karakteristik         Raya's emphasis on digital loans, defined by brief durations and minor
pinjaman jangka pendek dan nominal kecil (shorter, smaller, faster)             amounts (shorter, smaller, faster), is viewed as a suitable approach to meet
dipandang sebagai langkah yang tepat untuk menjawab kebutuhan pasar             market demands and enhance the company's future standing
sekaligus memperkuat posisi perseroan di masa mendatang.




Penilaian Terhadap Kinerja Direksi dan Implementasi Strategi Perusahaan
Assessment of the Board's Performance and Implementation of the Company's Strategy

Pencapaian Kinerja Direksi dan Dasar                                            Performance of the Board of Directors and Basis of
Penilaiannya                                                                    Evaluation
Berpedoman pada Anggaran Dasar dan Kebijakan Umum Penerapan                     In accordance with Bank Raya's Articles of Association and the General In
GCG Bank Raya, Dewan Komisaris telah menjalankan tugas pengawasan               accordance with Bank Raya's Articles of Association and the General Policy
terhadap kebijakan pengurusan, jalannya pengurusan pada umumnya,                for the Implementation of Good Corporate Governance (GCG), the Board
baik mengenai Bank Raya maupun usaha Bank yang dilakukan oleh                   of Commissioners has carried out its oversight duties regarding the Bank's
Direksi. Selain itu, kami juga memberikan nasihat kepada Direksi, termasuk      management policies, general management, and business activities
pengawasan terhadap Rencana Jangka Panjang Perusahaan (RJPP) Bank,              conducted by the Board of Directors. Additionally, the Board of Commissioners
Rencana Bisnis, Rencana Kerja dan Anggaran Bank serta Rencana Kerja             provides advice to the Board of Directors and oversees the Bank’s Long-
lainnya yang telah disiapkan oleh Direksi.                                      Term Corporate Plan (RJPP), Business Plan, Work Plan and Budget, as well
                                                                                as other work plans prepared by the Board of Directors.

Selanjutnya, evaluasi juga dilakukan oleh Dewan Komisaris terkait               Additionally, the Board of Commissioners evaluates the implementation
pelaksanaan kebijakan strategis Bank yang dilakukan oleh Direksi. Kami          of the Bank's strategic policies by the Board of Directors. We assess the
menilai pencapaian kinerja Direksi berdasarkan pemenuhan tugas dan              Board of Directors' performance based on their fulfillment of duties and
tanggung jawab serta target-target yang disusun oleh Direksi terkait yang       responsibilities, as well as the targets established by the relevant Board of
sejalan dengan target Bank. Penilaian kinerja Direksi Bank Raya juga            Directors. These targets align with the Bank's objectives. Bank Raya's Board
menggunakan Indikator Kinerja Utama (Key Performance Indicators/KPI)            of Directors' performance assessment is based on Key Performance Indicators
dengan mempertimbangkan posisinya sebagai entitas anak dari BRI.                (KPIs), taking into account its position as a BRI subsidiary.

Secara umum, Dewan Komisaris memastikan strategi bisnis yang dijalankan         In general, the Board of Commissioners ensures that the business strategy
oleh Direksi selama tahun 2025 telah selaras dengan strategi entitas            implemented by the Board of Directors throughout 2025 aligns with that
induk melalui penerapan one vision dan one culture, terutama dalam              of the parent entity, through the implementation of one vision and one
menggarap potensi bisnis ekosistem BRI Group sehingga tercipta value            culture. This is particularly important when developing the business potential
yang sama.                                                                      of the BRI Group ecosystem, thereby creating shared values.

Selain itu, Dewan Komisaris memberikan apresiasi atas pertumbuhan kredit        Furthermore, the Board of Commissioners expressed appreciation for the
sebesar 8,3% yoy menjadi Rp7,72 triliun pada tahun 2025. Kenaikan kredit        2025 loan growth of 8,3%, standing at Rp7,72 trillion. This loan growth
ini berhasil melebihi target 2025 sebesar 5%-7% dan lebih tinggi dari tahun     surpassed the 2025 target of 5%-7% and exceeded the previous year's
sebelumnya sebesar 3,4% yoy.                                                    3.4% yoy growth.

Kenaikan penyaluran tersebut, dari sisi liabilitas, didukung oleh peningkatan   The increase in disbursements was supported by a 17,4% yoy increase in
dana pihak ketiga (DPK) sebesar 17,4% yoy menjadi Rp9,54 triliun. Kenaikan      third-party funds (TPF) to Rp9.54 trillion. This TPF increase exceeded the
DPK ini lebih tinggi dibandingkan dengan target sebesar 5%-7% yoy dan           2025 target of 5%-7% and the previous year's realization of a 0.6% decrease
realisasi tahun sebelumnya yang berkurang sebesar 0,6% yoy. Peningkatan         yoy. The increase in TPF was accompanied by an improvement in the
DPK tersebut diiringi dengan perbaikan rasio CASA, yaitu menjadi sebesar        CASA ratio, which was 33.62%, which was an increase compared to the
33,62%, di mana hal tersebut meningkat apabila dibandingkan dengan              previous year's CASA ratio of 27.50%.
rasio CASA tahun sebelumnya yang sebesar 27,50%.

Secara permodalan, penyaluran kredit tahun 2025 didukung oleh struktur          In terms of capital, lending in 2025 is supported by a strong capital structure,
permodalan yang kuat dengan rasio KPMM sebesar 40,25%, dibandingkan             with a CAR of 40.25%, within the target range of 36%-40%. Furthermore,
dengan target sebesar 36%-40%. Selain itu, kenaikan Dana Pihak Ketiga           the increase in Third Party Funds strengthened Bank Raya's liquidity position,
semakin memperkuat posisi likuiditas Bank Raya, tercermin dari rasio LDR        as reflected in the impact on the LDR ratio, which reached 80.83%.
yang mencapai 80,83%.

Selanjutnya, kami memahami bahwa langkah Bank Raya untuk terus                  Furthermore, we understand that Bank Raya's ongoing efforts to improve
melakukan perbaikan kualitas terutama di bisnis legacy guna mendukung           quality, especially in legacy business, to support sustainable business growth,
pertumbuhan bisnis berkelanjutan berdampak pada perlambatan kinerja.            have resulted in a performance slowdown. This was done because the
Hal tersebut dilakukan karena perusahaan mengambil langkah perbaikan            company took corrective measures for legacy debtors whose portfolios
pada debitur-debitur legacy yang secara bertahap portofolionya akan             would be gradually reduced through the formation of reserves. This decision
diturunkan melalui pembentukan cadangan. Kami melakukan diskusi                 was taken by the Board of Directors due to the need to bolster provisions.
secara intensif dengan Direksi untuk memastikan langkah yang ditempuh           However, with the support of the BRI Group's solid ecosystem, Bank Raya
dapat mendukung upaya transformasi digital jangka panjang dan                   can continue this positive trend through quality business growth.
pertumbuhan bisnis berkelanjutan.




58       PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                  Tata Kelola Perusahaan                  Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis                 Good Corporate Governance               Sustainability Report                 Audited Financial Report




Hal ini tentunya berdampak terdapat perlambatan dalam kinerja keuangan            This will certainly lead to a decline in financial results in 2025, as the Bank
tahun 2025, dikarenakan Bank mengambil langkah perbaikan pada                     implements corrective actions for legacy debtors, whose portfolio will be
debitur-debitur legacy yang secara bertahap portofolionya akan diturunkan         steadily diminished by the establishment of reserves.
melalui pembentukan cadangan.

Di sisi lain Bank Raya terus memperkuat pertumbuhan bisnis digital secara         Meanwhile, Bank Raya continues to prudently strengthen its digital business
prudent yang saat ini porsinya terus meningkat menjadi 39,8% dari tahun           growth, with its composition increasing to 39.8% from 32.1% the previous
sebelumnya yaitu sebesar 32,1% sejalan dengan transformasi untuk terus            year, in line with its transformation to further strengthen digital business
memperkuat pertumbuhan bisnis digital. Bank Raya menargetkan di tahun             growth. Bank Raya targets a larger share of digital loans than legacy loans
2026 bahwa porsi kredit digital akan lebih besar dari kredit legacy.              by 2026.

Komitmen Direksi untuk mendorong pertumbuhan bisnis digital tercermin             The Board of Directors' commitment to driving digital business growth is
dari pertumbuhan penyaluran kredit digital sebesar Rp28,75 triliun atau           reflected in the growth of digital loan disbursement of Rp28.75 trillion or
tumbuh 39,8% (yoy), sehingga mendorong pertumbuhan signifikan                     growing 39.8% (yoy), thus driving significant growth in Bank Raya's digital
outstanding kredit digital Bank Raya mencapai Rp3,07 triliun atau tumbuh          loan reaching Rp3.07 trillion or growing by 33.9% (yoy).
sebesar 33,9% (yoy).

Di sisi simpanan digital, Bank juga mencatatkan pertumbuhan digital saving        On the digital savings, the Bank also recorded digital savings growth of
yang baik yaitu sebesar Rp2,20 triliun atau tumbuh 66,7% (yoy), yang              Rp2.20 trillion or 66.7% (yoy), which was balanced by a 16.3% (yoy) increase
diimbangi dengan peningkatan transaksi Aplikasi Raya 16,3% (yoy) dan              in Aplikasi Raya transactions and reached 4.7 million transactions.
mencapai 4,7 juta transaksi.

Dewan Komisaris menilai perbaikan terlihat dari pertumbuhan bisnis digital        The Board of Commissioners assesses that improvements can be seen from
yang sangat baik ini turut berdampak pada kenaikan rasio NIM menjadi              the very good growth of digital business, which has had an impact on
5,08%, sesuai target, yakni >5%, dan lebih tinggi dari realisasi tahun 2024       higher loan growth, increasing the NIM ratio to 5,08%, which is in line with
sebesar 4,44%.                                                                    the target of >5% and higher than the 2024 realization of 4.44%.

Melalui langkah tegas yang diambil ini, Dewan Komisaris menilai bahwa             Through these decisive steps, the Board of Commissioners believes the
Bank mampu memastikan komitmen untuk bertumbuh lebih sehat dalam                  Bank has ensured its commitment to healthier long-term growth. With
jangka panjang. Dengan dukungan BRI, strategi perusahaan dan direksi              support from BRI and the company and board of directors' continued
untuk terus bersinergi melalui strategi eksploitasi dan eksplorasi di ekosistem   synergy through exploitation and exploration strategies within the BRI Group
BRI Group, kami melihat bahwa Bank dapat terus melanjutkan tren positif           ecosystem, we believe the Bank can sustain this positive trend through
ini melalui pertumbuhan bisnis yang berkualitas dan efisiensi yang                quality business growth and sustainable efficiency.
berkesinambungan.

Beragam pencapaian tersebut di atas tidak terlepas dari dukungan                  The achievements noted above cannot be separated from the support of
Dewan Komisaris terhadap seluruh inisiatif strategis yang diambil oleh            the Board of Commissioners for all strategic initiatives undertaken by the
Direksi untuk pencapaian target 2025 dalam menggarap potensi bisnis               Board of Directors to reach the 2025 objective of enhancing the business
dari ekosistem BRI Group, sesuai dengan aspirasi Pemegang Saham                   opportunities within the BRI Group ecosystem, in alignment with the goals
Pengendali.                                                                       of the Controlling Shareholder


Pengawasan Terhadap Implementasi Strategi                                         Overseeing Corporate Strategy and Advising the
Perusahaan dan Pemberian Nasihat Kepada Direksi                                   Board of Directors

Selain memberikan dukungan terhadap implementasi inisiatif strategis              In addition to supporting the Board of Directors in the effective implementation
secara efektif yang dilakukan oleh Direksi, Dewan Komisaris juga secara           of strategic initiatives, the Board of Commissioners independently carries
independen, dengan itikad baik, penuh kehati-hatian, dan bertanggung              out its supervisory and advisory functions in good faith, prudently, and
jawab menjalankan fungsi pengawasan dan pemberian nasihat untuk                   responsibly for the benefit of the Bank, in accordance with its purposes and
kepentingan Bank dan sesuai dengan maksud dan tujuan Bank.                        objectives.

Dewan Komisaris dalam menjalankan fungsi pengawasan tersebut telah                To fulfill this supervisory role, the Board of Commissioners provides feedback
memberikan tanggapan dan saran untuk peningkatan kinerja, baik secara             and suggestions for performance improvement in meetings and in writing,
formal maupun informal dalam rapat ataupun secara tertulis. Hal ini               both formally and informally. This is demonstrated by holding meetings,
ditunjukkan melalui penyelenggaraan rapat yang meliputi rapat internal            including internal meetings with the Board of Commissioners' committees
dengan komite-komite Dewan Komisaris maupun eksternal dengan Direksi,             and external meetings with the Board of Directors and work units. We also
dan satuan unit kerja. Selain itu, kami melakukan pengawasan secara               conduct direct supervision through periodic working visits to work units.
langsung melalui kunjungan kerja ke unit-unit kerja yang dilaksanakan
secara periodik.

Adapun rekomendasi yang telah diberikan oleh Dewan Komisaris untuk                The recommendations made by the Board of Commissioners for 2025
tahun 2025 adalah perlunya peningkatan digital mindset para pengambil             include strengthening the digital mindset of decision-makers, improving
keputusan, perbaikan kompetensi human capital, struktur organisasi yang           human capital competencies, establishing a fit and efficient organizational
fit dan efisien, penguatan sistem keamanan TI, senantiasa mematuhi                structure, strengthening IT security systems, ensuring consistent regulatory
regulasi, dan peningkatan pengendalian internal agar target bisnis yang           compliance, and enhancing internal controls to achieve established business
telah dicanangkan tercapai. Hal ini dilatarbelakangi oleh kenyataan               targets. These recommendations are driven by the fact that transforming
bahwa proses transformasi menjadi bank digital membutuhkan waktu dan              into a digital bank requires time, consistent implementation, and strict
konsistensi implementasi serta pengawalan yang cukup ketat dalam upaya            oversight. The transformation centers on a robust ecosystem, human capital,
pencapaian target yang telah ditetapkan yang berpusat pada ekosistem,             and IT.
human capital dan IT.




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         Ikhtisar Kinerja                            Laporan Manajemen                       Profil Perusahaan                     Tinjauan Pendukung Bisnis
         Performance Highlights                      Management Report                       Company Profile                       Overview of Business Support Units




Selanjutnya, Dewan Komisaris juga memastikan bahwa strategi yang                       Furthermore, the Board of Commissioners ensures that the Board of Directors'
dijalankan Direksi selaras dengan aspirasi pemegang saham. Sehubungan                  strategies align with shareholder aspirations. In this respect, we oversee
dengan hal tersebut, kami melakukan pengawasan terhadap berbagai                       various aspects of the Bank, including monthly financial performance, the
aspek bank, antara lain kinerja keuangan bulanan, rencana bisnis bank                  Bank's business plan (RBB), progress on digital transformation, IT updates,
(RBB), progres transformasi digital, update TI, pembahasan Risk Appetite               Risk Appetite Statement, Risk-Based Bank Rating (RBBR), risk profile,
Statement, tingkat kesehatan bank, profil risiko, tata kelola, stress test, serta      governance, stress tests, and policies and procedures.
kebijakan dan prosedur.

Untuk menunjang fungsi pengawasan tersebut, dengan kewenangan                          To support this supervisory function, the Board of Commissioners reviews
yang dimiliki, Dewan Komisaris memeriksa dokumen-dokumen, meminta                      documents and requests clarification from the Bank's Board of Directors
penjelasan dari Direksi Bank dan/atau pejabat lainnya mengenai segala                  and/or other officials regarding all issues concerning the management of
persoalan yang menyangkut pengelolaan Bank Raya. Untuk memperkuat                      Bank Raya. To enhance its supervisory function, the Board of Commissioners
fungsi pengawasan, Dewan Komisaris juga telah dibantu komite-komite                    has been assisted by Committees as stipulated in the Board of Commissioners
sebagaimana diatur dalam Piagam Dewan Komisaris.                                       Charter.




Penerapan Tata Kelola Perusahaan
Implementation of Corporate Governance


Pandangan Dewan Komisaris terhadap                                                     Views of the Board of Commissioners on the
Penerapan Tata Kelola Perusahaan                                                       Implementation of Corporate Governance

Sebagai pemenuhan atas tugas dan tanggung jawabnya, Dewan Komisaris                    To fulfill its duties and responsibilities, the Board of Commissioners ensures
juga memastikan bahwa penerapan GCG terselenggara dalam setiap                         that Good Corporate Governance (GCG) is implemented in all Bank Raya
kegiatan usaha Bank Raya pada seluruh tingkatan atau jenjang organisasi.               business activities at all organizational levels. To this end, the Board of
Sehubungan dengan hal tersebut, Dewan Komisaris telah membentuk                        Commissioners has established three supporting oversight committees: the
komite-komite yang berperan sebagai perangkat pendukung fungsi                         Audit Committee, the Remuneration and Nomination Committee, and the
pengawasan yang terdiri dari Komite Audit, Komite Remunerasi dan                       Monitoring Risk Committee.
Nominasi, serta Komite Pemantau Risiko.

Dewan Komisaris, dengan dibantu oleh ketiga komite tersebut, telah                     Assisted by these three committees, the Board of Commissioners has
memberikan arahan, memantau, dan mengevaluasi pelaksanaan                              directed, monitored, and evaluated the implementation of integrated risk
manajemen risiko dan kepatuhan secara terintegrasi serta kebijakan                     management, compliance, and the Bank's strategic policies throughout
strategis Bank selama tahun 2025. Kami juga melakukan pengawasan                       2025. The Board of Commissioners also oversees the Board of Directors'
terhadap tindak lanjut Direksi atas temuan audit atau pemeriksaan dan                  follow-up on audit findings, examinations, and recommendations from the
rekomendasi dari satuan kerja audit intern Bank, auditor eksternal, dan                Bank's internal audit unit and external auditors, as well as the results of
hasil pengawasan Otoritas Jasa Keuangan.                                               supervision by the Financial Services Authority (OJK).

Sinergi dan kerja sama yang kuat antara Organ Utama dan Organ Pendukung                There is strong synergy and cooperation between the main and supporting
GCG dapat dibuktikan dari penyelenggaraan Rapat Umum Pemegang Saham                    organs of GCG in holding General Meetings of Shareholders (GMS), Board
(RUPS), Rapat Direksi, Rapat Dewan Komisaris, Rapat Gabungan, Rapat-Rapat              of Directors meetings, Board of Commissioners meetings, joint meetings,
Komite, termasuk pemeliharaan risalah rapat sebagai dokumen Bank. Selain               and committee meetings, as well as in maintaining meeting minutes as
itu, implementasi tugas dan tanggung jawab masing-masing Organ Bank                    bank documents. Furthermore, implementing the duties and responsibilities
juga meningkatkan kualitas penerapan praktik-praktik terbaik GCG.                      of each Bank Organ enhances the quality of GCG best practices.

Selama tahun buku 2025, anggota Dewan Komisaris telah menyelenggarakan                 During the 2025 fiscal year, the Board of Commissioners’ members held
rapat Dewan Komisaris sebanyak 12 kali yang diperkuat dengan rapat                     12 Board of Commissioners meetings and 12 joint meetings with the Board
gabungan dengan Direksi sebanyak 12 kali. Penyelenggaraan kedua rapat                  of Directors. These meetings complied with the requirements stipulated in
tersebut telah memenuhi ketentuan yang ditetapkan dalam POJK Penerapan                 the Financial Services Authority Regulation (POJK) on the Implementation
Tata Kelola bagi Bank Umum. Di samping itu, Dewan Komisaris juga                       of Good Corporate Governance for Commercial Banks. Additionally, the
menyelenggarakan rapat-rapat lainnya sesuai dengan ketentuan internal                  Board of Commissioners held other meetings in accordance with the bank's
Bank.                                                                                  internal regulations.

Dewan Komisaris mengoptimalkan rapat-rapat tersebut menjadi forum bagi                 The Board of Commissioners optimized these meetings as forums to discuss
Dewan Komisaris untuk melakukan pembahasan terhadap berbagai hal                       and address various matters related to the company's performance, including
terkait kinerja Perusahaan, antara lain Rencana Bisnis Bank (RBB), Rencana             the bank's business plan (RBB), the Bank's long-term plan (RJPP), and other
Jangka Panjang Bank (RJPP), dan Rencana Kerja lainnya yang disiapkan oleh              work plans prepared by the bank's board of directors. Other important
Direksi Bank. Hal penting lainnya yang menjadi pembahasan dalam rapat                  matters discussed in these joint meetings included achieving Corporate
gabungan tersebut antara lain pencapaian KPI Corporate dan Strategic                   KPIs and strategic initiatives, digital business performance, IT, risk management,
Initiatives, kinerja bisnis digital, TI, manajemen risiko, Human Capital, dan Audit.   human capital, and audit.

Dewan Komisaris juga memberikan apresiasi yang tinggi atas komitmen                    The Board of Commissioners also expressed its appreciation for the Bank's
terhadap pengembangan bisnis Bank dengan mempertimbangkan aspek                        commitment to developing its business by considering Environmental,
Environment, Social, and Governance (ESG). Hal ini dilakukan dalam rangka              Social, and Governance (ESG) aspects. This is executed by sustainably
meningkatkan kualitas bisnis Bank Raya secara berkelanjutan dengan                     improving the quality of Bank Raya's business by addressing these three
memperhatikan ketiga aspek tersebut sebagaimana yang tertuang dalam                    aspects, as outlined in the Sustainable Finance Action Plan (RKAB), which
Rencana Aksi Keuangan Berkelanjutan (RKAB) yang disusun setiap tahun                   is prepared annually as a demonstration of the Bank's commitment to
sebagai komitmen Bank dalam mengimplementasikan prinsip-prinsip                        implementing sustainable finance principles.
keuangan berkelanjutan.



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       Management Discussion and Analysis                 Good Corporate Governance               Sustainability Report                 Audited Financial Report




Dengan demikian, secara umum, Dewan Komisaris memandang bahwa                    In general, the Board of Commissioners believes that Bank Raya has made
Bank Raya telah berupaya menerapkan tata kelola dengan baik dan                  efforts to implement good and consistent governance. However, efforts to
konsisten. Meski demikian, beragam upaya untuk perbaikan governance              strengthen governance structures and processes must be intensified,
structure dan process perlu ditingkatkan, khususnya terkait dengan proses        especially regarding the ongoing transformation, Bank Raya's readiness
transformasi yang sedang berlangsung dan kesiapan kebijakan Bank Raya            as a digital bank, and its compliance with applicable banking regulations.
sebagai bank digital serta kepatuhannya terhadap regulasi perbankan
yang berlaku.


Pandangan Dewan Komisaris terhadap                                               Views of the Board of Commissioners on the Risk
Penerapan Risk Awareness                                                         Awareness Implementation

Dewan Komisaris mengapresiasi upaya Direksi dalam meningkatkan Risk              The Board of Commissioners appreciates the Board of Directors' efforts to
Awareness di lingkungan Bank Raya melalui berbagai inisiatif Perusahaan          increase risk awareness within Bank Raya through various initiatives to
secara berkelanjutan untuk memperkuat budaya risiko. Seperti melakukan           strengthen the company's risk culture. These initiatives include appointing
penunjukan Risk Champion di setiap Unit Kerja serta penyampaian risk             Risk Champions in each Work Unit and communicating risk awareness to
awareness kepada seluruh pekerja melalui berbagai media komunikasi               all employees through various internal communication channels, e-learning
internal, program E-Learning, simulasi bencana, dan kegiatan Sapa ERM            programs, disaster simulations, and the "Sapa ERM" activity, which serves as
sebagai forum interaktif antara Divisi Enterprise Risk Management dan            an interactive forum between the Enterprise Risk Management Division and
pekerja.                                                                         employees.

Penguatan implementasi manajemen risiko juga dilakukan melalui sosialisasi       Strengthening risk management implementation is also carried out through
dan control testing oleh Branch Risk Officer (BRO) dan penyelenggaraan           socialization and control testing by Branch Risk Officers (BRO), Raya Risk
Raya Risk Talks sebagai diskusi rutin terkait isu risiko dan tindak lanjutnya.   Talks, which regularly discuss risk issues and their Solving activity, socialization
Sosialisasi Perlindungan Data Pribadi serta peningkatan kompetensi Lini          of Personal Data Protection, and competency enhancement of First, Second,
Pertama, Lini Kedua, dan Lini Ketiga dalam rangka implementasi Internal          and Third Line personnel in the context of implementing Internal Control
Control over Financial Reporting (ICoFR).                                        over Financial Reporting (ICoFR).

Dewan Komisaris juga mengapresiasi Direksi terkait dengan implementasi           The Board of Commissioners also appreciates the Board of Directors' support
Internal Control over Financial Reporting (ICoFR) yang bertujuan agar            for the implementation of Internal Control over Financial Reporting (ICoFR),
proses pelaporan keuangan di Bank Raya dilaksanakan secara berintegritas         which aims to ensure that the Financial Reporting Process at Bank Raya is
untuk memastikan kebenaran, keakuratan, serta transparansi informasi             carried out with integrity, ensuring the truth, accuracy, and transparency
keuangan dan laporan keuangan yang berlaku.                                      of financial information and applicable financial reports.

Selain itu, Perusahaan menyelenggarakan Seminar Environmental, Social,           Furthermore, the Company held a hybrid Environmental, Social, and
and Governance (ESG) secara hybrid dengan melibatkan Direksi, Komisaris,         Governance (ESG) Seminar involving the Board of Directors, Commissioners,
serta pimpinan Unit Kerja sebagai bagian dari komitmen terhadap penerapan        and Senior leaders as part of its commitment to implementing sustainable
tata kelola dan keuangan berkelanjutan.                                          governance and finance.

Terakhir, Dewan Komisaris memberikan apresiasi atas upaya Direksi dalam          Finally, the Board of Commissioners expressed its appreciation for the efforts
rangka melindungi Bank dari potensi risiko yang dapat berdampak terhadap         of the Board of Directors in protecting the Bank from potential risks that
keberlangsungan usaha, reputasi, dan kepatuhan terhadap ketentuan                could impact business continuity, reputation, and compliance with applicable
yang berlaku, serta memastikan penerapan manajemen risiko dan                    regulations, and in ensuring the implementation of effective and sustainable
pengendalian internal yang efektif dan berkesinambungan.                         risk management and internal controls.


Penilaian atas Kinerja Komite di Bawah                                           Assessment of the Performance of Committees
Dewan Komisaris                                                                  Reporting to the Board of Commissioners
Sebagaimana ditetapkan dalam Anggaran Dasar dan Piagam Dewan                     In accordance with the Articles of Association and the Board of Commissioners'
Komisaris, Dewan Komisaris telah melaksanakan kewenangan untuk membentuk         Charter, the Board of Commissioners has the authority to establish committees
Komite yang bertanggung jawab kepada Dewan Komisaris dalam rangka                that report to it and assist in the implementation of its duties. The three
membantu pelaksanaan tugas Dewan Komisaris. Komite yang dimaksud                 committees are the Audit Committee, the Remuneration and Nomination
adalah Komite Audit, Komite Remunerasi dan Nominasi, dan Komite Pemantau         Committee, and the Risk Monitoring Committee. We believe these three
Risiko. Kami berpandangan bahwa ketiga komite tersebut telah menjalankan         Committees have performed their roles effectively, offering valuable insights
tugas dan tanggung jawabnya dengan baik, antara lain memberikan masukan          for the Board of Commissioners' oversight responsibilities. Furthermore, the
penting bagi pelaksanaan fungsi pengawasan oleh Dewan Komisaris. Selain          Board of Commissioners has actively participated in committee meetings,
itu, partisipasi aktif dan penyelenggaraan rapat masing-masing komite yang       resulting in recommendations that provide guidance and counsel to the
menghasilkan rekomendasi telah digunakan oleh Dewan Komisaris sebagai            Board of Directors.
arahan dan nasihat kepada Direksi.

Komite Audit telah membantu Dewan Komisaris dalam memantau dan                   The Audit Committee has supported the Board of Commissioners in
memastikan efektivitas sistem pengendalian internal dan pelaksanaan              overseeing and confirming the functionality of the internal control framework
tugas auditor internal dan auditor eksternal. Hal ini dilakukan dengan           and the execution of responsibilities by both internal and external auditors.
melakukan pemantauan dan evaluasi atas perencanaan dan pelaksanaan               This support involves reviewing and assessing audit strategies and their
audit dalam rangka menilai kecukupan pengendalian internal, termasuk             execution to evaluate the sufficiency of internal controls, which encompasses
proses pelaporan keuangan. Selain itu, peran aktif komite ini diwujudkan         the financial reporting process. Additionally, the committee's proactive
melalui penyelenggaraan rapat sebanyak 17 kali selama tahun 2025,                involvement is evident in its 17 meetings held throughout 2025, exceeding
yang lebih baik dibandingkan dengan ketentuan minimal rapat komite               the basic requirement of quarterly meetings as outlined in the POJK on
ini, yakni sekali dalam 1 bulan, sebagaimana diatur dalam POJK Penerapan         Governance Implementation for Commercial Banks.
Tata Kelola bagi Bank Umum.



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        Performance Highlights                   Management Report                     Company Profile                       Overview of Business Support Units




Selanjutnya, Komite Remunerasi dan Nominasi telah membantu Dewan                 Additionally, the Remuneration and Nomination Committee has supported
Komisaris dalam pelaksanaan fungsi dan tugas terkait remunerasi dan              the Board of Commissioners in fulfilling its roles regarding compensation
nominasi terhadap anggota Direksi dan anggota Dewan Komisaris. Partisipasi       and the selection of members from both the Board of Directors and the
aktif lainnya ditunjukkan dengan penyelenggaraan rapat sebanyak 8 kali           Board of Commissioners. Their involvement is further highlighted by
selama tahun 2025 atau lebih banyak dibandingkan dengan ketentuan                conducting 8 meetings throughout 2025, which is more than the required
minimal rapat komite ini, yakni sekali dalam 3 bulan.                            minimum of meetings every three months.

Terakhir, Komite Pemantau Risiko juga telah membantu Dewan Komisaris             Moreover, the Risk Monitoring Committee has assisted the Board of
dalam memantau pelaksanaan manajemen risiko yang disusun oleh Direksi            Commissioners in overseeing the execution of the risk management
serta menilai toleransi risiko yang dapat diambil oleh Bank Raya. Kontribusi     framework established by the Board of Directors and in evaluating Bank
komite ini juga diwujudkan melalui penyelenggaraan rapat sebanyak 20             Raya's risk appetite. This committee’s effectiveness is also reflected in its
kali selama tahun 2025, lebih banyak dibandingkan dengan ketentuan               scheduling of 20 meetings in 2025, exceeding the minimum expectation
minimal rapat komite ini, yakni 1 kali dalam 1 bulan.                            of meeting every month.

Penjelasan lebih lanjut terkait ketiga komite ini dapat dilihat di Bab GCG,      For additional information regarding these three committees, please refer
Bagian Komite di bawah Dewan Komisaris.                                          to the GCG section found under Committees within the Board of Commissioners.


Pandangan atas Prospek Usaha yang Disusun Direksi dan Dasar Pertimbangannya
Board of Commissioners’ View of Business Prospects and Its Considerations

Dewan Komisaris memandang positif optimisme prospek usaha beserta                The Board of Commissioners acknowledges the positive outlook for business
berbagai kebijakan strategis yang telah ditetapkan dan akan                      prospects as well as the various strategic initiatives that the Board of Directors
diimplementasikan oleh Direksi pada tahun mendatang. Hal ini sejalan             has put in place and plans to roll out in the upcoming year. This is in line
dengan milestone yang tertuang dalam Rencana Bisnis Bank yang                    with the aim set forth in the Bank's Business Plan, which highlights 2026 as
menitikberatkan tahun 2026 sebagai periode di mana Bank Raya akan                a destination statement for Bank Raya to exploit a new engine for growth.
melakukan eksplorasi mesin pertumbuhan baru. Dalam hal ini, Bank                 Consequently, the Bank aims to achieve notable advancements in its digital
menargetkan peningkatan signifikan dalam portofolio digital.                     offerings.

Optimisme ini didukung oleh berbagai keunggulan kompetitif Bank Raya,            This sense of optimism is supported by Bank Raya's numerous competitive
antara lain Bank Digital dengan kepemilikan jaringan O2O (Online to              strengths, including its Digital Bank, the status of the owner of the largest
Offline) terluas di Indonesia dan posisi strategis sebagai digital attacker di   O2O (Online to Offline) network in Indonesia, and its role as a digital attacker
dalam BRI Group. Faktor tersebut memperkuat pencapaian potensi pasar             within the BRI Group. These elements enhance the market viability of current
dari produk eksisting di dalam dan di luar ekosistem BRI Group serta             products both inside and outside the BRI Group ecosystem and create
memperluas potensi bisnis digital yang baru di kedua target pasar tersebut       opportunities for new digital enterprises in targeted markets. Additionally,
di samping terus mengembangkan produk digital sektor produktif, khususnya        there is an ongoing effort to enhance digital products for the productive
segmen mikro dan kecil.                                                          sector, with a particular focus on micro and small businesses.

Dewan Komisaris meyakini target tahun 2026 sebagaimana yang ditetapkan           The Board of Commissioners believes that the 2026 goals outlined in Bank
dalam Rencana Bisnis Bank (RBB) Bank Raya akan mampu diraih dengan               Raya's Bank Business Plan will be met by expanding digital lending,
melakukan akselerasi pertumbuhan digital loan dengan underlying                  supported by the BRI Group ecosystem. In addition, regarding the RBB, we
ekosistem BRI Group. Selanjutnya, terkait dengan RBB tersebut, kami              advise Bank Raya to uphold robust business and operational practices,
menyarankan agar Bank Raya senantiasa menjaga aspek bisnis dan                   strengthen execution strategies, improve employee skills, enhance technology,
operasional secara sehat, memperkuat eksekusi atas strategi yang telah           and diligently apply governance, risk, and compliance measures throughout
ditetapkan, meningkatkan kompetensi human capital, memperkuat di                 all current directorates.
bidang teknologi serta menerapkan governance, risk and compliance
(GRC) secara konsisten di seluruh direktorat yang ada.




Perubahan Komposisi Dewan Komisaris Tahun Buku 2025
Changes to The Composition of the Board of Commissioners in Fiscal Year 2025


Komposisi Dewan Komisaris Berubah Sejalan                                        No Changes in the Composition of the Board of
Dengan Keputusan RUPS                                                            Commissioners
Dewan Komisaris melaporkan bahwa tidak terdapat perubahan susunan                The Board of Commissioners reports that its composition remained unchanged
anggota Dewan Komisaris selama tahun buku 2025. Sehubungan dengan                during the 2025 financial year. The following table shows the composition
hal tersebut, tabel berikut ini menjelaskan susunan Dewan Komisaris per          of the Board of Commissioners as of December 31, 2025:
31 Desember 2025:




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       Management Discussion and Analysis             Good Corporate Governance                   Sustainability Report                 Audited Financial Report




                                                                     31 Desember 2025                                       31 Desember 2024
                                                                     December 31, 2025                                      December 31, 2024

 Komisaris Utama                                        Muhamad Sidik Heruwibowo                         Muhamad Sidik Heruwibowo
 President Commissioner
 Komisaris Independen                                   Retno Wahyuni Wijayanti                          Retno Wahyuni Wijayanti
 Independent Commissioner
 Komisaris Independen                                   Johanes Kuntjoro Adisardjono                     Johanes Kuntjoro Adisardjono
 Independent Commissioner
 Komisaris                                              Nyimas Dewi Ratih Kamil                          Nyimas Dewi Ratih Kamil
 Commissioner




Dengan jajaran Dewan Komisaris saat ini, kami tetap menjaga komitmen              The current Board of Commissioners is committed to collaborating closely
untuk bersama-sama menjalankan fungsi pengawasan Bank serta                       to carry out the Bank's supervisory function, including GCG oversight, and
pengawasan GCG dan pemberian nasihat kepada Direksi sehingga                      to providing advice to the Board of Directors. This will help us achieve targets
diharapkan mampu mencapai target yang sejalan dengan visi dan misi                aligned with Bank Raya's vision and mission.
Bank Raya.




Penutup
Closing

Dewan Komisaris memberikan apresiasi kepada seluruh jajaran Direksi               The Board of Commissioners would like to express its appreciation to the
dan segenap insan Bank Raya atas kerja keras dan dedikasinya, sehingga            entire Board of Directors and all Bank Raya employees for their hard work
Bank Raya dapat merespons dinamika yang terjadi di lingkungan ekonomi             and dedication. Thanks to their efforts, Bank Raya was able to respond to
dan bisnis selama tahun 2025 serta perbaikan di segala aspek.                     the dynamics of the economic and business environment throughout 2025
                                                                                  and improvement in all aspects.

Dewan Komisaris meyakini pencapaian tahun 2025 mampu ditingkatkan                 The Board of Commissioners believes that Bank Raya's achievements in
di tahun mendatang dengan mengoptimalkan keunggulan kompetitif                    2025 can be improved upon in the coming year by optimizing existing
yang dimiliki, serta sinergi dan dukungan yang kuat dari BRI Group, dan           competitive advantages, fostering strong synergy, and securing ongoing
melalui strategi eksploitasi dan eksplorasi di ekosistem BRI Group maupun         support from the BRI Group. Additionally, we must explore opportunities
ekosistem digital lainnya secara berkelanjutan. Oleh karena itu, Dewan            beyond the BRI Group ecosystem. Therefore, the Board of Commissioners
Komisaris mengharapkan Direksi dan seluruh Raya Rangers untuk terus               expects the Board of Directors and all Raya Rangers to continue their best
melanjutkan upaya terbaik untuk mencapai tujuan Bank Raya berdasarkan             efforts to achieve the Bank's goals based on the business strategy outlined
strategi bisnis sebagaimana tertuang dalam Rencana Bisnis Bank.                   in the Business Plan.

Kami juga mengucapkan terima kasih kepada para pemegang saham,                    We also thank our shareholders, customers, partners, and all stakeholders
nasabah, mitra, dan seluruh pemangku kepentingan atas kepercayaan                 for their trust and support. This has enabled the Bank to provide added
dan dukungan yang memungkinkan Bank untuk memberikan nilai tambah                 value to stakeholders while contributing to the Indonesian economy,
bagi para pemangku kepentingan sambil berkontribusi pada ekonomi                  particularly the MSME sector, through digital banking services.
Indonesia, khususnya sektor UMKM, melalui layanan perbankan digital.

Terakhir, Dewan Komisaris mengucapkan terima kasih kepada seluruh                 Finally, the Board of Commissioners wishes to express appreciation to all
regulator atas dukungan yang tiada henti kepada industri perbankan                regulators for their sustained support of the banking sector, including Bank
termasuk Bank Raya.                                                               Raya.




                                                            Atas Nama Dewan Komisaris
                                                       On Behalf of the Board of Commissioners




                                                             Muhamad Sidik Heruwibowo
                                                                  Komisaris Utama
                                                               President Commissioner




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     Ikhtisar Kinerja              Laporan Manajemen           Profil Perusahaan     Tinjauan Pendukung Bisnis
     Performance Highlights        Management Report           Company Profile       Overview of Business Support Units




                                                  Nyimas Dewi Ratih Kamil          Johanes Kuntjoro Adisardjono
                                                         Komisaris                      Komisaris Independen
                                                       Commissioner                  Independent Commissioner




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  Management Discussion and Analysis   Good Corporate Governance         Sustainability Report                Audited Financial Report




Muhamad Sidik Heruwibowo                           Retno Wahyuni Wijayanti
      Komisaris Utama                                  Komisaris Independen
   President Commissioner                           Independent Commissioner



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     Ikhtisar Kinerja              Laporan Manajemen     Profil Perusahaan       Tinjauan Pendukung Bisnis
     Performance Highlights        Management Report     Company Profile         Overview of Business Support Units




Laporan Direksi
Report of The Board of Directors




                                                                 Pada tahun 2025 yang penuh
                                                            tantangan ini, kami tetap konsisten
                                                        untuk mengembangkan bisnis utama
                                                             Bank Raya yaitu bisnis perbankan
                                                       digital, melalui optimalisasi keunggulan
                                                             kompetitif Bank Raya serta sinergi
                                                          bisnis di dalam ekosistem BRI Group
                                                                 dan ekosistem digital lainnya.
                                                       In the challenging year of 2025, we remain
                                                        consistent in developing Bank Raya's core
                                                               business, namely digital banking, by
                                                               optimizing Bank Raya's competitive
                                                        advantages and business synergies within
                                                        the BRI Group ecosystem and other digital
                                                                                       ecosystems.




                                                                                Ida Bagus Ketut
                                                                                       Subagia
                                                                                             Direktur Utama
                                                                                           President Director




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       Management Discussion and Analysis                 Good Corporate Governance              Sustainability Report                 Audited Financial Report




Pemegang Saham dan Pemangku                                                      Our Esteemed Shareholders and
Kepentingan yang terhormat,                                                      Stakeholders,

Perekonomian global tumbuh stabil meski mengalami perlambatan. Hal               The global economy grew at a stable yet moderating pace, influenced by
ini dipengaruhi oleh ketidakpastian akibat eskalasi geopolitik di beberapa       heightened uncertainty stemming from geopolitical tensions in several
kawasan serta perang dagang dan penerapan tarif resiprokal oleh Amerika          regions, as well as trade wars and the implementation of reciprocal tariffs
Serikat pada tahun 2025. Sejalan dengan kondisi tersebut, Produk Domestik        imposed by the United States in 2025. In line with these conditions, Indonesia’s
Bruto (PDB) Indonesia tahun 2025 tumbuh relatif stabil pada kisaran 5,11%,       Gross Domestic Product (GDP) grew relatively stable at 5.11% in 2025,
didukung oleh masih kuatnya konsumsi rumah tangga, investasi yang                supported by robust household spending, rising investment, optimal
meningkat, belanja pemerintah yang optimal, serta ekspor yang stabil.            government spending, and stable exports.

Di tengah tantangan tersebut, PT Bank Raya Indonesia Tbk (Bank Raya              Amid, these challenges, PT Bank Raya Indonesia Tbk (Bank Raya, or the
atau Bank atau Perseroan atau Perusahaan) mampu mengoptimalkan                   Bank, or the Corporation, or the Company) has managed to leverage its
keunggulan kompetitif yang dimilikinya sebagai digital attacker PT Bank          competitive advantage as a digital attacker of PT Bank Rakyat Indonesia
Rakyat Indonesia (Persero) Tbk (BRI) dalam menjalankan bisnisnya sehingga        (Persero) Tbk (BRI) in its business operations to survive in uncertain situations.
dapat bertahan di tengah situasi yang fluktuatif.

Sehubungan dengan hal tersebut, menjadi suatu kehormatan bagi kami               It is an honor for us, Bank Raya’s Board of Directors, to present our annual
selaku Direksi Bank Raya dapat menyampaikan laporan tahunan dan                  report and sustainability report as a form of accountability for the Bank's
laporan berkelanjutan sebagai bentuk pertanggungjawaban kami atas                management through 2025.
pengelolaan Bank selama tahun 2025.




Tinjauan Lingkungan Ekonomi
Economic Environment Review

Ketidakpastian Ekonomi Dunia Akibat                                              Global Economic Uncertainty Driven by
Ketegangan Geopolitik dan Pengenaan Tarif                                        Geopolitical Strains and Tariffs Imposed by the
Resiprokal oleh Amerika Serikat                                                  United States

Lanskap ekonomi dunia pada tahun 2025 diwarnai oleh ketidakpastian               The global economic landscape in 2025 was marked by high uncertainty
yang tinggi akibat tantangan geopolitik akibat belum usainya konflik Rusia       due to geopolitical challenges, including the ongoing Russia and Ukraine
dan Ukraina dan ketegangan politik di kawasan Timur Tengah. Selain itu,          conflict and political tensions in the Middle East. Furthermore, pressure arises
tekanan juga berasal dari perang dagang yang dipicu oleh kebijakan               from the trade war initiated by the policies of United States (US) President
Presiden Amerika Serikat (AS) Donald Trump, melalui pengenaan tarif              Donald Trump, which included the enactment of a blanket 10% import
impor universal sebesar 10% atas seluruh barang yang masuk ke AS serta           tariff on all goods arriving in the US and the establishment of elevated
penerapan tarif resiprokal yang tinggi terhadap 57 negara mitra dagang.          reciprocal tariffs on 57 partner nations

Beragam tantangan tersebut berdampak pada meningkatnya ketidakpastian            These challenges have led to heightened uncertainty in global financial
pasar keuangan global, diantaranya fluktuasi aliran modal ke emerging market     markets, including volatile capital flows to emerging markets, which have
yang turut mendorong pelemahan berbagai berbagai mata uang terhadap              contributed to the depreciation of various currencies against the US Dollar.
Dolar Amerika Serikat. Selain itu, pergeseran aliran modal global ke komoditas   In addition, the shift of global capital toward gold commodities and US
emas dan aset keuangan AS sebagai safe haven assets juga terus berlanjut.        financial assets as safe-haven instruments also has continued.

Akibatnya, menurut Organisation for Economic Co-operation and                    According to the Organisation for Economic Co-operation and Development
Development (OECD) dan World Bank, ekonomi dunia tumbuh melambat                 (OECD) and the World Bank, these challenges have slowed global economic
menjadi 3,2% dan 2,7%. Sementara itu, International Monetary Fund (IMF)          growth to 3.2% and 2.7%, respectively. Meanwhile, the International Monetary
berpendapat ekonomi dunia tumbuh stagnan sebesar 3,3%.                           Fund (IMF) predicts that the global economy will grow at a stagnant rate of
                                                                                 3.3%.


Konsumsi Rumah Tangga serta Perdagangan                                          Enhanced Household Spending and Rising Exports
Menjadi Katalis Pertumbuhan Ekonomi                                              and Imports Drive Economic Growth

Di tengah tantangan yang terjadi pada perekonomian global, ekonomi               In the face of difficulties affecting the worldwide economy, Indonesia's
Indonesia tahun 2025 mampu tumbuh sebesar 5,11% YoY, meningkat                   economy grew by 5.11% YoY in 2025, up from 5.03% YoY the previous year.
dibandingkan tahun lalu yang sebesar 5,03% YoY. Meski menghadapi                 Even with the strain on purchasing power, household consumption expenses
tekanan pada daya beli, pengeluaran konsumsi rumah tangga tetap                  increased by 5.30% YoY, up from 4.43% YoY the prior year. This accomplishment
tumbuh sebesar 5,30% YoY, dibandingkan 4,43% YoY pada tahun sebelumnya.          is partially backed by financial support aimed at sustaining public purchasing
Capaian ini antara lain didukung oleh subsidi fiskal yang diberikan untuk        capacity.
menjaga kemampuan belanja masyarakat.

Sementara dari sisi produksi, penyumbang utama pertumbuhan ekonomi               Simultaneously, regarding production side, the key drivers of economic
adalah Industri Pengolahan, Perdagangan, Pertanian, dan Konstruksi. Hal          growth are the Manufacturing Sector, Trade, Agriculture, and Construction.
ini antara lain didorong oleh membaiknya kinerja industri penghasil              This is partly fueled by the enhanced performance of sectors generating
komoditas ekspor seperti CPO dan logam dasar, serta meningkatnya                 export products like CPO and base metals, along with a rise in the output
produksi tanaman pangan, peternakan, dan perikanan.                              of food crops, livestock, and fisheries.


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        Ikhtisar Kinerja                         Laporan Manajemen                    Profil Perusahaan                   Tinjauan Pendukung Bisnis
        Performance Highlights                   Management Report                    Company Profile                     Overview of Business Support Units




Pertumbuhan ekonomi berdasarkan pengeluaran disumbang oleh kontributor          Expenditure-based economic growth is propelled by key factors, specifically
utamanya yaitu Konsumsi Rumah Tangga dan Pembentukan Modal Tetap                Household Consumption and Gross Fixed Capital Formation (GFCF). Both
Bruto (PMTB). Keduanya masih menjadi penyumbang utama PDB pada tahun            continue to be the primary contributors to GDP in 2025, accounting for a
2025, dengan akumulasi kontribusi sebesar 82,65%. Penyumbang lain terhadap      total contribution of 82.65%. Exports, which increased by 7.03% from the
pertumbuhan ekonomi adalah ekspor, yang tumbuh sebesar 7,03% YoY.               previous year, are another factor in economic growth. The rise in export
Pertumbuhan ekspor didorong oleh kenaikan nilai ekspor barang nonmigas          growth was fueled by higher values of non-oil and gas goods and services.
serta ekspor jasa. Kinerja ekspor yang kuat ini berhasil menghasilkan surplus   This robust export achievement led to a trade surplus of US$41.05 billion,
neraca perdagangan sebesar US$41,05 miliar, meningkat 31,03% YoY.               reflecting a 31.03% increase compared to the previous year

Investasi yang direfleksikan melalui PMTB juga berperan penting terhadap        Investment, as indicated by GFCF, plays an essential role in the Indonesia’s
ekonomi Indonesia. PMTB tumbuh 5,09% yoy pada tahun 2025, meningkat             economy. GFCF grew by 5.09% YoY in 2025, up from 4.61% the previous
dibandingkan 4,61% pada tahun sebelumnya. Capaian ini ditopang oleh             year. This expansion is backed by actual investments totaling Rp1,931.2
realisasi investasi yang mencapai Rp1.931,2 triliun, tumbuh 12,66% YoY          trillion, reflecting a yoy growth of 12.66%, according to the Ministry of
berdasarkan data Kementerian Investasi/Badan Koordinasi Penanaman               Investment/Investment Coordinating Board (BKPM). While this figure is less
Modal (BKPM). Meski lebih rendah dari kenaikan tahun 2024, realisasi            than the increase recorded in 2024, the actual investment for 2025 surpassed
investasi tahun 2025 tersebut berhasil melampaui target sebesar Rp1.905,6       the target of Rp1,905.6 trillion.
triliun.

Sepanjang tahun 2025, wilayah Jawa dan Sulawesi tumbuh di atas                  Throughout 2025, Java and Sulawesi will grow above national economic
pertumbuhan ekonomi nasional. Pertumbuhan ekonomi di Jawa sebesar               growth. Java's economic growth will reach 5.30% year-on-year, with the
5,30% yoy dengan sumber pertumbuhan utama pada industri pengolahan,             main growth sources being the manufacturing industry, trade, and information
perdagangan dan infokom. Pertumbuhan ekonomi di Sulawesi sebesar                and communication industries. Sulawesi's economic growth will reach
6,23% yoy dengan sumber pertumbuhan utama pada industri pengolahan,             6.23% year-on-year, with the main growth sources being the manufacturing
pertanian dan perdagangan.                                                      industry, agriculture, and trade.


Pengendalian Inflasi Diikuti dengan Penurunan                                   Inflation Control Followed by a Reduction in the
Suku Bunga Acuan                                                                Benchmark Interest Rate

Bank Indonesia (BI) melakukan penyesuaian terhadap suku bunga acuan             The central bank gradually lowered the BI Rate, with a cumulative reduction
dengan menurunkan BI Rate secara bertahap, hingga secara kumulatif              of 125 basis points to 4.75% as of September 2025, and maintained it
sebesar 125 bps menjadi 4,75% per September 2025 dan dipertahankan              through the end of the year. This policy was implemented as part of
sampai akhir tahun. Kebijakan ini ditempuh sebagai bagian dari upaya            coordinated efforts to stimulate economic growth while maintaining the
bersama untuk mendorong pertumbuhan ekonomi sekaligus menjaga                   Rupiah’s exchange rate stability in line with its fundamentals.
stabilitas nilai tukar Rupiah sesuai dengan fundamentalnya.

Inflasi per Desember 2025 mencapai 2,92% atau lebih tinggi dibandingkan         As of December 2025, inflation stood at 2.92%, which was higher than the
sebesar 1,57% pada tahun sebelumnya. Meski demikian, capaian inflasi            previous year's 1.57%. Nevertheless, this inflation rate remained within BI's
tersebut masih dalam sasaran BI sebesar 2,5+1%.                                 target range of 2.5+1%.




Tinjauan Lingkungan Bisnis
Business Environment Review


Kredit Tumbuh Melambat dengan Prospek                                           Loan Growth Slows, With Growth Prospects
Pertumbuhan Didukung Rasio Permodalan yang                                      Supported by Maintained Capital Adequacy Ratios
Masih Terjaga

Tantangan yang dihadapi ekonomi dunia yang berdampak pada                       The challenges facing the global economy, which impact Indonesia's GDP
pertumbuhan PDB Indonesia turut memengaruhi penyaluran kredit pada              growth, will also affect credit loan disbursement in 2025. Based on data
tahun 2025. Berdasarkan data Otoritas Jasa Keuangan (OJK), industri             from the Financial Services Authority (OJK), the banking industry recorded
perbankan mencatatkan pertumbuhan kredit sebesar 9,46% yoy pada                 loan growth of 9.46% yoy in 2025, lower than the 10.52% yoy growth at
tahun 2025, lebih rendah apabila dibandingkan dengan akhir tahun                the end of the previous year. Despite the slowdown in loan growth, the
sebelumnya sebesar 10,52% yoy. Di tengah perlambatan pertumbuhan                total assets of Commercial Banks rose by 9.51% yoy in 2025, up from 9.04%
kredit ini, total aset Bank Umum tumbuh sebesar 9,51% yoy pada tahun            the previous year. In 2025, total loan disbursement and total assets recorded
2025 dari sebesar 9,04% yoy pada tahun sebelumnya. Total penyaluran             by Commercial Banks reached Rp8,693.97 trillion and Rp13,646.42 trillion,
kredit dan total aset yang dibukukan oleh Bank Umum mencapai                    respectively.
Rp8.693,97 triliun dan Rp13.646,42 triliun pada tahun 2025.

Penyaluran kredit tahun 2025 tersebut ditopang dengan penghimpunan              The Loan disbursement in 2025 was supported by third-party funds (TPF),
dana pihak ketiga (DPK) yang mencapai Rp10.057,54 triliun. Capaian ini          which reached Rp10.057,54 trillion. This achievement represents a 13.83%
dibandingkan tahun 2024 berhasil tumbuh lebih tinggi sebesar 13,83%             yoy growth compared to 2024. Of the total TPF, low-cost TPF, consisting of
yoy. Dari total DPK tersebut, DPK berbiaya murah yang terdiri dari giro dan     current accounts and savings accounts (CASA), grew by 13.57% to Rp6,359.97
tabungan (CASA) mampu tumbuh sebesar 13,57% menjadi Rp6.359,97                  trillion in 2025. This CASA growth was higher than the 6.50% yoy growth
triliun pada tahun 2025. Pertumbuhan CASA ini lebih tinggi dibandingkan         recorded in the previous year.
sebesar 6,50% yoy pada tahun sebelumnya.




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       Management Discussion and Analysis                  Good Corporate Governance               Sustainability Report                 Audited Financial Report




Pertumbuhan kredit pada tahun 2025 didukung oleh struktur permodalan               Loan growth in 2025 was supported by a strong capital structure, with a
yang kuat dengan rasio KPMM sebesar 25,89 % pada tahun 2025. Hal ini               CAR of 25.89% in 2025. This indicates a strong prospect for future credit
menunjukkan prospek pertumbuhan kredit di masa mendatang yang masih                growth. Furthermore, banking funding growth, which outpaced credit
kuat. Selain itu, simpanan perbankan yang mampu tumbuh lebih kuat                  growth, led to a decline in the LDR ratio to 85.37% in 2025, compared to
dibandingkan kenaikan kredit menyebabkan rasio LDR turun menjadi                   85.37% in the previous year.
85,37% pada tahun 2025 dibandingkan sebesar 85,37% pada akhir tahun
sebelumnya.

Selanjutnya, meski menghadapi penurunan suku bunga acuan dan                       Moreover, in spite of experiencing a decrease in benchmark interest rates
perlambatan pertumbuhan kredit, Bank Umum melaporkan capaian rasio                 and a slowdown in loan disbursement, Commercial Banks revealed a Net
NIM sebesar 4,72% pada tahun 2025. Capaian rasio ini lebih tinggi                  Interest Margin (NIM) ratio of 4.72% in 2025. This ratio exceeds the 4.62%
dibandingkan sebesar 4,62% pada akhir tahun sebelumnya. Selain itu,                reached at the conclusion of the prior year. Additionally, the banking sector
industri perbankan mampu menunjukkan peningkatan efisiensi operasional             showed enhanced operational efficiency, reflected by a reduction in the
yang ditunjukkan dengan perbaikan rasio BOPO menjadi 72,96% dari                   BOPO ratio to 72.96% from 81.34% in 2024.
81,34% pada tahun 2024.

Selanjutnya, sejalan dengan pertumbuhan aset yang lebih tinggi                     Additionally, due to higher asset growth compared to the current year's
dibandingkan laba tahun berjalan sebelum pajak, rasio ROA Bank Umum                profit before tax, the ROA ratio of Commercial Banks fell to 2.53% in 2025,
berkurang menjadi 2,53% pada tahun 2025, lebih rendah dibandingkan                 down from 2.68% the year before.
dengan 2,68% pada tahun sebelumnya.




Penguatan Ekonomi dan Pembayaran Digital                                           Strengthening the Economy and Digital Payments
Berkontribusi Terhadap Permintaan Layanan                                          Contributes to Demand for Digital Banking Services
Perbankan Digital

Capaian ekonomi digital Indonesia yang tumbuh 14% yoy menjadi US$71                As reported by the e-Conomy SEA 2025 Report from Google, Temasek,
miliar pada tahun 2025 sebagaimana yang dilaporkan oleh Laporan                    and Bain and Company, Indonesia's digital economy grew 14% yoy,
e-Conomy SEA 2025 yang yang disusun oleh Google, Temasek, dan Bain                 reaching a total of US$71 billion in 2025. This growth has favorably influenced
& Company berdampak positif terhadap peningkatan pembayaran digital.               the rise in digital payment methods. Bank Indonesia (BI) reported that the
BI melaporkan nilai transaksi yang dilakukan melalui kanal pembayaran              value of transactions conducted through individual payment channels
individu (proprietary channel) berupa mobile banking dan internet banking          (proprietary channels) in the form of mobile banking and internet banking
mencapai Rp87.866 triliun.                                                         reached Rp87,866 trillion.

Peningkatan nilai transaksi ini ditopang dengan pertumbuhan volume                 This increase in transaction value was supported by transaction volume
transaksi sebesar sekitar 41,12% yoy menjadi sekitar 4,66 miliar transaksi.        growth of approximately 41.12% year-on-year to approximately 4.66 billion
Dari total nilai transaksi tersebut, transaksi internet banking mencapai           transactions. Of this total transaction value, internet banking transactions
Rp64.788,64 triliun. Selain itu, nilai transaksi SMS/Mobile Banking tumbuh         reached Rp64,788.64 trillion. Furthermore, SMS/Mobile Banking transaction
signifikan menjadi Rp23.077,47 triliun sepanjang 2025. Secara kumulatif,           value grew significantly to Rp23,077.47 trillion throughout 2025. Cumulatively,
kontribusi nilai transaksi dari internet banking dan SMS/Mobile Banking            internet banking and SMS/Mobile Banking contributed 73.5% and 26.5%
masing‑masing sebesar sebesar 73,5% dan 26,5%.                                     of transaction value, respectively.




Analisis Kinerja Perusahaan
Company Performance Analysis

Merancang Strategi Perusahaan yang Didukung                                        Designing a Corporate Strategy Supported by Four
Empat Pilar Segmen Bisnis untuk Penciptaan                                         Pillars of Business Segments to Create Sustainable
Pertumbuhan Berkelanjutan dan Peningkatan                                          Growth and Increase Competitiveness
Daya Saing
Berpedoman pada visi Bank untuk menjadi “Bank Digital Utama yang                   Aligned by the Bank's vision to become "The Leading Digital Bank Providing
Memberikan Solusi Keuangan Digital dengan Akses Terluas bagi Masyarakat            Digital Financial Solutions with the Widest Access for the Indonesian People,"
Indonesia”, Bank Raya telah merancang suatu Rencana Perusahaan yang                Bank Raya has designed a Corporate Plan that supports the Company's
mendukung komitmen Perseroan menuju pertumbuhan berkelanjutan dan                  commitment to sustainable growth and increased competitiveness in the
peningkatan daya saing di era digital. Dalam strategi perusahaan tersebut,         digital era. The Company's strategy focuses on enhancing the key pillars
dilakukan upaya penguatan pilar utama segmen bisnis yang diiringi dengan           of the business sector, alongside advancements and enhancements of
perbaikan dan pengembangan berbagai enabler pendukung operasional                  diverse enablers that facilitate the Company's functions
perusahaan.

Penguatan 4 (empat) pilar segmen bisnis yaitu digital productive, digital          Strengthening the 4 (four) pillars of business segments, namely the digital
consumptive, funding & transaction, dan value chain business, dilakukan            productive, digital consumptive, funding & transaction, and value chain business
melalui implementasi strategi Eksploitasi potensi bisnis produk digital existing   pillars, is carried out through the implementation of the strategy of Exploiting
Bank Raya baik di dalam maupun di luar ekosistem BRI Group (Exploit                the business potential of Bank Raya's existing digital products both inside and
Market Potential), dan Eksplorasi Peluang Pertumbuhan Bisnis Digital (Explore      outside the BRI Group ecosystem (Exploit Market Potential), and Exploring
Digital Business Opportunity) melalui kolaborasi dan partnership dengan            Digital Business Growth Opportunities (Explore Digital Business Opportunity)
ekosistem bisnis digital baru.                                                     through collaboration and partnership with new digital business ecosystems.



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        Ikhtisar Kinerja                        Laporan Manajemen                    Profil Perusahaan                     Tinjauan Pendukung Bisnis
        Performance Highlights                  Management Report                    Company Profile                       Overview of Business Support Units




Selain itu, Bank Raya juga telah menyiapkan penguatan lima enabler             In addition, Bank Raya has also prepared to strengthen five business support
pendukung bisnis yang terdiri dari Building Brand Value, Hybrid Network        enablers: Building Brand Value, Hybrid Network Distribution, Human Capital-
Distribution, Centric Human Capital Organization Capability, Resilient         Centric Organization Capability, Resilient Technological Support, and Strong
Technological Support, dan Strong Governance, Risk Management, and             Governance, Risk Management, and Compliance. Strengthening these
Compliance. Penguatan kelima enabler pendukung bisnis tersebut menjadi         five business support enablers is critical to supporting Bank Raya's prudent
hal yang critical dalam mendukung pengembangan bisnis Bank Raya                business development and alignment with good corporate governance
yang prudent dan selaras dengan prinsip-prinsip good corporate governance.     principles.

Kedepannya penguatan yang konsisten di sisi 4 (empat) pilar segmen             Going forward, consistent strengthening of these 4 (four) business segment
bisnis bersama dengan 5 (lima) pilar enabler akan semakin memperkuat           pillars, along with the 5 (five) enabler pillars, will further strengthen the
fondasi operasional dan kapabilitas organisasi untuk mendukung                 operational foundation and organizational capabilities to support accelerated
pertumbuhan bisnis yang akseleratif dan berkelanjutan.                         and sustainable business growth.


Peran Penting Direksi dalam Perumusan Kebijakan                                Board of Directors' Important Role in Strategic
Strategi dan Proses Implementasi Strategi                                      Policy Formulation and Implementation

Dengan berpedoman pada Pedoman Pelaksanaan Tata Kerja Direksi                  In accordance with the latest Board of Directors' Work Procedure
terkini, serta aturan dan ketentuan yang berlaku, Direksi Bank Raya            Implementation Guidelines and applicable rules and regulations, Bank
melaksanakan usaha dan kegiatan Bank sesuai dengan maksud dan                  Raya's Board of Directors carries out the Bank's business and activities in
tujuan serta kegiatan usahanya. Dalam upaya pengembangan bisnis                accordance with its aims and objectives and business activities. In an effort
yang akseleratif dan berkelanjutan, direksi Bank Raya memiliki komitmen        to accelerate and sustain business development, Bank Raya's Board of
yang kuat dalam pengembangan strategi perusahaan serta implementasi            Directors is strongly committed to developing corporate strategies and their
yang tepat akan strategi-strategi perusahaan tersebut.                         proper implementation.

Bank Raya telah memiliki ketentuan terkait penyusunan dan implementasi         Bank Raya has provisions regarding the preparation and implementation
strategi perusahaan sebagaimana yang ditetapkan dalam Kebijakan                of corporate strategies, as stipulated in the General Corporate Strategy
Umum Corporate Strategy. Kebijakan ini menjabarkan terkait jenis dan           Policy. This policy outlines the types and activities of Corporate Plans, such
kegiatan Rencana Korporasi, seperti Rencana Jangka Panjang Perusahaan          as the Long-Term Corporate Plan (RJPP) and the Bank Business Plan (RBB),
(RJPP) dan Rencana Bisnis Bank (RBB) maupun Rencana Kerja dan Anggaran         as well as the Corporate Work and Budget Plan (RKAP). The corporate
Perusahaan (RKAP). Penyusunan strategi perusahaan disusun berdasarkan          strategy is formulated based on the principles of being suitable, measurable
prinsip-prinsip suitable, measurable over time, feasible, acceptable dan       over time, feasible, acceptable, and flexible. The meticulously crafted
flexible. Dokumen strategi perusahaan yang telah disusun dengan hati-hati      corporate strategy document has been presented to the Board of
tersebut, telah disampaikan kepada Dewan Komisaris untuk mendapat              Commissioners for approval by the Board of Commissioners and the
persetujuan dari Dewan Komisaris beserta pemegang saham pengendali.            controlling shareholders

Direksi Bank Raya telah menjabarkan sejumlah kebijakan dan strategi            The Board of Directors of Bank Raya has outlined a number of management
manajemen selain penerapan manajemen risiko dan kinerja Bank, termasuk         policies and strategies, in addition to implementing risk management and
proyeksi keuangan dan asumsi yang digunakan beserta proyeksi rasio-rasio       the Bank's performance, including financial projections and the assumptions
dan pos-pos tertentu lainnya. Di samping itu, Direksi juga telah menyiapkan,   used, along with projections for ratios and other specific items. In addition,
antara lain, rencana pendanaan, permodalan, pengembangan organisasi            the Board of Directors has prepared plans for, among other things, funding,
dan SDM, serta penerbitan produk baru.                                         capitalization, organizational and human resource development, and the
                                                                               issuance of new products.

Selanjutnya, Direksi Bank Raya melakukan evaluasi secara berkala terhadap      Furthermore, the Board of Directors of Bank Raya conducts periodic evaluations
kebijakan strategis serta implementasinya di seluruh tingkatan organisasi,     of strategic policies and their implementation at all levels of the organization,
melalui berbagai forum seperti Rapat Direksi, Bussiness Perfomance Review      through various forums such as Board of Directors Meetings, Business
(BPR), Support Perfomance Review (SPR) maupun forum-forum rapat Komite         Performance Review (BPR), Support Performance Review (SPR) and Board
Direksi Seperti Forum Asset Liabilites Commitee (ALCO), Risk Management        of Directors committee meeting forums such as the Asset Liabilities Committee
Committee (RMC), Forum IT Steering Committee (ITSC), Komite Produk,            (ALCO) Forum, Risk Management Committee (RMC), IT Steering Committee
Komite Kredit dan Komite Kebijakan Perkreditan. Direksi juga memberikan        (ITSC) Forum, Product Committee Forum, Committee Forum, Credit Committee
ruang kepada pekerja untuk menyampaikan gagasan dan inovasi sehingga           and Credit Policy Committee. The Board of Directors also provides space for
diharapkan mampu mendukung pencapaian tujuan Bank Raya, seperti                employees to convey ideas and innovations so that they are expected to
melalui kegiatan Rayanovation yang dilakukan secara periodik 2 kali            be able to support the achievement of Bank Raya's goals, such as through
dalam setahun.                                                                 Rayanovation activities which are carried out periodically twice a year.

Dewan Komisaris Bank Raya juga telah menjalankan fungsi pengawasan             Bank Raya's Board of Commissioners has also performed its supervisory
dan pemberian nasihat kepada Direksi. Melalui berbagai forum seperti           and advisory functions to the Board of Directors through various forums,
pelaksanaan Rapat Direksi dan Komisaris (Radirkom) maupun tinjauan             such as the Board of Directors and Commissioners Meeting (Radirkom) and
langsung ke unit kerja Bank Raya.                                              direct visits to Bank Raya's work units.


Kinerja Tahun Buku 2025                                                        Performance for Fiscal Year 2025
Di tengah dinamika ekonomi global yang masih menantang, Bank Raya              Amidst the challenging global economic dynamics, Bank Raya has successfully
telah berhasil menjalankan langkah transformasi digital yang ditopang          implemented digital transformation steps supported by digital business
oleh pertumbuhan bisnis digital melalui berbagai inovasi pengembangan          growth through various feature and product development innovations in
fitur dan produk di Aplikasi Raya yang relevan dengan kebutuhan nasabah.       the Aplikasi Raya that are relevant to customer needs. This successful digital
Keberhasilan pengembangan bisnis digital ini tercermin pada penyaluran         business development is reflected in the continued increase in digital loan
kredit digital maupun penghimpunan dana pihak ketiga yang terus                disbursement and third-party fundraising. This achievement aligns with
meningkat. Pencapaian tersebut telah sejalan dengan upaya Bank Raya            Bank Raya's efforts as a digital attacker within the BRI Group to play a role
sebagai digital attacker BRI Group untuk mengambil peran dalam percepatan      in accelerating the digital economy in Indonesia. This demonstrates that



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       Analisis dan Pembahasan Manajemen                  Tata Kelola Perusahaan                 Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis                 Good Corporate Governance              Sustainability Report                 Audited Financial Report




ekonomi digital di Indonesia. Hal ini menunjukkan bahwa Bank Raya masih           Bank Raya still has good room for growth amidst the increasing customer
memiliki ruang pertumbuhan yang baik di tengah meningkatnya kebutuhan             demand for digital transactions.
nasabah untuk bertransaksi digital.

Pada tahun 2025, Total Kredit Perseroan tercatat sebesar Rp7,72 triliun           In 2025, the Company's Total Loan was recorded at Rp7.72 trillion, growing
atau tumbuh 8,3% YoY ditopang oleh bisnis digital yang menjadi fokus              8.3% YoY, supported by the digital business, which is Bank Raya's business
bisnis Bank Raya. Kredit Digital Bank Raya tercatat sebesar Rp3,07 triliun,       focus. Bank Raya's Digital loan was recorded at Rp3.07 trillion, growing
tumbuh double digit sebesar 33,9% YoY. Dengan pertumbuhan kredit digital          double digits of 33.9% YoY. With digital loan growth higher than total loans,
yang lebih tinggi dari Total Kredit, komposisi kredit digital terhadap Total      the composition of digital loan to Total Loan was recorded to continue to
Kredit tercatat terus meningkat menjadi 39,7% dari sebelumnya 32,1%               increase to 39.7% from the previous 32.1% at the end of 2024. Considering
pada akhir tahun 2024. Dengan melihat karakteristik kredit digital yang           the characteristics of digital loan which tends to have a short tenor, the
cenderung mempunyai tenor pendek, tercatat total penyaluran kredit                total digital credit disbursement during 2025 was recorded at Rp28.75
digital selama tahun 2025 sebesar Rp28,75 triliun, tumbuh 39,8% dibandingkan      trillion, growing 39.8% compared to 2024 which was recorded at Rp20.57
dengan tahun 2024 yang tercatat sebesar Rp20,57 triliun.                          trillion.

Produk unggulan Bank Raya yang menjadi champion product untuk                     Bank Raya's flagship product, which is the champion product for growing
menumbuhkan pinjaman digital adalah pinjaman yang ditujukan untuk                 digital loans, is a loan intended for BRILink Agents or Pawnshop Agents in
Agen BRILink ataupun Agen Pegadaian berupa Pinang Dana Talangan                   the form of Pinang Dana Talangan with an outstanding of Rp1.08 trillion
dengan outstanding Rp1,08 triliun tumbuh 52,94% YoY dan pinjaman untuk            growing 52.94% yoy and a loan for fixed-income workers who payroll at
pekerja berpenghasilan tetap yang memiliki rekening penggajian di BRI             BRI or Bank Raya in the form of Pinang Flexi with an outstanding of Rp1.03
maupun di Bank Raya berupa Pinang Flexi dengan outstanding Rp1,03                 trillion growing 20.50% YoY.
triliun tumbuh 20,50% YoY.

Dari sisi simpanan, pertumbuhan total simpanan mencapai 17,4% dari                In terms of deposits, total deposits grew 17.4%, from Rp8.13 trillion in 2024
Rp8,13 triliun pada tahun 2024 menjadi tercatat sebesar Rp9,54 triliun pada       to Rp9.54 trillion by the end of 2025. This Total Deposit growth was driven
akhir tahun 2025. Pertumbuhan Total Simpanan ini didorong oleh bisnis             by digital businesses, namely Digital Savings products, which recorded
digital, yaitu produk Digital Saving yang tercatat sebesar Rp2,20 triliun atau    Rp2.20 trillion, or grew 66.7% YoY. This Digital Savings growth was offset
tumbuh 66,7% YoY. Pertumbuhan Digital Saving ini diimbangi dengan                 by a 16.3% YoY increase in Aplikasi Raya transactions, reaching 4.7 million
peningkatan transaksi Aplikasi Raya 16,3% YoY dan telah mencapai 4,7              transactions. This drove an increase in the CASA ratio to 33.62% from the
juta transaksi. Hal ini mendorong peningkatan rasio CASA menjadi 33,62%           previous 27.50% at the end of 2024. Various innovation developments
dari sebelumnya 27,50% pada akhir tahun 2024. Berbagai pengembangan               carried out in 2025, such as innovative digital saving features tailored to
inovasi yang dilakukan pada tahun 2025, seperti inovasi fitur digital saving      customer needs, also supported Bank Raya's role in digitizing more than 1
yang sesuai kebutuhan nasabah, turut mendukung peran Bank Raya dalam              million customers, including communities and business actors in Indonesia,
mendigitalisasi lebih dari 1 juta nasabah, termasuk komunitas dan pelaku          who are drivers of the national economy.
usaha di Indonesia, yang menjadi penggerak ekonomi nasional.

Pertumbuhan ini menjadi bukti keberhasilan Bank Raya bertransformasi              This growth is evidence of Bank Raya's success in transforming into a digital
menjadi bank digital, yaitu dengan tetap fokus pada strategi pertumbuhan          bank, namely by remaining focused on a quality digital business growth
bisnis digital yang berkualitas serta secara terus-menerus menjaga                strategy and continuously maintaining a balance between business
keseimbangan antara ekspansi bisnis, bisnis digital dan penguatan                 expansion, digital business, and strengthening the Company's fundamentals.
fundamental perusahaan.

Dengan demikian, dalam upaya untuk secara konsisten melakukan perbaikan           Thus, in an effort to consistently improve the overall foundation of Bank
keseluruhan fondasi bisnis Bank Raya, pada tahun 2025, Bank Raya, dengan          Raya's business, by 2025, Bank Raya, while remaining focused on expanding
tetap fokus pada ekspansi dan penguatan bisnis digital, juga telah melakukan      and strengthening its digital business, has also undertaken various efforts
berbagai upaya penyelesaian bisnis legacy. Upaya-upaya penyelesaian               to resolve its legacy business. These efforts include peaceful settlement
bisnis legacy, di antaranya melalui skema penyelesaian damai melalui              schemes through good communication and negotiation with customers,
komunikasi yang baik dan negosiasi dengan nasabah, pelaksanaan lelang             auctions of existing collateral through the KPKNL or in collaboration with
atas agunan yang ada melalui KPKNL ataupun kerja sama dengan pihak                third parties, loan restructuring for eligible debtors in accordance with
ketiga, restrukturisasi kredit bagi debitur yang berhak sesuai dengan ketentuan   existing regulations, or through the establishment of impairment losses
yang ada, ataupun melalui pembentukan pencadangan penurunan nilai                 (CKPN) for legacy business. In 2025, the relatively large establishment of
(CKPN) terhadap bisnis legacy. Pada tahun 2025, pembentukan CKPN yang             CKPN directly impacted the slowdown in performance in 2025. Bank Raya's
relatif besar secara langsung berdampak pada perlambatan kinerja tahun            commitment to improving legacy debtors is carried out so that the bank
2025. Komitmen Bank Raya untuk melakukan perbaikan pada debitur legacy            can grow more healthily in the long term.
dilakukan agar bank dapat bertumbuh lebih sehat secara jangka panjang.

Perkembangan dari sisi neraca memberikan dampak pada kinerja keuangan.            Changes in the balance sheet have affected financial performance. From
Dari sisi top line, dengan meningkatnya komposisi kredit digital yang             the top line, the growing share of digital loans with elevated yields has
mempunyai yield lebih baik maka berdampak positif pada total pendapatan           favorably influenced total interest income, which amounted to Rp1.19
bunga yang tercatat sebesar Rp1,19 triliun atau tumbuh 13,87% bahkan              trillion, marking a 13.87% rise. Total interest earnings from loans increased
Total Pendapatan Bunga Kredit tumbuh lebih tinggi sebesar 18,38% atau             further, hitting Rp 845 billion by the conclusion of 2025. Meanwhile, interest
tercatat sebesar Rp845 miliar pada akhir tahun 2025. Adapun dari sisi             expenses reached Rp493.92 billion, representing a slight 4.36% YoY increase,
biaya bunga tercatat sebesar Rp493,92 miliar atau tumbuh tipis 4,36% YoY,         bringing total net interest income to Rp696.34 billion, representing a 21.75%
sehingga total pendapatan bunga bersih tercatat sebesar Rp696,34 miliar           YoY increase.
atau tumbuh 21,75% YoY.

Sebagai upaya penerapan prinsip kehati-hatian, Bank juga berkomitmen              As an effort to implement the principle of prudence, the Bank is also
untuk menjaga rasio likuiditas pada level yang aman dimana rasio LDR              committed to maintaining the liquidity ratio at a safe level where the LDR
tercatat 80,83%, Rasio Intermediasi Makroprudensial (RIM) di angka 84,41%,        ratio was recorded at 80.83%, the Macroprudential Intermediation Ratio
serta rasio LCR (Liquidity Coverage Ratio) tercatat 474,93% dan Rasio Net         (RIM) at 84.41%, and the LCR (Liquidity Coverage Ratio) was recorded at
Stable Funding Ratio (NSFR) tercatat sebesar 171,98% diatas ketentuan             474.93% and the Net Stable Funding Ratio (NSFR) was recorded at 171.98%
minimum sebesar 100%. Demikian juga dari sisi permodalan, Bank terus              above the minimum requirement of 100%. Likewise, in terms of capital, the
menjaga rasio permodalan, terlihat dari rasio Total CAR sebesar 40,25%            Bank continues to maintain the capital ratio, as seen from the Total CAR


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        Ikhtisar Kinerja                          Laporan Manajemen                     Profil Perusahaan                      Tinjauan Pendukung Bisnis
        Performance Highlights                    Management Report                     Company Profile                        Overview of Business Support Units




dan rasio Tier 1 CAR sebesar 39,30% yang akan mendukung ekspansi                  ratio of 40.25% and the Tier 1 CAR ratio of 39.30% which will support the
pertumbuhan bisnis Bank Raya kedepan.                                             expansion of Bank Raya's business growth in the future.

Dengan fondasi bisnis yang lebih kuat, baik dari sisi bisnis digital dan bisnis   With a stronger business foundation, both in terms of digital business and
legacy ditambah dengan dukungan dari BRI dan penerapan strategi                   legacy business, coupled with support from BRI and the implementation
eksploitasi dan eksplorasi potensi bisnis di dalam ekosistem BRI Group,           of strategies to exploit and explore business potential within the BRI Group
Bank Raya optimis dapat terus melanjutkan tren positif ini melalui pertumbuhan    ecosystem, Bank Raya is optimistic that it can continue this positive trend
bisnis yang berkualitas dan efisiensi yang berkesinambungan.                      through quality business growth and sustainable efficiency.


Kinerja Dibandingkan dengan Realisasi Target                                      Performance Comparison with Targets Realization
Berdasarkan RBB Bank Raya untuk tahun buku 2025, realisasi pertumbuhan            Based on Bank Raya's Business Plan (RBB) for the 2025 financial year, the
kredit sebesar 8,27% YoY pada tahun 2025 tersebut mampu melebihi target           realized loan growth of 8.27% YoY in 2025 exceeded the target of 5%-7%.
sebesar 5%-7%. Realisasi yang tidak melebihi target adalah menurunnya             The only achievement that did not exceed the target was a 0.32% yoy
Total Aset sebesar 0,32% yoy pada tahun 2025 dibandingkan dengan                  decrease in Total Assets in 2025 compared to the target of 1%-2% Total
target pertumbuhan Total Aset sebesar 1%-2% akibat penerapan strategi             Asset growth due to the implementation of a reserve increase strategy.
penambahan cadangan.

Pertumbuhan Total Kredit tersebut lebih didorong oleh pertumbuhan kredit          Total loan growth was driven primarily by digital credit growth, a key
digital yang merupakan upaya Bank Raya dalam melakukan pengelolaan                component of Bank Raya's efforts to sustainably manage productive assets.
aktiva produktif secara berkelanjutan. Namun demikian, realisasi rasio NPL        However, the realized Gross NPL ratio in 2025 was not fully in line with the
Gross pada tahun 2025 belum sepenuhnya sesuai dengan target RBB                   Bank's Business Plan (RBB) target of 3.3%–3.5%. The higher Gross NPL was
sebesar 3,3%–3,5%. Total NPL Gross yang lebih tinggi dipengaruhi oleh             influenced by the Legacy Business, which faced quality pressures. Meanwhile,
Bisnis Legacy yang mendapat tekanan dari sisi kualitas, sementara untuk           the Gross NPL for Digital Credit was maintained below 3%. Similarly, the
NPL Gross Kredit Digital masih tetap dapat dijaga di bawah 3%. Demikian           Net NPL was maintained at 1.37%, well below the regulatory limit of 5%.
juga dengan Total NPL Net yang masih terjaga pada level 1,37%, jauh
dibawah ketentuan regulator, yaitu maksimal sebesar 5%.

Selanjutnya, pertumbuhan kredit tersebut didukung ketersediaan Dana               Furthermore, compared to the target, the CASA ratio was recorded at
Pihak Ketiga yang memadai. Apabila dibandingkan dengan target, rasio              33.62%, exceeding the target CASA ratio of 28%-30%. Similarly, with a
CASA tercatat sebesar 33,62% di atas target rasio CASA sebesar 28%-30%.           capital adequacy target of 36%-40%, the Company achieved a KPPM ratio
Demikian juga dengan kecukupan permodalan, dengan target rasio KPMM               of 40.25% by the end of 2025.
sebesar 36%-40%, pada akhir tahun 2025, Perseroan berhasil mencatat
rasio KPPM sebesar 40,25%.

Sementara itu, realisasi rasio LDR sebesar 80,83% dibandingkan dengan             Meanwhile, the LDR ratio of 80.83%, compared to the target of 85%-87%,
target sebesar 85%-87% dipengaruhi oleh kenaikan DPK utamanya kenaikan            was driven by the increase in third-party funds, primarily due to the growth
produk CASA yang baik. Selain itu, realisasi rasio NIM sebesar 5,08%              in CASA products. Furthermore, the Net Interest Margin (NIM) ratio of 5.08%,
dibandingkan dengan target sebesar >5% tercatat membaik apabila                   compared to the target of >5%, was an improvement compared to last
dibandingkan dengan pencapaian tahun lalu.                                        year's achievement.


Tantangan dan Beragam Langkah Penyelesaian                                        Challenges and Solutions
Bank Raya menghadapi sejumlah tantangan eksternal di antaranya                    Bank Raya faces a number of external challenges, including a decline in
penurunan suku bunga acuan, kondisi perekonomian global akibat krisis             the benchmark interest rate, global economic conditions due to the
geopolitik yang berdampak pada perekonomian Indonesia, tantangan                  geopolitical crisis impacting the Indonesian economy, challenges to domestic
daya beli domestik yang memengaruhi permintaan kredit ataupun                     purchasing power affecting loan demand, and increasing competition
persaingan dari kompetitor bank digital yang semakin bertambah. Tantangan         from digital banking competitors. Another persistent challenge is the
lainnya yang masih terus ada adalah tingkat literasi keuangan dan adopsi          relatively low level of financial literacy and technology adoption among
teknologi yang masih relatif rendah pada sebagian besar pelaku UMKM.              most MSMEs.

Untuk merespon sejumlah tantangan tersebut, Bank Raya terus melaksanakan          To respond to these challenges, Bank Raya continues to conduct its banking
operasional bisnis perbankannya secara prudent, diantaranya melalui               operations prudently, including by strengthening liquidity management by
penguatan manajemen likuiditas, dengan menjaga rasio-rasio likuiditas             maintaining liquidity and capital ratios in accordance with regulations.
maupun rasio permodalan sesuai ketentuan. Bank Raya juga terus me-review          Bank Raya also continues to review the implementation of its Early Warning
penerapan sistem Early Warning System (EWS) dan Fraud Detection System            System (EWS) and Fraud Detection System (FDS) and increases risk awareness
(FDS) serta peningkatan risk awareness kepada seluruh pekerja Bank Raya.          among all Bank Raya employees.

Bank Raya juga terus melakukan upaya pengumpulan dana murah (CASA)                Bank Raya also continues its efforts to collect low-cost funds (CASA), primarily
utamanya Tabungan Digital, melakukan penyaluran kredit digital yang               through Digital Savings, disburse digital loans that provide good yields with
memberikan yield yang baik dengan risiko yang terukur melalui perbaikan           measurable risks through regular improvements to existing credit scoring,
berkala atas credit scoring yang ada serta penerapan strategi eksploitasi         and exploit and and implementation of strategies explore various potential
dan eksplorasi berbagai potensi niche market di dalam ekosistem BRI               niche markets within the BRI Group ecosystem and other digital business
Group maupun ekosistem bisnis digital lainnya.                                    ecosystems.

Selanjutnya, Bank Raya mendorong inovasi produk, memperkuat customer              Furthermore, Bank Raya is driving product innovation, strengthening the
experience, serta meningkatkan keamanan dan kecepatan layanan                     customer experience, and enhancing security and speed of service as key
sebagai diferensiasi utama. Terakhir, Bank juga menggiatkan literasi              differentiators. Finally, the Bank is also promoting financial literacy, simplifying
keuangan, menyederhanakan fitur aplikasi, dan pengembangan fitur Saku             application features, and developing Saku Bisnis, Saku Bareng, Raya
Bisnis, Saku Bareng, Raya Paylater, dan Debit Virtual Visa agar lebih mudah       Paylater, and Visa Virtual Debit features to make them more easily adopted
diadopsi oleh segmen pelaku usaha, berbagai komunitas maupun generasi             by business segments across various communities, as well as the millennial
milenial dan gen-z.                                                               and Gen-Z generations.


72       PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen               Tata Kelola Perusahaan                Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis              Good Corporate Governance             Sustainability Report                 Audited Financial Report




Penerapan Tata Kelola Perusahaan
Corporate Governance Implementation

Partisipasi dan Sinergi yang Kuat dari Semua                                  Strong Participation and Synergy of All
Organ Tata Kelola                                                             Governance Organs

Bank Raya memiliki komitmen yang kuat terhadap penerapan Tata Kelola          Bank Raya is strongly committed to implementing Good Corporate
Perusahaan yang Baik atau Good Corporate Governance (GCG) melalui             Governance (GCG) principles, including transparency, accountability,
beragam upaya untuk menerapkan prinsip-prinsip GCG yakni Transparansi,        responsibility, independence, and fairness, at all levels of the organization.
Akuntabilitas, Responsibilitas, Independensi, dan Kewajaran di semua          This commitment is realized through the strong participation and synergy
tingkatan organisasi. Komitmen ini direalisasikan melalui partisipasi dan     of all Bank Raya governance bodies: the General Meeting of Shareholders
sinergi yang kuat dari semua organ tata kelola Bank Raya yang terdiri         (GMS), the Board of Commissioners, and the Board of Directors. These
dari Rapat Umum Pemegang Saham (RUPS), Dewan Komisaris dan Direksi            organs are supported by committees under the Board of Commissioners
yang didukung oleh Komite-Komite dibawah Dewan Komisaris, Komite-             and by work units under the Board of Directors. All of these bodies work
Komite dan Satuan Kerja dibawah Direksi disertai sinergi dalam pelaksanaan    together to carry out their duties and responsibilities in accordance with
tugas dan tanggung jawabnya sesuai dengan ketentuan yang berlaku.             applicable regulations.

Penguatan implementasi GCG juga dilakukan melalui pembaruan atas              The implementation of GCG is also strengthened by updating various
beragam ketentuan sehingga menjadi pedoman untuk penguatan praktik            provisions to serve as guidelines for GCG best practices and to respond to
terbaik GCG dan merespon dinamika yang terjadi di industri perbankan          dynamics in the banking industry, in line with regulatory requirements. As
dengan berpedoman pada ketentuan regulator. Hingga 31 Desember                of December 31, 2025, Bank Raya had issued and reviewed 5 General
2025, Bank Raya telah melakukan penerbitan dan me-review sejumlah             Policies, 68 Implementation Guidelines, 6 Implementation Instructions, and
ketentuan baru yang terdiri dari 5 Kebijakan Umum, 68 Pedoman                 62 Standard Operating Procedures (SOPs). These efforts demonstrate Bank
Pelaksanaan, 6 Petunjuk Pelaksanaan, dan 62 standard operational              Raya's commitment to improving the quality of GCG implementation and
procedure (SOP). Hal ini menunjukkan upaya terbaik Bank guna                  maintaining the GCG assessment factor rating at "Good."
meningkatkan kualitas penerapan GCG di lingkungan Bank Raya dan
mempertahankan peringkat faktor penilaian GCG tetap Baik.

Dalam rangka mencapai sasaran penerapan GCG tersebut, upaya yang              To achieve the Good Corporate Governance (GCG) implementation
dilakukan Bank Raya selama tahun buku 2025 adalah melalui                     targets, Bank Raya made every effort during the 2025 financial year to
penyelenggaraan RUPS, rapat Dewan Komisaris, rapat Direksi, rapat             hold General Meetings of Shareholders (GMS), Board of Commissioners
gabungan Dewan Komisaris bersama Direksi, rapat komite serta                  meetings, Board of Directors meetings, Board of Commissioners and Board
implementasi tugas dan tanggung jawabnya dengan berpedoman pada               of Directors joint meetings, and committee meetings. These efforts were
POJK No. 17/2023 tentang Penerapan Tata Kelola bagi Bank Umum.                carried out in accordance with OJK Regulation No. 17/2023 concerning
                                                                              the Implementation of Good Corporate Governance for Commercial Banks,
                                                                              and included the fulfillment of their duties and responsibilities.

Secara kumulatif, Direksi telah menyelenggarakan rapat sebanyak 58            In total, the Board of Directors held 58 meetings in 2025. Topics discussed
(lima puluh delapan) kali selama tahun 2025. Topik-topik penting yang         included the business plan preparation, monthly and quarterly financial
dibahas antara lain terkait penyusunan rencana bisnis bank, laporan           reports, sustainable finance action plans, information technology, Human
keuangan bulanan dan triwulanan, rencana aksi keuangan berkelanjutan,         Capital and share buyback program.
Teknologi Informasi (TI,) Human Capital dan program buyback saham.

Penguatan atas implementasi GCG di lingkungan Bank juga dilakukan melalui     Bank Raya also strengthens GCG implementation through its Self-Assessment
Self-Assessment Good Corporate Governance (SA-GCG) Bank Raya. Melalui         of Good Corporate Governance (SA-GCG). Through SA-GCG, Bank Raya
SA-GCG ini, Bank Raya dapat mengetahui tingkat kecukupan penerapan            can assess the adequacy of its GCG implementation. Furthermore, this step
GCG di lingkungan Bank. Selain itu, langkah ini mendukung pemenuhan           supports fulfilling one of the parameters for BRI's consolidated health level
salah satu parameter penilaian Tingkat Kesehatan BRI secara konsolidasi       assessment, given Bank Raya's crucial position as a digital attacker in the
mengingat posisi penting Bank Raya sebagai digital attacker BRI Group.        BRI Group.

Pada tahun 2025, dalam penilaian Corporate Governance Perception Index        In 2025, in the Corporate Governance Perception Index (CGPI) assessment,
(CGPI), Bank Raya berhasil meraih predikat yang lebih baik, yaitu predikat    Bank Raya succeeded in achieving a better predicate, namely the predicate
“Sangat Terpercaya” atau “Most Trusted” Company dengan skor 85,07 lebih       of "Very Trusted" or "Most Trusted" Company with a score of 85.07, better
baik dari tahun sebelumnya yang mendapat predikat Trusted Company             than the previous year which received the predicate of Trusted Company
dengan score 83,80. Hasil ini merupakan partisipasi semua organ tata kelola   with a score of 83.80. Achieving this higher rating demonstrates Bank Raya’s
dan segenap insan Bank Raya. Perolehan predikat yang lebih baik ini           commitment, as well as the participation of all governance bodies and the
membuktikan komitmen Bank Raya serta partisipasi semua organ tata kelola      entire Bank Raya workforce, in implementing GCG principles that consistently
dan segenap insan Bank Raya dalam menerapkan prinsip-prinsip GCG yang         adhere to transparent, accountable, responsible, independent, and fair
terus berpedoman terhadap pengelolaan perusahaan yang Transparan,             corporate management in accordance with governance guidelines in the
Akuntabel, Responsible, Independent, dan Fairness sesuai dengan pedoman       banking industry.
tata kelola di industri perbankan.

Bank Raya juga terus melakukan perbaikan dalam hal bisnis model,              Bank Raya also continues to make improvements in terms of business
proses bisnis & operasional, penerapan kode etik perusahaan, komitmen         models, business & operational processes, implementation of the company's
anti fraud, serta melakukan berbagai sertifikasi seperti ISO 37001:2016       code of ethics, anti-fraud commitment, and carrying out various certifications
Sistem Manajemen Anti Penyuapan, ISO 9001:2015 Sistem Manajemen               such as ISO 37001:2016 Anti-Bribery Management System, ISO 9001:2015
Mutu, 2022 Sistem Manajemen Keamanan Informasi (Information Security          Quality Management System, 2022 Information Security Management
Management System/ISMS) dan ISO 20000-1:2018 IT Service Management            System (ISMS) and ISO 20000-1:2018 IT Service Management System.
System.



                                                                                      Laporan Tahunan & Laporan Keberlanjutan
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        Ikhtisar Kinerja                        Laporan Manajemen                    Profil Perusahaan                    Tinjauan Pendukung Bisnis
        Performance Highlights                  Management Report                    Company Profile                      Overview of Business Support Units




Penilaian atas Kinerja Komite di Bawah Direksi                                 Assessment of the Performance of the Committees
                                                                               under the Board of Directors
Mengacu pada pedoman Pelaksanaan Tata Kerja Direksi terkini, pelaksanaan       According to the Work Procedure Implementation Guidelines of the Board
tugas dan tanggung jawab Direksi dalam pengelolaan Bank dibantu oleh           of Directors, the management of the Bank is supported by various Committees
Komite-Komite di bawah Direksi dimana susunan keanggotaan, tugas dan           under the Board of Directors. Each Committee's structure, functions, and
tanggung jawab masing-masing Komite yang berada di bawah Direksi               responsibilities are outlined in their specific Work Guidelines.
diatur dalam Pedoman Kerja masing-masing Komite secara terpisah.

Direksi berpendapat bahwa komite-komite di bawah Direksi telah                 The Board of Directors believes that these Committees have effectively
menjalankan tugas dan tanggung jawabnya dengan baik selama tahun               fulfilled their roles and responsibilities throughout the 2025 fiscal year, as
buku 2025 dengan penjelasan sebagai berikut:                                   detailed below:
•   Asset and Liability Committee (ALCO) atau Komite ALCO telah                •      The Asset and Liability Committee (ALCO) has supported the Board
    membantu Direksi mengambil keputusan strategis terkait pengelolaan                of Directors in making important decisions regarding the management
    portofolio aset dan liabilitas dengan tetap mempertimbangkan aspek                of asset and liability products, while also taking into account growth,
    pertumbuhan, kesinambungan bisnis, profitabilitas dan kehati-hatian.              business continuity, and profitability considerations. This committee is
    Penyelenggaraan rapat komite ALCO ini telah dilakukan sebanyak                    expected to hold 13 meetings over the course of 2025.
    13 kali sepanjang tahun 2025.
•   Komite Manajemen Risiko telah membantu Direksi dalam rangka                •   The Risk Management Committee has aided the Board of Directors in
    menunjang efektivitas pelaksanaan proses dan sistem manajemen                  ensuring that risk management processes and systems are implemented
    risiko yang antara lain ditunjukkan dengan penyelenggaraan rapat               effectively, evidenced by conducting 4 meetings in 2025.
    sebanyak 4 kali selama tahun 2025.
•   Komite Kebijakan Perkreditan telah memberikan dukungan kepada              •   The Credit Policy Committee has assisted the Board of Directors with
    Direksi terkait dengan penyusunan dan implementasi Kebijakan                   the formulation and execution of the Bank Credit Policy (KPB) by
    Perkreditan Bank (KPB) dengan menyelenggarakan rapat sebanyak                  holding 1 meeting throughout 2025.
    1 kali selama tahun 2025.
•   Komite Pengarah Teknologi Sistem Informasi (Information Technology         •   The Information Systems Technology Steering Committee has supported
    Steering Committee – ITSC) telah membantu Direksi dalam                        the Board of Directors by overseeing the establishment and readiness
    penyelenggaraan dan review penerapan teknologi informasi berupa                of technology systems. This committee convened 3 meeting throughout
    pemantauan kegiatan penyelenggaraan dan kesiapan infrastruktur                 2025.
    teknologi informasi. Penyelenggaraan rapat komite ini adalah sebanyak
    3 kali rapat pada tahun 2025.
•   Komite Kredit telah membantu Direksi melakukan evaluasi dan memutus        •   The Credit Committee aided the Board of Directors in assessing and
    permohonan kredit untuk jumlah dan atau jenis kredit tertentu yang             making decisions related to credit applications for specific amounts
    ditetapkan. Hal ini diperkuat dengan penyelenggaraan rapat komite              and/or types of credit. This was further strengthened by the 10 meetings
    tersebut sebanyak 10 kali selama tahun 2025.                                   held by the committee in 2025.
•   Komite Produk telah membantu Direksi dalam hal pengembangan                •   The Product Committee has also played a role in supporting the Board of
    produk. Komite ini telah menyelenggarakan 13 kali rapat selama                 Directors with the development of products. This committee has conducted
    tahun 2025.                                                                    13 meetings while working on the creation of various Bank products.

Penjelasan lebih lengkap terkait implementasi tugas dari masing-masing         For a more detailed overview of how each committee’s responsibilities
Komite di bawah Direksi dapat dilihat di Bab Tata Kelola dari laporan          under the Board of Directors have been carried out, please refer to the
tahunan dan laporan berkelanjutan ini.                                         Governance Chapter in this annual report and sustainability report.




Pengembangan Sumber Daya Manusia dan Teknologi Informasi
Human Resources and Information Technology Development

Pengembangan Sumber Daya Manusia dan                                           Human Resources and Information Technology
Teknologi Informasi untuk Meningkatkan Kinerja                                 Development to Improve Performance

Sebagaimana yang tertuang dalam Rencana Bisnis Bank, Bank Raya                 As outlined in the bank's business plan, Bank Raya is developing its human
melakukan pengembangan sumber daya manusia (SDM) sebagai salah                 resources as a strategy to achieve its business growth targets. Currently,
satu strategi untuk mencapai target pertumbuhan bisnis. Pengelolaan SDM        Bank Raya's HR management is aligned with the bank's transformation
Bank Raya saat ini sejalan dengan proses transformasi Bank dan telah           process and has progressed from the emerging maturity level to the
berada pada level maturitas Emerging menuju Developing.                        developing level.

Sehubungan dengan hal tersebut, terdapat berbagai inisiatif strategis yang     To this end, various strategic initiatives has undertaken in 2025, including
dilakukan selama tahun 2025 termasuk di dalamnya Integrated Competency         Integrated Competency Framework and Integrated Human Capital
Framework dan Integrated Human Capital Information System untuk                Information System for Talent Management, Development & Performance
menunjang Talent Management, Development & Performance Management.             Management. These initiatives align with the implementation of the Human
Hal ini sejalan dengan implementasi Human Capital Roadmap untuk tahun          Capital Roadmap for 2025, which emphasizes instruments as a set of
2025 yang menitikberatkan pada instruments as a set of provisions supporting   provisions that support implementation.
implementation.

Pengembangan organisasi di Bank Raya sudah dilakukan secara                    The ongoing organizational development has implemented in Bank Raya.
berkelanjutan. Salah satu langkah penting yang dilakukan adalah upaya          One important step is Bank Raya's efforts to strengthen the strategic focus




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terbaik Bank Raya untuk memastikan bahwa talent management memiliki              of talent management, particularly in planning and developing long-term
fokus strategis yang lebih kuat terutama dalam perencanaan, pengembangan         talent management policies aligned with the Bank's needs.
dan kebijakan talent management jangka panjang yang sejalan dengan
kebutuhan Bank.

Selanjutnya, Bank Raya juga telah menyusun kebijakan dan strategi                Additionally, Bank Raya has formulated educational policies and strategies,
pendidikan, menyusun arsitektur pendidikan, merancang dan menyusun               created an educational architecture, and organized educational initiatives.
kegiatan pendidikan. Implementasi dari hal ini adalah penyelenggaraan            This approach includes carrying out a variety of educational programs that
beragam kegiatan pendidikan yang sesuai dengan ketentuan regulator,              meet regulatory standards, support the Bank's goals and strategies, engage
selaras dengan strategi dan tujuan Bank, melibatkan seluruh pekerja              all personnel, and promote progressive practices in education.
(inklusif), dan bersifat progresif yang mengacu pada best practice Pendidikan.

Selain aspek SDM, Bank Raya terus melakukan pengembangan teknologi               In addition to human resources, Bank Raya continues to develop information
informasi (TI). Bank Raya telah memiliki standar pengelolaan IT berdasarkan      technology (IT). Bank Raya has owned IT management standards based
IT Maturity dan Digital Maturity Assesment dengan melakukan benchmarking         on IT Maturity and Digital Maturity Assessments by benchmarking against
kepada BRI Group dan Industri, dengan pencapaian yang semakin baik pada          the BRI Group and the industry, with increasingly better achievements each
setiap tahunnya. Faktor yang dinilai adalah Tata Kelola, Arsitektur, Manajemen   year. The factors assessed are Governance, Architecture, Risk Management,
Risiko, Ketahanan dan Keamanan Siber, Teknologi, Data, Kolaborasi dan            Cybersecurity and Resilience, Technology, Data, Collaboration, and
Perlindungan Konsumen. Sehubungan dengan hal tersebut, Bank Raya telah           Consumer Protection. In this regard, Bank Raya has established an IT
menetapkan strategi manajemen TI sebagai panduan bagi organisasi TI Bank         management strategy as a guide for the Bank's IT organization in developing
dalam melakukan pengembangan dan menyusun rencana investasi TI.                  and preparing IT investment plans.

Untuk tahun 2025, implementasi strategi TI antara lain difokuskan pada           For the year 2025, the execution of the IT strategy prioritizes the development
pengembangan inovasi TI yang berdampak terhadap pertumbuhan bisnis               of IT advancements that encourage business expansion and enhance the
dan peningkatan daya saing Bank serta mendukung produk dan layanan               Bank's competitive edge, while also promoting banking products and
perbankan yang relevan dengan kebutuhan nasabah. Selain itu,                     services tailored to customer demands. Additionally, security measures,
dikembangkan teknologi protection berupa Fraud Prevention System untuk           including a Fraud Prevention System for transactions via the Aplikasi Raya
transaksi di Aplikasi Raya, dan pengelolaan data pribadi sesuai dengan           and the management of personal data, are being established in compliance
ketentuan yang berlaku.                                                          with relevant regulations.

Untuk memperkuat tata kelola TI dan keamanan informasi, Bank Raya                To strengthen IT governance and information security, Bank Raya has
telah menerapkan standar internasional ISO/IEC 2022 Information Security         implemented the international standard ISO/IEC 2022 Information Security
Management System, dimana Bank telah mengimplementasikan sistem                  Management System. The Bank has implemented a comprehensive and
manajemen keamanan informasi yang komprehensif dan terstruktur,                  structured information security management system, encompassing risk
mencakup pengelolaan risiko, pelindungan data, serta pengendalian                management, data protection, and IT operational controls in line with
operasional TI yang sejalan dengan praktik terbaik global. Langkah ini           global best practices. This step is a crucial part of ensuring the reliability of
menjadi bagian penting dalam memastikan keandalan TI perbankan                   Bank Raya's digital banking IT and maintaining the trust of customers,
digital Bank Raya serta menjaga kepercayaan nasabah, mitra, dan                  partners, and stakeholders.
pemangku kepentingan.

Terakhir terkait dengan tata kelola IT, Bank Raya telah memiliki IT Governance   In conclusion, concerning IT governance, Bank Raya has adopted a
yang diterapkan secara menyeluruh. Bank Raya secara berkelanjutan                comprehensive approach to IT Governance. The bank consistently improves
melakukan pengembangan IT Governance dalam rangka mendukung                      its IT governance to bolster operational and business outcomes. In this
kinerja operasional dan bisnis Bank. Dalam hal ini, TI diharapkan untuk          context, IT is envisioned as a key enabler and collaborator in the Bank's
menjadi strategic enabler dan partner bagi pengembangan bisnis Bank.             growth initiatives.


Implementasi Strategi Keberlanjutan                                              Implementation of Sustainability Strategy
Dalam rangka menjadi Bank Digital dengan bisnis yang berkelanjutan,              To become a digital bank with a sustainable business, Bank Raya is also
Bank Raya juga berkomitmen untuk membangun ekosistem bisnis dengan               committed to building a business ecosystem that adheres to sustainable
memperhatikan prinsip-prinsip keuangan berkelanjutan. Penerapan inisiatif        finance principles. Bank Raya's sustainability initiatives align with the
keberlanjutan Bank Raya selaras dengan Tujuan Pembangunan Berkelanjutan          Sustainable Development Goals (SDGs) in the economic, environmental,
(Sustainable Development Goals/SDG’s) pada aspek ekonomi, lingkungan             and social aspects.
dan sosial.

Selanjutnya sebagai perwujudan komitmen Bank untuk menerapkan                    Furthermore, as a manifestation of the Bank's commitment to implementing
prinsip-prinsip keuangan berkelanjutan dan dalam rangka mewujudkan               sustainable financial principles and in order to realize Bank Raya's future
visi Bank Raya ke depan yakni menjadi Bank Digital utama yang memberikan         vision of becoming a leading Digital Bank that provides digital financial
solusi keuangan digital dengan akses terluas bagi masyarakat Indonesia,          solutions with the widest access for the Indonesian people, the Bank has
Bank telah menetapkan berbagai program RAKB yang mencakup aspek                  established various RAKB programs that cover economic, environmental
ekonomi, lingkungan dan sosial.                                                  and social aspects.

Di bidang ekonomi, penyaluran kredit UMKM dan digital lending menunjukkan        In the economic sector, MSME credit distribution and digital lending have
kinerja yang tumbuh secara berkelanjutan seiring dengan pertumbuhan              demonstrated sustained growth, along with the growth of digital savings
produk simpanan digital dan kepemilikan instrumen green bond. Hal ini            products and ownership of green bonds. This aligns with the objective of
sejalan dengan tujuan Rencana Aksi Keuangan Berkelanjutan (RAKB)                 the Sustainable Finance Action Plan (RAKB), which is to increase the Bank's
yakni meningkatkan daya tahan dan daya saing Bank dalam menghadapi               resilience and competitiveness in facing the challenges of an increasingly
tantangan dunia perbankan yang semakin dinamis.                                  dynamic banking world.

Terkait dengan aspek lingkungan, Bank Raya berhasil menurunkan konsumsi          Regarding environmental aspects, Bank Raya has succeeded in significantly
energi dan kertas secara signifikan, menyelesaikan perhitungan dan               reducing energy and paper consumption, completing the calculation and



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        Performance Highlights                 Management Report                   Company Profile                       Overview of Business Support Units




pelaporan emisi karbon kepada OJK, serta melaksanakan program                reporting of carbon emissions to the Financial Services Authority (OJK), and
penanaman mangrove dengan melibatkan nasabah Bank Raya sebagai               implementing a mangrove planting program involving Bank Raya customers
bentuk kontribusi terhadap pelestarian ekosistem.                            as a form of contribution to ecosystem preservation.

Untuk aspek sosial, Bank Raya menitikberatkan pada peningkatan kapabilitas   For the social aspect, Bank Raya emphasizes on improving human resource
sumber daya manusia melalui sertifikasi dan pelatihan ESG, memperkuat        capabilities through ESG certification and training, strengthening human
perlindungan hak asasi manusia, serta menjalankan berbagai program           rights protection, and implementing various social responsibility and financial
tanggung jawab sosial dan literasi keuangan bagi masyarakat seperti          literacy programs for the community, such as through the Inspiraya event
melalui event Inspiraya yang rutin dilakukan oleh Bank Raya melalui media    which is routinely held by Bank Raya through social media and various
sosial serta beragam literasi keuangan yang dilakukan Community Branch       financial literacy programs carried out by Bank Raya's Community Branch
Bank Raya yang menyasar pada berbagai komunitas yang terdapat di             which targets various communities located around the Community Branch.
sekitar Community Branch.

Atas implementasi strategi keberlanjutan tersebut, Bank Raya masuk dalam     Due to the implementation of this sustainability strategy, Bank Raya was
ESG Sector Leaders IDX KEHATI (ESGS KEHATI) yang dikeluarkan oleh Bursa      included in the ESG Sector Leaders IDX KEHATI (ESGS KEHATI) issued by
Efek Indonesia dan, pada tahun 2025 Bank Raya meraih Katadata ESG            the Indonesia Stock Exchange and, in 2025, Bank Raya achieved a Katadata
Index (KESGI) Score sebesar 53,17 meningkat dibandingkan dengan tahun        ESG Index (KESGI) Score of 53.17, an increase compared to the previous
sebelumnya yaitu 48,58                                                       year, which was 48.58.

Penjelasan lebih lanjut terkait implementasi keuangan berkelanjutan untuk    More information on sustainable finance initiatives for 2025 can be found
tahun 2025 dijelaskan secara rinci di bab keberlanjutan dari laporan ini.    in the sustainability chapter of this report.




Prospek Usaha Tahun 2026
Business Prospect 2026

IMF memproyeksikan ekonomi dunia tumbuh stabil sebesar 3,3% pada             The IMF forecasts a steady global economic growth rate of 3. 3% for 2026,
tahun 2026 yang didukung oleh penguatan pertumbuhan ekonomi                  bolstered by a 1.8% increase in advanced economies, while growth in
negara-negara maju sebesar 1,8% sedangkan ekonomi negara berkembang          emerging markets is anticipated to decelerate to 4.2%. In contrast, the
diperkirakan melambat menjadi 4,2%. Di sisi lain, Pemerintah Indonesia       government of Indonesia expresses confidence in 2026, aiming for a growth
optimis menghadapi tahun 2026 dengan menargetkan pertumbuhan                 rate of 5.4%, as detailed in the 2026 Draft State Budget (RAPBN).
ekonomi sebesar 5,4% sebagaimana yang tertuang dalam RAPBN 2026.

Sejalan dengan proyeksi tersebut, BI memperkirakan pertumbuhan PDB           In line with this projection, Bank Indonesia (BI) estimates that Indonesia's
Indonesia akan berada di kisaran 4,9%-5,7%. Proyeksi pertumbuhan PDB         GDP growth will be in the range of 4.9%-5.7%. This GDP growth projection
ini didukung oleh estimasi pertumbuhan kredit sebesar 8-12% yoy pada         is supported by an estimated credit growth of 8-12% year-on-year in 2026.
tahun 2026. Untuk mencapai target tersebut, BI melakukan penguatan           To achieve this target, BI is strengthening the effectiveness of the
efektivitas Kebijakan Insentif Likuiditas Makroprudensial (KLM) forward-     Macroprudential Liquidity Incentive Policy (KLM) forward-looking lending
looking lending channel guna mendorong perbankan dalam meningkatkan          channel to encourage banks to increase credit/financing to priority sectors,
kredit/pembiayaan ke sektor-sektor prioritas, mendorong percepatan           encouraging accelerated reductions in deposit and bank credit interest
penurunan suku bunga deposito dan kredit perbankan melalui efektivitas       rates through the effectiveness of the KLM forward-looking interest channel,
KLM forward-looking interest channel, dan memperkuat surveilans sistemik     and strengthening systemic surveillance to maintain banking resilience in
untuk menjaga ketahanan perbankan menghadapi gejolak global dan              the face of global turmoil and operational risks. However, the realization
risiko operasional. Namun, realisasi pertumbuhan kredit pada kisaran         of loan growth within this range will depend on domestic demand, exchange
tersebut akan bergantung pada permintaan domestik, stabilitas nilai          rate stability, and risk management.
tukar, dan manajemen risiko.

Terkait dengan layanan perbankan digital, ekonomi digital Indonesia          Regarding digital banking services, Indonesia's digital economy is projected
diperkirakan tumbuh dan mencapai Gross Merchandise Value (GMV)               to grow and reach a Gross Merchandise Value (GMV) of US$180-US$340
US$180-US$340 miliar pada tahun 2030. Sejalan dengan itu, BI                 billion by 2030. Accordingly, Bank Indonesia (BI) projects digital payments
memproyeksikan nominal pembayaran digital mencapai Rp88.310,7                to reach Rp88,310.7 billion with a transaction volume of 63.93 billion by
miliar dengan volume transaksi 63,93 miliar transaksi pada 2026, dengan      2026, supported by BI FAST and QRIS. This projection opens up opportunities
dukungan BI FAST dan QRIS. Proyeksi ini membuka peluang pendapatan           for fee-based income for the bank through expanding its digital customer
fee-based bagi bank melalui perluasan basis nasabah digital dan data         base and leveraging data analytics for credit.
analytics untuk kredit.

Merespon prospek tersebut, Bank Raya menetapkan strategi bisnis yang         In response to this prospect, Bank Raya has established a business strategy
berfokus pada eksploitasi (optimalisasi bisnis inti) dan eksplorasi sesuai   focused on exploitation (core business optimization) and exploration in
dengan visi dan misi Bank. Dengan fokus pengembangan inovasi model           line with the bank's vision and mission. This strategy focuses on developing
bisnis baru produk digital sektor produktif khususnya segmen mikro dan       innovations in new business models for digital products in the productive
kecil, dan pengembangan produk digital di sektor konsumtif untuk             sector, particularly the micro and small segments, and developing digital
memberikan pengalaman perbankan yang seamless dan personal. Bank             products in the consumer sector to provide a seamless and personalized
juga memperkuat kapabilitas TI agile-scalable guna memperkuat data-          banking experience. The Bank is also strengthening its agile and scalable
driven lending, manajemen risiko presisi, dan menangkap pasar digital        IT capabilities to enhance data-driven lending, precision risk management,
yang dinamis, sejalan dengan prioritas BI untuk inklusi keuangan dan         and capture the dynamic digital market, in line with BI's priorities for financial
sektor produktif.                                                            inclusion and the productive sector.




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Perubahan Komposisi Direksi Tahun Buku 2025
Changes in The Composition of The Board of Directors for The Fiscal Year 2025

Susunan Direksi Tidak Mengalami Perubahan                                           The Composition of the Board of Directors Remains
Untuk Tahun Buku 2025                                                               Unchanged for the 2025 Fiscal Year

Berdasarkan keputusan Rapat Umum Pemegang Saham Tahunan (RUPST)                     In accordance with the resolution of the Annual General Meeting of
Bank Raya yang dilaksanakan pada tanggal 25 Juni 2025 sebagaimana                   Shareholders (AGMS) of Bank Raya conducted on June 25, 2025, as outlined
yang dimuat dalam Akta No. 19 Tahun 2025 tanggal 17 Juli 2025, RUPS                 in Deed No. 19 of 2025, dated July 17, 2025, Ida Bagus Ketut Subagia was
telah memberhentikan dengan hormat Ida Bagus Ketut Subagia sebagai                  honorably dismissed as President Director of Bank Raya and was subsequently
Direktur Utama dan selanjutnya mengangkatnya kembali beliau sebagai                 reappointed to the same position. Accordingly, the composition of the Bank
Direktur Utama Bank Raya. Sehubungan dengan hal tersebut, susunan                   Raya Board of Directors as of December 31, 2025, remains unchanged.
Direksi Bank Raya per 31 Desember 2025 tidak mengalami perubahan
sebagaimana dijelaskan berikut ini.


                                                                                 31 Desember 2025                                   31 Desember 2024
                                                                                 December 31, 2025                                  December 31, 2024
 Direktur Utama                                                   Ida Bagus Ketut Subagia                           Ida Bagus Ketut Subagia
 President Director
 Direktur Keuangan                                                Rustarti Suri Pertiwi                             Rustarti Suri Pertiwi
 Director of Finance
 Direktur Manajemen Risiko, Kepatuhan dan Sumber Daya Manusia     Danar Widyantoro                                  Danar Widyantoro
 Director of Risk Management, Compliance and Human Resources
 Direktur Bisnis                                                  Kicky Andrie Davetra                              Kicky Andrie Davetra
 Business Director
 Direktur Digital dan Operasional                                 Lukman Hakim                                      Lukman Hakim
 Digital and Operations Director




Penutup dan Apresiasi
Closing and Appreciation

Di tengah tantangan pertumbuhan ekonomi Indonesia yang dipengaruhi oleh             Amidst the challenges of Indonesia's economic growth, influenced by
dinamika ekonomi global serta krisis geopolitik. Kami meyakini bahwa kinerja        global economic dynamics and geopolitical crises. We believe that the
Perseroan ke depan akan dapat lebih baik. Keyakinan kami tidak lepas dari           Company's performance will enhance in the future. Our assurance stems
dukungan dari fondasi baik yang telah dibangun sejak awal transformasi Bank         from the robust groundwork established since the onset of Bank Raya's shift
Raya menjadi bank digital sampai dengan sekarang yang akan mendukung                into a digital bank, which will underpin Bank Raya's ongoing sustainable
pertumbuhan bisnis Bank Raya ke depan secara berkelanjutan. Keyakinan ini           business expansion. This assurance is bolstered by the backing of multiple
diperkuat dengan dukungan dari berbagai pemangku kepentingan.                       stakeholders

Atas nama Direksi, kami menyampaikan apresiasi dan penghargaan                      On behalf of the Board of Directors, we would like to express our appreciation
kepada Dewan Komisaris atas kepercayaan dan nasihat yang telah                      and gratitude to the Board of Commissioners for their trust and advice
diberikan sepanjang tahun 2025. Kami juga berterima kasih dan memberikan            throughout 2025. We also extend our deepest gratitude and appreciation
penghargaan sebesar-besarnya kepada para nasabah, pemegang saham                    to our customers and shareholders, especially BRI as the Controlling
terutama kepada BRI selaku Pemegang Saham Pengendali yang telah                     Shareholder, for their strong support to Bank Raya, as well as the support
memberikan dukungan yang kuat kepada Bank Raya serta dukungan dan                   and cooperation that has been well established with regulators, the public,
kerjasama yang telah terjalin baik dengan regulator, masyarakat dan                 and all other stakeholders.
segenap pemangku kepentingan lainnya.

Hubungan yang baik dengan beragam pemangku kepentingan ini mendorong                This good relationship with various stakeholders encourages Bank Raya to
Bank Raya untuk senantiasa berkontribusi melalui inovasi layanan perbankan          continuously contribute through banking service innovation in order to
dalam rangka meningkatkan layanan perbankan kepada nasabah sekaligus                improve banking services to customers while ensuring the achievement of
memastikan tercapainya pertumbuhan Bank secara berkelanjutan.                       sustainable Bank growth.

Sebagai penutup, kami menyampaikan apresiasi setinggi-tingginya kepada              In closing, we would like to express our highest appreciation to all Raya
seluruh Raya Rangers atas dedikasi dan kerja kerasnya yang telah                    Rangers for their dedication and hard work that have contributed to Bank
berkontribusi bagi kinerja Bank Raya.                                               Raya's performance.

                                                                  Atas Nama Direksi
                                                            On Behalf of the Board of Directors




                                                                 Ida Bagus Ketut Subagia
                                                                      Direktur Utama
                                                                     President Director

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                                                       Kicky Andrie Davetra                  Rustarti Suri Pertiwi
                                                            Direktur Bisnis                    Direktur Keuangan
                                                         Director of Business                  Director of Finance




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 Management Discussion and Analysis          Good Corporate Governance         Sustainability Report                Audited Financial Report




Ida Bagus Ketut Subagia                         Danar Widyantoro                                    Lukman Hakim
     Direktur Utama                   Direktur Manajemen Risiko, Kepatuhan dan            Direktur Digital dan Operasional
    President Director                           Sumber Daya Manusia                      Director of Digital and Operations
                                        Director of Enterprise Risk Management,
                                           Compliance & Human Resources


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       Performance Highlights             Management Report                     Company Profile            Overview of Business Support Units




Pernyataan Tanggung Jawab Laporan Tahunan dan
Laporan Berkelanjutan 2025 oleh Dewan Komisaris dan Direksi
PT Bank Raya Indonesia Tbk

Kami yang bertanda tangan di bawah ini menyatakan bahwa semua informasi dalam Laporan Tahunan dan Laporan Berkelanjutan PT Bank Raya
Indonesia Tbk tahun buku 2025 telah dimuat secara lengkap dan kami bertanggung jawab penuh atas kebenaran isi Laporan Tahunan dan Laporan
Berkelanjutan Perseroan.

Demikian pernyataan ini dibuat dengan sebenarnya.




                                                    Jakarta, 27 April 2026 | April 27, 2026

                                                             Dewan Komisaris
                                                          Board of Commissioners




                                                    Muhamad Sidik Heruwibowo
                                                            Komisaris Utama
                                                         President Commissioner




       Retno Wahyuni Wijayanti                      Johanes Kuntjoro Adisardjono                    Nyimas Dewi Ratih Kamil
           Komisaris Independen                           Komisaris Independen                               Komisaris
        Independent Commissioner                       Independent Commissioner                            Commissioner




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       Management Discussion and Analysis          Good Corporate Governance                Sustainability Report                 Audited Financial Report




The Board of Commissioners and the Board of Directors have issued a statement of
responsibility for the 2025 Annual Report and Sustainability Report
PT Bank Raya Indonesia Tbk

We, the signatories, hereby stated that all information contained in the 2025 Annual Report and Sustainability Report of
PT Bank Raya Indonesia Tbk has been comprehensively presented and that we are fully accountable for the accuracy of the contents of the Company’s
Annual Report and Sustainability Report.

This statement is made truthfully.




                                                      Jakarta, 27 April 2026 | April 27, 2026

                                                                     Direksi
                                                                Board of Directors




                                                           Ida Bagus Ketut Subagia
                                                                  Direktur Utama
                                                                 President Director




              Rustarti Suri Pertiwi                                                                                  Danar Widyantoro
                Direktur Keuangan                                                                        Direktur Manajemen Risiko, Kepatuhan dan
                Director of Finance                                                                                 Sumber Daya Manusia
                                                                                                           Director of Enterprise Risk Management,
                                                                                                              Compliance & Human Resources




             Kicky Andrie Davetra                                                                                      Lukman Hakim
                   Direktur Bisnis                                                                            Direktur Digital dan Operasional
                Director of Business                                                                          Director of Digital and Operations




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                                                  PROFIL
                                             PERUSAHAAN
                                                       Company Profile
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Identitas Perusahaan
Corporate Identity

       Nama Perusahaan
       Company Name
                                       PT Bank Raya Indonesia Tbk
       Kode Saham
       Ticker Code
                                       AGRO
       Tanggal Berdiri                 27 September 1989
       Date of Establishment           September 27, 1989
       Tanggal Pencatatan Saham        8 Agustus 2003
       Share Listing Date              August 8, 2003
       Dasar Hukum Pendirian           Akta Notaris Raden Soekarsono, S.H., No. 27 tanggal 27 September 1989. Anggaran Dasar Bank telah disahkan oleh Menteri
                                       Kehakiman Republik Indonesia dengan Surat Keputusan No. C.210019.HT.01.01-TH.89 tanggal 28 Oktober 1989 dan telah diumumkan
                                       dalam Berita Negara Republik Indonesia No. 96, Tambahan No. 3303, pada tanggal 1 Desember 1989.

       Legal Basis of Establishment    Notarial Deed made before Raden Soekarsono, S.H., No. 27 dated September 27, 1989. The Bank's Articles of Association were
                                       approved by the Minister of Justice of the Republic of Indonesia by Decree No. C.210019. HT.01.01-TH.89 dated October 28, 1989,
                                       and announced in the State Gazette of the Republic of Indonesia No. 96, Supplement No. 3303, dated December 1, 1989.
       Bidang Usaha                    Perbankan (Bank Umum)
       Line of Business                Banking (Commercial Bank)
       Perijinan Usaha Bank            Bank Umum:
                                       •   Surat Keputusan Menteri Keuangan No. 1347/KMK.013/1989 tanggal 11 Desember 1989.
                                       •   Surat Keputusan Direktur Bank Indonesia No. 22/1037/UPPS/ PSbD tanggal 11 Desember 1989.

                                       Bank Devisa:
                                       Surat Keputusan Gubernur Bank Indonesia No. 8/41/KEP.GBI/2006 tanggal 8 Mei 2006.

       Bank Business License           Commercial Bank:
                                       •  Decree of Minister of Finance No. 1347/KMK.013/1989 dated December 11, 1989.
                                       •  Decree of the Director of Bank Indonesia No. 22/1037/UPPS/PSbD dated December 11, 1989.

                                       Foreign Exchange Bank:
                                       Decree of the Governor of Bank Indonesia No. 8/41/KEP.GBI/2006 dated May 8, 2006.
       Modal Dasar                     Rp6.000.000.000.000 yang terbagi atas 60.000.000.000 lembar saham dengan nilai nominal sebesar Rp100 per lembar saham.
       Authorized Capital              Rp6,000,000,000,000 divided into 60,000,000,000 shares with a nominal value of Rp100 per share.
       Modal Ditempatkan dan Disetor   Rp2.474.049.429.400 yang terbagi atas 24.740.494.294 lembar saham dengan nilai nominal sebesar Rp100 per lembar saham.
       Penuh
       Issued and Paid-Up Capital      Rp2,474,049,429,400 divided into 24,740,494,294 shares with a nominal value of Rp100 per share.
       Skala Usaha                     Total Aset I Total Assets
       Business Scale [OJK C.3]        Rp13.087.109 juta I million
                                       Total Liabilitas I Total Liabilities
                                       Rp10.075.773 juta I million
       Pemegang Saham
                                        PT Bank Rakyat Indonesia (Persero) Tbk                                                         86,850%
       Shareholders [OJK C.3]

                                        Direksi dan Komisaris                                                                            0,000%
                                        Board of Directors and Board of Commissioners
                                        Masyarakat                                                                                     12,890%
                                        Public
                                        Saham Treasuri                                                                                   0,265%
                                        Treasury Stock

       Jumlah Karyawan                 942 orang
       Total Employee                  942 employees
       Alamat                          Kantor Pusat
       Address [OJK C.2]               Head Office

                                       Menara BRILiaN
                                       Jl. Gatot Subroto No. 177A, Jakarta Selatan 12870
                                       Telepon | Phone          : (021) 50931300 (hunting)
                                       Faksimile | Fax          : (021) 50931300
                                       Email                    : humas@bankraya.co.id
       Sekretaris Perusahaan           Ajeng Putri Hapsari
       Corporate Secretary             Email: humas@bankraya.co.id
       Hubungan Investor               Email: investor.relation@bankraya.co.id
       Investor Relations
       Situs Web dan Kanal Media                 Website
       Sosial                                    www.bankraya.co.id
       Website and Social Media                  Instagram
       Channels                                  @bankraya
                                                 TikTok
                                                 @bankraya.id
                                                 Facebook
                                                 Bank Raya
                                                 YouTube
                                                 Bank Raya
                                                 X
                                                 BankRaya
                                                 LinkedIn
                                                 PT Bank Raya Indonesia Tbk




84    PT Bank Raya Indonesia Tbk
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        Analisis dan Pembahasan Manajemen                    Tata Kelola Perusahaan                        Laporan Keberlanjutan                   Laporan Keuangan Audit
        Management Discussion and Analysis                   Good Corporate Governance                     Sustainability Report                   Audited Financial Report




Sekilas Tentang Perusahaan
Company in Brief

Kronologis Perubahan Nama Perusahaan
Chronology of the Change of Company Name

Sejak berdiri hingga periode yang berakhir pada tanggal 31 Desember                      From its establishment through the period ended December 31, 2025, Bank
2025, Bank Raya telah mengalami perubahan nama sebanyak 4 (empat)                        Raya has undergone 4 (four) name changes. Established under the name
kali. Didirikan dengan nama PT Bank Agroniaga pada 27 September 1989,                    PT Bank Agroniaga on September 27, 1989, its subsequent change of
perubahan identitas selanjutnya terjadi pasca penawaran umum saham                       identity took place following its initial public offering on Surabaya Stock
perdana di Bursa Efek Surabaya pada tahun 2003 menjadi PT Bank                           Exchange in 2003, when it became PT Bank Agroniaga Tbk. The next name
Agroniaga Tbk. Pergantian nama berikutnya terjadi pada tahun 2012                        change occurred in 2012, to PT Bank Rakyat Indonesia Agroniaga Tbk,
menjadi PT Bank Rakyat Indonesia Agroniaga Tbk terjadi setelah PT Bank                   following PT Bank Rakyat Indonesia (Persero) Tbk’s appointment as the
Rakyat Indonesia (Persero) Tbk menjadi pemegang saham pengendali.                        controlling shareholder. Most recently, in line with its transformation into a
Terakhir, seiring dengan transformasi menjadi bank digital, perubahan                    digital bank, the Company changed its name to PT Bank Raya Indonesia
nama kembali dilakukan menjadi PT Bank Raya Indonesia Tbk yang                           Tbk in 2021, reaffirming its position as the digital attacker of BRI Group. The
menegaskan posisinya sebagai digital attacker BRI Group pada tahun                       legal basis for the Company’s name changes is set out in the table below.
2021. Dasar hukum perubahan nama perusahaan dijelaskan pada tabel
berikut ini:


    Tahun              Nama Perusahaan                                                                    Dasar Hukum
     Year               Company Name                                                                       Legal Basis

 1989           PT Bank Agroniaga                    Akta Notaris Rd. Soekarsono, S.H., di Jakarta No. 27 tanggal 27 September 1989.
                                                     Notarial Deed made before Rd. Soekarsono, S.H., in Jakarta No. 27 dated September 27, 1989.
 2003           PT Bank Agroniaga Tbk                Persetujuan Bapepam-LK No. S-1565/ PM/2003 tertanggal 30 Juni 2003.
                                                     Approval of the Capital Market and Financial Institutions Supervisory Agency (Bapepam-LK) No. S-1565/PM/2003 dated
                                                     June 30, 2003.
 2012           PT Bank Rakyat Indonesia Agroniaga   Akta Pernyataan Keputusan Rapat No. 30 tanggal 16 Mei 2012 yang dibuat oleh Notaris Rusnaldy, S.H.
                Tbk                                  Deed of Meeting Resolution No. 30 dated May 16, 2012, made before Notary Rusnaldy, S.H.
 2021           PT Bank Raya Indonesia Tbk           Akta Pernyataan Keputusan Rapat No. 24 tanggal 27 September 2021 dibuat dihadapan M. Nova Faisal, S.H., M.Kn., Notaris
                                                     di Kota Administrasi Jakarta Selatan yang telah memperoleh persetujuan berdasarkan Surat Keputusan Menteri Hukum
                                                     dan Hak Asasi Manusia Republik Indonesia No. AHU-0052731.AH.01.02 Tahun 2021 tanggal 27 September 2021

                                                     Deed of Meeting Resolution No. 24 dated September 27, 2021, made before M. Nova Faisal, S.H., M.Kn., a Notary in South
                                                     Jakarta Administrative City, which has obtained approval based on the Decree of the Minister of Law and Human Rights
                                                     of the Republic of Indonesia No. AHU-0052731.AH.01.02 of 2021 dated September 27, 2021.




Dalam rangka memperkuat positioning sebagai bank digital bagian dari                     In order to strengthen its positioning as a digital bank within BRI Group, on
BRI Group, maka pada 1 November 2023 Bank Raya telah efektif                             November 1, 2023, Bank Raya effectively adopted a new logo as its
menggunakan logo baru sebagai corporate identity dengan menambahkan                      corporate identity by adding the words “Bank” and “BRI Group” to its logo.
kata “Bank” dan “BRI Group” pada logonya.




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Page 86
        Ikhtisar Kinerja                         Laporan Manajemen                     Profil Perusahaan                   Tinjauan Pendukung Bisnis
        Performance Highlights                   Management Report                     Company Profile                     Overview of Business Support Units




Sejarah Singkat Perusahaan
Brief History of the Company




Sejak pertama kali didirikan oleh Dana Pensiun Perkebunan (Dapenbun)             Since it was first established by Dana Pensiun Perkebunan (Dapenbun) based
berdasarkan Akta No. 27 tanggal 27 September 1989 yang dibuat di                 on Deed No. 27 dated September 27, 1989, made before Rd. Soekarsono,
hadapan Rd. Soekarsono, S.H., Notaris di Jakarta dengan nama PT Bank             S.H., a Notary in Jakarta under the name PT Bank Agroniaga, PT Bank Raya
Agroniaga, PT Bank Raya Indonesia Tbk selanjutnya disebut “Bank Raya”,           Indonesia Tbk hereinafter referred to as “Bank Raya”, the “Bank” or "the
“Bank” atau "Perseroan" telah mengalami transformasi bisnis. Bank Raya           Company" has undergone business transformation. Bank Raya obtained its
memperoleh izin usaha sebagai bank umum berdasarkan Surat Keputusan              business license as a commercial bank based on the Decree of the Minister
Menteri Keuangan No. 1347/KMK.013/1989 tanggal 11 Desember 1989                  of Finance No. 1347/KMK.013/1989 dated December 11, 1989, and Decree
dan Surat Keputusan Direktur Bank Indonesia No. 22/1037/UPPS/ PSbD               of the Director of Bank Indonesia No. 22/1037/UPPS/ PSbD dated December
tanggal 26 Desember 1989.                                                        26, 1989.

Sejak awal pendiriannya, Bank Raya fokus pada sektor agribisnis. Portofolio      Since its establishment, the Bank has focused on agribusiness sector. A
kredit Bank sebagian besar (antara 50% - 70%) disalurkan di sektor agribisnis,   substantial portion of the Bank’s loan portfolio (between 50% and 70%) has
baik on farm maupun off farm. Tahun 2003, Bank melakukan penawaran               been channeled to the agribusiness sector, both on-farm and off-farm. In
umum perdana di Bursa Efek Surabaya setelah mendapat persetujuan                 2003, the Bank made an initial public offering on Surabaya Stock Exchange,
Bapepam-LK No. S-1565/ PM/2003 tertanggal 30 Juni 2003. Pada saat                after obtaining Bapepam-LK approval No. S-1565/PM/2003 dated June 30,
yang bersamaan, Bank mengubah namanya menjadi PT Bank Agroniaga                  2003. At the same time, the Bank changed its name to PT Bank Agroniaga
Tbk. Sejak tanggal 7 Agustus 2003, saham Bank dengan kode saham                  Tbk. Since August 7, 2003, the Bank's shares with ticker code AGRO have
AGRO telah tercatat di Bursa Efek Indonesia. Selanjutnya, pada tahun             been listed on Indonesia Stock Exchange. Afterwards, in 2006, Bank transformed
2006, Bank bertransformasi menjadi Bank Umum Devisa setelah mendapat             into a Foreign Exchange Commercial Bank, after obtaining approval from
persetujuan dari Bank Indonesia melalui Surat Keputusan Gubernur Bank            Bank Indonesia through the Decree of Governor of Bank Indonesia No. 8/41/
Indonesia No. 8/41/Kep.GBI/2006 tertanggal 8 Mei 2006.                           Kep.GBI/2006 dated May 8, 2006.

Pada tanggal 3 Maret 2011, PT Bank Rakyat Indonesia (Persero) Tbk (BRI)          On March 3, 2011, PT Bank Rakyat Indonesia (Persero) Tbk (BRI) acquired
mengakuisisi sebagian besar saham milik Dapenbun, sehingga BRI menjadi           most of the shares owned by Dapenbun, making BRI the controlling
pemegang saham pengendali. Tahun 2012 bersamaan dengan ulang                     shareholder. In 2012, in conjunction with its 23rd anniversary, the Bank
tahun ke-23, Bank kembali berganti nama menjadi PT Bank Rakyat Indonesia         changed its name again to PT Bank Rakyat Indonesia Agroniaga Tbk, with
Agroniaga Tbk, dengan nama komersial BRI Agro.                                   the commercial name BRI Agro.

Bersama BRI, Bank semakin mantap melangkah dan melayani dengan                   Together with BRI, the Bank is increasingly steady in stepping and serving
setulus hati. Bank Raya juga menjalin sinergi yang kuat dengan BRI, salah        with sincerity. Bank Raya also established a strong synergy with BRI, one
satunya seluruh nasabah dapat menggunakan kartu ATM Bank tanpa                   of which is that all customers can use the Bank's ATM card free of charge
dikenakan biaya di seluruh jaringan ATM BRI untuk segala jenis transaksi.        throughout BRI ATM network for all types of transactions.

Pada tahun 2019, Perseroan melakukan terobosan dengan meluncurkan                In 2019, the Company made a significant breakthrough by launching
PINANG yang merupakan pinjaman berbasis digital dan sekaligus menjadi            PINANG, a digital-based loan that also became the first application-based
produk pinjaman bank berbasis aplikasi pertama melalui dukungan dari BRI.        bank loan product supported by BRI. In accordance with BRI's plan as the
Sejalan dengan rencana BRI sebagai Pemegang Saham Pengendali melalui             Controlling Shareholder under BRI BRIVOLUTION 2.0 corporate plan, which
corporate plan BRI BRIVOLUTION 2.0 dimana Bank ditunjuk sebagai digital          designates Bank Raya as BRI Group's digital attacker, Bank Raya intended




86       PT Bank Raya Indonesia Tbk
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        Analisis dan Pembahasan Manajemen                   Tata Kelola Perusahaan                  Laporan Keberlanjutan                 Laporan Keuangan Audit
        Management Discussion and Analysis                  Good Corporate Governance               Sustainability Report                 Audited Financial Report




attacker BRI Group, maka pada tahun 2020 Bank sudah merencanakan                    to carry out a digital transformation in 2020, which was realized through
melakukan transformasi digital yang diwujudkan melalui tiga pilar transformasi      three transformation pillars: digital, digitize, and revamp. In addition to
yaitu digital, digitize dan revamp. Selain mengubah arah transformasi perusahaan,   shifting the direction of corporate transformation, the Bank changed its
Bank juga mengubah nama agar sejalan dengan visi misi yang baru.                    name to align with the new vision and mission.

Dengan aspirasi ini, maka Bank akan bertransformasi dalam segala hal,               With such aspiration, the Bank will transform in all areas, including Human
antara lain aspek Human Capital, Network, Infrastructure, Model Bisnis, Produk      Capital, Network, Infrastructure, Business Model, Products and Services, and
dan Layanan, serta Portofolio Kredit baik dalam hal ticket size maupun              Credit Portfolio, both in terms of ticket size and credit quality. The Bank is
kualitas kredit. Bank berkomitmen untuk membangun fondasi keuangan                  committed to establishing a solid financial foundation for the new business
yang kuat untuk business model yang baru dan fokus untuk menyalurkan                model and directing digital-based funding toward new market segments.
pendanaan berbasis digital kepada segmen pasar yang baru.

Pada tanggal 27 September 2021, RUPS menyetujui perubahan nama                      On September 27, 2021, the GMS approved the Bank's name change to
Bank menjadi PT Bank Raya Indonesia Tbk dan telah mendapatkan                       PT Bank Raya Indonesia Tbk and the Bank has obtained the Establishment
Penetapan Penggunaan Izin Usaha atas nama PT Bank Rakyat Indonesia                  of the Use of Business License in the name of PT Bank Rakyat Indonesia
Agroniaga Tbk menjadi izin usaha atas nama PT Bank Raya Indonesia Tbk               Agroniaga Tbk to be a business license in the name of PT Bank Raya
dengan Salinan Keputusan Deputi Komisioner Pengawas Perbankan I OJK                 Indonesia Tbk, with a Copy of the Decree of Deputy Commissioner for
No. Kep-65/PB.1/2021 tanggal 1 November 2021 melalui Surat No. S 426/               Banking Supervision I of OJK No. Kep-65/PB.1/2021 dated November 1,
PB.12/2021 tanggal 5 November 2021. Selain itu, Bank telah menerima                 2021, through Letter No. S 426/PB.12/2021 dated November 5, 2021.
persetujuan atas perubahan logo dari OJK melalui Surat No. S-250/                   Furthermore, the Bank has received OJK’s approval for the logo change
PB.31/2021 tanggal 9 November 2021 perihal Persetujuan Perubahan                    via Letter No. S-250/PB.31/2021 dated November 9, 2021, on Approval
Logo Bank.                                                                          of the Bank’s Logo Change.

Dengan komitmen yang tertuang pada visi Bank Raya, maka strategi Bank               With such commitment as stated in Bank Raya's vision, Bank Raya’s strategy
Raya untuk mengoptimalkan ekosistem BRI semakin kuat untuk melayani                 to optimize BRI ecosystem is getting stronger, aiming to serve all business
seluruh segmen bisnis dan masyarakat Indonesia dengan tetap berfokus                segments and Indonesian society while continuing to focus on the micro
pada segmen mikro dan kecil melalui kemudahan akses yang disediakan                 and small segments through the ease of access provided by BRI to strengthen
oleh BRI untuk memperkuat infrastruktur Bank Raya sebagai bank digital.             Bank Raya's infrastructure as a digital bank. Thus, Bank Raya has established
Dengan demikian, Bank Raya memantapkan diri melalui visi Bank Digital               itself through the vision of The Leading Digital Bank Providing Digital Financial
Utama yang Memberikan Solusi Keuangan Digital dengan Akses Terluas                  Solutions with The Widest Access for Indonesian People.
bagi Masyarakat Indonesia.

Sebagai digital attacker BRI Group, Bank Raya senantiasa melakukan                  As BRI Group’s digital attacker, Bank Raya continued to make new
inovasi baru di produk dan fitur untuk semakin memberikan kemudahan                 innovations in products and features to further provide convenience for
bagi nasabah dalam bertransaksi perbankan digital dan mengelola                     customers in making digital banking transactions and managing finances
keuangan dengan lebih baik secara berkesinambungan. Beberapa inovasi                better on a sustainable basis. Some innovations launched included Laku
yang diluncurkan pada tahun 2024 diantaranya Agen Laku Pandai yaitu                 Pandai Agents, namely Bank Raya Agents, Saku Bisnis, and QRIS Business,
Agen Bank Raya, Saku Bisnis dan QRIS Bisnis yang semakin terintegrasi,              which were increasingly integrated, and the ease of withdrawing and
dan kemudahan bertransaksi tarik dan setor tunai di agen BRILink dan Unit           depositing cash at BRILink agents and BRI Work Units spread throughout
Kerja BRI yang tersebar di seluruh Indonesia.                                       Indonesia.

Selanjutnya inovasi produk yang dilakukan oleh Bank Raya selama tahun               Furthermore, the product innovations introduced by Bank Raya in 2025
2025 antara lain Pinang Dana Talangan for BRI Merchant, BRIFINE Investment,         included Pinang Dana Talangan for BRI Merchants, BRIFINE Investment,
cashier access & 3 QRIS Acquirer, Raya Points, Zakat and Donation, Raya,            cashier access and 3 QRIS Acquirers, Raya Points, Zakat and Donation,
dan Tagih Uang di Saku Bareng. Bank Raya juga mengembangkan Raya                    Raya, and Tagih Uang on Saku Bareng. In addition, Bank Raya also developed
Paylater, Kartu digital Debit VISA, Uang Saku. Disamping inovasi produk,            Raya Paylater, Digital Debit VISA Card, Uang Saku. Beyond product innovation,
Bank Raya juga mengoptimalkan sinergi dengan di luar Grup BRI untuk                 Bank Raya also optimized synergies with parties outside BRI Group to
mendukung ekspansi bisnis.                                                          support business expansion.




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       Ikhtisar Kinerja                              Laporan Manajemen                                 Profil Perusahaan                           Tinjauan Pendukung Bisnis
       Performance Highlights                        Management Report                                 Company Profile                             Overview of Business Support Units




Jejak Langkah
Milestones [OJK C.6]


Perkembangan Bank Raya sejak berdiri
hingga saat ini dapat dijelaskan sebagai                   • Menjadi Bank Publik pada bulan
berikut:                                                     Juni 2003
Bank Raya’s development from its                           • Tercatat pada Bursa Efek Surabaya
                                                             pada bulan Agustus 2003
establishment to today is explained as                     • Penambahan Modal melalui
follows:                                                     Penawaran Umum Terbatas (PUT) I
                                                           • Became a Public Bank in June 2003                PenambahanModal
                                                                                                              Penambahan       Modalmelalui
                                                                                                                                      melalui
                                                           • Listed on the Surabaya Stock                     PenawaranUmum
                                                                                                              Penawaran      UmumTerbatas
                                                                                                                                    Terbatas
                DanaPensiunan
                Dana  PensiunanPerkebunan
                                Perkebunan                   Exchange in August 2003                             (PUT)IIIIpada
                                                                                                                (PUT)      padaApril
                                                                                                                                April2005
                                                                                                                                      2005
                   mendirikanBank
                   mendirikan  BankAgro
                                    Agro                   • Capital Increase through                            CapitalIncrease
                                                                                                                Capital   Increasethrough
                                                                                                                                   through               MenjadiBank
                                                                                                                                                         Menjadi BankDevisa
                                                                                                                                                                      Devisa
                 Dana Pensiunan Perkebunan
                Dana Pensiunan Perkebunan                    Pre-emptive Right (PMHMETD) I                 Pre-emptive Right (PMHMETD) IIIIin
                                                                                                           Pre-emptive    Right (PMHMETD)     in          BecameaaForeign
                                                                                                                                                          Became    Foreign
                   establishedBank
                   established BankAgro
                                    Agro                                                                                 April2005
                                                                                                                        April  2005                        Exchange  Bank
                                                                                                                                                           Exchange Bank


                         1989                                         2003                                             2005                                    2006




                                                                                                                                                        PenambahanModal
                                                                                                                                                        Penambahan      Modalmelalui
                                                                                                                                                                                melalui
                                                                                                                                                        PenawaranUmum
                                                                                                                                                        Penawaran     UmumTerbatas
                                                                                                                                                                              Terbatas
              PenambahanModal
              Penambahan      Modalmelalui
                                      melalui                                                               Diakuisisioleh
                                                                                                            Diakuisisi olehBank
                                                                                                                            BankRakyat
                                                                                                                                  Rakyat                 (PUT)III
                                                                                                                                                        (PUT)  IIItanpa
                                                                                                                                                                   tanpaHMETD
                                                                                                                                                                          HMETDdan dan
               PenawaranUmum
              Penawaran     UmumTerbatas
                                    Terbatas                                                                   Indonesia(BRI)
                                                                                                              Indonesia  (BRI)sebagai
                                                                                                                               sebagai                     PenerbitanWaran
                                                                                                                                                           Penerbitan   WaranSeri
                                                                                                                                                                                SeriII
                 (PUT)IV
                (PUT)                 2013
                                 Juni2013
                           padaJuni
                       IVpada                            BankAGRO
                                                         Bank AGROmengganti
                                                                      menggantinama
                                                                                  nama                                         Pengendali
                                                                                                                       SahamPengendali
                                                                                                           PemegangSaham
                                                                                                           Pemegang                                       Capital            through
                                                                                                                                                                   Increasethrough
                                                                                                                                                           CapitalIncrease
                 CapitalIncrease
                Capital            through
                         Increasethrough                  danlogo
                                                          dan logomenjadi
                                                                    menjadiBRI
                                                                            BRIAgro
                                                                                 Agro                         Acquiredby
                                                                                                             Acquired            Rakyat
                                                                                                                           BankRakyat
                                                                                                                        byBank                        Pre-emptive          (PMHMETD)IIIIII
                                                                                                                                                                     Right(PMHMETD)
                                                                                                                                                      Pre-emptiveRight
            Pre-emptive   Right (PMHMETD)
            Pre-emptive Right (PMHMETD) IV    IV       Bank AGRO   changed  its name
                                                       Bank AGRO changed its name andand                                        Controlling
                                                                                                                             theControlling
                                                                                                                          asthe
                                                                                                                    (BRI)as
                                                                                                          Indonesia(BRI)
                                                                                                         Indonesia                                     without                       and
                                                                                                                                                                              Rightsand
                                                                                                                                                               Pre-emptiveRights
                                                                                                                                                       withoutPre-emptive
                       inJune
                      in  June2013
                                2013                            logoto
                                                               logo  toBRI
                                                                       BRIAgro
                                                                           Agro                                     Shareholder
                                                                                                                    Shareholder                          Issuanceof
                                                                                                                                                        Issuance    ofWarrant
                                                                                                                                                                       WarrantSeries
                                                                                                                                                                               SeriesII



                       2013                                        2012                                             2011                                         2009



                                                                 ••Penambahan
                                                                    PenambahanModal Modalmelalui
                                                                                            melaluiPenawaran
                                                                                                     PenawaranUmum   UmumTerbatas
                                                                                                                             Terbatas
            ••Penambahan     Modalmelalui
               PenambahanModal               Penawaran
                                      melaluiPenawaran              (PUT)VI
                                                                   (PUT)                         WaranSeri
                                                                                   PenerbitanWaran
                                                                              danPenerbitan
                                                                           VIdan                                         Desember
                                                                                                                   padaDesember
                                                                                                          SeriIIIIpada                        ••Peningkatan
                                                                                                                                                 PeningkatanModal
                                                                                                                                                                ModalDasarDasarBank
                                                                                                                                                                                 Bank
               UmumTerbatas
              Umum    Terbatas(PUT)
                                 (PUT)VVpada
                                         padaJuni
                                               Juni2015
                                                    2015            2016
                                                                   2016                                                                          menjadiRp6
                                                                                                                                                menjadi    Rp6triliun
                                                                                                                                                                triliun
               sehinggamenjadi
              sehingga   menjadiBank     Umum
                                    BankUmum                        Peresmiandan
                                                                 ••Peresmian                             Pusatke
                                                                                                KantorPusat
                                                                                      relokasiKantor
                                                                                 danrelokasi                      keGedung
                                                                                                                     GedungBRI BRIAgro
                                                                                                                                    Agro      ••Penambahan
                                                                                                                                                 PenambahanModal Modalmelalui
                                                                                                                                                                          melalui
               KelompokUsaha
              Kelompok                     BUKU22
                                   kategoriBUKU
                          Usahakategori                             Perubahanlogo
                                                                 ••Perubahan                         menjadilebih
                                                                                       perusahaanmenjadi
                                                                                 logoperusahaan                         selaras
                                                                                                                  lebihselaras                   PenawaranUmum
                                                                                                                                                Penawaran      UmumTerbatas
                                                                                                                                                                         Terbatas(PUT)
                                                                                                                                                                                   (PUT)VII
                                                                                                                                                                                         VII
            ••Implementasi
               ImplementasiCore
                             CoreBanking     baru
                                     Bankingbaru                    denganPerusahaan
                                                                   dengan    PerusahaanIndukInduk                                                padaJuni
                                                                                                                                                pada   Juni2017
                                                                                                                                                             2017dandanPenerbitan
                                                                                                                                                                          Penerbitan
               BRIAGRONETS
              BRIAGRONETS                                        ••Capital
                                                                    CapitalIncrease
                                                                            Increasethrough
                                                                                       throughPre-emptive
                                                                                                Pre-emptiveRight Right(PMHMETD)
                                                                                                                       (PMHMETD)VI   VI          Obligasi  I pada  Juni
                                                                                                                                                Obligasi I pada Juni 2017 2017
            ••Capital  IncreasePre-emptive
               CapitalIncrease                Right
                                 Pre-emptiveRight                  and  Issuanceof
                                                                    andIssuance                               December2016
                                                                                                           inDecember
                                                                                                SeriesIIIIin
                                                                                      WarrantSeries
                                                                                    ofWarrant                             2016                ••Increase
                                                                                                                                                 Increaseininthe
                                                                                                                                                              theBank's
                                                                                                                                                                  Bank'sAuthorized
                                                                                                                                                                            Authorized
               (PMHMETD)VVin
              (PMHMETD)                        becomeaa
                                            tobecome
                                       2015to
                                 June2015
                              inJune                                Inaugurationand
                                                                 ••Inauguration                                            toBRI
                                                                                                                    Officeto
                                                                                                             HeadOffice
                                                                                                       theHead
                                                                                                   ofthe
                                                                                        relocationof
                                                                                   andrelocation                              BRIAgro
                                                                                                                                  Agro           Capitalto
                                                                                                                                                Capital  toRpRp66trillion
                                                                                                                                                                  trillion
               CommercialBank
              Commercial    Bankin inBUKU
                                      BUKU22category.
                                             category.              Building
                                                                   Building                                                                   ••Capital
                                                                                                                                                 CapitalIncrease
                                                                                                                                                         Increasethrough
                                                                                                                                                                    throughPre-emptive
                                                                                                                                                                               Pre-emptive
             • Implementation   of  new Core Banking
            • Implementation of new Core Banking                  • Change   of the  Company    logo  to  be  more   aligned
                                                                 • Change of the Company logo to be more aligned with the     with the           Right(PMHMETD)
                                                                                                                                                Right  (PMHMETD)VII        inJune
                                                                                                                                                                       VIIin June2017
                                                                                                                                                                                   2017and
                                                                                                                                                                                        and
               BRIAGRONETS
              BRIAGRONETS                                           ParentCompany
                                                                   Parent  Company                                                               Issuanceof
                                                                                                                                                Issuance    ofBond
                                                                                                                                                               BondIIin inJune
                                                                                                                                                                           June2017
                                                                                                                                                                                 2017



                           2015                                                              2016                                                            2017




88      PT Bank Raya Indonesia Tbk
Page 89
             Analisis dan Pembahasan Manajemen                            Tata Kelola Perusahaan                            Laporan Keberlanjutan                        Laporan Keuangan Audit
             Management Discussion and Analysis                           Good Corporate Governance                         Sustainability Report                        Audited Financial Report




                      Untuksemakin
                   •• Untuk  semakinmengakselerasi
                                       mengakselerasibisnis
                                                         bisnispelaku
                                                                pelakuusaha,
                                                                       usaha,Bank
                                                                              BankRaya   menambahpengembangan
                                                                                    Rayamenambah      pengembanganfitur
                                                                                                                      fiturdi
                                                                                                                            diSaku
                                                                                                                              SakuBisnis,
                                                                                                                                      Bisnis,yaitu
                                                                                                                                             yaituFitur
                                                                                                                                                   FiturKasir
                                                                                                                                                        Kasiruntuk
                                                                                                                                                               untuk
                      memberikan    akseskepada
                      memberikanakses     kepadapemilik
                                                    pemilikataupun
                                                             ataupunkaryawan
                                                                     karyawandalam
                                                                                dalammemantau
                                                                                       memantautransaksi
                                                                                                  transaksibinis
                                                                                                            binisseperti
                                                                                                                  sepertipembayaran
                                                                                                                          pembayaranmelalui
                                                                                                                                         melaluiQRIS
                                                                                                                                                 QRISsecara
                                                                                                                                                       secarareal-time.
                                                                                                                                                               real-time.
                   •• Untuk
                      Untukmemudahkan
                             memudahkankomunitas
                                            komunitasdalamdalammenabung
                                                                menabungkolektif
                                                                           kolektifdan
                                                                                    danpemantauan
                                                                                        pemantauanaktivitas
                                                                                                     aktivitastransaksi
                                                                                                               transaksisecara
                                                                                                                         secaratransparan,
                                                                                                                                 transparan,Bank
                                                                                                                                               BankRaya
                                                                                                                                                     Rayamengembangkan
                                                                                                                                                          mengembangkan
                      SakuBareng
                      Saku  Barengdengan
                                     denganfitur
                                            fiturTagih
                                                  TagihUang
                                                          Uanguntuk
                                                                untukmelakukan
                                                                      melakukanpenagihan
                                                                                  penagihankepada
                                                                                            kepadaanggota.
                                                                                                     anggota.
                      BankRaya
                   •• Bank  Rayamengembangkan
                                  mengembangkanfitur  fiturUang
                                                            UangSaku
                                                                 Sakuyang
                                                                       yangdapat   digunakanoleh
                                                                            dapatdigunakan    olehanak
                                                                                                   anakdengan
                                                                                                         denganpengawasan
                                                                                                                  pengawasanorang
                                                                                                                                orangtuatuauntuk
                                                                                                                                            untukmembiasakan
                                                                                                                                                   membiasakanpengelolaan
                                                                                                                                                                  pengelolaan
                      keuangan   sejak usia dini.
                      keuangan sejak usia dini.
                      BankRaya
                   •• Bank  Rayabekerja
                                  bekerjasama
                                          samadengan
                                                 denganVisaVisauntuk
                                                                untukmeluncurkan
                                                                      meluncurkanKartu   DigitalDebit
                                                                                    KartuDigital DebitVisa
                                                                                                       Visauntuk
                                                                                                            untukmempermudah
                                                                                                                   mempermudahtransaksi
                                                                                                                                     transaksicashless   danbelanja
                                                                                                                                               cashlessdan    belanjaonline.
                                                                                                                                                                       online.
                      BankRaya
                   •• Bank  Rayamenghadirkan
                                  menghadirkanfitur
                                                  fiturRaya
                                                        RayaPaylater  untukpilihan
                                                              Paylateruntuk          pembiayaanbagi
                                                                             pilihanpembiayaan   bagipara
                                                                                                       paraNasabah
                                                                                                            Nasabahdengan
                                                                                                                     denganpilihan
                                                                                                                               pilihanopsi
                                                                                                                                        opsidan
                                                                                                                                             danpembayaran
                                                                                                                                                  pembayaranyangyangtransparan
                                                                                                                                                                      transparan
                      danfleksibel.
                      dan fleksibel.

                       Tofurther
                   •• To  furtheraccelerate
                                  acceleratebusiness
                                              businessgrowth,
                                                       growth,Bank
                                                                 BankRaya
                                                                       Rayahas
                                                                             hasexpanded
                                                                                 expandedthe thefeatures
                                                                                                  featuresofofSaku
                                                                                                                SakuBisnis
                                                                                                                      Bisniswith
                                                                                                                            withthe
                                                                                                                                 theaddition
                                                                                                                                     additionof
                                                                                                                                              ofthe
                                                                                                                                                  theCashier
                                                                                                                                                       CashierFeature,
                                                                                                                                                                Feature,which
                                                                                                                                                                         whichallows
                                                                                                                                                                              allows
                       businessowners
                      business   ownersandandemployees
                                              employeesto tomonitor
                                                             monitorbusiness
                                                                       businesstransactions—such
                                                                                transactions—suchas    aspayments
                                                                                                           paymentsmademadevia
                                                                                                                             viaQRIS—in
                                                                                                                                 QRIS—inreal
                                                                                                                                          realtime.
                                                                                                                                               time.
                       Tomake
                   •• To  makeititeasier
                                   easierfor
                                          forcommunities
                                             communitiesto tosave
                                                              savecollectively
                                                                    collectivelyand   monitortransaction
                                                                                andmonitor     transactionactivity
                                                                                                             activitytransparently,
                                                                                                                      transparently,Bank
                                                                                                                                    BankRaya
                                                                                                                                          Rayahashasdeveloped
                                                                                                                                                      developedSakuSakuBareng,
                                                                                                                                                                        Bareng,which
                                                                                                                                                                                which
                       includesaa“Request
                      includes    “RequestPayment”
                                             Payment”feature
                                                       featurefor
                                                                forcollecting
                                                                   collectingpayments
                                                                               paymentsfrom
                                                                                          frommembers.
                                                                                                 members.
                    •  Bank  Raya  has developed   the “Uang   Saku”  feature, which  children  can  use  under   parental supervision to learn  about   financial
                   • Bank Raya has developed the “Uang Saku” feature, which children can use under parental supervision to learn about financial management from anmanagement   from an
                       earlyage.
                      early  age.
                       BankRaya
                   •• Bank   Rayahas
                                   haspartnered
                                       partneredwith
                                                  withVisa
                                                       Visato
                                                            tolaunch
                                                               launchthe    VisaDigital
                                                                        theVisa  DigitalDebit
                                                                                         DebitCard
                                                                                                Cardtotofacilitate
                                                                                                         facilitatecashless
                                                                                                                    cashlesstransactions
                                                                                                                             transactionsand
                                                                                                                                          andonline
                                                                                                                                               onlineshopping.
                                                                                                                                                        shopping.
                       BankRaya
                   •• Bank   Rayahas
                                   hasintroduced
                                       introducedthe
                                                   the“Raya
                                                       “RayaPaylater”
                                                              Paylater”feature,   offeringcustomers
                                                                         feature,offering  customersfinancing
                                                                                                        financingoptions
                                                                                                                    optionswith
                                                                                                                            withtransparent
                                                                                                                                 transparentand
                                                                                                                                             andflexible
                                                                                                                                                   flexiblepayment
                                                                                                                                                             paymentterms.
                                                                                                                                                                      terms.




                                                                                               2025



                                                                                                                                   Perubahanlogo
                                                                                                                                  Perubahan       logoBank
                                                                                                                                                        BankRaya
                                                                                                                                                               Rayamenggunakan
                                                                                                                                                                       menggunakanlogo logobaru
                                                                                                                                                                                             baru
                                                                                                                                 sebagaicorporate
                                                                                                                                sebagai     corporateidentity      denganmenambahkan
                                                                                                                                                         identitydengan      menambahkankata  kata
                                                                                                                                “Bank”dan
                                                                                                                               “Bank”      dan“BRI
                                                                                                                                                 “BRIGroup”
                                                                                                                                                       Group”padapadalogonya.
                                                                                                                                                                        logonya.Perubahan
                                                                                                                                                                                  Perubahanlogologo
         BankRaya
      ••Bank   Rayamemperkuat
                    memperkuatsinergi
                                   sinergiBRI
                                          BRIGroup
                                              Groupmelalui
                                                     melaluiakselerasi
                                                             akselerasibisnis  melaluioptimalisasi
                                                                         bisnismelalui optimalisasi                            baru    Bank   Raya   sebagaimana       tercantum
                                                                                                                               baru Bank Raya sebagaimana tercantum pada Surat OJK pada  Surat  OJK
         ekosistemBRI
        ekosistem   BRIGroup
                        Groupdengan
                               denganpenyaluran
                                        penyaluranPinang
                                                    PinangDana
                                                            DanaTalangan
                                                                  Talangankepada     agenBRILink,
                                                                             kepadaagen   BRILink,                              No.  S-83/PB.212.2023        tanggal    1 November    2023   perihal
         kerjasama  agen  Pegadaian   dengan  Pinang  Dana  Talangan,  hingga  perluasan layananmelalui
                                                                                                   melalui                     No. S-83/PB.212.2023 tanggal 1 November 2023 perihal
        kerjasama agen Pegadaian dengan Pinang Dana Talangan, hingga perluasan layanan                                          RencanaPerubahan
                                                                                                                                Rencana      PerubahanLogo LogoPT PTBank
                                                                                                                                                                       BankRaya
                                                                                                                                                                             RayaIndonesia
                                                                                                                                                                                   IndonesiaTbk.
                                                                                                                                                                                               Tbk.
         jaringanBRI
        jaringan  BRI                                                                                                              ChangingBank BankRaya’s
                                                                                                                                                      Raya’slogo
                                                                                                                                                               logoand
                                                                                                                                                                     andusing
                                                                                                                                                                          usingthe
                                                                                                                                                                                thenew
                                                                                                                                                                                     newlogo
                                                                                                                                                                                          logoasas
                                                                                                                                  Changing
         BankRaya
      ••Bank   Rayastrengthened
                    strengthenedBRI
                                  BRIGroup’s
                                       Group’ssynergy
                                               synergythrough
                                                       throughaccelerating
                                                                acceleratingbusiness
                                                                             businessand   optimizingBRI
                                                                                      andoptimizing   BRI                         corporate    identity by  adding    the words  “Bank”
                                                                                                                                 corporate identity by adding the words “Bank” and “BRI  and  “BRI
         Groupecosystem
        Group   ecosystemby  distributingPinang
                           bydistributing PinangDana
                                                  DanaTalangan
                                                        Talanganto
                                                                 toBRILink
                                                                    BRILinkagents,
                                                                            agents,establishing
                                                                                    establishing                                Group”    to its logo. Changes     to  Bank Raya's  new  logo  were
         cooperation  between Pegadaian    agents and Pinang  Dana Talangan,  and  expanding  services                         Group” to its logo. Changes to Bank Raya's new logo were
        cooperation between Pegadaian agents and Pinang Dana Talangan, and expanding services                                       asstated
                                                                                                                                    as  statedin inOJK
                                                                                                                                                    OJKLetter
                                                                                                                                                         LetterNo.
                                                                                                                                                                 No.S-83/PB.212.2023
                                                                                                                                                                      S-83/PB.212.2023dated
                                                                                                                                                                                          dated
         throughBRI
        through  BRInetwork
                     network                                                                                                   November1,1,2023, 2023,ononthe
                                                                                                                                                           thePlan
                                                                                                                                                                 PlantotoChange
                                                                                                                                                                          ChangeLogo
                                                                                                                                                                                  Logoof ofPT
                                                                                                                                                                                            PTBank
                                                                                                                                                                                               Bank
                                                                                                                               November
                                                                                                                                                        Raya  Indonesia
                                                                                                                                                       Raya Indonesia Tbk. Tbk.


                                                     2024                                                                                                2023




                                             Launchingproduk
                                             Launching                “Pinang”yang
                                                             produk“Pinang”      yang        ••BRI
                                                                                                BRIAgro
                                                                                                    Agromengganti
                                                                                                           menggantinama
                                                                                                                       namadan
                                                                                                                             danlogo
                                                                                                                                 logo                ••Peresmian
                                                                                                                                                        PeresmiandandanRelokasi
                                                                                                                                                                         RelokasiKantor
                                                                                                                                                                                  KantorPusat
                                                                                                                                                                                          Pusat
                                                merupakanpinjaman
                                               merupakan       pinjamanberbasis
                                                                            berbasis            menjadiBank
                                                                                               menjadi    BankRaya
                                                                                                                Raya                                    dariGedung
                                                                                                                                                       dari  GedungRaya
                                                                                                                                                                      RayakekeMenara
                                                                                                                                                                               MenaraBRILiaN
                                                                                                                                                                                       BRILiaN
                                                 digital  dan  sekaligus    menjadi
                                                digital dan sekaligus menjadi                 • Penambahan     Modal   melalui
                                                                                             • Penambahan Modal melalui HMETD  HMETD                  • Penambahan     Modal  melalui
                                                                                                                                                     • Penambahan Modal melalui HMETD HMETD
   PenambahanModal
  Penambahan       Modalmelalui
                           melalui                        pinjamanbank
                                              produkpinjaman
                                              produk                  bankberbasis
                                                                             berbasis           (PMHMETD)IX
                                                                                               (PMHMETD)      IXpada
                                                                                                                 padaNovember
                                                                                                                        November2021
                                                                                                                                  2021                  (PMHMETD)XXpada
                                                                                                                                                       (PMHMETD)                         2022
                                                                                                                                                                              Desember2022
                                                                                                                                                                        padaDesember
   PenawaranUmum
   Penawaran             Terbatas
                 UmumTerbatas                   aplikasi    pertamadi
                                                 aplikasipertama       diIndonesia
                                                                          Indonesia             BRIAgro
                                                                                             ••BRI  Agrochanged
                                                                                                          changeditsitsname
                                                                                                                       nameand
                                                                                                                             andlogo
                                                                                                                                 logo                                                   theHead
                                                                                                                                                                                     ofthe
                                                                                                                                                                          Relocationof
                                                                                                                                                                      andRelocation
                                                                                                                                                        Inaugurationand
                                                                                                                                                     ••Inauguration                         Head
     (PUT)VIII
    (PUT)  VIIIpada
                 padaJuni
                       Juni2018
                            2018              Launchingof
                                              Launching      of"Pinang"
                                                                "Pinang"product,
                                                                           product,aa           toBank
                                                                                               to  BankRaya
                                                                                                         Raya                                          Office                     toMenara
                                                                                                                                                                             Rayato
                                                                                                                                                                    GedungRaya
                                                                                                                                                               fromGedung
                                                                                                                                                        Officefrom                  Menara
      CapitalIncrease
     Capital  Increasethrough
                        through                 digital-basedloan,
                                               digital-based     loan,and
                                                                        andbecame
                                                                             became          ••Capital
                                                                                                CapitalIncrease
                                                                                                        Increasewith
                                                                                                                  withPre-emptive
                                                                                                                       Pre-emptive                      BRILiaN
                                                                                                                                                       BRILiaN
Pre-emptiveRight
Pre-emptive    Right(PMHMETD)
                     (PMHMETD)VIII
                                 VIII                firstapplication-based
                                                thefirst
                                               the         application-basedbankbank            Rights(PMHMETD)
                                                                                               Rights  (PMHMETD)IX   IXin
                                                                                                                        inNovember
                                                                                                                          November                                            Pre-emptiveRights
                                                                                                                                                                         withPre-emptive
                                                                                                                                                                Increasewith
                                                                                                                                                        CapitalIncrease
                                                                                                                                                     ••Capital                             Rights
            inJune
           in  June2018
                     2018                           loanproduct
                                                   loan   productin inIndonesia
                                                                       Indonesia                2021
                                                                                               2021                                                     (PMHMETD)XXin
                                                                                                                                                       (PMHMETD)       inDecember
                                                                                                                                                                          December2022
                                                                                                                                                                                    2022



           2018                                          2019                                               2021                                                      2022




                                                                                                                   Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                                 Annual Report & Sustainability Report           2025                  89
Page 90
              Ikhtisar Kinerja                       Laporan Manajemen                    Profil Perusahaan                  Tinjauan Pendukung Bisnis
              Performance Highlights                 Management Report                    Company Profile                    Overview of Business Support Units




     Logo Perusahaan
     Company Logo




Huruf r seperti telinga yang                                                                                                               Dua bulatan huruf a seperti
diperlukan untuk mendengarkan                                                                                                              mata untuk melihat proses
permasalahan nasabah                                                                                                                            bertumbuh nasabah.
The letter resembles the ear to listen                                                                                                    The two circles of the letter a
to customer problems                                                                                                                                     resemble eyes
                                                                                                                                                to look into customer’s
                                                                                                                                                       growth process.




                                                      group


Logo "BRI Group" sebagai bentuk penguatan sinergi di
dalam ekosistem BRI Group dengan dukungan akses dan                                 Lengkungan seperti mulut untuk
jaringan terluas di Indonesia.                                                        memberikan solusi terhadap
The “BRI Group” logo is a form of strengthening synergy within                          permasalahan nasabah
the BRI Group ecosystem with the support of the widest access                    The curve resembles a mouth to tell our
and network in Indonesia.                                                            solutions to customer problems




     Sejalan dengan perubahan nama Bank di tahun 2021, logo Bank Raya               In line with the Bank's name change in 2021, Bank Raya logo was also
     juga disesuaikan dengan nama, karakter dan target bisnis, filosofi Bank        updated to reflect the Bank's name, character, and business targets, as
     dan tujuan yang hendak dicapai Bank. Perubahan logo Bank Raya juga             well as the Bank's philosophy and goals. The change in Bank Raya's logo
     telah mendapatkan persetujuan dari OJK melalui Surat No. S-250/PB.31/2021      obtained OJK’s approval via Letter No. S-250/PB.31/2021 dated November
     tanggal 9 November 2021 perihal Persetujuan Perubahan Logo Bank.               9, 2021, on Approval of Changes to the Bank's Logo.


     Filosofi Logo Bank Raya                                                        Bank Raya’s Logo Philosophy
     Selalu ada yang bisa dirayakan dalam perjalanan hidup kita. Selalu ada         There is always something to celebrate in our lives. There is always meaning
     makna dibalik cerita, rayakan hari-harimu bersama Bank Raya. Nama              to the story; celebrate your days with Bank Raya. Our name is our purpose
     kami adalah tujuan kami – Banyak hal positif mengandung kata Raya.             – the word “Raya” appears in many positive contexts. It all comes down to
     Semua bermuara pada rasa syukur dan suka cita, apa pun bentuknya.              gratitude and joy, in whatever form they take. That is why we use the term
     Itulah alasan kami menggunakan kata “Raya”, agar kamu ikut serta dalam         "Raya" so that you can join in the celebration.
     kebahagiaan ini.


                                                     "Dengarkan, Sampaikan, Lihat"
                                                          "Listen, Deliver, See"
     Logo merupakan penguatan branding Bank Raya yang menegaskan                    The logo strengthens Bank Raya's branding, emphasizing its status as a
     sebagai bank digital bagian dari BRI Group.                                    digital bank within BRI Group.




      90       PT Bank Raya Indonesia Tbk
Page 91
                                                 Analisis dan Pembahasan Manajemen              Tata Kelola Perusahaan                  Laporan Keberlanjutan                 Laporan Keuangan Audit
                                                 Management Discussion and Analysis             Good Corporate Governance               Sustainability Report                 Audited Financial Report




Visi, Misi dan Budaya Perusahaan
Vision, Mission, and Corporate Culture [OJK C.1]

Visi dan Misi Perusahaan
Vision and Mission

Berpedoman pada Surat Keputusan Direksi No. B.18/CMG/CDS/01/2025                                                         Based on the Board of Directors’ Decision Letter No. B.18/CMG/CDS/01/2025
tentang Visi, Misi, Nilai-Nilai Perusahaan PT Bank Raya Indonesia,Tbk. Bank                                              on the Vision, Mission, Corporate Values of PT Bank Raya Indonesia, Tbk.,
Raya telah menetapkan visi, dan misi sebagai berikut                                                                     Bank Raya has established the following vision and mission:




                                                                                          Visi | Vision
                                                                                          Bank Digital Utama yang Memberikan Solusi Keuangan Digital
                                                                                          dengan Akses Terluas bagi Masyarakat Indonesia
                                                                                          The Leading Digital Bank Providing Digital Financial Solutions
                                                                                          With The Widest Access for Indonesian People




Misi | Mission
                                                      Mengoptimalkan sinergi BRI Group dan Eksplorasi Mass Market secara prudent utamanya pada segmen Masyarakat Mikro
                             SAKU
                            UTAMA
                                    SAKU
                                    BUJET
                   BARENG
            SAKU




                                              SAKU
                                             JAGA


  SAKU BISNIS




                                              SAKU
                                            PINTA




                                                      dan Kecil
                                                  R




                                                      Optimizing the synergy within BRI Group and prudently exploring the mass market, especially in the micro and small business
                                                      segments.

                                                      Menyediakan produk dan layanan yang relevan dengan kebutuhan nasabah (customer centric) melalui pendekatan
                                                      digital secara end-to-end.
                                                      Providing products and services that are relevant to customer needs (customer-centric) through a fully digital approach.

                                                      Mengembangkan jaringan unit kerja dengan pendekatan Hybrid Network Distribution.
                                                      Expanding the network of work units using a Hybrid Network Distribution approach by synergizing with BRI Group’s offline
                                                      network and other partners.

                                                      Menciptakan integrasi antara Business & Technology.
                                                      Creating integration between Business & Technology.


                                                      Memperkuat Governance, Risk, dan Compliance untuk menciptakan Good Corporate Governance.
                                                      Strengthening Governance, Risk, and Compliance to create Good Corporate Governance.




Misi Perusahaan tersebut selanjutnya diperjelas dengan uraian sebagai                                                    The Company's mission is further clarified as follows:
berikut:
1. Bank Raya akan terus melakukan eksploitasi dan eksplorasi terhadap                                                    1.   Bank Raya will continue to exploit and explore BRI Group's business
     ekosistem bisnis BRI Group, serta melakukan eksplorasi terhadap pasar                                                    ecosystem, as well as prudently explore markets outside BRI Group/
     diluar BRI Group/mass market secara prudent dengan target market                                                         mass market, targeting micro and small business.
     utama yaitu masyarakat segmen Mikro dan Kecil.
2. Bank Raya akan terus melakukan pengembangan produk dan layanan                                                        2.   Bank Raya will continue to develop digital banking products and
     perbankan digital sesuai dengan kebutuhan masyarakat sehingga                                                            services to suit community needs, ensuring relevance. All developed
     produk dan layanan Bank Raya dapat relevan dengan kebutuhan                                                              products and services will be digitally based end-to-end, ensuring
     masyarakat, seluruh produk dan layanan yang dikembangkan akan                                                            effective and efficient operations of all business and operational
     berbasis digital secara end to end, sehingga seluruh proses bisnis dan                                                   processes.
     operasionalnya dapat berjalan secara efektif dan efisien.
3. Bank Raya bersinergi dengan BRI Group sehingga jaringan Kantor                                                        3.   Bank Raya will synergize with BRI Group to ensure that its network of
     Cabang BRI, ATM/CRM, Agen BRIlink dan channel lainnya dapat                                                              branch offices, ATMs/CRMs, BRIlink agents, and other channels can
     melayani nasabah Bank Raya untuk bertransaksi. Selain BRI Group,                                                         serve Bank Raya’s customers for transactions. In addition to BRI Group,
     Bank Raya juga akan menjalin kemitraan dengan partner lainnya                                                            Bank Raya will also build partnerships with other partners outside BRI
     diluar BRI Group sehingga semakin memperluas akses masyarakat                                                            Group, thus, further expanding public access to Bank Raya's products
     terhadap produk dan layanan Bank Raya.                                                                                   and services.


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         Ikhtisar Kinerja                              Laporan Manajemen                            Profil Perusahaan                       Tinjauan Pendukung Bisnis
         Performance Highlights                        Management Report                            Company Profile                         Overview of Business Support Units




4.    Dalam menciptakan produk dan layanan digital yang berkualitas,                         4.   To create quality digital products and services, Bank Raya will integrate
      maka Bank Raya akan melakukan integrasi antara business model                               innovative business model with the support of the latest technological
      yang inovatif dengan dukungan fitur-fitur teknologi yang terkini.                           features. This ensures that all Bank Raya’s digital banking products
      Sehingga seluruh produk dan layanan dan perbankan digital Bank                              and services are robust, reliable, secure, and user-friendly.
      Raya dapat menjadi produk yang robust, reliable, secure dan user
      friendly.
5.    Sebagai sebuah lembaga perbankan, maka Bank Raya akan                                  5.   As a banking institution, Bank Raya will conduct its business and
      menjalankan aktivitas bisnis dan operasionalnya sesuai dengan prinsip                       operations in line with the principles of Good Corporate Governance
      Good Corporate Governance (Transparency, Accountability,                                    (Transparency, Accountability, Responsibility, Independence, and
      Responsibility, Independency, Fairness), dan penerapan proses                               Fairness), apply a comprehensive Risk Management process (Risk
      Manajemen Risiko secara komprehensif (Identifikasi Risiko, Pengukuran                       Identification, Risk Measurement, Risk Monitoring, and Risk Control),
      Risiko, Pemantauan Risiko dan Pengendalian Risiko) serta tetap Comply                       and remain compliant with applicable laws and regulations.
      terhadap ketentuan yang berlaku baik Undang-Undang maupun
      peraturan regulator.



Budaya Perusahaan
Corporate Culture

Bank Raya juga telah menetapkan budaya kerja yang merupakan                                  Bank Raya has also established a work culture that is an implementation
implementasi dari BRI One Culture yang tetap berlandaskan BRILiaN Way                        of BRI One Culture which remains based on Bank Raya's BRILiaN Way as
Bank Raya sebagai core values sebagaimana ditetapkan dalam Surat                             core values As stipulated in the the Board of Directors Decision Letter No.
Keputusan Direksi No. B.208/Dir.01.03/HCP/10/2025 tanggal 31 Oktober                         B.208/Dir.01.03/HCP/10/2025 dated October 31, 2025 concerning BRILiaN
2025 perihal BRILiaN Way, sebagai perilaku kunci yang mampu mendorong                        Way, as a key behavior that is able to drive the achievement of the
pencapaian kinerja Perusahaan. Selanjutnya, BRILiaN Way Bank Raya                            Company's performance. Furthermore, Bank Raya's BRILiaN Way is used
tersebut dijadikan pedoman guna melaksanakan dan membangun budaya                            as a guideline to implement and build a strong corporate work culture to
kerja perusahaan yang kuat untuk mencapai visi dan misi Bank Raya, serta                     achieve Bank Raya's vision and mission, as well as being an alignment of
menjadi alignment implementasi budaya dengan BRI Group.                                      cultural implementation with the BRI Group.


BRILiaN Way                                                                                  BRILiaN Way
Sejalan dengan BRILiaN Way yang digunakan oleh BRI Group, maka                               In line with the BRILiaN Way adopted by BRI Group, Bank Raya’s BRILiaN
BRILiaN Way Bank Raya disusun berdasarkan karakteristik Bank Raya                            Way are formulated based on Bank Raya’s characteristics as a Digital Bank,
sebagai Bank Digital, dengan penjelasan sebagai berikut:                                     as described below:


                                          Definisi                                                                   Perilaku Utama
 No        Value
                                         Definition                                                                  Main Behavior

 1.    Integrity        Menjunjung tinggi profesionalisme, etika, dan    1.   Bekerja jujur dan profesional dengan menerapkan governance, risk dan compliance (GRC).
                        kejujuran dengan mempertimbangkan risiko         2.   Konsisten dalam perkataan dan perbuatan.
                        dalam setiap tindakan.                           3.   Berperan aktif dalam pencegahan dan tidak mentolerir setiap bentuk pelanggaran dan gratifikasi.

                        Upholding professionalism, ethics, and honesty   1.   Work honestly and professionally by implementing governance, risk, and compliance (GRC).
                        while considering risks in every action.         2.   Be consistent in words and actions.
                                                                         3.   Take an active role in preventing and zero tolerance for any form of violation or bribery.
 2.    Collaborative    Bersinergi dan berkontribusi aktif untuk         1.   Berani berpendapat dan saling menghargai yang berorientasi pada pencapaian tujuan bersama.
                        mencapai tujuan bersama.                         2.   Berkontribusi aktif dengan menempatkan kepentingan Perusahaan diatas kepentingan pribadi dan
                                                                              tim.
                                                                         3.   Membangun komunikasi yang efektif dan transparan untuk mencapai tujuan Perusahaan.

                        Synergy and active contribution to achieve       1.   Boldly express opinions and demonstrate mutual respect, oriented toward achieving shared goals.
                        shared goals.                                    2.   Actively contribute by placing the Company's interests above personal and team interests.
                                                                         3.   Build effective and transparent communication to achieve the Company's goals.
 3.    Accountability   Tanggung jawab penuh terhadap                    1.   Menerapkan disiplin eksekusi dengan bertanggung jawab penuh untuk tumbuh sehat dan sustain.
                        pengembangan people, disiplin dalam              2.   Menyadari dan mengevaluasi hasil kerja serta memperbaiki kesalahan untuk kinerja yang lebih baik.
                        eksekusi untuk mencapai hasil optimal            3.   Melakukan pengembangan diri dan tim secara berkelanjutan.

                        Full responsibility for people development,      1.   Implement disciplined execution with full responsibility for healthy and sustainable growth.
                        disciplined in execution to achieve optimal      2.   Recognize and evaluate work results and correct errors for better performance.
                        results.                                         3.   Continuously develop yourself and your team.
 4.    Growth           Adaptif, inovatif, dan terbuka terhadap proses   1.   Memiliki pola pikir inovatif untuk selalu maju dan berkembang.
       Mindset          pembelajaran di setiap tahap perubahan           2.   Adaptif terhadap kondisi lingkungan dan kebutuhan Perusahaan yang dinamis.
                                                                         3.   Tangguh dan pantang menyerah dalam mencapai kinerja terbaik.

                        Adaptive, innovative, and open to the learning   1.   Have an innovative mindset to continuously progress and develop.
                        process at every stage of change.                2.   Adaptive to the Company's dynamic environment and needs.
                                                                         3.   Be resilient and persistent in achieving optimal performance.
 5.    Customer         Berempati memberikan layanan & solusi            1.   Memberikan layanan cepat, akurat dan berempati terhadap kebutuhan nasabah dengan solusi
       Focus            yang sesuai dengan kebutuhan nasabah                  terbaik.
                                                                         2.   Selalu membina hubungan baik dengan nasabah untuk kepentingan Perusahaan.
                                                                         3.   Menjaga kerahasiaan dan keamanan data nasabah.

                        Empathizing by providing services and            1.   Provide fast, accurate, and empathetic service to customer needs with the best solutions.
                        solutions tailored to customer needs.            2.   Consistently foster good relationships with customers for the benefit of the Company.
                                                                         3.   Maintain the confidentiality and security of customer data.




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       Analisis dan Pembahasan Manajemen               Tata Kelola Perusahaan               Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis              Good Corporate Governance            Sustainability Report                 Audited Financial Report




Arsitektur Tata Kelola Budaya Kerja Bank                                     Bank Raya’s Corporate Culture
Raya (BRI One Culture)                                                       Governance Architecture (BRI One Culture)

Terdapat 3 (tiga) elemen utama dari arsitek BRI One Culture terdiri dari 3   There are 3 (three) main elements of BRI One Culture architecture, consisting
elemen utama yakni perilaku (behaviour), simbol (symbol), dan sistem         of behavior, symbol, and system:
(system):


Perilaku (Behaviour)                                                         Behaviour
Pengelolaan budaya kerja bertujuan untuk membentuk sikap perilaku            Corporate culture management aims to shape the behavioral attitudes of
setiap Insan BRILiaN sesuai dengan nilai-nilai pokok BRI One Culture.        every BRILiaN employee in accordance with the core values of BRI One Culture.
•    Keteladanan Culture Leader                                              •   Exemplary Culture Leader
•    Culture Ranger Coordinator & CR Forum (Sapa CR)                         •   Culture Ranger Coordinator & CR Forum (Sapa CR)
•    5 BRILiaN Way Raya                                                      •   5 BRILiaN Way Raya


Simbol (Symbol)                                                              Symbol
Penggunaan simbol budaya kerja bertujuan untuk mengefektifkan proses         The use of a corporate culture symbol seeks to streamline the process of
internalisasi dan eksternalisasi nilai-nilai pokok budaya kerja melalui      internalizing and externalizing corporate culture’s core values by using
penggunaan media atau sarana komunikasi.                                     media or communication channels.
•    Community Based                                                         •    Community Based
•    Culture Activation Program                                              •    Culture Activation Program
•    Program Komunikasi                                                      •    Communication Program


Sistem (System)                                                              System
Penggunaan sistem budaya kerja bertujuan untuk mengukur implementasi         The purpose of a corporate culture system is to measure the implementation
budaya kerja dengan menggunakan pola aturan tertentu.                        of a corporate culture using a specific set of rules.
•   Mekanisme Kerja                                                          •    Working Mechanism
•   Culture Leader & Culture Ranger                                          •    Culture Leader & Culture Ranger
•   Rewards & Recognition System                                             •    Rewards & Recognition System
•   Indikator & Alat Ukur Budaya Kerja                                       •    Corporate Culture Indicators & Measurement Instruments




Bidang dan Kegiatan Usaha
Business Line and Activities [GRI 2-6][OJK C.4]

Bidang Usaha
Business Line

Kegiatan usaha Bank Raya, berdasarkan Anggaran Dasar terkini sebagaimana     Bank Raya’s business activities, based on its latest Articles of Association
yang dimuat dalam Akta Pernyataan Keputusan Rapat No. 18 tanggal 17          as set forth in the Deed of Meeting Resolutions No. 18 dated July 17, 2025,
Juli 2025, adalah bergerak dalam bidang Bank Umum Konvensional.              are to operate as a Conventional Commercial Bank.



Kegiatan Usaha
Business Activities

Sebagai sebuah Bank Umum Konvensional, kegiatan usaha Bank Raya              As a Conventional Commercial Bank, Bank Raya’s business activities
mencakup kegiatan usaha bank secara konvensional, meliputi penghimpunan      encompass conventional banking operations, including raising funds from
dana dari masyarakat dalam bentuk simpanan dan menyalurkannya                the public in the form of deposits and channeling them to the public in the
kepada masyarakat dalam bentuk kredit dan/atau bentuk-bentuk lainnya,        form of loans and/or other forms, as well as providing services within the
serta menyelenggarakan kegiatan jasa dalam sistem pembayaran.                payment system.




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       Ikhtisar Kinerja                     Laporan Manajemen                  Profil Perusahaan                      Tinjauan Pendukung Bisnis
       Performance Highlights               Management Report                  Company Profile                        Overview of Business Support Units




Kegiatan Usaha Utama                                                     Main Business Activities
Dalam rangka mencapai maksud dan tujuan pendiriannya sebagai sebuah      In order to achieve the purposes and objectives of its establishment as a
Bank Umum Konvensional, Bank Raya melaksanakan berbagai kegiatan         Conventional Commercial Bank, Bank Raya carries out the following
usaha sebagai berikut:                                                   business activities:
a. Menghimpun dana dari masyarakat dalam bentuk simpanan berikut         a. Collecting funds from the public in the form of deposits including
    giro, deposito berjangka, sertipikat, deposito, tabungan dan/atau         demand deposits, time deposits, certificates, deposits, savings, and/
    bentuk lainnya yang dipersamakan dengan itu;                              or other forms of equivalents;
b. Memberikan kredit atau menyediakan pembiayaan dan/atau melakukan      b. Providing credit or providing financing and/or conducting activities
    kegiatan berdasarkan prinsip syariah sesuai dengan ketentuan yang         based on Sharia principles in accordance with the provisions stipulated
    ditetapkan oleh Bank Indonesia dan/atau instansi yang berwenang;          by Bank Indonesia and/or authorized agencies;
c. Menerbitkan surat pengakuan hutang;                                   c. Issuing debt acknowledgment letters;
d. Membeli, menjual atau menjamin atas risiko sendiri maupun untuk       d. Buying, selling, or guaranteeing at its own risk or for the benefit of and
    kepentingan dan atas pemerintah nasabahnya;                               for the government of its customers;
    1. Surat-surat wesel termasuk wesel yang diakseptasi oleh Bank            1. Notes, including notes accepted by the Bank, whose validity period
         yang masa berlakunya tidak lebih lama dari kebiasaan dalam-                does not exceed the period customary in the trade of such notes;
         perdagangan surat-surat dimaksud;
    2. Surat pengakuan hutang dan kertas dagangan lainnya yang masa           2.   Debt acknowledgment letters and other commercial papers
         berlakunya tidak lebih lama dari kebiasaan dalam perdagangan              whose validity period is no longer than the customary period in
         surat-surat dimaksud;                                                     the trading of such papers;
    3. Kertas pembendaharaan negara dan surat jaminan Pemerintah;             3.   Government treasury bills and Government guarantees;
    4. Sertipikat Bank Indonesia (SBI);                                       4.   Bank Indonesia certificates (SBI);
    5. Obligasi;                                                              5.   Bonds;
    6. Surat dagang berjangka waktu sampai dengan 1 (satu) tahun;             6.   Commercial paper with a maturity of up to 1 (one) year;
    7. Instrumen Surat Berharga lain yang berjangka waktu sampai              7.   Other securities instruments with a maturity of up to 1 (one) year.
         dengan 1 (satu) tahun.
e. Memindahkan uang baik untuk kepentingan sendiri maupun untuk          e.   Moving money either for one's own benefit or for the benefit of customers;
    kepentingan nasabah;
f.  Menempatkan dana pada, meminjam dana dari, atau meminjamkan          f.   Placing funds with, borrowing funds from, or lending funds to other
    dana kepada Bank lain, baik dengan menggunakan surat, sarana              Banks, either by using letters, telecommunication facilities or by bills
    telekomunikasi maupun dengan wesel unjuk, cek atau sarana lainnya;        of exchange, checks or other means;
g. Menerima pembayaran dari tagihan Surat Berharga dan melakukan         g.   Receiving payments from bills of exchangeable securities and making
    perhitungan dengan atau antar pihak ketiga;                               calculations with or among third parties;
h. Menyediakan tempat untuk menyimpan barang dan Surat Berharga;         h.   Providing a place to store goods and Securities;
i.  Melakukan penitipan untuk kepentingan pihak lain berdasarkan suatu   i.   Performing custody for the benefit of other parties based on a contract;
    kontrak;
j.  Melakukan penempatan dana dari nasabah lainnya dalam bentuk          j.   Placing funds from other customers in the form of Securities that are
    Surat Berharga yang tidak tercatat di Bursa efek;                         not listed on the Stock Exchange;
k. Membeli melalui pelelangan agunan baik semua maupun sebagian          k.   Purchasing through auction all or part of the collateral in the event
    dalam hal debitur tidak memenuhi kewajibannya kepada perseroan,           that the debtor does not fulfill its obligations to the company, provided
    dengan ketentuan agunan yang dibeli tersebut wajib dicairkan              that the purchased collateral must be disbursed immediately;
    secepatnya;
l.  Melakukan kegiatan anjak piutang, usaha kartu kredit dan kegiatan    l.   Performing factoring activities, credit card business, and Trustee activities;
    Wali Amanat;
m. Melakukan kegiatan valuta asing dengan memenuhi ketentuan yang        m. Conducting foreign exchange activities by complying with the provisions
    ditetapkan oleh Bank Indonesia dan/atau instansi yang berwenang;        stipulated by Bank Indonesia and/or authorized agencies;
n. Melakukan kegiatan penyertaan modal pada Bank atau Perusahaan         n. Conducting capital participation activities in other banks or companies
    lain dibidang keuangan, seperti sewa guna usaha, modal ventura,         in the financial sector, such as leasing, venture capital, securities
    perusahaan efek, asuransi serta lembaga kliring penyelesaian dan        companies, insurance and clearing, settlement, and depository institutions
    penyimpanan dengan memenuhi ketentuan yang ditetapkan oleh              by fulfilling the provisions stipulated by Bank Indonesia and/or the
    Bank Indonesia dan/atau instansi yang berwenang;                        competent authorities;
o. Melakukan kegiatan penyertaan modal sementara untuk mengatasi         o. Performing temporary capital participation activities to overcome the
    akibat kegagalan kredit, termasuk kegagalan pembiayaan lain,            consequences of credit failure, including other financing failures, under
    dengan syarat menarik kembali penyertaan lain, dengan syarat            the condition of withdrawing other participation, under the condition
    menarik kembali penyertaannya, dengan memenuhi ketentuan yang           of withdrawing its participation, by fulfilling the provisions stipulated
    ditetapkan oleh Bank Indonesia dan/atau instansi yang berwenang;        by Bank Indonesia and/or the competent authorities;
p. Bertindak sebagai pendiri dana pensiun dan pengurus dana pensiun      p. Acting as the founder of a pension fund and the administrator of a
    sesuai dengan ketentuan dalam peraturan perundang-undangan              pension fund in accordance with the provisions in the prevailing pension
    dana pensiun yang berlaku;                                              fund laws and regulations;
q. Melakukan jasa keuangan commercial banking dan investment             q. Performing other commercial banking and investment banking financial
    banking lainnya.                                                        services.


Kegiatan Usaha Penunjang                                                 Supporting Business Activities
Di samping kegiatan usaha utama, Bank Raya juga memiliki kegiatan        In addition to its core business activities, Bank Raya also has supporting
usaha penunjang yakni melakukan kegiatan lain yang lazim dilakukan       business activities, which are activities commonly conducted by banks,
oleh Bank, sepanjang tidak bertentangan dengan ketentuan perundang-      provided that such activities do not conflict with prevailing laws and
undangan yang berlaku.                                                   regulations.




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       Analisis dan Pembahasan Manajemen                Tata Kelola Perusahaan                      Laporan Keberlanjutan                  Laporan Keuangan Audit
       Management Discussion and Analysis               Good Corporate Governance                   Sustainability Report                  Audited Financial Report




Produk dan Layanan Perbankan
Banking Products and Services [GRI 2-6][OJK C.4]

Penjelasan berikut ini mengulas beragam produk dan layanan perbankan              The following explanation outlines the various conventional banking
konvensional baik non digital maupun digital yang ditawarkan oleh Bank            products and services, both non-digital and digital, offered by Bank Raya.
Raya.



Produk dan Layanan Perbankan Non-Digital
Non-Digital Banking Products and Services

                                                                      Produk Simpanan
                                                                      Savings Products

                         Giro                                             Tabungan                                                    Deposito
                   Current Accounts                                    Saving Accounts                                              Time Deposits

 Giro Raya (Rupiah)                                Tabungan Agrotama                                          Deposito Raya (Rupiah)
 Raya Current Account                              Agrotama Savings                                           Raya Time Deposit (Rupiah)
 Giro Raya (Valas)                                 Tabungan Multima                                           Deposito Raya (Valas)
 Raya Current Account (Forex)                      Multima Saving                                             Raya Time Deposit (Forex)
                                                   Tabungan Raya Infiniti                                     Deposito On Call (DOC)
                                                   Raya Infiniti Saving
                                                   Tabungan Simpel
                                                   Simpel Saving
                                                   Tabungan Raya Multima
                                                   Raya Multima Saving
                                                   Tabunganku
                                                   Tabungan MeRaya
                                                   MeRaya Saving



                         Jenis Layanan                                                                   Uraian
  No
                        Types of Services                                                              Description

 1      Produk Pinjaman
        a.   Segmen Menengah                       a)    Menengah Non Cash Collateral (KI, KMK, Konstruksi, Rek. Koran)
             Medium Segment                        b)    Menengah Cash Collateral

                                                   a)    Medium of Non-Cash Collateral (Investment Loan (KI), Working Capital Loan (KMK), Construction, Current
                                                         Account)
                                                   b)    Medium of Cash Collateral
        b.   Segmen Ritel                          a)    Ritel Plasma
             Retail Segment                        b)    Ritel Program Non KUR
                                                   c)    Ritel Komersil (KI, KMK PRK, KMK PTR, KMK PTA, dan Cash Collateral)

                                                   a)    Plasma Retail
                                                   b)    Non-KUR Program Retail
                                                   c)    Commercial Retail (KI, KMK PRK, KMK PTR, KMK PTA and Cash Collateral)
        c.   Segmen Konsumer                       Kredit Pekerja Produktif, Kredit Pensiun, KPR, KKB, Kredit SHT (Simpanan Hari Tua), Kredit Multiguna
             Consumer Segment
                                                   Productive Worker Loan, Pension Loan, Agro Griya Loan, Agro Car Loan, SHT (Old Age Saving) Loan, Multipurpose
                                                   Loan
        d.   Segmen Mikro                          KUR
             Micro Segment                         People's Business Loans




Produk dan Layanan Perbankan Digital
Digital Banking Products and Services
Bank Raya senantiasa melakukan strategi eksplorasi dan eksploitasi                Bank Raya consistently implements ecosystem exploration and exploitation
ekosistem untuk mencapai pertumbuhan bisnis digital dan meningkatkan              strategies to achieve digital business growth and enhance its financial and
kinerja keuangan dan operasional. Implementasi strategi tersebut didukung         operational performance. The implementation of these strategies is supported
oleh inovasi produk dan layanan digital yang mulai dikembangkan sejak             by continuous innovation in digital products and services, which has been
Bank Raya memulai transformasi perbankan digital sejak tahun 2021 dan             developed since Bank Raya began its digital banking transformation in
sejalan dengan product innovation roadmap yang telah ditetapkan.                  2021 and is aligned with the established product innovation roadmap. The
Deskripsi produk dan layanan perbankan digital Bank Raya adalah sebagai           descriptions of Bank Raya’s digital banking products and services are as
berikut:                                                                          follows:




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                                                                       Produk Simpanan Digital
                                                                        Digital Saving Products

         Nama Produk                        Deskripsi                                                               Keuntungan
         Product Name                      Description                                                                Benefit

Saku Utama                      Digital Saving untuk transaksi       Buka rekening praktis secara digital; tanpa setoran awal dan minimal saldo; gratis admin bulanan;
                                harian                               pakai Saku atur uang sesuai kebutuhan.

                                Digital Saving for daily             Open an account practically and digitally; no initial deposit or minimum balance; free monthly admin
                                transactions                         fee; use Saku to manage money according to your needs




Saku Bujet                      Pilihan untuk membuat anggaran       Pisahkan uang sesuai kebutuhan, hingga 10 Saku; bayar makan, transport, sampai tagihan langsung
                                pengeluaran tiap harinya             dari Saku; pengeluaran jadi terkendali tiap bulannya.

                                Option to create a daily             Separate money according to your needs, up to 10 Saku/Pockets; pay for food, transportation, and bills
                                spending budget                      directly from Saku; monthly spending becomes controllable




Saku Pintar                     Saku untuk menabung kebutuhan        Atur target menabung untuk mewujudkan impian karena dapat atur tabungan secara harian, mingguan,
                                untuk wujudkan Impian jadi           dan bulanan; fitur menabung otomatis, sehingga lebih disiplin kelola keuangan.
                                kenyataan

                                Saku for saving needs to make        Set savings targets to make your dreams come true because you can manage savings daily, weekly,
                                dreams come true                     and monthly; automatic savings feature, so you are more disciplined in managing your finances



Saku Jaga                       Persiapan untuk dana darurat         Membantu untuk menyiapkan dana tak terduga, lebih Fleksibel tarik dan tambah saldo; dapatkan
                                                                     bunga besar dengan fitur kunci di Saku Jaga Optimal.

                                Preparation for emergency            Help you prepare for unexpected funds, more flexible to withdraw and add balances; get competitive
                                funds                                interest rate with key features in Saku Jaga Optimal.




Saku Bareng                     Menabung bersama hingga 300          Dapat menabung kolektif dengan ratusan anggota dan membantu komunitas mengelola keuangan
                                kawan                                dengan transparan.

                                Save together with up to 300         Save collectively with hundreds of members and help the community manage finances transparently.
                                friends




Saku Bisnis                     Pemisahan uang pribadi dan bisnis    Memudahkan pelaku usaha mengatur keuangan dan produktivitas usaha serta transaksi keuangan
                                dengan Raya Bisnis                   hanya dalam satu aplikasi, dapat memisahkan keuangan bisnis untuk biaya produksi, tagihan, gaji
                                                                     karyawan hingga 5 Saku, juga dilengkapi dengan fitur transfer sekaligus hingga 10 rekening yang
                                                                     dituju.

                                Separate personal and business       Enable business professionals to manage finances, improve productivity, and handle financial transactions
                                money with Raya Bisnis               in a single application, separate business finances for production costs, bills, and employee salaries up
                                                                     to 5 Saku, also equipped with a transfer feature at once up to 10 destination accounts.
Uang Saku                       Tabungan milik nasabah yang          Orang tua dapat melakukan pembukaan uang saku untuk anaknya dengan melampirkan informasi
                                diperuntukkan untuk digunakan        Kartu Keluarga dan KIA, anak kemudian akan melakukan verifikasi video call bersama orangtuanya
                                oleh anak nasabah ybs yang           dan akan dapat mengakses aplikasi Raya miliknya sendiri untuk bertransaksi dengan Uang Saku.
                                berusia 10-16 tahun

                                Customer savings that are            Parents can open an allowance for their children by attaching Family Card and Child ID Card information,
                                intended for use by the customer's   the children will then verify by video call with their parents and will be able to access their own Aplikasi
                                children aged 10-16 years            Raya to make transactions with the Allowance.




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      Analisis dan Pembahasan Manajemen               Tata Kelola Perusahaan                          Laporan Keberlanjutan                    Laporan Keuangan Audit
      Management Discussion and Analysis              Good Corporate Governance                       Sustainability Report                    Audited Financial Report




                                                               Produk Pinjaman Digital Untuk Bisnis
                                                                 Digital Loan Products for Business

               Nama Produk                        Deskripsi                                                         Keuntungan
               Product Name                      Description                                                          Benefit

Pinang Maksima                         Maksimalkan potensi usahamu         Pinjaman hingga Rp10 M buat bisnis makin produktif; cicilan ringan dengan bunga kompetitif
                                                                           untuk perkembangan bisnis; bisa ajukan pinjaman berulang buat kebutuhan bisnis makin
                                                                           maksimal; ada beragam produk pinjaman sesuai kebutuhan bisnis, diantaranya: Project
                                                                           Financing, Distributor Financing, dan Financing.

                                       Maximize your business potential    Loans up to Rp10 billion for more productive businesses; light installments with competitive
                                                                           interest rates for business development; can apply for recurring loans to maximize their business
                                                                           needs; there are several loan products available based on business needs, including Project
                                                                           Financing, Distributor Financing, and Financing.
Pinang Performa                        Tingkatkan bisnismu dengan          Pinjaman hingga Rp100 juta buat kembangkan usaha; prosesnya cepat dan mudah secara
                                       pinjaman hingga Rp100 juta          digital cuma 2 hari kerja; dan cicilan hingga 36 bulan, pilih sesuai kebutuhan usaha.

                                       Boost your business with loans      Loans up to Rp100 million to expand your business; fast and easy digital process in just two
                                       up to Rp100 million                 working days, with installments of up to 36 months to suit your business needs.




Pinang Dana Talangan                   Pinjaman untuk talangan usaha       Pinjaman hingga Rp200 juta, biaya ringan tanpa jaminan; jangka waktu singkat dan mudah
                                       hingga Rp200 juta                   ajukan kapan pun; proses cepat dan praktis, langsung ajukan lewat HP

                                       Loans for business bailouts up to   Loans up to Rp200 million, low fees, no collateral; short-term and convenient to apply at any
                                       Rp200 million                       time; fast and practical process, directly apply via cellphone.


 dana talangan
Pinang Connect                         Fasilitas pinjaman yang diberikan   Penyaluran Kredit secara Channeling melalui Fintech/P2P Lending, Plafon sampai Rp2 miliar,
                                       kepada Nasabah melalui partner      Proses Cepat dan Praktis.
                                       Fintech/P2P Lending dengan
                                       Plafon Rp100 Juta s.d. Rp2 miliar

                                       Loan facilities provided to         Credit Distribution via Channeling through Fintech/P2P Lending, Ceiling up to Rp2 billion, Fast
                                       customers through Fintech/P2P       and Practical Process
                                       Lending partners with a ceiling
                                       of Rp100 million to Rp2 billion



                                                           Produk Pinjaman Digital untuk Personal
                                                            Digital Loan Products for Personal Use

               Nama Produk                        Deskripsi                                                         Keuntungan
               Product Name                      Description                                                          Benefit

Pinang Flexi                           Memenuhi segala kebutuhan           Pengajuan cepat dan mudah, hanya butuh e-KTP; tanpa biaya administrasi dan provisi; cicilan
                                       anda dengan pinjaman hingga         hingga 18 bulan, pilih sesuai kebutuhanmu; langsung cair ke rekening gaji.
                                       Rp25 juta

                                       Fulfill all your needs with loans   Fast and simple application, only requires e-KTP; there are no administration or provision fees;
                                       up to Rp25 million                  choose from installments of up to 18 months based on your needs; directly credited to your
                                                                           salary account.


Pinang Flexi Extra                     Memenuhi segala kebutuhanmu         Pinjaman hingga Rp500jt, bunga kompetitif; cicilan hingga 15 tahun, pilih sesuai kebutuhanmu;
                                       dengan pinjaman hingga Rp500        praktis bayar cicilan, otomatis didebet dari rekening gaji; langsung cair ke rekening gaji.
                                       juta

                                       Fulfill all your needs with loans   Loan up to Rp500 million, competitive interest rates; choose from installments of up to 15 years
                                       up to Rp500 million                 based on your needs; easy-to-pay installments, automatically deducted from your salary

                        t                                                  account; and direct payment to your salary account.




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                                                                                                          Annual Report & Sustainability Report      2025               97
Page 98
       Ikhtisar Kinerja                          Laporan Manajemen                               Profil Perusahaan                          Tinjauan Pendukung Bisnis
       Performance Highlights                    Management Report                               Company Profile                            Overview of Business Support Units




                                                                             Produk Transaksi
                                                                           Transaction Products

            Nama Produk                       Deskripsi                                                                Keuntungan
            Product Name                     Description                                                                 Benefit

QRIS Bisnis                       Fasilitas untuk merchant bisa         Pencairan kilat 4 kali dalam sehari, pendaftarannya cepat hanya butuh foto usaha, dan pembayaran
                                  menerima pembayaran melalui           jadi mudah, pembeli tinggal scan QRIS Bisnis-nya.
                                  QRIS

                                  Allows merchants to accept            Fast disbursement up to four times a day, quick registration requiring only a photo of the business, and
                                  payments through QRIS                 easy payments, allowing customers to simply scan the Business QRIS.
QRIS Payment                      Metode Pembayaran dengan              Layanan pembayaran menggunakan QRIS dengan MPM dan CPM. MPM adalah nasabah melakukan
                                  menggunakan QRIS                      scan di QR Merchant. CPM adalah Nasabah yang menunjukan QR untuk di scan oleh merchant.

                                  Payment Methods Using QRIS            Payment services using QRIS with MPM and CPM. MPM is when the customer scans the QR code at the
                                                                        merchant. CPM is when the customer shows the QR code to be scanned by the merchant.
Transfer                          Berbagai metode layanan               Layanan transfer yang tersedia di Bank Raya mencakup BI Fast, transfer online, sesama Raya, SKN, dan
                                  transfer                              RTGS, sehingga nasabah dapat memilih metode yang paling sesuai dengan kebutuhan transaksi mereka.

                                  Various transfer methods              Transfer services available at Bank Raya, which include BI Fast, online transfer, fellow Raya accounts,
                                                                        SKN, and RTGS, allowing customers to choose the method that best suits their transaction needs.
Tarik Tunai Tanpa Kartu           Layanan tarik tunai tanpa kartu       Layanan tarik tunai (cardless) dapat dilakukan melalui ATM BRI, Indomaret, Community Branch Raya
                                  di berbagai channel                   (CB Raya), Agen BRILink, serta seluruh cabang BRI sehingga nasabah memiliki banyak pilihan titik
                                                                        penarikan yang mudah dijangkau.

Cardless Cash Withdrawals         Cardless cash withdrawals             Cardless cash withdrawals are available through ATM BRI, Indomaret, Community Branch Raya (CB
                                  available through various             Raya), BRILink agents, and all BRI branches, providing customers with a wide selection of convenient
                                  channels                              withdrawal points.
Setor Tunai Tanpa Kartu           Layanan setor tunai tanpa kartu       Layanan setor tunai tanpa kartu dapat dilakukan melalui Agen BRILink, Community Branch Raya (CB
                                  di berbagai channel                   Raya), dan cabang BRI, memberi nasabah fleksibilitas untuk menyetor uang di lokasi yang paling
                                                                        nyaman bagi nasabah
Cardless Cash Deposits            Cardless cash deposits available
                                  through various channels              Cardless Cash deposits can be made through BRILink Agents, Cash Branch Raya (CB Raya), and BRI
                                                                        branches, giving customers the flexibility to deposit money at their most convenient location.
Bill Payment                      Berbagai pembayaran biller            Layanan pembayaran mencakup listrik (Token PLN, Pascabayar, Non-Taglis, Manual Advice), kartu
                                                                        kredit, VA, serta top up e-wallet seperti Gopay, ShopeePay, OVO, dan LinkAja. Pengguna juga bisa
                                                                        membeli pulsa XL, Telkomsel, Indosat, dan Tri, termasuk layanan pascabayar untuk XL, Halo, dan
                                                                        Indosat. Pembayaran Telkom, internet dan TV kabel (MNC dan IndiHome), BPJS, zakat, dan donasi,
                                                                        DPLK BRI, PDAM, hingga cicilan multifinance seperti Mega Central Finance, HCI, BAF, Mega Finance,
                                                                        Mega Auto Finance, MPM Finance, dan Radana Finance juga tersedia dalam satu tempat.

                                  Various biller payments               Payment services that include electricity (PLN Token, Postpaid, Non-Taglis, Manual Advice), credit
                                                                        cards, VA, and e-wallet top-ups such as Gopay, ShopeePay, OVO, and LinkAja. Users can also purchase
                                                                        credit for XL, Telkomsel, Indosat, and Tri, as well as postpaid services for XL, Halo, and Indosat. Payments
                                                                        for Telkom, internet and cable TV (MNC and IndiHome), BPJS (Social Security), zakat (alms), donations,
                                                                        BRI DPLK (Financial Institution Pension Fund), PDAM (Regional Water Company), and multifinance
                                                                        installments such as Mega Central Finance, HCI, BAF, Mega Finance, Mega Auto Finance, MPM Finance,
                                                                        and Radana Finance are also available in one place.
Manajemen Kartu Debit GPN         Request dan atur kartu GPN            Manajemen Kartu Debit GPN memungkinkan pengguna untuk melakukan request kartu, melihat
                                  langsung di Aplikasi Raya             riwayat transaksi kartu, memblokir kartu, dan mengatur berbagai pengaturan kartu langsung melalui
                                                                        Aplikasi Raya, sehingga segala kebutuhan terkait kartu dapat diurus dengan cepat dan praktis.

GPN Debit Card Management         Request and manage GPN cards          GPN Debit Card Management allows users to request cards, view card transaction history, block cards,
                                  directly in Aplikasi Raya             and manage various card settings directly through Aplikasi Raya, allowing all card-related needs to
                                                                        be handled quickly and conveniently.
Kartu Debit Virtual Visa          Kartu debit digital di aplikasi       Kartu Debit Virtual Visa dapat digunakan untuk e-commerce dan berbagai layanan online subscription,
                                  Raya untuk berbagai transaksi         dengan fitur untuk request kartu, melihat riwayat transaksi, memblokir kartu, serta mengatur preferensi
                                  online                                kartu langsung dari aplikasi Raya, sehingga pengalaman belanja digital menjadi lebih mudah dan
                                                                        aman.

Visa Virtual Debit Card           Digital debit card in Aplikasi Raya   The Visa Virtual Debit Card can be used for e-commerce and various online subscription services. It
                                  for various online transactions       offers features such as requesting a card, viewing transaction history, blocking the card, and managing
                                                                        card preferences directly from Aplikasi Raya, making your digital shopping experience easier and
                                                                        safer.




98         PT Bank Raya Indonesia Tbk
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        Analisis dan Pembahasan Manajemen                         Tata Kelola Perusahaan                           Laporan Keberlanjutan                     Laporan Keuangan Audit
        Management Discussion and Analysis                        Good Corporate Governance                        Sustainability Report                     Audited Financial Report




Produk dan Layanan Lainnya
Other Products and Services

                                                                                        Layanan
                                                                                        Services

                                                                                  Layanan Treasury                                            Layanan E-Banking
                           Sapa Raya
                                                                                  Treasury Services                                           E-Banking Services

 Layanan contact center 24/7 yang dapat diakses oleh Nasabah        Foreign Exchange Transaction (Tod, Tom, Spot       •     Aplikasi Bank Raya (Raya Apps)
 melalui:                                                           & Forward)                                         •     Uang Elektronik BRIZZI (Co-branding BRI)
 •    Call Center 1500 494                                                                                             •     Cash Management System (CMS) Raya
 •    WhatsApp 0812 10000 494                                                                                          •     Virtual Account
 •    DM Instagram @bankraya
 •    Livechat Aplikasi Raya

 24/7 contact center services can be accessed by customers                                                             •     Bank Aplikasi Raya (Raya Apps)
 through:                                                                                                              •     BRIZZI Electronic Money (BRI Co-branding)
 •    Call Center: 1500 494                                                                                            •     Raya Cash Management System (CMS)
 •    WhatsApp: 0812 10000 494                                                                                         •     Virtual Account
 •    Instagram DM: @bankraya
 •    In-app Live Chat at Aplikasi Raya



Selama tahun 2025 Bank Raya telah melakukan launching produk dan/                               Throughout 2025, Bank Raya launched new digital banking products and/
atau layanan perbankan digital baru yakni Fitur Investasi berupa Perencanaan                    or services, namely Investment Features in the form of Pension Fund Planning
Dana Pensiun bekerja sama dengan DPLK BRI (BRIFINE), Fitur Kartu Debit                          in collaboration with DPLK BRI (BRIFINE), VISA Digital Debit Card Features,
Digital VISA, Fitur Debit Card Management, Fitur QRIS Payment (Issuing)                         Debit Card Management Features, QRIS Payment (Issuing) Features with
dengan metode Customer Presented Mode (CPM), Fitur Bill Payment seperti                         the Customer Presented Mode (CPM) method, Bill Payment Features such
Zakat & Donasi, PDAM, Multifinance, serta payment enabler lainnya berupa                        as Zakat & Donations, PDAM, Multifinance, as well as other payment enablers
Advance Schedule Payment (transfer dan top up e-wallet terjadwal), serta                        in the form of Advance Schedule Payment (scheduled e-wallet transfers
Raya Paylater.                                                                                  and top ups), and Raya Pay Later.


            Layanan                                                                                     Deskripsi
             Service                                                                                   Description

 Kerjasama Fitur DPLK BRI        Penerbitan kartu debit virtual (non fisik) Bank Raya dengan Visa untuk bertransaksi di seluruh merchant yang tergabung dalam jaringan Visa.
 (BRIFINE)                       Penambahan Channel transaksi, kapabilitas transaksi crossborder, transaksi lebih cepat dan praktis, meningkatkan utilitas transaksi.

 BRI DPLK Feature                Issuance of a virtual (non-physical) Bank Raya debit card with a Visa for transactions at all merchants within Visa network. Additional transaction
 Collaboration (BRIFINE)         channels, cross-border capabilities, faster and more convenient transactions, increase transaction utility.
 Kerjasama Kartu Debit           Penerbitan kartu debit virtual (non fisik) Bank Raya dengan BIN Visa untuk bertransaksi di seluruh merchant yang tergabung dalam jaringan Visa.
 dengan Principal Visa           Penambahan Channel transaksi, kapabilitas transaksi crossborder, transaksi lebih cepat dan praktis, meningkatkan utilitas transaksi.

 Debit Card Collaboration with   Issuance of a virtual (non-physical) Bank Raya debit card with a Visa BIN for transactions at all merchants within Visa network. Additional transaction
 Principal Visa                  channels, cross-border capabilities, faster and more convenient transactions, increase transaction utility.
 Debit Card Management via       Manajemen kartu debit fisik via Aplikasi merupakan fitur pada Aplikasi Mobile Bank Raya yang digunakan untuk melakukan Ganti PIN, Lupa PIN,
 Aplikasi Raya                   Blokir Sementara, Buka Blokir Kartu & Blokir Permanen pada kartu GPN Nasabah. Memberikan kemudahan bagi nasabah Bank Raya untuk
                                 melakukan request kartu debit GPN tanpa harus datang ke unit kerja.

 Debit Card Management via       Physical debit card management via the app is a feature on Bank Raya Mobile App that allows customers to change their PIN, forget their PIN,
 Aplikasi Raya                   temporarily block, unblock, and permanently block their GPN cards. This makes it easy for Bank Raya customers to request a GPN debit card
                                 without having to visit a branch.
 Raya Paylater                   Raya Paylater merupakan pinjaman multiguna untuk nasabah aktif Bank Raya yang hanya dapat digunakan untuk transaksi pembayaran
                                 (payment). Nasabah dapat mendapatkan fasilitas pinjaman yang cepat dan praktis serta tanpa agunan.

                                 Raya Paylater is a multi-purpose loan for active Bank Raya customers that can only be used for payment transactions. Customers can access
                                 fast, convenient loan facilities without collateral.
 Raya API                        Layanan Open API yang akan dikembangkan terdiri dari service utama API seperti inquiry, mutasi, dan transfer; serta pengembangan laman
                                 web developer portal yang dapat langsung digunakan oleh mitra untuk memulai kerjasama dengan Bank Raya melalui API. Sebagai jembatan
                                 untuk menghubungkan bank dengan ekosistem digital yang dapat memperluas jangkauan Bank, menciptakan pengalaman pelanggan yang
                                 lebih baik, serta mengakselerasi pertumbuhan simpanan dan fee based income Bank.

                                 The Open API services to be developed include core API services such as inquiries, transactions, and transfers; as well as a developer portal website
                                 that partners can use directly to initiate collaborations with Bank Raya through the API. This will serve as a bridge connecting the bank with the digital
                                 ecosystem, expanding its reach, creating a better customer experience, and accelerating the growth of deposits and fee-based income.
 QRIS Customer Presented         QRIS CPM (Customer Presented Mode) merupakan metode pembayaran dengan mekanisme menunjukan QR berstandard nasional (QRIS) di
 Mode (CPM)                      device aplikasi Bank Raya yang kemudian di scan oleh pihak merchant. QRIS CPM Bank Raya bekerja sama dengan switching Jalin sebagai
                                 penerusan transaksi off us.

                                 QRIS CPM (Customer Presented Mode) is a payment method that uses a national standard QR code (QRIS) displayed on Bank Aplikasi Raya,
                                 which is then scanned by the merchant. Bank Raya's QRIS CPM collaborates with Jalin Switching to forward off-the-shelf transactions.
 Raya Virtual Account            Layanan pembuatan, pengaturan (ubah, hapus, limitasi dan masa berlaku), pembayaran Virtual Account serta penyediaan dashboard monitoring
                                 dan manajemen untuk transaksi Virtual Account (Close Billing, Open Billing, Non Billing) yang tersedia dalam bentuk host to host atau melalui
                                 API serta Uker Bank Raya.

                                 Services for creating, setting (changing, deleting, limiting and expiring), paying Virtual Accounts as well as providing monitoring and management
                                 dashboards for Virtual Account transactions (Close Billing, Open Billing, Non-Billing), which are available in host to host form or via API and Bank
                                 Raya Work Unit.




                                                                                                          Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                        Annual Report & Sustainability Report       2025              99
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        Ikhtisar Kinerja                              Laporan Manajemen                       Profil Perusahaan                    Tinjauan Pendukung Bisnis
        Performance Highlights                        Management Report                       Company Profile                      Overview of Business Support Units




Transformasi Layanan Perbankan Digital
Digital Banking Services Transformation [OJK F.26]

Pada 22 Februari 2022, Bank Raya meluncurkan Aplikasi                                                     On February 22, 2022, Bank Raya launched Aplikasi Raya,
Raya, aplikasi mobile banking yang memberikan                                                             a mobile banking application that provides easy access
kemudahan akses informasi dan layanan perbankan                                                           to banking information and services in one application.
dalam satu aplikasi. Aplikasi Raya saat ini menawarkan                                                    Aplikasi Raya currently offers various features, including
beragam fitur, termasuk pembukaan rekening digital,                                                       digital account opening, financial management through
pengelolaan keuangan melalui Saku Raya (terdiri dari                                                      Saku Raya (consisting of Saku Bujet, Saku Jaga, and Saku
Saku Bujet, Saku Jaga, dan Saku Pintar), berbagai metode                                                  Pintar), various transfer methods (BI Fast, transfers between
transfer (BI Fast, transfer sesama rekening, online, SKN,                                                 accounts, online, SKN, and RTGS), as well as payment and
dan RTGS), serta fitur pembayaran dan isi ulang untuk                                                     top-up features for e-wallets, mobile credit, PLN bills,
e-wallet, pulsa, tagihan PLN, internet, dan lainnya.                                                      internet, and others.

Dalam perkembangan selanjutnya, inovasi produk perbankan digital yang                   In further developments, the digital banking product innovations developed
dikembangkan oleh Bank Raya selama tahun 2025 adalah Pinang Dana                        by Bank Raya during 2025 included Pinang Dana Talangan for BRI Merchants,
Talangan for BRI Merchant, BRIFINE Investment, cashier access & QRIS                    BRIFINE Investment, cashier access, QRIS Acquirers, Raya Points, Zakat and
Acquirer, Raya Points, Zakat and Donation, Raya Story, dan Tagih Uang                   Donation, Raya Story, and Tagih Uang on Saku Bareng. Bank Raya also
pada Saku Bareng. Bank Raya juga mengembangkan Raya Paylater,                           developed Raya Paylater, Digital Debit VISA Card, Uang Saku, and Financial
Digital Debit VISA Card, Uang Saku, dan Financial Menu. Disamping inovasi               Menu. In addition to product innovation, Bank Raya optimized synergies
produk, Bank Raya juga mengoptimalkan sinergi dengan di luar Grup BRI                   with parties outside BRI Group to support business expansion.
untuk mendukung ekspansi bisnis.


 Aplikasi Raya 1.0               Aplikasi Raya 1.0 diluncurkan pada 11 September 2020
                                 Aplikasi Raya 1.0 was launched on September 11, 2020

 12 Fitur                        Aplikasi Raya 1.0 menyediakan berbagai fitur adalah sebagai berikut:
 12 Features                     The features provided in Aplikasi Raya 1.0 application are as follows:
                                 a.   Transfer Online
                                      Online Transfer
                                 b.   Transfer SKN
                                      SKN Transfer (National Clearing System)
                                 c.   Transfer RTGS
                                      RTGS Transfer
                                 d.   Pulsa Prabayar (XL, Indosat, Telkomsel, Three)
                                      Prepaid Credit (XL, Indosat, Telkomsel, Three)
                                 e.   Pulsa Pascabayar (XL, Indosat, Halo)
                                      Postpaid Credit (XL, Indosat, Halo)
                                 f.   Pascabayar (PSTN, Internet Telkom & Finpay)
                                      Postpaid (PSTN, Telkom Internet & Finpay)
                                 g.   TV Berlangganan (MNC & Transvision)
                                      TV Subscription (MNC & Transvision)
                                 h.   PLN (Postpaid, Token, Nontaglis)
                                      Electricity (Postpaid, Token, Nontaglis)
                                 i.   Pembayaran Kartu Kredit
                                      Credit Card Payment
                                 j.   Top up Wallet (Linkaja, Ovo, Gopay, Mynt)
                                      Wallet top up (Linkaja, Ovo, Gopay, Mynt)
                                 k.   Top up Brizzi
                                      Brizzi top up
                                 l.   QRIS Issuer




100 PT Bank Raya Indonesia Tbk
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        Analisis dan Pembahasan Manajemen                  Tata Kelola Perusahaan                         Laporan Keberlanjutan                     Laporan Keuangan Audit
        Management Discussion and Analysis                 Good Corporate Governance                      Sustainability Report                     Audited Financial Report




Selanjutnya, Bank Raya melakukan inovasi Aplikasi Raya 2.0 tersebut setiap              Afterwards, Bank Raya conducts Aplikasi Raya 2.0 innovation every year,
tahun yang dapat diringkas sebagai berikut                                              which can be summarized as follows.


 Aplikasi Raya 2.0             Aplikasi Raya 2.0 diluncurkan pada 22 Februari 2022
                               Aplikasi Raya 2.0 was launched on February 22, 2022

 Total 46 Fitur                Beragam fitur yang ditawarkan pada aplikasi App 2.0 adalah sebagai berikut:
 Total 46 Features             The various features offered in App 2.0 application are as follows:

                                Pembukaan tabungan online                        Bayar BPJS                                    Notifikasi promo (push notif)
                                Open savings account online                      BPJS Payment                                  Promotional Notifications (Push Notifications)
                                Saku Raya (Utama, Jaga, Bujet, Pintar, Bisnis,   Zakat & Donasi                                Inbox notifikasi
                                Bareng, Uang Saku)                               Alms & Donations                              Inbox Notifications
                                Transfer (BIFast, SKN, RTGS, RTOL, Internal)     DPLK BRI                                      In Apps Popup Campaign
                                Tarik tunai (cardless)                           PDAM                                          Perangkat terpercaya
                                Cash withdrawals (cardless)                                                                    Trusted Devices
                                Setor tunai                                      Multifinance                                  Password & PIN
                                Cash deposit
                                Transaksi Terjadwal                              Integrasi Fitur Pinang Flexi                  Ekstra Pengamanan Transaksi
                                Scheduled transaction                            Pinang Flexi Feature Integration              Extra Transaction Security
                                Pembayaran QRIS                                  Raya Paylater                                 Informasi & Ketentuan
                                QRIS payment                                                                                   Information & Terms
                                Pembayaran Listrik                               Member get member (referral code)             Smart login
                                Electricity payment
                                Bayar Kartu Kredit                               Reward voucher                                Verifikasi Email
                                Credit card payment                                                                            Email Verification
                                Bayar Virtual Account                            Mission (gamification)                        Pengaturan Notifikasi Promo
                                Virtual account payment                                                                        Promotional Notification Settings
                                Top up e-wallet                                  Raya Poin                                     Security Info
                                E-wallet top-up                                  Raya Points
                                Pulsa                                            Raya Membership                               Raya Story & Keuangan
                                Phone credit                                                                                   Raya Story & Finance
                                Pascabayar                                       Reward Top Saldo                              Live Chat Sapa Raya
                                Postpaid                                         Balance Top-up Reward                         Sapa Raya Live Chat
                                Telkom                                           Reward Hold Saldo                             Manajemen Kartu GPN
                                                                                 Balance Hold Reward                           GPN Card Management
                                Internet & TV kabel                              Highlight Banner (promo & info)               Kartu Debit VISA Virtual
                                Internet & cable TV                                                                            Virtual VISA Debit Card




               Tahun                                                                         Inovasi Aplikasi Raya
                Year                                                                        Aplikasi Raya Innovation

 2023                             a.    Transfer BI Fast | BI Fast Transfer
                                  b.    Pembelian Tiket KAI | KAI Ticket Purchase
                                  c.    Pembayaran VA | VA Payment
                                  d.    Tarik Tunai Cardless (ATM BRI, Community Branch & Agen Brilink) | Cardless Cash Withdrawal (BRI ATM, Community Branch & Brilink
                                        Agent
                                  e.    Setor Tunai Cardless (Agen Brilink & Community Branch) | Cardless Cash Deposit (Brilink Agent, Community Branch)
                                  f.    Reward Transaksi & Mission | Transaction and Mission Rewards
                                  g.    Limit transaksi overnight & change device | Limit Overnight Transactions & Change Device
                                  h.    Extra Security | Extra Security
 2024                             a.    Saku bareng | Saku Bareng
                                  b.    Quick access | Quick Access
                                  c.    Qris acquire cair 4x sehari | QRIS Acquirer with disbursement up to four times a day
                                  d.    Membership Raya | Raya Membership
                                  e.    Saku bisnis | Saku Bisnis
                                  f.    Pengajuan pinang flexi di Aplikasi Raya | Pinang Flexi application via Aplikasi Raya
                                  g.    Auto budget saku bujet | Auto Budget for Saku Bujet
 2025                             1.    Saku Bisnis - Akses Karyawan | Saku Bisnis - Employee Access
                                  2.    Saku Bisnis - Multi Qris | Saku Bisnis - Multi Qris
                                  3.    Saku Bisnis - Business Financial Management | Saku Bisnis - Business Financial Management
                                  4.    Saku Bisnis - Favorite Mass Transfer | Saku Bisnis - Favorite Mass Transfer
                                  5.    Saku Bisnis - Banner for Saku Bisnis | Saku Bisnis - Banner for Saku Bisnis
                                  6.    Uang Saku (Tabungan khusus anak) | Uang Saku (Special Savings Account for Children)
                                  7.    Saku Bareng - Improvement Jumlah Anggota sd. 300 Anggota | Saku Bareng - Improvement of Membership up to 300 Members
                                  8.    Saku Bareng - Rekapitulasi Transaksi Grup | Saku Bareng - Group Transaction Summary
                                  9.    Saku Bareng - Improvement Tagih Uang | Saku Bareng - Improvement of Money Collection
                                  10.   RTGS - Improvement limitasi transaksi RTGS | RTGS - Improvement of RTGS transaction limits




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Inovasi produk dan layanan perbankan digital secara berkesinambungan          The continuous digital banking product and service innovations carried out
yang dilakukan oleh Bank Raya tersebut di atas berhasil mendukung             by Bank Raya, as described above, successfully supported stronger
pencapaian kinerja yang lebih baik pada tahun 2025. Sejalan dengan            achievements in 2025. In line with an increase in Aplikasi Raya downloads
peningkatan jumlah unduhan Aplikasi Raya sebesar 137% yoy menjadi             of 137% year-on-year (yoy) to 2.8 million downloads, the number of
2,8 juta unduhan, jumlah pengguna aplikasi tersebut mengalami kenaikan        application users rose by 19.8% yoy to 1.1 million users.
sebesar 19,8% yoy menjadi 1,1 juta orang.

Peningkatan nilai transaksi tersebut didukung oleh jumlah transaksi yang      This increase in transaction value is supported by the number of transactions
mencapai 4,7 juta transaksi dengan pertumbuhan sebesar 16,3% yoy pada         reaching 4.7 million, representing a 16.3% year-on-year growth by 2025.
tahun 2025. Peningkatan kinerja lainnya terkait dengan kredit dan tabungan    Other performance improvements related to lending and digital savings
digital disajikan dalam tabel berikut ini:                                    are shown in the table below.


                            Uraian
                                                            2025                2024                  2023               2022                 2021
                          Description

 Jumlah Unduhan Aplikasi Raya                             2.793.746           1.179.671               861.295           597.768                29.892
 Number of Aplikasi Raya Downloads
 Jumlah Pengguna Aplikasi Raya                            1.171.328            977.026                805.097           667.501                 2.417
 Number of Aplikasi Raya Users
 Nilai Transaksi (RpTriliun) - Digital                           5,1               4,11                    2,80             1,23                 0,19
 Transaction Value (Rp Trillion) - Digital
 Jumlah Transaksi - Digital                               4.768.955           3.651.761             1.224.695          671.0354                      0
 Number of Transactions - Digital
 Penyaluran kredit digital (RpJuta)                      28.759.521          20.576.000            10.891.000          5.637.010              188.030
 Digital Loan Disbursement (Rp Million)
 Outstanding kredit digital (RpJuta)                      3.066.598           2.290.476             1.261.387           921.983               489.152
 Outstanding Digital Loans (Rp Million)
 Tabungan digital (RpJuta)                                2.198.355           1.318.967               839.251           616.067                      -
 Digital Savings (Rp Million)
 Outstanding kredit digital UMKM (RpJuta)                 2.002.550           1.414.949               905.777           590.356               273.935
 Outstanding MSME Digital Loans (Rp Million)
 Akuisisi Agen BRILink (Ribu)                                48.988             38.207                 27.838             19.892                 120
 BRILink Agent Acquisition (Thousand)




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          Management Discussion and Analysis                Good Corporate Governance                       Sustainability Report                 Audited Financial Report




Wilayah Operasional
Operational Area [OJK C.3]

Bank Raya dalam menjalankan kegiatan usaha di industri perbankan                            In conducting its business activities in the banking industry, Bank Raya
memiliki wilayah operasional yang mencakup sejumlah kota di Indonesia.                      operates across a number of cities in Indonesia. As of December 31, 2025,
Per 31 Desember 2025, jaringan operasional Bank Raya terdiri dari 1 (satu)                  Bank Raya’s operational network consisted of 1 (one) head office, 23
kantor pusat, 23 (dua puluh tiga) community branch, dan 2 (dua) kantor                      (twenty-three) community branches, and 2 (two) cash offices. As a note,
kas. Sebagai catatan, kantor cabang Bank Raya telah dimodifikasi menjadi                    Bank Raya’s branch offices have been transformed into Community Branches
Community Branch sejak tahun 2021. Community Branch tersebut berperan                       since 2021. These Community Branches serve as access points for community
sebagai titik akses untuk komunitas dan sebagai sarana edukasi untuk                        and as centers for education on digital banking services, while also functioning
digital banking services, serta berfungsi juga sebagai akuisisi untuk community-            as acquisition points for community-based/supply chain lending. In addition,
based/supply chain lending. Selain itu, community branch berfungsi untuk                    Community Branches provide beyond solutions by acting as aggregators
menyediakan beyond solution dengan menjadi agregator atau penghubung                        or connectors between merchants and supplier needs, thereby forming a
antara kebutuhan merchant dan supplier sehingga menjadi sebuah                              business ecosystem that can be continuously supported by Bank Raya.
ekosistem bisnis yang dapat terus didukung oleh Bank Raya.

Penjelasan terkait jaringan operasional Bank Raya beserta alamatnya                         Further details on Bank Raya’s operational network and addresses are
dijelaskan berikut ini.                                                                     presented below.


                          Uraian
                                                                    2025                     2024                  2023                   2022                 2021
                        Description

 Kantor Pusat Non Operasional                                          1                        1                     1                      1                   1
 Non-Operational Head Office
 Kantor Cabang (KC)                                                    -                         -                    4                      9                  10
 Branch Office
 Community Branch (CB)                                                23                       23                    13                    10                    2

 Kantor Cabang Pembantu (KCP)                                          -                         -                    6                    11                   15
 Sub-Branch Office
 Kantor Kas (KK)                                                       2                        2                     2                      2                   3
 Cash Office
 E-Buzz                                                                1                        1                     1                      1                   1



Tabel berikut ini menjelaskan daftar alamat unit kerja Bank Raya per 31                     The following table presents the list of addresses of Bank Raya’s working
Desember 2025                                                                               units as of December 31, 2025.


                    Nama Kantor                                                      Alamat                                                Kode Pos          Np. Telp
  No
                    Office Name                                                      Address                                               Zip Code       Phone Number

 1        Kantor Pusat Non Operasional       Gedung Menara BRILiaN, Lantai 20, Jalan Gatot Subroto No. 177A, Jakarta Selatan, DKI       12870            (021) 50931300
          Non-Operational Head Office        Jakarta
 2        Community Branch Menara Brilian    Gedung Menara BRILiaN, Lantai 2, Jalan Gatot Subroto No. 177A, Jakarta Selatan             12870            (021) 22908869
 3        Community Branch Warung Jati       Gedung Bank RAYA. Jl. Warung Jati Barat No. 139, Jakarta Selatan                           12740            (021) 80667667
 4        Community Branch Lampung           Jl. R. Intan No. 104 B & C, Tanjung Karang, Bandar Lampung                                 35118            (0721) 266363
 5        Community Branch Pekanbaru         Jl. Jend. Sudirman No. 231, Kel. Kota Tinggi                                               28112            (0761) 855323
                                             Kec. Pekanbaru Kota, Pekanbaru, Riau
 6        Community Branch Surabaya          Jl. Raya Darmo 121 A, Kel. Darmo, Kec. Wonokromo, Kota Surabaya                            60271            (031) 35934082
 7        Community Branch Medan             Jl. Iskandar Muda Ruko Primier No. 10, Kec. Medan Baru, Kota Medan, Sumatera Utara         20154            (061) 4520401
 8        Community Branch Makassar          Jl. Boulevard KO Jasper II No. 45 A -B Masale,                                             90111            (0411) 3985050
                                             Kec. Panakkukang, Kota Makassar, Sulawesi Selatan
 9        Community Branch Bandung           Jl. Abdul Rivai No.2B, Bandung                                                             40114            (022) 4214500
 10       Community Branch Cirebon           Jl. R. Dewi Sartika No. 188, Cirebon                                                       45611            (0231) 5420991
 11       Community Branch Semarang          Jl. MT. Haryono. No. 970 Ruko Metro Plaza A-2                                              50249            (024) 8416961
                                             Kel. Lamper Kidul, Kec. Semarang Selatan, Semarang
 12       Community Branch Temanggung        Jl. Tentara Pelajar No. 2, Puntuksari, Temanggung I,                                       56212            (0293) 4964592
                                             Kec. Temanggung, Kabupaten Temanggung, Jawa Tengah




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      Performance Highlights               Management Report                              Company Profile                 Overview of Business Support Units




                Nama Kantor                                                     Alamat                                      Kode Pos           Np. Telp
 No
                Office Name                                                     Address                                     Zip Code        Phone Number

13    Community Branch Solo          Jl. Veteran No. 140, Kel. Kratonan, Kec. Serengan, Solo                              57153           (0271) 2936699
14    Community Branch Yogyakarta    Jl. Pangeran Diponegoro No.9 RT 012 RW 003                                           55232           (0274) 5059045
                                     Kel. Gowongan, Kec. Jetis, Kota Yogyakarta,
15    Community Branch Malang        Jl. Letjend S. Parman No. 58B, Purwantoro, Kec. Blimbing, Kota Malang, Jawa Timur    65126           (0314) 4383903
16    Community Branch Lamongan      Jl. Panglima Sudirman Ruko Permata Kav. No.19 Sidokumpul, Lamongan, Jawa Timur       62211           (0322) 3106739
17    Community Branch Denpasar      Ruko Arcade Blok D No. 5, Jl Raya Puputan, Desa Sumerta Kelod Kec. Denpasar Timur,   80239           (0361) 2108001
                                     Kota Denpasar
18    Community Branch Palembang     Jl. Kolonel H. Burlian No. 1458 A-B, Suka Bangun, Kec. Sukarami, Kota Palembang,     30152           (0711) 5278010
                                     Sumatera Selatan
19    Community Branch Bekasi        Jl. Ir. Juanda, Kav. Blok A4 No.3 Bekasi                                             17410           (021) 8866178
20    Community Branch Kasikan       Jl. Raya Kasikan, Desa Kasikan, Dusun 4, Kampar, Riau                                28464           (0762) 7363550
21    Community Branch Lubuk Dalam   Jl. Pertamina Desa Lubuk Dalam, Kec. Lubuk Dalam, Kab. Siak – Riau                   28655           (0761) 7878065
22    Community Branch Ujung Batu    Jl. Sudirman No.100, Ujung Batu, Rokan Hulu, Riau                                    28553           (0762) 7363557

23    Community Branch Air Molek     Jl. Jend Sudirman Air Molek 1, Kec. Pasir Penyu, Kab. Indragiri Hulu, Riau           29352           (0769) 4442407
24    Community Branch Sidoarjo      Jl. H Sunandar P Sudarmo, Kel. Larangan, Kec. Candi, Ruko Taman Jenggala Sidoarjo    61271           (031) 8069252
                                     A.06, Jawa Timur
25    KK Dalu-Dalu                   Empalsement Perkebunan PT. Hutahaean, Desa Dalu-Dalu, Kec. Tambusai Rokan Hulu       28558           08197690369
      Dalu-Dalu Cash Office          Regency, Riau
26    KK Teluk Sono                  Jl. Desa Teluk Sono, Kec. Bonai Darusalam                                            28559           (0762) 7363557
      Teluk Sono Cash Office         Kab. Rokan Hulu, Riau




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           Management Discussion and Analysis                   Good Corporate Governance                   Sustainability Report                  Audited Financial Report




Rantai Pasokan
Supply Chain [GRI 3-3, 204-1]


Untuk mendukung kegiatan usaha Perusahaan, Bank Raya melibatkan                            Bank Raya’s business activities is supported by a number of suppliers of
sejumlah pemasok barang maupun jasa untuk memenuhi kebutuhan                               goods and services to meet its operational needs. In supporting national
operasional Bank. Sebagai upaya mendukung pertumbuhan ekonomi                              economic growth, Bank Raya collaborates with local suppliers, namely
nasional, Bank Raya bekerja sama dengan pemasok lokal. Adapun pemasok                      parties domiciled and operated in Indonesia. Details on the number of
lokal yang dimaksud adalah pihak-pihak yang berdomisili dan menjalankan                    suppliers in 2023-2025 are as follows:
usahanya di Indonesia. Berikut jumlah pemasok pada tahun 2023-2025
adalah sebagai berikut:


                                                                                                       Jumlah Pemasok
                  Keterangan                                                                             Total Supplier
                  Description
                                                                 2025                                       2024                                         2023

 Jumlah Pemasok Lokal                                           104
                                                                                                           165                                           217
 number of local Supplier




Keanggotaan Organisasi atau Asosiasi
Membership of Organizations or Associations [GRI 2-28][OJK C.5]
Bank Raya bergabung dalam beberapa asosiasi profesional dan organisasi                     The Bank joined several professional associations and other organizations
lainnya dalam rangka memperluas jaringan bisnis serta menjalin komunikasi                  to broaden its business network and improve communication with stakeholders.
yang lebih luas dengan para pemangku kepentingan. Per 31 Desember                          As of December 31, 2025, the Bank's membership in organizations or
2025, keanggotaan Bank dalam organisiasi/asosiasi adalah sebagai                           associations is as follows:
berikut:


                                             Nama Asosiasi/Perhimpunan                                                          Posisi di Asosiasi/Organisasi
     No.
                                             Name of Association/Council                                                    Position in Association/Organization

 1           ACI FMA Indonesia (Association Cambiste Internationali - Financial Markets Association)                                     Anggota
             ACI FMA Indonesia (Association Cambiste Internationale – Financial Markets Association)                                     Member
 2           Anggota Swift Indonesia (Aswiftindo)                                                                                        Anggota
             Indonesia Swift Association                                                                                                 Member
 3           APUVINDO : Asosiasi Pasar Uang dan Pasar Valuta Asing Indonesia                                                             Anggota
             The Indonesian Money Market and Foreign Exchange Market Association.                                                        Member
 4           Asosiasi Emiten Indonesia (AEI)                                                                                             Anggota
             Indonesian Public Listed Company Association                                                                                Member
 5           Asosiasi Sistem Pembayaran Indonesia (ASPI)                                                                                 Anggota
             Indonesia Payment System Association                                                                                        Member
 6           Bankers Association for Risk Management (BARA)                                                                              Anggota
             Bankers Association for Risk Management (BARA)                                                                              Member

 7           Forum Komunikasi Direktur Kepatuhan Perbankan (FKDKP)                                                                       Anggota
             Communication Forum for Banking Compliance Director                                                                         Member
 8           Forum Komunikasi Direktur Operasional Perbankan (FKDOP)                                                                     Anggota
             Banking Operations Directors Communication Forum                                                                            Member

 9           HIMDASUN : Himpunan Pedagang Surat Utang Negara                                                                             Anggota
             The Indonesian Government Securities Dealers Association.                                                                   Member
 10          Indonesia Corporate Secretary Association (ICSA)                                                                            Anggota
             Indonesia Corporate Secretary Association (ICSA)                                                                            Member

 11          Indonesia Contact Center Association (ICCA)                                                                                 Anggota
             Indonesia Contact Center Association (ICCA)                                                                                 Member

 12          Lembaga Alternatif Penyelesaian Sengketa Sektor Jasa Keuangan (LAPS SJK)                                                    Anggota
             Alternative Settlement Institution                                                                                          Member
 13          Perhimpunan Bank Nasional (Perbanas)                                                                                        Anggota
             Indonesia Banks Association                                                                                                 Member




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       Performance Highlights                  Management Report                   Company Profile                   Overview of Business Support Units




Struktur Organisasi
Organizational Structure

Struktur organisasi Bank Raya yang berlaku hingga 31 Desember 2025            The organizational structure of Bank Raya in effect up to December 31,
berpedoman pada Surat Keputusan Direksi No. KPTS B.51/Dir.01.02/              2025, was based on the Board of Directors’ Decision Letter No. KPTS B.51/
CMG/08/2024 tanggal 30 Agustus 2024 tentang Penetapan Kembali                 Dir.01.02/CMG/08/2024 dated August 30, 2024 on the Reestablishment
Struktur Organisasi PT Bank Raya Indonesia Tbk adalah sebagai berikut:        of Organizational Structure of PT Bank Raya Indonesia Tbk, as follows:




                                                                                                                                         RUPS
                                                                                                                                         GMS




                                                                                                                                  Dewan Komisaris
                                                                                                                               Board of Commissioners’




                                                                                                                                    Direktur Utama
                                                                                                                                   President Director

                                                                                                                               Ida Bagus Ketut Subagia




               Direktur Digital dan Operasional                                Direktur Bisnis                                    Direktur Keuangan
               Director of Digital and Operations                           Director of Business                                  Director of Finance

                       Lukman Hakim                                        Kicky Andrie Davetra                                   Rustarti Suri Pertiwi




                                                                                                                                     Finance & Asset
                        Digital Operation                                Digital Product Development
                                                                                                                                      Management

                     Achmad Furqan Idrus                                        Ririn Widyani                                        Poppy Lindasari


                     Application, Strategy &
                                                                            Commercial Business                                          Treasury
                          Architecture

                          Doni Arzinal                                         Eka Puspitasari                                  Dian Panca Permata Sari



                        IT Infrastructure                                    Sales & Partnership                                  Change Management

                           Tri Danarto                                       Monika Sari Fardani                                     Witra Priyangga



                 Enterprise Data Management                               Regional Business Office

                           Ivo Julistira                                        Awan Triyoso



                        Credit Operation

                         Lestari Chairini




                                                                            Community Branch




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                  Management Discussion and Analysis                 Good Corporate Governance              Sustainability Report                   Audited Financial Report




            Direktur Manajemen Risiko,
      Kepatuhan dan Sumber Daya Manusia
      Director of Enterprise Risk Management,
         Compliance & Human Resources                                SEVP Credit Risk & Recovery
              Danar Widyantoro
                                                                                  -




                 Human Capital                                            Recovery & Remedi                                           Corporate Secretary

                Yuyus Susdiana                                            Agung Dewandono                                              Ajeng Putri Hapsari


           Enterprise & Portfolio Risk
                                                                          Credit Risk Analysis                                            Audit Internal
                 Management

              Shinta Rachmawati                                         Ayuningtyas Alamsyah                                          Muhammad Antariksa



              Legal & Compliance

              Puguh Dian Seputro



               Procedure & Policy

               Anggia Agrimiradj




       Dewan Komisaris                          Direktur Utama                   SEVP                  Divisi                  Desk                       Community Branch
       Board of Commissioners’                  President Director                                     Division


Komite Dewan Komisaris                                                    Komite Direksi
Komite Pemantau Risiko, Komite Remunerasi & Nominasi, dan                 Komite Kebijakan Perkreditan, Komite Produk, Komite Aset & Liabilitas (ALCO),
Komite Audit.                                                             Komite Pengarah Teknologi Informasi dan Komite Manajemen Risiko.

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        Performance Highlights                 Management Report                         Company Profile                      Overview of Business Support Units




Profil Dewan Komisaris
Board of Commissioners’ Profile

Susunan Dewan Komisaris Bank Raya tidak mengalami perubahan untuk                  The composition of Bank Raya’s Board of Commissioners remained
periode yang berakhir pada 31 Desember 2025 dengan susunan Dewan                   unchanged as of December 31, 2025, with the Board of Commissioners’
Komisaris berikut ini. Adapun informasi terkait pelatihan dan pengembangan         structure as follows. Information on the training and competency development
kompetensi dari masing-masing anggota Dewan Komisaris yang diikuti                 programs attended by each member of the Board of Commissioners in
pada tahun 2025 disajikan terpisah di bab Tata Kelola Perusahaan.                  2025 is presented separately in the Corporate Governance chapter.


                       Uraian                                       31 Desember 2025                                         31 Desember 2024
                     Description                                    December 31, 2025                                        December 31, 2024

 Komisaris Utama                                    Muhamad Sidik Heruwibowo                                 Muhamad Sidik Heruwibowo
 President Commissioner
 Komisaris Independen                               Retno Wahyuni Wijayanti                                  Retno Wahyuni Wijayanti
 Independent Commissioner
 Komisaris Independen                               Johanes Kuntjoro Adisardjono                             Johanes Kuntjoro Adisardjono
 Independent Commissioner
 Komisaris                                          Nyimas Dewi Ratih Kamil                                  Nyimas Dewi Ratih Kamil
 Commissioner


Adapun profil dari masing-masing anggota Dewan Komisaris Bank Raya                 The profiles of each member of Bank Raya’s Board of Commissioners during
selama tahun adalah sebagai berikut:                                               the year are as follows:




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        Management Discussion and Analysis              Good Corporate Governance                      Sustainability Report                Audited Financial Report




                                                                                 Muhamad Sidik Heruwibowo
                                                                                 Komisaris Utama
                                                                                 President Commissioner


                                                                                  Periode Jabatan             Pertama (10 Mei 2023 - RUPS 2026)
                                                                                  Term of Office              First (May 10, 2023 – GMS 2026)
                                                                                  Usia                        59 tahun pada akhir tahun buku 2025
                                                                                  Age                         59 years old at the end of fiscal year 2025
                                                                                  Kewarganegaraan             Indonesia
                                                                                  Nationality
                                                                                  Domisili                    Jakarta Pusat
                                                                                  Domicile                    Central Jakarta




Dasar Hukum Pengangkatan          Keputusan Rapat Umum Pemegang Saham Tahunan pada 10 Mei 2023 yang dikukuhkan dalam Akta No. 11 tanggal 16 Mei 2023
Legal Basis of Appointment        Resolution of the Annual General Meeting of Shareholders dated May 10, 2023, as notarized in Deed No. 11 dated May 16, 2023
Fit and Proper Test OJK           Surat Keputusan Dewan Komisioner OJK No. KEPR-128/D.03/2023 Tanggal 10 Oktober 2023
OJK’s Fit and Proper Test         Decree of OJK’s Board of Commissioners No. KEPR-128/D.03/2023 dated October 10, 2023
Riwayat Pendidikan                •    Sarjana Jurusan Teknologi Pertanian, Universitas Gadjah Mada (1984)
                                  •    Magister Jurusan Agribisnis, Institut Pertanian Bogor (2000)

Educational Background            •    Bachelor’s Degree in Agricultural Technology, Universitas Gadjah Mada (1984)
                                  •    Master’s Degree in Agribusiness, Institut Pertanian Bogor (2000)
Sertifikasi                       •    Sertifikasi Qualified Government Internal Auditor (QGIA)
                                  •    Sertifikasi Kualifikasi 6 Bidang Manajemen Risiko Perbankan
                                  •    Indonesia Internal Audit Practitioner (IIAP)
                                  •    Certified Risk Governance Professional (CRGP)
                                  •    Sertifikasi Qualified Healthcare Internal Auditor (QHIA)
                                  •    Certified Fraud Examiner (CFE)
                                  •    Certified Risk Management Assurance (CRMA)
                                  •    Qualified Internal Auditor (QIA)

Certifications                    •    Qualified Government Internal Auditor (QGIA) Certification
                                  •    Qualified Certification in 6 Areas of Banking Risk Management
                                  •    Indonesia Internal Audit Practitioner (IIAP)
                                  •    Certified Risk Governance Professional (CRGP)
                                  •    Qualified Healthcare Internal Auditor (QHIA) Certification
                                  •    Certified Fraud Examiner (CFE)
                                  •    Certified Risk Management Assurance (CRMA)
                                  •    Qualified Internal Auditor (QIA)
Pengalaman Kerja                  •    Komisaris Utama PT Bank Raya Indonesia Tbk (2023-sekarang)
                                  •    Instruktur Bridge Institute (2022-2023)
                                  •    Internal Audit Head, Head Office Audit BRI (2020-2022)
                                  •    Direktur Utama, PT Bahana Arta Ventura (2018 - 2020)
                                  •    Kepala Divisi Corporate Transformation, BRI (2017 - 2018)
                                  •    Inspektur Audit, Kantor Inspeksi BRI Medan (2016 - 2017)

Work Experience                   •    President Commissioner of PT Bank Raya Indonesia Tbk (2023–present)
                                  •    Instructor at Bridge Institute (2022–2023)
                                  •    Head of Internal Audit, BRI Head Office Audit (2020–2022)
                                  •    President Director of PT Bahana Arta Ventura (2018–2020)
                                  •    Head of Corporate Transformation Division, BRI (2017–2018)
                                  •    Audit Inspector, BRI Medan Inspection Office (2016–2017)
Rangkap Jabatan                   Tidak memiliki rangkap jabatan hingga 31 Desember 2025
Concurrent Position               No concurrent positions as of December 31, 2025
Hubungan Afiliasi                 Tidak memiliki hubungan afiliasi baik dengan anggota Direksi, anggota Dewan Komisaris lainnya maupun dengan pemegang saham
                                  pengendali.
Affiliation                       No affiliation with members of the Board of Directors, other members of the Board of Commissioners or the controlling shareholders.




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          Ikhtisar Kinerja                              Laporan Manajemen                            Profil Perusahaan                  Tinjauan Pendukung Bisnis
          Performance Highlights                        Management Report                            Company Profile                    Overview of Business Support Units




Retno Wahyuni Wijayanti
Komisaris Independen
Independent Commissioner


Periode Jabatan              Pertama (10 Mei 2023 - RUPS 2026)
Term of Office               First (May 10, 2023 – GMS 2026)
Usia                         60 tahun pada akhir tahun buku 2025
Age                          60 years old at the end of fiscal year 2025
Kewarganegaraan              Indonesia
Nationality
Domisili                     Tangerang Selatan
Domicile                     South Tangerang




 Dasar Hukum Pengangkatan                Keputusan Rapat Umum Pemegang Saham Tahunan pada 10 Mei 2023 yang dikukuhkan dalam Akta No. 11 tanggal 16 Mei 2023
 Legal Basis of Appointment              Resolution of the Annual General Meeting of Shareholders dated May 10, 2023, as notarized in Deed No. 11 dated May 16, 2023
 Fit and Proper Test OJK                 Surat Keputusan Dewan Komisioner OJK No. KEPR-127/D.03/2023 Tanggal 10 Oktober 2023
 OJK’s Fit and Proper Test               Decree of OJK’s Board of Commissioners No. KEPR-127/D.03/2023 dated October 10, 2023
 Riwayat Pendidikan                      •    Sarjana Sosial Ekonomi Pertanian, Institut Pertanian Bogor (1984)
                                         •    MBA-HRM, Drexel University, USA (1997)
                                         •    Doktor di Bidang Ilmu Manajemen , Universitas Indonesia (2025)

 Educational Background                  •    Bachelor’s Degree in Agricultural Socio-Economics, Institut Pertanian Bogor (1984)
                                         •    MBA-HRM, Drexel University, USA (1997)
                                         •    Doctorate Program in Management Science University of Indonesia (2025)
 Sertifikasi                             •    Sertifikasi Kualifikasi 7 Bidang Manajemen Risiko Perbankan
                                         •    Sertifikasi Wealth Management (CWMA)
                                         •    Sertifikasi Asesor Kompetensi (BNSP)

 Certifications                          •    Qualification Certification in 7 Areas of Banking Risk Management
                                         •    Certified Wealth Management (CWMA)
                                         •    Competency Assessor Certification (BNSP)
 Pengalaman Kerja                        •    Komisaris Independen, PT Bank Raya Indonesia Tbk (2023-Sekarang)
                                         •    Direktur, Lembaga Pengembangan Perbankan Indonesia (LPPI) (2022-Saat Ini)
                                         •    Komisaris, PT Bahana Bukit Pelangi (2021-2022)
                                         •    SEVP Change Management & Transformation Office, BRI (2020-2021)
                                         •    Chief Learning Officer, BRI Corporate University (2018-2020)
                                         •    Kepala Divisi Project Management Office, BRI (2017-2018)
                                         •    Kepala Divisi Corporate Development and Strategy (2016-2017)

 Work Experience                         •    Independent Commissioner of PT Bank Raya Indonesia Tbk (2023–present)
                                         •    Director of Indonesian Banking Development Institute (LPPI) (2022–present)
                                         •    Commissioner of PT Bahana Bukit Pelangi (2021–2022)
                                         •    SEVP, Change Management & Transformation Office, BRI (2020–2021)
                                         •    Chief Learning Officer, BRI Corporate University (2018–2020)
                                         •    Head of Project Management Office Division, BRI (2017–2018)
                                         •    Head of Corporate Development and Strategy Division, BRI (2016–2017)
 Rangkap Jabatan                         Direktur Lembaga Pengembangan Perbankan Indonesia (LPPI)
 Concurrent Position                     Director of the Indonesian Banking Development Institute (LPPI)
 Hubungan Afiliasi                       Tidak memiliki hubungan afiliasi baik dengan anggota Direksi, anggota Dewan Komisaris lainnya maupun dengan pemegang saham
                                         pengendali.
 Affiliation                             No affiliation with members of the Board of Directors, other members of the Board of Commissioners or the controlling shareholders.




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        Analisis dan Pembahasan Manajemen                Tata Kelola Perusahaan                        Laporan Keberlanjutan                 Laporan Keuangan Audit
        Management Discussion and Analysis               Good Corporate Governance                     Sustainability Report                 Audited Financial Report




                                                                                    Johanes Kuntjoro Adisardjono
                                                                                    Komisaris Independen
                                                                                    Independent Commissioner


                                                                                     Periode Jabatan           Pertama (3 Oktober 2023 - RUPS 2026)
                                                                                     Term of Office            First (October 3, 2023 – GMS 2026)
                                                                                     Usia                      61 tahun pada akhir tahun buku 2025
                                                                                     Age                       61 years old at the end of fiscal year 2025
                                                                                     Kewarganegaraan           Indonesia
                                                                                     Nationality
                                                                                     Domisili                  Jakarta Pusat
                                                                                     Domicile                  Central Jakarta




Dasar Hukum Pengangkatan          Keputusan Rapat Umum Pemegang Saham Luar Biasa pada 3 Oktober 2023 yang dikukuhkan dalam Akta No. 08 tanggal 06 Oktober
                                  2023
Legal Basis of Appointment        Resolution of the Extraordinary General Meeting of Shareholders dated October 3, 2023, as notarized in Deed No. 08 dated October 6,
                                  2023
Fit and Proper Test OJK           Surat Keputusan Dewan Komisioner OJK No. KEPR-1/PB.02/2024 tanggal 7 Maret 2024
OJK’s Fit and Proper Test         Decree of OJK’s Board of Commissioners No. KEPR-1/PB.02/2024 dated March 7, 2024
Riwayat Pendidikan                •    Sarjana Ekonomi Akuntansi, Universitas Indonesia (1983)
                                  •    Magister Agribisnis, Institut Pertanian Bogor (1999)

Educational Background            •    Bachelor’s Degree in Economics (Accounting), Universitas Indonesia (1983)
                                  •    Master’s Degree in Agribusiness, Institut Pertanian Bogor (1999)
Sertifikasi                       •    Sertifikasi Asesor Kompetensi BNSP
                                  •    Sertifikasi Kualifikasi 6 Bidang Manajemen Risiko Perbankan
                                  •    Sertifikasi Kepatuhan - Compliance & AML Manager
                                  •    Sertifikasi Kepatuhan Perbankan - Level Officer
                                  •    Sertifikasi Chartered Accountant (CA) Indonesia
                                  •    Sertifikasi Qualified Internal Auditor (QIA)

Certifications                    •    BNSP Competency Assessor Certification
                                  •    Qualification Certification in 6 Areas of Banking Risk Management
                                  •    Compliance Certification - Compliance & AML Manager
                                  •    Banking Compliance Certification - Officer Level
                                  •    Indonesian Chartered Accountant (CA) Certification
                                  •    Qualified Internal Auditor (QIA) Certification
Pengalaman Kerja                  •    Komisaris Independen, PT Bank Raya Indonesia Tbk (2023-Sekarang)
                                  •    Kepala Divisi Kepatuhan, BRI (2019-2020)
                                  •    Direktur Keuangan, PT Bahana Artha Ventura (2018–2018)
                                  •    Inspektur, Kantor Inspeksi BRI Manado (2017-2018)

Work Experience                   •    Independent Commissioner of PT Bank Raya Indonesia Tbk (2023–present)
                                  •    Head of Compliance Division, BRI (2019–2020)
                                  •    Finance Director, PT Bahana Artha Ventura (2018)
                                  •    Inspector, BRI Manado Inspection Office (2017–2018)
Rangkap Jabatan                   Tidak memiliki rangkap jabatan hingga 31 Desember 2025
Concurrent Position               No concurrent positions as of December 31, 2025
Hubungan Afiliasi                 Tidak memiliki hubungan afiliasi baik dengan anggota Direksi, anggota Dewan Komisaris lainnya maupun dengan pemegang saham
                                  pengendali.
Affiliation                       No affiliation with members of the Board of Directors, other members of the Board of Commissioners or the controlling shareholders.




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          Ikhtisar Kinerja                              Laporan Manajemen                           Profil Perusahaan                      Tinjauan Pendukung Bisnis
          Performance Highlights                        Management Report                           Company Profile                        Overview of Business Support Units




Nyimas Dewi Ratih Kamil
Komisaris
Commissioner


Periode Jabatan              Pertama (21 Agustus 2024 - RUPS 2027)
Term of Office               First (August 21, 2024 – GMS 2027)
Usia                         48 tahun pada akhir tahun buku 2025
Age                          48 years old at the end of fiscal year 2025
Kewarganegaraan              Indonesia
Nationality
Domisili                     Jakarta Selatan
Domicile                     South Jakarta




 Dasar Hukum Pengangkatan                Keputusan Rapat Umum Pemegang Saham Tahunan pada 21 Agustus 2024 yang dikukuhkan dalam Akta No. 20 tanggal 27 Agustus
 Legal Basis of Appointment              2024
                                         Resolution of the Annual General Meeting of Shareholders dated August 21, 2024, as notarized in Deed No. 20 dated August 27, 2024
 Fit and Proper Test OJK                 Surat Keputusan Dewan Komisioner OJK No. KEPR-2/PB.02/2025 tanggal 19 Februari 2025
 OJK’s Fit and Proper Test               Decree of OJK’s Board of Commissioners No. KEPR-2/PB.02/2025 dated February 19, 2025
 Riwayat Pendidikan                      •     Sarjana (S1) Organization Management, Moscow State Open University (2008)
                                         •     Sarjana (S1) Public Administration, Universitas Terbuka Indonesia (2010)
                                         •     Magister (S2) Economics, Moscow Institute of Government and Municipal Management (2018)
                                         •     Magister (S2) Ilmu Administrasi, Universitas Indonesia (2023)

 Educational Background                  •     Bachelor’s Degree (S1) in Organization Management, Moscow State Open University (2008)
                                         •     Bachelor’s Degree (S1) in Public Administration, Universitas Terbuka Indonesia (2010)
                                         •     Master’s Degree (S2) in Economics, Moscow Institute of Government and Municipal Management (2018)
                                         •     Master’s Degree (S2) in Administrative Sciences, Universitas Indonesia (2023)
 Sertifikasi                             Sertifikasi Kualifikasi 6 Bidang Manajemen Risiko Perbankan
 Certifications                          Qualified Certification in 6 Areas of Banking Risk Management
 Pengalaman Kerja                        •     Komisaris, PT Bank Raya Indonesia Tbk (2024-Sekarang)
                                         •     Staf Ahli Kementerian Komunikasi & Informatika, Kementerian Komunikasi & Informatika (Agustus 2023 - Sekarang)
                                         •     Direktur, PT Svarna Global Nusantara (2023 - 2024)
                                         •     Komisaris, PT Rajawali Artha Kayana (2021 - 2024)
                                         •     Deputy Chairman, PT Energi Nusa Asia (2023 - 2024)
                                         •     Vice President Business Development, PT Multi Buana Corporindo (2022 - 2023)
                                         •     Direktur, PT Nusantara Telematics Systems (2020 - 2022)
 Work Experience
                                         •     Commissioner of PT Bank Raya Indonesia Tbk (2024–present)
                                         •     Expert Staff of the Ministry of Communication & Informatics, Ministry of Communication & Informatics (August 2023 - Present)
                                         •     Director of PT Svarna Global Nusantara (2023–2024)
                                         •     Commissioner of PT Rajawali Artha Kayana (2021–2024)
                                         •     Deputy Chairman of PT Energi Nusa Asia (2023–2024)
                                         •     Vice President of Business Development, PT Multi Buana Corporindo (2022–2023)
                                         •     Director of PT Nusantara Telematics Systems (2020–2022)
 Rangkap Jabatan                         Tidak memiliki rangkap jabatan hingga 31 Desember 2025
 Concurrent Position                     No concurrent positions as of December 31, 2025
 Hubungan Afiliasi                       Tidak memiliki hubungan afiliasi baik dengan anggota Direksi, anggota Dewan Komisaris lainnya maupun dengan pemegang saham
                                         pengendali.
 Affiliation                             No affiliation with members of the Board of Directors, other members of the Board of Commissioners or the controlling shareholders.




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        Management Discussion and Analysis               Good Corporate Governance               Sustainability Report                     Audited Financial Report




Profil Direksi
Board of Directors Profile

Keputusan Rapat Umum Pemegang Saham Tahunan (RUPST) Bank Raya                  The Annual General Meeting of Shareholders (AGMS) of Bank Raya, as set
sebagaimana yang dimuat dalam Akta No. 19 Tahun 2025 tanggal 17                forth in Deed No. 19 of 2025 dated July 17, 2025, resolved to honorably
Juli 2025 menyatakan telah memberhentikan dengan hormat Ida Bagus              dismiss Ida Bagus Ketut Subagia as President Director and subsequently
Ketut Subagia sebagai Direktur Utama dan selanjutnya mengangkat                reappoint him as President Director of Bank Raya. In this regard, the
kembali beliau sebagai Direktur Utama Bank Raya. Sehubungan dengan             composition of Bank Raya’s Board of Directors as of December 31, 2025,
hal tersebut, susunan Direksi Bank Raya per 31 Desember 2025 berikut ini.      is as follows. Information on the training and competency development
Adapun informasi terkait pelatihan dan pengembangan kompetensi dari            programs attended by each member of the Board of Directors in 2025 is
masing-masing anggota Direksi yang diikuti pada tahun 2025 disajikan           presented separately in the Corporate Governance chapter.
terpisah di bab Tata Kelola Perusahaan.


                                        Uraian                                            31 Desember 2025                              31 Desember 2024
                                      Description                                         December 31, 2025                             December 31, 2024

 Direktur Utama                                                                 Ida Bagus Ketut Subagia                       Ida Bagus Ketut Subagia
 President Director
 Direktur Keuangan                                                              Rustarti Suri Pertiwi                         Rustarti Suri Pertiwi
 Director of Finance
 Direktur Manajemen Risiko, Kepatuhan dan Sumber Daya Manusia                   Danar Widyantoro                              Danar Widyantoro
 Director of Enterprise Risk Management, Compliance & Human Resources
 Direktur Bisnis                                                                Kicky Andrie Davetra                          Kicky Andrie Davetra
 Director of Business
 Direktur Digital dan Operasional                                               Lukman Hakim                                  Lukman Hakim
 Director of Digital and Operations



Profil dari masing-masing anggota Direksi Perusahaan yang menjabat             The profiles of each member of the Company’s Board of Directors who
selama tahun 2025 adalah sebagai berikut:                                      served during 2025 are as follows:




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          Ikhtisar Kinerja                             Laporan Manajemen                            Profil Perusahaan                  Tinjauan Pendukung Bisnis
          Performance Highlights                       Management Report                            Company Profile                    Overview of Business Support Units




Ida Bagus Ketut Subagia
Direktur Utama
President Director

Periode Jabatan              Pertama (29 September 2022 - RUPS 2025)
Term of Office               First (September 29, 2022 – GMS 2025)


                             Kedua (25 Juni 2025 – RUPS 2028)
                             Second (June 25, 2025 – GMS 2028)
Usia                         59 tahun pada akhir tahun buku 2025
Age                          59 years old at the end of fiscal year 2025
Kewarganegaraan              Indonesia
Nationality
Domisili                     Jakarta
Domicile



 Dasar Hukum Pengangkatan                Keputusan Rapat Umum Pemegang Saham Luar Biasa pada 29 September 2022 yang dikukuhkan dalam Akta No. 01 tanggal 03
 Legal Basis of Appointment              Oktober 2022
                                         Resolution of the Extraordinary General Meeting of Shareholders dated September 29, 2022, as notarized in Deed No. 01 dated October
                                         3, 2022
                                         Keputusan Rapat Umum Pemegang Saham Tahunan pada 25 Juni 2025 yang dikukuhkan dalam Akta No. 19 tanggal 17 Juli 2025
                                         Resolution of the Annual General Meeting of Shareholders on June 25, 2025, confirmed in Deed No. 19 dated July 17, 2025
 Fit and Proper Test OJK                 Surat Keputusan Dewan Komisioner OJK No. KEP-85/PB.1/2022 tanggal 19 Desember 2022
 OJK’s Fit and Proper Test               Decree of OJK’s Board of Commissioners No. KEP-85/PB.1/2022 dated December 19, 2022.
 Riwayat Pendidikan                      •    Sarjana Peternakan, Universitas Udayana (1990)
                                         •    Magister Agribisnis, Universitas Gadjah Mada (2006)

 Educational Background                  •    Bachelor’s Degree in Animal Husbandry, Universitas Udayana (1990)
                                         •    Master’s Degree in Agribusiness, Universitas Gadjah Mada (2006)
 Sertifikasi                             Sertifikasi Kualifikasi 7 Bidang Manajemen Risiko Perbankan
 Certifications                          Qualified Certification in 7 Areas of Banking Risk Management
 Pengalaman Kerja                        •    Direktur Utama, PT Bank Raya Indonesia Tbk (2022-sekarang)
                                         •    Regional CEO Bandung, PT Bank Rakyat Indonesia (Persero) Tbk (2021-2022)
                                         •    Regional CEO Denpasar, PT Bank Rakyat Indonesia (Persero) Tbk (2019-2021)
                                         •    Kepala Divisi Pembinaan Bisnis Mikro (2017-2019)

 Work Experience                         •    President Director of PT Bank Raya Indonesia Tbk (2022–present)
                                         •    Regional CEO Bandung, PT Bank Rakyat Indonesia (Persero) Tbk (2021–2022)
                                         •    Regional CEO Denpasar, PT Bank Rakyat Indonesia (Persero) Tbk (2019–2021)
                                         •    Head of Micro Business Development Division (2017–2019)
 Rangkap Jabatan                         Tidak memiliki rangkap jabatan hingga 31 Desember 2025
 Concurrent Position                     No concurrent positions as of December 31, 2025
 Hubungan Afiliasi                       Tidak memiliki hubungan afiliasi baik dengan anggota Direksi, anggota Dewan Komisaris lainnya maupun dengan pemegang saham
                                         pengendali.
 Affiliation                             No affiliation with members of the Board of Directors, other members of the Board of Commissioners or the controlling shareholders.




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        Management Discussion and Analysis              Good Corporate Governance                      Sustainability Report                 Audited Financial Report




                                                                                  Rustarti Suri Pertiwi
                                                                                  Direktur Keuangan
                                                                                  Director of Finance


                                                                                   Periode Jabatan             Pertama (10 Mei 2023 - RUPS 2026)
                                                                                   Term of Office              First (May 10, 2023 – GMS 2026)
                                                                                   Usia                        48 tahun pada akhir tahun buku 2025
                                                                                   Age                         48 years old at the end of fiscal year 2025
                                                                                   Kewarganegaraan             Indonesia
                                                                                   Nationality
                                                                                   Domisili                    Jakarta
                                                                                   Domicile




Dasar Hukum Pengangkatan          Keputusan Rapat Umum Pemegang Saham Tahunan pada 10 Mei 2023 yang dikukuhkan dalam Akta No.11 tanggal 16 Mei 2023.
Legal Basis of Appointment        Resolution of the Annual General Meeting of Shareholders dated May 10, 2023, as notarized in Deed No. 11 dated May 16, 2023.
Fit and Proper Test OJK           Surat Keputusan Dewan Komisioner OJK No. KEPR-126/D.03/2023 tanggal 10 Oktober 2023
OJK’s Fit and Proper Test         Decree of OJK’s Board of Commissioners No. KEPR-126/D.03/2023 dated October 10, 2023
Riwayat Pendidikan                •    Sarjana Jurusan Akuntansi, Universitas Jenderal Soedirman (1999)
                                  •    Magister Jurusan MBA, Monash University, Australia (2005)

Educational Background            •    Bachelor’s Degree in Accounting, Universitas Jenderal Soedirman (1999)
                                  •    Master’s Degree in Business Administration (MBA), Monash University, Australia (2005)
Sertifikasi                       •    Sertifikasi Kualifikasi 7 Bidang Manajemen Risiko Perbankan
                                  •    Sertifikasi Tresuri Jenjang 7

Certifications                    •    Qualified Certification in 7 Areas of Banking Risk Management
                                  •    Treasury Certification Level 7
Pengalaman Kerja                  •    Direktur Keuangan, PT Bank Raya Indonesia Tbk (2023-Sekarang)
                                  •    Kepala Divisi Investor Relation, BRI (2021-2023)
                                  •    Pgs. Kepala Divisi Subsidiary Management, BRI (2021)
                                  •    Kepala Desk Asset & Liabilities Management (2020-2021)

Work Experience                   •    Director of Finance of PT Bank Raya Indonesia Tbk (2023–present)
                                  •    Head of Investor Relations Division, BRI (2021–2023)
                                  •    Acting Head of Subsidiary Management Division, BRI (2021)
                                  •    Head of Asset & Liabilities Management Desk (2020–2021)
Rangkap Jabatan                   Tidak memiliki rangkap jabatan hingga 31 Desember 2025
Concurrent Position               No concurrent positions as of December 31, 2025
Hubungan Afiliasi                 Tidak memiliki hubungan afiliasi baik dengan anggota Direksi, anggota Dewan Komisaris lainnya maupun dengan pemegang saham
                                  pengendali.
Affiliation                       No affiliation with members of the Board of Directors, other members of the Board of Commissioners or the controlling shareholders.




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          Ikhtisar Kinerja                             Laporan Manajemen                          Profil Perusahaan                      Tinjauan Pendukung Bisnis
          Performance Highlights                       Management Report                          Company Profile                        Overview of Business Support Units




Danar Widyantoro
Direktur Manajemen Risiko, Kepatuhan dan Sumber Daya Manusia
Director of Enterprise Risk Management, Compliance & Human Resources


Periode Jabatan              Pertama (10 Mei 2023 - RUPS 2026)
Term of Office               First (May 10, 2023 – GMS 2026)
Usia                         50 tahun pada akhir tahun buku 2025
Age                          50 years old at the end of fiscal year 2025
Kewarganegaraan              Indonesia
Nationality
Domisili                     Bogor
Domicile




 Dasar Hukum Pengangkatan                Keputusan Rapat Umum Pemegang Saham Tahunan pada 10 Mei 2023 yang dikukuhkan dalam Akta No.11 tanggal 16 Mei 2023
 Legal Basis of Appointment              Resolution of the Annual General Meeting of Shareholders dated May 10, 2023, as notarized in Deed No. 11 dated May 16, 2023
 Fit and Proper Test OJK                 Surat Keputusan Dewan Komisioner OJK No. KEPR-87/D.03/2023 tanggal 31 Juli 2023
 OJK’s Fit and Proper Test               Decree of OJK’s Board of Commissioners No. KEPR-87/D.03/2023 dated July 31, 2023
 Riwayat Pendidikan                      •    Sarjana Jurusan Teknik Penerbangan, Institut Teknologi Bandung (1997)
                                         •    Magister jurusan Information Technology, Purdue University of Indianapolis, USA (2014)

 Educational Background                  •    Bachelor’s Degree in Aeronautical Engineering, Institut Teknologi Bandung (1997)
                                         •    Master’s Degree in Information Technology, Purdue University of Indianapolis, USA (2014)
 Sertifikasi                             Sertifikasi Kualifikasi 7 Bidang Manajemen Risiko Perbankan
 Certifications                          Qualified Certification in 7 Areas of Banking Risk Management
 Pengalaman Kerja                        •    Direktur Manajemen Risiko, Kepatuhan dan Sumber Daya Manusia, PT Bank Raya Indonesia Tbk (2023-Sekarang)
                                         •    Kepala Divisi Digital Risk, BRI (2021-2023)
                                         •    Kepala Divisi Enterprise Data Management, BRI (2020-2021)
                                         •    Vice President Application Management & Operation Division, BRI (2018-2020)

 Work Experience                         •    Director of Enterprise Risk Management, Compliance, and Human Resources, PT Bank Raya Indonesia Tbk (2023–present)
                                         •    Head of Digital Risk Division, BRI (2021–2023)
                                         •    Head of Enterprise Data Management Division, BRI (2020–2021)
                                         •    Vice President, Application Management & Operation Division, BRI (2018–2020)
 Rangkap Jabatan                         Tidak memiliki rangkap jabatan hingga 31 Desember 2025
 Concurrent Position                     No concurrent positions as of December 31, 2025
 Hubungan Afiliasi                       Tidak memiliki hubungan afiliasi baik dengan anggota Direksi, anggota Dewan Komisaris lainnya maupun dengan pemegang saham
                                         pengendali.
 Affiliation                             No affiliation with members of the Board of Directors, other members of the Board of Commissioners or the controlling shareholders.




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        Management Discussion and Analysis              Good Corporate Governance                     Sustainability Report                  Audited Financial Report




                                                                                  Kicky Andrie Davetra
                                                                                  Direktur Bisnis
                                                                                  Director of Business


                                                                                   Periode Jabatan             Pertama (30 April 2024 - RUPS 2027)
                                                                                   Term of Office              First (Aprill 30, 2024 – GMS 2027)
                                                                                   Usia                        45 tahun pada akhir tahun buku 2025
                                                                                   Age                         45 years old at the end of fiscal year 2025
                                                                                   Kewarganegaraan             Indonesia
                                                                                   Nationality
                                                                                   Domisili                    Jakarta
                                                                                   Domicile




Dasar Hukum Pengangkatan          Keputusan Rapat Umum Pemegang Saham Luar Biasa pada 30 Mei 2024 yang dikukuhkan dalam Akta No. 34 tanggal 30 Mei 2024.
Legal Basis of Appointment        Resolution of the Extraordinary General Meeting of Shareholders dated May 30, 2024, as notarized in Deed No. 34 dated May 30, 2024.
Fit and Proper Test OJK           Surat Keputusan Dewan Komisioner OJK No. KEPR-17/PB.02/2024 tanggal 15 Agustus 2024.
OJK’s Fit and Proper Test         Decree of OJK’s Board of Commissioners No. KEPR-17/PB.02/2024 dated August 15, 2024.
Riwayat Pendidikan                •    Sarjana Teknik Industri, Institut Teknologi Sepuluh Nopember (2003)
                                  •    MBA of Technology Innovation, Worchester Polytechnic Institute, Amerika Serikat (2010)

Educational Background            •    Bachelor’s Degree in Industrial Engineering, Institut Teknologi Sepuluh Nopember (2003)
                                  •    MBA in Technology Innovation, Worcester Polytechnic Institute, United States of America (2010)
Sertifikasi                       Sertifikasi Kualifikasi 7 Bidang Manajemen Risiko Perbankan
Certifications                    Qualified Certification in 7 Areas of Banking Risk Management
Pengalaman Kerja                  •    Direktur Bisnis PT Bank Raya Indonesia Tbk (2024 - Sekarang)
                                  •    Regional CEO Pekanbaru, BRI (2023-2024)
                                  •    Kepala Divisi Funding & Retail Payment, BRI (2023)
                                  •    Kepala Divisi Mass Funding, BRI (2022-2023)

Work Experience                   •    Director of Business of PT Bank Raya Indonesia Tbk (2024–present)
                                  •    Regional CEO Pekanbaru, BRI (2023–2024)
                                  •    Head of Funding & Retail Payment Division, BRI (2023)
                                  •    Head of Mass Funding Division, BRI (2022–2023)
Rangkap Jabatan                   Tidak memiliki rangkap jabatan hingga 31 Desember 2025
Concurrent Position               No concurrent positions as of December 31, 2025
Hubungan Afiliasi                 Tidak memiliki hubungan afiliasi baik dengan anggota Direksi, anggota Dewan Komisaris lainnya maupun dengan pemegang saham
                                  pengendali.
Affiliation                       No affiliation with members of the Board of Directors, other members of the Board of Commissioners or the controlling shareholders.




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          Ikhtisar Kinerja                             Laporan Manajemen                            Profil Perusahaan                        Tinjauan Pendukung Bisnis
          Performance Highlights                       Management Report                            Company Profile                          Overview of Business Support Units




Lukman Hakim
Direktur Digital dan Operasional
Director of Digital and Operations


Periode Jabatan              Pertama (30 April 2024 - RUPS 2027)
Term of Office               First (April 30, 2024 – GMS 2027)
Usia                         48 tahun pada akhir tahun buku 2025
Age                          48 years old at the end of fiscal year 2025
Kewarganegaraan              Indonesia
Nationality
Domisili                     Jakarta
Domicile




 Dasar Hukum Pengangkatan                Keputusan Rapat Umum Pemegang Saham Luar Biasa pada 30 Mei 2024 yang dikukuhkan dalam Akta No. 34 tanggal 30 Mei 2024.
 Legal Basis of Appointment              Resolution of the Extraordinary General Meeting of Shareholders dated May 30, 2024, as notarized in Deed No. 34 dated May 30, 2024.
 Fit and Proper Test OJK                 Surat Keputusan Dewan Komisioner OJK No. KEPR-16/PB.02/2024 tanggal 15 Agustus 2024
 OJK’s Fit and Proper Test               Decree of OJK’s Board of Commissioners No. KEPR-16/PB.02/2024 dated August 15, 2024
 Riwayat Pendidikan                      •    Sarjana Teknik Elektro, STT Telkom (2002)
                                         •    Master of Computer Science, University of Kent (2012)

 Educational Background                  •    Bachelor’s Degree in Electrical Engineering, STT Telkom (2002)
                                         •    Master of Computer Science, University of Kent (2012)
 Sertifikasi                             •    Sertifikasi Sistem Pembayaran dan Pengelolaan Uang Rupiah (SPPUR) Jenjang 6: Penukaran Valuta Asing & Pembawaan Uang
                                              Kertas Asing
                                         •    Sertifikasi Sistem Pembayaran dan Pengelolaan Uang Rupiah (SPPUR) Jenjang 6: Pengelolaan Transfer Dana Bagi Bank
                                         •    Sertifikasi Sistem Pembayaran dan Pengelolaan Uang Rupiah (SPPUR) Jenjang 6: Pengelolaan Uang Tunai
                                         •    Sertifikasi Kualifikasi 7 Bidang Manajemen Risiko Perbankan

 Certifications                          •    SPPUR Certification Level 6: Foreign Exchange and Carrying Foreign Banknotes
                                         •    SPPUR Certification Level 6: Fund Transfer Management for Banks
                                         •    SPPUR Certification Level 6: Cash Management
                                         •    Qualified Certification in 7 Areas of Banking Risk Management
 Pengalaman Kerja                        •    Direktur Digital & Operasional PT Bank Raya Indonesia Tbk (2024 - Sekarang)
                                         •    SEVP IT, PT Bank Raya Indonesia Tbk (2023 - 2024)
                                         •    Department Head of IT Business Partnership, IT Strategy & Governance Division, BRI (2021 - 2023)
                                         •    Vice President, Satellite Services Operation Department, IT Infrastructure Division, BRI (2020 - 2021)

 Work Experience                         •    Director of Digital & Operations, PT Bank Raya Indonesia Tbk (2024–present)
                                         •    SEVP of IT, PT Bank Raya Indonesia Tbk (2023–2024)
                                         •    Department Head of IT Business Partnership, IT Strategy & Governance Division, BRI (2021–2023)
                                         •    Vice President, Satellite Services Operation Department, IT Infrastructure Division, BRI (2020 - 2021)
 Rangkap Jabatan                         Tidak memiliki rangkap jabatan hingga 31 Desember 2025
 Concurrent Position                     No concurrent positions as of December 31, 2025
 Hubungan Afiliasi                       Tidak memiliki hubungan afiliasi baik dengan anggota Direksi, anggota Dewan Komisaris lainnya maupun dengan pemegang saham
                                         pengendali.
 Affiliation                             No affiliation with members of the Board of Directors, other members of the Board of Commissioners or the controlling shareholders.




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Perubahan Anggota Manajemen Setelah Tahun Buku 2025
Changes in Management Members After Fiscal Year 2025

Bank Raya tidak melaporkan adanya perubahan anggota Dewan Komisaris            Bank Raya did not report any changes in the members of Board of
dan Direksi setelah berakhirnya tahun buku 2025 hingga diterbitkannya          Commissioners and Board of Directors after the end of fiscal year 2025
laporan keuangan audit untuk tahun buku 2025.                                  until the issuance of the audited financial statements for the fiscal year
                                                                               2025.




Profil Pejabat Eksekutif
Profile of Executive Officers




                                                                                    Yuyus Susdiana
                                                                                    Kepala Divisi Human Capital
                                                                                    EVP of Human Capital Division




  Warga Negara Indonesia, 52 tahun, dan berdomisili di Depok. Meraih           An Indonesian citizen, 52 years old, domiciled in Depok. He holds a
  gelar Sarjana Teknologi Pertanian dari Institut Pertanian Bogor. Bergabung   Bachelor’s Degree in Agricultural Technology from Institut Pertanian
  dengan Bank Raya pada 1 September 2024 dan menjabat sebagai                  Bogor. He joined Bank Raya on September 1, 2024, and has served as
  Kepala Divisi Human Capital sejak 1 September 2024 berdasarkan SK            Head of Human Capital Division since September 1, 2024, pursuant to
  Dir No.Kpts.R.284/Dir.01.04/HCP/08/2024.                                     the Board of Directors’ Decision Letter No. Kpts.R.284/Dir.01.04/
                                                                               HCP/08/2024.




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      Performance Highlights                 Management Report                   Company Profile                      Overview of Business Support Units




                                                                                 Muhammad Antariksa
                                                                                 Kepala Divisi Audit Internal
                                                                                 EVP of Internal Audit Division




  Warga Negara Indonesia, 54 tahun, dan berdomisili di Depok. Meraih       An Indonesian citizen, 54 years old, domiciled in Depok. He holds a Bachelor’s
  gelar Sarjana Teknik Komputer di STMIK Gunadarma. Bergabung              Degree in Computer Engineering from STMIK Gunadarma. He joined Bank
  dengan Bank Raya pada 19 Februari 2025 sebagai Kepala Divisi             Raya on February 19, 2025 as EVP of Internal Audit Division pursuant to the
  Internal Audit berdasarkan SK Dir No. Kpts.R.30/Dir.01.04/HCP/02/2025.   Board of Directors’ Decision Letter No. Kpts.R.30/Dir.01.04/HCP/02/2025.




                                                                                 Ajeng Putri Hapsari
                                                                                 Kepala Divisi Corporate Secretary
                                                                                 EVP of Corporate Secretary Division




  Warga Negara Indonesia, 43 tahun, dan berdomisili di Tangerang           An Indonesian citizen, 43 years old, domiciled in South Tangerang. She
  Selatan. Meraih gelar Sarjana Pertanian dari Universitas Padjadjaran     holds a Bachelor’s Degree in Agriculture from Universitas Padjadjaran
  dan Magister Manajemen dari Universitas Gadjah Mada. Bergabung           and a Master’s Degree in Management from Universitas Gadjah Mada.
  dengan Bank Raya pada 13 Mei 2019 dan menjabat sebagai Kepala            He joined Bank Raya on May 13, 2019, and has served as EVP of Corporate
  Divisi Corporate Secretary sejak tanggal 30 Juni 2022 berdasarkan        Secretary Division since June 30, 2022, pursuant to Board of Directors’
  SK Dir No.Kpts.R.283/ Dir.03/HCP/06/2022.                                Decision Letter No. Kpts.R.283/Dir.03/HCP/06/2022.




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    Management Discussion and Analysis              Good Corporate Governance             Sustainability Report                 Audited Financial Report




                                                                                Ririn Widyani
                                                                                Kepala Divisi Digital Product Development
                                                                                EVP of Digital Product Development Division




Warga Negara Indonesia, 34 tahun, dan berdomisili di Bandung. Meraih      An Indonesian citizen, 34 years old, domiciled in Bandung. She holds a
gelar Sarjana Teknik Telekomunikasi dari Institut Teknologi Bandung.      Bachelor’s Degree in Telecommunication Engineering from Institut
Bergabung dengan Bank Raya pada 5 Juli 2021 dan menjabat sebagai          Teknologi Bandung. She joined Bank Raya on July 5, 2021, and has
Kepala Divisi Digital Product Development sejak 7 Juli 2022 berdasarkan   served as EVP of Digital Product Development Division since July 7, 2022,
SK Dir No. Kpts. R.310/Dir.01.03/HCP/07/2022.                             pursuant to the Board of Directors’ Decision Letter No. Kpts.R.310/Dir.01.03/
                                                                          HCP/07/2022.




                                                                                Doni Arzinal
                                                                                Kepala Divisi Application, Strategy & Architecture
                                                                                EVP of Application, Strategy & Architecture Division




Warga Negara Indonesia, 38 tahun, dan berdomisili di Bekasi. Meraih       Indonesian citizen, 38 years old, domiciled in Bekasi. He holds a Bachelor's
gelar Sarjana Teknik Informatika dari Institut Teknologi Bandung.         degree in Informatics Engineering from Institut Teknologi Bandung. He
Bergabung dengan Bank Raya pada 29 April 2024 dan menjabat                joined Bank Raya on April 29, 2024, and has served as EVP of Application,
sebagai Kepala Divisi Application, Strategy & Architecture sejak 29       Strategy & Architecture Division since April 29, 2024, pursuant to the
April 2024 berdasarkan SK Dir No.Kpts.R.41.C/Dir.01.04/HCP/03/2024.       Board of Directors’ Decision Letter No. Kpts.R.41.C/Dir.01.04/HCP/03/2024.




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       Performance Highlights                    Management Report                      Company Profile                     Overview of Business Support Units




                                                                                       Achmad Furqan Idrus
                                                                                       Kepala Divisi Digital Operation
                                                                                       EVP of Digital Operation Division




  Warga Negara Indonesia, 35 tahun, dan berdomisili di Tangerang                  An Indonesian citizen, 35 years old, domiciled in South Tangerang. He
  Selatan. Meraih gelar Sarjana Teknik Listrik dari Institut Teknologi Bandung.   holds a Bachelor’s Degree in Electrical Engineering from Institut Teknologi
  Bergabung dengan Bank Raya pada 4 Oktober 2021 dan menjabat                     Bandung. He joined Bank Raya on October 4, 2021, and has served as
  sebagai Kepala Divisi Digital Operation sejak 1 Januari 2022 berdasarkan        Head of Digital Operation Division since January 1, 2022, pursuant to
  SK Dir No. Kpts.R.140/Dir.01.03/HCP/TML/03/2022.                                the Board of Directors’ Decision Letter No. Kpts.R.140/Dir.01.03/HCP/
                                                                                  TML/03/2022.




                                                                                       Awan Triyoso
                                                                                       Kepala Divisi Regional Business Office
                                                                                       EVP of Regional Business Office Division




  Warga Negara Indonesia, 51 tahun, dan berdomisili di Sukoharjo.                 An Indonesian citizen, 51 years old, domiciled in Sukoharjo. He holds a
  Meraih gelar Sarjana Ilmu Hukum dari Universitas Airlangga. Bergabung           Bachelor’s Degree in Law from Universitas Airlangga. He joined Bank
  dengan Bank Raya pada 7 Oktober 2024 dan menjabat sebagai                       Raya on October 7, 2024, and has served as EVP of Regional Business
  Kepala Divisi Regional Business Office sejak 7 Oktober 2024 berdasarkan         Office Division since October 7, 2024, pursuant to the Board of Directors’
  SK Dir No. Kpts.R.358/Dir.01.04/HCP/09/2024.                                    Decision Letter No. Kpts.R.358/Dir.01.04/HCP/09/2024.




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                                                                                Eka Puspitasari
                                                                                Kepala Divisi Commercial Business
                                                                                EVP of Commercial Business Division




Warga Negara Indonesia, 44 tahun, dan berdomisili di Depok. Meraih        An Indonesian citizen, 44 years old, domiciled in Depok. She holds a
gelar Sarjana Peternakan dari Institut Pertanian Bogor. Bergabung         Bachelor’s Degree in Animal Science from Institut Pertanian Bogor. She
dengan Bank Raya pada 5 Mei 2008 dan menjabat sebagai Kepala              joined Bank Raya on May 5, 2008, and has served as Head of Commercial
Divisi Commercial Business sejak 1 Oktober 2022 berdasarkan SK Dir        Business Division since October 1, 2022, pursuant to the Board of Directors’
No.Kpts.R.381/Dir.01.04/HCP/10/2024.                                      Decision Letter No. Kpts.R.381/Dir.01.04/HCP/10/2024.




                                                                                Agung Dewandono
                                                                                Kepala Divisi Recovery & Remedi
                                                                                EVP of Recovery & Remedy Division




Warga Negara Indonesia, 47 tahun, dan berdomisili di Jakarta. Meraih      Indonesian citizen, 47 years old, domiciled in Jakarta. He holds a Bachelor’s
gelar Sarjana Hukum Internasional dari Universitas Brawijaya. Bergabung   Degree in International Law from Universitas Brawijaya. He joined Bank
dengan Bank Raya pada 1 Agustus 2024 dan menjabat sebagai                 Raya on August 1, 2024, and has served as EVP of Recovery & Remedy
Kepala Divisi Recovery & Remedy sejak 1 Oktober 2025 berdasarkan          Division since October 1, 2025, pursuant to the Board of Directors’ Decision
SK Dir No.Kpts.R.177/Dir.01.03/HCP/09/2025.                               Letter No. Kpts.R.177/Dir.01.03/HCP/09/2025.




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       Performance Highlights                 Management Report                   Company Profile                     Overview of Business Support Units




                                                                                  Ayuningtyas Alamsyah
                                                                                  Kepala Desk Credit Risk Analysis
                                                                                  VP of Credit Risk Analysis Desk




  Warga Negara Indonesia, 37 tahun, dan berdomisili di Bogor. Meraih         An Indonesian citizen, 37 years old, domiciled in Bogor. She holds a
  gelar Sarjana Ekonomi Manajemen dari Institut Pertanian Bogor. Bergabung   Bachelor’s Degree in Economics (Management) from Institut Pertanian
  dengan Bank Raya pada 2 September 2013 dan menjabat sebagai                Bogor. She joined Bank Raya on September 2, 2013, and has served as
  Kepala Desk Credit Risk Analysis sejak 10 Juni 2022 berdasarkan SK Dir     EVP of Credit Risk Analysis Desk since June 10, 2022, pursuant to the
  No.Kpts.R.283/Dir.01.03/HCP/06/2022.                                       Board of Directors’ Decision Letter No. Kpts.R.283/Dir.01.03/HCP/06/2022.




                                                                                  Witra Priyangga
                                                                                  Kepala Divisi Change Management
                                                                                  EVP of Change Management Division




  Warga Negara Indonesia, 40 tahun, dan berdomisili di Bogor. Meraih         An Indonesian citizen, 40 years old, domiciled in Bogor. He holds a
  gelar Sarjana Teknik Arsitektur dari Universitas Diponegoro dan Master     Bachelor’s Degree in Architectural Engineering from Universitas Diponegoro
  of Science in Management dari University College Dublin. Bergabung         and a Master of Science in Management from University College Dublin.
  dengan Bank Raya pada 1 November 2023 berdasarkan SK Dir                   He joined Bank Raya on November 1, 2023, pursuant to the Board of
  No.Kpts.R.349/Dir.01.04/HCP/11/2023.                                       Directors’ Decision Letter No. Kpts.R.349/Dir.01.04/HCP/11/2023.




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    Management Discussion and Analysis              Good Corporate Governance            Sustainability Report                 Audited Financial Report




                                                                                Poppy Lindasari
                                                                                Kepala Divisi Finance & Asset Management
                                                                                EVP of Finance and Asset Management




Warga Negara Indonesia, 54 tahun, dan berdomisili di Jakarta. Meraih      An Indonesian citizen, 54 years old, domiciled in Jakarta. She holds a
gelar Sarjana Akuntansi dari Universitas Padjadjaran. Bergabung dengan    Bachelor’s Degree in Accounting from Universitas Padjadjaran. She
Bank Raya pada 3 Juni 2002 dan menjabat sebagai Kepala Divisi             joined Bank Raya on June 3, 2002, and has served as EVP of Finance &
Finance & Asset Management sejak 10 Juni 2022 berdasarkan SK Dir          Asset Management Division since June 10, 2022, pursuant to the Board
No. Kpts.R.283/Dir.03/HCP/06/2022.                                        of Directors’ Decree No. Kpts.R.283/Dir.03/HCP/06/2022.




                                                                                Dian Panca Permata Sari
                                                                                Kepala Divisi Treasury
                                                                                EVP of Treasury Division




Warga Negara Indonesia, 41 tahun, dan berdomisili di Jakarta. Meraih      An Indonesian citizen, 41 years old, domiciled in Jakarta. She holds a
gelar Sarjana Teknik Pertanian dari Institut Pertanian Bogor. Bergabung   Bachelor’s Degree in Agricultural Engineering from Institut Pertanian
dengan Bank Raya pada 13 Mei 2020 dan menjabat sebagai Kepala             Bogor. She joi ned Bank Raya on May 13, 2020, and has served as EVP
Divisi Treasury sejak 17 Januari 2023 berdasarkan SK Dir No. Kpts.R.07/   of Treasury Division since January 17, 2023, pursuant to the Board of
Dir.01.02/HCP/01/2023.                                                    Directors’ Decision Letter No. Kpts.R.07/Dir.01.02/HCP/01/2023.




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       Ikhtisar Kinerja                       Laporan Manajemen                  Profil Perusahaan                   Tinjauan Pendukung Bisnis
       Performance Highlights                 Management Report                  Company Profile                     Overview of Business Support Units




                                                                                 Shinta Rachmawati
                                                                                 Kepala Divisi Enterprise & Portfolio Risk Management
                                                                                 EVP of Enterprise & Portfolio Risk Management




  Warga Negara Indonesia, 39 tahun, dan berdomisili di Tangerang.           An Indonesian citizen, 39 years old, domiciled in Tangerang. She holds
  Meraih gelar Sarjana Administrasi Niaga dari Universitas Brawijaya.       a Bachelor’s Degree in Business Administration from Universitas Brawijaya.
  Bergabung dengan Bank Raya pada 1 Juli 2023 dan menjabat sebagai          She joined Bank Raya on July 1, 2023, and has served as EVP of Enterprise
  Kepala Divisi Enterprise & Portfolio Risk Management sejak 20 Juni 2023   & Portfolio Risk Management Division since June 20, 2023, pursuant to
  berdasarkan SK Dir No. Kpts.R.218/Dir.01.03/HCP/06/2023.                  the Board of Directors’ Decision Letter No. Kpts.R.218/Dir.01.03/
                                                                            HCP/06/2023.




                                                                                 Puguh Dian Seputro
                                                                                 Kepala Divisi Legal & Compliance
                                                                                 EVP Legal & Compliance Division




  Warga Negara Indonesia, 44 tahun, dan berdomisili di Jakarta. Meraih      Indonesian citizen, 44 years old, and domiciled in Jakarta. He holds a
  gelar Sarjana Ilmu Hukum dari Universitas Airlangga dan Magister          Bachelor's degree in Laws from Universitas Airlangga and a Master of
  Ilmu Kenotariatan Universitas Airlangga. Bergabung dengan Bank            Notary from Universitas Airlangga. He joined Bank Raya on October 1,
  Raya pada 1 Oktober 2025 dan menjabat sebagai Pj. Kepala Divisi           2025, and has served as Acting Head of Legal & Compliance Division
  Legal & Compliance sejak 1 Oktober 2025 berdasarkan SK Dir No.            since October 1, 2025 pursuant to the Board of Directors’ Decision Letter
  Kpts.R.176/Dir.01.03/HCP/09/2025.                                         No. Kpts.R.176/Dir.01.03/HCP/09/2025.




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    Management Discussion and Analysis            Good Corporate Governance            Sustainability Report                 Audited Financial Report




                                                                              Lestari Chairini
                                                                              Kepala Divisi Credit Operation
                                                                              EVP of Credit Operation Division




Warga Negara Indonesia, 48 tahun, dan berdomisili di Jakarta. Meraih    An Indonesian citizen, 48 years old, domiciled in Jakarta. She holds a
gelar Sarjana Akuntansi dari Universitas Ekasakti Padang dan Sarjana    Bachelor’s Degree in Accounting from Universitas Ekasakti Padang, a
Hukum dari Universitas Andalas Padang serta Magister Hukum Bisnis       Bachelor’s Degree in Law from Universitas Andalas Padang, and a Master’s
Universitas Indonesia. Bergabung dengan Bank Raya pada 11 Oktober       Degree in Business Law from Universitas Indonesia. She joined Bank Raya
2004 dan menjabat sebagai Kepala Divisi Credit Operation sejak 31       on October 11, 2004, and has served as EVP of Credit Operation Division
Oktober 2022 berdasarkan R.508/Dir.02.03/HCP/10/2022.                   since October 31, 2022, pursuant to Decision Letter No. R.508/Dir.02.03/
                                                                        HCP/10/2022.




                                                                              Anggia Agrimiradj
                                                                              Kepala Desk Procedure & Policy
                                                                              VP of Procedure & Policy Desk




Warga Negara Indonesia, 38 tahun, dan berdomisili di Bandung.           An Indonesian citizen, 38 years old, domiciled in Bandung. He holds a
Meraih gelar Sarjana Ekonomi dari Universitas Katolik Parahyangan.      Bachelor’s Degree in Economics from Universitas Katolik Parahyangan.
Bergabung dengan Bank Raya pada 1 Januari 2022 dan menjabat             He joined Bank Raya on January 1, 2022, and has served as EVP of
sebagai Kepala Desk Procedure & Policy sejak 10 Juni 2023 berdasarkan   Procedure & Policy Desk since June 10, 2023, pursuant to the Board of
SK Dir No. Kpts.R.283/Dir.01.03/HCP/06/2022.                            Directors’ Decision Letter No. Kpts.R.283/Dir.01.03/HCP/06/2022.




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       Performance Highlights                 Management Report                  Company Profile                     Overview of Business Support Units




                                                                                 Tri Danarto
                                                                                 Kepala Divisi IT Infrastructure
                                                                                 EVP of IT Infrastructure Division




  Warga Negara Indonesia, 46 tahun, dan berdomisili di Jakarta. Meraih      Indonesian citizen, 46 years old, domiciled in Jakarta. He holds a
  gelar Sarjana Ilmu Komputer dari Universitas Gadjah Mada. Bergabung       Bachelor's degree in Computer Science from Universitas Gadjah Mada.
  dengan Bank Raya pada 1 Agustus 2025 dan menjabat sebagai Kepala          He joined Bank Raya on August 1, 2025, and has served as Head of IT
  Divisi IT Infrastructure sejak 1 Agustus 2025 berdasarkan SK Dir No.      Infrastructure Division since August 1, 2025, pursuant to the Board of
  Kpts.R.146A/Dir.01.03/HCP/08/2025.                                        Directors’ Decision Letter No. Kpts.R.146A/Dir.01.03/HCP/08/2025.




                                                                                 Ivo Julistira
                                                                                 Kepala Desk Enterprise Data Management
                                                                                 VP of Enterprise Data Management




  Warga Negara Indonesia, 32 tahun, dan berdomisili di Jakarta. Meraih      An Indonesian citizen, 32 years old, domiciled in Jakarta. He holds a
  gelar Sarjana Teknik Elektro dari Institut Teknologi Bandung. Bergabung   Bachelor’s Degree in Electrical Engineering from Institut Teknologi
  dengan Bank Raya pada 1 November 2021 dan menjabat sebagai                Bandung. He joined Bank Raya on November 1, 2021, and has served
  Kepala Desk Enterprise Data Management sejak 1 November 2024              as Head of BiDesk Enterprise Data management since November 1,
  berdasarkan SK Dir No. Kpts.R.400/Dir.01.04/HCP/10/2024.                  2024, pursuant to the Board of Directors’ Decision Letter No. Kpts.R.400/
                                                                            Dir.01.04/HCP/10/2024.




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                                                                                Monika Sari Fardani
                                                                                Pgs. Divisi Sales & Partnership
                                                                                Act. EVP of Digital Sales & Partnership Division




Warga Negara Indonesia, 44 tahun, dan berdomisili di Jakarta. Meraih      An Indonesian citizen, 44 years old, domiciled in Jakarta. He earned a
gelar Sarjana Pertanian dari Institut Pertanian Bogor. Bergabung dengan   Bachelor's degree in Agriculture from the Bogor Agricultural Institute. He
Bank Raya pada 06 Agustus 2012 dan menjabat sebagai PGS Kepala            joined Bank Raya on August 6, 2012 and has served as PGS Head of Sales
Divisi - Divisi Sales & Partnership sejak 27 Oktober 2025 berdasarkan     & Partnership Division since October 27, 2025 based on Director's Decree
SK Dir No.Kpts.R.207A/Dir.01.03/HCP/10/2025                               No.Kpts.R.207A/Dir.01.03/HCP/10/2025.




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       Performance Highlights                Management Report                   Company Profile                     Overview of Business Support Units




  Erwind Andrew O Damanik
  Community Branch Leader - Community Branch Menara BRILiaN
  Community Branch Leader - Menara BRILiaN Community Branch


  Warga Negara Indonesia, 46 tahun, dan berdomisili di Jakarta. Meraih     Indonesian citizen, 46 years old, and domiciled in Jakarta. He holds a
  gelar Sarjana Ekonomi Pembangunan dari Universitas Sumatra Utara.        Bachelor's degree in Development Economics from Universitas Sumatera
  Bergabung dengan Bank Raya pada 7 Oktober 2015 dan menjabat              Utara. He joined Bank Raya on October 7, 2015, and has served as
  sebagai Community Branch Leader - Community Branch Menara BRILiaN        Community Branch Leader - Menara BRILiaN Community Branch since
  sejak 11 Agustus 2025 berdasarkan SK Dir No.Kpts.R.130/Dir.01.03/        August 11, 2025, pursuant to the Board of Directors’ Decision Letter No.
  HCP/07/2025.                                                             Kpts.R.130/Dir.01.03/HCP/07/2025.




  Lucky Wibowo
  Community Branch Leader - Community Branch Surabaya
  Community Branch Leader - Surabaya Community Branch


  Warga Negara Indonesia, 38 tahun, dan berdomisili di Surakarta. Meraih   Indonesian citizen, 38 years old, and domiciled in Surakarta. He holds a
  gelar Sarjana Hukum dari Universitas Sebelas Maret. Bergabung dengan     Bachelor's degree in Law from Universitas Sebelas Maret. He joined Bank
  Bank Raya pada 3 Agustus 2025 dan menjabat sebagai Community             Raya on August 3, 2025, and has served as Community Branch Leader
  Branch Leader - Community Branch Surabaya sejak 1 Mei 2024               - Surabaya Community Branch since May 1, 2024, pursuant to the Board
  berdasarkan SK Dir No.Kpts.R.21.A/Dir.01.04/HCP/01/2024.                 of Directors’ Decision Letter No. Kpts.R.21.A/Dir.01.04/HCP/01/2024.




  Jaya Simatupang
  Community Branch Leader - Community Branch Pekanbaru
  Community Branch Leader - Pekanbaru Community Branch


  Warga Negara Indonesia, 45 tahun, berdomisili di Jakarta Timur. Meraih   Indonesian citizen, 45 years old, domiciled in East Jakarta. He holds a
  Gelar Sarjana Akuntansi dari Sekolah Tinggi Ilmu Ekonomi (STIE) Surya    Bachelor's degree in Accounting from Sekolah Tinggi Ilmu Ekonomi
  Nusantara. Bergabung dengan Bank Raya pada 4 April 2016 dan              (STIE) Surya Nusantara. He joined Bank Raya on April 4, 2016, and has
  menjabat sebagai Community Branch Leader di Community Branch             served as Community Branch Leader at Pekanbaru Community Branch
  Pekanbaru pada 1 Mei 2024 berdasarkan SK Dir No.Kpts.R.85/Dir.01.04/     since May 1, 2024, pursuant to the Board of Directors’ Decision Letter No.
  HCP/04/2024.                                                             Kpts.R.85/Dir.01.04/HCP/04/2024.




  Deddy Effendi
  Community Branch Leader - Community Branch Makassar
  Community Branch Leader - Makassar Community Branch


  Warga Negara Indonesia, 39 tahun, dan berdomisili di Pematangsiantar.    Indonesian citizen, 39 years old, domiciled in Pematangsiantar. He holds a
  Meraih gelar Sarjana Agronomi & Hortikultura-Pertanian dari Institut     Bachelor's degree in Agronomy & Horticulture-Agriculture from Institut
  Pertanian Bogor. Bergabung dengan Bank Raya pada 28 Oktober 2013         Pertanian Bogor. He joined Bank Raya on October 28, 2013, and has served
  dan menjabat sebagai Community Branch Leader - Community Branch          as Community Branch Leader - Makassar Community Branch since May 1,
  Makassar sejak 1 Mei 2024 berdasarkan SK Dir No.Kpts.R.85/Dir.01.04/     2024, pursuant to the Board of Directors’ Decision Letter No. Kpts.R.85/
  HCP/04/2024.                                                             Dir.01.04/HCP/04/2024.




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    Management Discussion and Analysis             Good Corporate Governance            Sustainability Report                 Audited Financial Report




Buyung Loding
Community Branch Leader - Community Branch Bandung
Community Branch Leader - Bandung Community Branch


Warga Negara Indonesia, 36 tahun, berdomisili di Jakarta Utara. Meraih   Indonesian citizen, 36 years old, domiciled in North Jakarta. He holds a
gelar Sarjana Hukum dari Universitas Sebelas Maret. Bergabung dengan     Bachelor's degree in of Law from Universitas Sebelas Maret. He joined
Bank Raya pada 1 Juli 2019 dan menjabat sebagai Community Branch         Bank Raya on July 1, 2019, and has served as Bandung Community
Bandung pada 1 Mei 2024 berdasarkan SK Dir No.Kpts.R.85/Dir.01.04/       Branch Leader since May 1, 2024, pursuant to the Board of Directors’
HCP/04/2024.                                                             Decision Letter No. Kpts.R.85/Dir.01.04/HCP/04/2024.




Taufik Hidayat (A)
Community Branch Leader - Community Branch Palembang
Community Branch Leader - Palembang Community Branch


Warga Negara Indonesia, 39 tahun, berdomisili di Palembang. Meraih       Indonesian citizen, 39 years old, domiciled in Palembang. He holds a
gelar Sarjana Teknik Kimia dari Universitas Gadjah Mada. Bergabung       Bachelor's degree in Chemical Engineering from Universitas Gadjah
dengan Bank Raya pada 1 Agustus 2019 dan menjabat sebagai                Mada. He joined Bank Raya on August 1, 2019, and has served as
Community Branch Palembang pada 1 Oktober 2023 berdasarkan               Palembang Community Branch Leader since October 1, 2023, pursuant
SK Dir No.Kpts.R.307/Dir.01.04/HCP/09/2023.                              to the Board of Directors’ Decision Letter No. Kpts.R.307/Dir.01.04/
                                                                         HCP/09/2023.




Ndalu Kristiono Adi
Community Branch Leader- Community Branch Denpasar
Community Branch Leader, Denpasar Community Branch


Warga Negara Indonesia, 37 tahun, dan berdomisili di Bogor. Meraih       Indonesian citizen, 37 years old, domiciled in Bogor. He holds a Bachelor's
gelar Sarjana Teknologi & Manajemen Perikanan Tangkap dari Institut      degree in Capture Fisheries Technology & Management from Institut Pertanian
Pertanian Bogor. Bergabung dengan Bank Raya pada 1 November              Bogor. He joined Bank Raya on November 1, 2014, and has served as
2014 dan menjabat sebagai Community Branch Leader - Community            Community Branch Leader for Denpasar Community Branch since August
Branch Denpasar sejak 1 Agustus 2023 berdasarkan SK Dir No.Kpts.R.240/   1, 2023, pursuant to the Board of Directors’ Decision Letter No. Kpts.R.240/
Dir.01.03/HCP/07/2023.                                                   Dir.01.03/HCP/07/2023.




Torang Sirait
Community Branch Leader - Community Branch Lampung
Community Branch Leader - Lampung Community Branch


Warga Negara Indonesia, 45 tahun, dan berdomisili di Bekasi. Meraih      Indonesian citizen, 45 years old, domiciled in Bekasi. He holds a Bachelor's
gelar Sarjana Hukum dari Universitas Negeri Jambi. Bergabung dengan      degree in Law from Universitas Negeri Jambi. He joined Bank Raya on
Bank Raya pada 24 Mei 2010 dan menjabat sebagai Community Branch         May 24, 2010, and has served as Community Branch Leader - Lampung
Leader - Community Branch Lampung sejak 1 Februari 2024 berdasarkan      Community Branch since February 1, 2024, pursuant to the Board of
SK Dir No.Kpts.R.23/Dir.01.04/HCP/01/2024.                               Directors’ Decision Letter No. Kpts.R.23/Dir.01.04/HCP/01/2024.




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       Performance Highlights               Management Report                  Company Profile                      Overview of Business Support Units




  Taufik Hidayat (B)
  Community Branch Leader - Community Branch Yogyakarta
  Community Branch Leader - Yogyakarta Community Branch


  Warga Negara Indonesia, 49 tahun, dan berdomisili di Cilacap. Meraih   Indonesian citizen, 49 years old, domiciled in Cilacap. He holds a
  gelar Sarjana Akuntansi dari STIE SBO. Bergabung dengan Bank Raya      Bachelor's degree in Accounting from STIE SBO. He joined Bank Raya
  pada 1 Desember 2022 dan menjabat sebagai Community Branch             on December 1, 2022, and has served as Community Branch Leader -
  Leader - Community Branch Yogyakarta sejak 1 Mei 2024 berdasarkan      Yogyakarta Community Branch since May 1, 2024, pursuant to the Board
  SK Dir No.Kpts.R.85/Dir.01.04/HCP/04/2024.                             of Directors’ Decision Letter No. Kpts.R.85/Dir.01.04/HCP/04/2024.




  Edho Indrawan Rachman
  Community Branch Leader - Community Branch Malang
  Community Branch Leader - Malang Community Branch


  Warga Negara Indonesia, 35 tahun, dan berdomisili di Jakarta. Meraih   Indonesian citizen, 35 years old, and domiciled in Jakarta. Graduated with
  sarjana Pertanian dari Universitas Padjajaran. Bergabung dengan Bank   a Bachelor of Agriculture from Padjajaran University. Joined Bank Raya on
  Raya pada 7 Oktober 2013 dan menjabat sebagai Community Branch         October 7, 2013 and has served as Community Branch Leader - Community
  Leader - Community Branch Malang sejak 1 Agustus 2023 berdasarkan      Branch Malang since August 1, 2023 based on Director's Decree No.
  SK Dir No.Kpts.R.241/Dir.01.03/HCP/12/2025                             Kpts.R.241/Dir.01.03/HCP/12/2025




  Kristian Vembrianto
  Community Branch Leader - Community Branch Solo
  Community Branch Leader - Solo Community Branch


  Warga Negara Indonesia, 36 tahun, dan berdomisili di Sleman. Meraih    Indonesian citizen, 36 years old, and domiciled in Sleman. He holds a
  gelar Sarjana Kehutanan dari Universitas Gadjah Mada. Bergabung        Bachelor's degree in Forestry from Gadjah Mada University. He joined
  dengan Bank Raya pada 2 Februari 2013 dan menjabat sebagai             Bank Raya on February 2, 2013 and has served as Community Branch
  Community Branch Leader - Community Branch Solo sejak 1 Mei 2024       Leader - Solo Community Branch since May 1, 2024 based on Director's
  berdasarkan SK Dir No.Kpts.R.85/Dir.01.04/HCP/2024                     Decree No.Kpts.R.85/Dir.01.04/HCP/2024.




  Ari Suryanatakusumah
  Community Branch Leader - Community Branch Cirebon
  Community Branch Leader - Cirebon Community Branch


  Warga Negara Indonesia, 42 tahun, dan berdomisili di Jakarta. Meraih   Indonesian citizen, 42 years old, domiciled in Jakarta. He holds a Bachelor's
  gelar Sarjana Hukum dari Universitas Lampung. Bergabung dengan         degree in Law from Universitas Lampung. He joined Bank Raya on August
  Bank Raya pada 01 Agustus 2008 dan menjabat sebagai Community          1, 2008, and has served as Community Branch Leader - Cirebon Community
  Branch Leader - Community Branch Cirebon sejak 01 Agustus 2023         Branch since August 1, 2023, pursuant to the Board of Directors’ Decision
  berdasarkan SK Dir No.Kpts.R.240/Dir.01.03/HCP/07/2023.                Letter No. Kpts.R.240/Dir.01.03/HCP/07/2023.




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    Management Discussion and Analysis               Good Corporate Governance              Sustainability Report                 Audited Financial Report




Harys Desvian
Community Branch Leader - Community Branch Lamongan
Community Branch Leader - Lamongan Community Branch


Warga Negara Indonesia, 35 tahun, dan berdomisili di Jakarta. Meraih        Indonesian citizen, 35 years old, domiciled in Jakarta. He holds a Bachelor's
gelar Sarjana Perikanan dan Ilmu Kelautan dari Universitas Diponegoro.      degree in Fisheries and Marine Sciences from Universitas Diponegoro.
Bergabung dengan Bank Raya pada 7 Oktober 2013 dan menjabat                 He joined Bank Raya on October 7, 2013, and has served as Community
sebagai Community Branch Leader - Community Branch Lamongan                 Branch Leader - Lamongan Community Branch since April 1, 2023,
sejak 1 April 2023 berdasarkan SK Dir No.Kpts.R.89/Dir.01.02/HCP/03/2023.   pursuant to the Board of Directors’ Decision Letter No. Kpts.R.89/Dir.01.02/
                                                                            HCP/03/2023.




Sigit Hery Kurniawan
Community Branch Leader - Community Branch Temanggung
Community Branch Leader - Temanggung Community Branch


Warga Negara Indonesia, 35 tahun, dan berdomisili di Bandar Lampung.        Indonesian citizen, 35 years old, domiciled in Bandar Lampung. He holds
Meraih gelar Sarjana Hukum dari Universitas Diponegoro. Bergabung           a Bachelor's degree in Law from Universitas Diponegoro. He joined Bank
dengan Bank Raya pada 7 Oktober 2013 dan menjabat sebagai                   Raya on October 7, 2013, and has served as Community Branch Leader
Community Branch Leader - Community Branch Temanggung sejak                 - Temanggung Community Branch since May 1, 2024, pursuant to the
1 Mei 2024 berdasarkan SK Dir No.Kpts.R.85/Dir.01.04/HCP/04/2024.           Board of Directors’ Decision Letter No. Kpts.R.85/Dir.01.04/HCP/04/2024.




Irma Nofrianti Hanandar
Community Branch Leader - Community Branch Bekasi
Community Branch Leader - Bekasi Community Branch


Warga Negara Indonesia, 43 tahun, dan berdomisili di Tangerang Selatan.     Indonesian citizen, 43 years old, domiciled in South Tangerang. She holds
Meraih gelar Sarjana Mass Communication dari Universitas The London         a Bachelor's degree in Mass Communication from The London School of
School of Public Relation. Bergabung dengan Bank Raya pada 17 Januari       Public Relations. She joined Bank Raya on January 17, 2011, and has
2011 dan menjabat sebagai Community Branch Leader - Community               served as Community Branch Leader - Bekasi Community Branch since
Branch Bekasi sejak 01 Agustus 2023 berdasarkan SK Dir No.Kpts.R.240/       August 1, 2023, pursuant to the Board of Directors’ Decision Letter No.
Dir.01.03/HCP/07/2023.                                                      Kpts.R.240/Dir.01.03/HCP/07/2023.




Yudhi Iskandar
Community Branch Leader - Community Branch Sidoarjo
Community Branch Leader - Sidoarjo Community Branch


Warga Negara Indonesia, 36 tahun, dan berdomisili di Klaten. Meraih         Indonesian citizen, 36 years old, domiciled in Klaten. He holds a Bachelor's
gelar Sarjana Peternakan dari Universitas Jend.Soedirman. Bergabung         degree in Animal Husbandry from Universitas Jend. Soedirman. He joined
dengan Bank Raya pada 02 Januari 2013 dan menjabat sebagai                  Bank Raya on January 2, 2013, and has served as Community Branch
Community Branch Leader - Community Branch Sidoarjo sejak 01 Mei            Leader for Sidoarjo Community Branch since May 1, 2024, pursuant to
2024 berdasarkan SK Dir No.Kpts.R.85/Dir.01.04/HCP/04/2024.                 the Board of Directors’ Decision Letter No. Kpts.R.85/Dir.01.04/HCP/04/2024.




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  Deni Irawan
  Community Branch Leader - Community Branch Kasikan
  Community Branch Leader - Kasikan Community Branch


  Warga Negara Indonesia, 35 tahun, dan berdomisili di Pekanbaru. Meraih   Indonesian citizen, 35 years old, domiciled in Pekanbaru. He holds a Bachelor's
  gelar Sarjana Business Management dari Universitas Binus. Bergabung      degree in Business Management from Universitas Binus. He joined Bank
  dengan Bank Raya pada 06 Januari 2017 dan menjabat sebagai               Raya on January 6, 2017, and has served as Community Branch Leader -
  Community Branch Leader - Community Branch Kasikan sejak 01 Mei          Kasikan Community Branch since May 1, 2023, pursuant to the Board of
  2023 berdasarkan SK Dir No.Kpts.R.157/Dir.01.02/HCP/05/2023.             Directors’ Decision Letter No. Kpts.R.157/Dir.01.02/HCP/05/2023.




  Surya Cahya Sukresna
  Community Branch Leader - Community Branch Lubuk Dalam
  Community Branch Leader - Lubuk Dalam Community Branch


  Warga Negara Indonesia, 31 tahun, dan berdomisili di Kediri. Meraih      Indonesian citizen, 31 years old, domiciled in Kediri. He holds a Bachelor's
  gelar Sarjana Agroekoteknologi dari Universitas Brawijaya. Bergabung     degree in Agroecotechnology from Universitas Brawijaya. He joined
  dengan Bank Raya pada 10 Maret 2017 dan menjabat sebagai                 Bank Raya on March 10, 2017, and has served as Community Branch
  Community Branch Leader - Community Branch Lubuk Dalam sejak             Leader - Lubuk Dalam Community Branch since May 1, 2024, pursuant
  01 Mei 2024 berdasarkan SK Dir No.Kpts.R.85/Dir.01.04/HCP/04/2024.       to the Board of Directors’ Decision Letter No. Kpts.R.85/Dir.01.04/
                                                                           HCP/04/2024.




  Erikson Parlindungan Sibarani
  Community Branch Leader - Community Branch Air Molek
  Community Branch Leader, Air Molek Community Branch


  Warga Negara Indonesia, 35 tahun, dan berdomisili di Jakarta. Meraih     Indonesian citizen, 35 years old, domiciled in Jakarta. He holds a Bachelor's
  gelar Sarjana Hukum dari Universitas Sumatera Utara. Bergabung           degree in of Law from Universitas Sumatera Utara. He joined Bank Raya
  dengan Bank Raya pada 07 Oktober 2013 dan menjabat sebagai               on October 7, 2013, and has served as Community Branch Leader - Air
  Community Branch Leader - Community Branch Air Molek sejak 01            Molek Community Branch since July 1, 2024, pursuant to the Board of
  Juli 2024 berdasarkan SK Dir No.Kpts.R.176A/Dir.01.04/HCP/06/2024.       Directors’ Decision Letter No. Kpts.R.176A/Dir.01.04/HCP/06/2024.




  Daniel
  Community Branch Leader - Community Branch Ujung Batu
  Community Branch Leader, Ujung Batu Community Branch


  Warga Negara Indonesia, 32 tahun, dan berdomisili di Pontianak.          Indonesian citizen, 32 years old, and domiciled in Pontianak. He holds
  Meraih gelar Sarjana Akuntansi dari Universitas Riau. Bergabung dengan   a Bachelor's degree in Accounting from the University of Riau. Joined
  Bank Raya pada 06 Januari 2017 dan menjabat sebagai Community            Bank Raya on January 6, 2017 and has served as Community Branch
  Branch Leader - Community Branch Ujung Batu sejak 01 September           Leader - Ujung Batu Community Branch since September 1, 2023 based
  2023 berdasarkan SK Dir No.Kpts.R.240/Dir.01.03/HCP/07/2023              on Director's Decree No.Kpts.R.240/Dir.01.03/HCP/07/2023




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    Management Discussion and Analysis             Good Corporate Governance              Sustainability Report                 Audited Financial Report




Yohanes Soritua Silitonga
Community Branch Leader - Community Branch Medan
Community Branch Leader - Medan Community Branch


Warga Negara Indonesia, 31 tahun, dan berdomisili di Bekasi. Meraih       Indonesian citizen, 31 years old, and domiciled in Bekasi. He holds a Bachelor's
gelar Sarjana Ekonomi Pembangunan dari Universitas Brawijaya. Bergabung   degree in Development Economics from Brawijaya University. He joined
dengan Bank Raya pada 20 November 2017 dan menjabat sebagai               Bank Raya on November 20, 2017 and has served as Community Branch
Community Branch Leader - Community Branch Medan sejak 01 Mei             Leader - Medan Community Branch since May 1, 2023 based on Director's
2023 berdasarkan SK Dir No.Kpts.R.85/Dir.01.04/HCP/04/2024                Decree No.Kpts.R.85/Dir.01.04/HCP/04/2024.




Ferri Aryuda
PGS Community Branch Leader - Community Branch Semarang
Act. Community Branch Leader - Semarang Community Branch


Warga Negara Indonesia, 31 tahun, dan berdomisili di Kediri. Meraih       Indonesian citizen, 31 years old, domiciled in Kediri. He holds a Bachelor's
gelar Sarjana Agroekoteknologi dari Universitas Brawijaya. Bergabung      degree in Agroecotechnology from Universitas Brawijaya. He joined
dengan Bank Raya pada 10 Maret 2017 dan menjabat sebagai                  Bank Raya on March 10, 2017, and has served as Community Branch
Community Branch Leader - Community Branch Semarang sejak 01              Leader - Semarang Community Branch since May 1, 2024, pursuant to
Mei 2024 berdasarkan SK Dir No.Kpts.R.85/Dir.01.04/HCP/04/2024.           the Board of Directors’ Decision Letter No. Kpts.R.85/Dir.01.04/HCP/04/2024.




Hermawan Aulianto
PGS Community Branch Leader - Community Branch Warung Jati
Act. Community Branch Leader - Warung Jati Community Branch


Warga Negara Indonesia, 36 tahun, dan berdomisili di Pemalang.            Indonesian citizen, 36 years old, and domiciled in Pemalang. He holds
Meraih Sarjana Ilmu Politik dari Universitas Diponegoro. Bergabung        a Bachelor of Political Science from Diponegoro University. Joined Bank
dengan Bank Raya pada 14 Juni 2013 dan ditetapkan sebagai PGS             Raya on June 14, 2013 and was appointed as PGS Community Branch
Community Branch Leader - Community Branch Warung Jati sejak 11           Leader - Warung Jati Community Branch since August 11, 2025 based
Agustus 2025 berdasarkan SK Dir No.Kpts.R.129C/Dir.03.05/HCP/07/2025.     on Director's Decree No.Kpts.R.129C/Dir.03.05/HCP/07/2025.




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Demografi Karyawan
Employee Demographics [GRI 2-7, 2-8][OJK C.3]

Per 31 Desember 2025, Bank Raya mencatatkan jumlah karyawan sebesar                   As of December 31, 2025, Bank Raya recorded a total of 942 employees.
942 orang. Jumlah ini lebih tinggi dibandingkan sebanyak 883 orang pada               This figure was lower/higher compared to 883 employees in the previous
tahun sebelumnya. Secara umum, komposisi karyawan terdiversifikasi dengan             year. Overall, the employee composition was well diversified, as illustrated
baik sebagaimana dijelaskan pada tabe-tabel di bawah ini:                             in the tables below:




Jumlah Karyawan Berdasarkan Gender dan Status Ketenagakerjaan
Number of Employees by Gender and Employment Status

                                                        2025                                         2024                                           2023
                 Uraian
               Description          Pria            Wanita                          Pria            Wanita                           Pria          Wanita
                                                                     Total                                            Total                                         Total
                                    Male            Female                          Male            Female                           Male          Female

 Tetap                                474                297           771           460                  288           748            422              278           700
 Permanent
 Tidak Tetap                              67             104           171                58               77           135            119              108           227
 Non-Permanent
 Total                                541                401           942           518                  365           883            541              386           927




Jumlah Karyawan Berdasarkan Gender dan Jabatan
Number of Employees by Gender and Employment Status

                                                        2025                                             2024                                       2023
                 Uraian
               Description         Pria                    Wanita                  Pria                     Wanita                  Pria                  Wanita
                                               %                         %                      %                         %                    %                        %
                                   Male                    Female                  Male                     Female                  Male                  Female

 Entry-level                         405        75%            324           81%     403        78%             288           79%     420      78%            303          78%

 Mid-level                            59        11%             34           8%       48            9%           32           9%       54      10%             40          10%

 Senior-level                         55        10%             28           7%       48            9%           27           7%       48          9%          23           6%

 Executive-level                      22           4%           15           4%       19            4%           18           5%       19          4%          20           5%

 Total                               541       100%            401      100%         518       100%             365      100%         541      100%           386      100%




Jumlah Karyawan Berdasarkan Gender dan Pendidikan
Number of Employees by Gender and Education


                                                        2025                                         2024                                           2023
                 Uraian
               Description          Pria            Wanita                          Pria            Wanita                           Pria          Wanita
                                                                     Total                                            Total                                         Total
                                    Male            Female                          Male            Female                           Male          Female

 S2                                   27                 26            53             24                  21            45             29               23            52
 Master’s Degree
 S1/D4                               477                342           819            451                 313           764            462               325          787
 Bachelor’s Degree/Diploma 4
 D3                                   36                 32            68             39                  31            70             44                37           81
 Diploma 3
 SMA Sederajat                            1               1             2                 4                              4                 6              1            7
 Senior High School & Equivalent
 Total                               541                401           942            518                 365           883            541               386          927




136 PT Bank Raya Indonesia Tbk
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        Management Discussion and Analysis                 Good Corporate Governance                  Sustainability Report                Audited Financial Report




Jumlah Karyawan Berdasarkan Gender dan Kelompok Umur
Total Employees by Gender and Age

                                                                                                  2025

             Uraian                         Entry-level                      Mid-level                          Senior-level                     Executive-level
           Description
                                     Pria             Wanita          Pria               Wanita          Pria             Wanita           Pria              Wanita
                                     Male             Female          Male               Female          Male             Female           Male              Female

18-24                                 23                   42

25-34                                264                  226           38                 10              13                   6                2                  2

35-44                                 99                   47           18                 12              26                  14            13                     8

45-54                                 17                    9            3                  9              15                   7                6                  3

>55                                     2                                                   3               1                   1                1                  2

Total                                405                  324           59                 34              55                  28            22                    15



                                                                                                  2024

             Uraian                         Entry-level                      Mid-level                          Senior-level                     Executive-level
           Description
                                     Pria             Wanita          Pria               Wanita          Pria             Wanita           Pria              Wanita
                                     Male             Female          Male               Female          Male             Female           Male              Female

18-24                                   9                  26

25-34                                286                  216           26                 11              12                   6                3                  1

35-44                                 89                   36           18                  9              23                  14            12                    12

45-54                                 18                    9            3                 10              12                   7                4                  4

>55                                     1                   1            1                  2               1

Total                                403                  288           48                 32              48                  27            19                    18



                                                                                                  2023

             Uraian                         Entry-level                      Mid-level                          Senior-level                     Executive-level
           Description
                                    Pria              Wanita          Pria               Wanita          Pria             Wanita           Pria              Wanita
                                    Male              Female          Male               Female          Male             Female           Male              Female

18-24                                 29                   42

25-34                                299                  212           35                 13               9                   6                3                  1

35-44                                 70                   38           16                 15              28                  11            11                    13

45-54                                 20                   11            3                 10              11                   6                3                  6

>55                                    2

Total                                420                  303           54                 40              48                  23            19                    20




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        Performance Highlights                       Management Report                                Company Profile                           Overview of Business Support Units




Komposisi Pemegang Saham
Shareholders Composition [OJK C.3]


Komposisi Pemegang Saham
Shareholders’ Composition
Tabel berikut ini menjelaskan komposisi pemegang saham Bank Raya per                            The following table presents the composition of Bank Raya’s shareholders
31 Desember 2025 adalah sebagai berikut:                                                        as of December 31, 2025:

                                                          (Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain | Expressed in thousands of Rupiah, unless otherwise stated)

                                      Kepemilikan Saham di Awal Tahun                                                                 Kepemilikan Saham di Akhir Tahun
                                               (1 Januari 2025)*                                                                            (31 Desember 2025)
                                     Shareholding at the Beginning of Year                                                             Shareholding at the End of Year
                                              (January 1, 2025)*                                                                            (December 31, 2025)

                                                    Total lembar                                                             Total lembar
                                                        saham                                                                   saham
                                                                              %                                                                     %
             Pemegang Saham                      ditempatkan dan                                      Total               ditempatkan dan                                Total
                                                                          Kepemilikan                                                           Kepemilikan
               Shareholders                        disetor penuh                                       Rp                   disetor penuh                                 Rp
                                                                           Ownership                                                             Ownership
                                                 Total issued and                                                         Total issued and
                                                  fully paid shares                                                       fully paid shares

 PT Bank Rakyat Indonesia (Persero) Tbk            21.487.162.037             86.850%              2.148.716.204           21.487.162.037           86.8502%        2.148.716.203
 Komisaris - Muhamad Sidik Heruwibowo                             -                     -                         -                 8.900            0,0000%                     890
 Commissioner - Muhamad Sidik Heruwibowo
 Direksi – Lukman Hakim                                  100.000                0.000%                   10.000                  100.000             0,0000%                10.000
 Board of Directors – Lukman Hakim
 Masyarakat (masing-masing di bawah 5%)            3.230.414.657              13.150%               323.041.465            3.187.553.757           12,8847%          318.755.376
 Public (each under 5%)
 Saham Treasury                                       22.817.600                0.092%                2.281.760               65.669.600             0,2651%             6.566.960
 Treasury Stocks

* Per 31 Desember 2024 | As of December 31, 2024



Komposisi Kepemilikan Saham dengan                                                              Shareholding Composition with 5% or
Kepemilikan 5% atau Lebih                                                                       More Ownership
                                                          (Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain | Expressed in thousands of Rupiah, unless otherwise stated)

                                                             Kepemilikan Saham di Awal Tahun                                          Kepemilikan Saham di Akhir Tahun
                                                                      (1 Januari 2025)*                                                     (31 Desember 2025)
                                                            Shareholding at the Beginning of Year                                      Shareholding at the End of Year
                                                                     (January 1, 2025)*                                                     (December 31, 2025)
             Pemegang Saham
                                                    Total lembar                                                             Total lembar
                                                        saham                                                                   saham
                                                                              %                                                                     %
                                                 ditempatkan dan                                      Total               ditempatkan dan                                Total
                                                                          Kepemilikan                                                           Kepemilikan
                                                   disetor penuh                                       Rp                   disetor penuh                                 Rp
                                                                           Ownership                                                             Ownership
                                                 Total issued and                                                         Total issued and
                                                  fully paid shares                                                       fully paid shares

 PT Bank Rakyat Indonesia (Persero) Tbk          21.487.162.037              86,850%              2.148.716.204           21.487.162.037           86,8502%       2.148.716.204

* Per 31 Desember 2024 | As of December 31, 2024



Komposisi Kepemilikan Saham Kurang                                                              Shareholding Composition Less than 5%
dari 5%
                                                          (Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain | Expressed in thousands of Rupiah, unless otherwise stated)

                                      Kepemilikan Saham di Awal Tahun                                                                 Kepemilikan Saham di Akhir Tahun
                                               (1 Januari 2025)*                                                                            (31 Desember 2025)
                                     Shareholding at the Beginning of Year                                                             Shareholding at the End of Year
                                              (January 1, 2025)*                                                                            (December 31, 2025)

                                                    Total lembar                                                             Total lembar
                                                       saham                                                                    saham
                                                                              %                                                                     %
             Pemegang Saham                      ditempatkan dan                                      Total               ditempatkan dan                                Total
                                                                          Kepemilikan                                                           Kepemilikan
               Shareholders                        disetor penuh                                       Rp                   disetor penuh                                 Rp
                                                                           Ownership                                                             Ownership
                                                 Total issued and                                                         Total issued and
                                                 fully paid shares                                                        fully paid shares

 Komisaris - Muhamad Sidik Heruwibowo                                 -                     -                         -               8.900           0,0000%                      890
 Commissioner - Muhamad Sidik Heruwibowo
 Direksi – Lukman Hakim                                   100.000                0.000%                    10.000                   100.000            0,0000%                   10.000
 Board of Directors – Lukman Hakim
 Masyarakat (masing-masing di bawah 5%)             3.230.414.657               13.150%              323.041.465             3.187.553.757           12,8847%            318.755.376
 Public (each under 5%)
 Saham Treasury                                        22.817.600                0.092%                 2.281.760               65.669.600            0,2651%              6.566.960
 Treasury Stocks
* Per 31 Desember 2024 | As of December 31, 2024



138 PT Bank Raya Indonesia Tbk
Page 139
         Analisis dan Pembahasan Manajemen                    Tata Kelola Perusahaan                             Laporan Keberlanjutan                  Laporan Keuangan Audit
         Management Discussion and Analysis                   Good Corporate Governance                          Sustainability Report                  Audited Financial Report




Komposisi Kepemilikan Saham oleh                                                           Composition of Share Ownership by
Anggota Direksi dan Dewan Komisaris                                                        Members of the Board of Directors and
                                                                                           Board of Commissioners
                                                         (Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain | Expressed in thousands of Rupiah, unless otherwise stated)

                                      Kepemilikan Saham di Awal Tahun                                                               Kepemilikan Saham di Akhir Tahun
                                               (1 Januari 2025)*                                                                          (31 Desember 2025)
                                     Shareholding at the Beginning of Year                                                           Shareholding at the End of Year
                                              (January 1, 2025)*                                                                          (December 31, 2025)

                                                   Total lembar                                                         Total lembar
                                                       saham                                                                saham
                                                                              %                                                                    %
              Pemegang Saham                    ditempatkan dan                                      Total           ditempatkan dan                                    Total
                                                                          Kepemilikan                                                          Kepemilikan
                Shareholders                      disetor penuh                                       Rp               disetor penuh                                     Rp
                                                                           Ownership                                                            Ownership
                                                Total issued and                                                     Total issued and
                                                 fully paid shares                                                    fully paid shares

 Komisaris - Muhamad Sidik Heruwibowo                        -                       -                       -                  8.900             0,0000%                  890
 Commissioner - Muhamad Sidik
 Heruwibowo
 Direksi – Lukman Hakim                                100.000                0.000%                  10.000               100.000                0,0000%               10.000
 Board of Directors – Lukman Hakim
* Per 31 Desember 2024 | As of December 31, 2024



Komposisi Kepemilikan Saham                                                                Share Ownership Composition Based
Berdasarkan Klasifikasi Jenis Investor                                                     on Investor Type and Nationality
dan Kewarganegaraan                                                                        Classification

                                                    Kepemilikan Saham di Awal Tahun                                              Kepemilikan Saham di Akhir Tahun
                                                             (1 Januari 2025)*                                                          (31 Desember 2025)
                                                   Shareholding at the Beginning of Year                                        Shareholding at the Beginning of Year
                                                            (January 1, 2025)*                                                         (December 31, 2025)
  Kelompok Pemegang Saham
                                                                                         Persentase                                                               Persentase
      Shareholder Group
                                      Jumlah Pemegang         Jumlah Saham               Kepemilikan             Jumlah Pemegang           Jumlah Saham           Kepemilikan
                                           Saham                (lembar)                     (%)                      Saham                  (lembar)                 (%)
                                         Number of           Number of Shares             Ownership                 Number of             Number of Shares         Ownership
                                        Shareholders             (shares)                Percentage                Shareholders               (shares)            Percentage
                                                                                             (%)                                                                      (%)

 Pemodal Nasional
 National Investor
 Perorangan Indonesia                         53.157                 2.428.493.063           9,817                    50.240                  2.367.229.239                     9,568
 Indonesian Individuals
 Koperasi                                         40                    2.886.911            0,012                        37                      2.469.911                     0,009
 Cooperation
 Yayasan                                           4                    1.794.644            0,007                         6                      2.214.948                     0,009
 Foundation
 Dana Pensiun                                      9                  612.577.003            2,476                         6                    602.756.303                     2,436
 Pension Funds
 Asuransi                                          -                             -               -                          -                                -                      -
 Insurances
 Bank                                              4             21.510.360.765             86,494                         4                 21.553.212.765                 87,117
 Banks
 Perseroan Terbatas                               84                   88.112.364            0,356                        78                    124.712.842                     0,504
 Limited Liability
 Badan Usaha Lain                                  2                       20.900            0,000                         2                         20.900                     0,000
 Other Business Entities
 Reksadana                                         8                   52.243.938            0,211                         8                     47.160.850                     0,190
 Mutual Funds
 Sub-Total                                    53.308             24.696.678.458             99,823                    50.381                 24.699.777.758                 99,836
 Pemodal Asing
 Foreign Investor
 Perorangan Asing                                 29                   12.124.837            0,049                        28                     11.986.337                     0,048
 Foreign Individuals
 Badan Usaha Asing                                25                   31.690.999            0,128                        23                     28.730.199                     0,116
 Foreign Business Entities
 Sub-Total                                        54                   43.815.836            0,177                        51                     40.716.536                     0,164
 Total                                        53.362             24.740.320.714               100                     50.432                 24.740.494.294                      100

* Per 31 Desember 2024 | As of December 31, 2024



                                                                                                      Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                    Annual Report & Sustainability Report        2025 139
Page 140
       Ikhtisar Kinerja                         Laporan Manajemen                       Profil Perusahaan                  Tinjauan Pendukung Bisnis
       Performance Highlights                   Management Report                       Company Profile                    Overview of Business Support Units




Tabel di bawah ini menunjukkan komposisi Kepemilikan Saham Berdasarkan            The table below shows the composition of share ownership based on the
20 Pemegang Saham Terbesar per 31 Desember 2025.                                  20 largest shareholders as of December 31, 2025.


                                                                                                                                             Persentase
                  Nama Pemegang Saham                                                                Domisili           Jumlah Saham         Kepemilikan
 No                                                                  Status
                   Name of Shareholder                                                               Domicile          Number of Shares       Ownership
                                                                                                                                             Percentage

 1     PT BANK RAKYAT INDONESIA (PERSERO) TBK         BANK                                  JAKARTA PUSAT                 21.239.760.958         86,8501728
                                                                                            CENTRAL JAKARTA
 2     DANA PENSIUN PERKEBUNAN                        DANA PENSIUN                          JAKARTA SELATAN                600.703.375            2,4280169
                                                      PENSION FUND                          SOUTH JAKARTA
 3     PT BERLIAN TAMBANG INDONESIA                   PERSEROAN TERBATAS                    JAKARTA SELATAN                104.107.100            0,4207964
                                                      LIMITED LIABILITY COMPANY             SOUTH JAKARTA
 4     PT BANK RAYA INDONESIA TBK                     BANK                                  JAKARTA SELATAN                  65.669.600           0,2654337
                                                                                            SOUTH JAKARTA
 5     RD PREMIER ETF INDO STATE- OWNED COMPANI       REKSADANA                             JAKARTA PUSAT                    42.070.852           0,1700486
                                                      MUTUAL FUNDS                          CENTRAL JAKARTA
 6     UBS AG LONDON-2140724000                       BADAN USAHA ASING                     ZURICH, SWISS                    19.682.800           0,0795570
                                                      FOREIGN BUSINESS ENTITY               ZURICH, SWITZERLAND
 7     JOKO SUSILO                                    PERORANGAN INDONESIA                  KEDIRI                           18.000.000           0,0727552
                                                      INDONESIAN INDIVIDUAL
 8     DRH. ALLEN MARBUN                              PERORANGAN INDONESIA                  BOGOR                            17.340.347           0,0700889
                                                      INDONESIAN INDIVIDUAL
 9     FARIDA ANUM                                    PERORANGAN INDONESIA                  JAKARTA UTARA                    16.400.000           0,0662881
                                                      INDONESIAN INDIVIDUAL                 NORTH JAKARTA
 10    GO KIONG HWOO                                  PERORANGAN INDONESIA                  JAKARTA UTARA                    14.291.200           0,0577644
                                                      INDONESIAN INDIVIDUAL                 NORTH JAKARTA
 11    PUK KONG CAN                                   PERORANGAN INDONESIA                  JAKARTA PUSAT                    14.057.700           0,0568206
                                                      INDONESIAN INDIVIDUAL                 CENTRAL JAKARTA
 12    RICKY ALS FANGKI                               PERORANGAN INDONESIA                  BINJAI                           13.800.000           0,0557790
                                                      INDONESIAN INDIVIDUAL
 13    SUITO PURNAMA                                  PERORANGAN INDONESIA                  SURABAYA                         13.368.900           0,0540365
                                                      INDONESIAN INDIVIDUAL
 14    JEFFREY POERNAMA                               PERORANGAN INDONESIA                  SURABAYA                         11.500.000           0,0464825
                                                      INDONESIAN INDIVIDUAL
 15    H PANGERAN SYARIF ABDURRAHMAN BAHASYIM,        PERORANGAN INDONESIA                  JAKARTA SELATAN                  11.045.551           0,0446456
                                                      INDONESIAN INDIVIDUAL                 SOUTH JAKARTA
 16    EDDO CHANDRA                                   PERORANGAN INDONESIA                  SEMARANG                         10.290.000           0,0415917
                                                      INDONESIAN INDIVIDUAL
 17    SOEYONO LIMAN                                  PERORANGAN INDONESIA                  MEDAN                            10.006.900           0,0404475
                                                      INDONESIAN INDIVIDUAL
 18    HUSNI TEDJA                                    PERORANGAN INDONESIA                  JAKARTA PUSAT                    10.001.500           0,0404256
                                                      INDONESIAN INDIVIDUAL                 CENTRAL JAKARTA
 19    AMAL SUSILO                                    PERORANGAN INDONESIA                  BOGOR                            10.000.000           0,0404196
                                                      INDONESIAN INDIVIDUAL
 20    ANTHONY KARTOLO                                PERORANGAN INDONESIA                  JAKARTA UTARA                    10.000.000           0,0404196
                                                      INDONESIAN INDIVIDUAL                 NORTH JAKARTA




Informasi Pemegang Saham Utama
Information on Major Shareholder

PT Bank Rakyat Indonesia (Persero) Tbk atau BBRI adalah bank komersial            PT Bank Rakyat Indonesia (Persero) Tbk, or BBRI, is a state-owned commercial
milik Pemerintah, yang berfokus pada kredit mikro, kecil, dan menengah            bank focused on micro, small, and medium enterprise (MSME) lending and
(UMKM), dan menjadi perusahaan holding Ultra Mikro. Segmen operasi                serves as the Ultra Micro holding company. BBRI’s operating segments
BBRI terbagi menjadi segmen mikro, ritel, korporasi, segmen lainnya, dan          comprise the micro, retail, corporate, other segments, and subsidiaries. As
entitas anak. Per 31 Desember 2025, BBRI dimiliki oleh Saham Seri A               of December 31, 2025, BBRI is owned by the Republic of Indonesia through
Dwiwarna Negara Republik Indonesia melalui BP BUMN, Saham Seri B PT               BP BUMN, which holds Series A Dwiwarna shares; PT Danantara Asset
Danantara Asset Management sebesar 53,19% dan sisanya oleh masyarakat             Management, which holds 53.19% of Series B shares; and the public, which
sebesar 46,81%.                                                                   holds the remaining 46.81%.




140 PT Bank Raya Indonesia Tbk
Page 141
       Analisis dan Pembahasan Manajemen             Tata Kelola Perusahaan                 Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis            Good Corporate Governance              Sustainability Report                 Audited Financial Report




Struktur Grup Perusahaan
Group Structure of The Company

PT Bank Rakyat Indonesia (Persero) Tbk atau BBRI adalah entitas induk        PT Bank Rakyat Indonesia (Persero) Tbk, or BBRI, is the parent entity of Bank
dari Bank Raya. Negara Republik Indonesia, yang diwakili oleh Pemerintah     Raya. The Republic of Indonesia, represented by the Government of the
Republik Indonesia melalui PT Danantara Asset Management merupakan           Republic of Indonesia through PT Danantara Asset Management, is the
pemegang saham utama BBRI. Dengan demikian, Pemerintah Republik              controlling shareholder of BBRI. Accordingly, the Government of the Republic
Indonesia/BP Badan Usaha Milik Negara (BUMN) merupakan induk terakhir        of Indonesia/the Regulatory Agency of State-Owned Enterprises (SOEs) is
Bank Raya sebagaimana yang dijelaskan pada bagan berikut ini:                the ultimate parent of Bank Raya, as illustrated in the following chart:


                    0,00%                               53,19%                            46,81%
       The Government of the Republic             PT Danantara Asset                     Masyarakat
        of Indonesia through BP BUMN             Management (Persero)                      Public




                                                                                                                            Masyarakat
                                                                                                                              Public
                                                PT Bank Rakyat Indonesia
                                                      (Persero) Tbk




                 15,38%                                 51,00%                                   99,88%
              PT Bank Syariah                                                                PT BRI Multifinance
                                                    PT Asuransi BRI Life
               Indonesia Tbk.                                                                    Indonesia


                 15,10%                                 67,00%                                  100,00%

          PT Bahana Artha Ventura               PT BRI Danareksa Sekuritas                  BRI Global Financial
                                                                                              Services Co. Ltd


                 3,00%                                  90,00%                                   99,97%
         PT Konstodian Sentral Efek                   PT BRI Asuransi                          PT BRI Ventura
              Indonesia (KSEI)                           Indonesia                               Investama


                 0,18%                                  99,99%                                   65,00%
            PT Pemeringkat Efek                       PT Pegadaian
             Indonesia (Pefindo)                                                         PT BRI Manajemen Investasi



                 1,11%                                  99,99%                                   86,85%
         PT Kliring Penjaminan Efek               PT Permodalan Nasional
               Indonesia (KPEI)                                                          PT Bank Raya Indonesia Tbk
                                                         Madani




                                                                  1,12%                           1,75%                                 0,02%
                                                          PT BPR Bungamayang                 PT BPR Cinta Manis                PT Aplikanusa Lintasarta
                                                                Agraloka                          Agraloka                       (Yayasan Perbanas)




                                                                                     Laporan Tahunan & Laporan Keberlanjutan
                                                                                                Annual Report & Sustainability Report   2025 141
Page 142
        Ikhtisar Kinerja                      Laporan Manajemen                            Profil Perusahaan                 Tinjauan Pendukung Bisnis
        Performance Highlights                Management Report                            Company Profile                   Overview of Business Support Units




Entitas Anak, Entitas Asosiasi, dan Ventura Bersama
Subsidiaries, Associates, and Joint Ventures

Berdasarkan laporan keuangan audit 2025, Bank Raya tidak memiliki                     Based on the 2025 audited financial statements, Bank Raya does not have
entitas anak, entitas asosiasi, dan ventura bersama. Namun demikian, Bank             any subsidiaries, associates, or joint ventures. However, Bank Raya holds
Raya memiliki penyertaan saham di PT BPR Bungamayang Agroloka,                        equity investments in PT BPR Bungamayang Agroloka, PT BPR Cinta Manis
PT BPR Cinta Manis Agroloka, dan PT Aplikanusa Lintasarta dengan                      Agroloka, and PT Aplikanusa Lintasarta, with details as follows:
penjelasan sebagai berikut:


                                                          PT BPR Bungamayang Agroloka
 Alamat                                     Jl. Jembatan Merah, Kel. Negara Tulang Bawang, Kec. Bungamayang
 Address                                    Kota/Kab. Lampung Utara – 34554
 Bidang Usaha                               Bank Perkreditan Rakyat
 Line of Business                           Rural Bank
 Kepemilikan Saham                          1,12%
 Share Ownership
 Tahun Pendirian                            1991
 Year of Establishment
 Status Operasi                             Masih Beroperasi
 Operational Status                         Operating




                                                            PT BPR Cinta Manis Agroloka
 Alamat                                     Jl. Bangau No.13 Komplek PG UU Cinta Manis PTPN VII (Persero)
 Address                                    Kel. Ketiau Kec. Lubuk Keliat Kota/Kab. Inderalaya
 Bidang Usaha                               Bank Perkreditan Rakyat
 Line of Business                           Rural Bank
 Kepemilikan Saham                          1,75%
 Share Ownership
 Tahun Pendirian                            1991
 Year of Establishment
 Status Operasi                             Masih Beroperasi
 Operational Status                         Operating




                                                               PT Aplikanusa Lintasarta
 Alamat                                     Menara Thamrin lantai 19
 Address                                    Jl. M.H. Thamrin Kav.3, Jakarta - 10250
 Bidang Usaha                               Informasi dan Komunikasi
 Line of Business                           Information and Communication
 Kepemilikan Saham                          0,23%
 Share Ownership
 Tahun Pendirian                            1988
 Year of Establishment
 Status Operasi                             Masih Beroperasi
 Operational Status                         Operating




142 PT Bank Raya Indonesia Tbk
Page 143
       Analisis dan Pembahasan Manajemen             Tata Kelola Perusahaan               Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis            Good Corporate Governance            Sustainability Report                 Audited Financial Report




Kronologis Penerbitan Saham dan Penerbitan Efek Lainnya
Chronology of Share Issuance and Other Securities Issuance

Kronologis Penerbitan Saham
Chronology of Share Issuance


Penawaran Umum Saham Bank                                                  Public Offering of Bank Shares
Pada tanggal 21 Mei 2003, Bank menyampaikan Pernyataan Pendaftaran         On May 21, 2003, the Bank submitted its Public Company Registration
Perusahaan Publik kepada Ketua Badan Pengawas Pasar Modal dan              Statement to the Chairman of Capital Market and Financial Institutions
Lembaga Keuangan ("Bapepam-LK") di Jakarta. Berdasarkan Surat Ketua        Supervisory Agency ("Bapepam-LK") in Jakarta. The Bank was declared
Bapepam-LK No. S-1565/PM/2003 tanggal 30 Juni 2003, Bank dinyatakan        effective as a public company on June 30, 2003, by the Chairman of
efektif menjadi perusahaan publik.                                         Bapepam-LK under Letter No. S-1565/PM/2003.

Selanjutnya Bank mencatatkan saham perdananya sebanyak 1.529.336.690       On August 8, 2003, the Bank listed its 1,529,336,690 shares with a nominal
lembar saham dengan nominal Rp100 (Rupiah penuh) per lembar saham          value of Rp100 (full Rupiah) per share on Indonesia Stock Exchange (formerly
di Bursa Efek Indonesia (dahulu Bursa Efek Surabaya) pada tanggal 8        Surabaya Stock Exchange) based on the Bank's Initial Listing Approval
Agustus 2003, berdasarkan Surat Persetujuan Pencatatan Awal Saham          Letter No. JKT007/LIST/BES/VIII/2003 dated August 7, 2003.
Bank No. JKT007/LIST/BES/VIII/2003 tanggal 7 Agustus 2003.


Penawaran Umum Terbatas Saham Bank                                         Limited Public Offering of Bank Shares
Pada tanggal 9 Oktober 2003, Bank menyampaikan Pernyataan Pendaftaran      On October 9, 2003, the Bank submitted a Registration Statement for Limited
Penawaran Umum Terbatas I kepada Ketua Bapepam-LK dalam rangka             Public Offering I to the Chairman of Bapepam-LK for the issuance of
penerbitan Hak Memesan Efek Terlebih Dahulu sebanyak 305.867.338           305,867,338 Common Shares with Pre-emptive Rights at a nominal value
Saham Biasa Atas Nama dengan nilai nominal Rp100 (Rupiah penuh)            of Rp100 (full Rupiah) per share. On November 7, 2003, the Chairman of
setiap lembar saham. Pada tanggal 7 November 2003, Ketua Bapepam-          Bapepam-LK approved the Registration Statement under Letter No. S-2718/
LK melalui Surat No. S-2718/PM/2003, menyetujui pernyataan pendaftaran     PM/2003. The Bank raised Rp30,586,734 in share capital through the Limited
tersebut. Dari Penawaran Umum Terbatas I, Bank dapat meningkatkan          Public Offering I.
jumlah modal saham sebesar Rp30.586.734.

Pada tanggal 14 Maret 2005, Bank menyampaikan Pernyataan Pendaftaran       On March 14, 2005, the Bank submitted a Registration Statement for Limited
Penawaran Umum Terbatas II kepada Ketua Bapepam-LK dalam rangka            Public Offering II to the Chairman of Bapepam-LK for the issuance of
penerbitan Hak Memesan Efek Terlebih Dahulu sebanyak 513.857.128           513,857,128 Common Shares with Pre-emptive Rights at a nominal value
Saham Biasa Atas Nama dengan nilai nominal Rp100 (Rupiah penuh)            of Rp100 (full Rupiah) per share. On April 12, 2005, the Chairman of
setiap lembar saham. Pada tanggal 12 April 2005, Ketua Bapepam-LK          Bapepam-LK approved the Registration Statement under Letter No. S-757/
melalui Surat No. S-757/PM/2005 menyetujui pernyataan pendaftaran          PM/2005. The Bank was able to raise Rp51,385,713 in share capital through
tersebut. Dari penawaran umum terbatas II, Bank dapat meningkatkan         the Limited Public Offering II. On March 24, 2009, the Bank increased its
jumlah modal saham sebesar Rp51.385.713. Pada tanggal 24 Maret 2009,       paid-up capital by 64,000,000 shares through a capital increase without
Bank meningkatkan modal disetornya sebanyak 64.000.000 saham melalui       preemptive rights. The capital increase was carried out by the Bank's
penambahan modal tanpa penerbitan Hak Memesan Efek Terlebih Dahulu.        controlling shareholder, Dana Pensiun Perkebunan.
Peningkatan modal tersebut dilakukan oleh Dana Pensiun Perkebunan,
pemegang saham pengendali Bank.

Pada tanggal 28 September 2009, Bank menyampaikan Pernyataan               On September 28, 2009, the Bank submitted a Registration Statement for
Pendaftaran Penawaran Umum Terbatas III kepada Ketua Bapepam-LK            Limited Public Offering III to the Chairman of Bapepam-LK for the issuance
dalam rangka penerbitan Hak Memesan Efek Terlebih Dahulu sebanyak          of 1,040,632,622 Common Shares with Pre-emptive Rights at a nominal
1.040.632.622 Saham Biasa Atas Nama dengan nilai nominal Rp100             value of Rp100 (full Rupiah) per share. On November 9, 2009, the Chairman
(Rupiah penuh) setiap lembar saham. Pada tanggal 9 November 2009,          of Bapepam-LK approved the Limited Public Offering III Statement under
Ketua Bapepam-LK melalui Surat No. S-9827/BL/2009 menyetujui Pernyataan    Letter No. S-9827/BL/2009. With this limited public offering, the Bank's
Penawaran Umum Terbatas III tersebut. Dari penawaran umum terbatas         share capital increased by 1,005,144,172 shares. In the Limited Public
ini Bank telah meningkatkan jumlah modal sahamnya sebanyak 1.005.144.172   Offering III, the Bank also issued warrants totaling 502,572,084 shares, which
lembar saham. Pada Penawaran Umum Terbatas III tersebut, Bank juga         can be converted into the Bank’s shares at a nominal value of Rp100 per
menerbitkan waran sejumlah 502.572.084 lembar yang dapat dikonversi        share (full Rupiah). Until May 25, 2011 (end of warrant conversion), the total
menjadi saham Bank dengan nilai nominal Rp100 per lembar (Rupiah           number of warrants converted into shares was 199,890,250, and thus,
penuh). Sampai dengan tanggal 25 Mei 2011 (akhir dari konversi waran),     increasing the Bank's share capital by Rp19,989,025.
jumlah waran yang telah dikonversi menjadi saham sejumlah 199.890.250
lembar, sehingga meningkatkan modal saham Bank sebesar Rp19.989.025.

Pada tanggal 10 Mei 2013, Bank menyampaikan Pernyataan Pendaftaran         On May 10, 2013, the Bank submitted a Registration Statement for Limited
Penawaran Umum Terbatas IV kepada Dewan Komisioner Otoritas Jasa           Public Offering IV to the Board of Commissioners of the Financial Services
Keuangan dalam rangka penerbitan Hak Memesan Efek Terlebih Dahulu          Authority for the issuance of 3,846,035,599 Common Shares with Pre-emptive
sebanyak 3.846.035.599 Saham Biasa Atas Nama dengan nilai nominal          Rights at a nominal value of Rp100 (full Rupiah) per share. On June 26,
Rp100 (Rupiah penuh) setiap lembar saham. Pada tanggal 26 Juni 2013,       2013, the Financial Services Authority's Board of Commissioners approved
Dewan Komisioner Otoritas Jasa Keuangan melalui Surat No. S -186/          the Limited Public Offering IV Statement under Letter No. S-186/D.04/2013.
D.04/2013, menyetujui Pernyataan Penawaran Umum Terbatas IV tersebut.      Through this limited public offering, the Bank increased its share capital by
Dari penawaran umum terbatas ini Bank telah meningkatkan jumlah modal      3,832,685,599 shares.
sahamnya sebanyak 3.832.685.599 lembar saham.




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        Performance Highlights                 Management Report                   Company Profile                       Overview of Business Support Units




Pada tanggal 11 Mei 2015, Bank menyampaikan Pernyataan Pendaftaran           On May 11, 2015, the Bank submitted the Registration Statement of Limited
Penawaran Umum Terbatas V kepada Dewan Komisioner Otoritas Jasa              Public Offering V to the Financial Services Authority's Board of Commissioners
Keuangan dalam rangka penerbitan Hak Memesan Efek Terlebih Dahulu            for the issuance of 5,588,080,286 Common Shares with Pre-emptive Rights
sebanyak 5.588.080.286 Saham Biasa Atas Nama dengan nilai nominal            at a nominal value of Rp100 (full Rupiah) per share. The Registration
Rp100 (Rupiah penuh) setiap lembar saham. Pada tanggal 17 Juni 2015,         Statement of Limited Public Offering V became effective on June 17, 2015,
Dewan Komisioner Otoritas Jasa Keuangan melalui Surat No. S-259/D.04/2015,   after the Financial Services Authority's Board of Commissioners issued Letter
menyatakan efektifnya Pernyataan Pendaftaran Penawaran Umum                  No. S-259/D.04/2015. Through this limited public offering, the Bank increased
Terbatas V tersebut. Dari penawaran umum terbatas ini Bank telah             its share capital by 4,028,934,521 shares.
meningkatkan jumlah modal sahamnya sebanyak 4.028.934.521 lembar
saham.

Pada tanggal 17 Oktober 2016, Bank menyampaikan Pernyataan Pendaftaran       On October 17, 2016, the Bank submitted the Registration Statement of
Penawaran Umum Terbatas VI kepada Dewan Komisioner Otoritas Jasa             Limited Public Offering VI to the Financial Services Authority's Board of
Keuangan dalam rangka Penambahan Modal dengan Hak Memesan Efek               Commissioners in the context of a Capital Increase with Pre-emptive Rights
Terlebih Dahulu (PMHMETD) sebanyak-banyaknya 3.845.996.122 saham             (PMHMETD) of up to 3,845,996,122 common shares at a nominal value of
biasa dengan nilai nominal Rp100 (Rupiah penuh) per saham dan                Rp100 (full Rupiah) per share, and issued Warrant Series II of 616,908,103
menerbitkan Waran Seri II sebanyak 616.908.103 lembar. Pada tanggal          shares. On November 25, 2016, the Board of Commissioners of the Financial
25 November 2016, Dewan Komisioner Otoritas Jasa Keuangan melalui            Services Authority notified the Effective Registration Statement of Limited
Surat No. S-695/D.04/2016 memberitahu mengenai Efektifnya Pernyataan         Public Offering VI under Letter No. S-695/D.04/2016, and thus,
Pendaftaran Penawaran Umum Terbatas VI, sehingga meningkatkan                the Bank’s total share capital increased by 3,845,996,122 shares.
jumlah modal sahamnya sebanyak 3.845.996.122 lembar saham.

Waran Seri II dapat dikonversi menjadi saham Bank dengan nilai Rp130         Series II Warrants are convertible into the Bank’s shares at Rp130 per share
per lembar (Rupiah penuh) dengan periode pelaksanaan dari 9 Juni 2017        (full Rupiah) and have an exercise period from June 9, 2017 to June 11,
sampai dengan 11 Juni 2018. Sampai dengan tanggal 11 Juni 2018 (akhir        2018. Until June 11, 2018 (end of warrant conversion), the number of
dari konversi waran), jumlah waran yang telah dikonversi menjadi saham       warrants converted into shares totaled 612,937,654 shares, and thus,
sejumlah 612.937.654 lembar, sehingga meningkatkan modal saham Bank          increasing the Bank's share capital by Rp61,293,765.
sebesar Rp61.293.765.

Pada tanggal 2 Mei 2017, Bank menyampaikan Pernyataan Pendaftaran            On May 2, 2017, the Bank submitted a Registration Statement for Limited
Penawaran Umum Terbatas VII kepada Dewan Komisioner Otoritas Jasa            Public Offering VII to the Financial Services Authority's Board of Commissioners
Keuangan dalam rangka Penambahan Modal dengan Hak Memesan Efek               in the context of a Capital Increase with Pre-emptive Rights (PMHMETD) of
Terlebih Dahulu (PMHMETD) sebanyak-banyaknya 2.515.555.707 saham             up to 2,515,555,707 common shares at a nominal value of Rp100 (full
biasa dengan nilai nominal Rp100 (Rupiah penuh) per saham. Pada tanggal      Rupiah) per share. On June 12, 2017, the Board of Commissioners of the
12 Juni 2017, Dewan Komisioner Otoritas Jasa Keuangan melalui Surat          Financial Services Authority notified the effectiveness of the Registration
No. S-293/D.04/2017, memberitahu mengenai efektifnya Pernyataan              Statement of Limited Public Offering VII under Letter No. S-293/D.04/2017,
Pendaftaran Penawaran Umum Terbatas VII, sehingga meningkatkan               and thus, the Bank’s total share capital increased by 2,515,555,707 shares.
jumlah modal sahamnya sebanyak 2.515.555.707 lembar saham.

Pada tanggal 16 Juli 2018, Bank menyampaikan Pernyataan Pendaftaran          On July 16, 2018, the Bank submitted the Registration Statement of Limited
Penawaran Umum Terbatas VIII kepada Dewan Komisioner Otoritas Jasa           Public Offering VIII to the Financial Services Authority's Board of Commissioners
Keuangan dalam rangka Penambahan Modal dengan Hak Memesan Efek               as part of a Capital Increase with Pre-emptive Rights (PMHMETD) of up to
Terlebih Dahulu (PMHMETD) sebanyak-banyaknya 5.001.089.604 saham             5,001,089,604 common shares at a nominal value of Rp100 (full Rupiah)
biasa dengan nilai nominal Rp100 (Rupiah penuh) per saham. Pada tanggal      per share. On August 30, 2018, OJK’s Board of Commissioners issued Letter
30 Agustus 2018, Dewan Komisioner OJK melalui Surat No. S-113/D.04/2018      No. S-113/D.04/2018, notifying the effectiveness of the Registration Statement
memberitahu mengenai efektifnya Pernyataan Pendaftaran Penawaran             of Limited Public Offering VIII, and thus, the Bank’s total share capital
Umum Terbatas VIII, sehingga meningkatkan jumlah modal sahamnya              increased by 2,889,085,049 shares.
sebanyak 2.889.085.049 lembar saham.

Pada tanggal 30 September 2021, Bank menyampaikan Pernyataan                 On September 30, 2021, the Bank submitted the Registration Statement of
Pendaftaran Penawaran Umum Terbatas IX kepada Dewan Komisioner               Limited Public Offering IX to the Financial Services Authority's Board of
Otoritas Jasa Keuangan dalam rangka Penambahan Modal dengan Hak              Commissioners as part of a Capital Increase with Pre-emptive Rights
Memesan Efek Terlebih Dahulu (PMHMETD) sebanyak-banyaknya                    (PMHMETD) of up to 1,054,545,185 common shares at a nominal value of
1.054.545.185 saham biasa dengan nilai nominal Rp100 (Rupiah penuh)          Rp100 (full Rupiah) per share. On November 18, 2021, OJK’s Board of
per saham. Pada tanggal 18 November 2021, Dewan Komisioner OJK               Commissioners announced the effectiveness of the Registration Statement
melalui Surat No. S-207/D.04/2021 menyatakan mengenai efektifnya             of Limited Public Offering IX under Letter No. S-207/D.04/2021, and thus,
Pernyataan Pendaftaran Penawaran Umum Terbatas IX, sehingga                  the Bank’s total share capital increased by 1,054,545,185 shares.
meningkatkan jumlah modal sahamnya sebanyak 1.054.545.185 lembar
saham.

Pada tanggal 5 Oktober 2022, Bank menyampaikan Pernyataan Pendaftaran        On October 5, 2022, the Bank submitted the Registration Statement of
Penawaran Umum Terbatas X kepada Dewan Komisioner Otoritas Jasa              Limited Public Offering X to the Financial Services Authority's Board of
Keuangan dalam rangka Penambahan Modal dengan Hak Memesan Efek               Commissioners as part of a Capital Increase with Pre-emptive Rights
Terlebih Dahulu (PMHMETD) sebanyak-banyaknya 2.320.000.000 saham             (PMHMETD) of up to 2,320,000,000 common shares at a nominal value of
biasa dengan nilai nominal Rp100 (Rupiah penuh) per saham. Pada tanggal      Rp100 (full Rupiah) per share. On November 30, 2022, OJK’s Board of
30 November 2022, Dewan Komisioner OJK melalui Surat No. S-250/D.04/2022     Commissioners issued Letter No. S-250/D.04/2022, declaring the Registration
menyatakan mengenai efektifnya Pernyataan Pendaftaran Penawaran              Statement of Limited Public Offering X effective, and thus, the Bank’s total
Umum Terbatas X, sehingga meningkatkan jumlah modal sahamnya                 share capital increased by 1,993,201,832 shares.
sebanyak 1.993.201.832 lembar saham.




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        Management Discussion and Analysis                    Good Corporate Governance                   Sustainability Report                  Audited Financial Report




Secara ringkas, penawaran umum saham perdana dan penawaran umum                            In summary, Bank Raya's initial public offering and limited public offerings
saham terbatas Bank raya dijelaskan pada tabel berikut ini:                                are described in the table below:


                                                                              Tanggal Pencatatan di       Nilai Nominal
                                                       Jumlah Saham Baru                                                                                 Jumlah Modal
  Tahun                 Aksi Korporasi                                                 Bursa                 Nominal         Jumlah Saham
                                                         Number of New                                                                                       Disetor
   Year                Corporate Action                                         Listing Date of the           Value         Number of Shares
                                                             Shares                                                                                   Total Paid-up Capital
                                                                                     Exchange                   (Rp)

 2003         Penawaran Umum Perdana (IPO)                  1.529.336.690   30 Juni 2003                       100               1.529.336.690             152.933.669.000
              Initial Public Offering (IPO)                                 June 30, 2003
 2003         Penawaran Umum Terbatas dengan                 305.867.338    7 November 2003                    100               1.835.204.028             183.520.402.800
              HMETD (PUT I)

              Limited Public Offering with Pre-                             November 7, 2003
              emptive Rights (LPO I)
 2005         Penawaran Umum Terbatas dengan                 513.857.128    14 Maret 2005                      100               2.349.061.156             234.906.115.600
              HMETD (PUT II)

              Limited Public Offering with Pre-                             March 14, 2005
              emptive Rights (LPO II)
 2009         Penawaran Umum Terbatas Tanpa                   64.000.000    24 Maret 2009                      100               2.413.061.156             241.306.115.600
              HMETD

              Limited Public Offering without Pre-                          March 24, 2009
              emptive Rights
 2009         Penawaran Umum Terbatas dengan                1.005.144.172   9 November 2009                    100               3.418.205.328             341.820.532.800
              HMETD (PUT III)

              Limited Public Offering with Pre-                             November 9, 2009
              emptive Rights (LPO III)
 2011         Pelaksanaan Waran seri I (PUT III)             199.890.250    25 Mei 2011                        100               3.618.095.578             361.809.557.800
              Exercise of Warrant series I (LPO III)                        May 25, 2011
 2013         Penawaran Umum Terbatas dengan                3.832.685.599   Juli 2013                          100               7.450.781.177             745.078.117.700
              HMETD (PUT IV)

              Limited Public Offering with Pre-                             July 2013
              emptive Rights (LPO IV)
 2015         Penawaran Umum Terbatas dengan                4.028.934.521   Juli 2015                          100              11.479.715.698           1.147.971.569.800
              HMETD (PUT V)

              Limited Public Offering with Pre-                             July 2015
              emptive Rights (LPO V)
 2016         Penawaran Umum Terbatas dengan                3.845.996.122   Desember 2016                      100              15.325.711.820           1.536.698.225.100
              HMETD (PUT VI)

              Limited Public Offering with Pre-
              emptive Rights (LPO VI)                                       December 2016
 2017         Execution of Series II                         612.937.654    Juni – Desember 2017               100              15.938.649.474           1.539.968.225.100
              Warrants (PUT VI)                                             June – December 2017
 2017         Penawaran Umum Terbatas dengan                2.515.555.707   Juli 2017                          100              18.454.205.181           1.791.253.795.800
              HMETD (PUT VII)

              Limited Public Offering with Pre-                             July 2017
              emptive Rights (LPO VII)
 2018         Penawaran Umum Terbatas dengan                2.889.085.049   26 September 2018                  100              21.343.290.230           2.134.329.023.000
              HMETD (PUT VIII)

              Limited Public Offering with Pre-                             September 26, 2018
              emptive Rights (LPO VIII)
 2021         Kepemilikan Hak Opsi Saham Pekerja             249.376.451    27 Mei 2021                        100              21.592.666.681           2.159.266.668.100
              dan Pengurus Perseroan (MESOP)

              Management and Employee Stock                                 May 27, 2021
              Option Ownership (MESOP)




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                                                                         Tanggal Pencatatan di         Nilai Nominal
                                                  Jumlah Saham Baru                                                                              Jumlah Modal
   Tahun              Aksi Korporasi                                              Bursa                   Nominal        Jumlah Saham
                                                    Number of New                                                                                    Disetor
    Year             Corporate Action                                      Listing Date of the             Value        Number of Shares
                                                        Shares                                                                                Total Paid-up Capital
                                                                                Exchange                     (Rp)

 2021        Kepemilikan Hak Opsi Saham Pekerja          99.318.846    14 September 2021                   100              21.691.981.527        2.169.198.152.700
             dan Pengurus Perseroan (MESOP)

             Management and Employee Stock                             September 14, 2021
             Option Ownership (MESOP)
 2021        Penambahan Modal dengan Hak               1.054.545.185   2 Desember 2021                     100              22.746.526.712        2.274.652.671.200
             Memesan Efek Terlebih Dahulu
             (PMHMETD) IX

             Capital Increase with Pre-emptive                         December 2, 2021
             Rights (PMHMETD) IX
 2022        Kepemilikan Hak Opsi Saham Pekerja             218.370    25 Mei 2022                         100              22.746.745.082        2.274.674.508.200
             dan Pengurus Perseroan (MESOP)

             Management and Employee Stock                             May 25, 2022
             Option Ownership (MESOP)
 2022        Kepemilikan Hak Opsi Saham Pekerja             160.900    22 Agustus 2022                     100              22.746.905.982        2.274.690.598.200
             dan Pengurus Perseroan (MESOP)

             Management and Employee Stock                             August 22, 2022
             Option Ownership (MESOP)
 2022        Penambahan Modal dengan Hak               1.993.201.832   26 Desember 2022                    100              24.740.107.814        2.474.010.781.400
             Memesan Efek Terlebih Dahulu
             (PMHMETD) X

             Capital Increase with Pre-emptive                         December 28, 2022
             Rights (PMHMETD) X
 2023        Kepemilikan Hak Opsi Saham Pekerja             386.480    18 April 2023                       100              24.740.494.294        2.474.049.429.400
             dan Pengurus Perseroan (MESOP)

             Management and Employee Stock                             April 18, 2023
             Option Ownership (MESOP)




Kronologis Penerbitan Efek Lainnya
Chronology of Other Securities Issuance

Bank Raya tidak menerbitkan efek lainnya hingga periode yang berakhir                  Bank Raya did not issue any other securities until the end of the period of
pada tanggal 31 Desember 2025. Sehubungan dengan hal tersebut, Bank                    December 31, 2025. As a result, Bank Raya does not provide information
Raya tidak menyajikan informasi tentang nama efek lainnya, tahun                       on the name of other securities, issuance year, interest/return rate, maturity
penerbitan efek lainnya, tingkat bunga/imbalan efek lainnya, tanggal                   date, offering value, name of exchange where other securities are listed,
jatuh tempo efek lainnya, nilai penawaran efek lainnya, nama bursa dimana              or the securities rating.
efek lainnya dicatatkan, dan peringkat efek.




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       Management Discussion and Analysis                      Good Corporate Governance                       Sustainability Report                 Audited Financial Report




Lembaga dan Profesi Penunjang Pasar Modal
Capital Market Supporting Institutions and Professionals

Lembaga dan profesi penunjang pasar modal berikut ini turut mendukung                          The following capital market supporting institutions and professions support
Bank Raya dalam menjalankan aktivitas usaha yang terkait dengan industri                       Bank Raya in carrying out its business activities related to the Indonesian
pasar modal di Indonesia. Penjelasan lebih terkait Kantor Akuntan Publik                       capital market industry. Further information on the Public Accounting Firm
dijelaskan di Bab Tata Kelola Perusahaan yang Baik.                                            is presented in the Good Corporate Governance chapter.


 Lembaga dan Profesi Penunjang                                                                                                               Biaya               Periode
             Pasar Modal                             Nama & Alamat                                  Jenis dan Bentuk Jasa                     (Rp)              Penugasan
    Capital Market Supporting                        Name & Address                               Types and Forms of Services                 Fee               Assignment
   Institutions and Professionals                                                                                                             (Rp)                Period

 Lembaga Penunjang Pasar Modal
 Capital Market Supporting Institutions
 Biro Administrasi Efek              PT Datindo Entrycom                                   •      Registrasi RUPS                    Rp333.000.000                      2025
 Securities Administration Bureau    Jl. Hayam Wuruk No. 28                                •      Jasa Administrasi Saham Tahunan
                                     Jakarta 10220                                         •      Jasa Administrasi Pasar Sekunder
                                     T: +6221 350 8077 (hunting)
                                     F: +6221 350 8076                                     •      GMS Registration
                                     E: corporatesecretary@datindo.com                     •      Annual Share Administration
                                                                                                  Services
                                                                                           •      Secondary Market Administration
                                                                                                  Services
 Profesi Penunjang Pasar Modal
 Capital Market Supporting Professionals
 Kantor Akuntan Publik               KAP Purwanto Susanti dan Surja                        Audit umum atas Laporan Keuangan          Rp2.025.000.000                    2025
 Public Accounting Firm              Indonesia Stock Exchange Building Tower 2, 7th        Bank untuk tahun yang berakhir pada
                                     Floor                                                 tanggal 31 Desember 2025
                                     T: +62 21 5289 5000                                   General audit of the Bank's Financial
                                     F: +62 21 5289 4100                                   Statements for the year ended December
                                     www.ey.com/id                                         31, 2025
 Notaris                             M. Nova Faisal, S.H., M.Kn.                           Jasa Notaris                              Rp53.280.000                       2025
 Notary                              Cyber 2 Tower, Lt. 22F, Jl. HR Rasuna Said Blok X-5   Notarial Services
                                     No. 13, Jakarta Selatan T: +62 21 2902 1312
                                     F: +62 21 2902 1314




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Informasi pada Situs Web Perusahaan
Information on The Company Website




Bank Raya telah membuat dan mengelola website utama yakni https://     Bank Raya has created and manages its main website, https://bankraya.
bankraya.co.id/ berpedoman pada POJK No.8/POJK.04/2015 tentang         co.id/, in accordance with POJK No. 8/POJK.04/2015 on the websites of
website emiten atau perusahaan publik. Situs Bank Raya yang dibuat     issuers and public companies. Bank Raya's website, which is available in
dalam Bahasa Indonesia dan Bahasa Inggris tersebut merefleksikan       both Indonesian and English, reflects the Company's commitment to
komitmen Perusahaan terhadap implementasi Undang-Undang Nomor 8        implementing Law No. 8 of 1995 on the Capital Market and improving the
tahun 1995 tentang Pasar Modal serta meningkatkan pelaksanaan Tata     implementation of Good Corporate Governance, particularly for shareholders,
Kelola perusahaan yang baik (Good Corporate Governance) khususnya      customers, the public, the government, and other stakeholders.
kepada pemegang saham, nasabah, masyarakat, pemerintah, serta
pemangku kepentingan lainnya.

Sebagaimana yang diatur dalam Pasal 6 POJK No. 8/POJK.4/2015 tentang   As stated in Article 6 of POJK No. 8/POJK.4/2015 on the Website of Issuers
Situs Web Emiten atau Perusahaan Publik, Perusahaan telah menyajikan   or Public Companies, the Company has provided information on the website
informasi di website terkait dengan informasi sebagai berikut:         regarding the following information:
1. Informasi Umum Emiten atau Perusahaan Publik;                       1. General Information of the Issuer or Public Company;
2. Informasi bagi Pemodal atau Investor;                               2. Information for Investor;
3. Informasi Tata Kelola Perusahaan; dan                               3. Information on Corporate Governance; and
4. Informasi Tanggung Jawab Sosial Perusahaan.                         4. Information on Corporate Social Responsibility.




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       Management Discussion and Analysis              Good Corporate Governance             Sustainability Report                Audited Financial Report




Penjelasan lebih rinci terkait informasi yang dapat diperoleh para pemangku   A more detailed information is available to stakeholders on Bank Raya
kepentingan di website Bank Raya yang terdiri dari 5 (lima) header yakni      website, which consists of 5 (five) headers, namely Products, Promo, Info,
Produk, Promo, Info, Perusahaan, dan Bantuan diantaranya sebagai berikut      Company, and Help, is as follows:
•   Informasi umum dan identitas                                              •  General information and identity
•   Informasi pemegang saham sampai dengan pemilik akhir individu             •  Shareholder information up to the individual ultimate owner
•   Kode Etik                                                                 •  Code of Conduct
•   Informasi RUPS paling kurang meliputi bahwa mata acara yang               •  GMS information that at least includes the agenda discussed in the
    dibahas dalam RUPS, ringkasan risalah RUPS, dan informasi tanggal            GMS, summary of the GMS minutes, and important date information,
    penting yaitu tanggal pengumuman RUPS, tanggal pemanggilan                   namely the GMS announcement date, the GMS notice date, the date
    RUPS, tanggal RUPS, tanggal ringkasan risalah RUPS diumumkan                 of the GMS, the date the summary of the GMS minutes is announced.
•   Informasi Tata Kelola Perusahaan                                          •  Information on Corporate Governance
•   Informasi Tanggung Jawab Sosial dan Lingkungan Perusahaan                 •  Information on Corporate Social and Environmental Responsibility
•   Laporan Tahunan dan Keberlanjutan                                         •  Annual and Sustainability Report
•   Laporan Keuangan (Auditan, Interim) dan Laporan Keuangan Publikasi        •  Financial Statements (Audited, Interim) and Publication Financial
                                                                                 Statements
•   Informasi Keuangan Penting Lainnya dan Rasio Keuangan                     •  Other Key Financial Information and Financial Ratios
•   Profil Dewan Komisaris dan Direksi                                        •  Profiles of the Board of Commissioners and Board of Directors
•   Piagam/Charter Dewan Komisaris dan Direksi                                •  Charter of the Board of Commissioners and Board of Directors
•   Visi, Misi, Nilai dan Budaya                                              •  Vision, Mission, Values and Culture
•   Riwayat dan Struktur                                                      •  History and Structure
•   Keberlanjutan dan Tata Kelola Perusahaan                                  •  Sustainability and Corporate Governance




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                                           TINJAUAN
                                    PENDUKUNG BISNIS
                                     Overview of Business Support Units
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Management Discussion and Analysis   Good Corporate Governance         Sustainability Report                Audited Financial Report




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        Performance Highlights                  Management Report                    Company Profile                     Overview of Business Support Units




Sumber Daya Manusia
Human Capital

Bank Raya senantiasa melakukan pengembangan sumber daya manusia                Bank Raya consistently develops its human capital (HC) to support solid
(SDM) secara berkelanjutan dalam rangka mendukung pertumbuhan bisnis           business growth. Human Capital (HC) Division has actively participated in
yang solid. Divisi Human Capital (HC) telah berpartisipasi aktif dalam         supporting the Bank’s ongoing transformation process, which has been
mendukung proses transformasi Bank secara berkelanjutan yang dilakukan         underway since 2021, ensuring its smooth and optimal progress to date.
sejak tahun 2021 sehingga mampu berjalan baik dan optimal hingga saat
ini.



Program Strategis Divisi Human Capital Tahun 2025
Strategic Program of Human Capital Division in 2025

Dalam rangka menggerakkan transformasi Bank Raya, pengelolaan Sumber           To drive Bank Raya’s transformation, Human Capital (HC) management is
Daya Manusia (SDM) diarahkan melalui proses yang terstruktur dan               guided through a structured and sustainable process to achieve an optimal
berkelanjutan guna mencapai tingkat maturitas yang optimal. Saat ini,          level of maturity. Currently, Bank Raya’s Human Capital (HC) management
pengelolaan Human Capital (HC) Bank Raya berada pada level maturitas           is at Emerging maturity level, moving towards Developing. In line with its
Emerging menuju Developing. Sejalan dengan perannya sebagai bagian             role as part of BRI Group, Bank Raya aspires to improve HC management
dari BRI Group, Bank Raya mengaspirasikan peningkatan pengelolaan              towards Progressing maturity level, characterized by the strengthening of
HC menuju level maturitas Progressing, yang ditandai dengan penguatan          increasingly integrated systems, processes, and organizational capabilities.
sistem, proses, dan kapabilitas organisasi yang semakin terintegrasi.

Strategi Pengelolaan HC disusun untuk menjawab kebutuhan bisnis saat           HC Management Strategy is prepared to address current business needs
ini sekaligus mendukung keberlanjutan pertumbuhan di masa depan.               while supporting sustainable future growth. This approach focuses on
Pendekatan ini difokuskan pada penyelarasan strategi bisnis dengan             aligning business strategy with talent management, competencies, and
pengelolaan talenta, kompetensi, serta sistem SDM yang terintegrasi dan        integrated and adaptive HC system. In 2025, Bank Raya’s Human Capital
adaptif. Pada tahun 2025, Divisi Human Capital Bank Raya melaksanakan          Division implemented various strategic initiatives in Human Capital
berbagai inisiatif strategis dalam pengelolaan Human Capital, yaitu:           management, including:
1. Penyusunan Roadmap Human Capital 2025 - 2029;                               1. Preparing Human Capital Roadmap for 2025-2029;
2. Penyusunan career path dan job family untuk semua jabatan, termasuk         2. Preparing career paths and job family for all positions, including
     jabatan fungsional;                                                            functional positions;
3. Penyusunan competency framework yang terintegrasi;                          3. Preparing an integrated competency framework;
4. Konversi dan pemetaan Job Grade Bank Raya;                                  4. Converting and mapping Bank Raya’s Job Grade;
5. Optimalisasi program Onboarding bagi pekerja baru;                          5. Optimizing Onboarding program for new employees;
6. Pengembangan sistem penilaian kinerja individu (BRICORE online);            6. Developing individual performance assessment system (BRICORE online);
7. Pengembangan sistem informasi pada proses Talent Management                 7. Developing information systems for Talent Management (Competency
     (Gap Competency & Pool of Candidate), Performance Management                   Gap & Pool of Candidate), Performance Management (BRICORE),
     (BRICORE), Talent Development (TNA) dan melakukan integrasi sistem             and Talent Development (TNA) processes, and integrating these
     tersebut ke dalam Human Capital Information System;                            systems into Human Capital Information System;
8. Integrasi strategi Learning & Development (L&D) dengan BRI;                 8. Integrating Learning & Development (L&D) strategies with BRI;
9. Penyusunan dan/atau pembaharuan strategi total rewards (kajian              9. Preparing and/or updating total rewards strategy (reward review);
     pemberian reward);
10. Pelaksanaan manpower planning di Bank Raya (Divisi Human Capital);         10. Implementing manpower planning at Bank Raya (Human Capital Division);
11. Penyusunan & Persetujuan Perjanjian Kerja Bersama (PKB) sebagai            11. Preparing and approving Collective Labor Agreement (CLA) as the
     dasar Hubungan Industrial yang sehat;                                         basis for healthy Industrial Relations;
12. Penguatan fungsi human capital analytics sebagai dasar dalam               12. Strengthening human capital analytics function as the basis for
     evaluasi strategi HC;                                                         evaluating HC strategies;
13. Penyusunan career path untuk semua jabatan, termasuk jabatan               13. Preparing career paths for all positions, including functional positions
     fungsional (review kebijakan career path eksisting);                          (review of existing career path policies);
14. Peningkatan Komunikasi Human Capital dan Employer Branding;                14. Improving Human Capital Communication and Employer Branding;
15. Penguatan mekanisme serta pelaksanaan monitoring dan implementasi          15. Strengthening mechanisms and implementing monitoring and execution
     Culture Activation Program Corporate Culture, Digital dan Risk Culture.       of Culture Activation Program Corporate Culture, Digital and Risk
                                                                                   Culture.


Human Capital Roadmap 2025
Human Capital Roadmap 2025

Human Capital Roadmap menggambarkan perjalanan transformasi sumber             The Human Capital Roadmap outlines Bank Raya’s human capital (HC)
daya manusia (SDM) Bank Raya dari tahun 2024 hingga 2029. Tujuan               transformation journey from 2024 to 2029. Its primary objective is to improve
utamanya adalah untuk meningkatkan kualitas SDM dan kinerja bisnis             HC quality and overall business performance.
secara keseluruhan.




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   Roadmap                             instruments as
                                     a set of provisions
                                                                               Enabler as
                                                                              a supporting
                                                                                                                      Best Talent
                                                                                                                    Readiness from
   HCP 2025                              supporting
                                      implementation
                                                                                 factor                               Bank Raya



                                             2025                                  2027                                   2029




                         2024                                   2026                                 2028

                       Policy as a                          Integration of                    Strengthen HC
                       Foundation                            strategy and                   business processes
                                                                 policy                       for automation
                                                                                            and talent mobility

Penjelasan lengkap terkait Roadmap Divisi Human Capital Bank Raya             A complete explanation of Bank Raya’s Human Capital Division Roadmap
adalah sebagai berikut:                                                       is as follows:
a) Policy as a Foundation dengan fokus Memperkuat fondasi dengan              a) Policy as a Foundation, with a focus on strengthening the foundation
    mengintegrasikan kebijakan SDM ke dalam strategi bisnis perusahaan.             by integrating HC policies into the Company’s business strategy.
b) Instruments as a set of provisions supporting implementation               b) Instruments as a set of provisions supporting implementation.
c) Menyediakan alat dan sumber daya yang dibutuhkan untuk menjalankan         c) Provision of tools and resources needed to implement HC policies.
    kebijakan SDM.
d) Integration of strategy and policy fokus untuk mengintegrasikan strategi   d)   Integration of strategy and policy, with a focus on integrating HC
    dan kebijakan SDM secara lebih mendalam untuk mendukung proses                 strategies and policies more deeply to support more automated
    bisnis yang lebih otomatis dan mobilitas talenta.                              business processes and talent mobility.
e) Enabler as a supporting factor fokus untuk menyediakan dukungan            e)   Enabler as a supporting factor, with a focus on providing the support
    yang diperlukan untuk mencapai tujuan-tujuan yang telah ditetapkan.            needed to achieve the goals set.
f) Strengthen HC business processes for automation and talent mobility        f)   Strengthen HC business processes for automation and talent mobility,
    dengan fokus utama memastikan fungsi SDM siap mendukung                        with the main focus on ensuring that HC functions are ready to support
    otomatisasi proses bisnis dan mobilitas talenta yang semakin tinggi.           the increasingly high business process automation and talent mobility.
g) Best Talent Readiness from Bank Raya dengan fokus memastikan kesiapan      g)   Best Talent Readiness from Bank Raya, with a focus on ensuring the
    talenta terbaik untuk menghadapi tantangan bisnis di masa depan.               readiness of the best talent to face future business challenges.



Pengembangan Organisasi
Organizational Development

Berikut adalah penjelasan terkait perubahan Struktur Organisasi Divisi        The following is an explanation of the changes to Human Capital Division’s
Human Capital sebagaimana telah ditetapkan melalui SK Direksi No Kpts.        organizational structure, as stipulated in the Board of Directors’ Decision
B.453/Dir.01.02/CMG/12/2024:                                                  Letter No. Kpts. B.453/Dir.01.02/CMG/12/2024:
1. Perubahan Nomenklatur                                                      1. Changes to the Nomenclature
     Perubahan nomenklatur Direktorat yang membawahi Divisi Human                  Changes to the nomenclature of the Directorate overseeing Human
     Capital dari sebelumnya Direktorat Enterprise Risk Management,                Capital Division from formerly Directorate of Enterprise Risk Management,
     Compliance and Human Resource menjadi Direktorat Manajemen                    Compliance, and Human Resources to Directorate of Risk Management,
     Risiko, Kepatuhan dan Sumber Daya Manusia.                                    Compliance, and Human Resources.
2. Pembentukan Group Recruitment & Employee Branding                          2. Establishment of Group Recruitment & Employee Branding
     Sebelumnya fungsi rekrutmen berada di bawah Group Talent                      Previously, recruitment function was under Group Talent Management,
     Management yang mencakup seluruh kegiatan terkait pengelolaan                 which encompassed all activities related to Employee management,
     Pekerja, mulai dari rekrutmen hingga pengembangan Pekerja.                    from recruitment to Employee development. This separation of functions
     Diharapkan dengan pemisahan fungsi ini, Group Recruitment dapat               is expected to allow Group Recruitment to focus more on preparing
     lebih fokus pada penyusunan dan pelaksanaan strategi rekrutmen                and implementing effective recruitment strategies. Meanwhile, Group
     yang efektif. Sementara itu Group Talent Management dapat berfokus            Talent Management can focus on talent management governance,
     pada tata kelola manajemen talent yang meliputi proses attraction,            including attraction, identification, selection, development, and succession
     identification, selection, development dan succession.                        processes.

    Selain itu, terdapat pula penambahan fungsi employee branding yang             Furthermore, employee branding function is added as a step towards
    menjadi langkah untuk meningkatkan daya tarik Perusahaan. Employee             increasing the Company’s attractiveness. Employee Branding focuses




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     Branding berfokus pada menciptakan citra positif tentang Perusahaan,         on creating positive image of the Company, making it easier to attract
     sehingga lebih mudah menarik calon Pekerja terbaik yang sejalan              the best candidates who are in line with the Company’s vision and
     dengan visi dan misi Perusahaan.                                             mission.
3.   Pembentukan fungsi HC Analytics, Insight & Recommendation               3.   Establishment of HC Analytics, Insight & Recommendation function
     Penambahan fungsi ini pada Group HC Strategy & Policy sebagai                This function is added to Group HC Strategy & Policy as part of an
     bagian upaya memperkuat pengelolaan Human Capital di Bank Raya.              effort to strengthen Human Capital management at Bank Raya. This
     Fungsi ini berperan penting dalam menyediakan data dan analisis yang         function plays a crucial role in providing integrated data and analysis
     terintegrasi terkait berbagai aspek pengelolaan SDM Bank Raya.               related to various aspects of Bank Raya’s HC management.
4.   Refocusing Bagian/Group berdasarkan naturenya baik itu strategis        4.   Refocusing of Divisions/Groups based on their strategic and operational
     maupun operasional.                                                          nature.
     a. Terdapat perubahan pada Group Talent Management yang                      a. There was a change in Group Talent Management, previously
          sebelumnya berada di bawah Departemen HC Operation &                         under HC Operation & Service Department, moved under HC
          Service, dipindahkan ke bawah Departemen HC Strategy, Business               Strategy, Business Partner & Culture Department. This shift aims
          Partner & Culture. Pergeseran ini bertujuan untuk memastikan                 to ensure that talent management has a stronger strategic focus,
          bahwa talent management memiliki fokus strategis yang lebih                  particularly in planning and developing long-term talent
          kuat terutama dalam perencanaan, pengembangan dan kebijakan                  management policies in line with the Company’s needs.
          talent management jangka panjang yang sejalan dengan
          kebutuhan Perusahaan.
     b. Terdapat perubahan pada Group Raya Academy yang sebelumnya                b.   There was a change in Group Raya Academy, previously under
          berada di bawah Departemen HC Strategy, Business Partner &                   HC Strategy, Business Partner & Culture Department, moved under
          Culture dipindahkan ke bawah Departemen HC Operation &                       HC Operation & Service Department. This shift is made to adjust
          Service. Pergeseran dilakukan untuk menyesuaikan nature                      to the operational nature of Raya Academy function, which focuses
          operasional fungsi Raya Academy, yang lebih berfokus pada                    more on implementing training or education programs and direct
          pelaksanaan program pelatihan atau pendidikan dan                            Employee development.
          pengembangan Pekerja secara langsung.

5.   Berdasarkan Surat Keputusan No. Kpts.58 /Dir.01.02/CMG/03/2025          5.   Based on Decree No. Kpts.58/Dir.01.02/CMG/03/2025 concerning
     Tentang Struktur Organisasi Divisi Enterprise Risk Management                the Organizational Structure of the Enterprise Risk Management Division
     PT Bank Raya Indonesia Tanggal 25 Maret 2025 terdapat penambahan             of PT Bank Raya Indonesia dated March 25, 2025, the ICoFR function
     fungsi ICoFR pada Bagian Operasional Risk Management dengan                  was added to the Operational Risk Management Division with the
     tujuan dan tugas & tanggung jawab sebagai berikut:                           following objectives, duties, and responsibilities:

     Tujuan Pembentukan Fungsi ICoFR:                                             Purpose of Establishing the ICoFR Function:
     Sebagai pengawas dan pemantau independen atas risiko pelaporan               To act as an independent supervisor and monitor of financial reporting
     keuangan, terpisah dari fungsi operasional (1st Line) dan evaluasi           risks, separate from the operational function (1st Line) and independent
     independen (3rd Line), sehingga memastikan integritas dan keandalan          evaluation (3rd Line), thereby ensuring the integrity and reliability of
     laporan keuangan sesuai dengan ketentuan POJK No. 15 Tahun 2024              financial reports in accordance with POJK No. 15 of 2024 and GCG
     dan prinsip GCG.                                                             principles.

     Tugas & Tanggung Jawab :                                                     Duties & Responsibilities:
     Dalam Struktur Organisasi Bagian Operational Risk Management                 Within the Organizational Structure, the Operational Risk Management
     bertugas mengkoordinasikan dan melaksanakan penerapan                        Division is responsible for coordinating and implementing the
     Pengendalian Internal atas Laporan Keuangan (ICoFR) sehingga                 implementation of Internal Control over Financial Reporting (ICoFR)
     penyusunan laporan keuangan disusun secara andal, patuh terhadap             to ensure the preparation of financial reports reliably, in compliance
     standar akuntansi, serta efektivitas kontrol internal dalam mendukung        with accounting standards, and ensuring the effectiveness of internal
     transparansi dan akuntabilitas Bank.                                         controls in supporting the Bank's transparency and accountability.

6.   Berdasarkan Surat Keputusan No. Kpts.B.162 /Dir.01.02/CMG/09/2025       6.   Based on Decree No. Kpts.B.162 /Dir.01.02/CMG/09/2025 concerning
     Tentang Struktur Organisasi Divisi Finance Asset Management PT Bank          the Organizational Structure of the Finance Asset Management Division
     Raya Indonesia Tanggal 11 September 2025 terdapat penambahan                 of PT Bank Raya Indonesia dated September 11, 2025, the Estimator,
     Bagian Estimator, Vendor Management, & Payment dengan tujuan                 Vendor Management, & Payment Division was added with the following
     dan tugas & tanggung jawab sebagai berikut:                                  objectives, duties, and responsibilities:

     Tujuan Pembentukan Bagian Estimator, Vendor Management, &                    Purpose of Establishing the Estimator, Vendor Management, & Payment
     Payment:                                                                     Division:
     a. Untuk mendukung proses pengadaan yang lebih independen,                   a. To support a more independent procurement process, an Estimator
         akan dibentuk fungsi Estimator yang bertugas menyusun HPS                     function will be established, tasked with preparing the HPS (Own
         (Harga Perkiraan Sendiri) secara terpisah dari tim pengadaan.                 Estimated Price) separately from the procurement team.
     b. Untuk meminimalisir benturan kepentingan dalam proses                     b. To minimize conflicts of interest in the procurement process, the
         pengadaan, fungsi Manajemen Vendor akan dialihkan dari bagian                 Vendor Management function will be transferred from the
         yang bertanggung jawab melakukan fungsi pengadaan barang                      department responsible for procuring goods and services to a
         dan jasa ke bagian terpisah                                                   separate department.
     c. Untuk menjaga akuntabilitas dan penerapan segregasi fungsi                c. To maintain accountability and implement proper segregation
         yang baik                                                                     of functions

     Tugas & Tanggung Jawab :                                                     Duties & Responsibilities:
     a. Mengkoordinasikan dan melaksanakan penyusunan estimasi                    a. Coordinate and implement the preparation of accurate and
         Harga Perkiraan Sendiri (HPS) secara akurat dan dapat                         accountable Own Estimated Price (HPS) estimates, thus providing
         dipertanggungjawabkan sehingga menjadi dasar yang andal                       a reliable basis for planning and implementing the procurement
         dalam perencanaan dan pelaksanaan proses pengadaan                            process.




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    b.    Mengkoordinasikan dan melaksanakan evaluasi terhadap calon                       b.     Coordinate and implement evaluations of prospective and existing
          maupun vendor existing untuk pre dan pasca proses pengadaan,                            vendors for pre- and post-procurement processes, as well as
          serta melakukan pengelolaan dokumen dan pembaruan daftar                                document management and vendor list updates to support smooth
          vendor sehingga mendukung kelancaran proses pengadaan dan                               procurement processes and decision-making.
          pengambilan keputusan.
    c.    Mengkoordinasikan dan melaksanakan pengelolaan pembayaran                        c.     Coordinate and implement payment management to third parties
          kepada pihak ketiga secara tepat waktu dan sesuai ketentuan                             in a timely manner and in accordance with regulations, thereby
          sehingga mendukung kelancaran proses pengadaan dan                                      supporting smooth procurement processes and financial
          akuntabilitas keuangan.                                                                 accountability.



Rekrutmen Karyawan Baru dan Mekanisme Resourcing & Acquisition Tahun 2025
New Employee Recruitment and Resourcing and Acquisition Mechanisms in 2025

Bank Raya melakukan rekrutmen melalui Innovative and Creative Talent                  Bank Raya conducts recruitment through a sustainable Innovative and
Attraction yang berkelanjutan dengan memperhatikan adanya talent war                  Creative Talent Attraction program, with due observance of the ongoing
yang terjadi, sehingga dapat memenangkan persaingan dalam mendapatkan                 talent war, to win the competition to attract the best and the right talent.
the best & the right talent. Hal ini menuntut Divisi HC agar mampu melakukan          This matter requires HC Division to be able to recruit and select the candidates
rekrutmen dan seleksi calon Pekerja dengan cara-cara yang kreatif dan                 creatively and utilize various channels. Bank Raya obtains the best and the
menggunakan berbagai channel. Bank Raya dalam mendapatkan the                         right talent from external sources through joint recruitment mechanisms
best and the right talent berasal dari sumber eksternal melalui mekanisme             with BRI Group, Job Posting, Internship, Campus Hiring, Headhunter, and
rekrutmen bersama BRI Group, Job Posting, Internship, Campus Hiring,                  other external sources.
Headhunter, dan lain-lain untuk sumber eksternal.


                                                                               2025

                                                    Generasi                                               Pendidikan                                Jabatan
                                                   Generation                                              Education                                 Position
    Jenis Kelamin
       Gender                                                                                   D3 ke Bawah         D4 ke Atas      Staff ke Bawah      Supervisor ke Atas
                       Babyboomers         Gen X                Gen Y          Gen Z            Diploma 3 and     Diploma 4 and        Staff and          Supervisor and
                                                                                                    Below             Above              Below               Above

 Pria                        -                45                357            140                   37                 504               405                   136
 Male
 Wanita                      -                34                192            174                   33                 368               324                   77
 Female
 Jumlah                      -                79                549            314                   70                 872               729                   213
 Total




Pelatihan dan Pengembangan Human Capital
Human Capital Training and Development

Fokus Pelatihan dan Pengembangan diantaranya menyusun kebijakan                       The focus of training and development includes preparing educational
dan strategi pendidikan, menyusun arsitektur pendidikan, merancang dan                policies and strategies, preparing educational architecture, and designing
menyusun kegiatan pendidikan berlandaskan pada prinsip-prinsip dibawah                and preparing educational activities based on the following principles:
ini:
1. Comply to Regulatory                                                               1.   Comply to Regulatory
     Penetapan konsep pendidikan dan pelatihan sesuai dengan ketentuan                     Education and training concepts are established in accordance with
     yang berlaku yang ditetapkan oleh regulator, yang memuat                              applicable regulations set by regulators, which include competency
     pengembangan kompetensi yang memuat kemampuan teknis dan                              development encompassing technical and non-technical skills.
     kemampuan non teknis.
2. Business Alignment                                                                 2.   Business Alignment
     Setiap kegiatan pendidikan harus selaras dengan strategi dan tujuan                   Every educational activity must be in line with the Company’s strategy
     perusahaan.                                                                           and objectives.
3. Inclusive                                                                          3.   Inclusive
     Pendidikan melibatkan seluruh pekerja Bank Raya secara aktif sesuai                   Education actively involves all Bank Raya employees according to
     dengan peran dan tanggung jawabnya masing-masing.                                     their respective roles and responsibilities.
4. Progressive                                                                        4.   Progressive
     Pendidikan berlandaskan pada best practice pendidikan, perkembangan                   Education is based on educational best practices and technology
     teknologi, dan dilakukan secara berkesinambungan (continuous).                        developments and is conducted continuously.

Dalam pelaksanaannya menggunakan Learning Model 10:20:70. 10%                         The training uses 10:20:70 Learning Model in its implementation. The 10%
merupakan pembelajaran secara langsung online dan offline (in-class                   is direct online and offline learning (in-class training), 20% is social learning
training), 20% merupakan social learning atau peer-to-peer learning, dan              or peer-to-peer learning, and 70% is on-the-job training or direct practice.
70% merupakan on the job training atau praktik langsung. Adapun realisasi             The actual implementation and budget for Human Capital education and
pelaksanaan dan anggaran pendidikan dan pelatihan Human Capital                       training in 2025 are as follows:
Tahun 2025 adalah sebagai berikut:




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Realisasi Pelatihan dan Pengembangan Human Capital                                      Realization of Human Capital Training and Development

                                                                                                                                                            Jumlah
                                          Nama Pelatihan                                                 Penyelenggara        Waktu Pelaksanaan             Peserta
 No
                                          Training Name                                                    Organizer                Time                  Number of
                                                                                                                                                          Participants

 1    E-Learning Pedoman Ahli Waris                                                               Bank Raya              08-31 Januari 2025                   298
      E-Learning on Heir Guidelines                                                                                      January 8-31, 2025
 2    E-Learning Pedoman Pelaksanaan Perjalanan Dinas                                             Bank Raya              08-31 Januari 2025                   306
      E-Learning on Guidelines for Implementing Official Travel                                                          January 8-31, 2025
 3    Pembekalan Fit & Proper Test Komisaris                                                      Infobank               9 Januari 2025                         1
      Fit & Proper Test Briefing for the Board of Commissioners                                                          January 9, 2025
 4    Pembekalan Refreshment, Resertifikasi & Sertifikasi Manajemen Risiko Jenjang 4 dan 5        LPPI                   Batch I : 7-8 Januari 2025             6
                                                                                                                         Batch II : 8-9 Januari 2025
                                                                                                                         Batch III : 14-15 Januari 2025

      Refreshment, Recertification, and Certification Briefing for Risk Management Level 4 and                           Batch I: January 7-8, 2025
      5                                                                                                                  Batch II: January 8-9, 2025
                                                                                                                         Batch III: January 14-15, 2025
 5    Pembekalan SK SP (SPPUR) Jenjang 6                                                          LPPI                   17 Januari - 7 Februari 2025           2
      Briefing of SK SP (SPPUR) Level 6                                                                                  January 17 - February 7, 2025
 6    Sosialisasi Pelatihan APU, PPT dan PPPSPM Tahun 2025                                        Bank Raya              10 Januari 2025                       98
      Training Dissemination for AML, CTF, and CPF in 2025                                                               January 10, 2025
 7    Certified Anti Fraud Manager (CAFM)                                                         AAFM                   25-26 Februari 2025                    1
                                                                                                                         February 25-26, 2025
 8    E-Learning Environmental, Social, dan Governance (ESG)                                      Bank Raya              3-28 Februari 2025                   245
      E-Learning on Environmental, Social, and Governance (ESG)                                                          February 3-28, 2025
 9    E-Learning Pedoman Pelaksanaan Pinang Flexi Extra                                           Bank Raya              1-28 Februari 2025                   310
      E-Learning on Guidelines for Implementing Pinang Flexi Extra                                                       February 1-28, 2025
 10   Fraud Banking Workshop                                                                      Infobank Institute     20-21 Februari 2025                    2
                                                                                                                         February 20-21, 2025
 11   In House Training Cash Management System (CMS)                                              Bank Raya              24 Februari 2025                      63
                                                                                                                         February 24, 2025
 12   Kegiatan Refreshment, Evaluasi Penyusunan Estimasi Kebutuhan Uang (EKU) dan Capacity        Bank Indonesia         14-15 Februari 2025                    1
      Building Perbankan di Sulawesi Selatan Tahun 2025                                                                  February 14-15, 2025
      Refreshment Activities, Evaluation of Cash Requirements Estimation (EKU) Preparation,
      and Banking Capacity Building in South Sulawesi in 2025
 13   Pelatihan Internal Control Over Financial Reporting (ICOFR) Tahun 2025                      CRMS Indonesia         27-28 Februari 2025                    1
      Training on Internal Control Over Financial Reporting (ICOFR) in 2025                                              February 27-28, 2025
 14   Seminar Cadangan Kerugian Penurunan Nilai (CKPN) Bank Raya                                  BRI                    25-26 Februari 2025                   38
      Seminar on Bank Raya’s Allowance for Impairment Losses (CKPN)                                                      February 25-26, 2025
 15   Seminar Indonesia 11th Indonesia HR Director Summit “Building Employee Resilience for       Intipesan Learning     20 Februari 2025                       2
      Business Sustainability: Challenges & Opportunities”                                        Center                 February 20, 2025
 16   Seminar Perlindungan Data Pribadi                                                           Bank Raya              6 Februari 2025                      242
      Seminar on Personal Data Protection                                                                                February 6, 2025
 17   Sharing Session Value at Risk                                                               Learning Resource      7 Februari 2025                        2
                                                                                                                         February 7, 2025
 18   Sosialisasi Penggunaan Aplikasi PSIAP (Coretax)                                             Bank Raya              7 Februari 2025                       45
      Dissemination on the Use of PSIAP (Coretax) Application                                                            February 7, 2025
 19   Training Dasar-dasar Kebijakan Kredit Perbankan                                             PT Media Edutama       27-28 Februari 2025                    1
      Training on Basic Banking Loan Policy                                                       Indonesia              February 27-28, 2025
 20   Training Penyusunan Kebijakan Kredit Perbankan                                              PT Media Edutama       27-28 Februari 2025                    1
      Training on Banking Loan Policy Preparation                                                 Indonesia              February 27-28, 2025
 21   Training Relationship Manager (RM) Maksima dan Petugas Administrasi Kredit (ADK)            Bank Raya              Batch I : 12-14 Februari 2025         31
      Selindo Tahun 2025 (Batch I-II)                                                                                    Batch II : 19-21 Februari 2025
      Training for Relationship Manager (RM) Maksima and Selindo Credit Administration Officer                           Batch I: February 12-14, 2025
      (ADK) in 2025 (Batch I-II)                                                                                         Batch II: February 19-21, 2025
 22   Undangan Kegiatan Capacity Building terkait Kebijakan Sistem Pembayaran Bank                Bank Indonesia         20-22 Februari 2025                    1
      Indonesia Tahun 2025                                                                                               February 20-22, 2025
      Invitation to Capacity Building Activity related to Bank Indonesia Payment System Policy
      in 2025
 23   Workshop Value Chain & Transaction Banking                                                  Bank Raya              5 Februari 2025                       66
                                                                                                                         February 5, 2025
 24   BSDP 0 Lateral Joiner Batch 1 Tahun 2025                                                    BRI Corpu              12-14 Maret 2025                       2
      BSDP 0 Lateral Joiner Batch 1 in 2025                                                                              March 12-14, 2025
 25   E-Learning Pelindungan Data Pribadi (PDP)                                                   Bank Raya              10 s.d 31 Maret 2025                 321
      E-Learning on Personal Data Protection (PDP)                                                                       March 10 to 31, 2025
 26   Training Python for Data Science                                                            Haktiv8                17 Maret-21 Mei 2025                   1
                                                                                                                         March 17-May 21, 2025
 27   E-Learning APU, PPT dan PPPSPM                                                              Bank Raya              14-30 April 2025                     531
      E-Learning on AML, CTF, and CPF                                                                                    April 14-30, 2025
 28   Keikutsertaan Special Talkshow Women’s Leadership: Cultivating Future Leaders and           LPPI                   28 April 2025                          2
      Inspiring Risk Culture                                                                                             April 28, 2025
      Participation in Special Talkshow of Women’s Leadership: Cultivating Future Leaders and
      Inspiring Risk Culture




156 PT Bank Raya Indonesia Tbk
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     Analisis dan Pembahasan Manajemen                     Tata Kelola Perusahaan                     Laporan Keberlanjutan                      Laporan Keuangan Audit
     Management Discussion and Analysis                    Good Corporate Governance                  Sustainability Report                      Audited Financial Report




                                                                                                                                                                   Jumlah
                                          Nama Pelatihan                                           Penyelenggara                Waktu Pelaksanaan                  Peserta
No
                                          Training Name                                              Organizer                        Time                       Number of
                                                                                                                                                                 Participants
29   Pengarahan BRILiaN Next Leader Program (BNLP) Batch 2 Bank Raya                         Bank Raya                     21 April 2025                              12
     Briefing for BRILiaN Next Leader Program (BNLP) Batch 2 Bank Raya                                                     April 21, 2025
30   Sertifikasi Treasury Jenjang 5 (Basic)                                                  APUVINDO & ACI FMA            Pembekalan : 19-20 April 2025               1
     Certification of Treasury Level 5 (Basic)                                                                             Ujian : 24 Mei 2025
                                                                                                                           Briefing: April 19-20, 2025
                                                                                                                           Exam: May 24, 2025
31   ASWIFTINDO Member Gathering (AMG) Tahun 2025                                            Asosiasi SWIFT Indonesia      23 Mei 2025                                 1
     ASWIFTINDO Member Gathering (AMG) in 2025                                               Indonesia SWIFT Association   May 23, 2025
32   E-Learning Petunjuk Pelaksanaan Segmentasi Dana Korporasi dan Ritel                     Bank Raya                     07-31 Mei 2025                            576
     E-Learning on Guidelines for Corporate and Retail Fund Segmentation                                                   May 7-31, 2025
33   E-Learning Standar Operasional Prosedur (SOP) Manajemen Insiden (MI)                    Bank Raya                     07-31 Mei 2025                            575
     E-Learning on Standard Operating Procedures (SOPs) for Incident Management (MI)                                       May 7-31, 2025
34   Leadership by Design Tahun 2025                                                         BRIdge & Bank Raya            23-24 Mei 2025                             27
     Leadership by Design in 2025                                                                                          May 23-24, 2025
35   Orientasi BRILiaN Future Leader Program (BFLP) General dan IT Batch 8 (Wave A)          Bank Raya                     22 s.d 27 Mei 2025                          5
     Orientation for BRILiaN Future Leader Program (BFLP) General and IT Batch 8 (Wave A)                                  May 22 to 27, 2025
36   Seminar Refresher Program Sertifikat Manajemen Risiko Jenjang 6 & 7                     BARa                          23 Mei 2025                                 2
     Refresher Seminar on Risk Management Certificate Program Level 6 & 7                                                  May 23, 2025
37   Training ESQ “The Amazing You 5”                                                        Universitas Ary Ginanjar      24 Mei 2025                                 2
                                                                                             (UAG)                         May 24, 2025
38   Training Strategic Communication Crisis and Media Handling                              Kompas Institute              22 Mei 2025                                 1
                                                                                                                           May 22, 2025
39   Undangan Capacity Building dan Evaluasi Kegiatan Setoran dan Penarikan Perbankan        Bank Indonesia                29 s.d 31 Mei 2025                          1
     Se-Jabar Tahun 2025

     Invitation to Capacity Building and Evaluation on Banking Deposits and Withdrawals                                    May 29 to 31, 2025
     Activities in West Java in 2025
40   Undangan Program Chief Risk Officer (CRO) School tahun 2025                             Kementerian BUMN              02 Mei s.d 16 Juli 2025                     1
     Invitation to Chief Risk Officer (CRO) School Program in 2025                           Ministry of SOEs              May 2 to July 16, 2025
41   Webinar Forum Human Capital Indonesia (FHCI) : Pengelolaan Hubungan Industrial (PHI)    Forum Human Capital           09 Mei 2025                                 2
     Forum Human Capital Indonesia (FHCI) Webinar: Industrial Relations Management (PHI)     Indonesia (FHCI)              May 9, 2025
42   E-Learning Business Continuity Management (BCM)                                         Bank Raya                     13-30 Juni 2025                           432
     E-Learning on Business Continuity Management (BCM)                                                                    June 13-30 2025
43   E-Learning Whistleblowing System (WBS)                                                  Bank Raya                     04-30 Juni 2025                           436
     E-Learning on Whistleblowing System (WBS)                                                                             June 4-30, 2025
44   In House Training Penyelenggaran Produk, Aktivitas, dan Kerja Sama Sistem Pembayaran    BRI                           24 Juni 2025                                8
     Bank Indonesia

     In-House Training on Implementation of Bank Indonesia Payment System Products,                                        June 24, 2025
     Activities, and Cooperation
45   Keikutsertaan Training & Certified TOGAF Enterprise Architecture                        ATD Learning                  02 s.d 05 Juni 2025                         2
     Training Participation & Certified TOGAF Enterprise Architecture                                                      June 2 to 5, 2025
46   Pelaksanaan Pendidikan Branch Risk Officer (BRO)                                        Bank Raya                     03 s.d 04 Juni 2025                         9
     Branch Risk Officer (BRO) Education Implementation                                                                    June 3 to 4, 2025
47   Pelaksanaan Training Refreshment Agent Sapa Raya Omnichannel                            Bank Raya & Telexindo         Batch I (Senin s.d Selasa, 30 Juni          7
                                                                                                                           s.d 01 Juli 2025)
                                                                                                                           Batch II (Rabu s.d Kamis, 02 s.d
                                                                                                                           03 Juli 2025)
                                                                                                                           Batch III (Kamis s.d Jumat, 10 s.d
                                                                                                                           11 Juli 2025)
     Refreshement Training for Sapa Raya Omnichannel Agents
                                                                                                                           Batch I (Monday to Tuesday, June
                                                                                                                           30 to July 1, 2025)
                                                                                                                           Batch II (Wednesday to Thursday,
                                                                                                                           July 2-3, 2025)
                                                                                                                           Batch III (Thursday to Friday, July
                                                                                                                           10-11, 2025)
48   Pelatihan dan Sertifikasi Konsultan Hukum Perpajakan                                    Justitia Training Center      18 s.d 22 Juni 2025                         2
     Training and Certification on Tax Legal Consultant                                                                    June 18-22, 2025
49   Pelatihan Konsep & Update Implementasi Coretax atas WHT (PPH Pasal 21/23/26), PPN       Satu Kelas                    23 - 24 Juni 2025                           2
     dan PPH Final

     Training on Coretax Concept & Update for WHT (PPH Article 21/23/26), VAT, and Final                                   June 23 - 24, 2025
     Income Tax
50   RAYA LEAP: Leadership Acceleration Program 2025                                         VIS Consulting                Juni-September 2025                        17
                                                                                                                           June-September 2025
51   Training Digital Marketing                                                              Purwadhika                    19-20 Juni 2025                            10
     Training on Digital Marketing                                                                                         June 19-20, 2025
52   Undangan Pertemuan Tahunan Kantor Pengelola Daftar Hitam Nasional (KPDHN) Tahun 2025    Bank Indonesia                20 Juni 2025                                1
     Annual Meeting Invitation of the National Blacklist Management Office (KPDHN) in 2025                                 June 20, 2025
53   E-Learning Pedoman Pelaksanaan Penerapan Fungsi Kepatuhan                               Bank Raya                     22-31 Juli 2025                           470
     E-Learning on Guidelines for Implementing Compliance Function                                                         July 22-31, 2025
54   E-Learning Pedoman Pelaksanaan Pinang Dana Talangan                                     Bank Raya                     14-31 Juli 2025                           706
     E-Learning on Guidelines for Implementing Loan Bailout Fund                                                           July 14-31, 2025




                                                                                             Laporan Tahunan & Laporan Keberlanjutan
                                                                                                           Annual Report & Sustainability Report       2025 157
Page 158
      Ikhtisar Kinerja                                Laporan Manajemen                          Profil Perusahaan                        Tinjauan Pendukung Bisnis
      Performance Highlights                          Management Report                          Company Profile                          Overview of Business Support Units




                                                                                                                                                                        Jumlah
                                           Nama Pelatihan                                                Penyelenggara               Waktu Pelaksanaan                  Peserta
 No
                                           Training Name                                                   Organizer                       Time                       Number of
                                                                                                                                                                      Participants
55    E-Learning Standar Operasional Prosedur (SOP) Saku Bisnis                                   Bank Raya                     14-31 Juli 2025                           688
      E-Learning on Standard Operating Procedures (SOPs) for Saku Bisnis                                                        July 14-31, 2025
56    Inaugurasi & Training Culture Ranger 2025                                                   Bank Raya                     1 Juli 2025                               117
      Inauguration & Training of Culture Ranger in 2025                                                                         July 1, 2025
57    Onboarding RM Development Program                                                           Bank Raya                     Batch I : 16 - 18 Juli 2025                50
                                                                                                                                Batch II : 6-8 Oktober 2025

                                                                                                                                Batch I: July 16-18, 2025
                                                                                                                                Batch II: October 6-8, 2025
58    Orientasi BRILiaN Next Leader Program (BNLP) General dan IT Batch 2                         Bank Raya                     07 s.d 10 Juli 2025                        13
      Orientation for BRILiaN Next Leader Program (BNLP) General and IT Batch 2                                                 July 7 to 10, 2025
59    Pelatihan Analisis Efek Utama dan Certified Securities Analyst (CSA)                        CSA Institute                 05 Juli s.d 30 Agustus 2025                 1
      Training on Primary Securities Analysis and Certified Securities Analyst (CSA)                                            July 5-August 30, 2025
60    Pembekalan dan Sertifikasi Manajemen Risiko Jenjang Kompetensi 4 Skema LSPP Batch           BRI Corpu                     Pembekalan : 02 Juli 2025                   2
      2 Tahun 2025                                                                                                              Help Session : 04 Juli 2025
                                                                                                                                Ujian : 05 Juli 2025

      Training and Certification for Risk Management Competency Level 4 of LSPP Scheme                                          Briefing: July 2, 2025
      Batch 2 in 2025                                                                                                           Help Session: July 4, 2025
                                                                                                                                Exam: July 5, 2025
61    Pembekalan dan Ujian Sertifikasi Manajemen RIsiko Jenjang 4 Bagi Relationship Manager       LPPI & LSPP                   Pembekalan : 08 s.d 09 Juli 2025           12
      (RM)                                                                                                                      Ujian Online : 11 Juli 2025
                                                                                                                                Ujian Offline : 18 Juli 2025

      Training and Certification Exam for Risk Management Level 4 for Relationship Managers                                     Briefing: July 8-9, 2025
      (RM)                                                                                                                      Online Exam: July 11, 2025
                                                                                                                                Offline Exam: July 18, 2025
62    Perundingan PKB Bank Raya 2025                                                              Bank Raya                     4 Juli 2025                                18
      Bank Raya’s CLA Negotiations in 2025                                                                                      July 4, 2025
63    Program Mandatory Refreshment Sertifikasi Manajemen Risiko Jenjang 7 Bagi Komisaris         LPPI                          29 Juli 2025                                1
      Bank Raya

      Mandatory Refreshment Program for Risk Management Certification Level 7 for the Board of                                  July 29, 2025
      Commissioners of Bank Raya
64    Recognition Current Competency (RCC) - Perpanjangan Sertifikat Kompetensi LSP Auditor       LSPAI                         23 Juli 2025                                1
      Internal
                                                                                                                                July 23 2025
      Recognition Current Competency (RCC) - Extension of LSP Internal Auditor Competency
      Certificate
65    Sertifikasi Auditor untuk Pekerja Internal Audit (IAU) Bank Raya                            LSP BRI                       Pre-Assesment Sertifikasi : 15 Juli         8
                                                                                                                                2025
                                                                                                                                Ujian Sertifikasi : 17-18 Juli 2025

      Auditor Certification for Internal Audit Employees (IAU) of Bank Raya                                                     Certification Pre-Assessment: July
                                                                                                                                15, 2025
                                                                                                                                Certification Exam: July 17-18,
                                                                                                                                2025
66    Sosialisasi Internal Control over Financial Reporting (ICoFR)                               Bank Raya                     22 - 23 Juli 2025                          23
      Dissemination on Internal Control over Financial Reporting (ICoFR)                                                        July 22-23, 2025
67    Training Asset & Risk Management                                                            Eltasa Prima Konsulta         10 s.d 11 Juli 2025                         4
      Training on Asset & Risk Management                                                                                       July 10 to 11, 2025
68    Training Implementasi Teknologi Biometric Identification dalam Keamanan Perbankan           Lembaga           Pusat       10 s.d 11 Juli 2025                         2
                                                                                                  Pengembangan Kajian
                                                                                                  Indonesia (LP2KI)

      Training on Biometric Identification Technology Implementation in Banking Security          Indonesian Center for Study   July 10 to 11, 2025
                                                                                                  Development (LP2KI)
69    Workshop Forka 2025                                                                         Bank Raya                     18 Juli 2025                               18
                                                                                                                                July 18, 2025
70    Certified Human Resources Professional (CHRP)                                               Unika Atmajaya                31 Agustus s.d 06 Desember 2025             2
                                                                                                                                August 31 to December 6, 2025
71    Certified Procurement Officer (CPoF)                                                        PPM Manajemen                 11 s.d 29 Agustus 2025                      5
                                                                                                                                August 11 to 29, 2025
72    E-Learning Data Security                                                                    Bank Raya                     11-31 Agustus 2025                        608
      E-Learning on Data Security                                                                                               August 11-31, 2025
73    E-Learning Pedoman Pelaksanaan Pinang Flexi                                                 Bank Raya                     5-31 Agustus 2025                         461
      E-Learning on Guidelines for Implementing Pinang Flexi                                                                    August 5-31, 2025
74    E-Learning Pemberkasan Dokumentasi Kredit                                                   Bank Raya                     14-31 Agustus 2025                        393
      E-Learning on Credit Documentation Filing                                                                                 August 14-31, 2025
75    E-Learning Prinsip Pelindungan Konsumen                                                     Bank Raya                     19-31 Agustus 2025                        428
      E-Learning on Consumer Protection Principles                                                                              August 19-31, 2025
76    Pelaksanaan Refreshment Training Branch Operation 1 Selindo Tahun 2025                      Bank Raya                     13 s.d 15 Agustus 2025                     27
      Refreshment Training on Selindo Branch Operation 1 in 2025                                                                August 13 to 15, 2025
77    Pelaksanaan Refreshment Training Branch Operation 2 Selindo Tahun 2025                      Bank Raya                     20 s.d 22 Agustus 2025                     26
      Refreshment Training on Selindo Branch Operation 2 in 2025                                                                August 20 to 22, 2025




158 PT Bank Raya Indonesia Tbk
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      Analisis dan Pembahasan Manajemen                       Tata Kelola Perusahaan                          Laporan Keberlanjutan                   Laporan Keuangan Audit
      Management Discussion and Analysis                      Good Corporate Governance                       Sustainability Report                   Audited Financial Report




                                                                                                                                                                     Jumlah
                                          Nama Pelatihan                                                   Penyelenggara                Waktu Pelaksanaan            Peserta
No
                                          Training Name                                                      Organizer                        Time                 Number of
                                                                                                                                                                   Participants
78    Pelatihan Manajemen Keprotokolan dan Aktivitas Seremoni Lembaga/Perusahaan                                                   12 - 13 Agustus 2025                  1
      Training on Protocol Management and Institutional/Company Ceremonial Activities                                              August 12-13, 2025
79    Program Mandatory Refreshment Sertifikasi Manajemen Risiko Jenjang 7 Bagi Direksi             BARa                           28 Agustus 2025                       2
      Bank Raya

      Mandatory Refreshment Program for Risk Management Certification Level 7 for the Board                                        August 28, 2025
      of Directors of Bank Raya
80    Seminar “Bersama Memberantas Praktik Judi Online Demi Terwujudnya Indonesia yang              FKDKP                          29 Agustus 2025                       2
      Lebih Baik”
      Seminar on “Working Together to Eradicate Online Gambling Practices for a Better Indonesia”                                  August 29, 2025
81    Sosialisasi terkait Penghentian Sementara Transaksi Rekening Dormant atas Permintaan          Bank Raya                      5 Agustus 2025                      145
      PPATK

      Dissemination on Temporary Suspension of Dormant Account Transactions at the Request                                         August 5 2025
      of INTRAC
82    The Institute of Internal Audit Indonesia (IIA Indonesia) National Conference “Strategic      IIA Indonesia                  27 s.d 28 Agustus 2025                1
      Audit for Tomorrow: Strategic, Future-Ready, and Sustainable”                                                                August 27 to 28, 2025
83    Training Certified Data Management Professionals (CDMP)                                       Sharing Vision                 12 s.d 15 Agustus 2025                1
      Training on Certified Data Management Professionals (CDMP)                                                                   August 12 to 15, 2025
84    Training Penyusunan Analisa dan Proyeksi Makroekonomi                                         LPEM – FEB UI                  26 s.d 28 Agustus 2025               14
      Training on Macroeconomic Analysis and Projection Preparation                                                                August 26 to 28, 2025
85    Certified Chartered Accountant (CA)                                                           #N/A                           14 Agustus 2025                       2
                                                                                                                                   August 14, 2025
86    Cyber Risk Management Fundamentals                                                            CRMS Indonesia                 25 s.d 26 September 2025              1
                                                                                                                                   September 25 to 26, 2025
87    Data Protection & Privacy Essentials                                                          CRMS Indonesia                 29 s.d 30 September 2025              1
                                                                                                                                   September 29 to 30, 2025
88    E-Learning Kebijakan Umum Layanan Digital                                                     Bank Raya                      3-30 September 2025                 123
      E-Learning on General Policy on Digital Services                                                                             September 3-30, 2025
89    E-Learning Pedoman Pelaksanaan Pinang Maksima                                                 Bank Raya                      15-30 September 2025                357
      E-Learning on Guidelines for Implementing Pinang Maksima                                                                     September 15-30, 2025
90    E-Learning Pencegahan Judi Online                                                             Bank Raya                      09-30 September 205                 343
      E-Learning on Online Gambling Prevention                                                                                     September 9-30, 2025
91    E-Learning Record of Processing Activities (RoPA)                                             Bank Raya                      17-30 September 2025                287
      E-Learning on Record of Processing Activities (RoPA)                                                                         September 17-30, 2025
92    Raya Insight Fest - Driving Growth Through Product Innovation                                 Bank Raya                      23 September 2025                   193
                                                                                                                                   September 23, 2025
93    Training SWIFT ISO 20022                                                                      ASWIFTINDO                     13 September 2025                    16
      Training on SWIFT ISO 20022                                                                                                  September 13, 2025
94    Undangan Forum Komunikasi (Forkom) Kliring Tahun 2025 Jawa Timur                              Bank Indonesia                 26 s.d 28 September 2025              2
      Invitation to Clearing Communication Forum (Forkom) for East Java in 2025                                                    September 26 to 28, 2025
95    Undangan Sosialisasi Sistem Informasi Layanan Kas (BISILK) Gen Tahun 2025 Wilayah             Bank Indonesia                 26 s.d 28 September 2025              1
      Provinsi Sumatera Utara

      Invitation to Dissemination of the 2025 Generation of Cash Services Information System                                       September 26 to 28, 2025
      (BISILK) for North Sumatra Province
96    Webinar Refreshment Sertifikasi MR Jenjang 5                                                  LSP BRI                        04 September 2025                     7
      Webinar on Refreshment for MR Certification Level 5                                                                          September 4, 2025
97    Bank Raya Onboarding Program                                                                  Bank Raya                      18 s.d 30 September 2025             49
                                                                                                                                   September 18 to 30, 2025
98    Keikutsertaan Certified Data Analyst Professional (CDAP)                                      Sharing Vision                 06 s.d 10 Oktober 2025                2
      Participation in Certified Data Analyst Professional (CDAP)                                                                  October 6 to 10, 2025
99    Workshop: Implementasi Internal Control over Financial Reporting (ICoFR)                      IIA Indonesia                  15 s.d 16 Oktober 2025                5
      Workshop: Implementation of Internal Control over Financial Reporting (ICoFR)                                                October 15 to 16, 2025
100   Pelatihan Social Return on Investment (SROI)                                                  LPPI                           8 - 9 Oktober 2025                    1
      Training on Social Return on Investment (SROI)                                                                               October 8 - 9, 2025
101   Workshop Risk Control Matrix (RCM) Internal Audit                                             Bank Raya                      03 Oktober 2025                      15
      Workshop on Risk Control Matrix (RCM) for Internal Audit                                                                     October 3, 2025
102   Refreshment Pendidikan Petugas Administrasi Kredit (ADK) Selindo Tahun 2025                   Bank Raya                      13 s.d 16 Oktober 2025               40
      Education Refreshement on Selindo Credit Administration Officer (ADK) in 2025                                                October 13 to 16, 2025
103   Refreshment Training Supervisor Operasional Layanan (SOL) Selindo Tahun 2025                  Bank Raya                      20 s.d 22 Oktober 2025               26
      Refreshment Training on Selindo Service Operations Supervisor (SOL) in 2025                                                  October 20 to 22, 2025
104   Pelatihan Audit Forensik dan Deteksi Korupsi pada Korporasi BUMN/BUMD & Anak Usaha            Lembaga Informasi              08 Oktober 2025                       2
                                                                                                    Kebijakan Nasional
                                                                                                    (Lemiknas)

      Training on Forensic Audit and Corruption Detection for SOEs/ROEs and Subsidiaries            National Policy Information    October 8, 2025
                                                                                                    Institute (Lemiknas)
105   Training “4 Strategi Bisnis Punya Superteam & Tingkatkan Omzet di Saat Krisis”                Gratyo Global Awards           16 Oktober 2025                       1
      Training on “4 Business Strategies to Have Superteam & Increase Revenue in Times of Crisis”   Winning Practical Business     October 16, 2025
                                                                                                    Coaching
106   In House Training Internal Control for Financial Reporting (ICoFR)                            Bank Raya                      14 Oktober 2025                      21
      In House Training on Internal Control for Financial Reporting (ICoFR)                                                        October 14, 2025



                                                                                                    Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                    Annual Report & Sustainability Report   2025 159
Page 160
      Ikhtisar Kinerja                               Laporan Manajemen                                Profil Perusahaan                       Tinjauan Pendukung Bisnis
      Performance Highlights                         Management Report                                Company Profile                         Overview of Business Support Units




                                                                                                                                                                          Jumlah
                                           Nama Pelatihan                                                     Penyelenggara               Waktu Pelaksanaan               Peserta
 No
                                           Training Name                                                        Organizer                       Time                    Number of
                                                                                                                                                                        Participants
107   Program Mandatory Refreshment Sertifikasi Manajemen Risiko Jenjang 6 Bagi Komisaris              LPPI                          16 Oktober 2025                          1
      Bank Raya

      Mandatory Refreshment Program for Risk Management Certification Level 6 for the Board of                                       October 16, 2025
      Commissioners of Bank Raya
108   Pelaksanaan Sertifikasi APU-PPT dan PPPSPM Jenjang 5 (Officer)                                   FKDKP                         21 Oktober 2025                          1
      Implementation of AML-CTF and CPF Certification Level 5 (Officer)                                                              October 21, 2025
109   Public Training “Sustainability Finance”                                                         Spectra Specialist Training   30 s.d 31 Oktober 2025                   2
      Public Training on “Sustainability Finance”                                                                                    October 30 to 31, 2025
110   E-Learning SOP Third Party Risk Management (TPRM)                                                Bank Raya                     01 s.d 15 Oktober 2025                 226
      E-Learning on SOPs for Third Party Risk Management (TPRM)                                                                      October 1 to 15, 2025
111   E-Learning Aset Kripto & Blockchain                                                              Bank Raya                     01 s.d 31 Oktober 2025                 242
      E-Learning on Crypto Assets & Blockchain                                                                                       October 1 to 31, 2025
112   E-Learning SOP Saku Personal Digital Saving                                                      Bank Raya                     02 s.d 31 Oktober 2025                 218
      E-Learning on SOPs for Saku Personal Digital Saving                                                                            October 2 to 31, 2025
113   E-Learning Sistem Raya Smart AML (RAYSA)                                                         Bank Raya                     13 Oktober s.d 14 November              94
                                                                                                                                     2025
      E-Learning on Raya Smart AML (RAYSA) System                                                                                    October 13 to November 14, 2025
114   E-Learning Penanganan Transaksi Afiliasi, Benturan Kepentingan (Conflict of Interest)            Bank Raya                     07 s.d 31 Oktober 2025                 183
      dan Transaksi Orang Dalam (Insider Trading)

      E-Learning on Handling Affiliate Transactions, Conflict of Interest Transactions, and Insider                                  October 7 to 31, 2025
      Trading
115   E-Learning Pedoman Pelaksanaan Raya Paylater                                                     Bank Raya                     14 s.d 31 Oktober 2025                  46
      E-Learning on Guidelines for Implementing Raya Paylater                                                                        October 14 to 31, 2025
116   E-Learning Kebijakan Umum Penerapan Tata Kelola Perusahaan yang Baik (GCG)                       Bank Raya                     17 s.d 31 Oktober 2025                   1
      E-Learning on General Policy on Good Corporate Governance (GCG) Implementation                                                 October 17 to 31, 2025
117   E-Learning Pedoman Pelaksanaan Kode Etik (Code of Conduct)                                       Bank Raya                     17 s.d 31 Oktober 2025                   1
      E-Learning on Guidelines for Implementing Code of Conduct                                                                      October 17 to 31, 2025
118   Pelaksanaan Seminar Environmental, Social, and Governance (ESG) Tahun 2025                       Bank Raya                     23 Oktober 2025                         95
      Seminar on Environmental, Social, and Governance (ESG) in 2025                                                                 October 23, 2025
119   Raya Insight Fest - Mindfull Growth: Embracing Change, Empowering Transformation                 Bank Raya                     24 Oktober 2025                        132
                                                                                                                                     October 24, 2025
120   RM Enhancement Development Program                                                               Bank Raya                     2-4 Oktober 2025                        25
                                                                                                                                     October 2-4, 2025
121   Oracle Database 19C Administration Workshop (OD-19C-AW) + Exam                                   Trainocate Indonesia          17-21 November 2025 (Training),          3
                                                                                                                                     November 2025 (Exam 1),
                                                                                                                                     Desember 2025 (Exam 2)

                                                                                                                                     November 17-21, 2025 (Training),
                                                                                                                                     November 2025 (Exam 1),
                                                                                                                                     December 2025 (Exam 2)
122   Training Agile Ways of Working                                                                   VIS Consulting                3-7 November 2025                       50
      Training on Agile Ways of Working                                                                                              November 3-7, 2025
123   Sertifikasi Kepatuhan untuk Pekerja Divisi Legal & Compliance Bank Raya                          LSP BRI                       Pre-Assesment Sertifikasi : 13           6
                                                                                                                                     November 2025
                                                                                                                                     Ujian Sertifikasi : 20 November
                                                                                                                                     2025

      Compliance Certification for Legal & Compliance Employees of Bank Raya                                                         Certification Pre-Assessment:
                                                                                                                                     November 13, 2025
                                                                                                                                     Certification Exam: November
                                                                                                                                     20, 2025
124   Pelatihan Information System Audit Masterclass (CISA Refreshment for Executive)                  Inixindo                      11 s.d 13 November 2025                  1
      Training on Information System Audit Masterclass (CISA Refreshment for Executives)                                             November 11 to 13, 2025
125   Undangan Pertemuan Tahunan Forum Komunikasi Kliring Jakarta (FKKJ) Tahun 2025                    Bank Indonesia                01 November 2025                         2
      Invitation to Jakarta Clearing Communication Forum (FKKJ) Annual Meeting in 2025                                               November 1, 2025
126   Onboarding / Bootcamp BFLP & BNLP IT                                                             Bank Raya                     3-7 November 2025                        3
                                                                                                                                     November 3-7, 2025
127   Keikutsertaan Pelatihan CompTIA Advanced Security Practitioner (CompTIA CASP+)                   BISA.AI Academy               November 2025                            1
      Participation in CompTIA Advanced Security Practitioner (CompTIA CASP+) Training                                               November 2025
128   Public Course Executive Public Speaking                                                          Bisa Pede Academy             16,23,30 November & 7 Desember           7
                                                                                                                                     2025

                                                                                                                                     November 16, 23, 30 & December
                                                                                                                                     7, 2025
129   Public Course Driving Innovation Through Design Thinking                                         VIS Consulting                21 November 2025                         3
                                                                                                                                     November 21, 2025
130   Workshop Recovery Plan                                                                           Bank Raya                     6 November 2025                         29
      Workshop on Recovery Plan                                                                                                      November 6, 2025
131   Public Course Verifikasi Data Berkas Kredit                                                      Media Edutama Indonesia       13-14 November 2025                      2
      Public Course on Credit Files Data Verification                                                                                November 13-14, 2025




160 PT Bank Raya Indonesia Tbk
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      Analisis dan Pembahasan Manajemen                       Tata Kelola Perusahaan                          Laporan Keberlanjutan                 Laporan Keuangan Audit
      Management Discussion and Analysis                      Good Corporate Governance                       Sustainability Report                 Audited Financial Report




                                                                                                                                                                       Jumlah
                                          Nama Pelatihan                                                   Penyelenggara              Waktu Pelaksanaan                Peserta
No
                                          Training Name                                                      Organizer                      Time                     Number of
                                                                                                                                                                     Participants
132   Program Mandatory Refreshment Sertifikasi Manajemen Risiko Jenjang 6                          LPPI                        13 November 2025                           1
      Mandatory Refreshment Program for Risk Management Certification Level 6                                                   November 13, 2025
133   Program Mandatory Refreshment Sertifikasi Manajemen Risiko Jenjang 6 Bagi Komisaris           LPPI                        13 November 2025                           2
      Bank Raya

      Mandatory Refreshment Program for Risk Management Certification Level 6 for the Board of                                  November 13, 2025
      Commissioners of Bank Raya
134   Program Mandatory Refreshment Sertifikasi Manajemen Risiko Jenjang 7 Bagi Direksi             LPPI                        13 November 2025                           3
      Bank Raya

      Mandatory Refreshment Program for Risk Management Certification Level 7 for the Board                                     November 13, 2025
      of Directors of Bank Raya
135   Pelatihan dan Sertifikasi Perancang Kontrak (Certified Contract Drafter)                      Justitia Training Center    12 s.d 15 November 2025                    2
      Training and Certification for Certified Contract Drafter                                                                 November 12 to 15, 2025
136   Public Course Implementasi Manajemen Risiko Likuiditas Basel                                  FinRisk Training            18-19 November 2025                        2
      Public Course on Basel Liquidity Risk Management Implementation                                                           November 18-19, 2025
137   Undangan Pertemuan User Group SP dan FMI BI (BI-RTGS, BI-SSSS, BI-ETP, SKNBI, dan             Bank Indonesia              15 November 2025                           3
      BI-FAST) Tahun 2025

      Invitation to Meeting for User Group of SP and FMI BI (BI-RTGS, BI-SSSS, BI-ETP, SKNBI, and                               November 15, 2025
      BI-FAST) in 2025
138   Public Course Financial Modeling                                                              PPA FEB UI                  15-29 November 2025                        4
      Public Course on Financial Modeling                                                                                       November 15-29, 2025
139   Workshop Pengembangan Aplikasi Rayapedia Virtual Assistant (RAVA)                             Bank Raya                   28 November 2025                          17
      Workshop on Rayapedia Virtual Assistant (RAVA) Application Development                                                    November 28, 2025
140   Public Course Video Editing                                                                   Hello Motion Academy        Sabtu, 22 & 29 November 2025               1
                                                                                                                                dan 06, 13 & 20 Desember 2025

      Public Course on Video Editing                                                                                            Saturday, November 22 & 29,
                                                                                                                                2025 and December 6, 13 & 20,
                                                                                                                                2025
141   Innovative Thinking Workshop                                                                  Corporate Innovation        25 November 2025                           4
                                                                                                    Consulting (CIAS)           November 25, 2025
142   Undangan Sosialisasi Laporan Hasil Penilaian Kepatuhan (LHPK) Sistem Pembayaran dan           Bank Indonesia              26 November 2025                           2
      Financial Market Infrastructure Bank Indonesia serta Kantor Pengelola Daftar Hitam
      Nasional Tahun 2025

      Invitation to the Dissemination of Compliance Assessment Report (LHPK) for Bank Indonesia’s                               November 26, 2025
      Payment System and Financial Market Infrastructure and the National Blacklist Management
      Office in 2025
143   Sosialisasi & Workshop Platform Self Service Data Analytics (SSDA) - Pendekar Data            Bank Raya                   14 November 2025                          63
      Dissemination & Workshop on Self-Service Data Analytics (SSDA) Platform - Pendekar Data                                   November 14, 2025
144   E-Learning Strategi Anti Fraud                                                                Bank Raya                   14 s.d 30 November 2025                  209
      E-Learning on Anti-Fraud Strategy                                                                                         November 14 to 30, 2025
145   E-Learning SOP Manajemen Vendor                                                               Bank Raya                   05 s.d 30 November 2025                  175
      E-Learning on SOPs for Vendor Management                                                                                  November 5 to 30, 2025
146   E-Learning Sistem Manajemen Anti Penyuapan (SMAP)                                             Bank Raya                   12 s.d 30 November 2025                  186
      E-Learning on Anti-Bribery Management System (SMAP)                                                                       November 12 to 30, 2025
147   E-Learning SOP Pembukaan Rahasia Bank                                                         Bank Raya                   19 s.d 30 November 2025                  100
      E-Learning on SOPs for Bank Secrecy Disclosure                                                                            November 19 to 30, 2025
148   AML CTF CPF Office Battle Tahun 2025                                                          PPATK                       17 Desember 2025                           3
      AML CTF CPF Office Battle in 2025                                                                                         December 17, 2025
149   Public Course Financial Statement Analysis                                                    PPM Manajemen               3-4 Desember 2025                          2
      Public Course on Financial Statement Analysis                                                                             December 3-4, 2025
150   Public Course Robotic Process Automation (RPA)                                                Transform Manpower          20 - 21 Desember 2025                      4
      Public Course on Robotic Process Automation (RPA)                                             Indonesia                   December 20 - 21, 2025
151   Public Course Strategic Branding Communication                                                URWAYS Indonesia            30-31 Desember 2025                        1
      Public Course on Strategic Branding Communication                                             Corpora                     December 30-31, 2025
152   Public Course Video Editing                                                                   Hello Motion Academy        23, 30 Desember 2025 & 6, 8, 13,           1
                                                                                                                                15, 20, 22, 27, 29 Januari 2026

      Public Course on Video Editing                                                                                            December 23, 30, 2025 & January
                                                                                                                                6, 8, 13, 15, 20, 22, 27, 29, 2026
153   Sertifikasi SK SP (SPPUR) Jenjang 4 - Pemrosesan Transaksi Pembayaran (Bank)                  LPPI                        Klasikal : 18-19 Desember                 55
                                                                                                                                2025155
                                                                                                                                OJT: 21 Desember 2025

      SK SP (SPPUR) Certification Level 4 - Payment Transaction Processing (Bank)                                               Classical: December 18-19, 2025
                                                                                                                                OJT: December 21, 2025




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        Ikhtisar Kinerja                              Laporan Manajemen                        Profil Perusahaan                      Tinjauan Pendukung Bisnis
        Performance Highlights                        Management Report                        Company Profile                        Overview of Business Support Units




                                                                                                                                                                 Jumlah
                                            Nama Pelatihan                                             Penyelenggara              Waktu Pelaksanaan              Peserta
  No
                                            Training Name                                                Organizer                      Time                   Number of
                                                                                                                                                               Participants
 154    Sertifikasi SK SP (SPPUR) Jenjang 4 - Pengelolaan Transfer Dana bagi Bank               LPPI                         Klasikal : 11-12 Desember 2025         61
                                                                                                                             OJT: 15 Desember 2025

        SK SP (SPPUR) Certification Level 4 - Fund Transfer Management for Banks                                             Classical: December 11-12, 2025
                                                                                                                             OJT: December 15, 2025
 155    Sertifikasi SK SP (SPPUR) Jenjang 4 - Pengelolaan Uang Tunai bagi Bank                  LPPI                         Klasikal : 13-14 Desember 2025         26
                                                                                                                             OJT: 16 Desember 2025
        SK SP (SPPUR) Certification Level 4 - Cash Management for Banks
                                                                                                                             Classical: December 13-14, 2025
                                                                                                                             OJT: December 16, 2025
 156    Sertifikasi SK SP (SPPUR) Jenjang 4 - Setelmen Transaksi Tresuri                        LPPI                         Klasikal : 13-15 Desember 2025           6
                                                                                                                             OJT: 21 Desember 2025

        SK SP (SPPUR) Certification Level 4 - Treasury Transaction Settlement                                                Classical: December 13-15, 2025
                                                                                                                             OJT: December 21, 2025
 157    Training “Competency Based Interview”                                                   PPM Manajemen                10 s.d 11 Desember 2025                  2
        Training on “Competency Based Interview”                                                                             December 10 to 11, 2025
 158    Training Microsoft Excel for Advanced                                                   Infobank Institute           04 s.d 05 Desember 2025                  5
        Training on Microsoft Excel for Advanced                                                                             December 4 to 5, 2025
 159    Webinar Hari Ibu: Ibu Hebat di Rumah Profesional Hebat di Kantor                        Talk Parenting               22 Desember 2025                       54
        Mother’s Day Webinar: Great Mothers at Home, Great Professionals at Work                                             December 22, 2025
 160    Webinar Refreshment Manajemen Risiko Jenjang 4                                          BRI Corporate University     18 Desember 2025                         1
        Webinar on Refreshment for Risk Management Level 4                                                                   December 18, 2025
 161    Workshop Pengembangan Aplikasi Raya Insurance Monitoring                                Bank Raya                    8-10 Desember 2025                     18
        Workshop on Raya Insurance Monitoring Application Development                                                        December 8-10, 2025




Realisasi Anggaran Pelatihan dan Pengembangan Human Capital
Realization of Human Capital Training and Development Budget

Secara kumulatif, Bank Raya telah merealisasikan anggaran pelatihan                      Cumulatively, Bank Raya realized HC training and development budget
dan pengembangan SDM senilai Rp7.468.443.975 juta pada tahun 2025.                       of Rp 7.468.443.975 million in 2025. This achievement is lower than previous
Capaian ini lebih rendah dari tahun sebelumnya sebesar Rp8.472,94 juta                   year of Rp8,472.94 million, as explained in the table below.
sebagaimana dijelaskan pada tabel berikut ini.

Realisasi Anggaran Pelatihan dan Pengembangan                                            Realization of Budget for Human Capital Training and
Human Capital (Rupiah)                                                                   Development (Rupiah)
                                                                                                         (Dinyatakan dalam jutaan Rupiah | Expressed in millions of Rupiah)

                                                                                 2025                                2024                               2023

 Realisasi anggaran                                                              7.468                               8.473                             7.247
 Realization of the budget




Talent Management
Talent Management

Siklus Talent Management Bank Raya meliputi sembilan tahapan yang                        Bank Raya’s Talent Management cycle includes nine stages as follows:
terdiri dari:
1. Talent Strategy and Planning yaitu proses perencanaan kebutuhan                       1.   Talent Strategy and Planning, the process of planning Talents’ needs
     Talent untuk periode waktu tertentu yang didasarkan pada kebutuhan                       for a specific time period based on Talents’ needs in each job family/
     Talent di setiap job family/job cluster, level (band) jabatan, ataupun                   job cluster, position level (band), or specific position.
     jabatan spesifik tertentu.
2. Talent Attraction, yaitu proses untuk menarik Talent yang berasal dari                2.   Talent Attraction, the process of attracting Talent from internal and/
     sumber internal dan/atau eksternal untuk bekerja di Perusahaan melalui                   or external sources to work for the Company through creative and
     mekanisme Talent Channel dan Talent Source yang kreatif dan inovatif.                    innovative Talent Channel and Talent Source mechanisms.
3. Talent Selection yaitu proses seleksi new Talent yang akan bergabung                  3.   Talent Selection, the process of selecting new Talent to join the
     dengan Perusahaan.                                                                       Company.
4. Talent Identification, yaitu proses identifikasi Talent yang ada di dalam             4.   Talent Identification, the process of identifying existing Talent within
     Perusahaan yang didasarkan pada nilai Kinerja (Performance) dan                          the Company based on Performance, Capacity, and aspirations.
     Kapasitas (Capacity) serta aspirasi Talent.
5. Talent Review yaitu proses Review yang dilakukan oleh Talent                          5.   Talent Review, the Review process conducted by Talent Committee
     Committee dalam rangka mempersiapkan Talent Pool, Talent Cluster,                        to prepare the Talent Pool, Talent Cluster, and List of Successors.
     dan List of Successors.
6. Talent Development, yaitu proses pengembangan Talent guna                             6.   Talent Development, the process of developing Talent to prepare and
     mempersiapkan serta mengakselerasi kesiapan Talent untuk menduduki                       accelerate Talents’ readiness for higher-level positions.
     jabatan yang lebih tinggi.




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       Management Discussion and Analysis              Good Corporate Governance              Sustainability Report                 Audited Financial Report




7.   Talent Career Management yaitu proses penyusunan career path            7.    Talent Career Management, the process of developing career path
     untuk setiap jabatan berdasarkan prinsip kesesuaian profil kompetensi         for each position based on the principles of competency and skill
     dan keahlian (shape match) dan bobot jabatan (size match) sebagai             profile matching (shape match) and position weight (size match) as
     dasar penempatan Talent.                                                      the basis for talent placement.
8.   Talent Succession, yaitu proses penempatan Talent pada suatu jabatan    8.    Talent Succession, the process of placing talent in position and Succession
     serta Perencanaan Suksesi (Succession Planning) untuk jabatan di              Planning for positions within the Company, including Key Strategic
     Perusahaan, termasuk Key Strategic Positions.                                 Positions.
9.   Talent Retention yaitu proses pengembangan inisiatif program yang       9.    Talent Retention is the process of developing program initiatives aimed
     ditujukan untuk mempertahankan Talent terbaik yang ada di Perusahaan          at retaining the best Talent within the Company.



Perkembangan Jumlah Karyawan
Employee Turnover Rate

Bank Raya mencatatkan jumlah karyawan sebanyak 942 orang per 31              Bank Raya recorded 942 employees as of December 31, 2025.
Desember 2025

Perkembangan jumlah karyawan                                                 Employee turover rate
                                                                                           2025                                           2024

 Pensiun                                                                                      7                                             5
 Retired
 Meninggal Dunia                                                                              1                                             2
 Passed Away
 Mengundurkan diri atas permintaan sendiri                                                   42                                            99
 Voluntarily resigned
 Diberhentikan                                                                               11                                            45
 Terminated
 Jumlah karyawan yang keluar                                                                109                                           151
 Total employees leaving
 Total karyawan di akhir tahun                                                              942                                           883
 Total employees at end of year



Internalisasi Budaya
Internalization of Culture

Bank Raya menerapkan budaya perusahaan yang kuat sesuai dengan               Bank Raya implements a strong corporate culture in line with its vision. This
visi perusahaan dapat memberi dampak positif yang signifikan bagi Bank,      can have a significant positive impact on the Bank, including increasing
antara lain meningkatkan produktivitas serta menciptakan lingkungan          productivity and creating positive and solid work environment, which
kerja yang positif dan solid, yang pada akhirnya mendukung pertumbuhan       ultimately supports Bank Raya’s long-term growth and success. To build
dan keberhasilan jangka panjang Bank Raya. Untuk membangun budaya            this corporate culture, Bank Raya developes Corporate Culture program,
Perusahaan, Bank Raya mengembangkan Corporate Culture yang                   realized through internalization and alignment programs of the Bank’s Core
diwujudkan melalui program internalisasi dan penyelarasan Nilai Utama        Values and Culture, implemented on an ongoing basis.
dan Budaya Bank yang dijalankan secara berkesinambungan.

Melalui penerapan program tersebut, Pekerja Bank Raya dapat merespons        Through this program, Bank Raya’s Employees can respond to challenges
tantangan dan perubahan sehingga dapat memiliki kemampuan beradaptasi        and changes, thus developing the ability to adapt quickly, be more dynamic,
dengan cepat, lebih dinamis dan agile tanpa meninggalkan aspek               and agile, without compromising professionalism and integrity. BRI One
profesionalisme dan integritas. Program internalisasi BRI One Culture        Culture internalization program aims to instill the core values of Bank Raya’s
merupakan program-program yang bertujuan untuk menanamkan cores              Work Culture in all BRILiaN personnel through creative activities in support
nilai-nilai pokok Budaya Kerja Bank Raya kepada seluruh insan BRILiaN        of improving the Company’s performance. BRI One Culture Internalization
melalui kegiatan-kegiatan kreatif dalam mendukung peningkatan kinerja        programs include, but are not limited to:
perusahaan. Program-program Internalisasi BRI One Culture termasuk
namun tidak terbatas pada:
a. Culture Agent/Culture Ranger;                                             a.    Culture Agent/Culture Ranger;
b. Culture Activation Program (CAP);                                         b.    Culture Activation Program (CAP);
c. Risk Culture Program;                                                     c.    Risk Culture Program;
d. Digital Culture Program;                                                  d.    Digital Culture Program;
e. Best Innovation Program (Rayanovation);                                   e.    Best Innovation Program (Rayanovation);
f.   Raya Community;                                                         f.    Raya Community;
g. Raya Improvement Forum (RIF);                                             g.    Raya Improvement Forum (RIF);
h. Komunikasi dua (2) arah;                                                  h.    Two-way communication;
i.   Media Komunikasi Portal Culture;                                        i.    Culture Portal Communication Media;
j.   Buku Saku Culture;                                                      j.    Culture Pocket Book;
k. Materi Budaya Kerja pada Onboarding;                                      k.    Work Culture Materials on Onboarding;
l.   Materi Budaya Kerja pada e-learning;                                    l.    Work Culture Materials on e-learning;
m. Program Budaya Kerja lainnya.                                             m.    Other Work Culture Programs.




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        Performance Highlights                   Management Report                       Company Profile                 Overview of Business Support Units




Strategi Pengembangan Human Capital
Human Capital Development Strategy

Strategi Divisi Human Capital tahun 2025 sebagai strategic enabler bisnis       Human Capital Division’s strategies in 2025 as a strategic enabler of the
Perusahaan adalah :                                                             Company’s business are:
a. Innovative and Creative Talent Attraction yang berkelanjutan,                a. Innovative and Creative Talent Attraction that is sustainable and pays
     memperhatikan adanya talent war yang terjadi, sehingga dapat                  attention to the talent war that is happening. As such, winning the
     memenangkan persaingan dalam mendapatkan the best & the right                 competition in obtaining the best and the right talent requires Human
     talent menuntut Divisi HC dapat melakukan rekrutmen dan seleksi               Capital Division to be able to recruit and select the candidates in
     calon Pekerja dengan cara-cara yang kreatif dan menggunakan                   creative ways by using various channels. The Company obtains the
     berbagai channel. Perusahaan dalam mendapatkan the best and the               best and the right talent from internal and/or external sources through
     right talent berasal dari sumber internal dan/atau eksternal melalui          innovative and creative Talent Channel and Talent Source mechanisms,
     mekanisme Talent Channel dan Talent Source secara innovative and              such as:
     creative seperti:
     •     Build & bounce talent untuk sumber internal; serta                        •    Build & bounce talent for internal sources; and
     •     Internship, Campus Hiring atau Outreach Program untuk sumber              •    Internship, Campus Hiring, or Outreach Programs for external
           eksternal.                                                                     sources.
b. Talent Retention, perlunya dilakukan program retensi untuk meningkatkan      b.   Talent Retention, a retention program that needs to be carried out to
     employee engagement dan produktivitas Pekerja melalui program                   increase employee engagement and productivity through transparency
     transparency aspiration career management, talent recognition,                  aspiration career management, talent recognition, competitive reward,
     competitive reward, work life integration & performance management.             work-life integration, and performance management programs.
c. Systematic Talent Development, menyelenggarakan program                      c.   Systematic Talent Development, organizing a tiered digital talent
     pengembangan kapabilitas digital talent secara berjenjang dengan                capability development program by developing aspects of character,
     mengembangkan aspek character, technical competencies, professional             technical competencies, professional competencies, leadership
     competencies, leadership competencies serta sertifikasi sejalan dengan          competencies, and certification in line with digital competencies and
     kompetensi digital dan value BUMN serta mengintegrasikan aspirasi               SOE values, while integrating Employees’ career planning aspirations
     perencanaan karir Pekerja dengan kebutuhan Perusahaan.                          with Company’s needs.
d. Penguatan Culture Bank Raya melalui program internalisasi dan                d.   Strengthening Bank Raya’s Culture through Bank Raya Corporate
     aktivasi Corporate Culture Bank Raya yang berdasarkan pada BRI                  Culture internalization and activation program based on BRI One
     One Culture serta mendorong performa terbaik serta menumbuhkan                  Culture and encouraging the best performance and growing risk
     risk culture & digital culture dengan menyelaraskan business performance        culture and digital culture by aligning business performance and
     dan corporate culture serta efektivitas komunikasi dengan Pekerja               corporate culture, as well as effective communication with Employees,
     yang mendorong engagement dan komitmen.                                         that encourages engagement and commitment.
e. Digital Centric Human Capital Organization Capability, dengan                e.   Digital-Centric Human Capital Organization Capability, by integrating
     melakukan Integrasi Framework pengelolaan Human Capital dengan                  Human Capital Management Framework with Bank BRI’s Human
     Human Capital Bank BRI serta melakukan pengembangan infrastruktur               Capital and developing infrastructure in the context of Digitalization
     dalam rangka Digitalisasi Merit-Based System (Performance                       of Merit-Based System (Performance Management), Digitalization of
     Management), Digitalisasi Talent Management, dan Pengembangan                   Talent Management, and Development of an integrated Human Capital
     Human Capital Information System (HCIS) yang terintegrasi.                      Information System (HCIS).




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       Management Discussion and Analysis              Good Corporate Governance             Sustainability Report                 Audited Financial Report




Teknologi Informasi
Information Technology


          Continous Improvement in Business Enabler
          Continuous improvement in technology, talents, and risk
          management to support the sustainable business growth




Teknologi Informasi (TI) berperan sangat penting dalam memperkuat            Information Technology (IT) plays a crucial role in strengthening Bank Raya’s
kinerja bisnis Bank Raya yang memiliki value proposition sebagai digital     business performance, with its value proposition as BRI Group’s digital
attacker BRI Group dengan jaringan O20 (Online to online) terluas di         attacker, supported by the most extensive O20 (Online-to-Online) network
Indonesia. Keberadaan TI juga sangat dibutuhkan dilihat dari posisi Bank     in Indonesia. The existence of IT is also greatly needed, given Bank Raya’s
Raya yang merupakan bank digital yang layanannya dapat diakses melalui       position as a digital bank, with services accessible through 1.9 million access
1,9 juta poin akses dalam rangka mendukung Upaya strategi BRI Group          points, supporting BRI Group’s strategic efforts to maximize the potential of
dalam memaksimalkan potensi UMKM. Pada tahun 2025, perjalanan Bank           MSMEs. In 2025, the Bank’s journey as BRI Group digital attacker focused
sebagai digital attacker BRI Group fokus pada usaha untuk memanfaatkan       on leveraging business synergy opportunities within the ecosystem and
peluang sinergi bisnis dalam ekosistem dan mengeksplorasi peluang baru       exploring new opportunities through partnerships.
melalui kemitraan.

Pengembangan TI Bank Raya di masa mendatang untuk mencapai visi              Bank Raya’s IT development in the future to achieve its transformation
transformasi dilakukan dengan mengedepankan tata kelola TI yang baik.        vision is driven by prioritizing sound IT governance. Furthermore, the Bank
Selain itu, Bank juga tetap fokus pada pengelolaan operasional TI sehingga   remains its focus on IT operational management to support solid business
mampu mendukung pertumbuhan bisnis yang solid. Pemenuhan terhadap            growth. Compliance with IT governance is achieved by ensuring the
tata kelola TI tersebut dilakukan dengan memastikan kecukupan kebijakan,     adequacy of policies, standards, and procedures for the use of information
standar, dan prosedur penggunaan teknologi informasi, kecukupan proses       technology, adequacy of processes for identifying, measuring, monitoring,
identifikasi, pengukuran, pemantauan, dan pengendalian risiko penggunaan     and controlling risks in the use of information technology, and the
teknologi informasi, serta dilakukannya sistem pengendalian internal.        implementation of internal control system.



Strategi Manajemen Teknologi Informasi
Information Technology Management Strategy

Bank Raya telah menyusun Rencana Pengembangan Teknologi Informasi            Bank Raya has prepared an Information Technology Development Plan,
yang merupakan gambaran strategis dan digunakan sebagai panduan              which provides a strategic overview and serves as a guide for the Bank’s
bagi organisasi TI Bank dalam melakukan pengembangan dan menyusun            IT organization in developing and preparing IT investment plans. The
rencana investasi TI. Rencana Pengembangan Teknologi Informasi tersebut      Information Technology Development Plan outlines the direction and focus
memuat arah dan fokus manajemen TI tahun 2025 yang ditujukan untuk           of IT management in 2025, aimed at supporting the sustainable achievement
mendukung pencapaian sasaran bisnis Bank secara berkelanjutan.               of the Bank’s business objectives.




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        Performance Highlights                   Management Report                    Company Profile                     Overview of Business Support Units




Dalam Rencana Pengembangan Teknologi Informasi tersebut                         The Information Technology Development Plan is implemented in the
diimplementasikan pada GREAT IT Strategy 2025 sebagai berikut:                  GREAT IT Strategy 2025 as follows:
a. Groom Breakthrough Innovation yang berfokus pada pengembangan                a. Groom Breakthrough Innovation, focusing on developing IT innovations
    inovasi TI yang berdampak terhadap pertumbuhan bisnis dan                       that impact business growth and enhance the Bank’s competitiveness,
    peningkatan daya saing Bank serta mendukung produk dan layanan                  while also supporting banking products and services relevant to
    perbankan yang relevan dengan kebutuhan nasabah, meliputi inisiatif             customer needs. This initiative includes:
    pengembangan:
    1. Raya Paylater: New Features for Payment & Transaction                         1.   Raya Paylater: New Features for Payment & Transactions
    2. Transaction Booster: Build Transaction Features for Ecosystem                 2.   Transaction Booster: Building Transaction Features for Ecosystem
        (Biller, QRIS CPM, etc)                                                           (Biller, QRIS CPM, etc.)
    3. Advanced Beyond Banking Development: Saku Bisnis Enhancement                  3.   Advanced Beyond Banking Development: Saku Business
        & Integration                                                                     Enhancement & Integration
    4. Aplikasi Raya Development as Integrated Banking App                           4.   Aplikasi Raya Development as Integrated Banking App
    5. Pengembangan Kartu Debit Virtual Visa                                         5.   Developing Visa Debit Card

b.   Resilient IT Platform yang berfokus pada pembangunan dan penguatan         b.   Resilient IT Platform, focusing on building and strengthening a reliable,
     platform TI yang andal, aman dan berkelanjutan guna mendukung                   secure, and sustainable IT platform to support the continuity of banking
     kontinuitas layanan perbankan serta mitigasi risiko operasional dan             services and mitigate operational and information security risks. This
     keamanan informasi. Strategi ini bertujuan untuk memastikan sistem              strategy aims to ensure Bank Raya’s IT systems have adequate levels
     TI Bank Raya memiliki tingkat ketersediaan, integrasi, dan perlindungan         of availability, integration, and protection to address business needs
     yang memadai dalam menghadapi kebutuhan bisnis dan potensi                      and potential cyber threats. This initiative includes the following:
     ancaman siber, yang meliputi inisiatif sebagai berikut:
     1. Membangun Sistem Perbankan Menggunakan Enterprise Service                    1.   Building a Banking System Using Enterprise Service Bus
          Bus
          Pengembangan Enterprise Service Bus dilakukan agar aplikasi                     Developing Enterprise Service Bus so that applications at Bank
          di Bank Raya dapat memberikan layanan dengan composable                         Raya can provide composable services, with APIs and Middleware
          services di mana API & Middleware menjadi pendukung utama                       as the primary support for application integration with the
          application integration dengan tahapan:                                         following stages:
          •     Standar arsitektur yang spesifik untuk Enterprise Integration             •    Specific architectural standards for Enterprise Integration
          •     Implementasi platform API Management dan API Gateway                      •    Implementation of API Management and API Gateway
                                                                                               platform
         •     Pengembangan API untuk mendukung kapabilitas maupun                        •    Development of APIs to support new capabilities and features
               fitur baru seperti embedded finance, multiple QRIS, Raya                        such as embedded finance, multiple QRIS, Raya Paylater,
               Paylater, dsb.                                                                  etc.
          •    Pengembangan API dan middleware untuk migrasi legacy                       •    Development of APIs and middleware for legacy platform
               platform.                                                                       migration.
     2. Mengembangkan Sistem Keamanan Untuk Transaksi Raya                           2.   Developing Protection System for Raya Transactions
          Pengembangan teknologi protection berupa Fraud Prevention                       Developing protection technology in the form of Fraud Prevention
          System untuk transaksi di Aplikasi Raya dengan tujuan melakukan                 System for transactions in Aplikasi Raya, aimed at automatically
          pencegahan secara otomatis sebelum transaksi dijalankan                         preventing transactions before settlement, using statistical
          (settlement), yang menggunakan metodologi statistik, model                      methodologies, machine learning models, or artificial intelligence
          machine learning, atau artificial intelligence sesuai dengan                    according to fraud prevention needs.
          kebutuhan pencegahan penipuan.
     3. Implementasi Pengelolaan Data Pribadi (PDP)                                  3.   PDP Implementation
          Sebagai inisiatif Bank Raya dalam memastikan pengelolaan data                   As Bank Raya’s initiative to ensure that personal data management
          pribadi dilakukan secara aman, bertanggung jawab, dan sesuai                    is carried out securely, responsibly, and in accordance with
          dengan ketentuan peraturan perundang-undangan yang berlaku.                     applicable laws and regulations. The implementation of personal
          Implementasi kebijakan perlindungan data pribadi pada seluruh                   data protection policy across all operational aspects aims to
          aspek operasional bertujuan untuk melindungi data pribadi                       protect personal data of customers, employees, and other related
          nasabah, karyawan, dan pihak terkait lainnya serta memperkuat                   parties and strengthen public trust in the services offered.
          kepercayaan publik terhadap layanan yang ditawarkan.
     4. Implementasi teknologi keamanan TI                                           4.   IT Security Technology Implementation
          Implementasi teknologi pada aspek keamanan fisik, perimeter,                    Implementing technology in physical, perimeter, network, computer,
          jaringan, komputer, aplikasi dan data yang mencakup:                            application, and data security aspects, which encompasses:
          •    Standarisasi perangkat network di seluruh branch meliputi                  •    Network devices standardization across all branches, including
               access point dan ISP guna mengurangi risiko operasional                         access points and ISPs, to reduce operational (network) risk,
               (network) dan peningkatan reliability jaringan serta                            increase network reliability, and enhance operational and
               meningkatkan kualitas operasional dan layanan.                                  service quality.
          •    Kerjasama dengan tim keamanan TI perusahaan induk,                         •    Collaboration with parent company’s IT security team, BSSN,
               BSSN, dan lembaga lainnya guna mitigasi risiko dan efisiensi                    and other institutions to mitigate risks and achieve cost
               biaya dalam kasus cybersecurity.                                                efficiency in cybersecurity cases.
          •    Review dan implementasi fungsi organisasi pengelolaan TI                   •    Review and implementation of IT management organizational
               khususnya dalam bidang security melalui pembentukan                             functions, particularly in security sector, through the
               fungsi dan red team yang diukur dari peningkatan tingkat                        establishment of red team and its functions, measured by
               keamanan aplikasi public version.                                               improving security level of the application’s public-version.
c.   Excellent Data-driven Organization yang berfokus pada penguatan            c.   Excellent Data-driven Organization, focusing on strengthening Bank
     kapabilitas Bank Raya dalam mengelola dan memanfaatkan data                     Raya’s capabilities in managing and utilizing data as strategic assets
     sebagai aset strategis untuk mendukung pengambilan keputusan                    to support accurate and structured decision-making. This strategy aims
     yang akurat dan terstruktur. Strategi ini guna membangun fondasi tata           to build a strong data governance foundation, improve data quality
     kelola data yang kuat, peningkatan kualitas dan integrasi data, serta           and integration, and optimize analytics utilization to support the Bank’s
     optimalisasi pemanfaatan analitik dalam mendukung kinerja dan                   performance and growth. This strategy includes initiatives as follows:
     pertumbuhan Bank yang meliputi inisiatif sebagai berikut:




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               Management Discussion and Analysis                   Good Corporate Governance               Sustainability Report                Audited Financial Report




          1.   Pengembangan Self-service Data Analytics & Complex Data Analytics                1.    Self-Service Data Analytics & Complex Data Analytics Development
               Pengembangan platform self-service data analytics untuk                                Developing self-service data analytics platform for implementing
               pengimplementasian platform data quality dan metadata                                  data quality and metadata management platform to improve
               management guna meningkatkan kualitas data Bank Raya sehingga                          Bank Raya’s data quality, thus assisting work units in making data-
               dapat membantu satuan kerja dalam mengambil keputusan yang                             driven decisions and minimizing potential regulatory fines. Complex
               bersifat data-driven serta meminimalisir potensi denda regulator.                      Data Analytics development includes enhancements to Rayasim
               Untuk pengembangan Complex Data Analytics berupa enhancement                           Digital Savings, Transaction, and Digital Lending dashboards.
               dashboard Rayasim Digital Saving, Transaction, dan Digital Lending.
          2. Credit Scoring Enhancement                                                         2.    Credit Scoring Enhancement
               Melakukan enhancement untuk credit scoring Pinang Dana                                 Carrying out enhancement of credit scoring for Pinang Dana
               Talangan dan Pinang Flexi serta Raya Paylater dan Pinang                               Talangan and Pinang Flexi, as well as Raya Paylater and Pinang
               Performa                                                                               Performa.
          3. Data Management Policy                                                             3.    Data Management Policy
               Melakukan penyusunan kebijakan terkait data management                                 Drafting policies related to data management to improve data
               guna peningkatan tata kelola data, kepatuhan regulator, dan                            governance, regulatory compliance, and enhance data security.
               peningkatan keamanan data.
d.        Agile 10x-Governance & Tech-based Operating Model yang berfokus                 d.    Agile 10x Governance & Tech-based Operating Model, focusing on
          pada penguatan tata kelola dan model operasional Bank yang adaptif,                   strengthening the Bank’s governance and operational model to be
          efisien, dan berbasis teknologi untuk mendukung percepatan                            adaptive, efficient, and technology-based to support accelerated
          pengambilan keputusan serta peningkatan efektivitas pengelolaan                       decision-making and improve the effectiveness of resource management.
          sumber daya. Strategi ini guna meningkatkan agility, transparency,                    This strategy aims to enhance agility, transparency, and accountability
          accountability dalam pengelolaan proses bisnis TI yang meliputi inisiatif             in IT business process management, encompassing the following
          sebagai berikut:                                                                      initiatives:
          1. Integrated Human Capital Information System                                        1. Integrated Human Capital Information System
               Pengembangan sistem informasi pada proses Talent Management                            Developing information systems for Talent Management
               (Gap Competency & Pool of Candidate), Performance Management                           (Competency Gap & Pool of Candidate), Performance Management
               (BRICORE), Talent Development (Training Need Analysis), dan                            (BRICORE), and Talent Development (TNA), and integrating these
               melakukan integrasi ketiga sistem tersebut ke dalam sistem                             three systems into the system.
               terintegrasi.
          2. Integrated Financial Operations: Budgeting, Procurement Process,                   2.    Integrated Financial Operations: Budgeting, Procurement Process,
               and Value Tracking                                                                     and Value Tracking
               Pengembangan dashboard untuk pengelolaan anggaran secara                               Developing dashboard for integrated budget management,
               terintegrasi yang mencakup proses perencanaan anggaran,                                encompassing budget planning, budget realization, budget control,
               realisasi anggaran, kontrol anggaran, dan value tracking (mengukur                     value tracking (measuring business revenue versus budget
               tingkat pendapatan dari bisnis dengan anggaran yang dikeluarkan),                      expenditures), and procurement process.
               dan proses procurement.
          3. Integrasi Pengelolaan Asuransi (RIMA - Raya Insurance Monitoring                   3.    Integration of Insurance Management (RIMA).
               Application)



Pengelola Divisi TI
IT Division Management

Divisi TI Bank Raya terbagi menjadi:                                                      Bank Raya’s IT Division is divided into:
a) Divisi Application, Strategy & Architecture yang terdiri dari 7 (tujuh)                a) Application, Strategy & Architecture Division, consisting of 7 (seven)
     bagian dan berfungsi sebagai tim pengembangan aplikasi Bank Raya                         divisions and serving as end-to-end development team for Bank Raya’s
     secara end to end. Divisi ini bertugas melakukan seluruh pengembangan                    applications. This division is in charge of carrying out all end-to-end
     secara end to end serta menyusun seluruh kebijakan terkait teknologi                     development and compiling all policies related to information technology.
     informasi.
b) Divisi IT Infrastructure yang terdiri dari 5 (lima) bagian dan berfungsi                b) IT Infrastructure Division, consisting of 5 (five) divisions and serving as
     sebagai tim pengelolaan dan operasional teknologi informasi baik                         the management and operations team for information technology,
     dari sisi jaringan komunikasi, infrastruktur dan security.                               including communication networks, infrastructure, and security.
c) Desk Enterprise Data Management yang terdiri dari 3 (tiga) bagian                      c) Enterprise Data Management Desk, consisting of 3 (three) divisions
     dan berfungsi sebagai tim pengelolaan & pengembangan platform                            and serving as data platform management and development team,
     data, operasional data management, penyediaan data ad hoc maupun                         data management operations, ad hoc data provision and reporting,
     untuk keperluan pelaporan, pengembangan kebijakan terkait data,                          data-related policy development, and data processing and analysis
     serta pengolahan dan analisa data untuk menghasilkan insight maupun                      to generate insights and recommendations related to business needs.
     rekomendasi terkait keperluan bisnis.

Pengembangan SDM TI                                                                       IT HC Development

                                                                                                 Jumlah Peserta
                                             Pendidikan/Pelatihan                                                        Penyelenggara             Tanggal Pelaksanaan
     No                                                                                            Number of
                                              Education/Training                                                           Organizer                       Date
                                                                                                   Participants

 1             Bootcamp BFLP BNLP IT 2025                                                                  3        Bank Raya                    3-7 November 2025
                                                                                                                                                 November 3-7, 2025
 2             Cyber Risk Management Fundamentals                                                          1        CRMS Indonesia               25 s.d 26 September 2025
                                                                                                                                                 September 25-26, 2025
 3             E-Learning Data Security                                                                  609        Bank Raya                    11-31 Agustus 2025
               E-Learning on Data Security                                                                                                       August 11-31, 2025




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        Performance Highlights                       Management Report                       Company Profile                       Overview of Business Support Units




                                                                                             Jumlah Peserta
                                       Pendidikan/Pelatihan                                                           Penyelenggara           Tanggal Pelaksanaan
  No                                                                                           Number of
                                        Education/Training                                                              Organizer                     Date
                                                                                               Participants

 4     E-Learning Environmental, Social, dan Governance (ESG)                                       503          Bank Raya                  1-31 Agustus 2025
       E-Learning on Environmental, Social, dan Governance (ESG)                                                                            August 1-31, 2025
 5     Keikutsertaan Certified Data Analyst Professional (CDAP)                                       2          Sharing Vision             06 s.d 10 Oktober 2025
       Participation in Certified Data Analyst Professional (CDAP)                                                                          October 6-10, 2025
 6     Keikutsertaan Training & Certified TOGAF Enterprise Architecture                               2          ATD Learning               02 s.d 05 Juni 2025
       Participation in TOGAF Enterprise Architecture Training & Certification                                                              June 2-5, 2025
 7     Oracle Database 19C Administration Workshop (OD-19C-AW) + Exam                                 3          Trainocate Indonesia       17-21 November 2025
                                                                                                                                            November 17-21, 2025
 8     Pelaksanaan Seminar Environmental, Social, and Governance (ESG) Tahun 2025                    95          Bank Raya                  23 Oktober 2025
       Implementation of Environmental, Social, and Governance (ESG) Seminar in 2025                                                        October 23, 2025
 9     Pelatihan CompTIA Advanced Security Practitioner (CompTIA CASP+)                               1          BISA.AI Academy            1 November 2025
       Training on CompTIA Advanced Security Practitioner (CompTIA CASP+)                                                                   November 1, 2025
 10    Public Course Robotic Process Automation (RPA)                                                 7          Transform Manpower         20 - 21 Desember 2025
       Public Course on Robotic Process Automation (RPA)                                                         Indonesia                  December 20-21, 2025
 11    Raya Insight Fest - Driving Growth Through Product Innovation                                197          Bank Raya                  23 September 2025
                                                                                                                                            September 23, 2025
 12    Seminar Perlindungan Data Pribadi                                                            242          Bank Raya                  6 Februari 2025
       Seminar on Personal Data Protection                                                                                                  February 6, 2025
 13    Sosialisasi Internal Control over Financial Reporting (ICoFR)                                 23          Bank Raya                  22 - 23 Juli 2025
       Dissemination of Internal Control over Financial Reporting (ICoFR)                                                                   July 22-23, 2025
 14    Training Agile Way of Working                                                                 48          VIS Consulting             3-7 November 2025
       Training on Agile Way of Working                                                                                                     November 3-7, 2025
 15    Training Certified Data Management Professionals (CDMP)                                        1          Sharing Vision             12 s.d 15 Agustus 2025
       Training on Certified Data Management Professionals (CDMP)                                                                           August 12-15, 2025
 16    Training Python for Data Science                                                               1          Haktiv8                    17 Maret-21 Mei 2025
       Training on Python for Data Science                                                                                                  March 17-May 21, 2025
       Grand Total                                                                                1.738




Program Prioritas Pengembangan TI Tahun 2025
IT Development Priority Programs in 2025

Sejak tahun 2021, transformasi model bisnis yang diterapkan oleh Bank                  Since 2021, the transformation of business model implemented by Bank
Raya menuntut Bank untuk senantiasa melakukan perbaikan dan penyesuaian                Raya has required the Bank to continuously improve and adjust various
pada berbagai aspek terutama terkait penerapan TI untuk dapat memberikan               aspects, particularly those related to IT implementation, to fully support the
dukungan penuh dalam rangka menunjang model bisnis baru yang                           new business model carried out by the Bank. In relation to such matter,
dijalankan oleh Bank. Terkait dengan hal tersebut, Bank Raya telah                     Bank Raya has made adjustments with priority programs set by the Bank
melakukan proses penyesuaian di mana untuk tahun 2025 program prioritas                for 2025 including:
yang ditetapkan oleh Bank antara lain:
1. Digital Collection Enhancement: Accelerating Collection through Third               1.  Digital Collection Enhancement: Accelerating Collection through Third
     Party                                                                                 Party
2. Developing Integrated Human Capital Information System (Talent                      2. Developing Integrated Human Capital Information System (Talent
     Management, Performance Management, and Talent Development)                           Management, Performance Management, and Talent Development)
3. Developing Protection System for Raya Transaction                                   3. Developing Protection System for Raya Transaction
4. Advanced Beyond Banking Development: Saku Bisnis Enhancement                        4. Advanced Beyond Banking Development: Saku Bisnis Enhancement
     & Integration                                                                         & Integration
5. Developing Raya Paylater: New Features for Payment & Transaction                    5. Developing Raya Paylater: New Features for Payment & Transaction
6. Transaction Booster: Build Transaction Features for Ecosystem (Biller,              6. Transaction Booster: Build Transaction Features for Ecosystem (Biller,
     QRIS CPM, etc)                                                                        QRIS CPM, etc)
7. Aplikasi Raya Development as Integrated Banking App                                 7. Aplikasi Raya Development as Integrated Banking App
8. Building Integrated Banking System using New Technology: Enterprise                 8. Building Integrated Banking System using New Technology: Enterprise
     Service Bus                                                                           Service Bus
9. Pengembangan Data Analytics meliputi Platform Self-service Data                     9. Developing Data Analytics, including Self-Service Data Analytics
     Analytics dan Complex Data Analytics                                                  Platform and Complex Data Analytics
10. Melakukan pengembangan teknologi Fraud Detection System                            10. Developing Fraud Detection System technology
11. Credit Scoring Enhancement                                                         11. Credit Scoring Enhancement
12. Pengembangan Kartu Debit Visa                                                      12. Developing Visa Debit Card




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       Analisis dan Pembahasan Manajemen                  Tata Kelola Perusahaan                 Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis                 Good Corporate Governance              Sustainability Report                 Audited Financial Report




Tata Kelola TI Tahun 2025
IT Governance in 2025

Dalam rangka mendorong percepatan transformasi digital di Bank Raya              To accelerate digital transformation at Bank Raya, it is necessary to improve
dibutuhkan penyempurnaan pengaturan yang mencakup aspek data,                    regulatotions that cover aspects of data, technology, risk management,
teknologi, manajemen risiko, kolaborasi dan tatanan institusi. Untuk             collaboration, and institutional order. To support this, a regulatory revolution
mendukung hal tersebut, diperlukan revolusi pengaturan yang diharapkan           is needed, which is expected to further improve the resilience and maturity
dapat lebih meningkatkan ketahanan dan kematangan operasional Bank               of Bank’s operations in all aspects of Information Technology (IT)
dalam seluruh aspek penyelenggaraan Teknologi Informasi (TI) melalui             implementation through IT Governance.
IT Governance atau Tata Kelola Teknologi Informasi.

Selanjutnya, pengembangan IT Governance Bank Raya bertujuan untuk                Furthermore, the development of Bank Raya’s IT Governance aims to
mendukung kinerja operasional dan bisnis Bank. Adapun kebijakan IT               support the Bank’s operational and business performance. Bank Raya’s IT
Governance Bank Raya mencakup 5 (lima) aspek penting, yakni penetapan            Governance policy covers 5 (five) important aspects, which are determining
peran TI, perencanaan TI, kerangka kerja proses dan organisasi TI, pengelolaan   the roles of IT, IT planning, IT process and organizational frameworks, project
proyek, pengelolaan risiko TI, serta penerapan IT Governance di sisi             management, IT risk management, and the implementation of IT Governance
infrastruktur maupun aplikasi. Keberadaan IT Governance atau Tata Kelola         on infrastructure and application side. The Bank believes that the existence
TI dinilai dapat dimanfaatkan oleh Bank untuk meningkatkan efisiensi             of IT Governance can be utilized to improve the efficiency of operational
kegiatan operasional dan mutu pelayanan Bank kepada nasabah. Teknologi           activities and the quality of Bank’s services to customers. Information
Informasi (TI) diharapkan untuk menjadi strategic enabler dan partner bagi       Technology (IT) is expected to be a strategic enabler and partner for the
pengembangan bisnis Bank.                                                        Bank’s business development.

Sehubungan dengan hal tersebut, secara bertahap Bank melakukan proses            Accordingly, the Bank gradually updates and adjusts its policies in relation
pembaruan dan penyesuaian kebijakan di lingkungan TI, antara lain:               to IT, including:
1. Pedoman Pelaksanaan Adopsi Teknologi Cloud                                    1. Guidelines for Implementing Cloud Technology Adoption
2. Pedoman Pelaksanaan Data Quality                                              2. Guidelines for Implementing Data Quality
3. Kebijakan Umum Tata Kelola Teknologi Informasi                                3. General Policy for Information Technology Governance
4. Pedoman Pelaksanaan Data Storage & Operations                                 4. Guidelines for Implementing Data Storage & Operations
5. Pedoman Pelaksanaan Manajemen Insiden Keamanan Siber                          5. Guidelines for Implementing Cybersecurity Incident Management
6. Pedoman Pelaksanaan Metadata Management                                       6. Guidelines for Implementing Metadata Management



Memastikan Kualitas Layanan Melalui Peningkatan Kapabilitas
Ensuring Service Quality Through Capability Development

Dalam upaya meningkatkan kualitas layanan, Divisi IT Infrastructure Bank         To improve service quality, Bank Raya’s IT Infrastructure Division implements
Raya menerapkan strategi penguatan kapabilitas TI melalui optimalisasi           strategies to strengthen IT capabilities through optimizing cloud computing,
cloud computing, peningkatan kompetensi SDM, serta adopsi budaya                 developing HC competencies, and adopting DevSecOps culture. These
DevSecOps. Langkah ini ditujukan untuk menciptakan operasional yang              steps are aimed at creating secure, efficient, and regulatory-compliant
aman, efisien, dan patuh terhadap regulasi. Komitmen tersebut diwujudkan         operations. Such commitment is realized through IT infrastructure management,
melalui pengelolaan infrastruktur TI yang meliputi:                              which includes:
•   Implementasi Capacity Management yang selaras dengan kebutuhan               •    Implementation of Capacity Management in line with business expansion
    ekspansi bisnis.                                                                  needs.
•   Pemeliharaan dan peremajaan perangkat infrastruktur TI secara                •    Maintenance and rejuvenation of IT infrastructure devices on a regular
    berkala.                                                                          basis.
•   Penjaminan ketersediaan (availability) infrastruktur TI yang andal dan       •    Guaranteed availability of reliable and sustainable IT infrastructure.
    berkelanjutan.



Restrukturisasi Manajemen Data Center
Data Center Management Restructuring

Pengelolaan Data Center Bank Raya menjadi tanggung jawab utama                   Bank Raya’s Data Center management is under the primary responsibility
Divisi IT Infrastructure, yang memastikan penyelarasan operasional dengan        of IT Infrastructure Division, which ensures operational alignment with the
strategi bisnis Bank. Dalam upaya memberikan layanan prima bagi seluruh          Bank’s business strategy. To provide excellent service to all stakeholders,
pemangku kepentingan, kami secara berkelanjutan meningkatkan                     we continuously improve infrastructure scalability, strengthen information
skalabilitas infrastruktur, memperkuat keamanan informasi, serta menjamin        security, and ensure compliance with applicable regulations.
kepatuhan terhadap regulasi yang berlaku.

Selama lima tahun terakhir, Bank Raya telah mengadopsi arsitektur hybrid         Over the past five years, Bank Raya has adopted hybrid cloud architecture
cloud dengan pusat data yang berlokasi di Indonesia. Operasional ini             with data centers located in Indonesia. These operations are supported by
didukung oleh kekuatan 33 talenta internal serta kolaborasi dengan mitra         a strong team of 33 internal talents and collaboration with strategic partners
strategis (3rd party vendors) untuk memastikan pemantauan dan keamanan           (third-party vendors) to ensure 24x7 system monitoring and security. The
sistem selama 24x7. Efektivitas pengelolaan ini dikawal ketat melalui Key        effectiveness of this management is closely monitored through Division’s
Performance Indicator (KPI) Divisi yang berorientasi pada jaminan                Key Performance Indicators (KPIs) oriented towards ensuring service
ketersediaan layanan (availability).                                             availability.




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        Performance Highlights                   Management Report                     Company Profile                       Overview of Business Support Units




Proses Governansi Terkait Isu TI
Governance Process Related to IT Issues

Governansi TI Bank Raya merupakan kerangka kerja yang dirancang untuk            Bank Raya’s IT Governance is a framework designed to ensure that the use
memastikan bahwa penggunaan Teknologi Informasi dapat mendukung                  of Information Technology supports business objectives, complies with
tujuan bisnis, mematuhi regulasi, dan memberikan nilai tambah bagi Bank.         regulations, and adds value to the Bank. IT governance management is
Pengelolaan Governansi TI bagi perusahaan merupakan hal yang penting             an important matter for the Company as policies and procedures are the
karena kebijakan dan prosedur merupakan dasar bagi perusahaan untuk              foundation for its operations. Good policy and procedure management
menjalankan aktivitasnya. Pengelolaan kebijakan dan prosedur yang baik           ensures that provisions are consistently aligned with one another, always
akan membuat ketentuan senantiasa selaras satu dengan lainnya, selalu            up-to-date, and have standardized content that is easy to understand.
terkini, dan memiliki konten yang terstandar sehingga mudah dipahami.

Hierarki kebijakan dan prosedur disusun ke dalam suatu piramida yang             The hierarchy of policies and procedures is arranged into a pyramid based
berlandaskan pada Good Corporate Governance dan Core Value. Posisi               on Good Corporate Governance and Core Values. The highest position
yang tertinggi (puncak piramida) adalah ketentuan yang bersifat high             (top of the pyramid) is a high-level provision that serves as an umbrella of
level dan memiliki posisi sebagai payung ketentuan. Posisi ketentuan yang        provisions. The lower position (below) of the provisions is a derivative
lebih rendah (dibawahnya) merupakan turunan ketentuan yang selaras               provision in line (not contradictory) with the provisions above them (higher
(tidak bertentangan) dengan ketentuan di atasnya (hierarki yang lebih            hierarchy). Based on the hierarchy of established policies and procedures,
tinggi). Berdasarkan hierarki kebijakan dan prosedur yang telah ditetapkan,      the arrangement of policies and procedures that are lower in position
maka susunan kebijakan dan prosedur yang posisinya lebih rendah                  explains the provisions above them in more detail. The hierarchy of policies
menjelaskan ketentuan di atasnya secara lebih terperinci. Hierarki kebijakan     and procedures is as follows:
dan prosedur adalah sebagai berikut:
1. Kebijakan Umum                                                                1.   General Policy
     Ketentuan tertulis yang bersifat high level, strategis dan jangka panjang        High-level, strategic, and long-term written provisions (unlikely to
     (tidak cepat berubah) yang menjadi landasan pokok dalam pelaksanaan              change quickly) that serve as the main basis for implementing the
     kegiatan Bank.                                                                   Bank’s operations.
2. Pedoman Pelaksanaan                                                           2.   Implementation Guidelines
     Ketentuan yang berisikan ketentuan dan atau prosedur sebagai                     Provisions containing provisions and/or procedures as an elaboration
     penjabaran dari Kebijakan. 1) Bersifat operasional; 2) Mengatur aktivitas        on the Policy. 1) Operational in nature; 2) Regulate end-to-end process
     end to end proses secara umum untuk suatu produk, layanan atau                   activities in general for a product, service, or operational activity of the
     aktivitas/kegiatan operasional Bank.                                             Bank.
3. Standar Operasional Prosedur                                                  3.   Standard Operating Procedure
     Ketentuan yang mengatur tahapan proses atau teknis pelaksanaan                   Provisions that regulate the stages of process or technical implementation
     dari suatu produk/prosedur, Perjanjian Kerjasama (PKS) atau Keputusan            of a product/ procedure, Cooperation Agreement (PKS) or Decision
     Direksi/Direktur/SEVP. 1) Menjelaskan teknis pelaksanaan dari produk/            of the Board of Directors/ Director/ SEVP. 1) Explain technical
     prosedur tertentu; 2) Dapat berupa proses di sistem, alur proses kerja/          implementation of a particular product/ procedure; 2) Can be in the
     flowchart atau bentuk lainnya dengan fundamental kebijakan berupa                form of a process in the system, work process flow/ flowchart, or other
     Good Corporate Governance dan Core Value.                                        forms with fundamental policy of Good Corporate Governance and
                                                                                      Core Values.

Keterangan:                                                                      Description:
1. Hierarki kebijakan dan prosedur berlandaskan Good Corporate                   1. Hierarchy of policies and procedures is based on Good Corporate
    Governance dan Core Value yang menjadi landasan bagi seluruh                     Governance and Core Values, which serve as the basis for all activities
    aktivitas di Bank Raya. Kedua aspek ini berisi prinsip-prinsip tata kelola       at Bank Raya. These two aspects contain corporate governance principles
    perusahaan yang sesuai dengan ketentuan regulator dan sesuai                     that are in accordance with regulatory requirements and the vision and
    dengan visi dan misi yang ingin dicapai oleh Perusahaan.                         mission that the Company wants to achieve.
2. Semakin tinggi hierarki maka ketentuan semakin bersifat umum yang             2. The higher the hierarchy, the more general the provisions, containing
    memuat prinsip-prinsip dasar dalam pengelolaan perusahaan. Semakin               basic principles of corporate management. The lower the provisions,
    rendah ketentuan maka semakin bersifat khusus dan lebih mengatur                 the more specific and more technical matters are regulated in particular
    hal-hal yang bersifat teknis pada suatu aktivitas bisnis atau operasional        business or operational activities.
    tertentu.
3. Ketentuan yang diperlukan dan bersifat mendesak yang tidak                    3.   Provisions that are necessary and urgent, that cannot be accommodated
    memungkinkan diakomodir pengaturannya dengan segera melalui                       immediately through implementation guidelines and are temporary,
    pedoman pelaksanaan serta bersifat sementara dapat dituangkan                     can be stated in the form of Implementation Instructions. Implementation
    dalam bentuk Petunjuk Pelaksanaan. Petunjuk Pelaksanaan, Petunjuk                 Instructions, Technical Instructions, and Division/Desk Letters are only
    Teknis, Surat Divisi/Desk hanya bersifat sementara (< 1 tahun) sebelum            temporary (< 1 year) before being standardized in a provision.
    dibakukan dalam suatu ketentuan.




170 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                 Tata Kelola Perusahaan                Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis                Good Corporate Governance             Sustainability Report                 Audited Financial Report




Rencana Pengembangan TI Tahun 2026
IT Development Plan for 2026

Dalam rangka mendukung pengembangan fitur sekaligus kapabilitas Bank             To support the development of Bank Raya’s features and capabilities in
Raya sesuai dengan target dan strategi bisnis dengan pengembangan                accordance with business targets and strategies, capability features are
fitur kapabilitas secara internal serta interkoneksi antara partner bisnis dan   developed internally, and interconnections are established between
pihak ketiga.                                                                    business partners and third parties.
1. Pengembangan Wealth Management: Investasi Emas, Reksadana,                    1. Wealth Management Development: Investment in Gold, Mutual Funds,
      dan Instrumen Wealth Management lainnya.                                       and Other Wealth Management Instruments.
2. Pengembangan Gamifikasi Menabung dengan Fitur “If This Then Save”             2. Development of Savings Gamification with the "If This, Then Save"
                                                                                     Feature.
3.   Optimalisasi Digital Contactless Payment: QRIS Tap to Pay dengan            3. Optimization of Digital Contactless Payments: QRIS Tap to Pay with
     NFC                                                                             NFC.
4.   Otomasi Proses Layanan Customer Service dengan Menggunakan                  4. Automation of Customer Service Processes Using LLM (Large Language
     Teknologi LLM (Large Language Model)                                            Model) Technology.
5.   Pengembangan Carbon Footprint di Aplikasi Raya                              5. Carbon Footprint Development in Aplikasi Raya.
6.   Cyber Hygiene Program                                                       6. Cyber ​​Hygiene Program.




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      Performance Highlights     Management Report   Company Profile     Overview of Business Support Units




                   ANALISIS DAN
         PEMBAHASAN MANAJEMEN
                                 Management Analysis and Discussion
172 PT Bank Raya Indonesia Tbk
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Management Discussion and Analysis   Good Corporate Governance         Sustainability Report                Audited Financial Report




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        Ikhtisar Kinerja                         Laporan Manajemen                            Profil Perusahaan                      Tinjauan Pendukung Bisnis
        Performance Highlights                   Management Report                            Company Profile                        Overview of Business Support Units




Tinjauan Perekonomian
Economic Overview

Tinjauan Perekonomian Dunia
Overview of the World Economy

Ekonomi dunia menghadapi tantangan perlambatan pertumbuhan dengan                      The global economy faced the challenge of lower growth amid high
ketidakpastian yang tinggi selama tahun 2025. Kenyataan ini terutama                   uncertainty throughout 2025. This condition was primarily influenced by
dipengaruhi oleh ketegangan geopolitik dunia yang meningkat yang                       escalating global geopolitical tensions arising from the ongoing conflict
disebabkan oleh belum usainya perang Rusia dan Ukraina. Selain itu,                    between Russia and Ukraine. In addition, the escalation of political tensions
eskalasi ketegangan politik di Timur Tengah akibat serangan israel ke                  in the Middle East following Israel’s attacks on Palestine further exerted
Palestina juga berpengaruh terhadap perekonomian dunia.                                pressure on the global economy.

Selain itu, faktor lain yang mempengaruhi ekonomi dunia adalah perang                  Furthermore, another factor influencing global economic conditions was
dagang yang dilancarkan Presiden Amerika Serikat (AS) Donald Trump                     the trade war initiated by the President of the United States (US), Donald
pada 2 April 2025 dengan pengenaan tarif impor universal sebesar 10%                   Trump, on April 2, 2025, through the imposition of a universal import tariff
atas semua barang yang masuk ke AS. Selain itu, AS juga mengenakan                     of 10% on all goods entering the US. Besides, the US also imposed substantially
tarif resiprokal yang sangat tinggi kepada 57 negara mitra dagang termasuk             high reciprocal tariffs on 57 trading partner countries, including China,
Tiongkok, Kanada, Meksiko, dan Uni Eropa.                                              Canada, Mexico, and the European Union.

Liberation Day atau pengenaan tarif impor sepihak yang dilakukan oleh                  Liberation Day, or the unilateral imposition of import tariffs by Trump, is
Trump tersebut dimaksudkan untuk melindungi industri dan mengatasi                     intended to protect industry and address the trade deficit resulting from
defisit neraca perdagangan akibat kurang berdaya saing dalam perdagangan               limited competitiveness in multilateral trade. Consequently, several major
multilateral. Akibatnya, sejumlah negara besar seperti Kanada, Tiongkok                countries, such as Canada, China, and the European Union, announced
dan Uni Eropa mengumumkan tarif balasan dan karenanya perang dagang                    retaliatory tariffs, thereby intensifying trade tensions among countries.
antarnegara semakin memanas.

Perang dagang dan ketegangan geopolitik tersebut menyebabkan                           The trade war and geopolitical tensions have led to increased uncertainty
meningkat tingginya ketidakpastian pasar keuangan global. Hal dapat                    in global financial markets. This is evident in the outflow of capital from
dilihat dari aliran modal keluar dari Emerging Market dan bergeser ke aset             emerging markets and a shift to safe-haven assets, one of which is gold.
yang dianggap aman (safe haven assets) salah satunya emas. Menurut                     According to World Bank data, the average gold price for December 2025
data World Bank, rata-rata harga emas untuk bulan Desember 2025                        reached US$4,309.23/troy oz. This price achievement is 62.73% higher
mencapai US$4.309,23/troy oz. Capaian harga ini lebih tinggi 62,73% yoy                year-on-year compared to the same period in 2024, which was US$2,648.01/
dibandingkan periode yang sama tahun 2024 sebesar US$2.648,01 /troy                    troy oz. Gold has become the most attractive commodity amid global
oz. Emas menjadi komoditas yang paling menarik ditengah ketidakpastian                 economic uncertainty.
ekonomi dunia.




                                                  Grafik Perkembangan Harga Minyak dan Emas Dunia
                                                        Chart of Global Oil and Gold Price Trends

                                      140,00                                                                              5.000,00


                                                                                                                          4.500,00
                                      120,00
                                                                                                                          4.000,00

                                      100,00                                                                              3.500,00


                                                                                                                          3.000,00
                                       80,00

                                                                                                                          2.500,00

                                       60,00
                                                                                                                          2.000,00


                                                                                                                          1.500,00
                                       40,00

                                                                                                                          1.000,00
                                       20,00
                                                                                                                          500,00


                                           -                                                                              -
                                               Jan20
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                                               Mei20
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                                               Sep20
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                                                              Crude Oil, WTI ($/bbl)       Gold ($/troy oz) - (RHS)


                                               Sumber: World Bank, diolah | Source: World Bank, processed

Selain berdampak pada harga komoditas dunia, pengenaan tarif impor                     In addition to impacting global commodity prices, Trump's unilateral import
sepihak yang dilakukan oleh Trump dan ketegangan geopolitik di Kawasan                 tariffs and geopolitical tensions in the Middle East, along with their negative
Timur Tengah tersebut beserta dampak negatif yang ditimbulkannya terhadap              impact on the global economy, have led to the depreciation of developing
ekonomi dunia berdampak pada depresiasi mata uang negara berkembang                    countries' currencies against the US dollar. Due to fluctuations in capital
terhadap Dollar AS. Akibat fluktuasi aliran modal ke emerging market termasuk          flows to emerging markets, including Indonesia, the Rupiah weakened
Indonesia, Rupiah ditransaksikan melemah terhadap Dollar AS sebesar 3,40%              against the US dollar by 3.40% year-on-year to Rp16,132 as of December
yoy menjadi Rp16.132 per Desember 2025. Yuan Tiongkok dilaporkan                       2025. The Chinese Yuan reportedly closed up 4.25% against the US dollar
akhirnya ditutup menguat terhadap Dollar AS sebesar 4,25% menjadi CNY6,99              to CNY6.99 as of December 2025. European currencies also strengthened
per Desember 2025. Mata uang Eropa juga mengalami penguatan terhadap                   against the US dollar by 11.85% year-on-year to EUR0.85.
Dollar AS sebesar 11,85% yoy menjadi EUR0,85.


174 PT Bank Raya Indonesia Tbk
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                  Grafik Kurs Rupiah Terhadap USD                                                                      Grafik Kurs EUR dan CNY Terhadap USD
              Chart of Rupiah Exchange Rate against USD                                                           Chart of EUR and CNY Exchange Rates against USD
  180.000                                                                         17.000                 1,20                                                                           7,60

  160.000                                                                         16.500                                                                                                7,40
                                                                                                         1,00
                                                                                                                                                                                        7,20
  140.000                                                                         16.000
                                                                                                                                                                                        7,00
  120.000                                                                         15.500                 0,80
                                                                                                                                                                                        6,80
  100.000                                                                         15.000
                                                                                                         0,60                                                                           6,60
   80.000                                                                         14.500
                                                                                                                                                                                        6,40

   60.000                                                                         14.000                 6,40
                                                                                                                                                                                        6,20

   40.000                                                                         13.500                                                                                                6,00
                                                                                                         0,20
   20.000                                                                         13.000                                                                                                5,80

                                                                                                         0,00                                                                           5,60
       0                                                                          12.500
            Jan21
            Mar21
            Mei21
             Jul21
            Sep21
            Nov21
            Jan22
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            Mei22
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            Mei24
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                                                                                                                Jan21
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                                                                                                                Agu25
                                                                                                                Nov25
             Cadangan Devisa (USD Miliar)                 Kurs Rupiah (RHS)
             Foreign Exchange Reserves (USD Billion)      Rupiah Exchange Rate (RHS)                                                        EUR       CNY - (RHS)


                                                  Sumber: BI dan Bloomberg, diolah | Source: BI and Bloomberg, processed


Hingga kuartal terakhir 2025, menurut Bank Indonesia, perekonomian                                      As of the final quarter of 2025, according to Bank Indonesia, the global
global dalam tren melambat akibat dampak tarif AS yang mendorong                                        economy will continue to slow down due to the impact of US tariffs, which
ketidakpastian tetap tinggi. AS dilaporkan kembali mengenakan tambahan                                  will cause continued high uncertainty. The US was reported to have
tarif kepada sektor farmasi, mebel, dan otomotif sejak 1 Oktober 2025 serta                             reimposed additional tariffs on the pharmaceutical, furniture, and automotive
mengumumkan rencana pengenaan tarif tambahan sebesar 100% terhadap                                      sectors effective October 1, 2025, and announced plans to levy further
produk asal Tiongkok. Berbagai indikator menunjukkan kebijakan tarif AS                                 tariffs of up to 100% on products originating from China. Various indicators
memperlemah kinerja perdagangan global, tercermin dari melambatnya                                      suggest that US tariff policies have weakened global trade performance,
ekspor dan impor di sebagian besar negara.                                                              as reflected in the slowdown of exports and imports across most countries.

Pertumbuhan ekonomi AS sendiri masih lemah sehingga mendorong                                           Economic growth in the US itself remained subdued, leading to a continued
berlanjutnya penurunan kondisi ketenagakerjaan. Ekonomi Jepang, Eropa,                                  deterioration in labor market conditions. The economies of Japan, Europe,
dan India belum kuat dipengaruhi oleh konsumsi rumah tangga, di tengah                                  and India have yet to demonstrate robust recovery driven by household
stimulus fiskal-moneter yang telah dilakukan. Sementara itu, perekonomian                               consumption, despite the implementation of fiscal and monetary stimulus
Tiongkok pada triwulan III 2025 meningkat didorong oleh stimulus fiskal.                                measures. Meanwhile, China’s economy recorded an improvement in the
Perkembangan ini berdampak pada pertumbuhan ekonomi dunia 2025                                          third quarter of 2025, supported by fiscal stimulus. These developments
yang diperkirakan tumbuh melambat oleh International Monetary Fund                                      have affected global economic growth in 2025, which has been predicted
(IMF), Organisation for Economic Co-operation and Development (OECD),                                   to slow down by the International Monetary Fund (IMF), Organisation for
dan World Bank. Ekonomi dunia diperkirakan oleh ketiga institusi terkemuka                              Economic Co-operation and Development (OECD), and World Bank. Global
tersebut masing-masing menjadi 3,3%, 3,2%, dan 2,7% pada tahun 2025.                                    economic growth in 2025 was projected at 3.3%, 3.2%, and 2.7%, respectively.




                                                                         Grafik Pertumbuhan Ekonomi Dunia
                                                                          Chart of Global Economic Growth
                                                4,0



                                                3,5              3,4
                                                          3,3                              3,3    3,3                   3,3     3,2

                                                3,0                     2,8                             2,8
                                                                                                                                      2,7

                                                2,5



                                                2,0



                                                1,5



                                                1,0



                                                0,5



                                                0%
                                                                2023                             2024                         2025

                                                                        IMF                  OECD                  World Bank

                                    Sumber: IMF, OECD, dan World Bank, diolah | Source: IMF, OECD, and World Bank, processed



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        Performance Highlights                  Management Report                        Company Profile                      Overview of Business Support Units




Tinjauan Perekonomian Indonesia
Indonesian Economic Review

Produk Domestik Bruto (PDB) Indonesia mampu tumbuh lebih kuat menjadi             Indonesia's Gross Domestic Product (GDP) experienced robust growth,
5,11% yoy pada tahun 2025 dibandingkan 5,03% yoy pada tahun 2024                  attaining 5.11% yoy in 2025, up from 5.03% yoy in 2024, despite facing the
di tengah tantangan perlambatan pertumbuhan ekonomi dunia. Kinerja                hurdles of decelerating global economic growth. This enhanced economic
ekonomi yang lebih baik tersebut terutama didukung oleh komponen PDB              performance is mainly backed by GDP elements like household consumption
seperti pengeluaran konsumsi rumah tangga, ekspor barang, dan investasi.          expenditure, exports of goods, and investments.

Pengeluaran konsumsi rumah mampu tumbuh sedikit lebih tinggi menjadi              Household consumption spending increased slightly, reaching 4.98% yoy
4,98% yoy pada tahun 2025 dibandingkan tahun sebelumnya sebesar                   in 2025, up from 4.94% yoy the prior year. This results from government
4,94% yoy. Hal ini tidak terlepas dari dukungan pemerintah, antara lain           assistance such as wage subsidies, electricity tariff reductions for specific
berupa subsidi upah, diskon tarif listrik untuk kelompok pelanggan tertentu,      customer categories, VAT waivers on airline tickets, and Income Tax
pembebasan PPN untuk tiket pesawat, dan pembebasan PPh Pasal 21                   exemptions under Article 21 for employees earning certain incomes, all
atas penghasilan tertentu untuk karyawan untuk mendongkrak daya beli              targeted at enhancing purchasing power. The rise in household consumption
masyarakat. Peningkatan pengeluaran konsumsi rumah tangga tersebut                expenditure is vital, given the substantial role of this GDP component,
sangat penting dengan mempertimbangkan kontribusi signifikan dari                 representing 52.62% of GDP in 2025.
komponen PDB ini sebesar 52,62% pada tahun 2025.




                                                                  Grafik Pertumbuhan PDB
                                                                    Chart of GDP Growth


                                 25,00%




                                 20,00%




                                 15,00%




                                 10,00%




                                  5,00%




                                  0,00%
                                             2021                2022             2023              2024               2025


                                 -5,00%
                                                    PDB Growth          PKRT Growth        PMTB Growth          EB Growth

                                               Sumber: BPS dan BI, diolah | Source: BPS and BI, processed


Selanjutnya, kenaikan PDB Indonesia juga didukung oleh ekspor yang                Furthermore, Indonesia’s GDP growth was also supported by exports, which
mampu tumbuh 7,03% yoy atau tertinggi di antara komponen PDB lainnya.             recorded growth of 7.03% yoy or the highest among all GDP components.
Capaian ini didukung oleh nilai ekspor pada tahun 2025 yang mencapai              This performance was underpinned by export values reaching US$282.91
US$282,91 miliar atau naik sebesar 6,15% yoy berdasarkan data BPS.                billion in 2025 or increased by 6.15%yoy based on BPS data. Meanwhile,
Sementara itu, impor dilaporkan tumbuh lebih rendah sebesar 2,83% yoy             imports were reported to grow at a lower rate of 2.83% yoy to US$241.86
menjadi US$241,86 miliar. Ekspor yang mampu tumbuh lebih tinggi                   billion. Export growth that outpaced imports had a positive impact on the
dibandingkan impor tersebut berdampak positif terhadap capaian neraca             trade balance, which recorded a surplus of US$41.05 billion, representing
perdagangan yang mencapai US$41,05 miliar dengan kenaikan signifikan              a significant increase of 31.03% yoy.
sebesar 31,03% yoy.

Faktor pendukung pertumbuhan PDB lainnya adalah investasi yang                    Another supporting factor for GDP growth is investment, as indicated by
ditunjukkan dengan Pembentukan Modal Tetap Domestik Bruto (PMTB)                  Gross Domestic Fixed Capital Formation (PMTB), which will increase by
dengan kenaikan sebesar 5,09% yoy pada tahun 2025 dibandingkan                    5.09% year-on-year in 2025 compared to 3.97% year-on-year in the previous
dengan 3,97% yoy pada tahun sebelumnya. Pertumbuhan investasi ini                 year. This investment growth is in line with the 12.66% year-on-year increase
sejalan dengan kenaikan realisasi investasi sebesar 12,66% yoy menjadi            in investment realization to Rp1,931.2 trillion in 2025. Of this amount, domestic
Rp1.931,2 triliun pada tahun 2025. Dari jumlah tersebut, realisasi penanaman      investment (PMDN) will reach Rp1,030.3 trillion, while foreign investment
modal dalam negeri (PMDN) mencapai Rp1.030,3 triliun sedangkan realisasi          will reach Rp900.9 trillion, according to data from the Ministry of Investment
penanaman modal asing senilai Rp900,9 triliun berdasarkan data dari               and Downstream Investment/BKPM.
Kementerian Investasi dan Hilirisasi/BKPM.




176 PT Bank Raya Indonesia Tbk
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Sementara itu, dari sisi lapangan usaha, pertumbuhan ekonomi Indonesia           In 2025, Indonesia's economic growth was bolstered by the manufacturing
pada tahun 2025 didukung oleh industri pengolahan yang meningkat                 sector, which exhibited a yoy increase of 5.30%, while the agriculture,
5,30% yoy diikuti oleh sektor pertanian, kehutanan, dan perikanan sebesar        forestry, and fisheries sectors experienced a growth of 5.33% yoy. These
5,33% yoy. Kontribusi kedua lapangan usaha tersebut masing-masing                two sectors accounted for 20.31% and 11.36%, respectively. Additional
sebesar 20,31% dan 11,36%. Sektor lain yang berhasil mencatatkan                 sectors that showed greater growth include wholesale and retail trade,
pertumbuhan lebih tinggi adalah perdagangan besar dan eceran, reparasi           along with automotive and motorcycle repair, which increased by 5.49%
mobil dan motor yang tumbuh 5,49% yoy diikuti oleh sektor informasi dan          yoy, while the information and communications sector expanded by 8.35%
komunikasi sebesar 8,35% yoy. Kedua sektor tersebut berkontribusi terhadap       yoy. In 2025, these two sectors are expected to account for 13.07% and
PDB masing-masing sebesar 13,07% dan 6,93% pada tahun 2025.                      6.93% of GDP, respectively.

Indikator makroekonomi lainnya yang berpengaruh terhadap ekonomi                 Another macroeconomic factor affecting the Indonesian economy in 2025
Indonesia sepanjang tahun 2025 adalah kecenderungan kenaikan inflasi             is the rising inflation trend that has been observed since March. At the end
yang terjadi sejak bulan Maret. Pada akhir tahun 2025, inflasi mencapai          of 2025, inflation hit 2.92%, in contrast to 1.57% recorded in December
2,92% dibandingkan sebesar 1,57% pada bulan Desember 2024. Menurut               2024. Bank Indonesia (BI) reported that inflation for volatile foods (VF)
BI, inflasi kelompok volatile food (VF) masih relatif tinggi sebesar 5,48% yoy   stayed quite elevated at 5.48% yoy, mainly influenced by shallots, which
disumbang terutama oleh komoditas bawang merah seiring pasokan yang              faced supply constraints stemming from weather issues and increasing
terbatas akibat gangguan cuaca dan kenaikan harga benih.                         seed costs.

Meski demikian, inflasi masih dalam kisaran target Bank Indonesia sebesar        Nonetheless, inflation stayed within Bank Indonesia's target range of 2.5+1%
2,5+1% selama tahun 2025. BI memutuskan untuk menurunkan suku bunga              for 2025. BI opted to progressively reduce the benchmark interest rate to
acuan secara bertahap menjadi 4,75% pada bulan September 2025 yang               4.75% in September 2025, a level that will remain unchanged until the end
dipertahankan hingga akhir tahun 2025 dibandingkan sebesar 6,00% pada            of 2025, down from 6.00% in December 2024. This action was implemented
bulan Desember 2024. Langkah ini dilakukan dalam rangka mendorong                to promote economic expansion by keeping inflation forecasts low and
pertumbuhan ekonomi dengan menjaga tetap rendahnya prakiraan inflasi             stabilizing the Rupiah exchange rate according to its fundamentals.
dan stabilitas nilai tukar Rupiah sesuai dengan fundamentalnya.




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        Ikhtisar Kinerja                                 Laporan Manajemen                                   Profil Perusahaan                            Tinjauan Pendukung Bisnis
        Performance Highlights                           Management Report                                   Company Profile                              Overview of Business Support Units




Tinjauan Industri Perbankan
Banking Industry Overview

Bank Umum
Commercial Bank

Di tengah pertumbuhan PDB Indonesia yang tumbuh lebih kuat sebesar                                 Despite Indonesia's robust GDP growth of 5.11% yoy in 2025, the country's
5,11% yoy pada tahun 2025, Bank Umum di Indonesia menghadapi                                       commercial banks encounter a challenge of slower loan disbursement.
tantangan penyaluran kredit yang tumbuh melambat. Menurut data Otoritas                            The banking industry saw credit disbursement rise by 9.46% yoy to Rp8,693.97
Jasa Keuangan (OJK), kredit yang disalurkan oleh industri perbankan                                trillion in 2025, according to data from the Financial Services Authority
tumbuh sebesar 9,46% yoy menjadi Rp8.693,97 triliun pada tahun 2025                                (OJK). This figure represents a decline from the 10.52% yoy growth recorded
atau lebih rendah dibandingkan dengan pertumbuhan 10,52% yoy setahun                               in the previous year. Commercial Banks' loan growth is supported by strong
sebelumnya. Pertumbuhan kredit yang disalurkan oleh Bank Umum tersebut                             capital availability, with a CAR of 25.89% that year.
didukung oleh ketersediaan modal yang kuat dengan rasio KPMM sebesar
25,89% pada tahun tersebut.

                                                                          Grafik Kinerja Industri Perbankan
                                                                        Chart of Banking Industry Performance

                                 14%                                                                                                                      14.000


                                 12%                                                                                                                      12.000


                                 10%                                                                                                                      10.000


                                 8%                                                                                                                       8.000


                                 6%                                                                                                                       6.000


                                 4%                                                                                                                       4.000


                                 2%                                                                                                                       2.000


                                 0%                                                                                                                       -
                                              2021                      2022              2023                     2024                2025
                                                   Kredit | Credit                            Aset | Asset                                  DPK | TPF
                                       Pertumbuhan Kredit | Credit Growth (LHS)   Pertumbuhan Aset | Asset Growth (LHS)          Pertumbuhan DPK | TPF Growth (LHS)


                                                                     Sumber: OJK, diolah | Source: OJK, processed


Perlambatan penyaluran kredit tersebut sejalan dengan kenaikan yang                                The decline in loan disbursement corresponds with the reduced growth
lebih rendah yang dibukukan oleh kredit modal kerja dan kredit konsumsi.                           observed in working capital loans and consumer loans. In 2025, working
Kredit modal kerja dengan kontribusi terbesar yakni 43,36% pada tahun                              capital loans, which made up the most significant portion of the loan
2025 tumbuh melambat sebesar 4,20% yoy Rp3.540,37 triliun. Pertumbuhan                             portfolio at 43.36%, increased by 4.20% yoy to Rp3,540.37 trillion. This
ini lebih rendah dibandingkan dengan 8,64% yoy pada tahun sebelumnya.                              increase is less than the 8.64% yoy growth noted in the last year. Consumer
Kredit konsumsi juga tumbuh melambat sebesar 6,58% yoy menjadi                                     loans increased by 6.58% yoy to Rp2,279.39 trillion in 2025. Last year, the
Rp2.279,39 triliun pada tahun 2025. Pada tahun sebelumnya, pertumbuhan                             annual growth of this loan was 10.60% yoy.
kredit ini mencapai 10,60% yoy.

Berbeda dengan kredit modal kerja, kredit produktif lainnya yakni kredit                           Unlike working capital loans, investment loans as another productive loan
investasi mampu tumbuh signifikan sebesar 20,96% yoy menjadi Rp2.645,22                            saw a considerable increase of 20.96% yoy, reaching Rp2,645.22 trillion.
triliun. Kenaikan ini lebih tinggi dari tahun sebelumnya sebesar 13,69%                            This rise was higher the 13.69% annual growth noted the year before.
yoy. Di tengah tantangan perlambatan penyaluran kredit tersebut, Bank                              Despite the challenge of slowing credit disbursement, Commercial Banks
Umum mampu mempertahankan pengelolaan aktiva produktif dengan                                      effectively managed their productive assets. This is evident from the gross
baik. Hal ini dapat dilihat dari rasio NPL gross sebesar 2,03% pada tahun                          NPL ratio of 2.03% in 2025. This accomplishment surpasses 2.05% from the
2025. Capaian ini lebih baik dibandingkan dengan 2,05% pada tahun                                  last year.
sebelumnya.

Meski kredit tumbuh melambat, total aset Bank Umum mampu tumbuh                                    Even with a slowdown in loan growth, the total assets of Commercial Banks
lebih kuat sebesar 9,51% yoy menjadi Rp13.646,42 triliun. Kenaikan aset                            increased notably by 9.51% yoy, reaching Rp13,646.42 trillion. This asset
ini juga lebih tinggi dari tahun sebelumnya sebesar 9,04% yoy. Sementara                           growth was also greater than the 9.04% yoy increase from the previous
itu, dari sisi liabilitas, Bank Umum mencatatkan dana pihak ketiga (DPK)                           year. In terms of liabilities, meanwhile, Commercial Banks recorded third-
senilai Rp10.057,54 triliun dengan kenaikan sebesar 13,83% yoy atau lebih                          party funds (TPF) of Rp10,057.54 trillion, which is a 13.83% yoy increase,
tinggi dibandingkan sebesar 5,98% yoy pada tahun sebelumnya. Pertumbuhan                           compared to a 5.98% yoy surge the previous year. The higher TPF growth
DPK yang lebih tinggi dibandingkan dengan kenaikan kredit mengakibatkan                            relative to loan growth led to a decline in the LDR ratio to 85.37% in 2025,
rasio LDR mengalami penurunan menjadi 85,37% pada tahun 2025                                       down from 89.90% the previous year.
dibandingkan dengan 89,90% setahun sebelumnya.




178 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                             Tata Kelola Perusahaan                               Laporan Keberlanjutan                        Laporan Keuangan Audit
       Management Discussion and Analysis                            Good Corporate Governance                            Sustainability Report                        Audited Financial Report




Dari sisi profitabilitas, meski kredit tumbuh melambat, rasio NIM Bank Umum                       Regarding profitability, although loan growth has slowed, the NIM ratio for
mampu meningkat menjadi 4,72% dibandingkan dengan 4,62% pada                                      Commercial Banks rose to 4.72%, up from 4.62% the previous year. This
tahun sebelumnya. Capaian ini selaras dengan peningkatan efisiensi                                accomplishment corresponds with the rise in operational efficiency of
operasional Bank Umum yang ditandai dengan membaiknya rasio BOPO                                  Commercial Banks, indicated by an enhancement in the BOPO ratio to
menjadi 72,96% pada tahun 2025. Pada tahun sebelumnya, rasio BOPO                                 72.96% in 2025. Last year, the BOPO ratio stood at a higher level of 81.34%.
lebih tinggi sebesar 81,34%. Selanjutnya, dipengaruhi oleh pertumbuhan                            Additionally, driven by higher asset growth relative to the current year's
aset yang lebih tinggi dibandingkan laba tahun berjalan sebelum pajak,                            profit before tax, the ROA ratio of Commercial Banks fell to 2.53% for the
rasio ROA Bank Umum berkurang menjadi 2,53% yoy pada tahun 2025                                   current year in 2025, down from 2.68% in the prior year.
dibandingkan dengan 2,68% pada tahun sebelumnya.




Kelompok Bank Bermodal Inti (KBMI) 1
Bank Group Based on Core Capital (KBMI) 1

Penjelasan terkait kelompok bank bermodal inti (KBMI) 1 ini disajikan di                          The discussion related to bank group based on core capital (KBMI) 1 in this
laporan tahunan dan laporan berkelanjutan ini berdasarkan pertimbangan                            annual report and sustainability report is presented on the basis that Bank
bahwa Bank Raya memiliki modal inti senilai Rp2,92 triliun sehingga                               Raya has core capital amounting to Rp2.92 trillion, thereby an assessment
pembahasan terkait kinerja Bank lebih relevan jika disertai pembahasan                            of the Bank’s performance is considered more relevant when accompanied
tentang perkembangan kinerja KBMI 1 dengan kepemilikan modal inti                                 by a review of performance developments within the KBMI 1 category,
sampai dengan Rp6,00 triliun.                                                                     which comprises banks with core capital of up to Rp6.00 trillion.

Perlambatan penyaluran kredit lebih dirasakan oleh sejumlah Bank Umum                             The slowdown in credit distribution was particularly noticeable among a
yang termasuk dalam kategori KBMI 1. Kredit yang disalurkan berkontraksi                          number of Commercial Banks included in the KBMI 1 category. Disbursed
sebesar 6,56% yoy menjadi Rp757,56 triliun pada tahun 2025. Capaian ini                           loan fell by 6.56% year on year to Rp757.56 trillion in 2025. This was lower
lebih rendah dibandingkan dengan tahun sebelumnya yang mampu                                      than the previous year, when loan grew by 7.44% yoy.
mencatatkan kenaikan kredit sebesar 7,44% yoy.


                                                                         Grafik Kinerja Perbankan KBMI 1
                                                                       Chart of KBMI 1 Banking Performance

                                 10%                                                                                                                       1.600

                                  8%
                                                                                                                                                           1.400

                                  6%
                                                                                                                                                           1.200
                                  4%

                                                                                                                                                           1.000
                                  2%

                                  0%                                                                                                                       800

                                 -2%
                                                                                                                                                           600

                                 -4%
                                                                                                                                                           400
                                 -6%

                                                                                                                                                           200
                                 -8%

                                -10%                                                                                                                       -
                                              2021                      2022              2023                     2024                 2025
                                                   Kredit | Credit                            Aset | Asset                                   DPK | TPF
                                       Pertumbuhan Kredit | Credit Growth (LHS)   Pertumbuhan Aset | Asset Growth (LHS)           Pertumbuhan DPK | TPF Growth (LHS)


                                                                 Sumber: OJK, diolah | Source: OJK, processed


Penurunan kredit tersebut terutama dipengaruhi oleh berkurangnya                                  The decrease in loan was mainly caused by lower disbursement across
penyaluran untuk semua jenis kredit. Kredit produktif yang terdiri dari kredit                    every loan category. Productive credit, which includes working capital and
modal kerja dan kredit investasi berkontraksi masing-masing sebesar 9,90%                         investment credit, fell by 9.90% yoy and 8.80% yoy to Rp280.53 trillion and
yoy dan 8,80% yoy menjadi Rp280,53 triliun dan Rp151,24 triliun pada                              Rp151.24 trillion, respectively, in 2025. Last year, working capital loan
tahun 2025. Pada tahun sebelumnya, kredit modal kerja berkurang 0,27%                             dropped by 0.27% compared to the previous year, whereas investment
yoy sedangkan kredit investasi mencatatkan kenaikan 12,74% yoy. Sementara                         credit saw a 12.74% rise yoy. In the meantime, consumer credit saw the
itu, kredit konsumsi mampu mencatatkan kontraksi terendah sebesar 2,34%                           smallest decline at 2.34% yoy compared to the previous year. This compares
yoy. Capaian ini berbeda dibandingkan dengan tahun sebelumnya yang                                favourably with the 12.93% yoy growth recorded in the previous year.
mampu mencatatkan pertumbuhan sebesar 12,93% yoy.




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        Ikhtisar Kinerja                        Laporan Manajemen                    Profil Perusahaan                     Tinjauan Pendukung Bisnis
        Performance Highlights                  Management Report                    Company Profile                       Overview of Business Support Units




Sejalan dengan kontraksi kredit tersebut, total aset Bank Umum dalam           Align with this loan contraction, the total assets of commercial banks in the
kategori KBMI 1 tersebut mengalami penurunan sebesar 9,55% yoy menjadi         KBMI 1 category fell by 9.55% yoy to Rp1,309.08 trillion in 2025. This is
Rp1.309,08 triliun pada tahun 2025. Kondisi ini berbeda dibandingkan           different from the asset growth of 2.15% yoy from the previous year. Overall,
dengan tahun sebelumnya yang mampu mencatatkan pertumbuhan aset                banks in the KBMI 1 category benefit from robust capital, featuring a CAR
sebesar 2,15% yoy. Secara umum, penyaluran kredit oleh Bank dalam              of 30.91%, which exceeds the industry average of 25.89%. Additionally,
kategori KBMI 1 ini didukung oleh permodalan yang kuat dengan rasio            Bank KBMI 1 has improved its management of earning assets, achieving
KPMM sebesar 30,91% atau lebih tinggi dibandingkan dengan rata-rata            an NPL ratio of 2.54% in 2025, better than 2.67% the year before
industri sebesar 25,89%. Selain itu, Bank KBMI 1 juga mampu melakukan
pengelolaan aktiva produktif lebih baik dengan rasio NPL sebesar 2,54%
pada tahun 2025 dari 2,67% pada tahun sebelumnya.

Sementara itu, dari sisi liabilitas, Bank KBMI 1 juga menghadapi tantangan     Meanwhile, Bank KBMI 1 also faced liquidity challenges on the liabilities side,
likuiditas dengan pertumbuhan dana pihak ketiga (DPK) yang mengalami           with third-party funds (TPF) contracting by 4.52% yoy to Rp930.50 trillion. In
kontraksi sebesar 4,52% yoy menjadi Rp930,50 triliun. Pada tahun sebelumnya,   the previous year, TPF had grown by 2.15% yoy. The contraction of TPF was
DPK mampu mencatatkan pertumbuhan sebesar 2,15% yoy. Kontraksi DPK             driven by a decline of 4.51% yoy in low-cost TPF (CASA) to Rp417.72 trillion,
tersebut dipengaruhi oleh penurunan DPK berbiaya rendah atau CASA              as well as a decline of 4.53% yoy in time deposits to Rp512.78 trillion. Despite
sebesar 4,51% yoy menjadi Rp417,72 triliun dan berkurangnya deposito           this, the CASA ratio remained at 44.89%. The higher loan contraction compared
berjangka sebesar 4,53% yoy menjadi Rp512,78 triliun. Meski demikian,          to the decline in TPF resulted in a reduction in the LDR ratio to 80.78% in 2025,
rasio CASA mampu dipertahankan sebesar 44,89%. Kontraksi kredit yang           down from 83.19% the previous year.
lebih tinggi dibandingkan penurunan DPK berdampak pada berkurangnya
rasio LDR menjadi 80,78% pada tahun 2025 dari 83,19% pada tahun
sebelumnya.

Di tengah kontraksi kredit pada tahun 2025, Bank KBMI 1 masih mampu            Despite the loan contraction in 2025, Bank KBMI 1 still managed to record
mencatatkan rasio NIM lebih baik sebesar 4,70% dari 4,52% pada tahun           a better NIM ratio of 4.70% than the previous year's 4.52%. This was primarily
sebelumnya. Hal ini terutama didukung oleh kenaikan pendapatan bersih          due to an increase in net income and a reduction in average total productive
dan berkurangnya rata-rata total aset produktif pada periode tersebut.         assets during the period.

Hal yang perlu diapresiasi adalah Bank KBMI 1 mampu memperbaiki                Notably, Bank KBMI 1 improved its operational performance, as evidenced
kinerja operasional yang ditunjukkan dengan rasio BOPO membaik menjadi         by the BOPO ratio, which improved to 83.50% in 2025 compared to 90.87%
83,50% pada tahun 2025 dibandingkan sebesar 90,87% pada tahun                  the previous year. This improvement in the ratio also contributed to achieving
sebelumnya. Perbaikan rasio ini turut berkontribusi terhadap pencapaian        profitability ratios; namely, the ROA improved to 1.39% from 0.92% in 2024.
rasio profitabilitas yakni ROA yang membaik menjadi 1,39% dari sebesar         The reason was this rise in profit before tax, despite a decrease in average
0,92% pada tahun 2024. Peningkatan laba sebelum pajak di tengah                total assets
penurunan rata-rata total aset menjadi penyebabnya.




Tinjauan Sektor UMKM
MSME Sector Overview

Profil UMKM Indonesia
Profile of Indonesian MSMES

Kontribusi sektor Usaha Mikro Kecil dan Menengah (UMKM) terhadap               The contribution of the Micro, Small, and Medium Enterprises (MSME) sector
perekonomian Indonesia sangat besar. Menurut data Kementerian Koperasi         to the Indonesian economy is substantial. According to data from the Ministry
dan UKM (MenKop UKM) per 31 Desember 2024, terdapat 30,18 juta unit            of Cooperatives and Small and Medium Enterprises (MenKop UKM) as of
usaha yang masuk dalam kategori UMKM. Dari jumlah tersebut, usaha              December 31, 2024, there were 30.18 million business units classified as
mikro atau entitas dengan hasil penjualan tahunan sampai dengan Rp2,0          MSMEs. From this number, micro businesses or entities with annual sales of
miliar memiliki kontribusi terbesar yakni 99,71% atau setara dengan 30,09      up to Rp2.0 billion contributed the most, namely 99.71% or equivalent to
juta unit usaha.                                                               30.09 million business units.

Kontribusi yang jauh lebih rendah masing-masing dibukukan oleh usaha           Significantly lower contributions were recorded by small and medium
kecil dan usaha menengah dengan kontribusi masing-masing sebesar               enterprises, which accounted for 0.24% and 0.05%, respectively. Small
0,24% dan 0,05%. Kategori usaha kecil yang memiliki hasil penjualan            enterprises with annual sales of more than Rp2.0 billion up to Rp15.00
tahunan lebih dari Rp2,0 miliar s/d Rp15,00 miliar mencakup 73,82 ribu         billion, comprised 73.82 thousand business units. Furthermore, medium
unit usaha. Selanjutnya, usaha menengah yang memiliki hasil penjualan          enterprises, with annual sales of more than Rp15.00 billion up to Rp50.00
tahunan lebih dari Rp15,00 miliar s/d Rp50,00 miliar melibatkan 15,31 ribu     billion, involved 15.31 thousand business units.
unit usaha.




180 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                            Tata Kelola Perusahaan                                     Laporan Keberlanjutan                     Laporan Keuangan Audit
       Management Discussion and Analysis                           Good Corporate Governance                                  Sustainability Report                     Audited Financial Report




       Jumlah UMKN berdasarkan SIDT-UMKN
       The Number of MSMEs based on SIDT-UMKN                                                                                   30.178.617
                                                                                                                                Unit Usaha | Business Units
       Jumlah UMKN Indonesia di 38 Provinsi per tanggal 31 Desember 2024 di
       luar KBL: A, O, T, dan U (usaha Pertanian; Jasa yang dikonsumsi sendiri; dan
       Badan Internasional)                                                                                                             Per 31 Desember 2024
       The number of Indonesian MSMEs in 38 Provinces as of December 31, 2024                                                          As of December 31, 2024
       outside KBL: A, O, T, and U (Agricultural businesses; Self-consumed
       services; and International Agencies)

                         Usaha Mikro                                                 Usaha Kecil                                                       Usaha Menengah
                        Micro Business                                              Small Business                                                     Medium Business

                   30.089.488 Unit Usaha
                              Business Units                                   73.816 Unit Usaha
                                                                                      Business Units                                                15.313 Unit Usaha
                                                                                                                                                           Business Units

                   Entitas yang memiliki hasil penjualan tahunan               Entitas yang memiliki hasil penjualan tahunan                        Entitas yang memiliki hasil penjualan tahunan
                   sampai dengan Rp 2 miliar.                                  lebih dari Rp 2 miliar s/d Rp 15 miliar.                             sampai dengan Rp 15 miliar s/d Rp 50 miliar.
                   The entities that have annual sales up to                   The entities that have annual sales from                             The entities that have annual sales from
                   Rp 2 billion.                                               Rp 2 billion to Rp 15 billion.                                       Rp 15 billion to Rp 50 billion.
          99,71%                                                       0,24%                                                                0,05%




                                                        Sektor Lapangan Usaha KBLI | Business Fields KBLI Sector

                                                                               Aktivitas Penyewaan dan Sewa Guna Usaha
                   Perdagangan Besar dan Eceran Reparasi                       Tanpa Hak Opsi, Ketenagakerjaan, Agen
                   dan Perawatan Mobil dan Sepeda Motor                        Perjalanan, dan Penunjang Usaha Lainnya                              Kesenian, Hiburan, dan Rekreasi
                   Car and Motorcycle Repair and                               Rental and Leasing Activities Without Option                         Arts, Entertainment, and Recreation
                   Maintenance Wholesale and Retail                            Rights, Employment, Agency Travel, and Other

                           14.433.048
                                                                               Business Support Activities
                                                                                                                                                               129.547
                                                                                          289.650

                   Penyediaan Akomodasi Makanan dan
                   Penyediaan Makan Minum                                                                                                           Aktivitas Profesional, Ilmiah, dan Teknis
                                                                               Pertambangan dan Penggalian                                          Professional, Scientific, and Technical
                   Provision of Accommodation, Meals,                          Mining and Quarrying
                   and Food and Beverages                                                                                                           Activities
                                                                                          196.841                                                              124.287
                            6.400.667

                                                                               Treatment Air, Treatment Air Limbah, Treatment
                                                                               dan Pemulihan Material Sampah, dan Aktivitas                         Pengadaan Listrik, Gas, Uap/Air Panas
                   Industri Pengolahan                                         Remediasi                                                            dan Udara Dingin
                   Processing Industry                                         Water Treatment, Wastewater Treatment,                               Supply of Electricity, Gas, Steam/Hot Water
                                                                               Waste Material Treatment and Restoration, and                        and Cooled Air
                            4.164.542                                          Remediation Activities

                                                                                          164.111                                                               82.504


                   Aktivitas Jasa Lainnya                                      Pendidikan                                                           Aktivitas Keuangan dan Asuransi
                   Other Service Activities                                    Education                                                            Financial and Insurance Activities

                            1.906.799                                                     162.659                                                               57.859


                                                                               Aktivitas Kesehatan Manusia dan
                   Pengangkutan dan Pergudangan                                Aktivitas Sosial
                   Transportation and Warehousing                              Human Health Activities and
                                                                               Social Activities
                            1.169.310
                                                                                          156.183


                   Konstruksi                                                  Real Estate
                   Construction                                                Real Estate

                            1.906.799                                                     142.526


                                                                   Sumber: MenKopUKM | Source: MenKopUKM

Terdapat beragam jenis usaha digeluti oleh sektor UMKM yang terdiri dari                           There are various types of businesses engaged in by the MSME sector,
16 (enam belas) sektor lapangan usaha. 5 (lima) sektor lapangan terbesar                           consisting of 16 (sixteen) business sectors. The 5 (five) largest business
menurut Klasifikasi Buku Lapangan Usaha Indonesia (KLBI) adalah                                    sectors based on the Indonesian Standard Industrial Classification (KLBI)
perdagangan besar dan eceran, reparasi dan perawatan mobil dan sepeda                              are wholesale and retail trade as well as the repair and maintenance of
motor sebanyak 14,43 juta unit usaha; penyediaan akomodasi dan                                     motor vehicles and motorcycles, comprising 14.43 million business units;
penyediaan makan minum (6,40 juta unit usaha); industri pengolahan                                 accommodation and food and beverage service activities (6.40 million
(4,16 juta unit usaha); aktivitas jasa lainnya (1,91 juta unit usaha), serta                       business units); manufacturing (4.16 million business units); other service
pengangkutan dan pergudangan (1,17 juta unit usaha) per 31 Desember.                               activities (1.91 million business units); and transportation and warehousing
                                                                                                   (1.17 million business units) as of December 31.




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        Ikhtisar Kinerja                                  Laporan Manajemen                                                 Profil Perusahaan                                    Tinjauan Pendukung Bisnis
        Performance Highlights                            Management Report                                                 Company Profile                                      Overview of Business Support Units




                                                                 Kelompok Usia Pengusaha UMKM | Age Group of MSME’s Entrepreneurs




                                              <15th    15-19th     20-24th   25-29th       30-34th     35-39th       40-44th     45-49th     50-54th     55-59th      >60th
                                           512 Ribu    81 Ribu    685 Ribu   1,77 Juta     2,77 Juta   3,52 Juta     4,25 Juta   4,19 Juta   3,75 Juta   3,01 Juta   4,51 Juta



                                                                     Sumber: MenKopUKM | Source: MenKopUKM


Selanjutnya, dilihat dari kelompok usia pengusaha UMKM, profil usia                                                Furthermore, when viewed by age group, the profile of MSME entrepreneurs
terdiversifikasi dengan baik. Berdasarkan data MenKop UKM, terdapat                                                is well diversified. Based on data from MenKopUKM, there were 29.09
29,09 juta pengusaha UMKM dengan 5 (lima) kelompok usia berkontribusi                                              million MSME entrepreneurs with five age groups contributing the most,
terbesar adalah >60 tahun (4,51 juta); 40-44 tahun (4,25 juta); 45-49 tahun                                        namely >60 years old (4.51 million), 40–44 years old (4.25 million), 45–49
(4,19 juta); 50-54 tahun (3,75 juta); dan 35-39 tahun (3,52 juta).                                                 years old (4.19 million), 50–54 years old (3.75 million), and 35–39 years old
                                                                                                                   (3.52 million).


Kredit UMKM
MSME Loan

Data Otoritas Jasa Keuangan (OJK) menunjukkan bahwa penyaluran kredit                                              Data from the Financial Services Authority (OJK) indicate that loans distributed
untuk UMKM tumbuh melambat sebesar 2,18% yoy menjadi Rp1.503,63                                                    to the MSME segment experienced a moderation in growth, increasing by
triliun pada tahun 2025. Sejalan dengan perlambatan pertumbuhan kredit                                             2.18% yoy to Rp1,503.63 trillion in 2025. In line with the slowdown in overall
di industri perbankan, pertumbuhan kredit UMKM tersebut juga lebih rendah                                          banking industry credit growth, MSME loan growth was also lower compared
dibandingkan tahun sebelumnya sebesar 5,68% yoy.                                                                   to the previous year of 5.68% yoy.

                Kredit UMKM Berdasarkan Jenis Penggunaan                                                                                                       NPL Kredit UMKM
              Kredit UMKM Berdasarkan
                       MSME             Jenis
                            Credit by Type     Penggunaan
                                           of Use                                                                                NPL Kredit UMKM  | NPLNPL
                                                                                                                                             MSME Credit for MSME Credit
                 MSME Credit Based on Utilization Type

       100%                                                                     1.600,00                           1.600.000                                                                                  5,00%

        90%                                                                                                                                                                                                   4,50%
                                                                                1.400,00                           1.400.000

        80%                                                                                                                                                                                                   4,00%
                                                                                1.200,00                           1.200.000
        70%                                                                                                                                                                                                   3,50%

                                                                                1.000,00                           1.000.000
        60%                                                                                                                                                                                                   3,00%


        50%                                                                     800,00                              800.000                                                                                   2,50%

        40%                                                                                                                                                                                                   2,00%
                                                                                600,00                              600.000

        30%                                                                                                                                                                                                   1,50%
                                                                                400,00                              400.000
        20%                                                                                                                                                                                                   1,00%

                                                                                200,00
                                                                                                                    200.000
        10%
                                                                                                                                                                                                              0,50%


         0%                                                                     0
                                                                                                                            0                                                                                 0,00%
                 2021           2022   2023           2024          2025                                                               2021              2022                 2023      2024        2025

                 Modal Kerja           Investasi                   Total Kredit - RHS
                 Work Capital          Investment                  Total Credit - RHS                                                         Total Kredit | Total Credit                      % NPL - RHS

                                                                    Sumber: OJK, diolah | Source: OJK, processed

Kredit UMKM yang tumbuh melambat tersebut dipengaruhi oleh kenaikan                                                The moderation in MSME loan growth was influenced by lower increases
yang lebih rendah atas kredit modal kerja dan kredit investasi masing-                                             in working capital loans and investment loans, which respectively grew by
masing sebesar 0,76% yoy dan 5,41% yoy menjadi Rp1.053,68 triliun dan                                              0.76% yoy and 5.41% yoy to Rp1,053.68 trillion and Rp449.94 trillion as of
Rp449,94 triliun per Juni 2025. Pada tahun sebelumnya, kredit modal kerja                                          June 2025. In the previous year, MSME working capital loans and investment
dan kredit investasi UMKM tumbuh lebih tinggi masing-masing sebesar                                                loans recorded higher growth of 1.93% yoy and 16.15% yoy, respectively.
1,93% yoy dan 16,15% yoy. Selain kenaikan kredit UMKM yang melambat,                                               In addition to the slowdown in MSME loan growth, another challenge faced
tantangan lain yang dihadapi oleh perbankan dalam menyalurkan kredit                                               by the banking industry in extending MSME financing relates to the
UMKM adalah pengelolaan aset produktif. Data OJK menunjukkan NPL                                                   management of earning assets. OJK data show that the NPL ratio for MSME
kredit UMKM per Juni 2025 mencapai 4,41% atau lebih tinggi dari capaian                                            credit reached 4.41% as of June 2025, higher than the previous year of
tahun sebelumnya sebesar 4,04%. Rasio ini juga jauh lebih tinggi dibandingkan                                      4.04%. This ratio was also significantly higher than the industry average of
rata-rata industri sebesar 2,22% dan rata-rata KBMI 1 sebesar 2,61%.                                               2.22% and the KBMI 1 average of 2.61%.



182 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                  Tata Kelola Perusahaan                   Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis                 Good Corporate Governance                Sustainability Report                 Audited Financial Report




Secara kumulatif, kontribusi kredit UMKM terhadap total kredit yang disalurkan     On a cumulative basis, MSME loans contributed 18.66% to the total loans
industri perbankan sebesar 18,66% per Juni 2025. Capaian ini juga lebih            disbursed by the banking industry as of June 2025. This level was also lower
rendah dibandingkan 19,68% pada tahun sebelumnya. Kontribusi ini masih             compared to 19.68% recorded in the previous year. The contribution remains
jauh dari target yang pernah ditetapkan oleh Pemerintah Indonesia sebesar          well below the 30% target previously set by the Government of Indonesia,
30% yang menunjukkan prospek kenaikan kredit UMKM di masa mendatang.               indicating substantial potential for future growth in MSME lending.




Tinjauan Ekonomi Digital dan Layanan Keuangan Digital Indonesia
Indonesian Digital Economy and Digital Financial Services Overview
Laporan eConomy SEA 2025 yang disusun oleh Google, Temasek, dan                    The e-Conomy SEA 2025 report, prepared by Google, Temasek, and Bain
Bain & Company menjelaskan bahwa ekonomi digital di kawasan ASEAN                  & Company, explains that the digital economy in the ASEAN region is
diproyeksikan melampaui US$300 miliar Gross Merchandise Value (GMV)                projected to surpass US$300 billion in Gross Merchandise Value (GMV) in
pada tahun 2025 yang didukung oleh pertumbuhan GMV sebesar 7,4x                    2025, supported by 7.4x increase in GMV and 11.2x increase in revenue
dan pendapatan sebesar 11,2x dalam satu dekade. Capaian tersebut                   over the past decade. This achievement was also driven by 14% yoy growth
juga disebabkan oleh pertumbuhan ekonomi digital sebesar 14% yoy                   in the digital economy, which is expected to reach approximately US$100
menjadi sekitar US$100 miliar pada tahun 2025. Hal ini menunjukkan posisi          billion by 2025. This condition underscores Indonesia’s position as the largest
Indonesia sebagai pelaku ekonomi digital terbesar di Kawasan Asia                  digital economy player in Southeast Asia.
Tenggara.

                                                     GrafikGrafik
                                                             Ekonomi
                                                                   Ekonomi Digital      Indonesia
                                                                            Digital Indonesia
                                                     ChartChart
                                                           of Indonesia        Digital
                                                                of Indonesia’s Digital    Economy
                                                                                       Economy


                                      120




                                      100




                                       80




                                       60




                                       40




                                       20




                                        0
                                               2018      2019     2020      2021    2022      2023     2024      2025


                                                 Sumber: eConomy SEA 2025 | Source: eConomy SEA 2025


Capaian ekonomi digital Indonesia tersebut didukung oleh e-commerce                These achievements in Indonesia’s digital economy are supported by
sebagai tulang punggung ekonomi digital Indonesia yang mampu                       e-commerce, which is the backbone of Indonesia’s digital economy and
mencatatkan kenaikan 14% yoy hingga mencapai US$71 miliar tahun ini.               has recorded yoy growth of 14% to reach US$71 billion in 2025. This growth
Pertumbuhan ini terutama didorong oleh kenaikan signifikan atas video              was driven primarily by a significant 90% increase in video commerce,
commerce sebesar 90% menjadi US$2,6 miliar. Indonesia sebagai pemimpin             reaching US$2.6 billion. Indonesia’s position as the market leader in video
pasar dalam video commerce didukung oleh pengaruh YouTube sebagai                  commerce is supported by the strong influence of YouTube as a primary
referensi utama bagi konsumen sebelum melakukan pembelian daring.                  reference for consumers prior to making online purchases.

Laporan e-Conomy SEA 2025 juga menjelaskan bahwa transportasi                      The e-Conomy SEA 2025 report further notes that online transportation and
transportasi daring dan pengiriman makanan mencatatkan kenaikan 13%                food delivery services recorded yoy growth of 13% to US$10 billion.
yoy menjadi US$10 miliar. Sementara itu, media daring termasuk periklanan          Meanwhile, online media, including digital advertising, gaming, and
digital, game, dan streaming mencapai US$9 miliar dengan kenaikan 16%              streaming, reached US$9 billion, representing an increase of 16% yoy.
yoy.

Kinerja ekonomi digital Indonesia juga didukung oleh pembayaran digital            Indonesia’s digital economy performance has also been supported by
yang diperkirakan tumbuh 27% yoy menjadi US$538 miliar pada tahun                  digital payments, which are projected to grow by 27% yoy to US$538 billion
2025. Capaian mengesankan di sektor jasa keuangan ini menunjukkan                  in 2025. This impressive achievement in the financial services sector reflects
penguatan fundamental digital Indonesia seiring dengan adopsi teknologi            the strengthening of Indonesia’s digital fundamentals, alongside rapid
yang pesat dan peningkatan partisipasi konsumen.                                   technology adoption and increasing consumer participation.



                                                                                           Laporan Tahunan & Laporan Keberlanjutan
                                                                                                       Annual Report & Sustainability Report   2025 183
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        Ikhtisar Kinerja                              Laporan Manajemen                          Profil Perusahaan                    Tinjauan Pendukung Bisnis
        Performance Highlights                        Management Report                          Company Profile                      Overview of Business Support Units




Transaksi pembayaran digital di Indonesia juga menunjukkan kenaikan                        Digital payment transactions in Indonesia likewise demonstrated significant
signifikan yang diperkirakan tumbuh 27% yoy menjadi US$538 miliar.                         growth, with transaction value projected to increase by 27% yoy to US$538
Pinjaman digital juga diproyeksikan naik 29% yoy menjadi US$13 miliar                      billion. Digital lending is also projected to rise by 29% yoy to US$13 billion
pada tahun 2025. Selain itu, segmen digital wealth management dan                          in 2025. In addition, the digital wealth management and insurance segments
asuransi dilaporkan membukukan kenaikan masing-masing sebesar 25%                          are reported to have yoy growth of 25% and 18%, respectively, reaching
yoy dan 18% yoy menjadi US$6 miliar dan US$200 juta.                                       US$6 billion and US$200 million.

Berbagai pencapaian tersebut di atas menunjukkan adopsi digital yang                       The achievements outlined above demonstrate rapidly increasing digital
meningkat pesat di seluruh platform pembayaran, pinjaman, investasi, dan                   adoption across payment, lending, investment, and insurance platforms,
asuransi, yang memperkuat status Indonesia sebagai pelaku ekonomi                          reinforcing Indonesia’s position as the most dynamic digital economy player
digital yang paling dinamis di Asia Tenggara.                                              in Southeast Asia.


                                                              Grafik Ekonomi Digital Indonesia
                                                          Grafik Transaksi Internet dan Mobile Banking
                                                           Chart of Indonesia Digital Economy
                                                         Chart of Internet and Mobile Banking Transactions

                                            70.000                                                                      100.000


                                                                                                                        90.000
                                            60.000
                                                                                                                        80.000

                                            50.000
                                                                                                                        70.000


                                                                                                                        60.000
                                            40.000

                                                                                                                        50.000

                                            30.000
                                                                                                                        40.000


                                                                                                                        30.000
                                            20.000

                                                                                                                        20.000
                                             10.000
                                                                                                                        10.000


                                               0                                                                        0
                                                             2021        2022       2023         2024      2025


                                                      Internet Banking          Mobile Banking          Total Transaction Value

                                            Sumber: Bank Indonesia, diolah | Source: Bank Indonesia, processed


Sejalan dengan peningkatan adopsi digital yang berdampak positif                           In line with the increasing adoption of digital services that has positively
terhadap kinerja ekonomi digital Indonesia, Bank Indonesia melaporkan                      contributed to Indonesia’s digital economy performance, Bank Indonesia
bahwa nilai transaksi yang dilakukan melalui kanal pembayaran individu                     reported that the value of transactions conducted through proprietary
(proprietary channel) berupa mobile banking dan internet banking mencapai                  payment channels, namely mobile banking and internet banking, reached
Rp73.185,36 triliun dengan kenaikan sebesar 16,33% yoy hingga kuartal                      Rp73,185.36 trillion, representing an increase of 16.33% yoy through the
III tahun 2025. Kenaikan nilai transaksi ini didukung oleh pertumbuhan                     third quarter of 2025. This increase in transaction value was supported by
volume transaksi sebesar 35,49% yoy menjadi 20,18 miliar transaksi.                        growth in transaction volume of 35.49% yoy to 20.18 billion transactions.

Dari total nilai transaksi tersebut, transaksi internet banking mencapai                   Of the total transaction value, internet banking transactions amounted to
Rp53.209,22 triliun dengan pertumbuhan sebesar 13,08% yoy. Capaian                         Rp53,209.22 trillion, grew by 13.08% yoy. This achievement was supported
ini didukung peningkatan volume transaksi sebesar 26,36% yoy menjadi                       by an increase in transaction volume of 26.36% yoy to 2.06 billion transactions.
2,06 miliar transaksi. Selain itu, nilai transaksi SMS/Mobile Banking                      Besides, the value of SMS/Mobile Banking transactions recorded a significant
menunjukkan pertumbuhan signifikan sebesar 32,49% yoy menjadi                              growth of 32.49% yoy to Rp19,974.96 trillion. On a cumulative basis, the
Rp19.974,96 triliun. Secara kumulatif, kontribusi nilai transaksi dari internet            contribution to total transaction value from internet banking and SMS/
banking dan SMS/Mobile Banking masing-masing sebesar 27,29% dan                            Mobile Banking stood at 27.29% and 72.70%, respectively.
72,70%.




184 PT Bank Raya Indonesia Tbk
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        Analisis dan Pembahasan Manajemen                    Tata Kelola Perusahaan                     Laporan Keberlanjutan                 Laporan Keuangan Audit
        Management Discussion and Analysis                   Good Corporate Governance                  Sustainability Report                 Audited Financial Report




Kebijakan Strategis Tahun 2025
Strategic Policies in 2025

Arah kebijakan Bank Raya untuk tahun 2025 ditetapkan sejalan dengan                    Bank Raya’s policy direction for 2025 was established in alignment with
visi Bank untuk menjadi “Bank Digital Utama yang Memberikan Solusi                     the Bank’s vision to become “a Leading Digital Bank Providing Digital
Keuangan Digital dengan Akses Terluas bagi Masyarakat Indonesia”. Untuk                Financial Solutions with the Broadest Access Across Indonesia.” To realize
mencapai visi ini, Bank Raya merancang Strategic House yang berperan                   this vision, Bank Raya has developed a Strategic House that serves as the
sebagai kerangka utama dalam menjalankan setiap inisiatif strategis dan                overarching framework for the implementation of all strategic and tactical
taktis perusahaan. Strategic House ini dibangun atas pondasi empat pilar               initiatives. This Strategic House is built upon a foundation of four main pillars,
utama yang diiringi dengan berbagai enabler, yang semuanya dirancang                   supported by various enablers, all of which are designed to drive sustainable
untuk menciptakan pertumbuhan berkelanjutan dan meningkatkan daya                      growth and enhance competitiveness in the digital era.
saing di era digital.




                                                                         VISION
                                                     Bank Digital Utama yang Memberikan Solusi Keuangan Digital
                                                           dengan Akses Terluas bagi Masyarakat Indonesia
                                                    A Leading Digital Bank Providing Digital Financial Solutions with
                                                                 the Broadest Access across Indonesia




                      Ex p l o i t M ark e t P o te nti al                                               E x plo r e D ig it a l O ppo r t u n it y




            Digital Productive                     Digital Consumption                            Funding &                              Value Chain
                                                                                                 Transaction                              Business


                                                                      Building Brand Value


                                                                 Hybrid Network Distribution


                                                Digital Centric Human Capital Organization Capability


                                                               Resilient Technological Support


                                                 Strong Governance, Risk Management & Compliance



Bank Raya menetapkan 2 (dua) arah pengembangan strategi perusahaan                     Bank Raya has established 2 (two) strategic development directions, namely
yakni Exploit Market Potential dan Explore Digital Opportunity. Exploit Market         Exploit Market Potential and Explore Digital Opportunity. The Exploit Market
Potential diterapkan melalui berbagai upaya yang dilakukan oleh Bank                   Potential strategy is implemented through various initiatives undertaken
untuk memaksimalkan potensi pasar dari produk eksisting di dalam dan                   by the Bank to maximize the market potential of its existing products, both
di luar ekosistem BRI Group. Selanjutnya, Explore Digital Opportunity                  within and beyond BRI Group ecosystem. Then, Explore Digital Opportunity
diaplikasikan melalui eksplorasi potensi bisnis digital yang baru.                     is applied through the exploration of new digital business opportunities.

Implementasi arah pengembangan strategi perusahaan tersebut didukung                  The implementation of these strategic directions is supported by 4 strategic
                        GO pilar
oleh 4 pilar strategi yakni  FASTER                                       GO SHORTER
                                   ke-1 digital productive yang berfokus pada                                                  GO SMALLER
                                                                                      pillars, one of which is the digital productive   first pillar, which focuses on
pengembangan     Increasing efficiency
                    produk digital      throughproduktif terutama segmen
                                    di sektor                        Provide short term
                                                                          mikro         products
                                                                                      the                           Reach underprivileged
                                                                                           development of digital products                   and unbankable
                                                                                                                              in the productive      sector, particularly
                  technology  &  digitalization
dan kecil. Pilar ini didesain untuk memaksimalkan potensi pasar di sektor                                               customer  with small
                                                                                      the micro and small segments. This pillar is designed   ticket
                                                                                                                                                   to size
                                                                                                                                                      maximize market
yang memiliki permintaan tinggi terhadap produk keuangan yang dapat                   potential in sectors with high demand for digitally accessible financial
diakses secara digital, sehingga mendukung pertumbuhan inklusi keuangan               products, thereby supporting the expansion of financial inclusion among
di kalangan masyarakat berpenghasilan rendah.                                         low-income communities.




                                                                                                Laporan Tahunan & Laporan Keberlanjutan
                                                                                                            Annual Report & Sustainability Report     2025 185
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        Ikhtisar Kinerja                         Laporan Manajemen                     Profil Perusahaan                     Tinjauan Pendukung Bisnis
        Performance Highlights                   Management Report                     Company Profile                       Overview of Business Support Units




Pilar ke-2 yakni digital consumptive bertujuan untuk mengembangkan               The second pillar, Digital Consumptive, aims to develop digital products in
produk digital di sektor konsumtif dengan memberikan pengalaman                  the consumptive segment by delivering a more seamless and modern
perbankan yang lebih seamless dan modern kepada para nasabah ritel.              banking experience to retail customers. Bank Raya also develops products
Bank Raya juga mengembangkan produk yang sesuai dengan kebutuhan                 tailored to customer needs, combined with digitally integrated services.
nasabah dikombinasikan dengan layanan yang terintegrasi secara digital.          The implementation of this pillar aims to enhance the Bank’s attractiveness
Implementasi pilar ini bertujuan meningkatkan daya tarik bagi nasabah            to individual customers who require financial solutions that are easily
individu yang membutuhkan solusi finansial yang mudah diakses, fleksibel,        accessible, flexible, and usable for a wide range of everyday transactions.
dan dapat digunakan dalam berbagai transaksi sehari-hari. Selain itu,            In addition, the implementation of this strategic pillar aims to strengthen
penerapan pilar strategi ini bertujuan memperkuat loyalitas nasabah              customer loyalty while simultaneously increasing the growth of Bank Raya’s
sekaligus meningkatkan pertumbuhan basis pengguna aktif Bank Raya.               active user base.

Pilar ke-3 yakni funding & transaction menitikberatkan pada pengembangan         The third pillar, Funding & Transaction, emphasizes the development of
simpanan berbasis digital serta peningkatan transaksi yang bertujuan untuk       digital-based deposit products and the enhancement of transaction activities
mengoptimalkan fee-based income. Inovasi pada beragam produk                     to optimize fee-based income. Innovation across various digital savings
simpanan dan transaksi digital dalam rangka menciptakan arus pendapatan          and transaction products is aimed at creating stable revenue streams from
yang stabil dari transaksi nasabah. Selain mendukung diversifikasi               customer transactions. Beyond supporting income diversification, the
pendapatan, implementasi pilar ini juga memperkuat basis dana Bank               implementation of this pillar also strengthens the Bank’s funding base to
guna mendukung pembiayaan lebih luas.                                            support broader financing activities.

Pilar terakhir atau ke-4 yakni Value Chain Business diwujudkan penciptaan        The last or fourth pillar, Value Chain Business, is realized through the creation
nilai lebih dalam rantai pasok yang terintegrasi secara digital. Melalui pilar   of added value within a digitally integrated supply chain. Through this pillar,
ini diharapkan mampu menghubungkan ekosistem bisnis yang dimiliki                Bank Raya aims to connect its business ecosystem with other entities within
oleh Bank Raya dan entitas lain di bawah BRI Group untuk menciptakan             BRI Group to generate greater synergy and operational efficiency. Besides,
sinergi dan efisiensi yang lebih baik. Selain itu, Bank Raya mampu               Bank Raya is able to offer end-to-end solutions that address the financial
menawarkan solusi end-to-end yang memenuhi kebutuhan finansial                   needs of all market segments.
seluruh segmen pasar.

Bank Raya memiliki lima enabler yang dirancang untuk memperkuat                  Bank Raya has five enablers designed to strengthen its operational foundation
fondasi operasional dan kapabilitas organisasi untuk mendukung pencapaian        and organizational capabilities in supporting the achievement of the
keempat pilar tersebut. Building Brand Value sebagai enabler pertama             aforementioned four pillars. Building Brand Value as the first enabler aims
bertujuan untuk memperkuat nilai merek melalui komunikasi yang efektif           to enhance brand equity through effective and relevant communication
dan relevan bagi segmen pasar. Enabler kedua yakni Hybrid Network                tailored to targeted market segments. The second enabler, Hybrid Network
Distribution yang dilakukan dengan memperluas jangkauan layanan                  Distribution, focuses on expanding service outreach to accommodate
dilakukan untuk menjangkau nasabah yang memiliki preferensi untuk                customers’ preferences for both in-branch and digital services.
layanan langsung maupun digital.

Enabler ketiga Digital Centric Human Capital Organization Capability             The third enabler, Digital Centric Human Capital and Organizational
menitikberatkan pada pengembangan kapabilitas organisasi dan sumber              Capability, emphasizes the development of organizational capabilities and
daya manusia yang berorientasi pada digitalisasi guna mendukung                  human resources with a strong digital orientation to support digital
transformasi digital. Enabler berikutnya adalah Resilient Technological          transformation. The next enabler, Resilient Technological Support, aims to
Support yang bertujuan untuk memperkuat infrastruktur teknologi Bank             strengthen Bank Raya’s technology infrastructure to meet the demands of
Raya agar mampu menghadapi kebutuhan layanan berbasis digital yang               flexible and scalable digital-based services. The last enabler is Strong
fleksibel dan scalable. Enabler teakhir adalah Strong Governance, Risk           Governance, Risk Management, and Compliance. Through this pillar, Bank
Management, and Compliance. Melalui pilar ini Bank Raya berupaya untuk           Raya seeks to strengthen effective governance and risk management
memperkuat tata kelola dan manajemen risiko yang efektif, khususnya              practices, particularly in mitigating the increasingly evolving risks associated
untuk mitigasi risiko kredit digital yang semakin berkembang.                    with digital loans.

Dengan mengombinasikan keempat pilar strategis dan lima enabler Bank             By integrating these four strategic pillars with the five enablers, Bank Raya
Raya akan mampu memperkuat posisinya sebagai bank digital terkemuka              will be well-positioned not only to strengthen its standing as a leading
di Indonesia, tetapi juga menciptakan nilai berkelanjutan bagi seluruh           digital bank in Indonesia but also to create sustainable value for all
pemangku kepentingan, dari pemegang saham hingga nasabah dan                     stakeholders, ranging from shareholders to customers and the wider
masyarakat luas. Keempat pilar strategis dan lima enabler ini Bank Raya          community. These four strategic pillars and five enablers are aligned with
selaras dengan milestone yang akan dicapai tahun 2025 yakni Optimize             Bank Raya’s 2025 milestone, namely Optimize Profitability Through Intragroup
Profitability Through Intra Group Business Ecosystem.                            Business Ecosystem.




186 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                            Tata Kelola Perusahaan                    Laporan Keberlanjutan                          Laporan Keuangan Audit
       Management Discussion and Analysis                           Good Corporate Governance                 Sustainability Report                          Audited Financial Report




Aspek Pemasaran
Marketing Aspect

Strategi Pemasaran
Marketing Strategy

                                       Event Promotion                                                              Loyalty Memberships
                                                 Raya Run Event                                                                 Loyalty Program Raya
                                                 Engagement with running communities                                            The gamification of th banking experience allows
                                                 through run event, from “Raya Runtastic” in                                    customers to earn rewards as their balance increasing.
                                                 April 2025 and “Raya Run” in October 2025
                                                 as part of Bank Raya 36th celebration.




                                                                                                                                         KAWAN                     KAWAN BAIK
                                                                                                                                        Free Admin             Free Admin & Transfer,
                                                                                                                                                                   Qris Cashback

                                                      Periodic Promotions


                                                                                                                                          SOBAT                       BESTIE
                                                                                                                                  Free Admin & Transfer,       Free Admin & Transfer,
                                                                                                                                     Qris Cashback, &          Qris Cashback, Bills, &
                                                                                                                                     Top Up E-Wallet              Top Up E-Wallet




        Pesta Rakyat Nusantara                                                                                            Raya Points
        Bank Raya as main sponsor for 50th
      birthday of Taman Mini Indonesia Indah,                                                                              Reward Point
          held on 18-27 April 2025 with 100
                thousands attendees.                                                                                      Enhance customers experience by giving reward points for
                                                                                                                          transactions, referral, upgrade memberships. Every points can be
                                                                                                                          used to redeem the rewards.




                                                  Exclusive Monthly Promotions
           Sorak Sorai Festival
                                                   Monthly special deals such as cashback
      Bank Raya as main sponsor for Sorak            from popular merchants like Tomoro
     Sorai Fest at Taman Mini Indonesia Indah       FamilyMart, XXI, Qris Mania providing
     to celebrate New Year on December 31,          customers with discounts and added
             2025 - January 2, 2026..                               value.




Bank Raya mengembangkan program pemasaran yang fokus pada                                      Bank Raya has developed marketing programs focused on achieving the
pencapaian target Bank Raya. Program ini berfokus pada peningkatan                             Bank’s strategic targets. These programs are aimed at increasing the number
jumlah nasabah baru, peningkatan volume digital saving, dan juga transaksi                     of new customers, expanding digital savings volumes, and enhancing transaction
di Aplikasi Raya. Terdapat beragam program pemasaran yang telah                                activity on the Aplikasi Raya. A range of marketing programs that have been
berjalan dan akan diluncurkan sebagai berikut:                                                 implemented and are scheduled for launch include the following:
a. Program Mission VGNZA atau MVP: program berbasiskan misi dengan                             a. Mission VGNZA Program or MVP: a mission-based program designed
     objektif untuk menaikkan transaksi QRIS, top up e-wallet, top up pulsa                         to increase QRIS transactions, e-wallet top-ups, mobile credit top-ups,
     dan berbagai fitur payment yang terdapat di aplikasi Bank Raya, serta                          and the utilization of various payment features available in Bank
     untuk meningkatkan fee-based income.                                                           Aplikasi Raya, while also enhancing fee-based income.
b. Program PayDay dan Jempolan (Jemput Promo Akhir Bulan): program                             b. PayDay and Jempolan (Jemput Promo Akhir Bulan) Program: a reward-
     reward dengan memberikan e-voucher kepada nasabah untuk                                        based program that provides e-vouchers to customers for payment
     transaksi-transaksi payment seperti transaksi QRIS, top up e-wallet,                           transactions such as QRIS payments, e-wallet top-ups, and mobile credit
     top up pulsa.                                                                                  top-ups.
c. Program tanggal kembar (2.2 - 12.12): program untuk meningkatkan                            c. Twin Date Program (2.2 – 12.12): a program aimed at increasing
     transaksi e-wallet dan fee-based income yang diselenggarakan pada                              e-wallet transactions and fee-based income, conducted on selected
     tanggal-tanggal kembar tersebut.                                                               double-date occasions.
d. Program partnership atau Institusional: segmented program bagi                              d. Partnership or Institutional Program: a segmented program targeting
     partner Bank Raya seperti BRI Group dan perusahaan afiliasi dengan                             Bank Raya’s partners, including BRI Group and affiliated companies,
     tujuan untuk meningkatkan CIF dan volume digital saving Raya.                                  to increase CIF and Raya digital savings volumes.
e. Program tiering/user leveling: program loyalty bagi nasabah digital                         e. Tiering or User Leveling Program: a loyalty program for digital savings
     saving dengan memberikan benefit berdasarkan level nasabah yang                                customers that offers benefits based on customer levels determined
     ditentukan dari rata-rata saldo setiap bulannya. Program ini bertujuan                         by average monthly balances, designed to support customer retention
     sebagai program retensi dan sekaligus untuk menumbuhkan CIF dan                                while simultaneously growing CIF and digital savings volumes.
     volume digital saving Raya.
f.   Program Merchant Partnership: program yang bertujuan untuk                                f.   Merchant Partnership Program: a program that aimed at increasing
     meningkatkan transaksi digital saving Raya melalui berbagai promo                              Raya digital savings transactions through various promotional offers
     yang bekerja sama dengan merchant, seperti: XXI, The Harvest, The                              in collaboration with merchants such as XXI, The Harvest, The Gade,
     Gade, Segari, Blue Bird, Watsons.                                                              Segari, Blue Bird, and Watsons.
g. Pesta Raya: Program undian berhadiah sekaligus nasabah dapat                                g.   Pesta Raya Program: a prize draw program in which customers may
     menukarkan poin dengan hadiah langsung, seperti gadget, voucher                                also redeem points for instant rewards such as gadgets and shopping
     belanja. Nasabah cukup membuka rekening Bank Raya, mengisi                                     vouchers, by opening a Bank Raya account, depositing funds, conducting
     saldo, bertransaksi, dan mengajak teman untuk membuka rekening                                 transactions, and inviting friends to open Bank Raya accounts - NEW
     Bank Raya - NEW


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h.      Bundling Digital Saving untuk setiap pengurus/BOD new partners          h.   Bundled Digital Savings Program for management members/BOD of
        Digital Lending NEW                                                          new Digital Lending partners.
i.      Akuisisi Digital Saving atau Giro Partner atas partnership dengan       i.   Digital Savings or Partner Giro acquisition through partnerships with
        platform POS, HRIS, ataupun aggregator digital lainnya (customer/            POS platforms, HRIS providers, or other digital aggregators (customer/
        user partner) - NEW                                                          user partner) - NEW
j.      Program Cash Deposit Machine (CDM) untuk added value komunitas          j.   Cash Deposit Machine (CDM) Program that provides added value to
        terpilih. - NEW                                                              selected communities. – NEW
k.      Program pencairan pinjaman produk Digital Lending ke Digital Saving     k.   Disbursement of Digital Lending products into Bank Raya Digital Savings
        Bank Raya - NEW                                                              accounts.

Selain beragam program pemasaran tersebut di atas, Bank Raya juga               In addition to the marketing programs outlined above, Bank Raya continues
melakukan promosi produk simpanan secara berkesinambungan untuk                 to conduct ongoing promotions for its savings products to enhance brand
meningkatkan brand awareness atas produk-produk tabungan dan produk             awareness of its deposit products and other banking services, which are
perbankan lainnya, yang dilakukan melalui media massa (above the line)          carried out through national and regional mass media (above the line)
baik nasional maupun regional seperti: radio, social media, paid ads, dan       such as radio, social media, paid ads, and below the line media through
media below the line melalui sponsorship, penyelenggaraan event, dan lain       sponsorships, event organizing, and so on, as well as conducting promotional
sebagainya serta melakukan kerja sama promosi dengan strategic merchant         collaborations with strategic merchants and within Bank BRI ecosystem as
serta dalam ekosistem Bank BRI sebagai berikut:                                 follows:
•    Sinergi dengan BRI baik dari sisi campaign promo (OMNI channel),           •    Synergy with BRI through promotional campaigns (OMNI channels),
     offline event, billboard, maupun channel lainnya.                               offline events, billboards, and other channels.
•    Creative Marketing: strategi konten yang menarik dan sesuai persona        •    Creative Marketing: content strategies that are engaging and aligned
     dan target pasar Bank Raya baik digital maupun kebutuhan offline                with Bank Raya’s target personas and market segments, both digitally
     seluruh materi komunikasi sesuai dengan brand guideline.                        and offline, with all communication materials developed in accordance
                                                                                     with the brand guidelines.
•       Social Media Management: media sosial (Facebook, Instagram, Twitter,    •    Social Media Management: utilization of social media platforms
        Tiktok, Youtube, dan platform lain) untuk memperluas basis audiens           (Facebook, Instagram, Twitter, TikTok, YouTube, and other platforms)
        media sosial Bank Raya dan untuk akuisisi nasabah digital saving             to expand Bank Raya’s social media audience base and support the
        Bank Raya.                                                                   acquisition of digital savings customers.
•       Digital Advertising: pemasangan iklan berbayar di channel online,       •    Digital Advertising: placement of paid advertisements on online
        seperti Google, Tiktok, dan Meta untuk meningkatkan brand awareness          channels, such as Google, TikTok, and Meta, to increase brand awareness
        sekaligus jumlah nasabah baru.                                               as well as the number of new customers.
•       Offline Event dan Sponsorship: penyelenggaraan event offline ataupun    •    Offline Events and Sponsorships: organization of offline events and
        sponsorship baik yang bekerja sama dengan BRI ataupun yang diinisiasi        sponsorship activities, either in collaboration with BRI or initiated by
        oleh Bank Raya untuk meningkatkan brand awareness.                           Bank Raya, to enhance brand awareness.
•       Campaign Effectivity Analysis: membuat, mengukur, dan mengevaluasi      •    Campaign Effectivity Analysis: designing, measuring, and evaluating
        campaign digital marketing demi melakukan evaluasi strategi digital          digital marketing campaigns to assess digital marketing strategies and
        marketing serta efektifitas penggunaannya.                                   their effectiveness.
•       Kolaborasi dengan platform digital untuk user maupun merchantnya        •    Collaboration with Digital Platforms for both users and merchants to
        dalam segi awareness produk digital saving, salah satunya adalah             increase awareness of digital savings products, one of which is Grab.
        Grab.



Pangsa Pasar
Market Share

Penjelasan berupa tabel berikut ini menggambarkan posisi atau pangsa            The following table presents an overview of Bank Raya’s position or market
pasar Bank Raya terhadap industri perbankan nasional (Bank Umum).               share within the national banking industry (Commercial Banks). More
Lebih spesifik, pangsa pasar Bank dibandingkan dengan Bank Umum yang            specifically, the Bank’s market share is compared with that of Commercial
masuk dalam kategori KBMI 1 yang bermodal inti senilai Rp2,92 triliun           Banks classified under the KBMI 1 category, which have core capital of
                                                                                Rp2.92 trillion.

                                                                                                          Dinyatakan dalam triliun Rupiah, kecuali dinyatakan lain
                                                                                                            Expressed in trillions of Rupiah, unless otherwise stated

                                         Uraian
                                                                                      2025                          2024                            2023
                                       Description

     Aset                  Bank Umum                                                 13.646                         12.461                          11.428
     Assets                Commercial Bank
                           KBMI 1                                                     1.309                           1.447                          1.373
                           Bank Raya                                                     13                              13                             12
                           Pangsa pasar terhadap Bank Umum                            0,10%                          0,10%                           0,11%
                           Market share against Commercial Banks
                           Pangsa pasar terhadap KBMI 1                               1,00%                          0,89%                           0,91%
                           Market share against KBMI 1




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                                                                                                       Dinyatakan dalam triliun Rupiah, kecuali dinyatakan lain
                                                                                                         Expressed in trillions of Rupiah, unless otherwise stated

                                    Uraian
                                                                                    2025                         2024                            2023
                                  Description

Kredit                Bank Umum                                                      8.694                         7.943                          7.187
Loans                 Commercial Bank
                      KBMI 1                                                          758                           811                             755

                      Bank Raya                                                            8                            7                               7

                      Pangsa pasar terhadap Bank Umum                               0,09%                         0,09%                           0,10%
                      Market share against Commercial Banks
                      Pangsa pasar terhadap KBMI 1                                  1,02%                         0,84%                           0,91%
                      Market share against KBMI 1
DPK                   Bank Umum                                                     10.058                         8.836                          8.337
Third Party Funds     Commercial Bank
                      KBMI 1                                                          930                           975                             954

                      Bank Raya                                                        10                               8                               8

                      Pangsa pasar terhadap Bank Umum                               0,09%                         0,09%                           0,10%
                      Market share against Commercial Banks
                      Pangsa pasar terhadap KBMI 1                                  1,03%                         0,81%                           0,86%
                      Market share against KBMI 1




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Tinjauan Operasi per Segmen Usaha
Operational Overview by Business Segment

Penyajian informasi tentang tinjauan operasi per segmen usaha Bank Raya           The presentation of information on Bank Raya’s operational overview by
mengacu pada catatan laporan keuangan audit tahun 2025 yang                       business segment refers to the notes to the audited financial statements
mengklasifikasikan segmen usaha Bank menjadi konsumer, ritel, menegah,            for 2025, which classify the Bank’s business segments into consumer, retail,
mikro, dan lainnya. Penjelasan dari masing-masing segmen usaha Bank               middle, micro, and others. The description of each of Bank Raya’s business
Raya adalah berikut ini:                                                          segments is as follows:



Segmen Konsumer
Consumer Segment

Bank Raya menitikberatkan segmen konsumer untuk penyaluran kredit                 Bank Raya focuses on the consumer segment for lending to individuals to
bagi perorangan yang digunakan untuk pemenuhan kebutuhan konsumtif.               meet their consumer needs. Bank Raya targets 2 (two) consumer segments:
Terdapat 2 (dua) segmen konsumer yang menjadi target Bank Raya yakni              consumer and digital consumers. To expand its customer base, Bank Raya
konsumer dan digital konsumer. Dalam rangka meningkatkan basis nasabah,           develop consumer loans product for individual customers with a maximum
Bank Raya mengembangkan produk kredit konsumer yang diperuntukkan                 loan limit of up to Rp5 billion, as well as digital consumer loans, which are
bagi nasabah perorangan dengan maksimal plafon hingga Rp5 miliar                  offered to individual customers with limits determined by the terms and
disamping kredit digital konsumer yang ditawarkan kepada nasabah                  conditions of each loan disbursed for consumer needs.
individual dengan plafon sesuai ketentuan masing-masing kredit yang
disalurkan untuk kebutuhan konsumtif.

Bank Raya memiliki beragam produk dan layanan perbankan yang                      Bank Raya offers a well-diversified range of banking products and services.
terdiversifikasi dengan baik. Hal ini dapat dilihat dari berbagai pinjaman        This is evident in its various digital loans, including Pinang Flexi, Pinang Flexi
digital lainnya yakni Pinang Flexi, Pinang Flexi Ekstra, Pinang Flexi Infiniti,   Extra, Pinang Flexi Infiniti, and Raya Paylater.
dan Raya Paylater.

Dalam rangka meningkatkan kinerja segmen ini, fokus pengembangan                  To improve this segment’s performance, Bank Raya's development focus
yang dilakukan Bank Raya pada segmen ini pada tahun 2025 adalah                   in 2025 was as follows:
berikut ini:
•    Terkait dengan segmen konsumer, Bank Raya mempertahankan                     •    Regarding the consumer segment, Bank Raya maintains the quality
     kualitas portofolio kredit konsumer eksisting seperti Kretap, Kresun,             of its existing consumer loan portfolio, including Kretap, Kresun, Agro
     Agro Griya, KPRS, Agro Multiguna, dan Agro Mobil. Selanjutnya, Bank               Griya, KPRS, Agro Multiguna, and Agro Mobil. Furthermore, Bank Raya
     Raya juga melakukan shifting kredit konsumer yang sesuai dengan                   is shifting consumer loans to align with the digital lending products
     produk digital lending yang ditawarkan.                                           offered.
•    Segmen digital konsumer Bank Raya yang dilayani oleh produk Pinang           •    Bank Raya's digital consumer segment, served by Pinang Flexi and
     Flexi dan Flexi merupakan pinjaman bersifat payroll-based loan                    Flexi, is a payroll-based loan, specifically for BRI and Bank Raya payroll,
     khususnya payroll BRI dan Bank Raya, dan Raya Paylater atau pinjaman              and Raya Pay Later, a transaction-based consumer loan without
     konsumtif tanpa agunan tambahan dengan berbasis transaksi. Dengan                 additional collateral. Considering these product characteristics, Bank
     mempertimbangkan karakteristik produk tersebut, maka Bank Raya                    Raya is focusing on developing this segment's business by:
     memfokuskan pengembangan bisnis segmen ini dengan cara:
     a) Memperluas channel pemasaran melalui Pinang Flexi webview                      a)   Expanding marketing channels through Pinang Flexi webview,
          yang dapat berintegrasi dengan digital platform milik partner,                    which can integrate with partners' digital platforms, allowing
          sehingga nasabah dapat melakukan pengajuan Pinang Flexi                           customers to apply for Pinang Flexi through the partner's app.
          melalui aplikasi Partner.
     b) Integrasi Pinang Flexi di Aplikasi Raya untuk mengakuisisi nasabah             b)   Integrating Pinang Flexi into Aplikasi Raya to acquire Pinang Flexi
          Pinang Flexi dan nasabah digital saving.                                          and digital savings customers.
     c) Enhancement pada Credit Scoring Engine Pinang Flexi untuk                      c)   Enhancing Pinang Flexi credit scoring engine to improve the
          meningkatkan approval rate serta kualitas kredit Pinang Flexi.                    approval rate and credit quality of Pinang Flexi.
     d) Penyaluran Pinang Flexi Extra untuk menggarap potensi penyaluran               d)   Distributing Pinang Flexi Extra to tap into the potential for lending
          pinjaman untuk pekerja tetap dengan tenor yang s/d 15 tahun                       to permanent workers with a tenor of up to 15 years and a ceiling
          dan Plafond s/d Rp 500 juta.                                                      of up to Rp500 million.
     e) Peluncuran produk baru Raya Paylater pada awal Juli 2025                       e)   Launching a new product, Raya Pay Later, in early July 2025 as
          sebagai solusi kredit konsumtif berbasis limit yang dapat digunakan               a limit-based consumer credit solution that can be used for payment
          untuk pembayaran transaksi di aplikasi Raya. Produk ini menyasar                  transactions on Aplikasi Raya. This product targets active Bank
          nasabah aktif Bank Raya dan menawarkan limit hingga Rp5 juta                      Raya customers and offers a limit of up to Rp5 million without
          tanpa agunan, tenor bulanan, serta proses aktivasi full digital                   collateral, a monthly tenor, and a fully digital activation process
          melalui aplikasi Raya. Inisiatif ini bertujuan meningkatkan frekuensi             through Aplikasi Raya. This initiative aims to increase transaction
          transaksi, engagement, dan loyalitas pengguna Aplikasi Raya                       frequency, engagement, and loyalty among Aplikasi Raya users.

Implementasi atas beragam strategi tersebut di atas membuat Bank Raya             The implementation of these various strategies enables Bank Raya to face
mampu menghadapi tantangan persaingan pinjaman konsumtif di industri              the challenges of increasingly competitive consumer lending in the digital
digital yang semakin meningkat yang tercermin dari semakin berkembangnya          industry, as reflected in the growing number of online lending service
penyedia jasa fasilitas pinjaman online di Indonesia. Ketersediaan pinjaman       providers in Indonesia. The availability of these online loans presents a
online tersebut merupakan merupakan tantangan tersendiri bagi Pinang              unique challenge for Pinang Flexi in disbursing consumer loans.
Flexi untuk dapat menyalurkan pinjaman konsumtif.




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Segmen Ritel
Retail Segment

Segmen ritel Bank Raya melayani nasabah perorangan/ kelompok/ badan              Bank Raya's retail segment serves individual, group, and legal entity
hukum baik secara direct maupun contingent untuk kegiatan usaha yang             customers, both directly and contingently, for productive business activities.
produktif. Sehubungan dengan hal tersebut, Bank Raya telah menyediakan           To address this, Bank Raya has provided a number of banking products
sejumlah produk dan layanan perbankan untuk segmen ini yang terdiri              and services for this segment, including Pinang Maksima, Bank Guarantee,
dari Pinang Maksima, Bank Garansi, Pembiayaan Vendor, dan Pinang                 Vendor Financing, and Pinang Connect.
Connect.

Tantangan yang dihadapi oleh Bank Raya untuk segmen ini selama tahun             The challenge faced by Bank Raya in this segment throughout 2025 was
2025 adalah peningkatan persaingan pinjaman di industri digital seiring          increased competition for loans in the digital industry, along with the rise
dengan kenaikan jumlah perusahaan fintech di Indonesia. Mempertimbangkan         in the number of fintech companies in Indonesia. Considering this situation,
kondisi tersebut, Bank Raya melakukan program Pinang Maksima dengan              Bank Raya carried out Pinang Maksima program with a value chain scheme.
skema value chain.

Selain itu, fokus pengembangan Bank Raya terhadap segmen ini adalah              Furthermore, Bank Raya's development focus for this segment is as follows:
sebagai berikut:
•   Untuk segmen ritel komersial, Bank Raya melakukan shifting kredit            •   For the commercial retail segment, Bank Raya is shifting commercial
    ritel komersial yang sesuai dengan produk digital lending yang dimiliki.         retail loans to align with its digital lending products.
•   Segmen ritel digital dilayani oleh produk Pinang Maksima yang berfokus       •   The digital retail segment is served by Pinang Maksima, a product
    pada skema invoice financing dan Pinang Connect yang menitikberatkan             focused on invoice financing, and Pinang Connect, which emphasizes
    pada skema channeling. Pengembangan segmen ini oleh Bank Raya                    channeling. Bank Raya's development of this segment focuses on:
    dilakukan dengan memfokuskan pada:
    a) Memaksimalkan kolaborasi dengan BRI sebagai Induk untuk                       a)    Maximizing collaboration with BRI, its parent company, to develop
           mengembangkan ekosistem bisnis yang telah ada dan menggali                      the existing business ecosystem and explore derivative businesses
           bisnis turunan untuk ekosistem Bank BRI.                                        within BRI ecosystem.
    b) Melakukan pengembangan digitasi E2E Proses kredit Pinang                      b)    Developing E2E digitization of Pinang Maksima loan process by
           Maksima dengan melakukan pengembangan Web Apps untuk                            developing a WebView-based Web App for end-customers. This
           end customer berbasis webview dengan tujuan mempercepat                         aims to expedite the loan application process and enable end-
           layanan proses pengajuan kredit dan end customer dapat                          customers to monitor the status of their loan applications in real
           memonitor status proses kredit yang sedang diajukan secara real                 time.
           time.
    c) Memperluas jenis fasilitas kredit yang akan diberikan kepada                  c)    Expanding the range of loan facilities offered to customers by
           nasabah, dengan membuka produk sesuai kebutuhan nasabah                         offering products tailored to customer needs in the retail segment,
           pada segmen ritel baik Kredit Modal Kerja, Kredit Investasi, sampai             including Working Capital Loans, Investment Loans, and Bank
           dengan Bank Garansi.                                                            Guarantees.
    d) Melakukan pengembangan digitasi E2E proses kredit Bank Garansi                d)    Developing E2E digitization of Bank Guarantee loan process by
           dengan melakukan pengembangan Web Apps untuk end customer                       developing a WebView-based Web App for end-customers. This
           berbasis webview dengan tujuan mempercepat layanan proses                       aims to expedite the loan application process and enable end-
           pengajuan kredit dan end customer dapat memonitor status                        customers to monitor the status of their loan applications in real
           proses kredit yang sedang diajukan secara realtime.                             time.
    e) Melakukan integrasi dengan digital platform provider dengan                   e)    Integrating with digital platform providers using APIs to optimize
           menggunakan API untuk optimalisasi penyaluran dan pelayanan                     loan distribution and service delivery through supply chain financing
           kredit pola supply chain financing untuk Digital Partner yang telah             for Digital Partners partnered with Bank Raya.
           bekerjasama dengan Bank RAYA.
    f) Optimalkan penyaluran supply chain pada ekosistem BRI Group                   f)    Optimizing supply chain distribution within BRI Group ecosystem
           dan short listed BUMN & Swasta untuk akuisisi vendor dari                       and short-listed state-owned and private companies to acquire
           perusahaan tersebut melalui pola kerjasama maupun pola mandiri                  vendors from these companies through collaborative or independent
           (non kerjasama).                                                                (non-collaborative) models.
    g) Menggandeng business partner yang telah memiliki basis pelangan               g)    Partnering with business partners that have a large customer base
           yang besar dengan model bisnis close loop ecosystem dengan                      using a closed-loop ecosystem business model, including agency,
           produk keagenan, fintech, ride hailing, marketplace, food &                     fintech, ride-hailing, marketplace, food & beverage, and other
           beverage, dan ekosistem lainnya.                                                ecosystem products.
    h) Menjadi Bank as a Services dengan menggunakan layanan Open                    h)    Becoming a Bank as a Service by utilizing Open API services.
           API.
    i) Melakukan kerjasama dengan partner secara lebih selektif, yaitu               i)    Collaborating more selectively with partners, specifically those
           dengan partner yang memiliki pola kerjasama dengan mitigasi                     with collaborative models that incorporate additional risk mitigation
           risiko tambahan yang sesuai dengan risk appetite Bank.                          measures that align with the Bank's risk appetite.
    j) Memperluas kerjasama Pinang Connect ke partner fintech yang                   j)    Expanding Pinang Connect collaboration to fintech partners
           bergerak di sektor Konsumtif/Multiguna.                                         operating in the consumer/ multipurpose sector.
    k) Memperluas kerjasama pinjaman channeling ke segmen non                        k)    Expanding loan channeling collaboration to non-peer-to-peer
           peer to peer lending.                                                           lending segments.




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Segmen Menengah
Medium Segment

Segmen menengah Bank Raya menyalurkan kredit dan dana lainnya                    Bank Raya's middle segment distributes loans and other funds for productive
untuk kegiatan usaha yang produktif. Produk dan layanan perbankan yang           business activities. Bank Raya's banking products and services for this
ditawarkan oleh Bank Raya untuk segmen ini terdiri dari kredit dan penyediaan    segment consist of loans and other funding with total exposure (individual
dana lainnya dengan total eksposur (individual maupun group) diatas              and group) above Rp10 billion, up to the maximum legal lending limit (LLL)
Rp10 miliar sampai dengan batas maksimal penyaluran kredit (BMPK)                in accordance with applicable regulations, both direct and contingent, for
sesuai ketentuan berlaku baik direct maupun contingent, untuk kegiatan           productive business activities.
usaha yang produktif.

Sejalan dengan rencana bisnis Bank Raya, fokus pengembangan segmen               In line with Bank Raya's business plan, the focus of this segment's development
ini untuk tahun 2025 adalah sebagai berikut:                                     for 2025 was as follows:
•    Melakukan ekspansi secara selektif pada debitur yang diprioritaskan         •     Selectively expanding to prioritized borrowers with connections to BRI
     memiliki keterkaitan dengan ekosistem BRI sebagai salah satu bentuk               ecosystem as a form of risk mitigation in disbursing loans to the middle
     mitigasi risiko dalam menyalurkan pinjaman segmen menengah,                       segment. This expansion serves as a business buffer to maintain total
     dimana ekspansi tersebut dilakukan sebagai buffer bisnis untuk                    loan growth and ensure the proportion of total middle segment loans
     menjaga total pinjaman tetap tumbuh dan proporsi total kredit segmen              remains in line with the Bank's Business Plan.
     menengah dapat berjalan sesuai dengan Rencana Bisnis Bank.
•    Menjaga komposisi portofolio kredit segmen menengah terhadap                •   Maintaining the composition of middle-segment loan portfolio within
     total portofolio pinjaman, sehingga dapat selaras dengan tujuan                 the total loan portfolio, ensuring alignment with the Company's goal
     perusahaan yaitu meningkatkan komposisi portofolio kredit digital.              of increasing the digital loan portfolio’s composition.
•    Melakukan revamp kredit segmen menengah melalui proses write off            •   Revamping middle-segment loans through write-offs and/or repayment,
     dan/atau pelunasan baik secara natural maupun pelunasan dipercepat,             either through natural or accelerated repayment, credit restructuring,
     restrukturisasi kredit atau mekanisme lainnya, untuk menurunkan                 or other mechanisms, to reduce the Loan at Risk (LAR) percentage
     persentase Loan at Risk (LAR) serta meningkatkan kualitas dari portofolio       and improve the quality of middle-segment loan portfolio.
     kredit segmen menengah.
•    Melakukan retensi kepada debitur segmen menengah yang berkualitas           •   Retaining high-quality middle-segment borrowers, and maintaining
     baik, serta menjaga proporsi total kredit segmen menengah sesuai                the proportion of total middle-segment loans in line with the Bank's
     dengan Rencana Bisnis Bank.                                                     Business Plan.
•    Mengoptimalkan ekosistem bisnis debitur segmen menengah untuk               •   Optimizing the business ecosystem of middle-segment borrowers to
     dapat menjadi sumber pertumbuhan baru bagi produk bisnis digital,               become a new source of growth for digital business products, one of
     salah satunya melalui optimalisasi Value Chain Business debitur segmen          which is by optimizing the Business Value Chain of middle-segment
     menengah yang berpotensi untuk menjadi target market produk bisnis              borrowers who have the potential to become target markets for digital
     digital.                                                                        business products.
•    Mengoptimalkan Value Chain nasabah segmen menengah dan                      •   Optimizing the Value Chain of middle-segment and plasma customers
     plasma yang berpotensi untuk menjadi target market produk bisnis                who have the potential to become target markets for digital business
     digital.                                                                        products.
•    Melakukan cross selling terhadap debitur segmen menengah serta              •   Conducting cross-selling to middle segment debtors and their derivative
     ekosistem turunannya (trickle down business) untuk dapat menempatkan            ecosystem (trickle down business) to enable them to place savings
     dana simpanan serta aktif dalam bertransaksi di Bank Raya.                      funds and be active in transactions at Bank Raya.



Segmen Mikro
Micro Segment

Terakhir, segmen mikro digital Bank Raya menyediakan kredit melalui              Finally, Bank Raya's digital micro segment provides loans through its Pinang
produk Pinang Dana Talangan yang ditujukan pada agen laku pandai.                Dana Talangan product, aimed at Laku Pandai agents. In addition, Bank
Selain itu, Bank Raya juga menawarkan produk Pinang Performa yang                Raya also offers Pinang Performa product, which focuses on merchant
berfokus kepada merchant financing dan pinjaman untuk segmen pelaku              financing and loans for micro-entrepreneurs within the digital ecosystem.
usaha mikro yang tergabung dalam ekosistem digital.

Bank Raya menghadapi tantangan persaingan secara masif antar perbankan           Bank Raya faces the challenge of massive competition among banks and
dan perusahaan finansial lainnya yang saling berlomba menciptakan                other financial companies, who are vying to create superior services and
layanan dan produk unggulan guna memenuhi kebutuhan nasabah                      products to meet the needs of micro and small customers. In response,
segmen mikro dan kecil. Merespon kondisi tersebut, Bank Raya                     Bank Raya is optimizing its Pinang Performa Merchant Financing for Digital
mengoptimalkan program Pinang Performa Merchant Financing for Digital            Partner program.
Partner.

Selain itu, sebagai upaya pengembangan bisnis di segmen mikro, Bank              Furthermore, as an effort to develop business in the micro segment, Bank
Raya menjalankan sejumlah strategi sebagai berikut:                              Raya implements a number of strategies as follows:
•   Memberikan plafon kredit > Rp50 juta hingga Rp200 juta dengan                •    Providing a credit ceiling of > Rp50 million to Rp200 million with a short
    tenor pendek untuk kriteria Agen BRILink.                                         tenor for BRILink Agent criteria.
•   Memberikan program reward atau loyalty program kepada nasabah                •    Providing reward or loyalty programs to existing customers who actively
    eksisting yang aktif bertransaksi dengan nominal plafon tertentu.                 make transaction with a certain nominal amount.
•   Menetapkan tenor pinjaman baru dari pilihan tenor semula yaitu 3             •    Establishing new loan tenors from previously 3-day and 7-day options,
    hari dan 7 hari, dengan rincian yaitu:                                            with the following details:
    a) Agen BRILink dengan kategori pemberian Dana Talangan Sultan,                   a) BRILink agents in Dana Talangan Sultan, Jawara, and Juragan
          Jawara dan Juragan dapat memilih variasi tenor 3 hari, 7 hari,                   categories can choose from 3-day, 7-day, 14-day, and 30-day
          14 hari dan 30 hari.                                                             tenors.




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             Management Discussion and Analysis          Good Corporate Governance                 Sustainability Report                  Audited Financial Report




       b)   Agen BRILink dengan kategori pemula dapat memilih variasi                b)   BRILink agents in the beginner category can choose from 3-day,
            tenor 3 hari, 7 hari dan 14 hari.                                             7-day, and 14-day tenors.
•      Melakukan enhancement credit scoring engine Pinang Dana Talangan         •    Enhancing Pinang Dana Talangan loan scoring engine through the
       melalui utilisasi machine learning untuk mengetahui perilaku transaksi        use of machine learning to understand customer transaction behavior.
       nasabah.
•      Memperkuat sinergi dengan Regional Office BRI untuk optimalisasi         •    Strengthening synergy with BRI Regional Offices to optimize the use
       penggunaan Dana Talangan untuk usaha keagenan Agen Brilink.                   of Dana Talangan for BRILink agent agency businesses.
•      Melakukan eksplorasi untuk bisnis keagenan dan merchant diluar           •    Exploring agency and merchant business outside of BRILink agents.
       Agen BRILink.
•      Mengembangkan Dana Talangan dengan menggunakan teknologi                 •    Developing Dana Talangan using API technology to simplify and
       API untuk mempermudah dan memberikan fleksibilitas dalam integrasi            provide flexibility in integration with partner agency and merchant
       dengan bisnis keagenan dan merchant mitra.                                    businesses.
•      Menjalin kerjasama dengan mitra ekosistem partner digital untuk          •    Establishing collaboration with digital partner ecosystem partners to
       memberikan pinjaman berbasis digital Pinang Performa Merchant                 provide digital-based loans Pinang Performa Merchant Financing in
       Financing dalam closed-loop ecosystem antara merchant, distributor/           a closed-loop ecosystem among merchants, distributors/suppliers,
       supplier, dan partner digital dengan skema BNPL produktif.                    and digital partners with a productive BNPL scheme.



Penyaluran Kredit per Segmen Usaha
Loan Distribution by Business Segment

Bank Raya membukukan total nilai kredit yang disalurkan sebelum dikurangi       Bank Raya recorded a total value of loans disbursed based on operating
cadangan kerugian penurunan nilai (CKPN) atau gross senilai Rp7,72 triliun      segments before deducting allowances for impairment losses (CKPN) or
dengan pertumbuhan sebesar 8,27% year on year (yoy). Dari jumlah                gross value of Rp7,72 trillion, representing 8,27% year on year (yoy) growth.
tersebut, kredit yang diberikan untuk segmen menengah mencapai Rp3,79           Of this total, loans extended to the middle segment reached Rp3,79 trillion,
triliun atau tumbuh 0,25% yoy dan dengan kontribusi sebesar 49,18% atau         growing by 0,25% yoy and contributing 49,18%, the largest share among
terbesar dari semua segmen operasi.                                             all operating segments.

Segmen Ritel merupakan kontributor terbesar kedua dengan porsi kredit           The Retail segment is the second largest contributor, accounting for 18.23%
mencapai 18,23% pada tahun 2025. Penyaluran kredit Bank untuk segmen            of total credit in 2025. The Bank's credit disbursement for this operating
operasi ini mencapai Rp1,41 triliun dengan kenaikan sebesar 9,20% yoy.          segment reached Rp1.41 trillion, representing a 9.20% year-on-year increase.
Selanjutnya, penyaluran kredit untuk segmen konsumer dan mikro masing-          Furthermore, credit disbursement for the consumer and micro segments
masing tumbuh sebesar 9,39% yoy dan 41,04% yoy menjadi Rp1,32 triliun           grew by 9.39% year-on-year and 41.04% year-on-year to Rp1.32 trillion
dan Rp1,20 triliun. Kontribusi dari kedua segmen operasi ini adalah sebesar     and Rp1.20 trillion, respectively. The contributions from these two operating
17,06% dan 15,52% pada tahun 2025 sebagaimana dijelaskan pada tabel             segments were 17.06% and 15.52% in 2025, as illustrated in the following
dan pie chart berikut ini.                                                      table and pie chart.

Bank Raya terus memperkuat pertumbuhan bisnis digital secara prudent            Bank Raya continues to prudently strengthen its digital business growth,
yang saat ini porsinya terus meningkat menjadi 39,8% dari tahun sebelumnya      with its current share increasing to 39.8% from 32.1% the previous year, in
yaitu sebesar 32,1% sejalan dengan transformasi untuk terus memperkuat          line with its transformation to further strengthen digital business growth.
pertumbuhan bisnis digital. Bank Raya menargetkan di tahun 2026 bahwa           Bank Raya targets a larger share of digital loans than legacy loans by 2026.
porsi kredit digital akan lebih besar dari kredit legacy.


                                                                                                      (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                                                                                                                                    Perubahan
                             Uraian                                                                                                  Changes
                                                                  2025                      2024
                           Description
                                                                                                                       Nominal                        %

    Menengah                                                    3.794.746                 3.785.376                        9.370                      0,25%
    Medium
    Ritel                                                       1.406.769                 1.288.254                     118.515                       9.20%
    Retail
    Konsumer                                                    1.316.215                 1.203.192                     113.023                       9.39%
    Consumer
    Mikro                                                       1.197.593                  849.129                      348.464                      41.04%
    Micro
    Total                                                       7.715.323                 7.125.951                     589.372                       8.27%
    CKPN                                                      (1.442.219)            (1.046.214)                       (396.005)                   (37.85%)
    Allowance for Impairment Losses
    Total - Neto                                                6.273.104                 6.079.737                     193.367                       3.18%
    Total - Net




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                                  2025                                                                                         2024
                      15,52%                                                                                        11,92%




     17,06%                                                                                    16,88%

                                                              49,18%                                                                                    53,12%




                                                                                                          18,08%

                     18,23%

                                         Menengah | Medium       Ritel | Retail     Konsumer | Consumer        Mikro | Micro




Profitabilitas per Segmen Usaha
Profitability by Business Segment

Penjelasan terkait profitabilitas per segmen usaha Bank Raya untuk tahun            An overview of Bank Raya’s profitability by business segment for the 2025
buku 2025 dan perbandingan dengan tahun sebelumnya disajikan melalui                fiscal year, along with a comparison to the previous year, is presented in
tabel dan pie chart berikut ini.                                                    the following table and pie chart.

Tahun yang berakhir pada tanggal 31 Desember 2025                                   Year ending December 31, 2025

                                                                                                      (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                      Uraian                     Konsumer               Ritel           Menengah               Mikro              Lainnya               Total
                    Description                  Consumer               Retail           Medium                Micro               Others               Total

 Pendapataan bunga                                 291.443              100.998           247.379              205.481             344.961            1.190.262
 Interest income
 Beban bunga                                       (76.802)             (82.087)         (221.427)             (69.881)            (43.720)           (493.917)
 Interest expense
 Pendapatan bunga - neto                           214.641                18.911            25.952             135.600             301.241              696.345
 Interest income – net
 Pendapatan operasi lainnya                          10.359               32.642            87.658                  2.855           33.717              167.231
 Other operating income
 Total pendapatan                                  225.000                51.553          113.610              138.454             334.958              863.575
 Total income
 Beban operasi lainnya                             (89.130)             (94.257)         (203.312)             (79.792)           (172.311)           (638.802)
 Other operating expenses
 Penyisihan kerugian Penurunan Nilai              (163.307)             (51.068)         (317.014)             (22.302)                  78            (553.613)
 Allowance for impairment losses
 Total beban                                      (252.437)            (145.325)         (520.326)            (102.093)           (172.233)          (1.192.414)
 Total expenses
 Pendapatan non-operasional - neto                     908                    971            2.616                   826              1.801               7.122
 Non-operating income – net
 Laba (rugi) sebelum beban pajak penghasilan       (26.529)             (92.801)         (404.100)                 37.187          164.526            (321.717)
 Profit (loss) before income tax expense
 Beban (manfaat) pajak penghasilan - neto          (14.586)             (51.026)         (222.195)                 20.448           90.463            (176.896)
 Income tax expense (benefit) – net
 Laba (rugi) tahun berjalan                        (41.115)            (143.827)         (626.295)                 57.635          254.989            (498.613)
 Profit (loss) for the year
 Aset dan Liabilitas Segmen
 Assets and Liabilities Segment
 Aset                                             1.282.620            1.181.259         2.903.305            1.217.755           6.502.170          13.087.109
 Assets
 Liabilitas                                       1.107.397            1.170.165         6.386.624             996.170             415.417           10.075.773
 Liabilities




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       Management Discussion and Analysis               Good Corporate Governance                         Sustainability Report                   Audited Financial Report




Profitabilitas Tahun 2025
Profitability in 2025


                         Pendapatan bunga                                                                            Pendapatan bunga - bersih
                           Interest income                                                                              Interest income - net



                                                                                                                              3.73%            2.72%



                                                          20,78%

   28,98%


                                                                      8,49%                 43,26%
                                                                                                                                                                30,82%




    17,26%


                                            24,49%
                                                                                                                                               19,47%

                           Menengah | Medium         Ritel | Retail           Konsumer | Consumer         Mikro | Micro      Lainnya | Other




Informasi lengkap terkait kinerja profitabilitas per segmen usaha dapat                 Complete information on profitability performance by business segment
dilihat pada catatan no. 37 dari laporan keuangan auditan tahun 2025.                   is presented in Notes No. 37 to the audited financial statements for 2025.




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          Performance Highlights                    Management Report                      Company Profile                     Overview of Business Support Units




Perbankan Digital
Digital Banking

Peningkatan kinerja keuangan dan operasional Bank Raya pada tahun                    The improvement in Bank Raya’s financial and operational performance
2025 didukung oleh produk dan layanan perbankan digital melalui                      in 2025 was supported by its digital banking products and services through
implementasi strategi eksplorasi dan eksploitasi ekosistem. Eksplorasi               the implementation of ecosystem exploration and exploitation strategies.
dilakukan dalam rangka perluasan bisnis pada pasar dan ekosistem baru                Exploration initiatives were undertaken to expand the Bank’s business into
dan eksploitasi untuk mengoptimalkan produk dan ekosistem yang sudah                 new markets and ecosystems, and to optimize existing products and
ada. Bank Raya menawarkan beragam produk perbankan digital untuk                     ecosystems. Bank Raya offers a wide range of digital banking products to
memenuhi kebutuhan semua nasabah baik untuk produk simpanan maupun                   meet the diverse needs of customers, both digital savings and digital lending
pinjaman digital.                                                                    solutions.




        DIGITAL SAVING                                                                                              DIGITAL LOANS

                                                                                                                                              Productive Loans



                                                                                                                                Intraday loans for transaction
                           Saku Personal                                                                                        purpose to banking and
           Ensure daily financial transactions                                                                                  other agents
           of customer are met easily
           and practically


                                                                                                                                Supply chain financing for
                                                                                                                                retails business




                                                                                                                                Supply chain financing for
                             Saku Bisnis                                                                                        MSME business
           Provide financial management
           tools for personal and MSME
           business

                                                                                                                                Channeling loans



                                                  Bank Raya addresses all customer needs by
                                                 offering a wide range of comprehensive digital
                                                        products across various segments                                                     Consumptive Loans
                            Saku Bareng
                                                                                                                                Consumptive loans based on
           Offers seamless joint accounts                                                                                       payroll and transactions
           for communities




Didukung oleh produk dan layanan perbankan digital yang terdiversifikasi             Supported by a well-diversified range of digital banking products and
dengan baik tersebut, Bank Raya berhasil mencatatkan kinerja keuangan                services, Bank Raya successfully recorded improved financial performance
dari perbankan digital yang lebih baik sebagai berikut:                              from its digital banking operations as follows:


                                                                                                      (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                                                                                                                                       Perubahan
                                    Uraian                                                                                              Changes
                                                                         2025                       2024
                                  Description
                                                                                                                            Nominal                       %

 Penyaluran kredit produktif digital                                    27.499.375                19.605.031                 7.894.344                  40,27%
 Distribution of digital productive loans
 Outstanding kredit produktif digital                                    2.025.430                 1.443.740                   581.690                  40,29%
 Outstanding digital productive loans
 Penyaluran kredit konsumtif digital                                     1.260.146                   970.708                   289.438                  29,82%
 Distribution of digital consumptive loans
 Outstanding kredit konsumtif digital                                    1.041.168                   846.736                   194.432                  22,96%
 Outstanding digital consumptive loans
 Penyaluran kredit digital                                              28.759.521                20.575.738                 8.183.783                  39,77%
 Distribution of digital loans
 Outstanding kredit digital                                              3.066.598                 2.290.476                   776.122                  33,88%
 Outstanding digital loans
 Tabungan digital                                                        2.198.355                 1.318.967                   879.388                  66,67%
 Digital savings
 User Tabungan digital*                                                  1.738.639                 1.397.648                   340.991                  24,40%
 Digital savings users*
* dalam satuan orang | in number of people




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          Management Discussion and Analysis               Good Corporate Governance                           Sustainability Report                     Audited Financial Report




Tinjauan Operasi per Segmen Geografis
Operational Overview by Geographic Segment

Mengacu pada catatan laporan keuangan audited tahun 2025, Bank Raya                      Referring to the notes to the audited financial statements for 2025, Bank
membagi wilayah operasionalnya menjadi Jabodetabek, Jawa, Sumatera                       Raya divides its operational areas into Jabodetabek, Java, Sumatra, and
dan Sulawesi, dengan kinerja sebagai berikut:                                            Sulawesi, with performance details as follows:

Tahun yang berakhir pada tanggal 31 Desember 2025                                        Year ending December 31, 2025

                                                                                                                  (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                              Uraian                                                                Jawa
                                                                    Jabodetabek                                             Sumatera               Sulawesi                Total
                            Description                                                             Java

 Pendapatan bunga neto dan operasi lainnya                                808.508                   (14.296)                     59.606               9.757                863.575
 Net interest income and other operating income
 Laba (rugi) sebelum beban pajak penghasilan                             (263.112)                  (75.429)                     13.756               3.068               (321.717)
 Profit (loss) before income tax expense
 Aset dan Liabilitas Segmen
 Assets and Liabilities Segment
 Aset                                                                   11.960.516                  440.385                     629.398              56.810           13.087.109
 Assets
 Liabilitas                                                              8.195.326                 1.295.859                    567.076              17.512           10.075.773
 Liabilities



Tahun yang berakhir pada tanggal 31 Desember 2024                                        Year ending December 31, 2024

                                                                                                                 (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                              Uraian                                                                   Jawa
                                                                         Jabodetabek                                            Sumatera            Sulawesi                Total
                            Description                                                                Java

 Pendapatan bunga neto dan operasi lainnya                                  1.008.630                    (23.158)                   88.277              28.181             1.101.930
 Net interest income and other operating income
 Laba (rugi) sebelum beban pajak penghasilan                                  122.469                    (81.894)                    1.678              13.089                55.342
 Profit (loss) before income tax expense
 Aset dan Liabilitas Segmen
 Assets and Liabilities Segment
 Aset                                                                      12.196.538                    312.615                   556.993              62.775            13.128.920
 Assets
 Liabilitas                                                                 8.189.601                    856.246                   613.579              16.130             9.675.556
 Liabilities




Pendapatan bunga neto dan operasi lainnya
Net interest income and other operating income



                          2025                                                                                                       2024
                              1,13%
                  6,90%                                                                                                                    2,45%
                                          0,02%                                                                             7,69%                    0,00%
               -1,88%
                                                                                                                       -2,02%




                                                  93,61%
                                                                                                                                                                 87,84%




                                                   Jabodetabek   Jawa      Sumatera     Sulawesi     Lainnya | Other




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Tinjauan Keuangan
Financial Overview


Pemenuhan Terhadap Ketentuan Transparansi dan Publikasi Laporan Bank
Compliance with Transparency and Publication Requirements of Bank Reports
Bank Raya telah melakukan ketentuan terkait transparansi dan publikasi      Bank Raya has complied with the transparency and publication requirements
laporan sebagaimana yang diatur dalam POJK No. 14/POJK.04/2022              of reports as stipulated in POJK No. 14/POJK.04/2022 regarding Submission
tentang Penyampaian Laporan Berkala Keuangan Emiten atau Perusahaan         of Periodic Financial Reports of Issuers or Public Companies.
Publik.

Selanjutnya, sehubungan dengan diterbitkannya POJK No. 18 Tahun 2025        Furthermore, in connection with the issuance of POJK No. 18 of 2025 dated
tertanggal 8 Agustus 2025 tentang Transparansi dan Publikasi Laporan        August 8, 2025, on Transparency and Publication of Bank Reports, Bank Raya
Bank, Bank Raya berkomitmen untuk memenuhi ketentuan yang diatur            is committed to complying with the provisions set forth therein, which will
dalam POJK tersebut yang akan diberlakukan setelah 6 (enam) bulan           come into effect after a period of 6 (six) months from the date of promulgation.
terhitung sejak diundangkan. Sejumlah penyesuaian yang perlu dilakukan      Some necessary adjustments to ensure full compliance with the requirements
untuk memenuhi ketentuan POJK tersebut akan dipersiapkan oleh Bank.         of the aforementioned POJK will be undertaken by the Bank. In this regard,
Sehubungan dengan hal tersebut, Bank telah menyajikan laporan publikasi     the Bank has presented and published financial statements and financial
keuangan dan informasi kinerja keuangan, laporan publikasi eksposur         performance information, risk exposure and capital adequacy reports,
risiko dan permodalan, laporan publikasi informasi atau fakta material,     publication reports of material information or facts, prime lending rate reports,
laporan publikasi suku bunga dasar kredit, dan laporan lain sebagaimana     and other reports as required by the Financial Services Authority (OJK).
yang diatur oleh Otoritas Jasa Keuangan (OJK). Laporan publikasi bulanan,   Monthly, quarterly, and annual publication reports, as mandated under the
triwulanan, dan tahunan, sebagaimana diatur dalam POJK tersebut, telah      aforementioned POJK, have been duly presented by the Bank and are
disajikan oleh Bank dan dapat diakses melalui website.                      accessible through the Bank’s website.




Kepatuhan Terhadap Standar Akuntansi Keuangan
Compliance with Financial Accounting Standards

Laporan keuangan pada tanggal 31 Desember 2025 dan untuk tahun              The financial statements as of December 31, 2025 and for the year then
yang berakhir pada tanggal tersebut telah disusun dan disajikan sesuai      ended have been prepared and presented in line with Financial Accounting
dengan Standar Akuntansi Keuangan di Indonesia, yang mencakup               Standards in Indonesia, which comprise the Statements of Financial
Pernyataan Standar Akuntansi Keuangan (PSAK) dan Interpretasi Standar       Accounting Standards (PSAK) and Interpretations of Financial Accounting
Akuntansi Keuangan (ISAK) yang dikeluarkan oleh Dewan Standar Akuntansi     Standards (ISAK) issued by the Financial Accounting Standards Board of
Keuangan Ikatan Akuntan Indonesia (DSAK-IAI) dan Peraturan Badan            the Indonesian Institute of Accountants (DSAK-IAI), and Capital Market and
Pengawas Pasar Modal dan Lembaga Keuangan (Bapepam-LK) No. VIII.G.7         Financial Institution Supervisory Agency (Bapepam-LK) Regulation No.
lampiran keputusan Ketua Bapepam-LK No.KEP-347/BL/2012 tanggal 25           VIII.G.7 as per the attachment to the Decision of Chairman of Bapepam-LK
Juni 2012 tentang “Penyajian dan Pengungkapan Laporan Keuangan              No. KEP-347/BL/2012 dated June 25, 2012, on the “Presentation and
Emiten atau Perusahaan Publik”.                                             Disclosure of Financial Statements for Issuers or Public Companies.”




Penyajian Informasi Keuangan dan Opini Kantor Akuntan Publik
Presentation of Financial Information and Opinion of Public Accounting Firm

Tinjauan keuangan berikut ini disusun dengan mengacu pada laporan           The following financial overview has been prepared with reference to PT Bank
posisi keuangan PT Bank Raya Indonesia Tbk tanggal 31 Desember 2025,        Raya Indonesia Tbk’s statement of financial position as of December 31, 2025,
serta laporan laba rugi dan penghasilan komprehensif lain, dan laporan      as well as the statements of profit or loss and other comprehensive income,
arus kas untuk tahun yang berakhir pada tanggal tersebut, serta catatan     and the statement of cash flows for the year then ended, and notes to the
atas laporan keuangan, termasuk informasi kebijakan akuntansi material.     financial statements, including information on material accounting policies.

Kantor Akuntan Publik (KAP) Purwanto Susanti dan Surja telah mengaudit      Public Accounting Firm (KAP) Purwanto Susanti dan Surja audited the
laporan keuangan tersebut yang dilakukan oleh auditor Rindra Sulindro,      financial statements, conducted by auditor Rindra Sulindro, CPA, with Public
CPA dengan Registrasi Akuntan Publik No. AP.1865 979/KM.1/2022              Accountant Registration No. AP.1865 979/KM.1/2022 dated 28 November
tertanggal 28 November 2022. Selanjutnya laporan keuangan auditan ini       2022. The audited financial statements were subsequently submitted to
telah disampaikan kepada Bursa Efek Indonesia pada tanggal 16 Maret         the Indonesia Stock Exchange on March 16, 2026, well ahead of the
2026, jauh lebih awal dari batas akhir penyampaian pada akhir bulan         submission deadline at the end of March 2026.
Maret 2026.

KAP berpendapat bahwa laporan keuangan Bank Raya menyajikan secara          KAP believes that Bank Raya’s financial statements present fairly, in all
wajar, dalam semua hal yang material, posisi keuangan Bank Raya tanggal     material respects, the Company’s financial position as of December 31,
31 Desember 2025 serta kinerja keuangan dan arus kasnya untuk tahun         2025, as well as its financial performance and cash flows for the fiscal year
yang berakhir pada tanggal tersebut, sesuai dengan Standar Akuntansi        then ended, in accordance with Financial Accounting Standards in Indonesia.
Keuangan di Indonesia.




198 PT Bank Raya Indonesia Tbk
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        Analisis dan Pembahasan Manajemen              Tata Kelola Perusahaan                    Laporan Keberlanjutan                  Laporan Keuangan Audit
        Management Discussion and Analysis             Good Corporate Governance                 Sustainability Report                  Audited Financial Report




Laporan Posisi Keuangan
Statement of Financial Position
Bank Raya mencatatkan total aset senilai Rp13.087,11 miliar pada tahun          Bank Raya recorded total assets of Rp13,087.11 billion in 2025, with decrease
2025 dengan penurunan sebesar 0,32% yoy. Penurunan aset ini terutama            of 0.32% year-on-year. This decline in assets was primarily driven by a
didorong oleh penurunan aset non keuangan sebesar 28,01% yoy dari               28.01% year-on-year decline in non-financial assets, from Rp632.53 billion
Rp632,53 miliar menjadi Rp454,95 miliar seiring dengan penurunan aset           to Rp454.95 billion, in line with the decline in deferred tax assets recorded
pajak tangguhan yang dilakukan oleh Bank Raya selama tahun buku 2025            by Bank Raya during the 2025 financial year.

Bank Raya juga mencatatkan kenaikan liabilitas sebesar 4,14% dari               Bank Raya also recorded a 4.14% increase in liabilities, from Rp9,675.56
Rp9.675,56 miliar menjadi Rp10.075,77 miliar pada tahun 2025. Peningkatan       billion to Rp10,075.77 billion in 2025. This increase in liabilities was primarily
liabilitas ini terutama didukung oleh pertumbuhan simpanan nasabah              supported by growth in customer deposits, which play a crucial role in
yang berperan penting untuk mendukung ekspansi kredit. disisi lain, ekuitas     supporting credit expansion. Meanwhile, Bank Raya's equity decreased by
Bank Raya mengalami penurunan sebesar 12,80% yoy menjadi Rp3.011,34             12.80% year-on-year to Rp3,011.34 billion.
miliar

Kinerja yang lebih baik tersebut dicapai melalui efektivitas implementasi       This improved performance was achieved through the effective
strategi eksplorasi yakni perluasan bisnis pada pasar dan ekosistem baru.       implementation of the exploration strategy, namely, business expansion
Selain itu, Bank Raya juga mengoptimalkan produk dan ekosistem yang             into new markets and ecosystems. Besides, Bank Raya optimized its existing
sudah ada dengan menawarkan beragam produk perbankan digital untuk              products and ecosystems by offering a wide range of digital banking
memenuhi kebutuhan semua nasabah baik untuk produk simpanan maupun              products to meet the needs of all customers, including savings and digital
pinjaman digital.                                                               loan products.



                                                                                                (Dinyatakan dalam jutaan Rupiah | Expressed in millions of Rupiah)

                                                                                                                                        Perubahan
                                  Uraian                                                                                                 Change
                                                                              2025                    2024
                                Description
                                                                                                                            Nominal                   %

 Aset Keuangan                                                                12.632.157             12.496.914              135.243                   1,08%
 Financial Assets
 Aset Non Keuangan                                                              454.952                 632.006             (177.054)               (28,01%)
 Non-Financial Assets
 Total Aset                                                                   13.087.109             13.128.920              (41.811)                (0,32%)
 Total Assets
 Liabilitas Keuangan                                                           9.814.144              9.381.202              432.942                   4,61%
 Financial Liabilities
 Liabilitas Non Keuangan                                                        261.629                 294.354              (32.725)               (11,12%)
 Non-Financial Liabilities
 Total Liabilitas                                                             10.075.773              9.675.556              400.217                   4,14%
 Total Liabilities
 Ekuitas                                                                       3.011.336              3.453.364              (42.208)               (12,80%)
 Equity
 Total Liabilitas dan Ekuitas                                                 13.087.109             13.128.920              (41.811)                 (0,32%)
 Total Liabilities and Equity




Aset Keuangan                                                                   Financial Assets
Bank Raya mencatatkan pertumbuhan aset keuangan sebesar 1,08% yoy               Bank Raya recorded growth in financial assets of 1,08% yoy, increasing
dari Rp12.496,91 miliar pada tahun 2024 menjadi Rp12.632,16 miliar pada         from Rp12,496.91 billion in 2024 to Rp12.632.16 billion in 2025. The growth
tahun 2025. Pertumbuhan aset keuangan ini terutama didukung oleh                in financial assets was primarily supported by an increase in loans to
kenaikan kredit menjadi Rp6.273,10 miliar dengan pertumbuhan sebesar            Rp6.273,10 billion, representing a growth of 3,18% yoy, driven by the
3,18% yoy didukung oleh diversifikasi produk pinjaman digital yang              diversification of digital lending products offered by the Bank to all customer
ditawarkan Bank untuk semua nasabah untuk menopang ekspansi bisnis              segments aimed at supporting business expansion during 2025. In addition,
selama tahun 2025. Selain itu, aktiva produktif lain yang menunjukkan           other earning assets that recorded a significant increase were securities,
peningkatan signifikan adalah efek-efek yang mencapai Rp5.068,23 miliar         which reached Rp5.068,23 billion, representing a growth of 13,62% yoy.
dengan pertumbuhan sebesar 13,62% yoy.




                                                                                           Laporan Tahunan & Laporan Keberlanjutan
                                                                                                     Annual Report & Sustainability Report   2025 199
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          Ikhtisar Kinerja                           Laporan Manajemen            Profil Perusahaan                 Tinjauan Pendukung Bisnis
          Performance Highlights                     Management Report            Company Profile                   Overview of Business Support Units




                                                                                (Dinyatakan dalam jutaan Rupiah | Expressed in millions of Rupiah)

                                                                                                                             Perubahan
                                     Uraian                                                                                   Change
                                                                         2025                  2024
                                   Description
                                                                                                                   Nominal                 %

 Kas                                                                          9.227               15.976               (6.749)             (42,24%)
 Cash
 Giro pada Bank Indonesia                                                   677.613              491.827              185.786               37,77%
 Current accounts with Bank Indonesia
 Giro pada Bank Lain- Gross                                                 507.429              228.493              278.936              122,08%
 Current accounts with other banks – Gross
        Cadangan kerugian penurunan nilai                                       (31)                   (16)               (15)              93,75%
        Allowance for impairment losses
 Giro pada Bank Lain - Net                                                  507.398              228.477              278.921              122,08%
 Current accounts with other banks – Net
 Penempatan pada Bank Indonesia dan bank lain - Gross                              -             949.861             (949.861)            (100,00%)
 Placements with Bank Indonesia and other banks – Gross
        Cadangan kerugian penurunan nilai                                          -                      -                   -                0,00%
        Allowance for impairment losses
 Penempatan pada Bank Indonesia dan bank lain – Net                                              949.861             (949.861)            (100,00%)
 Placements with Bank Indonesia and other banks – Net
 Efek-efek                                                                5.068.330             4.460.715             607.615               13,62%
 Securities
        Cadangan kerugian penurunan nilai                                       (99)                  (112)                  13            (11,61%)
        Allowance for impairment losses
 Efek-efek – Net                                                          5.068.231             4.460.603             607.628               13,62%
 Securities – Net
 Efek-efek yang dibeli dengan janji dijual kembali                                 -             197.809             (197.808)            (100,00%)
 Securities purchased under agreement to resell
 Kredit yang diberikan - Gross                                            7.715.323             7.125.951             589.372                  8,27%
 Loans – Gross
        Cadangan kerugian penurunan nilai                                (1.442.219)          (1.046.214)            (396.005)              37,85%
        Allowance for impairment losses
 Kredit yang diberikan - Net                                              6.273.104             6.079.737             193.367                  3,18%
 Loans – Net
 Penyertaan saham                                                                78                     78                    -                0,00%
 Investment in shares
 Aset lain-lain                                                              96.506               72.547               23.959               33,03%
 Other assets
 Aset Keuangan                                                           12.632.157            12.496.914             135.243                  1,08%
 Financial assets




Kas                                                                        Cash
Bank Raya mencatatkan kas sebesar Rp9,23 miliar pada tahun 2025.           Bank Raya recorded cash of Rp9.23 billion in 2025. This decrease in cash
Penurunan kas sebesar 42,24% yoy dari tahun sebelumnya senilai Rp15,98     was 42.24% yoy from the previous year's Rp15.98 billion. This was due to
miliar hal ini disebabkan karena penurunan kas dalam mata uang Rupiah      a decrease in cash in Rupiah from Rp15.92 billion in 2024 to Rp9.23 billion.
dari Rp15,92 miliar pada tahun 2024 menjadi Rp9,23 miliar. Pada tahun      In 2025, Bank Raya reported that there was no unused cash and no cash
2025 Bank Raya melaporkan bahwa tidak terdapat kas yang tidak dapat        pledged as collateral.
digunakan dan tidak terdapat kas yang dijaminkan.


Giro pada Bank Indonesia                                                   Current Accounts with Bank Indonesia
Saldo giro pada Bank Indonesia disediakan untuk memenuhi persyaratan       Balances in current accounts with Bank Indonesia are maintained to fulfil
Giro Wajib Minimum (GWM) dari Bank Indonesia. Bank Raya mencatatkan        the Minimum Legal Reserve (GWM) stipulated by Bank Indonesia. Bank
kenaikan giro pada Bank Indonesia sebesar 37,77% yoy menjadi Rp677,61      Raya recorded an increase in current accounts with Bank Indonesia of
miliar pada tahun 2025 Dengan kenaikan ini dan sebagaimana pada            37,77% yoy to Rp677,61 billion in 2025. With this increase, and consistent
tahun-tahun sebelumnya, Bank Raya telah memenuhi rasio-rasio GWM           with prior years, Bank Raya has complied with the GWM ratios as prescribed
sebagaimana yang ditetapkan oleh Bank Indonesia. Penjelasan terkait        by Bank Indonesia. Further explanation regarding these ratios is presented
rasio akan disajikan secara terpisah di bagian rasio keuangan.             separately in the financial ratios section.




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         Analisis dan Pembahasan Manajemen             Tata Kelola Perusahaan                     Laporan Keberlanjutan                   Laporan Keuangan Audit
         Management Discussion and Analysis            Good Corporate Governance                  Sustainability Report                   Audited Financial Report




Giro pada Bank Lain                                                             Current Accounts with Other Banks
Bank Raya melaporkan giro pada bank lain mengalami kenaikan sebesar             Bank Raya reported that current accounts with other banks increased by
122,08% yoy dari Rp228,49 miliar pada tahun 2024 menjadi Rp507,43               122.08% yoy from Rp228.49 billion in 2024 to Rp507.43 billion in 2025.
miliar pada tahun 2025. Giro pada bank lain dari pihak berelasi yakni Bank      Current accounts with other banks from related parties, namely Bank Rakyat
Rakyat Indonesia selaku entitas induk senilai Rp499,08 miliar, lebih tinggi     Indonesia as the parent entity, amounted to Rp499,08 billion, higher than
dibandingkan sebesar Rp221,76 miliar pada tahun 2024. Kenaikan akun             Rp221,76 billion in 2024. The increase in this account was mainly influenced
ini terutama dipengaruhi oleh kenaikan giro pada bank lain berdenominasi        by the increase in current accounts with other banks denominated in Rupiah
Rupiah sebesar 128,31% menjadi Rp498.47 miliar pada tahun 2025.                 by 128.31% to Rp498,47 billion in 2025.

Bank Raya telah melakukan penilaian cadangan kerugian penurunan                 Bank Raya assessed the allowance for impairment losses on current accounts
nilai atas giro pada bank lain secara kolektif dengan mempertimbangkan          with other banks collectively, by taking into account the existence of
adanya bukti objektif penurunan nilai senilai Rp31,01 juta pada tahun 2025      objective evidence of impairment amounting to Rp31,01 million in 2025
dan Rp15,66 juta pada tahun 2024. Suku bunga rata-rata per tahun akun           and Rp15.66 million in 2024. The average annual interest rates for this
ini dalam mata uang Rupiah dan Dollar AS pada tahun 2025 adalah                 account in Rupiah and US Dollars in 2025 were 1,77% and 2,00%, respectively,
sebesar 1,77% dan 2,00% dibandingkan tahun sebelumnya sebesar 0,83%             compared with 0.83% and 0.09% in the previous year.
dan 0,09%.


Penempatan pada Bank Indonesia dan Bank Lain                                    Placements with Bank Indonesia and Other Banks
Bank Raya mencatatkan penurunan penempatan pada Bank Indonesia                  Bank Raya recorded a decrease in placements with Bank Indonesia (BI)
(BI) dan bank lain sebesar 100% yoy menjadi Rp0 miliar pada tahun 2025.         and other banks of 100% yoy to Rp0 billion in 2025. This decrease was
Penurunan ini disebabkan oleh berkurangnya penempatan pada BI berupa            mainly due to a reduction in placements with BI in the form of deposit
deposit facility dari Rp949,86 miliar pada tahun 2024 menjadi Rp0 miliar        facilities from Rp949.86 billion in 2024 to Rp0 billion in 2025. Nevertheless,
pada tahun 2025. Meski demikian, Bank Raya juga tidak membukukan                Bank Raya also did not record placements with BI in the form of term
penempatan pada BI berupa term deposit tahun 2025. Mengingat sisa               deposits in 2025. As the remaining maturity was less than or equal to 1
umur jatuh tempo kurang dari atau sama dengan 1 bulan dengan kolektibilitas     month and the collectability was classified as current, the Bank did not
lancar, maka Bank tidak mengalokasikan cadangan kerugian penurunan              allocate any allowance for impairment losses. The average annual interest
nilai. Suku bunga rata-rata per tahun akun ini untuk deposit facility dan       rates for deposit facilities and term deposits were 0,00% and 0,00%,
term deposit adalah sebesar 0,00% dan 0,00% pada tahun 2025 dibandingkan        respectively, in 2025, compared to the previous year with deposit facilities
tahun sebelumnya untuk deposit facility sebesar 5,34%.                          of 5.34%.


Efek-efek                                                                       Securities
Bank Raya berinvestasi pada beragam efek berupa obligasi pemerintah,            Bank Raya invests in various securities, such as government bonds, corporate
obligasi korporasi, Medium Term Notes (MTN), Negotiable Certificate of          bonds, Medium Term Notes (MTN), Negotiable Certificate of Deposits (NCD),
Deposits (NCD), Reksadana, Sekuritas Rupiah Bank Indonesia (SRBI) dengan        Mutual Funds, and Bank Indonesia Rupiah Securities (SRBI), with the carrying
nilai tercatat/nilai wajar sebagai berikut:                                     value/ fair values as follows:


                                                                                                    (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                                                                                                                                       Perubahan
                                     Uraian                                                                                             Change
                                                                              2025                    2024
                                   Description
                                                                                                                            Nominal                     %

 Obligasi Pemerintah                                                          4.149.751               3.403.860                745.891                  21,91%
 Government Bonds
 Obligasi Korporasi                                                            335.397                 234.935                 100.462                  42,76%
 Corporate Bonds
 Medium-Term Notes (MTN)                                                        10.175                   10.175                       -                  0,00%
 Medium-Term Notes (MTN)
 Negotiable Certificate of Deposits (NCD)                                        9.067                         -                  9.067                100,00%
 Negotiable Certificates of Deposit (NCD)
 Reksadana                                                                      91.816                   80.496                 11.320                  14,06%
 Mutual funds
 Sekuritas Rupiah Bank Indonesia (SRBI)                                        472.124                 731.249                (259.125)                (35,44%)
 Bank Indonesia Rupiah Securities (SRBI)
 Total                                                                        5.068.330               4.460.715                607.615                  13,62%
 Total
 CKPN                                                                                (99)                 (112)                      13                (11,61%)
 Allowance for impairment losses
 Efek-efek neto                                                               5.068.231               4.460.603                607.628                  13,62%
 Net securities




                                                                                            Laporan Tahunan & Laporan Keberlanjutan
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        Ikhtisar Kinerja                                   Laporan Manajemen                                            Profil Perusahaan                      Tinjauan Pendukung Bisnis
        Performance Highlights                             Management Report                                            Company Profile                        Overview of Business Support Units




Grafik Portofolio Efek
Chart of Securities Portfolio



                                           2025                                                                                                         2024

                            1,81%           9,32%                                                                                                   16,39%

                       0,20%
                                                                                                                              1,80%
                   6,62%                                                                                                  0,23%

                                                                                                                         5,27%
                                                                                 81,88%                                                                                  76,31%




                  Obligasi Pemerintah | Government Bonds       Obligasi Korporasi | Corporate Bonds        Medium-Term Notes (MTN) | Medium-Term Notes (MTN)

                                    Reksadana | Mutual Funds         Sekuritas Rupiah Bank Indonesia (SRBI) | Bank Indonesia Rupiah Securities (SRBI)




Obligasi Pemerintah masih berkontribusi terbesar terhadap portofolio efek                                     Government bonds continued to contribute the most significant portion to
Bank Raya yang secara kumulatif mencapai Rp4.149,75 miliar dengan                                             Bank Raya’s securities portfolio, which cumulatively amounted to Rp4.149,75
kenaikan sebesar 21,91% yoy pada tahun 2025. Efek berupa obligasi                                             billion with an increase of 21,91% yoy in 2025. Securities in the form of
pemerintah mencatatkan kenaikan sebesar 21,91% yoy menjadi Rp4.194,75                                         government bonds recorded an increase of 21,91% yoy to Rp4,194,75
miliar dengan kontribusi sebesar 81,88% pada tahun 2025. Obligasi                                             billion, contributing 81,88% of the total portfolio in 2025. Government bonds
pemerintah merupakan obligasi yang diterbitkan oleh Negara Republik                                           comprise bonds issued by the Government of the Republic of Indonesia,
Indonesia, termasuk Surat Perbendaharaan Negara (SPN), dalam rangka                                           including Treasury Bills (SPN), for the purpose of managing the government
pengelolaan portofolio surat utang negara.                                                                    debt securities portfolio.

Efek lain yang mencatatkan kenaikan adalah obligasi korporasi dan reksa                                       Other securities that recorded growth included corporate bonds and mutual
dana masing-masing mencapai Rp335,40 miliar dan Rp91,82 miliar. Kedua                                         funds, amounting to Rp335,40 billion and Rp91,82 billion, respectively.
jenis efek ini mampu tumbuh sebesar 42,76% yoy dan 14,06% yoy pada                                            These two types of securities grew by 42,76% yoy and 14,06% yoy, respectively,
akhir tahun 2025. Di tengah kenaikan efek-efek tersebut di atas, Bank Raya                                    as of the end of 2025. Amid the increase in the aforementioned securities,
menurunkan porsi investasi pada Sekuritas Rupiah Bank Indonesia (SRBI)                                        Bank Raya reduced its proportion of investment in Bank Indonesia Rupiah
menjadi 35,44% pada tahun 2025 dari sebesar 16,39% pada tahun                                                 Securities (SRBI) to 35,44% in 2025, down from 16.39% in the previous year.
sebelumnya. Investasi pada efek berupa SRBI mencapai Rp472,12 miliar                                          Investment in securities in the form of SRBI amounted to Rp472,12 billion
pada tahun 2025 atau mengalami penurunan sebesar 35,44% yoy.                                                  in 2025, representing a decrease of 35,44% yoy.

Seluruh efek-efek diklasifikasikan “lancar”. Meski demikian, Bank Raya                                        All securities were classified as “current.” Nevertheless, Bank Raya allocated
mengalokasikan CKPN senilai Rp99,04 juta pada tahun 2025 dibandingkan                                         allowance for impairment losses amounting to Rp99,04 million in 2025,
senilai Rp112,05 juta pada tahun sebelumnya. Tingkat suku bunga rata-                                         compared with Rp112.05 million in the previous year. The average annual
rata per tahun untuk efek-efek adalah sebesar 6,41% pada tahun 2025                                           interest rate on securities was 6,41% in 2025, compared with 6.73% in the
dari 6,73% pada tahun sebelumnya.                                                                             prior year.


Efek-efek yang dibeli dengan janji dijual kembali                                                             Securities purchased under agreement to resell
Bank Raya tidak mencatatkan efek-efek yang dibeli dengan janji dijual                                         Bank Raya did not record any securities purchased under agreement to
kembali pada tanggal 31 Desember 2025. Pada tahun sebelumnya, akun                                            resell as of December 31, 2025. In the previous year, this account amounted
ini mencapai Rp197,81miliar.                                                                                  to Rp197.81 billion.


Kredit yang diberikan                                                                                         Loans
Ekspansi bisnis Bank Raya ditunjukkan dengan peningkatan aktivitas                                            Bank Raya’s business expansion was reflected in the increase in lending
penyaluran kredit dengan nilai akun kredit yang diberikan – bruto tumbuh                                      activities, with gross loans outstanding growing by 8,27% yoy to Rp7.715,32
8,27% yoy menjadi Rp7.715,32 miliar pada tahun 2025.                                                          billion in 2025.

Bank Raya berhasil membukukan pertumbuhan kredit – bruto yang diberikan                                       Bank Raya successfully recorded a growth in gross loans of Rp7.715,32
senilai Rp7.715,32 miliar pada tahun 2025 Pertumbuhan sebesar 8,27%                                           billion in 2025, representing an increase of 8,27% yoy compared with
yoy dibandingkan senilai Rp7.125,95 miliar pada tahun sebelumnya sejalan                                      Rp7.125,95 billion in the previous year, which was in line with the increase
dengan peningkatan penyaluran semua jenis kredit yang diberikan untuk                                         in the disbursement of all types of loans during the 2025 fiscal year, as
tahun buku 2025 sebagaimana dijelaskan pada tabel berikut ini.                                                presented in the following table.




202 PT Bank Raya Indonesia Tbk
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         Analisis dan Pembahasan Manajemen                         Tata Kelola Perusahaan                                Laporan Keberlanjutan                            Laporan Keuangan Audit
         Management Discussion and Analysis                        Good Corporate Governance                             Sustainability Report                            Audited Financial Report




                                                                                                                          (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                                                                                                                                                                      Perubahan
                                     Uraian                                                                                                                            Change
                                                                                                2025                            2024
                                   Description
                                                                                                                                                       Nominal                            %

 Investasi                                                                                    2.506.540                       2.553.111                  (46.571)                       (1,82%)
 Investment
 Modal kerja                                                                                  2.640.222                       2.167.529                  472.693                        21,81%
 Working capital
 Konsumsi                                                                                     1.316.214                       1.208.143                  108.071                         8,95%
 Consumption
 Program                                                                                        245.562                         291.283                  (45.721)                      (15,70%)
 Program
 Sindikasi                                                                                    1.006.785                         905.885                  100.900                        11,14%
 Syndication
 Total                                                                                        7.715.323                       7.125.951                  589.372                         8,27%
 Total
 CKPN                                                                                        (1.442.219)                  (1.046.214)                  (396.005)                        37,85%
 Allowance for impairment losses
 Kredit yang diberikan - neto                                                                 6.273.104                       6.079.737                  193.367                         3,18%
 Loans – net




Grafik Portofolio Kredit yang Diberikan - Jenis Kredit
Chart of Loan Portfolio - Type of Loan




                                             2025                                                                                             2024
                                   13,05%                                                                                          12,71%

                      3,18%                                                                                             4,09%


                                                                           32,49%                                                                                             35,85%


                   17,06%
                                                                                                                     16,95%




                                                                         34,22%                                                                                              30,42%




                                   Investasi | Investment   Modal Kerja | Working capital   Konsumsi | Consumption        Program | Program     Sindikasi | Syndication




Komposisi Bank Raya terdiversifikasi dengan baik dengan kontribusi terbesar                        The composition of Bank Raya’s loan portfolio is well diversified, with the largest
masih diberikan oleh Kredit Modal Kerja sebesar 34,22% pada tahun 2025.                            contribution continuing to be derived from Working Capital Loans, which
Jenis kredit ini mampu tumbuh sebesar 21,81% yoy menjadi Rp2.640,22                                accounted for 34.22% in 2025. This loan category recorded a year-on-year
miliar. Kredit Investasi sebagai kontributor terbesar kedua sebesar 32,49%                         growth of 21.81%, reaching Rp2,640.22 billion. Investment Loans represented
walaupun mengalami penurunan sebesar 1,82% yoy menjadi Rp2.506,54                                  the second-largest contributor at 32.49%, although this segment experienced
miliar. Selanjutnya, kredit konsumsi Bank Raya mencapai Rp1.316,21 miliar                          a 1.82% year-on-year decline, amounting to Rp2,506.54 billion. Meanwhile,
dengan pertumbuhan sebesar 8,95% yoy. Kontribusi kredit ini adalah                                 Consumer Loans reached Rp1,316.21 billion, reflecting a year-on-year growth
sebesar 17,06% pada tahun 2025.                                                                    of 8.95% This loan segment contributed 17.06% to the total loan portfolio in 2025.

Kredit sindikasi dan membukukan pertumbuhan sebesar 11,14% yoy dan                                 Syndicated loans recorded growth of 11.14% yoy, while program loans
kredit program yang mengalami penurunan 15,70% yoy. Per 31 Desember                                experienced a decline of 15.70% yoy. As of December 31, 2025, the
2025, nilai nominal kedua jenis kredit ini yang belum jatuh tempo mencapai                         outstanding nominal amounts of these two loan types that had not yet
Rp1.006,79 miliar dan Rp245,56 miliar.                                                             matured reached Rp1.006,79 billion and Rp245,56 billion.

Sementara itu, jika dilihat dari jenis mata uang, Bank Raya hanya menyalurkan                      Meanwhile, in terms of currency denomination, Bank Raya has disbursed
kredit dalam mata uang Rupiah dalam dua tahun terakhir. Dengan demikian,                           loans exclusively in Rupiah over the past two years. Accordingly, all
nilai outstanding kredit yang diberikan dalam dua tahun terakhir semua                             outstanding loans over the last two years were denominated in Rupiah.
nya dalam mata uang Rupiah.




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          Ikhtisar Kinerja                       Laporan Manajemen                                        Profil Perusahaan                        Tinjauan Pendukung Bisnis
          Performance Highlights                 Management Report                                        Company Profile                          Overview of Business Support Units




                                                                                                                         (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                                                                                                                                                               Perubahan
                                     Uraian                                                                                                                     Change
                                                                                            2025                              2024
                                   Description
                                                                                                                                                 Nominal                       %

 Rupiah                                                                                   7.715.323                          7.125.951             589.372                    8,27%
 Dollar AS                                                                                            -                               -                    -                  0,00%
 US Dollar
 Total Kredit yang Diberikan                                                              7.715.323                          7.125.951             589.372                    8,27%
 Total Loans Disbursed
 CKPN                                                                                    (1.442.219)                     (1.046.214)             (396.005)                   37,85%
 Allowance for impairment losses
 Kredit yang diberikan - neto                                                             6.273.104                          6.079.737             193.367                    3,18%
 Loans – net


Berdasarkan pihak penerima kredit, kredit yang diberikan kepada pihak                         Based on the loan recipients, loans disbursed to third parties increased by
ketiga meningkat sebesar 11,98% yoy menjadi Rp6.595,73 miliar pada                            11,98% yoy to Rp6.595,73 billion in 2025. Loans disbursed to third parties
tahun 2025. Kredit kepada pihak ketiga berkontribusi signifikan sebesar                       contributed significantly, accounting for 85,49% of total loans. Meanwhile,
85,49% dari total kredit. Sementara itu, kredit kepada pihak berelasi yang                    loans disbursed to related parties that contributed 14,51% recorded an
berkontribusi sebesar 14,51% mencatatkan penurunan sebesar 9,41% yoy                          decrease of 9,41% yoy to Rp1.119,59 billion.
menjadi Rp1.119,59 miliar.


                                                                                                                         (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                                                                                                                                                               Perubahan
                                     Uraian                                                                                                                     Change
                                                                                            2025                              2024
                                   Description
                                                                                                                                                 Nominal                      %

 Pihak ketiga                                                                             6.595.730                          5.890.017             705.713                   11,98%
 Third party
 Pihak berelasi                                                                           1.119.593                          1.235.934           (116.341)                   (9,41%)
 Related party
 Total Kredit yang Diberikan                                                              7.715.323                          7.125.951             589.372                    8,27%
 Total Loans Disbursed
 CKPN                                                                                    (1.442.219)                     (1.046.214)             (396.005)                   37,85%
 Allowance for impairment losses
 Kredit yang diberikan - neto                                                             6.273.104                          6.079.737             193.367                    3,18%
 Loans – net


Grafik Portofolio Kredit yang Diberikan - Pihak Ketiga dan Pihak Berelasi
Chart of Loan Portfolio - Third Party and Related Party



                                   2025                                                                                                    2024

                  17,34%                                                                                                     14,51%




                                                   82,66%                                                                                                           85,49%




                                                            Pihak ketiga | Third party      Pihak berelasi | Related party




204 PT Bank Raya Indonesia Tbk
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         Management Discussion and Analysis            Good Corporate Governance                 Sustainability Report                  Audited Financial Report




Terakhir, dilihat dari sektor ekonomi, penyaluran kredit Bank Raya juga          Lastly, from the perspective of economic sectors, Bank Raya’s loan
terdiversifikasi dengan baik. Kontribusi dominan masih ditunjukkan sektor        disbursement was also well diversified. The dominant contribution continued
pertanian dengan porsi sebanyak 32,80% dan mampu tumbuh 4,08% yoy                to come from the agricultural sector with 32,80% portion and was able to
menjadi Rp2.530,72 miliar pada tahun 2025. Sektor Lain lain sebagai              grow 4,08% yoy to Rp2.530,72 billion in 2025. Others sector, as the second-
kontributor terbesar nomor dua mencatatkan kenaikan 12,47% yoy menjadi           largest contributor, recorded an increase of 12,47% yoy to Rp1.407,35
Rp1.407,35 miliar dengan kontribusi sebesar 18,24%.                              billion, representing a contribution of 18,24%.

Kredit yang diberikan pada umumnya dijamin dengan agunan yang diikat             Loans are typically secured by collateral such as a mortgage, power of
dengan hak tanggungan, surat kuasa untuk menjual, giro, tabungan,                attorney to sell, demand deposits, saving deposits, time deposits, or other
deposito atau jaminan lain yang umumnya diterima oleh perbankan. Bank            collateral that banks accept. Bank Raya allocated an allowance for
Raya mengalokasikan CKPN sebesar Rp1.442,22 miliar pada tahun 2025,              impairment losses of Rp1.442,22 billion in 2025, which was higher than the
lebih tinggi dibandingkan senilai Rp1.046,21 miliar pada tahun sebelumnya.       previous year’s amount of Rp1,046.21 billion. Bank Raya’s Management
Manajemen Bank Raya berpendapat bahwa jumlah CKPN yang dibentuk                  believes that the amount of allowance for impairment losses determined
pada tanggal 31 Desember 2025 dan 2024 telah memadai. Selain itu,                as of December 31, 2025 and 2024 was adequate. Besides, there were no
tidak terdapat kredit yang diberikan yang dialihkan dan/atau digunakan           loans that were transferred and/or used as collateral for debt.
sebagai jaminan atas utang.

                                                                                                   (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                                                                                                                                        Perubahan
                                     Uraian                                                                                              Change
                                                                                2025                  2024
                                   Description
                                                                                                                           Nominal                     %

 Pertanian                                                                    2.530.716             2.431.505                 99.211                  4,08%
 Agriculture
 Perindustrian                                                                  670.942               785.886               (114.944)               (14,63%)
 Industry
 Perdagangan                                                                    639.147               696.633                (57.486)                (8,25%)
 Trading
 Pengangkutan                                                                    14.909                16.937                 (2.028)               (11,97%)
 Transportation
 Konstruksi                                                                   1.043.199               992.702                 50.497                  5,09%
 Construction
 Jasa Dunia Usaha                                                             1.381.844               908.604                473.240                 52,08%
 Business Services
 Jasa pelayanan sosial                                                           16.632                22.791                 (6.159)               (27,02%)
 Social Services
 Listrik, gas, dan air                                                            5.835                 9.673                 (3.838)               (39,68%)
 Electricity, gas, and water
 Pertambangan                                                                     4.745                 9.882                 (5.137)               (51,98%)
 Mining
 Lain-lain                                                                    1.407.354             1.251.339                156.015                 12,47%
 Others
 Total                                                                        7.715.323             7.125.951                589.372                  8,27%
 Total
 CKPN                                                                        (1.442.219)           (1.046.214)              (396.005)                37,85%
 Allowance for impairment losses
 Kredit yang diberikan - neto                                                 6.273.104             6.079.737                193.367                  3,18%
 Loans – Net




                                                                                           Laporan Tahunan & Laporan Keberlanjutan
                                                                                                     Annual Report & Sustainability Report   2025 205
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        Ikhtisar Kinerja                                          Laporan Manajemen                                            Profil Perusahaan                                     Tinjauan Pendukung Bisnis
        Performance Highlights                                    Management Report                                            Company Profile                                       Overview of Business Support Units




Grafik Portofolio Kredit yang Diberikan - Sektor Ekonomi
Chart of Loan Portfolio - Economic Sector




                                                   2025                                                                                                                   2024
                                          18,24%                                                                                                               17,56%

                       0,06%                                                                                                                   0,14%
                      0,08%                                                                                                                   0,14%
                      0,22%                                                         32,80%                                                    0,32%                                                          34,12%

                                                                                                                                           12,75%
                    17,91%



                                                                                   8,70%                                                                                                                  11,03%
                                                                                                                                                      13,93%
                               13,52%
                                                   0,19%          8,28%                                                                                           0,24%            9,78%


                Pertanian | Agriculture                 Perindustrian | Industry                  Perdagangan | Trading                                  Pengangkutan | Transportation      Konstruksi | Construction
                Jasa Dunia Usaha | Business Services    Jasa Pelayanan Sosial | Social Services   Listrik,Gas dan Air | Electricity, gas, and water      Pertambangan | Mining              Lain-lain | Others




Tingkat suku bunga rata-rata per tahun untuk kredit yang diberikan adalah                                           The average annual interest rates on loans disbursed amounted to 12.74%
sebesar 12,74% untuk suku bunga kontraktual dan 14,57% untuk suku                                                   for contractual interest rates and 14.57% for effective interest rates,
bunga efektif dalam mata uang Rupiah pada tahun 2025. Pada tahun                                                    denominated in Rupiah, in 2025. In the previous year, the respective interest
sebelum, kedua suku bunga tersebut masing-masing sebesar 11,71% dan                                                 rates were 11.71% and 12.51%.
12,51%.

Penyertaan saham                                                                                                    Investment in shares
Sebagaimana pada tahun-tahun sebelumnya, Bank Raya masih mencatatkan                                                As in the previous year, Bank Raya continued to record investment in shares
penyertaan saham senilai Rp77,51 juta atas 3 perusahaan yakni PT BPR                                                amounting to Rp77.51 million in 3 companies, namely PT BPR Cinta Manis
Cinta Manis Agroloka (Kepemilikan : 1,75%); PT BPR Bungamayang Agroloka                                             Agroloka (Ownership: 1.75%); PT BPR Bungamayang Agroloka (1.12%);
(Kepemilikan : 1,12%); dan PT Aplikanusa Lintasarta (Kepemilikan : 0,02%).                                          and PT Aplikanusa Lintasarta (0.02%). As of December 31, 2025, and 2024,
Pada tanggal 31 Desember 2025 dan 2024, seluruh penyertaan saham                                                    all investments in shares were classified as current, and therefore, no
diklasifikasikan lancar sehingga tidak diperlukan adanya CKPN.                                                      allowance for impairment losses was required.


Aset lain-lain                                                                                                      Other Assets
Aset lain-lain yang diklasifikasikan sebagai aktiva keuangan terdiri dari                                           Other assets classified as financial assets consisted of interest receivables
piutang bunga dan piutang lain-lain yang mencapai Rp96,51 miliar pada                                               and other receivables, amounting to Rp96.51 billion as of 2025. This account
tahun 2025. Nilai akun ini lebih tinggi 33,03% dibandingkan tahun sebelumnya                                        value was 33.03% higher than the previous year’s amount of Rp72.55 billion.
senilai Rp72,55 miliar.


Aset Non Keuangan                                                                                                   Non-Financial Assets
Bank Raya mencatatkan jumlah aset non keuangan senilai Rp452,74 miliar                                              Bank Raya recorded non-financial assets amounting to Rp452,74 billion
pada tahun 2025 dengan penurunan sebesar 28,36% yoy. Berkurangnya                                                   in 2025, representing a decrease of 28,36% yoy. The decline in non-financial
aset non keuangan ini terutama dipengaruhi oleh berkurangnya aset pajak                                             assets was primarily due to a reduction in deferred tax assets and the net
tangguhan dan nilai buku neto dari aset tetap dan aset hak guna masing-                                             book value of fixed assets and right-of-use assets, which respectively
masing sebesar 100,00% yoy dan 8,89% yoy. Penjelasan masing-masing                                                  decreased by 100,00% yoy and 8,89% yoy. The details of each account
akun adalah sebagai berikut:                                                                                        are as follows:

                                                                                                                                                  (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                                                                                                                                                                                                  Perubahan
                                            Uraian                                                                                                                                                 Change
                                                                                                                 2025                                  2024
                                          Description
                                                                                                                                                                                  Nominal                                %

 Aset tetap dan aset hak guna                                                                                     585.044                              569.093                           15.951                          2,80%
 Fixed assets and right-of-use assets
      Akumulasi penyusutan                                                                                     (260.801)                              (213.222)                     (47.579)                            22,31%
      Accumulated depreciation
 Aset tetap dan aset hak guna – Neto                                                                              324.243                              355.871                      (31.628)                            (8,89%)
 Fixed assets and right-of-use assets - Net




206 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen               Tata Kelola Perusahaan                  Laporan Keberlanjutan                   Laporan Keuangan Audit
       Management Discussion and Analysis              Good Corporate Governance               Sustainability Report                   Audited Financial Report




                                                                                                 (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                                                                                                                                       Perubahan
                                  Uraian                                                                                                Change
                                                                              2025                 2024
                                Description
                                                                                                                         Nominal                       %

 Aset tak berwujud - Neto                                                      89.785                61.989                 27.796                   44,84%
 Intangible assets - Net
 Aset pajak tangguhan                                                                -             179.935               (179.935)                 (100,00%)
 Deferred tax assets
 Agunan yang diambil alih                                                       6.044                 6.044                        -                  0,00%
 Foreclosed collaterals
      Cadangan kerugian penurunan nilai                                        (1.207)              (1.207)                        -                  0,00%
      Allowance for Impairment Losses
 Agunan yang diambil alih - Neto                                                4.837                 4.837                        -                  0,00%
 Foreclosed collaterals - Net
 Biaya dibayar dimuka dan aset lain-lain                                       36.087                29.375                  6.712                   22,85%
 Prepaid expenses and other assets
 Aset Non Keuangan                                                            454.952              632.006                (177.054)                 (28,01%)
 Non-Financial Assets




Aset Tetap dan Aset Hak Guna                                                   Fixed Assets and Right-of-Use Assets
Bank Raya mencatatkan aset tetap dan aset hak guna senilai Rp324,24            Bank Raya recorded fixed assets and right-of-use assets amounting to
miliar pada tahun 2025. Penurunan sebesar 8,89% yoy ini terutama disebabkan    Rp324,24 billion as of 2025. There was a decline of 8,89% yoy, which was
oleh kenaikan akumulasi penyusutan sebesar 22,31% dari Rp213,22 miliar         mainly due to an increase in accumulated depreciation of 22,31%, from
pada tahun 2024 menjadi Rp260,80 miliar pada tahun 2025.                       Rp213.22 billion in 2024 to Rp260,80 billion in 2025.


Aset Tak Berwujud - Neto                                                       Intangible Assets – Net
Aset tak berwujud berupa perangkat lunak mengalami kenaikan sebesar            Intangible assets in the form of software increased by 44,84% yoy to Rp89,79
44,84% yoy menjadi Rp89,79 miliar pada tahun 2025. Kenaikan ini terutama       billion in 2025. This increase was primarily influenced by additional software
dipengaruhi oleh adanya penambahan harga perolehan perangkat lunak             acquisition costs amounting to Rp46,81 billion throughout the year.
senilai Rp46,81 miliar pada tahun tersebut.


Aset Pajak Tangguhan                                                           Deferred Tax Assets
Manajemen Bank berpendapat bahwa aset pajak tangguhan per 31                   The Bank’s management believes that the deferred tax assets per December
Desember 2025 yang timbul dari perbedaan temporer diperkirakan tidak           31, 2025 resulted from temporary differences are not expected to be
dapat direalisasikan pada periode mendatang. Manajemen telah                   realized in the next period. Management has charged the deferred tax
membebankan aset pajak tangguhan tersebut ke laba rugi dan rugi                assets to profit or loss and other comprehensive loss in 2025 amounting to
komprehensif lain di tahun 2025 masing-masing sebesar Rp172,75 miliar          Rp172.75 billion and Rp7.17 billion, respectively.
dan Rp7,17 miliar.

Berdasarkan Peraturan Menteri Keuangan Republik Indonesia Nomor 74             Based on the Regulation of the Minister of Finance of the Republic of
Tahun 2024 ("PMK 74") tentang Pembentukan Cadangan Piutang Tak                 Indonesia Number 74 Year 2024 ("PMK 74") concerning the Establishment
Tertagih yang Boleh Dikurangkan dari Penghasilan Bruto, terdapat perubahan     of Reserves for Uncollectible Receivables that Can Be Deductible from
pada ketentuan perhitungan penyisihan piutang tak tertagih yang boleh          Gross Income, there are changes to the provisions for calculating the
dikurangkan dari penghasilan bruto. Selisih lebih antara saldo awal            allowance for uncollectible receivables that can be deducted from gross
cadangan piutang tak tertagih tahun 2024 yang dihitung menggunakan             income. The excess difference between the beginning balance of the 2024
PMK 74 dan saldo akhir cadangan piutang tak tertagih tahun 2023 yang           uncollectible receivables reserve calculated using PMK 74 and the ending
dihitung menggunakan peraturan sebelumnya dapat diakui oleh Bank               balance of the 2023 uncollectible receivables reserve calculated using the
sebagai beban yang dapat dikurangkan pada tahun fiskal 2024 dan 2025.          previous regulation may be recognized by the Bank as a deductible expense
Terkait dengan hal tersebut, aset pajak tangguhan yang dimanfaatkan            in the 2024 and 2025 fiscal years. Related to this, the deferred tax assets
Bank pada tahun fiskal 2024 adalah sebesar Rp35,69 miliar, sedangkan           utilized by the Bank in fiscal year 2024 are Rp35.69 billion, while the deffered
aset pajak tangguhan yang dibebankan Bank pada tahun fiskal 2025               tax assets expensed by the Bank in fiscal year 2025 are Rp53.54 billion.
adalah sebesar Rp53,54 miliar.


Agunan yang Diambil Alih                                                       Foreclosed Collateral
Agunan yang diambil alih Bank Raya mencapai Rp4,84 miliar pada tahun           Foreclosed collateral acquired by Bank Raya totalled Rp4,84 billion as of
2025. Nilai akun ini tidak mengalami perubahan dibandingkan tahun              2025. The value of this account remained unchanged compared to the
sebelumnya.                                                                    previous year.




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         Performance Highlights                      Management Report                     Company Profile                      Overview of Business Support Units




Biaya Dibayar Dimuka dan Aset Lain-lain                                           Prepaid Expenses and Other Assets
Setelah dikurangi aset lain-lain yang termasuk kategori aset keuangan,            After deducting other assets categorized as financial assets, the value of
nilai akun ini mencapai Rp36,09 miliar pada tahun 2025. Capaian ini               this account reached Rp36.09 billion in 2024. This achievement represented
22,84% lebih tinggi dibandingkan sebesar Rp29,38 miliar pada tahun                a increase of 22.84% compared to Rp29.38 billion in the previous year.
sebelumnya.


Liabilitas Keuangan                                                               Financial Liabilities
Dari sisi liabilitas, sejalan dengan pertumbuhan aset keuangan, Bank Raya         In terms of liabilities, consistent with the growth in financial assets, Bank
juga mencatatkan kenaikan liabilitas keuangan pada tahun 2025. Liabilitas         Raya also recorded an increase in financial liabilities in 2025. Financial
keuangan mengalami kenaikan sebesar 4,61% yoy dari Rp9.381,20 miliar              liabilities increased by 4,61% yoy from Rp9,381.20 billion in 2024 to
pada tahun 2024 menjadi Rp9.814,14 miliar pada tahun 2025. Peningkatan            Rp9.814,14 billion in 2025. This increase in financial liabilities was primarily
liabilitas keuangan ini terutama disebabkan oleh pertumbuhan simpanan             influenced by the growth in deposits from customers of 17,36% yoy to
nasabah sebesar 17,36% yoy menjadi Rp9.544,99 miliar pada tahun 2025              Rp9.544,99 billion in 2025, as described below:
sebagaimana dijelaskan berikut ini:


                                                                                                      (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                                                                                                                                            Perubahan
                                    Uraian                                                                                                   Change
                                                                                2025                    2024
                                  Description
                                                                                                                              Nominal                       %

 Liabilitas segera                                                               21.427                   23.642                 (2.215)                  (9,37%)
 Liabilities due immediately
 Simpanan nasabah                                                              9.544.986               8.133.053              1.411.934                   17,36%
 Deposits from customers
 Simpanan dari bank lain                                                        192.006                 867.000               (674.994)                  (77,85%)
 Deposits from other banks
 Efek-efek yang dijual dengan janji dibeli kembali                                     -                290.683               (290.683)                 (100,00%)
 Securities sold under agreement to repurchase
 Liabilitas akseptasi                                                                  -                       -                        -                  0,00%
 Acceptances payable
 Pinjaman yang diterima                                                          12.556                   13.622                 (1.066)                  (7,83%)
 Fund borrowings
 Liabilitas lain-lain                                                            43.168                   53.202               (10.034)                  (18,86%)
 Other liabilities
 Liabilitas Keuangan                                                           9.814.144               9.381.202                432.942                    4,61%
 Financial Liabilities




Liabilitas segera                                                                 Liabilities due immediately
Bank Raya membukukan penurunan liabilitas segera sebesar 9,37% yoy                Bank Raya recorded a decrease in liabilities due immediately of 9,37% yoy
menjadi Rp21,43 miliar pada tahun 2025. Dibandingkan sebesar Rp23,64              to Rp21,43 billion in 2025. Compared with Rp23.64 billion, the decrease
miliar, berkurangnya akun ini terutama dipengaruhi oleh penurunan liabilitas      in this account was primarily attributable to an decrease in liabilities due
segera berupa biaya umum dan administrasi menjadi Rp17,03 miliar pada             immediately related to general and administrative expenses, which rose
tahun 2025 dari Rp22,26 miliar pada tahun sebelumnya.                             to Rp17,03 billion in 2025 from Rp22,26 billion in the previous year.


Simpanan nasabah                                                                  Deposits from Customers
Dana pihak ketiga (DPK) Bank Raya terdiri dari giro, tabungan, dan deposito       Bank Raya’s third party funds (DPK) consist of demand deposits, saving
berjangka. Secara kumulatif, DPK Bank Raya mampu tumbuh sebesar                   deposits, and time deposits. Cumulatively, Bank Raya’s third party funds
17,36% yoy menjadi Rp9.544,99 miliar pada tahun 2025. Kenaikan DPK                grew by 17,36% yoy to Rp9.544,99 billion in 2025. The increase in third
ini didukung oleh peningkatan dari ketiga jenis simpanan nasabah tersebut         party funds was supported by growth across all three categories of deposits
selama tahun 2025.                                                                from customers throughout 2025.


Giro                                                                              Demand Deposits
Bank Raya mencatatkan giro senilai Rp837,17 miliar pada tahun 2025.               Bank Raya recorded demand deposits of Rp837,17 billion in 2025. The 17,11%
Pertumbuhan sebesar 17,11% yoy terutama disebabkan oleh kenaikan                  yoy growth was primarily due to an increase in demand deposits from third
giro yang berasal dari pihak ketiga dalam mata uang Rupiah yang mencapai          parties denominated in Rupiah, which reached Rp587,31 billion with a growth
Rp587,31 miliar dengan kenaikan sebesar 158,24% yoy. Secara kumulatif,            of 158,24% yoy. On a cumulative basis, demand deposits from third parties
giro dari pihak ketiga naik 157,00% yoy menjadi Rp588,58 miliar dengan            increased by 157,00% yoy to Rp588,58 billion with 70,31% contribution.
kontribusi sebesar 70,31%. Sementara itu, giro dari pihak berelasi mencapai       Meanwhile, demand deposits from related parties amounted to Rp248,59
Rp248,59 miliar atau berkurang 48,83% yoy.                                        billion, representing a decrease of 48,83% yoy.




208 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen               Tata Kelola Perusahaan                                    Laporan Keberlanjutan                     Laporan Keuangan Audit
       Management Discussion and Analysis              Good Corporate Governance                                 Sustainability Report                     Audited Financial Report




                                                                                                                    (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                                                                                                                                                           Perubahan
                                Uraian                                                                                                                      Change
                                                                                       2025                             2024
                              Description
                                                                                                                                              Nominal                     %

 Pihak ketiga                                                                          588.578                          229.020                 359.558                157,00%
 Third Party
 Pihak berelasi                                                                        248.588                          485.846                (237.258)               (48,83%)
 Related Party
 Giro                                                                                  837.166                          714.866                 122.300                   17,11%
 Demand Deposits



Grafik Portofolio Giro - Pihak
Chart of Demand Deposits Portfolio - Party



                             2025                                                                                                      2024

                29,69%


                                                                                                                                                                 32,04%




                                                                                                              67,96%
                                                 70,31%




                                                          Pihak ketiga | Third party   Pihak berelasi | Related party




Sementara itu, jika dilihat dari jenis mata uang, giro dalam mata uang                   Meanwhile, when viewed by currency denomination, demand deposits in
Rupiah masih dominan yang mencapai Rp835,79 miliar pada tahun 2025                       Rupiah remained dominant, amounting to Rp835.79 billion in 2025, with
dengan pertumbuhan sebesar 17,56% yoy. Capaian ini mencapai 99,84%                       growth of 17.56% yoy. This balance represented 99.84% and 99.45% of
dan 99,45% dari total giro Bank Raya pada tahun 2025 dan 2024. Tingkat                   Bank Raya’s total demand deposits in 2025 and 2024, respectively. The
suku bunga rata-rata per tahun untuk giro Rupiah dan Dollar AS masing-                   average annual interest rates for Rupiah and US Dollar demand deposits
masing sebesar 2,35% dan 0,20% untuk tahun 2025 serta 1,67% dan 0,21%                    were 2.35% and 0.20%, respectively, in 2025, compared with 1.67% and
untuk tahun 2024.                                                                        0.21% in 2024.


Tabungan                                                                                 Saving Deposits
Selain giro, Bank Raya juga membukukan peningkatan DPK berbiaya                          In addition to demand deposits, Bank Raya also recorded growth in other
murah lainnya berupa Tabungan. Kenaikan tabungan Bank ini juga berasal                   low-cost deposits in the form of Saving Deposits. The increase in the Bank’s
dari pihak ketiga sebesar 58,83% yoy menjadi Rp2.337,82 miliar pada                      saving deposits was derived from third parties, which grew by 58,83% yoy
tahun 2025. Secara kumulatif, Bank Raya mampu mencatatkan tabungan                       to Rp2.337,82 billion in 2025. Cumulatively, Bank Raya recorded saving
senilai Rp2.371,89 miliar. Kontribusi tabungan dari pihak ketiga dan pihak               deposits totalling Rp2.371,89 billion. The contributions of saving deposits
berelasi masing-masing sebesar 98,56% dan 1,44%. Kenaikan tabungan                       from third parties and related parties amounted to 98,56% and1,44%,
ini didukung oleh inovasi produk dan layanan perbankan digital Bank Raya                 respectively. The growth in saving deposits was supported by innovations
yang mampu mendorong peningkatan DPK berupa tabungan.                                    in Bank Raya’s digital banking products and services, which successfully
                                                                                         drove an increase in third party funds in the form of saving deposits.




                                                                                                     Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                        Annual Report & Sustainability Report   2025 209
Page 210
        Ikhtisar Kinerja                       Laporan Manajemen                                Profil Perusahaan                           Tinjauan Pendukung Bisnis
        Performance Highlights                 Management Report                                Company Profile                             Overview of Business Support Units




                                                                                                                  (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                                                                                                                                                      Perubahan
                                   Uraian                                                                                                              Change
                                                                                     2025                              2024
                                 Description
                                                                                                                                          Nominal                    %

 Pihak ketiga                                                                      2.337.818                          1.471.877             865.941                58,83%
 Third Party
 Pihak berelasi                                                                       34.072                            49.957             (15.885)               (31,80%)
 Related Party
 Tabungan                                                                          2.371.890                          1.521.834             850.056                55,86%
 Saving Deposits


Grafik Portofolio Tabungan - Pihak Ketiga dan Pihak Berelasi
Chart of Saving Deposits Portfolio - Third Party and Related Party



                                      2025                                                                                2024
                                  1,44%                                                                                 3,28%

                                                  98,56%                                                                                    96,72%




                                                      Pihak ketiga | Third party     Pihak berelasi | Related party




Dilihat dari jenis tabungan, Tabungan Raya Infiniti masih memberikan                   When viewed by type of saving deposits, Tabungan Raya Infiniti continued
kontribusi terbesar sebesar 56,46% atau setara dengan Rp1.339,282 miliar               to be the largest contributor, accounting for 56,46% or equivalent to
dengan kenaikan 53,01% yoy pada tahun 2025. Selanjutnya Tabungan                       Rp1.339,282 billion, with a growth of 53,01% yoy in 2025. Furthermore,
Raya mencapai Rp1.022,830 miliar. Dibandingkan tahun sebelumnya                        Tabungan Raya reached Rp1.022,830 billion. Compared with Rp619.220
senilai Rp619,220 miliar, jenis tabungan ini mampu tumbuh 65,18% yoy.                  billion in the previous year, this type of saving deposits recorded a growth
                                                                                       of 65,18% yoy.


                                                                                                                  (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                                                                                                                                                      Perubahan
                                   Uraian                                                                                                              Change
                                                                                     2025                              2024
                                 Description
                                                                                                                                          Nominal                    %

 Tabungan Raya Infiniti                                                            1.339.282                          875.306              463.976                 53,01%
 Tabungan Raya                                                                     1.022.830                          619.220              403.610                 65,18%
 Tabungan Raya Multima                                                                1.626                             2.715               (1.089)               (40,11%)
 Tabunganku                                                                           3.206                             3.439                (233)                 (6,78%)
 Tabungan Berhadiah                                                                   4.946                            21.153             (16.207)                (76,62%)
 Tabungan                                                                          2.371.890                      1.521.834                850.056                 55,86%
 Saving Deposits




210 PT Bank Raya Indonesia Tbk
Page 211
       Analisis dan Pembahasan Manajemen              Tata Kelola Perusahaan                                Laporan Keberlanjutan                   Laporan Keuangan Audit
       Management Discussion and Analysis             Good Corporate Governance                             Sustainability Report                   Audited Financial Report




Grafik Portofolio Tabungan - Jenis Tabungan
Chart of Saving Deposits Portfolio - Type of Saving Deposits


                                    2025                                                                                        2024
                                 0,14%                                                                                     0,23%
                               0,07%         0,21%                                                                       0,18%       1,39%
                      43,12%

                                                                                                          40,69%




                                                     56,46%                                                                                           57,52%




                                                     Tabungan Raya Infiniti   Tabungan Raya   Tabungan Raya Multima
                                                                     Tabunganku    Tabungan Berhadiah




Tingkat suku bunga rata-rata per tahun untuk tabungan adalah 3,15% dan                   The average annual interest rates for savings deposits were 3.15% and 2.97%
2,97% masing-masing untuk tahun yang berakhir pada tanggal 31 Desember                   for the years ended December 31, 2025, and December 31, 2024, respectively.
2025 dan 31 Desember 2024. Bank Raya melaporkan tabungan yang                            Bank Raya reported that savings deposits pledged as collateral for banking
dijadikan jaminan atas fasilitas perbankan yang diberikan oleh Bank Raya                 facilities provided by Bank Raya amounted to Rp336,66 billion and Rp70,14
masing-masing sebesar Rp336,66 miliar dan Rp70,14 miliar pada tanggal                    billion as of December 31, 2025, and December 31, 2024, respectively.
31 Desember 2025 dan 31 Desember 2024.

Dengan memperhitungkan jumlah giro dan tabungan diatas, maka DPK                         By calculating the balances of demand deposits and savings deposits as
berbiaya murah Bank Raya mencapai Rp3.209,06 miliar pada 2025 dengan                     described above, Bank Raya’s low-cost deposits reached Rp3.209,06 billion
pertumbuhan sebesar 43,47% yoy. Porsi DPK berbiaya murah terhadap                        in 2025 with a growth of 43.47% yoy. The proportion of low-cost deposits to
total DPK mencapai 33,62% dan 27,50% pada tahun 2025 dan 2024.                           total third party funds amounted to 33.62% and 27.50% in 2025 and 2024,
                                                                                         respectively.


Deposito Berjangka                                                                       Time Deposits
DPK Bank Raya yang berasal dari deposito berjangka mencapai Rp6.335,93                   Third party funds of Bank Raya derived from time deposits amounted to
miliar pada tahun 2025. Kenaikan sebesar 7,46% yoy dari tahun sebelumnya                 Rp6.335,93 billion in 2025. The increase of 7.46% yoy compared to the
terutama didukung oleh deposito dari pihak berelasi yang mencapai                        previous year was primarily supported by deposits from related parties,
Rp972,55 miliar dengan pertumbuhan sebesar 49,90% yoy. Sementara itu,                    which reached Rp972,55 billion with a growth of 49.90% yoy. Meanwhile,
deposito berjangka yang berasal dari pihak ketiga mengalami kenaikan                     time deposits from third parties increase by 2.21% yoy to Rp5.363,38 billion.
sebesar 2,21% yoy menjadi Rp5.363,38 miliar. Perbandingan kontribusi                     The contribution ratio of time deposits from third parties and related parties
deposito berjangka dari pihak ketiga dan pihak berelasi adalah 84,65% :                  was 84.65% : 15.35% in 2025. On a cumulative basis, the contribution of
15,35% pada tahun 2025. Secara kumulatif, kontribusi deposito berjangka                  time deposits to total deposits from customers reached 66.38% in 2025,
terhadap simpanan nasabah mencapai 66,38% pada tahun 2025 dan                            compared with 72.50% in 2024.
72,50% pada tahun 2024.


                                                                                                               (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                                                                                                                                                    Perubahan
                                 Uraian                                                                                                              Change
                                                                                       2025                       2024
                               Description
                                                                                                                                        Nominal                   %

 Pihak ketiga                                                                        5.363.377                  5.247.539                 115.838                2,21%
 Third Party
 Pihak berelasi                                                                        972.553                    648.814                 323.739               49,90%
 Related Party
 Deposito Berjangka                                                                  6.335.930                  5.896.353                 439.577                7,46%
 Time Deposits




                                                                                                   Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                  Annual Report & Sustainability Report   2025 211
Page 212
        Ikhtisar Kinerja                         Laporan Manajemen                                        Profil Perusahaan                           Tinjauan Pendukung Bisnis
        Performance Highlights                   Management Report                                        Company Profile                             Overview of Business Support Units




Grafik Portofolio Deposito Berjangka - Pihak
Chart of Time Deposits Portfolio - Parties



                                        2025                                                                                                          2024
                                                                                                                                            11,00%

                      15,35%


                                                                                                                                                                             89,00%




                                                          84,65%




                                                                    Pihak ketiga | Third party            Pihak berelasi | Related party




Sementara itu, jika dilihat dari jenis deposito berjangka, produk deposito                       Whereas, based on types of time deposits, deposit products continued to
masih berkontribusi terbesar yakni sebesar 66,38% pada tahun 2025. Bank                          be the main contributor, amounting to 66.38% in 2025. Bank Raya recorded
Raya mencatatkan pertumbuhan deposito sebesar 7,46% yoy menjadi                                  growth in time deposits of 7.46% yoy to Rp6,335.93 billion. In contrast,
Rp6.335,93 miliar. Sementara itu, deposits on call berkontribusi lebih rendah                    deposits on call accounted for a smaller contribution of 0.04%, equivalent
sebesar 0,04% atau setara dengan Rp3,50 miliar dengan penurunan                                  to Rp3.50 billion, representing an decrease of 99.24% yoy.
sebesar 99,24% yoy.

Tingkat suku bunga rata-rata per tahun untuk deposito berjangka dalam                            The average annual interest rates for time deposits denominated in Rupiah
mata uang Rupiah dan Dollar masing-masing sebesar 5,89% dan 1,48%                                and US Dollars were 5.89% and 1.48%, respectively, in 2025, compared
untuk tahun 2025 dan 5,37% dan 3,85% untuk tahun 2024.                                           with 5.37% and 3.85% in 2024.


                                                                                                                           (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                                                                                                                                                              Perubahan
                                   Uraian                                                                                                                      Change
                                                                                           2025                                2024
                                 Description
                                                                                                                                                   Nominal                    %

 Deposits on call                                                                                 3.500                          463.425              (459.925)             (99,24%)
 Deposito                                                                                 6.332.430                           5.432.928                899.502                16,56%
 Deposits
 Deposito Berjangka                                                                       6.335.930                           5.896.353                439.577                 7,46%
 Time Deposits



Grafik Portofolio Deposito Berjangka - Jenis
Chart of Term Deposits Portfolio - Types



                                         2025                                                                                                          2024
                                      0,06%                                                                                                   7,86%




                                                                                                                                                                              92,14%




                                                           99,94%




                                                                    Deposits on call | Deposits on call          Deposito | Deposits




212 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen              Tata Kelola Perusahaan                  Laporan Keberlanjutan                  Laporan Keuangan Audit
       Management Discussion and Analysis             Good Corporate Governance               Sustainability Report                  Audited Financial Report




Simpanan dari Bank Lain                                                       Deposits from Other Banks
Selain dari dana pihak ketiga, Bank Raya juga memperoleh sumber               In addition to third party funds, Bank Raya also obtained funding sources
pendanaan yang berasal dari simpanan dari bank lain. Secara kumulatif,        from deposits placed by other banks. Cumulatively, deposits from other
simpanan dari bank lain mencapai Rp192,01 miliar dengan penurunan             banks amounted to Rp192.01 billion, representing a decrease of 77.85%
sebesar 77,85% yoy. Berkurangnya akun ini terutama dipengaruhi oleh           yoy. The decline in this account was primarily attributable to the absence
tidak dicatatkannya kembali perolehan Interbank call money dari pihak         of inter-bank call money placements from related parties in 2025, compared
berelasi pada tahun 2025 dibandingkan sebesar Rp400 miliar pada tahun         with Rp400 billion recorded in the previous year.
sebelumnya.

Tingkat suku bunga rata-rata per tahun untuk simpanan dari bank lain          The average annual interest rates for deposits from other banks, comprising
untuk deposito berjangka, Interbank call money masing-masing sebesar          time deposits and inter-bank call money, were 5.01%, 0,22% and 5.56%,
5,01%, 0,22% dan 5,56% pada tahun 2025 dan 3,00%, 0,00% dan 6,32%             respectively, in 2025, compared with 3.00%, 0.00% and 6.32%, respectively,
untuk tahun 2024.                                                             in 2024.


                                                                                                (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                                                                                                                                    Perubahan
                               Uraian                                                                                                Change
                                                                            2025                   2024
                             Description
                                                                                                                         Nominal                    %

 Interbank call money                                                       175.000               855.000               (680.000)                (79,53%)
 Deposito berjangka                                                          13.000                 12.000                  1.000                  8,33%
 Time Deposits
 Giro                                                                         4.006                       -                 4.006                100,00%
 Demand Deposits
 Simpanan dari bank lain                                                    192.006               867.000               (674.994)                (77,85%)
 Deposits from other banks




Pinjaman yang diterima                                                        Fund Borrowings
Bank Raya juga menerima pinjaman mencapai Rp12,56 miliar pada tahun           Bank Raya also recorded fund borrowings amounting to Rp12.56 billion in
2025. Capaian ini lebih rendah sebesar 7,82% dibandingkan tahun               2025. This achievement was 7.82% lowers than the previous year, which
sebelumnya senilai Rp13,62 miliar. Pinjaman tersebut diberikan oleh           stood at Rp13.62 billion. The fund borrowings were obtained from PT Sarana
PT Sarana Multigriya Finansial untuk penyaluran KPR Sejahtera bagi            Multigriya Finansial to support the distribution of KPR Sejahtera for low-
masyarakat berpenghasilan rendah. Fasilitas pinjaman ini memiliki jangka      income communities. This loan facility has a maximum tenor of 20 (twenty)
waktu paling lama 20 (dua puluh) tahun sejak tanggal pencairan fasilitas      years from the date of loan disbursement, with an interest rate of no less
pinjaman dengan suku bunga paling rendah sebesar 4,45% per tahun.             than 4.45% per annum.


Liabilitas Lain-lain                                                          Other Liabilities
Liabilitas lain-lain yang masuk dalam kategori liabilitas keuangan adalah     Other liabilities classified as financial liabilities consist of accrued interests,
bunga yang masih harus dibayar, liabilitas sewa, dan setoran jaminan.         lease liabilities, and security deposits. Cumulatively, this account amounted
Secara kumulatif, akun ini mencapai Rp43,17 miliar atau mengalami             to Rp43.17 billion or increased by 18.86% yoy compared with Rp53.20
penurunan sebesar 18,86% yoy dibandingkan pada tahun sebelumnya               billion in the previous year.
sebesar Rp53,20 miliar.


Liabilitas Non Keuangan                                                       Non-Financial Liabilities
Sejalan dengan kenaikan liabilitas keuangan, Bank Raya juga mencatatkan       In line with the increase in financial liabilities, Bank Raya also recorded
pertumbuhan liabilitas non keuangan sebesar 11,12% yoy dari Rp294,36          growth in non-financial liabilities of 11.12% yoy, from Rp294.36 billion in
miliar pada tahun 2024 menjadi Rp261,63 miliar pada tahun 2025.               2024 to Rp261.63 billion in 2025. This decrease was primarily influenced
Penurunan ini terutama dipengaruhi oleh peningkatan liabilitas lain-lain      by the rise in other liabilities, as further explained below:
sebagaimana penjelasan berikut ini:




                                                                                      Laporan Tahunan & Laporan Keberlanjutan
                                                                                                   Annual Report & Sustainability Report   2025 213
Page 214
         Ikhtisar Kinerja                          Laporan Manajemen                  Profil Perusahaan                    Tinjauan Pendukung Bisnis
         Performance Highlights                    Management Report                  Company Profile                      Overview of Business Support Units




                                                                                                 (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                                                                                                                                     Perubahan
                                       Uraian                                                                                         Change
                                                                            2025                   2024
                                     Description
                                                                                                                         Nominal                   %

 Utang pajak                                                                 10.084                   9.917                    167                  1,68%
 Taxes payable
 Estimasi kerugian komitmen dan kontinjensi                                   1.262                   1.040                    222                 21,35%
 Estimated losses on commitments and contingencies
 Liabilitas imbalan kerja                                                   112.567                100.635                  11.932                 11,86%
 Liabilities for employee benefits
 Liabilitas lain-lain                                                       137.716                182.762                (45.046)               (24,65%)
 Other liabilities
 Liabilitas Non Keuangan                                                    261.629                294.354                (32.725)               (11,12%)
 Non-Financial Liabilities




Utang Pajak                                                                  Taxes Payable
Bank Raya mencatatkan kenaikan utang pajak sebesar 1,68% yoy menjadi         Bank Raya recorded an increase in taxes payable of 1.68% yoy to Rp10.08
Rp10,08 miliar pada tahun 2025. Dibandingkan tahun sebelumnya sebesar        billion in 2025. Compared to the previous year of Rp9.92 billion, this increase
Rp9,92 miliar, kenaikan ini terutama disebabkan oleh utang pajak dari        was primarily attributable to income tax payable from Article 21, which
pasal 21 yang meningkat dari Rp0,63 miliar pada tahun 2024 menjadi           rose from Rp0.63 billion in 2024 to Rp1.50 billion in 2025.
Rp1,50 miliar pada tahun 2025.


Estimasi Kerugian Komitmen dan Kontinjensi                                   Estimated Losses on Commitments and Contingencies
Estimasi kerugian komitmen dan kontinjensi yang dibukukan oleh Bank          Estimated losses on commitments and contingencies recorded by Bank
Raya mencapai Rp1,26 miliar pada tahun 2025. Nilai akun ini meningkat        Raya amounted to Rp1.26 billion in 2025. The value of this account increased
21,35% terutama disebabkan oleh kenaikan fasilitas kredit yang belum         by 21.35% primarily due to the rise in undrawn credit facilities, from Rp1.04
ditarik dari Rp1,04 miliar pada tahun 2024 menjadi Rp1,26 miliar pada        billion in 2024 to Rp1.26 billion in the subsequent year.
tahun berikutnya.


Liabilitas Imbalan Kerja                                                     Liabilities for Employee Benefits
Bank Raya melaporkan kenaikan liabilitas imbalan kerja menjadi Rp112,57      Bank Raya reported an increase in liabilities for employee benefits to
miliar pada tahun 2025. Dibandingkan tahun sebelumnya, akun ini mengalami    Rp112.57 billion in 2025. Compared to the previous year, this account
kenaikan sebesar 11,86% yoy.                                                 increased by 11.86% yoy.


Liabilitas Lain-lain                                                         Other Liabilities
Liabilitas lain-lain yang masuk dalam kategori liabilitas non keuangan       Other liabilities included in the category of non-financial liabilities amounted
adalah sebesar Rp137,72 miliar pada tahun 2025. Nilai akun ini lebih         to Rp137.72 billion in 2025. This balance was decreased by 24.65% yoy
rendah 24,65% yoy dibandingkan tahun sebelumnya sebesar Rp182,76             compared with Rp182.76 billion in the previous year, in line with the account
miliar seiring dengan penurunan akun ini yang berasal dari penurunan         decrease comes from a decrease in case reserves to Rp1 billion in 2025
cadangan perkara menjadi Rp1 miliar pada tahun 2025 dari sebesar             from Rp10.16 billion in 2024
Rp10,16 miliar pada tahun 2024.


Ekuitas                                                                      Equity
Bank Raya membukukan penurunan ekuitas sebesar 12,80% yoy menjadi            Bank Raya recorded an increase in equity of 12,80% yoy to Rp3,011.34
Rp3.011,34 miliar pada tahun 2025. Dibandingkan sebesar Rp3.453,36           billion in 2025. Compared with Rp3.453,36 billion in the previous year, This
miliar pada tahun sebelumnya, penurunan ini terutama dipengaruhi oleh        decline was primarily driven by the increase in the negative balance of
kenaikan saldo negatif laba ditahan akibat tekanan pada kinerja Bank         retained earnings as a result of pressure on the Bank’s performance in 2025.
di tahun 2025.




214 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                      Tata Kelola Perusahaan                 Laporan Keberlanjutan                   Laporan Keuangan Audit
       Management Discussion and Analysis                     Good Corporate Governance              Sustainability Report                   Audited Financial Report




                                                                                                       (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                                                                                                                                             Perubahan
                                   Uraian                                                                                                     Change
                                                                                    2025                  2024
                                 Description
                                                                                                                               Nominal                      %

 Modal ditempatkan dan disetor penuh                                              2.474.049             2.474.049                        -                  0,00%
 Issued and fully paid capital
 Tambahan modal disetor                                                           3.735.117             3.735.117                        -                  0,00%
 Additional paid-in capital
 Modal saham diperoleh kembali (saham treasuri)                                    (15.590)                (5.971)                (9.619)                 161,10%
 Treasury stock
 Opsi saham                                                                                -                     -                       -                       -
 Share options
 Keuntungan (kerugian) yang belum direalisasi atas efek-efek yang tersedia           39.460              (22.438)                 61.898                 (275,86%)
 untuk dijual - setelah pajak tangguhan
 Unrealized gain (loss) on securities available for sale – net of deferred tax
 Cadangan Kerugian Penurunan Nilai atas efek-efek yang diukur pada nilai                182                   249                    (67)                 (26,91%)
 wajar melalui penghasilan komprehensif lainnya-setelah pajak tangguhan

 Allowance for impairment losses on securities measured at fair value through
 other comprehensive income – net of deferred tax
 Pengukuran kembali program imbalan pasti setelah pajak tangguhan                     1.362                (3.010)                  4.372                (145,25%)
 Remeasurement of defined benefit plan – net of deferred tax
 Saldo laba                                                                      (3.223.244)           (2.724.631)              (498.613)                  18,30%
 Retained earnings
 Total Ekuitas                                                                    3.011.336             3.453.364               (442.028)                 (12,80%)
 Total equity




Laporan Laba Rugi dan Penghasilan Komprehensif Lain
Statement of Profit or Loss and Other Comprehensive Income

Efektivitas implementasi strategi eksplorasi yakni perluasan bisnis pada             The effectiveness of the implementation of the exploration strategy, such
pasar dan ekosistem baru serta optimalisasi produk dan ekosistem yang                as business expansion into new markets and ecosystems, as well as the
sudah ada dengan menawarkan berbagai produk perbankan digital dapat                  optimization of existing products and ecosystems through the offering of a
dilihat dari capaian kinerja produk digital yang lebih baik pada tahun 2025.         wide range of digital banking products, was reflected in the improvement
Bank Raya mampu membukukan pendapatan bunga mencapai Rp1.190,26                      in profitability performance in 2025. Bank Raya recorded interest income
miliar dengan pertumbuhan sebesar 13,87% yoy. Capaian ini berdampak                  of Rp1,190.26 billion, representing growth of 13.87% yoy. This achievement
positif terhadap pendapatan bunga-neto Bank Raya berhasil mencatatkan                had a positive impact on net interest income, with Bank Raya successfully
pertumbuhan sebesar 21,75% yoy.                                                      recording growth of 21.75% yoy

Meskipun demikian, Bank Raya meningkatkan pembentukan cadangan                       Despite this, Bank Raya increased its provision for impairment losses by
kerugian penurunan nilai sebesar Rp553.613 miliar tumbuh 34,94% yoy.                 Rp553.613 billion, a 34.94% year-on-year increase. This impacted its profit,
Hal ini berdampak kepada laba tahun berjalan yang mengalami penurunan.               which declined. Despite a slowdown in 2025 performance due to the
Meskipun terdapat perlambatan dalam kinerja tahun 2025 dikarenakan                   company's remedial measures for legacy debtors by establishing reserves,
perusahaan mengambil langkah perbaikan pada debitur legacy dengan                    Bank Raya continues to prudently
pembentukan cadangan, namun Bank Raya terus memperkuat pertumbuhan
bisnis digital secara prudent.

                                                                                                       (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                                                                                                                                             Perubahan
                                   Uraian                                                                                                     Change
                                                                                    2025                  2024
                                 Description
                                                                                                                               Nominal                      %

 Pendapatan bunga                                                                  1.190.262             1.045.261                145.001                   13,87%
 Interest income
 Beban bunga                                                                       (493.917)             (473.292)                (20.625)                   4,36%
 Interest expense
 Pendapatan bunga – neto                                                             696.345               571.969                124.376                   21,75%
 Net interest income
 Jumlah pendapatan operasional lainnya                                               167.231               529.961               (362.730)                 (68,44%)
 Total other operating income
 Penyisihan kerugian penurunan nilai                                               (553.613)             (410.261)               (143.352)                  34,94%
 Provision for impairment losses




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         Ikhtisar Kinerja                               Laporan Manajemen            Profil Perusahaan                    Tinjauan Pendukung Bisnis
         Performance Highlights                         Management Report            Company Profile                      Overview of Business Support Units




                                                                                                (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                                                                                                                                  Perubahan
                                     Uraian                                                                                        Change
                                                                            2025                  2024
                                   Description
                                                                                                                        Nominal                    %

 Beban operasional lainnya                                                  (638.802)             (639.294)                    492                 (0,08%)
 Other operating expenses
 (Rugi) Laba Operasional                                                    (328.839)                52.376              (381.215)              (727,84%)
 (Loss) operating income
 Pendapatan non operasional - neto                                             7.122                     2.966               4.156               140,12%
 Non-operating income – net
 (Rugi) Laba Sebelum Pajak                                                  (321.717)                55.342              (377.059)              (681,33%)
 (Loss) income before tax
 Beban pajak                                                                (176.896)                (4.450)             (172.446)              3875,19%
 Tax expense
 (Rugi) Laba Tahun Berjalan                                                 (498.613)                50.892              (549.505)             (1.079,75%)
 (Loss) lncome for the Year
 Penghasilan (rugi) komprehensif lain tahun berjalan setelah pajak            66.204               (11.807)                 78.011              (660,72%)
 Other comprehensive income (loss) for the year after tax
 Total (Rugi) Penghasilan komprehensif lain tahun berjalan setelah pajak    (432.409)                39.085              (471.494)            (1.206,33%)
 Total comprehensive income (loss) for the year

 (Rugi) Laba Tahun Berjalan Per saham Dasar (dalam Rupiah Penuh)              (20,20)                     2,06              (22,26)           (1.080,58%)
 (Loss) profit for the year per basic earnings per share (in full Rupiah)




Pendapatan Bunga                                                              Interest Income
Bank Raya mencatatkan pendapatan bunga senilai Rp1.190,26 miliar              Bank Raya recorded interest income of Rp1,190.26 billion in 2025. The
pada tahun 2025. Kenaikan sebesar 13,87% yoy dibandingkan tahun               increase of 13.87% yoy compared to the previous year of Rp1,045.26
sebelumnya sebesar Rp1.045,26 miliar terutama dipengaruhi oleh                billion was mainly influenced by an increase in interest income from loans,
peningkatan pendapatan bunga yang berasal dari kredit yang diberikan          which rose by 18.38% yoy to Rp845.30 billion supported by the diversification
sebesar 18,38% yoy menjadi Rp845,30 miliar didukung oleh diversifikasi        of digital lending products that enabled the Bank to serve all customer
produk pinjaman digital yang mampu menjangkau semua nasabah Bank.             segments. Interest income contributions from loans reached 71.02% in
Kontribusi pendapatan bunga yang berasal dari kredit yang diberikan           2025 and 68.32% in 2024. Furthermore, in line with the expansion of Bank
mencapai 71,02% pada tahun 2025 dan 68,32% pada tahun 2024. Selain            Raya’s securities portfolio, interest income from securities reached Rp318.91
itu, sejalan dengan kenaikan portofolio efek Bank Raya, pendapatan bunga      billion in 2025 with a growth of 7.04% yoy. The portion of interest income
dari efek-efek mencapai Rp318,91 miliar pada tahun 2025 dengan                from securities reached 26.79% in 2025 and 28.50% in 2024.
pertumbuhan sebesar 7,04% yoy. Porsi pendapatan bunga dari efek-efek
mencapai 26,79% pada tahun 2025 dan 28,50% pada tahun 2024.

                                                                                                (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                                                                                                                                  Perubahan
                                     Uraian                                                                                        Change
                                                                            2025                  2024
                                   Description
                                                                                                                        Nominal                    %

 Kredit yang diberikan                                                       845.301               714.074                 131.227                 18,38%
 Loans
 Efek-efek                                                                   318.912               297.941                  20.971                  7,04%
 Securities
 Efek-efek yang dibeli dengan janji dijual kembali                                 211                   4.318              (4.107)              (95,11%)
 Securities purchased under agreement to resell
 Penempatan pada Bank Indonesia dan bank lain                                 25.838                 28.928                 (3.090)              (10,68%)
 Placements with Bank Indonesia and other banks
 Pendapatan Bunga                                                           1.190.262             1.045.261                145.001                 13,87%
 Interest Income




216 PT Bank Raya Indonesia Tbk
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        Analisis dan Pembahasan Manajemen                                 Tata Kelola Perusahaan                                     Laporan Keberlanjutan                                 Laporan Keuangan Audit
        Management Discussion and Analysis                                Good Corporate Governance                                  Sustainability Report                                 Audited Financial Report




Komposisi Pendapatan Bunga
Composition of Interest Income



                                            2025                                                                                                                2024

                                  0,02%           2,17%                                                                                                0,41%            2,77%



                     26,79%                                                                                                         28,50%




                                                                          71,02%                                                                                                                68,32%




                              Kredit yang diberikan | Loans      Efek-efek | Securities    Efek-efek yang dibeli dengan janji dijual kembali | Securities purchased under agreement to resell
                                                              Penempatan pada Bank Indonesia dan Bank lain | Placements with Bank Indonesia and other banks




Beban Bunga                                                                                                  Interest Expense
Sejalan dengan ekspansi bisnis yang dilakukan selama tahun 2025, Bank                                        In line with the business expansion carried out in 2025, Bank Raya recorded
Raya mencatatkan kenaikan beban bunga sebesar 4,36% yoy menjadi                                              an increase in interest expense of 4.36% yoy to Rp493.92 billion. The increase
Rp493,92 miliar. Peningkatan beban bunga ini terutama dipengaruhi oleh                                       in interest expense was primarily influenced by time deposits as the main
deposito berjangka sebagai komponen utama DPK Bank sebesar 22,84%                                            component of the Bank’s third party funds, accounting for 22.84% in 2025.
pada tahun 2025. Bank Raya mencatatkan beban bunga dari deposito                                             Interest expense on time deposits increased by 1.70% yoy to Rp366.09
berjangka mengalami kenaikan 1,70% yoy menjadi Rp366,09 miliar dengan                                        billion, representing 74.12% of total interest expense.
porsi sebesar 74,12% terhadap total beban bunga.

Selanjutnya, beban bunga yang berasal dari tabungan mencapai Rp48,33                                         Furthermore, interest expense arising from savings deposits amounted to
miliar dengan kenaikan 22,84% yoy. Kenaikan beban bunga juga dibukukan                                       Rp48.33 billion with 22.84% yoy increase. Interest expense on Demand
oleh Giro yang naik 92,83% yoy menjadi Rp17,66 miliar. Penjelasan lebih                                      Deposit also increased by 92.83% yoy to Rp17.66 miliar billion. A more
rinci terkait beban bunga Bank Raya dijelaskan pada tabel berikut ini:                                       detailed explanation of Bank Raya’s interest expense is presented in the
                                                                                                             following table:


                                                                                                                                        (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                                                                                                                                                                                          Perubahan
                                      Uraian                                                                                                                                               Change
                                                                                                           2025                             2024
                                    Description
                                                                                                                                                                           Nominal                         %

 Deposito berjangka                                                                                        366.091                          359.965                              6.126                     1,70%
 Time deposits
 Tabungan                                                                                                    48.328                           39.341                             8.987                    22,84%
 Saving deposits
 Premi LPS                                                                                                   16.300                           15.085                             1.215                     8,05%
 Premium for Indonesia Deposit Insurance Corporation (LPS)
 Simpanan dari bank lain                                                                                     35.585                           31.248                             4.337                    13,88%
 Deposits from other banks
 Giro                                                                                                        17.663                             9.160                            8.503                    92,83%
 Demand deposits
 Efek-efek yang dibeli dengan janji dijual kembali                                                             7.046                          14.508                           (7.462)                   (51,43%)
 Securities sold under agreement to repurchase
 Liabilitas sewa                                                                                               2.320                            3.353                          (1.033)                   (30,81%)
 Lease liabilities
 Pinjaman yang diterima                                                                                          584                              631                              (47)                   (7,45%)
 Fund borrowings
 Beban Bunga                                                                                               493.917                          473.292                            20.625                      4,36%
 Interest expense




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         Ikhtisar Kinerja                            Laporan Manajemen                       Profil Perusahaan                    Tinjauan Pendukung Bisnis
         Performance Highlights                      Management Report                       Company Profile                      Overview of Business Support Units




Pendapatan Bunga - Neto                                                           Net Interest Income
Pertumbuhan pendapatan bunga yang lebih tinggi dibandingkan beban                 Higher growth in interest income compared to interest expense resulted in
bunga mampu menghasilkan pendapatan bunga – neto senilai Rp696,35                 net interest income of Rp696.35 billion. Compared to the previous year,
miliar. Dibandingkan tahun sebelumnya, Bank Raya mampu mencatatkan                Bank Raya was able to post a growth of 21.75% yoy.
pertumbuhan sebesar 21,75% yoy.


Jumlah Pendapatan Operasional Lainnya                                             Total Other Operating Income
Bank Raya melaporkan total pendapatan operasional lainnya sebesar                 Bank Raya reported total other operating income of Rp167.23 billion in
Rp167,23 miliar pada tahun 2025 atau berkurang 68,44% yoy dibandingkan            2025 or decreased by 68.44% yoy compared to the previous year. This
tahun sebelumnya. Penurunan ini terutama disebabkan oleh berkurangnya             decline was primarily due to a reduction in the recovery of financial assets
penerimaan kembali aset keuangan yang telah dihapusbukukan menurun                written off, which fell by 74.68% yoy to Rp125.07 billion in 2025.
sebesar 74,68% yoy menjadi Rp125,07 miliar pada tahun 2025.


                                                                                                        (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                                                                                                                                             Perubahan
                                    Uraian                                                                                                    Change
                                                                                 2025                     2024
                                  Description
                                                                                                                                Nominal                     %

 Provisi dan komisi lainnya                                                       10.843                    10.816                     27                   0,24%
 Other fees and commissions
 Keuntungan dari penjualan efek-efek - neto                                       29.299                    20.582                  8.717                  42,35%
 Gain on sale of securities – net
 Penerimaan kembali aset keuangan yang telah dihapusbukukan                      125.067                  494.008               (368.941)                 (74,68%)
 Recovery of financial assets written off
 Keuntungan yang belum direalisasi dari perubahan nilai wajar efek-efek - neto     1.135                     1.950                  (815)                 (41,79%)
 Unrealized gain on changes in fair value of securities – net
 Keuntungan transaksi mata uang asing - neto                                            72                       -                     72                 100,00%
 Gain on foreign currencies transactions - net
 Lain-lain                                                                          815                      2.605                 (1.790)                (68,71%)
 Others
 Pendapatan Operasional Lainnya                                                  167.231                  529.961               (362.730)                 (68,44%)
 Other Operating Income




Penyisihan Kerugian Penurunan Nilai                                               Provision for Impairment Losses
Bank Raya melaporkan bertambahnya cadangan kerugian penurunan                     Bank Raya reported an increase in the provision for impairment losses
nilai (CKPN) menjadi Rp553,61 miliar pada tahun 2025. Kenaikan sebesar            (CKPN) to Rp553.61 billion in 2025. This decline of 34.94% yoy compared
34,94% yoy dibandingkan tahun sebelumnya terutama dipengaruhi oleh                to the previous year was primarily affected by an increase significant in
kenaikan atas CKPN untuk kredit yang diberikan dari Rp413,07 miliar pada          the provision for impairment losses on loans, which increase from Rp413.07
tahun 2024 menjadi Rp553,47 miliar pada tahun berikutnya.                         billion in 2024 to Rp553.47 billion in the subsequent year.


Beban Operasional lainnya                                                         Other Operating Expenses
Bank Raya mampu melakukan efisiensi beban operasional lainnya yang                Bank Raya successfully improved efficiency in other operating expenses,
mengalami penurunan sebesar 0,08% yoy menjadi Rp638,80 miliar pada                which declined by 0.08% yoy to Rp638.80 billion in 2025. This reduction
tahun 2025. Berkurangnya beban operasional lainnya ini terutama                   was mainly driven by a decrease in salary and benefit expenses for
dipengaruhi oleh beban gaji dan tunjangan yang mengalami penurunan                employees, which declined by 10.16% yoy to Rp288.13 billion for the 2025
sebesar 10,16% yoy menjadi Rp288,13 miliar untuk tahun buku 2025.                 fiscal year.

                                                                                                        (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                                                                                                                                             Perubahan
                                    Uraian                                                                                                    Change
                                                                                 2025                     2024
                                  Description
                                                                                                                                Nominal                     %

 Beban gaji dan tunjangan                                                        288.127                  320.720                (32.593)                 (10,16%)
 Salary and allowances expense
 Beban umum dan administrasi                                                     347.519                  315.152                  32.367                  10,27%
 General and administrative expenses
 Kerugian transaksi mata uang asing - neto                                               -                       5                     (5)               (100,00%)
 Loss on foreign currency transactions – net
 Lain-lain                                                                         3.156                     3.417                  (261)                  (7,67%)
 Others
 Beban Operasional Lainnya                                                       638.802                  639.294                   (492)                  (0,08%)
 Other Operating Expenses




218 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen               Tata Kelola Perusahaan                Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis              Good Corporate Governance             Sustainability Report                 Audited Financial Report




(Rugi) Laba Operasional                                                      (Loss) Operating Income
Dengan memperhitungkan pendapatan bunga – neto, pendapatan                   After calculating the net interest income and other operating income, and
operasional lainnya yang selanjutnya dikurangi penyisihan kerugian           after deducting allowance for impairment losses and other operating
penurunan nilai dan beban operasional lainnya, Bank Raya mencatatkan         expenses, Bank Raya recorded operating lost of (Rp328.84) billion in 2025.
rugi operasional senilai (Rp328,84) miliar pada tahun 2025. Capaian ini      This achievement was higher compared with Rp52.38 billion recorded in
lebih rendah dibandingkan tahun sebelumnya yang mencatatkan laba             the previous year.
operasional senilai Rp52,38 miliar pada tahun sebelumnya.


Pendapatan Non Operasional - Neto dan                                        Non Operating Income - Net and (Loss)
(Rugi) Laba Sebelum Pajak                                                    Income Before Tax

Bank Raya membukukan pendapatan non operasional neto senilai Rp7,12          Bank Raya recorded net non-operating income of Rp 7.12 billion in 2025,
miliar pada tahun 2025, lebih tinggi dibandingkan sebesar Rp2,97 miliar      higher than Rp 2.97 billion in the previous year. This increase was mainly
pada tahun sebelumnya. Kenaikan ini terutama didorong oleh peningkatan       driven by a 140.12% year-on-year (yoy) rise in profit-sharing income, which
bagi hasil sebesar 140,12% yoy menjadi Rp7,12 miliar. Bank Raya              reached Rp7.12 billion. However, Bank Raya posted a loss before tax of
membukukan rugi sebelum pajak senilai (Rp321,72) miliar pada tahun           (Rp321.72) billion in 2025, compared with the previous year when the
2025 dibandingkan tahun sebelumnya yang membukukan laba sebelum              company recorded a profit before tax of Rp55.34 billion.
pajak senilai Rp55,34 miliar.


(Rugi) Laba Tahun Berjalan                                                   (Loss) Income for the Year
Dengan memperhitungkan beban pajak senilai Rp176,90 miliar, (Rugi)           Taking into account the tax burden of Rp 176.90 billion, Bank Raya's current
laba tahun berjalan Bank Raya mencapai (Rp498,61) miliar pada tahun          year profit (loss) reached (Rp498.61) billion in 2025. Compared to the
2025. Dibandingkan dengan tahun sebelumnya, capaian ini lebih rendah         previous year, this achievement was 1079.75% lower than the current year
1079,75% dibandingkan laba tahun berjalan tahun 2024 senilai Rp50,89         profit in 2024 of Rp 50.89 billion.
miliar.


Penghasilan (Rugi) Komprehensif Lain                                         Other Comprehensive Income (loss) For
Tahun Berjalan Setelah Pajak                                                 the Year After Tax

Bank Raya mencatatkan penghasilan komprehensif lain tahun berjalan           Bank Raya recorded other comprehensive income for the year after tax
setelah pajak senilai Rp66,20 miliar pada tahun 2025. Capaian ini lebih      amounting to Rp66.20 billion in 2025. This result was higher compared with
tinggi dibandingkan capaian tahun sebelumnya yang membukukan rugi            the previous year, which recorded other comprehensive loss for the year
komprehensif lain tahun berjalan (Rp11,81) miliar.                           of (Rp11,81) billion.


Total Penghasilan (Rugi) Komprehensif                                        Total Comprehensive Income (Loss)
Tahun Berjalan
Dengan memperhitungkan Laba (Rugi) tahun berjalan dan penghasilan            By calculating profit for the year and other comprehensive income for the
komprehensif lain tahun berjalan setelah pajak tersebut, total penghasilan   year after tax, total comprehensive income (loss) for the year recorded by
(rugi) komprehensif tahun berjalan yang dibukukan oleh Bank Raya             Bank Raya amounted to (Rp432.41)billion. This achievement was lower
mencapai (Rp432,41) miliar. Capaian ini lebih rendah dibandingkan tahun      compared to 2024, which amounted to Rp39.08 billion.
2024 senilai Rp39,08 miliar.


(Rugi) Laba Tahun Berjalan per Saham                                         (Loss) Earnings per Share
Capaian rugi tahun berjalan Bank Raya pada tahun 2025 tersebut               The income for the year achieved by Bank Raya in 2025 resulted in and
berpengaruh atas penurunan laba tahun berjalan per saham menjadi             decrease in earnings per share to Rp(20.20) in 2025, compared to Rp2.06
sebesar Rp(20,20) pada tahun 2025 dibandingkan sebesar Rp2,06 pada           in the previous year.
tahun sebelumnya.




Laporan Arus Kas
Statement of Cash Flows

Bank Raya mencatatkan kas dan setara kas akhir periode mencapai              Bank Raya recorded cash and cash equivalents at the end of the period,
Rp1.194,27 miliar pada tahun 2025. Capaian ini berkurang 29,17%              amounting to Rp1.194,27 billion in 2025. This balance declined by 29,17%
dibandingkan tahun sebelumnya senilai Rp1.686,16 miliar yang terutama        compared to the previous year at Rp1,686.16 billion, which was primarily
disebabkan oleh peningkatan kas neto yang digunakan untuk aktivitas          influenced by an increase in net cash used for investing activities, as further
investasi sebagaimana dijelaskan berikut ini.                                explained below.




                                                                                     Laporan Tahunan & Laporan Keberlanjutan
                                                                                                 Annual Report & Sustainability Report   2025 219
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        Ikhtisar Kinerja                               Laporan Manajemen                  Profil Perusahaan                     Tinjauan Pendukung Bisnis
        Performance Highlights                         Management Report                  Company Profile                       Overview of Business Support Units




                                                                                                      (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                                                                                                                                         Perubahan
                                      Uraian                                                                                              Change
                                                                                   2025                  2024
                                    Description
                                                                                                                              Nominal                    %

 Kas Neto Diperoleh dari (Digunakan untuk) Aktivitas Operasi                       391.046                497.247              (106.201)                (21,36%)
 Net cash provided by (used in) Operating Activities
 Kas Neto Diperoleh dari (Digunakan untuk) Aktivitas Investasi                    (559.722)             (179.580)              (380.142)                211,69%
 Net cash provided by (used in) Investing Activities
 Kas Neto Diperoleh dari (Digunakan untuk) Aktivitas Pendanaan                    (323.212)               245.303              (568.515)              (231,76%)
 Net cash provided by (used in) Financing Activities
 Kenaikan (Penurunan) Neto Kas dan Setara Kas                                     (491.888)               562.970             (1.054.858)             (187,37%)
 Net Increase (Decrease) in Cash and Cash Equivalents
 Kas dan Setara Kas Awal Periode                                                 1.686.157              1.123.188                562.969                   50,12%
 Cash and Cash Equivalents at Beginning of Period
 Kas dan Setara Kas Akhir Periode                                                1.194.269              1.686.157              (491.888)                (29,17%)
 Cash and Cash Equivalents at End of Period




Arus Kas dari Aktivitas Operasi                                                     Net Cash Provided by Operating Activity
Bank Raya mampu mencatatkan kas neto diperoleh dari aktivitas operasi               Bank Raya recorded net cash provided by operating activities amounting
senilai Rp391,05 miliar pada tahun 2025, lebih rendah dibandingkan tahun            to Rp391.05 billion in 2025, higher than Rp497.25 billion in the previous
sebelumnya sebesar Rp497,25 miliar. Capaian ini terutama didukung oleh              year. This achievement was primarily supported by an increase in receipts
penerimaan bunga, provisi, dan komisi yang tumbuh 11,19% yoy menjadi                from interest, fees, and commissions, which grew by 11.19% yoy to Rp1,157.13
Rp1.157,13 miliar. Selain itu, terkait dengan liabilitas operasi, Bank Raya         billion. Additionally, with respect to operating liabilities, Bank Raya recorded
berhasil membukukan kenaikan giro, tabungan, dan deposito berjangka                 increases in demand deposits, savings deposits, and time deposits of
masing-masing sebesar 196,86% yoy, 573,49% yoy, dan 931,37% yoy                     196.86% yoy, 573.49% yoy, and 931.37% yoy, respectively, reaching Rp122.30
menjadi Rp122,30 miliar, Rp850,06 miliar, dan Rp439,58 miliar.                      billion, Rp850.06 billion, and Rp439.58 billion.

                                                                                                      (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                                                                                                                                        Perubahan
                                 Uraian                                                                                                  Change
                                                                            2025                     2024
                               Description
                                                                                                                           Nominal                     %

 Penerimaan bunga, provisi dan komisi                                      1.157.132               1.040.874                116.258                    11,17%
 Interest, fees, and commissions received
 Pembayaran bunga, provisi dan komisi                                      (482.109)               (473.434)                 (8.675)                    1,83%
 Interest, fees, and commissions paid
 Penerimaan kembali aset keuangan yang telah dihapusbukukan                 125.067                  494.008              (368.941)                   (74,68%)
 Recoveries of financial assets written-off

 Pendapatan operasional lainnya                                               40.941                  33.976                  6.965                    20,50%
 Other operating income
 Beban operasional lainnya                                                 (511.706)               (466.418)               (45.288)                     9,71%
 Other operating expenses
 Pendapatan lain - neto                                                        6.471                   5.724                    747                    13,05%
 Other income - net
 Pembayaran pajak penghasilan badan                                           (4.139)                       -                (4.139)                  100,00%
 Corporate income tax payments
 Arus Kas Sebelum Perubahan pada Aset dan Liabilitas Operasi                331.657                  634.730              (303.073)                   (47,75%)
 Cash Flows Before Changes to Operating Assets and Liabilities
 Perubahan dalam aset dan liabilitas operasi:
 Changes in operating assets and liabilities:
      Kredit yang diberikan                                                (746.835)               (498.034)              (248.801)                    49,96%
      Loans
      Efek-efek yang diukur pada nilai wajar melalui laba rugi              (36.726)                  27.303               (64.029)                  (234,51%)
      Securities at fair value through profit or loss

      Efek-efek yang dibeli dengan janji dijual kembali                     198.006                   47.247                150.759                   319,09%
      Securities purchased under agreement to resell

      Aset lain-lain                                                          (9.623)               (16.791)                  7.168                   (42,69%)
      Other assets
 Kenaikan (penurunan) dalam liabilitas operasi:
 Increase (decrease) in operating liabilities:
      Liabilitas segera                                                       (1.871)                 (5.287)                 3.416                   (64,61%)
      Liabilities due immediately
      Giro                                                                  122.299                (126.265)                248.564                  (196,86%)
      Demand deposits
      Tabungan                                                              850.057                  126.217                723.840                   573,49%
      Savings deposits




220 PT Bank Raya Indonesia Tbk
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        Analisis dan Pembahasan Manajemen                        Tata Kelola Perusahaan                    Laporan Keberlanjutan                  Laporan Keuangan Audit
        Management Discussion and Analysis                       Good Corporate Governance                 Sustainability Report                  Audited Financial Report




                                                                                                             (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                                                                                                                                                Perubahan
                                  Uraian                                                                                                         Change
                                                                                  2025                      2024
                                Description
                                                                                                                                   Nominal                    %

      Deposito berjangka                                                         439.577                   (52.874)                 492.451                 (931,37%)
      Time deposits
      Simpanan dari bank lain                                                   (674.994)                  414.796               (1.089.790)                (262,73%)
      Deposits from other banks
      Liabilitas lain-lain                                                       (80.501)                  (53.795)               (134.296)                 (249,64%)
      Other liabilities
 Kas Neto (Digunakan untuk) Diperoleh dari Aktivitas Operasi                     391.046                   497.247                (106.201)                  (21,36%)
 Net Cash (Used in) Provided by Operating Activities




Arus Kas dari Aktivitas Investasi                                                          Cash Flows Provided by Investing Activities
Sejalan dengan ekspansi bisnis pada tahun 2025, Bank Raya membukukan                       In line with business expansion in 2025, Bank Raya recorded net cash used
kas neto digunakan untuk aktivitas investasi senilai (Rp559,72) miliar pada                in investing activities amounting to (Rp559.72) billion in 2025. This figure
tahun 2025. Pencapaian ini lebih tinggi dibandingkan tahun 2024 sebesar                    was higher compared with (Rp179.58) billion in the previous year. This
(Rp179,58) miliar. Kenaikan ini terutama dipengaruhi oleh kenaikan                         increase was primarily influenced by a significant increase in securities
signifikan atas efek-efek yang diukur pada nilai wajar melalui penghasilan                 measured at fair value through other comprehensive income and amortized
komprehensif lain dan biaya perolehan diamortisasi yang mencapai                           acquisition costs, which reached (Rp490.49) billion in 2025. Besides, the
(Rp490,49) miliar pada tahun 2025. Selain itu, Bank juga mencatatkan                       Bank also recorded an increase in the acquisition of intangible assets of
peningkatan perolehan aset tak berwujud sebesar 60,75% yoy menjadi                         60.75% yoy to (Rp46.81) billion.
(Rp46,81) miliar.

                                                                                                             (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                                                                                                                                                Perubahan
                                Uraian                                                                                                           Change
                                                                              2025                       2024
                              Description
                                                                                                                                  Nominal                     %

 Penurunan (kenaikan) efek-efek yang diukur pada nilai wajar melalui          (490.487)                  (125.558)                  (364.929)                 290,65%
 penghasilan komprehensif lain dan biaya perolehan diamortisasi

 Decrease (increase) in securities measured at fair value through
 other comprehensive income and securities measured at amortized
 cost
 Hasil penjualan aset tetap                                                          666                     1.345                      (679)                 (50,48%)
 Proceeds from the sale of fixed asset
 Perolehan aset tetap dan aset hak guna                                        (23.111)                   (26.275)                      3.164                 (12,04%)
 Acquisition of fixed asset and right of use assets
 Perolehan aset tak berwujud                                                   (46.806)                   (29.118)                   (17.688)                  60,75%
 Acquisition of intangible assets
 Penerimaan dividen                                                                  16                         26                       (10)                 (38,46%)
 Receipt of dividends
 Kas Neto (Digunakan untuk) Diperoleh dari Aktivitas Investasi                (559.722)                  (179.580)                  (380.142)                 211,68%
 Net Cash (Used in) Provided by Investing Activities




Arus Kas Dari Aktivitas Pendanaan                                                          Cash Flows Provided by Financing Activities
Bank Raya mencatatkan kas neto digunakan untuk aktivitas pendanaan                         Bank Raya recorded net cash used in financing activities amounting to
senilai (Rp323,21) miliar pada tahun 2025, berbeda dengan tahun sebelumnya                 (Rp323.21) billion in 2025, in contrast to the previous year, which recorded
yang membukukan kas neto yang diperoleh dari aktivitas pendanaan                           net cash provided by financing activities amounting to Rp245.30 billion.
yang mencapai Rp245,30 miliar. Kondisi ini terutama dipengaruhi oleh                       This condition was primarily attributable to a decline in securities sold under
penurunan efek-efek yang dijual dengan janji dibeli kembali senilai                        repurchase agreements amounting to (Rp297.73) billion, as well as the
(Rp297,73) miliar dan realisasi program pembelian kembali saham sebesar                    realization of the share buyback program amounting to (Rp9.62) billion in
(Rp9,62) miliar pada tahun 2025.                                                           2025.




                                                                                                   Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                Annual Report & Sustainability Report   2025 221
Page 222
           Ikhtisar Kinerja                           Laporan Manajemen                      Profil Perusahaan                    Tinjauan Pendukung Bisnis
           Performance Highlights                     Management Report                      Company Profile                      Overview of Business Support Units




                                                                                                        (Dinyatakan dalam jutaan Rupiah | Expressed in million Rupiah)

                                                                                                                                            Perubahan
                                  Uraian                                                                                                     Change
                                                                               2025                    2024
                                Description
                                                                                                                              Nominal                      %

 Penerimaan dari penerbitan saham                                                     -                       -                         -                         -
 Proceeds from issuance of shares
 Penambahan modal disetor                                                             -                       -                         -                         -
 Additional paid in capital
 Pembelian kembali saham treasuri                                               (9.619)                 (5.971)                 (3.648)                   61,10%
 Repurchase of treasury stock
 Pembayaran pokok liabilitas sewa                                             (14.799)                 (38.304)                 23.505                   (61,37%)
 Payment of lease liabilities principals
 Pembayaran pinjaman yang diterima                                              (1.065)                 (1.014)                      (51)                  5,03%
 Payment of fund borrowings
 (Penurunan)/kenaikan efek-efek yang dijual dengan janji dibeli kembali      (297.729)                 290.591                (588.320)                 (202,46%)
 Net(decrease)/increase in securities sold under agreement to repurchase
 Kas Neto (Digunakan untuk) Diperoleh dari Aktivitas Pendanaan               (323.212)                 245.302                (568.514)                 (231,76%)
 Net Cash (Used in) Provided by Financing Activities




Kas dan Setara Kas Akhir Periode                                                      Cash and Cash Equivalents at End of Period
Dengan memperhitungkan penurunan neto kas dan setara kas senilai                      After calculating the net decrease in cash and cash equivalents amounting
Rp491,89 miliar serta kas dan setara kas awal periode sebesar Rp1.686,16              to Rp491.89 billion and cash and cash equivalents at the beginning of the
miliar pada tahun 2025, Bank Raya mencatatkan kas dan setara kas akhir                period of Rp1,686.16 billion in 2025, Bank Raya recorded cash and cash
periode sebesar Rp1.194,27 miliar. Capaian ini lebih rendah 29,17%                    equivalents at the end of the period amounting to Rp1,194.27 billion. This
dibandingkan kas dan setara kas akhir periode untuk tahun 2024 senilai                balance was 29.17% lower compared with cash and cash equivalents at
Rp1.686,16 miliar.                                                                    the end of the period in 2024, amounting to Rp1,686.16 billion.




Rasio Keuangan
Financial Ratio

Pencapaian kinerja Bank Raya juga dapat dilihat dari beragam rasio                    Bank Raya’s performance achievements are also reflected in the various
keuangan yang disajikan di bawah ini untuk tahun buku 2025 dan 2024.                  financial ratios presented below for the 2025 and 2024 fiscal years.


                                                         Uraian
                                                                                                                              2025                       2024
                                                       Description

 Modal
 Capital
 Kewajiban Penyediaan Modal Minimum (KPMM)                                                                                    40,25%                     44,29%
 Capital Adequacy Ratio (CAR)
 KPMM Modal Inti                                                                                                              39,30%                     43,46%
 Core Capital CAR
 KPMM Modal Pelengkap                                                                                                          0,95%                      0,83%
 Supplementary Capital CAR
 Aset Produktif
 Earning Assets
 Aset Produktif Bermasalah dan Aset Non-Produktif Bermasalah terhadap Total Aset Produktif dan Aset Non-Produktif              8,11%                      1,94%
 Non-Performing Earning Assets and Non-Performing Non-Earning Assets to Total Earning Assets and Non-Earning Assets
 Aset Produktif Bermasalah terhadap Total Aktiva Produktif                                                                     8,14%                      1,91%
 Non-Performing Earning Assets to Total Earning Assets
 Cadangan Kerugian Penurunan Nilai Aset Keuangan Terhadap Aset Produktif                                                      10,85%                      8,71%
 Allowance for Impairment Losses on Financial Assets to Earning Assets
 Rasio Kredit Bermasalah (NPL) – Bruto                                                                                        14,02%                      3,22%
 Non-Performing Loan (NPL) – Gross
 Rasio Kredit Bermasalah (NPL) – Neto                                                                                          1,22%                      1,20%
 Non-Performing Loan (NPL) – Net




222 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen               Tata Kelola Perusahaan            Laporan Keberlanjutan                Laporan Keuangan Audit
       Management Discussion and Analysis              Good Corporate Governance         Sustainability Report                Audited Financial Report




                                                  Uraian
                                                                                                                 2025                    2024
                                                Description

Rentabilitas
Profitability
Imbal Hasil Aktiva (ROA) Sebelum Pajak                                                                           (2,42%)                  0,44%
Return on Assets (ROA) Before Tax
Imbal Hasil Aktiva (ROA) Setelah Pajak                                                                           (3,75%)                  0,40%
Return on Assets (ROA) After Tax
Imbal Hasil Ekuitas (ROE) Sebelum Pajak                                                                          (9.94%)                  1,73%
Return on Equity (ROE) Before Tax
Imbal Hasil Ekuitas (ROE) Setelah Pajak                                                                        (15,40%)                   1,59%
Return on Equity (ROE) After Tax
Marjin Bunga Bersih (NIM)                                                                                         5,08%                   4,44%
Net Interest Margin (NIM)
Beban Operasional terhadap Penghasilan Operasional (BOPO)                                                      124,22%                   96,68%
Operating Expenses to Operating Income (BOPO)
Cost to Income Ratio (CIR)                                                                                       73,97%                  58,02%
Likuiditas
Liquidity
Loan to Deposit Ratio (LDR)                                                                                      80,83%                  87,62%
Rasio Intermediary Makroprudential (RIM)                                                                         84,41%                  87,41%
Liquidity Coverage Ratio (LCR)                                                                                 479,93%                  398,23%
Net Stable Funding Ratio (NSFR)                                                                                171,98%                  160,27%
Komposisi Dana Murah                                                                                             33,62%                  27,50%
Low-cost Funds Composition
Kepatuhan
Compliance
a.   Presentase Pelanggaran BMPK
     Percentage of LLL Violations
     a.1. Pihak Terkait                                                                                           0,00%                   0,00%
          Related Party
     a.2. Pihak Tidak Terkait                                                                                     0,00%                   0,00%
          Non-Related Party
b.   Presentase Pelampauan BMPK
     Percentage of LLL Exceedance
     b.1. Pihak Terkait                                                                                           0,00%                   0,00%
          Related Party
     b.2. Pihak Tidak Terkait                                                                                     0,00%                   0,00%
          Non-Related Party
GWM Utama Rupiah                                                                                                  5,95%                   6,64%
Rupiah Main Reserve Requirement
     Harian                                                                                                       0,00%                   0,00%
     Daily
     Rata-Rata                                                                                                    5,95%                   6,64%
     Average
GWM Valuta Asing                                                                                                  2,00%                   2,00%
Foreign Currency Reserve Requirement
Posisi Devisa Neto (PDN) secara keseluruhan                                                                       0,03%                   0,02%
Overall Net Open Position (NOP)




                                                                                   Laporan Tahunan & Laporan Keberlanjutan
                                                                                            Annual Report & Sustainability Report   2025 223
Page 224
          Ikhtisar Kinerja                       Laporan Manajemen                           Profil Perusahaan                      Tinjauan Pendukung Bisnis
          Performance Highlights                 Management Report                           Company Profile                        Overview of Business Support Units




Suku Bunga Dasar Kredit
Prime Lending Rate

Bank Raya senantiasa melakukan publikasi Suku Bunga Dasar Kredit (SBDK)               Bank Raya consistently publishes its Prime Lending Rate (SBDK) in accordance
yang berpedoman pada POJK No.13 Tahun 2024 tentang Transparansi                       with POJK No. 13 of 2024 on Transparency and Publication of Lending
dan Publikasi Suku Bunga Kredit bagi Bank Umum Konvensional. SBDK                     Interest Rates for Conventional Commercial Banks. The SBDK is presented
tersebut disajikan sebagai indikasi suku bunga efektif terendah yang                  as an indication of the lowest effective lending rate, reflecting the Cost of
mencerminkan Harga Pokok Dana untuk Kredit (HPDK), overhead cost,                     Funds (HPDK), overhead costs, and margin, and serves as a reference in
dan margin, untuk selanjutnya digunakan sebagai acuan dalam penetapan                 determining lending interest rates. The following table presents Bank Raya’s
suku bunga kredit. Tabel berikut menjelaskan SBDK Bank Raya yang meliputi             SBDK, including both quantitative and qualitative disclosures.
pengungkapan kuantitatif dan kualitatif.


 Berlaku mulai 8 Desember 2025
 Effective from December 8, 2025

                                                                        Pengungkapan Kuantitatif
                                                                         Quantitative Disclosure

                                                Kredit Non UMKM                                    Kredit UMKM
                                                                                                                                          KPR              Non KPR
                                                Non-MSME Credit                                    MSME Credit
   Periode Data 30 November 2025                                                                                                         Home             Non-Home
   Data Period of November 30, 2025                                                                                                     Ownership         Ownership
                                          Korporasi            Ritel             Menengah             Kecil            Mikro
                                                                                                                                          Loan              Loan
                                          Corporate            Retail             Medium              Small            Micro

 Harga Pokok Dana untuk Kredit (HPDK)         5,77               N/A                5,77               5,77              5,77                5,77              5,77
 (%)
 Cost of Funds (HPDK) (%)
 Biaya Overhead (%)                           0,56               N/A                0,56               4,23              6,77                2,94              2,94
 Overhead Cost (%)
 Margin Keuntungan (%)                        2,67               N/A                2,67               0.50              1,46                4,04              5,29
 Profit Margin (%)
 Suku Bunga Dasar Kredit (SBDK) (%)           9,00               N/A                9,00              10,50             14,00               12,75             14,00
 (HPDK + Overhead + Margin)
 Prime Lending Rate (SBDK) (%)
 (HPDK + Overhead + Margin)

                                                                        Pengungkapan Kualitatif
                                                                         Qualitative Disclosure

                Kategori                                       Definisi Kategori Kredit                                   Indikato/Kriteria dari Kategori Kredit
                Category                                      Credit Category Definition                                  Indicators/Criteria of Credit Category

 Korporasi                              Kredit Modal Kerja dan Kredit Investasi non UMKM dan non Ritel            Total Plafond kredit > Rp 10 M
 Corporate                              Working Capital Loans and Investment Loans for non-MSMEs and Non-Retail   Total Credit Ceiling > Rp 10 Billion
 Ritel                                                                     N/A                                                              N/A
 Retail




 Berlaku mulai 8 September 2025
 Effective from September 8, 2025

                                                                        Pengungkapan Kuantitatif
                                                                         Quantitative Disclosure

                                                Kredit Non UMKM                                    Kredit UMKM
                                                                                                                                          KPR              Non KPR
                                                Non-MSME Credit                                    MSME Credit
     Periode Data 31 Agustus 2025                                                                                                        Home             Non-Home
     Data Period of August 31, 2025                                                                                                     Ownership         Ownership
                                          Korporasi            Ritel             Menengah             Kecil            Mikro
                                                                                                                                          Loan              Loan
                                          Corporate            Retail             Medium              Small            Micro

 Harga Pokok Dana untuk Kredit (HPDK)         5,92               N/A                5,92               5,92              5,92                5,92              5,92
 (%)
 Cost of Funds (HPDK) (%)
 Biaya Overhead (%)                           0,56               N/A                0,56               4,23              6,77                2,94              2,94
 Overhead Cost (%)
 Margin Keuntungan (%)                        2,52               N/A                2,52               0,35              1,31                3,89              5,14
 Profit Margin (%)
 Suku Bunga Dasar Kredit (SBDK) (%)           9,00               N/A                9,00              10,50             14,00               12,75             14,00
 (HPDK + Overhead + Margin)
 Prime Lending Rate (SBDK) (%)
 (HPDK + Overhead + Margin)

                                                                        Pengungkapan Kuantitatif
                                                                         Quantitative Disclosure

                Kategori                                       Definisi Kategori Kredit                                   Indikato/Kriteria dari Kategori Kredit
                Category                                      Credit Category Definition                                  Indicators/Criteria of Credit Category

 Korporasi                              Kredit Modal Kerja dan Kredit Investasi non UMKM dan non Ritel            Total Plafond kredit > Rp 10 M
 Corporate                              Working Capital Loans and Investment Loans for non-MSMEs and Non-Retail   Total Credit Ceiling > Rp 10 Billion
 Ritel                                                                     N/A                                                              N/A
 Retail




224 PT Bank Raya Indonesia Tbk
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         Analisis dan Pembahasan Manajemen               Tata Kelola Perusahaan                        Laporan Keberlanjutan                    Laporan Keuangan Audit
         Management Discussion and Analysis              Good Corporate Governance                     Sustainability Report                    Audited Financial Report




Berlaku mulai 6 Juni 2025
Effective from June 6, 2025

                                                                       Pengungkapan Kuantitatif
                                                                        Quantitative Disclosure

                                               Kredit Non UMKM                                    Kredit UMKM
                                                                                                                                             KPR              Non KPR
                                               Non-MSME Credit                                    MSME Credit
              Periode Data                                                                                                                  Home             Non-Home
               Data Period                                                                                                                 Ownership         Ownership
                                         Korporasi            Ritel             Menengah             Kecil               Mikro
                                                                                                                                             Loan              Loan
                                         Corporate            Retail             Medium              Small               Micro

Harga Pokok Dana untuk Kredit (HPDK)          5,93              N/A                5,93               5,93                 5,93                5,93               5,93
(%)
Cost of Funds (HPDK) (%)
Biaya Overhead (%)                            0,56              N/A                0,56               4,23                 6,77                2,94               2,94
Overhead Cost (%)
Margin Keuntungan (%)                         2,51              N/A                2,51               0,34                 1,30                3,88               5,13
Profit Margin (%)
Suku Bunga Dasar Kredit (SBDK) (%)            9,00              N/A                 9,00             10,50                14,00               12,75              14,00
(HPDK + Overhead + Margin)
Prime Lending Rate (SBDK) (%)
(HPDK + Overhead + Margin)

                                                                       Pengungkapan Kuantitatif
                                                                        Quantitative Disclosure

               Kategori                                       Definisi Kategori Kredit                                       Indikato/Kriteria dari Kategori Kredit
               Category                                      Credit Category Definition                                      Indicators/Criteria of Credit Category

Korporasi                              Kredit Modal Kerja dan Kredit Investasi non UMKM dan non Ritel               Total Plafond kredit > Rp. 10 M
Corporate                              Working Capital Loans and Investment Loans for non-MSMEs and Non-Retail      Total Credit Ceiling > Rp 10 Billion
Ritel                                                                     N/A                                                                 N/A
Retail



Berlaku mulai 7 Maret 2025
Effective from March 7, 2025

                                                                       Pengungkapan Kuantitatif
                                                                        Quantitative Disclosure

                                               Kredit Non UMKM                                    Kredit UMKM
                                                                                                                                            KPR               Non KPR
                                               Non-MSME Credit                                    MSME Credit
              Periode Data                                                                                                                 Home              Non-Home
               Data Period                                                                                                                Ownership          Ownership
                                         Korporasi            Ritel             Menengah             Kecil               Mikro
                                                                                                                                            Loan               Loan
                                         Corporate            Retail             Medium              Small               Micro

Harga Pokok Dana untuk Kredit (HPDK)          5,88              N/A                5,88               5,88                 5,88                5,88               5,88
(%)
Cost of Funds (HPDK) (%)
Biaya Overhead (%)                            0,56              N/A                0,56               4,23                 6,77                2,94               2,94
Overhead Cost (%)
Margin Keuntungan (%)                         2,56              N/A                2,56               0,39                 1,35                3,93               5,18
Profit Margin (%)
Suku Bunga Dasar Kredit (SBDK) (%)            9,00              N/A                9,00              10,50                14,00               12,75             14,00
(HPDK + Overhead + Margin)
Prime Lending Rate (SBDK) (%)
(HPDK + Overhead + Margin)

                                                                       Pengungkapan Kuantitatif
                                                                        Quantitative Disclosure

               Kategori                                       Definisi Kategori Kredit                                      Indikato/Kriteria dari Kategori Kredit
               Category                                      Credit Category Definition                                     Indicators/Criteria of Credit Category

Korporasi                              Kredit Modal Kerja dan Kredit Investasi non UMKM dan non Ritel               Total Plafond kredit > Rp. 10 M
Corporate                              Working Capital Loans and Investment Loans for non-MSMEs and Non-Retail      Total Credit Ceiling > Rp 10 Billion
Ritel                                                                     N/A                                                                 N/A
Retail




                                                                                             Laporan Tahunan & Laporan Keberlanjutan
                                                                                                             Annual Report & Sustainability Report     2025 225
Page 226
         Ikhtisar Kinerja                            Laporan Manajemen                            Profil Perusahaan                       Tinjauan Pendukung Bisnis
         Performance Highlights                      Management Report                            Company Profile                         Overview of Business Support Units




Berlaku mulai 9 Desember 2024
Effective from December 9, 2024

                                                                            Pengungkapan Kuantitatif
                                                                             Quantitative Disclosure

                                                    Kredit Non UMKM                                    Kredit UMKM
                                                                                                                                                KPR                Non KPR
                                                    Non-MSME Credit                                    MSME Credit
             Periode Data                                                                                                                      Home               Non-Home
              Data Period                                                                                                                     Ownership           Ownership
                                              Korporasi            Ritel             Menengah             Kecil               Mikro
                                                                                                                                                Loan                Loan
                                              Corporate            Retail             Medium              Small               Micro

Harga Pokok Dana untuk Kredit (HPDK)              5,94               N/A                 5,94               5,94               5,94                5,94               5,94
(%)
Cost of Funds (HPDK) (%)
Biaya Overhead (%)                                1,93               N/A                 1,93               3,57               5,69                6,28               3,28
Overhead Cost (%)
Margin Keuntungan (%)                             1,13               N/A                 1,13               0,99               2,37                0,53              14,00
Profit Margin (%)
Suku Bunga Dasar Kredit (SBDK) (%)                9,00               N/A                 9,00              10,50              14,00               12,75              14,00
(HPDK + Overhead + Margin)
Prime Lending Rate (SBDK) (%)
(HPDK + Overhead + Margin)

                                                                            Pengungkapan Kuantitatif
                                                                             Quantitative Disclosure

               Kategori                                             Definisi Kategori Kredit                                     Indikato/Kriteria dari Kategori Kredit
               Category                                            Credit Category Definition                                    Indicators/Criteria of Credit Category

Korporasi                                  Kredit Modal Kerja dan Kredit Investasi non UMKM dan non Ritel               Total Plafond kredit > Rp. 10 M
Corporate                                  Working Capital Loans and Investment Loans for non-MSMEs and Non-Retail      Total Credit Ceiling > Rp 10 Billion
Ritel                                                                          N/A                                                                N/A
Retail

Catatan:
•  SBDK mengacu pada Peraturan OJK No. 13 Tahun 2024 Tanggal 12 Agustus 2024 tentang Transparansi dan Publikasi Suku Bunga Dasar Kredit bagi Bank Umum Konvensional
•  SBDK ditentukan Bank berdasarkan berbagai faktor, diantaranya suku bunga acuan yang ditetapkan oleh otoritas yang berwenang, harga pokok dana untuk kredit (cost
   of fund), biaya overhead, margin keuntungan,dan perkembangan kondisi ekonomi
•  SBDK digunakan sebagai acuan dalam penetapan suku bunga kredit yang akan dikenakan kepada nasabah. SBDK belum memperhitungkan komponen estimasi premi
   risiko yang besarnya tergantung dari penilaian Bank terhadap risiko untuk masing-masing debitur atau kelompok debitur. Dengan demikian, besarnya Suku Bunga Kredit
   (SBK) yang dikenakan kepada nasabah dapat berbeda dari perhitungan SBDK.
•  SBDK mengecualikan penyaluran kredit dengan suku bunga spesial (special rate), suku bunga promo, fix rate dalam waktu tertentu, suku bunga untuk karyawan dalam
   rangka kesejahteraan dan yang serupa
•  Informasi SBDK yang berlaku, setiap saat dapat dilihat pada publikasi di website Bank dan/ atau setiap Kantor Bank

Notes:
•   SBDK refers to OJK Regulation No. 13 of 2024 dated August 12, 2024, on Transparency and Publication of Prime Lending Rate for Conventional Commercial Banks.
•   SBDK is determined by the Bank based on various factors, including the benchmark interest rate set by the competent authority, cost of funds, overhead costs, profit margin,
    and economic condition development.
•   SBDK is used as a reference in determining the credit interest rate that will be charged to customers. SBDK does not consider the estimated risk premium component, the
    amount of which depends on the Bank’s risk assessment for each debtor or group of debtors. Therefore, the Credit Interest Rate (SBK) charged to customers may differ from
    the SBDK calculation.
•   SBDK excludes lending with special rates, promotional rates, fixed rates for a certain period, interest rates for employees for welfare purposes, and similar rates.
•   Information on applicable SBDK can be viewed at any time in publications on the Bank’s website and/or at any Bank Office.




226 PT Bank Raya Indonesia Tbk
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          Analisis dan Pembahasan Manajemen                    Tata Kelola Perusahaan                      Laporan Keberlanjutan                 Laporan Keuangan Audit
          Management Discussion and Analysis                   Good Corporate Governance                   Sustainability Report                 Audited Financial Report




Komitmen dan Kontijensi
Commitments and Contingencies

Bank Raya melaporkan komitmen dan kontijensi sebagaimana yang                                 Bank Raya reported its commitments and contingencies as presented in
disajikan pada laporan keuangan publikasi auditan tahun 2025 sebagai                          the audited published financial statements for 2025 as follows:
berikut:

                                                                                                          (Dinyatakan dalam jutaan Rupiah | Expressed in millions of Rupiah)

                                                         Pos-Pos                                                          31 Des 2025                   31 Des 2024
     No
                                                          Items                                                           Dec 31, 2025                  Dec 31, 2024

 I        Tagihan Komitmen
          Commitment Receivables
          1.   Fasilitas pinjaman/pembiayaan yang belum ditarik                                                                     -                             -
               Unused loan/funding facility
          2.   Posisi valas yang akan diterima dari transaksi spot dan derivatif/forward                                            -                             -
               Forex positions to be received from spot and derivative/forward transactions
          3.   Lainnya                                                                                                              -                             -
               Others
 II       Kewajiban Komitmen
          Commitment Liabilities
          1.   Fasilitas pinjaman/pembiayaan yang belum ditarik
               Unused loan/funding facility
               a.   Committed                                                                                                115.673                       123.580
               b.   Uncommitted                                                                                                     -                             -
          2.   Irrevocable L/C yang masih berjalan                                                                                  -                             -
               Irrevocable L/C
          3.   Posisi valas yang akan diserahkan untuk transaksi spot dan derivatif/forward                                         -                             -
               Forex positions to be delivered for spot and derivative/forward transactions
          4.   Lainnya                                                                                                              -                             -
               Others
 III      Tagihan Kontinjensi
          Contingency Receivables
          1.   Garansi yang diterima                                                                                                -                             -
               Guarantees received
          2.   Lainnya                                                                                                              -                             -
               Others
 IV       Kewajiban Kontinjensi
          Contingency Liabilities
          1.   Garansi yang diberikan                                                                                               -                           49
               Guarantees provided
          2.   Lainnya                                                                                                              -                             -
               Others




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        Ikhtisar Kinerja                           Laporan Manajemen                     Profil Perusahaan                    Tinjauan Pendukung Bisnis
        Performance Highlights                     Management Report                     Company Profile                      Overview of Business Support Units




Transaksi Spot dan Derivatif
Spot and Derivative Transactions

Bank Raya tidak membukukan transaksi spot dan derivative baik yang                 Bank Raya did not record any spot and derivative transactions, either related
terkait dengan nilai tukar dan suku bunga untuk periode yang berakhir              to foreign exchange or interest rates, for the periods ended December 31,
pada 31 Desember 2025 dan 31 Desember 2024. Oleh karena itu, Bank                  2025, and December 31, 2024. Accordingly, Bank Raya did not present
Raya tidak menyajikan laporan transaksi spot dan derivative untuk periode          any spot and derivative transaction reports for the periods ending on those
yang berakhir pada tanggal tersebut.                                               dates.




Informasi Keuangan Material Lainnya
Other Material Financial Information


Kemampuan Membayar Utang
Debt Service Ability

Bank Raya mengukur kemampuan untuk memenuhi kewajiban dalam                        Bank Raya measures its ability to meet both current and non-current liabilities
jangka panjang dan jangka pendek melalui perhitungan beberapa rasio,               by calculating several ratios, including liquidity ratios, solvency ratios, and
antara lain rasio likuiditas, rasio solvabilitas, dan rasio rentabilitas. Selain   profitability ratios. In addition, the Bank’s debt service ability is further
itu, kemampuan membayar utang juga diperkuat dari keikutsertaan Bank               strengthened by its participation in the deposit insurance program administered
sebagai peserta program penjaminan pada Lembaga Penjaminan Simpanan                by the Indonesia Deposit Insurance Corporation (IDIC). Referring to the
(LPS). Mengacu kepada penyajian rasio keuangan Bank Raya, tingkat                  presentation of Bank Raya’s financial ratios, the Bank’s liquidity and solvency
likuiditas dan solvabilitas Bank Raya masih terjaga dengan baik. Hal ini           levels remain well maintained. This position is further evidenced by Bank
diperkuat dengan kemampuan Bank Raya dalam memenuhi seluruh                        Raya’s ability to meet all maturing liabilities in a timely manner, both in
kewajiban jatuh tempo secara tepat waktu, baik terhadap pembayaran                 terms of principal and interest payments.
pokok utang ataupun beban bunganya.


Kemampuan Membayar Utang Jangka                                                    Short-Term Debt Service Ability
Pendek

Bank Raya menggunakan parameter yang ditetapkan oleh OJK untuk                     Bank Raya applies parameters established by the OJK to measure liquidity
mengukur kemampuan likuiditas dengan menggunakan rasio Liquidity                   capacity through the Liquidity Coverage Ratio (LCR) and the Net Stable
Coverage Ratio (LCR) dan Net Stable Funding Ratio (NSFR) yang dimonitor            Funding Ratio (NSFR), which are monitored and reported to the management
dan dilaporkan kepada manajemen secara periodik. LCR, sebagaimana                  on a periodic basis. The LCR, as regulated under POJK No. 42/POJK.03/2015
diatur dalam POJK No. 42/POJK.03/2015 tentang kewajiban pemenuhan                  on the liquidity coverage ratio requirement for commercial banks, represents
rasio kecukupan likuiditas bagi bank umum, adalah perbandingan antara              the ratio between High Quality Liquid Assets (HQLA) and total net cash
High Quality Liquid Asset (HQLA) dengan total arus kas keluar bersih (net          outflows over the next 30 (thirty) days under a stress scenario. These ratios
cash outflow) selama 30 (tiga puluh) hari ke depan dalam skenario stres.           reflect the Bank’s adequacy in meeting cash outflows after calculating
Rasio ini menggambarkan kecukupan Bank dalam memenuhi arus keluar                  regulatory assumptions on outflow rates and deducting cash inflows with
setelah memperhitungkan suatu asumsi rasio keluar yang ditetapkan oleh             a certain discount within a 30-day period using managed Liquid Assets
regulator setelah dikurangi arus masuk dengan diskon tertentu dalam                (HQLA).
jangka waktu 30 hari dengan Alat Likuid (HQLA) yang dikelola.

Bank Raya mampu memenuhi ketentuan OJK yang mewajibkan perbankan                   Bank Raya has been able to comply with the OJK requirement for banks
untuk menjaga batasan minimal 100% untuk LCR ini yang artinya Alat                 to maintain a minimum LCR threshold of 100%, which indicates that its High
Likuid (HQLA) yang dimiliki dapat menutupi arus keluar bersih dalam kurun          Quality Liquid Assets (HQLA) are sufficient to cover net cash outflows over
waktu 30 hari ke depan. Rasio LCR Bank Raya masing-masing sebesar                  the next 30 days. Bank Raya recorded LCR ratios of 479,93% and 398.23%
479,93% dan 398,23% untuk tahun 2025 dan 2024.                                     for 2025 and 2024, respectively.

Sementara itu, sebagaimana diatur dalam POJK No. 50/POJK.03/2017                   Meanwhile, as regulated under POJK No. 50/POJK.03/2017 on Mandatory
tentang kewajiban pemenuhan rasio pendanaan stabil bersih bagi bank                Fulfilment of the Net Stable Funding Ratio for Commercial Banks, which
umum, mengukur keseimbangan antara Aktiva dan Pasiva (termasuk                     measures the balance between Assets and Liabilities (including Capital)
Modal) yang diukur dengan suatu rasio tertentu berdasarkan jangka waktu            by using a specific ratio based on the maturity or characteristics of each
ataupun karakteristik dari masing-masing komponen baik di Aktiva maupun            component, both in Assets and Liabilities. As with LCR, the minimum threshold
di Pasiva. Sebagaimana LCR, batasan minimal yang harus dipenuhi adalah             to be met is 100% or indicating alignment between the funding sources
100% atau terdapat kesesuaian antara sumber dana dengan penyaluran                 and fund utilization. Bank Raya reported an NSFR ratio of 171.98% for 2025
dana. Bank Raya melaporkan rasio NSFR sebesar 171,98% untuk tahun                  and 160.27% for 2023.
2025 dan 160,27% untuk tahun 2023.




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         Management Discussion and Analysis               Good Corporate Governance              Sustainability Report                 Audited Financial Report




Kemampuan Membayar Utang Jangka                                                  Long-Term Debt Service Ability
Panjang
Bank Raya memastikan bahwa permodalan yang dimiliki mampu memenuhi               Bank Raya ensures that its capital adequacy complies with the Capital
ketentuan Rasio Kecukupan Modal atau Capital Adequacy Ratio (CAR)                Adequacy Ratio (CAR) requirements, which encompass credit risk, market
yang meliputi risiko kredit, risiko pasar, dan risiko operasional. Berdasarkan   risk, and operational risk. Based on the previously presented financial ratio
data tabel rasio sebelumnya, Bank Raya mencatatkan rasio CAR sebesar             table, Bank Raya recorded CAR ratios of 40.25% and 44.29% for 2025 and
40,25% dan 44,29% untuk tahun 2025 dan 2024. Capaian ini jauh lebih              2024, respectively. These achievements are significantly higher than the
tinggi dibandingkan rasio CAR sesuai profil risiko yang disyaratkan oleh         CAR levels required by the regulator in accordance with the Bank’s risk
regulator sebesar 9,80% untuk tahun 2025 dan 9,90% untuk tahun 2024.             profile, amounting to 9.80% for 2025 and 9.90% for 2024.

Perhitungan rasio keuangan lainnya dapat dilihat pada tabel rasio keuangan       Other financial ratio calculations can be seen in the financial ratio table
yang telah disajikan sebelumnya.                                                 presented earlier.




Analisis Kualitas Aset Produktif
Analysis of Earning Asset Quality

Mengacu pada catatan laporan keuangan audit 2025 Bank Raya, tabel                Referring to the notes to Bank Raya’s audited financial statements, the
berikut ini menjelaskan kualitas aset produktif yang diberikan oleh Bank         following table details the quality of the Bank’s earning assets for the 2025
untuk buku 2025.                                                                 fiscal year.


                                                                                                (Dinyatakan dalam jutaan Rupiah | Expressed in millions of Rupiah)

                                                                                                                                 Perubahan
                        Uraian                                                                                                    Changes
                                                                 2025                    2024
                      Description
                                                                                                                    Nominal                         %

 Lancar                                                         6.134.204               5.582.481                     551.723                        9,88%
 Current
 Dalam perhatian khusus                                          499.787                1.313.767                    (813.980)                    (61,96%)
 Special mention
 Kurang lancar                                                   195.287                  20.132                      175.155                     870,03%
 Substandard
 Diragukan                                                       110.693                  30.926                       79.767                     257,93%
 Doubtful
 Macet                                                           775.352                 178.644                      596.708                     334,02%
 Loss
 Total Kredit yang Diberikan                                    7.715.323               7.125.951                     589.372                        8,27%
 Total Loans



Kebijakan Umum Perkreditan (KUP) memberikan pedoman lengkap                      The General Credit Policy (KUP) provides comprehensive guidelines covering
keseluruhan proses pemberian kredit dari proses awal pengajuan kredit,           the entire loan disbursement process, from the initial loan application,
proses analisis, persetujuan, pemantauan, dokumentasi, pengendalian,             analysis, approval, monitoring, documentation, control, recovery, or
penyelamatan atau restrukturisasi dan penyelesaian kredit, sehingga dapat        restructuring, to loan settlement, thereby maintaining asset quality and
menjaga kualitas dan target bisnis yang ditetapkan.                              achieving the Bank’s established business targets.

Dalam rangka mendukung proses pemberian kredit yang prudent, Bank                In order to support the implementation of prudent lending practices, Bank
Raya melakukan pengkajian dan penyempurnaan kebijakan perkreditan                Raya conducts regular reviews and enhancements of its credit policies as
maupun proses bisnis perkreditan secara berkala. Pengelolaan risiko kredit       well as pre-credit business processes. Credit risk management is measured
diukur dan diterapkan pada tingkat individu dan portofolio pada segmen           and applied at both the individual and portfolio levels across the Medium,
Menengah, Ritel dan Konsumer.                                                    Retail, and Consumer segments.

Bank Raya melaporkan bahwa total kredit bermasalah (NPL) pada tahun              Bank Raya reported that total non-performing loans (NPL) in 2025 amounted
2025 mencapai Rp1.081,33 miliar, dibandingkan tahun sebelumnya senilai           to Rp1,081.33 billion, compared to Rp229.70 billion in the previous year.
Rp229,70 miliar. Adapun rasio NPL gross dan NPL net untuk tahun 2025             The gross NPL and net NPL ratios for 2025 stood at 14.02% and 1.22%,
masing-masing sebesar 14,02% dan 1,22% dibandingkan tahun sebelumnya             respectively, compared to the previous year of 3.22% and 1.20%.
sebesar 3,22% dan 1,20%.




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         Performance Highlights                 Management Report                    Company Profile                       Overview of Business Support Units




Perjanjian Signifikan
Significant Agreements

Bank Raya melakukan kerja sama dengan pihak lain dalam menjalankan             Bank Raya cooperates with third parties in carrying out its business activities.
aktivitas usahanya. Perjanjian signifikan yang masih berlaku hingga 31         Significant agreements that remained effective as of December 31, 2025,
Desember 2025 adalah sebagai berikut:                                          are as follows:
•    Pada tanggal 19 Agustus 2025, Bank mengadakan addendum pertama            •    On August 19, 2025, the Bank entered into the first addendum to an
     perjanjian dengan PT Indocyber Teknologi sehubungan dengan                     agreement with PT Indocyber Teknologi in relation to the Procurement
     Pengadaan Development Fitur Aplikasi PT Bank Raya Indonesia                    of Application Feature Development for PT Bank Raya Indonesia for the
     Semester 1 2025 dengan nilai kontrak Rp2,87 miliar.                            First Semester of 2025, with a contract value of Rp2.87 billion.
•    Pada tanggal 1 Agustus 2025, Bank mengadakan perjanjian dengan            •    On August 1, 2025, the Bank entered into an agreement with
     PT Satkomindo Mediyasa sehubungan dengan Pengadaan Development                 PT Satkomindo Mediyasa in relation to the Procurement of Application
     Fitur Aplikasi PT Bank Raya Indonesia Semester 1 2025 dengan nilai             Feature Development for PT Bank Raya Indonesia for the First Semester
     kontrak sebesar Rp7,77 miliar.                                                 of 2025, with a contract value of Rp7.77 billion.
•    Pada tanggal 17 Juni 2025, Bank mengadakan perjanjian dengan              •    On June 17, 2025, the Bank entered into an agreement with PT Mitra
     PT Mitra Integrasi Informatika sehubungan dengan pengadaan Support             Integrasi Informatika regarding the procurement of Support Maintenance
     Maintenance Disaggregrated Hyperconverged Infrastructure (dHCI)                for Disaggregated Hyperconverged Infrastructure (dHCI) with a contract
     dengan nilai kontrak sebesar Rp4,20 miliar                                     value of Rp4.20 billion.
•    Pada tanggal 17 Maret 2025, Bank mengadakan addendum ke 3                 •    On March 17, 2025, the Bank entered into the third addendum to an
     perjanjian dengan PT ITSEC Asia sehubungan dengan Pengadaan                    agreement with PT ITSEC Asia in relation to the Procurement of Managed
     Jasa Managed Service Security Operation Center dengan nilai kontrak            Service Security Operation Center Services, with a contract value of
     sebesar Rp3,54 miliar.                                                         Rp3.54 billion.
•    Pada tanggal 18 Februari 2025, Bank mengadakan perjanjian dengan          •    On February 18, 2025, the Bank entered into an agreement with
     PT Metrodata Electronics sehubungan Perpanjangan License & Support             PT Metrodata Electronics regarding the Extension of Oracle BI-Fast
     Oracle BI-Fast dengan nilai kontrak sebesar Rp2,56 miliar.                     License & Support with a contract value of Rp2.56 billion.
•    Pada tanggal 28 November 2024, Bank mengadakan perjanjian dengan          •    On November 28, 2024, the Bank entered into an agreement with
     PT Data Sinergitama Jaya (Elitery) sehubungan Perpanjangan Renewal             PT Data Sinergitama Jaya (Elitery) regarding the Extension of the Managed
     Managed Service Security Operation Center pada Google Cloud dan                Service Security Operation Center Renewal on Google Cloud and the
     Renewal License Crowdstrike dengan nilai kontrak sebesar Rp1,89 miliar.        Crowdstrike Renewal License with a contract value of Rp1.89 billion.
•    Pada tanggal 31 Maret 2024, Bank mengadakan perjanjian dengan             •    On March 31, 2024, the Bank entered into an agreement with
     PT Euronet Technologies Indonesia sehubungan dengan Pengadaan                  PT Euronet Technologies Indonesia in relation to the Procurement of
     Card Management System dengan nilai kontrak sebesar Rp20,32 miliar.            a Card Management System, with a contract value of Rp20.32 billion.
•    Pada tanggal 11 Januari 2023, Bank mengadakan perjanjian dengan           •    On January 11, 2023, the Bank entered into an agreement with
     PT Bringin Karya Sejahtera dalam hal ini bertindak untuk dan atas              PT Bringin Karya Sejahtera, acting for and on behalf of PT Bank Rakyat
     nama PT Bank Rakyat Indonesia (Persero) Tbk. sehubungan dengan                 Indonesia (Persero) Tbk., in relation to the lease agreement of Menara
     perjanjian sewa gedung Menara BRILiaN:                                         BRILiaN building:
     a. 1 Juni 2022 untuk ruang Lantai 19 dan 20                                    a. June 1, 2022, for space on the 19th and 20th Floors
     b. 1 September 2022 untuk ruang Lantai 2 (KCU), 17 dan 18                      b. September 1, 2022, for space on the 2nd Floor (KCU), 17th and
                                                                                          18th Floors
    c.    1 November 2022 untuk ruang Lantai 12, 15, dan 16 dengan total            c. November 1, 2022, for space on the 12th, 15th, and 16th Floors
          nilai kontrak aset hak guna gedung sebesar Rp92,93 miliar.                      with a total contract value of right-of-use assets for the building
                                                                                          amounting to Rp92.93 billion.
•   Pada tanggal 17 Desember 2024, Bank mengadakan Addendum                    •    On December 17, 2024, the Bank entered into the Second Addendum
    Kedua Perjanjian dengan PT Bringin Karya Sejahtera dalam hal ini                to the Agreement with PT Bringin Karya Sejahtera, acting for and on
    bertindak untuk dan atas nama PT Bank Rakyat Indonesia (Persero)                behalf of PT Bank Rakyat Indonesia (Persero) Tbk., in relation to the
    Tbk, sehubungan dengan perjanjian sewa gedung Menara BRILiaN                    lease agreement of Menara BRILiaN building, with the termination of
    dengan penghentian sewa ruang Lantai 18 per tanggal 30 April 2024.              the lease of space on the 18th Floor effective April 30, 2024. This
    Perubahan tersebut mengubah total nilai kontrak aset hak guna                   amendment changed the total contract value of right-of-use assets
    gedung menjadi sebesar Rp60,24 miliar dan berlaku surut.                        to Rp60.24 billion and was applied retroactively.
•   Dalam menjalankan usahanya, Perusahaan mengadakan perjanjian               •    In conducting its business activities, the Company entered into an
    asuransi dengan PT Penjaminan Kredit Daerah Jakarta (JAMKRINDA)                 insurance agreement with PT Penjaminan Kredit Daerah Jakarta
    untuk menutup potensi kerugian dari risiko gagal bayar kredit oleh              (JAMKRINDA) to cover potential losses arising from the risk of consumer
    konsumen. Berdasarkan perjanjian, JAMKRINDA akan menanggung                     credit default. Under the agreement, JAMKRINDA will bear a maximum
    maksimal 75% dari jumlah pinjaman yang tidak tertagih ditambah                  of 75% of the uncollectible loan amount plus interest and penalties of
    bunga dan denda maksimal 4x angsuran. Perusahaan tidak dapat                    4x instalments. The Company is not entitled to submit a claim if the
    melakukan klaim apabila pengajuan dilakukan melebihi 15 hari.                   submission is made more than 15 days after the stipulated period.
•   Dalam menjalankan usahanya, Perusahaan mengadakan perjanjian               •    In conducting its business activities, the Company entered into an
    asuransi dengan PT Citra International Underwriters (CIU Insurance)             insurance agreement with PT Citra International Underwriters (CIU
    untuk menutup potensi kerugian dari risiko gagal bayar kredit oleh              Insurance) to cover potential losses arising from the risk of credit default
    konsumen. Berdasarkan perjanjian, CIU Insurance akan menanggung                 by customers. Under the agreement, CIU Insurance will bear 100% of
    100% dari jumlah pinjaman yang tidak tertagih. Maksimum rasio klaim             the outstanding loan amount that remains uncollected. The maximum
    adalah 90% dari premi yang telah dibayarkan. Apabila rasio klaim                claim ratio is 90% of the premiums paid. If the claim ratio reaches 90%,
    telah mencapai 90%, maka Perusahaan tidak dapat melakukan klaim.                the Company will no longer be able to make further claims.




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        Management Discussion and Analysis                 Good Corporate Governance               Sustainability Report                 Audited Financial Report




Struktur Permodalan dan Kebijakan Manajemen atas Struktur
Modal
Capital Structure and Management Policy on Capital Structure
Kebijakan Manajemen atas Struktur Modal
Management Policy on Capital Structure
Bank Raya melakukan pemenuhan modal sesuai dengan POJK No. 11/                     Bank Raya fulfils its capital requirements in line with POJK No. 11/
POJK.03/2016 tentang Kewajiban Penyediaan Modal Minimum Bank Umum                  POJK.03/2016 on the Minimum Capital Requirement for Commercial Banks
jo. POJK No. 34/POJK.03/2016 tentang Perubahan Atas POJK No.11/                    in conjunction with POJK No. 34/POJK.03/2016 on Amendments to POJK
POJK.03/2016 tentang Kewajiban Penyediaan Modal Minimum Bank Umum                  No. 11/POJK.03/2016 on the Minimum Capital Requirement for Commercial
jo. POJK No. 27 tahun 2022 tentang Perubahan Kedua Atas POJK Nomor 11/             Banks in conjunction with POJK No. 27 of 2022 on the Second Amendment
POJK.03/2016 tentang Kewajiban Penyediaan Modal mInimum Bank Umum                  to POJK No. 11/ POJK.03/2016 on the Minimum Capital Requirement for
dan POJK No. 12/POJK.03/2020 tentang Konsolidasi Bank Umum. Tujuan                 Commercial Banks and POJK No. 12/POJK.03/2020 on the Consolidation
utamanya adalah untuk memastikan bahwa setiap saat Bank Raya dapat                 of Commercial Banks. The main objective is to ensure that Bank Raya meets
memenuhi kecukupan modal sesuai dengan ketentuan regulator dan menjaga             the minimum capital adequacy in accordance with regulatory stipulations
kecukupan modalnya untuk menutup risiko bawaan (inherent risk) pada                and maintain its capital adequacy to cover the inherent risk in banking
kegiatan perbankan tanpa mengurangi optimalisasi nilai pemegang saham.             activities without reducing the optimization of shareholder value.




Dasar Penetapan Kebijakan Manajemen atas Struktur Modal
Basis for Defining Management Policy on Capital Structure

Tujuan manajemen permodalan Bank Raya adalah untuk mempertahankan                  Bank Raya's capital management goal is to maintain a strong capital
posisi modal yang kuat guna mendukung pertumbuhan bisnis dan                       position to support business growth while retaining investors, depositors,
mempertahankan investor, deposan, pelanggan dan kepercayaan pasar.                 customers, and market confidence. When managing capital, the Bank
Dalam pengelolaan permodalan, Bank mempertimbangkan faktor-faktor                  considers factors, such as: maximizing the return on capital to shareholders
seperti: pengembalian modal yang optimal pada pemegang saham dan                   and striking a balance between higher profits and the security provided
menjaga keseimbangan antara keuntungan yang lebih tinggi dan keamanan              by a sound capital position.
yang diberikan oleh posisi modal yang sehat.




Struktur Modal
Capital Structure

Peraturan Otoritas Jasa Keuangan No. 11/POJK.03/2016 tentang Kewajiban             The Financial Services Authority Regulation No. 11/POJK.03/2016 on the
Penyediaan Modal Minimum Bank Umum yang berlaku sejak 2 Februari 2016              Minimum Capital Adequacy of Commercial Banks, effective since February
dan sebagaimana telah diubah dengan POJK No. 34/ POJK.03/2016 menjelaskan          2, 2016, and as amended by OJK Regulation No. 34/POJK.03/2016 stipulates
bahwa modal bank terdiri dari modal inti (Tier 1) yang meliputi modal inti utama   that bank capital is made up of core capital (Tier 1), which includes main
dan modal inti tambahan dan modal pelengkap (Tier 2). Komponen modal               core capital, additional core capital, and supplementary capital (Tier 2).
Bank Raya masih didominasi oleh modal inti. Modal inti (Tier 1) berperan vital     Core capital (Tier 1) plays a vital role in the capital composition, contributing
terhadap komposisi permodalan dengan kontribusi mencapai 97,64% dari total         97.64% of total capital, with a Tier 1 Capital Adequacy Ratio of 39.30%.
modal dengan Rasio Kewajiban Penyediaan Modal Tier-1 sebesar 39,30%.               The presentation of the calculation of the Minimum Capital Adequacy
Penyajian laporan perhitungan Kewajiban Penyediaan Modal Minimum (KPMM)            Requirement (CAR) for the 2025 fiscal year is as follows:
untuk tahun buku 2025 adalah sebagai berikut:


                                                                                                  (Dinyatakan dalam jutaan Rupiah | Expressed in millions of Rupiah)

                                       Uraian
                                                                                                    2025                                       2024
                                     Description

 Modal Inti Utama                                                                                   2.918.683                                  3.212.876
 Tier 1 Capital Core Capital
 Modal Inti Tambahan                                                                                         -                                   61.154
 Additional Tier-1 Capital
 Modal Inti                                                                                         2.918.683                                  3.274.030
 Core Capital
 ATMR untuk risiko kredit                                                                           6.088.433                                  6.233.991
 RWA for Credit Risks
 ATMR untuk risiko pasar                                                                              103.970                                    82.371
 RWA for Market Risks
 ATMR untuk risiko operasional                                                                      1.234.858                                  1.076.528
 RWA for Operational Risks
 Total ATMR                                                                                         7.427.261                                  7.392.890
 Total RWA
 Rasio Tier 1                                                                                          39,30%                                    43,46%
 Tier 1 Ratio
 Rasio Tier 2                                                                                           0,95%                                     0,83%
 Tier 2 Ratio
 Rasio KPMM                                                                                            40,25%                                    44,29%
 CAR Ratio




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       Performance Highlights                              Management Report                   Company Profile                            Overview of Business Support Units




                                                                                                         (Dinyatakan dalam jutaan Rupiah | Expressed in millions of Rupiah)

                                                                            31-Des-25      31-Des-24
                                                                           Dec 31, 2025   Dec 31, 2024
                             Permodalan                                                                                                    Capital
                                                                              Bank           Bank

I.   Modal Inti (Tier 1)                                                     2.918.683      3.212.876       I. Core Capital (Tier 1)
1.   Modal Inti Utama CET 1                                                  2.918.683      3.212.876       1.   Common Equity Tier 1 (CET 1)

     1.1   Modal disetor (setelah dikurangi Treasury Stock)                  2.458.459      2.468.078            1.1   Paid-in capital (net of Treasury Stock)

     1.2   Cadangan Tambahan Modal                                             550.009        986.722            1.2   Disclosed Reserves

           1.2.1 Faktor Penambah                                             3.834.484      3.845.916                  1.2.1 Additional Factor
                   1.2.1.1 Pendapatan Komprehensif Lainnya                      39.460              -                          1.2.1.1    Other comprehensive income
                             1.2.1.1.1 Selisih lebih penjabaran                      -              -                                    1.2.1.1.1 Excess differences arising
                                       laporan keuangan                                                                                            from the translation of the
                                                                                                                                                   financial statement
                             1.2.1.1.2 Potensi Keuntungan dari                  39.460              -                                    1.2.1.1.2 Potential gain of the increase
                                        Peningkatan Nilai Wajar                                                                                    in the fair value of financial
                                        Keuangan dalam Kelompok                                                                                    assets available for sale
                                        Tersedia untuk dijual
                             1.2.1.1.3 Saldo Surplus Revaluasi Aset                  -              -                                    1.2.1.1.3 Surplus of fixed assets
                                        Tetap                                                                                                      revaluation
                   1.2.1.2    Cadangan Tambahan Modal Lainnya                3.795.024      3.845.916                          1.2.1.2    Other Disclosed Reserves
                             1.2.1.2.1 Agio                                  3.762.770      3.762.770                                    1.2.1.2.1 Agio
                             1.2.1.2.2 Cadangan Umum                            32.254         32.254                                    1.2.1.2.2 General reserves
                             1.2.1.2.3 Laba Tahun-Tahun Lalu                         -              -                                    1.2.1.2.3 Previous year profit
                             1.2.1.2.4 Laba Tahun Berjalan                           -         24.351                                    1.2.1.2.4 Current year profit
                             1.2.1.2.5 Dana Setoran Modal                            -              -                                    1.2.1.2.5    Funds for paid-in capital
                             1.2.1.2.6 Lainnya                                       -              -                                    1.2.1.2.6 Others
           1.2.2 Faktor Pengurang                                            3.284.475      2.859.194                  1.2.2 Deduction Factor
                   1.2.2.1    Pendapatan Komprehensif Lainnya                                  22.440                          1.2.2.1    Other comprehensive income
                             1.2.2.1.1   Selisih Kurang Penjabaran                   -              -                                    1.2.2.1.1   Negative differences arising
                                         Laporan Keuangan                                                                                            from the translation of the
                                                                                                                                                     financial statement
                             1.2.2.1.2   Potensi Kerugian dari                       -         22.440                                    1.2.2.1.2 Potential losses from the
                                         Penurunan Nilai Wajar Aset                                                                                decrease in the fair value of
                                         Keuangan dalam Kelompok                                                                                   financial assets available for
                                         Tersedia untuk Dijual                                                                                     sale
                   1.2.2.2    Cadangan Tambahan Modal Lainnya                3.284.475      2.836.754                          1.2.2.2    Other disclosed reserves
                             1.2.2.2.1 Disagio                                       -              -                                    1.2.2.2.1 Disagio
                             1.2.2.2.2 Rugi Tahun-Tahun Lalu                 2.757.002      2.807.894                                    1.2.2.2.2 Previous year loss
                             1.2.2.2.3 Rugi Tahun Berjalan                     498.613              -                                    1.2.2.2.3 Current year loss
                             1.2.2.2.4 Selisih Kurang antara Penyisihan                             -                                    1.2.2.2.4 Negative difference in
                                         Penghapusan Aset (PPA) dan                                                                               allowance for possible losses
                                         Cadangan Kerugian                                                                                        and allowance for impairment
                                         Penurunan Nilai (CKPN) atas                                                                              on earning assets
                                         Aset Produktif
                             1.2.2.2.5 Selisih Kurang Jumlah Penyesuaian             -              -                                    1.2.2.2.5 Negative difference in
                                          Nilai Wajar dari Instrumen                                                                              adjustment amounts from the
                                          Keuangan dalam Trading Book                                                                             fair value of financial assets
                                                                                                                                                  in the trading book
                             1.2.2.2.6 PPA Aset Non Produktif yang               1.207          1.207                                    1.2.2.2.6 Required allowance for non-
                                       Wajib dibentuk                                                                                               earning asset
                             1.2.2.2.7 Lainnya                                  27.653         27.653                                    1.2.2.2.7 Others
     1.3   Kepentingan Non Pengendali yang dapat diperhitungkan                      -              -            1.3   Non-controlling interest
     1.4   Faktor Pengurang Modal Inti Utama                                    89.785        241.924            1.4   Deduction Factor of CET 1
           1.4.1   Perhitungan Pajak Tangguhan                                       -        179.935                  1.4.1   Deferred tax calculation
           1.4.2   Goodwill                                                          -              -                  1.4.2   Goodwill
           1.4.3   Aset Tidak Berwujud Lainnya                                  89.785         61.989                  1.4.3   Other intangible assets
           1.4.4   Penyertaan yang Diperhitungkan sebagai Faktor                     -              -                  1.4.4   Investments in shares
                   Pengurang
           1.4.5   Kekurangan Modal pada Entitas Anak asuransi                       -              -                  1.4.5   Shortfall of capital on insurance subsidiaries

           1.4.6   Eksposur Sekuritisasi                                             -              -                  1.4.6   Securitisation exposure
           1.4.7   Faktor Pengurang Modal Inti Utama Lainnya                         -              -                  1.4.7   Other deduction of CET 1




232 PT Bank Raya Indonesia Tbk
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        Management Discussion and Analysis                          Good Corporate Governance                Sustainability Report                          Audited Financial Report




                                                                                                            (Dinyatakan dalam jutaan Rupiah | Expressed in millions of Rupiah)

                                                                           31-Des-25        31-Des-24
                                                                          Dec 31, 2025     Dec 31, 2024
                               Permodalan                                                                                                         Capital
                                                                             Bank               Bank

                     1.4.7.1    Penempatan Dana pada Instrumen                      -                   -                           1.4.7.1   Placement of funds in instruments AT
                                AT 1 dan/atau Tier 2 pada Bank Lain                                                                           1 and/or Tier 2 to other banks
                     1.4.7.2    Kepemilikan Silang pada Entitas Lain                -                   -                           1.4.7.2   Cross-ownership in another entity
                                yang diperoleh Berdasarkan Peralihan                                                                          acquired by the transition due to law.
                                karena Hukum. Hibah. atau Hibah Wasiat                                                                        grants, or grants will
                     1.4.7.3    Eksposur yang menimbulkan Risiko                    -                   -                           1.4.7.3   Exposures that give rise to credit risk
                                Kredit akibat Kegagalan Settlement                                                                            due to the settlement risk (settlement
                                (Settlement Risk) - Non Delivery Versus                                                                       risk) - Non-Delivery Versus Payment
                                Payment
                     1.4.7.4    Eksposur di Perusahaan Anak yang                    -                   -                           1.4.7.4   Exposures in Subsidiaries that engage
                                melakukan Kegiatan Usaha                                                                                      in business activity based on Sharia
                                berdasarkan Prinsip Syariah (Apabila                                                                          principles (if available)
                                ada)
2.     Modal Inti Tambahan                                                          -                   -      2.      Additional Tier 1 (AT 1)
       2.1   Instrumen yang Memenuhi Persyaratan AT 1                               -                   -              2.1 Instruments that comply with AT 1 requirements

       2.2   Agio/Disagio                                                           -                   -              2.2 Agio/Disagio
       2.3   Faktor Pengurang Modal Inti Tambahan                                   -                   -              2.3 Deduction factor of AT 1
             2.3.1   Penempatan Dana pada Instrumen AT 1 dan/                       -                   -                    2.3.1 Placement of funds in instrument AT 1 and/or Tier
                     atau Tier 2 pada Bank Lain                                                                                      2 to another bank
             2.3.2   Kepemilikan Silang pada Entitas Lain yang                      -                   -                    2.3.2 Cross-ownership in another entity acquired by the
                     Diperoleh berdasarkan Peralihan karena Hukum.                                                                   transition due to law. grants, or grants will
                     Hibah. atau Hibah Wasi
II.    Modal Pelengkap (Tier 2)                                                70.401             61.154       II.     Supplemental Capital (Tier 2)
1.     Instrumen Modal dalam bentuk Saham atau Lainnya yang                         -                   -      1.      Capital Instrument in the form of Stock or others that comply
       memenuhi Persyaratan Tier 2                                                                                     with Tier 2 Requirements

2.     Agio/Disagio                                                                 -                   -      2.      Agio/Disagio
3.     Cadangan Umum PPA atas Aset Produktif yang Wajib                        70.401             61.154       3.      General provision on earning assets (max. 1.25% credit risk
       dibentuk (Paling Tinggi 1.25% ATMR Risiko Kredit)                                                               – weighted assets)

4.     Faktor Pengurang Modal Pelengkap                                             -                   -      4.      Deduction of supplemental capital
       4.1   Sinking Fund                                                           -                   -              4.1   Sinking Fund
       4.2   Investasi pada Instrument Tier 2 pada Bank Lain                        -                   -              4.2   Placement of funds in instrument AT 1 and/or Tier 2 to
                                                                                                                             another bank
       4.3   Kepemilikan Silang pada Entitas Lain yang Diperoleh                    -                   -              4.3   Cross-ownership in another entity acquired by the
             berdasarkan Peralihan karena Hukum. Hibah. atau                                                                 transition due to the Law. Grants, or Grants Will
             Hibah Wasiat
III.   TOTAL MODAL (I+II)                                                   2.989.084           3.274.030      TOTAL CORE AND SUPPLEMENTAL CAPITAL




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                                                                                                                     Annual Report & Sustainability Report       2025 233
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         Ikhtisar Kinerja                     Laporan Manajemen                   Profil Perusahaan                    Tinjauan Pendukung Bisnis
         Performance Highlights               Management Report                   Company Profile                      Overview of Business Support Units




Ikatan Material untuk Investasi Barang Modal
Material Commitment for Capital Goods Investment

Bank Raya menyatakan bahwa tidak memiliki ikatan material untuk investasi   Bank Raya states that it had no material commitments for capital good
barang modal per 31 Desember 2025. Sehubungan dengan hal tersebut,          investment as of December 31, 2025. Accordingly, information relating to
informasi terkait dengan nama dari pihak yang melakukan ikatan; tujuan      the names of counterparties to such commitments; the purpose of the
dari perikatan; sumber dana yang disiapkan untuk memenuhi perikatan         commitments; the sources of funds prepared to fulfil commitments, the
tersebut; denominasi mata uang dalam ikatan tersebut; dan langkah-          currency denominations of the commitments; and the measures planned
langkah yang direncanakan Bank untuk melindungi risiko dari posisi mata     by the Bank to hedge foreign exchange risk exposures arising therefrom
uang asing yang terkait tidak disajikan dalam laporan ini.                  is not presented in this report.




Properti Investasi
Investment Property

Bank Raya tidak mempunyai properti investasi yang mampu menghasilkan        Bank Raya does not own any investment properties that can generate
pendapatan sewa sehingga informasi terkait hal tersebut tidak disajikan     lease income, thus, no information on such matter is presented in this annual
dalam laporan tahunan dan laporan berkelanjutan ini.                        report and sustainability report.




Investasi Barang Modal yang Direalisasikan Tahun Buku Terakhir
Capital Goods Investment Realized in The Last Fiscal Year

Jenis dan Nilai Investasi Barang Modal
Type and Value of Capital Investment

Bank Raya melakukan investasi barang modal berupa aset tetap dalam          Bank Raya made capital goods investment in the form of fixed assets,
bentuk tanah, bangunan, renovasi bangunan sewa, kendaraan, perlengkapan     including land, buildings, leasehold improvements, vehicles, office equipment,
kantor, dan aset dalam penyelesaian. Informasi mengenai nilai barang        and assets under construction. Information on the value of Bank Raya’s
modal Bank Raya per 31 Desember 2025 adalah sebagai berikut:                capital goods investment as of December 31, 2025, is as follows:


                                                                                          (Dinyatakan dalam jutaan Rupiah | Expressed in millions of Rupiah)

                                             Uraian
                                                                                                           2025                            2024
                                           Description

 Aset tetap
 Fixed assets
      Hak atas tanah                                                                                              -                               -
      Land rights
      Bangunan                                                                                                    -                         1.156
      Buildings
      Renovasi bangunan sewa                                                                                      -                         2.584
      Office leasehold improvements
      Kendaraan                                                                                              1.794                          1.761
      Vehicles
      Perlengkapan kantor                                                                                    5.513                         15.506
      Office equipment
      Aset dalam penyelesaian                                                                              12.405                           5.269
      Construction in progress
      Aset hak guna                                                                                          3.055                          9.068
      Right-of-use assets
 Subtotal - aset tetap                                                                                     22.767                          35.344
 Subtotal - fixed assets
 Aset tak berwujud
 Intangible assets
      Perangkat lunak                                                                                      46.806                          29.118
      Software
 Subtotal - aset tak berwujud                                                                              46.806                          29.118
 Subtotal - intangible assets
 TOTAL                                                                                                     69.573                          64.462




234 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen              Tata Kelola Perusahaan                Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis             Good Corporate Governance             Sustainability Report                 Audited Financial Report




Secara kumulatif, nilai investasi barang modal Bank Raya dilaporkan         On a cumulative basis, Bank Raya reported total capital goods investment
mencapai Rp69,57 miliar pada tahun 2025, lebih tinggi 7,93% dibandingkan    of Rp69.57 billion in 2025, representing an increase of 7.93% compared to
tahun sebelumnya senilai Rp64,46 miliar dalam rangka mendukung ekspansi     the previous year, which totalled Rp64.46 billion, in order to support Bank
bisnis Bank Raya selama tahun 2025.                                         Raya’s business expansion throughout 2025.




Tujuan Investasi Barang Modal
Purpose of Capital Goods Investment

Bank Raya melakukan investasi barang modal untuk membeli sejumlah aset      Bank Raya invests in capital goods to acquire fixed assets or to enhance
tetap atau menambah nilai aset tetap sehingga diharapkan mampu memberikan   the value of existing fixed assets, which are expected to generate future
nilai manfaat di masa depan, mendukung kegiatan operasional termasuk di     economic benefits and support operational activities, including improvements
dalamnya untuk peningkatan layanan perbankan digital dan ekspansi bisnis    in digital banking services and sustainable business expansion. Those
secara berkelanjutan. Investasi barang modal tersebut menggunakan dana      capital goods investments are funded using internal resources and prioritize
internal dan mengutamakan pengadaan dalam mata uang Rupiah sehingga         procurement denominated in Rupiah, thereby mitigating exposure to foreign
diharapkan tidak dipengaruhi oleh fluktuasi mata uang asing.                exchange fluctuations.




Kebijakan dan Pembagian Dividen
Dividend Policy and Distribution

Kebijakan Dividen
Dividend Policy

Pembagian dividen Bank Raya berpedoman pada Undang-Undang Nomor             Bank Raya’s dividend distribution policy is governed by Law No. 40 of 2007
40 Tahun 2007 tentang Perseroan Terbatas yang dilakukan berdasarkan         on Limited Liability Companies and is implemented based on resolutions
keputusan Rapat Umum Pemegang Saham (RUPS). Sesuai ketentuan yang           of the General Meeting of Shareholders (GMS). In accordance with prevailing
berlaku, seluruh laba bersih setelah dikurangi penyisihan untuk cadangan    regulations, all net profit after allocation to statutory reserves may be
dibagikan kepada Pemegang Saham sebagai dividen. Bank Raya dapat            distributed to Shareholders as dividends. Bank Raya may distribute dividends
membagikan dividen apabila mempunyai saldo laba yang positif. Pembagian     provided that it has a positive retained earnings balance. Any dividend
dividen wajib mendapatkan persetujuan Rapat Umum Pemegang Saham             distribution must obtain approval from the GMS and be paid in accordance
(RUPS) dan dibayarkan sesuai dengan kemampuan keuangan Bank Raya            with Bank Raya’s financial capacity, as stipulated in the Articles of Association
sebagaimana diatur dalam Anggaran Dasar Perseroan dan ketentuan             and other applicable regulations.
yang berlaku lainnya.

Sesuai dengan Surat Edaran Direksi No.B.33/DIR.01.03/PCP/CMG/06/2025        In accordance with the Board of Directors Circular Letter No.B.33/DIR.01.03/
tanggal 25 Juni 2025 tentang Ketentuan Corporate Action, Bank Raya dapat    PCP/CMG/06/2025 dated June 25, 2025 concerning Corporate Action
membagikan dividen interim sebelum tahun buku berakhir atas permintaan      Provisions, Bank Raya may distribute interim dividends before the end of
Pemegang Saham yang mewakili paling sedikit 1/10 dari saham yang telah      the financial year at the request of Shareholders representing at least 1/10
dikeluarkan, dengan mempertimbangkan proyeksi laba dan kemampuan            of the issued shares, taking into account the Bank's profit projections and
keuangan Bank. Pembagian dividen interim tidak diperkenankan melebihi       financial capabilities. The distribution of interim dividends may not exceed
laba bersih dalam laporan keuangan dan ditetapkan sesuai Anggaran Dasar     the net profit in the financial statements and is determined in accordance
berdasarkan keputusan Direksi dengan persetujuan Dewan Komisaris.           with the Articles of Association based on a decision of the Board of Directors
                                                                            with the approval of the Board of Commissioners

Kronologis Pembagian Dividen
Chronology of Dividend Distribution

Berdasarkan ringkasan risalah Rapat Umum Pemegang Saham Tahunan             Based on the summary of minutes of the Annual General Meeting of
(RUPST) tanggal 25 Juni 2025 terkait agenda penetapan penggunaan laba       Shareholders (AGMS) held on June 25, 2025, regarding the agenda for the
bersih Bank Raya tahun buku 2024, RUPST memutuskan untuk menyetujui         appropriation of Bank Raya’s net profit, the AGMS approved the utilization
penggunaan Laba Bersih Perseroan untuk Tahun Buku 2024 yaitu sebesar        of the Company’s Net Profit for the 2024 fiscal year, amounting to Rp50.89
Rp50,89 miliar dengan pembagian sebagai berikut:                            billion, with the following allocation:
•    Sebanyak 100% (seratus persen) atau sebesar Rp50,89 miliar digunakan   •     100% (one hundred percent), or Rp50.89 billion, was allocated as
     sebagai Saldo Laba yang Belum Ditentukan Penggunaannya (retained             Unappropriated Retained Earnings.
     earnings).
•    Tidak dilakukan pembagian Dividen atas Laba Bersih Setelah Pajak       •     No dividends were distributed from the net profit after tax recorded
     yang dibukukan Bank Raya Tahun Buku 2024.                                    by Bank Raya for the 2024 fiscal year.

Sehubungan dengan hal tersebut, Bank Raya tidak menyajikan informasi        Accordingly, Bank Raya does not present information relating to the chronology
terkait kronologis pembagian dividen seperti jumlah dividen, dividen per    of dividend distribution, including the amount of dividends, dividends per
saham, dividend payout ratio, dan tanggal pengumuman maupun                 share, dividend payout ratio, or the announcement and payment dates of
pembayaran dividen. Sebagai catatan, Bank Raya melakukan pembayaran         dividends. As a note, Bank Raya last distributed dividends based on the
dividen terakhir kali berdasarkan keputusan RUPST tanggal 28 Maret 2019     resolution of the AGMS dated March 28, 2019, which approved the distribution
yang menyetujui pembagian dividen dari laba bersih yang dibukukan           of dividends from net profit recorded for the 2018 fiscal year.
untuk tahun buku 2018.

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        Ikhtisar Kinerja                       Laporan Manajemen                    Profil Perusahaan                      Tinjauan Pendukung Bisnis
        Performance Highlights                 Management Report                    Company Profile                        Overview of Business Support Units




Realisasi Penggunaan Dana Hasil Penawaran Umum
Realization of The Use of Proceeds from Public Offering

Bank Raya tidak melakukan pelaporan atas realisasi dana hasil penawaran       Bank Raya did not report any realization of proceeds from public offerings,
umum baik saham maupun efek bersifat utang untuk tahun buku 2025.             either equity securities or debt instruments, for the 2025 fiscal year. Accordingly,
Sehubungan dengan hal tersebut tidakl terdapat informasi yang disajikan       no information is presented with respect to the Report on the Realization
terkait Laporan Realisasi Penggunaan Dana Hasil Penawaran Umum                of the Use of Proceeds from Public Offerings as stipulated under POJK No.
sebagaimana yang diatur dalam POJK No. 30/POJK.04/2015.                       30/POJK.04/2015.

Bank Raya terakhir menggunakan Dana Hasil Penawaran Umum Terbatas             Bank Raya last used the proceeds from the Limited Public Offering X in
X pada tahun 2024, dan telah dilaporkan kepada OJK melalui Surat              2024, and this was reported to the OJK through Letter No.B.300/DIR.01.03/
No.B.300/DIR.01.03/CSC/07/2024 tanggal 4 Juli 2024 serta telah dilaporkan     CSC/07/2024 dated July 4, 2024, as well as in the 2025 Annual General
dalam RUPST 2025 yang diselenggarakan pada tanggal 25 Juni 2025.              Meeting of Shareholders held on June 25, 2025.




Aspek Perpajakan
Tax Aspect


Kebijakan Bank Raya terkait governansi, pengelolaan, dan pengendalian aspek
perpajakan
Bank Raya’s Policy on Governance, Management, and Control of Tax Aspects
Bank Raya sebagai Bank yang telah Go Public berkomitmen untuk                 As a publicly listed bank, Bank Raya is committed to fulfilling its tax obligations
melaksanakan kewajiban di bidang perpajakan sesuai dengan ketentuan           in accordance with prevailing laws and regulations. On October 29, 2021,
yang berlaku. Pada tanggal 29 Oktober 2021, Presiden Republik Indonesia       the President of the Republic of Indonesia enacted Law No. 7 of 2021 on
menandatangi UU No 7 Tahun 2021 tentang “Harmonisasi Peraturan                the “Harmonization of Tax Regulations,” which, among other provisions,
Perpajakan” yang menerapkan antara lain, tarif pajak penghasilan badan        stipulates a corporate income tax rate of 22% effective from the 2022 tax
sebesar 22% yang mulai berlaku pada tahun pajak 2022.                         year.

Dalam pelaksanaan pengelolaan kewajiban perpajakan, monitoring, dan           In implementing tax obligation management, monitoring, and control, Bank
pengendalian perpajakan, Bank Raya telah menetapkan proses yang               Raya has established comprehensive and structured processes, including
komprehensif dan terstruktur seperti:                                         the following:
1. Pengelolaan pajak di Bank Raya dilaksanakan di bawah supervisi             1. Tax management at Bank Raya is carried out under the supervision
    Direktur Keuangan. Direktur keuangan secara berkala melakukan                  of the Director of Finance. The Director of Finance periodically reviews
    reviu atas strategi perpajakan.                                                the tax strategy.
2. Bank Raya telah memiliki pedoman perpajakan internal No SE: B.84/          2. Bank Raya has internal tax guidelines No SE: B.84/Dir.02.03/PCP/
    Dir.02.03/PCP/FAM/12/2025 Tanggal 29 Desember 2025 tentang                     FAM/12/2025 dated December 29, 2025 concerning Tax Implementation
    Pedoman Pelaksanaan Perpajakan dalam pemenuhan kewajiban                       Guidelines in fulfilling tax obligations which are used and become the
    perpajakan yang dipergunakan dan menjadi standar bagi seluruh                  standard for all Bank Raya work units.
    unit kerja Bank Raya.
3. Bank Raya mengidentifikasi, mengelola, dan memonitor risiko pajak          3.   Bank Raya identifies, manages, and monitors tax risks through monitoring
    melalui monitoring dan rekonsiliasi yang dilakukan secara                      and reconciliation, carried out continuously by the Finance & Asset
    berkesinambungan oleh Finance & Asset Management Division dan                  Management Division and related work units.
    unit kerja terkait.
4. Bank Raya mengelola hak dan kewajiban perpajakan secara transparan         4.   Bank Raya manages tax rights and obligations transparently and
    dan akuntabel sesuai peraturan yang berlaku.                                   accountably in accordance with applicable regulations.
5. Bank Raya senantiasa menaati peraturan perpajakan di Indonesia             5.   Bank Raya consistently complies with applicable tax regulations in
    yang berlaku agar tidak terkena sanksi administrasi, baik berupa sanksi        Indonesia to avoid administrative sanctions, either in the form of
    denda administrasi, sanksi bunga, sanksi kenaikan, serta sanksi pidana         administrative fines, interest sanctions, surcharge penalties, as well as
    atau kekurangan.                                                               criminal sanctions or underpayments.

Pemangku kepentingan yang terpenting dalam hal perpajakan adalah              The most important stakeholder in terms of taxation is the government,
pemerintah melalui kantor pajak. Untuk itu, Bank Raya senantiasa membina      represented by the tax authorities. Therefore, Bank Raya continuously
hubungan baik dengan otoritas perpajakan, namun tanpa terlibat dalam          maintains good relations with the tax authorities, without engaging in public
advokasi kebijakan publik terkait perpajakan, maupun upaya-upaya lain         policy advocacy related to taxation or other efforts to influence tax authorities.
untuk mempengaruhi otoritas perpajakan. Bank Raya hanya beroperasi            Bank Raya operates solely in Indonesia, thus, tax reports are only made for
di Indonesia, sehingga laporan perpajakan hanya dilakukan untuk Indonesia.    Indonesia.




236 PT Bank Raya Indonesia Tbk
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         Analisis dan Pembahasan Manajemen             Tata Kelola Perusahaan                Laporan Keberlanjutan                 Laporan Keuangan Audit
         Management Discussion and Analysis            Good Corporate Governance             Sustainability Report                 Audited Financial Report




Rekam Jejak Putusan Pengadilan Pajak
Track Record of Tax Court Decisions
Bank Raya tidak pernah memperoleh putusan bersalah apapun dari                Bank Raya has never received any guilty verdicts from the highest tax court
pengadilan pajak tertinggi selama tiga tahun terakhir. Adapun pembayaran      over the past three years. The taxes paid by Bank Raya for the 2025 fiscal
pajak yang dilakukan oleh Bank Raya untuk tahun buku 2025 adalah              year are as follows.
sebagai berikut.

                                                                                            (Dinyatakan dalam jutaan Rupiah | Expressed in millions of Rupiah)

                                                                                                                           Perubahan
                    Uraian                                                                                                  Changes
                                                        2025                       2024
                  Description
                                                                                                             Nominal                           %

 PPh Pasal 21                                           1.505                       629                         876                         139,27%
 Income Tax Article 21
 PPh Pasal 23                                            564                        459                         105                          22,88%
 Income Tax Article 23
 PPh Pasal 4 ayat 2                                     7.903                      8.686                       (783)                         (9,01%)
 Income Tax Article 4 paragraph 2
 PPh Badan                                               112                        143                         (31)                        (21,68%)
 Corporate Income Tax
 Total                                                 10.084                      9.917                        167                            1,68%




Informasi dan Fakta Material yang Terjadi Setelah Tanggal
Laporan Akuntan
Information and Material Facts that Occurred After the Date of the Accountant's
Report
Bank Raya melaporkan bahwa tidak terdapat peristiwa dan fakta material        Bank Raya reported that there were no material events or facts occurring
yang terjadi setelah tanggal 31 Desember 2025 hingga dipublikasikannya        subsequent to December 31, 2025, until the publication of Bank Raya’s
laporan keuangan audit Bank Raya untuk tahun buku 2025 yang diaudit           audited financial statements for the 2025 fiscal year, which were audited
oleh KAP Purwanto Susanti dan Surja.                                          by KAP Purwanto Susanti dan Surja.




Informasi Material Mengenai Investasi, Ekspansi, Divestasi,
Penggabungan/Peleburan Usaha, Akuisisi, Restrukturisasi
Utang/Modal
Material Information Regarding Investment, Expansion, Divestment, Business
Merger/Consolidation, Acquisition, Debt/Capital Restructuring

Bank Raya tidak melakukan kegiatan investasi, ekspansi, divestasi,            Bank Raya not conducting any investment, expansion, divestment, business
penggabungan/ peleburan usaha, akuisisi, restrukturisasi utang/modal          merger/ consolidation, acquisition, or debt/capital restructuring activities
untuk periode yang berakhir pada 31 Desember 2025. Sehingga Bank              for the period ending December 31, 2025. Futhermore, Bank Raya does
Raya tidak menyajikan informasi terkait tujuan, nilai transaksi, dan sumber   not disclose information regarding the objectives, transaction values, or
dana atas aktivitas investasi, ekspansi, divestasi, penggabungan/ peleburan   sources of funds related to investment, expansion, divestment, business
usaha, akuisisi, restrukturisasi utang/ modal untuk tahun buku 2025.          merger/ consolidation, acquisition, or debt/ capital restructuring activities
                                                                              for the 2025 fiscal year.




                                                                                       Laporan Tahunan & Laporan Keberlanjutan
                                                                                                 Annual Report & Sustainability Report   2025 237
Page 238
        Ikhtisar Kinerja                            Laporan Manajemen                            Profil Perusahaan                     Tinjauan Pendukung Bisnis
        Performance Highlights                      Management Report                            Company Profile                       Overview of Business Support Units




Informasi Keuangan yang Mengandung Kejadian Bersifat Luar
Biasa dan Jarang Terjadi
Financial Information Containing Extraordinary and Rare Events
Bank Raya melaporkan tidak terdapat informasi keuangan yang mengandung                     Bank Raya also reported that there was no financial information containing
kejadian bersifat luar biasa dan jarang terjadi mengacu kepada laporan                     extraordinary and infrequent events, as reflected in the audited financial
keuangan PT Bank Raya Indonesia Tbk untuk tahun 2025 yang telah diaudit                    statements of PT Bank Raya Indonesia Tbk for the 2025 fiscal year, which
oleh KAP Purwanto Susanti dan Surja.                                                       were audited by KAP Purwanto Susanti dan Surja.




Informasi Transaksi Material yang Mengandung Benturan
Kepentingan dan/atau Transaksi dengan Pihak Afiliasi
Information on Material Transactions That Contain Conflicts of Interest and/or
Transactions with Affiliated Parties


Transaksi Material yang Mengandung Benturan Kepentingan
Material Transactions Involving Conflicts of Interest [GRI 2-15]

Bank Raya tidak memiliki transaksi material yang mengandung benturan                       Bank Raya did not engage in any material transactions involving conflicts
kepentingan selama tahun 2025 sehingga tidak menyajikan informasi                          of interest in 2025, therefore, no information related to such transactions is
terkait hal tersebut di laporan tahunan dan laporan berkelanjutan ini.                     disclosed in this annual report and sustainability report.




Transaksi dengan Pihak Afiliasi
Transactions involving Affiliated Parties

Bank Raya melakukan transaksi dengan pihak berelasi sebagaimana yang                       Bank Raya conducted transactions with related parties in accordance with
diatur dalam PSAK 7 tentang pengungkapan pihak-pihak berelasi. Suatu                       PSAK 7 on related party disclosures. A party is considered a related party
pihak dianggap pihak berelasi dengan Bank Raya jika:                                       to Bank Raya if:
•    Langsung, atau tidak langsung yang melalui satu atau lebih perantara,                 •    Directly or indirectly, through one or more intermediaries, the party (i)
     suatu pihak (i) mengendalikan, atau dikendalikan oleh, atau berada                         controls, is controlled by, or is under common control with the Bank;
     di bawah pengendalian bersama, dengan Bank; (ii) memiliki kepentingan                      (ii) has an interest in the Bank that provides significant influence over
     dalam Bank yang memberikan pengaruh signifikan atas Bank; atau                             the Bank; or (iii) has common control over the Bank;
     (iii) memiliki pengendalian bersama atas Bank;
•    Suatu pihak yang berada dalam kelompok usaha yang sama dengan                         •   A party that is in the same group as the Bank;
     Bank;
•    Suatu pihak adalah ventura bersama di mana Bank sebagai venturer;                     •   A party that is a joint venture in which the Bank is a venturer;
•    Suatu pihak adalah anggota dari personil manajemen kunci Bank;                        •   A party that is a member of the Bank's key management personnel;
•    Suatu pihak adalah anggota keluarga dekat dari individu yang                          •   A party that is an immediate family member of an individual described
     diuraikan dalam butir (1) atau (4);                                                       in item (1) or (4);
•    Suatu pihak adalah entitas yang dikendalikan, dikendalikan bersama                    •   A party that is an entity controlled, jointly controlled, or significantly
     atau dipengaruhi signifikan oleh atau untuk pihak yang memiliki hak                       influenced by or for a party that has significant voting rights in some
     suara signifikan pada beberapa entitas, langsung maupun tidak                             entity, directly or indirectly, which is an individual described in items
     langsung, yaitu individu seperti diuraikan dalam butir (4) atau (5);                      (4) or (5);
•    Suatu pihak adalah suatu program imbalan pasca kerja untuk imbalan                    •   A party that is a post-employment benefit plan for employee benefits
     kerja dari Bank atau entitas yang terkait dengan Bank.                                    of the Bank or an entity related to the Bank.

Rincian, jenis hubungan dan unsur terkait transaksi pihak berelasi Bank                    Details of the nature of the relationships and the elements of transactions
Raya dijelaskan pada tabel berikut ini:                                                    with related parties of Bank Raya are presented in the following table.


       Pihak-pihak yang berelasi                                  Jenis Hubungan                                             Unsur transaksi pihak berelasi
            Related parties                                     Type of Relationship                                 Elements of Related Party Transactions (treasury)

 PT Bank Rakyat Indonesia (Persero) Tbk   Entitas Induk                                                       Giro pada bank lain, efek-efek, dan simpanan dari bank lain
                                          Parent Entity                                                       Current accounts with other banks, securities, and deposits from
                                                                                                              other banks
 PT BRI Asuransi Indonesia                Hubungan pengendalian melalui entitas induk                         Kas, aset tetap
                                          Controlling relationship through parent entity                      Cash, fixed assets
 PT BRI Multifinance Indonesia            Hubungan pengendalian melalui entitas induk                         Kredit yang diberikan
                                          Controlling relationship through parent entity                      Loans
 PT Pegadaian                             Hubungan pengendalian melalui entitas induk                         Efek-efek
                                          Controlling relationship through parent entity                      Securities
 Dana Pensiun Lembaga Keuangan BRI        Hubungan program imbalan pasca kerja                                Program pensiun iuran pasti
                                          Post-employment benefit plan                                        Defined employee benefit plan




238 PT Bank Raya Indonesia Tbk
Page 239
        Analisis dan Pembahasan Manajemen                       Tata Kelola Perusahaan                          Laporan Keberlanjutan                    Laporan Keuangan Audit
        Management Discussion and Analysis                      Good Corporate Governance                       Sustainability Report                    Audited Financial Report




       Pihak-pihak yang berelasi                                     Jenis Hubungan                                                Unsur transaksi pihak berelasi
            Related parties                                        Type of Relationship                                    Elements of Related Party Transactions (treasury)

 Pemerintah Republik Indonesia (RI)         Kepemilikan saham mayoritas melalui Kementerian Keuangan RI             Efek-efek
                                            Majority shareholding through the Ministry of Finance of the Republic   Securities
                                            of Indonesia
 PT Bank Mandiri (Persero) Tbk              Hubungan pengendalian bersama melalui Pemerintah Pusat RI               Giro pada bank lain, efek-efek
                                            Common control relationship through the Central Government of           Current accounts with other banks, securities
                                            the Republic of Indonesia
 PT Bank Negara Indonesia (Persero) Tbk     Hubungan pengendalian bersama melalui Pemerintah Pusat RI               Giro pada bank lain, efek-efek
                                            Common control relationship through the Central Government of           Current accounts with other banks, securities
                                            the Republic of Indonesia
 PT Sarana Multigriya Finansial (Persero)   Hubungan pengendalian bersama melalui Pemerintah Pusat RI               Efek-efek, pinjaman yang diterima
                                            Common control relationship through the Central Government of           Securities, fund borrowings
                                            the Republic of Indonesia
 PT Sarana Multi Infrastruktur (Persero)    Hubungan pengendalian bersama melalui Pemerintah Pusat RI               Efek-efek
                                            Common control relationship through the Central Government of           Securities
                                            the Republic of Indonesia
 PT Bank Mandiri Taspen                     Hubungan pengendalian bersama melalui Pemerintah Pusat RI               Efek-efek
                                            Common control relationship through the Central Government of           Securities
                                            the Republic of Indonesia
 PT Perkebunan Nusantara II                 Hubungan pengendalian bersama melalui Pemerintah Pusat RI               Efek-efek
                                            Common control relationship through the Central Government of           Securities
                                            the Republic of Indonesia
 PT Perkebunan Nusantara IV                 Hubungan pengendalian bersama melalui Pemerintah Pusat RI               Kredit yang diberikan
                                            Common control relationship through the Central Government of           Loans
                                            the Republic of Indonesia
 PT Kresna Kusuma Dyandra Marga             Hubungan pengendalian bersama melalui Pemerintah Pusat RI               Kredit yang diberikan
                                            Common control relationship through the Central Government of           Loans
                                            the Republic of Indonesia
 PT Hutama Karya (Persero)                  Hubungan pengendalian bersama melalui Pemerintah Pusat RI               Kredit yang diberikan
                                            Common control relationship through the Central Government of           Loans
                                            the Republic of Indonesia
 Perum Damri                                Hubungan pengendalian bersama melalui Pemerintah Pusat RI               Kredit yang diberikan
                                            Common control relationship through the Central Government of           Loans
                                            the Republic of Indonesia
 Perum Perhutani                            Hubungan pengendalian bersama melalui Pemerintah Pusat RI               Kredit yang diberikan
                                            Common control relationship through the Central Government of           Loans
                                            the Republic of Indonesia
 PT Laras Astra Kartika                     Hubungan pengendalian bersama melalui Pemerintah Pusat RI               Kredit yang diberikan
                                            Common control relationship through the Central Government of           Loans
                                            the Republic of Indonesia
 PT Bromo Steel Indonesia                   Hubungan pengendalian bersama melalui Pemerintah Pusat RI               Kredit yang diberikan
                                            Common control relationship through the Central Government of           Loans
                                            the Republic of Indonesia
 Manajemen Kunci                            Hubungan pengendalian Kegiatan Bank                                     Kredit yang diberikan, tabungan, deposito berjangka, imbalan kerja
                                            Control relationship of Bank activities                                 Loans, savings, time deposits, employee benefits
 Entitas dan Lembaga Pemerintah             Hubungan pengendalian bersama melalui Pemerintah Pusat RI               Giro, tabungan, deposito berjangka
 Government Entities and Institutions       Common control relationship through the Central Government of           Demand deposits, saving deposits
                                            the Republic of Indonesia
 Koperasi Karyawan Nusantara PTPN VI        Hubungan pengendalian bersama melalui Pemerintah Pusat RI               Kredit yang diberikan
                                            Common control relationship through the Central Government of           Loans
                                            the Republic of Indonesia
 PT Tracon Industri Solusindo               Hubungan pengendalian bersama melalui Pemerintah Pusat RI               Kredit yang diberikan
                                            Common control relationship through the Central Government of           Loans
                                            the Republic of Indonesia




Rincian Transaksi Pihak Berelasi
Details of Related-Party Transactions

Total aset dari pihak-pihak berelasi mencapai Rp6.040,19 miliar pada                         Total assets attributable to related parties reached Rp6,040.19 billion in
tahun 2025, tumbuh 38,33% yoy dari tahun sebelumnya sebesar Rp5.032,23                       2025, representing an increase of 38.33% yoy from Rp5,032.23 billion in
miliar. Sementara itu, total liabilitas kepada pihak-pihak berelasi adalah                   the previous year. Meanwhile, total liabilities to related parties amounted
sebesar Rp1.284,41 miliar dengan pertumbuhan sebesar 16,67% yoy.                             to Rp1,284.41 billion, recording growth of 16.67% yoy. In summary, the
Secara ringkas rincian transaksi pihak berelasi dijelaskan pada tabel berikut                details of related party transactions are presented in the following table:
ini:




                                                                                                       Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                    Annual Report & Sustainability Report      2025 239
Page 240
          Ikhtisar Kinerja                      Laporan Manajemen                          Profil Perusahaan                       Tinjauan Pendukung Bisnis
          Performance Highlights                Management Report                          Company Profile                         Overview of Business Support Units




                                                                                                      (Dinyatakan dalam jutaan Rupiah | Expressed in millions of Rupiah)

                                                                                       2025                                                  2024
                               Uraian
                             Description                       Nominal transaksi                % dari total aset        Nominal transaksi            % dari total aset
                                                              Transaction amount                % of total assets       Transaction amount            % of total assets

 Giro pada bank lain                                                  500.432                            3,82%                  223.117                        1,70%
 Current accounts with other banks
 Efek-efek                                                           4.420.167                         33,77%                 3.573.175                      27,22%
 Securities
 Kredit yang Diberikan                                               1.119.594                           8.56%                1.235.934                        9,41%
 Loans
 Total aset dari pihak-pihak berelasi                                6.040.193                         46,15%                 5.032.226                       38,33%
 Total assets of related parties
 Total aset                                                         13.087.108                        100,00%                13.128.920                     100,00%
 Total assets



                                                                                                      (Dinyatakan dalam jutaan Rupiah | Expressed in millions of Rupiah)

                                                                                       2025                                                  2024
                               Uraian
                             Description                       Nominal transaksi              % dari total liabilitas    Nominal transaksi          % dari total liabilitas
                                                              Transaction amount              % of total liabilities    Transaction amount          % of total liabilities

 Giro                                                                  248.588                            2,47%                  485.846                        5,02%
 Demand deposits
 Tabungan                                                               34.072                            0,34%                   49.957                        0,52%
 Saving deposits
 Deposito berjangka                                                    972.553                            9,65%                  648.814                        6,71%
 Time deposits
 Simpanan dari bank lain                                                         -                        0,00%                  400.000                        4,13%
 Deposits from other banks
 Pinjaman yang diterima                                                 12.556                            0,12%                   13.622                        0,14%
 Fund borrowings
 Kompensasi kepada karyawan kunci                                       16.641                            0,17%                   15.004                        0,16%
 Compensation to key employees
 Total liabilitas kepada pihak-pihak berelasi                         1.284.410                          12,75%                1.613.243                       16,67%
 Total liabilities to related parties
 Total liabilitas                                                    10.072.772                        100,00%                 9.675.556                     100,00%
 Total liabilities


Penjelasan lebih lengkap terkait dengan transaksi pihak-pihak berelasi               More detailed information regarding related party transactions is presented
dapat dilihat di catatan no. 33 dari laporan keuangan audit Bank Raya                in note no. 33 to the audited financial statements of Bank Raya for the 2025
tahun 2025 sebagai bagian yang tidak terpisahkan dari laporan tahunan                fiscal year as an integral part of this annual and sustainability report.
dan keberlanjutan ini.




Penjelasan Mengenai Kewajaran Transaksi
Explaining the Fairness of Transactions

Dalam kegiatan normal usaha, Bank Raya melakukan transaksi dengan                    In the normal course of business, Bank Raya conducts transactions with
pihak berelasi karena hubungan kepemilikan dan/atau kepengurusan.                    related parties due to ownership and/or management relationships.
Transaksi dengan pihak berelasi dilakukan berdasarkan persyaratan yang               Transactions with related parties are carried out based on terms and
disetujui oleh kedua belah pihak, dimana persyaratan tersebut mungkin                conditions agreed by both parties, which may not necessarily be the same
tidak sama dengan transaksi yang dilakukan dengan pihak ketiga. Seluruh              as those applied to transactions with third parties. All material transactions
transaksi dan saldo yang material dengan pihak-pihak berelasi diungkapkan            and balances with related parties have been disclosed in the relevant
dalam catatan atas laporan keuangan yang relevan dan rinciannya telah                notes to the financial statements, with detailed information presented in
disajikan dalam catatan laporan keuangan audit tahun 2025.                           the notes to the audited 2025 financial statements.




Pemenuhan Peraturan dan Ketentuan
Compliance with Rules and Regulations

Bank Raya telah menjalankan pelaporan transaksi dengan pihak berelasi                Bank Raya has complied with the reporting requirements for transactions
yang memenuhi kategori transaksi afiliasi sebagaimana yang diatur dalam              with related parties that fall under the category of affiliated transactions
POJK N0. 42/POJK.04/2020 tanggal 1 Juli 2020 tentang Transaksi Afiliasi              as stipulated in POJK No. 42/POJK.04/2020 dated July 1, 2020, on Affiliated
dan Benturan Kepentingan. Pelaporan transaksi terkait dengan pihak                   Transactions and Conflicts of Interest. The reporting of transactions with




240 PT Bank Raya Indonesia Tbk
Page 241
        Analisis dan Pembahasan Manajemen                         Tata Kelola Perusahaan                           Laporan Keberlanjutan                   Laporan Keuangan Audit
        Management Discussion and Analysis                        Good Corporate Governance                        Sustainability Report                   Audited Financial Report




afiliasi yang telah dilakukan oleh Bank Raya selama tahun 2025 adalah                           affiliated parties carried out by Bank Raya in 2025 is as follows:
sebagai berikut:


                                                                                                                 Sifat Hubungan           Nomor
         Tanggal Transaksi                        Jenis Transaksi                          Pihak Afiliasi             Afiliasi           Pelaporan                Keterangan
 No
          Transaction Date                      Type of Transaction                       Affiliated Party      Nature of Affiliated     Reporting                 Remarks
                                                                                                                   Relationship           Number

 1     8 Januari 2025           Laporan Transaksi Afiliasi Transaksi Setor Tunai Tanpa   Bank Raya dan          Induk dan              B.4/DIR.04/        B.4/DIR.04/CSC/01/2025
                                Kartu Nasabah Bank Raya di ATM Setor Tarik BRI           BRI                    Perusahaan Anak        CSC/01/2025
       January 8, 2025          Affiliate Transaction Report: Cardless Cash Deposit      Bank Raya and          Parent and
                                Transactions for Bank Raya Customers at ATM BRI          BRI                    Subsidiary
 2     4 Maret 2025             Laporan Transaksi Afiliasi Pengembangan Fitur Produk     Bank Raya dan          Anak Perusahaan        B.101/DIR.04/      B.101/DIR.04/CSC/03/2025
                                BRIFINE pada Aplikasi Raya                               DPLK BRI                                      CSC/03/2025
       March 4, 2025            Affiliate Transaction Report: BRIFINE Product Feature    Bank Raya and          Subsidiary
                                Development on Aplikasi Raya                             DPLK BRI
 3     22 Desember 2025         Laporan Transaksi Afiliasi Sinergi Co-Location Pekerja   Bank Raya dan          Induk dan anak         B.517/DIR.03/      B.517/DIR.03/CSC/12/2025
                                Antara Bank Raya dengan BRI                              BRI                    perusahaan             CSC/12/2025
       December 22, 2025        Affiliate Transaction Report: Worker Co-Location         Bank Raya and          Parent and
                                Synergy Between Bank Raya and BRI                        BRI                    Subsidiary
 4     23 Desember 2025         Laporan Transaksi Afiliasi Addendum PKS Penutupan        Bank Raya dan          Anak Perusahaan        B.525/DIR.03/      B.525/DIR.03/CSC/12/2025
                                Asuransi Uang Online antara PT Bank Raya Indonesia       BRINS                                         CSC/12/2025
                                Tbk dengan PT BRI Asuransi Indonesia
       December 23, 2025        Affiliate Transaction Report: Addendum to the            Bank Raya and          Subsidiary
                                Cooperation Agreement on Closing Online Money            BRINS
                                Insurance between PT Bank Raya Indonesia Tbk and
                                PT BRI Asuransi Indonesia




Peran Dewan Komisaris dan Komite Audit dalam Memastikan Kewajaran Transaksi
The Role of the Board of Commissioners and Audit Committee in Ensuring Transaction Fairness

Bank Raya mengatur pemberian kredit melalui persetujuan Dewan Komisaris,                        Bank Raya regulates the loan disbursement through approval by the Board
melalui rekomendasi Komite Audit berpedoman pada Surat Edaran (SE)                              of Commissioners, based on recommendations from the Audit Committee,
Direksi Nomor SE: B37/Dir.01.03/ADK/06/2020 tanggal 12 Juni 2020                                in accordance with the Board of Directors’ Circular Letter (SE) No. SE: B37/
tentang Batas Maksimum Pemberian Kredit dan Penyediaan Dana Besar.                              Dir.01.03/ADK/06/2020 dated June 12, 2020, on Legal Lending Limit and
Berdasarkan ketentuan tersebut, Bank Raya menerapkan prosedur persetujuan                       Provision of Large Exposure. Pursuant to these provisions, Bank Raya applies
penyediaan dana kepada pihak terkait sebagai berikut:                                           the following approval procedures for the provision of funds to related
                                                                                                parties:
1.    Persetujuan Dewan Komisaris untuk penyediaan dana kepada pihak                            1. The Board of Commissioners' approval for the provision of funds to
      terkait Bank diajukan secara mandiri atau kolektif melalui Divisi Credit                       related parties of the Bank is submitted independently or collectively
      Operations.                                                                                    through the Credit Operations Division.
2.    Pemberian penyediaan dana kepada pihak terkait wajib di-review                            2. Provision of funds to related parties must be reviewed prior to being
      terlebih dahulu sebelum dimintakan persetujuan kepada Dewan                                    submitted for approval by the Board of Commissioners.
      Komisaris.




Perubahan Peraturan Perundang-Undangan yang Berpengaruh
Signifikan Terhadap Perusahaan
Amendments to Laws and Regulations that Significantly Affect The Company

Bank Raya telah melakukan identifikasi terhadap sejumlah peraturan baru                         Bank Raya identified a number of newly issued regulations or amendments
atau perubahan peraturan perundang-undangan yang diterbitkan selama                             to applicable laws and regulations in 2025 that have an impact on the
tahun 2025 yang berpengaruh terhadap industri perbankan umumnya                                 banking industry in general and on Bank Raya’s business activities in
dan kegiatan usaha Bank Raya khususnya sebagai berikut:                                         particular, as follows:


                                                                                                                                                                   Dampak Terhadap
                  No Peraturan & Perihal                    Mulai Berlaku                                    Dampak Terhadap Bank                                 Laporan Keuangan
 No
                Regulation Number & Subject                 Effective Date                                     Impact on the Bank                                 Impact on Financial
                                                                                                                                                                      Statements

 1      Peraturan Anggota Dewan Gubernur Nomor 21          1 Januari 2025       Bank Raya akan melakukan penyesuaian terhadap kebijakan/prosedur,                 Tidak terdapat
        Tahun 2024 tentang Perubahan Kedua atas                                 yang berkaitan dengan Peraturan Pelaksanaan Kebijakan Insentif Likuiditas         dampak terhadap
        Peraturan Anggota Dewan Gubernur Nomor 11                               Makroprudensial dan potensi denda/sanksi administratif lainnya yang               Laporan Keuangan
        Tahun 2023 tentang Peraturan Pelaksanaan                                berdampak bagi Bank Raya.
        Kebijakan Insentif Likuiditas Makroprudensial

        Regulation of Board of Governors’ Members Number   January 1, 2025      Bank Raya will adjust its policies/procedures on the Implementation Regulations   There is no impact
        21 of 2024 on the Second Amendment to Regulation                        of Macroprudential Liquidity Incentive Policy and potential fines/other           on the Financial
        of Board of Governors’ Members Number 11 of                             administrative sanctions that impact Bank Raya.                                   Statements
        2023 on the Implementation Regulations for
        Macroprudential Liquidity Incentive Policy




                                                                                                         Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                        Annual Report & Sustainability Report     2025 241
Page 242
       Ikhtisar Kinerja                                 Laporan Manajemen                             Profil Perusahaan                          Tinjauan Pendukung Bisnis
       Performance Highlights                           Management Report                             Company Profile                            Overview of Business Support Units




                                                                                                                                                                    Dampak Terhadap
                 No Peraturan & Perihal                     Mulai Berlaku                                Dampak Terhadap Bank                                      Laporan Keuangan
 No
               Regulation Number & Subject                  Effective Date                                 Impact on the Bank                                      Impact on Financial
                                                                                                                                                                       Statements

2     Peraturan Anggota Dewan Gubernur Nomor 23             2 januari 2025    Bank Raya akan melakukan penyesuaian terhadap kebijakan/prosedur,                    Tidak terdapat
      Tahun 2024 tentang Dealer Utama Pasar Uang                              khususnya Dealer Utama Pasar Uang dan Pasar Valuta Asing di Bidang                   dampak terhadap
      dan Pasar Valuta Asing                                                  Sistem Pembayaran.                                                                   Laporan Keuangan.

      Regulation of Board of Governors’ Members             January 2, 2025   Bank Raya will adjust its policies/procedures, particularly regarding Main           There is no impact
      Number 23 of 2024 on Primary Dealers in Money                           Dealers in the Money Market and Foreign Exchange Market in the Payment               on the Financial
      Market and Foreign Exchange Market                                      System Sector.                                                                       Statements
3     Peraturan Anggota Dewan Gubernur Bank                 2 januari 2025    Adanya mekanisme Baru terhadap pelaksanaan pelaporan perizinan kepada                Tidak terdapat
      Indonesia Nomor 12 Tahun 2024 Peraturan                                 BI. sehingga berdampak pada proses perizinan oleh Bank Raya.                         dampak terhadap
      Pelaksanaan Perizinan Terpadu Bank Indonesia                                                                                                                 Laporan Keuangan.
      Melalui Front Office Perizinan.

      Regulation of Board of Governors’ Members of          January 2, 2025   The new mechanism for reporting licensing to BI has impacted Bank Raya's             There is no impact
      Bank Indonesia Number 12 of 2024 on the                                 licensing process.                                                                   on the Financial
      Implementation of Integrated Licensing of Bank                                                                                                               Statements
      Indonesia Through the Licensing Front Office.
4     Peraturan Pemerintah (PP) Nomor 8 Tahun 2025          01 Maret 2025     Peraturan Pemerintah ini memuat pokok materi muatan antara lain sebagai              Tidak terdapat
      tentang Perubahan atas Peraturan Pemerintah                             berikut:                                                                             dampak terhadap
      Nomor 36 Tahun 2023 tentang Devisa Hasil                                1) perubahan persentase DHE SDA yang wajib tetap ditempatkan (retensi)               Laporan Keuangan
      Ekspor dari Kegiatan Pengusahaan, Pengelolaan,                               dalam sistem keuangan Indonesia; dan
      dan/atau Pengolahan Sumber Daya Alam.                                   2)    perubahan jangka waktu retensi DHE SDA.


      Government Regulation (PP) Number 8 of 2025           March 1, 2025     This Government Regulation contains the following main points:                       There is no impact
      on Amendments to Government Regulation                                  1) changes to the percentage of DHE SDA that must be retained in the                 on the Financial
      Number 36 of 2023 on Foreign Exchange from                                    Indonesian financial system; and                                               Statements
      Export Proceeds from Natural Resource Business,                         2) changes to the retention period for DHE SDA.
      Management, and/or Processing Activities
5     Peraturan Bank Indonesia Nomor 4 Tahun 2025           27 Maret 2025     Kebijakan Sistem Pembayaran ditetapkan dan diterapkan terhadap:                      Tidak terdapat
      tanggal 27 Maret 2025 tentang Kebijakan Sistem                          1.   Penyelenggara jasa sistem pembayaran;                                           dampak terhadap
      Pembayaran                                                              2.   Pihak selain penyelenggara jasa sistem pembayaran yang memperoleh               Laporan Keuangan
                                                                                   izin dan/atau penetapan dari Bank Indonesia;
                                                                              Penyesuaian acuan kebijakan di internal Bank

      Bank Indonesia Regulation Number 4 of 2025            March 27, 2025    The Payment System Policy is established and applied to:                             There is no impact
      dated March 27, 2025, on Payment System Policy                          1.   Payment system service providers;                                               on the Financial
                                                                              2.   Parties other than payment system service providers that have obtained          Statements
                                                                              permits and/or designations from Bank Indonesia;
                                                                              Adjustments to internal bank policy references.
6     Peraturan Anggota Dewan Gubernur No 9 Tahun           27 Maret 2025     Pasar Uang dan Pasar Valuta Asing yang modern dan maju dapat diwujudkan              Tidak terdapat
      2025 tentang Lembaga Pendukung Pasar Uang                               melalui pengaturan, pengembangan, dan pengawasan Pasar Uang dan                      dampak terhadap
      dan Pasar Valuta Asing dan Profesi Penunjang                            Pasar Valuta Asing secara menyeluruh (end-to-end) terhadap produk, harga             Laporan Keuangan
      Pasar Uang dan Pasar Valuta Asing                                       acuan (pricing), pelaku, serta infrastruktur.

                                                                              Dari aspek pelaku, dibutuhkan pelaku Pasar Uang dan Pasar Valuta Asing,
                                                                              termasuk Lembaga Pendukung PUVA dan Profesi Penunjang PUVA, yang
                                                                              aktif dan kompeten. Salah satu upaya untuk membentuk Lembaga Pendukung
                                                                              PUVA serta Profesi Penunjang PUVA Asing yang kompeten yaitu dengan
                                                                              penyempurnaan ketentuan terhadap tugas, kewajiban, dan pendaftaran
                                                                              bagi Lembaga Pendukung PUVA dan Profesi Penunjang PUVA yang
                                                                              memberikan jasa dalam kegiatan di Pasar Uang dan Pasar Valuta Asing.

      Regulation of Board of Governors’ Members No.         March 27, 2025    A modern and advanced Money Market and Foreign Exchange Market can                   There is no impact
      9 of 2025 on Money Market and Foreign Exchange                          be achieved through end-to-end regulation, development, and supervision              on the Financial
      Market Supporting Institutions and Money Market                         of the Money Market and Foreign Exchange Market, encompassing products,              Statements
      and Foreign Exchange Market Supporting                                  reference prices (pricing), players, and infrastructure.
      Professions
                                                                              From the player perspective, active and competent Money Market and
                                                                              Foreign Exchange Market actors, including PUVA Supporting Institutions and
                                                                              PUVA Supporting Professionals, are needed. One effort to establish competent
                                                                              PUVA Supporting Institutions and Foreign Exchange Supporting Professionals
                                                                              is by improving the provisions regarding the duties, obligations, and registration
                                                                              of PUVA Supporting Institutions and PUVA Supporting Professionals that
                                                                              provide services in the Money Market and Foreign Exchange Market.
7     Peraturan Anggota Dewan Gubernur Nomor 7              1 April 2025       Penyesuaian cakupan sektor tertentu yang ditetapkan Bank Indonesia                  Tidak terdapat
      Tahun 2025 tentang Perubahan Ketiga atas                                 menjadi sebagai berikut:                                                            dampak terhadap
      Peraturan Anggota Dewan Gubernur Nomor 11                                sektor pertanian, perdagangan, dan industri pengolahan;                             Laporan Keuangan
      Tahun 2023 tentang Peraturan Pelaksanaan                                 sektor transportasi, pergudangan, pariwisata, dan ekonomi kreatif; dan/atau
      Kebijakan Insentif Likuiditas Makroprudensial                            perumahan, real estate, dan konstruksi:
                                                                              ​sektor perumahan termasuk perumahan rakyat; dan/atau
                                                                               sektor konstruksi dan real estate selain perumahan.​
                                                                               Penyesuaian besaran KLM sehingga besaran KLM secara keseluruhan
                                                                               menjadi paling banyak sebesar 5%

      Regulation of Board of Governors’ Members             April 1, 2025     Adjustments to the coverage of certain sectors as determined by Bank                 There is no impact
      Number 7 of 2025 on the Third Amendment to                              Indonesia are as follows:                                                            on the Financial
      Regulation of Board of Governors’ Members                               agriculture, trade, and manufacturing;                                               Statements
      Number 11 of 2023 on the Implementation                                 transportation, warehousing, tourism, and creative economy; and/or
      Regulations for Macroprudential Liquidity Incentive                     housing, real estate, and construction;
      Policy                                                                  housing, including public housing; and/or
                                                                              construction and real estate sectors other than housing.
                                                                              Adjustment of KLM amount so that the total KLM amount is a maximum of
                                                                              5%.




242 PT Bank Raya Indonesia Tbk
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     Analisis dan Pembahasan Manajemen                       Tata Kelola Perusahaan                        Laporan Keberlanjutan                     Laporan Keuangan Audit
     Management Discussion and Analysis                      Good Corporate Governance                     Sustainability Report                     Audited Financial Report




                                                                                                                                                             Dampak Terhadap
               No Peraturan & Perihal                   Mulai Berlaku                              Dampak Terhadap Bank                                     Laporan Keuangan
No
             Regulation Number & Subject                Effective Date                               Impact on the Bank                                     Impact on Financial
                                                                                                                                                                Statements

8    Peraturan Anggota Dewan Gubernur Nomor 10          8 Mei 2025       Latar belakang penerbitan PADG ini yaitu adanya hasil evaluasi terhadap            Tidak terdapat
     Tahun 2025 tentang Perubahan atas Peraturan                         pelaksanaan Penatausahaan Rekening Giro di Bank Indonesia agar                     dampak terhadap
     Anggota Dewan Gubernur Nomor 24/21/                                 pengaturan penatausahaan Rekening Giro Valas untuk tujuan lainnya dapat            Laporan Keuangan
     PADG/2022 tentang Peraturan Pelaksanaan                             mendukung pelaksanaan setelmen transaksi melalui Rekening Giro Valas
     Rekening Giro di Bank Indonesia                                     milik Nasabah berupa Bank di Bank Indonesia.
                                                                         Beberapa hal yang diatur dalam PADG ini meliputi:
                                                                         1.    Jika Bank memiliki Rekening Giro Valas untuk tujuan lainnya, Bank
                                                                               menihilkan Rekening Giro Valas tersebut di akhir hari.
                                                                         2.    Contoh kepemilikan Rekening Giro Valas Bank untuk tujuan lainnya
                                                                               yaitu untuk setelmen sekuritas valuta asing Bank Indonesia (SVBI) dan
                                                                               sukuk valuta asing Bank Indonesia (SUVBI).

     Regulation of Board of Governors’ Members          May 8, 2025      The background to this PADG issuance is the evaluation of Current Account          There is no impact
     Number 10 of 2025 on Amendments to Regulation                       Administration at Bank Indonesia, ensuring that the management of Foreign          on the Financial
     of Board of Governors’ Members Number 24/21/                        Currency Current Accounts for other purposes can support the settlement of         Statements
     PADG/2022 on Regulations for the Implementation                     transactions through Customers' Foreign Currency Current Accounts at Bank
     of Current Accounts at Bank Indonesia                               Indonesia.
                                                                         Several matters regulated in this PADG include:
                                                                         1.   If a Bank maintains a Foreign Currency Current Account for other
                                                                              purposes, the Bank shall cancel the Foreign Currency Current Account
                                                                              at the end of the day.
                                                                         2.   Examples of holding a Foreign Currency Current Account for other
                                                                              purposes include the settlement of Bank Indonesia foreign currency
                                                                              securities (SVBI) and Bank Indonesia foreign currency sukuk (SUVBI).
9    Peraturan Anggota Dewan Gubernur (PADG)            30 Juni 2025     Penguatan keamanan sistem: Bank Indonesia meningkatkan standar                     Tidak terdapat
     Bank Indonesia (BI) Nomor 14 Tahun 2025, BI                         keamanan untuk BI-FAST, meliputi sumber daya manusia, proses, dan                  dampak terhadap
     melakukan perubahan kedua atas PADG Nomor                           teknologi yang digunakan oleh Bank Indonesia dan para peserta BI-FAST.             Laporan Keuangan
     17 Tahun 2023 tentang Penyelenggaraan BI-                           Ketahanan siber: peserta BI-FAST, termasuk bank konvensional dan syariah,
     FAST                                                                serta cabang bank asing di Indonesia, harus mematuhi standar ketahanan
                                                                         siber dan keamanan sistem informasi terbaru.
                                                                         Tindakan pencegahan dan penanganan penipuan: peraturan ini mencakup
                                                                         persyaratan yang lebih ketat terkait sistem deteksi penipuan (Fraud Detection
                                                                         System/FDS) dan penanganan insiden penipuan. Peserta BI-FAST wajib
                                                                         melaporkan insiden penipuan dalam jangka waktu yang telah ditetapkan.
                                                                         Audit dan pengujian keamanan: Peserta BI-FAST diwajibkan untuk melakukan
                                                                         audit dan pengujian keamanan sistem informasi secara berkala, minimal satu
                                                                         kali per tahun, untuk memastikan kepatuhan terhadap standar keamanan
                                                                         yang baru

     Regulation of Board of Governors’ Members          June 30, 2025    Strengthening system security: Bank Indonesia is enhancing security standards      There is no impact
     (PADG) of Bank Indonesia (BI) Number 14 of                          for BI-FAST, encompassing the human resources, process, and technology             on the Financial
     2025, BI made the second amendment to PADG                          used by Bank Indonesia and BI-FAST participants.                                   Statements
     Number 17 of 2023 on the Implementation of                          Cyber resilience: BI-FAST participants, including conventional and sharia banks,
     BI-FAST                                                             as well as foreign bank branches in Indonesia, must comply with the latest
                                                                         cyber resilience and information system security standards.
                                                                         Fraud prevention and handling measures: This regulation includes stricter
                                                                         requirements regarding fraud detection system (FDS) and fraud incident
                                                                         handling. BI-FAST participants are required to report fraud incidents within a
                                                                         specified timeframe.
                                                                         Security audit and testing: BI-FAST participants are required to conduct regular
                                                                         information system security audit and test, at least once a year, to ensure
                                                                         compliance with the new security standards.
10   Peraturan Anggota Dewan Gubernur Nomor 16          23 Juli 2025     Pemberlakukan INDONIA,                                                             Tidak terdapat
     Tahun 2025 Perubahan Atas Peraturan Anggota                         Penyesuaian perhitungan suku bunga transaksi                                       dampak terhadap
     Dewan Gubernur Nomor 13 Tahun 2024 Tentang                                                                                                             Laporan Keuangan
     Transaksi Pasar Uang

     Regulation of Board of Governors’ Members          July 23, 2025    Implementation of INDONIA,                                                         There is no impact
     Number 16 of 2025, Amendment to Regulation                          Adjustment of transaction interest rate calculations                               on the Financial
     of Board of Governors’ Members Number 13 of                                                                                                            Statements
     2024 on Money Market Transactions
11   Surat Edaran Otoritas Jasa Keuangan Nomor          5 Desember       ketentuan mengenai penyampaian laporan secara elektronik, penyedia                 Tidak terdapat
     10/SEOJK.04/2025 tentang Penyampaian               2025             sistem pelaporan secara elektronik, penyedia sistem publikasi laporan secara       dampak terhadap
     Laporan Kepemilikan atau Setiap Perubahan                           elektronik serta penyampaian laporan secara elektronik dalam keadaan               Laporan Keuangan
     Kepemilikan Saham Perusahaan Terbuka dan                            kahar.
     Laporan Aktivitas Menjaminkan Saham
     Perusahaan Terbuka Secara Elektronik

     Financial Services Authority Circular Number       December 5,      provisions on electronic submission of report, provider of electronic reporting    There is no impact
     10/SEOJK.04/2025 on the Electronic Submission      2025             system, provider of electronic report publication system, and electronic           on the Financial
     of Ownership Reports or Changes in Share                            submission of report in case of force majeure.                                     Statements
     Ownership of Public Companies and Reports on
     Activities of Pledged Shares of Public Companies
12   Peraturan Anggota Dewan Gubernur Nomor 22          20 Desember      Bank Raya akan melakukan penyesuaian terhadap kebijakan/prosedur,                  Tidak terdapat
     Tahun 2024 tentang Laporan Pelaksanaan             2025             khususnya Laporan Pelaksanaan Standardisasi Kompetensi di Bidang Sistem            dampak terhadap
     Standardisasi Kompetensi di Bidang Sistem                           Pembayaran                                                                         Laporan Keuangan
     Pembayaran

     Regulation of Board of Governors’ Members          December 20,     Bank Raya will adjust its policies/procedures, particularly the Report on          There is no impact
     Number 22 of 2024 on the Report of the             2025             Implementation of Competency Standardization in the Payment System                 on the Financial
     Implementation of Competency Standardization                        Sector.                                                                            Statements
     in Payment System Sector




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         Ikhtisar Kinerja                               Laporan Manajemen         Profil Perusahaan                      Tinjauan Pendukung Bisnis
         Performance Highlights                         Management Report         Company Profile                        Overview of Business Support Units




Perbandingan Target dan Realisasi 2025 Serta Proyeksi 2026
Comparison of 2025 Target and Realization and 2026 Projection

Bank Raya telah menetapkan beberapa target dari aspek operasional           Bank Raya established several operational, financial, and human resources
dan keuangan serta sumber daya manusia yang telah ditetapkan di awal        targets at the beginning of 2025 as part of the Bank’s Business Plan (RBB).
tahun 2025 sebagai bagian dari Rencana Bisnis Bank (RBB). Realisasi dari    The realization of the 2025 targets, together with the projections for the
target tahun 2025 beserta proyeksi untuk tahun buku 2026 diuraikan pada     2026 fiscal year, are presented in the following table:
tabel berikut ini:


                                                                                                              2025                            2026
                                              Indikator
                                             Indicators                                      Target                   Realisasi              Target
                                                                                             Target                  Realization             Target

 Operasional dan Keuangan
 Operational and Finance
       Laba Tahun Berjalan                                                                        > 100%             (498.613)                 Tumbuh
       Profit of The Year                                                                                                                        Grow
       Marjin Bunga Bersih (NIM)                                                                      > 5%              5,08%                      > 5%
       Net Interest Margin (NIM)
       Beban Operasional terhadap Penghasilan Operasional (BOPO)                               92% - 94%              124,22%                95% - 98%
       Operating Expense to Operating Income (BOPO)
       Loan to Deposit Ratio (LDR)                                                             85% - 87%               80,83%                84% - 85%
       Loan to Deposit Ratio (LDR)
       Rasio CASA                                                                              28% - 30%               33,62%                35% - 37%
       CASA Ratio
       NPL - gross                                                                            3,3% - 3,5%              14,02%                      < 5%
       Gross NPL
       Pertumbuhan kredit yang diberikan                                                          5%-7%                  8,3%                    5%-6%
       Growth in loans granted
       Pertumbuhan aset                                                                          1% - 2%                 -0,3%                   2%-3%
       Asset growth
       Pertumbuhan DPK                                                                           5% - 8%                17,4%                    1%-2%
       Third Party Fund Growth
 Struktur Modal
 Capital Structure
       Kewajiban Penyediaan Modal Minimum (KPMM)                                                36%-40%                40,25%             34% - 39%
       Minimum Capital Adequacy Ratio (CAR)
       KPMM Modal Inti                                                                          36%-40%                39,30%             34% - 39%
       Core Capital Capital Adequacy Ratio
 SDM
 HR
       % Biaya Pendidikan dan Pelatihan terhadap Biaya Tenaga Kerja                                   3,50%             3,23%                  3,50%
       % Cost of Education and Training Costs for Employees

 Bisnis Digital
 Digital Bussiness

       Pertumbuhan Penyaluran Kredit Digital                                                    38%-39%                39,77%              30%-32%
       Growth in Digital Loan Distribution

       Pertumbuhan Outstanding Kredit Digital                                                   33%-34%                33,93%              28%-30%
       Growth in Outstanding Digital Loan

       Komposisi Kredit Digital Terhadap Total Kredit                                           39%-41%                   40%              47%-49%
       Composition Digital Loan to Total Loan

       Pertumbuhan Volume Digital Saving                                                        30%-31%                67,26%              15%-20%
       Growth in Digital Savings Volume

       Komposisi Simpanan Digital Terhadap Total Simpanan                                       28%-29%                 33,7%              33%-34%
       Composition of Digital Savings to Total Savings




Kebijakan Strategis untuk Tahun 2026
Strategic Policy for 2026

Setelah melewati tahun 2025 yang menitikberatkan pada Optimize              After navigating 2025 with a strategic focus on Optimizing Profitability
Profitability through Intra Group Business Ecosystem, Bank Raya akan        through Intra Group Business Ecosystem, Bank Raya will optimize business
mengoptimalkan peluang bisnis tahun mendatang dengan memfokuskan            opportunities in the coming year by focusing on Exploit New Engines of
pada Exploit New Engine of Growth. Dalam hal ini, pada tahun mendatang,     Growth. In this regard, Bank Raya is targeting a significant increase in the
Bank Raya menargetkan peningkatan signifikan dalam komposisi portofolio     composition of its digital portfolio in the year ahead. Accordingly, the Bank
digital. Sehubungan dengan hal tersebut Bank akan melanjutkan upaya         will continue to pursue and enhance the best initiatives that were implemented
terbaik yang telah dilaksanakan pada tahun sebelumnya.                      in the previous year.




244 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                 Tata Kelola Perusahaan                Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis                Good Corporate Governance             Sustainability Report                 Audited Financial Report




Selanjutnya, untuk mencapai Visi dan Aspirasi Perusahaan, maka terdapat         Furthermore, in order to achieve the Company’s Vision and Aspirations,
beberapa Langkah strategis yang terbagi dalam dua business lever yang           several strategic initiatives have been formulated and grouped into two
akan dikembangkan oleh Bank, yaitu Business Growth Lever yang mencakup          business levers to be developed by the Bank, namely the Business Growth
Digital Productive Lending, Digital Consumptive Lending, Funding &              Lever, which comprises Digital Productive Lending, Digital Consumptive
Transaction, serta Legacy Business dan Business Enabling Lever yang             Lending, Funding & Transaction, and Legacy Business; and the Business
mencakup Branding, Community Branch, Information & Technology, People           Enabling Lever, which includes Branding, Community Branch, Information
& Organization serta Governance & Risk sesuai dengan Corporate Strategy         & Technology, People & Organization, as well as Governance & Risk, in
Framework.                                                                      accordance with the Corporate Strategy Framework.

Terkait dengan digital productive, Bank Raya akan melakukan pengembangan        With respect to Digital Productive Lending, Bank Raya will develop digital
produk digital untuk sektor produktif dengan target utama yaitu segmen          products for the productive sector, with MSMEs as the primary target segment.
UMKM. Dalam hal ini, Bank Raya akan melakukan pengembangan produk               In this context, the Bank will continuously enhance its products in line with
secara berkelanjutan sesuai kebutuhan nasabah, melakukan optimalisasi           customer needs, optimize product sales through the Bank’s existing networks,
penjualan produk melalui network yang dimiliki oleh Bank, serta melakukan       and expand its partnership network to function as an ecosystem supporting
perluasan jaringan partnership yang berfungsi sebagai ekosistem bagi            digital productive products.
produk digital produktif.

Untuk digital consumptive, Bank Raya akan melakukan pengembangan                For digital consumptive lending, Bank Raya will develop digital consumptive
produk digital consumptive dengan target market utama yaitu kelompok            products targeting the productive-age population with strong digital literacy
masyarakat dengan usia produktif dan memiliki literasi digital yang baik        (Generation Z and Millennials) as the main market. The strategic initiatives
(Gen Z dan Millennial). Beberapa langkah-langkah strategis yang akan            in this area include continuous product development based on customer
dilakukan yaitu melakukan pengembangan produk secara berkelanjutan              needs, expansion of partnership ecosystems, and further digitalization of
sesuai kebutuhan nasabah, memperluas ekosistem partnership dan                  business processes.
melakukan digitalisasi proses bisnis.

Selanjutnya, Funding & Transaction diarahkan pada pengembangan                  In the area of Funding & Transaction, Bank Raya will focus on developing
produk digital funding serta fitur-fitur transaksi di dalam aplikasi Raya,      digital funding products and transaction features within Aplikasi Raya, with
dengan tujuan untuk meningkatkan jumlah Low-Cost Funding berbasis               the objective of increasing Digital Saving–based Low-Cost Funding as well
Digital Saving serta Fee Based Income yang bersumber dari transaksi             as Fee-Based Income derived from customer transactions conducted
nasabah di Aplikasi Raya.                                                       through Aplikasi Raya.

Terkait dengan Value Chain Business, Bank Raya melakukan pengembangan           With regard to Value Chain Business, Bank Raya will develop and optimize
dan optimalisasi potensi Value Chain Business yang bersumber dari               the potential of value chain–based business derived from both internal and
ekosistem bisnis internal maupun eksternal. Bank Raya juga akan melakukan       external business ecosystems. The Bank will also continue to develop
pengembangan produk dan layanan sesuai dengan kebutuhan dari                    products and services that are aligned with the specific needs of these
ekosistem Value Chain Business tersebut.                                        value chain ecosystems.

Selanjutnya, Bank Raya akan terus berupaya untuk meningkatkan Brand             Furthermore, Bank Raya will continue its efforts to enhance Brand Value,
Value baik dari sisi produk dan layanan Bank Raya, Corporate Branding,          encompassing product and service branding, corporate branding, and
maupun Employee Branding. Peningkatan Brand Value akan dilakukan                employee branding. Improvements in brand value will be pursued through
melalui peningkatan awareness dan perception dari masyarakat kepada             increased public awareness of, and positive perceptions toward, Bank
Bank Raya.                                                                      Raya.

Terkait aspek Information & Technology, Bank Raya menitikberatkan pada          In terms of Information & Technology, Bank Raya will prioritize strengthening
peningkatan kapabilitas infrastruktur IT dan pengembangan data analytics        IT infrastructure capabilities and advancing the development of corporate
perusahaan. Fokus Bank adalah untuk meningkatkan data-driven culture,           data analytics. The Bank’s focus is to foster a data-driven culture, enhance
meningkatkan keamanan produk dan operasional Bank, serta mempersiapkan          the security of its products and operations, and prepare its IT infrastructure
infrastruktur TI yang dapat memenuhi kebutuhan bisnis dan inisiatif strategis   to support business needs and the Company’s strategic initiatives.
perusahaan.

Dalam hal People & Organization, Bank Raya fokus pada pengembangan              With respect to People & Organization, Bank Raya focuses on developing
human capital information system yang terintegrasi. Bank juga akan              an integrated human capital information system. The Bank will also strengthen
meningkatkan internalisasi dan penguatan corporate culture untuk                the internalization of corporate values and reinforce corporate culture to
mendukung pencapaian kinerja Bank oleh seluruh pekerja. Terakhir, terkait       support the achievement of the Bank’s performance targets by all employees.
dengan Governance & Risk, Bank Raya menekankan pada upaya-upaya                 Lastly, regarding Governance & Risk, Bank Raya emphasizes continuous
peningkatan Tata Kelola Perusahaan, Manajemen Risiko, serta implementasi        improvements in Corporate Governance, Risk Management, and the
ESG Framework dalam seluruh proses bisnis Bank.                                 implementation of ESG Framework across all of the Bank’s business processes.




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         Ikhtisar Kinerja                              Laporan Manajemen            Profil Perusahaan                    Tinjauan Pendukung Bisnis
         Performance Highlights                        Management Report            Company Profile                      Overview of Business Support Units




Prospek Usaha
Business Outlook

Proyeksi International Monetary Fund (IMF) menyebutkan bahwa pertumbuhan      According to projections by the International Monetary Fund (IMF), global
ekonomi dunia tumbuh melambat menjadi sebesar 3,1% pada tahun 2026.           economic growth is expected to decelerate to 3.1% in 2026. This estimated
Artinya, estimasi pertumbuhan ini lebih rendah dibandingkan capaian           growth rate is lower than the achievements recorded in 2024 and 2025,
tahun 2024 dan 2025 sebesar 3,3% dan 3,2%. Dari estimasi pertumbuhan          which stood at 3.3% and 3.2%, respectively. Based on these global growth
ekonomi dunia tersebut, perekonomian negara maju diperkirakan tumbuh          projections, the economies of advanced countries are expected to experience
stagnan sebesar 1,6% pada tahun 2026 sedangkan ekonomi negara                 stagnant growth of 1.6% in 2026, while emerging market and developing
berkembang diperkirakan kembali tumbuh melemah menjadi 4,0% pada              economies are projected to see a renewed moderation in growth to 4.0%
tahun tersebut.                                                               in the same year.

Di tengah tantangan ekonomi dunia tersebut, Pemerintah Indonesia              Amidst these global economic challenges, the Government of Indonesia
menargetkan Produk Domestik Bruto (PDB) tumbuh sebesar 5,4% pada              is targeting a Gross Domestic Product (GDP) growth rate of 5.4% in 2026.
tahun 2026. Sejumlah perkiraan indikator ekonomi untuk tahun 2026             A number of economic indicator estimates for 2026, referring to the 2026
mengacu pada RAPBN 2026 adalah sebagai berikut:                               Draft State Budget, are as follows:


                                                     Indikator                                                            APBN 2026
                                                     Indicator                                                         2026 State Budget

 Pertumbuhan Ekonomi (%,yoy)                                                                                                   5,4
 Economic Growth (%, yoy)
 Inflasi (%,yoy)                                                                                                               2,5
 Inflation (%, yoy)
 Nilai Tukar (Rp/US$)                                                                                                      16.500
 Exchange Rate (Rp/US$)
 Tingkat Suku Bunga SUN 10 Tahun (%)                                                                                           6,9
 10-Year Government Securities Rate (%)
 Harga Minyak Mentah Indonesia (US$/barel)                                                                                     70
 Indonesian Crude Oil Price (US$/barrel)
 Lifting Minyak Mentah (ribu barel per hari)                                                                                  610
 Crude Oil Lifting (thousand barrels per day)
 Lifting Gas (ribu barel setara minyak per hari)                                                                              984
 Gas Lifting (thousand barrels of oil equivalent per day)



Sejalan dengan proyeksi pertumbuhan ekonomi dari Kementerian Keuangan         In line with the economic growth projections issued by the Ministry of
tersebut, Bank Indonesia (BI) memperkirakan pertumbuhan PDB Indonesia         Finance, Bank Indonesia (BI) estimates Indonesia’s GDP growth to be in
sebesar 4,9%-5,7% pada tahun 2026. Selanjutnya, seiring dengan                the range of 4.9%–5.7% in 2026. Moreover, in line with this economic growth,
pertumbuhan ekonomi tersebut, BI memproyeksikan pertumbuhan kredit            BI projects credit growth of 8-12% yoy in 2026.
sebesar 8-12% yoy pada tahun 2026.

Perkiraan pertumbuhan kredit tersebut diharapkan tercapai dengan              The projected credit growth is expected to be achieved with the support
dukungan kebijakan makroprudensial pada tahun 2026 yang mencakup              of macroprudential policies in 2026, which include strengthening the
penguatan efektivitas Kebijakan Insentif Likuiditas Makroprudensial (KLM)     effectiveness of Macroprudential Liquidity Incentive (KLM) through the
forward looking lending channel dalam mendorong perilaku perbankan            forward-looking lending channel to encourage banking behavior in
dalam meningkatkan kredit/pembiayaan ke sektor-sektor prioritas, termasuk     expanding credit/ financing to priority sectors. This includes adjustments
penyesuaian sektor dan besarnya insentif yang diberikan, maupun sinergi       to the targeted sectors and the amount of incentives provided, as well as
dengan Pemerintah, KSSK, dan pihak terkait termasuk Danantara dalam           synergies with the Government, the Financial System Stability Committee
mendorong permintaan kredit dari sektor riil.                                 (KSSK), and other relevant stakeholders, including Danantara, to stimulate
                                                                              credit demand from the real sector.

Kedua, BI juga mendorong percepatan penurunan suku bunga deposito             Second, BI also encourages the acceleration of reductions in banking deposit
dan kredit perbankan melalui efektivitas KLM forward looking interest         and lending interest rates through the effectiveness of the KLM forward-looking
channel dan respons yang diperlukan, termasuk koordinasi KSSK dalam           interest rate channel and the necessary policy responses. This includes
penurunan suku bunga deposan besar (special rate) dan penurunan margin        coordination within the KSSK to reduce large depositor interest rates (special
suku bunga kredit.                                                            rates) and narrow lending interest margins.

Ketiga, penguatan surveilans sistemik untuk menjaga ketahanan perbankan       Third, systemic surveillance is being strengthened to safeguard banking
dari dampak gejolak global dan risiko operasional, termasuk dengan            resilience against the impacts of global volatility and operational risks,
penguatan Protokol Manajemen Krisis Terintegrasi (PMKT). Koordinasi           including through the enhancement of the Integrated Crisis Management
kebijakan dengan Pemerintah dan KSSK juga terus diperkuat untuk               Protocol (Protokol Manajemen Krisis Terintegrasi/PMKT). Policy coordination
peningkatan kredit/pembiayaan ke sektor riil prioritas, penguatan ketahanan   with the Government and KSSK also continues to be strengthened to
SSK, serta keberlanjutan reformasi sektor keuangan sebagai tindak lanjut      increase credit/financing to priority real sectors, strengthen SSK resilience,
dari amanat UU P2SK.                                                          and ensure the sustainability of financial sector reforms as a follow-up to
                                                                              the mandate of the P2SK Law.




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       Analisis dan Pembahasan Manajemen                Tata Kelola Perusahaan                Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis               Good Corporate Governance             Sustainability Report                 Audited Financial Report




Selanjutnya, ekonomi digital Indonesia diperkirakan tetap membukukan           Furthermore, Indonesia’s digital economy is expected to continue recording
pertumbuhan di tahun-tahun mendatang. Laporan e-Conomy SEA 2025                growth in the coming years. The e-Conomy SEA 2025 report released by
yang dirilis oleh Google, Temasek, dan Bain & Company memperkirakan            Google, Temasek, and Bain & Company projects that Indonesia’s digital
ekonomi digital Indonesia tumbuh dan mencapai Gross Merchandise Value          economy will grow and reach a Gross Merchandise Value (GMV) of
(GMV) US$180-US$340 miliar pada tahun 2030. Estimasi GMV ini terutama          US$180–US$340 billion by 2030. This GMV estimate is primarily driven by
didukung oleh e-commerce yang diproyeksikan tumbuh menjadi US$140              e-commerce, which is projected to grow to US$140 billion. Other growth
miliar. Pendorong pertumbuhan lainnya adalah travel online senilai US$17       drivers include online travel at US$17 billion, online transportation and
miliar, transportasi online dan pengiriman senilai US$16 miliar, serta media   delivery services at US$16 billion, and online media at US$15 billion.
online senilai US$15 miliar.

Sejalan dengan proyeksi ekonomi digital tersebut, Bank Indonesia               In line with these digital economy projections, Bank Indonesia estimates
memperkirakan nominal pembayaran digital akan tumbuh 12,4% yoy                 that the nominal value of digital payments will grow by 12.4% yoy to
menjadi Rp88.310,7 triliun pada tahun 2026. Kenaikan nominal pembayaran        Rp88,310.7 trillion in 2026. This increase in nominal digital payments is
digital ini didukung oleh estimasi kenaikan volume transaksi sebesar 30,0%     supported by an estimated rise in transaction volume of 30.0% yoy to 63.93
yoy menjadi 63,93 miliar transaksi.                                            billion transactions.




Informasi Kelangsungan Usaha
Information on Business Continuity

Hal-Hal yang Berpotensi Berpengaruh Signifikan terhadap Kelangsungan Usaha
Matters that Potentially Have Significant Impact on Business Continuity

Bank Raya mempertimbangkan saran dari Komite Manajemen Risiko,                 Bank Raya takes into consideration input from the Risk Management
pakar ekonomi dan pertimbangan berbagai informasi aktual dan perkiraan         Committee, economic experts, as well as various current information and
eksternal. Bank merumuskan pandangan dasar (base case) tentang                 external forecasts. The Bank formulates a base case view on the movement
pergerakan variabel ekonomi yang relevan dimasa depan serta perkiraan          of relevant economic variables in the future, along with estimates of other
skenario lain yang mungkin terjadi. Proses ini meliputi pengembangan dua       possible scenarios. This process includes the development of two or more
atau lebih skenario ekonomi tambahan dan mempertimbangkan probabilitas         additional economic scenarios and consideration of the relative probabilities
relatif dari keluaran (output) yang mungkin. Informasi eksternal mencakup      of possible outputs. External information includes economic data and
data ekonomi dan perkiraan yang diterbitkan oleh, seperti badan pemerintah     forecasts published by, among others, government institutions as well as
dan analis sektor swasta dan akademisi terpilih.                               selected private sector and academic analysts.

Sehubungan dengan hal tersebut, sejalan dengan proyeksi pertumbuhan            In this regard, in line with the projected growth of Indonesia’s GDP as stated
PDB Indonesia sebagaimana yang tertuang dalam RAPBN 2026 sebesar               in the 2026 Draft State Budget of 5.4%, Bank Indonesia (BI) estimates
5,4%, Bank Indonesia (BI) memperkirakan pertumbuhan ekonomi Indonesia          Indonesia’s economic growth to be in the range of 4.9%–5.7% in 2026. This
sebesar 4,9-5,7% pada tahun 2026. Estimasi pertumbuhan ekonomi ini             economic growth estimate is accompanied by a higher projected credit
diikuti dengan proyeksi pertumbuhan kredit lebih tinggi sebesar 8-11%          growth of 8%–11% in 2026. The projected credit growth is supported by a
pada tahun 2026. Perkiraan pertumbuhan kredit tersebut didukung oleh           well-maintained financial system stability, underpinned by strong capital
stabilitas sistem keuangan yang terjaga didukung dengan kecukupan              adequacy and a low level of non-performing credit risk.
permodalan yang kuat dan risiko kredit bermasalah yang rendah.

Selain itu, faktor-faktor lain yang berpotensi berpengaruh terhadap            Furthermore, other factors that may potentially affect Bank Raya’s business
kelangsungan usaha Bank Raya adalah perkembangan ekonomi digital               continuity include the development of the digital economy and the increase
dan peningkatan pembayaran digital di Indonesia sebagaimana yang               in digital payments in Indonesia, as previously described. Furthermore, BI
telah dijelaskan sebelumnya. Selanjutnya, BI memperkirakan nilai nominal       estimates that the nominal value of QRIS transactions will grow significantly
transaksi QRIS tumbuh signifikan sebesar 109,2% yoy menjadi Rp3.110,6          by 109.2% yoy to Rp3,110.6 trillion in 2026. This increase is supported by a
triliun pada tahun 2026. Peningkatan ini didukung oleh kenaikan volume         rise in transaction volume of 10.6% yoy to 17.00 billion transactions in the
transaksi sebesar 10,6% yoy menjadi 17,00 miliar transaksi pada tahun          coming year.
mendatang.




Assessment Manajemen terhadap Faktor yang Mempengaruhi Kelangsungan Usaha
Management Assessment of Factors Affecting Business Continuity

Bank Raya menilai kelangsungan usaha dan mengukur kemampuan Bank               Bank Raya assesses business continuity and measures the Bank’s ability to
untuk melanjutkan kelangsungan usaha. Secara mendasar, manajemen               continue as a going concern. Fundamentally, management assesses that
menilai Bank memiliki sumber daya yang memadai untuk melanjutkan               the Bank has adequate resources to continue its operations in the future.
usahanya di masa mendatang. Bank Raya secara periodik yakni setiap 1           Bank Raya periodically, i.e., every 1 (one) semester, conducts an assessment
(satu) semester melakukan penilaian terhadap Tingkat Kesehatan Bank            of the Bank’s Soundness Level in accordance with POJK No. 4/POJK.03/2016
sesuai dengan POJK Nomor 4/ POJK.03/2016 tentang Penilaian Tingkat             on the Assessment of the Soundness Level of Commercial Banks.
Kesehatan Bank Umum.




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        Ikhtisar Kinerja                        Laporan Manajemen                   Profil Perusahaan                   Tinjauan Pendukung Bisnis
        Performance Highlights                  Management Report                   Company Profile                     Overview of Business Support Units




Hasil penilaian self-assessment Tingkat Kesehatan Bank pada tahun 2025        The self-assessment results of the Bank's Soundness Level in 2025 indicate
menunjukkan bahwa Bank Raya berada peringkat 2 yang berarti Bank              that Bank Raya is ranked 2, meaning that the Bank is in a healthy condition,
dalam kondisi sehat, dengan jelasan sebagai berikut:                          with the following explanations:
1. Tingkat profil risiko bank secara umum Low to Moderate;                    1. The bank's general risk profile level is Low to Moderate;
2. Peringkat Komposit GCG secara umum memadai;                                2. The Composite GCG Rating is generally Adequate;
3. Peringkat Rentabilitas Bank secara umum cukup memadai;                     3. The Bank's profitability rating is generally quite adequate;
4. Peringkat Permodalan Bank secara umum memadai.                             4. The Bank’s Capital Rating is Adequate.

Selain itu, kelangsungan usaha Bank Raya juga dipengaruhi oleh kekuatan       Moreover, Bank Raya’s business continuity is also influenced by its bargaining
tawar menawar dengan nasabah simpanan dimana Bank telah memiliki              power with deposit customers, where the Bank has Aplikasi Raya featuring
Aplikasi Raya dengan berbagai fitur Saku unggulan Saku Utama sebagai          various flagship “Saku” features, namely Saku Utama as the main account
rekening utama untuk transaksi dan terima uang, Saku Bujet untuk membantu     for transactions and receiving funds, Saku Bujet to help manage financial
mengelola pos keuangan berbagai kebutuhan, Saku Pintar untuk membantu         allocations for various needs, Saku Pintar to support regular savings through
menabung rutin dengan bantuan fitur autodebet, Saku Jaga untuk membantu       an auto-debit feature, Saku Jaga to help allocate emergency funds with
mengalokasi dana tak terduga dengan fitur kunci dan bunga lebih tinggi        a locking feature and higher interest compared to other Saku, Saku Bersama
dibanding Saku lainnya, Saku Bersama memberikan akses tabungan dan            which provides joint savings and transaction access suitable for communities,
transaksi bersama yang cocok untuk komunitas, serta Saku Bisnis merupakan     and Saku Bisnis, a dedicated pocket distinct from other personal pockets
saku khusus yang berbeda dengan saku personal lainnya untuk pengelolaan       for managing customers’ business finances.
keuangan usaha nasabah.

Bank Raya juga memiliki ekosistem BRI Group, dengan menyediakan akses         Bank Raya also has a BRI Group ecosystem, however, banking access such
perbankan seperti tarik tunai di ATM BRI, Agen BRILink dan Kantor Cabang      as cash withdrawals at BRI ATMs, BRILink agents, and BRI branch offices.
BRI. Hal tersebut meningkatkan competitive advantage Bank Raya sebagai        This enhances Bank Raya's competitive advantage as a digital bank by
bank digital dengan menyediakan akses yang luas bagi nasabah.                 providing broad access to customers.

Selanjutnya, Bank Raya juga memiliki kekuatan tawar menawar dengan            Furthermore, Bank Raya also has bargaining power with lending customers
nasabah pinjaman yang ditunjukkan dengan kepemilikan ekosistem                as evidenced by its ownership of exclusive ecosystems for Pinang Dana
eksklusif untuk produk Pinang Dana Talangan dan Pinang Flexi.                 Talangan and Pinang Flexi products. By enhancing its credit scoring and
Pengembangan credit scoring terus diperbaiki untuk dapat melakukan            improvment to enable customer acquisition from external ecosystems.
akuisisi dari ekosistem eksternal.

Peluang untuk pertumbuhan bisnis Bank Raya di masa mendatang juga             Opportunities for Bank Raya’s future business growth are further strengthened
diperkuat dengan potensi segmen UMKM yang sangat besar untuk pendanaan        by the substantial potential of the MSME segment for formal financing,
formal, literasi dan adaptasi digital masyarakat yang meningkat, dan          increasing digital literacy and adoption among the public, and the continued
semakin berkembangnya ekosistem digital.                                      development of digital ecosystems.




Asumsi yang Digunakan Manajemen dalam Melakukan Assessment
Assumptions Used by Management in Conducting Assessment

Bank Raya memperhatikan berbagai aspek penting dalam pengelolaan              Bank Raya considers various important aspects in managing its business,
usaha seperti aspek permodalan, kualitas aset produktif, rentabilitas,        such as capital adequacy, productive asset quality, profitability, liquidity,
likuiditas, pendanaan dan kepatuhan terhadap beragam ketentuan yang           funding, and compliance with applicable regulations in assessing business
berlaku dalam menilai kelangsungan usaha dengan mengacu kepada                continuity, by referring to the Bank’s Business Plan (RBB). These key aspects
Rencana Bisnis Bank (RBB). Beragam aspek penting tersebut selanjutnya         are further elaborated in the RBB and serve as parameters for Bank Raya
dijabarkan dalam RBB dan menjadi parameter bagi Bank Raya untuk               to maintain its business continuity within the national banking industry. Bank
mempertahankan kelangsungan usaha di industri perbankan nasional.             Raya also uses these key aspects as performance evaluation indicators
Bank Raya juga menjadikan berbagai aspek penting tersebut menjadi             against previously established targets. In addition, Bank Raya considers
indikator evaluasi kinerja dibandingkan dengan target yang telah ditetapkan   aspects of sustainable finance by aligning economic performance with
sebelumnya. Selain itu, Bank Raya juga memperhatikan aspek keuangan           environmental sustainability aspect, social responsibility, and good corporate
berkelanjutan dengan menyelaraskan ekonomi dengan aspek keberlanjutan         governance.
lingkungan, aspek sosial dan tata kelola perusahaan yang baik.




248 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                        Tata Kelola Perusahaan                          Laporan Keberlanjutan                     Laporan Keuangan Audit
       Management Discussion and Analysis                       Good Corporate Governance                       Sustainability Report                     Audited Financial Report




Pengungkapan Informasi Kualitatif terkait Risiko Kredit secara Umum (CRA)
Disclosure of Qualitative Information related to Credit Risk in General (CRA)
Format laporan tidak diatur. Bank menjelaskan terkait tujuan dan kebijakan manajemen risiko untuk Risiko Kredit khususnya terkait:
a. Bagaimana model bisnis tercermin dalam komponen profil Risiko Kredit Bank;
b. Kriteria dan pendekatan yang digunakan untuk menetapkan kebijakan manajemen Risiko Kredit dan menetapkan limit Risiko Kredit;
c. Struktur dan organisasi manajamen Risiko Kredit serta fungsi kontrol;
d. Hubungan antara fungsi manajemen Risiko Kredit, pengendalian risiko, kepatuhan dan audit internal; dan
e. Cakupan dan informasi utama dari pelaporan tentang eksposur Risiko Kredit dan fungsi manajemen Risiko Kredit direksi dan dewan komisaris.

The format of the report is not regulated. The Bank explains the risk management objectives and policies for Credit Risk in particular:
a. How the business model is reflected in the components of the Bank's Credit Risk profile;
b. Criteria and approaches used to establish Credit Risk management policies and set Credit Risk limits;
c. Structure and organization of Credit Risk management and control functions;
d. The relationship between Credit Risk management, risk control, compliance, and internal audit functions; and
e. Scope and key information of reporting on Credit Risk exposure and Credit Risk management function of the board of directors and board of
    commissioners.




Pengungkapan Kualitas Kredit atas Aset (CR1)
Disclosure of Credit Quality of Assets (CR1)

                                                                                                                                            (dalam jutaan rupiah)/(in million rupiah)

                                                   Nilai Tercatat Bruto                                           CKPN
                                                   Gross Carrying Value                               Allowance for Impairment Losses
                                                                                                                                                    CKPN              Nilai Bersih
                                                                                      CKPN
                                                                                                                                              (Pendekatan IRB)         (a+b-c)
                                              Tagihan yang      Tagihan yang      Allowance for
                                                                                                       Stage 2 dan                              Allowance for         Net Worth
                   Uraian                      Telah Jatuh      Belum Jatuh        Impairment
                                                                                                         Stage 3                             Impairment Losses         (a+b-c)
                 Description                     Tempo             Tempo              Losses                                 Stage 1
                                                                                                       Stage 2 and                             (IRB Approach)
                                                Overdue            Undue
                                                                                                         Stage 3
                                               Receivables       Receivables

                                                    a                 b                 c                   d                   e                     f                    g

 1    Kredit                                      1.081.332         6.633.991         1.442.219           1.406.642              35.577                                  6.273.104
      Credit
 2    Surat Berharga                                       -        5.068.330                282                     -               282                                 5.068.048
      Securities

 3    Transaksi Rekening Administratif                     -          115.673               1.262                    4              1.258                                  115.673
      Administrative Account Transactions
 4    Total                                       1.081.332        11.817.994         1.442.501           1.406.642              35.859                                 11.456.825




                                                                           Pengungkapan Tambahan
                                                                             Additional Disclosures




                                                                                Pedoman Pengisian
                                                                                 Filling Guidelines

 1)   "Nilai Tercatat Bruto" termasuk eksposur yang menimbulkan Risiko Kredit pada Bank dalam laporan posisi keuangan dan TRA. "Nilai Tercatat Bruto" merupakan nilai
      tercatat pada laporan keuangan sebelum memperhitungkan CKPN namun telah memperhitungkan hapus buku, tanpa mempertimbangkan FKK dan teknik MRK. Tagihan
      yang dihapus buku (write off) merupakan tagihan yang telah dihapus buku selama periode berjalan.

      “Gross Carrying Value” includes exposures that give rise to Credit Risk for the Bank in the statement of financial position and TRA. “Gross Carrying Value” is the carrying
      value in the financial statements before considering provision for credit losses but considering write offs, without considering FKK and MRK techniques. Receivables written
      off represent receivables that have been written off during the period.
 2)   Pos laporan posisi keuangan yang diungkapkan mencakup kredit dan surat berharga, sedangkan TRA mencakup:
      Disclosed statement of financial position items that include loans and securities, while TRA includes:
      a)      Garansi yang diberikan yaitu nilai garansi yang harus dibayar Bank dalam hal syarat-syarat pemberian garansi terpenuhi.
              The guarantee provided is the value of the guarantee that must be paid by the Bank in the event that the conditions for granting the guarantee are met.
      b)      Komitmen kredit yang bersifat irrevocable yaitu nilai kredit yang harus diberikan oleh Bank. Komitmen kredit yang bersifat revocable tidak masuk dalam kategori
              ini.
              Irrevocable credit commitment is the amount of credit that the Bank must extend. Revocable credit commitments are not included in this category.
 3)   Bank dapat menambahkan pengungkapan eksposur Risiko Kredit lainnya pada baris tersendiri apabila dinilai perlu.
      The Bank may add disclosure of other Credit Risk exposures in a separate line if deemed necessary.
 4)   "Tagihan yang Telah Jatuh Tempo" mengacu pada kategori portofolio tagihan yang telah jatuh tempo sebagaimana Lampiran A Surat Edaran Otoritas Jasa Keuangan
      ini, sedangkan "Tagihan yang Belum Jatuh Tempo" merupakan segala bentuk tagihan yang tidak termasuk ke dalam Tagihan yang Telah Jatuh Tempo.

      “Overdue Receivables” refers to the portfolio category of past due receivables as per Appendix A of this Circular Letter of the Financial Services Authority, while ‘Undue
      Receivables’ are all forms of receivables that are not included in the Overdue Receivables.


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       Ikhtisar Kinerja                                 Laporan Manajemen                               Profil Perusahaan                            Tinjauan Pendukung Bisnis
       Performance Highlights                           Management Report                               Company Profile                              Overview of Business Support Units




                                                                                  Pedoman Pengisian
                                                                                   Filling Guidelines

5)   "CKPN stage 1, stage 2 dan stage 3" sesuai dengan standar akuntansi keuangan mengenai instrumen keuangan. CKPN pada kolom c merupakan penjumlahan dari
     CKPN pada kolom d dan kolom e.

     “CKPN/Impairment Losses stage 1, stage 2 and stage 3” in accordance with financial accounting standards on financial instruments. CKPN in column c is the sum of CKPN
     in column d and column e.
6)   "Nilai Bersih" merupakan Nilai Tercatat Bruto dikurangi dengan CKPN.
     “Net Worth” represents the Gross Carrying Value less the provision for impairment losses.
     Jumlah kolom ini harus sama dengan jumlah kolom a ("Tagihan yang Tidak Dijamin dengan Teknik MRK") dan kolom b ("Tagihan yang Dijamin dengan Teknik MRK")
     pada tabel CR3.

     The sum of this column should equal the sum of column a (“Receivables Not Secured by MRK Techniques”) and column b (“Receivables Secured by MRK Techniques”) in
     table CR3.
7)   Tabel "Bank secara Konsolidasi dengan Entitas Anak" diisi apabila Bank memiliki entitas anak yang termasuk dalam cakupan konsolidasi sesuai ketentuan kehati-hatian.
     Sementara itu, apabila Bank tidak memiliki entitas anak, Bank hanya mengungkapkan tabel "Bank secara individu".

     The table “Bank in Consolidation with Subsidiaries” is filled in if the Bank has subsidiaries that are included in the scope of consolidation in accordance with prudential
     provisions. Meanwhile, if the Bank does not have subsidiaries, the Bank only discloses the “Bank individually” table.
8)   "Pengungkapan Tambahan" diisi dengan definisi yang digunakan Bank secara internal dalam mengelompokkan tagihan pada kategori portofolio tagihan yang telah
     jatuh tempo.

     “Additional Disclosures” is filled in with the definition used by the Bank internally in classifying receivables in the past due portfolio category.




Pengungkapan Mutasi Kredit dan Surat Berharga yang Telah Jatuh Tempo (CR2)
Disclosure of Credit Movements and Matured Securities (CR2)
                                                                                                                                                 (dalam jutaan rupiah)/(in million rupiah)

                                                                   Uraian
                                                                                                                                                                      a
                                                                 Description

1    Kredit dan Surat Berharga yang Telah Jatuh Tempo pada periode pelaporan terakhir                                                                               294.062
     Due Loans and Securities on Last Reporting Period
2    Kredit dan Surat Berharga yang Telah Jatuh Tempo sejak periode pelaporan terakhir                                                                              851.459
     Due Loans and Securities since Last Reporting Period
3    Kredit dan Surat Berharga yang kembali menjadi tagihan yang belum jatuh tempo                                                                                     4.312
     Loans and Securities that return to become undue receivables
4    Nilai hapus buku                                                                                                                                               157.463
     Write-Off Value
5    Perubahan lain                                                                                                                                                  97.601
     Other Changes
6    Kredit dan Surat Berharga yang Telah Jatuh Tempo pada periode pelaporan                                                                                      1.081.332
     Due Loans and Securities on Last Reporting Period
     (1+2-3-4+5)


                                                                               Pengungkapan Tambahan
                                                                                 Additional Disclosure




                                                                                  Pedoman Pengisian
                                                                                   Filling Guidelines

1)   "Tagihan yang Telah Jatuh Tempo" mengacu pada kategori portofolio tagihan yang telah jatuh tempo sebagaimana Lampiran A Surat Edaran Otorias Jasa Keuangan
     ini. Tagihan yang Telah Jatuh Tempo memperhitungkan hapus buku namun tidak mempertimbangkan CKPN.
     “Overdue Receivables” refers to the category of overdue receivables portfolio as per Annex A of this Circular Letter of the Financial Services Authority. Overdue Receivables
     considers write-offs but does not consider impairment losses.
2)   "Kredit dan Surat Berharga yang Telah Jatuh Tempo sejak periode pelaporan terakhir" merupakan Kredit dan Surat Berharga yang baru masuk dalam kategori portofolio
     tagihan yang telah jatuh tempo selama periode pelaporan.
     “Due Loans and Securities since Last Reporting Period” represent new loans and securities that have been included in the portfolio of past due receivables during the
     reporting period.
3)   "Kredit dan Surat Berharga yang kembali menjadi tagihan yang belum jatuh tempo" merupakan Kredit dan Surat Berharga yang berubah kembali menjadi tagihan yang
     belum jatuh tempo selama periode pelaporan.
     “Loans and Securities that return to become undue receivables” represent loans and securities that reverted to unmatured receivables during the reporting period.
4)   "Perubahan Lain" diisi dalam hal dibutuhkan untuk merekonsiliasi nilai total Kredit dan Surat Berharga yang Telah Jatuh Tempo pada akhir periode pelaporan.
     “Other Changes” should be filled in if necessary to reconcile the total value of Due Loans and Securities at the end of the reporting period.




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       Analisis dan Pembahasan Manajemen                      Tata Kelola Perusahaan                         Laporan Keberlanjutan                   Laporan Keuangan Audit
       Management Discussion and Analysis                     Good Corporate Governance                      Sustainability Report                   Audited Financial Report




                                                                              Pedoman Pengisian
                                                                               Filling Guidelines

 5)   Tabel "Bank secara Konsolidasi dengan Entitas Anak" diisi apabila Bank memiliki entitas anak yang termasuk dalam cakupan konsolidasi sesuai ketentuan kehati-hatian.
      Sementara itu, apabila Bank tidak memiliki entitas anak, Bank hanya mengungkapkan tabel "Bank secara Individu".


      The table “Bank in Consolidation with Subsidiaries” is filled in if the Bank has subsidiaries that are included in the scope of consolidation in accordance with prudential
      provisions. Meanwhile, if the Bank does not have subsidiaries, the Bank only discloses the “Bank individually” table.
 6)   "Pengungkapan Tambahan" diisi dengan penjelasan secara umum terkait faktor yang menyebabkan adanya perubahan signifikan (jika ada) pada jumlah Tagihan
      yang Telah Jatuh Tempo dari periode pelaporan terakhir, serta pergerakan yang signifikan (jika ada) antara Tagihan yang Telah Jatuh Tempo dan yang belum jatuh
      tempo.


      “Additional Disclosures” is filled in with a general explanation regarding the factors that cause a significant change (if any) in the amount of Overdue Receivables from
      the last reporting period, as well as significant movements (if any) between Overdue and Undue Receivables.




Pengungkapan Tambahan terkait Kualitas Kredit atas Aset (CRB)
Additional Disclosures Regarding Credit Quality of Assets (CRB)

Kualitatif
Format laporan tidak diatur. Bank harus menjelaskan terkait:
1) Cakupan dan definisi dari "Tagihan yang Telah Jatuh Tempo" dan "Tagihan yang mengalami penurunan nilai" serta perbedaan (jika ada) antara
    definisi yang digunakan Bank secara akuntansi dan secara prudensial sesuai dengan Surat Edaran Otoritas Jasa Keuangan ini.
2) Tagihan yang telah jatuh tempo (lebih dari 90 hari) yang tidak dianggap mengalami penurunan nilai dan alasan penetapan dimaksud.
3) Pendekatan dan metode statistik yang digunakan Bank dalam pembentukan CKPN. Selain itu, Bank juga harus memberikan informasi mengenai
    dasar pengkategorikan CKPN pada setiap stage.


Qualitative
The format of the report is not regulated. Banks should explain matters related to:
1) The scope and definition of “Overdue Receivables” and “Impaired Receivables” and the difference (if any) between the definitions used by the Bank
    on an accounting basis and on a prudential basis in accordance with this Financial Services Authority Circular Letter.
2) Overdue receivables (more than 90 days) that are not considered impaired and the reasons for such determination.
3) The statistical approach and method used by the Bank in forming the allowance for impairment losses. In addition, the Bank must also provide
    information on the basis for categorizing the allowance for impairment losses at each stage.




                                                                                                    Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                  Annual Report & Sustainability Report    2025 251
Page 252
        Ikhtisar Kinerja                                Laporan Manajemen                        Profil Perusahaan                        Tinjauan Pendukung Bisnis
        Performance Highlights                          Management Report                        Company Profile                          Overview of Business Support Units




Pengungkapan Tagihan Bersih Berdasarkan Wilayah
Disclosure of Net Receivables by Area

                                                                                                                                      Posisi Tanggal Laporan
                                                                                                                                       Report Date Position

                                                                                                                 Tagihan Bersih Berdasarkan Wilayah/Net Receivables by Area
                                           Kategori Portofolio                                                                                                         JawaTengah
No.
                                           Portfolio Category                                                                                Indonesia    Jawa            & DIY
                                                                                                                                 Bali &                                                   Jawa
                                                                                                                 Kalimantan                    Timur      Barat        Central Java
                                                                                                    Jakarta                      Nusa                                                    Timur
                                                                                                                 & Sulawesi                     East      West           & Special
                                                                                                                               Tenggara                                                 East Java
                                                                                                                                             Indonesia    Java           Region of
                                                                                                                                                                        Yogyakarta

 a                                                  b                                                  c             d            e              f             g            f               i

1     Tagihan kepada Pemerintah                                                                     5.053.151
      Receivables from Government
2     Tagihan kepada Entitas Sektor Publik                                                            137.115
      Receivables from Public Sector Entities
3     Tagihan kepada Pembangunan Multilateral dan Lembaga Internasional
      Receivables from Multilateral Development Banks and International Institutions
4     Tagihan kepada Bank                                                                             631.850
      Receivables from Banks
5     Tagihan berupa Covered Bond
      Receivables from Covered Bond
6     Tagihan kepada Perusahaan Efek dan Lembaga Jasa Keuangan Lainnya
      Receivables from Securities Companies and Other Financial Services Institutions
7     Tagihan berupa Surat Berharga/Piutang Subordinasi, Ekuitas, dan Instrumen Modal Lainnya               78
      Receivables in the form of Subordinated Securities, Equity and Other Capital Instruments
8     Kredit Beragun Properti Rumah Tinggal                                                            81.078         6.787                                    5.970            6.010     22.226
      Residential Property Collateralized Loans
9     Kredit Beragun Properti Komersial                                                                 4.916         5.288                                                                 1.000
      Commercial Property Collateralized Loans
10    Kredit untuk Pengadaan Tanah, Pengolahan Tanah, dan Konstruksi                                  275.400                                                                               9.557
      Land Acquisition, Land Processing and Construction Loans
11    Kredit Pegawai atau Pensiunan                                                                        177
      Employee or Retairement Loans
12    Tagihan kepada Usaha Mikro, Usaha Kecil, dan Portofolio Kecil                                 2.138.182        19.081       1.265                    18.184            51.379       70.185
      Receivables from Microbusiness, Small Business, and Retail Portfolio
13    Tagihan kepada Korporasi                                                                      2.471.307              -     22.751                            -            9.918    146.539
      Receivables from Corporations
14    Tagihan yang Telah Jatuh Tempo                                                                  503.480        21.425                                    7.636         14.155       23.947
      Due Receivables
15    Aset Lainnya                                                                                    470.827
      Other Assets

      TOTAL                                                                                         11.767.559       52.581      24.016              0     31.790            81.461      273.454



                                                                                Pedoman Pengisian

(1)   Pengungkapan tagihan bersih dilakukan untuk eksposur aset di laporan posisi keuangan dan eksposur di TRA.

(2)   Penetapan kategori portofolio dan perhitungan tagihan bersih mengacu pada Lampiran A Surat Edaran Otoritas Jasa Keuangan ini.

(3)   Penentuan wilayah dilakukan berdasarkan lokasi proyek dari debitur. Pembagian wilayah dilakukan berdasarkan kebijakan masing-masing Bank, sesuai laporan
      manajemen. Pembagian wilayah ditetapkan paling sedikit 3 (tiga) wilayah.
(4)   Tabel "Bank secara Konsolidasi dengan Entitas Anak" diisi apabila Bank memiliki entitas anak yang termasuk dalam cakupan konsolidasi sesuai ketentuan kehati-hatian.
      Sementara itu, apabila Bank tidak memiliki entitas anak, Bank hanya mengungkapkan tabel "Bank secara Individu".




252 PT Bank Raya Indonesia Tbk
Page 253
                        Analisis dan Pembahasan Manajemen                        Tata Kelola Perusahaan                                Laporan Keberlanjutan                 Laporan Keuangan Audit
                        Management Discussion and Analysis                       Good Corporate Governance                             Sustainability Report                 Audited Financial Report




                                                                                                                                                               (dalam jutaan rupiah)/(in million rupiah)
                                                                                                    Posisi Tanggal Laporan Tahun Sebelumnya
                                                                                                        Previous Year's Report Date Position

                                                                                         Tagihan Bersih Berdasarkan Wilayah/Net Receivables by Area

                                                                                                                              JawaTengah
                                                                                            Indonesia                             & DIY
             Lainnya                                         Kalimantan    Bali & Nusa        Timur        Jawa Barat        Central Java &    Jawa Timur                     Lainnya
Sumatra                          Total         Jakarta                                                                                                         Sumatra                        Total
              Others                                         & Sulawesi     Tenggara           East         West Java            Special        East Java                      Others
                                                                                            Indonesia                           Region of
                                                                                                                               Yogyakarta

   j               k               l             m               n               o              p               q                  r                s             t               u             v

                                5,053,151                                                                                                                                                             0

                                 137,115                                                                                                                                                              0

                                           -                                                                                                                                                          0

                                 631,850                                                                                                                                                              0

                                           -                                                                                                                                                          0

                                           -                                                                                                                                                          0

                                         78                                                                                                                                                           0

 101,457                         223,527                                                                                                                                                              0

  40,955                           52,159                                                                                                                                                             0

  15,015                         299,972                                                                                                                                                              0

       942                             1,119                                                                                                                                                          0

 237,289                        2,535,564                                                                                                                                                             0

  72,820                        2,723,335                                                                                                                                                             0

 136,573                         707,217                                                                                                                                                              0

                                 470,827                                                                                                                                                              0


 605,051                  0   12,835,913                 0             0              0                0                 0                 0             0               0              0             0



                                                                                                    Filling Guidelines

             (1)       Net charge disclosures are made for asset exposures in the position of financial statement and exposures in the TRA.

             (2)       The determination of portfolio category and calculation of net charge refers to Annex A of this Circular Letter of the Financial Services Authority.

             (3)       The determination of the area is based on the project location of the debtor. The division of areas is carried out based on the policies of each Bank, according to the
                       management report. The division of areas is determined by at least 3 (three) areas.
             (4)       The table “Bank in Consolidation with Subsidiaries” is filled in if the Bank has subsidiaries that are included in the scope of consolidation in accordance with prudential
                       provisions. Meanwhile, if the Bank does not have subsidiaries, the Bank only discloses the “Bank individually” table.




                                                                                                                             Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                                          Annual Report & Sustainability Report   2025 253
Page 254
          Ikhtisar Kinerja                                  Laporan Manajemen                             Profil Perusahaan                 Tinjauan Pendukung Bisnis
          Performance Highlights                            Management Report                             Company Profile                   Overview of Business Support Units




Pengungkapan Tagihan Bersih Berdasarkan Sektor Ekonomi
Disclosure of Net Receivables by Economic Sector



                                                                                                                                    Tagihan kepada Bank
                                                                                                                                       Pembangunan
                                                                                                                   Tagihan kepada
                                                                                                                                       Multilateral dan
                                                                                               Tagihan kepada       Entitas Sektor                          Tagihan kepada      Tagihan berupa
                                                                                                                                    Lembaga Internasional
                                        Sektor Ekonomi                                           Pemerintah             Publik                                   Bank            Covered Bond
No.                                                                                                                                   Receivables from
                                        Economic Sector                                        Receivables from    Receivables from                         Receivables from   Receivables from
                                                                                                                                         Multilateral
                                                                                                 Government          Public Sector                               Banks           Covered Bond
                                                                                                                                     Development Banks
                                                                                                                       Entities
                                                                                                                                      and International
                                                                                                                                         Institutions




    a                                            b                                                    c                   d                  e                     f                  g

        Posisi Tanggal Laporan | Report Date
1       Pertanian, Kehutanan dan Perikanan | Agriculture, Forestry, and Fishery
2       Pertambangan dan Penggalian | Mining and Quarrying
3       Industri Pengolahan | Manufacturing
4       Pengadaan Listrik, Gas, Uap/Air Panas dan Udara Dingin | Procurement of
        Electricity, Gas, Steam/Hot Water and Cold Air
5       Pengelolaan Air, Pengelolaan Air Limbah, Pengelolaan dan Daur Ulang Sampah,
        dan Aktivitas Remediasi | Water Management, Wastewater Management, Waste
        Management and Recycling, and Remediation Activities
6       Konstruksi | Construction
7       Perdagangan Besar dan Ecaran; reparasi dan Perawatan Mobil dan Sepeda
        Motor | Wholesale and Retail Trade; repair and Maintenance of Automobiles
        and Motorcycles
8       Pengangkutan dan Pergudangan | Transportation and Warehousing
9       Penyediaan Akomodasi dan Penyediaan Makan Minum | Accommodation and
        Food and Beverage Provision
10      Informasi dan Komunikasi | Information and Communication
11      Aktivitas Keuangan dan Asuransi | Financial and Insurance Activities
12      Real Estat | Real Estate
13      Aktivitas Profesional, Ilmiah dan Teknis | Professional, Scientific and Technical
        Activities
14      Aktivitas Penyewaan dan Sewa Guna Usaha Tanpa Hak Opsi, Ketenagakerjaan,
        Agen Perjalanan dan Penunjang Usaha Lainnya | Rental and Leasing Activities
        without Option Rights, Employment, Travel Agencies and Other Supporting
        Businesses
15      Administrasi Pemerintah, Pertahanan dan Jaminan Sosial Wajib |
        Government Administration, Defense and Compulsory Social Security
16      Pendidikan | Education
17      Aktivitas Kesehatan Manusia dan Aktivitas Sosial | Human Health and Social
        Activities
18      Kesenian, Hiburan dan Rekreasi | Arts, Entertainment and Recreation
19      Aktivitas Jasa Lainnya | Other Service Activities
20      Aktivitas Rumah Tangga sebagai Pemberi Kerja; Aktivitas yang Menghasilkan
        Barang dan Jasa oleh Rumah Tangga yang Digunakan untuk Memenuhi Kebutuhan
        Sendiri | Activities of Households as Employers; Activities that Produce Goods and
        Services by Households Used to Meet Their Own Needs
21      Aktivitas Badan Internasional dan Badan Ekstra Internasional Lainnya | Activities of
        International and Other Extra-International Bodies
22      Rumah Tangga | Household
23      Bukan Lapangan Usaha Lainnya | Other Non-Business Fields
24      Lainnya | Others                                                                             5.053.151            137.115                      -            631.850
        Total                                                                                        5.053.151            137.115                      -            631.850                  -




254 PT Bank Raya Indonesia Tbk
Page 255
                       Analisis dan Pembahasan Manajemen                        Tata Kelola Perusahaan                    Laporan Keberlanjutan                 Laporan Keuangan Audit
                       Management Discussion and Analysis                       Good Corporate Governance                 Sustainability Report                 Audited Financial Report




                                                                                                                                                    (dalam jutaan rupiah)/(in million rupiah)



                                                                                      Kredit untuk                   Tagihan kepada
 Tagihan kepada        Tagihan berupa Surat
                                                                                      Pengadaan                        Usaha Mikro,
 Perusahaan Efek         Berharga/Piutang       Kredit Beragun    Kredit Beragun
                                                                                         Tanah,                      Usaha Kecil, dan
dan Lembaga Jasa        Subordinasi, Ekuitas,   Properti Rumah       Properti                         Kredit Pegawai                                        Tagihan yang
                                                                                      Pengolahan                      Portofolio Kecil Tagihan kepada
Keuangan Lainnya dan Instrumen Modal                Tinggal         Komersial                         atau Pensiunan                                         Telah Jatuh
                                                                                      Tanah, dan                       Receivables        Korporasi                           Aset Lainnya
 Receivables from             Lainnya             Residential      Commercial                          Employee or                                             Tempo
                                                                                       Konstruksi                          from        Receivables from                       Other Assets
     Securities        Receivables in the form     Property          Property                           Retirement                                               Due
                                                                                    Land Acquisition,                 Microbusiness,     Corporations
 Companies and            of Subordinated        Collateralized   Collateralized                          Loans                                              Receivables
                                                                                    Land Processing                   Small Business,
  Other Financial       Securities, Equity and       Loans            Loans
                                                                                    and Construction                    and Retail
Services Institutions Other Capital Instruments
                                                                                         Loans                           Portfolio



         h                      i                     j                 k                  l                m                n                 o                  p                 q



                                                          8.015             3.074                                            43.488          1.312.843            258.412
                                                           404                  -                                                    -                 -              1.089
                                                       12.641               3.043                                            19.483            593.177             29.105
                                                              -                 -                                                    -                 -                  -


                                                                                -                                                   3                  -               359



                                                       13.874           25.032             295.201                           92.203             96.918            217.783
                                                       41.821           11.430                                              155.948            245.563             86.512



                                                            28               623                                                 1.138                 -              2.593
                                                          1.215              590                                                 6.837             6.200           11.029


                                                          1.328                 -                                                8.646          10.845                    -
                                                          3.535             2.251                                          1.083.702            20.495                7.991
                                                          1.294                                                                  1.145          22.751                2.105
                                                          1.887              540                                                 4.791         169.380                4.095


                                                          5.207                 -                                            13.968                    -              7.035




                                                              -                 -                                                    -                 -                  -


                                                              -                 -                                                    -                 -                  -
                                                           105                  -                                                5.274                 -              2.895


                                                             6                  -                                                    -                 -              2.729
                                                          6.430             3.118                                            11.416             43.390             15.566
                                                            94                  -                                                 463                  -              1.748




                                                              -                 -                                                                      -                  -


                                                     116.218                1.768                                           921.502                    -           52.160
                                                          4.420                 -                  -            1.119       143.675                    -              3.215
                                         78               5.005              689               4.771                         21.884            201.774                 797         470.827
                 -                       78          223.527            52.159             299.972              1.119      2.535.564         2.723.335            707.217          470.827




                                                                                                                    Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                              Annual Report & Sustainability Report     2025 255
Page 256
        Ikhtisar Kinerja                                  Laporan Manajemen                             Profil Perusahaan                 Tinjauan Pendukung Bisnis
        Performance Highlights                            Management Report                             Company Profile                   Overview of Business Support Units




                                                                                                                                  Tagihan kepada Bank
                                                                                                                                     Pembangunan
                                                                                                                 Tagihan kepada
                                                                                                                                     Multilateral dan
                                                                                             Tagihan kepada       Entitas Sektor                          Tagihan kepada      Tagihan berupa
                                                                                                                                  Lembaga Internasional
                                      Sektor Ekonomi                                           Pemerintah             Publik                                   Bank            Covered Bond
No.                                                                                                                                 Receivables from
                                      Economic Sector                                        Receivables from    Receivables from                         Receivables from   Receivables from
                                                                                                                                       Multilateral
                                                                                               Government          Public Sector                               Banks           Covered Bond
                                                                                                                                   Development Banks
                                                                                                                     Entities
                                                                                                                                    and International
                                                                                                                                       Institutions




 a                                             b                                                    c                   d                  e                     f                  g
      Posisi Periode Sebelumnya | Previous Period Position
1     Pertanian, Kehutanan dan Perikanan | Agriculture, Forestry, and Fishery
2     Pertambangan dan Penggalian | Mining and Quarrying
3     Industri Pengolahan | Manufacturing
4     Pengadaan Listrik, Gas, Uap/Air Panas dan Udara Dingin | Procurement of
      Electricity, Gas, Steam/Hot Water and Cold Air

5     Pengelolaan Air, Pengelolaan Air Limbah, Pengelolaan dan Daur Ulang Sampah,
      dan Aktivitas Remediasi | Water Management, Wastewater Management, Waste
      Management and Recycling, and Remediation Activities

6     Konstruksi | Construction
7     Perdagangan Besar dan Ecaran; Reparasi dan Perawatan Mobil dan Sepeda
      Motor | Wholesale and Retail Trade; Repair and Maintenance of Automobiles
      and Motorcycles

8     Pengangkutan dan Pergudangan | Transportation and Warehousing
9     Penyediaan Akomodasi dan Penyediaan Makan Minum | Accommodation and
      Food and Beverage Provision

10    Informasi dan Komunikasi | Information and Communication
11    Aktivitas Keuangan dan Asuransi | Financial and Insurance Activities
12    Real Estat | Real Estate
13    Aktivitas Profesional, Ilmiah dan Teknis | Professional, Scientific and Technical
      Activities
14    Aktivitas Penyewaan dan Sewa Guna Usaha Tanpa Hak Opsi, Ketenagakerjaan,
      Agen Perjalanan dan Penunjang Usaha Lainnya | Rental and Leasing Activities
      without Option Rights, Employment, Travel Agencies and Other Supporting
      Businesses
15    Administrasi Pemerintah, Pertahanan dan Jaminan Sosial Wajib | Government
      Administration, Defense and Compulsory Social Security
16    Pendidikan | Education
17    Aktivitas Kesehatan Manusia dan Aktivitas Sosial | Human Health and Social
      Activities
18    Kesenian, Hiburan dan Rekreasi | Arts, Entertainment and Recreation
19    Aktivitas Jasa Lainnya | Other Service Activities
20    Aktivitas Rumah Tangga sebagai Pemberi Kerja; Aktivitas yang Menghasilkan
      Barang dan Jasa oleh Rumah Tangga yang Digunakan untuk Memenuhi Kebutuhan
      Sendiri | Activities of Households as Employers; Activities that Produce Goods
      and Services by Households Used to Meet Their Own Needs
21    Aktivitas Badan Internasional dan Badan Ekstra Internasional Lainnya | Activities of
      International and Other Extra-International Bodies
22    Rumah Tangga | Household
23    Bukan Lapangan Usaha Lainnya | Other Non-Business Fields
24    Lainnya | Others
      Total




256 PT Bank Raya Indonesia Tbk
Page 257
                      Analisis dan Pembahasan Manajemen                   Tata Kelola Perusahaan                     Laporan Keberlanjutan                 Laporan Keuangan Audit
                      Management Discussion and Analysis                  Good Corporate Governance                  Sustainability Report                 Audited Financial Report




                                                                                                                                              (dalam jutaan rupiah)/(in million rupiah)




                       Tagihan berupa Surat                                      Kredit untuk                   Tagihan kepada
 Tagihan kepada
                         Berharga/Piutang                                        Pengadaan                        Usaha Mikro,
 Perusahaan Efek                              Kredit Beragun Kredit Beragun
                        Subordinasi, Ekuitas,                                       Tanah,                      Usaha Kecil, dan
dan Lembaga Jasa                              Properti Rumah    Properti                         Kredit Pegawai                                       Tagihan yang
                       dan Instrumen Modal                                       Pengolahan                      Portofolio Kecil Tagihan kepada
Keuangan Lainnya                                  Tinggal      Komersial                         atau Pensiunan                                        Telah Jatuh
                               Lainnya                                           Tanah, dan                       Receivables        Korporasi                          Aset Lainnya
 Receivables from                               Residential   Commercial                          Employee or                                            Tempo
                      Receivables in the form                                     Konstruksi                          from        Receivables from                      Other Assets
     Securities                                  Property       Property                           Retirement                                              Due
                          of Subordinated                                      Land Acquisition,                 Microbusiness,     Corporations
 Companies and                                 Collateralized Collateralized                         Loans                                             Receivables
                       Securities, Equity and                                  Land Processing                   Small Business,
  Other Financial                                  Loans          Loans
                           Other Capital                                       and Construction                    and Retail
Services Institutions
                             Instruments                                            Loans                           Portfolio




        h                      i                   j                k                 l                m               n                  o                  p                q




                                                                                                             Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                         Annual Report & Sustainability Report   2025 257
Page 258
         Ikhtisar Kinerja                                    Laporan Manajemen                             Profil Perusahaan                             Tinjauan Pendukung Bisnis
         Performance Highlights                              Management Report                             Company Profile                               Overview of Business Support Units




                                                                                       Pedoman Pengisian
                                                                                        Filling Guidelines

(1)    Pengungkapan tagihan bersih dilakukan untuk eksposur aset di laporan posisi keuangan dan eksposur di TRA
       Disclosure of net receivables is carried out for asset exposures in financial statement position and exposures in the TRA
(2)    Penetapan kategori portofolio dan perhitungan tagihan bersih mengacu pada Lampiran A Surat Edaran Otoritas Jasa Keuangan ini.
       The determination of portfolio categories and the calculation of net receivables refer to Annex A of this Financial Services Authority Circular Letter.
(3)    Rincian sektor ekonomi mengacu pada daftar kode sektor ekonomi sebagaimana diatur dalam ketentuan peraturan perundang-undangan mengenai laporan bank
       umum terintegrasi, dengan tambahan sektor lainnya untuk sektor ekonomi dari tagihan bersih yang dapat digolongkan dalam salah satu sektor yang ada.

       The breakdown of the economic sector refers to the list of economic sector codes as stipulated in the provisions of legislation regarding integrated commercial bank reports, with the
       addition of other sectors for the economic sector of the net receivables that can be classified in one of the existing sectors.
(4)    Tabel "Bank secara Konsolidasi dengan Entitas Anak" diisi apablia Bank memiliki entitas anak yang termasuk dalam cakupan konsolidasi sesuai ketentuan kehati-hatian.
       Sementara itu, apabila Bank tidak memiliki entitas anak, Bank hanya mengungkapkan tabel "Bank secara Individu".

       The table “Bank in Consolidation with Subsidiaries” is filled in if the Bank has subsidiaries that are included in the scope of consolidation in accordance with prudential
       provisions. Meanwhile, if the Bank does not have subsidiaries, the Bank only discloses the “Bank individually” table.




Pengungkapan Tagihan Bersih Berdasarkan Sisa Jangka Waktu Kontrak
Disclosure of Net Receivables Based on Remaining Contract Term
                                                                                                                                                      (dalam jutaan rupiah)/(in million rupiah)

                                                                   Posisi Tanggal Laporan                                                Posisi Tanggal Laporan Sebelumnya
                                                                       Reporting Date                                                      Position of Previous Report Date

                                               Tagihan bersih berdasarkan sisa jangka waktu kontrak                             Tagihan bersih berdasarkan sisa jangka waktu kontrak
                                                Net receivables based on the remaining contract term                             Net receivables based on the remaining contract term
           Kategori Portofolio
No.
           Portfolio Category
                                                     > 1 thn s.d. > 3 thn                      Non                                  > 1 thn s.d. > 3 thn                     Non
                                        < 1 tahun       3 thn     s.d. 5 thn    > 5 thn     Kontraktual                 < 1 tahun      3 thn     s.d. 5 thn   > 5 thn     Kontraktual
                                                                                                           Total                                                                        Total
                                         < 1 year    > 1 year- > 3 years-      > 5 years      Non-                      < 1 year     > 1 year- > 3 years-     > 5 years     Non-
                                                       3 years     5 years                  Contractual                               3 years      5 years                Contractual

 a                  b                      c             d            e            f            g            h              i            j           k            l           m          n
1     Tagihan kepada                    5.053.151              -           -            -                 5.053.151                                                                             0
      Pemerintah
      Receivables from
      Government
2     Tagihan kepada Entitas Sektor      137.115               -                                           137.115                                                                              0
      Publik
      Receivables from Public
      Sector Entities
3     Tagihan              kepada                -                                                                  -                                                                           0
      Pembangunan Multilateral
      dan Lembaga Internasional
      Receivables from Multilateral
      Development Banks and
      International Institutions
4     Tagihan kepada Bank                507.429               -                124.421                    631.850                                                                              0
      Receivables from Banks
5     Tagihan berupa Covered                                                                                        -                                                                           0
      Bond
      Receivables from Covered
      Bond
6     Tagihan kepada Perusahaan                                                                                     -                                                                           0
      Efek dan Lembaga Jasa
      Keuangan Lainnya
      Receivables from Securities
      Companies and Other
      Financial Services Institutions
7     Tagihan berupa Surat                     78                                                                  78                                                                           0
      Berharga/Piutang
      Subordinasi, Ekuitas, dan
      Instrumen Modal Lainnya
      Receivables in the form of
      Subordinated Securities,
      Equity and Other Capital
      Instruments
8     Kredit Beragun Properti              86.121         1.163        9.090    127.154                    223.527                                                                              0
      Rumah Tinggal
      Residential Property
      Collateralized Loans
9     Kredit Beragun Properti              38.176         2.078        3.208      8.697                      52.159                                                                             0
      Komersial
      Commercial Property
      Collateralized Loans




258 PT Bank Raya Indonesia Tbk
Page 259
        Analisis dan Pembahasan Manajemen                             Tata Kelola Perusahaan                           Laporan Keberlanjutan                            Laporan Keuangan Audit
        Management Discussion and Analysis                            Good Corporate Governance                        Sustainability Report                            Audited Financial Report




                                                                                                                                                        (dalam jutaan rupiah)/(in million rupiah)

                                                                   Posisi Tanggal Laporan                                                  Posisi Tanggal Laporan Sebelumnya
                                                                       Reporting Date                                                        Position of Previous Report Date

                                               Tagihan bersih berdasarkan sisa jangka waktu kontrak                             Tagihan bersih berdasarkan sisa jangka waktu kontrak
                                                Net receivables based on the remaining contract term                             Net receivables based on the remaining contract term
           Kategori Portofolio
No.
           Portfolio Category
                                                     > 1 thn s.d. > 3 thn                      Non                                    > 1 thn s.d. > 3 thn                       Non
                                        < 1 tahun       3 thn     s.d. 5 thn    > 5 thn     Kontraktual                < 1 tahun         3 thn     s.d. 5 thn   > 5 thn       Kontraktual
                                                                                                           Total                                                                            Total
                                         < 1 year    > 1 year- > 3 years-      > 5 years      Non-                     < 1 year        > 1 year- > 3 years-     > 5 years       Non-
                                                       3 years     5 years                  Contractual                                 3 years      5 years                  Contractual

a                    b                     c             d            e            f            g            h             i               j           k            l             m          n
10    Kredit untuk Pengadaan               30.828         8.515            -    260.628                     299.972                                                                                 0
      Tanah, Pengolahan Tanah,
      dan Konstruksi
      Land Acquisition, Land
      Processing and Construction
      Loans
11    Kredit Pegawai atau                        -             -           -      1.119                       1.119                                                                                 0
      Pensiunan
      Employee or Retairement
      Loans
12    Tagihan kepada Usaha Mikro,       1.488.189      865.658        36.707    145.011                   2.535.564                                                                                 0
      Usaha Kecil, dan Portofolio
      Kecil
      Receivables from Microbusiness,
      Small Business, and Retail
      Portfolio
13    Tagihan kepada Korporasi           934.849       244.438      289.232 1.254.816                     2.723.335                                                                                 0
      Receivables from
      Corporations
14    Tagihan yang Telah Jatuh             48.353       90.136        60.376    508.352                     707.217                                                                                 0
      Tempo
      Due Receivables
15    Aset Lainnya                         14.064       42.735      414.028             -                   470.827                                                                                 0
      Other Assets
      TOTAL                             8.338.352 1.254.722          812.641 2.430.199                -   12.835.913              0            0            0             0             0           0


                                                                                       Pedoman Pengisian
                                                                                        Filling Guidelines

(1)        Pengungkapan tagihan bersih dilakukan untuk eksposur aset di laporan posisi keuangan dan eksposur di TRA.
           Disclosure of net receivables is carried out for asset exposures in the financial statement position and exposures in the TRA.
(2)        Penetapan kategori portofolio dan perhitungan tagihan bersih mengacu pada Lampiran A Surat Edaran Otoritas Jasa Keuangan ini.
           The determination of portfolio categories and the calculation of net receivables refer to Annex A of this Financial Services Authority Circular Letter.
(3)        Pemetaan ke dalam skala waktu dilakukan berdasarkan sisa waktu sampai dengan jatuh tempo sesuai kontrak untuk pos laporan posisi keuangan dan TRA yang
           memiliki jatuh tempo kontraktual. Untuk pos laporan posisi keuangan dan TRA yang tidak memiliki jatuh tempo kontraktual (non maturity items) dimasukkan ke dalam
           kolom non-kontraktual.

           Mapping into a time scale is done based on the time remaining until maturity according to the contract for the financial position report and TRA items that have
           contractual maturity. For financial position report and TRA items that do not have contractual maturity (non-maturity items), they are entered in the non-contractual
           column.
(4)        Tabel "Bank secara Konsolidasi dengan Entitas Anak" diisi apabila Bank memiliki entitas anak yang termasuk dalam cakupan konsolidasi sesuai ketentuan kehati-
           hatian. Sementara itu, apabila Bank tidak memiliki entitas anak, Bank hanya mengungkapkan tabel "Bank secara Individu".

           The table “Bank in Consolidation with Subsidiaries” is filled in if the Bank has subsidiaries that are included in the scope of consolidation in accordance with prudential
           provisions. Meanwhile, if the Bank does not have subsidiaries, the Bank only discloses the “Bank individually” table.




                                                                                                              Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                               Annual Report & Sustainability Report          2025 259
Page 260
           Ikhtisar Kinerja                            Laporan Manajemen                             Profil Perusahaan                       Tinjauan Pendukung Bisnis
           Performance Highlights                      Management Report                             Company Profile                         Overview of Business Support Units




Pengungkapan Tagihan dan Pencadangan Berdasarkan Wilayah
Disclosure of Receivables and Provisioning based on Area

                                                                                                                                           Posisi Tanggal Laporan
                                                                                                                                               Reporting Date

                                                                                                                                                 Wilayah
                                                                                                                                                  Area
                         Keterangan
    No.
                         Description
                                                                                                                                                Jawa Tengah &
                                                                                                                               Jawa
                                                                                                               Indonesia                             DIY
                                                                       Kalimantan &        Bali & Nusa                         Barat                                Jawa Timur
                                                       Jakarta                                                   Timur                          Central Java &                    Sumatera
                                                                         Sulawesi           Tenggara                           West                                  East Java
                                                                                                             East Indonesia                    Special Region of
                                                                                                                               Java
                                                                                                                                                  Yogyakarta

      a                       b                           c                  d                  e                  f             g                     h                i            j
1            Tagihan                                    6.482.721                61.002         24.016                   -     33.945                      87.257     279.931        746.451
             Receivables
2            Tagihan yang Mengalami Penurunan
             Nilai
             Impaired Receivables
             a.   Belum Jatuh Tempo                       799.384                20.082                  -               -       7.529                     10.613      22.896        217.015
                  Undue
             b.   Telah Jatuh Tempo                       978.956                11.118                  -               -       3.135                      9.786       8.587         69.750
                  Overdue
3            CKPN - Stage 1                                28.025                  408                 15                -           316                     769        1.085            4.959
4            CKPN - Stage 2                               315.887                  765                   -               -           360                     236        1.357         97.930
5            CKPN - Stage 3                               926.507                 7.656                  -               -       1.795                      5.560       5.120         43.471
6            Tagihan yang Dihapus Buku                    154.844                     -                  -               -       1.211                          -           -            1.407
             Write-off



                                                                                 Pedoman Pengisian

(1)       "Tagihan" adalah nilai aset keuangan yang tercatat dalam laporan posisi keuangan serta TRA sebelum dikurangi CKPN (gross).


(2)       "Tagihan yang Mengalami Penurunan Nilai" adalah tagihan yang teridentifikasi mengalami penurunan nilai, yaitu berada pada stage 2 (aset kurang baik) dan stage 3
          (aset tidak baik). Definisi dan perhitungan "CKPN", "stage 1", "stage 2", dan "stage 3" sesuai dengan standar akuntansi keuangan tentang instrumen keuangan.
(3)       Penentuan wilayah dilakukan berdasarkan lokasi proyek dari debitur. Pembagian wilayah dilakukan berdasarkan kebijakan masing-masing Bank, sesuai laporan
          manajemen. Pembagian wilayah ditetapkan paling sedikit 3 (tiga) wilayah. Bank harus mengungkapkan dalam laporan, rincian dari masing-masing wilayah.
(4)       "Tagihan yang telah Jatuh Tempo" mengacu pada kategori portofolio tagihan yang telah jatuh tempo sebagaimana Lampiran A Surat Edaran Otoritas Jasa Keuangan
          ini, sedangkan "Tagihan yang Belum Jatuh Tempo" merupakan segala bentuk tagihan yang tidak termasuk dalam Tagihan yang Telah Jatuh Tempo.
(5)       "Tagihan yang Dihapus Buku" merupakan tagihan yang telah dihapus buku selama periode berjalan.

(6)       Tabel "Bank secara Konsolidasi dengan Entitas Anak" diisi apabila Bank memiliki entitas anak yang termasuk dalam cakupan konsolidasi sesuai ketentuan kehati-hatian.
          Sementara itu, apabila Bank tidak memiliki entitas anak, Bank hanya mengungkapkan tabel "Bank secara Individu".




260 PT Bank Raya Indonesia Tbk
Page 261
                        Analisis dan Pembahasan Manajemen                        Tata Kelola Perusahaan                          Laporan Keberlanjutan                    Laporan Keuangan Audit
                        Management Discussion and Analysis                       Good Corporate Governance                       Sustainability Report                    Audited Financial Report




                                                                                            Posisi Tanggal Laporan Tahun Sebelumnya
                                                                                                Position of Previous Reporting Date

                                                                                                                Wilayah
                                                                                                                 Area

                                                                                                                       Jawa Tengah &
                                                                                        Indonesia        Jawa
                                                                                                                            DIY               Jawa
Lainnya                                           Kalimantan &        Bali & Nusa         Timur          Barat                                                              Lainnya
                Total              Jakarta                                                                             Central Java &        Timur         Sumatera                          Total
 Others                                             Sulawesi           Tenggara            East          West                                                                Others
                                                                                                                       Special Region       East Java
                                                                                        Indonesia        Java
                                                                                                                       of Yogyakarta

  k                 l                 m                  n                  o                p              q                r                   s              t               u              v
          -   7.715.323                                                                                                                                                                              0


                           -                 0                  0                0                0             0                    0               0              0                 0              0



          -   1.077.517                                                                                                                                                                              0


          -   1.081.332                                                                                                                                                                              0


          -         35.577                                                                                                                                                                           0
          -     416.534                                                                                                                                                                              0
          -     990.108                                                                                                                                                                              0
          -     157.463                                                                                                                                                                              0




                                                                                                  Filling Guidelines

              (1)       “Receivables/receivables” are the value of financial assets recorded in the statement of financial position and income statement before deducting allowance for
                        impairment losses (gross).
              (2)       “Impaired Receivables” are receivables that are identified as impaired, i.e. in stage 2 (poor assets) and stage 3 (bad assets). The definitions and calculations of ‘Allowance
                        for Impairment Losses’, ‘stage 1’, ‘stage 2’, and ‘stage 3’ are in accordance with financial accounting standards on financial instruments.
              (3)       The determination of the area is based on the location of the debtor's project. The division of the area is based on the policy of each Bank, according to the management
                        report. The division of the area is set at least 3 (three) areas. The Bank must disclose in the report the details of each area.
              (4)       “Overdue Receivables” refers to the category of the portfolio of receivables that are past due as stated in Annex A of this Financial Services Authority Circular Letter, while
                        ‘Undue Receivables’ are all forms of receivables that are not included in Overdue Receivables.
              (5)       “Write-off” are receivables/receivables that have been written off during the current period.

              (6)       The table “Bank in Consolidation with Subsidiaries” is filled in if the Bank has subsidiaries that are included in the scope of consolidation in accordance with prudential
                        provisions. Meanwhile, if the Bank does not have subsidiaries, the Bank only discloses the “Bank individually” table.




                                                                                                                          Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                                        Annual Report & Sustainability Report   2025 261
Page 262
          Ikhtisar Kinerja                                  Laporan Manajemen                           Profil Perusahaan                           Tinjauan Pendukung Bisnis
          Performance Highlights                            Management Report                           Company Profile                             Overview of Business Support Units




Pengungkapan Tagihan dan Pencadangan Berdasarkan Sektor Ekonomi
Disclosure of Receivables and Provisioning based on Area

                                                                                                                                                 (dalam jutaan rupiah)/(in million rupiah)

                                                                                              Tagihan yang Mengalami
                                                                                                  Penurunan Nilai                 CKPN              CKPN             CKPN        Tagihan
                                                                                                Impaired Receivables         Allowance for     Allowance for    Allowance for     yang
                               Sektor Ekonomi                               Tagihan
No.                                                                                                                           Impairment        Impairment       Impairment      Dihapus
                               Economic Sector                             Receivables
                                                                                                                                  Losses            Losses           Losses       Buku
                                                                                             Belum Jatuh     Telah Jatuh
                                                                                                                                 Stage 1           Stage 2          Stage 3      Write-off
                                                                                               Tempo           Tempo
                                                                                                Undue         Overdue

    a                                  b                                       c                 d               e                 f                g                h               i

        Posisi Tanggal Laporan | Reporting Date

1       Pertanian, Kehutanan dan Perikanan                                    2.530.716          452.590         712.420               9.280        201.847          703.037             4.540
        Agriculture, Forestry, and Fishery
2       Pertambangan dan Penggalian                                                4.746                 -           4.341                4                 -            3.252               -
        Mining and Quarrying
3       Industri Pengolahan                                                    670.938            23.361          19.234               3.647             904          12.586             2.324
        Manufacturing
4       Pengadaan Listrik, Gas, Uap/Air Panas dan Udara Dingin                     5.173                 -           5.173                 -                -            5.173               -
        Procurement of Electricity, Gas, Steam/Hot Water and Cold Air
5       Pengelolaan Air, Pengelolaan Air Limbah, Pengelolaan dan                    666               197             467                 0                3              301                -
        Daur Ulang Sampah, dan Aktivitas Remediasi
        Water Management, Wastewater Management, Waste
        Management and Recycling, and Remediation Activities
6       Konstruksi                                                            1.043.199          413.945         109.785               3.476        196.952          105.237                 -
        Construction
7       Perdagangan Besaar dan Ecaran; reparasi dan Perawatan                  610.527            56.858         102.365               2.838            2.924         66.330             3.813
        Mobil dan Sepeda Motor
        Wholesale and Retail Trade; repair and Maintenance of
        Automobiles and Motorcycles
8       Pengangkutan dan Pergudangan                                               5.177             2.344           1.043               29              102              692             711
        Transportation and Warehousing
9       Penyediaan Akomodasi dan Penyediaan Makan Minum                         28.619               9.828           4.003               56              240             2.509               -
        Accommodation and Food and Beverage Provision
10      Informasi dan Komunikasi                                                20.819                   -               -              282                 -                -               -
        Information and Communication
11      Aktivitas Keuangan dan Asuransi                                       1.130.623           11.712          15.709                240              791          11.858             9.505
        Financial and Insurance Activities
12      Real Estat                                                              28.833               1.325           2.318               27              177             1.360               -
        Real Estate
13      Aktivitas Profesional, Ilmiah dan Teknis                               183.108               2.513           3.997              122               65             2.350               -
        Professional, Scientific and Technical Activities
14      Aktivitas Penyewaan dan Sewa Guna Usaha Tanpa Hak Opsi,                 27.061               8.956            824               239              388              462                -
        Ketenagakerjaan, Agen Perjalanan dan Penunjang Usaha Lainnya
        Rental and Leasing Activities without Option Rights, Employment,
        Travel Agencies and Other Supporting Businesses
15      Administrasi Pemerintah, Pertahanan dan Jaminan Sosial Wajib                     -               -               -                 -                -                -               -
        Government Administration, Defense and Compulsory Social
        Security
16      Pendidikan                                                                  404                  -            404                  -                -             404                -
        Education
17      Aktivitas Kesehatan Manusia dan Aktivitas Sosial                        10.721               1.197           4.145               28               21             2.426               -
        Human Health and Social Activities
18      Kesenian, Hiburan dan Rekreasi                                             3.332             2.388            938                 0               46              551                -
        Arts, Entertainment and Recreation
19      Aktivitas Jasa Lainnya                                                  91.175               7.927        17.644                259              587          10.670                 -
        Other Service Activities
20      Aktivitas Rumah Tangga sebagai Pemberi Kerja; Aktivitas yang               2.544             1.899            178                 9              140              100                -
        Menghasilkan Barang dan Jasa oleh Rumah Tangga yang
        Digunakan untuk Memenuhi Kebutuhan Sendiri
        Activities of Households as Employers; Activities that Produce
        Goods and Services by Households Used to Meet Their Own Needs




262 PT Bank Raya Indonesia Tbk
Page 263
         Analisis dan Pembahasan Manajemen                        Tata Kelola Perusahaan                           Laporan Keberlanjutan                        Laporan Keuangan Audit
         Management Discussion and Analysis                       Good Corporate Governance                        Sustainability Report                        Audited Financial Report




                                                                                                                                                  (dalam jutaan rupiah)/(in million rupiah)

                                                                                              Tagihan yang Mengalami
                                                                                                  Penurunan Nilai                  CKPN              CKPN            CKPN        Tagihan
                                                                                                Impaired Receivables          Allowance for     Allowance for   Allowance for     yang
                               Sektor Ekonomi                               Tagihan
No.                                                                                                                            Impairment        Impairment      Impairment      Dihapus
                               Economic Sector                             Receivables
                                                                                                                                   Losses            Losses          Losses       Buku
                                                                                             Belum Jatuh      Telah Jatuh
                                                                                                                                  Stage 1           Stage 2         Stage 3      Write-off
                                                                                               Tempo            Tempo
                                                                                                Undue          Overdue

    a                                  b                                       c                 d                e                 f                g               h               i
21      Aktivitas Badan Internasional dan Badan Ekstra Internasional                     -               -                -                 -               -                -               -
        Lainnya
        Activities of International and Other Extra-International Bodies
22      Rumah Tangga                                                          1.156.277           75.673           67.845           13.136            10.388          54.241       136.569
        Household
23      Bukan Lapangan Usaha Lainnya                                           159.938               4.074            8.498             1.905            940             6.567               -
        Other Non-Business Fields
24      Lainnya                                                               6.597.365               729                 -                 -             20                 -               -
        Others
        Total                                                               14.311.960         1.077.517        1.081.332           35.577           416.534         990.108       157.463



                                                                                                                                                  (dalam jutaan rupiah)/(in million rupiah)

                                                                                              Tagihan yang Mengalami
                                                                                                  Penurunan Nilai                  CKPN              CKPN            CKPN        Tagihan
                                                                                                Impaired Receivables          Allowance for     Allowance for   Allowance for     yang
                               Sektor Ekonomi                               Tagihan
No.                                                                                                                            Impairment        Impairment      Impairment      Dihapus
                               Economic Sector                             Receivables
                                                                                             Belum Jatuh      Telah Jatuh          Losses            Losses          Losses       Buku
                                                                                               Tempo            Tempo             Stage 1           Stage 2         Stage 3      Write-off
                                                                                                Undue          Overdue

    a                                  b                                       c                 d                e                 f                g               h               i

        Posisi Tanggal Laporan | Reporting Date

1       Pertanian, Kehutanan dan Perikanan
        Agriculture, Forestry, and Fishery
2       Pertambangan dan Penggalian
        Mining and Quarrying
3       Industri Pengolahan
        Manufacturing
4       Pengadaan Listrik, Gas, Uap/Air Panas dan Udara Dingin
        Procurement of Electricity, Gas, Steam/Hot Water and Cold Air
5       Pengelolaan Air, Pengelolaan Air Limbah, Pengelolaan dan
        Daur Ulang Sampah, dan Aktivitas Remediasi
        Water Management, Wastewater Management, Waste
        Management and Recycling, and Remediation Activities
6       Konstruksi
        Construction
7       Perdagangan Besar dan Eceran; Reparasi dan Perawatan
        Mobil dan Sepeda Motor
        Wholesale and Retail Trade; Repair and Maintenance of
        Automobiles and Motorcycles
8       Pengangkutan dan Pergudangan
        Transportation and Warehousing
9       Penyediaan Akomodasi dan Penyediaan Makan Minum
        Accommodation and Food and Beverage Provision
10      Informasi dan Komunikasi
        Information and Communication
11      Aktivitas Keuangan dan Asuransi
        Financial and Insurance Activities
12      Real Estat
        Real Estate




                                                                                                             Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                         Annual Report & Sustainability Report        2025 263
Page 264
        Ikhtisar Kinerja                                  Laporan Manajemen                                Profil Perusahaan                      Tinjauan Pendukung Bisnis
        Performance Highlights                            Management Report                                Company Profile                        Overview of Business Support Units




                                                                                                                                                (dalam jutaan rupiah)/(in million rupiah)

                                                                                                Tagihan yang Mengalami
                                                                                                    Penurunan Nilai              CKPN            CKPN            CKPN           Tagihan
                                                                                                  Impaired Receivables      Allowance for   Allowance for   Allowance for        yang
                             Sektor Ekonomi                                   Tagihan
No.                                                                                                                          Impairment      Impairment      Impairment         Dihapus
                             Economic Sector                                 Receivables
                                                                                            Belum Jatuh       Telah Jatuh        Losses          Losses          Losses          Buku
                                                                                              Tempo             Tempo           Stage 1         Stage 2         Stage 3         Write-off
                                                                                               Undue           Overdue

 a                                   b                                           c                 d               e              f                g              h                 i
13    Aktivitas Profesional, Ilmiah dan Teknis
      Professional, Scientific and Technical Activities
14    Aktivitas Penyewaan dan Sewa Guna Usaha Tanpa Hak Opsi,
      Ketenagakerjaan, Agen Perjalanan dan Penunjang Usaha
      Lainnya
      Rental and Leasing Activities without Option Rights, Employment,
      Travel Agencies and Other Supporting Businesses

15    Administrasi Pemerintah, Pertahanan dan Jaminan Sosial Wajib
      Government Administration, Defense and Compulsory Social
      Security
16    Pendidikan
      Education
17    Aktivitas Kesehatan Manusia dan Aktivitas Sosial
      Human Health and Social Activities
18    Kesenian, Hiburan dan Rekreasi
      Arts, Entertainment and Recreation
19    Aktivitas Jasa Lainnya
      Other Service Activities
20    Aktivitas Rumah Tangga sebagai Pemberi Kerja; Aktivitas yang
      Menghasilkan Barang dan Jasa oleh Rumah Tangga yang
      Digunakan untuk Memenuhi Kebutuhan Sendiri
      Activities of Households as Employers; Activities that Produce
      Goods and Services by Households Used to Meet Their Own Needs

21    Aktivitas Badan Internasional dan Badan Ekstra Internasional
      Lainnya
      Activities of International and Other Extra-International Bodies
22    Rumah Tangga
      Household
23    Bukan Lapangan Usaha Lainnya
      Other Non-Business Fields
24    Lainnya
      Others
      Total                                                              0                  0                0              0               0               0               0




                                                                                     Pedoman Pengisian
                                                                                      Filling Guidelines

(1)   "Tagihan" adalah nilai aset keuangan yang tercatat dalam laporan posisi keuangan serta TRA sebelum dikurangi CKPN (gross).
      “Receivables” are the value of financial assets recorded in the statement of financial position and income statement before deducting allowance for impairment losses
      (gross).
(2)   "Tagihan yang Mengalami Penurunan Nilai" adalah tagihan yang teridentifikasi mengalami penurunan nilai, yaitu berada pada stage 2 (aset kurang baik) dan stage 3
      (aset tidak baik). Definisi dan perhitungan "CKPN stage 1, stage 2, stage 3" sesuai dengan standar akuntasi keuangan tentang instrumen keuangan.

      “Impaired Receivables” are receivables that are identified as impaired, i.e. in stage 2 (poor assets) and stage 3 (bad assets). The definition and calculation of ‘Allowance
      for Impairment Losses (CKPN) stage 1, stage 2, stage 3’ is in accordance with financial accounting standards on financial instruments.
(3)   Rincian sektor ekonomi mengacu pada daftar kode sektor ekonomi sebagaimana diatur dalam ketentuan peraturan perundang-undangan mengenai laporan bank
      umum terintegrasi, dengan tambahan sektor Lainnya untuk sektor ekonomi dari tagihan bersih yang tidak dapat digolongkan dalam salah satu sektor yang ada.

      The breakdown of the economic sector refers to the list of economic sector codes as stipulated in the provisions of legislation regarding integrated commercial bank reports,
      with the addition of other sectors for the economic sector of net receivables that cannot be classified in one of the existing sectors.
(4)   "Tagihan yang Telah Jatuh Tempo" sesuai keategori portofolio tagihan yang telah jatuh tempo sebagiaman Lampiran A Surat Edaran Otoritas Jasa Keuangan ini, sedangkan
      "Tagihan yagn Belum Jatuh Tempo" merupakan segala bentuk tagihan yang tidak termasuk dalam Tagihan yang Telah Jatuh Tempo.

      “Overdue Receivables” refers to the category of past due receivables portfolio as described in Annex A of this Financial Services Authority Circular Letter, while ‘Undue
      Receivables’ refers to all forms of receivables that are not included in Overdue Receivables.
(5)   "Tagihan yang Dihapus Buku" merupakan tagihan yang telah dihapus buku selama periode berjalan.
      “Write-off” are receivables/receivables that have been written off during the current period.
(6)   Tabel "Bank secara Konsolidasi dengan Entitas Anak" diisi apabila Bank memiliki entitas anak yang termasuk dalam cakupan konsolidasi sesuai ketentuan kehati-hatian.
      Sementara itu, apabila Bank tidak memiliki entitas anak, Bank hanya mengungkapkan tabel "Bank secara Individu".

      The table “Bank in Consolidation with Subsidiaries” is filled in if the Bank has subsidiaries that are included in the scope of consolidation in accordance with prudential
      provisions. Meanwhile, if the Bank does not have subsidiaries, the Bank only discloses the “Bank individually” table.




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         Management Discussion and Analysis                       Good Corporate Governance                      Sustainability Report                         Audited Financial Report




Pengungkapan Tagihan Berdasarkan Hari Tunggakan
Disclosure of Receivables by Due Date

                                                                                                                                                (dalam jutaan rupiah)/(in million rupiah)

                                                                                Posisi Tanggal Laporan                               Posisi Tanggal Laporan Tahun Sebelumnya
                                                                                    Reporting Date                                       Position of Previous Reporting Date

                                                                         Tagihan Berdasarkan Hari Tunggakan                             Tagihan Berdasarkan Hari Tunggakan
                                                                               Receivables by Due Date                                        Receivables by Due Date
                           Jenis Eksposur
 No.
                          Type of Exposure
                                                               > 90 hari s.d.    > 120 hari                                   > 90 hari s.d.    > 120 hari
                                                                 120 hari       s.d. 180 hari                                   120 hari       s.d. 180 hari
                                                                                                > 180 hari                                                      > 180 hari
                                                                   > 90             > 120                       Total             > 90             > 120                        Total
                                                                                                > 180 days                                                      > 180 days
                                                                days-120          days-180                                     days-120          days-180
                                                                   days              days                                         days              days

     a                            b                                  c               d              e             f                 g               h                i            j
 1       Kredit yang termasuk dalam Tagihan yang Telah              195.287         110.693       775.352      1.081.332                                                                0
         Jatuh Tempo
         Loans included in overdue receivables
 2       Surat Berharga yang termasuk dalam Tagihan yang                    -               -            -                -                                                             0
         Telah Jatuh Tempo
         Securities included in overdue receivables
         TOTAL                                                      195.287         110.693       775.352      1.081.332                  0                0             0              0



                                                                                  Pedoman Pengisian
                                                                                   Filling Guidelines

 (1)     "Tagihan" adalah nilai Kredit dan Surat Berharga yang tercatat dalam laporan posisi keuangan sebelum dikurangi CKPN (gross). Bank dapat menambahkan pengungkapan
         eksposur Risiko Kredit lainnya pada baris tersendiri apabila dinilai perlu.

         “Receivables” are the value of Credits and Securities recorded in the statement of financial position before deducting allowance for impairment losses (gross). Banks may
         add other Credit Risk exposure disclosures on a separate line if deemed necessary.
 (2)     "Tagihan yang Telah Jatuh Tempo" mengacu pada kategori portofolio tagihan yang telah jatuh tempo sebagaimana Lampiran A Surat Edaran Otoritas Jasa Keuangan
         ini.

         “Overdue Receivables” refers to the category of past due receivables portfolio as in Annex A of this Financial Services Authority Circular Letter.
 (3)     Tabel "Bank secara Konsolidasi dengan Entitas Anak" diisi apabila Bank memiliki entitas anak yang termasuk dalam cakupan konsolidasi sesuai ketentuan kehati-hatian.
         Sementara itu, apabila Bank tidak memiliki entitas anak, Bank hanya mengungkapkan tabel "Bank secara Individu".

         The table “Bank in Consolidation with Subsidiaries” is filled in if the Bank has subsidiaries that are included in the scope of consolidation in accordance with prudential
         provisions. Meanwhile, if the Bank does not have subsidiaries, the Bank only discloses the “Bank individually” table.



Pengungkapan Tambahan terkait Perlakuan terhadap Aset Bermasalah
Additional Disclosures regarding Treatment of Non-Performing Assets

Kualitatif
Format laporan tidak diatur. Bank harus menjelaskan terkait:
(1) Definisi Bank terkait aset non-performing, termasuk batasan untuk mengkategorikan suatu eksposur menjadi Tagihan yang Telah Jatuh Tempo,
    kriteria untuk dapat dikeluarkan dari kategori aset non-performing, serta informasi lainnya yang dapat membantu pemahaman pembaca atas
    pengkategorian aset performing (aset dengan kualitas lancar dan dalam perhatian khusus) dan non-performing (aset dengan kualitas kurang lancar,
    diragukan, dan macet) sesuai dengan Peraturan Otoritas Jasa Keuangan mengenai penilaian kualitas aset bank umum. Selain itu, Bank juga
    menjelaskan perbedaan atau pertimbangan dalam mengkategorikan kredit korporasi dan kredit ritel.
(2) Definisi Bank terkait aset yang direstrukturisasi. Bank memberikan penjelasan terkait pendefinisian aset yang direstrukturisasi termasuk kriteria untuk
    dapat dikeluarkan dari kategori aset yang direstrukturisasi (jika relevan), serta informasi yang dapat membantu pemahaman pembaca atas
    pengkategorian aset restrukturisasi. Selain itu, Bank juga menjelaskan perbedaan atau pertimbangan dalam mengkategorikan kredit korporasi dan
    kredit ritel.

Qualitative
The report format is not regulated. Banks must explain the following:
(1) Bank definitions related to non-performing assets, including the limitations for categorizing an exposure as Overdue Receivables, the criteria for being
    able to be removed from the non-performing asset category, and other information that can help the reader's understanding of the categorization
    of performing assets (assets with current quality and in special attention) and non-performing assets (assets with substandard, doubtful, and bad
    quality) in accordance with the Financial Services Authority Regulation regarding the assessment of the quality of commercial bank assets. In addition,
    the Bank also explains the differences or considerations in categorizing corporate and retail loans.
(2) Bank's definition of restructured assets. The Bank provides an explanation of the definition of restructured assets, including the criteria for being able
    to be excluded from the category of restructured assets (if relevant), as well as information that can help the reader understand the categorization of
    restructured assets. In addition, the Bank also explains the differences or considerations in categorizing corporate loans and retail loans.




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           Performance Highlights                          Management Report                               Company Profile                           Overview of Business Support Units




Pengungkapan Aset Performing dan Non Performing
Disclosure of Performing and Non-Performing Assets

                                                                                                                                                (dalam jutaan rupiah)/(in million rupiah)

                                                                                                                                  Non Performing
                                                                                                                                (Kualitas KL, D, M)
                                                                                                                (Substandard (KL), doubtful (D), and bad (M) quality)
                                                                   Performing
                                                              (Kualitas L dan DPK)
                                                                                                                                    Tagihan yang Tidak Mengalami Penurunan Nilai
                                                                   Performing
                                                                                                                                              Unimpaired Receivables
                                                         (Current (L) and Under Special     Tagihan yang Mengalami
                                                            Attention (DPK) Quality)            Penurunan Nilai
                                                                                                                            Memiliki Tunggakan > 90
                                                                                              Impaired Receivables                                          Memiliki Tunggakan < 90 Hari
                         Uraian                                                                                                        Hari
                                                                                                                                                             Having Arrears of < 90 Days
                       Description                                                                                         Having Arrears of > 90 Days

                                                                                              Nilai
                                                                                                                           Nilai Tercatat
                                                         Nilai Tercatat     CKPN            Tercatat           CKPN                           CKPN      Nilai Tercatat          CKPN
                                                                                                                               Bruto
                                                             Bruto      Allowance for        Bruto         Allowance for                  Allowance for     Bruto           Allowance for
                                                                                                                               Gross
                                                         Gross Carrying impairment           Gross          impairment                     impairment Gross Carrying         impairment
                                                                                                                              Carrying
                                                             Value          losses          Carrying           losses                         losses        Value               losses
                                                                                                                               Value
                                                                                             Value

                                                                a               b               c               d               e                f               g                h
1     Surat Berharga                                         5.068.330               282
      Securities
2     Kredit                                                 6.633.992          454.782      1.081.332          987.438                 -               -               -                 -
      Credit
      a.     Menengah                                        3.133.872          381.288        660.874          660.874                 -               -               -                 -
             Middle
      b.     Ritel                                           1.153.521           41.738        300.041          240.317                 -               -               -                 -
             Retail
      c.     Konsumer                                        1.239.871           26.369          76.343          60.808
             Concumer

      d.     Mikro                                           1.106.728              5.387        44.072          25.439                 -               -               -                 -
             Micro
3     Transaksi Rekening Administratif                         115.673                  -              -               -
      Administrative Account Transactions



                                                                                    Pedoman Pengisian
                                                                                     Filling Guidelines

(1)    "Nilai Tercatat Bruto" termasuk eksposur yang menimbulkan Risiko Kredit pada Bank dalam laporan posisi keuangan dan TRA. "Nilai Tercatat Bruto" merupakan nilai tercatat
       pada laporan keuangan sebelum memperhitungkan CKPN namun telah memperhitungkan hapus buku, tanpa mempertimbangkan FKK dan teknik MRK.

       “Gross Carrying Value” includes exposures that pose Credit Risk to the Bank in the statement of financial position and TRA. ‘Gross Carrying Value’ is the carrying value in
       the financial statements before considering allowance for impairment losses but has considered write-offs, without considering FKK and MRK techniques.
(2)    Bank dapat menambahkan pengungkapan eksposur Risiko Kredit lainnya pada baris tersendiri apabila dinilai perlu.
       The Bank may add other Credit Risk exposure disclosures on a separate line if deemed necessary.
(3)    Penetapan kualitas L (Lancar), DPK (Dalam Perhatian Khusus), KL (Kurang Lancar), D (Diragukan), dan M (Macet) sesuai dengan Peraturan Otoritas Jasa Keuangan mengenai
       penilaian kualitas aset bank umum.

       The determination of quality L (Current) DPK (Under Special Attention) KL (Substandard) D (Doubtful) and M (Bad) is in accordance with the Financial Services Authority
       Regulation regarding the quality assessment of commercial bank assets.
(4)    Aset Non Performing (Kualitas KL, D, M) dikelompokkan menjadi "Tagihan yang Mengalami Penurunan Nilai" dan "Tagihan yang Tidak Mengalami Penurunan Nilai".
       Non-Performing Assets (KL, D, M Quality) are grouped into “Impaired Receivables” and “Unimpaired Receivables”.
(5)    "Tagihan yang Mengalami Penurunan Nilai" adalah tagihan yang teridentifikasi mengalami penurunan nilai, yaitu berada pada stage 2 (aset kurang baik) dan stage 3
       (aset tidak baik), sedangkan "Tagihan yang Tidak Mengalami Penurunan Nilai" adalah tagihan yang berada di stage 1.

       “Impaired Receivables” are receivables that are identified as impaired, i.e. in stage 2 (poor assets) and stage 3 (bad assets), while ‘Unimpaired Receivables’ are receivables
       in stage 1.
(6)    Definisi dan perhitungan "CKPN", "stage 1", "stage 2", dan "stage 3" sesuai dengan standar akuntansi keuangan tentang instrumen keuangan.

       The definition and calculation of “Allowance for impairment losses”, “stage 1”, “stage 2”, and “stage 3” are in accordance with financial accounting standards on financial
       instruments.
(7)    "Tagihan yang Tidak Mengalami Penurunan Nilai" dibagi menjadi:
       “Unimpaired Receivables” are divided into:
       (a)     Tagihan yang memiliki tunggakan > 90 (sembilan puluh) hari; dan
               Receivables/receivables that are more than 90 (ninety) days overdue; and
       (b)     Tagihan yang memiliki tunggakan ≤ 90 (sembilan puluh) hari namun dinilai tidak mungkin terbayar sepenuhnya tanpa tindak lanjut dari Bank seperti realisasi agunan/
               jaminan.
               Receivables/receivables that are ≤ 90 (ninety) days in arrears but are deemed unlikely to be fully paid without follow-up from the Bank, such as realization of collateral/
               guarantees.
(8)    Tabel "Bank secara Konsolidasi dengan Entitas Anak" diisi apabila Bank memiliki entitas anak yang termasuk dalam cakupan konsolidasi sesuai ketentuan kehati-hatian.
       Sementara itu, apabila Bank tidak memiliki entitas anak, Bank hanya mengungkapkan tabel "Bank secara Individu".

       The table “Bank in Consolidation with Subsidiaries” is filled in if the Bank has subsidiaries that are included in the scope of consolidation in accordance with prudential
       provisions. Meanwhile, if the Bank does not have subsidiaries, the Bank only discloses the “Bank individually” table.



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       Management Discussion and Analysis                      Good Corporate Governance                        Sustainability Report                       Audited Financial Report




Pengungkapan Aset Restrukturisasi Performing dan Non Performing
Disclosure of Performing and Non-Performing Restructuring Assets

                                                                                                                                             (dalam jutaan rupiah)/(in million rupiah)

                                                       Performing               Non Performing
                                                                                                                 Stage 1                     Stage 2                    Stage 3
                                                   (Kualitas L dan DPK)        (Kualitas KL, D, M)

                                                     Nilai                     Nilai                       Nilai                       Nilai                       Nilai
                                                   Tercatat       CKPN       Tercatat      CKPN          Tercatat         CKPN       Tercatat       CKPN         Tercatat     CKPN
                                                    Bruto                     Bruto                       Bruto                       Bruto                       Bruto

                                                       a            b            c            d             e               f            g              h           i              j

1     Surat Berharga                                       -             -           -               -            -              -             -             -           -             -

2     Kredit                                       1.021.283      405.889     961.456      900.051          1.637               28   1.019.646      405.861       961.456    900.051

      a. Menengah                                   754.158       368.465     655.702      655.702                -              -    754.158       368.465       655.702    655.702

      b. Ritel                                      223.410        34.719     271.272      218.442          1.360               25    222.050          34.695     271.272    218.442

      c. Konsumer                                    42.557         2.670      28.194       22.377              277              3     42.280           2.667      28.194         22.377

      d. Mikro                                         1.158            34      6.289         3.530               -              -      1.158               34      6.289          3.530

3     Transaksi Rekening Administratif                 3.932            50           -               -            -              -      3.932               50           -             -



                                                                             Pedoman Pengisian
                                                                              Filling Guidelines

(1)    Pengungkapan pada tabel ini mencakup aset yang direstrukturisasi oleh Bank.
(2)    "Nilai Tercatat Bruto" termasuk eksposur yang menimbulkan Risiko Kredit pada Bank dalam laporan posisi keuangan dan TRA. "Nilai Tercatat Bruto" merupakan nilai
       tercatat pada laporan keuangan sebelum memperhitungkan CKPN namun telah memperhitungkan hapus buku, tanpa mempertimbangkan FKK dan teknik MRK.
(3)    Bank dapat menambahkan pengungkapan eksposur Risiko Kredit lainnya pada baris tersendiri apabila dinilai perlu.
(4)    Penetapan kualitas L (Lancar), DPK (Dalam Perhatian Khusus), KL (Kurang Lancar), D (Diragukan), dan M (Macet) sesuai dengan Peraturan Otoritas Jasa Keuangan
       mengenai penilaian kualitas aset bank umum.
(5)    Definisi dan perhitungan "CKPN", "stage 1", "stage 2", dan "stage 3" sesuai dengan standar akuntansi keuangan tentang instrumen keuangan.
(6)    Tabel "Bank secara Konsolidasi dengan Entitas Anak" diisi apabila Bank memiliki entitas anak yang termasuk dalam cakupan konsolidasi sesuai ketentuan kehati-hatian.
       Sementara itu, apabila Bank tidak memiliki entitas anak, Bank hanya mengungkapkan tabel "Bank secara Individu".




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Pengungkapan Kualitatif terkait Teknik MRK (CRC)
Qualitative Disclosures related to MRK Techniques (CRC)

Format laporan tidak diatur. Bank harus menjelaskan terkait:
a. Fitur utama dari kebijakan dan proses terkait evaluasi dan manajemen agunan; dan
b. Informasi terkait konsentrasi risiko pasar atau Risiko Kredit atas instrumen yang digunakan sebagai teknik MRK, yang mencakup jenis dan pihak
    pemberi agunan, garansi, dan/atau jaminan atau asuransi kredit.

The report format is not regulated. Banks must explain the following:
a. The main features of the policies and processes related to collateral evaluation and management; and
b. Information related to the concentration of market risk or credit risk on instruments used as MRK techniques, which includes the type and party providing
    collateral, guarantees, and/or guarantees or credit insurance.




Pengungkapan Kuantitatif terkait Teknik MRK (CR3)
Quantitative Disclosures related to MRK Techniques (CR3)

                                                                                                                                          (dalam jutaan rupiah)/(in million rupiah)

                                                                                                                                          Tagihan yang
                                                                                                                                         Dijamin dengan
                                                                        Tagihan yang
                                                                                              Tagihan yang          Tagihan yang       Garansi, Penjaminan        Tagihan yang
                                                                         Tidak Dijamin
                                                                                             Dijamin dengan        Dijamin dengan       dan/atau Asuransi        Dijamin dengan
                                                                        dengan Teknik
                                                                                               Teknik MRK               Agunan                Kredit             Derivatif Kredit
                                                                             MRK
                             Uraian                                                            Receivables           Receivables           Receivables             Receivables
                                                                           Unsecured
                           Description                                                       Guaranteed with          Secured by         Guaranteed by          Secured by Credit
                                                                       Receivables with
                                                                                             MRK Technique             Collateral      Warranty, Guarantee          Derivatives
                                                                        MRK Technique
                                                                                                                                          and/or Credit
                                                                                                                                            Insurance

                                                                               a                     b                    c                      d                       e

 1       Kredit                                                              708,207             5,564,897           5,736,907
         Credit
 2       Surat Berharga                                                     5,068,330                     -                    -                        -
         Securities
 3       Total                                                              5,776,537            5,564,897           5,736,907                          -
 4       Kredit dan Surat Berharga yang Telah Jatuh Tempo
         Overdue Loans and Securities



                                                                           Pengungkapan Tambahan
                                                                             Additional Disclosures




                                                                               Pedoman Pengisian
                                                                                Filling Guidelines

 (1)   Pada tabel ini, Bank mengisi tagihan dengan menggunakan Nilai Bersih yaitu Nilai Tercatat Bruto dikurangi dengan CKPN. Definisi dan perhitungan CKPN sesuai dengan
       standar akuntansi keuangan mengenai instrumen keuangan (CKPN stage 1, stage 2, dan stage 3).

       In this table, the Bank fills in the receivables using the Net Value, which is the Gross Carrying Value minus the Allowance for Impairment Losses. The definition and
       calculation of Allowance for Impairment Losses is in accordance with financial accounting standards regarding financial instruments (stage 1, stage 2, and stage 3
       Allowance for Impairment Losses).
       Jumlah kolom a dan kolom b pada tabel ini harus sama dengan jumlah kolom g ("Nilai Bersih") pada tabel CR1.
       The number of columns a and b in this table must be the same as the number of columns g (“Net Worth”) in the CR1 table.
 (2)   "Tagihan yang Tidak Dijamin dengan Teknik MRK" merupakan tagihan yang tidak menggunakan teknik MRK sebagaimana Lampiran A Surat Edaran Otoritas Jasa
       Keuangan ini.

       “Unsecured Receivables with MRK Technique” are receivables that do not use the MRK technique as in Annex A of this Financial Services Authority Circular Letter.
 (3)   "Tagihan yang Dijamin dengan Teknik MRK" merupakan tagihan yang paling sedikit dijamin oleh 1 (satu) teknik MRK sebagaimana Lampiran A Surat Edaran Otoritas
       Jasa Keuangan ini.

       “Receivables Guaranteed by MRK Technique” are receivables that are guaranteed by at least 1 (one) MRK technique as in Annex A of this Financial Services Authority
       Circular Letter.
 (4)   "Tagihan yang Dijamin dengan Agunan" merupakan bagian dari tagihan yang dijamin dengan agunan setelah memperhitungkan bagian yang dijamin oleh teknik
       MRK lain dengan bobot risiko yang lebih rendah.

       “Collateralized Receivables” are a portion of receivables collateralized after taking account of the portion collateralized by other CRM techniques with a lower risk weight.




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       Management Discussion and Analysis                        Good Corporate Governance                       Sustainability Report                    Audited Financial Report




                                                                                Pedoman Pengisian
                                                                                 Filling Guidelines

 (5)   "Tagihan yang Dijamin dengan Garansi, Penjaminan dan/atau Asuransi Kredit" merupakan bagian dari tagihan yang dijamin dengan garansi, penjaminan dan/atau
       asuransi kredit setelah memperhitungkan bagian yang dijamin oleh teknik MRK lain dengan bobot risiko yang lebih rendah.

       “Receivables Secured by Warranty, Guarantee and/or Credit Insurance” is part of the receivables secured by warranty, guarantee and/or credit insurance after taking into
       account the portion secured by other MRK techniques with a lower risk weight.
 (6)   Dalam hal tagihan dijamin oleh beberapa jenis teknik MRK dengan bobot risiko yang berbeda dan nilai total perlindungan agunan lebih tinggi dari nilai tercatat tagihan
       maka pengakuan teknik MRK diprioritaskan menggunakan jenis teknik MRK dengan bobot risiko dari yang terendah.

       In the event that the receivables are secured by several types of MRK techniques with different risk weights and the total value of collateral protection is higher than the
       carrying amount of the receivables, the recognition of the MRK technique is prioritized using the type of MRK technique with the lowest risk weight.
       Jumlah kolom c dan kolom d tidak boleh melebihi nilai pada kolom b (tidak mengakui adanya overcollateralization).
       The sum of columns c and d must not exceed the value in column b (does not recognize overcollateralization).
       Contoh / Example:

       (a)   Total Nilai Bersih kredit Bank adalah 100. Tagihan yang tidak dijamin dengan teknik MRK sebesar 20 sementara tagihan sebesar 80 memiliki jaminan berupa
             agunan dan asuransi kredit. Adapun nilai MRK Agunan sebesar 50 (setelah memperhitungkan haircut), dan nilai MRK Asuransi Kredit sebesar 20 (setelah
             memperhitungkan haircut). Dengan demikian, Bank mengisi tabel ini sebagai berikut:

             The total net value of the Bank's loans is 100. Receivables not secured by the MRK technique amount to 20, while receivables amounting to 80 are secured by
             collateral and credit insurance. The MRK Collateral value is 50 (after considering the haircut), and the MRK Credit Insurance value is 20 (after considering the haircut).
             Thus, the Bank fills in this table as follows:
             -    Kolom a diisi dengan 20
                  Column a is filled with 20
             -    Kolom b diisi dengan 80
                  Column b is filled with 80
             -    Kolom c diisi dengan 50
                  Column c is filled with 50
             -    Kolom d diisi dengan 20
                  Column d is filled with 20
       (b)   Total Nilai Bersih kredit Bank adalah 100. Tagihan yang tidak dijamin dengan teknik MRK sebesar 20 sementara tagihan sebesar 80 memiliki jaminan berupa agunan
             dan asuransi kredit. Adapun nilai MRK Agunan sebesar 70 (setelah memperhitungkan haircut), dan nilai MRK Asuransi Kredit sebesar 30 (setelah memperhitungkan
             haircut). Bobot risiko MRK Agunan yang dimiliki Bank lebih rendah dari MRK Asuransi Kredit. Dengan demikian, Bank mengisi tabel ini sebagai berikut:

             The total net value of the Bank's loans is 100. Receivables not secured by MRK techniques amount to 20, while receivables amounting to 80 are secured by collateral
             and credit insurance. The collateral MRK value is 70 (after considering the haircut), and the credit insurance MRK value is 30 (after taking into account the haircut).
             The risk weight of the Bank's Collateral MRK is lower than that of Credit Insurance MRK. Thus, the Bank fills in this table as follows:
             -    Kolom a diisi dengan 20
                  Column a is filled with 20
             -    Kolom b diisi dengan 80
                  Column b is filled with 80
             -    Kolom c diisi dengan 70
                  Column c is filled with 70
             -    Kolom d diisi dengan 10
                  Column d is filled with 10
 (7)   "Tagihan yang Telah Jatuh Tempo" mengacu pada kategori portofolio tagihan yang telah jatuh tempo sebagaimana Lampiran A Surat Edaran Otoritas Jasa Keuangan
       ini.

       “Overdue Receivables” refers to the category of past due receivables portfolio as in Annex A of this Financial Services Authority Circular Letter.
 (8)   Tabel "Bank secara Konsolidasi dengan Entitas Anak" diisi apabila Bank memiliki entitas anak yang termasuk dalam cakupan konsolidasi sesuai ketentuan kehati-hatian.
       Sementara itu, apabila Bank tidak memiliki entitas anak, Bank hanya mengungkapkan tabel "Bank secara Individu".

       The table “Bank in Consolidation with Subsidiaries” is filled in if the Bank has subsidiaries that are included in the scope of consolidation in accordance with prudential
       provisions. Meanwhile, if the Bank does not have subsidiaries, the Bank only discloses the “Bank individually” table.
 (9)   "Pengungkapan Tambahan" diisi dengan penjelasan mengenai perubahan signifikan (jika ada) dari periode pelaporan sebelumnya dan penyebab utama perubahan
       tersebut.

       The “Additional Disclosures” section should be filled in with an explanation of significant changes (if any) from the previous reporting period and the main causes of these
       changes.




Pengungkapan Penggunaan Peringkat Kredit Eksternal (CRD)
Disclosure of External Credit Rating Use (CRD)

Format laporan tidak diatur. Bank harus menjelaskan terkait:
a. Lembaga pemeringkat yang digunakan dan alasan apabila terdapat perubahan selama periode laporan;
b. Kategori portofolio yang menggunakan peringkat; dan
c. Deskripsi proses yang digunakan untuk mentransfer peringkat pihak lawan ke peringkat surat berharga ke dalam aset yang sebanding dalam banking
    book, jika ada.

The report format is not regulated. Banks must explain the following:
a. Rating agency used and reasons for any changes during the reporting period;
b. Portfolio categories that use ratings; and
c. Description of the process used to transfer the counterparty rating to the securities rating into comparable assets in the banking book, if any.




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       Performance Highlights                            Management Report                          Company Profile                          Overview of Business Support Units




Pengungkapan Eksposur Risiko Kredit dan Dampak Teknik MRK (CR4)
Disclosure of Credit Risk Exposure and Impact of MRK Techniques (CR4)

                                                                                                                                           (dalam jutaan rupiah)/(in million rupiah)

                                                                                          Tagihan Bersih Sebelum      Tagihan Bersih Setelah
                                                                                         Penerapan FKK dan Teknik Penerapan FKK dan Teknik ATMR dan Rata-Rata Bobot
                                                                                                    MRK                        MRK                   Risiko
                                                                                         Net Receivables Before the Net Receivables After the  RWA and Average Risk
                                                                                           Application of FKK and   Application of FKK and MRK       Weight
                                                                                              MRK Technique                  Technique

                                   Kategori Portofolio
                                   Portfolio Category                                     Laporan                          Laporan                                     Rata-Rata
                                                                                            Posisi          TRA              Posisi        TRA              ATMR      Bobot Risiko
                                                                                         Keuangan       Administrative    Keuangan     Administrative        Risk       (e/(c+d))
                                                                                          Financial       Account          Financial     Account          Weighted    Average Risk
                                                                                         Statement      Transactions      Statement    Transactions      Assets (RWA) Weighting (e/
                                                                                           Position                         Position                                      (c+d))

                                                                                              a               b               c              d                e             f
1    Tagihan kepada Pemerintah | Receivables from Government                              5.053.151                   -   5.053.151                  -              -           0,00%

2    Tagihan kepada Entitas Sektor Publik | Receivables from Public Sector Entities         137.115                   -     137.115                  -        27.423        20,00%


3    Tagihan kepada Bank Pembangunan Multilateral dan Lembaga Internasional |                       -                 -            -                 -
     Receivables from Multilateral Development Banks and International Institutions
4    Tagihan kepada Bank | Receivables from Banks                                           631.850                   -     631.850                  -       291.985        46,21%

     Tagihan kepada Perusahaan Efek dan Lembaga Jasa Keuangan Lain1) | Receivables                  -                              -
     from Securities Companies and Other Financial Services Institutions1)
5    Tagihan berupa Covered Bond | Receivables in the form of Covered Bond                          -                              -

6    Tagihan kepada Korporasi - Eksposur Korporasi Umum2) | Receivables from              2.709.505           34.575      2.696.809           13.830       2.162.440        79,78%
     Corporations - General Corporate Exposure 2)

     Tagihan kepada perusahaan efek dan lembaga jasa keuangan lain3) | Receivables
     from Securities Companies and Other Financial Services Institutions 3)
     Eksposur Pembiayaan Khusus4) | Special Financing Exposure4)

7    Tagihan berupa Surat Berharga|Piutang Subordinasi, Ekuitas, dan Instrumen Modal              78                              78                              194      250,00%
     Lainnya | Receivables in the form of Subordinated Securities|Receivables, Equity
     and Other Capital Instruments
8    Tagihan kepada Usaha Mikro, Usaha Kecil, dan Portofolio Ritel | Receivables from     2.513.680           54.711      2.485.467           21.884       1.839.840        73,38%
     Microbusiness, Small Business, and Retail Portfolio
9    Kredit Beragun Properti | Property Collateralized Loans

     Kredit Beragun Rumah Tinggal yang Pembayarannya Tidak Bergantung Secara                218.522           12.514        213.215              5.005       169.390        77,62%
     Material pada Arus Kas Properti | Residential Property Collateralized Loans which
     the Payments Are Not Materially Dependent on Property Cash Flow
     Kredit Beragun Rumah Tinggal yang Pembayarannya Bergantung Secara Material
     pada Arus Kas Properti | Residential Property Collateralized Loans which the
     Payments Are Materially Dependent on Property Cash Flow
     Kredit Beragun Properti Komersial yang Pembayarannya Tidak Bergantung Secara            51.469               1.723      47.605               689         44.594        92,34%
     Material pada Arus Kas Properti | Commercial Property Collateralized Loans which
     the Payments Are Not Materially Dependent on Property Cash Flow
     Kredit Beragun Properti Komersial yang Pembayarannya Bergantung Secara
     Material pada Arus Kas Properti | Commercial Property Collateralized Loans which
     the Payments Are Materially Dependent on Property Cash Flow
     Kredit Pengadaan Tanah, Pengolahan Tanah, dan Konstruksi | Land Acquisition,           295.201           11.928        293.234              4.771       435.024       145,98%
     Land Processing, and Construction Loans
     Kredit Pegawai|Pensiunan | Employee|Retirement Loan                                      1.119                   -        1.056                 -            557       52,71%
10   Tagihan yang Telah Jatuh Tempo | Due Receivables                                       707.129                220      707.127                88      1.154.790       163,29%

11   Aset Lainnya | Other Assets                                                            470.827                         470.827                          470.297        99,89%

12   Total                                                                                12.789.645         115.671      12.737.534          46.268       6.596.533        51,60%

                                                                          Pengungkapan Tambahan
                                                                            Additional Disclosure




                                                                              Pedoman Pengisian
                                                                               Filling Guidelines

1)    Penetapan kategori portofolio dan perhitungan tagihan bersih mengacu pada Lampiran A Surat Edaran Otoritas Jasa Keuangan ini.
      The determination of portfolio categories and the calculation of net receivables refer to Annex A of this Financial Services Authority Circular Letter.




270 PT Bank Raya Indonesia Tbk
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      Management Discussion and Analysis                      Good Corporate Governance                      Sustainability Report                   Audited Financial Report




                                                                             Pedoman Pengisian
                                                                              Filling Guidelines

2)    "Tagihan Bersih Sebelum Penerapan FKK dan Teknik MRK - Laporan Posisi Keuangan" merupakan tagihan bersih atas eksposur pada laporan posisi keuangan sebelum
      memperhitungkan dampak penerapan teknik MRK.

      “Net Receivables Before Application of FKK and MRK Techniques - Statement of Financial Position” is the net receivables for exposure on the financial statement position
      before taking into account the impact of applying MRK techniques.
3)    "Tagihan Bersih Sebelum Penerapan FKK dan Teknik MRK - TRA" merupakan tagihan bersih atas eksposur pada TRA sebelum memperhitungkan FKK dan dampak
      penerapan teknik MRK.

      “Net Receivables Before Application of FKK and MRK - TRA Technique” is the net receivables for exposure to TRA before taking into account FKK and the impact of
      applying MRK techniques.
4)    "Tagihan Bersih Setelah Penerapan FKK dan Teknik MRK" merupakan tagihan bersih setelah memperhitungkan FKK dan dampak penerapan teknik MRK.
      “Net Receivables After FKK and MRK Implementation” is the net receivables after calculating FKK and the impact of implementing MRK techniques.
5)    "ATMR" merupakan hasil perkalian tagihan bersih dengan bobot risiko sebagaimana dimaksud pada Lampiran A Surat Edaran Otoritas Jasa Keuangan ini.
      “ATMR” is the result of multiplying the net receivables with the risk weight as referred to in Annex A of this Financial Services Authority Circular Letter.
6)    "Persentase Rata-Rata Bobot Risiko" merupakan hasil pembagian antara kolom e dengan penjumlahan kolom c dan kolom d, dan disajikan dalam bentuk persentase.
      The “Average Percentage of Risk Weight” is the result of the division between column e and the sum of column c and column d, and is presented as a percentage.
7)    Jumlah total kolom c dan kolom d pada tabel ini harus sama dengan jumlah "Total Tagihan Bersih (Setelah pengenaan FKK dan Teknik MRK)" / pada tabel CR5.
      The total number of columns c and d in this table must be equal to the number of “Total Net Receivables (After the imposition of FKK and MRK Techniques)” in the CR5
      table.
8)    Tabel "Bank secara Konsolidasi dengan Entitas Anak" diisi apabila Bank memiliki entitas anak yang termasuk dalam cakupan konsolidasi sesuai ketentuan kehati-hatian.
      Sementara itu, apabila Bank tidak memiliki entitas anak, Bank hanya mengungkapkan tabel "Bank secara Individu".

      The table “Bank in Consolidation with Subsidiaries” is filled in if the Bank has subsidiaries that are included in the scope of consolidation in accordance with prudential
      provisions. Meanwhile, if the Bank does not have subsidiaries, the Bank only discloses the “Bank individually” table.
9)    "Pengungkapan Tambahan" diisi dengan penjelasan mengenai perubahan signifikan (jika ada) dari periode pelaporan sebelumnya dan penyebab utama perubahan
      tersebut. Selain itu, Bank juga harus menjelaskan terkait urutan pengenaan FKK, CKPN, dan teknik MRK yang digunakan.

      The “Additional Disclosures” section should include an explanation of significant changes (if any) from the previous reporting period and the main causes of these changes.
      In addition, the Bank must also explain the sequence of application of the FKK, CKPN, and MRK techniques used.
10)   Footnotes:
      1)   Merupakan tagihan yang termasuk dalam cakupan kategori portofolio tagihan kepada perusahaan efek dan lembaga jasa keuangan lain sebagaimana Lampiran
           A Surat Edaran Otoritas Jasa Keuangan ini.

           These are receivables that fall under the category of receivables portfolio to securities companies and other financial services institutions as per Annex A of this
           Financial Services Authority Circular Letter.
      2)   Merupakan tagihan yang termasuk dalam cakupan kategori portofolio tagihan kepada korporasi - eksposur korporasi umum sebagaimana Lampiran A Surat
           Edaran Otoritas Jasa Keuangan ini (tidak termasuk angka 3) dan angka 4)).

           These are receivables that fall under the category of corporate receivables portfolio - general corporate exposure as per Annex A of this Financial Services Authority
           Circular Letter (excluding numbers 3) and 4)).
      3)   Merupakan tagihan kepada perusahaan efek dan lembaga jasa keuangan lainnya yang tidak tergolong dalam kategori portofolio sebagaimana angka 1).

           These are receivables to securities companies and other financial services institutions that are not included in the portfolio category as in number 1).
      4)   Merupakan tagihan yang termasuk dalam cakupan kategori tagihan kepada korporasi - eksposur pembiayaan khusus (dengan dan tanpa peringkat) sebagaimana
           Lampiran A Surat Edaran Otoritas Jasa Keuangan ini.

           These are receivables that fall under the category of receivables to corporations - special financing exposures (with and without ratings) as outlined in Annex A of
           this Financial Services Authority Circular Letter.




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        Ikhtisar Kinerja                             Laporan Manajemen                            Profil Perusahaan                         Tinjauan Pendukung Bisnis
        Performance Highlights                       Management Report                            Company Profile                           Overview of Business Support Units




Pengungkapan Eksposur berdasarkan Kelas Aset dan Bobot Risiko (CR5)
Disclosure of Exposure by Asset Class and Risk Weight (CR5)

    Kategori Portofolio                                                                      Lainnya                    Tagihan Bersih Setelah FKK dan Teknik MRK
                                 0%        20%         50%          100%       150%
    Portfolio Category                                                                        Others                   Net Receivables After FKK and MRK Techniques

1   Tagihan kepada             5.053.151                                   0                                                                                            5.053.151
    Pemerintah
    Receivables from
    Government


    Kategori Portofolio                                                        Lainnya                          Tagihan Bersih Setelah FKK dan Teknik MRK
                                20%        50%         100%         150%
    Portfolio Category                                                          Others                         Net Receivables After FKK and MRK Techniques

2   Tagihan kepada Kualtias     137.115          0              0          0             0                                                                                137.115
    Sektor Publik
    Receivables from Public
    Sector Entities


    Kategori Portofolio                                                                                    Lainnya           Tagihan Bersih Setelah FKK dan Teknik MRK
                                 0%        20%          30%         50%         100%          150%
    Portfolio Category                                                                                      Others          Net Receivables After FKK and MRK Techniques

3   Tagihan kepada                                                                                                                                                                -
    Bank Pembangungan
    Multilateral dan Lembaga
    Internasional
    Receivables from
    Multilateral Development
    Banks and International
    Institutions

                                                                                                                                      Tagihan Bersih Setelah FKK dan Teknik MRK
    Kategori Portofolio                                                                                                 Lainnya
                                20%        30%          40%         50%         75%           100%          150%                        Net Receivables After FKK and MRK
    Portfolio Category                                                                                                   Others
                                                                                                                                                      Techniques

4   Tagihan kepada Bank         124,421                             507,429                                                                                               631,850
    Receivables from Banks
    Tagihan kepada
    Perusahaan Efek dan
    Lembaha Jasa Keuangan
    Lain 1)
    Receivables from
    Securities Companies and
    Other Financial Services
    Institutions 1)


                                                                                                                                      Tagihan Bersih Setelah FKK dan Teknik MRK
    Kategori Portofolio                                                                                                 Lainnya
                                10%        15%         20%          25%         35%           50%           100%                        Net Receivables After FKK and MRK
    Portfolio Category                                                                                                   Others
                                                                                                                                                      Techniques

5   Tagihan berupa Covered                                                                                                                                                        -
    Bond
    Receivables from Covered
    Bond


                                                                                                                                                              Tagihan Bersih
                                                                                                                                                             Setelah FKK dan
    Kategori Portofolio                                                                                                                         Lainnya         Teknik MRK
                                20%        50%         65% 5)       75%         80%           85%           100%          130%       150%
    Portfolio Category                                                                                                                           Others    Net Receivables After
                                                                                                                                                               FKK and MRK
                                                                                                                                                                Techniques

6   Tagihan kepada Korporasi     75.315    19.869                      942               -             -   2.613.378                                                    2,710,639
    Umum 2)
    Receivables from General
    Corporations 2)
    Tagihan kepada
    perusahaan efek dan
    lembaga jasa keuangan
    lain 3)
    Receivables from
    Securities Companies and
    Other Financial Services
    Institutions 3)
    Eksposur Pembiayaan
    Khusus 4)
    Specialized Finance
    Exposure 4)




272 PT Bank Raya Indonesia Tbk
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        Analisis dan Pembahasan Manajemen                   Tata Kelola Perusahaan                 Laporan Keberlanjutan                   Laporan Keuangan Audit
        Management Discussion and Analysis                  Good Corporate Governance              Sustainability Report                   Audited Financial Report




     Kategori Portofolio                                                    Lainnya                  Tagihan Bersih Setelah FKK dan Teknik MRK
                                  100%    150%       250%         400% 5)
     Portfolio Category                                                      Others                 Net Receivables After FKK and MRK Techniques

7   Tagihan berupa Surat                                    78                                                                                                      78
    Berharga/Piutang
    Subordinasi. Ekuitas dan
    Instrumen Modal Lainnya
    Receivables in the form
    of Subordinated Securities.
    E     q    u   i   t     y
    and Other Capital
    Instruments


     Kategori Portofolio                                                    Lainnya                  Tagihan Bersih Setelah FKK dan Teknik MRK
                                  45%      75%       85%           100%
     Portfolio Category                                                      Others                 Net Receivables After FKK and MRK Techniques

8   Tagihan kepada Usaha                 2,513,680                                                                                                           2,507,351
    Mikro. Usaha Kecil dan
    Portofolio Ritel
    Receivables from
    Microbusiness. Small
    Business. and Retail
    Portfolio

                                                                                                                                                         Tagihan Bersih
                                                                                                                                                          Setelah FKK
                                                                                                                                                           dan Teknik
                                                                                                                                                              MRK
    Kategori Portofolio                                                                                                                          Lainnya
                              0%5) 20% 25% 30% 35%    40%        45% 50% 60% 65%5) 70%    75%      85%      90% 100% 105% 110%        150%                     Net
    Portfolio Category                                                                                                                            Others
                                                                                                                                                          Receivables
                                                                                                                                                         After FKK and
                                                                                                                                                              MRK
                                                                                                                                                          Techniques

9   Kredit Beragun Properti
    Property Collateralized
    Loans
    Kredit Beragun Properti                                                              158,722   59,800                                                       218.221
    Rumah Tinggal yang
    Pembayarannya Tidak
    Bergantung Secara
    material pada Arus Kas
    Properti
    Residential Property
    Secured Loans Whose
    Payments Do Not
    Materially Depend on
    Property Cash Flow
         tanpa pendekatan                                                                                                                                                -
         pembagian kredit
         5)
         without a credit
         sharing approach
         5)
         d e n g a n                                                                                                                                                     -
         menggunakan
         pendekatan
         pembagian kredit
         (dijamin) 5)
         using a credit-
         sharing (secured)
         approach 5)
         d e n g a n                                                                                                                                                     -
         menggunakan
         pendekatan
         pembagian kredit
         (dijamin) 5)
         using a credit-
         sharing (secured)
         approach 5)
    Kredit Beragun Properti
    Rumah Tinggal yang
    Pembayarannya
    Bergantung Secara
    Material pada Arus Kas
    Properti
    Residential Property
    Secured Loans Where
    Payment Depends
    Materially on the
    Property's Cash Flow




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        Performance Highlights                       Management Report                       Company Profile                       Overview of Business Support Units




                                                                                                                                                         Tagihan Bersih
                                                                                                                                                          Setelah FKK
                                                                                                                                                           dan Teknik
                                                                                                                                                               MRK
   Kategori Portofolio                                                                                                                           Lainnya
                              0%5) 20% 25% 30% 35%      40%      45% 50% 60% 65%5) 70%        75%      85%    90% 100% 105% 110%       150%                     Net
   Portfolio Category                                                                                                                             Others
                                                                                                                                                           Receivables
                                                                                                                                                          After FKK and
                                                                                                                                                               MRK
                                                                                                                                                           Techniques

   Kredit Beragun Properti                                                                   11,793 39,676                                                       48.294
   Komersial yang
   Pembayarannya Tidak
   Bergantung Secara
   Material pada Arus Kas
   Prosperti
   Commercial Property
   Secured Loans Where
   Payment Does Not
   Materially Depend on
   the Property's Cash Flow
        tanpa pendekatan                                                                                                                                                 -
        pembagian kredit
        5)
        without a credit
        sharing approach
        5)
        d e n g a n                                                                                                                                                      -
        menggunakan
        pendekatan
        pembagian kredit
        (dijamin) 5)
        using a credit-
        sharing (secured)
        approach 5)
        d e n g a n                                                                                                                                                      -
        menggunakan
        pendekatan
        pembagian kredit
        (dijamin) 5)
        using a credit-
        sharing (secured)
        approach 5)
   Kredit Beragun Properti                                                                                                                                               -
   Komersial yang
   Pembayarannya
   Bergantung Secara
   Material pada Arus Kas
   Properti
   Commercial Property
   Secured Loans Where
   Payment Depends
   Materially on the
   Property's Cash Flow
   Kredit Pengadaan                                                                                                                    295.201                  298.006
   Tanah. Pengolahan
   Tanah. dan Konstruksi
   5)
   Land Acquisition. Land
   Processing and
   Construction Loans 5)


    Kategori Portofolio                                           Lainnya                            Tagihan Bersih Setelah FKK dan Teknik MRK
                                  50%      100%        150%
    Portfolio Category                                             Others                           Net Receivables After FKK and MRK Techniques

10 Tagihan yang Telah Jatuh      295.636   301.512     109.981                                                                                                 707.215
   tempo
   Undue Receivables

    Kategori Portofolio                                                                 Lainnya                Tagihan Bersih Setelah FKK dan Teknik MRK
                                  0%       20%         100%        150%      1250% 5)
    Portfolio Category                                                                   Others               Net Receivables After FKK and MRK Techniques

11 Aset Lainnya                   56.799                 1.119     414.028                                                                                     471.883
   Other Assets




274 PT Bank Raya Indonesia Tbk
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      Analisis dan Pembahasan Manajemen                        Tata Kelola Perusahaan                           Laporan Keberlanjutan                  Laporan Keuangan Audit
      Management Discussion and Analysis                       Good Corporate Governance                        Sustainability Report                  Audited Financial Report




                                                                                                                                                             Tagihan Bersih
                                         Tagihan Bersih Laporan Posisi           Tagihan Bersih TRA                                                 (Setelah pengenaan FKK dan
                Bobot Risiko                      Keuangan                   (sebelumm pengenaan FKK)                   Rata-Rata FKK                         Teknik MRK)
 No
                Risk Weight               Net Receivables Statement              TRA Net Receivables                     FKK Average                        Net Receivables
                                               Financial Position              (Before FKK Application)                                              (After the Application of FKK
                                                                                                                                                         and MRK Technique)

1      < 40%                                                   5.446.801                                    -

2      40%-70%                                                   822.934                             115.670

3      75%                                                     2.685.137                                    -

4      85%                                                        99.476                                    -

5      90%-100%                                                2.916.009                                    -
6      105%-130%                                                        0                                   -

7      150%                                                      819.210                                    -

8      250%                                                           78                                    -

9      400%                                                             0                                   -

10     1250%                                                            0                                   -

11     Total Tagihan Bersih                                  12.789.645                              115.670
       Total Net Receivables



                                                                            Pengungkapan Tambahan
                                                                              Additional Disclosures




                                                                               Pedoman Pengisian
                                                                                Filling Guidelines

1)    Pada tabel ini. Bank membagi tagihan bersih berdasarkan kategori portofolio dan bobot risiko sebagaimana Lampiran A Surat Edaran Otoritas Jasa Keuangan ini.
      In this table. the Bank divides the net receivables based on portfolio category and risk weighting as in Annex A of this Financial Services Authority Circular Letter.
2)    “Rata-Rata FKK” merupakan jumlah rata-rata tagihan bersih dikalikan dengan FKK pada masing-masing bobot risiko.
      “Average FKK” is the average net receivables amount multiplied by FKK at each risk weight.
3)    "Tagihan Bersih Setelah Penerapan FKK dan Teknik MRK" merupakan tagihan bersih setelah memperhitungkan FKK dan dampak penerapan teknik MRK atas eksposur
      pada laporan posisi keuangan dan TRA.

      “Net Receivables (After the Application of FKK and MRK Technique)” is the net receivables after calculating FKK and the impact of implementing MRK on exposure in
      the statement of financial position and TRA.
4)    Jumlah "Total Tagihan Bersih (Setelah pengenaan FKK dan Teknik MRK)" pada tabel ini harus sama dengan total kolom c ("Tagihan Bersih Setelah penerapan FKK dan
      Teknik MRK - Laporan Posisi Keuangan") dan kolom d ("Tagihan Bersih Setelah penerapan FKK dan Teknik MRK - TRA") pada tabel CR4.

      The amount of “Total Net Receivables (After the application of FKK and MRK Techniques)” in this table must be the same as the total of column c (“Net Receivables After the
      application of FKK and MRK Techniques – Financial Statement Position”) and column d (“Net Receivables After the application of FKK and MRK Techniques - TRA”) in table CR4
5)    Tabel "Bank secara Konsolidasi dengan Entitas Anak" diisi apabila Bank memiliki entitas anak yang termasuk dalam cakupan konsolidasi sesuai ketentuan kehati-hatian.
      Sementara itu. apabila Bank tidak memiliki entitas anak. Bank hanya mengungkapkan tabel "Bank secara Individu".

      The table “Bank in Consolidation with Subsidiaries” is filled in if the Bank has subsidiaries that are included in the scope of consolidation in accordance with prudential
      provisions. Meanwhile. if the Bank does not have subsidiaries. the Bank only discloses the “Bank individually” table.
6)    "Pengungkapan Tambahan" diisi dengan penjelasan mengenai perubahan signifikan (jika ada) dari periode pelaporan sebelumnya dan penyebab utama perubahan
      tersebut. Selain itu. Bank juga harus menjelaskan terkait urutan pengenaan FKK. CKPN. dan teknik MRK yang digunakan.

      The “Additional Disclosures” section should include an explanation of significant changes (if any) from the previous reporting period and the main causes of these changes.
      In addition. the Bank must also explain the sequence of application of the FKK. CKPN. and MRK techniques used.
7)    Footnotes:
      1)     Merupakan tagihan yang termasuk dalam cakupan kategori portofolio tagihan kepada perusahaan efek dan lembaga jasa keuangan lain sebagaimana Lampiran
             A Surat Edaran Otoritas Jasa Keuangan ini.

             This is a receivables that falls under the category of receivables portfolio to securities companies and other financial service institutions as per Annex A of this
             Financial Services Authority Circular Letter.
      2)     Merupakan tagihan yang termasuk dalam cakupan kategori portofolio tagihan kepada korporasi - eksposur korporasi umum sebagaimana Lampiran A Surat
             Edaran Otoritas Jasa Keuangan ini (tidak termasuk angka 3) dan angka 4)).

             This is a receivables that falls under the category of corporate receivables portfolio - general corporate exposure as per Annex A of this Financial Services Authority
             Circular Letter (excluding numbers 3) and 4)).
      3)     Merupakan tagihan kepada perusahaan efek dan lembaga jasa keuangan lain yang tidak tergolong dalam kategori portofolio sebagaimana angka 1).
             This is a receivables to securities companies and other financial services institutions that are not included in the portfolio category as in number 1).
      4)     Merupakan tagihan yang termasuk dalam cakupan kategori tagihan kepada korporasi - eksposur pembiayaan khusus (dengan dan tanpa peringkat) sebagaimana
             Lampiran A Surat Edaran Otoritas Jasa Keuangan ini.

             This is a receivables that falls under the category of receivables to corporations - special financing exposures (with and without ratings) as outlined in Annex A of
             this Financial Services Authority Circular Letter.
      5)     Tidak applicable sesuai dengan Surat Edaran Otoritas Jasa Keuangan ini.
             Not applicable in accordance with this Financial Services Authority Circular Letter.



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      Ikhtisar Kinerja           Laporan Manajemen        Profil Perusahaan   Tinjauan Pendukung Bisnis
      Performance Highlights     Management Report        Company Profile     Overview of Business Support Units




                                                         TATA KELOLA
                                                         PERUSAHAAN
                                                     Good Corporate Governance
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Analisis dan Pembahasan Manajemen    Tata Kelola Perusahaan            Laporan Keberlanjutan                Laporan Keuangan Audit
Management Discussion and Analysis   Good Corporate Governance         Sustainability Report                Audited Financial Report




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        Ikhtisar Kinerja                        Laporan Manajemen                    Profil Perusahaan                     Tinjauan Pendukung Bisnis
        Performance Highlights                  Management Report                    Company Profile                       Overview of Business Support Units




Komitmen dan Tujuan Penerapan Tata Kelola Perusahaan yang
Baik
Commitment and Objectives of Good Corporate Governance Implementation

Komitmen Tata Kelola Perusahaan yang Baik
Commitment to Good Corporate Governance

Bank Raya menyadari bahwa perkembangan industri perbankan yang                 Bank Raya recognizes that the increasingly complex development of the
semakin kompleks membutuhkan penguatan penerapan prinsip tata kelola           banking industry requires strengthened implementation of corporate
pada Bank. Selain itu, komitmen terhadap Tata Kelola yang Baik (Good           governance principles within the Bank. Furthermore, a commitment to
Corporate Governance) atau GCG diperlukan dalam rangka mendukung               Good Corporate Governance (GCG) is necessary to support the national
ekonomi dan stabilitas nasional, meningkatkan daya saing Bank Raya,            economy and stability, enhance Bank Raya's competitiveness, encourage
mendorong pertumbuhan yang berkelanjutan, serta berkontribusi dalam            sustainable growth, and contribute to the implementation of social and
penerapan tanggung jawab sosial dan lingkungan                                 environmental responsibility.

Bank Raya, sebagai anak perusahaan Bank Rakyat Indonesia, memberikan           Bank Raya, as a subsidiary of Bank Rakyat Indonesia, provides the widest
akses terluas bagi masyarakat di segmen mikro & kecil di Indonesia. Bank       access for people in the micro & small segments in Indonesia. Bank Raya
Raya juga merupakan perusahaan pertama yang mempercepat pencairan              is also the first company to accelerate the disbursement of digital loans
pinjaman digital melalui Pinang, produk pinjaman digital full-service          through Pinang, the first full-service digital loan product. As a digital attacker
pertama. Sebagai digital attacker BRI Group, Bank Raya berkomitmen kuat        of BRI Group, Bank Raya is strongly committed to maximizing value for our
memaksimalkan value bagi pemegang saham kami dengan memberikan                 shareholders by providing convenience for customers and developing
kenyamanan bagi pelanggan dan mengembangkan pertumbuhan ekonomi                economic growth for partners and employees.
bagi mitra dan karyawan.

Terkait dengan hal tersebut, Bank Raya berkomitmen untuk menerapkan            In relation to this, Bank Raya is committed to implementing Good Corporate
GCG dalam rangka meningkatkan kinerja dan nilai Bank, meningkatkan             Governance or GCG in order to improve the Bank's performance and value,
trust, dan melindungi kepentingan para pemangku kepentingan, serta             increase trust, protect the interests of stakeholders, and increase compliance
meningkatkan kepatuhan terhadap peraturan perundang-undangan.                  with laws and regulations. This commitment is realized through improvements
Komitmen tersebut diwujudkan melalui penyempurnaan terhadap beragam            to various GCG policies by considering business developments and the
kebijakan GCG dengan mempertimbangkan perkembangan bisnis dan                  increasingly complex risks faced by the Bank.
semakin kompleksnya risiko yang dihadapi Bank.

Selanjutnya, komitmen Bank Raya dalam penerapan GCG juga ditunjukkan           Furthermore, Bank Raya's commitment to implementing GCG is also
dari visi, misi dan nilai-nilai budaya yang telah ditetapkan. Visi Bank Raya   demonstrated through its established vision, mission, and cultural values.
sebagai Bank Digital Utama yang Memberikan Akses Terluas Bagi Masyarakat       Bank Raya's vision of being a premier digital bank providing the broadest
Segmen Mikro & Kecil di Indonesia diwujudkan melalui beberapa misi             access to the micro and small segments of society in Indonesia is realized
Bank salah satunya adalah memperkuat Governance, Risk, dan Compliance          through several missions, including strengthening governance, risk
untuk menciptakan Good Corporate Governance. Selain itu, pencapaian            management, and compliance to create good corporate governance.
visi dan misi tersebut didasarkan pada nilai-nilai budaya Bank yang salah      Furthermore, the achievement of this vision and mission is based on the
satunya adalah mengedepankan kolaboratif dengan memberi kesempatan             Bank's cultural values, including prioritizing collaboration by providing
kepada berbagai pihak untuk berkontribusi, terbuka dalam bekerja sama          opportunities for various parties to contribute, being open to working together
untuk menghasilkan nilai tambah, dan menggerakkan pemanfaatan                  to generate added value, and mobilizing the utilization of various resources
berbagai sumber daya untuk tujuan bersama. Kolaborasi tersebut selanjutnya     for shared goals. This collaboration is further realized through the development
diwujudkan dengan pengembangan struktur GCG berpedoman pada                    of a GCG structure guided by Bank Raya's GCG policy, which consists of
kebijakan GCG Bank Raya yang terdiri dari organ utama dan organ                main and supporting organs to implement GCG mechanisms in accordance
pendukung dalam rangka menjalankan mekanisme GCG sesuai peraturan              with laws and regulations and best practices.
perundang-undangan serta best practices.



Tujuan Penerapan GCG
Objectives of GCG Implementation

Tujuan penerapan Tata Kelola Perusahaan yang Baik di lingkungan Bank           The objectives of implementing Good Corporate Governance within Bank
Raya berdasarkan prinsip-prinsip GCG adalah sebagai berikut:                   Raya based on GCG principles are as follows:
•   Mendukung pelaksanaan kegiatan usaha Bank dalam mewujudkan                 •   Supporting the Bank's business activities in realizing its vision and values;
    visi, dan nilai-nilai Bank;
•   Mendukung tercapainya tujuan Bank melalui peningkatan kinerja              •    Supporting the achievement of the Bank's objectives through significant
    yang signifikan baik dari segi kuantitas maupun kualitas;                       performance improvements in both quantity and quality;
•   Memberikan pedoman bagi Dewan Komisaris, Direksi, Komite, dan              •    Providing guidance for the Board of Commissioners, Board of Directors,
    Pegawai Bank dalam melaksanakan tugas dan tanggung jawabnya;                    Committees, and Bank Employees in carrying out their duties and
                                                                                    responsibilities;
•   Memberikan keyakinan kepada pemegang saham dan stakeholders                •    Providing assurance to shareholders and other stakeholders that the
    lainnya bahwa pengurusan dan pengawasan Bank dijalankan secara                  Bank's management and supervision are carried out professionally
    profesional dan sesuai dengan ketentuan hukum yang berlaku;                     and in accordance with applicable laws;
•   Mendukung pengelolaan seluruh sumber daya yang dimiliki oleh Bank          •    Supporting more efficient and effective management of all Bank
    secara lebih efisien dan efektif;                                               resources;
•   Meminimalkan risiko Bank; dan                                              •    Minimizing Bank risks; and
•   Memaksimalkan kualitas dan integritas Bank agar Bank memiliki daya         •    Maximizing the Bank's quality and integrity to ensure strong national
    saing yang kuat baik secara nasional maupun internasional.                      and international competitiveness.




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        Analisis dan Pembahasan Manajemen                    Tata Kelola Perusahaan                     Laporan Keberlanjutan                    Laporan Keuangan Audit
        Management Discussion and Analysis                   Good Corporate Governance                  Sustainability Report                    Audited Financial Report




Dasar Hukum Penerapan Tata Kelola
Legal Basis of Governance Implementation

Penerapan GCG di lingkungan Bank Raya berpedoman pada berbagai                          The implementation of GCG within Bank Raya is guided by various laws
peraturan perundang-undangan yang masih berlaku hingga 31 Desember                      and regulations that are still in effect until December 31, 2025, including
2025 antara lain sebagai berikut:                                                       the following:


       Dasar Hukum                                                                         Jenis Regulasi
        Legal Basis                                                                      Types of Regulation

 Undang-Undang (UU)             •   Undang-Undang Nomor 7 tahun 1992 tentang Perbankan, sebagaimana telah diubah dengan Undang-Undang Nomor 10 Tahun 1998
 Republik Indonesia                 Tentang Perbankan;
                                •   Undang-Undang Nomor 8 tahun 1995 tentang Pasar Modal;
                                •   Undang-Undang Nomor 40 tahun 2007 tentang Perseroan Terbatas;
                                •   Peraturan Pemerintah Pengganti Undang-Undang (Perpu) Nomor 2 Tahun 2022 tentang Cipta Kerja;
                                •   UU Nomor 27 Tahun 2022 tentang Pelindungan Data Pribadi;
                                •   Undang-undang Nomor 4 Tahun 2023 tentang Pengembangan dan Penguatan Sektor Keuangan.

 Law of the Republic of         •   Law Number 7 of 1992 on Banking, as amended by Law Number 10 of 1998 on Banking;
 Indonesia                      •   Law Number 8 of 1995 on Capital Markets;
                                •   Law Number 40 of 2007 on Limited Liability Companies;
                                •   Government Regulation in Lieu of Law (Perpu) Number 2 of 2022 on Job Creation;
                                •   Law Number 27 of 2022 on Personal Data Protection;
                                •   Law Number 4 of 2023 on the Development and Strengthening of the Financial Sector.
 Peraturan Otoritas Jasa        •   POJK No. 18/POJK.03/2014 tentang Penerapan Tata Kelola Terintegrasi bagi Konglomerasi Keuangan;
 Keuangan (POJK) terkait        •   POJK No. 45/POJK.03/2015 tentang Penerapan Tata Kelola dalam Pemberian Remunerasi Bank Umum;
 sektor perbankan               •   POJK No. 18/POJK.03/2016 tentang Penerapan Manajemen Risiko bagi Bank Umum;
                                •   POJK No. 27/POJK.03/2016 tentang Penilaian Kemampuan dan Kepatutan bagi Pihak Utama Lembaga Jasa Keuangan;
                                •   POJK No. 38/POJK.03/2016 tentang Penerapan Manajemen Risiko dalam Penggunaan Teknologi Informasi oleh Bank Umum;
                                •   POJK No. 55 /POJK.03/2016 tentang Penerapan Tata Kelola bagi Bank Umum;
                                •   POJK No. 43/POJK.03/2017 tentang Tindak Lanjut Pelaksanaan Pengawasan Bank;
                                •   POJK No. 46/POJK.03/2017 tentang Pelaksanaan Fungsi Kepatuhan Bank Umum;
                                •   POJK No. 12/POJK.03/2018 tentang Penyelenggaraan Layanan Perbankan Digital oleh Bank Umum;
                                •   POJK No. 1/POJK.03/2019 tentang Penerapan Fungsi Audit Intern pada Bank Umum;
                                •   POJK No. 12/POJK.03/2019 tentang Pelaporan Bank Umum Melalui Sistem Pelaporan Otoritas Jasa Keuangan;
                                •   POJK No. 13 /POJK.03/2020 tentang Perubahan Atas Peraturan Otoritas Jasa Keuangan Nomor 38/POJK.03/2016 tentang Penerapan Manajemen
                                    Risiko dalam Penggunaan Teknologi Informasi oleh Bank Umum;
                                •   POJK No. 63/POJK.03/2020 tentang Pelaporan Bank Umum Melalui Sistem Pelaporan Otoritas Jasa Keuangan;
                                •   POJK No. 12/POJK.03/2021 tentang Bank Umum;
                                •   POJK No. 11/POJK.03/2022 tentang Penyelenggaraan Teknologi Informasi oleh Bank Umum;
                                •   POJK No. 24 Tahun 2022 tentang Pengembangan Kualitas Sumber Daya Manusia Bank Umum;
                                •   POJK No. 17 Tahun 2023 tentang Penerapan Tata Kelola bagi Bank Umum;
                                •   POJK No. 15 Tahun 2024 tentang Integritas Pelaporan Keuangan Bank;
                                •   POJK No. 22 Tahun 2025 tanggal 2 Oktober 2025 tentang Pelaporan Bank Umum Melalui Sistem Pelaporan Otoritas Jasa Keuangan.

 Financial Services Authority   •   POJK No. 18/POJK.03/2014 on the Implementation of Integrated Governance for Financial Conglomeration;
 Regulation (POJK) on           •   POJK No. 45/POJK.03/2015 on the Implementation of Governance in Remuneration for Commercial Banks;
 banking sector                 •   POJK No. 18/POJK.03/2016 on the Implementation of Risk Management for Commercial Banks;
                                •   POJK No. 27/POJK.03/2016 on the Fit and Proper Test for Key Parties of Financial Services Institutions;
                                •   POJK No. 38/POJK.03/2016 on the Implementation of Risk Management in the Use of Information Technology by Commercial Banks;
                                •   POJK No. 55/POJK.03/2016 on the Implementation of Governance for Commercial Banks;
                                •   POJK No. 43/POJK.03/2017 on Follow-up on the Implementation of Bank Supervision;
                                •   POJK No. 46/POJK.03/2017 on the Implementation of Compliance Function of Commercial Banks;
                                •   POJK No. 12/POJK.03/2018 on the Provision of Digital Banking Services by Commercial Banks;
                                •   POJK No. 1/POJK.03/2019 on the Implementation of Internal Audit Function in Commercial Banks;
                                •   POJK No. 12/POJK.03/2019 on Reporting by Commercial Banks Through the Financial Services Authority Reporting System; dan
                                •   POJK No. 13/POJK.03/2020 on Amendments to Financial Services Authority Regulation No. 38/POJK.03/2016 on the Implementation of Risk
                                    Management in the Use of Information Technology by Commercial Banks;
                                •   POJK No. 63/POJK.03/2020 on Commercial Bank Reporting Through the Financial Services Authority Reporting System;
                                •   POJK No. 12/POJK.03/2021 on Commercial Banks;
                                •   POJK No. 11/POJK.03/2022 on the Implementation of Information Technology by Commercial Banks;
                                •   POJK No. 24 of 2022 on the Development of Human Resource Quality in Commercial Banks;
                                •   POJK No. 17 of 2023 on the Implementation of Governance for Commercial Banks;
                                •   POJK No. 15 of 2024 on the Integrity of Bank Financial Reporting; and
                                •   POJK No. 22 of 2025 dated October 2, 2025, on Commercial Bank Reporting Through the Financial Services Authority Reporting System.
 Peraturan Otoritas Jasa        •   POJK No. 32/POJK.04/2014 tentang Rencana dan Penyelenggaraan Rapat Umum Pemegang Saham Perusahaan Terbuka;
 Keuangan (POJK) terkait        •   POJK No. 33/POJK.04/2014 tentang Direksi dan Dewan Komisaris Emiten atau Perusahaan Publik;
 perusahaan publik              •   POJK No. 34/POJK.04/2014 tentang Komite Nominasi dan Remunerasi Emiten atau Perusahaan Publik;
                                •   POJK No. 35/POJK.04/2014 tentang Sekretaris Perusahaan Emiten Atau Perusahaan Publik;
                                •   POJK No. 8/POJK.04/2015 tentang Situs Web Emiten Atau Perusahaan Publik;
                                •   POJK No. 21/POJK.04/2015 tentang Penerapan Pedoman Tata Kelola Perusahaan Terbuka;
                                •   POJK No. 31/POJK.04/2015 tentang Keterbukaan Atas Informasi atau Fakta Material oleh Emiten atau Perusahaan Publik;
                                •   POJK No. 42/POJK.04/2020 tentang Transaksi Afiliasi dan Transaksi Benturan Kepentingan;
                                •   POJK No. 14/POJK.04/2022 tentang Penyampaian Laporan Keuangan Berkala Emiten atau Perusahaan Publik.

 Financial Services Authority   •   POJK No. 32/POJK.04/2014 on the Planning and Organizing the General Meeting of Shareholders of Public Companies;
 Regulation (POJK) on public    •   POJK No. 33/POJK.04/2014 on the Board of Directors and Board of Commissioners of Issuers or Public Companies;
 companies                      •   POJK No. 34/POJK.04/2014 on the Nomination and Remuneration Committee of Issuers or Public Companies;
                                •   POJK No. 35/POJK.04/2014 on the Corporate Secretary of Issuers or Public Companies;
                                •   POJK No. 8/POJK.04/2015 on Websites of Issuers or Public Companies;
                                •   POJK No. 21/POJK.04/2015 on the Implementation of Public Company Governance Guidelines;
                                •   POJK No. 31/POJK.04/2015 on Disclosure of Material Information or Facts by Issuers or Public Companies;
                                •   POJK No. 42/POJK.04/2020 on Affiliated Transactions and Conflict of Interest Transactions;
                                •   POJK No. 14/POJK.04/2022 on Submission of Periodic Financial Statements by Issuers or Public Companies.




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         Ikhtisar Kinerja                            Laporan Manajemen                           Profil Perusahaan                      Tinjauan Pendukung Bisnis
         Performance Highlights                      Management Report                           Company Profile                        Overview of Business Support Units




      Dasar Hukum                                                                            Jenis Regulasi
       Legal Basis                                                                         Types of Regulation

Surat Edaran Otoritas Jasa     •   SEOJK No. 34/SEOJK.03/2016 tentang Penerapan Manajemen Risiko bagi Bank Umum;
Keuangan (SEOJK) terkait       •   SEOJK No. 40/POJK.03/2016 tentang Penerapan Tata Kelola dalam Pemberian Remunerasi Bank Umum.
sektor perbankan               •   SEOJK No. 13/ SEOJK.03/2017 tentang Penerapan Tata Kelola bagi Bank Umum;
                               •   SEOJK No. 21/SEOJK.03/2017 tentang Penerapan Manajemen Risiko dalam Penggunaan Teknologi Informasi oleh Bank Umum;
                               •   SEOJK No. 32/SEOJK.03/2017 tentang Penerapan Program Anti Pencucian Uang dan Pencegahan Pendanaan Terorisme di Sektor Perbankan;
                               •   SEOJK No. 35/SEOJK.03/2017 tentang Pedoman Standar Sistem Pengendalian Intern bagi Bank Umum;
                               •   SEOJK No. 36/SEOJK.03/2017 tentang Tata Cara Penggunaan Jasa Akuntan Publik dan Kantor Akuntan Publik dalam Kegiatan Jasa
                                   Keuangan;
                               •   SEOJK No. 12/SEOJK.03/2018 tentang Penerapan Manajemen Risiko dan Pengukuran Risiko Pendekatan Standar untuk Risiko Suku Bunga
                                   dalam Banking Book bagi Bank Umum;
                               •   SEOJK No. 9 /SEOJK.03/2020 tentang Transparansi dan Publikasi Laporan Bank Umum Konvensional;
                               •   SEOJK No. 12/SEOJK.03/2021 tentang Rencana Bisnis Bank Umum;
                               •   SEOJK No. 28/SEOJK.03/2022 tentang Sertifikasi Manajemen Risiko bagi Sumber Daya Manusia Bank Umum;
                               •   SEOJK No. 29/SEOJK.03/2022 tentang Ketahanan Dan Keamanan Siber bagi Bank Umum;
                               •   SEOJK No. 24/SEOJK.03/2023 tentang Penilaian Tingkat Maturitas Digital Bank Umum; dan
                               •   SEOJK No. 14/SEOJK.03/2025 tentang Penerapan Tata kelola bagi Bank Umum.

Financial Services Authority   •   SEOJK No. 34/SEOJK.03/2016 on the Implementation of Risk Management for Commercial Banks;
Circular (SEOJK) on banking    •   SEOJK No. 40/POJK.03/2016 on the Implementation of Governance in the Provision of Remuneration for Commercial Banks;
sector                         •   SEOJK No. 13/SEOJK.03/2017 on the Implementation of Governance for Commercial Banks;
                               •   SEOJK No. 21/SEOJK.03/2017 on the Implementation of Risk Management in the Use of Information Technology by Commercial Banks;
                               •   SEOJK No. 32/SEOJK.03/2017 on the Implementation of Anti-Money Laundering and Counter-Terrorism Financing Programs in the Banking
                                   Sector;
                               •   SEOJK No. 35/SEOJK.03/2017 on Guidelines for Internal Control System Standards for Commercial Banks;
                               •   SEOJK No. 36/SEOJK.03/2017 on Procedures for Using Public Accountant Services and Public Accounting Firms in Financial Services Activities;
                               •   SEOJK No. 12/SEOJK.03/2018 on the Implementation of Risk Management and Risk Measurement Standard Approaches for Interest Rate
                                   Risk in the Banking Book for Commercial Banks;
                               •   SEOJK No. 9/SEOJK.03/2020 on Transparency and Publication of Conventional Commercial Bank Reports;
                               •   SEOJK No. 12/SEOJK.03/2021 on Commercial Bank Business Plans;
                               •   SEOJK No. 28/SEOJK.03/2022 on Risk Management Certification for Human Resources in Commercial Banks;
                               •   SEOJK No. 29/SEOJK.03/2022 on Cyber Resilience and Security for Commercial Banks;
                               •   SEOJK No. 24/SEOJK.03/2023 on Assessment of Digital Maturity Levels of Commercial Banks; and
                               •   SEOJK No. 14/SEOJK.03/2025 on the Implementation of Governance for Commercial Banks.
Surat Edaran Otoritas Jasa     •   SEOJK No. 06/SEOJK.04/2014 tentang Tata Cara Penyampaian Laporan Secara Elektronik oleh Emiten atau Perusahaan Publik;
Keuangan (SEOJK) terkait       •   SEOJK No. 32 /SEOJK.04/2015 tentang Pedoman Tata Kelola Perusahaan Terbuka.
perusahaan publik

Financial Services Authority   •   SEOJK No. 06/SEOJK.04/2014 on Procedures for Electronic Report Submission by Issuers or Public Companies;
Circular (SEOJK) on public     •   SEOJK No. 32/SEOJK.04/2015 on Guidelines for Public Company Governance.
companies
Peraturan Bursa Efek           •   No I-E tentang Kewajiban Penyampaian Informasi;
Indonesia                      •   SE-00006/BEI/10-2019 tentang Tata Cara Penyampaian Laporan Secara Elektronik oleh Perusahaan Tercatat.

Indonesia Stock                •   No. I-E on the Obligation to Submit Information;
Exchange Regulations           •   SE-00006/BEI/10-2019 on Procedures for Electronic Submission of Reports by Listed Companies.
Peraturan Bank Indonesia       •   PBI No. 10 Tahun 2024 tentang Penerapan Anti Pencucian Uang, Pencegahan Pendanaan Terorisme, dan Pencegahan Pendanaan Proliferasi
(PBI) dan Peraturan                Senjata Pemusnah Massal bagi Pihak yang Diatur dan Diawasi oleh Bank Indonesia;
Anggota Dewan Gubernur         •   PBI No. 24 Tahun 2024 tentang Keamanan Sistem Informasi dan Ketahanan Siber bagi Penyelenggara Sistem Pembayaran, Pelaku Pasar
(PADG)                             Uang dan Pasar Valuta Asing, serta Pihak Lain yang Diatur dan Diawasi Bank Indonesia;
                               •   PADG No. 17 Tahun 2025 tentang Penyelesaian Transaksi Bilateral antara Indonesia dan Tiongkok Menggunakan Rupiah dan Renminbi
                                   melalui Bank; dan
                               •   PADG 15 Tahun 2025 tentang Penerapan Anti Pencucian uang, Pencegahan Pendanaan Terorisme, dan Pencegahan Pendanaan Proliferasi
                                   Senjata Pemusnah Massal bagi Pihak yang Diatur dan Diawasi oleh Bank Indonesia.

Bank Indonesia Regulation      •   PBI No. 10 of 2024 on the Implementation of Anti-Money Laundering (AML), Counter-Terrorist Financing (CFT), and Counter-Proliferation
(PBI) and Board of                 Financing of Weapons of Mass Destruction (CPF) Programs for Parties Regulated and Supervised by Bank Indonesia;
Governors Regulation           •   PBI No. 24 of 2024 on Information System Security and Cyber Resilience for Payment System Operators, Money Market and Foreign Exchange
(PADG)                             Market Players, and Other Parties Regulated and Supervised by Bank Indonesia;
                               •   PADG No. 17 of 2025 on Settlement of Bilateral Transactions between Indonesia and China Using Rupiah and Renminbi through Banks; and
                               •   PADG No. 15 of 2025 on the Implementation of Anti-Money Laundering (AML), Counter-Terrorist Financing (CFT), and Counter-Proliferation
                                   Financing of Weapons of Mass Destruction (CPF) Programs for Parties Regulated and Supervised by Bank Indonesia.

Lain-lain                      •   Anggaran Dasar Perusahaan terakhir sebagaimana yang tertuang dalam Akta No. 18 tanggal 17 Juli 2025.
                               •   ASEAN Corporate Governance Scorecard;
                               •   Pedoman Tata Kelola Perusahaan yang disahkan melalui Surat Keputusan Direksi No. SK: B.128/Dir.01.02/PCP/LCA/05/2024 tanggal 28
                                   Mei 2024 tentang Kebijakan Umum Penerapan Tata Kelola Perusahaan yang Baik (Good Corporate Governance);
                               •   Pedoman Umum Governansi Korporat Indonesia (PUGKI); dan
                               •   Peraturan Menteri BUMN Nomor PER-2/MBU/03/2023 tanggal 24 Maret 2023 tentang Pedoman Tata Kelola dan Kegiatan Korporasi Signifikan
                                   Badan Usaha Milik Negara.

Others                         •   The Company’s latest Articles of Association as stated in Deed No. 18 dated July 17, 2025.
                               •   ASEAN Corporate Governance Scorecard;
                               •   Corporate Governance Guidelines ratified through Board of Directors’ Decision Letter No. SK: B.128/Dir.01.02/PCP/LCA/05/2024 dated May
                                   28, 2024, on the General Policy for the Implementation of Good Corporate Governance;
                               •   General Guidelines for Indonesian Corporate Governance (PUGKI); and
                               •   Regulation of the Minister of State-Owned Enterprises Number PER-2/MBU/03/2023 dated March 24, 2023, on Guidelines for Governance
                                   and Significant Corporate Activities of State-Owned Enterprises.




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        Analisis dan Pembahasan Manajemen                             Tata Kelola Perusahaan                                            Laporan Keberlanjutan                           Laporan Keuangan Audit
        Management Discussion and Analysis                            Good Corporate Governance                                         Sustainability Report                           Audited Financial Report




Roadmap Tata Kelola
Governance Roadmap

Sebagai implementasi atas komitmen penerapan Tata Kelola yang Baik,                                           As an implementation of its commitment to Good Governance, Bank Raya
Bank Raya juga telah menyusun roadmap penerapan GCG untuk periode                                             has also prepared a GCG implementation roadmap for the 2022-2026
2022-2026 yang terbagi menjadi 3 (tiga) fase sebagai berikut:                                                 period, divided into 3 (three) phases as follows:
•   Fase pertama                                                                                              •    First Phase
    Di tahun 2022, Bank Raya fokus pada Membangun/meningkatkan                                                     In 2022, Bank Raya focused on building/ enhancement of compliance
    sistem kepatuhan & anti pencucian uang, mematuhi standar ISO,                                                  and anti-money laundering support system, complying with ISO
    mendukung penuh penegakan hukum.                                                                               standards, and fully supporting law enforcement.
•   Fase kedua                                                                                                •    Second Phase
    Di tahun 2023-2024, Bank Raya fokus pada Budaya kepatuhan dan                                                  In 2023-2024, Bank Raya focused on a compliance culture and law
    ketaatan terhadap hukum di setiap tingkat unit sesuai dengan nilai-                                            obedience in every unit level, in accordance with corporate governance
    nilai tata kelola perusahaan.                                                                                  values.
•   Fase ketiga                                                                                               •    Third Phase
    Di tahun 2025-2028, Bank Raya fokus pada Tata kelola perusahaan                                                In 2025-2028, Bank Raya will focus on ensuring that corporate governance
    telah menjadi budaya sehingga meminimalkan risiko hukum.                                                       has become a culture, thereby minimizing legal risk.

Penjelasan lebih lengkap terkait roadmap penerapan GCG di lingkungan                                          A more complete explanation of the GCG implementation roadmap within
Bank Raya adalah sebagai berikut:                                                                             Bank Raya is as follows:




                            2022
                            2022                                                        2023-2024
                                                                                        2023-2024                                                                         2025-2028
                                                                                                                                                                          2025-2028
     Membangun/meningkatkan sistem
    Membangun/meningkatkan          sistem kepatuhan
                                            kepatuhan && anti
                                                           anti          Budaya kepatuhan
                                                                        Budaya        kepatuhan dan dan ketaatan
                                                                                                         ketaatan hukum
                                                                                                                      hukum di      setiap
                                                                                                                                di setiap                         kelolaperusahaan
                                                                                                                                                            Tatakelola
                                                                                                                                                           Tata           perusahaantelah
                                                                                                                                                                                        telahmenjadi
                                                                                                                                                                                              menjadibudaya
                                                                                                                                                                                                      budayasehingga
                                                                                                                                                                                                             sehingga
    pencucian     uang, mematuhi
     pencucian uang,      mematuhi standar
                                     standar ISO,
                                              ISO, mendukung
                                                   mendukung             tingkat unit
                                                                        tingkat       unit sesuai    dengan nilai-nilai
                                                                                            sesuai dengan                    tata kelola
                                                                                                                nilai-nilai tata    kelola                  meminimalkanrisiko
                                                                                                                                                           meminimalkan       risikohukum:
                                                                                                                                                                                     hukum:
     penuh     penegakan
    penuh penegakan hukum: hukum:                                        perusahaan:
                                                                        perusahaan:                                                                         1.  Digitalisasi Aktivitas Legal  & Compliance.
                                                                                                                                                           1. Digitalisasi Aktivitas Legal & Compliance.
          Pengembangan aplikasi
    1.1. Pengembangan       aplikasi pendukung
                                      pendukung kepatuhan:
                                                    kepatuhan:          1.1. Implementasi
                                                                              Implementasiproduk/aktifitas
                                                                                              produk/aktifitasdigital
                                                                                                                digitalberbasis     GCG.
                                                                                                                         berbasisGCG.                       2. Penilaian
                                                                                                                                                           2.   Penilaian dukungan
                                                                                                                                                                           dukungan dan  dan komitmen
                                                                                                                                                                                              komitmen APU
                                                                                                                                                                                                        APU dan
                                                                                                                                                                                                             dan PPT
                                                                                                                                                                                                                  PPT
          library online,
         library             penandatanganan kode
                   online, penandatanganan         kode etik,
                                                          etik,               Penguatan APU
                                                                         2. Penguatan
                                                                        2.                  APU dandan PPT
                                                                                                        PPT melalui
                                                                                                              melalui screening
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                                                                                                                                                                                    daninternal
                                                                                                                                                                                         internalBank.
                                                                                                                                                                                                 Bank.
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          penerapantata   keloladi
                                 diUnit
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                                                                             monitoring                                 dengan tingkat
                                                                                                               sesuai dengan
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                                                                                            nasabah digital                        tingkat                  3. Meminimalkan
                                                                                                                                                           3.   Meminimalkanpermasalahan
                                                                                                                                                                                  permasalahanhukum.
                                                                                                                                                                                                 hukum.
     2.   Peningkatan  sistem pendukung   APU
    2. Peningkatan sistem pendukung APU dan PPT.dan PPT.                      risiko.
                                                                             risiko.
    3.    Dukungan penuh
     3. Dukungan      penuh terhadap
                              terhadap penanganan
                                         penanganan perkara
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          hukum.
         hukum.

     Building/enhancement compliance
    Building/enhancement            compliance && antianti money
                                                            money        Compliance culture
                                                                        Compliance        culture and
                                                                                                   and law
                                                                                                        law obedience
                                                                                                              obedience inin every     unit
                                                                                                                               every unit                                governance has
                                                                                                                                                            Corporate governance
                                                                                                                                                           Corporate                     has become
                                                                                                                                                                                              become aa culture
                                                                                                                                                                                                         culture thereby
                                                                                                                                                                                                                  thereby
    laundering       support system,
     laundering support         system, complying
                                         complying with
                                                    with standard
                                                          standard       levelaccordance
                                                                        level   accordancewith      corporategovernance
                                                                                               withcorporate                    values:
                                                                                                                governancevalues:                           minimizinglegal
                                                                                                                                                           minimizing     legalrisk:
                                                                                                                                                                                risk:
     ISO,   fully supporting    law enforcement:
    ISO, fully supporting law enforcement:                               1.  Implementation      of   GCG-based       digital
                                                                        1. Implementation of GCG-based digital products/        products/                   1.  Digitalization  of  Legal &  Compliance  Activities.
                                                                                                                                                           1. Digitalization of Legal & Compliance Activities.
          Development of
    1.1. Development        of compliance
                                 compliance support
                                              support application:
                                                       application:          activities.
                                                                            activities.                                                                     2. Assessment
                                                                                                                                                           2.   Assessment of    of AML AML and
                                                                                                                                                                                              and CTFCTF support
                                                                                                                                                                                                           support andand
         online     library, signing
          online library,      signing of of code
                                              code ofof conduct,
                                                          conduct,       2. Strengthening
                                                                        2.   StrengtheningAML  AMLandandCTF    throughscreening
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          implementationof
         implementation       ofgovernance
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                                                                                                                                                           3.   Minimizinglegal
                                                                                                                                                                             legalissues.
                                                                                                                                                                                     issues.
     2.   Improvement      of AML  and  CTF  support
    2. Improvement of AML and CTF support system.    system.                 level.
                                                                            level.
    3.    Fullsupport
     3. Full   supportforforhandling
                             handlinglegal
                                       legalcases.
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                                1                                                                    2                                                                                 3



Untuk tahun buku 2025, Bank Raya telah menjalankan berbagai upaya terbaik                                     For the 2025 Fiscal Year, Bank Raya had applied various best efforts to
guna meningkatkan kualitas penerapan GCG di lingkungan Bank melalui:                                          improve the quality of GCG implementation within the Bank through:
1. Sosialisasi ketentuan Good Corporate Governance (GCG), Fungsi                                              1. Dissemination of Good Corporate Governance (GCG) provisions,
    Kepatuhan, Transaksi Afiliasi, Benturan Kepentingan & Insider Trading,                                         Compliance Function, Affiliate Transactions, Conflict of Interest & Insider
    Kode Etik (Code of Conduct), Sistem Manajemen Anti Penyuapan                                                   Trading, Code of Conduct, and Anti-Bribery Management System
    (internal) baik secara online berupa e-learning maupun sosialisasi                                             (internal), both online in the form of e-learning and on-site dissemination
    onsite berupa kunjungan ke Unit Kerja Operasional (UKO);                                                       through visits to Operational Work Units (UKO);
2. Sosialisasi Pelatihan APU, PPT dan PPPSPM secara online ke seluruh                                         2. Online dissemination of AML, CTF, and CPF training to all employees
    pekerja di Community Branch, Kantor Kas dan Branch Risk Officer dan                                            at Community Branches, Cash Offices, and Branch Risk Officers, as
    E-Learning APU, PPT dan PPPSPM untuk semua pekerja                                                             well as AML, CTF, and CPF e-learning for all employees.
3. Mengikuti Surveillance Audit ISO 9001:2015 Sistem Manajemen Mutu                                           3. Participating in an ISO 9001:2015 Quality Management System (QMS)
    (SMM) pada tahun 2025 dalam rangka mempertahankan sertifikasi                                                  surveillance audit in 2025 to maintain ISO 9001:2015 Quality
    ISO 9001:2015 Sistem Manajemen Mutu (SMM)                                                                      Management System (QMS) certification.
4. Mengikuti Surveillance Audit ISO 37001:2016 Sistem Manajemen Anti                                          4. Participating in an ISO 37001:2016 Anti-Bribery Management System
    Penyuapan pada Tahun 2025 dalam rangka mempertahankan                                                          surveillance audit in 2025 to maintain ISO 37001:2016 Anti-Bribery
    sertifikasi ISO 37001:2016 Sistem Manajemen Anti Penyuapan                                                     Management System certification.
5. Mengikuti Awareness ISO 37001:2016 Sistem Manajemen Anti Penyuapan                                         5. Participating in an ISO 37001:2016 Anti-Bribery Management System
    (eksternal)                                                                                                    awareness (external).
6. Melakukan komite tata kelola terintegrasi bersama Perusahaan induk;                                        6. Establishing an integrated governance committee with the parent company.
7. Pada tahun 2025, mengikuti CGPI Award 2024 dengan tema Membangun                                           7. In 2025, participating in the 2024 CGPI Award with the theme "Building
    Kapabilitas Dinamis Perusahaan dalam Kerangka (Good Corporate                                                  Dynamic Company Capabilities within the Framework of Good
    Governance) yang diadakan oleh The Indonesian Institute for Corporate                                          Corporate Governance" held by The Indonesian Institute for Corporate
    Governance (IICG)dan Majalah SWA mendapatkan peringkat Sangat                                                  Governance (IICG) and SWA Magazine, and receiving a Most Trusted
    terpercaya/Most Trusted dengan nilai 85,05 yang meningkat                                                      rating with a score of 85.05, an increase compared to that of the
    dibandingkan tahun sebelumnya yaitu Terpercaya/Trusted dengan                                                  previous year, which was Trusted with a score of 83.8.
    nilai 83,8.

                                                                                                                           Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                                              Annual Report & Sustainability Report              2025 281
Page 282
        Ikhtisar Kinerja                                Laporan Manajemen                             Profil Perusahaan                          Tinjauan Pendukung Bisnis
        Performance Highlights                          Management Report                             Company Profile                            Overview of Business Support Units




Penerapan Prinsip-Prinsip GCG dan Implementasi GCG
Perusahaan
Implementation of GCG Principles and Implementation of GCG in The Company
Pedoman Tata Kelola Perusahaan yang terakhir kali diterbitkan oleh Bank                       The Corporate Governance Guidelines, lastly published by Bank Raya
Raya melalui Surat Keputusan Direksi melalui No. SK: B.128/Dir.01.02/PCP/                     through the Board of Directors' Decision Letter No. SK: B.128/Dir.01.02/PCP/
LCA/05/2024 tanggal 28 Mei 2024 tentang Kebijakan Umum Penerapan                              LCA/05/2024 dated May 28, 2024, on the General Policy for the
Tata Kelola Perusahaan yang Baik, menjelaskan bahwa Bank menganut                             Implementation of Good Corporate Governance, explain that the Bank
prinsip-prinsip GCG dalam penerapan tata kelola. Implementasi dari 5                          adheres to GCG principles in implementing governance. The implementation
prinsip GCG berlaku bagi seluruh aktivitas Bank Raya sehingga segenap                         of the 5 GCG principles applies to all Bank Raya activities so that all Bank
insan Bank mampu menerapkan standar kerja yang sesuai dengan prinsip-                         employees are able to apply work standards in accordance with the
prinsip Tata Kelola Perusahaan yang Baik tersebut.                                            principles of Good Corporate Governance.



Penerapan Prinsip-Prinsip GCG
Implementation of GCG Principles
Penjelasan berikut ini menjelaskan pengertian dari ke-5 prinsip GCG                           The following description indicates the definition of the five GCG principles
beserta contoh implementasi dari masing-masing prinsip GCG tersebut di                        along with examples of the implementation of each GCG principle within
lingkungan Bank Raya.                                                                         Bank Raya.


 Prinsip-prinsip GCG            Penjelasan                                                                       Implementasi
   GCG Principles               Description                                                                     Implementation

 Transparansi          Keterbukaan dalam                 •   Bank Raya mengungkapkan informasi secara tepat waktu, memadai, jelas, akurat dan dapat diperbandingkan
                       mengemukakan informasi                serta dapat diakses oleh pemangku kepentingan (stakeholders) sesuai dengan haknya.
                       yang material dan relevan         •   Bank Raya mengungkapkan informasi yang meliputi tetapi tidak terbatas pada visi, misi, sasaran usaha, strategi
                       serta keterbukaan dalam               Bank Raya, kondisi keuangan, susunan dan kompensasi pengurus, Pemegang Saham Pengendali, pejabat eksekutif,
                       proses pengambilan                    pengelolaan risiko, sistem pengawasan dan pengendalian intern, status kepatuhan, sistem dan implementasi Good
                       Keputusan, dengan                     Corporate Governance serta informasi dan fakta material yang dapat mempengaruhi keputusan pemodal (investor).
                       memperhatikan ketentuan           •   Prinsip keterbukaan informasi tetap memperhatikan ketentuan rahasia bank, rahasia jabatan, rahasia perusahaan
                       yang berlaku.                         dan hak-hak pribadi sesuai ketentuan yang berlaku.
                                                         •   Kebijakan Bank Raya harus tertulis dan dikomunikasikan kepada stakeholders dan yang berhak memperoleh
                                                             informasi tentang kebijakan tersebut sesuai ketentuan yang berlaku.

 Transparency          Transparency in presenting        •   Bank Raya discloses information in a timely, adequate, clear, accurate, comparable manner, and is accessible to
                       material and relevant                 stakeholders in accordance with their rights.
                       information and transparency      •   Bank Raya discloses information including, but not limited to, its vision, mission, business objectives, strategies, financial
                       in decision-making process,           condition, management structure and compensation, Controlling Shareholders, executive officers, risk management,
                       by taking into account                internal monitoring and control system, compliance status, Good Corporate Governance system and implementation,
                       applicable provisions.                and material information and facts that may influence investor decision.
                                                         •   The principle of information transparency adheres to the provisions on bank secrecy, official secrecy, company
                                                             secrecy, and personal rights in accordance with applicable regulations.
                                                         •   Bank Raya's policies must be written and communicated to stakeholders and those entitled to information about
                                                             these policies in accordance with applicable regulations.
 Akuntabilitas         Kejelasan pelaksanaan fungsi      •   Bank Raya menetapkan sasaran usaha dan strategi untuk dapat dipertanggungjawabkan kepada stakeholders.
                       dan tanggung jawab masing-            Bank Raya menetapkan check and balance system dalam pengelolaan Bank Raya.
                       masing Organ Bank Raya            •   Bank Raya memiliki ukuran kinerja dari semua organ organisasi berdasarkan ukuran yang disepakati dan sejalan
                       sehingga pengelolaan Bank             dengan nilai-nilai perusahaan (Corporate Culture Values), sasaran usaha dan strategi Bank Raya serta memiliki
                       berjalan secara efektif dan           rewards and punishment system.
                       sebagaimana mestinya.             •   Bank Raya harus meyakini bahwa semua organ organisasi Bank Raya mempunyai kompetensi sesuai dengan
                                                             tanggung jawabnya dan memahami perannya dalam implementasi Good Corporate Governance.

 Accountability        Clarity in the implementation     •   Bank Raya sets business targets and strategies to be accountable to stakeholders. Bank Raya has established a
                       of     functions         and          check and balance system in the management of Bank Raya.
                       responsibilities of each Bank     •   Bank Raya has performance measures for all organizational organs based on agreed measures and in line with the
                       Raya’s Organ so that the              Corporate Culture Values, business targets, and strategies of Bank Raya and has a reward and punishment system.
                       management of the Bank            •   Bank Raya must ensure that all Bank Raya’s organizational organs have the competence in accordance with their
                       runs effectively and properly.        responsibilities and understand their role in implementing Good Corporate Governance.
 Responsibilitas       Kesesuaian pengelolaan Bank       •   Bank Raya berpegang pada prinsip kehati-hatian (prudential bank practices) dan menjamin kepatuhan terhadap
                       Raya dengan peraturan                 peraturan yang berlaku.
                       perundang-undangan yang           •   Bank Raya sebagai good corporate citizen peduli terhadap lingkungan dan melaksanakan tanggung jawab sosial
                       berlaku dan prinsip                   secara wajar.
                       pengelolaan Bank yang sehat.

 Responsibility        Conformity of Bank Raya’s         •   Bank Raya adheres to prudential banking practices and ensures compliance with applicable regulations.
                       management with applicable        •   As a good corporate citizen, Bank Raya cares about the environment and carries out its social responsibilities
                       laws and regulations and the          appropriately.
                       principles of sound bank
                       management.
 Independensi          Pengelolaan Bank Raya             •   Bank Raya menghindari terjadinya dominasi yang tidak wajar oleh stakeholders manapun dan tidak terpengaruh
                       secara profesional, obyektif,         oleh kepentingan sepihak serta terbebas dari benturan kepentingan (conflict of interest).
                       bebas dari benturan               •   Bank Raya mengambil keputusan secara objektif dan bebas dari segala tekanan pihak manapun.
                       kepentingan dan dari segala
                       tekanan dari pihak manapun
                       dalam mengambil Keputusan.

 independence          Bank Raya is managed              •   Bank Raya avoids unfair domination by any stakeholder and is not influenced by unilateral interests and is free from
                       professionally, objectively,          conflict of interest.
                       free from conflict of interest    •   Bank Raya makes decisions objectively and is free from pressure from any party.
                       and from any pressure from
                       any party in making decision.




282 PT Bank Raya Indonesia Tbk
Page 283
       Analisis dan Pembahasan Manajemen                       Tata Kelola Perusahaan                          Laporan Keberlanjutan                    Laporan Keuangan Audit
       Management Discussion and Analysis                      Good Corporate Governance                       Sustainability Report                    Audited Financial Report




 Prinsip-prinsip GCG            Penjelasan                                                                     Implementasi
   GCG Principles               Description                                                                   Implementation

 Kewajaran             Keadilan dan kesetaraan           •   Bank Raya memperhatikan kepentingan seluruh stakeholders berdasarkan asas kesetaraan dan kewajaran (equal
                       memenuhi hak-hak                      treatment).
                       pemangku kepentingan yang         •   Bank Raya memberikan kesempatan kepada seluruh stakeholders untuk memberikan masukan dan menyampaikan
                       timbul berdasarkan perjanjian         pendapat bagi kepentingan Bank Raya serta membuka akses terhadap informasi sesuai dengan prinsip keterbukaan
                       dan peraturan perundang-
                       undangan yang berlaku.
                                                         •   Bank Raya considers the interests of all stakeholders based on the principles of equality and fairness (equal treatment).
                       Fair and equality in fulfilling   •   Bank Raya provides an opportunity for all stakeholders to provide input and express opinions in the interests of Bank
 Fairness              stakeholders’ rights that arise       Raya and provides access to information in accordance with the principle of transparency.
                       based on agreements and
                       applicable laws and
                       regulations.



Selain kelima prinsip GCG tersebut, sejalan dengan Prinsip Governansi                        In addition to the five GCG principles, in line with the Principles of Indonesian
Korporat Indonesia, Bank Raya juga menerapkan empat pilar governansi                         Corporate Governance, Bank Raya also implements four pillars of corporate
korporat sebagaimana yang diatur dalam Pedoman Umum Governansi                               governance as regulated in the General Guidelines for Indonesian Corporate
Korporat Indonesia (PUGKI). Keempat pilar yang dimaksud terdiri dari                         Governance (PUGKI). These four pillars consist of ethical behavior,
perilaku beretika, transparansi, akuntabilitas, dan keberlanjutan dimana                     transparency, accountability, and sustainability, where the pillars of
pilar transparansi dan akuntabilitas telah dijelaskan pada kelima prinsip                    transparency and accountability have been explained in the five GCG
GCG di atas. Pilar perilaku beretika dilaksanakan dengan pendekatan                          principles above. The pillars of ethical behavior are implemented with an
yang mengutamakan kejujuran, memperlakukan semua pihak dengan                                approach that prioritizes honesty, treating all parties with respect, fulfilling
hormat (respect), memenuhi komitmen, membangun serta menjaga nilai-                          commitment, building and maintaining moral values and trust consistently.
nilai moral dan kepercayaan secara konsisten.

Pilar perilaku beretika tersebut telah diadopsi oleh Bank sebagaimana                        The pillar of ethical behavior has been adopted by the Bank as explained
yang dijelaskan dalam Pedoman Standar Perilaku Kode Etik yang disahkan                       in the Code of Conduct Standards Guidelines, which were ratified under
melalui Surat Keputusan Direksi No. Kpts B.616/DIR.01.02/OJL/11/2021                         the Board of Directors’ Decision No. Kpts B.616/DIR.01.02/OJL/11/2021
tanggal 15 November 2021 tentang Kebijakan Kode Etik Bank Raya. Kode                         dated November 15, 2021, on Bank Raya’s Code of Conduct Policy. The
etik [1.1][1.2] dan perilaku menjadi pedoman semua pihak di Bank dalam                       code of conduct serves as a guideline for all parties at the Bank in carrying
menjalankan kegiatan usaha maupun operasi secara beretika dan                                out business activities and operations ethically and with integrity. The code
berintegritas. Kode etik dan perilaku bersifat dinamis, dan senantiasa                       of conduct is dynamic and constantly updated to align with developments
diperbaharui agar selaras dengan perkembangan regulasi, norma serta                          in regulations, norms, and Bank Raya's business.
bisnis Bank Raya.

Terakhir, pilar keberlanjutan terkait dengan pelaksanaan tanggung jawab                      Lastly, the sustainability pillar relates to the implementation of responsibilities
terhadap masyarakat dan lingkungan agar berkontribusi pada pembangunan                       towards society and the environment in order to contribute to sustainable
berkelanjutan melalui kerjasama dengan semua pemangku kepentingan                            development through collaboration with all relevant stakeholders to improve
terkait untuk meningkatkan kehidupan mereka dengan cara yang selaras                         their lives in a manner that aligns with business interests and the sustainable
dengan kepentingan bisnis dan agenda pembangunan berkelanjutan.                              development agenda. This pillar is realized, among other things, through
Pilar ini diantaranya diwujudkan melalui pelaksanaan tanggung jawab                          the implementation of social and environmental responsibility (TJSL) as
sosial dan lingkungan (TJSL) sebagaimana yang diatur dalam Surat Edaran                      regulated in Circular Letter No. SE.B.21/Dir.01.4/PCP/CMG/2025 dated
No SE.B.21/Dir.01.4/PCP/CMG/2025 tanggal 28 Mei 2025 tentang Pedoman                         May 28, 2025 concerning Guidelines for the Implementation of Social and
Pelaksanaan Tanggung Jawab Sosial dan Lingkungan (TJSL) dan Corporate                        Environmental Responsibility (TJSL) and Corporate Social Responsibility
Social Responsibility (CSR).                                                                 (CSR).

Selanjutnya, Bank Raya juga telah memiliki Pedoman Pelaksanaan Rencana                       Furthermore, Bank Raya also has Guidelines for the Implementation of a
Aksi Keuangan Berkelanjutan sebagai bentuk kepatuhan Bank terhadap                           Sustainable Finance Action Plan as a form of the Bank's compliance with
POJK No. 51/POJK.03/2017 tentang Penerapan Keuangan Berkelanjutan                            POJK No. 51/POJK.03/2017 on the Implementation of Sustainable Finance
bagi Lembaga Jasa Keuangan (LJK), Emiten, dan Perusahaan Publik.                             for Financial Services Institutions (LJK), Issuers, and Public Companies.
Pelaporan pelaksanaan TJSL sebagai bagian dari aspek lingkungan, sosial,                     Reporting on the implementation of TJSL as part of the environmental,
dan tata kelola dapat dilihat di Laporan Keberlanjutan yang disajikan                        social, and governance aspects can be seen in the Sustainability Report,
terpisah dari Laporan Tahunan ini.                                                           which is presented separately from this Annual Report.



Implementasi GCG Perusahaan Tahun Buku 2025
Implementation of the Company’s GCG in The 2025 Fiscal Year

Bank Raya melaksanakan beragam kegiatan dalam rangka penerapan                               Bank Raya conducts various activities to implement Good Governance
Tata Kelola yang Baik berdasarkan prinsip-prinsip GCG dan Pedoman                            based on the GCG principles and the General Guidelines for Indonesian
Umum Governansi Korporat Indonesia di atas yang dapat diringkas sebagai                      Corporate Governance, which can be summarized as follows:
berikut:
•    Secara kumulatif, Bank Raya telah melakukan penerbitan beragam                          •    Cumulatively, Bank Raya issued various regulations throughout 2025,
     ketentuan selama tahun 2025 yang terdiri dari 5 kebijakan umum, 68                           consisting of 5 general policies, 68 implementation guidelines, 6
     pedoman pelaksanaan, 6 petunjuk pelaksanaan, dan 62 standar                                  implementation instructions, and 62 standard operating procedures,
     operasional prosedur selama tahun 2025 sebagai realisasi komitmen                            as a manifestation of the Bank's commitment to implementing best
     Bank atas penerapan praktik terbaik Tata Kelola Perusahaan yang                              practices in Good Corporate Governance at every level of the
     Baik di setiap jenjang organisasi.                                                           organization.
•    Dari beragam ketentuan tersebut diatas, beberapa ketentuan baru                         •    Of the various provisions mentioned above, several new provisions
     yang dijelaskan di bab GCG dari Laporan Tahunan dan Laporan                                  are explained in the GCG chapter of this Annual Report and Sustainability
     Berkelanjutan ini adalah sebagai berikut:                                                    Report, as follows:



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         Ikhtisar Kinerja                        Laporan Manajemen                    Profil Perusahaan                   Tinjauan Pendukung Bisnis
         Performance Highlights                  Management Report                    Company Profile                     Overview of Business Support Units




    a.    Pembaharuan atas Kebijakan Umum Pedoman Tata Kelola                        a.   Updates to the General Policy on Good Corporate Governance
          Perusahaan yang Baik (GCG) yang telah disahkan melalui Surat                    (GCG) Guidelines, which were ratified through Board of Directors’
          Keputusan Direksi No. SK. B.128/Dir.01.02/PCP/LCA/05/2024                       Decision No. SK. B.128/Dir.01.02/PCP/LCA/05/ 2024 dated May
          tanggal 28 Mei 2024 tentang Kebijakan Umum Penerapan Tata                       28, 2024, on the General Policy on the Implementation of Good
          Kelola Perusahaan yang Baik (Good Corporate Governance) dan                     Corporate Governance, replacing the previous provisions stipulated
          menggantikan ketentuan sebelumnya yang ditetapkan melalui                       through Board of Directors’ Decision No. SK: B.349/Dir.01.02/
          Surat Keputusan Direksi No. SK: B.349/Dir.01.02/ PCP/07/2022                    PCP/07/2022 dated July 26, 2022.
          tanggal 26 Juli 2022.
    b. Pembaharuan atas Kebijakan Umum Manajemen Risiko                              b.   Updates to the General Risk Management Policy as stipulated in
          sebagaimana yang tertuang dalam Surat Keputusan Direksi                         Board of Directors’ Decision No. SK.B.350/Dir.01.04/PCP/ERM/09/
          No.SK.B.350/Dir.01.04/PCP/ERM/09/2024 tanggal 30 September                      2024 dated September 30, 2024, on the General Risk Management
          2024 tentang Kebijakan Umum Manajemen Risiko yang                               Policy, which replaces the previous provisions stipulated in Board
          menggantikan ketentuan sebelumnya sebagaimana yang tertuang                     of Directors’ Decision No. B.224/Dir.01.03/ PCP/07/2023 on the
          dalam Surat Keputusan Direksi No. B.224/Dir.01.03/PCP/07/2023                   General Risk Management Policy.
          tentang Kebijakan Umum Manajemen Risiko.
    c. Pembaharuan atas Pedoman Pelaksanaan Kode Etik sebagaimana                    c.   Updates to the Code of Conduct Implementation Guidelines as
          yang ditetapkan melalui Surat Edaran Direksi No. SE. B.13/Dir.01.04/            stipulated in Board of Directors’ Circular No. SE. B.13/Dir.01.04/
          PCP/ LCA/04/2024 tanggal 5 April 2024 tentang Pedoman                           PCP/LCA/04/2024 dated April 5, 2024, on the Code of Conduct
          Pelaksanaan Kode Etik yang menggantikan ketentuan sebelumnya                    Implementation Guidelines, which replaces the previous provisions
          sebagaimana yang diatur dalam Surat Keputusan Direksi No. Kpts                  stipulated in Board of Directors’ Decision No. Kpts B.616/Dir.01.02/
          B.616/Dir.01.02/OJL/11/2021 tanggal 15 November 2021.                           OJL/11/2021 dated November 15, 2021.
    d. Pembaharuan atas Pedoman Pelaksanaan Anti Penyuapan dan                       d.   Updates to the Anti-Bribery and Gratification Control Implementation
          Pengendalian Gratifikasi sebagaimana yang ditetapkan melalui                    Guidelines as stipulated in the Board of Directors' Circular No. SE
          Surat Edaran Direksi No. SE B.14/DIR.03.04/PCP/LCA/04/2024                      B.14/DIR.03.04/PCP/LCA/04/2024 dated April 23, 2024, on the
          tanggal 23 April 2024 tentang Pedoman Pelaksanaan Anti                          Anti-Bribery and Gratification Control Implementation Guidelines,
          Penyuapan dan Pengendalian Gratifikasi yang menggantikan                        which replaces the previous provisions stipulated in the Board of
          ketentuan sebelumnya yang diatur dalam Surat Edaran Direksi                     Directors' Circular No. SE:B.61/DIR.01.04/PCP/LCA/12/2023 dated
          No.SE:B.61/DIR.01.04/PCP/LCA/12/2023 tanggal 18 Desember                        December 18, 2023.
          2023.
    e. Pembaharuan atas Pedoman Pelaksanaan Pengadaan Barang                         e.   Updates to the Goods and/or Services Procurement Implementation
          dan/atau Jasa yang ditetapkan melalui Surat Edaran Direksi No.                  Guidelines as stipulated in the Board of Directors' Circular No. SE.
          SE. B.16A/Dir.03.05/ PCP/DOP/04/2024 tanggal 25 April 2024                      B.16A/Dir.03.05/PCP/DOP/04/2024 dated April 25, 2024, on
          tentang Pedoman Pelaksanaan Pengadaan Barang dan/ atau                          Guidelines for the Implementation of Procurement of Goods and/
          Jasa.                                                                           or Services.
    f.    Pembaharuan atas Pedoman Pelaksanaan Penanganan &                          f.   Updates to the Guidelines for the Implementation of Handling
          Penyelesaian Pengaduan Nasabah yang ditetapkan melalui                          and Resolution of Customer Complaints stipulated in Board of
          Surat Edaran Direksi No. SE. B.17/Dir.03.04/PCP/DOP/04/2024                     Directors’ Circular No. SE. B.17/Dir.03.04/PCP/ DOP/04/2024
          tanggal 29 April 2024 tentang Pedoman Pelaksanaan Penanganan                    dated April 29, 2024, on Guidelines for the Implementation of
          & Penyelesaian Pengaduan Nasabah.                                               Handling and Resolution of Customer Complaints.
•   Pelaksanaan RUPS Tahunan yang telah sesuai dengan ketentuan                  •   Implementation of the Annual GMS in accordance with the provisions
    POJK No.15/POJK.04/2020 tentang Rencana dan Penyelenggaraan                      of POJK No. 15/POJK.04/2020 on the Planning and Implementation
    Rapat Umum Pemegang Saham Perusahaan Terbuka dan POJK No.                        of General Meetings of Shareholders of Public Companies and POJK
    16/POJK.04/2020 Tahun 2020 tentang Tentang Pelaksanaan Rapat                     No. 16/POJK.04/2020 of 2020 on the Implementation of General
    Umum Pemegang Saham Perusahaan Terbuka Secara Elektronik.                        Meetings of Shareholders of Public Companies Electronically. The
    Pelaksanaan RUPST yang masing-masing diselenggarakan pada                        AGMS, held on June 25, 2025, and July 17, 2025, were attended by
    tanggal 25 Juni 2025 dan 17 Juli 2025 dihadiri oleh semua anggota                all members of the Board of Commissioners and Directors serving
    Dewan Komisaris dan Direksi yang menjabat pada periode tersebut                  during those terms, and the decisions of both types of GMS were
    serta keputusan kedua jenis RUPS tersebut telah dibuat Akta Notaris.             notarized.
•   Penyelenggaraan Rapat Dewan Komisaris yang diselenggarakan                   •   The Board of Commissioners’ Meetings were held 12 times during
    sebanyak 12 kali selama tahun 2025 dibandingkan ketentuan minimal                2025, compared to the minimum meeting requirement of at least 1
    rapat paling kurang 1 (satu) kali dalam 2 bulan                                  (one) time in 2 months.
•   Penyelenggaraan Rapat Direksi yang diselenggarakan sebanyak 57               •   The Board of Directors’ Meetings were held 57 times during 2025,
    kali selama tahun 2025 dibandingkan ketentuan minimal rapat paling               compared to the minimum meeting requirement of at least 1 (one)
    kurang 1 (satu) kali setiap bulan.                                               time in per month.
•   Pelaksanaan Rapat Gabungan antara Dewan Komisaris dan Direksi                •   The Joint Meetings between the Board of Commissioners and Board
    sebanyak 12 kali selama tahun 2025 dibandingkan ketentuan minimal                of Directors were held 12 times during 2025, compared to the minimum
    rapat paling kurang 1 (satu) kali dalam 4 (empat) bulan.                         meeting requirement of at least 1 (one) time in 4 (four) months.
•   Pelaksanaan rapat Komite Audit sebanyak 16 kali selama tahun 2025            •   The Audit Committee’s Meetings were held 16 times during 2025,
    dibandingkan ketentuan minimal rapat paling kurang 1 (satu) kali                 compared to the minimum meeting requirement of at least 1 (one)
    dalam 1 (satu) bulan.                                                            time in 1 (one) month.
•   Pelaksanaan rapat Komite Remunerasi dan Nominasi sebanyak 8 kali             •   The Remuneration and Nomination Committee held 8 meetings in
    selama tahun 2025 dibandingkan ketentuan minimal rapat paling                    2025, compared to the minimum requirement of at least 1 (one)
    kurang 1 (satu) kali dalam 3 (tiga) bulan.                                       meeting every 3 (three) months.
•   Pelaksanaan rapat Komite Pemantau Risiko sebanyak 20 kali selama             •   The Risk Monitoring Committee held 20 meetings in 2025, compared
    tahun 2025 dibandingkan ketentuan minimal rapat paling kurang 1                  to the minimum requirement of at least 1 (one) meeting every 1 (one)
    (satu) kali dalam 1 (satu) bulan.                                                month.




284 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                  Tata Kelola Perusahaan                           Laporan Keberlanjutan                             Laporan Keuangan Audit
       Management Discussion and Analysis                 Good Corporate Governance                        Sustainability Report                             Audited Financial Report




Struktur dan Kerangka Tata Kelola
Governance Framework and Structure

Struktur Tata Kelola
Governance Structure [GRI 2-9]

Bank Raya telah memiliki struktur GCG atau susunan organisasi penerapan            Bank Raya has a GCG structure or organizational structure for implementing
tata kelola yang dibentuk mengacu pada Kebijakan Umum Penerapan Tata               governance that is formed with reference to the latest General Policy for
Kelola Perusahaan yang Baik terkini sebagai berikut:                               the Implementation of Good Corporate Governance as follows:




                                                                    RUPS
                                                                    GMS




                        Dewan Komisaris                                                                            Direksi
                      Board of Commissioner                                                                    Board of Director




                                                                                                                                    Sekretaris Perusahaan
                                                                                    Komite Manajemen Risiko                          Corporate Secretary
                                Komite Audit                                          Risk Management
                              Audit Committee                                             Committee


                           Komite Remunerasi &                                       Komite Pengarah Teknologi
                                Nominasi                                                  Sistem Informasi                           Hubungan Investor
                             Remuneration and                                     Information Systems Technology                      Investor relation
                           Nomination Committee                                         Steering Committee



                           Komite Pemantau Risiko                                                                                Divisi Legal & Compliance
                          Risk Monitoring Committee                                Asset & Liability Committee                 Legal and Compliance Division




                                                                                         Komite Produk                                  Audit Internal
                                                                                       Product Committee                              Internal Audit Unit



                                                                                                                                   Divisi Enterprise Risk
                                                                                          Komite Kredit                                Management
                                                                                        Credit Committee                        Enterprise Risk Management
                                                                                                                                           Division


                                                                                        Komite Kebijakan
                                                                                           Perkreditan
                                                                                     Credit Policy Committee




Berdasarkan bagan tersebut, terdapat 3 (tiga) organ utama GCG yang                 Based on the chart, there are 3 (three) main GCG organs: the General
terdiri dari Rapat Umum Pemegang Saham (RUPS), Dewan Komisaris, dan                Meeting of Shareholders (GMS), the Board of Commissioners, and the Board
Direksi. Selain ketiga organ utama, Bank Raya masih memiliki 14 (empat             of Directors. In addition to these three main organs, Bank Raya has 14
belas) komponen lainnya yang menjadi bagian dari susunan organisasi                (fourteen) other components that form part of its organizational structure.
tersebut. Keempat belas komponen tersebut terdiri dari 3 (tiga) komite di          These fourteen components comprise 3 (three) committees under the Board
bawah Dewan Komisaris yang terdiri dari Komite Audit, Komite Pemantau              of Commissioners: the Audit Committee, the Risk Monitoring Committee,
Risiko, dan Komite Remunerasi & Nominasi.                                          and the Remuneration & Nomination Committee.

Selanjutnya, komponen lainnya adalah 6 (enam) komite di bawah Direksi              Furthermore, there are 6 (six) committees under the Board of Directors: the
yang terdiri dari Komite Manajemen Risiko, Komite Asset & Liability Committee      Risk Management Committee, the Asset & Liability Committee (ALCO), the
(ALCO), Komite Kebijakan Perkreditan, Komite Pengarah Teknologi Sistem             Credit Policy Committee, the Information System Technology Steering
Informasi, Komite Kredit, dan Komite Produk. Komponen di bawah Direksi             Committee, the Credit Committee, and the Product Committee. Other
lainnya adalah Sekretaris Perusahaan, Hubungan Investor, dan 3 (tiga)              components under the Board of Directors include the Corporate Secretary,
satuan kerja yang dibentuk oleh Direksi yakni Audit Internal, Fungsi Kepatuhan,    Investor Relations, and 3 (three) work units established by the Board of
dan Manajemen Risiko. Sebagai catatan, fungsi kepatuhan dijalankan                 Directors: Internal Audit, Compliance Function, and Risk Management. The
oleh Divisi Legal & Compliance sedangkan satuan kerja manajemen risiko             compliance function is carried out by the Legal & Compliance Division,
berada dalam lingkup kerja Divisi Enterprise Risk Management.                      while the risk management work unit falls within the scope of the Enterprise
                                                                                   Risk Management Division.

Dengan demikian, susunan organisasi penerapan tata kelola Bank Raya                Therefore, Bank Raya's organizational structure for implementing good
tersebut telah sesuai dengan POJK No. 17 Tahun 2023 tentang Penerapan              corporate governance complies with POJK No. 17 of 2023 on the
Tata Kelola bagi Bank Umum (selanjutnya disingkat POJK Penerapan Tata              Implementation of Governance for Commercial Banks (hereinafter
Kelola bagi Bank Umum).                                                            abbreviated as POJK on the Implementation of Governance for Commercial
                                                                                   Banks).




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        Ikhtisar Kinerja                           Laporan Manajemen                     Profil Perusahaan                    Tinjauan Pendukung Bisnis
        Performance Highlights                     Management Report                     Company Profile                      Overview of Business Support Units




Kerangka Tata Kelola
Governance Framework

Selanjutnya, penerapan tata kelola oleh susunan organisasi penerapan tata          Furthermore, the implementation of governance by the organizational structure
kelola yang melibatkan segenap insan Bank Raya mencakup 3 (tiga) aspek             of governance implementation, which involves all Bank Raya employees,
tata kelola (governance) yakni governance structure, governance process, dan       encompasses 3 (three) aspects of governance: governance structure, governance
governance outcome. Governance structure merupakan struktur tata kelola            process, and governance outcome. The governance structure comprises the
yang terdiri dari organ utama dan organ pendukung Perusahaan. Governance           Company's primary and supporting organs. The governance process is the
process adalah sebuah proses dan mekanisme kerja yang dilakukan oleh               process and working mechanism carried out by the Company's governance
organ tata kelola Perusahaan sedangkan governance outcome hasil dari               organs, while the governance outcome is the result of governance implementation
penerapan tata kelola untuk mencapai tujuan akhir yaitu “Corporate Citizenship”.   to achieve the ultimate goal of "Corporate Citizenship." These three governance
Ketiga kerangka tata Kelola Bank Raya tersebut dijelaskan sebagai berikut.         frameworks at Bank Raya are explained below.


Governance Structure                                                               Governance Structure
Bank Raya telah memiliki struktur organisasi yang lebih dinamis dan selaras        Bank Raya has a more dynamic organizational structure aligned with the
dengan visi dan misi Bank sebagaimana dijelaskan di bagan sebelumnya.              Bank's vision and mission, as described in the previous chart. Bank Raya
Bank Raya juga telah melakukan pengkinian kebijakan internal antara lain           has also updated its internal policies, including those in credit, operations,
di bidang perkreditan, operasional, produk, dan teknologi informasi yang           products, and information technology, in accordance with the latest
disesuaikan dengan ketentuan regulator terbaru sebagai penunjang jalannya          regulatory requirements to support the Bank's operations. Bank Raya has
operasional Bank. Bank Raya juga telah memberikan kesempatan pelatihan             also provided training opportunities for all employees to improve their skills
bagi seluruh pekerja untuk meningkatkan skill dan kemampuan pekerja                and abilities to enhance the Company's performance through training,
dalam rangka peningkatan kinerja Perusahaan melalui pelatihan, webinar             webinars, and seminars, both internally and externally.
maupun seminar baik yang dilakukan secara internal maupun eksternal.

Selain itu, Bank telah menyusun dan menerapkan strategi anti-fraud                 Furthermore, the Bank has developed and implemented an anti-fraud
termasuk menerapkan Sistem Manajemen Anti Penyuapan, serta membentuk               strategy, including an Anti-Bribery Management System, and established
Unit Kerja atau fungsi yang bertugas menangani penerapan strategi anti-            a Work Unit or function tasked with managing the implementation of anti-
fraud dalam organisasi Bank disamping menyampaikan Rencana Aksi                    fraud strategy within the Bank's organization. In addition to submitting a
Keuangan Berkelanjutan kepada OJK setiap tahun. Terakhir, Bank Raya                Sustainable Finance Action Plan to the Financial Services Authority (OJK)
sebagai anggota kelompok usaha bank telah melakukan sinergi perbankan              annually, Bank Raya, as a member of the banking business group, has
dalam bentuk dukungan komite dari entitas induk sesuai dengan ketentuan            established banking synergy through committee support from the parent
perundang-undangan.                                                                entity, in accordance with laws and regulations.


Governance Process                                                                 Governance Process
Bank Raya telah menjalankan proses tata Kelola dengan baik yang ditunjukkan        Bank Raya has implemented sound governance processes, as demonstrated
dengan pelaksanaan kegiatan operasional Bank telah didukung dengan                 by the Bank's operational activities being supported by adequate policies
kebijakan dan prosedur yang memadai, tugas dan kewenangan yang jelas               and procedures, clear duties and authorities, including limits on decision-
termasuk adanya limit dalam pengambilan keputusan sehingga mencerminkan            making, thus reflecting the effectiveness of GCG implementation process.
efektivitas proses penerapan GCG. Pemegang saham pengendali juga turut             The controlling shareholder also supports the Bank's sound business
serta mendukung terlaksananya kegiatan usaha Bank yang sehat dan                   operations and maintains its business continuity. This is evident in Bank
menjaga kesinambungan usaha Bank. Hal ini terlihat dari keikutsertaan Bank         Raya's participation in BRI ecosystem, such as financing to BRILink Agents
Raya dalam ekosistem BRI seperti melakukan pembiayaan kepada Agen                  and collaboration on the use of BRI watchlist data.
BRILink dan Kerjasama pemanfaatan data watchlist BRI.

Selain itu, Bank Raya juga melakukan penerapan Fungsi Kepatuhan secara             Furthermore, Bank Raya optimally implements its Compliance Function in
optimal pada setiap aktivitas Bank antara lain dengan melakukan uji                all its activities, including conducting compliance tests on every decision-
kepatuhan pada setiap pengambilan keputusan Direksi, Kebijakan Bidang              making process by the Board of Directors, Credit and Non-Credit Policies,
Perkreditan dan Non Perkreditan, Perjanjian Kerjasama Bidang Perkreditan           and Cooperation Agreements in the Credit and Non-Credit Sectors. Bank
dan Non Perkreditan. Satuan Kerja Kepatuhan Bank Raya juga telah                   Raya’s Compliance Work Unit has also conducted monitoring and coaching
melakukan kegiatan monitoring dan pembinaan kepada beberapa Unit                   activities for several Operational Work Units to enhance understanding of
Kerja Operasional dalam rangka meningkatkan pemahaman tentang                      the Legal and Compliance Functions. Furthermore, Bank BRI, as the parent
Fungsi Legal dan Fungsi Kepatuhan. Selanjutnya, secara triwulanan Bank             entity, monitors and evaluates the implementation of Compliance Function
BRI sebagai entitas induk melakukan pemantauan dan evaluasi terhadap               and GCG in all subsidiaries on a quarterly basis, as part of its Integrated
pelaksanaan Fungsi kepatuhan dan penerapan GCG pada semua entitas                  Governance implementation.
anak dalam rangka pelaksanaan Tata Kelola Terintegrasi.


Governance Outcome                                                                 Governance Outcome
Bank Raya telah menyusun dan menyajikan laporan dengan tata cara,                  Bank Raya has prepared and presented reports with procedures, types,
jenis, dan cakupan sesuai dengan ketentuan regulator mengenai transparansi         and scopes in accordance with regulatory provisions regarding transparency
dan publikasi laporan Bank. Bank Raya juga melakukan pengungkapan                  and publication of Bank reports. Bank Raya also provides adequate disclosure
dan transparansi informasi baik kondisi keuangan maupun non-keuangan               and transparency of information on both financial and nonfinancial conditions
secara memadai kepada stakeholders termasuk mengumumkan Laporan                    to stakeholders, including announcing quarterly Published Financial
Keuangan Publikasi triwulanan, Suku Bunga Dasar Kredit (SBDK) dan                  Statements, Prime Lending Rates (SBDK), and reporting them to OJK or
melaporkannya kepada OJK atau stakeholders. Terakhir, pencapaian                   stakeholders. Lastly, Bank Raya's performance achievement based on the
kinerja Bank Raya berdasarkan target yang telah ditetapkan di dalam                targets set in the Bank's Business plan has been carried out adequately,
rencana Bisnis Bank telah dilakukan secara memadai, khususnya terkait              especially regarding the transformation process of Bank Raya into a Digital
proses transformasi Bank Raya menjadi Bank Digital.                                Bank.


286 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen              Tata Kelola Perusahaan                 Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis             Good Corporate Governance              Sustainability Report                 Audited Financial Report




Rapat Umum Pemegang Saham (RUPS)
General Meeting of Shareholders (GMS)

Bank Raya, sebagai sebuah perusahaan terbuka yang tercatat di Bursa          Bank Raya, as a public company listed on the Indonesia Stock Exchange,
Efek Indonesia, dalam melaksanakan Rapat Umum Pemegang Saham                 in implementing the General Meeting of Shareholders (GMS) is guided by
(RUPS) berpedoman pada POJK No. 15/POJK.04/2020 tentang Rencana              POJK No. 15 / POJK.04 / 2020 concerning the Planning and Implementation
dan Penyelenggaraan Rapat Umum Pemegang Saham Perusahaan                     of General Meetings of Shareholders of Public Companies and POJK No.
Terbuka dan POJK No. 14/POJK.04/2025 Tahun 2020 tentang Tentang              14 / POJK.04 / 2025 of 2020 concerning the Implementation of General
Pelaksanaan Rapat Umum Pemegang Saham, Rapat Umum Pemegang                   Meetings of Shareholders, General Meetings of Bondholders, and General
Obligasi , dan Rapat Umum Pemegang Sukuk secara elektronik Perusahaan        Meetings of Sukuk Holders electronically for Public Companies Electronically.
Terbuka Secara Elektronik. Secara internal, pelaksanaan RUPS mengacu         Internally, the implementation of the GMS refers to Bank Raya's Articles of
pada Anggaran Dasar Bank Raya.                                               Association.

RUPS, menurut kedua POJK tersebut, adalah organ Perusahaan Terbuka           GMS, as regulated in both POJK, is an organ of a Public Company that has
yang mempunyai wewenang yang tidak diberikan kepada direksi atau             authority that is not given to the Board of Directors or Board of Commissioners
dewan komisaris sebagaimana dimaksud dalam Undang-Undang mengenai            as referred to in the Law on Limited Liability Companies and/or the Articles
perseroan terbatas dan/atau anggaran dasar Perusahaan Terbuka.               of Association of a Public Company. Meanwhile, an electronic GMS is the
Sementara itu, RUPS secara elektronik adalah pelaksanaan RUPS oleh           implementation of a GMS by a Public Company using teleconference
Perusahaan Terbuka dengan menggunakan media telekonferensi, video            media, video conferences, or other electronic media.
konferensi, atau sarana media elektronik lainnya.



Jenis RUPS
Types of GMS

RUPS, menurut Anggaran Dasar Bank Raya, terdiri dari RUPS Tahunan            According to Bank Raya's Articles of Association, the GMS consists of the
(RUPST) dan RUPS Luar Biasa (RUPSLB). Penyelenggaraan RUPST Bank             Annual GMS and Extraordinary GMS. The Bank's AGMS is held annually, no
adalah setiap tahun, paling lambat 6 (enam) bulan setelah tahun buku         later than 6 (six) months after the close of Bank Raya's fiscal year, while an
Bank Raya ditutup sedangkan RUPSLB dapat dilakukan sewaktu-waktu             EGMS can be held at any time as needed, as stipulated in the Articles of
berdasarkan kebutuhan sebagaimana yang diatur dalam Anggaran Dasar.          Association.



Ketentuan Penyelenggaraan RUPS
Provisions for Holding a GMS

Anggaran Dasar Bank Raya mengatur bahwa Direksi menyelenggarakan             Bank Raya's Articles of Association stipulate that the Board of Directors
RUPST dan RUPSLB atas permintaan Dewan Komisaris yang diajukan               convenes an AGMS and an EGMS at the request of the Board of Commissioners,
kepada Direksi. Selain itu, permintaan RUPS oleh pemegang saham dengan       submitted to the Board of Directors. Furthermore, requests for a GMS by
ketentuan atas permintaan Pemegang Saham Pengendali atau atas                shareholders may be made at the request of the Controlling Shareholder
permintaan seorang atau lebih pemegang saham yang baik sendiri atau          or at the request of one or more shareholders who, individually or jointly,
bersama-sama mewakili 1/10 (satu per sepuluh) atau lebih dari jumlah         represent 1/10 (one-tenth) or more of the total shares with valid voting
seluruh saham dengan hak suara yang sah, dengan memenuhi ketentuan           rights, in accordance with the provisions of the Bank's Articles of Association
Anggaran Dasar Bank dan peraturan perundang-undangan.                        and laws and regulations.

Permintaan penyelenggaraan RUPS dari kedua pihak tersebut di atas diajukan   The request to hold a GMS from both parties above is submitted to the
kepada Direksi dengan surat tercatat beserta alasannya. Permintaan           Board of Directors by a registered letter accompanied by the reasons. The
penyelenggaraan RUPS tersebut harus dilakukan dengan itikad baik,            request to hold a GMS must be made in good faith, considering the Bank’s
mempertimbangkan kepentingan Bank, disertai dengan alasan dari bahan         interests, accompanied by reasons from materials related to the matters
terkait hal yang harus diputuskan dalam RUPS dan tidak bertentangan          that must be resolved in the GMS, and not contrary to laws and regulations
dengan peraturan perundang-undangan dan Anggaran Dasar Bank.                 and the Bank's Articles of Association. Furthermore, the chronology of
Selanjutnya, kronologis penyelenggaraan sesuai ketentuan Anggaran Dasar      implementation according to the provisions of Articles of Association and
dan Otoritas Jasa Keuangan diantaranya adalah sebagai berikut:               Financial Services Authority includes the following:
•    Direksi wajib menyampaikan pemberitahuan mata acara rapat kepada        •    The Board of Directors is required to submit notification of the meeting
     Otoritas Jasa Keuangan paling lambat 5 (lima) hari kerja sebelum             agenda and a registered letter from the Shareholders or the Board of
     pengumuman;                                                                  Commissioners to the Financial Services Authority no later than 5 (five)
                                                                                  working days before the announcement;
•   Direksi wajib melakukan pengumuman RUPS kepada Pemegang                  •    The Board of Directors is required to announce the GMS to Shareholders
    Saham dalam Jangka waktu paling lambat 14 (empat belas) hari                  no later than 14 (fourteen) days from the date the Board of Directors
    terhitung sebelum tanggal pemanggilan;                                        receives the request to hold the GMS;
•   Direksi wajib menyampaikan pemanggilan yang berisi mata acara            •    The Board of directors is required to announce the GMS to Shareholders
    rapat paling lambat 21 (dua puluh satu) hari sebelum RUPS.                    no later than 21 (twenty one) days from the date of the request;
•   Pengumuman termasuk tetapi tidak terbatas melakukan pemanggilan,         •    Announcements include, but are not limited to, the notice, re-notice,
    pemanggilan ulang, dan pengumuman ringkasan risalah RUPS                      and announcement of a summary of the GMS minutes through at least
    setidaknya melalui situs web penyedia e-RUPS, situs web bursa efek,           the e-GMS provider website, the stock exchange website, and the
    dan situs web Perusahaan Terbuka dalam bahasa Indonesia dan                   Public Company website in both Indonesian and English;
    bahasa Inggris;




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         Ikhtisar Kinerja                              Laporan Manajemen                   Profil Perusahaan                       Tinjauan Pendukung Bisnis
         Performance Highlights                        Management Report                   Company Profile                         Overview of Business Support Units




Adapun terkait penyelenggaraan RUPS secara elektronik, Bank Raya                    Regarding the convention of the GMS electronically, Bank Raya is guided
berpedoman pada ketentuan OJK dan Anggaran Dasar. Bank Raya                         by the Regulations of OJK and Articles of Association. Bank Raya is committed
berkomitmen memenuhi ketentuan pengumuman, pemanggilan, dan                         to fulfilling the provisions of announcement, notice, and summary announcement
pengumuman ringkasan melalui situs web penyedia e-RUPS, situs web                   through the e-GMS provider website, stock exchange website, and the
bursa efek, dan situs web Perusahaan. Ketentuan lebih lengkap terkait               Company's website. More complete provisions regarding the convention of
penyelenggaraan RUPS dapat dilihat di Anggaran Dasar Bank terkini.                  the GMS can be seen in the Bank's latest Articles of Association.

Adapun penyelenggaraan RUPST dan RUPSLB selama tahun 2025 dan                       The holding of AGMS and EGMS for 2025 and 2024 is explained below.
2024 dijelaskan berikut ini.


Penyelenggaraan RUPST Tahun 2025                                                    Implementation of The 2025 AGMS for
untuk Tahun Buku 2024                                                               The 2024 Fiscal Year

Bank Raya telah menyelenggarakan RUPS Tahunan (RUPST) pada hari                     Bank Raya held the Annual GMS (AGMS) on Wednesday, June 25, 2025,
Rabu tanggal 25 Juni 2025, pukul 14.58-18.24 WIB yang berlokasi di Menara           at 14.58-18.24 WIB, at BRILiaN Tower, 19th Floor, Jl. Gatot Subroto Kav. 64
BRILiaN Lantai 19 Jl. Gatot Subroto Kav. 64 No. 177A Menteng Dalam,                 No. 177A Menteng Dalam, Tebet, Jakarta Selatan, 12870.
Tebet, Jakarta Selatan, 12870.

Sebelum penyelenggaraan RUPST tersebut, Bank Raya melakukan                         Before the holding of AGMS, Bank Raya made an announcement through
pengumuman melalui situs website Bursa Efek Indonesia (www.idx.co.id),              Indonesia Stock Exchange website (www.idx.co.id), the Company's website
situs web Perusahaan (https://bankraya.co.id/) dan situs website KSEI               (https://bankraya.co.id/), and KSEI website (www.ksei.co.id) on March 23,
(www.ksei.co.id) pada tanggal 23 Maret 2025 untuk rencana pelaksanaan               2025 for the planned implementation of AGMS on April 29, 2025. Following
RUPST tanggal 29 April 2025. Sehubungan dengan adanya perubahan                     the change in the AGMS schedule to June 25, 2025, Bank Raya reannounced
jadwal RUPST menjadi tanggal 25 Juni 2025, Bank Raya kembali melakukan              the AGMS through these three media channels on May 16, 2025.
pengumuman melalui ketiga media tersebut pada tanggal 16 Mei 2025.

Selanjutnya, pada tanggal 2 Juni 2025, Bank Raya melakukan pemanggilan              Subsequently, on June 2, 2025, Bank Raya issued a notice for the AGMS,
RUPST dengan menginformasikan penyelenggaraan RUPST dalam hari/                     informing the holding of AGMS on the day/date, time, place, mechanism,
tanggal, waktu, tempat, mekanisme, dan 12 (dua belas) agenda RUPST.                 and 12 (twelve) items on the AGMS agenda. The notice for the AGMS was
Pemanggilan RUPST ini juga dilakukan melalui situs website Bursa Efek               also made available through Indonesia Stock Exchange website (www.
Indonesia (www.idx.co.id), situs web Perusahaan (https://bankraya.co.id/)           idx.co.id), the Company website (https://bankraya.co.id/), and the KSEI
dan situs website KSEI (www.ksei.co.id).                                            website (www.ksei.co.id).

Penyelenggaraan RUPST tanggal 25 Juni 2025 dilakukan secara elektronik              The AGMS was held on June 25, 2025, electronically through KSEI Electronic
melalui Fasilitas Electronic General Meeting System KSEI (“eASY.KSEI”) dan          General Meeting System (“eASY.KSEI”) and physically, with the following
fisik dengan tahapan penyelenggaraan sebagai berikut:                               implementation stages:


                 Kegiatan                          Tanggal Pelaksanaan                                             Keterangan
                  Activity                         Implementation Date                                               Remark

 Pemberitahuan RUPST kepada Regulator         18 Maret 2025                •   Penyampaian kepada OJK dan PT Bursa Efek Indonesia (BEI)
                                                                           •   Dilakukan 5 (lima) hari kerja sebelum Pengumuman RUPST

 Notification of the AGMS to the Regulators   March 18, 2025               •   Submission to OJK and Indonesia Stock Exchange (IDX)
                                                                           •   Conducted 5 (five) working days before the Announcement of the AGMS
 Pengumuman RUPST                             23 Maret 2025                •   Dipublikasikan dalam Bahasa Indonesia dan Bahasa Inggris melalui situs website Bursa Efek
                                                                               Indonesia (www.idx.co.id), situs web Perusahaan (https://bankraya.co.id/) dan situs website
                                                                               KSEI (www.ksei.co.id)
                                                                           •   Laporan pengumuman disampaikan ke OJK dan BEI pada hari yang sama (hardcopy dan
                                                                               e-reporting via SPE-OJK & IDX-net).
                                                                           •   Dilakukan 14 (empat belas) hari sebelum iklan panggilan dengan tidak memperhitungkan
                                                                               tanggal iklan pemanggilan dan tanggal pengumuman RUPST

 Announcement of the AGMS                     March 23, 2025               •   Published in Indonesian and English through Indonesia Stock Exchange website (www.idx.
                                                                               co.id), the Company website (https://bankraya.co.id/), and KSEI website (www.ksei.co.id).
                                                                           •   Announcement reports were submitted to OJK and IDX on the same day (hardcopy and
                                                                               e-reporting via SPE-OJK & IDX-net).
                                                                           •   Conducted in 14 (four teen) days before the notice advertisement, excluding the date of
                                                                               the notice advertisement and the announcement date of the AGMS.
 Ralat Pengumuman RUPST                       16 Mei 2025                  •   Dipublikasikan dalam Bahasa Indonesia dan Bahasa Inggris melalui situs website Bursa Efek
                                                                               Indonesia (www.idx.co.id), situs web Perusahaan (https://bankraya.co.id/) dan situs website
                                                                               KSEI (www.ksei.co.id)
                                                                           •   Laporan pengumuman disampaikan ke OJK dan BEI pada hari yang sama (hardcopy dan
                                                                               e-reporting via SPE-OJK & IDX-net).
                                                                               Dilakukan 14 (empat belas) hari sebelum iklan panggilan dengan tidak memperhitungkan
                                                                               tanggal iklan pemanggilan dan tanggal pengumuman RUPST

 Revision to the Announcement of the          May 16, 2025                 •   Published in Indonesian and English through Indonesia Stock Exchange website (www.idx.
 AGMS                                                                          co.id), the Company website (https://bankraya.co.id/), and KSEI website (www.ksei.co.id).
                                                                           •   Announcement reports were submitted to OJK and IDX on the same day (hardcopy and
                                                                               e-reporting via SPE-OJK & IDX-net).
                                                                               Conducted in 14 (four teen) days before the announcement of the notice, excluding the
                                                                               announcement date of the notice and the announcement date of the AGMS.




288 PT Bank Raya Indonesia Tbk
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        Analisis dan Pembahasan Manajemen                    Tata Kelola Perusahaan                     Laporan Keberlanjutan                    Laporan Keuangan Audit
        Management Discussion and Analysis                   Good Corporate Governance                  Sustainability Report                    Audited Financial Report




                Kegiatan                          Tanggal Pelaksanaan                                                 Keterangan
                 Activity                         Implementation Date                                                   Remark

 Recording Date Daftar Pemegang Saham        28 Mei 2025                   Tercatat 1 (satu) hari kerja sebelum Pemanggilan RUPST.
 yang berhak hadir dalam RUPST

 Recording Date of List of Shareholders      May 28, 2025                  Recorded 1 (one) working days before the AGMS Notice.
 entitled to attend the AGMS

 Pemanggilan dan informasi penjelasan        2 Juni 2025                   •    Dilakukan 21 (dua puluh satu) hari sebelum pelaksanaan RUPST, dengan tidak memperhitungkan
 mata acara RUPST                                                               tanggal Pemanggilan dan Pelaksanaan RUPST.
                                                                           •    Dipublikasikan dalam Bahasa Indonesia dan Bahasa Inggris melalui situs website Bursa Efek
                                                                                Indonesia (www.idx.co.id), situs web Perusahaan (https://bankraya.co.id/) dan situs website
                                                                                KSEI (www.ksei.co.id)

 Notice and information on the explanation   June 2, 2025                  •    Conducted 21 (twenty one) days before the implementation of the AGMS, excluding the
 of the AGMS agenda items                                                       date of the Notice and Implementation of the AGMS.
                                                                           •    Published in Indonesian and English through Indonesia Stock Exchange website (www.idx.
                                                                                co.id), the Company website (https://bankraya.co.id/) and KSEI website (www.ksei.co.id)
 Pelaksanaan RUPST                           25 Juni 2025                  Penyelenggaraan RUPST secara elektronik dengan menggunakan Aplikasi eASY.KSEI dan
                                                                           memperhatikan POJK No. 16/POJK.04/2016 serta ketentuan Anggaran Dasar Perusahaan. Selain
                                                                           itu, Bank Raya juga menyelenggarakan RUPST secara fisik. Seluruh peserta yang hadir secara fisik
                                                                           maupun elektronik dapat mengikuti dan berpartisipasi aktif dalam RUPST.

 Implementation of the AGMS                  June 25, 2025                 The convention of the AGMS electronically was by using eASY.KSEI Application and observing
                                                                           POJK No. 16/POJK.04/2016 and the provisions of the Company's Articles of Association. In addition,
                                                                           Bank Raya also held a physical AGMS. All participants who were present physically or electronically
                                                                           could attend and actively participate in the AGMS.
 Ringkasan Risalah (Hasil) RUPST             30 Juni 2025                  Penyampaian Ringkasan Risalah (Hasil) RUPST, termasuk hasil pemungutan suara setiap agenda,
 Summary of Minutes (Results) of the AGMS                                  ke OJK dan BEI selambat-lambatnya 2 (dua) hari bursa setelah RUPST.

                                             June 30, 2025                 Submission of the Summary of Minutes (Results) of the AGMS, including the voting results for each
                                                                           agenda item, to OJK and IDX no later than 2 (two) trading days after the AGMS.
                                             30 Juni 2025                  Publikasi Ringkasan Risalah (Hasil) RUPST diunggah dalam Bahasa Indonesia dan Bahasa Inggris
                                                                           di situs web Perusahaan, web BEI, dan situs website KSEI (www.ksei.co.id)

                                             June 30, 2025                 Publication of the Summary of Minutes (Results) of the AGMS is uploaded in Indonesian and
                                                                           English on the Company's website, IDX website, and KSEI website (www.ksei.co.id)
 Akta Risalah RUPST                          24 Juli 2024                  Penyampaian Akta Risalah (Berita Acara) RUPST ke OJK dan BEI 30 (tiga puluh) hari kerja setelah
                                                                           Pelaksanaan RUPST.

 Deed of Minutes of the AGMS                 July 24, 2024                 Submission of the Deed of Summary (Minutes) of the AGMS to OJK and IDX 30 (Thirty) working
                                                                           days after the AGMS is held.




Anggota Direksi dan Dewan Komisaris Perseroan                                         Members of the Board of Directors and Board of
yang Hadir dalam Rapat                                                                Commissioners of the Company who were Present
                                                                                      at the Meeting
Daftar anggota Dewan Komisaris dan Direksi Bank Raya yang menghadiri                  The list of members of the Board of Commissioners and Board of Directors
RUPST disajikan terpisah dan dapat dilihat di bagian Dewan Komisaris dan              of Bank Raya who attended the AGMS is presented separately and can
Direksi dari Bab Tata Kelola Perusahaan ini.                                          be found in the Board of Commissioners and Board of Directors section of
                                                                                      this Corporate Governance Chapter.


Kehadiran Pemegang Saham                                                              Shareholders’ Attendance
Saham yang hadir dan/atau diwakili dalam Rapat berjumlah 22.098.843.356               The number of shares present and/or represented at the Meeting amounted
saham yang setara dengan 89,5451765% dari seluruh jumlah saham                        to 22,098,843,356 shares, equivalent to 89.5451765% of the total number
dengan hak suara yang sah yang telah dikeluarkan Bank Raya.                           of shares with valid voting rights issued by Bank Raya.


Mekanisme Pengambilan Keputusan Rapat                                                 Mechanism for Adopting Meeting Resolutions
Keputusan dalam Rapat diambil berdasarkan musyawarah untuk mufakat.                   The Meeting resolutions were adopted based on deliberation for consensus.
Dalam hal musyawarah untuk mufakat tidak tercapai, maka keputusan                     In the event that deliberation for consensus is not achieved, resolutions
diambil dengan pemungutan suara.                                                      were adopted by voting.


Pihak Independen Penghitung Suara                                                     Independent Vote Counting Party
Penghitungan suara untuk dasar pengambilan keputusan Rapat dilakukan                  The vote counting for the basis of adopting the Meeting resolutions was
oleh PT Datindo Entrycom selaku Biro Administrasi Efek. Selanjutnya,                  conducted by PT Datindo Entrycom as the Securities Administration Bureau.
validasinya dilaksanakan oleh oleh M. Nova Faisal, S.H., M.Kn, Notaris di             Furthermore, the validation was carried out by M. Nova Faisal, S.H., M.Kn,
Kota Jakarta Selatan, yang keduanya ditunjuk oleh Perseroan.                          a Notary in South Jakarta, both appointed by the Company.




                                                                                               Laporan Tahunan & Laporan Keberlanjutan
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           Ikhtisar Kinerja                            Laporan Manajemen                               Profil Perusahaan                        Tinjauan Pendukung Bisnis
           Performance Highlights                      Management Report                               Company Profile                          Overview of Business Support Units




Kesempatan Mengajukan Pertanyaan dan/atau                                                        Opportunity to Convey Questions and/or Opinions,
Pendapat, serta Hasil Pemungutan Suara dalam                                                     and Voting Results at the Meeting
Rapat
Para Pemegang Saham atau kuasanya telah diberikan kesempatan untuk                               Shareholders or their proxies have been given the opportunity to convey
mengajukan pertanyaan dan/atau pendapat dalam setiap Mata Acara                                  questions and/or opinions in each Meeting Agenda Item. The number of
Rapat. Jumlah Pemegang Saham atau kuasanya, baik yang hadir fisik dan/                           Shareholders or their proxies, both physically and/or electronically present,
atau elektronik, yang mengajukan pertanyaan dan/atau pendapat dalam                              who submitted questions and/or opinions at the Meeting, and the results
Rapat, serta hasil pengambilan keputusan melalui pemungutan suara yang                           of adopting resolutions through voting, including e-Proxy votes through
didalamnya termasuk suara e-Proxy melalui eASY.KSEI sebagai berikut:                             eASY.KSEI, are as follows:


                                                                                                                                                                         Pertanyaan/
         Mata Acara                  Setuju                          Tidak Setuju                           Abstain                         Total Setuju*                 Pendapat
         Agenda Item                 Agree                             Disagree                             Abstain                         Total Agree                   Questions/
                                                                                                                                                                           Opinions

 Kesatu                   22.098.292.656 suara atau        0 suara atau mewakili 0% dari          550.700 suara atau mewakili     22.098.843.356 suara atau             2 (dua)
                          mewakili 99,9975080% dari        seluruh saham dengan hak suara         0,0024920% dari seluruh         mewakili 100% dari seluruh
                          seluruh saham dengan hak         yang sah yang hadir dalam Rapat        saham dengan hak suara yang     saham dengan hak suara yang
                          suara yang sah yang hadir                                               sah yang hadir dalam Rapat      sah yang hadir dalam Rapat
                          dalam Rapat

 First                    22,098,292,656 votes or          0 votes or representing 0% of all      550,700 votes or representing   22,098,843,356 votes or               2 (two)
                          representing 99.9975080% of      shares with valid voting rights who    0.0024920% of all shares with   representing 100% of all shares
                          all shares with valid voting     were present at the Meeting            valid voting rights who were    with valid voting rights who were
                          rights who were present at the                                          present at the Meeting          present at the Meeting
                          Meeting
 Kedua                     22.098.292.656 suara atau       0 suara atau mewakili 0% dari          550.700 suara atau mewakili     22.098.843.356 suara atau             - (tidak ada)
                          mewakili 99,9975080% dari        seluruh saham dengan hak suara         0,0024920% dari seluruh         mewakili 100% dari seluruh
                          seluruh saham dengan hak         yang sah yang hadir dalam Rapat        saham dengan hak suara yang     saham dengan hak suara yang
                          suara yang sah yang hadir                                               sah yang hadir dalam Rapat      sah yang hadir dalam Rapat
                          dalam Rapat

 Second                   22,098,292,656 votes or          0 votes or representing 0% of all      550,700 votes or representing   22,098,843,356 votes or               - (none)
                          representing 99.9975080% of      shares with valid voting rights who    0.0024920% of all shares with   representing 100% of all shares
                          all shares with valid voting     were present at the Meeting            valid voting rights who were    with valid voting rights who were
                          rights who were present at the                                          present at the Meeting          present at the Meeting
                          Meeting
 Ketiga                    22.098.292.656 suara atau       0 suara atau mewakili 0% dari          550.700 suara atau mewakili     22.098.843.356 suara atau             - (tidak ada)
                          mewakili 99,9975080% dari        seluruh saham dengan hak suara         0,0024920% dari seluruh         mewakili 100% dari seluruh
                          seluruh saham dengan hak         yang sah yang hadir dalam Rapat        saham dengan hak suara yang     saham dengan hak suara yang
                          suara yang sah yang hadir                                               sah yang hadir dalam Rapat      sah yang hadir dalam Rapat
                          dalam Rapat

 Third                    22,098,292,656 votes or          0 votes or representing 0% of all      550,700 votes or representing   22,098,843,356 votes or               - (none)
                          representing 99.9975080% of      shares with valid voting rights who    0.0024920% of all shares with   representing 100% of all shares
                          all shares with valid voting     were present at the Meeting            valid voting rights who were    with valid voting rights who were
                          rights who were present at the                                          present at the Meeting          present at the Meeting
                          Meeting


 Keempat                   22.098.292.656 suara atau       0 suara atau mewakili 0% dari          550.700 suara atau mewakili     22.098.843.356 suara atau             - (tidak ada)
                          mewakili 99,9975080% dari        seluruh saham dengan hak suara         0,0024920% dari seluruh         mewakili 100% dari seluruh
                          seluruh saham dengan hak         yang sah yang hadir dalam Rapat        saham dengan hak suara yang     saham dengan hak suara yang
                          suara yang sah yang hadir                                               sah yang hadir dalam Rapat      sah yang hadir dalam Rapat
                          dalam Rapat

 Fourth                   22,098,292,656 votes or          0 votes or representing 0% of all      550,700 votes or representing   22,098,843,356 votes or               - (none)
                          representing 99.9975080% of      shares with valid voting rights who    0.0024920% of all shares with   representing 100% of all shares
                          all shares with valid voting     were present at the Meeting            valid voting rights who were    with valid voting rights who were
                          rights who were present at the                                          present at the Meeting          present at the Meeting
                          Meeting
 Kelima                   22.098.084.856 suara atau        207.600 suara atau mewakili            550.900 suara atau mewakili     22.098.635.756 suara atau             1 (satu)
                          mewakili 99,9975080% dari        0,0009394%% dari seluruh saham         0,0024929% dari seluruh         mewakili 99,9990606% dari
                          seluruh saham dengan hak         dengan hak suara yang sah yang         saham dengan hak suara yang     seluruh saham dengan hak
                          suara yang sah yang hadir        hadir dalam Rapat                      sah yang hadir dalam Rapat      suara yang sah yang hadir
                          dalam Rapat                                                                                             dalam Rapat

 Fifth                    22,098,084,856 votes or          207,600 votes or representing          550,900 votes or representing   22,098,635,756 votes or               1 (one)
                          representing 99.9975080% of      0.0009394%% of all shares with         0.0024929% of all shares with   representing 99.9990606% of
                          all shares with valid voting     valid voting rights who were           valid voting rights who were    all shares with valid voting rights
                          rights who were present at the   present at the Meeting                 present at the Meeting          who were present at the
                          Meeting                                                                                                 Meeting
 Keenam                   22.098.292.456 suara atau        0 suara atau mewakili 0% dari          550.900 suara atau mewakili     22.098.843.356 suara atau             2 (dua)
                          mewakili 99,9975071% dari        seluruh saham dengan hak suara         0,0024929% dari seluruh         mewakili 100% dari seluruh
                          seluruh saham dengan hak         yang sah yang hadir dalam Rapat        saham dengan hak suara yang     saham dengan hak suara yang
                          suara yang sah yang hadir                                               sah yang hadir dalam Rapat      sah yang hadir dalam Rapat
                          dalam Rapat

 Sixth                    22,098,292,456 votes or          0 votes or representing 0% of all      550,900 votes or representing   22,098,843,356 votes or               2 (two)
                          representing 99.9975071% of      shares with valid voting rights who    0.0024929% of all shares with   representing 100% of all shares
                          all shares with valid voting     were present at the Meeting            valid voting rights who were    with valid voting rights who were
                          rights who were present at the                                          present at the Meeting          present at the Meeting
                          Meeting




290 PT Bank Raya Indonesia Tbk
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             Analisis dan Pembahasan Manajemen                               Tata Kelola Perusahaan                                 Laporan Keberlanjutan                          Laporan Keuangan Audit
             Management Discussion and Analysis                              Good Corporate Governance                              Sustainability Report                          Audited Financial Report




                                                                                                                                                                                                  Pertanyaan/
        Mata Acara                            Setuju                               Tidak Setuju                               Abstain                             Total Setuju*                    Pendapat
        Agenda Item                           Agree                                  Disagree                                 Abstain                             Total Agree                      Questions/
                                                                                                                                                                                                    Opinions

    Ketujuh                      Mata Acara ini bersifat laporan. Oleh karenanya, Bank Raya tidak melakukan pemungutan suara untuk pengambilan putusan Rapat.
    Seventh                      This agenda item was a report in nature. Therefore, Bank Raya did not hold a vote to adopt a resolution.
    Kedelapan                    22.098.292.656 suara atau             0 suara atau mewakili 0% dari             550.700 suara atau mewakili            22.098.843.356 suara atau              - (tidak ada)
                                 mewakili 99,9975080% dari             seluruh saham dengan hak suara            0,0024920% dari seluruh                mewakili 100% dari seluruh
                                 seluruh saham dengan hak              yang sah yang hadir dalam Rapat           saham dengan hak suara yang            saham dengan hak suara yang
                                 suara yang sah yang hadir                                                       sah yang hadir dalam Rapat             sah yang hadir dalam Rapat
                                 dalam Rapat

    Eighth                       22,098,292,656 votes or               0 votes or representing 0% of all         550,700 votes or representing          22,098,843,356 votes or                - (none)
                                 representing 99.9975080% of           shares with valid voting rights who       0.0024920% of all shares with          representing 100% of all shares
                                 all shares with valid voting          were present at the Meeting               valid voting rights who were           with valid voting rights who were
                                 rights who were present at the                                                  present at the Meeting                 present at the Meeting
                                 Meeting

    Kesembilan                   22.098.292.656 suara atau             0 suara atau mewakili 0% dari             550.700 suara atau mewakili            22.098.843.356 suara atau              - (tidak ada)
                                 mewakili 99,9975080% dari             seluruh saham dengan hak suara            0,0024920% dari seluruh                mewakili 100% dari seluruh
                                 seluruh saham dengan hak              yang sah yang hadir dalam Rapat           saham dengan hak suara yang            saham dengan hak suara yang
                                 suara yang sah yang hadir                                                       sah yang hadir dalam Rapat             sah yang hadir dalam Rapat
                                 dalam Rapat

    Ninth                        22,098,292,656 votes or               0 votes or representing 0% of all         550,700 votes or representing          22,098,843,356 votes or                - (none)
                                 representing 99.9975080% of           shares with valid voting rights who       0.0024920% of all shares with          representing 100% of all shares
                                 all shares with valid voting          were present at the Meeting               valid voting rights who were           with valid voting rights who were
                                 rights who were present at the                                                  present at the Meeting                 present at the Meeting
                                 Meeting
    Kesepuluh                    22.098.248.256 suara atau             44.400 suara atau mewakili                550.700 suara atau mewakili            22.098.798.956 suara atau              - (tidak ada)
                                 mewakili 99,9973071% dari             0,0002009% dari seluruh saham             0,0024920% dari seluruh                mewakili 99,9997991% dari
                                 seluruh saham dengan hak              dengan hak suara yang sah yang            saham dengan hak suara yang            seluruh saham dengan hak
                                 suara yang sah yang hadir             hadir dalam Rapat                         sah yang hadir dalam Rapat             suara yang sah yang hadir
                                 dalam Rapat                                                                                                            dalam Rapat

    Tenth                        22,098,248,256 votes or               44,400 votes or representing              550,700 votes or representing          22,098,798,956 votes or                - (none)
                                 representing 99.9973071% of           0.0002009% of all shares with             0.0024920% of all shares with          representing 99.9997991% of
                                 all shares with valid voting          valid voting rights who were              valid voting rights who were           all shares with valid voting rights
                                 rights present                        present at the Meeting                    present at the Meeting                 who were present at the
                                                                                                                                                        Meeting
    Kesebelas                    22.098.248.256 suara atau             44.400 suara atau mewakili                550.700 suara atau mewakili            22.098.798.956 suara atau              1 (satu)
                                 mewakili 99,9973071% dari             0,0002009% dari seluruh saham             0,0024920% dari seluruh                mewakili 99,9997991% dari
                                 seluruh saham dengan hak              dengan hak suara yang sah yang            saham dengan hak suara yang            seluruh saham dengan hak
                                 suara yang sah yang hadir             hadir dalam Rapat                         sah yang hadir dalam Rapat             suara yang sah yang hadir
                                 dalam Rapat                                                                                                            dalam Rapat

    Eleventh                     22,098,248,256 votes or               44,400 votes or representing              550,700 votes or representing          22,098,798,956 votes or                1 (one)
                                 representing 99.9973071% of           0.0002009% of all shares with             0.0024920% of all shares with          representing 99.9997991% of
                                 all shares with valid voting          valid voting rights who were              valid voting rights who were           all shares with valid voting rights
                                 rights who were present at the        present at the Meeting                    present at the Meeting                 who were present at the
                                 Meeting                                                                                                                Meeting
    Keduabelas                   22.098.248.256 suara atau             44.400 suara atau mewakili                550.700 suara atau mewakili            22.098.798.956 suara atau              - (tidak ada)
                                 mewakili 99,9973071% dari             0,0002009% dari seluruh saham             0,0024920% dari seluruh                mewakili 99,9997991% dari
                                 seluruh saham dengan hak              dengan hak suara yang sah yang            saham dengan hak suara yang            seluruh saham dengan hak
                                 suara yang sah yang hadir             hadir dalam Rapat                         sah yang hadir dalam Rapat             suara yang sah yang hadir
                                 dalam Rapat                                                                                                            dalam Rapat

    Twelfth                      22,098,248,256 votes or               44,400 votes or representing              550,700 votes or representing          22,098,798,956 votes or                - (none)
                                 representing 99.9973071% of           0.0002009% of all shares with             0.0024920% of all shares with          representing 99.9997991% of
                                 all shares with valid voting          valid voting rights who were              valid voting rights who were           all shares with valid voting rights
                                 rights who were present at the        present at the Meeting                    present at the Meeting                 who were present at the
                                 Meeting                                                                                                                Meeting

*    Sesuai Anggaran Dasar Perseroan dan Pasal 47 Peraturan Otoritas Jasa Keuangan (‘POJK’) Nomor 15/POJK.04/2020 tentang Rencana dan Penyelenggaraan Rapat Umum Pemegang Saham Perusahaan
     Terbuka, suara Abstain dianggap mengeluarkan suara yang sama dengan suara mayoritas Pemegang Saham yang mengeluarkan suara. Oleh karenanya, sesuai perhitungan sistem PT Kustodian Sentral Efek
     Indonesia dan Biro Administrasi Efek, jumlah suara Abstain ditambahkan ke dalam suara Setuju.
     In accordance with the Company's Articles of Association and Article 47 of the Financial Services Authority Regulation ('POJK') Number 15/POJK.04/2020 on the Planning and Organizing the General Meeting
     of Shareholders of Public Companies, Abstain votes are considered to be the same as the majority of votes cast by the Shareholders. Therefore, according to the calculation of the system of PT Kustodian Sentral
     Efek Indonesia and the Securities Administration Bureau, the number of Abstain votes is added to the Agree votes.




Keputusan RUPST                                                                                                AGMS Resolutions
Seluruh keputusan RUPST telah dimuat dalam Akta No. 37 tanggal 25 Juni                                         All of the AGMS resolutions were stated in Deed No. 37 dated June 25,
2025 yang dibuat oleh dan di hadapan M. Nova Faisal, S.H., M.Kn, Notaris di                                    2025, drawn up by and before M. Nova Faisal, S.H., M.Kn., a Notary in South
Kota Jakarta Selatan. Selain itu, keputusan tentang persetujuan atas perubahan                                 Jakarta. In addition, the resolutions regarding the approval of the amendment
Anggaran Dasar (AD) Bank Raya juga telah dinyatakan kembali dan disusun                                        to the Articles of Association (AD) of Bank Raya was restated and all
seluruh ketentuan Anggaran Dasar Bank tersebut dalam Akta No. 18 tanggal                                       provisions of the Bank's Articles of Association were prepared in Deed No.
17 Juli 2025, yang dibuat di hadapan Notaris tersebut dan telah memperoleh                                     18 dated July 17, 2025, made before the Notary and received notification
penerimaan pemberitahuan dari Menteri Hukum dan Hak Asasi Manusia                                              from the Minister of Law and Human Rights of the Republic of Indonesia
Republik Indonesia berdasarkan Surat No. AHU-0161812.AH.01.11.Tahun                                            based on Letter No. AHU-0161812.AH.01.11.Year 2025 dated July 17, 2025.
2025 tanggal 17 Juli 2025.




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        Performance Highlights                     Management Report                              Company Profile                          Overview of Business Support Units




Keputusan tentang persetujuan atas perubahan pengurus Bank Raya juga                      The resolution to approve changes to Bank Raya's management was also
telah dinyatakan kembali dan disusun seluruh ketentuan Anggaran Dasar                     restated and all provisions of the Bank's Articles of Association were compiled
Bank tersebut dalam Akta No. 19 tanggal 17 Juli 2025, yang dibuat di                      in Deed No. 19 dated July 17, 2025, drawn up before the aforementioned
hadapan Notaris tersebut dan telah memperoleh penerimaan pemberitahuan                    Notary and received notification from the Minister of Law and Human Rights
dari Menteri Hukum dan Hak Asasi Manusia Republik Indonesia berdasarkan                   of the Republic of Indonesia based on Letter No. AHU-0161867.AH.01.11.
Surat No. AHU-0161867.AH.01.11.Tahun 2025 tanggal 17 Juli 2025.                           Year 2025 dated July 17, 2025.

Adapun informasi lengkap terkait agenda dan keputusan RUPST tersebut                      The complete information regarding the agenda items and resolutions of
adalah sebagai berikut:                                                                   the AGMS is as follows:


 Mata Acara Rapat Pertama        Persetujuan Laporan Tahunan dan Pengesahan Laporan Keuangan Perseroan, serta Persetujuan Laporan Tugas Pengawasan Dewan Komisaris
                                 Tahun Buku 2024, sekaligus Pemberian Pelunasan dan Pembebasan Tanggung Jawab Sepenuhnya (volledig acquit et de charge) kepada Direksi
                                 atas Tindakan Pengurusan Perseroan dan Dewan Komisaris atas Tindakan Pengawasan Perseroan yang Telah Dijalankan Selama Tahun Buku
                                 2024.

 First Meeting Agenda Item       Approval of the Annual Report and Ratification of the Company's Financial Statements, as well as Approval of the Board of Commissioners'
                                 Supervisory Duty Report for the 2024 Fiscal Year, as well as Granting of Full Release and Discharge (volledig acquit et de charge) to the Board of
                                 Directors for the Company's Management Actions and the Board of Commissioners for the Company's Supervisory Actions Carried Out During the
                                 2024 Fiscal Year.
 Keputusan Rapat                 Menyetujui Laporan Tahunan Perseroan, termasuk mengesahkan:
                                 1.  Menyetujui Laporan Tahunan Perseroan termasuk Laporan Tugas Pengawasan Dewan Komisaris Perseroan untuk Tahun Buku 2024
                                     yang berakhir pada tanggal 31 Desember 2024.
                                 2.  Mengesahkan Laporan Keuangan perseroan untuk Tahun Buku 2024 yang berakhir pada tanggal 31 Desember 2024 yang telah
                                     diaudit oleh Kantor Akuntan Publik Purwantono, Sungkoro & Surja (firma anggota jaringan Ernst & Young Global) Sesuai Laporan Nomor
                                     00165/2.1032/AU.1/07/1865-1/1/III/2025 tanggal 10 Maret 2025 dengan opini wajar dalam semua hal yang material.
                                 3.  Dengan telah disetujuinya Laporan Tahunan Perseroan termasuk Laporan Tugas Pengawasan Dewan Komisaris, dan disahkannya Laporan
                                     Keuangan Perseroan seluruhnya untuk Tahun Buku 2024 yang berakhir pada tanggal 31 Desember 2024, maka RUPS memberikan
                                     pelunasan dan pembebasan tanggung jawab sepenuhnya (volledig acquit et de charge) kepada seluruh anggota Direksi atas tindakan
                                     pengurusan Perseroan dan kepada seluruh anggota Dewan Komisaris atas tindakan pengawasan Perseroan yang telah dijalankan
                                     selama Tahun Buku 2024 yang berakhir pada tanggal 31 Desember 2024, sepanjang tindakan tersebut bukan merupakan tindak pidana
                                     dan tercermin dalam laporan tersebut di atas.

 Meeting Resolutions             Approved the Company's Annual Report, including ratifying:
                                 1.  Approved the Company's Annual Report, including the Supervisory Report of the Company's Board of Commissioners for the 2024
                                     Fiscal Year ending December 31, 2024.
                                 2.  Ratified the Company's Financial Statements for the 2024 Fiscal Year ending December 31, 2024, audited by the Public Accounting
                                     Firm Purwantono, Sungkoro & Surja (a member firm of Ernst & Young Global network) in accordance with Report Number 00165/2.1032/
                                     AU.1/07/1865-1/1/III/2025 dated March 10, 2025, with an unqualified opinion.
                                 3.  By the approval of the Company’s Annual Report including the Board of Commissioners’ Supervisory Duty Report, and the ratification
                                     of the Company's Financial Statements in its entirety for the 2024 Fiscal Year ending on December 31, 2024, the GMS granted full
                                     release and discharge of responsibility (volledig acquit et de charge) to all members of the Board of Directors for their management of
                                     the Company and to all members of the Board of Commissioners for their supervision of the Company that were carried out during the
                                     2024 Fiscal Year ending on December 31, 2024, as long as such actions do not constitute a criminal act and are reflected in the report
                                     above.
 Status Pelaksanaan              Telah direalisasikan pada tahun 2025.
 Implementation Status           Realized in 2025.



 Mata Acara Rapat Kedua          Penetapan Penggunaan Laba Bersih Perseroan untuk Tahun Buku 2024
 Second Meeting Agenda Item      Appropriation of the Use of the Company's Net Profit for the 2024 Fiscal Year
 Keputusan Rapat                 Menyetujui penggunaan Laba Bersih Perseroan untuk Tahun Buku 2024 yaitu sebesar Rp50.891.770.225,- (lima puluh miliar-delapan ratus
                                 sembilan puluh satu juta-tujuh ratus tujuh puluh ribu-dua ratus dua puluh lima rupiah) dengan pembagian sebagai berikut:
                                 1.  Sebanyak 100% (seratus persen) atau sebesar Rp50.891.770.225,- (lima puluh miliar-delapan ratus sembilan puluh satu juta-tujuh ratus
                                     tujuh puluh ribu-dua ratus dua puluh lima rupiah) digunakan sebagai Saldo Laba yang Belum Ditentukan Penggunaannya (retained
                                     earnings).
                                 2.  Tidak dilakukan pembagian Dividen atas Laba Bersih Setelah Pajak Perseroan Tahun Buku 2024.

 Meeting Resolutions             Approved the appropriation of the Company's Net Profit for the 2024 Fiscal Year, amounting to Rp50,891,770,225 (fifty billion eight hundred
                                 ninety-one million seven hundred seventy thousand two hundred twenty-five rupiah), with the following distribution:
                                 1.   100% (one hundred percent) or Rp50,891,770,225 (fifty billion eight hundred ninety-one million seven hundred seventy thousand two
                                      hundred twenty-five rupiah) will be used as unappropriated retained earnings.
                                 2.   No dividends will be distributed on the Company's Net Profit After Tax for the 2024 Fiscal Year.
 Status Pelaksanaan              Telah direalisasikan pada tahun 2025.
 Implementation Status           Realized in 2025.



 Mata Acara Rapat Ketiga         Penetapan Gaji/Honorarium berikut Fasilitas dan Tunjangan Tahun Buku 2025, serta Insentif Kinerja atas Kinerja Tahun Buku 2024, untuk
                                 Direksi dan Dewan Komisaris Perseroan

 Third Meeting Agenda Item       Determination of Salary/Honorarium including Facilities and Allowances for the 2025 Fiscal Year, as well as Performance Incentives for the
                                 2024 Fiscal Year Performance, for the Company's Board of Directors and Board of Commissioners




292 PT Bank Raya Indonesia Tbk
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      Management Discussion and Analysis                Good Corporate Governance                    Sustainability Report                  Audited Financial Report




Keputusan Rapat              1.   Menyetujui pemberian wewenang dan kuasa kepada Dewan Komisaris Perseroan dengan terlebih dahulu mendapatkan persetujuan
                                  PT Bank Rakyat Indonesia (Persero) Tbk sebagai Pemegang Saham Pengendali Perseroan, untuk menetapkan besarnya Remunerasi Gaji/
                                  honorarium berikut fasilitas dan Tunjangan untuk Tahun Buku 2025 bagi Direksi & Dewan Komisaris Perseroan
                             2.   Menyetujui pemberian wewenang dan kuasa kepada Dewan Komisaris Perseroan dengan terlebih dahulu mendapat persetujuan
                                  PT Bank Rakyat Indonesia (Persero) Tbk. sebagai Pemegang Saham Pengendali Perseroan, untuk menetapkan atau tidak menetapkan
                                  pembayaran dan jumlah pembayaran Insentif Kinerja untuk Tahun 2024 bagi Direksi dan Dewan Komisaris, dengan memperhatikan
                                  kondisi keuangan Perseroan.

Meeting Resolutions          1.   Approved the granting of authority and power to the Company's Board of Commissioners, by first obtaining approval from PT Bank
                                  Rakyat Indonesia (Persero) Tbk. as the Company's Controlling Shareholder, to determine the amount of Salary/Honorarium Remuneration,
                                  including facilities and allowances for the 2025 Fiscal Year for the Company's Board of Directors and Board of Commissioners.
                             2.   Approved the granting of authority and power to the Company's Board of Commissioners, by first obtaining approval from PT Bank
                                  Rakyat Indonesia (Persero) Tbk. as the Company's Controlling Shareholder, to determine or not determine the payment and amount of
                                  Performance Incentive for the 2024 Fiscal Year for the Board of Directors and Board of Commissioners, by observing the Company's
                                  financial condition.
Status Pelaksanaan           Telah direalisasikan pada tahun 2025.
Implementation Status        Realized in 2025.



Mata Acara Rapat Keempat     Penunjukan Akuntan Publik dan/atau Kantor Akuntan Publik untuk Mengaudit Laporan Keuangan Perseroan Tahun Buku 2025
Fourth Meeting Agenda Item   Appointment of a Public Accountant and/or Public Accounting Firm to Audit the Company's Financial Statements for the 2025 Fiscal Year
Keputusan Rapat              1.   Menyetujui penunjukan Akuntan Publik di Kantor Akuntan Publik Purwantono, Sungkoro & Surja (firma anggota jaringan Ernst & Young
                                  Global) sebagai Kantor Akuntan Publik yang akan mengaudit Laporan Keuangan Perseroan Tahun Buku 2025.
                             2.   Menyetujui pemberian wewenang dan kuasa kepada Dewan Komisaris Perseroan untuk melakukan:
                                  a.  Penunjukan Akuntan Publik dan/atau Kantor Akuntan Publik untuk melakukan audit atas Laporan Keuangan Perseroan periode
                                      lainnya pada Tahun Buku 2025 untuk tujuan dan kepentingan Perseroan; dan
                                  b.  Penetapan imbalan jasa audit dan persyaratan lainnya bagi Akuntan Publik dan/atau Kantor Akuntan Publik tersebut, serta
                                      menunjuk Akuntan Publik dan/atau Kantor Akuntan Publik Pengganti dalam hal KAP Purwanto Susanti dan Surja (firma anggota
                                      jaringan Ernst & Young Global), karena sebab apapun, tidak dapat menyelesaikan audit Laporan Keuangan Perseroan Tahun
                                      Buku 2025 dan/atau periode lainnya pada Tahun Buku 2025, termasuk menetapkan imbalan jasa audit dan persyaratan lainnya
                                      bagi Akuntan Publik dan/atau Kantor Publik Pengganti tersebut.

Meeting Resolutions          1.   Approved the appointment of Public Accountant at Public Accounting Firm Purwantono, Sungkoro & Surja (a member firm of Ernst &
                                  Young Global network) as the Public Accounting Firm to audit the Company's Financial Statements for the 2025 Fiscal Year.
                             2.   Approved the granting of authority and power to the Company's Board of Commissioners to carry out:
                                  a.  Appointment of a Public Accountant and/or Public Accounting Firm to audit the Company's Financial Statements for other periods
                                      in the 2025 Fiscal Year for the purposes and interests of the Company; and
                                  b.  Determination of the audit fees and other requirements for the Public Accountant and/or Public Accounting Firm, and appointing
                                      a Replacement Public Accountant and/or Public Accounting Firm in the event that KAP Purwanto Susanti dan Surja (a member
                                      firm of Ernst & Young Global network), for any reason, is unable to complete the audit of the Company's Financial Statements for
                                      the 2025 Fiscal Year and/or other periods in the 2025 Fiscal Year, including determining the audit fees and other requirements for
                                      the Replacement Public Accountant and/or Public Accounting Firm.
Status Pelaksanaan           Telah direalisasikan pada tahun 2025.
Implementation Status        Realized in 2025.



Mata Acara Rapat Kelima      Persetujuan atas Pemberhentian Pelaksanaan Pembelian Kembali Saham yang Dikeluarkan oleh Perseroan (Buyback) Tahun 2024
                             Approval of the Termination of Execution of Buyback of Shares Issued by the Company in 2024
Fifth Meeting Agenda Item
Keputusan Rapat              1.   Menyetujui Pemberhentian Pelaksanaan Pembelian Kembali Saham Perseroan (Buyback) Tahun 2024 yang dalam pelaksanaannya
                                  memperhatikan ketentuan dan peraturan perundang-undangan yang berlaku.
                             2.   Memberikan kuasa dan wewenang kepada Direksi untuk menindaklanjuti Pemberhentian Pelaksanaan Pembelian Kembali Saham
                                  Perseroan (Buyback) Tahun 2024 sesuai dengan ketentuan yang berlaku.

Meeting Resolutions          1.   Approved the termination of the Company's 2024 Share Buyback, with due observance of applicable laws and regulations.
                             2.   Granted power and authority to the Board of Directors to follow up on the termination of the 2024 Share Buyback in accordance with
                                  applicable regulations.
Status Pelaksanaan           Telah direalisasikan pada tahun 2025.
Implementation Status        Realized in 2025.


Mata Acara Rapat Keenam      Persetujuan atas Rencana Pembelian Kembali Saham yang Dikeluarkan oleh Perseroan (Buyback) dan Pengalihan Saham Hasil Buyback yang
                             disimpan sebagai Saham Treasuri (Treasury Stock) Perseroan

Sixth Meeting Agenda Item    Approval of the Buyback Plan of Shares Issued by the Company and the Transfer of Shares Proceeding from the Buyback which are held as
                             the Company's Treasury Stock




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       Performance Highlights                     Management Report                           Company Profile                            Overview of Business Support Units




Keputusan Rapat                 1.   Menyetujui Pembelian Kembali Saham Perseroan (Buyback) yang telah dikeluarkan dan tercatat di Bursa Efek Indonesia (BEI) dengan
                                     jumlah seluruh Buyback sebanyak-banyaknya Rp20.000.000.000.- (dua puluh miliar rupiah) sudah termasuk biaya Buyback dan pajak
                                     yang dalam pelaksanaannya memperhatikan perizinan serta ketentuan dan peraturan perundang-undangan yang berlaku
                                2.   Menyetujui untuk memberikan kuasa dan wewenang pelaksanaan, pemberhentian dan/atau tindakan-tindakan lain yang diperlukan
                                     terkait dengan kegiatan Buyback kepada Direksi Perseroan.
                                3.   Menyetujui pengalihan saham hasil Buyback yang disimpan sebagai Saham Treasuri (Treasury Stock) dalam rangka Program Kepemilikan
                                     Saham Pekerja dan/atau Direksi dan Dewan Komisaris yang memenuhi syarat untuk memiliki saham Perseroan sesuai dengan ketentuan
                                     dan peraturan perundang-undangan yang berlaku dengan memperhatikan persetujuan Dewan Komisaris yang terlebih dahulu
                                     mendapatkan persetujuan Pemegang Saham Pengendali.
                                4.   Menyetujui untuk memberikan kuasa dan wewenang pelaksanaan pengalihan saham hasil Buyback yang disimpan sebagai Saham
                                     Treasuri (Treasury Stock) kepada:
                                     a.   Direksi Perseroan untuk Program Kepemilikan Saham Pekerja yang memenuhi syarat untuk memiliki saham Perseroan dengan
                                          memperhatikan persetujuan Dewan Komisaris yang terlebih dahulu mendapatkan persetujuan Pemegang Saham Pengendali;
                                     b.   Direksi Perseroan dengan memperhatikan persetujuan Dewan Komisaris untuk Program Kepemilikan Saham Direksi dan/atau
                                          Dewan Komisaris yang memenuhi syarat untuk memiliki saham Perseroan dengan memperhatikan persetujuan Dewan Komisaris
                                          yang terlebih dahulu mendapatkan persetujuan Pemegang Saham Pengendali.

Meeting Resolutions             1.   Approved the Buyback of the Company's shares issued and listed on Indonesia Stock Exchange (IDX) with a total Buyback value of up
                                     to Rp20,000,000,000 (twenty billion rupiah), including Buyback fees and taxes, of which the implementation will observe permits and
                                     applicable laws and regulations.
                                2.   Approved the granting of power and authority to execute, terminate, and/or take other necessary actions related to the Buyback activity
                                     to the Company's Board of Directors.
                                3.   Approved the transfer of shares from the Buyback held as Treasury Stock under the Employee Stock Ownership Program and/or Board
                                     of Directors and Board of Commissioners who meet the requirements to own Company shares in accordance with applicable laws and
                                     regulations, subject to prior approval from the Board of Commissioners and the Controlling Shareholder.
                                4.   Approved the granting of power and authority to implement the transfer of shares from the Buyback held as Treasury Stock to:
                                     a.    The Company's Board of Directors for the Employee Stock Ownership Program who meet the requirements for owning Company
                                           shares, subject to Board of Commissioners’ approval, who have previously obtained the approval of the Controlling Shareholder;
                                     b.    The Company's Board of Directors, subject to Board of Commissioners’ approval for the Employee Stock Ownership Program. The
                                           Board of Directors and/or Board of Commissioners who meet the requirements to own Company shares, subject to Board of
                                           Commissioners’ approval, who have previously obtained the approval of the Controlling Shareholder.
Status Pelaksanaan              Telah direalisasikan pada tahun 2025.
Implementation Status           Realized in 2025.



Mata Acara Rapat Ketujuh        Laporan Realisasi Penggunaan Dana Hasil Penawaran Umum Terbatas dalam Rangka Penambahan Modal
Seventh Meeting Agenda Item     Report on the Realization of the Use of Proceeds from the Limited Public Offering for Capital Increase
Keputusan Rapat                 Mata Acara ini bersifat laporan. Oleh karenanya, Perseroan tidak melakukan pemungutan suara untuk pengambilan keputusan Rapat.
Meeting Resolutions             This agenda item is a nature of a report. Therefore, the Company did not vote to adopt a resolution of the Meeting.
Status Pelaksanaan              Telah direalisasikan pada tahun 2025.
Implementation Status           Realized in 2025.



Mata Acara Rapat Kedelapan      Persetujuan atas Rencana Aksi Pemulihan (Recovery Plan) Perseroan
Eighth Meeting Agenda Item      Approval of the Company's Recovery Action Plan
Keputusan Rapat                 1.   Menyetujui Rencana Aksi Pemulihan (Recovery Plan) sesuai dengan Peraturan OJK Nomor 5 Tahun 2024 tentang Penetapan Status
                                     Pengawasan dan Penanganan Permasalahan Bank Umum sebagaimana yang disampaikan perseroan kepada OJK.
                                2.   Berkenaan dengan keputusan butir 1, Dewan Komisaris dan Direksi agar melakukan setiap dan seluruh tindakan yang diperlukan
                                     sehubungan dengan pelaksanaan Rencana Aksi Pemulihan (Recovery Plan) Perseroan, sesuai dengan kewenangannya.

Meeting Resolutions             1.   Approved the Recovery Action Plan in accordance with POJK Number 5 of 2024 on the Determination of Supervisory Status and Handling
                                     of Commercial Bank Problems, as submitted by the Company to OJK.
                                2.   Regarding resolution point 1, the Board of Commissioners and the Board of Directors are to take any and all necessary actions related
                                     to the implementation of the Company's Recovery Action Plan, in accordance with their respective authorities.
Status Pelaksanaan              Telah direalisasikan pada tahun 2025.
Implementation Status           Realized in 2025.


Mata Acara Rapat Kesembilan     Pengukuhan Pemberlakuan Peraturan Menteri BUMN RI Nomor PER-2/MBU/03/2023 Tanggal 3 Maret 2023 Tentang Pedoman Tata Kelola dan
                                kegiatan Korporasi Signifikan Badan Usaha Milik Negara

Ninth Meeting Agenda Item       Confirmation of the Implementation of Regulation of the Minister of State-Owned Enterprises of the Republic of Indonesia Number PER-2/
                                MBU/03/2023 Dated March 3, 2023, On Guidelines for Governance and Significant Corporate Activities of State-Owned Enterprises
Keputusan Rapat                 1.   Mengukuhkan pemberlakuan Peraturan Menteri Badan Usaha Milik Negara (BUMN) No. PER-2/MBU/03/2023 tentang Pedoman Tata
                                     Kelola dan Kegiatan Korporasi Signifikan Badan Usaha Milik Negara (BUMN) serta perubahan - perubahan di kemudian hari.
                                2.   Memberikan wewenang kepada Direksi Perseroan untuk menindaklanjuti implementasi Peraturan Menteri BUMN Nomor PER-2/
                                     MBU/03/2023 tanggal 24 Maret 2023 tentang Pedoman Tata Kelola dan Kegiatan Korporasi Signifikan Badan Usaha Milik Negara
                                     terhadap Anggaran Dasar Perseroan dan/atau kebijakan Perseroan yang mengatur tentang Tata Kelola Perusahaan dengan
                                     memperhatikan prinsip-prinsip tata kelola perusahaan yang baik (Good Corporate Governance) dan peraturan serta ketentuan yang
                                     berlaku bagi Perseroan.

Meeting Resolutions             1.   Confirmed the enforcement of Regulation of Minister of State-Owned Enterprises (BUMN) No. PER-2/MBU/03/2023 on Guidelines for
                                     Governance and Significant Corporate Activities of State-Owned Enterprises (BUMN) and its future amendments.
                                2.   Granted authority to the Company's Board of Directors to follow up on the implementation of Regulation of the Minister of State-Owned
                                     Enterprises Number PER-2/MBU/03/2023 dated March 24, 2023, on Guidelines for Governance and Significant Corporate Activities of
                                     State-Owned Enterprises towards the Company's Articles of Association and/or Company policies governing Corporate Governance by
                                     taking into account the principles of good corporate governance and the rules and provisions applicable to the Company.
Status Pelaksanaan              Telah direalisasikan pada tahun 2025.
Implementation Status           Realized in 2025.




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      Management Discussion and Analysis                   Good Corporate Governance                         Sustainability Report                     Audited Financial Report




Mata Acara Rapat Kesepuluh     Perubahan Anggaran Dasar Perseroan
Tenth Meeting Agenda Item      Amendments to the Company's Articles of Association
Keputusan Rapat                1.   Menyetujui perubahan Anggaran Dasar Perseroan sebagai berikut:
                                    a.   Menyesuaikan kembali ketentuan pada Pasal 8 ayat (1) tentang Daftar Pemegang Saham dan Daftar Khusus, mengenai kewajiban
                                         mengadakan, menyimpan dan menyediakan Daftar Pemegang Saham di tempat kedudukan Perseroan.
                                    b    Menyempurnakan ketentuan pada Pasal 11 ayat (27) huruf f tentang Direksi, mengenai kewajiban mendapatkan rekomendasi
                                         pengangkatan Direksi dari Komite yang membawahi fungsi remunerasi & nominasi.
                                    c.   Menambahkan 1 (satu) ketentuan yang dituangkan pada Pasal 12 ayat (8) huruf k tentang Tugas dan Wewenang Direksi, mengenai
                                         penambahan perbuatan Direksi.
                                    d.   Menyesuaikan pencantuman huruf pada Pasal 12 ayat (9) huruf a dan b tentang Direksi, sehubungan dengan adanya penambahan 1
                                         (satu) perbuatan Direksi pada Pasal 12 ayat (8) huruf k.
                                    e.   Menambahkan 1 (satu) ketentuan yang dituangkan pada Pasal 20 ayat (5) huruf d tentang Rapat Umum Pemegang Saham
                                         Tahunan, mengenai kriteria calon Akuntan Publik.
                               2.   Menyetujui untuk menyusun kembali seluruh ketentuan dalam Anggaran Dasar Perseroan sehubungan dengan perubahan sebagaimana
                                    dimaksud pada butir 1 (satu) tersebut di atas yang lampiran seluruh Anggaran Dasarnya sebagaimana dilekatkan pada Minuta Akta Notaris.
                               3.   Memberikan wewenang dan kuasa kepada Direksi dengan hak substitusi untuk melakukan segala tindakan yang diperlukan berkaitan
                                    dengan keputusan Rapat, termasuk namun tidak terbatas pada menyusun dan menyatakan kembali seluruh Anggaran Dasar Perseroan,
                                    memberitahukan perubahan Anggaran Dasar kepada Menteri Hukum Republik Indonesia, serta melakukan segala sesuatu yang
                                    dipandang perlu dan berguna untuk keperluan tersebut, tidak ada yang dikecualikan.

Meeting Resolutions            1.   Approved the following amendments to the Company's Articles of Association:
                                    a.    Readjusting the provisions in Article 8 paragraph (1) on the Shareholder Register and the Special Register, regarding the obligation
                                          to maintain, store, and provide the Shareholder Register at the Company's domicile.
                                    b.    Revising the provisions in Article 11 paragraph (27) letter f on the Board of Directors, regarding the obligation to obtain recommendations
                                          for the appointment of Directors from the Committee responsible for remuneration and nomination functions.
                                    c.    Adding one provision to Article 12 paragraph (8) letter k on the Duties and Authorities of the Board of Directors, regarding additional
                                          actions of the Board of Directors.
                                    d.    Adjusting the inclusion of letters a and b in Article 12 paragraph (9) on the Board of Directors, in connection with the addition of
                                          one action of the Board of Directors in Article 12 paragraph (8) letter k.
                                    e.    Adding 1 (one) provision as stated in Article 20 paragraph (5) letter d on the Annual General Meeting of Shareholders, regarding
                                          the criteria for Public Accountant candidates.
                               2.   Approved the re-drafting of all provisions in the Company's Articles of Association in connection with the amendments referred to in
                                    point 1 (one) above, with the entire Articles of Association attached to the Minutes of the Notarial Deed.
                               3.   Granted authority and power to the Board of Directors with the substitution rights to take all necessary actions related to the Meeting
                                    resolutions, including but not limited to drafting and restating the entire Company's Articles of Association, notifying the Minister of Law
                                    of the Republic of Indonesia of the amendments to the Articles of Association, and conducting everything deemed necessary and useful
                                    for such purposes, with no exceptions.
Status Pelaksanaan             Telah direalisasikan pada tahun 2025.
Implementation Status          Realized in 2025.



Mata Acara Rapat Kesebelas     Pengesahan Rencana Jangka Panjang Perusahaan (RJPP) Tahun 2025-2029 Perseroan
Eleventh Meeting Agenda Item   Ratification of the Company's 2025-2029 Long-Term Plan (RJPP)
Keputusan Rapat                Menyetujui Pengesahan Rencana Jangka Panjang Perusahaan (RJPP) Tahun 2025 – 2029 Perseroan dilakukan pada RUPS Perseroan berikutnya
                               sesuai dengan ketentuan yang berlaku.

Meeting Resolutions            Approving that the Ratification of the Company's 2025-2029 Long-Term Plan (RJPP) will be carried out at the Company's next GMS in
                               accordance with applicable provisions.
Status Pelaksanaan             Akan direalisasikan pada RUPS Berikutnya
Implementation Status          This will be addressed at the next General Meeting of Shareholders (GMS)


Mata Acara Rapat Keduabelas    Perubahan Susunan Pengurus Perseroan
Twelfth Meeting Agenda Item    Changes to the Company's Management Composition




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        Performance Highlights                      Management Report                              Company Profile                            Overview of Business Support Units




 Keputusan Rapat                 1.   Memberhentikan dengan hormat Sdr. Ida Bagus Ketut Subagia sebagai Direktur Utama Pemberhentian tersebut terhitung sejak di tutupnya
                                      rapat ini disertai dengan ucapan terima kasih atas sumbangan tenaga, pikiran dan kontribusi yang diberikan selama menjabat sebagai
                                      Direktur Utama.
                                 2.   Mengangkat Sdr. Ida Bagus Ketut Subagia sebagai Direktur Utama. Berakhirnya masa jabatan Direktur tersebut adalah sampai dengan
                                      ditutupnya RUPS Tahunan yang ke-3 sejak Pengangkatan yang bersangkutan, dengan memperhatikan peraturan perundang undangan
                                      yang berlaku dan tanpa mengurangi hak RUPS untuk memberhentikan sewaktu waktu.
                                 3.   Dengan adanya perubahan tersebut, maka susunan Dewan Komisaris dan Direksi PT Bank Raya Indonesia Tbk. adalah sebagai berikut:


                                       Komisaris Utama                                                      Muhamad Sidik Heruwibowo
                                       Komisaris Independen                                                 Retno Wahyuni Wijayanti
                                       Komisaris Independen                                                 Johanes Kuntjoro Adisardjono
                                       Komisaris                                                            Nyimas Dewi Ratih Kamil


                                       Direktur Utama                                                       Ida Bagus Ketut Subagia
                                       Direktur Manajemen Risiko, Kepatuhan & Sumber Daya Manusia           Danar Widyantoro
                                       Direktur Keuangan                                                    Rustarti Suri Pertiwi
                                       Direktur Digital dan Operasional                                     Lukman Hakim
                                       Direktur Bisnis                                                      Kicky Andrie Davetra

                                 4.   Memberikan kuasa dan wewenang kepada Direksi daengan hak substitusi untuk melakukan segala tindakan yang diperlukan berkaitan
                                      dengan keputusan agenda ini sesuai dengan ketentuan yang berlaku, termasuk untuk menyatakan dalam Akta Notaris tersendiri dan
                                      memberitahukan susunan Anggota Dewan Komisaris dan Anggota Direksi kepada Kementerian Hukum Republik Indonesia.

 Meeting Resolutions             1.   Honorably dismissed Mr. Ida Bagus Ketut Subagia as President Director. The dismissal is effective as of the closing of this meeting,
                                      accompanied by an expression of gratitude for the contributions of his energy, thoughts, and contributions during his tenure as President
                                      Director.
                                 2.   Appointed Mr. Ida Bagus Ketut Subagia as President Director. The term of office of the Director is until the closing of the third Annual
                                      AGMS following his appointment, subject to applicable laws and regulations and without prejudice to the GMS' rights to dismiss at any
                                      time.
                                 3.   With these changes, the composition of the Board of Commissioners and Board of Directors of PT Bank Raya Indonesia Tbk. is as follows:


                                       President Commissioner                                               Muhamad Sidik Heruwibowo
                                       Independent Commissioner                                             Retno Wahyuni Wijayanti
                                       Independent Commissioner                                             Johanes Kuntjoro Adisardjono
                                       Commissioner                                                         Nyimas Dewi Ratih Kamil


                                       President Director                                                   Ida Bagus Ketut Subagia
                                       Director of Enterprise Risk Management, Compliance and               Danar Widyantoro
                                       Human Resources
                                       Director of Finance                                                  Rustarti Suri Pertiwi
                                       Director of Digital and Operations                                   Lukman Hakim
                                       Business Director                                                    Kicky Andrie Davetra

                                 4.   Granted power and authority to the Board of Directors with the substitution rights to carry out all necessary actions related to the resolutions
                                      on this agenda item in accordance with applicable provisions, including to state in a separate Notarial Deed and notify the composition
                                      of Members of the Board of Commissioners and Members of the Board of Directors to the Ministry of Law of the Republic of Indonesia.
 Status Pelaksanaan              Telah direalisasikan pada tahun 2025.
 Implementation Status           Realized in 2025.




Penyelenggaraan RUPST Tahun 2024                                                            Implementation of The 2024 AGMS for
untuk Tahun Buku 2023                                                                       The 2023 Fiscal Year

Bank Raya menyelenggarakan RUPS Tahunan (RUPST) pada hari Selasa                            Bank Raya held the Annual GMS (AGMS) on Tuesday, April 30, 2024, at
tanggal 30 April 2024, pukul 14.39-16.36 WIB yang berlokasi di Menara                       14.39-16.36 WIB located at BRILiaN Tower, 19th Floor, Jl. Gatot Subroto
BRILiaN Lantai 19 Jl. Gatot Subroto Kav. 64 No. 177A Menteng Dalam,                         Kav. 64 No. 177A, Menteng Dalam, Tebet, Jakarta Selatan 12870.
Tebet, Jakarta Selatan, 12870.


Anggota Direksi dan Dewan Komisaris Perseroan                                               Members of the Company's Board of Directors and
yang Hadir dalam Rapat                                                                      Board of Commissioners Who were Present at the
                                                                                            Meeting
Daftar anggota Direksi dan Dewan Komisaris Bank Raya yang menghadiri                        The following is a list of members of the Board of Directors and Board of
RUPST tahun 2024 adalah sebagai berikut:                                                    Commissioners of Bank Raya who attended the 2024 AGMS:




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 Komisaris Utama                                                               Muhamad Sidik Heruwibowo
 President Commissioner
 Komisaris                                                                     Achmad Fatachul Chijabul Barir
 Commissioner
 Komisaris Independen                                                          Eko Budi Supriyanto
 Independent Commissioner
 Komisaris Independen                                                          Retno Wahyuni Wijayanti
 Independent Commissioner
 Komisaris Independen                                                          Johanes Kuntjoro Adisardjono
 Independent Commissioner



 Direktur Utama                                                                Ida Bagus Ketut Subagia
 President Director
 Direktur Retail Agri & Pendanaan                                              Dedy Hendrianto
 Director of Retail Agri & Funding
 Direktur Digital dan Operasional                                              Bhimo Wikan Hantoro
 Director of Digital and Operations
 Direktur Enterprise Risk Management, Compliance & Human Resources             Danar Widyantoro
 Director of Enterprise Risk Management, Compliance & Human Resources
 Direktur Keuangan                                                             Rustarti Suri Pertiwi
 Director of Finance




Kehadiran Pemegang Saham                                                        Shareholder Attendance
Saham yang hadir dan/atau diwakili dalam Rapat berjumlah 21.664.190.515         The shares present and/or represented at the Meeting amounted to
saham yang setara dengan 87,57% dari seluruh jumlah saham dengan                21,664,190,515 shares, equivalent to 87.57% of the total number of shares
hak suara yang sah yang telah dikeluarkan Bank Raya.                            with valid voting rights issued by Bank Raya.


Mekanisme Pengambilan Keputusan Rapat                                           Mechanism for Adopting Meeting Resolutions
Keputusan dalam Rapat diambil berdasarkan musyawarah untuk mufakat.             Resolutions at the Meeting were adopted based on deliberation for consensus.
Dalam hal musyawarah untuk mufakat tidak tercapai, maka keputusan               In the event that deliberation for consensus was not reached, resolutions
diambil dengan pemungutan suara.                                                were adopted by voting.


Pihak Independen Penghitung Suara                                               Independent Vote Counting Party
Penghitungan suara untuk dasar pengambilan keputusan Rapat dilakukan            The vote counting for the basis of adopting resolutions at the Meeting was
oleh PT Datindo Entrycom selaku Biro Administrasi Efek. Selanjutnya,            carried out by PT Datindo Entrycom as the Securities Administration Bureau.
validasinya dilaksanakan oleh Pratiwi Handayani, S.H., Notaris di Jakarta       Furthermore, the validation was carried out by Pratiwi Handayani, S.H., a
Pusat.                                                                          Notary in Central Jakarta.


Kesempatan Mengajukan Pertanyaan dan/atau                                       Opportunity to Convey Questions and/or Opinions,
Pendapat, serta Hasil Pemungutan Suara dalam                                    and Voting Results at the Meeting
Rapat
Para Pemegang Saham atau kuasanya telah diberikan kesempatan untuk              Shareholders or their proxies were given the opportunity to convey questions
mengajukan pertanyaan dan/atau pendapat dalam setiap Mata Acara                 and/or opinions in each Meeting Agenda Item. The number of Shareholders
Rapat. Jumlah Pemegang Saham atau kuasanya, baik yang hadir fisik               or their proxies, both physically and/or electronically present, who submitted
dan/atau elektronik, yang mengajukan pertanyaan dan/atau pendapat               questions and/or opinions at the Meeting, and the results of adopting
dalam Rapat, serta hasil pengambilan keputusan melalui pemungutan               resolution through voting, which included e-Proxy votes via eASY.KSEI, are
suara yang didalamnya termasuk suara e-Proxy melalui eASY.KSEI sebagai          as follows:
berikut:




                                                                                          Laporan Tahunan & Laporan Keberlanjutan
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             Ikhtisar Kinerja                                      Laporan Manajemen                                     Profil Perusahaan                               Tinjauan Pendukung Bisnis
             Performance Highlights                                Management Report                                     Company Profile                                 Overview of Business Support Units




                                                                                                                                                                                                   Pertanyaan/
     Mata Acara                         Setuju                               Tidak Setuju                                Abstain                                 Total Setuju*                      Pendapat
     Agenda Item                        Agree                                  Disagree                                  Abstain                                 Total Agree*                       Questions/
                                                                                                                                                                                                     Opinions

    Kesatu               21.654.586.205 suara atau                5.101 suara atau mewakili               9.599.209 suara atau mewakili              21.664.185.414 suara atau                  1 (satu)
                         mewakili 99,9556673% dari                0,0000235% dari seluruh saham           0,0443091% dari seluruh saham              mewakili 99,9999765% dari seluruh
                         seluruh saham dengan hak                 dengan hak suara yang sah               dengan hak suara yang sah yang             saham dengan hak suara yang
                         suara yang sah yang hadir                yang hadir dalam Rapat                  hadir dalam Rapat                          sah yang hadir dalam Rapat
                         dalam Rapat

    First                21,654,586,205 votes or                  5,101 votes or representing             9,599,209 votes or representing            21,664,185,414 votes or                    1 (one)
                         representing 99.9556673% of              0.0000235% of all shares with           0.0443091% of all shares with              representing 99.9999765% of all
                         all shares with valid voting rights      valid voting rights who were            valid voting rights who were               shares with valid voting rights who
                         who were present at the Meeting          present at the Meeting                  present at the Meeting                     were present at the Meeting
    Kedua                21.654.586.205 suara atau                5.101 suara atau mewakili               9.599.209 suara atau mewakili              21.664.185.414 suara atau                  - (tidak ada)
                         mewakili 99,9556673% dari                0,0000235% dari seluruh saham           0,0443091% dari seluruh saham              mewakili 99,9999765% dari seluruh
                         seluruh saham dengan hak                 dengan hak suara yang sah               dengan hak suara yang sah yang             saham dengan hak suara yang
                         suara yang sah yang hadir                yang hadir dalam Rapat                  hadir dalam Rapat                          sah yang hadir dalam Rapat
                         dalam Rapat

    Second               21,654,586,205 votes or                  5,101 votes or representing             9,599,209 votes or representing            21,664,185,414 votes or                    - (none)
                         representing 99.9556673% of              0.0000235% of all shares with           0.0443091% of all shares with              representing 99.9999765% of all
                         all shares with valid voting rights      valid voting rights who were            valid voting rights who were               shares with valid voting rights who
                         who were present at the Meeting          present at the Meeting                  present at the Meeting                     were present at the Meeting
    Ketiga               21.654.586.205 suara atau                5.101 suara atau mewakili               9.673.409 suara atau mewakili              21.664.185.414 suara atau                  - (tidak ada)
                         mewakili 99,9556673% dari                0,0000235% dari seluruh saham           0,0446516% dari seluruh saham              mewakili 99,9999765% dari seluruh
                         seluruh saham dengan hak suara           dengan hak suara yang sah               dengan hak suara yang sah yang             saham dengan hak suara yang
                         yang sah yang hadir dalam                yang hadir dalam Rapat                  hadir dalam Rapat                          sah yang hadir dalam Rapat
                         Rapat

    Third                21,654,586,205 votes or                  5,101 votes or representing             9,673,409 votes or representing            21,664,185,414 votes or                    - (none)
                         representing 99.9556673% of              0.0000235% of all shares with           0.0446516% of all shares with              representing 99.9999765% of all
                         all shares with valid voting rights      valid voting rights who were            valid voting rights who were               shares with valid voting rights who
                         who were present at the Meeting          present at the Meeting                  present at the Meeting                     were present at the Meeting
    Keempat              21.654.586.205 suara atau                5.101 suara atau mewakili               9.599.209 suara atau mewakili              21.664.185.414 suara atau                  - (tidak ada)
                         mewakili 99,9556673% dari                0,0000235% dari seluruh saham           0,0443091% dari seluruh saham              mewakili 99,9999765% dari seluruh
                         seluruh saham dengan hak suara           dengan hak suara yang sah               dengan hak suara yang sah yang             saham dengan hak suara yang
                         yang sah yang hadir dalam                yang hadir dalam Rapat                  hadir dalam Rapat                          sah yang hadir dalam Rapat
                         Rapat

    Fourth               21,654,586,205 votes or                  5,101 votes or representing             9,599,209 votes or representing            21,664,185,414 votes or                    - (none)
                         representing 99.9556673% of              0.0000235% of all shares with           0.0443091% of all shares with              representing 99.9999765% of all
                         all shares with valid voting rights      valid voting rights who were            valid voting rights who were               shares with valid voting rights who
                         who were present at the Meeting          present at the Meeting                  present at the Meeting                     were present at the Meeting
    Kelima               Mata Acara ini bersifat laporan. Oleh karenanya, Bank Raya tidak melakukan pemungutan suara untuk pengambilan putusan Rapat.
    Fifth                This agenda item is a report in nature. Therefore, Bank Raya did not hold a vote to reach a resolution of the Meeting.
    Keenam               21.487.408.406 suara atau                166.982.900 suara atau                  9.799.209 suara atau mewakili              21.497.207.615 suara atau                  - (tidak ada)
                         mewakili 99,1839893% dari                mewakili 0,7707784% dari                0,0452323% dari seluruh saham              mewakili 99,2292216% dari seluruh
                         seluruh saham dengan hak suara           seluruh saham dengan hak                dengan hak suara yang sah yang             saham dengan hak suara yang
                         yang sah yang hadir dalam                suara yang sah yang hadir               hadir dalam Rapat                          sah yang hadir dalam Rapat
                         Rapat                                    dalam Rapat

    Sixth                21,487,408,406 votes or                  166,982,900 votes or                    9,799,209 votes or representing            21,497,207,615 votes or                    - (none)
                         representing 99.1839893% of              representing 0.7707784% of all          0.0452323% of all shares with              representing 99.2292216% of all
                         all shares with valid voting rights      shares with valid voting rights         valid voting rights who were               shares with valid voting rights who
                         who were present at the Meeting          who were present at the Meeting         present at the Meeting                     were present at the Meeting

    Ketujuh              21.487.408.406 suara atau                166.982.900 suara atau                  9.799.209 suara atau mewakili              21.497.207.615 suara atau                  - (tidak ada)
                         mewakili 99,1839893% dari                mewakili 0,7707784% dari                0,0452323% dari seluruh saham              mewakili 99,2292216% dari seluruh
                         seluruh saham dengan hak suara           seluruh saham dengan hak                dengan hak suara yang sah yang             saham dengan hak suara yang
                         yang sah yang hadir dalam                suara yang sah yang hadir               hadir dalam Rapat                          sah yang hadir dalam Rapat
                         Rapat                                    dalam Rapat

    Seventh              21,487,408,406 votes or                  166,982,900 votes or                    9,799,209 votes or representing            21,497,207,615 votes or                    - (none)
                         representing 99.1839893% of              representing 0.7707784% of all          0.0452323% of all shares with              representing 99.2292216% of all
                         all shares with valid voting rights      shares with valid voting rights         valid voting rights who were               shares with valid voting rights who
                         who were present at the Meeting          who were present at the Meeting         present at the Meeting                     were present at the Meeting
*     Sesuai Anggaran Dasar Perseroan dan Peraturan Otoritas Jasa Keuangan (‘POJK’) Nomor 15/POJK.04/2020 tentang Rencana dan Penyelenggaraan Rapat Umum Pemegang Saham Perusahaan Terbuka,
      suara Abstain dianggap mengeluarkan suara yang sama dengan suara mayoritas Pemegang Saham yang mengeluarkan suara. Oleh karenanya, sesuai perhitungan sistem PT Kustodian Sentral Efek Indonesia
      dan Biro Administrasi Efek, jumlah suara Abstain ditambahkan ke dalam suara Setuju.
      In accordance with the Company's Articles of Association and Financial Services Authority Regulation (POJK) Number 15/POJK.04/2020 on the Planning and Organizing the General Meeting of Shareholders of
      Public Companies, Abstain votes are considered to be the same as the majority of votes cast by the Shareholders. Therefore, according to the calculation of PT Kustodian Sentral Efek Indonesia and the Securities
      Administration Bureau, the number of Abstain votes is added to the Agree votes.




Keputusan RUPST                                                                                                 AGMS Resolutions
Seluruh keputusan RUPST telah dimuat dalam Akta No. 22 tanggal 30 April                                         All AGMS resolutions are contained in Deed No. 22 dated April 30, 2024,
2024 yang dibuat oleh dan di hadapan Pratiwi Handayani, S.H., Notaris di                                        drawn up by and before Pratiwi Handayani, S.H., a Notary in South Jakarta.
Kota Jakarta Selatan. Selain itu, keputusan tentang persetujuan atas                                            Furthermore, the resolution to approve the amendments to Bank Raya's
perubahan Anggaran Dasar (AD) Bank Raya juga telah dinyatakan kembali                                           Articles of Association was restated and all provisions of the Bank's Articles
dan disusun seluruh ketentuan Anggaran Dasar Bank tersebut dalam Akta                                           of Association were compiled in Deed No. 13 dated May 8, 2024, drawn
No. 13 tanggal 8 Mei 2024, yang dibuat di hadapan Notaris tersebut dan                                          up before the aforementioned Notary. The notification was received by




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       Management Discussion and Analysis                Good Corporate Governance                     Sustainability Report                    Audited Financial Report




telah memperoleh penerimaan pemberitahuan dari Menteri Hukum dan                      the Minister of Law and Human Rights of the Republic of Indonesia under
Hak Asasi Manusia Republik Indonesia berdasarkan Surat No. AHU-0090893.               Letter No. AHU-0090893.AH.01.11.2024 dated May 13, 2024.
AH.01.11. Tahun 2024 tanggal 13 Mei 2024.

Adapun informasi lengkap terkait agenda dan keputusan RUPST tersebut                  The complete information regarding the AGMS agenda and resolutions is
adalah sebagai berikut:                                                               as follows:


 Mata Acara Rapat Pertama     Persetujuan Laporan Tahunan dan Pengesahan Laporan Keuangan Perseroan, serta persetujuan Laporan Tugas Pengawasan Dewan
                              Komisaris Tahun Buku 2023, sekaligus Pemberian Pelunasan dan Pembebasan Tanggung Jawab Sepenuhnya ( volledig acquit et de charge)
                              kepada Direksi atas Tindakan Pengurusan Perseroan dan Dewan Komisaris atas Tindakan Pengawasan Perseroan yang Telah Dijalankan
                              Selama Tahun Buku 2023

 First Meeting Agenda Item    Approval of the Annual Report and Ratification of the Company's Financial Statements, as well as approval of the Board of Commissioners’
                              Supervisory Duty Report for the 2023 Fiscal Year, as well as the Granting of Full Release and Discharge (volledig acquit et de charge) to the
                              Board of Directors for the Company’s Management Actions and the Board of Commissioners for the Company’s Supervisory Actions Carried
                              Out During the 2023 Fiscal Year
 Keputusan Rapat              Menyetujui Laporan Tahunan Perseroan, termasuk mengesahkan :
                              1.  Menyetujui Laporan Tahunan Perseroan termasuk Laporan Tugas Pengawasan Dewan Komisaris Perseroan untuk Tahun Buku 2023
                                  yang berakhir pada tanggal 31 Desember 2023.
                              2.  Mengesahkan Laporan Keuangan perseroan untuk Tahun Buku 2023 yang berakhir pada tanggal 31 Desember 2023 yang telah diaudit
                                  oleh Kantor Akuntan Publik Purwantono, Sungkoro & Surja (firma anggota jaringan Ernst & Young Global) sesuai Laporan Nomor
                                  00209/2.1032/AU.1/07/1008-3/1/III/2024 tanggal 14 Maret 2024 dengan opini wajar dalam semua hal yang material.
                              3.  Dengan telah disetujuinya Laporan Tahunan Perseroan termasuk Laporan Tugas Pengawasan Dewan Komisaris, dan disahkannya
                                  Laporan Keuangan perseroan seluruhnya untuk Tahun Buku 2023 yang berakhir pada tanggal 31 Desember 2023, maka RUPS
                                  memberikan pelunasan dan pembebasan tanggung jawab sepenuhnya (volledig acquit et de charge) kepada seluruh anggota Direksi
                                  atas tindakan pengurusan Perseroan dan kepada seluruh anggota Dewan Komisaris atas tindakan pengawasan Perseroan yang telah
                                  dijalankan selama Tahun Buku 2023 yang berakhir pada tanggal 31 Desember 2023, sepanjang tindakan tersebut bukan merupakan
                                  tindak pidana dan tercermin dalam laporan tersebut di atas. yang berakhir pada tanggal 31 Desember 2023, sepanjang tindakan
                                  tersebut bukan merupakan tindak pidana dan tercermin dalam laporan tersebut di atas.

 Meeting Resolutions          Approved the Company's Annual Report, including ratifying:
                              1.  Approved the Company's Annual Report, including the Company's Board of Commissioners’ Supervisory Report for the 2023 Fiscal Year
                                  ending December 31, 2023.
                              2.  Ratified the Company's Financial Statements for the 2023 Fiscal Year ending December 31, 2023, audited by Public Accounting Firm
                                  Purwantono, Sungkoro & Surja (a member firm of Ernst & Young Global network) in accordance with Report Number 00209/2.1032/
                                  AU.1/07/1008-3/1/III/2024 dated March 14, 2024, with an unqualified opinion.
                              3.  By the approval of the Company’s Annual Report including the Board of Commissioners’ Supervisory Duty Report, and the ratification of
                                  the Company's Financial Statements in its entirety for the 2023 Fiscal Year ending on December 31, 2023, the GMS granted full release
                                  and discharge (volledig acquit et de charge) to all members of the Board of Directors for their management of the Company and to all
                                  members of the Board of Commissioners for their supervisory actions for the Company that were carried out during the 2023 Fiscal Year
                                  ending on December 31, 2023, as long as such actions do not constitute a criminal act and are reflected in the aforementioned report.
 Status Pelaksanaan           Telah direalisasikan pada tahun 2024.
 Implementation Status        Realized in 2024.



 Mata Acara Rapat Kedua       Penetapan Penggunaan Laba Bersih Perseroan untuk Tahun Buku 2023
 Second Meeting Agenda Item   Appropriation of the Use of the Company's Net Profit for the 2023 Fiscal Year
 Keputusan Rapat              1.   Menyetujui penggunaan Laba Bersih Perseroan untuk Tahun Buku 2023 yaitu sebesar Rp24.351.038.528,- (dua puluh empat miliar tiga
                                   ratus lima puluh satu juta tiga puluh delapan ribu lima ratus dua puluh delapan rupiah) dengan pembagian sebagai berikut:
                              2.   Sebanyak 100% (seratus persen) atau sebesar Rp24.351.038.528,- (dua puluh empat miliar tiga ratus lima puluh satu juta tiga puluh
                                   delapan ribu lima ratus dua puluh delapan rupiah) digunakan sebagai Saldo Laba yang Belum Ditentukan Penggunaannya (retained
                                   earnings).
                              3.   Tidak dilakukan pembagian Dividen atas Laba Bersih Setelah Pajak Perseroan Tahun Buku 2023.

 Meeting Resolutions          1.   Approved the appropriation of the Company's Net Profit for the 2023 Fiscal Year, amounting to Rp24,351,038,528 (twenty-four billion
                                   three hundred fifty-one million thirty-eight thousand five hundred twenty-eight rupiah), with the following distribution:
                              2.   As much as 100% (one hundred percent) or Rp24,351,038,528 (twenty-four billion three hundred fifty-one million thirty-eight thousand
                                   five hundred twenty-eight rupiah) is used as Unappropriated Retained Earnings.
                              3.   No dividends will be distributed on the Company's Net Profit After Tax for the 2023 Fiscal Year.
 Status Pelaksanaan           Telah direalisasikan pada tahun 2024.
 Implementation Status        Realized in 2024.



 Mata Acara Rapat Ketiga      Penetapan Remunerasi (gaji/honorarium, fasilitas dan tunjangan) untuk Tahun Buku 2024, serta Insentif Kinerja untuk Tahun Buku 2023, bagi
                              Direksi dan Dewan Komisaris Perseroan

 Third Meeting Agenda Item    Determination of Remuneration (salary/honorarium, facilities and allowances) for the 2024 Fiscal Year, as well as Performance Incentives for
                              the 2023 Fiscal Year, for the Company's Board of Directors and Board of Commissioners




                                                                                               Laporan Tahunan & Laporan Keberlanjutan
                                                                                                              Annual Report & Sustainability Report   2025 299
Page 300
       Ikhtisar Kinerja                            Laporan Manajemen                            Profil Perusahaan                       Tinjauan Pendukung Bisnis
       Performance Highlights                      Management Report                            Company Profile                         Overview of Business Support Units




Keputusan Rapat                 1.   Menyetujui pemberian wewenang dan kuasa kepada Dewan Komisaris Perseroan dengan terlebih dahulu mendapatkan persetujuan PT
                                     Bank Rakyat Indonesia (Persero) Tbk sebagai Pemegang Saham Pengendali Perseroan, untuk menetapkan besarnya Remunerasi (gaji/
                                     honorarium, fasilitas dan tunjangan) untuk Tahun Buku 2024 bagi Direksi & Dewan Komisaris Perseroan
                                2.   Menyetujui pemberian wewenang dan kuasa kepada Dewan Komisaris Perseroan dengan terlebih dahulu mendapat persetujuan PT
                                     Bank Rakyat Indonesia (Persero) Tbk. sebagai Pemegang Saham Pengendali Perseroan, untuk menetapkan atau tidak menetapkan
                                     pembayaran dan jumlah pembayaran Insentif Kinerja untuk Tahun 2023 bagi Direksi dan Dewan Komisaris, dengan memperhatikan
                                     kondisi keuangan Perseroan.

Meeting Resolutions             1.   Approved the granting of authority and power to the Company's Board of Commissioners, by first obtaining approval from PT Bank Rakyat
                                     Indonesia (Persero) Tbk. as the Company's Controlling Shareholder, to determine the amount of remuneration (salary/honorarium, facilities,
                                     and allowances) for the 2024 Fiscal Year for the Company's Board of Directors and Board of Commissioners.
                                2.   Approved the granting of authority and power to the Company's Board of Commissioners, by first obtaining approval from PT Bank
                                     Rakyat Indonesia (Persero) Tbk. as the Company's Controlling Shareholder, to determine or not determine the payment and amount of
                                     Performance Incentive payments for the 2023 fiscal year for the Board of Directors and Board of Commissioners, by taking into account
                                     the Company's financial condition.
Status Pelaksanaan              Telah direalisasikan pada tahun 2024.
Implementation Status           Realized in 2024.



Mata Acara Rapat Keempat        Penunjukan Akuntan Publik dan/atau Kantor Akuntan Publik untuk Mengaudit Laporan Keuangan Perseroan Tahun Buku 2024
Fourth Meeting Agenda Item      Appointment of a Public Accountant and/or Public Accounting Firm to Audit the Company's Financial Statements for the 2024 Fiscal Year
Keputusan Rapat                 1.   Menyetujui penunjukan Purwantono, Sungkoro & Surja (firma anggota jaringan Ernst & Young Global) sebagai Kantor Akuntan Publik
                                     yang akan mengaudit Laporan Keuangan Perseroan Tahun Buku 2024.
                                2.   Menyetujui pemberian wewenang dan kuasa kepada Dewan Komisaris Perseroan untuk melakukan:
                                     a.  Penunjukan Akuntan Publik dan/atau Kantor Akuntan Publik untuk melakukan audit atas Laporan Keuangan Perseroan periode
                                         lainnya pada Tahun Buku 2024 untuk tujuan dan kepentingan Perseroan; dan
                                     b.  Penetapan imbalan jasa audit dan persyaratan lainnya bagi Akuntan Publik dan/atau Kantor Akuntan Publik tersebut, serta
                                         menunjuk Akuntan Publik dan/atau Kantor Akuntan Publik Pengganti dalam hal KAP Purwantono, Sungkoro & Surja (firma anggota
                                         jaringan Ernst & Young Global), karena sebab apapun, tidak dapat menyelesaikan audit Laporan Keuangan Perseroan Tahun
                                         Buku 2024 dan/atau periode lainnya pada Tahun Buku 2024, termasuk menetapkan imbalan jasa audit dan persyaratan lainnya
                                         bagi Akuntan Publik dan/atau Kantor Publik Pengganti tersebut.

Meeting Resolutions             1.   Approved the appointment of Purwantono, Sungkoro & Surja (a member firm of Ernst & Young Global network) as the Public Accounting
                                     Firm that will audit the Company's Financial Statements for the 2024 Fiscal Year.
                                2.   Approved the granting of authority and power to the Company's Board of Commissioners to carry out:
                                     a.    Appointment of a Public Accountant and/or Public Accounting Firm to conduct an audit of the Company's Financial Statements
                                           for other periods in the 2024 Fiscal Year for the purposes and interests of the Company; and
                                     b.    Determination of audit service fees and other requirements for the Public Accountant and/or Public Accounting Firm, and appointing
                                           a Replacement Public Accountant and/or Public Accounting Firm in the event that KAP Purwantono, Sungkoro & Surja (a member
                                           firm of Ernst & Young Global network), for any reason whatsoever, is unable to complete the audit of the Company's Financial
                                           Statements for the 2024 Fiscal Year and/or other periods in the 2024 Fiscal Year, including determining audit service fees and other
                                           requirements for the Replacement Public Accountant and/or Public Firm.
Status Pelaksanaan              Telah direalisasikan pada tahun 2024.
Implementation Status           Realized in 2024.



Mata Acara Rapat Kelima         Laporan Realisasi Penggunaan Dana Hasil Penawaran Umum Terbatas dalam Rangka Penambahan Modal Perseroan
Fifth Meeting Agenda Item       Report on Realization of the Use of Proceeds from Limited Public Offering in the Framework of the Company's Capital Increase
Keputusan Rapat                 Mata Acara ini bersifat laporan. Oleh karenanya, Perseroan tidak melakukan pemungutan suara untuk pengambilan putusan Rapat.
Meeting Resolutions             This agenda item was a report in nature. Therefore, the Company did not hold a vote to adopt resolution at the Meeting.
Status Pelaksanaan              Telah direalisasikan pada tahun 2024.
Implementation Status           Realized in 2024.



Mata Acara Rapat Keenam         Perubahan Anggaran Dasar Perseroan
Sixth Meeting Agenda Item       Amendments to the Company's Articles of Association
Keputusan Rapat                 1.   Menyetujui perubahan Anggaran Dasar Perseroan sebagai berikut:
                                     a.  Menambah 8 (delapan) ketentuan yang dicantumkan pada Pasal 11 ayat (27) tentang Direksi huruf f, g, h, i, j, k, l dan m terkait
                                         dengan pengunduran diri sebagai Direksi.
                                     b.  Mengubah Pasal 11 ayat (34) tentang Direksi terkait dengan larangan rangkap jabatan.
                                     c.  Menambah 8 (delapan) ayat pada Pasal 11 yang dituangkan pada ayat 35 sampai dengan 42 tentang Direksi yang mengatur
                                         rangkap jabatan.
                                     d.  Menambah 12 (dua belas) angka pada Pasal 12 ayat 2 huruf b, yang dituangkan pada angka 19 sampai dengan 30, mengatur
                                         tentang kewajiban Direksi.
                                     e.  Menambah 1 (satu) Pasal yang dituangkan pada Pasal 12A mengatur mengenai Aspek Transparansi Direksi.
                                     f.  Menambah 6 (enam) huruf pada Pasal 14 ayat (35) yang dituangkan pada huruf g sampai dengan l, mengatur mengenai larangan
                                         rangkap jabatan.
                                     g.  Menambah 1 (satu) ayat yang dituangkan pada Pasal 14 ayat (38) yang mengatur mengenai Komite Remunerasi dan Nominasi.
                                     h.  Menambah 1 (satu) ayat yang dituangkan pada Pasal 14 ayat (39) yang mengatur mengenai pengecualian rangkap jabatan
                                         Dewan Komisaris.
                                     i.  Menambah 3 (tiga) angka pada Pasal 14 ayat 2 huruf b yang dituangkan pada angka 17 sampai dengan 19, mengatur mengenai
                                         kewajiban Dewan Komisaris.
                                     j.  Menambah 1 (satu) Pasal yang dituangkan pada Pasal 15A, mengatur tentang Aspek Transparansi Dewan Komisaris.
                                     k.  Perubahan Pasal 31 tentang ketentuan Penutup.
                                2.   Menyetujui untuk menyusun kembali seluruh ketentuan dalam Anggaran Dasar perseroan sehubungan dengan perubahan sebagaimana
                                     dimaksud pada butir 1 (satu) tersebut di atas yang lampiran seluruh anggaran dasarnya sebagaimana dilekatkan pada minuta akta notaris;




300 PT Bank Raya Indonesia Tbk
Page 301
      Analisis dan Pembahasan Manajemen                    Tata Kelola Perusahaan                          Laporan Keberlanjutan                    Laporan Keuangan Audit
      Management Discussion and Analysis                   Good Corporate Governance                       Sustainability Report                    Audited Financial Report




                              3.   Memberikan wewenang dan kuasa kepada Direksi dengan hak substitusi untuk melakukan segala tindakan yang diperlukan berkaitan
                                   dengan keputusan Rapat, termasuk namun tidak terbatas pada menyusun dan menyatakan kembali seluruh Anggaran Dasar Perseroan
                                   jika hal tersebut dipersyaratkan oleh instansi yang berwenang dan menyampaikan kepada instansi yang berwenang untuk mendapatkan
                                   persetujuan dan tanda penerimaan pemberitahuan perubahan Anggaran Dasar Perseroan, serta melakukan segala sesuatu yang
                                   dipandang perlu dan berguna untuk keperluan tersebut dengan tidak ada satupun yang dikecualikan.

Meeting Resolutions           1.   Approved the amendment to the Company's Articles of Association as follows:
                                   a.    Adding 8 (eight) provisions as stated in Article 11 paragraph (27) on the Board of Directors letters f, g, h, i, j, k, l and m related to
                                         resignation as Director.
                                   b.    Amending Article 11 paragraph (34) on the Board of Directors related to prohibition on holding concurrent positions
                                   c.    Adding 8 (eight) paragraphs to Article 11 as stated in paragraphs 35 to 42 on the Board of Directors that regulate concurrent
                                         positions.
                                   d.    Adding 12 (twelve) numbers to Article 12 paragraph 2 letter b, which are stated in numbers 19 to 30, regulating the obligations of
                                         the Board of Directors.
                                   e.    Adding 1 (one) Article as stated in Article 12A, regulating the Transparency Aspect of the Board of Directors.
                                   f.    Adding 6 (six) letters to Article 14 paragraph (35), as stated in letters g to l, regulating the prohibition of concurrent positions.
                                   g.    Adding 1 (one) paragraph stated in Article 14 paragraph (38), which regulates the Remuneration and Nomination Committee
                                   h.    Adding 1 (one) paragraph stated in Article 14 paragraph (39) which regulates the exception of concurrent positions of the Board
                                         of Commissioners.
                                   i.    Adding 3 (three) numbers to Article 14 paragraph 2 letter b, as stated in numbers 17 to 19, regulating the obligations of the Board
                                         of Commissioners.
                                   j.    Adding 1 (one) Article stated in Article 15A, regulating the Transparency Aspect of the Board of Commissioners.
                                   k.    Amendments to Article 31 on Closing Provisions.
                              2.   Approved to re-arrange all provisions in the Company's Articles of Association in connection with the amendments as referred to in point
                                   1 (one) above, the attachment of all its articles of association as attached to the minutes of the notarial deed;
                              3.   Granted authority and power to the Board of Directors with substitution right to take all necessary actions related to the resolutions of the
                                   Meeting, including but not limited to compiling and restating the entire Articles of Association of the Company if required by the authorized
                                   agency and submitting it to the authorized agency to obtain approval and a receipt for notification of amendments to the Company's
                                   Articles of Association, as well as conducting everything deemed necessary and useful for this purpose without exeption.
Status Pelaksanaan            Telah direalisasikan pada tahun 2024.
Implementation Status         Realized in 2024.



Mata Acara Rapat Ketujuh      Perubahan Pengurus Perseroan
Seventh Meeting Agenda Item   Changes in the Company's Management
Keputusan Rapat               1.   Memberhentikan dengan hormat Sdr. Eko B. Supriyanto sebagai Komisaris Independen. Pemberhentian tersebut terhitung sejak di
                                   tutupnya rapat ini disertai dengan ucapan terima kasih atas sumbangan tenaga, pikiran dan kontribusi yang diberikan selama menjabat
                                   sebagai Anggota Dewan Komisaris.
                              2.   Memberhentikan dengan hormat Sdr. Achmad F.C. Barir sebagai Komisaris. Pemberhentian tersebut terhitung sejak di tutupnya rapat
                                   ini disertai dengan ucapan terima kasih atas sumbangan tenaga, pikiran dan kontribusi yang diberikan selama menjabat sebagai
                                   Anggota Dewan Komisaris.
                              3.   Memberhentikan dengan hormat Sdr. Bhimo Wikan Hantoro sebagai Direktur Digital dan Operasional. Pemberhentian tersebut terhitung
                                   sejak di tutupnya rapat ini disertai dengan ucapan terima kasih atas sumbangan tenaga, pikiran dan kontribusi yang diberikan selama
                                   menjabat sebagai Anggota Direksi.
                              4.   Memberhentikan dengan hormat Sdr. Dedy Hendrianto sebagai Direktur Retail Agri dan Pendanaan. Pemberhentian tersebut terhitung
                                   sejak di tutupnya rapat ini disertai dengan ucapan terima kasih atas sumbangan tenaga, pikiran dan kontribusi yang diberikan selama
                                   menjabat sebagai Anggota Direksi.
                              5.   Mengangkat Sdr. Christophorus Heru Budiargo sebagai Komisaris Independen. Komisaris Independen tersebut baru dapat melaksanakan
                                   tugas dan fungsi dalam jabatannya apabila telah mendapatkan persetujuan dari Otoritas Jasa Keuangan dan memenuhi ketentuan
                                   perundang undangan yang berlaku. Berakhirnya masa jabatan Komisaris Independen tersebut adalah sampai dengan ditutupnya RUPS
                                   Tahunan yang ke-3 sejak pengangkatan yang bersangkutan dengan memperhatikan peraturan perundang-undangan yang berlaku
                                   dan tanpa mengurangi hak RUPS untuk memberhentikan sewaktu waktu.
                              6.   Mengangkat Sdr. Lukman Hakim sebagai Direktur Digital dan Operasional. Direktur tersebut baru dapat melaksanakan tugas dan fungsi
                                   dalam jabatannya apabila telah mendapatkan persetujuan dari Otoritas Jasa Keuangan dan memenuhi ketentuan perundang undangan
                                   yang berlaku. Berakhirnya masa jabatan Direktur tersebut adalah sampai dengan ditutupnya RUPS Tahunan yang ke-3 sejak Pengangkatan
                                   yang bersangkutan dengan memperhatikan peraturan perundang-undangan yang berlaku dan tanpa mengurangi hak RUPS untuk
                                   memberhentikan sewaktu waktu.
                              7.   Mengangkat Sdr. Kicky Andrie Davetra sebagai Direktur Retail Agri dan Pendanaan. Direktur tersebut baru dapat melaksanakan tugas
                                   dan fungsi dalam jabatannya apabila telah mendapatkan persetujuan dari Otoritas Jasa Keuangan dan memenuhi ketentuan perundang
                                   undangan yang berlaku. Berakhirnya masa jabatan Direktur tersebut adalah sampai dengan ditutupnya RUPS Tahunan yang ke-3 sejak
                                   Pengangkatan yang bersangkutan dengan memperhatikan peraturan perundang-undangan yang berlaku dan tanpa mengurangi hak
                                   RUPS untuk memberhentikan sewaktu waktu.
                              8.   Dengan adanya perubahan tersebut, maka susunan Dewan Komisaris dan Direksi PT Bank Raya Indonesia Tbk. adalah sebagai berikut:

                                    Komisaris Utama                                               Muhamad Sidik Heruwibowo
                                    Komisaris Independen                                          Retno Wahyuni Wijayanti
                                    Komisaris Independen                                          Johanes Kuntjoro Adisardjono
                                    Komisaris Independen                                          Christophorus Heru Budiargo*
                                    Komisaris                                                     -

                                   * Efektif Setelah Penilaian Kemampuan dan Kepatutan disetujui Otoritas Jasa Keuangan


                                    Direktur Utama                                                Ida Bagus Ketut Subagia
                                    Direktur Keuangan                                             Rustarti Suri Pertiwi
                                    Direktur Enterprise Risk Management, Compliance &             Danar Widyantoro
                                    Human Resources
                                    Direktur Retail Agri & Pendanaan                              Kicky Andrie Davetra*
                                    Direktur Digital dan Operasional                              Lukman Hakim*

                                   * Efektif Setelah Penilaian Kemampuan dan Kepatutan disetujui Otoritas Jasa Keuangan




                                                                                                  Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                Annual Report & Sustainability Report      2025 301
Page 302
        Ikhtisar Kinerja                             Laporan Manajemen                               Profil Perusahaan                          Tinjauan Pendukung Bisnis
        Performance Highlights                       Management Report                               Company Profile                            Overview of Business Support Units




 Meeting Resolutions             1.   Honorably dismissed Mr. Eko B. Supriyanto as Independent Commissioner. The dismissal is effective since the closing of this meeting, with
                                      an expression of gratitude for the contribution of energy, thoughts and contributions given during his term as a Member of the Board of
                                      Commissioners.
                                 2.   Honorably dismissed Mr. Achmad F.C. Barir as Commissioner. The dismissal is effective since the closing of this meeting, with an expression
                                      of gratitude for the contribution of energy, thoughts, and contributions given during his term as a Member of the Board of Commissioners.
                                 3.   Honorably dismissed Mr. Bhimo Wikan Hantoro as Director of Digital and Operations. The dismissal is effective since the closing of this
                                      meeting, with an expression of gratitude for the contributions of energy, ideas, and contributions given during his term as a Member of
                                      the Board of Directors.
                                 4.   Honorably dismissed Mr. Dedy Hendrianto as Director of Retail Agri and Funding. The dismissal is effective since the closing of this meeting,
                                      with an expression of gratitude for the contributions of energy, ideas, and contributions given during his term as a Member of the Board
                                      of Directors.
                                 5.   Appointed Mr. Christophorus Heru Budiargo as an Independent Commissioner. The Independent Commissioner may only carry out his
                                      duties and functions in his position after obtaining approval from the Financial Services Authority and complies with the applicable laws
                                      and regulations. The term of office of the Independent Commissioner shall end at the closing of the 3rd Annual GMS since his appointment,
                                      by taking into account the applicable laws and regulations and without prejudice to the GMS rights to dismiss him at any time.
                                 6.   Appointed Mr. Lukman Hakim as Director of Digital and Operations. The Director may only carry out his duties and functions in his position after
                                      obtaining approval from the Financial Services Authority and complies with applicable laws and regulations. The term of office of the Director
                                      shall end at the closing of the 3rd Annual GMS since his appointment, by taking into account applicable laws and regulations and without
                                      prejudice to the GMS rights to dismiss him at any time.
                                 7.   Appointed Mr. Kicky Andrie Davetra as Director of Retail Agri and Funding. The Director may only carry out the duties and functions in his position
                                      after obtaining approval from the Financial Services Authority and complies with applicable laws and regulations. The term of office of the
                                      Director shall end at the closing of the 3rd Annual GMS since his appointment, by taking into account the applicable laws and regulations and
                                      without prejudice to the GMS rights to dismiss him at any time.
                                 8.   With these changes, the composition of the Board of Commissioners and Board of Directors of PT Bank Raya Indonesia Tbk. is as follows:


                                       President Commissioner                                          Muhamad Sidik Heruwibowo
                                       Independent Commissioner                                        Retno Wahyuni Wijayanti
                                       Independent Commissioner                                        Johanes Kuntjoro Adisardjono
                                       Independent Commissioner                                        Christophorus Heru Budiargo*
                                       Commissioner                                                    -

                                      * Effective after passing the Fit and Proper Test by the Financial Services Authority


                                       President Director                                              Ida Bagus Ketut Subagia
                                       Director of Finance                                             Rustarti Suri Pertiwi
                                       Director of Enterprise Risk Management, Compliance &            Danar Widyantoro
                                       Human Resources
                                       Director of Retail Agri & Funding                               Kicky Andrie Davetra*
                                       Director of Digital and Operations                              Lukman Hakim*

                                      * Effective after passing the Fit and Proper Test by the Financial Services Authority
 Status Pelaksanaan              Telah direalisasikan pada tahun 2024.
 Implementation Status           Realized in 2024.




Penyelenggaraan RUPSLB Tahun 2025                                                            Implementation of The 2025 EGMS
Bank Raya tidak menyelenggarakan RUPLS Luar Biasa (RUPSLB) untuk                             Bank Raya did not hold any Extraordinary GMS (EGMS) for the 2025 Fiscal
tahun buku 2025. Sehubungan dengan hal tersebut, Bank tidak menyajikan                       Year. In connection with this, the Bank does not provide information related
informasi terkait dengan RUPSLB yang diselenggarakan pada tahun buku                         to the EGMS held in that Fiscal Year in this annual report and sustainability
tersebut pada laporan tahunan dan laporan berkelanjutan ini.                                 report.


Penyelenggaraan RUPSLB Tahun 2024                                                            Implementation of The 2024 EGMS
Bank Raya menyelenggarakan RUPS Luar Biasa (RUPSLB) pada hari Rabu                           Bank Raya held an Extraordinary General Meeting of Shareholders (EGMS)
tanggal 21 Agustus 2024, pukul 14.32-14.58 WIB yang berlokasi di Menara                      on Wednesday, August 21, 2024, at 14.32-14.58 WIB located at BRILiaN
BRILiaN Lantai 19 Jl. Gatot Subroto Kav. 64 No. 177A Menteng Dalam,                          Tower, 19th Floor, Jl. Gatot Subroto Kav. 64 No. 177A, Menteng Dalam,
Tebet, Jakarta Selatan, 12870.                                                               Tebet, Jakarta Selatan 12870.


Anggota Direksi dan Dewan Komisaris Perseroan                                                Members of the Company's Board of Directors and
yang Hadir dalam Rapat                                                                       Board of Commissioners Who Were Present at the
                                                                                             Meeting
Daftar anggota Direksi dan Dewan Komisaris Bank Raya yang menghadiri                         The list of members of Bank Raya’s Board of Directors and Board of
RUPSLB tahun 2024 adalah sebagai berikut:                                                    Commissioners attending the 2024 EGMS is as follows:


 Komisaris Utama                                                                               Muhamad Sidik Heruwibowo
 President Commissioner
 Komisaris Independen                                                                          Retno Wahyuni Wijayanti
 Independent Commissioner




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            Analisis dan Pembahasan Manajemen                                    Tata Kelola Perusahaan                                   Laporan Keberlanjutan                            Laporan Keuangan Audit
            Management Discussion and Analysis                                   Good Corporate Governance                                Sustainability Report                            Audited Financial Report




    Komisaris Independen                                                                                              Johanes Kuntjoro Adisardjono
    Independent Commissioner


    Direktur Utama                                                                                                    Ida Bagus Ketut Subagia
    President Director
    Direktur Keuangan                                                                                                 -
    Director of Finance
    Direktur Manajemen Risiko, Kepatuhan & Sumber Daya Manusia                                                        Danar Widyantoro
    Director of Enterprise Risk Management, Compliance & Human Resources
    Direktur Bisnis                                                                                                   Kicky Andrie Davetra
    Director of Business
    Direktur Digital dan Operasional                                                                                  Lukman Hakim
    Director of Digital and Operation




Kehadiran Pemegang Saham                                                                                            Shareholder Attendance
Saham yang hadir dan/atau diwakili dalam Rapat berjumlah 21.642.995.294                                             The shares present and/or represented at the Meeting amounted to
saham yang setara dengan 87,48% dari seluruh jumlah saham dengan                                                    21,642,995,294 shares, equivalent to 87.48% of the total number of shares
hak suara yang sah yang telah dikeluarkan Perseroan.                                                                with valid voting rights issued by the Company.


Mekanisme Pengambilan Keputusan Rapat                                                                               Mechanism for Adopting Meeting Resolutions
Keputusan dalam Rapat diambil berdasarkan musyawarah untuk mufakat.                                                 Resolutions at the Meeting were adopted based on deliberation for consensus.
Dalam hal musyawarah untuk mufakat tidak tercapai, maka keputusan diambil                                           In the event that deliberation for consensus was not reached, resolutions were
dengan pemungutan suara.                                                                                            adopted by voting.


Pihak Independen Penghitung Suara                                                                                   Independent Vote Counting Party
Penghitungan suara untuk dasar pengambilan keputusan Rapat dilakukan                                                The vote counting for the basis of adopting resolutions at the Meeting was carried
oleh PT Datindo Entrycom selaku Biro Administrasi Efek. Selanjutnya, validasinya                                    out by PT Datindo Entrycom, the Securities Administration Bureau. Validation
dilaksanakan oleh M. Nova Faisal, S.H., M.Kn, Notaris di Jakarta Selatan.                                           was then carried out by M. Nova Faisal, S.H., M.Kn., a Notary in South Jakarta.


Kesempatan Mengajukan Pertanyaan dan/atau                                                                           Opportunity to Convey Questions and/or Opinions,
Pendapat, serta Hasil Pemungutan Suara dalam                                                                        and Voting Results at the Meeting
Rapat
Para Pemegang Saham atau kuasanya telah diberikan kesempatan untuk                                                  Shareholders or their proxies were given the opportunity to convey questions
mengajukan pertanyaan dan/atau pendapat dalam setiap Mata Acara                                                     and/or opinions in each Meeting Agenda Item. The number of Shareholders
Rapat. Jumlah Pemegang Saham atau kuasanya, baik yang hadir fisik                                                   or their proxies, both physically and/or electronically present, who submitted
dan/atau elektronik, yang mengajukan pertanyaan dan/atau pendapat                                                   questions and/or opinions at the Meeting, as well as the results of adopting
dalam Rapat, serta hasil pengambilan keputusan melalui pemungutan                                                   resolution through voting, which includes e-Proxy votes via eASY.KSEI, are
suara yang didalamnya termasuk suara e-Proxy melalui eASY.KSEI sebagai                                              as follows:
berikut:


                                                                                                                                                                                                      Pertanyaan/
    Mata Acara                        Setuju                                Tidak Setuju                                  Abstain                                  Total Setuju*
                                                                                                                                                                                                        Pendapat
     Agenda                           Agree                                   Disagree                                    Abstain                                  Total Agree*
                                                                                                                                                                                                    Questions/Opinions

    Kesatu             21.488.694.495 suara atau                 154.296.199 suara atau mewakili          4.600 suara atau mewakili                    21.488.699.095 suara atau                    - (tidak ada)
                       mewakili 99,2870636% dari                 0,7129152% dari seluruh saham            0,0000213% dari seluruh saham                mewakili 99,2870848% dari seluruh
                       seluruh saham dengan hak suara            dengan hak suara yang sah                dengan hak suara yang sah yang               saham dengan hak suara yang
                       yang sah yang hadir dalam Rapat           yang hadir dalam Rapat                   hadir dalam Rapat                            sah yang hadir dalam Rapat

    First              21,488,694,495 votes or                   154,296,199 votes or                     4,600 votes or representing                  21,488,699,095 votes or                      - (none)
                       representing 99.2870636% of               representing 0.7129152% of all           0.0000213% of all shares with                representing 99.2870848% of all
                       all shares with valid voting rights       shares with valid voting rights          valid voting rights who were                 shares with valid voting rights who
                       who were present at the Meeting           who were present at the Meeting          present at the Meeting                       were present at the Meeting
    Kedua              21.642.990.694 suara atau                 4.400 suara atau mewakili                200 suara atau mewakili                      21.642.990.894 suara atau                    - (tidak ada)
                       mewakili 99,9999787% dari                 0,0000203% dari seluruh saham            0,0000009% dari seluruh saham                mewakili 99,9999797% dari seluruh
                       seluruh saham dengan hak suara            dengan hak suara yang sah                dengan hak suara yang sah yang               saham dengan hak suara yang
                       yang sah yang hadir dalam Rapat           yang hadir dalam Rapat                   hadir dalam Rapat                            sah yang hadir dalam Rapat

    Second             21,642,990,694 votes or                   4,400 votes or representing              200 votes or representing                    21,642,990,894 votes or                      - (none)
                       representing 99.9999787% of               0.0000203% of all shares with            0.0000009% of all shares with                representing 99.9999797% of all
                       all shares with valid voting rights       valid voting rights who were             valid voting rights who were                 shares with valid voting rights who
                       who were present at the Meeting           present at the Meeting                   present at the Meeting                       were present at the Meeting
*     Sesuai Anggaran Dasar Perseroan dan Peraturan Otoritas Jasa Keuangan (‘POJK’) Nomor 15/POJK.04/2020 tentang Rencana dan Penyelenggaraan Rapat Umum Pemegang Saham Perusahaan Terbuka,
      suara Abstain dianggap mengeluarkan suara yang sama dengan suara mayoritas Pemegang Saham yang mengeluarkan suara. Oleh karenanya, sesuai perhitungan sistem PT Kustodian Sentral Efek Indonesia
      dan Biro Administrasi Efek, jumlah suara Abstain ditambahkan ke dalam suara Setuju.
      In accordance with the Company's Articles of Association and Financial Services Authority Regulation (POJK) Number 15/POJK.04/2020 on the Planning and Organizing the General Meeting of Shareholders of Public
      Companies, Abstain votes are considered to be the same as the majority of votes cast by the Shareholders. Therefore, according to the calculation of PT Kustodian Sentral Efek Indonesia and the Securities Administration
      Bureau, the number of Abstain votes is added to the Agree votes.




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        Ikhtisar Kinerja                              Laporan Manajemen                       Profil Perusahaan                       Tinjauan Pendukung Bisnis
        Performance Highlights                        Management Report                       Company Profile                         Overview of Business Support Units




Keputusan RUPSLB                                                                       EGMS Resolutions
Seluruh keputusan RUPST telah dimuat dalam Akta No. 16 tanggal 21                      All resolutions of the EGMS were already stated in Deed No. 16 dated August
Agustus 2024 yang dibuat oleh dan di hadapan M. Nova Faisal, S.H., M.Kn.,              21, 2024, drawn up by and before M. Nova Faisal, S.H., M.Kn., a Notary in
Notaris di Jakarta Selatan. Adapun informasi lengkap terkait agenda dan                South Jakarta. Complete information regarding the EGMS agenda items
keputusan RUPSLB tersebut adalah sebagai berikut:                                      and resolutions is as follows:


 Mata Acara Rapat Pertama     Persetujuan atas Pembelian Kembali Saham Perseroan (Buyback) dan Pengalihan Saham Hasil Buyback yang disimpan Sebagai Saham
                              Treasuri (Treasury Stock)

 First Meeting Agenda Item    Approval of the Company's Share Buyback and Transfer of Shares from the Buyback that are Stored as Treasury Stock
 Keputusan Rapat              Menyetujui Laporan Tahunan Perseroan, termasuk mengesahkan :
                              1.  Menyetujui Pembelian Kembali Saham Perseroan (Buyback) yang telah dikeluarkan dan tercatat di Bursa Efek Indonesia (BEI) dengan
                                  jumlah seluruh Buyback sebesar-besarnya Rp20.000.000.000.- (dua puluh miliar rupiah) sudah termasuk biaya Buyback dan pajak yang
                                  dalam pelaksanaannya memperhatikan perizinan serta ketentuan dan peraturan perundang undangan yang berlaku.
                              2.  Menyetujui untuk memberikan kuasa dan wewenang pelaksanaan Buyback kepada Direksi Perseroan.
                              3.  Menyetujui pengalihan saham hasil Buyback yang disimpan sebagai Saham Treasuri (Treasury Stock) dalam rangka Program Kepemilikan
                                  Saham Pekerja dan/atau Direksi dan Dewan Komisaris yang memenuhi syarat untuk memiliki saham Perseroan sesuai dengan ketentuan
                                  dan peraturan perundang-undangan yang berlaku.
                              4.  Menyetujui untuk memberikan kuasa dan wewenang pelaksanaan pengalihan saham hasil Buyback yang disimpan sebagai Saham
                                  Treasuri (Treasury Stock) kepada:
                                  a.   Direksi Perseroan untuk Program Kepemilikan Saham Pekerja;
                                  b.   Direksi Perseroan dengan memperhatikan persetujuan Dewan Komisaris yang terlebih dahulu mendapatkan persetujuan Pemegang
                                       Saham Pengendali perseroan untuk Program Kepemilikan Saham Direksi dan/atau Dewan Komisaris yang memenuhi syarat untuk
                                       memiliki saham Perseroan, termasuk penetapan mengenai Remunerasi (Gaji/Honorarium, Fasilitas dan Tunjangan) dan Tantiem/
                                       Insentif Kinerja/Insentif Khusus bagi Direksi dan/atau Dewan Komisaris Perseroan.

 Meeting Resolutions          Approved the Company's Annual Report, including ratifying:
                              1.  Approved the Company’s Buyback of Shares issued and listed on Indonesia Stock Exchange (BEI) with a total Buyback amount of
                                  Rp20,000,000,000 (twenty billion rupiah), including Buyback costs and taxes, the implementation of which takes into account the permits
                                  and applicable laws and regulations.
                              2.  Approved the granting of power and authority to implement the Buyback to the Company's Board of Directors.
                              3.  Approved the transfer of shares from the Buyback that are stored as Treasury Stock in the framework of the Employee Share Ownership
                                  Program and/or the Board of Directors and Board of Commissioners who meet the requirements for owning the Company shares in
                                  accordance with the applicable laws and regulations.
                              4.  Approved the granting of power and authority to implement the transfer of shares from the Buyback that are stored as Treasury Stock to:
                                  a.   The Company’s Board of Directors for the Employee Stock Ownership Program;
                                  b.   The Company's Board of Directors, by taking into account the Board of Commissioners’ approval and having first obtained the Company's
                                       Controlling Shareholder’ approval for the Share Ownership Program for the Board of Directors and/or Board of Commissioners who meet
                                       the requirements for owning shares in the Company, including the determination of Remuneration (Salary/Honorarium, Facilities and
                                       Allowances) and Tantiem/Performance Incentives/Special Incentives for the Company's Board of Directors and/or Board of Commissioners.
 Status Pelaksanaan           Telah direalisasikan pada tahun 2024.
 Implementation Status        Realized in 2024.



 Mata Acara Rapat Kedua       Perubahan Susunan Pengurus Perusahaan
 Second Meeting Agenda Item   Changes to the Company's Management Composition
 Keputusan Rapat              1.   Menyetujui pengunduran diri dan mengukuhkan pemberhentian Sdr. Christophorus Heru Budiargo sebagai Komisaris Independen efektif
                                   terhitung sejak tanggal 21 Mei 2024 disertai dengan ucapan terima kasih atas sumbangan tenaga, pikiran dan kontribusi yang diberikan
                                   selama menjabat sebagai Anggota Dewan Komisaris.
                              2.   Mengangkat Sdri. Nyimas Dewi Ratih Kamil sebagai Komisaris. Komisaris tersebut baru dapat melaksanakan tugas dan fungsi dalam
                                   jabatannya apabila telah mendapatkan persetujuan dari Otoritas Jasa Keuangan dan memenuhi ketentuan perundang-undangan yang
                                   berlaku. Berakhirnya masa jabatan Komisaris tersebut adalah sampai dengan ditutupnya RUPS Tahunan yang ke-3 sejak pengangkatan
                                   yang bersangkutan, dengan memperhatikan peraturan perundang-undangan yang berlaku dan tanpa mengurangi hak RUPS untuk
                                   memberhentikan sewaktu-waktu.
                              3.   Mengubah Nomenklatur Direksi Perseroan sebagai berikut :

                                     No                               Semula                                                    Menjadi

                                    1        Direktur Enterprise Risk Management, Compliance &        Direktur Manajemen Risiko, Kepatuhan & Sumber Daya Manusia
                                             Human Resources
                                    2        Direktur Retail Agri & Pendanaan                         Direktur Bisnis

                              4.   Mengalihkan penugasan Sdr. Danar Widyantoro semula Direktur Enterprise Risk Management, Compliance & Human Resource menjadi
                                   Direktur Manajemen Risiko, Kepatuhan dan Sumber Daya Manusia dengan masa jabatan meneruskan sisa masa jabatan sesuai dengan
                                   Keputusan RUPS pengangkatan yang bersangkutan dan tanpa mengurangi hak RUPS untuk memberhentikan sewaktu-waktu.
                              5.   Mengalihkan penugasan Sdr. Kicky Andrie Davetra semula Direktur Retail Agri dan Pendanaan menjadi Direktur Bisnis dengan masa
                                   jabatan meneruskan sisa masa jabatan sesuai dengan Keputusan RUPS pengangkatan yang bersangkutan dan tanpa mengurangi hak
                                   RUPS untuk memberhentikan sewaktu-waktu.
                              6.   Dengan adanya perubahan tersebut, maka susunan Dewan Komisaris dan Direksi PT Bank Raya Indonesia Tbk. adalah sebagai berikut:

                                    Komisaris Utama                                                   Muhamad Sidik Heruwibowo
                                    Komisaris                                                         Nyimas Dewi Ratih Kamil*
                                    Komisaris Independen                                              Retno Wahyuni Wijayanti
                                    Komisaris Independen                                              Johanes Kuntjoro Adisardjono

                                    Direktur Utama                                                    Ida Bagus Ketut Subagia
                                    Direktur Keuangan                                                 Rustarti Suri Pertiwi
                                    Direktur Manajemen Risiko, Kepatuhan dan Sumber Daya Manusia      Danar Widyantoro
                                    Direktur Bisnis                                                   Kicky Andrie Davetra
                                    Direktur Digital dan Operasional                                  Lukman Hakim

                                   * Efektif setelah lulus Uji Kemampuan dan Kepatutan oleh Otoritas Jasa Keuangan


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      Management Discussion and Analysis                 Good Corporate Governance                       Sustainability Report                   Audited Financial Report




                           7.   Memberikan kuasa dan wewenang kepada Direksi dengan hak substitusi untuk melakukan segala tindakan yang diperlukan berkaitan
                                dengan keputusan agenda ini sesuai dengan ketentuan yang berlaku, termasuk untuk menyatakan dalam Akta Notaris tersendiri dan
                                memberitahukan susunan Anggota Dewan Komisaris dan Anggota Direksi kepada Kementerian Hukum dan HAM.
                           8.   Apabila dikemudian hari terdapat kekeliruan di dalamnya, akan diadakan pembetulan seperlunya.

Meeting Resolutions        1.   Approved the resignation and confirmed the dismissal of Mr. Christophorus Heru Budiargo as Independent Commissioner effective as of
                                May 21, 2024, with an expression of gratitude for the contribution of energy, thoughts and contributions made during his tenure as a Member
                                of the Board of Commissioners.
                           2.   Appointed Ms. Nyimas Dewi Ratih Kamil as Commissioner. The Commissioner may only carry out the duties and functions of her position
                                after obtaining approval from the Financial Services Authority and complies with the applicable laws and regulations. The term of office
                                of the Commissioner shall end at the closing of the 3rd Annual GMS since her appointment, with due observance of the applicable laws
                                and regulations and without prejudice to the GMS right to dismiss her at any time.
                           3.   Changed the Nomenclature of the Company's Board of Directors as follows:


                                   No                                 Formerly                                                           To be

                                 1        Director of Enterprise Risk Management, Compliance & Human         Director of Risk Management, Compliance and Human Resources
                                          Resources
                                 2        Director of Retail Agri & Funding                                  Director of Business

                           4.   Transferred the assignment of Mr. Danar Widyantoro, who was previously Director of Enterprise Risk Management, Compliance & Human
                                Resources, to Director of Risk Management, Compliance and Human Resources with a term of office continuing the remaining term of
                                office in accordance with the GMS Resolution appointing the person concerned and without prejudice to the GMS rights to dismiss at any
                                time.
                           5.   Transferred the assignment of Mr. Kicky Andrie Davetra from previously the Director of Retail Agri and Funding to Director of Business with
                                a term of office continuing the remaining term of office in accordance with the GMS Resolution appointing the person concerned and
                                without prejudice to the GMS rights to dismiss at any time.
                           6.   By these changes, the composition of the Board of Commissioners and Board of Directors of PT Bank Raya Indonesia Tbk. is as follows:


                                 President Commissioner                                               Muhamad Sidik Heruwibowo
                                 Commissioner                                                         Nyimas Dewi Ratih Kamil*
                                 Independent Commissioner                                             Retno Wahyuni Wijayanti
                                 Independent Commissioner                                             Johanes Kuntjoro Adisardjono


                                 President Director                                                   Ida Bagus Ketut Subagia
                                 Director of Finance                                                  Rustarti Suri Pertiwi
                                 Director of Risk Management, Compliance and Human Resources          Danar Widyantoro
                                 Director of Business                                                 Kicky Andrie Davetra
                                 Director of Digital and Operations                                   Lukman Hakim

                                * Effective after passing the Fit and Proper Test by the Financial Services Authority

                           7.   Granted power and authority to the Board of Directors with the substitution rights to take all necessary actions related to the resolutions on
                                this agenda item in accordance with applicable provisions, including to state in a separate Notarial Deed and notify the composition of
                                Members of the Board of Commissioners and Board of Directors to the Ministry of Law and Human Rights.
                           8.   If in the future there are errors therein, necessary corrections will be made.
Status Pelaksanaan         Telah direalisasikan pada tahun 2024.
Implementation Status      Realized in 2024.




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        Ikhtisar Kinerja                         Laporan Manajemen                     Profil Perusahaan                       Tinjauan Pendukung Bisnis
        Performance Highlights                   Management Report                     Company Profile                         Overview of Business Support Units




Dewan Komisaris
Board of Commissioners

Berpedoman POJK Penerapan Tata Kelola bagi Bank Umum dan POJK                    Referring to POJK on the Implementation of Governance for Commercial
No. 33/POJK.04/2014 tentang Direksi dan Dewan Komisaris Emiten atau              Banks and POJK No. 33/POJK.04/2014 on the Board of Directors and Board
Perusahaan Publik, Dewan Komisaris merupakan organ Emiten atau                   of Commissioners of Issuers or Public Companies, the Board of Commissioners
Perusahaan Publik yang bertugas melakukan pengawasan secara umum                 is an organ of the Issuer or Public Company tasked with carrying out general
dan/atau khusus sesuai dengan anggaran dasar serta memberi nasihat               and/or specific supervision in accordance with the articles of association
kepada Direksi. Dalam menjalankan fungsi pengawasan, Dewan Komisaris             and providing advice to the Board of Directors. In carrying out its supervisory
merupakan majelis dan setiap anggota Dewan Komisaris tidak berhak                function, the Board of Commissioners is a council and each member of the
bertindak sendiri-sendiri, melainkan berdasarkan keputusan Dewan                 Board of Commissioners is not entitled to act alone, but based on the Board
Komisaris sebagaimana diatur dalam Anggaran Dasar Bank Raya.                     of Commissioners’ decision as stipulated in the Articles of Association of
                                                                                 Bank Raya.


Pedoman dan Tata Kerja Dewan Komisaris
Board Charter of the Board of Commissioners

Sebagai salah satu implementasi GCG, Bank Raya telah memiliki Pedoman            As one way to implement GCG, Bank Raya has had the Guidelines and Work
dan Tata Kerja Dewan Komisaris (selanjutnya disingkat Piagam Dewan               Procedures for the Board of Commissioners (hereinafter referred to as the
Komisaris) yang ditetapkan melalui Surat Keputusan Dewan Komisaris No.           Board of Commissioners Charter), established through Board of Commissioners’
Kpts: B.01/DK/X/2024 Tanggal 01 Oktober 2024 tentang Pedoman dan                 Decision No. Kpts: B.01/DK/X/2024 dated October 1, 2024, on the Guidelines
Tata Kerja Dewan Komisaris, Komite Audit, Komite Nominasi dan Remunerasi,        and Work Procedures of the Board of Commissioners, Audit Committee,
Komite Pemantau Risiko dan Sekretaris Dewan Komisaris PT Bank Raya               Nomination and Remuneration Committee, Risk Monitoring Committee, and
Indonesia Tbk.                                                                   Secretary of the Board of Commissioners of PT Bank Raya Indonesia Tbk.

Penyusunan Piagam Dewan Komisaris ini bertujuan sebagai acuan bagi               The Board of Commissioners Charter is prepared as a reference for the
anggota Dewan Komisaris bersama organ pendukungnya dalam                         Board of Commissioners’ members and the supporting bodies in performing
melaksanakan fungsinya. Selain itu, Piagam Dewan Komisaris ini sebagai           the functions. Furthermore, the Board of Commissioners Charter serves as
dasar pelaksanaan GCG yaitu suatu tata Kelola yang menerapkan prinsip,           the basis for implementing Good Corporate Governance (GCG), a governance
transparansi, akuntabilitas, responsibilitas, integritas dan kewajaran. Piagam   system that upholds the principles of transparency, accountability,
Dewan Komisaris tersebut diantaranya mengatur tugas, tanggung jawab,             responsibility, integrity, and fairness. The Board of Commissioners Charter
dan wewenang; etika kerja; waktu kerja; komposisi; rapat; dan struktur           regulates, among other things, the duties, responsibilities, and authorities;
organisasi Dewan Komisaris.                                                      work ethics; working hours; composition; meetings; and organizational
                                                                                 structure of the Board of Commissioners.


Etika Kerja Dewan Komisaris
Board of Commissioners Work Ethics

Piagam Dewan Komisaris mensyaratkan anggota Dewan Komisaris harus                The Board of Commissioners Charter requires the Board of Commissioners’
senantiasa bertindak sesuai dengan Etika Kerja dalam menjalankan tugas           members to always act in accordance with the Work Ethics in carrying out
dan kewajiban wewenang serta tanggung jawab yang mencakup:                       their duties, obligations, authorities, and responsibilities, which include:
a. Mematuhi Anggaran Dasar dan peraturan Perundang-undangan serta                a. Complying with the Articles of Association and laws and regulations,
    prinsip-prinsip profesionalisme, efisiensi, transparansi, kemandirian,            as well as the principles of professionalism, efficiency, transparency,
    akuntabilitas, pertanggungjawaban, serta kewajaran.                               independence, accountability, responsibility, and fairness.
b. Beritikad baik, penuh kehati-hatian dan bertanggung jawab dalam               b. Acting in good faith, with due care, and responsibly in carrying out
    menjalankan tugas pengawasan dan pemberian nasihat kepada                         supervisory duties and providing advice to the Board of Directors for
    Direksi untuk kepentingan Bank dan sesuai dengan maksud dan tujuan                the benefit of the Bank and in accordance with the purposes and
    Bank Raya.                                                                        objectives of Bank Raya.
c. Tidak boleh dipengaruhi oleh pihak lain dalam melaksanakan tugas              c. Must not be influenced by other parties in carrying out duties and
    dan pengambilan keputusan yang menyebabkan penyalahgunaan                         making decisions that could lead to abuse of authority and/or
    wewenang dan/atau pembuatan keputusan yang tidak tepat.                           inappropriate decision-making.
d. Dilarang memanfaatkan Bank Raya untuk kepentingan pribadi,                    d. It is prohibited to utilize Bank Raya for personal, family, and/or other
    keluarga, dan/atau pihak lain yang dapat merugikan atau mengurangi                party interests that could harm or reduce the Bank's profits.
    keuntungan Bank.
e. Dilarang mengambil dan/atau menerima keuntungan pribadi dari                  e.   It is prohibited to take and/or receive personal benefits from Bank
    Bank Raya selain remunerasi dan fasilitas lainnya yang ditetapkan.                Raya other than the remuneration and other stipulated facilities.
f.  Dilarang melakukan transaksi yang memiliki benturan kepentingan              f.   It is prohibited to conduct transactions that have a conflict of interest
    yang merugikan Bank dan/atau mengambil keuntungan pribadi dari                    that is detrimental to the Bank and/or take personal benefits from Bank
    kegiatan Bank Raya selain honorarium, tunjangan, dan fasilitas yang               Raya other than the honorarium, allowances, and facilities received
    diterimanya sebagai Anggota Dewan Komisaris.                                      as a member of the Board of Commissioners.
g. Dalam hal terdapat benturan kepentingan baik secara langsung                  g.   In the event of a conflict of interest, either directly or indirectly, regarding
    maupun tidak langsung terhadap suatu transaksi, kontrak yang diusulkan            a transaction, or proposed contract to which the Bank is a party, the
    dalam mana Bank menjadi salah satu pihaknya, maka anggota Dewan                   members of the Board of Commissioners:
    Komisaris:
    1. Harus memberikan pernyataan tertulis atau dinyatakan dalam                     1.     Must provide a written statement or be stated in the minutes of
         risalah rapat tentang adanya benturan kepentingan;                                  meeting regarding the conflict of interest;
    2. Tidak ikut serta dalam pengambilan keputusan,                                  2. Must not participate in decision-making.
h. Dilarang untuk memberikan atau menawarkan kepada pelanggan                    h.   It is prohibited to give or offer to customers or government officials to
    atau pejabat Pemerintah untuk mempengaruhi atau menerima baik                     influence or accept, directly or indirectly, something of value as
    langsung maupun tidak langsung sesuatu yang berharga sebagai                      compensation for what they have done and other actions in accordance
    imbalan atas apa yang telah dilakukannya dan tindakan lainnya                     with applicable laws and regulations.
    sesuai peraturan perundang-undangan yang berlaku.



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i.   Memberikan contoh keteladanan dengan mendorong terciptanya               i.   Provide exemplary behavior by encouraging ethical behavior and
     perilaku etis dan menjunjung tinggi standar etika Bank.                       upholding the Bank's ethical standards.
j.   Setiap anggota Dewan Komisaris bertanggung jawab penuh secara            j.   Each member of the Board of Commissioners is fully personally
     pribadi apabila yang bersangkutan bersalah atau lalai menjalankan             responsible if the person concerned is guilty or neglects to carry out
     tugasnya untuk kepentingan dan usaha Bank, kecuali yang bersangkutan          his/her duties for the benefit and business of the Bank, unless they can
     dapat membuktikan sebaliknya.                                                 prove otherwise.




Ketentuan Rangkap Jabatan
Provisions on Concurrent Positions

Anggaran Dasar Bank Raya mengatur larangan memangku jabatan                   Bank Raya's Articles of Association regulate the prohibition of holding
rangkap sebagai anggota Direksi pada Badan Usaha Milik Negara, Badan          concurrent positions as members of the Board of Directors of State-Owned
Usaha Milik Daerah, Badan Usaha Milik Swasta; jabatan struktural dan          Enterprises, Regional-Owned Enterprises, or Private-Owned Enterprises;
fungsional lainnya pada instansi lembaga pemerintah pusat dan/atau            other structural and functional positions in central and/or regional government
daerah; pengurus partai politik, anggota legislatif dan/atau kepala daerah/   agencies; political party administrators; legislative members and/or regional
wakil kepala daerah; calon anggota legislatif dan/atau calon kepala           heads/deputy regional heads; legislative candidates and/or regional
daerah/wakil kepala daerah; jabatan lainnya sesuai dengan ketentuan           heads/deputy regional heads; other positions in accordance with applicable
dalam peraturan perundang-undangan yang berlaku; jabatan lain yang            laws and regulations; and other positions that may give rise to a conflict of
dapat menimbulkan benturan kepentingan.                                       interest.

Anggota Dewan Komisaris juga tidak diperbolehkan merangkap jabatan            Members of the Board of Commissioners are also not permitted to hold
sebagai anggota Direksi, anggota Dewan Komisaris, anggota Dewan               concurrent positions as members of the Board of Directors, members of the
Pengawas Syariah, atau pejabat eksekutif pada lembaga keuangan atau           Board of Commissioners, members of the Sharia Supervisory Board, or
perseroan yang bergerak pada bidang keuangan, baik dengan kegiatan            executive officers at financial institutions or companies engaged in the
usaha berupa bank maupun bukan bank; sebagai anggota Direksi, anggota         financial sector, whether with business activities in the form of banks or
Dewan Komisaris, anggota Dewan Pengawas Syariah, atau pejabat eksekutif       non-banks; as members of the Board of Directors, members of the Board
pada lebih dari 1 (satu) lembaga atau perseroan yang bukan bergerak           of Commissioners, members of the Sharia Supervisory Board, or executive
pada bidang keuangan, baik yang berkedudukan di dalam maupun di               officers at more than 1 (one) institution or company that is not engaged in
luar negeri; dan pada bidang tugas fungsional pada lembaga keuangan           the financial sector, whether domiciled in Indonesia or abroad; and in the
bank dan/atau lembaga keuangan bukan bank yang berkedudukan di                field of functional duties in banking financial institutions and/or non-banking
dalam maupun di luar negeri.                                                  financial institutions domiciled in or outside the country.

Selain itu, Komisaris Independen dilarang merangkap jabatan sebagai           Furthermore, Independent Commissioners are prohibited from holding
pejabat publik dan Mayoritas anggota Dewan Komisaris dilarang saling          concurrent positions as public officials, and the majority of members of the
memiliki hubungan keluarga sampai derajat kedua dengan sesama                 Board of Commissioners are prohibited from having family relationships
anggota Dewan Komisaris dan/atau anggota Direksi.                             up to the second degree with fellow members of the Board of Commissioners
                                                                              and/or members of the Board of Directors.


Aspek Transparansi Dewan Komisaris
Transparency Aspect of the Board of Commissioners

Dalam pemenuhan pelaksanaan tata kelola, sebagaimana diatur dalam             In fulfilling the implementation of good governance, as stipulated in the
Anggaran Dasar, anggota Dewan Komisaris mengungkapkan: kepemilikan            Articles of Association, members of the Board of Commissioners disclose:
saham yang mencapai 5% (lima persen) atau lebih, baik pada Bank               share ownership of 5% (five percent) or more, both in the Bank or in
maupun pada perseroan yang menjalankan kegiatan usaha bank dan/               companies engaged in banking business activities and/or other companies,
atau perseroan lain, yang berkedudukan di dalam dan di luar negeri.           domiciled in or outside the country. Members of the Board of Commissioners
Anggota Dewan Komisaris juga dilarang memanfaatkan Perseroan untuk            are also prohibited from utilizing the Company for personal, family, and/
kepentingan pribadi, keluarga, dan/atau pihak lain yang dapat merugikan       or other party interests that may harm or reduce the Bank's profits.
atau mengurangi keuntungan Bank.

Aspek transparansi lainnya adalah anggota Dewan Komisaris dilarang            Another transparency aspect is that members of the Board of Commissioners
mengambil dan/atau menerima keuntungan pribadi dari Bank selain               are prohibited from taking and/or receiving personal benefits from the Bank
remunerasi dan fasilitas lain yang ditetapkan RUPS. Anggota Dewan             other than remuneration and other facilities determined by the GMS. Members
Komisaris juga wajib mengungkapkan remunerasi dan fasilitas lain sesuai       of the Board of Commissioners are also required to disclose remuneration and
dengan Peraturan Otoritas Jasa Keuangan mengenai penerapan tata               other facilities in accordance with the Financial Services Authority Regulation
kelola dalam pemberian remunerasi bagi Bank Umum.                             on the implementation of governance in the provision of remuneration for
                                                                              Commercial Banks.

Implementasi atas aspek transparansi Dewan Komisaris disajikan terpisah       Implementation of the transparency aspect of the Board of Commissioners
di Bab Tata Kelola Perusahaan ini bagian Transparansi Informasi Dewan         is presented separately in this Good Corporate Governance Chapter, under
Komisaris dan Direksi.                                                        the section on Transparency of Information on the Board of Commissioners
                                                                              and Board of Directors.




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        Performance Highlights                 Management Report                    Company Profile                       Overview of Business Support Units




Tugas dan Tanggung Jawab Dewan Komisaris
Duties and Responsibilities of the Board of Commissioners
Dewan Komisaris bertugas melakukan pengawasan terhadap kebijakan              The Board of Commissioners is responsible for overseeing management
pengurusan, jalannya pengurusan pada umumnya baik mengenai Bank               policies and the general management of both the Bank and Bank Raya's
maupun usaha Bank Raya yang dilakukan oleh Direksi serta memberikan           business conducted by the Board of Directors and providing advice to the
nasihat kepada Direksi termasuk pengawasan terhadap pelaksanaan               Board of Directors, including supervision of the implementation of Long-
Rencana Jangka Panjang, Rencana Kerja dan Anggaran serta ketentuan            Term Plan, Work Plan and Budget as well as provisions of the Articles of
Anggaran Dasar dan Keputusan RUPS, serta peraturan perundang-undangan         Association, GMS Resolutions, as well as applicable laws and regulations,
yang berlaku, untuk kepentingan Bank dan sesuai dengan maksud dan             for the interests of the Bank and in accordance with the objectives and
tujuan Bank Raya.                                                             purposes of Bank Raya.

Dalam menjalankan tugasnya tersebut, Dewan Komisaris berwenang untuk          In carrying out these duties, the Board of Commissioners is authorized to
memeriksa buku-buku, surat-surat, serta dokumen-dokumen lainnya,              examine books, letters, and other documents, examine cash for verification
memeriksa kas untuk keperluan verifikasi dan lain-lain surat berharga dan     purposes and other securities, and examine the Bank's assets; enter the
memeriksa kekayaan Bank; memasuki pekarangan, gedung dan kantor               grounds, buildings, and offices used by Bank Raya; request clarification
yang dipergunakan oleh Bank Raya; meminta penjelasan dari Direksi dan/        from the Board of Directors and/or other officials regarding all matters on
atau pejabat lainnya mengenai segala persoalan yang menyangkut                the management of the Bank.
pengelolaan Bank.

Kewenangan lain yang dimiliki oleh Dewan Komisaris adalah mengetahui          Other authorities held by the Board of Commissioners include obtaining
segala kebijakan dan tindakan yang telah dan akan dijalankan oleh Direksi;    knowledge of all policies and actions that have been or will be implemented
meminta Direksi dan/atau pejabat lainnya di bawah Direksi dengan              by the Board of Directors; request the Board of Directors and/or other officials
sepengetahuan Direksi untuk menghadiri rapat Dewan Komisaris, dan             under the Board of Directors, with the knowledge of the Board of Directors,
memberhentikan sementara anggota Direksi sesuai dengan ketentuan              to attend Board of Commissioners’ meetings; and suspend members of the
Anggaran Dasar ini.                                                           Board of Directors in accordance with the provisions of these Articles of
                                                                              Association.

Dewan Komisaris juga berwenang membentuk Komite Audit dan komite-             The Board of Commissioners is also authorized to form an Audit Committee
komite lain, jika dianggap perlu dengan memperhatikan kemampuan               and other committees, if deemed necessary, by considering the Bank's
Bank; menggunakan tenaga ahli untuk hal tertentu dan dalam jangka             capabilities; use experts for certain matters and for a certain period of time
waktu tertentu atas beban Bank Raya, jika dianggap perlu; dan melakukan       at the expense of Bank Raya, if deemed necessary; and carry out management
tindakan pengurusan Bank dalam keadaan tertentu untuk jangka waktu            actions for the Bank in certain circumstances for a certain period of time
tertentu sesuai dengan ketentuan Anggaran Dasar.                              in accordance with the provisions of the Articles of Association.

Terakhir, Dewan Komisaris diberi kewenangan untuk menyetujui                  Finally, the Board of Commissioners is authorized to approve the appointment
pengangkatan dan pemberhentian Sekretaris Perusahaan dan/atau Kepala          and dismissal of the Corporate Secretary and/or Head of Internal Audit
Satuan Kerja Audit Intern; menghadiri rapat Direksi dan memberikan            Unit; attend Board of Directors’ meetings and provide views on matters
pandangan terhadap hal-hal yang dibicarakan; dan melaksanakan                 discussed; and exercise other supervisory authority as long as it does not
kewenangan pengawasan lainnya sepanjang tidak bertentangan dengan             conflict with laws and regulations, the Articles of Association, and/or GMS
peraturan-perundang-undangan, Anggaran Dasar, dan/atau keputusan              resolutions. In carrying out its duties, the Board of Commissioners also has
RUPS. Dalam menjalankan tugasnya, Dewan Komisaris juga memiliki               various obligations as stipulated in Bank Raya's Articles of Association.
berbagai kewajiban sebagaimana yang diatur di dalam Anggaran Dasar
Bank Raya.




Komposisi Dewan Komisaris
Composition of the Board of Commissioners

Penentuan komposisi dan jumlah Dewan Komisaris Bank Raya telah                The composition and number of members of Bank Raya's Board of
memenuhi peraturan yang berlaku yakni POJK Penerapan Tata Kelola              Commissioners have complied with applicable regulations, namely POJK
bagi Bank Umum dengan jumlah paling sedikit 3 (tiga) orang dan paling         on the Implementation of Governance for Commercial Banks, with a minimum
banyak sama dengan jumlah anggota Direksi. Komposisi Dewan Komisaris          of 3 (three) members and a maximum of an equal number of members of
Bank Raya telah memenuhi ketentuan yang berjumlah 4 (empat) orang             the Board of Directors. The composition of Bank Raya's Board of Commissioners
yang terdiri dari 1 (satu) Komisaris Utama, 1 (satu) Komisaris, dan 2 (dua)   complies with the provisions of 4 (four) members: 1 (one) President Commissioner,
Komisaris Independen. Jumlah ini juga telah memenuhi ketentuan yang           1 (one) Commissioner, and 2 (two) Independent Commissioners. This number
diatur dalam Anggaran Dasar dan Piagam Dewan Komisaris dimana                 also complies with the provisions stipulated in the Articles of Association and
Dewan Komisaris terdiri dari sekurang-kurangnya 3 (tiga) orang anggota        the Board of Commissioners Charter, which require the Board of Commissioners
Dewan Komisaris yakni seorang Komisaris Utama dan sedikit-dikitnya 2          to consist of at least 3 (three) members, namely a President Commissioner
(dua) orang Komisaris.                                                        and at least 2 (two) Commissioners.

Penjelasan lebih lengkap terkait dengan susunan Dewan Komisaris termasuk      A more complete explanation regarding the composition of the Board of
didalamnya informasi terkait dasar pengangkatan, masa jabatan, dan            Commissioners, including information related to the basis of appointment,
periode jabatan diringkas pada tabel berikut ini:                             term of office, and position period is summarized in the following table.




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      Management Discussion and Analysis                  Good Corporate Governance                     Sustainability Report                   Audited Financial Report




Susunan Dewan Komisaris Per 31 Desember 2025                                          Composition of the Board of Commissioners as of
[GRI 2-11]                                                                            December 31, 2025 [GRI 2-11]

                                                                                                                                                             Periode
               Nama                      Jabatan                             Dasar Pengangkatan                                Masa Jabatan
 No                                                                                                                                                          Jabatan
               Name                      Position                             Appointment Basis                                Term of Office
                                                                                                                                                          Position Period

 1     Muhamad         Sidik     Komisaris Utama            Keputusan Rapat Umum Pemegang Saham Tahunan                 10 Mei 2023 - RUPS 2026          Ke-1
       Heruwibowo                                           pada 10 Mei 2023 yang dikukuhkan dalam Akta No. 11
                                                            tanggal 16 Mei 2023

                                 President Commissioner     Resolutions of the Annual General Meeting of Shareholders   May 10, 2023 - 2026 GMS
                                                            on May 10, 2023, confirmed in Deed No. 11 dated May                                          1st
                                                            16, 2023
 2     Retno Wahyuni Wijayanti   Komisaris Independen       Keputusan Rapat Umum Pemegang Saham Tahunan                 10 Mei 2023 - RUPS 2026          Ke-1
                                                            pada 10 Mei 2023 yang dikukuhkan dalam Akta No. 11
                                                            tanggal 16 Mei 2023

                                 Independent                Resolutions of the Annual General Meeting of Shareholders   May 10, 2023 - 2026 GMS
                                 Commissioner               on May 10, 2023, confirmed in Deed No. 11 dated May                                          1st
                                                            16, 2023
 3     Johanes Kuntjoro          Komisaris Independen       Keputusan Rapat Umum Pemegang Saham Luar Biasa              3 Oktober 2023 - RUPS 2026       Ke-1
       Adisardjono                                          pada 3 Oktober 2023 yang dikukuhkan dalam Akta No.
                                                            08 tanggal 06 Oktober 2023

                                 Independent                Resolutions of the Extraordinary General Meeting of         October 3, 2023 - 2026 GMS
                                 Commissioner               Shareholders on October 3, 2023, confirmed in Deed No.                                       1st
                                                            08 dated October 6, 2023
 4     Nyimas Dewi Ratih         Komisaris                  Keputusan Rapat Umum Pemegang Saham Tahunan                 21 Agustus 2024 - RUPS 2027      Ke-1
       Kamil                                                pada 21 Agustus 2024 yang dikukuhkan dalam Akta No.
                                                            20 tanggal 27 Agustus 2024

                                 Commissioner               Resolutions of the Annual General Meeting of Shareholders   August 21, 2024 - 2027 GMS
                                                            on August 21, 2024, confirmed in Deed No. 20 dated August                                    1st
                                                            27, 2024




Penilaian Kelayakan dan Kepatutan Dewan Komisaris
Board of Commissioners’ Fit and Proper Test

Mengacu pada POJK No. 27/POJK.03/2016 tentang Penilaian Kemampuan                     Referring to POJK No. 27/POJK.03/2016 on Fit and Proper Test for the Main
dan Kepatutan bagi Pihak Utama Lembaga Jasa Keuangan, OJK melakukan                   Parties of Financial Services Institutions, the Financial Services Authority
penilaian kemampuan dan kepatutan bagi pihak utama lembaga jasa                       (OJK) conducts a fit and proper test for main parties of financial services
keuangan (LJK) termasuk di dalamnya Dewan Komisaris. Sejalan dengan                   institutions (LJK), including the Board of Commissioners. In line with this
ketentuan regulator tersebut, Pedoman GCG Bank Raya menetapkan                        regulatory requirement, Bank Raya's GCG Guidelines stipulate that members
bahwa anggota Dewan Komisaris merupakan orang perorangan yang                         of the Board of Commissioners must be individuals who meet OJK approval
memenuhi persyaratan persetujuan OJK.                                                 requirements.

Sehubungan dengan hal tersebut, anggota Dewan Komisaris Bank Raya                     In this regard, the members of Bank Raya's Board of Commissioners serving
yang menjabat hingga 31 Desember 2025 telah dinyatakan lulus uji                      until December 31, 2025, have passed the OJK's fit and proper test, as
kelayakan dan kepatutan yang telah dilakukan oleh OJK sebagaimana                     described in the following table:
dijelaskan pada tabel berikut ini:


               Nama                          Jabatan                  Status & Periode Kelulusan                   Dasar Hukum Uji Kelayakan dan Kepatutan
 No
               Name                          Position                  Status and Period of Pass                       Legal Basis for Fit and Proper Test

 1     Muhamad Sidik             Komisaris Utama                   Lulus, Oktober 2023                 Surat Keputusan Dewan Komisioner OJK No. KEPR-128/D.03/2023
       Heruwibowo                                                                                      Tanggal 10 Oktober 2023

                                 President Commissioner            Pass, October 2023                  OJK Board of Commissioners’ Decree No. KEPR-128/D.03/2023
                                                                                                       dated October 10, 2023
 2     Retno Wahyuni             Komisaris Independen              Lulus, Oktober 2023                 Surat Keputusan Dewan Komisioner OJK No. KEPR-127/D.03/2023
       Wijayanti                                                                                       Tanggal 10 Oktober 2023

                                 Independent Commissioner          Pass, October 2023                  OJK Board of Commissioners’ Decree No. KEPR-127/D.03/2023
                                                                                                       dated October 10, 2023
 3     Johanes Kuntjoro          Komisaris Independen              Lulus, 7 Maret 2024                 Surat Keputusan Dewan Komisioner OJK No. KEPR-1/PB.02/2024
       Adisardjono                                                                                     Tanggal 7 Maret 2024

                                 Independent Commissioner          Pass, March 7, 2024                 OJK Board of Commissioners’ Decree No. KEPR-1/PB.02/2024 Dated
                                                                                                       March 7, 2024
 4     Nyimas Dewi Ratih         Komisaris                         Lulus, 19 Februari 2025             Surat Keputusan Dewan Komisioner OJK No. KEPR-2/PB.02/2025
       Kamil                                                                                           Tanggal 19 Februari 2025

                                 Commissioner                      Pass, February 19, 2025             OJK Board of Commissioners’ Decree No. KEPR-2/PB.02/2025 Dated
                                                                                                       February 19, 2025




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       Performance Highlights                 Management Report                  Company Profile                      Overview of Business Support Units




Tugas dan Tanggung Jawab Komisaris Utama
Duties and Responsibilities of the President Commissioner
Komisaris Utama sebagai koordinator Dewan Komisaris memiliki tugas dan     The President Commissioner, as the coordinator of the Board of Commissioners,
tanggung jawab sebagaimana yang dijelaskan di Anggaran Dasar               has duties and responsibilities as explained in the Articles of Association,
diantaranya sebagai berikut:                                               as follows:
1. Melakukan pemanggilan Rapat Dewan Komisaris.                            1. Calling for the Board of Commissioners’ Meetings.
2. Memimpin Rapat Dewan Komisaris.                                         2. Chairing the Board of Commissioners’ Meetings.
3. Memberikan nasihat kepada Direksi dalam melaksanakan pengurusan         3. Providing advice to the Board of Directors regarding managing the
    Perseroan.                                                                  Company.
4. Meneliti, menelaah serta menandatangani Rencana Jangka Panjang          4. Examining, reviewing, and signing the Company's Long-Term Plan,
    Perusahaan dan Rencana Kerja dan Anggaran Dasar Perusahaan                  Work Plan, and Articles of Association prepared by the Board of Directors
    yang disiapkan oleh Direksi sesuai dengan ketentuan Anggaran Dasar.         in accordance with the provisions of the Articles of Association.
5. Memberikan pendapat dan saran kepada Pemegang Saham Pengendali          5. Providing opinions and suggestions to the Controlling Shareholders
    mengenai Rencana Jangka Panjang Perusahaan, Rencana Bisnis dan              regarding the Company's Long-Term Plan, Business Plan, Work Plan,
    Rencana Kerja dan Anggaran Perusahaan.                                      and Budget.
6. Memberikan persetujuan atas Rencana Jangka Panjang Perusahaan,          6. Approving the Company's Long-Term Plan, Business Plan, and Work
    Rencana Bisnis, dan Rencana Kerja dan Anggaran Perusahaan setelah           Plan and Budget after obtaining approval from the Controlling
    mendapat persetujuan dari Pemegang Saham Pengendali.                        Shareholders.
7. Mengikuti perkembangan kegiatan Perseroan, memberikan pendapat          7. Following the Company's development and providing opinions and
    dan saran kepada RUPS mengenai setiap masalah yang dianggap                 suggestions to the GMS on any issues deemed important to the
    penting bagi kepengurusan Perseroan.                                        Company's management.
8. Melaporkan kepada Pemegang Saham Pengendali apabila terjadi             8. Reporting to the Controlling Shareholders on any signs of declining
    gejala menurunnya kinerja Perseroan.                                        Company performance.
9. Mengusulkan kepada RUPS penunjukan Akuntan Publik yang akan             9. Proposing to the GMS regarding the appointment of a Public Accountant
    melakukan pemeriksaan atas buku-buku Perseroan.                             to audit the Company's books.
10. Meneliti dan menelaah laporan berkala dan laporan tahunan yang         10. Examining and reviewing the periodic and annual reports prepared
    disiapkan Direksi serta menandatangani Laporan Tahunan.                     by the Board of Directors and signing the Annual Report.
11. Memberikan penjelasan, pendapat dan saran kepada RUPS mengenai         11. Providing explanations, opinions, and suggestions to the GMS regarding
    Laporan Tahunan, apabila diminta.                                           the Annual Report, if requested.
12. Menyusun program kerja tahunan Dewan Komisaris dan dimasukkan          12. Preparing the annual work program of the Board of Commissioners
    dalam Rencana Kerja dan Anggaran Perusahaan.                                and including it in the Company's Work Plan and Budget.
13. Membentuk Komite Audit.                                                13. Forming an Audit Committee.
14. Membuat Risalah Rapat Dewan Komisaris dan menyimpan salinannya.        14. Making Minutes of Board of Commissioners’ Meetings and keeping a
                                                                                copy.
15. Melaporkan kepada Perseroan mengenai kepemilikan sahamnya              15. Reporting to the Company regarding the shareholding of members
    dan/atau keluarganya pada Perseroan tersebut dan Perseroan lain.            and/or their family in the Company and other companies.
16. Memberikan laporan tentang tugas pengawasan yang telah dilakukan       16. Submit a report to the GMS on the supervisory duties performed during
    selama tahun buku yang baru lampau kepada RUPS.                             the preceding fiscal year.
17. Memberikan penjelasan tentang segala hal yang ditanyakan atau          17. Providing explanations regarding all matters inquired or requested by
    yang diminta Pemegang Saham Pengendali dengan memperhatikan                 the Controlling Shareholders, by taking into account applicable laws
    Peraturan Perundang-undangan khususnya yang berlaku di bidang               and regulations, particularly those applicable to the Banking sector.
    Perbankan.
18. Melaksanakan kewajiban lainnya dalam rangka tugas pengawasan           18. Carrying out other obligations within the framework of supervisory and
    dan pemberian nasihat, sepanjang tidak bertentangan dengan                 advisory duties, as long as they do not conflict with laws and regulations,
    Peraturan Perundang-undangan Anggaran Dasar, dan/atau keputusan            the Articles of Association, and/or GMS resolutions.
    RUPS.
19. Dewan Komisaris wajib melaporkan kepada Otoritas Jasa Keuangan         19. The Board of Commissioners is required to report to the Financial
    paling lama 5 (lima) hari kerja sejak ditemukan:                           Services Authority no later than 5 (five) working days of discovery of:
    •    Jika terdapat pelanggaran ketentuan peraturan perundang-              •    Any violations of laws and regulations in the banking and financial
         undangan di bidang keuangan perbankan, dan yang terkait                    sector, and those related to the Company's business activities;
         dengan kegiatan usaha Perseroan; dan/atau                                  and/or
    •    Jika terdapat keadaan atau perkiraan keadaan yang dapat               •    Any situation or anticipated situation that could endanger the
         membahayakan kelangsungan usaha Perseroan.                                 Company's business continuity.
20. Dewan Komisaris wajib memiliki pedoman dan tata tertib kerja yang      20. The Board of Commissioners must have guidelines and procedures
    bersifat mengikat bagi setiap anggota Dewan Komisaris.                     that are binding on each member.
21. Dewan Komisaris wajib menjaga segala data dan informasi terkait        21. The Board of Commissioners is required to safeguard all data and
    Perseroan yang disampaikan oleh Direksi, dan sesuai dengan ketentuan       information related to the Company submitted by the Board of Directors,
    peraturan perundang-undangan.                                              and in accordance with applicable laws and regulations.




310 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                   Tata Kelola Perusahaan                          Laporan Keberlanjutan                  Laporan Keuangan Audit
       Management Discussion and Analysis                  Good Corporate Governance                       Sustainability Report                  Audited Financial Report




Tugas dan Tanggung Jawab Masing-Masing Dewan Komisaris
Duties and Responsibilities of Each Member of the Board of Commissioners
Anggaran Dasar Bank Raya mengamanatkan pembagian kerja di antara                        Bank Raya’s Articles of Association mandate that the division of work among
para anggota Dewan Komisaris diatur oleh mereka sendiri dan untuk                       the Board of Commissioners’ members be regulated by themselves and
kelancaran tugasnya Dewan Komisaris dapat dibantu oleh Sekretaris                       for the smooth running of its duties. The Board of Commissioners may be
Dewan Komisaris yang diangkat oleh Dewan Komisaris atas beban Bank                      assisted by the Secretary of the Board of Commissioners, who is appointed
Raya. Adapun tugas dan tanggung jawab masing-masing Dewan Komisaris                     by the Board of Commissioners at the expense of Bank Raya. The duties
adalah sebagai berikut:                                                                 and responsibilities of each member of the Board of Commissioners are
                                                                                        as follows:


                    Nama                                       Jabatan                                                    Bidang Penugasan
                    Name                                       Position                                                   Field of Assignment

 Muhamad Sidik Heruwibowo                         Komisaris Utama                         •    Anggota Komite Remunerasi & Nominasi
                                                                                          •    Anggota Komite Pemantau Risiko

                                                  President Commissioner                  •    Member of the Remuneration & Nomination Committee
                                                                                          •    Member of the Risk Monitoring Committee
 Retno Wahyuni Wijayanti                          Komisaris Independen                    Ketua Komite Remunerasi & Nominasi
                                                  Independent Commissioner                Chairperson of the Remuneration & Nomination Committee
 Johanes Kuntjoro Adisardjono                     Komisaris Independen                    •    Ketua Komite Audit
                                                                                          •    Ketua Komite Pemantau Risiko

                                                  Independent Commissioner                •    Chairperson of the Audit Committee
                                                                                          •    Chairperson of the Risk Monitoring Committee
 Nyimas Dewi Ratih Kamil                          Komisaris                               Anggota Komite Pemantau Risiko
                                                  Commissioner                            Member of the Risk Monitoring Committee




Sertifikasi Anggota Dewan Komisaris
Certification of the Board of Commissioners’ Members

POJK Penerapan Tata Kelola bagi Bank Umum mensyaratkan anggota                          POJK on the Implementation of Governance for Commercial Banks requires
Dewan Komisaris yang telah memperoleh persetujuan OJK memiliki                          that the Board of Commissioners’ members who have obtained OJK
kompetensi selama menjabat disamping aspek integritas dan reputasi                      approval possess competency during their tenure, in addition to integrity
yang baik. Sehubungan dengan hal tersebut Bank Raya memberikan                          and good reputation. In this regard, Bank Raya supports each member of
dukungan kepada setiap anggota Dewan Komisaris memiliki sertifikasi                     the Board of Commissioners in obtaining certification as required by the
sebagaimana yang dipersyaratkan oleh regulator. Sertifikasi tersebut                    regulator. This certification is essential to support the implementation of
penting guna mendukung pelaksanaan pengawasan Bank Raya termasuk                        Bank Raya's supervision, including management policies and procedures,
terkait kebijakan pengurusan dan jalannya pengurusan serta memberi                      as well as providing advice to the Bank's Board of Directors, as explained
nasihat kepada Direksi Bank sebagaimana dijelaskan berikut ini.                         below.


               Nama                    Jabatan                                            Jenis Sertifikasi                                        Periode Perolehan
 No
               Name                    Position                                         Type of Certification                                      Certification Period

 1     Muhamad Sidik            Komisaris Utama            •     Sertifikasi Qualified Government Internal Auditor (QGIA)                   •    16 November 2024
       Heruwibowo               President                  •     Sertifikasi Kualifikasi 6 Bidang Manajemen Risiko Perbankan                •    9 Juli 2024
                                                           •     Indonesia Internal Audit Practitioner (IIAP)                               •    3 Oktober 2022
                                                           •     Certified Risk Governance Professional (CRGP)                              •    27 Desember 2021
                                                           •     Sertifikasi Qualified Healthcare Internal Auditor (QHIA)                   •    3 Agustus 2020
                                                           •     Certified Fraud Examiner (CFE)                                             •    8 Desember 2016
                                                           •     Certified Risk Management Assurance (CRMA)                                 •    16 Januari 2013
                                                           •     Qualified Internal Auditor (QIA)                                           •    30 April 1998

                                Commissioner               •     Qualified Government Internal Auditor (QGIA) Certification                 •    November 16, 2024
                                                           •     Qualified Certification in 6 Areas of Banking Risk Management              •    July 9, 2024
                                                           •     Indonesia Internal Audit Practitioner (IIAP)                               •    October 3, 2022
                                                           •     Certified Risk Governance Professional (CRGP)                              •    December 27, 2021
                                                           •     Qualified Healthcare Internal Auditor (QHIA) Certification                 •    August 3, 2020
                                                           •     Certified Fraud Examiner (CFE)                                             •    December 8, 2016
                                                           •     Certified Risk Management Assurance (CRMA)                                 •    January 16, 2013
                                                           •     Qualified Internal Auditor (QIA)                                           •    April 30, 1998
 2     Retno Wahyuni            Komisaris Independen       •     Sertifikasi Kualifikasi 7 Bidang Manajemen Risiko Perbankan (BNSP)         •    14 Oktober 2024
       Wijayanti                                           •     Sertifikasi Wealth Management (CWMA)                                       •    9 Desember 2019
                                                           •     Sertifikasi Asesor Kompetensi (BNSP)                                       •    1 Juli 2016

                                Independent                •     Qualification Certification in 7 Areas of Banking Risk Management (BNSP)   •    October 14, 2024
                                Commissioner               •     Certified Wealth Management (CWMA)                                         •    December 9, 2019
                                                           •     Competency Assessor Certification (BNSP)                                   •    July 1, 2016




                                                                                                  Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                Annual Report & Sustainability Report   2025 311
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            Ikhtisar Kinerja                           Laporan Manajemen                         Profil Perusahaan                    Tinjauan Pendukung Bisnis
            Performance Highlights                     Management Report                         Company Profile                      Overview of Business Support Units




                   Nama                     Jabatan                                        Jenis Sertifikasi                                   Periode Perolehan
    No
                   Name                     Position                                     Type of Certification                                 Certification Period

    3       Johanes Kuntjoro         Komisaris Independen    •    Sertifikasi Asesor Kompetensi BNSP                                     •    1 Agustus 2025
            Adisardjono                                      •    Sertifikasi Kualifikasi 6 Bidang Manajemen Risiko Perbankan            •    29 Desember 2023
                                                             •    Sertifikasi Kepatuhan - Compliance & AML Manager                       •    26 April 2022
                                                             •    Sertifikasi Kepatuhan Perbankan - Level Officer                        •    15 Februari 2020
                                                             •    Sertifikasi Chartered Accountant (CA) Indonesia                        •    16 Februari 2017
                                                             •    Sertifikasi Qualified Internal Auditor (QIA)                           •    27 Desember 2016

                                     Independent             •    BNSP Competency Assessor Certification                                 •    August 1, 2025
                                     Commissioner            •    Qualification Certification in 6 Areas of Banking Risk Management      •    December 29, 2023
                                                             •    Compliance Certification - Compliance & AML Manager                    •    April 26, 2022
                                                             •    Banking Compliance Certification - Officer Level                       •    February 15, 2020
                                                             •    Indonesian Chartered Accountant (CA) Certification                     •    February 16, 2017
                                                             •    Qualified Internal Auditor (QIA) Certification                         •    December 27, 2016
    4       Nyimas Dewi Ratih        Komisaris               Sertifikasi Kualifikasi 6 Bidang Manajemen Risiko Perbankan                 15 September 2024
            Kamil                    Commissioner            Qualified Certification in 6 Areas of Banking Risk Management               September 15, 2024




Jenis Keputusan yang Memerlukan Persetujuan Dewan Komisaris
Types of Decisions Requiring Board of Commissioners’ Approval

Berpedoman pada Anggaran Dasar dan Piagam Dewan Komisaris, Dewan                          Based on the Articles of Association and the Board of Commissioners
Komisaris memberikan persetujuan serta melakukan pengawasan terhadap                      Charter, the Board of Commissioners provides approval and supervises the
pelaksanaan rencana kerja Bank Raya yang terdiri dari 1). Rencana Jangka                  implementation of Bank Raya's work plan, consisting of 1). The Company's
Panjang Perseroan (RJPP); 2). Rencana Bisnis Bank (RBB); 3). Rencana Kerja                Long-Term Plan (RJPP); 2). Bank Business Plan (RBB); 3). The Company's
dan Anggaran Perseroan (RKAP); dan Rencana Kerja lainnya yang disiapkan                   Work Plan and Budget (RKAP); and other Work Plans prepared by the
oleh Direksi Bank. Dewan Komisaris juga melakukan penelaahan laporan                      Bank's Board of Directors. The Board of Commissioners also reviews the
berkala dan laporan tahunan yang disiapkan Direksi serta menandatangani                   periodic and annual reports prepared by the Board of Directors and signs
Laporan Tahunan.                                                                          the Annual Report.

Selain itu, Anggaran Dasar Bank Raya juga menetapkan bahwa terdapat                       Furthermore, Bank Raya’s Articles of Association stipulate that several actions
beberapa perbuatan Direksi di bawah ini harus terlebih dahulu mendapat                    of the Board of Directors below must first obtain written approval from the
persetujuan tertulis dari Dewan Komisaris antara lain                                     Board of Commissioners, among others:
•   Melepaskan/memindahtangankan dan/atau mengagunkan aset                                •    Releasing/transferring and/or pledging Bank assets with criteria and
    Bank dengan kriteria dan nilai melebihi jumlah tertentu yang ditetapkan                    values exceeding certain amounts determined by the Board of
    oleh Dewan Komisaris, kecuali aset yang dicatat sebagai persediaan;                        Commissioners, except for assets recorded as inventory;
•   Menetapkan dan mengubah logo Bank;                                                    •    Establishing and changing the Bank's logo;
•   Menetapkan struktur organisasi 1 (satu) tingkat di bawah Direksi;                     •    Determining the organizational structure of 1 (one) level below the
                                                                                               Board of Directors;
•        Melakukan penyertaan modal, melepaskan penyertaan modal,                         •    Making capital investments, divesting capital investments, including
         termasuk perubahan struktur permodalan dengan nilai tertentu yang                     changes in capital structure with a certain value determined by the
         ditetapkan Dewan Komisaris pada perusahaan lain, anak perusahaan                      Board of Commissioners in other companies, subsidiaries, and joint
         dan perusahaan patungan yang tidak dalam rangka penyelamatan                          ventures that are not for the purpose of salvaging receivables;
         piutang;
•        Melakukan penggabungan, peleburan, pengambilalihan, pemisahan,                   •    Merging, consolidating, acquiring, separating, and dissolving subsidiaries
         dan pembubaran anak perusahaan dan perusahaan patungan dengan                         and joint ventures with a certain value determined by the Board of
         nilai tertentu yang ditetapkan Dewan Komisaris dengan memperhatikan                   Commissioners, by taking into account provisions in the Capital Market
         ketentuan di bidang Pasar Modal;                                                      sector;
•        Melakukan tindakan-tindakan yang termasuk dalam transaksi material               •    Taking actions that constitute material transactions as stipulated by
         sebagaimana ditetapkan peraturan perundang-undangan di bidang                         laws and regulations in the Capital Market sector with a certain value
         Pasar Modal dengan nilai tertentu yang ditetapkan Dewan Komisaris,                    determined by the Board of Commissioners, unless such actions
         kecuali tindakan tersebut termasuk dalam transaksi material yang                      constitute material transactions exempted by applicable laws and
         dikecualikan oleh peraturan perundang-undangan yang berlaku di                        regulations in the Capital Market sector;
         bidang pasar modal;
•        Tindakan-tindakan yang belum ditetapkan dalam RKAP                               •    The actions that have not yet stipulated in the Company's Work Plan
                                                                                               and Budget (RKAP)
•        Mengangkat dan memberhentikan Sekretaris Perusahaan dan Kepala                   •    Appointing and dismissing the Corporate Secretary and Head of
         Satuan Kerja Audit Intern                                                             Internal Audit Unit
•        Mendirikan anak perusahaan dan/atau perusahaan patungan                          •    Establishing subsidiaries and/or joint ventures




312 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                Tata Kelola Perusahaan                      Laporan Keberlanjutan                Laporan Keuangan Audit
       Management Discussion and Analysis               Good Corporate Governance                   Sustainability Report                Audited Financial Report




Rapat Dewan Komisaris
Board of Commissioners’ Meetings
Rapat Dewan Komisaris memiliki peran sangat penting karena segala                 Board of Commissioners’ Meeting plays very important role because all
Keputusan Dewan Komisaris diambil dalam rapat tersebut. Anggaran                  Board of Commissioners’ Decisions are taken in the meeting. The latest
Dasar terbaru dan Kebijakan Umum Penerapan GCG Bank Raya                          Articles of Association and General Policy on the Implementation of GCG
menetapkan bahwa Dewan Komisaris wajib mengadakan rapat paling                    of Bank Raya stipulate that the Board of Commissioners must hold a meeting
kurang 1 (satu) kali setiap bulan, dalam rapat tersebut Dewan Komisaris           at least 1 (one) time every 2 (two) month, in which the Board of Commissioners
dapat mengundang Direksi. Pelaksanaannya sudah sesuai dengan POJK                 may invite the Board of Directors to this meeting. The implementation is
Penerapan Tata Kelola bagi Bank Umum yang mensyaratkan                            comply with POJK on the Implementation of Governance for Commercial
penyelenggaraan rapat Dewan Komisaris secara berkala paling sedikit               Banks, which requires Board of Commissioners’ meetings regularly to be
1 (satu) kali dalam 2 (dua) bulan                                                 held at least 1 (one) time in every two months.

Selain itu, Dewan Komisaris Bank Raya dapat mengadakan rapat sewaktu-             Furthermore, Bank Raya’s Board of Commissioners may hold a meeting at
waktu atas permintaan 1 (satu) atau beberapa anggota Dewan Komisaris              any time at the request of 1 (one) or several members of the Board of
atau Direksi atau atas permintaan tertulis dari 1 (satu) atau beberapa            Commissioners or the Board of Directors, or at the written request of 1 (one)
Pemegang Saham yang mewakili sekurang-kurangnya 1/10 (satu per                    or several shareholders representing at least 1/10 (one-tenth) of the total
sepuluh) dari jumlah saham dengan hak suara, dengan menyebutkan hal               shares with voting rights, stating the matters to be discussed. Notice of a
yang akan dibicarakan. Pemanggilan Rapat Dewan Komisaris harus                    Board of Commissioners’ meeting must be issued by the President
dilakukan oleh Komisaris Utama jika terbukti berhalangan hadir atau oleh          Commissioner if they are unable to attend, or by a member of the Board
seorong anggota Dewan Komisaris. Panggilan rapat tersebut paling lambat           of Commissioners. The notice of the meeting must be issued no later than
5 (lima) hari kerja sebelum rapat diadakan.                                       5 (five) working days before the meeting.

Rapat Dewan Komisaris adalah sah dan berhak mengambil keputusan                   A Board of Commissioners’ Meeting is valid and has the right to make
yang mengikat apabila dihadiri dan/ atau diwakili oleh lebih dari 1/2 (satu       binding decisions if attended and/or represented by more than 1/2 (one-
per dua) jumlah anggota Dewan Komisaris. Keputusan rapat tersebut                 half) of the total number of the Board of Commissioners’ members. Meeting
diambil berdasarkan musyawarah untuk mufakat. Dalam hal terdapat                  decisions are made by deliberation to reach consensus. In the event that
lebih dari satu usulan, maka dilakukan pemilihan ulang sehingga salah             there is more than one proposal, a re-election will be held so that one
satu usulan memperoleh suara lebih dari 1/2 (satu per dua) bagian dari            proposal receives more than 1/2 (one-half) of the total votes cast. In the
jumlah suara yang dikeluarkan. Dalam Rapat Dewan Komisaris, setiap                Board of Commissioners’ Meeting, each member of the Board of Commissioners
anggota Dewan Komisaris berhak mengeluarkan 1 (satu) suara dan                    is entitled to cast 1 (one) vote and 1 (one) additional vote for each other
tambahan 1 (satu) suara untuk setiap anggota Dewan Komisaris lain yang            member of the Board of Commissioners legally represented at the meeting.
diwakilinya dengan sah dalam rapat tersebut.

Anggota Dewan Komisaris yang tidak dapat menghadiri rapat secara fisik            The Board of Commissioners’ members who are unable to attend the
dapat menghadiri rapat dengan melalui media telekonferensi, video                 meeting in person may attend via teleconference, videoconference, or
konferensi, atau sarana media elektronik lainnya sesuai dengan ketentuan          other electronic means in accordance with applicable regulations. In
yang berlaku. Selain itu, anggota Dewan Komisaris harus mengungkapkan             addition, the Board of Commissioners’ members must disclose the nature
sifat kepentingannya dalam suatu transaksi, kontrak atau kontrak yang             of their interest in any transaction, contract, or proposed contract, both
diusulkan baik secara langsung maupun tidak langsung dalam mana Bank              directly and indirectly, to which Bank Raya is a party.
Raya menjadi salah satu Pihaknya.

Adapun realisasi tingkat kehadiran masing-masing anggota Dewan                    The attendance level of each member of the Board of Commissioners in
Komisaris dalam rapat internal Dewan Komisaris, RUPST, dan RUPSLB yang            the Board of Commissioners’ internal meetings, the AGMS, and the EGMS
diselenggarakan selama tahun 2025 adalah sebagai berikut:                         held in 2025 is as follows:


                                                                                                             Rapat Internal                        RUPST 2025
                                                                                                            Internal Meeting                        2025 AGM
                   Nama                                      Jabatan
                                                                                                                                  Tingkat
                   Name                                      Position
                                                                                         Jumlah Rapat         Kehadiran         Kehadiran          Kehadiran
                                                                                         Total Meetings       Attendance        Attendance         Attendance
                                                                                                                                    Rate

 Muhamad Sidik Heruwibowo                    Komisaris Utama                                   12                  12               100%              Hadir
                                             President Commissioner                                                                                  Present
 Retno Wahyuni Wijayanti                     Komisaris Independen                              12                  12               100%              Hadir
                                             Independent Commissioner                                                                                Present
 Johanes Kuntjoro Adisardjono                Komisaris Independen                              12                  12               100%              Hadir
                                             Independent Commissioner                                                                                Present
 Nyimas Dewi Ratih Kamil                     Komisaris                                         12                   8                66%              Hadir
                                             Commissioner                                                                                            Present
 * Bank Raya tidak menyelenggarakan RUPSLB selama tahun 2025 | Bank Raya did not hold an EGMS during 2025




                                                                                          Laporan Tahunan & Laporan Keberlanjutan
                                                                                                       Annual Report & Sustainability Report   2025 313
Page 314
        Ikhtisar Kinerja                            Laporan Manajemen                            Profil Perusahaan                         Tinjauan Pendukung Bisnis
        Performance Highlights                      Management Report                            Company Profile                           Overview of Business Support Units




Risalah Rapat Dewan Komisaris
Minutes of Board of Commissioners’ Meeting
Berpedoman pada Anggaran Dasar dan Piagam Dewan Komisaris Bank                            Based on Bank Raya's Articles of Association and the Board of Commissioners
Raya, hasil Rapat dituangkan dalam Risalah Rapat. Risalah Rapat tersebut                  Charter, the Meeting results of are outlined in the Minutes of Meeting. The
dibuat oleh seorang yang hadir dalam rapat yang ditunjuk oleh Ketua                       Minutes of Meeting are made by a person who is present at the meeting,
Rapat serta kemudian ditandatangani oleh seluruh anggota Dewan                            appointed by the Chairperson of Meeting, and then signed by all members
Komisaris yang hadir dan disampaikan kepada seluruh anggota Dewan                         of the Board of Commissioners present. and submitted to all members of
Komisaris. Selanjutnya, risalah Rapat tersebut didokumentasikan oleh Bank                 the Board of Commissioners. Furthermore, the Minutes of Meeting are
Raya karena merupakan bukti yang sah untuk para anggota Dewan                             documented by Bank Raya because they are valid evidence for members
Komisaris dan untuk pihak ketiga mengenai keputusan yang diambil                          of the Board of Commissioners and for third parties regarding the decisions
dalam Rapat yang bersangkutan.                                                            taken at the Meeting.

Tabel berikut ini menjelaskan risalah rapat Dewan Komisaris yang                          The following table explains the minutes of Board of Commissioners’
diselenggarakan selama tahun buku 2025:                                                   meetings during the 2025 fiscal year:


              Tanggal                                             Agenda                                            No. Risalah Rapat                      Peserta
  No
               Date                                               Agenda                                          Minutes of Meeting No.                 Participants

 1     8 Januari 2025            Persiapan Rapat Rakernas                                                       01A/DK/I/2025                  Dewan Komisaris
       January 8, 2025           Preparation for the National Working Meeting                                                                  Board of Commissioners
 2     8 Januari 2025            1.   Persiapan Materi Komisaris Utama dalam acara Rakernas                     01/DK/I/2025                   Dewan Komisaris
                                 2.   Pembahasan Lanjutan RJPP 2025-2029
                                 3.   Jadwal Kunjungan Kerja Dewan Komisaris dan Komite Dewan Komisaris

       January 8, 2025           1.   Preparation of Material for the President Commissioner for the National                                  Board of Commissioners
                                      Working Meeting
                                 2.   Continued Discussion of the 2025-2029 Long-Term Plan (RJPP)
                                 3.   Schedule of Working Visits for the Board of Commissioners and Board
                                      of Commissioners Committees
 3     12 Februari 2025          Usulan Risk Appetite Statement (RAS) Bank Raya Tahun 2025                      03A/NR/DK/II/2025              Dewan Komisaris
       February 12, 2025         Bank Raya's Proposed Risk Appetite Statement (RAS) for 2025                                                   Board of Commissioners
 4     5 Maret 2025              Pergantian Sekretaris Dewan Komisaris Bank Raya dan Perubahan Jadwal           04/DK/III/2025                 Dewan Komisaris
                                 Kunjungan Kerja Semester I Tahun 2025

       March 5, 2025             Replacement of the Secretary of the Board of Commissioners of Bank Raya                                       Board of Commissioners
                                 and Changes to the Working Visit Schedule for the First Semester of 2025
 5     23 April 2025             Evaluasi Tingkat Kesehatan Bank (TKB)                                          07A/NR/DK/IV/2025              Dewan Komisaris
       April 23, 2025            Bank Soundness Level Evaluation (TKB)                                                                         Board of Commissioners
 16    14 Mei 2025               Penguatan Cyber Security Bank Raya                                             07B/NR/DK/V/2025               Dewan Komisaris
       May 14, 2025              Strengthening Bank Raya's Cyber Security                                                                      Board of Commissioners
 17    6 Agustus 2025            Hasil wawancara calon anggota Dewan komite Komisaris                           10A/DK/VIII/2025               Dewan Komisaris
       August 6, 2025            Results of Interviews with Candidate Members of the Board of Commissioners’                                   Board of Commissioners
                                 Committee
 8     8 September 2025          Update pengelolaan Debitur CBD PT Sebaung Sawit Plantation dan Kopsen          11A/DK/IX/2025                 Dewan Komisaris
                                 Bumi Putra Jaya

       September 8, 2025         Update on the Management of CBD Debtors at PT Sebaung Sawit Plantation                                        Board of Commissioners
                                 and Kopsen Bumi Putra Jaya
 9     17 Desember 2025          Pembahasan Evaluasi PAT Tahun 2025 dan Temuan OJK                              14A/NR/DK/XII/2025             Dewan Komisaris
       December 17, 2025         Discussion on the 2025 PAT Evaluation and OJK Findings                                                        Board of Commissioners
 10    22 Desember 2025          Pembahasan Temuan OJK                                                          15A/NR/DK/XII/2025             Dewan Komisaris
       December 22, 2025         Discussion of OJK Findings                                                                                    Board of Commissioners
 11    29 Desember 2025          Pembahasan Kinerja Bank Raya 2025 dan langkah penting untuk pencapaian         15/NR/DK/XII/2025              Dewan Komisaris
                                 kinerja 2026

       December 29, 2025         Discussion of Bank Raya's 2025 Performance and important steps to achieve                                     Board of Commissioners
                                 2026 performance
 12    31 Desember 2025          Perubahan anggota komite dan sekretaris Dewan Komisaris Bank Raya              16/NR/DK/XII/2025              Dewan Komisaris
                                 dan persiapan rakernas Bank Raya

       December 31, 2025         Changes in committee members and secretary of Bank Raya’s Board of                                            Board of Commissioners
                                 Commissioners and preparations for Bank Raya’s National Working Meeting




314 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                Tata Kelola Perusahaan                          Laporan Keberlanjutan                Laporan Keuangan Audit
       Management Discussion and Analysis               Good Corporate Governance                       Sustainability Report                Audited Financial Report




Program Orientasi Dewan Komisaris
Board of Commissioners’ Orientation Program
Bank Raya memberikan program pengenalan bagi anggota Dewan                          Bank Raya provides an introduction program for newly appointed members
Komisaris yang baru diangkat. Program pengenalan tersebut diberikan                 of the Board of Commissioners. This introduction program can be in the
dalam bentuk pembekalan sertifikasi manajemen risiko bagi Dewan                     form of provision of risk management certification for the Board of
Komisaris selain On Boarding Program Dewan Komisaris Bank Raya &                    Commissioners, in addition to the Onboarding Program of Board of
Pembekalan Fit and Proper Test. Sehubungan dengan tidak adanya                      Commissioners of Bank Raya and Fit and Proper Test. Due to the absence
pengangkatan anggota Dewan Komisaris baru selama tahun 2025, maka                   of appointment for the new Board of Commissioners during 2025, Bank
Bank Raya tidak menyelenggarakan program pengenalan tersebut.                       Raya did not conduct this introduction program.




Pelatihan dan Pengembangan Kompetensi Dewan Komisaris
Board of Commissioners’ Training and Competency Development

Sebagai bentuk pemenuhan atas aspek kompetensi yang dimiliki oleh                   As a form of compliance with the competency requirements of Board of
anggota Dewan Komisaris sebagaimana diatur dalam POJK Penerapan                     Commissioners’ members as stipulated in the Financial Services Authority
Tata Kelola bagi Bank Umum, Bank Raya juga menyediakan program                      Regulation (POJK) on the Implementation of Governance for Commercial
peningkatan kompetensi bagi Dewan Komisaris. Dewan Komisaris diberi                 Banks, Bank Raya also provides a competency development program for
kesempatan untuk dapat mengembangkan dan meningkatkan kompetensi.                   the Board of Commissioners. The Board of Commissioners is given the
Program peningkatan kompetensi Dewan Komisaris yang dilakukan melalui               opportunity to develop and improve the competencies. The Board of
kegiatan pelatihan, program sertifikasi, dan program lainnya dalam bentuk           Commissioners’ competency development program is held through training
seminar atau workshop.                                                              activities, certification programs, and other programs in the form of seminars
                                                                                    or workshops.

Anggota Dewan Komisaris Bank Raya membudayakan pembelajaran                         The Board of Commissioners’ members of Bank Raya cultivate continuous
secara berkelanjutan dalam rangka peningkatan pengetahuan tentang                   learning in order to increase knowledge on banking and the latest
perbankan dan perkembangan terkini terkait bidang keuangan/lainnya                  developments related to finance/ fields that support the implementation
yang mendukung pelaksanaan tugas dan tanggung jawabnya pada                         of their duties and responsibilities at all organizational levels or ranks. The
seluruh tingkatan atau jenjang organisasi. Implementasi atas program                training and competency development programs followed by members
pelatihan dan pengembangan kompetensi yang diikuti oleh anggota                     of Bank Raya’s Board of Commissioners during the 2025 fiscal year are as
Dewan Komisaris Bank Raya selama tahun buku 2025 adalah sebagai                     follows:
berikut:


                                                                                  Pelatihan & Pengembangan Kompetensi
                                                                                   Training & Competency Development
       Nama              Jabatan
       Name              Position
                                                                Nama                                          Tempat & Waktu                       Penyelenggara
                                                                Name                                            Place & Date                         Organizer

 Muhamad Sidik       Komisaris Utama   •    Transformasi Digital                                    •     Jakarta, 23 Januari 2025           •     LPPI
 Heruwibowo                            •    Peran GRC dalam meningkatkan Kepercayaan Investor       •     Jakarta, 25 Februari 2025          •     LPPI
                                       •    Webinar The Future of Cybersecurity                     •     Jakarta, Juni 2025                 •     OJK
                                       •    Webinar Inovasi Pembelajaran di Era AI                  •     Jakarta 28 Juli 2025               •     LPPM
                                       •    Webinar AI & Keuangan Digital dalam Mengelola           •     Jakarta, 26 Agustus 2025           •     Bank Raya
                                            Finansial di Era Semua Serba Online
                                       •    Training National Conference IIA Indonesia              •     Medan, 27-28 Agustus 2025          •     IIA
                                       •    Reshuffle Menyembuhkan Ekonomi                          •     Jakarta, 10 September 2025         •     Universitas Paramadina
                                       •    Penguatan Ekosistem Asuransi Kesehatan Indonesia        •     26 September 2025                  •     LPPI

                     President         •    Digital Transformation                                  •     Jakarta, January 23, 2025          •     LPPI
                     Commissioner      •    GRC Role in Increasing Investor Confidence              •     Jakarta, February 25, 2025         •     LPPI
                                       •    Webinar The Future of Cybersecurity                     •     Jakarta, June 2025                 •     OJK
                                       •    Webinar: Learning Innovation in the AI Era              •     Jakarta, July 28, 2025             •     LPPM
                                       •    Webinar: AI & Digital Finance in Managing Finances in   •     Jakarta, August 26, 2025           •     Bank Raya
                                            the Online Era
                                       •    IIA Indonesia National Conference Training              •     Medan, August 27-28, 2025          •     IIA
                                       •    Reshuffles Heal the Economy                             •     Jakarta, September 10, 2025        •     Universitas Paramadina
                                       •    Strengthening the Indonesian Health Insurance           •     September 26, 2025                 •     LPPI
                                            Ecosystem
 Retno Wahyuni       Komisaris         •    Women Leadership di Dharmawangsa Hotel.                 •     Jakarta, 28 April 2025             •     LPPI
 Wijayanti           Independen        •    Kegiatan Executive Education (Nordic Leadership         •     Jakarta, 19-21 Mei 2025            •     LPPI
                                            Program di Nordic University & LPPI)
                                       •    Webinar The Future of Cybersecurity                     •     Jakarta, Juni 2025                 •     OJK
                                       •    Webinar AI & Keuangan Digital dalam Mengelola           •     Jakarta, 26 Agustus 2025           •     Bank Raya
                                            Finansial di Era Semua Serba Online

                     Independent       •    Women Leadership at Dharmawangsa Hotel.                 •     Jakarta, April 28, 2025            •     LPPI
                     Commissioner      •    Executive Education Activities (Nordic Leadership       •     Jakarta, May 19-21, 2025           •     LPPI
                                            Program at Nordic University & LPPI)
                                       •    Webinar The Future of Cybersecurity                     •     Jakarta, June 2025                 •     OJK
                                       •    Webinar: AI & Digital Finance in Managing Finances      •     Jakarta, August 26, 2025           •     Bank Raya
                                            in the Online Era




                                                                                             Laporan Tahunan & Laporan Keberlanjutan
                                                                                                           Annual Report & Sustainability Report   2025 315
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        Ikhtisar Kinerja                         Laporan Manajemen                             Profil Perusahaan                        Tinjauan Pendukung Bisnis
        Performance Highlights                   Management Report                             Company Profile                          Overview of Business Support Units




                                                                                      Pelatihan & Pengembangan Kompetensi
                                                                                       Training & Competency Development
       Nama               Jabatan
       Name               Position
                                                                   Nama                                         Tempat & Waktu                        Penyelenggara
                                                                   Name                                           Place & Date                          Organizer

 Johanes Kuntjoro     Komisaris          •    Seminar "Pengembangan Metode Pembelajaran                 •   Jakarta,                             •    LPPI.
 Adisardjono          Independen              dengan Menggunakan Artificial Intelligence (AI)
                                         •    Sosialisasi Program Risk Culture Bank Raya 2025           •   Jakarta, Mei 2025                    •    Bank Raya
                                         •    Webinar "Peran Artificial Intelligence dan Audit          •   Jakarta, Mei 2025                    •    LPPI
                                              Competency dalam Meningkatkan Profesional Septicism
                                              Auditor”
                                         •    Webinar The Future of Cybersecurity                       •   Jakarta, Juni 2025                   •    OJK
                                         •    Pelatihan Assesor Kompentensi                             •   Jakarta, 23-27 Juli 2025             •    LSP LSPP
                                         •    Webinar Inovasi Pembelajaran di Era AI                    •   Jakarta, 28 Juli 2025                •    LPPM dan FOCAL
                                         •    Penguatan Ekosistem Asuransi Kesehatan Indonesia          •   Jakarta, 26 September 2025           •    LPPI
                                         •    Reshuffle Menyembuhkan Ekonomi                            •   Jakarta, 26 September 2025           •    Universitas Paramadina
                                         •    Webinar AI & Keuangan Digital dalam Mengelola             •   Jakarta, 26 Agustus 2025             •    Bank Raya
                                              Finansial di Era Semua Serba Online
                                         •    Pendidikan & Refreshment MR                               •   Ciloto, 10 November 2025             •    LSP

                      Independent        •    Seminar: "Developing Learning Methods Using Artificial    •   Jakarta,                             •    LPPI
                      Commissioner            Intelligence (AI)"
                                         •    Dissemination of Bank Raya's Risk Culture Program 2025    •   Jakarta, May 2025                    •    Bank Raya
                                         •    Webinar "The Role of Artificial Intelligence and Audit    •   Jakarta, May 2025                    •    LPPI
                                              Competency in Improving the Professionalism of
                                              Septicism Auditors"
                                         •    Webinar The Future of Cybersecurity                       •   Jakarta, Juni 2025                   •    OJK
                                         •    Competency Assessor Training                              •   Jakarta, July 23-27. 2025            •    LSP LSPP
                                         •    Webinar: Learning Innovation in the AI Era                •   Jakarta, July 28, 2025               •    LPPM and FOCAL
                                         •    Strengthening the Indonesian Health Insurance Ecosystem   •   Jakarta, September 26, 2025          •    LPPI
                                         •    Reshuffles Heal the Economy                               •   Jakarta, September 26, 2025          •    Universitas Paramadina
                                         •    Webinar: AI & Digital Finance in Managing Finances in     •   Jakarta, August 26, 2025             •    Bank Raya
                                              the Online Era
                                         •    MR Education & Refreshment                                •   Ciloto, November 10, 2025            •    LSP
 Nyimas Dewi Ratih    Komisaris          •    Women Leadership di Dharmawangsa Hotel.                   •   Jakarta, 28 April 2025               •    LPPI
 Kamil                                   •    Webinar The Future of Cybersecurity                       •   Jakarta, Juni 2025                   •    OJK
                                         •    Webinar Inovasi Pembelajaran di Era AI                    •   Jakarta, 28 Juli 2025                •    LPPM
                                         •    Webinar AI & Keuangan Digital dalam Mengelola             •   Jakarta, 26 Agustus 2025             •    Bank Raya
                                              Finansial di Era Semua Serba Online                       •   Jakarta, 26 September 2025           •    LPPI
                                         •    Penguatan Ekosistem Asuransi Kesehatan Indonesia          •   Jakarta, 10 September 2025           •    Universitas Paramadina
                                         •    Reshuffle Menyembuhkan Ekonomi

                      Commissioner       •    Women Leadership at Dharmawangsa Hotel.                   •   Jakarta, April 28, 2025              •    LPPI
                                         •    Webinar The Future of Cybersecurity                       •   Jakarta, Juni 2025                   •    OJK
                                         •    Webinar: Learning Innovation in the AI Era                •   Jakarta, July 28, 2025               •    LPPM
                                         •    Webinar: AI & Digital Finance in Managing Finances in     •   Jakarta, August 26, 2025             •    Bank Raya
                                              the Online Era
                                         •    Reshuffles Heal the Economy                               •   Jakarta, September 10, 2025          •    Universitas Paramadina
                                         •    Strengthening the Indonesian Health Insurance Ecosystem   •   Jakarta, September 26, 2025          •    LPPI




Pelaksanaan Tugas Dewan Komisaris Tahun 2025
Implementation of the Board of Commissioners' Duties in 2025

Berpedoman pada Anggaran Dasar, Kebijakan Umum Penerapan GCG,                           Referring to the Articles of Association, the General Policy on GCG Implementation,
dan Piagam Dewan Komisaris Bank Raya, Dewan Komisaris telah menjalankan                 and the Board of Commissioners Charter of Bank Raya, the Board of
fungsi pengawasan untuk kepentingan Bank atas kebijakan dan jalannya                    Commissioners has exercised its supervisory function for the interest of the
pengurusan oleh Direksi, memberikan nasihat kepada Direksi dan                          Bank over the policies and management of the Board of Directors, provided
bertanggung jawab atas pengawasan tersebut. Fungsi pengawasan yang                      advice to the Board of Directors, and is responsible for such supervision. The
dijalankan oleh Dewan Komisaris selama tahun buku 2025 tersebut                         supervisory functions carried out by the Board of Commissioners during the
dijalankan dengan:                                                                      2025 fiscal year were:
•    Memastikan terselenggaranya pelaksanaan prinsip-prinsip GCG dalam                  •    Ensuring the implementation of GCG principles in each business activity
     setiap kegiatan usaha Bank pada seluruh tingkatan atau jenjang                          of the Bank at all organizational levels or ranks through various internal
     organisasi melalui beragam rapat internal Dewan Komisaris, rapat                        meetings of Board of Commissioners, meetings with the Board of
     dengan Direksi, divisi atau desk, dan konsultasi dengan unit kerja bisnis               Directors, divisions or desks, and consultations with business work units
     terkait dengan putusan kredit dengan nominal tertentu, persetujuan                      related to credit decisions of a certain nominal amount, the Board of
     Dewan Komisaris terhadap putusan kredit kepada pihak terkait Bank                       Commissioners' approval of credit decisions to the related parties of
     dan terhadap beberapa kebijakan internal tertentu sebagaimana                           the Bank and several internal policies as stipulated by applicable
     ditetapkan oleh ketentuan yang berlaku, dan hasil evaluasi Dewan                        regulations, and the Board of Commissioners' evaluation result of the
     Komisaris atas penerapan Tata Kelola Bank, Fungsi Kepatuhan, Anti                       implementation of Bank Governance, Compliance Function, Anti-
     Money Laundering dan Penerapan Manajemen Risiko Bank.                                   Money Laundering, and Risk Management of the Bank.
•    Melaksanakan pengawasan terhadap pelaksanaan tugas dan tanggung                    •    Carrying out supervision of the implementation of the Board of Directors’
     jawab Direksi secara berkala maupun sewaktu-waktu, serta memberikan                     duties and responsibilities periodically or at any time, and providing
     nasihat kepada Direksi yang pelaksanaannya dilakukan secara rutin                       advice to the Board of Directors, the implementation of which is carried
     minimal 1 (satu) kali dalam sebulan melalui forum Rapat Direksi dan                     out routinely at least once a month through the Board of Directors and
     Dewan Komisaris.                                                                        Board of Commissioners Meeting forum.




316 PT Bank Raya Indonesia Tbk
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          Analisis dan Pembahasan Manajemen                 Tata Kelola Perusahaan                      Laporan Keberlanjutan                 Laporan Keuangan Audit
          Management Discussion and Analysis                Good Corporate Governance                   Sustainability Report                 Audited Financial Report




•      Mengarahkan, memantau dan mengevaluasi pelaksanaan kebijakan                    •    Directing, monitoring, and evaluating the implementation of the Bank's
       strategis Bank, antara lain melalui rapat bersama Direksi setiap                     strategic policies, including through monthly joint meetings with the
       bulan dan dituangkan dalam notulen Rapat Direksi dan Dewan                           Board of Directors, which are documented in the minutes of the Board
       Komisaris.                                                                           of Directors and Board of Commissioners’ meetings.
•      Memastikan bahwa Direksi telah menindaklanjuti Temuan Audit dan                 •    Ensuring that the Board of Directors has followed up on audit findings
       Rekomendasi dari Divisi Internal Audit (IAU) Bank, Auditor Eksternal,                and recommendations from the Bank's Internal Audit Unit (IAU), the
       hasil Pengawasan Otoritas Jasa Keuangan dan/atau hasil Pengawasan                    External Auditor, the supervision results of Financial Services Authority
       Otoritas lainnya.                                                                    (OJK), and/or other authorities.
•      Memastikan bahwa komite yang dibentuk oleh Dewan Komisaris telah                •    Ensuring that the committees established by the Board of Commissioners
       menjalankan tugasnya secara efektif melalui rapat-rapat dan laporan                  have carried out their duties effectively through meetings and reports
       Komite Audit, Komite Pemantau Risiko, dan Komite Remunerasi dan                      of the Audit Committee, the Risk Monitoring Committee, and the
       Nominasi.                                                                            Remuneration and Nomination Committee.

Selain itu, Dewan Komisaris juga melakukan kunjungan ke kantor cabang                  Furthermore, the Board of Commissioners also visited Bank Raya's branches
atau jaringan Bank Raya sebanyak 10 (sepuluh) kali untuk semester I dan                and network offices 10 (ten) times in the first semester and 5 (five) times in
5 (lima) kali untuk semester II dalam rangka menjalankan fungsi pengawasan             the second semester to carry out its supervisory function over banking
atas pelayanan perbankan. Selanjutnya, Dewan Komisaris telah menyusun                  services. Furthermore, the Board of Commissioners has prepared and
dan menyampaikan Laporan Pengawasan Pelaksanaan Rencana Bisnis                         submitted the Bank's Business Plan Implementation Supervision Report as
Bank sebagai berikut:                                                                  follows:


             No. Surat                 Tanggal                                                             Perihal
             Letter No.                 Date                                                               Subject

    B.10/DK-I/2025                22 Januari 2025    Laporan Pengawasan Dewan Komisaris PT Bank Raya Indonesia Tbk Semester II Tahun 2024
                                  January 22, 2025   Board of Commissioners' Supervisory Report of PT Bank Raya Indonesia Tbk, Semester II, 2024
    B.58/DK/Dir.01/CSC/ 04/2025   14 April 2025      Penyampaian Laporan Manajemen dan Hasil Pengawasan Dewan Komisaris PT Bank Raya Indonesia Tbk
                                  April 14, 2025     Submission of Management Report and Supervisory Results of the Board of Commissioners of PT Bank Raya Indonesia Tbk
    B.72/DK-IV/2025               30 April 2025      Laporan Pengawasan Dewan Komisaris PT Bank Raya Indonesia Triwulan I 2025
                                  April 30, 2025     Supervisory Report of the Board of Commissioners of PT Bank Raya Indonesia, Quarter I 2025
    B.131/DK-VII/2025             30 Juli 2025       Laporan Pengawasan DEwan Komisaris atas Realisasi RBB Triwulan II/2025 dan Implementasi iCoFR PT Bank Raya
                                                     Indonesia Tbk

                                  July 30, 2025      Board of Commissioners’ Supervisory Report on the Realization of Business Plan (RBB) for Quarter II 2025 and the
                                                     Implementation of iCoFR at PT Bank Raya Indonesia Tbk
    B.140/DK-VIII/2025            05 Agustus 2025    Laporan Pengawasan Dewan Komisaris tentang Progres Implementasi ICoFR PT Bank Raya Indonesia Tbk
                                  August 5, 2025     Board of Commissioners’ Supervisory Report on the Progress of ICoFR Implementation at PT Bank Raya Indonesia Tbk
    B.193A/DK-X/2025              29 Oktober 2025    Laporan Hasil Evaluasi Pengawasan MR, Kepatuhan Triwulan III/2025 dan Implementasi ICoFR PT Bank Raya Indonesia Tbk
                                  October 29, 2025   Report on the Evaluation Results of MR Supervisory, Compliance for Quarter III 2025, and ICoFR Implementation at PT
                                                     Bank Raya Indonesia Tbk




Penilaian Kinerja Komite di Bawah Dewan Komisaris Beserta Dasar Penilaiannya
Performance Assessment of Committees Under the Board of Commissioners and the Basis for Their
Assessment
Sebagaimana diamanatkan dalam Piagam Dewan Komisaris, disamping                        As mandated in the Board of Commissioners Charter, in addition to forming
membentuk komite yang paling sedikit terdiri dari Komite Audit, Komite                 committees consisting of at least Audit Committee, Remuneration and
Remunerasi dan Nominasi, serta Komite Pemantau Risiko, Dewan Komisaris                 Nomination Committee, and Risk Monitoring Committee, the Board of
juga berkewajiban melakukan evaluasi terhadap kinerja ketiga komite                    Commissioners is also obligated to evaluate the three committees’
tersebut sekurang-kurangnya pada setiap akhir tahun buku. Dewan Komisaris              performance at least at the end of each fiscal year. The Board of Commissioners
melakukan penilaian terhadap kinerja Komite di bawahnya berdasarkan                    assesses the committees’ performance based on the criteria set, including:
kriteria yang telah ditetapkan antara lain: a. kehadiran dan keaktifan dalam           a. attendance and activeness in meetings; b. recommendations given to
rapat; b. rekomendasi yang diberikan kepada Dewan Komisaris; dan                       the Board of Commissioners; and c. timely reporting.
c. pelaporan yang tepat waktu.

Komite Audit Bank Raya telah membantu Dewan Komisaris dalam memantau                   Bank Raya's Audit Committee has assisted the Board of Commissioners in
dan efektivitas sistem pengendalian internal dan pelaksanaan tugas auditor             monitoring the effectiveness of internal control system and the implementation
internal dan auditor eksternal dengan melakukan pemantauan dan evaluasi                of duties of internal and external auditors by monitoring and evaluating
atas memastikan perencanaan dan pelaksanaan audit dalam rangka                         the planning and implementation of audits to assess the adequacy of
menilai kecukupan pengendalian internal termasuk proses pelaporan                      internal control, including the financial reporting process. In addition, the
keuangan. Selain itu, Komite Audit telah menyelenggarakan rapat sebanyak               Audit Committee held 17 meetings during 2025, or more than the minimum
17 kali selama tahun 2025 atau lebih baik dibandingkan ketentuan minimal               requirement for this committee’s meeting, which is 1 time in 1 month, as
rapat komite ini yakni 1 kali dalam 1 bulan berdasarkan POJK Penerapan                 stipulated in the Financial Services Authority Regulation (POJK) on the
Tata Kelola bagi Bank Umum.                                                            Implementation of Governance for Commercial Banks.

Selanjutnya, Komite Pemantau Risiko juga telah membantu Dewan Komisaris                Furthermore, the Risk Monitoring Committee has also assisted the Board of
dalam memantau pelaksanaan manajemen risiko yang disusun oleh Direksi                  Commissioners in monitoring the implementation of risk management
serta menilai toleransi risiko yang dapat diambil oleh Bank Raya. Komite               prepared by the Board of Directors and assessing the risk tolerance that
ini telah mengadakan rapat sebanyak 20 kali selama tahun 2025, lebih                   can be taken by Bank Raya. This committee held 20 meetings during 2025,
banyak dibandingkan ketentuan minimal rapat komite ini yakni 1 kali                    or more than the minimum requirement for this committee’s meeting, which
dalam 1 bulan mengacu pada POJK Penerapan Tata Kelola bagi Bank                        is 1 time in 1 month, as stipulated in POJK on the Implementation of Good
Umum.                                                                                  Corporate Governance for Commercial Banks.


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        Ikhtisar Kinerja                      Laporan Manajemen                   Profil Perusahaan                    Tinjauan Pendukung Bisnis
        Performance Highlights                Management Report                   Company Profile                      Overview of Business Support Units




Terakhir, Komite Remunerasi dan Nominasi telah membantu Dewan               Finally, the Remuneration and Nomination Committee has assisted the
Komisaris dalam pelaksanaan fungsi dan tugas terkait remunerasi dan         Board of Commissioners in carrying out its functions and duties related to
nominasi terhadap anggota Direksi dan anggota Dewan Komisaris. Komite       the remuneration and nomination of members of the Board of Directors
ini telah mengadakan rapat sebanyak 8 kali selama tahun 2025 atau lebih     and members of the Board of Commissioners. This committee held 8
banyak dibandingkan ketentuan minimal rapat komite ini yakni 1 kali         meetings during 2025, or more than the minimum requirement for this
dalam 3 bulan berpedoman pada POJK Penerapan Tata Kelola bagi Bank          committee’s meeting, which is 1 time in 3 months, as stipulated in POJK on
Umum.                                                                       the Implementation of Governance for Commercial Banks.

Penjelasan lebih lengkap terkait ketiga komite di bawah Dewan Komisaris     More complete explanation of the three committees under the Board of
Bank Raya tersebut di atas dapat dilihat di bab GCG bagian Organ            Commissioners of Bank Raya can be found in the GCG chapter under the
Pendukung Dewan Komisaris.                                                  Board of Commissioners’ Supporting Organs.



Komisaris Independen
Independent Commissioner

Komisaris Independen, menurut POJK Penerapan Tata Kelola bagi Bank          Independent Commissioners, according to POJK on the Implementation
Umum dan Kebijakan Umum Penerapan GCG Bank Raya, adalah anggota             of Governance for Commercial Banks and the General Policy on GCG
Dewan Komisaris yang tidak memiliki hubungan keuangan, kepengurusan,        Implementation for Bank Raya, are the Board of Commissioners’ members
kepemilikan saham, dan/atau hubungan keluarga dengan anggota Direksi,       who have no financial, management, share ownership, and/or family
anggota Dewan Komisaris lain, dan/atau pemegang saham pengendali            relationships with members of the Board of Directors, other members of the
termasuk pemegang saham pengendali terakhir, atau hubungan dengan           Board of Commissioners, and/or controlling shareholders, including the
Bank yang dapat memengaruhi kemampuan yang bersangkutan untuk               ultimate controlling shareholder, or any relationship with the Bank that
bertindak independen.                                                       could affect their ability to act independently.


Persyaratan Komisaris Independen                                            Requirements for Independent Commissioner
POJK Penerapan Tata Kelola bagi Bank Umum dan Kebijakan Umum                POJK on the Implementation of Governance for Commercial Banks and
Penerapan GCG Bank Raya mensyaratkan calon Komisaris Independen             the General Policy on the Implementation of GCG for Bank Raya requires
harus memiliki pengetahuan di bidang perbankan yang memadai dan             that prospective Independent Commissioners possess adequate banking
relevan dengan jabatan sebagai Komisaris Independen dan pengalaman          knowledge relevant to their position as Independent Commissioners and
di bidang perbankan dan/atau bidang keuangan. Dalam hal terdapat            experience in banking and/or finance. In the event that there is a conflict
benturan kepentingan atau potensi benturan kepentingan dari calon           of interest or potential conflict of interest between a prospective Independent
Komisaris Independen atau calon Komisaris Non Independen yang terkait       Commissioner or prospective Non-Independent Commissioner related
dengan Bank sehubungan dengan pencalonan yang bersangkutan pada             to the Bank in connection with their nomination to the Bank, the prospective
Bank, calon yang bersangkutan mengungkapkan benturan kepentingan            Independent Commissioner must disclose the conflict of interest during
dalam proses penilaian kemampuan dan kepatutan.                             the fit and proper test process.

Mantan anggota Direksi atau Pejabat Eksekutif Bank Raya atau pihak yang     Former members of the Board of Directors or Executive Officers of Bank
mempunyai hubungan dengan Bank yang dapat memengaruhi kemampuan             Raya, or any party with a relationship with the Bank that could affect their
yang bersangkutan untuk bertindak independen wajib menjalani masa           ability to act independently, must undergo a waiting period of at least 1
tunggu paling singkat 1 (satu) tahun sebelum menjadi Komisaris Independen   (one) year before becoming an Independent Commissioner at the Bank.
pada Bank yang bersangkutan.


Jumlah dan Komposisi Komisaris                                              Number and Composition of Independent
Independen                                                                  Commissioners

Bank Raya telah memenuhi ketentuan POJK Penerapan Tata Kelola bagi          Bank Raya has complied with the provisions of POJK on the Implementation
Bank Umum dan Anggaran Dasar Bank Raya tentang Komisaris Independen         of Governance for Commercial Banks and the Articles of Association of
yang berjumlah wajib paling sedikit 50% (lima puluh persen) dari jumlah     Bank Raya on Independent Commissioners that must constitute at least
anggota Dewan Komisaris Bank. Dalam hal ini, dari jumlah anggota Dewan      50% (fifty percent) of the total Board of Commissioners’ members of the
Komisaris sebanyak 4 (empat) orang, 2 diantaranya adalah Komisaris          Bank. In this regard, from the total number of the Board of Commissioners’
Independen. Secara persentase jumlah anggota Komisaris Independen           members of 4 (four) people, 2 are Independent Commissioners. In percentage
adalah 50,0% dari total anggota Dewan Komisaris.                            term, the number of Independent Commissioners is 50.0% of the total Board
                                                                            of Commissioners’ members.

Anggota Komisaris Independen Bank Raya adalah Retno Wahyuni Wijayanti       Bank Raya's Independent Commissioners are Retno Wahyuni Wijayanti
dan Johanes Kuntjoro Adisardjono. Penjelasan terkait profil Komisaris       and Johanes Kuntjoro Adisardjono. Details on the Independent Commissioners’
Independen dijelaskan di bab Profil Perusahaan bagian Profil Dewan          profiles are provided in the Company Profile section of the Board of
Komisaris.                                                                  Commissioners Profile.




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        Analisis dan Pembahasan Manajemen                        Tata Kelola Perusahaan                         Laporan Keberlanjutan                  Laporan Keuangan Audit
        Management Discussion and Analysis                       Good Corporate Governance                      Sustainability Report                  Audited Financial Report




Masa Jabatan                                                                                  Term of Office
Berpedoman pada POJK Penerapan Tata Kelola bagi Bank Umum, Komisaris                          Referring to POJK on the Implementation of Governance for Commercial
Independen Bank Raya menjabat untuk jangka waktu tertentu dan dapat                           Banks, Independent Commissioners of Bank Raya serve for a specific term
diangkat kembali setelah mendapatkan persetujuan RUPS, paling banyak                          and can be reappointed after obtaining approval of the GMS, for a maximum
untuk 2 (dua) periode masa jabatan secara berturut-turut. Selanjutnya,                        of 2 (two) consecutive terms. Furthermore, Independent Commissioners
Komisaris Independen yang telah menjabat selama 2 (dua) periode masa                          who have served 2 (two) consecutive terms may be reappointed for a
jabatan secara berturut-turut dapat diangkat kembali pada periode                             subsequent term as Independent Commissioners, by considering the
selanjutnya sebagai Komisaris Independen dengan mempertimbangkan                              Independent Commissioner's performance assessment results; the Board
hasil penilaian kinerja Komisaris Independen; hasil penilaian rapat Dewan                     of Commissioners' meeting results, which state that the Independent
Komisaris yang menyatakan bahwa Komisaris Independen tetap dapat                              Commissioner remains capable of acting independently; the assessment
bertindak independen; hasil penilaian oleh kepala satuan kerja audit intern                   results by the head of internal audit work unit and the Executive Officer in
dan Pejabat Eksekutif yang membawahkan fungsi sumber daya manusia                             charge of human resources, which state that the Independent Commissioner
yang menyatakan bahwa Komisaris Independen tetap dapat bertindak                              remains capable of acting independently; and the Independent
independen; dan pernyataan Komisaris Independen dalam RUPS mengenai                           Commissioners’ statement at the GMS regarding their independence.
independensi yang bersangkutan.


Pernyataan Independensi Komisaris                                                             Statement of Independence of
Independen                                                                                    Independent Commissioners

Komisaris Independen Bank Raya telah memenuhi persyaratan independensi                        Bank Raya's Independent Commissioners have met the independence
sebagaimana yang diatur dalam Anggaran Dasar. Pernyataan independensi                         requirements as stipulated in the Articles of Association. The statement of
masing-masing Komisaris Independen juga selaras dengan yang tertuang                          independence of each Independent Commissioner is in line with that stated
dalam ketentuan Pasal 25 ayat (1) POJK No. 33/POJK.04/2014 tentang                            in Article 25 paragraph (1) of POJK No. 33/POJK.04/2014 on the Board of
Direksi dan Dewan Komisaris Emiten atau Perusahaan Publik, sebagai                            Directors and Board of Commissioners of Issuers or Public Companies, as
berikut:                                                                                      follows:


                                                    Persyaratan Independensi                                                           Retno Wahyuni         Johanes Kuntjoro
                                                  Independence Requirements                                                              Wijayanti             Adisardjono

 Bukan merupakan orang yang bekerja atau mempunyai wewenang dan tanggung jawab untuk merencanakan, memimpin,                                   √                     √
 mengendalikan, atau mengawasi kegiatan Emiten atau Perusahaan Publik tersebut dalam waktu 6 (enam) bulan terakhir,
 kecuali untuk pengangkatan kembali sebagai Komisaris Independen Perusahaan pada periode berikutnya.

 Not a person who works or has the authority and responsibility to plan, lead, control or supervise the activities of the Issuer or
 Public Company in the last 6 (six) months, except for reappointment as an Independent Commissioner of the Company in the
 following period.
 Tidak mempunyai saham baik langsung maupun tidak langsung pada Perusahaan.                                                                    √                     √
 Does not have any shares either directly or indirectly in the Company.
 Tidak mempunyai hubungan afiliasi dengan Perusahaan, anggota Dewan Komisaris, anggota Direksi, atau pemegang saham                            √                     √
 utama Perusahaan.

 Does not have any affiliated relationship with the Company, members of the Board of Commissioners, members of the Board
 of Directors, or major shareholders of the Company.
 Tidak mempunyai hubungan usaha baik langsung maupun tidak langsung yang berkaitan dengan kegiatan utama Perusahaan.                           √                     √
 Does not have any direct or indirect business relationships related to the Company's main activities.




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      Ikhtisar Kinerja                       Laporan Manajemen                                                 Profil Perusahaan                    Tinjauan Pendukung Bisnis
      Performance Highlights                 Management Report                                                 Company Profile                      Overview of Business Support Units




   Pernyataan Independensi Masing-masing                                                                    Statement of Independence of Each
   Komisaris Independen                                                                                     Independent Commissioner

   Berikut ini disajikan surat pernyataan independensi dari setiap Komisaris                                The following is a statement of independence from each Independent
   Independen Bank Raya:                                                                                    Commissioner of Bank Raya:


                                                       Pernyataan Independensi - Retno Wahyuni Wijayanti
                                                       Statement of Independence - Retno Wahyuni Wijayanti




                                                                              SURAT PERNYATAAN INDEPENDENSI
                                                                                  PT BANK RAY A INDONESIA Tbk

                                                           Saya yang bertandatangan di bawah ini:
                                                           Nama                     :Retno Wahyuni Wijayanti
                                                           Tempat dan Tanggal Lahir :Palembang, 31 Agustus 1965
                                                           No. KTP/Paspor           :3674047108650010
                                                           Alamat                   :Puri Bintaro PB 42/19 RT.009 RW.009
                                                                                     Kel. Sawah Baru, Kee. Ciputat
                                                                                     Kota Tangerang Selatan


                                                           Dengan ini menyatakan bahwa saya

                                                           1.   Saya tidak memiliki hubungan keuangan, hubungan kepengurusan, kepemilikan
                                                                saham dan/atau hubungan keluarga dengan anggota Dewan Komisaris lainnya,
                                                                Direksi dan/atau Pemegang Saham Pengendali atau hubungan dengan Bank, yang
                                                                dapat mempengaruhi kemampuan saya untuk bertindak independen sebagaimana
                                                                diatur dalam ketentuan Otoritas Jasa Keuangan yang mengatur mengenai
                                                                pelaksanaan Good Corporate Governance (GCG) bagi Bank Umum.
                                                           2.   Apabila kemudian hari ditemukan bahwa saya memiliki hubungan sebagaimana
                                                                dimaksud pada angka 1 maka saya bersedia melepaskan jabatan Komisaris saya
                                                                dan bersedia untuk diganti.


                                                           Demikian pemyataan       independensi    saya,     yang   telah   saya   buat   dengan
                                                           sebenar-benamya.



                                                           Jakarta, 31 Mei 2023




                                                           (Retno Wahyuni Wijayanti)




                                                      Pernyataan Independensi - Johanes Kuntjoro Adisardjono
                                                     Statement of Independence - Johanes Kuntjoro Adisardjono




320 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen               Tata Kelola Perusahaan                 Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis              Good Corporate Governance              Sustainability Report                 Audited Financial Report




Direksi
Board of Directors

Direksi, mengacu pada POJK Penerapan Tata Kelola bagi Bank Umum               The Board of Directors, referring to POJK on Implementation of Governance
dan POJK No. 33/POJK.04/2014 tentang Direksi dan Dewan Komisaris              for Commercial Banks and POJK No. 33/POJK.04/2014 on the Board of
Emiten atau Perusahaan Publik, adalah organ Bank yang berwenang dan           Directors and Board of Commissioners of Issuers or Public Companies, is
bertanggung jawab penuh atas pengurusan Bank untuk kepentingan Bank,          an organ of the Bank that is authorized and fully responsible for the
sesuai dengan maksud dan tujuan Bank serta mewakili Bank, baik di dalam       management of the Bank for the interests of the Bank, in line with the
maupun di luar pengadilan sesuai dengan ketentuan anggaran dasar              objective and purpose of the Bank and represents the Bank, both inside
bagi Bank yang berbadan hukum perseroan terbatas. Sejalan dengan              and outside the court following the provisions of the articles of association
POJK tersebut, Bank Raya telah menetapkan beragam ketentuan terkait           for a Bank whose legal entity is a limited liability company. In line with such
Direksi yang diatur dalam Anggaran Dasar, Kebijakan Umum Penerapan            POJK, Bank Raya has stipulated various provisions related to the Board of
GCG, dan Pedoman Pelaksanaan Tata Kerja Direksi Bank Raya.                    Directors which are regulated in the Articles of Association, General Policy
                                                                              on GCG Implementation, and the Board of Directors Charter of Bank Raya.


Pedoman Pelaksanaan Tata Kerja Direksi
Board Charter of the Board of Directors

Bank Raya telah melakukan pembaruan atas Pedoman Pelaksanaan Tata             Bank Raya has updated the Guidelines for the Implementation of the Board
Kerja Direksi (selanjutnya disebut Piagam Direksi) yang diterbitkan melalui   of Directors' Work Procedures (hereinafter referred to as the Board of
Surat Edaran Direksi No. SE: B. 77/Dir.01.03/PCP/CSC/11/2025 tanggal          Directors Charter), issued under the Board of Directors’ Circular Letter No.
28 November 2025. Piagam Direksi ini disusun sebagai acuan bagi anggota       SE: B. 77/Dir.01.03/PCP/CSC/11/2025 dated November 28, 2025. This
Direksi bersama organ pendukungnya dalam melaksanakan fungsinya               Board of Directors Charter is prepared as a reference for members of the
serta sebagai dasar pelaksanaan Tata Kelola yang Baik berdasarkan             Board of Directors and their supporting organs in carrying out their functions
prinsip-prinsip GCG. Piagam Direksi ini menjabarkan tugas dan wewenang,       and as a basis for implementing Good Corporate Governance based on
kewajiban serta tanggung jawab dari jajaran Direksi Bank.                     GCG principles. This Board of Directors Charter outlines the duties and
                                                                              authorities, obligations, and responsibilities of the Bank's Board of Directors.

Ruang lingkup Piagam Direksi Bank Raya meliputi ketentuan umum;               The scope of Bank Raya’ Board of Directors Charter includes general
persyaratan Direksi; independensi Direktur Utama; direktur yang               provisions; requirements for the Board of Directors; independence of the
membawahkan fungsi kepatuhan; pengorganisasian dan pembidangan                President Director; director in charge of compliance function; organization
Direksi; pengaturan kewenangan dan prosedur keputusan Direksi; dan            and division of the Board of Directors; regulation of authority and decision-
Etika kerja Direksi.                                                          making procedures for the Board of Directors; and work ethics for the Board
                                                                              of Directors.


Etika Kerja Direksi
Board of Directors' Work Ethics

Mengacu pada Piagam Direksi Bank Raya, dalam melaksanakan tugas,              Referring to Bank Raya’s Board of Directors Charter, in carrying out the
wewenang, kewajiban, dan tanggung jawabnya, anggota Direksi Bank              duties, authorities, obligations, and responsibilities, members of the Bank's
senantiasa bertindak sesuai dengan etika kerja sebagai berikut:               Board of Directors always act in accordance with the following work ethics:
a. Mematuhi Anggaran Dasar Perusahaan dan peraturan perundang-                a. Complying with the Company's Articles of Association and applicable
    undangan yang berlaku serta wajib melaksanakan prinsip-prinsip                 laws and regulations and are required to implement the principles of
    profesionalisme, efisiensi, transparansi, kemandirian, akuntabilitas,          professionalism, efficiency, transparency, independence, accountability,
    pertanggungjawaban, serta kewajaran;                                           responsibility, and fairness;
b. Bertindak sesuai visi dan misi Bank;                                       b. Acting in accordance with the Bank's vision and mission;
c. Beritikad baik dan penuh kehati-hatian dalam pengelolaan Bank;             c. Acting in good faith and exercising due care in managing the Bank;
d. Dalam hal benturan kepentingan diatur sebagai berikut:                     d. In cases of conflicts of interest, the following are regulated:
    1. Menghindari aktivitas yang mengandung benturan kepentingan                  1. Avoiding activities that contain conflict of interest between personal
         antara kepentingan pribadi, keluarga, pemegang saham atau                      interests, family interests, shareholders' interests, or other parties'
         pihak lain dengan kepentingan Bank;                                            interests and the interests of the Bank;
    2. Dilarang mengambil keuntungan dan/atau menerima keuntungan                  2. It is prohibited to take advantage and/or receive personal benefits
         pribadi dari Perusahaan selain remunerasi dan fasilitas lain yang              from the Company other than remuneration and other facilities
         telah ditetapkan, sesuai ketentuan berlaku; dan                                stipulated in accordance with applicable regulations; and
    3. Apabila terdapat transaksi yang berpotensi mengandung benturan              3. If there is a transaction that has the potential to contain a conflict
         kepentingan, maka harus terlebih dahulu dilakukan tahapan                      of interest, steps must first be taken in accordance with applicable
         sesuai dengan peraturan perundang-undangan yang berlaku                        laws and regulations, such as regulations of the Capital Market
         seperti peraturan Badan Pengawas Pasar Modal dan Lembaga                       and Financial Institutions Supervisory Agency and the Financial
         Keuangan maupun peraturan Otoritas Jasa Keuangan;                              Services Authority.
e. Dilarang untuk memberikan atau menawarkan kepada nasabah atau              e. It is prohibited to provide or offer anything to a customer or a government
    seorang pejabat pemerintah dalam bentuk apapun dengan tujuan                   official in any form with the aim of influencing the decisions of the
    untuk mempengaruhi keputusan dari nasabah atau pejabat dimaksud                customer or official in question regarding the position, either directly
    terkait dengan jabatannya baik langsung maupun tidak langsung;                 or indirectly.
f.  Memberikan keteladanan atas perilaku etis dan nilai-nilai korporasi       f.   Providing exemplary ethical behavior and the Company's corporate
    Perusahaan.                                                                    values.




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        Ikhtisar Kinerja                       Laporan Manajemen                   Profil Perusahaan                    Tinjauan Pendukung Bisnis
        Performance Highlights                 Management Report                   Company Profile                      Overview of Business Support Units




Ketentuan Rangkap Jabatan
Provisions on Concurrent Positions

Anggaran Dasar dan Piagam Direksi Bank Raya menetapkan larangan              Bank Raya's Articles of Association and Board of Directors' Charter stipulate
bagi anggota Direksi untuk memangku jabatan rangkap sebagai anggota          prohibition for the Board of Directors’ members to hold concurrent positions
Direksi, anggota Dewan Komisaris, anggota Dewan Pengawas Syariah,            as the Board of Directors’ members, the Board of Commissioners’ members,
atau pejabat eksekutif pada Bank, perusahaan, dan/atau lembaga lain.         the Sharia Supervisory Board’s members, or executive officers at a Bank,
Anggota Direksi juga tidak diperbolehkan melakukan rangkap jabatan           corporation, and/or other institutions. The Board of Directors’ members are
pada bidang tugas fungsional pada lembaga keuangan bank dan/atau             also not permitted to hold concurrent positions in the functional field of
lembaga keuangan bukan bank yang berkedudukan di dalam maupun                duties at a banking financial institution and/or non-bank financial institution
di luar negeri. Terakhir, dilarang rangkap jabatan pada jabatan lain yang    domiciled in or outside the country. Lastly, it is prohibited to hold concurrent
dapat menimbulkan benturan kepentingan dalam pelaksanaan tugas               positions on other positions that may raise a conflict of interest in carrying
sebagai anggota Direksi; dan/atau pada jabatan lain sesuai dengan            out duties as the Board of Directors’ members; and/or other positions as
ketentuan peraturan perundang-undangan.                                      per the provisions of laws and regulations.



Aspek Transparansi Direksi
Transparency Aspect of the Board of Directors

Anggaran Dasar Bank Raya menetapkan ketentuan aspek transparansi             Bank Raya’s Articles of Association stipulate provisions on the Board of
Direksi dalam rangka peningkatan kualitas penerapan GCG di lingkungan        Directors’ transparency aspect in order to improve the quality of GCG
Bank ini. Dalam hal ini, anggota Direksi dilarang memanfaatkan Bank Raya     implementation within the Bank. In this case, the Board of Directors’ members
untuk kepentingan pribadi, keluarga, dan/atau pihak lain yang dapat          are prohibited from utilizing Bank Raya for personal, family, and/or other
merugikan atau mengurangi keuntungan Bank. Anggota Direksi juga              party’s interests that may harm or reduce the Bank's profits. The Board of
dilarang mengambil dan/atau menerima keuntungan pribadi dari Bank,           Directors’ members are also prohibited from taking and/or receiving personal
selain remunerasi dan fasilitas lain yang ditetapkan berdasarkan keputusan   benefits from the Bank, other than remuneration and other facilities
RUPS. Selanjutnya, anggota Direksi wajib mengungkapkan remunerasi            determined based on the GMS resolutions. Furthermore, the Board of
dan fasilitas lain sesuai dengan Peraturan Otoritas Jasa Keuangan mengenai   Directors’ members are required to disclose remuneration and other facilities
penerapan tata kelola dalam pemberian remunerasi bagi bank umum.             in line with the Financial Services Authority Regulation on the implementation
                                                                             of governance in providing remuneration for general banks.


Tugas dan Tanggung Jawab Direksi
Duties and Responsibilities of the Board of Directors

Direksi bertugas menjalankan segala tindakan yang berkaitan dan              The Board of Directors is tasked with carrying out all actions related to and
bertanggung jawab atas pengurusan Bank Raya untuk kepentingan Bank           responsible for the management of Bank Raya for the interests of the Bank
sesuai dengan maksud dan tujuan Bank serta mewakili Bank baik di dalam       in accordance with the Bank's purpose and objectives and representing
maupun di luar Pengadilan tentang segala hal dan segala kejadian dengan      the Bank both inside and outside the Court regarding all matters and all
pembatasan-pembatasan sebagaimana diatur dalam Peraturan Perundang-          events with limitations as stipulated in the Laws and Regulations, Articles
undangan, Anggaran Dasar dan/ atau Keputusan RUPS.                           of Association and/or GMS Resolutions.

Berpedoman pada Anggaran Dasar Bank Raya terakhir, dalam melaksanakan        Based on Bank Raya’s latest Articles of Association, in carrying out these
tugas tersebut, Direksi memiliki wewenang untuk menetapkan kebijakan         duties, the Board of Directors has the authority to determine policies deemed
yang dipandang tepat dalam kepengurusan Bank, mengatur penyerahaan           appropriate in managing the Bank, regulate the transfer of the Board of
kekuasaan Direksi untuk mewakili Bank di dalam dan di luar pengadilan        Directors' authority to represent the Bank in and out of court to one or several
kepada seorang atau beberapa orang yang khusus ditunjuk untuk itu            persons specifically appointed for that purpose including Bank employees,
termasuk pekerja Bank, baik sendiri-sendiri maupun bersama-sama atau         either individually or together or to other persons and/or bodies. The Board
kepada orang dan/atau badan lain. Direksi juga berwenang untuk mengatur      of Directors also has the authority to regulate provisions on Bank Raya
ketentuan tentang pekerja Bank Raya termasuk penetapan upah, pensiun         employees including the determination of wages, pensions or old age
atau jaminan hari tua dan penghasilan lain bagi pekerja Bank dengan          security and other income for Bank employees by taking into account
memperhatikan peraturan perundang-undangan yang berlaku dan kondisi          applicable laws and regulations and the Company's financial condition.
keuangan perusahaan.

Direksi Bank juga mempunyai wewenang mengangkat dan memberhentikan           The Bank's Board of Directors also has the authority to appoint and dismiss
karyawan/pekerja Bank berdasarkan peraturan ketenagakerjaan dan              Bank employees/workers in accordance with applicable labor laws and
peraturan perundang-undangan yang berlaku serta mengangkat dan               regulations and to appoint and dismiss the Corporate Secretary and the
memberhentikan Sekretaris Perusahaan dan Kepala Satuan Kerja Audit           Head of Internal Audit Unit subject to the Board of Commissioners’ approval.
Intern dengan persetujuan Dewan Komisaris. Selanjutnya, Direksi berwenang    Furthermore, the Board of Directors has the authority to write off bad debts
menghapusbukukan piutang macet dengan ketentuan sebagaimana                  under the provisions stipulated in the Articles of Association, which are then
diatur dalam Anggaran Dasar dan yang selanjutnya dilaporkan kepada           reported to the Board of Commissioners, to be further reported and accounted
Dewan Komisaris, untuk selanjutnya dilaporkan dan dipertanggungjawabkan      for in the Annual Report.
dalam Laporan Tahunan.

Direksi juga diberi kewenangan untuk tidak menagih lagi piutang bunga,       The Board of Directors is also given authority to no longer collect interest
denda, ongkos, dan piutang lainnya di luar pokok yang dilakukan dalam        receivables, fines, costs, and other receivables outside the principal that
rangka restrukturisasi dan/atau penyelesaian piutang serta perbuatan-        are carried out in the context of restructuring and/or settlement of receivables
perbuatan lain dalam rangka penyelesaian piutang Bank Raya, dengan           and other actions in the context of settling Bank Raya's receivables, with
kewajiban melaporkan kepada Dewan Komisaris yang ketentuan dan               the obligation to report to the Board of Commissioners under the provisions
tata cara pelaporannya ditetapkan oleh Dewan Komisaris.                      and reporting procedures determined by the Board of Commissioners.




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       Management Discussion and Analysis                 Good Corporate Governance                   Sustainability Report                 Audited Financial Report




Terakhir, kewenangan yang dimiliki oleh Direksi adalah melakukan segala              Finally, the authority held by the Board of Directors is to carry out all actions
tindakan dan perbuatan lainnya mengenai pengurusan maupun pemilikan                  and other actions regarding the management or ownership of the Bank's
kekayaan Bank, mengikat Bank Raya dengan pihak lain dan/atau pihak                   assets, bind Bank Raya with other parties and/or other parties with the
lain dengan Bank, serta mewakili Bank Raya di dalam dan di luar pengadilan           Bank, and represent Bank Raya in and out of court regarding all matters
tentang segala hal dan segala kejadian, dengan pembatasan-pembatasan                 and all events, with limitations as stipulated in laws and regulations, Articles
sebagaimana diatur dalam peraturan perundang-undangan, Anggaran                      of Association, and/or GMS Resolutions. In carrying out its duties, the Board
Dasar dan/atau Keputusan RUPS. Dalam menjalankan tugasnya, Direksi                   of Directors also has various obligations as stipulated in the Articles of
juga memiliki berbagai kewajiban sebagaimana yang diatur di dalam                    Association of Bank Raya.
Anggaran Dasar Bank Raya.



Komposisi Direksi
Composition of the Board of Directors [GRI 2-11]

POJK Penerapan Tata Kelola bagi Bank Umum menetapkan bahwa Bank                      POJK on the Implementation of Governance for Commercial Banks stipulates
wajib memiliki anggota Direksi dengan jumlah paling sedikit 3 (tiga) orang           that the Bank must have a Board of Directors with a minimum of 3(three)
dan seluruhnya berdomisili di Indonesia. Selain itu, mayoritas anggota               members, all of whom must be domiciled in Indonesia. Furthermore, the
Direksi wajib memiliki pengalaman paling sedikit 5 (lima) tahun di bidang            majority of the Board of Directors’ members must have at least 5 (five) years
operasional sebagai pejabat eksekutif bank. Komposisi Direksi Bank Raya              of operational experience as bank executive officers. Bank Raya's Board
telah memenuhi ketentuan tersebut yang berjumlah 5 (lima) orang yang                 of Directors composition complies with these requirements of 5 (five)
terdiri dari Direktur Utama, Direktur Keuangan, Direktur Manajemen Risiko,           members, consisting of the President Director, Director of Finance, Director
Kepatuhan dan Sumber Daya Manusia, Direktur Bisnis, dan Direktur Digital             of Enterprise Risk Management, Compliance and Human Resources, Director
dan Operasional.                                                                     of Business, and Director of Digital and Operations.

Tabel berikut ini menjelaskan komposisi Bank Raya termasuk didalamnya                The following table explains Bank Raya’s composition, including information
informasi terkait dasar pengangkatan, masa jabatan, dan periode jabatan              regarding the basis for appointment, term of office, and period of service
dari masing-masing anggota Direksi.                                                  of each member of the Board of Directors.


                                                                                                                                                           Periode
           Nama                   Jabatan                                  Dasar Pengangkatan                                     Masa Jabatan             Jabatan
 No.
           Name                   Position                                  Appointment Basis                                     Term of Office           Position
                                                                                                                                                            Period

 1     Ida Bagus       Direktur Utama                 Keputusan Rapat Umum Pemegang Saham Luar Biasa pada 29             25 Juni 2025 – RUPS 2028          Ke-2
       Ketut Subagia                                  September 2022 yang dikukuhkan dalam Akta No. 01 tanggal 03        29 September 2022 - RUPS 2025     Ke-1
                                                      Oktober 2022

                       President Director             Resolutions of the Extraordinary General Meeting of Shareholders   June 25, 2025 – 2028 GMS          2nd
                                                      on September 29, 2022, which was confirmed in Deed No. 01 dated    September 29, 2022 – 2025 GMS     1st
                                                      October 3, 2022
 2     Rustarti Suri   Direktur Keuangan              Keputusan Rapat Umum Pemegang Saham Tahunan pada 10 Mei            10 Mei 2023 - RUPS 2026           Ke-1
       Pertiwi                                        2023 yang dikukuhkan dalam Akta No.11 tanggal 16 Mei 2023

                       Director of Finance            Resolutions of the Annual General Meeting of Shareholders on May   May 10, 2023 - 2026 GMS           1st
                                                      10, 2023, confirmed in Deed No. 11 dated May 16, 2023
 3     Danar           Direktur Manajemen Risiko,     Keputusan Rapat Umum Pemegang Saham Tahunan pada 10 Mei            10 Mei 2023 - RUPS 2026           Ke-1
       Widyantoro      Kepatuhan dan Sumber Daya      2023 yang dikukuhkan dalam Akta No.11 tanggal 16 Mei 2023
                       Manusia

                       Director of Risk Management,   Resolutions of the Annual General Meeting of Shareholders on May   May 10, 2023 - 2026 GMS           1st
                       Compliance and Human           10, 2023, confirmed in Deed No. 11 dated May 16, 2023
                       Resources
 4     Kicky Andrie    Direktur Bisnis                Keputusan Rapat Umum Pemegang Saham Luar Biasa pada 30             30 April 2024 - RUPS 2027         Ke-1
       Davetra                                        April 2024 yang dikukuhkan dalam Akta No. 22 tanggal 30 April
                                                      2024

                       Director of Business           Resolutions of the Extraordinary General Meeting of Shareholders   April 30, 2024 - 2027 GMS         1st
                                                      on April 30, 2024, confirmed in Deed No. 22 dated April 30, 2024
 5     Lukman          Direktur Digital dan           Keputusan Rapat Umum Pemegang Saham Luar Biasa pada 30             30 April 2024 - RUPS 2027         Ke-1
       Hakim           Operasional                    April 2024 yang dikukuhkan dalam Akta No. 22 tanggal 30 April
                                                      2024

                       Director of Digital and        Resolutions of the Extraordinary General Meeting of Shareholders   April 30, 2024 - 2027 GMS         1st
                       Operations                     on April 30, 2024, confirmed in Deed No. 22 dated April 30, 2024




Penilaian Kelayakan dan Kepatutan Direksi
Board of Directors’ Fit and Proper Test

OJK melakukan penilaian kemampuan dan kepatutan bagi pihak utama                     OJK conducts fit and proper tests for main parties of financial services
lembaga jasa keuangan (LJK) termasuk di dalamnya Direksi sebagaimana                 institutions (LJK), including the Board of Directors, as regulated in POJK No.
yang diatur dalam POJK No. 27/POJK.03/2016. Sejalan dengan ketentuan                 27/POJK.03/2016. In line with these provisions, Bank Raya's Articles of
tersebut, Anggaran Dasar Bank Raya juga menetapkan bahwa Anggota                     Association also stipulate that the Board of Directors’ members must be
Direksi merupakan orang perseorangan yang memenuhi persyaratan dan                   individuals who meet the requirements and have received approval from
telah mendapatkan persetujuan dari Otoritas Jasa Keuangan.                           the Financial Services Authority.


                                                                                              Laporan Tahunan & Laporan Keberlanjutan
                                                                                                          Annual Report & Sustainability Report    2025 323
Page 324
         Ikhtisar Kinerja                                   Laporan Manajemen                            Profil Perusahaan                      Tinjauan Pendukung Bisnis
         Performance Highlights                             Management Report                            Company Profile                        Overview of Business Support Units




Sehubungan dengan hal tersebut, anggota Direksi Bank Raya yang menjabat                           In this regard, Bank Raya’s Board of Directors’ members serving until
hingga 31 Desember 2025 telah dinyatakan lulus uji kelayakan dan                                  December 31, 2025, have passed the fit and proper test conducted by OJK,
kepatutan yang telah dilakukan oleh OJK sebagaimana dijelaskan pada                               as described in the following table:
tabel berikut ini:


           Nama                         Jabatan                    Status & Periode Kelulusan                       Dasar Hukum Uji Kelayakan dan Kepatutan
 No
           Name                         Position                     Status & Period of Pass                             Legal Basis for Fit and Proper Test

 1     Ida Bagus         Direktur Utama                            Lulus, Desember 2022         Surat Keputusan Dewan Komisioner OJK No. KEP-85/PB.1/2022 tanggal 19 Desember 2022
       Ketut             President Director                        Pass, December 2022          Decree of OJK’ Board of Commissioners No. KEP-85/PB.1/2022 dated December 19, 2022
       Subagia
 2     Rustarti Suri     Direktur Keuangan                         Lulus, Mei 2023              Surat Keputusan Dewan Komisioner OJK No. KEPR-126/D.03/2023 tanggal 10 Oktober 2023
       Pertiwi           Director of Finance                       Pass, May 2023               Decree of OJK’ Board of Commissioners No. KEPR-126/D.03/2023 dated October 10, 2023
 3     Danar             Direktur Manajemen Risiko, Kepatuhan      Lulus, Juli 2023             Surat Keputusan Dewan Komisioner OJK No. No. KEPR-87/D.03/2023 tanggal 31 Juli 2023
       Widyantoro        dan Sumber Daya Manusia

                         Director of Enterprise Risk Management,   Pass, July 2023              Decree of OJK’ Board of Commissioners No. KEPR-87/D.03/2023 dated July 31, 2023
                         Compliance and Human Resources
 4     Kicky Andrie      Direktur Bisnis                           Lulus, Agustus 2024          Surat Keputusan Dewan Komisioner OJK No. KEPR-17/PB.02/2024 tanggal 15 Agustus 2024
       Davetra           Director of Business                      Pass, August 2024            Decree of OJK’ Board of Commissioners No. KEPR-17/PB.02/2024 dated August 15, 2024
 5     Lukman            Direktur Digital dan Operasional          Lulus, Agustus 2024          Surat Keputusan Dewan Komisioner OJK No. KEPR-16/PB.02/2024 tanggal 15 Agustus 2024
       Hakim             Director of Digital and Operations        Pass, August 2024            Decree of OJK’ Board of Commissioners No. KEPR-16/PB.02/2024 dated August 15, 2024




Pembagian Tugas dan Tanggung Jawab Direksi serta Nomenklatur Jabatan
Division of Duties and Responsibilities of the Board of Directors and Job Nomenclature

Berpedoman pada Anggaran Dasar Bank Raya yang mengatur pembidangan                                Guided by Bank Raya's Articles of Association, which regulate the division
tugas Direksi, Piagam Direksi menetapkan pembagian Direksi Bank sebagai                           of duties of the Board of Directors, the Board of Directors Charter determines
berikut:                                                                                          the division of the Bank's Board of Directors as follows:


      Nama                Jabatan                                                                  Tugas dan Tanggung Jawab
      Name                Position                                                                  Duties and Responsibilities

 Ida Bagus Ketut       Direktur Utama      1.      Melaksanakan prudential banking, agar dalam kegiatan Bank senantiasa berpedoman kepada ketentuan internal dan eksternal
 Subagia                                           tentang penerapan fungsi kepatuhan dan manajemen risiko;
                                           2.      Menyusun perencanaan dan konsep-konsep strategi pencapaian sasaran-sasaran bisnis sesuai dengan perencanaan anggaran
                                                   yang telah ditetapkan dalam rapat kerja tahunan serta melakukan evaluasi berkala atas pencapaian sasaran bisnis;
                                           3.      Meningkatkan kinerja Bank yang diperlihatkan oleh neraca dan income statement yang optimum dengan pencapaian tingkat
                                                   kesehatan bank kategori “sehat tanpa syarat” berdasarkan hasil pemeriksaan tahunan Otoritas Jasa Keuangan pada tahun yang
                                                   bersangkutan;
                                           4.      Meningkatkan kualitas sumber daya manusia melalui pendidikan dan latihan yang terstruktur sesuai dengan tingkat kebutuhan
                                                   setiap unit kerja yang ada di bawahnya;
                                           5.      Melakukan koordinasi dan memantau pelaksanaan satuan kerja dibawah supervisi Direktorat Utama;
                                           6.      Meningkatkan image pelayanan bank melalui penciptaan produk digital banking dan produk dana pihak ketiga (DPK);
                                           7.      Melaksanakan kegiatan identifikasi, perencanaan dan pelaksanaan strategi pengelolaan kegiatan Investor Relation;
                                           8.      Menetapkan kebijakan dan prosedur pengendalian internal dalam proses pelaporan keuangan Bank setelah mendapat persetujuan
                                                   dari Dewan Komisaris Bank;
                                           9.      Melaksanakan tugas lainnya sesuai dengan ketentuan yang berlaku.

                       President           1.      Implementing prudential banking practices to ensure that the Bank's activities are consistently guided by internal and external
                       Director                    regulations regarding the implementation of compliance and risk management functions;
                                           2.      Preparing plans and strategic concepts for achieving business targets in line with the budget plan set at the annual work meeting,
                                                   and conducting periodic evaluations of the business target achievements;
                                           3.      Improving the Bank's performance, as shown by the optimum balance sheet and income statement, by achieving a bank sound
                                                   level in the category of "sound without conditions" based on the results of annual audit by the Financial Services Authority in the
                                                   relevant year;
                                           4.      Improving the quality of human resources through structured education and training according to the needs of each work unit below;
                                           5.      Coordinating and monitoring the implementation of work units under the supervision of the Main Directorate;
                                           6.      Improving the image of banking services through the creation of digital banking products and third-party funds (DPK) products;
                                           7.      Identifying, planning, and implementing strategies for managing Investor Relations activities;
                                           8.      Determining internal control policies and procedures for the Bank's financial reporting process after obtaining approval from the
                                                   Bank's Board of Commissioners;
                                           9.      Carrying out other duties in accordance with applicable provisions.
 Rustarti Suri         Direktur            1.      Melaksanakan prudential banking, agar dalam kegiatan Bank senantiasa berpedoman kepada ketentuan internal dan eksternal
 Pertiwi               Keuangan                    tentang penerapan fungsi kepatuhan dan manajemen risiko;
                                           2.      Menyusun perencanaan dan konsep-konsep strategi pencapaian sasaran-sasaran kerja sesuai dengan perencanaan anggaran
                                                   Direktorat Keuangan yang telah ditetapkan dalam rapat kerja tahunan;
                                           3.      Menyusun perencanaan dan strategi pencapaian Bank sesuai dengan visi dan misi Bank;
                                           4.      Meningkatkan kontribusi finansial produk treasury;
                                           5.      Meningkatkan image pelayanan bank yang sesuai dengan standar layanan bank di Unit Kerja dan aktivitas produk treasury;
                                           6.      Meningkatkan tertib pencatatan keuangan agar selalu patuh kepada Pedoman Standar Akuntansi Keuangan (PSAK) yang berlaku;
                                           7.      Meningkatkan kualitas sumber daya manusia melalui pendidikan dan latihan yang terstruktur sesuai dengan tingkat kebutuhan
                                                   setiap unit kerja yang ada di bawahnya;
                                           8.      Mengkoordinasikan dan memantau pelaksanaan satuan kerja di bawah supervisi Direktorat Operasional dan Keuangan serta Asset
                                                   & Liability Committee (ALCO);
                                           9.      Melaksanakan tugas lainnya sesuai dengan ketentuan yang berlaku.




324 PT Bank Raya Indonesia Tbk
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     Analisis dan Pembahasan Manajemen                     Tata Kelola Perusahaan                         Laporan Keberlanjutan                  Laporan Keuangan Audit
     Management Discussion and Analysis                    Good Corporate Governance                      Sustainability Report                  Audited Financial Report




    Nama          Jabatan                                                                Tugas dan Tanggung Jawab
    Name          Position                                                                Duties and Responsibilities

               Director of        1.    Implementing prudential banking practices to ensure that the Bank's activities are consistently guided by internal and external
               Finance                  regulations regarding the implementation of compliance and risk management functions;
                                  2.    Preparing plans and strategic concepts for achieving work targets in line with the Finance Directorate's budget plan set at the annual
                                        work meeting;
                                  3.    Preparing plans and strategies to achieve Bank’s goals in accordance with the Bank's vision and mission;
                                  4.    Increasing the financial contribution of treasury products;
                                  5.    Improving the image of bank services in accordance with bank service standards in Work Units and treasury product activities;
                                  6.    Improving orderly financial recording to ensure compliance with applicable Financial Accounting Standards Guidelines (PSAK);
                                  7.    Improving the quality of human resources through structured education and training according to the needs of each work unit below;
                                  8.    Coordinating and monitoring the implementation of work units under the supervision of the Operations and Finance Directorate and
                                        the Asset & Liability Committee (ALCO);
                                  9.    Carrying out other duties in accordance with applicable regulations.
Danar          Direktur           1.    Melaksanakan prudential banking, agar dalam kegiatan Bank senantiasa berpedoman kepada ketentuan internal dan eksternal
Widyantoro     Manajemen                tentang penerapan fungsi kepatuhan dan manajemen risiko;
               Risiko,            2.    Menyusun perencanaan dan konsep-konsep strategi pencapaian sasaran-sasaran kerja sesuai dengan perencanaan anggaran
               Kepatuhan                Direktorat Manajemen Risiko, Kepatuhan dan Sumber Daya Manusia
               dan Sumber         3.    Merumuskan strategi guna mendorong terciptanya Budaya Kepatuhan Bank;
               Daya Manusia       4.    Mengusulkan kebijakan kepatuhan atau prinsip-prinsip kepatuhan yang akan ditetapkan oleh Direksi;
                                  5.    Menetapkan sistem dan prosedur kepatuhan yang digunakan untuk menyusun ketentuan dan pedoman internal Bank;
                                  6.    Memastikan bahwa seluruh kebijakan, ketentuan, sistem, dan prosedur, serta kegiatan usaha yang dilakukan Bank telah sesuai
                                        dengan ketentuan Otoritas Jasa Keuangan dan ketentuan peraturan perundang-undangan berlaku;
                                  7.    Meminimalkan Risiko Kepatuhan Bank;
                                  8.    Melakukan tindakan pencegahan agar kebijakan dan/atau keputusan yang diambil Direksi Bank tidak menyimpang dari ketentuan
                                        Otoritas Jasa Keuangan dan ketentuan peraturan perundang-undangan;
                                  9.    Melakukan tugas lain yang terkait dengan fungsi kepatuhan, antara lain memantau dan menjaga kepatuhan Bank terhadap
                                        komitmen yang dibuat oleh Bank kepada Otoritas Jasa Keuangan maupun otoritas pengawas lainnya yang berwenang;
                                  10.   Dalam rangka penerapan Program Anti Pencucian Uang (APU) dan Pencegahan Pendanaan Terorisme (PPT), Direktur Kepatuhan
                                        memiliki tugas dan tanggung jawab sekurang-kurangnya untuk:
                                        a.    Memastikan Bank memiliki dan menetapkan kebijakan dan prosedur penerapan APU dan PPT yang bersifat teknis dan strategis;
                                        b.    Mengusulkan kebijakan dan prosedur tertulis yang bersifat strategis mengenai penerapan program APU dan PPT kepada
                                              Dewan Komisaris;
                                        c.    Memastikan penerapan program APU dan PPT dilaksanakan sesuai dengan kebijakan dan prosedur tertulis yang telah
                                              ditetapkan;
                                        d.    Membentuk unit kerja khusus dan/atau menunjuk pejabat yang bertanggung jawab terhadap penerapan APU dan PPT;
                                        e.    Melakukan pengawasan atas kepatuhan unit kerja dalam menerapkan program APU dan PPT;
                                        f.    Memastikan bahwa kebijakan dan prosedur tertulis mengenai penerapan program APU dan PPT sejalan dengan perubahan
                                              dan pengembangan produk, jasa, dan teknologi di sektor jasa keuangan serta sesuai dengan perkembangan modus pencucian
                                              uang dan/atau pendanaan terorisme;
                                        g.    Memastikan bahwa seluruh pegawai, khususnya pegawai dari satuan kerja terkait dan pegawai baru, telah mengikuti pelatihan
                                              yang berkaitan dengan penerapan program APU dan PPT secara berskala.
                                  11.   Menyusun kebijakan dan strategi Manajemen Risiko secara tertulis & komprehensif
                                  12.   Bertanggung jawab atas pelaksanaan kebijakan manajemen risiko dan eksposur risiko yang diambil oleh Bank secara keseluruhan.
                                  13.   Mengembangkan budaya manajemen risiko pada seluruh jenjang organisasi.
                                  14.   Memastikan bahwa fungsi manajemen risiko telah beroperasi secara independen.
                                  15.   Melaksanakan kaji ulang secara berkala untuk memastikan:
                                        a.    Keakuratan metodologi penilaian Risiko;
                                        b.    Kecukupan implementasi sistem informasi Manajemen Risiko;
                                        c.    Ketepatan kebijakan dan prosedur manajemen risiko serta penetapan limit risiko;
                                  16.   Meningkatkan kualitas sumber daya manusia yang profesional dan berintegritas dengan implementasi budaya kerja Bank;
                                  17.   Pengelolaan Sumber Daya Manusia Bank yang sesuai dengan rencana pengembangan bisnis.
                                  18.   Menyusun strategi pengelolaan kebijakan dan prosedur internal perusahaan dan memastikan seluruh kebijakan dan prosedur
                                        mendukung kepatuhan terhadap regulasi eksternal dan internal.
                                  19.   Wajib melaporkan pelaksanaan tugas dan tanggung jawabnya kepada Direktur Utama dengan tembusan kepada Dewan Komisaris,
                                        paling sedikit secara triwulanan;
                                  20.   Melakukan koordinasi dan memantau pelaksanaan satuan kerja dibawah supervisi Direktorat Manajemen Risiko, Kepatuhan, dan
                                        Sumber Daya Manusia.
                                  21.   Menyampaikan laporan kepada Otoritas Jasa Keuangan (OJK) tentang pelaksanaan tugas dan tanggung jawabnya.
                                  22.   Memastikan peningkatan kompetensi sumber daya manusia yang terkait manajemen risiko.
                                  23.   Melaksanakan tugas lainnya sesuai dengan ketentuan yang berlaku;

               Director of Risk   1.    Implementing prudential banking practices to ensure that the Bank's activities are consistently guided by internal and external
               Management,              regulations regarding the implementation of compliance and risk management functions;
               Compliance         2.    Preparing plans and strategic concepts for achieving work targets in accordance with the budget planning of the Directorate of
               and Human                Enterprise Risk Management, Compliance, and Human Resources.
               Resources          3.    Formulating strategies to encourage the creation of a Bank Compliance Culture;
                                  4.    Proposing compliance policies or compliance principles to be established by the Board of Directors;
                                  5.    Establishing compliance systems and procedures used for preparing the Bank's internal provisions and guidelines;
                                  6.    Ensuring that all policies, regulations, systems, and procedures, as well as business activities carried out by the Bank in accordance
                                        with the provisions of the Financial Services Authority and applicable laws and regulations;
                                  7.    Minimizing the Bank's Compliance Risk;
                                  8.    Taking preventive measures to ensure that policies and/or decisions taken by the Bank's Board of Directors do not deviate from the
                                        provisions of the Financial Services Authority and applicable laws and regulations;
                                  9.    Carrying out other tasks related to the compliance function, including monitoring and maintaining the Bank's compliance with
                                        commitments made by the Bank to the Financial Services Authority and other authorized supervisory authorities;
                                  10.   In the context of implementing the Anti-Money Laundering (AML) and Counter-Terrorism Financing (CFT) Program, the Compliance Director
                                        has at least the following duties and responsibilities:
                                        a.    Ensuring that the Bank has and establishes technical and strategic AML and CFT implementation policies and procedures;
                                        b.    Proposing written strategic policies and procedures regarding the implementation of AML and CFT program to the Board of
                                              Commissioners;
                                        c.    Ensuring that AML and CFT program is carried out in accordance with established written policies and procedures;
                                        d.    Forming a special work unit and/or appointing officials responsible for the implementation of AML and CFT;
                                        e.    Conducting supervision of the work unit compliance in implementing AML and CFT program;
                                        f.    Ensuring that written policies and procedures regarding the implementation of AML and CFT program are in line with changes
                                              and developments in products, services, and technology in the financial services sector and in accordance with developments
                                              in money laundering and/or terrorism financing methods;




                                                                                                 Laporan Tahunan & Laporan Keberlanjutan
                                                                                                              Annual Report & Sustainability Report     2025 325
Page 326
       Ikhtisar Kinerja                            Laporan Manajemen                             Profil Perusahaan                        Tinjauan Pendukung Bisnis
       Performance Highlights                      Management Report                             Company Profile                          Overview of Business Support Units




    Nama            Jabatan                                                                Tugas dan Tanggung Jawab
    Name            Position                                                                Duties and Responsibilities

                                         g.     Ensuring that all employees, particularly those from relevant work units and new employees, have participated in training related
                                                to the implementation of AML and CFT program on a large scale.
                                   11.   Preparing written and comprehensive Risk Management policies and strategies.
                                   12.   Being responsible for the implementation of risk management policies and risk exposures taken by the Bank as a whole.
                                   13.   Developing a risk management culture at all levels of the organization.
                                   14.   Ensuring that the risk management function operates independently.
                                   15.   Carrying out regular reviews to ensure:
                                         a.     Accuracy of the risk assessment methodology;
                                         b.     Adequacy of the implementation of Risk Management information system;
                                         c.     Accuracy of risk management policies and procedures and determination of risk limits;
                                   16.   Improving the quality of professional and high-integrity human resources by implementing the Bank's work culture;
                                   17.   Managing the Bank's Human Resources in line with the business development plan.
                                   18.   Preparing a strategy for managing the company's internal policies and procedures and ensuring that all policies and procedures
                                         support compliance with external and internal regulations.
                                   19.   It is mandatory to report the implementation of duties and responsibilities to the President Director, with a copy to the Board of
                                         Commissioners, at least quarterly.
                                   20.   Coordinating and monitoring the implementation of work units under the supervision of the Directorate of Enterprise Risk Management,
                                         Compliance, and Human Resources.
                                   21.   Submitting reports to the Financial Services Authority (OJK) on the implementation of duties and responsibilities.
                                   22.   Ensuring the human resource competency development related to risk management.
                                   23.   Carrying out other duties in accordance with applicable regulations.
Kicky Andrie     Direktur Bisnis   1.    Melaksanakan prudential banking agar dalam kegiatan bank senantiasa berpedoman ketentuan internal dan eksternal tentang
Davetra                                  penerapan fungsi kepatuhan dan manajemen risiko;
                                   2.    Menyusun perencanaan dan konsep-konsep strategi pencapaian sasaran-sasaran kerja sesuai dengan perencanaan anggaran
                                         Direktorat Bisnis yang telah ditetapkan dalam rapat kerja tahunan;
                                   3.    Meningkatkan image Bank melalui penciptaan strategi pemasaran yang inovatif, efektif, dan efisien serta menentukan segmentasi
                                         pasar kredit;
                                   4.    Meningkatkan hubungan baik dengan nasabah utama (Captive) dan menciptakan nasabah baru (menambah customer base);
                                   5.    Menjaga dan meningkatkan hubungan baik dengan Lembaga-lembaga yang berkaitan erat dengan kredit dan pendanaan;
                                   6.    Meningkatkan pembinaan dan penyelesaian atas kredit-kredit bermasalah agar tingkat kesehatan Bank tetap terjaga;
                                   7.    Menyusun strategi penjualan mellaui kemitraan strategis untuk memperluas akuisisi nasabah dan meningkatkan pendapatan;
                                   8.    Mengarahkan strategi marketing communication untuk memperkuat product branding, meningkatkan awareness, dan mendorong
                                         pertumbuhan portofolio produk;
                                   9.    Menyusun target dan strategi Community Branch dan Regional yang selaras dengan rencana bisnis perusahaan serta memastikan
                                         kinerja jaringan Community Branch dalam pencapaian target bisnis, kepatuhan, serta kualitas layanan nasabah.
                                   10.   Mengarahkan pengembangan produk simpanan, pinjaman, layanan transaksi, dan produk digital agar relevan dengan kebutuhan
                                         pasar dan target Bank.
                                   11.   Mengarahkan dan melakukan koordinasi kegiatan analisis risiko kredit legacy dan digital dalam upaya pengembangan bisnis yang
                                         memenuhi kriteria risiko yang dapat diterima di Bank;
                                   12.   Menjaga kualitas portofolio kredit eksisting serta mengarahkan pengembangan bisnis baru melalui pendekatan berbasis value
                                         chain.
                                   13.   Meningkatkan kualitas sumber daya manusia melalui pendidikan dan latihan yang terstruktur sesuai dengan tingkat kebutuhan
                                         setiap unit kerja yang ada di bawahnya;
                                   14.   Mengkoordinasi dan memantau pelaksanaan satuan kerja di bawah supervisi Direktorat Bisnis serta Komite Kredit;
                                   15.   Melaksanakan tugas lainnya sesuai dengan ketentuan yang berlaku

                 Director of       1.    Implementing prudential banking practices to ensure that the Bank's activities are consistently guided by internal and external
                 Business                regulations regarding the implementation of compliance and risk management functions;
                                   2.    Preparing plans and strategic concepts to achieve work targets in line with the Directorate of Business' budget plan set at the annual
                                         work meeting;
                                   3.    Improving the Bank's image by creating innovative, effective, and efficient marketing strategies and determining credit market
                                         segmentation;
                                   4.    Improving good relationships with main customers (captive) and creating new customers (increasing the customer base);
                                   5.    Maintaining and improving good relationships with institutions closely related to credit and funding;
                                   6.    Improving guidance and settlement of non-performing loans to maintain the Bank's soundness level;
                                   7.    Preparing sales strategies through strategic partnerships to expand customer acquisition and increase revenue;
                                   8.    Directing marketing communication strategies to strengthen product branding, increase awareness, and encourage product portfolio
                                         growth;
                                   9.    Preparing Community Branch and Regional targets and strategies aligned with the company's business plan and ensuring the
                                         performance of Community Branch network in achieving business targets, compliance, and customer service quality.
                                   10.   Directing the development of savings, loan, transaction services, and digital products to ensure relevance to market needs and the
                                         Bank's targets.
                                   11.   Directing and coordinating legacy and digital credit risk analysis activities in an effort to develop businesses that meet the Bank's
                                         acceptable risk criteria;
                                   12.   Maintaining the quality of the existing credit portfolio and directing the development of new businesses through a value chain-based
                                         approach.
                                   13.   Improving the quality of human resources through structured education and training according to the level of needs of each work
                                         unit below;
                                   14.   Coordinating and monitoring the implementation of work units under the supervision of the Directorate of Business and the Credit
                                         Committee;
                                   15.   Carrying out other duties in accordance with applicable regulations.




326 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                          Tata Kelola Perusahaan                            Laporan Keberlanjutan                     Laporan Keuangan Audit
       Management Discussion and Analysis                         Good Corporate Governance                         Sustainability Report                     Audited Financial Report




      Nama              Jabatan                                                                   Tugas dan Tanggung Jawab
      Name              Position                                                                   Duties and Responsibilities

 Lukman Hakim       Direktur Digital     1.    Melaksanakan prudential banking agar dalam kegiatan bank senantiasa berpedoman ketentuan internal dan eksternal tentang
                    dan Operasional            penerapan fungsi kepatuhan dan manajemen risiko;
                                         2.    Menyusun perencanaan dan konsep-konsep strategi pencapaian sasaran-sasaran kerja sesuai dengan perencanaan anggaran
                                               Direktorat Digital & Operasional yang telah ditetapkan dalam rapat kerja tahunan;
                                         3.    Meningkatkan hubungan baik dengan nasabah utama (captive) dan menciptakan nasabah baru (menambah customer base);
                                         4.    Mengarahkan penyusunan strategi pengembangan Teknologi Informasi Bank.
                                         5.    Menyusun strategi pengembangan dan pengelolaan Aplikasi Digital Bank Raya agar sesuai dengan kebutuhan Bank.
                                         6.    Meningkatkan image layanan Bank dan Customer Excellence yang sesuai dengan standar layanan Operasional.
                                         7.    Menyusun strategi pengelolaan layanan pelanggan berbasis digital yang terintegrasi dan berorientasi pada kepuasan Nasabah.
                                         8.    Menyusun strategi pengelolaan data perusahaan yang mencakup tata kelola, kualitas, integrasi, keamanan, dan pemanfaatan
                                               data untuk pengambilan keputusan strategis.
                                         9.    Meningkatkan kualitas sumber daya manusia melalui pendidikan dan latihan yang terstruktur sesuai dengan tingkat kebutuhan
                                               setiap unit kerja yang ada di bawahnya.
                                         10.   Mengarahkan penyusunan dan implementasi kebijakan operasional kredit yang efektif, adaptif terhadap regulasi, serta mendukung
                                               pertumbuhan bisnis.
                                         11.   Mengkoordinasi dan memantau pelaksanaan satuan kerja di bawah supervisi Direktorat Digital & Operasional serta Komite Kredit.
                                         12.   Melaksanakan tugas lainnya sesuai dengan ketentuan yang berlaku.

                    Director of          1.    Implementing prudential banking practices to ensure that the Bank's activities are consistently guided by internal and external
                    Digital and                regulations regarding the implementation of compliance and risk management functions;
                    Operations           2.    Preparing plans and strategic concepts to achieve work targets in line with the Digital & Operations Directorate's budget plan set at
                                               the annual work meeting;
                                         3.    Improving good relations with primary customers (Captive) and creating new customers (increasing customer base);
                                         4.    Directing the preparation of the Bank's Information Technology development strategy.
                                         5.    Preparing strategies for the development and management of Bank Raya's Digital Applications to align with the Bank's needs.
                                         6.    Improving the Bank's service image and Customer Excellence in accordance with Operational service standards.
                                         7.    Preparing strategies for managing integrated digital-based customer service that is oriented towards customer satisfaction.
                                         8.    Preparing a corporate data management strategy that encompasses governance, quality, integration, security, and data utilization
                                               for strategic decision-making.
                                         9.    Improving the quality of human resources through structured education and training according to the level of needs of each work unit below.
                                         10.   Directing the preparation and implementation of effective credit operational policies that are adaptive to regulations and support
                                               business growth.
                                         11.   Coordinating and monitoring the implementation of work units under the supervision of the Digital & Operations Directorate and the
                                               Credit Committee.
                                         12.   Carrying out other duties in accordance with applicable regulations.




Sertifikasi Anggota Direksi
Certification of Board of Directors’ Members

POJK Penerapan Tata Kelola bagi Bank Umum mensyaratkan anggota                                   POJK on the Implementation of Governance for Commercial Banks requires
Direksi yang telah memperoleh persetujuan OJK memiliki kompetensi                                that the Board of Directors’ members who have obtained OJK approval
selama menjabat disamping aspek integritas dan reputasi yang baik. Oleh                          possess competency during their tenure, in addition to integrity and a good
karena itu, Bank Raya memberikan dukungan kepada setiap anggota                                  reputation. Therefore, Bank Raya supports each member of the Board of
Direksi untuk memiliki sertifikasi sebagaimana yang dipersyaratkan oleh                          Directors in obtaining certification as required by the regulator. This certification
regulator. Sertifikasi tersebut berperan penting untuk mendukung pelaksanaan                     plays a crucial role in supporting Bank Raya's management, as described
pengelolaan Bank Raya sebagaimana dijelaskan pada tabel berikut ini.                             in the following table.


              Nama                                Jabatan                                                    Jenis Sertifikasi                                         Periode Perolehan
 No
              Name                                Position                                                 Types of Certification                                      Certification Period

 1    Ida Bagus Ketut              Direktur Utama                             Sertifikasi Kualifikasi 7 Bidang Manajemen Risiko Perbankan                          September 2024
      Subagia                      President Director                         Qualified Certification in 7 Areas of Banking Risk Management                        September 2024
 2    Rustarti Suri Pertiwi        Direktur Keuangan                          •     Sertifikasi Kualifikasi 7 Bidang Manajemen Risiko Perbankan                    •      September 2024
                                                                              •     Sertifikasi Tresuri Jenjang 7                                                  •      September 2024

                                   Director of Finance                        •     Qualified Certification in 7 Areas of Banking Risk Management                  •      September 2024
                                                                              •     Treasury Certification Level 7                                                 •      September 2024
 3    Danar Widyantoro             Direktur Manajemen Risiko, Kepatuhan       Sertifikasi Kualifikasi 7 Bidang Manajemen Risiko Perbankan                          Maret 2024
                                   dan Sumber Daya Manusia

                                   Director of Enterprise Risk Management,    Qualified Certification in 7 Areas of Banking Risk Management                        March 2024
                                   Compliance, and Human Resources
 4    Kicky Andrie Davetra         Direktur Bisnis                            Sertifikasi Kualifikasi 7 Bidang Manajemen Risiko Perbankan                          Juni 2024
                                   Director of Business                       Qualified Certification in 7 Areas of Banking Risk Management                        June 2024
 5    Lukman Hakim                 Direktur Digital dan Operasional           •     Sertifikasi Sistem Pembayaran dan Pengelolaan Uang Rupiah (SPPUR)              •      Februari 2025
                                   Director of Digital and Operations               Jenjang 6: Penukaran Valuta Asing & Pembawaan Uang Kertas Asing
                                                                              •     Sertifikasi Sistem Pembayaran dan Pengelolaan Uang Rupiah (SPPUR)              •      Januari 2025
                                                                                    Jenjang 6: Pengelolaan Transfer Dana bagi Bank
                                                                              •     Sertifikasi Sistem Pembayaran dan Pengelolaan Uang Rupiah (SPPUR)              •      Januari 2025
                                                                                    Jenjang 6: Pengelolaan Uang Tunai
                                                                              •     Sertifikasi Kualifikasi 7 Bidang Manajemen Risiko Perbankan                    •      Juni 2024

                                                                              •     SPPUR Certification Level 6: Foreign Exchange and Carrying Foreign Banknotes   •      February 2025
                                                                              •     SPPUR Certification Level 6: Fund Transfer Management for Banks                •      January 2025
                                                                              •     SPPUR Certification Level 6: Cash Management                                   •      January 2025
                                                                              •     Qualified Certification in 7 Areas of Banking Risk Management                  •      June 2024




                                                                                                          Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                        Annual Report & Sustainability Report          2025 327
Page 328
         Ikhtisar Kinerja                            Laporan Manajemen                      Profil Perusahaan                     Tinjauan Pendukung Bisnis
         Performance Highlights                      Management Report                      Company Profile                       Overview of Business Support Units




Jenis Keputusan yang Memerlukan Persetujuan Direksi
Types of Decisions Requiring Board of Directors' Approval

Sebagaimana yang ditetapkan dalam Anggaran Dasar, Direksi Bank Raya                   As stipulated in the Articles of Association, Bank Raya’s Board of Directors,
dalam menjalankan fungsi pengelolaan Bank harus memberikan persetujuan                in carrying out its management functions, must provide approval for important
atas dokumen penting yakni Rencana Jangka Panjang, Rencana Bisnis,                    documents, such as the Long-Term Plan, Business Plan, Work Plan and
Rencana Kerja dan Anggaran Perusahaan dan perubahannya, Laporan                       Budget and its amendments, Annual Report, Financial Statements based
Tahunan, Laporan Keuangan berdasarkan Standar Akuntansi Keuangan,                     on Financial Accounting Standards, Organizational Structure, Bank Strategic
Struktur Organisasi, Kebijakan Strategis Bank, dan pengambilan keputusan              Policy, and other decisions-making related to the Company's management
lainnya yang terkait dengan fungsi pengelolaan Perusahaan.                            functions.



Rapat Direksi
Board of Directors’ Meeting

Rapat Direksi dapat dilakukan setiap waktu apabila dipandang perlu oleh               A Board of Directors’ meeting may be held at any time if deemed necessary
seorang atau lebih anggota Direksi dan atas permintaan tertulis dari seorang          by one or more members of the Board of Directors and upon written request
atau lebih anggota Dewan Komisaris. Rapat Direksi, sebagaimana diatur                 from one or more members of the Board of Commissioners. The Board of
dalam Anggaran Dasar, diselenggarakan paling kurang 1 (satu) kali setiap              Directors’ meeting, as stipulated in the Articles of Association, is held at least
bulan dimana panggilan Rapat Direksi harus dilakukan oleh anggota                     1 (one) time every month where the notice for Board of Directors’ meeting
Direksi yang berhak mewakili Direksi.                                                 must be made by a member of the Board of Directors who is entitled to
                                                                                      represent the Board of Directors.

Panggilan Rapat Direksi tersebut harus disampaikan dengan surat tercatat              The notice for the Board of Directors’ meeting must be delivered by registered
atau dengan surat yang disampaikan langsung kepada setiap anggota                     mail or directly in person to each member of the Board of Directors, with a
Direksi dengan mendapat tanda terima paling lambat 5 (lima) hari sebelum              receipt no later than 5 (five) days before the meeting held, excluding the
rapat diadakan, dengan tidak memperhitungkan tanggal panggilan dan                    date of the notice and the meeting date, except for stating the agenda,
tanggal rapat selain mencantumkan acara, tanggal, waktu dan tempat                    date, time, and venue of the meeting. Other provisions related to the Board
rapat. Ketentuan lain terkait Rapat Direksi diatur dalam Anggaran Dasar               of Directors’ meeting are regulated in the Bank's Articles of Association.
Bank.

Rapat Direksi adalah sah dan berhak mengambil keputusan yang mengikat                 The Board of Directors’ meeting is valid and has the right to make binding
apabila dihadiri dan/atau diwakili oleh lebih dari 1/2 (satu per dua) jumlah          decisions if attended and/or represented by more than 1/2 (one-half) of
anggota Direksi. Dalam hal terdapat lebih dari satu usulan, maka dilakukan            the total number of the Board of Directors’ members. In the event that there
pemilihan ulang sehingga salah satu usulan memperoleh suara lebih dari                is more than one proposal, a re-election shall be held so that one of the
1/2 (satu per dua) bagian dari jumlah suara yang dikeluarkan. Dalam                   proposals obtains more than 1/2 (one-half) of the total votes cast. In a
Rapat Direksi, setiap anggota Direksi berhak mengeluarkan 1 (satu) suara              Board of Directors’ meeting, each member of the Board of Directors has
dan tambahan 1 (satu) suara untuk setiap anggota Direksi lain yang                    the right to cast 1 (one) vote and an additional 1 (one) vote for each other
diwakilinya dengan sah dalam rapat tersebut.                                          member of the Board of Directors legally represented at the meeting.

Adapun tingkat kehadiran masing-masing anggota Direksi dalam rapat                    The attendance level of each member of the Board of Directors at the
internal Direksi, RUPST, dan RUPSLB Tahun 2025 adalah sebagai berikut:                Board of Directors’ internal meetings, the AGMS, and the EGMS in 2025 is
                                                                                      as follows:


                                                                                                  Rapat Internal                      RUPST 2025       RUPSLB 2025*
                                                                                                 Internal Meeting                     2025 AGMS         2025 EGMS
             Nama                                   Jabatan
                                                                                                                      Tingkat
             Name                                   Position                      Jumlah Rapat
                                                                                                   Kehadiran        Kehadiran         Kehadiran         Kehadiran
                                                                                   Number of
                                                                                                   Attendance       Attendance        Attendance        Attendance
                                                                                    Meetings
                                                                                                                       Level

 Ida Bagus Ketut Subagia     Direktur Utama                                            58               58              100%             Hadir              NA
                             President Director                                                                                         Present
 Rustarti Suri Pertiwi       Direktur Keuangan                                         58               55               95%             Hadir              NA
                             Director of Finance                                                                                        Present
 Danar Widyantoro            Direktur Manajemen Risiko, Kepatuhan dan Sumber           58               56               97%             Hadir              NA
                             Daya Manusia

                             Director of Enterprise Risk Management, Compliance                                                         Present
                             and Human Resources
 Kicky Andrie Davetra        Direktur Bisnis                                           58               57               98%             Hadir              NA
                             Director of Business                                                                                       Present
 Lukman Hakim                Direktur Digital dan Operasional                          58               53               91%             Hadir              NA
                             Director of Digital and Operations                                                                         Present

 * Bank Raya tidak menyelenggarakan RUPSLB selama tahun 2025 | Bank Raya did not hold an EGMS during 2025




328 PT Bank Raya Indonesia Tbk
Page 329
       Analisis dan Pembahasan Manajemen                  Tata Kelola Perusahaan                        Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis                 Good Corporate Governance                     Sustainability Report                 Audited Financial Report




Risalah Rapat Direksi                                                                    Minutes of Board of Directors’ Meetings
Anggaran Dasar dan Piagam Direksi Bank Raya menetapkan bahwa hasil                       Bank Raya's Articles of Association and Board of Directors Charter stipulate
Rapat Direksi dituangkan dalam Risalah Rapat. Risalah Rapat tersebut                     that the results of Board of Directors’ Meetings are set out in Minutes of
dibuat oleh seorang yang hadir dalam rapat yang ditunjuk oleh Ketua                      Meetings. These minutes are prepared by a person present at the meeting
Rapat serta kemudian ditandatangani oleh seluruh anggota Direksi yang                    appointed by the Chairperson of Meeting, signed by all members of the
hadir dan disampaikan kepada seluruh anggota Direksi. Selanjutnya, risalah               Board of Directors present, and distributed to all members of the Board of
Rapat tersebut didokumentasikan oleh Bank Raya karena merupakan                          Directors. Furthermore, the minutes of meetings are documented by Bank
bukti yang sah untuk para anggota Direksi dan untuk pihak ketiga mengenai                Raya as they are valid evidence for the members of the Board of Directors
keputusan yang diambil dalam Rapat yang bersangkutan.                                    and third parties regarding the decisions taken in the relevant Meeting.

Implementasi atas pengelolaan risalah rapat Direksi yang diselenggarakan                 The management of minutes of Board of Directors’ meetings held during
selama tahun buku 2025 adalah sebgai berikut:                                            the 2025 fiscal year is as follows:


                Tanggal                                           Agenda                                          No. Risalah Rapat                   Peserta
  No
                 Date                                             Agenda                                        Minutes of Meeting No.               Participant

 1      3 Januari 2025           Laporan Keuangan Desember 2024                                               01/RDSI/01/2025               Direksi
                                                                                                                                            Divisi Pemateri
                                                                                                                                            Divisi Terkait

        January 3, 2025          Financial Statements December 2024                                                                         Board of Directors
                                                                                                                                            Presenting Division
                                                                                                                                            Related Divisions
 2      6 Januari 2025           Lesson Learned & Mitigasi Insiden IT                                         02/RDSI/01/2025               Direksi
                                                                                                                                            Divisi Pemateri
                                                                                                                                            Divisi Terkait

        January 6, 2025          Lessons Learned & Mitigation of IT Incident                                                                Board of Directors
                                                                                                                                            Presenting Division
                                                                                                                                            Related Divisions
 3      13 Januari 2025          •    Penentuan Tanggal RUPS dan Mata Acara Rapat                             03/RDSI/01/2025               Direksi
                                 •    Update Rakernas                                                                                       Divisi Pemateri
                                 •    Update KPI Unit Kerja                                                                                 Divisi Terkait

        January 13, 2025         •    Determination of GMS Date and Meeting Agenda                                                          Board of Directors
                                 •    National Working Meeting Update                                                                       Presenting Division
                                 •    Work Unit KPI Update                                                                                  Related Divisions
 4      23 Januari 2025          •    CKPN Individual                                                         04/RDSI/01/2025               Direksi
                                 •    Prognoa Januari 2025                                                                                  Divisi Pemateri
                                                                                                                                            Divisi Terkait

        January 23, 2025         •    Individual Allowance for Impairment Losses                                                            Board of Directors
                                 •    Prognosis January 2025                                                                                Presenting Division
                                                                                                                                            Related Divisions
 5      4 Februari 2025          Laporan Keuangan Januari 2025                                                05/RDSI/02/2025               Direksi
                                                                                                                                            Divisi Pemateri
                                                                                                                                            Divisi Terkait

        February 4, 2025         Financial Statements January 2025                                                                          Board of Directors
                                                                                                                                            Presenting Division
                                                                                                                                            Related Divisions
 6      10 Februari 2025         •    Update SI                                                               06/RDSI/02/2025               Direksi
                                 •    IT Project Based                                                                                      Divisi Pemateri
                                 •    DPD Business Update                                                                                   Divisi Terkait

        February 10, 2025        •    SI Update                                                                                             Board of Directors
                                 •    IT Project-Based                                                                                      Presenting Division
                                 •    DPD Business Update                                                                                   Related Divisions
 7      24 Februari 2025         •    Prognosa Februari 2025                                                  07/RDSI/02/2025               Direksi
                                 •    Update Hasil BIA & Persetujuan Lokasi Alternatif                                                      Divisi Pemateri
                                 •    Scooping ICoFR                                                                                        Divisi Terkait
                                 •    Update Penanganan Case Lampung
                                 •    Pembelian Kembali Saham (Buyback) 2025

        February 24, 2025        •    Prognosis February 2025                                                                               Board of Directors
                                 •    Update on BIA Results & Alternative Location Approval                                                 Presenting Division
                                 •    ICoFR Scooping                                                                                        Related Divisions
                                 •    Lampung Case Handling Update
                                 •    Share Buyback 2025
 8      3 Maret 2025             •    Update Debitur Pailit                                                   08/RDSI/03/2025               Direksi
                                 •    Update SI                                                                                             Divisi Pemateri
                                 •    Review Kenaikan Limit Dealer                                                                          Divisi Terkait

        March 3, 2025            •    Bankrupt Debtor Update                                                                                Board of Directors
                                 •    SI Update                                                                                             Presenting Division
                                 •    Review of Dealer Limit Increase                                                                       Related Divisions




                                                                                                Laporan Tahunan & Laporan Keberlanjutan
                                                                                                            Annual Report & Sustainability Report   2025 329
Page 330
      Ikhtisar Kinerja                         Laporan Manajemen                            Profil Perusahaan                      Tinjauan Pendukung Bisnis
      Performance Highlights                   Management Report                            Company Profile                        Overview of Business Support Units




               Tanggal                                           Agenda                                           No. Risalah Rapat                Peserta
 No
                Date                                             Agenda                                         Minutes of Meeting No.            Participant

9     4 Maret 2025             Laporan Keuangan Februari 2025                                              09/RDSI/03/2025               Direksi
                                                                                                                                         Divisi Pemateri
                                                                                                                                         Divisi Terkait

      March 4, 2025            Financial Statements February 2025                                                                        Board of Directors
                                                                                                                                         Presenting Division
                                                                                                                                         Related Divisions
10    10 Maret 2025            •    SLP Business Update                                                    10/RDSI/03/2025               Direksi
                               •    RBO Business Update                                                                                  Divisi Pemateri
                                                                                                                                         Divisi Terkait

      March 10, 2025           •    SLP Business Update                                                                                  Board of Directors
                               •    RBO Business Update                                                                                  Presenting Division
                                                                                                                                         Related Divisions
11    17 Maret 2025            •    Persiapan Operasional Layanan IT Hari Raya Idul Fitri 1446 H           11/RDSI/03/2025               Direksi
                               •    Project Oasis                                                                                        Divisi Pemateri
                               •    Prognosa Maret 2025                                                                                  Divisi Terkait
                               •    Raya Poin & Kerjasama TMII

                               •    Preparation of IT Service Operations for Eid al-Fitr 1446 H
      March 17, 2025           •    Oasis Project                                                                                        Board of Directors
                               •    Prognosis March 2025                                                                                 Presenting Division
                               •    Raya Point & TMII Collaboration                                                                      Related Divisions
12    21 Maret 2025            •    Pengadaan Bulk Mandays Audit Independen dan Penetration Testing        12/RDSI/03/2025               Direksi
                               •    Pengadaan API Management, Change Request PG, dan Proswitching                                        Divisi Pemateri
                               •    Pengadaan Mobile Apps Security                                                                       Divisi Terkait

                               •    Procurement of Bulk Mandays Independent Audit and Penetration
                                    Testing
      March 21, 2025           •    Procurement of API Management, Change Request PG, and Proswitching                                   Board of Directors
                               •    Procurement of Mobile App Security                                                                   Presenting Division
                                                                                                                                         Related Divisions
13    24 Maret 2025            •    Update Prognosa Maret 2025                                             13/RDSI/03/2025               Direksi
                               •    Pesta Raya 2                                                                                         Divisi Pemateri
                                                                                                                                         Divisi Terkait

      March 24, 2025           •    Prognosis Update March 2025                                                                          Board of Directors
                               •    Pesta Raya 2                                                                                         Presenting Division
                                                                                                                                         Related Divisions
14    30 Maret 2025            Update Prognosa Maret 2025                                                  14/RDSI/03/2025               Direksi
                                                                                                                                         Divisi Pemateri
                                                                                                                                         Divisi Terkait

      March 30, 2025           Update on Prognosis March 2025                                                                            Board of Directors
                                                                                                                                         Presenting Division
                                                                                                                                         Related Divisions
15    8 April 2025             Laporan Keuangan Maret 2025                                                 15/RDSI/04/2025               Direksi
                                                                                                                                         Divisi Pemateri
                                                                                                                                         Divisi Terkait

      April 8, 2025            Financial Statements March 2025                                                                           Board of Directors
                                                                                                                                         Presenting Division
                                                                                                                                         Related Divisions
16    14 April 2025            •    Update SI                                                              16/RDSI/04/2025               Direksi
                               •    Pengadaan Jasa Konsultan Penyusunan dan Pembaruan Kebijakan                                          Divisi Pemateri
                                    TI                                                                                                   Divisi Terkait
                               •    Pengadaan Jasa Konsultan Berlangganan Gartner

      April 14, 2025           •    SI Update                                                                                            Board of Directors
                               •    Procurement of IT Policy Drafting and Update Consulting Services                                     Presenting Division
                               •    Procurement of Gartner Subscription Consulting Services                                              Related Divisions
17    28 April 2025            •    Prognosa April 2025                                                    18/RDSI/04/2025               Direksi
                               •    Analisa Kualitas Kredit Pinang Flexi                                                                 Divisi Pemateri
                                                                                                                                         Divisi Terkait

      April 28, 2025           •    Prognosi April 2025                                                                                  Board of Directors
                               •    Pinang Flexi Credit Quality Analysis                                                                 Presenting Division
                                                                                                                                         Related Divisions
18    4 Mei 2025               Laporan Keuangan April 2025                                                 19/RDSI/05/2025               Direksi
                                                                                                                                         Divisi Pemateri
                                                                                                                                         Divisi Terkait

      May 4, 2025              Financial Statements April 2025                                                                           Board of Directors
                                                                                                                                         Presenting Division
                                                                                                                                         Related Divisions
19    14 Mei 2025              Update SI                                                                   20/RDSI/05/2025               Direksi
                                                                                                                                         Divisi Pemateri
                                                                                                                                         Divisi Terkait

      May 14, 2025             SI Update                                                                                                 Board of Directors
                                                                                                                                         Presenting Division
                                                                                                                                         Related Divisions




330 PT Bank Raya Indonesia Tbk
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     Analisis dan Pembahasan Manajemen                Tata Kelola Perusahaan                    Laporan Keberlanjutan                Laporan Keuangan Audit
     Management Discussion and Analysis               Good Corporate Governance                 Sustainability Report                Audited Financial Report




             Tanggal                                          Agenda                                     No. Risalah Rapat                   Peserta
No
              Date                                            Agenda                                   Minutes of Meeting No.               Participant

20   22 Mei 2025             Prognosa Mei 2025                                                       21/RDSI/05/2025               Direksi
                                                                                                                                   Divisi Pemateri
                                                                                                                                   Divisi Terkait

     May 22, 2025            Prognosis May 2025                                                                                    Board of Directors
                                                                                                                                   Presenting Division
                                                                                                                                   Related Divisions
21   26 Mei 2025             •    Update Debitur Pailit                                              22/RDSI/05/2025               Direksi
                             •    Update Biaya Perkara                                                                             Divisi Pemateri
                             •    Update Highlight Issue Debitur Menengah                                                          Divisi Terkait

     May 26, 2025             •   Bankrupt Debtor Update                                                                           Board of Directors
                              •   Legal Cost Update                                                                                Presenting Division
                              •   Intermediate Debtor Highlight Issue Update                                                       Related Divisions
22   2 Juni 2025              •   Update RBB-R                                                       23/RDSI/06/2025               Direksi
                              •   Update SI                                                                                        Divisi Pemateri
                                                                                                                                   Divisi Terkait

     June 2, 2025             •   RBB-R Update                                                                                     Board of Directors
                              •   SI Update                                                                                        Presenting Division
                                                                                                                                   Related Divisions
23   3 Juni 2025              Laporan Keuangan Mei 2025                                              24/RDSI/06/2025               Direksi
                                                                                                                                   Divisi Pemateri
                                                                                                                                   Divisi Terkait

     June 3, 2025             Financial Statements May 2025                                                                        Board of Directors
                                                                                                                                   Presenting Division
                                                                                                                                   Related Divisions
24   16 Juni 2025             •   Rencana Perpanjangan Public Cloud (Google Cloud Platform)          26/RDSI/06/2025               Direksi
                              •   Pembahasan Maturitas Audit Internal 2025                                                         Divisi Pemateri
                              •   Pending Temuan Pemeriksaan Audit Eksternal                                                       Divisi Terkait
                              •   Update Penanganan Nasabah Community Branch

     June 16, 2025            •   Public Cloud Extension Plan (Google Cloud Platform)
                              •   2025 Internal Audit Maturity Discussion                                                          Board of Directors
                              •   Pending on External Audit Findings                                                               Presenting Division
                              •   Community Branch Customer Handling Update                                                        Related Divisions
25   23 Juni 2025             Prognosa Juni 2025                                                     27/RDSI/06/2025               Direksi
                                                                                                                                   Divisi Pemateri
                                                                                                                                   Divisi Terkait

     June 23, 2025            Prognosis June 2025                                                                                  Board of Directors
                                                                                                                                   Presenting Division
                                                                                                                                   Related Divisions
26   1 Juli 2025              Event Surabaya Run 5K                                                  28/RDSI/07/2025               Direksi
                                                                                                                                   Divisi Pemateri
                                                                                                                                   Divisi Terkait

     July 1, 2025            Surabaya Run 5K Event                                                                                 Board of Directors
                                                                                                                                   Presenting Division
                                                                                                                                   Related Divisions
27   3 Juli 2025             Laporan Keuangan Juni 2025                                              29/RDSI/07/2025               Direksi
                                                                                                                                   Divisi Pemateri
                                                                                                                                   Divisi Terkait

     July 3, 2025            Financial Statements June 2025                                                                        Board of Directors
                                                                                                                                   Presenting Division
                                                                                                                                   Related Divisions
28   7 Juli 2025              Update SI                                                              30/RDSI/07/2025               Direksi
                                                                                                                                   Divisi Pemateri
                                                                                                                                   Divisi Terkait

     July 7, 2025            SI Update                                                                                             Board of Directors
                                                                                                                                   Presenting Division
                                                                                                                                   Related Divisions
29   14 Juli 2025            •    Prognosa RWO                                                       31/RDSI/07/2025               Direksi
                             •    Tindak Lanjut Penanganan Kualitas Kredit Pinang Flexi                                            Divisi Pemateri
                             •    Pengadaan Project Based Divisi ASA Semester II                                                   Divisi Terkait
                             •    Sponsorship Sorak Sorai Festival

     July 14, 2025            •   RWO Prognosis
                              •   Pinang Flexi Credit Quality Follow-up                                                            Board of Directors
                              •   Procurement of ASA Division Project-Based Semester II                                            Presenting Division
                              •   Cheer Festival Sponsorship                                                                       Related Divisions
30   28 Juli 2025             •   Prognosa Juli 2025                                                 34/RDSI/07/2025               Direksi
                              •   Debit VISA Go To Market Plan                                                                     Divisi Pemateri
                                                                                                                                   Divisi Terkait

     July 28, 2025            •   Prognosis July 2025                                                                              Board of Directors
                              •   VISA Debit Go-To-Market Plan                                                                     Presenting Division
                                                                                                                                   Related Divisions




                                                                                          Laporan Tahunan & Laporan Keberlanjutan
                                                                                                   Annual Report & Sustainability Report   2025 331
Page 332
      Ikhtisar Kinerja                        Laporan Manajemen                         Profil Perusahaan                      Tinjauan Pendukung Bisnis
      Performance Highlights                  Management Report                         Company Profile                        Overview of Business Support Units




              Tanggal                                           Agenda                                        No. Risalah Rapat                Peserta
 No
               Date                                             Agenda                                      Minutes of Meeting No.            Participant

31    3 Agustus 2025           Laporan Keuangan Juli 2025                                              35/RDSI/08/2025               Direksi
                                                                                                                                     Divisi Pemateri
                                                                                                                                     Divisi Terkait

      August 3, 2025           Financial Statements July 2025                                                                        Board of Directors
                                                                                                                                     Presenting Division
                                                                                                                                     Related Divisions
32    4 Agustus 2025           Update Usulan RAS                                                       36/RDSI/08/2025               Direksi
                                                                                                                                     Divisi Pemateri
                                                                                                                                     Divisi Terkait

      August 4, 2025           RAS Proposal Update                                                                                   Board of Directors
                                                                                                                                     Presenting Division
                                                                                                                                     Related Divisions
33    11 Agustus 2025          •    Review FTP 2025                                                    37/RDSI/08/2025               Direksi
                               •    Evaluasi Ketentuan Pengadaan Barang & Jasa                                                       Divisi Pemateri
                               •    Update SI & Value Tracking                                                                       Divisi Terkait

      August 11, 2025          •    FTP Review 2025                                                                                  Board of Directors
                               •    Evaluation of Goods & Services Procurement Provisions                                            Presenting Division
                               •    SI & Value Update Tracking                                                                       Related Divisions
34    21 Agustus 2025          Update Penyertaan saham Bank Raya pada BPR dan Lintasarta               38/RDSI/08/2025               Direksi
                                                                                                                                     Divisi Pemateri
                                                                                                                                     Divisi Terkait
      August 21, 2025          Update on Bank Raya's Equity Investment in BPR and Lintasarta
                                                                                                                                     Board of Directors
                                                                                                                                     Presenting Division
                                                                                                                                     Related Divisions
35    25 Agustus 2025          •    Prognosa Agustus 2025                                              39/RDSI/08/2025               Direksi
                               •    Climate Risk Management & Scenario Analysis                                                      Divisi Pemateri
                                                                                                                                     Divisi Terkait

      August 25, 2025          •    Prognosis August 2025                                                                            Board of Directors
                               •    Climate Risk Management & Scenario Analysis                                                      Presenting Division
                                                                                                                                     Related Divisions
36    1 September 2025         Update Penanganan Berita Negatif                                        40/RDSI/09/2025               Direksi
                                                                                                                                     Divisi Pemateri
                                                                                                                                     Divisi Terkait

      September 1, 2025        Update on Negative News Handling                                                                      Board of Directors
                                                                                                                                     Presenting Division
                                                                                                                                     Related Divisions
37    4 September 2025         Laporan keuangan Agusus 2025                                            41/RDSI/09/2025               Direksi
                                                                                                                                     Divisi Pemateri
                                                                                                                                     Divisi Terkait

      September 4, 2025        Financial Statements August 2025                                                                      Board of Directors
                                                                                                                                     Presenting Division
                                                                                                                                     Related Divisions
38    8 September 2025         •    Update SI                                                          42/RDSI/09/2025               Direksi
                               •    Prognosa September & Desember 2025                                                               Divisi Pemateri
                                                                                                                                     Divisi Terkait

      September 8, 2025        •    SI Update                                                                                        Board of Directors
                               •    Prognosis September & December 2025                                                              Presenting Division
                                                                                                                                     Related Divisions
39    15 September 2025        Pinjaman Cash Collateral                                                43/RDSI/09/2025               Direksi
                                                                                                                                     Divisi Pemateri
                                                                                                                                     Divisi Terkait

      September 15, 2025       Cash Collateral Loans                                                                                 Board of Directors
                                                                                                                                     Presenting Division
                                                                                                                                     Related Divisions
40    22 September 2025        Genba Innovation Challenge                                              44/RDSI/09/2025
      September 22, 2025       Genba Innovation Challenge
41    24 September 2025        Prognosa September 2025                                                 45/RDSI/09/2025               Direksi
                                                                                                                                     Divisi Pemateri
                                                                                                                                     Divisi Terkait

      September 24, 2025       Prognosis September 2025                                                                              Board of Directors
                                                                                                                                     Presenting Division
                                                                                                                                     Related Divisions
42    29 September 2025        Update Inovasi Genba                                                    46/RDSI/09/2025               Direksi
                                                                                                                                     Divisi Pemateri
                                                                                                                                     Divisi Terkait

      September 29, 2025       Genba Innovation Update                                                                               Board of Directors
                                                                                                                                     Presenting Division
                                                                                                                                     Related Divisions




332 PT Bank Raya Indonesia Tbk
Page 333
     Analisis dan Pembahasan Manajemen                 Tata Kelola Perusahaan                        Laporan Keberlanjutan                 Laporan Keuangan Audit
     Management Discussion and Analysis                Good Corporate Governance                     Sustainability Report                 Audited Financial Report




             Tanggal                                         Agenda                                            No. Risalah Rapat                   Peserta
No
              Date                                           Agenda                                          Minutes of Meeting No.               Participant

43   3 Oktober 2025          Laporan Keuangan September 2025                                               47/RDSI/10/2025               Direksi
                                                                                                                                         Divisi Pemateri
                                                                                                                                         Divisi Terkait

     October 3, 2025         Financial Statements September 2025                                                                         Board of Directors
                                                                                                                                         Presenting Division
                                                                                                                                         Related Divisions
44   6 Oktober 2025          •    Persiapan Asessment CGPI                                                 48/RDSI/10/2025               Direksi
                             •    Materi KTKT SMT I 2025                                                                                 Divisi Pemateri
                                                                                                                                         Divisi Terkait

     October 6, 2025          •   CGPI Assessment Preparation                                                                            Board of Directors
                              •   2025 SMT I KTKT Material                                                                               Presenting Division
                                                                                                                                         Related Divisions
45   13 Oktober 2025          •   Pencatatan Produk Digital pada Regulatory Report dan Internal Report     50/RDSI/10/2025               Direksi
                              •   Update SI                                                                                              Divisi Pemateri
                              •   Usulan Perubahan Organisasi                                                                            Divisi Terkait

                              •   Recording of Digital Products in Regulatory and Internal Reports
     October 13, 2025         •   SI Update                                                                                              Board of Directors
                              •   Proposed Organizational Changes                                                                        Presenting Division
                                                                                                                                         Related Divisions
46   14 Oktober 2025          Strategi Penanganan Perkara                                                  51/RDSI/10/2025               Direksi
                                                                                                                                         Divisi Pemateri
                                                                                                                                         Divisi Terkait

     October 14, 2025         Case Handling Strategy                                                                                     Board of Directors
                                                                                                                                         Presenting Division
                                                                                                                                         Related Divisions
47   27 Oktober 2025          Prognosa Oktober 2025                                                        52/RDSI/10/2025               Direksi
                                                                                                                                         Divisi Pemateri
                                                                                                                                         Divisi Terkait

     October 27, 2025         Prognosis October 2025                                                                                     Board of Directors
                                                                                                                                         Presenting Division
                                                                                                                                         Related Divisions
48   3 November 2025          Laporan Keuangan Oktober 2025                                                53/RDSI/11/2025               Direksi
                                                                                                                                         Divisi Pemateri
                                                                                                                                         Divisi Terkait

     November 3, 2025         Financial Statements October 2025                                                                          Board of Directors
                                                                                                                                         Presenting Division
                                                                                                                                         Related Divisions
49   10 November 2025         •   Pengkinian Recovery Plan                                                 54/RDSI/11/2025               Direksi
                              •   Update Inhill Sarimas                                                                                  Divisi Pemateri
                              •   Update SI                                                                                              Divisi Terkait
                              •   Update Usulan Organisasi Desk EDM

     November 10, 2025        •   Recovery Plan Update                                                                                   Board of Directors
                              •   Inhill Sarimas Update                                                                                  Presenting Division
                              •   SI Update                                                                                              Related Divisions
                              •   Update on Proposed Organizational EDM Desk
50   24 November 2025         •   Rencana Aksi Kerja Berkelanjutan                                         55/RDSI/11/2025               Direksi
                              •   CX-100 - Pemaparan Konsep dan hasil Self Assesment                                                     Divisi Pemateri
                              •   Prognosa November 2025                                                                                 Divisi Terkait

     November 24, 2025        •   Sustainable Work Action Plan                                                                           Board of Directors
                              •   CX-100 - Presentation of Concepts and Self-Assessment Results                                          Presenting Division
                              •   Prognosis November 2025                                                                                Related Divisions
51   3 Desember 2025          Laporan Keuangan November 2025                                               56/RDSI/12/2025               Direksi
                                                                                                                                         Divisi Pemateri
                                                                                                                                         Divisi Terkait

     December 3, 2025         Financial Statements November 2025                                                                         Board of Directors
                                                                                                                                         Presenting Division
                                                                                                                                         Related Divisions
52   8 Desember 2025          •   Usulan Waiver Debitur                                                    57/RDSI/12/2025               Direksi
                              •   AYDA                                                                                                   Divisi Pemateri
                              •   Update SI                                                                                              Divisi Terkait

     December 8, 2025         •   Debtor Waiver Proposal                                                                                 Board of Directors
                              •   AYDA (Foreclosed Collateral)                                                                           Presenting Division
                              •   SI Update                                                                                              Related Divisions
53   15 Desember 2025         •   Enhancing Security Posture : SOC Managed Service Renewal & BI Fast       58/RDSI/12/2025               Direksi
                                  Security Requirement                                                                                   Divisi Pemateri
                              •   Pemaparan Risiko Utama Perusahaan Secara Global Tahun 2026                                             Divisi Terkait

                              •   Enhancing Security Posture: SOC Managed Service Renewal & BI Fast
     December 15, 2025            Security Requirements                                                                                  Board of Directors
                              •   Presentation of the Company's Key Global Risks in 2026                                                 Presenting Division
                                                                                                                                         Related Divisions




                                                                                           Laporan Tahunan & Laporan Keberlanjutan
                                                                                                         Annual Report & Sustainability Report   2025 333
Page 334
       Ikhtisar Kinerja                        Laporan Manajemen                      Profil Perusahaan                      Tinjauan Pendukung Bisnis
       Performance Highlights                  Management Report                      Company Profile                        Overview of Business Support Units




               Tanggal                                            Agenda                                    No. Risalah Rapat                Peserta
  No
                Date                                              Agenda                                  Minutes of Meeting No.            Participant

 54    17 Desember 2025         •    Update Penyelesaian Debitur                                      59/RDSI/12/2025              Direksi
                                •    Materi Exit OJK                                                                               Divisi Pemateri
                                                                                                                                   Divisi Terkait

       December 17, 2025        •    Debtor Settlement Update                                                                      Board of Directors
                                •    OJK Exit Material                                                                             Presenting Division
                                                                                                                                   Related Divisions
 55    23 Desember 2025         Prognosa Desember 2025                                                60/RDSI/12/2025              Direksi
                                                                                                                                   Divisi Pemateri
                                                                                                                                   Divisi Terkait

       December 23, 2025        Prognosis December 2025                                                                            Board of Directors
                                                                                                                                   Presenting Division
                                                                                                                                   Related Divisions
 56    24 Desember 2025         Pengadaan Project Based dan Lisensi JIRA                              61/RDSI/12/2025              Direksi
                                                                                                                                   Divisi Pemateri
                                                                                                                                   Divisi Terkait

       December 24, 2025        Procurement of Project-Based and JIRA License                                                      Board of Directors
                                                                                                                                   Presenting Division
                                                                                                                                   Related Divisions
 57    29 Desember 2025         KPI Corporate & Direktorat 2026                                       62/RDSI/12/2025              Direksi
                                                                                                                                   Divisi Pemateri
                                                                                                                                   Divisi Terkait

       December 29 2025         Corporate & Directorate KPIs 2026                                                                  Board of Directors
                                                                                                                                   Presenting Division
                                                                                                                                   Related Divisions




Program Orientasi Direksi
Board of Directors’ Orientation Program

Bank Raya menyediakan program pengenalan bagi anggota Direksi yang              Bank Raya provides an introduction program for newly appointed members
baru diangkat. Program pengenalan tersebut diberikan dalam bentuk               of the Board of Directors. This introduction program takes the form of briefings
pembekalan yang dilakukan oleh Lembaga Pelatihan maupun diskusi                 conducted by the Training Institute and discussions among Directors. The
antar Direksi. Program Pengenalan tersebut meliputi on boarding program         introduction program includes an onboarding program and briefings on
& pembekalan terkait tugas & tanggung jawab Direksi serta pembekalan            the duties and responsibilities of the Board of Directors, as well as briefings
terkait manajemen risiko Direksi. Bank Raya tidak mengadakan program            on risk management for the Board of Directors. Bank Raya does not hold
pengenalan bagi anggota Direksi baru dengan mempertimbangkan                    an introduction program for new members of the Board of Directors by
pengangkatan kembali Direktur Utama yang telah menjabat sebelumnya.             considering the reappointment of the previously serving President Director.



Pelatihan dan Pengembangan Kompetensi Direksi
Training and Development of the Board of Directors’ Competencies

Sebagai bentuk pemenuhan atas aspek kompetensi yang dimiliki oleh               As a form of compliance with the competency requirements for the Board
anggota Direksi sebagaimana diatur dalam POJK Penerapan Tata Kelola             of Directors’ members as stipulated in POJK on Implementation of Governance
bagi Bank Umum, Bank Raya juga menyediakan program peningkatan                  for Commercial Banks, Bank Raya also provides a competency development
kompetensi bagi anggota Direksi Bank. Direksi berkesempatan untuk dapat         program for the Board of Directors’ members. The Board of Directors has
membudayakan pembelajaran secara berkelanjutan dalam rangka                     the opportunity to cultivate a culture of continuous learning in order to
peningkatan pengetahuan tentang perbankan dan perkembangan terkini              increase knowledge on banking and the latest developments related to
terkait bidang keuangan/lainnya yang mendukung pelaksanaan tugas                the financial/other fields that support the implementation of duties and
dan tanggung jawabnya pada seluruh tingkatan atau jenjang organisasi.           responsibilities at all levels of ranks of the organization.

Implementasi atas program pelatihan dan pengembangan kompetensi                 The implementation of training and competency development programs
yang diikuti oleh anggota Direksi Bank Raya selama tahun buku 2025              attended by Bank Raya’s Board of Directors’ members during the 2025
adalah sebagai berikut:                                                         fiscal year is as follows:




334 PT Bank Raya Indonesia Tbk
Page 335
       Analisis dan Pembahasan Manajemen                      Tata Kelola Perusahaan                                  Laporan Keberlanjutan                   Laporan Keuangan Audit
       Management Discussion and Analysis                     Good Corporate Governance                               Sustainability Report                   Audited Financial Report




                                                                                              Pelatihan & Pengembangan Kompetensi
                                                                                               Training & Competency Development
      Nama                Jabatan
      Name                Position
                                                                            Nama                                                Tempat & Waktu                      Penyelenggara
                                                                            Name                                                  Place & Time                        Organizer

Ida Bagus Ketut   Direktur Utama                •   Seminar Corporate Criminal Liability: How Organizations             •      16 Januari 2025            •    Ernst & Young
Subagia                                             Should Navigate Toward Sustainable Business
                                                •   BRI Microfinance Outlook                                            •      30 Januari 2025            •    BRI
                                                •   Program Mandatory Refreshment Sertifikasi Manajemen                 •      31 Juli 2025               •    Perbanas
                                                    Risiko Jenjang 7 Bagi Direksi Bank Raya
                                                •   Review of Indonesia's Mid-Year Economy (Prime) 2025                 •      31 Juli 2025               •    Perbanas
                                                •   Pertemuan dalam Rangka Memastikan Keamanan dan                      •      1 Oktober 2025             •    Bank Indonesia
                                                    Keandalan Sistem Pembayaran
                                                •   Workshop Alignment Brilian Way Bank Raya                            •      8 Oktober 2025             •    BRI
                                                •   Seminar Penerapan ESG terhadap Strategi Bisnis                      •      27 Oktober 2025            •    Bank Raya
                                                •   The 9th Indonesia Risk Management Outlook 2026                      •      13 November 2025           •    LPPI

                  President Director            •   Corporate Criminal Liability Seminar: How Organizations             •      January 16, 2025           •    Ernst & Young
                                                    Should Navigate Toward Sustainable Business
                                                •   BRI Microfinance Outlook                                            •      January 30, 2025           •    BRI
                                                •   Mandatory Refreshment Program for Level 7 Risk                      •      July 31, 2025              •    Perbanas
                                                    Management Certification for Bank Raya’ Board of Directors
                                                •   Review of Indonesia's Mid-Year Economy (Prime) 2025                 •      July 31, 2025              •    Perbanas
                                                •   Meeting to Ensure Payment System Security and Reliability           •      October 1, 2025            •    Bank Indonesia
                                                •   Bank Raya's Brilliant Way Alignment Workshop                        •      October 8, 2025            •    BRI
                                                •   Seminar on Applying ESG to Business Strategy                        •      October 27, 2025           •    Bank Raya
                                                •   The 9th Indonesia Risk Management Outlook 2026                      •      November 13, 2025          •    LPPI
Rustarti Suri     Direktur Keuangan             •   Seminar Corporate Criminal Liability: How Organizations             •      16 Januari 2025            •    Ernst & Young
Pertiwi                                             Should Navigate Toward Sustainable Business
                                                •   Pembekalan Sertifikasi Pengelolaan Transfer Dana                    •      17 Januari 2025            •    LPPI
                                                •   Top Gun Economic Outlook 2025                                       •      22 Januari 2025            •    KBUMN
                                                •   BRI Microfinance Outlook                                            •      30 Januari 2025            •    BRI
                                                •   Creating Business Ecosystem                                         •      21 Februari 2025           •    Nawasena Mandiri
                                                                                                                                                               Corporate University
                                                •   Seminar CNBC Indonesia Economic Outlook 2025 “Riding                •      26 Februari 2025           •    CNBC Indonesia
                                                    the Wave of 8% Economic Expansion”
                                                •   Perbanas CFO Forum 2025                                             •      27 Februari 2025           •    Perbanas
                                                •   The Risk Olympiad 2025                                              •      22 Mei 2025                •    ASIAN Banker
                                                •   Seminar Refreshment Program Sertifikat Manajemen                    •      28 Agustus 2025            •    BARA
                                                    Risiko Jenjang 7 (Bara Risk Forum)
                                                •   Workshop Alignment Brilian Way Bank Raya                            •      8 Oktober 2025             •    BRI
                                                •   Seminar Penerapan ESG terhadap Strategi Bisnis                      •      27 Oktober 2025            •    Bank Raya
                                                •   Kartini Women Leaders                                               •      30-31 Oktober 2025         •    Danantara

                  Director of Finance           •   Corporate Criminal Liability Seminar: How Organizations             •      January 16, 2025           •    Ernst & Young
                                                    Should Navigate Toward Sustainable Business
                                                •   Fund Transfer Management Certification Briefing                     •      January 17, 2025           •    LPPI
                                                •   Perbanas CEO Forum 2025                                             •      January 22, 2025           •    Perbanas
                                                •   BRI Microfinance Outlook                                            •      January 30, 2025           •    BRI
                                                •   Creating a Business Ecosystem                                       •      February 21, 2025          •    Nawasena Mandiri
                                                                                                                                                               Corporate University
                                                •   CNBC Indonesia Economic Outlook 2025 Seminar "Riding                •      February 26, 2025          •    CNBC Indonesia
                                                    the Wave of 8% Economic Expansion"
                                                •   Perbanas CFO Forum 2025                                             •      February 27, 2025          •    Perbanas
                                                •   The Risk Olympiad 2025                                              •      May 22, 2025               •    ASIAN Banker
                                                •   Risk Management Certificate Program Level 7 Refreshment             •      August 28, 2025            •    BARA
                                                    Seminar (Bara Risk Forum)
                                                •   Bank Raya’s Brilliant Way Alignment Workshop                        •      October 8, 2025            •    BRI
                                                •   Seminar: Implementing ESG in Business Strategy                      •      October 27, 2025           •    Bank Raya
                                                •   Kartini Women Leaders                                               •      October 30-31, 2025        •    Danantara
Danar             Direktur Manajemen            •   Seminar Corporate Criminal Liability: How Organizations             •      16 Januari 2025            •    Ernst & Young
Widyantoro        Risiko, Kepatuhan dan             Should Navigate Toward Sustainable Business
                  Sumber Daya Manusia           •   BRI Microfinance Outlook                                            •      30 Januari 2025            •    BRI
                                                •   Seminar Human Capital BRI x FHC                                     •      18 Februari 2025           •    KBUMN
                                                •   (PPATK) Undangan Pertemuan Koordinasi PPATK Tahun 2025              •      26 Februari 2025           •    PPATK
                                                •   Webinar Forum Human Capital Indonesia (FHCI) dengan                 •      9 Mei 2025                 •    Forum Human Capital
                                                    tema: Pengelolaan Hubungan Industrial (PHI) Peningkatan                                                    Indonesia (FHCI)
                                                    Kompetensi Lainnya Support Forum Human Capital
                                                    Indonesia (FHCI)
                                                •   Program Chief Risk Officer (CRO) School tahun 2025, Peningkatan     •      2 Mei - 16 Juli 2025       •    Kementerian BUMN
                                                    Kompetensi Lainnya Business Kementerian BUMN
                                                •   Program Chief Risk Officer (CRO) School tahun 2025                  •      31 Juli 2025               •    Perbanas
                                                •   Review of Indonesia's Mid-Year Economy (Prime) 2025                 •      1 Oktober 2025             •    Bank Indonesia
                                                •   Pertemuan dalam Rangka Memastikan Keamanan Dan                      •      8 Oktober 2025             •    BRI
                                                    Keandalan Sistem Pembayaran
                                                •   Workshop Alignment Brilian Way Bank Raya                            •      27 Oktober 2025            •    Bank Raya
                                                •   Seminar Penerapan ESG terhadap Strategi Bisnis                      •      13 November 2025           •    LPPI
                                                •   Program Mandatory Refreshment Sertifikasi Manajemen
                                                    Risiko Jenjang 7 Bagi Direksi Bank Raya

                  Director of Enterprise Risk   •   Corporate Criminal Liability Seminar: How Organizations             •      January 16, 2025           •    Ernst & Young
                  Management,                       Should Navigate Toward Sustainable Business
                  Compliance and Human          •   BRI Microfinance Outlook.                                           •      January 30, 2025           •    BRI
                  Resources                     •   BRI x FHC Human Capital Seminar                                     •      February 18, 2025          •    KBUMN
                                                •   (PPATK) Invitation to the 2025 PPATK Coordination Meeting           •      February 26, 2025          •    PPATK
                                                •   Indonesian Human Capital Forum (FHCI) Webinar with                  •      May 9, 2025                •    Forum Human Capital
                                                    the theme: Industrial Relations Management (PHI) and                                                       Indonesia (FHCI)
                                                    Other Competency Improvements. Support from Indonesian
                                                    Human Capital Forum (FHCI).



                                                                                                         Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                            Annual Report & Sustainability Report     2025 335
Page 336
       Ikhtisar Kinerja                         Laporan Manajemen                                Profil Perusahaan                      Tinjauan Pendukung Bisnis
       Performance Highlights                   Management Report                                Company Profile                        Overview of Business Support Units




                                                                                         Pelatihan & Pengembangan Kompetensi
                                                                                          Training & Competency Development
     Nama                 Jabatan
     Name                 Position
                                                                       Nama                                         Tempat & Waktu                  Penyelenggara
                                                                       Name                                           Place & Time                    Organizer

                                            •   Chief Risk Officer (CRO) School Program in 2025, and Other      •   May 2 - July 16, 2025    •    Ministry of State-Owned
                                                Competency Improvements from the Ministry of State-Owned                                          Enterprises
                                                Enterprises.
                                            •   Chief Risk Officer (CRO) School Program in 2025.                •   July 31, 2025            •    Perbanas
                                            •   Mandatory Refreshment Program for Level 7 Risk                  •   August 28, 2025          •    BARA
                                                Management Certification for Bank Raya Directors.
                                            •   Review of Indonesia's Mid-Year Economy (Prime) 2025.            •   October 1, 2025          •    Bank Indonesia
                                            •   Meeting to Ensure Payment System Security and Reliability       •   October 8, 2025          •    BRI
                                            •   Bank Raya’s Brilliant Way Alignment Workshop.                   •   October 27, 2025         •    Bank Raya
                                            •   Seminar on Applying ESG to Business Strategy.                   •   November 13, 2025        •    LPPI
                                            •   Mandatory Refreshment Program for Level 7 Risk
                                                Management Certification for Bank Raya Directors
Kicky Andrie      Direktur Bisnis           •   Top Gun BUMN                                                    •   7 Januari 2025           •    BUMN
Davetra                                     •   KnowledgeX Series 2: Economic Outlook 2025 Invitation           •   22 Januari 2025          •    Kementerian BUMN
                                            •   BRI Microfinance Outlook                                        •   30 Januari 2025          •    BRI
                                            •   Seminar Powering Digital Banking in Indonesia - A               •   19 Februari 2025         •    Audax Financial Technology
                                                Dialogue on Transformation and Growth
                                            •   Seminar Digital Innovation in Finance for Rapid and             •   25 Februari 2025         •    Artajasa
                                                Sustainable Economic Growth
                                            •   The Big Idea Forum                                              •   17 Maret 2025            •    CNN Indonesia & Sampoerna
                                            •   Workshop Agile Coaching Clinic                                  •   30 April 2025            •    BRI
                                            •   Undangan Graduation Day Program Top Gun Cohort III              •   6 Mei 2025               •    Kementerian BUMN
                                            •   Seminar Transforming Payment & Innovation Forum                 •   7 - 9 Mei 2025           •    Jalin
                                            •   Sosialisasi Rancangan POJK tentang Akses Pembiayaan             •   20 Juni 2025             •    Otoritas Jasa Keuangan
                                                Usaha Mikro, Kecil dan Menengah (RPOJK UMKM) dan
                                                Panduan Tata Kelola Kecerdasan Artifisial Perbankan Indonesia
                                            •   Program Mandatory Refreshment Sertifikasi Manajemen             •   28 Agustus 2025          •    BARa
                                                Risiko Jenjang 7 Bagi Direksi Bank Raya
                                            •   Workshop Alignment Brilian Way Bank Raya                        •   8 Oktober 2025           •    BRI
                                            •   Seminar Penerapan ESG terhadap Strategi Bisnis                  •   27 Oktober 2025          •    Bank Raya

                  Director of Business      •   Top Gun BUMN                                                    •   January 7, 2025          •    BUMN
                                            •   KnowledgeX Series 2: Economic Outlook 2025 Invitation           •   January 22, 2025         •    Kementerian BUMN
                                            •   BRI Microfinance Outlook                                        •   January 30, 2025         •    BRI
                                            •   Powering Digital Banking in Indonesia Seminar - A               •   February 19, 2025        •    Audax Financial Technology
                                                Dialogue on Transformation and Growth
                                            •   Digital Innovation in Finance for Rapid and Sustainable         •   February 25, 2025        •    Artajasa
                                                Economic Growth Seminar
                                            •   The Big Idea Forum                                              •   March 17, 2025           •    CNN Indonesia & Sampoerna
                                            •   Agile Coaching Clinic Workshop                                  •   April 30, 2025           •    BRI
                                            •   Top Gun Cohort III Graduation Day Program Invitation            •   May 6, 2025              •    Kementerian BUMN
                                            •   Transforming Payment & Innovation Forum Seminar                 •   7 - 9 May 2025           •    Jalin
                                            •   Socialization of the Draft OJK Regulation on Access to          •   June 20, 2025            •    Otoritas Jasa Keuangan
                                                Financing for Micro, Small, and Medium Enterprises
                                                (RPOJK UMKM) and the Indonesian Banking Artificial
                                                Intelligence Governance Guidelines
                                            •   Mandatory Refreshment Program for Level 7 Risk                  •   August 28, 2025          •    BARa
                                                Management Certification for Bank Raya Directors
                                            •   Bank Raya Brilliant Way Alignment Workshop                      •   October 8, 2025          •    BRI
                                            •   Seminar on Applying ESG to Business Strategy                    •   October 27, 2025         •    Bank Raya

Lukman Hakim      Direktur Digital dan      •   Pembekalan Sertifikasi Pengelolaan Transfer Dana                •   17 Januari 2025          •    LPPI
                  Operasional               •   Pembekalan SK SP (SPPUR) Jenjang 6 - Pengelolaan                •   31 Januari 2025          •    LPPI
                                                Uang Tunai, Sertifikasi Kompetensi Kerja di sektor
                                                perbankan (SKKNI)
                                            •   Pembekalan SK SP (SPPUR) Jenjang 6 - Penukaran                  •   7 Februari 2025          •    LPPI
                                                Valuta Asing & Pembawaan Uang Kertas Asing, Sertifikasi
                                                Kompetensi Kerja di sektor perbankan (SKKNI)
                                            •   Seminar Digital Innovation in Finance for Rapid and             •   25 Februari 2025         •    Artajasa
                                                Sustainable Economic Growth
                                            •   Asian Fintech Forum 2025                                        •   20 Mei 2025              •    Asian Fintech Forum
                                            •   Sosialisasi Rancangan POJK tentang Akses Pembiayaan             •   20 Juni 2025             •    Otoritas Jasa Keuangan
                                                Usaha Mikro, Kecil dan Menengah (RPOJK UMKM) dan
                                                Panduan Tata Kelola Kecerdasan Artifisial Perbankan
                                                Indonesia
                                            •   Forum Sharing Informasi Mitigasi Risiko Operasional TI          •   25 Juni 2025             •    Bank Indonesia
                                                dan Siber pada Periode Libur
                                            •   Workshop Alignment Brilian Way Bank Raya                        •   8 Oktober 2025           •    BRI
                                            •   Seminar Penerapan ESG terhadap Strategi Bisnis                  •   27 Oktober 2025          •    Bank Raya
                                            •   Program Mandatory Refreshment Sertifikasi Manajemen             •   3 November 2025          •    LPPI
                                                Risiko Jenjang 7 Bagi Direksi Bank Raya
                                            •   The 9th Indonesia Risk Management Oulook 2026                   •   13 November 2025         •    LPPI
                                            •   CEO Forum Economic Outlook 2024: Navigating Sloe                •   10 Desember 2025         •    Perbanas
                                                Demand for Credits in Changing Economic

                  Director of Digital and   •   Fund Transfer Management Certification Briefing                 •   January 17, 2025         •    LPPI
                  Operations                •   Level 6 Risk Management Certification Briefing (SPPUR)          •   January 31, 2025         •    LPPI
                                                - Cash Management, Banking Sector Work Competency
                                                Certification (SKKNI)
                                            •   Level 6 Risk Management Certification Briefing (SPPUR)          •   February 7, 2025         •    LPPI
                                                - Foreign Currency Exchange & Carrying Foreign
                                                Banknotes, Banking Sector Work Competency Certification
                                                (SKKNI)




336 PT Bank Raya Indonesia Tbk
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          Analisis dan Pembahasan Manajemen                Tata Kelola Perusahaan                            Laporan Keberlanjutan                   Laporan Keuangan Audit
          Management Discussion and Analysis               Good Corporate Governance                         Sustainability Report                   Audited Financial Report




                                                                                        Pelatihan & Pengembangan Kompetensi
                                                                                         Training & Competency Development
          Nama              Jabatan
          Name              Position
                                                                        Nama                                           Tempat & Waktu                      Penyelenggara
                                                                        Name                                             Place & Time                        Organizer

                                               •   Digital Innovation in Finance for Rapid and Sustainable     •      February 25, 2025          •    Artajasa
                                                   Economic Growth Seminar
                                               •   Asian Fintech Forum 2025                                    •      May 20, 2025               •    Asian Fintech Forum
                                               •   Dissemination of Draft OJK Regulation on Access to          •      June 20, 2025              •    Financial Services Authority
                                                   Financing for Micro, Small, and Medium Enterprises
                                                   (RPOJK UMKM) and Indonesian Banking Artificial
                                                   Intelligence Governance Guide
                                               •   Information Sharing Forum on IT and Cyber Operational       •      June 25, 2025              •    Bank Indonesia
                                                   Risk Mitigation During the Holiday Period
                                               •   Bank Raya’s Brilliant Way Alignment Workshop                •      October 8, 2025            •    BRI
                                               •   ESG Application Seminar on Business Strategy                •      October 27, 2025           •    Bank Raya
                                               •   Level 7 Risk Management Certification Mandatory             •      November 3, 2025           •    LPPI
                                                   Refreshment Program for Bank Raya Directors
                                               •   The 9th Indonesia Risk Management Outlook 2026              •      November 13, 2025          •    LPPI
                                               •   CEO Forum Economic Outlook 2024: Navigating Sloe            •      December 10, 2025          •    Perbanas
                                                   Demand for Credits in a Changing Economy




Pelaksanaan Tugas Direksi Tahun 2025
Implementation of the Board of Directors' Duties in 2025

Sebagai pemenuhan tugas dan tanggung jawab sebagaimana yang                             To fulfill the duties and responsibilities stipulated in the Articles of Association,
ditetapkan dalam Anggaran Dasar, Kebijakan Umum Peneraopan GCG,                         the General Policy for GCG Implementation, the Board of Directors Charter,
Piagam Direksi dan Rencana Bisnis Bank Tahun 2025, Direksi telah                        and the Bank's 2025 Business Plan, the Board of Directors carried out its
menjalankan tugas dan wewenang atas pengurusan Bank sesuai dengan                       duties and authorities over the management of the Bank in accordance
visi dan misi Bank Raya antara lain sebagai berikut:                                    with Bank Raya's vision and mission, as follows:
•     Implementasi tugas dan tanggung jawab secara independen terhadap                  •    Implementation of duties and responsibilities independently towards
      Pemegang Saham yang dapat dilihat dari pengungkapan laporan                            Shareholders, as evidenced by the disclosure of quarterly, semi-annual,
      keuangan publikasi secara triwulanan, semesteran dan tahunan serta                     and annual published financial statements, as well as the annual report
      laporan tahunan yang disampaikan di dalam RUPST.                                       submitted at the AGMS.
•     Penerapan prinsip-prinsip tata kelola yang baik dalam setiap kegiatan             •    Implementation of good corporate governance principles in all Bank
      usaha Bank pada seluruh tingkatan atau jenjang organisasi melalui                      business activities at all levels of the organization through the separation
      pemisahan fungsi first line, second line, dan third line, dan penerapan                of first-line, second-line, and third-line functions, and the implementation
      budaya kepatuhan melalui penandatanganan kode etik, komitmen                           of a compliance culture through the signing of a code of conduct, an
      anti-fraud dan anti suap serta benturan kepentingan.                                   anti-fraud, anti-bribery, and conflict of interest commitment.
•     Pengelolaan Bank dengan mengedepankan prinsip kehati-hatian                       •    Managing the Bank by prioritizing prudential principles, including
      antara lain melalui verifikasi, pemberian opini dan tanggapan kepatuhan                through verification, providing opinions, and responding to compliance
      terhadap rencana produk bank baru dan lanjutan, pemberian opini                        with plans for new and advanced bank products, providing opinions
      terhadap rencana penerbitan kebijakan serta aktivitas bank lainnya                     on policy issuance plans and other bank activities, and testing compliance
      serta pengujian kepatuhan terhadap putusan kredit, draft kebijakan                     with credit decisions, draft credit and non-credit policies, and draft
      kredit dan non kredit, draft perjanjian kerjasama dengan pihak ketiga                  cooperation agreements with third parties.
•     Evaluasi atas penerapan tata kelola melalui self-assessment terhadap              •    Evaluation of governance implementation through quarterly self-
      penerapan tata kelola unit kerja secara triwulanan dan tata kelola                     assessments of work unit governance implementation and semi-annual
      Bank secara semesteran.                                                                Bank governance.
•     Kepatuhan terhadap ketentuan regulator yang diimplementasikan                     •    Compliance with regulatory requirements, implemented through
      melalui monitoring kewajiban reporting terhadap regulator dan                          monitoring reporting obligations to regulators and monitoring the
      monitoring pemenuhan komitmen kepada regulator disamping                               fulfillment of commitments to regulators, in addition to submitting GCG
      penyampaian hasil penilaian penerapan GCG secara semesteran                            implementation assessment results to regulators semi-annually.
      kepada regulator.
•     Tindaklanjut atas temuan audit dan rekomendasi dari Divisi Internal               •    Follow-up on audit findings and recommendations from the Internal
      Audit (IAU), Auditor Eksternal dan hasil pengawasan OJK dan/atau                       Audit Unit (IAU), External Auditors, and OJK and/or other authorities'
      hasil Pengawasan otoritas lain.                                                        supervision results.

Selain itu, dalam rangka menjalankan fungsi pengelolaan Bank Raya,                      Furthermore, in order to carry out Bank Raya's management function, the
Direksi melakukan kunjungan ke jaringan operasional Bank Raya selama                    Board of Directors conducted visits to Bank Raya's operational network
tahun 2025 dengan penjelasan sebagai berikut:                                           throughout 2025, with the explanation as follows:


                     Tempat Kunjungan Kerja                           Bulan                                                     Fokus Kunjungan
     No
                       Working Visit Place                            Month                                                        Visit Focus

 1         CB Semarang                                   Januari 2025                       Menghadiri Acara Rakerwil Semarang 2025
                                                         January 2025                       Attending the 2025 Semarang Regional Work Meeting
 2         CB Bandung                                    Januari 2025                       Menghadiri Acara Rakerwil Bandung 2025
                                                         January 2025                       Attending the 2025 Bandung Regional Work Meeting
 3         CB Surabaya                                   Januari 2025                       Menghadiri Acara Rakerwil Surabaya 2025
                                                         January 2025                       Attending the 2025 Surabaya Regional Work Meeting
 4         CB Denpasar                                   Januari 2025                       Menghadiri Acara Rakerwil Denpasar 2025
                                                         January 2025                       Attending the 2025 Denpasar Regional Work Meeting
 5         CB Solo                                       Januari 2025                       Menghadiri Acara Rakerwil Yogyakarta 2025
                                                         January 2025                       Attending the 2025 Yogyakarta Regional Work Meeting



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          Ikhtisar Kinerja                      Laporan Manajemen                    Profil Perusahaan                       Tinjauan Pendukung Bisnis
          Performance Highlights                Management Report                    Company Profile                         Overview of Business Support Units




                    Tempat Kunjungan Kerja                        Bulan                                        Fokus Kunjungan
     No
                      Working Visit Place                         Month                                           Visit Focus

 6        BRI Palembang                              Februari 2025                Menghadiri Acara Rakerwil Palembang 2025
                                                     February 2025                Attending the 2025 Palembang Regional Work Meeting
 7        BRI Pekanbaru                              Februari 2025                Menghadiri Acara Rakerwil Pekanbaru 2025
                                                     February 2025                Attending the 2025 Pekanbaru Regional Work Meeting
 8        CB Bandung                                 Maret 2025                   Pembinaan CB Bandung
                                                     March 2025                   CB Bandung Development
 9        CB Denpasar                                April 2025                   Pembinaan CB Denpasar
                                                     April 2025                   CB Denpasar Development
 10       Bali                                       Mei 2025                     Workshop untuk Kadiv & CBL
                                                     May 2025                     Workshop for Division Heads & CBL
 11       CB Semarang                                Juni 2025                    Pembinaan CB Semarang
                                                     June 2025                    CB Semarang Development
 12       CB Palembang                               Juni 2025                    Pembinaan CB Palembang
                                                     June 2025                    CB Palembang Development
 13       CB Surabaya                                September 2025               Pembinaan CB Surabaya
                                                     September 2025               CB Surabay Development
 14       CB Bandung                                 September 2025               Pembinaan CB Bandung
                                                     September 2025               CB Bandung Development
 15       CB Surabaya                                September 2025               Media Visit Jawa Pos, Press Conference dan Pengarahan CB Surabaya
                                                     September 2025               Jawa Pos Media Visit, Press Conference and CB Surabaya Briefing
 16       CB Solo, CB Temanggung dan CB Yogyakarta   Oktober 2025                 Pembinaan Cabang Solo
                                                     October 2025                 CB Solo Development
 17       CB Temanggung                              Oktober 2025                 Pembinaan Cabang Temanggung
                                                     October 2025                 CB Temanggung Development
 18       CB Yogyakarta                              Oktober 2025                 Pembinaan Cabang Yogyakarta
                                                     October 2025                 CB Yogyakarta Development


Selanjutnya, dalam menjalankan fungsi pengelolaan Bank, Direksi Bank           Furthermore, in carrying out the Bank's management function, Bank Raya’s
Raya juga telah menerbitkan sejumlah surat keputusan dan surat edaran          Board of Directors has also issued a number of decisions and circulars of
Direksi guna memperkuat implementasi Rencana Bisnis Bank dan penerapan         the Board of Directors to strengthen the implementation of the Bank's
GCG di lingkungan Bank sebagai berikut.                                        Business Plan and the application of GCG within the Bank as follows.


                          No. Surat                                  Tanggal                                          Perihal
                          Letter No.                                  Date                                            Subject

 No. SK. B.21/Dir.01.03/PCP/CMG/06/2024                  26 Juni 2024                 Kebijakan Umum Corporate Strategy
                                                         June 26, 2024                General Policy on Corporate Strategy
 No. SK: B.128/Dir.01.02/PCP/LCA/05/2024                 28 Mei 2024                  Kebijakan Umum Penerapan Tata Kelola Perusahaan yang Baik (Good
                                                                                      Corporate Governance)

                                                         May 28, 2024                 General Policy on the Implementation of Good Corporate Governance




Penilaian Kinerja Komite di Bawah Direksi Beserta Dasar Penilaiannya
Performance Assessment of Committees Under the Board of Directors and the Basis for Assessment

Dalam menjalankan tugas dan wewenang atas pengelolaan Bank, Direksi            In carrying out its duties and responsibilities over the management of the
dibantu oleh komite-komite dibawah direksi sebagaimana yang diatur             Bank, the Board of Directors is assisted by committees under the Board of
dalam Anggaran Dasar, Kebijakan Umum Penerapan GCG, dan Piagam                 Directors, as stipulated in the Articles of Association, the General Policy for
Direksi. Selanjutnya, Direksi melakukan evaluasi terhadap kinerja komite       GCG Implementation, and the Board of Directors Charter. Furthermore, the
sekurang-kurangnya pada setiap akhir tahun buku. Direksi Bank Raya             Board of Directors evaluates the performance of these committees at least
melakukan penilaian terhadap kinerja komite-komite di bawahnya                 at the end of each fiscal year. Bank Raya’s Board of Directors assesses its
berdasarkan kriteria yang telah ditetapkan diantaranya kehadiran dan           committees’ performance based on established criteria, including attendance
keaktifan dalam rapat, rekomendasi yang diberikan kepada Dewan                 and activeness in meetings, recommendations given to the Board of
Komisaris, dan pelaporan yang tepat waktu.                                     Commissioners, and timely reporting.

Komite Manajemen risiko telah membantu Direksi dalam rangka menunjang          The Risk Management Committee has assisted the Board of Directors in
efektivitas pelaksanaan proses dan sistem manajemen risiko. Implementasi       supporting the effective implementation of risk management process and
tugas dan tanggung jawab tersebut diperkuat dengan penyelenggaraan             system. The implementation of these duties and responsibilities was reinforced
rapat sebanyak 4 kali selama tahun 2025. Asset and Liability Committee         by holding 4 meetings during 2025. The Asset and Liability Committee
(ALCO) atau Komite ALCO telah membantu Direksi mengambil keputusan             (ALCO) assisted the Board of Directors in making strategic decisions related
strategis terkait pengelolaan produk aset dan liabilitas dengan tetap          to asset and liability product management, while still considering aspects
mempertimbangkan aspek pertumbuhan, kesinambungan bisnis dan                   of growth, business continuity, and profitability. The ALCO Committee held
profitabilitas. Komite ALCO telah menyelenggarakan rapat sebanyak 13           13 meetings for the 2025 fiscal year.
kali untuk tahun buku 2025.




338 PT Bank Raya Indonesia Tbk
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       Management Discussion and Analysis              Good Corporate Governance             Sustainability Report                 Audited Financial Report




Komite Kebijakan Perkreditan telah memberikan dukungan kepada Direksi         The Credit Policy Committee provided support to the Board of Directors in
terkait dengan penyusunan dan implementasi Kebijakan Perkreditan Bank         preparing and applying the Bank Credit Policy (KPB). This is evident in the
(KPB). Hal ini dapat dilihat dari penyelenggaraan rapat sebanyak 1 kali       1 meetings held and the committee's duties related to the preparation,
dan pelaksanaan tugas komite ini terkait dengan penyusunan, pengawasan,       supervision, and periodic review of KPB. The Information System Technology
dan review KPB secara berkala. Komite Pengarah Teknologi Sistem Informasi     Steering Committee also showed strong performance in assisting Bank
juga menunjukkan kinerja yang baik membantu Direksi Bank Raya dalam           Raya’s Board of Directors in implementing information technology by
penyelenggaraan teknologi informasi berupa pemantauan kegiatan                monitoring the implementation and readiness of information technology
penyelenggaraan dan kesiapan infrastruktur teknologi informasi. Pelaksanaan   infrastructure. The implementation of these duties and responsibilities was
tugas dan tanggung jawab tersebut didukung oleh penyelenggaraan               supported by 3 meetings held during 2025.
rapat sebanyak 3 kali selama tahun 2025.

Selanjutnya, Komite Kredit telah membantu Direksi untuk melakukan             Furthermore, the Credit Committee assisted the Board of Directors in
evaluasi dan memutuskan permohonan kredit untuk jumlah dan atau jenis         evaluating and deciding on credit applications for specific amounts and/
kredit tertentu yang ditetapkan. Hal ini ditunjukkan dengan penyelenggaraan   or types of credit. This was demonstrated by the 10 meetings held during
rapat komite tersebut sebanyak 10 kali selama tahun 2025 pelaksanaan          2025, covering the implementation of new credit decisions, credit extensions,
putusan kredit baru, perpanjangan kredit, restrukturisasi kredit, dan         credit restructuring, and loan settlements. Finally, the Product Committee
penyelesaian kredit. Terakhir, Komite Produk juga telah memberikan            also provided assistance to the Board of Directors regarding, among other
bantuan kepada Direksi terkait antara lain terkait dengan pengembangan        things, product development. Commitment to the implementation of these
produk. Komitmen atas pelaksanaan tugas dan tanggung jawab tersebut           duties and responsibilities is supported by holding 13 meetings in addition
didukung oleh penyelenggaraan rapat sebanyak 13 kali disamping                to implementing the development of various Bank products.
pelaksanaan pengembangan beragam produk Bank.




Transparansi Informasi Terkait Dewan Komisaris dan Direksi
Transparency of Information Related to the Board of Commissioners and the
Board of Directors

Penjelasan di bawah ini akan menyajikan transparansi informasi yang           The explanation below will present transparency of information related to
terkait antara Dewan Komisaris dan Direksi tetapi belum dijelaskan pada       the Board of Commissioners and the Board of Directors but has not been
bagian Dewan Komisaris dan Direksi yakni terkait:                             explained in the Board of Commissioners and the Board of Directors section:
•    Kriteria, seleksi, dan nominasi serta masa jabatan Dewan Komisaris       •    Criteria, selection, nomination, and term of office of the Board of
     dan Direksi;                                                                  Commissioners and Board of Directors;
•    Hubungan kerja Dewan Komisaris dan Direksi;                              •    Working relationship between the Board of Commissioners and the
                                                                                   Board of Directors;
•   Keberagaman komposisi Dewan Komisaris dan Direksi;                        •    Diversity in the composition of the Board of Commissioners and Board
                                                                                   of Directors;
•   Pengungkapan hubungan afiliasi antara Direksi, Dewan Komisaris,           •    Disclosure of affiliated relationships between the Board of Directors,
    dan Pemegang Saham Utama dan/atau Pengendali;                                  Board of Commissioners, and Major and/or Controlling Shareholders;
•   Pengungkapan rangkap jabatan Dewan Komisaris dan Direksi;                 •    Disclosure of concurrent positions of the Board of Commissioners and
                                                                                   Board of Directors;
•   Pengungkapan kepemilikan saham Dewan Komisaris dan Direksi;               •    Disclosure of share ownership of the Board of Commissioners and
                                                                                   Board of Directors;
•   Rapat Gabungan;                                                           •    Joint Meeting
•   Penilaian kinerja Dewan Komisaris dan Direksi; dan                        •    Performance assessment of the Board of Commissioners and Board
                                                                                   of Directors; and
•   Remunerasi Dewan Komisaris dan Direksi.                                   •    Remuneration of the Board of Commissioners and Board of Directors.



Kriteria, Seleksi dan Nominasi Serta Masa Jabatan Dewan Komisaris dan Direksi
Criteria, Selection and Nomination and Term of Office of The Board of Commissioners and Board of
Directors [GRI 2-10]

Kriteria Anggota Dewan Komisaris dan                                          Criteria for Members of the Board of
Direksi                                                                       Commissioners and Board of Directors

Anggaran dasar terkini Bank Raya yang ditetapkan berdasarkan Akta No.         Bank Raya’s latest Articles of Association, as outlined under Deed No. 18
18 tanggal 17 Juli 2025 menetapkan syarat bahwa individu yang memenuhi        dated July 17, 2025, stipulates that individuals who meet the requirements
persyaratan pada saat diangkat dan selama menjabat sebagai Dewan              upon appointment and during serving as Board of Commissioners must
Komisaris adalah mempunyai akhlak, moral dan integritas yang baik,            have good morals, ethics, and integrity, be capable of performing legal
cakap melakukan perbuatan hukum, dan dalam waktu 5 (lima) tahun               acts. Within the 5 (five) years prior to appointment and during serving, they
sebelum pengangkatan dan selama menjabat tidak pernah dinyatakan              must have never been declared bankrupt, have never been a member of
pailit, tidak pernah menjadi anggota Direksi dan/atau anggota Dewan           the Board of Directors and/or a member of the Board of Commissioners
Komisaris yang dinyatakan bersalah menyebabkan suatu perusahaan               who has been found guilty of causing a company to be declared bankrupt,




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        Performance Highlights                Management Report                   Company Profile                       Overview of Business Support Units




dinyatakan pailit, tidak pernah dihukum karena melakukan tindak pidana      have never been convicted of committing a crime that is detrimental to
yang merugikan keuangan negara dan/atau yang berkaitan dengan               the state finances and/or related to the financial sector.
sektor keuangan.

Persyaratan lainnya adalah tidak menjabat sebagai Anggota Dewan             Other requirements are not serving as a member of the Board of Commissioners
Komisaris pada Perseroan selama 2 (dua) periode berturut-turut, memiliki    of the Company for two (2) consecutive periods, having a commitment to
komitmen untuk mematuhi peraturan perundang-undangan, memiliki              comply with laws and regulations, knowledge and/or expertise in the field
pengetahuan dan/atau keahlian di bidang yang dibutuhkan Bank, bukan         required by the Bank, and not being a person having a job or having the
merupakan orang yang bekerja atau mempunyai wewenang dan tanggung           authority and responsibility to plan, lead, control, or supervise the Bank's
jawab untuk merencanakan, memimpin, mengendalikan, atau mengawasi           activities within the last 6 (six) months, except for reappointment as an
kegiatan Bank dalam waktu 6 (enam) bulan terakhir, kecuali untuk            Independent Commissioner of the Bank for the following period. In addition,
pengangkatan kembali sebagai Komisaris Independen Bank pada periode         they do not have shares either directly or indirectly in the Bank, do not have
berikutnya. Selain itu, tidak mempunyai saham baik langsung maupun          an affiliated relationship with the Bank, members of the Board of
tidak langsung pada Bank, tidak mempunyai hubungan Afiliasi dengan          Commissioners, members of the Board of Directors, or major shareholders
Bank, anggota Dewan Komisaris, anggota Direksi, atau pemegang saham         of the Company, and have no direct or indirect business relationships related
utama Perseroan, tidak mempunyai hubungan usaha baik langsung               to the Bank's business activities.
maupun tidak langsung yang berkaitan dengan kegiatan usaha Bank.


Kriteria Anggota Direksi                                                    Criteria for Board of Directors’ Members
POJK Penerapan Tata Kelola bagi Bank Umum menetapkan bahwa                  POJK on the Implementation of Governance for Commercial Banks stipulates
anggota Direksi merupakan orang perseorangan yang memenuhi persyaratan      that the Board of Directors’ members must be individuals who meet OJK’s
persetujuan OJK. Selanjutnya, anggota Direksi yang telah memenuhi           approval requirements. Furthermore, the Board of Directors’ members who
persyaratan persetujuan OJK wajib memiliki integritas, kompetensi, dan      have obtained OJK’s approval requirements must have integrity, competence,
reputasi yang baik. Selanjutnya, menurut POJK tersebut, anggaran dasar      and good reputation. Furthermore, according to POJK, the articles of
Bank Umum menetapkan kriteria anggota Direksi.                              association of Commercial Banks stipulate the criteria for the Board of
                                                                            Directors’ members.

Berdasarkan anggaran dasar Bank Raya, calon anggota Direksi Bank raya       Based on Bank Raya's articles of association, candidates for the Board of
adalah individu yang memenuhi persyaratan pada saat diangkat dan            Directors’ members are individuals who, upon appointment and during
selama menjabat mempunyai akhlak, moral dan integritas yang baik;           serving, meet the requirements of good morals, ethics and integrity; are
berdomisili di Indonesia; cakap melakukan perbuatan hukum; dan dalam        domiciled in Indonesia; are capable of performing legal acts; and, within
waktu 5 (lima) tahun sebelum pengangkatan dan selama menjabat tidak         the 5(five) years prior to their appointment and during serving, have never
pernah dinyatakan pailit, tidak pernah menjadi anggota Direksi dan/atau     been declared bankrupt, have never been a member of the Board of
anggota Dewan Komisaris yang dinyatakan bersalah menyebabkan suatu          Directors and/or a member of the Board of Commissioners who has been
perusahaan dinyatakan pailit; tidak pernah dihukum karena melakukan         found guilty of causing a company to be declared bankrupt, have never
tindak pidana yang merugikan keuangan negara dan/atau yang berkaitan        been convicted of committing a crime that is detrimental to the state
dengan sektor keuangan.                                                     finances and/or related to the financial sector.

Selain itu, tidak pernah menjadi anggota Direksi dan/atau anggota Dewan     Furthermore, they have never been a member of the Board of Directors
Komisaris yang selama menjabat pernah tidak menyelenggarakan RUPS           and/or a member of the Board of Commissioners who, during serving, are
tahunan; pertanggungjawabannya sebagai anggota Direksi dan/atau             ever failed to hold an annual GMS; have had their accountability as a
anggota Dewan Komisaris pernah tidak diterima oleh RUPS atau pernah         member of the Board of Directors and/or a member of the Board of
tidak memberikan pertanggung jawaban sebagai anggota Direksi dan/           Commissioners failed to be accepted by the GMS; or have failed to provide
atau anggota Dewan Komisaris kepada RUPS. Selain itu, tidak pernah          accountability as a member of the Board of Directors and/or a member of
menjadi anggota Direksi dan/atau anggota Dewan Komisaris yang selama        the Board of Commissioners to the GMS. Furthermore, they must not have
menjabat pernah menyebabkan perusahaan yang memperoleh izin,                been a member of the Board of Directors and/or a member of the Board
persetujuan atau pendaftaran dari OJK tidak memenuhi kewajiban              of Commissioners who, during serving, caused a company that obtained
menyampaikan laporan tahunan dan/atau laporan keuangan kepada               a permit, approval, or registration from OJK to fail to fulfill its obligation to
OJK.                                                                        submit an annual report and/or financial statements to OJK.

Selain itu, kriteria lainnya adalah tidak sedang menduduki jabatan yang     Furthermore, other criteria include not currently holding a position that,
berdasarkan peraturan perundang-undangan dilarang untuk dirangkap           based on laws and regulations, is prohibited from being held concurrently
dengan jabatan anggota Direksi, kecuali menandatangani surat pernyataan     as members of the Board of Directors, unless they sign a statement of
bersedia mengundurkan diri dari jabatan tersebut jika terpilih sebagai      willingness to resign from that position if elected as a member of the Board
anggota Direksi. Selanjutnya, tidak menjabat sebagai anggota Direksi pada   of Directors. Furthermore, not having served as a member of the Board of
perusahaan yang bersangkutan selama 2 (dua) periode berturut-turut,         Directors at the company concerned for 2 (two) consecutive periods, having
memiliki komitmen untuk mematuhi peraturan perundang-undangan;              a commitment to comply with laws and regulations; having knowledge
memiliki pengetahuan dan/atau keahlian di bidang yang dibutuhkan            and/or expertise in the field required by Bank Raya.
Bank Raya.


Mekanisme Seleksi dan Nominasi Dewan                                        Selection and Nomination Mechanism for
Komisaris dan Direksi                                                       the Board of Commissioners and Board of
                                                                            Directors
Anggaran dasar Bank Raya yang terakhir kali dituangkan dalam Akte No.       Bank Raya's latest Articles of Association contained in Deed No. 18 dated
18 tanggal 17 Juli 2025 menetapkan bahwa setiap usulan penggantian          July 17, 2025, stipulates that any proposal to replace and/or appoint
dan/atau pengangkatan anggota Dewan Komisaris dan Direksi kepada            members of the Board of Commissioners and Board of Directors to the GMS




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       Analisis dan Pembahasan Manajemen                Tata Kelola Perusahaan                Laporan Keberlanjutan                  Laporan Keuangan Audit
       Management Discussion and Analysis               Good Corporate Governance             Sustainability Report                  Audited Financial Report




RUPS wajib mendapatkan dan memperhatikan rekomendasi dari komite              must obtain and consider the recommendation of the committee responsible
yang membawahi fungsi remunerasi nominasi Bank. Sehubungan dengan             for the Bank's nomination and remuneration function. In this regard, the
hal tersebut, Komite Nominasi dan Remunerasi melakukan pembahasan             Nomination and Remuneration Committee discusses the candidates for
terkait calon anggota Dewan Komisaris dan Direksi. Selanjutnya, nama          the Board of Commissioners and Board of Directors. The names of prospective
calon anggota Dewan Komisaris dan Direksi diajukan kepada Dewan               members of the Board of Commissioners and Board of Directors are then
Komisaris untuk dimintakan persetujuannya pada saat RUPS.                     submitted to the Board of Commissioners for approval at the GMS.

Selain memenuhi kriteria anggota Dewan Komisaris dan Direksi di atas,         In addition to meeting the criteria for members of the Board of Commissioners
pengangkatan anggota Dewan Komisaris dan Direksi dilakukan dengan             and Board of Directors mentioned above, members of the Board of
mempertimbangkan integritas, dedikasi, pemahaman mengenai masalah-            Commissioners and Board of Directors are appointed by considering
masalah manajemen Perusahaan yang berkaitan dengan salah satu fungsi          integrity, dedication, understanding of Company management issues
manajemen, memiliki pengetahuan yang memadai di bidang usaha Bank             related to one of the management functions, having adequate knowledge
Raya, dan dapat menyediakan waktu yang cukup untuk melaksanakan               of Bank Raya's business field, and being able to provide sufficient time to
tugasnya serta persyaratan lain berdasarkan Peraturan Perundang.              carry out the duties, as well as other requirements stipulated in laws and
Pengangkatan anggota Dewan Komisaris tidak bersamaan waktunya                 regulations. The appointment of the Board of Commissioners’ members
dengan pengangkatan anggota Direksi.                                          does not coincide with the appointment of the Board of Directors’ members.

Adapun mekanisme nominasi anggota Dewan anggota Dewan Komisaris               The mechanism for nominating members of the Board of Commissioners
dan Direksi digambarkan pada bagan berikut ini:                               and Board of Directors is described in the following chart:


      Usulan | Proposal                     Pembahasan | Discussion                 Pengajuan | Submission                       Persetujuan | Approval


         Pemegang Saham
            Pengendalian
       Controlling Shareholders

                                                 Komite Nominasi &
                                                    Remunerasi                           Dewan Komisaris                                   RUPS
                                                  Nomination and                        Board of Committee                                 GMS
                                               Remuneration Committee


           Sumber Lain
           Other Sources




Masa Jabatan Dewan Komisaris dan                                              Term of Office of the Board of
Direksi                                                                       Commissioners and Directors

POJK Penerapan Tata Kelola bagi Bank Umum menetapkan bahwa Bank               POJK on the Implementation of Governance for Commercial Banks stipulates
Umum menetapkan dalam anggaran dasar mengenai periode masa                    that Commercial Banks stipulate in its articles of association the term of
jabatan anggota Dewan Komisaris dan Direksi paling lama 5 (lima) tahun        office of members of the Board of Commissioners and Directors to a
untuk 1 (satu) periode masa jabatan yang dimulai sejak tanggal efektif        maximum of 5 (five) years for one term, commencing on the effective date
pengangkatan anggota Direksi oleh RUPS. Sejalan dengan ketentuan              of the appointment of the Board of Directors’ members by the GMS. In line
tersebut, anggaran dasar terkini serta Piagam Dewan Komisaris dan Direksi     with this provision, the latest articles of association and Charter of Board of
Bank Raya, menetapkan bahwa para anggota Dewan Komisaris dan                  Commissioners and Board of Directors of Bank Raya stipulate that members
Direksi yang telah memenuhi persyaratan sesuai dengan peraturan               of the Board of Commissioners and Board of Directors who have met the
perundang-undangan yang berlaku diangkat oleh RUPS untuk jangka               requirements in line with applicable laws and regulations are appointed
waktu 3 (tiga) tahun dan dapat diangkat kembali untuk 1 (satu) kali masa      by the GMS for a term of 3 (three) years and may be reappointed for one
jabatan setelah masa jabatan 3 (tiga) tahun pertama berakhir, dengan          further term after the expiration of the first three-year term, without prejudice
tidak mengurangi hak dari RUPS untuk memberhentikannya sewaktu-waktu.         to the GMS's right to dismiss them at any time.

Selain itu, jabatan anggota Dewan Komisaris dan Direksi berakhir apabila      Moreover, the term of office of members of the Board of Commissioners and
pengunduran dirinya dinyatakan telah efektif, meninggal dunia, masa           Board of Directors ends if their resignation is declared effective, they pass
jabatannya berakhir, diberhentikan berdasarkan keputusan RUPS, dinyatakan     away, their term of office ends, they are dismissed based on the GMS
pailit oleh Pengadilan Niaga yang telah mempunyai kekuatan hukum              resolutions, they are declared bankrupt by a Commercial Court that has
yang tetap atau ditaruh dibawah pengampuan berdasarkan suatu keputusan        permanent legal force or they are placed under guardianship based on a
pengadilan, atau tidak lagi memenuhi persyaratan sebagai anggota              court decision, or they no longer fulfill the requirements as members of the
Dewan Komisaris dan Direksi berdasarkan ketentuan Anggaran Dasar dan          Board of Commissioners and Board of Directors based on the provisions of
Peraturan Perundang Undangan.                                                 the Articles of Association and Laws and Regulations.



Hubungan Kerja Dewan Komisaris dan Direksi
Work Relationship Between the Board of Commissioners and Board of Directors
Anggaran Dasar Bank Raya menjelaskan hubungan kerja antara Direksi            Bank Raya's Articles of Association explain the work relationship between
dengan Dewan Komisaris dalam pelaksanaan tugas dan masing-masing              the Board of Directors and the Board of Commissioners in carrying out
organ Perusahaan. Selain menjalankan fungsi utama terkait pengelolaan         duties and each organ of the Company. In addition to carrying out the
Bank, Direksi Bank Raya juga melakukan fungsi pengelolaan data dan            main functions related to managing the Bank, Bank Raya’s Board of Directors
informasi sesuai dengan Tata Kelola yang Baik dan ketentuan peraturan         also manages data and information in line with Good Governance and




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        Performance Highlights                       Management Report                               Company Profile                            Overview of Business Support Units




perundang-undangan. Hal ini dilakukan supaya Bank Raya memiliki data                          provisions of laws and regulations. The aim is so that Bank Raya has accurate,
dan informasi yang akurat, relevan, dan tepat waktu yang dibutuhkan                           relevant, and timely data and information needed in the Bank's management
dalam proses pengelolaan Bank.                                                                process.

Pengelolaan data dan informasi tersebut diperlukan ketika Dewan Komisaris                     This data and information management is necessary when the Bank's
Bank meminta data dan informasi yang relevan dalam rangka menjalankan                         Board of Commissioners requests relevant data and information in order
fungsi pengawasan. Sebagai wujud pertanggung jawaban atas permintaan                          to carry out its supervisory function. As a form of accountability for these
data dan informasi tersebut, maka Dewan Komisaris Bank Raya harus                             data and information requests, Bank Raya’s Board of Commissioners must
menjaga segala data dan informasi terkait Bank yang disampaikan oleh                          safeguard all data and information related to the Bank submitted by the
Direksi, dan sesuai dengan ketentuan peraturan perundang-undangan.                            Board of Directors, in line with provisions of laws and regulations.

Hubungan kerja formal lainnya antara Dewan Komisaris dan Direksi                              Other formal work relationships between the Board of Commissioners and
diwujudkan dengan partisipasi Direksi dan/atau pejabat lainnya di bawah                       Board of Directors are realized with the participation of the Board of Directors
Direksi dengan sepengetahuan Direksi untuk menghadiri rapat Dewan                             and/or other officials under the Board of Directors with the consent of the
Komisaris jika diundang oleh Dewan Komisaris. Selain itu, ketentuan                           Board of Directors to attend the Board of Commissioners’ meeting if invited
Anggaran Dasar lainnya yakni Direksi wajib mengadakan rapat Direksi                           by the Board of Commissioners. In addition, other provisions of the Articles
bersama Dewan Komisaris secara berkala paling kurang 1 (satu) kali dalam                      of Association are that the Board of Directors must hold a Board of Directors’
4 (empat) bulan.                                                                              meeting with the Board of Commissioners periodically at least 1 (one) time
                                                                                              in 4 (four) months.

Selain itu, sebagai organ utama dari Bank Raya, Dewan Komisaris dan                           Moreover, as Bank Raya’s main organ, the Board of Commissioners and
Direksi juga mewujudkan kode atik Bank dalam menjalankan tugas dan                            Board of Directors also embody the Bank's code of conduct in carrying out
tanggung jawab ke dalam kegiatan sehari-hari karena perilaku setiap                           daily duties and responsibilities due to the behavior of every Bank employee
insan Bank mencerminkan etika bisnis sebagaimana diatur dalam Kode                            reflects the business ethics as regulated in the Code of Conduct. The
Etik. Adapun elemen-elemen kode etik terkait yang dilakukan oleh Dewan                        elements of related code of conduct carried out by the Board of Commissioners
Komisaris dan Direksi adalah menghindarkan diri dari keterlibatan dalam                       and Board of Directors are to avoid involvement in decision making
pengambilan keputusan terdapat benturan kepentingan.                                          containing conflict of interest.

Kebijakan Bank Raya dalam hal benturan kepentingan didasarkan pada                            Bank Raya's policy on conflict of interest is based on the principle that every
prinsip bahwa setiap keputusan yang Dewan Komisaris dan Direksi harus                         decision made by the Board of Commissioners and Board of Directors must
diambil semata-mata bagi kepentingan terbaik. Dewan Komisaris dan                             be made solely in the best interests of the Bank. The Board of Commissioners
Direksi dilarang menepatkan diri pada posisi atau situasi yang dapat                          and Board of Directors are prohibited from placing themselves in positions
menimbulkan benturan kepentingan antara dirinya dengan Bank Raya                              or situations that could raise conflict of interest between themselves and
atau dengan nasabah.                                                                          Bank Raya or with customers.



Keberagaman Komposisi Dewan Komisaris dan Direksi
Composition Diversity of The Board of Commissioners and Board of Directors
Anggaran Dasar Bank Raya menetapkan bahwa penggantian dan/atau                                Bank Raya's Articles of Association stipulate that the replacement and/or
pengangkatan anggota Dewan Komisaris dan Direksi memperhatikan                                appointment of members of the Board of Commissioners and Board of
aspek keberagaman selain mengedepankan komposisi secara profesional,                          Directors must consider diversity, in addition to prioritizing professionalism,
independensi, kesesuaian kompetensi yang dibutuhkan secara tepat dalam                        independence, and appropriate competency requirements for the proper
pelaksanaan tugas kedua organ utama Bank tersebut. Oleh karena itu,                           execution of the duties of these two main organs of the Bank. Therefore, the
komposisi Dewan Komisaris dan Direksi Bank Raya disusun sedemikian                            composition of the Board of Commissioners and Board of Directors of Bank
rupa supaya proses pengambilan keputusan dapat diperkaya dengan                               Raya is compiled in such a way that the decision-making process can be
beragam sudut pandang dan latar belakang serta pengalaman dan                                 enriched with diverse perspectives, backgrounds, experiences, and expertise.
keahlian. Meski demikian, komposisi Dewan Komisaris dan Direksi tersebut                      However, the composition of the Board of Commissioners and Board of
disusun dengan tetap memperhatikan ketentuan yang ditetapkan oleh                             Directors is compiled while still considering the provisions set by the regulator,
regulator yakni POJK Penerapan Tata Kelola bagi Bank Umum.                                    which is POJK on the Implementation of Governance for Commercial Banks.

Sejalan dengan ketentuan OJK tersebut, Bank Raya berpedoman pada                              In line with these OJK provisions, Bank Raya is guided by internal provisions,
ketentuan internal yakni Anggaran Dasar, Kebijakan Umum Penerapan                             which are the Articles of Association, General Policy on GCG Implementation,
GCG, serta Piagam Dewan Komisaris dan Direksi dalam penyusunan                                and the Charter of the Board of Commissioners and Board of Directors, in
komposisi dan nomenklatur Dewan Komisaris dan Direksi. Tabel berikut ini                      developing the composition and nomenclature of the Board of Commissioners
menjelaskan keberagaman Dewan Komisaris dan Direksi yang menjabat                             and Board of Directors. The following table explains the diversity of the
hingga 31 Desember 2025.                                                                      Board of Commissioners and Board of Directors serving until December 31,
                                                                                              2025.


 Keberagaman Komposisi Dewan Komisaris
 Diversity of Board of Commissioners’ Composition

 Riwayat Pendidikan                  Kapabilitas anggota Dewan Komisaris Bank Raya didukung oleh latar belakang pendidikan yang terdiversifikasi dari teknologi pertanian,
                                     agribisnis, ekonomi, manajemen, sumber daya manusia, dan akuntansi dari level S1 hingga S2. Gelar akademik tersebut diperoleh dari
                                     universitas dalam dan luar negeri. Keberagaman latar belakang tersebut sangat diperlukan dalam menjalankan fungsi pengawasan atas
                                     pengelolaan Bank oleh Dewan Komisaris dari berbagai sudut pandang.

 Educational background              The capabilities of Bank Raya's Board of Commissioners’ members are supported by a diversified educational background from agricultural technology,
                                     agribusiness, economics, management, human resources, and accounting, from Bachelor’s to Master’s degree levels. These academic degrees
                                     were obtained from domestic and foreign universities. The diversity of backgrounds is very necessary in carrying out the supervisory function of the
                                     management of the Bank by the Board of Commissioners from various perspectives.




342 PT Bank Raya Indonesia Tbk
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        Analisis dan Pembahasan Manajemen                       Tata Kelola Perusahaan                           Laporan Keberlanjutan                      Laporan Keuangan Audit
        Management Discussion and Analysis                      Good Corporate Governance                        Sustainability Report                      Audited Financial Report




Keberagaman Komposisi Dewan Komisaris
Diversity of Board of Commissioners’ Composition

Usia                                  Anggota Dewan Komisaris Bank berusia antara 59-61 tahun pada akhir tahun buku 2025. Cakupan umur tersebut menunjukkan kematangan
                                      dan merefleksikan rekam jejak yang lama di industri perbankan Indonesia yang sangat dibutuhkan oleh Bank Raya untuk menjaga
                                      kelangsungan bisnis dan mencapai pertumbuhan berkelanjutan di masa mendatang.

Age                                   Members of the Bank's Board of Commissioners are between 58-60 years old at the end of the 2025 Fiscal Year. This age range shows
                                      maturity and reflects a long track record in the Indonesian banking industry, which is very much needed by Bank Raya to maintain business
                                      continuity and achieve sustainable growth in the future.
Karir dan pengalaman                  Semua anggota Dewan Komisaris Bank Raya memiliki rekam jejak karir dan pengalaman kerja di industri perbankan dan semua pernah
                                      memiliki di entitas induk Perusahaan. Hal ini sangat diperlukan untuk pengawasan atas implementasi strategi Bank sekaligus menjaga
                                      implementasi strategi Bank Raya tersebut sejalan dengan kebijakan strategis entitas induk.

Career and experience                 All members of Bank Raya's Board of Commissioners have a track record of careers and work experience in the banking industry, all having
                                      previously served at the parent company. This is essential for overseeing the implementation of the Bank's strategy and ensuring its alignment
                                      with the parent company's strategic policies.
Keahlian                              Selain sertifikasi manajemen risiko perbankan, anggota Dewan Komisaris memiliki sertifikasi keahlian yang beragam yang terdiri dari
                                      Indonesia Internal Audit Practitioner (IIAP), Certified Risk Governance Professional (CRGP), Certified Risk Management Assurance (CRMA),
                                      Certified Fraud Examiner (CFE), Qualified Internal Auditor (QIA), Certified Wealth Manager (CWM), Sertifikasi Kepatuhan Perbankan, dan
                                      Sertifikasi Asesor Compliance Manager. Beragam keahlian anggota Dewan Komisaris ini sangat dibutuhkan untuk mendukung pelaksanaan
                                      pengawasan atas pengelolaan Bank.

Skill                                 In addition to banking risk management certification, members of the Board of Commissioners have various expertise certifications consisting of
                                      Indonesia Internal Audit Practitioner (IIAP), Certified Risk Governance Professional (CRGP), Certified Risk Management Assurance (CRMA), Certified
                                      Fraud Examiner (CFE), Qualified Internal Auditor (QIA), Certified Wealth Manager (CWM), Banking Compliance Certification, and Compliance
                                      Manager Assessor Certification. The various expertise of the members of the Board of Commissioners is very much needed to support the implementation
                                      of supervision over the management of the Bank.
Jenis Kelamin                         Bank Raya mengakomodir kesetaraan gender dengan tetap mempertahankan kualitas dan kapabilitas individu untuk menduduki posisi
                                      tertentu termasuk sebagai anggota Dewan Komisaris. Secara persentase, keterwakilan perempuan dalam Dewan Komisaris Perusahaan
                                      mencapai 25%.

Gender                                Bank Raya accommodates gender equality by maintaining the quality and capabilities of individuals to occupy certain positions, including
                                      as members of the Board of Commissioners. In percentage terms, female representation in the Bank's Board of Commissioners reaches
                                      25%.



Keberagaman Komposisi Direksi
Diversity of Board of Directors’ Composition

Riwayat Pendidikan                    Anggota Direksi memiliki latar belakang pendidikan yang beragam yakni peternakan, agribisnis, ekonomi, akuntansi, manajemen, teknik
                                      penerbangan, teknologi informasi, teknik elektro, dan telekomunikasi. Gelar akademik yang diperoleh anggota Direksi adalah S1 hingga
                                      S2 dari universitas di dalam dan luar negeri. Latar belakang yang beragam tersebut dibutuhkan untuk mendukung ekspansi bisnis Bank
                                      dan pengembangan layanan perbankan digital

Educational background                The Board of Directors’ members have diverse educational backgrounds, such as animal husbandry, agribusiness, economics, accounting,
                                      management, aviation engineering, information technology, electrical engineering, and telecommunications. The academic degrees obtained
                                      by the Board of Directors’ members are Bachelor’s to Master’s degree from domestic and foreign universities. These diverse backgrounds are
                                      needed to support the Bank's business expansion and the development of digital banking services.
Usia                                  Anggota Direksi beruasia antara 40-59 tahun pada akhir tahun buku 2023. Cakupan umur tersebut menunjukkan kematangan dan
                                      merefleksikan rekam jejak di industri perbankan sekaligus untuk mengakomodir perkembangan teknologi informasi yang berkembang
                                      cepat yang turut berpengaruh terhadap layanan perbankan digital.

Age                                   Members of the Board of Directors are between 40-59 years old at the end of the 2023 Fiscal Year. This age range shows maturity and reflects
                                      a track record in the banking industry as well as to accommodate the rapid development of information technology which also influences
                                      digital banking services.
Karir dan pengalaman                  Semua anggota Direksi memiliki rekam jejak yang panjang dan teruji di industri perbankan serta pernah berkarir di Bank BRI selaku entitas
                                      induk. Hal ini menunjukkan suksesi kepemimpinan yang berhasil dari Group BRI sehingga mampu memperkuat sinergi bisnis dengan
                                      entitas induk.

Career and experience                 All members of the Board of Directors have long and proven track records in the banking industry and have had careers at Bank BRI as
                                      the parent entity. This shows the successful leadership succession of BRI Group so that it is able to strengthen business synergy with the
                                      parent entity.
Keahlian                              Anggota Direksi memiliki beragam keahlian yang beragam untuk memperkuat fungsi pengelolaan Bank Raya. Selain sertifikasi manajemen
                                      risiko, anggota Direksi juga mempunyai sertifikasi lainnya yakni Sertifikasi Kepatuhan, Certified Data Management Professional (BRI),
                                      BRILiaN Specialist Development Program (BSDP) for Senior Leader Regional Office, Audit Intern Wilayah & Head Office, dan BRILiaN
                                      Specialist Development Program (BSDP) for World Class Wholesale Banking.

Skill                                 The Board of Directors’ members have various expertise to strengthen Bank Raya’s management function. In addition to risk management
                                      certification, the Board of Directors’ members also have other certifications, including Compliance Certification, Certified Data Management
                                      Professional (BRI), BRILiaN Specialist Development Program (BSDP) for Senior Leader Regional Offices, Internal Audit for Regions & Head
                                      Offices, and BRILiaN Specialist Development Program (BSDP) for World Class Wholesale Banking.
Jenis Kelamin                         Bank Raya mengakomodir kesetaraan gender dengan tetap mempertahankan kualitas dan kapabilitas individu untuk menduduki posisi
                                      tertentu termasuk sebagai anggota Direksi. Secara persentase, keterwakilan perempuan dalam Dewan Komisaris Perusahaan mencapai
                                      25%.

Gender                                Bank Raya accommodates gender equality by maintaining the quality and capabilities of individuals to occupy certain positions including
                                      as the Board of Directors’ members. In percentage terms, female representation in the Bank’s Board of Commissioners reaches 25%.




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         Ikhtisar Kinerja                                Laporan Manajemen                       Profil Perusahaan                         Tinjauan Pendukung Bisnis
         Performance Highlights                          Management Report                       Company Profile                           Overview of Business Support Units




Pengungkapan Hubungan Afiliasi Antara Direksi, Dewan Komisaris, dan Pemegang
Saham Utama dan/atau Pengendali
Disclosure of Affiliate Relationships Amongthe Board of Directors, Board of Commissioners, and Major
and/or Controlling Shareholders

Antara para anggota Direksi dan antara anggota Direksi dengan anggota                     Among the Board of Directors’ members and between the Board of Directors’
Dewan Komisaris Bank Raya dilarang memiliki hubungan keluarga sampai                      members and Board of Commissioners’ members of Bank Raya are prohibited
dengan derajat ketiga, baik menurut garis lurus maupun garis ke samping,                  from having family relationships up to the third degree, either vertically or
termasuk hubungan yang timbul karena perkawinan. Hal yang sama                            horizontally, including relationships arising from marriage. The same applies
berlaku juga untuk anggota Dewan Komisaris. Selanjutnya, mayoritas                        to the Board of Commissioners’ members. Furthermore, the majority of Bank
anggota Direksi Bank Raya dilarang saling memiliki hubungan keluarga                      Raya’s Board of Directors’ members are prohibited from having family
sampai derajat kedua dengan sesama anggota Direksi dan/atau dengan                        relationships up to the second degree with fellow Board of Directors’
anggota Dewan Komisaris. Hal ini juga berlaku untuk anggota Dewan                         members and/or Board of Commissioners’ members. This also applies to
Komisaris.                                                                                the Board of Commissioners’ members

Selain itu, diatur pula bahwa Dewan Komisaris tidak mempunyai saham                       Moreover, it is stipulated that the Board of Commissioners does not have
baik langsung maupun tidak langsung pada Bank Raya; tidak mempunyai                       shares, either directly or indirectly, in Bank Raya; does not have an Affiliated
hubungan Afiliasi dengan Bank, anggota Dewan Komisaris, anggota Direksi,                  relationship with the Bank, Board of Commissioners’ members, Board of
atau pemegang saham utama Bank Raya. Dewan Komisaris juga dilarang                        Directors’ members, or major shareholders of Bank Raya. The Board of
mempunyai hubungan usaha baik langsung maupun tidak langsung yang                         Commissioners is also prohibited from having any direct or indirect business
berkaitan dengan kegiatan usaha Bank.                                                     relationships related to the Bank's business activities.

Tabel dibawah ini merupakan ringaksan dari pengungkapan hubungan                          The table below is a summary of disclosure of affiliated relationships among
afiliasi antara Direksi, Dewan Komisaris, dan Pemegang saham Utama                        the Board of Directors, Board of Commissioners, and the Major and/or
dan/atau Pengendali yang telah disajikan di bab Profil Perusahaan bagian                  Controlling Shareholder, which have been presented in the Company
profil Dewan Komisaris dan Direksi:                                                       Profile chapter, section on the profiles of Board of Commissioners and Board
                                                                                          of Directors:


                                                                                                                          Hubungan Afiliasi Dengan
                                                                                                                          Affiliate Relationship With
              Nama                                            Posisi
              Name                                           Position
                                                                                                    Dewan Komisaris                 Direksi              Pemegang Saham
                                                                                                 Board of Commissioners        Board of Directors          Shareholders

 Dewan Komisaris
 Board of Commissioners
 Muhamad Sidik Heruwibowo         Komisaris Utama                                                          x                           x                         x
                                  President Commissioner
 Retno Wahyuni Wijayanti          Komisaris Independen                                                     x                           x                         x
                                  Independent Commissioner
 Johanes Kuntjoro Adisardjono     Komisaris Independen                                                     x                           x                         x
                                  Independent Commissioner
 Nyimas Dewi Ratih Kamil          Komisaris                                                                x                           x                         x
                                  Commissioner
 Direksi
 Board of Directors
 Ida Bagus Ketut Subagia          Direktur Utama                                                           x                           x                         x
                                  President Director
 Rustarti Suri Pertiwi            Direktur Keuangan                                                        x                           x                         x
                                  Director of Finance
 Danar Widyantoro                 Direktur Manajemen Risiko, Kepatuhan dan Sumber Daya Manusia             x                           x                         x
                                  Director of Enterprise Risk Management, Compliance and
                                  Human Resources
 Kicky Andrie Davetra             Direktur Bisnis                                                          x                           x                         x
                                  Director of Business
 Lukman Hakim                     Direktur Digital dan Operasional                                         x                           x                         x
                                  Director of Digital and Operations




344 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen               Tata Kelola Perusahaan                 Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis              Good Corporate Governance              Sustainability Report                 Audited Financial Report




Pengungkapan Rangkap Jabatan Dewan Komisaris dan Direksi
Disclosure of Concurrent Positions of the Board of Commissioners and Board of Directors


Ketentuan Rangkap Jabatan Dewan                                               Provisions on Concurrent Positions for the
Komisaris                                                                     Board of Commissioners

Berpedoman pada Anggaran Dasar Bank Raya, anggota Dewan Komisaris             Based on Bank Raya’s Articles of Association, the Board of Commissioners’
tidak melakukan rangkap jabatan sebagai anggota Direksi pada Badan            members do not hold concurrent positions as the Board of Directors’ members
Usaha Milik Negara, Badan Usaha Milik Daerah, Badan Usaha Milik Swasta;       in State-Owned Enterprises, Regional-Owned Enterprises, Private-Owned
jabatan struktural dan fungsional lainnya pada instansi/lembaga pemerintah    Enterprises; other structural and functional positions in central and/or regional
pusat dan/atau daerah; pengurus partai politik, anggota legislatif dan/       government agencies/institutions; political party administrators, legislative
atau kepala dan daerah/wakil kepala daerah; dan calon anggota legislatif      members and/or regional heads/deputy regional heads; and legislative
dan/atau calon kepala daerah/wakil kepala daerah.                             candidates and/or regional head/deputy regional head candidates.

Selain itu, anggota Dewan Komisaris juga tidak merangkap jabatan lainnya      Furthermore, the Board of Commissioners’ members do not hold other
sesuai dengan ketentuan dalam peraturan perundang-undangan yang               concurrent positions, in line with the provisions of applicable laws and
berlaku; jabatan lain yang dapat menimbulkan benturan kepentingan;            regulations; other positions that may cause conflict of interest; and as Board
dan sebagai anggota Direksi, anggota Dewan Komisaris, anggota Dewan           of Directors’ members, Board of Commissioners’ members, Sharia Supervisory
Pengawas Syariah, atau pejabat eksekutif pada lembaga keuangan atau           Board’s members, or executive officers at financial institutions or companies
perseroan yang bergerak pada bidang keuangan, baik dengan kegiatan            engaged in the financial sector, whether with business activities in the form
usaha berupa bank maupun bukan bank.                                          of banks or non-banks.

Anggota Dewan Komisaris juga tidak merangkap sebagai anggota Direksi,         The Board of Commissioners’ members also do not hold concurrent positions
anggota Dewan Komisaris, anggota Dewan Pengawas Syariah, atau                 as Board of Directors’ members, Board of Commissioners’ members, Sharia
pejabat eksekutif pada lebih dari 1 (satu) lembaga atau perseroan yang        Supervisory Board’s members, or executive officers in more than 1 (one)
bukan bergerak pada bidang keuangan, baik yang berkedudukan di                institution or company that is not engaged in the financial sector, whether
dalam maupun di luar negeri. Selain itu, anggota Dewan Komisaris tidak        domiciled in or outside the country. In addition, the Board of Commissioners’
melakukan rangkap jabatan pada bidang tugas fungsional pada lembaga           members do not hold concurrent positions in the functional field of bank
keuangan bank dan/atau lembaga keuangan bukan bank yang                       financial institutions and/or non-bank financial institutions domiciled in or
berkedudukan di dalam maupun di luar negeri. Terakhir, Komisaris Independen   outside the country. Finally, Independent Commissioners are prohibited
dilarang merangkap jabatan sebagai pejabat publik.                            from holding concurrent positions as public officials.

Di sisi lain, menurut Anggaran Dasar, tidak termasuk rangkap jabatan          On the other hand, according to the Articles of Association, it does not include
Dewan Komisaris dalam hal Komisaris Non Independen menjalankan tugas          Board of Commissioners’ concurrent positions in the event that a Non-Independent
fungsional dari pemegang saham Bank Raya yang berbentuk badan-                Commissioner performs functional duties from Bank Raya's shareholders in
hukum pada Bank dan/atau kelompok usaha Bank dan/atau anggota                 the form of legal entities in the Bank and/or the Bank's business group and/
Dewan Komisaris menduduki jabatan pada organisasi atau lembaga                or the Board of Commissioners’ members hold position in non-profit organization
nirlaba, sepanjang tidak mengakibatkan yang bersangkutan mengabaikan          or institution, provided that the person concerned does not neglect performing
pelaksanaan tugas dan tanggung jawab sebagai anggota Dewan Komisaris.         duties and responsibilities as a member of the Board of Commissioners.

Selain itu, terhadap calon anggota Dewan Komisaris yang memiliki jabatan      Moreover, prospective members of the Board of Commissioners who hold
wajib membuat pernyataan untuk menjaga integritas; menghindari segala         positions are required to make a statement to maintain integrity; avoid any
bentuk benturan kepentingan; dan menghindari tindakan yang dapat              form of conflict of interest; and avoid actions that may harm the Company
merugikan Perseroan dan/atau menyebabkan Perseroan melanggar                  and/or cause the Company to violate the principle of prudence, while
prinsip kehati-hatian, selama menjabat sebagai anggota Dewan Komisaris.       serving as the Board of Commissioners’ members.


Ketentuan Rangkap Jabatan Direksi                                             Provisions on Concurrent Positions in the
                                                                              Board of Directors
Anggota Direksi Bank Raya tidak memangku jabatan rangkap sebagai              Bank Raya’s Board of Directors’ members do not hold concurrent positions
anggota Direksi, anggota Dewan Komisaris, anggota Dewan Pengawas              as Board of Directors’ members, Board of Commissioners’ members, Sharia
Syariah, atau pejabat eksekutif pada perseroan dengan kegiatan usaha          Supervisory Board’s members, or executive officers in companies with
perbankan, perseroan, dan/atau lembaga lain. Selain itu, anggota Direksi      banking business activities, companies, and/or other institutions. In addition,
tidak melakukan rangkap jabatan pada bidang tugas fungsional pada             the Board of Directors’ members do not hold concurrent positions in the
lembaga keuangan bank dan/atau lembaga keuangan bukan bank yang               field of functional duties in banking financial institutions and/or non-bank
berkedudukan di dalam maupun di luar negeri; dan pada jabatan lain            financial institutions domiciled in or outside the country; and in other positions
yang dapat menimbulkan benturan kepentingan dalam pelaksanaan                 that may cause a conflict of interest in carrying out duties as the Board of
tugas sebagai anggota Direksi; dan/atau pada jabatan lain sesuai dengan       Directors’ members; and/or in other positions in accordance with the
ketentuan peraturan perundang-undangan.                                       provisions of laws and regulations.

Di sisi lain, tidak termasuk rangkap jabatan anggota Direksi adalah           On the other hand, not included in the concurrent position of the Board of
bertanggung jawab terhadap pengawasan atas penyertaan Bank Raya               Directors’ members is being responsible for supervising Bank Raya's
pada perusahaan anak Bank, menjalankan tugas fungsional menjadi               investment in the Bank’s subsidiary, carrying out functional duties as the




                                                                                      Laporan Tahunan & Laporan Keberlanjutan
                                                                                                  Annual Report & Sustainability Report   2025 345
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         Ikhtisar Kinerja                        Laporan Manajemen                     Profil Perusahaan                    Tinjauan Pendukung Bisnis
         Performance Highlights                  Management Report                     Company Profile                      Overview of Business Support Units




anggota Dewan Komisaris pada entitas anak Bank yang bukan menjalankan            Board of Commissioners’ members in the Bank’s subsidiary that does not
kegiatan usaha bank yang dikendalikan oleh Bank Raya; bertanggung                carry out banking business activities but is controlled by Bank Raya; being
jawab terhadap pengawasan dana pensiun atau menjalankan tugas                    responsible for supervising pension funds or carrying out duties as a
sebagai dewan pengawas dana pensiun yang dimiliki oleh Bank Raya.                supervisory board member of pension funds owned by Bank Raya. In
Selain itu, tidak termasuk rangkap jabatan anggota Direksi, ketika menduduki     addition, not included in the concurrent position of the Board of Directors’
jabatan pada organisasi atau lembaga nirlaba, sepanjang tidak                    members, when holding a position in a non-profit organization or institution,
mengakibatkan yang bersangkutan mengabaikan pelaksanaan tugas                    provided that the person concerned does not neglect performing duties
dan tanggung jawab sebagai anggota Direksi.                                      and responsibilities as the Board of Directors’ member.

Tabel berikut mengungkapkan rangkap jabatan anggota Dewan Komisaris              The following table explains the concurrent positions of members of the
dan Direksi Bank Raya selama tahun 2025:                                         Board of Commissioners and Board of Directors of Bank Raya during 2025:


                                                                                                 Kepengurusan pada Perusahaan/Institusi Lain
                                                                                                 Management in Other Companies/Institutions
                  Nama                                      Posisi
                                                                                Sebagai Anggota Dewan
                  Name                                     Position                                        Sebagai Anggota Direksi
                                                                                        Komisaris                                        Jabatan Lainnya
                                                                                                           As a Member of the Board
                                                                                As a Member of the Board                                  Other Positions
                                                                                                                  of Directors
                                                                                    of Commissioners

 Dewan Komisaris
 Board of Commissioners
 Muhamad Sidik Heruwibowo            Komisaris Utama                                       x                          x                          x
                                     President Commissioner
 Retno Wahyuni Wijayanti             Komisaris Independen                                  x                          √                          x
                                     Independent Commissioner
 Johanes Kuntjoro Adisardjono        Komisaris Independen                                  x                          x                          x
                                     Independent Commissioner
 Nyimas Dewi Ratih Kamil             Komisaris                                             x                          x                          √
                                     Commissioner
 Direksi
 Board of Directors
 Ida Bagus Ketut Subagia             Direktur Utama                                        x                          x                          x
                                     President Director
 Rustarti Suri Pertiwi               Direktur Keuangan                                     x                          x                          x
                                     Director of Finance
 Danar Widyantoro                    Direktur Manajemen Risiko, Kepatuhan dan              x                          x                          x
                                     Sumber Daya Manusia
                                     Director of Enterprise Risk Management,
                                     Compliance and Human Resources
 Kicky Andrie Davetra                Direktur Bisnis                                       x                          x                          x
                                     Director of Busines
 Lukman Hakim                        Direktur Digital dan Operasional                      x                          x                          x
                                     Director of Digital and Operations



Penjelasan lebih rinci terkait dengan rangkap jabatan Dewan Komisaris            More detailed information on concurrent positions of the Board of
dan Direksi dapat dilihat di bab Profil Perusahaan dari laporan tahunan          Commissioners and Board of Directors can be seen in the Company Profile
ini.                                                                             chapter of this annual report.



Pengungkapan Kepemilikan Saham Dewan Komisaris dan Direksi
Disclosure of Share Ownership of The Board of Commissioners and Board of Directors

Ketentuan Kepemilikan Saham                                                      Provisions on Share Ownership
Anggaran dasar Bank Raya menetapkan anggota Dewan Komisaris dan                  Bank Raya's Articles of Association stipulate that members of the Board of
Direksi wajib mengungkapkan kepemilikan sahamnya dan/atau keluarganya            Commissioners and Board of Directors are required to disclose their share
pada Bank Raya dan Perseroan lain. Selanjutnya, terkait dengan aspek             ownership and/or their families' share ownership in Bank Raya and other
transparansi Dewan Komisaris dan Direksi dalam Pedoman GCG Bank                  companies. Furthermore, regarding the transparency aspect of the Board
Raya, kepemilikan saham yang mencapai 5% atau lebih baik pada Bank               of Commissioners and Board of Directors in Bank Raya's GCG Guidelines,
Raya, maupun pada Bank dan/atau perusahaan lain, yang berkedudukan               share ownership of 5% or more in Bank Raya, as well as in other banks
di dalam dan di luar negeri. Selain itu, Anggaran dasar Bank Raya juga           and/or companies, whether domiciled within or outside the country, is
mengatur bahwa anggota Direksi secara sendiri-sendiri atau bersama-              prohibited. Furthermore, Bank Raya's Articles of Association also stipulate
sama dilarang memiliki saham pada perseroan lain sebesar 25% atau                that the Board of Directors’ members, individually or jointly, are prohibited
lebih dari modal disetor perseroan lain tersebut.                                from owning shares in other companies amounting to 25% or more of the
                                                                                 paid-up capital of such other companies.




346 PT Bank Raya Indonesia Tbk
Page 347
        Analisis dan Pembahasan Manajemen                   Tata Kelola Perusahaan                       Laporan Keberlanjutan                Laporan Keuangan Audit
        Management Discussion and Analysis                  Good Corporate Governance                    Sustainability Report                Audited Financial Report




Kepemilikan Saham Dewan Komisaris                                                      Share Ownership of the Board of
dan Direksi                                                                            Commissioners and Board of Directors

Mengacu pada penjelasan di bab Profil Perusahaan, per 31 Desember 2025,                Referring to the explanation in the Company Profile chapter, as of December
Komisaris Utama Bank Raya yakni Muhamad Sidik Heruwibowo mencatatkan                   31, 2025, Bank Raya's President Commissioner, Muhamad Sidik Heruwibowo,
kepemilikan saham Bank sebanyak 8.900 lembar saham atau 0,0000360%                     owns 8,900 shares, or 0.0000360% of the Bank's total shares. Furthermore,
dari jumlah saham Bank. Selanjutnya, Lukman Hakim sebagai Direktur Digital             Lukman Hakim as Director of Digital and Operations records share ownership
dan Operasional membukukan kepemilikan saham sebanyak 100.000                          of 100,000 shares or 0.0004042% of the total number of Bank shares.
lembar saham atau 0,0004042% dari jumlah saham Bank.



Rapat Gabungan
Joint Meetings
Hubungan kerja antara Direksi dan Dewan Komisaris Bank Raya secara formal              The work relationship between Bank Raya’s Board of Directors and Board of
diwujudkan dengan rapat gabungan Direksi dengan Komisaris. Anggaran                    Commissioners is formally realized through a Joint Meeting of the Board of
Dasar dan Piagam Direksi Bank Raya mewajibkan Direksi menyelenggarakan                 Directors and Board of Commissioners. Bank Raya’s Articles of Association and
rapat Direksi bersama Dewan Komisaris secara berkala baik yang dilaksanakan            Board of Directors’ Charter require the Board of Directors to hold regular meetings
secara online maupun offline paling kurang 1 (satu) kali dalam 4 (empat)               with the Board of Commissioners, either online or offline, at least 1 (one) time
bulan. Implementasi dari rapat koordinasi Direksi dengan Dewan Komisaris               in 4 (four) months. The Coordination Meetings between the Board of Directors
yang diselenggarakan untuk tahun buku 2025 adalah sebagai berikut:                     and the Board of Commissioners held for the 2025 fiscal year are as follows:


                                                                                                                                 Rapat Gabungan
                                                                                                                                  Joint Meeting
              Nama                                              Jabatan
              Name                                              Position
                                                                                                            Jumlah Rapat       Jumlah Kehadiran      Tingkat Kehadiran
                                                                                                          Number of Meetings    Total Attendance      Attendance Rate

 Dewan Komisaris
 Board of Commissioners
 Muhamad Sidik Heruwibowo       Komisaris Utama                                                                    12                    12                 100%
                                President Commissioner
 Retno Wahyuni Wijayanti        Komisaris Independen                                                               12                    11                  91%
                                Independent Commissioner
 Johanes Kuntjoro Adisardjono   Komisaris Independen                                                               12                    12                 100%
                                Independent Commissioner
 Nyimas Dewi Ratih Kamil        Komisaris                                                                          12                     9                  75%
                                Commissioner
 Direksi
 Board of Directors
 Ida Bagus Ketut Subagia        Direktur Utama                                                                     12                    12                 100%
                                President Director
 Rustarti Suri Pertiwi          Direktur Keuangan                                                                  12                    11                  92%
                                Director of Finance
 Danar Widyantoro               Direktur Manajemen Risiko, Kepatuhan dan Sumber Daya Manusia                       12                    11                  92%
                                Director of Enterprise Risk Management, Compliance and Human Resources
 Kicky Andrie Davetra           Direktur Bisnis                                                                    12                    12                 100%
                                Director of Business
 Lukman Hakim                   Direktur Digital dan Operasional                                                   12                    12                 100%
                                Director of Digital and Operations




                                                                                                Laporan Tahunan & Laporan Keberlanjutan
                                                                                                            Annual Report & Sustainability Report   2025 347
Page 348
       Ikhtisar Kinerja                          Laporan Manajemen                            Profil Perusahaan                       Tinjauan Pendukung Bisnis
       Performance Highlights                    Management Report                            Company Profile                         Overview of Business Support Units




Selanjutnya, risalah rapat Direksi dan Dewan Komisaris didokumentasikan                 Furthermore, minutes of joint meetings of the Board of Directors and Board of
dan dikelola sebagaimana risalah rapat Direksi dan rapat Dewan Komisaris                Commissioners are documented and managed in the same manner as minutes
yang telah dijelaskan sebelumnya. Risalah rapat dan daftar hadir dalam                  of meetings of, respectively, the Board of Directors and Board of Commissioners,
rapat koordinasi Direksi dengan Dewan Komisaris yang diselenggarakan                    as previously described. The minutes and attendance list for coordination
selama tahun buku 2025 adalah sebagai berikut:                                          meetings between the Board of Directors and Board of Commissioners held
                                                                                        during the 2025 fiscal year are as follows:


             Tanggal                                        Agenda                                            No. Risalah Rapat                      Peserta
 No
              Date                                          Agenda                                          Minutes of Meetings No.                 Participant

 1     20 Januari 2025     •    Pencapaian KPI Corporate dan Strategic Initiatives                       02/SDK/RADIRKOM/ I/2025          Dewan Komisaris
                           •    Kinerja Keuangan                                                                                          Direksi
                           •    Kinerja Bisnis Digital, Legacy, dan Unit Kerja Operasional                                                Divisi SBM BRI
                           •    Kinerja Risk Management, Governance, Human Capital                                                        Divisi Terkait Bank Raya
                           •    Digital & Operation Update

       January 20, 2025    •    Corporate KPI Achievement and Strategic Initiatives                                                       Board of Commissioners
                           •    Financial Performance                                                                                     Board of Directors
                           •    Digital Business, Legacy, and Operational Work Unit Performance                                           BRI's SBM Division
                           •    Risk Management, Governance, and Human Capital Performance                                                Related Divisions of Bank Raya
                           •    Digital & Operations Update
 2     18 Februari 2025    •    Pencapaian KPI Corporate dan Strategic Initiatives                       03/SDK/RADIRKOM/II/2025          Dewan Komisaris
                           •    Kinerja Keuangan                                                                                          Direksi
                           •    Kinerja Bisnis Digital, Legacy, dan Unit Kerja Operasional                                                Divisi SBM BRI
                           •    Kinerja Risk Management, Governance, Human Capital                                                        Divisi Terkait Bank Raya
                           •    Digital & Operation Update

       February 18, 2025   •    Corporate KPI Achievement and Strategic Initiatives                                                       Board of Commissioners
                           •    Financial Performance                                                                                     Board of Directors
                           •    Digital Business, Legacy, and Operational Work Unit Performance                                           BRI's SBM Division
                           •    Risk Management, Governance, and Human Capital Performance                                                Related Divisions of Bank Raya
                           •    Digital & Operations Update
 3     19 Maret 2025       •    Pencapaian KPI Corporate dan Strategic Initiatives                       05/SDK/RADIRKOM/III/2025         Dewan Komisaris
                           •    Kinerja Keuangan                                                                                          Direksi
                           •    Kinerja Bisnis Digital, Legacy, dan Unit Kerja Operasional                                                Divisi SBM BRI
                           •    Kinerja Risk Management, Governance, Human Capital                                                        Divisi Terkait Bank Raya
                           •    Digital & Operation Update

       March 19, 2025      •    Corporate KPI Achievement and Strategic Initiatives                                                       Board of Commissioners
                           •    Financial Performance                                                                                     Board of Directors
                           •    Digital Business, Legacy, and Operational Work Unit Performance                                           BRI's SBM Division
                           •    Risk Management, Governance, and Human Capital Performance                                                Related Divisions of Bank Raya
                           •    Digital & Operations Update
 4     21 April 2025       •    Pencapaian KPI Corporate dan Strategic Initiatives                       06/SDK/RADIRKOM/IV/2025          Dewan Komisaris
                           •    Kinerja Keuangan                                                                                          Direksi
                           •    Kinerja Bisnis Digital, Legacy, dan Unit Kerja Operasional                                                Divisi SBM BRI
                           •    Kinerja Risk Management, Governance, Human Capital                                                        Divisi Terkait Bank Raya
                           •    Digital & Operation Update

       April 21, 2025      •    Corporate KPI Achievement and Strategic Initiatives                                                       Board of Commissioners
                           •    Financial Performance                                                                                     Board of Directors
                           •    Digital Business, Legacy, and Operational Work Unit Performance                                           BRI's SBM Division
                           •    Risk Management, Governance, and Human Capital Performance                                                Related Divisions of Bank Raya
                           •    Digital & Operations Update
 5     21 Mei 2025         •    Pencapaian KPI Corporate dan Strategic Initiatives                       07/SDK/RADIRKOM/                 Dewan Komisaris
                           •    Kinerja Keuangan                                                         V/2025                           Direksi
                           •    Kinerja Bisnis Digital, Legacy, dan Unit Kerja Operasional                                                Divisi SBM BRI
                           •    Kinerja Risk Management, Governance, Human Capital                                                        Divisi Terkait Bank Raya
                           •    Digital & Operation Update

       May 21, 2025        •    Corporate KPI Achievement and Strategic Initiatives                                                       Board of Commissioners
                           •    Financial Performance                                                                                     Board of Directors
                           •    Digital Business, Legacy, and Operational Work Unit Performance                                           BRI's SBM Division
                           •    Risk Management, Governance, and Human Capital Performance                                                Related Divisions of Bank Raya
                           •    Digital & Operations Update
 6     18 Juni 2025        •    Pencapaian KPI Corporate dan Strategic Initiatives                       08/SDK/RADIRKOM/VI/2025          Dewan Komisaris
                           •    Kinerja Keuangan                                                                                          Direksi
                           •    Kinerja Bisnis Digital, Legacy, dan Unit Kerja Operasional                                                Divisi SBM BRI
                           •    Kinerja Risk Management, Governance, Human Capital                                                        Divisi Terkait Bank Raya
                           •    Digital & Operation Update

       June 18, 2025       •    Corporate KPI Achievement and Strategic Initiatives                                                       Board of Commissioners
                           •    Financial Performance                                                                                     Board of Directors
                           •    Digital Business, Legacy, and Operational Work Unit Performance                                           BRI's SBM Division
                           •    Risk Management, Governance, and Human Capital Performance                                                Related Divisions of Bank Raya
                           •    Digital & Operations Update




348 PT Bank Raya Indonesia Tbk
Page 349
     Analisis dan Pembahasan Manajemen                  Tata Kelola Perusahaan                   Laporan Keberlanjutan                 Laporan Keuangan Audit
     Management Discussion and Analysis                 Good Corporate Governance                Sustainability Report                 Audited Financial Report




           Tanggal                                        Agenda                                       No. Risalah Rapat                      Peserta
No
            Date                                          Agenda                                     Minutes of Meetings No.                 Participant

7    23 Juli 2025         •   Pencapaian KPI Corporate dan Strategic Initiatives                  09/DK/RADIRKOM/VII/ 2025        Dewan Komisaris
                          •   Kinerja Keuangan                                                                                    Direksi
                          •   Kinerja Bisnis Digital, Legacy, dan Unit Kerja Operasional                                          Divisi SBM BRI
                          •   Kinerja Risk Management, Governance, Human Capital                                                  Divisi Terkait Bank Raya
                          •   Digital & Operation Update

     July 23, 2025        •   Corporate KPI Achievement and Strategic Initiatives                                                 Board of Commissioners
                          •   Financial Performance                                                                               Board of Directors
                          •   Digital Business, Legacy, and Operational Work Unit Performance                                     BRI's SBM Division
                          •   Risk Management, Governance, and Human Capital Performance                                          Related Divisions of Bank Raya
                          •   Digital & Operations Update
8    20 Agustus 2025      •   Pencapaian KPI Corporate dan Strategic Initiatives                  10/DK/RADIRKOM/VIII/ 2025       Dewan Komisaris
                          •   Kinerja Keuangan                                                                                    Direksi
                          •   Kinerja Bisnis Digital, Legacy, dan Unit Kerja Operasional                                          Divisi SBM BRI
                          •   Kinerja Risk Management, Governance, Human Capital                                                  Divisi Terkait Bank Raya
                          •   Digital & Operation Update

     August 20, 2025      •   Corporate KPI Achievement and Strategic Initiatives                                                 Board of Commissioners
                          •   Financial Performance                                                                               Board of Directors
                          •   Digital Business, Legacy, and Operational Work Unit Performance                                     BRI's SBM Division
                          •   Risk Management, Governance, and Human Capital Performance                                          Related Divisions of Bank Raya
                          •   Digital & Operations Update
9    23 September 2025    •   Pencapaian KPI Corporate dan Strategic Initiatives                  11/DK/RADIRKOM/IX/ 2025         Dewan Komisaris
                          •   Kinerja Keuangan                                                                                    Direksi
                          •   Kinerja Bisnis Digital, Legacy, dan Unit Kerja Operasional                                          Divisi SBM BRI
                          •   Kinerja Risk Management, Governance, Human Capital                                                  Divisi Terkait Bank Raya
                          •   Digital & Operation Update

     September 23, 2025   •   Corporate KPI Achievement and Strategic Initiatives                                                 Board of Commissioners
                          •   Financial Performance                                                                               Board of Directors
                          •   Digital Business, Legacy, and Operational Work Unit Performance                                     BRI's SBM Division
                          •   Risk Management, Governance, and Human Capital Performance                                          Related Divisions of Bank Raya
                          •   Digital & Operations Update
10   17 Oktober 2025      •   Pencapaian KPI Corporate dan Strategic Initiatives                  12/DK/RADIRKOM/X/ 2025          Dewan Komisaris
                          •   Kinerja Keuangan                                                                                    Direksi
                          •   Kinerja Bisnis Digital, Legacy, dan Unit Kerja Operasional                                          Divisi SBM BRI
                          •   Kinerja Risk Management, Governance, Human Capital                                                  Divisi Terkait Bank Raya
                          •   Digital & Operation Update

     October 17, 2025     •   Corporate KPI Achievement and Strategic Initiatives                                                 Board of Commissioners
                          •   Financial Performance                                                                               Board of Directors
                          •   Digital Business, Legacy, and Operational Work Unit Performance                                     BRI's SBM Division
                          •   Risk Management, Governance, and Human Capital Performance                                          Related Divisions of Bank Raya
                          •   Digital & Operations Update
11   17 November 2025     •   Pencapaian KPI Corporate dan Strategic Initiatives                  13/DK/RADIRKOM/XI/2025          Dewan Komisaris
                          •   Kinerja Keuangan                                                                                    Direksi
                          •   Kinerja Bisnis Digital, Legacy, dan Unit Kerja Operasional                                          Divisi SBM BRI
                          •   Kinerja Risk Management, Governance, Human Capital                                                  Divisi Terkait Bank Raya
                          •   Digital & Operation Update

     November 17, 2025    •   Corporate KPI Achievement and Strategic Initiatives                                                 Board of Commissioners
                          •   Financial Performance                                                                               Board of Directors
                          •   Digital Business, Legacy, and Operational Work Unit Performance                                     BRI's SBM Division
                          •   Risk Management, Governance, and Human Capital Performance                                          Related Divisions of Bank Raya
                          •   Digital & Operations Update
12   15 Desember 2025     •   Pencapaian KPI Corporate dan Strategic Initiatives                  14/DK/RADIRKOM/XII/ 2025        Dewan Komisaris
                          •   Kinerja Keuangan                                                                                    Direksi
                          •   Kinerja Bisnis Digital, Legacy, dan Unit Kerja Operasional                                          Divisi SBM BRI
                          •   Kinerja Risk Management, Governance, Human Capital                                                  Divisi Terkait Bank Raya
                          •   Digital & Operation Update

     December 15, 2025    •   Corporate KPI Achievement and Strategic Initiatives                                                 Board of Commissioners
                          •   Financial Performance                                                                               Board of Directors
                          •   Digital Business, Legacy, and Operational Work Unit Performance                                     BRI's SBM Division
                          •   Risk Management, Governance, and Human Capital Performance                                          Related Divisions of Bank Raya
                          •   Digital & Operations Update




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Page 350
        Ikhtisar Kinerja                           Laporan Manajemen                           Profil Perusahaan                      Tinjauan Pendukung Bisnis
        Performance Highlights                     Management Report                           Company Profile                        Overview of Business Support Units




Penilaian Kinerja Dewan Komisaris dan Direksi
Performance Assessment of The Board of Commissioners and Board of Directors [GRI 2-18]


Penilaian Kinerja Dewan Komisaris                                                       Board of Commissioners’ Performance
                                                                                        Assessment
Pada awal tahun buku, Dewan Komisaris menyusun rencana kerja untuk                      At the beginning of fiscal year, the Board of Commissioners prepared a
tahun 2025 dan selanjutnya melakukan penilaian sendiri (self-assessment)                work plan for 2025 and conducted a self-assessment based on the Board
berdasarkan pencapaian kerja Dewan Komisaris dan Key Performance                        of Commissioners' work achievements and Key Performance Indicators
Indicator (KPI) yang telah ditetapkan. Selanjutnya, Dewan Komisaris                     (KPIs) set. Afterwards, the Board of Commissioners reviewed the
melakukan kajian atas pelaksanaan tugas komite-komite sesuai dengan                     implementation of committees' duties in accordance with the targets set
target yang telah ditetapkan dalam Rencana Kerja dan Anggaran.                          in the Work Plan and Budget.


Prosedur Pelaksanaan Penilaian Kinerja                                                  Procedure to Assess the Board of
Dewan Komisaris                                                                         Commissioners’ Performance

Dewan Komisaris melakukan penilaian kinerja Dewan Komisaris melalui                     The Board of Commissioners assesses its performance through a self-
self-assessment yang selanjutnya dilaporkan dalam RUPS.                                 assessment, which is then reported to the GMS.


Kriteria Evaluasi Kinerja Dewan Komisaris                                               Board of Commissioners’ Performance
                                                                                        Evaluation Criteria
Capaian atas program kerja/Rencana Kerja dan Anggaran (RKA) yang                        Achievements of the work program/Work Plan and Budget (RKA) prepared
telah disusun pada setiap awal tahun menjadi indikator kinerja Dewan                    at the beginning of each year become an indicator of the Board of Commissioners'
Komisaris. Perspektif penilaian dari kinerja Dewan Komisaris dan meliputi               performance. The assessment perspective of the Board of Commissioners'
Learning & Growth Perspective, Internal Process, Compliance Perspective,                performance includes Learning & Growth Perspective, Internal Process,
dan Financial Perspective.                                                              Compliance Perspective, and Financial Perspective.


Pihak yang Melakukan Penilaian                                                          Assessor
Dewan Komisaris melakukan penilaian atas kinerja Dewan Komisaris                        The Board of Commissioners assessed its performance throughout 2025
selama tahun 2025 secara self-assessment.                                               through self-assessment.


Hasil Penilaian Kinerja Dewan Komisaris                                                 Board of Commissioners’ Performance
                                                                                        Assessment Results
Hasil penilaian kinerja Dewan Komisaris berdasarkan kriteria evaluasi                   The Board of Commissioners' performance assessment results based on
kinerja Dewan Komisaris disajikan pada tabel berikut ini:                               the Board of Commissioners' performance evaluation criteria are presented
                                                                                        in the following table.

       Perspektif Penilaian
 No        Assessment                                                                          Parameter
           Perspective

 1    Learning & Growth       Organisasi Dewan Komisaris Sesuai Ketentuan yang berlaku
      Perspective Sub Total   Organization of the Board of Commissioners in accordance with applicable provisions

                              Organisasi Organ Dewan Komisaris Sesuai Ketentuan yang berlaku
                              Organization of the Board of Commissioners Organs in accordance with applicable provisions

                              Seluruh Dewan Komisaris baru mengikuti program orientasi
                              All new Board of Commissioners attend an orientation program
                              Anggota Komisaris memenuhi kewajiban Sertifikasi Manajemen Risiko sesuai ketentuan
                              Commissioners fulfill the Risk Management Certification obligations in accordance with the provisions
                              Setiap Anggota Komisaris minimal mengikuti satu kali
                              Each Commissioner Member must attend at least once
 2    Internal Process        RKAP Dewan Komisaris disahkan sebelum pelaksanaan Tahun berjalan RKAP tersebut berlaku (Paling Lambat 31 Desember)
                              The Board of Commissioners' RKAP is ratified before the implementation of the current year. The RKAP is valid (No later than December 31).
                              RBB disahkan sebelum tanggal 30 November dan Revisi RBB disahkan oleh Dewan Komisaris sebelum 30 Juni setiap tahun.
                              The RBB is ratified before November 30 and the Revised RBB is ratified by the Board of Commissioners before June 30 each year.
                              Permohonan persetujuan Dewan Komisaris terhadap usulan Direksi diberikan paling lambat 15 hari kerja sejak diterima oleh Dewan Komisaris.
                              The request for approval from the Board of Commissioners regarding the Board of Directors' proposal must be given no later than 15 working
                              days after it is received by the Board of Commissioners.
                              Rapat Dewan Komisaris dilaksanakan minimal sebulan sekali dan Rapat Dewan Komisaris dengan Direksi dilaksanakan minimal empat bulan sekali.
                              The Board of Commissioners meeting is held at least once a month and the Board of Commissioners meeting with the Board of Directors is held
                              at least once every four months.




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       Analisis dan Pembahasan Manajemen                     Tata Kelola Perusahaan                         Laporan Keberlanjutan                   Laporan Keuangan Audit
       Management Discussion and Analysis                    Good Corporate Governance                      Sustainability Report                   Audited Financial Report




       Perspektif Penilaian
 No        Assessment                                                                            Parameter
           Perspective

                              a.   Surat rekomendasi calon pengurus perseroan yang disampaikan kepada pemegang saham pengendali
                                   Letter of recommendation for prospective company management submitted to controlling shareholders
                              b.   Kebijakan nominasi Perseroan
                                   The Company's nomination policy
                              a.   Kebijakan remunerasi Direksi dan Dewan Komisaris
                                   Remuneration policy for the Board of Directors and Board of Commissioners
                              b.   Rekomendasi struktur remunerasi bagi Dewan Komisaris dan Direksi yang disampaikan kepada pemegang saham
                                   Recommendations for the remuneration structure for the Board of Commissioners and Directors submitted to shareholders
                              Rekomendasi KAP yang akan melaksanakan audit atas laporan keuangan perseroan diberikan sebelum RUPS Tahunan Perseroan
                              The recommendation of the Public Accounting Firm that will conduct an audit of the company's financial statements is given before the Company's
                              Annual GMS.
                              Seluruh KC/KCP dan CB dikunjungi minimal satu kali oleh Anggota Dewan Komisaris.
                              All KC/KCP and CB are visited at least once by a member of the Board of Commissioners.
                              Review atas Perencanaan Audit Tahunan (PAT) IAU dan evaluasi atas pelaksanaan audit internal.
                              Review of the Annual Audit Plan (PAT) of IAU and evaluation of the implementation of internal audits.
                              Review laporan hasil pemeriksaan audit internal dan tindaklanjut hasil temuan dilaksanakan sesuai dengan ketentuan dan tepat waktu sesuai target.
                              Review of internal audit report results and follow-up of findings are carried out in accordance with provisions and on time according to targets.
                              Review laporan hasil pemeriksaan audit eksternal dan tindaklanjut hasil temuan dilaksanakan sesuai dengan ketentuan dan tepat waktu sesuai target.
                              Review of external audit report results and follow-up of findings are carried out in accordance with provisions and on time according to targets.
                              Review laporan keuangan dilaksanakan sesuai dengan ketentuan dan tepat waktu sesuai target.
                              Financial report reviews are carried out in accordance with provisions and on time according to targets.
 3    Compliance              Penilaian self-assessment GCG dan tata kelola terintegrasi dilaksanakan setiap semester sesuai dengan ketentuan dan tepat waktu sesuai target.
      Perspective             GCG self-assessment and integrated governance are carried out every semester in accordance with the provisions and on time according to
                              the target.

                              Penilaian self-assessment tata kelola terintegrasi dilaksanakan setiap semester sesuai dengan ketentuan dan tepat waktu sesuai target.
                              Integrated governance self-assessment is carried out every semester in accordance with the provisions and on time according to the target.
                              Opini Akuntan Publik Wajar Tanpa Pengecualian.
                              Unqualified Public Accountant Opinion.
                              Pelaksanaan review atas laporan profil risiko setiap tiga bulan sesuai dengan ketentuan dan tepat waktu sesuai target.
                              Implementation of review of risk profile reports every three months in accordance with provisions and on time according to targets.
                              Skor self assessment review pelaksanaan fungsi kepatuhan dilaksanakan setiap semester.
                              Self-assessment review scores for the implementation of compliance functions are carried out every semester.
                              Pelaksanaan review atas fungsi kepatuhan serta tingkat kesehatan bank yang dilaksanakan setiap semester sesuai dengan ketentuan dan
                              tepat waktu sesuai target.

                              Implementation of reviews of compliance functions and bank health levels is carried out every semester in accordance with provisions and on
                              time according to targets.
                              Pelaksanaan Reviu Kecukupan Pengendalian Intern Terintegrasi, Profil Risiko Terintegrasi, Penerapan Tata Kelola Terintegrasi, dan Laporan
                              Tahunan Tata Kelola Terintegrasi dilaksanakan setiap semester sesuai dengan ketentuan dan tepat waktu sesuai target.

                              The implementation of the Integrated Internal Control Adequacy Review, Integrated Risk Profile, Implementation of Integrated Governance, and
                              the Integrated Governance Annual Report is carried out every semester in accordance with the provisions and on time according to the target.

 4    Financial Perspective   Pencapaian target laba bersih sesuai RKAP
                              Achieving the net profit target according to the RKAP
                              Pencapaian target Aset sesuai RKAP
                              Achieving the asset target according to the RKAP
                              Pencapaian target NPL sesuai RKAP
                              Achieving the non-performing loan (NPL) target according to the RKAP

                              Pencapaian target CAR sesuai RKAP
                              Achieving the CAR target according to the RKAP




Penilaian Kinerja Direksi                                                                 Board of Directors’ Performance Assessment
Penilaian kinerja Direksi dilakukan secara rutin setiap tahun. Penilaian                  Board of Directors’ performance is assessed routinely every year. These
kinerja tersebut dilakukan berdasarkan Key Performance Indicator (KPI)                    performance assessments are based on collegial or joint Key Performance
kolegial atau KPI bersama dan KPI Direktorat (Individu).                                  Indicators (KPIs) and Directorate (Individual) KPIs.




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        Ikhtisar Kinerja                                   Laporan Manajemen                                  Profil Perusahaan                             Tinjauan Pendukung Bisnis
        Performance Highlights                             Management Report                                  Company Profile                               Overview of Business Support Units




Prosedur Pelaksanaan Penilaian Kinerja                                                                  Procedure for Assessing the Board of
Direksi                                                                                                 Directors’ Performance

Kinerja Direksi dinilai melalui prosedur yang dijelaskan pada bagan berikut                             The Board of Directors’ performance is assessed through the procedures
ini:                                                                                                    described in the following chart.


                                     Flow Usulan Pengajuan KPI (Corporate & Direktur Bidang)
         Divisi Change Management                                  Direksi                                     Dewan Komisaris                                        BRI


                     Mulai




                                             Penyampaian
                Penyusunan Usulan                              Dokumen Usulan                                    Dokumen Usulan                                 Dokumen Usulan
                 KPI Corporate dan                             KPI Corporate dan                                 KPI Corporate dan                              KPI Corporate dan
                  Direktur Bidang                               Direktur Bidang                                   Direktur Bidang                                Direktur Bidang




                                                                Review Usulan                                     Review Usulan                                  Review Usulan
                                                               KPI Corporate dan                                 KPI Corporate dan                              KPI Corporate dan
                                                                Direktur Bidang                                   Direktur Bidang                                Direktur Bidang

                                                                                     Ya                                                  Ya
                                                                                (Penyampaian)                                       (Penyampaian)



                                                                  Persetujuan                                         Persetujuan                                  Persetujuan

                                     Tidak                                                      Tidak                                               Tidak


                                                                                                                 Ya
              Arsip KPI Corporate dan
                  Direktur Bidang




                    Selesai




Kriteria Penilaian Kinerja Direksi                                                                      Board of Directors’ Performance
                                                                                                        Assessment Criteria
Kriteria penilaian kinerja Direksi dilakukan secara kolegial dan individu.                              The Board of Directors' performance assessment criteria are conducted
Kriteria penilaian kinerja Direksi meliputi keuangan, pelanggan, bisnis                                 collegially and individually. The Board of Directors' performance assessment
proses internal, pengembangan dan lingkungan.                                                           criteria include: financial, customer, internal business process, development,
                                                                                                        and environment.


Pihak yang Melakukan Penilaian                                                                          Assessor
Pihak yang melakukan penilaian kinerja Direksi adalah Dewan Komisaris                                   The party assessing the Board of Directors' performance is the Board of
dan RUPS. Dalam melakukan penilaian kinerja Direksi, Dewan Komisaris                                    Commissioners and the GMS. In assessing the Board of Directors' performance,
mengacu kepada indikator KPI. Kinerja Direksi dan masing-masing                                         the Board of Commissioners refers to KPI indicators. The performance of
anggota Direksi akan dievaluasi oleh Dewan Komisaris. Realisasi KPI                                     the Board of Directors and each member of the Board of Directors will be
masing-masing anggota Direksi dilaporkan kepada Dewan Komisaris                                         evaluated by the Board of Commissioners. The realization of each member's
untuk selanjutnya dilakukan review oleh Komite Remunerasi dan Nominasi                                  KPI is reported to the Board of Commissioners for further review by the
sebagai bahan pertimbangan dalam menentukan remunerasi setiap                                           Remuneration and Nomination Committee as a consideration in determining
anggota Direksi.                                                                                        the remuneration of each member of the Board of Directors.

Kinerja individu Direksi dapat dilihat secara khusus pada KPI Individu yang                             The individual performance of the Board of Directors can specifically be
terdiri dari KPI Bersama dan KPI Direktorat. Selanjutnya Dewan Komisaris                                seen in the Individual KPIs consisting of Joint KPIs and Directorate KPIs.
dan Direksi mempertanggungjawabkan pencapaian kinerja Perseroan                                         Afterwards, the Board of Commissioners and Board of Directors are responsible
pada periode 2025, termasuk di dalamnya pelaksanaan tugas dan tanggung                                  for the Company's performance achievements for the 2025 period, including
jawab Dewan Komisaris dan Direksi dalam RUPS. Sebelum diungkapkan                                       the implementation of duties and responsibilities of the Board of Commissioners
dalam RUPS, penilaian atas KPI Kolegial Direksi telah melalui proses review                             and Board of Directors in the GMS. Prior to being disclosed at the GMS, the
oleh Kantor Akuntan Publik (KAP) Purwanto Susanti dan Surja.                                            Board of Directors' Collegial KPI assessment has gone through a review
                                                                                                        process by Public Accounting Firm (KAP) Purwanto Susanti dan Surja.




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        Analisis dan Pembahasan Manajemen                Tata Kelola Perusahaan                      Laporan Keberlanjutan                Laporan Keuangan Audit
        Management Discussion and Analysis               Good Corporate Governance                   Sustainability Report                Audited Financial Report




Hasil Penilaian Kinerja Direksi                                                       Board of Directors' Performance
                                                                                      Assessment Results
Adapun capaian kinerja Direksi berdasarkan kriteria evaluasi kinerja Direksi          The Board of Directors' performance achievements based on the Board of
mengacu kepada hasil self-assessment GCG Bank Raya adalah sebagai                     Directors' performance evaluation criteria refer to Bank Raya's GCG self-
berikut:                                                                              assessment results, as follows:


                         Aspek
  No.                                                                                                   KPI
                         Aspect

 1       Keuangan & Pasar                       Market Cap
         Finance & Markets
 2                                              Digital Lending
 3                                              Kualitas Aset
 4                                              Digital Saving
 5                                              Recovery WO
 6                                              Fee Based Income
 8                                              BOPO
 9       Fokus Pelanggan                        CIF Digital Saving
         Customer Focus
 10      Efektivitas Produk & Proses            a.   Pengembangan Bisnis Keagenan
         Product & Process Effectiveness             Agency Business Development
                                                b.   Implementasi Strategic Initiatives

 11                                             IT Resilience
 12      Kepemimpinan dan GCG                   Skor GCG & Profil Risiko
         Leadership and GCG                     GCG Score & Risk Profile
                                                Maturitas GRC
                                                GRC Maturity




Remunerasi Dewan Komisaris dan Direksi
Remuneration of The Board of Commissioners and Board of Directors [GRI 2-19]

POJK Penerapan Tata kelola bagi Bank Umum mewajibkan Bank Umum                        POJK on the Implementation of Governance for Commercial Banks requires
memiliki kebijakan remunerasi secara tertulis bagi Direksi, Dewan Komisaris,          Commercial Banks to have a written remuneration policy for the Board of
Dewan Pengawas Syariah, dan pegawai Bank sebagai bagian dari                          Directors, Board of Commissioners, Sharia Supervisory Board, and bank
penerapan tata kelola dalam pemberian remunerasi. Sebagai pemenuhan                   employees as part of the implementation of Good Corporate Governance
atas ketentuan OJK tersebut, Bank Raya telah menerbitkan Pedoman                      in providing remuneration. To comply with this OJK provision, Bank Raya
Pelaksanaan Tata Kelola Remunerasi yang diterbitkan melalui Surat Edaran              has issued Guidelines for the Implementation of Remuneration Governance,
Direksi No. SE: B. S7/Dir.01.03/PCP/HCP/09/2025 tanggal 30 September                  issued under the Board of Directors’ Circular No. SE: B.S7/Dir.01.03/PCP/
2025. Selanjutnya, POJK tersebut juga mewajibkan Dewan Komisaris dan                  HCP/09/2025 dated September 30, 2025. Furthermore, POJK also requires
Direksi untuk mengungkapkan remunerasi dan fasilitas lain sesuai dengan               the Board of Commissioners and Board of Directors to disclose remuneration
POJK No. 45/POJK.03/2015 tentang Penerapan Tata Kelola dalam                          and other benefits in line with POJK No. 45/POJK.03/2015 on the
Pemberian Remunerasi bagi Bank Umum (selanjutnya disingkat POJK                       Implementation of Governance in Providing Remuneration for Commercial
Penerapan Tata Kelola dalam Pemberian Remunerasi bagi Bank Umum)                      Banks (hereinafter abbreviated as POJK on the Implementation of Governance
dan Penerapan Tata kelola bagi Bank Umum.                                             in Providing Remuneration for Commercial Banks) and the Implementation
                                                                                      of Governance for Commercial Banks.

Sehubungan dengan hal tersebut, melalui laporan tahunan dan laporan                   In this regard, through this annual report and sustainability report, Bank
berkelanjutan ini, Bank Raya menyajikan informasi tentang remunerasi                  Raya provides information regarding the remuneration of the Board of
Dewan Komisaris dan Direksi yang disusun sebagai berikut:                             Commissioners and Board of Directors, structured as follows:




                                                                                             Laporan Tahunan & Laporan Keberlanjutan
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        Ikhtisar Kinerja                          Laporan Manajemen                              Profil Perusahaan                          Tinjauan Pendukung Bisnis
        Performance Highlights                    Management Report                              Company Profile                            Overview of Business Support Units




Prosedur Penetapan Remunerasi Dewan                                                       Procedure for Determining Remuneration
Komisaris dan Direksi [GRI 2-20]                                                          of the Board of Commissioners and Board
                                                                                          of Directors [GRI 2-20]
Prosedur penetapan remunerasi Dewan Komisaris dan Direksi Bank Raya                       The procedure for determining remuneration of Bank Raya’s Board of
adalah Pemegang Saham melakukan pembahasan pada RUPS. Selanjutnya,                        Commissioners and Board of Directors is discussed by the Shareholders at
RUPS memberikan wewenang dan kuasa kepada Dewan Komisaris untuk                           the GMS. Afterwards, the GMS grants authority and power to the Board of
menetapkan besaran remunerasi. Langkah ini selanjutnya diikuti dengan                     Commissioners to determine the remuneration amount. This step is then
kajian dan evaluasi Komite Remunerasi dan Nominasi untuk menentukan                       followed by a review and evaluation by the Remuneration and Nomination
remunerasi bagi Dewan Komisaris dan Direksi. Komite Remunerasi dan                        Committee to determine the remuneration for the Board of Commissioners
Nominasi selanjutnya memberikan rekomendasi kepada Dewan Komisaris                        and Board of Directors. The Remuneration and Nomination Committee then
yang diikuti dengan pembahasan oleh Dewan Komisaris untuk kemudian                        provides recommendations to the Board of Commissioners, followed by
diusulkan melalui surat kepada pemegang saham pengendali (Bank                            discussions by the Board of Commissioners to then be proposed via letter to
BRI).                                                                                     the controlling shareholder (Bank BRI).

Langkah terakhir adalah surat penetapan oleh pemegang saham pengendali                    The final step is a letter of determination from the controlling shareholder
(Bank BRI) kepada Dewan Komisaris yang diikuti dengan surat Dewan                         (Bank BRI) to the Board of Commissioners followed by a letter from the
Komisaris kepada Direksi tentang penetapan remunerasi Dewan Komisaris                     Board of Commissioners to the Board of Directors on the determination of
dan Direksi.                                                                              remuneration for the Board of Commissioners and Board Directors.


Struktur Remunerasi Anggota Dewan                                                         Remuneration Structure for Members of
Komisaris dan Direksi [GRI 2-21]                                                          the Board of Commissioners and Board of
                                                                                          Directors [GRI 2-21]
Berpedoman pada POJK Penerapan Tata Kelola dalam Pemberian                                Referring to POJK on the Implementation of Governance in Providing
Remunerasi Bagi Bank Umum dan SEOJK No. 40/SEOJK.03/2016 tentang                          Remuneration for Commercial Banks and SEOJK No. 40/SEOJK.03/2016
Penerapan Tata Kelola dalam Pemberian Remunerasi bagi Bank Umum,                          on the Implementation of Governance in Providing Remuneration for
Bank Raya menetapkan kebijakan remunerasi Dewan Komisaris dan Direksi                     Commercial Banks, Bank Raya has established a remuneration policy for
yang terdiri dari remunerasi bersifat tetap dan variable. Pedoman Pelaksanaan             the Board of Commissioners and Board of Directors consisting of fixed and
Tata Kelola Remunerasi Bank Raya menetapkan bahwa kebijakan remunerasi                    variable remuneration. Bank Raya’s Remuneration Governance
yang bersifat tetap paling sedikit memperhatikan skala usaha, kompleksitas                Implementation Guidelines stipulate that the fixed remuneration policy
usaha, peer group, tingkat inflasi, kondisi, dan kemampuan keuangan,                      must at least take into account business scale, business complexity, peer
serta tidak bertentangan dengan peraturan perundang-undangan yang                         group, inflation rate, financial condition and capacity, and does not conflict
berlaku.                                                                                  with applicable laws and regulations.

Sementara itu, remunerasi yang bersifat variabel yaitu remunerasi yang                    Meanwhile, variable remuneration is remuneration linked to performance
dikaitkan dengan kinerja dan risiko, yakni tantiem bagi Direksi serta Insentif            and risk, including bonuses for the Board of Directors and incentives and
dan bonus bagi Pekerja. Kebijakan remunerasi yang bersifat variabel selain                bonuses for Employees. The variable remuneration policy, in addition to
memperhatikan prinsip kebijakan remunerasi yang bersifat tetap, juga                      adhering to the principles of a fixed remuneration policy, also encourages
mendorong dilakukannya prudent risk taking. Dalam menetapkan kebijakan                    prudent risk-taking. In establishing the variable remuneration policy, the
remunerasi yang bersifat variable Komite Remunerasi berkoordinasi dengan                  Remuneration Committee coordinates with the Risk Management Work
Satuan Kerja Manajemen Risiko.                                                            Unit.

Adapun tabel struktur remunerasi Dewan Komisaris dan Direksi Bank Raya                    The table of remuneration structure for Bank Raya’s Board of Commissioners
disajikan pada tabel berikut ini:                                                         and Board of Directors is presented in the following table:


            Jenis Penghasilam/Fasilitas                                  Direksi                                                         Dewan Komisaris
 No
           Type of Remuneration/Facility                            Board of Directors                                                Board of Commissioners

 1     Honorarium                             •    Direktur Utama sebesar 100%                                     •    Komisaris Utama 45% dari gaji Direktur Utama
                                              •    Direksi 85% dari honorarium Direktur Utama                      •    Komisaris 90% dari honorarium Komisaris Utama

       Honorarium                             •    President Director 100%                                         •    President Commissioner 45% of the President Director's salary
                                              •    Board of Directors 85% of the President Director's honorarium   •    Commissioners 90% of the President Commissioner's honorarium
 2     Tunjangan Hari Raya                    Diberikan sebesar 1 (satu) kali honorarium                           Diberikan sebesar 1 (satu) kali honorarium
       Religious Holiday Allowance            Given in the amount of 1 (one) time honorarium                       Given in the amount of 1 (one) time honorarium
       Tunjangan Transportasi                 -                                                                    Diberikan sebesar 20% dari honorarium
       Transportation Allowance                                                                                    Given 20% of the honorarium
       Tunjangan Perumahan                    Diberikan selama menjabat sesuai dengan ketentuan yang               -
                                              berlaku.

       Housing Allowance                      Given during term of office in accordance with applicable
                                              provisions




354 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                       Tata Kelola Perusahaan                          Laporan Keberlanjutan                  Laporan Keuangan Audit
       Management Discussion and Analysis                      Good Corporate Governance                       Sustainability Report                  Audited Financial Report




            Jenis Penghasilam/Fasilitas                                        Direksi                                                    Dewan Komisaris
 No
           Type of Remuneration/Facility                                  Board of Directors                                           Board of Commissioners

      Tunjangan Purna Jabatan                      Diberikan selama menjabat premi asuransi 25% dari honorarium    Diberikan selama menjabat premi asuransi 25% dari honorarium
                                                   dalam satu tahun                                                dalam satu tahun

      Retirement Allowance                         Given during the term of office an insurance premium of 25%     Given during the term of office an insurance premium of 25%
                                                   of the honorarium in one year                                   of the honorarium in one year
      Tunjangan Komunikasi                         -                                                               -
      Communication Allowance
 3    Fasilitas Kesehatan                          •   Fasilitas kesehatan rawat Inap dan rawat Jalan diberikan dalam bentuk penggantian biaya Kesehatan
                                                   •   Diberikan kepada Dewan Komisaris dan Direksi beserta keluarganya (pasangan dan maksimum 3 orang anak di bawah
                                                       25 tahun atau belum bekerja dan belum menikah)
                                                   •   Perawatan/Kesehatan Gigi;
                                                   •   Penggantian Lensa dan bingkai kacamata.

      Health Facilities                            •   Inpatient and outpatient health facilities are provided in the form of reimbursement of health costs.
                                                   •   Given to the Board of Commissioners and Board of Directors and their families (spouse and a maximum of three children
                                                       under 25 years of age or not yet working and not yet married).
                                                   •   Dental Care/Health;
                                                   •   Replacement of lenses and eyeglass frames.
      Bantuan Hukum                                Fasilitas bantuan hukum kepada anggota Dewan Komisaris dan Direksi diberikan sesuai kebutuhan
      Legal Assistance                             Legal assistance facilities for members of the Board of Commissioners and Board of Directors are provided as needed.
      Kendaraan Dinas                              Program kepemilikan Mobil (Car ownership program) sesuai ketentuan yang berlaku
      Official Vehicles                            The Car Ownership Program applies with the following provisions
 4    Insentif Kinerja                             Penetapan insentif kinerja diberikan dalam bentuk tunai dengan mempertimbangkan peningkatan kinerja dan kemampuan
                                                   perusahaan.
      Performance Incentives                       Performance incentive is given in cash by considering the Company's increased performance and capabilities.




Indikator Penetapan Remunerasi Dewan                                                           Indicators for Determining Remuneration
Komisaris dan Direksi                                                                          for the Board of Commissioners and
                                                                                               Board of Directors
Terdapat beberapa indikator yang digunakan dalam menentukan remunerasi                         Several indicators are used to determine the remuneration for members of the
anggota Dewan Komisaris dan Direksi terdiri dari: a. Key Performance                           Board of Commissioners and Board of Directors, including: a. Key Performance
Indicator (KPI) atau hasil penilaian kinerja dan prestasi Dewan Komisaris                      Indicators (KPIs) or the results of performance and achievement assessments
dan Direksi; b. Kinerja Bank; c. Perkembangan bisnis Bank; d. Hasil                            of the Board of Commissioners and Board of Directors; b. Bank Performance;
perbandingan remunerasi industri perbankan; e. Pertimbangan sasaran                            c. Bank Business Development; d. Results of comparison of remuneration in
dan strategi jangka panjang Perusahaan.                                                        the banking industry; e. Consideration of the Company's long-term goals and
                                                                                               strategies.


Nominal/Komponen Remunerasi Dewan                                                              Nominal/Components of Remuneration
Komisaris dan Direksi                                                                          for the Board of Commissioners and
                                                                                               Board of Directors
Tabel-tabel berikut ini menjelaskan komponen remunerasi yang diterima                          The following tables explain the remuneration components received by
oleh masing-masing Dewan Komisaris dan Direksi untuk tahun buku 2025                           each member of the Board of Commissioners and Board of Directors for
beserta perbandingannya dengan tahun sebelumnya.                                               the 2025 fiscal year, along with a comparison with the previous year.


                                                                                                                                          Tunjangan
                                                                                     THR           Insentif
                                                                                                                                          Allowance
      Nama                               Posisi                      Gaji        Religious         Kinerja
      Name                              Position                    Salary        Holiday       Performance
                                                                                 Allowance       Incentives     Perumahan     Transportasi     Purna Jabatan     Komunikasi
                                                                                                                 Housing     Transportation      Retirement     Communication

 Dewan Komisaris
 Board of Commissioners
 Muhamad Sidik           Komisaris Utama                              √              √               -              -              √                  √               -
 Heruwibowo              President Commissioner
 Retno Wahyuni           Komisaris Independen                         √              √               -              -              √                  √               -
 Wijayanti               Independent Commissioner
 Johanes Kuntjoro        Komisaris Independen                         √              √               -              -              √                  √               -
 Adisardjono             Independent Commissioner
 Nyimas Dewi Ratih       Komisaris                                    √              √               -              -              √                  √               -
 Kamil                   Commissioner




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                                                                                                                  Annual Report & Sustainability Report    2025 355
Page 356
          Ikhtisar Kinerja                              Laporan Manajemen                       Profil Perusahaan                     Tinjauan Pendukung Bisnis
          Performance Highlights                        Management Report                       Company Profile                       Overview of Business Support Units




                                                                                                                                      Tunjangan
                                                                                  THR         Insentif
                                                                                                                                      Allowance
        Nama                                Posisi                  Gaji      Religious       Kinerja
        Name                               Position                Salary      Holiday     Performance
                                                                              Allowance     Incentives    Perumahan      Transportasi    Purna Jabatan         Komunikasi
                                                                                                           Housing      Transportation     Retirement         Communication

 Direksi
 Board of Directors
 Ida Bagus Ketut         Direktur Utama                               √            √            -              √              -                   √                 -
 Subagia                 President Director
 Rustarti Suri Pertiwi   Direktur Keuangan                            √            √            -              √              -                   √                 -
                         Director of Finance
 Danar Widyantoro        Direktur Manajemen Risiko, Kepatuhan         √            √            -              √              -                   √                 -
                         dan Sumber Daya Manusia
                         Director of Risk Management, Compliance
                         and Human Resources
 Kicky Andrie            Direktur Bisnis                              √            √            -              √              -                   √                 -
 Davetra                 Director of Business
 Lukman Hakim            Direktur Digital dan Operasional             √            √            -              √              -                   √                 -
                         Director of Digital and Operations




                                   Jumlah Remunerasi dalam Setahun                                          Dewan Komisaris                            Direksi
                                     Remuneration Amount in a Year                                       Board of Commissioners                   Board of Directors

 Di atas Rp2 miliar                                                                                                 -                                     5
 Above Rp2 billion
 Di atas Rp1 miliar s.d Rp2 miliar                                                                                  4                                     -
 Above Rp1 billion to Rp2 billion
 Di atas Rp500 juta s.d Rp1 miliar                                                                                  -                                     -
 Above Rp500 million to Rp1 billion
 Rp500 juta ke bawah                                                                                                -                                     -
 Rp500 million and below



                                                                                                            Dewan Komisaris                            Direksi
                                                                                                         Board of Commissioners                   Board of Directors
                                   Jumlah Remunerasi dalam Setahun
                                     Remuneration Amount in a Year
                                                                                                         Jumlah          Rp(Juta)           Jumlah               Rp(Juta)
                                                                                                         Amount         Rp(Million)         Amount              Rp(Million)

 Honorarium                                                                                                4               3.772                  5                9.967
 Honorarium
 Insentif Kinerja                                                                                          2                  19                  1                     6
 Performance Incentives
 Tunjangan                                                                                                 4               1.611                  5                7.311
 Allowance
 Jumlah                                                                                                    4               5.402                  5               17.284
 Total




                                                                                                            Dewan Komisaris                            Direksi
                                                                                                         Board of Commissioners                   Board of Directors
                                   Jumlah Remunerasi dalam Setahun
                                     Remuneration Amount in a Year
                                                                                                         Jumlah          Rp(Juta)           Jumlah               Rp(Juta)
                                                                                                         Amount         Rp(Million)         Amount              Rp(Million)

 Gaji, bonus, tunjangan rutin, tantiem dan fasilitas lainnya dalam bentuk non natura                       4               3.791                  5                 9.973
 Salary, bonuses, routine allowances, tantiem, and other facilities in non-kind form
 Fasilitas lain dalam bentuk natura (perumahan, asuransi kesehatan, dan sebagainya)                        4               1.661                  5                 3.926
 Other facilities in the form of benefits (housing, health insurance, etc.)
 a.   Dapat dimiliki (COP)                                                                                 0                      0               5                 1.811
      Can be owned (COP)
 b.   Tidak dapat dimiliki                                                                                 4                      0               5                 1.574
      Cannot be owned
 Jumlah                                                                                                    4               5.402                  5               17.284
 Total



Bank Raya menetapkan pihak yang menjadi material risk takers, yang                        Bank Raya determines the parties who are material risk takers, consisting
terdiri dari Direksi dan/atau Pekerja lainnya yang karena tugas dan tanggung              of Board of Directors and/or other Employees who, due to their duties and
jawabnya mengambil keputusan yang berdampak signifikan terhadap                           responsibilities, make decisions that have a significant impact on the
profil risiko Perusahaan: atau Direksi, Dewan Komisaris, dan/atau Pekerja                 Company's risk profile: or Board of Directors, Board of Commissioners, and/
yang memperoleh Remunerasi yang Bersifat Variabel dengan nilai yang                       or Employees who receive Variable Remuneration with a large value as
besar sebagaimana ditetapkan dalam Pedoman Pelaksanaan Tata Kelola                        stipulated in the Bank's Remuneration Governance Implementation
Remunerasi Bank.                                                                          Guidelines.




356 PT Bank Raya Indonesia Tbk
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         Analisis dan Pembahasan Manajemen                      Tata Kelola Perusahaan                  Laporan Keberlanjutan                 Laporan Keuangan Audit
         Management Discussion and Analysis                     Good Corporate Governance               Sustainability Report                 Audited Financial Report




Adapun rincian remunerasi yang diberikan dalam 1 (satu) tahun untuk                      The details of the remuneration given in 1 (one) year for MRT are explained
MRT dijelaskan pada tabel berikut ini:                                                   in the following table:


                                                                                             Komisaris                                        Direktur
                                                                                            Commissioner                                      Director
                     Remunerasi yang bersifat variable
                         Variable remuneration
                                                                                  Orang                Juta (Rupiah)               Orang                  Juta (Rupiah)
                                                                                  Person              Million (Rupiah)             Person                Million (Rupiah)

 Tunai                                                                              2                      19                         1                          6
 Cash
 Saham/instrument yang berbasis saham yang diterbitkan Bank                          -                       -                        -                             -
 Shares/share-based instruments issued by the Bank
 Jumlah                                                                             2                      19                         1                          6
 Amount



Secara kumulatif, Bank Raya melaporkan jumlah remunerasi Dewan                           Cumulatively, Bank Raya reports the remuneration amount for the Board
Komisaris dan Direksi untuk tahun 2025 dan perbandingannya dengan                        of Commissioners and Board of Directors for 2025 and its comparison with
tahun sebelumnya.                                                                        the previous year.


                                                                                                                              Jumlah (RpJuta)
                                               Uraian                                                                        Amount (Rp Million)
                                             Description
                                                                                                                 2025                                2024

 Jumlah Remunerasi Dewan Komisaris                                                                                5.402                                  6.017
 Board of Commissioners’ Remuneration Amount
 Jumlah Remunerasi Direksi                                                                                       17.284                             13.163
 Board of Directors' Remuneration Amount
 Jumlah Remunerasi Dewan Komisaris dan Direksi                                                                   22.686                             19.180
 Total Remuneration for the Board of Commissioners and Board of Directors




Rasio Gaji/Honorarium                                                                    Salary/Honorarium Ratio
Sejalan dengan POJK Penerapan Tata Kelola dalam Pemberian Remunerasi                     In line with POJK on the Implementation of Governance in Providing
bagi Bank Umum, Pedoman Pelaksanaan Tata Kelola Remunerasi Bank                          Remuneration for Commercial Banks, Bank Raya’s Remuneration Governance
Raya juga menyajikan informasi terkait dengan beberapa rasio gaji tertinggi              Implementation Guidelines also provide information regarding the highest
dan terendah yang disajikan dalam tabel berikut ini:                                     and lowest salary ratios, as presented in the following table:


                                               Perihal
                                                                                                                 2025                                2024
                                               Subject

 Rasio gaji Direksi tertinggi dan Pekerja tertinggi                                                               2,72 : 1                               2,02 : 1
 Ratio of the highest Director's and the highest Employees’ salaries
 Rasio gaji Pekerja yang tertinggi dan terendah                                                                  46,61 : 1                           44,99 : 1
 Ratio of the highest and lowest Employees’ salaries

 * Karyawan tertinggi pada tabel di atas adalah Executive Vice President, sementara karyawan terendah adalah Assistant
   The highest employee in the table above is the Executive Vice President, while the lowest employee is the Assistant.




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                                                                                                            Annual Report & Sustainability Report   2025 357
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        Ikhtisar Kinerja                       Laporan Manajemen                     Profil Perusahaan                    Tinjauan Pendukung Bisnis
        Performance Highlights                 Management Report                     Company Profile                      Overview of Business Support Units




Organ Pendukung Dewan Komisaris
Supporting Organs of The Board of Commissioners

Struktur Organisasi Dewan Komisaris
Organizational Structure of the Board of Commissioners

Berdasarkan Anggaran Dasar Bank Raya, Dewan Komisaris berwenang                Based on Bank Raya's Articles of Association, the Board of Commissioners
membentuk Komite Audit dan komite-komite lain, jika dianggap perlu             has the authority to form an Audit Committee and other committees, if
dengan memperhatikan kemampuan Bank. Sejalan dengan ketentuan                  deemed necessary, by considering the Bank's capabilities. In line with this
tersebut, Kebijakan Umum Penerapan GCG Bank Raya mewajibkan Dewan              provision, Bank Raya's General Policy for the Implementation of GCG
Komisaris Bank membentuk Komite Audit, Komite Remunerasi dan Nominasi,         requires the Bank's Board of Commissioners to form an Audit Committee,
dan Komite Pemantau Risiko. Selanjutnya, pembentukan ketiga komite             a Remuneration and Nomination Committee, and a Risk Monitoring
tersebut oleh Dewan Komisaris tersebut juga merupakan bagian dari              Committee. The establishment of these three committees by the Board of
implementasi Piagam Dewan Komisaris.                                           Commissioners is also part of the implementation of the Board of
                                                                               Commissioners Charter.

Komite-komite tersebut di bawah koordinasi Dewan Komisaris dan bertanggung     These committees are under the coordination of and are responsible to
jawab kepada Dewan Komisaris. Direksi Bank Raya melakukan pengangkatan         the Board of Commissioners. The Committee members are appointed and
dan pemberhentian anggota Komite berdasarkan keputusan rapat Dewan             dismissed by the Board of Directors based on the Board of Commissioners’
Komisaris. Ketiga komite tersebut membantu Dewan Komisaris untuk               meeting decision. The three committees assist the Board of Commissioners
memperkuat fungsi pengawasan (oversight) guna meningkatkan kepercayaan         in strengthening the oversight function in order to increase public trust in
publik terhadap pengelolaan Bank. Komite melakukan monitoring proses           the management of the Bank. The Committee continuously monitors the
perbaikan yang berkesinambungan atas kebijakan, prosedur, dan praktik          improvement process of policies, procedures, and practices at all levels
pada semua tingkatan dalam Bank guna memastikan telah dilakukannya             within the Bank to ensure that good management and internal control of
pengelolaan dan pengendalian internal Bank Raya yang baik.                     Bank Raya have been carried out.

Adapun struktur organisasi Dewan Komisaris sebagai salah satu organ            The organizational structure of the Board of Commissioners, as one of Bank
utama Bank Raya beserta ketiga komite pendukungnya digambarkan                 Raya's main organs, and its three supporting committees, is illustrated below.
sebagai berikut:




                                                              Dewan Komisaris
                                                            Board of Commissioner




               Komite Audit                                     Komite Pemantau Risiko                              Komite Remunerasi & Nominasi
                                                                                                                    Remuneration and Nomination
              Audit Committee                                  Risk Monitoring Committee                                     Committee




Etika Kerja Komite Pendukung Dewan Komisaris
Work Ethics of the Board of Commissioners' Supporting Committees

Setiap anggota dari Komite Audit, Komite Remunerasi dan Nominasi, dan          Each member of the Audit Committee, the Remuneration and Nomination
Komite Pemantau Risiko berkomitmen untuk menaati etika kerja yang              Committee, and the Risk Monitoring Committee is committed to adhering
telah ditetapkan oleh Bank Raya sebagai berikut:                               to the work ethics established by Bank Raya, as follows:
•    Setiap anggota Komite harus bersifat objektif dan independent dalam       •    Each Committee member must be objective and independent in
     menjalankan tugasnya,                                                          carrying out duties.
•    Setiap anggota Komite harus selalu menjunjung tinggi integritas sikap     •    Each Committee member must always uphold integrity in their attitudes
     dan perilakunya,                                                               and behavior.
•    Setiap anggota Komite dalam menjalankan tugas harus selalu bertindak      •    Each Committee member in carrying out duties must always act
     professional dan menerapkan prinsip kehati-hatian,                             professionally and apply the principle of prudence.
•    Setiap anggota Komite harus bekerja sesuai dengan uraian jabatan          •    Each Committee member must work in accordance with the job
     dan ketentuan-ketentuan yang berlaku bagi komitenya serta peraturan            description and provisions applicable to the committee, as well as
     perundangan yang berlaku,                                                      applicable laws and regulations.
•    Setiap anggota Komite wajib menjaga kerahasiaan informasi dan             •    Each Committee member is required to maintain confidentiality of
     rahasia jabatannya sesuai klasifikasi informasi tersebut dan asas-asas         information and secrecy of position, following the classification of such
     kepatutan,                                                                     information and the principle of propriety.
•    Setiap anggota Komite harus menghindari benturan kepentingan              •    Each Committee member must avoid conflict of interest with any
     dengan usulan yang diberikan oleh Komite,                                      proposals submitted by the Committee.
•    Dalam hal anggota Komite memiliki benturan kepentingan dengan             •    In the event that a Committee member has a conflict of interest with
     usulan yang direkomendasikan Komite, maka wajib diungkapkan                    the proposal recommended by the Committee, it must be disclosed
     dalam usulan yang direkomendasikan,                                            in the recommended proposal.
•    Setiap anggota Komite dilarang menerima hadiah atau pemberian             •    Each Committee member is prohibited from accepting gifts or other
     dalam bentuk apapun yang patut diduga terkait dengan jabatannya,               gifts in any forms that can be suspected of being related to the position.
•    Setiap anggota Komite wajib bekerja sama dalam melaksanakan               •    Each Committee member is required to cooperate in performing the
     tugas-tugas dan fungsi Komite.                                                 Committee’s duties and functions.



358 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen               Tata Kelola Perusahaan                Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis              Good Corporate Governance             Sustainability Report                 Audited Financial Report




Komite Audit
Audit Committee

Komite Audit, berdasarkan POJK No. 55/POJK.04/2015 tentang Pembentukan       The Audit Committee, based on POJK No. 55/POJK.04/2015 on the
dan Pedoman Pelaksanaan Kerja Komite Audit, adalah komite yang               Establishment and Guidelines for the Implementation of Audit Committee’s
dibentuk oleh dan bertanggung jawab kepada Dewan Komisaris dalam             Work, is a committee formed by and responsible to the Board of Commissioners
membantu melaksanakan tugas dan fungsi Dewan Komisaris. Secara               to assist in carrying out the Board of Commissioners’ duties and functions.
spesifik, Kebijakan Umum Penerapan GCG Bank Raya mendefinisikan              Specifically, Bank Raya’s GCG Implementation General Policy defines the
Komite Audit adalah Komite yang dibentuk dan bertanggung jawab               Audit Committee as a Committee formed and responsible to the Board of
kepada Dewan Komisaris dalam memantau dan memastikan efektivitas             Commissioners in monitoring and ensuring the effectiveness of internal
sistem pengendalian internal dan pelaksanaan tugas auditor internal dan      control system and implementation of duties of internal auditors and external
auditor eksternal dengan melakukan pemantauan dan evaluasi atas              auditors by monitoring and evaluating the planning and implementation
perencanaan dan pelaksanaan audit dalam rangka menilai kecukupan             of audits in order to assess the adequacy of internal control including the
pengendalian internal termasuk proses pelaporan keuangan.                    financial reporting process.


Pedoman Kerja Komite Audit                                                   Audit Committee Charter
Komite Audit Bank Raya telah memiliki Pedoman Kerja Komite Audit             Bank Raya's Audit Committee has an Audit Committee Work Guideline
(selanjutnya disebut Piagam Komite Audit) yang telah ditetapkan oleh         (hereinafter referred to as the Audit Committee Charter) established by
Dewan Komisaris. Piagam Komite Audit ini mengalami pembaruan seiring         the Board of Commissioners. This Audit Committee Charter has been
dengan perkembangan skala bisnis dan organisasi Perseroan yang terakhir      updated in line with the Company's business and organizational scale,
ditetapkan berdasarkan Keputusan Dewan Komisaris Bank Raya No. Kpts:         lastly stipulated under Bank Raya’s Board of Commissioners’ Decision No.
B.01/DK/X/2024 pada 1 Oktober 2024 tentang Pedoman Kerja Komite              Kpts: B.01/DK/X/2024 dated October 1, 2024, on the Audit Committee’s
Audit. Piagam Komite Audit tersebut menjelaskan tentang dasar hukum;         Work Guidelines (Charter). The Audit Committee Charter outlines the legal
tanggung jawab dan wewenang; organisasi; etika kerja; waktu kerja; rapat;    basis; responsibilities and authorities; organization; work ethics; working
korespondensi; dan penutup.                                                  hours; meetings; correspondence; and closing.


Tugas dan Tanggung Jawab Komite                                              Duties and Responsibilities of the Audit
Audit                                                                        Committee

Berdasarkan Piagam Komite Audit, Komite Audit memiliki tugas dan             Based on the Audit Committee Charter, the Audit Committee has the duties
kewajiban sebagaimana diatur dalam Pedoman Kerja Komite Audit                and responsibilities as stipulated in the Audit Committee Charter, as follows:
sebagai berikut:
1. Melakukan penelaahan atas informasi keuangan yang akan dikeluarkan        1.    Reviewing financial information to be issued by the Company and/
    Perseroan dan/atau pihak otoritas antara lain laporan keuangan,                or authorities, among others, financial statements, projections, and
    proyeksi, dan laporan lainnya terkait dengan informasi keuangan                other reports related to the Company's financial information;
    Perseroan;
2. Melakukan penelaahan atas ketaatan terhadap peraturan perundang-          2.    Reviewing compliance with laws and regulations related to the
    undangan yang berhubungan dengan kegiatan Perseroan;                           Company's activities;
3. Memberikan pendapat independen dalam hal terjadi perbedaan                3.    Providing an independent opinion in the event of dissenting opinion
    pendapat antara manajemen dan akuntan atas jasa yang                           between management and the accountant regarding the services
    diberikannya;                                                                  provided;
4. Memberikan rekomendasi kepada Dewan Komisaris mengenai                    4.    Providing recommendations to the Board of Commissioners regarding
    penunjukan akuntan yang didasarkan pada independensi, ruang                    the appointment of an accountant based on independence, assignment
    lingkup penugasan, dan imbalan jasa;                                           scope and service fees;
5. Melakukan penelaahan atas pelaksanaan pemeriksaan oleh auditor            5.    Reviewing the audits conducted by the Internal Auditor and supervising
    Internal dan mengawasi pelaksanaan tindak lanjut oleh Direksi atas             the Board of Directors' follow-up on the Internal Auditor's findings;
    temuan auditor Internal;
6. Menelaah pengaduan yang berkaitan dengan proses akuntansi dan             6.  Reviewing complaints related to the Company's accounting and
    pelaporan keuangan Perseroan;                                                financial reporting process;
7. Menelaah dan memberikan saran kepada Dewan Komisaris terkait              7. Reviewing and providing advice to the Board of Commissioners
    dengan adanya potensi benturan kepentingan Perseroan;                        regarding potential conflicts of interest within the Company;
8. Menjaga kerahasiaan dokumen, data dan informasi Perseroan;                8. Maintaining the confidentiality of the Company's documents, data
                                                                                 and information;
9.  Komite audit wajib melakukan pemantauan dan evaluasi atas                9. The Audit Committee is required to monitor and evaluate the planning
    perencanaan dan pelaksanaan audit serta pemantauan atas tindak               and implementation of audits, as well as the follow-up to audit results,
    lanjut hasil audit dalam rangka menilai kecukupan pengendalian               in order to assess the adequacy of internal control, including the
    intern, termasuk kecukupan proses pelaporan keuangan;                        adequacy of the financial reporting process.
10. Dalam rangka melaksanakan tugasnya di atas, Komite audit wajib           10. In carrying out its duties as mentioned above, the Audit Committee is
    melakukan pemantauan dan evaluasi paling sedikit terhadap:                   required to monitor and evaluate at least on:
    •    Pelaksanaan tugas satuan kerja audit Intern;                            •    The implementation of Internal Audit Unit’s duties;
    •    Kesesuaian pelaksanaan audit oleh kantor akuntan publik dengan          •    The conformity of the audit conducted by public accounting firm
         standar audit;                                                               with auditing standards;
    •    Kesesuaian laporan keuangan dengan Standar akuntansi                    •    The conformity of financial statements with Financial Accounting
         Keuangan;                                                                    Standards;
    •    Pelaksanaan tindak lanjut oleh Direksi atas hasil temuan Satuan         •    The Board of Directors' follow-up on the findings of Internal Audit
         Kerja audit Intern, akuntan publik, dan hasil pengawasan Otoritas            Unit, public accountants, and the supervision results by the Financial
         Jasa Keuangan, guna memberikan rekomendasi kepada Dewan                      Services Authority, in order to provide recommendations to the
         Komisaris.                                                                   Board of Commissioners.


                                                                                      Laporan Tahunan & Laporan Keberlanjutan
                                                                                                 Annual Report & Sustainability Report   2025 359
Page 360
         Ikhtisar Kinerja                            Laporan Manajemen                      Profil Perusahaan                   Tinjauan Pendukung Bisnis
         Performance Highlights                      Management Report                      Company Profile                     Overview of Business Support Units




11. Komite audit wajib memberikan rekomendasi mengenai penunjukan                     11. The Audit Committee is required to provide recommendations regarding
    akuntan publik dan Kantor akuntan publik kepada Dewan Komisaris                       the appointment of public accountant and Public Accounting Firm to
    untuk disampaikan kepada RUPS tahunan.                                                the Board of Commissioners to be submitted to the Annual GMS.


Organisasi dan Keanggotaan                                                            Organization and Membership
Komite Audit Bank Raya berada di bawah koordinasi Dewan Komisaris                     Bank Raya's Audit Committee is under the coordination of is responsible
dan bertanggung jawab kepada Dewan Komisaris. Pengangkatan dan                        to the Board of Commissioners. The committee members are appointed
pemberhentian anggota komite dilakukan oleh Direksi berdasarkan                       and dismissed by the Board of Directors based on the Board of Commissioners’
keputusan rapat Dewan Komisaris. Selanjutnya, berdasarkan keanggotaan                 meeting decision. Furthermore, based on the committee's membership,
komite, anggota komite ini terdiri dari 3 (tiga) orang, salah satu diantaranya        this committee consists of 3 (three) members, one of whom is an Independent
adalah Komisaris Independen yang bertindak sebagai Ketua Komite.                      Commissioner who acts as the Chairperson of Committee.


Pembagian Tugas Antar Anggota Komite                                                  Division of Duties Among Audit
Audit                                                                                 Committee Members

Sejalan dengan ketentuan yang diatur dalam POJK Penerapan Tata Kelola                 In line with the provisions stipulated in the POJK on the Implementation of
bagi Bank Umum, Komite Audit diketuai oleh Komisaris Independen. Ketua                Governance for Commercial Banks, the Audit Committee is chaired by an
Komite Audit Bank tidak diperbolehkan merangkap jabatan sebagai Ketua                 Independent Commissioner. The Chairperson of the Audit Committee is
Komite lebih dari 1 (satu) pada Komite lain. Dari minimal 3 (tiga) anggota            not permitted to hold more than 1 (one) concurrent position as Chairperson
Komite Audit termasuk Ketua Komite, anggota Komite Audit lainnya adalah               of another committee. Of the minimum 3 (three) members of the Audit
pihak independen yang memiliki keahlian di bidang keuangan atau                       Committee, including the Chair, other members of the Audit Committee,
akuntansi dengan pengalaman kerja paling sedikit 5 (lima) tahun di bidang             must be independent parties with expertise in finance or accounting with
keuangan dan/atau akuntansi. Satu orang anggota lainnya adalah pihak                  at least 5 (five) years of work experience in finance and/or accounting.
independen yang memiliki keahlian di bidang hukum atau perbankan                      One other member is an independent party with expertise in law or banking
dengan pengalaman kerja paling sedikit 5 (lima) tahun di bidang hukum                 with at least 5 (five) years of work experience in law or banking.
atau perbankan.

Dalam menjalankan tugasnya Komite Audit dapat bekerja sama dengan                     In carrying out its duties, the Audit Committee can collaborate with its
mitra kerjanya antara lain internal audit, auditor eksternal, unit-unit operasional   partners, including internal audit, external auditors, the Bank's operational
Bank, divisi manajemen risiko dan kepatuhan.                                          units, and the risk management and compliance divisions.


Masa Jabatan Komite Audit                                                             Audit Committee’s Term of Office
Menurut Piagam Komite Audit, masa tugas anggota Komite Audit tidak                    According to the Audit Committee Charter, the term of office of Audit
boleh lebih dari masa jabatan Dewan Komisaris sebagaimana diatur                      Committee’s members may not exceed the Board of Commissioners’ term
dalam Anggaran Dasar dan dapat dipilih kembali hanya untuk 1 (satu)                   of office as stipulated in the Articles of Association and may be re-elected
periode berikutnya.                                                                   for only one subsequent term.


Jumlah, Komposisi dan Susunan Komite                                                  Number, Composition, and Structure of
Audit                                                                                 the Audit Committee

Jumlah Komite Audit yang bertugas hingga akhir tahun 2025 terdiri dari 4              The number of Audit Committee’s members serving until the end of 2025,
(empat) orang yakni 1 (satu) Ketua Komite Audit dan 3 (tiga) anggota                  consisted of 4 (four) people, namely 1 (one) Chairperson of Audit Committee
Komite Audit. Per 31 Desember 2025, Komite Audit diketuai oleh Johanes                and 3 (three) members of Audit Committee. As of December 31, 2025, the
Kuntjoro Adisardjono, salah seorang Komisaris Independen Bank Raya.                   Audit Committee is chaired by Johanes Kuntjoro Adisardjono, one of Bank
Sementara itu, anggota Komite Audit lainnya terdiri dari 3 (tiga) orang dari          Raya’s Independent Commissioners. Meanwhile, Audit Committee’s members
pihak independen dengan keahlian di bidang keuangan atau akuntansi                    are 3 (three) independent parties with expertise in finance or accounting
dan bidang hukum atau perbankan. Penetapan komposisi dan susunan                      and law or banking. The composition and structure of this Audit Committee
Komite Audit ini yang menjabat hingga 31 Desember 2025 berpedoman                     serving until December 31, 2025, is regulated under the Board of
pada Surat Keputusan Dewan Komisaris No. R.169/DIR.01.03/HCP/10/2025                  Commissioners’ Decision No. R.169/DIR.01.03/HCP/10/2025 dated October
tanggal 01 Oktober 2025 tentang Susunan Anggota Komite Audit.                         1, 2025, on the Composition of Audit Committee’s Members.

Komposisi Komite Audit Bank Raya tersebut telah sesuai dengan ketentuan               The composition of Bank Raya's Audit Committee is in line with the provisions
POJK Penerapan Tata Kelola bagi Bank Umum yang mewajibkan Komite                      of POJK on the Implementation of Governance for Commercial Banks,
Audit paling sedikit terdiri dari 3 (tiga) orang anggota yang terdiri dari 1          which requires the Audit Committee to consist of at least 3 (three) members,
(satu) orang Komisaris Independen, 2 (dua) orang dari pihak independen                consisting of 1 (one) Independent Commissioner, 2 (two) independent
yang memiliki di bidang keuangan atau akuntansi dan hukum atau bidang                 parties with expertise in finance, accounting, and law or banking sector,
perbankan, bagi Bank yang melaksanakan kegiatan usaha secara                          for banks conducting conventional business activities. The changes in the
konvensional. Adapun perubahan susunan Komite Audit selama tahun                      Audit Committee’s composition during 2025 is as follows:
2025 adalah sebagai berikut:




360 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                   Tata Kelola Perusahaan                           Laporan Keberlanjutan                   Laporan Keuangan Audit
       Management Discussion and Analysis                  Good Corporate Governance                        Sustainability Report                   Audited Financial Report




                                                                    Januari 2025 - September 2025                               Oktober 2025 - 31 Desember 2025
                                                                  January 2025 - December 31, 2025                              October 2025 - December 31, 2025

 Ketua                                                 Johanes Kuntjoro Adisardjono                                   Johanes Kuntjoro Adisardjono
 Chairperson
 Anggota                                               Ari Setyo Wibowo                                               Retno Wahyuni Wijayanti
 Member
 Anggota                                               Sus Kiranawati Handayani                                       Gafyunedi
 Member
 Anggota                                               -                                                              Sus Kiranawati Handayani
 Member




Dasar Hukum Pengangkatan dan                                                            Legal Basis for Appointment and
Keahlian Anggota Komite Audit                                                           Expertise of Audit Committee’s Members

Kebijakan Umum Penerapan GCG Bank Raya menetapkan bahwa                                 Bank Raya's General Policy on GCG Implementation stipulates that the
pengangkatan dan pemberhentian anggota komite Dewan Komisaris                           Board of Commissioners’ committee members must be appointed and
wajib dilakukan oleh Direksi berdasarkan keputusan rapat Dewan Komisaris.               dismissed by the Board of Directors based on the Board of Commissioners’
Sehubungan dengan hal tersebut, Direksi telah melakukan pengangkutan                    meeting decision. As such, the Board of Directors has appointed Audit
anggota Komite Audit melalui sejumlah keputusan direksi yang disajikan                  Committee members through a number of Board of Directors’ decisions,
berikut ini.                                                                            as presented below.


Periode Januari 2025 - September 2025                                                   Period January 2025 - September 2025
                                                                                                                                                                       Periode
      Nama               Jabatan                            Dasar Pengangkatan                                    Keahlian                 Masa Jabatan                Jabatan
      Name               Position                           Basis of Appointment                                  Expertise                Term of Office              Period of
                                                                                                                                                                       Position

 Johanes Kuntjoro   Ketua/Komisaris     Surat Keputusan Direksi No. Kpts.R.147/Dir.01.02/HCP/05/2024        Perbankan/ Keuangan,     Mengikuti masa jabatan          Ke-1
 Adisardjono        Independen          Tanggal 30 Mei 2024 tentang Susunan Anggota Komite Audit            Audit dan Kepatuhan      sebagai Dewan Komisaris

                    Chairperson/        Board of Directors’ Decision No. Kpts.R.147/Dir.01.02/              Banking/Finance, Audit   Following the term of office    1st
                    Independent         HCP/05/2024 dated May 30, 2024 on the Composition of                and Compliance           as a member of the Board
                    Commissioner        Audit Committee Members                                                                      of Commissioners
 Ari Setyo Wibowo   Anggota/            Surat Keputusan Direksi No. Kpts.R.147/Dir.01.02/HCP/05/2024        Perbankan, Audit         10 Juli 2023 s.d 10 Juli 2024   Ke-1
                    Independen          Tanggal 30 Mei 2024 tentang Susunan Anggota Komite Audit

                    Member/             Board of Directors’ Decision No. Kpts.R.147/Dir.01.02/HCP/05/2024   Banking, Audit           July 10, 2023 to July 10,       1st
                    Independent         dated May 30, 2024 on the Composition of Audit Committee                                     2024
                                        Members
 Sus Kiranawati     Anggota/            Surat Keputusan Direksi No. Kpts.R.147/Dir.01.02/HCP/05/2024        Perbankan, Audit         1 April 2024 s.d 31 Maret       Ke-1
 Handayani          Independen          Tanggal 30 Mei 2024 tentang Susunan Anggota Komite Audit                                     2027

                    Member/             Board of Directors’ Decision No. Kpts.R.147/Dir.01.02/HCP/05/2024   Banking, Audit           April 1, 2024 to March 31,      1st
                    Independent         dated May 30, 2024 on the Composition of Audit Committee                                     2027
                                        Members



Periode Oktober 2025 - Desember 2025                                                    Period October 2025 - December 2025
                                                                                                                                                                      Periode
      Nama               Jabatan                            Dasar Pengangkatan                                    Keahlian                 Masa Jabatan               Jabatan
      Name               Position                           Basis of Appointment                                  Expertise                Term of Office             Period of
                                                                                                                                                                      Position

 Johanes Kuntjoro   Ketua/Komisaris     Surat Keputusan Dewan Komisaris No. R.169/DIR.01.03/                P e r b a n k a n /      Mengikuti masa jabatan          Ke-1
 Adisardjono        Independen          HCP/10/2025 tanggal 30 September 2025 tentang Susunan               Keuangan, Audit dan      sebagai Dewan Komisaris
                                        Anggota Komite Audit.                                               Kepatuhan

                    Chairperson/        Board of Directors’ Decision No. R.169/Dir.01.03/HCP/10/2025        Banking/Finance,         Following the term of office    1st
                    Independent         dated September 30, 2025, on the Composition of Audit               Audit and Compliance     as a member of the Board
                    Commissioner        Committee Members                                                                            of Commissioners
 Retno Wahyuni      Anggota/Komisaris   Surat Keputusan Dewan Komisaris No. R.169/DIR.01.03/                Perbankan/Audit dan      Mengikuti masa jabatan          Ke-1
 Wijayanti          Independen          HCP/10/2025 tanggal 30 September 2025 tentang Susunan               Manajemen Risiko         sebagai Dewan Komisaris
                                        Anggota Komite Audit.

                    Chairperson/        Board of Directors’ Decision No. R.169/Dir.01.03/HCP/10/2025        Banking/Audit, and       Following the term of office    1st
                    Independent         dated September 30, 2025, on the Composition of Audit               Risk Management          as a member of the Board
                    Commissioner        Committee Members                                                                            of Commissioners




                                                                                                  Laporan Tahunan & Laporan Keberlanjutan
                                                                                                               Annual Report & Sustainability Report        2025 361
Page 362
         Ikhtisar Kinerja                              Laporan Manajemen                           Profil Perusahaan                        Tinjauan Pendukung Bisnis
         Performance Highlights                        Management Report                           Company Profile                          Overview of Business Support Units




                                                                                                                                                                       Periode
        Nama               Jabatan                                Dasar Pengangkatan                                Keahlian                 Masa Jabatan              Jabatan
        Name               Position                               Basis of Appointment                              Expertise                Term of Office            Period of
                                                                                                                                                                       Position

 Gafyunedi            Anggota/                 Surat Keputusan Dewan Komisaris No. R.169/DIR.01.03/           Perbankan/ Keuangan,      1 Oktober 2025-01 Oktober     Ke-1
                      Independen               HCP/10/2025 tanggal 30 September 2025 tentang Susunan          Audit, dan Manajemen      2028
                                               Anggota Komite Audit.                                          Risiko

                      Member/                  Board of Directors’ Decision No. R.169/Dir.01.03/HCP/10/2025   Banking/Finance, Audit,   October 1, 2025, to October   1st
                      Independent              dated September 30, 2025, on the Composition of Audit          and Risk Management       1, 2028
                                               Committee Members
 Sus Kiranawati       Anggota/                 Surat Keputusan Dewan Komisaris No. R.169/DIR.01.03/           Perbankan, Audit          1 April 2024 s.d 31 Maret     Ke-1
 Handayani            Independen               HCP/10/2025 tanggal 30 September 2025 tentang Susunan                                    2027
                                               Anggota Komite Audit.

                      Member/                  Board of Directors’ Decision No. R.169/Dir.01.03/HCP/10/2025   Banking, Audit            April 1, 2024 to March 31,    1st
                      Independent              dated September 30, 2025, on the Composition of Audit                                    2027
                                               Committee Members



Pengangkatan anggota Komite Audit tersebut juga telah mempertimbangkan                      The appointment of the Audit Committee’s members has also considered
keahlian atau kompetensi dari masing-masing anggota Komite Audit                            the expertise and competencies of each member, as described in the table
sebagaimana dijelaskan pada tabel tersebut di atas.                                         above.


Profil Anggota Komite Audit                                                                 Audit Committee’s Member Profiles
Profil Ketua Komite Audit yang berasal dari anggota Dewan Komisaris                         The profile of Audit Committee’s Chairperson, Johanes Kuntjoro Adisardjono
yakni Johanes Kuntjoro Adisardjono dan Retno Wahyuni Wijayanti dapat                        and Retno Wahyuni Wijayanti, a member of the Board of Commissioners,
dilihat di bab Profil Perusahaan dari laporan tahunan berkelanjutan ini.                    can be seen in the Company Profile section of this annual and sustainability
Sementara itu, profil anggota Komite Audit dari pihak independen beserta                    report. Meanwhile, the profiles of independent Audit Committee’s members,
sertifikat keahlian disajikan berikut ini:                                                  along with their expertise certification are presented below:




Ari Setyo Wibowo
Anggota Komite Audit
Audit Committee’s Member
Periode Januari 2025 - September 2025 | Period January 2025 - September 2025


 Domisili                  Jakarta
 Domicile
 Kewarganegaraan           Indonesia
 Nationality
 Usia                      63 tahun pada akhir tahun buku 2025
 Age                       63 years old at the end of the 2025 fiscal year




 Dasar Hukum Pengangkatan                  Surat Keputusan Direksi No.Kpts.R.311/Dir.01.04/HCP/10/2023 Tanggal 09 Oktober 2023 tentang Susunan Anggota Komite Audit
 Legal Basis for Appointment               Board of Directors’ Decision No. Kpts.R.311/Dir.01.04/HCP/10/2023 dated October 9, 2023, on the Composition of Audit Committee’s
                                           Members
 Riwayat Pendidikan                        •      Master of Business Banking Monash University (1994)
                                           •      Sarjana Ekonomi Manajemen, Universitas Diponegoro (1986)

 Educational background                    •      Master of Business Banking, Monash University (1994)
                                           •      Bachelor of Economics in Management, Universitas Diponegoro (1986)
 Sertifikasi                               Sertifikasi Manajemen Risiko Level 4
 Certification                             Level 4 Risk Management Certification
 Pengalaman Kerja                          •      Kepala Audit Wilayah BRI Jakarta 3 (2017-2018)
                                           •      Kepala Divisi Operasional SDM Kantor Pusat BRI (2015-2017)
                                           •      Wakil Pemimpin Wilayah Bidang Operasional Kantor Wilayah BRI Jakarta 1 (2013-2015)

 Work experience                           •      Head of Regional Audit for BRI Jakarta 3 (2017-2018)
                                           •      Head of Human Resources Operations Division, BRI Head Office (2015-2017)
                                           •      Deputy Regional Head of Operations, BRI Jakarta 1 Regional Office (2013-2015)




362 PT Bank Raya Indonesia Tbk
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        Analisis dan Pembahasan Manajemen                       Tata Kelola Perusahaan                     Laporan Keberlanjutan                 Laporan Keuangan Audit
        Management Discussion and Analysis                      Good Corporate Governance                  Sustainability Report                 Audited Financial Report




Sus Kiranawati Handayani
Anggota Komite Audit
Audit Committee’s Member
Periode Januari 2025 - September 2025 | Period January 2025 - September 2025
Periode Oktober 2025 - Desember 2025 | Period October 2025 - December 2025


 Domisili                  Tangerang Selatan
 Domicile                  South Tangerang
 Kewarganegaraan           Indonesia
 Nationality
 Usia                      60 tahun pada akhir tahun buku 2025
 Age                       60 years old at the end of the 2025 fiscal year




 Dasar Hukum Pengangkatan                  Surat Keputusan Direksi No.R.61/Dir.01.04/HCP/04/2024 Tanggal 2 April 2024 tentang Susunan Anggota Komite Audit
 Legal Basis for Appointment               Board of Directors’ Decision No.R.61/Dir.01.04/HCP/04/2024 dated April 2, 2024 on the Composition of Audit Committee’s Members
 Riwayat Pendidikan                        Sarjana Ekonomi Jurusan Ekonomi Manajemen Universitas Padjadjaran Bandung (1988)
 Educational background                    Bachelor of Economics, Department of Management Economics, Universitas Padjadjaran, Bandung (1988)
 Sertifikasi                               Sertifikasi Manajemen Risiko Jenjang 5
 Certification                             Risk Management Certification Level 5
 Pengalaman Kerja                          •     Kepala Satuan Kerja Audit Intern PT Prima Karya Sarana Sejahtera (PT PKSS) (2023-2024)
                                           •     Assesor Kompetensi Bidang Audit LSP BRI (2019-2022)
                                           •     Wakil Kepala Audit Intern BRI Wilayah Jakarta 3 (2021-2021)
                                           •     Wakil Kepala Audit Intern BRI Wilayah Yogyakarta (2020-2021)
                                           •     Wakil Kepala Audit Intern BRI Wilayah Padang (2020-2020)

 Work experience                           •     Head of Internal Audit Unit at PT Prima Karya Sarana Sejahtera (PT PKSS) (2023-2024)
                                           •     Audit Competency Assessor for LSP BRI (2019-2022)
                                           •     Deputy Head of Internal Audit for BRI Jakarta Region 3 (2021-2021)
                                           •     Deputy Head of Internal Audit for BRI Yogyakarta Region (2020-2021)
                                           •     Deputy Head of Internal Audit for BRI Padang Region (2020-2020)




Gafyunedi
Anggota Komite Audit
Audit Committee’s Member
Periode Oktober 2025 - Desember 2025 | Period October 2025 - December 2025



 Domisili                  Jakarta
 Domicile
 Kewarganegaraan           Indonesia
 Nationality
 Usia                      59 tahun pada akhir tahun buku 2025
 Age                       59 years old at the end of the 2025 fiscal year




 Dasar Hukum Pengangkatan                  Surat Keputusan Direksi No. R.169/Dir.01.03/HCP/10/2025 tanggal 30 September 2025 tentang Susunan Anggota Komite Audit
 Legal Basis for Appointment               Board of Directors’ Decision No. R.169/Dir.01.03/HCP/10/2025 dated September 30, 2025, on the Composition of Audit Committee
                                           Members
 Riwayat Pendidikan                        Universitas Andalas
 Educational background                    Universitas Andalas
 Sertifikasi                               Sertifikasi Manajemen Risiko Level 4
 Certification                             Level 4 Risk Management Certification
 Pengalaman Kerja                          •     Staff di BPD Sumbar (1989-1990)
                                           •     Regional Risk Manager Jakarta 2 PT BRI (1990-2022)

 Work experience                           •     Staff at BPD West Sumatra (1989-1990)
                                           •     Regional Risk Manager Jakarta 2 at PT BRI (1990-2022)




                                                                                                  Laporan Tahunan & Laporan Keberlanjutan
                                                                                                               Annual Report & Sustainability Report   2025 363
Page 364
         Ikhtisar Kinerja                                  Laporan Manajemen                             Profil Perusahaan                   Tinjauan Pendukung Bisnis
         Performance Highlights                            Management Report                             Company Profile                     Overview of Business Support Units




Independensi Komite Audit                                                                          Audit Committee’s Independence
Sejalan dengan POJK Penerapan Tata Kelola bagi Bank Umum, Piagam                                   In line with POJK on the Implementation of Governance for Commercial
Komite Audit Bank Raya telah menetapkan persyaratan independensi                                   Banks, Audit Committee Charter of Bank Raya has set out the independence
dan telah dipenuhi oleh anggota Komite Audit Bank sebagaimana                                      requirements and has been fulfilled by the members of the Bank's Audit
dijelaskan berikut ini:                                                                            Committee, as explained below:



                                                                                                                       Retno
                                                                                                  Johanes Kuntjoro                   Ari Setyo                   Sus Kiranawati
                                                                                                                     Wahyuni                       Gafyunedi
                                    Aspek Independensi                                               Adisardjono                     Wibowo                        Handayani
                                                                                                                     Wijayanti                     (Anggota)
                                   Independence Aspect                                                 (Ketua)                      (Anggota)                      (Anggota)
                                                                                                                     (Anggota)                     (Member)
                                                                                                    (Chairperson)                   (Member)                       (Member)
                                                                                                                     (Member)


 Merupakan orang dalam Kantor Akuntan Publik, Kantor Konsultan Hukum, Kantor Jasa                        x                x             x              x               x
 Penilai Publik atau pihak lain yang memberi jasa asuransi, jasa non asuransi, jasa penilai
 dan/atau jasa konsultasi lain kepada Bank Raya dalam waktu 6 (enam) bulan terakhir.

 A person in a Public Accounting Firm, Legal Consultant Firm, Public Appraisal Services Firm
 or other party that provides insurance services, non-insurance services, appraisal services
 and/or other consulting services to Bank Raya in the last 6 (six) months.
 Merupakan orang yang bekerja atau mempunyai wewenang dan tanggung jawab                                 x                x             x              x               x
 untuk merencanakan, memimpin, mengendalikan, atau mengawasi kegiatan Bank
 Raya dalam waktu 6 (enam) bulan terakhir.

 A person who works or has the authority and responsibility to plan, lead, control or supervise
 Bank Raya activities in the last 6 (six) months.
 Memiliki saham Bank Raya, baik langsung maupun tidak langsung                                           x                x             x              x               x
 A person who own shares in Bank Raya, either directly or indirectly
 Memiliki hubungan afiliasi dengan anggota Dewan Komisaris, anggota Direksi, atau                        x                x             x              x               x
 Pemegang Saham Utama/Pengendali

 A person who have an affiliated relationship with members of the Board of Commissioners,
 members of the Board of Directors, or Major/Controlling Shareholders
 Memiliki hubungan usaha, baik langsung maupun tidak langsung yang berkaitan                             x                x             x              x               x
 dengan kegiatan usaha Bank Raya

 A person who have a business relationship, either directly or indirectly, related to Bank
 Raya's business activities




Rapat Komite Audit                                                                                 Audit Committee’s Meeting
Berdasarkan POJK Penerapan Tata kelola Bagi Bank Umum dan Piagam                                   Based on POJK on the Implementation of Governance for Commercial
Komite Audit Bank Raya menetapkan bahwa rapat Komite Audit diselenggarakan                         Banks and Bank Raya’s Audit Committee Charter, an Audit Committee’s
sesuai dengan kebutuhan Bank dan dilaksanakan sekurang-kurangnya 1 kali                            meeting is held according to the Bank's needs and at least once every 3
dalam 3 bulan. Rapat komite ini yang harus mencantumkan agenda rapat,                              months. This committee’s meeting must include the meeting agenda, date,
tanggal, waktu, dan tempat pelaksanaan rapat yang dipimpin oleh Ketua                              time, and venue, and is led by the Committee Chairperson or another
Komite atau anggota Komite lainnya yang ditunjukan oleh Ketua Komite jika                          Committee member appointed by the Committee Chairperson if unable
berhalangan hadir.                                                                                 to attend.

Rapat komite ini dianggap sah dan berhak mengambil keputusan, apabila                              This committee’s meeting is considered valid and entitled to make decisions
dihadiri oleh sekurang-kurangnya 51% dari jumlah anggota. Komite Audit                             if attended by at least 51% of the total number of members. The Audit
telah menyelenggarakan rapat komite sebanyak 17 (tujuh belas) kali rapat                           Committee held 17 (seventeen) meetings during 2025, exceeding the
selama tahun 2025 atau lebih tinggi dari ketentuan minimal penyelenggaraan                         minimum requirements for holding Audit Committee’s meetings. Bank
rapat komite audit. Keputusan rapat Komite Audit Bank Raya dilakukan                               Raya’s Audit Committee’s meeting decisions are made by deliberation for
berdasarkan musyawarah mufakat. Jika musyawarah mufakat tidak                                      consensus. If the deliberation for consensus cannot be reached, the decisions
tercapai, maka keputusan dilakukan berdasarkan suara terbanyak dengan                              are made by majority vote, provided that each committee member is only
ketentuan setiap anggota komite hanya berhak untuk memberikan 1 (satu)                             entitled to cast 1 (one) vote.
suara.




364 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                       Tata Kelola Perusahaan                        Laporan Keberlanjutan                    Laporan Keuangan Audit
       Management Discussion and Analysis                      Good Corporate Governance                     Sustainability Report                    Audited Financial Report




Penjelasan terkait tingkat kehadiran masing-masing anggota Komite Audit                     The attendance level of each Audit Committee member is explained in
dijelaskan pada tabel berikut ini:                                                          the following table:


                                                                                                      Jumlah Wajib Rapat         Jumlah Kehadiran
             Nama & Inisial                                        Jabatan                                                                                     % Kehadiran
                                                                                                      Number of Mandatory           Number of
             Name & Initials                                       Position                                                                                    % Attendance
                                                                                                           Meetings                 Attendance

 Johanes Kuntjoro Adisardjono (JKA)        Ketua/Komisaris Independen                                            17                       17                           100%
                                           Chairperson/Independent Commissioner
 Retno Wahyuni Wijayanti                   Anggota/Komisaris Independen                                           9                        7                           77%
                                           Member/Independent Commissioner
 Ari Setyo Wibowo (ASW)                    Anggota/Independen                                                     9                        9                           100%
                                           Member/Independent
 Gafyunedi                                 Anggota/Independen                                                     8                        8                           100%
                                           Member/Independent
 Sus Kiranawati Handayani (SKH)            Anggota/Independen                                                    17                       17                           100%
                                           Member/Independent




Risalah Rapat Komite Audit                                                                  Minutes of Audit Committee’s Meeting
Sebagai bentuk kepatuhan terhadap Piagam Komite Audit, hasil rapat                          As form of compliance with the Audit Committee Charter, Bank Raya’s
Komite Audit Bank Raya dituangkan dalam risalah rapat, disampaikan                          Audit Committee’s meeting results are outlined in the minutes of meeting,
kepada seluruh anggota Komite Audit dan didokumentasikan dengan baik.                       submitted to all Audit Committee members and properly documented. The
Risalah rapat ini dibuat oleh seorang yang hadir dalam rapat dan yang                       minutes of meeting are made by a person present at the meeting and
ditunjuk oleh pimpinan rapat, wajib ditandatangani semua anggota Komite                     appointed by the meeting chair, must be signed by all members of the
yang hadir dalam rapat, dan merupakan bukti yang sah mengenai keputusan                     Committee present at the meeting, and are valid evidence of the decisions
yang diambil dalam rapat yang dimaksud. Jika terjadi perbedaan pendapat                     taken at the meeting. Any dissenting opinion arising during a committee’s
dalam rapat Komite, wajib dicantumkan secara jelas dalam risalah rapat                      meeting must be clearly stated in the minutes, along with the reasons for
beserta alasan perbedaan pendapat tersebut.                                                 such.

Risalah rapat Komite Audit Bank merupakan bukti yang sah mengenai                           The minutes of Audit Committee’s meetings of Bank Raya are valid evidence
keputusan yang diambil dalam rapat tersebut. Selanjutnya, penjelasan                        of the decisions taken at the meeting. The explanation of the minutes of
terkait dengan risalah rapat Komite Audit adalah sebagai berikut:                           Audit Committee’s meetings is as follows:


                                                                                                                                                Kehadiran (Inisial)
         Tanggal dan Tempat
                                                                         Agenda Rapat                                                          Attendance (Initials)
 No              Rapat
                                                                        Meeting Agenda
        Meeting Date and Venue
                                                                                                                                JKA      RWW          ASW         GF          SKH

 1      20 Januari 2025               Evaluasi kinerja IAU Triwulan IV Tahun 2024                                                √                       √                     √
        January 20, 2025              Evaluation of Internal Audit Unit’s Performance for Q4 2024
 2      26 Februari 2025              Diskusi Interaktif Dekom dan IAU (issue terkini tahun 2025)                                √                       √                     √
        February 26, 2025             Interactive Discussion between the Board of Commissioners and Internal Audit Unit
                                      (latest issue for 2025)
 3      12 Maret 2025                 Pembahasan AP/KAP Audit Laporan Keuangan 31 Desember 2024                                  √                       √                     √
        March 12, 2025                Discussion of Public Accountant/Public Accounting Firm (AP/KAP) Audit of the Financial
                                      Statements as of December 31, 2024
 4      16 April 2025                 Evaluasi Kinerja IAU Triwulan I 2025                                                       √                       √                     √
        April 16, 2025                Evaluation of Internal Audit Unit’s Performance for Q1 2025
 5      19 Mei 2025                   Penguatan Keamanan Cyber Security                                                          √                       √                     √
        May 19, 2025                  Strengthening Cybersecurity
 6      21 Juli 2025                  Evaluasi pokok Hasil audit Triwulan II/2025                                                √                       √                     √
        July 21, 2025                 Evaluation of Main Audit Results for Q2 2025
 7      02 Juni 2025                  Materi pertemuan dengan OJK                                                                √                       √                     √
        June 2, 2025                  Meeting materials with OJK
 8      06 Agustus 2025               Monitoring Tindak lanjut Hasil Audit Eksternal                                             √                       √                     √
        August 06, 2025               Monitoring Follow-up on External Audit Results
 9      01 September 2025             Tugas dan Tanggung jawab Dewan Komisaris                                                   √                       √                     √
        September 01, 2025            Board of Commissioners’ Duties and Responsibilities
 10     01 Oktober 2025               Update Informasi Terkini                                                                   √                                 √           √
        October 01, 2025              Latest Information Updates
 11     08 Oktober 2025               Evaluasi Fasilitas Kredit PT DPM                                                           √          √                      √           √
        October 08, 2025              Evaluation of PT DPM Credit Facility
 12     13 Oktober 2025               Entrance Meeting audit EY tahun 2025                                                       √          √                      √           √
        October 13, 2025              Entrance Meeting for EY Audit in 2025
 13     13 Oktober 2025               Evaluasi Pokok-Pokok Hasil Audit Triwulan III 2025                                         √          √                      √           √
        October 13, 2025              Evaluation of Main Audit Results for Q3 2025
 14     17 November 2025              Identifikasi dan Evaluasi Pengendalian Intern                                              √          √                      √           √
        November 17, 2025             Identification and Evaluation of Internal Control




                                                                                                    Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                  Annual Report & Sustainability Report      2025 365
Page 366
        Ikhtisar Kinerja                           Laporan Manajemen                          Profil Perusahaan                        Tinjauan Pendukung Bisnis
        Performance Highlights                     Management Report                          Company Profile                          Overview of Business Support Units




                                                                                                                                           Kehadiran (Inisial)
         Tanggal dan Tempat
                                                                     Agenda Rapat                                                         Attendance (Initials)
 No              Rapat
                                                                    Meeting Agenda
        Meeting Date and Venue
                                                                                                                            JKA        RWW       ASW         GF          SKH

 15     17 Desember 2025            Evaluasi PAT Tahun 2026 dan Temuan OJK                                                   √                                   √        √
        December 17, 2025           Evaluation of PAT for 2026 and OJK Findings
 16     22 Desember 2025            Pembahasan Pertemuan OJK                                                                 √           √                       √        √
        December 22, 2025           Discussion of OJK’s Findings
 17     31 Desember 2025            Evaluasi akhir tahun                                                                     √           √                       √        √
        December 31, 2025           Year-End Evaluation
 Jumlah kehadiran                                                                                                            17          6           9           8        17
 Total attendance




Pengembangan Kompetensi Komite                                                         Audit Committee’s Competency
Audit                                                                                  Development

Piagam Komite Audit mensyaratkan anggota Komite Audit untuk bersedia                   The Audit Committee Charter requires Audit Committee’s members to be
meningkatkan kompetensi secara terus menerus melalui pendidikan dan                    willing to continuously improve their competencies through education and
pelatihan. Sejalan dengan ketentuan Piagam Komite Audit dan dalam                      training. In line with the provisions of the Audit Committee Charter and to
rangka pengembangan kompetensi untuk menunjang Komite Audit dalam                      support the Audit Committee in carrying out its duties and responsibilities,
melaksanakan tugas dan tanggung jawabnya, Bank Raya menyediakan                        Bank Raya provided various training programs throughout 2025. The training
beragam program dan pelatihan selama tahun 2025. Adapun program                        and competency development programs attended by Audit Committee
pelatihan dan pengembangan kompetensi yang diikuti oleh anggota                        members other than the Board of Commissioners or independent parties
Komite Audit selain Dewan Komisaris atau pihak independen adalah                       are as follows:
sebagai berikut:


         Nama                        Jabatan                               Materi Pendidikan dan Pelatihan                         Tempat dan Waktu          Penyelenggara
         Name                        Position                              Education and Training Materials                          Place and Time            Organizer

 Johanes Kuntjoro          Ketua/Komisaris Independen      1.   Webinar " Peran Artificial Intelligence dan Audit Competency      Online, Mei 2025          LPPI
 Adisardjono               Chairperson/Independent              dalam Meningkatkan Profesional Septicism Auditor
                           Commissioner                    2.   The Future of Cybersecurity Threat, Challenges, and Innovation    Online, Juni 5, 2025      OJK
 Retno Wahyuni Wijayanti   Anggota/Komisaris Independen    1.   Webinar " Peran Artificial Intelligence dan Audit Competency      Online, Mei 2025          LPPI
                           Member/Independent                   dalam Meningkatkan Profesional Septicism Auditor
                           Commissioner                    2.   The Future of Cybersecurity Threat, Challenges, and Innovation    Online, Juni 5, 2025      OJK
 Ari Setyo Wibowo          Anggota/ Independen             1.   Webinar " Peran Artificial Intelligence dan Audit Competency      Online, Mei 2025          LPPI
                           Member/ Independent                  dalam Meningkatkan Profesional Septicism Auditor
                                                           2.   The Future of Cybersecurity Threat, Challenges, and Innovation    Online, Juni 5, 2025      OJK
 Sus Kiranawati            Anggota/ Independen             1.   Webinar " Peran Artificial Intelligence dan Audit Competency      Online, Mei 2025          LPPI
 Handayani                 Member/ Independent                  dalam Meningkatkan Profesional Septicism Auditor
                                                           2.   The Future of Cybersecurity Threat, Challenges, and Innovation    Online, Juni 5, 2025      OJK
 Gafyunedi                 Anggota/ Independen             1.   Kebijakan umum penerapan tata kelola perusahaan yang baik         1.   17 Oktober 2025      1.       Bank Raya
                           Member/ Independent                  (GCG)
                                                           2.   Sistem Manajemen Anti Penyuapan                                   2.   12 November 2025     2.       Bank Raya

                                                           1.   General policy on implementing good corporate governance          1.   October 17, 2025     1.       Bank Raya
                                                                (GCG)
                                                           2.   Anti-Bribery Management System                                    2.   November 12, 2025    2.       Bank Raya




Pelaksanaan Tugas dan Kegiatan Komite                                                  Implementation of Audit Committee’s
Audit                                                                                  Duties and Activities
Komite Audit telah menjalankan tugas dan tanggung jawabnya sebagaimana                 The Audit Committee carried out its duties and responsibilities as stipulated
yang telah ditetapkan dalam Piagam Komite Audit untuk tahun buku 2025                  in the Audit Committee Charter for the 2025 fiscal year, as follows:
sebagaimana berikut ini:
1. Melakukan penelaahan atas informasi keuangan yang akan dikeluarkan                  1.    Reviewing financial information to be released by the Company to
    Perseroan kepada publik dan/atau pihak otoritas antara lain laporan                      the public and/or authorized parties, including financial statements,
    keuangan, proyeksi, dan laporan lainnya terkait dengan informasi                         projections, and other reports related to the Company's financial
    keuangan Perseroan;                                                                      information;
2. Melakukan penelaahan atas ketaatan terhadap peraturan perundang-                    2.    Reviewing compliance with laws and regulations related to the
    undangan yang berhubungan dengan kegiatan Perseroan;                                     Company's activities;
3. Memberikan pendapat independen dalam hal terjadi perbedaan                          3.    Providing an independent opinion in the event of dissenting opinion between
    pendapat antara manajemen dan Akuntan atas jasa yang diberikannya;                       management and the Accountant regarding the services provided;
4. Memberikan rekomendasi kepada Dewan Komisaris mengenai                              4.    Providing recommendations to the Board of Commissioners on the
    penunjukan Kantor Akuntan Publik yang didasarkan pada independensi,                      appointment of a Public Accounting Firm based on independence,
    ruang lingkup penugasan, dan imbalan jasa;                                               assignment scope, and remuneration;




366 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen              Tata Kelola Perusahaan                 Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis             Good Corporate Governance              Sustainability Report                 Audited Financial Report




5.  Melakukan penelaahan atas pelaksanaan pemeriksaan oleh auditor           5.  Reviewing the implementation of audits by internal auditors and
    internal dan mengawasi pelaksanaan tindak lanjut oleh Direksi atas           overseeing the follow-up actions by the Board of Directors on internal
    temuan auditor internal;                                                     auditor findings;
6. Menelaah dan memberikan saran kepada Dewan Komisaris terkait              6. Reviewing and providing advice to the Board of Commissioners on
    dengan adanya potensi benturan kepentingan Perseroan;                        potential conflict of interest within the Company;
7. Menjaga kerahasiaan dokumen, data dan informasi Perseroan.                7. Maintaining confidentiality of the Company's documents, data, and information.
8. Melakukan pemantauan dan evaluasi atas perencanaan dan                    8. Monitoring and evaluating the planning and implementation of audits,
    pelaksanaan audit serta pemantauan atas tindak lanjut hasil audit            as well as monitoring the follow-up actions on audit results, to assess
    dalam rangka menilai kecukupan pengendalian intern, termasuk                 the adequacy of internal control, including the adequacy of financial
    kecukupan proses pelaporan keuangan.                                         reporting process.
9. Melakukan pemantauan dan evaluasi terhadap :                              9. Monitoring and evaluating:
    a. Kesesuaian pelaksanaan audit oleh Kantor Akuntan publik dengan            a. Compliance with Audit Standards by the Public Accounting Firm
         Standar Audit                                                                (IAU)
    b. Kesesuaian laporan keuangan dengan Standar Akuntansi Keuangan;            b. Compliance with Financial Accounting Standards;
    c. Pelaksanaan tindak lanjut oleh Direksi atas hasil temuan Satuan           c. Follow-up by the Board of Directors on findings from the Internal
         Kerja Audit Intern, Akuntan publik, dan hasil pengawasan Otoritas            Audit Unit, Public Accountant, and the Financial Services Authority's
         Jasa Keuangan, guna memberikan rekomendasi kepada Dewan                      supervision results, in order to provide recommendations to the
         Komisaris.                                                                   Board of Commissioners.
10. Memberikan rekomendasi mengenai penunjukan Akuntan Publik dan            10. Providing recommendations on the appointment of Public Accountant
    Kantor Akuntan Publik kepada Dewan Komisaris untuk disampaikan               and Public Accounting Firm to the Board of Commissioners for
    kepada RUPS Tahunan.                                                         submission to the Annual GMS.
11. Dalam pelaksanaan fungsi audit intern, Komite Audit bertanggungjawab:    11. In carrying out internal audit function, the Audit Committee is responsible
                                                                                 for:
     a . Memantau dan mengkaji efektivitas pelaksanaan audit intern              a. Monitoring and reviewing the effectiveness of the Bank's internal
         Bank (IAU);                                                                  audit (IAU) implementation;
     b. Memastikan IAU melakukan komunikasi dengan Direksi, Dewan                b. Ensuring that IAU communicates with the Board of Directors, the
         Komisaris, auditor eksternal, dan OJK.                                       Board of Commissioners, external auditors, and OJK;
     c. Memberikan rekomendasi terkait penyusunan rencana audit,                 c. Providing recommendations on the preparation of IAU's audit
         ruang lingkup dan anggaran IAU;                                              plan, scope, and budget;
     d. Meninjau laporan audit dan memastikan Direksi mengambil                  d. Reviewing audit reports and ensuring that the Board of Directors
         tindakan perbaikan yang diperlukan secara cepat untuk mengatasi              takes necessary corrective actions promptly to address control
         kelemahan pengendalian, fraud, masalah kepatuhan terhadap                    weakness, fraud, compliance issues with policies, laws, and
         kebijakan, undang-undang, dan peraturan, atau masalah lain                   regulations, or other issues identified and reported by IAU;
         yang diidentifikasi dan dilaporkan oleh IAU;
     e. Memberikan rekomendasi kepada komisaris terkait pemberian                 e.    Providing recommendations to the Board of Commissioners on
         remunerasi tahunan IAU secara keseluruhan serta penghargaan                    the provision of overall annual remuneration for IAU as well as
         kinerja;                                                                       performance award


Penilaian Kinerja Komite Audit                                               Audit Committee’s Performance Assessment
Dewan Komisaris melakukan penilaian atas efektivitas kinerja Komite Audit    The Board of Commissioners assesses the effectiveness of Audit Committee's
berdasarkan pencapaian Key Performance Indicator (KPI) berpedoman            performance based on the achievement of Key Performance Indicators
Piagam Komite Audit. Adapun penilaian kinerja komite ini mengacu kepada      (KPIs) based on the Audit Committee Charter. This committee’s performance
hasil self-assessment GCG Bank Raya untuk tahun buku 2025 yang disajikan     assessment refers to Bank Raya's GCG self-assessment results for the 2025
secara terpisah di bagian akhir dari organ pendukung Dewan Komisaris.        fiscal year, presented separately at the end of the Board of Commissioners’
                                                                             supporting organs.


Komite Remunerasi dan Nominasi
Remuneration and Nomination Committee
Komite Nominasi dan Remunerasi, berdasarkan POJK No. 34/POJK.04/2014         The Nomination and Remuneration Committee, based on POJK No. 34/
tentang Komite Nominasi dan Remunerasi Emiten atau Perusahaan Publik         POJK.04/2014 on Nomination and Remuneration Committee of Issuers or
dan Kebijakan Umum Penerapan GCG Bank Raya, adalah komite yang               Public Companies and Bank Raya’s General Policy for GCG Implementation
dibentuk oleh dan bertanggung jawab kepada Dewan Komisaris dalam             is a committee formed by and responsible to the Board of Commissioners
membantu melaksanakan fungsi dan tugas Dewan Komisaris terkait               to assist in carrying out the Board of Commissioners’ functions and duties
Nominasi dan Remunerasi terhadap anggota Direksi dan anggota Dewan           related to the Nomination and Remuneration of members of the Board of
Komisaris.                                                                   Directors and Board of Commissioners.

Nominasi adalah pengusulan seseorang untuk diangkat dalam jabatan            Nomination is to propose a person to be appointed as a member of the
sebagai anggota Direksi atau anggota Dewan Komisaris. Remunerasi             Board of Directors or a member of the Board of Commissioners. Remuneration
adalah imbalan yang ditetapkan dan diberikan kepada anggota Direksi          is the reward determined and given to members of the Board of Directors
dan anggota Dewan Komisaris karena kedudukan dan peran yang diberikan        and members of the Board of Commissioners for the position and role given
sesuai dengan tugas, tanggung jawab, dan wewenang anggota Direksi            in line with the duties, responsibilities, and authorities of members of the
dan anggota Dewan Komisaris.                                                 Board of Directors and members of the Board of Commissioners.




                                                                                       Laporan Tahunan & Laporan Keberlanjutan
                                                                                                 Annual Report & Sustainability Report   2025 367
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        Ikhtisar Kinerja                        Laporan Manajemen                   Profil Perusahaan                     Tinjauan Pendukung Bisnis
        Performance Highlights                  Management Report                   Company Profile                       Overview of Business Support Units




Pedoman Kerja Komite Remunerasi dan                                           Remuneration and Nomination
Nominasi                                                                      Committee Charter

Komite Remunerasi dan Nominasi Bank Raya telah memiliki Pedoman               Bank Raya's Remuneration and Nomination Committee has a Remuneration
Kerja Komite Remunerasi dan Nominasi (selanjutnya disebut Piagam              and Nomination Committee Work Guidelines (hereinafter referred to as the
Komite Remunerasi dan Nominasi) yang telah ditetapkan oleh Dewan              Remuneration and Nomination Committee Charter) established by the Board
Komisaris. Piagam Komite Remunerasi dan Nominasi mengalami                    of Commissioners. The Remuneration and Nomination Committee Charter
pembaharuan seiring dengan perkembangan skala bisnis dan organisasi           has been updated in line with the Company's business scale and organizational
Perseroan yang terakhir ditetapkan berdasarkan Keputusan Dewan                development, lastly determined based on Bank Raya's Board of Commissioners’
Komisaris Bank Raya No. Kpts: B.01/DK/X/2024 pada 1 Oktober 2024              Decision No. Kpts: B.01/DK/X/2024 dated October 1, 2024, on the Remuneration
tentang Pedoman Kerja Komite Remunerasi dan Nominasi.                         and Nomination Committee Work Guidelines (Charter).

Pedoman Kerja Komite Remunerasi dan Nominasi tersebut menjabarkan             The Remuneration and Nomination Committee Charter outlines the legal
dasar hukum, tugas dan tanggung jawab dan kewenangan; organisasi,             basis, duties, responsibilities, and authority; organization, work ethics, working
etika kerja, waktu kerja, rapat; pelaporan dan korespondensi yang berkaitan   hours, meetings; reporting, and correspondence related to the implementation
dengan pelaksanaan tugas Komite Remunerasi dan Nominasi.                      of the Remuneration and Nomination Committee’s duties.


Tugas dan Tanggung Jawab Komite                                               Remuneration and Nomination
Remunerasi dan Nominasi                                                       Committee’s Duties and Responsibilities

Berdasarkan Piagam Komite Remunerasi dan Nominasi Bank Raya, tugas            Based on Bank Raya’s Remuneration and Nomination Committee Charter,
dan tanggung Jawab Komite Remunerasi dan Nominasi terkait dengan              the Remuneration and Nomination Committee’s duties and responsibilities
kebijakan Remunerasi adalah melakukan evaluasi terhadap kebijakan             regarding remuneration policy are to evaluate remuneration policy based
remunerasi yang didasarkan atas kinerja, risiko, kewajaran dengan peer        on performance, risk, fairness with the Bank's peer group, long-term goals
group, sasaran, dan strategi jangka panjang Bank, serta pemenuhan             and strategies, as well as the fulfillment of reserves as stipulated in laws
cadangan sebagaimana diatur dalam peraturan perundang-undangan                and regulations and the Bank's future revenue potential. This committee
dan potensi pendapatan Bank di masa mendatang. Komite ini juga                also submits evaluation results and recommendations to the Board of
menyampaikan hasil evaluasi dan rekomendasi kepada Dewan Komisaris            Commissioners regarding the remuneration policy for the Board of
mengenai kebijakan remunerasi bagi Dewan Komisaris dan Direksi untuk          Commissioners and the Board of Directors to be submitted to the GMS, and
disampaikan kepada RUPS dan kebijakan remunerasi bagi pekerja secara          the overall remuneration policy for employees to be submitted to the Board
keseluruhan untuk disampaikan kepada Direksi.                                 of Directors.

Komite Remunerasi dan Nominasi Bank juga bertugas memastikan bahwa            The Remuneration and Nomination Committee is also tasked with ensuring
kebijakan remunerasi telah sesuai dengan ketentuan yang berlaku dan           that the remuneration policy is in line with applicable provisions and conducting
melakukan evaluasi secara berkala terhadap penerapan kebijakan                periodic evaluations of the implementation of remuneration policy. Furthermore,
remunerasi. Selanjutnya, komite ini memberikan rekomendasi kepada             this committee provides recommendations to the Board of Commissioners
Dewan Komisaris mengenai struktur remunerasi, kebijakan remunerasi,           on the remuneration structure, policy, and amount. Finally, the Remuneration
dan besaran remunerasi. Terakhir, Komite Remunerasi dan Nominasi juga         and Nomination Committee also assists the Board of Commissioners in
membantu Dewan Komisaris melakukan penilaian kinerja dengan kesesuaian        assessing performance with the appropriateness of remuneration received
remunerasi yang diterima masing-masing anggota Direksi dan/atau               by each member of the Board of Directors and/or member of the Board of
anggota Dewan Komisaris.                                                      Commissioners.

Sementara itu, terkait dengan nominasi, tugas dan tanggung Jawab              Meanwhile, related to nomination, the Remuneration and Nomination
Komite Remunerasi dan Nominasi adalah memberikan rekomendasi                  Committee’s duties and responsibilities are to provide recommendations
kepada Dewan Komisaris mengenai komposisi anggota Direksi dan/atau            to the Board of Commissioners on the composition of members of Board
anggota Dewan Komisaris, kebijakan dan kriteria yang dibutuhkan dalam         of Directors and/or Board of Commissioners, policies and criteria required
proses nominasi, dan kebijakan evaluasi kinerja bagi anggota Direksi          in the nomination process, and performance evaluation policies for members
dan/atau anggota Dewan Komisaris.                                             of the Board of Directors and/or the Board of Commissioners.

Komite ini juga membantu Dewan Komisaris melakukan penilaian kinerja          This committee also assists the Board of Commissioners in assessing the
anggota Direksi dan/atau anggota Dewan Komisaris berdasarkan tolak            performance of members of Board of Directors and/or Board of Commissioners
ukur yang telah ditetapkan sebagai bahan evaluasi, dan memberikan             based on benchmarks set as evaluation material and provides
rekomendasi kepada Dewan Komisaris mengenai program pengembangan              recommendations to the Board of Commissioners on the program for
kemampuan anggota Direksi dan/atau anggota Dewan Komisaris.                   developing the capabilities of members of the Board of Directors and/or
                                                                              the Board of Commissioners.

Selanjutnya, Komite Remunerasi dan Nominasi memberikan usulan yang            Furthermore, the Remuneration and Nomination Committee provides
memenuhi syarat sebagai anggota Direksi dan/atau anggota Dewan                proposals that meet the requirements as members of the Board of Directors
Komisaris kepada Dewan Komisaris untuk disampaikan kepada RUPS serta          and/or the Board of Commissioners to the Board of Commissioners to be
memberikan rekomendasi Pihak Independen yang akan menjadi anggota             submitted to the GMS and provides recommendations for Independent
Komite yang ada di bawah koordinasi Dewan Komisaris.                          Parties who will become members of the Committee under the Board of
                                                                              Commissioners’ coordination.




368 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                  Tata Kelola Perusahaan                Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis                 Good Corporate Governance             Sustainability Report                 Audited Financial Report




Organisasi dan Keanggotaan                                                       Organization and Membership
Komite Remunerasi dan Nominasi Bank Raya berada di bawah koordinasi              Bank Raya’s Remuneration and Nomination Committee is under the
Dewan Komisaris dan bertanggung jawab kepada Dewan Komisaris.                    coordination of and is responsible to the Board of Commissioners. The
Pengangkatan dan pemberhentian anggota komite ini dilakukan oleh Direksi         committee members are appointed and dismissed by the Board of Directors
berdasarkan keputusan rapat Dewan Komisaris. Selanjutnya, berdasarkan            based on the Board of Commissioners’ meeting decision. Furthermore,
keanggotaan komite, anggota komite ini terdiri dari 3 (tiga) orang, salah        based on committee membership, this committee consists of 3 (three)
satu diantaranya adalah Komisaris Independen yang bertindak sebagai              members, one of whom is an Independent Commissioner who acts as the
Ketua Komite.                                                                    Chairperson.

Anggota komite ini paling kurang terdiri dari seorang komisaris independen,      This committee members consist of at least one independent commissioner,
seorang komisaris, pejabat eksekutif yang membawahi unit kerja Sumber            one commissioner, and an executive officer overseeing the Human Resources
Daya Manusia, apabila dipandang perlu anggota Komite dapat berasal               unit. If deemed necessary, the committee members may come from
dari pihak independen, dan dalam hal anggota komite ini ditetapkan lebih         independent parties and if the committee members are more than three
dari 3 (tiga) orang maka anggota Komisaris Independen paling sedikit             (3) members, the Independent Commissioners must consist of at least 2
berjumlah 2 (dua) orang.                                                         (two) members.


Pembagian Tugas Antar Anggota Komite                                             Division of Duties Among Members of
Remunerasi dan Nominasi                                                          the Remuneration and Nomination
                                                                                 Committee
Sejalan dengan ketentuan yang diatur dalam POJK No. 34/POJK.04/2014,             In line with the provisions stipulated in POJK No. 34/POJK.04/2014, the
Komite Remunerasi dan Nominasi diketuai oleh Komisaris Independen.               Remuneration and Nomination Committee is chaired by an Independent
Ketua Komite Remunerasi dan Nominasi Bank tidak diperbolehkan merangkap          Commissioner. The Chairperson is not allowed to hold concurrent positions
jabatan sebagai Ketua Komite lebih dari 1 (satu) pada Komite lain. Komisaris,l   as Chairperson of more than 1 (one) Committee on another Committee.
3 (tiga) anggota Komite Remunerasi dan Nominasi termasuk Ketua Komite,           Of the minimum 3 (three) members that include the Chairperson and other
anggota Komite Remunerasi dan Nominasi lainnya adalah seorang                    members are one Commissioner, and an Executive Officer who oversees
Komisaris, dan Pejabat Eksekutif yang membawahi unit kerja Sumber Daya           the Human Resources work unit.
Manusia.

Apabila dipandang perlu anggota Komite ini dapat berasal dari pihak              If deemed necessary, the Committee members may be independent.
independen. Terakhir, dalam hal anggota Komite Remunerasi dan Nominasi           Finally, if the Remuneration and Nomination Committee’s members are
ditetapkan lebih dari 3 (tiga) orang, maka anggota Komisaris Independen          set to be more than 3 (three) people, then the Independent Commissioner
paling sedikit berjumlah 2 (dua) orang.                                          members must be at least 2 (two) people.


Masa Jabatan Komite Remunerasi dan                                               Term of Office of the Remuneration and
Nominasi                                                                         Nomination Committee
Menurut Pedoman Kerja Komite Remunerasi dan Nominasi, masa tugas                 According to the Remuneration and Nomination Committee Charter, the
anggota Komite Remunerasi dan Nominasi tidak boleh lebih dari masa               term of office of Remuneration and Nomination Committee members may
jabatan Dewan Komisaris sebagaimana diatur dalam Anggaran Dasar                  not exceed the Board of Commissioners’ term of office as stipulated in the
dan dapat dipilih kembali hanya untuk 1 (satu) periode berikutnya.               Articles of Association and may be re-elected for only 1 (one) subsequent
                                                                                 period.


Jumlah, Komposisi dan Susunan Komite                                             Number, Composition, and Structure of the
Remunerasi dan Nominasi                                                          Remuneration and Nomination Committee

Per 31 Desember 2025, Komite Remunerasi dan Nominasi Bank Raya terdiri           As of December 31, 2025, Bank Raya’s Remuneration and Nomination
dari 5 (lima) orang yakni 1 (satu) Ketua Komite Remunerasi dan Nominasi          Committee consists of 5 (five) people, namely 1 (one) Chair of the
dan 4 (empat) anggota Komite Remunerasi dan Nominasi. Keempat                    Remuneration and Nomination Committee and 4 (four) members of the
anggota komite ini terdiri dari seorang Komisaris utama, seorang Komisaris,      Remuneration and Nomination Committee. The four members of this
seorang dari pihak independen, dan satu orang dari pejabat eksekutif             committee consist of a president commissioner, a commissioner, an
sumber daya manusia. Penetapan komposisi dan susunan Komite ini yang             independent party, and one executive human resources officer. The
menjabat hingga 31 Desember 2025 berpedoman pada Surat Keputusan                 composition and structure of this committee serving until December 31,
Dewan Komisaris No. Kpts R.155/Dir.01.03/HCP/09/2025 tanggal 01                  2025, is based on the Board of Commissioners’ Decision No. R.155/Dir.01.03/
September 2025 tentang Susunan Anggota Komite Remunerasi dan                     HCP/09/2025 dated September 1, 2025, on the Composition of Members
Nominasi.                                                                        of the Remuneration and Nomination Committee.

Komposisi Komite Remunerasi dan Nominasi Bank Raya tersebut telah                Bank Raya’s Remuneration and Nomination Committee’s composition is
sesuai dengan ketentuan POJK Penerapan Tata Kelola bagi Bank Umum                in line with the provisions of POJK on the Implementation of Governance
yang mewajibkan Komite ini paling sedikit terdiri dari 3 (tiga) orang anggota    for Commercial Banks, which requires this Committee to consist of at least
yang terdiri dari 1 (satu) orang Komisaris Independen, 1 (satu) orang            3 (three) members consisting of 1 (one) Independent Commissioner, 1
Komisaris Non Independen dan 1 (satu) orang Eksekutif yang membawahkan           (one) Non-Independent Commissioner and 1 (one) Executive who oversees
fungsi sumber daya manusia atau 1 (satu) orang perwakilan pegawai                the human resources function or 1 (one) representative of the Bank's
Bank. Tabel berikut ini menjelaskan komposisi Komite Remunerasi dan              employees. The following table explains the composition of Bank Raya’s
Nominasi Bank Raya untuk tahun buku 2025 dan perbandingannya untuk               Remuneration and Nomination Committee for the 2025 fiscal year and its
tahun buku sebelumnya.                                                           comparison to the previous fiscal year.


                                                                                        Laporan Tahunan & Laporan Keberlanjutan
                                                                                                    Annual Report & Sustainability Report   2025 369
Page 370
        Ikhtisar Kinerja                          Laporan Manajemen                             Profil Perusahaan                         Tinjauan Pendukung Bisnis
        Performance Highlights                    Management Report                             Company Profile                           Overview of Business Support Units




                      Jabatan                                         Januari 2025 - Agustus 2025                                September 2025 - Desember 2025
                      Position                                        January 2025 - Agustus 2025                                September 2025 - December 2025

 Ketua                                                  Retno Wahyuni Wijayanti                                       Retno Wahyuni Wijayanti
 Chairperson
 Anggota                                                Muhamad Sidik Heruwibowo                                      Muhamad Sidik Heruwibowo
 Member
 Anggota                                                Nyimas Dewi Ratih Kamil                                       Johanes Kuntjoro Adisardjono
 Member
 Anggota                                                Yudi Malela                                                   Yuyus Susdiana
 Member
 Anggota                                                Yuyus Susdiana                                                -
 Member




Dasar Hukum Pengangkatan dan                                                             Legal Basis for Appointment and
Keahlian Anggota Komite Remunerasi                                                       Expertise of Remuneration and
dan Nominasi                                                                             Nomination Committee Members
Kebijakan Umum Penerapan GCG Bank Raya menetapkan bahwa                                  Bank Raya's General Policy on GCG Implementation stipulates that the Board
pengangkatan dan pemberhentian anggota komite Dewan Komisaris                            of Commissioners’ committee members must be appointed and dismissed
wajib dilakukan oleh Direksi berdasarkan keputusan rapat Dewan Komisaris.                by the Board of Directors based on the Board of Commissioners’ meeting
Sehubungan dengan hal tersebut, Direksi telah melakukan pengangkatan                     decision. In this regard, the Board of Directors has appointed the Remuneration
anggota Komite Remunerasi dan Nominasi melalui sejumlah keputusan                        and Nomination Committee members through a number of Board of Directors’
direksi yang disajikan berikut ini.                                                      decisions, as presented below.


Periode Januari - Agustus 2025                                                           Period January - August 2025
                                                                                                                                                                       Periode
        Nama                     Jabatan                               Dasar Pengangkatan                                    Keahlian             Masa Jabatan         Jabatan
        Name                     Position                              Basis of Appointment                                  Expertise            Term of Office       Period of
                                                                                                                                                                       Position

 Retno Wahyuni         Ketua/Komisaris            Surat Keputusan Direksi No. Kpts.R.305/Dir.01.04/HCP/09/2024        Perbankan/ Keuangan,       Mengikuti masa       Ke-1
 Wijayanti             Independen                 Tanggal 09 September 2024 tentang Susunan Anggota Komite            Transformasi, Strategi     jabatan sebagai
                                                  Remunerasi dan Nominasi                                             dan Perencanaan            Dewan Komisaris

                       Chairperson/ Independent   Board of Directors’ Decision No. Kpts.R.305/Dir.01.04/HCP/09/2024   Banking/Finance,           Following the term   1st
                       Commissioner               dated September 9, 2024 on the Composition of the Remuneration      Transformation, Strategy   of office as a
                                                  and Nomination Committee Members                                    and Planning               member of the
                                                                                                                                                 Board           of
                                                                                                                                                 Commissioners
 Muhamad Sidik         Anggota/Komisaris Utama    Surat Keputusan Direksi No. Kpts.R.305/Dir.01.04/HCP/09/2024        Perbankan/ Keuangan,       Mengikuti masa       Ke-1
 Heruwibowo                                       Tanggal 09 September 2024 tentang Susunan Anggota Komite            Audit dan Manajemen        jabatan sebagai
                                                  Remunerasi dan Nominasi                                             Risiko                     Dewan Komisaris

                       Member/President           Board of Directors’ Decision No. Kpts.R.305/Dir.01.04/HCP/09/2024   Banking/Finance, Audit     Following the term   1st
                       Commissioner               dated September 9, 2024, on the Composition of the Remuneration     and Risk Management        of office as a
                                                  and Nomination Committee Members                                                               member of the
                                                                                                                                                 Board           of
                                                                                                                                                 Commissioners
 Nyimas Dewi Ratih     Anggota/Komisaris          Surat Keputusan Direksi No. Kpts.R.305/Dir.01.04/HCP/09/2024        Komunikasi            &    Mengikuti masa       Ke-1
 Kamil                                            Tanggal 09 September 2024 tentang Susunan Anggota Komite            Informatika                jabatan sebagai
                                                  Remunerasi dan Nominasi                                                                        Dewan Komisaris

                       Member/                    Board of Directors’ Decision No. Kpts.R.305/Dir.01.04/HCP/09/2024   Communication &            Following the term   1st
                       Commissioners              dated September 9, 2024, on the Composition of the Remuneration     Informatics                of office as a
                                                  and Nomination Committee Members                                                               member of the
                                                                                                                                                 Board           of
                                                                                                                                                 Commissioners
 Yudi Malela           Anggota/ Pihak             Surat Keputusan Direksi No. Kpts.R.305/Dir.01.04/HCP/09/2024        Perbankan/ Keuangan,       08 Maret 2023 s.d    Ke-1
                       Independen                 Tanggal 09 September 2024 tentang Susunan Anggota Komite            Human Capital              07 Agustus 2025
                                                  Remunerasi dan Nominasi

                       Member/ Independent        Board of Directors’ Decision No. Kpts.R.305/Dir.01.04/HCP/09/2024   Banking/ Finance,          March 8, 2023, to    1st
                       Party                      dated September 9, 2024, on the Composition of the Remuneration     Human Capital              August 7, 2025
                                                  and Nomination Committee Members




370 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                     Tata Kelola Perusahaan                          Laporan Keberlanjutan                     Laporan Keuangan Audit
       Management Discussion and Analysis                    Good Corporate Governance                       Sustainability Report                     Audited Financial Report




Periode September - Desember 2025                                                          Period September - December 2025
                                                                                                                                                                         Periode
        Nama                  Jabatan                                    Dasar Pengangkatan                                    Keahlian             Masa Jabatan         Jabatan
        Name                  Position                                   Basis of Appointment                                  Expertise            Term of Office       Period of
                                                                                                                                                                         Position

 Retno Wahyuni        Ketua/Komisaris               Surat Keputusan Direksi No. Kpts.R.155/Dir.01.03/HCP/09/2025        Perbankan/ Keuangan,       Mengikuti masa       Ke-1
 Wijayanti            Independen                    tanggal 01 September 2025 tentang Susunan Anggota Komite            Transformasi, Strategi     jabatan sebagai
                                                    Remunerasi dan Nominasi                                             dan Perencanaan            Dewan Komisaris

                      Chairperson/ Independent      Board of Directors’ Decision No. Kpts.R.155/Dir.01.03/HCP/09/2025   Banking/Finance,           Following the term   1st
                      Commissioner                  dated September 1, 2025, on the Composition of the Remuneration     Transformation, Strategy   of office as a
                                                    and Nomination Committee Members                                    and Planning               member of the
                                                                                                                                                   Board           of
                                                                                                                                                   Commissioners
 Muhamad Sidik        Anggota/Komisaris Utama       Surat Keputusan Direksi No. Kpts.R.155/Dir.01.03/HCP/09/2025        Perbankan/ Keuangan,       Mengikuti masa       Ke-1
 Heruwibowo                                         tanggal 01 September 2025 tentang Susunan Anggota Komite            Audit dan Manajemen        jabatan sebagai
                                                    Remunerasi dan Nominasi                                             Risiko                     Dewan Komisaris

                      Member/President              Board of Directors’ Decision No. Kpts.R.155/Dir.01.03/HCP/09/2025   Banking/Finance, Audit     Following the term   1st
                      Commissioner                  dated September 1, 2025, on the Composition of the Remuneration     and Risk Management        of office as a
                                                    and Nomination Committee Members                                                               member of the
                                                                                                                                                   Board           of
                                                                                                                                                   Commissioners
 Johanes Kuntjoro     Anggota/Komisaris             Surat Keputusan Direksi No. Kpts.R.155/Dir.01.03/HCP/09/2025        Perbankan/ Keuangan,       Mengikuti masa       Ke-1
 Adisardjono          Independen                    tanggal 01 September 2025 tentang Susunan Anggota Komite            Audit dan Manajemen        jabatan sebagai
                                                    Remunerasi dan Nominasi                                             Risiko                     Dewan Komisaris

                      Member/ Independent           Board of Directors’ Decision No. Kpts.R.155/Dir.01.03/HCP/09/2025   Banking/Finance, Audit     Following the term   1st
                      Commissioner                  dated September 1, 2025, on the Composition of the Remuneration     and Risk Management        of office as a
                                                    and Nomination Committee Members                                                               member of the
                                                                                                                                                   Board           of
                                                                                                                                                   Commissioners
 Yuyus Susdiana       Anggota/ Pejabat Eksekutif    Surat Keputusan Direksi No. Kpts.R.155/Dir.01.03/HCP/09/2025        Perbankan/ Keuangan,       Ex-Officio           Ke-1
                      Kepala Divisi Human Capital   tanggal 01 September 2025 tentang Susunan Anggota Komite            Human Capital
                                                    Remunerasi dan Nominasi

                      Member/ Executive Officer     Board of Directors’ Decision No. Kpts.R.155/Dir.01.03/HCP/09/2025   Banking/Finance,           Ex-Officio           1st
                      Head of Human Capital         dated September 1, 2025, on the Composition of the Remuneration     Human Capital
                      Division                      and Nomination Committee Members




Pengangkatan anggota Komite Remunerasi dan Nominasi tersebut juga                          The appointment of Remuneration and Nomination Committee members
telah mempertimbangkan keahlian atau kompetensi dari masing-masing                         also considers the expertise and competencies of each member of the
anggota Komite Remunerasi dan Nominasi sebagaimana dijelaskan pada                         Remuneration and Nomination Committee, as described in the table
tabel tersebut di atas.                                                                    above.


Profil Anggota Komite Remunerasi dan                                                       Profiles of Remuneration and Nomination
Nominasi                                                                                   Committee Members

Profil Ketua Komite Remunerasi dan Nominasi yang berasal dari anggota                      The profiles of the Chairperson of Remuneration and Nomination Committee
Dewan Komisaris yakni Retno Wahyuni Wijayanti, Muhamad Sidik                               from the Board of Commissioners’ members, namely Retno Wahyuni
Heruwibowo, dan Nyimas Dewi Ratih Kamil dapat dilihat di bab Profil                        Wijayanti, Muhamad Sidik Heruwibowo, and Nyimas Dewi Ratih Kamil, can
Perusahaan dari laporan tahunan berkelanjutan ini.                                         be seen in the Company Profile section of this annual sustainability report.

Sementara itu, profil anggota Komite Remunerasi dan Nominasi lainnya                       Meanwhile, the profile of other members of the Remuneration and Nomination
beserta sertifikat keahlian disajikan berikut ini:                                         Committee, along with their expertise certifications are presented below:




                                                                                                    Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                  Annual Report & Sustainability Report         2025 371
Page 372
          Ikhtisar Kinerja                            Laporan Manajemen                           Profil Perusahaan                     Tinjauan Pendukung Bisnis
          Performance Highlights                      Management Report                           Company Profile                       Overview of Business Support Units




Yudi Malela
Anggota Komite Remunerasi dan Nominasi
Remuneration and Nomination Committee’s Member
Periode Januari - Agustus 2025 | Period January - August 2025


 Domisili                  Jakarta
 Domicile
 Kewarganegaraan           Indonesia
 Nationality
 Usia                      63 tahun pada akhir tahun buku 2025
 Age                       63 years old at the end of the 2025 fiscal year




 Dasar Hukum Pengangkatan                  Surat Keputusan Direksi No. Kpts. R.406/Dir.01.02/HCP/09/2022 tanggal 05 September 2022 tentang Susunan Anggota Komite
                                           Remunerasi dan Nominasi

 Legal Basis for Appointment               Board of Directors’ Decision No. Kpts. R.406/Dir.01.02/HCP/09/2022 dated September 5, 2022, on the Composition of the Remuneration
                                           and Nomination Committee Members
 Riwayat Pendidikan                        Sarjana Hukum, Keperdataan Universitas Padjadjaran (1986)
 Educational background                    Bachelor of Law, Civil Law, Universitas Padjadjaran (1986)
 Sertifikasi                               Sertifikasi Manajemen Risiko Jenjang 5
 Certification                             Risk Management Certification Level 5
 Pengalaman Kerja                          •     Kepala Divisi Human Capital PT BRI Agro (2017 sd 2020)
                                           •     Kepala Bagian Human Capital Kanwil BRI Jakarta 2 (2016 sd 2017)
                                           •     Kepala Bagian Human Capital Kanwil BRI Bandung (2015 sd 2016)

 Work experience                           •     Head of Human Capital Division, PT BRI Agro (2017 to 2020)
                                           •     Head of Human Capital Division, BRI Regional Office Jakarta 2 (2016 to 2017)
                                           •     Head of Human Capital Division, BRI Regional Office Bandung (2015 to 2016)




Yuyus Susdiana
Anggota Komite Remunerasi dan Nominasi
Remuneration and Nomination Committee’s Member
Periode September - Desember 2025 | Period September - December 2025

 Domisili                  Depok
 Domicile
 Kewarganegaraan           Indonesia
 Nationality
 Usia                      52 tahun pada akhir tahun buku 2025
 Age                       52 years old at the end of the 2025 fiscal year




 Dasar Hukum Pengangkatan                  Surat Keputusan Direksi No. Kpts.R.284/Dir.01.04/HCP/08/2024
 Legal Basis for Appointment               Board of Directors' Decision No. Kpts.R.284/Dir.01.04/HCP/08/2024.
 Riwayat Pendidikan                        Sarjana Teknologi Pertanian, Institut Pertanian Bogor
 Educational background                    Bachelor of Agricultural Technology, Institut Pertanian Bogor
 Sertifikasi                               Ujian Resertifikasi Manajemen Risiko Jenjang 5
                                           Pembekalan Resertifikasi Manajemen Risiko Jenjang 5

 Certification                             Risk Management Recertification Exam Level 5
                                           Risk Management Recertification Briefing Level 5
 Pengalaman Kerja                          •     Assistant Vice President Human Capital Business Partner Team BRI (2020 sd 2024)
                                           •     Kepala Bagian Human Capital Kanwil BRI Bandar Lampung (2017 sd 2020)
                                           •     Pj. Kepala Bagian Human Capital Kanwil BRI Banda Aceh (2015 sd 2016)

 Work experience                           •     Assistant Vice President of Human Capital Business Partner Team, BRI (2020 to 2024)
                                           •     Head of Human Capital, BRI Bandar Lampung Regional Office (2017 to 2020)
                                           •     Acting Head of Human Capital Division of BRI Banda Aceh Regional Office (2015 to 2016)




372 PT Bank Raya Indonesia Tbk
Page 373
        Analisis dan Pembahasan Manajemen                           Tata Kelola Perusahaan                    Laporan Keberlanjutan                    Laporan Keuangan Audit
        Management Discussion and Analysis                          Good Corporate Governance                 Sustainability Report                    Audited Financial Report




Independensi Komite Remunerasi dan                                                             Independence of the Remuneration and
Nominasi                                                                                       Nomination Committee

Sejalan dengan POJK Penerapan Tata Kelola bagi Bank Umum, Piagam                               In line with POJK on the Implementation of Governance for Commercial
Komite Remunerasi dan Nominasi Bank Raya telah menetapkan persyaratan                          Banks, Bank Raya’s Remuneration and Nomination Committee Charter
independensi dan telah dipenuhi oleh anggota Komite Remunerasi dan                             has set the independence requirements that have been met by the
Nominasi Bank sebagaimana dijelaskan berikut ini:                                              Remuneration and Nomination Committee’s members as explained below:


                                                                                                               Johanes
                                                                          Retno Wahyuni    Muhamad Sidik                       Nyimas Dewi
                                                                                                               Kuntjoro                         Yuyus Susdiana     Yudi Malela
                        Aspek Independensi                                   Wijayanti      Heruwibowo                         Ratih Kamil
                                                                                                             Adisardjono                          (Anggota)         (Anggota)
                       Independence Aspect                                    (Ketua)        (Anggota)                          (Anggota)
                                                                                                              (Anggota)                           (Member)          (Member)
                                                                           (Chairperson)     (Member)                           (Member)
                                                                                                              (Member)

 Merupakan orang yang bekerja atau mempunyai wewenang                            x               x               x                   x                 x                x
 dan tanggung jawab untuk merencanakan, memimpin,
 mengendalikan, atau mengawasi kegiatan Bank Raya dalam
 waktu enam bulan terakhir

 A person who works or has the authority and responsibility to plan,
 lead, control or supervise Bank Raya activities in the last six months
 Memiliki saham Bank Raya, baik langsung maupun tidak langsung                   x               x               x                   x                 x                x

 A person who own shares in Bank Raya, either directly or indirectly
 Memiliki hubungan afiliasi dengan anggota Dewan Komisaris,                      x               x               x                   x                 x                x
 anggota Direksi, atau Pemegang Saham Utama/Pengendali

 A person who have an affiliated relationship with members of the
 Board of Commissioners, members of the Board of Directors, or
 Major/Controlling Shareholders
 Memiliki hubungan usaha, baik langsung maupun tidak langsung                    x               x               x                   x                 x                x
 yang berkaitan dengan kegiatan usaha Bank Raya

 A person who have a business relationship, either directly or
 indirectly, related to Bank Raya's business activities




Rapat Komite Remunerasi dan Nominasi                                                           Remuneration and Nomination
                                                                                               Committee’s Meetings
Berpedoman pada POJK Penerapan Tata Kelola bagi Bank Umum, Pedoman                             Based on POJK on the Implementation of Governance for Commercial
Kerja Komite Remunerasi dan Nominasi menetapkan bahwa rapat Komite                             Banks, the Remuneration and Nomination Committee Charter stipulates
Remunerasi dan Nominasi diselenggarakan sesuai dengan kebutuhan                                that a Remuneration and Nomination Committee’s meeting is held according
Bank dan dilaksanakan sekurang-kurangnya 1 kali dalam 3 (tiga) bulan.                          to the Bank's needs and is held at least once every 3 (three) months. This
Rapat komite ini yang harus mencantumkan agenda rapat, tanggal, waktu,                         committee’s meeting, which must include the meeting agenda, date, time,
dan tempat pelaksanaan rapat yang dipimpin oleh Ketua Komite.                                  and place of the meeting, is led by the Committee Chairperson.

Rapat komite ini dianggap sah dan berhak mengambil keputusan, apabila                          This committee’s meeting is considered valid and has the right to make
dihadiri oleh sekurang-kurangnya 51% dari jumlah anggota. Komite                               decisions if attended by at least 51% of the total number of members. The
Remunerasi dan Nominasi telah menyelenggarakan rapat komite sebanyak                           Remuneration and Nomination Committee held 8 (eight) meetings during
8 (delapan) kali rapat selama tahun buku 2025 atau lebih tinggi dari                           the 2025 fiscal year or more than the minimum requirements for holding
ketentuan minimal penyelenggaraan rapat Komite Remunerasi dan                                  Remuneration and Nomination Committee’s meetings. Bank Raya's
Nominasi. Keputusan rapat Komite Remunerasi dan Nominasi Bank Raya                             Remuneration and Nomination Committee’s meeting decisions are made
dilakukan berdasarkan musyawarah mufakat. Jika musyawarah mufakat                              by deliberation for consensus. If the deliberation for consensus cannot be
tidak tercapai, maka keputusan dilakukan berdasarkan suara terbanyak                           reached, the decisions are made by majority vote, provided that each
dengan ketentuan setiap anggota komite hanya berhak untuk memberikan                           committee member is only entitled to cast 1 (one) vote.
1 (satu) suara.

Penjelasan terkait tingkat kehadiran masing-masing anggota Komite                              The attendance level of each member of the Remuneration and Nomination
Remunerasi dan Nominasi dijelaskan pada tabel berikut ini:                                     Committee is outlined in the following table:


                                                                                                           Jumlah Wajib Rapat            Jumlah Kehadiran
              Nama & Inisial                                              Jabatan                                                                                % Kehadiran
                                                                                                           Number of Mandatory              Number of
              Name & Initials                                             Position                                                                               % Attendance
                                                                                                                Meetings                    Attendance

 Retno Wahyuni Wijayanti (RWW)                 Ketua/Komisaris Independen                                             8                         8                   100%
                                               Chairperson/Independent Commissioner
 Muhamad Sidik Heruwibowo (MSH)                Anggota/Komisaris Utama                                                8                         8                   100%
                                               Member/President Commissioner
 Nyimas Dewi Ratih Kamil (NDRK)                Anggota/Komisaris Independen                                           5                         3                    60%
                                               Member/Independent Commissioner




                                                                                                      Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                     Annual Report & Sustainability Report   2025 373
Page 374
        Ikhtisar Kinerja                             Laporan Manajemen                             Profil Perusahaan                 Tinjauan Pendukung Bisnis
        Performance Highlights                       Management Report                             Company Profile                   Overview of Business Support Units




                                                                                                        Jumlah Wajib Rapat      Jumlah Kehadiran
            Nama & Inisial                                        Jabatan                                                                                   % Kehadiran
                                                                                                        Number of Mandatory        Number of
            Name & Initials                                       Position                                                                                  % Attendance
                                                                                                             Meetings              Attendance

 Johanes Kuntjoro Adisardjono (JKA)        Anggota/Komisaris Independen                                           3                     3                         100%
                                           Member/Independent Commissioner
 Yudi Malela (YM)                          Anggota/Pihak Independen                                               5                     5                         100%
                                           Member/Independent Party
 Yuyus Susdiana (YS)                       Anggota                                                                8                     8                         100%
                                           Member




Risalah Rapat Komite Remunerasi dan                                                       Minutes of Remuneration and Nomination
Nominasi                                                                                  Committee’s Meeting

Sebagai bentuk kepatuhan terhadap Piagam Komite Remunerasi dan                            As form of compliance with the Remuneration and Nomination Committee
Nominasi, hasil rapat Komite Remunerasi dan Nominasi Bank Raya dituangkan                 Charter, the meetings results are outlined in the minutes of meeting, submitted
dalam risalah rapat, disampaikan kepada seluruh anggota Komite Remunerasi                 to all Remuneration and Nomination Committee members and properly
dan Nominasi dan didokumentasikan dengan baik. Risalah rapat ini dibuat                   documented. The minutes of meeting are made by a person present at
oleh seorang yang hadir dalam rapat dan yang ditunjuk oleh pimpinan                       the meeting and appointed by the meeting chair, must be signed by all
rapat, wajib ditandatangani semua anggota Komite yang hadir dalam                         members of the Committee present at the meeting, and are valid evidence
rapat, dan merupakan bukti yang sah mengenai keputusan yang diambil                       of the decisions taken at the meeting. Any dissenting opinion arising during
dalam rapat yang dimaksud. Jika terjadi perbedaan pendapat dalam                          a committee’s meeting must be clearly stated in the minutes, along with
rapat Komite, wajib dicantumkan secara jelas dalam risalah rapat beserta                  the reasons for such.
alasan perbedaan pendapat tersebut.

Risalah rapat Komite Remunerasi dan Nominasi Bank merupakan bukti                         The minutes of Bank Raya's Remuneration and Nomination Committee’s
yang sah mengenai keputusan yang diambil dalam rapat tersebut.                            meetings are valid evidence of the decisions taken at the meeting. The
Selanjutnya, penjelasan terkait dengan risalah rapat Komite Remunerasi                    explanation of the minutes of Remuneration and Nomination Committee’s
dan Nominasi adalah sebagai berikut:                                                      meetings is as follows:



           Tanggal dan                                                                                                               Kehadiran (Inisial)
          Tempat Rapat                                           Agenda Rapat                                                       Attendance (Initials)
  No
         Meeting Date and                                       Meeting Agenda
              Venue                                                                                                    RWW    YM       JKA       MSH        NDRK         YS

 1      5 Februari 2025       Pembahasan Strategi Pencapaian Target RBB 2025                                            √      √                   √          √          √
        February 5, 2025      Discussion on Strategies to Achieve the 2025 Business Plan Targets
 2      17 Maret 2025         Update Progress Pengisian Jabatan Pekerja                                                 √      √                   √                     √
        March 17, 2025        Update on Job Position Filling Progress
 3      05 Mei 2025           Kesiapan revisi RBB, penerapan organisasi dan KPI, Implementasi Risk Culture, Tindak      √      √                   √                     √
                              lanjut temuan audit di bidang Human Capital dan perjanjian kerjasama Bank Raya
                              dan serikat pekerja

        May 05, 2025          Preparedness for Business Plan revision, implementation of organization and KPIs, Risk
                              Culture Implementation, Follow-up on audit findings in Human Capital sector, and
                              cooperation agreement between Bank Raya and labor union
 4      4 Juni 2025           Kebijakan procurement Bank Raya                                                           √      √                   √          √          √
        June 4, 2025          Bank Raya's procurement policy
 5      25 Juni 2025          •       Kebijakan procurement Bank Raya                                                   √      √                   √          √          √
                              •       Perubahan Calon Pengurus Bank Raya

        June 25, 2025         •       Bank Raya's procurement policy
                              •       Changes to the Candidates for Bank Raya's Management
 6      01 September 2025     Penggantian Susunan Anggota Komite Remunerasi dan Nominasi                                √      √        √          √                     √
        September 01, 2025    Changes to the Remuneration and Nomination Committee’s Composition
 7      15 Oktober 2025       Pemenuhan formasi dan rencana kebutuhan sdm tahun 2026, produktivitas pekerja,            √      √        √          √                     √
                              implementasi Risk Culture di Bank raya, dan progres sertifikasi di bank raya

        October 15, 2025      Fulfillment of formation and planned human resource needs for 2026, employees’
                              productivity, Risk Culture implementation at Bank Raya, and certification progress at
                              Bank Raya
 8      12 Novemeber 2025     Rencana program HC untuk meminimalkan GAP Kompetensi Petugas ADK & RM dan                 √      √        √          √                     √
                              review dari Divisi COP & RBO terhadap petugas ADK – RM

        November 12, 2025     HC program plan to minimize Competency GAP for ADK & RM Officers and a review by
                              COP & RBO Division of ADK - RM officers
 Jumlah kehadiran                                                                                                       8      5        3          8          3          8
 Total attendance




374 PT Bank Raya Indonesia Tbk
Page 375
       Analisis dan Pembahasan Manajemen                  Tata Kelola Perusahaan                    Laporan Keberlanjutan                  Laporan Keuangan Audit
       Management Discussion and Analysis                 Good Corporate Governance                 Sustainability Report                  Audited Financial Report




Pengembangan Kompetensi Komite                                                      Remuneration and Nomination
Remunerasi dan Nominasi                                                             Committee’s Competency Development

Piagam Komite Remunerasi dan Nominasi mensyaratkan anggota Komite                   The Remuneration and Nomination Committee Charter requires the
Remunerasi dan Nominasi untuk bersedia meningkatkan kompetensi                      Remuneration and Nomination Committee’s members to be willing to
secara terus menerus melalui pendidikan dan pelatihan. Sejalan dengan               continuously improve their competencies through education and training.
ketentuan Piagam Komite Remunerasi dan Nominasi dan dalam rangka                    In line with the provisions of the Remuneration and Nomination Committee
pengembangan kompetensi untuk menunjang Komite tersebut dalam                       Charter and in the context of developing competencies to support the
melaksanakan tugas dan tanggung jawabnya, Bank Raya menyediakan                     Committee in carrying out its duties and responsibilities, Bank Raya provided
beragam program dan pelatihan untuk tahun buku 2025. Adapun program                 various programs and training programs throughout 2025. The training and
pelatihan dan pengembangan kompetensi yang diikuti oleh anggota                     competency development programs attended by the Remuneration and
Komite Remunerasi dan Nominasi selain anggota Dewan Komisaris atau                  Nomination Committee’s members other than the Board of Commissioners
pihak independen adalah sebagai berikut:                                            or independent parties are as follows :


         Nama                         Jabatan                         Materi Pendidikan dan Pelatihan                 Tempat dan Waktu            Penyelenggara
         Name                         Position                        Education and Training Materials                  Place and Time              Organizer

 Yuyus Susdiana          Anggota/Pejabat Eksekutif           Leadership by Design                                   Denpasar, 24 Mei 2025             Bridges
                         Kepala Divisi Human Capital

                         Member/Executive Officer            Leadership by Design                                   Denpasar, May 24, 2025
                         Head of Human Capital Division
 Yudi Malela (YM)        Anggota/Pihak Independen            Seminar Pengembangan Metode Pembelajaran               Jakarta, 10 Maret 2025             LPPI
                         Member/Independent Party            dengan menggunakan Artificial intelligence (AI)        Jakarta, March 10, 2025
                                                             Seminar on Developing Learning Methods Using
                                                             Artificial Intelligence (AI)




Pelaksanaan Tugas dan Kegiatan Komite                                               Implementation of the Remuneration
Remunerasi dan Nominasi                                                             and Nomination Committee’s Duties and
                                                                                    Activities
Komite Remunerasi dan Nominasi telah menjalankan tugas dan tanggung                 The Remuneration and Nomination Committee carried out its duties and
jawabnya sebagaimana yang telah ditetapkan dalam Piagam Komite                      responsibilities as stipulated in the Remuneration and Nomination Committee
Remunerasi dan Nominasi untuk tahun buku 2025 sebagaimana berikut                   Charter for the 2025 fiscal year, as follows:
ini:
a. Melakukan evaluasi terhadap kebijakan remunerasi yang didasarkan                 a.   Conducting evaluation of remuneration policy based on performance,
     atas kinerja, risiko, kewajaran dengan peer group, sasaran, dan strategi            risk, fairness with peer groups, target, and long-term strategy of the
     jangka panjang Bank, serta pemenuhan cadangan sebagaimana                           Bank, as well as fulfillment of reserves as stipulated in laws and
     diatur dalam peraturan perundang-undangan dan potensi pendapatan                    regulations and the Bank's potential future income.
     Bank di masa yang akan datang.
b. Menyampaikan hasil evaluasi dan rekomendasi kepada Dewan                         b.   Submitting evaluation results and recommendations to the Board of
     Komisaris mengenai:                                                                 Commissioners regarding:
     1) Kebijakan remunerasi bagi Direksi dan Dewan Komisaris untuk                      1) Remuneration policies for the Board of Directors and Board of
          disampaikan kepada Rapat Umum Pemegang Saham.                                      Commissioners to be submitted to the General Meeting of Shareholders.
     2) Kebijakan remunerasi bagi pekerja secara keseluruhan untuk                       2) Remuneration policies for employees as a whole to be submitted
          disampaikan kepada Direksi.                                                        to the Board of Directors.
c. Memastikan bahwa kebijakan remunerasi telah sesuai dengan                        c.   Ensuring that the remuneration policy is in accordance with applicable
     ketentuan yang berlaku.                                                             provisions.
d. Melakukan secara berkala (tahunan) terhadap penerapan kebijakan                  d.   Conducting periodic (annual) reviews of the implementation of
     remunerasi.                                                                         remuneration policy.
e. Memberikan rekomendasi kepada Dewan Komisaris mengenai:                          e.   Providing recommendations to the Board of Commissioners on:
     1) Struktur remunerasi,                                                             1) Remuneration structure,
     2) Kebijakan remunerasi                                                             2) Remuneration policies
     3) Besaran remunerasi                                                               3) Remuneration amount

Membantu Dewan Komisaris melakukan penilaian kinerja dengan kesesuaian              Assisting the Board of Commissioners in assessing performance with the
remunerasi yang diterima masing-masing anggota Direksi dan/atau Dewan               appropriateness of remuneration received by each member of the Board
Komisaris                                                                           of Directors and/or Board of Commissioners
a. Memberikan rekomendasi kepada Dewan Komisaris mengenai:                          a. Providing recommendations to the Board of Commissioners on:
    1) Komposisi jabatan anggota Direksi dan/atau anggota Dewan                          1) Composition of positions of the Board of Directors’ members and/or
         Komisaris,                                                                           the Board of Commissioners’ members,
    2) Kebijakan dan kriteria yang dibutuhkan dalam nominasi, dan                        2) Policies and criteria required in nominations, and
    3) Kebijakan evaluasi kinerja bagi anggota Direksi dan/atau anggota                  3) Performance evaluation policies for the Board of Directors’ members
         Dewan Komisaris.                                                                     and/or the Board of Commissioners’ members.
b. Membantu Dewan Komisaris melakukan penilaian kinerja anggota                     b. Assisting the Board of Commissioners in assessing the performance of
    Direksi dan/atau anggota Dewan Komisaris berdasarkan tolak ukur                      the Board of Directors’ members and/or the Board of Commissioners’
    yang telah disusun sebagai bahan evaluasi.                                           members based on benchmarks prepared as evaluation materials.
c. Memberikan rekomendasi kepada Dewan Komisaris mengenai program                   c. Providing recommendations to the Board of Commissioners on the
    pengembangan kemampuan anggota Direksi dan/atau anggota                              capacity development program of the Board of Directors’ members
    Dewan Komisaris                                                                      and/or the Board of Commissioners’ members.



                                                                                            Laporan Tahunan & Laporan Keberlanjutan
                                                                                                         Annual Report & Sustainability Report   2025 375
Page 376
        Ikhtisar Kinerja                      Laporan Manajemen                  Profil Perusahaan                   Tinjauan Pendukung Bisnis
        Performance Highlights                Management Report                  Company Profile                     Overview of Business Support Units




d.   Memberikan usulan yang memenuhi syarat sebagai anggota Direksi        d.   Providing proposals that meet the requirements as the Board of Directors’
     dan/atau anggota Dewan Komisaris kepada Dewan Komisaris untuk              members and/or the Board of Commissioners’ members to the Board
     disampaikan kepada RUPS.                                                   of Commissioners to be submitted to the GMS.
e.   Memberikan rekomendasi mengenai Pihak Independen yang akan            e.   Providing recommendations on Independent Parties who will be
     menjadi anggota Komite yang ada dibawah koordinasi Dewan                   Committees’ members under the Board of Commissioners’ coordination.
     Komisaris.
f.   Menyusun dan memberikan rekomendasi mengenai sistem prosedur          f. Preparing and providing recommendations on the system procedures
     pemilihan dan/atau penggantian anggota Direksi dan anggota Dewan         for the selection and/or replacement of the Board of Directors’ members
     Komisaris kepada Dewan Komisaris untuk disampaikan kepada RUPS.          and the Board of Commissioners’ members to the Board of Commissioners
                                                                              to be submitted to the GMS.
g. Mengidentifikasi dan memberikan rekomendasi mengenai calon              g. Identifying and providing recommendations on candidates for the Board
   anggota Direksi dan/atau calon anggota Dewan Komisaris kepada              of Directors’ members and/or candidates for the Board of Commissioners’
   Dewan Komisaris untuk disampaikan kepada RUPS.                             members to the Board of Commissioners to be submitted to the GMS.
h. Memberikan rekomendasi kepada Dewan Komisaris mengenai Pihak            h. Providing recommendations to the Board of Commissioners on
   Independen yang akan menjadi anggota Komite Audit dan anggota              Independent Parties who will be Audit Committee’s members and Risk
   Komite Pemantau Risiko.                                                    Monitoring Committee’s members.
i. Melakukan evaluasi atas usulan Key Performance Indicator individu       i. Conducting evaluations on the proposed Key Performance Indicators
   anggota Direksi.                                                           for individual members of the Board of Directors.
j. Menyiapkan usulan program pengembangan bagi anggota Direksi             j. Preparing proposals for development programs for the Board of
   dan/atau anggota Dewan Komisaris.                                          Directors’ members and/or the Board of Commissioners’ members.
k. Memberikan rekomendasi kepada Dewan Komisaris mengenai program          k. Providing recommendations to the Board of Commissioners on the
   pengembangan kemampuan anggota Direksi dan/atau anggota                    capacity development program of the Board of Directors’ members
   Dewan Komisaris.                                                           and/or the Board of Commissioners’ members.
l. Melakukan evaluasi atas usulan Direksi mengenai struktur organisasi     l. Conducting an evaluation of the proposals of the Board of Directors
   perseroan.                                                                 on the company’s organizational structure.
m. Melakukan evaluasi atas kebijakan remunerasi bagi karyawan yang         m. Conducting evaluations on remuneration policies for employees that
   membutuhkan persetujuan/tanggapan dari Dewan Komisaris.                    require approval/response from the Board of Commissioners


Penilaian Kinerja Komite Remunerasi                                        Remuneration and Nomination
dan Nominasi                                                               Committee’s Performance Assessment

Dewan Komisaris melakukan penilaian atas efektivitas kinerja Komite        The Board of Commissioners evaluates the effectiveness of the Remuneration
Remunerasi dan Nominasi berdasarkan pencapaian Key Performance             and Nomination Committee’s performance based on the achievement of
Indicator (KPI) berpedoman Piagam Komite Remunerasi dan Nominasi.          Key Performance Indicators (KPIs) in line with the Remuneration and
Adapun penilaian kinerja komite ini mengacu kepada hasil self-assessment   Nomination Committee Charter. This committee's performance assessment
GCG Bank Raya untuk tahun buku 2025 yang disajikan secara terpisah di      refers to Bank Raya's GCG self-assessment results for the 2025 fiscal year,
bagian akhir dari organ pendukung Dewan Komisaris.                         presented separately at the end of the Board of Commissioners’ supporting
                                                                           organs.


Komite Pemantau Risiko
Risk Monitoring Committee
Komite Pemantau Risiko, sebagaimana ditetapkan dalam Kebijakan Umum        The Risk Monitoring Committee, as stipulated in Bank Raya's General Policy
Penerapan GCG Bank Raya, adalah komite yang dibentuk dan bertanggung       for GCG Implementation, is a committee which is formed and responsible
jawab kepada Dewan Komisaris untuk membantu Dewan Komisaris dalam          to the Board of Commissioners to assist the Board of Commissioners in
memantau pelaksanaan manajemen risiko yang disusun oleh Direksi serta      monitoring the implementation of risk management developed by the
menilai toleransi risiko yang dapat diambil oleh Bank.                     Board of Directors and assessing the Bank's acceptable risk tolerance.


Pedoman Kerja Komite Pemantau Risiko                                       Risk Monitoring Committee Charter
Komite Pemantau Risiko Bank Raya telah memiliki Pedoman Kerja Komite       Bank Raya's Risk Monitoring Committee has a Risk Monitoring Committee
Pemantau Risiko (selanjutnya disebut Piagam Komite Pemantau Risiko)        Work Guidelines (hereinafter referred to as Risk Monitoring Committee
yang telah ditetapkan oleh Dewan Komisaris. Piagam Komite Pemantau         Charter), stipulated by the Board of Commissioners. This Risk Monitoring
Risiko ini mengalami pembaharuan seiring dengan perkembangan skala         Committee Charter has been updated in line with the Company's business
bisnis dan organisasi Perseroan yang terakhir ditetapkan berdasarkan       scale and organizational development, lastly stipulated by Bank Raya's
Keputusan Dewan Komisaris Bank Raya No. Kpts: B.01/DK/X/2024 pada          Board of Commissioners’ Decision of the Board of Commissioners of Bank
01 Oktober 2024 tentang Pedoman dan Tata Tertib Kerja Komite Pemantau      Raya No. Kpts: B.01/DK/X/2024 on October 1, 2024 concerning the
Risiko.                                                                    Guidelines and Work Procedures of the Risk Monitoring Committee.

Pedoman Kerja Komite Pemantau Risiko tersebut menyebutkan dasar            The Risk Monitoring Committee Charter outlines the legal basis, duties,
hukum, tugas, tanggung jawab dan kewenangan, organisasi, etika kerja,      responsibilities and authorities, organization, work ethics, working hours,
waktu kerja, rapat, pelaporan dan korespondensi, yang berkaitan dengan     meetings, reporting, and correspondence related to the implementation
pelaksanaan tugas Komite Pemantau Risiko.                                  of Risk Monitoring Committee's duties.




376 PT Bank Raya Indonesia Tbk
Page 377
       Analisis dan Pembahasan Manajemen                  Tata Kelola Perusahaan                Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis                 Good Corporate Governance             Sustainability Report                 Audited Financial Report




Tugas dan Tanggung Jawab Komite                                                  Duties and Responsibilities of the Risk
Pemantau Risiko                                                                  Monitoring Committee

Komite Pemantau Risiko bertugas untuk membantu Dewan Komisaris                   The Risk Monitoring Committee is tasked with assisting the Board of
dalam melaksanakan tugas pengawasan terhadap risk and control system.            Commissioners in carrying out supervisory duties on risk and control system.
Anggota Komite Pemantau Risiko memiliki tugas dan tanggung jawab                 The Risk Monitoring Committee’s members have the duty and responsibility
untuk melakukan pemantauan dan evaluasi kesesuaian antara manajemen              to monitor and evaluate the conformity between risk management and
risiko dengan pelaksanaan kebijakan Bank, dan melakukan pemantauan               the implementation of Bank policies, and to monitor and evaluate the
dan evaluasi pelaksanaan tugas komite manajemen risiko dan satuan                implementation of duties of risk management committee and risk
kerja manajemen risiko.                                                          management work unit.

Komite Pemantau Risiko juga melakukan review pelaksanaan manajemen               The Risk Monitoring Committee also reviews the implementation of risk
risiko yang terdiri dari laporan profil risiko, laporan tingkat Kesehatan Bank   management, covering the risk profile reports, Bank soundness level reports,
dan laporan terkait pengelolaan jenis risiko dan memantau kecukupan              and reports related to the management of types of risk, and monitors the
proses identifikasi, pengukuran, pemantauan, pengendalian dan sistem             adequacy of identification, measurement, monitoring, control, and risk
informasi manajemen risiko.                                                      management information system processes.

Selanjutnya, komite ini menyampaikan laporan atas kegiatan Komite                Furthermore, this committee submits a report on the Risk Monitoring
Pemantau Risiko kepada Dewan Komisaris termasuk laporan yang akan                Committee’s activities to the Board of Commissioners including reports that
disajikan dalam Laporan Tahunan Bank serta laporan atas penugasan                will be presented in the Bank's Annual Report and reports on assignments
yang diberikan oleh Dewan Komisaris serta memberikan masukan kepada              given by the Board of Commissioners and provides input to the Board of
Dewan Komisaris atas hal-hal yang perlu mendapat perhatian terkait               Commissioners on matters requiring attention related to the implementation
penerapan manajemen risiko.                                                      of risk management.


Organisasi dan Keanggotaan                                                       Organization and Membership
Komite Pemantau Risiko Bank Raya berada di bawah koordinasi Dewan                Bank Raya’s Risk Monitoring Committee is under the coordination of and
Komisaris dan bertanggung jawab kepada Dewan Komisaris. Pengangkatan             reports to the Board of Commissioners. The committee members are
dan pemberhentian anggota komite dilakukan oleh Direksi berdasarkan              appointed and dismissed by the Board of Directors based on the Board of
keputusan rapat Dewan Komisaris. Selanjutnya, berdasarkan keanggotaan            Commissioners' meeting decisions. Furthermore, based on the committee
komite, anggota komite ini terdiri dari 3 (tiga) orang, salah satu diantaranya   membership, the committee members consist of 3 (three) people, one of
adalah Komisaris Independen yang bertindak sebagai Ketua Komite.                 whom is an Independent Commissioner who acts as the Committee Chair.


Pembagian Tugas Antar Anggota Komite                                             Division of Duties Among Risk Monitoring
Pemantau Risiko                                                                  Committee Members

Sejalan dengan ketentuan yang diatur dalam Piagam Komite Pemantau                In line with the provisions stipulated in Risk Monitoring Committee Charter,
Risiko, Komite Pemantau Risiko diketuai oleh Komisaris Independen. Ketua         the Risk Monitoring Committee is chaired by an Independent Commissioner.
Komite Pemantau Risiko Bank tidak diperbolehkan merangkap jabatan                The Chairperson of Risk Monitoring Committee is not permitted to hold
sebagai Ketua Komite lebih dari 1 (satu) pada Komite lain. Dari minimal 3        concurrent positions as Chairperson of more than 1 (one) Committee on
(tiga) anggota Komite Pemantau Risiko termasuk Ketua Komite, anggota             another Committee. Of the minimum 3 (three) members of the Risk Monitoring
Komite Pemantau Risiko lainnya adalah pihak independen yang memiliki             Committee including the Chairperson of the Committee, other members
keahlian di bidang keuangan dengan pengalaman kerja minimal 5 (lima)             of the Risk Monitoring Committee are independent parties who have
tahun. Satu orang anggota lainnya adalah pihak independen yang memiliki          expertise in finance with a minimum of 5 (five) years of work experience.
keahlian di bidang manajemen risiko dengan pengalaman kerja paling               One other member is an independent party who has expertise in risk
sedikit 5 (lima) tahun.                                                          management with a minimum of 5 (five) years of work experience.


Masa Jabatan Komite Pemantau Risiko                                              Term of Office of the Risk Monitoring
                                                                                 Committee
Menurut Pedoman Kerja Komite Pemantau Risiko, masa tugas anggota                 According to the Risk Monitoring Committee Charter, the term of office of
Komite Pemantau Risiko tidak boleh lebih dari masa jabatan Dewan                 Risk Monitoring Committee’s members may not exceed the Board of
Komisaris sebagaimana diatur dalam Anggaran Dasar dan dapat dipilih              Commissioners’ term of office as stipulated in the Articles of Association
kembali hanya untuk 1 (satu) periode berikutnya.                                 and may be re-elected for only 1 (one) subsequent period.


Jumlah, Komposisi dan Susunan Komite                                             Number, Composition, and Structure of
Pemantau Risiko                                                                  the Risk Monitoring Committee

Jumlah Komite Pemantau Risiko yang bertugas hingga akhir tahun 2025              The number of Risk Monitoring Committee’s members serving until the end
terdiri dari 5 (lima) orang yakni 1 (satu) Ketua Komite Pemantau Risiko dan      of 2025, consisted of 5 (five) people, namely 1 (one) Chairperson and 4
4 (empat) anggota Komite Pemantau Risiko. Per 31 Desember 2025 Komite            (four) members. As of December 31, 2025, the Risk Monitoring Committee
Pemantau Risiko diketuai oleh Johanes Kuntjoro Adisardjono, salah seorang        is chaired by Johanes Kuntjoro Adisardjono, one of Bank Raya’s Independent
Komisaris Independen Bank Raya. Keempat anggota komite ini lainnya               Commissioners. The other four members are 2 (two) members of the Board




                                                                                        Laporan Tahunan & Laporan Keberlanjutan
                                                                                                    Annual Report & Sustainability Report   2025 377
Page 378
        Ikhtisar Kinerja                           Laporan Manajemen                                Profil Perusahaan                         Tinjauan Pendukung Bisnis
        Performance Highlights                     Management Report                                Company Profile                           Overview of Business Support Units




terdiri dari 2 (dua) anggota Dewan Komisaris dan 2 (dua) lainnya berasal                    of Commissioners and 2 (two) members of independent parties. The
dari pihak independen. Penetapan komposisi dan susunan Komite Pemantau                      composition and structure of the Risk Monitoring Committee serving until
Risiko ini yang menjabat hingga 31 Desember 2025 berpedoman pada                            December 31, 2025, is outlined under the Board of Commissioners’ Decision
Surat Keputusan Dewan Komisaris No. R.304/Dir.01.04/HCP/09/2024 tanggal                     No. R.304/Dir.01.04/HCP/09/2024 dated September 9, 2024 on the
09 September 2024 tentang Susunan Anggota Komite Pemantau Risiko.                           Composition of Risk Monitoring Committee.

Komposisi Komite Pemantau Risiko Bank Raya tersebut telah sesuai dengan                     The composition of Bank Raya's Risk Monitoring Committee is in line with
ketentuan POJK Penerapan Tata Kelola bagi Bank Umum yang mewajibkan                         the provisions of POJK on the Implementation of Governance for Commercial
Komite Pemantau Risiko paling sedikit terdiri dari 3 (tiga) orang anggota                   Banks, which requires the Risk Monitoring Committee to consist of at least
yang terdiri dari 1 (satu) orang Komisaris Independen dan 2 (dua) orang                     3 (three) members, consisting of 1 (one) Independent Commissioner and
dari pihak independen yang memiliki keahlian bidang manajemen risiko                        2 (two) independent parties with expertise in risk management and finance.
dan keuangan. Tabel berikut ini menjelaskan komposisi Komite Pemantau                       The following table explains the composition of Bank Raya's Risk Monitoring
Risiko Bank Raya untuk tahun buku 2025 dan perbandingannya untuk                            Committee for the 2025 fiscal year and its comparison to the previous fiscal
tahun buku sebelumnya:                                                                      year:


                                                                             31 Desember 2025                                                31 Desember 2024
                                                                             December 31, 2025                                               December 31, 2024

 Ketua                                                   Johanes Kuntjoro Adisardjono                                     Johanes Kuntjoro Adisardjono
 Chairperson
 Anggota                                                 Muhamad Sidik Heruwibowo                                         Muhamad Sidik Heruwibowo
 Member
 Anggota                                                 Nyimas Dewi Ratih Kamil                                          Nyimas Dewi Ratih Kamil
 Member
 Anggota                                                 Teguh Pramono                                                    Teguh Pramono
 Member
 Anggota                                                 Triwidodo                                                        Triwidodo
 Member




Dasar Hukum Pengangkatan dan Keahlian                                                       Legal Basis for Appointment and Expertise
Anggota Komite Pemantau Risiko                                                              of Risk Monitoring Committee Members

Kebijakan Umum Penerapan GCG Bank Raya menetapkan bahwa                                     Bank Raya's General Policy on GCG Implementation stipulates that the
pengangkatan dan pemberhentian anggota komite Dewan Komisaris                               Board of Commissioners’ committee members must be appointed and
wajib dilakukan oleh Direksi berdasarkan keputusan rapat Dewan Komisaris.                   dismissed by the Board of Directors based on the Board of Commissioners’
Sehubungan dengan hal tersebut, Direksi telah melakukan pengangkutan                        meeting decision. Thus, the Board of Directors has appointed members of
anggota Komite Pemantau Risiko melalui sejumlah keputusan direksi yang                      the Risk Monitoring Committee through a number of Board of Directors’
disajikan berikut ini.                                                                      decisions, as presented below.


                                                                                                                                                                         Periode
      Nama                 Jabatan                           Dasar Pengangkatan                                  Keahlian                     Masa Jabatan               Jabatan
      Name                 Position                           Appointment Basis                                  Expertise                    Term of Office             Period of
                                                                                                                                                                         Position

 Johanes Kuntjoro   Ketua/Komisaris            Surat Keputusan Direksi No. Kpts.R.304/Dir.01.04/        Perbankan/ Keuangan, Audit      Mengikuti masa jabatan         Ke-1
 Adisardjono        Independen                 HCP/09/2024 tanggal 09 September 2024                    dan Kepatuhan                   sebagai Dewan Komisaris

                    Chairperson/Independent    Board of Directors' Decision No. Kpts.R.304/Dir.01.04/   Banking/Finance, Audit and      Following the term of office   1st
                    Commissioner               HCP/09/2024 dated September 9, 2024                      Compliance                      as a Board of Commissioners
 Muhamad Sidik      Anggota/Komisaris Utama    Surat Keputusan Direksi No. Kpts.R.304/Dir.01.04/        Perbankan/ Keuangan, Audit,     Mengikuti masa jabatan         Ke-1
 Heruwibowo                                    HCP/09/2024 tanggal 09 September 2024                    dan Manajemen Risiko            sebagai Dewan Komisaris

                    Member/ President          Board of Directors' Decision No. Kpts.R.304/Dir.01.04/   Banking/Finance, Audit, and     Following the term of office   1st
                    Commissioner               HCP/09/2024 dated September 9, 2024                      Risk Management                 as a Board of Commissioners
 Nyimas Dewi        Anggota/Komisaris          Surat Keputusan Direksi No. Kpts.R.304/Dir.01.04/        Administrasi Publik, Ekonomi,   Mengikuti masa jabatan         Ke-1
 Ratih Kamil                                   HCP/09/2024 tanggal 09 September 2024                    dan Manajemen Organisasi        sebagai Dewan Komisaris

                    Member/Commissioner        Board of Directors' Decision No. Kpts.R.304/Dir.01.04/   Public Administration,          Following the term of office   1st
                                               HCP/09/2024 dated September 9, 2024                      Economics,           and        as a Board of Commissioners
                                                                                                        Organizational Management
 Teguh Pramono      Anggota/Pihak Independen   Surat Keputusan Direksi No. Kpts.R.304/Dir.01.04/        Perbankan/ Keuangan             01 April 2021 s.d 31           Ke-1
                                               HCP/09/2024 tanggal 09 September 2024                                                    Maret 2025

                    Member/Independent         Board of Directors' Decision No. Kpts.R.304/Dir.01.04/   Banking/Finance                 April 1, 2021 to March 31,     1st
                    Party                      HCP/09/2024 dated September 9, 2024                                                      2025
 Triwidodo          Anggota/Pihak              Surat Keputusan Direksi No. Kpts.R.304/Dir.01.04/        Perbankan/ Keuangan,            11 Oktober 2021 s.d 10         Ke-1
                    Independen                 HCP/09/2024 tanggal 09 September 2024                    Risk Management                 Oktober 2025

                    Member/Independent         Board of Directors' Decision No. Kpts.R.304/Dir.01.04/   Banking/Finance, Risk           October 11, 2021 to            1st
                    Party                      HCP/09/2024 dated September 9, 2024                      Management                      October 10, 2025




378 PT Bank Raya Indonesia Tbk
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        Analisis dan Pembahasan Manajemen                      Tata Kelola Perusahaan                      Laporan Keberlanjutan                 Laporan Keuangan Audit
        Management Discussion and Analysis                     Good Corporate Governance                   Sustainability Report                 Audited Financial Report




Pengangkatan anggota Komite Pemantau Risiko tersebut juga telah                          The appointment of the Risk Monitoring Committee members considers
mempertimbangkan keahlian atau kompetensi dari masing-masing anggota                     the expertise and competencies of each member, as described in the table
Komite Pemantau Risiko sebagaimana dijelaskan pada tabel tersebut di                     above.
atas.


Profil Anggota Komite Pemantau Risiko                                                    Profiles of Risk Monitoring Committee
                                                                                         Members
Profil Ketua Komite Pemantau Risiko yang berasal dari anggota Dewan                      The profile of Chairperson of Risk Monitoring Committee from the Board of
Komisaris yakni Johanes Kuntjoro Adisardjono, Muhamad Sidik Heruwibowo,                  Commissioners’ members: Johanes Kuntjoro Adisardjono, Muhamad Sidik
dan Nyimas Dewi Ratih Kamil dapat dilihat di bab Profil Perusahaan.                      Heruwibowo, and Nyimas Dewi Ratih Kamil, can be seen in the Company
Sementara itu, profil Teguh Pramono dan Triwidodo sebagai anggota                        Profile chapter. Meanwhile, the profiles of Teguh Pramono and Triwidodo
Komite Pemantau Risiko yang berasal dari pihak independen adalah                         as members of Risk Monitoring Committee who are independent parties,
sebagai berikut:                                                                         are as follows:




Teguh Pramono
Anggota Komite Pemantau Risiko
Risk Monitoring Committee Member


Domisili                  Jakarta
Domicile
Kewarganegaraan           Indonesia
Nationality
Usia                      62 tahun pada akhir tahun buku 2025
Age                       62 years old at the end of the 2025 fiscal year




 Dasar Hukum Pengangkatan                 Surat Keputusan Direksi No.Kpts.R.304/Dir.01.04/HCP/09/2024 tanggal 09 September 2024
 Legal Basis for Appointment              Board of Directors' Decision No.Kpts.R.304/Dir.01.04/HCP/09/2024 dated September 9, 2024
 Riwayat Pendidikan                       •     Magister Manajemen, Universitas Airlangga (1999)
                                          •     Sarjana Hukum, Universitas Airlangga (1987)

 Educational background                   •     Master of Management, Universitas Airlangga (1999)
                                          •     Bachelor of Law, Universitas Airlangga (1987)
 Sertifikasi                              Sertifikasi Manajemen Risiko Jenjang 5
 Certification                            Level 5 Risk Management Certification
 Pengalaman Kerja                         •     Wakil Kepala Divisi Bisnis 1 (Captive) PT BRI Asuransi Indonesia (2019-2020)
                                          •     Wakil Pemimpin Wilayah BRI Kanwil Jakarta 1 (2018-2019)
                                          •     Wakil Pemimpin Wilayah BRI Kanwil Makassar (2017-2018)

 Work experience                          •     Deputy Head of Business Division 1 (Captive), PT BRI Asuransi Indonesia (2019-2020)
                                          •     Deputy Regional Leader, BRI Regional Office Jakarta 1 (2018-2019)
                                          •     Deputy Regional Leader, BRI Regional Office Makassar (2017-2018)




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         Performance Highlights                            Management Report                             Company Profile                   Overview of Business Support Units




Triwidodo
Anggota Komite Pemantau Risiko
Risk Monitoring Committee Member


Domisili                      Jakarta
Domicile
Kewarganegaraan               Indonesia
Nationality
Usia                          60 tahun pada akhir tahun buku 2025
Age                           60 years old at the end of the 2025 fiscal year




 Dasar Hukum Pengangkatan                       Surat Keputusan Direksi No.Kpts.R.304/Dir.01.04/HCP/09/2024 tanggal 09 September 2024
 Legal Basis for Appointment                    Board of Directors' Decision No.Kpts.R.304/Dir.01.04/HCP/09/2024 dated September 9, 2024
 Riwayat Pendidikan                             •     Magister Manajemen, Universitas Gadjah Mada (2000)
                                                •     Sarjana Ekonomi, Universitas Gadjah Mada (1990)

 Educational background                         •     Master of Management, Universitas Gadjah Mada (2000)
                                                •     Bachelor of Economics, Universitas Gadjah Mada (1990)
 Sertifikasi                                    Sertifikasi Manajemen Risiko Jenjang 5
 Certification                                  Risk Management Certification Level 5
 Pengalaman Kerja                               •     VP, Regional Risk Management Team BRI (2020-2021)
                                                •     VP, Executive Risk Officer BRI (2019-2020)
                                                •     Assistant VP, Credit Risk Analysis Division BRI (2013-2019)

 Work experience                                •     VP, Regional Risk Management Team, BRI (2020-2021)
                                                •     VP, Executive Risk Officer, BRI (2019-2020)
                                                •     Assistant VP, Credit Risk Analysis Division, BRI (2013-2019)




Independensi Komite Pemantau Risiko                                                              Independence of the Risk Monitoring
                                                                                                 Committee
Sejalan dengan POJK Penerapan Tata Kelola bagi Bank Umum, Piagam                                 In line with POJK on the Implementation of Governance for Commercial
Komite Pemantau Risiko Bank Raya telah menetapkan persyaratan                                    Banks, Bank Raya’s Risk Monitoring Committee Charter has set out
independensi dan telah dipenuhi oleh anggota Komite Pemantau Risiko                              independence requirements and has been fulfilled by the Risk Monitoring
Bank sebagaimana dijelaskan berikut ini:                                                         Committee members as explained below:


                                                                                     Johanes Kuntjoro   Muhamad Sidik        Nyimas Dewi
                                                                                                                                           Teguh Pramono        Triwidodo
                              Aspek Independensi                                        Adisardjono      Heruwibowo          Ratih Kamil
                                                                                                                                             (Anggota)          (Anggota)
                             Independence Aspect                                          (Ketua)         (Anggota)           (Anggota)
                                                                                                                                              (Member)          (Member)
                                                                                       (Chairperson)      (Member)            (Member)

 Merupakan orang yang bekerja atau mempunyai wewenang dan tanggung                          x                   x                 x               x                 x
 jawab untuk merencanakan, memimpin, mengendalikan, atau mengawasi
 kegiatan Bank Raya dalam waktu enam bulan terakhir

 A person who works or has the authority and responsibility to plan, lead,
 control or supervise Bank Raya activities in the last six months
 Memiliki saham Bank Raya, baik langsung maupun tidak langsung                              x                   x                 x               x                 x
 A person who own shares in Bank Raya, either directly or indirectly
 Memiliki hubungan afiliasi dengan anggota Dewan Komisaris, anggota                         x                   x                 x               x                 x
 Direksi, atau Pemegang Saham Utama/Pengendali

 A person who have an affiliated relationship with members of the Board
 of Commissioners, members of the Board of Directors, or Major/Controlling
 Shareholders
 Memiliki hubungan usaha, baik langsung maupun tidak langsung yang                          x                   x                 x               x                 x
 berkaitan dengan kegiatan usaha Bank Raya

 A person who have a business relationship, either directly or indirectly, related
 to Bank Raya's business activities




380 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                Tata Kelola Perusahaan                Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis               Good Corporate Governance             Sustainability Report                 Audited Financial Report




Rapat Komite Pemantau Risiko                                                   Risk Monitoring Committee’s Meeting
POJK Penerapan Tata kelola bagi Bank Umum dan Piagam Komite                    POJK on Implementation of Governance for Commercial Banks and Bank
Pemantau Risiko Bank Raya menetapkan bahwa rapat Komite Pemantau               Raya’s Risk Monitoring Committee Charter stipulate that a Risk Monitoring
Risiko diselenggarakan sesuai dengan kebutuhan Bank dan dilaksanakan           Committee’s meeting is held according to the Bank's needs and at least
sekurang-kurangnya 1 (satu) kali dalam 1 (satu) bulan. Rapat komite ini        once every 1 (one) month. This committee’s meeting must include the
yang harus mencantumkan agenda rapat, tanggal, waktu, dan tempat               meeting agenda, date, time, and venue, and is led by the Committee
pelaksanaan rapat yang dipimpin oleh Ketua Komite atau anggota Komite          Chairperson or another Committee member appointed by the Committee
lainnya yang ditunjukkan oleh Ketua Komite jika berhalangan hadir.             Chairperson if unable to attend.

Rapat komite ini dianggap sah dan berhak mengambil keputusan, apabila          This committee’s meeting is considered valid and entitled to make decisions
dihadiri oleh sekurang-kurangnya 51% dari jumlah anggota. Komite               if attended by at least 51% of the total number of members. The Risk
Pemantau Risiko telah menyelenggarakan rapat komite sebanyak 20 (dua           Monitoring Committee held 20 (twenty) meetings during 2025, exceeding
puluh) kali rapat selama tahun 2025 atau lebih tinggi dari ketentuan minimal   the minimum requirements for holding Risk Monitoring Committee’s meetings.
penyelenggaraan rapat komite Pemantau Risiko. Keputusan rapat Komite           Bank Raya’s Risk Monitoring Committee’s meeting decisions are made by
Pemantau Risiko Bank Raya dilakukan berdasarkan musyawarah mufakat.            deliberation for consensus. If the deliberation for consensus cannot be
Jika musyawarah mufakat tidak tercapai, maka keputusan dilakukan               reached, the decisions are made by majority vote, provided that each
berdasarkan suara terbanyak dengan ketentuan setiap anggota komite             committee member is only entitled to cast 1 (one) vote.
hanya berhak untuk memberikan 1 (satu) suara.

Penjelasan terkait tingkat kehadiran masing-masing anggota Komite              The explanation regarding the attendance level of each member of the
Pemantau Risiko dijelaskan pada tabel berikut ini:                             Risk Monitoring Committee is explained in the following table:


                                                                                            Jumlah Wajib Rapat       Jumlah Kehadiran
         Nama & Inisial                                   Jabatan                                                                            % Kehadiran
                                                                                            Number of Mandatory         Number of
         Name & Initials                                  Position                                                                           % Attendance
                                                                                                 Meetings               Attendance

 Johanes Kuntjoro Adisardjono*    Ketua/Komisaris Independen                                        20                       20                  100
 (JKA)                            Chairperson/Independent Commissioner
 Muhamad Sidik Heruwibowo         Anggota/Komisaris Utama                                           20                       20                  100
 (MSH)                            Member/President Commissioner
 Nyimas Dewi Ratih Kamil (NDRK)   Anggota/Komisaris                                                 20                       20                  100
                                  Members/Commissioners
 Teguh Pramono (TP)               Anggota/Pihak Independen                                          20                       20                  100
                                  Members/Independent Parties
 Triwidodo (TW)                   Anggota/Pihak Independen                                          20                       20                  100
                                  Members/Independent Parties




Risalah Rapat Komite Pemantau Risiko                                           Minutes of Risk Monitoring Committee’s
                                                                               meetings
Sebagai bentuk kepatuhan terhadap Piagam Komite Pemantau Risiko,               As form of compliance with the Risk Monitoring Committee Charter, the
hasil rapat Komite Pemantau Risiko Bank Raya dituangkan dalam risalah          results of Bank Raya's Risk Monitoring Committee’s meetings are outlined
rapat, disampaikan kepada seluruh anggota Komite Pemantau Risiko dan           in the minutes of meeting, submitted to all Risk Monitoring Committee
didokumentasikan dengan baik. Risalah rapat ini dibuat oleh seorang yang       members and properly documented. The minutes of meeting are made
hadir dalam rapat dan yang ditunjuk oleh pimpinan rapat, wajib                 by a person present at the meeting and appointed by the meeting chair,
ditandatangani semua anggota Komite yang hadir dalam rapat, dan                must be signed by all members of the Committee present at the meeting,
merupakan bukti yang sah mengenai keputusan yang diambil dalam rapat           and are valid evidence of the decisions taken at the meeting. Any dissenting
yang dimaksud. Jika terjadi perbedaan pendapat dalam rapat Komite,             opinion arising during a committee’s meeting must be clearly stated in the
wajib dicantumkan secara jelas dalam risalah rapat beserta alasan              minutes, along with the reasons for such.
perbedaan pendapat tersebut.

Risalah rapat Komite Pemantau Risiko Bank merupakan bukti yang sah             The minutes of Bank Raya's Risk Monitoring Committee’s meetings are valid
mengenai keputusan yang diambil dalam rapat tersebut. Selanjutnya,             evidence of the decisions taken at the meeting. The explanation of the
penjelasan terkait dengan risalah rapat Komite Pemantau Risiko adalah          minutes of Risk Monitoring Committee’s meetings are as follows:
sebagai berikut:




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       Ikhtisar Kinerja                           Laporan Manajemen                              Profil Perusahaan                   Tinjauan Pendukung Bisnis
       Performance Highlights                     Management Report                              Company Profile                     Overview of Business Support Units




                                                                                                                                        Kehadiran (Inisial)
        Tanggal dan Tempat
                                                                      Agenda Rapat                                                     Attendance (Initials)
 No             Rapat
                                                                     Meeting Agenda
       Meeting Date and Venue
                                                                                                                               JKA   MSH      NDRK        TP     TW

 1     8 Januari 2025           Pembahasan usulan pedoman pelaksanaan pengendalian internal atas Pelaporan                      √     √         √          √       √
                                Keuangan atau Internal Control over Financial Reporting (ICoFR)

       January 8, 2025          Discussion of proposed guidelines for implementing internal control over financial reporting
                                (ICoFR)
 2     10 Februari 2025         Pembahasan Strategi Pencapaian Target RBB 2025                                                  √     √         √          √       √
       February 10, 2025        Discussion of the Strategy for Achieving the 2025 Business Plan Targets
 3     24 Februari 2025         Stategi Bisnis Bank Raya Tahun 2025                                                             √     √         √          √       √
       February 24, 2025        Bank Raya's 2025 Business Strategy
 4     5 Maret 2025             Dampak Kerusuhan di PT IMIP terhadap Pinang Flexi                                               √     √         √          √       √
       March 5, 2025            Impact of PT IMIP Riots on Pinang Flexi
 5     12 Maret 2025            Implementasi Risk dan efektifitas BRO                                                           √     √         √          √       √
       March 12, 2025           Risk Implementation and Effectiveness of BRO
 6     24 Maret 2025            Update pengelolaan risiko kepatuhan dan rencana kerja                                           √     √         √          √       √
       March 24, 2025           Update on Compliance Risk Management and Work Plan
 7     14 April 2025            Update Pengelolaan Divisi RCR dan Pencapaian Target 2024 serta Strategi pencapaian              √     √         √          √       √
                                target 2025

       April 14, 2025           Update on RCR Division Management and 2024 Target Achievement, as well as 2025
                                Target Achievement Strategy
 8     7 Mei 2025               Progres Implementasi IcOFR di Bankraya                                                          √     √         √          √       √
       May 7, 2025              ICoFR Implementation Progress at Bank Raya
 9     18 Juni 2025             Pembahasan Usulan UCL PT BRI Tbk                                                                √     √         √          √       √
       June 18, 2025            Discussion of the Proposed UCL for PT BRI Tbk
 10    28 Juli 2025             Update Implementasi ICoFR Juli 2025 dan Persiapan Pelaporannya                                  √     √         √          √       √
       July 28, 2025            Update on ICoFR Implementation July 2025 and Reporting Preparation
 11    06 Agustus 2025          Update Pengelolaan Debitur CBD PT SSP                                                           √     √         √          √       √
       August 6, 2025           Update on CBD Debtor Management for PT SSP
 12    06 Agustus 2025          Pembahasan Usulan UCL PT Pegadaian Tbk                                                          √     √         √          √       √
       August 6, 2025           Discussion of the Proposed UCL for PT Pegadaian Tbk
 13    20 Agustus 2025          Update pengelolaan pinjaman PT WB dan PT IM                                                     √     √         √          √       √
       August 20, 2025          Update on Loan Management for PT WB and PT IM
 14    08 September 2025        Update Brand Awareness dan Strategi Pengelolaan Risiko Reputasi                                 √     √         √          √       √
       September 8, 2025        Update on Brand Awareness and Reputation Risk Management Strategy
 15    15 Oktober 2025          Update Implementasi IcoFR                                                                       √     √         √          √       √
       October 15, 2025         Update IcoFR Implementation
 16    15 Oktober 2025          Pembahasan Usulan SE Penghapusbukuan Kredit Macet Bank Raya Tahun 2025                          √     √         √          √       √

       October 15, 2025         Discussion of the Proposed Circular Letter on Bank Raya's Non-Performing Loan Write-
                                Offs in 2025
 17    05 November 2025         Update Pengelolaan Divisi RCR dan Pencapaian Target 2025                                        √     √         √          √       √
       November 5, 2025         Update on RCR Division Management and 2025 Target Achievement
 18    19 November 2025         Pengkinian Recovery Plan Bank Raya                                                              √     √         √          √       √
       November 19, 2025        Update on Bank Raya's Recovery Plan
 19    24 November 2025         Usulan RAKB Bank Raya Tahun 2026-2030                                                           √     √         √          √       √
       November 24, 2025        Proposed Bank Raya RAKB for 2026-2030
 20    31 Desember 2025         Evaluasi Akhir Tahun 2025                                                                       √     √         √          √       √
       December 31. 2025        2025 Year-End Evaluation
 Jumlah kehadiran                                                                                                              20     20        20        20      20
 Total attendance




Pengembangan Kompetensi Komite                                                            Risk Monitoring Committee’s Competency
Pemantau Risiko                                                                           Development
Piagam Komite Audit mensyaratkan anggota Komite Pemantau Risiko                           The Risk Monitoring Committee Charter requires Risk Monitoring Committee
untuk bersedia meningkatkan kompetensi secara terus menerus melalui                       members to be willing to continuously improve their competencies through
pendidikan dan pelatihan. Sejalan dengan ketentuan Piagam Komite                          education and training. In line with the provisions of the Risk Monitoring
Pemantau Risiko dan dalam rangka pengembangan kompetensi untuk                            Committee Charter and in the context of developing competencies to
menunjang Komite Pemantau Risiko dalam melaksanakan tugas dan                             support the Risk Monitoring Committee in carrying out its duties and
tanggung jawabnya, Bank Raya menyediakan beragam program dan                              responsibilities, Bank Raya provided various programs and training programs
pelatihan selama tahun 2025. Adapun program pelatihan dan pengembangan                    throughout 2025. The training and competency development programs
kompetensi yang diikuti oleh anggota Komite Pemantau Risiko selain                        attended by Risk Monitoring Committee members other than the Board of
Dewan Komisaris atau pihak independen adalah sebagai berikut:                             Commissioners or independent parties are as follows:




382 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                  Tata Kelola Perusahaan                           Laporan Keberlanjutan                Laporan Keuangan Audit
       Management Discussion and Analysis                 Good Corporate Governance                        Sustainability Report                Audited Financial Report




      Nama               Jabatan                     Materi Pendidikan dan Pelatihan                              Tempat dan Waktu                         Penyelenggara
      Name               Position                    Education and Training Materials                               Place and Time                           Organizer

 Teguh Pramono      Anggota/Pihak        1.   Perlindungan Data Nasabah                               1.     Jakarta, 06 Februari 2025                1.    Bank Raya
 (TP)               Independen           2.   ESG dan Sustainability                                  2.     Jakarta, 27 Oktober 2025                 2.    Bank Raya

                    Members/             1.   Customer Data Protection                                1.     Jakarta, February 6, 2025                1.    Bank Raya
                    Independent          2.   ESG and Sustainability                                  2.     Jakarta, October 27, 2025                2.    Bank Raya
                    Parties
 Triwidodo (TW)     Anggota/Pihak        1.   Pengembangan Metode Pembelajaran dengan                 1.     Jakarta, 10 Maret 2025                   1.    LPPI
                    Independen                Menggunakan Artificial Intelligence (AI)
                                         2.   Pelatihan dan Asesmen Calon Asesor Kompetensi           2.     Jakarta, 23-27 juli 2025                 2.    LSPP
                                              Bidang Perbankan Angkatan 1 Tahun 2025

                    Members/             1.   Development of Learning Method Using Artificial         1.     Jakarta, March 10, 2025                  1.    LPPI
                    Independent               Intelligence (AI)
                    Parties              2.   Training and Assessment of Prospective Banking          2.     Jakarta, July 23-27, 2025                2.    LSPP
                                              Competency Assessors, Batch 1, 2025




Pelaksanaan Tugas dan Kegiatan Komite                                                   Implementation of Risk Monitoring
Pemantau Risiko                                                                         Committee’s Duties and Activities

Komite Pemantau Risiko telah menjalankan tugas dan tanggung jawabnya                    The Risk Monitoring Committee carried out its duties and responsibilities as
sebagaimana yang telah ditetapkan dalam Piagam Komite Pemantau                          stipulated in the Risk Monitoring Committee Charter for the 2025 fiscal year,
Risiko untuk tahun buku 2025 sebagaimana berikut ini:                                   as follows:
1. Melakukan pemantauan dan evaluasi kesesuaian antara manajemen                        1. Monitoring and evaluating the conformity between risk management
     risiko dengan pelaksanaan kebijakan Bank.                                               and the implementation of Bank policies.
2. Melakukan pemantauan dan evaluasi pelaksanaan tugas komite                           2. Monitoring and evaluating the implementation of duties of the risk
     manajemen risiko dan satuan kerja manajemen risiko.                                     management committee and risk management unit.
3. Melakukan review pelaksanaan manajemen risiko yang terdiri dari                      3. Reviewing the implementation of risk management, consisting of risk
     laporan profil risiko, laporan tingkat Kesehatan Bank dan laporan terkait               profile reports, Bank sound level reports, and reports related to risk type
     pengelolaan jenis risiko.                                                               management.
4. Memantau kecukupan proses identifikasi, pengukuran, pemantauan,                      4. Monitoring the adequacy of risk identification, measurement, monitoring,
     pengendalian dan sistem informasi manajemen risiko.                                     control, and risk management information system processes.
5. Menyampaikan laporan atas kegiatan Komite Pemantau Risiko kepada                     5. Submitting reports on Risk Monitoring Committee’s activities to the Board
     Dewan Komisaris termasuk laporan yang akan disajikan dalam Laporan                      of Commissioners including reports to be presented in the Bank's Annual
     Tahunan Bank serta laporan atas penugasan yang diberikan oleh Dewan                     Report and reports on assignments given by the Board of Commissioners.
     Komisaris.
6. Memberikan masukan kepada Dewan Komisaris atas hal-hal yang                          6.   Providing input to the Board of Commissioners on matters requiring
     perlu mendapat perhatian terkait penerapan manajemen risiko.                            attention related to risk management implementation.


Penilaian Kinerja Komite Pemantau                                                       Risk Monitoring Committee Performance
Risiko                                                                                  Assessment

Dewan Komisaris melakukan penilaian atas efektivitas kinerja Komite                     The Board of Commissioners evaluates the effectiveness of Risk Monitoring
Pemantau Risiko berdasarkan pencapaian Key Performance Indicator                        Committee's performance based on the achievement of Key Performance
(KPI) berpedoman Piagam Komite Pemantau Risiko. Adapun penilaian                        Indicators (KPIs) in line with the Risk Monitoring Committee Charter. This
kinerja komite ini mengacu kepada hasil self-assessment GCG Bank Raya                   committee’s performance assessment refers to Bank Raya's GCG self-assessment
untuk tahun buku 2025 yang disajikan secara terpisah di bagian akhir dari               results for the 2025 fiscal year, presented separately at the end of the Board
organ pendukung Dewan Komisaris.                                                        of Commissioners’ supporting organs.




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           Ikhtisar Kinerja                             Laporan Manajemen                             Profil Perusahaan                           Tinjauan Pendukung Bisnis
           Performance Highlights                       Management Report                             Company Profile                             Overview of Business Support Units




Penilaian Komite Dewan Komisaris
Assessment of The Board of Commissioners’ Committees


Penilaian Kinerja Komite Dewan                                                                 Performance Assessment of the Board of
Komisaris                                                                                      Commissioners’ Committees

Penilaian kelengkapan dan pelaksanaan tugas komite juga sebagai salah                          The assessment of completeness and implementation of committees’ duties
satu aspek penilaian dalam Self-assessment GCG Bank Raya. Penilaian                            also serves as an assessment aspect of Bank Raya's GCG Self-Assessment.
kelengkapan dan pelaksanaan tugas komite Dewan Komisaris juga                                  The assessment of completeness and implementation of committees’ duties
mencakup governance structure, governance process, dan governance                              by the Board of Commissioners also covers governance structure, governance
outcome yang disajikan berikut ini:                                                            processes, and governance outcomes, as presented below:



 Hasil Penilaian Sendiri (Self-Assessment) Penerapan Tata Kelola Pelaksanaan Tugas dan Tanggung Jawab Komite Dewan Komisaris
 Self-Assessment Results for the Implementation of Governance Implementation of Duties and Responsibilities of the Board of Commissioners' Committees

                                                                                              Definisi Peringkat
                                                                                              Ranking Definition

 Individu                  Secara umum Komite Dewan Komisaris telah melakukan penerapan Tata Kelola yang secara umum baik. Hal ini tercermin dari pemenuhan yang
                           memadai atas prinsip Tata Kelola. Dalam hal terdapat kelemahan penerapan prinsip Tata Kelola, secara umum kelemahan tersebut kurang signifikan
                           dan dapat diselesaikan dengan tindakan normal oleh manajemen Bank.

 Individual                In general, the Board of Commissioners Committee has implemented good corporate governance. This is reflected in the adequate compliance with corporate
                           governance principles. In the event of weaknesses in the implementation of corporate governance principles, these weaknesses are generally minor and can be
                           resolved through normal management actions.


                                                                                       Analisis
                                                                                       Analysis

 KOMITE AUDIT
 AUDIT COMMITTEE
 A.   Governance Structure                                                                   A.    Governance Structure
      1.  Faktor-faktor positif aspek governance structure Komite Audit Bank Raya                  1.  Positive factors in the governance structure of Bank Raya's Audit Committee
          adalah komposisi Komite Audit Bank sesuai dengan ketentuan regulator                         are the composition of the Bank’s Audit Committee in accordance with the
          yang terdiri dari seorang Komisaris Independen, seorang Pihak Independen                     provisions of regulator consisting of an Independent Commissioner, an
          yang ahli di bidang keuangan atau akuntansi dan seorang Pihak Independen                     Independent Party with expertise in finance or accounting, and an Independent
          yang ahli di bidang hukum atau perbankan. Seluruh anggota Komite Audit                       Party with expertise in law or banking. All members of the Audit Committee
          adalah Komisaris Independen sebagai ketua dan Pihak Independen.                              are an Independent Commissioner as Chairperson and an Independent
      2.  Selain itu, anggota komite ini memiliki integritas, akhlak dan moral yang                    Party.
          baik serta dapat dipertanggungjawabkan, dibuktikan dengan tidak adanya                   2.  In addition, the members of this committee have integrity, good morals, ethics
          laporan negatif tentang anggota Komite Audit. Selanjutnya, anggota Komite                    and are accountable, as evidenced by the absence of any negative reports
          Audit bukan merupakan anggota Direksi Bank Raya maupun Bank lain.                            against any Audit Committee member. Furthermore, Audit Committee members
          Pihak Independen anggota Komite tidak memiliki hubungan keuangan,                            are not members of the Board of Directors of Bank Raya or any other bank. The
          kepengurusan, kepemilikan Saham dan/atau hubungan keluarga dengan                            Independent Party members of the Committee do not have any financial,
          Dewan Komisaris, Direksi dan/atau Pemegang Saham Pengendali atau                             managerial, share ownership, or family relationships with the Board of Commissioners,
          hubungan dengan Bank.                                                                        Board of Directors, and/or Controlling Shareholders, or any relationship with the
      3.  Rapat Komite Audit dihadiri oleh mayoritas anggota termasuk Komisaris                        Bank.
          Independen dan Pihak Independen sesuai dengan daftar hadir yang telah                    3.  Audit Committee’s meetings are attended by a majority of members, including
          diadministrasikan.                                                                           the Independent Commissioner and Independent Parties, as recorded in the
                                                                                                       administered attendance list.
      4.      Faktor-faktor negatif aspek governance structure adalah tidak ada.                   4.  Negative factors regarding the governance structure are absent.

 B.   Governance Process                                                                     B.    Governance Process
      1.  Faktor-faktor positif aspek governance process Komite Audit Bank Raya                    1.  Positive factors of the governance process of Bank Raya's Audit Committee
          adalah Komite Audit telah memberikan rekomendasi terkait pemantauan                          are that the Audit Committee has provided recommendation regarding the
          dan evaluasi atas pelaksanaan audit dilakukan dengan rapat secara periodik                   monitoring and evaluation of audit implementation through periodic meetings
          maupun komunikasi lisan/tertulis dengan Kepala IAU dan melakukan evaluasi                    and verbal/written communication with the Head of Internal Audit Unit (IAU)
          atas laporan-laporan IAU yang diterbitkan.                                                   and conducted evaluation of the issued IAU reports.
      2.  Komite Audit juga telah melakukan sejumlah kaji ulang terkait pelaksanaan                2.  The Audit Committee has also conducted several quarterly reviews of the
          tugas IAU per triwulan, kesesuaian pelaksanaan Audit oleh Kantor Akuntan                     implementation of IAU's duties, and compliance of Audit implementation by
          Publik dengan standar audit untuk laporan keuangan tahunan 2023 dan 2024.                    Public Accounting Firm with audit standards for the 2023 and 2024 annual
          Komite ini juga telah melakukan kajian atas pelaksanaan tindak lanjut oleh                   financial statements. The Committee has also reviewed the Board of Directors'
          Direksi atas hasil Temuan IAU, akuntan publik dan hasil pengawasan OJK yang                  follow-up actions on the findings of IAU, the public accountant, and the results
          disampaikan kepada Dewan Komisaris, Pemegang Saham Pengendali, Akuntan                       of OJK supervision submitted to the Board of Commissioners, Controlling
          Publik dan OJK. Selanjutnya, komite tersebut juga telah memberikan rekomendasi               Shareholders, the Public Accountant, and the OJK. Furthermore, the Committee
          usulan pendelegasian wewenang penunjukan Kantor Akuntan Publik (KAP)                         has also recommended the delegation of authority to appoint a Public
          untuk pelaksanaan audit tahunan buku 2025.                                                   Accounting Firm (KAP) for the 2025 annual audit.
      3.  Penyelenggaraan rapat komite telah dilaksanakan sesuai dengan kebutuhan                  3.  The Committee’s meetings have been held in line with the Bank's needs and
          Bank dan sesuai dengan pedoman internal yang berlaku. Rapat Komite                           according to applicable internal guidelines. The Committee’s meetings are
          sebagai salah satu dasar untuk menyusun surat Dewan Komisaris kepada                         one of the bases for drafting letters from the Board of Commissioners to the
          Direksi. Pemilik tidak melakukan intervensi terhadap pelaksanaan tugas                       Board of Directors. The owner does not intervene in the implementation of
          Komite.                                                                                      Committee duties.
      4.  Faktor-faktor negatif aspek governance process Bank adalah tidak ada.                    4.  There are no negative factors in the Bank's governance process.




384 PT Bank Raya Indonesia Tbk
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      Analisis dan Pembahasan Manajemen                           Tata Kelola Perusahaan                          Laporan Keberlanjutan                      Laporan Keuangan Audit
      Management Discussion and Analysis                          Good Corporate Governance                       Sustainability Report                      Audited Financial Report




                                                                                         Analisis
                                                                                         Analysis

KOMITE REMUNERASI DAN NOMINASI
REMUNERATION AND NOMINATION COMMITTEE
A.   Governance Structure                                                                           A.   Governance Structure
     1.  Faktor-faktor positif aspek governance structure Komite Remunerasi dan                     1.   Positive factors in the governance structure of Bank Raya's Remuneration and
         Nominasi Bank Raya adalah komposisi Komite Remunerasi dan Nominasi                              Nomination Committee are the composition of Remuneration and Nomination
         sejalan dengan ketentuan regulator yang terdiri dari seorang Komisaris                          Committee which is in line with the provision of regulator consisting of an
         Independen, seorang Komisaris Non Independen dan seorang Pejabat                                Independent Commissioner, a Non-Independent Commissioner, and an
         Eksekutif. Pejabat Eksekutif tersebut adalah Kepala Divisi Human Capital                        Executive Officer. The Executive Officer is the Head of the Bank's Human
         Bank yang telah memiliki pengetahuan dan mengetahui ketentuan sistem                            Capital Division who has knowledge and is familiar with the provisions of the
         Remunerasi dan/atau Nominasi serta rencana suksesi Bank.                                        Remuneration and/or Nomination system and the Bank's succession plan.
     2.  Komite Remunerasi dan Nominasi Bank Raya diketuai oleh seorong Komisaris                   2.   Bank Raya’s Remuneration and Nomination Committee is chaired by an
         Independen yang secara kumulatif berjumlah 5 (lima) orang. Selanjutnya,                         Independent Commissioner which consists cumulatively of 5 (five) people.
         anggota Komite Pemantau Risiko bukan merupakan anggota Direksi Bank                             Furthermore, the Risk Monitoring Committee members are not the Board of
         Raya maupun Bank lain. Pihak Independen anggota Komite tidak memiliki                           Directors’ members of Bank Raya or any other bank. Independent party of the
         hubungan keuangan, kepengurusan, kepemilikan Saham dan/atau hubungan                            Committee has no financial, management, share ownership, or family relationships
         keluarga dengan Dewan Komisaris, Direksi dan/atau Pemegang Saham                                with the Board of Commissioners, Board of Directors, and/or Controlling
         Pengendali atau hubungan dengan Bank.                                                           Shareholders, or any relationship with the Bank.
     3.  Rapat Komite Remunerasi dan Nominasi dihadiri oleh seluruh anggota                         3.   Remuneration and Nomination Committee’s meetings are attended by all
         termasuk seorang Komisaris Independen dan Pejabat Eksekutif.                                    members, including an Independent Commissioner and an Executive Officer.
     4.  Faktor-faktor negatif aspek governance structure adalah tidak ada.                         4.   There are no negative factors in the governance structure.
B.   Governance Process                                                                        B.   Governance Process
     1.  Faktor-faktor positif aspek governance process Komite Remunerasi dan                       1.  Positive factors in the governance process of Bank Raya's Remuneration and
         Nominasi Bank Raya adalah Komite Remunerasi dan Nominasi telah mengkaji                        Nomination Committee are that the Remuneration and Nomination Committee
         kebijakan remunerasi bagi anggota Dewan Komisaris dan Direksi serta                            has reviewed the remuneration policies for members of the Board of
         Pejabat Eksekutif dan pegawai. Komite ini juga telah menyusun sistem, serta                    Commissioners and Board of Directors, as well as Executive Officers and
         prosedur pemilihan dan/atau penggantian anggota Dewan Komisaris dan                            employees. This committee has also developed system and procedures for
         Direksi. Selain itu, komite ini juga telah memberikan rekomendasi terhadap                     selecting and/or replacing members of the Board of Commissioners and
         Calon Direksi dan Komisaris (baik independen maupun non independen).                           Board of Directors. In addition, this committee has provided recommendations
                                                                                                        for candidates for the Board of Directors and Board of Commissioners (both
                                                                                                        independent and non-independent).
     2.   Pernyelenggaraan rapat komite telah dilaksanakan sesuai dengan kebutuhan                  2.  The convention of Committee’s meetings has been held in accordance with
          Bank dan sesuai dengan pedoman internal yang berlaku. Rapat Komite                            the Bank's needs and in accordance with applicable internal guidelines. The
          sebagai salah satu dasar untuk menyusun surat Dewan Komisaris kepada                          Committee’s meetings are one of the bases for drafting letters from the Board
          Direksi. Pemilik tidak melakukan intervensi terhadap pelaksanaan tugas                        of Commissioners to the Board of Directors. The owner does not intervene in
          Komite.                                                                                       the implementation of Committee duties.
                                                                                                    3.  There are no negative factors in the Bank's governance process.
     3.   Faktor-faktor negatif aspek governance process Bank adalah tidak ada.
KOMITE PEMANTAU RISIKO
RISK MONITORING COMMITTEE
A.   Governance Structure                                                                      A.   Governance Structure
     1.  Faktor-faktor positif aspek governance structure Komite Pemantau Risiko                    1.  Positive factors in the governance structure of Bank Raya's Risk Monitoring
         Bank Raya adalah komposisi Komite Pemantau Risiko sesuai dengan                                Committee are that the composition of the Risk Monitoring Committee in
         ketentuan regulator yang terdiri dari paling sedikit terdiri dari seorang Komisaris            accordance with the provision of regulator, which consists of at least one
         Independen, seorang Pihak Independen yang ahli di bidang keuangan dan                          Independent Commissioner, one Independent Party with expertise in finance,
         seorang Pihak Independen yang ahli di bidang Manajemen Risiko.                                 and one Independent Party with expertise in Risk Management.
     2.  Komite ini diketuai oleh seorang Komisaris Independen. Paling sedikit 51%                  2.  This committee is chaired by an Independent Commissioner. At least 51%
         (lima puluh satu persen) anggota Komite Pemantau risiko adalah Komisaris                       (fifty-one percent) of the Risk Monitoring Committee members are Independent
         Independen dan Pihak Independen. Anggota Komite Pemantau Risiko                                Commissioners and Independent Parties. Risk Monitoring Committee members
         memiliki integritas, akhlak dan moral yang baik.                                               have integrity, good morals, and good character.
     3.  Rapat Komite Pemantau Risiko dihadiri oleh mayoritas anggota termasuk                      3.  Risk Monitoring Committee’s meetings are attended by a majority of members,
         Komisaris Independen dan Pihak Independen sesuai dengan daftar hadir                           including Independent Commissioners and Independent Parties, as determined
         yang telah diadministrasikan.                                                                  by the administered attendance list.
     4.  Faktor-faktor negatif aspek governance structure adalah tidak ada.                         4.  There are no negative factors in the governance structure aspect.

B.   Governance Process                                                                             B.   Governance Process
     1.  Faktor-faktor positif aspek governance process Komite Pemantau Risiko                      1.   Positive factors in the governance process of Bank Raya's Risk Monitoring Committee
         Bank Raya adalah Komite Pemantau Risiko telah memberikan rekomendasi                            are that the Risk Monitoring Committee has provided recommendations to the
         kepada Dewan Komisaris melalui laporan dan rapat dengan Unit Kerja                              Board of Commissioners through reports and meetings with relevant Work Units
         terkait dan ikut menghadiri rapat Direksi dan Komisaris serta rapat Dewan                       and attended the meetings of the Board of Directors and Board of Commissioners,
         Komisaris dengan Divisi.                                                                        as well as the meetings between the Board of Commissioners and Divisions.
     2.  Komite Pemantau Risiko mengevaluasi kebijakan dan pelaksanaan Manajemen                    2.   The Risk Monitoring Committee evaluates the Risk Management policies and
         Risiko yang diwujudkan berupa sejumlah laporan dan rekomendasikan yang                          implementation which are manifested in a number of reports and recommendations
         diberikan setiap triwulan. Penyelenggaraan rapat komite ini dengan Satuan                       submitted quarterly. The convention of this committee’s meeting with the Risk
         Kerja Manajemen Risiko (SKMR) terkait dengan pengendalian internal Bank                         Management Work Unit (SKMR) relates to the Bank's internal control and
         dan pembahasan atas implementasi risiko dan efektivitas BRO.                                    discussions on risk implementation and the effectiveness of BRO.
     3.  Faktor-faktor negatif aspek governance process Bank adalah tidak ada.                      3.   There are no negative factors in the Bank's governance process.
KOMITE AUDIT, KOMITE REMUNERASI DAN NOMINASI, DAN KOMITE PEMANTAU RISIKO
AUDIT COMMITTEE, REMUNERATION AND NOMINATION COMMITTEE, AND RISK MONITORING COMMITTEE
C.   Governance Outcome                                                                        C.   Governance Outcome
     1.  Faktor-faktor positif aspek governance outcome Komite Audit, Komite                        1.  Positive factors in the governance outcome of the Audit Committee, the
         Remunerasi dan Nominasi, dan Komite Pemantau Risiko Bank Raya adalah                           Remuneration and Nomination Committee and the Risk Monitoring Committee
         pembuatan risalah rapat telah didokumentasikan dengan baik termasuk                            of Bank Raya are the well-documented minutes of meetings, including the
         pengungkapan perbedaan pendapat (dissenting opinions) untuk semua                              disclosure of dissenting opinions for all committees of the Board of Commissioners.
         komite Dewan Komisaris.                                                                    2.  The three committees of the Board of Commissioners have carried out their
     2.  Ketiga komite Dewan Komisaris telah menjalankan fungsinya dengan baik                          functions effectively by holding meetings with relevant Work Units and
         yaitu dengan melakukan rapat dengan Unit Kerja terkait dan melaporkannya                       reporting them to the Board of Commissioners, providing recommendations
         kepada Dewan Komisaris, memberikan rekomendasi sesuai tugas dan                                in line with applicable duties and regulations to the Board of Commissioners,
         ketentuan yang berlaku kepada dewan Komisaris serta ikut menghadiri                            and attending monthly meetings of the Board of Directors and Board of
         rapat Direksi dan Komisaris setiap bulan. Hal ini dibuktikan dengan risalah                    Commissioners. This is evidenced by the minutes of meetings of each
         rapat dari masing-masing komite maupun risalah rapat Dewan Komisaris,                          committee, the minutes of meetings of the Board of Commissioners, as well
         Risalah rapat Direksi dan Dewan Komisaris berikut daftar kehadiran dari                        as the minutes of meetings of the Board of Directors and Board of Commissioners,
         setiap rapat dimaksud.                                                                         along with attendance lists for each meeting.
     3.  Faktor-faktor negatif aspek governance process Bank adalah tidak ada                       3.  There are no negative factors in the Bank’s governance process.




                                                                                                         Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                       Annual Report & Sustainability Report        2025 385
Page 386
        Ikhtisar Kinerja                          Laporan Manajemen                  Profil Perusahaan                        Tinjauan Pendukung Bisnis
        Performance Highlights                    Management Report                  Company Profile                          Overview of Business Support Units




Organ Pendukung Direksi
Supporting Organs of the Board of Directors

Struktur Organisasi Direksi
Organizational Structure of the Board of Directors

Organisasi Direksi terdiri dari Direktur Utama dan Direktur-Direktur yang      The Board of Directors organization consists of the President Director and
dibantu oleh Komite di bawah Direksi yang terdiri dari Komite Manajemen        Directors assisted by Committees under the Board of Directors, consisting
Risiko, Asset and Liability Committee (ALCO), Komite Kebijakan Perkreditan,    of the Risk Management Committee, Asset and Liability Committee (ALCO),
Komite Pengarah Teknologi Sistem Informasi, Komite Kredit, dan Komite          Credit Policy Committee, Information System Technology Steering Committee,
Produk. Pembentukan komite-komite tersebut selain dalam rangka membantu        Credit Committee, and Product Committee. The establishment of these
pelaksanaan tugas pengelolaan Bank oleh Direksi juga sebagai bentuk            committees is not only to assist the implementation of the Bank's management
kepatuhan Direksi atas ketentuan yang diatur dalam POJK Penerapan              duties by the Board of Directors but also as a form of compliance by the
Tata Kelola bagi Bank Umum, Anggaran Dasar Bank dan Piagam Direksi             Board of Directors with the provisions stipulated in POJK on the Implementation
yang mewajibkan Direksi untuk membentuk komite paling sedikit Komite           of Governance for Commercial Banks, the Bank's Articles of Association,
Manajemen risiko, Komite Kebijakan Perkreditan, Komite Kredit, dan Komite      and the Board of Directors’ Charter, which require the Board of Directors to
Pengarah Teknologi Sistem Informasi. Selanjutnya, Direksi juga berkewajiban    form committees of at least the Risk Management Committee, Credit Policy
melakukan evaluasi terhadap kinerja komite-komite tersebut sekurang-           Committee, Credit Committee, and Information System Technology Steering
kurangnya pada setiap akhir tahun.                                             Committee. Furthermore, the Board of Directors is also required to evaluate
                                                                               these committees’ performance at least at the end of each year.



                                                                         Direksi
                                                                     Board of Director



                                                                                    Divisi Corporate Secretary & Departemen Hubungan Investor
                                    Komite Manajemen Risiko
                                                                                           Corporate Secretary Division & Investor Relations
                                  Risk Management Committee                                                 Department


                            Komite Pengarah Teknologi Sistem Informasi                            Divisi Legal & Compliance
                        Information Systems Technology Steering Committee                       Legal and Compliance Division


                                                                                                     Audit Internal (SKAI)
                                   Asset & Liability Committee
                                                                                                      Internal Audit Unit


                                         Komite Produk                                        Divisi Enterprise Risk Management
                                       Product Committee                                     Enterprise Risk Management Division


                                          Komite Kredit
                                        Credit Committee


                                 Komite Kebijakan Perkreditan
                                   Credit Policy Committee




Selain itu, sebagai pemenuhan atas ketentuan POJK Penerapan Tata               Furthermore, to comply with the provisions of POJK on the Implementation
Kelola bagi Bank Umum Anggaran Dasar Bank, Direksi Bank Raya juga              of Governance for Commercial Banks and the Bank's Articles of Association,
telah membentuk satuan kerja Sekretaris Perusahaan yang dipimpin oleh          Bank Raya’s Board of Directors has also formed a Corporate Secretary work
pejabat satu tingkat di bawah Direksi yang diatur dalam Piagam Direksi.        unit led by an official of one level below the Board of Directors, as stipulated
Selanjutnya, Bank Raya juga telah membentuk Satuan Kerja Kepatuhan,            in the Board of Directors Charter. Furthermore, Bank Raya has formed a
Satuan Kerja Audit Intern, Satuan Kerja Manajemen Risiko dan satuan kerja      Compliance Work Unit, an Internal Audit Work Unit, a Risk Management
khusus lainnya sesuai dengan ketentuan yang berlaku yang juga dipimpin         Work Unit, and other specific work units, in line with applicable regulations,
oleh pejabat satu tingkat bawah Direksi. Pembentukan berbagai satuan           which are also led by an official of one level below the Board of Directors.
kerja tersebut membutuhkan persetujuan Dewan Komisaris sebagaimana             The formation of these various work units requires the Board of Commissioners’
yang diatur dalam Anggaran Dasar.                                              approval, as stipulated in the Articles of Association.

Penjelasan berikut ini akan menjelaskan satu per satu tentang organ            The following explanation will explain each of the supporting organs of
pendukung Direksi.                                                             the Board of Directors.



Komite Manajemen Risiko
Risk Management Committee
Direksi Bank Raya membentuk Komite Manajemen Risiko untuk menunjang            Bank Raya’s Board of Directors has formed a Risk Management Committee
efektivitas pelaksanaan proses dan sistem Manajemen Risiko. Komite             to support the effective implementation of Risk Management process and
pendukung Direksi ini dibutuhkan sebagai upaya agar pengelolaan seluruh        system. This supporting committee of the Board of Directors is needed as
risiko bisnis Bank dapat dilakukan secara sistematis terintegrasi dan          an effort so that the management of all Bank business risks can be carried
berkesinambungan.                                                              out systematically and sustainably in an integrated manner.




386 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen               Tata Kelola Perusahaan                       Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis              Good Corporate Governance                    Sustainability Report                 Audited Financial Report




Dasar Hukum Pembentukan                                                            Legal Basis for Establishment
Berpedoman ketentuan Anggaran Dasar Bank yang mewajibkan                           Based on the provisions of the Bank's Articles of Association which require
pembentukan Komite Manajemen Risiko, Bank Raya telah membentuk                     the establishment of a Risk Management Committee, Bank Raya has formed
Komite Manajemen Risiko yang ditetapkan melalui Keputusan Direksi No.              a Risk Management Committee, which was established through Board of
Kpts: B.463/DIR.01.04/ERM/12/2024 tanggal 19 Desember 2024 perihal                 Directors’ Decision No. Kpts: B.463/DIR.01.04/ERM/12/2024 dated December
Komite Manajemen Risiko (Risk Management Committee).                               19, 2024, on the Risk Management Committee.


Tugas dan Tanggung Jawab Komite                                                    Duties and Responsibilities of the Risk
Manajemen Risiko                                                                   Management Committee

Komite Manajemen Risiko memiliki tugas dan tanggung jawab memberikan               The Risk Management Committee has the duties and responsibilities to
rekomendasi kepada Direksi dalam menyusun Kebijakan Umum Manajemen                 provide recommendations to the Board of Directors in preparing the Bank's
Risiko Bank, mengkaji kebijakan dan mengusulkan kepada Dewan                       General Risk Management Policy, reviewing policies, and proposing to the
Komisaris untuk mendapatkan persetujuan. Komite ini juga bertugas                  Board of Commissioners for approval. This committee is also tasked with
untuk memberikan rekomendasi kepada Direksi dalam menyusun strategi                providing recommendations to the Board of Directors in preparing risk
manajemen risiko termasuk penetapan limit dan pedoman pelaksanaan                  management strategies including setting limits and guidelines for
manajemen risiko.                                                                  implementing risk management.

Selain itu, Komite Manajemen Risiko melakukan penyempurnaan proses                 Furthermore, the Risk Management Committee periodically improves the
manajemen risiko secara berkala sesuai dengan perubahan kondisi                    risk management process in line with changes in external and internal
eksternal, internal ataupun berdasarkan hasil evaluasi terhadap efektivitas        conditions, or based on the evaluation results of effectiveness of risk
pelaksanaan manajemen risiko yang berpengaruh terhadap kecukupan                   management implementation that affect capital adequacy and the Bank's
modal dan tingkat kesehatan bank. Tugas lainnya adalah terkait penetapan           soundness level. Other tasks are related to determining matters related to
hal-hal yang terkait dengan keputusan bisnis yang menyimpang dari                  business decisions that deviate from normal procedures (irregularities),
prosedur normal (irregularities), antara lain pelampauan ekspansi usaha            including significant business expansion exceedances compared to the
yang signifikan dibandingkan dengan rencana bisnis bank tahun berjalan,            Bank's current year business plan, taking risk exposures that deviate from
pengambilan eksposur risiko yang menyimpang dari limit yang telah                  the established limits, changes in business procedures that increase risk
ditetapkan, perubahan prosedur bisnis yang bersifat menambah risiko dan            and others.
lainnya.

Terakhir, Komite Manajemen Risiko bertugas untuk memantau, mengevaluasi            Finally, the Risk Management Committee is tasked with monitoring, evaluating,
dan menilai hal-hal terkait dengan: a. perkembangan komposisi profil               and assessing matters related to: a. development of the Bank's portfolio
risiko dalam portofolio Bank, b. penetapan dan monitoring hasil pelaksanaan        risk profile composition, b. determination and monitoring of the implementation
limit yang bersifat enterprise wide, c. kecukupan permodalan bank terhadap         of enterprise-wide limits, c. bank's capital adequacy against risk exposure
risk exposure sesuai regulasi yang berlaku, d. efektivitas pelaksanaan dan         according to applicable regulations, d. effectiveness of implementation
tindak lanjut perbaikan parameter yang masih berisiko, e. Perkembangan             and follow-up to improve parameters that are still at risk, e. Development
aspek yang menjadi tolak ukur tingkat kesehatan bank berbasis risiko yaitu         of aspects that are benchmarks for the bank’s sound level based on risk,
rentabilitas, kecukupan permodalan dan tata kelola perusahaan yang                 namely profitability, capital adequacy and good corporate governance,
baik, dan f. review risk appetite statement (RAS).                                 and f. review of the risk appetite statement (RAS).


Komposisi Komite Manajemen Risiko                                                  Composition of the Risk Management
                                                                                   Committee
Bank Raya menetapkan komposisi dan susunan keanggotaan Komite                      Bank Raya determines the composition and membership structure of the
Manajemen Risiko berdasarkan Keputusan Direksi tersebut yang terdiri               Risk Management Committee based on the Board of Directors' Decision,
dari:                                                                              which consists of:


                        Posisi                                                                          Jabatan
                       Position                                                                         Position

 Pembina Komite                                      Direktur Utama
 Committee Advisor                                   President Director
 Ketua Komite                                        Direktur Manajemen Risiko, Kepatuhan, dan Sumber Daya Manusia
 Committee Chairperson                               Director of Enterprise Risk Management, Compliance, and Human Resources
 Wakil Ketua 1 dan 2 Komite                          Direktur pengganti Direktur Manajemen Risiko, Kepatuhan, dan Sumber Daya Manusia sesuai ketentuan yang berlaku
                                                     beserta perubahannya

 Deputy Chairmen 1 and 2 of the Committee            Replacement Director for the Director of Enterprise Risk Management, Compliance and Human Resources in line with
                                                     applicable provisions and amendments thereto
 Sekretaris Komite                                   Kepala Divisi Enterprise Risk Management
 Committee Secretary                                 Head of Enterprise Risk Management Division
 Anggota Tetap dengan Hak Suara                      Seluruh Direksi & SEVP
 Permanent Members with Voting Rights                All Directors & SEVPs




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        Ikhtisar Kinerja                             Laporan Manajemen                          Profil Perusahaan                     Tinjauan Pendukung Bisnis
        Performance Highlights                       Management Report                          Company Profile                       Overview of Business Support Units




                            Posisi                                                                               Jabatan
                           Position                                                                              Position

 Anggota Tetap tanpa Hak Suara                            •    Divisi Digital Operation
                                                          •    Divisi Application, Strategy & Architecture
                                                          •    Divisi IT Infrastructure & Operation Excellence
                                                          •    Divisi Commercial Business
                                                          •    Divisi Digital Sales & Partnership
                                                          •    Divisi Regional Business Office
                                                          •    Divisi Treasury
                                                          •    Divisi Change Management
                                                          •    Divisi Human Capital
                                                          •    Divisi Legal & Compliance
                                                          •    Divisi Recovery & Remedy
                                                          •    Divisi Corporate Secretary

 Permanent Members without Voting Rights                  •    Digital Operations Division
                                                          •    Application, Strategy & Architecture Division
                                                          •    IT Infrastructure & Operation Excellence Division
                                                          •    Commercial Business Division
                                                          •    Digital Sales & Partnership Division
                                                          •    Regional Business Office Division
                                                          •    Treasury Division
                                                          •    Change Management Division
                                                          •    Human Capital Division
                                                          •    Legal & Compliance Division
                                                          •    Recovery & Remedy Division
                                                          •    Corporate Secretary Division
 Anggota Tidak Tetap                                      •    Desk Enterprise Data Management
                                                          •    Desk Credit Operation
                                                          •    Desk Digital & Product Development
                                                          •    Desk Procedure & Policy
                                                          •    Desk Credit Risk Analysis
                                                          •    Internal Audit

 Non-Permanent Members                                    •    Desk Enterprise Data Management
                                                          •    Desk Credit Operation
                                                          •    Desk Digital & Product Development
                                                          •    Desk Procedure & Policy
                                                          •    Desk Credit Risk Analysis
                                                          •    Internal Audit
 Pelaksana tugas RMC dikoordinasikan oleh Divisi Enterprise Risk Management
 The RMC task force is coordinated by the Enterprise Risk Management Division.
 Divisi Enterprise Risk Management bertanggung jawab mengelola administrasi dan persiapan RMC termasuk berkoordinasi baik dengan seluruh unit kerja di Kantor Pusat.
 The Enterprise Risk Management Division is responsible for managing the administration and preparation of RMC, including coordinating well with all work units at the Head
 Office.




Rapat Komite Manajemen Risiko                                                            Risk Management Committee Meetings
Penyelenggaraan rapat Komite Manajemen Risiko selama tahun buku                          The Risk Management Committee held 4 (four) meetings during the 2025
2025 adalah sebanyak 4 (empat) kali dengan agenda sebagai berikut:                       fiscal year, with the following agenda:


                          Tanggal                                                                          Agenda
  No
                           Date                                                                            Agenda

 1       21 Januari 2025                        1.   Monitoring Rekomendasi RMC Q3 2024
                                                2.   Monitoring RAS & Trigger Level Recovery Plan
                                                3.   Profil Risiko Q4 2024
                                                4.   Usulan Parameter Profil dan Parameter Aspek Rentabilitas
                                                5.   Tingkat Kesehatan Bank Semester II 2024
                                                6.   Usulan RAS 2025
                                                7.   Stress Test Q4 2024

         January 21, 2025                       1.   Monitoring of RMC Recommendations Q3 2024
                                                2.   Monitoring of RAS & Trigger Level Recovery Plan
                                                3.   Risk Profile Q4 2024
                                                4.   Proposed Profile Parameters and Profitability Aspect Parameters
                                                5.   Bank Soundness Level Semester II 2024
                                                6.   Proposed RAS 2025
                                                7.   Stress Test Q4 2024
 2       24 April 2025                          1.   Monitoring Rekomendasi RMC Q4 2024
                                                2.   Monitoring RAS & Trigger Level Recovery Plan
                                                3.   Profil Risiko Q1 2025
                                                4.   Monitoring Aspek Tingkat Kesehatan Bank Q1 2025
                                                5.   Stress Test Q1 2025
                                                6.   Update Risk Issue

         April 24, 2025                         1.   Monitoring RMC Recommendations Q4 2024
                                                2.   Monitoring RAS & Trigger Level Recovery Plan
                                                3.   Risk Profile Q1 2025
                                                4.   Monitoring Bank Soundness Level Aspects Q1 2025
                                                5.   Stress Test Q1 2025
                                                6.   Risk Issue Update




388 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                      Tata Kelola Perusahaan                           Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis                     Good Corporate Governance                        Sustainability Report                 Audited Financial Report




                         Tanggal                                                                               Agenda
  No
                          Date                                                                                 Agenda

 3       17 Juli 2025                           1.    Monitoring Rekomendasi RMC Q1 2025
                                                2.    Monitoring RAS & Trigger Level Recovery Plan
                                                3.    Profil Risiko Q2 2025
                                                4.    Tingkat Kesehatan Bank SM 1 2025
                                                5.    Stress Test Q2 2025

         July 17, 2025                          1.    Monitoring of RMC Recommendations Q1 2025
                                                2.    Monitoring of RAS & Trigger Level Recovery Plan
                                                3.    Risk Profile Q2 2025
                                                4.    Bank Soundness Level SM 1 2025
                                                5.    Stress Test Q2 2025
 4       13 Oktober 2025                        1.    Monitoring Rekomendasi RMC Q2 2025
                                                2.    Monitoring RAS & Trigger Level Recovery Plan
                                                3.    Usulan Limit, Parameter Profil Risiko dan Aspek TKB
                                                4.    Profil Risiko Q3 2025
                                                5.    Monitoring Aspek Tingkat Kesehatan Bank Q3 2025

         October 13, 2025                       1.    Monitoring of RMC Recommendations Q2 2025
                                                2.    Monitoring of RAS & Trigger Level Recovery Plan
                                                3.    Proposed Limits, Risk Profile Parameters, and TKB Aspects
                                                4.    Risk Profile Q3 2025
                                                5.    Monitoring of Bank Soundness Aspects Q3 2025



Pengembangan Kompetensi Komite                                                             Risk Management Committee’s
Manajemen Risiko                                                                           Competency Development

Komite Manajemen Risiko berkomitmen terhadap program pelatihan dan                         The Risk Management Committee is committed to the training and
pengembangan kompetensi yang disediakan oleh Bank Raya baik yang                           competency development programs both organized by Bank Raya internally
diselenggarakan oleh internal Bank atau pihak eksternal. Komitmen tersebut                 or by external parties. This commitment was actualized through participation
diwujudkan dengan partisipasi terhadap sejumlah program pelatihan dan                      in a number of training and competency development programs throughout
pengembangan kompetensi yang diikuti sepanjang tahun 2025 sebagai                          2025, as follows:
berikut:


                 Jenis Pelatihan                           Materi Pendidikan dan Pelatihan                              Tempat dan Waktu                     Penyelenggara
                Types of Training                          Education and Training Materials                               Place and Time                       Organizer

 Sertifikasi Kompetensi Kerja di sektor perbankan    Seminar Refresher Program Sertifikat Manajemen       Online Training, 23 Mei 2025                     BARa
 (SKKNI)                                             Risiko Jenjang 6 & 7

 Banking Sector Work Competency Certification        Risk Management Certificate Program Refresher        Online Training, May 23, 2025
 (SKKNI)                                             Seminar Levels 6 & 7
 Sertifikasi Kompetensi Kerja di sektor perbankan    Program Mandatory Refreshment Sertifikasi            Auditorium Rachmat Saleh LPPI, 13 November       LPPI
 (SKKNI)                                             Manajemen Risiko Jenjang 6 Bagi Komisaris            2025
                                                     Bank Raya

 Banking Sector Work Competency Certification        Mandatory Refreshment Program for Risk               Rachmat Saleh Auditorium, LPPI, November 13,
 (SKKNI)                                             Management Certification Level 6 for Bank Raya’s     2025
                                                     Commissioners
 Peningkatan Kompetensi Lainnya                      Seminar Perlindungan Data Pribadi                    Hybrid Training, 6 Februari 2025                 Bank Raya
 Other Competency Enhancement                        Personal Data Protection Seminar                     Hybrid Training, February 6, 2025




Pelaksanaan Tugas Komite Manajemen                                                         Implementation of the Risk Management
Risiko                                                                                     Committee's Duties

Komite Manajemen Risiko telah menjalankan tugas dan tanggung jawabnya                      The Risk Management Committee has carried out its duties and responsibilities
dalam berbagai kegiatan untuk mendukung pengelolaan Bank selama                            in various activities to support the Bank's management throughout 2025,
tahun 2025 sebagai berikut:                                                                as follows:
1. Memberikan rekomendasi kepada Direksi dalam menyusun kebijakan                          1. Providing recommendations to the Board of Directors in developing
    umum manajemen risiko Bank, review kebijakan dan mengusulkan                                the Bank's general risk management policy, reviewing the policy, and
    kepada Dewan Komisaris untuk mendapatkan persetujuan.                                       proposing it to the Board of Commissioners for approval.
2. Memberikan rekomendasi kepada Direksi dalam menyusun strategi                           2. Providing recommendations to the Board of Directors in developing
    manajemen risiko termasuk penetapan limit dan pedoman pelaksanaan                           risk management strategies, including establishing limits and guidelines
    manajemen risiko.                                                                           for implementing risk management.
3. Melakukan penyempurnaan proses manajemen risiko secara berkala                          3. Periodically refining the risk management process in accordance with
    sesuai dengan perubahan kondisi eksternal, internal ataupun                                 changing external and internal conditions, as well as based on the
    berdasarkan hasil evaluasi terhadap efektivitas pelaksanaan manajemen                       evaluation results of the effectiveness of risk management implementation
    risiko yang berpengaruh terhadap kecukupan permodalan dan Tingkat                           that affect capital adequacy and the Bank's Soundness Level.
    Kesehatan Bank.




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        Ikhtisar Kinerja                        Laporan Manajemen                    Profil Perusahaan                     Tinjauan Pendukung Bisnis
        Performance Highlights                  Management Report                    Company Profile                       Overview of Business Support Units




4.   Memantau, mengevaluasi dan menilai hal-hal sebagai berikut:               4.   Monitoring, evaluating, and assessing the following:
     a. Perkembangan komposisi profil risiko dalam portofolio bank.                 a. Development of risk profile composition within the bank's portfolio.
     b. Penetapan dan monitoring hasil pelaksanaan limit yang bersifat              b. Determination and monitoring of the results of applying enterprise-
          enterprise wide.                                                               wide limits.
     c. Kecukupan permodalan Bank terhadap risk exposure sesuai                     c. Adequacy of the Bank's capital to risk exposure in line with
          regulasi yang berlaku.                                                         applicable regulations.
     d. Efektivitas pelaksanaan dan tindak lanjut perbaikan parameter               d. Effectiveness of implementation and follow-up actions for
          yang masih berisiko.                                                           improvements to parameters that remain at risk.
     e. Perkembangan aspek yang menjadi tolak ukur tingkat kesehatan                e. Development of aspects that serve as benchmarks for risk-based
          bank berbasis risiko yaitu rentabilitas, kecukupan permodalan                  bank soundness, which are profitability, capital adequacy, and
          dan tata kelola perusahaan yang baik.                                          good corporate governance.
     f.   Review Risk Appetite Statement (RAS).                                     f.   Review the Risk Appetite Statement (RAS).
5.   Penetapan hal-hal yang terkait dengan keputusan bisnis yang               5.   Determining matters related to business decisions that deviate from
     menyimpang dari prosedur normal (irregularities) antara lain pelampauan        normal procedures (irregularities), including significant business
     ekspansi usaha yang signifikan dibandingkan dengan Rencana Bisnis              expansion exceeding the Bank's Business Plan for the current year,
     Bank tahun berjalan, pengambilan eksposur risiko yang menyimpang               taking risk exposures that deviate from the established limits, changes
     dari limit yang ditetapkan, perubahan prosedur bisnis yang bersifat            in business procedures that increase risk and others.
     menambah risiko dan lainnya.



Asset and Liability Committee (ALCO)
Asset and Liability Committee (ALCO)
Pembentukan Asset and Liability Committee (ALCO) oleh Direksi Bank             The establishment of Asset and Liability Committee (ALCO) by Bank Raya’s
Raya bertujuan untuk membantu Direksi dalam hal penyusunan dan                 Board of Directors of is intended to assist the Board of Directors in preparing
penetapan kebijakan aset (assets) dan kewajiban (liabilities) berikut          and determining asset and liability policies, including the determination of
penetapan tarif Fund Transfer Price (FTP) Bank secara terpadu dengan           the Bank's Fund Transfer Price (FTP) tariff in an integrated manner while
tetap memperhatikan prinsip kehati-hatian dan ketentuan perundang-             still considering the principles of prudence and applicable laws and
undangan yang berlaku.                                                         regulations.


Dasar Hukum Pembentukan                                                        Legal Basis for Establishment
Sebagaimana yang diamanatkan di Anggaran Dasar dan Pedoman GCG                 As mandated in the Articles of Association and GCG Guidelines, the Board
Bank Raya, Direksi telah membentuk dan memiliki Komite ALCO. Pembentukan       of Directors has formed and owns an ALCO Committee. The establishment
Komite ALCO ditetapkan melalui Keputusan Direksi Nomor SK B.549/               of ALCO Committee was stipulated under the Board of Directors’ Decision
DIR.02.05/PCP/10/2022 tanggal 28 Oktober 2022.                                 Number SK B.549/DIR.02.05/PCP/10/2022 dated October 28, 2022.


Tugas dan Tanggung Jawab Asset and                                             Duties and Responsibilities of the Asset
Liability Committee (ALCO)                                                     and Liability Committee (ALCO)
Asset & Liability Committee memiliki tugas dan tanggung jawab sebagai          The Asset & Liability Committee has the following duties and responsibilities:
berikut:
1. Asset and Liability Committee (ALCO) memiliki tugas dan tanggung            1.   The Asset and Liability Committee (ALCO) has the following duties
     jawab sebagai berikut:                                                         and responsibilities:
     a. Mengoptimalkan struktur neraca Bank Raya dan mengelolanya                   a. Optimizing Bank Raya's balance sheet structure and managing
         sejalan dengan kebijakan risiko yang direkomendasikan sesuai                   it in line with recommended risk policies pursuant to applicable
         ketentuan yang berlaku serta proyeksi masa mendatang terhadap                  regulations and future projections regarding changes in economic
         perubahan dalam kondisi ekonomi, peraturan eksternal dan                       conditions, external regulations, and competition levels;
         tingkat kompetisi;
     b. Melakukan evaluasi kinerja keuangan perusahaan serta menetapkan             b.   Evaluating the Company's financial performance and determining
         strategi dan kebijakan pengelolaan aset, liabilitas dan modal                   optimum assets, liability, and capital management strategies and
         yang optimum dengan memperhatikan central risk, optimum                         policies, by considering central risk, optimum yield generation,
         yield generation dan cost efficiency;                                           and cost efficiency;
     c. Menetapkan suku bunga simpanan, suku bunga pinjaman, Fund                   c.   Determining deposit interest rates, loan interest rates, Fund Transfer
         Transfer Price (FTP) dan pricing lainnya yang berdampak langsung                Prices (FTP), and other pricing that has a direct impact on achieving
         pada pencapaian Net Interest Income (NII);                                      Net Interest Income (NII);
     d. Menetapkan kewenangan pejabat pemutus dalam memutus                         d.   Determining the authority of decision-making officials in deciding
         suku bunga khusus simpanan, pinjaman dan/atau produk Bank                       specific interest rates for deposits, loans, and/or other bank products;
         Lainnya;
     e. Menentukan kebijakan Net Open Position (NOP);                               e.  Determining the Net Open Position (NOP) policy;
     f.  Menentukan kebijakan hedging atas posisi Bank apabila diperlukan;          f.  Determining hedging policies for the Bank's positions, if necessary;
     g. Memonitor bahwa pengelolaan asset and liability di perusahaan               g.  Monitoring that asset and liability management in the Company
         dilaksanakan sesuai dengan hasil putusan Rapat ALCO.                           is carried out in line with ALCO’s meeting decisions.
2. Bagian Balance Sheet Management, Divisi Treasury sebagai ALCO               2.   The Balance Sheet Management Section, Treasury Division, as ALCO
     Supporting memiliki tugas dan tanggung jawab sebagai berikut:                  Supporting has the following duties and responsibilities:
     a. Melakukan analisa dan menyusun rekomendasi strategi pengelolaan             a. Conducting analysis and preparing recommendations for optimal
         asset and liability yang optimal untuk dapat diputuskan oleh Asset             asset and liability management strategies to be decided by the
         and Liability Committee (ALCO) dengan mengacu kepada target                    Asset and Liability Committee (ALCO) with reference to the
         kinerja perusahaan.                                                            Company's performance targets;



390 PT Bank Raya Indonesia Tbk
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         Management Discussion and Analysis               Good Corporate Governance                   Sustainability Report                 Audited Financial Report




    b.    Menyusun dan mengembangkan skenario tingkat suku bunga                         b.     Preparing and developing interest rate scenarios for savings, loans,
          simpanan, pinjaman dan produk Bank lainnya;                                           and other Bank products;
    c.    Bersama dengan satuan kerja terkait, melakukan analisa dan                     c.     Together with related work units, conducting analysis and preparing
          menyusun rekomendasi alternatif dalam penetapan harga/pricing                         alternative recommendations in determining prices/ pricing in
          sesuai dengan perkembangan suku bunga pasar dan kondisi                               accordance with market interest rate developments and
          makro ekonomi;                                                                        macroeconomic conditions;
    d.    Bersama dengan Satuan kerja terkait, menyusun funding mix                      d.     Together with related work units, preparing a funding mix strategy
          strategy berdasarkan rencana kerja dan anggaran (RKA) Bank,                           based on the Bank's work plan and budget (RKA), market conditions,
          kondisi di pasar dan/ atau acuan lainnya;                                             and/or other Net references;
    e.    Melakukan analisa dan monitoring terhadap Net Open Position (NOP);             e.     Conducting Analysis and monitoring of Net Open Position (NOP);
    f.    Melakukan analisa dan menyediakan data sesuai kebutuhan ALCO;                  f.     Conducting analysis and providing data according to ALCO needs;
    g.    Mengkoordinir penyelenggaraan Rapat ALCO sesuai dengan                         g.     Coordinating the implementation of ALCO Meetings in accordance
          ketentuan dan rencana kerja yang ditetapkan;                                          with the provisions and work plans set;
    h.    Mendistribusikan dan mengadministrasikan hasil putusan Rapat                   h.     Distributing and administering the results of ALCO Meeting decisions
          ALCO serta melakukan monitoring tindak lanjut dari Satuan Kerja                       and monitoring follow-up actions from related Work Units.
          yang terkait.


Komposisi Komite ALCO                                                                ALCO Committee’s Composition
Bank Raya menetapkan komposisi dan susunan keanggotaan Komite                        Bank Raya determines the composition and membership of the ALCO
ALCO berdasarkan Keputusan Direksi tersebut yang terdiri dari:                       Committee based on the Board of Directors' Decision, which consists of:


                        Posisi                                                                            Jabatan
                       Position                                                                           Position

 Ketua                                                Direktur Utama
 Chairman                                             President Director
 Ketua Pengganti I                                    Direktur Keuangan
 Alternate Head I                                     Director of Finance
 Ketua Pengganti II                                   Direktur Bisnis
 Alternate Head II                                    Director of Business
 Ketua Pengganti III                                  Direktur Digital & Operasional
 Alternate Head III                                   Director of Digital & Operations
 Sekretaris (Merangkap Anggota)                       Kepala Divisi Treasury
 Secretary (Serving Concurrently Member)              Head of Treasury Division
 Anggota Tetap Dengan Hak Suara                       •     Kepala Divisi Commercial Bisnis
                                                      •     Kepala Divisi Recovery & Remedy
                                                      •     Kepala Divisi Credit Operation
                                                      •     Kepala Desk Credit Sales & Partnership
                                                      •     Kepala Divisi Digital Operation
                                                      •     Kepala Divisi Regional Business Office
                                                      •     Kepala Divisi Finance & Asset Management
                                                      •     Kepala Divisi Change Management
                                                      •     Kepala Divisi Digital & Product Development
                                                      •     Kepala Divisi Enterprise Risk Management
                                                      •     Kepala Divisi Corporate Secretary
                                                      •     Kepala Desk Credit Risk Analysis

 Permanent Members with Voting Rights                 •     Head of Commercial Business Division
                                                      •     Head of Recovery & Remedy Division
                                                      •     Head of Credit Operations Division
                                                      •     Head of Credit Sales & Partnership Desk
                                                      •     Head of Digital Operations Division
                                                      •     Head of Regional Business Office Division
                                                      •     Head of Finance & Asset Management Division
                                                      •     Head of Change Management Division
                                                      •     Head of Digital & Product Development Division
                                                      •     Head of Enterprise Risk Management Division
                                                      •     Head of Corporate Secretary Division
                                                      •     Head of Credit Risk Analysis Desk
 Anggota Tetap Tanpa Hak Suara                        •     Direktur MR, Kepatuhan, dan SDM
                                                      •     SEVP Credit Risk & Recovery
                                                      •     Kepala Divisi Corporate Secretary
                                                      •     Kepala Divisi Legal & Compliance
                                                      •     Kepala Desk Procedure & Policy

 Permanent Members Without Voting Rights              •     Director of Enterprise Risk Management, Compliance, & Human Resources
                                                      •     SEVP Credit Risk & Recovery
                                                      •     Head of Corporate Secretary Division
                                                      •     Head of Legal &Compliance Division
                                                      •     Head of Procedure & Policy Desk
 ALCO Supporting                                      Bagian Balance Sheet Management, Divisi Treasury
 ALCO Supporting                                      Balance Sheet Management Section, Treasury Division
 Anggota Tambahan                                     Kepala Satuan Kerja Bank Raya di luar Anggota Tetap dengan Hak Suara dan/atau tanpa Hak Suara dapat sewaktu-
                                                      waktu diikutsertakan dalam ALCO sesuai dengan kebutuhan

 Additional Members                                   Head of Bank Raya’s Work Units other than Permanent Members with Voting Rights and/or without Voting Rights
                                                      may at any time be included in ALCO as needed.




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           Ikhtisar Kinerja                             Laporan Manajemen                        Profil Perusahaan                         Tinjauan Pendukung Bisnis
           Performance Highlights                       Management Report                        Company Profile                           Overview of Business Support Units




Rapat Komite ALCO                                                                          ALCO Committee Meetings
Komite ALCO menyelenggarakan rapat sebanyak 13 (tiga belas) kali untuk                     The ALCO Committee held 13 (thirteen) meetings for the 2025 fiscal year,
tahun buku 2025 dengan rincian agenda sebagai berikut:                                     with the following agenda details:


                                     Tanggal                                                                       Agenda
     No
                                      Date                                                                         Agenda

 1          Selasa, 7 Januari 2025                                   ALCO Terbatas Januari 2025 - SBDK Publikasi Januari 2025
            Tuesday, January 7, 2025                                 Limited ALCO January 2025 - Published Prime Lending Rate January 2025
 2          Senin, 13 Januari 2025                                   ALCO Januari 2025
            Monday, January 13, 2025                                 ALCO January 2025
 3          Rabu, 12 Februari 2025                                   ALCO Februari 2025
            Wednesday, February 12, 2025                             ALCO February 2025
 4          Rabu, 12 Maret 2025                                      ALCO Maret 2025
            Wednesday, March 12, 2025                                ALCO March 2025
 5          Rabu, 16 April 2025                                      ALCO April 2025
            Wednesday, April 16, 2025                                ALCO April 2025
 6          Rabu, 19 Mei 2025                                        ALCO Mei 2025
            Wednesday, May 19, 2025                                  ALCO May 2025
 7          Rabu, 12 Juni 2025                                       ALCO Juni 2025
            Wednesday, June 12, 2025                                 ALCO June 2025
 8          Senin, 14 Juli 2025                                      ALCO Juli 2025
            Monday, July 14, 2025                                    ALCO July 2025
 9          Selasa, 12 Agustus 2025                                  ALCO Agustus 2025
            Tuesday, August 12, 2025                                 ALCO August 2025
 10         Selasa, 16 September 2025                                ALCO September 2025
            Tuesday, September 16, 2025                              ALCO September 2025
 11         Selasa, 14 Oktober 2025                                  ALCO Oktober 2025
            Tuesday, October 14, 2025                                ALCO October 2025
 12         Selasa, 11 November 2025                                 ALCO November 2025
            Tuesday, November 11, 2025                               ALCO November 2025
 13         Rabu, 10 Desember 2025                                   ALCO Desember 2025
            Wednesday, December 10, 2025                             ALCO December 2025



Pengembangan Kompetensi Komite                                                             ALCO Committee’s Competency
ALCO                                                                                       Development
Bank Raya memberikan kesempatan kepada Komite ALCO untuk mengikuti                         Bank Raya provides ALCO Committee with the opportunity to participate
program pelatihan dan pengembangan kompetensi, baik yang                                   in training and competency development programs, both organized by
diselenggarakan oleh internal Bank atau yang diselenggarakan oleh pihak                    the Bank internally or by external parties. The training and competency
eksternal. Selama tahun 2025, beragam program pelatihan dan                                development programs participated in by ALCO Committee are as follows:
pengembangan kompetensi yang diikuti oleh Komite ALCO adalah sebagai
berikut:


           Jenis Pelatihan                            Materi Pendidikan dan Pelatihan                              Tempat dan Waktu                        Penyelenggara
          Types of Training                           Education and Training Materials                               Place and Time                          Organizer

 Pelatihan Analisis Efek Utama        1.    Kode Etik dan Pengetahuan Pasar Modal                      Online, 05 Juli – 30 Agustus 2025                CSA Institute
 dan Certified Securities Analyst     2.    Analisa Ekonomi
 (CSA)                                3.    Analisa Fundamental
                                      4.    Behavioral Finance
                                      5.    Analisa Ekuitas
                                      6.    Analisa Valuasi
                                      7.    Analisa Pendapatan Tetap
                                      8.    Analisa Teknikal
                                      9.    Analisa Modeling Keuangan
                                      10.   Publish Research
                                      11.   Media Massa
                                      12.   Management Data Research

 Training on Primary Securities       1.    Code of Conduct and Capital Market Knowledge               Online, July 5 – August 30, 2025
 Analysis and Certified Securities    2.    Economic Analysis
 Analyst (CSA)                        3.    Fundamental Analysis
                                      4.    Behavioral Finance
                                      5.    Equity Analysis
                                      6.    Valuation Analysis
                                      7.    Fixed Income Analysis
                                      8.    Technical Analysis
                                      9.    Financial Modeling Analysis
                                      10.   Published Research
                                      11.   Mass Media
                                      12.   Management Data Research




392 PT Bank Raya Indonesia Tbk
Page 393
       Analisis dan Pembahasan Manajemen                    Tata Kelola Perusahaan                        Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis                   Good Corporate Governance                     Sustainability Report                 Audited Financial Report




        Jenis Pelatihan                         Materi Pendidikan dan Pelatihan                                   Tempat dan Waktu                       Penyelenggara
       Types of Training                        Education and Training Materials                                    Place and Time                         Organizer

 Financial Statement Analysis   1.   Laporan keuangan: Neraca, Laba Rugi, dan Arus Kas                Jakarta, 03 Desember 2025 - 04 Desember         PPM Manajemen
                                2.   Analisis Rasio                                                   2025
                                3.   Analisis Arus Kas
                                4.   Analisis Kebangkrutan dan rating
                                5.   Creative Accounting

 Financial Statement Analysis   1.   Financial Statements: Balance Sheet, Profit and Loss, and Cash   Jakarta, December 3, 2025 - December 4, 2025
                                     Flow
                                2.   Ratio Analysis
                                3.   Cash Flow Analysis
                                4.   Bankruptcy and Rating Analysis
                                5.   Creative Accounting
 Refreshment basic treasury     1.   Transaksi money market                                           Online, 13 September 2025                       ACI Financial Market
                                2.   Transaksi fixed income                                                                                           Association
                                3.   Transaksi foreign exchange
                                4.   Transaksi derivative
                                5.   Jasa perantara oleh pialang pasar uang

 Refreshment on Basic           1.   Money Market Transactions                                        Online, September 13, 2025
 Treasury                       2.   Fixed Income Transactions
                                3.   Foreign Exchange Transactions
                                4.   Derivative Transactions
                                5.   Brokerage Services by Money Market Brokers




Pelaksanaan Tugas Komite ALCO                                                            Implementation of the ALCO Committee's
                                                                                         Duties
Komite ALCO telah menjalankan tugas dan tanggung jawabnya selama                         ALCO Committee carried out its duties and responsibilities in 2025 consisting
tahun 2025 yang terdiri dari pembahasan strategi dan kebijakan dalam                     of discussion on strategies and policies for managing the Bank's assets and
pengelolaan asset and liability Bank, yang terkait dengan:                               liabilities, related to:
1. Perkembangan kinerja Bank.                                                            1. The Bank's performance development.
2. Komposisi dan pertumbuhan portofolio Bank.                                            2. The Bank's portfolio composition and growth.
3. Alokasi aset produktif, diversifikasi funding, dan capital management.                3. Allocation of productive assets, funding diversification, and capital
                                                                                               management.
4.   Pengelolaan risiko.                                                                 4. Risk management.
5.   Suku bunga simpanan, suku bunga pinjaman, Suku Bunga Dasar Kredit                   5. Deposit interest rates, loan interest rates, Prime Lending Rate (SBDK),
     (SBDK), Fund Transfer Price (FTP), dan pricing lainnya                                    Fund Transfer Price (FTP), and other pricing.



Komite Kebijakan Perkreditan
Credit Policy Committee
Pembentukan Komite Kebijakan Perkreditan antara lain bertujuan untuk                     The formation of Credit Policy Committee aims, among other things, to
memberikan dukungan kepada Direksi terkait dengan penyusunan dan                         provide support to the Board of Directors in the preparation and implementation
implementasi Kebijakan Perkreditan Bank (KPB). Pembentukan komite ini                    of the Bank's Credit Policy (KPB). The formation of this committee is explicitly
secara eksplisit diatur dalam Anggaran Dasar Bank Raya.                                  stipulated in Bank Raya's Articles of Association.


Dasar Hukum Pembentukan                                                                  Legal Basis for Establishment
Berpedoman ketentuan Anggaran Dasar Bank yang mewajibkan                                 Based on the provisions of the Bank's Articles of Association, which require
pembentukan Komite Kebijakan Perkreditan, Bank Raya telah membentuk                      the formation of a Credit Policy Committee, Bank Raya has formed a Credit
Komite Kebijakan Perkreditan yang ditetapkan melalui Keputusan Direksi                   Policy Committee which was established under the Board of Directors’
No. Kpts B.599/Dir.02.03/PCP/XI/2022 tanggal 25 November 2022 tentang                    Decision No. Kpts B.599/Dir.02.03/PCP/XI/2022 dated November 25, 2022,
Komite Kebijakan Perkreditan.                                                            on the Credit Policy Committee.


Tugas dan Tanggung Jawab Komite                                                          Duties and Responsibilities of the Credit
Kebijakan Perkreditan                                                                    Policy Committee

Komite Kebijakan Perkreditan dibentuk dalam rangka membantu Direksi                      Credit Policy Committee was formed in order to assist the Board of Directors
untuk Menyusun Kebijakan Perkreditan Bank (KPB) khususnya prinsip                        in compiling the Bank's Credit Policy (KPB), especially the principle of
kehati-hatian dalam perkreditan sebagaimana diatur dalam Pedoman                         prudence in credit as regulated in OJK’s Bank Credit Policy Compilation
Penyusunan Kebijakan Perkreditan Bank (PPKPB) OJK, mengawasi penerapan                   Guidelines (PPKPB), supervising the implementation of KPB so that it is
KPB sehingga dilaksanakan secara bertanggungjawab dan penuh                              implemented responsibly and continuously, and formulating alternatives
kesinambungan serta merumuskan alternatif dan solusi penerapan bila                      and solutions for implementation if there are obstacles, and conducting
terdapat kendala, serta melakukan review berkala KPB minimal 3 (tiga)                    periodic reviews of the KPB at least once every 3 (three) years.
tahun sekali.




                                                                                                  Laporan Tahunan & Laporan Keberlanjutan
                                                                                                              Annual Report & Sustainability Report    2025 393
Page 394
         Ikhtisar Kinerja                      Laporan Manajemen                          Profil Perusahaan                      Tinjauan Pendukung Bisnis
         Performance Highlights                Management Report                          Company Profile                        Overview of Business Support Units




Komposisi Komite Kebijakan Perkreditan                                             Composition of the Credit Policy
                                                                                   Committee
Bank Raya menetapkan komposisi dan susunan keanggotaan Komite                      Bank Raya determines the composition and membership of the Credit
Kebijakan Perkreditan berpedoman pada Keputusan Direksi tersebut yang              Policy Committee based on the aforementioned Board of Directors' Decision,
terdiri dari:                                                                      which consists of:


                        Posisi                                                                           Jabatan
                       Position                                                                          Position

 Ketua                                               Direktur Utama
 Chairman                                            President Director
 Sekretaris                                          Kepala Divisi Credit Operation (Merangkap Anggota)
 Secretary                                           Head of Credit Operation Division (Serving Concurrently Member)
 Anggota                                             •    Direktur Digital & Operasional
                                                     •    Direktur Retail Agri & Pendanaan
                                                     •    Direktur Keuangan
                                                     •    Kepala Divisi Legacy Portfolio Management
                                                     •    Kepala Divisi Digital Product Development
                                                     •    Kepala Divisi Regional Business Office
                                                     •    Kepala Desk Credit Risk Analysis
                                                     •    Kepala Divisi Recovery & Remedi
                                                     •    Kepala Divisi Change Management
                                                     •    Kepala Divisi Digital Operation
                                                     •    Kepala Divisi Digital Sales & Partnership
                                                     •    Kepala Divisi Enterprise Risk Management
                                                     •    Kepala Desk Procedure & Policy

 Member                                              •    Director of Digital & Operations
                                                     •    Director of Retail, Agri & Funding
                                                     •    Director of Finance
                                                     •    Head of Legacy Portfolio Management Division
                                                     •    Head of Digital Product Development Division
                                                     •    Head of Regional Business Office Division
                                                     •    Head of Credit Risk Analysis Desk
                                                     •    Head of Recovery & Remediation Division
                                                     •    Head of Change Management Division
                                                     •    Head of Digital Operation Division
                                                     •    Head of Digital Sales & Partnership Division
                                                     •    Head of Enterprise Risk Management Division
                                                     •    Head of Procedure & Policy Desk




Rapat Komite Kebijakan Perkreditan                                                 Credit Policy Committee Meetings
Selama tahun 2025, pengembangan kompetensi diikuti oleh masing-                    During 2025, Competency development was followed by each Credit
masing anggota Komite Kebijakan Perkreditan secara terpisah sesuai                 Policy Committee member separately according to the assignment to
dengan penugasan untuk mengikuti pengembangan kompetensi dari                      participate in competency development programs from Bank Raya.
Bank Raya.


                  Tanggal                                                                      Agenda
  No
                   Date                                                                        Agenda

 1       03 November 2025         Usulan Perubahan Pedoman Pelaksanaan Tata Kelola Scoring & Model, Usulan Perubahan Pedoman Pelaksanaan Limit PDWK (Limit
                                  Memutus Kredit Fully Digital)

         November 3, 2025         Proposed Amendments to the Scoring & Model Governance Implementation Guidelines
                                  Proposed Amendments to PDWK Limit (Fully Digital Credit Termination Limit) Implementation Guidelines




Pengembangan Kompetensi Komite                                                     Credit Policy Committee’s Competency
Kebijakan Perkreditan                                                              Development

Bank Raya memberikan kesempatan kepada Komite Kebijakan Perkreditan                Bank Raya provides the Credit Policy Committee with the opportunity to
untuk mengikuti program pelatihan dan pengembangan kompetensi, baik                participate in training and competency development programs, both
yang diselenggarakan oleh internal Bank atau pihak eksternal.                      organized by the Bank internally or by external parties. Competency
Pengembangan kompetensi diikuti oleh masing-masing anggota Komite                  development is followed by each Credit Policy Committee member
Kebijakan Perkreditan secara terpisah sesuai dengan penugasan untuk                separately according to Bank Raya's competency development assignment
mengikuti pengembangan kompetensi dari Bank Raya.




394 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen               Tata Kelola Perusahaan                 Laporan Keberlanjutan                  Laporan Keuangan Audit
       Management Discussion and Analysis              Good Corporate Governance              Sustainability Report                  Audited Financial Report




Pelaksanaan Tugas Komite Kebijakan                                            Implementation of Credit Policy
Perkreditan                                                                   Committee's Duties

Komite Kebijakan Perkreditan telah menjalankan tugas dan tanggungnya          The Credit Policy Committee carried out its duties and responsibilities to
dalam rangka mendukung pengelolaan Bank Raya selama tahun buku                support the management of Bank Raya during the 2025 fiscal year, including:
2025 berupa: Hasil review Pedoman Pelaksanaan Tata Kelola Scoring &           The review results of Scoring & Rating Mode Governance Implementation
Rating Mode dan Pedoman Pelaksanaan Limit PDWK sudah diterbitkan              Guidelines and PDWK Limit Implementation Guidelines have been published,
sehingga dapat kembali mendukung bisnis dalam menjalankan kegiatannya         enabling another support for the business in carrying out the activities optimally.
secara optimal.



Komite Pengarah Teknologi Sistem Informasi
Information System Technology Steering Committee
Komite Pengarah Teknologi Sistem Informasi dibentuk oleh Direksi selain       The Information System Technology Steering Committee was formed by the
sebagai implementasi atas ketentuan Anggaran Dasar juga bertujuan untuk       Board of Directors to implement the provisions of Articles of Association and
memberikan rekomendasi kepada direksi mengenai hal-hal yang menyangkut        to provide recommendations to the Board of Directors regarding matters
Rencana Strategis Teknologi informasi dan keselarasannya dengan rencana       relating to Information Technology Strategic Plan and its alignment with the
strategis Bank, kesesuaian teknologi informasi dengan kebutuhan sistem        Bank's strategic plan, the conformity of information technology with the needs
informasi manajemen dan kebutuhan kegiatan usaha Bank dan hal-hal lain        of the management information system, and the needs of the Bank's business
yang diatur dalam peraturan perundang-undangan yang berlaku.                  activities and other matters regulated in applicable laws and regulations.


Dasar Hukum Pembentukan                                                       Legal Basis for Establishment
Bank Raya menetapkan pembentukan Komite Pengarah Teknologi Sistem             Bank Raya has established the Information System Technology Steering
Informasi melalui Keputusan Direksi No. Kpts. B.3068/DIR.01.03/ASA/09/2024    Committee through Board of Directors’ Decision No. Kpts. B.3068/DIR.01.03/
tanggal 12 September 2024 tentang Penetapan Komite Pengarah Teknologi         ASA/09/2024 dated September 12, 2024, on the Establishment of the
Sistem Informasi.                                                             Information System Technology Steering Committee.


Tugas dan Tanggung Jawab Komite                                               Duties and Responsibilities of the
Pengarah Teknologi Sistem Informasi                                           Information System Technology Steering
                                                                              Committee
Direksi telah menetapkan tugas dan tanggung jawab Komite Pengarah             The Board of Directors has determined the duties and responsibilities of the
Teknologi Sistem Informasi sebagai berikut:                                   Information System Technology Steering Committee as follows:
1. Rencana Strategis Teknologi Informasi yang sejalan dengan rencana          1. Information Technology Strategic Plan that is in line with the strategic
     strategis kegiatan usaha Bank Raya. Dalam memberikan rekomendasi,             plan of Bank Raya's business activities. In providing recommendations,
     Komite Pengarah Teknologi Sistem Informasi harus memperhatikan                the Information System Technology Steering Committee must consider
     faktor efisiensi, efektivitas, dan hal-hal lain yaitu:                        factors of efficiency, effectiveness, and other matters, as follows:
     a. Peta jalan (road-map) untuk mencapai kebutuhan TI yang                     a. Roadmap to achieve IT needs that support the Bank's business
          mendukung strategis bisnis Bank. Peta jalan (road-map) terdiri                strategy. The roadmap consists of the current state, the desired
          dari kondisi saat ini (current state), kondisi yang ingin dicapai             future state, and the steps to be taken to achieve the desired state;
          (future state), dan Langkah-langkah yang akan dilakukan untuk
          mencapai kondisi yang ingin dicapai;
     b. Sumber data yang dibutuhkan;                                               b.   Required data sources;
     c. Manfaat yang akan diperoleh saat Rencana Strategis TI diterapkan;          c.   Benefits to be obtained when the IT Strategic Plan is implemented;
     d. Kendala yang mungkin timbul dalam penerapan Rencana Strategis              d.   Constraints that may arise in the implementation of IT Strategic
          TI.                                                                           Plan.
2. Perumusan kebijakan, standar, dan prosedur Teknologi Informasi yang        2.   Formulation of the main Information Technology policies, standards,
     utama;                                                                        and procedures;
3. Kesesuaian antara proyek teknologi Informasi yang disetujui dengan         3.   Conformity between the approved Information Technology projects
     rencana strategis teknologi Informasi;                                        and the Information Technology strategic plan;
4. Kesesuaian antara pelaksanaan proyek teknologi Informasi dengan            4.   Conformity between the implementation of Information Technology
     rencana proyek yang disepakati (project charter);                             projects and the agreed project plan (project charter);
5. Evaluasi atas efektivitas biaya TI terhadap pencapaian manfaat yang        5.   Evaluation of the effectiveness of IT costs in achieving planned benefits.
     direncanakan.
6. Kesesuaian antara teknologi Informasi dengan kebutuhan sistem              6.  Conformity between Information Technology and the needs of management
     informasi manajemen serta kebutuhan kegiatan usaha Bank Raya;                information system and the needs of Bank Raya's business activities;
7. Efektivitas langkah-langkah dalam meminimalkan risiko atas investasi       7. Effectiveness of steps in minimizing the risk of Bank Raya's investment
     Bank Raya pada sektor teknologi Informasi agar investasi tersebut            in Information Technology sector so that the Bank's investment in
     memberikan kontribusi terhadap pencapaian tujuan bisnis Bank                 Information Technology sector contributes to the achievement of Bank
     Raya;                                                                        Raya's business goals;
8. Pemantauan atas kinerja teknologi Informasi dan upaya peningkatan          8. Monitoring Information Technology performance and efforts to improve
     kinerja teknologi Informasi;                                                 Information Technology performance;
9. Upaya penyelesaian berbagai masalah terkait teknologi informasi, yang      9. Efforts to resolve various problems related to Information Technology,
     tidak dapat diselesaikan oleh satuan kerja pengguna dan penyelenggara        which cannot be resolved by the user work unit and Information
     teknologi Informasi secara efektif, efisien dan tepat waktu;                 Technology organizer effectively, efficiently and on time;
10. Kecukupan dan alokasi sumber daya yang dimiliki Bank.                     10. Adequacy and allocation of resources owned by the Bank.


                                                                                        Laporan Tahunan & Laporan Keberlanjutan
                                                                                                   Annual Report & Sustainability Report   2025 395
Page 396
          Ikhtisar Kinerja                       Laporan Manajemen                        Profil Perusahaan                      Tinjauan Pendukung Bisnis
          Performance Highlights                 Management Report                        Company Profile                        Overview of Business Support Units




Komposisi Komite Pengarah Teknologi                                                 Composition of the Information System
Sistem Informasi                                                                    Technology Steering Committee

Bank Raya menetapkan komposisi dan susunan keanggotaan Komite                       Bank Raya determines the composition and membership of the Information
Pengarah Teknologi Sistem Informasi berdasarkan Keputusan Direksi                   System Technology Steering Committee based on the Board of Directors'
tersebut yang terdiri dari:                                                         Decision, which consists of:


                           Posisi                                                                        Jabatan
                Position at the Committee                                                          Position at the Bank

 Ketua                                               Direktur Digital dan Operasional
 Chairman                                            Director of Digital and Operations
 Ketua Pengganti                                     Direktur Keuangan (merangkap Anggota Tetap Dengan Hak Suara)
 Alternate Head                                      Director of Finance (concurrently Permanent Member with Voting Rights)
 Sekretaris                                          Kepala Divisi Application, Strategy & Architecture (merangkap Anggota Tetap Dengan Hak Suara)

                                                     Head of Application, Strategy & Architecture Division (concurrently Permanent Member with Voting Rights)
 Secretary
 Anggota Tetap dengan Hak Suara                      •    Direktur Utama
                                                     •    Direktur Digital dan Operasional
                                                     •    Kepala Divisi IT Infrastructure
                                                     •    Kepala Desk Enterprise Data Management
                                                     •    Kepala Divisi Change Management
                                                     •    Kepala Divisi Digital Operation
                                                     •    Kepala Divisi Digital Product Development
                                                     •    Kepala Divisi Enterprise Risk Management
                                                     •    Kepala Divisi Finance & Asset Management

 Permanent Members with Voting Rights                •    President Director
                                                     •    Director of Digital and Operation Division
                                                     •    Head of IT Infrastructure Division
                                                     •    Head of Enterprise Data Management Desk
                                                     •    Head of Change Management Division
                                                     •    Head of Digital Operation Division
                                                     •    Head of Digital Product Development Division
                                                     •    Head of Enterprise Risk Management Division
                                                     •    Head of Finance & Asset Management Division




Rapat Komite Komite Pengarah                                                        Information System Technology Steering
Teknologi Sistem Informasi                                                          Committee’s Meetings
Tabel berikut ini menjelaskan penyelenggaraan rapat Komite Komite                   The following table explains the Information System Technology Steering
Pengarah Teknologi Sistem Informasi yang dilakukan sebanyak 3 (tiga)                Committee meetings held for 3 (three) period during 2025.
kali sepanjang tahun 2025.


                         Tanggal                                                                    Agenda
     No
                          Date                                                                      Agenda

 1        4 Juni 2025                       1.   Enterprise Architecture Management
                                            2.   Adopsi Next-gen Agile untuk penguatan kolaborasi IT dan Bisnis
                                            3.   Solusi e-Wallet Engine untuk Onboarding BRImo
                                            4.   Strategi Migrasi Proswitching
                                            5.   Strategi dan Implementasi Modernisasi Platform Data
                                            6.   Landscape Penguatan Teknologi terhadap Cyber Security

          June 4, 2025                      1.   Enterprise Architecture Management
                                            2.   Adopting Next-Gen Agile to Strengthen IT and Business Collaboration
                                            3.   E-Wallet Engine Solution for BRImo Onboarding
                                            4.   Proswitching Migration Strategy
                                            5.   Data Platform Modernization Strategy and Implementation
                                            6.   Technology Strengthening Landscape for Cybersecurity
 2        1 September 2025                  1.   Tata Kelola AI
                                            2.   Generative AI (Use Case Rayapedia)
                                            3.   Use Case AI di Industri Perbankan
                                            4.   Update - Switch Over

          September 1, 2025                 1.   AI Governance
                                            2.   Generative AI (Rayapedia Use Case)
                                            3.   AI Use Cases in the Banking Industry
                                            4.   Update - Switch Over




396 PT Bank Raya Indonesia Tbk
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          Analisis dan Pembahasan Manajemen                  Tata Kelola Perusahaan                       Laporan Keberlanjutan                 Laporan Keuangan Audit
          Management Discussion and Analysis                 Good Corporate Governance                    Sustainability Report                 Audited Financial Report




                       Tanggal                                                                            Agenda
     No
                        Date                                                                              Agenda

 3         12 Desember 2025                    1.    Digital Maturity Assessment Bank Raya (DMAB) 2025
                                               2.    Focus Mapped to IT Strategy 2026
                                               3.    IT Policy Update 2025
                                               4.    Kesiapan Nataru Solusi e - Wallet Engine untuk Oboarding BRImo

           December 12, 2025                   1.    Bank Raya's Digital Maturity Assessment (DMAB) 2025
                                               2.    Focus Mapped to IT Strategy 2026
                                               3.    IT Policy Update 2025
                                               4.    Christmas and New Year Readiness: E-Wallet Engine Solution for BRImo Onboarding




Pengembangan Kompetensi Komite                                                             Competency Development of the
Komite Pengarah Teknologi Sistem                                                           Information System Technology Steering
Informasi                                                                                  Committee
Selama tahun 2025, pengembangan kompetensi diikuti oleh masing-                            During 2025, Competency development was followed by each Information
masing anggota Komite Pengarah Teknologi Sistem Informasi secara                           System Technology Steering Committee member separately according to
terpisah sesuai dengan penugasan untuk mengikuti pengembangan                              Bank Raya's competency development assignment.
kompetensi dari Bank Raya.


                  Jenis Pelatihan                              Materi Pendidikan dan Pelatihan                       Tempat dan Waktu                    Penyelenggara
                 Types of Training                             Education and Training Materials                        Place and Time                      Organizer

 Pengembangan Kompetensi Lainnya                    E-Learning Data Security                                 e-Learning Apps                          Bank Raya
 Other Competency Development                       E-Learning Data Security
 Pengembangan Kompetensi Lainnya                    Data Protection & Privacy Essentials                     Kuningan Hotel Jakarta, 29 s.d 30        CRMS Indonesia
                                                                                                             September 2025

 Other Competency Development                       Data Protection & Privacy Essentials                     Kuningan Hotel Jakarta, September
                                                                                                             29-30, 2025
 Pengembangan Kompetensi Lainnya                    E-Learning Asset Crypto & Blockchain                     e-Learning Apps                          Bank Raya
 Other Competency Development                       Crypto Asset & Blockchain E-Learning




Pelaksanaan Tugas Komite-Komite                                                            Implementation of Information System
Pengarah Teknologi Sistem Informasi                                                        Technology Steering Committee’s Duties

Implementasi tugas dan tanggung jawab Komite-Komite Pengarah                               The implementation of Information System Technology Steering Committee’s
Teknologi Sistem Informasi selama tahun 2025 adalah sebagai berikut:                       duties and responsibilities during 2025 was as follows:
1. Memberikan rekomendasi terkait perumusan kebijakan, standar, dan                        1. Providing recommendations on the formulation of key Information
    prosedur Teknologi Informasi yang utama.                                                    Technology policies, standards, and procedures.
2. Memberi arahan tentang kesesuaian antara pelaksanaan proyek                             2. Providing guidance on the alignment of approved Information Technology
    Teknologi Informasi yang disetujui dengan Rencana Strategi Teknologi                        project implementation with the Information Technology Strategic
    Informasi dan project charter.                                                              Plan and project charter.
3. Melakukan evaluasi atas efektivitas biaya TI terhadap pencapaian                        3. Evaluating the effectiveness of IT costs in achieving planned benefits.
    manfaat yang direncanakan.
4. Mengoptimalkan penerapan Teknologi Informasi agar mendukung                             4.   Optimizing the implementation of Information Technology to support
    kebutuhan Sistem Informasi Manajemen dan pelaksanaan kegiatan                               Management Information System needs and the implementation of
    usaha Bank.                                                                                 the Bank's business activities.
5. Mendorong percepatan penyelesaian masalah Teknologi Informasi                           5.   Encouraging acceleration to resolve Information Technology issues
    lintas satuan kerja agar dapat diselesaikan secara efektif, efisien, dan                    across work units so that they can be resolved effectively, efficiently,
    tepat waktu.                                                                                and timely.
6. Melakukan pemantauan atas kinerja Teknologi Informasi dan upaya                         6.   Monitoring Information Technology performance and efforts to improve
    peningkatan kinerja Teknologi Informasi.                                                    IT performance.
7. Memastikan investasi Bank di bidang Teknologi Informasi dikelola                        7.   Ensuring that the Bank's investments in Information Technology are
    dengan mitigasi risiko yang memadai sehingga memberikan nilai                               managed with adequate risk mitigation to provide added value to the
    tambah bagi pencapaian tujuan bisnis Bank                                                   achievement of the Bank's business objectives.



Komite Kredit
Credit Committee
Direksi Bank Raya membentuk Komite Kredit dalam rangka membantu                            Bank Raya’s Board of Directors has formed a Credit Committee to assist
fungsi pengelolaan Bank untuk mengevaluasi dan/atau memutus                                the Bank's management function in evaluating and/or deciding on credit
permohonan kredit untuk jumlah dan atau jenis kredit tertentu, sesuai                      applications for certain amounts and/or types of credit, in accordance with
dengan kewenangan yang telah ditetapkan.                                                   the given authority.




                                                                                                   Laporan Tahunan & Laporan Keberlanjutan
                                                                                                              Annual Report & Sustainability Report    2025 397
Page 398
         Ikhtisar Kinerja                     Laporan Manajemen                            Profil Perusahaan                Tinjauan Pendukung Bisnis
         Performance Highlights               Management Report                            Company Profile                  Overview of Business Support Units




Dasar Hukum Pembentukan                                                          Legal Basis for Establishment
Berpedoman ketentuan Anggaran Dasar Bank yang mewajibkan                         Based on the provisions of the Bank's Articles of Association, which require
pembentukan Komite Kredit, Bank Raya telah membentuk Komite Kredit               the establishment of a Credit Committee, Bank Raya has formed a Credit
yang ditetapkan melalui Surat Edaran Direksi No. SE: B. 52/Dir.01.05/PCP/        Committee, which was established under the Board of Directors’ Circular
COP/09/2025 tanggal 24 September 2025 perihal Pedoman Pelaksanaan                Letter No. SE: B. 52/Dir.01.05/PCP/COP/09/2025 dated September 24,
Komite Kredit.                                                                   2025, on the Credit Committee Implementation Guidelines.


Tugas dan Tanggung Jawab Komite                                                  Duties and Responsibilities of the Credit
Kredit                                                                           Committee

Komite Kredit memiliki tugas untuk memberikan persetujuan atau penolakan         The Credit Committee has the task of providing approval or rejection of
kredit sesuai dengan limit putusan delegasi wewenang kredit (PDWK) yang          credit in accordance with the credit authority delegation decision limit
ditetapkan oleh Direksi, dan melakukan koordinasi dengan Assets and              (PDWK) set by the Board of Directors, and coordinating with the Assets and
Liabilities Committee (ALCO) dalam aspek pendanaan untuk kredit dengan           Liabilities Committee (ALCO) in the aspect of funding for credit with a
jumlah tertentu yang ditetapkan oleh ALCO.                                       certain amount determined by ALCO.

Sementara itu, tanggung jawab komite ini adalah melaksanakan tugas               Meanwhile, the responsibility of this committee is to carry out its duties in
dalam pemberian putusan kredit berdasarkan kemahiran profesional                 providing credit decisions based on professional expertise honestly,
secara jujur, objektif, cermat dan seksama serta menolak permintaan dan          objectively, carefully, and thoroughly and to reject requests and/or influences
atau pengaruh pihak-pihak yang berkepentingan untuk memberikan                   from interested parties to provide credit approval that is only a formality.
persetujuan kredit yang hanya bersifat formalitas. Komite Kredit juga            The Credit Committee is also responsible for signing the Credit Decision
bertanggung jawab untuk membubuhkan tanda tangan pada formulir                   Form as proof of the Credit Decision as a form of responsibility of the Credit
putusan Kredit sebagai bukti pemberian putusan kredit sebagai wujud              Committee.
tanggung jawab Komite Kredit.

Oleh karena itu, sebelum membubuhkan tanda tangan, Komite Kredit                 Therefore, before signing, the Credit Committee must ensure that every
harus memastikan bahwa setiap kredit yang diberikan telah memenuhi               credit given has met banking provisions and is in accordance with sound
ketentuan perbankan dan sesuai asas-asas perkreditan yang sehat. Komite          credit principles. The Credit Committee also ensures that the implementation
Kredit juga memastikan bahwa pelaksanaan pemberian kredit telah sesuai           of credit provision is in accordance with KUP - Bank Raya, PPK Business,
dengan KUP - Bank Raya, PPK Bisnis dan Ketentuan yang berlaku di Bank            and the provisions applicable at Bank Raya and other credits. Finally, this
Raya serta perkreditan lainnya. Terakhir, komite ini memastikan bahwa            committee ensures that the provision of credit has been based on an honest,
pemberian kredit telah didasarkan pada penilaian yang jujur, objektif,           objective, careful, and thorough assessment and is free from the influence
cermat dan seksama serta terlepas dari pengaruh pihak-pihak yang                 of parties interested in the credit applicant.
berkepentingan dengan pemohon kredit.


Komposisi Komite Manajemen Risiko                                                Composition of the Risk Management
                                                                                 Committee
Bank Raya menetapkan komposisi dan susunan keanggotaan Komite                    Bank Raya determines the composition and membership of the Credit
Kredit berdasarkan Keputusan Direksi tersebut yang terdiri dari:                 Committee based on the Board of Directors' Decision, which consists of:


                           Posisi                                                                        Jabatan
                Position at the Committee                                                          Position at the Bank

 Komite Kredit Utama (KK Utama)                     •   Direktur Utama
                                                    •   Direktur Bisnis
                                                    •   Direktur Digital dan Operasional
                                                    •   Direktur Keuangan
                                                    •   SEVP Credit Risk

 Main Credit Committee                              •   President Director
                                                    •   Director of Business
                                                    •   Director of Digital and Operations
                                                    •   Director of Finance
                                                    •   SEVP Credit Risk

 Komite Kredit Direksi (KK Direksi)                 •   Direktur Bisnis
                                                    •   Direktur Digital dan Operasional
                                                    •   Direktur Keuangan
                                                    •   SEVP Credit Risk & Recovery

 Credit Committee of the Board of Directors         •   Director of Business
                                                    •   Director of Digital and Operations
                                                    •   Director of Finance
                                                    •   SEVP Credit Risk & Recovery




398 PT Bank Raya Indonesia Tbk
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          Analisis dan Pembahasan Manajemen                      Tata Kelola Perusahaan                       Laporan Keberlanjutan                   Laporan Keuangan Audit
          Management Discussion and Analysis                     Good Corporate Governance                    Sustainability Report                   Audited Financial Report




                            Posisi                                                                                  Jabatan
                 Position at the Committee                                                                    Position at the Bank

 Komite Kredit Divisi (KK Divisi)                            •     Komite Kredit Divisi Kelayakan Kerjasama
                                                                   a.  Kepala Desk Credit Risk Analysis (CRA)
                                                                   b.  Kepala Divisi Regional Business Office (RBO)
                                                                   c.  Kepala Divisi Digital Sales & Partnership (SLP) untuk kerjasama kemitraan yang diprakarsai oleh Divisi SLP
                                                                       atau Community Branch; atau
                                                                   d.  Kepala Divisi Commercial Business (CBD) untuk kerjasama kemitraan yang diprakarsai oleh Divisi CBD
                                                                       atau Community Branch.
                                                             •     Komite Kredit Divisi 1
                                                                   a.  Kepala Desk Credit Risk Analysis (CRA);
                                                                   b.  Kepala Divisi Commercial Business (CBD);
                                                                   c.  Kepala Divisi Regional Business Office (RBO);
                                                                   d.  Kepala Divisi Sales & Partnership
                                                             •     Komite Kredit Divisi 2
                                                                   a.  Kepala Desk Credit Risk Analysis (CRA);
                                                                   b.  Kepala Divisi Regional Business Office (RBO); atau
                                                                   c.  Kepala Divisi Commercial Business (CBD)

 Divisional Credit Committee                                 •     Credit Committee of Partnership Feasibility Division
                                                                   a.    Head of Credit Risk Analysis (CRA) Desk
                                                                   b.    Head of Regional Business Office (RBO) Division
                                                                   c.    Head of Digital Sales & Partnership (SLP) Division for partnerships initiated by SLP Division or Community
                                                                         Branch; or
                                                                   d.    Head of Commercial Business (CBD) Division for partnerships initiated by CBD Division or Community
                                                                         Branch.
                                                             •     Division 1 Credit Committee
                                                                   a.    Head of Credit Risk Analysis (CRA) Desk;
                                                                   b.    Head of Commercial Business (CBD) Division;
                                                                   c.    Head of Regional Business Office (RBO) Division;
                                                                   d.    Head of Sales & Partnership Division
                                                             •     Division 2 Credit Committee
                                                                   a.    Head of Credit Risk Analysis (CRA) Desk;
                                                                   b.    Head of Regional Business Office (RBO) Division; or
                                                                   c.    Head of Commercial Business (CBD) Division




Rapat Komite Kredit                                                                          Credit Committee’s Meetings
Penyelenggaraan rapat Komite Kredit dilaksanakan sebanyak 10 (sepuluh)                       The Credit Committee meetings were held 10 (ten) during 2025, with the
kali selama tahun 2025 dengan rincian agenda sebagai berikut:                                following agenda details:


                      Tanggal                                                                              Agenda
     No
                       Date                                                                                Agenda

 1         28 Februari 2025                  Komite Kredit an. PT. KSP
           February 28, 2025                 Credit Committee in the name of PT. KSP
 2         25 Mei 2025                       Komite Kredit an. PAJM
           May 25, 2025                      Credit Committee in the name of PAJM
 3         10 Juli 2025                      Komite Kredit an. PT. RL
           July 10, 2025                     Credit Committee in the name of PT. RL
 4         10 Juli 2025                      Komite Kredit an. Kopkar BA
           July 10, 2025                     Credit Committee in the name of BA Cooperative
 5         18 September 2025                 Komite Kredit an. PT OPPM
           September 18, 2025                Credit Committee in the name of PT OPPM
 6         03 November 2025                  Komite Kredit an. Perum Perhutani
           November 3, 2025                  Credit Committee in the name of Perum Perhutani
 7         18 November 2025                  Komite Kredit an. PT CMI
           November 18, 2025                 Credit Committee in the name of PT CMI
 8         18 November 2025                  Komite Kredit an. TBL
           November 18, 2025                 Credit Committee in the name of TBL
 9         23 Desember 2025                  Komite Kredit an. PT PC
           December 23, 2025                 Credit Committee in the name of PT PC
 10        23 Desember 2025                  Komite Kredit an. SSM
           December 23, 2025                 Credit Committee in the name of SSM




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                                                                                                                   Annual Report & Sustainability Report     2025 399
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       Ikhtisar Kinerja                       Laporan Manajemen                        Profil Perusahaan                      Tinjauan Pendukung Bisnis
       Performance Highlights                 Management Report                        Company Profile                        Overview of Business Support Units




Pengembangan Kompetensi Komite                                                   Credit Committee’s Competency
Kredit                                                                           Development

Selama tahun 2025, pengembangan kompetensi diikuti oleh masing-                  During 2025, Competency development was followed by each Credit
masing anggota Komite Kredit secara terpisah sesuai dengan penugasan             Committee member separately according to Bank Raya's competency
untuk mengikuti pengembangan kompetensi dari Bank Raya.                          development assignment.


               Jenis Pelatihan                    Materi Pendidikan dan Pelatihan                        Tempat dan Waktu                      Penyelenggara
              Types of Training                   Education and Training Materials                         Place and Time                        Organizer

 Peningkatan Kompetensi Lainnya             Seminar Cadangan Kerugian Penurunan Nilai      Hybrid Training, 25-26 Februari 2025              BRI
                                            (CKPN) Bank Raya

 Other Competency Enhancements              Bank Raya's Impairment Loss Allowance (CKPN)   Hybrid Training, February 25-26, 2025
                                            Seminar




Pelaksanaan Tugas Komite Kredit                                                  Implementation of the Credit
                                                                                 Committee's Duties
Komite Kredit telah membantu Direksi untuk melakukan evaluasi dan                The Credit Committee has assisted the Board of Directors in evaluating and
memutuskan permohonan kredit untuk jumlah dan atau jenis kredit tertentu         deciding on credit applications for certain amount and/or types of credit
yang ditetapkan. Hal ini dibuktikan dengan penyelenggaraan rapat komite          that have been determined. This is evidenced by the holding of 10 (teen)
tersebut sebanyak 10 (sepuluh) kali selama tahun 2025                            committee meetings in 2025




Komite Produk
Product Committee
Direksi juga telah membentuk Komite Produk yang memberikan bantuan               The Board of Directors has also formed a Product Committee that provides
kepada Direksi terkait dengan pengembangan produk. Komite ini bertugas           assistance to the Board of Directors related to, among others, product
dan bertanggung jawab dalam memberikan putusan atas usulan                       development. This committee is tasked with and responsible for making
pengembangan produk baru, pengembangan produk eksisting, penghentian             decisions on proposals for new product development, development of
produk, termasuk bundling produk diatas kewenangan Direktur Bidang               existing products, product discontinuation, including product bundling
Pemilik Produk, serta memberikan masukan dan rekomendasi atas strategi           above the authority of the Director of Product Ownership, as well as providing
pengembangan produk Bank Raya.                                                   input and recommendations on Bank Raya's product development strategy.


Dasar Hukum Pembentukan                                                          Legal Basis for Establishment
Sebagai wujud komitmen terhadap pengembangan produk Bank secara                  As a form of commitment to sustainable Bank product development, Bank
berkelanjutan, Bank Raya telah membentuk Komite Produk yang ditetapkan           Raya has formed a Product Committee which was established under
melalui Surat Edaran No.SE:B.59/Dir.04.05/PCP/CMG/12/2023 tentang                Circular No. SE:B.59/Dir.04.05/PCP/CMG/12/2023 dated December 8,
Pedoman Pelaksanaan Komite Produk pada tanggal 08 Desember 2023,                 2023, on Guidelines for the Implementation of Product Committee, which
adapun ketentuan ini telah diperbaharui pada tanggal 31 Desember 2025            was updated on December 31, 2025, under Circular No. SE:B.88/Dir.02.03/
melalui Surat Edaran No.SE:B.88/Dir.02.03/PCP12/2025 tentang Pedoman             PCP12/2025 on Guidelines for the Implementation of Product Committee.
Pelaksanaan Komite Produk.


Tugas dan Tanggung Jawab Komite                                                  Duties and Responsibilities of the Product
Produk                                                                           Committee
Pedoman Pelaksanaan Komite Produk menetapkan tugas dan tanggung                  The Product Committee’s Implementation Guidelines set out the duties and
jawab Komite Produk untuk Level Direksi sebagai berikut:                         responsibilities of the Product Committee at the Board of Directors Level as
a. Memberikan putusan dan/atau masukan serta rekomendasi atas                    follows:
    usulan perencanaan, pengembangan atau penghentian (disposal)                 a. Providing decisions and/or input, and recommendations on product
    produk yang telah memenuhi kriteria yang dapat diputus oleh Komite                planning, development, or disposal proposals that meet the criteria
    Produk Level Direksi, dengan kriteria yaitu:                                      for decision-making by the Board-Level Product Committee, with the
    1) Usulan perencanaan dan pengembangan produk dengan hasil                        following criteria:
        assessment scoring level produk pada kategori High dan telah                  1) Product planning and development proposals with a High product
        mendapatkan persetujuan dari Komite Produk Level Divisi adalah                     level assessment score and approved by the Division-Level Product
        pada score High.                                                                   Committee.
    2) Usulan perencanaan dan pengembangan produk yang score                          2) Product planning and development proposals with a Low or
        level produk pada kategori Low atau Medium, namun mendapatkan                      Medium product level score but obtain a recommendation from
        rekomendasi dari Komite Produk Level Divisi untuk dibahas dan                      the Division-Level Product Committee for discussion and decision-
        diputus melalui Komite Produk Level Direksi.                                       making by the Board-Level Product Committee.
    3) Usulan penghentian (disposal) produk.                                          3) Product disposal proposals.




400 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen             Tata Kelola Perusahaan                Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis            Good Corporate Governance             Sustainability Report                 Audited Financial Report




b.   Memberikan arahan, rekomendasi dan saran-saran perbaikan atas         b.    Providing direction, recommendations, and suggestions for improvement
     strategi pengembangan produk Bank Raya.                                     regarding Bank Raya's product development strategy.
c.   Melakukan evaluasi atas kinerja produk Bank Raya.                     c.    Evaluating Bank Raya's product performance.
d.   Memberikan putusan atas permasalahan produk yang tidak dapat          d.    Providing decisions on product issues that cannot be resolved at
     diputus pada tingkat kewenangan Direktur Bidang Pemilik Produk.             Director-level Product Owner.
e.   Hasil dari Komite Produk Level Direksi tidak hanya terbatas pada      e.    The results of the Board-Level Product Committee are not limited to
     keputusan produk bank dasar atau produk bank lanjutan, serta                decisions regarding basic banking products or advanced banking
     pengembangan produk baru atau eksisting namun juga menentukan               products, as well as the development of new or existing products, but
     kebutuhan pengembangan teknologi informasi (TI) yang wajib                  also determine information technology (IT) development needs, which
     disampaikan pada Laporan Rencana Pengembangan Teknologi                     must be submitted in the Information Technology Development Plan
     Informasi (LRPTI).                                                          Report (LRPTI).

Sementara itu, tugas dan Tanggung Jawab Komite Produk Level Divisi         Meanwhile, the Division Level Product Committee has the following duties
memiliki tugas dan tanggung jawab sebagai berikut:                         and responsibilities:
1. Memberikan putusan atas usulan perencanaan dan pengembangan             1. Making decisions on product planning and development proposals
   produk yang telah memenuhi kriteria yang dapat diputus oleh Komite          that meet the criteria that can be decided by the Division-Level Product
   Produk Level Divisi, dengan kriteria usulan perencanaan dan                 Committee. The proposed product planning and development criteria
   pengembangan produk dengan hasil assessment scoring level produk            are based on the product assessment scoring results in the Low and
   pada kategori Low dan Medium, dengan mempertimbangkan:                      Medium categories, by considering:
   a. Dampak/efek dari produk baru terhadap aspek strategis                    a. The impact/effect of the new product on strategic aspects
         (implementasi RJPP/RBB, target pasar BRI Group atau di luar BRI            (implementation of RJPP/RBB, target markets within BRI Group
         Group), finansial (pendapatan dan biaya) dan non finansial                 or outside BRI Group), financial (revenue and costs), and non-
         (teknologi, regulasi, human capital).                                      financial (technology, regulations, human capital) aspects.
   b. Level risiko yang harus diterima Bank Raya atas implementasi             b. The level of risk Bank Raya must accept for implementing the new
         produk baru tersebut.                                                      product.
2. Melakukan assessment atau kajian terhadap usulan perencanaan,           2. Conducting assessments or reviews of proposed product planning,
   pengembangan dan penghentian produk yang akan diajukan kepada               development, and discontinuation submitted to the Board-Level Product
   Komite Produk Level Direksi.                                                Committee.
3. Memastikan seluruh dokumen yang terkait dengan usulan perencanaan,      3. Ensuring all documents related to the proposed product planning,
   pengembangan dan penghentian produk telah tersedia baik dalam               development, and discontinuation are available, including aspects of
   aspek model bisnis, financial model, dan GRC (Governance, Risk &            the business model, financial model, and GRC (Governance, Risk &
   Governance) serta memastikan keselarasan pengembangan produk                Governance), and ensure alignment of product development with the
   dengan strategi Bank, aspek-aspek perlindungan konsumen dan                 Bank's strategy, consumer protection, and personal data protection
   perlindungan data pribadi.                                                  aspects.
4. Memberikan arahan, rekomendasi dan saran-saran perbaikan atas           4. Providing direction, recommendations, and suggestions for improvements
   strategi pengembangan produk Bank Raya.                                     to Bank Raya's product development strategy.
5. Melakukan pembahasan dan penetapan apakah usulan perencanaan            5. Discussing and determining whether proposed product planning or
   atau pengembangan produk termasuk dalam RPPB atau tidak termasuk,           development is included in RPPB, along with the licensing requirements,
   beserta dengan mekanisme kewajiban perizinannya yaitu lapor atau            including reporting or permits with limited trials.
   izin dengan uji coba terbatas.
6. Menyampaikan keputusan pada saat Komite Produk Level Divisi             6.    Communicating decisions made by the Division-Level Product Committee
   kepada Komite Produk Level Direksi.                                           to the Board-Level Product Committee.
7. Melakukan evaluasi secara periodik terhadap implementasi atau           7.    Conducting periodic evaluations of the implementation or follow-up
   tindak lanjut dari putusan Komite Produk, serta melakukan evaluasi            of Product Committee decisions, as well as evaluate the performance
   atas kinerja dari produk yang telah disetujui oleh Komite Produk.             of products approved by the Product Committee.

Selanjutnya, tugas dan Tanggung Jawab Sekretaris Komite Produk memiliki    Furthermore, the duties and responsibilities of the Product Committee
tugas dan tanggung jawab sebagai berikut:                                  Secretary are as follows:
1. Mengkoordinasikan pelaksanaan Komite Produk termasuk memastikan         1. Coordinating the implementation of Product Committee, including
    persiapan materi rapat yang akan dipresentasikan oleh Satuan Kerja          ensuring the preparation of meeting materials to be presented by the
    Pemilik Produk.                                                             Product Owner Work Unit.
2. Menyiapkan agenda, jadwal, dan tempat pelaksanaan Komite                2. Preparing the agenda, schedule, and venue for the Product Committee
    Produk                                                                      meetings.
3. Mengatur jadwal dan menyampaikan informasi kepada Satuan Kerja          3. Arranging schedule and providing information to Product Owner Work
    Pemilik Produk dan Anggota Komite Produk terkait dengan pelaksanaan         Unit and Product Committee members regarding the implementation
    Komite Produk                                                               of Product Committee.
4. Memastikan seluruh dokumen yang dibutuhkan dalam rangka                 4. Ensuring that all documents required for the implementation of Product
    pelaksanaan Komite Produk oleh Satuan Kerja Pemilik Produk telah            Committee by Product Owner Work Unit are available.
    tersedia
5. Membuat risalah rapat Komite Produk dan mendistribusikan keputusan      5.    Preparing minutes of Product Committee meetings and distributing
    Komite Produk kepada Satuan Kerja Pemilik Produk, Anggota Komite             Product Committee decisions to Product Owner Work Unit, Product
    Produk dan Satuan Kerja yang terkait dengan putusan Komite Produk            Committee members, and relevant work units.
    dimaksud.
6. Melaksanakan monitoring dan evaluasi atas tindak lanjut putusan         6.    Carrying out Monitoring and evaluating follow-up to decisions of
    Komite Produk Level Divisi maupun Komite Produk Level Direksi, serta         Division-Level Product Committee and Board-Level Product Committee,
    menyampaikan tindak lanjutnya pada Komite Produk berikutnya                  and communicate the follow-up to the next Product Committee.
7. Bertanggung jawab terhadap pemenuhan form checklist dokumen             7.    Responsible for completing Product Committee proposal document
    proposal Komite Produk                                                       checklist.




                                                                                    Laporan Tahunan & Laporan Keberlanjutan
                                                                                               Annual Report & Sustainability Report   2025 401
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             Ikhtisar Kinerja                           Laporan Manajemen                            Profil Perusahaan                        Tinjauan Pendukung Bisnis
             Performance Highlights                     Management Report                            Company Profile                          Overview of Business Support Units




Komposisi Komite Produk                                                                       Product Committee Composition
Bank Raya menetapkan komposisi dan susunan keanggotaan Komite                                 Bank Raya determines the composition and membership of the Product
Produk berdasarkan Keputusan Direksi tersebut yang terdiri dari:                              Committee based on the Board of Directors' Decision, which consists of:

Komite Produk Level Direksi:                                                                  Board of Directors Level Product Committee
a. Organisasi Komite Produk Bank Raya terdiri dari                                            a. The Product Committee Organization of Bank Raya consists of
           Ketua                                                           :   Direktur Utama
           Chairman                                                            President Director

           Ketua Pengganti                                                 :   Direktur Keuangan (merangkap Anggota Tetap dengan Hak Suara)
           Alternate Chairman                                                  Director of Finance (concurrently a Permanent Member with Voting Rights)

           Sekretaris                                                      :   Kepala Divisi Change Management (CMG)
           Secretary                                                           Head of Change Management Division (CMG)

           Anggota Tetap dengan Hak Suara                                  :   •    Direktur Digital Operasional
                                                                               •    Direktur Bisnis

           Permanent Members with Voting Rights                                •    Director of Digital & Operations
                                                                               •    Director of Business

           Anggota Tetap Tanpa Hak Suara                                   :   Direktur Manajemen Risiko, Kepatuhan & Sumber Daya Manusia
           Permanent Member without Voting Rights                              Director of Enterprise Risk Management, Compliance, & Human Resources

           Anggota Tidak Tetap dengan Hak Suara (sesuai dengan topik       :   SEVP Credit Risk & Recovery
           Komite Produk)                                                      Senior Executive Vice President (SEVP) Credit Risk & Recover
           Non-Permanent Member with Voting Rights (According to Product
           Committee Topics)


b.        Status keanggotaan Komite Produk bersifat ex-officio.                               b.    The membership status of Product Committee is ex-officio.
c.        Penetapan kategori usulan perencanaan/pengembangan produk                           c.    Determination of product planning/development proposal categories
          termasuk produk baru, dasar atau lanjutan serta dibahas dan diputus                       including new, basic, or advanced products and discussed and decided
          pada forum Komite Produk Level Divisi.                                                    at the Division-Level Product Committee forum.


Rapat Komite Produk                                                                           Product Committee’s Meetings
Selama tahun 2025, Komite Produk telah menyelenggarakan rapat sebanyak                        During 2025, the Product Committee held 13 (thirteen) meetings with the
13 (tiga belas) kali dengan rincian agenda sebagai berikut:                                   following agenda details:


                             Tanggal                                                                          Agenda
     No
                              Date                                                                            Agenda

 1          14 Maret 2025                          Komite Produk Level Divisi Triwulan 1
            March 14, 2025                         Division-Level Product Committee Quarter 1
 2          25 April 2025                          Komite Produk Level Divisi:
            April 25, 2025                         a.  Update Progress RPPB Bulan April
                                                   b.  Pinang Connect Kresun
                                                   c.  Pinang Dana Talangan Merchant

                                                   Division-Level Product Committee:
                                                   a.    April RPPB Progress Update
                                                   b.    Pinang Connect Kresun
                                                   c.    Pinang Merchant Advance Fund
 3          05 Mei 2025                            Komite Produk Level Divisi Pinang Maksima
            May 5, 2025                            Division-Level Product Committee Pinang Maksima
 4          28 Mei 2025                            Komite Produk Level Divisi Bulan Mei dan Triwulan II
            May 28, 2025                           Division-Level Product Committee May and Quarter II
 5          10 Juni 2025                           Komite Produk Level Direksi Pinang Connect Kresun
            June 10, 2025                          Board-Level Product Committee Pinang Connect Kresun
 6          30 Juni 2025                           Komite Produk Level Divisi Bulan Juni
            June 30, 2025                          Division-Level Product Committee June
 7          25 Juli 2025                           Komite Produk Level Divisi Bulan Juli
            July 25, 2025                          Division-Level Product Committee July
 8          29 Agustus 2025                        Komite Produk Level Divisi Bulan Agustus:
            August 29, 2025                        a.  Update Progress RPPB Bulan Agustus
                                                   b.  Pembahasan Kerjasama Padi UMKM
                                                   c.  Pembahasan Kerjasama SRC (Pinang Merchant Cashloan)

                                                   Division-Level Product Committee August:
                                                   a.    August RPPB Progress Update
                                                   b.    Discussion on MSME Padi Cooperation
                                                   c.    Discussion on SRC (Pinang Merchant Cashloan) Cooperation
 9          15 September 2025                      Komite Produk Level Divisi Bulan September dan Triwulan III
            September 15, 2025                     Division-Level Product Committee September and Quarter III




402 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                Tata Kelola Perusahaan                          Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis               Good Corporate Governance                       Sustainability Report                 Audited Financial Report




                    Tanggal                                                                           Agenda
 No
                     Date                                                                             Agenda

 10    02 Oktober 2025                  Komite Produk Level Direksi Pinang Maksima Skema Value Chain
       October 2, 2025                  Board-Level Product Committee Pinang Maksima Value Chain Scheme
 11    30 Oktober 2025                  Komite Produk Level Divisi Bulan Oktober
       October 30, 2025                 Division-Level Product Committee October
 12    13 November 2025                 Komite Produk Level Divisi November dan Triwulan IV
       November 13, 2025                Division-Level Product Committee November and Quarter IV
 13    30 Desember 2025                 Komite Produk Level Divisi Bulan Desember
       December 30, 2025                Division-Level Product Committee December




Pengembangan Kompetensi Komite                                                       Product Committee’s Competency
Produk                                                                               Development

Selama tahun 2025, pengembangan kompetensi diikuti oleh masing-                      During 2025, Competency development was followed by each Product
masing anggota Komite Produk secara terpisah sesuai dengan penugasan                 Committee’s member separately according to the assignment to follow
untuk mengikuti pengembangan kompetensi dari Bank Raya.                              Bank Raya's competency development.


               Jenis Pelatihan                     Materi Pendidikan dan Pelatihan                             Tempat dan Waktu                       Penyelenggara
              Types of Training                    Education and Training Materials                              Place and Time                         Organizer

 Peningkatan Kompetensi Lainnya             Raya Insight Fest - Driving Growth Through Product    Hybrid Training, 23 September 2025                Bank Raya
                                            Innovation

 Other Competency Development               Raya Insight Fest - Driving Growth Through Product    Hybrid Training, September 23, 2025
                                            Innovation




Pelaksanaan Tugas Komite Produk                                                      Implementation of Product Committee’s
                                                                                     Duties
Komite Produk juga telah memberikan bantuan kepada Direksi terkait                   The Product Committee also assists the Board of Directors related to, among
pengembangan produk. Komite ini telah mengadakan 13 (tiga belas) kali                others, product development. This committee held 13 (thirteen) meetings
rapat disamping pelaksanaan pengembangan beragam produk Bank.                        in addition to implementing various Bank product development.




                                                                                                 Laporan Tahunan & Laporan Keberlanjutan
                                                                                                            Annual Report & Sustainability Report   2025 403
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        Ikhtisar Kinerja                              Laporan Manajemen                                   Profil Perusahaan                     Tinjauan Pendukung Bisnis
        Performance Highlights                        Management Report                                   Company Profile                       Overview of Business Support Units




Sekretaris Perusahaan
Corporate Secretary

Peran Sekretaris Perusahaan semakin dibutuhkan tidak hanya berkaitan                             The Corporate Secretary’s role is increasingly needed not only in relation
dengan fungsi administrasi dan komunikasi, namun juga untuk memastikan                           to administrative and communication functions, but also to ensure compliance
kepatuhan Emiten atau Perusahaan Publik terhadap peraturan perundang-                            of the Issuer or Public Company with laws and regulations, and improve
undangan, dan meningkatkan pelaksanaan tata kelola Emiten atau                                   the implementation of governance of the Issuer or Public Company. In
Perusahaan Publik. Selain itu, Sekretaris Perusahaan berperan dalam                              addition, the Corporate Secretary plays a role in updating information on
memutakhirkan informasi tentang peraturan yang dipatuhi oleh Emiten                              regulations complied with by the Issuer or Public Company and providing
atau Perusahaan Publik dan menyediakan informasi penting bagi Direksi                            important information for the Board of Directors and Board of Commissioners
dan Dewan Komisaris dalam membuat keputusan.                                                     in making decisions.



Dasar Hukum Pembentukan
Legal Basis for Establishment

Berpedoman pada POJK No. 35/POJK.04/2014 tentang Sekretaris Perusahaan                           Based on POJK No. 35/POJK.04/2014 on the Corporate Secretary of the
Emiten atau Perusahaan Publik, Anggaran Dasar Bank Raya telah memberikan                         Issuer or Public Company, Bank Raya's Articles of Association authorizes
kewenangan kepada Direksi untuk mengangkat dan memberhentikan                                    the Board of Directors to appoint and dismiss the Corporate Secretary with
Sekretaris Perusahaan dengan persetujuan Dewan Komisaris. Kebijakan                              the Board of Commissioners’ approval. Bank Raya's General Policy on GCG
Umum Penerapan GCG Bank Raya mengungkapkan peran penting                                         Implementation reveals the important role of the Corporate Secretary as
Sekretaris Perusahaan sebagai penghubung antara Perusahaan Publik                                a liaison among the Public Company and the Bank's shareholders, OJK,
dengan pemegang saham Bank, OJK, media dan pemangku kepentingan                                  media and other stakeholders.
lainnya.



Tugas dan Tanggung Jawab Sekretaris Perusahaan
Duties and Responsibilities of the Corporate Secretary

Pedoman GCG Bank Raya menetapkan tugas dan tanggung jawab                                        Bank Raya's GCG Guidelines stipulate the duties and responsibilities of the
Sekretaris Perusahaan paling kurang mengikuti perkembangan pasar                                 Corporate Secretary to at least follow developments in the capital market,
modal khususnya peraturan perundangan yang berlaku di bidang pasar                               especially the laws and regulations applicable in the capital market sector
modal dan memberikan masukan kepada Direksi dan Dewan Komisaris                                  and provide input to the Board of Directors and Board of Commissioners to
untuk mematuhi ketentuan peraturan perundangan di bidang pasar modal.                            comply with the provisions of laws and regulations in the capital market sector.

Sekretaris Perusahaan juga bertugas membantu Direksi dan Dewan Komisaris                         The Corporate Secretary is also tasked with assisting the Board of Directors
dalam pelaksanaan tata kelola Perusahaan yang meliputi: a. keterbukaan                           and Board of Commissioners in implementing corporate governance which
informasi kepada masyarakat, termasuk ketersediaan informasi pada Situs                          includes: a. disclosure of information to the public, including the availability
Web emiten; b. penyampaian laporan kepada Otoritas Jasa Keuangan                                 of information on the issuer's website; b. submission of reports to the Financial
tepat waktu; c. penyelenggaraan dan dokumentasi Rapat Umum Pemegang                              Services Authority on time; c. holding and documenting General Meetings
Saham; d. penyelenggaraan dan dokumentasi rapat Direksi dan/atau                                 of Shareholders; d. holding and documenting meetings of the Board of
Dewan Komisaris; dan e. Pelaksanaan program orientasi terhadap perusahaan                        Directors and/or Board of Commissioners; and e. Conducting orientation
bagi Direksi dan/atau Dewan Komisaris.                                                           programs for the Company for the Board of Directors and/or Board of
                                                                                                 Commissioners.


Struktur Organisasi Sekretaris Perusahaan
Organizational Structure of the Corporate Secretary

Struktur organisasi Sekretaris Perusahaan Bank Raya ditetapkan melalui                           The organizational structure of Bank Raya's Corporate Secretary is determined
Surat Keputusan Direksi No. Kpts.B.39A/Dir.01.02/CMG/02/2025 tentang                             through Board of Directors’ Decision No. Kpts.B.39A/Dir.01.02/CMG/02/2025
Penetapan Organisasi dan Formasi Divisi Corporate Secretary PT Bank                              on the Determination of the Organization and Formation of the Corporate
Raya Indonesia Tbk adalah sebagai berikut:                                                       Secretary Division of PT Bank Raya Indonesia Tbk, as follows:


                                                                                                  Divisi Corporate Secretary
                                                                                                 Corporate Secretary Division
                                                                                                        Kepala Divisi
                                                                                                       Head of Division




                                            Departemen Corporate Communication & Affairs                                            Departemen Investor Relation
                                           Corporate Communication & Affairs Department                                               Investor Relation Department
                                                       Kepala Departemen                                                                 Kepala Departemen
                                                       Head of Department                                                                Head of Department




                   Bagian Corporate                                                                                                      Bagian Investor
                                                    Bagian Office of the Board             Bagian CSR & Public Affairs
                Communication & Branding                                                                                           Communication & Analytics Market

                     Kepala Bagian                        Kepala Bagian                          Kepala Bagian                              Kepala Bagian




                     Team Member                          Team Member                            Team Member                                Team Member


                    Staf & Pelaksana                     Staf & Pelaksana                       Staf & Pelaksana                          Staf & Pelaksana




404 PT Bank Raya Indonesia Tbk
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        Analisis dan Pembahasan Manajemen                      Tata Kelola Perusahaan                        Laporan Keberlanjutan                 Laporan Keuangan Audit
        Management Discussion and Analysis                     Good Corporate Governance                     Sustainability Report                 Audited Financial Report




Struktur Organisasi Divisi Corporate Secretary bertanggung jawab langsung                  The Corporate Secretary Division's organizational structure is directly responsible
kepada Direktur Utama. Kepala Divisi Corporate Secretary dibantu oleh                      to the President Director. The Head of the Corporate Secretary Division is
Kepala Departemen Corporate Communication & Public Affairs yang                            assisted by the Head of the Corporate Communication & Public Affairs
membawahi Bidang Corporate Communication & Branding, Office of The                         Department, who oversees Corporate Communication & Branding, Office
Board, dan CSR & Public Affairs. Selanjutnya, Kepala Bagian Corporate                      of the Board, and CSR & Public Affairs. Furthermore, the Head of the Corporate
Communication & Branding yang membawahi Officer Corporate                                  Communication & Branding Division oversees the Corporate Communication
Communication & Branding dan Assistant Corporate Communication &                           & Branding Officer and the Assistant Corporate Communication & Branding,
Branding, Kepala Bagian Office of The Board membawahi Officer Office                       the Head of the Office of the Board oversees the Officer Office of the Board
of The Board dan Assistant Office of The Board, serta Sekretaris dan protokoler            and the Assistant Office of the Board, as well as the Secretary and Protocol
Direksi, Kepala Bagian CSR & Public Affairs yang membawahi Officer CSR                     of the Board of Directors, the Head of the CSR & Public Affairs Division oversees
& Public Affairs dan Assistant CSR & Public Affairs. Kepala Divisi Corporate               the Officer CSR & Public Affairs and the Assistant CSR & Public Affairs. The
Secretary juga membawahi Kepala Departemen Investor Relation yang                          Head of the Corporate Secretary Division also oversees the Head of the
mensupervisi Investor Communication & Analytics Market. Selanjutnya                        Investor Relations Department, who supervises the Investor Communication
Kepala Bagian Investor Communication & Analytics Market yang membawahi                     & Analytics Market. Furthermore, the Head of the Investor Communication
staff Investor Communication & Analytics Market dan Assistant Investor                     & Analytics Market Division oversees the Investor Communication & Analytics
Communication & Analytics Market.                                                          Market staff and the Assistant Investor Communication & Analytics Market.



Profil Sekretaris Perusahaan
Corporate Secretary’s Profile

Kepala Divisi Corporate Secretary dijabat oleh Ajeng Putri Hapsari sejak                   Head of Corporate Secretary Division is led by Ajeng Putri Hapsari since
tanggal 30 Juni 2022 dengan profil ringkas Sekretaris Perusahaan adalah                    June 30, 2022, with the brief profile of Corporate Secretary as follows:
sebagai berikut:




Ajeng Putri Hapsari
Sekretaris Perusahaan
Corporate Secretary


Domisili                  Tangerang Selatan
Domicile                  South Tangerang
Kewarganegaraan           Indonesia
Nationality
Usia                      43 tahun pada akhir tahun buku 2025
Age                       43 years old at the end of the 2025 fiscal year




 Dasar Hukum Pengangkatan                 Surat Keputusan Direksi No. Kpts.R.283/ Dir.03/HCP/06/2022
 Legal Basis for Appointment              Board of Directors’ Decision No. Kpts.R.283/ Dir.03/HCP/06/2022
 Riwayat Pendidikan                       •     S1 Universitas Padjadjaran – Pertanian (2005)
                                          •     S2 Universitas Gadjah Mada – Magister Manajemen (2007)

 Educational background                   •     Bachelor's degree in Agriculture from Padjadjaran University (2005)
                                          •     Master's degree in Management from Gadjah Mada University (2007)
 Sertifikasi                              Kualifikasi 4 Bidang Manajemen Risiko perbankan
 Certification                            Banking Risk Management, Qualification 4
 Pengalaman Kerja                         •     Kepala Divisi- Divisi Corporate Secretary (Agustus 2022 – Sekarang)
                                          •     Wakil Kepala Divisi - Divisi Corporate Secretary (April 2021 – Juli 2022)
                                          •     Kepala Bagian - Divisi Sekretariat Perusahaan (Mei 2019 – Maret 2021)

 Work experience                          •     Head of Division - Corporate Secretary Division (August 2022 – Present)
                                          •     Deputy Head of Division - Corporate Secretary Division (April 2021 – July 2022)
                                          •     Head of Section - Corporate Secretary Division (May 2019 – March 2021)




Pengembangan Kompetensi Sekretaris Perusahaan
Corporate Secretary’s Competency Development

Bank Raya menyediakan program pengembangan pelatihan dan                                   Bank Raya provides training and competency development programs,
pengembangan kompetensi baik yang diselenggarakan oleh internal                            either organized by the Bank internally or organized by external parties, to
Bank atau pihak eksternal kepada Divisi Corporate Secretary untuk tahun                    the Corporate Secretary Division for the 2025 fiscal year. The realization of
buku 2025. Adapun realisasi dari program pelatihan dan pengembangan                        the training and competency development programs participated in by
kompetensi yang diikuti oleh Corporate Secretary adalah sebagai berikut:                   the Corporate Secretary are as follows:



                                                                                                    Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                 Annual Report & Sustainability Report   2025 405
Page 406
        Ikhtisar Kinerja                            Laporan Manajemen                        Profil Perusahaan                         Tinjauan Pendukung Bisnis
        Performance Highlights                      Management Report                        Company Profile                           Overview of Business Support Units




                         Materi Pendidikan dan Pelatihan                                                  Tempat dan Waktu                                  Penyelenggara
                         Education and Training Materials                                                   Place and Time                                    Organizer

 Pelatihan Manajemen Keprotokolan dan Aktivitas Seremoni Lembaga/Perusahaan       Jakarta, 23 -24 Agustus 2025                                             Mahaka Institute
 Protocol Management and Ceremonial Activities for Institutions/Companies         Jakarta, August 23-24, 2025
 Training Penyusunan Analisa dan Proyeksi Makroekonomi                            Menara BRILiaN, 26 s.d 28 Agustus 2025                                   LPEM – FEB UI
 Training on Macroeconomic Analysis and Projection Preparation                    BRILiaN Tower, August 26-28, 2025
 Training Digital Marketing                                                       Menara BRILiaN, 19-20 Juni 2025                                          Purwadhika
 Training on Digital Marketing                                                    BRILiaN Tower, June 19-20, 2025
 Training Strategic Communication Crisis and Media Handling                       Gedung Kompas Gramedia, 22 Mei 2025                                      Kompas Institute
 Training on Strategic Communication Crisis and Media Handling                    Kompas Gramedia Building, May 22, 2025
 Public Course Executive Public Speaking                                          Start Space Tanah Abang, 16,23,30 November & 7 Desember 2025             Bicara Pede
 Executive Public Speaking Course                                                 Start Space Tanah Abang, November 16, 23, and 30, and December           Academy
                                                                                  7, 2025
 Public Course Video Editing                                                      Hello Motion Academy, 23, 30 Desember 2025 & 6, 8, 13, 15, 20, 22, 27,   Hello Motion
                                                                                  29 Januari 2026                                                          Academy

 Video Editing Public Course                                                      Hello Motion Academy, December 23 and 30, 2025 and January 6,
                                                                                  8, 13, 15, 20, 22, 27, and 29, 2026
 Public Course Strategic Branding Communication                                   Online Training, 30-31 Desember 2025                                     URWAYS Indonesia
 Strategic Branding Communication Public Course                                   Online Training, December 30-31, 2025                                    Corpora
 Bloomberg Investor Relation 101                                                  Offline Training, 18 September 2025                                      Bloomberg L.P.
                                                                                  Offline Training, September 18, 2025




Pelaksanaan Tugas Sekretaris Perusahaan
Implementation of Corporate Secretary’s Duties

Divisi Corporate Secretary telah menjalankan tugas dan tanggung jawabnya              The Corporate Secretary Division carried out its duties and responsibilities
sebagaimana yang diatur dalam Kebijakan Umum Penerapan GCG untuk                      as stipulated in the General Policy of GCG Implementation for 2025, which
tahun 2025 yang meliputi:                                                             include:
1. Memenuhi Fungsi & aktivitas Bank sebagai Perusahaan Terbuka,                       1. Fulfilling the Bank's Functions & activities as a Public Company, including
      diantaranya Melaksanakan Keterbukaan Informasi kepada masyarakat,                     Implementing Information Disclosure to the public, Organizing and
      Menyelenggarakan dan mendokumentasikan Rapat Umum Pemegang                            documenting General Meetings of Shareholders, Organizing activities
      Saham, Menyelenggarakan kegiatan yang berkaitan dengan Aksi                           related to Corporate Actions, Compiling Annual Reports, Carrying out
      Korporasi, Menyusun Laporan Tahunan, Melaksanakan fungsi kepatuhan                    the Bank's compliance function with regulations in the capital market
      Bank terhadap peraturan-peraturan di bidang pasar modal.                              sector. Implementing the Bank's compliance function with capital
      Melaksanakan fungsi kepatuhan Bank terhadap peraturan-peraturan                       market regulations.
      di bidang pasar modal
2. Aktivitas Komunikasi Korporasi , diantaranya adalah Menetapkan                     2.    Corporate Communication Activities, including establishing corporate
      kebijakan dan strategi komunikasi Korporasi, Melakukan aktivitas                      communication policies and strategies, conducting corporate
      komunikasi yang bersifat korporasi kepada pemangku kepentingan                        communication activities with internal and external stakeholders,
      internal maupun eksternal Korporasi, Melaksanakan tindakan antisipatif                implementing anticipatory and corrective actions for all news and
      dan korektif atas setiap pemberitaan dan iklan di media massa                         advertisements in the mass media, including online media, managing
      termasuk media online, Melaksanakan pengelolaan Website Bank,                         the Bank's website, implementing risk management functions, including
      Melaksanakan fungsi pengelolaan risiko yang meliputi proses identifikasi,             identifying, measuring, monitoring, and controlling reputation risk
      pengukuran, pemantauan dan pengendalian manajemen risiko                              management, and managing social media.
      reputasi, Pengelolaan Sosial Media,
3. Menyelenggarakan Aktivitas Kesekretariatan, diantaranya                            3.    Organizing Secretarial Activities, including organizing and documenting
      Menyelenggarakan dan mendokumentasikan Rapat Direksi,                                 Board of Directors’ Meetings, managing correspondence and
      Melaksanakan pengelolaan surat menyurat dan administrasi untuk                        administration to support the functions and work activities of the Board
      mendukung fungsi dan kegiatan kerja Dewan Komisaris dan Direksi,                      of Commissioners and Board of Directors, creating Board of Directors
      Melakukan Pembuatan Materi Direksi, Melaksanakan kegiatan protokoler                  materials, and implementing protocol activities for the Board of Directors
      Direksi dan Dewan Komisaris.                                                          and Board of Commissioners.
4. Menyelenggarakan aktivitas Corporate Social Responsibility (CSR)                   4.    Organizing Corporate Social Responsibility (CSR) activities.



Investor Relation
Investor Relation
Hubungan Investor atau Investor Relation berperan sebagai penghubung                  Investor Relation serves as a liaison between Bank Raya and various
Bank Raya dengan beragam pemangku kepentingan seperti investor,                       stakeholders, such as investors, the capital market, and shareholders through:
pasar modal, dan Pemegang Saham melalui: a. pengembangan strategi                     a. developing communication strategies, particularly related to investors,
komunikasi terutama terkait investor, calon investor potensial, analis, fund          potential investors, analysts, fund managers, and the general capital market
manager, dan masyarakat pasar modal secara umum; b. penyusunan                        community; b. preparing quarterly financial performance presentation
materi presentasi kinerja keuangan triwulanan, pelaksanaan analyst                    materials, conducting analyst meetings, and teleconferences; c.
meeting, dan telekonferensi; c. komunikasi kinerja Bank kepada pihak                  communicating the Bank's performance to external parties, such as investors,
eksternal seperti investor, fund manager, dan calon investor potensial; dan           fund managers, and potential investors; and d. maintaining good relations
d. menjaga hubungan baik dengan investor, fund manager, analis, dan                   with investors, fund managers, analysts, and rating agencies.
lembaga pemeringkat.




406 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                   Tata Kelola Perusahaan                     Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis                  Good Corporate Governance                  Sustainability Report                 Audited Financial Report




Sebagai bagian dari Corporate Secretary, Investor Relation Bank Raya                  As part of the Corporate Secretary, Bank Raya's Investor Relation carries
melakukan beragam kegiatan dalam rangka membantu Direksi dan Dewan                    out various activities to assist the Board of Directors and Board of Commissioners
Komisaris dalam pelaksanaan kegiatan komunikasi perusahaan kepada                     in implementing corporate communications with investors. All investors
investor yang dapat diakses melalui website Bank Raya semua investor                  and potential investors can access Bank Raya's website by accessing this
atau calon investor dengan mengakses link ini https://bankraya.co.id/                 link: https://bankraya.co.id/corporate/investor-relations.
corporate/investor-relations.




                                                                           Investor Relation



                              Information of Bank Raya's stock and financial performance




 Choose according to your needs




    Stock Information                       Financial Statements                       Company Achievements                       Investor News

    Monitor Bank Raya's stock               Bank Raya's financial statements are       Presentation materials                     Follow news developments related
    movements, supported by graphics        published annually, quarterly, and         related to Bank Raya's financial           to Bank Raya’s Investors
    and historical data.                    monthly.                                   performance.


              See Details                               See Details                               See Details                                See Details




                                                                                               Laporan Tahunan & Laporan Keberlanjutan
                                                                                                          Annual Report & Sustainability Report   2025 407
Page 408
        Ikhtisar Kinerja                        Laporan Manajemen                    Profil Perusahaan                     Tinjauan Pendukung Bisnis
        Performance Highlights                  Management Report                    Company Profile                       Overview of Business Support Units




Divisi Internal Audit (IAU)
Internal Audit Unit(IAU)

Internal Audit (IAU) memegang peran sebagai Third line of defense dalam        Internal Audit (IAU) plays a role as the Third line of defense in the Bank's
Sistem Pengendalian Intern Bank. Karena itu, harus turut berperan aktif        Internal Control System. Therefore, it must play an active role in continuously
dalam meningkatkan efektivitas Sistem Pengendalian Intern secara               improving the effectiveness of Internal Control System. Internal Audit (IAU)
berkesinambungan. Internal Audit (IAU) berperan dalam memberikan               plays a role in providing assurance based on the audit results that internal
keyakinan berdasarkan hasil pemeriksaan bahwa pengendalian internal            control and implementation of operational activities, accounting, risk
dan pelaksanaan kegiatan operasional, akuntansi, manajemen risiko dan          management, and other Bank activities have been carried out properly
kegiatan Bank lainnya telah terselenggara dengan baik dan mampu                and are able to guarantee the interests of the Bank and stakeholders.
menjamin kepentingan Bank serta stakeholder.

Internal Audit (IAU) memiliki fungsi dan tanggung jawab untuk memastikan       Internal Audit (IAU) has the function and responsibility to ensure and assist
dan membantu Manajemen Bank terkait GCG melalui kajian dan audit               Bank Management regarding GCG through reviewing and auditing the
pelaksanaan kebijakan dan prosedur dalam aktivitas operasional Bank            effective implementation of policies and procedures in Bank’s operations.
yang efektif. Fungsi dan tanggung jawab audit ini wajib diterapkan dan         This audit function and responsibility must be applied and implemented
dilaksanakan dengan prinsip independen.                                        with the principle of independence.



Dasar Hukum Pembentukan
Legal Basis for Establishment

Dalam menjalankan fungsi dan tanggung jawabnya, Internal Audit (IAU)           In carrying out its functions and responsibilities, Internal Audit (IAU) is guided
berpedoman pada POJK No. 1/POJK.03/2019 tentang Penerapan Fungsi               by POJK No. 1/POJK/.03/2019 on the Implementation of Internal Audit
Audit Intern Pada Bank Umum dan POJK No. 56/POJK.04/2015 tentang               Function in Commercial Banks and POJK No. 56/POJK.04/2015 on the
Pembentukan dan Pedoman Penyusunan Piagam Unit Audit. Sejalan                  Establishment and Guidelines for Preparing Internal Audit Unit. In line with
dengan kedua POJK tersebut, Anggaran Dasar dan Kebijakan Umum                  these two POJK, Bank Raya's Articles of Association and General Policy of
Penerapan GCG Bank Raya telah menetapkan pembentukan Satuan                    GCG Implementation have stipulated the establishment of an Internal Audit
Kerja Audit Intern (IAU) oleh Direksi dengan Persetujuan Dewan Komisaris.      Work Unit (IAU) by the Board of Directors with the approval of the Board of
                                                                               Commissioners.
IAU tersebut menjalankan fungsi intern termasuk struktur, wewenang, dan
tugas pokok satuan kerja audit intern serta aspek lain dalam penerapan         IAU carries out internal functions including the structure, authority, and main
fungsi audit intern dilaksanakan sesuai dengan POJK mengenai penerapan         duties of internal audit unit and other aspects in the implementation of
fungsi audit intern pada Bank Umum. Bank Raya melakukan komunikasi             internal audit function, carried out in accordance with POJK on the
dengan OJK paling sedikit 1 (satu) kali dalam 1 (satu) tahun.                  implementation of internal audit function in Commercial Banks. Bank Raya
                                                                               communicates with OJK at least 1 (one) time in 1 (one) year.


Piagam Audit Internal
Internal Audit Charter

Berpedoman pada POJK tersebut diatas, Bank Raya telah memiliki Piagam          Based on the POJK mentioned above, Bank Raya has an Internal Audit
Audit Internal yang terakhir kali ditetapkan melalui Surat Keputusan Direksi   Charter, which was last stipulated through the Board of Directors’ Decision
No. Kpts.B.327/DIR.01.04/PCP/IAU/10/2023 tanggal 31 Oktober 2023               No. Kpts. B.327/ DIR.01.04/ PCP/IAU/10/2023 dated October 31, 2023,
tentang kebijakan Umum Piagam Audit Intern Bank Raya. Piagam Audit             on the General Policy of Bank Raya’s Internal Audit Charter. This Internal
Internal ini merupakan pembaharuan atas Piagam Audit Internal sebelumnya       Audit Charter is an update to the previous Internal Audit Charter stipulated
yang ditetapkan Surat Keputusan Direksi No. Kpts. B.44a/DIR.01.02/OJL/         by the Board of Directors’ Decision No. Kpts.B.44a/ DIR.01.02/OJL/
SKAI/01/2022 tanggal 31 Januari 2022.                                          SKAI/01/2022 dated January 31, 2022.

Piagam Audit Internal merupakan pedoman tata laksana kerja internal            The Internal Audit Charter is a guideline for the Company's internal audit
audit perseroan yang memuat visi dan misi, fungsi dan ruang lingkup kerja,     work procedures that contains the vision and mission, functions and scope
tanggung jawab, kewenangan, akuntabilitas, independensi, dan kode etik         of work, responsibilities, authority, accountability, independence, and code
dari IAU. Piagam audit Internal ditinjau dan diperbarui secara berkala         of ethics of IAU. The Internal Audit Charter is reviewed and updated
sesuai kebutuhan organisasi.                                                   periodically according to the needs of the organization.

Selain itu, Piagam Audit Internal juga mengatur pelaksanaan audit serta        Furthermore, the Internal Audit Charter also regulates the implementation
pedoman untuk memastikan risiko telah diidentifikasi dan dikelola secara       of audits and guidelines to ensure that risks have been identified and
tepat, interaksi dengan berbagai grup governance telah berjalan dengan         managed appropriately, interactions with various governance groups have
baik, informasi penting mengenai keuangan, manajerial dan operasional          been running well, important information regarding finance, management
adalah akurat, dapat dipercaya dan tepat waktu.                                and operations is accurate, reliable, and timely.

Piagam Audit Internal juga memastikan bahwa tindakan pekerja sesuai            The Internal Audit Charter also ensures that employees’ actions are in
dengan kebijakan, hukum dan peraturan yang berlaku, sumber daya                accordance with applicable policies, laws and regulations, resources are
diperoleh secara ekonomis dan digunakan secara efisien serta diproteksi        obtained economically and used efficiently and adequately protected,
dengan memadai, program, rencana dan sasaran tercapai dengan baik,             programs, plans and targets are achieved properly, quality, and continuous
kualitas dan perbaikan berkesinambungan telah melekat di dalam proses          improvement are inherent in Bank Raya's control process. Finally, the Internal
pengendalian Bank Raya. Terakhir, Piagam Audit Internal mematikan              Audit Charter ensures that laws and regulations that significantly affect
bahwa peraturan perundang-undangan yang berpengaruh secara signifikan          Bank Raya are known and complied with properly.
terhadap Bank Raya, diketahui dan dipatuhi secara tepat.




408 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                 Tata Kelola Perusahaan                 Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis                Good Corporate Governance              Sustainability Report                 Audited Financial Report




Tugas dan Tanggung Jawab Audit Internal
Duties and Responsibilities of of Internal Audit

Berpedoman pada Piagam Audit Internal, tugas dan tanggung jawab IAU             Based on the Internal Audit Charter, the duties and responsibilities of Bank
Bank Raya adalah bertanggung jawab atas pelaksanaan Piagam Audit                Raya’s IAU are being responsible for implementing BRI Financial
Internal Konglomerasi Keuangan BRI dan wajib mengimplementasikan                Conglomeration Internal Audit Charter and are required to implement it in
dalam ketentuan audit Internal Bank Raya, menyusun standar pelaksanaan          the provisions of Bank Raya's Internal Audit, preparing standards for
fungsi audit Internal yang paling sedikit mencakup hal-hal yang diatur          implementing Internal Audit functions that at least cover matters regulated
dalam Standar Profesional Audit Internal sebagai pedoman bagi Audit             in the Internal Audit Professional Standards as a guideline for Internal Audit
Internal dalam melaksanakan tugas, menyusun dan melaksanakan rencana            in carrying out tasks, preparing and implementing an annual audit plan for
audit tahunan untuk pelaksanaan fungsi audit Internal berdasarkan penilaian     the implementation of Internal Audit functions based on a comprehensive
risiko secara komprehensif (robust risk assessment), dan membantu tugas         risk assessment (robust risk assessment), and assisting the Board of Directors
Direksi dan Dewan Komisaris dalam melakukan pengawasan dengan                   and Board of Commissioners in carrying out supervision by operationally
cara menjabarkan secara operasional baik perencanaan, pelaksanaan,              describing the planning, implementation, and monitoring of audit results.
maupun pemantauan hasil audit.

IAU Bank Raya juga bertugas menguji dan mengevaluasi pelaksanaan                Bank Raya’s IAU is also tasked with testing and evaluating the implementation
pengendalian internal dan sistem manajemen risiko sesuai dengan kebijakan       of internal control and risk management system in accordance with
perusahaan, mengidentifikasi segala kemungkinan untuk memperbaiki               Company policies, identifying all possibilities to improve and increase the
dan meningkatkan efisiensi penggunaan sumber daya dan dana. IAU                 efficiency of resource and fund use. The Bank’s IAU also makes analysis
Bank juga membuat analisis dan penilaian di bidang keuangan, akuntansi,         and assessment in the fields of finance, accounting, operations, and other
operasional, dan kegiatan lain melalui audit di semua level Unit Kerja          activities through audits at all levels of the Company's Work Unit independently,
perusahaan secara independen, objektif dan profesional serta melakukan          objectively, and professionally and conducts special audit if necessary. In
pemeriksaan khusus apabila diperlukan. Di samping itu, IAU melakukan            addition, IAU conducts examinations and assessments of efficiency and
pemeriksaan dan penilaian atas efisiensi dan efektivitas di bidang keuangan,    effectiveness in the fields of finance, accounting, operations, human
akuntansi, operasional, sumber daya manusia, pemasaran, teknologi               resources, marketing, information technology and other activities.
informasi dan kegiatan lainnya.

Piagam Audit Internal juga menjelaskan tugas Internal Audit untuk               The Internal Audit Charter also explains the duties of Internal Audit to provide
memberikan saran perbaikan dan informasi yang objektif tentang kegiatan         suggestions for improvement and objective information on audited activities
yang diperiksa pada semua tingkatan manajemen, menyusun dan                     at all levels of management, prepare and submit reports to the Board of
menyampaikan laporan kepada Direksi dan Dewan Komisaris, dan kepada             Directors and the Board of Commissioners, and to the Board of Commissioners,
Dewan Komisaris, Komite Audit, dan Direktur yang membawahkan fungsi             Audit Committee, and Director in charge of compliance functions, monitoring,
kepatuhan, memantau, menganalisis dan melaporkan pelaksanaan tindak             analyzing, and reporting the implementation of follow-up for improvements
lanjut perbaikan yang telah disarankan. Selanjutnya, Internal Audit             that have been suggested. Furthermore, the Internal Audit provides consulting
memberikan jasa konsultasi kepada pihak Internal untuk memberikan nilai         services to Internal parties to provide added value and improvements to
tambah dan perbaikan terhadap kualitas pengendalian Internal, pengelolaan       the quality of Internal control, risk management and corporate governance
risiko dan tata kelola perusahaan dengan tetap memperhatikan independensi       while still paying attention to independence and objectivity and paying
dan objektivitas dan memperhatikan tersedianya sumber daya yang                 attention to the availability of adequate resources.
memadai.

Dalam menjalankan tugasnya, Internal Audit juga menjaga hubungan                In carrying out its duties, the Internal Audit also maintains good relations
baik dengan Auditee, Auditor Ekstern dan pihak ketiga, bekerja sama             with Auditees, External Auditors and third parties, collaborates with the
dengan Komite Audit dan unit kerja lain yang melakukan fungsi pengendalian,     Audit Committee and other work units that carry out control functions,
antara lain Manajemen Risiko dan Kepatuhan dengan mengedepankan                 including Risk Management and Compliance by prioritizing the effectiveness
efektivitas fungsi pengendalian, menjadi liaison officer bagi pihak eksternal   of control functions, becoming a liaison officer for external parties of Bank
Bank Raya dalam kaitannya dengan fungsi audit, dan menyusun program             Raya in relation to the audit function, and preparing a program to evaluate
untuk mengevaluasi mutu kegiatan audit internal yang dilakukannya.              the quality of internal audit activities carried out.

Tugas dan tanggung jawab lainnya dari Internal Audit adalah Melakukan           Other duties and responsibilities of the Internal Audit are to carry out special
pemeriksaan khusus apabila diperlukan, berkomunikasi dengan Dewan               audit if necessary, communicate with the Board of Commissioners and the
Komisaris, dan Komite Audit Bank Raya dalam rangka pelaksanaan                  Audit Committee of Bank Raya in the context of implementing supervision
pengawasan di Bank Raya, dan menyampaikan Laporan Pelaksanaan                   at Bank Raya, and submit a Report on the Implementation and Main Results
dan Pokok-Pokok Hasil Audit setiap triwulan dan semesteran, paling lambat       of the Audit every quarter and semester, no later than 30 (thirty) calendar
30 (tiga puluh) hari kalender setelah akhir bulan laporan.                      days after the end of the reporting month.




                                                                                        Laporan Tahunan & Laporan Keberlanjutan
                                                                                                    Annual Report & Sustainability Report   2025 409
Page 410
         Ikhtisar Kinerja                                Laporan Manajemen                                 Profil Perusahaan                  Tinjauan Pendukung Bisnis
         Performance Highlights                          Management Report                                 Company Profile                    Overview of Business Support Units




Struktur Organisasi Internal Audit
Organizational Structure of the Internal Audit

Struktur organisasi Internal Audit Bank Raya yang ditetapkan melalui Surat                          The organizational structure of Bank Raya’s Internal Audit as stipulated
Keputusan Direksi No. Kpts.B.482/DIR.01.02/CMG/12/2024 adalah sebagai                               under the Board of Directors’ Decision No. Kpts.B. 482/DIR.01.02/CMG/12/2024
berikut:                                                                                            is as follows:



                                                                                  Divisi Internal Audit
                                                                                 Internal Audit Division




                                                 Departemen IT & General Audit
                                                 IT & General Audit Department
                                                      Kepala Departemen
                                                      Head of Department




                                                                                                                                                Group Standard &
                    Group General Audit 1            Group General Audit 2         Group General Audit 3               Group IT Audit             Development

                        Group Head                       Group Head                    Group Head                       Group Head                Group Head




                       Team Member                      Team Member                   Team Member                      Team Member                Team Member

                                                                                                                                                     Staf &
                          Auditor                           Auditor                       Auditor                         Auditor
                                                                                                                                                   Pelaksana




Dari bagan di atas, IAU Bank Raya bertanggung jawab langsung kepada                                 From the chart above, Bank Raya's IAU is directly responsible to the President
Direktur Utama serta dapat berkomunikasi langsung dengan Komite Audit                               Director and can communicate directly with the Audit Committee and the
dan Dewan Komisaris akan hal-hal yang terkait dengan pelaksanaan dan                                Board of Commissioners matters related to audit implementation and
hasil audit.                                                                                        results.



Profil Kepala IAU
Profile of the Head of IAU

Kepala IAU Bank Raya dijabat oleh Muhammad Antariksa sejak tanggal                                  The Head of Bank Raya’s IAU has been held by Muhammad Antariksa since
19 Februari 2025 berdasarkan Surat Keputusan Direktur Utama No. Kpts.R.30/                          February 19, 2025, based on the President Director’s Decision No. Kpts.R.30/
Dir.01.04/HCP/02/2025 tanggal 19 Februari 2025 , dan telah mendapat                                 Dir.01.04/HCP/02/2025 dated February 19, 2025, and has received approval
persetujuan Dewan Komisaris. Profil ringkas adalah sebagai berikut:                                 from the Board of Commissioners. The brief profile is as follows




Muhammad Antariksa
Kepala Audit Intern
Head of IAU


Domisili                    Depok
Domicile
Kewarganegaraan             Indonesia
Nationality
Usia                        54 tahun pada akhir tahun buku 2025
Age                         54 years old at the end of fiscal year 2025




 Dasar Hukum Pengangkatan                   SK Dir No. Kpts.R.30/Dir.01.04/HCP/02/2025 tanggal 19 Februari 2025
 Legal Basis for Appointment                Board of Directors’ Decision Letter No. Kpts.R.30/Dir.01.04/HCP/02/2025 dated Februari 19, 2025
 Riwayat Pendidikan                         S1 STMIK - Gunadarma
 Educational background                     Bachelor’s degree from STIMIK - Gunadarma
 Sertifikasi                                QIA, CISA, COBIT
 Certification
 Pengalaman Kerja                           •     Department Head IT Application Audit Department/IAU/Audit Intern (1 Juni 2023 - 31 Jan 2025)
                                            •     Kepala Divisi Internal Audit PT. Bank Raya Indonesia, Tbk. (1 Feb 2025 - now)

                                            •     Department Head, IT Application Audit Department/IAU/Internal Audit (June 1, 2023 - January 31, 2025)
 Work experience                            •     Head of Internal Audit Division, PT. Bank Raya Indonesia, Tbk. (February 1, 2025 - present)



410 PT Bank Raya Indonesia Tbk
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          Analisis dan Pembahasan Manajemen                 Tata Kelola Perusahaan                        Laporan Keberlanjutan                 Laporan Keuangan Audit
          Management Discussion and Analysis                Good Corporate Governance                     Sustainability Report                 Audited Financial Report




Sertifikasi Profesi Personil Internal Audit
Professional Certification of Internal Audit’s Personnel

Internal Audit Bank Raya telah memiliki tenaga audit professional yang                   Bank Raya's Internal Audit is supported by professional audit staff who are
telah bersertifikasi untuk mendukung pelaksanaan tugas audit intern. Per                 certified to support the implementation of internal audit tasks. The list of
31 Desember 2025, personal Internal Audit telah memiliki beragam serifikasi              certifications held by the Bank's Internal Audit personnel as of December
yang dijelaskan pada tabel berikut ini.                                                  31, 2025, is as follows:


                                                           Nama Sertifikasi                                                                  Jumlah Personil IAU
     No
                                                          Certification Name                                                               Number of IAU Personnel

 1         CISA                                                                                                                                        1
 2         COBIT                                                                                                                                       1
 3         QIA                                                                                                                                         2
 4         LSP (Auditor)                                                                                                                               5
 5         PIA (Level 1 & 2)                                                                                                                           1
 6         MR Jenjang 5                                                                                                                               10
           MR Level 5
 7         MR Jenjang 4                                                                                                                                4
           MR Level 4
 8         CAFM                                                                                                                                        1



Rapat Internal Audit
Internal Audit’s Meetings

Secara kumulatif, penyelenggaraan rapat Internal Audit telah dilakukan                   Cumulatively, IAU held 14 (fourteen) meetings during 2025 with the details
sebanyak 14 (empat belas) kali selama tahun 2025 dengan rincian agenda                   of meeting agenda between the Internal Audit with the Board of Directors
rapat antara Internal Audit dengan Direksi dan Komite Audit sebagai berikut:             and the Audit Committee as follows.


                           Tanggal                                                                        Agenda
     No
                            Date                                                                          Agenda

 Rapat IAU dengan Direksi
 IAU's Meeting with the Board of Directors
 1         16 Juni 25                          •    Maturitas Audit Internal
                                               •    Pending temuan audit eksternal

           June 16, 25                         •    Internal Audit Maturity
                                               •    Pending external audit findings
 2         15 September 25                     Pinjaman cash collateral
           September 15, 25                    Cash collateral loans
 3         28 November 25                      Temuan Audit Direktorat Keuangan Tahun 2024 – 2025
           November 28, 25                     Audit Findings of the Finance Directorate for 2024-2025
 4         15 Desember 25                      Pemaparan Risiko Utama Perusahaan secara global
           December 15, 25                     Exposure of the Company's Key Risks Globally
 5         17 Desember 25                      Materi Exit OJK
           December 17, 25                     OJK Exit Material
 Rapat IAU dengan Komite Audit
 IAU's Meeting with the Audit Committee
 1         13 Januari 2025                     Evaluasi kinerja IAU Triwulan IV 2024
           January 13, 2025                    Internal Audit Unit Performance Evaluation, Q4 2024
 2         7 Mei 2025                          Mitigasi & pengelolaan Cyber Risk di Bank Raya
           May 7, 2025                         Cyber Risk Mitigation & Management at Bank Raya
 3         24 Mei 2025                         Evaluasi pelaksanaan tugas IAU Bank Raya Triwulan I 2025
           May 24, 2025                        Evaluation of the Implementation of Internal Audit Unit’s Duties, Q1 2025
 4         28 Mei 2025                         Pembahasan pertemuan dengan OJK
           May 28, 2025                        Meeting Discussion with OJK
 5         21 Juli 2025                        Evaluasi kinerja IAU Triwulan II 2025
           July 21, 2025                       Internal Audit Unit Performance Evaluation, Q2 2025
 6         13 Oktober 2025                     Evaluasi Pokok-Pokok Hasil Audit Triwulan III 2025
           October 13, 2025                    Evaluation of Audit Key Results, Q3 2025
 7         12 November 2025                    Identifikasi risiko dan evaluasi pengendalian intern
           November 12, 2025                   Risk Identification and Internal Control Evaluation
 8         17 Desember 2025                    •    Perencanaan Audit Tahunan 2026
                                               •    Penetapan Risiko Utama Perusahaan Tahun 2026

           December 17, 2025                   •    Annual Audit Planning for 2026
                                               •    Determination of Key Company Risks for 2026
 9         17 Desember 2025                    Materi Exit OJK 2025
           December 17, 2025                   OJK Exit Materials for 2025


                                                                                                    Laporan Tahunan & Laporan Keberlanjutan
                                                                                                              Annual Report & Sustainability Report   2025 411
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        Ikhtisar Kinerja                              Laporan Manajemen                             Profil Perusahaan                       Tinjauan Pendukung Bisnis
        Performance Highlights                        Management Report                             Company Profile                         Overview of Business Support Units




Ruang Lingkup IAU
Scope of IAU

Ruang Lingkup pekerjaan IAU mencakup pemeriksaan dan evaluasi atas                        The scope of IAU’s work includes examining and evaluating the effectiveness
efektivitas dari kecukupan dan efektivitas sistem pengendalian, proses                    of adequacy and effectiveness of control system, risk management process,
manajemen risiko, dan efektivitas tata kelola usaha yang menjadi tanggung                 and effectiveness of business governance that are the responsibility of
jawab Manajemen.                                                                          Management.
1. Pengendalian Intern IAU akan membantu organisasi dalam memelihara                      1. IAU’s Internal Control will assist the organization in maintaining effective
    pengendalian intern yang efektif dengan cara melakukan penilaian                           internal control by assessing:
    atas:
    •     Penilaian Kecukupan Struktur pengendalian untuk menentukan                            •     Assessment of the Adequacy of Control Structure to determine
          sampai seberapa jauh sistem yang telah ditetapkan dapat                                    to what extent the established system can be relied on for its ability
          diandalkan kemampuannya untuk memberikan keyakinan bahwa                                   to provide confidence that the Bank's goals and objectives can
          tujuan dan sasaran bank dapat dicapai ekonomis dan efisien;                                be achieved economically and efficiently;
    •     Penilaian efektivitas Struktur pengendalian Intern untuk menentukan                   •    Assessment of effectiveness of internal control structure to determine
          sejauh mana struktur tersebut sudah berfungsi dengan baik.                                 to what extent the structure is functioning properly.
2. Proses Manajemen Risiko IAU akan membantu organisasi dengan                            2.    IAU’s Risk Management Process will assist the organization by identifying
    cara mengidentifikasikan dan mengevaluasi risiko-risiko signifikan                          and evaluating significant risks and contributing to improving corporate
    dan memberikan kontribusi terhadap peningkatan pengelolaan risiko                           risk management.
    perusahaan.
3. Proses Tata Kelola Usaha (Governance) IAU akan melakukan penilaian,                    3.    IAU’s Governance Process will assess, provide recommendations, and
    memberikan rekomendasi serta berkontribusi dalam proses peningkatan                         contribute to the process of improving business governance with the
    tata kelola usaha dengan lingkup sebagai pengembangan etika dan                             scope as the development of ethics and values in the organization;
    nilai-nilai dalam organisasi;- Pengelolaan kinerja organisasi yang efektif                  effective and accountable management of organizational performance,
    dan akuntabel, mengkomunikasikan seluruh risiko-risiko perusahaan                           communicating all corporate risks and appropriate internal control
    serta pengendalian internal yang tepat dalam organisasi, dan                                within the organization, and coordinating effective communication
    mengkoordinasikan komunikasi yang efektif antara Direksi, Komisaris                         among the Board of Directors, Board of Commissioners, and external
    dan auditor eksternal.                                                                      auditors.
4. Divisi Internal Audit dapat melakukan Reguler Audit, Special Audit,                    4.    The Internal Audit Unit can conduct Regular Audit, Special Audit, and
    dan Fraud Audit/Investigasi.                                                                Fraud Audit/Investigation.
5. Sebagai Strategic Business Partner, Divisi Internal Audit dapat memberikan             5.    As a Strategic Business Partner, the Internal Audit Unit can provide
    layanan konsultasi atas sistem pengendalian intern, manajemen risiko                        consulting services on internal control system, risk management, and
    dan corporate governance yang menjadi ruang lingkup auditnya.                               corporate governance that are within the scope of its audit.
6. Kepala IAU dapat menolak memberikan layanan konsultasi apabila                         6.    The Head of IAU can refuse to provide consulting services if the internal
    auditor intern tidak memiliki kemampuan dan kompetensi yang                                 auditor does not have adequate capabilities and competencies for
    memadai atas materi konsultasi yang diminta.                                                the requested consulting material.



Pengembangan Kompetensi Internal Audit
Internal Audit’s Competency Development

Bank Raya berkomitmen menyediakan beragam program pelatihan dan                           Bank Raya is committed to providing various training and competency
pengembangan kompetensi baik yang diselenggarakan oleh internal                           development programs, both internally and externally, to the IAU. The
Bank atau pihak eksternal kepada IAU. Adapun realisasi partisipasi IAU                    realization of IAU's participation in training and competency development
dalam program pelatihan dan pengembangan kompetensi untuk tahun                           programs for the 2025 financial year is as follows:
buku 2025 adalah sebagai berikut:


                                       Materi Pendidikan dan Pelatihan                                                        Waktu                          Penyelenggara
  No
                                       Education and Training Materials                                                       Time                             Organizer

 1      E-Learning Business Continuity Management (BCM)                                                    1-31 Juli 2025                                Bank Raya
        E-Learning on Business Continuity Management (BCM)                                                 July 1-31, 2025
 2      E-Learning Pedoman Pelaksanaan Penerapan Fungsi Kepatuhan                                          22-31 Juli 2025                               Bank Raya
        E-Learning Guidelines for Implementing the Compliance Function                                     July 22-31, 2025
 3      Inaugurasi & Training Culture Ranger 2025                                                          1 Juli 2025                                   Bank Raya
        Inauguration & Training of Culture Ranger 2025                                                     July 1, 2025
 4      Pembekalan dan Ujian Sertifikasi Manajemen Risiko Jenjang 4 Bagi Relationship Manager (RM)         Pembekalan: 08 s.d 09 Juli 2025               LPPI & LSPP
                                                                                                           Ujian Online: 11 Juli 2025
                                                                                                           Ujian Offline: 18 Juli 2025

        Provision and Exam for Level 4 Risk Management Certification for Relationship Managers (RM)        Briefing: July 8-9, 2025
                                                                                                           Online Exam: July 11, 2025
                                                                                                           Offline Exam: July 18, 2025
 5      Recognition Current Competency (RCC) - Perpanjangan Sertifikat Kompetensi LSP Auditor Internal     23 Juli 2025                                  LSPAI
        Recognition Current Competency (RCC) - Extension of Internal Auditor LSP Competency Certificate    July 23, 2025
 6      Sertifikasi Auditor untuk Pekerja Internal Audit (IAU) Bank Raya                                   Pre-Assesment Sertifikasi: 15 Juli 2025       LSP BRI
                                                                                                           Ujian Sertifikasi: 17-18 Juli 2025

        Auditor Certification for Bank Raya Internal Audit Workers (IAU)                                   Certification Pre-Assessment: July 15, 2025
                                                                                                           Certification Exam: July 17-18, 2025




412 PT Bank Raya Indonesia Tbk
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     Analisis dan Pembahasan Manajemen                       Tata Kelola Perusahaan                    Laporan Keberlanjutan                 Laporan Keuangan Audit
     Management Discussion and Analysis                      Good Corporate Governance                 Sustainability Report                 Audited Financial Report




                                    Materi Pendidikan dan Pelatihan                                                      Waktu                     Penyelenggara
No
                                    Education and Training Materials                                                     Time                        Organizer

7    Sosialisasi Internal Control over Financial Reporting (ICoFR)                                   22 - 23 Juli 2025                         Bank Raya
     Dissemination of Internal Control over Financial Reporting (ICoFR)                              July 22-23, 2025
8    Training Implementasi Teknologi Biometric Identification dalam Keamanan Perbankan               10 s.d 11 Juli 2025                       Lembaga           Pusat
                                                                                                                                               Pengembangan Kajian
                                                                                                                                               Indonesia (LP2KI)

     Training on the Implementation of Biometric Identification Technology in Banking Security       July 10-11, 2025                          Indonesian Research
                                                                                                                                               Development Center
                                                                                                                                               (LP2KI)
9    E-Learning APU, PPT dan PPPSPM                                                                  1-31 Agustus 2025                         Bank Raya
     E-Learning on AML, CTF, and CPF                                                                 August 1-31, 2025
10   E-Learning Business Continuity Management (BCM)                                                 1-31 Agustus 2025                         Bank Raya
     E-Learning on Business Continuity Management (BCM)                                              August 1-31, 2025
11   E-Learning Data Security                                                                        11-31 Agustus 2025                        Bank Raya
     E-Learning on Data Security                                                                     August 11-31, 2025
12   E-Learning Environmental, Social, dan Governance (ESG)                                          1-31 Agustus 2025                         Bank Raya
     E-Learning on Environmental, Social, and Governance (ESG)                                       August 1-31, 2025
13   E-Learning Pedoman Ahli Waris                                                                   1-31 Agustus 2025                         Bank Raya
     E-Learning on Heirs Guidelines                                                                  August 1-31, 2025
14   E-Learning Pedoman Pelaksanaan Penerapan Fungsi Kepatuhan                                       1-31 Agustus 2025                         Bank Raya
     E-Learning on Implementing the Compliance Function                                              August 1-31, 2025
15   E-Learning Pedoman Pelaksanaan Perjalanan Dinas                                                 1-31 Agustus 2025                         Bank Raya
     E-Learning on Guidelines for Implementing Business Travel                                       August 1-31, 2025
16   E-Learning Pedoman Pelaksanaan Pinang Dana Talangan                                             1-31 Agustus 2025                         Bank Raya
     E-Learning on Guidelines for Implementing Pinang Dana Talangan                                  August 1-31, 2025
17   E-Learning Pedoman Pelaksanaan Pinang Flexi                                                     5-31 Agustus 2025                         Bank Raya
     E-Learning on Guidelines for Implementing Pinang Flexi                                          August 5-31, 2025
18   E-Learning Pedoman Pelaksanaan Pinang Flexi Extra                                               1-31 Agustus 2025                         Bank Raya
     E-Learning on Guidelines for Implementing Pinang Flexi Extra                                    August 1-31, 2025
19   E-Learning Pelindungan Data Pribadi (PDP)                                                       1-31 Agustus 2025                         Bank Raya
     E-Learning on Personal Data Protection (PDP)                                                    August 1-31, 2025
20   E-Learning Pemberkasan Dokumentasi Kredit                                                       14-31 Agustus 2025                        Bank Raya
     E-Learning on Credit Documentation Filing                                                       August 14-31, 2025
21   E-Learning Petunjuk Pelaksanaan Segmentasi Dana Korporasi dan Ritel                             1-31 Agustus 2025                         Bank Raya
     E-Learning on Guidelines for Implementing Corporate and Retail Fund Segmentation                August 1-31, 2025
22   E-Learning Prinsip Perlindungan Konsumen                                                        19-31 Agustus 2025                        Bank Raya
     E-Learning on Consumer Protection Principles                                                    August 19-31, 2025
23   E-Learning Standar Operasional Prosedur (SOP) Manajemen Insiden (MI)                            1-31 Agustus 2025                         Bank Raya
     E-Learning on Standard Operating Procedures (SOPs) for Incident Management (MI)                 August 1-31, 2025
24   E-Learning Standar Operasional Prosedur (SOP) Saku Bisnis                                       1-31 Agustus 2025                         Bank Raya
     E-Learning on Standard Operating Procedures (SOPs) for Pocket Business                          August 1-31, 2025
25   E-Learning Whistleblowing System (WBS)                                                          1-31 Agustus 2025                         Bank Raya
     E-Learning on Whistleblowing System (WBS)                                                       August 1-31, 2025
26   E-Learning Kebijakan Umum Layanan Digital                                                       3-30 September 2025                       Bank Raya
     E-Learning on General Policy for Digital Services                                               September 3-30, 2025
27   E-Learning Pedoman Pelaksanaan Pinang Maksima                                                   15-30 September 2025                      Bank Raya
     E-Learning on Guidelines for Implementing Pinang Maksima                                        September 15-30, 2025
28   E-Learning Pemberkasan Dokumentasi Kredit                                                       1-30 September 2025                       Bank Raya
     E-Learning on Credit Documentation Filing                                                       September 1-30, 2025
29   E-Learning Pencegahan Judi Online                                                               09-30 September 205                       Bank Raya
     E-Learning on Online Gambling Prevention                                                        September 9-30, 2025
30   E-Learning Prinsip Pelindungan Konsumen                                                         1-30 September 2025                       Bank Raya
     E-Learning on Consumer Protection Principles                                                    September 1-30, 2025
31   E-Learning Record of Processing Activities (RoPA)                                               17-30 September 2025                      Bank Raya
     E-Learning on Record of Processing Activities (RoPA)                                            September 17-30, 2025
32   Raya Insight Fest - Driving Growth Through Product Innovation                                   23 September 2025                         Bank Raya
     Raya Insight Fest - Driving Growth Through Product Innovation                                   September 23, 2025
33   E-Learning Aset Kripto & Blockchain                                                             2-31 Oktober 2025                         Bank Raya
     E-Learning on Crypto Asset & Blockchain                                                         October 2-31, 2025
34   E-Learning Kebijakan Umum Layanan Digital                                                       1-31 Oktober 2025                         Bank Raya
     E-Learning on General Policy for Digital Services                                               October 1-31, 2025
35   E-Learning Pedoman Pelaksanaan Pinang Maksima                                                   1-31 Oktober 2025                         Bank Raya
     E-Learning on Guidelines for Implementing Penang Maksima                                        October 1-31, 2025
36   E-Learning Record of Processing Activities (RoPA)                                               1-31 Oktober 2025                         Bank Raya
     E-Learning on Record of Processing Activities (RoPA)                                            October 1-31, 2025
37   E-Learning SOP Saku Personal Digital Saving                                                     3-31 Oktober 2025                         Bank Raya
     E-Learning on SOP for Personal Digital Savings Pocket                                           October 1-31, 2025
38   E-Learning SOP Third Party Risk Management (TPRM)                                               2-31 Oktober 2025                         Bank Raya
     E-Learning on SOP for Third Party Risk Management (TPRM)                                        October 2-31, 2025




                                                                                                 Laporan Tahunan & Laporan Keberlanjutan
                                                                                                           Annual Report & Sustainability Report   2025 413
Page 414
       Ikhtisar Kinerja                                Laporan Manajemen                          Profil Perusahaan                 Tinjauan Pendukung Bisnis
       Performance Highlights                          Management Report                          Company Profile                   Overview of Business Support Units




                                        Materi Pendidikan dan Pelatihan                                                    Waktu                   Penyelenggara
 No
                                        Education and Training Materials                                                   Time                      Organizer

 39    In House Training Internal Control for Financial Reporting (ICoFR)                                14 Oktober 2025                       Bank Raya
       In-House Training in Internal Control for Financial Reporting (ICoFR)                             October 14, 2025
 40    Pelaksanaan Seminar Environmental, Social, and Governance (ESG) Tahun 2025                        23 Oktober 2025                       Bank Raya
       Environmental, Social, and Governance (ESG) Seminar Implementation in 2025                        October 23, 2025
 41    Pelatihan Audit Forensik dan Deteksi Korupsi pada Korporasi BUMN/BUMD & Anak Usaha                08 Oktober 2025                       Lembaga Informasi
       Training on Forensic Audit and Corruption Detection for State-Owned Enterprises (BUMN/BUMD)       October 8, 2025                       Kebijakan Nasional
       and Subsidiaries
 42    Raya Insight Fest - Mindfull Growth: Embracing Change, Empowering Transformation                  24 Oktober 2025                       Bank Raya
       Raya Insight Fest - Mindful Growth: Embracing Change, Empowering Transformation                   October 24, 2025
 43    Workshop: Implementasi Internal Control over Financial Reporting (ICoFR)                          15-16 Oktober 2025                    IIA Indonesia
       Workshop: Implementation of Internal Control over Financial Reporting (ICoFR)                     October 15-16, 2025
 44    Workshop Risk Control Matrix (RCM) Internal Audit                                                 3 Oktober 2025                        Bank Raya
       Workshop of Internal Audit Risk Control Matrix (RCM)                                              October 3, 2025
 45    Workshop Self Service Data Analytics (SSDA)                                                       14 November 2025                      Bank Raya
       Workshop of Self-Service Data Analytics (SSDA)                                                    November 14, 2025
 46    Pelatihan Information System Audit Masterclass (CISA Refreshment for Executive)                   11 s.d 13 November 2025               Inixindo
       Training on Information System Audit Masterclass (CISA Refreshment for Executives)                November 11-13, 2025
 47    Undangan Sosialisasi Laporan Hasil Penilaian Kepatuhan (LHPK) Sistem Pembayaran dan Financial     26 November 2025                      Bank Indonesia
       Market Infrastructure Bank Indonesia serta Kantor Pengelola Daftar Hitam Nasional Tahun 2025

       Invitation to Disseminate the Payment System Compliance Assessment Report (LHPK) and Financial    November 26, 2025
       Market Infrastructure of Bank Indonesia and the 2025 National Blacklist Management Office
 48    E-Learning Aset Kripto & Blockchain                                                               1 s.d 30 November 2025                Bank Raya
       E-Learning on Crypto Asset & Blockchain                                                           November 1 to 30, 2025
 49    E-Learning Business Continuity Management (BCM)                                                   01 s.d 30 November 2025               Bank Raya
       E-Learning on Business Continuity Management (BCM)                                                November 1 to 30, 2025
 50    E-Learning Environmental, Social, dan Governance (ESG)                                            01 s.d 30 November 2025               Bank Raya
       E-Learning on Environmental, Social, and Governance (ESG)                                         November 1 to 30, 2025
 51    E-Learning Kebijakan Umum Layanan Digital                                                         01 s.d 30 November 2025               Bank Raya
       E-Learning on General Policy for Digital Services                                                 November 1 to 30, 2025
 52    E-Learning Kebijakan Umum Penerapan Tata Kelola Perusahaan yang Baik (GCG)                        01 s.d 30 November 2025               Bank Raya
       E-Learning on General Policy for Implementing Good Corporate Governance (GCG)                     November 1 to 30, 2025
 53    E-Learning Pedoman Pelaksanaan Pinang Dana Talangan                                               01 s.d 30 November 2025               Bank Raya
       E-Learning on Guidelines for Implementing Pinang Dana Talangan                                    November 1 to 30, 2025
 54    E-Learning Pedoman Pelaksanaan Pinang Maksima                                                     01 s.d 30 November 2025               Bank Raya
       E-Learning on Guidelines for Implementing Pinang Maksima                                          November 1 to 30, 2025
 55    E-Learning Petunjuk Pelaksanaan Segmentasi Dana Korporasi dan Ritel                               01 s.d 30 November 2025               Bank Raya
       E-Learning on Guidelines for Implementing Corporate and Retail Fund Segmentation                  November 1 to 30, 2025
 56    E-Learning Prinsip Pelindungan Konsumen                                                           01 s.d 30 November 2025               Bank Raya
       E-Learning on Consumer Protection Principles                                                      November 1 to 30, 2025
 57    E-Learning SOP Saku Personal Digital Saving                                                       01 s.d 30 November 2025               Bank Raya
       E-Learning on SOP for Personal Digital Savings Pocket                                             November 1 to 30, 2025
 58    E-Learning Standar Operasional Prosedur (SOP) Manajemen Insiden (MI)                              01 s.d 30 November 2025               Bank Raya
       E-Learning on Standard Operating Procedures (SOPs) for Incident Management (MI)                   November 1 to 30, 2025
 59    E-Learning Standar Operasional Prosedur (SOP) Saku Bisnis                                         01 s.d 30 November 2025               Bank Raya
       E-Learning on Standard Operating Procedures (SOPs) for Business Pockets                           November 1 to 30, 2025
 60    E-Learning Strategi Anti Fraud                                                                    01 s.d 30 November 2025               Bank Raya
       E-Learning on Anti-Fraud Strategy                                                                 November 1 to 30, 2025
 61    E-Learning SOP Manajemen Vendor                                                                   01 s.d 30 November 2025               Bank Raya
       E-Learning on SOP for Vendor Management                                                           November 1 to 30, 2025
 62    E-Learning Sistem Manajemen Anti Penyuapan (SMAP)                                                 01 s.d 30 November 2025               Bank Raya
       E-Learning on Anti-Bribery Management System (SMAP)                                               November 1 to 30, 2025
 63    E-Learning SOP Pembukaan Rahasia Bank                                                             01 s.d 30 November 2025               Bank Raya
       E-Learning on SOP for Disclosure of Bank Secrecy                                                  November 1 to 30, 2025




Pelaksanaan Tugas Internal Audit
Implementation of Internal Audit’s Duties

Selama tahun 2025, implementasi tugas dan tanggung jawab IAU diwujudkan                     Implementation of IAU’s duties and responsibilities in 2025 included audit
dalam kegiatan audit dan non audit yang dijelaskan pada tabel berikut                       and non-audit activities as described in the following table:
ini:




414 PT Bank Raya Indonesia Tbk
Page 415
        Analisis dan Pembahasan Manajemen                       Tata Kelola Perusahaan                        Laporan Keberlanjutan                       Laporan Keuangan Audit
        Management Discussion and Analysis                      Good Corporate Governance                     Sustainability Report                       Audited Financial Report




Pelaksanaan kegiatan audit IAU 2025                                                         Implementation of IAU’s audit activities 2025

                                                                                                                          Realisasi Audit 2025
                                           Total Unit Kerja/       Total PAT 2025                                        2025 Audit Realization
                    Unit Kerja                  Aplikasi               (Revisi)                             % Realisasi          Spesial                       % Realisasi Reguler
 No
                    Work unit              Total Work Units/       Total PAT 2025       Reguler Audit     Reguler Thd Pat         Audit           Total         Dan Sa Thd PAT
                                             Applications             (Revised)         Regular Audit         Regular            Special          Total       % Regular Realization
                                                                                                          Realization to Pat      Audit                          And Sa to PAT
1        Divisi/Desk                               19                       6                   6                100%               -              6                    100%
         Division/Desk
2        Community Branch                          23                      16                 16                 100%               1             17                    106%
3        Kantor Kas                                 2                       2                   2                100%               -              2                    100%
         Cash Office
4        Compulsory                                 4                       4                   4                100%               -              4                    100%
5        Audit TI                                  78                       5                   5                100%               1              6                    120%
         IT Audit
6        Tematik Audit                              0                       6                   6                100%               1              7                    117%
         Thematic Audit
Total                                                                      39                 39                 100%               3             42                   107,7%
Total



Pelaksanaan kegiatan non-audit IAU 2025                                                     Implementation of IAU’s non-audit activities 2025

                                                               Aktivitas                                                                           Pelaksanaan
 No
                                                               Activity                                                                           Implementation

1       Peer Review Triwulan IV 2024                                                                                             13 – 26 Maret 2025
        Peer Review, Quarter IV 2024                                                                                             March 13-26, 2025
2       Ranger Improvement Forum Direktorat Utama 2025                                                                           14-15 Februari 2025
        Ranger Improvement Forum, Main Directorate 2025                                                                          February 14-15, 2025
3       Sharing Session terkait Audit ICOFR                                                                                      27 Februari 2025
        Sharing Session on ICOFR Audit                                                                                           February 27, 2025
4       Auditor Mengajar di CB yang diaudit: Pekanbaru, Solo, Jogja, Bekasi, Denpasar, Palembang, Makassar, Surabaya, Lampung,   Januari – November 2025
        Medan, Jakarta Warung Jati, Jakarta Menara Brillian

        Auditors Teaching at Audited CBs: Pekanbaru, Solo, Jogja, Bekasi, Denpasar, Palembang, Makassar, Surabaya,               January – November 2025
        Lampung, Medan, Jakarta Warung Jati, Jakarta Menara Brillian
5       SBP - Management Letter: Perangkat Proswitching dan Payment Gateway                                                      11 Maret 2025
        SBP - Management Letter: Proswitching and Payment Gateway Devices                                                        March 11, 2025
6       Reminder Risk Awareness                                                                                                  Januari – April 2025
        Risk Awareness Reminder                                                                                                  January – April 2025
7       Training Phyton for Data Science                                                                                         17 Maret – 16 Mei 2025
        Phyton Training for Data Science                                                                                         March 17 – May 16, 2025
8       Peer Review Triwulan I 2025                                                                                              16 Mei – 5 Juni 2025
        Peer Review, Quarter I 2025                                                                                              May 16 – June 5, 2025
9       Pengembangan BRISMA dan implementasi POJK 3-                                                                             23 April 2025
        BRISMA Development and Implementation of POJK 3-                                                                         April 23, 2025
10      Presentasi RSM GIASS                                                                                                     26 April 2025
        Presentation on RSM GIASS                                                                                                April 26, 2025
11      Sharing Session Vintage Analysis Dashboard simple                                                                        6 Mei 2025
        Sharing Session: Vintage Analysis Dashboard Simple                                                                       May 6, 2025
12      Raya Risk Talk                                                                                                           Mei – Desember 2025
        Raya Risk Talk                                                                                                           May – December 2025
13      Diskusi Lingkup Audit Calon Vendor audit MRSI dan Keamanan Ketahanan Siber                                               Juni 2025
        Discussion on Audit Scope of Prospective MRSI and Cybersecurity Audit Vendors                                            June 2025
14      Liaison Officer/pendampingan audit eksternal MRSI dan KKS oleh PT BDO Indonesia                                          Agustus – November 2025
        Liaison Officer/External Audit Mentoring for MRSI and KKS by PT BDO Indonesia                                            August – November 2025
15      Peer Review Triwulan II dan III 2025                                                                                     November 2025
        Peer Review, Quarter II and III 2025                                                                                     November 2025
16      Deployment FRA 006 – 011                                                                                                 April – Desember 2025
        Deployment FRA 006-011                                                                                                   April – December 2025
17      Rapat dengan Komite Audit                                                                                                Januari – Desember 2025
        Meeting with the Audit Committee                                                                                         January – December 2025
18      Management Letter terkait QRIS Acquiring                                                                                 Oktober 2025
        Management Letter regarding QRIS Acquiring                                                                               October 2025
19      Workshop Internal terkait RCM Update Audit TI                                                                            Oktober 2025
        Internal Workshop regarding IT Audit RCM Update                                                                          October 2025
20      Sosialisasi BRI terkait Pedoman penyusunan PAT 2026                                                                      12 November 2025
        BRI Dissemination regarding Guidelines for Preparing PAT 2026                                                            November 12, 2025
21      Liaison Officer Audit OJK 2025 Bank Raya                                                                                 18 September – 18 Desember 2025
        OJK Audit Liaison Officer 2025 Bank Raya                                                                                 September 18 – December 18, 2025
22      Workshop Internal terkait Penyusunan PAT 2026                                                                            4 Desember 2025
        Internal Workshop regarding Preparing PAT 2026                                                                           December 4, 2025
23      Integrated Internal Audit Forum (IIAF) (sesi Bank Raya)                                                                  23 Desember 2025
        Integrated Internal Audit Forum (IIAF) (Bank Raya session)                                                               December 23, 2025


                                                                                                     Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                   Annual Report & Sustainability Report       2025 415
Page 416
        Ikhtisar Kinerja                       Laporan Manajemen                    Profil Perusahaan                     Tinjauan Pendukung Bisnis
        Performance Highlights                 Management Report                    Company Profile                       Overview of Business Support Units




Fungsi Kepatuhan
Compliance Function

Selain IAU, berdasarkan Anggaran Dasar, Kebijakan Umum Penerapan              In addition to IAU, based on Bank Raya's Articles of Association, General
GCG, dan Piagam Direksi Bank Raya, Direksi berkewajiban untuk membentuk       Policy on GCG Implementation, and the Board of Directors Charter, the
Satuan Kerja Kepatuhan atau Fungsi Kepatuhan dalam rangka penerapan           Board of Directors is required to form a Compliance Unit or Compliance
Tata Kelola yang Baik pada Bank. Fungsi Kepatuhan ini diketuai oleh           Function in order to implement Good Governance at the Bank. This
Pejabat satu tingkat di bawah Direksi. Fungsi Kepatuhan, sebagaimana          Compliance Function is led by an Official of one level below the Board of
diatur dalam POJK No. 46/POJK.03/2017 tentang Pelaksanaan Fungsi              Directors. The Compliance Function, as regulated in POJK No. 46/
Kepatuhan Bank Umum, adalah serangkaian tindakan atau langkah-                POJK.03/2017 on the Implementation of Compliance Function for Commercial
langkah yang bersifat preventif (ex-ante) untuk memastikan bahwa              Banks, is a series of preventive actions or steps (ex-ante) to ensure that
kebijakan, ketentuan, sistem, dan prosedur, serta kegiatan usaha yang         policies, provisions, systems, and procedures, as well as business activities
dilakukan oleh Bank telah sesuai dengan ketentuan Otoritas Jasa Keuangan      carried out by the Bank are in accordance with the provisions of Financial
dan ketentuan peraturan perundang-undangan serta memastikan kepatuhan         Services Authority and the provisions of laws and regulations and ensure
Bank terhadap komitmen yang dibuat oleh Bank kepada Otoritas Jasa             the Bank's compliance with the commitments made by the Bank to the
Keuangan dan/atau otoritas pengawas lain yang berwenang.                      Financial Services Authority and/or other authorized supervisory authorities.



Dasar Hukum Pembentukan
Legal Basis for Establishment

Berpedoman POJK No. 46/POJK.03/2017, Anggaran Dasar, Kebijakan                Guided by POJK No. 46/POJK.03/2017, Articles of Association, General
Umum Penerapan GCG, dan Piagam Direksi Bank Raya yang mewajibkan              Policy on GCG Implementation, and Board of Directors Charter of Bank
pembentukan Fungsi Kepatuhan, Bank Raya telah membentuk Fungsi                Raya, which require the establishment of a Compliance Function, Bank
Kepatuhan yang ditetapkan melalui Keputusan Direksi Bank Raya No. Kpts:       Raya has established a Compliance Function, stipulated through Bank
B.85/Dir.01.02/CMG/04/2025 tanggal 30 April 2025 tentang Struktur             Raya’s Board Directors’ Decision Letter No. Kpts: B.85/Dir.01.02/CMG/04/2025
Organisasi dan Formasi Divisi Legal & Compliance, Penerbitan SK Direksi       dated April 30, 2025, on the Organizational Structure and Formation of
ini sebagai pembaharuan atas Surat Keputusan Direksi Bank Raya No.            Legal & Compliance Division. The issuance of this Board of Directors’ Decision
Kpts. B.237/DIR.01.03/CMG/07/2023 tanggal 31 Juli 2023 tentang                Letter is an update to Bank Raya’s Board of Directors’ Decision Letter No.
Penyesuaian Kembali Struktur Organisasi dan Formasi Divisi Legal &            Kpts. B.237/DIR.01.03/CMG/07/2023 dated July 31, 2023, on the Re-
Compliance PT Bank Raya Indonesia Tbk.                                        adjustment of Organizational Structure and Formation of Legal & Compliance
                                                                              Division of PT Bank Raya Indonesia Tbk.



Piagam Fungsi Kepatuhan
Compliance Function Charter

Sebagai bentuk kepatuhan Bank terhadap ketentuan OJK tersebut, Bank           As a form of the Bank's compliance with OJK provisions, Bank Raya has had
Raya telah mempunyai Piagam Fungsi Kepatuhan sebagaimana diatur               a Compliance Function Charter as stipulated in Circular No. SE.B.29/Dir.01.04/
dalam Surat Edaran No. SE.B.29/Dir.01.04/PCP/LCA/06/2025 tanggal 24           PCP/LCA/06/2025 dated June 24, 2025, on Guidelines for Implementing
Juni 2025 tentang Pedoman Pelaksanaan Penerapan Fungsi Kepatuhan.             Compliance Function. This Compliance Function Charter regulates a number
Dalam Piagam Fungsi Kepatuhan ini mengatur sejumlah hal penting antara        of important matters, including the implementation of compliance function,
lain pelaksanaan fungsi kepatuhan, program kerja kepatuhan, sarana            compliance work programs, compliance facilities, improvement of effectiveness
kepatuhan, peningkatan efektivitas pelaksanaan fungsi kepatuhan, dan          of implementation of compliance function, and general guidelines for
pedoman umum pelaksanaan tugas dan fungsi kepatuhan di seluruh unit           implementing compliance duties and functions in all work units.
kerja.

Fungsi Kepatuhan melakukan pengujian prinsip kehati-hatian terhadap           The Compliance Function conducts prudential principle testing on Credit
putusan Kredit dan non Kredit, rencana Kebijakan Kredit dan non Kredit        and non-Credit decisions, Credit and non-Credit Policy plans and Cooperation
serta rencana perjanjian Kerja sama yang ditandatangani Direksi yang          agreement plans signed by the Board of Directors, which in its implementation
dalam pelaksanaannya berpedoman pada Surat edaran Direksi No.                 is guided by the Board of Directors’ Circular No. SE.B.44/DIR.01.02/
SE.B.44/DIR.01.02/KRH/04/2019 tanggal 30 April 2019 tentang pengujian         KRH/04/2019 dated April 30, 2019, on prudential principle testing on Policy
prinsip kehati-hatian terhadap rencana Kebijakan dan atau Keputusan           plans and/or Board of Directors’ Decisions and monitoring of Follow-up on
Direksi Serta pemantauan tindak Lanjut Hasil pengujian oleh Direktur          Test Results by the Compliance Director of Bank Raya.
Kepatuhan Bank Raya.



Tugas dan Tanggung Jawab Fungsi Kepatuhan
Duties and Responsibilities of the Compliance Function

Sebagaimana ditetapkan dalam Piagam Fungsi Kepatuhan, tugas dan               As stipulated in the Compliance Function Charter, the duties and responsibilities
tanggung jawab fungsi kepatuhan adalah membuat langkah untuk                  of the compliance function are to take steps to support the creation of a
mendukung terciptanya Budaya Kepatuhan pada seluruh kegiatan usaha            Compliance Culture in all Bank business activities at every level of the
Bank pada setiap jenjang organisasi dan melakukan identifikasi, pengukuran,   organization and to identify, measure, monitor and control Compliance
pemantauan dan pengendalian terhadap risiko Kepatuhan dengan                  risks by referring to OJK provisions governing the implementation of risk
mengacu pada ketentuan OJK yang mengatur mengenai penerapan                   management for commercial banks.
manajemen risiko bagi bank umum.

Fungsi Kepatuhan juga menilai dan mengevaluasi efektivitas, kecukupan         The Compliance Function also assesses and evaluates the effectiveness,
dan kesesuaian kebijakan, ketentuan, sistem maupun prosedur yang dimiliki     adequacy, and suitability of policies, provisions, systems and procedures
oleh Bank dengan ketentuan peraturan perundang-undangan. Selain itu,          owned by the Bank with the provisions of laws and regulations. In addition,
fungsi ini juga melakukan kaji ulang dan/atau merekomendasikan pembaruan      this function also reviews and/or recommends updates and improvements




416 PT Bank Raya Indonesia Tbk
Page 417
          Analisis dan Pembahasan Manajemen                          Tata Kelola Perusahaan                          Laporan Keberlanjutan                  Laporan Keuangan Audit
          Management Discussion and Analysis                         Good Corporate Governance                       Sustainability Report                  Audited Financial Report




dan penyempurnaan kebijakan, ketentuan, sistem maupun prosedur yang                               to policies, provisions, systems, and procedures owned by the Bank to
dimiliki oleh Bank agar sesuai dengan ketentuan OJK dan ketentuan                                 comply with OJK provisions and statutory provisions.
peraturan perundang-undangan.

Terakhir, Fungsi Kepatuhan melakukan upaya untuk memastikan bahwa                                 Finally, the Compliance Function makes efforts to ensure that the Bank's
kebijakan, ketentuan, sistem dan prosedur serta kegiatan usaha Bank telah                         policies, provisions, systems and procedures and business activities are in
sesuai dengan ketentuan OJK dan ketentuan perundang-undangan.                                     accordance with OJK provisions and statutory provisions.



Struktur Organisasi Fungsi Kepatuhan
Compliance Function’s Organizational Structure

Direktur Enterprise Risk Management, Compliance & Human Resource                                  The Director of Enterprise Risk Management, Compliance & Human Resources
yang membawahi Divisi Legal & Compliance melaksanakan Fungsi                                      who oversees the Legal & Compliance Division carries out Bank Raya’s
Kepatuhan Bank Raya didukung oleh struktur organisasi yang memadai                                Compliance Function, supported by an adequate organizational structure
sebagaimana yang ditetapkan dalam Keputusan Direksi Surat Bank Raya                               as stipulated in Bank Raya’s Board of Directors’ Decision Letter No. Kpts:
No.Kpts: B.85/Dir.01.02/CMG/04/2025 tanggal 30 April 2025 tentang                                 B.85/Dir.01.02/CMG/04/2025 dated April 30, 2025, on the Organizational
Struktur Organisasi dan Formasi Divisi Legal & Compliance sebagai berikut:                        Structure and Formation of Legal & Compliance Division as follows:



                                                                                  Divisi Legal & Compliance
                                                                                 Legal & Compliance Division
                                                                                       Kepala Divisi
                                                                                      Head of Division




                                                                                                                      Departemen Compliance
                                                                                                                      Compliance Department
                                                                                                                        Kepala Departemen
                                                                                                                        Head of Department




                                                                                                                              Bagian
                 Bagian Legal Specialist       Bagian Legal Corporate               Bagian Credit & GCG                                              Bagian Non Credit & PBB
                                                                                                                       Anti Money Laundering

                     Kepala Bagian                 Kepala Bagian                       Kepala Bagian                      Kepala Bagian                  Kepala Bagian




                     Team Member                   Team Member                         Team Member                         Team Member                   Team Member


                    Staf & Pelaksana              Staf & Pelaksana                    Staf & Pelaksana                   Staf & Pelaksana               Staf & Pelaksana




Profil Kepala Fungsi Kepatuhan
Profile of the Head of Compliance Function

Profil Direktur Enterprise Risk Management, Compliance & Human Resource                           The profile of Director of Enterprise Risk Management, Compliance & Human
yang membawahkan Fungsi Kepatuhan dan membentuk satuan kerja                                      Resources who oversees the Compliance Function and forms the compliance
kepatuhan dapat dilihat di bab profil Perusahaan dari laporan tahunan                             work unit can be seen in the Company profile chapter of this annual report.
ini.



Independensi Direktur Kepatuhan
Independence of the Compliance Director

Direktur Enterprise Risk Management yang bertanggung jawab atas                                   The Director of Enterprise Risk Management, who is responsible for managing
pengelolaan fungsi kepatuhan telah memenuhi kriteria independensi                                 the compliance function has met the independence criteria as stipulated
sebagaimana diatur dalam pasal 7 POJK No. 46/POJK.03/2017 sebagai                                 in Article 7 of POJK No. 46/POJK.03/2017 as follows:
berikut:


                                                                         Kriteria Independensi                                                                             √ atau x
     No
                                                                        Independence Criteria                                                                               √ or x

 1         Tidak rangkap jabatan dan hubungan afiliasi.                                                                                                                        √
           No concurrent positions or affiliations.
 2         Tidak memiliki hubungan keuangan, kepengurusan, kepemilikan saham, dan/atau hubungan keluarga dengan anggota Dewan Komisaris,                                       √
           Direksi, dan pemegang saham pengendali

           Does not have any financial, management, share ownership and/or family relationships with members of the Board of Commissioners, Board
           of Directors and controlling shareholders.




                                                                                                               Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                         Annual Report & Sustainability Report      2025 417
Page 418
          Ikhtisar Kinerja                               Laporan Manajemen                             Profil Perusahaan                        Tinjauan Pendukung Bisnis
          Performance Highlights                         Management Report                             Company Profile                          Overview of Business Support Units




                                                                        Kriteria Independensi                                                                          √ atau x
     No
                                                                       Independence Criteria                                                                            √ or x

 3         Direktur yang membawahkan Fungsi Kepatuhan tidak membawahkan fungsi:                                                                                            √
           The Director in charge of the Compliance Function does not have the following functions:
           a.      Bisnis dan operasional                                                                                                                                  √
                   Business and operations
           b.      Manajemen risiko yang melakukan pengambilan keputusan bagi kegiatan usaha Bank.                                                                         √
                   Risk management that makes decisions for the Bank's business activities.
           c.      Treasury                                                                                                                                                √
                   Treasury
           d.      Keuangan dan Akuntansi                                                                                                                                  √
                   Finance and Accounting
           e.      Logistik dan pengadaan barang dan jasa.                                                                                                                 √
                   Logistics and procurement of goods and services.
           f.      Teknologi dan informasi.                                                                                                                                √
                   Technology and information
           g.      Audit Intern                                                                                                                                            √
                   Internal Audit




Sertifikasi Profesi Fungsi Kepatuhan
Compliance Function’s Professional Certification

Fungsi Kepatuhan Bank Raya memiliki sejumlah tenaga professional yang                           Bank Raya's Compliance Function is supported by professional personnel
telah bersertifikasi guna mendukung pelaksanaan tugas fungsi kepatuhan di                       who have been certified to support the implementation of compliance
lingkungan Bank. Tabel di bawah ini menjelaskan sertifikasi profesi yang                        function duties within the Bank. The list of certifications held by Bank
dimiliki personel Fungsi Kepatuhan Bank per 31 Desember 2025.                                   Compliance Function personnel as of December 31, 2025, is as follows:


                                                    Nama Sertifikasi                                                             Jumlah Personil Fungsi Kepatuhan
     No
                                                   Certification Name                                                         Number of Compliance Function Personnel

 1         Sertifikasi Kepatuhan                                                                                                                     6
           Compliance Certification
 2         Sertifikasi Manajemen Risiko                                                                                                              5
           Risk Management Certification




Pengembangan Kompetensi Fungsi Kepatuhan
Compliance Function’s Competency Development

Sejalan dengan satuan kerja lainnya, Bank Raya juga menyediakan                                 Like other work units, Bank Raya also provides opportunities for the Compliance
program pelatihan dan pengembangan kompetensi, baik yang                                        Function to participate in training and competency development programs,
diselenggarakan oleh internal Bank atau pihak eksternal kepada Fungsi                           either organized by the Bank internally or organized by external parties.
Kepatuhan. Adapun realisasi program pelatihan dan pengembangan                                  The training and competency development programs participated in by
kompetensi yang telah diikuti oleh Fungsi Kepatuhan selama tahun 2025                           the Compliance Function are as follows:
adalah sebagai berikut:


                 Jenis Pelatihan                                      Materi Pendidikan dan Pelatihan                                   Tempat dan Waktu             Penyelenggara
                Types of Training                                     Education and Training Materials                                    Place and Time               Organizer

 Pengembangan Kompetensi Lainnya             E-Learning Pedoman Pelaksanaan Penerapan Fungsi Kepatuhan                                Online Training               Bank Raya
 Other Competency Development                E-Learning on Guidelines for Implementing Compliance Function
 Pengembangan Kompetensi Lainnya             E-Learning Kebijakan Umum Penerapan Tata Kelola Perusahaan yang Baik (GCG)               Online Training               Bank Raya
 Other Competency Development                E-Learning on General Policy for Implementing Good Corporate Governance (GCG)
 Pengembangan Kompetensi Lainnya             E-Learning Sistem Manajemen Anti Penyuapan (SMAP)                                        Online Training               Bank Raya
 Other Competency Development                E-Learning on Anti-Bribery Management System (ABMS)
 Sertifikasi Kepatuhan                       Materi Kepatuhan                                                                         Bank Raya, Menara Brilian     LSPP
 Compliance Certification                    Compliance Material                                                                      Bank Raya, Brilliant Tower

 Awareness Training: dalam rangka            Sistem Manajemen Mutu (SMM) yang menetapkan persyaratan agar organisasi secara           Bank Raya, Menara Briilian    Roberre
 Surveillance ISO 9001: 2015 Sistem          konsisten menyediakan produk/jasa berkualitas, meningkatkan kepuasan pelanggan,          Tanggal 3 Oktober 2025
 Manajemen Mutu Audit tahun 2025             dan melakukan perbaikan berkelanjutan

                                             The Quality Management System (QMS) establishes requirements for the organization        Bank Raya, Brilliant Tower,
                                             to consistently provide quality products/services, increase customer satisfaction, and   October 3, 2025
                                             implement continuous improvement.




418 PT Bank Raya Indonesia Tbk
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        Analisis dan Pembahasan Manajemen                         Tata Kelola Perusahaan                          Laporan Keberlanjutan                     Laporan Keuangan Audit
        Management Discussion and Analysis                        Good Corporate Governance                       Sustainability Report                     Audited Financial Report




             Jenis Pelatihan                                          Materi Pendidikan dan Pelatihan                                    Tempat dan Waktu              Penyelenggara
            Types of Training                                         Education and Training Materials                                     Place and Time                Organizer

 Awareness Training dalam rangka             Sistem Manajemen Anti Penyuapan Bank meliputi proses pengadaan barang dan                 Bank Raya, Menara Brilian     Roberre
 Surveillance Audit tahun 2025 Sertifikasi   jasa di Divisi Finance & Asset Management- Bagian General dan Logistik serta Bagian       Tanggal 9 Oktober 2025
 ISO 37001:2016 Sistem Manajemen Anti        IT Procurement dengan Unit Kerja pendukung, diantaranya yaitu Divisi Human
 Penyuapan                                   Capital, Divisi Legal & Compliance, Divisi Enterprise Risk Management serta Internal
                                             Audit/Satuan Kerja Audit Intern (IAU)

 Awareness Training for the 2025             The Bank's Anti-Bribery Management System covers the procurement of goods and             Bank Raya, Brilliant Tower,
 Surveillance Audit of ISO 37001:2016        services in the Finance & Asset Management Division, General and Logistics Division,      October 9, 2025
 Anti-Bribery Management System              and the IT Procurement Division, along with supporting work units, including the Human
 Certification                               Capital Division, Legal & Compliance Division, Enterprise Risk Management Division,
                                             and Internal Audit/Internal Audit Unit (IAU).




Pelaksanaan Tugas Fungsi Kepatuhan
Implementation of Compliance Function’s Duties

Dalam rangka mendukung terciptanya budaya kepatuhan pada seluruh                               To support the creation of compliance culture in all Bank’s business activities
kegiatan usaha Bank pada setiap jenjang organisasi, Direktur yang                              at every organizational level, the Director in charge of compliance function,
membawahkan fungsi kepatuhan yang didukung oleh satuan kerja                                   supported by the compliance unit, carried out various activities throughout
kepatuhan telah menjalankan beragam kegiatan selama tahun 2025.                                2025. The implementation of duties and responsibilities through education
Implementasi tugas dan tanggung jawab melalui pendidikan atau sosialisasi                      or dissemination of compliance, dissemination of implementation of AML,
bidang kepatuhan, sosialisasi penerapan program APU, PPT dan PPPSPM,                           CFT, and CPF programs, and others in 2025 are as follows:
dan lain-lain selama tahun 2025 adalah sebagai berikut:

Sosialisasi/Pelatihan Bidang Penerapan Program APU,                                            Dissemination/Training on Implementation of AML, CFT,
PPT, dan PPPSPM                                                                                and CPF Programs

                            Sosialisasi/Pendidikan Bidang Kepatuhan                                 Tanggal Pelaksanaan                                   Peserta
  No
                              Compliance Dissemination/Education                                    Implementation date                                  Participant

 Semester I
 Semester I

 1       E-Learning APU, PPT dan PPPSPM                                                       14 April - 9 Mei 2025                   Seluruh pekerja
         E-Learning on AML, CTF, and CPF                                                      April 14 - May 9, 2025                  All employees
 2       Monitoring dan Pembinaan CB Warung Jati (on site)                                    17 April 2025                           Seluruh Pekerja di Bank Raya CB Warung Jati
         Monitoring and Development of CB Warung Jati (on site)                               April 17, 2025                          All employees at Bank Raya CB Warung Jati
 3       Monitoring dan Pembinaan CB Denpasar (on site)                                       8 Mei 2025                              Seluruh Pekerja di Bank Raya CB Denpasar
         Monitoring and Development of CB Denpasar (on site)                                  May 8, 2025                             All employees at Bank Raya CB Denpasar
 4       Monitoring dan Pembinaan CB Menara BRILiaN (on site)                                 15 Mei 2025                             Seluruh Pekerja di Bank Raya CB Menara BRILiaN
         Monitoring and Development of CB Menara BRILiaN (on site)                            May 15, 2025                            All employees at Bank Raya CB Menara BRILiaN
 5       Monitoring dan Pembinaan CB Solo (on site)                                           22 Mei 2025                             Seluruh Pekerja di Bank Raya CB Solo
         Monitoring and Development of CB Solo (on site)                                      May 22, 2025                            All employees at Bank Raya CB Solo
 6       Monitoring dan Pembinaan CB Lampung (on site)                                        12 Juni 2025                            Seluruh Pekerja di Bank Raya CB Lampung
         Monitoring and Development of CB Lampung (on site)                                   June 12, 2025                           All employees at Bank Raya CB Lampung
 7       Monitoring dan Pembinaan CB Makassar (on site)                                       19 Juni 2025                            Seluruh Pekerja di Bank Raya CB Makassar
         Monitoring and Development of CB Makassar (on site)                                  June 19, 2025                           All employees at Bank Raya CB Makassar
 Semester II
 Semester II
 1       Monitoring dan Pembinaan CB Cirebon (on site)                                        17 Juli 2025                            Seluruh Pekerja di Bank Raya CB Cirebon
         Monitoring and Development of Cirebon CB (On-Site)                                   July 17, 2025                           All Employees at Bank Raya CB Cirebon
 2       E-Learning Penerapan Fungsi Kepatuhan                                                22 - 31 Juli 2025                       Seluruh pekerja
         E-Learning on Implementing Compliance Function                                       July 22-31, 2025                        All employees
 3       Sosialisasi Pelaksanaan Penghentian sementara transaksi rekening dormant             5 Agustus 2025                          CBL, SOL, BO 1, BO 2, RM, dan Divisi RBO
         atas permintaan PPATK
                                                                                                                                      CBL, SOL, BO 1, BO 2, RM, and RBO Division
         Dissemination on the Implementation of Temporary Suspension of Dormant               August 5, 2025
         Account Transactions at the Request of the Indonesian Financial Transaction
         Reports and Analysis Center (INTRAC)
 4       E-Learning Pencegahan Judi Online                                                    8 September 2025                        Seluruh pekerja
         E-Learning on Online Gambling Prevention                                             September 8, 2025                       All employees
 5       Identifikasi Transaksi Keuangan Mencurigakan (ITKM)                                  17-18 September 2025                    Perwakilan Pekerja AML (1 orang)
         Identification of Suspicious Financial Transactions (ITKM)                           September 17-18, 2025                   AML Employee Representative (1 person)
 6       Tren Modus dan Skema Pencucian Uang Terbaru                                          18 September 2025                       Seluruh Pekerja Bagian AML
         Latest Trends in Money Laundering Methods and Schemes                                September 18, 2025                      All AML Department Employees


Adapun implementasi tugas Fungsi Kepatuhan terkait pengujian prinsip                           The implementation of Compliance Function's duties related to testing the
kehati-hatian meliputi: a. Perjanjian Kerjasama Bidang Kredit (24 PKS); b.                     prudential principle includes: a. Credit Cooperation Agreement (24 PKS);
Perjanjian Kerjasama Bidang Non Kredit (50 PKS); c. Kebijakan Kredit (28                       b. Non-Credit Cooperation Agreement (50 PKS); c. Credit Policy (28 Policies);
Kebijakan); d. Kebijakan Non Kredit (38 Kebijakan); dan d. Putusan Kredit                      d. Non-Credit Policy (38 Policies); and e. Credit Decisions (45 Decisions).
(45 Putusan).


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        Ikhtisar Kinerja                       Laporan Manajemen                   Profil Perusahaan                    Tinjauan Pendukung Bisnis
        Performance Highlights                 Management Report                   Company Profile                      Overview of Business Support Units




Selanjutnya, selama tahun 2025 Fungsi Kepatuhan juga memberikan              Furthermore, during 2025 the Compliance Function also provided 210
opini/tanggapan kepatuhan sebanyak 210 opini. Disamping itu, Fungsi          compliance opinions/responses. In addition, the Compliance Function
Kepatuhan melakukan penerbitan kebijakan yang terdiri dari:                  issued policies consisting of:
1. Surat Edaran Direksi Bank Raya No.SE:B.10/Dir.01.04/ PCP/LCA/03/2025      1. Bank Raya’s Board of Directors’ Circular Letter No. SE:B.10/Dir.01.04/
    tanggal 25 Maret 2025 tentang Pedoman Pelaksanaan Penerapan                   PCP/LCA/03/2025 dated March 25, 2025, on Guidelines for Implementing
    Program Anti Pencucian Uang, Pencegahan Pendanaan Terorisme,                  Anti-Money Laundering, Counter-Terrorist Financing, and Counter-
    dan Pencegahan Pendanaan Proliferasi Senjata Pemusnah Massal                  Proliferation Financing of Weapons of Mass Destruction (AML, CTF,
    (APU, PPT dan PPPSPM);                                                        and CPF) Program;
2. Surat Edaran Direksi Bank Raya No.SE: B.29/PCP/LCA/06/2025 tanggal        2. Bank Raya’s Board of Directors’ Circular Letter No. SE: B.29/PCP/LCA/06/2025
    24 Juni 2025 tentang Penerapan Fungsi Kepatuhan;                              dated June 24, 2025, on the Implementation of Compliance Function;
3. Surat Edaran Direksi Bank Raya No.SE.B.60/Dir.01.03/PCP/LCA/10/2025       3. Bank Raya’s Board of Directors’ Circular Letter No. SE.B.60/Dir.01.03/
    tanggal 27 Oktober 2025 tentang Pedoman Pelaksanaan Sistem                    PCP/LCA/10/2025 dated October 27, 2025, on Guidelines for
    Manajemen Anti Penyuapan;                                                     Implementing Anti-Bribery Management System;
4. Standar Operasional Prosedur Sistem Manajemen Mutu No. SO: B.47/          4. Standard Operating Procedures for the Quality Management System
    PCP/LCA/10/2025 tanggal 24 Oktober 2025;                                      No. SO: B.47/PCP/LCA/10/2025 dated October 24, 2025;
5. Standar Operasional Prosedur No. SO: B.29/PCP/LCA/08/2025 tanggal         5. Standard Operating Procedure No. SO: B.29/PCP/LCA/08/2025 dated
    27 Agustus 2025 tentang Standar Operasional Prosedur Sistem Raya              August 27, 2025, on Standard Operating Procedures for Raya Smart
    Smart Aml (Raysa);                                                            Aml System (Raysa);
6. Standar Operasional Prosedur No. SO: B.46/PCP/LCA/11/2025 Tanggal         6. Standard Operating Procedure No. SO: B.46/PCP/LCA/11/2025 dated
    23 Oktober 2025 tentang Standar Operasional Prosedur Rekening                 October 23, 2025, on Standard Operating Procedures for Special
    Khusus Dana Kampanye (RKDK).                                                  Campaign Fund Account (RKDK).

Terakhir, Fungsi Kepatuhan surveillance Sertifikasi ISO 9001:2015 SIstem     Lastly, Compliance Function for Surveillance of certification of ISO 9001:2015
Manajemen Mutu dan Sertifikasi ISO 37001:2016 yang masing-masing             on Quality Management System and certification of ISO 37001:2016
dilaksanakan pada tanggal 10 November 2025 dan 03-04 Desember                respectively implemented on November 10, 2025, and December 3-4,
2025.                                                                        2025.



Penilaian Maturitas Kepatuhan Bank dan Penilaian Budaya Kepatuhan
Bank Compliance Maturity Assessment and Compliance Culture Assessment

Bank Raya telah melakukan penilaian Maturitas Kepatuhan Bank dan             Bank Raya has conducted a Bank Compliance Maturity Assessment and
Penilaian Budaya Kepatuhan dalam rangka mengukur tingkat kematangan          Compliance Culture Assessment in order to measure the level of maturity
dalam pelaksanaan fungsi kepatuhan guna mewujudkan terlaksananya             in the implementation of compliance function in order to realize the
Budaya Kepatuhan pada semua jenjang organisasi.                              implementation of Compliance Culture at all levels of the organization.



Evaluasi Efektivitas Fungsi Kepatuhan
Evaluation of Compliance Function’s Effectiveness

Direksi melakukan penilaian atas kecukupan implementasi Fungsi Kepatuhan     The Board of Directors periodically assesses the adequacy of the
Bank Raya secara berkala melalui Laporan Fungsi Kepatuhan yang secara        implementation of Bank Raya's Compliance Function through the Compliance
semesteran juga disampaikan kepada Otoritas Jasa Keuangan. Direksi           Function Report, which is also submitted to the Financial Services Authority
telah menyetujui kebijakan kepatuhan Bank dalam bentuk dokumen formal        on a semi-annual basis. The Board of Directors has approved the Bank's
tentang Fungsi Kepatuhan Efektif sebagaimana yang tertuang dalam             compliance policy in the form of a formal document on the Effective
Piagam Fungsi Kepatuhan.                                                     Compliance Function, as outlined in the Compliance Function Charter.

Untuk mengomunikasikan seluruh kebijakan, pedoman, sistem dan prosedur       To communicate all policies, guidelines, systems, and procedures Bank
Bank Raya, dilakukan melalui Rayapedia di aplikasi Jagat Raya. Selain itu,   Raya, through Rayapedia in Jagat Aplikasi Raya. In addition, the compliance
bagian kepatuhan membuat resume dan analisa dampak dari terbitnya            department summarizes and analyzes the impact of the issuance of Financial
ketentuan Peraturan Otoritas Jasa Keuangan/Surat Edaran Otoritas Jasa        Services Authority Regulations/Financial Services Authority Circulars/Bank
Keuangan/Peraturan Bank Indonesia/Peraturan Anggota Dewan Gubernur           Indonesia Regulations/Board of Governors Member Regulations, and the
maupun peraturan perundang-undangan terbaru serta merekomendasikan           latest laws and regulations. It also recommends relevant Work Units/policy-
Unit Kerja terkait/Unit Kerja pembuat kebijakan untuk menyusun kebijakan     making Work Units to develop policies or update/improve existing policies.
atau melakukan pengkinian/penyempurnaan terhadap kebijakan yang              These provisions are then disseminated and implemented at all relevant
ada selanjutnya ketentuan tersebut disosialisasikan, dan diimplementasikan   levels of the organization.
ke seluruh jenjang organisasi terkait.

Selanjutnya, mengacu pada hasil penilaian sendiri penerapan GCG Bank         Furthermore, based on Bank Raya's self-assessment results of GCG
Raya, Bank berhasil menurunkan tingkat pelanggaran terhadap ketentuan        implementation, the Bank has successfully reduced the level of violations
sebagaimana yang disampaikan di dalam Laporan Direktur Kepatuhan             of the provisions, as reported in the quarterly Compliance Director's Report.
secara triwulanan.




420 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                  Tata Kelola Perusahaan                 Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis                 Good Corporate Governance              Sustainability Report                 Audited Financial Report




Satuan Kerja Manajemen Risiko
Risk Management Unit

Manajemen risiko, menurut definisi OJK, adalah serangkaian metodologi            Risk management, according to OJK definition, is a series of methodologies
dan prosedur yang digunakan untuk mengidentifikasi, mengukur, memantau,          and procedures used to identify, measure, monitor, and control risks arising
dan mengendalikan risiko yang timbul dari seluruh kegiatan usaha Bank,           from all Bank’s business activities, including efforts to mitigate and/or
termasuk upaya untuk memitigasi dan atau meminimalkan kerugian                   minimize financial and non-financial losses that may arise from bank
finansial maupun non finansial yang mungkin timbul dari produk atau              products or activities, relationships between banks and customers, and
aktivitas bank, hubungan antara bank dengan nasabah maupun dalam                 within the Bank. The risk management principles applied at Bank Raya are
internal Bank. Prinsip-prinsip manajemen risiko yang diterapkan di Bank          one of the main factors in supporting the Bank's success and actively
Raya merupakan salah satu faktor utama dalam menunjang keberhasilan              supporting the bank's sustainable growth.
Bank dan secara aktif untuk mendukung pertumbuhan bank yang
berkesinambungan.



Dasar Hukum Pembentukan
Legal Basis for Establishment

POJK Penerapan Tata Kelola Bagi Bank Umum dan SEOJK No. 34/                      POJK on the Implementation of Governance for Commercial Banks and
SEOJK.03/2016 tentang Penerapan Manajemen Risiko bagi Bank Umum                  SEOJK No. 34/SEOJK.03/2016 on the Implementation of Risk Management
menjadi pedoman bagi Bank Raya untuk membentuk satuan kerja                      for Commercial Banks serve as guidelines for Bank Raya to form a risk
manajemen risiko. Selain itu, kebijakan internal Bank seperti Anggaran           management work unit. Furthermore, the Bank's internal policies, such as
Dasar, Kebijakan Umum Penerapan GCG, dan Piagam Direksi Bank Raya                Articles of Association, General Policy on GCG Implementation, and Bank
juga telah menetapkan salah satu kewajiban Direksi adalah membentuk              Raya’s Board of Directors Charter, stipulate that one of the Board of Directors'
satuan kerja manajemen risiko selain satuan kerja audit intern dan satuan        obligations is to form a risk management work unit, in addition to the internal
kerja kepatuhan yang telah dibahas sebelumnya.                                   audit and compliance work unit discussed previously.



Tugas dan Tanggung Jawab Satuan Kerja Manajemen Risiko (SKMR)
Duties and Responsibilities of Risk Management

Manajemen Risiko Bank Raya memiliki tugas dan tanggung jawab untuk               Bank Raya's Risk Management is responsible for developing governance,
menyusun tata kelola, kebijakan dan prosedur Manajemen Risiko. Selain            policies, and procedures for Risk Management. Furthermore, SKMR coordinates
itu, SKMR juga mengoordinasikan penetapan Risk Appetite Statement                the establishment of the Risk Appetite Statement (RAS); the establishment of
(RAS); penetapan Parameter dan Limit Profil Risiko; penyusunan Tingkat           Risk Profile Parameters and Limits; the preparation of Risk Based Bank Rating
Kesehatan Bank (TKB); melaksanakan stress testing; Penyusunan dan                the implementation of stress testing; the preparation and analysis of the Loan
analisa Loan Portfolio Guideline (LPG); validasi dan review credit risk rating   Portfolio Guideline (LPG); the validation and review of credit risk rating and
& scoring, implementasi sustainability finance; mengoordinasikan                 scoring; the implementation of sustainability finance; and the coordination of
implementasi Strategi Anti Fraud, Business Continuity Management (BCM);          the implementation of the Anti-Fraud Strategy, Business Continuity Management
Contingency Funding Plan (rencana pendanaan darurat).                            (BCM); and the Contingency Funding Plan.

SKMR juga menyusun serta mengoordinasikan implementasi Risk Culture              SKMR also prepares and coordinates the implementation of Risk Culture
dan perangkat Manajemen Risiko, serta pengembangan Sistem Informasi              and Risk Management tools, as well as the development of the Risk
Manajemen Risiko yang diperlukan dalam pelaksanaan proses Manajemen              Management Information System required in the implementation of the
Risiko di Bank Raya.                                                             Risk Management process at Bank Raya

Dalam rangka memastikan implementasi Manajemen Risiko dalam                      In order to ensure the implementation of Risk Management in the development
pengembangan produk bank, SKMR melakukan penilaian kecukupan atas                of bank products, SKMR carries out an assessment of the adequacy of the
pengelolaan risiko penerbitan produk Bank Baru yang diusulkan oleh               risk management of issuing New Bank products proposed by the product
product owner.                                                                   owner.

Sehubungan dengan implementasi Undang-Undang perlindungan Data                   In connection with the implementation of the Personal Data Protection Law
Pribadi (PDP), SKMR berperan sebagai pelaksana fungsi PDP yang                   (PDP), SKMR acts as the implementer of the PDP function which is responsible
bertanggung jawab dalam pembuatan kebijakan PDP, sosialisasi                     for making PDP policies, socializing PDP implementation, coordinating work
implementasi PDP, mengoordinasikan program kerja dalam rangka                    programs in the context of PDP implementation, conducting reviews of
implementasi PDP, melakukan review terhadap Records of Processing                Records of Processing Activities (ROPA).
Activities (ROPA).

Dalam rangka implementasi Peraturan Otoritas Jasa Keuangan (POJK)                In the context of implementing the Financial Services Authority Regulation
Nomor 15 tahun 2024 tentang Integritas Pelaporan Keuangan Bank, SKMR             (POJK) Number 15 of 2024 concerning the Integrity of Bank Financial
menjalankan perannya sebagai Unit Kerja Khusus (UKK) dengan melakukan            Reporting, SKMR carries out its role as a Special Work Unit (UKK) by preparing
penyusunan Kebijakan penerapan pengendalian internal atas pelaporan              policies for the implementation of internal control over financial reporting
keuangan dan mengoordinasikan implementasi POJK tersebut. Selanjutnya,           and coordinating the implementation of the POJK. Furthermore, SKMR also
SKMR juga mengoordinasikan penyelenggaraan Risk Management                       coordinates the implementation of the Risk Management Committee (RMC)
Committee (RMC) sebagai bagian dari penguatan praktik tata kelola                as part of strengthening risk management governance practices.
manajemen risiko.




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        Performance Highlights                   Management Report                     Company Profile                    Overview of Business Support Units




Kebijakan Umum Manajemen Risiko
General Policy on Risk Management

Bank Raya telah melakukan pembaharuan atas Kebijakan Umum Manajemen              Bank Raya has updated its General Risk Management Policy as outlined
Risiko sebagaimana yang tertuang dalam Surat Keputusan Direksi No.               in Board of Directors’ Decision No. B.350/Dir.01.04/PCP/ERM/09/2024 on
B.350/Dir.01.04/PCP/ERM/09/2024 tentang Kebijakan Umum Manajemen                 the General Policy on Risk Management. This latest policy replaces the
Risiko. Kebijakan terbaru ini sekaligus menggantikan Kebijakan Umum              previous General Policy on Risk Management, as outlined in Board of
Manajemen Risiko sebelumnya sebagaimana yang tertuang dalam Surat                Directors’ Decision No. B.224/Dir.01.03/PCP/07/2023 on the General Policy
Keputusan Direksi No. B.224/Dir.01.03/PCP/07/2023 tentang Kebijakan              on Risk Management. The important issues regulated in this General Policy
Umum Manajemen Risiko. Hal-hal penting yang diatur dalam Kebijakan               on Risk Management are, among others, the duties, authorities, and
Umum Manajemen Risiko ini antara lain tugas, wewenang dan tanggung               responsibilities of the Board of Commissioners, Board of Directors, Risk
jawab Dewan Komisaris, Direksi, Komite Pemantau Risiko, Komite Manajemen         Monitoring Committee, Risk Management Committee, and Risk Management
Risiko, dan Satuan Manajemen Risiko; organisasi manajemen risiko;                Unit; the risk management organization; risk management implementation,
penerapan manajemen risiko, sistem pengendalian intern, penilaian indeks         internal control system, risk maturity index assessment, and risk culture.
kematangan risiko, dan risk culture.



Kerangka Kerja Manajemen Risiko
Risk Management Framework

Kerangka kerja manajemen risiko diwujudkan dalam 3 (tiga) kategori yakni         The risk management framework is realized into 3 (three) categories:
Business Strategy, Business Management, dan Business Enablers. Dalam             Business Strategy, Business Management, and Business Enablers. In the
Business Strategy, terdapat 3 (tiga) aspek penting yang diperhatikan yakni       Business Strategy, 3 (three) key aspects are considered: risk as a primary
risiko sebagai pertimbangan utama dalam penyusunan strategi dan                  consideration in developing strategy and formulating management (risk
merumuskan manajemen (risk strategy), kapasitas dalam mengelola risiko           strategy); the organization's risk management capacity, business strategy
organisasi, strategi bisnis dan tujuan keuangan (risk appetite), dan penilaian   and financial purposes (risk appetite); and an assessment of inherent risks,
terhadap risiko yang melekat beserta kualitas penerapan manajemen                along with the quality of risk management implementation across all
risiko pada keseluruhan aktivitas fungsional serta kecukupan sistem              functional activities, and adequacy of risk control system.
pengendalian risiko.

Sementara itu, Business Management mengatur tentang penetapan struktur           Meanwhile, Business Management regulates the establishment of a three-
tata Kelola three lines model dengan prinsip akuntabilitas dan responsibilitas   line model governance structure with principles of accountability and
(government structure), penyempurnaan kebijakan dan pedoman dalam                responsibility (government structure); refinement of policies and guidelines
penerapan manajemen risiko (risk policies), evaluasi berkala pada kecukupan      for implementing risk management (risk policies); periodic evaluation of
proses manajemen risiko meliputi proses identifikasi, pengukuran,                the adequacy of risk management process, including risk identification,
pemantauan, pengendalian risiko serta sistem informasi manajemen risiko,         measurement, monitoring, and control, as well as the risk management
dan penyusunan dan Analisa permodelan untuk menentukan tingkat                   information system; and the development and analysis of models for
probability terjadinya risiko berdasarkan acuan standar praktik terbaik          determining the probability of risk occurrence based on best practice
(modelling & analysis).                                                          standards (modeling and analysis).

Terakhir, terkait dengan Business Enablers yang menetapkan pelaksanaan           Finally, Business Enablers form the implementation of risk culture values
nilai-nilai budaya risiko dan peningkatan kapabilitas dalam pengelolaan          and increased risk management capabilities (risk culture), as well as the
risiko (risk culture), dan pemanfaatan otomatisasi dalam mendukung proses        use of automation to support risk management process, by considering
manajemen risiko dengan memperhatikan kualitas data dan kebutuhan                data quality and the Bank's needs (risk technology tools). Bank Raya's risk
Bank (risk technology tools). Kerangka kerja manajemen risiko Bank Raya          management framework can be explained in the following diagram:
dapat dijelaskan melalui diagram berikut ini:



             Prosedur penerapan manajemen
         risiko yang efektif guna mendukung
                 tujuan bisnis jangka panjang.
                 Effective risk management
              implementation procedures to                              BUSINESS
           support long-term business goals                            STRATERGY


       Proses sistematis dalam
      mengelola risiko melalui                                                                                               Program pengelolaan
      identifikasi, pengukuran,                                                                                              manajemen risiko dalam
                                                      MA




                                                                                          LE SS
                                                       BU AG




               Pemantauan dan                                                                                                mendukung aktivitas bisnis
                                                                                            RS
                                                         N




                                                                                        AB NE




          pengendalian risiko.
                                                         SIN EM




                                                                                                                             yang berkelanjutan.
                                                                                     EN USI




     A systematic process of
                                                            ES EN




                                                                                                                             Risk management program
   managing risk through risk
                                                                                       B
                                                              S T




                                                                                                                             to support sustainable
               identification,                                                                                               business activities
   measurement, monitoring
                 and control.




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        Management Discussion and Analysis                          Good Corporate Governance                          Sustainability Report                       Audited Financial Report




Sistem Manajemen Risiko
Risk Management System

Sistem atau tata kelola manajemen risiko merupakan landasan dalam                                     The risk management system or governance is the foundation for implementing
melaksanakan proses manajemen risiko dan integrasi manajemen risiko                                   risk management process and integrating risk management into all
ke seluruh aktivitas operasional. Tata kelola manajemen risiko Bank Raya                              operational activities. Bank Raya's risk management governance, which
yang mengacu pada POJK No. 18/POJK.03/2016 terdiri dari empat pilar                                   refers to POJK No. 18/POJK.03/2016, consists of four pillars: Active Supervision
yakni: Pengawasan Aktif Dewan Komisaris dan Direksi (Pilar 1); Kecukupan                              of the Board of Commissioners and Board of Directors (Pillar 1); Adequacy
Kebijakan Manajemen Risiko dan Penetapan Limit (Pilar 2); Kecukupan                                   of Risk Management Policy and Limit Determination (Pillar 2); Adequacy
Proses dan Sistem Informasi Manajemen Risiko (Pilar 3); dan Sistem                                    of Risk Management Process and Information System (Pillar 3); and Internal
Pengendalian Intern (Pilar 4). Keempat pilar tersebut selanjutnya digambarkan                         Control System (Pillar 4). These four pillars are then described in the following
melalui bagan berikut ini:                                                                            chart:




                                                                           P E NE R A P A N
                                                                       MA NA J E M E N R I S I K O


          P ila r 1                                                    P i l ar 2                                                   Pi l ar 3                           Pi l ar 4
     Pengawasan Aktif                                                                                                      Kecukupan proses dan
                                       Kecukupan kebijakan , prosedur manajemen risiko, dan                                                                         Sistem pengenalian
    Dewan Komisaris dan                                                                                                       sistem informasi
                                                         penetapan limit                                                                                                  intern
          Direksi                                                                                                            manajemen risiko




      Komite Dewan                                             Komite Direksi                                              1st Line 2nd Line                             3rd Line
     Komisaris Fungsi
       Pengawasan
                                             Komite Manajemen Risiko             Komite Pengarah Teknologi                   Business
                                          (Risk Management Committee)             (IT Steering Committee)                      Unit
                                                                                                                                                    Risk Unit      Independent Asurance
      Komite Pemantau
      Manajemen Risiko
                                             Komite Aset dan Liabilitas                 Komite Kredit
                                                                                                                            Operation
                                                                                                                                                  Compliance           Satuan Kerja
     Pengawasan Aktif
                                           (Aset and Liablity Committee)             (Credit Committee)                                              Unit              Audit Internal
    Dewan Komisaris dan
          Direksi
                                                                                                                             Risk Taking            Risk and
                                             Komite Kebijakan Kredit                   Komite Produk                            Unit               Compliance
                                                                                                                                                     Control
                                             (Risk Policy Committee)                (Product Committee)
     Pengawasan Aktif                                                                                                       Risk Taking Unit & Plicy Making Unit
    Dewan Komisaris dan                                                                                                           Identifikasi, Pengukuran,
                                                                                                                                Pemantauan, Pengendalian
          Direksi                                           Menetapkan Kebijakan dan limit:
                                                              RBBR, RAS, PDWK, LPG, dll
                                                                                                                         Sistem Informasi Manajemen Risiko




Pilar 1 menjelaskan pengawasan aktif dilakukan untuk mengevaluasi                                     Pillar 1 explains that active supervision is carried out to evaluate the implementation
pelaksanaan manajemen risiko secara berkala oleh Direksi melalui Komite                               of risk management periodically by the Board of Directors through the Risk
Manajemen Risiko dan Forum Rapat Direksi, sedangkan Dewan Komisaris                                   Management Committee and the Board of Directors’ Meeting Forum, while the
dalam Komite Pemantau Risiko maupun Forum Rapat Direksi dan Dewan                                     Board of Commissioners in the Risk Monitoring Committee and the Board of
Komisaris.                                                                                            Directors and Board of Commissioners Meeting Forum.

Pilar 2 merupakan acuan dasar yang bersifat strategis tentang penerapan                               Pillar 2 is a basic reference that is strategic in nature regarding the
manajemen risiko sedangkan prosedur manajemen risiko merupakan tata                                   implementation of risk management while the risk management procedure
cara yang menjadi panduan dalam melaksanakan fungsi manajemen                                         is a procedure that serves as a guide in implementing risk management
risiko. Sementara itu, penetapan limit RAS, limit profil risiko, dan limit transaksi                  function. Meanwhile, the determination of RAS limit, risk profile limit, and
dealer dipantau secara berkala dalam rangka memastikan bahwa limit-                                   dealer transaction limit are monitored periodically to ensure that these
limit tersebut masih sesuai dengan kondisi internal dan eksternal.                                    limits are still in accordance with internal and external conditions.

Pilar 3 menggambarkan tahapan identifikasi, pengukuran, pemantauan,                                   Pillar 3 describes the stages of identification, measurement, monitoring,
dan pengendalian risiko terhadap 8 (delapan) jenis risiko termasuk risiko                             and control of risks against 8 (eight) types of risks including climate-related
terkait iklim dengan didukung oleh Sistem Informasi Manajemen Risiko                                  risks supported by Risk Management Information System to measure overall
untuk mengukur eksposur risiko secara keseluruhan dan untuk mematuhi                                  risk exposure and to comply with the implementation of policies, procedures,
penerapan kebijakan, prosedur dan limit risiko.                                                       and risk limits.

Selanjutnya, pilar 4 dilaksanakan antara lain dengan penguatan organisasi                             Furthermore, pillar 4 is implemented, among others, by strengthening the
risk management, mengoptimalkan risk-based audit, meningkatkan                                        risk management organization, optimizing risk-based audits, improving
komunikasi dengan first line, menyampaikan media komunikasi risk                                      communication with the first line, and delivering risk awareness communication
awareness.                                                                                            media.


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        Ikhtisar Kinerja                           Laporan Manajemen                     Profil Perusahaan                   Tinjauan Pendukung Bisnis
        Performance Highlights                     Management Report                     Company Profile                     Overview of Business Support Units




Satuan Kerja Manajemen Risiko
Risk Management Unit

Satuan Kerja Manajemen Risiko bertanggung jawab dalam mengelola seluruh            The Risk Management Work Unit is responsible for managing all risks faced
risiko yang dihadapi Bank, termasuk dalam hal pengembangan tools pendukung         by the Bank, including in terms of developing supporting tools needed in
yang dibutuhkan dalam proses bisnis dan pengelolaan risiko. Selain itu, terdapat   business process and risk management. In addition, there are work units
unit kerja yang bertindak sebagai risk counterpart dari setiap unit bisnis dalam   that act as risk counterparts for each business unit in the four-eye credit
proses four-eye pemberian kredit. Menyadari bahwa pengelolaan risiko               granting process. Realizing that risk management is the responsibility of all
menjadi tanggung jawab seluruh unit kerja di Bank, maka keberhasilan               work units in the Bank, the success of risk management is determined by
pengelolaan risiko ditentukan oleh adanya risk awareness di seluruh unit kerja     the existence of risk awareness in all work units of the Bank accompanied
Bank yang disertai dengan kemampuan teknis yang memadai. Oleh karena               by adequate technical capabilities. Therefore, Bank Raya continues to
itu, Bank Raya senantiasa meningkatkan kapabilitas dan pengetahuan seluruh         improve the capabilities and knowledge of all employees, especially in
pegawai terutama dalam hal pengelolaan risiko, dengan menyelenggarakan             terms of risk management, by holding regular internal and external training.
pelatihan internal maupun eksternal secara berkala.

Selanjutnya, berdasarkan Kebijakan Umum Manajemen Risiko terbaru Bank              Furthermore, based on Bank Raya's latest General Policy of Risk Management,
Raya, secara berjenjang sesuai dengan struktur organisasi pada Bank,               in a hierarchical manner according to the organizational structure of the
Pemimpin Satuan Kerja Manajemen Risiko bertanggung jawab langsung                  Bank, the Head of Risk Management Unit is directly responsible to the
kepada Direktur yang membidani manajemen risiko. Satuan Kerja Manajemen            Director in charge of risk management. The Risk Management Unit must
Risiko harus independen terhadap Unit Kerja Operasional (Risk Taking Unit).        be independent of the Operational Unit (Risk Taking Unit).



Fokus Manajemen Risiko Tahun 2025
Risk Management Focus in 2025

Satuan Kerja Manajemen Risiko telah melaksanakan berbagai kegiatan                 The Risk Management Unit carried out various activities throughout 2025
selama tahun 2025 dalam rangka meningkatkan kemampuan manajemen                    to improve risk management capabilities, and thus, creating superior and
risiko agar menciptakan kegiatan bisnis dan operasional yang unggul dan            sustainable business and operational activities by focusing as follows:
berkelanjutan dengan berfokus pada hal-hal berikut ini:
1. Perbaikan tata kelola dan organisasi untuk penguatan fungsi manajemen           1.   Improvements in governance and organization to strengthen risk
      risiko termasuk fungsi implementasi Pelindungan data Pribadi (PDP)                management functions, including the implementation of Personal
      dan Unit Kerja Khusus (UKK) yang mengoordinasikan implementasi                    Data Protection (PDP) and Special Work Units (UKK) that coordinate
      pengendalian internal laporan keuangan sesuai POJK Nomor 15                       the implementation of internal control of financial reports in accordance
      Tahun 2024.                                                                       with POJK Number 15 of 2024.
2. Pengkinian dan penyusunan kebijakan-kebijakan penerapan Manajemen               2.   Updating and developing Risk Management implementation policies
      Risiko
3. Menyempurnakan penerapan Manajemen Risiko Digital diantaranya                   3.   Perfecting the implementation of Digital Risk Management, including
      menyusun kebijakan Third Party Risk Management (TPRM) dan                         developing a Third Party Risk Management (TPRM) policy and
      implementasi penilaian TPRM untuk ruang lingkup Penyedia Jasa                     implementing TPRM assessments for the scope of Information Technology
      teknologi Informasi (PPJTI).                                                      Service Providers.
4. Mengoordinasikan kegiatan Manajemen Kelangsungan Usaha termasuk                 4.   Coordinate Business Continuity Management activities including
      menyelenggarakan Contigency Funding Plan (CFP).                                   organizing Contingency Funding Plans (CFP).
5. Menyusun dan menyampaikan Dokumen Rencana Aksi (Recovery                        5.   Prepare and submit the Recovery Plan Document for the first time in
      Plan) untuk pertama kalinya pada tahun 2024 dan secara rutin setiap               2024 and routinely every year starting from 2025 submit the Recovery
      tahunnya dimulai dari tahun 2025 menyampaikan Pengkinian Rencana                  Action Plan Update to the Financial Services Authority (OJK) in
      Aksi Pemulihan kepada Otoritas Jasa Keuangan (OJK) sesuai POJK                    accordance with POJK Number 5 of 2024 concerning Determination
      Nomor 5 Tahun 2024 tentang Penetapan Status Pengawasan dan                        of Supervision Status and Handling of Commercial Bank Problems
      Penanganan Permasalahan Bank Umum.
6. Melakukan penilaian kecukupan pengelolaan risiko atas rencana                   6.  Conducting an assessment of the adequacy of risk management for
      pengembangan produk bank baru yang diusulkan oleh product owner                  new bank product development plans proposed by the product owner
      dan penilaian kecukupan digital risk assessment.                                 and assessing the adequacy of digital risk assessment.
7. Menjalankan Fungsi Data Protection Officer (DPO) dalam rangka                   7. Carrying out the Data Protection Officer (DPO) function in the context
      implementasi PDP.                                                                of implementing PDP.
8. Enhancement tools MR yang dilakukan dalam optimalisasi fungsi                   8. Enhancement of MR tools carried out in optimizing risk management
      manajemen risiko termasuk enhancement tools Record of Processing                 functions includes enhancement of Record of Processing Activities
      Activities (RoPA)                                                                (RoPA) tools.
9. Program Risk Culture yang diimplementasikan seperti halnya Raya                 9. Risk Culture Programs are implemented such as Raya Risk Talks and
      Risk Talks dan Raya ARSy (Advance Risk Awareness System) dalam                   Raya ARSy (Advance Risk Awareness System) in an effort to increase
      upaya peningkatan awareness dan optimalisasi Manajemen Risiko                    awareness and optimize Risk Management.
10. Review dan validasi credit scoring                                             10. Credit scoring review and validation
11. Pengkinian limit Risiko diantaranya limit transaksi dealer, limit RAS,         11. Risk limit updates include dealer transaction limits, RAS limits, and risk
      serta limit profil risiko                                                        profile limits.
12. Pengembangan framework dan optimalisasi implementasi keuangan                  12. Development of framework and optimization of implementation of
      berkelanjutan.                                                                   sustainable finance.
13. Kegiatan pemantauan risiko diantaranya risiko atas transaksi treasury          13. Risk monitoring activities include risks related to treasury transactions.
14. Kegiatan fungsi Branch Risk Officer (BRO) untuk melakukan pengawalan           14. The Branch Risk Officer (BRO) function is to oversee the implementation
      implementasi proses Manajemen Risiko di Community Branch dengan                  of the Risk Management process in Community Branches by carrying
      melaksanakan risk awareness sharing, control testing, serta monitoring           out risk awareness sharing, control testing, as well as monitoring and
      dan reporting.                                                                   reporting.




424 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                      Tata Kelola Perusahaan                          Laporan Keberlanjutan                   Laporan Keuangan Audit
       Management Discussion and Analysis                     Good Corporate Governance                       Sustainability Report                   Audited Financial Report




Manajemen Permodalan
Capital Management

Pengelolaan risiko melalui permodalan dengan melakukan diversifikasi                        Risk management through capital is by diversifying capital sources that
sumber permodalan yang disinkronisasi dengan rencana strategis jangka                       are synchronized with long-term strategic plans and efficient capital
Panjang dan kebijakan alokasi modal secara efisien pada segmen bisnis                       allocation policies in business segments that have optimal risk-return profiles.
yang memiliki profile risk return yang optimal. Hal ini bertujuan untuk                     This aims to meet the expectations of stakeholders, including investors and
memenuhi ekspektasi para pemangku kepentingan termasuk investor dan                         regulators.
regulator.

Bank Raya memiliki kecukupan modal terhadap potensi kerugian risiko                         Bank Raya has sufficient capital against potential losses of credit risk, market
kredit, risiko pasar dan risiko operasional, baik berdasarkan ketentuan dan                 risk, and operational risk, both based on applicable provisions and regulations
peraturan yang berlaku (regulatory capital) maupun kebutuhan internal                       (regulatory capital) and internal needs (economic capital). Assessment of
(economic capital). Penilaian kecukupan permodalan bank melalui Internal                    the adequacy of bank capital is through Internal Capital Adequacy
Capital Adequacy Assessment Process yang didasarkan pada profil Risiko                      Assessment Process, which is based on the Bank's Risk profile. The calculation
Bank. Perhitungan rasio kewajiban modal minimum telah sesuai dengan                         of the minimum capital requirement ratio is in accordance with OJK
Peraturan OJK No. 11/POJK.03/2016 tentang Kewajiban penyediaan                              Regulation No. 11/POJK.03/2016 on the Capital Adequacy Ratio for
Modal Minimum Bank Umum yang berlaku sejak 02 Februari 2016 dan                             Commercial Banks which has been in effect since February 2, 2016, and
sebagaimana telah diubah dengan Peraturan OJK No. 34/POJK.03/2016                           as amended by OJK Regulation No. 34/POJK.03/2016 on Amendments
tentang perubahan atas Peraturan OJK No. 11/POJK.03/2016.                                   to OJK Regulation No. 11/POJK.03/2016.



Pengelolaan dan pengungkapan Risiko
Risk Disclosure Management and Disclosure

Penjelasan berikut ini menjelaskan sejumlah risiko yang dihadapi oleh                       The following explanation describes a number of risks faced by Bank Raya
Bank Raya dan beragam upaya mitigasi risiko yang telah ditetapkan.                          and the various risk mitigation efforts that have been determined.


Risiko Kredit                                                                               Credit Risk
Risiko akibat kegagalan debitur dan/atau pihak lain (counterparty) dalam                    The risk resulting from the failure of debtors and/or counterparties to fulfill
memenuhi kewajiban kepada Bank. Risiko Kredit dapat bersumber dari                          their obligations to the Bank. Credit Risk can arise from various bank business
berbagai aktivitas bisnis bank.                                                             activities.


               Pilar                                                                             Upaya Mitigasi Risiko
               Pillar                                                                            Risk Mitigation Efforts

 PILAR 1
 PILLAR 1

 Pengawasan aktif Dewan Komisaris     a)   Proses putusan kredit di atas nominal tertentu wajib melalui Komite Kredit Direksi dan konsultasi kepada Dewan Komisaris;
 dan Direksi                          b)   Pemantauan tindak lanjut oleh Dewan Komisaris dan Direksi apabila terdapat pelampauan limit risiko;
                                      c)   Pelaksanaan forum RMC triwulanan yang membahas mengenai isu strategis terkait dengan pengelolaan risiko perusahaan, khususnya
                                           risiko kredit;
                                      d)   Pelaporan profil risiko triwulanan dari Unit Kerja Manajemen Risiko kepada Direksi

 Active supervision of the Board of   a)   Credit decisions above a certain nominal amount is required to be processed through the Board of Directors' Credit Committee and
 Commissioners and Board of                in consultation with the Board of Commissioners;
 Directors                            b)   Follow-up monitoring by the Board of Commissioners and the Board of Directors in the event of a risk limit exceedance;
                                      c)   Implementation of a quarterly RMC forum to discuss strategic issues related to corporate risk management, particularly credit risk;
                                      d)   Quarterly risk profile reporting from the Risk Management Work Unit to the Board of Directors
 PILAR 2
 PILLAR 2
 Kecukupan Kebijakan, prosedur,       a)   Tersedianya ketentuan Loan Portfolio Guideline (LPG) dan ketentuan PDWK berjenjang;
 dan penetapan Limit                  b)   Parameter dan limit risiko kredit telah ditetapkan dan di-review secara berkala setiap tahun;
                                      c)   Pengkinian limit risiko dan kebijakan kredit digital, antara lain pengkinian kebijakan kredit berbasis aplikasi, kebijakan kredit Pinang
                                           Maksima, Pinang Performa, PPK Fintech, dan Pinang Flexi.

 Adequacy of Policies, procedures,    a)   Availability of Loan Portfolio Guidelines (LPG) and tiered PDWK provisions;
 and Limit setting                    b)   Credit risk parameters and limits have been established and reviewed annually;
                                      c)   Updates to risk limits and digital credit policies, including updates to app-based credit policies, Pinang Maksima, Pinang Performa,
                                           PPK Fintech, and Pinang Flexi credit policies.




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        Ikhtisar Kinerja                              Laporan Manajemen                                  Profil Perusahaan                             Tinjauan Pendukung Bisnis
        Performance Highlights                        Management Report                                  Company Profile                               Overview of Business Support Units




               Pilar                                                                                   Upaya Mitigasi Risiko
               Pillar                                                                                  Risk Mitigation Efforts

 PILAR 3
 PILLAR 3
 Proses Manajemen risiko dan Sistem   a)   Identifikasi risiko kredit dilakukan menggunakan sistem Credit Risk Rating (CRR) dan Credit Risk Scoring (CRS). Pemeringkatan internal
 Informasi Manajemen risiko                (Credit Risk Rating/Credit Risk Scoring) yang digunakan di BRI saat ini disusun berdasarkan data empiris/historis dari debitur existing
                                           BRI dengan menggunakan metodologi statistik. Atas pemeringkatan internal ini dilakukan kaji ulang secara berkala terhadap akurasi
                                           model dan asumsi yang digunakan untuk memproyeksikan kegagalan, dan dilakukan penyesuaian asumsi jika terjadi perubahan
                                           ketentuan baik eksternal (regulator) maupun internal.
                                      b)   Pengukuran risiko kredit dilakukan dengan internal model menggunakan metode standard yaitu dengan menghitung probability of
                                           default dan loss given default untuk masing-masing segmen bisnis berdasarkan pergeseran kolektibilitas kreditnya. Selain itu,
                                           serangkaian Stress test juga dilakukan untuk mengukur potensi kerugian maksimal apabila terjadi kondisi stress. Stress test tersebut
                                           dilakukan berdasarkan beberapa hipotesis dan asumsi antara lain: pertumbuhan ekonomi, inflasi, harga minyak dunia serta perubahan
                                           kurs rupiah. Hal lainnya yang dilakukan adalah dengan guidance melalui Loan Portfolio Guideline (LPG), sehingga dengan adanya
                                           LPG ini akan membuat pemberian kredit menjadi lebih terarah sesuai potensi masing-masing unit kerja.
                                      c)   Pemantauan risiko kredit dilakukan melalui proses monitoring portofolio kredit yang merupakan tanggung jawab unit kerja monitoring
                                           risiko kredit di kantor pusat. Monitoring portofolio dilakukan berdasarkan kualitas kredit, sektor ekonomi, penggunaan kredit, geografi
                                           unit kerja pemrakarsa, dan sebagainya. Pemantauan juga dilakukan untuk limit risiko kredit antara lain: NPL, CL, komposisi Loan at
                                           risk (LAR), Credit Cost, NPL Coverage ratio.
                                      d)   Pengendalian risiko kredit dilakukan melalui: Putusan kredit mempertimbangkan aspek analisa agunan, di mana harus mematuhi
                                           ketentuan minimum loan-to value atau minimum coverage terhadap pinjaman; Prosedur perbaikan kualitas kredit melalui restrukturisasi;
                                           Prosedur meminimalkan kerugian risiko kredit melalui penyelesaian kredit dan optimalisasi penagihan; Prosedur penghapusbukuan
                                           kredit bermasalah.

 Risk Management Process and Risk     a)   Credit risk identification is carried out using the Credit Risk Rating (CRR) and Credit Risk Scoring (CRS) systems. The internal rating
 Management Information System             (Credit Risk Rating/Credit Risk Scoring) currently used at BRI is compiled based on empirical/historical data from existing BRI debtors
                                           using statistical methodology. This internal rating is periodically reviewed for the accuracy of the model and assumptions used to
                                           project failure, and adjustments to the assumptions are made if there are changes in external (regulator) or internal provisions.
                                      b)   Credit risk measurement is carried out with an internal model using a standard method, namely by calculating the probability of default and
                                           loss given default for each business segment based on the shift in its credit collectability. In addition, a series of stress tests are also carried out
                                           to measure the potential for maximum losses if stress conditions occur. The stress test is carried out based on several hypotheses and assumptions,
                                           including: economic growth, inflation, world oil prices and changes in rupiah exchange rate. Another thing that is done is guidance through
                                           the Loan Portfolio Guideline (LPG), so that with this LPG, credit provision will be more focused according to the potential of each work unit.
                                      c)   Credit risk monitoring is carried out through the credit portfolio monitoring process which is the responsibility of the credit risk monitoring
                                           unit at the head office. Portfolio monitoring is carried out based on credit quality, economic sector, credit usage, geography of the
                                           initiator work unit, and so on. Monitoring is also carried out for credit risk limits including: NPL, CL, Loan at Risk (LAR) composition, Credit
                                           Cost, NPL Coverage ratio.
                                      d)   Credit risk control is carried out through: Credit decisions considering collateral analysis aspects, which must comply with the provisions of
                                           minimum loan-to-value or minimum coverage of loans; Credit quality improvement procedures through restructuring; Procedures for
                                           minimizing credit risk losses through credit settlement and collection optimization; Procedures for writing off problematic loans.
 PILAR 4
 PILLAR 4
 Sistem pengendalian Intern           a)   Four eyes principles: pemisahan fungsi pemrakarsa kredit dengan pemutus;
 Manajemen risiko                     b)   Pemisahan unit kerja pemrakarsa kredit (bisnis) dengan unit kerja analisis risiko kredit untuk segmen Korporasi;
                                      c)   Penggunaan aplikasi Loan Approval System (LAS) yang meliputi identifikasi risiko kredit melalui perhitungan Credit Scoring dan
                                           putusan kredit yang telah sesuai dengan ketentuan PDWK berjenjang; dan
                                      d)   Integrasi antara pelampauan limit risiko kredit dengan penilaian kinerja unit kerja bisnis dan individual.

                                      a)   Four eyes principles: separation of the functions of credit initiator and decision maker;
                                      b)   Separation of the credit initiator (business) work unit with the credit risk analysis work unit for the Corporate segment;
                                      c)   Use of the Loan Approval System (LAS) application which includes credit risk identification through Credit Scoring calculations and
 Risk management internal control          credit decisions that are in accordance with the provisions of the tiered PDWK; and
 system                               d)   Integration between credit risk limit exceedances and performance assessments of business and individual work units




Risiko Pasar                                                                                     Market Risk
Risiko pada posisi neraca dan rekening administratif termasuk transaksi                          Risks on balance sheet and administrative account positions including
derivatif, akibat perubahan dari kondisi pasar, termasuk risiko perubahan                        derivative transactions, due to changes in market conditions, including the
harga option. Risiko pasar meliputi antara lain risiko suku bunga, risiko                        risk of changes in option prices. Market risks include, among others, interest
nilai tukar, risiko ekuitas, dan risiko komoditas. risiko ini dapat berasal baik                 rate risk, exchange rate risk, equity risk, and commodity risk. These risks can
dari posisi trading book, maupun posisi banking book.                                            originate from both trading book positions and banking book positions.


               Pilar                                                                                   Upaya Mitigasi Risiko
               Pillar                                                                                  Risk Mitigation Efforts

 PILAR 1
 PILLAR 1
 Pengawasan aktif Dewan Komisaris     a)   Pemantauan tindak lanjut oleh Dewan Komisaris dan Direksi apabila terdapat pelampauan limit risiko;
 dan Direksi                          b)   Rapat Komite pengawas Manajemen risiko yang dilaksanakan setiap triwulan;
                                      c)   Pelaksanaan forum RMC triwulanan yang membahas mengenai isu strategis terkait dengan pengelolaan risiko pasar;
                                      d)   Forum ALCO sebagai bentuk pengawasan aktif yang dilaksanakan setiap bulan;
                                      e)   Pelaporan profil risiko pasar dari Unit Kerja Manajemen Risiko kepada Direksi.

 Active supervision of the Board of   a)   Follow-up monitoring by the Board of Commissioners and Board of Directors if there is an excess of risk limits;
 Commissioners and Directors          b)   Risk Management Supervisory Committee meetings are held every quarter;
                                      c)   Implementation of quarterly RMC forums that discuss strategic issues related to market risk management;
                                      d)   ALCO Forum as a form of active supervision which is carried out every month;
                                      e)   Reporting of market risk profiles from the Risk Management Unit to the Board of Directors.




426 PT Bank Raya Indonesia Tbk
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      Analisis dan Pembahasan Manajemen                       Tata Kelola Perusahaan                            Laporan Keberlanjutan                      Laporan Keuangan Audit
      Management Discussion and Analysis                      Good Corporate Governance                         Sustainability Report                      Audited Financial Report




              Pilar                                                                               Upaya Mitigasi Risiko
              Pillar                                                                              Risk Mitigation Efforts

PILAR 2
PILLAR 2
Kecukupan Kebijakan, prosedur,       a)   Kebijakan, prosedur, dan limit risiko pasar yang tertuang dalam limit profil risiko pasar dan limit aktivitas treasury (Limit Dealer);
dan penetapan Limit                  b)   Kebijakan terkait aktivitas bisnis treasury lainnya melalui pedoman pelaksanaan aktivitas treasury.

Adequacy of policies, procedures,    a)   Market risk policies, procedures and limits as stated in the market risk profile limits and treasury activity limits (Dealer Limits);
and limit setting                    b)   Policies related to other treasury business activities through guidelines for implementing treasury activities.




PILAR 3
PILLAR 3
Proses Manajemen risiko dan Sistem   a)   Identifikasi:
Informasi Manajemen risiko                1.   Perhitungan risiko Suku Bunga dan nilai tukar menggunakan metode standar terhadap posisi seluruh instrumen keuangan Bank
                                               Raya yang diklasifikasikan sebagai Trading Book dan Banking Book. Untuk Instrumen yang diklasifikasikan sebagai Banking Book;
                                          2.   Faktor risiko yang diperhitungkan dalam risiko suku bunga dalam metode standar yaitu:
                                               •      Risiko Spesifik (Specific risk) dari setiap penerbit efek atau instrumen keuangan, tanpa memperhatikan posisi long atau
                                                      posisi short. Dengan demikian proses saling hapus (offset) tidak dimungkinkan kecuali posisi tersebut bersifat identik;
                                               •      Risiko Umum (General Market Risk) dari keseluruhan portofolio, di mana posisi long atau posisi short dalam efek atau
                                                      instrumen yang berbeda dapat dilakukan saling hapus;
                                          3.   Nilai pasar surat berharga yang digunakan dalam perhitungan risiko Spesifik dan risiko Umum adalah dirty price, yaitu nilai
                                               pasar surat berharga (clean price) ditambah dengan present value dari pendapatan bunga yang akan diterima (accrued
                                               interest). Perhitungan present value atas accrued interest dapat tidak dilakukan apabila berdasarkan jangka waktu pembayaran
                                               kupon, nilai present value tersebut tidak menimbulkan perbedaan yang material. Perhitungan risiko nilai tukar dilakukan terhadap
                                               semua posisi BRI baik Trading Book dan Banking Book dalam valuta asing termasuk emas, dengan mengacu pada perhitungan
                                               posisi Devisa neto (PDN);
                                          4.   Faktor risiko yang diperhitungkan dalam risiko suku bunga dalam perhitungan Interest Rate Risk In The Banking Book (IRRBB)
                                               yaitu:
                                               •      Repricing risk, yaitu risiko kerugian yang disebabkan adanya perbedaan waktu antara repricing aset dan repricing liabilitas
                                                      apabila terjadi perubahan suku bunga;
                                               •      Basis risk, adalah risiko kerugian karena penggunaan indeks suku bunga yang berbeda antara aktiva dan pasiva;
                                               •      Posisi yang dimiliki untuk tujuan memperoleh keuntungan jangka pendek dari pergerakan harga (price movement) secara
                                                      aktual dan atau potensial;
                                               •      Seluruh efek utang dengan suku bunga tetap atau mengambang, dan seluruh instrumen keuangan yang memiliki
                                                      karakteristik yang sejenis, termasuk sertifikat deposito yang dapat diperdagangkan negotiable certificates of deposits dan
                                                      surat-surat berharga yang dijual oleh Bank Raya dengan syarat dibeli kembali (Repo/Securities Lending);
                                               •      Posisi valuta asing Bank Raya dalam Trading Book dan Banking Book yang terekspos risiko nilai tukar
                                     b)   Pengukuran
                                          1.   Pengukuran risiko pasar dilakukan secara Berkala, melakukan simulasi Economic Value of Equity (EVE) dan Net Interest Income
                                               (NII) secara berkala atau setiap terjadi perubahan suku bunga pasar dan menata profil maturity surat berharga;
                                          2.   Valuasi portofolio trading book dan banking book dilakukan dengan menggunakan kuotasi harga pasar dari instrumen yang
                                               diperdagangkan secara aktif (mark to market). Harga pasar tersebut mencerminkan transaksi aktual dan rutin yang dilakukan
                                               secara wajar. Hasil valuasi berdasarkan nilai pasar (mark to market) divalidasi secara periodik untuk memastikan konsistensi
                                               dan kewajaran harga pasar yang digunakan. Apabila harga pasar tidak tersedia karena instrumen tidak aktif diperdagangkan
                                               maka valuasi penetapan nilai wajar menggunakan pendekatan simulasi harga (mark-to-model)
                                          3.   Melakukan stress testing risiko pasar secara berkala atau sesuai dengan keadaan pasar.
                                          4.   Pemantauan dan Pengendalian Dalam melakukan proses manajemen risiko pasar, Direksi secara rutin melakukan evaluasi
                                               risiko pasar melalui laporan harian posisi Devisa netto, forum Asset & Liability Committee (ALCO), Risk Management Committee
                                               (RMC) serta laporan eksposur risiko pasar melalui dashboard profil risiko pasar.

Risk Management Process and Risk     a)   Identification:
Management Information System             1.   Calculation of Interest Rate and Exchange Rate Risk using standard method for all Bank Raya financial instrument positions
                                               classified as Trading Book and Banking Book. For Instruments classified as Banking Book;
                                          2.   Risk factors taken into account in interest rate risk in the standard method are:
                                               •      Specific risk of each issuer of securities or financial instruments, regardless of long or short positions. Thus, offsetting is not
                                                      possible unless the positions are identical;
                                               •      General Market risk of the entire portfolio, where long or short positions in different securities or instruments can be offset;
                                          3.   The market value of securities used in calculating Specific and General risks is the dirty price, which is the market value of
                                               securities (clean price) plus the present value of the interest income to be received (accrued interest). The calculation of the
                                               present value of accrued interest may not be carried out if based on the coupon payment period, the present value does not
                                               cause a material difference. The calculation of exchange rate risk is carried out on all BRI positions, both Trading Book and
                                               Banking Books in foreign currency including gold, with reference to the calculation of Net Open Position (PDN);
                                          4.   Risk factors taken into account in interest rate risk in the calculation of Interest Rate Risk In The Banking Book (IRRBB) are:
                                               •      Repricing risk, which is the risk of loss caused by the time difference between asset repricing and liability repricing if there
                                                      is a change in interest rates;
                                               •      Basis risk, is the risk of loss due to the use of different interest rate indices between assets and liabilities;
                                               •      Positions held for the purpose of gaining short-term profits from actual and/or potential price movements;
                                               •      All debt securities with fixed or floating interest rates, and all financial instruments with similar characteristics, including
                                                      negotiable certificates of deposits and securities sold by Bank Raya with the condition of being repurchased (Repo/
                                                      Securities Lending);
                                               •      Bank Raya's foreign exchange positions in the trading book and banking book are exposed to exchange rate risk.
                                     b)   Measurement
                                          1.   Market risk measurements are carried out periodically, conducting simulations of the Economic Value of Equity (EVE) and Net Interest
                                               Income (NII) periodically or whenever there is a change in market interest rates and arranging the maturity profile of securities;
                                          2.   Valuation of trading book and banking book portfolios is done using market price quotations of actively traded instruments
                                               (mark to market). The market price reflects actual and routine transactions that are carried out fairly. Valuation results based on
                                               market value (mark to market) are validated periodically to ensure the consistency and fairness of the market price used. If
                                               market prices are not available because the instrument is not actively traded, the valuation of determining fair value uses a
                                               price simulation approach (mark-to-model)
                                          3.   Conducting market risk stress testing periodically or in accordance with market conditions.
                                          4.   Monitoring and Control in carrying out market risk management process, the Board of Directors routinely evaluates market risk
                                               through daily reports on the net foreign exchange position, the Asset & Liability Committee (ALCO) forum, the Risk Management
                                               Committee (RMC) and market risk exposure reports through the market risk profile dashboard.




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                                                                                                                     Annual Report & Sustainability Report       2025 427
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         Ikhtisar Kinerja                              Laporan Manajemen                               Profil Perusahaan                          Tinjauan Pendukung Bisnis
         Performance Highlights                        Management Report                               Company Profile                            Overview of Business Support Units




                Pilar                                                                                Upaya Mitigasi Risiko
                Pillar                                                                               Risk Mitigation Efforts

 PILAR 4
 PILLAR 4
 Sistem pengendalian Intern             a)   Pemisahan fungsi front, middle and back office. Fungsi manajemen risiko pasar terdiri dari unit kerja front office (desk treasury), middle
 Manajemen risiko                            office (desk ERM), dan back office (divisi operasional) dengan masing-masing memiliki kewenangan sebagai berikut:
                                             1.    Jajaran front office berwenang melakukan transaksi instrumen keuangan dan bertanggung jawab memantau pergerakan
                                                   harga pasar;
                                             2.    Jajaran middle office menetapkan dan memantau limit risiko pasar dan secara berkala memastikan data pasar (market price)
                                                   yang digunakan untuk mark-to market (MTM);
                                             3.    Jajaran back office melakukan settlement transaksi treasury dan secara harian menetapkan harga pasar (MTM) pada akhir
                                                   hari. Pelaksanaan delegasi kewenangan diwujudkan melalui penetapan limit transaksi secara berjenjang sesuai dengan
                                                   kompetensi dan pengalaman
                                        b)   Bank Raya telah mengimplementasikan sistem aplikasi treasury (OSTS) yang merupakan suatu sistem yang terintegrasi yang
                                             digunakan oleh fungsi front office, middle office dan back office. Melalui aplikasi ini Bank Raya dapat melakukan pengukuran risiko
                                             pasar yang terintegrasi dengan proses transaksi harian. Selain melakukan monitoring eksposur risiko instrumen, BRI juga melakukan
                                             monitoring limit risiko pasar dan limit transaksi antara lain limit nominal transaksi dealer, limit open position, limit Uncommitted Credit
                                             Line (UCL), cut loss limit, stop loss limit dan limit lainnya. Monitoring dilakukan secara harian sehingga mempercepat penyediaan
                                             informasi terkini yang mendukung pengambilan keputusan oleh pejabat lini dan manajemen secara tepat waktu, terutama untuk
                                             instrumen yang termasuk ke dalam klasifikasi diperdagangkan/trading;
                                        c)   Integrasi antara pelampauan limit risiko pasar dengan penilaian kinerja unit kerja bisnis.

 Risk Management Internal Control       a)   Separation of front, middle, and back-office functions. The market risk management function consists of front office (treasury desk),
 System                                      middle office (ERM desk), and back office (operational division) work units, each of which has the following authorities:
                                             1.     The front office staff is authorized to carry out financial instrument transactions and is responsible for monitoring market price
                                                    movements;
                                             2.     The middle office ranks determine and monitor market risk limits and periodically ensure market data (market prices) used for
                                                    mark-to-market (MTM);
                                             3.     The back-office ranks carry out settlement of treasury transactions and daily determine the market price (MTM) at the end of
                                                    the day. The implementation of delegation of authority is realized through the determination of transaction limits in stages
                                                    according to competence and experience.
                                        b)   Bank Raya has implemented a treasury application system (OSTS) which is an integrated system used by front office, middle office,
                                             and back-office functions. Through this application, Bank Raya can measure market risk integrated with the daily transaction process.
                                             In addition to monitoring instrument risk exposure, BRI also monitors market risk limits and transaction limits, including dealer transaction
                                             nominal limits, open position limits, Uncommitted Credit Line (UCL) limits, cut loss limits, stop loss limits and other limits. Monitoring is
                                             carried out daily to accelerate the provision of up-to-date information that supports decision-making by line officials and management
                                             in a timely manner, especially for instruments included in the trading classification;
                                        c)   Integration between market risk limit exceedances and business work unit performance assessments.




Risiko Likuiditas                                                                              Liquidity Risk
Risiko akibat ketidakmampuan Bank untuk memenuhi kewajiban yang                                The risk resulting from the Bank's inability to meet maturing obligations from
jatuh tempo dari sumber pendanaan arus kas, dan/atau dari aset likuid                          cash flow funding sources, and/or from high-quality liquid assets that can
berkualitas tinggi yang dapat diagunkan, tanpa mengganggu aktivitas                            be pledged, without disrupting the Bank's activities and financial condition.
dan kondisi keuangan Bank. Risiko ini disebut juga Risiko likuiditas pendanaan                 This risk is also called funding liquidity risk.
(funding liquidity risk).


                Pilar                                                                                Upaya Mitigasi Risiko
                Pillar                                                                               Risk Mitigation Efforts

 PILAR 1
 PILLAR 1
 Pengawasan aktif Dewan Komisaris       a)   Pelaksanaan rapat Asset & Liability Committee (ALCO) setiap bulan;
 dan Direksi                            b)   Pelaksanaan forum Risk Management Committee (RMC) yang membahas mengenai isu strategis terkait dengan pengelolaan risiko
                                             likuiditas Bank.

 Active supervision of the Board of     a)   Implementation of Asset & Liability Committee (ALCO) meetings every month
 Commissioners and Board of Directors   b)   Implementation of the Risk Management Committee (RMC) forum which discusses strategic issues related to the management of
                                             the Bank's liquidity risk.
 PILAR 2
 PILLAR 2
 Kecukupan Kebijakan, prosedur,         a)   Tersedianya kebijakan pedoman pelaksanaan penerapan Manajemen risiko Likuiditas;
 dan penetapan Limit                    b)   Tersedianya kebijakan pengelolaan likuiditas yaitu pedoman pelaksanaan aktivitas treasury;
                                        c)   Penetapan parameter Limit profil risiko Likuiditas.

 Adequacy of Policies, procedures,      a)   Availability of policy guidelines for implementing Liquidity Risk Management;
 and Limit setting                      b)   Availability of liquidity management policies, namely guidelines for implementing treasury activities;
                                        c)   Determination of Liquidity risk profile limit parameters.
 PILAR 3
 PILLAR 3
 Proses Manajemen risiko dan Sistem     a)   Identifikasi, pengukuran dan pemantauan risiko melalui profil likuiditas bulanan;
 Informasi Manajemen risiko             b)   Pengukuran risiko likuiditas secara harian dengan menggunakan rasio-rasio likuiditas;
                                        c)   Pengendalian risiko melalui protokol liquidity contingency plan dan pelaksanaan uji coba secara berkala;
                                        d)   Melakukan stress testing risiko likuiditas.

 Risk Management Process and Risk       a)   Identification, measurement, and monitoring of risks through monthly liquidity profiles;
 Management Information System          b)   Daily measurement of liquidity risk using liquidity ratios;
                                        c)   Risk control through liquidity contingency plan protocols and periodic testing;
                                        d)   Conducting liquidity risk stress testing.




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       Analisis dan Pembahasan Manajemen                        Tata Kelola Perusahaan                            Laporan Keberlanjutan                     Laporan Keuangan Audit
       Management Discussion and Analysis                       Good Corporate Governance                         Sustainability Report                     Audited Financial Report




               Pilar                                                                                Upaya Mitigasi Risiko
               Pillar                                                                               Risk Mitigation Efforts

 PILAR 4
 PILLAR 4
 Sistem pengendalian Intern           a)    Evaluasi dan analisis Strategi pendanaan yang dilakukan melalui Forum ALCO dan kajian kajian risiko likuiditas;
 Manajemen risiko                     b)    Penetapan kewenangan pejabat dalam melakukan aktivitas pengelolaan likuiditas.

 Risk management internal control     a)    Evaluation and analysis of funding strategies carried out through the ALCO Forum and liquidity risk studies;
 system                               b)    Determination of the authority of officials in carrying out liquidity management activities




Risiko Operasional                                                                             Operational Risk
Risiko akibat ketidakcukupan dan/atau tidak berfungsinya proses internal,                      Risks resulting from inadequate and/or non-functioning internal processes,
kesalahan manusia, kegagalan sistem, dan/atau adanya kejadian eksternal                        human error, system failure, and/or external events that affect the Bank's
yang mempengaruhi operasional Bank. Sumber risiko ini antara lain oleh                         operations. Sources of this risk include human resources, processes, systems,
sumber daya manusia, proses, sistem, dan kejadian eksternal.                                   and external events.


               Pilar                                                                                Upaya Mitigasi Risiko
               Pillar                                                                               Risk Mitigation Efforts

 PILAR 1
 PILLAR 1
 Pengawasan aktif Dewan Komisaris     Pengawasan aktif Dewan Komisaris dan Direksi dilakukan melalui pelaksanaan forum Risk Management Committee (RMC) triwulanan
 dan Direksi                          yang membahas mengenai isu strategis terkait dengan pengelolaan risiko perusahaan, dalam rangka membahas potensi kejadian risiko,
                                      efektivitas kontrol, tindak lanjut, dan mitigasi risiko. Selain itu, Dewan Komisaris dan Direksi juga melakukan pemantauan atas tindak lanjut
                                      apabila terjadi pelampauan limit risiko.

 Active supervision of the Board of   Active supervision by the Board of Commissioners and Board of Directors is carried out through the implementation of a quarterly Risk
 Commissioners and Board of           Management Committee (RMC) forum that discusses strategic issues related to the company's risk management, in order to discuss potential
 Directors                            risk events, control effectiveness, follow-up, and risk mitigation. In addition, the Board of Commissioners and Board of Directors also monitors
                                      follow-up actions in the event of a risk limit exceedance.
 PILAR 2
 PILLAR 2
 Kecukupan Kebijakan, prosedur,       Kelancaran aktivitas operasional dan bisnis Bank didukung oleh kebijakan dan prosedur yang jelas untuk setiap produk dan aktivitas Bank,
 dan penetapan Limit                  termasuk penetapan limit approval untuk transaksi yang diberikan berjenjang dan lain-lain seperti sebagai berikut:
                                      •    Tersedianya kebijakan tentang pedoman pelaksanaan kegiatan harian Bank (Existing Bank & Community Branch);
                                      •    Tersedianya kebijakan tentang yang mengatur tentang transaksi berjenjang yaitu kewenangan fiat;
                                      •    Tersedianya kebijakan yang mengatur tentang pelaksanaan pemulihan bank saat kejadian kritis yaitu kebijakan Business Continuity
                                           Management (BCM).

 Adequacy of Policies, procedures,    The smooth running of the Bank's operational and business activities is supported by clear policies and procedures for each Bank product
 and Limit setting                    and activity, including the determination of approval limits for transactions given in stages and others as follows:
                                      •    Availability of policies regarding guidelines for implementing daily Bank activities (Existing Bank & Community Branch);
                                      •    Availability of policies that regulate tiered transactions, namely fiat authority;
                                      •    Availability of policies that regulate the implementation of bank recovery during critical events, namely the Business Continuity
                                           Management (BCM) policy.
 PILAR 3
 PILLAR 3
 Proses Manajemen risiko dan Sistem   Proses penerapan Manajemen risiko operasional dilakukan melalui tahapan identifikasi, pengukuran, pemantauan, dan pengendalian
 Informasi Manajemen risiko           risiko, sebagai berikut:
                                      a) Identifikasi risiko operasional dilakukan melalui penetapan risk issue di setiap aktivitas fungsional Bank yang dilakukan masing-masing
                                             Unit Kerja selaku risk owner;
                                      b) Pengukuran risiko operasional dilakukan di setiap Unit Kerja melalui metode Risk Control Self Assessment (RCSA);
                                      c)     Pengendalian risiko dilakukan antara lain melalui:
                                             •     Penetapan dan monitoring rencana tindak Lanjut atas setiap kejadian risiko operasional hasil pengukuran RCSA;
                                             •     Risk Control Self Assessment (RCSA) atas setiap produk dan aktivitas baru yang dilakukan oleh product owner dan penilaian
                                                   kecukupan pengelolaan risiko untuk setiap produk dan aktivitas baru yang dilakukan oleh Satuan Kerja Manajemen risiko;
                                             •     Protokol Business Continuity Management untuk kejadian yang bersifat katastropik. Tim Manajemen Krisis (TMK) berperan dan
                                                   bertanggung jawab dalam menetapkan langkah-langkah yang akan diambil dalam kondisi bencana. Struktur TMK dibentuk
                                                   di seluruh Unit Kerja BRI yang meliputi Kantor pusat, dan TMK Kantor Cabang;
                                             •     Manajemen Insiden (MI)/Loss Event Database (LED) Merupakan database insiden/ kerugian risiko operasional yang bertujuan
                                                   untuk mengelola risiko operasional yang dihadapi beserta pengelolaannya melalui dokumentasi dan pemantauan progres
                                                   pelaksanaan rencana perbaikan yang dilakukan. Sistem Informasi ini juga merupakan sumber data dalam menyimulasikan
                                                   beban modal untuk risiko operasional.

 Risk Management Process and Risk     The process of implementing operational risk management is carried out through the stages of risk identification, measurement, monitoring,
                                      and control, as follows:
 Management Information System        a) Operational risk identification is carried out by determining risk issues in each functional activity of the Bank carried out by each Work
                                           Unit as the risk owner;
                                      b) Operational risk measurement is carried out in each Work Unit using the Risk Control Self-Assessment (RCSA) method;
                                      c)   Risk control is carried out through, among other things:
                                           •     Determination and monitoring of follow-up action plans for each operational risk incident resulting from RCSA measurements;
                                           •     Risk Control Self-Assessment (RCSA) for each new product and activity carried out by the product owner and assessment of the
                                                 adequacy of risk management for each new product and activity carried out by the Risk Management Unit;
                                           •     Business Continuity Management Protocol for catastrophic events. The Crisis Management Team (TMK) plays a role and is responsible
                                                 for determining the steps to be taken in disaster conditions. The TMK structure is formed in all BRI Work Units including the Head Office
                                                 and TMK Branch Offices;
                                           •     Incident Management (MI)/ Loss event Database (LED) is an incident/ operational risk loss database that aims to manage
                                                 operational risks faced and their management through documentation and monitoring of the progress of the improvement plan
                                                 carried out. This Information System is also a source of data in simulating capital costs for operational risks.



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                                                                                                                      Annual Report & Sustainability Report        2025 429
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         Ikhtisar Kinerja                              Laporan Manajemen                            Profil Perusahaan                        Tinjauan Pendukung Bisnis
         Performance Highlights                        Management Report                            Company Profile                          Overview of Business Support Units




                Pilar                                                                             Upaya Mitigasi Risiko
                Pillar                                                                            Risk Mitigation Efforts

 PILAR 4
 PILLAR 4
 Sistem pengendalian Intern             a)   Pemisahan fungsi Maker-Checker-Signer dalam aktivitas operasional perbankan, di mana approval sebagian besar proses operasional
 Manajemen risiko                            telah embedded dalam sistem Core Banking;
                                        b)   Pelaporan profil risiko operasional Bank kepada Dewan Komisaris dan Direksi secara rutin;
                                        c)   Kaji ulang terhadap penerapan Manajemen risiko operasional secara rutin.

 Risk Management Internal Control       a)   Separation of Maker-Checker-Signer functions in banking operational activities, where approval of most operational processes has
 System                                      been embedded in the Core Banking system;
                                        b)   Reporting the Bank's operational risk profile to the Board of Commissioners and Board of Directors on a regular basis;
                                        c)   Reviewing the implementation of operational risk management on a regular basis.




Risiko Kepatuhan                                                                             Compliance Risk
Risiko yang disebabkan bank tidak mematuhi atau tidak melaksanakan                           The risk caused by the bank not complying with or not implementing
peraturan perundang-undangan dan ketentuan lain yang berlaku.                                applicable laws and regulations and other provisions. Compliance risk
Pengelolaan risiko kepatuhan dilakukan melalui penerapan sistem                              management is carried out through consistent implementation of the
pengendalian intern secara konsisten.                                                        internal control system.


                Pilar                                                                             Upaya Mitigasi Risiko
                Pillar                                                                            Risk Mitigation Efforts

 PILAR 1
 PILLAR 1
 Pengawasan aktif Dewan Komisaris       Pembahasan mengenai profil risiko kepatuhan dan pengelolaan risiko kepatuhan dan tindak lanjutnya dibahas dalam RMC dan rapat
 dan Direksi                            KPMR.

 Active supervision of the Board of     Discussions on compliance risk profiles and compliance risk management and follow-up are discussed in RMC and KPMR meetings.
 Commissioners and Board of Directors
 PILAR 2
 PILLAR 2
 Kecukupan Kebijakan, prosedur,         Kebijakan dan prosedur manajemen risiko Kepatuhan, antara lain:
 dan penetapan Limit                    a) Pelaksanaan Fungsi Kepatuhan terhadap rencana Kebijakan dan/atau Keputusan BRI oleh Direktur Kepatuhan dan Jajaran Satuan
                                             Kerja Kepatuhan PT Bank Rakyat Indonesia Agroniaga, Tbk;
                                        b) Penerapan Budaya Kepatuhan di Unit Kerja;
                                        c)   Kebijakan dan prosedur penerapan anti pencucian Uang (APU) dan pencegahan pendanaan terorisme(PPT);
                                        d) Kebijakan tentang Benturan Kepentingan;
                                        e) Kebijakan tentang Kode Etik;
                                        f)   Kebijakan tentang program pengendalian Gratifikasi;
                                        g) Kebijakan tentang Whistleblowing System;
                                        h) Bagian Kepatuhan sebagai koordinator risiko kepatuhan melakukan uji prinsip kehati-hatian terhadap seluruh kebijakan internal
                                             Bank Raya yang ditetapkan oleh Direksi.

 Adequacy of Policies, procedures,      Compliance risk management policies and procedures, including:
 and Limit setting                      a) Implementation of Compliance Functions for BRI Policy and/or Decision plans by the Compliance Director and Compliance Work
                                           Unit of PT Bank Rakyat Indonesia Agroniaga, Tbk;
                                        b) Implementation of Compliance Culture in Work Units;
                                        c) Policies and procedures for implementing anti-money laundering (AML) and Counter-Terrorist Financing (CTF);
                                        d) Policy on Conflict of Interest;
                                        e) Policy on Code of Conduct;
                                        f) Policy on Gratification control program;
                                        g) Policy on Whistleblowing System;
                                        h) The Compliance Section as the compliance risk coordinator carries out prudential principle tests on all internal policies of Bank Raya
                                           as determined by the Board of Directors.
 PILAR 3
 PILLAR 3
 Proses Manajemen risiko dan Sistem     a)   Melakukan identifikasi risiko kepatuhan melalui laporan profil risiko;
 Informasi Manajemen Risiko             b)   Proses manajemen risiko kepatuhan didukung dengan sistem informasi yang memadai antara lain:
                                             •    Aplikasi AML (Anti Money Laundering) digunakan untuk monitoring suspicious transaction dalam melakukan proses pengujian
                                                  dan monitoring progress pengujian;
                                             •    Pengelolaan risiko kepatuhan menjadi bagian dari tugas dan tanggung jawab dari fungsi manajemen risiko yang mengkoordinir
                                                  pelaksanaan manajemen risiko untuk 8 jenis risiko termasuk risiko kepatuhan;
                                             •    Sumber daya manusia yang ditunjuk untuk mengelola risiko kepatuhan memiliki kompetensi yang memadai dan mendapatkan
                                                  pendidikan yang sesuai dengan level jabatan.

 Risk Management Process and Risk       a)   Identifying compliance risks through risk profile reports;
 Management Information System          b)   The compliance risk management process is supported by an adequate information system, including:
                                             •    The AML (Anti Money Laundering) application is used to monitor suspicious transactions in the testing process and monitor testing
                                                  progress;
                                             •    Compliance risk management is part of the duties and responsibilities of the risk management function which coordinates the
                                                  implementation of risk management for 8 types of risks including compliance risks;
                                             •    Human resources appointed to manage compliance risks have adequate competence and receive education appropriate to
                                                  the position level.




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       Analisis dan Pembahasan Manajemen                       Tata Kelola Perusahaan                           Laporan Keberlanjutan                    Laporan Keuangan Audit
       Management Discussion and Analysis                      Good Corporate Governance                        Sustainability Report                    Audited Financial Report




               Pilar                                                                              Upaya Mitigasi Risiko
               Pillar                                                                             Risk Mitigation Efforts

 PILAR 4
 PILLAR 4
 Sistem pengendalian Intern           Pelaksanaan kaji ulang independen (independent review) oleh Divisi Internal Audit (IAU) dilakukan secara berkala terhadap Kualitas
 Manajemen risiko                     penerapan Manajemen risiko Kepatuhan. Bagian Kepatuhan secara aktif mensosialisasikan dampak terhadap regulasi baru terhadap
                                      bisnis maupun operasional perusahaan.

 Risk Management Internal Control     The implementation of independent reviews by the Internal Audit Unit (IAU) is carried out periodically on the Quality of Compliance Risk
 System                               Management implementation. The Compliance Section actively socializes the impact of new regulations on the company's business and
                                      operations.




Risiko Hukum                                                                                 Legal Risks
Risiko yang timbul akibat tuntutan hukum dan/atau kelemahan aspek                            Risks arising from lawsuits and/or weaknesses in legal aspects. These risks
yuridis. Risiko ini juga dapat timbul antara lain karena ketiadaan peraturan                 may also arise, among other things, due to the absence of underlying laws
perundang-undangan yang mendasari atau kelemahan perikatan, seperti                          and regulations or weaknesses in the agreement, such as non-fulfillment
tidak dipenuhinya syarat sahnya kontrak atau agunan yang tidak memadai.                      of the requirements for a valid contract or inadequate collateral.


               Pilar                                                                              Upaya Mitigasi Risiko
               Pillar                                                                             Risk Mitigation Efforts

 PILAR 1
 PILLAR 1
 Pengawasan aktif Dewan Komisaris     Pengawasan aktif Dewan Komisaris dan Direksi dilakukan melalui pelaksanaan forum Risk Management Committee (RMC) triwulanan
 dan Direksi                          yang dapat berupa pembahasan mengenai kasus hukum yang material serta pengelolaan risiko hukum dan tindak lanjutnya. Selain itu,
                                      pengawasan aktif Dewan Komisaris juga dilakukan melalui rapat KPMR.

 Active supervision of the Board of   Active supervision of the Board of Commissioners and Board of Directors is carried out through the implementation of a quarterly Risk Management
 Commissioners and Directors          Committee (RMC) forum which can be in the form of discussions on material legal cases and legal risk management and follow-up. In addition,
                                      active supervision of the Board of Commissioners is also carried out through KPMR meetings.
 PILAR 2
 PILLAR 2
 Kecukupan Kebijakan, prosedur,       a)   Bagian Hukum telah menyusun pedoman Hukum yang disosialisasikan ke seluruh Unit Kerja;
 dan penetapan Limit                  b)   Parameter dan limit risiko hukum telah ditetapkan dan di-review secara berkala setiap tahun;

 Adequacy of Policies, procedures,    a)   The Legal Section has prepared legal guidelines which have been disseminated to all work units;
 and Limit setting                    b)   Legal risk parameters and limits have been established and reviewed periodically every year;
 PILAR 3
 PILLAR 3
 Proses Manajemen risiko dan Sistem   a)   Setiap proses transaksi maupun produk dan aktivitas baru yang memiliki potensi risiko hukum ditelaah lebih dulu oleh Divisi Legal &
 Informasi Manajemen risiko                Compliance melalui Bagian Hukum;
                                      b)   Monitoring risiko hukum terhadap seluruh Unit Kerja operasional di Indonesia dilakukan oleh Legal officer Kantor pusat;
                                      c)   Legal officer di Kantor pusat akan melakukan pendampingan hukum sesuai dengan kewenangannya apabila terjadi kasus hukum
                                           di Unit Kerja operasional.

 Risk Management Process and Risk     a)   Every transaction process or new product and activity that has the potential for legal risk is first reviewed by the Legal & Compliance
 Management Information System             Division through the Legal Section;
                                      b)   Legal risk monitoring for all operational work units in Indonesia is carried out by the Legal Officer at the Head Office;
                                      c)   Legal officers at the head office will provide legal assistance in accordance with their authority if a legal case occurs in the operational
                                           work unit.
 PILAR 4
 PILLAR 4
 Sistem pengendalian Intern           Divisi Legal & Compliance melalui Bagian Hukum secara aktif mensosialisasikan modus operasi kejahatan berikut prosedur penanganannya
 Manajemen risiko                     secara hukum untuk meminimalkan risiko hukum di Unit Kerja operasional. Pengendalian risiko Hukum dilakukan melalui beberapa cara
                                      antara lain:
                                      a) Divisi Legal & Compliance melalui Bagian Hukum sebagai koordinator risiko Hukum di Bank Raya melakukan kajian terhadap
                                             perubahan peraturan perundang-undangan untuk memastikan bahwa ketentuan internal Bank Raya tidak menyimpang dari
                                             ketentuan perundangan yang berlaku;
                                      b) Divisi Legal & Compliance melalui Bagian Hukum melalui memberikan advis/ opini hukum atas perjanjian kerja sama (PKS)/
                                             agreement antara Bank Raya dengan pihak lain, untuk melindungi kepentingan hukum BRI sebelum perjanjian/ agreement
                                             ditandatangani oleh pejabat Bank Raya yang berwenang;
                                      c)     Setiap transaksi perbankan di Bank Raya yang meliputi operasional, perkreditan dan hubungan ketenagakerjaan telah dilakukan
                                             sesuai dengan ketentuan perundang-undangan yang berlaku dan didukung oleh dokumen hukum yang memadai;
                                      d) Divisi Legal & Compliance melalui Bagian Hukum bekerja sama dengan legal officer di Unit Kerja memantau risiko hukum dengan
                                             mekanisme pelaporan dan dokumentasi kasus-kasus hukum serta mensosialisasikan modus operasi kejahatan berikut prosedur
                                             penanganannya secara hukum untuk meminimalkan risiko hukum;
                                      e) Divisi Legal & Compliance melalui Bagian Hukum melalui menyusun pedoman-pedoman hukum misalnya pedoman penyusunan
                                             PKS dan buku saku hukum baik untuk bidang operasional maupun bidang perkreditan;
                                      f)     Pembinaan staf pada Unit Kerja Operasional (UKO) di Kantor Cabang dilakukan dengan cara meningkatkan kompetensi dalam
                                             mengendalikan risiko hukum di wilayah kerja yang bersangkutan di antaranya berupa sosialisasi, diskusi mengenai opini atas suatu
                                             kejadian dari sisi hukum yang berlaku;
                                      g) Apabila diperlukan, UKO dapat berkonsultasi dengan Divisi Legal & Compliance melalui Bagian Hukum mengenai permasalahan-
                                             permasalahan hukum yang bersifat teknis;
                                      h) Dalam hal adanya tuntutan hukum yang memiliki potensi kerugian sangat signifikan bagi Bank dan atau adanya tuntutan hukum
                                             yang secara signifikan bisa berdampak negatif pada reputasi Bank Raya, maka sebagai contingency plan harus dilakukan tindakan
                                             untuk mengurangi risiko hukum, antara lain melalui: penggunaan jasa pengacara dan melaporkan perkembangannya kepada
                                             Direksi;




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        Ikhtisar Kinerja                              Laporan Manajemen                               Profil Perusahaan                         Tinjauan Pendukung Bisnis
        Performance Highlights                        Management Report                               Company Profile                           Overview of Business Support Units




               Pilar                                                                               Upaya Mitigasi Risiko
               Pillar                                                                              Risk Mitigation Efforts

                                      i)   Sebagai bagian dari pemantauan terhadap risiko hukum, Divisi Legal & Compliance melalui Bagian Hukum berkoordinasi dengan
                                           Divisi risk Management melalui Bagian Mop terkait dengan pelaporan profil risiko hukum BRI setiap bulan kepada Direksi melalui
                                           Dashboard profil risiko;
                                      j)   Kaji ulang terhadap penerapan Manajemen Risiko Hukum dilakukan secara rutin. Upaya lain yang dilakukan dalam rangka
                                           meningkatkan kesadaran risiko hukum.

 Risk management internal control     The Legal & Compliance Division through the Legal Section actively disseminates the modus operandi of crimes and their legal handling
 system                               procedures to minimize legal risks in the operational Work Unit. Legal risk control is carried out in several ways, including:
                                      a) The Legal & Compliance Division through the Legal Section as the Legal Risk Coordinator at Bank Raya conducts a review of
                                           amendments to laws and regulations to ensure that Bank Raya's internal provisions do not deviate from applicable laws and regulations
                                      b) The Legal & Compliance Division through the Legal Section provides legal advice/opinions on cooperation agreements (PKS)/
                                           agreements between Bank Raya and other parties, to protect BRI's legal interests before the agreement is signed by an authorized
                                           Bank Raya official;
                                      c)   Every banking transaction at Bank Raya which includes operations, credit, and employment relations has been carried out in
                                           accordance with applicable laws and supported by adequate legal documents;
                                      d) The Legal & Compliance Division through the Legal Section in collaboration with legal officers in the Work Unit monitors legal risks
                                           with reporting mechanisms and documentation of legal cases and disseminates the modus operandi of crimes and the procedures
                                           for handling them legally to minimize legal risks;
                                      e) The Legal & Compliance Division through the Legal Section prepares legal guidelines, for example guidelines for preparing PKS and
                                           legal pocket books for both operational and credit fields;
                                      f)   Staff development in the Operational Work Unit (UKO) at the Branch Office is carried out by increasing competence in controlling
                                           legal risks in the relevant work area, including through dissemination, discussions regarding opinions on an incident from the perspective
                                           of applicable law;
                                      g) If necessary, UKO can consult with the Legal & Compliance Division through the Legal Section regarding technical legal issues;
                                      h) In the event of a lawsuit that has the potential for very significant losses for the Bank and/or a lawsuit that could have a significant
                                           negative impact on Bank Raya's reputation, then as a contingency plan, action must be taken to reduce legal risk, including through:
                                           using the services of a lawyer and reporting developments to the Board of Directors;
                                      i)   As part of monitoring legal risks, the Legal & Compliance Division through the Legal Section coordinates with the Risk Management
                                           Division through the Mop Section regarding reporting BRI's legal risk profile every month to the Board of Directors through the Risk
                                           Profile Dashboard;
                                      j)   Review of the implementation of Legal Risk Management is carried out routinely. Other efforts made in order to increase awareness
                                           of legal risk.




Risiko Strategis                                                                              Strategic Risk
Risiko akibat ketidaktepatan Bank dalam mengambil keputusan dan/atau                          Risk resulting from the Bank's inaccuracy in making decisions and/or
pelaksanaan suatu keputusan strategi serta kegagalan dalam mengantisipasi                     implementing a strategic decision and failure to anticipate changes in the
perubahan lingkungan bisnis. Sumber Risiko Strategis antara lain ditimbulkan                  business environment. Sources of Strategic Risk include weaknesses in the
dari kelemahan dalam proses formulasi strategi dan ketidaktepatan dalam                       strategy formulation process and inaccuracy in strategy formulation,
perumusan strategi, ketidaktepatan dalam implementasi strategi, dan                           inaccuracy in strategy implementation, and failure to anticipate changes
kegagalan mengantisipasi perubahan lingkungan bisnis.                                         in the business environment.


               Pilar                                                                               Upaya Mitigasi Risiko
               Pillar                                                                              Risk Mitigation Efforts

 PILAR 1
 PILLAR 1
 Pengawasan aktif Dewan Komisaris     Pembahasan mengenai perencanaan strategi, monitoring pencapaian target dan evaluasi strategi dibahas dalam rapat Gabungan
 dan Direksi                          Dewan Komisaris dengan Direksi (Radirkom) pada saat pembahasan mengenai persetujuan RBB, persetujuan RKAP, dan pembahasan
                                      kinerja keuangan triwulanan. Materi Rapat Kerja nasional (Rakernas) yang diadakan setiap tahun untuk mendukung proses formulasi
                                      strategi juga dibahas dalam forum rapat Direksi. Selain itu, rapat Komite Direksi seperti ALCO juga membahas pencapaian kinerja dan
                                      upaya pencapaian kinerja keuangan.

 Active supervision of the Board of   Discussions on strategic planning, monitoring target achievement and strategy evaluation are discussed in the Joint Meeting of the Board of
 Commissioners and Board of           Commissioners and the Board of Directors (Radirkom) during discussions on RBB approval, RKAP approval, and quarterly financial performance
 Directors                            discussions. The National Working Meeting (Rakernas) material held annually to support the strategy formulation process is also discussed in the
                                      Board of Directors meeting forum. In addition, Board of Directors Committee meetings such as ALCO also discuss performance achievements
                                      and efforts to achieve financial performance.
 PILAR 2
 PILLAR 2
 Kecukupan Kebijakan, prosedur,       a)   Proses perencanaan, monitoring dan evaluasi strategi perusahaan tertuang dalam DUJ maupun BPO Divisi Change Management
 dan penetapan Limit                       dan Divisi Finance Asset Management;
                                      b)   Parameter dan limit risiko stratejik telah ditetapkan dan di-review secara berkala setiap tahun.

 Adequacy of Policies, procedures,    a)   The process of planning, monitoring, and evaluating the company's strategy is stated in the DUJ and BPO of the Change Management
 and Limit setting                         Division and the Finance Asset Management Division;
                                      b)   Strategic risk parameters and limits have been established and reviewed periodically every year.
 PILAR 3
 PILLAR 3
 Proses Manajemen risiko dan Sistem   Penyelenggaraan joint planning session pada saat penyusunan RBB dalam rangka pembahasan strategi bisnis beserta rencana program
 Informasi Manajemen risiko           kerja masing-masing Unit Kerja Divisi di Kantor Pusat. Monitoring Strategic Initiatives perusahaan oleh Unit Kerja Project Management
                                      Office dan Divisi Change Management. Strategic Initiatives yang dimaksud adalah program kerja non-rutin yang bersifat sangat strategis
                                      dan kritikal yang harus dilakukan agar suatu target unit kerja dapat tercapai.

 Risk Management Process and Risk     Holding a joint planning session during the preparation of the RBB in order to discuss business strategies and work program plans for each Division
 Management Information System        Work Unit at the Head Office. Monitoring the company's Strategic Initiatives by the Project Management Office Work Unit and the Change
                                      Management Division. The Strategic Initiatives are non-routine work programs that are very strategic and critical in nature that must be carried
                                      out so that a work unit's target can be achieved.




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        Analisis dan Pembahasan Manajemen                        Tata Kelola Perusahaan                           Laporan Keberlanjutan                    Laporan Keuangan Audit
        Management Discussion and Analysis                       Good Corporate Governance                        Sustainability Report                    Audited Financial Report




                Pilar                                                                                Upaya Mitigasi Risiko
                Pillar                                                                               Risk Mitigation Efforts

 PILAR 4
 PILLAR 4
 Sistem pengendalian Intern             a)   Pelaporan profil risiko stratejik Bank kepada Dewan Komisaris dan Direksi secara rutin;
 Manajemen risiko                       b)   Kaji ulang terhadap penerapan manajemen risiko stratejik;
                                        c)   Apabila terdapat realisasi program kerja suatu Unit Kerja masih behind schedule akibat keterkaitan dengan Unit Kerja lainnya, akan
                                             dilakukan penyelarasan akselerasi program kerja ke Unit Kerja yang dimintakan support. Penyelarasan dan akselerasi program kerja
                                             tersebut dimonitor oleh Divisi Change Management.

 Risk Management Internal Control       a)   Reporting the Bank's strategic risk profile to the Board of Commissioners and Board of Directors on a regular basis;
 System                                 b)   Review of the implementation of strategic risk management;
                                        c)   If there is a work program realization of a Work Unit that is still behind schedule due to the relationship with other Work Units, an
                                             acceleration alignment of the work program will be carried out to the Work Unit that requested support. The alignment and acceleration
                                             of the work program are monitored by the Change Management Division.




Risiko Reputasi                                                                                Reputation Risk
Merupakan risiko yang antara lain disebabkan adanya publikasi negatif                          A risk that is caused by, among other things, negative
yang terkait dengan kegiatan usaha Bank atau persepsi negatif terhadap                         publications related to the Bank's business activities or negative perceptions
Bank.                                                                                          of the Bank.


                Pilar                                                                                Upaya Mitigasi Risiko
                Pillar                                                                               Risk Mitigation Efforts

 PILAR 1
 PILLAR 1
 Pengawasan aktif Dewan Komisaris       Pembahasan mengenai profil risiko reputasi dan pengelolaan risiko reputasi beserta tindak lanjutnya dibahas dalam RMC, dan rapat
 dan Direksi                            KPMR.

 Active supervision of the Board of     Discussions regarding reputation risk profile and reputation risk management along with follow-up actions are discussed in the RMC and
 Commissioners and Board of Directors   KPMR meetings.

 PILAR 2
 PILLAR 2
 Kecukupan Kebijakan, prosedur,         Dalam rangka pengendalian risiko reputasi telah ditunjuk Divisi Corporate Secretary (CSC) untuk menangani setiap informasi negatif.
 dan penetapan Limit                    Proses pengelolaan risiko reputasi tertuang dalam DUJ maupun BPO Divisi Corporate Secretary. Prosedur penanganan aduan (Complaint
                                        Handling) dengan SLA tertentu sudah tertuang pada ketentuan di Divisi Digital Operation.

 Adequacy of Policies, procedures,      In order to control reputation risk, the Corporate Secretary Division (CSC) has been appointed to handle any negative information. The reputation
 and Limit setting                      risk management process is stated in the DUJ and BPO of the Corporate Secretary Division. Complaint Handling procedures with certain SLAs
                                        has completed on Digital Operations Division Operating Procedure.
 PILAR 3
 PILLAR 3
 Proses Manajemen risiko dan Sistem     a)   Kegiatan identifikasi risiko reputasi yang dilakukan secara berkala oleh Divisi Corporate Secretary dengan melihat jumlah pemberitaan
 Informasi Manajemen risiko                  negatif terhadap Bank Rayadi media massa baik cetak maupun elektronik dan Sosial Media. Setelah proses identifikasi akan dilakukan
                                             pengukuran terhadap risiko reputasi untuk menilai kategori risiko reputasi dengan menggunakan beberapa parameter sesuai dengan
                                             limit parameter dalam Laporan profil risiko reputasi;
                                        b)   Divisi Digital Operation melakukan identifikasi secara berkala complaint handling pada call center. Setelah proses identifikasi akan
                                             dilakukan pengukuran terhadap risiko reputasi untuk menilai kategori risiko reputasi dengan menggunakan beberapa parameter
                                             sesuai dengan limit parameter dalam Laporan profil risiko reputasi;
                                        c)   Pemantauan risiko yang dilakukan oleh Divisi Corporate Secretary yaitu dengan melakukan monitoring secara berkala terhadap
                                             jumlah keluhan dan pemberitaan negatif di media massa dan melaporkan dalam profil risiko reputasi;
                                        d)   Parameter dan limit risiko reputasi telah ditetapkan dan di-review secara berkala setiap tahun

 Risk Management Process and Risk       a)   Reputation risk identification activities are carried out periodically by the Corporate Secretary Division, by looking at the number of
 Management Information System               negative news coverage of Bank Raya in the mass media, both print and electronic and Social Media. After the identification process,
                                             a measurement of reputation risk will be carried out to assess the category of reputation risk using several parameters in accordance
                                             with the parameter limits in the Reputation Risk Profile Report;
                                        b)   Digital Operations Division identify call centers. After the identification process, a measurement of reputation risk will be carried out
                                             to assess the category of reputation risk using several parameters in accordance with the parameter limits in the Reputation Risk
                                             Profile Report;
                                        c)   Risk monitoring carried out by Corporate Secretary Division, by periodically monitoring the number of complaints and negative news
                                             in the mass media and reporting in the reputation risk profile;
                                        d)   Reputation risk parameters and limits have been established and reviewed periodically every year.
 PILAR 4
 PILLAR 4
 Sistem pengendalian Intern             Pelaksanaan kaji ulang independen (independent review) oleh Divisi Internal Audit (IAU) dilakukan secara berkala terhadap kualitas
 Manajemen risiko                       penerapan manajemen risiko reputasi.

 Risk Management Internal Control       The implementation of independent reviews by the Internal Audit Unit (IAU) is carried out periodically regarding the quality of the
 System                                 implementation of reputation risk management.




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        Ikhtisar Kinerja                         Laporan Manajemen                    Profil Perusahaan                    Tinjauan Pendukung Bisnis
        Performance Highlights                   Management Report                    Company Profile                      Overview of Business Support Units




Tinjauan atas Efektivitas Sistem Manajemen Risiko
Rreview of the Effectiveness of the Risk Management System

Penerapan Manajemen risiko di Bank Raya bertujuan untuk menjaga aset,           The implementation of risk management at Bank Raya aims to maintain
modal Bank, mendukung proses pengambilan keputusan, mengoptimalkan              assets, the Bank's capital, support the decision-making process, optimize the
profile risk return, meningkatkan nilai perusahaan, serta melindungi reputasi   risk return profile, increase the Company's value, and protect the Bank's
Bank. Acuan dasar penerapan manajemen risiko dilakukan dengan                   reputation. The basic reference for the implementation of risk management
berpedoman pada Peraturan Otoritas Jasa Keuangan (POJK) tentang                 is the Financial Services Authority Regulation (POJK) on the Implementation
Penerapan Manajemen Risiko bagi Bank Umum No. 18/POJK.03/2016                   of Risk Management for Commercial Banks No. 18/POJK.03/2016 dated
tanggal 16 Maret 2016, yang dilaksanakan melalui suatu kerangka kerja           March 16, 2016, which is implemented through a framework and governance
dan tata kelola manajemen risiko melalui tahapan proses manajemen               of risk management through the stages of risk management process, namely
risiko yaitu identifikasi, pengukuran, pemantauan dan pengendalian risiko       identification, measurement, monitoring and control of risks at all levels that
pada semua level yang berdampak terhadap bisnis, operasional dan                have an impact on business, operations and organizations.
organisasi.

Pengelolaan risiko di Bank Raya dilakukan secara proaktif untuk mendukung       Risk management at Bank Raya is carried out proactively to support the
pencapaian pertumbuhan yang sehat dan berkelanjutan serta memelihara            achievement of healthy and sustainable growth and maintain an optimal
tingkat risk-adjusted return yang optimal dan shareholder value. Penerapan      level of risk-adjusted return and shareholder value. The implementation of
manajemen risiko dilakukan secara efektif dengan memastikan bahwa               risk management is carried out effectively by ensuring that risk management
pengelolaan manajemen risiko telah dilakukan dengan baik dari sisi              has been carried out properly in terms of the adequacy of risk management
kecukupan bangunan organisasi manajemen risiko (Divisi dan Komite               organizational structure (MR Division and Committee that have been formed),
MR yang dibentuk), kecukupan kompetensi seluruh pekerja terhadap                the adequacy of competence of all workers regarding the principles of risk
prinsip risk and return dan alternatif metode pengendalian risiko. Dalam        and return and alternative risk control methods. In ensuring that all risks
memastikan semua risiko telah diidentifikasi dan dikelola dengan baik,          have been identified and managed properly, Enterprise Risk Management
Divisi Enterprise Risk Management (ERM) dan seluruh Divisi berkolaborasi        Division and all Divisions collaborate to make improvements to the
untuk melakukan perbaikan atas rekomendasi sesuai arahan Direksi.               recommendations according to the direction of the Board of Directors. The
Rekomendasi tersebut akan selalu diupdate progresnya kemudian                   progress of these recommendations will always be updated and then
disampaikan kepada Direksi dalam rapat Risk Management Committee                submitted to the Board of Directors in the Risk Management Committee
(RMC).                                                                          (RMC) meeting.

Selama tahun 2025, Bank Raya meningkatkan penerapan manajemen                   In 2025, Bank Raya improved the implementation of risk management by
risiko dengan memenuhi kebijakan berdasarkan Surat Edaran OJK Nomor             complying with the policies based on OJK Circular Number 28/SEOJK.03/2022
28/SEOJK.03/2022 tentang Sertifikasi Manajemen Risiko bagi Sumber               on Risk Management Certification for Human Resources of Commercial
Daya Manusia Bank Umum. Pencapaian yang dilakukan dalam penerapan               Banks. The risk management certification obtained by the Bank is as follows:
manajemen risiko ditandai dengan berhasilnya program sertifikasi terkait
manajemen risiko di Bank, dengan hasil sebagai berikut:


                                                   Nama Sertifikasi                                                  Jumlah Personil Fungsi Kepatuhan
  No
                                                  Certification Name                                              Number of Compliance Function Personnel

 1      Jenjang 4                                                                                                                    383
        Level 4
 2      Jenjang 5                                                                                                                    153
        Level 5
 3      Jenjang 6                                                                                                                      5
        Level 6
 4      Jenjang 7                                                                                                                      6
        Level 7
 Jumlah                                                                                                                              547
 Amount




Penilaian Risiko Tahun 2025
2025 Risk Assessment

Hasil penilaian self assesment Profil Risiko Bank pada Desember 2025            The Bank's Risk Profile assessment results in December 2025 showed a rank
menunjukkan berada pada peringkat 2 (Low to Moderate).                          of 2 (Low to Moderate).




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       Management Discussion and Analysis           Good Corporate Governance            Sustainability Report                 Audited Financial Report




Pernyataan Direksi dan/atau Dewan Komisaris atau Komite Audit Atas Kecukupan
Sistem Manajemen Risiko
Statement of the Board of Directors and/or Board of Commissioners or Audit Committee on the
Adequacy of Risk Management System

Dewan Komisaris dan Direksi memiliki tanggung jawab atas penerapan
manajemen risiko di Bank Raya. Hal ini sejalan dengan penerapan pilar     The Board of Commissioners and Board of Directors are responsible for
utama pertama dari manajemen risiko yakni pengawasan aktif Dewan          implementing risk management at Bank Raya. This is in line with the
komisaris dan Direksi untuk mengevaluasi pelaksanaan manajemen risiko     implementation of the first main pillar of risk management, namely active
secara berkala.                                                           supervision of the Board of Commissioners and Board of Directors to evaluate
                                                                          the implementation of risk management periodically.
Berpedoman pada Piagam Dewan Komisaris, pengawasan aktif Dewan
Komisaris Bank Raya ditunjukkan dengan persetujuan atas Kebijakan         Guided by the Board of Commissioners' Charter, Bank Raya’s Board of
Manajemen Risiko yang disusun oleh Direksi, serta melakukan evaluasi      Commissioners’ active supervision is demonstrated by the approval of Risk
atas pelaksanaan kebijakan manajemen risiko melalui forum rapat Direksi   Management Policy prepared by the Board of Directors, as well as evaluating
dan Komisaris secara berkala, dalam pelaksanaannya pengawasan aktif       the implementation of risk management policies through periodic Board of
Dewan Komisaris didukung oleh Komite Pemantau Risiko.                     Directors and Board of Commissioners’ meeting forums. In its implementation,
                                                                          the Board of Commissioners’ active supervision is supported by the Risk
                                                                          Monitoring Committee.
Sementara itu, pengawasan aktif Direksi Bank antara lain dilaksanakan
melalui penyusunan, penerapan dan evaluasi atas kebijakan dan prosedur    Meanwhile, active supervision of the Bank's Board of Directors is carried
manajemen risiko. Pelaksanaan pengawasan aktif juga dilakukan melalui     out, among others, through the preparation, implementation, and evaluation
forum rapat Direksi dan Komite Manajemen Risiko (KMR), Bidang Kebijakan   of risk management policies and procedures. The active supervision is also
Kredit dan Bidang Asset and Liability.                                    carried out through Board of Directors and Risk Management Committee
                                                                          (KMR) meeting forums, Credit Policy Division and the Asset and Liability
                                                                          Division.
Kecukupan sistem manajemen risiko telah berjalan dengan memadai
selama tahun 2025 berdasarkan penilaian Dewan Komisaris dan Direksi       The adequacy of risk management system was running adequately during
terhadap sistem manajemen risiko.                                         2025 based on the assessment of the Board of Commissioners and Board
                                                                          of Directors of the risk management system.




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        Ikhtisar Kinerja                       Laporan Manajemen                   Profil Perusahaan                   Tinjauan Pendukung Bisnis
        Performance Highlights                 Management Report                   Company Profile                     Overview of Business Support Units




Sistem Pengendalian Internal
Internal Control System

Pelaksanaan kebijakan, strategi dan pedoman penerapan manajemen              The implementation of policies, strategies, and guidelines for implementing
risiko bank raya didukung oleh Sistem Pengendalian Intern yang efektif       Bank Raya’s risk management is supported by an effective Internal Control
untuk mendeteksi kelemahan dan penyimpangan yang terjadi secara              System to detect weakness and deviation that occur in a timely manner,
tepat waktu, sesuai dengan pendelegasian wewenang dan pemisahan              in accordance with the delegation of authority and separation of functions
fungsi yang diwujudkan dalam sistem dan prosedur operasional. Pengendalian   manifested in the operational system and procedures. Internal control is a
internal merupakan suatu mekanisme pengawasan yang ditetapkan oleh           supervisory mechanism established by the Board of Directors continuously
Direksi secara berkesinambungan dan efektif terhadap pelaksanaan             and effectively for the implementation of business and operational activities
kegiatan usaha dan operasional pada seluruh jenjang organisasi.              at all organizational levels.

Sistem pengendalian internal Bank Raya merupakan suatu mekanisme             Bank Raya’s internal control system is a supervisory mechanism established
pengawasan yang ditetapkan oleh manajemen Bank secara                        by the Bank's management on an ongoing basis, the implementation of
berkesinambungan (ongoing basis) yang pelaksanaannya dipengaruhi             which is influenced by the Board of Commissioners, Board of Directors and
oleh Dewan Komisaris, Direksi serta seluruh pejabat dan pegawai Bank,        all officers and employees of the Bank, designed to provide adequate
dirancang untuk dapat memberikan keyakinan yang memadai dalam                assurance in order to maintain and secure the Bank's assets; ensure the
rangka menjaga dan mengamankan harta kekayaan Bank; menjamin                 availability of accurate reports; improve compliance with applicable
tersedianya laporan yang akurat; meningkatkan kepatuhan terhadap             provisions; reduce the impact of financial losses, deviations including fraud
ketentuan yang berlaku; mengurangi dampak kerugian keuangan,                 and violations of prudential aspects; and improve organizational effectiveness
penyimpangan termasuk kecurangan (fraud) dan pelanggaran aspek               and increase cost efficiency.
kehati-hatian; dan meningkatkan efektivitas organisasi dan meningkatkan
efisiensi biaya.



Pedoman Standar
Standard Guidelines

Pedoman sistem pengendalian Internal Bank Raya berpedoman pada               Bank Raya's Internal Control System Guidelines are guided by the Financial
Surat edaran Otoritas Jasa Keuangan No.35/SEOJK.03/2017 tentang              Services Authority Circular No. 35/SEOJK.03/2017 on the Internal Control
pedoman Standar Sistem pengendalian Intern bagi Bank Umum tanggal            System Standard Guidelines for Commercial Banks dated July 7, 2017,
07 Juli 2017 yang mencakup 5 (lima) elemen pokok yang saling berkaitan       which includes 5 (five) main elements that are interrelated, namely:
yaitu: pengawasan oleh manajemen dan kultur pengendalian; identifikasi       supervision by management and control culture; identification and assessment
dan penilaian risiko; kegiatan pengendalian dan pemisahan fungsi; sistem     of risks; control activities and separation of functions; accounting system,
akuntansi, Informasi dan komunikasi; serta kegiatan pemantauan dan           information and communication; and monitoring activities and corrective
tindakan koreksi penyimpangan.                                               actions for deviations.



Pihak-Pihak Dalam Sistem Pengendalian Internal
Parties in the Internal Control System

Sebagaimana ditetapkan dalam Kebijakan Umum Manajemen Risiko                 As stipulated in the Bank's General Policy of Risk Management, the
Bank, penyelenggara sistem pengendalian intern Bank merupakan tanggung       implementation of the Bank's internal control system is the responsibility of
jawab semua pihak yang terkait dalam organisasi Bank, antara lain:           all parties involved in the Bank's organization, including:
a. Dewan Komisaris yang bertanggung jawab dalam melakukan                    a. The Board of Commissioners is responsible for supervising the Internal
    pengawasan terhadap Sistem Pengendalian Intern secara umum                    Control System in general, including the Board of Directors' policies
    termasuk kebijakan-kebijakan Direksi yang mengatur sistem tersebut            that regulate the system to run well.
    berjalan dengan baik.
b. Direksi                                                                   b.   The Board of Directors
    1. Direksi mempunyai tanggung jawab dalam menciptakan dan                     1. The Board of Directors is responsible for creating and maintaining
         memelihara sistem pengendalian intern yang kuat dan efektif                  a strong and effective internal control system and ensuring that
         serta menjamin bahwa sistem tersebut berjalan secara aman                    the system runs safely and healthily in accordance with the
         dan sehat sesuai dengan tujuan pengendalian intern yang telah                established internal control objectives.
         ditetapkan.
    2. Direktur Manajemen Risiko, Kepatuhan dan Sumber Daya Manusia               2.   The Director of Risk Management, Compliance and Human
         wajib berperan dalam mencegah adanya penyimpangan yang                        Resources must play a role in preventing any deviations by the
         dilakukan oleh Direksi dalam menetapkan kebijakan dan keputusan               Board of Directors in determining policies and decisions related
         yang berkaitan dengan prinsip kehati-hatian.                                  to the principle of prudence.
    3. Direksi harus memastikan bahwa informasi-informasi yang                    3.   The Board of Directors must ensure that the necessary information
         diperlukan diterima secara memadai oleh pihak-pihak ekstern                   is received adequately by external parties who have an interest
         yang memiliki kepentingan terhadap pelaksanaan sistem                         in the implementation of the Bank's internal control system.
         pengendalian intern Bank.
c. Internal Audit                                                            c.   Internal Audit
    1. Internal Audit harus mengevaluasi dan berperan aktif dalam                 1. Internal Audit must evaluate and play an active role in continuously
         meningkatkan efektivitas sistem pengendalian intern secara                    improving the effectiveness of internal control system related to
         berkesinambungan berkaitan dengan pelaksanaan operasional                     the implementation of Bank operations that have the potential
         Bank yang berpotensi menimbulkan kerugian dalam pencapaian                    to cause losses in achieving targets set by the Board of Directors.
         sasaran yang telah ditetapkan oleh Direksi.
    2. Internal audit menempati posisi yang independen dalam melakukan            2.   Internal audit occupies an independent position in assessing the
         penilaian terhadap kecukupan sistem pengendalian intern dalam                 adequacy of internal control system in implementing risk
         penerapan manajemen risiko. Internal Audit wajib menyampaikan                 management. Internal Audit is required to submit a report on the
         laporan hasil pemeriksaan secara langsung kepada Dewan                        audit results directly to the Board of Commissioners and the
         Komisaris dan Direktur Utama.                                                 President Director.




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          Management Discussion and Analysis                  Good Corporate Governance                      Sustainability Report                  Audited Financial Report




     3.    Internal audit harus didukung oleh sistem dan prosedur untuk                          3.    Internal audit must be supported by systems and procedures to
           mendapatkan informasi terkini dalam pelaksanaan aktivitas Bank.                             obtain the latest information in the implementation of Bank
           Dengan demikian, internal audit selalu dapat memperbaiki                                    activities. Thus, internal audit can always improve audit procedures
           prosedur dan cakupan audit sesuai dengan perubahan yang                                     and scope in accordance with changes that occur.
           terjadi.
     4.    Direksi harus mendukung kinerja independen penilaian internal                         4.    The Board of Directors must support the independent performance
           audit, pemenuhan kebutuhan kompetensi sumber daya manusia                                   of internal audit assessments, fulfillment of human resource
           dan sumber daya lainnya untuk penerapan risk-based audit.                                   competency needs and other resources for the implementation of
                                                                                                       risk-based audits.
     5.    Pelaksanaan audit wajib dilakukan secara berkala oleh Internal                        5.    Audits must be carried out periodically by Internal Audit based
           Audit berdasarkan prosedur berlaku. Cakupan dan frekuensi                                   on applicable procedures. The scope and frequency of Internal
           Internal Audit harus ditingkatkan apabila terdapat kelemahan                                Audit must be increased if there are weaknesses and/or problems
           dan atau masalah yang mempengaruhi tingkat risiko secara                                    that significantly affect the level of risk.
           signifikan.
d.   Pekerja yang memiliki tanggung jawab sesuai dengan urain tugas                        d.    Employees who have responsibilities according to their respective job
     masing-masing dan wajib memahami serta melaksanakan sistem                                  descriptions and are required to understand and implement the internal
     pengendalian intern yang telah ditetapkan oleh Direksi. Pekerja juga                        control system that has been determined by the Board of Directors.
     wajib meningkatkan kompetensi masing-masing, memahami budaya                                Employees are also required to improve their respective competencies,
     risiko (risk culture) dengan baik dan mendukung pengungkapan                                understand the risk culture well and support the disclosure of unhealthy
     praktik-praktik perbankan yang tidak sehat maupun bentuk                                    banking practices or other forms of fraud that are detrimental to the
     penyelewengan lainnya yang merugikan Bank, serta melaksanakan                               Bank, and carry out their duties in accordance with the policies and
     tugasnya sesuai dengan kebijakan dan prosedur yang telah ditetapkan                         procedures that have been determined by the Bank.
     oleh Bank.



Penerapan Sistem Pengendalian Intern dan Kesesuaian dengan COSO Internal
Control Framework
Implementation of Internal Control System and Conformity with COSO – Internal Control Framework

Bank Raya menerapkan Sistem pengendalian Intern yang mengacu pada                          Bank Raya implements an Internal Control System that refers to COSO
COSO (Committee of the Sponsoring Organizations of the Treadway                            (Committee of the Sponsoring organizations of the treadway Commission)
Commission) – Internal Control Integrated Framework dalam menyusun                         – Internal Control Integrated Framework in developing an internal control
kerangka kerja pengendalian intern yang memastikan kecukupan                               framework that ensures the adequacy of operational and financial controls,
pengendalian operasional maupun finansial, pelaporan keuangan, efektivitas                 financial reporting, operational effectiveness and efficiency, and compliance
dan efisiensi operasional, serta kepatuhan terhadap hukum dan peraturan                    with applicable laws and regulations.
yang berlaku.

Sistem pengendalian intern Bank Raya telah sesuai dengan Internal Control                  Bank Raya's internal control system is in accordance with the Internal
Integrated Framework yang dikembangkan oleh the Committee of                               Control Integrated Framework developed by the Committee of Sponsoring
Sponsoring organization of the treadway Commission (COSO). Tujuan                          Organizations of the Treadway Commission (COSO). The objectives of
pengendalian intern menurut COSO meliputi tujuan operasional, tujuan                       internal control according to COSO include operational objectives, reporting
pelaporan dan tujuan kepatuhan.                                                            objectives and compliance objectives.

Tujuan operasional berkaitan dengan efektivitas efisiensi operasi. Tujuan                  Operational objectives relate to the effectiveness and efficiency of operations.
pelaporan berkaitan dengan kepentingan pelaporan keuangan yang                             Reporting objectives relate to the interests of financial reporting that meets
memenuhi kriteria andal, tepat waktu, transparan dan persyaratan lain                      the criteria of reliability, timeliness, transparency, and other requirements
yang ditetapkan oleh regulator maupun Bank. Sedangkan tujuan kepatuhan                     set by regulators and the Bank. While compliance objectives relate to the
berkaitan dengan kepatuhan Bank terhadap hukum dan peraturan                               Bank's compliance with laws and regulations.
perundang-undangan.

Dalam COSO disebutkan bahwa pengendalian internal merupakan sistem                         COSO states that internal control is a system or process carried out by the
atau proses yang dijalankan oleh Dewan Komisaris, Direksi, Manajemen                       Board of Commissioners, Board of Directors, Management, and employees
serta pekerja dalam sebuah perusahaan, untuk menyediakan jaminan                           in a company, to provide adequate assurance in order to achieve control
yang memadai demi tercapainya tujuan pengendalian. Menurut COSO,                           objectives. According to COSO, the elements of internal control include
unsur unsur pengendalian intern meliputi komponen-komponen Lingkungan                      the components of Control Environment; Risk assessment; Control activities;
pengendalian; Penilaian risiko; Kegiatan pengendalian; Informasi dan                       Information and Communication; and Monitoring activities.
Komunikasi; dan Kegiatan pemonitoran.


                                                                                                Kesesuaian
            No
                                                                                                Conformity

 Lingkungan              Dewan Komisaris melalui Komite-komite yang telah dibentuk secara berkala telah melakukan pengkajian atas lingkungan pengendalian dan
 Pengendalian            melakukan penilaian secara independen yang dikomunikasikan kepada Direksi untuk ditindaklanjuti.

 Control Environment     The Board of Commissioners, through the Committees that have been formed, has periodically conducted reviews of the control environment, and
                         made independent assessments which have been communicated to the Board of Directors for follow-up.
 Penilaian Risiko        Direksi telah menetapkan prosedur untuk mengantisipasi, mengidentifikasi dan menindaklanjuti kejadian dan kendala yang dapat berpengaruh terhadap
                         pencapaian sasaran. Dewan Komisaris melalui Komite pemantau risiko, memastikan bahwa Direksi telah melaksanakan pengelolaan risiko secara baik.

 Risk Assessment         The Board of Directors has established procedures to anticipate, identify, and follow up on events and obstacles that may affect the target achievement.
                         The Board of Commissioners, through the Risk Monitoring Committee, ensures that the Board of Directors has implemented risk management properly.




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         Performance Highlights                       Management Report                            Company Profile                          Overview of Business Support Units




                                                                                                Kesesuaian
           No
                                                                                                Conformity

 Aktivitas Pengendalian   Kebijakan dan prosedur bagi unit bisnis dan operasional telah disusun serta disetujui oleh Direksi yang secara berkala ditinjau dan diperbaharui oleh
                          Desk Risk Management. Divisi Legal & Compliance bertanggung jawab untuk mensosialisasikan ketentuan regulator yang terbaru, melakukan uji
                          kepatuhan atas kebijakan internal baru serta usulan atas produk ataupun aktivitas baru, menerapkan program Anti Pencucian Uang (APU), Pencegahan
                          Pendanaan Terorisme (PPT) serta memonitor pelaksanaan kepatuhan yang diverifikasi oleh Unit Kerja independen. Divisi Legal & Compliance
                          menyampaikan laporan kepatuhan secara berkala kepada Dewan Komisaris, Direksi dan regulator. Pejabat perusahaan secara berkala meninjau
                          kembali keberadaan dan efektivitas pengendalian, melakukan pembagian tugas yang memadai, melakukan verifikasi rutin dan akurasi data serta
                          memiliki dan menguji rencana penanganan kondisi darurat.

 Control Activities       Policies and procedures for business and operational units have been prepared and approved by the Board of Directors, which are periodically reviewed
                          and updated by the Risk Management Desk. The Legal & Compliance Division is responsible for disseminating the latest regulatory provisions, conducting
                          compliance tests on new internal policies and proposals for new products or activities, implementing Anti-Money Laundering (APU) and Counter
                          Terrorism Financing (CTF) programs and monitoring the implementation of compliance verified by an independent Work Unit. The Legal & Compliance
                          Division submits periodic compliance reports to the Board of Commissioners, Board of Directors, and regulators. Company officials periodically review
                          the existence and effectiveness of controls, carry out adequate division of tasks, conduct routine verification and data accuracy, and have and test
                          emergency response plans.
 Informasi dan            Telah tersedia prosedur dan sistem mengenai pengumpulan data dan teknologi informasi yang dapat menghasilkan laporan kegiatan usaha, kondisi
 Komunikasi               keuangan, penerapan manajemen risiko dan pemenuhan ketentuan yang mendukung pemenuhan tugas Direksi dan Dewan Komisaris.

 Information and          Procedures and systems regarding data collection and information technology have been made available that can produce reports on business
 Communication            activities, financial conditions, implementation of risk management and fulfillment of provisions that support the fulfillment of duties of the Board of
                          Directors and Board of Commissioners.
 Kegiatan Pemonitoran     Direksi, pejabat Bank dan IAU melakukan pemantauan secara terus menerus terhadap efektivitas keseluruhan pelaksanaan pengendalian intern.
                          Pemantauan terhadap risiko utama telah diprioritaskan dan menjadi bagian dari kegiatan sehari-hari, termasuk evaluasi secara berkala.

 Monitoring Activities    The Board of Directors, Bank officials and IAU continuously monitor the overall effectiveness of internal control implementation. Monitoring of key risks
                          has been prioritized and is part of daily activities, including periodic evaluations.




Direksi, pejabat Bank dan IAU melakukan pemantauan secara terus menerus                     The Board of Directors, Bank officials, and IAU continuously monitor the
terhadap efektivitas keseluruhan pelaksanaan pengendalian intern.                           overall effectiveness of internal control implementation. Monitoring of key
Pemantauan terhadap risiko utama telah diprioritaskan dan menjadi bagian                    risks has been prioritized and is part of daily activities, including periodic
dari kegiatan sehari-hari, termasuk evaluasi secara berkala.                                evaluations.



Evaluasi Pelaksanaan Pengendalian Internal
Evaluation of Internal Control Implementation

IAU Bank Raya sebagai Strategic Business Partner (SBP) telah menyesuaikan                   Bank Raya’s IAU as a Strategic Business Partner (SBP) has adjusted IAU’s
struktur organisasi IAU dalam rangka merespon pertumbuhan bisnis Bank                       organizational structure in order to respond to the increasingly complex
Raya yang semakin kompleks dengan membentuk formasi jabatan resident                        business growth of Bank Raya by forming a resident auditor position
auditor. Resident auditor melaksanakan peran dan fungsi audit di Community                  formation. Resident auditors carry out audit roles and functions at Branch
Branch dan unit kerja supervisinya yang bertujuan memberikan nilai tambah                   Offices and their supervised Work Units which aim to provide added value
dan meningkatkan operasional bisnis di Community Branch. IAU juga telah                     and improve business operations at Branch Offices and sub-Branch Offices.
membentuk tim auditor reguler dan tim auditor teknologi yang akan                           IAU has also formed a regular auditor team and a technology auditor team
melaksanakan fungsi assurance dengan memastikan proses pengendalian                         that will carry out assurance functions by ensuring that the internal control
internal di Unit Kerja telah efektif, dan melaksanakan konsultasi yang                      process in the Work Unit is effective, and carrying out independent and
bersifat independen dan objektif.                                                           objective consultations.



Pernyataan Direksi dan/atau Dewan komisaris Atas Kecukupan Sistem Pengendalian
Intern
Statement of the Board of Directors and/or Board of Commissioners on the Adequacy of Internal Control
System

Dewan Komisaris memiliki tanggung jawab dan telah melakukan                                 The Board of Commissioners has the responsibility and has supervised the
pengawasan terhadap pelaksanaan Sistem Pengendalian Intern, termasuk                        implementation of Internal Control System, including approving and
menyetujui dan memantau kebijakan Direksi yang menetapkan pengendalian                      monitoring the Board of Directors' policies that determine the internal control.
intern tersebut. Dalam menjalankan tugas, wewenang dan tanggung                             In carrying out its duties, authorities, and responsibilities to carry out supervision,
jawab melakukan pengawasan, Dewan Komisaris dibantu oleh Komite                             the Board of Commissioners is assisted by the Audit Committee, the Risk
Audit, Komite Pemantau Risiko dan Komite Nominasi dan Remunerasi.                           Monitoring Committee, and the Nomination and Remuneration Committee.

Direksi bertanggung jawab atas terselenggaranya Sistem Pengendalian                         The Board of Directors is responsible for the implementation of a reliable
Intern yang andal dan efektif serta telah melakukan upaya-upaya untuk                       and effective Internal Control System and has made efforts to improve an
meningkatkan budaya sadar risiko yang efektif di setiap level organisasi.                   effective risk-aware culture at every level of the organization. Meanwhile,
Sementara itu Direktur yang membawahkan fungsi kepatuhan berperan                           the Director who is in charge of the compliance function plays an active
aktif dalam mencegah adanya penyimpangan yang dilakukan oleh                                role in preventing any deviations by management in determining policies
manajemen dalam menetapkan kebijakan berkaitan dengan prinsip                               related to the principle of prudence.
kehati-hatian.




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       Management Discussion and Analysis              Good Corporate Governance              Sustainability Report                 Audited Financial Report




Dewan Komisaris dan Direksi menilai bahwa sistem pengendalian intern          The Board of Commissioners and the Board of Directors assess that the
Bank telah memadai untuk tahun buku 2025. Secara berkala, manajemen           Bank's internal control system is adequate for the 2025 fiscal year. Periodically,
melakukan monitoring dan perbaikan terhadap Sistem Pengendalian               management monitors and improves the Company's Internal Control
Internal Perusahaan. Hal tersebut dilakukan untuk memastikan bahwa            System. This is done to ensure that the Internal Control System can run well
Sistem Pengendalian Internal dapat berjalan dengan baik dan efektif.          and effectively.



Laporan Pengendalian Internal Dalam Proses Pelaporan Keuangan
Internal Control Report in the Financial Reporting Process
Penerapan Pengendalian Internal dalam Proses Pelaporan Keuangan di            Bank Raya conducts Internal Control over Financial Reporting as a form of
Bank Raya dilaksanakan sebagai bentuk komitmen dalam menjaga proses           commitment to maintaining integrity in the financial reporting process,
pelaporan keuangan yang berintegritas untuk memastikan kebenaran,             ensuring the truthfulness, accuracy, and transparency of financial information
keakuratan, serta transparansi informasi keuangan dan laporan keuangan        and financial statements produced in accordance with the provisions of
yang dihasilkan sesuai dengan ketentuan Peraturan Otoritas Jasa Keuangan      Financial Services Authority Regulation (POJK) Number 15 of 2024 on
(POJK) Nomor 15 Tahun 2024 tentang Integritas Pelaporan Keuangan.             Financial Reporting Integrity.

Sebagai komitmen dalam mengimplementasikan POJK tersebut di atas,             As part of its commitment to implementing the aforementioned POJK, the
direksi telah :                                                               Board of Directors has carried out the following matters:
1. Menyusun dan menetapkan Pedoman Pelaksanaan Pengendalian                   1. Developing and establishing Guidelines for the Implementation of
     Internal atas Pelaporan Keuangan (SE: B.67/Dir.01.04/PCP/ERM/12/2024         Internal Control over Financial Reporting (SE: B.67/Dir.01.04/PCP/
     pada tanggal 30 Desember 2024).                                              ERM/12/2024 dated December 30, 2024).
2. Menyusun dan menetapkan kebijakan dan prosedur pengendalian                2. Developing and establishing internal control policies and procedures in
     internal dalam proses pelaporan keuangan bank untuk memastikan               the Bank's financial reporting process to ensure the truthfulness, accuracy,
     kebenaran, keakuratan, dan transparansi atas informasi keuangan              and transparency of financial information and financial statements, and
     dan laporan keuangan serta memastikan Laporan Keuangan telah                 ensuring that the Financial Statements have been prepared in accordance
     disusun sesuai dengan Standar Akuntansi Keuangan dan Ketentuan               with Financial Accounting Standards and Financial Services Authority
     Otoritas Jasa Keuangan mengenai Pencatatan Transaksi keuangan.               Regulations on Financial Transaction Recording.
3. Memastikan penerapan Kebijakan dan prosedur pengendalian internal          3. Ensuring effective implementation of internal control policies and
     dalam proses pelaporan keuangan bank berjalan efektif.                       procedures in the Bank's financial reporting process.
4. Menetapkan Unit Kerja Khusus yang mengkoordinasikan proses                 4. Establishing a Special Work Unit to coordinate the internal control
     pengendalian internal dalam proses pelaporan keuangan sesuai POJK            process in the financial reporting process in accordance with POJK 15
     15 Tahun 2024.                                                               of 2024.
5. Menyediakan Sistem Informasi yang mendukung Pelaporan Keuangan             5. Providing an Information System that supports Financial Reporting in
     sesuai dengan Standar Akuntansi Keuangan serta Otoritas Jasa                 line with Financial Accounting Standards and Financial Services
     Keuangan mengenai Pencatatan Transaksi Keuangan.                             Authority's Regulations on Financial Transaction Recording.

Sehubungan dengan penerapan Pengendalian Internal dalam Proses                Regarding the implementation of Internal Control over Financial Reporting,
Pelaporan Keuangan, di Bank Raya menerapkan lima (5) tahapan sebagai          Bank Raya implements the following five (5) stages:
berikut:
1. Perancangan                                                                1.   Design
     Dalam tahap perancangan telah dilakukan penentuan ruang lingkup               In the design stage, the scope was determined based on a Top-Down
     (scoping) berdasarkan Top-Down dan Risk Based Approach yang                   and Risk-Based Approach, consisting of:
     terdiri dari:
     a. Penentuan materialitas meliputi overall materiality dan performance        a.   Determining materiality, including overall materiality and
          materiality.                                                                  performance materiality.
     b. Penentuan akun signifikan dan pengungkapan laporan keuangan                b. Determining significant accounts and significant financial statements
          signifikan.                                                                   disclosures.
     c. Penentuan proses bisnis yang signifikan.                                   c. Determining significant business process.
     d. Penentuan aplikasi yang signifikan.                                        d. Determining significant applications.
     e. Penyusunan Business Process Mapping (BPM) dan Risk Control                 e. Preparation of Business Process Mapping (BPM) and Risk Control
          Matrices (RCM) untuk lingkup pengendalian:                                    Matrices (RCM) for the following control scopes:
          i.   Entity Level Control (ELC)                                               i.   Entity-Level Control (ELC)
          ii. Process Level Control (PLC)                                               ii. Process-Level Control (PLC)
          iii. IT General Control (ITGC).                                               iii. IT General Control (ITGC).
2. Implementasi dan Pemantauan Berkelanjutan                                  2.   Implementation and Continuous Monitoring
     Hasil BPM dan RCM yang telah diidentifikasi dan disusun, selanjutnya          The BPM and RCM results that have been identified and compiled are
     dilakukan Control Self Assessment (CSA).                                      then subjected to a Control Self-Assessment (CSA).
3. Evaluasi                                                                   3.   Evaluation
     Melakukan evaluasi dengan menggunakan Test of Design (ToD) dan                Conducting evaluation using the Test of Design (ToD) and Test of
     Test of Effectiveness (ToE).                                                  Effectiveness (ToE).
4. Remediasi                                                                  4.   Remediation
     Pada tahap remediasi, kontrol-kontrol yang teridentifikasi terdapat           During the remediation stage, controls identified as having weaknesses,
     kelemahan baik secara rancangan maupun operasi dilakukan perbaikan            both in design and operation, are gradually improved.
     secara bertahap.
5. Pelaporan                                                                  5.   Reporting
     Pelaporan atas Pengendalian Internal dalam Proses Pelaporan                   Reporting on Internal Control over Financial Reporting Process is
     Keuangan disampaikan kepada regulator dalam hal ini adalah OJK                submitted to the regulator, in this case OJK, with the following details:
     dengan rincian sebagai berikut.




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          Performance Highlights              Management Report                  Company Profile                    Overview of Business Support Units




     a.    Laporan Hasil Pengawasan Dewan Komisaris dalam Laporan              a.   Report on the Board of Commissioners' Supervision Results in the
           Pengawasan Rencana Bisnis Bank (Semesteran).                             Bank's Business Plan Supervision Report (Semesterly).
     b.    Laporan Implementasi Pengendalian Internal dalam Proses             b.   Internal Control Implementation Report in Process
     c.    Pelaporan Keuangan, yang dicantumkan dalam laporan publikasi        c.   Financial Reporting, which is included in the published financial
           keuangan dan informasi kinerja keuangan tahunan sesuai dengan            statements and annual financial performance information in line
           Peraturan Otoritas Jasa Keuangan mengenai transparansi dan               with the Financial Services Authority Regulation on transparency
           publikasi laporan bank.                                                  and publication of bank reports.



Pernyataan Direksi atas Kecukupan dan Efektivitas Sistem Pengendalian Internal atas
Pelaporan Keuangan Bank
Board of Directors' Statement on the Adequacy and Effectiveness of the Bank's Internal Control System
for Financial Reporting
Bank Raya telah merancang dan menetapkan kebijakan yang dapat              Bank Raya has designed and established policies that provide reasonable
memberikan keyakinan yang memadai atas efektivitas penerapan               assurance on the effectiveness of implementation of Internal Control over
Pengendalian Internal dalam Proses Pelaporan Keuangan sesuai dengan        Financial Reporting Process, in accordance with the established scope.
ruang lingkup yang telah ditetapkan.

Dalam melakukan penilaian, Bank Raya mengacu pada prinsip-prinsip          In conducting its assessment, Bank Raya refers to the basic principles of
dasar Internal Control – Integrated Framework yang diterbitkan oleh        the Internal Control – Integrated Framework issued by the Committee of
Committee of Sponsoring Organizations of the Treadway Commission           Sponsoring Organizations of the Treadway Commission (COSO). Furthermore,
(COSO) . Selain itu, Bank Raya telah mengevaluasi penerapannya sesuai      Bank Raya has evaluated its implementation pursuant to applicable
dengan ketentuan yang berlaku serta menyusun dan menyajikan secara         regulations and has prepared and fairly presented the Financial Statements,
wajar Laporan Keuangan yang dapat memberi keyakinan bahwa Laporan          providing assurance that Bank Raya's Financial Statements are free from
Keuangan Bank Raya bebas dari salah saji material.                         material misstatement.

Sehubungan dengan Laporan Keuangan Bank Raya untuk tahun buku              With regard to Bank Raya's Financial Statements for the fiscal year ending
yang berakhir pada 31 Desember 2025, Direksi Bank Raya dengan ini          December 31, 2025, the Board of Directors of Bank Raya hereby declares
menyatakan bahwa:                                                          that:
Direksi Bank Raya bertanggung jawab atas:                                  The Board of Directors of Bank Raya is responsible for:
1. Penyusunan dan penyajian informasi terkait laporan keuangan.            1. Preparing and presenting information related to the financial statements.
2. Memastikan kesesuaian penyusunan dan penyajian laporan keuangan         2. Ensuring the appropriateness of the preparation and presentation of
     sesuai dengan ketentuan yang berlaku.                                       the financial statements in accordance with applicable regulations.
3. Memastikan kelengkapan dan kebenaran isi laporan keuangan.              3. Ensuring the completeness and accuracy of contents of the financial
                                                                                 statements.
4.   Mengimplementasikan Pengendalian Internal dalam Proses Pelaporan      4. Implementing Internal Control over Financial Reporting Process.
     Keuangan.

Mengingat adanya keterbatasan yang melekat dalam penerapan                 Given the inherent limitations in the application of internal control to the
pengendalian internal pada proses pelaporan keuangan Bank, pengendalian    Bank's financial reporting process, these controls may not always be able
tersebut mungkin tidak selalu mampu mencegah maupun mendeteksi             to prevent or detect all misstatements in the financial statements.
seluruh kesalahan penyajian dalam laporan keuangan.

Direksi Bank Raya telah menelaah dan melakukan penilaian atas Laporan      The Board of Directors of Bank Raya has reviewed and assessed the Financial
Keuangan untuk tahun buku yang berakhir pada 31 Desember 2025 sesuai       Statements for the financial year ended December 31, 2025, in accordance
dengan ketentuan, dengan hasil bahwa pengendalian internal atas            with the provisions. The result is that Bank Raya's internal control over
pelaporan keuangan Bank Raya telah diterapkan secara efektif dan           financial reporting has been implemented effectively and the Financial
Laporan Keuangan telah disajikan secara wajar.                             Statements are presented fairly.




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       Analisis dan Pembahasan Manajemen                  Tata Kelola Perusahaan                  Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis                 Good Corporate Governance               Sustainability Report                 Audited Financial Report




Akuntan Publik
Public Accountant

Kantor Akuntan Publik (KAP), berdasarkan definisi OJK, adalah badan               According to OJK, Public Accounting Firm (KAP) is a business entity established
usaha yang didirikan berdasarkan ketentuan peraturan perundang-                   based on the provisions of laws and regulations and obtains a business
undangan dan mendapatkan izin usaha sebagaimana dimaksud dalam                    license as referred to in the Law on Public Accountant. Meanwhile, a Public
Undang-Undang mengenai Akuntan Publik. Sementara itu, Akuntan Publik              Accountant (AP) is someone who has obtained a license to provide services
(AP) adalah seseorang yang telah memperoleh izin untuk memberikan                 as referred to in Law on Public Accountant. The implementation of best
jasa sebagaimana dimaksud dalam Undang-Undang mengenai Akuntan                    practices of GCG principles in Bank Raya is supported by the role of KAP
Publik. Penerapan atas praktek terbaik prinsip-prinsip GCG di lingkungan          and AP, who periodically audit the Bank's financial statements.
Bank Raya didukung oleh peran KAP dan AP yang secara periodik melakukan
audit atas laporan keuangan Bank.



Kebijakan Penunjukan Akuntan Publik
Public Accountant Appointment Policy

Penunjukan Akuntan Publik oleh Bank Raya berpedoman kepada POJK                   The appointment of Public Accountant by Bank Raya is guided by POJK
No. 9 Tahun 2023 yang menggantikan POJK No. 13/POJK.03/2017 tentang               No. 9 of 2023, which replaces POJK No. 13/POJK.03/2017 on the Use of
Penggunaan Jasa Akuntan Publik dan Kantor Akuntan Publik dalam                    Public Accountant and Public Accounting Firm Services in Financial Services
Kegiatan Jasa Keuangan dan POJK No. 30 Tahun 2023 tentang                         Activities and POJK No. 30 of 2023 on the communication of key audit
pengomunikasian hasil audit utama dalam laporan akuntan publik atas               result in public accountant reports on audited financial statements in the
laporan keuangan yang diaudit di pasar modal.                                     capital market.

Selain itu, secara internal, kebijakan penunjukan AP telah ditetapkan dalam       Furthermore, internally, the AP appointment policy has been stipulated in
Kebijakan Umum Penerapan GCG dan Piagam Dewan Komisaris Bank                      the General Policy on GCG Implementation and the Board of Commissioners
Raya. Kebijakan Umum Penerapan GCG Bank Raya menjelaskan fungsi                   Charter of Bank Raya. Bank Raya's GCG General Policy on GCG
audit ekstern dalam menyediakan informasi keuangan yang transparan                Implementation explains the function of external audit in providing transparent
dan berkualitas. Selain itu, penggunaan dan penunjukan akuntan publik             and quality financial information. In addition, the use and appointment of
dan/atau kantor akuntan publik Bank Raya sesuai dengan POJK No. 9                 public accountant and/or public accounting firmsof Bank Raya are in
Tahun 2023.                                                                       accordance with POJK No. 9 of 2023.

Di sisi lain, Piagam Dewan Komisaris menetapkan salah satu tugas dan              On the other hand, the Board of Commissioners Charter stipulates that one
tanggung jawab Dewan Komisaris adalah mengusulkan AP dan/atau KAP                 of the Board of Commissioners’ duties and responsibilities is to propose AP
yang akan memberikan jasa audit atas informasi keuangan historis tahunan          and/or KAP that will provide audit services for annual historical financial
kepada Rapat Umum Pemegang Saham (RUPS). Usulan AP dan/atau KAP                   information to the General Meeting of Shareholders (GMS). The proposal
tersebut dengan memperhatikan rekomendasi dari Komite Audit kepada                of AP and/or KAP shall consider recommendations from Audit Committee
Dewan Komisaris untuk disampaikan kepada RUPST.                                   to the Board of Commissioners to be submitted to the AGMS.



Persyaratan Auditor
Auditor Requirements

Bank Raya berpandangan bahwa AP dan/atau KAP merupakan pihak yang                 Bank Raya has the opinion that AP and/or KAP are independent and
independen dan profesional yang ditunjuk oleh RUPS dari calon yang diajukan       professional parties, appointed by the GMS from candidates proposed by
oleh Dewan Komisaris untuk melakukan pemeriksaan keuangan Bank. Akuntan           the Board of Commissioners to conduct the Bank's financial audit. Public
Publik juga merupakan auditor yang ditetapkan oleh RUPS dari calon yang           Accountant is also auditor appointed by the GMS from candidates proposed
diajukan oleh Dewan Komisaris berdasarkan usul Komite Audit, untuk menyatakan     by the Board of Commissioners based on the Audit Committee’s proposal,
opini atas laporan keuangan yang disusun manajemen.                               to express an opinion on the financial statements prepared by management.

Oleh karena itu, Bank menetapkan persyaratan AP dan KAP yang terdaftar            Therefore, the Bank determines the requirements for AP and KAP that are
pada OJK, tercatat dalam daftar AP dan KAP yang aktif pada OJK, dan               registered with OJK, recorded in the list of active AP and KAP at OJK, and
memiliki kompetensi sesuai dengan kompleksitas usaha Bank Raya.                   have competencies in accordance with the complexity of Bank Raya's
                                                                                  business.


Proses Penunjukan Auditor Eksternal
External Auditor Appointment Process

Mengacu pada Kebijakan Umum Penerapan GCG dan Piagam Dewan                        Based on Bank Raya’s General Policy on GCG Implementation, Board of
Komisaris Bank Raya, Piagam Dewan Komisaris, dan Piagam Komite Audit,             Commissioners Charter, and Audit Committee Charter, the process of
proses penunjukan AP dan KAP oleh Bank Raya adalah sebagai berikut:               appointing AP and KAP by Bank Raya is as follows:
•   Dewan Komisaris melalui Komite Audit melakukan proses penunjukan              •   The Board of Commissioners through the Audit Committee carries out
    AP dan KAP sesuai dengan ketentuan pengadaan barang dan jasa Bank                 the process of appointing AP and KAP in line with the provisions for
    Raya antara lain menghindari dan mencegah terjadinya pertentangan                 procurement of goods and services of Bank Raya, including avoiding
    kepentingan para pihak yang terkait (conflict of interest), langsung maupun       and preventing conflict of interest between the related parties, directly
    tidak langsung dalam proses pengadaan barang dan/atau jasa,                       or indirectly in the procurement process of goods and/or services,
•   Dewan Komisaris wajib menyampaikan kepada RUPS alasan pencalonan              •   The Board of Commissioners is required to submit to the GMS the
    tersebut dan besarnya honorarium/imbal jasa yang diusulkan untuk                  reasons for nomination and the amount of honorarium/remuneration
    eksternal auditor tersebut,                                                       proposed for the external auditor,
•   Hubungan kerja dengan Auditor Eksternal dituangkan dalam kontrak              •   The work relationship with the External Auditor is stated in a work
    perjanjian kerja yang memuat hak dan kewajiban masing-masing                      agreement contract containing the rights and obligations of each
    pihak.                                                                            party.



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        Ikhtisar Kinerja                          Laporan Manajemen                       Profil Perusahaan                     Tinjauan Pendukung Bisnis
        Performance Highlights                    Management Report                       Company Profile                       Overview of Business Support Units




Pertimbangan Penugasan Akuntan Publik dan Kantor Akuntan Publik
Considerations for Public Accountant and Public Accounting Firm Assignments

Bank Raya melakukan penugasan audit kepada akuntan publik dan kantor                Bank Raya assigns audit to public accountant and public accounting firm
akuntan publik paling sedikit memenuhi aspek kapasitas KAP yang ditunjuk,           that at least meets the capacity aspect of the appointed KAP, legality of
legalitas perjanjian kerja, dan ruang lingkup audit. Selain itu, aspek penting      work agreement, and audit scope. Furthermore, another important aspect
lainnya adalah terkait dengan standar profesional akuntan publik, dan               relates to public accountant professional standards and OJK's communication
komunikasi OJK dengan KAP tersebut.                                                 with the public accounting firm.



Periode Akuntan Publik dan Kantor Akuntan Publik
Period of Public Accountant and Public Accounting Firm

Bank Raya dalam menggunakan jasa audit atas informasi keuangan                      Bank Raya in using audit services for historical financial information is guided
historis berpedoman pada POJK No. 9 tahun 2023 tentang Penggunaan                   by POJK No. 9 of 2023 on the Use of Public Accountant and Public Accounting
Jasa Akuntan Publik dan Kantor Akuntan Publik Dalam Kegiatan Jasa                   Firm Services in Financial Services Activities. The appointment of Public
Keuangan. Penunjukan Akuntan Publik dan/atau Kantor Akuntan Publik                  Accountant and/or Public Accounting Firm to Audit the Financial Statements
untuk Audit Laporan Keuangan Tahun Buku 2025 dilakukan oleh Bank                    for the 2025 Fiscal Year was carried out by Bank Raya with reference to
Raya dengan mengacu pada Keputusan RUPS tanggal 25 Juni 2025 yang                   the GMS Resolution dated June 25, 2025, as presented in the Summary of
disampaikan dalam Ringkasan Risalah RUPS Tahunan No.90/VI/2025                      the Annual GMS Minutes No. 90/VI/2025 dated June 26, 2025, drawn up
tanggal 26 Juni Tahun 2025 dibuat dihadapan Notaris M.Nova Faisal, S.H.,            before Notary M. Nova Faisal, S.H., M.Kn, domiciled in Jakarta. More complete
M.Kn yang berkedudukan di Jakarta. Penjelasan lebih lengkap dapat dilihat           explanation can be found in the GMS section of this Good Corporate
di bagian RUPS dari Bab Tata Kelola Perusahaan ini.                                 Governance Chapter.



Ruang Lingkup, Opini, dan KAP & AP
Scope, Opinion, and KAP & AP

Bank Raya menunjuk KAP untuk melakukan audit dengan ruang lingkup                   Bank Raya appoints KAP to conduct an audit with the scope of the external
tugas auditor eksternal adalah melaksanakan audit laporan keuangan.                 auditor's duties being to carry out an audit of the financial statements. The
Opini audit yang diperoleh adalah Wajar Tanpa Pengecualian dalam lima               audit opinion obtained was unqualified in the last five years.
tahun terakhir.


                                                  KAP                                                                           AP
                                         Public Accounting Firm                                                         Public Accountant
    Tahun
                                                                                                                                                       Nilai Jasa
     Year                                                                                                                                   Periode
                                 Nama                                Izin KAP                         Nama                  Izin AP                    (RpJuta)
                                                                                                                                              Ke
                                 Name                               KAP License                       Name                 AP License                 Service Fee
                                                                                                                                             Period
                                                                                                                                                      (Rp Million)

 2025          KAP Purwanto Susanti dan Surja               69/MK/SK/2025                  Rindra Sulindro                 AP.1865            2         2.025
 2024          KAP Purwantono, Sungkoro & Surja             KMK No. 603/KM.1/2015          Rindra Sulindro                 AP.1865            1         1.850
 2023          KAP Purwantono, Sungkoro & Surja             KMK No. 603/KM.1/2015          Danil Setiadi Handaja, CPA      AP.1008            1         1.750
 2022          KAP Purwantono, Sungkoro & Surja             KMK No. 603/KM.1/2015          Muhammad Kurniawan              AP.0240            1         1.655
 2021          KAP Purwantono, Sungkoro & Surja             KMK No. 603/KM.1/2015          Christophorus Alvin Kossim      AP.1681            2         1.575




Jasa Lain yang Diberikan Akuntan Publik
Other Services Provided by Public Accountants

Selain jasa audit keuangan, KAP Purwanto Susanti dan Surja tidak memberikan         Other than financial audit services, KAP Purwanto Susanti dan Surja did not
jasa lain kepada Bank Raya selama periode penugasan sebagai KAP.                    provide other services to Bank Raya during the assignment period as KAP.




442 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                  Tata Kelola Perusahaan                 Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis                 Good Corporate Governance              Sustainability Report                 Audited Financial Report




Kode Etik
Code of Conduct

Bank Raya berkepentingan untuk menerapkan dan memberlakukan Kode                 Bank Raya has interests in implementing and enforcing the Code of Conduct
Etik dalam rangka penerapan GCG pada setiap tingkatan organisasi Bank.           for the implementation of Good Corporate Governance at every level of
Langkah ini dilakukan guna mewujudkan visi Bank menjadi Bank Digital             the Bank's organization. This aims to realize The Leading Digital Bank
Utama yang Memberikan Solusi Keuangan Digital dengan Akses Terluas               Providing Digital Financial Solutions With The Widest Access for Indonesian
bagi Masyarakat Indonesia. Kode Etik Bank Raya yang dimaksud merupakan           People. The Code of Conduct is a pattern of rules, procedures, signs, and
pola aturan, tata cara, tanda, pedoman etis yang berlaku di Bank dan             ethical guidelines that apply at the Bank and must be obeyed and
wajib ditaati dan dilaksanakan oleh setiap karyawan dalam melakukan              implemented by every Bank Raya Employee in carrying out an activity or
suatu kegiatan atau pekerjaannya dalam rangka mewujudkan Visi Bank               work in order to realize the Bank's Vision in accordance with the Vision and
dan nilai-nilai yang berlaku di lingkungan Bank.                                 Values applicable at Bank Raya.



Kebijakan Kode Etik
Code of Conduct Policy

Bank Raya telah melakukan pembaruan atas Kebijakan Kode Etik sesuai              Bank Raya has updated its Code of Ethics Policy in accordance with the
dengan Surat Edaran Direksi No. SE B:16/Dir.01.04/PCP/LCA/04/2024                Board of Directors' Circular Letter No. SE B:16/Dir.01.04/PCP/LCA/04/2024
tanggal 5 April 2024, tentang Pedoman Pelaksanaan Kode Etik yang                 dated April 5, 2024, concerning Guidelines for the Implementation of the
menggantikan Kebijakan Kode Etik sebelumnya. Kebijakan kode etik                 Code of Ethics, which replaces the previous Code of Ethics Policy. The latest
terbaru tersebut mengatur antara lain beberapa ketentuan terkait kode            code of ethics policy regulates, among other things, several provisions
etik seperti peranan kode etik, elemen kode etik, sosialisasi dan                related to the code of ethics, such as the role of the code of ethics, elements
penandatanganan kode etik, pernyataan kepatuhan kepada kode etik,                of the code of ethics, socialization and signing of the code of ethics,
pelanggaran terhadap kode etik, dan prosedur penandatangan pernyataan            statements of compliance with the code of ethics, violations of the code
kepatuhan terhadap kode etik.                                                    of ethics, and procedures for signing statements of compliance with the
                                                                                 code of ethics.

Selain itu, kebijakan kode etik terbaru tersebut menetapkan tugas dan            Furthermore, the latest Code of Conduct Policy stipulates the duties and
tanggung jawab terkait kode etik bagi Dewan Komisaris, Anggota Komite            responsibilities related to the Code of Conduct for the Board of Commissioners,
di bawah Komisaris, Direksi, Pemimpin Unit Kerja, Insan Bank, Divisi Legal       Members of Committees under the Board of Commissioners, Board of
& Compliance, Divisi Human Capital, Internal Audit (IAU), dan Divisi Corporate   Directors, Work Unit Leaders, Bank Personnel, Legal & Compliance Division,
Secretary.                                                                       Human Capital Division, Internal Audit (IAU), and Corporate Secretary
                                                                                 Division.

Tujuan dari penyusunan pedoman pelaksanaan kode etik adalah terciptanya          The purpose of preparing the Code of Conduct Implementation Guidelines
lingkungan kerja yang baik dengan peningkatan kesejahteraan karyawan             is to create a good work environment with increased welfare of Bank
dan hubungan baik di lingkungan internal Bank Raya dengan komunitas              Personnel and good relations within Bank Raya with certain communities,
tertentu dimana Bank menjadi bagian di dalamnya dan mampu menunjang              where the Bank is a part of it, that can be maintained and support the
kesuksesan Bank dalam jangka panjang sehingga kesejahteraan sosial               Bank's success in the long-term and ultimately achieve social and economic
dan ekonomi akan tercapai. Pedoman Pelaksanaan kode etik juga akan               welfare. The Code of Conduct Implementation Guidelines will also support
mendukung keberhasilan penerapan manajemen risiko dan kepatuhan                  the successful implementation of risk management and compliance with
terhadap seluruh ketentuan hukum yang berlaku pada setiap tingkatan              all applicable legal provisions at every level of the Bank's organization.
organisasi Bank. Selanjutnya, penyusunan pedoman pelaksanaan kode                Furthermore, the preparation of Code of Conduct Implementation Guidelines
etik bertujuan untuk membangun goodwill dan reputasi Bank Raya melalui           aims to build goodwill and reputation of Bank Raya through the character
karakter dari setiap insan Bank.                                                 of each Bank employee.



Elemen-Elemen Kode Etik
Elements of the Code of Conduct

Berpedoman pada Pedoman Pelaksanaan Kode Etik, terdapat beberapa                 Based on the Code of Conduct Implementation Guidelines, there are
elemen penting kode etik sebagai berikut:                                        several important elements of the Code of Conduct as follows:
•   Patuh dan Taat pada Ketentuan Perundang-undangan dan peraturan               •   Complying and Adhering to Applicable Laws and Regulations
    yang Berlaku
•   Melakukan Pencatatan yang Benar Mengenai segala Transaksi yang               •    Making proper records of all transactions related to Bank Raya activities.
    Berkaitan dengan Kegiatan Bank Raya
•   Menghindarkan Diri dari Persaingan yang Tidak Sehat                          •    Avoiding Unhealthy Competition
•   Memberikan Pelayanan dan Memuaskan Nasabah                                   •    Providing Services and Satisfying Customers
•   Menghindarkan Diri dari Keterlibatan Dalam Pengambilan Keputusan,            •    Avoiding Involvement in Decision Making, in Case of Conflict of Interest
    Dalam Hal Terdapat Benturan Kepentingan (Conflict of Interest)
•   Menjaga Kerahasiaan Nasabah dan Perusahaan                                   •    Maintaining Customer and Company Confidentiality
•   Memperhitungkan Dampak yang Merugikan dari Setiap Kebijakan yang             •    Taking into account the adverse impacts of each policy set by the
    Ditetapkan Bank terhadap Keadaan Ekonomi, Sosial dan Lingkungan                   Bank on economic, social, and environmental conditions
•   Dilarang Menerima Hadiah atau Imbalan yang Memperkaya Diri                   •    It is forbidden to accept gifts or rewards that enrich oneself or one's
    Pribadi maupun Keluarganya                                                        family.
•   Memberikan Keteladanan dan Penghargaan kepada Sumber Daya                    •    Providing Role Models and Appreciation to Human Resources
    Manusia
•   Perilaku (Hubungan antar Insan Bank)                                         •    Behavior (Relationships between Bank Personnel)
•   Hubungan dengan Pihak Ketiga                                                 •    Relationship with Third Parties
•   Larangan Insider Trading                                                     •    Prohibition of Insider Trading
•   Pertumbuhan Berkelanjutan                                                    •    Sustainable Growth




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                                                                                                     Annual Report & Sustainability Report   2025 443
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        Ikhtisar Kinerja                          Laporan Manajemen                     Profil Perusahaan                    Tinjauan Pendukung Bisnis
        Performance Highlights                    Management Report                     Company Profile                      Overview of Business Support Units




Sosialisasi dan Penandatanganan Kode Etik
Dissemination and Signing of the Code of Conduct

Sebagaimana ditetapkan di dalam Pedoman Pelaksanaan Kode Etik,                    As stipulated in the Code of Conduct Implementation Guidelines, dissemination
sosialisasi dan penandatangan Kode Etik dilakukan sebagai berikut:                and signing of the Code of Conduct are carried out as follows:
•    Bagian Credit & GCG (CGC) – Divisi Legal and Compliance (LCA)                •     The Credit & GCG (CGC) Section – Legal and Compliance (LCA)
     melaksanakan sosialisasi Kode Etik kepada seluruh Unit Kerja minimal               Division disseminates the Code of Conduct to all Work Units at least 1
     1 (satu) kali dalam 1 (satu) tahun, antara lain melalui website Bank,              (one) time in 1 (one) year, including through the Bank's website, through
     melalui sosialisasi onsite maupun online, sosialisasi saat penandatanganan         onsite and online dissemination, dissemination during the signing of
     Perjanjian Kerja Bersama dengan serikat pekerja, melalui e-learning,               Joint Working Agreement with the labor union, through e-learning,
     dan sebagainya.                                                                    and so on.
•    Setiap Insan Bank harus tunduk terhadap seluruh Elemen Kode Etik             •     Every Bank Employee must comply with all Elements of the Code of
     sebagaimana yang telah dijelaskan di atas.                                         Conduct as explained above.
•    Kepatuhan terhadap seluruh Elemen Kode Etik tersebut di atas dilakukan       •     Compliance with all Elements of the Code of Conduct above is carried
     dengan cara penandatangan Pernyataan Kepatuhan terhadap Kode                       out by signing the Statement of Compliance with the Code of Conduct.
     Etik.
•    Penandatanganan Kode Etik ini dilakukan minimal 1 (satu) kali dalam          •   The signing of this Code of Conduct is carried out at least 1 (one) time
     1 (satu) tahun, yaitu setiap awal tahun pada bulan Januari setiap                in 1 (one) year, which is at the beginning of each year in January and
     tahunnya yang dilaksanakan oleh Bagian Credit & GCG (CGC) – Divisi               carried out by the Credit & GCG (CGC) Section – Legal and Compliance
     Legal and Compliance (LCA). Apabila ada perubahan terhadap                       (LCA) Division. If there is a change to the Workers in the Work Unit
     Pekerja pada Unit Kerja (mutase/promosi/Pekerja baru) diwajibkan                 (transfer/ promotion/ new Workers), they are required to sign the Code
     menandatangani pernyataan Kode Etik tersebut.                                    of Conduct statement.



Pernyataan Kode Etik Berlaku Bagi Dewan Komisaris, Direksi, dan Karyawan
Code of Conduct Statement Applies to the Board of Commissioners, Board of Directors, and Employees

Setiap Insan Bank, sebagaimana ditetapkan dalam Pedoman Pelaksanaan               Every Bank Employee, as stipulated in the Code of Conduct Implementation
Kode Etik, bertanggung jawab untuk mewujudkan Kode Etik ke dalam                  Guidelines, is responsible for implementing the Code of Conduct into daily
kegiatan sehari-hari karena perilaku setiap Insan Bank mencerminkan               activities because every Bank Employee’s behavior reflects Bank Raya's
etika Bisnis Bank Raya. Oleh karena itu, Insan Bank harus menaati beragam         business ethics. Therefore, Bank Personnel must comply with the various
Kode Etik yang telah ditetapkan yang terdiri dari Kode Etik Bank, Kode            Codes of Conduct that have been established, consisting of the Bank's
Etik perilaku (Hubungan Antara Insan Bank), Kode Etik Hubungan dengan             Code of Conduct, Code of Conduct of behavior (Relationships Among
Pihak Ketiga, Kode Etik Larangan Insider Trading, dan Pertumbuhan                 Bank Personnel), Code of Conduct for Relations with Third Parties, Code
Berkelanjutan.                                                                    of Conduct for Prohibiting Insider Trading, and Sustainable Growth.

Selanjutnya, Bank Raya telah memiliki Pernyataan Kepatuhan Terhadap               Furthermore, Bank Raya has a Statement of Compliance with the Code of
Kode Etik yang berlaku bagi Direksi, Dewan Komisaris, Anggota Komite              Conduct that applies to the Board of Directors, Board of Commissioners,
dibawah Dewan Komisaris, dan Pekerja yang berlaku bagi Kepala Divisi/             Members of Committees under the Board of Commissioners, and Workers
Wakil Kepala Divisi/Kepala Desk/Kepala Bagian/Wakil Kepala Bagian/                that applies to Division Heads/Deputy Division Heads/Desk Heads/ Section
Staff/Pelaksana/Pekerja Outsourcing sebagaimana yang ditetapkan dalam             Heads/Deputy Section Heads/Staff/Executors/ Outsourcing Workers as
Surat Edaran Direksi No. SE: B.13/Dir.01.04/PCP/LCA/04/2024 tanggal 5             stipulated in the Board of Directors' Circular No. SE: B.13/Dir.01.04/PCP/
April 2024. Adapun poin-poin Pernyataan Kepatuhan Terhadap Kode Etik              LCA/04/ 2024 dated April 5, 2024. The points of the Statement of Compliance
Bank Raya menyatakan sebagai berikut:                                             with Bank Raya's Code of Conduct are as follows:


 1        Telah membaca, mempelajari dan memahami isi Kode Etik dan bersedia untuk menaati dan melaksanakan Kode Etik dengan sebaik-baiknya.
          Having read, studied, and understood the contents of the Code of Conduct and are willing to comply with and implement the Code of Conduct
          as best as possible.
 2        Akan menaati segala peraturan perundang-undangan yang berlaku dan melakukan tugas dan tanggung jawab yang dipercayakan dengan
          penuh integritas, kesadaran dan tanggung jawab
          Will comply with all applicable laws and regulations and carry out the duties and responsibilities entrusted to with full integrity, awareness, and
          responsibility.
 3        Akan memegang teguh rahasia sesuatu yang menurut sifatnya atau menurut perintah harus dirahasiakan termasuk Rahasia Perusahaan dan
          Rahasia Jabatan.
          Will firmly uphold the confidentiality by nature or according to orders must be kept confidential, including Company Secrets and Job Secrets.
 4        Dalam menjalankan jabatan atau pekerjaan senatiasa akan lebih mementingkan kepentingan Perusahaan daripada kepentingan diri sendiri.
          In carrying out a position or job, always prioritize the interests of the company over own interests.
 5        Akan menjunjung tinggi nilai kehormatan Perusahaan dimanapun berada.
          Will uphold the Company's honor values wherever it is.


Bank Raya melaporkan bahwa semua karyawan dan manajemen Bank                      Bank Raya reports that all employees and management of the Bank signed
telah melakukan penandatangan Pernyataan Kepatuhan Terhadap Kode                  the Statement of Compliance with the Code of Conduct on December 9,
Etik pada tanggal 9 Desember 2025 untuk tahun buku 2025 melalui platform          2025, for the 2025 fiscal year through the Bank's internal platform, Jagat
internal Bank yakni Jagat Raya dikelola oleh Divisi Legal & Compliance.           Raya, which is managed by the Legal & Compliance Division.




444 PT Bank Raya Indonesia Tbk
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       Management Discussion and Analysis               Good Corporate Governance                        Sustainability Report                Audited Financial Report




Upaya Penerapan dan Penegakan Kode Etik
Efforts to Implement and Enforce the Code of Conduct

Dewan Komisaris, Direksi, anggota Komite Dewan Komisaris dan Direksi                   The Board of Commissioners, Board of Directors, Members of Board of
serta seluruh karyawan Bank Raya berkomitmen terhadap penerapan dan                    Commissioners’ Committees and Board of Directors’ Committees, and all
penegakan kode etik Bank Raya melalui penandatangan pernyataan                         Bank Raya employees are committed to implementing and enforcing Bank
kepatuhan terhadap kode etik dan penandatangan pakta integritas setiap                 Raya’s Code of Conduct by signing the Statement of Compliance with the
tahun. Selain itu, setiap insan Bank mewujudkan kode etik ke dalam                     Code of Conduct and an integrity pact every year. In addition, all Bank
kegiatan sehari-hari dengan menaati elemen kode etik. Selanjutnya,                     Personnel embody the Code of Conduct in daily activities by complying
pelanggaran terhadap kode etik dilaporkan melalui mekanisme                            with the Elements of the Code of Conduct. Furthermore, violations of the
Whistleblowing System (WBS).                                                           Code of Conduct are reported through the Whistleblowing System (WBS)
                                                                                       mechanism.


Pelanggaran Terhadap Kode Etik
Violations of the Code of Conduct

Mengacu pada Pedoman Pelaksanaan Kode Etik, setiap pelanggaran                         Guided by the Code of Conduct Implementation Guidelines, any violation
terhadap kode etik akan ditindak sesuai ketentuan yang berlaku di internal             of the Code of Conduct will be prosecuted in line with the provisions
Bank seperti Peraturan Disiplin untuk pekerja dan ketentuan lainnya yang               applicable internally at the Bank such as Disciplinary Regulations for
berlaku di Bank Raya maupun eksternal Bank. Semua Insan Bank                           employees and other provisions applicable at Bank Raya or externally. All
memberitahukan atau melaporkan kepada Audit Intern atau atasan                         Bank personnel must notify or report to Internal Audit or their direct superior
langsungnya atau melalui media WBS yang berlaku di internal Bank                       or through the Bank's internal WBS media as soon as possible for violations
sesegera mungkin atas pelanggaran atau dugaan pelanggaran terhadap                     or suspected violation of the Code of Conduct. The reporting procedure is
Kode Etik. Prosedur pelaporan tersebut diatur dalam ketentuan yang berlaku             regulated in the provisions applicable at the Bank, including regarding
di Bank antara lain tentang WBS, ketentuan terkait Strategi Anti-Fraud                 WBS, provisions related to the Anti-Fraud Strategy and other related
maupun ketentuan terkait lainnya.                                                      provisions.

Bagian CGC dan LCA bertanggungjawab untuk memonitor kepatuhan                          The CGC and LCA divisions are responsible for monitoring compliance
terhadap Kode Etik dan menerbitkan laporan kepada Komite Audit dan                     with the Code of Conduct, issuing reports to the Audit Committee, and
membuat catatan pelanggaran, baik yang potensial maupun yang telah                     making notes of violations, both potential and actual. Furthermore, the
benar-benar terjadi. Selanjutnya, Divisi Human Capital membuat daftar                  Human Capital Division creates a List of Violations and is responsible for
pelanggaran dan bertanggungjawab untuk memberitahukan kepada                           notifying the authorized party for each violation that occurs for a certain
pihak yang diberikan wewenang atas setiap pelanggaran yang terjadi                     period of time.
untuk kurun waktu tertentu.



Mekanisme Sanksi Pelanggaran Kode Etik
Sanction Mechanism for Violations of the Code of Conduct

Berikut adalah matriks tata tertib pemberian hukuman dan tabel jenis                   The following is a matrix of rules for imposing sanctions and a table of types
sanksi dan implikasi yang diterapkan di Bank Raya:                                     of sanctions and implications applied at Bank Raya:
1. SK Direksi No. Kpts. 14/DIR.02.04/MSDM/VII/2012 tanggal 31 Juli 2012                1. Board of Directors’ Decision No. Kpts. 14/DIR.02.04/ MSDM/VII/2012
     tentang peraturan Disiplin; SK Direksi No. Kpts. R.25/DIR.01.02/MSDM/                  dated July 31, 2012, on Disciplinary Regulations; Board of Directors’
     XI/2015 tanggal 18 November 2015 tentang ralat Ketentuan proses                        Decision No. Kpts. R.25/DIR.01.02/MSDM/XI/2015 dated November
     pemberian Hukuman Disiplin; SK Direksi No. Kpts. 57/DIR.01.02/MSDM/                    18, 2015, on the revision of Provisions on the process of imposing
     XII/2015 tanggal 31 Desember 2015 tentang pengaturan Kembali                           Disciplinary Punishment; Board of Directors’ Decision No. Kpts. 57/
     Mengenai tindakan atas pelanggaran Disiplin Kategori ringan Beserta                    DIR.01.02/ MSDM/XII/2015 dated December 31, 2015, on the Re-
     Implikasinya dan Matriks tata tertib Hukuman Disiplin (berlaku s.d. 29                 regulation on Actions for Minor Disciplinary Violations Along with Their
     Januari 2023).                                                                         Implications and the Matrix of Disciplinary Punishment Rules (valid until
                                                                                            January 29, 2023).




                                                                       Pelanggaran                                                 Pembinaan Teguran Lisan/
         Jenis Pelanggaran Disiplin                              Tata Tertib & Administrasi                                     Surat Teguran/Peringatan 1/2/3
        Types of Discipline Violations                             Violations of Order &                                     Development of Oral Recommendations/
                                                                   Administrative Order                                             Reprimand/Warnin 1/2/3




                                                                      Hukuman Disiplin
                                                                  Disciplinary Punishment
                                                   • Penundaan kenaikan upah maks. Selama 1 tahun;
                                                     Delay of wage increase for 1 year at maximum;
                                                   • Penundaan kenaikan pangkat maks. Selama 1 tahun;
                                                     Max promotion delay for 1 year at maximum;
         Pelanggaran Fundamental                   • Penurunan jabatan maks. Selama 1 tahun;
          Fundamental Violations                     Demotion for 1 year at maximum;
                                                   • Penurunan pangkat 1 tingkat maks. Selama 1 tahun;
                                                     Demotion of 1 level for 1 year at maximum;
                                                   • Penundaan kenaikan pangkat maks. Selama 2 tahun;
                                                     Promotion delay for 2 years at maximum;
                                                   • Penundaan kenaikan pengkat maks. Selama 2 tahun;
                                                     Promotion delay for 2 years at maximum;




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                                                                                                            Annual Report & Sustainability Report   2025 445
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          Ikhtisar Kinerja                              Laporan Manajemen                     Profil Perusahaan                   Tinjauan Pendukung Bisnis
          Performance Highlights                        Management Report                     Company Profile                     Overview of Business Support Units




2.    Pedoman Pelaksanaan No. SE. B.07B/Dir.02.05/PCP/01/2023 tanggal                   2.   Implementation Guidelines No. SE. B.07B/Dir.02.05/ PCP/01/2023
      30 Januari 2023 tentang Peraturan Disiplin Bank Raya (berlaku tmt.                     dated January 30, 2023, on Bank Raya’s Disciplinary Regulations (valid
      30 Januari 2023 s.d. sekarang)                                                         from January 30, 2023-present).



                        Jenis-Jenis Pelanggaran Disiplin                                                             Hukuman Disiplin
                         Types of Disciplinary Violations                                                         Disciplinary Punishment

                                    Pelanggaran Tata Tertib                                                           Bentuk Pembinaan
                                   Code of Conduct Violations                                                         Forms of Coaching
                           Perbuatan yang mengganggu ketertiban dan/atau                                     1. Teguran lisan | Verbal Reprimand
                           kelancaran pelaksanaan tugas/pekerjaan.                                           2. Surat Pembinaan | Guidance Letter
                           Actions that disrupt order and/or the smooth                                      3. Peringatan Tertulis | Written Reprimand
                           execution of duties/work.                                                         4. Teguran Tertulis | Written Warning


                                 Pelanggaran Etika dan Reputasi                                                   Bentuk Hukuman Jabatan
                                Ethical and Reputational Violations                                           Forms of Occupational Punishment

                           Pembuatan pelanggaran terhadap kode etik dan perilaku                             1. Turun Jabatan 1 (TJ 1) | Demotion 1 (TJ 1)
                           yang bersikap negatif pada reputasi Perusahaan.                                   2. Turun Jabatan 2 (TJ 2) | Demotion 2 (TJ 2)
                           Actions that violate the code of conduct and behavior                             3. Pemutusan Hubungan Kerja (PHK) |
                           that negatively impact the Company's reputation.                                     Termination of Employment (PHK)


                                   Pelanggaran Fundamental
                                    Fundamental Violations
                           Perbuatan pelanggaran terhadap sistem perbankan
                           (termasuk tetapi tidak terbatas pada pelanggaran
                           peraturan perundang-undangan yang berlaku).
                           Actions that violate the banking system (including but not
                           limited to violations of applicable laws and regulations).



Jumlah pelanggaran dan Sanksi yang Diberikan                                            Number of Violations and Sanctions Imposed
1. Tabel berikut menjelaskan jumlah pelanggaran kode etik beserta                       1. The following table explains the number of code of ethics violations
    sanksi yang diberikan selama tahun 2025: berdasarkan Pelaksanaan                       and sanctions imposed during 2025: based on the Implementation of
    No.SE. B.07B/Dir.02.05/PCP/01/2023 tanggal 30 Januari 2023 tentang                     No. SE. B.07B/Dir.02.05/PCP/01/2023 dated January 30, 2023, on
    Peraturan Disiplin Bank Raya (berlaku tmt. 30 Januari 2023 s.d.                        Bank Raya’s Disciplinary Regulations (effective as of January 30, 2023,
    sekarang):                                                                             to date):


                                                                       Sanksi                                                                  Jumlah
     No
                                                                      Sanction                                                                  Total

 1        PHK                                                                                                                                     2
          Termination of Employment
 2        Turun Jabatan 2 Golongan Jabatan (TJ 2)                                                                                                  -
          Demotion of 2 level
 3        Turun Jabatan 1 Golongan Jabatan (TJ 1)                                                                                                 3
          Demotion of 1 level
 4        Teguran Tertulis                                                                                                                        1
          Written Reprimand
 5        Peringatan Tertulis                                                                                                                     6
          Written Warning
 6        Surat Pembinaan                                                                                                                         1
          Guidance Letter
 Jumlah                                                                                                                                          13
 Total




446 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen              Tata Kelola Perusahaan                Laporan Keberlanjutan                  Laporan Keuangan Audit
       Management Discussion and Analysis             Good Corporate Governance             Sustainability Report                  Audited Financial Report




Sistem Pelaporan Pelanggaran
Whistleblowing System [GRI 2-26]

Sistem pelaporan pelanggaran atau Whistleblowing System (WBS) adalah        Whistleblowing system is a mechanism for reporting violations. As a public
sebuah mekanisme sistem pelaporan pelanggaran. Sebagai sebuah               company, Bank Raya has a well-managed Whistleblowing System (WBS).
perusahaan publik, Bank Raya telah memiliki WBS yang dikelola dengan        This is proof of the Bank's commitment to managing the Company
baik. Hal ini merupakan bukti komitmen terhadap pengelolaan Perusahaan      professionally based on the Code of Conduct and work culture. The WBS
secara profesional dengan berpedoman pada Kode Etik dan budaya kerja.       has been carried out properly to increase the effectiveness of GCG
WBS tersebut telah dilakukan dengan baik dalam rangka meningkatkan          implementation and realize good corporate governance.
efektivitas penerapan GCG dan mewujudkan tata kelola perusahaan yang
baik.

Bank Raya merancang WBS sebagai sebuah perangkat untuk menyediakan          Bank Raya designed the WBS as a tool to provide a channel related to
saluran terkait pengaduan pelanggaran yang mengedepankan kerahasiaan        complaints of violations that prioritize the confidentiality of the whistleblower's
identitas pelapor dan jaminan keamanan bagi pelapor, baik dari internal     identity and guarantee security for the whistleblower, both internally and
maupun eksternal. OJK telah mendorong pengelolaan WBS secara mandiri        externally. OJK has encouraged independent WBS management within
dalam tubuh organisasi entitas usaha, dengan tujuan menciptakan             the business entity organization, with the aim of creating independence in
independensi penanganan pengaduan. Implementasi WBS dilakukan               handling complaints. WBS is carried out by Bank Raya to create a conducive
oleh Bank Raya guna menciptakan iklim yang kondusif dan mendorong           climate and encourage reporting of matters that can cause financial or
pelaporan terhadap hal-hal yang dapat menimbulkan kerugian finansial        non-financial losses, including matters that can damage the organization’s
maupun non finansial, termasuk hal-hal yang dapat merusak citra Bank.       image.



Dasar Hukum dan Kebijakan Whistleblowing System
Legal Basis and Policy of the Whistleblowing System

Bank Raya telah menetapkan melakukan pembaharuan terhadap kebijakan         Bank Raya has updated the WBS policy, which was lastly carried out on
WBS yang terakhir kali dilakukan pada 11 Juli 2025 dengan diterbitkannya    July 11, 2025, through the Board of Directors’ Decision No. SE: B.34/Dir.01.03/
Surat Edaran Direksi No. SE: B. 34/Dir. 01.03/PCP/LCA/07/2025 tentang       PCP/LCA/07/ 2025 on the Whistleblowing System Implementation Guidelines.
Pedoman Pelaksanaan Sistem Pelaporan Pelanggaran atau Whistleblowing        This update also replaces the previous Whistleblowing System Policy, which
System (WBS). Pembaharuan ini sekaligus menggantikan Kebijakan Sistem       was established through the Board of Directors' Decision No. Kpts. B.359/
Pelaporan Pelanggaran (Whistleblowing System) sebelumnya yang               DIR.01.02/OJL/08/2021 on August 5, 2021.
ditetapkan melalui Surat Keputusan Direksi No. Kpts.B.359/DIR.01.02/
OJL/08/2021 pada 5 Agustus 2021.

Hal-hal penting yang diatur dalam Pedoman Pelaksanaan WBS tersebut          The important matters regulated in the WBS Implementation Guidelines
antara lain terkait tentang sarana dan kriteria pelaporan, pihak penerima   include reporting channels and criteria, recipients of information on violation
informasi indikasi pelanggaran, kerahasiaan dan perlindungan pelapor.       indications, confidentiality and protection for whistleblower. Furthermore,
Selain itu, dijelaskan pula terkait dengan mekanisme penanganan WBS,        the WBS handling mechanism and Service Level Agreement (SLA) are also
dan Service Level Agreement (SLA).                                          explained.



Sosialisasi Whistleblowing System
Whistleblowing System Dissemination

Sosialisasi WBS dilakukan secara berkelanjutan melalui pelaksanaan          WBS is disseminated continuously by providing training programs for new
pelatihan kepada pekerja baru, sosialisasi poster pengumuman internal,      employees, disseminating by using internal announcement posters, email
email blast dan SMS blast kepada segenap pekerja serta melalui peran        blasts and SMS blasts to all employees, and through the role of labor union
serikat pekerja untuk membantu mensosialisasikan kepada segenap             to help disseminate to all employees at the Branch.
pekerja di cabang.



Prosedur Penyampaian dan Media Pelaporan Whistleblowing System
Submission Procedure and Reporting Media of the Whistleblowing System

Pelapor (whistleblower) berperan penting untuk melindungi Bank dari         Whistleblowers play a crucial role in protecting the Bank from regulatory
tindakan pelanggaran ketentuan yang akan dapat berdampak pada               violations that can result in greater losses. However, whistleblowers face
kerugian yang lebih besar. Namun demikian, risiko yang dihadapi oleh        significant risks when disclosing violations, ranging from security threats to
pelapor pun juga besar ketika mengungkap pelanggaran, mulai dari            dismissal from their respective institutions. Therefore, the existing applicable
ancaman terhadap keamanan sampai dikeluarkan dari instansi tempatnya        whistleblowing system guarantees comprehensive protection for
bekerja, sehingga dengan adanya sistem pelaporan pelanggaran yang           whistleblowers. The effectiveness of a whistleblowing system is measured
berlaku, terdapat jaminan perlindungan bagi pelapor secara menyeluruh.      by the number of violations detected and the speed with which they are
Sistem pelaporan pelanggaran dapat dikatakan efektif diukur dari jumlah     handled.
pelanggaran yang dapat dideteksi dan kecepatan waktu penanganannya.

Setiap laporan pelanggaran atau dugaan pelaporan akan diproses dan          Every report of violations or alleged reporting will be processed and followed
ditindaklanjuti oleh Bank Raya jika disertai dengan bukti yang kuat dan     up by Bank Raya if accompanied by strong evidence and does not intend
tidak bermaksud untuk menjatuhkan atau memfitnah insan Bank yang            to bring down or slander the Bank's reported personnel. Conversely, reports
dilaporkan. Sebaliknya, laporan yang tidak memenuhi kriteria dimaksud       that do not meet the criteria will not be processed further.
tidak akan diproses lebih lanjut.




                                                                                    Laporan Tahunan & Laporan Keberlanjutan
                                                                                                 Annual Report & Sustainability Report   2025 447
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        Ikhtisar Kinerja                                       Laporan Manajemen                     Profil Perusahaan                  Tinjauan Pendukung Bisnis
        Performance Highlights                                 Management Report                     Company Profile                    Overview of Business Support Units




Untuk menyampaikan laporan tersebut, Bank Raya telah menyediakan                               To submit the report, Bank Raya has provided a special channel for
saluran khusus bagi pelapor untuk menyampaikan laporan pelanggaran.                            whistleblowers to submit reports of violations. In this case, whistleblowers
Dalam hal ini, pelapor dapat menyampaikan pelaporan WBS dengan cara                            can submit WBS reports by:
melalui:




              Ayo ciptakan lingkungan yang transparan,
         bersih, dan jujur demi layanan terbaik untuk semua.



                 Surat Tertulis                                   SMS & Whatsapp                             Email                                  Website
                 Written Letter                                   SMS & Whatsapp                             E-mail                                 Website

   Secara tertulis dalam amplop tertutup              Melalui Email Website                    Melalui email ke:                     Melalui website:
   dengan mencantumkan tulisan pada                   pesan singkat/SMS                        lapor.WBS@bankraya.co.id              https://whistleblowing. bankraya.
   amplop ”confidential/ rahasia” yang                (Short Message Service) atau Whatsapps                                         co.id/
   ditujukan kepada Direktur Utama                    dengan Nomor: 0813 186 30003

   In writing in a sealed envelope with the           Via E-mail, Website, Short Message       Via email to:                         Via website:
   words "confidential" written on the envelope       Service/SMS, or WhatsApp Number:         lapor.WBS@bankraya.co.id              https://whistleblowing. bankraya.
   addressed to the President Director.               0813 186 30003                                                                 co.id/




448 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen               Tata Kelola Perusahaan                 Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis              Good Corporate Governance              Sustainability Report                 Audited Financial Report




Kriteria Pelaporan WBS
WBS Reporting Criteria

Berdasarkan Pedoman Pelaksanaan WBS Bank Raya, terdapat beragam               Based on Bank Raya's WBS Implementation Guidelines, various types of
informasi pelaporan indikasi pelanggaran yang dapat disampaikan dan           reporting information on indications of violations can be submitted and
ditindaklanjuti melalui sarana WBS yaitu laporan atas indikasi: penipuan,     followed up through the WBS, namely the reports of indications of: fraud,
penggelapan, pemalsuan, pencurian, markup, gratifikasi/penyuapan/             embezzlement, forgery, theft, markups, gratuities/bribery/corruption; and
korupsi; dan benturan kepentingan. Selain itu, indikasi pelanggaran lainnya   conflict of interest. In addition, other indications of violations that can be
yang dapat disampaikan berupa pelanggaran terhadap proses akuntansi           reported include violations of the Bank's accounting and financial reporting
dan pelaporan keuangan Bank, dan membuka rahasia Bank untuk                   process, and disclosure of Bank secrets for personal gain/insider trading.
kepentingan pribadi/pelaku insider trading.

Bank Raya juga menerima pelaporan indikasi pelanggaran lain berupa            Bank Raya also accepts reports of indications of other violations in the form
pelanggaran etika diantaranya perubahan gaya hidup (lifestyle), perbuatan     of ethical violations, including lifestyle changes, immoral behavior within
asusila di dalam dan di luar perusahaan, perselingkuhan, pelecehan,           and outside the Company, extramarital affairs, harassment, drug use,
penggunaan narkoba dan terlibat dalam kegiatan masyarakat yang                involvement in prohibited community activities, and/or violations of Bank
dilarang, dan/atau pelanggaran ketentuan/prosedur Bank.                       regulations/procedures.

Indikasi pelanggaran wajib disampaikan oleh pelapor secara jelas dan          Indications of violations must be reported by the whistleblowers clearly and
dapat dipertanggungjawabkan, yang mencantumkan informasi antara               responsibly, including information such as the category of violation reported,
lain kategori pelanggaran yang diadukan, pihak yang terlibat, waktu           the parties involved, the time of the violation, the location of the violation,
terjadinya pelanggaran, tempat terjadinya pelanggaran, kronologi kejadian.    and the chronology of the incident. Furthermore, the whistleblowers must
Selain itu, pelapor juga memberikan bukti-bukti pelanggaran, baik berupa      provide evidence of the violation, in the form of documents, photos, videos,
dokumen/foto/video/informasi pendukung lainnya . Terakhir, pelapor            or other supporting information. Finally, the whistleblowers must provide
memberikan identitas atau informasi kontak lainnya yang dapat dihubungi.      their identity or other contact information .

Sebagai catatan, pelapor dapat memberikan informasi tambahan apabila          Please note that the whistleblowers may provide additional information if
diminta untuk kelengkapan informasi awal indikasi pelanggaran. Pelapor        requested to complete the initial information regarding the alleged violation.
dilarang membuat laporan palsu/fitnah. Pelapor yang melakukan laporan         Whistleblowers are prohibited from making false or defamatory reports.
palsu dan atau fitnah dapat dikenakan sanksi sesuai ketentuan Peraturan       Whistleblowers who make false or defamatory reports may be subject to
Disiplin beserta perundang-undangan yang berlaku.                             sanctions in accordance with the provisions of the Disciplinary Regulations
                                                                              and applicable laws.



Kerahasiaan dan Perlindungan bagi Pelapor
Confidentiality and Protection for Whistleblowers

Bank memberikan perlindungan kerahasiaan identitas pelapor dengan             The Bank protects the confidentiality of whistleblowers by not disclosing
tidak menyampaikan identitas pelapor ke pihak manapun baik Internal           their identities to any parties, either internally or externally. Protection is
maupun eksternal. Perlindungan hanya dapat diberikan kepada pelapor           only granted to whistleblowers under partial anonymity and full disclosure
dengan kategori partial anonymity dan full disclosure. Bank Raya juga         categories. Bank Raya will also maintain confidentiality of reported information
akan merahasiakan informasi yang dilaporkan dan hanya akan menggunakan        and will only use it as an initial source of information in the investigation
informasi tersebut sebagai sumber informasi awal dalam proses investigasi     process without disclosing the whistleblower's identity. In this regard,
tanpa mengungkapkan identitas pelapor. Sehubungan dengan hal tersebut         whistleblowers should provide their name and contact information to
pelapor hendaknya dapat menginformasikan nama maupun informasi                facilitate communication during follow-up on their reports.
kontak pelapor yang dapat dihubungi, untuk dapat memudahkan dalam
melakukan komunikasi untuk tindak lanjut atas pelaporan.

Bank Raya juga memberi pelapor perlindungan atas tindakan balasan             Bank Raya also provides whistleblowers with protection against retaliation
dari terlapor atau Lembaga antara lain perlindungan dari tekanan,             from the accused or the institution, including protection against pressure,
penundaan kenaikan pangkat, pemecatan, gugatan hukum, harta benda,            delays in promotion, dismissal, lawsuit, loss of property, and even physical
hingga tindakan fisik. Perlindungan ini tidak hanya pelapor tetapi dapat      harm. This protection extends not only to the whistleblowers but also to
diperluas hingga ke anggota keluarga pelapor. Pelapor dapat menyampaikan      their family members. Whistleblowers can submit a request for protection
permohonan perlindungan kepada Penanggung jawab WBS (Direktur                 to the WBS Manager (President Director and/or other designated Director)
Utama dan/atau Direktur lainnya yang ditunjuk) melalui Pengelola WBS          through the WBS Manager by letter or email.
dengan surat atau e-mail.

Bentuk perlindungan disesuaikan dengan bentuk ancaman/tindakan                The form of protection depends on the type of threat/ retaliation received.
balasan yang diterima. Pemberian perlindungan dilakukan dengan tetap          Protection is provided while adhering to the principle of confidentiality and
memperhatikan asas kerahasiaan dan ketentuan terkait yang berlaku.            applicable regulations. Protection is not provided to whistleblowers who
Perlindungan tidak diberikan kepada pelapor yang terbukti melakukan           are proven to have committed false and/or defamatory reporting or who
pelaporan palsu dan/atau fitnah atau tidak melakukan kewajiban dalam          have failed to fulfill their obligations to maintain the confidentiality of their
menjaga kerahasiaan identitas diri dan laporannya.                            identity and report.




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        Ikhtisar Kinerja                         Laporan Manajemen                     Profil Perusahaan                    Tinjauan Pendukung Bisnis
        Performance Highlights                   Management Report                     Company Profile                      Overview of Business Support Units




Pihak-Pihak Penerima Informasi
Parties Receiving Information

Pihak-pihak yang dapat menerima informasi indikasi pelanggaran bersifat          Parties who may receive information about alleged violations are limited
terbatas guna menjaga kerahasiaan. Pihak-pihak yang dimaksud adalah              to maintain confidentiality. These parties include the person in charge of
adalah penanggung jawab WBS di Bank Raya, pemimpin unit pengelola                the WBS at Bank Raya, the head of WBS management unit, the person in
WBS, person in charges (PIC) WBS, direksi lainnya yang terkait, dan/atau         charge (PIC) of WBS, other relevant directors, and/or designated officials
pejabat terkait yang ditunjuk (dalam hal laporan tindakan pelanggaran            (if the reported violation does not require a dedicated audit team).
yang disampaikan tidak memerlukan tim pemeriksa secara khusus).



Mekanisme Penanganan WBS
WBS Handling Mechanism

Bank Raya akan menindaklanjuti laporan indikasi pelanggaran melalui 4            Bank Raya will follow up on reports of alleged violations through the
(empat) tahapan berikut ini:                                                     following four stages:




        Penerimaan dan
                                                                                       Pelaksanaan                            Tindak Lanjut dan
       Verifikasi Laporan
                                              Penanganan Laporan                        Investigasi                               Pelaporan
            Receipt and
                                                Report Handling                      Implementation of                          Follow-up and
      Verification of Reports
                                                                                       Investigation                              Reporting




Dalam tahap penerimaan dan verifikasi laporan, pelapor menyampaikan              During the report receipt and verification stage, the whistleblowers submit
laporan pengaduan pelanggaran melalui sarana WBS yang telah ditetapkan           a report of violations through the Bank's designated WBS channel. The
oleh Bank. Laporan tersebut selanjutnya dilakukan verifikasi oleh Unit           report is then verified by the WBS Management Unit to prove whether the
Pengelola WBS untuk membuktikan bahwa laporan yang disampaikan                   submitted report can be followed up and gather sufficient and adequate
dapat ditindaklanjuti serta untuk mengumpulkan bukti awal yang cukup             initial evidence. The WBS Management Unit may request additional
dan memadai. Unit Pengelola WBS dapat meminta informasi tambahan                 information and confirmation from the whistleblowers to complete the
dan konfirmasi kepada pelapor untuk memenuhi informasi dan data                  report's required information and data.
laporan.

Dalam tahap penanganan laporan, pemimpin Unit Pengelola WBS                      During the report handling stage, the WBS Management Unit head validates
melakukan validasi terhadap laporan indikasi pelanggaran serta memberikan        the reported violation indications and proposes a decision on whether or
usulan putusan tindak lanjut apakah dapat ditindaklanjuti atau tidak dapat       not the report can be followed up. If the violation indication is committed
ditindaklanjuti. Jika indikasi pelanggaran dilakukan oleh Dewan komisaris        by the Board of Commissioners and Board of Directors, the investigation is
dan Direksi, maka investigasi dilakukan oleh Komite Audit. Apabila indikasi      conducted by the Audit Committee. If the violation indication is committed
pelanggaran dilakukan oleh anggota Komite Dewan Komisaris, maka                  by a member of the Board of Commissioners’ Committee, the President
Komisaris Utama dapat menunjukkan Komisaris untuk melakukan investigasi.         Commissioner may appoint a commissioner to conduct the investigation.
Manakala indikasi pelanggaran dilakukan oleh PIC WBS, maka Direksi               If the violation indication is committed by the WBS PIC, the Board of Directors
membentuk tim ad hoc yang terdiri dari Unit Kerja Berwenang dan memiliki         will form an ad hoc team consisting of members from Authorized Work Unit
kompetensi sesuai untuk melakukan pemeriksaan.                                   with appropriate competencies to conduct investigation.

Tahap pelaksanaan investigasi meliputi pemeriksaan indikasi pelanggaran          The investigation stage includes examining the violation indications, both
baik dilakukan secara onsite maupun offsite ke Unit Kerja terlapor setelah       on-site and off-site, at the reported Work Unit after receiving an Audit Order
mendapatkan Surat Perintah Audit dari Kepala Divisi Internal Audit, atau         from the Head of Internal Audit Division, or from the President Director if the
dari Direktur Utama dalam hal terlapor merupakan Kepala Divisi Internal          reported party is the Head of Internal Audit Division. The parties involved
Audit. Pihak-pihak yang terlibat dalam tahap ini adalah Divisi Internal Audit,   in this stage are Internal Audit Division, Human Capital Division, other
Divisi Human Capital, divisi lainnya yang terkait, dan pihak internal lainnya.   relevant divisions, and other internal parties.

Selanjutnya, tahap tindak lanjut dan pelaporan meliputi penyampaian              Next, the follow-up and reporting stage includes submitting an audit report
laporan hasil audit atas indikasi pelanggaran kepada Unit Kerja Berwenang        on the indications of violations to the Authorized Work Unit, with the WBS
dengan tindasan Unit Pengelola WBS. Pemantauan tindak lanjut perbaikan           Management Unit reviewing the corrective action. The Audit/Investigation
dilakukan oleh Tim Pemeriksa/Investigasi. Unit Kerja Berwenang melakukan         Team monitors the corrective actions. The Authorized Work Unit follows up
tindak lanjut perbaikan sesuai rekomendasi hasil pemeriksaan dan                 on the recommendations from the audit results and submits a follow-up
menyampaikan laporan tindak lanjut perbaikan kepada Unit Pengelola               corrective action report to the WBS Management Unit based on the audit
WBS terhadap hasil pemeriksaan yang dilakukan oleh Divisi Internal Audit.        results conducted by the Internal Audit Division. The WBS report is then
Laporan WBS selanjutnya disampaikan kepada OJK dan BUMN sesuai                   submitted to OJK and state-owned enterprises (SOEs) in line with applicable
dengan ketentuan yang berlaku.                                                   regulations.




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       Management Discussion and Analysis                Good Corporate Governance              Sustainability Report                  Audited Financial Report




Service Level Agreement (SLA)
Service Level Agreement (SLA)

Ketentuan Service Level Agreement (SLA) terkait dengan WBS adalah               The provisions of Service Level Agreement (SLA) related to the WBS are as
sebagai berikut:                                                                follows:
a. Unit Pengelola WBS melakukan proses verifikasi dan validasi terhadap         a. The WBS Management Unit verifies and validates reports of violation
    laporan indikasi pelanggaran maksimal 5 (lima) hari kerja sejak laporan          indications within a maximum of 5 (five) working days from the date
    diterima.                                                                        the report is received.
b. Unit Pengelola WBS menetapkan waktu pemeriksaan indikasi                     b. The WBS Management Unit set a maximum timeframe for examining
    pelanggaran maksimal 30 (tiga puluh) hari kerja sejak menerima surat             violation indications of 30 (thirty) working days from the date the audit
    penugasan audit atau dapat dilakukan perpanjangan waktu                          assignment letter is received, or an extension of the examination/
    pemeriksaan/investigasi mempertimbangkan pelanggaran.                            investigation period may be granted, by considering the violation.
c. Surat perpanjangan kompleksitas dengan proses pemeriksaan laporan            c. Any extension due to the complexity of examination process for the
    indikasi waktu pemeriksaan sebagaimana disebutkan dalam huruf b                  suspected violation report, as referred to in letter b, must include the
    wajib menyertakan alasan perpanjangan.                                           reason for the extension.
d. Unit Kerja Berwenang melakukan tindak lanjut perbaikan dalam waktu           d. The Authorized Work Unit takes corrective follow-up actions within the
    sebagai berikut:                                                                 following timeframes:
    1. Maksimal 90 (sembilan puluh) hari kerja sejak tanggal laporan                 1. A maximum of 90 (ninety) working days from the date of the
         indikasi pelanggaran oleh Tim Investigasi: dan/atau                              report of violation indication by the Investigation Team; and/or
    2. Maksimal 90 (sembilan puluh) hari kerja sejak ditetapkan tindak               2. A maximum of 90 (ninety) working days from the date the WBS
         lanjut tanpa metode audit oleh Unit Pengelola WBS.                               Management Unit determines the follow-up action without an
                                                                                          audit method.


Pihak Pengelola Whistleblowing System
Whistleblowing System Management Party

Direktur Utama adalah penanggung Jawab WBS Bank Raya yang                       The President Director is the person in charge of Bank Raya’s WBS, who is
bertanggung jawab memastikan tersedianya ketentuan WBS yang jelas               responsible for ensuring the availability of clear and comprehensive WBS
dan komprehensif dan membentuk dan/atau menunjukkan Unit Pengelola              provisions and establishing and/or designating a WBS Management Unit
WBS dengan memastikan kompetensi dan independensinya. Selain Direksi,           by ensuring its competence and independence. In addition to the Board
Dewan Komisaris juga melakukan tindak lanjut laporan indikasi pelanggaran       of Directors, the Board of Commissioners also follows up on reports of
melalui Komite Audit jika terlapor adalah Direksi atau Dewan Komisaris          indications of violations through the Audit Committee if the reported party
tersendiri. Pihak selanjutnya adalah Satuan Kerja dan Unit Kerja Operasional,   is a member of Board of Directors or Board of Commissioners. The next
Unit Kerja Berwenang, dan Unit Pengelola WBS dengan tugas dan wewenang          parties are the Work Unit and Operational Work Unit, Authorized Work Unit,
sebagaimana yang tercantum dalam Pedoman Pelaksanaan WBS Bank                   and WBS Management Unit with duties and authorities as stated in Bank
Raya.                                                                           Raya’s WBS Implementation Guidelines.



Pengaduan WBS Tahun 2025
WBS Complaints in 2025

Bank Raya melaporkan jumlah pengaduan yang masuk melalui sistem                 Bank Raya reported 1 (one) complaint report was received through the
WBS sebanyak 1 (satu) laporan selama tahun 2025 dengan status                   WBS system during 2025, with the resolution status as follows:
penyelesaian sebagai berikut ini:


                                                                                                              Status Tindak Lajut
                                                                                                               Follow Up Status

          Jumlah Pengaduan                            Klasifikasi                          Dalam Proses                                  Selesai
         Number of Complaints                        Classification                        In the process                               Completed

                   1                                       1                                     -                                           1




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           Ikhtisar Kinerja                             Laporan Manajemen                           Profil Perusahaan                       Tinjauan Pendukung Bisnis
           Performance Highlights                       Management Report                           Company Profile                         Overview of Business Support Units




Akses Informasi dan Data Perusahaan
Access to Company Information and Data

Sebagai implementasi dari salah satu prinsip GCG yakni transparansi, Bank                   As an implementation of transparency, one of the GCG principles, Bank
Raya berkomitmen menyediakan informasi keuangan dan non-keuangan                            Raya is committed to providing financial and non-financial information, as
serta informasi terkini Bank sehingga dapat diakses publik melalui beragam                  well as the latest Bank information, for public access through various media,
media antara lain situs website dan sosial media Bank serta Bursa Efek                      including the Bank's website and social media, as well as Indonesia Stock
Indonesia. Selain itu, hal ini merupakan bukti kepatuhan dan pemenuhan                      Exchange. Furthermore, this demonstrates compliance with Law of the
terhadap Undang-Undang Republik Indonesia No. 14 Tahun 2008 tentang                         Republic of Indonesia No. 14 of 2008 on Public Information Disclosure and
Keterbukaan Informasi Publik dan POJK No.8/POJK.04/2015 tentang Situs                       POJK No. 8/POJK.04/2015 on Websites of Issuers or Public Companies.
Web Emiten atau Perusahaan Publik.

Adapun jenis informasi dan data yang disediakan oleh Bank Raya selama                       Furthermore, the types of information and data provided by Bank Raya
tahun 2025 dijelaskan berikut ini.                                                          during 2025 are explained below.




Informasi Perusahaan
Company Information

Para pemangku kepentingan dapat mengakses informasi yang disediakan                         The stakeholders can access information provided by Bank Raya, divided
oleh Bank Raya yang terbagi menjadi berita, insights, dan pengumuman                        into news, insights, and announcements, by visiting https://bankraya.co.
dengan mengakses https://bankraya.co.id/articles/news. Adapun rincian                       id/articles/news. Details on the news, insights, and announcements presented
terkait berita, insights, dan pengumuman yang disajikan selama tahun                        during the 2025 fiscal year are as follows:
buku 2025 adalah sebagai berikut:


                             Tanggal/Bulan Publikasi
          Jenis Informasi
                                  di Website                                                                       Topik
 No           Types of
                            Date/Month of Publication                                                              Topics
            Information
                                  on Website

 Berita
 News
 1        Berita            7 Januari 2025                Jalin Kerjasama dengan Perhutani, Bank Raya Hadirkan Layanan Digital Bantu Kehidupan Lebih Baik dan Peningkatan
                                                          Produktivitas Usaha

          News              January 7, 2025               Collaborating with Perhutani, Bank Raya Offers Digital Services to Improve Livelihoods and Increase Business Productivity
 2        Berita            8 Januari 2025                Raih BUMN Awards 2024, Bank Raya Konsisten Hadirkan Inovasi
          News              January 8, 2025               Winning the 2024 BUMN Awards, Bank Raya Consistently Delivers Innovation
 3        Berita            21 Januari 2025               Bank Raya (AGRO) Realisasikan Buyback Saham Senilai 22 Juta Lembar Saham hingga Desember 2024
          News              January 21, 2025              Bank Raya (AGRO) Implements a Share Buyback Program Worth 22 Million Shares by December 2024
 4        Berita            30 Januari 2025               Dukung Pelaku Usaha Kelola Keuangan Lebih Baik, QRIS Bisnis Bank Raya Kini Dapat Dicairkan hingga 4 Kali dalam
                                                          Sehari

          News              January 30, 2025              Supporting Business Actors in Better Financial Management, Bank Raya's QRIS Business can now be disbursed up to
                                                          four times a day.




452 PT Bank Raya Indonesia Tbk
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     Analisis dan Pembahasan Manajemen                  Tata Kelola Perusahaan                         Laporan Keberlanjutan                   Laporan Keuangan Audit
     Management Discussion and Analysis                 Good Corporate Governance                      Sustainability Report                   Audited Financial Report




                        Tanggal/Bulan Publikasi
     Jenis Informasi
                             di Website                                                                     Topik
No       Types of
                       Date/Month of Publication                                                            Topics
       Information
                             on Website

5    Berita            4 Februari 2025             Bank Raya Kerjasama dengan Mekari Talenta, Permudah Jutaan Talenta Indonesia Akses Layanan Bank Digital
     News              February 4, 2025            Bank Raya in Collaboration with Mekari Talenta to Facilitate Digital Banking Services for Millions of Indonesian Talents
6    Berita            11 Februari 2025            Semakin Mudah Transaksi Pakai Bank Raya, Gratis 100 Kali Transfer BI Fast di Aplikasi Raya
     News              February 11, 2025           Transactions are getting easier with Bank Raya, with 100 free BI Fast transfers on Aplikasi Raya.
7    Berita            18 Februari 2025            Dukung Pelaku Usaha Semakin Cakap Kelola Keuangan Digital, Bank Raya Gandeng Mitra Grab Merchant Perkenalkan
                                                   Saku Bisnis

     News              February 18, 2025           Supporting Business Actors to Become More Capable of Managing Digital Finances, Bank Raya Partners with Grab Merchant
                                                   Partners to Introduce Saku Bisnis
8    Berita            24 Februari 2025            Bank Raya Jalin Kerjasama Value Chain Berbasis Digital dengan APP Group
     News              February 24, 2025           Bank Raya Establishes Digital-Based Value Chain Partnership with APP Group
9    Berita            27 Februari 2025            Program “Pesta Raya” dari Bank Raya Raih Antusiasme Nasabah, Percepatan Inklusi Keuangan Digital Masyarakat
     News              February 27, 2025           "Pesta Raya" Program of Bank Raya Won Customer Enthusiasm, Accelerating Digital Financial Inclusion in the Community
10   Berita            4 Maret 2025                Dukung Pelaku Usaha Semakin Cakap Kelola Keuangan, Bank Raya (AGRO) Ajak Pebisnis Sukses Mengedukasi
                                                   Masyarakat di Inspiraya

     News              March 4, 2025               Supporting Business Actors in managing their finances more effectively, Bank Raya (AGRO) invites successful Business
                                                   Actors to educate the public at Inspiraya.
11   Berita            11 Maret 2025               Kinerja Bank Raya Tumbuh Pesat di 2024, Pertumbuhan Berkualitas Bisnis Digital Semakin Kuat ditopang Optimalisasi
                                                   Sinergi dalam Ekosistem BRI Group

     News              March 11, 2025              Supporting Business Actors in managing their finances more effectively, Bank Raya (AGRO) invites successful entrepreneurs
                                                   to educate the public at Inspiraya.
12   Berita            15 Maret 2025               Kini Fitur BRIFINE DPLK BRI Hadir di Aplikasi Raya, Ajak Masyarakat lebih Mudah Akses Keuangan Digital Mempersiapkan
                                                   Hari Tua

     News              March 15, 2025              BRI's BRIFINE DPLK feature is now available on Aplikasi Raya, making it easier for the public to access digital finance
                                                   and prepare for retirement.
13   Berita            18 Maret 2025               Bank Raya bersama Berbagi Bahagia BRI Group, Salurkan Paket Sembako ke 11 kota di Indonesia
     News              March 18, 2025              Bank Raya, along with BRI Group's Happy Sharing Program, distributed basic food packages to 11 cities in Indonesia.
14   Berita            21 Maret 2025               Fitur Baru Bayar Zakat Pakai Aplikasi Raya, Tidak Perlu Tunggu Hingga Lebaran
     News              March 21, 2025              New Feature to Pay Zakat Using Aplikasi Raya, No Need to Wait Until Eid
15   Berita            26 Maret 2025               Bank Raya Operasional Terbatas Selama Libur Nyepi dan Lebaran 2025
     News              March 26, 2025              Bank Raya’s Limited Operations During Nyepi and Eid al-Fitr 2025 Holidays
16   Berita            9 April 2025                Bank Raya Fasilitasi Mitra SRC dengan Pinang Performa, Pinjaman Digital untuk Tingkatkan Produktivitas Usaha
     News              April 9, 2025               Bank Raya Facilitates SRC Partners with Pinang Performa, a Digital Loan to Increase Business Productivity
17   Berita            15 April 2025               Fitur Kasir Melengkapi Saku Bisnis Bank Raya, Permudah Pelaku Usaha Pantau Keuangan Bisnis

     News              April 15, 2025              The Cashier Feature Completes Bank Raya's Pocket Business Account, Making It Easier for Business Actors to Monitor
                                                   Business Finances
18   Berita            20 April 2025               Bank Raya Dukung Transformasi di HUT Ke-50 Taman Mini Indonesia Indah, Hadirkan Opsi Pembayaran Cashless untuk
                                                   Pengunjung

     News              April 20, 2025              Bank Raya Supports Transformation on the 50th Anniversary of Taman Mini Indonesia Indah, Offering Cashless Payment
                                                   Options for Visitors
19   Berita            31 April 2025               Semakin Mantap Menuju Pertumbuhan Berkelanjutan, Bank Raya Kembali Bukukan Kinerja Keuangan Positif di Triwulan
                                                   I/2025

     News              April 31, 2025              Bank Raya Continues to Steady its Path to Sustainable Growth by Posting Positive Financial Performance in the First
                                                   Quarter of 2025
20   Berita            4 Mei 2025                  Bank Raya Dukung Komunitas Skolari, Ajak Komunitas Pelari Bertumbuh dan Kelola Keuangan Komunitas Lebih Baik
                                                   dengan Saku Bareng

     News              May 4, 2025                 Bank Raya Supports Skolari Community, Encourages Runners to Grow and Manage Community Finances Better with
                                                   Saku Bareng
21   Berita            7 Mei 2025                  Bank Raya Serahkan CSR Kepada Cluster Unggulan Jatiraras Sawarga Cibinong, Dukung Komunitas Pelaku Usaha Go
                                                   Digital dengan Aplikasi Raya

     News              May 7, 2025                 Bank Raya Hands Over CSR to Jatiraras Sawarga Cibinong Leading Cluster, Supporting Go Digital Business Community
                                                   with Aplikasi Raya
22   Berita            15 Mei 2025                 Hadirkan Pelayanan Prima, Bank Raya Kembali Torehkan Prestasi di Industri Bank Digital
     News              May 15, 2025                Delivering Excellent Service, Bank Raya Notches another Mark in the Digital Banking Industry
23   Berita            22 Mei 2025                 Fundamental Perusahaan Positif, Bank Raya (AGRO) Buyback Saham Rp 20 Miliar
     News              May 22, 2025                Positive Company Fundamentals, Bank Raya (AGRO) Buys Back Rp20 Billion in Shares
24   Berita            28 Mei 2024                 Fitur “Tagih Uang” Melengkapi Fitur Saku Bareng Aplikasi Raya, Ajak Komunitas Menabung Hingga 300 Anggota
     News              May 22, 2024                The "Bill Money" feature complements Saku Bareng Aplikasi Raya's features, encouraging the community to save up to
                                                   300 members.
25   Berita            11 Juni 2025                Bank Raya Raih Digital Innovation Awards 2025 Produk Digital Semakin Komprehensif, Bank Raya Konsisten Hadirkan
                                                   Inovasi

     News              June 11, 2025               Bank Raya Won 2025 Digital Innovation Awards. Increasingly Comprehensive Digital Products, Bank Raya Consistently
                                                   Delivers Innovation




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       Ikhtisar Kinerja                             Laporan Manajemen                           Profil Perusahaan                         Tinjauan Pendukung Bisnis
       Performance Highlights                       Management Report                           Company Profile                           Overview of Business Support Units




                         Tanggal/Bulan Publikasi
      Jenis Informasi
                              di Website                                                                        Topik
 No       Types of
                        Date/Month of Publication                                                               Topics
        Information
                              on Website

26    Berita            13 Juni 2025                  Dukung Kelestarian Ekosistem Laut, Bank Raya Tanam Ribuan Pohon Bakau dan Kolaborasi Dengan Kelompok Petani
                                                      untuk Literasi Keuangan

      News              June 13, 2025                 To support marine ecosystem sustainability, Bank Raya planted thousands of mangrove trees and collaborates with
                                                      farmer groups for financial literacy.
27    Berita            17 Juni 2025                  Bank Raya Hadirkan “Raya Poin” di Aplikasi Raya, Ajak Masyarakat Gencar Menabung dan Transaksi Keuangan
      News              June 17, 2025                 Bank Raya Launched "Raya Points" on Aplikasi Raya, Encouraging the Public to Increase Savings and Financial Transactions
28    Berita            23 Juni 2025                  Bank Raya Ajak Generasi Muda Persiapkan Masa Depan dengan Bijak Kelola Keuangan dan Investasi
      News              June 23, 2025                 Bank Raya Encourages Younger Generations to Prepare for the Future by Wisely Managing Finances and Investments
29    Berita            25 Juni 2025                  Bank Raya (AGRO) Selenggarakan RUPST 2025, Semakin Optimis Tumbuh Berkelanjutan dan Fokus Akselerasi
                                                      Pertumbuhan Bisnis Digital

      News              June 25, 2025                 Bank Raya (AGRO) held 2025 AGMS, Increasing Optimism for Sustainable Growth and Focus on Accelerating Digital
                                                      Business Growth
30    Berita            4 Juli 2025                   Fitur Raya Pay Later Hadir di Aplikasi Raya, Bayar Non-tunai Semakin Mudah dan Fleksibel
      News              July 4, 2025                  Raya Pay Later feature is present in Aplikasi Raya, making non-cash payments even easier and more flexible
31    Berita            9 Juli 2025                   Bank Raya Raih SPEx2 Awards 2025 Konsisten Hadirkan Inovasi untuk Produk Digital Semakin Lengkap
      News              July 9, 2025                  Bank Raya Won SPEx2 Awards 2025 for Consistently Delivering Innovation for a More Comprehensive Digital Product Range
32    Berita            18 Juli 2025                  Aplikasi Raya Hadirkan Raya Story, Bantu Nasabah Kelola Keuangan Semakin Cerdas
      News              July 18, 2025                 Aplikasi Raya Presents Raya Story, Helps Customers Manage Their Finances More Intelligently
33    Berita            22 Juli 2025                  Bank Raya Ajak Ribuan Anak Muda Menggerakkan Kemajuan Ekonomi Nasional dengan Cakap Keuangan Digital di
                                                      Young On Top Conference 2025

      News              July 22, 2025                 Bank Raya Invited Thousands of Young People to Drive National Economic Progress with Digital Financial Skills at the
                                                      2025 Young On Top Conference
34    Berita            28 Juli 2025                  Komitmen Dorong Literasi Digital dan Kemajuan Bisnis Pelaku Usaha, Bank Raya Ajak Pelaku Usaha di Cluster Unggulan
                                                      Srikana Surabaya Optimalkan Aplikasi Raya

      News              July 28, 2025                 Committed to Encouraging Digital Literacy and Business Progress, Bank Raya Invites Business Actors in Srikana Surabaya
                                                      Flagship Cluster to Optimize Aplikasi Raya
35    Berita            1 Agustus 2025                Bank Raya Terus Perkuat Kinerja dan Inovasi di Paruh Semester 2025, Pastikan Momentum Pertumbuhan Positif Terjaga

      News              August 1, 2025                Bank Raya Continues to Strengthen Performance and Innovation in the First Semester of 2025, Ensuring Positive Growth
                                                      Momentum to be Maintained
36    Berita            13 Agustus 2025               Bank Raya Optimis Terus Kembangkan Produk Aplikasi Raya yang Built to Last
      News              August 13, 2025               Bank Raya is Optimistic About Continuing to Develop Aplikasi Raya Products To be Built to Last
37    Berita            19 Agustus 2025               Rayakan Kemerdekaan Indonesia, Bank Raya Ajak Pelaku Usaha Semakin Bertumbuh dengan Saku Bisnis, Solusi
                                                      Keuangan untuk Produktivitas Usaha dalam Satu Aplikasi

      News              August 19, 2025               Celebrating Indonesian Independence, Bank Raya Encourages Business Actors to Grow with Saku Bisnis, a Financial Solution
                                                      for Business Productivity in One Application
38    Berita            22 Agustus 2025               Pacu Inklusi Keuangan Digital di Indonesia, Bank Raya Kembali Hadirkan Pesta Raya
      News              August 22, 2025               To Accelerate Digital Financial Inclusion in Indonesia, Bank Raya Presents another Pesta Raya
39    Berita            28 Agustus 2025               Bank Raya Dukung Pertumbuhan Mitra SRC Melalui Pinjaman Produktif
      News              August 28, 2025               Bank Raya Supports SRC Partners' Growth Through Productive Loans
40    Berita            4 September 2025              Rayakan Hari Pelanggan Nasional, Bank Raya Tebar Beragam Promo dan Program Loyalty
      News              September 4, 2025             Celebrating National Customer Day, Bank Raya Offers Various Promotions and Loyalty Programs
41    Berita            8 September 2025              Public Expose Live 2025: Bank Raya (AGRO) Optimis Kinerja Perusahaan Tumbuh Berkelanjutan
      News              September 8, 2025             Public Expose Live 2025: Bank Raya (AGRO) is Optimistic About Sustainable Company Performance Growth
42    Berita            15 September 2025             Saku Bareng Aplikasi Raya Kini Makin Lengkap untuk Komunitas, Ajak Hingga 300 Anggota Menabung Kolektif dan
                                                      Rekap Keuangan Bareng

      News              September 15, 2025            Raya's Saku Bareng app is now even more comprehensive for communities, Invites up to 300 members to save collectively
                                                      and keep financial records together.
43    Berita            19 September 2025             Jadi Sponsor Raya Run, Bank Raya Dorong Geliat Ekonomi Digital di Surabaya
      News              September 19, 2025            Bank Raya, as a sponsor of Raya Run, encourages digital economic growth in Surabaya.
44    Berita            1 Oktober 2025                Rayakan Ulang Tahun ke-36, Bisnis Digital Bank Raya Semakin Tangguh dan Tumbuh Sehat
      News              October 1, 2025               Celebrating its 36th Anniversary, Bank Raya's Digital Business is Increasingly Resilient and Growing Healthily
45    Berita            3 Oktober 2025                Bank Raya Semakin Perkuat Komitmen Implementasi Ekosistem Bisnis Berkelanjutan Berbasis ESG
      News              October 3, 2025               Bank Raya Further Strengthens Commitment to Implementing an ESG-Based Sustainable Business Ecosystem
46    Berita            20 Oktober 2025               Ribuan Pelari Siap Gelorakan Raya Run di Surabaya
      News              October 20, 2025              Thousands of Runners Ready to Enliven Raya Run in Surabaya
47    Berita            22 Oktober 2025               Dukung Pelaku Usaha Lokal Memiliki Bisnis Juara, Bank Raya Kembali Hadirkan Inspiraya bersama Ratusan Pelaku
                                                      Usaha

      News              October 22, 2025              Supporting Local Business Actors to Develop Champion Business, Bank Raya Re-introduces Inspiraya with Hundreds of
                                                      Business Actors
48    Berita            24 Oktober 2025               Bank Raya Hadirkan Fitur “Uang Saku” Dukung Masyarakat Bijak Kelola Keuangan Sejak Dini
      News              October 24, 2025              Bank Raya Introduces "Uang Saku" Feature to Help People Manage Their Finances Wisely from an Early Age
49    Berita            26 Oktober 2025               Ribuan Pelari Memeriahkan Raya Run Surabaya
      News              October 26, 2025              Thousands of runners celebrated Raya Run Surabaya




454 PT Bank Raya Indonesia Tbk
Page 455
     Analisis dan Pembahasan Manajemen                  Tata Kelola Perusahaan                        Laporan Keberlanjutan                 Laporan Keuangan Audit
     Management Discussion and Analysis                 Good Corporate Governance                     Sustainability Report                 Audited Financial Report




                        Tanggal/Bulan Publikasi
     Jenis Informasi
                             di Website                                                                   Topik
No       Types of
                       Date/Month of Publication                                                          Topics
       Information
                             on Website

50   Berita            29 Oktober 2025             Berkomitmen Menjadi Digital Attacker BRI Group, Bank Raya Terus Perkuat Customer Experience dan Employee
                                                   Experience

     News              October 29, 2025            Committed to Becoming BRI Group's Digital Attacker, Bank Raya Continues to Strengthen Customer and Employee
                                                   Experience
51   Berita            31 Oktober 2025             Kinerja Bank Raya Tumbuh Positif di Kuartal III, Semakin Optimis Menuju Kinerja Berkelanjutan
     News              October 31, 2025            Bank Raya's Performance Grows Positively in the Third Quarter, Increasing Optimism for Sustainable Performance
52   Berita            20 November 2025            Sorak Sorai Fest Fun Run Resmi Dimulai, Bank Raya Hadirkan Rute Ikonik Berkeliling Indonesia di Taman Mini Indonesia
                                                   Indah

     News              November 20, 2025           The Cheers of Fest Fun Run Officially Began, Bank Raya Presented an Iconic Route Around Indonesia at Taman Mini
                                                   Indonesia Indah.
53   Berita            24 November 2025            Perkuat Komitmen Hijau dan Berkelanjutan, Bank Raya Raih Penghargaan ESG Appreciation 2025
     News              November 24, 2025           Strengthening its Green and Sustainable Commitment, Bank Raya Wins the 2025 ESG Appreciation Award
54   Berita            27 November 2025            Bank Raya Raih “Most Trusted” Company di CGPI Award 2024 Buktikan Tata Kelola Perusahaan yang Transparan dan
                                                   Akuntabel

     News              November 27, 2025           Bank Raya Won "Most Trusted" Company at the 2024 CGPI Awards, Demonstrating Transparent and Accountable
                                                   Corporate Governance
55   Berita            29 November 2025            Ribuan Pelari Semarakkan Bank Raya Sorak Sorai Fest Fun Run di TMII
     News              November 29, 2025           Thousands of Runners Enliven Bank Raya Cheering Fest Fun Run at TMII
56   Berita            2 Desember 2025             Aplikasi Raya Semakin Lengkap, Hadirkan Ragam Fitur Pembayaran, Nasabah Transaksi dalam Satu Genggaman

     News              December 2, 2025            Aplikasi Raya is More Comprehensive, Offering a Variety of Payment Features, Allows Customers to make Transactions
                                                   in One Hand
57   Berita            4 Desember 2025             Bank Raya Kembali Raih Penghargaan, Semakin Perkuat Reputasi di Industri Bank Digital
     News              December 4, 2025            Bank Raya Won Another Award, Further Strengthening Its Reputation in the Digital Banking Industry
58   Berita            14 Desember 2025            Perkuat Ekonomi Pelaku Usaha, Bank Raya Serahkan Dukungan Prasarana bagi Pedagang Kaki Lima di Cluster Unggulan
                                                   Sidodadi Semarang

     News              December 14, 2025           To Strengthen the Economy of Business Actors, Bank Raya Provided Infrastructure Support to Street Vendors in Sidodadi
                                                   Semarang Flagship Cluster.
59   Berita            19 Desember 2025            Sambut Pekan Nataru, TMII bagian dari InJourney Destination Management Siap Hadirkan “Hadiah dari Hati”

     News              December 19, 2025           Welcoming Christmas and New Year Week, TMII, part of InJourney Destination Management, is ready to present "Gifts
                                                   from the Heart"
60   Berita            24 Desember 2025            Bank Raya [AGRO] Siagakan Layanan 24 Jam dan 23 Cabang Selama Libur Akhir Tahun
     News              December 24, 2025           Bank Raya [AGRO] Offered 24-Hour Service and 23 Branches During the Year-End Holidays
Pengumuman
Announcement
1                      25 Maret 2025               Upload pengumuman jam operasional hari libur Nyepi & Idul Fitri
                       March 25, 2025              Upload announcement of Nyepi and Eid al-Fitr holidays
2                      27 Maret 2025               Upload Anggaran Dasar Bank Raya
                       March 27, 2025              Upload Bank Raya's Articles of Association
3                      02 Mei 2025                 Upload Pengumuman Internet Banking sudah tutup
                       May 2, 2025                 Upload announcement of Internet Banking closure
4                      16 Mei 2025                 Upload Pengumuman RUPS
                       May 16, 2025                Upload announcement of the GMS
5                      26 Mei 2025                 Pengumuman jadwal operasional Community Branch Bank Raya di luar hari kerja operasional
                       May 26, 2025                Announcement of Bank Raya’s Community Branch operational schedules outside of business days
6                      03 Juni 2025                Upload Pemanggilan, Mata Acara Rapat, Tata Tertib & Profil KAP RUPST
                       June 3, 2025                Upload Notice, Meeting Agenda Items, Meeting Conduct & Profile of Public Accounting Firm (KAP) for the AGMS
7                      30 Juni 2025                Upload Risalah RUPST 2025 & KI Pemberhentian BuyBack
                       June 30, 2025               Upload Minutes of the 2025 AGMS & Buyback Termination KI
8                      25 Agustus 2025             Upload pengumuman operasional akhir bulan
                       August 25, 2025             Upload month-end operational announcement
9                      28 Agustus 2025             Pengumuman jadwal operasional Community Branch Bank Raya di luar hari kerja operasional
                       12 September 2025

                       August 28, 2025             Announcement of Bank Raya’s Community Branch operational schedules outside of business days
                       September 12, 2025
10                     10 November 2025            Pengumuman pindah alamat Bank Raya, Community Branch Semarang
                       November 10, 2025           Announcement of Bank Raya’s Community Branch Semarang’s change of address
11                     27 November 2025            Pengumuman jadwal operasional Community Branch Bank Raya di luar hari kerja operasional
                       November 27, 2025           Announcement of Bank Raya’s Community Branch operational schedules outside of business days




                                                                                                Laporan Tahunan & Laporan Keberlanjutan
                                                                                                          Annual Report & Sustainability Report    2025 455
Page 456
        Ikhtisar Kinerja                       Laporan Manajemen                            Profil Perusahaan                 Tinjauan Pendukung Bisnis
        Performance Highlights                 Management Report                            Company Profile                   Overview of Business Support Units




Data Keuangan Perusahaan
Company Financial Data

Sebagai sebuah perusahaan publik, Bank Raya memiliki komitmen terhadap             As a public company, Bank Raya is committed to data transparency and
transparansi data dan publikasi laporan Bank sebagaimana yang diatur               publication of Bank reports as stipulated in POJK No. 18 of 2025. The
dalam POJK No. 18 Tahun 2025. Implementasi atas POJK tersebut dapat                implementation of this POJK can be seen, among others, in the publication
dilihat antara lain dari publikasi laporan keuangan Bank dan data keuangan         of the Bank's financial statements and periodic financial data throughout
secara berkala selama tahun 2025 yang dapat diakses melalui https://               2025 which are accessible at https://bankraya.co.id/corporate/ investor-
bankraya.co.id/corporate/investor-relations. Tabel berikut ini menjelaskan         relations. The following table explains Bank Raya’s publication of its financial
publikasi laporan keuangan dan data keuangan yang dilakukan oleh Bank              statements and financial data.
Raya.


Publikasi Laporan Keuangan Bulanan                                                 Publication of Monthly Financial Statements

                  Posisi Keuangan                                       Tanggal Publikasi                                           Media
                  Financial Position                                     Publication Date                                           Media

 Desember 2025                                      16 Maret 2026                                                                  Website
 December 2025                                      March 16, 2026
 November 2025                                      31 Desember 2025                                                               Website
 November 2025                                      December 31, 2025
 Oktober 2025                                       28 November 2025                                                               Website
 October 2025                                       November 28, 2025
 September 2025                                     31 Oktober 2025                                                                Website
 September 2025                                     October 31, 2025
 Agustus 2025                                       30 September 2025                                                              Website
 August 2025                                        September 30, 2025
 Juli 2025                                          28 Agustus 2025                                                                Website
 July 2025                                          August 28, 2025
 Juni 2025                                          31 Juli 2025                                                                   Website
 June 2025                                          July 31, 2025
 Mei 2025                                           30 Juni 2025                                                                   Website
 May 2025                                           June 30, 2025
 April 2025                                         29 Mei 2025                                                                    Website
 April 2025                                         May 29, 2025
 Maret 2025                                         30 April 2025                                                                  Website
 March 2025                                         April 30, 2025
 Februari 2025                                      27 Maret 2025                                                                  Website
 February 2025                                      March 27, 2025
 Januari 2025                                       28 Februari 2025                                                               Website
 January 2025                                       February 28, 2025
 31 Desember 2024                                   31 Januari 2025                                                                Website
 December 31, 2024                                  January 31, 2025



Publikasi Suku Bunga Dasar Kredit (SBDK)                                           Publication of Prime Lending Rate (SBDK)

                  Posisi Keuangan                                       Tanggal Publikasi                                           Media
                  Financial Position                                     Publication Date                                           Media

 Desember 2025                                      07 Desember 2025                                                               Website
 December 2025                                      December 7, 2025
 November 2025                                      07 November 2025                                                               Website
 November 2025                                      November 7, 2025
 Oktober 2025                                       08 Oktober 2025                                                                Website
 October 2025                                       October 8, 2025
 September 2025                                     07 September 2025                                                              Website
 September 2025                                     September 7, 2025
 Agustus 2025                                       08 Agustus 2025                                                                Website
 August 2025                                        August 8, 2025
 Juli 2025                                          07 Juli 2025                                                                   Website
 July 2025                                          July 7, 2025
 Juni 2025                                          08 Juni 2025                                                                   Website
 June 2025                                          June 8, 2025
 Mei 2025                                           07 Mei 2025                                                                    Website
 May 2025                                           May 7, 2025
 April 2025                                         07 April 2025                                                                  Website
 April 2025                                         April 7, 2025




456 PT Bank Raya Indonesia Tbk
Page 457
      Analisis dan Pembahasan Manajemen      Tata Kelola Perusahaan                     Laporan Keberlanjutan                Laporan Keuangan Audit
      Management Discussion and Analysis     Good Corporate Governance                  Sustainability Report                Audited Financial Report




                 Posisi Keuangan                              Tanggal Publikasi                                          Media
                 Financial Position                            Publication Date                                          Media

Maret 2025                                 07 Maret 2025                                                                Website
March 2025                                 March 7, 2025
Februari 2025                              07 Febuari 2025                                                              Website
February 2025                              February 7, 2025
Januari 2025                               07 Januari 2025                                                              Website
January 2025                               January 7, 2025
31 Desember 2024                           09 Desember 2024                                                             Website
December 31, 2024                          December 9, 2024




Publikasi Laporan Keuangan Triwulanan                                    Publication of Quarterly Financial Statements

                 Posisi Keuangan                              Tanggal Publikasi                                          Media
                 Financial Position                            Publication Date                                          Media

31 Desember 2025 (Audit)                   16 Maret 2026                                                                Website
December 31, 2025 (Audited)                March 16, 2026
30 September 2025                          31 Oktober 2025                                                              Website
September 30, 2025                         October 31, 2025
30 Juni 2025                               31 Juli 2025                                                                 Website
June 30, 2025                              July 31, 2025
31 Maret 2025                              30 April 2025                                                                Website
March 31, 2025                             April 30, 2025
31 Desember 2024 (Audit)                   07 Januari 2025                                                              Website
December 31, 2024 (Audited)                January 7, 2025



Publikasi Rasio Kecukupan Likuiditas (LCR)                               Publication of Liquidity Coverage Ratio (LCR)

                 Posisi Keuangan                              Tanggal Publikasi                                          Media
                 Financial Position                            Publication Date                                          Media

Desember 2025                              17 Maret 2026                                                                Website
December 2025                              March 17, 2026
September 2025                             28 Oktober 2025                                                              Website
September 2025                             October 28, 2025
Juni 2025                                  16 Juli 2025                                                                 Website
June 2025                                  July 16, 2025
Maret 2025                                 30 April 2025                                                                Website
March 2025                                 April 30, 2025
Desember 2024                              10 Maret 2025                                                                Website
December 2024                              March 10, 2025



Publikasi Rasio Pendanaan Stabil Bersih (NSFR)                           Publication of Net Stable Funding Ratio (NSFR)

                 Posisi Keuangan                              Tanggal Publikasi                                          Media
                 Financial Position                            Publication Date                                          Media

Desember 2025                              17 Maret 2026                                                                Website
December 2025                              March 17, 2026
September 2025                             28 Oktober 2025                                                              Website
September 2025                             October 28, 2025
Juni 2025                                  16 Juli 2025                                                                 Website
June 2025                                  July 16, 2025
Maret 2025                                 30 April 2025                                                                Website
March 2025                                 April 30, 2025
Desember 2024                              10 Maret 2025                                                                Website
December 2024                              March 10, 2025




                                                                                  Laporan Tahunan & Laporan Keberlanjutan
                                                                                           Annual Report & Sustainability Report   2025 457
Page 458
        Ikhtisar Kinerja                       Laporan Manajemen                            Profil Perusahaan               Tinjauan Pendukung Bisnis
        Performance Highlights                 Management Report                            Company Profile                 Overview of Business Support Units




Publikasi Rasio Pengungkit                                                         Publication of Leverage Ratio

                  Posisi Keuangan                                       Tanggal Publikasi                                        Media
                  Financial Position                                     Publication Date                                        Media

 Desember 2025                                       17 Maret 2026                                                              Website
 December 2025                                       March 17, 2026
 September 2025                                      28 Oktober 2025                                                            Website
 September 2025                                      October 28, 2025
 Juni 2025                                           16 Juli 2025                                                               Website
 June 2025                                           July 16, 2025
 Maret 2025                                          30 April 2025                                                              Website
 March 2025                                          April 30, 2025
 Desember 2024                                       10 Maret 2025                                                              Website
 December 2024                                       March 10, 2025



Publikasi Eksposur Risiko dan Permodalan                                           Publication of Risk Exposure and Capital

                  Posisi Keuangan                                       Tanggal Publikasi                                        Media
                  Financial Position                                     Publication Date                                        Media

 Desember 2025                                       17 Maret 2026                                                              Website
 December 2025                                       March 17, 2026
 September 2025                                      15 Oktober 2025                                                            Website
 September 2025                                      October 15, 2025
 Juni 2025                                           12 Agustus 2025                                                            Website
 June 2025                                           August 12, 2025
 Maret 2025                                          10 April 2025                                                              Website
 March 2025                                          April 10, 2025
 Desember 2024                                       27 Maret 2025                                                              Website
 December 2024                                       March 27, 2025



Publikasi Presentasi Perusahaan                                                    Publication of Company Presentation

                  Posisi Keuangan                                       Tanggal Publikasi                                        Media
                  Financial Position                                     Publication Date                                        Media

 Corporate Presentation FY25                         17 Maret 2026                                                              Website
                                                     March 17, 2026
 Corporate Presentation 1Q25                         April 2025                                                                 Website
                                                     April 2025
 Corporate Presentation 1H25                         Juli 2025                                                                  Website
                                                     July 2025
 Corporate Presentation 9M25                         November 2025                                                              Website
                                                     November 2025
 Corporate Presentation FY24                         Maret 2025                                                                 Website
                                                     March 2025




Transparansi Penyampaian Laporan
Transparency in Report Submission

Selain kepada OJK, sebagai sebuah perusahaan terbuka dan sahamnya                  In addition to OJK, as a public company and its shares listed on Indonesia
tercatat di Bursa Efek Indonesia (BEI), Bank Raya juga senantiasa melakukan        Stock Exchange (IDX), Bank Raya consistently submits reports electronically
penyampaian laporan secara elektronik melalui IDX e-Reporting (IDXnet)             through IDX e-Reporting (IDXnet), as stipulated in Indonesia Stock Exchange
sebagaimana yang diatur dalam Surat Edaran Bursa Efek Indonesia Nomor              Circular Number 00006/BEI/10-2019 on Procedures for Electronic Report
00006/BEI/10-2019 tentang Tata Cara Penyampaian Laporan Secara                     Submission by Listed Companies. IDXnet is an electronic reporting system
Elektronik Oleh Perusahaan Tercatat. IDXnet merupakan sistem pelaporan             for reporting and information disclosure by Listed Companies and monitoring
elektronik untuk kegiatan penyampaian pelaporan dan keterbukaan                    activities by the Exchange, including electronic communications that IDX
informasi oleh Perusahaan Tercatat dan kegiatan pemantauan oleh Bursa,             may conduct with Listed Companies.
termasuk komunikasi elektronik yang dapat dilakukan oleh BEI kepada
Perusahaan Tercatat.

Ringkasan penyampaian keterbukaan informasi yang disampaikan kepada                A summary of the information disclosure submissions to IDX through IDXnet
BEI melalui IDXnet dan pelaporan kepada OJK untuk tahun buku 2025                  and reports to OJK for the 2025 fiscal year is as follows:
adalah sebagai berikut:




458 PT Bank Raya Indonesia Tbk
Page 459
     Analisis dan Pembahasan Manajemen              Tata Kelola Perusahaan                         Laporan Keberlanjutan                   Laporan Keuangan Audit
     Management Discussion and Analysis             Good Corporate Governance                      Sustainability Report                   Audited Financial Report




                                                                                                                                                       Tujuan
           Nomor Surat               Tanggal                                                   Perihal                                              (OJK atau BEI)
No
          Letter Number               Date                                                     Subject                                                 Purpose
                                                                                                                                                     (OJK or BEI)

1    03 Januari 2025        B.2/CSC/CMP/01/ 2024         Laporan Bulanan Registrasi Pemegang Efek                                                SPE BEI/OJK PM
     January 3, 2025                                     Monthly Report on Securities Holder Registration
2    10 Januari 2025        B.4/DIR.04/CSC/01/ 2025      Laporan Transaksi Afiliasi Transaksi Setor Tunai Tanpa Kartu Nasabah Bank Raya di       SPE BEI/OJK PM
                                                         ATM Setor Tarik BRI.

     January 10, 2025                                    Affiliated Transaction Report on Cardless Cash Deposits by Bank Raya Customers at
                                                         BRI Deposit and Withdrawal ATMs
3    10 Januari 2025        B.17/DIR.01.02/CSC/ 01/      Laporan Realisasi Pembelian Kembali Saham PT Bank Raya Indonesia Tbk s/d 31             SPE BEI/OJK PM
                            2025                         Desember 2024

     January 10, 2025                                    Share Buyback Realization Report of PT Bank Raya Indonesia Tbk until December
                                                         31, 2024
4    03 Februari 2025       B.7/CSC/CMP/02/ 2025         Konfirmasi Kriteria Satu Grup Perusahaan                                                SPE BEI/OJK PM
     February 3, 2025                                    Confirmation of One Company Group Criteria
5    04 Februari 2025       B.8/CSC/CMP/02/ 2025         Laporan Bulanan Registrasi Pemegang Efek                                                SPE BEI/OJK PM
     February 4, 2025                                    Monthly Report on Securities Holder Registration
6    20 Februari 2025       R.81/DIR.04/CSC/02/ 2024     Perubahan Internal Audit                                                                SPE BEI/OJK PM
     February 20, 2025                                   Internal Audit Changes
7    05 Maret 2025          B.11/CSC/CMP/03/ 2025        Laporan Bulanan Registrasi Pemegang Efek                                                SPE BEI/OJK PM
     March 5, 2025                                       Monthly Report on Securities Holder Registration
8    06 Maret 2025          B.101/DIR.04/CSC/ 03/2025    Laporan Transaksi Afiliasi Pengembangan Fitur Produk BRIFINE pada Aplikasi Raya         SPE BEI/OJK PM
     March 6, 2025                                       Affiliated Transaction Report on BRIFINE Product Feature Development on Aplikasi
                                                         Raya
9    10 Maret 2025          B.449A/Dir.01/FAM/ 09/2024   Penyampaian Laporan Akuntan Publik dan/atau Kantor Akuntan Publik Jasa audit            SPE BEI/OJK PM
                                                         atas informasi keuangan historis Tahunan

     March 10, 2025                                      Submission of Public Accountant and/or Public Accounting Firm Reports for Annual
                                                         Historical Financial Information Audit Services
10   12 Maret 2025          B.13/CSC/CMP/ 03/2025        Penyampaian Bukti Iklan Informasi Laporan Keuangan Tahunan                              SPE BEI/OJK PM
     March 12, 2025                                      Submission of Evidence of Advertisement for Annual Financial Statements Information
11   18 Maret 2025          B.119/DIR.01.02/CSC/         Penyampaian Mata Acara Rapat Umum Pemegang Saham Tahunan                                SPE BEI/OJK PM
     March 18, 2025         03/2025                      Submission of Agenda for the Annual General Meeting of Shareholders
12   25 Maret 2025          B.15/CSC/CMP/ 3/2025         Pemberitahuan Rencana Rapat Umum Pemegang Saham Tahunan                                 SPE BEI/OJK PM
     March 25, 2025                                      Notification of the Plan for the Annual General Meeting of Shareholders
13   25 Maret 2025          B.137/DIR.02/CSC/ 03/2025    Rencana Pembelian Saham Kembali Termasuk Rencana Pengalihan Saham Hasil                 SPE BEI/OJK PM
                                                         Pembelian Kembali Saham PT Raya Indonesia Tbk

     March 25, 2025                                      Share Buyback Plan, Including the Plan to Transfer Shares Proceedings from the Share
                                                         Buyback of PT Raya Indonesia Tbk
14   25 Maret 2025          B.16/CSC/CMP/ 03/2025        Penyampaian Bukti Iklan Pemberitahuan RUPS                                              SPE BEI/OJK PM
     March 25, 2025                                      Submission of Evidence of Advertisement for the GMS Notification
15   25 Maret 2025          B16/CSC/CMP/ 03/2025         Penyampaian Bukti Iklan Informasi Pembelian kembali (Buyback) saham                     SPE BEI/OJK PM
     March 25, 2025                                      Submission of Evidence of Advertisement for Share Buyback Information
16   27 Maret 2025          B.143/DIR.02/CSC/ 03/2025    Pemberitahuan Pembatalan Rapat Umum Pemegang Saham Tahunan                              SPE BEI/OJK PM
     March 27, 2025                                      Notification of Cancellation of the Annual General Meeting of Shareholders
17   27 Maret 2025          B.138/DIR.01.02/CSC/         Penyampaian Laporan Tahunan & Keberlanjutan dan ESG                                     SPE BEI/OJK PM
     March 27, 2025         03/2025                      Submission of Annual Report & Sustainability Report and ESG
18   30 Maret 2025          B.138a/DIR.01.02/            Penyampaian Laporan Tahunan & Keberlanjutan dan ESG (KOREKSI)                           SPE BEI/OJK PM
     March 30, 2025         CSC/03/2025                  Submission of Annual Report & Sustainability Report and ESG (CORRECTION)
19   04 April 2025          B.18/CSC/CMP/04/ 2025        Laporan Bulanan Registrasi Pemegang Efek                                                SPE BEI/OJK PM
     April 4, 2025                                       Monthly Report on Securities Holder Registration
20   05-05-2025             B.22/CSC/CMP/05/ 2025        Laporan Bulanan Registrasi Pemegang Efek                                                SPE BEI/OJK PM
     May 5, 2025                                         Monthly Report on Securities Holder Registration
21   05 Mei 2025            B.23/CSC/CMP/05/ 2025        Penyampaian Bukti Iklan Informasi Laporan Keuangan Interim                              SPE BEI/OJK PM
     May 5, 2025                                         Submission of Evidence of Advertisements for Information of Interim Financial
                                                         Statements
22   06 Mei 2025            B.189/DIR.01.02/CSC/05/      Penyampaian Mata Acara Rapat Umum Pemegang Saham Tahunan                                SPE BEI/OJK PM
     May 6, 2025            2025                         Submission of Agenda Items for the Annual General Meeting of Shareholders
23   16 Mei 2025            B.201/DIR.03/CSC/ 05/2025    Pemberitahuan Rencana Rapat Umum Pemegang Saham Tahunan                                 SPE BEI/OJK PM
     May 16, 2025                                        Notification of the Plan for the Annual General Meeting of Shareholders
24   16 Mei 2025            B.200/DIR.03/CSC/05/2025     Rencana Pembelian Saham Kembali Termasuk Rencana Pengalihan Saham Hasil                 SPE BEI/OJK PM
                                                         Pembelian Kembali Saham PT Raya Indonesia Tbk

     May 16, 2025                                        Share Buyback Plan, Including the Plan to Transfer Shares Proceedings from the Share
                                                         Buyback of PT Raya Indonesia Tbk
25   19 Mei 2025            B.25/CSC/CMP/05/ 2025        Penyampaian Bukti Iklan Pemberitahuan RUPS                                              SPE BEI/OJK PM
     May 19, 2025                                        Submission of Evidence of Advertisements for the GMS Notification




                                                                                          Laporan Tahunan & Laporan Keberlanjutan
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      Performance Highlights                  Management Report                           Company Profile                         Overview of Business Support Units




                                                                                                                                                        Tujuan
            Nomor Surat                Tanggal                                                     Perihal                                           (OJK atau BEI)
 No
           Letter Number                Date                                                       Subject                                              Purpose
                                                                                                                                                      (OJK or BEI)

26    19 Mei 2025              B25/CSC/CMP/05/ 2025        Penyampaian Bukti Iklan Penyampaian Bukti Iklan Informasi Pembelian kembali            SPE BEI/OJK PM
                                                           (Buyback) saham

      May 19, 2025                                         Submission of Evidence of Advertisements for Information on Share Buybacks
27    02 Juni 2025             B.211/DIR.02/CSC/ 06/2025   Pemanggilan Rapat Umum Pemegang Saham Tahunan                                          SPE BEI/OJK PM
      June 2, 2025                                         Notice of the Annual General Meeting of Shareholders
28    04 Juni 2025             B.29/CSC/CMP/06/ 2026       Penyampaian Bukti Iklan Panggilan RUPS                                                 SPE BEI/OJK PM
      June 4, 2025                                         Submission of Evidence of Advertisements for GMS Notice
29    04 Juni 2025             B.30/CSC/CMP/06/ 202        Keterbukaan Informasi Pemegang Saham Tertentu                                          SPE BEI/OJK PM
      June 4, 2025                                         Disclosure of Information Regarding Certain Shareholders
30    04 Juni 2025             B.28/CSC/CMP/6/20           Laporan Bulanan Registrasi Pemegang Efek                                               SPE BEI/OJK PM
      June 4, 2025                                         Monthly Report on Securities Holder Registration
31    30 Juni 2025             B.253/DIR.01.02/CSC/06/     Pengakhiran periode dan laporan hasil pelaksaan pembelian kembali saham                SPE BEI/OJK PM
                               2025                        Perseroan (Buyback)

      June 30, 2025                                        End of Period and Report on the Results of the Company's Share Buyback
32    30 Juni 2025             B.254/DIR.02/CSC/06/2025    Ringkasan Risalah Rapat Umum Para Pemegang Saham Tahunan                               SPE BEI/OJK PM
      June 30, 2025                                        Summary of Minutes of the Annual General Meeting of Shareholders
33    02 Juli 2025             B.39/CSC/CMP/07/ 2025       Penyampaian Bukti Iklan Hasil RUPS                                                     SPE BEI/OJK PM
      July 2, 2025                                         Submission of Evidence of Advertisements for the GMS Results
34    03 Juli 2025             B.41/CSC/CMP/07/ 2025       Laporan Bulanan Registrasi Pemegang Efek                                               SPE BEI/OJK PM
      July 3, 2025                                         Monthly Report on Securities Holder Registration
35    09 Juli 2025             B.262/DIR.01.02/CSC/07/     Laporan Realisasi Pembelian Kembali Saham PT Bank Raya Indonesia Tbk Periode           SPE BEI/OJK PM
                               2025                        Juni 2025

      July 9, 2025                                         Report on Realization of Share Buybacks of PT Bank Raya Indonesia Tbk for the Period
                                                           of June 2025
36    10 Juli 2025             B262/DIR.01.02/CSC/07/      Laporan Pembelian Kembali Saham (Buy Back)                                             SPE BEI/OJK PM
      July 10, 2025            2025                        Report on Share Buyback
37    15 Juli 2025             B.42/CSC/CMP/ 07/2025       Penjelasan atas Volatilitas Transaksi                                                  SPE BEI/OJK PM
      July 15, 2025                                        Explanation of Transaction Volatility
38    16 Juli 2025             B.280/DIR.02/CSC/ 07/2025   Laporan Pengalihan Kembali Saham Hasil Buy Back                                        SPE BEI/OJK PM
      July 16, 2025                                        Report on the Transfer of Shares Resulting from the Buyback
39    16 Juli 2025             B.281/DIR.01.02/CSC/07/     Laporan Pembelian Kembali Saham (Buy Back)                                             SPE BEI/OJK PM
      July 16, 2025            2025                        Report on Share Buyback
40    22 Juli 2025             B.287/DIR.02.03/CSC/07/     Laporan Perubahan Anggaran Dasar PT Bank Raya Indonesia Tbk                            SPE BEI/OJK PM
                               2025
      July 22, 2025                                        Report on Amendments                to    the     Articles   of   Association    of
                                                           PT Bank Raya Indonesia Tbk
41    22 Juli 2025             B.43/CSC/CMP/07/ 2025       Informasi Perubahan Pengurus                                                           SPE BEI/OJK PM
      July 22, 2025                                        Information on Changes in Management
42    23 Juli 2025             B.289A/DIR.01/FAM/07/       Penyampaian Jawaban Atas Penelaahan Laporan Keuangan Tahunan 2025 PT                   SPE BEI/OJK PM
                               2025                        Bank Raya Indonesia Tbk

      July 23, 2025                                        Submission of Responses to the Review of the 2025 Annual Financial Statements of
                                                           PT Bank Raya Indonesia Tbk
43    24 Juli 2025             B.297/DIR.01.02/CSC/07/     Risalah Rapat Umum Para Pemegang Saham Tahunan                                         SPE BEI/OJK PM
      July 24, 2025            2025                        Minutes of the Annual General Meeting of Shareholders
44    04 Agustus 2025          B.44/CSC/CMP/08/ 2025       Penyampaian Bukti Iklan Informasi Laporan Keuangan Interim                             SPE BEI/OJK PM
      August 4, 2025                                       Submission of Evidence of Advertisements for Interim Financial Statements
45    04 Agustus 2025          B.45/CSC/CMP/08/ 2025       Laporan Bulanan Registrasi Pemegang Efek                                               SPE BEI/OJK PM
      August 4, 2025                                       Monthly Report on Securities Holder Registration
46    25 Agustus 2025          B.343/DIR.01.02/CSC/08/     Rencana Penyelenggaraan Public Expose Tahunan                                          SPE BEI/OJK PM
      August 25, 2025          2025                        Annual Public Expose Plan
47    27 Agustus 2025          B.347/DIR.03/CSC/ 08/2025   Laporan Transaksi Afiliasi Penandatanganan Addendum PKS Akses Data Watchlist           SPE BEI/OJK PM
      August 27, 2025                                      Affiliated Transaction Report Signing of the Addendum to Cooperation Agreement
                                                           (PKS) Data Watchlist Access
48    03 September 2025        B.356/DIR.02/CSC/ 09/2025   Penyampaian Materi Public Expose Tahunan                                               SPE BEI/OJK PM
      September 3, 2025                                    Submission of Annual Public Expose Materials
49    04 September 2025        B.46/CSC/CPA/09/ 2025       Laporan Bulanan Registrasi Pemegang Efek                                               SPE BEI/OJK PM
      September 4, 2025                                    Monthly Report on Securities Holder Registration




460 PT Bank Raya Indonesia Tbk
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     Management Discussion and Analysis             Good Corporate Governance                      Sustainability Report                    Audited Financial Report




                                                                                                                                                        Tujuan
          Nomor Surat               Tanggal                                                     Perihal                                              (OJK atau BEI)
No
         Letter Number               Date                                                       Subject                                                 Purpose
                                                                                                                                                      (OJK or BEI)

50   12 September 2025      B.02/CSC/ICM/09/ 2025      Laporan Hasil Public Expose Tahunan                                                        SPE BEI/OJK PM
     September 12, 2025                                Report on Annual Public Expose Results
51   14 September 2025      B02/CSC/ICM/09/ 2025       Laporan Hasil Public Expose Tahunan                                                        SPE BEI/OJK PM
     September 14, 2025                                Report on Annual Public Expose Results
52   02 Oktober 2025        R.423/Dir.01.03/HCP/10/    Perubahan Komite Audit                                                                     SPE BEI/OJK PM
     October 2, 2025        2025                       Changes to the Audit Committee
53   07 Oktober 2025        B.48/CSC/CPA/10/ 2025      Laporan Bulanan Registrasi Pemegang Efek                                                   SPE BEI/OJK PM
     October 7, 2025                                   Monthly Report on Securities Holder Registration
54   03 November 2025       B.50/CSC/CPA/11/ 2025      Penyampaian Bukti Iklan Informasi Laporan Keuangan Interim                                 SPE BEI/OJK PM
     November 3, 2025                                  Submission of Evidence of Advertisements for Interim Financial Statements
55   04 November 2025       B.51/CSC/CPA/11/ 2025      Laporan Bulanan Registrasi Pemegang Efek                                                   SPE BEI/OJK PM
     November 4, 2025                                  Monthly Report on Securities Holder Registration
56   02 Desember 2025       B.53/CSC/CPA/12/ 2025      Penjelasan atas Volatilitas Transaksi                                                      SPE BEI/OJK PM
     December 2, 2025                                  Explanation of Volatility Transactions
57   05 Desember 0202       B.54/CSC/CPA/12/ 2025      Laporan Bulanan Registrasi Pemegang Efek                                                   SPE BEI/OJK PM
     December 5, 2025                                  Monthly Report on Securities Holder Registration




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        Ikhtisar Kinerja                       Laporan Manajemen                   Profil Perusahaan                    Tinjauan Pendukung Bisnis
        Performance Highlights                 Management Report                   Company Profile                      Overview of Business Support Units




Program Anti Pencucian Uang (APU), Pencegahan Pendanaan
Terorisme (PPT) dan Pencegahan Pendanaan Proliferasi Senjata
Pemusnah Massal (PPPSPM)
Program of Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF) and
Counter-Proliferation Financing of Weapons of Mass Destruction (CPF)

Dalam era globalisasi, kemajuan teknologi informasi yang semakin kompleks,   In the globalization era, the increasingly complex information technology
dan perkembangan metode transaksi dan fasilitas perbankan yang semakin       advancement and the development of transaction methods and banking
mempermudah calon Nasabah/Nasabah/Walk in Customer (WIC) untuk               facilities that increasingly accommodate prospective customers/ customers/
membuka rekening dan/atau melakukan transaksi. Kondisi tersebut              walk-in customers (WICs) to open accounts and/or make transactions
menjadikan perbankan sebagai Penyedia Jasa Keuangan (PJK) rentan             make banks, as Financial Services Providers (PJK), vulnerable to being used
terhadap kemungkinan digunakan sebagai media pencucian uang,                 as a medium for money laundering, terrorism financing, and proliferation
pendanaan terorisme dan pendanaan proliferasi senjata pemusnah massal.       financing for weapons of mass destruction.

Saat ini Bank Raya sudah memiliki ketentuan perihal Penerapan Program        Currently, Bank Raya has provisions on the implementation of Anti-Money
Anti Pencucian Uang, Pencegahan Pendanaan Terorisme dan Pencegahan           Laundering, Counter-Terrorist Financing, and Counter-Proliferation Financing
Pendanaan Proliferasi Senjata Pemusnah Massal (APU, PPT dan PPPSPM),         of Weapons of Mass Destruction (AML, CTF and CPF) Program. However,
namun sehubungan dengan adanya beberapa penyesuaian dengan                   due to several adjustments to AML, CTF, and CPF policies issued by the
kebijakan APU, PPT dan PPPSPM dari regulator, maupun adanya kebijakan        regulator, the latest internal policies relevant to the implementation of AML,
internal terkini yang relevan dengan penerapan program APU, PPT dan          CTF, and CPF programs, and changes in Bank Raya's organizational structure,
PPPSPM, serta perubahan struktur organisasi di Bank Raya, maka Bank          the Bank has made several adjustments to the provisions for implementing
melakukan beberapa penyesuaian dalam ketentuan Penerapan Program             AML, CTF, and CPF programs currently applicable at the Bank.
APU, PPT, dan PPPSPM yang saat ini berlaku di Bank.



Dasar Hukum
Legal Basis

Penerapan program APU, PPT dan PPPSM Bank Raya antara lain berpedoman        The implementation of Bank Raya’s AML, CTF, and CPF programs is guided
pada Undang-Undang Nomor 8 tahun 2010 tentang pencegahan dan                 by Law No. 8 of 2010 on the prevention and eradication of money laundering
pemberantasan tindak pidana pencucian uang, dan Undang-Undang                crime, and Law No. 9 of 2013 on the prevention and eradication of terrorism
Nomor 9 tahun 2013 tentang pencegahan dan pemberantasan tindak               crime. In addition, OJK as the regulator has also issued POJK No. 8 of 2023
pidana terorisme. Selain itu, OJK selaku regulator juga telah menerbitkan    on the Implementation of Anti-Money Laundering, Counter-Terrorist Financing,
POJK Nomor 8 Tahun 2023 Tentang Penerapan Program Anti Pencucian             and Counter-Proliferation Financing of Weapons of Mass Destruction
Uang, Pencegahan Pendanaan Terorisme, dan Pencegahan Pendanaan               Program in the Financial Services Sector.
Proliferasi Senjata Pemusnah Massal di Sektor Jasa Keuangan.



Kebijakan APU, PPT dan PPPSPM
AML, CTF, and CPF Policy

Berpedoman pada beragam ketentuan perundang-undangan tersebut                Referring to the various legal provisions mentioned above, Bank Raya has
di atas, Bank Raya melakukan pembauran ketentuan internal terkait APU,       integrated internal regulations related to AML, CTF, and CPF, issued under
PPT dan PPPSPM yang diterbitkan melalui Surat Edaran Direksi No. B.10/       Board of Directors’ Circular No. B.10/Dir.01.04/PCP/LCA/03/2025 on the
Dir.01.04/PCP/LCA/03/2025 tentang Pedoman Pelaksanaan Penerapan              Guidelines for Implementing AML, CTF, and CPF Programs, dated March
Program APU, PPT dan PPPSPM tanggal 25 Maret 2025. Kebijakan ini juga        25, 2025. This policy has also been approved by the Board of Commissioners
telah disetujui oleh Dewan Komisaris dan menggantikan dokumen yang           and replaces the document previously issued in 2023.
telah diterbitkan sebelumnya pada tahun 2023.

Aspek penting yang dibahas dalam kebijakan ini meliputi lima pilar           The important aspects discussed in this policy include the five pillars of AML,
penerapan program APU, PPT dan PPPSPM yakni Pengawasan Aktif Direksi         CTF, and CPF program implementation namely: Active Supervision by the
dan Dewan Komisaris, Kebijakan dan Prosedur, Pengendalian Intern, Sistem     Board of Directors and Board of Commissioners, Policies and Procedures,
Informasi Manajemen, dan Sumber Daya Manusia dan Pelatihan. Aspek            Internal Control, Management Information System, and Human Resources
lainnya adalah terkait pelaporan, sanksi penerapan program APU, PPT          and Training. The other aspects relate to reporting, sanctions for implementing
dan PPPSPM serta pengawasan dan pemantauan oleh OJK.                         AML, CTF, and CPF programs, and supervision and monitoring by OJK.



Pengelola APU, PPT dan PPPSPM
AML, CTF, and CPF Management

Penanggung jawab penerapan program APU, PPT dan PPPSPM di lingkungan         The division in charge of implementing AML, CTF, and CPF programs within
Bank Raya dilakukan oleh Unit Kerja Khusus (UKK). Direksi Bank Raya telah    Bank Raya is the Special Work Unit (UKK). Bank Raya’s Board of Directors
menetapkan Divisi Legal & Compliance/Bagian Anti Money Laundering            has designated the Legal & Compliance Division/ Anti-Money Laundering
sebagai Unit Kerja Khusus (UKK) ini bertanggung jawab terhadap penerapan     Section as the Special Work Unit (UKK), which is responsible for implementing
program APU, PPT dan PPPSPM. Divisi ini bersifat independen dari fungsi      AML, CTF, and CPF programs. This division is independent from other
lain dan bertanggung jawab terhadap pelaksanaan program dan merupakan        functions, is responsible for program implementation, and is a structural
unit kerja struktural dalam struktur organisasi Bank.                        work unit within the Bank's organizational structure.




462 PT Bank Raya Indonesia Tbk
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       Management Discussion and Analysis           Good Corporate Governance               Sustainability Report                Audited Financial Report




Adapun struktur organisasi Unit Kerja Khusus (UKK) penerapan program        The organizational structure of Special Work Unit (UKK) for implementing
APU, PPT dan PPPSPM di lingkungan Bank Raya adalah sebagai berikut:         AML, CTF, and CPF programs within Bank Raya is as follows:




                                                                  Direktur Utama
                                                                 President Director




                                            Direktur Manajemen Risiko, Kepatuhan & Sumber Daya Manusia
                                               Director of Enterprise Risk Management, Compliance, and
                                                                    Human Resources




                                            UKK Penanggungjawab Kantor Pusat dan Penanggungjawab
                                      APU, PPT, dan PPPSPM UKO (Divisi LCA cq Bagian Anti Money Laundering)
                                      UKK in charge of Head Office and Division in charge of AML, CTF, and CPF
                                                UKO (LCA Division cq. Anti-Money Laundering Section)




Tugas dan Tanggung Jawab Pengelola APU, PPT dan PPPSPM
Duties and Responsibilities of AML, CTF, and CPF Managers

Unit Kerja Khusus (UKK) penerapan program APU, PPT dan PPPSPM memiliki      The Special Work Unit (UKK) for implementing AML, CTF, and CPF programs
sejumlah tugas dan tanggung jawab untuk melakukan penilaian risiko          has several duties and responsibilities, including conducting AML, CTF, and
TPPU, TPPT, dan PPPSPM; menyusun kebijakan dan prosedur penerapan           CPF risk assessment; preparing policies and procedures for implementing
APU, PPT dan PPPSPM; mengidentifikasi dan menilai risiko TPPU, TPPT dan     AML, CTF, and CPF; identifying and assessing AML, CTF, and CPF risks in
PPPSPM pada produk bank baru; memastikan ketersediaan sistem deteksi        new bank products; ensuring the availability of a financial transaction alert
alert transaksi keuangan; dan memastikan formulir yang berkaitan dengan     detection system; and ensuring that forms related to customers have
nasabah telah mengakomodir program APU, PPT dan PPPSPM.                     accommodated the AML, CTF, and CPF programs.

Tugas dan tanggung jawab lainnya adalah memastikan dilakukannya             Other duties and responsibilities are ensuring that customer data and profiles
pengkinian data dan profil nasabah serta data transaksi nasabah;            are updated, and customer transaction data is updated; ensuring good
memastikan mekanisme komunikasi yang baik antar Unit Kerja terkait          communication mechanism between the Work Units related to the
penerapan APU, PPT dan PPPSPM dan menjaga kerahasiaan informasi             implementation of AML, CTF, and CPF; and maintaining information
dengan memperhatikan ketentuan anti-tipping off. UKK tersebut juga          confidentiality by paying attention to anti-tipping off provisions. The UKK
melakukan pengelolaan database terkait DTTOT, DPPSPM dan database           also manages databases related to DTTOT (List of Suspected Terrorists and
lainnya yang terkait dengan APU, PPT dan PPPSPM, serta melakukan            Terrorist Organizations), DPPSPM (List of Funding for Proliferation of Weapons
pemantauan secara berkala dan memastikan tindak lanjutnya sesuai            of Mass Destruction), and other databases related to AML, CTF, and CPF. It
dengan peraturan yang berlaku.                                              also conducts periodic monitoring and ensures follow-up actions in line
                                                                            with applicable regulations.

Selanjutnya, UKK memantau rekening dan transaksi nasabah untuk              Furthermore, the UKK monitors customer accounts and transactions to
memastikan ada tidaknya transaksi yang memenuhi kriteria transaksi          ensure whether or not there are transactions that meet the criteria for cash
keuangan tunai, transaksi keuangan tunai, transaksi keuangan transfer       financial transactions, financial transactions for transfers of funds from and
dana dari dan keluar negeri, dan laporan lainnya; serta memastikan          to other countries, and other reports; and ensures that AML, CTF, and CPF
pelaksanaan pelatihan APU, PPT dan PPPSPM terlaksana bagi Pejabat           training is carried out for officials and/or employees.
dan/atau pegawai.



Sosialisasi APU, PPT dan PPPSPM
Dissemination of AML, CTF and CPF

Selama tahun 2025, pengelola APU, PPT, dan PPPSPM telah melakukan           Throughout 2025, the AML, CTF, and CPF management conducted
internalisasi dalam bentuk monitoring dan pembinaan secara onsite ke        internalization through on-site monitoring and coaching at several operational
beberapa unit kerja operasional, pelatihan tatap muka maupun melalui        work units, face-to-face training, and online and e-learning platforms to
media online dan e-learning dalam rangka meningkatkan pemahaman             improve employees’ understanding of AML, CTF, and CPF implementation
pekerja terhadap implementasi APU, PPT, dan PPPSPM di lingkungan Bank       within Bank Raya. The actual AML, CTF, and CPF dissemination activities
Raya. Realisasi kegiatan sosialisasi APU, PPT dan PPPSPM adalah 14 kali     were held 14 times.
kegiatan




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Pelaksanaan Program APU, PPT dan PPPSPM Tahun 2025
Implementation of AML, CTF, and CPF Programs in 2025

UKK penerapan program APU, PPT dan PPPSPM telah menjalankan tugas              UKK, in implementing APU, CTF, and CPF programs, carried out its duties
dan tanggung jawabnya sebagaimana yang ditetapkan dalam Pedoman                and responsibilities as stipulated in the Guidelines for Implementing AML,
Pelaksanaan Penerapan Program APU, PPT dan PPPSPM untuk tahun 2025             CTF, and CPF Programs for 2025 as follows:
sebagai berikut:
1. Menyampaikan laporan perkembangan penerapan APU dan PPT                     1.   Submitting progress report on the implementation of AML and CTF to
    kepada Direktur Manajemen Risiko, Kepatuhan dan Sumber Daya                     the Director of Risk Management, Compliance, and Human Resources,
    Manusia, dengan mengetahui Direktur Utama dan Dewan Komisaris.                  with the consent of the President Director and the Board of Commissioners.
2. Melakukan review dan penyusunan kebijakan atau pedoman                      2.   Reviewing and developing policies or guidelines for implementing
    pelaksanaan penerapan APU, PPT dan PPPSPM dengan menggunakan                    AML, CTF, and CPF using a risk-based approach.
    pendekatan berdasarkan risiko.
3. Menyelenggarakan sosialisasi/pendidikan pelatihan penerapan APU,            3.   Conducting dissemination/ education/ training on AML, CTF, and CPF
    PPT dan PPPSPM kepada pekerja khususnya jajaran frontliners, pekerja            implementation to employees, particularly frontliners, employees who
    yang melakukan pengawasan APU, PPT dan PPPSPM, pekerja baru,                    supervise AML, CTF, and CPF, new employees, and employees required
    dan pekerja yang memiliki kewajiban menyampaikan pelaporan                      to submit AML, CTF, and CPF reports.
    APU, PPT dan PPPSPM.
4. Mengikuti sertifikasi APU, PPT dan PPPSPM sesuai dengan level jabatan       4.   Participating in AML, CTF, and CPF certification according to the respective
    bagi Pejabat/Pekerja di Divisi Legal & Compliance yang membidangi.              position of Officials/ Employees in the Legal & Compliance Division.
5. Melakukan monitoring dan pembinaan ke Unit Kerja Operasional                5.   Monitoring and providing guidance to Operational Work Units to
    sebagai evaluasi terhadap implementasi tingkat kepatuhan dan                    evaluate the level of compliance and understanding of AML, CTF, and
    pemahaman terhadap kebijakan atau pedoman penerapan APU,                        CPF policies or guidelines.
    PPT dan PPPSPM.
6. Menyampaikan laporan transaksi keuangan tunai (Cash Transaction             6.   Submitting Cash Transaction Report (CTR), Suspicious Transaction
    Report/CTR), transaksi keuangan mencurigakan (Suspicious Transaction            Report (STR), International Fund Transfer Instruction (IFTI), Integrated
    Report/STR), transaksi keuangan transfer dana dari dan keluar negeri            Service User Information System (SIPESAT) report, and Suspected
    (International Fund Transfer Instruction/IFTI), laporan Sistem Informasi        Terrorism Financing Information System (SIPENDAR) report to the
    Pengguna Jasa Terpadu (SIPESAT), laporan Sistem Informasi Terduga               Indonesian Financial Transaction Reports and Analysis Center (INTRAC).
    Pendanaan Terorisme (SIPENDAR) kepada Pusat Pelaporan dan
    Analisis Transaksi Keuangan (PPATK).
7. Menyampaikan laporan APU, PPT dan PPPSPM, laporan Sistem Informasi          7.  Submitting AML, CTF, and CPF report, AML CTF Program Information
    Program APU PPT (SIGAP) dan laporan Sistem Penyampaian Informasi               System (SIGAP) report, and Foreign Customer Information Submission
    Nasabah Asing (SIPINA) kepada Otoritas Jasa Keuangan (OJK).                    System (SIPINA) report to the Financial Services Authority (OJK).
8. Memonitor pelaksanaan pengkinian data nasabah secara berkelanjutan          8. Monitoring the ongoing customer data updates and submitting report
    dan menyampaikan laporan rencana serta realisasi pengkinian data               on customer data update plan and realization to the Financial Services
    nasabah kepada Otoritas Jasa Keuangan(OJK).                                    Authority (OJK).
9. Melakukan monitoring transaksi keuangan dan kesesuaian profil               9. Monitoring financial transactions and ensuring customer profile
    nasabah.                                                                       compliance.
10. Melakukan monitoring transaksi nasabah yang memenuhi kriteria              10. Monitoring customer transactions that meet the criteria for Politically
    Politically Exposed Person (PEP), serta memonitor kesesuaian data              Exposed Persons (PEPs), as well as monitoring the conformity of data
    pihak yang berstatus tersangka/terdakwa, dalam Daftar Terduga                  on suspects/defendants listed in the List of Suspected Terrorists and
    Teroris dan Organisasi Teroris (DTTOT), Sistem Informasi Terduga               Terrorist Organizations (DTTOT), the Suspected Terrorism Financing
    Pendanaan Terorisme (SIPENDAR) dan Daftar Pendanaan Proliferasi                Information System (SIPENDAR), and List of Funding for Proliferation of
    Senjata Pemusnah Massal (DPPSPM).                                              Weapons of Mass Destruction (DPPSPM).
11. Memenuhi permintaan informasi/data keuangan Nasabah dari                   11. Fulfilling requests for customer financial information/ data from regulators
    Regulator maupun Aparat Penegak Hukum terkait Tindak Pidana                    and law enforcement officials related to Money Laundering (TPPU) or
    Pencucian Uang (TPPU) atau Tindak Pidana Pendanaan Terorisme                   Terrorist Financing (TPPT) crimes.
    (TPPT).
12. Mengikuti penilaian Financial Integrity Rating on Money Laundering         12. Participating in the Financial Integrity Rating on Money Laundering &
    & Terrorist Financing (FIR on ML/TF) yang diselenggarakan oleh PPATK.          Terrorist Financing (FIR on ML/TF) conducted by the Indonesian Financial
                                                                                   Transaction Reports and Analysis Center (INTRAC).
13. Memastikan adanya Sistem Informasi Manajemen (SIM) yang dapat              13. Ensured the implementation of a Management Information System
    mengidentifikasi, menganalisa, memantau dan menyediakan laporan                capable of effectively identifying, analyzing, monitoring, and generating
    secara efektif mengenai karakteristik atau kebiasaan pola transaksi            reports on customers’ transaction characteristics and behavioral patterns.
    yang dilakukan oleh Nasabah.
14. Mengimplementasikan sistem screening watchlist untuk dapat                 14. Conducted a screening watchlist system to improve reliability in the
    meningkatkan kehandalan dalam proses Customer Due Diligence                    Customer Due Diligence (CDD)/ Enhanced Due Diligence (EDD) process
    (CDD)/Enhanced Due Diligence (EDD) pada saat pembukaan rekening                when opening a digital account through collaboration with the parent
    digital melalui kerjasama dengan induk perusahaan Bank BRI, maupun             company, Bank BRI, as well as utilizing databases from regulators.
    pemanfaatan database dari regulator.
15. Melakukan prosedur penyaringan untuk memastikan standar yang               15. Conducted screening procedures to ensure high standards in the
    tinggi pada penerimaan pegawai baru (pre-employee screening),                  recruitment of new employees (pre-employee screening), both
    baik pegawai tetap maupun pegawai tidak tetap, termasuk pejabat                permanent and non-permanent employees, including senior officials,
    senior, tenaga ahli, dari mulai tingkat paling rendah sampai dengan            experts, from the lowest level up to 1 (one) level below the Board of
    1 (satu) tingkat di bawah Direksi dan Dewan Komisaris guna mencegah            Directors and Board of Commissioners in order to prevent misuse of
    penyalahgunaan Bank sebagai sarana atau tujuan TPPU, TPPT, dan/                the Bank as a means or objective of Money Laundering (TPPU), Terrorist
    atau PPSPM yang melibatkan pihak internal Bank.                                Financing (TPPT), and/or proliferation financing for weapons of mass
                                                                                   destruction (PPSPM) crimes involving internal parties of the Bank.




464 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen               Tata Kelola Perusahaan                Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis              Good Corporate Governance             Sustainability Report                 Audited Financial Report




Penilaian Financial Integrity Rating on Money Laundering and Terrorist Financing (FIR
on ML/TF)
Financial Integrity Rating on Money Laundering and Terrorist Financing (FIR on ML/TF)
FIR on ML/TF merupakan penilaian oleh Pusat Pelaporan Analisis Transaksi      FIR on ML/TF is an assessment by the Indonesian Financial Transaction
Keuangan (PPATK) terhadap integritas dan efektivitas pihak pelapor dalam      Reports and Analysis Center (INTRAC) on the integrity and effectiveness
menjalankan program APU, PPT, dan PPPSPM yang meliputi aspek komitmen         of the reporting party in implementing AML, CTF, and CPF programs, which
dalam mendukung PPATK dan aparat penegak hukum dalam menelusuri               include aspects of commitment in supporting INTRAC and law enforcement
transaksi terkait TPPU, TPPT dan PPPSPM, implementasi tata kelola pelaporan   officers in tracing transactions related to AML, CTF, and CPF, implementation
APU, PPT dan PPPSPM dan tingkat kepatuhan dan kualitas pelaporan yang         of AML, CTF, and CPF reporting governance, and the level of compliance
disampaikan kepada PPATK. Bank Raya memperoleh Skor on ML/TF                  and quality of reporting submitted to INTRAC. Bank Raya obtained a Score
sebesar 9,38 dengan Kategori sangat baik untuk tahun 2025 dibandingkan        on ML/TF of 9.38 under a Very Good Category for 2025 compared to the
tahun sebelumnya sebesar 9,07.                                                previous year of 9.07.




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          Ikhtisar Kinerja                           Laporan Manajemen                    Profil Perusahaan                        Tinjauan Pendukung Bisnis
          Performance Highlights                     Management Report                    Company Profile                          Overview of Business Support Units




Pengelolaan Laporan Harta Kekayaan Penyelenggara Negara
(LHKPN)
Management of State Official Wealth Report (LHKPN)
Sebagai entitas anak dari PT Bank Rakyat Indonesia (Persero) Tbk dimana             As a subsidiary of PT Bank Rakyat Indonesia (Persero) Tbk, where the
Pemerintah Indonesia melalui PT Danantara Asset Management (Persero)                Government of Indonesia through PT Danantara Asset Management
menjadi pemegang saham pengendali, Bank Raya melakukan pemenuhan                    (Persero) is the controlling shareholder, Bank Raya also complies with the
atas peraturan Laporan Harta Kekayaan Pejabat Negara (LHKPN) berdasarkan            State Official Wealth Report (LHKPN) regulations based on the provisions
ketentuan Komisi Pemberantasan Korupsi (KPK). Langkah ini dilakukan                 of the Corruption Eradication Commission (KPK). This is done in order to
dalam rangka meningkatkan kualitas implementasi GCG di lingkungan                   improve the quality of GCG implementation within the Bank.
Bank.



Dasar Hukum
Legal Basis

Implementasi LHKPN Bank Raya berdasarkan peraturan perundang-                       The implementation of Bank Raya's LHKPN is based on the following
undangan yang berlaku sebagai berikut:                                              applicable laws and regulations:
1. Undang-Undang No. 28 tahun 1999 tentang penyelenggara negara                     1. Law No. 28 of 1999 on State Administrators Who Are Clean and Free
    yang Bersih dan Bebas dari Korupsi, Kolusi, dan nepotisme;                          from Corruption, Collusion, and Nepotism;
2. Undang-Undang No. 30 tahun 2002 tentang Komisi pemberantasan                     2. Law No. 30 of 2002 on the Corruption Eradication Commission;
    tindak pidana Korupsi;
3. Peraturan Menteri negara BUMN No.PER 01/BUMN/2011 tentang                        3.   Regulation of the Minister of State-Owned Enterprises No. PER 01/
    penerapan tata Kelola Perusahaan yang Baik pada BUMN, dan                            BUMN/2011 on the Implementation of Good Corporate Governance
    perubahannya;                                                                        in State-Owned Enterprises, and its Amendments;
4. Keputusan Sekretaris Menteri BUMN No. SK-16/S.MBU/2012 tentang                   4.   Decree of the Secretary of the Minister of State-Owned Enterprises No.
    Indikator/parameter penilaian dan evaluasi atas penerapan GCG                        SK-16/S.MBU/2012 on Indicators/ Parameters for Assessment and
    yang baik.                                                                           Evaluation of Good GCG Implementation.



Kebijakan Pelaporan LHKPN
LHKPN Reporting Policy

Kebijakan Pelaporan LHKPN Bank Raya berpedoman pada peraturan                       Bank Raya's LHKPN Reporting Policy is guided by the regulations set by BRI
yang ditetapkan oleh BRI sebagai entitas induk. Dalam hal ini, pejabat              as the parent entity. In this case, Bank Raya’s officials who are required to
Bank Raya yang diwajibkan melaporkan LHKPN adalah Dewan Komisaris                   report LHKPN are the Board of Commissioners and Directors. This LHKPN
dan Direksi. Pelaporan LHKPN ini dilakukan untuk meningkatkan transparansi,         reporting is carried out to increase transparency, prevent corruption, and
pencegahan korupsi dan mewujudkan budaya bersih dari korupsi, kolusi                achieve a clean culture from corruption, collusion, and nepotism.
dan nepotisme.



Pelaporan LHKPN
LHKPN Reporting

Bank Raya melaporkan penyampaian laporan LHKP untuk periode tahun                   Bank Raya submitted LHKPN report for the 2024 period, which was reported
2024 yang dilaporkan pada tahun 2025 sebagai berikut:                               in 2025, as follows:


                 Wajib Lapor LHKPN                                    Telah Melaporkan LHKPN                                 Belum Melaporkan LHKPN
             Mandatory Reporting of LHKPN                             Already Reported LHKPN                                  Not Yet Reported LHKPN

                Jabatan                     Jumlah                    Jabatan                  Jumlah                        Jabatan                      Jumlah
                Position                     Total                    Position                  Total                        Position                      Total

 Dewan Komisaris                              4         Dewan Komisaris                          4            Dewan Komisaris                                -
 Board of Commissioners                                 Board of Commissioners                                Board of Commissioners
 Direksi                                      5         Direksi                                  5            Direksi                                        -
 Board of Directors                                     Board of Directors                                    Board of Directors
 Jumlah                                       9         Jumlah                                   9            Jumlah                                         -
 Total                                                  Total                                                 Total




466 PT Bank Raya Indonesia Tbk
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        Analisis dan Pembahasan Manajemen           Tata Kelola Perusahaan                    Laporan Keberlanjutan                 Laporan Keuangan Audit
        Management Discussion and Analysis          Good Corporate Governance                 Sustainability Report                 Audited Financial Report




Perkara Hukum dan Sanksi Administratif
Legal Cases and Administrative Sanctions [GRI 2-27]

Perkara Hukum
Legal Cases

Secara kumulatif, selama 2025 Bank Raya menghadapi perkara hukum               Cumulatively throughout 2025, Bank Raya faced a total of 54 legal cases,
baik sebanyak 54 kasus baik perdata maupun pidana selama tahun 2025            both civil and criminal, with the following details:
dengan rincian sebagai berikut:


                                                                                                        Jumlah Kasus
                                                                                                       Number of Cases
        Tahun                       Perkara Hukum
         Year                        Legal Cases
                                                                        Perdata                 Pidana                                          Pajak
                                                                                                                         PKPU
                                                                         Civil                  Criminal                                         Tax

 2025               Dalam proses penyelesaian                             13                      28                      12                      0
                    In settlement process




Permasalahan Hukum yang Sedang                                                 Legal Issues Faced by the Incumbent
Dihadapi Dewan Komisaris dan Direksi                                           Board of Commissioners and Board of
yang Sedang Menjabat                                                           Directors
Bank Raya melaporkan tidak terdapat permasalah hukum yang sedang               Bank Raya reported that there were no legal issues currently faced by the
dihadapi oleh Dewan Komisaris dan Direksi yang sedang menjabat selama          incumbent Board of Commissioners and Board of Directors for the 2025
tahun 2025.                                                                    fiscal year.



Sanksi Administratif
Administrative Sanctions

Bank Raya melaporkan adanya sanksi administratif yang diterima dari            Bank Raya reported receiving administrative sanctions from regulators for
regulator untuk tahun buku 2025. Meski demikian, sanksi administratif          the 2025 fiscal year. However, the administrative sanctions are non-material,
tersebut bersifat non material yang tidak memberikan dampak terhadap           and thus, do not have an impact on Bank Raya's financial performance or
kinerja keuangan maupun kinerja operasional Bank Raya. Selanjutnya             operational performance. Furthermore, in the future, Bank Raya is committed
untuk ke depannya Bank Raya berkomitmen memenuhi segala bentuk                 to complying with all forms of regulations and submitting reports on time.
regulasi dan penyampaian laporan secara tepat waktu.




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        Ikhtisar Kinerja                       Laporan Manajemen                        Profil Perusahaan                    Tinjauan Pendukung Bisnis
        Performance Highlights                 Management Report                        Company Profile                      Overview of Business Support Units




Penerapan Tata Kelola Perusahaan yang Baik Lainnya
Other Implementation of Good Corporate Governance

Pengungkapan Pengendalian Gratifikasi
Disclosure of Gratification Control

Surat Edaran Direksi No.SE.B.60/Dir.01.03/PCP/LCA/10/2025 tanggal 27             Board of Directors Circular Letter No.SE.B.60/Dir.01.03/PCP/LCA/10/2025
Oktober 2025 tentang Pedoman Pelaksanaan Sistem Manajemen Anti                   dated October 27, 2025 concerning Guidelines for the Implementation of
Penyuapan mengatur pengendalian gratifikasi di Bank Raya. Kebijakan              the Anti-Bribery Management System regulates the control of gratification
tersebut disusun dan bertujuan dalam hal:                                        at Bank Raya. The policy is prepared and aims for:
•    Memberikan pedoman bagi Insan Bank Raya untuk memahami,                     •    Providing guidelines for Bank Raya Personnel to understand, prevent,
     mencegah dan mengendalikan praktik gratifikasi di Perusahaan.                    and control gratification practices in the Company.
•    Membentuk lingkungan organisasi yang sadar dan terkendali dalam             •    Forming an organizational environment that is aware and controlled
     pengendalian praktik gratifikasi sehingga prinsip keterbukaan dan                in controlling gratification practices so that the principles of transparency
     akuntabilitas dalam menjalankan kegiatan operasional dan bisnis                  and accountability in carrying out daily operational and business
     sehari-hari semakin terimplementasi;                                             activities are increasingly implemented;
•    Memberikan arahan dan acuan bagi Insan Bank Raya mengenai                   •    Providing direction and references for Bank Raya Personnel regarding
     pentingnya kepatuhan melaporkan gratifikasi untuk perlindungan                   the importance of compliance in reporting gratification to protect
     dirinya sendiri maupun keluarganya dari peluang dikenakannya                     themselves and their families from the possibility of being accused of
     tuduhan tindak pidana suap;                                                      bribery;
•    Menciptakan mekanisme pelaporan gratifikasi secara internal untuk           •    Creating an internal gratification reporting mechanism to support a
     mendukung lingkungan perusahaan yang bersih dari praktik gratifikasi.            company environment that is free from gratification practices.

Dalam implementasinya, Bank Raya telah memiliki Fungsi Pengendalian              In its implementation, Bank Raya has had a Gratification Control Function,
Gratifikasi yaitu Divisi Legal & Compliance. Hasil dari upaya pengendalian       namely the Legal & Compliance Division. The management of gratification
gratifikasi yang dilakukan oleh Bank Raya selama tahun buku 2025 adalah          carried out by Bank Raya during 2025 fiscal year is explained in the following
sebagai berikut:                                                                 table:


                                 Periode                                Jumlah Gratifikasi yang Dilaporkan                            Status
 No
                                  Period                                Amount of Gratification Reported                              Status

                                  2025                                                Nihil                                              -
                                                                                      None




Pemberian Dana untuk Kegiatan Sosial dan Politik
Funding for Social and Political Activities

Bank Raya melaporkan tidak terdapat pemberian dana untuk kegiatan                Bank Raya reported that there was no funding for political activities during
politik untuk tahun buku 2025. Surat Edaran Direksi No. SE: B.21/Dir.01.04/      2025. Bank Raya's internal policy No. SE: B.21/Dir.01.04/PCP/CMG/05/2025
PCP/CMG/05/2025 tanggal 28 Mei 2025 tentang Pedoman Pelaksanaan                  May 28, 2025 on Guidelines for Implementing Social and Environmental
tanggung Jawab Sosial dan Lingkungan (TJSL) atau Corporate Social                Responsibility or Corporate Social Responsibility prohibits the involvement
Responsibility melarang keterlibatan Bank termasuk pekerja dalam kegiatan        of the Bank, including employees, in political activities, including providing
politik, termasuk memberikan dana untuk kepentingan politik. Kebijakan           funds for political interests. This policy is implemented to maintain the
ini diterapkan guna menjaga independensi dan profesionalisme Bank dan            independence and professionalism of the Bank and employees.
pekerja.

Kemudian untuk kegiatan sosial, Bank telah memberikan dan menyalurkan            Then for social activities, the Bank has provided and distributed funds for
dana untuk kegiatan sosial. Bank Raya berpendapat bahwa kegiatan                 social activities. Bank Raya believes that social activities have a positive
sosial memberi dampak positif kepada publik dan sebagai bentuk pemberian         impact on the public and are a form of providing benefits to the wider
manfaat kepada masyarakat yang lebih luas, dan jangka panjang.                   community, and in the long-term. The implementation of social activities
Pelaksanaan kegiatan sosial akan diinformasikan di dalam pembahasan              will be informed in the discussion of the Sustainability Chapter in this Annual
Bab Keberlanjutan dalam Laporan Tahunan ini.                                     Report.



Penyediaan Dana Kepada Pihak Terkait dan Penyediaan Dana Besar
Provision of Funds to Related Parties and Provision of Large Exposure

Berpedoman pada POJK No.32/POJK.03/2018 tentang Batas Maksimum                   Based on POJK No. 32/POJK.03/2018 on the Legal Lending Limit (LLL) and
Pemberian Kredit (BMPK) dan Penyediaan Dana Besar Bagi Bank Umum                 Provision of Large Exposure for Commercial Banks, the Bank's internal
dan ketentuan internal Bank, mengatur mengenai penyediaan Dana                   provisions regulate the provision of Funds to related parties. Provision of
kepada pihak terkait. Penyediaan dana kepada pihak terkait oleh Bank             funds to related parties by the Bank (including the Board of Commissioners,
(termasuk Dewan Komisaris, Direksi, dan pihak terkait lainnya) dilakukan         Board of Directors, and other related parties) is carried out fairly and
secara wajar dan sesuai harga pasar dengan persyaratan komersial normal.         according to market prices with normal commercial requirements.

Bank menyampaikan laporan Penyediaan Dana, Penyediaan Dana Besar,                The Bank submits reports on Provision of Funds, Provision of Large Exposure,
Pengecualian Penyediaan Dana Besar, Pelanggaran BMPK atau Pelampauan             Exceptions to Provision of Large Exposure, Violations of LLL or Exceeding
BMPK, secara individu dan secara konsolidasi kepada Otoritas Jasa                LLL, individually and in a consolidated manner, to the Financial Services
Keuangan (OJK) secara berkala.                                                   Authority (OJK) periodically.




468 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                 Tata Kelola Perusahaan                      Laporan Keberlanjutan                Laporan Keuangan Audit
       Management Discussion and Analysis                Good Corporate Governance                   Sustainability Report                Audited Financial Report




Dalam penerapannya, Bank telah menyusun pelaporan BMPK yang                        In its implementation, the Bank has prepared LLL reporting, by involving
melibatkan unit kerja. Mekanisme pelaporan BMPK adalah sebagai berikut:            work units. The LLL reporting mechanism is as follows:
1. Sebagai dasar penentuan BMPK dan Penyediaan Dana Besar (Large                   1. As a basis for determining LLL and Provision of Large Exposure, Finance
    Exposure), Divisi Finance and Asset Management menyediakan data                      and Asset Management Division provides data on the Bank's latest
    Modal Bank posisi terakhir kepada Divisi yang membidangi portofolio                  Capital position to the Division in charge of the credit portfolio;
    kredit;
2. Divisi Bisnis Kantor Pusat, Unit Kerja, Divisi/Desk dan unit kerja terkait      2.    Head Office Business Division, Work Units, Divisions/Desks and related
    melaporkan data yang diperlukan untuk pelaporan sesuai fungsinya                     work units report the data required for reporting according to their
    masing-masing kepada Divisi yang membidangi portofolio kredit;                       respective functions to the Division in charge of the credit portfolio;
3. Divisi yang membidangi portofolio kredit melakukan konsolidasi dan              3.    The Division in charge of credit portfolio consolidates and prepares a
    membuat laporan BMPK dan Penyediaan Dana Besar (Large Exposure)                      report on LLL and Large Exposure Provision and submits it to the Board
    dan menyampaikan kepada Direksi dan Dewan Komisaris.                                 of Directors and Board of Commissioners.


BMPK Internal                                                                      Internal LLL
Bank menetapkan besaran BMPK internal maksimum sebesar 75% dari                    The Bank sets the maximum internal LLL amount at 75% of LLL determined
BMPK yang ditentukan oleh OJK per obligor. Hal tersebut Bank lakukan               by OJK per obligor. The Bank applies this as a form of implementing
sebagai bentuk penerapan kehati-hatian dan risk appetite. Pada tahun               prudence and risk appetite. In 2025, the Bank did not record any violations
2025, Bank tidak mencatakan pelanggaran atau pelampauan BMPK.                      or exceedances of LLL.


Transaksi Kepada Pihak Terkait                                                     Transactions to Related Parties
Bank melakukan transaksi kepada pihak terkait (related party transaction)          The Bank conducted transactions to related parties (related party transactions),
yang dilakukan secara adil, berlaku umum (normal commercial terms),                which were carried out fairly, generally applicable (normal commercial
dan wajar (arm length basis) selama tahun 2025. Transaksi kepada pihak             terms), and fair (arm length basis) during 2025. Transactions to related
terkait adalah sebagai berikut:                                                    parties are as follows:


                                                                                2025                                                   2024
                         Transaksi
                        Transaction                          Jumlah Debitur              Nilai Tercatat            Jumlah Debitur                Nilai Tercatat
                                                            Number of Debtors           Amount Recorded           Number of Debtors             Amount Recorded

 Penyediaan Dana Transaksi Pihak Terkait                           13                        1.837                        14                        61.913
 Provision of Related Party Transaction Funds




Pengungkapan Buyback Saham dan Obligasi
Disclosure of Buyback of Shares and Bonds

Bank Raya melakukan pembelian kembali saham Perseroan (“Buyback”)                  Bank Raya executed Buyback of shares issued and listed on Indonesia
yang telah dikeluarkan dan tercatat di Bursa Efek Indonesia (“Bursa Efek”)         Stock Exchange ("Stock Exchange") pursuant to Financial Services Authority
sesuai Peraturan Otoritas Jasa Keuangan No. 29 Tahun 2023 tanggal 29               Regulation No. 29 of 2023 dated December 29, 2023, on the Buyback of
Desember 2023 tentang Pembelian Kembali Saham yang Dikeluarkan                     Shares Issued by Public Companies ("POJK 29/2023"). The explanation
oleh Perusahaan Terbuka (“POJK 29/2023”). Penjelasan terkait buyback               regarding share buybacks can be seen in the Performance Highlights
saham dapat dilihat di Bab Kilas Kinerja dari Laporan Tahunan dan Laporan          Chapter of this Annual Report and Sustainability Report.
Berkelanjutan ini.

Berdasarkan hasil Rapat Umum Pemegang Saham Tahunan (RUPST) pada                   Based on the Annual General Meeting of Shareholders (AGMS) resolutions
25 Juni 2025, pemegang saham telah menyetujui pelaksanaan pembelian                dated June 25, 2025, shareholders approved the execution of share buyback
kembali (buyback) saham Perseroan yang telah beredar dan tercatat di               of the Company that have been circulated and listed on Indonesia Stock
Bursa Efek Indonesia dengan nilai maksimal sebesar Rp20.000.000.000,-              Exchange with a maximum value of Rp20,000,000,000 (twenty billion
(dua puluh miliar rupiah), termasuk seluruh biaya yang timbul sehubungan           rupiah), including all costs incurred in connection with executing the buyback.
dengan pelaksanaan buyback tersebut. Pembelian dilakukan melalui                   The purchase is carried out through the Stock Exchange or outside the
Bursa Efek maupun di luar Bursa Efek, secara bertahap dan diselesaikan             Stock Exchange, in stages and will be completed no later than 12 (twelve)
paling lambat 12 (dua belas) bulan setelah persetujuan RUPST.                      months after AGMS approval.

Pelaksanaan pembelian kembali saham Perseroan dilatarbelakangi upaya               The Company's share buyback program is driven by efforts to increase
untuk meningkatkan engagement dan ownership pekerja atas Perseroan.                employee engagement and ownership of the Company. In this case, the
Dalam hal ini, program tersebut diimplementasikan dalam bentuk Program             program is executed in the form of Employee and/or Management Stock
Kepemilikan Saham Pekerja dan/atau Manajemen yang merupakan                        Ownership Program, which is part of the overall variable remuneration
bagian dari keseluruhan skema remunerasi untuk Pekerja dan/atau                    scheme for Employees and/or Management. This encourages Employees
Manajemen yang bersifat variabel. Sehingga Pekerja terdorong berkontribusi         to contribute more optimally to achieving the Company's targets. In addition
lebih optimal terhadap pencapaian target Perseroan. Selain Pekerja,                to Employees, this stock ownership program is planned to be allocated to
program kepemilikan saham ini direncanakan dapat diperuntukan bagi                 the Board of Directors and the Board of Commissioners, except for Independent
Direksi dan Dewan Komisaris kecuali Komisaris Independen sebagai bentuk            Commissioners, as a form of implementation of the policy of providing
implementasi kebijakan pemberian kompensasi jangka panjang berbasis                long-term compensation based on performance and risk, pursuant to POJK
kinerja dan risiko, sesuai dengan POJK No. 45/POJK.03/2015 tentang                 No. 45/POJK.03/2015 on the Implementation of Governance in Providing
Penerapan Tata Kelola dalam Pemberian Remunerasi bagi Bank Umum.                   Remuneration for Commercial Banks.



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           Ikhtisar Kinerja                               Laporan Manajemen                                 Profil Perusahaan                     Tinjauan Pendukung Bisnis
           Performance Highlights                         Management Report                                 Company Profile                       Overview of Business Support Units




Selain itu, program Buyback ini juga dilandasi keyakinan manajemen                               Furthermore, this buyback program is also based on the management's
Perseroan akan kinerja dan prospek kinerja perusahaan ke depan yang                              confidence in the Company's performance and future prospects, which
akan terus membaik, sehingga dapat memberikan value kepada stakeholders.                         will continue to improve, thereby providing value to stakeholders.


Timeline Buyback Bank Raya                                                                       Bank Raya's Buyback Timeline



16 Mei 2025                          25 Juni 2025            26 Juni 2025 - 25 Juni 2026     8 Juli 2025                    15 Januari 2026             15 Januari 2026
May 16, 2025                         June 25, 2025           June 26, 2025 - June 25, 2026
                                                                                             July 8, 2025                   January 15, 2026            January 15, 2026
Tanggal Pemberitahuan kepada         Rapat Umum              Periode Buyback                 Laporan Realisasi              Laporan Realisasi           Laporan Perkembangan
OJK dan BEI tentang Rencana          Pemegang Saham                                          Buyback Periode Juni           Buyback Periode             Pengalihan Kembali
                                                             Buyback Period
Buyback dan Pengumuman               General Meeting of                                      2025                           Desember 2025
                                                                                                                                                        Pembelian Kembali periode
Keterbukaan Informasi                Shareholders
                                                                                             Buyback Realization            Buyback Realization         Desember 2025
Notification Date to the Financial                                                           Report for June 2025           Report for December
                                                                                                                                                        Buyback Progress Report
Services Authority (OJK) and                                                                 Period                         2025 Period
                                                                                                                                                        Buyback Period for December
Indonesia Stock Exchange (IDX)
                                                                                                                                                        2025
regarding the Buyback Plan
and Information Disclosure
Announcement




Pengungkapan Program Kepemilikan Saham oleh Manajemen dan Karyawan
Disclosure of Stock Ownership Programs by Management and Employees

Pelaksanaan pembelian kembali saham Bank Raya dilatarbelakangi upaya                             The execution of Bank Raya's Share Buyback was motivated by efforts to
untuk meningkatkan engagement dan ownership pekerja atas Perseroan.                              increase employee engagement and ownership of the Company. In this
Dalam hal ini, program tersebut diimplementasikan dalam bentuk Program                           case, the program is executed in the form of a Management and/or
Kepemilikan Saham Manajemen dan/atau Pekerja yang merupakan                                      Employees Stock Ownership Program, which is part of the overall variable
bagian dari keseluruhan skema remunerasi untuk Manajemen dan/atau                                remuneration scheme for Management and/or Employees. Thus, Employees
Pekerja yang bersifat variable sehingga Pekerja terdorong berkontribusi                          are encouraged to contribute more optimally to achieving targets.
lebih optimal terhadap pencapaian target.

Selain Pekerja, program kepemilikan saham ini direncanakan dapat                                 In addition to Employees, this stock ownership program is planned to be
diperuntukan bagi Direksi dan Dewan Komisaris kecuali Komisaris Independen.                      allocated to the Board of Directors and Board of Commissioners except for
Selain itu, program Buyback ini juga dilandasi keyakinan manajemen                               Independent Commissioners. In addition, this Buyback program is also
Perseroan akan kinerja dan prospek kinerja perusahaan ke depan yang                              based on the Company's management's belief in the Company's performance
akan terus membaik, sehingga dapat memberikan value kepada stakeholders.                         and prospects for future performance that will continue to improve, thus,
                                                                                                 providing value to stakeholders.

Bank Raya akan mengalihkan saham hasil Buyback kepada Manajemen                                  Bank Raya will transfer the shares resulting from the Buyback to Management
dan/atau Pekerja selain Komisaris Independen sebagai Program Kepemilikan                         and/or Employees other than Independent Commissioners as Management
Saham Manajemen dan/atau Pekerja yang merupakan Remunerasi Bersifat                              and/or Employees Stock Ownership Program, which is a Variable
Variabel sebagaimana dimaksud dalam Peraturan Otoritas Jasa Keuangan                             Remuneration pursuant to Financial Services Authority Regulation No. 45/
No. 45/POJK.03/2015 tentang Penerapan Tata Kelola Dalam Pemberian                                POJK.03/2015 on the Implementation of Governance in Providing
Remunerasi Pada Bank Umum (“POJK 45/2015”).                                                      Remuneration at Commercial Banks ("POJK 45/2015").

Pemberian Program Kepemilikan Saham Manajemen dan/atau Pekerja                                   The provision of Management and/or Employees Stock Ownership Program
paling lama selama 3 (tiga) tahun sejak Buyback selesai dilaksanakan                             is for a maximum of 3 (three) years after the Buyback has been completed
atau sesuai dengan ketentuan yang berlaku.                                                       or in line with applicable provisions.



Pengungkapan Transparansi Kondisi Keuangan dan Non Keuangan
Transparency Disclosure of Financial and Non-Financial Conditions

Bank Raya melakukan publikasi kondisi keuangan dan non keuangan                                  Bank Raya publishes the Company's financial and non-financial conditions
perusahaan secara transparan dan melaporkan kepada regulator sesuai                              transparently and reports to regulators in accordance with applicable
dengan ketentuan yang berlaku melalui penyampaian dan publikasi                                  provisions through submission and publication of information both through
informasi baik melalui media cetak maupun situs web Bank sebagaimana                             print media and the Bank's website as follows:
berikut ini:
1. Laporan Keuangan Bulanan kepada regulator, yang juga dipublikasikan                           1.        Monthly Financial Statements to regulators, which are also published
     melalui situs web OJK dan Bank;                                                                       through OJK and Bank websites;
2. Laporan Keuangan triwulan kepada regulator, yang juga dipublikasikan                          2.        Quarterly Financial Statements to regulators, which are also published
     melalui media cetak dan situs web Bank;                                                               through print media and the Bank's website;
3. Laporan tahunan Bank Raya yang disusun dan disajikan sesuai                                   3.        Bank Raya's annual report, which is prepared and presented in
     ketentuan dan disampaikan kepada regulator, rating agency, lembaga                                    accordance with the provisions and submitted to regulators, rating
     pengembangan perbankan, lembaga/institusi riset dan majalah                                           agencies, banking development institutions, research institutions/
     keuangan dan dipublikasikan melalui situs web Bank;                                                   institutions and financial magazines and published through the Bank's
                                                                                                           website;




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       Analisis dan Pembahasan Manajemen                 Tata Kelola Perusahaan                Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis                Good Corporate Governance             Sustainability Report                 Audited Financial Report




4.   Informasi tata Kelola perusahaan, yang di antaranya adalah Laporan         4.   Corporate governance information, including the annual report on
     tahunan tata Kelola perusahaan, visi, Misi, nilai perusahaan, Komposisi         corporate governance, vision, mission, Company values, composition
     dan profil Dewan Komisaris dan Direksi, serta ketentuan internal terkait        and profile of the Board of Commissioners and Board of Directors, as
     tata kelola mulai dari Anggaran Dasar hingga piagam Komite-komite               well as internal provisions on governance ranging from the Articles of
     yang juga dipublikasikan melalui situs web Bank;                                Association to Committees’ charters, which are also published on the
                                                                                     Bank's website;
5.   Informasi produk dan Layanan perusahaan, termasuk jaringan kantor,         5.   Information on the Company's products and services, including office
     dipublikasikan melalui Laporan tahunan dan situs web Bank, agar                 networks, is published through the Bank's annual report and website,
     nasabah, investor dan masyarakat luas dapat dengan mudah mengakses              so that customers, investors and the wider community can easily access
     informasi atas produk dan layanan Bank;                                         information on the Bank's products and services;
6.   Informasi prosedur penyampaian pengaduan, Kebijakan Keamanan               6.   Information on complaint submission procedures, Information Security
     Informasi dan tips bagi nasabah dalam menggunakan layanan                       Policy and tips for customers in using banking services published
     perbankan yang dipublikasikan melalui situs web Bank untuk                      through the Bank's website for the implementation of consumer
     pelaksanaan ketentuan perlindungan konsumen;                                    protection provisions;
7.   Informasi lainnya yang bertujuan untuk mendukung keterbukaan               7.   Other information aimed at supporting information disclosure, financial
     informasi, edukasi keuangan dan layanan kepada Masyarakat                       education and services to the public.



Pengungkapan Perselisihan Internal
Disclosure of Internal Disputes

Bank Raya telah memiliki Pedoman Pelaksanaan Kode Etik yang menekankan          Bank Raya has a Code of Conduct Implementation Guideline that emphasizes
pentingnya setiap insan Bank untuk mewujudkan Kode Etik khususnya               the importance of every Bank employee to realize the Code of Conduct,
Kode Etik Bank dan Kode Etik Perilaku (Hubungan Antar Insan Bank) ke            especially the Bank's Code of Conduct and Behavioral Conduct (Relationships
dalam kegiatan sehari-hari karena perilaku setiap insan Bank mencerminkan       Among Bank Employees) into daily activities due to every Bank employee’s
etika bisnis Bank.                                                              behavior reflects the Bank's business ethics.

Atas pelaksanaan Kode Etik tersebut, Bank Raya melaporkan tidak terdapat        Regarding the implementation of the Code of Conduct, Bank Raya reported
perselisihan internal antar pekerja yang terjadi selama tahun 2025.             that there were no internal disputes between employees during 2025.



Pengungkapan Pelanggaran (Fraud) Internal
Disclosure of Internal Fraud

Kebijakan pelanggaran (fraud) internal di Bank Raya diatur berdasarkan          The internal fraud policy at Bank Raya is regulated by Circular Letter No.
Surat Edaran No. SE: B.51/Dir.03.04/PCP/ERM/11/2024 tanggal 13 November         SE: B.51/Dir.03.04/PCP/ERM/11/2024 dated November 13, 2024 concerning
2024 tentang Pedoman Pelaksanaan Anti Fraud. Kebijakan ini merupakan            Anti-Fraud Implementation Guidelines. This policy is part of Bank Raya's
bagian dari sistem pengendalian Intern Bank Raya. Hal ini dilakukan             Internal Control System. This is done as an effort to build a compliance
sebagai upaya untuk membangun budaya kepatuhan dan menciptakan                  culture and create risk awareness of the potential and consequences of
kesadaran risiko atas potensi dan konsekuensi terjadinya fraud pada seluruh     fraud at all levels of the organization.
jenjang organisasi.

Kebijakan ini mengatur mengenai kerangka kerja, tata kelola dan penerapan       This policy regulates the framework, governance, and implementation of
strategi anti-fraud yang merupakan strategi Bank dalam mengendalikan            anti-fraud strategies, which are the Bank's strategies in controlling fraud by
fraud dengan memperhatikan karakteristik dan jangkauan dari potensi             considering the characteristics and scope of potential fraud and are
fraud serta diimplementasikan dalam bentuk sistem pengendalian fraud.           implemented in the form of a fraud control system. In its implementation,
Dalam implementasinya, penanganan pelanggaran (fraud) mengacu                   handling of fraud refers to Financial Service Authority No.12/POJK.03/2024
pada Peraturan Otoritas Jasa Keuangan (POJK) Nomor 12/POJK.03/2024              dated October 31,2024, on the implementation of Anti-Fraud Strategy for
tanggal 31 Oktober 2024 tentang penerapan Strategi Anti-Fraud Bagi              Financial Service Institution. Bank Raya reported that there were 2 (two)
Lembaga Jasa keuangan. Bank Raya melaporkan terdapat sebanyak 2                 fraud violations that occurred internally at the Bank during 2025.
(dua) pelanggaran fraud yang terjadi di internal Bank selama tahun 2025.



Pengungkapan Praktik Bad Governance
Disclosure of Bad Governance Practices

Bank Raya menyadari bahwa praktik-praktik bad corporate governance              Bank Raya is aware that bad corporate governance practices will disrupt
akan mengganggu sistem Tata Kelola yang Baik (GCG) yang telah                   the Good Governance (GCG) system that has been built, therefore, the
dibangun, karenanya Bank tidak melakukan segala tindakan yang                   Bank does not take any actions that are contrary to the rules and policies
bertentangan dengan aturan serta kebijakan terkait GCG. Secara berkala          related to GCG. Periodically, the implementation of GCG at Bank Raya is
penerapan GCG di Bank Raya selalu ditingkatkan dari tahun ke tahun              always improved from year to year by making many improvements and
dengan melakukan banyak perbaikan dan perubahan kebijakan yang                  changes to policies that are adjusted to the conditions of the Company,
disesuaikan dengan kondisi Perusahaan, kondisi ekonomi dan dunia                economic conditions, and the banking world in particular.
perbankan khususnya.




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        Ikhtisar Kinerja                         Laporan Manajemen                    Profil Perusahaan                   Tinjauan Pendukung Bisnis
        Performance Highlights                   Management Report                    Company Profile                     Overview of Business Support Units




Laporan atas Kegiatan Perusahaan yang                                           Report on Company Activities that Pollute
Mencemari Lingkungan                                                            the Environment

Bank Raya tidak memiliki kegiatan yang mencemari Lingkungan serta               Bank Raya does not have any activities that pollute the environment and
berkomitmen untuk senantiasa mendukung program Go Green Grup BRI.               is committed to always supporting BRI Group's Go Green program.


Kasus Terkait Buruh dan Karyawan                                                Cases Related to Laborers and Employees
Bank Raya tidak memiliki permasalahan baik pidana maupun perdata                Bank Raya did not have any criminal or civil problems related to laborers
terkait buruh dan karyawan.                                                     and employees.


Kesesuaian Antara Laporan Tahunan                                               Conformity Between the Printed Copy
Salinan Cetak dengan Laporan Tahunan                                            of the Annual Report and the Electronic
Salinan Elektronik                                                              Copy of the Annual Report
Bank Raya senantiasa melakukan pengecekan sebelum mengunggah                    Bank Raya always checks before uploading the Annual Report and ensures
Laporan Tahunan dan memastikan kesesuaian data antara Laporan                   the conformity of the data between the hardcopy and softcopy of Annual
Tahunan hardcopy dengan softcopy. Hal tersebut dilakukan untuk                  Reports. This is done to adjust the printed copy of the Annual Report to the
menyesuaikan antara Laporan Tahunan salinan cetak dengan Laporan                electronic copy of the Annual Report.
Tahunan salinan elektronik.



Pengungkapan Rencana Strategis Bank
Disclosure of Bank's Strategic Plan

Dalam upaya mewujudkan Bank Raya yang sehat, kuat dan berdaya saing             In the effort to realize Bank Raya, which is healthy, strong, and competitive,
serta mampu mengantisipasi tren perkembangan bisnis dan industri                as well as capable of anticipating development trends in the banking
perbankan termasuk perkembangan dan inovasi teknologi informasi, Bank           business and industry, including information technology developments and
perlu menyusun dan menerapkan sasaran strategis dan nilai-nilai perusahaan      innovations, the Bank needs to develop and implement strategic objectives
yang dijabarkan dalam Rencana Korporasi.                                        and corporate values outlined in its Corporate Plan.

Rencana Korporasi Bank disusun untuk kebutuhan jangka panjang sebagai           The Bank's Corporate Plan is prepared for long-term needs as a foundation
landasan dan acuan untuk melaksanakan kegiatan operasional sesuai               and reference for implementing operational activities in accordance with
visi dan misi Bank. Sebagai perwujudan Rencana Korporasi, Bank juga             the Bank's vision and mission. As a manifestation of the Corporate Plan,
menyusun Rencana Bisnis Bank serta Rencana Kerja Anggaran sebagai               the Bank also prepares a Bank Business Plan and a Work Budget Plan as
acuan dan pedoman pelaksanaan kerja tahunan.                                    a reference and guideline for annual work implementation.

Dalam penyusunan Rencana Bisnis, Bank Raya juga mempertimbangkan                In preparing the Business Plan, Bank Raya also considers external and
faktor eksternal dan faktor internal yang secara langsung atau tidak langsung   internal factors that can directly or indirectly impact the Bank's business
dapat mempengaruhi kelangsungan usaha Bank sehingga dapat                       continuity, thus producing a realistic plan. A realistic Business Plan is one
menghasilkan rencana yang realistis. Rencana Bisnis yang realistis merupakan    way to implement effective risk management, particularly strategic risk.
salah satu upaya dalam menerapkan manajemen risiko secara efektif,
khususnya risiko stratejik.

Pada tahun 2025, telah disusun Rencana Jangka Panjang Perusahaan                In 2025, the Company's Long-Term Plan (RJPP) for 2026-2030 was formulated
(RJPP) Tahun 2026-2030 sebagai berikut:                                         as follows:

Visi Bank Raya adalah menjadi Bank Digital Utama Yang Memberikan                Bank Raya's Vision is to become a Leading Digital Bank Providing Digital
Solusi Keuangan Digital Dengan Akses Terluas Bagi Masyarakat Indonesia.         Financial Solutions with the Widest Access for Indonesian people. This
Visi tersebut akan didukung dengan 5 Misi Perseroan sebagai berikut:            Vision will be supported by the Company's 5 Missions as follows:
1. Mengoptimalkan sinergi BRI Group dan eksplorasi mass market secara           1. Optimizing BRI Group's synergy and prudently exploring the mass
      prudent utamanya pada segmen Masyarakat Mikro dan Kecil,                       market, particularly in the Micro and Small Business segments,
2. Menyediakan produk dan layanan yang relevan dengan kebutuhan                 2. Providing products and services relevant to customer needs (customer-
      nasabah (customer centric) melalui pendekatan digital secara end-              centric) through an end-to-end digital approach,
      to-end,
3. Mengembangkan jaringan unit kerja dengan pendekatan hybrid                   3.   Developing a network of work units using a hybrid Network Distribution
      Network Distribution,                                                          approach,
4. Menciptakan integrasi antara business & technology, serta                    4.   Creating integration between business and technology, and
5. Memperkuat Governance, Risk, dan Compliance untuk menciptakan                5.   Strengthening Governance, Risk, and Compliance to foster Good
      Good Corporate Governance.                                                     Corporate Governance.

Untuk mendukung pencapaian aspirasi tersebut terdapat 4 pilar strategi          To support the achievement of these aspirations, 4 strategic pillars have
yang telah ditetapkan yaitu:                                                    been established as follows:
1. Pilar Digital Productive yaitu pengembangan produk digital di sektor         1. The Digital Productive Pillar, which is developing digital products in
    produktif khususnya segmen mikro dan kecil,                                     the productive sector, particularly the micro and small business segment,




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       Management Discussion and Analysis              Good Corporate Governance              Sustainability Report                Audited Financial Report




2.   Pilar Digital Consumptive yaitu pengembangan produk digital di sektor    2.   The Digital Consumptive Pillar, which is developing digital products
     konsumtif untuk memberikan pengalaman perbankan yang seamless                 in the consumer sector to provide a seamless and personalized banking
     dan personal melalui layanan digital terintegrasi,                            experience through integrated digital services,
3.   Pilar Funding & Transaction yaitu pengembangan simpanan berbasis         3.   The Funding & Transaction Pillar, which is developing digital-based
     digital dan peningkatan transaksi untuk mengoptimalkan fee-based              savings and increasing transactions to optimize fee-based income,
     income, serta                                                                 and
4.   Pilar Value Chain Business yaitu pemanfaatan ekosistem bisnis existing   4.   The Value Chain Business Pillar, which is utilizing the existing (legacy)
     (legacy) melalui optimalisasi potensi value chain business.                   business ecosystem by optimizing the potential of the business value
                                                                                   chain.

Pilar strategis tersebut selanjutnya diperkuat dengan dengan 5 Enablers       These strategic pillars are further strengthened by 5 Enablers: Building Brand
yaitu Building Brand Value untuk membangun Brand Awareness, Brand             Value to build Bank Raya's Brand Awareness, Brand Perception, and Brand
Perception dan Brand Value dari Bank Raya, Hybrid Network Distribution        Value; Hybrid Network Distribution, where Bank Raya will develop an O2O
dimana Bank Raya akan mengembangkan jaringan O2O dan channel                  network and other channels to expand Bank Raya's coverage; Digital-
lainnya untuk memperluas jangkauan Raya, Digital Centric Human Capital        Centric Human Capital Organization Capability, which improves digital
Organization Capability yaitu dengan meningkatkan kompetensi digital          competency in Human Capital and increase digitalization in Bank Raya's
Human Capital dan meningkatkan digitalisasi pada proses pengelolaan           organizational management process; Resilient Technological Support,
organisasi Bank Raya, Resilient Technological Support yaitu dengan            which enhances IT infrastructure reliability; and Strong Governance, Risk
meningkatkan reliabilitas dari infrastruktur IT, Strong Governance, Risk      Management, & Compliance, which strengthens GRC implementation to
Management, & Compliance yaitu dengan memperkuat implementasi                 improve GCG.
GRC untuk meningkatkan GCG.


Pedoman Strategi Bank                                                         Bank Strategy Guidelines
Kebijakan Umum Penerapan GCG Bank Raya mengatur ketentuan terkait             Bank Raya's General Policy on GCG Implementation regulates provisions
rencana strategis Bank antara lain Bank Raya wajib menyusun dan               related to the Bank's strategic plan, including the obligation to prepare and
menyampaikan rencana strategis dalam bentuk rencana korporasi dan             submit a strategic plan in the form of a corporate plan and a business plan
rencana bisnis dengan tata cara sesuai dengan POJK mengenai Rencana           in accordance with the procedures stipulated in the POJK on Bank Business
Bisnis Bank. Komitmen Bank Raya terhadap pengungkapan rencana                 Plans. Bank Raya's commitment to disclosing its strategic plan is demonstrated
strategis Bank diwujudkan dengan penerbitan Kebijakan Umum Corporate          by the issuance of the General Corporate Strategy Policy through Board
Strategy melalui Surat Keputusan Direksi No. SK.B. 21/Dir.01.03/PCP/06/2024   of Directors’ Decision No. SK.B. 21/Dir.01.03/PCP/06/2024 dated June 26,
tanggal 26 Juni 2024. Dokumen ini sekaligus menggantikan Pedoman              2024. This document replaces the Bank Business Plan (RBB) Implementation
Pelaksanaan Rencana Bisnis Bank (RBB) yang diterbitkan pada tahun             Guidelines issued in 2023.
2023.

Selanjutnya, penyusunan Rencana Bisnis Bank (RBB) berpedoman pada             Furthermore, the preparation of the Bank Business Plan (RBB) is guided by
ketentuan tersebut. Bagian dari rencana strategis bank dalam laporan          these provisions. The part of bank's strategic plan in this annual report and
tahunan dan laporan berkelanjutan ini telah disajikan terkait kebijakan       sustainability report has been presented including strategic policies, 2025
strategis, target tahun 2025 dan proyeksi 2026 pada Bab 1. Ringkasan          targets, and 2026 projections in Chapter 1. Executive Summary Point E.
Eksekutif Poin E. Target Jangka Pendek dan Jangka Menengah.                   Short-Term and Medium-Term Targets.




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        Ikhtisar Kinerja                       Laporan Manajemen                    Profil Perusahaan                     Tinjauan Pendukung Bisnis
        Performance Highlights                 Management Report                    Company Profile                       Overview of Business Support Units




Kebijakan Pendukung Penerapan Tata Kelola Perusahaan yang
Baik Lainnya
Other Supporting Policies on The Implementation of Good Corporate
Governance

Dalam rangka meningkatkan penerapan GCG di semua tingkatan organisasi         In order to support the implementation of GCG at all levels of Bank Raya
Bank Raya, telah disusun beragam kebijakan pendukung yang bersumber           organization, various supporting policies have been prepared which are
dari Anggaran Dasar, Kebijakan Umum Pedoman Penerapan GCG dan                 sourced from the Articles of Association, General Policy on GCG
Kode Etik Bank Raya sebagai berikut:                                          Implementation, and Bank Raya’s Code of Conduct as follows:



Kebijakan Pencegahan Transaksi Orang Dalam (Insider Trading)
Policy on Prevention of Insider Trading

Pedoman Pelaksanaan Kode Etik Bank Raya sebagaimana tertuang pada             Bank Raya’s Code of Conduct Implementation Guidelines as stated in the
Surat Edaran Direksi No SE B.50/Dir.01.04/PCP/LCA/11/2024 tanggal 5           Board of Directors' Circular Letter No. SE B.50/Dir.01.04/PCP/LCA/11/2024
November 2024 tentang Penanganan Transaksi Afiliasi, Benturan Kepentingan     dated November 5, 2024, on the Handling of Affiliated Transaction, Conflict
dan Transaksi Orang Dalam (Insider Trading) mengatur tentang larangan         of Interest and Insider Trading regulate the prohibition of Insider Trading,
Insider Trading yang meliputi: 1). Menghindarkan diri dari tindakan pribadi   which include: 1). Avoiding personal actions that benefit from "Inside
yang diuntungkan oleh “Inside Information” diperolehnya dari jabatannya,      Information" obtained from one's position, 2). Prohibited from using confidential
2). Dilarang memanfaatkan informasi rahasia dan data basis Bank Raya          information and Bank Raya’s databases for interests outside the Bank, 3).
untuk kepentingan di luar Bank, 3). Dilarang melakukan segala aktivitas       Prohibited from carrying out any activities related to insider trading that
yang terkait dengan insider trading yang merujuk pada kegiatan ilegal di      refer to illegal activities in the financial market environment, and 4). Not
lingkungan pasar finansial, dan 4). Tidak menggunakan informasi dan           using Bank Raya’s information and data for personal or other party interests.
data Bank Raya untuk kepentingan pribadi atau pihak lain.


Kriteria Transaksi Orang Dalam                                                Insider Transaction Criteria
Sehubungan dengan transaksi orang dalam tersebut, Bank Raya telah             Regarding insider transaction, Bank Raya has established the following
menetapkan transaksi orang dalam yang dilarang sebagai berikut:               prohibited insider transactions:
1. Orang Dalam yang mempunyai informasi Orang Dalam dilarang                  1. Insiders possessing insider information are prohibited from purchasing
    melakukan pembelian atau penjualan atas Efek Bank, atau perusahaan            or selling the Bank's securities, or any other company conducting
    lain yang melakukan transaksi dengan dengan perusahaan Orang                  transactions with the Insiders' company.
    Dalam tersebut.
2. Orang Dalam dilarang:                                                      2.   Insiders are prohibited from:
    a) mempengaruhi pihak lain untuk melakukan pembelian atau                      a) influencing other parties to purchase or sell the Bank's securities,
         penjualan efek Bank dan                                                        and
    b) memberi informasi Orang Dalam kepada Pihak manapun yang                     b) providing insider information to any party reasonably suspected
         patut diduga dapat menggunakan informasi yang dimaksud                         of using the information to purchase or sell the Bank's securities.
         untuk melakukan pembelian atau penjualan Efek Bank.
3. Perusahaan Efek yang memiliki Informasi Orang Dalam mengenai               3.   Securities Companies possessing insider information regarding the
    Bank dilarang melakukan transaksi efek dengan Bank, kecuali                    Bank are prohibited from engaging in securities transactions with the
    apabila:                                                                       Bank, except when:
    a) Transaksi tersebut dilakukan bukan atas tanggunggannya sendiri,             a) the transaction is not conducted on its own account, but at the
         tetapi atas perintah Nasabah; dan                                             direction of a customer; and
    b) Perusahaan Efek tersebut tidak memberikan rekomendasi kepada                b) the Securities Company does not provide recommendations to
         Nasabahnya mengenai Efek Bank.                                                its customers regarding the Bank's securities.


Implementasi Penanganan Transaksi                                             Handling Insider Transaction
Orang Dalam

Bank Raya melakukan sosialisasi kebijakan tentang Transaksi Orang Dalam       Bank Raya has disseminated its policy on Insider Transaction by including
dengan mencantumkan ketentuan larangan Transaksi Orang Dalam pada             provisions prohibiting Insider Transaction in every share buyback transaction
setiap pelaksanaan transaksi pembelian saham kembali kepada seluruh           to all Employees, Board of Directors, and Board of Commissioners related
Pekerja maupun Direksi dan Dewan Komisaris terkait dengan ketentuan           to provisions on insider transaction.
Transaksi Orang Dalam.

Setiap insan bank diharuskan membuat Pernyataan Tahunan (Annual               All Bank employees are required to submit an Annual Disclosure stating
Disclosure) tidak memiliki Benturan Kepentingan terhadap setiap keputusan     that they have no Conflict of Interest on all decisions made and that they
yang telah dibuat olehnya dan telah melaksanakan kebijakan perilaku           have applied the behavioral policies established by Bank Raya.
yang telah ditetapkan oleh Bank Raya.

Selanjutnya, Bank Raya telah menunjuk penanggung jawab yaitu Divisi           Furthermore, Bank Raya has appointed the Legal and Compliance Division,
Legal dan Compliance, Divisi Human Capital dan Audit Internal untuk           the Human Capital Division, and Internal Audit to monitor, evaluate, and
monitoring, evaluasi dan penanganan Insider trading dalam pelaksanaannya.     handle insider trading activities.




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       Analisis dan Pembahasan Manajemen              Tata Kelola Perusahaan                          Laporan Keberlanjutan                    Laporan Keuangan Audit
       Management Discussion and Analysis             Good Corporate Governance                       Sustainability Report                    Audited Financial Report




LAPORAN PENANGANAN TRANSAKSI ORANG DALAM | INSIDER TRANSACTION HANDLING REPORT
                                                   Tahapan yang akan dilakukan apabila terdapat praktik Insider Trading:
                                                   Steps to be taken in the event of insider trading practices:

                                                                                          1                                                         2
                                                                          Terhadap setiap adanya pelanggaran                   Divisi LCA bersama dengan Divisi HCP dan
                                                                      terhadap ketentuan Insider Trading yang                         SKAI bertanggung jawab untuk
                                                                        diterima Divisi LCA dari Unit Kerja akan              menyampaikan hasil monitoring dan evaluasi
                                                                      disampaikan kepada Direktur Bidang dan                    tersebut kepada Direktur Utama melalui
                                                                     Direktur Utama untuk dilaporkan jika terkait                            Direktur Bidang.
                                                                         adanya pelanggaran disiplin dan/atau
                                                                        adanya fraud sesuai dengan ketentuan                     The LCA Division, with HCP Division and
                                                                                          berlaku.                              Internal Audit, is responsible for submitting
                                                                         Any violation report of Insider Trading               the monitoring and evaluation results to the
                                                                    provisions received by the LCA Division from                  President Director through the Division
                                                                    the Work Unit will be reported to the Division                                  Director.
                                                                     Director and the President Director, whether
                                                                       it relates to disciplinary violations and/or
                                                                           fraud, in accordance with applicable
                                                                                        regulations.




Kebijakan Anti Korupsi
Anti-Corruption Policy

Pedoman Etik Bank Raya melarang penerimaan hadiah atau imbalan                    Bank Raya's Code of Conduct prohibits the acceptance of gifts or rewards
yang memperkaya diri pribadi maupun keluarga. Hadiah yang dimaksud                that enrich oneself or one's family. The gifts referred to in this case are gifts
dalam hal ini adalah pemberian dalam arti luas, yakni termasuk namun              in the broad sense, including but not limited to the provision of money,
tidak terbatas pada pemberian uang, barang, rabat (diskon), komisi,               goods, rebates (discounts), commissions, interest-free loans, travel tickets,
pinjaman tanpa bunga, tiket perjalanan, fasilitas penginapan, perjalanan          accommodation facilities, tours, free medical treatment and other facilities.
wisata, pengobatan cuma-cuma dan fasilitas lainnya. Pemberian tersebut            These gifts are received both domestically and abroad, and are made with
baik yang diterima di dalam negeri maupun di luar negeri, dan yang                or without using electronic means.
dilakukan dengan menggunakan sarana elektronik atau tanpa sarana
elektronik.

Kebijakan Bank mengenai hadiah dibuat untuk menjaga reputasi Bank                 The Bank's policy on gifts is made to maintain Bank Raya's reputation as
Raya sebagai sebuah Bank yang bertindak dengan integritas dan                     a Bank that acts with integrity and bases every business decision on
mendasarkan setiap keputusannya kepada pertimbangan bisnis yang                   considerations in accordance with the law. All Bank personnel are prohibited
tata hukum. Semua Insan Bank dilarang menerima atau memberikan                    from accepting or giving gifts that are not in accordance with applicable
hadiah yang tidak sesuai dengan peraturan perundang-undangan yang                 laws and regulations.
berlaku.

Dalam implementasinya, Bank Raya menerapkan kebijakan anti korupsi                Bank Raya implements an anti-corruption policy based on the Gratification
berdasarkan pedoman pengendalian Gratifikasi yang tercantum dalam                 control guidelines stated in Bank Raya’s Board of Directors' Circular No.
Surat Edaran Direksi Bank Raya No. SE.B.14/Dir.03.04/ PCP/LCA/04/2024             SE.B.14/Dir.03.04/ PCP/LCA/04/2024 dated April 23, 2024, on Guidelines
tanggal 23 April 2024 Perihal Pedoman Pelaksanaan Anti Penyuapan dan              for Implementing Anti-Bribery and Gratification Control and the Board of
Pengendalian Gratifikasi dan Surat Edaran Direksi Bank Raya No.SE.B.60/           Directors' Circular No. SE.B.60/Dir.01.03/PCP/LCA/10/2025 dated October
Dir.01.03/PCP/LCA/10/2025 tanggal 27 Oktober 2025 tentang Pedoman                 27, 2025, on Guidelines for Implementing Anti-Bribery Management System.
Pelaksanaan Sistem Manajemen Anti Penyuapan. Komitmen Bank Raya                   Bank Raya's commitment to realizing a clean and integrity-based Bank as
dalam rangka mewujudkan Bank yang bersih dan berintegritas sebagai                an effort to prevent corruption is pursued as follows:
upaya pencegahan korupsi, Manajemen Bank berkomitmen untuk :
1. Menjalankan bisnis perusahaan berdasarkan nilai integritas dan                 1.    Running the Company's business based on integrity values and adhere
     berpegang teguh pada pedoman Kode Etik, Prinsip Good Corporate                     to the Code of Conduct, Good Corporate Governance Principles and
     Governance dan Prinsip 4N0's yaitu:                                                4N0's Principles, as follows:
     a. No Bribery (dilarang meminta atau menerima suap, sogok dan                      a. No Bribery (prohibited from asking for or accepting bribes, bribery,
          melakukan pemerasan);                                                              and extortion);
     b. No Kickback (dilarang meminta atau menerima komisi atau tanda                   b. No Kickback (prohibited from asking for or accepting commissions
          terima kasih, baik dalam bentuk uang ataupun bentuk lainnya);                      or gratitude, either in the form of money or other forms);
     c. No Gift (dilarang meminta atau menerima hadiah atau gratifikasi                 c. No Gift (prohibited from asking for or accepting gifts or gratuities
          yang tidak patut/tidak wajar dan bertentangan dengan peraturan                     that are inappropriate/unreasonable and contrary to applicable
          yang berlaku); dan                                                                 regulations): and
     d. No Luxurious Hospitality (dilarang meminta atau menerima                        d. No Luxurious Hospitality (prohibited from asking for or accepting
          penyambutan dan jamuan yang berlebihan)                                            excessive welcomes and hospitality)
2. Bersedia untuk mematuhi dan melaksanakan Komitmen Manajemen                    2.    Willing to comply with and implementing the Anti-Bribery Management
     Anti Penyuapan dengan sungguh-sungguh, melalui prinsip Zero                        Commitment seriously, through Zero Tolerance principle towards
     Tolerance terhadap tindakan yang berkaitan dengan pelanggaran                      actions related to violations of laws and regulations, acts of corruption,
     peraturan perundang-undangan, tindakan korupsi, kolusi, dan nepotisme              collusion, and nepotism (KKN) and contrary to the 4NO's Principles;
     (KKN) serta bertentangan dengan Prinsip 4NO's;
3. Menjalankan proses bisnis yang patuh dan sesuai dengan Peraturan               3.    Carrying out business process that complies with and in accordance
     Perundangan, Prinsip Good Corporate Governance (GCG) dan                           with applicable Laws and Regulations, Good Corporate Governance
     Pedoman Kode Etik yang berlaku serta menumbuhkan budaya                            (GCG) Principles, and Code of Conduct Guidelines, as well as fostering
     kepatuhan yang berkesinambungan;                                                   sustainable compliance culture;


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          Ikhtisar Kinerja                                        Laporan Manajemen                   Profil Perusahaan                      Tinjauan Pendukung Bisnis
          Performance Highlights                                  Management Report                   Company Profile                        Overview of Business Support Units




4.   Menghindari segala bentuk konflik kepentingan dan mengelola setiap                         4.   Avoiding all forms of conflict of interest and managing any conflict of
     konflik kepentingan yang berpotensi menimbulkan risiko;                                         interest that has the potential to cause risk;
5.   Senantiasa mensosialisasikan dan membangun budaya penerapan                                5.   Continuously disseminating and building a culture of implementing
     Prinsip 4NO's secara berkesinambungan kepada seluruh Pekerja dan                                the 4NO's Principles to all Bank Employees and stakeholders;
     stakeholders Bank;
6.   Melakukan pengawasan terhadap pelaksanaan Sistem Manajemen                                 6.   Supervising the implementation of Anti-Bribery Management System
     Anti Penyuapan melalui Fungsi Kepatuhan Anti Penyuapan dengan                                   through Anti-Bribery Compliance Function with clear, independent
     wewenang yang jelas, mandiri dan bebas dari konflik kepentingan;                                authority, and free from conflicts of interest;
7.   Memberikan sanksi yang tegas terhadap setiap pelanggaran sesuai                            7.   Imposing strict sanctions for any violations in accordance with applicable
     peraturan perundang-undangan dan ketentuan Perusahaan yang                                      laws and regulations and Company provisions.
     berlaku.



Kebijakan Anti Penyuapan
Anti-Bribery Policy

Dalam rangka meningkatkan kualitas pengambilan keputusan, menjalankan                           In order to improve the quality of decision-making, conduct sound banking
kegiatan perbankan yang sehat serta menjaga kepercayaan stakeholders,                           activities, and maintain stakeholder trust, including in carrying out the
termasuk dalam menjalankan fungsi intermediasi perbankan dalam                                  banking intermediary function in the Indonesian economy, the Bank deems
perekonomian di Indonesia, Bank memandang perlu melakukan peningkatan                           that it is necessary to improve its internal performance in accordance with
melalui performa internal Bank yang sesuai dengan prinsip tata kelola                           the principles of good governance (GCG). By the Bank's commitment to
yang baik (GCG). Dengan komitmen Bank untuk senantiasa menjalankan                              consistently conducting business activities based on the principles of Good
kegiatan usaha dengan berlandaskan pada prinsip-prinsip Tata Kelola                             Corporate Governance, one implementation is through the Anti-Bribery
yang Baik, maka salah satu penerapannya adalah melalui Sistem Manajemen                         Management System (ABMS) based on the ISO 37001:2016 Standard.
Anti Penyuapan(SMAP) berdasarkan Standar ISO 37001:2016.

Melalui penerapan Sistem Manajemen Anti Penyuapan (SMAP) ISO                                    Through the implementation of ISO 37001:2016 Anti-Bribery Management
37001:2016, Bank menunjukkan komitmen untuk melaksanakan kegiatan                               System (ABMS), the Bank shows its commitment to conducting business
bisnis secara transparan, akuntabel, bertanggung jawab, independen dan                          activities in a transparent, accountable, responsible, independent, and fair
wajar, terbebas dari praktik penerimaan suap, gratifikasi maupun kegiatan                       manner, free from the practice of accepting bribes, gratuities, or other
lain yang bertentangan dengan prinsip Tata Kelola Perusahaan yang Baik.                         activities contrary to the principles of Good Corporate Governance.



                                                      Menjalankan bisnis perusahaan berdasarkan nilai integritas dan berpegang teguh
                                                           pada pedoman Kode Etik, Prinsip Good Governance dan Prinsip 4NO’s
                                                        Conducting the Company's business based on integrity values and adhering to
                                                       the code of ethics guidelines, good governance principles and 4NO'S principles




                                                                                                                                   NO BRIBERY
                                NO KICKBACK                                                                                        Dilarang adanya suap menyuap, sogok &
           Dilarang ada komisi atau tanda terima kasih.                                                                            pemerasan.
     No commissions or tokens of gratitude are allowed.
                                                                   1                                                   2           Bribery, bribery and extortion are prohibited.




                                                                                         ISO
                                                                                      37001:2016


                                             NO GIFT               4                                                   3           NO LUXURIOUS HOSPITALITY
     Dilarang ada hadiah atau gratifikasi yang tidak wajar                                                                         Dilarang ada penyambutan dan jamuan yang
      dan bertentangan dengan peraturan yang berlaku.                                                                              berlebihan.
          It is prohibited to give gifts or gratuities that are                                                                    Excessive receptions and entertainment are
                   unreasonable and contrary to applicable                                                                         prohibited.
                                                  regulations.




Dalam rangka memperkuat pelaksanaan SMAP di lingkungan Bank Raya,                               To strengthen the implementation of ABMS within Bank Raya, internal
telah dilakukan pembaruan ketentuan internal terkait Pedoman Pelaksanaan                        provisions related to ABMS Implementation Guidelines have been updated,
SMAP yang diterbitkan melalui Surat Edaran Direksi No. SE. B.19/Dir. 01.03/                     issued through Board of Directors’ Circular No. SE. B.19/Dir. 01.03/PCP/
PCP/LCA/10/2025 tanggal 24 Oktober 2025. Pedoman Pelaksanaan                                    LCA/10/2025 dated October 24, 2025. This latest ABMS Implementation
SMAP terbaru ini sekaligus menggantikan kebijakan sebelumnya yang                               Guidelines replaced the previous policy issued on December 16, 2021.
diterbitkan pada 16 Desember 2021.




476 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen               Tata Kelola Perusahaan                           Laporan Keberlanjutan                   Laporan Keuangan Audit
       Management Discussion and Analysis              Good Corporate Governance                        Sustainability Report                   Audited Financial Report




Dewan Komisaris, Direksi dan seluruh Pekerja Bank berkomitmen secara           The Board of Commissioners, Board of Directors, and all Bank employees
konsisten untuk melarang dan mencegah penyuapan. Bentuk komitmen               are consistently committed to prohibiting and preventing bribery. This
tersebut dituangkan dalam Pedoman Pelaksanaan yang mengatur                    commitment is outlined in the Implementation Guidelines governing Anti-
mengenai Anti Penyuapan dan Pengendalian Gratifikasi serta Pakta               Bribery and Gratuity Control, as well as the Integrity Pact of the Board of
Integritas Dewan Komisaris, Direksi, dan seluruh Pekerja.                      Commissioners, Board of Directors, and all employees.

Direktur Utama menugaskan Penanggung Jawab Fungsi Kepatuhan Anti               The President Director has assigned the Director of Enterprise Risk Management,
Penyuapan yaitu Direktur Manajemen Risiko, Kepatuhan & Sumber Daya             Compliance & Human Resources as an ex-officio person in charge of the
Manusia secara Ex Officio dan anggota Fungsi Kepatuhan Anti Penyuapan          Anti-Bribery Compliance Function, along with members of the Bank's Anti-
Bank melalui Surat Keputusan Direksi tentang Fungsi Kepatuhan Anti             Bribery Compliance Function, through a Board of Directors’ Decision on
Penyuapan. Dewan Komisaris dan Direksi memberikan akses langsung               Anti-Bribery Compliance Function. The Board of Commissioners and Board
dan cepat kepada Fungsi Kepatuhan Anti Penyuapan untuk melaporkan              of Directors provide direct and prompt access to the Anti-Bribery Compliance
isu atau masalah terkait dengan penyuapan atau SMAP kepada Dewan               Function to report issues or problems related to bribery or the ABMS to the
Komisaris dan Direksi. Adapun struktur Fungsi Kepatuhan Anti Penyuapan         Board of Commissioners and Board of Directors. The structure of Bank Raya's
Bank Raya adalah sebagai berikut:                                              Anti-Bribery Compliance Function is as follows:




                                                                        Direktur                                 Dewan Komisaris
                                                                    Board of Directors                        Board of Commissioners


                                                                              Apabila kasus penyuapan terjadi pada level Direksi
                                                                               If the bribery case occurs in the level of Board of
                                                                                                    Directors




                                Divisi Legal &                     Divisi Enterprise
                                 Compliance                       Risk Management                                 Divisi Internal Audit
                              Legal & Compliance                    Enterprise Risk                              Internal Audit Division
                                    Division                     Management Division




Panduan Pengendalian Penyuapan                                                 Bribery Control Guidelines
Seluruh Pekerja Bank tidak boleh menerima maupun memberi gratifikasi           All Bank employees are prohibited from accepting or giving gratuities in
dalam bentuk apapun yang ditujukan untuk memberi keuntungan pihak              any form intended to benefit a particular party (bribery). To control similar
tertentu (penyuapan). Dalam hal pengendalian gratifikasi yang sejenis, Bank    gratuities, the Bank has established Anti-Bribery and Gratuity Control
telah menetapkan ketentuan Anti Penyuapan dan Pengendalian Gratifikasi,        provisions, which regulate the reasonable value and amount, exempted
yang di dalamnya mengatur tentang nilai dan jumlah yang wajar, gratifikasi     gratuities, reporting and handling of gratuity reports, and the prohibition
yang dikecualikan dan pelaporan serta penanganan pelaporan gratifikasi         on requesting and/or receiving financial and non-financial compensation
dan mengenai larangan meminta dan/atau menerima kompensasi finansial           in the form of gifts, souvenirs, banquets, entertainment, and gratuities related
dan non-finansial dalam bentuk hadiah, cinderamata, perjamuan, hiburan,        to position and work from other parties.
gratifikasi yang berhubungan dengan jabatan dan pekerjaan dari pihak lain.


Evaluasi SMAP                                                                  ABMS Evaluation
Bank Raya melakukan proses pemantauan, pengukuran, analisis dan                Bank Raya conducts the necessary monitoring, measurement, analysis,
evaluasi yang diperlukan melalui implementasi kesesuaian terhadap              and evaluation processes through the implementation of compliance with
persyaratan, menjamin kesesuaian terhadap SMAP dan meningkatkan                requirements, ensures compliance with the ABMS, and continuously improves
efektivitas SMAP secara berkelanjutan. Metode pemantauan, pengukuran,          the effectiveness of the ABMS. The monitoring, measurement, analysis, and
analisis dan evaluasi yang dilaksanakan diantaranya dilakukan pemantauan,      evaluation methods implemented include monitoring, measuring, analyzing,
pengukuran, analisis dan evaluasi terhadap hasil pemantauan dan                and evaluating the results of monitoring and measuring the performance
pengukuran kinerja Sasaran SMAP sesuai dengan masa Pemantauan                  of the ABMS targets in accordance with the Anti-Bribery Target Monitoring
Sasaran Anti Penyuapan, evaluasi efektivitas SMAP minimal 1 (satu) tahun       Period, evaluating the effectiveness of the ABMS at least once a year, and
sekali, evaluasi efektivitas SMAP melalui kegiatan Tinjauan Manajemen          evaluating the effectiveness of the ABMS through Management Review
dan Tinjauan Dewan Komisaris                                                   and Review by the Board of Commissioners.



Kebijakan Anti Fraud
Anti-Fraud Policy

Pedoman tata kelola perusahaan yang baik di Bank Raya menetapkan               Bank Raya's good corporate governance guidelines establish a policy for
kebijakan penerapan strategi anti-fraud sesuai dengan Surat Keputusan          implementing an anti-fraud strategy in accordance with Board of Directors’
Direksi No SE. B.51/Dir.03.03/PCP/ERM/11/2024 tanggal 22 Agustus 2024          Decision Letter No. SE. B.51/Dir.03.03/PCP/ERM/11/2024 dated August 22,
perihal Kebijakan Umum Anti Fraud, yang antara lain mengatur tentang:          2024, on the General Policy of Anti-Fraud, which regulates, among others:



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        Ikhtisar Kinerja                                      Laporan Manajemen                                                Profil Perusahaan                 Tinjauan Pendukung Bisnis
        Performance Highlights                                Management Report                                                Company Profile                   Overview of Business Support Units




1.   Jenis Perbuatan yang Tergolong Fraud                                                                             1.     Types of Acts Considered Fraud
     •    Korupsi                                                                                                            •   Corruption
     •    Penyalahgunaan aset                                                                                                •   Misappropriation of Assets
     •    Kecurangan Laporan Keuangan                                                                                        •   Financial Statements Fraud
     •    Pembocoran informasi rahasia                                                                                       •   Leakage of Confidential Information
     •    Tindakan lain yang dapat dipersamakan dengan Fraud sesuai                                                          •   Other Actions Equated to Fraud in accordance with provisions of
          dengan ketentuan peraturan perundang-undangan                                                                          laws and regulations
2.   Penerapan Tata Kelola Anti Fraud                                                                                 2.     Implementation of Anti-Fraud Governance
     •    Pengawasan Aktif Direksi dan Dewan Komisaris                                                                       •   Active Supervision by Board of Directors and Board of Commissioners
     •    Kebijakan dan Prosedur                                                                                             •   Policies and Procedures
     •    Struktur Organisasi dan Pertanggungjawaban                                                                         •   Organizational Structure and Accountability
     •    Pengendalian dan Pemantauan                                                                                        •   Control and Monitoring
     •    Kecukupan Implementasi Anti Fraud                                                                                  •   Adequacy of Anti-Fraud Implementation
3.   Penerapan Pilar Tindakan                                                                                         3.     Implementation of Action Pillars
     •    Pilar Pencegahan                                                                                                   •   Prevention Pillar
          a. Fungsi Pencegahan                                                                                                   a. Prevention Function
          b. Anti Fraud Awerness                                                                                                 b. Anti-Fraud Awareness
          c. Identifikasi Kerawanan                                                                                              c. Vulnerability Identification
          d. Know Your Employee (KYE)                                                                                            d. Know Your Employee (KYE)
     •    Pilar Deteksi                                                                                                      •   Detection Pillar
          a. Fungsi Deteksi                                                                                                      a. Detection Function
          b. Suprise Audit                                                                                                       b. Surprise Audit
          c. Surveillance System                                                                                                 c. Surveillance System
     •    Pilar Investigasi, Pelaporan, dan Sanksi                                                                           •   Investigation, Reporting, and Sanctions Pillar
          a. Fungsi Investigasi                                                                                                  a. Investigation Function
          b. Suprise Pelaporan                                                                                                   b. Surprise Reporting




                                            P O J K 12/ 2024
                                                Pengawasan Aktif Direksi dan Dewan Komisaris
                                 Direksi Zero Toleran Terhadap Setiap Bentuk Fraud Internal & Fraud eksternal



                    Pilar 1           Pilar 2                       Pilar 3                                Pilar 4
                 Pencegahan           Deteksi                     Investigasi                       Pemantauan, Evaluasi
                                                              Pelaporan & Sanksi                      & Tindak Lanjut

                  Anti Fraud      Whistleblowing                     Investigasi                            Pemantauan
                  Awareness

                                  Fraud Detection
                  Identifikasi        System
                                                                      Pelaporan                                 Evaluasi
                  Kerawanan
                                   Pemeriksaan
                                    Mendadak


                                                                                                                                      EMPAT PILAR TINDAKAN
                   Know Your         Sistem                             Sanksi                              Tindak Lanjut
                   Employee        Pengawasan


                                 Penerapan Prinsip Good Corporate Governance (GCG)



                   Jenis perbuatan yang tergolong Fraud terdiri dari:                                                      PILAR PENCEGAHAN
                       Korupsi                                                                                                Fungsi Pencegaham
                       Penyalahgunaan aset                                                                                    Anti Fraud Awerness
                       Kecurangan Laporan Keuangan                                                                            Identifikasi Kerawanan
                       Pembocoran informasi rahasia                                                                           Know Your Employee (KYE)
                       Tindakan lain yang dapat dipersamakan dengan Fraud sesuai
                       dengan ketentuan peraturan perundang-undangan
                                                                                                                           PILAR DETEKSI
                                                                                                                              Fungsi Deteksi
                   PENERAPAN TATA KELOLA ANTI FRAUD
                                                                                                                              Suprise Audit
                       Pengawasan Aktif Direksi dan Dewan Komisaris                                                           Surveillance System
                       Kebijakan dan Prosedur
                       Struktur Organisasi dan Pertanggungjawaban                                                          PILAR INVESTIGASI,PELAPORAN, DAN SANKSI
                       Pengendalian dan Pemantauan
                                                                                                                              Fungsi Investigasi
                       Kecukupan Implementasi Anti Fraud
                                                                                                                              Suprise Pelaporan




478 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen                    Tata Kelola Perusahaan                      Laporan Keberlanjutan                   Laporan Keuangan Audit
       Management Discussion and Analysis                   Good Corporate Governance                   Sustainability Report                   Audited Financial Report




Kebijakan Perlindungan Nasabah
Customer Protection Policy

Bank Raya memberikan pelayanan terbaik kepada seluruh nasabah.                          Bank Raya provides the best service to all customers. This service is a
Pelayanan tersebut menjadi sebuah komitmen Bank Raya untuk terus                        commitment of Bank Raya to continue to provide the best service to all
memberikan layanan terbaik kepada seluruh nasabah. Selain itu, Bank                     customers. In addition, Bank Raya has policies related to customers regulated
Raya memiliki kebijakan terkait nasabah diatur dalam Surat Edaran Direksi               in the Directors' Circular Letter No.SE.B.56/Dir.03.04/PCP/DOP/09/2025
No.SE.B.56/Dir.03.04/PCP/DOP/09/2025 tanggal 29 September 2025                          dated September 29, 2025 concerning Consumer Protection, Literacy and
tentang Pelindungan Konsumen, Literasi dan Inklusi Keuangan. Bank Raya                  Financial Inclusion. Bank Raya provides information channels that can be
menyediakan saluran informasi yang dapat diakses oleh Nasabah, dan                      accessed by Customers, and makes it easier for Customers to find information
memudahkan Nasabah mencari informasi terkait produk-produk Bank                         related to Bank Raya’s products. Channels that can be used by customers
Raya. Saluran yang dapat digunakan oleh nasabah antara lain:                            are among others:
•    Informasi produk pada situs perusahaan https:// bankraya.co.id;                    •    Product information on the company website https://bankraya.co.id;
•    FAQ produk pada aplikasi-aplikasi digital Bank Raya;                               •    Product FAQs on Bank Raya’s digital applications;
•    Community Branch yang tersebar di kota-kota besar Indonesia yang                   •    Community Branches spread across major cities in Indonesia whose
     lokasinya dapat dilihat pada https://bankraya.co.id/help/branch-locations;              locations can be seen at https://bankraya.co.id/help/branch-locations;
•    Contact Center Bank Raya yaitu Sapa Raya yang terdiri dari:                        •    Bank Raya Contact Center, which is Sapa Raya, consisting of:


            Call Center (Sapa Raya)                              1500 494


            DM Official Instagram Bank Raya                      instagram.com/bankraya


            Official Whatsapp Bank Raya                          0812-1000-0494


            Facebook Messenger                                   https://www.facebook.com/BankRayaOfficial


            Tiktok Bank Raya                                     https://www.tiktok.com/@bankraya.id




Pengaduan Nasabah                                                                       Customer Complaints
Ketika Nasabah melakukan pengaduan melalui community branch atau                        When Customers submit complaints through community branches or Sapa
Sapa Raya, maka semua laporan pengaduan akan dikumpulkan dan                            Raya, all complaint reports will be collected and received by the Digital
diterima oleh Divisi Digital Operation. Divisi Digital Operation memastikan             Operation Division. The Digital Operation Division ensures that complaints
pengaduan-pengaduan yang diterima dapat diselesaikan yang tidak                         received can be resolved, which often involves coordination with other
jarang akan berkoordinasi dengan unit kerja lain. Keluhan dan pengaduan                 work units. Consumer complaints and complaints submitted through
konsumen yang disampaikan melalui surat kabar/media massa akan                          newspapers/mass media will be managed by the Corporate Communications
dikelola oleh Divisi Corporate Secretary dan Bagian Hukum dari Divisi Legal             Division of the Corporate Secretary Division and the Legal & Compliance
& Compliance.                                                                           Division.


Kebijakan Pelindungan Data Pribadi                                                      Personal Data Protection Policy
Sesuai dengan kebijakan Bank Raya terkait Pelindungan Data Pribadi                      In line with Bank Raya's policy on Customer Personal Data Protection, as
Nasabah, yang tercantum pada Pedoman Pelaksanaan Data Pribadi (PDP)                     outlined in the Personal Data Implementation Guidelines (PDP) No. SE.B.48/
No SE.B.48/Dir.03.04/PCP/ERM/09/2025 tanggal 11 September 2025,                         Dir.03.04/PCP/ERM/09/2025 dated September 11, 2025, Bank Raya has
maka Bank Raya sudah mengimplementasikan prinsip pelindungan data                       implemented personal data protection principles, covering:
pribadi yang meliputi:




                                                Prinsip Perlindungan Data Pribadi
                                                     Personal Data Protection Principles

          Pengumpulan secara
          terbatas dan spesifik, sah                                                                                                             Akuran, Lengkap, tidak
          secara hukum dan                                                                                                                       menyesatkan, mutakhir, dan dapat
          transparan                                 Sesuai dengan                                Menjamin hak Subjek Data                       dipertanggungjawabkan
          Limited and specific                       tujuannya                                    Pribadi                                        Accurate, complete, not
          collection, lawful, and                    Appropriate for its                          Guarantee the rights of                        misleading, up-to-date, and
          transparent                                purpose                                      Personal Data Subjects                         accountable




                                                                                                    Dimusnakan dan/atau
                                                        Memberitahukan tujuan                       dihapus setelah masa
                                                        dan aktivitas pemrosesan,                   retensi berakhir atau
             Melindungi keamanan Data                   serta kegagalan PDP                         berdasarkan permintaan                        Bertanggung jawab dan
             Pribadi                                    Disclosure of the purposes                  Destruction and/or deletion                   dapat dibuktikan
             Protect the security of                    and processing activities, as               after the retention period                    Accountability and
             Personal Data                              well as any failures of PDP                 ends or upon request                          verifiability




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        Performance Highlights                   Management Report                     Company Profile                         Overview of Business Support Units




Penerapan Pelindungan Data Pribadi di Bank Raya merupakan upaya                  Bank Raya carries out Personal Data Protection as an effort to implement
untuk melaksanakan IT Governance dalam memenuhi pilar Tata Kelola                IT Governance to fulfill the IT Governance pillar for Personal Data Protection,
IT untuk Pelindungan Data Pribadi dengan ruang lingkup Pemenuhan                 covering the scopes of consumer protection, customer data protection,
aspek pelindungan Konsumen, pelindungan data nasabah dan perjanjian              partnership agreement, as well as complaint handling and resolution
kemitraan, serta prosedur penanganan & penyelesaian pengaduan.                   procedures.


Implementasi Pelindungan Data Pribadi                                            Implementation of Personal Data Protection
Sebagai bentuk komitmen terhadap tata kelola data yang baik, Bank Raya           As a commitment to good data governance, Bank Raya has a Data Protection
telah memiliki fungsi Data Protection Officer (DPO) dan Kebijakan Internal       Officer (DPO) function and Internal Policy and implements the principle of
serta melakukan penerapan prinsip pelindungan data pribadi dalam                 personal data protection in the context of implementing the Personal Data
rangka implementasi Undang-Undang Pelindungan Data Pribadi                       Protection Law.



Kebijakan Tentang Perlindungan Hak Kreditur
Policy on Protection of Creditors' Rights

Bank menerapkan sistem keterbukaan informasi secara jujur dan transparan,        The Bank implements an honest and transparent information disclosure
serta memperlakukan persamaan (equal treatment) kepada seluruh kreditur          system, and treats all creditors equally without discrimination. This is done
tanpa adanya diskriminasi. Hal ini dilakukan untuk memberikan perlindungan       to provide protection for Bank Raya’s creditors rights. With information
terhadap hak-hak kreditur Bank Raya. Dengan keterbukaan informasi, seluruh       disclosure, all creditors and business partners have the right to obtain
kreditur maupun mitra usaha berhak memperoleh informasi yang relevan             relevant information according to their needs, so that each party can make
sesuai kebutuhannya sehingga masing-masing pihak dapat membuat                   objective decisions based on fair, reasonable, and accurate considerations.
keputusan yang objektif atas dasar pertimbangan yang adil, wajar dan akurat.

Bank Raya bersama kreditur melakukan kesepakatan agar hak-hak kreditur           Bank Raya and its creditors make an agreement so that creditor rights can
dapat dilaksanakan dengan baik. Bank Raya wajib menjalankan                      be implemented properly. Bank Raya is required to carry out its obligations
kewajibannya sebagaimana yangdijanjikan dengan tepat waktu, dan                  as promised in a timely manner, and strives to avoid delays or negligence
berupaya untuk menghindari keterlambatan maupun kelalaian yang                   that could potentially cause losses to both parties.
berpotensi menimbulkan kerugian kedua belah pihak.



Kebijakan Tentang Pengadaan Barang dan/atau Jasa
Policy on Procurement of Goods and/or Services

Pedoman Pelaksanaan Kode Etik Bank Raya mengatur hubungan dengan                 Bank Raya’s Code of Conduct Implementation Guidelines regulate relations
pihak ketiga. Dalam hal ini, memilih supplier/vendor/Perusahaan alih daya        with third parties. In this case, selecting suppliers/ vendors/ outsourcing
yang berfungsi sebagai rekanan/mitra, serta wajib memperhatikan prinsip-         companies that function as partners must pay attention to the principles of
prinsip efisiensi, efektif, kompetitif, transparan, dan akuntabel. Selain itu,   efficiency, effectiveness, competitiveness, transparency, and accountability.
perlu untuk memastikan supplier/vendor/Perusahaan alih daya dan pekerja          In addition, it is necessary to ensure that suppliers/vendors/outsourcing
supplier/vendor/Perusahaan alih daya tersebut memahami dan mematuhi              companies and workers of these suppliers/vendors/outsourcing companies
Kode Etik dan kebijakan Bank. Selanjutnya, kerja sama yang dilakukan             understand and comply with the Bank's Code of Conduct and policies.
dengan supplier/vendor memiliki perjanjian tertulis dan nilai transaksi          Furthermore, cooperation carried out with suppliers/vendors has a written
wajar.                                                                           agreement and a fair transaction value.

Selanjutnya, sebagai komitmen atas penerapan praktik terbaik GCG,                Furthermore, as a commitment to implementing GCG best practices, Bank
Bank Raya telah memperbaharui Pedoman Pelaksanaan Pengadaan                      Raya has updated the Guidelines for Implementing Procurement of Goods
Barang dan/atau Jasa yang ditetapkan melalui Surat Edaran Direksi No.            and/or Services as stipulated through the Board of Directors' Circular No.
SE: B.16A/Dir.03.05/PCP/DOP/04/2024 tanggal 25 April 2024. Prinsip               SE: B.16A/Dir.03.05/PCP/DOP/04/2024 dated April 25, 2024. The principles
pengadaan barang dan/atau jasa yang wajib ditaati terdiri dari: Efisien,         of procurement of goods and/or services that must be adhered to consist
Efektif, Kompetitif, Transparan, Terbuka, Adil/Wajar, Akuntabel, Standarisasi    of: Efficient, Effective, Competitive, Transparent, Open, Fair/ Reasonable,
Barang dan/atau Jasa, Sentralisasi, Desentralisasi, dan Ditentukan dalam         Accountable, Standardization of Goods and/or Services, Centralization,
RBB/RKA.                                                                         Decentralization, and Determined in the RBB/RKA.

Etika pengadaan barang dan/jasa yang harus dipatuhi oleh para pihak              The ethics of procurement of goods and/or services that must be adhered
yang terkait dalam pelaksanaan pengadaan Barang dan/atau Jasa antara             to by the parties involved in the implementation of procurement of Goods
lain adalah bekerja secara profesional, mandiri atas dasar kejujuran, serta      and/or Services include working professionally, independently on the basis
menjaga kerahasiaan dokumen pengadaan barang dan/atau jasa untuk                 of honesty, and maintaining the confidentiality of procurement documents
mencegah terjadinya penyimpangan dalam pengadaan barang dan/                     for goods and/or services to prevent deviations in the procurement of goods
atau jasa. Selain itu, tidak saling mempengaruhi baik langsung maupun            and/or services. In addition, not influencing each other either directly or
tidak langsung, untuk mencegah dan menghindari terjadinya persaingan             indirectly, to prevent and avoid unfair competition; accepting and being
yang tidak sehat; menerima dan bertanggung jawab atas segala keputusan           responsible for all decisions that have been made in accordance with the
yang telah ditetapkan sesuai dengan kesepakatan para pihak.                      agreement of the parties.

Etika pengadaan barang dan/jasa lainnya yang diatur dalam Pedoman                The ethics of procurement of goods and/or other services regulated in the
Pelaksanaan Pengadaan Barang dan/atau Jasa adalah menghindari dan                Guidelines for Implementation of Procurement of Goods and/or Services
mencegah terjadinya pemborosan dan kebocoran keuangan Bank dalam                 is to avoid and prevent waste and leakage of the Bank’s finances in the
pengadaan Barang/atau Jasa. Selanjutnya, menghindari dan mencegah                procurement of Goods/or Services. Furthermore, this is to avoid and prevent
terjadinya pertentangan kepentingan para pihak yang terkait, langsung            conflicts of interest of the parties involved, directly or indirectly, in the process
atau tidak langsung dalam proses pengadaan barang dan/jasa lainnya.              of procurement of goods and/or other services.



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       Management Discussion and Analysis             Good Corporate Governance                         Sustainability Report                  Audited Financial Report




Kebijakan Tentang Benturan Kepentingan
Policy on Conflict of Interest

Benturan kepentingan menjadi salah satu isu penting dalam penerapan                 Conflict of interest is one of the important issues in the implementation of
GCG di lingkungan Bank Raya. Terkait dengan hal tersebut, Pedoman                   GCG in Bank Raya. In relation to this, the Bank Raya GCG Guidelines have
GCG Bank Raya telah mengatur benturan kepentingan sebagai berikut:                  regulated conflicts of interest as follows:
a. Anggota Direksi, anggota Dewan Komisaris, anggota Komite Bank,                   a. Members of the Board of Directors, members of the Board of
    Pejabat Eksekutif, dan pegawai Bank harus menghindari segala bentuk                 Commissioners, members of the Bank Committee, Executive Officers,
    benturan kepentingan dalam pelaksanaan tugas pengelolaan dan                        and Bank employees must avoid all forms of conflict of interest in
    pengawasan Bank.                                                                    carrying out the management and supervision of the Bank.
b. Dalam hal terjadi benturan kepentingan, anggota Direksi, anggota                 b. In the event of a conflict of interest, members of the Board of Directors,
    Dewan Komisaris, anggota Komite Bank, Pejabat Eksekutif, dan                        members of the Board of Commissioners, members of the Bank
    pegawai Bank wajib mengungkapkan benturan kepentingan dalam                         Committee, Executive Officers, and Bank employees are required to
    setiap keputusan yang memenuhi kondisi adanya benturan                              disclose the conflict of interest in every decision that meets the conditions
    kepentingan.                                                                        for a conflict of interest.
c. Selain mengungkapkan benturan kepentingan, anggota Direksi,                      c. In addition to disclosing conflicts of interest, members of the Board of
    anggota Dewan Komisaris, anggota Komite Bank, Pejabat Eksekutif,                    Directors, members of the Board of Commissioners, members of the
    dan pegawai Bank dilarang mengambil Tindakan yang berpotensi                        Bank Committee, Executive Officers, and Bank employees are prohibited
    merugikan Bank atau mengurangi keuntungan Bank.                                     from taking actions that have the potential to harm the Bank or reduce
                                                                                        the Bank's profits.

Bank Raya telah memiliki Kebijakan Penanganan Benturan Kepentingan                  Bank Raya has a Conflict-of-Interest Handling Policy which is stipulated
(Conflict of Interest) yang ditetapkan berdasarkan Surat Edaran Direksi             based on Bank Raya’s Board of Directors’ Circular No. SE.B.50/Dir.01.04/
Bank Raya Nomor SE.B.50/Dir.01.04/PCP/LCA/11/2024 tentang Pedoman                   PCP/LCA/11/ 2024 on Guidelines for Handling Affiliated Transactions,
Pelaksanaan Penanganan Transaksi Afiliasi, Benturan Kepentingan (Conflict           Conflict-of-Interest Transactions, and Insider Trading. This Conflict-of-Interest
of Interest), dan Transaksi Orang Dalam (Insider Trading). Kebijakan                Handling Policy serves as a guideline to identify, reduce, and manage
Penanganan Benturan Kepentingan ini berfungsi sebagai pedoman untuk                 potential conflicts of interest that may arise in the Bank as a result of the
mengidentifikasi, mengurangi, dan mengelola adanya potensi benturan                 implementation of the Bank's business activities.
kepentingan yang mungkin timbul dalam Bank akibat dari pelaksanaan
kegiatan usaha Bank.



Kebijakan tentang Pertumbuhan Berkelanjutan
Policy on Sustainable Growth

Sebagaimana diatur dalam Surat Edaran Direksi No. SE. B.16/Dir.02.04/               As stipulated in the Board of Directors' Circular Letter No. SE. B.16/Dir.02.04/
PCP/ERM/04/2024 tanggal 25 April 2024 tentang Kerangka Acuan Strategi               PCP/ERM/04/2024 dated April 25, 2024, on the Sustainability Strategy
Keberlanjutan (Sustainability), Bank telah menerapkan keuangan                      Reference Framework, the Bank has implemented sustainable finance in
berkelanjutan dalam kegiatan usaha dan menyusun rencana aksi keuangan               its business activities and developed a sustainable finance action plan.
berkelanjutan. Selanjutnya, Bank memiliki dan mengalokasikan sebagian               Furthermore, the Bank maintains and allocates a portion of its funds as a
danaya sebagai dana tanggung jawab sosial dan lingkungan dalam                      social and environmental responsibility fund to support its sustainable
mendukung kegiatan penerapan keuangan berkelanjutan.                                finance activities.

Sebagai bentuk tindak lanjut dari pemenuhan ketentuan Peraturan Otoritas            As a follow-up to compliance with Financial Services Authority Regulation
Jasa Keuangan POJK No.51/POJK.03/2017 tentang Penerapan Keuangan                    (POJK) No. 51/POJK.03/2017 on the Implementation of Sustainable Finance
Berkelanjutan Bagi Lembaga Jasa Keuangan (LK), Emiten dan Perusahaan                for Financial Services Institutions (LK), Issuers, and Public Companies, Bank
Publik maka Bank Raya mengedepankan prinsip-prinsip sebagai berikut:                Raya prioritizes the following principles:



                                                             Prinsip Keuangan Berkelanjutan


                                                         Prinsip Investasi Bertanggung Jawab
                                                         Principles of Responsible Investment

                                                         Prinsip Strategi dan Praktik Bisnis Berkelanjutan
                                                         Principles of Responsible Investment

                                                         Prinsip Pengelolaan Risiko Sosial dan Lingkungan Hidup
                                                         Principles of Social and Environmental Risk Management

                                                         Prinsip Tata Kelola
                                                         Governance Principles

                                                         Prinsip Komunikasi yang Informatif
                                                         Principles of Informative Communication

                                                         Prinsip Inklusif
                                                         Inclusive Principle

                                                         Prinsip Pengembangan Sektor Unggulan Prioritas
                                                         Principles of Priority Leading Sector Development

                                                         Prinsip Koordinasi dan Kolaborasi
                                                         Principles of Coordination and Collaboration




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                       P I L A R ST R A T EG Y                                                             ENABLER
                            S t rat egy P i l l ars
         Terdapat 3 Pilar Strategi pada kerangka keberlanjutan, yaitu:                  Seluruh Pilar Strategi ditopang oleh 4 enabler, yaitu:
        There are 3 Strategic Pillars in the sustainability framework, namely:         All Strategy Pillars are supported by 4 enablers, namely:


                  1                       2                      3                       1                 2               3                4

            Lingkungan                 Sosial              Tata Kelola             Green Policy       Risk              Data             Good
           (Environment)              (Social)            (Governance)                 and         Management       Management,        Corporate
                                                                                    Procedure                       Analytics and     Governance
                                                                                                                     Technology




Peran serta Dewan Komisaris yaitu dalam menyetujui Rencana Aksi                  ard of Commissioners' role is to approve the Sustainable Finance Action
Keuangan Berkelanjutan (RAKB) yang telah disusun oleh Direksi. Selain itu        Plan (RAKB) prepared by the Board of Directors. Furthermore, the Board of
juga Dewan Komisaris mengetahui dan menyetujui RAKB dalam bentuk                 Commissioners acknowledges and approves the RAKB in the form of a
Laporan Keberlanjutan.                                                           Sustainability Report.

Direksi bersama Tim khusus yang terdiri dari Ketua, Koordinator, Tim             The Board of Directors, with a special team consisting of the Chairperson,
Penyusun, Tim Pemantau dan Tim Pelapor melakukan penyusunan Program              Coordinator, Drafting Team, Monitoring Team, and Reporting Team, prepares
RAKB, evaluasi dan monitoring terhadap RAKB dan pelaporan.                       the RAKB program, evaluates and monitors the RAKB, and conducts reporting.

Penyajian lebih lengkap terkait aspek keuangan berkelanjutan dan                 A more complete presentation regarding sustainable finance aspects and
pengelolaan lingkungan, sosial, dan tata kelola dapat dilihat pada Laporan       environmental, social, and governance management can be seen in the
Keberlanjutan yang disajikan di bab terakhir dari Laporan Tahunan dan            Sustainability Report presented in the last chapter of this Annual and
Keberlanjutan ini.                                                               Sustainability Report.




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      Management Discussion and Analysis              Good Corporate Governance                       Sustainability Report                       Audited Financial Report




Pedoman Umum Governansi Korporat Indonesia (PUGKI)
General Guidelines For Indonesian Corporate Governance (PUGKI)

                                                  Peran dan Tanggung Jawab Direksi dan Dewan Komisaris
                                        Roles and Responsibilities of the Board of Directors and Board of Commissioners

1.1   Peran dan Tanggung 1.1.1    Untuk mencapai penciptaan nilai yang 1.1.1         To achieve sustainable value creation, Diterapkan:
      Jawab Direksi               berkelanjutan, Direksi menjalankan peran           the Board of Directors carries out its ■               Pengelolaan Bank yang berorientasi
      R o l e s        a n d      kepemimpinannya dan berupaya                       leadership role and seeks to achieve the               jangka Panjang berpedoman pada
      Responsibilities of the     mencapai hasil governansi sebagai                  following governance outcomes:                         RBB dan RKAB serta RJPP dengan
      Board of Director           berikut:                                           a.     to be competitive and focused on                mengedepankan aspek keberlanjutan
                                  a.   berdaya saing dan berfokus ke                        long-term performance;                          dengan memperhatikan aspek
                                       kinerja jangka panjang;                       b.     to be ethical and responsible in                lingkungan, sosial, dan tata kelola
                                  b.   beretika dan bertanggung jawab                       conducting business;                            (LST).
                                       dalam menjalankan bisnis;                                                                       ■    Visi, misi, tujuan, sasaran, strategi,
                                  c.   berkontribusi positif terhadap                c.     to have positive contributions to the           dan rencana tahunan dan jangka
                                       masyarakat dan lingkungan; serta                     community and the environment; as               menengah ditetapkan sejalan
                                                                                            well as                                         dengan RJPP dengan
                                  d.   berkemampuan dalam bertahan                   d.     to be able to survive and grow                  mengoptimalkan inovasi teknologi.
                                       dan bertumbuh (corporate                             (corporate resilience)                     ■    Bank telah mengembangkan Sistem
                                       resilience)                                                                                          Manajemen Risiko dan Pengendalian
                                                                                                                                            Internal yang selaras dengan strategi
                          1.1.2   Direksi harus memastikan bahwa misi, 1.1.2         The Board of Directors must ensure that                Bank Raya dan ketentuan yang
                                  visi, tujuan, sasaran, strategi, dan rencana       the corporate mission, vision, goals,                  berlaku;
                                  tahunan dan jangka menengah korporasi              objectives, strategies, as well as annual ■            Peran Dewan Komisaris, Direksi,
                                  konsisten dengan tujuan jangka panjang,            and mid-term plans are consistent with                 Komite Audit, and Internal Audit
                                  dengan memanfaatkan inovasi dan                    long-term goals, by effectively utilizing              dalam proses audit yang melibatkan
                                  teknologi secara efektif.                          innovation and technology.                             auditor eksternal yang menghasilkan
                                                                                                                                            laporan keuangan auditan yang
                          1.1.3   Direksi memastikan bahwa korporasi 1.1.3           The Board of Directors ensures that the                tepat waktu dan sesuai dengan
                                  menerapkan manajemen risiko dan sistem             corporation implements an appropriate                  standard akutansi dan ketentuan
                                  pengendalian internal yang tepat dan               and effective risk management and                      OJK;
                                  efektif yang selaras dengan visi, misi,            internal control system that is aligned with ■         Pemanfaatan teknologi untuk
                                  tujuan, sasaran, dan strategi korporasi            the corporate vision, mission, goals,                  mendukung bisnis inti diperkuat
                                  serta mematuhi peraturan perundang-                objectives and strategies, as well as                  dengan tata kelola teknologi
                                  undangan dan standar yang berlaku.                 complying with applicable laws and                     informasi yang telah ditetapkan;
                                                                                     regulations and standards.                        ■    Board Charter Direksi telah
                                                                                                                                            mencakup pembagian tugas dan
                          1.1.4   Direksi memastikan integritas akuntansi 1.1.4      The Board of Directors ensures that the                mekanisme pengunduran diri akibat
                                  dan sistem pelaporan keuangan korporasi            integrity of the corporate accounting and              kejahatan keuangan dan
                                  dan pengungkapan yang tepat waktu                  financial reporting system and the timely              pelanggaran ketentuan yang
                                  dan akurat atas semua informasi material           and accurate disclosure of all material                berlaku.
                                  mengenai korporasi.                                information about the corporation.
                                                                                                                                       Applied:
                          1.1.5   Direksi memastikan pelaporan 1.1.5                 The Board of Directors ensures that ■                  Long-term management of the Bank
                                  keberlanjutan telah disusun sebagaimana            sustainability reporting has been prepared             is guided by the RBB and RKAB, as
                                  mestinya.                                          properly.                                              well as the RJPP, by prioritizing
                                                                                                                                            sustainability issues through
                          1.1.6   Direksi membangun kerangka kerja untuk 1.1.6       The Board of Directors builds a framework              consideration of environmental,
                                  governansi teknologi informasi (TI)                for corporate information technology (IT)              social, and governance (ESG) aspects.
                                  korporasi yang selaras dengan kebutuhan            governance that is aligned with corporate ■            The vision, mission, goals, objectives,
                                  dan prioritas bisnis korporasi, mendorong          business needs and priorities, drives                  strategies, and annual and medium-
                                  peluang dan kinerja bisnis, memperkuat             business opportunities and performance,                term plans are determined in
                                  manajemen risiko, serta mendukung                  strengthens risk management, as well as                accordance with the RJPP by
                                  tujuan dan strategi korporasi.                     supports corporate goals and strategies.               optimizing technological innovation.
                                                                                                                                       ■    The Bank has developed a risk
                          1.1.7   Bagi korporasi yang menjalankan kegiatan 1.1.7     For corporations conducting business                   management and internal control
                                  usaha berdasarkan prinsip Syariah, Direksi         activities based on Sharia principles, the             system in accordance with Bank
                                  perlu memastikan kewenangan dan                    Board of Directors needs to ensure the                 Raya's strategy and applicable
                                  ketersediaan perangkat pendukung yang              authority and availability of adequate                 regulations;
                                  memadai agar Dewan Pengawas Syariah                supporting tools, allowing the Sharia ■                The role of the Board of Commissioners,
                                  dapat menjalankan perannya dengan                  Supervisory Board to carry out its role                Board of Directors, Audit Committee and
                                  efektif.                                           effectively.                                           Internal Audit in the audit process
                                                                                                                                            involving external auditors who prepare
                          1.1.8   Piagam Direksi secara periodik ditinjau. 1.1.8     The Board of Directors’ Charter is periodically        timely audited financial reports in
                                  Piagam mencakup antara lain pembagian              reviewed. The Charter includes, among                  accordance with accounting standards
                                  peran Direktur secara individual dapat             others, the delegation of roles for the Directors      and OJK regulations;
                                  diatur di Piagam Direksi atau dengan               individually, which can be regulated in the ■          The use of technology to support
                                  surat keputusan Direksi.                           Board of Directors’ Charter or by a decision           the core business is strengthened
                                                                                     letter of the Board of Directors.                      through established information
                                                                                                                                           technology governance;
                          1.1.9   Direksi mempunyai kebijakan terkait 1.1.9          The Board of Directors has a policy ■                 The Directors' Board of Charter has
                                  pengunduran diri anggota Direksi apabila           regarding the resignation of members of               established the division of
                                  terlibat dalam kejahatan keuangan dan              the Board of Directors if they are involved           responsibilities and the mechanism
                                  terbukti melakukan kesalahan.                      in a financial crime and are proven to                for resignation due to financial crimes
                                                                                     have made a mistake.                                  and violations of applicable
                                                                                                                                           regulations.




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      Performance Highlights                       Management Report                          Company Profile                               Overview of Business Support Units




                                                       Peran dan Tanggung Jawab Direksi dan Dewan Komisaris
                                             Roles and Responsibilities of the Board of Directors and Board of Commissioners

1.2   Penilaian                 1.2.1   Dewan Komisaris melakukan evaluasi 1.2.1          The Board of Commissioners conducts Diterapkan:
      Kinerja - Direksi dan             formal tahunan secara obyektif dan                an annual formal evaluation in an ■          Telah memiliki mekanisme dan
      Anggotanya                        independen untuk menentukan efektivitas           objective and independent manner to          parameter penilaian kinerja Direksi
      Performance                       Direksi dan setiap individu Direktur.             determine the effectiveness of the Board ■   Evaluasi tahunan dilakukan oleh
      Assessment – Board                                                                  of Directors and each individual Director.   Dewan Komisaris dengan
      of Directors and its                                                                                                             melibatkan Komite Nominasi dan
      Members                   1.2.2   Dewan Komisaris dengan pertimbangan 1.2.2         The Board of Commissioners, with due         Remunerasi
                                        Komite Nominasi dan Remunerasi,                   observance of the Nomination and
                                        bertanggung jawab menentukan kriteria             Remuneration Committee, is responsible Applied:
                                        evaluasi kinerja dan menilai kinerja              for determining performance assessment ■     Has a mechanism and parameters
                                        Direktur Utama dan anggota Direksi                criteria and assessing the performance       for evaluating the performance of
                                        lainnya.                                          of the President Director and other          the Board of Directors
                                                                                          members of the Board of Directors.         ■ Annual evaluation is conducted by
                                                                                                                                       the Board of Directors with the
                                                                                                                                       involvement of the Nomination and
                                                                                                                                       Compensation Committee.
1.3   Peran dan Tanggung        1.3.1   Dewan Komisaris mereviu strategi 1.3.1            The Board of Commissioners reviews the          Diterapkan:
      Jawab Dewan                       korporasi paling tidak setiap tahun dan           corporate strategy at least annually and        ■    Dewan Komisaris telah menjalankan
                                                                                                                                               fungsi pengawasan dan pemberian
      Komisaris                         menyetujui misi, visi dan strategi korporasi      approves the corporate mission, vision
                                                                                                                                               nasehat kepada Direksi atas
      Roles and                         yang dirumuskan oleh Direksi. Dewan               and strategy formulated by the Board of              pengelolaan Bank antara lain
      Responsibilities of the           Komisaris juga mereviu, memberikan                Directors. The Board of Commissioners                melalui rapat gabungan.
      Board of                          saran dan menyetujui rencana bisnis dan           also reviews, provides advice, and              ■    Keputusan yang memerlukan
                                                                                                                                               persetujuan Dewan Komisaris telah
      Commissioners                     rencana keuangan jangka panjang dan               approves long term business and financial
                                                                                                                                               dijelaskan di Laporan Tahunan ini.
                                        rencana keuangan jangka pendek                    plans and Bank Raya’s short-term financial      ■    Keputusan rapat-rapat tersebut
                                        korporasi. Dewan Komisaris memberikan             plans. The Board of Commissioners                    telah dibuat risalah rapat;
                                        advis dan melakukan pemantauan                    provides advice and monitors the Board          ■    Komite Remunerasi dan Nominasi
                                                                                                                                               telah memberikan rekomendasi
                                        kepada Direksi atas pengelolaan                   of Directors on the management of its
                                                                                                                                               kepada Dewan Komisaris terkait
                                        implementasinya. Direksi dan Dewan                implementation. The Board of Directors               remunerasi nominasi anggota
                                        Komisaris terlibat dalam keputusan yang           and Board of Commissioners are involved              Dewan Komisaris dan Direksi
                                        sangat penting bagi korporasi, diatur             in decisions that are very important for             disamping membantu Dewan
                                                                                                                                               Komisaris memastikan proses
                                        dalam anggaran dasar korporasi.                   the corporation, as regulated in the articles
                                                                                                                                               pencalonan dan pemilihan berjalan
                                                                                          of association of Bank Raya.                         secara formal dan transparan.
                                                                                                                                          ■    Pengawasan Dewan Komisaris atas
                                1.3.2   Jenis keputusan yang memerlukan 1.3.2             The types of decisions that require the              pengelolaan Bank Raya
                                        persetujuan Dewan Komisaris harus                 approval of the Board of Commissioners               memperhatikan apek pengelolaan
                                        diungkapkan dalam laporan tahunan.                must be disclosed in the annual report.              risiko, integritas akuntansi dan sistem
                                                                                                                                               pelaporan keuangan korporat, serta
                                1.3.3   Dengan memperhatikan rekomendasi 1.3.3            Taking into account the recommendation               independensi fungsi audit internal
                                        Komite Nominasi dan, Dewan Komisaris              of the Nomination and Remuneration                   dan eksternal serta pelaporan
                                        mengusulkan kepada, dan untuk                     Committee, the Board of Commissioners                laporan keuangan yang sesuai
                                        diputuskan Remunerasi oleh, RUPS                  proposes to, and to be resolved by, the              standard akuntansi dan ketentuan
                                        pengangkatan dan/atau pemberhentian               GMS the appointment and/or dismissal                 yang berlaku disamping penyajian
                                        anggota Direksi dan anggota Dewan                 of members of the Board of Directors and             laporan tahunan sesuai ketentuan
                                        Komisaris. Dalam mengusulkan hal di               members of the Board of Commissioners.               regulator;
                                        atas, Dewan Komisaris memperhatikan               In proposing the above, the Board of            ■    Board Charter secara periodik
                                        keberagaman, unsur nondiskriminatif dan           Commissioners takes into account the                 diperbaharui untuk menyesuaikan
                                        memberikan kesempatan yang sama                   diversity, non-discriminatory elements, as           perubahan peraturan dan dinamika
                                        tanpa membedakan suku, agama, ras,                well as provides equal opportunities                 industri dan bisnis Bank Raya serta
                                        antar golongan dan jender. Dewan                  regardless of ethnicity, religion, race, class       menjelaskan beragam ketentuan
                                        Komisaris memastikan proses pencalonan            and gender. The Board of Commissioners               terkait Dewan Komisaris termasuk
                                        dan pemilihan anggota Direksi dan                 ensures a formal and transparent selection           kebijakan pengunduran diri, rapat
                                        anggota Dewan Komisaris adalah formal             and nomination process for members of                dan peran penting Komisaris Utama.
                                        dan transparan.                                   the Board of Directors and members of
                                                                                          the Board of Commissioners.                    Applied:
                                                                                                                                         ■    The Board of Commissioners has
                                1.3.4   Dewan Komisaris atau Komite yang 1.3.4            The Board of Commissioners or                       actively fulfilled its supervisory and
                                        menjalankan fungsi nominasi menyusun              Committees conducting the nomination                advisory roles concerning the Bank's
                                        kebijakan suksesi dalam proses nominasi           function formulate a succession policy in           management, which includes
                                        anggota Direksi. Setiap tahun Dewan               the process of nominating members of                holding joint meetings with the Board
                                        Komisaris meninjau pelaporan                      the Board of Directors. Every year, the             of Directors.
                                        pelaksanaan rencana pengembangan                  Board of Commissioners reviews the ■                This Annual Report outlines the
                                        dan suksesi yang disampaikan Direktur             report on the implementation of the                 decisions that necessitate the Board
                                        Utama.                                            development and succession plans                    of Commissioners' approval.
                                                                                          submitted by the President Director.           ■    All outcomes from these meetings
                                                                                                                                              have been documented in official
                                1.3.5   Dewan Komisaris a). mengajukan kepada 1.3.5       The Board of Commissioners a). submit               minutes.
                                        RUPS, yang dapat didahului oleh usulan            to the GMS, which may be preceded by
                                        dari Komite yang menjalankan fungsi               recommendation from Committees
                                        remunerasi, besaran remunerasi anggota            conducting the remuneration function,
                                        Direksi dan anggota Dewan Komisaris               the amount of remuneration for members
                                        yang selaras dengan pengembangan                  of the Board of Directors and members
                                        korporasi yang berkelanjutan dan                  of the Board of Commissioners, in line
                                        kepentingan jangka panjang korporasi              with sustainable corporate development
                                        dan pemegang saham; b). secara berkala            and the long-term interests of the
                                        mereviu sistem remunerasi Direksi dan             corporation and shareholders; b).
                                        Dewan Komisaris                                   periodically reviewing the remuneration
                                                                                          system for the Board of Directors and
                                                                                          Board of Commissioners.




484 PT Bank Raya Indonesia Tbk
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Analisis dan Pembahasan Manajemen               Tata Kelola Perusahaan                         Laporan Keberlanjutan                  Laporan Keuangan Audit
Management Discussion and Analysis              Good Corporate Governance                      Sustainability Report                  Audited Financial Report




                                            Peran dan Tanggung Jawab Direksi dan Dewan Komisaris
                                  Roles and Responsibilities of the Board of Directors and Board of Commissioners

                    1.3.6    Dewan Komisaris mengawasi efektivitas 1.3.6       The Board of Commissioners oversees the ■       The Remuneration and Nomination
                             kebijakan governansi korporat dan                 effectiveness of corporate governance           Committee has provided valuable
                             implementasinya serta mengusulkan                 policies and the implementation, as well as     recommendations to the Board of
                             perubahan jika diperlukan.                        proposing changes if necessary.                 Commissioners regarding the
                                                                                                                               remuneration and nominations for
                    1.3.7    Dewan Komisaris memantau dan 1.3.7                The Board of Commissioners monitors             both the Board of Commissioners
                             mengarahkan agar korporasi menerapkan             and directs Bank Raya to implement the          and the Board of Directors. The
                             manajemen risiko dan sistem pengendalian          appropriate and effective risk                  Committee also plays a crucial role
                             internal yang tepat dan efektif yang selaras      management and internal control systems         in assisting the Board in ensuring
                             dengan tujuan, sasaran, dan strategi              that are aligned with the corporate goals,      that the nomination and selection
                             korporasi serta mematuhi peraturan                objectives and strategies as well as            processes are conducted in a formal
                             perundang-undangan, kode perilaku dan             complying with laws and regulations,            and transparent manner.
                             standar yang berlaku.                             codes of conduct, and applicable ■              The Board of Commissioners oversees
                                                                               standards.                                      Bank Raya's management by
                                                                                                                               focusing on various crucial aspects,
                    1.3.8    Dewan Komisaris mengawasi dan 1.3.8               The Board of Commissioners supervises           including risk management, the
                             mengarahkan agar tercapai integritas              and directs the integrity of the corporate      integrity of accounting practices,
                             akuntansi dan sistem pelaporan keuangan           accounting and financial reporting system,      and the systems of corporate
                             korporat, serta independensi fungsi audit         as well as the independence of the internal     financial reporting. They ensure the
                             internal dan eksternal.                           and external audit functions.                   independence of both internal and
                                                                                                                               external audit functions, and strive
                    1.3.9    Dewan Komisaris memantau, mereviu dan 1.3.9       The Board of Commissioners monitors,            for compliance with accounting
                             menyetujui laporan tahunan dan laporan            reviews, and approves the annual report         standards and relevant regulations,
                             keberlanjutan Korporasi serta memastikan          and sustainability report of Bank Raya, and     including the timely presentation of
                             integritasnya, serta mengawasi proses             ensures their integrity, as well as oversees    annual reports as mandated.
                             pengungkapan dan pengkomunikasian                 Bank Raya’s disclosure and communication ■      Additionally, the Board Charter is
                             korporasi.                                        process.                                        regularly revised to reflect changes
                                                                                                                               in regulations and the evolving
                    1.3.10   Piagam Dewan Komisaris secara periodik 1.3.10     The charter of the Board of Commissioners       landscape of Bank Raya's industry
                             ditinjau.                                         is periodically reviewed.                       and business. It outlines essential
                                                                                                                               provisions related to the Board of
                    1.3.11   Dewan Komisaris mempunyai kebijakan 1.3.11        The Board of Commissioners has a policy         Commissioners, such as policies on
                             terkait pengunduran diri anggota Dewan            regarding the resignation of members of         resignation, meeting protocols, and
                             Komisaris apabila terlibat dalam kejahatan        the Board of Commissioners if they are          the significant responsibilities held
                             keuangan dan terbukti melakukan                   involved in financial crimes and are proven     by the President Commissioner.
                             kesalahan.                                        to have made a mistake.

                    1.3.12   Komisaris independen sangat diharapkan 1.3.12     Independent commissioners are highly
                             untuk dapat berkontribusi dalam diskusi           expected to be able to contribute to honest,
                             yang jujur, obyektif, aktif dan konstruktif       objective, active, and constructive
                             pada rapat Dewan Komisaris.                       discussions at meetings of the Board of
                                                                               Commissioners.


                    1.3.13   Komisaris Utama berperan sebagai 1.3.13           The President Commissioner acts as the
                             koordinator Dewan Komisaris dan                   coordinator of the Board of Commissioners
                             memastikan efektivitasnya. Komisaris              and ensures its effectiveness. The President
                             Utama mendorong budaya keterbukaan                Commissioner promotes a culture of
                             dan dialog konstruktif yang memungkinkan          transparency and constructive dialogue
                             berbagai pandangan diungkapkan,                   that allows a variety of views to be
                             termasuk mengkoordinasi penetapan                 expressed, including coordinating the
                             agenda rapat dewan yang tepat dan                 setting of appropriate board meeting
                             memastikan waktu yang cukup tersedia              agendas and ensuring sufficient time is
                             untuk mendiskusikan semua agenda.                 available to discuss all agenda items. In
                             Selain itu, juga harus ada kesempatan             addition, there should also be opportunities
                             bagi Dewan Komisaris untuk bertemu                for the Board of Commissioners to meet
                             dengan jajaran Direksi dan manajemen              with the Board of Directors and senior
                             senior.                                           management.




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                                                                                                    Annual Report & Sustainability Report   2025 485
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      Ikhtisar Kinerja                        Laporan Manajemen                           Profil Perusahaan                              Tinjauan Pendukung Bisnis
      Performance Highlights                  Management Report                           Company Profile                                Overview of Business Support Units




                                                  Peran dan Tanggung Jawab Direksi dan Dewan Komisaris
                                        Roles and Responsibilities of the Board of Directors and Board of Commissioners

1.4   Pembentukan Komite 1.4.1     Korporasi memiliki komite-komite di 1.4.1         The Corporation has committees under the Diterapkan:
      Establishment of             bawah Dewan Komisaris sekurang-                   Board of Commissioners, consisting of at ■    Dewan Komisaris Bank Raya telah
      Committees                   kurangnya terdiri dari: Komite Audit, Komite      least: the Audit Committee, Nomination and    memiliki ketiga komite yang
                                   Nominasi dan Remunerasi dan Komite                Remuneration Committee, and Risk              dimaksud dan memastikan
                                   Pemantau Manajemen Risiko.                        Management Monitoring Committee.              independensi dan wewenang dari
                                                                                                                                   semua anggota Komite Dewan
                           1.4.2   Dewan Komisaris memastikan bahwa 1.4.2            The Board of Commissioners ensures that       Komisaris.
                                   anggota Komite Audit seluruhnya                   all members of the Audit Committee are ■      Ketua Komite Audit dijabat oleh
                                   independen dan komite lain yang                   independent and the majority of other         Komisaris Independen dan semua
                                   dibentuk Dewan Komisaris adalah                   committees established by the Board of        anggota Komite Dewan Komisaris
                                   mayoritas dari pihak independen, serta            Commissioners are independent parties,        dipastikan telah memiliki keahlian
                                   semua anggota komite memiliki                     and all members of the committee are          dan sertifikasi yang diperlukan untuk
                                   kompetensi, berkomitmen, serta memiliki           competent, committed, and have sufficient     mendukung fungsi pengawasan
                                   wewenang yang memadai untuk                       authority to perform their roles in an        Bank yang dilakukan oleh Dewan
                                   menjalankan perannya secara efektif               effective and independent manner.             Komisaris.
                                   dan independen.
                                                                                                                              Applied:
                           1.4.3   Untuk memastikan pemantauan atas 1.4.3            To ensure the monitoring on the ■             The Board of Commissioners of Bank
                                   pelaksanaan tugas Komite Audit berjalan           implementation of duties of the Audit         Raya is composed of the three
                                   obyektif dan independen, Komisaris Utama          Committee is carried out in an objective      aforementioned committees, which
                                   tidak boleh menjadi ketua Komite Audit,           and independent manner, the President         are dedicated to upholding the
                                   kecuali dalam keadaan luar biasa yang             Commissioner is not allowed to be the         independence and authority of all
                                   harus dijelaskan dalam laporan tahunan.           chairman of the Audit Committee, except       members within the Board of
                                                                                     in extraordinary circumstances, which         Commissioners Committee.
                                                                                     must be explained in the annual report. ■     The Audit Committee is chaired by
                                                                                                                                   an independent commissioner.
                                                                                                                                   Furthermore, all members of the
                                                                                                                                   Board of Commissioners Committee
                                                                                                                                   possess the requisite expertise and
                                                                                                                                   certifications necessary to effectively
                                                                                                                                   support the supervisory functions
                                                                                                                                   carried out by the Board of
                                                                                                                                   Commissioners.
1.5   Penilaian            1.5.1   Dewan Komisaris melakukan evaluasi 1.5.1          The Board of Commissioners conducts               Diterapkan:
      Kinerja - Dewan              formal tahunan secara obyektif untuk              an annual formal evaluation objectively           Dewan Komisaris telah melakukan
      Komisaris dan                menentukan efektivitas Dewan, komitenya,          to determine the effectiveness of the             penilaian terhadap pencapaian kinerja
      Anggotanya                   dan setiap individu Komisaris.                    Board, its committees, and each individual        secara formal setiap tahun. Dewan
      Performance                                                                    Commissioner.                                     Komisaris juga telah melakukan penilaian
      Assessment – Board                                                                                                               terhadap komite di bawahnya.
      of Commissioners                                                                                                                 Penjelasan terkait hal tersebut dijelaskan
      and its Members                                                                                                                  di bab GCG.

                                                                                                                                       Applied:
                                                                                                                                       The Board of Commissioners has
                                                                                                                                       undertaken a formal performance
                                                                                                                                       evaluation annually. Furthermore, the
                                                                                                                                       Board has assessed the performance of
                                                                                                                                       its subordinate committees. Comprehensive
                                                                                                                                       details regarding these evaluations are
                                                                                                                                       provided in the GCG chapter.
1.6   Benturan Kepentingan 1.6.1   Anggota Direksi yang mempunyai rangkap 1.6.1      Members of the Board of Directors with            Diterapkan:
      Conflict of Interet          jabatan di luar korporasi, harus                  concurrent positions outside the                  Laporan tahunan ini telah mengungkapan
                                   mendapatkan persetujuan dari Dewan                corporation must obtain approval from             secara detail terkait ketentuan rangkap
                                   Komisaris. Seorang Komisaris memberi              the Board of Commissioners. A                     jabatan, kepemilikan saham dari Dewan
                                   tahu Dewan Komisaris dan ketua komite             Commissioner notifies the Board of                Komisaris dan Direksi beserta penyajian
                                   yang menjalankan fungsi nominasi,                 Commissioners and the chairman of the             informasi terkait implementasi atas
                                   sebelum menerima penunjukan baru                  committee carrying out the nomination             ketentuan-ketentuan tersebut yang dapat
                                   sebagai Direktur atau Komisaris dari              function, prior to accepting a new                dilihat di bagian Transparansi Informasi
                                   korporasi terbuka, jabatan Direktur lainnya       appointment as Director or Commissioner           Terkait Dewan Komisaris dan Direksi dari
                                   atau posisi lain dengan komitmen waktu            of a public company, other Director               bab GCG.
                                   yang signifikan.                                  positions or other positions with a significant
                                                                                     time commitment.                                  Applied:
                                                                                                                                       This annual report provides a
                           1.6.2   Dewan Komisaris memantau dan 1.6.2                The Board of Commissioners monitors               comprehensive disclosure of the provisions
                                   mengelola potensi benturan kepentingan            and manages potential conflicts of interest       pertaining to concurrent positions and
                                   manajemen, anggota Direksi, Dewan                 for management, members of the Board              share ownership held by the Board of
                                   Komisaris dan pemegang saham,                     of Directors, Board of Commissioners and          Commissioners and the Board of Directors.
                                   termasuk penyalahgunaan aset korporasi            shareholders, including misuse of corporate       Furthermore, it presents detailed
                                   dan penyalahgunaan dalam transaksi                assets and misuse in related party                information regarding the implementation
                                   pihak berelasi. Komisaris yang memiliki           transactions. Commissioners with conflicts        of these provisions, which can be located
                                   benturan kepentingan tidak turut serta            of interest do not participate in monitoring      in the section titled "Transparency of
                                   dalam pemantauan dan pengambilan                  and making decisions on potential conflicts       Information Regarding the Board of
                                   keputusan atas potensi benturan                   of interest involving the Commissioners           Commissioners and the Board of Directors"
                                   kepentingan yang melibatkan Komisaris             or affiliates of the Commissioners                within the chapter on "Good Corporate
                                   atau afiliasi Komisaris yang bersangkutan.        concerned.                                        Governance (GCG).




486 PT Bank Raya Indonesia Tbk
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      Analisis dan Pembahasan Manajemen                 Tata Kelola Perusahaan                         Laporan Keberlanjutan                      Laporan Keuangan Audit
      Management Discussion and Analysis                Good Corporate Governance                      Sustainability Report                      Audited Financial Report




                                                    Peran dan Tanggung Jawab Direksi dan Dewan Komisaris
                                          Roles and Responsibilities of the Board of Directors and Board of Commissioners

1.7   P e n i n g k a t a n 1.7.1   Dewan Komisaris memastikan bahwa 1.7.1             The Board of Commissioners ensures that       Diterapkan:
      Kompetensi Anggota            anggota Direksi dan Dewan Komisaris                members of the Board of Directors and         Bank Raya telah memiliki kebijakan
      Direksi dan Dewan             memahami peran dan tanggung jawab                  Board of Commissioners understand their       peningkatan kompetensi bagi Dewan
      Komisaris                     mereka, karakteristik dan operasi korporasi,       roles and responsibilities, characteristics   Komisaris dan Direksi. Penerapan atas
      Competency                    peraturan perundang-undangan dan                   and operations of the corporation, relevant   kebijakan ini beserta partisipasi anggota
      Improvement of                standar yang relevan serta kewajiban               laws and regulations and other applicable     Dewan Komisaris dan Direksi dapat dilihat
      Members of the Board          lain yang berlaku. Direksi melalui sekretaris      standards and obligations. The Board of       di Bab GCG bagian Dewan Komisaris dan
      of Directors and Board        korporasi mendukung semua anggota                  Directors through the corporate secretary     Direksi.
      of Commissioners              Direksi dan Dewan Komisaris dalam                  supports all members of the Board of
                                    memperbarui dan menyegarkan                        Directors and Board of Commissioners in       Applied:
                                    keterampilan dan pengetahuan mereka                updating and refreshing the required skills   Bank Raya has established a competency
                                    yang diperlukan untuk menjalankan                  and knowledge to carry out their roles on     enhancement policy applicable to both
                                    peran mereka di Dewan.                             the Board.                                    the Board of Commissioners and the Board
                                                                                                                                     of Directors. The execution of this policy, in
                                                                                                                                     conjunction with the engagement of the
                                                                                                                                     members of the Board of Commissioners
                                                                                                                                     and the Board of Directors, is documented
                                                                                                                                     in the corporate governance chapter
                                                                                                                                     concerning these boards.

                                                   Komposisi dan Remunerasi Direksi dan Dewan Komisaris
                                      Composition and Remuneration of the Board of Directors and Board of Commissioners

2.1   Komposisi Direksi dan 2.1.1   Dalam menentukan kandidat calon 2.1.1              In determining prospective candidates for Diterapkan:
      Dewan Komisaris               Direktur, Dewan Komisaris melalui Komite           Directors, the Board of Commissioners ■        Bank Raya dalam melakukan proses
      Composition of the            Nominasi dan Remunerasi tidak hanya                through the Nomination and Remuneration        seleksi untuk anggota Dewan
      Board of Directors and        mengandalkan rekomendasi dari Dewan                Committee does not only rely on                Komisaris berpedoman kepada
      B o a r d           o f       Komisaris, manajemen atau pemegang                 recommendations from the Board of              ketentuan OJK dan ketentuan
      Commissioners                 saham mayoritas. Dewan Komisaris                   Commissioners, management or majority          internal antara lain Anggaran Dasar,
                                    melalui Komite Nominasi dan Remunerasi             shareholders. The Board of Commissioners       Pedoman GCG, dan Board Manual
                                    dapat menggunakan sumber independen                through the Nomination and Remuneration        Dewan Komisaris dan Direksi.
                                    untuk menentukan kandidat yang                     Committee can use independent sources ■        Penjelasan lebih rinci terkait kriteria
                                    memenuhi syarat.                                   to determine qualified candidates.             Dewan Komisaris dan Direksi, pelibatan
                                                                                                                                      Komite Remunerasi dalam proses
                            2.1.2   Dewan Komisaris memastikan bahwa 2.1.2             The Board of Commissioners ensures that        seleksi dapat dilihat di bagian
                                    kriteria dalam menyeleksi anggota Direksi          the criteria for selecting members of the      Transparansi Informasi Terkait Dewan
                                    mencakup paling tidak pengetahuan,                 Board of Directors include at least the        Komisaris dan Direksi dari bab GCG.
                                    kemampuan, dan keahlian yang dibutuhkan            required knowledge, abilities, and ■           Selanjutnya, penjabaran atas aspek
                                    untuk memenuhi secara tepat peran Direksi          expertise to properly meet the role of the     keahlian, sertifikasi, komposisi,
                                    serta memperhatikan terpenuhinya                   Board of Directors and takes into account      pembagian tugas, dan keberagaman
                                    keberagaman Direksi.                               the fulfilment of the diversity of the Board   Dewan Komisaris dan Direksi yang
                                                                                       of Directors.                                  diperlukan dalam rangka
                                                                                                                                      menjalankan tugas & tanggung jawab
                            2.1.3   Kebijakan korporasi tentang keberagaman 2.1.3      The corporate policy regarding diversity       masing-masing anggota Dewan
                                    pada, Direksi dan Dewan Komisaris                  among the Board of Directors and Board         Komisaris telah dijelaskan bagian
                                    diungkapkan dalam Laporan Tahunan.                 of Commissioners is disclosed in the Annual    Transparansi Informasi Terkait Dewan
                                                                                       Report.                                        Komisaris serta bagian Dewan
                                                                                                                                      Komisaris dan Direksi dari Laporan
                                                                                                                                      Tahunan ini.
                            2.1.4   Dewan Komisaris memastikan bahwa 2.1.4             The Board of Commissioners ensures that
                                    kebijakan dan prosedur untuk seleksi dan           the policies and procedures for the Applied:
                                    nominasi Komisaris adalah jelas dan                selection and nomination of ■                  The selection process for members
                                    transparan sehingga dapat menghasilkan             Commissioners are clear and transparent        of the Board of Commissioners at
                                    komposisi Dewan yang diinginkan. Dewan             in order to produce the desired Board          Bank Raya is governed by the
                                    Komisaris menggunakan sumber                       composition. The Board of Commissioners        stipulations set forth by the Otoritas
                                    independen untuk menentukan kandidat               uses independent sources to determine          Jasa Keuangan (OJK) as well as the
                                    yang memenuhi syarat.                              qualified candidates.                          institution's internal regulations. These
                                                                                                                                      include the Articles of Association,
                            2.1.5   Dewan Komisaris/Komite yang 2.1.5                  The Board of Commissioners/Committee           the Good Corporate Governance
                                    menjalankan fungsi nominasi menetapkan             that performs the nomination function          (GCG) Guidelines, and the Board
                                    prosedur dan kriteria nominasi yang                establishes nomination procedures and          Manual pertaining to both the Board
                                    konsisten dengan matriks keahlian Dewan            criteria that are consistent with the Board    of Commissioners and the Directors.
                                    Komisaris yang telah disetujui Dewan               of Commissioners’ expertise matrix, which ■    A comprehensive explanation
                                    Komisaris dan memastikan bahwa profil              has been approved by the Board of              regarding the criteria applicable to
                                    kandidat memenuhi persyaratan yang                 Commissioners and ensures that the             the Board of Commissioners and
                                    ditetapkan dalam matriks keahlian dan              candidate profile meets the established        Directors, alongside the involvement
                                    kriteria nominasi.                                 requirements in the expertise matrix and       of the Remuneration Committee in
                                                                                       nomination criteria.                           the selection process, can be found
                                                                                                                                      in the section titled "Transparency
                                    Komposisi Dewan Komisaris harus dibentuk                                                          of Information Related to the Board
                            2.1.6                                            2.1.6     The composition of the Board of
                                    sedemikian rupa sehingga anggota-                                                                 of Commissioners and Directors"
                                                                                       Commissioners must be formed in such
                                    anggotanya secara kelompok                                                                        within the "GCG" chapter of this
                                                                                       a way that its members as a group reflect
                                    mencerminkan keberagaman dalam hal                                                                Annual Report.
                                                                                       the diversity in terms of abilities, skills,
                                    kemampuan,              keahlian,
                                                                                       knowledge, experience, age, cultural
                                    pengetahuan,pengalaman, usia, latar
                                                                                       background, and gender needed to
                                    belakang budaya, dan jender yang
                                                                                       properly fulfil the role of the Board of
                                    dibutuhkan untuk memenuhi secara tepat
                                                                                       Commissioners.
                                    peran Dewan Komisaris.




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      Ikhtisar Kinerja                          Laporan Manajemen                         Profil Perusahaan                              Tinjauan Pendukung Bisnis
      Performance Highlights                    Management Report                         Company Profile                                Overview of Business Support Units




                                                    Komposisi dan Remunerasi Direksi dan Dewan Komisaris
                                       Composition and Remuneration of the Board of Directors and Board of Commissioners

                             2.1.7   Untuk memampukan Dewan Komisaris 2.1.7          To enable the Board of Commissioners ■                 Furthermore, details regarding the
                                     dalam memberikan advis dan supervisi            to provide independent advice and                      requisite expertise, certification,
                                     secara independen kepada Direksi dan            supervision to the Board of Directors and              composition, division of duties, and
                                     untuk peran-peran yang terdapat potensi         for roles with potentials for conflicts of             diversity of the Board of
                                     benturan kepentingan, Dewan Komisaris           interest, the Board of Commissioners                   Commissioners and Directors,
                                     terdiri dari Komisaris Independen yang          consists of a sufficient number of                     essential for fulfilling the
                                     cukup jumlahnya, dengan masa jabatan            Independent Commissioners, with a limited              responsibilities assigned to each
                                     yang dibatasi dan terdapat pengungkapan         term of office and there is disclosure of              member, are elucidated in the
                                     jangka waktu keanggotaan Dewan                  the term of membership of the Board of                 section titled "Transparency of
                                     Komisaris serta independensi mereka dari        Commissioners and their independence                   Information Related to the Board of
                                     sudut pandang korporasi.                        from a corporate perspective.                          Commissioners" as well as in the
                                                                                                                                            "Board of Commissioners and
                             2.1.8   Untuk memfasilitasi fungsi Direksi dan 2.1.8    To facilitate the effective function of the            Directors" section of this Annual
                                     Dewan Komisaris yang efektif dan guna           Board of Directors and Board of                        Report.
                                     meningkatkan kepercayaan investor dan           Commissioners and to increase investor and
                                     pemangku kepentingan, Komite Nominasi           stakeholder confidence, the Nomination
                                     dan Remunerasi memastikan bahwa                 and Remuneration Committee ensures that
                                     terdapat proses yang formal, ketat dan          there is a formal, rigorous, and transparent
                                     transparan untuk penunjukan dan                 process for the selection and appointment
                                     pengangkatan anggota Direksi dan                of members of the Board of Directors and
                                     Dewan Komisaris.                                Board of Commissioners.
2.2   Remunerasi Direksi dan 2.2.1   Kebijakan remunerasi anggota Direksi 2.2.1      The remuneration policy for members of the        Diterapkan:
      Dewan Komisaris                terdiri atas struktur remunerasi yang           Board of Directors consists of a remuneration     ■    Bank Raya telah memiliki prosedur
      Remuneration of the            berorientasi pada pengembangan                  structure that is oriented towards sustainable         penetapan remunerasi, struktur
      Board of Directors             korporasi yang berkelanjutan dan                corporate development and encourages                   remunerasi, indikator penetapan
      and Board of                   mendorong pencapaian tujuan jangka              the achievement of long-term goals. The                remunerasi, nominal remunerasi
      Commissioners                  panjang. Remunerasi Direksi harus               Board of Directors’ remuneration must be               beserta rasio terkait remunerasi
                                     diusulkan, dapat dengan melalui Komite          proposed, through the Nomination and                   Dewan komisaris dan Direksi.
                                     Nominasi dan Remunerasi, oleh Dewan             Remuneration Committee, by the Board of           ■    Implementasi atas beragam aspek
                                     Komisaris untuk diputuskan oleh RUPS.           Commissioners to be resolved by the GMS.               remunerasi tersebut telah dijelaskan
                                     Jumlah remunerasi yang diusulkan kepada         The amount of remuneration proposed to                 secara lengkap di bagian
                                     RUPS tersebut ditetapkan dengan                 the GMS is determined by taking into account           Transparansi Informasi Terkait
                                     mempertimbangkan peran setiap anggota           the role of each member of the Board of                Dewan Komisaris dan Direksi.
                                     Direksi dan situasi ekonomi serta kinerja       Directors and the economic situation as
                                     korporasi.                                      corporate performance.                            Applied:
                                                                                                                                       ■    Bank Raya has established a
                             2.2.2   Kebijakan remunerasi anggota Dewan 2.2.2        The remuneration policy for members of the             comprehensive process for
                                     Komisaris terdiri atas struktur remunerasi      Board of Commissioners consists of a                   remuneration determination, which
                                     yang berorientasi pada pengembangan             remuneration structure that is oriented towards        encompasses the remuneration
                                     korporasi yang berkelanjutan dan                sustainable corporate development and                  structure, indicators for remuneration
                                     mendorong pencapaian tujuan jangka              encourages the achievement of long-term                assessment, nominal remuneration
                                     panjang. Jumlah remunerasi yang                 goals. The amount of remuneration proposed             figures, as well as ratios pertinent to
                                     diusulkan Dewan Komisaris kepada RUPS           by the Board of Commissioners to the GMS               the remuneration of the Board of
                                     tersebut ditetapkan dengan                      is determined by taking into account the               Commissioners and Directors.
                                     mempertimbangkan peran setiap anggota           role of each member of the Board of               ■    The execution of the various
                                     Dewan Komisaris dan situasi ekonomi             Commissioners and the economic situation               components of the remuneration
                                     serta kinerja korporasi. Di samping itu         as well as corporate performance. In addition,         framework has been thoroughly
                                     juga harus dipertimbangkan posisinya            consideration should also be given to his/             detailed in the section titled
                                     sebagai Komisaris Utama dan ketua serta         her position as President Commissioner and             "Transparency of Information Related
                                     keanggotaannya dalam komite-komite.             chairman as well as membership in                      to the Board of Commissioners and
                                                                                     committees.                                            Directors. "

                             2.2.3   Untuk memastikan bahwa paket 2.2.3              To ensure that the remuneration package
                                     remunerasi ditentukan berdasarkan               is determined based on the achievements,
                                     prestasi, kualifikasi dan kompetensi Direktur   qualifications, and competencies of the
                                     dan Komisaris dengan memperhatikan              Directors and Commissioners by taking
                                     kinerja operasi korporasi, kinerja individu     into account the performance of corporate
                                     dan kondisi pasar, Komite Nominasi dan          operations, individual performance, and
                                     Remunerasi memastikan bahwa terdapat            market conditions, the Nomination and
                                     prosedur yang adil dan transparan untuk         Remuneration Committee ensures that
                                     menetapkan kebijakan remunerasi                 there are fair and transparent procedures
                                     anggota Direksi dan Dewan Komisaris.            for establishing remuneration policies for
                                                                                     members of the Board of Directors and
                                                                                     Board of Commissioners.




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      Management Discussion and Analysis                   Good Corporate Governance                   Sustainability Report                      Audited Financial Report




                                                         Hubungan Kerja antara Direksi dan Dewan Komisaris
                                             Work Relationship between the Board of Directors and Board of Commissioners

3.1   Sifat Hubungan Kerja 3.1.1        Terdapat diskusi yang terbuka antara 3.1.1     There are open discussions between the Diterapkan:
      Nature of Work                    Direksi dengan Dewan Komisaris serta di        Board of Directors and the Board of ■          Bank Raya telah memiliki kebijakan
      Relationship                      antara para anggota Direksi dan para           Commissioners and between members              spesifik yang mengatur hubungan
                                        anggota Dewan Komisaris. Namun, tetap          of the Board of Directors and members of       kerja Dewan Komisaris dan Direksi
                                        penting menjaga kerahasiaan informasi          the Board of Commissioners. However, it        termasuk terkait pengelolaan data
                                        agar tidak terjadi kebocoran informasi         is still important to maintain the             dan informasi.
                                        rahasia.                                       confidentiality of information to ensure ■     Penyelenggaraan rapat gabungan
                                                                                       that confidential information does not leak.   antara Dewan Komisaris dengan
                                                                                                                                      Direksi termasuk di dalamnya
                               3.1.2    Sesuai dengan tugas dan perannya 3.1.2          In accordance with their respective duties    agenda rapat, kehadiran, dan risalah
                                        masing-masing, Direksi bekerja sama            and roles, the Board of Directors cooperates   diungkapkan di laporan tahunan
                                        dengan Dewan Komisaris dalam                   with the Board of Commissioners in             ini. Penyelenggaraan rapat
                                        merumuskan misi, visi dan strategi             formulating the corporate missions, visions    gabungan ini didukung oleh peran
                                        korporasi dan secara reguler membahas          and strategies, and regularly discusses        Sekretaris Bank Raya dalam
                                        pengimplementasiannya.                         the implementation.                            meningkatkan komunikasi efektif
                                                                                                                                      antara Dewan Komisaris dan Direksi
                               3.1.3    Sekretaris Korporasi memiliki peran 3.1.3      The Corporate Secretary has a crucial          untuk pembahasan implementasi
                                        penting dalam mendukung efektivitas            role in supporting the effectiveness of the    strategi Bank Raya yang dijalankan
                                        hubungan kerja antara Direksi dengan           working relationship between the Board         sesuai dengan visi dan misi Bank
                                        Dewan Komisaris, mendorong                     of Directors and the Board of                  Raya.
                                        implementasi praktek governansi korporat       Commissioners, encouraging the
                                        yang baik, termasuk komunikasi yang            implementation of good corporate Applied:
                                        efektif dengan pemegang saham dan              governance practices, including effective ■    Bank Raya has established a
                                        pemangku kepentingan lainnya.                  communication with shareholders and            comprehensive policy that
                                                                                       other stakeholders.                            delineates the working relationship
                                                                                                                                      between the Board of Commissioners
                                                                                                                                      and the Board of Directors,
                                                                                                                                      encompassing the management
                                                                                                                                      of data and information.
                                                                                                                                    ■ The convening of joint meetings
                                                                                                                                      between the Board of Commissioners
                                                                                                                                      and the Board of Directors, along with
                                                                                                                                      pertinent details such as the meeting
                                                                                                                                      agenda, attendance records, and
                                                                                                                                      minutes, is documented within this
                                                                                                                                      annual report. These joint meetings
                                                                                                                                      are facilitated by the role of the
                                                                                                                                      Secretary of Bank Raya, whose
                                                                                                                                      responsibilities include fostering
                                                                                                                                      effective communication between
                                                                                                                                      the Board of Commissioners and the
                                                                                                                                      Board of Directors. This collaborative
                                                                                                                                      effort aims to discuss the execution
                                                                                                                                      of Bank Raya's strategies in alignment
                                                                                                                                      with its overarching vision and mission.
3.2   Akses informasi       3.2.1       Direksi bertanggung jawab untuk 3.2.1          The Board of Directors is responsible for      Diterapkan:
      Dewan Komisaris                   memastikan Dewan Komisaris                     ensuring that the Board of Commissioners       Hubungan Kerja Dewan Komisaris dan
      Access to Information             mendapatkan akses informasi yang akurat,       has access to accurate, relevant, and          Direksi yang dijelaskan di Bab GCG ini
      for the Board of                  relevan dan tepat waktu. Dewan Komisaris       timely information. The Board of               antara lain secara spesifik mengatur
      Commissioners                     sendiri memastikan bahwa ia memperoleh         Commissioners itself ensures that it obtains   penyediaan data dan informasi yang
                                        informasi yang memadai. Direksi                sufficient information. The Board of           relevan oleh Direksi yang diberikan
                                        menyediakan informasi kepada Dewan             Directors provides information to the Board    kepada Dewan Komisaris dalam
                                        Komisaris secara teratur, tanpa penundaan      of Commissioners regularly, without delay,     menjalankan fungsi pengawasan.
                                        dan secara komprehensif tentang semua          and comprehensively on all matters
                                        masalah yang relevan dengan korporasi.         relevant to the corporation. The Board of      Applied:
                                        Dewan Komisaris sewaktu-waktu dapat            Commissioners may at any time request          The professional relationship between
                                        meminta Direksi untuk memberikan               additional information to the Board of         the Board of Commissioners and the
                                        informasi tambahan.                            Directors.                                     Board of Directors, as delineated in this
                                                                                                                                      chapter of the Governance and
                                                                                                                                      Compliance Guidelines (GCG), explicitly
                                                                                                                                      governs the provision of pertinent data
                                                                                                                                      and information by the Board of Directors
                                                                                                                                      to the Board of Commissioners in the
                                                                                                                                      execution of its oversight functions.
3.3   T a n g g u n g j a w a b 3.3.1   Dampak struktur kepemilikan terhadap 3.3.1     The impact of the ownership structure on       Diterapkan:
      Direksi                           korporasi. Direksi dan Dewan Komisaris         the corporation. The Board of Directors        Dewan Komisaris dan Direksi dalam
      dan Dewan Komisaris               mempertimbangkan tanggung jawabnya             and the Board of Commissioners consider        menjalankan fungsi masing-masing terkait
      atas Dampak Struktur              dalam konteks struktur kepemilikan saham       their responsibilities in the context of the   pengawasan dan pengelolaan Bank
      Responsibilities of the           dan hubungan antar-pemegang saham              shareholding structure and relationships       Raya mengedepankan aspek
      Board of Directors and            korporasi yang mungkin berdampak               between corporate shareholders, which          independensi serta menghindari benturan
      B o a r d            o f          terhadap pengelolaan dan operasi               may have an impact on corporate                kepentingan termasuk pengungkapan
      Commissioners                     korporasi.                                     management and operations.                     kepemilikan saham.
      on Impacts of the
      Structure                                                                                                                       Applied:
                                                                                                                                      The Board of Commissioners and the
                                                                                                                                      Board of Directors, in fulfilling their
                                                                                                                                      respective responsibilities pertaining to
                                                                                                                                      the oversight and management of Bank
                                                                                                                                      Raya, prioritize the principles of
                                                                                                                                      independence and the avoidance of
                                                                                                                                      conflicts of interest, which encompass
                                                                                                                                      the disclosure of shareholdings.




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      Ikhtisar Kinerja                      Laporan Manajemen                          Profil Perusahaan                              Tinjauan Pendukung Bisnis
      Performance Highlights                Management Report                          Company Profile                                Overview of Business Support Units




                                                            Perilaku Etis dan Bertanggung jawab
                                                              Ethical and Responsible Conduct

4.1   Pedoman Etika dan 4.1.1   Pernyataan ini dituangkan dalam 4.1.1             This statement is set forth in the Code of Diterapkan:
      Perilaku                  Pedoman Perilaku dan Etika Usaha                  Conduct and Business Ethics, which must ■       Penjelasan terkait Code of Conduct
      Code of Conduct
                                yang harus secara jelas mengungkapkan             clearly state the corporate expectation         telah disajikan secara lengkap di
                                harapan korporasi bahwa setiap                    that each member of the Board of Directors      laporan tahunan ini, bab GCG
                                anggota Direksi dan Dewan Komisaris               and Board of Commissioners and                  bagian Code of Conduct. Code of
                                serta karyawan akan:                              employees will:                                 Conduct ini berlaku bagi Dewan
                                a.   Bertindak untuk kepentingan terbaik          a.    Act in the best interests of the          Komisaris, Direksi dan segenap
                                     korporasi;                                         corporation;                              karyawan Bank Raya. Beragam hal
                                b.   Bertindak dengan jujur dan dengan            b.    Act honestly and with a high standard     penting yang diatur dalam Code
                                     integritas berstandar tinggi;                      of integrity;                             of Conduct menjadi acuan bagi
                                c.   Bersikap independen dan bertindak                                                            segenap karyawan dalam
                                     berdasarkan informasi yang lengkap,          c.    Be independent and act based on           menerapkan GCG di semua tingkat
                                     dengan itikad baik, dengan uji tuntas              complete information, in good faith,      atau jenjang organisasi Bank Raya.
                                     dan kehati-hatian;                                 with due diligence and prudence; ■        Terdapat 13 (elemen) Kode Etik
                                d.   Mematuhi peraturan perundang-                d.    Comply with laws and regulations          Bank yang terakhir kali ditetapkan
                                     undangan yang berlaku bagi                         that apply to the corporation and         melalui SK Direksi pada 5 April 2024.
                                     korporasi dan operasinya;                          its operations;                           Elemen-elemen penting yang
                                e.   Menghindari tindakan yang                    e.    Avoiding actions that violate laws        dimaksud antara lain antara lain
                                     melanggar peraturan perundang-                     and regulations or unethical actions      terkait mencakup poin a-k yang
                                     undangan atau tindakan yang tidak                  based on corporate ethics guidelines;     dimaksud tersebut.
                                     etis berdasarkan pedoman etika
                                     korporasi;                                                                                   Applied:
                                f.   Tidak terlibat atau berpartisipasi           f.   Not involved or participating in any ■           This Annual Report includes a
                                     dalam kegiatan apa pun yang akan                  activities that will create a conflict           comprehensive explanation of the
                                     menimbulkan benturan kepentingan                  of interest with the best interests of           Code of Conduct, specifically in the
                                     dengan kepentingan terbaik                        the corporation or which will have               GCG Chapter and the Code of
                                     korporasi atau yang akan                          a negative impact on the reputation              Conduct Section. The Code applies
                                     berdampak negatif terhadap                        of the corporation;                              to the Board of Commissioners,
                                     reputasi korporasi;                                                                                Directors, and all employees of Bank
                                g.   Tidak mengambil manfaat atas                 g.   Do not take advantage of property                Raya. It outlines various essential
                                     properti atau informasi yang dimiliki             or information owned by the                      matters that serve as guidelines for
                                     korporasi, kepemilikan aset lainnya               corporation, ownership of other                  all employees in practicing Good
                                     atau pelanggannya untuk                           assets or its customers for personal             Corporate Governance (GCG) at
                                     kepentingan pribadi atau yang                     gain or which causes harm to the                 every level of the Bank Raya
                                     menyebabkan kerugian bagi                         corporation and its customers.                   organization.
                                     korporasi dan pelanggannya.                                                                  ■     The Bank's Code of Ethics consists
                                h.   Tidak memanfaatkan jabatannya                h.   Does not take advantage of the                   of 13 key elements, which were last
                                     atau peluang yang dihasilkan oleh                 position or opportunities generated              updated by a resolution from the
                                     jabatannya untuk kepentingan pribadi;             by the position for personal gain;               Board of Directors on April 5, 2024.
                                i.   Menghindari perbuatan meminta                i.   Avoiding the act of asking for or                These important elements
                                     atau menerima dari pihak ketiga                   receiving from third parties’                    encompass items a through k, among
                                     pembayaran, gratifikasi atau                      payments, gratuities, or other benefits          others.
                                     keuntungan lain untuk dirinya sendiri             for themselves or for other people
                                     atau untuk orang lain yang                        that will lead to conflicts of interest/
                                     menimbulkan benturan                              provide benefits to third parties by
                                     kepentingan/ memberikan                           violating the laws and regulations;
                                     keuntungan kepada pihak ketiga
                                     secara melanggar peraturan
                                     perundang-undangan;
                                j.   Menghormati perbedaan pendapat               j.   Respect differences of opinion and
                                     dan hak-haksetiap anggota Direksi,                the rights of each member of the
                                     Dewan Komisaris, dan karyawan;
                                                                                       Board of Directors, Board of
                                                                                       Commissioners and employees;
                                k.   Memastikan pengungkapan yang                 k.   Ensuring full, fair, accurate, timely,
                                     lengkap, adil, akurat, tepat waktu,               and understandable disclosure in
                                     dan dapat dipahami dalam laporan                  reports and documents submitted
                                     dan dokumen yang disampaikan                      by the corporation to regulators and
                                     korporasi kepada regulator dan                    in other public communications;
                                     dalam komunikasi publik lainnya;




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      Analisis dan Pembahasan Manajemen                         Tata Kelola Perusahaan                              Laporan Keberlanjutan                       Laporan Keuangan Audit
      Management Discussion and Analysis                        Good Corporate Governance                           Sustainability Report                       Audited Financial Report




                                                                        Perilaku Etis dan Bertanggung jawab
                                                                          Ethical and Responsible Conduct

                              4.1.2   Direksi menetapkan kebijakan dan praktik 4.1.2                The Board of Directors establishes policies   Diterapkan:
                                      anti pencucian uang dan pendanaan                             and practices on anti-money laundering        Kebijakan terkait antikorupsi dan antifraud
                                      terorisme, anti suap, antikorupsi,                            and financing of terrorism, anti-bribery,     Bank Raya telah diungkapkan di laporan
                                      antikecurangan (antifraud), keterlibatan                      anti-corruption, anti-fraud, political        tahunan ini di bagian Kebijakan
                                      dalam politik dengan mengacu pada                             involvement with reference to the national    Pendukung Penerapan Tata Kelola
                                      standar nasional atau internasional                           or international standards regarding anti-    Perusahaan yang Baik lainnya. Selain itu,
                                      mengenai anti pencucian uang, anti suap,                      money laundering, anti-bribery, anti-         sejalan dengan kebijakan regulator, Bank
                                      antikorupsi, antikecurangan atau standar                      corruption, anti-fraud or other related       Raya telah memiliki dan menerapkan
                                      terkait lainnya.                                              standards.                                    ketentuan internal tentang Penerapan
                                                                                                                                                  Program Anti Pencucian Uang (APU),
                                                                                                                                                  Pencegahan Pendanaan Terorisme (PPT),
                                                                                                                                                  dan Pencegahan Pendanaan Proliferasi
                                                                                                                                                  Senjata Pemusnah Massal (PPPSPM) yang
                                                                                                                                                  telah dijelaskan di Laporan Tahunan ini.

                                                                                                                                                  Applied:
                                                                                                                                                  In this Annual Report, Bank Raya's policies
                                                                                                                                                  on anti-corruption and anti-fraud have
                                                                                                                                                  been presented under the section titled
                                                                                                                                                  "Other Supporting Policies on the
                                                                                                                                                  Implementation of Good Corporate
                                                                                                                                                  Governance. " Furthermore, Bank Raya
                                                                                                                                                  has established and applied internal
                                                                                                                                                  regulations, in accordance with regulatory
                                                                                                                                                  policies, programs pertaining to Anti-
                                                                                                                                                  Money Laundering (AML), Prevention of
                                                                                                                                                  Financing of Terrorism (PPT), and
                                                                                                                                                  Prevention of Financing of Proliferation
                                                                                                                                                  of Weapons of Mass Destruction (PPPSPM).
                                                                                                                                                  These regulations have been detailed in
                                                                                                                                                  this Annual Report.
4.2   Nilai-nilai dan Budaya 4.2.1    K o r p o r a s i m e n g a r t i k u l a s i k a n , 4.2.1   The corporation articulates, fosters, and Diterapkan:
      Organisasi                      menumbuhkan dan mengungkapkan                                 discloses corporate culture and values    Bank Raya telah memiliki budaya
      Corporate Values and            budaya dan nilai-nilai korporasi                                                                        perusahaan sebagaimana dijelaskan di
      Culture                                                                                                                                 Bab Profil Perusahaan dan telah menjadi
                                                                                                                                              bagian yang melekat dari kegiatan
                                                                                                                                              operasional sehari-hari. Budaya
                                                                                                                                              Perusahaan tersebut terakhir kali
                                                                                                                                              ditetapkan melalui SK Direksi tahun 2022.

                                                                                                                                                  Applied:
                                                                                                                                                  Bank Raya possesses a corporate culture,
                                                                                                                                                  as detailed in the Company Profile section,
                                                                                                                                                  which has become an essential
                                                                                                                                                  component of its daily operational
                                                                                                                                                  activities. This corporate culture was most
                                                                                                                                                  recently instituted by a resolution of the
                                                                                                                                                  Board of Directors in 2022.
4.3   P e n e g a k a n d a n 4.3.1   Pedoman perilaku dan kode etik korporasi 4.3.1                The corporate code of conduct and code        Diterapkan
      Komunikasi Pedoman              dikomunikasikan secara efektif kepada                         of ethics are communicated effectively        Sosialisasi Code of Conduct telah dilakukan
      Etika, Nilai-nilai dan          Direksi, Dewan Komisaris, serta seluruh                       to the Board of Directors, Board of           ke manajemen dan seluruh karyawan serta
      Budaya                          karyawan, diintegrasikan ke dalam strategi                    Commissioners and all employees,              ketentuan untuk menandatangani kode
      Enforcement and                 dan operasi korporasi termasuk sistem                         integrated into corporate strategy and        etik tersebut minimal sekali dalam setahun.
      Communication of the            manajemen risiko dan struktur remunerasi,                     operations, including risk management
      Code of Ethics, Values,         serta ditegakkan.                                             system and remuneration structure, as         Applied
      and Culture                                                                                   well as being enforced.                       The Code of Conduct has been
                                                                                                                                                  communicated to both management and
                                                                                                                                                  all employees, who are also required to
                                                                                                                                                  sign the Code of Ethics annually.

                                                           Manajemen Risiko, Pengendalian Internal dan Kepatuhan
                                                             Risk Management, Internal Control, and Compliance

5.1   Pengendalian Internal 5.1.1     Direksi melakukan reviu secara berkala 5.1.1                  The Board of Directors periodically reviews   Diterapkan
      dan Kepatuhan                   atas ketepatan desain dan efektivitas                         the accuracy of designs and operational       Dewan Komisaris dan Direksi berperan
      Internal Control and            operasional sistem governansi,                                effectiveness of the governance system,       aktif dalam mengkaji pengendalian internal
      Compliance                      pengelolaan risiko, pengendalian internal                     risk management, internal control, and        antara lain melalui rapat-rapat dengan
                                      dan kepatuhan korporasi dan melaporkan                        corporate compliance and reports the          IAU. Dilakukan pula penilaian atas
                                      pelaksanaan dan hasil reviu kepada para                       implementation and results of the review      kecukupan implementasi fungsi kepatuhan
                                      pemegang saham melalui laporan                                to shareholders through the annual report     Bank yang disampaikan kepada OJK
                                      tahunan Korporasi.                                            of the                                        sebagaimana dijelaskan di bab GCG.
                                                                                                    Corporation.
                                                                                                                                                  Applied
                                                                                                                                                  The Board of Commissioners and the Board
                                                                                                                                                  of Directors are actively involved in reviewing
                                                                                                                                                  internal controls, including through meetings
                                                                                                                                                  with IAU. Additionally, an assessment of the
                                                                                                                                                  effectiveness of the Bank's compliance
                                                                                                                                                  function is conducted and submitted to the
                                                                                                                                                  OJK, as detailed in the GCG chapter.




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      Performance Highlights                      Management Report                       Company Profile                               Overview of Business Support Units




                                                       Manajemen Risiko, Pengendalian Internal dan Kepatuhan
                                                         Risk Management, Internal Control, and Compliance

5.2   Manajemen Risiko        5.2.1   Strategi dan risiko merupakan satu 5.2.1        Strategy and risk is a unity, disclosed in a Diterapkan
      Risk Management                 kesatuan, diungkapkan secara transparan,        transparent manner, included in the ■               Rapat gabungan anatar Dewan
                                      masuk ke dalam pelaksanaan tugas dan            implementation of the duties and                    Komisaris dan Direksi menjelaskan
                                      tanggung jawab Direksi dan Dewan                responsibilities of the Board of Directors          sejumlah aspek strategis Bank
                                      Komisaris, serta dalam diskusi di rapat         and the Board of Commissioners, as well             termasuk terkait dengan strategi
                                      Dewan Komisaris dan Direksi.                    as in discussions at the meetings of the            untuk mencapai KPI Corporate dan
                                                                                      Board of Commissioners and Board of                 pengelolaan risiko.
                                                                                      Directors.                                    ■     Pelaksanaan tugas Komite Pemantau
                              5.2.2   Komite Pemantau Manajemen Risiko 5.2.2          The Risk Management Oversight                       Risiko telah diuraiakan secara rinci
                                      membantu pelaksanaan tugas Dewan                Committee assists the implementation                pada bagian Komite Dewan Komisaris
                                      Komisaris dengan menciptakan                    of the duties of the Board of Commissioners         di bab GCG.
                                      mekanisme yang transparan, fokus, dan           by creating a transparent, focused, and
                                      independen dalam pengawasan                     independent mechanism for oversight of Applied
                                      manajemen risiko korporasi.                     corporate risk management.             ■    During the joint meeting of the Board
                                                                                                                                          of Commissioners and the Board of
                                                                                                                                          Directors, several strategic aspects
                                                                                                                                          of the Bank were discussed, focusing
                                                                                                                                          on strategies to meet corporate KPIs
                                                                                                                                          and enhance risk management.
                                                                                                                                    ■     Additionally, the responsibilities of the
                                                                                                                                          Risk Monitoring Committee are
                                                                                                                                          elaborately outlined in the section
                                                                                                                                          titled "Committee of the Board of
                                                                                                                                          Commissioners," found in the "GCG"
                                                                                                                                          chapter.
5.3   Integrasi Governansi,   5.3.1   Direksi membangun sistem governansi, 5.3.1      The Board of Directors establishes an Diterapkan
      Manajemen Risiko, dan           manajemen risiko, dan kepatuhan (GRC)           integrated governance, risk management ■            Direksi menjalin komunikasi yang
      Kepatuhan                       yang terintegrasi, dengan menangani             and compliance (GRC) system, by                     baik dengan Dewan Komisaris yang
      Integration        of           berbagai ketidakpastian secara terpadu          handling various uncertainties in an                didukung oleh organ pendukung di
      Governance, Risk                dan dengan integritas yang tinggi, untuk        integrated manner and with high integrity,          bawahnya sebagai upaya
      Management,                     meyakinkan bahwa korporasi dapat                to ensure that the corporation can achieve          menerapkan GCG disemua lapisan
      and Compliance                  mencapai tujuannya.                             its objectives.                                     organisasi.
                              5.3.2   Direksi memastikan bahwa bagian yang 5.3.2      The Board of Directors ensures that the ■           Direktur Kepatuhan telah memenuhi
                                      membawahi fungsi kepatuhan tidak                divisionin charge of the compliance                 ketentuan POJK khususnya terkait
                                      merangkap melaksanakan fungsi yang              function does not concurrently carry out            independensi dengan tidak
                                      berpotensi menimbulkan benturan                 functions that have the potential to cause          membawakan fungsi yang diatur
                                      kepentingan.                                    a conflict of interest.                             dalam POJK.


                                                                                                                                    Applied
                                                                                                                                    ■     The Board of Directors fosters
                                                                                                                                          effective communication with the
                                                                                                                                          Board of Commissioners, aided by
                                                                                                                                          its supporting bodies, to ensure the
                                                                                                                                          implementation of Good Corporate
                                                                                                                                          Governance (GCG) throughout all
                                                                                                                                          levels of the organization.
                                                                                                                                    ■     Additionally, the Compliance Director
                                                                                                                                          adheres to the regulations set forth
                                                                                                                                          by POJK, particularly in maintaining
                                                                                                                                          independence by refraining from
                                                                                                                                          undertaking functions that are
                                                                                                                                          regulated under OJK provisions.
5.4   Audit Internal          5.4.1   Dewan Komisaris melalui Komite Audit 5.4.1      The Board of Commissioners through the Diterapkan
      Internal Audit                  memantau dan memastikan bahwa                   Audit Committee oversees and ensures ■            Pelaksanaan tugas Komite Audit
                                      fungsi audit internal membantu korporasi        that the internal audit function assists the      untuk memastikan fungsi audit telah
                                      untuk mencapai tujuannya dengan                 corporation in achieving its goals through        berjalan dengan baik telah
                                      membawa pendekatan yang objektif                an objective and disciplined approach             diungkapkan di bagian Komite
                                      dan disiplin untuk mengevaluasi dan             in order to evaluate and improve the              Dewan Komisaris dari bab GCG.
                                      meningkatkan efektivitas manajemen              effectiveness of risk management, internal
                                      risiko, pengendalian internal, dan              control, and corporate governance.           Applied
                                      governansi korporat.                                                                         ■    The responsibilities of the Audit
                                                                                                                                        Committee, aimed at ensuring the
                                                                                                                                        effective operation of the audit
                                                                                                                                        function, are outlined in the
                                                                                                                                        "Committees of the Board of
                                                                                                                                        Commissioners" section of the GCG
                                                                                                                                        chapter.




492 PT Bank Raya Indonesia Tbk
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      Management Discussion and Analysis                  Good Corporate Governance                    Sustainability Report                    Audited Financial Report




                                                                  Pengungkapan dan Transparansi
                                                                    Disclosure and Transparency

6.1   Kebijakan              6.1.1   Korporasi memiliki kebijakan dan prosedur 6.1.1   The corporation has disclosure and Diterapkan
      Pengungkapan                   pengungkapan dan transparansi yang                transparency policies and procedures ■      Bank Raya telah melakukan
      Policy on Disclosure           memastikan pengungkapan informasi                 that ensure the disclosure of material      keterbukaan informasi yang disajikan
                                     material dan menjaga informasi sensitif           information and safeguard sensitive         melalui website Bank Raya, situs BEI,
                                     serta rahasia korporasi.                          information as well as corporate secrets.   dan situs KSEI yang dapat diakses
                                                                                                                                   oleh semua pemegang saham dan
                             6.1.2   Hak pemegang saham untuk memperoleh 6.1.2         Shareholders’ right to obtain regularly     pemangku kepentingan setiap saat.
                                     secara teratur dan tepat waktu informasi          and timely relevant material information
                                     material yang relevan tentang korporasi           regarding the corporation must be met. Applied
                                     harus dipenuhi.                                                                                 ■   Bank Raya has provided disclosures
                                                                                                                                         through its website, the IDX website,
                                                                                                                                         and the KSEI website, ensuring that
                                                                                                                                         all shareholders and stakeholders
                                                                                                                                         can access this information at any
                                                                                                                                         time.
6.2   Laporan Keuangan dan 6.2.1     Korporasi mengungkapkan sistem dan 6.2.1          The corporation discloses systems and Diterapkan
      Keberlanjutan                  prosedur untuk memastikan bahwa                   procedures to ensure that interim financial ■ Penyajian laporan keuangan interim
      Financial and                  laporan keuangan interim yang tidak               reports that are not materially audited or    comply dengan standard akutansi
      Sustainability Reports         diaudit atau direviu oleh auditor eksternal       reviewed by external auditors are             dan ketentuan OJK. Peran Komite
                                     secara material adalah akurat, lengkap,           accurate, complete, and provide investors     Audit dalam proses audit yang
                                     dan memberikan investor informasi yang            with the right information to make the        dilakukan akuntan publik
                                     tepat untuk membuat keputusan investasi           right investment decisions.                   diungkapkan di laporan tahunan
                                     yang tepat.                                                                                     ini untuk memastikan kualitas
                                                                                                                                     laporan keuangan auditan.
                             6.2.2   Komite Audit memastikan kualitas audit 6.2.2      The Audit Committee ensures the quality ■     Penyajian laporan tahunan dan
                                     laporan keuangan yang dilaksanakan                of audits on financial report carried out     laporan keberlanjutan yang dibuat
                                     oleh auditor eksternal. Kegiatan ini              by external auditors. This activity includes  dalam satu buku berpedoman
                                     termasuk merekomendasikan penunjukan,             recommending the appointment,                 dengan kentuan yang ditetapkan
                                     penunjukan kembali dan, jika perlu,               reappointment and, if necessary, the          oleh OJK dan standard pelaporan
                                     pemberhentian dan remunerasi auditor              termination and remuneration of the           internasional untuk meningkatkan
                                     eksternal.                                        external auditor.                             kualitas pelaporan.
                             6.2.2   Komite Audit memastikan kualitas audit 6.2.2      The Audit Committee ensures the quality Applied
                                     laporan keuangan yang dilaksanakan                of audits on financial report carried out ■  The interim financial reports have
                                     oleh auditor eksternal. Kegiatan ini              by external auditors. This activity includes been prepared in compliance with
                                     termasuk merekomendasikan penunjukan,             recommending the appointment,                accounting standards and OJK
                                     penunjukan kembali dan, jika perlu,               reappointment and, if necessary, the         regulations. This annual report
                                     pemberhentian dan remunerasi auditor              termination and remuneration of the          outlines the Audit Committee’s role
                                     eksternal.                                        external auditor.                            in the auditing process carried out
                                                                                                                                    by the auditors, which serves to
                             6.2.3   Laporan keberlanjutan harus disiapkan 6.2.3       The sustainability report shall be prepared  enhance the integrity of the audited
                                     dan diungkapkan dengan akurat dan                 and disclosed accurately and in              financial reports.
                                     disusun sesuai kerangka pelaporan                 accordance with national or international ■  Additionally, the annual and
                                     keberlanjutan nasional atau internasional.        sustainability reporting frameworks.         sustainability reports are presented
                             6.2.4   Korporasi menerbitkan laporan tahunan 6.2.4       The corporation issues an integrated         in a single booklet, in line with OJK
                                     secara terintegrasi yang menempatkan              annual report that places historical         regulations and international
                                     kinerja historis ke dalam konteks dan             performance into context and describes       reporting standards, to enhance the
                                     menggambarkan risiko, peluang, dan                the risks, opportunities, and prospects of   overall quality of reporting.
                                     prospek korporasi di masa depan,                  the corporation in the future, which will
                                     sehingga membantu pemegang saham                  subsequently assist shareholders and
                                     dan pemangku kepentingan memahami                 stakeholders to understand the strategic
                                     tujuan strategis korporasi dan                    goals of the corporation and its progress
                                     kemajuannya dalam menciptakan nilai               in creating sustainable value.
                                     yang berkelanjutan.
6.3   Diseminasi Informasi 6.3.1     Saluran penyebaran informasi harus 6.3.1          Channels for the dissemination of Diterapkan
      Dissemination of               menyediakan akses yang setara, tepat              information should provide users with ■     Bank Raya sebagai Perusahaan
      Information                    waktu, dan relatif murah untuk informasi          equitable, timely, and relatively           publik yang sahamnya tercatat di
                                     yang relevan bagi pengguna.                       inexpensive access to relevant information. BEI melakukan distribusi informasi
                                                                                                                                   penting melalui website Bank Raya,
                             6.3.2   Korporasi memastikan bahwa pernyataan 6.3.2       The corporation ensures that an annual      situs BEI, dan situs KSEI sehingga
                                     tahunan terhadap penerapan Pedoman                statement on the implementation of the      diharapkan dapat diakses oleh
                                     Umum Governansi Korporat Indonesia,               Indonesian General Guidelines for           pemegang saham dan berbagai
                                     termasuk penjelasan atas penerapan                Corporate Governance, including an          pemangku kepentingan.
                                     atas masing-masing Rekomendasi dan                explanation on the implementation of
                                     Panduan tersedia di situs web selama              each Recommendation and Guideline Applied
                                     jangka waktu minimal lima tahun.                  is available on the website for a minimum ■ As a public company whose shares
                                                                                       period of five years                        are listed on the IDX, Bank Raya
                             6.3.3   Untuk korporasi yang terdaftar di pasar 6.3.3     For corporations listed on the capital            disseminates important information
                                     modal di yurisdiksi selain yurisdiksi asal,       market in jurisdictions other than the            through Bank Raya's website, BEI
                                     peraturan perundang-undangan atas                 jurisdiction of origin, applicable laws and       website and KSEI website, which
                                     governansi korporat yang berlaku harus            regulations on corporate governance               can be accessed by shareholders
                                     diungkapkan dengan jelas. Dalam hal               must be clearly disclosed. In the case of         and various stakeholders.
                                     cross listing, kriteria dan prosedur cross        cross listing, the criteria and procedures
                                     listing, kriteria dan prosedur untuk              for cross listing, criteria and procedures
                                     mengakui persyaratan listing untuk listing        for recognizing the listing requirements
                                     utama harus transparan dan                        for the primary listing must be transparent
                                     didokumentasikan                                  and documented




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      Performance Highlights                       Management Report                       Company Profile                            Overview of Business Support Units




                                                          Perlindungan terhadap Hak-Hak Pemegang Saham
                                                                 Protection of the Rights of Shareholders

7.1   Hak Pemegang Saham 7.1.1          Korporasi memiliki suatu kebijakan 7.1.1       The corporation has a communication Diterapkan
      Rights of Shareholders            komunikasi yang memfasilitasi dan              policy that facilitates and encourages ■       Penyelenggara RUPS, paparan
                                        mendorong partisipasi pemegang saham           shareholder or investor participation.         publik, dan investor gathering serta
                                        atau investor.                                                                                penyajian informasi di situs Bank
                                                                                                                                      Raya diharapkan mampu
                               7.1.2    Korporasi yang merupakan entitas induk 7.1.2   Corporations that are parent entities ensure   meningkatkan partisipasi pemegang
                                        memastikan bahwa kebijakan governansi          that their corporate governance policies       saham dan investor.
                                        korporatnya berlaku bagi entitas anak          apply to subsidiaries and entities under ■     Implementasi GCG dilakukan secara
                                        dan entitas sepengendali yang di               common control in which their investment       menyeluruh. Selain itu, Bank Raya
                                        dalamnya investasi korporasi adalah            is significant.                                telah memiliki ketentuan terkait aksi
                                        signifikan.                                                                                   korporasi dan pelaporannya yang
                               7.1.3    Korporasi memiliki aturan dan prosedur 7.1.3   Corporations have rules and procedures         disampaikan kepada OJK dan Bursa
                                        yang mengatur akuisisi, pengambilalihan,       that govern acquisitions, takeovers, and       Efek Indonesia.
                                        dan transaksi luar biasa seperti merger        extraordinary transactions, such as mergers
                                        dan penjualan aset korporasi yang              and sales of substantial corporate assets Applied
                                        substansial untuk memastikan transaksi         to ensure the transactions occur in a ■        The organizers of the GMS, along
                                        terjadi secara transparan dan dalam            transparent manner and under reasonable        with public exposure initiatives and
                                        kondisi yang wajar dan melindungi hak-         conditions as well as protecting the rights    investor meetings, aim to boost
                                        hak semua pemegang saham sesuai                of all shareholders according to class.        shareholder and investor
                                        dengan kelasnya.                                                                              participation. Furthermore, the
                                                                                                                                      implementation of Good Corporate
                                                                                                                                      Governance (GCG) is thorough and
                                                                                                                                      extensive.
                                                                                                                                    ■ Bank Raya is also committed to
                                                                                                                                      adhering to regulations regarding
                                                                                                                                      corporate actions and their reporting
                                                                                                                                      to both the OJK and the Indonesia
                                                                                                                                      Stock Exchange.
7.2   P e r l a k u a n A d i l 7.2.1   Korporasi memiliki aturan dan prosedur 7.2.1   Corporations have rules and procedures Diterapkan
      Terhadap Pemegang                 yang memastikan a). semua pemegang             that ensure a). all shareholders of the ■       Kebijakan penyelenggaraan RUPS
      Saham                             saham dari seri yang sama dalam satu           same series in one class of shares must         yang transparan dan memenuhi
      Fair Treatment of                 kelas saham harus diperlakukan setara,         be treated equally, b). disclosure of said      ketentuan regulator serta
      Shareholders                      b). pengungkapan aturan dan prosedur           rules and procedures, as well as disclosure     penyediaan akses informasi penting
                                        tersebut serta pengungkapan struktur           of capital structure and arrangements           oleh semua pemegang saham
                                        modal dan pengaturan yang                      that allow certain shareholders to gain         melalui website Bank Raya, situs
                                        memungkinkan pemegang saham                    influence or control that is disproportionate   BEI, dan situs KSEI adalah contoh
                                        tertentu memperoleh pengaruh atau              to their share ownership.                       perlakuan setara bagi pemegang
                                        kendali yang tidak proporsional dengan                                                         saham.
                                        kepemilikan sahamnya                                                                         ■ Keterbukaan informasi terkait
                                                                                                                                       transaksi pihak berelasi disajikan di
                               7.2.2    Korporasi memiliki aturan dan prosedur 7.2.2   The corporation has rules and procedures        laporan tahunan ini dan catatan
                                        yang memastikan transaksi pihak berelasi       that ensure related party transactions are      laporan keuangan auditan.
                                        disetujui dan dilaksanakan sedemikian          approved and carried out in such a way ■        Kebijakan untuk mencegah
                                        rupa yang dapat meyakinkan bahwa               as to ensure that conflicts of interest are     terjadinya insider trading telah diatur
                                        benturan kepentingan telah dikelola            properly managed, and protect the               dalam SE Direksi yang terakhir kali
                                        dengan tepat, dan melindungi                   interests of the corporation and                diterbitkan pada tahun dan telah
                                        kepentingan korporasi dan pemegang             shareholders.                                   diungkapkan dalam Laporan
                                        saham.                                                                                         Tahunan ini.
                               7.2.3    Korporasi memiliki dan mengungkapkan 7.2.3     The corporation has established and Applied
                                        kebijakan untuk mencegah terjadinya            discloses policies to prevent insider trading. ■ The policy of ensuring a transparent
                                        insider trading. Korporasi memiliki aturan     The corporation has clear rules regarding        and compliant governance
                                        yang jelas mengenai perdagangan apa            any trading in corporate shares carried          management system (GMS)
                                        pun dalam saham korporasi yang                 out by Directors, Commissioners, and             emphasizes equal treatment for all
                                        dilakukan oleh Direktur, Komisaris dan         insiders to ensure that no one can benefit       shareholders by facilitating access
                                        orang dalam untuk memastikan bahwa             directly or indirectly from information that     to essential information through the
                                        siapa pun tidak boleh mendapatkan              is not/not yet available on the market.          Bank Raya website, the IDX website,
                                        keuntungan secara langsung atau tidak                                                           and the KSEI website.
                                        langsung dari informasi yang tidak/belum                                                      ■ Additionally, information regarding
                                        tersedia di pasar.                                                                              related party transactions is included
                                                                                                                                        in this Annual Report and the
                                                                                                                                        accompanying audited financial
                                                                                                                                        statements.
                                                                                                                                      ■ To further uphold integrity, the Board
                                                                                                                                        of Directors has established a policy
                                                                                                                                        to prevent insider trading, which is
                                                                                                                                        detailed in the most recent circular
                                                                                                                                        and is also disclosed within this Annual
                                                                                                                                        Report.




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      Management Discussion and Analysis             Good Corporate Governance                  Sustainability Report                    Audited Financial Report




                                                    Perlindungan terhadap Hak-Hak Pemegang Saham
                                                           Protection of the Rights of Shareholders

7.3   Rapat       U m u m 7.3.1   Korporasi melakukan panggilan RUPS 7.3.1       The corporation implement the notice for Diterapkan
      Pemegang Saham              dengan agenda dan materi RUPS                  GMS with the agenda and materials for the ■    Bank Raya menyajikan informasi
      General Meeting of          selengkap dan sedini mungkin (paling           GMS as completely and as early as possible     terkait kronologi penyelenggaraan
      Shareholders                lambat 28 hari sebelum RUPS) untuk             (no later than 28 days prior to the GMS) to    RUPS tahun 2025 dan 2024 beserta
                                  memberikan waktu dan materi yang               provide sufficient time and material for       realiasi penyelenggaraan RUPS
                                  cukup bagi pemegang saham untuk                shareholders to properly study the meeting     yang mendukung partisipasi aktif
                                  mempelajari dengan baik agenda rapat.          agenda. Meeting invitations and all GMS        pemegang saham dengan tetap
                                  Undangan rapat dan seluruh informasi           information are disclosed through electronic   comply dengan peraturan yang
                                  RUPS diungkapkan melalui sarana                means, such as through the corporate           berlaku melalui penyajian informasi
                                  elektronik seperti melalui situs web           website.                                       terkait risalah RUPS di website Bank
                                  korporasi.                                                                                    Raya dan laporan tahunan ini.
                                                                                                                              ■ Transparansi dan akuntabilitas
                          7.3.2   Korporasi memiliki dan mengungkapkan 7.3.2     The corporation has established and            auditor eksternal dilakukan oleh
                                  aturan dan prosedur yang memfasilitasi         disclosed rules and procedures that            Bank Raya dengan berpedoman
                                  pemegang saham dalam berpartisipasi            facilitate shareholders to participate and     pada Bank Raya dalam melakukan
                                  dan memberikan suara secara efektif di         vote effectively at the GMS.                   penunjukan Akuntan Publik
                                  RUPS.                                                                                         berpedoman kepada POJK No. 9
                          7.3.3   Pemegang saham berpartisipasi efektif 7.3.3    Shareholders participate effectively to        Tahun 2023.
                                  dalam menetapkan penunjukan anggota            determine the appointment of members
                                  Direksi dan Dewan Komisaris.                   of the Board of Directors and Board of Applied
                                                                                 Commissioners.                               ■ Bank Raya provides an overview
                                                                                                                                concerning the chronology of the
                          7.3.4   Korporasi memastikan transparansi dan 7.3.4    The corporation ensures the transparency       implementation of the Annual
                                  akuntabilitas auditor eksternal di RUPS.       and accountability of the external auditor     General Meeting of Shareholders
                                                                                 at the GMS.                                    (GMS) for the years 2025 and 2024,
                                                                                                                                along with the actual outcomes of
                          7.3.5   Penyampaian hasil pemungutan suara 7.3.5       Submission of voting results and a
                                                                                                                                the GMS proceedings. This initiative
                                  dan ringkasan risalah RUPS secara lengkap      complete summary of the minutes of the
                                                                                                                                aims to foster the active participation
                                  diumumkan ke publik pada hari kerja            GMS will be announced to the public on
                                                                                                                                of shareholders while adhering to
                                  berikutnya                                     the following working day.
                                                                                                                                the applicable regulations. Relevant
                                                                                                                                information, including the minutes
                                                                                                                                from the GMS, is made accessible
                                                                                                                                on Bank Raya's official website and
                                                                                                                                within this Annual Report.
                                                                                                                              ■ Furthermore, Bank Raya ensures
                                                                                                                                transparency and accountability in
                                                                                                                                the engagement of external auditors
                                                                                                                                by adhering to the stipulations
                                                                                                                                outlined in POJK No. 9 of 2023
                                                                                                                                regarding the appointment of public
                                                                                                                                auditors.

                                                      Penghargaan terhadap Pemangku Kepentingan
                                                              Appreciation for Stakeholders

8.1   Keterlibatan        8.1.1   Korporasi melalui Sekretaris Bank Raya 8.1.1   The corporation through the Corporate Diterapkan
      Pemangku                    melaksanakan komunikasi yang regular,          Secretary carries out regular, transparent, ■ Laporan keberlanjutan sebagai
      Kepentingan Kunci           transparan dan efektif dengan pemangku         and effective communication with key          bagian dari laporan tahunan ini
      Stakeholder                 kepentingan kunci serta melibatkan             stakeholders as well as involves them to      menyajikan informasi antara lain
      engagement                  mereka untuk memahami harapan dan              understand their hopes and complaints         terkait partisipasi aktif Bank Raya
                                  keluhan mereka serta dampak korporasi          as well as the impact of the corporation      terhadap beragam pemangku
                                  terhadap mereka.                               on them.                                      kepentingan dan melibatkannya
                                                                                                                               dalam kegiatan yang diinisasi oleh
                                                                                                                               Bank Raya dan memberikan dampak
                                                                                                                               positif terhadap mereka.

                                                                                                                             Applied
                                                                                                                             ■    The Sustainability Report, a
                                                                                                                                  component of this Annual Report,
                                                                                                                                  presents comprehensive information
                                                                                                                                  regarding Bank Raya's active
                                                                                                                                  engagement with diverse
                                                                                                                                  stakeholders and their participation
                                                                                                                                  in initiatives launched by Bank Raya
                                                                                                                                  which yield beneficial outcomes for
                                                                                                                                  them.




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                                                          Penghargaan terhadap Pemangku Kepentingan
                                                                  Appreciation for Stakeholders

8.2   Integrasi Keberlanjutan 8.2.1   Dewan Komisaris bersama-sama dengan 8.2.1       The Board of Commissioners together with Diterapkan
      dalam Model Bisnis              Direksi bertanggung jawab, akuntabel            the Board of Directors are responsible, ■       Bank Raya telah menunjuk Divisi
      Integration of                  dan transparan atas governansi                  accountable and transparent for sustainability  Enterprise Risk Management yang
      Sustainability in               keberlanjutan, termasuk menetapkan              governance, including in terms of establishing  bertanggungjawab atas
      Business Models                 strategi, prioritas, dan target keberlanjutan   corporate sustainability strategies, priorities implementasi strategi keberlanjutan
                                      korporasi. Direksi dan Dewan Komisaris          and targets. The Board of Directors and         dalam seluruh aspek operasional
                                      memasukkan pertimbangan keberlanjutan           Board of Commissioners incorporate              perbankan. Divisi tersebut bekerja
                                      ketika menjalankan perannya, termasuk           sustainability considerations when carrying     sama dengan berbagai divisi terkait
                                      antara lain dalam pengembangan dan              out their roles, including by developing and    sebagaimana diatur dalam SK
                                      implementasi strategi korporasi, rencana        implementing corporate strategies, business     Direksi tentang Penetapan Tim
                                      bisnis, rencana aksi utama dan                  plans, main action plans, and risk              Khusus Rencana Aksi Keuangan
                                      manajemen risiko.                               management.                                     Berkelanjutan (RAKB).
                                                                                                                                Applied
                                                                                                                                ■    Bank Raya has instituted an Enterprise
                                                                                                                                     Risk Management Division tasked
                                                                                                                                     with the implementation of
                                                                                                                                     sustainability strategies across all
                                                                                                                                     facets of its banking operations. This
                                                                                                                                     division collaborates with various
                                                                                                                                     pertinent departments, in
                                                                                                                                     accordance with the Board of
                                                                                                                                     Directors' Resolution concerning the
                                                                                                                                     formation of a Special Team
                                                                                                                                     dedicated to the Sustainable
                                                                                                                                     Financial Action Plan (RAKB).
8.3   Perlindungan            8.3.1   Direksi memastikan dan mengungkapkan 8.3.1      The Board of Directors ensures and Diterapkan
      terhadap                        bahwa operasi korporasi mencerminkan            discloses that corporate operations reflect ■ SE Direksi tentang Pedoman
      Pemangku                        penerapan standar etika, tanggung jawab         the application of high standards of ethics,  Pelaksanaan terkait Kerangka Acuan
      Kepentingan                     sosial dan lingkungan yang tinggi di            social and environmental responsibility       Strategi Keberlanjutan tahun 2024
      Protection for                  seluruh korporasi dan memastikan bahwa          throughout the corporation and ensures        menjadi dasar untuk implementasi
      Stakeholders                    kebijakan dan prosedur yang tepat               that appropriate policies and procedures      strategi keberlanjutan yang
                                      diterapkan untuk menghormati serta              are implemented to respect and comply         terintegrasi dengan prinsip ESG
                                      mematuhi hak-hak pemangku                       with the rights of stakeholders.              dalam rangka menciptakan nilai
                                      kepentingan.                                                                                  jangka Panjang bagi semua
                                                                                                                                    stakeholders.
                              8.3.2   Direksi mendorong karyawan bekerja 8.3.2        The Board of Directors encourages ■           Partisipasi aktif karyawan ditunjukkan
                                      untuk kepentingan jangka panjang                employees to work for the long-term           sebagaimana yang dilaporkan di
                                      korporasi dan mengedepankan                     interests of the corporation and prioritizes  laporan keberlanjutan.
                                      keberlanjutan.                                  sustainability
                                                                                                                                Applied
                                                                                                                                ■    The Circular issued by the Board of
                                                                                                                                     Directors concerning the
                                                                                                                                     Implementation Guidelines for the
                                                                                                                                     Sustainability Strategy Reference
                                                                                                                                     Framework 2024 serves as the
                                                                                                                                     foundational document for executing
                                                                                                                                     a sustainability strategy that is
                                                                                                                                     intrinsically aligned with Environmental,
                                                                                                                                     Social, and Governance (ESG)
                                                                                                                                     principles, thereby fostering long-term
                                                                                                                                     value for all stakeholders.
                                                                                                                                ■    Furthermore, the active engagement
                                                                                                                                     of employees is evidenced in the
                                                                                                                                     findings presented in the
                                                                                                                                     Sustainability Report.




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 Penerapan Asean Corporate Governance Scorecards
 Implementation of Asean Corporate Governance Scorecards

             Prinsip                                                                                                                                          Halaman
                                                     Kriteria                                           Criteria
            Principle                                                                                                                                          Page

A:    Hak dan Perlakuan yang Adil terhadap Pemegang Saham
      Rights and Equitable Treatment of Shareholders
A.1     Hak-Hak Dasar Pemegang A.1.1       Bank Raya melakukan pembagian A.1.1              Does Bank Raya pay (interim and final/           Tidak melakukan pembayaran dividen
        Saham                              dividen (interim dan final/tahunan) secara       annual) dividends in an equitable and            mengacu kepada ketentuan yang berlaku.
        Basic Shareholder Rights           adil dan tepat waktu, yaitu seluruh              timely manner; that is, all shareholders are     Bab MDNA (hal. 235)
                                           pemegang saham diperlakukan sama                 treated equally and paid within 30 days
                                           dan dividen dibayarkan dalam kurun               after being (i) declared for interim dividends   The decision to forgo dividend payments
                                           waktu 30 hari sejak (i) pengumuman               and (ii) approved by shareholders at             is guided by the relevant provisions outlined
                                           dividen interim dan (ii) Rapat Umum              general meetings for final dividends? In         in MDNA Chapter (pp. 235).
                                           Pemegang Saham Tahunan (RUPST)                   case Bank Raya has offered Scrip dividend,
                                           menyetujui pembagian dividen final               did Bank Raya paid the dividend within
                                                                                            60 days.
A.2     Hak untuk berpartisipasi A.2.1     Hak untuk berpartisipasi secara efektif A.2.1    Do shareholders have the opportunity,            Penyelenggaraan RUPS (Bab GCG, hal.
        secara efektif dan                 dan memberikan suara dalam rapat                 evidenced by an agenda item, to                  287-304) menjelaskan bagian tersebut.
        memberikan suara dalam             umum pemegang saham dan harus                    approve remuneration (fees, allowances,          Kehadiran Dewan Komisaris dan Direksi
        rapat umum pemegang                diberitahu tentang peraturan, termasuk           benefit-in-kind and other emoluments)            dalam RUPS (hal. 312-327).
        saham dan harus diberitahu         prosedur pemungutan suara, yang                  or any increases in remuneration for the
        tentang peraturan, termasuk        mengatur rapat umum pemegang saham.              non-executive directors/commissioners?           The implementation of the GMS as detailed
        prosedur pemungutan                                                                                                                  in Chapter GCG (pages 287-304), clarifies
        suara, yang mengatur rapat A.2.2   Apakah Bank Raya memberikan hak A.2.2            Does Bank Raya provide non-controlling           this section. It also addresses the presence
        umum pemegang saham                kepada pemegang saham non-                       shareholders a right to nominate                 of the board of commissioners and directors
                                           pengendali untuk mencalonkan kandidat            candidates for board of directors/               at the GMS (312-327).
        Right to participate               direksi/komisaris?                               commissioners?
        effectively in and vote in
        general shareholder A.2.3          Apakah Bank Raya mengizinkan A.2.3               Does Bank Raya allow shareholders to
        meetings and should be             pemegang saham untuk memilih direktur/           elect directors/commissioners
        informed of the rules,             komisaris secara individu?                       individually?
        including voting
        procedures, that govern A.2.4      Apakah Bank Raya mengungkapkan A.2.4             Does Bank Raya disclose the voting
        general shareholder                prosedur pemungutan suara yang                   procedures used before the start of
        meetings                           digunakan sebelum dimulainya rapat?              meeting?

                                  A.2.5    Apakah notulen RUPST terakhir mencatat A.2.5     Do the minutes of the most recent AGM
                                           bahwa para pemegang saham diberi                 record that the shareholders were given
                                           kesempatan untuk mengajukan                      the opportunity to ask questions and the
                                           pertanyaan dan pertanyaan yang diajukan          questions raised by shareholders and
                                           oleh para pemegang saham dan jawaban             answers given recorded?
                                           yang diberikan dicatat?

                                  A.2.6    Apakah Bank Raya mengungkapkan A.2.6             Does Bank Raya disclose the voting
                                           hasil pemungutan suara termasuk suara            results including approving, dissenting,
                                           setuju, tidak setuju, dan abstain untuk          and abstaining votes for all resolutions/
                                           semua resolusi/tiap mata acara RUPST             each agenda item for the most recent
                                           terakhir?                                        AGM?

                                  A.2.7    Apakah Bank Raya mengungkapkan A.2.7             Does Bank Raya disclose the list of board
                                           daftar anggota dewan yang menghadiri             members who attended the most recent
                                           RUPST terakhir?                                  AGM?

                                  A.2.8    Apakah Bank Raya mengungkapkan A.2.8             Does Bank Raya disclose that all board
                                           bahwa semua anggota dewan dan CEO                members and the CEO (if he is not a
                                           (jika dia bukan anggota dewan)                   board member) attended the most recent
                                           menghadiri RUPST terakhir?                       AGM?

                                  A.2.9    Apakah Bank Raya mengizinkan A.2.9               Does Bank Raya allow voting in absentia?
                                           pemungutan suara secara in absentia?

                                  A.2.10   Apakah Bank Raya melakukan A.2.10                Did Bank Raya vote by poll (as opposed
                                           pemungutan suara melalui jajak                   to by show of hands) for all resolutions
                                           pendapat (bukan dengan                           at the most recent AGM?
                                           mengacungkan tangan) untuk semua
                                           resolusi pada RUPST terakhir?

                                  A.2.11   Apakah Bank Raya mengungkapkan A.2.11            Does Bank Raya disclose that it has
                                           bahwa Bank Raya telah menunjuk pihak             appointed an independent party
                                           independen (pengawas/pemeriksa)                  (scrutineers/inspectors) to count and/or
                                           untuk menghitung dan/atau memvalidasi            validate the votes at the AGM?
                                           suara pada RUPST?

                                  A.2.12   Apakah Bank Raya menyediakan kepada A.2.12       Does Bank Raya make publicly available
                                           publik pada hari kerja berikutnya hasil          by the next working day the result of the
                                           pemungutan suara yang diambil dalam              votes taken during the most recent AGM/
                                           RUPST/RUPSLB terakhir untuk semua                EGM for all resolutions?
                                           resolusi?

                                  A.2.13   Apakah Bank Raya memberikan A.2.13               Does Bank Raya provide at least 21-day
                                           pemberitahuan setidaknya 21 hari                 notice for all AGMs and EGMs?
                                           sebelumnya untuk semua RUPST dan
                                           RUPSLB?




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            Prinsip                                                                                                                                               Halaman
                                                           Kriteria                                            Criteria
           Principle                                                                                                                                               Page

                                      A.2.14   Apakah Bank Raya memberikan alasan A.2.14            Does Bank Raya provide the rationale
                                               dan penjelasan untuk setiap mata acara               and explanation for each agenda item
                                               yang memerlukan persetujuan pemegang                 which require shareholders’ approval in
                                               saham dalam pemberitahuan RUPST/                     the notice of AGM/circulars and/or the
                                               surat edaran dan/atau pernyataan yang                accompanying statement?
                                               menyertainya?

                                      A.2.15   Apakah Bank Raya memberikan A.2.15                   Does Bank Raya give the opportunity
                                               kesempatan kepada pemegang saham                     for shareholders to place item/s on the
                                               untuk memasukkan item-item dalam                     agenda of general meetings and/or to
                                               agenda rapat umum dan/atau meminta                   request for general meetings subject to
                                               rapat umum dengan persentase tertentu?               a certain percentage?


A.3   Pasar untuk kontrol Bank A.3.1           Dalam kasus merger, akuisisi dan/atau A.3.1          In cases of mergers, acquisitions and/        Tidak melakukan aksi korporasi yang
      Raya harus diizinkan untuk               pengambilalihan yang memerlukan                      or takeovers requiring shareholders'          dimaksud pada tahun 2025, (Bab MDNA,
      berfungsi dengan cara                    persetujuan pemegang saham, apakah                   approval, does the board of directors/        hal. 237).
      yang efisien dan                         direksi/komisaris Bank Raya menunjuk                 commissioners of Bank Raya appoint            No corporate action in 2025 (MDNA
      transparan                               pihak independen untuk mengevaluasi                  an independent party to evaluate the          chapter, p. 237).
                                               kewajaran harga transaksi?                           fairness of the transaction price?
      Markets for corporate control
      should be allowed to
      function in an efficient and
      transparent manner
A.4   P e l a k s a n a a n h a k A.4.1        Apakah Bank Raya mengungkapkan A.4.1                 Does Bank Raya disclose its practices to      ■    Penyelenggaraan RUPS tahun 2025
      kepemilikan oleh semua                   praktik-praktiknya untuk mendorong                   encourage shareholders to engage with              (Bab GCG, hal. 287-304)
      pemegang saham,                          para pemegang saham untuk terlibat                   Bank Raya beyond general meetings?            ■    Penyediaan akses Informasi dan
      termasuk investor                        dengan Bank Raya di luar rapat umum?                                                                    data Perusahaan yang dapat diakses
      institusional, harus difasilitasi                                                                                                                setiap saat (hal. 451-454).

      The exercise of ownership                                                                                                                   ■    Holding the 2025 GMS (GCG section,
      rights by all shareholders,                                                                                                                      pp. 287-304)
      including institutional                                                                                                                     ■    Provide ready access to corporate
      investors, should be                                                                                                                             information and data (pp. 451-454).
      facilitated
A.5   Saham dan hak suara             A.5.1    Jika Bank Raya memiliki lebih dari satu A.5.1        Where Bank Raya has more than one             ■    Bank Raya hanya memiliki 1 (satu)
      Shares and voting rights                 kelas saham, apakah Bank Raya                        class of shares, does Bank Raya publicise          kelas saham. (Bab Profil Perusahaan,
                                               mempublikasikan hak suara yang                       the voting rights attached to each class           hal. 138)
                                               melekat pada setiap kelas saham                      of shares (e.g., through Bank Raya website    ■    Hak suara dijelaskan di
                                               (misalnya, melalui situs web Bank Raya/              / reports/ the stock exchange/ the                 penyelenggaraan RUPS (Bab GCG,
                                               laporan/bursa efek/situs web regulator)?             regulator's website)?                              hal. 137) selain di website bagian
                                                                                                                                                       investor relation.

                                                                                                                                                  ■    Bank Raya has only 1 (one) class of
                                                                                                                                                       shares. (Company Profile Chapter,
                                                                                                                                                       page 138)
                                                                                                                                                  ■    Voting rights are explained in the
                                                                                                                                                       implementation of the GCG (GCG
                                                                                                                                                       Chapter, pages 137) in addition to
                                                                                                                                                       the Investor Relations section of the
                                                                                                                                                       website.
A.6   Pemberitahuan Rapat A.6.1                Apakah setiap resolusi yang diajukan A.6.1           Does each of the resolutions tabled at        Penyelenggaraan RUPS (Bab GCG, hal.
      Umum Pemegang Saham                      dalam rapat umum tahunan terakhir                    the most recent annual general meeting        287-304) menjelaskan bagian tersebut.
      Tahunan                                  hanya membahas satu mata acara saja,                 deal with only one item, i.e., there is no    Kehadiran Dewan Komisaris dan Direksi
      Notice of AGM                            dengan kata lain, tidak ada                          bundling of several items into the same       dalam RUPS (hal. 312-327).
                                               penggabungan beberapa mata acara                     resolution?
                                               ke dalam satu resolusi yang sama?                                                                  The implementation of the GMS as detailed
                                                                                                                                                  in Chapter GCG (pages 287-304), clarifies
                                      A.6.2    Apakah pemberitahuan RUPST/sirkular A.6.2            Are Bank Raya's notice of the most recent     this section. It also addresses the presence
                                               terbaru Bank Raya sepenuhnya                         AGM/circulars fully translated into English   of the board of commissioners and directors
                                               diterjemahkan ke dalam bahasa Inggris                and published on the same date as the         at the GMS (pages 312-327).
                                               dan diterbitkan pada tanggal yang sama               local-language version?
                                               dengan versi bahasa lokal?

                                      A.6.3    Apakah pemberitahuan RUPST/sirkuler A.6.3            Does the notice of AGM/circulars have
                                               memiliki rincian sebagai berikut:                    the following details:

                                      A.6.4    Apakah profil direktur/komisaris (setidaknya A.6.4   Are the profiles of directors/commissioners
                                               usia, kualifikasi akademis, tanggal                  (at least age, academic qualification,
                                               pengangkatan pertama, pengalaman,                    date of first appointment, experience,
                                               dan jabatan direktur di Bank Raya terbuka            and directorships in other listed
                                               lainnya) yang akan mencalonkan diri untuk            companies) in seeking election/re-
                                               dipilih/dipilih kembali telah dicantumkan?           election included?

                                      A.6.5    Apakah auditor yang mengajukan A.6.5                 Are the auditors seeking appointment/
                                               penunjukan/penunjukan kembali                        re-appointment clearly identified?
                                               diidentifikasi dengan jelas?                         Were the proxy documents made easily
                                               Apakah dokumen kuasa tersedia dengan                 available?
                                               mudah?




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             Prinsip                                                                                                                                        Halaman
                                                      Kriteria                                          Criteria
            Principle                                                                                                                                        Page

A.7     Perdagangan orang A.7.1            Apakah direktur/komisaris diwajibkan A.7.1        Are the directors/commissioners required      Transparansi Informasi Terkait Dewan
        dalam dan perdagangan              untuk melaporkan transaksi mereka                 to report their dealings in company shares    Komisaris dan Direksi (hal. 345-346).
        sendiri yang kejam harus           dalam saham Bank Raya dalam waktu                 within 3 business days?                       Transparency of information about the Board
        dilarang                           3 hari kerja?                                                                                   of Commissioners and Directors (p. 345-346).

        Insider trading and
        abusive self-dealing
        should be prohibited
A.8     Transaksi pihak terkait A.8.1      Apakah Bank Raya memiliki kebijakan A.8.1         Does Bank Raya have a policy requiring        Tugas dan tanggung jawab Dewan
        oleh direktur dan eksekutif        yang mewajibkan komite yang terdiri               a committee of independent directors/         Komisaris dan Direksi, (bab GCG hal. 307
        kunci                              dari direktur/komisaris independen untuk          commissioners to review material RPTs         dan 321-322)
        Related party transactions         meninjau RPT yang bersifat material               to determine whether they are in the          Duties and responsibilities of the Board of
        by directors and key               untuk menentukan apakah RPT tersebut              best interests of Bank Raya and               Commissioners and Directors (GCG
        executives                         sesuai dengan kepentingan Bank Raya               shareholders?                                 chapter, p. 307 and 321-322)
                                           dan pemegang saham?
                                   A.8.2   Apakah Bank Raya memiliki kebijakan A.8.2         Does Bank Raya have a policy requiring        Aspek transparansi dari Dewan Komisaris
                                           yang mengharuskan anggota dewan                   board members (directors/                     (bab GCG, hal. 306) dan Direksi (hal. 321).
                                           (direktur/komisaris) untuk tidak                  commissioners) to abstain from                Transparency aspects of the Board of
                                           berpartisipasi dalam diskusi dewan                participating in the board discussion on      Commissioners (GCG chapter, pp. 306)
                                           mengenai agenda tertentu ketika mereka            a particular agenda when they are             and the Board of Directors (p. 321).
                                           memiliki konflik kepentingan?                     conflicted?
                                   A.8.3   Apakah Bank Raya memiliki kebijakan A.8.3         Does Bank Raya have policies on loans         Board Manual Dewan Komisaris (bab
                                           tentang pinjaman kepada direktur dan              to directors and commissioners either         GCG, hal. 305) dan Direksi (hal. 320).
                                           komisaris yang melarang praktik ini atau          forbidding this practice or ensuring that     Board Manual for the Board of
                                           memastikan bahwa pinjaman tersebut                they are being conducted at arm's length      Commissioners (GCG chapter, p. 305)
                                           dilakukan atas dasar kewajaran dan                basis and at market rates?                    and the Board of Directors (p. 320).
                                           dengan harga pasar?
A.9     Melindungi pemegang A.9.1          Apakah Bank Raya mengungkapkan A.9.1              Does Bank Raya disclose that RPTs are         Transaksi dengan pihak afiliasi (Bab MDNA,
        saham minoritas dari               bahwa RPT dilakukan sedemikian rupa               conducted in such a way to ensure that        hal. 238-239)
        tindakan-tindakan yang             untuk memastikan bahwa mereka adil                they are fair and at arms' length?            Related Party Transactions (MDNA chapter,
        tidak semestinya                   dan terbuka?                                                                                    p. 238-239)
        Protecting minority
        shareholders from abusive A.9.2    Dalam hal transaksi pihak terkait yang A.9.2      In case of related party transactions         Kewajaran transakasi dengan afiliasi (Bab
        actions                            memerlukan persetujuan pemegang                   requiring shareholders' approval, is the      MDNA, hal. 240-241)
                                           saham, apakah keputusan diambil oleh              decision made by disinterested                Fairness of transactions with affiliates
                                           pemegang saham yang tidak                         shareholders?                                 (MDNA Chapter, p. 240-241)
                                           berkepentingan?
C: Sustainability and Resilience
C.1     Pengungkapan terkait C.1.1         Informasi material terkait Keberlanjutan C.1.1    Material Sustainability-related information   Daftar Topik Material (Bab Laporan
        keberlanjutan harus                harus disebutkan secara spesifik                  should be specified                           Keberlanjutan, hal. 518)
        konsisten, dapat                   Apakah Bank Raya mengidentifikasi/                                                              List of Material Topic (Sustainability Report
        dibandingkan, dan dapat            melaporkan topik-topik ESG yang penting                                                         Chapter, p. 518)
        diandalkan, serta                  bagi strategi organisasi?
        mencakup informasi
        material retrospektif dan C.1.2    Apakah Bank Raya mengidentifikasi C.1.2           Does Bank Raya identify/report ESG            Kebijakan Tentang Pertumbuhan
        berwawasan ke depan                perubahan iklim sebagai sebuah isu?               topics that are material to the               Berkelanjutan (Bab Laporan Keberlanjutan,
        yang dianggap penting                                                                organization’s strategy?                      hal 548)
        oleh investor yang masuk                                                                                                           Policy on Sustainable Growth (Sustainability
        akal dalam membuat                                                                                                                 Report Chapter, p. 548)
        keputusan investasi atau C.1.3     Apakah Bank Raya mengadopsi C.1.3                 Does Bank Raya identify climate change        Ya, Bank mengadopsi kerangka kerja atau
        pengambilan suara.                 kerangka kerja atau standar pelaporan             as an issue?                                  standar pelaporan yang diakui secara
                                           yang diakui secara internasional untuk                                                          internasional yakni GRI Standards 2021,
                                           keberlanjutan (misalnya, GRI, Pelaporan                                                         sebagaimana diungkapkan pada Tentang
                                           Terpadu, SASB, Standar Pengungkapan                                                             Laporan Keberlanjutan (Bab Laporan
                                           Keberlanjutan IFRS)?                                                                            Keberlanjutan, hal. 516)
                                                                                                                                           Yes, Bank adopts an internationally
                                                                                                                                           recognized reporting framework of GRI
                                                                                                                                           Standards 2021, as disclosed in About the
                                                                                                                                           Sustainability Report (Sustainability Report
                                                                                                                                           Chapter, p. 516)
                                   C.1.4   Apakah Bank Raya mengungkapkan C.1.4              Does Bank Raya adopt an internationally       Ya, sebagaimana diungkapkan dalam
                                           target keberlanjutan kuantitatif?                 recognized reporting framework or             Rencana Aksi Keuangan Berkelanjutan
                                                                                             standard for sustainability (i.e., GRI,       (Bab Laporan Keberlanjutan, hal. 528-534)
                                                                                             Integrated Reporting, SASB, IFRS              Yes, as disclosed in Sustainable Finance
                                                                                             Sustainability Disclosure Standards)?         Actin Plan (Sustainability Report Chapter,
                                                                                                                                           p. 528-534)
                                   C.1.5   Apakah Bank Raya mengkonfirmasi bahwa C.1.5       Does Bank Raya disclose quantitative          Ya, sebagaimana diungkapkan dalam
                                           Laporan Keberlanjutan/Pelaporannya                sustainability target?                        Rencana Aksi Keuangan Berkelanjutan
                                           ditinjau dan/atau disetujui oleh Dewan                                                          (Bab Laporan Keberlanjutan, hal. 517)
                                           atau Komite Dewan?                                                                              Yes, as disclosed in Sustainable Finance
                                                                                                                                           Actin Plan (Sustainability Report Chapter,
                                                                                                                                           p. 517)




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           Principle                                                                                                                              Page

      Sustainability-related C.1.6       Apakah Bank Raya mengkonfirmasi C.1.6      Does Bank Raya confirm that its             Ya, sebagaimana diungkapkan pada
      disclosure should be               bahwa Laporan Keberlanjutan/               Sustainability Report / Reporting is        Tentang Laporan Keberlanjutan (Bab
      consistent, comparable,            Pelaporannya ditinjau dan/atau disetujui   reviewed and /or approved by the Board      Laporan Keberlanjutan, hal. 517)
      and reliable, and include          oleh Dewan atau Komite Dewan?              or Board Committee?                         Yes, as disclosed in About the Sustainability
      retrospective and forward-                                                                                                Report (Sustainability Report Chapter, p.
      looking material                                                                                                          517)
      information that a
      reasonable investor would
      consider important in
      making an investment or
      voting decision.
C.2   Kerangka kerja tata kelola C.2.1   Apakah Bank Raya melibatkan C.2.1          Does Bank Raya engage internal              Ya, sebagaimana diungkapkan pada
      Bank Raya harus                    pemangku kepentingan internal untuk        stakeholders to exchange views and          Keterlibatan Pemangku Kepentingan (Bab
      memungkinkan dialog                bertukar pandangan dan mengumpulkan        gather feedback on sustainability matters   Laporan Keberlanjutan, hal. 541)
      antara Bank Raya,                  umpan balik mengenai hal-hal               that are material to the business of Bank   Yes, as disclosed in Stakeholder
      pemegang saham, dan                keberlanjutan yang penting bagi bisnis     Raya?                                       Engagement (Sustainability Report Chapter,
      pemangku kepentingan               Bank Raya?                                                                             p. 541)
      untuk bertukar pandangan
      mengenai masalah-masalah C.2.2     Apakah Bank Raya melibatkan C.2.2          Does Bank Raya engage external              Ya, sebagaimana diungkapkan pada
      keberlanjutan                      pemangku kepentingan eksternal untuk       stakeholders to exchange views and          Keterlibatan Pemangku Kepentingan (Bab
                                         bertukar pandangan dan mengumpulkan        gather feedback on sustainability matters   Laporan Keberlanjutan, hal. 541)
      Corporate governance               umpan balik mengenai hal-hal               that are material to the business of Bank   Yes, as disclosed in Stakeholder
      frameworks should allow            keberlanjutan yang penting bagi bisnis     Raya?                                       Engagement (Sustainability Report Chapter,
      for dialogue between a             Bank Raya?                                                                             p. 541)
      company, its shareholders,
      and stakeholders to
      exchange views on
      sustainability matters
C.3   Kerangka kerja tata kelola C.3.1   Apakah Bank Raya mengungkapkan C.3.1       Does Bank Raya disclose that the board      Ya, sebagaimana diungkapkan pada
      Bank Raya harus                    bahwa dewan komisaris dan direksi          reviews on an annual basis that Bank        Penilaian Risiko atas Penerapan Keuangan
      memastikan bahwa Direksi           meninjau setiap tahun apakah struktur      Raya's capital and debt structure is        Berkelanjutan dan Proses untuk Memitigasi
      secara memadai                     modal dan utang Bank Raya sudah            compatible with its strategic goals and     Dampak Negatif (Bab Laporan
      mempertimbangkan risiko            sesuai dengan tujuan strategis Bank        its associated risk appetite?               Keberlanjutan, hal. 539)
      dan peluang keberlanjutan          Raya dan risk appetite yang terkait?                                                   Yes, as disclosed in Risk Assessment on
      yang material ketika                                                                                                      Sustainable Finance Implementation and
      memenuhi fungsi utama                                                                                                     Process to Mitigate Negative Impacts
      mereka dalam meninjau,                                                                                                    (Sustainability Report Chapter, p. 539)
      memantau, dan memandu
      praktik tata kelola,
      pengungkapan informasi,
      strategi, manajemen risiko,
      dan sistem pengendalian
      internal, termasuk
      sehubungan dengan risiko
      fisik dan transisi yang
      berkaitan dengan iklim.

      The corporate governance
      framework should ensure
      that boards adequately
      consider material
      sustainability risks and
      opportunities when fulfilling
      their key functions in
      reviewing, monitoring and
      guiding governance
      practices, disclosure,
      strategy, risk management
      and internal control systems,
      including with respect to
      climate-related physical
      and transition risks




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C.4   Kerangka kerja tata kelola             Apakah Bank Raya mengungkapkan                   Does Bank Raya disclose a policy and
      Bank Raya harus mengakui               kebijakan dan praktik yang membahas:             practices that address:
      hak-hak pemangku
      k e p e n t i n g a n y a n g C.4.1    Keberadaan dan cakupan upaya Bank C.4.1          The existence and scope of Bank Raya's        Ya, sebagaimana diungkapkan pada
      ditetapkan oleh hukum atau             Raya untuk menangani kesejahteraan               efforts to address customers' welfare?        Kebijakan tentang Pengadaan Barang
      melalui kesepakatan                    pelanggan?                                                                                     dan/atau Jasa (Bab Tata Kelola
      bersama dan mendorong                                                                                                                 Perusahaan, hal. 479)
      kerja sama aktif antara Bank                                                                                                          Yes, as disclosed in Policy on Procurement
      Raya dan pemangku                                                                                                                     of Goods and/or Services (Good Corporate
      kepentingan dalam                                                                                                                     Governance Chapter, p. 479)
      menciptakan kekayaan, C.4.2            Prosedur pemilihan pemasok/kontraktor? C.4.2     Supplier/contractor selection procedures?     Ya, sebagaimana diungkapkan pada
      lapangan kerja, dan                                                                                                                   Kebijakan tentang Pengadaan Barang
      keberlanjutan Bank Raya                                                                                                               dan/atau Jasa (Bab Tata Kelola
      yang sehat secara finansial.                                                                                                          Perusahaan, hal. 479)
                                                                                                                                            Yes, as disclosed in Policy on Procurement
      The corporate governance                                                                                                              of Goods and/or Services (Good Corporate
      framework should recognise                                                                                                            Governance Chapter, p. 479)
      the rights of stakeholders
      established by law or C.4.3            Upaya Bank Raya untuk memastikan C.4.3           Bank Raya's efforts to ensure that its        Ya, sebagaimana diungkapkan pada
      through mutual agreements              bahwa rantai nilainya ramah lingkungan           value chain is environmentally friendly       Strategi Keberlanjutan (Bab Laporan
      and encourage active                   atau konsisten dalam mempromosikan               or is consistent with promoting sustainable   Keberlanjutan, hal. 523)
      cooperation between                    pembangunan berkelanjutan?                       development?                                  Yes, as disclosed in Sustainability Strategy
      corporations and                                                                                                                      (Sustainability Report Chapter, p. 523)
      stakeholders in creating
      wealth, jobs, and the C.4.4            Upaya Bank Raya untuk berinteraksi C.4.4         Bank Raya's efforts to interact with the      Ya, sebagaimana diungkapkan pada
      sustainability of financially          dengan masyarakat di mana mereka                 communities in which they operate?            Dampak Produk dan Jasa Keuangan
      sound enterprises.                     beroperasi?                                                                                    Keberlanjutan (Bab Laporan Keberlanjutan,
                                                                                                                                            hal. 572)
                                                                                                                                            Yes, as disclosed in Impact of Sustainability
                                                                                                                                            Financial Products and Services
                                                                                                                                            (Sustainability Report Chapter, p. 572)
                                     C.4.5   Program dan prosedur anti-korupsi Bank C.4.5     Bank Raya's anti-corruption programmes        Ya, sebagaimana diungkapkan pada
                                             Raya?                                            and procedures?                               Kebijakan Anti Korupsi (Bab Tata Kelola
                                                                                                                                            Perusahaan, hal. 474)
                                                                                                                                            Yes, as disclosed in Anti-Corruption Policy
                                                                                                                                            (Good Corporate Governance Chapter,
                                                                                                                                            p. 474)
                                     C.4.6   Bagaimana hak-hak kreditur dilindungi? C.4.6     How are creditors’ rights safeguarded?        Ya, sebagaimana diungkapkan pada
                                                                                                                                            Kebijakan tentang Perlindungan Hak Kreditur
                                                                                                                                            (Bab Tata Kelola Perusahaan, hal. 479)
                                                                                                                                            Yes, as disclosed in Policy on Protection
                                                                                                                                            of Creditors' Rights (Good Corporate
                                                                                                                                            Governance Chapter, p. 479)
                                     C.4.7   Apakah Bank Raya memiliki laporan/ C.4.7         Does Bank Raya have a separate report/        Ya, sebagaimana diungkapkan pada Penilaian
                                             bagian terpisah yang membahas upaya-             section that discusses its efforts on         Risiko atas Penerapan Keuangan Berkelanjutan
                                             upaya Bank Raya dalam isu-isu                    environment/economy and social issues?        dan Proses untuk Memitigasi Dampak Negatif
                                             lingkungan/ekonomi dan sosial                                                                  (Bab Laporan Keberlanjutan, hal. 539)
                                                                                                                                            Yes, as disclosed in Risk Assessment on
                                                                                                                                            Sustainable Finance Implementation and
                                                                                                                                            Process to Mitigate Negative Impacts
                                                                                                                                            (Sustainability Report Chapter, p. 539)
C.5   Ketika kepentingan C.5.1               Apakah Bank Raya menyediakan rincian C.5.1       Does Bank Raya provide contact details        Ya, sebagaimana diungkapkan pada
      pemangku kepentingan                   kontak melalui situs web Bank Raya atau          via Bank Raya's website or Annual Report      Pengaduan Nasabah (Bab Laporan
      dilindungi oleh hukum,                 Laporan Tahunan yang dapat digunakan             which stakeholders (e.g., customers,          Keberlanjutan, hal. 573-574)
      pemangku kepentingan                   oleh para pemangku kepentingan                   suppliers, general public etc.) can use       Yes, as disclosed in Customer Complaints
      harus memiliki kesempatan              (misalnya, pelanggan, pemasok,                   to voice their concerns and/or complaints     (Sustainability Report Chapter, p. 573-574)
      untuk mendapatkan ganti                masyarakat umum, dll.) untuk                     for possible violation of their rights?
      rugi yang efektif atas                 menyuarakan keprihatinan dan/atau
      pelanggaran hak-hak                    pengaduan atas kemungkinan
      mereka                                 pelanggaran hak-hak mereka?

      Where stakeholder
      interests are protected by
      law, stakeholders should
      have the opportunity to
      obtain effective redress for
      violation of their rights
C.6   M e k a n i s m e u n t u k C.6.1      Apakah Bank Raya secara eksplisit C.6.1          Does Bank Raya explicitly disclose the        Ya, sebagaimana diungkapkan pada
      partisipasi karyawan harus             mengungkapkan kebijakan dan praktik              policies and practices on health, safety,     Menciptakan Lingkungan Kerja yang
      diizinkan         untuk                kesehatan, keselamatan, dan                      and welfare for its employees?                Aman dan Layak (Bab Laporan
      berkembang                             kesejahteraan karyawannya?                                                                     Keberlanjutan, hal. 564)
                                                                                                                                            Yes, as disclosed in Creating A Safe and
      Mechanisms for employee                                                                                                               Decent Work Environment (Sustainability
      participation should be                                                                                                               Report Chapter, p. 564)
      permitted to develop
                                     C.6.2   Apakah Bank Raya secara eksplisit C.6.2          Does Bank Raya explicitly disclose the        Ya, sebagaimana diungkapkan pada
                                             mengungkapkan kebijakan dan praktik-             policies and practices on training and        Pelatihan dan Pendidikan (Bab Laporan
                                             praktik program pelatihan dan                    development programmes for its                Keberlanjutan, hal. 565)
                                             pengembangan bagi karyawannya?                   employees?                                    Yes, as disclosed in Training and Education
                                                                                                                                            (Sustainability Report Chapter, p. 565)
                                     C.6.3   Apakah Bank Raya memiliki kebijakan C.6.3        Does Bank Raya have a reward/                 Ya, sebagaimana diungkapkan pada
                                             penghargaan/kompensasi yang                      compensation policy that accounts for         Kebijakan Remunerasi, Proses Penetapan,
                                             memperhitungkan kinerja Bank Raya di             the performance of Bank Raya beyond           dan Rasio Kompensasi (Bab Tata Kelola
                                             luar ukuran keuangan jangka pendek?              short-term financial measures?                Perusahaan, hal. 538)
                                                                                                                                            Yes, as disclosed in Remuneration Policies,
                                                                                                                                            Determination Process, and Compensation
                                                                                                                                            Ratio (Good Corporate Governance
                                                                                                                                            Chapter, p. 538)


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C.7      Pemangku kepentingan C.7.1             Apakah Bank Raya memiliki kebijakan C.7.1      Does Bank Raya have a whistle blowing       Ya, sebagaimana diungkapkan pada
         termasuk karyawan                      whistle blowing yang mencakup prosedur         policy which includes procedures for        Sistem Pelaporan Pelanggaran (Bab Tata
         perorangan dan badan                   pengaduan oleh karyawan dan                    complaints by employees and other           Kelola Perusahaan, hal. 446)
         perwakilan mereka, harus               pemangku kepentingan lainnya                   stakeholders concerning alleged illegal     Yes, as disclosed in Whistleblowing System
         dapat secara bebas                     mengenai dugaan perilaku ilegal dan            and unethical behaviour and provide         (Good Corporate Governance Chapter,
         mengkomunikasikan                      tidak etis dan memberikan rincian kontak       contact details via Bank Raya's website     p. 446)
         keprihatinan mereka                    melalui situs web Bank Raya atau laporan       or annual report
         tentang praktik ilegal atau            tahunan?
         tidak etis kepada dewan
         dan hak-hak mereka tidak C.7.2         Apakah Bank Raya memiliki kebijakan C.7.2      Does Bank Raya have a policy or             Ya, sebagaimana diungkapkan pada
         boleh dikompromikan untuk              atau prosedur untuk melindungi                 procedures to protect an employee/          Sistem Pelaporan Pelanggaran (Bab Tata
         melakukan hal ini                      karyawan/orang yang mengungkapkan              person who reveals alleged illegal/         Kelola Perusahaan, hal. 446)
                                                dugaan perilaku ilegal/tidak etis dari         unethical behaviour from retaliation?       Yes, as disclosed in Whistleblowing System
         Stakeholders including                 tindakan pembalasan?                                                                       (Good Corporate Governance Chapter,
         individual employee and                                                                                                           p. 446)
         their representative bodies,
         should be able to freely
         communicate their concerns
         about illegal or unethical
         practices to the board and
         their rights should not be
         compromised for doing this
D:     Pengungkapan dan Transparansi
       Disclosure and Transparency
D.1      Struktur kepemilikan yang D.1.1        Apakah informasi mengenai kepemilikan D.1.1    Does the information on shareholdings       Penjelasan lengkap terkait kepemilikan
         transparan                             saham mengungkapkan identitas pemilik          reveal the identity of beneficial owners,   saham (Bab Profil Perusahaan, hal. 138-
         Transparent ownership                  manfaat, yang memiliki kepemilikan             holding 5% shareholding or more?            140)
         structure                              saham 5% atau lebih?
                                                                                                                                           A comprehensive overview of share
                                        D.1.2   Apakah Bank Raya mengungkapkan D.1.2           Does Bank Raya disclose the direct and      ownership (Company Profile chapter, pp.
                                                kepemilikan saham langsung dan tidak           indirect (deemed) shareholdings of major    138-140)
                                                langsung (dianggap) dari pemegang              and/or substantial shareholders?
                                                saham utama dan/atau substansial?
                                        D.1.3   Apakah Bank Raya mengungkapkan D.1.3           Does Bank Raya disclose the direct and
                                                kepemilikan saham langsung dan tidak           indirect (deemed) shareholdings of
                                                langsung (dianggap) dari para direktur         directors (commissioners)?
                                                (komisaris)?
                                        D.1.4   Apakah Bank Raya mengungkapkan D.1.4           Does Bank Raya disclose the direct and
                                                kepemilikan saham langsung dan tidak           indirect (deemed) shareholdings of senior
                                                langsung (dianggap) dari manajemen             management?
                                                senior?
                                        D.1.5   Apakah Bank Raya mengungkapkan D.1.5           Does Bank Raya disclose details of the      Bab Profi Perusahaan (hal. 141-142)
                                                rincian Bank Raya induk/induk, anak            parent/holding company, subsidiaries,       Company profile chapter (pp. 141-142)
                                                Bank Raya, Bank Raya asosiasi, Bank            associates, joint ventures and special
                                                Raya patungan, dan Bank Raya/Bank              purpose enterprises/ vehicles (SPEs)/
                                                Raya dengan tujuan khusus (SPE) atau           (SPVs)?
                                                special purpose vehicle (SPV)?
D.2      Kualitas Laporan Tahunan               Apakah laporan tahunan Bank Raya               Does Bank Raya's annual report disclose
         Quality of Annual Report               mengungkapkan hal-hal berikut:                 the following items:
                                        D.2.1   Tujuan Bank Raya                       D.2.1   Corporate objectives                        Visi dan Misi Bank Raya (Bab Profil
                                                                                                                                           Perusahaan, hal. 93-94)
                                                                                                                                           Bank Raya's Vision and Mission (Company
                                                                                                                                           Profile chapter, page 93-94)
                                        D.2.2   Indikator kinerja keuangan             D.2.2   Financial performance indicators            Bab Ikhtisar Utama (Hal. 38-42)
                                                                                                                                           Performance Highlights Chapter (pp. 38-
                                                                                                                                           42)
                                        D.2.3   Indikator kinerja non-keuangan         D.2.3   Non-financial performance indicators        Bab Ikhtisar Utama (Hal. 42-43)
                                                                                                                                           Performance Highlights Chapter (pp. 42-
                                                                                                                                           43)
                                        D.2.4   Kebijakan dividen                      D.2.4   Dividend policy                             Bab MDNA (Hal. 235)
                                                                                                                                           MDNA Chapter (pp. 235)
                                        D.2.5   Rincian biografi (setidaknya usia, D.2.5       Biographical details (at least age,         Bab Profil Perusahaan (hal. 110-114 dan
                                                kualifikasi akademis, tanggal                  academic qualifications, date of first      115-120)
                                                pengangkatan pertama, pengalaman               appointment, relevant experience, and       Company Profile chapter (pp. 110-114
                                                yang relevan, dan jabatan direktur lainnya     any other directorships of listed           and 115-120)
                                                di Bank Raya terbuka) dari semua               companies) of all directors/commissioners
                                                direktur/komisaris
                                        D.2.6   Pernyataan Konfirmasi Tata Kelola Bank D.2.6   Corporate Governance Confirmation           Penyajian Laporan Tahunan berpedoman
                                                Raya                                           Statement                                   pada ketentuan yang berlaku (hal. 4); dan
                                                Apakah Laporan Tahunan memuat                  Does the Annual Report contain a            Komitmen GCG (Bab GCG, hal. 278)
                                                pernyataan yang mengkonfirmasi                 statement confirming Bank Raya's full
                                                kepatuhan penuh Bank Raya terhadap             compliance with the code of corporate       Presentation of the annual report in
                                                kode tata kelola Bank Raya dan jika            governance and where there is non-          accordance with applicable regulations
                                                terdapat ketidakpatuhan, identifikasi          compliance, identify and explain reasons    (p. 4); and
                                                dan jelaskan alasan untuk setiap masalah       for each such issue?                        GCG Commitment (GCG chapter, p. 278)
                                                tersebut?




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D.3   Remunerasi Anggota D.3.1            Apakah ada pengungkapan struktur D.3.1           Is there disclosure of the fee structure for   Penyajian remunerasi secara lengkap di
      Dewan dan Eksekutif                 biaya untuk direktur/komisaris non-              non-executive directors/commissioners?         bagian Transparansi Informasi Terkait
      Kunci                               eksekutif?                                                                                      Dewan Komisaris dan Direksi (Bab GCG,
      Remuneration of Members                                                                                                             hal. 352-356)
      of the Board and Key D.3.2          Apakah Bank Raya mengungkapkan D.3.2             Does Bank Raya publicly disclose [i.e.,
      Executives                          secara terbuka [yaitu, laporan tahunan           annual report or other publicly disclosed      Complete disclosure of compensation is
                                          atau dokumen lain yang diungkapkan               documents] details of remuneration of          provided in the section titled "Transparency
                                          kepada publik] rincian remunerasi setiap         each non-executive director/                   of Information Concerning the Board of
                                          direktur/komisaris non-eksekutif?                commissioner?                                  Commissioners and Directors," (GCG
                                  D.3.3   Apakah Bank Raya mengungkapkan D.3.3             Does Bank Raya disclose its remuneration       chapter, pp. 352-356).
                                          kebijakan/praktik remunerasi (biaya,             (fees, allowances, benefit-in-kind and
                                          tunjangan, tunjangan natura dan                  other emoluments) policy/practices (i.e.,
                                          emolumen lainnya) untuk direktur                 the use of short term and long term
                                          eksekutif dan CEO (misalnya penggunaan           incentives and performance measures)
                                          insentif jangka pendek dan jangka                for its executive directors and CEO?
                                          panjang serta ukuran kinerja)?
                                  D.3.4   Apakah Bank Raya mengungkapkan D.3.4             Does Bank Raya publicly disclose [i.e.,
                                          kepada publik [yaitu, laporan tahunan            annual report or other publicly disclosed
                                          atau dokumen lain yang diungkapkan               documents] the details of remuneration
                                          kepada publik] rincian remunerasi masing-        of each of the executive directors and
                                          masing direktur eksekutif dan CEO [jika          CEO [if he/she is not a member of the
                                          dia bukan anggota Dewan]?                        Board]?
D.4   Pengungkapan transaksi D.4.1        Apakah Bank Raya mengungkapkan D.4.1             Does Bank Raya disclose its policy             Transaksi berelasi dan kewajaran atas
      pihak-pihak berelasi (RPT)          kebijakannya yang mencakup tinjauan              covering the review and approval of            transaksi tersebut (Bab MDNA, hal. 238-
      Disclosure of related party         dan persetujuan atas RPT yang material?          material RPTs?                                 241) dan catatan laporan keuangan
      transactions (RPT)                                                                                                                  auditan no. 33.
                                  D.4.2   Apakah Bank Raya mengungkapkan D.4.2             Does Bank Raya disclose the name,
                                          nama, hubungan, sifat, dan nilai untuk           relationship, nature and value for each        Related Transactions and Their Fairness
                                          setiap RPT yang material?                        material RPTs?                                 (MDNA Chapter, pages 238-241) as well
                                                                                                                                          as Audited Financial Statement Note No.
                                                                                                                                          33.
D.5   Transaksi direktur dan D.5.1        Apakah Bank Raya mengungkapkan D.5.1             Does Bank Raya disclose trading in Bank        Pengungkapan kepemilikan saham oleh
      komisaris dalam saham               perdagangan saham Bank Raya oleh                 Raya's shares by insiders?                     Dewan Komisaris dan Direksi (Bab Profil
      Bank Raya                           orang dalam?                                                                                    Perusahaan, hal. 139).
      Directors          and
      commissioners dealings                                                                                                              Disclosure of share ownership by the Board
      in shares of Bank Raya                                                                                                              of Commissioners and Directors (Company
                                                                                                                                          Profile Chapter, p. 139).
D.6   Auditor Eksternal dan D.6.1         Apabila Bank Raya audit yang sama D.6.1          Where the same audit firm is engaged           Penyajian informasi tentang Kantor
      Laporan Auditor                     digunakan untuk layanan audit dan                for both audit and non-audit services          Akuntan Publik dan Auditor (Bab GCG,
      External auditor and                non-audit                                                                                       hal. 147)
      Auditor Report
                            D.6.2         Apakah biaya audit dan non-audit D.6.2           Are the audit and non-audit fees               Presentation of information on public
                                          diungkapkan?                                     disclosed?                                     accounting firms and auditors (GCG
                                  D.6.3   Apakah biaya non-audit melebihi biaya D.6.3      Does the non-audit fee exceed the audit        chapter, pp. 147)
                                          audit?                                           fees?
D.7   Media Komunikasi                    Apakah Bank Raya menggunakan mode                Does Bank Raya use the following modes
      M e d i u m           o f           komunikasi berikut ini?                          of communication?
      communications
                                  D.7.1   Pelaporan triwulanan                  D.7.1      Quarterly reporting                            Pelaporan triwulanan disajikan di situs
                                                                                                                                          website Bank Raya dan situs BEI, dan Bab
                                                                                                                                          GCG (hal. 455-457)

                                                                                                                                          Quarterly reports are published on Bank
                                                                                                                                          Raya's website and on the IDX website,
                                                                                                                                          and GCG Chapter (p. 455-457)
                                  D.7.2   Situs web Bank Raya                   D.7.2      Company website                                Website Bank Raya (Bab Profil Perusahaan,
                                                                                                                                          hal. 86 dan Bab GCG, hal. 82)

                                                                                                                                          Bank Raya website (Company profile
                                                                                                                                          chapter, page 86 and GCG chapter, page
                                                                                                                                          82)
                                  D.7.3   Pengarahan analis                     D.7.3      Analyst's briefing                             Pelaksanaan tugas Sekretaris Perusahaan
                                                                                                                                          yang juga membawahi Investor Relation
                                  D.7.4   Pengarahan media/konferensi pers      D.7.4      Media briefings/press conferences              dan Siaran Pers & transparansi informasi
                                                                                                                                          Bank Raya (Bab 405-406 dan 451-460)

                                                                                                                                          Implementation of the duties of the
                                                                                                                                          Corporate Secretary, who also oversees
                                                                                                                                          investor relations and press releases &
                                                                                                                                          transparency of Bank Raya information
                                                                                                                                          (GCG ch. 405-406 and 451-460)




                                                                                                 Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                  Annual Report & Sustainability Report      2025 503
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            Performance Highlights                   Management Report                       Company Profile                              Overview of Business Support Units




              Prinsip                                                                                                                                    Halaman
                                                     Kriteria                                         Criteria
             Principle                                                                                                                                    Page

D.8      Pengajuan/penerbitan D.8.1        Apakah laporan keuangan tahunan D.8.1          Are the audited annual financial report        LK auditan tahun 2025 diterbitkan tanggal
         laporan tahunan/                  yang telah diaudit dirilis dalam waktu         / statement released within 120 days           17 Maret 2026.
         keuangan yang tepat               120 hari sejak akhir tahun keuangan?           from the financial year end?
         waktu                                                                                                                           The Audited Financial Statements for 2025
         Timely filing/release of                                                                                                        were released on March 17, 2026.
         annual/financial reports
                                  D.8.2    Apakah laporan tahunan diterbitkan D.8.2       Is the annual report released within 120       Diterbitkan kurang dari 3 bulan setelah
                                           dalam waktu 120 hari sejak akhir tahun         days from the financial year end?              akhir tahun buku 2025 atau memenuhi
                                           keuangan?                                                                                     ketentuan regulator.

                                                                                                                                         Published less than three months after the
                                                                                                                                         conclusion of the 2025 financial year and
                                                                                                                                         in compliance with regulatory requirements.
                                  D.8.3    Apakah kebenaran dan kewajaran/ D.8.3          Is the true and fairness/fair representation   Disajikan di halaman awal dari Laporan
                                           keadilan dari laporan keuangan tahunan         of the annual financial statement/reports      Keuangan Auditan 2025 yang dilampirkan
                                           ditegaskan oleh Direksi/komisaris dan/         affirmed by the board of directors/            di laporan tahunan ini.
                                           atau pejabat Bank Raya yang relevan?           commissioners and/or the relevant
                                                                                          officers of Bank Raya?                         These statements are featured on the first
                                                                                                                                         page of the 2025 Audited Financial
                                                                                                                                         Statements included in this annual report.
D.9      Situs web Bank Raya               Apakah Bank Raya memiliki situs web            Does Bank Raya have a website                  Informasi untuk pemegang saham dan
         Company website                   yang mengungkapkan informasi terkini           disclosing up-to-date information on the       stakeholders yang memuat beragam
                                           mengenai hal-hal berikut ini:                  following:                                     informasi penting tersebut dapat diakses
                                                                                                                                         melalui
                                  D.9.1    Laporan keuangan/laporan (triwulanan D.9.1     Financial statements/reports (latest           https://bankraya.co.id/corporate/investor-
                                           terbaru)                                       quarterly)                                     relations/detail
                                  D.9.2    Materi yang diberikan dalam pengarahan D.9.2   Materials provided in briefings to analysts
                                           kepada analis dan media                        and media                                      Information for Shareholders and
                                                                                                                                         Stakeholders, which contains a variety of
                                  D.9.3    Laporan tahunan yang dapat diunduh     D.9.3   Downloadable annual report                     important information, is available at
                                                                                                                                         https://bankraya.co.id/corporate/investor-
                                  D.9.4    Pemberitahuan RUPST dan/atau RUPSLB D.9.4      Notice of AGM and/or EGM
                                                                                                                                         relations/detail
                                  D.9.5    Risalah RUPST dan/atau RUPSLB          D.9.5   Minutes of AGM and/or EGM
                                  D.9.6    Konstitusi Bank Raya (anggaran dasar, D.9.6    Company's constitution (company's
                                           memorandum, dan anggaran rumah                 by-laws, memorandum, and articles of
                                           tangga Bank Raya)                              association)
D.10     Hubungan investor        D.10.1   Apakah Bank Raya mengungkapkan D.10.1          Does Bank Raya disclose the contact            Sekretaris Perusahaan & Investor Relation
         Investor relations                rincian kontak (mis. telepon, faks, dan        details (e.g., telephone, fax, and email)      (Bab Profil Perusahaan, hal. 86)
                                           email) dari petugas/kantor yang                of the officer / office responsible for
                                           bertanggung jawab atas hubungan                investor relations?                            Corporate Secretary & Investor Relations
                                           investor?                                                                                     (Corporate Profile section, page 86)
E:     Tugas dan Tanggung Jawab Dewan
       Board Duties and Responsibilities
E.1      Tanggung jawab Direksi E.1.1      Apakah Bank Raya mengungkapkan E.1.1           Does Bank Raya disclose its corporate          Board Manual Dewan Komisaris (Bab
         dan kebijakan tata kelola         kebijakan tata kelola Bank Raya/piagam         governance policy/board charter?               GCG, hal. 305), Board Manual Direksi (hal.
         Bank Raya yang jelas              dewan?                                                                                        320)
         Clearly defined board
         responsibilities and                                                                                                            Board Manual for the Board of
         corporate governance                                                                                                            Commissioners (GCG Chapter, p. 305)
         policy                                                                                                                          and Board Manual for the Board of Directors
                                                                                                                                         (p. 320).
                                  E.1.2    Apakah jenis-jenis keputusan yang E.1.2        Are the types of decisions requiring board     Keputusan yang memerlukan persetujuan
                                           memerlukan persetujuan direksi/komisaris       of directors/commissioners' approval           Dewan Komisaris dan Direksi (Bab GCG,
                                           diungkapkan?                                   disclosed?                                     hal. 307 dan 323).

                                                                                                                                         Decisions that require the approval of the
                                                                                                                                         Board of Commissioners and the Board
                                                                                                                                         of Directors (Chapter of the GCG, pp. 307
                                                                                                                                         and 323).
                                  E.1.3    Apakah peran dan tanggung jawab E.1.3          Are the roles and responsibilities of the      Tugas dan tanggung jawab Dewan
                                           direksi/dewan komisaris dinyatakan             board of directors/commissioners clearly       Komisaris dan Direksi (Bab GCG, hal. 307,
                                           dengan jelas?                                  stated?                                        309-310, dan 321-322, 323-326).

                                                                                                                                         Duties and Responsibilities of the Board of
                                                                                                                                         Commissioners and Directors (GCG chapter,
                                                                                                                                         pp. 307, 309-310; and 321-322, 323-326).




     504 PT Bank Raya Indonesia Tbk
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       Management Discussion and Analysis                Good Corporate Governance                  Sustainability Report                      Audited Financial Report




           Prinsip                                                                                                                                  Halaman
                                              Kriteria                                           Criteria
          Principle                                                                                                                                  Page

                                    Visi/Misi Bank Raya                              Corporate Vision/Mission
                           E.1.4    Apakah Bank Raya memiliki pernyataan E.1.4       Does Bank Raya have an updated vision          Visi dan Misi yang telah diperbarui (Bab
                                    visi dan misi yang diperbarui?                   and mission statement?                         Profil, hal. 93-94)
                                                                                                                                    Updated vision and mission (Profile chapter,
                                                                                                                                    p. 93-94)
                           E.1.5    Apakah direksi memainkan peran utama E.1.5       Does the board of directors play a leading     Peran Dewan Komisaris dalam
                                    dalam proses pengembangan dan                    role in the process of developing and          pengawasan implementasi strategi (Bab
                                    peninjauan strategi Bank Raya setidaknya         reviewing Bank Raya's strategy at least        Laporan Manajemen, hal. 60-61); Peran
                                    setiap tahun?                                    annually?                                      Direksi dalam perumusan strategi (hal.
                                                                                                                                    70)

                                                                                                                                    The role of the Board of Directors in
                                                                                                                                    overseeing the implementation of the
                                                                                                                                    strategy (Management Report chapter,
                                                                                                                                    pages 60-61); The role of the Board of
                                                                                                                                    Directors in formulating the strategy (pages
                                                                                                                                    70)
                           E.1.6    Apakah direksi memiliki proses untuk E.1.6       Does the board of directors have a             Peran Dewan Komisaris dalam
                                    meninjau, memantau, dan mengawasi                process to review, monitor and oversee         pengawasan implementasi strategi (Bab
                                    pelaksanaan strategi Bank Raya?                  the implementation of the corporate            Laporan Manajemen, hal. 60-61); Peran
                                                                                     strategy?                                      Direksi dalam perumusan strategi (hal.
                                                                                                                                    70)

                                                                                                                                    The role of the Board of Directors in
                                                                                                                                    overseeing the implementation of the
                                                                                                                                    strategy (Management Report chapter,
                                                                                                                                    pages 60-61); The role of the Board of
                                                                                                                                    Directors in formulating the strategy (pages
                                                                                                                                    70)
E.2   Struktur Dewan                Kode Etik atau Perilaku                          Code of Ethics or Conduct
      Board structure
                           E.2.1    Apakah rincian kode etik atau perilaku E.2.1     Are the details of the code of ethics or       Pengungkapan kode etik secara lengkap
                                    diungkapkan?                                     conduct disclosed?                             dari kebijakan kode etik, elemen kode
                                                                                                                                    etik, sosialisasi, pernyataan kode etik,
                           E.2.2    Apakah semua direktur/komisaris, E.2.2           Are all directors/commissioners, senior        upaya kepatuhan kode etik (Bab GCG,
                                    manajemen senior dan karyawan                    management and employees required              hal. 442-445)
                                    diwajibkan untuk mematuhi kode etik              to comply with the code/s?
                                    tersebut?                                                                                       Full disclosure of the Code of Ethics from
                           E.2.3    Apakah Bank Raya memiliki proses untuk E.2.3     Does Bank Raya have a process to               the Code of Ethics Policy, Elements of the
                                    menerapkan dan memantau kepatuhan                implement and monitor compliance               Code of Ethics, Socialization, Code of
                                    terhadap kode etik atau perilaku?                with the code/s of ethics or conduct?          Ethics Statement, Code of Ethics
                                                                                                                                    Compliance Efforts (GCG Chapter, pp.
                                                                                                                                    442-445)
                                    Struktur & Komposisi Dewan                       Board Structure & Composition
                           E.2.4    Apakah direktur/komisaris independen E.2.4       Do independent directors/commissioners         ■    Komposisi Dewan Komisaris yang
                                    terdiri dari setidaknya 50% dari direksi/        make up at least 50% of the board of                terdiri dari Non-Indpenden dan
                                    komisaris?                                       directors/commissioners?                            Independen (Bab GCG, hal. 308)
                                                                                                                                    ■    Komposisi Direksi (Bab GCG, hal.
                           E.2.5    Apakah Bank Raya memiliki batas masa E.2.5       Does Bank Raya have a term limit of                 322)
                                    jabatan sembilan tahun atau kurang               nine years or less or 2 terms of five years1   ■    Masa jabatan Dewan Komisaris dan
                                    atau 2 kali masa jabatan masing-masing           each for its independent directors/                 Direksi (Bab GCG, hal. 340);
                                    lima tahun untuk direktur/komisaris              commissioners?                                 ■    Penjelasan masa jabatan Direksi
                                    independen?                                                                                          (Bab GCG, hal. 322)
                           E.2.6    Apakah Bank Raya telah menetapkan E.2.6          Has Bank Raya set a limit of five board
                                    batas lima kursi dewan yang dapat                seats that an individual independent/          ■    Composition of the Board of
                                    dijabat oleh seorang direktur/komisaris          non-executive director/commissioner                 Commissioners Consisting of Non-
                                    independen/non-eksekutif secara                  may hold simultaneously?                            Independent and Independent (GCG
                                    bersamaan?                                                                                           Chapter, pp. 308)
                                                                                                                                    ■    Composition of the Board of Directors
                           E.2.7    Apakah Bank Raya memiliki direktur E.2.7         Does Bank Raya have any executive                   (GCG Chapter, pp. 322)
                                    eksekutif yang menjabat di lebih dari            directors who serve on more than two           ■    Term of office of the Board of
                                    dua direksi di Bank Raya terbuka di luar         boards of listed companies outside of               Commissioners and Directors (GCG
                                    grup?                                            the group?                                          Chapter, pp. 340)
                                                                                                                                    ■    Explanation of the term of office
                                                                                                                                         Board of Director(GCG Chapter, p.
                                                                                                                                         322)
                                    Komite Nominasi                                  Nominating Committee
                           E.2.8    Apakah Bank Raya memiliki Komite E.2.8           Does Bank Raya have a Nominating               Penjelasan lengkap terkait Komite
                                    Nominasi?                                        Committee?                                     Remunerasi dan Nominasi dari aspek
                                                                                                                                    Pedoman Kerja Komite, tugas & tanggung
                           E.2.9    Apakah Komite Nominasi terdiri dari E.2.9        Is the Nominating Committee comprised          jawab, pembagian tugas, masa jabatan,
                                    mayoritas direktur/komisaris independen?         of a majority of independent directors/        komposisi & profil, independensi, rapat
                                                                                     commissioners?                                 dan kehadiran beserta risalah rapat,
                           E.2.10   Apakah ketua Komite Nominasi adalah E.2.10       Is the chairman of the Nominating              pengembangan kompetensi, dan
                                    direktur/komisaris independen?                   Committee an independent director/             pelaksanaan tugas serta penilaian kinerja
                                                                                     commissioner?                                  Komite (Bab GCG, hal. 366-374)

                           E.2.11   Apakah Bank Raya mengungkapkan E.2.11            Does Bank Raya disclose the terms of
                                    kerangka acuan/struktur tata kelola/             reference/ governance structure/charter
                                    piagam Komite Nominasi?                          of the Nominating Committee?




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      Performance Highlights                  Management Report                        Company Profile                           Overview of Business Support Units




        Prinsip                                                                                                                                   Halaman
                                              Kriteria                                         Criteria
       Principle                                                                                                                                   Page

                                    Komite Remunerasi                               Remuneration Committee                      A comprehensive explanation of the
                                                                                                                                Remuneration and Nomination Committee
                           E.2.12   Apakah kehadiran rapat Komite Nominasi E.2.12   Is the meeting attendance of the            is provided, encompassing various aspects
                                    diungkapkan dan jika ya, apakah Komite          Nominating Committee disclosed and          including the Committee's operational
                                    Nominasi bertemu setidaknya dua kali            if so, did the Nominating Committee         guidelines, duties and responsibilities,
                                    dalam setahun?                                  meet at least twice during the year?        division of responsibilities, term of office,
                                                                                                                                composition and profile, standards of
                                                                                                                                independence, meeting protocols and
                                                                                                                                attendance records along with meeting
                                                                                                                                minutes, competency development
                                                                                                                                initiatives, execution of duties, and the
                                                                                                                                evaluation of the Committee's performance,
                                                                                                                                as outlined in the GCG Chapter, pages
                                                                                                                                366 to 374.
                           E.2.13   Apakah Bank Raya memiliki Komite E.2.13         Does Bank Raya have a Remuneration          Penjelasan lengkap terkait Komite
                                    Remunerasi?                                     Committee?                                  Pemantau Risiko dari aspek Pedoman Kerja
                                                                                                                                Komite, tugas & tanggung jawab,
                           E.2.14   Apakah Komite Remunerasi seluruhnya E.2.14      Is the Remuneration Committee               pembagian tugas, masa jabatan, komposisi
                                    terdiri dari direktur/komisaris non-eksekutif   comprised entirely of non-executive         & profil, independensi, rapat dan kehadiran
                                    dengan mayoritas direktur/komisaris             directors/commissioners with a majority     beserta risalah rapat, pengembangan
                                    independen?                                     of independent directors/commissioners?     kompetensi, dan pelaksanaan tugas serta
                           E.2.15   Apakah ketua Komite Remunerasi adalah E.2.15    Apakah ketua Komite Remunerasi adalah       penilaian kinerja Komite (Bab GCG, hal.
                                    direktur/komisaris independen?                  direktur/komisaris independen?              375-384)

                           E.2.16   Apakah Bank Raya mengungkapkan E.2.16           Does Bank Raya disclose the terms of        A comprehensive explanation of the Risk
                                    kerangka acuan/struktur tata kelola/            reference/ governance structure/ charter    Monitoring Committee is provided,
                                    piagam Komite Remunerasi?                       of the Remuneration Committee?              encompassing various aspects including
                                                                                                                                the Committee's operational guidelines,
                           E.2.17   Apakah kehadiran rapat Komite E.2.17            Is the meeting attendance of the
                                                                                                                                duties and responsibilities, division of
                                    Remunerasi diungkapkan dan, jika ya,            Remuneration Committee disclosed and,
                                                                                                                                responsibilities, term of office, composition
                                    apakah Komite Remunerasi mengadakan             if so, did the Remuneration Committee
                                                                                                                                and profile, standards of independence,
                                    rapat setidaknya dua kali dalam setahun?        meet at least twice during the year?
                                                                                                                                meeting protocols and attendance records
                                                                                                                                along with meeting minutes, competency
                                                                                                                                development initiatives, execution of duties,
                                                                                                                                and the evaluation of the Committee's
                                                                                                                                performance, as outlined in the GCG
                                                                                                                                Chapter, pages 375-384
                                    Komite Audit                                    Audit Committee                             Penjelasan lengkap terkait Komite Audit
                                                                                                                                dari aspek Pedoman Kerja Komite, tugas
                           E.2.18   Apakah Bank Raya memiliki Komite E.2.18         Does Bank Raya have an Audit                & tanggung jawab, pembagian tugas,
                                    Audit?                                          Committee?                                  masa jabatan, komposisi & profil,
                                                                                                                                independensi, rapat dan kehadiran beserta
                           E.2.19   Apakah Komite Audit seluruhnya terdiri E.2.19   Is the Audit Committee comprised entirely   risalah rapat, pengembangan kompetensi,
                                    dari direktur/komisaris non-eksekutif           of non-executive directors/commissioners    dan pelaksanaan tugas serta penilaian
                                    dengan mayoritas direktur/komisaris             with a majority of independent directors/   kinerja Komite (Bab GCG, hal. 358-365)
                                    independen?                                     commissioners?
                           E.2.20   Apakah ketua Komite Audit adalah E.2.20         Is the chairman of the Audit Committee      A comprehensive explanation of the Audit
                                    direktur/komisaris independen?                  an independent director/commissioner?       Committee is provided, encompassing
                                                                                                                                various aspects including the Committee's
                           E.2.21   Apakah Bank Raya mengungkapkan E.2.21           Does Bank Raya disclose the terms of        operational guidelines, duties and
                                    kerangka acuan/struktur tata kelola/            reference/governance structure/charter      responsibilities, division of responsibilities,
                                    piagam Komite Audit?                            of the Audit Committee?                     term of office, composition and profile,
                                                                                                                                standards of independence, meeting
                           E.2.22   Apakah setidaknya salah satu direktur/ E.2.22   Does at least one of the independent
                                                                                                                                protocols and attendance records along
                                    komisaris independen komite memiliki            directors/commissioners of the committee
                                                                                                                                with meeting minutes, competency
                                    keahlian akuntansi (kualifikasi atau            have accounting expertise (accounting
                                                                                                                                development initiatives, execution of duties,
                                    pengalaman akuntansi)?                          qualification or experience)?
                                                                                                                                and the evaluation of the Committee's
                           E.2.23   Apakah kehadiran rapat Komite Audit E.2.23      Is the meeting attendance of the Audit      performance, as outlined in the GCG
                                    diungkapkan dan, jika ya, apakah Komite         Committee disclosed and, if so, did the     Chapter, pages 358-365.
                                    Audit mengadakan rapat setidaknya               Audit Committee meet at least four times
                                    empat kali dalam setahun?                       during the year?
                           E.2.24   Apakah Komite Audit memiliki tanggung E.2.24    Does the Audit Committee have primary
                                    jawab utama untuk memberikan                    responsibility for recommendation on
                                    rekomendasi mengenai penunjukan dan             the appointment, and removal of the
                                    pemberhentian auditor eksternal?                external auditor?




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       Management Discussion and Analysis                 Good Corporate Governance                  Sustainability Report                      Audited Financial Report




          Prinsip                                                                                                                                    Halaman
                                               Kriteria                                          Criteria
         Principle                                                                                                                                    Page

E.3   Proses Dewan                  Rapat dan Kehadiran Direksi                       Board Meetings and Attendance                 Ketentuan penyelenggaraan rapat Dewan
      Board Processes                                                                                                               Komisaris (Bab GCG, hal 312)
                           E.3.1    Apakah rapat direksi dijadwalkan E.3.1            Are the board of directors meeting            Penyelenggaraan rapat & kehadiran
                                    sebelum dimulainya tahun keuangan?                scheduled before the start of financial       Dewan Komisaris (Bab GCG, hal 312-313)
                                                                                      year?                                         Guidelines for Conducting Board of
                           E.3.2    Apakah direksi/komisaris mengadakan E.3.2         Does the board of directors/                  Commissioners Meetings (GCG Chapter,
                                    rapat setidaknya enam kali dalam                  commissioners meet at least six times         pp. 312)
                                    setahun?                                          during the year?                              Organization and Attendance for Board
                                                                                                                                    of Commissioners Meetings (GCG Chapter,
                           E.3.3    Apakah setiap direktur/komisaris E.3.3            Has each of the directors/commissioners       p. 312-313)
                                    menghadiri setidaknya 75% dari semua              attended at least 75% of all the board
                                    rapat dewan yang diadakan sepanjang               meetings held during the year?                Ketentuan penyelenggaraan rapat Direksi
                                    tahun?                                                                                          (Bab GCG, hal 327)
                                                                                                                                    Penyelenggaraan rapat & kehadiran
                           E.3.4    Apakah Bank Raya mensyaratkan kuorum E.3.4        Does Bank Raya require a minimum
                                                                                                                                    Direksi (Bab GCG, hal 327-333)
                                    minimal 2/3 untuk pengambilan                     quorum of at least 2/3 for board
                                                                                                                                    Regulations for Conducting Board of
                                    keputusan dewan?                                  decisions?
                                                                                                                                    Directors Meetings (GCG Chapter, p. 327)
                           E.3.5    Apakah direktur/komisaris non-eksekutif E.3.5     Did the non-executive directors/              Organization and Attendance for Board
                                    Bank Raya mengadakan rapat secara                 commissioners of Bank Raya meet               Meetings (GCG Chapter, pp. 327-333)
                                    terpisah setidaknya satu kali dalam               separately at least once during the year
                                    setahun tanpa dihadiri oleh para                  without any executives present?
                                    eksekutif?
                                                                                                                                    Ketentuan penyelenggaraan rapat Dewan
                                                                                                                                    Komisaris dan Direksi – Rapat gabungan
                                                                                                                                    (Bab GCG, hal 346)
                                                                                                                                    Penyelenggaraan rapat & kehadiran rapat
                                                                                                                                    Gabungan (Bab GCG, hal 346-348)
                                                                                                                                    Regulations for Joint Meetings of Board of
                                                                                                                                    Directors and Commissioners (GCG
                                                                                                                                    Chapter, p. 346)
                                                                                                                                    Organization and Attendance for Joint
                                                                                                                                    Meetings (GCG Chapter, p. 346-348)
                                    Akses ke Informasi                                Access to Information
                           E.3.6    Apakah risalah rapat direksi/dewan E.3.6          Are the minutes of the board of directors/    Ketentuan & realisasi risalah rapat:
                                    komisaris diberikan kepada direksi/               committees provided to the board of           Risalah rapat Dewan Komisaris (Bab GCG,
                                    dewan komisaris setidaknya lima hari              directors/committees at least five business   hal. 313)
                                    kerja sebelum rapat direksi/dewan                 days prior to the board of directors/         Risalah rapat Direksi (Bab GCG, hal. 327-333)
                                    komisaris?                                        committee meeting ?                           Risalah rapat Gabungan (Bab GCG, hal.
                                                                                                                                    347-348)

                                                                                                                                    Documentation and Recording of Meeting
                                                                                                                                    Minutes:
                                                                                                                                    Minutes from the Board of Commissioners
                                                                                                                                    Meeting (GCG Chapter, pp. 313)
                                                                                                                                    Minutes from the Board Meeting (GCG
                                                                                                                                    Chapter, pp. 327-333)
                                                                                                                                    Minutes from the Joint Meeting (GCG Chapter,
                                                                                                                                    pp 347-348)
                           E.3.7    Apakah sekretaris Bank Raya memainkan E.3.7       Does Bank Raya secretary play a               Penjelasan terkait tugas & tanggung jawab,
                                    peran penting dalam mendukung dewan               significant role in supporting the board      struktur organisasi, profil, pengembangan
                                    dalam melaksanakan tanggung                       in discharging its responsibilities?          kompetensi, dan pelaksanaan tugas
                                    jawabnya?                                                                                       Sekretaris Perusahaan (Bab GCG, hal.
                                                                                                                                    403-406)
                           E.3.8    Apakah sekretaris Bank Raya terlatih E.3.8        Does Bank Raya secretary play a
                                    dalam bidang hukum, akuntansi, atau               significant role in supporting the board      An overview of the roles and responsibilities,
                                    praktik kesekretariatan Bank Raya dan             in discharging its responsibilities?          organizational structure, profile, competency
                                    selalu mengikuti perkembangan yang                                                              development, and execution of duties for
                                    relevan?                                                                                        the Corporate Secretary (GCG Chapter,
                                                                                                                                    pp. 403-406).




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        Prinsip                                                                                                                                      Halaman
                                              Kriteria                                             Criteria
       Principle                                                                                                                                      Page

                                   Penunjukan dan Pemilihan Ulang Dewan                 Board Appointments and Re-Election
                                   Komisaris dan Direksi
                          E.3.9    Apakah Bank Raya mengungkapkan E.3.9                 Does Bank Raya disclose the criteria        Penjelasan komprehensif terkait kriteria,
                                   kriteria yang digunakan dalam memilih                used in selecting new directors/            mekanisme seleksi dan nominasi, masa
                                   direktur/komisaris baru?                             commissioners?                              jabatan Dewan Komisaris dan Direksi (Bab
                                                                                                                                    GCG, 338-340)
                          E.3.10   Apakah Bank Raya menjelaskan proses E.3.10           Did Bank Raya describe the process
                                   yang diikuti dalam menunjuk direktur/                followed in appointing new directors/       A detailed overview of the criteria, selection
                                   komisaris baru?                                      commissioners?                              and nomination processes, and the terms
                          E.3.11   Apakah semua direktur/komisaris dapat E.3.11         Are all directors/commissioners subject     of office for the Board of Commissioners
                                   dipilih kembali setiap 3 tahun; atau 5               to re-election every 3 years; or 5 years    and Directors (GCG Chapter, pp. 338-340).
                                   tahun untuk Bank Raya yang terdaftar                 for listed companies in countries whose
                                   di negara yang undang-undangnya                      legislation prescribes a term of 5 years
                                   menetapkan masa jabatan 5 tahun?                     each?
                                   Masalah Remunerasi                                   Remuneration Matters
                          E.3.12   Apakah pemegang saham atau Direksi E.3.12            Do the shareholders or the Board of         Akta No. 37 tanggal 25 Juni 2025 (bab
                                   menyetujui remunerasi direktur eksekutif             Directors approve the remuneration of       GCG, hal. 291-292)
                                   dan/atau eksekutif senior?                           the executive directors and/or the senior
                                                                                        executives?                                 Deed No. 37 dated June 25, 2025 (GCG
                                                                                                                                    chapter, page 291-292)
                          E.3.13   Apakah Bank Raya memiliki standar E.3.13             Does Bank Raya have measurable              Penjelasan lengkap terkait remunerasi
                                   yang terukur untuk menyelaraskan                     standards to align the performance-         Dewan Komisaris dan Direksi tantang
                                   remunerasi berbasis kinerja direktur                 based remuneration of the executive         prosedur penetapan, remunerasi, struktur
                                   eksekutif dan eksekutif senior dengan                directors and senior executives with        remunerasi, indikator penetapan,nominal
                                   kepentingan jangka panjang Bank Raya,                long-term interests of Bank Raya, such      dan rasio (Bab GCG, hal. 352-356)
                                   seperti ketentuan claw back dan bonus                as claw back provision and deferred
                                   yang ditangguhkan?                                   bonuses?                                    Full explanation of the remuneration of
                                                                                                                                    the Board of Commissioners and Directors
                                                                                                                                    regarding the determination procedure,
                                                                                                                                    remuneration, remuneration structure,
                                                                                                                                    determination indicators, nominal and
                                                                                                                                    ratio (GCG chapter, pages 352-356)
                                   Audit Internal                                       Internal Audit
                          E.3.14   Apakah Bank Raya memiliki fungsi audit E.3.14        Does Bank Raya have a separate internal     Penjelasan terkait Satuan Kerja Audit
                                   internal yang terpisah?                              audit function?                             Internal terkait dengan piagam audit
                                                                                                                                    internal,tugas dan tanggung jawab, struktur
                          E.3.15   Apakah kepala audit internal diidentifikasi E.3.15   Is the head of internal audit identified    organisasi AI dimana IAU bertanggung
                                   atau, jika dialihdayakan, apakah nama                or, if outsourced, is the name of the       jawab langsung kepada Direktur Utama,
                                   Bank Raya eksternal diungkapkan?                     external firm disclosed?                    profil kepala IAU, sertifikasi profesi, rapat,
                          E.3.16   Apakah penunjukan dan pemberhentian E.3.16           Does the appointment and removal of         ruang lingkup, training dan pelaksanaan
                                   auditor internal memerlukan persetujuan              the internal auditor require the approval   tugas (Bab GCG, 407-414).
                                   Komite Audit?                                        of the Audit Committee?
                                                                                                                                    Explanation regarding the Internal Audit
                                                                                                                                    Work Unit in terms of the Internal Audit
                                                                                                                                    Charter, duties and responsibilities,
                                                                                                                                    organizational structure of AI where IAU
                                                                                                                                    is directly responsible to the President
                                                                                                                                    Director, profile of the Head of IAU,
                                                                                                                                    professional certification, meetings, scope,
                                                                                                                                    training and implementation of duties
                                                                                                                                    (GCG Chapter, 407-414).




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          Prinsip                                                                                                                                   Halaman
                                               Kriteria                                          Criteria
         Principle                                                                                                                                   Page

                                     Pengawasan Risiko                                Risk Oversight
                            E.3.17   Apakah Bank Raya menetapkan prosedur E.3.17      Does Bank Raya establish a sound internal    Uraian lengkap tentang manajemen risiko
                                     pengendalian internal/kerangka kerja             control procedures/risk management           Bank Raya terkait: kebijakan, kerangka
                                     manajemen risiko yang baik dan secara            framework and periodically review the        kerja, sistem, satuan kerja, fokus
                                     berkala meninjau efektivitas kerangka            effectiveness of that framework?             pengelolaan, pengelolaan permodalan,
                                     kerja tersebut?                                                                               pengelolaan & pengungkapan risiko,
                                                                                                                                   tinjauan efektivitas sistem manajemen
                            E.3.18   Apakah Laporan Tahunan/Laporan CG E.3.18         Does the Annual Report/Annual CG             risiko, penilaian risiko, dan pernyataan
                                     Tahunan mengungkapkan bahwa                      Report disclose that the board of            Direksi dan/atau Dewan Komisaris atau
                                     direksi/komisaris telah melakukan                directors/commissioners has conducted        Komite Audit atas kecukupan manajemen
                                     tinjauan atas pengendalian material              a review of Bank Raya's material controls    risiko (Bab GCG, 420-434).
                                     Bank Raya (termasuk pengendalian                 (including operational, financial and
                                     operasional, keuangan, dan kepatuhan)            compliance controls) and risk                A comprehensive overview of Bank Raya's
                                     dan sistem manajemen risiko?                     management systems?                          risk management encompasses several
                            E.3.19   Apakah Bank Raya mengungkapkan E.3.19            Does Bank Raya disclose the key risks        key aspects, including its policies,
                                     risiko-risiko utama yang secara material         to which Bank Raya is materially exposed     frameworks, and systems, as well as the
                                     dihadapi Bank Raya (misalnya risiko              to (i.e. financial, operational including    structure of its work units and management
                                     keuangan, operasional termasuk TI,               IT, environmental, social, economic)?        priorities. The discussion also covers capital
                                     lingkungan, sosial, ekonomi)?                                                                 management, risk management practices,
                                                                                                                                   and disclosure protocols. Furthermore, it
                            E.3.20   Apakah Laporan Tahunan/Laporan CG E.3.20         Does the Annual Report/Annual CG             assesses the effectiveness of the risk
                                     Tahunan memuat pernyataan dari                   Report contain a statement from the          management system, outlines the risk
                                     direksi/komisaris atau Komite Audit yang         board of directors/commissioners or          assessment processes, and includes
                                     mengomentari kecukupan pengendalian              Audit Committee commenting on the            statements from the Board of Directors
                                     internal/sistem manajemen risiko Bank            adequacy of Bank Raya's internal             and/or the Board of Commissioners or
                                     Raya?                                            controls/risk management systems?            Audit Committee regarding the adequacy
                                                                                                                                   of the risk management measures in place
                                                                                                                                   (GCG Chapter, pp. 420-434).
E.4   Anggota Dewan                  Ketua Dewan                                      Board Chairman
      People on the Board
                            E.4.1    Apakah ada orang yang berbeda yang E.4.1         Do different persons assume the roles of     Profil Dewan Komisaris (Bab Profil
                                     berperan sebagai ketua dan CEO?                  chairman and CEO?                            Perusahaan, hal. 110-114)
                                                                                                                                   Komposisi Dewan Komisaris (Bab GCG,
                            E.4.2                                         E.4.2       Is the chairman an independent director/     hal. 307-308)
                                     Apakah ketua merupakan direktur/                 commissioner?                                Board of Commissioners Profile (Company
                                     komisaris independen?                                                                         Profile Chapter, pages 110-114)
                            E.4.3    Apakah ada direktur yang merupakan E.4.3         Is any of the directors a former CEO of      Board of Commissioners Composition
                                     mantan CEO Bank Raya dalam 2 tahun               Bank Raya in the past 2 years?               (GCG Chapter, pages 307-308)
                                     terakhir?
                                                                                                                                   Profil Direksi (Bab Profil Perusahaan, hal.
                                                                                                                                   115-120)
                                                                                                                                   Komposisi Direksi (Bab GCG, hal. 322)
                                                                                                                                   Board of Directors Profile (Company Profile
                                                                                                                                   Chapter, pages 115-120)
                                                                                                                                   Board of Directors Composition (GCG
                                                                                                                                   Chapter, page 322)
                            E.4.4    Apakah peran dan tanggung jawab E.4.4            Are the roles and responsibilities of the    Tugas & tanggung jawab Komisaris Utama
                                     ketua diungkapkan?                               chairman disclosed?                          (Bab GCG, hal. 309)
                                                                                                                                   Tugas & tanggung jawab Direktur Utama
                                                                                                                                   (Bab GCG, hal. 313)
                                                                                                                                   Duties & responsibilities of the President
                                                                                                                                   Commissioner (GCG Chapter, pp. 309)
                                                                                                                                   Duties & responsibilities of the President
                                                                                                                                   Director (GCG Chapter, p. 313)
                                     Direktur Independen Utama                        Lead Independent Director
                            E.4.5    Jika Ketua tidak independen, apakah E.4.5        If the Chairman is not independent, has      Komposisi Dewan Komisaris (Bab GCG,
                                     Dewan telah menunjuk seorang Direktur            the Board appointed a Lead/Senior            hal. 307-308)
                                     Independen Utama/Senior dan apakah               Independent Director and has his/her         Board of Commissioners Composition
                                     perannya telah didefinisikan?                    role been defined?                           (GCG Chapter, pages 307-308)
                                                                                                                                   Komposisi Direksi (Bab GCG, hal. 322)
                                                                                                                                   Board of Directors Composition (GCG
                                                                                                                                   Chapter, page 322)
                                     Keterampilan dan Kompetensi                      Skills and Competencies
                            E.4.6    Apakah setidaknya satu direktur/ E.4.6           Does at least one non-executive director/    Keberagaman Dewan Komisaris dan
                                     komisaris non-eksekutif memiliki                 commissioner have prior working              Direksi termasuk didalamnya pengalamn
                                     pengalaman kerja sebelumnya di sektor            experience in the major sector that Bank     kerja (Bab GCG, hal. 341-342)
                                     utama yang dijalankan Bank Raya?                 Raya is operating in?
                                                                                                                                   Diversity of the Board of Commissioners
                                                                                                                                   and Board of Directors, including
                                                                                                                                   professional experience (GCG chapter,
                                                                                                                                   pp. 314-342)




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          Prinsip                                                                                                                           Halaman
                                               Kriteria                                     Criteria
         Principle                                                                                                                           Page

E.5   Kinerja Direksi               Pengembangan Direksi                         Directors Development
      Board Performance
                            E.5.1   Apakah Bank Raya memiliki program E.5.1      Does Bank Raya have orientation             Program orientasi Dewan Komisarsi dan
                                    orientasi untuk direktur/komisaris baru?     programmes for new directors/               Direksi (Bab GCG, hal. 314 dan 333)
                                                                                 commissioners?
                                                                                                                             Orientation Program for the Board of
                                                                                                                             Commissioners and Directors (GCG
                                                                                                                             Chapter, pp. 314 and 333)
                            E.5.2   Apakah Bank Raya memiliki kebijakan E.5.2    Does Bank Raya have a policy and actual     Program pengembangan kompetensi
                                    dan praktik nyata serta program yang         practice and programs that encourages       dewan Komisaris dan Direksi (Bab GCG,
                                    mendorong direktur/komisaris untuk           directors/commissioners to attend on-       hal. 314-315; dan 333-336)
                                    menghadiri program pendidikan                going or continuous professional
                                    profesional yang sedang berlangsung          education programmes?                       Competency Development Program for
                                    atau berkelanjutan?                                                                      the Board of Commissioners and Directors
                                                                                                                             (GCG Chapter, pp. 314-315; and 333-336)
                                    Penunjukan dan Kinerja CEO/                  CEO/Executive Management
                                    Manajemen Eksekutif                          Appointments and Performance
                            E.5.3   Apakah Bank Raya mengungkapkan E.5.3         Does Bank Raya disclose the process on      Mekanisme suksesi Dewan Komisaris dan
                                    proses tentang bagaimana direksi/            how the board of directors/commissioners    Direksi (Bab GCG, hal. 338-340)
                                    komisaris merencanakan suksesi CEO/          plans for the succession of the CEO/        Succession Mechanism of the Board of
                                    Direktur Utama/Presiden dan manajemen        Managing Director/President and key         Commissioners and Directors (GCG
                                    kunci?                                       management?                                 Chapter, pp. 338-340)
                            E.5.4   Apakah direksi/komisaris melakukan E.5.4     Does the board of directors/                Penilaian kinerja Direksi Utama (Bab GCG,
                                    penilaian kinerja tahunan terhadap CEO/      commissioners conduct an annual             hal. 350)
                                    Direktur Utama/Presiden?                     performance assessment of the CEO/          Performance assessment of the President
                                                                                 Managing Director/President?                Directors (GCG Chapter, pp. 350)
                                    Penilaian Dewan                              Board Appraisal
                            E.5.5   Apakah Bank Raya melakukan penilaian E.5.5   Did Bank Raya conduct an annual             Penilaian kinerja Dewan Komisaris (Bab
                                    kinerja tahunan terhadap direksi/            performance assessment of the board         GCG, hal. 349-350)
                                    komisaris dan mengungkapkan kriteria         of directors/commissioners and disclose     Performance assessment of the Board of
                                    dan proses yang diikuti untuk penilaian      the criteria and process followed for the   Commissioners (GCG Chapter, pp. 349-
                                    tersebut?                                    assessment?                                 350)
                                    Penilaian Direktur                           Board Appraisal
                            E.5.6   Apakah Bank Raya melakukan penilaian E.5.6   Did Bank Raya conduct an annual             Penilaian kinerja Direksi (Bab GCG, hal.
                                    kinerja tahunan terhadap masing-masing       performance assessment of the individual    350-352)
                                    direktur/komisaris dan mengungkapkan         directors/commissioners and disclose        Performance assessment of the Board of
                                    kriteria dan proses yang diikuti untuk       the criteria and process followed for the   Directors (GCG Chapter, pp. 350-352)
                                    penilaian tersebut?                          assessment?
                                    Penilaian Komite                             Committee Appraisal
                            E.5.7   Apakah Bank Raya melakukan penilaian E.5.7   Did Bank Raya conduct an annual             Penilaian Komite Dewan Komisaris (Bab
                                    kinerja tahunan terhadap komite-komite       performance assessment of the board         GCG, hal. 316-317)
                                    dewan dan mengungkapkan kriteria             committees and disclose the criteria and    Penjelasan Komite Dewan Komisaris (Bab
                                    dan proses yang diikuti untuk penilaian      process followed for the assessment?        GCG, hal. 357-384)
                                    tersebut?                                                                                Assessment of the Board of Commissioners
                                                                                                                             Committee (GCG Chapter, pp. 316-317)
                                                                                                                             Explanation of the Board of Commissioners
                                                                                                                             Committee (GCG Chapter, pp. 357-384)

                                                                                                                             Penilaian Komite Direksi (Bab GCG, hal.
                                                                                                                             337-338)
                                                                                                                             Penjelasan Komite Direksi (Bab GCG, hal.
                                                                                                                             385-402)
                                                                                                                             Assessment of the Board of Directors
                                                                                                                             Committee (GCG Chapter, pp. 337-338)
                                                                                                                             Explanation of the Board of Directors
                                                                                                                             Committee (GCG Chapter, pp. 385-402)




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Penjelasan Direksi
Board of Directors’ Statement [OJK D.1]

Para Pemegang Saham dan Pemangku Kepentingan yang terhormat,                       Dear Shareholders and Stakeholders,

Direksi memandang keberlanjutan sebagai elemen strategis yang tidak                The Board of Directors views sustainability as a strategic element that is
terpisahkan dari arah pengembangan usaha Bank Raya. Di tengah dinamika             inseparable from Bank Raya’s business development direction. Amid the
industri perbankan digital dan meningkatnya ekspektasi pemangku                    evolving digital banking landscape and rising stakeholder expectations,
kepentingan, Perseroan berkomitmen untuk mengintegrasikan prinsip                  the Bank is committed to consistently and measurably integrating sustainability
keberlanjutan ke dalam strategi bisnis, tata kelola, serta aktivitas operasional   principles into its business strategy, governance, and operational activities.
secara konsisten dan terukur. Melalui Penjelasan Direksi ini, kami                 Through this Board of Directors’ Statement, we present our perspectives,
menyampaikan pandangan, kebijakan, serta capaian utama Bank Raya                   policies, and key achievements in implementing sustainable finance as
dalam menerapkan keuangan berkelanjutan sebagai bagian dari upaya                  part of Bank Raya’s commitment to responsible and sustainable growth.
menciptakan pertumbuhan yang bertanggung jawab dan berkelanjutan.




Kebijakan Direksi dalam Merespons Tantangan Pemenuhan Strategi Keberlanjutan
The Board of Directors’ Policy in Responding to the Challenges of Implementing Sustainability Strategies

Direksi meyakini bahwa keberlanjutan merupakan fondasi utama dalam                 The Board of Directors firmly believes that sustainability is a fundamental
memastikan relevansi dan ketahanan Bank Raya di tengah dinamika industri           foundation for ensuring Bank Raya’s relevance and resilience amid the
perbankan digital yang terus berkembang. Oleh karena itu, prinsip keberlanjutan    continuously evolving digital banking landscape. Accordingly, sustainability
telah diintegrasikan secara menyeluruh ke dalam visi, misi, serta strategi         principles have been fully embedded into the Bank’s vision, mission, and
bisnis Perseroan. Keberlanjutan menjadi landasan dalam setiap pengambilan          business strategy. Sustainability serves as a guiding framework for all
keputusan strategis maupun operasional, dengan tujuan menciptakan                  strategic and operational decision-making processes, aimed at balancing
keseimbangan antara kinerja keuangan, tanggung jawab sosial, dan                   financial performance, social responsibility, and environmental stewardship
kepedulian terhadap lingkungan, sehingga mampu menghasilkan nilai                  to create long-term value for all stakeholders.
jangka panjang bagi seluruh pemangku kepentingan.

Dalam merespons tantangan pemenuhan strategi keberlanjutan, Bank                   In responding to the challenges of implementing its sustainability strategy,
Raya mengedepankan pendekatan yang proaktif dan adaptif terhadap                   Bank Raya adopts a proactive and adaptive approach to social, environmental,
isu sosial, lingkungan, dan tata kelola yang relevan dengan karakteristik          and governance issues that are material to the digital banking industry.
perbankan digital. Dari aspek sosial, kebijakan Perseroan difokuskan pada          From a social perspective, the Bank’s policies focus on expanding financial
perluasan inklusi keuangan melalui pengembangan produk dan layanan                 inclusion through the development of digital products and services that
digital yang menjangkau segmen masyarakat unbanked dan underbanked,                reach unbanked and underbanked communities, including MSME financing
termasuk dukungan pembiayaan bagi UMKM serta penguatan program                     and financial literacy initiatives. From an environmental standpoint, Bank
literasi keuangan. Dari sisi lingkungan, Bank menerapkan prinsip green             Raya applies green banking principles by optimizing digital services,
banking melalui optimalisasi layanan digital, peningkatan efisiensi energi,        improving energy efficiency, managing carbon emissions, and actively
pengelolaan emisi karbon, serta partisipasi aktif dalam inisiatif pelestarian      supporting environmental conservation initiatives. Meanwhile, from a
lingkungan. Sementara itu, dari aspek tata kelola, Bank Raya terus memperkuat      governance perspective, the Bank continues to strengthen ESG risk
penerapan manajemen risiko ESG, perlindungan data pribadi, serta                   management, personal data protection, and information system and
keamanan sistem informasi dan siber sebagai bagian dari upaya menjaga              cybersecurity frameworks to safeguard customer trust and ensure long-term
kepercayaan nasabah dan keberlanjutan usaha.                                       business sustainability.

Direksi menegaskan komitmen penuh dalam penerapan prinsip keuangan                 The Board reaffirms its full commitment to the implementation of sustainable
berkelanjutan sebagaimana diatur dalam POJK No. 51/POJK.03/2017.                   finance principles as stipulated in OJK Regulation No. 51/POJK.03/2017.
Komitmen ini diwujudkan melalui penetapan visi Bank sebagai bank digital           This commitment is reflected in the Bank’s vision as a digital bank grounded
yang berlandaskan prinsip berkelanjutan, pembentukan Tim Keuangan                  in sustainability principles, the establishment of a dedicated Sustainable
Berkelanjutan, serta penyusunan dan pelaksanaan Rencana Aksi Keuangan              Finance Team, and the consistent formulation and execution of the
Berkelanjutan (RAKB) secara konsisten sejak tahun 2019. Direksi juga               Sustainable Finance Action Plan (RAKB) since 2019. The Board also ensures
memastikan bahwa seluruh inisiatif keberlanjutan Perseroan selaras dengan          that the Bank’s sustainability initiatives are aligned with the Sustainable
Tujuan Pembangunan Berkelanjutan (Sustainable Development Goals/                   Development Goals (SDGs) and support the Government’s efforts to promote
SDGs) serta mendukung agenda Pemerintah dalam mendorong pertumbuhan                inclusive and environmentally responsible economic growth.
ekonomi yang inklusif dan berwawasan lingkungan.

Sepanjang tahun pelaporan, Bank Raya mencatat berbagai capaian positif             Throughout the reporting year, Bank Raya recorded positive achievements
dalam implementasi keberlanjutan. Di bidang ekonomi, penyaluran                    in the implementation of its sustainability agenda. From an economic
pembiayaan UMKM dan digital lending menunjukkan kinerja yang tumbuh                perspective, MSME financing and digital lending are showing sustainable
secara berkelanjutan, seiring dengan pertumbuhan produk simpanan digital           growth, supported by the growth of digital savings products and investments
dan kepemilikan instrumen green bond. Di bidang lingkungan, Perseroan              in green bonds. From an environmental perspective, the Bank significantly
berhasil menurunkan konsumsi energi dan kertas secara signifikan,                  reduced energy and paper consumption, completed carbon emission
menyelesaikan perhitungan dan pelaporan emisi karbon kepada OJK, serta             calculations and reporting to OJK, and carried out mangrove planting
melaksanakan program penanaman mangrove sebagai bentuk kontribusi                  programs as part of its ecosystem conservation efforts. From a social
terhadap pelestarian ekosistem. Di bidang sosial, Bank meningkatkan                perspective, the Bank enhanced human capital capabilities through ESG-
kapabilitas sumber daya manusia melalui sertifikasi dan pelatihan ESG,             related certifications and training, strengthened human rights protection,
memperkuat perlindungan hak asasi manusia, serta menjalankan berbagai              and implemented various corporate social responsibility and financial
program tanggung jawab sosial dan literasi keuangan bagi masyarakat.               literacy programs. These achievements demonstrate Bank Raya’s consistent
Capaian tersebut mencerminkan konsistensi Bank Raya dalam                          efforts to balance business growth with sustainability responsibilities.
menyeimbangkan pertumbuhan bisnis dengan tanggung jawab keberlanjutan.




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Namun demikian, Direksi menyadari bahwa penerapan keuangan                          Nevertheless, the Board recognizes that the implementation of sustainable
berkelanjutan masih menghadapi berbagai tantangan, antara lain dinamika             finance continues to face several challenges, including regulatory dynamics,
regulasi, percepatan transformasi digital, kesiapan infrastruktur ramah             the rapid pace of digital transformation, the readiness of environmentally
lingkungan, serta perlunya peningkatan kesadaran dan literasi keberlanjutan         friendly infrastructure, and the need to enhance sustainability awareness
di kalangan nasabah dan masyarakat. Untuk menjawab tantangan tersebut,              and literacy among customers and the broader community. To address
Bank Raya terus memperkuat kapabilitas internal, mengintegrasikan risiko            these challenges, Bank Raya continues to strengthen its internal capabilities,
ESG secara lebih komprehensif ke dalam kerangka manajemen risiko,                   further integrate ESG risks into its enterprise risk management framework,
serta menyusun roadmap keberlanjutan jangka pendek, menengah, dan                   and develop short-, medium-, and long-term sustainability roadmaps that
panjang yang adaptif terhadap perubahan lingkungan eksternal. Melalui               remain adaptive to external changes. Through these efforts, the Board
langkah-langkah tersebut, Direksi optimistis Bank Raya dapat terus bertumbuh        remains confident that Bank Raya will continue to grow responsibly and
secara bertanggung jawab dan berkelanjutan.                                         sustainably in the years ahead.




Penerapan Keuangan Berkelanjutan
Sustainable Finance Implementation

Direksi memandang penerapan keuangan berkelanjutan sebagai kerangka                 The Board of Directors views sustainable finance implementation as a
strategis yang mengintegrasikan kinerja ekonomi dengan tanggung jawab               strategic framework that integrates economic performance with social
sosial dan kepedulian terhadap lingkungan. Pendekatan ini menjadi fondasi           responsibility and environmental stewardship. This approach serves as a
bagi Bank Raya dalam memperkuat ketahanan bisnis, menjaga kepercayaan               foundation for strengthening Bank Raya’s business resilience, maintaining
pemangku kepentingan, serta menciptakan nilai jangka panjang yang                   stakeholder trust, and creating long-term sustainable value. Throughout
berkelanjutan. Sepanjang tahun pelaporan, Bank Raya secara konsisten                the reporting year, Bank Raya consistently implemented sustainable finance
mengimplementasikan prinsip keuangan berkelanjutan melalui berbagai                 principles through measurable initiatives across the Environmental, Social,
inisiatif yang terukur pada aspek lingkungan, sosial, dan tata kelola               and Governance (ESG) aspects.
(Environmental, Social, and Governance/ESG).

Dari aspek ekonomi dan lingkungan, Bank Raya tahun ini mencatat                     From the Environmental and economic perspective, Bank Raya this year
perlambatan dengan masih berlangsungnya proses transformasi di                      recorded a slowdown with the transformation process that still ongoing
perusahaan. Namun demikian, penyaluran kredit kepada segmen UMKM                    within the company. Nevertheless, MSME disbursement loan reached
mencapai Rp2.584,41 miliar, atau 119,62% dari target Rp2.160,57 miliar,             Rp2,584.41 billion, equivalent to 119.62% of the Rp2,160.57 billion target,
yang mencerminkan peran aktif Bank dalam mendorong pertumbuhan                      underscoring the Bank’s active role in promoting inclusive economic growth.
ekonomi inklusif. Pada sektor Pengelolaan Sumber Daya Alam Hayati dan               Financing in the Sustainable Management of Biological Natural Resources
Penggunaan Lahan Berkelanjutan, realisasi pembiayaan mencapai                       and Land Use sector amounted to Rp1,079.60 billion, or 131.61% of the
Rp1.079,60 miliar, atau 131,61% dari target Rp820,30 miliar. Selain itu,            target of Rp820.30 billion. In addition, digital savings products recorded
produk simpanan digital mencatatkan realisasi sebesar Rp2.206,12 miliar,            Rp2,206.12 billion, or 127.02% of the Rp1,736.83 billion target, in line with
atau 127,02% dari target Rp1.736,83 miliar, sejalan dengan strategi green           the Bank’s green banking strategy through digital optimization. Bank Raya
banking melalui optimalisasi layanan digital. Bank Raya juga memperkuat             also strengthened its investment portfolio through green bond holdings of
portofolio investasinya melalui kepemilikan green bond sebesar Rp103                Rp103 billion, or 137.33% of the Rp75 billion target.
miliar, atau 137,33% dari target Rp75 miliar.

Dalam upaya menekan dampak lingkungan dari aktivitas operasional,                   To reduce the environmental impact of its operations, Bank Raya successfully
Bank Raya berhasil menurunkan konsumsi energi listrik menjadi 748.156               lowered electricity consumption to 748,156 kWh, representing a 40.41%
kWh, turun 40,41% dibandingkan tahun sebelumnya sebesar 1.255.637                   decrease from 1,255,637 kWh in the previous year. Paper consumption
kWh. Penggunaan kertas juga mengalami penurunan menjadi 1.395 rim,                  declined to 1,395 reams, a 2.45% reduction year-on-year. As part of its
atau turun 2,45% dibandingkan tahun sebelumnya. Sebagai bagian dari                 commitment to environmental accountability, the Bank completed and
komitmen transparansi dan akuntabilitas lingkungan, Bank telah                      reported its carbon emission calculations to the Financial Services Authority
menyelesaikan perhitungan dan pelaporan emisi karbon kepada Otoritas                in August 2025, and implemented mangrove planting programs to support
Jasa Keuangan pada Agustus 2025, serta melaksanakan program penanaman               ecosystem conservation.
mangrove sebagai kontribusi terhadap pelestarian ekosistem pesisir.

Dari aspek sosial, Bank Raya terus memperkuat kualitas sumber daya manusia          From the Social aspect, Bank Raya continued to strengthen human capital
dan kontribusi sosialnya. Sepanjang tahun pelaporan, Bank melaksanakan              quality and social contributions. During the reporting year, the Bank
berbagai program sertifikasi dan pengembangan kompetensi, termasuk                  implemented various mandatory certification programs, including BSMR
Sertifikasi BSMR yang diikuti oleh 547 pekerja, Sertifikasi SPPUR yang telah        Certification completed by 547 employees, SPPUR Certification completed
dipenuhi oleh 513 pekerja, serta Sertifikasi Audit dan Treasury yang masing-        by 513 employees, and full compliance for Audit and Treasury Certifications.
masing telah terpenuhi oleh seluruh pekerja terkait. Bank juga                      ESG capability-building initiatives were also conducted through ESG
menyelenggarakan program peningkatan kapabilitas ESG melalui e-learning             e-learning, ESG and Climate Risk seminars, and internal sustainability
ESG, seminar ESG dan Climate Risk, serta berbagai kegiatan internalisasi            awareness programs. In terms of diversity and inclusion, female employees
keberlanjutan. Dari sisi keberagaman dan inklusi, komposisi pekerja perempuan       totaled 401 out of 942 employees, or 42.57%, exceeding the 25% target,
mencapai 401 orang dari total 942 pekerja, atau 42,57%, melampaui target            with women representing at least 30% of middle-to-upper management
25%, dengan keterwakilan perempuan pada posisi manajemen menengah                   positions.
hingga atas mencapai minimal 30%.

Dalam mendukung masyarakat, Bank Raya melaksanakan 5 program CSR                    To support communities, Bank Raya implemented five CSR programs,
yang mencakup aspek sosial, keagamaan, lingkungan, serta sarana dan                 exceeding the target of four communities, covering social, religious,
prasarana, melampaui target 4 komunitas. Program literasi keuangan                  environmental, and infrastructure initiatives. Financial literacy programs
melalui kanal media sosial resmi Bank juga dilaksanakan sebanyak 36                 delivered through the Bank’s official social media channels were conducted
kali, atau rata-rata 3 kali per bulan, jauh di atas target awal 1 kali per bulan,   36 times, or an average of three times per month, significantly above the
yang mencerminkan komitmen Bank dalam meningkatkan pemahaman                        initial target of once per month, demonstrating the Bank’s strong commitment
dan kesadaran keuangan masyarakat.                                                  to enhancing public financial awareness.



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Dari aspek tata kelola , Bank Raya terus memperkuat penerapan tata kelola      From the Governance aspect, Bank Raya continued to reinforce sound
perusahaan yang baik sebagai penopang keberlanjutan. Tingkat kepuasan          corporate governance as a pillar of sustainability. Customer satisfaction
nasabah mencapai skor 4,65, melampaui target 4,10, mencerminkan                reached a score of 4.65, exceeding the target of 4.10, reflecting sustained
kualitas layanan dan kepercayaan nasabah yang terus terjaga. Bank juga         service quality and customer trust. The Bank updated key policies and
memperbarui berbagai kebijakan dan prosedur penting, termasuk Standar          procedures, including the Data Protection Impact Analysis (DPIA) and
Operasional Prosedur Data Protection Impact Analysis (DPIA) dan Consent        Consent Management SOPs, as well as its Privacy Notice, to ensure lawful,
Management, serta memperbarui Privacy Notice untuk memastikan                  limited, and accountable personal data processing. In addition, guidelines
perlindungan data pribadi dilakukan secara sah, terbatas, dan akuntabel.       for handling data breach complaints were issued to strengthen the Bank’s
Selain itu, Bank menerbitkan pedoman penanganan pengaduan kebocoran            response to information security and cybersecurity risks.
data guna memperkuat respons terhadap risiko keamanan informasi dan
siber.

Secara keseluruhan, pencapaian tersebut mencerminkan komitmen Bank             Overall, these achievements demonstrate Bank Raya’s consistent and
Raya dalam menerapkan keuangan berkelanjutan secara konsisten dan              measurable implementation of sustainable finance. The Board believes
terukur. Direksi meyakini bahwa penguatan implementasi ESG ini tidak           that strengthening ESG performance not only ensures regulatory compliance
hanya mendukung kepatuhan terhadap regulasi, tetapi juga menjadi               but also serves as a key driver for Bank Raya’s inclusive, responsible, and
pendorong utama bagi pertumbuhan Bank Raya yang inklusif, bertanggung          sustainable growth in the future.
jawab, dan berkelanjutan di masa depan.




Strategi Pencapaian Target Keberlanjutan
Strategy to Achieve Sustainability Targets

Direksi menyadari bahwa pencapaian target keberlanjutan tidak dapat            The Board of Directors recognizes that achieving sustainability targets
dilakukan secara parsial, melainkan membutuhkan pendekatan yang                cannot be pursued in isolation, but requires an integrated, measurable, and
terintegrasi, terukur, dan adaptif terhadap dinamika eksternal. Oleh karena    adaptive approach to an evolving external environment. Accordingly, Bank
itu, Bank Raya menetapkan strategi pencapaian keberlanjutan yang               Raya has established a sustainability achievement strategy grounded in
berlandaskan pada integrasi prinsip ESG ke dalam strategi bisnis, penguatan    the integration of ESG principles into its business strategy, the strengthening
tata kelola dan manajemen risiko, serta pemanfaatan peluang pertumbuhan        of governance and risk management, and the optimization of growth
yang sejalan dengan tujuan pembangunan berkelanjutan.                          opportunities aligned with sustainable development objectives.

Sebagai landasan utama, Bank Raya secara konsisten menyusun dan                As a primary foundation, Bank Raya consistently formulates and implements
melaksanakan RAKB sebagai peta jalan strategis dalam mencapai target           its Sustainable Finance Action Plan (RAKB) as a strategic roadmap for
keberlanjutan jangka pendek, menengah, dan panjang. RAKB berfungsi             achieving short-, medium-, and long-term sustainability targets. The RAKB
sebagai instrumen pengendali yang memastikan bahwa setiap inisiatif            serves as a guiding instrument to ensure that each sustainability initiative
keberlanjutan memiliki sasaran yang jelas, indikator kinerja yang terukur,     is supported by clear objectives, measurable performance indicators, and
serta mekanisme pemantauan dan evaluasi yang berkelanjutan. Melalui            continuous monitoring and evaluation mechanisms. Through this approach,
pendekatan ini, Bank Raya memastikan bahwa implementasi keuangan               Bank Raya ensures that sustainable finance implementation remains aligned
berkelanjutan berjalan selaras dengan arah pengembangan bisnis dan             with the Bank’s business direction and internal capacity.
kapasitas internal Perseroan.

Dalam mendukung pencapaian target tersebut, Bank Raya memperkuat               To support the achievement of these targets, Bank Raya strengthens
pengelolaan risiko keberlanjutan dengan mengintegrasikan risiko lingkungan,    sustainability risk management by integrating environmental, social, and
sosial, dan tata kelola ke dalam kerangka manajemen risiko perusahaan.         governance risks into its enterprise risk management framework. The
Proses identifikasi, pengukuran, mitigasi, serta pemantauan risiko dilakukan   processes of risk identification, assessment, mitigation, and monitoring are
secara berkala untuk memastikan bahwa potensi risiko ESG, termasuk             conducted on a regular basis to ensure that potential ESG risks, such as
risiko perubahan regulasi, risiko teknologi dan keamanan siber, serta risiko   regulatory changes, technology and cybersecurity risks, and reputational
reputasi, dapat dikelola secara prudent. Pendekatan ini memungkinkan           risks, are managed prudently. This approach enables the Bank to maintain
Bank untuk menjaga ketahanan usaha sekaligus mendukung pencapaian              business resilience while consistently advancing its sustainability agenda.
target keberlanjutan secara konsisten.

Sejalan dengan pengelolaan risiko, Direksi juga memandang keberlanjutan        In parallel with risk management, the Board views sustainability as a key
sebagai sumber peluang pertumbuhan jangka panjang. Bank Raya secara            driver of long-term growth opportunities. Bank Raya actively capitalizes on
aktif memanfaatkan peluang yang muncul dari peningkatan kebutuhan              opportunities arising from the increasing demand for digital financial
layanan keuangan digital, perluasan inklusi keuangan, serta meningkatnya       services, the expansion of financial inclusion, and the growing interest in
minat terhadap pembiayaan dan investasi berkelanjutan. Melalui                 sustainable financing and investment. Through the development of inclusive
pengembangan produk dan layanan digital yang inklusif, penguatan               digital products and services, the strengthening of MSME financing, and
pembiayaan UMKM, serta eksplorasi kerja sama dan instrumen keuangan            the exploration of sustainable financial instruments and partnerships, Bank
berkelanjutan, Bank Raya mengarahkan pertumbuhan bisnis yang tidak             Raya steers its business growth toward outcomes that are both competitive
hanya kompetitif, tetapi juga bertanggung jawab.                               and responsible.

Dalam menyusun dan menyesuaikan strategi keberlanjutan, Direksi turut          In formulating and refining its sustainability strategy, the Board also considers
mempertimbangkan pengaruh faktor eksternal yang berpotensi memengaruhi         external factors that may influence the achievement of sustainability targets,
pencapaian target, termasuk kondisi makroekonomi, perkembangan                 including macroeconomic conditions, technological advancements, changes
teknologi, perubahan perilaku nasabah, serta dinamika regulasi dan             in customer behavior, and regulatory and policy developments. The Bank’s
kebijakan nasional. Respons terhadap faktor eksternal tersebut diwujudkan      response to these external factors is reflected in enhanced strategic flexibility,
melalui peningkatan fleksibilitas strategi, penguatan kapabilitas sumber       strengthened human capital capabilities, and the optimization of digital
daya manusia, serta optimalisasi pemanfaatan teknologi digital untuk           technologies to improve operational efficiency and effectiveness.
meningkatkan efisiensi dan efektivitas operasional.




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Melalui strategi yang terstruktur dan adaptif ini, Direksi meyakini bahwa     Through this structured and adaptive strategy, the Board is confident that
Bank Raya dapat mencapai target keberlanjutan secara bertahap dan             Bank Raya will achieve its sustainability targets in a gradual and sustainable
berkelanjutan. Pendekatan ini tidak hanya memperkuat ketahanan dan            manner. This approach not only strengthens the Bank’s resilience and
daya saing Perseroan, tetapi juga memastikan bahwa pertumbuhan Bank           competitiveness, but also ensures that Bank Raya’s growth consistently
Raya senantiasa memberikan dampak positif bagi perekonomian, masyarakat,      delivers positive impacts for the economy, society, and the environment.
dan lingkungan.




Apresiasi
Appreciation

Direksi menyampaikan apresiasi dan terima kasih yang sebesar-besarnya         The Board of Directors extends its sincere appreciation and gratitude to all
kepada seluruh pemangku kepentingan atas dukungan, kepercayaan,               stakeholders for their continued support, trust, and collaboration in advancing
dan kolaborasi yang terus terjalin dalam mendukung penerapan keuangan         Bank Raya’s sustainable finance implementation. We extend our special
berkelanjutan Bank Raya. Apresiasi khusus kami sampaikan kepada seluruh       appreciation to all employees for their commitment, dedication, and active
insan Perseroan atas komitmen, dedikasi, dan peran aktif dalam                contribution in embedding sustainability principles into daily operations
mengintegrasikan prinsip keberlanjutan ke dalam setiap aktivitas dan          and decision-making processes. The Board also acknowledges the important
pengambilan keputusan. Direksi juga menghargai peran regulator, pemegang      role of regulators, shareholders, business partners, and the community in
saham, mitra usaha, dan masyarakat yang telah menjadi bagian penting          supporting Bank Raya’s journey toward inclusive, responsible, and sustainable
dalam perjalanan Bank Raya menuju pertumbuhan yang inklusif, bertanggung      growth.
jawab, dan berkelanjutan.




                                                        Jakarta, 27 April 2026 | April 27, 2026
                                                                  Atas Nama Direksi
                                                         On Behalf of the Board of Directors




                                                               Ida Bagus Ketut Subagia
                                                                    Direktur Utama
                                                                   President Director




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Tentang Laporan Keberlanjutan
About the Sustainability Report

Laporan Keberlanjutan PT Bank Raya Indonesia Tbk (“Bank Raya” atau          The Sustainability Report of PT Bank Raya Indonesia Tbk (“Bank Raya” or
“Bank”) disusun sebagai wujud komitmen Bank dalam menerapkan prinsip        “the Bank”) is prepared as a manifestation of the Bank’s commitment to
transparansi, akuntabilitas, dan tata kelola yang berkelanjutan. Laporan    implementing the principles of transparency, accountability, and sustainable
ini menyajikan kinerja dan dampak keberlanjutan Bank Raya sepanjang         governance. This report presents Bank Raya’s sustainability performance
tahun 2025, mencakup aspek ekonomi, lingkungan, dan sosial yang relevan     and impacts throughout 2025, covering economic, environmental, and
dengan karakteristik usaha perbankan digital.                               social aspects relevant to the characteristics of its digital banking business.

Melalui laporan ini, Bank Raya mengkomunikasikan pendekatan, kebijakan,     Through this report, Bank Raya communicates its sustainability approach,
serta inisiatif keberlanjutan yang diterapkan dalam mendukung pertumbuhan   policies, and initiatives in supporting responsible business growth, prudent
usaha yang bertanggung jawab, pengelolaan risiko yang prudent, serta        risk management, and long-term value creation for shareholders and
penciptaan nilai jangka panjang bagi pemegang saham dan pemangku            stakeholders. The preparation of this report also forms part of Bank Raya’s
kepentingan. Penyusunan laporan ini juga menjadi bagian dari upaya          efforts to enhance the quality of sustainability disclosures and to strengthen
Bank Raya untuk meningkatkan kualitas pengungkapan dan memperkuat           public trust in the sustainability practices implemented by the Bank.
kepercayaan publik terhadap praktik keberlanjutan yang dijalankan.



Kerangka dan Standar Pelaporan
Reporting Framework and Standards

Dalam menyusun Laporan Keberlanjutan Tahun 2025, Bank Raya mengacu          In preparing the 2025 Sustainability Report, Bank Raya refers to applicable
pada kerangka peraturan dan standar pelaporan yang berlaku, guna            regulatory frameworks and reporting standards to ensure compliance with
memastikan kesesuaian dengan ketentuan regulator serta praktik terbaik      regulatory requirements and alignment with sustainability reporting best
pelaporan keberlanjutan. Kerangka dan standar yang digunakan meliputi:      practices. The frameworks and standards applied include:
•   Peraturan Otoritas Jasa Keuangan (POJK) Nomor 51/POJK.03/2017           •    Financial Services Authority Regulation (POJK) No. 51/POJK.03/2017
    tentang Penerapan Keuangan Berkelanjutan bagi Lembaga Jasa                   on the Implementation of Sustainable Finance for Financial Services
    Keuangan, Emiten, dan Perusahaan Publik;                                     Institutions, Issuers, and Public Companies;
•   Surat Edaran Otoritas Jasa Keuangan (SEOJK) Nomor 16/SEOJK.04/2021      •    Financial Services Authority Circular Letter (SEOJK) No. 16/SEOJK.04/2021
    tentang Bentuk dan Isi Laporan Tahunan Emiten atau Perusahaan                concerning the Form and Content of Annual Reports of Issuers or Public
    Publik;                                                                      Companies;
•   Standar Global Reporting Initiative (GRI) 2021, disusun dengan          •    Global Reporting Initiative (GRI) Standards 2021, prepared using a
    pendekatan “with reference to”, sebagai acuan utama dalam                    “with reference to” approach, as the primary reference for the disclosure
    pengungkapan kinerja dan pengelolaan dampak keberlanjutan Bank               of Bank Raya’s sustainability performance and impact management.
    Raya.

Penerapan kerangka tersebut bertujuan untuk memastikan bahwa informasi      The application of these frameworks aims to ensure that the information
yang disajikan dalam laporan ini relevan, andal, dapat dibandingkan,        presented in this report is relevant, reliable, comparable, and reflective of
serta mencerminkan dampak signifikan dari kegiatan usaha Bank Raya          the significant impacts arising from Bank Raya’s business activities on the
terhadap ekonomi, lingkungan, dan masyarakat.                               economy, the environment, and society.



Entitas Dalam Laporan Keberlanjutan
Entities Included in the Sustainability Report [GRI 2-1, 2-2]

Laporan Keberlanjutan ini mencakup seluruh kegiatan operasional dan         This Sustainability Report covers all operational activities and business
fungsi bisnis Bank Raya sebagai entitas tunggal. Sepanjang periode          functions of Bank Raya as a single reporting entity. Throughout the reporting
pelaporan, Bank Raya tidak memiliki entitas anak, ventura bersama, atau     period, Bank Raya did not have any subsidiaries, joint ventures, or other
kepentingan non-pengendali lainnya yang perlu dikonsolidasikan dalam        non-controlling interests that are required to be consolidated in sustainability
pelaporan keberlanjutan.                                                    reporting.

Cakupan entitas dalam Laporan Keberlanjutan ini selaras dengan cakupan      The scope of entities included in this Sustainability Report is aligned with
entitas dalam laporan keuangan Bank Raya yang disusun secara individual     the scope of entities included in Bank Raya’s financial statements, which
dan telah diaudit. Dengan demikian, tidak terdapat perbedaan antara         are prepared on a standalone basis and have been audited. Accordingly,
entitas yang dicakup dalam pelaporan keuangan dan pelaporan                 there are no differences between the entities included in the financial
keberlanjutan.                                                              reporting and those included in the sustainability reporting.

Pendekatan konsolidasi informasi keberlanjutan dilakukan secara terpusat    The consolidation approach for sustainability information is applied centrally
pada tingkat Bank Raya dengan mekanisme pengumpulan data lintas             at the Bank Raya level through a cross-functional data collection mechanism.
fungsi. Sepanjang tahun pelaporan, tidak terdapat transaksi penggabungan    During the reporting year, there were no business combinations, acquisitions,
usaha, akuisisi, pelepasan entitas, maupun perubahan struktur organisasi    disposals of entities, or material changes in organizational structure that
material yang berdampak terhadap ruang lingkup pelaporan keberlanjutan.     affected the scope of sustainability reporting. This reporting approach is
Pendekatan pelaporan diterapkan secara konsisten untuk seluruh              applied consistently across all disclosures under the GRI Standards and all
pengungkapan dalam Standar GRI dan seluruh topik material yang              material topics reported.
dilaporkan.




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Periode Pelaporan, Frekuensi, dan Kontak
Reporting Period, Frequency, and Contact Point [GRI 2-3]

Laporan Keberlanjutan ini disusun untuk periode pelaporan 1 Januari          This Sustainability Report is prepared for the reporting period from 1 January
hingga 31 Desember 2025 dan diterbitkan secara tahunan. Periode              to 31 December 2025 and is published on an annual basis. The sustainability
pelaporan keberlanjutan ini selaras dengan periode pelaporan keuangan        reporting period is aligned with Bank Raya’s financial reporting period,
Bank Raya, sehingga memastikan keterbandingan dan konsistensi informasi      thereby ensuring the comparability and consistency of financial and
kinerja keuangan dan keberlanjutan.                                          sustainability performance information.

Laporan ini diterbitkan pada 27 April 2026.                                  This report was published in April 27, 2026.

Untuk pertanyaan, masukan, atau klarifikasi lebih lanjut terkait Laporan     For any questions, feedback, or further clarification regarding this Sustainability
Keberlanjutan ini, pemangku kepentingan dapat menghubungi:                   Report, stakeholders may contact:


                            PT Bank Raya Indonesia Tbk
       group
                            Gedung BRILiaN
                            Jl. Gatot Subroto No. 177A
                            RT 009/01/Menteng Dalam, Tebet, Jakarta Selatan 12870
                            Situs web I Website: www.bankraya.co.id
                            Surel I Wmail: humas@bankraya.co.id
                            Telp I Phone: 1500 494




Penyajian Ulang Informasi
Restatements of Information [GRI 2-4] [OJK G.1]

Bank Raya secara berkelanjutan melakukan peningkatan kualitas                Bank Raya continuously enhances the quality of its disclosures through
pengungkapan melalui penyempurnaan metodologi pengumpulan data,              improvements in data collection methodologies, measurement techniques,
teknik pengukuran, dan penyajian informasi. Sepanjang tahun pelaporan        and information presentation. Throughout the 2025 reporting period, there
2025, tidak terdapat penyajian ulang (restatement) atas informasi material   were no restatements of material information reported in previous periods.
yang dilaporkan pada periode sebelumnya.

Apabila di masa mendatang dilakukan penyajian ulang atas data atau           Should any restatements of specific data or information be made in future
informasi tertentu, Bank Raya akan mengungkapkan secara transparan           reporting periods, Bank Raya will transparently disclose the reasons for such
alasan penyajian ulang serta dampaknya terhadap data yang disajikan          restatements and their impact on the reported data in the relevant disclosure
pada bagian pengungkapan terkait.                                            sections.



Jaminan Pihak Eksternal
External Assurance [GRI 2-5]

Pada tahun pelaporan 2025, Laporan Keberlanjutan Bank Raya belum             For the 2025 reporting period, Bank Raya’s Sustainability Report has not
memperoleh penjaminan (external assurance) dari pihak independen.            been externally assured by an independent party. Nevertheless, Bank Raya
Namun demikian, Bank Raya memastikan keandalan dan akurasi informasi         ensures the reliability and accuracy of the disclosed information through
melalui proses pengendalian internal, validasi lintas unit kerja, serta      internal control processes, cross-functional data validation, and management
penelaahan manajemen.                                                        review.

Laporan Keberlanjutan ini telah ditelaah dan disetujui oleh Direksi Bank     This Sustainability Report has been reviewed and approved by Bank Raya’s
Raya, sebagai bentuk akuntabilitas atas kebenaran dan kelengkapan            Board of Directors as a form of accountability for the accuracy and
informasi yang diungkapkan. Ke depan, Bank Raya secara bertahap akan         completeness of the information disclosed. Going forward, Bank Raya will
mempertimbangkan penerapan penjaminan eksternal sebagai bagian               gradually consider the implementation of external assurance as part of
dari peningkatan kredibilitas pelaporan keberlanjutan.                       efforts to enhance the credibility of its sustainability reporting.



Peran Organ Tata Kelola Tertinggi
Role of the Highest Governance Body [GRI 2-14]

Direksi Bank Raya memiliki peran dan tanggung jawab dalam menelaah           Bank Raya’s Board of Directors has the role and responsibility to review and
dan menyetujui Laporan Keberlanjutan, termasuk pengungkapan topik            approve the Sustainability Report, including the disclosure of material topics
material dan informasi kinerja keberlanjutan utama. Proses penelaahan        and key sustainability performance information. The review process includes
dilakukan melalui evaluasi atas kelengkapan, konsistensi, serta kesesuaian   an evaluation of the completeness, consistency, and compliance of the
laporan dengan regulasi dan standar pelaporan yang berlaku.                  report with applicable regulations and reporting standards.




                                                                                     Laporan Tahunan & Laporan Keberlanjutan
                                                                                                  Annual Report & Sustainability Report   2025 519
Page 520
        Ikhtisar Kinerja                       Laporan Manajemen                   Profil Perusahaan                   Tinjauan Pendukung Bisnis
        Performance Highlights                 Management Report                   Company Profile                     Overview of Business Support Units




Persetujuan Direksi menjadi bagian dari mekanisme tata kelola Bank Raya      The approval by the Board of Directors forms part of Bank Raya’s governance
untuk memastikan bahwa Laporan Keberlanjutan telah mencerminkan              mechanism to ensure that the Sustainability Report accurately and responsibly
kinerja dan dampak keberlanjutan Bank Raya secara akurat dan bertanggung     reflects Bank Raya’s sustainability performance and impacts.
jawab.



Proses Penentuan Topik Material
Process for Determining Material Topics [GRI 3-1]

Bank Raya menentukan topik material melalui proses yang terstruktur dan      Bank Raya determines its material topics through a structured and ongoing
berkelanjutan dengan mempertimbangkan dampak aktual dan potensial,           process that considers actual and potential impacts, both positive and
baik positif maupun negatif, terhadap aspek ekonomi, lingkungan, dan         negative, on economic, environmental, and social aspects, including impacts
sosial, termasuk dampak terhadap hak asasi manusia.                          on human rights.

Proses penentuan topik material meliputi:                                    The process for determining material topics includes:
1. Identifikasi dampak melalui desktop research, kajian regulasi, praktik    1. Identification of impacts through desktop research, regulatory reviews,
    industri perbankan, serta analisis aktivitas dan hubungan bisnis Bank;       banking industry practices, and analysis of the Bank’s activities and
                                                                                 business relationships;
2.   Penilaian signifikansi dampak berdasarkan tingkat keparahan dan         2. Assessment of impact significance based on the severity and likelihood
     kemungkinan terjadinya dampak;                                              of impacts;
3.   Prioritisasi topik melalui diskusi internal lintas fungsi;              3. Prioritisation of topics through cross-functional internal discussions;
4.   Validasi dan persetujuan manajemen.                                     4. Validation and management approval.

Dalam proses ini, Bank Raya mempertimbangkan pandangan dan masukan           In this process, Bank Raya takes into account the views and inputs of internal
dari pemangku kepentingan internal, termasuk manajemen dan unit kerja        stakeholders, including management and relevant work units, and refers
terkait, serta mengacu pada ekspektasi regulator dan standar keberlanjutan   to regulatory expectations and applicable sustainability standards.
yang relevan.

Pada tahun 2025, Bank Raya melakukan pembagian kuesioner kepada              In 2025, Bank Raya distributed questionnaires to stakeholders, including
pemangku kepentingan yang mencakup pemegang saham/investor/                  shareholders/investors/analysts, customers, management and internal
analis, nasabah, manajemen dan karyawan internal, regulator dan otorias,     employees, regulators and authorities, business partners and strategic
mitra bisnis dan vendor strategis, masyarakat, asosiasi dan organisasi       vendors, the community, industry associations and organizations, academics,
industri, akademisi, praktisi, dan media.                                    practitioners, and the media.



Daftar Topik Material
List of Material Topics [GRI 3-2]

Berdasarkan hasil pelibatan pemangku kepentingan melalui keusioner,          Based on the results of stakeholder engagement through questionnaires,
terdapat perubahan topik material dari 9 topik menjadi 10 topik material     there has been a change in material topics from 9 topics to 10 material
sebagai berikut:                                                             topics as follows:

Topik material Bank Raya untuk tahun 2025 meliputi:                          Bank Raya's material topics for 2025 include:
1. Tata Kelola Perusahaan yang Baik (GCG)                                    1. Good Corporate Governance (GCG)
2. Kepatuhan terhadap Peraturan dan Etika Bisnis                             2. Compliance with Regulations and Business Ethics
3. Manajemen Risiko dan Pengendalian Internal                                3. Risk Management and Internal Control
4. Kinerja Keuangan dan Keberlanjutan Bisnis                                 4. Financial Performance and Business Sustainability
5. Perlindungan Data Pribadi dan Keamanan Siber                              5. Personal Data Protection and Cybersecurity
6. Keandalan Sistem Teknologi Informasi                                      6. Information Technology System Reliability
7. Kualitas Layanan dan Pengalaman Nasabah                                   7. Service Quality and Customer Experience
8. Perlindungan dan Edukasi Konsumen                                         8. Consumer Protection and Education
9. Inovasi Produk dan Layanan Perbankan Digital                              9. Digital Banking Product and Service Innovation
10. Transparansi dan Kualitas Keterbukaan Informasi                          10. Transparency and Quality of Information Disclosure




520 PT Bank Raya Indonesia Tbk
Page 521
       Analisis dan Pembahasan Manajemen                                                                                   Tata Kelola Perusahaan                                Laporan Keberlanjutan                               Laporan Keuangan Audit
       Management Discussion and Analysis                                                                                  Good Corporate Governance                             Sustainability Report                               Audited Financial Report




Matriks Topik Material                                                                                                                                        Material Topic Matrix

                                                                                                                                     Matriks Topik Material Bank Raya
                                                                                                                                     Material Topic Matrix Bank Raya
                                                                          5.0




                                                                          4.5

                                                                                                                                                                                                       Inovasi Digital | Digital Innovation
               Kepentingan Pemangku Kepentingan | Stakeholder Interests




                                                                                                                                                                                                              Kinerja Keuangan |
                                                                                                                                                                                                              Financial Performance




                                                                          4.0
                                                                                                                                                               Keluhan Nasabah | Customer Complaints
                                                                                                                                                         Inklusi Keuangan | Financial Inclusion
                                                                                                                                                               Kompetensi SDM | HR Competence
                                                                                                                                                    K3 & Kesejahteraan | Occupational Health and Safety
                                                                                                                                                         Budaya & Integritas | Culture and Integrity
                                                                          3.5
                                                                                                                                               Keberagaman
                                                                                                                                                       Literasi
                                                                                                                                                            | Diversity
                                                                                                                                                                Keuangan | Financial Literacy
                                                                                                                                                    Pemberdayaan UMKM | Empowerment of MSMEs




                                                                          3.0

                                                                                                     Lingkungan Operasional | Operational Environment


                                                                                                                Hak Pemegang Saham | Shareholder Rights

                                                                          2.5




                                                                          2.0
                                                                                2.0               2.5                         3.0                     3.5                        4.0                       4.5                           5.0
                                                                                                                           Dampak terhadap Perseroan | Impact on the Company



Pengelolaan Topik Material
Material Topics Management [GRI 3-3]


                                                                                                                                                                                                          Pemantauan                           Peran Pemangku
                                                                                                                             Kebijakan dan Komitmen
        Daftar Topik Material                                                         Dampak dan Keterlibatan                                                     Aksi Pengelolaan                         Efektivitas                           Kepentingan
 No.                                                                                                                                Policies and
        List of Material Topics                                                        Impact and Involvement                                                    Management Actions                       Effectiveness                          Stakeholders
                                                                                                                                   Commitments
                                                                                                                                                                                                           Monitoring                            Engagement

 1.    Tata Kelola Perusahaan                                                         Penerapan GCG yang efektif            Bank berkomitmen                   Penguatan struktur tata             Evaluasi berkala terhadap            Pemangku kepentingan
       yang Baik (GCG)                                                                berdampak langsung pada               menerapkan prinsip                 kelola, peran Dewan dan             penerapan GCG melalui                berperan melalui
                                                                                      kepercayaan pemangku                  transparansi, akuntabilitas,       Komite, serta kebijakan             self-assessment, audit               mekanisme pengawasan,
                                                                                      kepentingan, kualitas                 tanggung jawab,                    internal yang selaras               internal, dan pengawasan             masukan, dan penilaian
                                                                                      pengambilan keputusan, serta          independensi, dan                  dengan ketentuan                    Dewan Komisaris.                     terhadap praktik tata
                                                                                      keberlanjutan usaha Bank.             kewajaran secara konsisten.        regulator.                                                               kelola Bank.

       Good Corporate                                                                 Effective           GCG               The Bank is committed to           Strengthening governance            Periodic evaluation                  Stakeholders contribute
       Governance (GCG)                                                               implementation directly               consistently applying the          structures, Board and               through self-assessment,             through oversight
                                                                                      impacts stakeholder trust,            principles of transparency,        Committee roles, and                internal audits, and Board           mechanisms, feedback,
                                                                                      decision-making quality, and          accountability, responsibility,    internal policies aligned           of Commissioners’                    and evaluation of
                                                                                      the long-term sustainability          independence, and fairness.        with      regulatory                oversight.                           governance practices.
                                                                                      of the Bank.                                                             requirements.
 2.    Kepatuhan terhadap                                                             Kepatuhan menjaga                     Bank menjunjung tinggi             Sosialisasi kebijakan,              Monitoring kepatuhan                 Karyawan dan mitra bisnis
       Peraturan dan Etika                                                            reputasi, memitigasi risiko           kepatuhan terhadap                 pelatihan kepatuhan, serta          dilakukan melalui fungsi             berperan aktif dalam
       Bisnis                                                                         hukum, dan memastikan                 seluruh peraturan serta            penerapan sistem                    kepatuhan dan audit                  menjunjung etika dan
                                                                                      keberlangsungan                       kode etik bisnis.                  pelaporan pelanggaran.              internal.                            kepatuhan.
                                                                                      operasional.

       Compliance with                                                                Compliance safeguards                 The Bank upholds full              Policy dissemination,               Compliance monitoring                Employees and business
       Regulations and Business                                                       reputation, mitigates legal risks,    c o m p l i a n c e                compliance training, and            is conducted through                 partners actively uphold
       Ethics                                                                         and ensures operational               with applicable regulations        implementation of                   compliance and internal              ethical and compliance
                                                                                      continuity.                           and business ethics.               whistleblowing mechanisms.          audit functions.                     standards.




                                                                                                                                                                      Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                                                                                       Annual Report & Sustainability Report                   2025 521
Page 522
       Ikhtisar Kinerja                                 Laporan Manajemen                                    Profil Perusahaan                               Tinjauan Pendukung Bisnis
       Performance Highlights                           Management Report                                    Company Profile                                 Overview of Business Support Units




                                                                                                                                                  Pemantauan                   Peran Pemangku
                                                                    Kebijakan dan Komitmen
       Daftar Topik Material      Dampak dan Keterlibatan                                                  Aksi Pengelolaan                        Efektivitas                   Kepentingan
 No.                                                                       Policies and
       List of Material Topics     Impact and Involvement                                                 Management Actions                      Effectiveness                  Stakeholders
                                                                          Commitments
                                                                                                                                                   Monitoring                    Engagement

3.     Manajemen Risiko dan       Manajemen risiko yang             Bank menerapkan                     Identifikasi, pengukuran,           Dilakukan melalui              Seluruh insan Bank terlibat
       Pengendalian Internal      efektif melindungi Bank dari      manajemen risiko terintegrasi       pemantauan, dan                     pelaporan risiko dan           dalam pengelolaan risiko
                                  potensi kerugian dan              sesuai profil risiko dan            pengendalian risiko secara          evaluasi sistem                sesuai peran masing-
                                  ketidakpastian usaha.             ketentuan regulator.                berkelanjutan.                      pengendalian internal.         masing.

       Risk Management and        Effective risk management         The Bank implements                 Continuous        risk              Conducted through risk         All employees are involved
       Internal Control           protects the Bank from            integrated risk management          identification,                     reporting and internal         in risk management
                                  potential losses and business     in line with its risk profile and   measurement, monitoring,            control evaluations.           according to their
                                  uncertainties.                    regulations.                        and mitigation.                                                    respective roles.

4.     Kinerja Keuangan dan       Kinerja keuangan yang sehat       Bank berkomitmen                    Optimalisasi aset, efisiensi        Pemantauan dilakukan           emegang saham dan
       Keberlanjutan Bisnis       menjadi         fondasi           menjaga kinerja keuangan            operasional, dan                    melalui indikator kinerja      regulator berperan dalam
                                  keberlanjutan dan                 yang prudent dan                    pengembangan sumber                 keuangan dan evaluasi          pengawasan kinerja
                                  pertumbuhan Bank.                 berkelanjutan.                      pendapatan berkelanjutan.           manajemen.                     keuangan.

       Financial Performance      Sound financial performance       The Bank is committed to            Asset optimization,                 Monitoring through             Shareholders and
       and       Business         underpins sustainability and      prudent and sustainable             operational efficiency, and         financial performance          regulators play a
       Sustainability             growth.                           financial performance.              development of sustainable          indicators       and           supervisory role over
                                                                                                        revenue streams.                    management reviews.            financial performance.


5.     Perlindungan Data          Perlindungan data krusial         Bank berkomitmen                    Implementasi sistem                 Uji keamanan dan               Nasabah dan karyawan
       Pribadi dan Keamanan       untuk menjaga kepercayaan         menjaga kerahasiaan dan             keamanan, kontrol akses,            evaluasi insiden               berperan dalam menjaga
       Siber                      nasabah dan stabilitas            keamanan data sesuai                dan edukasi keamanan                dilakukan secara               kerahasiaan data.
                                  operasional.                      regulasi.                           informasi.                          berkala.

       Personal Data Protection   Data protection is critical to    The Bank is committed to            Implementation of security          Regular security testing and   Customers and employees
       and Cybersecurity          maintaining customer trust        safeguarding data                   systems, access controls,           incident evaluations.          contribute to data
                                  and operational stability.        confidentiality and security.       and information security                                           confidentiality.
                                                                                                        awareness.
6.     Keandalan Sistem           Keandalan sistem teknologi        Bank berkomitmen                    Penguatan arsitektur sistem,        Kinerja sistem dipantau        Karyawan dan mitra
       Teknologi Informasi        informasi berpengaruh             menyediakan infrastruktur           pemeliharaan berkala, serta         melalui indikator              teknologi berperan dalam
                                  langsung terhadap                 teknologi informasi yang            penerapan rencana                   ketersediaan layanan,          memastikan operasional
                                  kelangsungan operasional,         andal, aman, dan                    pemulihan bencana untuk             waktu respons, dan             sistem berjalan sesuai
                                  keamanan transaksi, serta         berkelanjutan.                      meminimalkan gangguan               tingkat insiden sistem.        standar yang ditetapkan.
                                  kualitas layanan digital Bank.                                        layanan.

       Information Technology     The reliability of information    The Bank is committed to            Strengthening system                System performance is          Employees and technology
       System Reliability         technology systems directly       providing reliable, secure,         architecture, conducting            monitored through              partners play a role in
                                  affects operational continuity,   and sustainable information         regular maintenance, and            service availability           ensuring system operations
                                  transaction security, and the     technology infrastructure.          implementing disaster               indicators, response           meet established
                                  quality of the Bank’s digital                                         recovery plans to minimize          times, and incident rates.     standards.
                                  services.                                                             service disruptions.
7.     Kualitas Layanan dan       Kualitas layanan dan              Bank berkomitmen                    Pengembangan standar                Evaluasi kualitas layanan      Nasabah berperan
       Pengalaman Nasabah         pengalaman nasabah                memberikan layanan yang             layanan, pemanfaatan                dilakukan melalui survei       memberikan umpan balik
                                  memengaruhi tingkat               aman, andal, dan                    teknologi digital, serta            kepuasan nasabah dan           sebagai dasar peningkatan
                                  kepuasan, loyalitas, dan          berorientasi pada                   peningkatan kompetensi              analisis pengaduan.            kualitas layanan Bank.
                                  kepercayaan terhadap Bank.        kebutuhan nasabah.                  layanan frontliner dan
                                                                                                        fungsi pendukung.

       Service Quality and        Service quality and customer      The Bank is committed to            Development of service              Service quality is             Customers provide feedback
       Customer Experience        experience influence              delivering secure, reliable, and    standards, utilization of digital   evaluated through              that serves as the basis for
                                  satisfaction levels, loyalty,     customer-centric services.          technology,               and       customer satisfaction          service improvement.
                                  and trust in the Bank.                                                enhancement of frontline and        surveys and complaint
                                                                                                        support staff competencies.         analysis.




522 PT Bank Raya Indonesia Tbk
Page 523
      Analisis dan Pembahasan Manajemen                             Tata Kelola Perusahaan                         Laporan Keberlanjutan                      Laporan Keuangan Audit
      Management Discussion and Analysis                            Good Corporate Governance                      Sustainability Report                      Audited Financial Report




                                                                                                                                        Pemantauan                 Peran Pemangku
                                                                     Kebijakan dan Komitmen
       Daftar Topik Material     Dampak dan Keterlibatan                                              Aksi Pengelolaan                   Efektivitas                 Kepentingan
No.                                                                         Policies and
       List of Material Topics    Impact and Involvement                                             Management Actions                 Effectiveness                Stakeholders
                                                                           Commitments
                                                                                                                                         Monitoring                  Engagement

8.    Perlindungan               Perlindungan dan edukasi            Bank berkomitmen              Penyediaan informasi            Efektivitas perlindungan    Nasabah dan regulator
      dan Edukasi Konsumen       konsumen meningkatkan               menjalankan prinsip           produk yang transparan,         konsumen dipantau           berperan dalam
                                 pemahaman nasabah serta             perlindungan konsumen         mekanisme pengaduan,            melalui penyelesaian        memastikan pelaksanaan
                                 meminimalkan risiko                 sesuai ketentuan regulator.   serta program literasi          pengaduan dan evaluasi      perlindungan konsumen
                                 kerugian dan sengketa.                                            keuangan.                       kepatuhan.                  berjalan efektif.

      Consumer Protection        Consumer protection and             The Bank is committed to      Provision of transparent        Consumer protection         Customers and regulators
      and Education              education enhance customer          implementing consumer         product information,            effectiveness is            play a role in ensuring
                                 understanding and reduce            protection principles in      complaint handling              monitored through           effective consumer
                                 the risk of losses and disputes.    accordance with regulatory    mechanisms, and financial       complaint resolution and    protection implementation.
                                                                     requirements.                 literacy programs.              compliance evaluations.
9.    Inovasi Produk dan         Inovasi digital mendukung           Bank berkomitmen              Pengembangan produk             Inovasi dipantau melalui    Nasabah               dan
      Layanan Perbankan          daya saing, perluasan               mengembangkan inovasi         digital, optimalisasi           tingkat adopsi produk,      mitra teknologi berkontribusi
      Digital                    layanan, dan pertumbuhan            yang aman, relevan, dan       platform, serta kolaborasi      performa layanan, dan       dalam pengembangan dan
                                 bisnis Bank.                        berorientasi pada             dengan mitra teknologi.         umpan balik nasabah.        penyempurnaan inovasi
                                                                     kebutuhan nasabah.                                                                        digital.

      Digital Banking Product    Digital innovation supports         The Bank is committed to      Development of digital          Innovation effectiveness    Customers and technology
      and Service Innovation     competitiveness, service            developing safe, relevant,    products, platform              is monitored through        partners contribute to the
                                 expansion, and business             and customer-oriented         optimization, and               product adoption rates,     development and
                                 growth.                             innovations.                  collaboration with technology   service performance, and    refinement of digital
                                                                                                   partners.                       customer feedback.          innovations.
10.   Transparansi               Transparansi informasi              Bank berkomitmen              Penyampaian keterbukaan         Kualitas keterbukaan        Pemangku kepentingan
      dan      Kualitas          memperkuat kepercayaan              menyediakan informasi         informasi melalui kanal         informasi dievaluasi        berperan dalam
      Keterbukaan Informasi      pemangku kepentingan dan            yang akurat, tepat waktu,     resmi serta pengelolaan         melalui kepatuhan           memberikan masukan atas
                                 mendukung pengambilan               dan dapat diakses oleh        komunikasi perusahaan           terhadap regulasi dan       kualitas dan kelengkapan
                                 keputusan yang tepat.               pemangku kepentingan.         secara terintegrasi.            masukan pemangku            informasi         yang
                                                                                                                                   kepentingan.                disampaikan Bank.

      Transparency               Information transparency            The Bank is committed to      Disclosure of information       Information disclosure      Stakeholders provide
      and Quality of             strengthens stakeholder trust       providing accurate, timely,   through official channels       quality is evaluated        feedback on the quality
      Information Disclosure     and supports informed               and accessible information    and integrated corporate        through regulatory          and completeness of the
                                 decision-making.                    to stakeholders.              communication                   compliance and              Bank’s disclosures.
                                                                                                   management.                     stakeholder feedback.




                                                                                                         Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                       Annual Report & Sustainability Report       2025 523
Page 524
           Ikhtisar Kinerja                                      Laporan Manajemen                                    Profil Perusahaan                               Tinjauan Pendukung Bisnis
           Performance Highlights                                Management Report                                    Company Profile                                 Overview of Business Support Units




Ikhtisar Keberlanjutan
Sustainability Highlights

                                    Uraian                                                 Satuan
                                                                                                                           2025                           2024                                2023
                                  Description                                               Unit

 Aspek Ekonomi
 Economic Aspect
 Kredit yang Diberikan - Gross                                                     Rp juta                                 7.715.323                       7.125.951                              6.893.331
 Loans – Gross                                                                     Rp million
 [OJK B.1.a]
 Pendapatan Bunga                                                                                                          1.190.262                       1.045.261                                 890.959
 Interest Income
 [OJK B.1.b]
 Laba Bersih                                                                                                                (498.613)                          50.892                                 24.351
 Net Profit
 [OJK B.1.c]
 Pembayaran Pajak                                                                  Rp miliar                                       126                            121                                      98
 Tax Payment                                                                       Rp billion
 Produk Keuangan Berkelanjutan
 Sustainable Financial Product
 [OJK B.1.d]
        Jumlah Penyaluran Kredit pada Kegiatan Usaha yang                          Rp juta                                 3.664.014                       2.970.828                              2.691.645
        Memenuhi Kriteria Berkelanjutan                                            Rp million
        Total Lending to Business Activities that Meet Sustainability Criteria
 Jumlah Pemasok Lokal                                                              Perusahaan                                      104                            165                                    217
 Number of Local Supplier                                                          Company
 [OJK B.1.e]
 Aspek Lingkungan
 Environmental Aspect
 Penggunaan Energi
 Energy Consumption
 [B.2.a]
        Penggunaan BBM                                                             Liter                                       56.741                          30.087                                 42.401
        Fuel Consumption
        Penggunaan Listrik                                                         Kwh                                       748.156                       1.255.637                              1.148.917
        Electricity Consumption
 Penggunaan Air                                                                    m3                                           5.599                           6.182                                  6.754
 Water Consumption
 Pengelolaan Emisi*
 Emission Management
 [OJK F.11, F.12]
        Emisi GRK Cakupan 1                                                        TonCo2eq                                     1.431                             0,07                                   0,11
        Scope 1 GHG Emissions
        Emisi GRK Cakupan 2                                                        TonCo2eq                                        655                          1.173                                  1.073
        Scope 2 GHG Emissions
        Emisi GRK Cakupan 3                                                        TonCo2eq                                1.220.213                              N/A                                    N/A
        Scope 3 GHG Emissions
        Jumlah Emisi GRK                                                           TonCo2eq                                1.222.298                            1.173                                  1.073
        Total GHG Emissions
 Penambahan (Pegurangan) Emisi GRK                                                 TonCo2eq                                1.221.125                              100                                    208
 Addition (Reduction) GHG Emissions
 [OJK B.2.b][GRI 305-5]
 Jumlah Limbah                                                                     Ton                                            3,63                            3,72                                   4,19
 Total Waste
 Penambahan (Pegurangan) Jumlah Limbah                                             Ton                                          (0,09)                          (0,47)                                 (0,09)
 Addition (Reduction) Total Waste
 [OJK B.2.c]
 Pelestarian Keanekaragaman Hayati                                                 Program                      Sepanjang tahun 2025, Bank memperkuat komitmennya terhadap pelestarian lingkungan
 Biodiversity Preservation                                                         Program                      dan keanekaragaman hayati melalui pengelolaan area operasional yang bertanggung
 [OJK B.2.d]                                                                                                    jawab serta penerapan langkah pencegahan dampak pencemaran. Salah satu inisiatif
                                                                                                                nyata yang dilakukan adalah penanaman 3.500 pohon mangrove di kawasan Pantai
                                                                                                                Mangunharjo, Semarang, yang diresmikan pada 13 Juni 2025, sebagai upaya rehabilitasi
                                                                                                                ekosistem pesisir dan dukungan terhadap mitigasi perubahan iklim.

                                                                                                                Throughout 2025, the Bank strengthened its commitment to environmental protection
                                                                                                                and biodiversity conservation through responsible management of its operational areas
                                                                                                                and the implementation of measures to prevent pollution impacts. One of the tangible
                                                                                                                initiatives undertaken was the planting of 3,500 mangrove trees in the Mangunharjo
                                                                                                                coastal area, Semarang, inaugurated on June 13, 2025, as part of efforts to rehabilitate
                                                                                                                coastal ecosystems and support climate change mitigation.
 Aspek Sosial
 Social Aspect
 [OJK B.3]
 Jumlah Dana CSR                                                                   Rp juta                                         624                            752                                    365
 Total CSR Fund                                                                    Rp million
 Jumlah Karyawan                                                                   Orang                                           942                            883                                    927
 Number of Employees                                                               People
 Kepuasan Pelanggan                                                                Skala                                          4,65                            4,57                                   4,42
 Customer Satisfaction                                                             Scale

* Terdapat perbedaan metodologi penghitungan emisi GRK antara tahun 2025 dengan tahun sebelumnya. Pada tahun sebelumnya, penghitungan terbatas pada Cakupan 1 dan 2 menggunakan metode berbasis aktivitas,
  sedangkan pada tahun 2025 diperluas mencakup Cakupan 1, 2, dan 3 sesuai panduan OJK, termasuk emisi pembiayaan (financed emissions). Oleh karena itu, hasil emisi antar periode tidak sepenuhnya dapat dibandingkan
  secara langsung. Meskipun demikian, penghitungan emisi GRK keuangan pada tahun 2025 tetap menggunakan pendekatan sektor ekonomi prioritas sebagaimana tercantum dalam panduan CRMS OJK.
  There are differences in the GHG emission calculation methodology between 2025 and the previous year.In the previous year, the calculation was limited to Scopes 1 and 2 using the activity-based method, while
  in 2025 it was expanded to include Scopes 1, 2, and 3 in accordance with OJK guidelines, including financed emissions. Therefore, emission results between periods are not directly comparable. However, the
  calculation of financial GHG emissions in 2025 continues to use the priority economic sector approach as outlined in the OJK CRMS guidelines.


524 PT Bank Raya Indonesia Tbk
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        Analisis dan Pembahasan Manajemen                        Tata Kelola Perusahaan                                Laporan Keberlanjutan                  Laporan Keuangan Audit
        Management Discussion and Analysis                       Good Corporate Governance                             Sustainability Report                  Audited Financial Report




Strategi Keberlanjutan
Sustainability Strategy
[OJK A.1][GRI 2-22]


                                             Kerangka Environment, Social & Governance (ESG) Bank Raya
                                            Environment, Social & Governance (ESG) Framework of Bank Raya


                             ENVIRONMENT
        Sejauh mana aktivitas Bank Raya berdampak baik
                                                                          EE                                 G
                                                                                                             G
                                                                                                                                     GOVERNANCE
                                                                                                                                     Sistem tata kelola perusahaan yang baik mencakup
                                                                                                                                     seluruh kegiatan pengelolaan Bank untuk mewujudkan
   langsung maupun tidak langsung terhadap lingkungan.
   The extent to which Bank Raya's activities have a direct
                   or indirect impact on the environment.
                                                                                            SS                                       sustainable dan corporate finance yang baik.
                                                                                                                                     A good corporate governance system covers all
                                                                                                                                     management activities of the Bank to achieve
                                                                                                                                     sustainable and good corporate finance.

             Green Banking
                                                                                                                                            Product Governance

             Operational Efficiency
                                                                                                                                            Corporate Governance
                                                                                      SOCIAL
             Emission Carbon Management                                   Seluruh kegiatan Bank Raya berkaitan
                                                                      dengan hubungan Bank dengan pekerja, antar                            Business Ethics
                                                                      sesama pekerja, kondisi lingkungan kerja, dan
                                                                    posisi sosial Bank untuk lingkungan di sekitarnya.
                                                               All of Bank Raya's activities relate to the Bank's relationship
                                                              with its employees, between employees themselves, working                     Information System & Cyber Security
                                                                conditions, and the Bank's social position in relation to its
                                                                                 surrounding environment.


                                                               Human Capital                               Human Right


                                                               Financial Inclusion                         Corporate Social
                                                                                                           Responsibility




Keberlanjutan bagi Bank Raya adalah prinsip yang menyatu dalam arah                               For Bank Raya, sustainability is a guiding principle embedded in its business
bisnis dan pengambilan keputusan. Sebagai institusi keuangan, Bank Raya                           direction and decision-making process. As a financial institution, Bank Raya
menempatkan peran strategisnya untuk mendorong pertumbuhan yang                                   recognises its strategic role in fostering inclusive growth by balancing
inklusif, dengan memastikan keseimbangan antara kinerja finansial,                                financial performance with social responsibility and environmental
tanggung jawab sosial, dan kepedulian lingkungan. Fokus utama diarahkan                           stewardship. This commitment is reflected in the development of products
pada pengembangan produk dan layanan yang memperluas inklusi                                      and services designed to expand financial inclusion and provide broader
keuangan, membuka akses perbankan yang lebih merata bagi segmen                                   access to banking services for underserved communities.
masyarakat yang sebelumnya belum terlayani.

Bank Raya menerapkan kerangka Environment, Social, dan Governance                                 Bank Raya implements an Environmental, Social, and Governance (ESG)
(ESG) sebagai dasar dalam menjalankan kegiatan usaha yang berkelanjutan.                          framework as the foundation for conducting sustainable business activities.
Kerangka ini merupakan wujud komitmen keberlanjutan Bank Raya guna                                This framework reflects Bank Raya’s sustainability commitment to ensuring
memastikan bahwa seluruh aktivitas Perseroan tidak hanya berorientasi                             that all Company activities are not solely focused on financial performance,
pada kinerja keuangan, tetapi juga memperhatikan dampak terhadap                                  but also consider environmental and social impacts, as well as the
lingkungan, sosial, serta penerapan tata kelola perusahaan yang baik                              implementation of sound corporate governance through various initiatives.
melalui berbagai inisiatif.


Aspek Lingkungan                                                                                  Environmental Aspect
Aspek Lingkungan mencerminkan sejauh mana aktivitas Bank Raya                                     The Environmental Aspect reflects the extent to which Bank Raya’s activities
memberikan dampak terhadap lingkungan, baik secara langsung maupun                                impact the environment, both directly and indirectly. Bank Raya is committed
tidak langsung. Bank Raya berkomitmen untuk mendukung pelestarian                                 to supporting environmental conservation through responsible and sustainable
lingkungan melalui pengelolaan operasional yang bertanggung jawab                                 operational management, including the following initiatives:
dan berkelanjutan, antara lain melalui:
1. Green Banking                                                                                  1.    Green Banking
     Mendorong pembiayaan dan pendanaan berwawasan lingkungan,                                          Promoting environmentally oriented financing and funding, including
     termasuk melalui optimalisasi layanan digital untuk mengurangi                                     through the optimization of digital services to reduce the use of physical
     penggunaan sumber daya fisik berupa kertas dan energi.                                             resources such as paper and energy.
2. Operational Efficiency                                                                         2.    Operational Efficiency
     Mengimplementasikan efisiensi operasional melalui optimalisasi                                     Implementing operational efficiency by optimizing energy and resource
     penggunaan energi dan sumber daya, serta penerapan proses kerja                                    utilization, adopting more effective work processes, and using electric
     yang lebih efektif dan penggunaan kendaraan listrik untuk meminimalkan                             vehicles to minimize waste and emissions.
     limbah dan emisi.
3. Emission Carbon Management                                                                     3.    Carbon Emission Management
     Mengelola dan memantau emisi karbon dari aktivitas operasional                                     Managing and monitoring carbon emissions from Bank Raya’s operational
     Bank Raya melalui peningkatan efisiensi energi, pemanfaatan teknologi                              activities through improved energy efficiency, the use of environmentally
     ramah lingkungan, serta inisiatif pengurangan jejak karbon secara                                  friendly technologies, and ongoing carbon footprint reduction initiatives,
     berkelanjutan melalui pelestarian ekosistem melalui penanaman                                      including ecosystem preservation through mangrove planting.
     mangrove.



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        Ikhtisar Kinerja                         Laporan Manajemen                     Profil Perusahaan                     Tinjauan Pendukung Bisnis
        Performance Highlights                   Management Report                     Company Profile                       Overview of Business Support Units




Aspek Sosial                                                                     Social Aspect
Aspek Sosial mencakup seluruh kegiatan Bank Raya yang berkaitan dengan           The Social Aspect covers all Bank Raya activities related to the Company’s
hubungan perusahaan dengan pekerja dan masyarakat. Komitmen Bank                 relationships with employees and the community. The Bank’s commitment
diwujudkan melalui:                                                              is demonstrated through:
1. Human Capital                                                                 1. Human Capital
    Pengembangan kualitas sumber daya manusia melalui pelatihan,                      Enhancing the quality of human resources through training, competency
    peningkatan kompetensi, serta penciptaan lingkungan kerja yang                    development, and the creation of an inclusive, safe, and supportive
    inklusif, aman, dan mendukung kesejahteraan karyawan.                             work environment that promotes employee well-being.
2. Human Rights                                                                  2. Human Rights
    Penegakan penghormatan terhadap hak asasi manusia dalam seluruh                   Upholding respect for human rights across all operational activities,
    kegiatan operasional, termasuk perlindungan hak karyawan dan                      including the protection of employee rights and the implementation
    penerapan praktik ketenagakerjaan yang adil dan setara.                           of fair and equal labor practices.
3. Financial Inclusion                                                           3. Financial Inclusion
    Peningkatan akses layanan keuangan bagi masyarakat unbanked                       Expanding access to financial services for unbanked and underbanked
    dan underbanked melalui penyediaan produk dan layanan perbankan                   communities through the provision of accessible and affordable digital
    digital yang mudah diakses dan terjangkau.                                        banking products and services.
4. Tanggung Jawab Sosial Lingkungan                                              4. Corporate Social Responsibility
    Pelaksanaan program tanggung jawab sosial perusahaan yang                         Implementing corporate social responsibility programs focused on
    berfokus pada pilar sosial, lingkungan, ekonomi, serta hukum dan tata             pillars of social, environment, economy and law & governance.
    kelola.


Aspek Tata Kelola                                                                Governance Aspect
Aspek Tata Kelola mencerminkan penerapan sistem tata kelola perusahaan           The Governance Aspect reflects the implementation of sound corporate
yang baik untuk memastikan keberlangsungan usaha yang beretika,                  governance systems to ensure ethical, transparent, and accountable
transparan, dan akuntabel. Bank Raya memperkuat tata kelola melalui:             business sustainability. Bank Raya strengthens its governance through:
1. Product Governance                                                            1. Product Governance
     Memastikan produk dan layanan perbankan memenuhi standar                        Ensuring that banking products and services meet quality standards,
     kualitas, kepatuhan terhadap regulasi, serta perlindungan nasabah.              comply with regulations, and provide adequate customer protection.
2. Corporate Governance                                                          2. Corporate Governance
     Penerapan prinsip transparansi, akuntabilitas, responsibilitas,                 Applying the principles of transparency, accountability, responsibility,
     independensi, dan kewajaran dalam seluruh proses pengambilan                    independence, and fairness in all decision-making processes.
     keputusan.
3. Business Ethics                                                               3.   Business Ethics
     Penegakan etika bisnis, termasuk pencegahan praktik korupsi, gratifikasi,        Enforcing business ethics, including the prevention of corruption,
     dan benturan kepentingan.                                                        gratuities, and conflicts of interest.
4. Information System & Cyber Security                                           4.   Information Systems & Cyber Security
     Pengelolaan sistem informasi dan keamanan siber secara andal untuk               Managing information systems and cybersecurity reliably to protect
     melindungi data dan privasi nasabah, serta memitigasi risiko teknologi           customer data and privacy, as well as to mitigate information technology
     informasi.                                                                       risks.

Melalui kerangka ini, Bank Raya berupaya menciptakan nilai jangka                Through this framework, Bank Raya seeks to create long-term value that
panjang yang tidak hanya memperkuat ketahanan Perseroan, tetapi juga             reinforces the Bank’s resilience while delivering shared benefits for stakeholders
memberikan manfaat nyata bagi seluruh pemangku kepentingan dan                   and future generations.
generasi mendatang.



Nilai Keberlanjutan dan Komitmen Terhadap Pelaksanaan Keuangan Berkelanjutan
Sustainability Values and Commitment to Sustainable Finance Implementation

Kebijakan Merespons Tantangan dalam                                              Policy in Responding to Challenges of
Pemenuhan Strategi Keberlanjutan                                                 Sustainability Strategy Realization
[GRI 2-23, 2-24]                                                                 [GRI 2-23, 2-24]

Dalam menghadapi dinamika dan tantangan pemenuhan strategi                       In navigating the challenges of delivering its sustainability strategy, Bank
keberlanjutan, Bank Raya mengedepankan kebijakan yang menitikberatkan            Raya adopts policies that emphasise organisational capability building
pada penguatan kapabilitas internal dan ketangkasan organisasi dalam             and agility in responding to an evolving external landscape. Sustainability
merespons perubahan. Prinsip keberlanjutan diintegrasikan secara                 principles are embedded across operations and governance, ensuring that
menyeluruh ke dalam operasional dan tata kelola, memastikan bahwa                risk management, product development, and strategic decision-making
pengelolaan risiko, pengembangan produk, serta pengambilan keputusan             remain aligned with the Bank’s long-term economic, social, and environmental
strategis selaras dengan tujuan jangka panjang Perseroan di bidang               objectives.
ekonomi, sosial, dan lingkungan.




526 PT Bank Raya Indonesia Tbk
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       Analisis dan Pembahasan Manajemen               Tata Kelola Perusahaan                Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis              Good Corporate Governance             Sustainability Report                 Audited Financial Report




Menjawab tantangan sosial, Bank Raya mengarahkan kebijakannya pada           To address social challenges, Bank Raya focuses on expanding financial
perluasan inklusi keuangan melalui penyediaan akses perbankan yang           inclusion by providing broader and more relevant access to banking services.
lebih luas dan relevan. Pengembangan layanan pembiayaan bagi UMKM,           Financing solutions for MSMEs, supported by financial literacy programmes,
disertai program literasi keuangan, menjadi fondasi dalam mendorong          form the backbone of the Bank’s efforts to empower communities and
pemberdayaan ekonomi dan pertumbuhan yang lebih inklusif, sekaligus          promote more inclusive economic growth, reinforcing its role as a partner
memperkuat peran Bank sebagai mitra pembangunan masyarakat.                  in societal development.

Di sisi lingkungan, Bank Raya menerapkan kebijakan pembiayaan yang           From an environmental standpoint, BBank Raya implements financing
mendukung inisiatif ramah lingkungan dan pengelolaan risiko secara           policies that support environmentally friendly initiatives and responsible
bertanggung jawab. Upaya pengelolaan sumber daya yang efisien serta          risk management. Efficient resource management and the use of digital
pemanfaatan teknologi digital dilakukan untuk menekan dampak lingkungan      technologies are pursued to reduce environmental impact and carbon
dan emisi karbon. Edukasi kepada nasabah dan masyarakat terkait investasi    emissions. Education initiatives for customers and communities on sustainable
berkelanjutan turut menjadi bagian dari pendekatan Perseroan dalam           investment further reflect the Bank’s commitment to fostering shared
membangun kesadaran kolektif terhadap keberlanjutan.                         awareness of sustainability.

Dari perspektif internal, Bank Raya memandang sumber daya manusia            Internally, Bank Raya views its people as key drivers of the sustainability
sebagai penggerak utama strategi keberlanjutan. Penguatan kompetensi         agenda. Continuous capability development, a collaborative and innovative
melalui pelatihan berkelanjutan, pembentukan budaya kerja yang kolaboratif   work culture, and a strong commitment to diversity and inclusion underpin
dan inovatif, serta penerapan prinsip keberagaman dan inklusi menjadi        the creation of a resilient and future-ready organisation. Through these
landasan untuk menciptakan lingkungan kerja yang adaptif dan                 policies, Bank Raya reaffirms its commitment to responsible growth and
berkelanjutan. Melalui kebijakan ini, Bank Raya menegaskan komitmennya       the creation of long-term value for all stakeholders.
untuk bertumbuh secara bertanggung jawab, dengan dampak jangka
panjang bagi Perseroan dan seluruh pemangku kepentingan.


Penerapan Keuangan Berkelanjutan                                             Sustainable Finance Implementation
Penerapan keuangan berkelanjutan menjadi landasan dalam menciptakan          Sustainable finance implementation underpins the creation of long-term
nilai jangka panjang sekaligus memperkuat ketahanan bisnis, reputasi,        value while strengthening business resilience, reputation, and stakeholder
dan kepercayaan para pemangku kepentingan.                                   trust.

Penerapan keuangan berkelanjutan di Bank Raya didasarkan pada                The implementation of sustainable finance at Bank Raya is guided by the
beberapa prinsip utama berikut:                                              following key principles:
1. Kontribusi terhadap pembangunan berkelanjutan, melalui kinerja            1. Contribution to sustainable development, by aligning economic
   ekonomi yang sejalan dengan pelestarian lingkungan dan penguatan               performance with environmental preservation and positive social
   dampak sosial.                                                                 impact.
2. Penciptaan nilai tambah dan penguatan reputasi, dengan memastikan         2. Value creation and reputation enhancement, ensuring sustainable
   manfaat yang berkelanjutan bagi seluruh pemangku kepentingan.                  benefits for all stakeholders.
3. Integrasi manajemen risiko ESG, sebagai bagian dari penerapan             3. Integration of ESG risk management, in line with prudent banking
   prinsip kehati-hatian perbankan dalam pengelolaan risiko lingkungan,           principles covering environmental, social, and governance risks.
   sosial, dan tata kelola.
4. Pembukaan peluang bisnis berkelanjutan, termasuk pengembangan             4.    Expansion of sustainable business opportunities, including green finance
   kerja sama dan pendanaan green finance dengan lembaga nasional                  partnerships and funding with national and international institutions.
   maupun internasional.
5. Kepatuhan terhadap regulasi, dengan mengacu pada POJK Nomor               5.    Regulatory compliance, in accordance with POJK No. 51/POJK.03/2017
   51/POJK.03/2017 tentang Penerapan Keuangan Berkelanjutan bagi                   on the Implementation of Sustainable Finance for Financial Services
   Lembaga Jasa Keuangan, Emiten, dan Perusahaan Publik.                           Institutions, Issuers, and Public Companies.

Dalam operasional dan kegiatan bisnisnya, Bank Raya secara bertahap          Across its operations and business activities, Bank Raya has progressively
menyesuaikan tata kelola agar selaras dengan prinsip keuangan                aligned its governance with sustainable finance principles. The Bank has
berkelanjutan. Perseroan membentuk Tim Keuangan Berkelanjutan sebagai        established a dedicated Sustainable Finance Team responsible for
fungsi khusus yang bertanggung jawab atas pelaksanaan Rencana Aksi           implementing the Sustainable Finance Action Plan (RAKB). Through this
Keuangan Berkelanjutan (RAKB). Melalui fungsi ini, Bank mendorong            function, Bank Raya promotes cross-functional coordination and stakeholder
koordinasi lintas unit dan keterlibatan pemangku kepentingan guna            engagement to ensure that sustainable finance is implemented in a
memastikan implementasi keuangan berkelanjutan berjalan secara terarah,      structured, consistent, and impactful manner.
konsisten, dan berdampak nyata.




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        Ikhtisar Kinerja                         Laporan Manajemen                         Profil Perusahaan                    Tinjauan Pendukung Bisnis
        Performance Highlights                   Management Report                         Company Profile                      Overview of Business Support Units




                                                                                               MISSION
VISION                                                                                      Mengintegrasikan prinsip ramah lingkungan dalam
                                                                                            praktik operasional, layanan digital dalam pembiayaan
                                                                                 1          ekonomi yang berkelanjutan.
 Bank Digital Utama yang                                                                    Integrating environmentally friendly principles into
 Memberikan Solusi                                                                          operational practices and leveraging digital services to
 Keuangan Digital dengan                                                                    support sustainable economic financing.
 Akses Terluas bagi
 Masyarakat Indonesia
 Berlandaskan Prinsip                                                                               Memperluas aksess dan memberikan solusi
 Berkelanjutan.                                                                            2        keuangan digital bagi seluruh lapisan masyarakat.
                                                                                                    Expanding access and providing digital financial
 The Leading Digital Bank                                                                           solutions for all segments of society.
 Providing Digital Financial
 Solutions with the Widest Access
 for Indonesian People
                                                                                            Menerapkan governance, risk compliance dan prinsip
                                                                                 3          keberlanjutan dalam setiap aktivitas perbankan.
                                                                                            Implementing governance, risk, compliance, and
                                                                                            sustainability principles across all banking activities.




Komitmen Terhadap Penerapan Prinsip Keuangan Berkelanjutan
Commitment to Sustainable Finance Principles Implementation [GRI 2-23]

Komitmen Bank dalam melaksanakan prinsip-prinsip keuangan berkelanjutan              The Bank’s commitment to implementing sustainable finance principles is
merupakan penerapan dari prinsip Keuangan Berkelanjutan yang telah                   an application of the Sustainable Finance principles as outlined in OJK
dituangkan dalam Peraturan OJK No. 51/ POJK.03/2017 tentang Penerapan                Regulation No. 51/ POJK.03/2017 on Sustainable Finance Implementation
Keuangan Berkelanjutan bagi Lembaga Jasa Keuangan, Emiten, dan                       for Financial Services Institutions, Issuers and Public Companies.
Perusahaan Publik.

Berikut ini merupakan 8 (delapan) prinsip keuangan berkelanjutan Bank:               The following are the Bank’s 8 (eight) principles of sustainable finance:
1. Prinsip Investasi Bertanggung Jawab                                               1. Responsible Investment Principle
     Prinsip ini merupakan pendekatan investasi yang mempertimbangkan                    This is a risk-management strategy that incorporates economic, social,
     faktor ekonomi, sosial, lingkungan hidup, dan tata kelola dalam keputusan           environmental, and governance aspects into investment choices. We
     investasi yang bertujuan agar dapat mengelola risiko secara lebih baik.             put this theory into practice by offering loans that are ecologically
     Kami menerapkan prinsip ini melalui pemberian kredit ramah lingkungan,              beneficial yet call for certain paperwork. We also contribute to CSR
     yang mensyaratkan dokumen tertentu. Selain itu, kami juga berinvestasi              initiatives that take into account the economy, society, environment,
     pada program-program TJSL yang mempertimbangkan aspek ekonomi,                      and law & governance.
     sosial, lingkungan hidup, serta hukum dan tata kelola.
2. Prinsip Strategi dan Praktik Bisnis Berkelanjutan                                 2.   Sustainable Business Strategy and Practice Principle
     Kami menerapkan prinsip ini dengan menuangkannya pada kebijakan                      This idea is put into practice by incorporating it into the sustainability
     keberlanjutan yang dituangkan dalam RAKB (Rencana Aksi Keuangan                      policy outlined in the RAKB (Sustainable Financial Action Plan), which
     Berkelanjutan) yang menjadi landasan kami dalam menjalankan                          serves as the foundation for doing sustainable business within the
     bisnis berkelanjutan di operasional Bank.                                            operations of the Bank.
3. Prinsip Pengelolaan Risiko Sosial dan Lingkungan Hidup                            3.   Social and Environmental Risk Management Principle
     Kami telah memiliki prinsip kehati-hatian dalam mengukur risiko yang                 When assessing the risks that are addressed by the Company’s risk
     dikelola dalam sistem manajemen risiko perusahaan. Selain risiko-risiko              management system, we have followed the rule of caution. We assess
     keuangan, kami juga mengukur risiko sosial dan lingkungan hidup                      social and environmental risks associated with the Bank’s operational
     dari aktivitas operasi Bank, seperti dalam hal pemberian kredit atau                 operations, such as lending money or issuing loans, in addition to
     pinjaman. risiko sosial dan lingkungan hidup ini menjadi pertimbangan                financial risks. We take these social and environmental concerns into
     kami untuk memberikan pinjaman atau kredit pada usaha yang                           account when granting loans or lending to companies that directly
     bersentuhan langsung dengan aspek sosial dan lingkungan hidup,                       deal with these issues in order to prevent a detrimental effect on the
     sehingga tidak menimbulkan dampak negatif bagi kegiatan operasi                      Bank’s operations.
     Bank.
4. Prinsip Tata Kelola                                                               4.   Governance Principle
     Kami menerapkan tata kelola keberlanjutan (ekonomi, lingkungan                       We practice sustainable governance (economic, environmental, and
     dan sosial) yang dibangun berdasarkan prinsip-prinsip; transparansi,                 social), which is based on the values of openness, responsibility, and
     akuntabel, bertanggung jawab, independen, profesional, setara dan                    independence as well as professionalism, equality, and justice.
     wajar.
5. Prinsip Komunikasi yang Informatif                                                5.   Informative Communication Principle
     Kami menyediakan laporan yang informatif mencakup strategi, tata                     We provide stakeholders easy access to educational reports on the
     kelola, kinerja dan prospek Bank yang dapat dengan mudah diakses                     Bank’s strategy, governance, performance, and prospects through the
     oleh para stakeholder melalui situs web Bank https:// bankraya.co.                   Bank’s website, https:// bankraya.co.id/.
     id/.




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6.   Prinsip Inklusif                                                           6.   Inclusion Principle
     Bank menjamin ketersediaan dan keterjangkauan produk dan/atau                   The Bank ensures that easily accessible goods and/or services are
     jasa yang dapat dengan mudah diakses oleh konsumen kami. Bahkan                 both readily available and reasonably priced. In reality, we help the
     kami menyediakan penerapan praktik keuangan berkelanjutan yang                  greater community by implementing inclusive sustainable financial
     inklusif yang menjangkau masyarakat luas.                                       practices.
7.   Prinsip Pengembangan Sektor Unggulan Prioritas                             7.   Priority Leading Sector Development Principle
     Dalam menyusun program keberlanjutan, kami mempertimbangkan                     We take into account the key leading sectors that we have established
     sektor-sektor unggulan prioritas yang telah kami tetapkan dalam RAKB            in the Bank’s RAKB while developing the sustainability program to
     Bank. Hal ini kami lakukan untuk mendukung pencapaian tujuan                    support government initiatives in adopting sustainable finance principles
     pembangunan berkelanjutan dan mendukung program pemerintah                      and advancing the accomplishment of sustainable development
     dalam menerapkan prinsip keuangan berkelanjutan.                                goals.
8.   Prinsip Koordinasi dan Kolaborasi                                          8.   Guidelines for Collaboration and Coordination
     Kami aktif dalam forum/kegiatan/kerja sama terkait Bisnis Berkelanjutan,        In line with the Company’s sustainability strategy, we participate actively
     baik dalam tingkat regional/nasional/lokal, dalam rangka penyelarasan           in regional, national, and local forums, initiatives, and partnerships on
     strategi keberlanjutan perusahaan. Hal ini terlihat dari keanggotaan            sustainable business. This is evident from the Company’s involvement
     perusahaan pada perbanas, Forum Komunikasi Direktur Kepatuhan                   in organizations like perbanas, the Alternative Indonesian Banking
     Perbankan (FKDKP), Asosiasi Emiten Indonesia, Lembaga Alternatif                Dispute Resolution Institutions (LAPSPI), the Banking Compliance
     Penyelesaian Sengketa Perbankan Indonesia (LAPSPI), dll.                        Director Communication Forum (FKDKP), etc.



Membangun Budaya Keberlanjutan
Building a Culture of Sustainability [OJK F.1]

Keberlanjutan bagi Bank Raya adalah penerapan komitmen dalam                    For Bank Raya, sustainability means implementing its commitment to
memenuhi kebijakan. Selain untuk memenuhi kebijakan, keberlanjutan              complying with policies. In addition to complying with policies, sustainability
merupakan nilai yang tertanam dalam visi, misi dan cara Bank menjalankan        is a value embedded in the Bank's vision, mission, and business practices.
bisnis.

Pendekatan tersebut diwujudkan melalui praktik bisnis yang inovatif dan         This commitment is reflected in innovative and responsible business practices,
bertanggung jawab, dengan berpedoman pada regulasi nasional, standar            guided by national regulations, international standards, and the Bank’s
internasional, serta kebijakan internal Perseroan. Melalui pengelolaan yang     internal policies. Through sustainable management, Bank Raya responds
berkelanjutan, Bank Raya berupaya memenuhi ekspektasi pasar, dan                to market expectations and takes an active role in promoting inclusive and
mengambil peran aktif dalam mendorong pertumbuhan ekonomi yang                  adaptive economic growth.
inklusif dan adaptif terhadap perubahan.

Untuk memastikan prinsip keberlanjutan hidup di seluruh lini organisasi,        To ensure that sustainability principles are embedded across the organisation,
Bank Raya melibatkan seluruh insan Perseroan, dari manajemen hingga             Bank Raya actively engages its people at all levels, from senior management
pelaksana operasional, melalui berbagai inisiatif berikut:                      to operational staff, through the following initiatives:
1. Pengembangan produk dan layanan ramah lingkungan, baik simpanan              1. Development of environmentally friendly products and services, across
    maupun pembiayaan, yang selaras dengan Tujuan Pembangunan                        both savings and financing, aligned with the Sustainable Development
    Berkelanjutan (SDGs).                                                            Goals (SDGs).
2. Penguatan layanan perbankan digital, dengan fitur dan produk                 2. Enhancement of digital banking services, offering relevant features
    pembiayaan yang relevan guna memperluas akses dan mendorong                      and financing solutions to expand access and strengthen financial
    inklusi keuangan.                                                                inclusion.
3. Peningkatan kapabilitas karyawan, melalui program pelatihan untuk            3. Capability building for employees, through training programmes aimed
    mendorong perluasan basis nasabah berbasis layanan tabungan                      at expanding the customer base via digital savings services.
    digital.
4. Pemantauan dan evaluasi berkelanjutan, atas pelaksanaan RAKB di              4.   Ongoing monitoring and evaluation, of the Sustainable Finance Action
    seluruh divisi guna memastikan pencapaian target keberlanjutan.                  Plan (RAKB) implementation across divisions to ensure sustainability
                                                                                     targets are achieved.
5.   Penerapan budaya kerja ramah lingkungan (green office), melalui            5.   Promotion of a green office culture, through reduced plastic and paper
     pengurangan penggunaan plastik dan kertas, efisiensi energi, serta              usage, energy efficiency initiatives, and greater reliance on digital
     pemanfaatan sarana digital dalam aktivitas kerja sehari-hari.                   tools in daily operations.

Melalui upaya yang terintegrasi ini, Bank Raya Indonesia terus membangun        Through these integrated efforts, Bank Raya Indonesia continues to foster
budaya keberlanjutan yang kuat, menjadikan prinsip tersebut sebagai             a strong sustainability culture, embedding responsible practices into every
bagian tak terpisahkan dari operasional, serta mengarahkan Perseroan            aspect of its operations and steering the Bank towards resilient and
menuju pertumbuhan yang bertanggung jawab dan berkelanjutan.                    sustainable growth.



Strategi Pencapaian Target
Target Achievement Strategy

Untuk memastikan penerapan keuangan berkelanjutan berjalan secara               To ensure the effective and consistent implementation of sustainable
konsisten dan terarah, Bank Raya secara rutin menetapkan Rencana Aksi           finance, Bank Raya regularly formulates its Sustainable Finance Action
Keuangan Berkelanjutan (RAKB) setiap tahun. RAKB menjadi peta jalan             Plan (RAKB) on an annual basis. The RAKB serves as a strategic roadmap
strategis dalam mengintegrasikan prinsip keberlanjutan ke dalam proses          for embedding sustainability principles into decision-making processes
pengambilan keputusan dan praktik keuangan, sekaligus mendorong                 and financial practices, while driving the creation of long-term sustainable
penciptaan nilai jangka panjang yang berkesinambungan.                          value.




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         Performance Highlights                Management Report                   Company Profile                       Overview of Business Support Units




Tahun 2025 menandai tahun kelima implementasi keuangan berkelanjutan         The year 2025 marks Bank Raya Indonesia’s fifth year of implementing
Bank Raya Indonesia sesuai dengan POJK No. 51/POJK.03/2017. Dalam            sustainable finance in accordance with POJK No. 51/POJK.03/2017. During
periode ini, Bank secara aktif menyalurkan pembiayaan dengan pendekatan      this period, the Bank actively extended sustainable financing through its
berkelanjutan melalui produk Pinang (digital lending), skema channeling      Pinang digital lending product, channeling arrangements with external
bersama mitra eksternal, serta penguatan produk simpanan berbasis digital.   partners, and the strengthening of digital savings products. These initiatives
Inisiatif tersebut mencerminkan upaya Bank dalam memperluas akses            reflect the Bank’s commitment to expanding inclusive financial access
layanan keuangan yang inklusif, sekaligus memperkuat fondasi bisnis yang     while reinforcing responsible business practices.
bertanggung jawab.

Sejalan dengan strategi tersebut, Bank Raya menegaskan komitmennya           Aligned with this strategy, Bank Raya continues to embed sustainability
untuk menanamkan prinsip keberlanjutan di seluruh aspek operasional          principles across all operational aspects and organisational levels. By
dan tingkatan organisasi. Melalui pembangunan budaya keberlanjutan           fostering a sustainability-driven culture that engages all employees, from
yang melibatkan seluruh insan Perseroan dari staf hingga manajemen           staff to senior management, the Bank ensures that the achievement of
Bank memastikan bahwa pencapaian target keberlanjutan tidak hanya            sustainability targets is both integrated and enduring.
bersifat struktural, tetapi juga terinternalisasi secara menyeluruh dan
berkelanjutan.



Rencana Aksi Keuangan Berkelanjutan
Sustainable Finance Action Plan

Bank Raya meyakini bahwa penerapan prinsip keuangan berkelanjutan            Bank Raya believes that the consistent application of sustainable finance
secara konsisten merupakan fondasi penting dalam menciptakan dampak          principles plays a vital role in generating positive impacts on both the
positif bagi perekonomian dan lingkungan. Keyakinan tersebut diterjemahkan   economy and the environment. This belief is translated into a structured
ke dalam strategi yang terarah dan terintegrasi, guna mewujudkan visi        and integrated strategy aimed at delivering the Bank’s sustainable finance
dan misi keberlanjutan Perseroan secara berkesinambungan.                    vision and mission in a sustainable manner.

Strategi keberlanjutan Bank Raya dirumuskan dalam Rencana Aksi Keuangan      Bank Raya’s sustainability strategy is articulated through its Sustainable
Berkelanjutan (RAKB), yang telah disusun dan diterbitkan secara konsisten    Finance Action Plan (RAKB), which has been consistently developed and
sejak tahun 2019. Dokumen ini berfungsi sebagai kerangka kerja strategis     published since 2019. The RAKB serves as a strategic framework to ensure
untuk memastikan implementasi keuangan berkelanjutan berjalan efektif,       that sustainable finance implementation is effective, measurable, and
terukur, dan selaras dengan arah pengembangan bisnis Bank.                   aligned with the Bank’s overall business direction.

Dalam kerangka RAKB hingga tahun 2025, Bank Raya menetapkan tujuan           Under the RAKB roadmap through 2025, Bank Raya has established long-
jangka panjang untuk memperkuat ketahanan dan daya saing di tengah           term objectives to enhance resilience and competitiveness amid an
dinamika industri perbankan yang terus berkembang. Berbagai inisiatif        increasingly dynamic banking landscape. A range of sustainability initiatives
keberlanjutan dijalankan dengan fokus pada pencapaian target strategis,      are pursued with a focus on achieving strategic targets, while strengthening
sekaligus memperkuat kesiapan Bank dalam merespons tantangan global.         the Bank’s readiness to navigate global industry challenges. Throughout
Sepanjang tahun 2025, Bank Raya mencatat sejumlah capaian penting            2025, Bank Raya recorded key milestones and set new targets that will
serta menetapkan target-target lanjutan yang akan menjadi pijakan dalam      further reinforce its sustainable finance implementation in the years ahead.
memperkuat penerapan keuangan berkelanjutan ke depan.


                                                                  Aspek Lingkungan
                                                                 Environmental Aspect


     Green Banking

1.    Meningkatkan pencapaian UMKM & digital lending                         1.   Enhancing MSME and Digital Lending Performance
      a. UMKM tercapai Rp2.584,41M (119,62%) dari total target Rp2.160,57M        a. MSME financing reached Rp2,584.41 billion (119.62%) against a
         (total penyaluran UMKM sudah termasuk segmen digital saving                  total target of Rp2,160.57 billion (total MSME disbursement includes
         (Dana Talangan).                                                             the digital savings segment, (Dana Talangan).
      b. Pinang flexi tercapai Rp946,46M (79,26%) dari target Rp1.194,20M.        b. Pinang Flexi reached Rp946,46 billion (79,26%) against a total
                                                                                      target of Rp1.194,20 billion.
      Sehingga total pencapaian umkm dan digital lending Rp3.530,87M              Overall, the combined achievement of the MSME and Digital Lending portfolios
      (105,25%) dari total target Rp3.354,77M.                                    amounted to Rp3,530.87 billion, representing 105.25% of the total target of
                                                                                  Rp3,354.77 billion.

      Selain itu, sektor ekonomi Pengelolaan Sumber Daya Alam Hayati              In addition, total financing allocated to the Sustainable Management
      dan Penggunaan Lahan yang Berkelanjutan tercapai Rp1.079,60M                of Biological Natural Resources and Land Use sector reached Rp1,079.60
      (131,61%) dari total target Rp820,30M.                                      billion, representing 131.61% of the total target of Rp820.30 billion

2.    Digital saving tercapai Rp2.206,12M (127,02%) dari total target        2.   Digital savings reached Rp2,206.12 billion (127.02%) against a total
      Rp1.736,83M.                                                                target of Rp1,736.83 billion.
3.    Kepemilikan green bond tercapai Rp103M (137,33%) dari total target     3.   Green bond holdings reached Rp103 billion (137.33%) against a total
      Rp75M.                                                                      target of Rp75 billion.




530 PT Bank Raya Indonesia Tbk
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         Management Discussion and Analysis             Good Corporate Governance              Sustainability Report                Audited Financial Report




                                Penanggung Jawab                                    01               02
                                  Unit in Charge                                    NO POVERTY        ZERO HUNGER


                              CMG, CBD, SLP, RBO, TRY



                                      Status


                    100% terimplementasi I fully implemented




     Operational Efficiency


4.  Sampai dengan posisi Desember 2025, pemakaian listrik sebesar             4.  As of December 2025, electricity consumption totaled 748,156 kWh,
    748.156 kWh, turun sekitar 40,41% dibandingkan periode yang sama              representing a decrease of approximately 40.41% compared to the
    tahun sebelumnya yaitu 1.255.637 kWh.                                         same period in the previous year, which stood at 1,255,637 kWh.
5. Sampai dengan posisi Desember 2025, pemakaian kertas sebesar               5. As of December 2025, paper consumption amounted to 1,395 reams,
    1.395 rim, turun sekitar 2,45% dibandingkan periode yang sama tahun           reflecting a decline of approximately 2.45% compared to the same
    sebelumnya yaitu 1.430 rim.                                                   period in the previous year, which was 1,430 reams.
6. Peletakkan tanaman hias yang memiliki manfaat kesehatan telah              6. The placement of ornamental plants with health benefits has been
    dilakukan di Kantor Pusat dan seluruh Community Branch.                       implemented at the Head Office and across all Community Branches.
7. Tempat sampah terpilah untuk mengakomodir pengkasifikasian jenis           7. Segregated waste bins to support waste classification by type have
    sampah telah terdistribusi ke seluruh Community Branch.                       been distributed to all Community Branches.
8. Pembaruan infrastruktur unit kerja telah selesai diimplementasikan         8. The upgrading of work unit infrastructure has been fully implemented
    di Community Branch Semarang.                                                 at the Semarang Community Branch.
9. Rayment telah digunakan di seluruh unit kerja (23 Community                9. Rayment has been implemented across all work units (23 Community
    Branch).                                                                      Branches).
10. Sampai dengan posisi Desember 2025, Bank Raya telah memberikan            10. As of December 2025, Bank Raya has distributed tumblers to all new
    tumbler kepada seluruh pekerja baru sebanyak 108 pekerja (100%).              employees, totaling 108 employees (100%).
11. Sampai dengan tahun 2025, Bank Raya telah memiliki 1 unit sepeda          11. As of 2025, Bank Raya owns one electric motorcycle located at the
    motor listrik yang berlokasi di Community Branch Malang dan telah             Malang Community Branch and has purchased one electric vehicle
    dilakukan pembelian 1 unit mobil listrik untuk mendukung kegiatan             to support operational activities at the Head Office. This program has
    operasional di Kantor Pusat. Program ini belum sepenuhnya terlaksana          not yet been fully implemented due to regional conditions at certain
    karena terkendala kondisi wilayah Community Branch dan ketersediaan           Community Branches and the limited availability of charging
    fasilitas pengisian daya.                                                     infrastructure.

                                Penanggung Jawab
                                  Unit in Charge


                                  HCP, FAM, COP



                                      Status


                    100% terimplementasi I fully implemented




     Emission Carbon Management


12. Perhitungan emisi carbon telah dilaporkan ke OJK pada bulan Agustus       12. Carbon emission calculations were reported to the Financial Services
    2025.                                                                         Authority (OJK) in August 2025.

                                Penanggung Jawab
                                  Unit in Charge


                                  ERM, CBD, FAM



                                      Status


                    100% terimplementasi I fully implemented



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                                                                        Aspek Sosial
                                                                        Social Aspect



  Human Capital


13. Melaksanakan sertifikasi mandatory sesuai kompetensi, diantaranya:          13. Mandatory certification programs were implemented in accordance
                                                                                    with employee competencies, including:
    a.    Sertifikasi BSMR diikuti oleh 547 pekerja dari total 524 pekerja.         a. BSMR Certification, completed by 547 employees out of a total
                                                                                         of 524 employees.
    b. Sertifikasi SPPUR sudah terpenuhi semua (513 pekerja).                       b. SPPUR Certification, fully completed by 513 employees.
    c. Sertifikasi Audit sudah terpenuhi semua (10 pekerja).                        c. Audit Certification, fully completed by 10 employees.
    d. Sertifikasi Treasury sudah terpenuhi semua (15 pekerja).                     d. Treasury Certification, fully completed by 15 employees.
14. Telah dilaksanakan e-learning ESG (Februari 2025), Materi Raya              14. In addition, ESG capacity-building initiatives were carried out through
    Sharing Knowledge pada portal Jagat Raya tentang Hari Bumi dan                  ESG e-learning (February 2025), Raya Sharing Knowledge materials on
    keterkaitannya dengan RAKB (Juni 2025), video sosialisasi ESG yang              the Jagat Raya portal discussing Earth Day and its linkage to the RAKB
    ditayangkan melalui media sosial & risk awarenes (Juli 2025) dan                (June 2025), ESG socialization videos disseminated through social media
    seminar mengenai ESG & Climate Risk secara hybrid (Oktober 2025).               and risk awareness channels (July 2025), and a hybrid seminar on ESG
                                                                                    and Climate Risk (October 2025).

                                  Penanggung Jawab
                                    Unit in Charge


                                     HCP, ERM



                                       Status


                   100% terimplementasi I fully implemented




  Human Right


15. Terdapat komposisi 401 pekerja wanita dari total 942 pekerja (42,57%        15. There are 401 female employees out of a total of 942 employees,
    dari target 25%). Selan itu, terdapat pekerja wanita minimal 30% yang           representing 42.57%, exceeding the target of 25%. In addition, women
    memenuhi posisi middle up manager, terdiri dari:                                account for at least 30% of middle-to-upper management positions,
                                                                                    with the following composition:
    a.    BoD-1: 6 pekerja dari total 16 pekerja (37,50%).                          a. BoD-1: 6 employees out of 16 (37.50%).
    b.    BoD-2: 9 pekerja dari total 21 pekerja (42,86%).                          b. BoD-2: 9 employees out of 21 (42.86%).
    c.    BoD-3: 28 pekerja dari total 83 pekerja (33,73%).                         c. BoD-3: 28 employees out of 83 (33.73%).

16. Terselenggaranya fasilitas day care untuk 6 pekerja.                        16. A day care facility has been provided for six employees.
17. Telah diterbitkannya ketentuan SOP Manajemen Vendor No. SO: B.36/           17. In addition, Vendor Management SOP No. SO: B.36/PCP/DOP/09/2025
    PCP/DOP/09/2025 yang menambahkan poin Pakta Integritas bahwa                    has been issued, incorporating an Integrity Pact provision requiring
    vendor tidak mempekerjakan anak di bawah umur dan tidak                         vendors to not employ underage workers and to refrain from using
    menggunakan bahan berbahaya dalam melakukan pekerjaan.                          hazardous materials in carrying out their work.

                                  Penanggung Jawab
                                    Unit in Charge


                                   CMG, HCP, FAM



                                       Status


                   100% terimplementasi I fully implemented




532 PT Bank Raya Indonesia Tbk
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       Management Discussion and Analysis              Good Corporate Governance             Sustainability Report                 Audited Financial Report




  Financial Inclusion


18. Tingkat kepuasan nasabah tercapai skor 4,65 dari target 4,10.             18. Customer satisfaction achieved a score of 4.65, exceeding the target
                                                                                  of 4.10.
19. Telah dlakukan pembaruan ketentuan Standar Operasional Prosedur           19. In addition, Standard Operating Procedure (SOP) No. SO: B.43/PCP/
    (SOP) Data Protection Impact Analysis (DPIA) No. SO: B.43/PCP/                ERM/09/2025 on Data Protection Impact Analysis (DPIA) was updated
    ERM/09/2025 yang digunakan sebagai pedoman pelaksanaan kegiatan               and is used as a guideline for implementing DPIA activities, covering
    DPIA meliputi tahapan penyusunan dan peninjauan DPIA atas pemrosesan          the stages of preparing and reviewing DPIA for personal data processing.
    data pribadi, dengan perubahan meliputi:                                      The updates include:
    a. Penyesuaian alur penyusunan kebijakan dan prosedur.                        a. Adjustments to the workflow for policy and procedure development;
    b. Penyesuaian tugas dan tanggung jawab.                                      b. Revisions to roles and responsibilities; and
    c. Penyesuaian bab pengertian.                                                c. Updates to the definitions section.
20. Telah dlakukan pembaruan ketentuan Standar Operasional Prosedur           20. Standard Operating Procedure (SOP) No. SO. B.41/PCP/ERM/09/2025
    (SOP) Consent Management No. SO. B. 41/PCP/ERM/09/2025 sebagai                on Consent Management was updated as a guideline for managing
    panduan dalam mengelola persetujuan subjek data pribadi atas                  personal data subject consent related to data processing purposes
    tujuan pemrosesan yang dilakukan Bank, dengan perubahan meliputi:             carried out by the Bank. The updates include:
    a. Penyesuaian alur penyusunan kebijakan dan prosedur.                        a. Adjustments to the workflow for policy and procedure development;
    a. Penyesuaian tugas dan tanggung jawab.                                      b. Revisions to roles and responsibilities; and
    b. Penyesuaian bab pengertian.                                                c. Updates to the definitions section.

    Selain itu, telah dilakukan pembaruan pada pemberitahuan Privasi Umum         In addition, the General Privacy Notice for Bank Raya Services published
    (Privacy Notice) untuk Layanan Bank Raya yang tercantum pada website          on the Bank’s official website was updated to clarify that Bank Raya
    resmi Bank bahwa Bank Raya memproses data pribadi untuk penyediaan            processes personal data for the provision of banking services, transaction
    layanan perbankan, pelaksanaan transaksi, pengamanan sistem,                  execution, system security, complaint handling, and the fulfillment of
    penanganan keluhan, serta pemenuhan kewajiban hukum dan regulasi,             legal and regulatory obligations. Such processing is conducted in a
    yang dilakukan secara sah, terbatas, dan bertanggung jawab sesuai             lawful, limited, and accountable manner in accordance with applicable
    dengan ketentuan peraturan perundang-undangan yang berlaku.                   laws and regulations.
21. Telah diterbitkan Script Pedoman Jawaban Pengaduan Kebocoran              21. Guideline Script for Responding to Data Breach Complaints No. B.699/
    Data No B.699/DOP/DCI/08/2025 yang menjelaskan hal berikut:                   DOP/DCI/08/2025 was issued, outlining:
    a. Alur penanganan pengaduan nasabah apabila terdapat dugaan                  a. The complaint handling process when there is an alleged dissemination
         penyebaran data pribadi di media sosial/media lainnya.                        of personal data on social media or other platforms; and
    b. Alur penanganan pengaduam nasabah apabila terdapat                         b. The complaint handling process when customers receive bank
         penawaran produk Bank dari pihak lain tanpa persetujuan                       product offers from third parties without their consent.
         nasabah.
22. Terselenggara kegiatan Inspiraya melalui channel media sosial resmi       22. Inspiraya initiatives were conducted 36 times through Bank Raya’s
    Bank Raya sebanyak 36 kali (terselenggara 3 kali dalam sebulan dari           official social media channels (three times per month, exceeding the
    target 1 kali), dengan tujuan meningkatkan literasi keuangan masyarakat       target of once per month), with the aim of enhancing public financial
    agar lebih bijak dan berhati-hati dalam pengelolaan keuangan serta            literacy so that communities can manage their finances more wisely,
    memahami kemudahan akses layanan keuangan.                                    exercise greater caution, and better understand the ease of accessing
                                                                                  financial services.

                              Penanggung Jawab
                                Unit in Charge


                           DOP, ERM, PCP, EDM, CSC



                                     Status


                  100% terimplementasi I fully implemented




                                                                                      Laporan Tahunan & Laporan Keberlanjutan
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         Performance Highlights                 Management Report                   Company Profile                        Overview of Business Support Units




  Corporate Social Responsibility


23. Telah dilaksanakan 5 program binaan target 4 komunitas, diantaranya:      23. Five community development programs were implemented, exceeding
    a. CSR Sosial, berupa pemberian bantuan kepada masing-masing                  the target of four communities, including:
        RO BRI dan Kantor Pusat Bank Raya melalui kegiatan BRI Peduli             a. Social CSR, in the form of assistance provided to each BRI Regional
        bersama BRI Group (Maret 2025).                                                Office (RO) and the Bank Raya Head Office through the BRI Peduli
                                                                                       initiative in collaboration with the BRI Group (March 2025).
    b.    CSR Keagamaan, berupa pembangunan mushola beserta fasilitas             b. Religious CSR, involving the construction of a musholla along with
          pendukung serta peresmian klaster unggulan sentra kuliner                    supporting facilities, as well as the inauguration of the Jatiraras
          Jatiraras Sawarga, Bogor (Mei 2025).                                         Sawarga culinary center flagship cluster in Bogor (May 2025).
    c.    CSR Lingkungan, berupa peresmian program Pantura Green Belt             c. Environmental CSR, marked by the inauguration of the Pantura
          melalui kegiatan penanaman bakau bekerja sama dengan                         Green Belt program through a mangrove planting activity in
          BakauMu dan Kelompok Ngebruk Lestari (KENARI) di Pantai                      collaboration with BakauMu and the Ngebruk Lestari Group
          Mangunharjo, Semarang (Juni 2025).                                           (KENARI) at Mangunharjo Beach, Semarang (June 2025).
    d.    CSR Sarana dan Prasarana, berupa penyediaan fasilitas pendukung         d. Facilities and Infrastructure CSR, involving the provision of supporting
          serta pelaksanaan literasi keuangan dan branding Bank Raya                   facilities, as well as the implementation of financial literacy activities
          pada acara kuliner Srikana, Surabaya (Juli 2025).                            and Bank Raya branding at the Srikana culinary event in Surabaya
                                                                                       (July 2025).
    e.    CSR Sarana dan Prasarana, berupa penyediaan fasilitas pendukung         e. Facilities and Infrastructure CSR, involving the provision of supporting
          serta pelaksanaan literasi keuangan dan branding Bank Raya                   facilities, as well as the implementation of financial literacy activities
          pada acara kuliner Sidodadi, Semarang (Desember 2025).                       and Bank Raya branding at the Sidodadi culinary event in Semarang
                                                                                       (December 2025).
24. Penanaman mangrove telah dilaksanakan pada Juni 2025 dan disertai         24. Mangrove planting activities were carried out in June 2025 and were
    dengan pelaksanaan program campaign mission melalui Aplikasi                  accompanied by the implementation of a campaign mission program
    Raya.                                                                         through the Aplikasi Raya.

                                  Penanggung Jawab                                 01                 02
                                    Unit in Charge                                 NO POVERTY          ZERO HUNGER


                                       CSC



                                       Status


                   100% terimplementasi I fully implemented




                                                                    Aspek Tata Kelola
                                                                   Governance Aspects



  Product Governance



25. Telah dilaksanakan pengembangan produk, diantaranya:                      25. Product development initiatives were implemented, including:
    a. Program MVP (Mission VGNZA Program) telah dilaksanakan pada                a. The MVP Program (Mission VGNZA Program), conducted on April
        25–26 April dan 25–26 Mei 2025, dengan kampanye di Aplikasi                   25–26 and May 25–26, 2025, featuring campaigns on the Aplikasi
        Raya melalui misi top-up dan transaksi QRIS yang diikuti dengan               Raya through top-up and QRIS transaction missions, combined
        partisipasi penanaman mangrove.                                               with mangrove planting participation.
    b. Bank mendukung UMKM melalui program Free MDR QRIS serta                    b. The Bank supported MSMEs through the Free MDR QRIS program
        fitur Business Management yang telah tersedia di Saku Bisnis,                 and Business Management features available in Saku Bisnis. In
        pembayaran Multifinance dan PDAM telah tersedia di aplikasi                   addition, Multifinance and PDAM payments are now available in
        Raya, serta mengembangkan Pinang Dana Talangan sudah live                     the Aplikasi Raya, and Pinang Dana Talangan has gone live with
        di agen Pegadaian dan kedepannya akan menjangkau lebih                        Pegadaian agents, with plans to expand to more agent networks.
        banyak keagenan lainnya.
    c. Telah mengembangkan embedded finance melalui kerja sama                     c. Embedded finance was developed through collaboration with a
        dengan e-wallet lokal (Doomo) agar pengguna dapat bertransaksi                local e-wallet (Doomo), enabling users to conduct QRIS and Virtual
        QRIS dan VA langsung di aplikasinya.                                          Account (VA) transactions directly within the partner application.
    d. Pengembangan dan penguatan produk serta support system                     d. The development and strengthening of products and support
        aplikasi Agen Laku Pandai secara mobile telah selesai dilaksanakan.           systems for the Agen Laku Pandai mobile application have been
                                                                                      completed.
26. Telah dilaksanakan evaluasi produk dengan hasil sebagai berikut:          26. Product evaluations were conducted with the following results:
    a. Aplikasi Raya: 62,45 (Great) dari target 68.                               a. Aplikasi Raya: 62.45 (Great) against a target of 68.
    b. Dana Talangan: 68,5 (Great) dari target 66.                                b. Dana Talangan: 68.5 (Great) against a target of 66.
    c. Flexi: 69,21 (Great) dari target 71.                                       c. Flexi: 69.21 (Great) against a target of 71.
    Namun demikian hasil evaluasi produk tetap menunjukkan tingkat                Despite certain scores being below target, the overall product evaluation
    kepuasan nasabah berada pada kategori Great.                                  results indicate that customer satisfaction remains in the “Great”
                                                                                  category.



534 PT Bank Raya Indonesia Tbk
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       Management Discussion and Analysis             Good Corporate Governance              Sustainability Report                 Audited Financial Report




                             Penanggung Jawab
                               Unit in Charge


                          DPD, SLP, RBO, CMG, CSC



                                    Status


                  100% terimplementasi I fully implemented




  Corporate Governance



27. Governance Maturity tercapai lebih baik dari tahun sebelumnya dari      27. Governance Maturity improved compared to the previous year, increasing
    skor 3,91 menjadi 4,11 (+0,20).                                             from a score of 3.91 to 4.11 (+0.20).
28. Risk Maturity Index tercapai lebih baik dari tahun sebelumnya dari      28. Risk Maturity Index showed an improvement from 3.67 to 3.74 (+0.07)
    skor 3,67 menjadi 3,74 (+0,07).                                             compared to the previous year.
29. Audit Maturity tercapai lebih baik dari tahun sebelumnya dari skor      29. Audit Maturity increased from 3.19 to 3.37 (+0.18) compared to the
    3,19 menjadi 3,37 (+0,18).                                                  previous year.
30. Pelaksanaan risk culture melalui Raya Risk Talk) telah dilaksanakan     30. Risk culture implementation through Raya Risk Talk was conducted
    oleh 23 dari 23 uker (100%).                                                across 23 out of 23 work units (100%).
31. Proses audit telah mencapai 107,7% (39 objek audit reguler dan 3        31. Audit execution reached 107.7%, covering 39 regular audit objects
    spesial audit), sementara itu pengembangan data analytics audit             and 3 special audits, while audit data analytics development achieved
    telah tercapai 100% (6 indikator).                                          100% completion across six indicators.
32. Telah dilakukan pembaruan ketentuan Pedoman Pelaksanaan                 32. The Guidelines for Implementing the Sustainability Strategy Framework
    Kerangka Acuan Strategi Keberlanjutan (Sustainability) No. SE: B. 55/       No. SE: B.55/Dir.01.03/PCP/ERM/09/2025 were updated to support
    Dir.01.03/PCP/ERM/09/2025 sebagai panduan dalam mendukung                   the implementation of sustainable finance. The updates include:
    penerapan keuangan berkelanjutan, dengan perubahan meliputi:
    a. Penyesuaian referensi ketentuan internal terbaru.                          a.    Alignment with the latest internal regulatory references;
    b. Penambahan grouping emission carbon management pada pilar                  b.    The addition of carbon emission management grouping under
         environment.                                                                   the environment pillar; and
    c. Penyesuaian visi dan misi yang diselaraskan dengan visi dan misi           c.    Revisions to the vision and mission to ensure alignment with the
         Bank secara keseluruhan.                                                       Bank’s overall vision and mission.


33. Telah dilakukan pembaruan ketentuan Pedoman Pelaksanaan Tata            33. The Guidelines for the Implementation of Remuneration Governance
    Kelola Remunerasi No. SE : B. 57/Dir.01.03/PCP/HCP/09/2025, dengan          No. SE: B.57/Dir.01.03/PCP/HCP/09/2025 were updated, with changes
    perubahan meliputi:                                                         including:
    a. Penyesuaian terhadap ketentuan internal terbaru.                         a. Alignment with the latest internal regulations; and
    b. Penyesuaian tugas dan tanggung jawab.                                    b. Adjustments to roles and responsibilities.
34. PT Bank Raya Indonesia Tbk. terpilih sebagai konstituen Indeks ESG      34. PT Bank Raya Indonesia Tbk. was selected as a constituent of the IDX
    Sector Leaders IDX KEHATI dan skor penilaian Kata Data sebesar 53,17        KEHATI ESG Sector Leaders Index, achieving a Katadata assessment
    (peringkat ke 17 dari 46 Bank).                                             score of 53.17, ranking 17th out of 46 banks.

                             Penanggung Jawab
                               Unit in Charge


                        LCA, ERM, HCP, PCP, IAU, CSC



                                    Status


                  100% terimplementasi I fully implemented




                                                                                       Laporan Tahunan & Laporan Keberlanjutan
                                                                                                 Annual Report & Sustainability Report   2025 535
Page 536
        Ikhtisar Kinerja                           Laporan Manajemen            Profil Perusahaan                   Tinjauan Pendukung Bisnis
        Performance Highlights                     Management Report            Company Profile                     Overview of Business Support Units




  Business Ethics


35. Telah dilaksanakan agenda Surveillance Audit ISO 37001:2016 Sistem    35. The ISO 37001:2016 Anti-Bribery Management System Surveillance
    Manajemen Anti Penyuapan pada tanggal 3-5 Desember 2025.                  Audit was conducted on December 3–5, 2025.
36. Compliance Maturity tercapai lebih baik dari tahun sebelumnya dari    36. Compliance Maturity improved compared to the previous year,
    skor 3,50 menjadi 3,78 (+0,28).                                           increasing from a score of 3.50 to 3.78 (+0.28).

                                 Penanggung Jawab
                                   Unit in Charge


                           Tim FKAP (LCA, ERM, IAU)



                                      Status


                    100% terimplementasi I fully implemented




  Information System Cyber Security



37. IT Security Scorecard tercapai skor 100 dari target 91.               37. The IT Security Scorecard achieved a score of 100, exceeding the
                                                                              target of 91.
38. IT Awareness tercapai skor 95,27% dari target 89%.                    38. IT Awareness reached 95.27%, surpassing the target of 89%.
39. IT Maturity tercapai sama dengan tahun sebelumnya pada skor 4,49.     39. IT Maturity remained consistent with the previous year at a score of 4.49.
40. Telah diterbitkan ketentuan Pedoman Pelaksanaan Manajemen             40. The Guidelines for Implementing Cybersecurity Incident Management
    Insiden Keamanan Siber (CSIRT)No. SE: B.44/Dir.03.04PCP/ASA/08/2025       (CSIRT) No. SE: B.44/Dir.03.04/PCP/ASA/08/2025 were issued as a
    sebagai panduan dalam mendukung kepatuhan terhadap regulasi               reference to support regulatory compliance and strengthen the
    dan memperkuat budaya keamanan siber.                                     cybersecurity culture.
41. Workload dari penggunaan Cloud Bank Raya >80%.                        41. Cloud utilization at Bank Raya exceeded 80% of total workload.

                                 Penanggung Jawab
                                   Unit in Charge


                                   INF, ASA, PCP



                                      Status


                    100% terimplementasi I fully implemented




536 PT Bank Raya Indonesia Tbk
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       Management Discussion and Analysis               Good Corporate Governance                    Sustainability Report                   Audited Financial Report




Tata Kelola Berkelanjutan
Sustainable Governance

Tata kelola keberlanjutan di Bank Raya dirancang sebagai kerangka yang              Sustainable governance at Bank Raya is established through a structured
terstruktur dan transparan, memastikan setiap kebijakan, aktivitas, dan             and transparent framework, ensuring that policies, activities, and decision-
pengambilan keputusan selaras dengan prinsip keberlanjutan. Pendekatan              making processes are aligned with sustainability principles. This approach
ini mengintegrasikan aspek lingkungan, sosial, dan ekonomi ke dalam                 integrates environmental, social, and economic considerations across all
seluruh lini operasional, sekaligus memperkuat akuntabilitas dan konsistensi        operational lines, while reinforcing accountability and consistent
pelaksanaannya di seluruh tingkatan organisasi.                                     implementation at every level of the organisation.

Untuk mendukung pencapaian tujuan pembangunan berkelanjutan, Bank                   To support the achievement of sustainable development objectives, Bank
Raya secara aktif memantau pelaksanaan inisiatif keberlanjutan dan                  Raya actively monitors the execution of its sustainability initiatives and
mendorong keterlibatan pemangku kepentingan, baik internal maupun                   promotes engagement with both internal and external stakeholders. These
eksternal. Upaya tersebut diiringi dengan pembentukan budaya keberlanjutan          efforts are accompanied by the cultivation of a sustainability-driven culture
yang terinternalisasi dalam keseharian kerja, menjadikan keberlanjutan              embedded in daily operations, positioning sustainability as an integral part
sebagai bagian dari cara Bank beroperasi. Melalui tata kelola ini, Bank             of how the Bank operates. Through this governance framework, Bank Raya
Raya menegaskan komitmennya untuk menyeimbangkan kinerja finansial                  reaffirms its commitment to balancing financial performance with long-term
dengan kontribusi jangka panjang bagi masyarakat dan lingkungan.                    contributions to society and the environment.



Penanggung Jawab Penerapan Keuangan Berkelanjutan
Unit in Charge for Sustainable Finance Implementation [OJK E.1][GRI 2-12, 2-13, 2-14]

Penerapan keuangan berkelanjutan di Bank Raya dikoordinasikan oleh                  The implementation of sustainable finance at Bank Raya is coordinated
unit khusus yang ditetapkan oleh Direksi sebagai penggerak utama strategi           by a dedicated unit appointed by the Board of Directors as the key driver
keberlanjutan Perseroan. Unit ini berperan memastikan bahwa prinsip                 of the Bank’s sustainability strategy. This unit is responsible for ensuring that
keuangan berkelanjutan terintegrasi secara konsisten ke dalam operasional           sustainable finance principles are consistently embedded across banking
perbankan, mulai dari perumusan kebijakan hingga pengembangan                       operations, from policy formulation to the development of products and
produk dan layanan.                                                                 services.

Dalam menjalankan fungsinya, unit penanggung jawab bekerja secara                   In carrying out its mandate, the responsible unit works in close collaboration
kolaboratif dengan berbagai fungsi pendukung, termasuk manajemen                    with key supporting functions, including risk management, internal audit,
risiko, audit internal, dan keuangan. Sinergi lintas fungsi ini memungkinkan        and finance. This cross-functional synergy enables the integration of
integrasi aspek lingkungan, sosial, dan tata kelola dalam pengambilan               environmental, social, and governance considerations into decision-making
keputusan, sekaligus memastikan penerapan keberlanjutan berjalan selaras            processes, while ensuring alignment with prudent banking principles.
dengan prinsip kehati-hatian perbankan.

Selain itu, unit ini juga menjalankan fungsi pemantauan dan evaluasi atas           The unit also oversees the monitoring and evaluation of Bank Raya’s
capaian keberlanjutan Bank Raya, termasuk kontribusi terhadap Tujuan                sustainability performance, including its contributions to the Sustainable
Pembangunan Berkelanjutan (TPB). Progres implementasi keuangan                      Development Goals (SDGs). Progress on sustainable finance implementation
berkelanjutan disampaikan secara berkala kepada Direksi dan pemangku                is reported regularly to the Board of Directors and relevant stakeholders,
kepentingan terkait sebagai bagian dari komitmen Bank terhadap                      reflecting the Bank’s commitment to transparency and accountability.
transparansi dan akuntabilitas.


        Unit/Pejabat                   Aspek Dikelola                       Peran dan Tanggung Jawab dalam Penerapan Strategi Keberlanjutan
        Unit/Officer                  Managed Aspect                          Roles and Responsibilities in Implementing Sustainability Strategies

 Kepala Divisi Enterprise Risk   Tata Kelola Korporat    1.   Memastikan bahwa Tim Khusus Keuangan Berkelanjutan dan Koordinator telah melaksanakan keuangan
 Management                      Corporate Governance         berkelanjutan sesuai dengan ketentuan yang berlaku.
                                                         2.   Berkoordinasi dengan Koordinator terkait penyusunan RAKB, pemantauan dalam penerapannya dan
 Head of Enterprise Risk         Sosial                       Laporan Keuangan Berkelanjutan.
 Management Division             Social                  3.   Bersama-sama dengan Tim Khusus Keuangan Berkelanjutan merekomendasikan hasil penyusunan RAKB
                                                              dan hasil pemantauan keuangan berkelanjutan kepada Direksi sebelum disetujui oleh Dewan Komisaris.
                                 Lingkungan
                                 Environmental           1.   Ensure that the Sustainable Finance Special Team and Coordinator have implemented sustainable finance
                                                              in accordance with applicable regulations.
                                                         2.   Coordinate with the Coordinator regarding the preparation of the RAKB, monitoring of its implementation
                                                              and the Sustainable Finance Report.
                                                         3.   Together with the Sustainable Finance Special Team recommend the results of the preparation of the RAKB
                                                              and the results of sustainable finance monitoring to the Board of Directors before being approved by the
                                                              Board of Commissioners.
 Bagian Credit Risk              Tata Kelola Korporat    1.   Melakukan koordinasi dengan Ketua Tim Khusus Keuangan Berkelanjutan dan seluruh anggota Tim Khusus
 Management & ESG-Divisi         Corporate Governance         Keuangan Berkelanjutan serta Unit Kerja terkait hal-hal sebagai berikut:
 Enterprise                                                   a.    Penyusunan RAKB.
 Risk Management                 Sosial                       b.    Pemantauan penerapan keuangan berkelanjutan.
                                 Social                       c.    Penyusunan Laporan Berkelanjutan.
 Credit & ESG Risk Management                            2.   Menyampaikan hasil pelaksanaan seluruh tugas dan tanggung jawab tersebut kepada Ketua Tim, Direksi
 Section-Enterprise Risk         Lingkungan                   dan Dewan Komisaris untuk mendapat persetujuan.
 Management Division             Environmental           3.   Menyampaikan RAKB dan Laporan Berkelanjutan sebelum batas akhir penyampaian sebagaimana
                                                              ditetapkan oleh ketentuan yang berlaku kepada Otoritas Jasa Keuangan.

                                                         1.   Coordinate with the Chairperson of the Sustainable Finance Special Team and all members of the Sustainable
                                                              Finance Special Team and Working Units regarding the following matters:
                                                              a.   Preparation of RAKB.
                                                              b.   Monitoring the implementation of sustainable finance.
                                                              c.   Preparation of Sustainability Report.
                                                         2.   Submitting the results of the implementation of all duties and responsibilities to the Team Leader, Board of
                                                              Directors and Board of Commissioners for approval.
                                                         3.   Submitting the RAKB and Sustainable Report before the submission deadline as stipulated by the applicable
                                                              provisions to the Financial Services Authority.




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         Performance Highlights                    Management Report                       Company Profile                         Overview of Business Support Units




         Unit/Pejabat                  Aspek Dikelola                        Peran dan Tanggung Jawab dalam Penerapan Strategi Keberlanjutan
         Unit/Officer                 Managed Aspect                           Roles and Responsibilities in Implementing Sustainability Strategies

 Tim Penyusun                    Tata Kelola Korporat     1.   Mengumpulkan seluruh usulan yang diajukan oleh setiap unit kerja terkait dengan Keuangan Berkelanjutan,
 -    Divisi/Desk terkait yang   Corporate Governance          khususnya dari Unit Kerja masing-masing.
      menjadi PIC program                                 2.   Melakukan penyusunan Rencana Aksi Keuangan Berkelanjutan (RAKB) berdasarkan usulan dari Unit Kerja.
                                 Sosial                   3.   Menyampaikan hasil penyusunan Rencana Aksi Keuangan Berkelanjutan (RAKB) kepada Ketua Tim untuk
 Drafting Team                   Social                        mendapatkan rekomendasi dan selanjutnya diputuskan dalam Rapat Direksi.
 -     Related Division/Desk                              4.   Menyampaikan hasil Rapat Direksi terkait dengan Rencana Aksi Keuangan Berkelanjutan (RAKB) kepada
       which is the PIC of the   Lingkungan                    Dewan Komisaris untuk mendapatkan persetujuan.
       program                   Environmental            5.   Menerima laporan pemantauan dari Tim Pemantau Keuangan Berkelanjutan terkait dengan penerapan
                                                               Rencana Aksi Keuangan Berkelanjutan (RAKB) yang telah disampaikan kepada Otoritas Jasa Keuangan.
                                                          6.   Melakukan penyusunan Laporan Bekelanjutan berdasarkan laporan hasil pemantauan yang telah
                                                               disampaikan oleh Tim Pemantau.
                                                          7.   Menyampaikan Laporan Berkelanjutan kepada Koordinator untuk disampaikan kepada Ketua Tim.

                                                          1.   Collecting all proposals submitted by each work unit related to Sustainable Finance, especially from their
                                                               respective Work Units.
                                                          2.   Preparing the Sustainable Finance Action Plan (RAKB) based on proposals from the Work Units.
                                                          3.   Submitting the results of the preparation of the Sustainable Finance Action Plan to the Team Leader for
                                                               recommendations and subsequently decided at the Board of Directors Meeting.
                                                          4.   Submit the results of the Board of Directors Meeting related to the Sustainable Finance Action Plan to the
                                                               Board of Commissioners for approval.
                                                          5.   Receive monitoring reports from the Sustainable Finance Monitoring Team related to the implementation
                                                               of the Sustainable Finance Action Plan (SFAP) that has been submitted to the Financial Services Authority.
                                                          6.   Prepare the Sustainability Report based on the monitoring report submitted by the Monitoring Team.
                                                          7.   Submit the Sustainability Report to the Coordinator to be submitted to the Team Leader.
 Divisi Finance & Asset          Tata Kelola Korporat     Bertugas melakukan pemantauan terhadap penerapan program RAKB dan menyampaikan hasil pemantauan
 Management                      Corporate Governance     tersebut kepada Ketua Tim, Koordinator, dan Tim Penyusun untuk memastikan efektivitas pelaksanaan program,
                                                          seperti monitoring realisasi anggaran terhadap program RAKB, monitoring kesesuaian dan kepatuhan program
 Divisi Legal & Compliance       Sosial                   RAKB terhadap POJK 51/2017 serta kebijakan internal terkait ESG dan melakukan kaji ulang penerapan program
                                 Social                   RAKB.
 Internal Audit
                                 Lingkungan               Responsible for monitoring the implementation of the RAKB program and reporting the results of such monitoring
                                 Environmental            to the Team Leader, Coordinator, and Drafting Team to ensure the effectiveness of program implementation,
                                                          such as monitoring the budget realization of the RAKB program, monitoring the compliance and adherence of
                                                          the RAKB program to POJK 51/2017 and internal policies related to ESG, and conducting a review of the
                                                          implementation of the RAKB program.




Peran Organ Tata Kelola Tertinggi dalam Pengawasan Pengelolaan Dampak
Role of The Highest Governance Body in Overseeing the Management of Impact [GRI 2-12]
Di Bank Raya, Dewan Komisaris dan Direksi sebagai organ tata Kelola                 At Bank Raya, the Board of Commissioners and the Board of Directors as
tertinggi, berperan aktif dalam merumuskan, menyetujui, serta memperbarui           the highest governance body, play an active role in developing, approving,
visi, nilai, strategi, kebijakan, dan sasaran Perseroan yang terkait dengan         and updating the Bank’s vision, values, strategies, policies, and sustainability-
pembangunan berkelanjutan. Arah keberlanjutan ditetapkan sebagai                    related goals. Sustainability is embedded within the business strategy to
bagian integral dari strategi bisnis, memastikan keselarasan antara kinerja         ensure alignment between economic performance, social responsibility,
ekonomi, tanggung jawab sosial, dan kepedulian lingkungan.                          and environmental stewardship.

Organ tata kelola tertinggi mengawasi proses uji tuntas (due diligence)             The highest governance body oversees due diligence and other processes
dan mekanisme lain untuk mengidentifikasi serta mengelola dampak                    to identify and manage the Bank’s impacts on the economy, the environment,
Perseroan terhadap ekonomi, lingkungan, dan masyarakat. Pengawasan                  and people. This oversight incorporates structured stakeholder engagement
ini dilakukan dengan mempertimbangkan masukan pemangku kepentingan                  and considers the outcomes of impact and risk assessments as inputs to
yang dihimpun melalui keterlibatan terstruktur, serta menelaah hasil                strategic decisions. The effectiveness of these processes is reviewed
penilaian dampak dan risiko sebagai dasar pengambilan keputusan                     periodically through formal meetings and regular reporting, at least on an
strategis. Efektivitas proses tersebut ditinjau secara berkala melalui rapat        annual basis or as required by strategic considerations.
dan pelaporan rutin, dengan frekuensi penelaahan minimal tahunan atau
sesuai kebutuhan strategis.



Pemisahan Fungsi Chairman of the Board dan CEO Serta Pendelegasian Tanggung
Jawab Pengelolaan Dampak
Separation of Chairman of The Board and CEO Function, as Well as Delegation of Responsibility for
Managing Impact [GRI 2-13][IDX G-03]

Bank Raya menerapkan pemisahan peran antara Chairman of the Board                   Bank Raya applies a clear separation between the roles of the Chairman
dan Chief Executive Officer (CEO) sebagai bagian dari penguatan tata                of the Board and the Chief Executive Officer (CEO) as part of its commitment
kelola perusahaan. Chairman of the Board, yang dijabat oleh Komisaris               to sound corporate governance. The Chairman of the Board, serving as
Utama, menjalankan fungsi pengawasan strategis atas pengelolaan Bank,               the President Commissioner, is responsible for providing strategic oversight
memastikan pelaksanaan kebijakan dan strategi berjalan sesuai dengan                of the Bank’s management, ensuring that policies and strategies are
prinsip kehati-hatian dan tata kelola yang baik. Sementara itu, CEO, yang           implemented in line with prudential principles and good corporate
dijabat oleh Direktur Utama, bertanggung jawab atas pengelolaan dan                 governance. Meanwhile, the CEO, serving as the President Director, is
manajemen operasional Bank sehari-hari, termasuk pelaksanaan strategi               accountable for the day-to-day management and operations of the Bank,
dan pencapaian kinerja Perseroan. Pemisahan peran ini mencerminkan                  including the execution of strategy and the achievement of corporate



538 PT Bank Raya Indonesia Tbk
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       Management Discussion and Analysis               Good Corporate Governance              Sustainability Report                  Audited Financial Report




komitmen Bank Raya dalam menjaga keseimbangan antara fungsi                    performance. This separation reinforces an effective system of checks and
pengawasan dan fungsi pengelolaan secara efektif dan independen.               balances between oversight and management functions.

Tanggung jawab pengelolaan dampak keberlanjutan didelegasikan oleh             Responsibility for managing sustainability impacts is delegated by the
organ tata kelola tertinggi kepada Direksi, yang selanjutnya menugaskan        highest governance body to the Board of Directors, which in turn assigns
unit dan pejabat terkait untuk memastikan integrasi aspek lingkungan,          relevant executives, dedicated sustainable finance functions, and supporting
sosial, dan tata kelola (LST) dalam operasional. Penugasan ini mencakup        units to integrate environmental, social, and governance (ESG) aspects
unit keuangan berkelanjutan dan fungsi pendukung lain yang relevan,            into operations. Employees across functions are engaged according to
serta pelibatan karyawan lintas unit sesuai peran dan kewenangannya.           their roles and authorities.

Pelaksanaan dan capaian pengelolaan dampak dilaporkan secara                   Performance and progress in managing impacts are reported through a
berjenjang kepada Direksi dan Dewan Komisaris melalui laporan berkala,         structured escalation process to the Board of Directors and the Board of
komite terkait, dan forum tata kelola lainnya. Frekuensi pelaporan dilakukan   Commissioners via regular reports, relevant committees, and governance
secara rutin, setidaknya tahunan, dan dapat ditingkatkan sesuai dengan         forums. Reporting is conducted on a regular basis, at least annually, and
tingkat materialitas isu dan dinamika risiko.                                  more frequently when required by material issues or risk dynamics.



Peran Organ Tata Kelola Tertinggi dalam Pelaporan Keberlanjutan
Role of the Highest Governance Body in Sustainability Reporting [GRI 2-14]

Dewan Komisaris dan Direksi bertanggung jawab menelaah dan menyetujui          The Board of Commissioners and the Board of Directors are responsible for
informasi yang diungkapkan dalam Laporan Keberlanjutan, termasuk topik         reviewing and approving the Sustainability Report, including the identified
material. Proses penelaahan mencakup evaluasi kelengkapan, konsistensi,        material topics. The review process assesses completeness, consistency,
dan keselarasan pengungkapan dengan strategi Perseroan, hasil penilaian        and alignment with the Bank’s strategy, materiality assessment outcomes,
materialitas, serta ketentuan yang berlaku. Persetujuan diberikan setelah      and applicable requirements. Approval is granted upon confirmation that
memastikan bahwa informasi yang disajikan mencerminkan kinerja dan             the disclosed information accurately and fairly represents the Bank’s
komitmen keberlanjutan Perseroan secara akurat dan seimbang.                   sustainability performance and commitments.



Konflik Kepentingan
Conflict of Interest [GRI 2-15][IDX G-09]

Di Bank Raya, pencegahan dan mitigasi konflik kepentingan diawasi oleh         At Bank Raya, conflicts of interest are prevented and mitigated through
organ tata kelola tertinggi melalui kebijakan dan prosedur yang                policies and procedures overseen by the highest governance body,
mengedepankan transparansi, independensi, serta kepatuhan. Mekanisme           emphasising transparency, independence, and compliance. These include
yang diterapkan mencakup pengungkapan kepentingan oleh anggota                 mandatory disclosures by members of the Board of Commissioners and
Dewan Komisaris dan Direksi, pengaturan transaksi afiliasi dan benturan        the Board of Directors, governance over related-party transactions, and
kepentingan, serta penelaahan berkala atas potensi konflik dalam               periodic reviews of potential conflicts in strategic decision-making.
pengambilan keputusan strategis.

Pengungkapan kepada pemangku kepentingan dilakukan sesuai ketentuan            Disclosures to stakeholders are made in accordance with applicable
yang berlaku, termasuk atas: keanggotaan rangkap pada dewan (cross-board       requirements, covering cross-board membership, cross-shareholding with
membership), kepemilikan silang dengan pemasok atau pemangku kepentingan       suppliers or other stakeholders, the existence of controlling shareholders,
lain (cross-shareholding), keberadaan pemegang saham pengendali, serta         and related parties along with their relationships, transactions, and outstanding
hubungan pihak berelasi beserta transaksi dan saldo terutang. Setiap potensi   balances. Any identified conflicts are addressed through tiered approvals
konflik ditangani melalui mekanisme persetujuan berjenjang dan pengendalian    and robust internal controls. Further information is available in the Bank's
internal yang memadai. Informasi lebih lanjut tersedia pada Laporan Tahunan    Annual Report, Corporate Governance Chapter, Disclosure of Transactions
Bank, Bab Tata Kelola Perusahaan, Sub Bab Pengungkapan Transaksi yang          Containing Conflict of Interest Sub-chapter, page 238.
Mengandung Benturan Kepentingan halaman 238.



Komunikasi Isu Kritis
Communication of Critical Concerns [GRI 2-16]

Isu-isu kritis dikomunikasikan kepada organ tata kelola tertinggi melalui      Critical concerns are communicated to the highest governance body
saluran pelaporan formal, termasuk rapat Direksi dan Dewan Komisaris,          through formal reporting channels, including meetings of the Board of
komite terkait, serta mekanisme pelaporan internal. Sepanjang periode          Directors and the Board of Commissioners, relevant committees, and internal
pelaporan, tidak terdapat isu kritis yang bersifat material yang memerlukan    reporting mechanisms. During the reporting period, there were no material
eskalasi khusus kepada organ tata kelola tertinggi di luar agenda pengawasan   critical concerns requiring special escalation beyond routine oversight.
rutin. Informasi lebih lanjut tersedia pada Laporan Tahunan Bank, Bab Tata     Further information is available in the Bank's Annual Report, Corporate
Kelola Perusahaan, Sub Bab Sistem Pelaporan Pelanggaran halaman 446.           Governance Chapter, Whistleblowing System Sub-chapter, page 446.



Evaluasi Kinerja Organ Tata Kelola Tertinggi
Performance Evaluation of the Highest Governance Body [GRI 2-18][IDX G-04]

Kinerja organ tata kelola tertinggi dievaluasi secara berkala untuk menilai    The performance of the highest governance body is periodically evaluated
efektivitas pengawasan atas pengelolaan dampak ekonomi, sosial, dan            to assess the effectiveness of its oversight of economic, social, and environmental
lingkungan. Evaluasi dilakukan melalui penilaian internal dengan frekuensi     impacts. Evaluations are conducted at least annually through internal assessments
minimal tahunan, dan dapat melibatkan pihak independen sesuai kebutuhan.       and may involve independent parties as required.

                                                                                       Laporan Tahunan & Laporan Keberlanjutan
                                                                                                    Annual Report & Sustainability Report   2025 539
Page 540
        Ikhtisar Kinerja                       Laporan Manajemen                   Profil Perusahaan                   Tinjauan Pendukung Bisnis
        Performance Highlights                 Management Report                   Company Profile                     Overview of Business Support Units




Hasil evaluasi menjadi dasar perbaikan berkelanjutan, termasuk               The outcomes inform continuous improvement actions, including enhancements
penyempurnaan praktik tata kelola, penguatan kompetensi, serta               to governance practices, capability strengthening, and adjustments to the
penyesuaian komposisi atau proses kerja organ tata kelola apabila            composition or working processes of the governance body where necessary.
diperlukan. Informasi lebih lanjut tersedia pada Laporan Tahunan Bank,       Further information is available in the Bank's Annual Report, Corporate
Bab Tata Kelola Perusahaan, Sub Bab Penilaian Kinerja Dewan Komisaris        Governance Chapter, Performance Assessment of the Board of Commissioners
dan Direksi halaman 349.                                                     and Board of Directors Sub-chapter, page 349.



Kebijakan dan Kriteria Nominasi Dewan Komisaris dan Direksi
Nomination Policies and Criterias of the Board of Commissioners and Board of Directors [IDX G-06]

Kebijakan nominasi serta kriteria pemilihan anggota Dewan Komisaris dan      The nomination policy and selection criteria for members of the Board of
Direksi Bank Raya telah diatur dan dijelaskan secara rinci pada Bab Tata     Commissioners and the Board of Directors of Bank Raya are comprehensively
Kelola Perusahaan dalam laporan ini. Kebijakan tersebut dirancang untuk      disclosed in the Corporate Governance Chapter of this report. The policy
memastikan bahwa setiap calon memiliki integritas, kompetensi, pengalaman,   is designed to ensure that appointed candidates demonstrate integrity,
serta independensi yang memadai, dan selaras dengan kebutuhan strategis      competence, relevant experience, and adequate independence, in line
serta kompleksitas usaha Bank. Proses nominasi dilakukan secara transparan   with the Bank’s strategic needs and business complexity. The nomination
dan akuntabel, dengan mempertimbangkan kepatuhan terhadap ketentuan          process is conducted in a transparent and accountable manner, taking
peraturan perundang-undangan yang berlaku serta prinsip tata kelola          into account compliance with applicable regulations and the principles of
perusahaan yang baik.                                                        good corporate governance.



Kebijakan Remunerasi, Proses Penetapan, dan Rasio Kompensasi
Remuneration Policies, Determination Process, and Compensation Ratio [GRI 2-19, 2-20, 2-21]

Bank Raya menerapkan kebijakan remunerasi bagi Dewan Komisaris               Bank Raya applies remuneration policies for members of the Board of
dan Direksi yang mencakup komponen tetap dan variabel, serta ketentuan       Commissioners and the Board of Directors comprising fixed and variable
lain seperti insentif perekrutan, pembayaran terminasi, mekanisme            components, as well as provisions related to sign-on incentives, termination
clawback (jika berlaku), dan manfaat pensiun. Kebijakan ini dirancang        payments, clawback mechanisms (where applicable), and retirement
untuk selaras dengan pencapaian kinerja dan tujuan Perseroan, termasuk       benefits. These policies are designed to align remuneration with performance
pengelolaan dampak ekonomi, sosial, dan lingkungan.                          outcomes and the Bank’s objectives, including the management of economic,
                                                                             social, and environmental impacts.

Proses penetapan remunerasi diawasi oleh organ tata kelola atau komite       The process for determining remuneration is overseen by the appropriate
yang berwenang, dengan mempertimbangkan prinsip kewajaran, kinerja,          governance body or committee, guided by principles of fairness, performance,
dan kepatuhan terhadap ketentuan yang berlaku. Pandangan pemangku            and regulatory compliance. Stakeholder views, including those of shareholders,
kepentingan, termasuk pemegang saham, dipertimbangkan melalui                are considered through relevant governance mechanisms. Where
mekanisme tata kelola yang relevan. Penggunaan konsultan remunerasi,         remuneration consultants are engaged, their independence is ensured.
apabila ada, dilakukan dengan memastikan independensi. Informasi lebih       Further information is available in the Bank's Annual Report, Corporate
lanjut tersedia pada Laporan Tahunan Bank, Bab Tata Kelola Perusahaan,       Governance Chapter, Remuneration of the Board of Commissioners and
Sub Bab Remunerasi Dewan Komisaris dan Direksi halaman 352.                  Board of Directors Sub-chapter, page 352.



Kode Etik dan Kebijakan Anti Korupsi
Code of Conduct and Anti Corruption Policy [IDX G-07]

Bank Raya telah memiliki Kode Etik dan kebijakan anti-korupsi yang           Bank Raya has established a Code of Conduct and anti-corruption policies
menjadi landasan dalam menjalankan kegiatan usaha secara berintegritas       that serve as the foundation for conducting business with integrity and
dan bertanggung jawab. Ketentuan tersebut telah dijelaskan secara rinci      accountability. These policies are comprehensively disclosed in the Corporate
dalam Bab Tata Kelola Perusahaan pada laporan ini dan berlaku bagi           Governance Chapter of this report and apply to all Bank personnel, including
seluruh insan Bank, termasuk Dewan Komisaris, Direksi, dan karyawan.         the Board of Commissioners, the Board of Directors, and employees. The
Penerapan Kode Etik dan kebijakan anti-korupsi ini mencerminkan komitmen     implementation of the Code of Conduct and anti-corruption policies reflects
Bank Raya dalam mencegah praktik korupsi, kolusi, dan nepotisme, serta       Bank Raya’s commitment to preventing corruption, collusion, and nepotism,
menegakkan prinsip tata kelola perusahaan yang baik. Informasi lebih         and to upholding the principles of good corporate governance. Further
lanjut tersedia pada Laporan Tahunan Bank, Bab Tata Kelola Perusahaan,       information is available in the Bank's Annual Report, Corporate Governance
Sub Bab Kode Etik halaman 442.                                               Chapter, Code of Conduct Sub-chapter, page 442.



Perlakuan Adil Terhadap Pemegang Saham
Fair Treatment to Shareholders [IDX G-08]

Bank Raya menerapkan kebijakan perlakuan adil terhadap seluruh               Bank Raya implements a fair treatment policy for all shareholders as part
pemegang saham sebagai bagian dari komitmen terhadap tata kelola             of its commitment to good corporate governance. This policy ensures the
perusahaan yang baik. Kebijakan ini memastikan bahwa setiap pemegang         protection of shareholders’ rights, including equal access to relevant,
saham memperoleh perlindungan atas hak-haknya, termasuk akses yang           accurate, and timely information regarding the Company’s performance
setara terhadap informasi yang relevan, akurat, dan tepat waktu mengenai     and strategic direction. Furthermore, Bank Raya provides equal opportunities
kinerja serta arah strategis Perseroan. Selain itu, Bank Raya memberikan     for all shareholders to participate in strategic corporate decision-making




540 PT Bank Raya Indonesia Tbk
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        Management Discussion and Analysis                       Good Corporate Governance                      Sustainability Report                 Audited Financial Report




kesempatan yang sama bagi seluruh pemegang saham untuk berpartisipasi                         processes, particularly through the General Meeting of Shareholders, in
dalam proses pengambilan keputusan perusahaan yang bersifat strategis,                        accordance with applicable laws and regulations. Further information is
terutama melalui mekanisme Rapat Umum Pemegang Saham, sesuai                                  available in the Bank's Annual Report, Corporate Governance Chapter,
dengan ketentuan peraturan perundang-undangan yang berlaku. Informasi                         Policy on Prevention of Insider Trading Sub-chapter, page 473.
lebih lanjut tersedia pada Laporan Tahunan Bank, Bab Tata Kelola
Perusahaan, Sub Bab Kebijakan Pencegahan Transaksi Orang Dalam
(Insider Trading) halaman 473.



Pengembangan Kompetensi Terkait Keuangan Berkelanjutan
Competency Development on Sustainable Finance [OJK E.2][GRI 2-17][IDX G-05]

Pengembangan kompetensi menjadi pilar penting dalam mendukung                                 Competency development is a key pillar in supporting the implementation
penerapan keuangan berkelanjutan di Bank Raya. Perseroan secara aktif                         of sustainable finance at Bank Raya. The Bank actively strengthens the
memperkuat pemahaman seluruh insan Bank, mulai dari manajemen                                 capabilities of its people, from management to employees, ensuring that
hingga karyawan, agar prinsip keberlanjutan terinternalisasi dalam cara                       sustainability principles are embedded in mindset, decision-making, and
berpikir, pengambilan keputusan, dan praktik perbankan sehari-hari.                           daily banking practices.

Melalui program pelatihan dan workshop yang terarah, Bank Raya                                Through targeted training programmes and workshops, Bank Raya enhances
meningkatkan kapabilitas terkait kebijakan keuangan berkelanjutan,                            knowledge on sustainable finance policies, environmental, social, and
pengelolaan risiko lingkungan, sosial, dan tata kelola (LST), serta pemahaman                 governance (ESG) risk management, as well as relevant regulations and
atas regulasi dan standar internasional yang relevan. Pendekatan ini tidak                    international standards. This approach not only builds organisational
hanya memperkuat kesiapan sumber daya manusia, tetapi juga mendorong                          readiness, but also fosters a culture that is adaptive and responsive to
terbentuknya budaya organisasi yang adaptif dan responsif terhadap                            sustainability challenges within an increasingly sustainability-driven banking
dinamika keberlanjutan di industri perbankan. Dengan fondasi kompetensi                       industry. With a strong competency foundation, Bank Raya is well positioned
yang kuat, Bank Raya mempersiapkan diri untuk tumbuh secara berkelanjutan                     to pursue resilient and sustainable growth.
di tengah perubahan yang semakin cepat.

Berikut adalah pelatihan yang diikuti oleh penanggung jawab keuangan                          The following trainings were attended by those responsible for sustainable
berkelanjutan pada tahun 2025:                                                                finance in 2025:


                                          Nama Pelatihan                                                     Tanggal Pelatihan             Penyelenggara               Peserta
                                          Training Name                                                        Training Date                 Organizer                Participants

 E-Learning Environmental, Social, dan Governance (ESG)                                                  1-31 Agustus 2025            Bank Raya                   314
 E-Learning Environmental, Social, and Governance (ESG)                                                  August 1-31, 2025
 Seminar Indonesia 11th Indonesia HR Director Summit “Building Employee Resilience for Business          20 Februari 2025             Intipesan Learning Center   2
 Sustainability : Challenges & Opportunities”

 Indonesia 11th Indonesia HR Director Summit “Building Employee Resilience for Business Sustainability   February 20, 2025
 : Challenges & Opportunities” Seminar
 Training ESG "Lean Behavior Change"                                                                     19 Juni 2025                 Universitas Ary Ginanjar    3
 ESG "Lean Behavior Change" Training                                                                     June 19, 2025                (UAG)
 Seminar Environmental, Social, and Governance (ESG) Tahun 2025 dengan tema Mewujudkan                   27 Oktober 2025              Bank Raya dengan            96
 Strategi Bisnis Perbankan yang Berkelanjutan                                                                                         mengundang pembicara
                                                                                                                                      ekternal
 2025 Environmental, Social, and Governance (ESG) Seminar with the theme of Realizing a Sustainable      October 27, 2025
 Banking Business Strategy
 Sustainability Finance                                                                                  30-31 Oktober 2025           Spectra (Specialist         2
                                                                                                         October 30-31, 2025          Training)




Penilaian Risiko atas Penerapan Keuangan Berkelanjutan dan Proses untuk
Memitigasi Dampak Negatif
Risk Assessment on Sustainable Finance Implementation and Process to Mitigate Negative Impacts
[OJK E.3][GRI 2-25]

Dalam penerapan keuangan berkelanjutan, Bank Raya menempatkan                                 In implementing sustainable finance, Bank Raya places risk assessment at
penilaian risiko sebagai bagian integral dari proses pengambilan keputusan.                   the core of its decision-making process. Every financing and investment
Setiap aktivitas pembiayaan dan investasi dievaluasi secara menyeluruh                        activity is comprehensively evaluated to ensure that economic objectives
untuk memastikan bahwa tujuan ekonomi dicapai tanpa mengabaikan                               are achieved without overlooking potential social and environmental
dampak sosial dan lingkungan yang berpotensi timbul.                                          impacts.

Pendekatan ini mencakup proses terstruktur dalam mengidentifikasi, menilai,                   This approach encompasses a structured process to identify, assess, and
dan memitigasi risiko lingkungan, sosial, dan tata kelola (LST). Melalui                      mitigate environmental, social, and governance (ESG) risks. Through
pengelolaan risiko yang disiplin dan proaktif, Bank Raya berupaya                             disciplined and proactive risk management, Bank Raya seeks to minimise
meminimalkan dampak negatif, mengelola eksposur risiko keberlanjutan                          adverse impacts, effectively manage sustainability-related risk exposure,
secara efektif, serta menjaga ketahanan portofolio keuangan dalam jangka                      and safeguard the long-term resilience of its financial portfolio.
panjang.




                                                                                                         Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                    Annual Report & Sustainability Report   2025 541
Page 542
          Ikhtisar Kinerja                                 Laporan Manajemen                              Profil Perusahaan                         Tinjauan Pendukung Bisnis
          Performance Highlights                           Management Report                              Company Profile                           Overview of Business Support Units




Berikut adalah risiko-risiko LST yang telah diidentifikasi dan upaya mitigasi                      The following are the ESG risks that have been identified and the mitigation
yang dilakukan:                                                                                    efforts undertaken:


          Risiko                    Penjelasan Risiko                                                                      Mitigasi Risiko
           RIsk                      Risk Description                                                                      Risk Mitigation

 Lingkungan
 Environment
 Kredit                Risiko iklim dapat berdampak pada                  Bank Raya telah menerbitkan kebijakan dan prosedur untuk mendukung pengelolaan pembiayaan yang
                       kelangsungan proses bisnis debitur                 sehat dan sesuai dengan prinsip kehati-hatian terdiri dari Kebijakan terkait Pembiayaan, Standar Operasional
                       sehingga akan berhubungan dengan                   Prosedur yang mengatur masing-masing ketentuan produk pembiayaan, dan Pedoman Pelaksanaan Loan
                       potensi kegagalan debitur dalam                    Portfolio Guidelines (LPG) yang memuat ketentuan terkait dengan pemberian kredit ramah lingkungan dimana
                       memenuhi kewajiban pembayaran kredit.              setiap kegiatan usaha calon debitur yang berdampak terhadap lingkungan wajib memiliki perizinan sesuai
                                                                          dengan ketentuan yang berlaku contohnya seperti dokumen Upaya Pengelolaan Lingkungan (UKL), Upaya
                                                                          Pemantauan Lingkungan (UPL), Analisis Mengenai Dampak Lingkungan (AMDAL), sertifikasi RSPO/ISPO
                                                                          (Roundtable on Sustainable Palm Oil/Indonesia Sustainble Palm Oil system), dan lain-lain.

                                                                          Bank Raya telah menetapkan limit kewenangan pemutus pemberian kredit limit Risk Appetite Statement
                                                                          (RAS), dan limit trigger alert untuk mendeteksi kategori risiko yang akan dihadapi dalam pengembilan
                                                                          keputusan bisnis.

                                                                          Selain itu, Bank raya akan mulai mengimplementasikan perhitungan emisi gas rumah kaca baik emisi yang
                                                                          dihasilkan dari kegiatan operasional maupun emisi yang dihasilkan dari debitur dimana hal ini merupakan
                                                                          komitmen untuk mendukung program pemerintah dalam mengurangi emisi karbon dan mencapai target
                                                                          Net Zero Emission.

 Credit                Climate risk can have an impact on the             Bank Raya has issued policies and procedures to support healthy financing management and in accordance
                       continuity of the debtor's business                with prudential principles consisting of Financing-related Policies, Standard Operating Procedures governing
                       processes so that it will relate to the debtor's   each financing product provision, and Loan Portfolio Guidelines (LPG) which contain provisions related to the
                       business processes potential failure of the        provision of environmentally friendly credit where every prospective debtor's business activity that has an impact
                       debtor to fulfill credit payment obligations.      on the environment must have a license in accordance with applicable regulations, for example, such as
                                                                          Environmental Management Efforts (UKL), Environmental Monitoring Efforts (UPL), Environmental Impact Analysis
                                                                          (AMDAL) documents, RSPO/ISPO certification (Roundtable on Sustainable Palm Oil/Indonesia Sustainble Palm
                                                                          Oil system), and others.

                                                                          Bank Raya has set limits on the authority of credit decision makers Risk Appetite Statement (RAS) limits, and
                                                                          trigger alert limits to detect risk categories that will be faced in making business decisions.

                                                                          In addition, the Bank will begin to implement the calculation of greenhouse gas emissions, both emissions
                                                                          generated from operational activities and emissions generated from debtors, which is a commitment to support
                                                                          government programs in reducing carbon emissions and achieving the Net Zero Emission target.
 Operasional           Risiko iklim dapat berdampak pada                  Bank Raya telah memiliki tools untuk penerapan risiko operasional, diantaranya:
                       kegiatan operasional Bank apabila                  1.  Business Continuity Management (BCM) yang berfungsi untuk menjamin keberlangsungan kegiatan
                       terdapat peningkatan biaya operasional                 operasional Bank apabila terjadi disaster.
                       Bank akibat adanya kerusakan aset dan              2.  Manajemen Insiden (MI) yang berfungsi untuk mencatat setiap insiden kerugian operasional yang terjadi.
                       penurunan nilai aset.                                  Pencatatan tersebut dilakukan secara langsung oleh Unit Kerja saat insiden berlangsung dan dilaporkan
                                                                              secara berkala setiap triwulan kepada Divisi Enterprise Risk Management.
                                                                          3.  Risk & Control Self Assessment (RCSA) yang digunakan untuk mengidentifikasi, mengukur, memantau
                                                                              dan memitigasi risiko operasional. RCSA dilakukan oleh masing-masing Unit Kerja secara berkala setiap
                                                                              triwulan dan akan direview oleh Divisi Enterprise Risk Management.
                                                                          4.  ARSY (Advanced Risk Awareness System) yang berfungsi untuk meningkatkan awareness dan pengetahuan
                                                                              setiap pekerja dimana setiap pekerja yang mengakses portal Jagat Raya akan diberikan pertanyaan
                                                                              terkait dengan kegiatan Bank yang berdampak pada risiko Bank.

 Operational           Climate risk may impact the Bank's                 Bank Raya has tools for operational risk implementation, including:
                       operational activities if there is an increase     1.  Business Continuity Management (BCM) which functions to ensure the continuity of the Bank's operational
                       in the Bank's operating costs due to asset             activities in the event of a disaster.
                       damage and asset impairment.                       2.  Incident Management (MI) which functions to record every incident of operational loss that occurs. The
                                                                              recording is carried out directly by the Work Unit when the incident occurs and is reported periodically
                                                                              every quarter to the Enterprise Risk Management Division.
                                                                          3.  Risk & Control Self Assessment (RCSA) which is used to identify, measure, monitor and mitigate operational
                                                                              risks. RCSA is carried out by each Work Unit periodically every quarter and will be reviewed by the
                                                                              Enterprise Risk Management Division.
                                                                          4.  ARSY (Advanced Risk Awareness System) which functions to increase awareness and knowledge of
                                                                              each employee where each employee who accesses the Jagat Raya portal will be asked questions
                                                                              related to Bank activities that have an impact on Bank risk.
 Pasar                 Risiko iklim dapat berdampak pada                  Bank Raya telah menetapkan limit transaksi dealer untuk surat berharga korporasi, melakukan monitoring
                       kelangsungan proses bisnis issuer/penerbit         dan evaluasi secara berkala setiap satu bulan dan mengintegrasikan analisis risiko iklim untuk memastikan
                       obligasi sehingga akan berhubungan                 portofolio yang tangguh terhadap dampak iklim.
                       dengan potensi kegagalan issuer/penerbit
                       dalam memenuhi pembayaran kupon
                       dan kewajiban obligasi.

                       Climate risk can have an impact on the
                       continuity of the business process of the          Bank Raya has set dealer transaction limits for corporate securities, conducts regular monitoring and evaluation
 Market                issuer/bond issuer so that it will relate to       every month and integrates climate risk analysis to ensure a portfolio that is resilient to climate impacts.
                       the continuity of the business process
                       potential failure of the issuer to fulfill
                       coupon payments and bond obligations.
 Likuiditas            Risiko iklim berpotensi melemahkan                 Bank mengurangi eksposur terhadap industri berbasis karbon tinggi dengan melakukan diversifikasikan
                       likuiditas Bank melalui terbatasnya akses          portofolio pembiayaan dan pengembangan produk keuangan hijau.
                       pendanaan dan potensi penarikan dana
                       oleh nasabah ataupun investor.

                       Climate risk has the potential to weaken
                       the Bank's liquidity through limited access        The Bank reduces exposure to high carbon-based industries by diversifying its financing portfolio and developing
 Liquidity             to funding and potential withdrawal of             green financial products.
                       funds by customers or investors.



542 PT Bank Raya Indonesia Tbk
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          Management Discussion and Analysis                   Good Corporate Governance                        Sustainability Report                    Audited Financial Report




          Risiko                  Penjelasan Risiko                                                                  Mitigasi Risiko
           RIsk                    Risk Description                                                                  Risk Mitigation

 Sosial
 Social
 Reputasi              Rusaknya value/nama baik Bank akibat         Bank telah menerapkan kebijakan keuangan berkelanjutan dan transparansi dalam melakukan pengungkapan
                       menurunnya tingkat kepercayaan               pelaporan sustainability report sesuai dengan standar internasional seperti GRI (Global Reporting Initiative).
                       pemangku kepentingan (stakeholder)
                       karena Bank tidak peduli terhadap
                       pengelolaan risiko iklim.

 Reputation            Damage to the Bank's value/good name         The Bank has implemented sustainable finance policies and transparency in disclosing sustainability reporting
                       due to a decrease in the level of trust of   in accordance with international standards such as GRI (Global Reporting Initiative).
                       stakeholders because the Bank does not
                       care about climate risk management.
 Hukum                 Gugatan yang timbul dari pihak lain          Bank telah memiliki kebijakan terkait keuangan berkelanjutan dan menerapkan assessment kredit dalam
                       (contohnya: Lembaga Swadaya                  proses due diligence kredit untuk menilai kelengkapan dokumen perizinan sesuai dengan ketentuan yang
                       Masyarakat) akibat membiayai proyek          berlaku.
                       yang dapat merusak dan mencemari
                       lingkungan.

 Law                   Claims arising from other parties (e.g.      The Bank has a policy related to sustainable finance and applies credit assessment in the credit due diligence
                       Non-Governmental Organizations) for          process to assess the completeness of licensing documents in accordance with applicable regulations.
                       financing projects that may damage and
                       pollute the environment.
 Tata Kelola
 Governance
 Stratejik             Risiko yang dapat terjadi ketika Bank        Bank Raya telah menyesuaikan model bisnis dengan tren keberlanjutan seperti melakukan pengembangan
                       gagal mengantisipasi atau merespons          produk berbasis digital, menerbitkan kebijakan terkait keuangan berkelanjutan yang tertuang dalam pedoman
                       perubahan yang disebabkan oleh faktor        pelaksanaan kerangka acuan strategi keberlanjutan (sustainability), dan menanamkan budaya kerja ramah
                       iklim dimana dapat mengancam                 lingkungan (green office).
                       keberlanjutan bisnis, daya saing dan
                       profitabilitas Bank.                         Selain itu, Bank Raya mendukung penuh target nasional dalam pencapaian Net Zero Emissions (NZE) dengan
                                                                    berkomitmen untuk berperan aktif dalam transisi menuju ekonomi rendah karbon dengan terus mengintegrasikan
                                                                    aspek lingkungan, sosial, dan tata kelola (ESG) ke dalam strategi bisnis dan operasionalnya.

                                                                    Bank Raya memahami bahwa perubahan iklim merupakan faktor risiko yang dapat berdampak signifikan
                                                                    terhadap ketahanan dan keberlangsungan bisnis Bank sehingga penerapan terkait ESG telah tercantum
                                                                    dalam RJPP dan RBB Bank.

 Strategic             Bank fails to anticipate or respond to       Bank Raya has adjusted its business model to sustainability trends such as developing digital-based products,
                       changes caused by climatic factors which     issuing policies related to sustainable finance as stated in the guidelines for the implementation of the
                       can threaten the Bank's business             sustainability strategy terms of reference, and instilling an environmentally friendly work culture (green office).
                       sustainability, competitiveness and
                       profitability.                               In addition, Bank Raya fully supports the national target to achieve Net Zero Emissions (NZE) by committing
                                                                    to play an active role in the transition towards a low-carbon economy through the continuous integration of
                                                                    environmental, social, and governance (ESG) aspects into its business strategy and operations.

                                                                    Bank Raya recognises that climate change is a risk factor that can have a significant impact on the resilience
                                                                    and sustainability of the Bank’s business. Therefore, ESG implementation has been incorporated into the Bank’s
                                                                    Long-Term Corporate Plan (RJPP) and Business Plan (RBB).
 Kepatuhan             Denda yang timbul akibat Bank tidak          Bank telah mematuhi regulasi OJK terkait keuangan berkelanjutan dan tertib melaporkan program - program
                       mematuhi perundang-undangan                  yang mendukung keuangan berkelanjutan.
                       lingkungan hidup ataupun ketentuan
                       regulator.

 Compliance            Fines incurred as a result of the Bank not   The Bank has complied with OJK regulations related to sustainable finance and regularly reported programs
                       complying with environmental legislation     that support sustainable finance.
                       or regulatory requirements.




Keterlibatan Pemangku Kepentingan
Stakeholder Engagement [OJK E.4][GRI 2-29]

Bagi Bank Raya, pemangku kepentingan merupakan mitra strategis yang                          For Bank Raya, stakeholders are strategic partners whose roles and interests
memiliki peran dan pengaruh timbal balik terhadap keberlangsungan                            are intrinsically linked to the sustainability of the Bank’s business and
bisnis dan operasional Perseroan. Bank meyakini bahwa sinergi dan                            operations. The Bank believes that meaningful engagement and productive
keterlibatan yang bermakna menjadi kunci dalam menciptakan nilai                             collaboration are essential to creating shared value while strengthening
bersama yang berkelanjutan, sekaligus memperkuat kepercayaan dan                             long-term trust and relationships.
hubungan jangka panjang.

Identifikasi pemangku kepentingan dilakukan melalui pendekatan yang                          Stakeholder identification is conducted using an approach that considers
mempertimbangkan tingkat kedekatan (proximity) dan besaran pengaruh                          both proximity and the level of influence (power) on the Bank. The
(power) terhadap Bank. Penentuan isu dan topik keterlibatan didasarkan                       determination of engagement topics is informed by management assessments,
pada hasil penilaian manajemen, pemenuhan ketentuan regulasi, serta                          regulatory requirements, and direct input from stakeholders. Engagement
masukan langsung dari para pemangku kepentingan. Proses ini dijalankan                       is carried out through various channels, including questionnaires, face-to-
melalui berbagai kanal, termasuk kuesioner, pertemuan tatap muka,                            face meetings, ongoing communication, and surveys, ensuring that stakeholder
komunikasi berkelanjutan, dan survei, guna memastikan aspirasi dan                           expectations and perspectives are effectively captured and addressed.
ekspektasi dapat terakomodasi secara tepat dan relevan.




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         Performance Highlights                               Management Report                            Company Profile                            Overview of Business Support Units




Metode Identifikasi Kelompok Pemangku Kepentingan                                                 Stakeholder Group Identification Method

Dependency (D)                                     Kelompok atau individu yang secara langsung atau tidak langsung bergantung pada aktivitas, produk atau layanan dan kinerja
                                                   Bank, atau sebaliknya.

                                                   Groups or individuals who directly or indirectly depend on the Bank's activities, products or services and performance, or vice versa
Responsibility (R)                                 Kelompok atau individu yang memiliki, atau di masa depan mungkin memiliki, organisasi hukum, tanggung jawab komersial,
                                                   operasional atau etika/moral atau sebaliknya.

                                                   Groups or individuals who have, or may in the future have, legal organization, commercial, operational or ethical/moral responsibilities
                                                   or vice versa
Tension (T)                                        Kelompok atau individu yang membutuhkan perhatian segera dari organisasi terkait dengan masalah keuangan, ekonomi, sosial
                                                   atau lingkungan yang lebih luas.

                                                   Groups or individuals requiring immediate attention from the organization regarding broader financial, economic, social or
                                                   environmental issues
Influence (I)                                      Kelompok atau individu yang dapat berdampak pada Bank atau pemangku kepentingan pengambilan keputusan strategis atau
                                                   operasional.

                                                   Groups or individuals that can impact the Bank or its stakeholders in strategic or operational decision-making
Diverse Perspective (DP)                           Kelompok atau individu yang pandangannya berbeda dapat mengarah pada pemahaman baru tentang situasi dan identifikasi
                                                   peluang untuk tindakan yang mungkin tidak terjadi.

                                                   Groups or individuals whose views differ can lead to a new understanding of the situation and the identification of opportunities
                                                   for action that may not occur
Proximity (P)                                      Kelompok atau individu yang memiliki kedekatan geografis dengan wilayah operasional Bank.
                                                   Groups or individuals who have geographical proximity to the Bank's operational area



Daftar Para Pemangku Kepentingan Bank                                                             List of the Bank’s Stakeholders

                                                                                                                                                                             Frekuensi
      Pemangku
                               Basis Identifikasi                       Topik Pembahasan                Metode Pelibatan                Pendekatan dan Respons              Pendekatan
     Kepentingan
                             Basis of Identification                     Discussion Topic              Engagement Method                Approach and Response                Approach
     Stakeholder
                                                                                                                                                                             Frequency

Pemegang Saham             D, R, I, P Hubungan                 Peningkatan kinerja Bank               RUPS dan RUPSLB              Pelaporan Kinerja Bank pada           Setiap Tahun dan /
                           ekonomi, kepemilikan dan                                                                                RUPS                                  atau      kapan
                           legal                                                                                                                                         dibutuhkan

Shareholder                economic, ownership, and            Improved Bank performance              GMS and EGMS                 Bank Performance Reporting at         Annually or as
                           legal relations                                                                                         the GMS                               needed
Pemerintah & Otoritas      D, R, T, I, DP, P Legal &           Tersedianya ketentuan dan kebijakan    Pelaporan kerja yang         Pelaporan pelaksanaan                 Minimal 5 (lima) kali
Jasa Keuangan              kepentingan LJK                     yang jelas atas program yang           teratur kepada regulator     Kepatuhan dan notifikasi pada         dalam setahun
                                                               dikembangkan                           dan pemerintah               Otoritas Jasa Keuangan (OJK)          melalui laporan
                                                                                                                                                                         kuartalan dan
                                                                                                                                                                         laporan tahunan

                           Legal & LJK interests D, R,         Availability of clear provisions and   Regular work reporting       Compliance of reporting and           Minimum 5 (five)
Government & Financial     T, I, DP, P                         policies on developed program          to regulators and            notifications to the Financial        times in a year
Service Authority                                                                                     government                   Services Authority (OJK)              through quarterly
                                                                                                                                                                         and annual reports
Masyarakat                 D, R, T, I, DP, P Relasi sosial,    1.   Program CSR                       Kerja sama strategis untuk   1.    Optimalisasi Program CSR.       Sepanjang tahun
                           lisensi sosial, tanggung jawab      2.   Peningkatan edukasi dan           menjalankan program-         2.    Meningkatkan kesejahteraan      melalui aktivitas CSR
                           sosial, serta kedekatan                  pemahaman penggunaan              program tanggung                   masyarakat
                           dengan Bank Raya                         keuangan yang efektif             Jawab Sosial perusahaan,     3.    Memberikan konsultasi dan
                                                                                                      baik di bidang sosial              pelatihan yang lebih luas
                                                                                                      maupun lingkungan                  mengenai perencanaan
                                                                                                                                         keuangan kepada
                                                                                                                                         masyarakat luas.

Public                     social relations, social            1.   CSR Program                       Strategic cooperation        1.    CSR Program Optimization.       CSR activities
                           license, social responsibility,     2.   Increased education and           for corporate social         2.    Improve public welfare          throughout the year
                           as well as closeness with                understanding effective use of    responsibility programs,     3.    Provide consultation and more
                           Bank Raya                                finances                          both in the social and             training regarding financial
                                                                                                      environmental fields               planning to the wider
                                                                                                                                         community.

Nasabah                    D, R, I, P Hubungan Ekonomi         1.   Peningkatan intensitas            1.    Website                1.    K o n s i s t e n s i           Sepanjang tahun
                                                                    penyelenggaraan edukasi terkait   2.    Kunjungan langsung           penyelenggaraan program-        melalui customer
                                                                    produk dan layanan keuangan       3.    Call center                  program edukasi kepada          service dan call
                                                                    Bank, terutama bagi nasabah       4.    Pengukuran                   setiap nasabah.                 center Bank Raya
                                                                    baru dan masyarakat yang belum          kepuasan               2.    Meningkatkan sistem pada
                                                                    teredukasi akses keuangan.        5.    Customer                     fasilitas dan keamanan
                                                               2.   Peningkatan fasilitas dan akses         gathering                    transaksi perbankan.
                                                                    perbankan serta keamanan                                       3.    Memberikan informasi akurat
                                                                    transaksi.                                                           kepada setiap nasabah
                                                               3.   Transparansi informasi layanan                                       mengenai informasi terkini
                                                                    Bank.                                                                produk dan layanan
                                                                                                                                         perbankan.




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       Management Discussion and Analysis                       Good Corporate Governance                      Sustainability Report                      Audited Financial Report




                                                                                                                                                                       Frekuensi
      Pemangku
                          Basis Identifikasi                     Topik Pembahasan                 Metode Pelibatan               Pendekatan dan Respons               Pendekatan
     Kepentingan
                        Basis of Identification                   Discussion Topic               Engagement Method               Approach and Response                 Approach
     Stakeholder
                                                                                                                                                                       Frequency

Customer              Economic relations                1.   Increasing the intensity of         1.   Website               1.    Consistency in the delivery of   Bank Raya customer
                                                             education related to financial      2.   Direct visit                instructional programs to        service dan call
                                                             products and services Banks,        3.   Call center                 individual customers.            center throughout
                                                             especially for new customers and    4.   Satisfaction survey   2.    Enhancing the system’s           the year
                                                             people who have not yet been        5.   Customer gathering          transactional capabilities and
                                                             educated about access finance.                                       security.
                                                        2.   Improved facilities and banking                                3.    Providing each consumer
                                                             access and transaction security.                                     with accurate information
                                                        3.   Information transparency on                                          about banking goods and
                                                             Banking services                                                     services.
Pegawai dan           D, R, T, I, P Legal dan           1.   Hak-hak pegawai.                    Rapat kerja dengan         1.    Memberikan hak penuh             Minimal setahun
Organisasi Pegawai    pemangku kepentingan              2.   Meningkatkan Efektivitas            serikat pegawai                  kepada pegawai terhadap          sekali
                      yang       membantu                    hubungan manajemen dan                                               PKB yang telah ditetapkan.
                      pencapaian tujuan                      pegawai.                                                       2.    Melakukan pertemuan
                      perusahaan                                                                                                  berkala antara manajemen
                                                                                                                                  dengan pegawai.

Employees and         Legal and stakeholder             1.   Employee rights.                    Work meeting with the      1.    Give full rights to employees    At least once a year
Employee              supporting achievement            2.   Improved Effectiveness of           labor union                      on the established CLA.
Organization          of company                             management and Employee                                        2.    Hold regular meetings
                                                             relationships.                                                       between management and
                                                                                                                                  employees.
Rekanan               D, R, T, P Hubungan               Transparansi dalam proses pengadaan      1.   Kontrak Pemasok       Melaksanakan sistem                    Minimal setahun
                      ekonomi dan legal                                                          2.   Mitra investasi       pengadaan yang mematuhi                sekali melalui event
                                                                                                 3.   Koordinasi            prinsip-prinsip panduan kerja          vendor gathering
                                                                                                      operasional           dan standar etika.

Partner               Economic and legal                Transparency in procurement process      1.   Supplier Contract     Implement procurement system           At least once
                      relations                                                                  2.   Investment            that adheres to workrelated            a year through a
                                                                                                      partners              concepts and ethical norms.            vendor gathering
                                                                                                 3.   Operational                                                  event
                                                                                                      Coordination
Media Massa           T, I, DP Relasi sosial, lisensi   Keterbukaan informasi yang akurat        1.   Press release         Memberikan informasi Akurat            Melakukan kunjungan
                      sosial                            dan terkini                              2.   Media visit           mengenai berita terkini Bank           ke unit bisnis
                                                                                                 3.   Press gathering       Raya.                                  Perusahaan untuk
                                                                                                 4.   Press conference                                             memperluas dan
                                                                                                                                                                   memahami bisnis
                                                                                                                                                                   bank.

Mass Media            Social relations, social          Accurate and up to date information      1.   Press release         Provide reliable information           Make visits to the
                      license                           disclosure                               2.   Media visit           about Bank Raya’s newest news.         Company’s business
                                                                                                 3.   Press gathering                                              units to enhance and
                                                                                                 4.   Press conference                                             understand the bank
                                                                                                                                                                   business

Akademisi             D, R, I, P Hubungan edukasi,      1.   Pengembangan riset terkait          1.   Kerja      sama       1.    Membangun kerja sama             Secara berkala
                      penelitian,           dan              keuangan berkelanjutan dan ESG           penelitian                  dengan institusi pendidikan      sesuai kebutuhan
                      pengembangan                      2.   Peningkatan literasi dan edukasi    2.   Seminar/ workshop     2.    Mendukung riset terkait ESG
                      pengetahuan                            keuangan                            3.   Program edukasi             dan keuangan
                                                        3.   Kolaborasi kajian industri          4.   Forum diskusi         3.    Berpartisipasi dalam
                                                             perbankan                                                            kegiatan edukasi

Academician           The relationship among            1.   Developing research related to      1.   Research              1.    Building partnerships with       Periodically as
                      education, research, and               sustainable finance and ESG              collaboration               educational institutions         needed
                      knowledge development             2.   Improving financial literacy and    2.   Seminars/             2.    Supporting research related
                                                             education                                workshops                   to ESG and finance
                                                        3.   Collaborating on banking industry   3.   Educational           3.    Participating in educational
                                                             studies                                  programs                    activities
                                                                                                 4.   Discussion forums

Praktisi              D, I, P Hubungan profesional      1.   Penerapan best practices industri   1.   Forum industri        1.    Berpartisipasi dalam forum       Secara berkala
                      dan pengembangan                  2.   Implementasi ESG dan manajemen      2.   Seminar/ pelatihan          industri                         sesuai kebutuhan
                      industry                               risiko 3. Inovasi produk dan        3.   Kolaborasi proyek     2.    Mengadopsi praktik terbaik
                                                             layanan                             4.   Knowledge sharing           yang relevan
                                                                                                                            3.    Membangun kolaborasi
                                                                                                                                  pengembangan bisnis

Practitioners         Professional relations and        1.   Implementation of industry best     1.   Industry forums       1.    Participating in industry        Periodically as
                      industry development                   practices                           2.   Seminars/ training          forums                           needed
                                                        2.   Implementation of ESG and risk      3.   Project               2.    Adopting relevant best
                                                             management                               collaboration               practices
                                                        3.   Product and service innovation      4.   Knowledge             3.    Building business
                                                                                                      sharing                     development collaborations




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Tantangan Penerapan Usaha Berkelanjutan
Challenges in Sustainable Business Implementation [OJK E.5]

Bank menyadari bahwa penerapan strategi keberlanjutan di sektor perbankan     The Bank recognizes that implementing sustainability strategies in the
dihadapkan pada tantangan yang semakin kompleks, baik dari sisi eksternal     banking sector faces increasingly complex challenges, both externally and
maupun internal. Sebagai lembaga intermediasi yang menghimpun dan             internally. As an intermediary institution that collects and distributes public
menyalurkan dana masyarakat, Bank berkomitmen untuk memastikan bahwa          funds, the Bank is committed to ensuring that business activities are not
kegiatan usaha tidak hanya berorientasi pada kinerja keuangan, tetapi juga    solely oriented towards financial performance but also have a positive
memberikan dampak positif bagi lingkungan dan sosial secara berkelanjutan.    impact on the environment and community in a sustainable manner.

1.   Tantangan Eksternal                                                      1.   External Challenges
     Permasalahan yang dihadapi dari sisi eksternal meliputi:                      External challenges include:
     •   Kebijakan Pemerintah                                                      •   Government Policy
         Perkembangan regulasi di sektor perbankan dan keberlanjutan                   Regulatory developments in the banking sector and sustainability
         mendorong Bank untuk terus menyesuaikan kebijakan, proses                     encourage the Bank to continuously adapt its policies, business
         bisnis, serta pemenuhan ketentuan yang berlaku.                               process, and comply with applicable regulations.
     •   Perekonomian Nasional, Regional, dan Global                               •   National, Regional, and Global Economy
         Dinamika kondisi ekonomi, termasuk perubahan suku bunga dan                   Dynamics of economic conditions, including changes in interest
         tekanan inflasi, memengaruhi kinerja pembiayaan serta profil                  rates and inflationary pressures, affect the Bank's financing
         risiko Bank.                                                                  performance and risk profile.
     •   Lainnya                                                                   •   Others
         Bank juga menghadapi tantangan dari meningkatnya persaingan                   The Bank also faces challenges from increasing industry competition
         industri serta tingkat literasi keuangan dan digital masyarakat               and varying levels of financial and digital literacy among the
         yang masih beragam. Selain itu, percepatan digitalisasi menuntut              public. Furthermore, the acceleration of digitalization requires
         penguatan infrastruktur teknologi dan mitigasi risiko keamanan                stronger technological infrastructure and sustainable mitigation
         siber secara berkelanjutan.                                                   of cybersecurity risks.

     Upaya yang dilakukan:                                                         Efforts undertaken:
     •  Pengembangan layanan e-banking yang aman, andal, dan                       •    Development of secure, reliable, and customer-oriented e-banking
        berorientasi pada kebutuhan nasabah.                                            services.
     •  Peningkatan program literasi dan inklusi keuangan melalui                  •    Enhancement of financial literacy and inclusion programs through
        berbagai kanal komunikasi, termasuk media sosial dan kolaborasi                 various communication channels, including social media and
        dengan pihak eksternal.                                                         collaboration with external parties.
     •  Penguatan sistem keamanan dan infrastruktur teknologi informasi            •    Continuous strengthening of security systems and information
        secara berkelanjutan.                                                           technology infrastructure.

2.   Tantangan Internal                                                       2.   Internal Challenges
     Permasalahan yang dihadapi dari sisi internal meliputi:                       Internal challenges include:
     •   Fokus Bisnis Bank                                                         •    Bank Business Focus
         Kebutuhan untuk menyeimbangkan antara pencapaian target                        The need to balance achieving financial performance targets
         kinerja keuangan dan integrasi prinsip ESG dalam strategi serta                and integrating ESG principles into strategies and financing
         penyaluran pembiayaan.                                                         distribution.
     •   Operasional Bank                                                          •    Bank Operations
         Transformasi menuju operasional yang lebih efisien dan ramah                   Transformation towards more efficient and environmentally friendly
         lingkungan, termasuk digitalisasi proses bisnis dan pengelolaan                operations, including the digitalization of business process and
         sumber daya.                                                                   resource management.
     •   Kebijakan Internal                                                        •    Internal Policies
         Perlunya harmonisasi dan penguatan kebijakan internal agar                     The need to harmonize and strengthen internal policies to align
         selaras dengan prinsip keberlanjutan, termasuk integrasi ESG                   with sustainability principles, including the integration of ESG into
         dalam manajemen risiko dan pembiayaan.                                         risk management and financing.
     •   Keahlian SDM Bank                                                         •    Bank Human Resource Expertise
         Kebutuhan peningkatan kapasitas dan kompetensi SDM dalam                       The need to increase the capacity and competency of human
         memahami serta mengimplementasikan prinsip keberlanjutan                       resources to understand and implement sustainability principles
         secara menyeluruh.                                                             comprehensively.
     •   Lainnya                                                                   •    Others
         Keterbatasan data, metodologi, dan sistem dalam pengukuran                     Limitations in data, methodologies, and systems for measuring
         serta pelaporan kinerja keberlanjutan.                                         and reporting sustainability performance.

     Upaya yang dilakukan:                                                         Efforts undertaken:
     •  Integrasi ESG ke dalam strategi bisnis dan kebijakan internal Bank.        •    Integration of ESG into the Bank's business strategy and internal
                                                                                        policies.
     •    Peningkatan kapasitas SDM melalui pelatihan, workshop, dan               •    Human resource capacity building through training, workshops,
          program literasi keberlanjutan.                                               and sustainability literacy programs.
     •    Pengembangan dan penyempurnaan kebijakan serta prosedur                  •    Development and refinement of internal policies and procedures
          internal yang mendukung implementasi keberlanjutan.                           that support sustainability implementation.
     •    Digitalisasi proses operasional untuk meningkatkan efisiensi dan         •    Digitalization of operational process to increase efficiency and
          mengurangi dampak lingkungan.                                                 reduce environmental impact.
     •    Pengembangan pengelolaan data dan metodologi pengukuran                  •    Gradual and continuous development of data management and
          kinerja ESG secara bertahap dan berkelanjutan.                                ESG performance measurement methodologies.

Melalui berbagai upaya tersebut, Bank berkomitmen untuk terus memperkuat      Through these various efforts, the Bank is committed to consistently and
implementasi prinsip keberlanjutan secara konsisten dan terukur, serta        measurably strengthening the implementation of sustainability principles,
membangun model bisnis yang resilien, inklusif, dan adaptif terhadap          as well as building a business model that is resilient, inclusive, and adaptive
dinamika industri.                                                            to industry dynamics.




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        Management Discussion and Analysis             Good Corporate Governance                     Sustainability Report                Audited Financial Report




Aspek Ekonomi
Economic Aspect

Kinerja ekonomi merupakan fondasi utama bagi keberlanjutan transformasi            Economic performance serves as the cornerstone of Bank Raya’s sustainable
Bank Raya sebagai bank digital yang berfokus pada inklusi dan                      transformation as a digital bank focused on inclusion and empowerment
pemberdayaan segmen produktif. Di tengah dinamika industri perbankan               of productive segments. Amid the evolving banking landscape and shifting
dan perubahan perilaku nasabah, kekuatan kinerja ekonomi tidak hanya               customer behaviour, strong economic performance not only reflects the
mencerminkan kesehatan finansial Perseroan, tetapi juga menjadi prasyarat          Bank’s financial soundness, but also underpins its ability to continuously
penting bagi kemampuan Bank Raya untuk terus berinovasi, memperluas                innovate, expand access to financial services, and create long-term value
akses layanan, serta menciptakan nilai jangka panjang bagi seluruh                 for all stakeholders.
pemangku kepentingan.

Pada tahun 2025, Bank Raya memposisikan kinerja ekonomi tidak semata               In 2025, Bank Raya positioned its economic performance not merely as a
sebagai indikator pertumbuhan, melainkan sebagai enabler strategis bagi            growth indicator, but as a strategic enabler for accelerating digitalisation,
akselerasi digitalisasi, penguatan kapabilitas operasional, serta perluasan        strengthening operational capabilities, and expanding its role within
peran Bank dalam ekosistem ekonomi digital nasional. Namun demikian,               Indonesia’s digital economic ecosystem. However, in a condition that is still
dalam kondisi kinerja yang masih dalam proses transformasi , Bank Raya             in progress of transformation, Bank Raya maintained a balanced approach
mampu menjaga keseimbangan antara ekspansi bisnis dan prinsip kehati-              between business expansion and prudential principles.
hatian.

Secara strategis, kinerja ekonomi Bank Raya berperan dalam:                        Strategically, Bank Raya’s economic performance plays a critical role in:
•   Mendukung investasi berkelanjutan pada teknologi dan infrastruktur             •    Supporting sustained investment in digital technology and infrastructure,
    digital, guna memastikan layanan perbankan yang andal, aman, dan                    to ensure reliable, secure, and accessible banking services.
    mudah diakses oleh berbagai lapisan masyarakat.
•   Memperkuat kapasitas intermediasi keuangan, khususnya melalui                  •     Strengthening financial intermediation capacity, particularly through
    penyaluran pembiayaan produktif kepada segmen UMKM dan pelaku                        productive lending to MSMEs and digital micro-entrepreneurs.
    usaha mikro digital.
•   Menjaga resiliensi bisnis di tengah volatilitas ekonomi dan persaingan         •     Maintaining business resilience amid economic volatility and industry
    industri, melalui penguatan struktur pendanaan, kualitas aset, serta                 competition, through stronger funding structure, asset quality, and
    efisiensi operasional.                                                               operational efficiency.
•   Meningkatkan kepercayaan pemangku kepentingan, termasuk                        •     Enhancing stakeholder confidence, including customers and investors,
    nasabah dan investor, sebagai cerminan dari transparansi kepada                      as a reflection of the public’s transparency and consistent governance.
    publik dan tata kelola yang konsisten.

Selain itu, Bank Raya dapat memperluas kontribusinya terhadap agenda               Other than that, Bank Raya plans expand its contribution to the sustainability
pembangunan berkelanjutan. Dengan basis keuangan yang kuat, Perseroan              agenda. With a robust financial base, the Bank is better positioned to:
memiliki ruang yang lebih luas untuk:
•   Mendorong inklusi keuangan yang lebih merata, khususnya bagi                   •     Promote broader financial inclusion, especially for segments that
    segmen yang belum terlayani optimal oleh perbankan konvensional.                     remain underserved by conventional banking.
•   Mengintegrasikan prinsip keberlanjutan dalam strategi bisnis, termasuk         •     Integrate sustainability principles into business strategy, including
    dalam pengembangan produk, kebijakan pembiayaan, dan pengelolaan                     product development, financing policies, and risk management.
    risiko.
•   Memperkuat penerapan tata kelola perusahaan yang baik (Good                    •     Strengthen the implementation of Good Corporate Governance as
    Corporate Governance) sebagai fondasi pertumbuhan jangka panjang                     the basis for responsible long-term growth.
    yang bertanggung jawab.

Dengan pendekatan tersebut, kinerja ekonomi tidak hanya diposisikan                Through this approach, economic performance is not merely viewed as
sebagai hasil akhir, tetapi sebagai mesin penggerak transformasi Bank              an outcome, but as a key driver of Bank Raya’s transformation into a more
Raya menuju bank digital yang semakin relevan, tangguh, dan berdampak              relevant, resilient, and impactful digital bank.
positif bagi perekonomian.

Berikut ini merupakan uraian kinerja ekonomi Bank Raya sepanjang tahun             The following section outlines Bank Raya’s economic performance throughout
2025.                                                                              2025.

Perbandingan Target dan Kinerja Produksi, Pendapatan,                              Comparison of Production Targets and Performance,
dan Laba Rugi [OJK F.2]                                                            Revenue and Profit (Loss) [OJK F.2]

                                                                                                                             Dalam Jutaan Rupiah | In Million Rupiah

                                           2025                                           2024                                            2023
         Uraian
       Description                      Realisasi    Pencapaian                         Realisasi     Pencapaian                        Realisasi     Pencapaian
                           Target                                      Target                                            Target
                                       Realization   Achievement                       Realization    Achievement                      Realization    Achievement

 Total Aset               13.429.721    13.087.108         97,45%     12.552.259        13.128.920         104,59%      14.155.905       12.440.642         87,88%
 Total Assets

 Dana Pihak Ketiga         9.062.219     9.544.986        105,33%      8.133.052         8.313.883          97,82%      10.309.637        8.185.975         79,40%
 Third-Party Funds

 Kredit yang Diberikan     7.702.886     7.715.323        100,16%      6.983.662         7.125.951         102,04%        8.196.162       6.893.331         84,10%
 Loans

 Pendapatan Bunga            717.017       696.345         97,12%       555.601            571.969         102,95%         466.410          487.829        104,59%
 Bersih
 Net Interest Income




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                                                                                                                                       Dalam Jutaan Rupiah | In Million Rupiah

                                               2025                                              2024                                                 2023
         Uraian
       Description                          Realisasi      Pencapaian                         Realisasi         Pencapaian                          Realisasi       Pencapaian
                              Target                                            Target                                              Target
                                           Realization     Achievement                       Realization        Achievement                        Realization      Achievement

 Pendapatan Fee Based            16.988         10.843           63,82%           14.120             10.816           76,60%           14.524           13.059           89,91%
 Fee Based Income



 Laba (Rugi) Bersih               87.714      (498.613)         -568,45%          40.436             50.892          125,86%           22.667           24.351          107,43%
 Net Profit (Loss)



Perbandingan Target dan Realisasi Investasi pada                                           Comparison of Investment Targets and Realization in
Proyek Berwawasan Lingkungan [OJK F.3, F.4]                                                Environmentally Friendly Projects [OJK F.3, F.4]

                                                                            2025                                      2024                                   2023
                            Uraian
                          Description                                               Persentase                                Persentase                            Persentase
                                                                  Nominal                                  Nominal                                Nominal
                                                                                    Percentage                                Percentage                            Percentage

 Penyaluran Pembiayaan
 Financing Disbursement
 Energi Terbarukan
 Renewable Energy
 Pengelolaan Sumber Daya Alam Hayati dan Penggunaan                 1.079.600                13,99             788.958              11,07            884.297              12,84
 Lahan yang Berkelanjutan

 Management of Natural Resources and Sustainable Land Use
 Kegiatan UMKM                                                      2.584.414                33,50            2.181.870             30,62           2.007.348             29,12
 MSME activities
 Total KUB                                                          3.664.014                47,49            2.970.828             41,69           2.891.645             41,95
 Total KYD                                                          7.715.323                                 7.125.951                             6.893.331
 Penghimpunan Dana
 Fund Collection
 Penghimpunan dana yang memenuhi kriteria kegiatan usaha            2.206.120                23,09            1.318.967             16,22            839.251              10,25
 berkelanjutan (Digital Saving)

 Fundraising that meets the criteria for sustainable business
 activities (Digital Saving)
 Total DPK                                                          9.552.751                                 8.133.052                             8.186.875
 Total Third-Party Fund




Nilai Ekonomi Langsung yang Dihasilkan dan Didistribusikan
Direct Economic Value Generated and Distributed [GRI 3-3, 201-1]

Sebagai bagian dari transformasinya menjadi bank digital yang inklusif                     As part of its transformation into an inclusive and sustainable digital bank,
dan berkelanjutan, Bank Raya memandang penciptaan dan distribusi nilai                     Bank Raya views the creation and distribution of economic value as an
ekonomi sebagai satu kesatuan proses yang saling terhubung. Nilai ekonomi                  integrated and interconnected process. Economic value becomes a strategic
menjadi sumber daya strategis untuk memperkuat ketahanan bisnis,                           resource to strengthen business resilience, expand access to financial
memperluas akses layanan keuangan, serta menciptakan dampak positif                        services, and deliver broader positive impacts on the economy and society.
yang lebih luas bagi perekonomian dan masyarakat.

Sepanjang tahun 2025, Bank Raya terus mengoptimalkan sumber-sumber                         Throughout 2025, Bank Raya continued to optimise its sources of economic
nilai ekonomi melalui penguatan model bisnis digital, peningkatan efisiensi                value by strengthening of its digital business model, improvements in
operasional, serta pengembangan produk dan layanan yang relevan                            operational efficiency, and the development of products and services that
dengan kebutuhan nasabah di berbagai segmen.                                               respond to the evolving needs of customers across various segments.




Nilai Ekonomi yang Dihasilkan                                                              Economic Value Generated
Nilai ekonomi yang dihasilkan Bank Raya mencakup pendapatan yang                           The economic value generated by Bank Raya includes income earned
diperoleh dari berbagai aktivitas perbankan, seperti penyaluran kredit,                    from various banking activities, such as lending, digital services, investments,
layanan digital, investasi, dan produk keuangan lainnya. Pendapatan                        and other financial products. Stable operating income and digital business
operasional yang stabil dan pertumbuhan bisnis digital menunjukkan                         growth show that Bank Raya is still optimizing market opportunities, despite
bahwa Bank Raya masih mampu memanfaatkan peluang pasar, meskipun                           global economic challenges.
di tengah tantangan ekonomi global.




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Pengembangan layanan digital menjadi salah satu sumber utama nilai            The development of digital services became one of the main sources of
ekonomi baru. Dengan menyediakan solusi keuangan berbasis teknologi,          new economic value. By providing technology-based financial solutions,
Bank Raya tidak hanya meningkatkan efisiensi tetapi juga memperluas           Bank Raya not only improves efficiency but also expands the reach of
jangkauan layanan kepada masyarakat, termasuk mereka yang berada              services to the community, including those in remote areas.
di wilayah terpencil.


Nilai Ekonomi yang Didistribusikan                                            Distributed Economic Value
Nilai ekonomi yang dihasilkan didistribusikan kepada berbagai pihak:          The economic value generated is distributed to various parties:

•   Nasabah:                                                                  •    Customers:
    Bank Raya memberikan nilai ekonomi kepada nasabah melalui produk               Bank Raya delivers economic value to customers through innovative
    dan layanan yang inovatif, suku bunga kompetitif, serta pengalaman             products and services, competitive interest rates, and a fast, secure
    transaksi yang cepat, aman, dan mudah.                                         and easy transaction experience.

•   Pekerja:                                                                  •    Employees:
    Sebagai bentuk investasi pada sumber daya manusia, Bank Raya                   As a form of investment in human capital, Bank Raya provides fair
    memberikan remunerasi yang adil, program pelatihan, dan peluang                remuneration, training programs, and career development opportunities
    pengembangan karier untuk mendukung kesejahteraan pekerja.                     to support employee welfare.

•   Pemegang Saham:                                                           •    Shareholders:
    Melalui dividen dan peningkatan nilai saham, Bank Raya mendistribusikan        Through dividends and increased share value, Bank Raya distributes
    nilai ekonomi kepada pemegang saham sebagai hasil dari pertumbuhan             economic value to shareholders as a result of sustainable financial
    kinerja keuangan yang berkelanjutan.                                           performance growth.

•   Pemerintah:                                                               •    Government:
    Kontribusi terhadap perekonomian juga diwujudkan melalui pembayaran            Contribution to the economy is also realized through the payment of
    pajak, yang menjadi salah satu sumber penerimaan negara, serta                 taxes, which is one of the sources of state revenue, as well as contributions
    kontribusi dalam bentuk pembayaran premi kepada Otoritas Jasa                  in the form of premium payments to the Financial Services Authority
    Keuangan (OJK) dan Lembaga Penjamin Simpanan (LPS).                            (OJK) and the Deposit Insurance Corporation (LPS).

•   Masyarakat:                                                               •    Society:
    Melalui program tanggung jawab sosial perusahaan (CSR) dan                     Through corporate social responsibility (CSR) programs and inclusive
    penyaluran kredit yang inklusif, Bank Raya mendukung pengembangan              financing, Bank Raya supports the development of micro, small and
    usaha mikro, kecil, dan menengah (UMKM), serta berkontribusi pada              medium enterprises (MSMEs), and contributes to community development.
    pembangunan masyarakat.

Distribusi nilai ekonomi Bank Raya tidak hanya berorientasi pada hasil        Bank Raya's distribution of economic value is not only oriented towards
finansial, tetapi juga pada dampak sosial dan lingkungan. Komitmen ini        loan disbursment, returns, but also on social and environmental impacts.
tercermin dalam upaya bank untuk mendukung inisiatif keberlanjutan            This commitment is reflected in the bank's efforts to support sustainability
yang sejalan dengan Tujuan Pembangunan Berkelanjutan (SDGs), termasuk         initiatives in line with the Sustainable Development Goals (SDGs), including
inklusi keuangan, pengurangan kesenjangan ekonomi, dan pemberdayaan           financial inclusion, reducing economic disparities, and community
komunitas.                                                                    empowerment.


Nilai Ekonomi yang Ditahan                                                    Retained Economic Value
Bank juga mencatatkan nilai ekonomi yang ditahan yang merupakan               Banks also record retained economic value, which is the difference between
selisih antara nilai ekonomi yang dihasilkan dikurangi dengan nilai ekonomi   economic value generated minus economic value distributed.
yang didistribusikan.




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                                                                                                                 Dalam Jutaan Rupiah | In Million Rupiah
                                             Uraian
                                                                                               2025                    2024                    2023
                                           Description

 Nilai Ekonomi yang Dihasilkan
 Direct Economic Value Generated [a]
 Pendapatan Bunga                                                                              1.190.262               1.045.261                 890.959
 Interest income
 Pendapatan Operasional Lainnya                                                                  167.230                 529.961                 413.566
 Other Operating Income
 Pendapatan Non Operasional                                                                        7.122                   2.966                   4.399
 Non-Operational Income
 Jumlah Nilai Ekonomi yang Dihasilkan                                                          1.364.615               1.578.188               1.308.924
 Total Direct Economic Value Generated
 Nilai Ekonomi yang Didistribusikan
 Direct Economic Value Distributed [b]
 Beban Bunga                                                                                   (493.917)               (473.292)               (403.130)
 Interest Expense
 Beban Penyisihan Kerugian Aset Produktif dan Aset Non Produktif                                (553.613)              (410.261)               (156.401)
 Allowance for Losses on Earning Assets and Non-Earning Assets
 Beban Operasional Lainnya di Luar Biaya Pegawai                                                (348.143)              (315.966)               (307.578)
 Other Operating Expenses excluding employee costs
 Beban Operasional Lainnya di Luar Biaya CSR                                                      (2.531)                 (2.608)                 (2.617)
 Non-Operational Expenses excluding CSR costs
 Gaji Pegawai dan Tunjangan Lainnya (Beban Personalia)                                          (288.127)              (320.720)               (313.424)
 Employee Salaries and Other Benefits (Personnel Expenses)
 Investasi Dana CSR                                                                                 (624)                  (752)                   (365)
 CSR Fund Investment
 Pengeluaran untuk pemerintah (pajak, retribusi, dan lain-lain)                                 (125.670)              (121.382)                 (98.686)
 Expenditures for the government (taxes, levies, etc.)
 Jumlah Nilai Ekonomi yang Didistribusikan                                                    (1.812.625)             (1.644.981)             (1.282.201)
 Total Direct Economic Value Distributed
 Nilai Dividen yang Dibayarkan [c]
 Value of Dividend Paid
 Pembayaran Dividen kepada Pemegang Saham                                                                 -                     -                       -
 Dividend Payment to Shareholders
 Jumlah Nilai Ekonomi yang Didistribusikan                                                    (1.812.625)             (1.644.981)             (1.282.201)
 Total Economic Value Distributed [b+c]
 Jumlah Nilai Ekonomi yang Ditahan                                                              (448.010)               (66.793)                  26.723
 Total Economic Value Retained [a-b-c]




Strategi Transisi dan Adaptasi Perubahan                                        Climate Transition and Adaptation Strategy
Iklim serta Prinsip Just Transition [GRI 3-3]                                   and Just Transition Principles [GRI 3-3]

Sebagai bank digital yang berkomitmen pada pertumbuhan berkelanjutan,           As a digital bank committed to sustainable growth, Bank Raya views climate
Bank Raya memandang perubahan iklim bukan hanya sebagai sumber                  change not only as a source of risk, but also as a strategic factor shaping
risiko, tetapi juga sebagai faktor strategis yang membentuk arah transformasi   its long-term business transformation. Accordingly, the Bank integrates
bisnis jangka panjang. Oleh karena itu, Perseroan mengintegrasikan isu          climate considerations into its strategy through a climate change mitigation
iklim ke dalam perencanaan strategis melalui penyusunan rencana transisi        transition plan, a climate adaptation plan, and the application of just
mitigasi perubahan iklim, rencana adaptasi terhadap dampak perubahan            transition principles, ensuring that the transformation remains inclusive and
iklim, serta penerapan prinsip just transition guna memastikan bahwa            equitable.
transformasi yang dijalankan tetap inklusif dan berkeadilan.


Rencana Transisi untuk Mitigasi                                                 Transition Plan for Climate Change
Perubahan Iklim [GRI 102-1]                                                     Mitigation [GRI 102-1]

Rencana transisi Bank Raya diarahkan untuk secara bertahap menurunkan           Bank Raya’s transition plan is designed to gradually reduce the carbon
jejak karbon dari aktivitas operasional dan portofolio kredit, sekaligus        footprint of its operations and loan portfolio, while promoting business
mendorong pertumbuhan bisnis yang selaras dengan ekonomi rendah                 growth aligned with a low-carbon economy. This approach is embedded
karbon. Pendekatan ini diintegrasikan ke dalam strategi bisnis, kebijakan       in the Bank’s business strategy, financing policies, and digital product
pembiayaan, serta pengembangan produk dan layanan digital.                      development.




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Arah utama rencana transisi meliputi:                                           Key directions of the transition plan include:
•   Integrasi pertimbangan risiko dan peluang iklim ke dalam kebijakan          •   Integrating climate-related risks and opportunities into credit policies
    kredit dan manajemen risiko.                                                    and risk management.
•   Penguatan pembiayaan berkelanjutan, termasuk pembiayaan hijau               •   Strengthening sustainable finance, including green financing and
    dan produk simpanan berbasis digital yang mendukung agenda                      digital-based savings and funding products.
    lingkungan.
•   Peningkatan efisiensi operasional dan pemanfaatan teknologi digital         •    Improving operational efficiency and leveraging digital technology
    untuk menekan konsumsi energi dan jejak lingkungan.                              to reduce energy consumption and environmental footprint.
•   Penguatan tata kelola dan peran manajemen dalam mengawasi                   •    Strengthening governance and management oversight of climate
    implementasi agenda iklim sebagai bagian dari strategi Perseroan.                initiatives as part of the Bank’s strategic agenda.

Melalui rencana transisi ini, Bank Raya secara bertahap menyelaraskan           Through this transition plan, Bank Raya progressively aligns its growth
arah pertumbuhan bisnisnya dengan upaya mitigasi perubahan iklim,               trajectory with climate mitigation efforts while safeguarding portfolio
sekaligus menjaga ketahanan portofolio dan keberlanjutan kinerja jangka         resilience and long-term performance.
panjang.


Rencana Adaptasi terhadap Perubahan                                             Climate Change Adaptation Plan
Iklim [GRI 102-2]                                                               [GRI 102-2]

Selain mitigasi, Bank Raya juga menyadari bahwa dampak perubahan                In addition to mitigation, Bank Raya recognises that both physical and
iklim, baik yang bersifat fisik maupun transisi, dapat memengaruhi              transition climate risks can affect business continuity and asset quality.
kelangsungan operasional dan kualitas aset. Oleh karena itu, Perseroan          Therefore, the Bank has developed an adaptation approach to enhance
mengembangkan pendekatan adaptasi untuk meningkatkan ketahanan                  its resilience under various climate risk scenarios.
bisnis terhadap berbagai skenario risiko iklim.

Fokus utama rencana adaptasi meliputi:                                          The main focus of the adaptation plan includes:
•   Identifikasi dan pemetaan risiko fisik, seperti banjir dan cuaca ekstrem,   •   Identifying and mapping physical risks, such as floods and extreme
    yang berpotensi mempengaruhi kegiatan operasional maupun debitur                weather, that may affect operations and borrowers in certain sectors.
    di sektor-sektor tertentu.
•   Penguatan ketahanan sistem dan proses bisnis melalui digitalisasi           •    Strengthening system and business process resilience through service
    layanan dan penguatan infrastruktur teknologi.                                   digitalisation and robust IT infrastructure.
•   Penyesuaian kebijakan dan prosedur internal untuk memastikan                •    Adjusting internal policies and procedures to ensure service continuity
    kesinambungan layanan kepada nasabah dalam berbagai kondisi.                     under different conditions.
•   Peningkatan kapasitas organisasi dan kesadaran internal dalam               •    Enhancing organisational capacity and internal awareness to address
    menghadapi risiko iklim jangka menengah dan panjang.                             medium- and long-term climate risks.

Pendekatan adaptasi ini membantu Bank Raya tidak hanya meminimalkan             This adaptation approach enables Bank Raya not only to mitigate potential
potensi dampak negatif perubahan iklim, tetapi juga memanfaatkan                adverse impacts of climate change, but also to capture opportunities arising
peluang yang muncul dari pergeseran menuju ekonomi yang lebih tangguh           from the transition towards a more resilient and sustainable economy.
dan berkelanjutan.


Penerapan Prinsip Just Transition                                               Implementation of Just Transition
[GRI 102-3]                                                                     Principles [GRI 102-3]

Dalam menjalankan agenda transisi dan adaptasi, Bank Raya berkomitmen           In implementing its transition and adaptation agenda, Bank Raya is
untuk menerapkan prinsip just transition, yaitu memastikan bahwa perubahan      committed to applying just transition principles, ensuring that the shift
menuju praktik bisnis yang lebih berkelanjutan dilakukan secara adil,           towards more sustainable business practices is fair, inclusive, and mindful
inklusif, dan memperhatikan dampaknya terhadap pekerja, masyarakat,             of its impacts on employees, communities, and other stakeholders.
dan pemangku kepentingan lainnya.

Komitmen ini diwujudkan melalui:                                                This commitment is reflected through:
•  Pengembangan kapasitas dan peningkatan kompetensi karyawan                   •    Capacity building and upskilling of employees in line with the Bank’s
   agar selaras dengan arah transformasi digital dan keberlanjutan.                  digital and sustainability transformation.
•  Penguatan peran pembiayaan inklusif untuk mendukung UMKM dan                 •    Strengthening inclusive financing to support MSMEs and communities
   segmen masyarakat yang rentan terhadap dampak perubahan iklim.                    vulnerable to climate change impacts.
•  Pelibatan pemangku kepentingan dalam merumuskan dan                          •    Engaging stakeholders in the formulation and refinement of sustainability
   menyempurnakan kebijakan terkait keberlanjutan dan perubahan                      and climate-related policies.
   iklim.
•  Upaya meminimalkan dampak sosial negatif yang mungkin timbul                 •    Mitigating potential negative social impacts arising from strategic and
   dari perubahan strategi dan model bisnis.                                         business model changes.

Dengan pendekatan ini, Bank Raya memastikan bahwa agenda iklim                  Through this approach, Bank Raya ensures that its climate agenda not only
tidak hanya berfokus pada aspek lingkungan dan bisnis, tetapi juga              addresses environmental and business considerations, but also delivers
menciptakan nilai sosial yang berkelanjutan.                                    lasting social value.




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Defined Benefit Plan and Other Pension Plan Obligations [201-3]

Sebagai bagian dari komitmennya dalam melindungi kesejahteraan                       As part of its commitment to safeguarding employee welfare, Bank Raya
pekerja, Bank Raya menjalankan kewajiban imbalan pasca kerja sesuai                  fulfils its post-employment benefit obligations in accordance with the
dengan ketentuan peraturan perundang-undangan yang berlaku, termasuk                 prevailing regulations, including Law No. 13 of 2003 on Manpower. This
Undang-Undang No. 13 Tahun 2003 tentang Ketenagakerjaan. Pemenuhan                   commitment not only demonstrates regulatory compliance, but also
kewajiban ini tidak hanya mencerminkan kepatuhan terhadap regulasi,                  represents a tangible contribution in delivering direct economic value to
tetapi juga merupakan wujud nyata kontribusi Perseroan dalam menciptakan             employees.
nilai ekonomi langsung bagi pekerja.

Untuk memperkuat perlindungan jangka panjang, Bank Raya                              To further strengthen long-term employee protection, Bank Raya enrols its
mengikutsertakan pekerja dalam berbagai program jaminan sosial                       employees in various social security programmes, including the Old Age
ketenagakerjaan, termasuk Program Jaminan Hari Tua dan Jaminan                       Security and Pension Security programmes administered by BPJS
Pensiun yang diselenggarakan oleh BPJS Ketenagakerjaan, serta program                Ketenagakerjaan, as well as other benefit schemes provided by the Bank
jaminan lain yang disediakan oleh Bank sesuai dengan ketentuan yang                  in line with applicable provisions.
berlaku.

Selain itu, Bank Raya juga menyelenggarakan program pensiun iuran pasti              In addition, Bank Raya implements a defined contribution pension programme
melalui Dana Pensiun Lembaga Keuangan (DPLK) BRI. Iuran program ini                  through BRI’s Financial Institution Pension Fund (DPLK BRI). Contributions
dipotong secara otomatis dari gaji bulanan pekerja dan disetorkan ke                 to this programme are deducted automatically from employees’ monthly
rekening DPLK BRI, dengan skema pembiayaan sebesar 80% ditanggung                    salaries and transferred to their respective DPLK BRI accounts, under a
oleh Perseroan dan 20% oleh pekerja. Melalui mekanisme ini, Bank Raya                cost-sharing scheme whereby 80% is borne by the Company and 20% by
memastikan tersedianya manfaat pensiun yang terencana dan berkelanjutan              the employees. Through this arrangement, Bank Raya ensures the availability
bagi pekerja di masa purnabakti.                                                     of structured and sustainable retirement benefits for its employees.


 Jumlah Dana Pensiun selama 1 (satu) Tahun
 Total cost of Pension Funds for 1 (one) year
                                                                                                                      Dalam Jutaan Rupiah | In Million Rupiah
                       2025                                                  2024                                                    2023

                       1.169                                                 1.108                                                   1.073




Bantuan Keuangan yang Diterima dari Pemerintah
Financial Aid from the Government [GRI 201-4]

Selama tahun 2025, Bank Raya Indonesia tidak mendapatkan bantuan                     During 2025, Bank Raya Indonesia did not receive direct financial aid from
finansial langsung dari pemerintah.                                                  the government.



Dampak Ekonomi Tidak Langsung
Indirect Economic Impact [GRI 3-3, 203-1, 203-2]

Sebagai bagian dari perannya dalam ekosistem keuangan nasional, Bank                 As part of its role within the national financial ecosystem, Bank Raya creates
Raya menciptakan nilai ekonomi melalui aktivitas bisnis utamanya dan                 economic value through its core business activities and delivers broader
menghadirkan dampak ekonomi tidak langsung yang meluas bagi                          indirect economic impacts to communities and its areas of operation. This
masyarakat dan wilayah operasionalnya. Kontribusi ini menjadi bagian                 contribution reflects the Company’s commitment to promoting inclusive
dari komitmen Perseroan dalam mendorong pertumbuhan yang inklusif                    and sustainable growth for its stakeholders.
dan berkelanjutan bagi para pemangku kepentingan.

Melalui fungsi intermediasi keuangan, Bank Raya secara konsisten                     Through its intermediation function, Bank Raya consistently strengthens
memperkuat ekonomi lokal dengan menyalurkan pembiayaan kepada                        local economies by providing financing to Micro, Small, and Medium
pelaku Usaha Mikro, Kecil, dan Menengah (UMKM), sehingga mendorong                   Enterprises (MSMEs), thereby enhancing business capacity, creating added
peningkatan kapasitas usaha, penciptaan nilai tambah, serta perputaran               value, and stimulating economic circulation at the grassroots level. At the
ekonomi di tingkat akar rumput. Di sisi lain, Perseroan juga berkontribusi           same time, the Company contributes to job creation, both directly through
dalam penciptaan lapangan kerja, baik secara langsung melalui rekrutmen              employee recruitment—including from communities surrounding its operational
pekerja termasuk dari masyarakat di sekitar wilayah operasional maupun               areas—and indirectly through economic activities that grow alongside the
secara tidak langsung melalui aktivitas ekonomi yang tumbuh seiring                  Bank’s business expansion.
ekspansi layanan Bank.

Kontribusi terhadap ekonomi lokal juga diwujudkan melalui keterlibatan               Support for the local economy is also realised through the engagement of
pemasok dan mitra usaha. Bank Raya membuka peluang bagi pelaku                       suppliers and business partners. Bank Raya opens opportunities for local
usaha lokal untuk berpartisipasi sebagai penyedia barang dan jasa yang               enterprises to participate as providers of goods and services required for
mendukung kegiatan operasional Bank. Sepanjang tahun 2025, Bank                      the Bank’s operations. Throughout 2025, the Bank worked with a 104 local
bekerja sama dengan 104 pemasok lokal. Uraian lengkap mengenai rantai                suppliers. A detailed description of the Company’s supply chain is presented
pasokan Perseroan disajikan pada Bab Profil. [GRI 204-1]                             in the Profile Chapter. [GRI 204-1]




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Selain melalui aktivitas bisnis, Bank Raya juga memperkuat dampak                        Beyond business activities, Bank Raya further strengthens its indirect
ekonomi tidak langsung melalui investasi sosial yang dijalankan dalam                    economic impact through social investments implemented under its Social
kerangka Tanggung Jawab Sosial dan Lingkungan (TJSL). Program-program                    and Environmental Responsibility (SER/TJSL) programmes. These initiatives
ini dirancang untuk mendukung pencapaian Tujuan Pembangunan                              are designed to support the achievement of the Sustainable Development
Berkelanjutan (TPB), khususnya dalam peningkatan kualitas hidup masyarakat               Goals (SDGs), particularly in improving community well-being and
dan penguatan fondasi pembangunan di tingkat lokal.                                      strengthening local development foundations.

Selama tahun pelaporan, Bank Raya telah merealisasikan sejumlah inisiatif                During the reporting year, Bank Raya implemented several initiatives related
pembangunan infrastruktur serta penyediaan sarana dan prasarana umum                     to the development of infrastructure as well as the provision of public
yang memberikan manfaat jangka panjang bagi masyarakat di sekitar                        facilities and amenities that generate long-term benefits for communities
wilayah kegiatan.                                                                        in the surrounding areas.

Berikut ini merupakan ringkasan investasi Bank Raya dalam pembangunan                    The following section presents a summary of Bank Raya’s investments in
infrastruktur, sarana, dan prasarana publik sepanjang tahun 2025.                        public infrastructure, facilities, and amenities throughout 2025. [GRI 203-1,
 [GRI 203-1, 413-1]                                                                      413-1]


        Sarana/Prasarana/Infrastruktur                                                           Dampak Kepada Masyarakat
            Facilities/Infrastructure                                                                Impact on Society

 Kuliner Jatiraras Sawarga                       Peningkatan sarana dan prasarana guna mendukung kenyamanan, serta kemudahan beraktivitas bagi para pelaku usaha
                                                 dan pengunjung.

 Jatiraras Sawarga Culinary                      Improving facilities and infrastructure to support comfort and ease of activity for business operators and visitors.
 Penanaman Mangrove Pantura Green Belt Program   Menjaga kelestarian ekosistem pesisir, mencegah abrasi, mendukung keberlanjutan lingkungan, serta memberikan manfaat
                                                 ekonomi bagi petani sekitar melalui pemanfaatan mangrove sebagai sumber pendapatan.

 Mangrove Plant of Pantura Green Belt Program    Preserving the coastal ecosystem, preventing erosion, supporting environmental sustainability, and providing economic
                                                 benefits to local farmers through the utilization of mangroves as a source of income.
 Sentra Wisata Kuliner Srikana                   Mendorong peningkatan keamanan daya tarik bagi pengunjung dan mendorong produktivitas pelaku usaha.
 Srikana Culinary Tourism Center                 Promoting increased safety and attractiveness for visitors and encouraging the productivity of business operators.
 Pelaku UMKM Kuliner Sidodadi                    Mendorong peningkatan daya tarik pelaku usaha, serta meningkatkan kenyamanan bagi pelaku usaha dan para pengunjung.
 Sidodadi Culinary MSME Entrepreneurs            Promoting increased attractiveness for business operators, as well as enhancing comfort for business operators and visitors.




Anti Korupsi
Anti-Corruption [GRI 3-3, 205-1, 205-2]

Bank Raya menempatkan integritas sebagai fondasi utama dalam                             Bank Raya places integrity at the core of all its business activities. The
menjalankan seluruh aktivitas usaha. Perseroan menyadari bahwa risiko                    Company recognises that corruption risks may arise in various business
korupsi dapat muncul di berbagai proses bisnis, baik yang bersifat operasional,          processes, whether operational, administrative, or in interactions with third
administratif, maupun dalam interaksi dengan pihak ketiga. Oleh karena                   parties. Accordingly, the Bank continuously strengthens its anti-corruption
itu, Bank secara konsisten memperkuat sistem pencegahan korupsi melalui                  framework through comprehensive policies, procedures, and internal control
penerapan kebijakan, prosedur, serta pengendalian internal yang                          mechanisms.
komprehensif.

Komitmen ini diwujudkan tidak hanya melalui penetapan kebijakan anti                     This commitment is demonstrated not only through the establishment of
korupsi, tetapi juga melalui upaya berkelanjutan untuk membangun budaya                  anti-corruption policies, but also through ongoing efforts to foster a culture
sadar risiko dan kepatuhan di seluruh tingkatan organisasi. Bank Raya                    of risk awareness and compliance across all levels of the organisation.
secara aktif melakukan sosialisasi dan edukasi kepada seluruh Insan Bank                 Bank Raya actively conducts socialisation and educational programmes
Raya serta pihak-pihak terkait agar memahami, mematuhi, dan menerapkan                   for all employees and relevant parties to ensure that they understand,
ketentuan anti korupsi dalam setiap pelaksanaan tugas dan pengambilan                    comply with, and consistently apply anti-corruption principles in their daily
keputusan.                                                                               duties and decision-making processes.

Sepanjang tahun 2025, Perseroan menyelenggarakan berbagai kegiatan                       Throughout 2025, the Company carried out several anti-corruption socialisation
sosialisasi dan pelatihan anti korupsi, antara lain:                                     and training activities, including:
•    Pelaksanaan Surveillance Audit ISO 37001:2016 Sistem Manajemen                      •   Implementation of ISO 37001:2016 Anti-Bribery Management System
     Anti Penyuapan dengan hasil Bank Raya mempertahankan sertifikat                         Surveillance Audit with Bank Raya maintaining its certification. ISO
     tersebut. Sertifikasi ISO 37001:2016 Sistem Manajemen Anti Penyuapan:                   37001:2016 Anti-Bribery Management System Certification: valid from
     berlaku dari 24 Feb 2025 - 23 Feb 2028.                                                 February 24, 2025 to February 23, 2028.
•    Awareness Training ISO 37001:2016 Sistem Manajemen Anti Penyuapan                   •   Awareness Training on ISO 37001:2016 Anti-Bribery Management
     yang diikuti oleh Fungsi Kepatuhan Anti Penyuapan (Divisi Legal &                       System was attended by the Anti-Bribery Compliance Function (Legal
     Compliance, Divisi Enterprise Risk Management & Divisi Internal Audit),                 & Compliance Division, Enterprise Risk Management Division & Internal
     Divisi Finance & Asset Management, Divisi Human Capital dan Desk                        Audit Division), Finance & Asset Management Division, Human Capital
     Procedure & Policy pada tanggal 9 Oktober 2025.                                         Division and Procedure & Policy Desk on October 9, 2025.
•    Raya E-Learning Sistem Manajemen Anti Penyuapan dan Pengendalian                    •   Raya E-Learning Anti-Bribery Management System and Gratuity Control
     Gratifikasi pada tanggal 12 - 21 November 2025 untuk seluruh pekerja                    on November 12-21, 2025 for all Bank Raya employees.
     Bank Raya.
•    Awareness ISO 37001:2016 Sistem Manajemen Anti Penyuapan yang                       •     Awareness of ISO 37001:2016 Anti-Bribery Management System
     diikuti oleh Vendor dan Pihak Ketiga yang bekerjasama dengan Bank                         attended by vendors and third parties collaborating with Bank Raya
     Raya (eksternal) yang dilaksanakan secara on site pada tanggal 09                         (external) held on-site on October 9, 2025, with speakers from Robere
     Oktober 2025 dengan narasumber dari Robere Manajemen Indonesia.                           Manajemen Indonesia.




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•   Pengkinian kebijakan Pedoman Pelaksanaan Sistem Manajemen Anti               •   Update of the Anti-Bribery Management System Implementation
    Penyuapan No.SE.B.60/Dir.01.03/PCP/LCA/ 10/2025 tanggal 27                       Guidelines Policy No.SE.B.60/Dir.01.03/PCP/LCA/ 10/2025 dated
    Oktober 2025.                                                                    October 27, 2025.
•   Raya E-Learning Whistleblowing System (WBS) 04 s.d 30 Juni 2025              •   Raya E-Learning Whistleblowing System (WBS) from June 4 to June
    untuk seluruh pekerja Bank Raya.                                                 30, 2025 for all Bank Raya employees.
•   Pengkinian SE Direksi No: No. SE: B.34/Dir.01.03/PCP/LCA/07/2025             •   Update to Board of Directors Circular Letter No. SE: B.34/Dir.01.03/
    tanggal 11 Juli 2025 tentang Pedoman Pelaksanaan Sistem Pelaporan                PCP/LCA/07/2025 dated July 11, 2025 regarding Guidelines for the
    Pelanggaran (Whistleblowing System/WBS)                                          Implementation of the Violation Reporting System (Whistleblowing
                                                                                     System/WBS).

Sebagai bagian dari sistem pencegahan dan deteksi dini, Bank Raya juga           As part of its prevention and early detection mechanisms, Bank Raya also
mengoperasikan mekanisme Whistleblowing System (WBS) yang dapat                  operates a Whistleblowing System (WBS) that is easily accessible to all
diakses dengan mudah oleh seluruh Insan Bank Raya untuk melaporkan               employees to report any suspected violations, including indications of fraud
dugaan pelanggaran, termasuk indikasi fraud atau korupsi yang melibatkan         or corruption involving internal parties. All reports are followed up in an
internal Bank. Setiap laporan yang diterima ditindaklanjuti secara independen,   independent and objective manner, while upholding confidentiality and
objektif, dan dengan menjunjung tinggi prinsip kerahasiaan serta perlindungan    whistleblower protection principles.
pelapor.

Dengan penguatan sistem tersebut, sepanjang tahun 2025 tidak terdapat            As a result of these measures, during 2025 there were no substantiated
insiden korupsi yang terbukti di lingkungan Bank Raya, sehingga tidak ada        corruption incidents within Bank Raya, and therefore no sanctions or
sanksi atau tindakan korektif yang dijatuhkan terkait kasus tersebut.            corrective actions were imposed in relation to such cases. [GRI 205-3]
[GRI 205-3]



Kebijakan Pajak
Tax Policy [B.B.2, B.C.8][GRI 3-3, 207-1, 207-2, 207-3, 207-4]

Bank Raya menerapkan pendekatan perpajakan yang berlandaskan                     Bank Raya adopts a tax approach based on the principles of compliance,
prinsip kepatuhan, transparansi, dan kehati-hatian terhadap seluruh              transparency, and prudence in adhering to all applicable tax regulations.
ketentuan perpajakan yang berlaku. Kebijakan dan strategi pajak Perseroan        The Company’s tax policy and strategy are designed to ensure the fulfilment
dirancang untuk memastikan pemenuhan kewajiban perpajakan, termasuk              of tax obligations, including the preparation and submission of the annual
penyusunan dan penyampaian SPT Tahunan PPh Badan, serta dikelola di              corporate income tax return. These are implemented under the oversight
bawah pengawasan Direktur Keuangan yang juga melakukan evaluasi                  of the Finance Director, who also conducts periodic evaluations of the tax
secara berkala atas implementasi strategi tersebut. [GRI 207-1]                  strategy. [GRI 207-1]

Dalam kerangka tata kelola dan pengendalian perpajakan, Bank Raya                Within the tax governance and control framework, Bank Raya has established
menetapkan proses yang terstruktur dan terintegrasi sebagai berikut:             structured and integrated processes as follows: [GRI 207-2]
[GRI 207-2]
•   Akuntabilitas unit kerja:                                                    •   Accountability of business units:
    Setiap unit kerja yang memiliki NPWP/NITKU bertanggung jawab atas                Each business unit holding an NPWP/NITKU is responsible for fulfilling
    pelaksanaan kewajiban perpajakannya, mencakup pemotongan/                        its tax obligations, including withholding/collecting, remitting, and
    pemungutan, penyetoran, dan pelaporan pajak atas transaksi yang                  reporting taxes on taxable transactions. For the 2025 tax year, the
    menjadi objek pajak. Untuk tahun pajak 2025, Kantor Pusat sebagai                Head Office, as the holder of the parent NPWP, is responsible for
    pemegang NPWP induk bertanggung jawab melakukan konsolidasi                      consolidating the remittance and reporting of taxes withheld by all
    penyetoran dan pelaporan pajak yang dipotong oleh seluruh unit                   units with NITKU. Meanwhile, the calculation of taxable corporate
    kerja pemilik NITKU. Sementara itu, perhitungan Penghasilan Kena                 income, payment of Article 25/29 income tax, and submission of the
    Pajak Badan, penyetoran PPh Pasal 25/29, serta pelaporan SPT                     annual corporate income tax return are coordinated by the Finance
    Tahunan PPh Badan dikoordinasikan oleh Divisi Finance & Asset                    & Asset Management Division.
    Management.
•   Kepatuhan terhadap ketentuan yang berlaku:                                   •   Compliance with prevailing regulations:
    Seluruh pelaksanaan perpajakan Bank Raya mengacu pada peraturan                  All tax matters at Bank Raya are conducted in accordance with
    perundang-undangan yang berlaku. Perseroan tidak menjalankan                     prevailing laws and regulations. The Company does not implement
    skema atau pengaturan perpajakan khusus di luar ketentuan umum                   any special tax arrangements beyond the generally applicable
    yang ditetapkan oleh pemerintah.                                                 provisions set by the government.
•   Pemantauan dan penelaahan berkala:                                           •   Ongoing monitoring and periodic review:
    Monitoring perpajakan dilakukan setiap bulan berdasarkan transaksi               Monthly tax monitoring is carried out based on transactions reported
    yang dilaporkan oleh unit kerja. Selain itu, review tahunan dilakukan            by business units, while an annual review is conducted through an
    melalui proses ekualisasi antara akun biaya dan pendapatan. Bank                 equalisation process between expense and revenue general ledger
    Raya juga menjaga komunikasi yang baik dengan Direktorat Jenderal                accounts. Bank Raya also maintains constructive communication with
    Pajak (DJP), Kantor Pelayanan Pajak (KPP), serta PSP sebagai perusahaan          the Directorate General of Taxes (DGT), Tax Offices (KPP), and PSP as
    induk, guna memastikan respons yang cepat terhadap perubahan                     the parent company, to ensure prompt responses to regulatory changes
    regulasi maupun penyelesaian isu perpajakan, serta keseragaman                   and tax issues, as well as consistent understanding across the Head
    pemahaman di Kantor Pusat dan Community Branch.                                  Office and Community Branches.




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Dalam pengelolaan perpajakan, Bank Raya tidak menggunakan jasa                 In managing its taxation, Bank Raya does not use tax assurance services.
asuransi.

Pemangku kepentingan utama Bank Raya dalam aspek perpajakan adalah             The government, through the tax authorities, is Bank Raya’s primary
pemerintah melalui otoritas pajak. Perseroan menjaga hubungan yang             stakeholder in tax matters. The Company maintains a professional and
profesional dan konstruktif dengan otoritas perpajakan, tanpa melakukan        constructive relationship with the tax authorities and does not engage in
aktivitas advokasi kebijakan publik di bidang perpajakan atau upaya lain       public policy advocacy or other activities aimed at influencing tax-related
yang bertujuan mempengaruhi keputusan regulator. Bank Raya berkomitmen         regulatory decisions. Bank Raya is committed to full compliance with all
untuk memenuhi seluruh kewajiban perpajakan secara penuh sesuai                applicable tax regulations. [GRI 207-3]
ketentuan yang berlaku. [GRI 207-3]

Mengingat seluruh kegiatan usaha Bank Raya beroperasi di Indonesia,            As Bank Raya operates solely in Indonesia, all of its tax obligations are
maka seluruh kewajiban perpajakan dilaporkan secara eksklusif di yurisdiksi    reported exclusively within the Indonesian jurisdiction. [GRI 207-4]
Indonesia. [GRI 207-4]

Pada tahun 2025, Bank Raya menyetorkan pajak kepada pemerintah                 In 2025, Bank Raya paid taxes to the central government amounting to
pusat sebesar Rp123,65 Miliar yang terdiri dari PPN dan PPnBM, PPh Pasal       Rp123.65 billion, consisting of VAT and Sales Tax on Luxury Goods, Income
21, PPh Pasal 23, PPh Pasal 26, PPh Final Pasal 4 ayat (2), dan Bea Meterai.   Tax Article 21, Income Tax Article 23, Income Tax Article 26, Final Income
Selain itu, Bank juga menyetorkan pajak kepada pemerintah daerah               Tax Article 4 paragraph (2), and Stamp Duty. In addition, the Bank also
sebesar Rp2.01 Miliar yang mencakup Pajak Daerah, Pajak Iklan reklame,         paid Rp2.01 billion in taxes to the local government, which included Local
Pajak Kendaraan, Pajak Bumi dan Bangunan serta jenis pajak lainnya.            Taxes, Advertising Taxes, Vehicle Taxes, Land and Building Taxes, and
Sepanjang tahun pelaporan, Bank Raya tidak menerima fasilitas atau             other types of taxes. Throughout the reporting year, Bank Raya did not
insentif pajak, dan seluruh perlakuan perpajakan dilaksanakan sesuai           receive any tax facilities or incentives, and all tax treatments were carried
dengan ketentuan umum yang berlaku.                                            out in accordance with the applicable general provisions.




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Aspek Lingkungan
Environmental Aspect

Komitmen Mendukung Net Zero Emission
Commitment to Support Net Zero Emission

Sebagai bagian dari peran Bank Raya dalam mendukung agenda transisi           As part of the Bank Raya's role in advancing the national low-carbon
rendah karbon nasional, Bank Raya secara konsisten menempatkan isu            transition agenda, Bank Raya consistently places climate change and
perubahan iklim dan pengurangAan emisi sebagai bagian dari arah strategis     emission reduction at the core of its sustainability strategy. This commitment
keberlanjutan. Komitmen ini tidak hanya diterjemahkan dalam pernyataan        is reflected not only in policy statements, but also in strengthened governance,
kebijakan, tetapi juga dalam penguatan tata kelola, pengembangan produk,      product development, and business decision-making that take environmental
serta pengambilan keputusan bisnis yang mempertimbangkan dampak               impacts into account. Through this approach, Bank Raya strives to ensure
lingkungan. Melalui pendekatan tersebut, Bank Raya berupaya memastikan        that business growth goes hand in hand with environmental stewardship
bahwa pertumbuhan usaha berjalan seiring dengan upaya menjaga                 and the achievement of the government’s Net Zero Emission target.
kelestarian lingkungan dan mendukung pencapaian target Net Zero Emission
pemerintah.

Dalam implementasinya, Bank Raya mendorong penerapan prinsip green            In its implementation, Bank Raya promotes the application of green banking
banking baik pada sisi pembiayaan maupun operasional, antara lain             principles across both financing and operational activities, including through
melalui kebijakan kredit yang lebih selektif dan berorientasi pada kegiatan   more selective and environmentally oriented credit policies, improved
usaha yang berwawasan lingkungan, peningkatan efisiensi energi dan            energy and resource efficiency, and enhanced management of environmental
penggunaan sumber daya, serta penguatan pengelolaan dampak                    impacts arising from banking operations. These initiatives form part of the
lingkungan dari aktivitas perbankan. Langkah-langkah ini menjadi bagian       Bank’s long-term journey to contribute tangibly to reducing its carbon
dari perjalanan jangka panjang Bank untuk berkontribusi secara nyata          footprint, while at the same time building a more resilient and sustainable
dalam menurunkan jejak karbon, sekaligus membangun fondasi bisnis             business foundation.
yang lebih tangguh dan berkelanjutan.



Komitmen Mengurangi Emisi Gas Rumah Kaca (GRK) Melalui Green Banking
Commitment to Reduce Greenhouse Gas (GHG) Emissions Through Green Banking

Sebagai bagian dari strategi keberlanjutan, Bank Raya menempatkan             As part of the sustainability strategy, Bank Raya places the reduction of
pengurangan emisi Gas Rumah Kaca (GRK) sebagai salah satu fokus               Greenhouse Gas (GHG) emissions as a key priority in both business and
utama dalam pengelolaan bisnis dan operasional. Melalui pendekatan            operational management. Through its green banking approach, the Bank
green banking, Bank tidak hanya berupaya meminimalkan dampak                  seeks not only to minimise the environmental footprint of its banking activities,
lingkungan dari aktivitas perbankan, tetapi juga mendorong terbentuknya       but also to foster a financing ecosystem that supports the transition towards
ekosistem pembiayaan yang mendukung transisi menuju ekonomi rendah            a low-carbon economy and the achievement of the Net Zero Emission
karbon dan pencapaian target Net Zero Emission. Komitmen ini dijalankan       target. This commitment is implemented in an integrated manner,
secara terintegrasi, mencakup kebijakan pembiayaan, proses kerja, hingga      encompassing financing policies, business processes, and day-to-day
perilaku operasional sehari-hari.                                             operational practices.

Inisiatif utama yang dijalankan Bank Raya meliputi:                           Key initiatives undertaken by Bank Raya include:
•     Kebijakan pembiayaan berwawasan lingkungan: Mengarahkan                 •   Environmentally oriented financing policies: Directing financing towards
      penyaluran pembiayaan ke sektor-sektor yang mendukung energi                sectors that support renewable energy, waste management, and
      terbarukan, pengelolaan limbah, dan proyek-proyek berkelanjutan             sustainable projects to strengthen green economic growth.
      untuk memperkuat pertumbuhan ekonomi hijau.
•     Akselerasi digitalisasi perbankan: Mendorong penggunaan layanan         •    Acceleration of banking digitalisation: Promoting digital services and
      dan transaksi digital guna menekan konsumsi kertas serta meningkatkan        transactions to reduce paper consumption and improve energy
      efisiensi energi.                                                            efficiency.
•     Peningkatan efisiensi energi: Menerapkan sistem manajemen energi        •    Enhancement of energy efficiency: Implementing energy management
      di kantor pusat dan jaringan kantor, termasuk penggunaan peralatan           systems at the head office and across the branch network, including the
      hemat energi dan pengendalian konsumsi listrik.                              use of energy-efficient equipment and controlled electricity consumption.
•     Pengelolaan emisi operasional: Mengoptimalkan proses kerja yang         •    Operational emissions management: Optimising more efficient and
      lebih efisien dan berkelanjutan untuk menurunkan jejak karbon Bank           sustainable work processes to gradually reduce the Bank’s carbon
      secara bertahap.                                                             footprint.
•     Pengelolaan penggunaan air: Mengadopsi teknologi hemat air dan          •    Water usage management: Adopting water-saving technologies and
      membangun kesadaran internal akan pentingnya konservasi air dalam            fostering internal awareness of the importance of water conservation
      kegiatan operasional.                                                        in daily operations.
•     Pengelolaan limbah operasional: Menerapkan praktik pengelolaan          •    Operational waste management: Applying responsible waste
      limbah yang bertanggung jawab melalui daur ulang dan pengurangan             management practices through recycling and reducing the use of
      penggunaan plastik sekali pakai.                                             single-use plastics.
•     Program penghijauan: Melaksanakan kegiatan penanaman pohon              •    Greening programmes: Conducting tree planting initiatives and
      dan kemitraan dengan komunitas sebagai kontribusi nyata terhadap             community partnerships as tangible contributions to environmental
      rehabilitasi dan pelestarian lingkungan.                                     rehabilitation and conservation.




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       Analisis dan Pembahasan Manajemen                  Tata Kelola Perusahaan                   Laporan Keberlanjutan                 Laporan Keuangan Audit
       Management Discussion and Analysis                 Good Corporate Governance                Sustainability Report                 Audited Financial Report




Penerapan Kebijakan Kredit Ramah Lingkungan
Implementation of Environmentally Friendly Credit Policy

Sebagai bagian dari komitmen Bank dalam mendukung agenda                          As part of the Bank’s commitment to supporting sustainable development,
pembangunan berkelanjutan, Bank Raya menempatkan aspek lingkungan                 Bank Raya places environmental aspects as one of the key considerations
sebagai salah satu pertimbangan utama dalam penyaluran kredit. Peran              in its lending activities. This role is carried out through the implementation
ini dijalankan melalui penerapan kebijakan kredit ramah lingkungan yang           of an environmentally friendly credit policy as stipulated in the Board of
diatur dalam Surat Keputusan Direksi No. Kpts: B.50/Dir.01.03/ADK/06/2020         Directors’ Decree No. Kpts: B.50/Dir.01.03/ADK/06/2020 concerning the
tentang Loan Portfolio Guidelines Tahun 2020, yang pada prinsipnya                2020 Loan Portfolio Guidelines, which in principle requires prospective
mewajibkan setiap calon debitur untuk memperhatikan dan memenuhi                  borrowers to comply with environmental impact requirements, including
ketentuan terkait dampak lingkungan, termasuk kepemilikan Analisis                the possession of an Environmental Impact Assessment (AMDAL) in accordance
Mengenai Dampak Lingkungan (AMDAL) sesuai dengan skala dan risiko                 with the scale and risk profile of their business. Through this policy, Bank
usahanya. Melalui kebijakan ini, Bank Raya tidak hanya mengelola risiko           Raya not only manages financing risks, but also actively steers its loan
pembiayaan, tetapi juga secara aktif mengarahkan portofolio kredit agar           portfolio to align with environmental preservation efforts.
selaras dengan upaya pelestarian lingkungan.

Dalam implementasinya, Bank Raya menetapkan sejumlah prinsip dan                  In its implementation, Bank Raya sets out several key principles and
persyaratan utama sebagai berikut:                                                requirements, as follows:
•   Kepatuhan terhadap daftar negatif dan peringkat lingkungan: Calon             •     Compliance with negative lists and environmental ratings: Prospective
    debitur tidak termasuk dalam negative list BKPM, asosiasi terkait                   borrowers must not be included in the negative lists of BKPM and relevant
    (GAPENSI, GAPEKNAS, ARDIN, dan lainnya), serta tidak berada pada                    associations (GAPENSI, GAPEKNAS, ARDIN, and others), and must not fall
    peringkat hitam PROPER dari Kementerian Lingkungan Hidup.                           under the black rating of the PROPER programme of the Ministry of Environment.
•   Kelengkapan perizinan lingkungan untuk segmen menengah: Setiap                •     Environmental permits for the medium segment: Any business activity
    kegiatan usaha yang berdampak terhadap lingkungan wajib dilengkapi                  with environmental impact must be supported by relevant documents
    dokumen yang relevan, seperti UKL-UPL, AMDAL, izin lingkungan, kajian               such as UKL-UPL, AMDAL, environmental permits, environmental quality/
    mutu/baku kerusakan lingkungan, hingga dokumen pembuangan                           damage standards studies, and wastewater disposal permits in
    air limbah sesuai ketentuan.                                                        accordance with applicable regulations.
•   Persyaratan lingkungan untuk segmen ritel: Untuk usaha berskala besar         •     Environmental requirements for the retail segment: For large-scale or
    atau berisiko tinggi, debitur diwajibkan memiliki AMDAL sesuai dengan               high-risk businesses, borrowers are required to have an AMDAL as
    peraturan yang berlaku.                                                             mandated by prevailing regulations.
•   Pengecualian sektor usaha tertentu: Berdasarkan pertimbangan bisnis           •     Exclusion of certain business sectors: Based on business considerations
    dan komitmen pelestarian lingkungan, usaha terkait kayu gelondongan,                and environmental conservation commitments, businesses related to
    moulding, dan sawmill dikeluarkan dari pasar sasaran dan tidak                      logs, moulding, and sawmills are excluded from the target market and
    dibiayai.                                                                           will not be financed.
•   Sertifikasi keberlanjutan untuk perkebunan kelapa sawit: Debitur di           •     Sustainability certification for oil palm plantations: Borrowers in this
    sektor ini harus memiliki sertifikasi RSPO/ISPO atau setidaknya telah               sector must hold RSPO/ISPO certification or at least be registered in
    terdaftar dalam proses sertifikasi ISPO.                                            the ISPO certification process.

Sejalan dengan arah kebijakan tersebut, Bank Raya memprioritaskan                 In line with this policy direction, Bank Raya prioritises financing for sectors
pembiayaan pada sektor-sektor yang memberikan dampak positif bagi                 that deliver positive environmental impacts, including:
lingkungan, antara lain:
•    Energi terbarukan: Pembiayaan untuk proyek energi surya, angin,              •    Renewable energy: Financing for solar, wind, hydro, and biomass
     hidro, dan biomassa.                                                              energy projects.
•    Pengelolaan sumber daya berkelanjutan: Dukungan bagi industri                •    Sustainable resource management: Support for industries adopting
     yang menerapkan teknologi ramah lingkungan dan praktik operasional                environmentally friendly technologies and sustainable operational
     berkelanjutan.                                                                    practices.
•    Ekonomi sirkular: Pembiayaan bagi usaha yang bergerak di bidang              •    Circular economy: Financing for businesses engaged in recycling,
     daur ulang, pengelolaan limbah, dan pengurangan timbulan limbah.                  waste management, and waste reduction.

Melalui kebijakan ini, Bank Raya berupaya membangun portofolio                    Through this policy, Bank Raya seeks to build a financing portfolio that is
pembiayaan yang tidak hanya sehat secara bisnis, tetapi juga berkontribusi        not only sound from a business perspective, but also contributes meaningfully
nyata dalam menciptakan nilai jangka panjang bagi lingkungan dan                  to creating long-term value for the environment and society.
masyarakat.



Digitalisasi Perbankan
Banking Digitalization

Sebagai bagian dari langkah strategis menuju perbankan yang lebih                 As part of its strategic journey towards more sustainable banking, Bank
berkelanjutan, Bank Raya secara konsisten mempercepat transformasi                Raya continues to accelerate its digital transformation to enhance
digital untuk mendorong efisiensi operasional sekaligus meminimalkan              operational efficiency while reducing its environmental footprint, particularly
jejak lingkungan, khususnya dalam menekan penggunaan material yang                by minimising the use of materials derived from natural resources. Through
bersumber dari sumber daya alam. Melalui pengembangan produk dan                  the development of technology-based products and services, the Bank
layanan berbasis teknologi, Bank memungkinkan nasabah melakukan                   enables customers to conduct transactions in a faster, safer, and more
transaksi secara lebih cepat, aman, dan nyaman tanpa ketergantungan               convenient manner without reliance on physical documents, thereby
pada dokumen fisik, sehingga turut mengurangi konsumsi kertas dan energi.         helping to reduce paper and energy consumption. Internally, the
Di sisi internal, penerapan sistem digital pada berbagai proses kerja juga        implementation of digital systems across various work processes also
memperkuat produktivitas, akurasi, dan transparansi, sekaligus menciptakan        strengthens productivity, accuracy, and transparency, while fostering a
tata kelola operasional yang lebih efisien dan modern. Inisiatif ini menegaskan   more efficient and modern operating model. This initiative underscores
komitmen Bank Raya untuk tumbuh sebagai bank digital yang inovatif,               Bank Raya’s commitment to grow as an innovative, competitive, and
berdaya saing, serta bertanggung jawab terhadap lingkungan. [OJK F.5]             environmentally responsible digital bank. [OJK F.5]


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          Performance Highlights                                Management Report                                    Company Profile                                 Overview of Business Support Units




Efisiensi Energi
Energy Efficiency [GRI 3-3, 103-1, 103-2, 103-3, 103-4, 103-5][OJK F.6, F.7]

Dalam menjalankan kegiatan operasionalnya, Bank Raya masih bergantung                                        In carrying out its operational activities, Bank Raya still relies on energy
pada pasokan energi dari sumber daya yang tidak terbarukan, termasuk                                         supplies from non-renewable resources, including fuel oil (BBM) and
bahan bakar minyak (BBM) dan energi listrik. Pada tahun 2025, konsumsi                                       electricity. In 2025, fuel oil consumption is recorded to have increased by
BBM tercatat mengalami peningkatan sebesar sekitar 88,60% dibandingkan                                       around 88.60% compared to 2024. The increase in fuel oil consumption
tahun 2024. Peningkatan konsumsi BBM disebabkan oleh meningkatnya                                            is due to increased business activity, which requires more intensive vehicle
aktivitas bisnis sehingga memerlukan mobilisasi operasional kendaraan                                        mobilization than in the previous year.
yang lebih intensif dibandingkan tahun sebelumnya.

Di sisi lain, konsumsi energi listrik Bank Raya pada tahun 2025 justru                                       On the other hand, Bank Raya's electricity consumption in 2025 actually
menunjukkan tren penurunan. Sepanjang tahun 2025, konsumsi energi                                            shows a downward trend. Throughout 2025, electricity consumption is
listrik tercatat mengalami penurunan sebesar sekitar 40,41%, dari 1.255.637                                  recorded to have decreased by approximately 40.41%, from 1,255,637
kWh pada tahun 2024 menjadi 748.156 kWh pada tahun 2025. Penurunan                                           kWh in 2024 to 748,156 kWh in 2025. This decrease in electricity consumption
konsumsi energi listrik tersebut terutama dipengaruhi oleh upaya peningkatan                                 was mainly influenced by efforts to improve operational efficiency,
efisiensi operasional, termasuk optimalisasi penggunaan energi di lingkungan                                 including optimizing energy use in the office environment and utilizing
perkantoran serta pemanfaatan digitalisasi proses kerja.                                                     the digitization of work processes.

Pada tahun 2025, Bank Raya juga telah melakukan perhitungan efisiensi                                        In 2025, Bank Raya also conducted a comprehensive calculation of
penggunaan energi listrik secara menyeluruh yang mencakup seluruh unit                                       electricity efficiency that covered all work units. However, considering
kerja. Namun, mengingat pada tahun 2024 cakupan perhitungan konsumsi                                         that in 2024 the scope of electricity consumption calculations was still
energi listrik masih terbatas pada Kantor Pusat dan Community Branch                                         limited to the Head Office and Warung Jati Community Branch, in order
Warung Jati, maka untuk menjaga konsistensi dan keterbandingan data,                                         to maintain data consistency and comparability, the analysis comparing
analisis perbandingan kinerja efisiensi energi tahun 2025 terhadap tahun                                     energy efficiency performance in 2025 to the previous year was carried
sebelumnya dilakukan pada cakupan unit kerja yang sama. Adapun hasil                                         out on the same scope of work units. The results of the comprehensive
perhitungan efisiensi energi listrik secara menyeluruh pada tahun 2025                                       electricity efficiency calculations in 2025 will be used as baseline data
digunakan sebagai data dasar (baseline) untuk mendukung penerapan                                            to support the implementation of energy efficiency calculations covering
perhitungan efisiensi energi yang mencakup seluruh unit kerja pada tahun                                     all work units in 2026 and subsequent periods.
2026 dan periode selanjutnya.

Berikut ini merupakan uraian penggunaan energi Bank selama 3 (tiga)                                          The following is a description of the Bank’s energy use over the last 3 (three)
tahun terakhir.                                                                                              years.


                                 Uraian                                                  Satuan
                                                                                                                            2025                             2024                              2023
                               Description                                                Unit

 Penggunaan BBM                                                               liter                                          56.741                            30.087                            42.401
 Fuel Usage
 Penghematan BBM                                                              %                                                88,60                           (29,04)                            16,30
 Fuel Savings
 Pengeluaran atas Penggunaan BBM                                              Rp juta                                        737,63                            424,13                            547,16
 Expenditure on Fuel Use                                                      Rp million
 Catatan | Note:
 Angka penghematan mencerminkan persentase perubahan konsumsi secara tahunan (YoY). Nilai positif mengindikasikan adanya peningkatan penggunaan, sementara nilai negatif (ditunjukkan dalam tanda
 kurung) mengindikasikan penurunan penggunaan (efisiensi).
 The savings figure reflects the percentage change in consumption on a year-on-year (YoY) basis. Positive values ​​indicate an increase in usage, while negative values (shown
                                                                                                                                                                        ​​     in parentheses) indicate a decrease
 in usage (efficiency).




                                 Uraian                                                  Satuan
                                                                                                                            2025                             2024                              2023
                               Description                                                Unit

 Penggunaan Listrik                                                           Kwh                                            748.156                         1.255.367                        1.148.917
 Electricity Usage
                                                                              Giga Joule                                    2.709,02                          4.520,29                          4.136,10
 Intensitas Energi                                                            kWh/m2                                            90,42                           150,88                            138,05
 Energy Intensity
 Intensitas Energi per Pendapatan                                             GJ/Rp                                           0,0023                            0,0043                            0,0046
 Energy Intensity per Revenues
 Penghematan Listrik                                                          %                                               (40.41)                              9,29                             24,09
 Electricity Savings
 Pengeluaran atas Penggunaan Listrik                                          Rp                                            1.454,88                          1.880,48                          3.871,96
 Expenditure on Electricity Use
 Catatan | Note:
 Angka penghematan mencerminkan persentase perubahan konsumsi secara tahunan (YoY). Nilai positif mengindikasikan adanya peningkatan penggunaan, sementara nilai negatif (ditunjukkan dalam tanda
 kurung) mengindikasikan penurunan penggunaan (efisiensi).
 The savings figure reflects the percentage change in consumption on a year-on-year (YoY) basis. Positive values ​​indicate an increase in usage, while negative values (shown
                                                                                                                                                                        ​​     in parentheses) indicate a decrease
 in usage (efficiency).



Bank Raya memandang efisiensi energi sebagai bagian penting dari pengelolaan                                 Bank Raya considers energy efficiency as an integral part of responsible
operasional yang bertanggung jawab sekaligus sebagai langkah nyata untuk                                     operational management and a strategic step to reduce electricity
menekan konsumsi listrik dan intensitas energi di lingkungan perkantoran.                                    consumption and energy intensity across its office operations. Throughout
Sepanjang tahun 2025, Bank terus memperkuat berbagai inisiatif penghematan                                   2025, the Bank continued to strengthen various energy-saving initiatives,
energi yang tidak hanya berfokus pada penggunaan perangkat yang lebih                                        focusing not only on the use of more efficient equipment, but also on



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       Management Discussion and Analysis                 Good Corporate Governance               Sustainability Report                  Audited Financial Report




efisien, tetapi juga pada pembentukan budaya kerja yang lebih sadar energi       fostering an energy-conscious work culture across all units. These efforts
di seluruh unit kerja. Upaya ini merupakan bagian dari komitmen Bank dalam       form part of the Bank’s commitment to improving operational efficiency
meningkatkan efisiensi operasional sekaligus mendukung pengurangan               while reducing its environmental footprint. [OJK F.7]
dampak lingkungan. [OJK F.7]

Beberapa inisiatif efisiensi energi yang dijalankan Bank Raya antara lain:       Key energy efficiency initiatives implemented by Bank Raya include:
•  Penggunaan perangkat hemat energi dan pengaturan operasional                  •   Use of energy-efficient equipment and electricity operating arrangements:
   listrik: Bank secara bertahap menggunakan lampu LED dan AC hemat                  The Bank has gradually adopted LED lighting and energy-efficient air
   energi untuk menurunkan konsumsi listrik. Bank juga menerapkan                    conditioners to reduce electricity consumption. The Bank also regulates
   pengaturan operasional listrik melalui sosialisasi dan Nota Dinas kepada          office electricity usage through internal campaigns and official circulars
   seluruh Satuan Kerja, dengan ketentuan antara lain:                               to all Work Units, with provisions including:
   -      Penggunaan listrik kantor dibatasi pada jam kerja, yaitu pukul             -      Office electricity is operated only during working hours, from 06:00
          06.00–19.00 WIB.                                                                  to 19:00 WIB.
   -      Listrik akan dimatikan mulai pukul 19.00 WIB.                              -      Electricity will be turned off starting from 19:00 WIB.
   -      Pegawai yang bekerja lembur setelah pukul 19.00 WIB diharapkan             -      Employees working overtime after 19:00 WIB are expected to
          melapor kepada Divisi Finance & Asset Management Bagian                           report to the Finance & Asset Management Division, General &
          General & Logistic Bidang Property & Facilities.                                  Logistic Section, Property & Facilities.
•  Penguatan budaya hemat energi: Bank membiasakan seluruh karyawan              •   Strengthening an energy-saving culture: The Bank encourages employees
   untuk mematikan lampu dan AC setelah jam kerja, serta mengoptimalkan              to switch off lights and air conditioners after office hours, and to optimise
   pengoperasian lift sesuai jam kerja guna menekan konsumsi energi.                 lift operations in line with working hours to reduce energy consumption.
•  Inisiatif "Lock & Shutdown My PC": Bank mendorong pegawai untuk               •   "Lock & Shutdown My PC" initiative: The Bank promotes locking and
   mengunci dan mematikan komputer setelah selesai bekerja, tidak hanya              shutting down computers after work to reduce unnecessary energy
   untuk menghemat energi tetapi juga untuk menjaga keamanan data.                   use while also enhancing data security.
•  Optimalisasi Portal Jagat Raya: Bank terus mendorong pemanfaatan              •   Optimization of Jagat Raya Portal: The bank continues to encourage the
   Portal Jagat Raya sebagai platform internal terpadu yang mendukung                use of the Jagat Raya Portal as an integrated internal platform that supports
   koordinasi dan penyampaian informasi kerja melalui berbagai menu                  coordination and the delivery of work information through various digital
   digital. Optimalisasi portal ini berkontribusi pada peningkatan efektivitas       menus. The optimization of this portal contributes to improving the effectiveness
   proses internal, pengurangan penggunaan media fisik, serta efisiensi              of internal processes, reducing the use of physical media, and operational
   operasional yang mendukung praktik kerja yang lebih ramah lingkungan.             efficiency that supports more environmentally friendly work practices.
•  Optimalisasi penggunaan aplikasi Raya Digital Saving: Bank terus              •   Optimisation of the Raya Digital Saving application: The Bank continues
   mendorong pemanfaatan layanan digital guna mengurangi                             to promote the use of digital services to reduce reliance on ATM
   ketergantungan pada mesin ATM, yang selain mendukung peningkatan                  machines, which not only supports the growth of fee-based income
   fee-based income, juga berkontribusi pada efisiensi energi dan                    but also contributes to energy efficiency and lower environmental
   pengurangan dampak lingkungan.                                                    impact.



Pengelolaan Emisi
Emission Management [GRI 102-5, 102-6, 102-7, 102-8][OJK F.11, F.12]

Dalam menjalankan operasionalnya, Bank Raya menempatkan pengendalian             In carrying out its operations, Bank Raya places environmental impact
dampak lingkungan sebagai bagian yang tidak terpisahkan dari strategi            control as an integral part of its sustainability strategy. The approach adopted
keberlanjutan Bank. Pendekatan yang ditempuh tidak hanya berfokus pada           goes beyond the gradual reduction of the Bank’s carbon footprint and
pengurangan jejak karbon secara bertahap, tetapi juga pada pembentukan           extends to building more efficient, low-emission ways of working and
sistem kerja dan pola layanan yang lebih efisien dan rendah emisi. Melalui       delivering services. By strengthening energy efficiency, expanding the
penguatan efisiensi energi, perluasan digitalisasi proses dan layanan, serta     digitalisation of processes and services, and embedding green banking
penerapan prinsip green banking dalam pembiayaan dan operasional, Bank           principles in both financing and operations, Bank Raya is progressively
Raya berupaya menggeser model bisnisnya ke arah yang lebih ramah                 steering its business model towards a more environmentally responsible
lingkungan. Langkah-langkah tersebut sekaligus menjadi fondasi bagi kontribusi   direction. These initiatives also serve as the foundation of the Bank’s
Bank dalam mendukung agenda Net Zero Emission dan mendorong tumbuhnya            contribution to the Net Zero Emission agenda and help foster greater internal
kesadaran internal akan pentingnya pengelolaan emisi secara berkelanjutan.       awareness of the importance of long-term emissions management.

Untuk memastikan upaya pengelolaan emisi dapat terukur dan dipantau              To ensure that emissions management efforts can be measured and
secara berkelanjutan, Bank Raya melakukan penghitungan emisi Gas                 monitored sustainably, Bank Raya calculates its greenhouse gas (GHG)
Rumah Kaca (GRK) yang mencakup Cakupan 1, Cakupan 2, dan Cakupan                 emissions, covering Scope 1, Scope 2, and Scope 3. The Bank's operational
3. Penghitungan emisi operasional Bank mengacu pada Panduan Perhitungan          emissions calculations refer to the Greenhouse Gas (GHG) Emissions
Emisi Gas Rumah Kaca (GRK) bagi Sektor Jasa Keuangan yang diterbitkan            Calculation Guidelines for the Financial Services Sector issued by the
oleh Otoritas Jasa Keuangan (OJK).                                               Financial Services Authority (OJK).

Emisi Cakupan 1 merupakan emisi langsung yang berasal dari sumber                 Scope 1 emissions are direct emissions originating from sources owned or
yang dimiliki atau dikendalikan oleh Bank, antara lain penggunaan bahan          controlled by the Bank, including fuel use in operational vehicles and
bakar pada kendaraan operasional serta emisi dari penggunaan refrigeran          emissions from refrigerant use in cooling systems. Scope 2 emissions are
pada sistem pendingin. Emisi Cakupan 2 merupakan emisi tidak langsung            indirect emissions originating from the Bank's purchased energy consumption,
yang berasal dari konsumsi energi yang dibeli oleh Bank, terutama listrik        primarily electricity used for building operations and other supporting
yang digunakan untuk operasional gedung dan fasilitas pendukung lainnya.         facilities. Meanwhile, Scope 3 includes other indirect emissions originating
Sementara itu, Cakupan 3 mencakup emisi tidak langsung lainnya yang              from the Bank's operational and financing activities. Operational Scope 3
berasal dari aktivitas operasional maupun aktivitas pembiayaan Bank.             covers emissions arising from operational activities not directly owned or
Cakupan 3 operasional meliputi emisi yang timbul dari aktivitas operasional      controlled by the Bank, including employee business travel, employee
yang tidak secara langsung dimiliki atau dikendalikan oleh Bank, antara          commuting, and other activities within the operational value chain, such
lain perjalanan dinas karyawan (business travel), perjalanan karyawan            as fuel- and energy-related activities, operational waste management,
dari dan menuju tempat kerja (employee commuting), serta aktivitas lain          and the use of operational support goods and services.
dalam rantai nilai operasional seperti aktivitas terkait energi tidak langsung
(fuel- and energy-related activities), pengelolaan limbah operasional, dan
penggunaan barang dan jasa pendukung operasional.

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          Performance Highlights                                 Management Report                                    Company Profile                                 Overview of Business Support Units




Adapun emisi pembiayaan (financed emissions) merupakan estimasi emisi                                         Financed emissions represent an estimate of emissions resulting from the
yang dihasilkan dari aktivitas usaha debitur yang dibiayai oleh Bank.                                         business activities of debtors financed by the Bank. Financing emissions
Penghitungan emisi pembiayaan dilakukan menggunakan pendekatan                                                are calculated using a sector-based approach to the financing portfolio,
berbasis sektor ekonomi portofolio pembiayaan dengan mengacu pada                                             referring to the Partnership for Carbon Accounting Financials (PCAF)
metodologi Partnership for Carbon Accounting Financials (PCAF). Estimasi                                      methodology. Emissions are estimated by linking the Bank's financing
emisi dilakukan dengan mengaitkan eksposur pembiayaan Bank pada                                               exposure to each economic sector with relevant sectoral emission intensity
masing-masing sektor ekonomi dengan faktor intensitas emisi sektoral                                          factors to obtain an estimate of indirect emissions from the Bank's financing
yang relevan sehingga diperoleh estimasi emisi tidak langsung yang                                            activities.
berasal dari aktivitas pembiayaan Bank.


                                  Total Emisi                                                  Satuan
                                                                                                                                 2025*                            2024                            2023
                                Total Emissions                                                 Unit

 Emisi GRK Operasional Bank
 Bank’s Operational GHG Emission:
       Emisi GRK Cakupan 1                                                          TonCo2eq                                        1.431                             0,07                         0,09
       Scope 1 GHG Emissions
       Emisi GRK Cakupan 2                                                          TonCo2eq                                          655                           1.173                          865
       Scope 2 GHG Emissions
 Emisi CRK Cakupan 3
 Scope 3 GHG Emissions:
       Emisi GRK Keuangan                                                           TonCo2eq                                  1.219.781                               N/A                          N/A
       Financed GHG Emission
       Emisi GRK Operasional Bank                                                   TonCo2eq                                          432                             N/A                          N/A
       Bank’s Operational GHG Emission
 Jumlah Emisi GRK Operasional Bank                                                  TonCo2eq                                        2.517                             N/A                          N/A
 (Cakupan Emisi GRK Operasional 1, 2 dan 3)
 Total Bank’s Operational GHG Emission
 (Operational GHG Emission Scope 1, 2 dan 3)
 Jumlah Emisi GRK Bank                                                              TonCo2eq                                  1.222.298                               N/A                          N/A
 (Cakupan Emisi GRK 1, 2 dan 3)
 Total Bank’s GHG Emission
 (Scope 1, 2 dan 3 GHG Emission)
 Intensitas Emisi GRK (Cakupan Emisi GRK 1 & 2) per Pendapatan                      TonCo2eq/Rp                                   0,0018                           0,0011                       0,0012
 GHG Emission Intensity (GHG Emission Scope 1 & 2) per Revenues
 Terdapat perbedaan metodologi penghitungan emisi GRK antara tahun 2025 dengan tahun sebelumnya. Pada tahun sebelumnya, penghitungan terbatas pada Cakupan 1 dan 2 menggunakan metode
 berbasis aktivitas, sedangkan pada tahun 2025 diperluas mencakup Cakupan 1, 2, dan 3 sesuai panduan OJK, termasuk emisi pembiayaan (financed emissions). Oleh karena itu, hasil emisi antar periode tidak
 sepenuhnya dapat dibandingkan secara langsung. Meskipun demikian, penghitungan emisi GRK keuangan pada tahun 2025 tetap menggunakan pendekatan sektor ekonomi prioritas sebagaimana tercantum
 dalam panduan CRMS OJK.
 There are differences in the GHG emission calculation methodology between 2025 and the previous year.In the previous year, the calculation was limited to Scopes 1 and 2 using the activity-based method,
 while in 2025 it was expanded to include Scopes 1, 2, and 3 in accordance with OJK guidelines, including financed emissions. Therefore, emission results between periods are not directly comparable. However,
 the calculation of financial GHG emissions in 2025 continues to use the priority economic sector approach as outlined in the OJK CRMS guidelines.




Penggunaan Air
Water Use [OJK F.8][GRI 3-3, 303-1, 303-2, 303-3]

Bank memandang pengelolaan air sebagai bagian penting dari tanggung                                           The Bank considers water management to be an essential part of its
jawab lingkungan, mengingat peran air bersih yang krusial bagi                                                environmental responsibility, given the vital role of clean water in supporting
keberlangsungan aktivitas dan kesejahteraan manusia. Dalam operasional                                        daily activities and human well-being. All water required for Bank Raya’s
sehari-hari, seluruh kebutuhan air untuk kegiatan perkantoran Bank Raya                                       office operations is supplied through the building management and sourced
dipenuhi melalui pasokan yang dikelola oleh pengelola gedung dan                                              from the municipal water utility (PDAM). In 2025, the Bank’s total water
bersumber dari PDAM. Pada tahun 2025, total konsumsi air Bank tercatat                                        consumption recorded a decrease of 9.43% to 5,599 m3, reflecting the
menurun sebesar sekitar 9,43% menjadi 5.599 m3 dibandingkan tahun                                             Bank’s ongoing efforts to improve water use efficiency across its operations.
sebelumnya, yang mencerminkan upaya berkelanjutan Bank dalam
meningkatkan efisiensi penggunaan air di lingkungan kerja.


                                    Uraian                                                     Satuan
                                                                                                                                 2025                            2024                             2023
                                  Description                                                   Unit

 Penggunaan Air                                                                      m3                                           5.599                           6.182                            6.754
 Water Usage
 Intensitas Penggunaan Air                                                           m3/m2                                         0,98                             1,05                            1,15
 Water Use Intensity
 Penghematan Air                                                                     %                                            (9,43)                          (8,47)                           (5,72)
 Water Saving
 Pengeluaran dan Penggunaan Listrik                                                  Rp                                         110,86                            80,21                            86,32
 Expenditure on Electricity use
 Catatan | Note:
 Angka penghematan mencerminkan persentase perubahan konsumsi secara tahunan (YoY). Nilai positif mengindikasikan adanya peningkatan penggunaan, sementara nilai negatif (ditunjukkan dalam tanda
 kurung) mengindikasikan penurunan penggunaan (efisiensi).
 The savings figure reflects the percentage change in consumption on a year-on-year (YoY) basis. Positive values ​​indicate an increase in usage, while negative values ​​(shown in parentheses) indicate a decrease
 in usage (efficiency).




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Pengelolaan Limbah Operasional
Operational Waste Management [OJK F.13, F.14, F.15][301-1][GRI 3-3, 306-1, 306-2, 306-3]

Sebagai bagian dari komitmen Bank terhadap praktik operasional yang                                           As part of the Bank's commitment to responsible operational practices,
bertanggung jawab, Bank Raya menempatkan pengelolaan limbah                                                   Bank Raya places waste management as an important element of its efforts
sebagai salah satu aspek penting dalam upaya menjaga kualitas lingkungan.                                     to safeguard environmental quality. In its implementation, the Bank works
Dalam pelaksanaannya, Bank bekerja sama dengan pengelola gedung                                               closely with the building management and qualified third-party service
dan pihak ketiga yang berkompeten untuk memastikan bahwa limbah                                               providers to ensure that domestic waste generated from office activities is
domestik dari aktivitas perkantoran ditangani secara tertib dan sesuai                                        handled in an orderly and proper manner, starting from segregation and
prosedur, mulai dari proses pemilahan, pengumpulan, hingga pengangkutan                                       collection to transportation to the final disposal site. This approach ensures
ke tempat pembuangan akhir. Pendekatan ini memastikan bahwa limbah                                            that waste is managed systematically while minimising potential adverse
dikelola secara sistematis dan meminimalkan potensi dampak negatif                                            environmental impacts.
terhadap lingkungan.

Secara lebih spesifik, Bank Raya juga melakukan pemantauan terhadap                                           More specifically, Bank Raya also monitors its paper consumption, considering
penggunaan kertas, mengingat material ini masih menjadi salah satu                                            that paper remains one of the key materials supporting daily operations.
penunjang utama dalam kegiatan operasional sehari-hari. Sepanjang                                             Throughout 2025, paper usage amounted to 1,395 reams, representing a
tahun 2025, penggunaan kertas tercatat sebanyak 1.395 rim, atau menurun                                       decrease of 2.45% compared to the previous year, reflecting the effectiveness
sebesar 2,45% dibandingkan tahun sebelumnya, yang mencerminkan                                                of the Bank’s digitalisation initiatives and material consumption control
efektivitas upaya digitalisasi dan pengendalian konsumsi material di                                          efforts.
lingkungan kerja Bank.


                Uraian                                     Satuan
                                                                                                       2025                                       2024                                       2023
              Description                                   Unit

 Penggunaan Kertas                          Rim | Ream                                                  1.395                                      1.430                                      1.611
 Paper Use                                  (1 Rim | Ream = 2,6 KG)
 Penghematan Kertas                         %                                                           (2,45)                                   (11,23)                                     (2,25)
 Paper Saving
                                            Ton                                                           3,63                                      3,72                                       4,19
 Catatan | Note:
 Angka penghematan mencerminkan persentase perubahan konsumsi secara tahunan (YoY). Nilai positif mengindikasikan adanya peningkatan penggunaan, sementara nilai negatif (ditunjukkan dalam tanda
 kurung) mengindikasikan penurunan penggunaan (efisiensi).
 The savings figure reflects the percentage change in consumption on a year-on-year (YoY) basis. Positive values ​​indicate an increase in usage, while negative values ​​(shown in parentheses) indicate a decrease
 in usage (efficiency).


Bank Raya secara berkelanjutan mendorong pengurangan penggunaan                                               Bank Raya continuously promotes the reduction of paper usage by strengthening
kertas dengan mengandalkan penguatan sistem teknologi dan percepatan                                          its technology systems and accelerating the integration of information across
integrasi informasi di seluruh lini operasional. Arah ini tidak hanya bertujuan                               all operational lines. This direction is aimed not only at improving the speed
meningkatkan kecepatan dan akurasi proses kerja, tetapi juga membangun                                        and accuracy of business processes, but also at establishing a more streamlined,
pola kerja yang lebih ringkas, efisien, dan ramah lingkungan. Melalui ekosistem                               efficient, and environmentally responsible way of working. Through an
aplikasi digital yang saling terhubung, berbagai proses yang sebelumnya                                       interconnected digital application ecosystem, many processes that previously
bergantung pada dokumen fisik kini dapat dilakukan secara elektronik,                                         relied on physical documents can now be carried out electronically, thereby
sehingga konsumsi kertas dapat ditekan secara signifikan.                                                     significantly reducing paper consumption.

Sejumlah aplikasi utama yang mendukung efisiensi operasional sekaligus                                        Key applications that support operational efficiency while minimising paper
pengurangan penggunaan kertas antara lain:                                                                    usage include:
1. Portal Jagat Raya merupakan platform internal yang digunakan untuk                                         1. Portal Jagat Raya is an internal platform used to support coordination
    mendukung koordinasi dan penyampaian informasi kerja di lingkungan                                            and delivery of work information within Bank Raya. This portal includes
    Bank Raya. Portal ini mencakup beberapa menu utama, antara lain:                                              several main menus, including:
    •    Agropos, aplikasi internal yang berfungsi sebagai sarana                                                 •    Agropos, an internal application that serves as a means of online
         korespondensi daring antar unit kerja hingga tingkat manajemen.                                               correspondence between work units up to the management level.
    •    i-SDM, aplikasi yang memudahkan karyawan dalam pengelolaan                                               •    i-SDM, an application that facilitates employees in managing personnel
         administrasi kepegawaian, termasuk pengajuan cuti, lembur, dan                                                administration, including submitting leave requests, overtime, and
         izin, serta media berbagi informasi melalui forum karyawan,                                                   permits, as well as a medium for sharing information through employee
         pemberitahuan hari libur, dan kebutuhan kepegawaian lainnya.                                                  forums, holiday notifications, and other personnel needs.
    •    Rayapedia, aplikasi yang memudahkan karyawan dalam melakukan                                             •    Rayapedia, an application that facilitates employees in searching
         pencarian dan akses terhadap berbagai ketentuan internal yang                                                 for and accessing various applicable internal regulations.
         berlaku.
2. Rayment (Raya Document Digital) merupakan platform yang digunakan                                          2.    Rayment (Raya Document Digital) is a platform used for digital storage
    untuk penyimpanan dan pengelolaan dokumen kredit debitur secara                                                 and management of debtor credit documents.
    digital.
3. Raya e-learning, sistem learning management yang digunakan untuk                                           3.    Raya e-learning, is a learning management system used to support
    mendukung pengembangan kompetensi insan BRI Group secara                                                        the digital development of BRI Group human resources.
    digital.
4. Pinang, aplikasi berbasis Android yang terhubung secara daring dan                                         4.    Pinang, an Android-based application that is connected online and
    memungkinkan proses persetujuan kredit konsumer dilakukan langsung                                              enables the consumer credit approval process to be carried out directly
    di lokasi secara cepat dan paperless.                                                                           on location quickly and paperless.
5. Raya Digital Saving, aplikasi tabungan digital dengan proses end-to-                                       5.    Raya Digital Saving, a digital savings application with an end-to-end
    end yang memungkinkan pembukaan rekening hanya melalui                                                          process that allows accounts to be opened simply by scanning an ID
    pemindaian KTP, swafoto, dan tanda tangan digital tanpa perlu datang                                            card, taking a selfie, and providing a digital signature without the need
    ke kantor cabang.                                                                                               to visit a branch office.



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        Performance Highlights                 Management Report                    Company Profile                      Overview of Business Support Units




Sejalan dengan karakteristik kegiatan usahanya, Bank Raya tidak               In line with the nature of its business activities, Bank Raya does not generate
menghasilkan limbah Bahan Berbahaya dan Beracun (B3), sehingga tidak          hazardous and toxic waste (B3), and therefore does not carry out any B3
melakukan kegiatan pengelolaan maupun pengolahan limbah B3. Oleh              waste management or treatment. Accordingly, information regarding the
karena itu, informasi terkait jumlah limbah B3, mekanisme pengelolaannya,     volume of B3 waste, its management mechanisms, or any potential spill
maupun potensi tumpahan limbah B3 tidak disajikan dalam laporan ini.          incidents is not disclosed in this report.



Program Penghijauan
Reforestation Program [OJK F.9, F.10]

Sebagai entitas jasa keuangan, aktivitas operasional Bank Raya tidak          As a financial services entity, Bank Raya's operational activities do not
bersentuhan langsung dengan kawasan bernilai keanekaragaman hayati            directly impact areas of high biodiversity value and therefore do not have
tinggi sehingga tidak menimbulkan dampak signifikan terhadap biodiversitas.   a significant impact on biodiversity. Nevertheless, Bank Raya continues to
Meski demikian, Bank Raya tetap menempatkan pelestarian lingkungan            prioritize environmental conservation as part of its social and environmental
sebagai bagian dari tanggung jawab sosial dan lingkungan. Komitmen            responsibility. This commitment is manifested through concrete initiatives
tersebut diwujudkan melalui inisiatif nyata berupa kegiatan penanaman         such as the planting of 3,500 mangrove trees as part of the Pantura Green
3.500 pohon mangrove di Pantai Mangunharjo, Semarang, Jawa Tengah,            Belt Program in Mangunharjo Beach, Semarang, Central Java, as a positive
sebagai kontribusi positif Bank dalam mendukung upaya perlindungan            contribution by the Bank in supporting efforts to protect coastal ecosystems
ekosistem pesisir dan keanekaragaman hayati.                                  and biodiversity.



Kepatuhan Lingkungan
Environmental Compliance [OJK F.16]

Bank memahami bahwa meskipun kegiatan usaha perbankan tidak                   The Bank recognises that although banking activities are not directly
berhubungan langsung dengan aktivitas yang berdampak besar terhadap           associated with operations that have a major environmental impact, there
lingkungan, tetap terdapat potensi jejak lingkungan yang perlu dikelola       remains a potential environmental footprint that must be managed responsibly.
secara bertanggung jawab. Oleh karena itu, Bank Raya secara konsisten         Accordingly, Bank Raya consistently applies a prudent approach by
menerapkan pendekatan kehati-hatian melalui pelaksanaan pemantauan            conducting periodic monitoring and measurement of relevant environmental
dan pengukuran berkala atas aspek-aspek lingkungan yang relevan,              aspects, which serve as the basis for ongoing evaluation and continuous
yang kemudian digunakan sebagai dasar evaluasi dan perbaikan                  improvement. All monitoring and evaluation processes are properly
berkelanjutan. Seluruh proses pemantauan dan evaluasi tersebut                documented and communicated to relevant parties to ensure transparency
didokumentasikan serta dikomunikasikan kepada pihak-pihak terkait             and accountability in the Bank's environmental performance. Throughout
guna memastikan transparansi dan akuntabilitas kinerja lingkungan Bank.       2025, based on these management and oversight efforts, Bank Raya did
Sepanjang tahun 2025, berdasarkan hasil pengelolaan dan pengawasan            not incur any sanctions or fines related to non-compliance with environmental
tersebut, Bank Raya tidak dikenakan sanksi maupun denda terkait               regulations, nor did it receive any complaints from the public or other
pelanggaran peraturan lingkungan, serta tidak menerima keluhan dari           stakeholders concerning environmental issues.
masyarakat maupun pemangku kepentingan lainnya yang berkaitan
dengan isu lingkungan.




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Aspek Sosial
Social Aspect

Kinerja Sosial Keberlanjutan
Sustainable Social Performance [GRI 3-3]

Di tengah perubahan lanskap industri perbankan yang semakin digital           Amid the rapidly evolving and increasingly digital banking landscape,
dan dinamis, Bank Raya memaknai keberlanjutan sosial bukan sekadar            Bank Raya views social sustainability not merely as a responsibility, but as
sebagai pemenuhan tanggung jawab, melainkan sebagai bagian dari               an integral part of how the Bank grows together with society. The digital
cara Perseroan tumbuh bersama masyarakat. Transformasi digital yang           transformation undertaken by Bank Raya is designed to respond to real
dijalankan Bank Raya dirancang untuk menjawab kebutuhan nyata                 customer needs by delivering financial services that are more accessible,
nasabah yaitu: menghadirkan layanan keuangan yang semakin mudah               secure, and relevant, including for MSMEs and underserved communities.
diakses, aman, dan relevan, termasuk bagi pelaku UMKM serta segmen            Through this inclusive approach, Bank Raya not only enhances operational
masyarakat yang selama ini masih terbatas aksesnya terhadap layanan           efficiency but also opens wider pathways for financial inclusion across
perbankan. Dengan pendekatan yang inklusif, Bank Raya tidak hanya             Indonesia.
mendorong efisiensi operasional, tetapi juga membuka lebih banyak pintu
bagi perluasan inklusi keuangan di berbagai wilayah Indonesia.

Kepercayaan nasabah menjadi fondasi utama dalam setiap inovasi yang           Customer trust stands as the cornerstone of every innovation. For this reason,
dihadirkan. Oleh karena itu, Bank Raya secara konsisten menempatkan           Bank Raya consistently places customer experience and satisfaction at the
pengalaman dan kepuasan nasabah sebagai pusat dari pengembangan               heart of its product and service development. Supported by a reliable digital
produk dan layanan. Melalui ekosistem digital yang andal, Perseroan           ecosystem, the Bank builds long-term relationships that are collaborative
membangun hubungan jangka panjang yang kolaboratif dan saling                 and mutually reinforcing.
menguatkan.

Di balik kemajuan teknologi, Bank Raya menyadari bahwa manusia tetap          Behind every technological advancement, Bank Raya believes that people
menjadi penggerak utama keberlanjutan. Karyawan diposisikan sebagai           remain the true drivers of sustainability. Employees are positioned as a key
pilar penting dalam perjalanan transformasi Perseroan. Untuk itu, Bank        pillar in the Bank’s transformation journey. Accordingly, Bank Raya continues
Raya terus berinvestasi dalam pengembangan kapabilitas insan melalui          to invest in talent development through comprehensive training programmes,
berbagai program pelatihan, pengembangan karier, serta inisiatif              career development initiatives, and employee welfare schemes aimed at
kesejahteraan yang bertujuan menciptakan lingkungan kerja yang inklusif,      nurturing an inclusive, collaborative, and competitive workplace. This culture
kolaboratif, dan berdaya saing. Budaya ini menjadi fondasi bagi lahirnya      serves as a fertile ground for sustainable innovation.
inovasi yang berkelanjutan.

Komitmen sosial Bank Raya juga meluas ke luar organisasi. Melalui berbagai    Bank Raya’s social commitment also extends beyond the organisation.
inisiatif tanggung jawab sosial, Perseroan berperan aktif dalam mendorong     Through various social responsibility initiatives, the Bank actively contributes
peningkatan kualitas hidup masyarakat, antara lain melalui program literasi   to improving community well-being, including through financial literacy
keuangan, dukungan terhadap akses pendidikan, serta bantuan sosial            programmes, support for access to education, and social assistance for
bagi komunitas yang membutuhkan.                                              communities in need.



Tumbuh dan Berkembang Bersama SDM Terbaik
Grow and Develop with the Best Human Capital

Bank Raya meyakini bahwa keberhasilan transformasi dan keberlanjutan          Bank Raya believes that the success of its transformation and long-term
bisnis bertumpu pada kekuatan sumber daya manusianya. Di tengah               business sustainability is anchored in the strength of its people. Amid an
dinamika industri perbankan yang semakin kompetitif dan digital, peran        increasingly competitive and digitalised banking landscape, employees
pekerja menjadi semakin strategis, yaitu sebagai penggerak inovasi dan        play an ever more strategic role, as drivers of innovation and guardians of
penjaga kualitas layanan kepada nasabah. Oleh karena itu, Perseroan           service quality for customers. Accordingly, the Company places the
menempatkan pengembangan kualitas dan kapabilitas SDM sebagai                 development of human capital quality and capability as one of the key
salah satu prioritas utama dalam strategi pertumbuhan jangka panjang.         priorities in its long-term growth strategy.

Melalui pengelolaan SDM yang terintegrasi, Bank Raya secara konsisten         Through integrated human capital management, Bank Raya consistently
membangun lingkungan kerja yang mendorong setiap insan untuk                  cultivates a working environment that encourages every individual to grow,
bertumbuh, berkontribusi, dan memberikan kinerja terbaik. Investasi pada      contribute, and deliver their best performance. Continuous investment in
peningkatan kompetensi, penguatan budaya kinerja, serta pengembangan          competency development, performance culture strengthening, and talent
talenta menjadi fondasi penting dalam memperkuat daya saing Perseroan         development serves as an essential foundation in reinforcing the Company’s
sebagai institusi keuangan yang inovatif dan terpercaya.                      competitiveness as an innovative and trusted financial institution.

Sebagai bentuk komitmen terhadap pemenuhan hak dan kesejahteraan              As part of its commitment to fulfilling employees’ rights and well-being,
karyawan, Bank Raya memastikan seluruh karyawan menerima upah di              Bank Raya ensures that all employees receive remuneration above the
atas standar upah minimum regional. Kebijakan ini tidak hanya mencerminkan    regional minimum wage standards. This policy not only reflects regulatory
kepatuhan terhadap regulasi, dan merupakan bagian dari strategi Perseroan     compliance, and forms an integral part of the Company’s strategy to
dalam menjaga motivasi, loyalitas, serta keberlanjutan kualitas sumber        maintain motivation, loyalty, and the sustainable quality of human capital
daya manusia sebagai aset utama perusahaan. [OJK F.20]                        as its most valuable asset. [OJK F.20]

Sejalan dengan itu, Bank Raya menerapkan sistem remunerasi yang               In parallel, Bank Raya implements a performance-oriented remuneration
berorientasi pada kinerja melalui pemberian kompensasi yang adil dan          system by providing fair and competitive compensation in accordance
kompetitif, sesuai dengan kontribusi masing-masing individu. Untuk            with each individual’s contribution. To ensure that human capital management
memastikan pengelolaan SDM berjalan secara terarah dan berkelanjutan,         is carried out in a structured and sustainable manner, the Company has
Perseroan telah menyusun Human Capital Roadmap yang selaras dengan            established a Human Capital Roadmap that is aligned with prevailing




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ketentuan perundang-undangan ketenagakerjaan, termasuk Undang-                     manpower regulations, including Law No. 11 of 2020 on Job Creation and
Undang No. 11 Tahun 2020 tentang Cipta Kerja dan Undang-Undang No.                 Law No. 13 of 2003 on Manpower. Further details on these policies are
13 Tahun 2003 tentang Ketenagakerjaan. Uraian lebih lanjut mengenai                presented in the Profile Chapter of this report.
kebijakan ini disajikan dalam Bab Profil laporan ini.



Kesetaraan dan Keadilan
Equality and Fairness [OJK F.18][GRI 405-1, 406-1]

Bank Raya memandang keberagaman sebagai fondasi penting dalam                      Bank Raya believes that diversity is one of the main drivers that support
membangun organisasi yang adaptif dan berdaya saing. Perbedaan latar               innovation and creativity in the organization. This diversity covers various
belakang baik dari sisi usia, kompetensi, pengalaman, maupun cara                  aspects, ranging from age, competence, experience, to perspective. By
pandang diposisikan sebagai sumber nilai tambah yang memperkaya                    accommodating these differences, Bank Raya creates an inclusive work
dinamika kerja sekaligus memperkuat kualitas pengambilan keputusan.                environment, which not only enriches the organizational culture but also
Dengan semangat tersebut, Bank Raya terus menumbuhkan lingkungan                   supports maximum individual development.
kerja yang inklusif, di mana setiap individu memiliki ruang untuk berkembang
dan berkontribusi secara optimal.

Prinsip kesetaraan dan keadilan menjadi bagian yang tidak terpisahkan              The principles of equality and fairness are an integral part of the Company's
dari praktik pengelolaan ketenagakerjaan Perseroan. Bank Raya memastikan           employment management practices. Bank Raya ensures that all employees
bahwa seluruh pekerja memperoleh kesempatan yang setara dalam                      have equal opportunities in the recruitment process, competency development,
proses rekrutmen, pengembangan kompetensi, hingga pengembangan                     and career development, without distinction based on race, ethnicity,
karier, tanpa membedakan suku, etnis, agama, gender, maupun latar                  religion, gender, or other backgrounds. All of these processes are carried
belakang lainnya. Seluruh proses tersebut dijalankan secara objektif dan           out objectively and transparently to foster mutual respect and trust in the
transparan untuk menumbuhkan rasa saling menghargai serta kepercayaan              work environment.
di lingkungan kerja.

Komitmen ini tercermin dari tidak adanya laporan atau temuan terkait               This commitment is reflected in the absence of reports or findings related
insiden diskriminasi selama periode pelaporan. Bank Raya juga secara               to incidents of discrimination during the reporting period. Bank Raya also
konsisten membuka ruang yang sama bagi perempuan untuk mengambil                   consistently provides equal opportunities for women to take on leadership
peran kepemimpinan serta menerapkan kebijakan remunerasi yang setara               roles and implements equal remuneration policies for male and female
bagi pekerja laki-laki dan perempuan.                                              employees.

Komposisi karyawan Bank Raya Berdasarkan Jenis Kelamin 2023-2025                   The composition of Bank Raya employees by gender for 2023-2025 is as
adalah sebagai berikut:                                                            follows


                                                                                                  Tahun
               Jenis Kelamin                                                                       Year
                  Gender
                                                           2025                                   2024                                       2023

 Pria                                                        542                                    519                                       541
 Male
 Wanita                                                      401                                    364                                       386
 Female



Keberagaman Manajemen dan Independensi Tahun                                       Management Diversity and Independence in 2025
2025

                  Uraian                                  Laki-laki                            Perempuan                                    Jumlah
                Description                                 Male                                 Female                                      Total

 Dewan Komisaris                                             2                                      2                                          4
 Board of Commissioners
 Direksi                                                     4                                      1                                          5
 Board of Directors




Rekrutmen dan Perputaran Karyawan
Employee Recruitment and Turnover [GRI 401-1]

Untuk memastikan kesiapan organisasi dalam menjawab kebutuhan bisnis               To ensure organisational readiness in responding to the Company’s evolving
yang terus berkembang, Bank Raya menjalankan strategi perencanaan                  business needs, Bank Raya implements a structured and sustainable
tenaga kerja yang terstruktur dan berkesinambungan. Pemenuhan kebutuhan            workforce planning strategy. Human capital requirements are fulfilled
SDM dilakukan melalui proses rekrutmen yang objektif, terbuka, dan berbasis        through an objective, transparent, and competency-based recruitment
kompetensi, sehingga setiap posisi diisi oleh individu yang memiliki kualifikasi   process, ensuring that each position is filled by individuals with the appropriate
yang tepat. Dalam seluruh tahapan seleksi, Bank Raya menjunjung tinggi             qualifications. Throughout the selection process, Bank Raya upholds the
prinsip kesetaraan kesempatan dan anti-diskriminasi, dengan memastikan             principles of equal opportunity and non-discrimination, ensuring that all
bahwa setiap kandidat dinilai secara profesional tanpa dipengaruhi oleh            candidates are assessed professionally without influence from personal




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hubungan pribadi maupun afiliasi tertentu. Kesempatan berkarir juga             relationships or specific affiliations. Career opportunities are also widely
diberikan secara luas kepada talenta lokal, termasuk untuk mengisi posisi-      available to local talents, including for strategic and managerial positions.
posisi strategis hingga level manajerial.

Sumber pemenuhan talenta berasal dari pengembangan internal maupun              Talent sourcing is carried out through both internal development and
rekrutmen eksternal. Dari internal, Bank Raya mendorong mobilitas melalui       external recruitment. Internally, Bank Raya promotes talent mobility through
mekanisme promosi, rotasi, dan penyesuaian jabatan sebagai bagian dari          promotion, rotation, and role adjustments to support career development
pengembangan karier dan kebutuhan organisasi. Sementara itu, dari sisi          and organisational needs. Externally, the Company recruits experienced
eksternal, Perseroan merekrut tenaga profesional maupun lulusan baru            professionals and fresh graduates through a structured and competitive
melalui proses seleksi yang terstruktur dan kompetitif.                         selection process.

Dalam implementasinya, Bank Raya mengelola berbagai skema rekrutmen             In its implementation, Bank Raya manages several recruitment schemes
yang disesuaikan dengan kebutuhan organisasi, antara lain melalui BRILiaN       tailored to organisational needs, including the BRILiaN Future Leader
Future Leader Program (BFLP) untuk mempersiapkan calon pemimpin                 Program (BFLP) to prepare future leaders, as well as Talent Hiring for positions
masa depan, serta Talent Hiring untuk pengisian posisi tertentu yang            requiring specific competencies. For strategic roles, ranging from Group
membutuhkan kompetensi spesifik. Untuk jabatan strategis, mulai dari            Heads to Division Heads, the Company applies a Special Hiring mechanism
Kepala Bagian hingga Kepala Divisi, Perseroan menerapkan mekanisme              in accordance with prevailing internal policies.
Special Hiring yang mengacu pada ketentuan internal yang berlaku.

Sepanjang tahun 2025, Bank Raya mencatat penambahan jumlah karyawan             Throughout 2025, Bank Raya recorded a net increase of 140 employees,
bersih sebanyak 140 orang, yang berasal dari penerimaan karyawan baru           resulting from new hires and employee movements due to various factors,
dan pergerakan keluar masuk karyawan karena berbagai faktor, termasuk           including retirement, resignation, and other reasons.
pensiun, pengunduran diri, dan alasan lainnya.

Komposisi karyawan baru berdasarkan gender, wilayah kerja, dan kelompok         Composition of new employees based on gender, work area and age
usia disajikan dalam tabel berikut:                                             group is presented in the following table:


             Uraian                        Komposisi Berdasarkan
                                                                                      2025                        2024                         2023
           Description                        Composition by

 Usia                           Baby Boomers (>56 tahun | years old)                     0                            0                            0
 Age
                                Gen X (41 – 55 tahun | years old)                        1                            0                            3
                                Gen Y/Millenials (25 – 40 tahun | years old)            27                           59                          21
                                Gen Z (<25 tahun | years old)                          112                           23                          28
 Jumlah                                                                                140                           82                          52
 Total
 Jenis Kelamin                  Pria                                                    66                           40                          23
 Gender                         Male
                                Wanita                                                  74                           42                          29
                                Female
 Jumlah                                                                                140                           82                          52
 Total
 Penempatan                     Kantor Pusat                                            73                           21                          23
 Work Area                      Head Office
                                Kantor Cabang                                           65                           61                          29
                                Branch Office
 Jumlah                                                                                140                           82                          52
 Total




Berdasarkan dinamika tersebut, Bank Raya juga memantau dan menghitung           Based on these dynamics, Bank Raya also monitors and calculates employee
tingkat perputaran Pekerja (turnover) sebagai salah satu indikator penting      turnover as an important indicator in evaluating the effectiveness of human
dalam mengevaluasi efektivitas pengelolaan sumber daya manusia selama           resource management during the reporting period. The Bank's employee
periode pelaporan. Tingkat perputaran pekerja Bank pada tahun 2025              turnover rate in 2025 was 3.52%. The 2025 turnover rate decreased from
adalah sebesar 3,52%. Tingkat turnover tahun 2025 mengalami penurunan           the previous year's rate of 4.46%.
dari tahun sebelumnya yaitu sebesar 4,46%.

Komposisi pekerja yang meninggalkan Bank Raya selengkapnya disajikan            The complete composition of employees leaving Bank Raya is presented
dalam tabel berikut:                                                            in the following table:


             Uraian                        Komposisi Berdasarkan
                                                                                      2025                        2024                         2023
           Description                        Composition by

 Usia                           Baby Boomers (>56 tahun | years old)                     0                            7                           0
 Age
                                Gen X (41 – 55 tahun | years old)                       10                           15                           6
                                Gen Y/Millenials (25 – 40 tahun | years old)            51                         113                           49
                                Gen Z (<25 tahun | years old)                           40                           11                           2




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              Uraian                         Komposisi Berdasarkan
                                                                                 2025                        2024                        2023
            Description                         Composition by

 Jumlah                                                                           101                         146                          57
 Total
 Jenis Kelamin                     Pria                                            58                          73                          38
 Gender                            Male
                                   Wanita                                          43                          73                          19
                                   Female
 Jumlah                                                                           101                         146                          57
 Total
 Penempatan                        Kantor Pusat                                    47                          71                          30
 Work Area                         Head Office
                                   Kantor Cabang                                   54                          75                          27
                                   Branch Office
 Jumlah                                                                           101                         146                          57
 Total




Pekerja Anak dan Kerja Paksa
Child Labor and Forced Labor [OJK F.19]

Bank Raya menegaskan komitmennya untuk menjunjung tinggi prinsip            Bank Raya affirms its commitment to upholding ethical and responsible
ketenagakerjaan yang beretika dan bertanggung jawab dalam seluruh           employment practices across all of its operations. The Company consistently
aktivitas operasional. Perseroan secara konsisten memastikan bahwa          ensures that all labour practices comply with prevailing laws and regulations,
seluruh praktik ketenagakerjaan dijalankan sesuai dengan ketentuan          including provisions on minimum working age and working hours. As part
peraturan perundang-undangan yang berlaku, termasuk ketentuan               of this commitment, Bank Raya sets the minimum employment age at 19
mengenai batas usia kerja dan pengaturan jam kerja. Sebagai bagian          years, thereby eliminating any possibility of child labour or any form of
dari upaya tersebut, Bank Raya menetapkan persyaratan usia minimum          forced labour within the Company’s working environment.
karyawan sebesar 19 tahun, sehingga tidak terdapat ruang bagi praktik
pekerja anak maupun bentuk kerja paksa dalam lingkungan kerja Perseroan.

Selain aspek usia, Bank Raya juga mengatur pola kerja yang berimbang        In addition to age requirements, Bank Raya also implements a balanced
antara pencapaian kinerja dan kesejahteraan karyawan. Jam kerja             working arrangement that takes into account both performance and
ditetapkan selama 8 jam per hari atau total 40 jam per minggu yang          employee well-being. Working hours are set at 8 hours per day or a total
dijalankan dalam 5 hari kerja, sesuai dengan ketentuan Pasal 77 Undang-     of 40 hours per week, applied over 5 working days, in accordance with
Undang Nomor 13 Tahun 2003 tentang Ketenagakerjaan. Kebijakan ini           Article 77 of Law No. 13 of 2003 on Manpower. This policy reflects the
mencerminkan upaya Perseroan untuk menjaga keberlangsungan                  Company’s efforts to maintain optimal operational performance while
operasional secara optimal sekaligus memastikan karyawan memiliki           ensuring that employees have adequate time to safeguard their health,
ruang yang memadai untuk menjaga kesehatan, keselamatan, dan kualitas       safety, and overall quality of life.
hidup yang baik.



Menciptakan Lingkungan Kerja yang Aman dan Layak
Creating a Safe and Decent Work Environment [OJK F.21] [GRI 403-1]

Bagi Bank Raya, tempat kerja yang aman dan layak bukan sekadar              For Bank Raya, a safe and decent workplace is not merely a matter of
kewajiban kepatuhan, melainkan fondasi penting bagi keberlanjutan           regulatory compliance, but a fundamental foundation for sustainable
kinerja dan kesejahteraan insan Perseroan. Oleh karena itu, Bank secara     performance and employee well-being. Accordingly, the Company
konsisten menempatkan aspek kesehatan dan keselamatan kerja (K3)            consistently places occupational health and safety (OHS) as an integral
sebagai bagian integral dari pengelolaan sumber daya manusia dan            part of its human capital management and daily operations. Every employee
operasional sehari-hari. Setiap pekerja memiliki hak untuk bekerja dalam    is entitled to work in a protected environment, including having access to
lingkungan yang terlindungi, termasuk memperoleh informasi yang memadai     adequate information on potential workplace risks, participating in OHS
mengenai potensi risiko di tempat kerja, terlibat dalam program-program     programmes, and raising concerns or refusing work that may endanger
K3, serta menyampaikan keberatan atau menolak pekerjaan yang dinilai        themselves or others.
dapat membahayakan diri sendiri maupun orang lain.

Komitmen ini diperkuat melalui berbagai inisiatif internal yang bertujuan   This commitment is further reinforced through various internal initiatives
menumbuhkan budaya kerja yang aman, sehat, dan berkelanjutan. Bank          aimed at fostering a safe, healthy, and sustainable working culture. Bank
Raya secara aktif mengembangkan program edukasi dan kampanye                Raya actively promotes education programmes and awareness campaigns
kesadaran yang mendorong terbentuknya kebiasaan kerja yang lebih            to encourage more responsible working behaviours, both in terms of personal
bertanggung jawab, baik terhadap keselamatan diri maupun terhadap           safety and environmental responsibility.
lingkungan sekitar.




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Dalam praktiknya, Perseroan mengajak seluruh pekerja untuk berpartisipasi      In practice, the Company invites all employees to take part in simple yet
dalam berbagai langkah sederhana namun berdampak, seperti menghemat            impactful actions, such as conserving energy by switching off unused
energi dengan mematikan peralatan listrik yang tidak digunakan,                electrical equipment, encouraging the use of reusable water bottles to
membiasakan penggunaan botol minum guna ulang untuk mengurangi                 reduce plastic waste, sorting and disposing of waste properly, maintaining
sampah plastik, memilah dan membuang sampah sesuai jenisnya, menjaga           cleanliness and order in work areas, and utilising pantry areas as comfortable
kerapian dan kebersihan area kerja, serta memanfaatkan ruang pantry            spaces for interaction and collaboration. Through these efforts, Bank Raya
sebagai area interaksi dan kolaborasi yang nyaman. Melalui pendekatan          not only safeguards occupational health and safety, but also cultivates a
ini, Bank Raya tidak hanya menjaga keselamatan dan kesehatan kerja,            working environment that supports productivity, comfort, and environmental
tetapi juga membangun lingkungan kerja yang mendukung produktivitas,           stewardship.
kenyamanan, dan kepedulian terhadap lingkungan.



Pelatihan dan Pendidikan
Training and Education [OJK F.22] [GRI 404-1, 404-2]

Bank Raya memandang pengembangan kapabilitas insan sebagai investasi           Bank Raya views the development of its people’s capabilities as a long-
jangka panjang yang menentukan daya saing dan keberlanjutan Perseroan.         term investment that underpins the Company’s competitiveness and
Oleh karena itu, pengelolaan sumber daya manusia diarahkan pada                sustainability. Accordingly, human capital management is driven by an
pendekatan berbasis kompetensi yang terintegrasi, mulai dari pemetaan          integrated competency-based approach, encompassing potential mapping,
potensi, penguatan kapabilitas melalui program pembelajaran, hingga            capability enhancement through learning programmes, performance
pengelolaan kinerja yang didukung oleh sistem informasi SDM yang saling        management, and an interconnected human capital information system.
terhubung. Melalui kerangka ini, setiap karyawan didorong untuk terus          Through this framework, employees are encouraged to continuously
mengenali, mengembangkan, dan mengoptimalkan potensi diri seiring              recognise, develop, and optimise their potential in line with the Company’s
dengan pertumbuhan organisasi.                                                 growth.

Sejalan dengan strategi pertumbuhan jangka panjang, Bank Raya                  In support of its long-term growth strategy, Bank Raya places education
menempatkan pendidikan dan pelatihan sebagai salah satu prioritas              and training as a key priority in human capital development. The learning
utama pengembangan SDM. Berbagai program pembelajaran dirancang                programmes are designed not only to strengthen technical skills, but also
tidak hanya untuk meningkatkan keterampilan teknis, tetapi juga untuk          to enhance leadership capabilities, professionalism, and foster an adaptive,
memperkuat kapasitas kepemimpinan, profesionalisme, serta membangun            performance-oriented mindset. In this way, human capital development
pola pikir yang adaptif dan berorientasi pada kinerja. Dengan demikian,        serves not only as a means to improve individual competencies, but also
pengembangan SDM tidak hanya menjadi sarana peningkatan kompetensi             as a key driver of the Company’s overall productivity and performance
individu, tetapi juga pendorong produktivitas dan kualitas kinerja Perseroan   quality.
secara keseluruhan.

Sepanjang tahun 2025, Bank Raya menyelenggarakan berbagai program              Throughout 2025, Bank Raya organised various training and education
pelatihan dan pendidikan dengan mengedepankan prinsip inklusivitas,            programmes based on the principle of inclusivity, ensuring equal access
di mana seluruh karyawan memperoleh kesempatan yang setara untuk               for all employees regardless of their employment status. A total of 160
berpartisipasi tanpa membedakan status kepegawaian. Tercatat sebanyak          training programmes were conducted using a Hybrid Learning approach,
160 program pelatihan dilaksanakan dengan metode Hybrid Learning               combining face-to-face and online sessions. These programmes were
yang mengkombinasikan pembelajaran tatap muka dan daring. Program-             attended by 932 participants from various business units, comprising both
program tersebut diikuti oleh 932 peserta yang berasal dari berbagai unit      permanent and contract employees. This initiative reflects the Company’s
kerja, baik pekerja tetap maupun kontrak. Inisiatif ini mencerminkan           commitment to building strong talent ready to respond to future business
komitmen Perseroan dalam membangun talenta unggul yang siap                    challenges.
menjawab tantangan bisnis di masa depan.




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                                                   Jumlah Karyawan yang
                                                                                        Rata-Rata Jam Pelatihan Berdasarkan Jenis Kelamin
  Rata-Rata Jam Pelatihan (GRI 404-1)                Mengikuti Pelatihan
                                                                                                                  (GRI 404-1)
       Average Training Hours                       Number of Employees
                                                                                                   Average Training Hours by Gender
                                                   Participating in Training
   (Jam per Karyawan | Hour per Employee)                                                        (Jam per Karyawan | Hour per Employee)

                                                                                                     Laki-laki                                   Perempuan
                    142                                        932                                   Man                                         Woman
                     Jam Per Karyawan                           (98% dari total

                                                                                                    139                                         147
                     Hours per Employee                         karyawan
                                                                                                              Jam                                        Jam
                                                                out of total                                  Hours                                      Hours
                                                                employees)




                                                                Rata-rata Jam Pelatihan
                                                            Berdasarkan Jabatan (GRI 404-1)
                                                           Average Training Hours by Job Title
                                                          (Jam per Karyawan | Hour per Employee)

                            SEVP                                                                                Kepala Bagian
                            SEVP                                                                                Manager

                              0    Jam
                                   Hours                                                                          133             Jam
                                                                                                                                  Hours



                            Kepala Divisi                                                                        Wakil Kepala Bagian
                            Head of Division                                                                     Assistant Manager

                              90      Jam
                                      Hours                                                                           124          Jam
                                                                                                                                   Hours



                            Kepala Desk                                                                          Pemimpin Cabang
                            Head of Desk                                                                         Branch Manager

                              157          Jam
                                           Hours                                                                      166          Jam
                                                                                                                                   Hours



                            Kepala Departemen                                                                    Pemimpin Cabang Pembantu
                            Head of Division                                                                     Sub-Branch Manager

                              90      Jam
                                      Hours                                                                           0   Jam
                                                                                                                          Hours




Hubungan Industrial
Industrial Relationship [GRI 2-30]

Bank Raya memandang hubungan industrial sebagai salah satu fondasi                Bank Raya regards sound industrial relations as a key foundation for
penting dalam menjaga stabilitas organisasi dan mendorong kinerja                 maintaining organisational stability and driving sustainable performance.
berkelanjutan. Oleh karena itu, Perseroan secara konsisten membangun              Accordingly, the Company consistently fosters a constructive partnership
kemitraan yang konstruktif antara manajemen dan pekerja, dengan                   between management and employees, guided by the principles of openness,
menempatkan prinsip keterbukaan, keadilan, dan saling menghormati                 fairness, and mutual respect in every interaction. Through a culture of open
sebagai nilai utama dalam setiap interaksi. Melalui budaya dialog yang            dialogue, Bank Raya strives to create healthy communication channels
terbuka, Bank Raya berupaya menciptakan ruang komunikasi yang sehat,              where aspirations, feedback, and shared interests can be conveyed and
di mana aspirasi, masukan, dan kepentingan bersama dapat disampaikan              discussed in a constructive manner.
dan dibahas secara konstruktif.

Dalam praktiknya, Bank Raya memastikan bahwa seluruh hak dan kewajiban            In its operations, Bank Raya ensures that employees’ rights and obligations
pekerja dilindungi melalui penerapan kebijakan ketenagakerjaan yang               are safeguarded through the implementation of employment policies that
sejalan dengan ketentuan peraturan perundang-undangan yang berlaku.               comply with prevailing laws and regulations. The Company also provides
Perseroan juga menyediakan berbagai saluran komunikasi formal maupun              various formal and informal communication channels to support the creation
informal untuk mendukung terciptanya hubungan kerja yang harmonis.                of harmonious working relationships. This approach not only aims to maintain
Pendekatan ini tidak hanya bertujuan menjaga iklim kerja yang kondusif,           a conducive working climate, but also forms part of the Company’s efforts
tetapi juga menjadi bagian dari upaya meningkatkan produktivitas,                 to enhance productivity, employee well-being, and the long-term sustainability
kesejahteraan karyawan, serta memperkuat keberlanjutan usaha Perseroan.           of its business.




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Sebagai bagian dari komitmen tersebut, Bank Raya memiliki Serikat Pekerja        As part of this commitment, Bank Raya has an employees’ union domiciled
yang berkedudukan di Jakarta dan berlandaskan Anggaran Dasar Serikat             in Jakarta, established based on the Articles of Association of the Employees
Karyawan Bank BRI Agro (SEKAR Bank BRI AGRO) tertanggal 3 April 2009.            Union of Bank BRI Agro (SEKAR Bank BRI AGRO) dated April 3, 2009. The
Serikat Pekerja ini telah tercatat di Suku Dinas Tenaga Kerja dan Transmigrasi   union has been officially registered with the South Jakarta Municipal Office
Kotamadya Jakarta Selatan dengan bukti pencatatan No. 579/V/P/V/2009             of Manpower and Transmigration under Registration No. 579/V/P/V/2009
tanggal 5 Mei 2009.                                                              dated May 5, 2009.



Bersinergi dengan Masyarakat
Synergy with the People

Bank Raya memaknai perannya di tengah masyarakat tidak semata                    Bank Raya views its role in society not merely as a provider of banking
sebagai penyedia layanan perbankan, dan juga sebagai bagian dari                 services, and also as an integral part of a social ecosystem that grows and
ekosistem sosial yang tumbuh dan berkembang bersama komunitas. Di                progresses together with communities. In addition to delivering innovative
samping menghadirkan berbagai solusi keuangan yang inovatif, Perseroan           financial solutions, the Company consistently channels its social contributions
secara konsisten menyalurkan kontribusi sosial melalui berbagai inisiatif        through various corporate social responsibility (CSR) initiatives designed to
tanggung jawab sosial perusahaan (TJSL) yang dirancang untuk menjawab            address the real needs of society.
kebutuhan nyata masyarakat.

Seluruh program TJSL Bank Raya disusun dengan pendekatan yang                    All of Bank Raya’s CSR programmes are developed through a structured
terencana dan berorientasi pada penciptaan nilai jangka panjang. Setiap          approach and oriented towards long-term value creation. Each initiative
inisiatif dilaksanakan dengan mengedepankan prinsip tata kelola yang             is implemented by upholding sound governance principles, including
baik, termasuk transparansi dan akuntabilitas, sehingga dampak yang              transparency and accountability, ensuring that the impact generated can
dihasilkan dapat terukur dan dirasakan secara langsung oleh penerima             be measured and directly felt by beneficiaries. In its design, Bank Raya also
manfaat. Dalam perancangannya, Bank Raya juga menyelaraskan                      aligns its CSR implementation with global development agendas, including
pelaksanaan TJSL dengan agenda pembangunan global, termasuk                      support for the achievement of the Sustainable Development Goals (SDGs),
dukungan terhadap pencapaian Tujuan Pembangunan Berkelanjutan                    as a reflection of the Company’s commitment to driving positive change
(TPB), sebagai wujud komitmen Perseroan dalam mendorong perubahan                across social, environmental, and economic dimensions.
yang positif di bidang sosial, lingkungan, dan ekonomi.

Untuk memastikan efektivitas dan kesinambungan pelaksanaannya,                   To ensure effectiveness and sustainability, Bank Raya’s CSR programmes
program CSR Bank Raya diintegrasikan ke dalam Rencana Bisnis Bank.               are integrated into the Bank’s Business Plan. Through this framework, every
Dengan kerangka ini, setiap kegiatan sosial dijalankan secara terarah dan        social initiative is carried out in a focused and consistent manner, so that
konsisten, sehingga keberadaan Perseroan tidak hanya berkontribusi pada          the Company’s presence not only contributes to business growth, but also
pertumbuhan usaha, tetapi juga menghadirkan manfaat yang lebih luas              delivers broader benefits to communities and the environment, creating
bagi masyarakat dan lingkungan, serta menciptakan dampak yang                    meaningful and sustainable impact.
bermakna dan berkelanjutan.



Dampak Operasi Terhadap Masyarakat Sekitar
Impact of Operations on Surrounding Communities [OJK F.23]

Bank Raya memaknai keberadaannya di tengah masyarakat tidak hanya                Bank Raya views its presence in society not merely as a participant in the
sebagai pelaku usaha di sektor jasa keuangan, tetapi juga sebagai bagian         financial services industry, but as an integral part of a broader social
dari ekosistem sosial yang turut bertanggung jawab dalam mendorong               ecosystem that shares responsibility for improving quality of life. In addition
kualitas hidup yang lebih baik. Di samping menjalankan berbagai inisiatif        to implementing various social initiatives in the areas of humanitarian
sosial di bidang kemanusiaan dan kesehatan, khususnya dalam merespons            assistance and public health, particularly in responding to natural disasters
bencana alam serta mendukung peningkatan kesehatan masyarakat,                   and supporting community health, Bank Raya also delivers broader impact
Bank Raya juga menghadirkan dampak yang lebih luas melalui perannya              through its role as a digital bank. By providing accessible, secure, and
sebagai bank digital. Melalui layanan perbankan berbasis teknologi yang          efficient digital banking services, the Company helps expand financial
mudah diakses, aman, dan efisien, Perseroan membuka akses keuangan               inclusion, including for segments of society that previously had limited
yang lebih inklusif bagi masyarakat, termasuk segmen yang sebelumnya             access to banking services.
memiliki keterbatasan akses terhadap layanan perbankan.

Sebagai salah satu pemangku kepentingan utama, masyarakat menjadi                As one of the Company’s key stakeholders, communities are placed at the
fokus penting dalam perancangan dan pelaksanaan program keberlanjutan            centre of Bank Raya’s sustainability initiatives. Each programme is designed
Bank Raya. Setiap inisiatif disusun dengan mempertimbangkan kebutuhan            with careful consideration of local needs and conditions, ensuring that the
dan karakteristik lokal, sehingga manfaat yang dihasilkan dapat dirasakan        benefits generated are tangible and relevant. This approach not only
secara nyata. Pendekatan ini tidak hanya mendorong peningkatan                   supports improvements in community well-being, but also strengthens
kesejahteraan masyarakat, tetapi juga memperkuat hubungan jangka                 long-term, mutually supportive relationships between the Company and
panjang yang saling mendukung antara Perseroan dan komunitas di                  the surrounding communities.
sekitarnya.




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Pelaksanaan Tanggung Jawab Sosial Perusahaan (TJSL) Bank Raya juga                     The implementation of Bank Raya’s Corporate Social Responsibility (CSR)
diselaraskan dengan agenda nasional dan global, termasuk dukungan                      is also aligned with national and global development agendas, including
terhadap pencapaian Tujuan Pembangunan Berkelanjutan (TPB/SDGs).                       support for the achievement of the Sustainable Development Goals (SDGs).
Program-program TJSL Perseroan dijalankan melalui beberapa pilar utama,                The Company’s CSR initiatives are carried out through several key pillars,
yaitu:                                                                                 namely:
1. Pengembangan Sumber Daya Manusia (SDM), termasuk pemberdayaan                       1. Human Resources (HR) development, including community
     masyarakat;                                                                             empowerment;
2. Meningkatkan perekonomian masyarakat melalui berbagai bantuan                       2. Improving the community's economy through various assistance and
     dan inisiatif;                                                                          initiatives;
3. Meningkatkan kepedulian sosial dengan menjaga hubungan harmonis                     3. Enhancing social cohesion by maintaining harmonious relationships
     dengan masyarakat sekitar;                                                              with surrounding communities;
4. Mewujudkan tata kelola yang baik dalam operasional bisnis;                          4. Realizing good governance in business operations;
5. Melindungi lingkungan dengan mengambil langkah-langkah                              5. Protecting the environment by taking sustainable measures to preserve
     berkelanjutan untuk melestarikan alam.                                                  nature.

Sejalan dengan komitmen tersebut, Bank Raya secara konsisten meningkatkan              In line with this commitment, Bank Raya continues to increase its CSR
alokasi dana TJSL dari tahun ke tahun serta terus berupaya meminimalkan                budget allocation from year to year and consistently strives to minimise
potensi dampak negatif dari kegiatan operasional. Upaya ini mencakup                   any potential negative impacts from its operations. These efforts include
pengelolaan limbah yang bertanggung jawab dan penerapan standar                        responsible waste management and strict adherence to environmental
kepatuhan lingkungan yang ketat, sehingga hingga tahun pelaporan tidak                 compliance standards, with no environmental violations recorded up to
terdapat temuan pelanggaran lingkungan. Melalui pendekatan yang                        the reporting year. Through an integrated approach that combines social
terintegrasi antara kontribusi sosial dan inovasi digital, Bank Raya berupaya          contributions and digital innovation, Bank Raya aims to create sustainable
menciptakan dampak positif yang berkelanjutan bagi masyarakat sekaligus                positive impact for communities while supporting the Company’s long-term
mendukung pertumbuhan usaha Perseroan.                                                 growth.

Besarnya investasi sosial untuk melaksanakan program-program TJSL                      The amount of social investment to implement CSR programs over the last
selama 3 (tiga) tahun terakhir adalah sebagai berikut:                                 3 (three) years is as follows:


            Uraian                            Satuan
                                                                                2025                              2024                             2023
          Description                          Unit

 Dana CSR                        Rp Juta                                        624                                752                              365
 CSR Funds                       Rp Million




Realisasi Literasi dan Inklusi Keuangan
Realization of Financial Literacy and Inclusion

Bank Raya menempatkan penguatan literasi dan inklusi keuangan                          Bank Raya places strengthening financial literacy and inclusion as an
sebagai bagian penting dari perannya dalam mendukung pembangunan                       important part of its role in supporting the development of a more inclusive
sektor jasa keuangan yang lebih inklusif. Komitmen ini dilaksanakan                    financial services sector. This commitment is implemented in line with the
sejalan dengan kebijakan dan regulasi Otoritas Jasa Keuangan (OJK),                    policies and regulations of the Financial Services Authority (OJK), particularly
khususnya POJK No. 3 Tahun 2023 tentang Peningkatan Literasi dan                       POJK No. 3 of 2023 concerning the Improvement of Financial Literacy and
Inklusi Keuangan di Sektor Jasa Keuangan, serta ketentuan pelaksanaan                  Inclusion in the Financial Services Sector, as well as the related implementing
terkait sebagaimana diatur dalam SEOJK No. 30/SEOJK.07/2017 dan                        provisions as stipulated in SEOJK No. 30/SEOJK. 07/2017 and SEOJK No.
SEOJK No. 31/SEOJK.07/2017.                                                            31/SEOJK.07/2017.

Sebagai bank digital, Bank Raya memanfaatkan teknologi untuk                           As a digital bank, Bank Raya utilizes technology to provide easier, faster,
menghadirkan akses layanan keuangan yang semakin mudah, cepat, dan                     and more relevant access to financial services for various segments of
relevan bagi berbagai lapisan masyarakat, sekaligus mendukung perluasan                society, while supporting the expansion of sustainable financial inclusion.
inklusi keuangan secara berkelanjutan.

Selaras dengan arah kebijakan Bank Raya tahun 2025 serta penerapan                     In line with Bank Raya's 2025 policy direction and the implementation of
Strategic House yang bertumpu pada empat pilar strategis dan lima enabler,             Strategic House, which is based on four strategic pillars and five enablers,
Bank Raya memperkuat kolaborasi strategis dengan Induk BRI sebagai                     Bank Raya is strengthening its strategic collaboration with its parent company,
bagian dari upaya Exploit Market Potential dan Explore Digital Opportunity.            BRI, as part of its efforts to Exploit Market Potential and Explore Digital
Kolaborasi ini diarahkan untuk mengoptimalkan potensi bisnis intragroup                Opportunities. This collaboration is aimed at optimizing intragroup business
melalui pemanfaatan ekosistem BRI Group serta pengembangan solusi                      potential through the utilization of the BRI Group ecosystem and the
digital yang terintegrasi guna memperluas jangkauan layanan dan                        development of integrated digital solutions to expand service coverage
meningkatkan nilai tambah bagi ekosistem bisnis Perseroan.                             and increase added value for the Company's business ecosystem.

Untuk meningkatkan pemahaman masyarakat terhadap produk dan                            To increase public understanding of the bank's products and services, as
layanan bank, sekaligus meningkatkan brand awareness, Bank Raya juga                   well as to increase brand awareness, Bank Raya also runs a digital financial
menjalankan inisiatif literasi keuangan digital melalui program Inspiraya              literacy initiative through the Inspiraya program, which is conducted through
yang diselenggarakan melalui kanal media sosial resmi Bank Raya. Program               Bank Raya's official social media channels. This program is part of the
ini merupakan bagian dari implementasi enabler Building Brand Value                    implementation of the Building Brand Value and Hybrid Network Distribution
dan Hybrid Network Distribution, yang bertujuan untuk meningkatkan                     enablers, which aim to increase public understanding of financial
pemahaman masyarakat terhadap pengelolaan keuangan sekaligus                           management while strengthening user engagement with Bank Raya's
memperkuat keterlibatan pengguna terhadap layanan digital Bank Raya.                   digital services. During 2025, 36 Inspiraya and Rayaforia programs were
Selama 2025 sudah dilaksanakan 36 program Inspiraya dan Rayaforia                      carried out through Instagram and TikTok, reaching 34,403 viewers.
melalui Instagram dan tiktok dengan jumlah reach 34.403 viewers.




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Inspiraya dilakukan secara online dan offline melalui media sosial dan                  Inspiraya is conducted online and offline through social media and face-
tatap muka di Community Branch Bank Raya. Program literasi yang berjalan                to-face meetings at Bank Raya Community Branches. The offline literacy
secara offline dilakukan dengan mengundang komunitas usaha.                             program is carried out by inviting business communities.



Kegiatan Tanggung Jawab Sosial Lingkungan
Environmental Social Responsibility Activities [OJK F.25]

Bank Raya memandang peran sosial dan lingkungan sebagai bagian                          Bank Raya views its social and environmental role as an integral part of its
yang tidak terpisahkan dari strategi pertumbuhan yang berkelanjutan.                    sustainable growth strategy. Accordingly, the Company consistently designs
Oleh karena itu, Perseroan secara konsisten merancang dan menjalankan                   and implements various Corporate Social Responsibility (CSR) initiatives
berbagai inisiatif Tanggung Jawab Sosial dan Lingkungan (TJSL) yang                     that are not merely focused on short-term assistance, but are also aimed
tidak hanya berorientasi pada bantuan jangka pendek, tetapi juga pada                   at creating long-term value and empowering communities in a sustainable
penciptaan nilai dan pemberdayaan masyarakat secara berkelanjutan.                      manner. Through this approach, Bank Raya strives to improve community
Melalui pendekatan ini, Bank Raya berupaya mendorong peningkatan                        well-being while at the same time strengthening the economic foundations
kualitas hidup masyarakat sekaligus memperkuat fondasi ekonomi di                       of the surrounding areas.
lingkungan sekitarnya.

Seluruh program TJSL Bank Raya disusun dengan mengacu pada agenda                       All of Bank Raya’s CSR programmes are developed with reference to the
pembangunan global, khususnya Tujuan Pembangunan Berkelanjutan                          global development agenda, particularly the Sustainable Development
(TPB/SDGs) hingga tahun 2030, serta mempertimbangkan tantangan                          Goals (SDGs) towards 2030, and by taking into account environmental
lingkungan, termasuk isu perubahan iklim. Sepanjang tahun 2025, Perseroan               challenges, including climate change issues. Throughout 2025, the Company
memfokuskan pelaksanaan TJSL pada sejumlah sasaran TPB yang relevan                     focused its SER implementation on several relevant SDG targets through a
melalui berbagai kegiatan yang terarah dan terukur sebagai berikut:                     range of structured and measurable initiatives as follows:


                                          Kegiatan                                                Penerima Program                         Waktu Pelaksanaan
  No
                                           Activity                                               Program Recipients                        Execution time

 1      CSR Ramadhan - Pemberian bantuan sembako pada masyarakat di sekitar            Masyarakat sekitar Unit Kerja BRI yang     17 Maret 2025
        unit kerja dengan bekerja sama dengan BRI Selindo                              Membutuhkan

        Ramadhan CSR - Distribution of basic food supplies to communities around the
        work unit in collaboration with BRI Selindo                                                                               March 17, 2025
 2      CSR Cluster Unggulan Jatiraras Sawarga - CB Menara BRILiaN                     Pelaku UMKM Jatiraras Sawarga Cibinong     2 Mei 2025

        Jatiraras Sawarga Leading Cluster CSR - CB Menara BRILiaN
                                                                                                                                  May 2, 2025
 3      CSR Idul Adha - Pemberian Hewan Qurban kepada Masjid Al - Ikhlas di area       Masjid Al-Ikhlas                           5 Juni 2025
        Kantor Pusat Bank Raya

        Eid al-Adha CSR - Distribution of Qurban animals to Al-Ikhlas Mosque in the                                               June 5, 2025
        Bank Raya Head Office area
 4      CSR Lingkungan - Pantura Green Belt Program                                    Kelompok Petani Ngebruk Lestari Pantai     13 Juni 2025
        Environmental CSR - Pantura Green Belt Program                                 Mangunharjo, Semarang                      June 13, 2025
 5      CSR Cluster Unggulan - SWK Srikana Surabaya CB Surabaya                        Pelaku UMKM SWK Srikana Surabaya           25 Juli 2025
        Leading Cluster CSR - SWK Srikana Surabaya CB Surabaya                                                                    July 25, 2025
 6      CSR Sosial - HUT Bank Raya Ke-36 Tahun                                         Panti Asuhan Al- Amanah Nusantara, Panti   26 September 2025
        Social CSR - Bank Raya's 36th Anniversary                                      Asuhan Al-Muharam, Panti Asuhan Madina     September 26, 2025
                                                                                       Assafina
 7      CSR Cluster Unggulan - Kuliner Sidodadi Semarang                               Pelaku UMKM Kuliner Sidodadi Semarang      12 Desember 2025
        CB Semarang                                                                                                               December 12, 2025
        CSR Cluster Unggulan - Culinary Sidodadi Semarang
        CB Semarang




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Membangun Loyalitas Nasabah
Building Customer Loyalty

Komitmen Memberikan Layanan Keuangan yang Terbaik dan Setara Kepada Nasabah
Commitment to Providing the Best and Equal Financial Services to Customers [OJK F.17]

Bagi Bank Raya, nasabah bukan sekadar pengguna layanan, melainkan             For Bank Raya, customers are not merely service users, but key partners in
mitra utama dalam perjalanan pertumbuhan Perseroan. Oleh karena itu,          the Company’s growth journey. Accordingly, every business strategy and
setiap strategi dan inisiatif bisnis dirancang dengan menempatkan             initiative is designed with customers’ interests at its core. This commitment
kepentingan nasabah sebagai pusat perhatian. Komitmen ini diwujudkan          is reflected in the delivery of reliable services, consistent customer experience,
melalui penyediaan layanan yang andal, pengalaman yang konsisten,             and continuous efforts to build trust and long-term, mutually beneficial
serta upaya berkelanjutan untuk membangun kepercayaan dan hubungan            relationships.
jangka panjang yang saling menguntungkan.

Perseroan meyakini bahwa semakin luas jangkauan layanan dan semakin           The Company believes that the broader its service reach and the stronger
kuat tingkat kepercayaan nasabah, maka semakin kokoh pula fondasi             the trust of its customers, the more solid the foundation of its long-term
keberlanjutan usaha di masa depan. Keberhasilan Bank Raya tidak hanya         sustainability will be. Bank Raya’s success is not measured solely by the
diukur dari pertumbuhan jumlah nasabah, tetapi juga dari tingkat kepuasan,    number of customers served, but also by the level of satisfaction, loyalty,
loyalitas, dan kualitas hubungan yang terbangun melalui pelayanan yang        and the quality of relationships built through excellent and consistent service.
unggul dan berkesinambungan.

Bank Raya mengembangkan customer engagment services layanan 24                Bank Raya has developed 24-hour customer engagement services in the
jam berupa contact center Sapa Raya yang dapat diakses melalui:               form of the Sapa Raya contact center, which can be accessed via:
-   Call Center 1500494                                                       -   Call Center 1500494
-   Video Call 081210000494                                                   -   Video Call 081210000494
-   Live Chat melaui aplikasi Raya                                            -   Live Chat via the Aplikasi Raya
-   Email sapa-raya@bankraya.co.id                                            -   Email sapa-raya@bankraya.co.id

Dalam implementasi, Bank Raya memastikan bahwa setiap produk dan              In its implementation, Bank Raya ensures that every product and service
layanan disertai dengan informasi yang jelas, akurat, dan transparan.         is accompanied by clear, accurate, and transparent information. During
Selama tahun 2025 jumlah kontak melalui Sapa Raya meningkat 16,05%            2025, the number of contacts through Sapa Raya increased by 16.05% to
menjadi 468 ribu kontak dari sebelumnya 393 ribu kontak. Bank Raya telah      468 thousand contacts from the previous 393 thousand contacts. Bank
melakukan peningkatan layanan dengan menurunkan waktu tunggu                  Raya has improved its services by reducing the waiting time through the
melalui layanan Sapa Raya dari 64,95 menit menjadi 1,9 menit dan waktu        Sapa Raya service from 64.95 minutes to 1.9 minutes and improving the
penanganan membaik dari 10,68 menit menjadi 9,02 menit.                       handling time from 10.68 minutes to 9.02 minutes.



Inovasi dan Pengembangan Produk dan Jasa Keuangan Berkelanjutan
Innovation and Development of Sustainable Financial Products and Services [OJK F.26]

Sejalan dengan komitmen untuk mendukung transisi menuju ekonomi               In line with its commitment to supporting the transition towards a more
yang lebih berkelanjutan, Bank Raya secara konsisten mengembangkan            sustainable economy, Bank Raya consistently develops its portfolio of
portofolio produk dan layanan yang selaras dengan prinsip Kegiatan Usaha      products and services that are aligned with the principles of Sustainable
Berkelanjutan (KUB). Mengacu pada ketentuan POJK No. 60/2017, Perseroan       Business Activities (Kegiatan Usaha Berkelanjutan/KUB). Referring to POJK
telah menghadirkan berbagai solusi, termasuk Digital Saving dan Pinang,       No. 60/2017, the Company has introduced various solutions, including
yang tidak hanya menjawab kebutuhan finansial nasabah, tetapi juga            Digital Saving and Pinang, which not only address customers’ financial
mendorong praktik usaha yang lebih bertanggung jawab. Ke depan, Bank          needs but also encourage more responsible business practices. Going
Raya terus mempersiapkan peluncuran produk dan layanan tambahan               forward, Bank Raya continues to prepare the launch of additional products
yang memenuhi kriteria KUB, sehingga nasabah memiliki semakin banyak          and services that meet KUB criteria, providing customers with a wider range
pilihan untuk mendukung aktivitas usaha yang berwawasan lingkungan            of options to support environmentally sound and sustainable business
dan berkelanjutan.                                                            activities.

Komitmen tersebut tercermin dalam kinerja penyaluran pembiayaan.              This commitment is reflected in the Company’s financing performance.
Sepanjang tahun 2025, Bank Raya berhasil menyalurkan kredit untuk             Throughout 2025, Bank Raya successfully disbursed Rp3.66 trillion in
Kegiatan Usaha Berkelanjutan sebesar Rp3,66 triliun, menunjukkan perubahan    financing for Sustainable Business Activities, representing a change
dibandingkan dengan realisasi tahun 2024 yang tercatat sebesar Rp2,97         compared to the 2024 realisation of Rp2.97 trillion. In accordance with
triliun. Mengacu pada ketentuan POJK No. 51/2017, porsi kredit KUB tersebut   POJK No. 51/2017, such KUB financing accounted for 47.49% of the
mencapai 47,49% dari total kredit yang disalurkan oleh Perseroan. Capaian     Company’s total loans disbursed. This achievement underscores Bank
ini menegaskan peran Bank Raya dalam mengintegrasikan aspek                   Raya’s role in integrating sustainability into its business strategy while
keberlanjutan ke dalam strategi bisnis sekaligus memperkuat kontribusi        strengthening its contribution to more inclusive and sustainable economic
terhadap pembangunan ekonomi yang lebih inklusif dan berkelanjutan.           development.




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      Management Discussion and Analysis                        Good Corporate Governance                        Sustainability Report                    Audited Financial Report




Daftar Inovasi dan Pengembangan Produk/Layanan                                                List of Product/Service Innovation and Development in
Tahun 2025                                                                                    2025

                                                                                                                                                                   Perkembangan
           Nama Proyek                                                                                                                     Pihak yang diajak     sampai akhir tahun
         Inovasi/Penelitian                       Deskripsi singkat                                   Tujuan dan target                       kerja sama              pelaporan
 No
       Innovation/Research                        Short description                                   Goals and targets                     Parties invited to   Development until the
           Project Name                                                                                                                       collaborate         end of the reporting
                                                                                                                                                                          year

 1     Uang Saku, Tabungan        Inovasi saku dimana orang tua pemilik rekening        Meningkatkan jumlah NoA, volume digital            -                     Live
       Untuk Anak 10-17 tahun     Bank Raya dapat membuka saku untuk anak.              saving dan transaksi. Serta aspek literasi
                                  Anak kemudian dapat mengaktivasi Uang Saku            keuangan bagi anak berusia di bawah 17
                                  di HP anak sendiri untuk bertransaksi QRIS dengan     tahun.
                                  pengawasan penuh dari orang tua.

                                  A pocket innovation where Bank Raya account           Increasing the number of NoA, digital savings
                                  holders’s parents can open a pocket for their         volume, and transactions. As well as financial
                                  children. Children can then activate Uang Saku        literacy for children under 17 years of age.
                                  on their own mobile phones to make QRIS
                                  transactions under full parental supervision.
 2     Kartu Debit Virtual Visa   Fitur kartu debit non-fisik Visa di aplikasi Raya     Meningkatkan frekuensi dan volume transaksi        VISA                  Live
                                  untuk pembayaran online, e-commerce dan               serta Fee Based Income.
                                  subscription.

                                  A non-physical Visa debit card feature in the         Increasing the frequency and volume of
                                  Aplikasi Raya for online payments, e-commerce,        transactions and Fee Based Income.
                                  and subscriptions
 3     Embedded Finance           Integrasi layanan perbankan Bank Raya dengan          Bank Raya menyentuh lebih banyak nasabah           Smartcoop aplikasi    Live
       - Raya Open API            partner digital.                                      underbank dan memberi literasi keuangan            koperasi, Doomoo
                                                                                        melalui penyediaan layanan keuangan                e-Wallet
                                                                                        bersama partner. Di sisi bisnis, bertujuan untuk   (Balikpapan).
                                                                                        meningkatkan jumlah NoA, volume dan
                                                                                        transaksi.

                                  Integration of Bank Raya's banking services with      Bank Raya reaches more underbanked
                                  digital partners.                                     customers and provides financial literacy
                                                                                        through the provision of financial services with
                                                                                        partners. On the business side, the aim is to
                                                                                        increase the number of NoA, volume, and
                                                                                        transactions.
 4     QRIS Customer              Metode pembayaran QRIS dimana nasabah                 Meningkatkan jumlah dan volume transaksi           -                     Live
       Presented Mode             memunculkan QR code nya untuk melakukan               serta FBI. Juga menghadirkan layanan
                                  pembayaran.                                           pembayaran cardless yang dapat ditransaksikan
                                                                                        di minimarket seperti Indomaret dan Alfamart.

                                  QRIS payment method where customers display           Increasing the number and volume of
                                  their QR code to make payments.                       transactions as well as FBI. Also introducing
                                                                                        cardless payment services that can be
                                                                                        transacted at minimarkets such as Indomaret
                                                                                        and Alfamart.
 5     Raya Story dan Personal    Fitur insight keuangan yang disajikan secara          Meningkatkan loyalitas nasabah, Monthly Active     -                     Live
       Financial Management       ringan dan mudah dipahami oleh pengguna.              User, serta memberi literasi keuangan yang
                                                                                        mudah dipahami.

                                  Financial insight features presented in a light and   Increasing customer loyalty, Monthly Active
                                  easy-to-understand manner for users.                  Users, and providing easy-to-understand
                                                                                        financial literacy.
 6     Perluasan Pinang Dana      Perluasan penyaluran Dana Talangan ke pelaku          Percepatan laku bisnis UMKM di Indonesia           BRI                   Live
       Talangan untuk UMKM        UMKM non keagenan BRILink. Fokus kepada               disertai dengan peningkatan disbursement,
                                  pelaku UMKM yang telah bekerjasama sebagai            outstanding digital lending Bank Raya.
                                  BRI Merchant.

                                  Expansion of emergency fund disbursement to           Accelerating the growth of SME businesses in
                                  non-BRILink agent SMEs. Focus on SMEs that have       Indonesia accompanied by an increase in
                                  partnered as BRI Merchants.                           disbursements and outstanding digital lending
                                                                                        from Bank Raya.




Evaluasi Keamanan Produk dan Jasa
Product and Service Safety Evaluation [OJK F.27]

Bank Raya menempatkan aspek keamanan, keandalan, dan kepatuhan                                Bank Raya places security, reliability, and regulatory compliance as the
sebagai fondasi utama dalam pengembangan dan penyediaan seluruh                               core foundation in the development and delivery of all its products and
produk dan layanan. Setiap produk dan jasa yang diluncurkan terlebih                          services. Every product and service is subject to a comprehensive evaluation
dahulu melalui proses evaluasi dan pengujian yang menyeluruh untuk                            and testing process prior to launch to ensure compliance with established
memastikan kesesuaiannya dengan standar kelayakan, kebutuhan nasabah,                         standards, customer needs, and prevailing laws and regulations, including
serta ketentuan peraturan perundang-undangan yang berlaku, termasuk                           those issued by the Financial Services Authority (OJK) and Bank Indonesia.
regulasi dari Otoritas Jasa Keuangan (OJK) dan Bank Indonesia.




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Sebagai bank digital, Bank Raya juga memberikan perhatian khusus pada           As a digital bank, Bank Raya also places strong emphasis on data protection
perlindungan data dan keamanan sistem informasi. Perseroan menerapkan           and information system security. The Company implements strict policies
kebijakan dan prosedur yang ketat terkait perlindungan data pribadi             and procedures on customer data privacy, cyber crime risk management,
nasabah (data privacy), pengelolaan risiko kejahatan siber (cyber crime),       and the strengthening of information technology security controls. Various
serta penguatan pengendalian keamanan teknologi informasi. Berbagai             preventive and detective measures are continuously carried out, including
upaya preventif dan detektif dilakukan secara berkelanjutan, termasuk           system monitoring, security testing, and ongoing enhancement of information
pemantauan sistem, pengujian keamanan, serta peningkatan kesadaran              security awareness within the organisation.
keamanan informasi di lingkungan internal.

Untuk memastikan kesinambungan layanan dalam berbagai kondisi, Bank             To ensure service continuity under various conditions, Bank Raya has also
Raya juga telah menyiapkan dan mengimplementasikan Data Disaster                established and implemented a Data Disaster Recovery Plan and Business
Recovery Plan dan Business Continuity Plan yang diuji secara berkala.           Continuity Plan, which are tested on a regular basis. Through these measures,
Dengan demikian, Perseroan dapat menjaga ketersediaan layanan dan               the Company is able to maintain service availability and minimise potential
meminimalkan potensi gangguan terhadap operasional maupun kepentingan           disruptions to operations and customer interests.
nasabah.

Di sisi lain, Bank Raya berkomitmen untuk menyampaikan informasi produk         At the same time, Bank Raya is committed to providing customers with
dan layanan secara jelas, akurat, dan transparan kepada nasabah. Seluruh        clear, accurate, and transparent information regarding its products and
aktivitas operasional Perseroan berada di bawah pengawasan OJK dan              services. All of the Company’s operational activities are conducted under
dijalankan sesuai dengan ketentuan yang berlaku, sehingga nasabah               the supervision of OJK and in full compliance with applicable regulations,
dapat menggunakan layanan Bank Raya dengan rasa aman dan percaya.               enabling customers to use Bank Raya’s services with confidence and peace
                                                                                of mind.


Dampak Produk dan Jasa Keuangan Keberlanjutan
Impact of Sustainability Financial Products and Services [OJK F.28]

Bank Raya memahami bahwa setiap penyaluran pembiayaan tidak hanya               Bank Raya recognises that every financing activity not only brings growth
membawa peluang pertumbuhan, tetapi juga dapat menimbulkan dampak               opportunities, but may also generate social and environmental impacts
sosial dan lingkungan yang perlu dikelola secara bertanggung jawab.             that must be managed responsibly. Accordingly, the Company consistently
Oleh karena itu, Perseroan secara konsisten mengintegrasikan prinsip            integrates prudential and sustainability principles throughout the entire
kehati-hatian dan keberlanjutan ke dalam seluruh siklus pembiayaan,             financing cycle, from initial identification and assessment to credit decision-
mulai dari tahap identifikasi, analisis, hingga pengambilan keputusan kredit.   making.

Dalam proses tersebut, Bank Raya melakukan penilaian atas potensi risiko        In this process, Bank Raya conducts evaluations of potential risks and
serta dampak yang mungkin timbul, guna memastikan bahwa pembiayaan              impacts to ensure that the financing provided does not result in adverse
yang diberikan tidak menimbulkan konsekuensi negatif bagi lingkungan            consequences for the environment or society. This approach forms part of
maupun masyarakat. Pendekatan ini menjadi bagian dari upaya Perseroan           the Company’s efforts to safeguard portfolio quality while at the same time
dalam menjaga kualitas portofolio sekaligus mendorong praktik usaha             encouraging more responsible and sustainable business practices.
yang lebih bertanggung jawab dan berkelanjutan.

Penetapan klasifikasi pembiayaan ke dalam kategori Kegiatan Usaha               The classification of financing into Sustainable Business Activities (Kegiatan
Berkelanjutan (KUB) dan Non-KUB dilakukan berdasarkan kajian yang               Usaha Berkelanjutan/KUB) and Non-KUB categories is determined based
mengacu pada informasi yang tersedia untuk umum serta data dan                  on assessments referring to publicly available information as well as data
dokumen yang disampaikan oleh nasabah. Dengan mekanisme ini, Bank               and documents submitted by customers. Through this mechanism, Bank
Raya berupaya memastikan bahwa setiap pembiayaan ditempatkan                    Raya seeks to ensure that each financing facility is appropriately categorised
secara tepat sesuai dengan karakteristik dan dampaknya, sekaligus               according to its characteristics and impacts, while supporting the achievement
mendukung pencapaian tujuan keberlanjutan Perseroan.                            of the Company’s sustainability objectives.



Produk yang Ditarik Kembali
Recalled Products [OJK F.29]

Hingga akhir Desember 2025, tidak terdapat penarikan kembali atau               As of the end of December 2025, there were no recalls or discontinue on
penghentian (discontinue) atas produk dan layanan Bank Raya.                    Bank Raya products and services.



Pengaduan Nasabah
Customer Complaints [OJK F.24]

Bank Raya menempatkan kualitas layanan dan perlindungan kepentingan             Bank Raya places service quality and customer protection at the core of
nasabah sebagai bagian penting dari komitmen untuk membangun kepercayaan        its commitment to building long-term trust. As part of this commitment, the
jangka panjang. Sebagai wujud komitmen tersebut, Perseroan menyediakan          Company provides an accessible, transparent, and responsive Customer
mekanisme Pengaduan Nasabah yang mudah diakses, transparan, dan                 Complaint mechanism, enabling customers to submit inquiries, feedback,
responsif, sebagai sarana bagi nasabah untuk menyampaikan pertanyaan,           or complaints regarding the Bank’s products and services. This policy is in
masukan, maupun keluhan terkait produk dan layanan. Kebijakan ini sejalan       line with Circular Letter of the Financial Services Authority (OJK) No. 2/
dengan ketentuan Surat Edaran Otoritas Jasa Keuangan (SEOJK) Nomor 2/           SEOJK.07/2014 on Consumer Complaint Handling and Resolution in the
SEOJK.07/2014 tentang Pelayanan dan Penyelesaian Pengaduan Konsumen             Financial Services Sector.
pada Pelaku Jasa Keuangan.




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                      Management Discussion and Analysis                  Good Corporate Governance                    Sustainability Report                 Audited Financial Report




Untuk memastikan kemudahan akses informasi dan layanan, Bank Raya                                   To ensure ease of access to information and services, Bank Raya provides
menyediakan berbagai saluran komunikasi dan informasi bagi nasabah,                                 various communication and information channels, including:
antara lain:
•   Situs perusahaan https://bankraya.co.id untuk informasi produk                                  •    Company website https://bankraya.co.id for product information
•   Fitur FAQ produk di aplikasi-aplikasi digital Bank Raya                                         •    Product FAQ feature in Bank Raya's digital applications
•   Community Branch di berbagai kota besar Indonesia, yang dapat                                   •    Community Branches in various major cities in Indonesia, which can
    ditemukan di https://bankraya.co.id/help/branch-locations                                            be found at https://bankraya.co.id/help/branch-locations
•   Contact Center Bank Raya melalui berbagai saluran:                                              •    Bank Raya Contact Center through various channels:
    o Call center: 1500 494                                                                              o Call center: 1500 494
    o Instagram resmi Bank Raya: @bankraya                                                               o Bank Raya official Instagram: @bankraya
    o WhatsApp resmi Bank Raya: +62 811-1952-3111                                                        o Bank Raya official WhatsApp: +62 811-1952-3111
    o WhatsApp resmi Pinang: +62 811-1953-9494                                                           o Pinang official WhatsApp: +62 811-1953-9494
    o Facebook Messenger: https://www.facebook.com/ BankRayaOfficial                                     o Facebook Messenger: https://www.facebook.com/ BankRayaOfficial

Seluruh pengaduan nasabah dikelola oleh Divisi Digital Operation yang                               All customer complaints are managed by the Digital Operation Division,
bertanggung jawab untuk menerima, menelaah, dan menindaklanjuti                                     which is responsible for receiving, reviewing, and following up on each
setiap laporan secara profesional dan tepat waktu. Selain melalui saluran                           report in a professional and timely manner. In addition to digital channels,
digital, nasabah juga dapat menyampaikan pengaduan secara langsung                                  customers may also submit complaints directly through Customer Service
melalui Customer Service di jaringan kantor Bank Raya.                                              at Bank Raya’s branch network.


                                                                     INCIDENT MANAGEMENT
                                                                                                                                                    MAJOR INCIDENT       PROBLEM
                              Customer Service Cabang &                                                                    Vendor, Product Owner,     HANDLING         MANAGEMENT
                                                                                       Divisi Digital Operation
                              Omnichannel Contact Center                                                                    atau Process owner

                        Menerima                         Ya    Membuat                                     Butuh     Ya
                       kunjungan,           Perlu                Tiket              Validasi              Eskalasi
                      call, atau chat                                                                                                                 Tiket Masuk      Problem Baru
                                          Eskalasi?           Pengaduan           Pengaduan              Koordinasi?
                      dari Nasabah                              ke Jira
                                                                                                                   Tidak
                                                 Tidak
 Reactive Handling




                                                                                                                 Tidak
                                                                                                           Butuh
                                           Resolve                                Kategorisasi           Perubahan                                   Pembentukan         Validasi
                                         Pengaduan                                Pengaduan               Sistem?                                     Task Force         Problem

                                                                                                                  Ya
                                                                                                                              Jika
                                                                                                                              dibutuhkan,            Pengumpulan        Investigasi
                                                                                   Prioritisasi
                                                                                                                              akan dilakukan            Bukti &        Root Cause &
                                                                                  Pengaduan
                                                                                                                              koordinasi              Investigasi      Work around
                                                                                                                              dengan
                                                                                            Tidak                             vendor,
                                        Bank Monitoring                                                                       product owner
                                                                                      Major                                                                             Perumusan
                                                                                                                              atau process           Service/Data
                                                                                    Incident?                                                                          Fixing/Solusi
                                                                                                                              owner untuk              Recovery
                                                                                                                                                                        Permanen
                                                                                                                              menyelesaikan
                                                                                           Ya                                 kendala yang
                                                                                                                              membutuhkan
                                                                                                                              penyesuaian            Review Major        Eksekusi
                                                                                  Major Incident
                        Mendeteksi                                                                                            kebijakan/               Incident        Fixing/Solusi
                         Anomali                              Membuat Tiket         Handling
 Proactive Handling




                        transaksi/                                                                                            pengembangan             Handling         Permanen
                                                                 ke Jira
                       Potensi fraud                                                                                          aplikasi.

                                                                                     Case/                                                                               Deploy
                                                                                                          Change                                                         Fixing/
                                                                                    Problem                                                          Dokumentasi
                                                                                                        Management                                                       Resolusi
                                                                                     Baru?                                                                              Permanen
                                                                                           Tidak
                                                                                   Ya

                                                                                                                                                                       Pemantauan
                                                                                    Problem               Resolve                                    Pembubaran
                                                                                                                                                                        Komplain
                                                                                  Management            Pengaduan                                     Task Force
                                                                                                                                                                          Baru




Sepanjang tahun 2025, Bank Raya menerima sebanyak 734.999 pengaduan                                 Throughout 2025, Bank Raya received a total of 734.999 customer complaints,
dari nasabah, yang mayoritas berkaitan dengan gangguan atau kendala                                 the majority of which were related to disruptions or issues in information
pada perangkat dan sistem teknologi informasi. Hingga akhir tahun 2025,                             technology systems and devices. By the end of 2025, all complaints had
seluruh pengaduan tersebut telah berhasil ditangani dan diselesaikan dengan                         been successfully resolved, resulting in a 100% resolution rate.
tingkat penyelesaian mencapai 100%.

Dalam penyelenggaraan layanan, Bank Raya juga menempatkan                                           In delivering its services, Bank Raya also places strong emphasis on customer
perlindungan data pribadi dan privasi nasabah sebagai prioritas utama.                              privacy and personal data protection. The Company is committed to
Perseroan berkomitmen untuk mematuhi seluruh ketentuan peraturan                                    complying with all applicable regulations on data protection, including:
perundang-undangan yang berlaku terkait perlindungan data, antara lain:



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        Performance Highlights                   Management Report                     Company Profile                      Overview of Business Support Units




1.   Undang-Undang No. 7 Tahun 1992 tentang Perbankan, yang terakhir             1.   Law No. 7 of 1992 on Banking, last amended by Law No. 4 of 2023
     diperbarui dengan Undang-Undang No. 4 Tahun 2023 tentang                         on the Development and Strengthening of the Financial Sector.
     Pengembangan dan Penguatan Sektor Keuangan.
2.   Undang-Undang No. 27 Tahun 2022 tentang Pelindungan Data Pribadi            2.   Law No. 27 of 2022 on Personal Data Protection (PDP Law)
     (UU PDP)
3.   Peraturan Otoritas Jasa Keuangan (POJK) No. 22 Tahun 2023 tentang           3.   Financial Services Authority Regulation (POJK) No. 22 of 2023 concerning
     Pelindungan Konsumen dan Masyarakat di Sektor Jasa Keuangan.                     Consumer and Community Protection in the Financial Services Sector.
4.   Peraturan Otoritas Jasa Keuangan (POJK) No. 3 Tahun 2023 tentang            4.   Financial Services Authority Regulation (POJK) No. 3 of 2023 concerning
     Peningkatan Literasi Dan Inklusi Keuangan Di Sektor Jasa Keuangan                the Improvement of Financial Literacy and Inclusion in the Financial
     Bagi Konsumen Dan Masyarakat                                                     Services Sector for Consumers and the Community
5.   Surat Edaran OJK No. 14/SEOJK.07/2014 tentang Kerahasiaan dan               5.   OJK Circular Letter No. 14/SEOJK.07/2014 concerning the Confidentiality
     Keamanan Data Pribadi Konsumen.                                                  and Security of Consumer Personal Data.

Untuk menjaga kerahasiaan data, Bank Raya meminta persetujuan tertulis           To safeguard data confidentiality, Bank Raya obtains customers’ written
dari nasabah bahwa data pribadi tidak akan disebarluaskan kepada pihak           consent stating that their personal data will not be disclosed to third parties
ketiga untuk tujuan komersial, kecuali diatur lain oleh ketentuan peraturan      for commercial purposes, unless otherwise stipulated by prevailing laws
perundang-undangan. Sebelum persetujuan diberikan, Bank terlebih                 and regulations. Prior to obtaining such consent, the Bank provides an
dahulu menjelaskan tujuan serta konsekuensi dari penggunaan atau                 explanation regarding the purpose and consequences of any data usage
penyampaian data tersebut.                                                       or disclosure.

Selain itu, Bank Raya memiliki kebijakan internal mengenai perlindungan          Furthermore, Bank Raya has an internal policy governing customer data
data nasabah sebagaimana diatur Surat Edaran No.SE: B.56/Dir.03.04/              protection as stipulated in Circular Letter No. SE: B.56/Dir.03.04/PCP/
PCP/DOP/09/2025 tentang Pedoman Pelaksanaan Pelindungan Konsumen,                DOP/09/2025 concerning Guidelines for the Implementation of Consumer
Literasi dan Inklusi Keuangan dan No: SE. B.48/Dir.03.04/PCP/ERM/09/2025         Protection, Financial Literacy and Inclusion and No: SE. B.48/Dir.03.04/PCP/
tentang Pedoman Pelaksanaan Perlindungan Data Pribadi. Kebijakan ini             ERM/09/2025 concerning Guidelines for the Implementation of Personal
menegaskan kewajiban seluruh karyawan untuk menjaga kerahasiaan                  Data Protection. This policy emphasises that all employees are obliged to
data nasabah, baik individu maupun korporasi, termasuk namun tidak               maintain the confidentiality of customer data, both individual and corporate,
terbatas pada:                                                                   including but not limited to:
1. Individu: Nama, alamat, tanggal lahir, nomor telepon, nama ibu                1. Individuals: Name, address, date of birth, phone number, mother's
     kandung.                                                                         name.
2. Korporasi: Nama, alamat, nomor telepon, susunan direksi dan dewan             2. Corporations: Name, address, telephone number, composition of the
     komisaris (termasuk dokumen identitas seperti KTP, paspor, izin tinggal),        board of directors and board of commissioners (including identity
     serta susunan pemegang saham.                                                    documents such as ID card, passport, residence permit), as well as the
                                                                                      composition of shareholders.


Survei Kepuasan Nasabah
Customer Satisfaction Survey [OJK F.30]

Bank Raya menempatkan suara nasabah sebagai salah satu referensi                 Bank Raya places customers’ feedback as a key reference in enhancing
utama dalam pengembangan kualitas layanan. Untuk itu, Perseroan secara           service quality. Accordingly, the Company conducts customer satisfaction
berkala menyelenggarakan survei kepuasan nasabah sebagai sarana                  surveys on a regular basis to obtain an objective overview of customers’
untuk memperoleh gambaran yang objektif mengenai pengalaman                      experiences in using the Bank’s products and services. The results of these
nasabah dalam menggunakan produk dan layanan Bank. Hasil dari survei             surveys serve not only as a measure of service performance, but also as
ini tidak hanya menjadi alat ukur kinerja layanan, tetapi juga menjadi           strategic input in formulating continuous improvement initiatives.
masukan strategis dalam merumuskan langkah-langkah penyempurnaan
yang berkelanjutan.

Melalui pemanfaatan umpan balik nasabah secara sistematis, Bank Raya             By systematically leveraging customer feedback, Bank Raya ensures that
memastikan bahwa setiap inisiatif perbaikan diarahkan untuk meningkatkan         every improvement effort is directed towards enhancing relevance,
relevansi, kenyamanan, dan kualitas layanan secara keseluruhan, sekaligus        convenience, and overall service quality, while at the same time strengthening
memperkuat hubungan jangka panjang dengan nasabah.                               long-term relationships with customers.

Berikut ini merupakan hasil survei kepuasan nasabah selama 3 (tiga) tahun        The following are the results of customer satisfaction surveys for the last 3
terakhir.                                                                        (three) years.


                       Keterangan
                                                                     2025                             2024                                 2023
                        Remarks

 Indeks Kepuasan Pelanggan                                             4,65                             4,50                                 4,42
 Customer Satisfaction Index
 Jumlah Responden                                                   23.968                            42.716                              21.287
 Total Survey Participants




576 PT Bank Raya Indonesia Tbk
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       Management Discussion and Analysis              Good Corporate Governance            Sustainability Report                 Audited Financial Report




Kepatuhan Sosial Ekonomi
Socioeconomic Compliance [GRI 2-27]

Bank Raya menempatkan kepatuhan terhadap peraturan perundang-                Bank Raya places compliance with laws and regulations as one of the core
undangan sebagai salah satu fondasi utama dalam menjalankan kegiatan         foundations in conducting its business in a sustainable manner. Such
usaha secara berkelanjutan. Kepatuhan ini tidak hanya ditujukan untuk        compliance is not merely aimed at fulfilling legal obligations, but also at
memenuhi kewajiban hukum, tetapi juga untuk memastikan bahwa seluruh         ensuring that all of the Company’s operations are carried out in an orderly,
aktivitas operasional Perseroan berjalan secara tertib, transparan, dan      transparent, and accountable manner across social and economic aspects.
bertanggung jawab di seluruh aspek sosial dan ekonomi.

Dalam praktiknya, penerapan kepatuhan sosial dan ekonomi mencakup            In practice, the implementation of social and economic compliance covers
seluruh pemangku kepentingan utama. Terhadap karyawan, Bank Raya             all key stakeholders. With respect to employees, Bank Raya ensures full
memastikan pemenuhan seluruh ketentuan ketenagakerjaan yang berlaku,         compliance with prevailing labour regulations, including those related to
termasuk terkait jam kerja, pengupahan, tunjangan, dan sistem remunerasi.    working hours, wages, benefits, and remuneration systems. In its relationship
Dalam hubungan dengan nasabah, Perseroan berkomitmen untuk                   with customers, the Company is committed to delivering fair and high-
memberikan layanan yang adil dan berkualitas melalui penyediaan              quality services by providing accurate and transparent product information,
informasi produk yang akurat dan transparan, perlindungan data pribadi,      safeguarding personal data, and maintaining a responsive complaint
serta penyediaan mekanisme pengaduan yang responsif. Sementara itu,          handling mechanism. Meanwhile, in relation to the community, Bank Raya
dalam kaitannya dengan masyarakat, Bank Raya memastikan bahwa                ensures that its operations do not infringe upon community rights and are
kegiatan operasional tidak melanggar hak-hak masyarakat dan justru           directed towards delivering positive and constructive contributions.
diarahkan untuk memberikan kontribusi yang positif dan membangun.

Di sisi regulasi, Bank Raya secara konsisten mematuhi seluruh ketentuan      From a regulatory perspective, Bank Raya consistently complies with all
yang ditetapkan oleh pemerintah dan otoritas terkait. Sepanjang tahun        regulations issued by the Government and relevant authorities. Throughout
2025, Perseroan tidak mencatat adanya insiden pelanggaran yang berkaitan     2025, the Company recorded no incidents of non-compliance related to
dengan aspek sosial maupun ekonomi. Dengan demikian, Bank Raya tidak         social or economic aspects. Accordingly, Bank Raya was not subject to any
dikenakan denda, sanksi administratif, sanksi non-moneter, maupun tuntutan   fines, administrative or non-monetary sanctions, nor legal proceedings
hukum yang berkaitan dengan ketidakpatuhan di bidang sosial dan              arising from any breach of social and economic compliance.
ekonomi.




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            Ikhtisar Kinerja                                                                        Laporan Manajemen                                                                    Profil Perusahaan                                                            Tinjauan Pendukung Bisnis
            Performance Highlights                                                                  Management Report                                                                    Company Profile                                                              Overview of Business Support Units




Lembar Umpan Balik
Feedback Form [OJK G.2]

Terima kasih kepada Bapak/Ibu/Saudara yang telah berkenan membaca                                                                                                           Thank you to you who have set aside some time to read Bank Raya Indonesia
Laporan Keberlanjutan Bank Raya Indonesia 2025. Guna meningkatkan isi                                                                                                       Indonesia 2025 Sustainability Report. To improve the contents of the
Laporan Keberlanjutan pada tahun-tahun mendatang, kami berharap                                                                                                             Sustainability Report in the coming years, we hope that you are willing to
Bapak/Ibu/Saudara bersedia untuk mengisi Lembar Umpan Balik ini dengan                                                                                                      fill out this Feedback Form by circling one of the answers and filling in the
melingkari salah satu jawaban dan mengisi titik-titik yang tersedia, kemudian                                                                                               blanks, then send them to us.
mengirimkannya kepada kami.

1.   Laporan Keberlanjutan ini sudah memberikan informasi yang jelas
     mengenai kinerja ekonomi, sosial dan lingkungan Bank:
     This Sustainability Report has provided clear information about the
     economic, social and environmental performance of The Bank:


     □            Setuju/Agree                                                  □             Tidak Setuju/Disagree                                                                □ Tidak Tahu/Do not know
2.   Laporan Keberlanjutan ini sudah memberikan informasi yang jelas mengenai pemenuhan tanggung jawab sosial dan lingkungan Bank:
     This Sustainability Report has provided clear information about fulfilling social and environmental responsibilities of The Bank:

     □            Setuju/Agree                                                  □             Tidak Setuju/Disagree                                                                □ Tidak Tahu/Do not know
3.   Materi dan data dalam Laporan Keberlanjutan ini mudah dimengerti dan dipahami:
     The material and data in this Sustainability Report are easy to understand and comprehend:

     □            Setuju/Agree                                                  □             Tidak Setuju/Disagree                                                                □ Tidak Tahu/Do not know
4.   Materi dan data dalam Laporan Keberlanjutan ini sudah cukup lengkap:
     The material and data in this Sustainability Report are complete enough:

     □            Setuju/Agree                                                  □             Tidak Setuju/Disagree                                                                □ Tidak Tahu/Do not know
5.   Apakah desain, tata letak, grafis dan foto-foto dalam Laporan Keberlanjutan ini sudah bagus?
     Are the designs, layout, graphics and photographs in this Sustainability Report good?

     □            Setuju/Agree                                                  □             Tidak Setuju/Disagree                                                                □ Tidak Tahu/Do not know
6.   Informasi apa yang paling bermanfaat dari Laporan Keberlanjutan ini?
     What information is most useful from this Sustainability Report?

     ............................................................................................................................................................................................................................................................................................................................................

7.   Informasi apa yang paling bermanfaat dari Laporan Keberlanjutan ini?
     What information is most useful from this Sustainability Report?

     ............................................................................................................................................................................................................................................................................................................................................

8.   Informasi apa yang dinilai masih kurang dari Laporan Keberlanjutan ini dan perlu ditambahkan pada Laporan Keberlanjutan mendatang?
     What information is still considered lacking from this Sustainability Report and needs to be added to the upcoming Sustainability Report?

     ............................................................................................................................................................................................................................................................................................................................................




578 PT Bank Raya Indonesia Tbk
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        Analisis dan Pembahasan Manajemen        Tata Kelola Perusahaan                             Laporan Keberlanjutan                                                      Laporan Keuangan Audit
        Management Discussion and Analysis       Good Corporate Governance                          Sustainability Report                                                      Audited Financial Report




 Identitas Pengirim
 Sender Identity

Nama             :
Name

Surel            :
Email


 Identifikasi menurut kategori pemangku kepentingan:
 Identification by stakeholder company:
a.   Nasabah dan Klien                                                 e.    Media
     Customers & Client                                                      Media

b.   Investor                                                          f.    Karyawan
     Investor                                                                Employee

c.   Regulator (OJK/BI)                                                g.    Lain-lain, mohon disebutkan
     Regulator (FSA/BI)                                                      Others, please mention

d.   Komunitas Masyarakat                                                    ........................................................................................................................
     Community                                                               ........................................................................................................................




Mohon formulir ini dikirimkan kembali ke:                              Please return this form to:

Kantor Pusat                                                           Head Office

PT Bank Raya Indonesia Tbk                                             PT Bank Raya Indonesia Tbk
Gedung BRILiaN                                                         Gedung BRILiaN
Jl. Gatot Subroto No. 177A                                             Jl. Gatot Subroto No. 177A
RT 009/01/Menteng Dalam, Tebet, Jakarta Selatan 12870                  RT 009/01/Menteng Dalam, Tebet, Jakarta Selatan 12870
Situs web      : www.bankraya.co.id                                    Website       : www.bankraya.co.id
Surel          : humas@bankraya.co.id                                  Email         : humas@bankraya.co.id
Telp           : 1500 494                                              Telp          : 1500 494




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       Ikhtisar Kinerja                               Laporan Manajemen                            Profil Perusahaan                        Tinjauan Pendukung Bisnis
       Performance Highlights                         Management Report                            Company Profile                          Overview of Business Support Units




Tanggapan Terhadap Umpan Balik Laporan Keberlanjutan
Tahun Sebelumnya
Responses to The Feedback of Previous Year Report [OJK G.3]
Selama tahun 2025, Bank tidak menerima tanggapan spesifik terkait                           During 2025, The Bank has not received any specific responses regarding
Laporan Keberlanjutan Tahun 2024 untuk perbaikan laporan tahun                              the 2024 Sustainability Report for the improvement of the next year report.
berikutnya. Namun demikian, Bank telah berupaya melakukan berbagai                          However, The Bank has endeavored to make various enhancements and
penyempurnaan dan perbaikan agar laporan ini memenuhi ketentuan                             improvements for this report in accordance to complies with the provisions
POJK No.51/POJK.03/2017 dan No.16/SEOJK.04/2021 yang menjadi                                of POJK No.51/POJK.03/2017 and No.16/SEOJK.04/2021 which are the
rujukan penulisan laporan ini. Kami berharap laporan ini dapat menjadi                      references in writing this report. We hope this report can be a useful source
sumber informasi yang berguna bagi para pemangku kepentingan.                               of information for stakeholders




Daftar Pengungkapan Sesuai POJK Nomor 51/POJK.03/2017
List of Disclosures in Accordance with POJK Number 51/POJK.03/2017 [OJK G.4]

                                                                      Nama Indeks                                                                              Halaman
 No.
                                                                      Name of Index                                                                             Page

       Strategi Keberlanjutan
 A.
       Sustainability Strategies

       A.1.       Penjelasan Strategi Keberlanjutan                                                                                                            523
                  Explanation of Sustainability Strategies

       Ikhtisar Kinerja Aspek Keberlanjutan
 B.
       Highlights of Sustainability Performance

       B.1.       Aspek Ekonomi                                                                                                                                 40
                  Economy Aspects
       B.2.       Aspek Lingkungan Hidup                                                                                                                        40
                  Environmental aspects
       B.3.       Aspek Sosial                                                                                                                                  40
                  Social Aspects

       Profil Perusahaan
 C.
       Company Profile

       C.1.       Visi, Misi, dan Nilai Keberlanjutan                                                                                                           91
                  Vision, Mission and Sustainability Values
       C.2.       Alamat Perusahaan                                                                                                                             84
                  Company Address
       C.3.       Skala Usaha                                                                                                                            84, 103, 136, 138
                  Company Scale
       C.4.       Produk, Layanan, dan Kegiatan Usaha yang Dijalankan                                                                                        93-102
                  Products, Services and Business Activities
       C.5.       Keanggotaan pada Asosiasi                                                                                                                    105
                  Membership in Association
       C.6.       Perubahan Emiten dan Perusahaan Publik yang Bersifat Signifikan Significant Organizational Change                                             88

       Penjelasan Direksi
 D.
       Explanation of the Board of Directors

       D.1.       Penjelasan Direksi                                                                                                                           512
                  Explanation of the Board of Directors

       Tata Kelola Keberlanjutan
 E.
       Sustainability Governance

       E.1.       Penanggung Jawab Penerapan Keuangan Berkelanjutan                                                                                            535
                  Responsible for the Implementation of Sustainable Finance
       E.2.       Pengembangan Kompetensi Terkait Keuangan Berkelanjutan Competency Development Related to Sustainable Finance                                 539
       E.3.       Penilaian Risiko Atas Penerapan Keuangan Berkelanjutan Risk Assessment for the Implementation of Sustainable Finance                         539
       E.4.       Hubungan Dengan Pemangku Kepentingan                                                                                                         541
                  Relations with Stakeholders
       E.5.       Permasalahan Terhadap Penerapan Keuangan Berkelanjutan                                                                                       543
                  Issues to the Implementation of Sustainable Finance

       Kinerja Keberlanjutan
 F.
       Sustainability Performance

       F.1.       Kegiatan Membangun Budaya Keberlanjutan                                                                                                      527
                  Activity to Build Sustainability Culture

 Kinerja Ekonomi
 Economic Performance

       F.2.       Perbandingan Target dan Kinerja Produksi, Portofolio, Target Pembiayaan, atau Investasi, Pendapatan dan Laba Rugi                            545
                  Comparison of Production Targets and Performance, Portfolios, Financing Target, or Investment, Income and Profit Loss
       F.3.       Perbandingan Target dan Kinerja Portofolio, Target Pembiayaan, atau Investasi pada Instrumen Keuangan atau Proyek yang                       546
                  Sejalan dengan Keuangan Berkelanjutan
                  Comparison of Performance Target and Portfolio, Financing Target, or Investing in Financial Instruments or Projects that are in Line
                  with the Implementation of Sustainable Finance


580 PT Bank Raya Indonesia Tbk
Page 581
      Analisis dan Pembahasan Manajemen                     Tata Kelola Perusahaan                       Laporan Keberlanjutan                  Laporan Keuangan Audit
      Management Discussion and Analysis                    Good Corporate Governance                    Sustainability Report                  Audited Financial Report




                                                                    Nama Indeks                                                                         Halaman
No.
                                                                    Name of Index                                                                        Page

Kinerja Lingkungan Hidup
Environmental Performance

Aspek Umum
General Aspects

       F.4.       Biaya Lingkungan Hidup                                                                                                                 546
                  Environmental Costs

Aspek Material
Material Aspect

       F.5.       Penggunaan Material yang Ramah Lingkungan                                                                                              555
                  Use of Environmentally Friendly Materials

Aspek Energi
Energy Aspect

       F.6.       Jumlah dan Intensitas Energi yang Digunakan                                                                                            555
                  Quantity and Intensity of Energy Used
       F.7.       Upaya dan Pencapaian Efisiensi Energi dan Penggunaan Energi Terbarukan                                                                 555
                  Energy Efficiency Efforts and Achievements and Renewable Energy Usage

Aspek Air
Water Aspect

       F.8.       Penggunaan Air                                                                                                                         558
                  Water Usage

Aspek Keanekaragaman Hayati
Biodiversity Aspect

       F.9.       Dampak dari Wilayah Operasional yang Dekat atau Berada di Daerah Konservasi atau Memiliki Keanekaragaman Hayati                        560
                  Impact of Operational Areas that Are Near or Located in Conservation Areas or Areas with Rich Biodiversity
       F.10.      Usaha Konservasi Keanekaragaman Hayati                                                                                                 560
                  Biodiversity Conservation Effort

Aspek Emisi
Emission Aspect

       F.11.      Jumlah dan Intensitas Emisi yang Dihasilkan Berdasarkan Jenisnya Quantity and Intensity of Emissions Based on Type                     557
       F.12.      Upaya dan Pencapaian Pengurangan Emisi yang Dilakukan                                                                                  557
                  Efforts and Achievements of Emission Reduction

Aspek Limbah dan Efluen
Waste and Effluent Aspect

       F.13.      Jumlah Limbah dan Efluen yang Dihasilkan Berdasarkan Jenis                                                                             559
                  Quantity and Intensity of Waste and Effluent Based on Type
       F.14.      Mekanisme Pengelolaan Limbah dan Efluen                                                                                                559
                  Waste and Effluent Management Mechanism
       F.15.      Mekanisme Pengelolaan Limbah dan Efluen                                                                                                559
                  Waste and Effluent Management Mechanism

Aspek Pengaduan Terkait Lingkungan Hidup
Environmental-Related Complaint Aspect

       F.16.      Jumlah dan Materi Pengaduan Lingkungan Hidup yang Diterima dan Diselesaikan                                                            560
                  Total and Material of Environmental Complaints Received and Resolved

Kinerja Sosial
Social Performance

       F.17.      Komitmen untuk Memberikan Layanan atas Produk dan/atau Jasa yang Setara kepada Konsumen                                                570
                  Financial Services Institutions, Issuer, or Public Company Commitment to Providing Equal Products and Services to Consumers

Aspek Ketenagakerjaan
Employment Aspect

       F.18.      Kesetaraan Kesempatan Bekerja                                                                                                          562
                  Equal Opportunity to Work
       F.19.      Tenaga Kerja Anak dan Tenaga Kerja Paksa                                                                                               564
                  Child Labor and Forced Labor
       F.20.      Upah Minimum Regional                                                                                                                  561
                  Regional Minimum Wage
       F.21.      Lingkungan Bekerja yang Layak dan Aman                                                                                                 564
                  Favorable and Safe Work Environment
       F.22.      Pelatihan dan Pengembangan Kemampuan Pegawai                                                                                           565
                  Employee Training and Capacity Building




                                                                                                 Laporan Tahunan & Laporan Keberlanjutan
                                                                                                             Annual Report & Sustainability Report   2025 581
Page 582
       Ikhtisar Kinerja                               Laporan Manajemen                      Profil Perusahaan   Tinjauan Pendukung Bisnis
       Performance Highlights                         Management Report                      Company Profile     Overview of Business Support Units




                                                                      Nama Indeks                                                  Halaman
 No.
                                                                      Name of Index                                                 Page

Aspek Masyarakat
Community Aspect

       F.23.       Dampak Operasi Terhadap Masyarakat Sekitar                                                                      567
                   Impact of Operations on Surrounding Community
       F.24.       Pengaduan Masyarakat                                                                                            572
                   Public Complaints
       F.25.       Kegiatan Tanggung Jawab Sosial Lingkungan (TJSL)                                                                569
                   Environmental Social Responsibility (TJSL) Activities

Kegiatan Tanggung Jawab Sosial Lingkungan (TJSL)
Environmental Social Responsibility (TJSL) Activities

       F.26.       Kegiatan Tanggung Jawab Sosial Lingkungan (TJSL)                                                              100, 570
                   Environmental Social Responsibility (TJSL) Activities
       F.27.       Produk/Jasa yang Sudah Dievaluasi Keamanannya bagi Pelanggan                                                    571
                   Products/Services that Have been Evaluated for Costumer Safety
       F.28.       Dampak Produk/Jasa                                                                                              572
                   Product/Service Impact
       F.29.       Jumlah Produk yang Ditarik Kembali                                                                              572
                   Total of Recalled Products
       F.30.       Survei Kepuasan Pelanggan Terhadap Produk dan/atau Jasa Keuangan Berkelanjutan                                  574
                   Survey of Customer Satisfaction with Sustainable Financial Services and/or Products

       Lain-lain
G.
       Others

       G.1.        Verifikasi Tertulis dari Pihak Independen (jika ada)                                                            517
                   Written verification from an independent party, if any
       G.2.        Lembar Umpan Balik                                                                                              576
                   Feedback Form
       G.3.        Tanggapan Terhadap Umpan Balik Laporan Keberlanjutan Tahun Sebelumnya                                           578
                   Responses to the Feedback of Previous Year Report
       G.4.        Daftar Pengungkapan POJK Nomor 51/POJK.03/2017                                                                  578
                   List of Disclosures in Accordance with POJK Number 51/POJK.03/2017




582 PT Bank Raya Indonesia Tbk
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     Analisis dan Pembahasan Manajemen               Tata Kelola Perusahaan                           Laporan Keberlanjutan                  Laporan Keuangan Audit
     Management Discussion and Analysis              Good Corporate Governance                        Sustainability Report                  Audited Financial Report




Index GRI SR 2025
GRI SR Index 2025

           Standar GRI              Nomor                                                   Pengungkapan                                                 Halaman
           GRI Standard             Number                                                    Disclosure                                              Page Reference

Pengungkapan Umum
General Disclosures

GRI 2: Pengungkapan Umum 2021     Organisasi dan Praktik Pelaporan
GRI 2: General Disclosures 2021   The Organization and Its Reporting Practices
                                  2-1             Detail organisasi                                                                                        516
                                                  Organizational details
                                  2-2             Entitas yang termasuk dalam laporan keberlanjutan                                                        516
                                                  Entities included in the organization’s sustainability reporting
                                  2-3             Periode pelaporan, frekuensi dan poin kontak                                                             517
                                                  Reporting period, frequency and contact point
                                  2-4             Pernyataan kembali                                                                                       517
                                                  Restatements of information
                                  2-5             Penjaminan eksternal                                                                                     517
                                                  External assurance
                                  Aktivitas dan Pekerja
                                  Activities and Workers
                                  2-6             Aktivitas, rantai nilai dan hubungan bisnis lainnya                                                     93-102
                                                  Activities, value chain and other business relationships
                                  2-7             Karyawan                                                                                                 136
                                                  Employees
                                  2-8             Pekerja yang bukan karyawan                                                                              136
                                                  Workers who are not employees
GRI 2: Pengungkapan Umum 2021     Tata Kelola
GRI 2: General Disclosures 2021   Governance
                                  2-9             Struktur dan komposisi tata kelola                                                                       285
                                                  Governance structure and composition
                                  2-10            Nominasi dan seleksi dewan tata kelola tertinggi                                                         338
                                                  Nomination and selection of the highest governance body
                                  2-11            Pimpinan dari dewan tata kelola tertinggi                                                              307, 322
                                                  Chair of the highest governance body
                                  2-12            Peran dewan tata kelola tertinggi dalam mengawasi dampak manajemen                                     535, 536
                                                  Role of the highest governance body in overseeing the management of impacts
                                  2-13            Delegasi tanggung jawab untuk mengelola dampak                                                         535, 536
                                                  Delegation of responsibility for managing impacts
                                  2-14            Peran badan tata kelola tertinggi dalam pelaporan keberlanjutan                                      517, 535, 537
                                                  Role of the highest governance body in sustainability reporting
                                  2-15            Konflik kepentingan                                                                                    238, 537
                                                  Conflict of interest
                                  2-16            Mengomunikasikan hal-hal kritis                                                                          537
                                                  Communication of critical concerns
                                  2-17            Pengetahuan kolektif badan tata kelola tertinggi                                                         539
                                                  Collective knowledge of the highest governance body
                                  2-18            Mengevaluasi kinerja badan tata kelola tertinggi                                                       349, 537
                                                  Evaluation of the performance of the highest governance body
                                  2-19            Kebijakan remunerasi                                                                                   352, 538
                                                  Remuneration policies
                                  2-20            Proses untuk menetapkan remunerasi                                                                     353, 538
                                                  Process to determine remuneration
                                  2-21            Rasio kompensasi total tahunan                                                                         353, 538
                                                  Annual total compensation ratio
                                  Strategi, Kebijakan, dan Praktik
                                  Strategy, Policies, and Practices
                                  2-22            Pernyataan tentang strategi pengembangan keberlanjutan                                                   523
                                                  Statement on sustainable development strategy
                                  2-23            Komitmen kebijakan                                                                                     524, 526
                                                  Policy commitments
                                  2-24            Komitmen kebijakan yang termasuk                                                                         524
                                                  Embedding policy commitments
                                  2-25            Proses untuk mengelola dampak negatif                                                                    539
                                                  Processes to remediate negative impacts
                                  2-26            Mekanisme untuk saran dan masalah etika                                                                  446
                                                  Mechanisms for seeking advice and raising concerns
                                  2-27            Kepatuhan pada peraturan dan perundangan                                                               466, 575
                                                  Compliance with laws and regulations




                                                                                             Laporan Tahunan & Laporan Keberlanjutan
                                                                                                           Annual Report & Sustainability Report   2025 583
Page 584
       Ikhtisar Kinerja                        Laporan Manajemen                              Profil Perusahaan              Tinjauan Pendukung Bisnis
       Performance Highlights                  Management Report                              Company Profile                Overview of Business Support Units




            Standar GRI                Nomor                                                  Pengungkapan                                        Halaman
            GRI Standard               Number                                                   Disclosure                                     Page Reference

                                     2-28              Keanggotaan asosiasi                                                                          105
                                                       Membership associations
                                     Keterlibatan Pemangku Kepentingan
                                     Stakeholder Engagement
                                     2-29              Pendekatan terhadap keterlibatan pemangku kepentingan                                         541
                                                       Approach to stakeholder engagement
                                     2-30              Perjanjian perundingan kolektif                                                               566
                                                       Collective bargaining agreements
GRI 3: Topik Material 2021           Topik Material
GRI 3: Material Topics 2021          Material Topics
                                     3-1               Proses penetapan topik material                                                               518
                                                       Process to determine material topics
                                     3-2               Daftar topik material                                                                         518
                                                       List of material topics
                                     3-3               Pengelolaan topik material                                                                    519
                                                       Management of material topics

Pengungkapan Topik Spesifik
Specific Topic Disclosure

GRI 3: Topik Material 2021           Perubahan Iklim
GRI 3: Material Topics 2021          Climate Change
                                     3-3               Pengelolaan topik material                                                                    548
                                                       Management of material topics
                                     102-1             Rencana transisi untuk mitigasi perubahan iklim                                               548
                                                       Transition plan for climate change mitigation
GRI 101: Perubahan Iklim 2025        102-2             Rencana adaptasi perubahan iklim                                                              549
GRI 102: Climate Change 2025                           Climate change adaptation plan
                                     102-3             Transisi yang adil                                                                            549
                                                       Just transition
                                     102-5             Emisi GRK Cakupan 1                                                                         557-558
                                                       Scope 1 GHG emissions
                                     102-6             Emisi GRK Cakupan 2                                                                         557-558
                                                       Scope 2 GHG emissions
                                     102-7             Emisi GRK Cakupan 3                                                                         557-558
                                                       Scope 3 GHG emissions
                                     102-8             Intensitas emisi GRK                                                                        557-558
                                                       GHG emissions intensity
GRI 3: Topik Material 2021           Energi
GRI 3: Material Topics 2021          Energy
                                     3-3               Pengelolaan topik material                                                                    556
                                                       Management of material topics
                                     103-1             Kebijakan dan komitmen energi                                                                 556
                                                       Energy policies and commitments
GRI 103: Energi 2025                 103-2             Konsumsi energi dan pembangkitan mandiri dalam organisasi                                     556
GRI 103: Energy 2025                                   Energy consumption and self-generation within the organization
                                     103-3             Konsumsi energi hulu dan hilir                                                                556
                                                       Upstream and downstream energy consumption
                                     103-4             Intensitas energi                                                                             556
                                                       Energy intensity
                                     103-5             Pengurangan konsumsi energi                                                                   556
                                                       Reduction in energy consumption
GRI 3: Topik Material 2021           Kinerja Ekonomi
GRI 3: Material Topics 2021          Economic Performance
                                     3-3               Pengelolaan topik material                                                                    546
                                                       Management of material topics
GRI 201: Kinerja Ekonomi 2016        201-1             Nilai ekonomi langsung yang dihasilkan dan didistribusikan                                  546-547
GRI 201: Economic Performance 2016                     Direct economic value generated and distributed
                                     201-3             Kewajiban program pensiun manfaat pasti dan program pensiun lainnya                           550
                                                       Defined benefit plan obligations and other retirement plans
                                     201-4             Bantuan finansial yang diterima dari pemerintah                                               550
                                                       Financial assistance received from government
GRI 3: Topik Material 2021           Dampak Ekonomi Tidak Langsung
GRI 3: Material Topics 2021          Indirect Economic Impacts
                                     3-3               Pengelolaan topik material                                                                    550
                                                       Management of material topics




584 PT Bank Raya Indonesia Tbk
Page 585
      Analisis dan Pembahasan Manajemen                        Tata Kelola Perusahaan                          Laporan Keberlanjutan                 Laporan Keuangan Audit
      Management Discussion and Analysis                       Good Corporate Governance                       Sustainability Report                 Audited Financial Report




            Standar GRI                     Nomor                                                    Pengungkapan                                                Halaman
            GRI Standard                    Number                                                     Disclosure                                             Page Reference

GRI 203: Dampak Ekonomi Tidak             203-1             Investasi infrastruktur dan dukungan layanan                                                         550-551
Langsung 2016                                               Infrastructure investments and services supported
GRI 203: Indirect Economic Impacts 2016
                                          203-2             Dampak ekonomi tidak langsung yang signifikan                                                          550
                                                            Significant indirect economic impacts
GRI 3: Topik Material 2021                Praktik Pengadaan
GRI 3: Material Topics 2021               Procurement Practice
                                          3-3               Pengelolaan topik material                                                                           105, 550
                                                            Management of material topics
GRI 204: Praktik Pengadaan 2016           204-1             Proporsi pengeluaran untuk pemasok lokal                                                             105, 550
GRI 204: Procurement Practices 2016                         Proportion of spending on local suppliers
GRI 3: Topik Material 2021                Anti Korupsi
GRI 3: Material Topics 2021               Anti-Corruption
                                          3-3               Pengelolaan topik material                                                                             551
                                                            Management of material topics
GRI 205: Anti Korupsi 2016                205-1             Operasi-operasi yang dinilai memiliki risiko terkait korupsi                                           551
GRI 205: Anti-Corruption 2016                               Operations assessed for risks related to corruption
                                          205-2             Komunikasi dan pelatihan tentang kebijakan dan prosedur antikorupsi                                    551
                                                            Communication and training about anti-corruption policies and procedures
                                          205-3             Insiden korupsi yang terbukti dan tindakan yang diambil                                                552
                                                            Confirmed incidents of corruption and actions taken
GRI 3: Topik Material 2021                Pajak
GRI 3: Material Topics 2021               Tax
                                          3-3               Pengelolaan topik material                                                                             552
                                                            Management of material topics
GRI 207: Pajak 2019                       207-1             Pendekatan terhadap pajak                                                                              552
GRI 207: Tax 2019                                           Approach to tax
                                          207-2             Tata kelola, pengontrolan, dan manajemen risiko pajak                                                  552
                                                            Tax governance, control, and risk management
                                          207-3             Keterlibatan pemangku kepentingan dan pengelolaan kepedulian yang berkaitan dengan pajak               552
                                                            Stakeholder engagement and management of concerns related to tax
                                          207-4             Laporan per negara                                                                                     552
                                                            Country-by-country reporting
GRI 3: Topik Material 2021                Air dan Efluen
GRI 3: Material Topics 2021               Water and Effluents
                                          3-3               Pengelolaan topik material                                                                             558
                                                            Management of material topics
GRI 303: Air dan Efluen 2018              303-1             Interaksi dengan air sebagai sumber daya bersama                                                       558
GRI 303: Water and Effluents 2018                           Interactions with water as a shared resource
                                          303-2             Manajemen dampak yang berkaitan dengan pembuangan air                                                  558
                                                            Management of water discharge-related impacts
                                          303-3             Pengambilan air                                                                                        558
                                                            Water withdrawal
GRI 3: Topik Material 2021                Limbah
GRI 3: Material Topics 2021               Waste
                                          3-3               Pengelolaan topik material                                                                             559
                                                            Management of material topics
GRI 306: Limbah 2020                      306-1             Timbulan limbah dan dampak signifikan terkait limbah                                                   559
GRI 306: Waste 2020                                         Waste generation and significant waste-related impacts
                                          306-2             Manajemen dampak signifikan terkait limbah                                                             559
                                                            Management of significant waste-related impacts
                                          306-3             Timbulan limbah                                                                                        559
                                                            Waste generation
GRI 3: Topik Material 2021                Kepegawaian
GRI 3: Material Topics 2021               Employment
                                          3-3               Pengelolaan topik material                                                                             561
                                                            Management of material topics
GRI 401: Kepegawaian 2016                 401-1             Perekrutan karyawan baru dan pergantian karyawan                                                       562
GRI 401: Employment 2016                                    New employee hires and employee turnover
GRI 3: Topik Material 2021                Kesehatan dan Keselamatan Kerja
GRI 3: Material Topics 2021               Occupational Health and Safety
                                          3-3               Pengelolaan topik material                                                                             561
                                                            Management of material topics
GRI 403: Kesehatan dan Keselamatan        403-1             Sistem manajemen kesehatan dan keselamatan kerja                                                       564
Kerja 2018                                                  Occupational health and safety management system
GRI 403: Occupational Health and Safety
2018




                                                                                                      Laporan Tahunan & Laporan Keberlanjutan
                                                                                                                   Annual Report & Sustainability Report   2025 585
Page 586
       Ikhtisar Kinerja                             Laporan Manajemen                         Profil Perusahaan                    Tinjauan Pendukung Bisnis
       Performance Highlights                       Management Report                         Company Profile                      Overview of Business Support Units




             Standar GRI                     Nomor                                             Pengungkapan                                               Halaman
             GRI Standard                    Number                                              Disclosure                                            Page Reference

GRI 3: Topik Material 2021                 Pelatihan dan Pendidikan
GRI 3: Material Topics 2021                Training and Education
                                           3-3           Pengelolaan topik material                                                                         561
                                                         Management of material topics
GRI 404: Pelatihan dan Pendidikan 2016     404-1         Rata-rata jam pelatihan per tahun per karyawan                                                     565
GRI 404: Training and Education 2016                     Average training hours per year per employee
                                           404-2         Program untuk meningkatkan keterampilan karyawan dan program bantuan peralihan                     565
                                                         Programs to enhance the employee skills and programs transition assistance
GRI 3: Topik Material 2021                 Keanekaragaman dan Peluang Setara
GRI 3: Material Topics 2021                Diversity and Equal Opportunity
                                           3-3           Pengelolaan topik material                                                                         561
                                                         Management of material topics
GRI 405: Keanekaragaman dan Peluang        405-1         Keanekaragaman badan tata kelola dan karyawan                                                      562
Setara 2016                                              Diversity of governance bodies and employees
GRI 405: Diversity and Equal Opportunity
2016
GRI 3: Topik Material 2021                 Nondiskriminasi
GRI 3: Material Topics 2021                Non-discrimination
                                           3-3           Pengelolaan topik material                                                                         561
                                                         Management of material topics
GRI 406: Nondiskriminasi 2016              406-1         Insiden diskriminasi dan tindakan perbaikan yang dilakukan                                         562
GRI 406: Non-discrimination 2016                         Incidents of discrimination and corrective actions taken
GRI 3: Topik Material 2021                 Masyarakat Setempat
GRI 3: Material Topics 2021                Local Communities
                                           3-3           Pengelolaan topik material                                                                         550
                                                         Management of material topics
GRI 413: Masyarakat Setempat 2016          413-1         Operasi dengan keterlibatan masyarakat setempat, penilaian dampak, dan program pengembangan        551
GRI 413: Local Communities 2016                          Operations with local community engagement, impact assessments, and development programs




586 PT Bank Raya Indonesia Tbk
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Analisis dan Pembahasan Manajemen    Tata Kelola Perusahaan                      Laporan Keberlanjutan                Laporan Keuangan Audit
Management Discussion and Analysis   Good Corporate Governance                   Sustainability Report                Audited Financial Report




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                                                                      Laporan Tahunan & Laporan Keberlanjutan
                                                                                    Annual Report & Sustainability Report   2025 587
Page 588
      Ikhtisar Kinerja           Laporan Manajemen   Profil Perusahaan       Tinjauan Pendukung Bisnis
      Performance Highlights     Management Report   Company Profile         Overview of Business Support Units




                                                             LAPORAN
                                                            KEUANGAN
                                                                         Financial Report
588 PT Bank Raya Indonesia Tbk
Page 589
Analisis dan Pembahasan Manajemen    Tata Kelola Perusahaan            Laporan Keberlanjutan                Laporan Keuangan Audit
Management Discussion and Analysis   Good Corporate Governance         Sustainability Report                Audited Financial Report




                                                                 Laporan Tahunan & Laporan Keberlanjutan
                                                                          Annual Report & Sustainability Report   2025 589
Page 590
group
Page 591
PT Bank Raya Indonesia Tbk

Laporan keuangan tanggal 31 Desember 2025
dan untuk tahun yang berakhir pada tanggal tersebut
beserta laporan auditor independen/
Financial statements as of December 31, 2025 and
for the year then ended with independent auditor’s report
Page 592
                                                                                           The original financial statements included herein are in the
                                                                                                                                  Indonesian language.


           PT BANK RAYA INDONESIA Tbk                                                            PT BANK RAYA INDONESIA Tbk
               LAPORAN KEUANGAN                                                                      FINANCIAL STATEMENTS
           TANGGAL 31 DESEMBER 2025                                                                 AS OF DECEMBER 31, 2025
        DAN UNTUK TAHUN YANG BERAKHIR                                                           AND FOR THE YEAR THEN ENDED
            PADA TANGGAL TERSEBUT                                                            WITH INDEPENDENT AUDITOR’S REPORT
      BESERTA LAPORAN AUDITOR INDEPENDEN




                              Daftar Isi                                        Halaman/                          Table of Contents
                                                                                 Pages

Surat Pernyataan Direksi                                                                                                          Statement of Directors

Laporan Auditor Independen                                                                                               Independent Auditor’s Report

Laporan Posisi Keuangan ................................................         1-3   ....................................... Statement of Financial Position

Laporan Laba Rugi dan Penghasilan                                                                                    Statement of Profit or Loss and Other
    Komprehensif Lain ....................................................       4-5   ........................................... Comprehensive Income

Laporan Perubahan Ekuitas ............................................            6    ...................................... Statement of Changes in Equity

Laporan Arus Kas ............................................................    7-8   ................................................ Statement of Cash Flows

Catatan Atas Laporan Keuangan ..................................... 9 - 195 ...................................Notes to the Financial Statements


                                                                ***************************
Page 593

          
Page 594
                                                                                                 The original report included herein is in
                                                                                                                the Indonesian language.



Laporan Auditor Independen                                                   Independent Auditor’s Report

Laporan No.                   00209/2.1505/AU.1/07/1865-                     Report    No.       00209/2.1505/AU.1/07/1865-
2/1/III/2026                                                                 2/1/III/2026


Pemegang Saham, Dewan                                 Komisaris,   dan       The   Shareholders    and   the             Boards        of
Direksi                                                                      Commissioners and Directors
PT Bank Raya Indonesia Tbk                                                   PT Bank Raya Indonesia Tbk


Opini                                                                        Opinion

Kami telah mengaudit laporan keuangan PT Bank                                We have audited the accompanying financial
Raya Indonesia Tbk (“Bank”) terlampir, yang                                  statements of PT Bank Raya Indonesia Tbk (the
terdiri dari laporan posisi keuangan tanggal                                 “Bank”), which comprise the statement of financial
31 Desember 2025, serta laporan laba rugi dan                                position as of December 31, 2025, and the
penghasilan     komprehensif    lain,   laporan                              statement of profit or loss and other
perubahan ekuitas, dan laporan arus kas untuk                                comprehensive income, statement of changes in
tahun yang berakhir pada tanggal tersebut, serta                             equity, and statement of cash flows for the year
catatan atas laporan keuangan, termasuk                                      then ended, and notes to the financial statements,
informasi kebijakan akuntansi material.                                      including material accounting policy information.

Menurut opini kami, laporan keuangan terlampir                               In our opinion, the accompanying financial
menyajikan secara wajar, dalam semua hal yang                                statements present fairly, in all material respects,
material, posisi keuangan Bank tanggal                                       the financial position of the Bank as of December
31 Desember 2025, serta kinerja keuangan dan                                 31, 2025, and its financial performance and cash
arus kasnya untuk tahun yang berakhir pada                                   flows for the year then ended, in accordance with
tanggal tersebut, sesuai dengan Standar                                      Indonesian Financial Accounting Standards.
Akuntansi Keuangan di Indonesia.

Basis opini                                                                  Basis for opinion

Kami melaksanakan audit kami berdasarkan                                     We conducted our audit in accordance with
Standar Audit yang ditetapkan oleh Institut                                  Standards on Auditing established by the
Akuntan Publik Indonesia (“IAPI”). Tanggung                                  Indonesian Institute of Certified Public Accountants
jawab kami menurut standar tersebut diuraikan                                (“IICPA”). Our responsibilities under those
lebih lanjut dalam paragraf Tanggung Jawab                                   standards are further described in the Auditor’s
Auditor terhadap Audit atas Laporan Keuangan                                 Responsibilities for the Audit of the Financial
pada laporan kami. Kami independen terhadap                                  Statements paragraph of our report. We are
Bank berdasarkan ketentuan etika yang relevan                                independent of the Bank in accordance with the
dalam audit kami atas laporan keuangan di                                    ethical requirements relevant to our audit of the
Indonesia, dan kami telah memenuhi tanggung                                  financial statements in Indonesia, and we have
jawab etika lainnya berdasarkan ketentuan                                    fulfilled our other ethical responsibilities in
tersebut. Kami yakin bahwa bukti audit yang telah                            accordance with such requirements. We believe
kami peroleh adalah cukup dan tepat untuk                                    that the audit evidence we have obtained is
menyediakan suatu basis bagi opini kami.                                     sufficient and appropriate to provide a basis for our
                                                                             opinion.


KAP Purwanto Susanti dan Surja
Registered Public Accountants KMK No. 69/MK/SK/2025
                                                                         i
A member firm of Ernst & Young Global Limited
Page 595
                                                                               The original report included herein is in
                                                                                              the Indonesian language.


Laporan Auditor Independen (lanjutan)                      Independent Auditor’s Report (continued)

Laporan No. 00209/2.1505/AU.1/07/1865-                     Report    No.     00209/2.1505/AU.1/07/1865-
2/1/III/2026 (lanjutan)                                    2/1/III/2026 (continued)


Hal audit utama                                            Key audit matters

Hal audit utama adalah hal-hal yang, menurut               Key audit matters are those matters that, in our
pertimbangan profesional kami, merupakan hal               professional judgment, were of most significance in
yang paling signifikan dalam audit kami atas               our audit of the financial statements of the current
laporan keuangan periode kini. Hal audit utama             period. Such key audit matters were addressed in
tersebut disampaikan dalam konteks audit kami              the context of our audit of the financial statements
atas laporan keuangan secara keseluruhan, dan              taken as a whole, and in forming our opinion
dalam merumuskan opini kami atas laporan                   thereon, and we do not provide a separate opinion
keuangan terkait, dan kami tidak menyatakan                on such key audit matters. For the key audit matter
suatu opini terpisah atas hal audit utama tersebut.        below, our description of how our audit addressed
Untuk hal audit utama di bawah ini, penjelasan             such key audit matter is provided in such context.
kami tentang bagaimana audit kami merespons
hal tersebut disampaikan dalam konteks tersebut.

Kami telah memenuhi tanggung jawab yang                    We have fulfilled the responsibilities described in
diuraikan dalam paragraf Tanggung Jawab                    the Auditor’s Responsibilities for the Audit of the
Auditor terhadap Audit atas Laporan Keuangan               Financial Statements paragraph of our report,
pada laporan kami, termasuk sehubungan dengan              including in relation to the key audit matter
hal audit utama yang dikomunikasikan di bawah              communicated below. Accordingly, our audit
ini. Oleh karena itu, audit kami mencakup                  included the performance of procedures designed
pelaksanaan prosedur yang didesain untuk                   to respond to our assessment of the risks of
merespons penilaian kami atas risiko kesalahan             material misstatement of the accompanying
penyajian material dalam laporan keuangan                  financial statements. The results of our audit
terlampir. Hasil prosedur audit kami, termasuk             procedures, including the procedures performed to
prosedur yang dilakukan untuk merespons hal                address the key audit matter below, provide the
audit utama di bawah ini, menyediakan basis bagi           basis for our opinion on the accompanying financial
opini kami atas laporan keuangan terlampir.                statements.

Cadangan kerugian penurunan nilai atas kredit              Allowance for impairment losses on loans
yang diberikan

Penjelasan atas hal audit utama:                           Description of the key audit matter:

Seperti yang dijelaskan dalam Catatan 9 atas               As described in Note 9 to the accompanying
laporan keuangan terlampir, pada tanggal                   financial statements, as of December 31, 2025,
31 Desember 2025, saldo cadangan kerugian                  the balance of allowance for impairment losses on
penurunan nilai atas kredit yang diberikan adalah          loans amounted to Rp1,442,219,440 thousand.
sebesar Rp1.442.219.440 ribu. Lihat informasi              Refer to material accounting policy information for
kebijakan akuntansi material untuk cadangan                allowance for impairment losses on financial assets
kerugian penurunan nilai atas aset keuangan yang           disclosed in Note 2d, use of significant accounting
diungkapkan dalam Catatan 2d, penggunaan                   judgments, estimates, and assumptions in Note
pertimbangan, estimasi, dan asumsi akuntansi               2ab, and the disclosures of allowance for
yang signifikan dalam Catatan 2ab, dan                     impairment losses on loans in Note 9 to the
pengungkapan cadangan kerugian penurunan                   accompanying financial statements.
nilai atas kredit yang diberikan dalam Catatan 9
atas laporan keuangan terlampir.


                                                      ii
A member firm of Ernst & Young Global Limited
Page 596
                                                                                 The original report included herein is in
                                                                                                the Indonesian language.



Laporan Auditor Independen (lanjutan)                        Independent Auditor’s Report (continued)

Laporan No. 00209/2.1505/AU.1/07/1865-                       Report    No.     00209/2.1505/AU.1/07/1865-
2/1/III/2026 (lanjutan)                                      2/1/III/2026 (continued)


Hal audit utama (lanjutan)                                   Key audit matters (continued)

Cadangan kerugian penurunan nilai atas kredit                Allowance for      impairment       losses     on     loans
yang diberikan (lanjutan)                                    (continued)

Penjelasan atas hal audit utama: (lanjutan)                  Description of the key audit matter: (continued)

Kami berfokus pada area ini karena saldo kredit              We focused on this area because the balances of
yang diberikan dan cadangan kerugian penurunan               loans and allowance for impairment losses on loans
nilai atas kredit yang diberikan adalah signifikan           are significant to the accompanying financial
terhadap laporan keuangan terlampir. Selain itu,             statements. In addition, the determination of
penentuan cadangan kerugian penurunan nilai                  allowance for impairment losses requires judgment
memerlukan       pertimbangan     dan    memiliki            and is subject to estimation uncertainty which
ketidakpastian     estimasi    termasuk     dalam            includes determining the model to calculate
penentuan model untuk menghitung cadangan                    allowance for impairment losses, identification of
kerugian penurunan nilai, identifikasi eksposur              credit exposures with significant deterioration in
kredit yang mengalami penurunan kualitas kredit              credit quality, and determining assumptions used
yang signifikan, dan penentuan asumsi yang                   in the allowance for impairment losses calculation
digunakan dalam model perhitungan cadangan                   models (for exposures assessed on an individual or
kerugian penurunan nilai (untuk eksposur yang                collective basis), which incorporates forward-
dinilai secara individu atau kolektif), termasuk             looking macroeconomic factors.
faktor-faktor ekononomi makro berorientasi masa
depan.

Respons audit:                                               Audit response:

Kami melakukan pengujian pengendalian utama                  We tested the key controls over the loan
atas pemberian kredit, penilaian kualitas kredit             origination, regular internal credit quality
internal secara reguler, serta pencatatan dan                assessments, and recording and monitoring of the
pengawasan kredit yang diberikan. Kami                       loans. We obtained understanding and assessed
memeroleh pemahaman dan menilai metodologi                   impairment measurement methodologies and
pengukuran penurunan nilai, serta melakukan                  performed validation of allowance for impairment
validasi atas model pencadangan kerugian                     losses models, inputs, basis, and assumptions used
penurunan nilai, data masukan, dasar, dan asumsi             by the Bank in calculating the allowance for
yang digunakan oleh Bank dalam menghitung                    impairment losses, and tested the classification
cadangan kerugian penurunan nilai, serta menguji             into the three-stage credit quality of loan portfolios
tiga tahapan kualitas kredit atas portofolio kredit          in accordance with staging criteria developed by
yang diberikan sesuai dengan kriteria tingkatan              the Bank for loans. We tested whether historical
(staging) yang disusun oleh Bank untuk kredit                experience     is   representative       of   current
yang diberikan. Kami menguji apakah pengalaman               circumstances and of the recent losses incurred in
historis mewakili keadaan saat ini dan kerugian              the portfolios, and assessed the reasonableness of
terkini yang terjadi dalam portofolio, serta menilai         forward-looking adjustments, macroeconomic
kewajaran atas penyesuaian berorientasi masa                 factor analysis, and probability-weighted multiple
depan, analisis faktor ekonomi makro, dan                    scenarios for loans.
beberapa skenario probabilitas tertimbang untuk
kredit yang diberikan.


                                                       iii
A member firm of Ernst & Young Global Limited
Page 597
                                                                               The original report included herein is in
                                                                                              the Indonesian language.



Laporan Auditor Independen (lanjutan)                      Independent Auditor’s Report (continued)

Laporan No. 00209/2.1505/AU.1/07/1865-                     Report    No.     00209/2.1505/AU.1/07/1865-
2/1/III/2026 (lanjutan)                                    2/1/III/2026 (continued)


Hal audit utama (lanjutan)                                 Key audit matters (continued)

Cadangan kerugian penurunan nilai atas kredit              Allowance for     impairment        losses     on     loans
yang diberikan (lanjutan)                                  (continued)

Respons audit: (lanjutan)                                  Audit response: (continued)

Untuk cadangan kerugian penurunan nilai yang               With respect to individually assessed allowance for
dinilai secara individual, kami menguji kredit yang        impairment losses, we tested the loans to evaluate
diberikan untuk mengevaluasi identifikasi secara           the timely identification by the Bank of exposures
tepat waktu oleh Bank atas eksposur yang                   with significant deterioration in credit quality or
mengalami penurunan kualitas kredit yang                   which have been impaired; for cases where
signifikan atau yang telah mengalami penurunan             impairment has been identified, we assessed the
nilai; untuk kasus-kasus dimana penurunan nilai            Bank’s assumptions on the expected future cash
telah diidentifikasi, kami menilai asumsi Bank atas        flows, including the value of realizable collateral
arus kas masa depan ekspektasian, termasuk nilai           based on available market information or valuation
agunan yang dapat direalisasikan berdasarkan               prepared by independent or internal valuer.
informasi pasar yang tersedia atau penilaian yang
dilakukan oleh penilai independen dan internal.

Kami memeriksa keakurasian perhitungan jumlah              We checked the accuracy of the calculation of
cadangan kerugian penurunan nilai dengan                   allowance for impairment losses amount by
melakukan perhitungan ulang atas keseluruhan               recalculating the collective impairment for the
portofolio yang penurunan nilainya dinilai secara          entire portfolio and the individual impairment for
kolektif dan keseluruhan portofolio yang                   the entire portfolio. We assessed whether the
penurunan nilainya dinilai secara individual. Kami         financial statements disclosures are adequately
menilai apakah pengungkapan dalam laporan                  and appropriately reflecting the Bank’s exposures
keuangan     cukup    dan     secara     memadai           to credit risks. We involved our auditor’s internal
mencerminkan eksposur Bank terhadap risiko                 expert in the performance of the above procedures
kredit. Kami melibatkan pakar auditor internal             where their specific expertise was required.
kami untuk membantu kami dalam melakukan
prosedur-prosedur di atas ketika keahlian spesifik
mereka diperlukan.

Informasi lain                                             Other information

Manajemen bertanggung jawab atas informasi                 Management is responsible for the other
lain. Informasi lain terdiri dari informasi yang           information. Other information comprises the
tercantum dalam Laporan Tahunan 2025                       information included in the 2025 Annual Report
(“Laporan Tahunan”) selain laporan keuangan                (the   “Annual Report”)        other    than    the
terlampir dan laporan auditor independen kami.             accompanying financial statements and our
Laporan Tahunan diharapkan akan tersedia bagi              independent auditor’s report thereon. The Annual
kami setelah tanggal laporan auditor independen            Report is expected to be made available to us after
ini.                                                       the date of this independent auditor’s report.




                                                      iv
 A member firm of Ernst & Young Global Limited
Page 598
                                                                          The original report included herein is in
                                                                                         the Indonesian language.



Laporan Auditor Independen (lanjutan)                  Independent Auditor’s Report (continued)

Laporan No. 00209/2.1505/AU.1/07/1865-                 Report    No.     00209/2.1505/AU.1/07/1865-
2/1/III/2026 (lanjutan)                                2/1/III/2026 (continued)


Informasi lain (lanjutan)                              Other information (continued)

Opini kami atas laporan keuangan terlampir tidak       Our opinion on the accompanying financial
mencakup Laporan Tahunan, dan oleh karena itu,         statements does not cover the Annual Report, and
kami tidak menyatakan bentuk keyakinan apapun          accordingly, we do not express any form of
atas Laporan Tahunan tersebut.                         assurance on the Annual Report.

Sehubungan dengan audit kami atas laporan              In connection with our audit of the accompanying
keuangan terlampir, tanggung jawab kami                financial statements, our responsibility is to read
adalah untuk membaca Laporan Tahunan                   the Annual Report when it becomes available and,
ketika tersedia dan, dalam melaksanakannya,            in doing so, consider whether the Annual Report is
mempertimbangkan apakah Laporan Tahunan                materially inconsistent with the accompanying
mengandung      ketidakkonsistensian material          financial statements or our knowledge obtained in
dengan laporan keuangan terlampir atau                 the audit, or otherwise appears to be materially
pemahaman yang kami peroleh selama audit,              misstated.
atau mengandung kesalahan penyajian material.

Ketika kami membaca Laporan Tahunan, jika              When we read the Annual Report, if we conclude
kami menyimpulkan bahwa terdapat suatu                 that there is a material misstatement therein, we
kesalahan penyajian material di dalamnya, kami         are required to communicate the matter to those
diharuskan    untuk   mengomunikasikan hal             charged with governance and take appropriate
tersebut kepada pihak yang bertanggung jawab           actions based on the applicable laws and
atas tata kelola dan melakukan tindakan yang           regulations.
tepat berdasarkan peraturan perundang-
undangan yang berlaku.

Tanggung jawab manajemen dan pihak yang                Responsibilities of management and those
bertanggung jawab atas tata kelola terhadap            charged with governance for the financial
laporan keuangan                                       statements

Manajemen bertanggung jawab atas penyusunan            Management is responsible for the preparation and
dan penyajian wajar laporan keuangan tersebut          fair presentation of the financial statements in
sesuai dengan Standar Akuntansi Keuangan di            accordance with Indonesian Financial Accounting
Indonesia, dan atas pengendalian internal yang         Standards, and for such internal control as
dianggap perlu oleh manajemen untuk                    management determines is necessary to enable the
memungkinkan penyusunan laporan keuangan               preparation of financial statements that are free
yang bebas dari kesalahan penyajian material,          from material misstatement, whether due to fraud
baik yang disebabkan oleh kecurangan maupun            or error.
kesalahan.




                                                   v
 A member firm of Ernst & Young Global Limited
Page 599
                                                                             The original report included herein is in
                                                                                            the Indonesian language.



Laporan Auditor Independen (lanjutan)                     Independent Auditor’s Report (continued)

Laporan No. 00209/2.1505/AU.1/07/1865-                    Report    No.     00209/2.1505/AU.1/07/1865-
2/1/III/2026 (lanjutan)                                   2/1/III/2026 (continued)


Tanggung jawab manajemen dan pihak yang                   Responsibilities of management and those
bertanggung jawab atas tata kelola terhadap               charged with governance for the financial
laporan keuangan (lanjutan)                               statements (continued)

Dalam     penyusunan       laporan      keuangan,         In preparing the financial statements, management
manajemen bertanggung jawab untuk menilai                 is responsible for assessing the Bank’s ability to
kemampuan Bank dalam mempertahankan                       continue as a going concern, disclosing, as
kelangsungan usahanya, mengungkapkan, sesuai              applicable, matters related to going concern, and
dengan kondisinya, hal-hal yang berkaitan dengan          using the going concern basis of accounting, unless
kelangsungan usaha, dan menggunakan basis                 management either intends to liquidate the Bank or
akuntansi     kelangsungan     usaha,      kecuali        to cease its operations, or has no realistic
manajemen memiliki intensi untuk melikuidasi              alternative but to do so.
Bank atau menghentikan operasi, atau tidak
memiliki   alternatif   yang    realistis   selain
melaksanakannya.

Pihak yang bertanggung jawab atas tata kelola             Those charged with governance are responsible for
bertanggung jawab untuk mengawasi proses                  overseeing the Bank’s financial reporting process.
pelaporan keuangan Bank.

Tanggung jawab auditor terhadap audit atas                Auditor’s responsibilities for the audit of the
laporan keuangan                                          financial statements

Tujuan kami adalah untuk memeroleh keyakinan              Our objectives are to obtain reasonable assurance
memadai tentang apakah laporan keuangan                   about whether the financial statements taken as a
secara keseluruhan bebas dari kesalahan                   whole are free from material misstatement,
penyajian material, baik yang disebabkan oleh             whether due to fraud or error, and to issue an
kecurangan maupun kesalahan, dan untuk                    independent auditor’s report that includes our
menerbitkan laporan auditor independen yang               opinion. Reasonable assurance is a high level of
mencakup opini kami. Keyakinan memadai                    assurance, but is not a guarantee that an audit
merupakan suatu tingkat keyakinan tinggi, namun           conducted in accordance with Standards on
bukan merupakan suatu jaminan bahwa audit                 Auditing established by the IICPA will always detect
yang dilaksanakan berdasarkan Standar Audit               a material misstatement when it exists.
yang ditetapkan oleh IAPI akan selalu mendeteksi          Misstatements can arise from fraud or error and
kesalahan penyajian material ketika hal tersebut          are considered material if, individually or in the
ada. Kesalahan penyajian dapat disebabkan oleh            aggregate, they could reasonably be expected to
kecurangan maupun kesalahan dan dianggap                  influence the economic decisions of users taken on
material jika, baik secara individual maupun              the basis of these financial statements.
agregat, dapat diekspektasikan secara wajar akan
memengaruhi keputusan ekonomi yang diambil
oleh pengguna berdasarkan laporan keuangan
tersebut.




                                                     vi
A member firm of Ernst & Young Global Limited
Page 600
                                                                                  The original report included herein is in
                                                                                                 the Indonesian language.



Laporan Auditor Independen (lanjutan)                         Independent Auditor’s Report (continued)

Laporan No. 00209/2.1505/AU.1/07/1865-                        Report    No.     00209/2.1505/AU.1/07/1865-
2/1/III/2026 (lanjutan)                                       2/1/III/2026 (continued)


Tanggung jawab auditor terhadap audit atas                    Auditor’s responsibilities for the audit of the
laporan keuangan (lanjutan)                                   financial statements (continued)

Sebagai bagian dari suatu audit berdasarkan                   As part of an audit in accordance with Standards on
Standar Audit yang ditetapkan oleh IAPI, kami                 Auditing established by the IICPA, we exercise
menerapkan pertimbangan profesional dan                       professional judgment and maintain professional
mempertahankan skeptisisme profesional selama                 skepticism throughout the audit. We also:
audit. Kami juga:

       Mengidentifikasi dan menilai risiko kesalahan            Identify and assess the risks of material
        penyajian material dalam laporan keuangan,                misstatement of the financial statements,
        baik yang disebabkan oleh kecurangan                      whether due to fraud or error, design and
        maupun     kesalahan,      mendesain      dan             perform audit procedures responsive to such
        melaksanakan prosedur audit yang responsif                risks, and obtain audit evidence that is
        terhadap risiko tersebut, serta memeroleh                 sufficient and appropriate to provide a basis for
        bukti audit yang cukup dan tepat untuk                    our opinion. The risk of not detecting a material
        menyediakan basis bagi opini kami. Risiko                 misstatement resulting from fraud is higher
        tidak   terdeteksinya     suatu     kesalahan             than for one resulting from error, as fraud may
        penyajian material yang disebabkan oleh                   involve     collusion,    forgery,    intentional
        kecurangan lebih tinggi dari yang disebabkan              omissions, misrepresentations, or override of
        oleh kesalahan, karena kecurangan dapat                   internal control.
        melibatkan kolusi, pemalsuan, penghilangan
        secara sengaja, pernyataan salah, atau
        pengabaian atas pengendalian internal.

      Memeroleh suatu pemahaman tentang                         Obtain an understanding of internal control
       pengendalian internal yang relevan dengan                  relevant to the audit in order to design audit
       audit untuk mendesain prosedur audit yang                  procedures that are appropriate in the
       tepat sesuai dengan kondisinya, tetapi bukan               circumstances, but not for the purpose of
       untuk tujuan menyatakan opini atas                         expressing an opinion on the effectiveness of
       keefektivitasan pengendalian internal Bank.                the Bank’s internal control.

      Mengevaluasi ketepatan kebijakan akuntansi                Evaluate the appropriateness of accounting
       yang digunakan serta kewajaran estimasi                    policies used and the reasonableness of
       akuntansi dan pengungkapan terkait yang                    accounting estimates and related disclosures
       dibuat oleh manajemen.                                     made by management.




                                                        vii
A member firm of Ernst & Young Global Limited
Page 601
                                                                                 The original report included herein is in
                                                                                                the Indonesian language.



Laporan Auditor Independen (lanjutan)                        Independent Auditor’s Report (continued)

Laporan No. 00209/2.1505/AU.1/07/1865-                       Report    No.     00209/2.1505/AU.1/07/1865-
2/1/III/2026 (lanjutan)                                      2/1/III/2026 (continued)

Tanggung jawab auditor terhadap audit atas                   Auditor’s responsibilities for the audit of the
laporan keuangan (lanjutan)                                  financial statements (continued)
Sebagai bagian dari suatu audit berdasarkan                  As part of an audit in accordance with Standards on
Standar Audit yang ditetapkan oleh IAPI, kami                Auditing established by the IICPA, we exercise
menerapkan pertimbangan profesional dan                      professional judgment and maintain professional
mempertahankan skeptisisme profesional selama                skepticism throughout the audit. We also:
audit. Kami juga: (lanjutan)                                 (continued)
      Menyimpulkan ketepatan penggunaan basis                  Conclude     on    the   appropriateness      of
       akuntansi     kelangsungan      usaha   oleh              management's use of the going concern basis
       manajemen dan, berdasarkan bukti audit yang               of accounting and, based on the audit evidence
       diperoleh,     apakah     terdapat     suatu              obtained, whether a material uncertainty exists
       ketidakpastian material yang terkait dengan               related to events or conditions that may cast
       peristiwa    atau    kondisi    yang   dapat              significant doubt on the Bank's ability to
       menyebabkan keraguan signifikan atas                      continue as a going concern. If we conclude
       kemampuan Bank untuk mempertahankan                       that a material uncertainty exists, we are
       kelangsungan      usahanya.     Ketika  kami              required to draw attention in our independent
       menyimpulkan       bahwa     terdapat  suatu              auditor’s report to the related disclosures in
       ketidakpastian material, kami diharuskan                  the financial statements or, if such disclosures
       untuk menarik perhatian dalam laporan                     are inadequate, to modify our opinion. Our
       auditor independen kami ke pengungkapan                   conclusion is based on the audit evidence
       terkait dalam laporan keuangan atau, jika                 obtained up to the date of our independent
       pengungkapan tersebut tidak memadai,                      auditor’s report. However, future events or
       memodifikasi opini kami. Kesimpulan kami                  conditions may cause the Bank to cease to
       didasarkan pada bukti audit yang diperoleh                continue as a going concern.
       hingga tanggal laporan auditor independen
       kami. Namun, peristiwa atau kondisi masa
       depan dapat menyebabkan Bank tidak dapat
       mempertahankan kelangsungan usaha.
      Mengevaluasi penyajian, struktur, dan isi                Evaluate the overall presentation, structure,
       laporan keuangan secara keseluruhan,                      and content of the financial statements,
       termasuk pengungkapannya, dan apakah                      including the disclosures, and whether the
       laporan keuangan mencerminkan transaksi                   financial statements represent the underlying
       dan peristiwa yang mendasarinya dengan                    transactions and events in a manner that
       suatu cara yang mencapai penyajian wajar.                 achieves fair presentation.
Kami mengomunikasikan kepada pihak yang                      We communicate with those charged with
bertanggung jawab atas tata kelola mengenai,                 governance regarding, among other matters, the
antara lain, ruang lingkup dan saat yang                     planned scope and timing of the audit and
direncanakan atas audit serta temuan audit                   significant audit findings, including any significant
signifikan, termasuk setiap defisiensi signifikan            deficiencies in internal control that we identify
dalam pengendalian internal yang teridentifikasi             during our audit.
oleh kami selama audit.




                                                      viii
A member firm of Ernst & Young Global Limited
Page 602
A member firm of Ernst & Young Global Limited
Page 603
                                                                            The original financial statements included herein are in the
                                                                                                                  Indonesian language.

             PT BANK RAYA INDONESIA Tbk                                          PT BANK RAYA INDONESIA Tbk
              LAPORAN POSISI KEUANGAN                                          STATEMENT OF FINANCIAL POSITION
                Tanggal 31 Desember 2025                                             As of December 31, 2025
              (Disajikan dalam ribuan Rupiah,                                   (Expressed in thousands of Rupiah,
                  kecuali dinyatakan lain)                                           unless otherwise stated)


                                      31 Desember/            Catatan/    31 Desember/
                                    December 31, 2025          Notes     December 31, 2024

ASET                                                                                                                         ASSETS

Kas                                          9.227.339    2a,2b,2x,3             15.976.481                                     Cash

                                                           2a,2b,2e,                                           Current accounts with
Giro pada Bank Indonesia                  677.612.764        2x,4              491.826.632                         Bank Indonesia

                                                          2a,2b,2c,2d,
Giro pada bank lain                       507.429.047      2e,2x,5,33          228.492.702         Current accounts with other banks
Cadangan kerugian penurunan nilai             (31.015)                             (15.660)         Allowance for impairment losses
                                          507.398.032                          228.477.042

Penempatan pada Bank Indonesia                                2a,2b,                                Placements with Bank Indonesia
  dan bank lain                                      -        2d,2f,6          949.861.499                        and other banks
Cadangan kerugian penurunan nilai                    -                                   -          Allowance for impairment losses
                                                     -                         949.861.499

                                                           2b,2c,2d,
Efek-efek                                5.068.329.764      2g,7,33           4.460.715.068                               Securities
Cadangan kerugian penurunan nilai              (99.038)                            (112.054)         Allowance for impairment losses
                                         5.068.230.726                        4.460.603.014

Efek-efek yang dibeli dengan                                                                              Securities purchased under
  janji dijual kembali                               -    2b,2d,2h,8           197.808.583                     agreement to resell

Kredit yang diberikan                    7.715.323.443     2b,2c,2d,          7.125.950.688                                   Loans
Cadangan kerugian penurunan nilai       (1.442.219.440)     2i,9,33          (1.046.214.325)         Allowance for impairment losses

                                         6.273.104.003                        6.079.736.363

                                                           2b,2d,2k,
Penyertaan saham                                77.510        10                     77.510            Investment in shares of stocks

Aset tetap                                                    2l,2m,11                                    Premises and equipments
  dan aset hak guna                                                                                        and right-of-use assets
  Biaya perolehan                          585.044.081                          569.092.800                                   Cost
  Akumulasi penyusutan                    (260.801.319)                        (213.221.883)             Accumulated depreciation
Nilai buku neto                           324.242.762                          355.870.917                            Net book value


Aset tak berwujud - neto                   89.785.275         2l,2m,11           61.988.813                    Intangible assets - net
Aset pajak tangguhan                                 -         2y,20c          179.934.557                        Deferred tax assets

Agunan yang diambil alih                     6.043.700        2m,2n,              6.043.700                   Foreclosed collaterals
Cadangan kerugian penurunan nilai           (1.206.801)        12                (1.206.801)         Allowance for impairment losses

                                             4.836.899                            4.836.899

Biaya dibayar dimuka dan                                  2b,2m,2o,
  aset lain-lain                          132.592.603       2x,13              101.921.857       Prepaid expenses and other assets

TOTAL ASET                             13.087.107.913                       13.128.920.167                          TOTAL ASSETS




   Catatan atas laporan keuangan terlampir merupakan bagian              The accompanying notes to the financial statements form an
      yang tidak terpisahkan dari laporan keuangan secara                        integral part of these financial statements.
                          keseluruhan.

                                                                 1
Page 604
                                                                              The original financial statements included herein are in the
                                                                                                                    Indonesian language.



           PT BANK RAYA INDONESIA Tbk                                             PT BANK RAYA INDONESIA Tbk
        LAPORAN POSISI KEUANGAN (lanjutan)                                 STATEMENT OF FINANCIAL POSITION (continued)
              Tanggal 31 Desember 2025                                                As of December 31, 2025
            (Disajikan dalam ribuan Rupiah,                                      (Expressed in thousands of Rupiah,
                kecuali dinyatakan lain)                                              unless otherwise stated)


                                         31 Desember/         Catatan/      31 Desember/
                                       December 31, 2025       Notes       December 31, 2024
LIABILITAS DAN EKUITAS                                                                                      LIABILITIES AND EQUITY

LIABILITAS                                                                                                                 LIABILITIES

Liabilitas segera                             21.426.711     2b,2p,2x,14           23.641.653                Liabilities due immediately
                                                              2b,2c,2q,
Simpanan nasabah                                                2x,33                                         Deposits from customers
  Giro                                        837.165.280        15               714.865.591                     Demand deposits
  Tabungan                                  2.371.890.672        16             1.521.833.548                       Saving deposits
  Deposito berjangka                        6.335.930.022        17             5.896.352.860                         Time deposits
                                            9.544.985.974                       8.133.051.999

                                                               2b,2c,
Simpanan dari bank lain                      192.005.643      2q,18,33           867.000.000                Deposits from other banks
Efek-efek yang dijual dengan                                                                                     Securities sold under
  janji dibeli kembali                                 -      2b,2j,19           290.682.750                agreement to repurchase
Utang pajak                                   10.083.736       2y,20a              9.917.304                            Taxes payable
                                                              2b,2c,2r
Pinjaman yang diterima                        12.556.559       21,33               13.622.042                        Fund borrowings
Estimasi kerugian komitmen                                                                            Estimated losses on commitment
  dan kontinjensi                               1.262.340       2d,22               1.039.956                     and contingencies
                                                               2c,2v,
Liabilitas imbalan kerja                     112.566.789        23,33            100.635.430           Liabilities for employee benefits
Liabilitas lain-lain                         180.884.187     2b,2s,2x,24         235.964.506                             Other liabilities
Total Liabilitas                           10.075.771.939                       9.675.555.640                          Total Liabilities

EKUITAS                                                                                                                         EQUITY

Modal saham - nilai nominal
  Rp100 (Rupiah penuh)                                                                                     Share capital - par value of
  per lembar saham                                                                                     Rp100 (full Rupiah) per share
Modal dasar - 60.000.000.000                                                                                        Authorized capital -
  lembar saham                                                                                               60,000,000,000 shares
Modal ditempatkan dan disetor                                                                            Issued and fully paid capital -
  penuh - 24.740.494.294 lembar                                                                                24,740,494,294 shares
  saham pada tanggal 31 Desember                                                                           as of December 31, 2025
  2025 dan 2024                             2.474.049.429       1,25            2.474.049.429                              and 2024

Tambahan modal disetor                      3.735.116.314                       3.735.116.314                  Additional paid-in capital

Modal saham diperoleh kembali                                  1e,2aa
  (saham treasuri)                            (15.589.672)       25                (5.969.791)                           Treasury stock

Keuntungan/(kerugian) yang belum                                                                              Unrealized gain/(loss) on
  direalisasi atas efek-efek yang diukur                                                                      securities measured at
  pada nilai wajar melalui penghasilan                                                                       fair value through other
  komprehensif lain - setelah pajak                                                                         comprehensive income -
  tangguhan                                   39.460.182         2g               (22.439.133)                     net of deferred tax




   Catatan atas laporan keuangan terlampir merupakan bagian                The accompanying notes to the financial statements form an
      yang tidak terpisahkan dari laporan keuangan secara                          integral part of these financial statements.
                          keseluruhan.

                                                                 2
Page 605
                                                                           The original financial statements included herein are in the
                                                                                                                 Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                           PT BANK RAYA INDONESIA Tbk
       LAPORAN POSISI KEUANGAN (lanjutan)                               STATEMENT OF FINANCIAL POSITION (continued)
             Tanggal 31 Desember 2025                                              As of December 31, 2025
           (Disajikan dalam ribuan Rupiah,                                    (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                            unless otherwise stated)



                                      31 Desember/           Catatan/    31 Desember/
                                    December 31, 2025         Notes     December 31, 2024
LIABILITAS DAN EKUITAS                                                                                   LIABILITIES AND EQUITY
(lanjutan)                                                                                                            (continued)

EKUITAS (lanjutan)                                                                                             EQUITY (continued)

Cadangan kerugian penurunan nilai                                                                   Allowance for impairment losses
  atas efek-efek yang diukur pada                                                                       on securities measured at
  nilai wajar melalui penghasilan                                                                         fair value through other
  komprehensif lain                          182.473         2d,2g,7f              248.580                comprehensive income

Pengukuran kembali program                                                                                           Remeasurement
  imbalan pasti - setelah                                                                                   of defined benefit plan
  pajak tangguhan                           1.361.647         2v,23             (3.009.421)                    - net of deferred tax

Saldo laba                                                                                                       Retained earnings
  Telah ditentukan penggunaannya:                                                                                  Appropriated:
    Cadangan khusus                           116.559          25                  116.559                     Specific reserve
    Cadangan umum                          32.254.317          25               32.254.317                     General reserve
  Belum ditentukan penggunaannya       (3.255.615.275)                      (2.757.002.327)                      Unappropriated
Total Ekuitas                           3.011.335.974                        3.453.364.527                              Total Equity
TOTAL LIABILITAS DAN EKUITAS          13.087.107.913                       13.128.920.167       TOTAL LIABILITIES AND EQUITY




  Catatan atas laporan keuangan terlampir merupakan bagian              The accompanying notes to the financial statements form an
     yang tidak terpisahkan dari laporan keuangan secara                        integral part of these financial statements.
                         keseluruhan.

                                                                3
Page 606
                                                                           The original financial statements included herein are in the
                                                                                                                 Indonesian language.

           PT BANK RAYA INDONESIA Tbk                                            PT BANK RAYA INDONESIA Tbk
      LAPORAN LABA RUGI DAN PENGHASILAN                                         STATEMENT OF PROFIT OR LOSS
                  KOMPREHENSIF LAIN                                          AND OTHER COMPREHENSIVE INCOME
       Untuk Tahun yang Berakhir pada Tanggal                                          For the Year Ended
                  31 Desember 2025                                                     December 31, 2025
           (Disajikan dalam ribuan Rupiah,                                     (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                              unless otherwise stated)


                                      Tahun yang Berakhir pada Tanggal 31 Desember/
                                                Year Ended December 31,
                                                             Catatan/
                                          2025                Notes           2024

PENDAPATAN DAN BEBAN                                                                                     INCOME AND EXPENSES
  OPERASIONAL                                                                                              FROM OPERATIONS
Pendapatan bunga                        1.190.261.767         2t,26         1.045.261.016                         Interest income
Beban bunga                              (493.917.311)        2t,27          (473.291.645)                       Interest expense

Pendapatan Bunga - Neto                  696.344.456                          571.969.371                      Interest Income - Net

Pendapatan Operasional Lainnya                                                                             Other Operating Income
  Provisi dan komisi lainnya              10.842.533           2u              10.815.507            Other fees and commissions
  Keuntungan dari penjualan
    efek-efek - neto                      29.299.197          2g,7e            20.582.407          Gain on sale of securities - net
  Penerimaan kembali aset
    keuangan yang telah                                                                                     Recovery of writen-off
    dihapusbukukan                       125.066.996           2d             494.008.483                      financial assets
  Keuntungan yang belum
    direalisasi dari perubahan                                                                     Unrealized gain on changes in
    nilai wajar efek-efek - neto            1.134.610         2g,7d             1.949.509           fair value of securities - net
  Keuntungan transaksi                                                                                  Gain on foreign currencies
    mata uang asing - neto                    71.807           2x                       -                     transactions - net
  Lain-lain                                  815.338                            2.604.950                                    Others
Total Pendapatan Operasional
  Lainnya                                167.230.481                          529.960.856             Total Other Operating Income
Penyisihan Kerugian                                                                                                   Provision For
  Penurunan Nilai                        (553.612.832)   2d,2m,28            (410.260.628)                     Impairment Losses

Beban Operasional Lainnya                                                                                Other Operating Expenses
                                                             2c,2v,23
  Beban gaji dan tunjangan               (288.127.295)        29,33          (320.719.553)   Salaries and allowances expense
  Beban umum dan administrasi            (347.518.611)         2l,30         (315.152.088) General and administrative expense
  Kerugian transaksi                                                                                Loss on foreign currencies
    mata uang asing - neto                          -          2x                  (5.124)                transactions - net
  Lain-lain                                (3.155.381)                         (3.416.862)                              Others
Total Beban Operasional Lainnya          (638.801.287)                       (639.293.627)          Total Other Operating Expenses

(RUGI)/LABA OPERASIONAL                  (328.839.182)                         52.375.972            OPERATING (LOSS)/INCOME

PENDAPATAN
  NON-OPERASIONAL - NETO                    7.122.170          31               2.965.986        NON-OPERATING INCOME - NET
(RUGI)/LABA SEBELUM PAJAK                (321.717.012)                         55.341.958          (LOSS)/INCOME BEFORE TAX

BEBAN PAJAK                              (176.895.936)       2y,20b             (4.450.188)                          TAX EXPENSE
(RUGI)/LABA TAHUN BERJALAN               (498.612.948)                         50.891.770       (LOSS)/INCOME FOR THE YEAR




  Catatan atas laporan keuangan terlampir merupakan bagian              The accompanying notes to the financial statements form an
     yang tidak terpisahkan dari laporan keuangan secara                        integral part of these financial statements.
                         keseluruhan.

                                                                4
Page 607
                                                                            The original financial statements included herein are in the
                                                                                                                  Indonesian language.

            PT BANK RAYA INDONESIA Tbk                                           PT BANK RAYA INDONESIA Tbk
       LAPORAN LABA RUGI DAN PENGHASILAN                                      STATEMENT OF PROFIT OR LOSS AND
            KOMPREHENSIF LAIN (lanjutan)                                   OTHER COMPREHENSIVE INCOME (continued)
        Untuk Tahun yang Berakhir pada Tanggal                                         For the Year Ended
                   31 Desember 2025                                                     December 31, 2025
            (Disajikan dalam ribuan Rupiah,                                     (Expressed in thousands of Rupiah,
                kecuali dinyatakan lain)                                             unless otherwise stated)



                                       Tahun yang Berakhir pada Tanggal 31 Desember/
                                                 Year Ended December 31,

                                                              Catatan/
                                           2025                Notes           2024
PENGHASILAN                                                                                              OTHER COMPREHENSIVE
  KOMPREHENSIF LAINNYA                                                                                              INCOME

Akun yang tidak akan                                                                                              Item that will not be
  direklasifikasi ke laba rugi                                                                          reclassified to profit or loss

  Pengukuran kembali atas                                                                               Remeasurement of defined
    program imbalan pasti                    5.219.880         2v,23             1.386.772                        benefit plan

  Pajak penghasilan terkait                                                                              Income tax related to item
    akun yang tidak akan                                                                                    not to be reclassified
    direklasifikasi ke laba rugi              (848.812)                           (305.090)                       to profit or loss

Akun yang akan                                                                                         Item that will be reclassified to
  direklasifikasi ke laba rugi                                                                                          profit or loss

  Keuntungan/(kerugian) yang belum
    direalisasi atas efek-efek                                                                             Unrealized gain/(loss)on
    yang diukur pada nilai wajar                                                                          securities measured at
    melalui penghasilan                                                                                  fair value through other
    komprehensif lain                      68.228.300           2g             (16.425.105)              comprehensive income

  Cadangan kerugian penurunan
    nilai atas efek-efek                                                                           Allowance for impairment losses
    yang diukur pada nilai wajar                                                                       on securities measured at
    melalui penghasilan                                                                                  fair value through other
    komprehensif lain                          (66.107)        2d,2g                (77.527)             comprehensive income

  Pajak penghasilan terkait                                                                              Income tax related to item
    akun yang akan                                                                                            to be reclassified
    direklasifikasi ke laba rugi            (6.328.985)                          3.613.523                       to profit or loss
PENGHASILAN/(RUGI)
  KOMPREHENSIF                                                                              OTHER COMPREHENSIVE INCOME/
  LAIN TAHUN BERJALAN                                                                               (LOSS) FOR THE YEAR
  SETELAH PAJAK                            66.204.276                          (11.807.427)                   AFTER TAX
TOTAL (RUGI)/PENGHASILAN
  KOMPREHENSIF                                                                                  TOTAL COMPREHENSIVE (LOSS)/
  TAHUN BERJALAN                          (432.408.672)                         39.084.343            INCOME FOR THE YEAR

(RUGI)/LABA TAHUN BERJALAN                                     2w,32
  PER SAHAM                                                                                        (LOSS)/EARNINGS PER SHARE
Dasar (dalam Rupiah penuh)                     (20,20)                                 2,06                  Basic (in full Rupiah)




   Catatan atas laporan keuangan terlampir merupakan bagian              The accompanying notes to the financial statements form an
      yang tidak terpisahkan dari laporan keuangan secara                        integral part of these financial statements.
                          keseluruhan.

                                                                 5
Page 608
                                                                                                                                                                                                                                             The original financial statements included herein are in the Indonesian language.



                                                     PT BANK RAYA INDONESIA Tbk                                                                                                                                        PT BANK RAYA INDONESIA Tbk
                                                    LAPORAN PERUBAHAN EKUITAS                                                                                                                                       STATEMENT OF CHANGES IN EQUITY
                                       Untuk Tahun yang Berakhir pada Tanggal 31 Desember 2025                                                                                                                     For the Year Ended December 31, 2025
                                         (Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain)                                                                                                         (Expressed in thousands of Rupiah, unless otherwise stated)




                                                                                                                            Kerugian yang
                                                                                                                          belum direalisasi
                                                                                                                            atas efek-efek    Cadangan kerugian
                                                                                                                          yang diukur pada      penurunan nilai
                                                                                                                          nilai wajar melalui    atas efek-efek
                                                                                                                             penghasilan       yang diukur pada
                                                                                                                          komprehensif lain    nilai wajar melalui
                                                                                                                                - setelah         penghasilan           Pengukuran
                                                                                                                          pajak tangguhan/    komprehensif lain/     kembali program
                                                          Modal                                                            Unrealized loss       Allowance for        imbalan pasti -                        Saldo laba/Retained earnings
                                                      ditempatkan                                                            on securities    impairment losses        setelah pajak
                                                      dan disetor                                                          measured at fair       on securities         tangguhan/               Telah ditentukan penggunaannya/
                                                         penuh/             Tambahan               Modal saham              value through       measured at fair     Remeasurement                         Appropriated
                                                       Issued and          modal disetor/        diperoleh kembali       other comprehensive value through other     of defined benefit                                                      Belum ditentukan
                                       Catatan/         fully paid           Additional          (saham treasuri)/              income -        comprehensive           plan - net of         Cadangan khusus/        Cadangan umum/         penggunaannya/
                                        Notes            capital           paid-in capital        Treasury stock          net of deferred tax        income             deferred tax           Specific reserve        General reserve        Unappropriated         Ekuitas/Equity

Saldo pada tanggal
  31 Desember 2023                                      2.474.049.429         3.735.116.314                          -           (9.627.551)              326.107            (4.091.103)                116.559             32.254.317           (2.807.894.097)        3.420.249.975      Balance as of December 31, 2023

Laba tahun berjalan                                                  -                       -                       -                     -                     -                        -                    -                         -           50.891.770            50.891.770                       Income for the year

Rugi komprehensif lainnya              2d,2g,2v                      -                       -                       -          (12.811.582)              (77.527)            1.081.682                        -                         -                      -          (11.807.427)              Other comprehensive loss
Total penghasilan komprehensif untuk                                                                                                                                                                                                                                                              Total comprehensive income
  tahun berjalan                                                     -                       -                       -          (12.811.582)              (77.527)            1.081.682                        -                         -           50.891.770            39.084.343                          for the year

Saham treasuri                         2aa,25                        -                       -          (5.969.791)                        -                     -                        -                    -                         -                      -           (5.969.791)                        Treasury shares

Saldo pada tanggal
  31 Desember 2024                                      2.474.049.429         3.735.116.314             (5.969.791)             (22.439.133)              248.580            (3.009.421)                116.559             32.254.317           (2.757.002.327)        3.453.364.527      Balance as of December 31, 2024

Rugi tahun berjalan                                                  -                       -                       -                     -                     -                        -                       -                      -        (498.612.948)          (498.612.948)                        Loss for the year

Penghasilan komprehensif lainnya                                     -                       -                       -           61.899.315               (66.107)            4.371.068                        -                         -                      -          66.204.276            Other comprehensive income
Total rugi komprehensif untuk                                        -                       -                       -           61.899.315               (66.107)            4.371.068                        -                         -        (498.612.948)          (432.408.672)               Total comprehensive loss
  tahun berjalan                                                                                                                                                                                                                                                                                                for the year

Saham treasuri                                                       -                       -          (9.619.881)                        -                     -                        -                    -                         -                      -          (9.619.881)                         Treasury shares
Saldo pada tanggal
  31 Desember 2025                                      2.474.049.429        3.735.116.314            (15.589.672)               39.460.182               182.473             1.361.647                 116.559             32.254.317          (3.255.615.275)         3.011.335.974      Balance as of December 31, 2025




                       Catatan atas laporan keuangan terlampir merupakan bagian yang tidak terpisahkan dari laporan                                                                                    The accompanying notes to the financial statements form an integral part of these financial
                                                      keuangan secara keseluruhan.                                                                                                                                                           statements.

                                                                                                                                                            6
Page 609
                                                                            The original financial statements included herein are in the
                                                                                                                  Indonesian language.

            PT BANK RAYA INDONESIA Tbk                                            PT BANK RAYA INDONESIA Tbk
                 LAPORAN ARUS KAS                                                  STATEMENT OF CASH FLOWS
        Untuk Tahun yang Berakhir pada Tanggal                                          For the Year Ended
                   31 Desember 2025                                                      December 31, 2025
            (Disajikan dalam ribuan Rupiah,                                      (Expressed in thousands of Rupiah,
                kecuali dinyatakan lain)                                              unless otherwise stated)



                                         Tahun yang Berakhir pada Tanggal 31 Desember/
                                                   Year Ended December 31,

                                                              Catatan/
                                             2025              Notes           2024

ARUS KAS DARI AKTIVITAS                                                                                      CASH FLOWS FROM
  OPERASI                                                                                              OPERATING ACTIVITIES
Penerimaan bunga, provisi                                                                                         Interest, fees and
  dan komisi                              1.157.131.901                      1.040.873.977                 commissions received
Pembayaran bunga, provisi                                                                                         Interest, fees and
  dan komisi                               (482.109.033)                      (473.433.645)                     commissions paid
Penerimaan kembali aset keuangan                                                                           Recoveries of written-off
  yang telah dihapusbukukan                 125.066.996                        494.008.483                        financial assets
Pendapatan operasional lainnya               40.941.034                         33.976.453                  Other operating income
Beban operasional lainnya                  (511.706.294)                      (466.418.208)              Other operating expenses
Pendapatan lain - neto                        6.471.586                          5.723.810                       Other income - net
Pembayaran pajak penghasilan badan           (4.139.176)                                 -          Payment of corporate income tax
Arus kas sebelum perubahan dalam                                                                       Cash flows before changes in
  aset dan liabilitas operasi               331.657.014                        634.730.870           operating assets and liabilities

Perubahan dalam aset dan                                                                                Changes in operating assets
  liabilitas operasi:                                                                                                and liabilities:
Penurunan (kenaikan) dalam                                                                                       Decrease (increase)
  aset operasi:                                                                                                in operating assets:
  Kredit yang diberikan                    (746.835.432)                      (498.034.138)                                  Loans
  Efek-efek yang diukur pada nilai                                                                         Securities at fair value
     wajar melalui laba rugi                (36.726.359)                        27.302.739                through profit or loss
  Efek-efek yang dibeli dengan                                                                         Securities purchased under
     janji dijual kembali                   198.006.358                         47.247.073                  agreement to resell
  Aset lain-lain                             (9.623.483)                       (16.791.179)                           Other assets
Kenaikan (penurunan) dalam                                                                                     Increase (decrease) in
  liabilitas operasi:                                                                                            operating liabilities:
  Liabilitas segera                          (1.870.835)                        (5.286.618)             Liabilities due immediately
  Giro                                      122.299.689                       (126.265.271)                        Demand deposits
  Tabungan                                  850.057.124                        126.216.118                         Savings deposits
  Deposito berjangka                        439.577.162                        (52.874.432)                           Time deposits
  Simpanan dari bank lain                  (674.994.357)                       414.796.448              Deposits from other banks
  Liabilitas lain-lain                      (80.500.861)                       (53.795.033)                          Other liabilities

Kas Neto Diperoleh dari                                                                                       Net Cash Provided by
  Aktivitas Operasi                         391.046.020                        497.246.577                    Operating Activities

ARUS KAS DARI AKTIVITAS                                                                                      CASH FLOWS FROM
  INVESTASI                                                                                            INVESTING ACTIVITIES
Kenaikan efek-efek                                                                                            Increase in securities
  yang diukur pada nilai wajar melalui                                                       measured at fair value through other
  penghasilan komprehensif lain                                                             comprehensive income and securities
  dan biaya perolehan diamortisasi         (490.487.105)                      (125.558.315)         measured at amortized cost
                                                                                                   Proceeds from sale of premises
Hasil penjualan aset tetap                      665.687         11               1.345.282                        and equipment




   Catatan atas laporan keuangan terlampir merupakan bagian              The accompanying notes to the financial statements form an
      yang tidak terpisahkan dari laporan keuangan secara                        integral part of these financial statements.
                          keseluruhan.

                                                                 7
Page 610
                                                                           The original financial statements included herein are in the
                                                                                                                 Indonesian language.

           PT BANK RAYA INDONESIA Tbk                                           PT BANK RAYA INDONESIA Tbk
           LAPORAN ARUS KAS (lanjutan)                                      STATEMENT OF CASH FLOWS (continued)
       Untuk Tahun yang Berakhir pada Tanggal                                         For the Year Ended
                  31 Desember 2025                                                     December 31, 2025
           (Disajikan dalam ribuan Rupiah,                                     (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                             unless otherwise stated)



                                      Tahun yang Berakhir pada Tanggal 31 Desember/
                                                Year Ended December 31,

                                                             Catatan/
                                          2025                Notes           2024

ARUS KAS DARI AKTIVITAS                                                                                    CASH FLOWS FROM
  INVESTASI (lanjutan)                                                                     INVESTING ACTIVITIES (continued)
Perolehan aset tetap dan                                                                                  Acquisition of premises
  aset hak guna                           (23.111.048)         11              (26.275.156)            and right-of-use assets
Perolehan aset tak berwujud               (46.806.252)         11             (29.117.709)        Acquisition of intangible assets
Penerimaan dividen                             16.034          10                   26.411                   Receipt of dividends
Kas Neto Digunakan untuk                                                                                         Net Cash Used in
  Aktivitas Investasi                    (559.722.684)                       (179.579.487)                   Investing Activities
ARUS KAS DARI AKTIVITAS                                                                                      CASH FLOWS FROM
  PENDANAAN                                                                                             FINANCING ACTIVITIES
Pembelian kembali saham treasuri           (9.619.881)                          (5.969.791)            Repurchase of treasury stock
                                                                                                         Payment of lease liabilities
Pembayaran pokok liabilitas sewa          (14.797.643)                        (38.304.452)                              principals
Pembayaran                                                                                                                 Payment
  pinjaman yang diterima                   (1.065.483)        21,42             (1.013.624)                   of fund borrowings
(Penurunan)/kenaikan efek-efek                                                                              (Decrease)/increase in
  yang dijual dengan                                                                                          securities sold under
  janji dibeli kembali                   (297.728.493)                        290.591.098               agreement to repurchase
Kas Neto (Digunakan untuk)/                                                                                     Net Cash (Used in)/
  Diperoleh dari                                                                                                     Provided by
  Aktivitas Pendanaan                    (323.211.500)                        245.303.231                    Financing Activities

(PENURUNAN)/KENAIKAN NETO                                                                       NET (DECREASE)/INCREASE IN
  KAS DAN SETARA KAS                     (491.888.164)                        562.970.321     CASH AND CASH EQUIVALENTS

KAS DAN SETARA KAS                                                                              CASH AND CASH EQUIVALENTS
  AWAL TAHUN                            1.686.157.314                       1.123.186.993           AT BEGINNING OF YEAR
KAS DAN SETARA KAS                                                                              CASH AND CASH EQUIVALENTS
  AKHIR TAHUN                           1.194.269.150                       1.686.157.314                 AT END OF YEAR

Kas dan Setara Kas akhir                                                                           Cash and Cash Equivalents at
  tahun terdiri dari:                                                                                    end of year consist of:
  Kas                                       9.227.339           3              15.976.481                                   Cash
                                                                                                            Current accounts with
  Giro pada Bank Indonesia               677.612.764            4             491.826.632                     Bank Indonesia
  Giro pada bank lain                    507.429.047            5             228.492.702      Current accounts with other banks
  Penempatan pada Bank                                                                                     Placements with Bank
    Indonesia dan bank                                                                                     Indonesia and other
    lain - jangka waktu jatuh tempo                                                                    banks - maturing within
    tiga bulan atau kurang                                                                                three months or less
    sejak tanggal perolehan                         -           6             949.861.499            since the acquisition date
Total Kas dan Setara Kas                1.194.269.150                       1.686.157.314       Total Cash and Cash Equivalents




  Catatan atas laporan keuangan terlampir merupakan bagian              The accompanying notes to the financial statements form an
     yang tidak terpisahkan dari laporan keuangan secara                        integral part of these financial statements.
                         keseluruhan.

                                                                8
Page 611
                                                                The original financial statements included herein are in the
                                                                                                      Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                             NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                              As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                        and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                         (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                 unless otherwise stated)


1.   UMUM                                                     1. GENERAL

     a.   Pendirian Bank                                        a.   Establishment of the Bank

          PT Bank Agroniaga Tbk ("Bank") didirikan                   PT Bank Agroniaga Tbk (the “Bank") was
          dengan Akta No. 27 Notaris Raden Soekarsono,               established by Deed No. 27 of Notary Raden
          S.H., tanggal 27 September 1989. Anggaran                  Soekarsono, S.H., dated September 27, 1989.
          Dasar Bank telah disahkan oleh Menteri                     The Bank's Articles of Association was
          Kehakiman Republik Indonesia dengan Surat                  approved by the Minister of Justice of the
          Keputusan No. C.2-10019.HT.01.01-TH.89                     Republic of Indonesia through its Decree
          tanggal 28 Oktober 1989 serta diumumkan                    No.      C.2-10019.HT.01.01-TH.89     dated
          dalam Berita Negara Republik Indonesia                     October 28, 1989, and was published in the
          No. 96, Tambahan No. 3303 tanggal                          Supplement No. 3303 of the State Gazette of
          1 Desember 1989.                                           the Republic of Indonesia No. 96, dated
                                                                     December 1, 1989.

          Bank memperoleh izin usaha sebagai bank                    The Bank obtained its license as a commercial
          umum     berdasarkan  Surat   Keputusan                    bank based on the Decision Letter of the
          Menteri Keuangan No. 1347/KMK.013/1989                     Ministry of Finance No. 1347/KMK.013/1989
          tanggal 11 Desember 1989 dan Surat                         dated December 11, 1989 and the Decree of the
          Keputusan Direktur Bank Indonesia No.                      Director of Bank Indonesia No. 22/1037/UPPS/
          22/1037/UPPS/PSbD tanggal 26 Desember                      PSbD, dated December 26, 1989.
          1989.

          Perubahan status Bank dari perseroan tertutup              The changes in the Bank’s status from a private
          menjadi perseroan terbuka berdasarkan Akta                 company to a public company is based on Deed
          Pernyataan Keputusan Rapat No. 1 tanggal                   of Decision Meeting Statement No. 1, dated
          2 Desember 2002 di hadapan Notaris                         December 2, 2002 in the presence of Siti
          Siti Rayhana, S.H., dan telah mendapatkan                  Rayhana, S.H., a Notary, and was approved by
          persetujuan dari Menteri Kehakiman Republik                the Minister of Justice of the Republic of
          Indonesia tanggal 24 Desember 2002,                        Indonesia dated December 24, 2002 in its
          dengan Surat Keputusan No. C-24779.                        Decree No. C-24779.HT.01.04.TH.2002, and
          HT.01.04.TH.2002, serta diumumkan dalam                    was published in the Supplement No. 881 of the
          Berita Negara Republik Indonesia No. 9,                    State Gazette of the Republic of Indonesia
          Tambahan No. 881 tanggal 31 Januari 2003.                  No. 9 dated January 31, 2003.

          Pada tanggal 8 Mei 2006, Bank mendapatkan                  On May 8, 2006, the Bank obtained a license to
          izin sebagai bank devisa berdasarkan Surat                 operate as foreign exchange bank based on the
          Keputusan     Gubernur    Bank    Indonesia                Decree of the Governor of Bank Indonesia
          No. 8/41/KEP.GBI/2006.                                     No. 8/41/KEP.GBI/2006.

          Untuk memenuhi ketentuan Undang-Undang                     In compliance with Law No. 40 year 2007
          No. 40 tahun 2007 tentang Perseroan Terbatas,              regarding Limited Liability Company, The
          Anggaran Dasar Bank telah dilakukan                        Bank’s Articles of Association was amended.
          penyesuaian. Penyesuaian tersebut dinyatakan               The amendment was stated in Deed of Decision
          dalam Akta Pernyataan Keputusan Rapat                      Meeting Statement No. 41 dated July 16, 2008
          No. 41 tanggal 16 Juli 2008 yang dibuat di                 in the presence of Rusnaldy, S.H., a notary in
          hadapan Rusnaldy, S.H., notaris di Jakarta.                Jakarta. This amendment was approved by the
          Perubahan ini telah mendapatkan persetujuan                Minister of Laws and Human Rights of the
          dari Menteri Hukum dan Hak Asasi Manusia                   Republic of Indonesia in its Decree
          Republik Indonesia dengan Surat Keputusan                  No. AHU-46794.AH.01.02 Year 2008 dated
          No. AHU-46794.AH.01.02 Tahun 2008 tanggal                  August 1, 2008, and was published in the
          1 Agustus 2008 dan telah diumumkan dalam                   Supplement No. 15961 of the State Gazette of
          Berita Negara Republik Indonesia No. 69,                   the Republic of Indonesia No. 69, dated August
          Tambahan No. 15961 tanggal 26 Agustus 2008.                26, 2008.




                                                          9
Page 612
                                                                    The original financial statements included herein are in the
                                                                                                          Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                    PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                  As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                            and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                             (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                     unless otherwise stated)


1.   UMUM (lanjutan)                                             1. GENERAL (continued)

     a.   Pendirian Bank (lanjutan)                                 a.   Establishment of the Bank (continued)

          Pada tahun 2012, PT Bank Agroniaga Tbk                         In 2012, PT Bank Agroniaga Tbk changed its
          melakukan perubahan nama menjadi PT Bank                       name to PT Bank Rakyat Indonesia Agroniaga
          Rakyat Indonesia Agroniaga Tbk (“BRI Agro”)                    Tbk (“BRI Agro”) based on Deed of Decision
          sesuai dengan Akta Pernyataan Keputusan                        Meeting Statement No. 30, dated May 16, 2012,
          Rapat No. 30 tanggal 16 Mei 2012 yang dibuat                   in the presence of Rusnaldy, S.H., a Notary,
          dihadapan      Notaris   Rusnaldy,     S.H.,                   which    has   been     approved    by    the
          yang telah mendapat persetujuan dari                           Minister of Laws and Human Rights of the
          Menteri Hukum dan Hak Asasi Manusia                            Republic of Indonesia in its Decree
          Republik Indonesia dalam Surat Keputusan                       No. AHU-30947.AH.01.02.Tahun 2012, dated
          No. AHU-30947.AH.01.02.Tahun 2012 tanggal                      June 7, 2012 and Decree of the Governor of
          7 Juni 2012 dan Surat Keputusan Gubernur                       Bank    Indonesia No. 14/72/KEP.GBI/2012,
          Bank Indonesia No. 14/72/KEP.GBI/2012                          dated October 10, 2012.
          tanggal 10 Oktober 2012.

          PT Bank Rakyat Indonesia Agroniaga Tbk                         PT Bank Rakyat Indonesia Agroniaga Tbk
          melakukan perubahan nama menjadi PT Bank                       changed its name to PT Bank Raya Indonesia
          Raya Indonesia Tbk (“Bank Raya”) sesuai                        Tbk (“Bank Raya”) based on Deed of Decision
          dengan Akta Pernyataan Keputusan Rapat                         Meeting     Statement      No.      24,    dated
          No. 24 tanggal 27 September 2021 yang dibuat                   September 27, 2021, in the presence of
          dihadapan Notaris M. Nova Faisal, S.H., M.Kn.                  M. Nova Faisal, S.H., M.Kn. a notary, that has
          yang yang telah diterima dan dicatat di dalam                  been accepted and recorded in the
          Sistem Administrasi Kementerian Hukum dan                      Administration System of the Ministry of Law
          Hak Asasi Manusia Republik Indonesia No.                       and Human Rights of the Republic of Indonesia
          AHU-0052731.AH.01.02.Tahun 2021 tanggal                        No. AHU-0052731.AH.01.02.Tahun 2021 dated
          27 September 2021 dan telah disetujui oleh                     September 27, 2021 and has been approved by
          Otoritas Jasa Keuangan dalam Salinan                           the Financial Services Authority in Decision of
          Keputusan Deputi Komisioner Pengawas                           the Deputy Commissioner for Banking
          Perbankan I Otoritas Jasa Keuangan No. KEP-                    Supervision I of the Financial Services Authority
          65/PBI.1/2021 tanggal 1 November 2021 yang                     No. KEP-65/PBI.1/2021 dated November 1,
          diterima Bank pada tanggal 5 November 2021                     2021 that received by the Bank on November 5,
          melalui surat Otoritas Jasa Keuangan                           2021 through Financial Services Authority letter
          No. S-426/PB.12/2021.                                          No. S-426/PB.12/2021.

          Anggaran Dasar Bank telah mengalami                            The Articles of Association of the Bank have
          beberapa kali perubahan, terakhir dengan Akta                  been amended several times and the latest by
          Pernyataan Keputusan Rapat No. 18 tanggal                      Deed of Decision Meeting Statement No. 18
          17 Juli 2025 yang dibuat dihadapan                             dated July 17, 2025, in the presence of
          M. Nova Faisal, S.H., M.Kn, notaris di Jakarta,                M. Nova Faisal, S.H., M.Kn, a notary in Jakarta,
          mengenai persetujuan perubahan Anggaran                        regarding approval on the amendment
          Dasar. Perubahan ini telah diterima dan                        of Articles of Association. The amendment
          dicatat   di    dalam   Sistem    Administrasi                 has     been     approved     and      recorded
          Kementerian Hukum Republik Indonesia                           in the Administration System of the
          No.     AHU-0161812.AH.01.11.Tahun        2025                 Ministry of Law of the Republic of Indonesia
          tanggal 17 Juli 2025.                                          No. AHU-0161812.AH.01.11.Tahun 2025 dated
                                                                         July 17, 2025.

          Sesuai dengan pasal 3 Anggaran Dasar, ruang                    In accordance with article 3 of the Articles of
          lingkup kegiatan Bank adalah menjalankan                       Association, the Bank’s scope of business is to
          kegiatan umum di bidang perbankan.                             conduct commercial banking activities.




                                                            10
Page 613
                                                                            The original financial statements included herein are in the
                                                                                                                  Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                             PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                           As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                     and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                      (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                              unless otherwise stated)


1.   UMUM (lanjutan)                                                    1. GENERAL (continued)

     a.   Pendirian Bank (lanjutan)                                         a.   Establishment of the Bank (continued)

          Kantor pusat Bank berlokasi di Menara                                  The Bank’s head office is located at Menara
          BRILiaN, Jl. Gatot Subroto No. 177A,                                   BRILiaN, Jl. Gatot Subroto No. 177A, Jakarta.
          Jakarta. Pada tanggal-tanggal 31 Desember                              As of December 31, 2025 and 2024, the Bank
          2025 dan 2024, Bank memiliki kantor-kantor                             has offices as follows (unaudited):
          sebagai berikut (tidak diaudit):
                                              31 Desember/             31 Desember/
                                            December 31, 2025        December 31, 2024

          Kantor Pusat Non Operasional                        1                      1                    Non-Operational Head Office
          Kantor Cabang                                      19                     19                                 Branch Offices
          Kantor Cabang Pembantu                              4                      4                            Sub-Branch Offices
          Kantor Kas                                          2                      2                                  Cash Offices
          E-Buzz                                              1                      1                                        E-Buzz

          Entitas induk Bank adalah PT Bank Rakyat                               The parent entity of the Bank is PT Bank Rakyat
          Indonesia (Persero) Tbk dan Pemerintah                                 Indonesia (Persero) Tbk and the Government of
          Republik Indonesia adalah entitas induk terakhir                       the Republic of Indonesiais the holding entity of
          PT Bank Rakyat Indonesia (Persero) Tbk.                                PT Bank Rakyat Indonesia (Persero) Tbk.

     b.   Penawaran Umum Saham Bank                                         b.   Public Offering of the Bank's Shares

          Pada    tanggal   21    Mei   2003,   Bank                             On May 21, 2003, the Bank submitted a
          menyampaikan      Pernyataan    Pendaftaran                            Statement of Registration for a Public Company
          Perusahaan Publik kepada Ketua Badan                                   to the Chairman of Capital Market and Financial
          Pengawas Pasar Modal dan Lembaga                                       Institution Supervisory Agency ("Bapepam-LK")
          Keuangan     ("Bapepam-LK")    di   Jakarta.                           in Jakarta. Based on the Letter of the Chairman
          Berdasarkan Surat Ketua Bapepam-LK                                     of Bapepam-LK No. S-1565/PM/2003 dated
          No. S-1565/PM/2003 tanggal 30 Juni 2003,                               June 30, 2003, the Bank stated effectively as a
          Bank dinyatakan efektif menjadi perusahaan                             public company.
          publik.

          Selanjutnya   Bank    mencatatkan   saham                              Subsequently, on August 8, 2003, the Bank
          perdananya sebanyak 1.529.336.690 lembar                               listed its shares totaled to 1,529,336,690 shares
          saham dengan nominal Rp100 (Rupiah penuh)                              with par value per share of Rp100 (full Rupiah)
          per lembar saham di Bursa Efek Indonesia                               in     the     Indonesia       Stock    Exchange
          (dahulu Bursa Efek Surabaya) pada tanggal                              (formerly Surabaya Stock Exchange) based on
          8   Agustus     2003,  berdasarkan   Surat                             the Approval Letter for the First Listing of the
          Persetujuan Pencatatan Awal Saham Bank                                 Bank’s       Shares        No. JKT-007/LIST/BES/
          No.    JKT-007/LIST/BES/VIII/2003  tanggal                             VIII/2003, dated August 7, 2003.
          7 Agustus 2003.

     c.   Penawaran Umum Terbatas Saham Bank                                c.   Limited Public Offering of the Bank's Shares

          Pada tanggal 9 Oktober 2003, Bank                                      On October 9, 2003, the Bank submitted a
          menyampaikan      Pernyataan    Pendaftaran                            Statement of Registration for a Limited Public
          Penawaran Umum Terbatas I kepada Ketua                                 Offering I to the Chairman of Bapepam-LK in
          Bapepam-LK dalam rangka penerbitan Hak                                 accordance with the issuance of Pre-emptive
          Memesan Efek Terlebih Dahulu sebanyak                                  Rights for 305,867,338 common shares
          305.867.338 Saham Biasa Atas Nama dengan                               with par value of Rp100 (full Rupiah) per
          nilai nominal Rp100 (Rupiah penuh) setiap                              share. On        November    7,   2003,   the
          lembar saham. Pada tanggal 7 November 2003,                            Chairman of Bapepam-LK, through Letter
          Ketua      Bapepam-LK      melalui    Surat                            No. S-2718/PM/2003, approved the statement
          No. S-2718/PM/2003, menyetujui pernyataan                              of registration.
          pendaftaran tersebut.




                                                                11
Page 614
                                                                    The original financial statements included herein are in the
                                                                                                          Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                    PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                  As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                            and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                             (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                     unless otherwise stated)


1.   UMUM (lanjutan)                                             1. GENERAL (continued)

     c.   Penawaran Umum Terbatas Saham Bank                        c.   Limited Public Offering of the Bank's Shares
          (lanjutan)                                                     (continued)

          Dari Penawaran Umum Terbatas I, Bank dapat                     From the Limited Public Offering I, the Bank
          meningkatkan jumlah modal saham sebesar                        increased its share capital by Rp30,586,734.
          Rp30.586.734.

          Pada tanggal 14 Maret 2005, Bank                               On March 14, 2005, the Bank submitted a
          menyampaikan       Pernyataan    Pendaftaran                   Statement of Registration for a Limited Public
          Penawaran Umum Terbatas II kepada Ketua                        Offering II to the Chairman of Bapepam-LK in
          Bapepam-LK dalam rangka penerbitan Hak                         accordance with the issuance of Pre-emptive
          Memesan Efek Terlebih Dahulu sebanyak                          Rights for 513,857,128 common shares with par
          513.857.128 Saham Biasa Atas Nama dengan                       value of Rp100 (full Rupiah) per share. On April
          nilai nominal Rp100 (Rupiah penuh) setiap                      12, 2005, the Chairman of Bapepam-LK,
          lembar saham. Pada tanggal 12 April 2005,                      through Letter No. S-757/PM/2005, approved
          Ketua       Bapepam-LK      melalui    Surat                   the statement of registration. From the Limited
          No. S-757/PM/2005 menyetujui pernyataan                        Public Offering II, the Bank increased its share
          pendaftaran tersebut. Dari penawaran umum                      capital by Rp51,385,713.
          terbatas II, Bank dapat meningkatkan jumlah
          modal saham sebesar Rp51.385.713.

          Pada tanggal 24 Maret 2009, Bank                               On March 24, 2009, the Bank increased its
          meningkatkan modal disetornya sebanyak                         share capital by 64,000,000 common shares
          64.000.000 saham melalui penambahan modal                      through the issuance of additional share capital
          tanpa penerbitan Hak Memesan Efek Terlebih                     without Pre-emptive Rights. The additional
          Dahulu. Peningkatan modal tersebut dilakukan                   share capital was issued by Dana Pensiun
          oleh Dana Pensiun Perkebunan, pemegang                         Perkebunan, as controlling shareholder of the
          saham pengendali Bank.                                         Bank.

          Pada tanggal 28 September 2009, Bank                           On September 28, 2009, the Bank submitted a
          menyampaikan       Pernyataan    Pendaftaran                   Statement of Registration for a Limited Public
          Penawaran Umum Terbatas III kepada Ketua                       Offering III to the Chairman of Bapepam-LK in
          Bapepam-LK dalam rangka penerbitan Hak                         accordance with the issuance of Pre-emptive
          Memesan Efek Terlebih Dahulu sebanyak                          Rights for 1,040,632,622 common shares with
          1.040.632.622 Saham Biasa Atas Nama                            par    value      of   Rp100    (full    Rupiah)
          dengan nilai nominal Rp100 (Rupiah penuh)                      per share. On November 9, 2009, the
          setiap    lembar   saham.     Pada   tanggal                   Chairman of Bapepam-LK, through Letter No.
          9 November 2009, Ketua Bapepam-LK melalui                      S-9827/BL/2009, approved the Statement of
          Surat    No.    S-9827/BL/2009     menyetujui                  Registration for a Limited Public Offering III.
          Pernyataan Penawaran Umum Terbatas III                         From the Limited Public Offering III, the Bank
          tersebut. Dari penawaran umum terbatas ini                     has    increased     its  share     capital   by
          Bank telah meningkatkan jumlah modal                           1,005,144,172 shares.
          sahamnya sebanyak 1.005.144.172 lembar
          saham.

          Pada Penawaran Umum Terbatas III tersebut,                     In the Limited Public Offering III, the Bank also
          Bank juga menerbitkan waran sejumlah                           issued 502,572,084 warrants convertible into
          502.572.084 lembar yang dapat dikonversi                       shares of the Bank with each nominal value of
          menjadi saham Bank dengan nilai nominal                        Rp100 (full Rupiah). Until May 25, 2011 (ending
          Rp100 per lembar (Rupiah penuh). Sampai                        period of warrants conversion), the total
          dengan tanggal 25 Mei 2011 (akhir dari konversi                warrants that have been converted into shares
          waran), jumlah waran yang telah dikonversi                     is 199,890,250 shares, thereby increasing the
          menjadi saham sejumlah 199.890.250 lembar,                     Bank’s share capital by Rp19,989,025.
          sehingga meningkatkan modal saham Bank
          sebesar Rp19.989.025.




                                                            12
Page 615
                                                                 The original financial statements included herein are in the
                                                                                                       Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                 PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                              NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                               As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                         and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                          (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                  unless otherwise stated)


1.   UMUM (lanjutan)                                          1. GENERAL (continued)

     c.   Penawaran Umum Terbatas Saham Bank                     c.   Limited Public Offering of the Bank's Shares
          (lanjutan)                                                  (continued)

          Pada    tanggal    10   Mei    2013,   Bank                 On May 10, 2013, the Bank submitted a
          menyampaikan      Pernyataan     Pendaftaran                Statement of Registration for a Limited Public
          Penawaran Umum Terbatas IV kepada Dewan                     Offering IV to the Board of Commissioners of
          Komisioner Otoritas Jasa Keuangan dalam                     Financial Service Authority in accordance with
          rangka penerbitan Hak Memesan Efek Terlebih                 the issuance of Pre-emptive Rights for
          Dahulu sebanyak 3.846.035.599 Saham Biasa                   3,846,035,599 common shares with par value of
          Atas Nama dengan nilai nominal Rp100 (Rupiah                Rp100 (full Rupiah) per share.
          penuh) setiap lembar saham.

          Pada tanggal 26 Juni 2013, Dewan Komisioner                 On June 26, 2013, the Board of Commissioners
          Otoritas Jasa Keuangan melalui Surat                        of Financial Service Authority, through Letter
          No. S-186/D.04/2013, menyetujui Pernyataan                  No. S-186/D.04/2013, approved the Statement
          Penawaran Umum Terbatas IV tersebut. Dari                   of Registration for a Limited Public Offering IV.
          penawaran umum terbatas ini Bank telah                      From the Limited Public Offering IV, the Bank
          meningkatkan jumlah modal         sahamnya                  has    increased     its   share    capital    by
          sebanyak 3.832.685.599 lembar saham.                        3,832,685,599 shares.

          Pada     tanggal   11   Mei    2015,   Bank                 On May 11, 2015, the Bank submitted a
          menyampaikan      Pernyataan     Pendaftaran                Statement of Registration for a Limited Public
          Penawaran Umum Terbatas V kepada Dewan                      Offering V to the Board of Commissioners of
          Komisioner Otoritas Jasa Keuangan dalam                     Financial Service Authority, in accordance with
          rangka penerbitan Hak Memesan Efek Terlebih                 the issuance of Pre-emptive Rights for
          Dahulu sebanyak 5.588.080.286 Saham Biasa                   5,588,080,286 common shares with par value of
          Atas Nama dengan nilai nominal Rp100 (Rupiah                Rp100 (full Rupiah) per share. On June 17,
          penuh) setiap lembar saham. Pada tanggal                    2015, the Board of Commissioners of Financial
          17 Juni 2015, Dewan Komisioner Otoritas Jasa                Service     Authority,    through     its   Letter
          Keuangan melalui Surat No. S-259/D.04/                      No.      S-259/D.04/2015,        declared     the
          2015, menyatakan efektifnya Pernyataan                      effectiveness of the Statement of Registration
          Pendaftaran Penawaran Umum Terbatas V                       for a Limited Public Offering V. From the Limited
          tersebut. Dari penawaran umum terbatas ini                  Public Offering V, the Bank has increased its
          Bank telah meningkatkan jumlah modal                        share capital by 4,028,934,521 shares.
          sahamnya sebanyak 4.028.934.521 lembar
          saham.

          Pada tanggal 17 Oktober 2016, Bank                          On October 17, 2016, the Bank submitted a
          menyampaikan      Pernyataan    Pendaftaran                 Statement of Registration for a Limited Public
          Penawaran Umum Terbatas VI kepada Dewan                     Offering VI to the Board of Commissioners of
          Komisioner Otoritas Jasa Keuangan dalam                     Financial Service Authority, in accordance with
          rangka Penambahan Modal Dengan Hak                          the issuance of Pre-emptive Rights for
          Memesan Efek Terlebih Dahulu (PMHMETD)                      3,845,996,122 common shares with par value of
          sebanyak-banyaknya 3.845.996.122 saham                      Rp100 (full Rupiah) per share and also issued
          biasa dengan nilai nominal Rp100 (Rupiah                    Warrants Series II for 616,908,103 shares.
          penuh) per saham dan menerbitkan Waran Seri
          II sebanyak 616.908.103 lembar.

          Pada tanggal 25 November 2016, Dewan                        On November 25, 2016, the Board of
          Komisioner Otoritas Jasa Keuangan melalui                   Commissioners of Financial Service Authority,
          Surat No. S-695/D.04/2016 memberitahu                       through Letter No. S-695/D.04/2016, declared
          mengenai Efektifnya Pernyataan Pendaftaran                  the effectiveness of Statement of Registration
          Penawaran Umum Terbatas VI, sehingga                        for a Limited Public Offering VI that increased
          meningkatkan jumlah modal        sahamnya                   Bank’s share capital by 3,845,996,122 shares.
          sebanyak 3.845.996.122 lembar saham.




                                                         13
Page 616
                                                                   The original financial statements included herein are in the
                                                                                                         Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                   PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                 As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                           and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                            (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                    unless otherwise stated)


1.   UMUM (lanjutan)                                            1. GENERAL (continued)

     c.   Penawaran Umum Terbatas Saham Bank                       c.   Limited Public Offering of the Bank's Shares
          (lanjutan)                                                    (continued)

          Waran Seri II dapat dikonversi menjadi saham                  Warrants Series II can be converted into shares
          Bank dengan nilai Rp130 per lembar (Rupiah                    with value per share of Rp130 (full Rupiah) from
          penuh) dengan periode pelaksanaan dari                        June 9, 2017, until June 11, 2018.
          9 Juni 2017 sampai dengan 11 Juni 2018.

          Sampai dengan tanggal 11 Juni 2018 (akhir dari                Until June 11, 2018 (ending period of warrants
          konversi waran), jumlah waran yang telah                      conversion), the total warrants that have been
          dikonversi   menjadi     saham      sejumlah                  converted into shares is of 612,937,654 thereby
          612.937.654 lembar, sehingga meningkatkan                     increasing the Bank’s share capital by
          modal saham Bank sebesar Rp61.293.765.                        Rp61,293,765.

          Pada tanggal 2 Mei 2017, Bank menyampaikan                    On May 2, 2017, the Bank submitted a
          Pernyataan Pendaftaran Penawaran Umum                         Statement of Registration for a Limited Public
          Terbatas VII kepada Dewan Komisioner                          Offering VII to the Board of Commissioners of
          Otoritas Jasa Keuangan dalam rangka                           Financial Service Authority, in accordance with
          Penambahan Modal Dengan Hak Memesan                           the issuance of Pre-emptive Rights for
          Efek Terlebih Dahulu (PMHMETD) sebanyak-                      2,515,555,707 common shares with par value of
          banyaknya 2.515.555.707 saham biasa dengan                    Rp100 (full Rupiah) per share. On June 12,
          nilai nominal Rp100 (Rupiah penuh) per saham.                 2017, the Board of Commissioners of Financial
          Pada tanggal 12 Juni 2017, Dewan Komisioner                   Service       Authority,     through       Letter
          Otoritas Jasa Keuangan melalui Surat                          No.      S-293/D.04/2017,       declared     the
          No. S-293/D.04/2017, memberitahu mengenai                     effectiveness of the Statement of Registration
          efektifnya Pernyataan Pendaftaran Penawaran                   for a Limited Public Offering VII that increased
          Umum Terbatas VII, sehingga meningkatkan                      Bank’s share capital by 2,515,555,707 shares.
          jumlah      modal     sahamnya      sebanyak
          2.515.555.707 lembar saham.

          Pada     tanggal   16    Juli  2018,   Bank                   On July 16, 2018, the Bank submitted
          menyampaikan       Pernyataan    Pendaftaran                  a Statement of Registration for a Limited Public
          Penawaran Umum Terbatas VIII kepada Dewan                     Offering VIII to the Board of Commissioners of
          Komisioner Otoritas Jasa Keuangan dalam                       Financial Service Authority, in accordance with
          rangka Penambahan Modal Dengan Hak                            the issuance of Pre-emptive Rights for
          Memesan Efek Terlebih Dahulu (PMHMETD)                        5,001,089,604 common shares with par value of
          sebanyak-banyaknya 5.001.089.604 saham                        Rp100 (full Rupiah) per share. On August 30,
          biasa dengan nilai nominal Rp100 (Rupiah                      2018, the Board of Commissioners of Financial
          penuh) per saham. Pada tanggal 30 Agustus                     Service        Authority,     through      Letter
          2018, Dewan Komisioner OJK melalui Surat                      No. S-113/D.04/2018, declared effective the
          No. S-113/D.04/2018 memberitahu mengenai                      Statement of Registration for a Limited Public
          efektifnya Pernyataan Pendaftaran Penawaran                   Offering VIII that increased Bank’s share capital
          Umum Terbatas VIII, sehingga meningkatkan                     by 2,889,085,049 shares.
          jumlah      modal     sahamnya     sebanyak
          2.889.085.049 lembar saham.

          Pada tanggal 30 September 2021, Bank                          On September 30, 2021, the Bank submitted
          menyampaikan      Pernyataan  Pendaftaran                     a Statement of Registration for a Limited Public
          Penawaran Umum Terbatas IX kepada Dewan                       Offering IX to the Board of Commissioners of
          Komisioner Otoritas Jasa Keuangan dalam                       Financial Service Authority, in accordance with
          rangka Penambahan Modal Dengan Hak                            the issuance of Pre-emptive Rights for
          Memesan Efek Terlebih Dahulu (PMHMETD)                        1,054,545,185 common shares with par value of
          sebanyak-banyaknya 1.054.545.185 saham                        Rp100 (full Rupiah) per share.
          biasa dengan nilai nominal Rp100 (Rupiah
          penuh) per saham.




                                                           14
Page 617
                                                                   The original financial statements included herein are in the
                                                                                                         Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                   PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                 As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                           and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                            (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                    unless otherwise stated)


1.   UMUM (lanjutan)                                            1. GENERAL (continued)

     c.   Penawaran Umum Terbatas Saham Bank                       c.   Limited Public Offering of the Bank's Shares
          (lanjutan)                                                    (continued)

          Pada tanggal 18 November 2021, Dewan                          On November 18, 2021, the Board of
          Komisioner        OJK      melalui     Surat                  Commissioners of Financial Service Authority,
          No. S-207/D.04/2021 menyatakan mengenai                       through Letter No. S-207/D.04/2021, declared
          efektifnya Pernyataan Pendaftaran Penawaran                   effective the Statement of Registration for a
          Umum Terbatas IX, sehingga meningkatkan                       Limited Public Offering IX that increased Bank’s
          jumlah      modal     sahamnya     sebanyak                   share capital by 1,054,545,185 shares.
          1.054.545.185 lembar saham.

          Pada tanggal 5 Oktober 2022, Bank                             On October 5, 2022, the Bank submitted a
          menyampaikan       Pernyataan    Pendaftaran                  Statement of Registration for a Limited Public
          Penawaran Umum Terbatas X kepada Dewan                        Offering X to the Board of Commissioners of
          Komisioner Otoritas Jasa Keuangan dalam                       Financial Service Authority, in accordance with
          rangka Penambahan Modal Dengan Hak                            the issuance of Pre-emptive Rights for
          Memesan Efek Terlebih Dahulu (PMHMETD)                        2,320,000,000 common shares with par value of
          sebanyak-banyaknya 2.320.000.000 saham                        Rp100 (full Rupiah) per share. On November
          biasa dengan nilai nominal Rp100 (Rupiah                      30, 2022, the Board of Commissioners of
          penuh) per saham. Pada tanggal 30 November                    Financial Service Authority, through Letter No.
          2022, Dewan Komisioner OJK melalui Surat                      S-250/D.04/2022, declared effective the
          No. S-250/D.04/2022 menyatakan mengenai                       Statement of Registration for a Limited Public
          efektifnya Pernyataan Pendaftaran Penawaran                   Offering X that increased Bank’s share capital
          Umum Terbatas X, sehingga meningkatkan                        by 1,993,201,832 shares.
          jumlah      modal     sahamnya     sebanyak
          1.993.201.832 lembar saham.

     d.   Akuisisi Bank                                            d.   Acquisition of the Bank

          Pada tanggal 19 Agustus 2010, Dana Pensiun                    On August 19, 2010, Dana Pensiun Perkebunan
          Perkebunan selaku pemegang 95,96% saham                       as owner of 95.96% of the Bank’s shares and
          Bank dan PT Bank Rakyat Indonesia (Persero)                   PT Bank Rakyat Indonesia (Persero) Tbk (BRI)
          Tbk (BRI) telah menandatangani Perjanjian                     entered into Sale and Purchase Agreement
          Pengikatan Jual Beli (PPJB) Saham untuk                       (PPJB) of Shares to acquire the shares of the
          mengakuisisi saham Bank dengan total nominal                  Bank with total nominal value of Rp330,296,054
          sebesar Rp330.296.054 untuk 3.030.239.023                     for 3,030,239,023 number of shares at a price
          lembar saham dengan harga Rp109 (Rupiah                       of Rp109 (full Rupiah) per share.
          penuh) per lembar.

          Komposisi kepemilikan saham Bank setelah                      After the acquisition and resale of shares to the
          akuisisi dan setelah dilakukan penjualan saham                public by BRI, the shareholders of the Bank
          kembali kepada publik oleh BRI adalah 76%                     comprises of 76% by BRI, 14% by Dana
          dimiliki oleh BRI, 14% Dana Pensiun                           Pensiun Perkebunan (Dapenbun) and 10% by
          Perkebunan (Dapenbun) dan 10% publik.                         the public.

          Akuisisi ini diselesaikan pada tanggal 3 Maret                The acquisition was completed on March 3,
          2011, berdasarkan Akta Akuisisi No. 14 Notaris                2011, based on the Acquisition Deed No. 14,
          Fathiah Helmi, S.H., dimana BRI memiliki                      Notary Fathiah Helmi, S.H., whereby BRI owned
          88,65% dari seluruh saham yang ditempatkan                    88.65% of the total issued and fully paid shares
          dan disetor penuh dalam Bank, sebagaimana                     of the Bank, as stated in Deed No. 68 dated
          dimuat dalam Akta No. 68 tanggal                              December 29, 2009, Notary Rusnaldy, S.H. The
          29 Desember 2009, Notaris Rusnaldy, S.H. Hal                  above-mentioned matter has considered the
          tersebut di atas telah mempertimbangkan efek                  effects of Warrant Series I that could be
          dari Waran Seri I yang dapat dieksekusi sampai                exercised until May 25, 2011.
          dengan tanggal 25 Mei 2011.




                                                           15
Page 618
                                                                    The original financial statements included herein are in the
                                                                                                          Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                    PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                  As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                            and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                             (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                     unless otherwise stated)


1.   UMUM (lanjutan)                                             1. GENERAL (continued)

     d.   Akuisisi Bank (lanjutan)                                  d.   Acquisition of the Bank (continued)

          Untuk memenuhi Peraturan Bapepam-LK                            In compliance with Bapepam-LK Regulation
          No.       IX.H.1,    Lampiran       Keputusan                  No. IX.H.1, Attachment to Decision of Chairman
          Ketua Bapepam-LK No. Kep-259/BL/2008,                          of Bapepam-LK No. Kep-259/BL/2008 dated
          tanggal 30 Juni 2008, tentang “Pengambilalihan                 June 30, 2008 regarding “Public Company
          Perusahaan Terbuka”, BRI sebagai pengendali                    Takeovers”, BRI, as the new controlling
          baru Bank diwajibkan untuk melaksanakan                        shareholder of the Bank is required to conduct
          Penawaran Tender terhadap saham Bank yang                      mandatory Tender Offer for the remaining
          dimiliki pemegang saham publik. Pernyataan                     shares which are owned by the public. The
          Penawaran Tender telah dinyatakan efektif                      Tender Offer statement became effective on
          pada tanggal 4 Mei 2011 berdasarkan Surat                      May 4, 2011, based on the Letter of Bapepam-
          Ketua Bapepam-LK No. S-4985/BL/2011 dan                        LK Chairman No. S-4985/BL/2011 and was
          telah diumumkan pada 2 (dua) surat kabar                       published on 2 (two) national daily newspapers
          harian nasional pada tanggal 5 Mei 2011.                       on May 5, 2011.

          Masa Penawaran Tender dimulai pada tanggal                     The Tender Offer period started on May 5, 2011
          5 Mei 2011 dan berakhir pada tanggal                           and concluded on May 24, 2011. On the closing
          24 Mei 2011. Pada tanggal penutupan masa                       date of the Tender Offer period, BRI acquired
          Penawaran Tender, terdapat 113.326.500                         113,326,500 additional shares (3.15% of the
          lembar saham (3,15% dari seluruh saham                         total shares of the Bank) from the public. The
          Bank) yang dibeli oleh BRI dari publik. Harga                  Tender Offer price was at Rp182 (full Rupiah)
          Penawaran Tender yang digunakan adalah                         per share.
          sebesar Rp182 (Rupiah penuh) per lembar.

          Pada tanggal 1 Juli 2011, BRI melakukan                        On July 1, 2011, BRI conducted the sale of
          penjualan saham kepada Dapenbun sejumlah                       256,375,502 shares to Dapenbun as a result of
          256.375.502 lembar atas eksekusi opsi beli                     Dapenbun’s exercise of its buy option at a price
          Dapenbun dengan harga Rp109 (Rupiah                            of Rp109 (full Rupiah) per share.
          penuh) per lembar.

          Sesuai    dengan peraturan Bapepam-LK                          Based on Bapepam-LK Regulation No. IX.H.1,
          No. IX.H.1, jangka waktu pengembalian                          the period to return the Tender Offer is within a
          penawaran tender adalah selama 2 (dua) tahun,                  maximum period of 2 (two) years, however, in
          namun khusus untuk Bank, BRI wajib                             the case of the Bank, BRI required to meet the
          memenuhi minimal kepemilikan saham publik                      minimum public share ownership of 10%, no
          sebesar 10%, paling lambat pada tanggal                        later than May 24, 2013. This was to comply
          24 Mei 2013. Hal ini untuk memenuhi Surat                      with the Letter from the Indonesian Stock
          Bursa Efek Indonesia No. S-06472/BEI.PPJ/09-                   Exchange No. S-06472/BEI.PPJ/09-2011 dated
          2011 tanggal 23 September 2011 mengenai                        September 23, 2011, regarding the extension of
          perpanjangan batas waktu peningkatan                           period for the increase of public shares
          kepemilikan saham publik.                                      ownership.

          Sampai dengan tanggal 31 Desember 2011,                        Up to December 31, 2011, the total shares of
          saham Bank yang berhasil dijual ke publik                      the Bank sold to the public amounted to 500,000
          sebesar 500.000 lembar saham, sehingga                         shares, so that BRI’s ownership in the Bank as
          kepemilikan saham BRI di Bank pada tanggal                     of December 31, 2011 is 79.78%, while
          31 Desember 2011 menjadi 79,78% dan                            Dapenbun’s is 14%.
          Dapenbun 14%.

          Selama tahun 2012 dan sampai dengan tanggal                    During the year 2012 and up to May 24, 2013,
          24 Mei 2013 tidak terdapat penjualan saham,                    there were no sales of shares, thus the public
          sehingga kepemilikan saham publik untuk                        share ownership to comply with the Letter from
          memenuhi Surat Bursa Efek Indonesia                            the Indonesia Stock Exchange No. S-06472/
          No. S-06472/BEI.PPJ/09-2011 tanggal 23                         BEI.PPJ/09-2011 dated September 23, 2011 by
          September 2011 sebesar 10% pada tanggal 24                     10% on May 24, 2013, could not met due to the
          Mei 2013, tidak dapat dipenuhi BRI karena tidak                Bank’s inactive share price in the capital market.
          aktifnya harga saham Bank di pasar modal.



                                                            16
Page 619
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                         PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                 and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                  (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                          unless otherwise stated)


1.   UMUM (lanjutan)                                              1. GENERAL (continued)
     e.   Modal Saham Diperoleh Kembali (Saham                       e.     Treasury Stock
          Treasuri)
          Bank melalui surat No. R.303/DIR.01/CSC/03/                       The Bank, through letter No. R.303/DIR.01/CSC
          2024 tanggal 8 Juli 2024 mengajukan                               /03/2024 dated July 8, 2024, has submitted a
          permohonan persetujuan rencana pembelian                          request for approval of the plan to repurchase
          kembali (buyback) saham Bank sebanyak-                            (buyback) up to a maximum of Rp20,000,000 of
          banyaknya sebesar Rp20.000.000 secara                             the Bank's shares, either all at once or in stages.
          sekaligus ataupun bertahap. Rencana buyback                       The Bank's share buyback plan has been
          saham Bank telah disetujui oleh OJK melalui                       approved by OJK through letter No. S-
          surat No. S-118/PB.21/2024 pada tanggal 26                        118/PB.21/2024 on July 26, 2024. From
          Juli 2024. Dari Bulan Oktober 2024 sampai                         October 2024 to December 2024, the Bank has
          dengan Desember 2024, Bank telah melakukan                        purchased 22,817,600 shares with an
          pembelian saham sebanyak 22.817.600 lembar                        acquisition cost of Rp5,969,791.
          saham dengan harga perolehan Rp5.969.791
          Rencana pembelian tersebut mendapat                               The buyback plan was approved at the Bank's
          persetujuan pada Rapat Umum Pemegang                              Extraordinary General Meeting of Shareholders
          Saham Luar Biasa (RUPSLB) Bank pada                               (EGMS) on August 21, 2024, notarized by M.
          tanggal 21 Agustus 2024, yang diaktakan oleh                      Nova Faisal, S.H., M.Kn., in Jakarta. The Bank’s
          Notaris M. Nova Faisal, S.H., M.Kn., di Jakarta.                  buyback shares will be held as treasury stock,
          Buyback saham Bank akan disimpan sebagai                          with the total buyback amounting to a maximum
          saham treasuri dengan jumlah seluruh buyback                      of Rp20,000,000, including buyback fees and
          sebesar-besarnya     Rp20.000.000         sudah                   taxes.
          termasuk biaya buyback dan pajak.
          Kemudian,    Bank    melalui    surat     No.                     The      Bank,      through     letter     No.
          R.120/DIR.01.02/CSC/03/2025           tanggal                     R.120/DIR.01.02/CSC/03/2025 dated March
          18 Maret 2025 mengajukan permohonan                               18, 2025, has submitted a request for approval
          persetujuan rencana pembelian kembali                             of the plan to repurchase (buyback) up to a
          (buyback) saham Bank sebanyak-banyaknya                           maximum of Rp20,000,000 of the Bank's
          sebesar Rp20.000.000. Rencana buyback                             shares, either all at once or in stages. The
          saham Bank telah disetujui oleh OJK melalui                       Bank's share buyback plan has been approved
          surat No. S-36/PB.21/2025 pada tanggal                            by OJK through letter No. S-36/PB.21/2025 on
          27 Maret 2025 perihal Pembelian Kembali                           March 27, 2025
          Saham PT Bank Raya Indonesia Tbk.
          Rencana pembelian tersebut mendapat                               The buyback plan was approved at the Bank’s
          persetujuan pada Rapat Umum Pemegang                              Annual General Meeting of Shareholders
          Saham Tahunan (RUPST) Bank pada tanggal                           (AGMS) on June 25, 2025, notarized by M.
          25 Juni 2025, yang diaktakan oleh Notaris M.                      Nova Faisal, S.H., M.Kn., in Jakarta. The Bank’s
          Nova Faisal, S.H., M.Kn., di Jakarta. Buyback                     buyback shares will be held as treasury stock,
          saham Bank akan disimpan sebagai saham                            with the total buyback amounting to a maximum
          treasuri dengan jumlah seluruh buyback                            of Rp20,000,000, including buyback fees and
          sebesar-besarnya     Rp20.000.000       sudah                     taxes. Until December 2025, the Bank has
          termasuk biaya buyback dan pajak. Hingga                          purchased 65,669,600 shares.
          bulan Desember 2025, Bank telah melakukan
          pembelian saham sebanyak 65.669.600 lembar
          saham.
     f.   Struktur dan Manajemen                                     f.     Structure and Management
          Susunan Dewan Komisaris dan Direksi Bank                          The composition of the Board of Commissioners
          pada tanggal 31 Desember 2025 ditetapkan                          and Directors of the Bank as of December 31,
          berdasarkan Rapat Umum Pemegang Saham                             2025 is based on the Bank’s Annual General
          Tahunan (RUPST) Bank tanggal 25 Juni 2025                         Meeting of Shareholders (AGMS) held on June
          sesuai Akta Pernyataan Keputusan Rapat No.                        25, 2025 stated under Deed of Meeting
          19 tanggal 17 Juli 2025 dari Notaris M. Nova                      Resolution Statements No. 19 dated July 17,
          Faisal, S.H., M.Kn. di Jakarta, yang telah                        2025 of Notary M. Nova Faisal, S.H., M.Kn in
          diterima dan dicatat di dalam Sistem                              Jakarta, that has been received and recorded in
          Administrasi Kementerian Hukum dan Hak                            the Administration System of the Ministry of Law
          Asasi Manusia Republik Indonesia Nomor AHU-                       and Human Rights of the Republic of Indonesia
          0161867.AH.01.11.                                                 No. AHU-0161867.AH.01.11.
                                                             17
Page 620
                                                                                    The original financial statements included herein are in the
                                                                                                                          Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                                        PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                                     NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                                      As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                                and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                                 (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                                         unless otherwise stated)


1.   UMUM (lanjutan)                                                             1. GENERAL (continued)

     f.   Struktur dan Manajemen (lanjutan)                                         f.     Structure and Management (continued)
          Sususan Dewan Komisaris dan Direksi Bank                                         The     composition of   the    Boards   of
          adalah sebagai berikut:                                                          Commissioners and Directors of the Bank are
                                                                                           as follows:
                                                                     31 Desember/
                                                                   December 31, 2025
          Dewan Komisaris                                                                                                   Board of Commissioners
          Komisaris Utama                                        M. Sidik Heruwibowo                                          President Commissioner
          Komisaris Independen                                 Retno Wahyuni Wijayanti                                     Independent Commissioner
          Komisaris Independen                                Johanes Kuntjoro Adisardjono                                 Independent Commissioner
          Komisaris                                            Nyimas Dewi Ratih Kamil                                                  Commissioner


          Direksi                                                                                                         Board of Directors
          Direktur Utama                                          Ida Bagus K. Subagia                                     President Director
          Direktur Keuangan                                        Rustarti Suri Pertiwi                                     Finance Director
          Direktur Digital dan Operasional                           Lukman Hakim                             Digital and Operational Director
          Direktur Manajemen Risiko, Kepatuhan &                                                                Enterprise Risk Management,
              Sumber Daya Manusia                                   Danar Widyantoro               Compliance & Human Resources Director
          Direktur Bisnis                                          Kicky Andrie Davetra                                     Business Director


          Susunan Dewan Komisaris dan Direksi Bank                                         The composition of the Bank's Board of
          pada tanggal 31 Desember 2024 ditetapkan                                         Commissioners and Board of Directors as of
          berdasarkan Rapat Umum Pemegang Saham                                            December 31, 2024 was determined based on
          Luar Biasa (RUPSLB) Bank tanggal 21 Agustus                                      the Bank's Extraordinary General Meeting of
          2024 sesuai Akta Pernyataan Keputusan Rapat                                      Shareholders (EGMS) on August 21, 2024 in
          No. 20 tanggal 27 Agustus 2024 dari Notaris M.                                   accordance with the Deed of Meeting
          Nova Faisal, S.H., M.Kn. di Jakarta, yang telah                                  Resolution Statement No. 20 dated August 27,
          diterima dan dicatat di dalam Sistem                                             2024 from Notary M. Nova Faisal, S.H., M.Kn.
          Administrasi Kementerian Hukum dan Hak                                           in Jakarta, which has been received and
          Asasi Manusia Republik Indonesia No. AHU-                                        recorded in the Administration System of the
          AH.01.09-0244928 tanggal 28 Agustus 2024.                                        Ministry of Law and Human Rights of the
                                                                                           Republic of Indonesia No. AHU-AH.01.09-
                                                                                           0244928 dated August 28, 2024.
                                                                     31 Desember/
                                                                   December 31, 2024
          Dewan Komisaris                                                                                                   Board of Commissioners
          Komisaris Utama                                        M. Sidik Heruwibowo                                          President Commissioner
          Komisaris Independen                                  Retno Wahyuni Wijayanti                                    Independent Commissioner
          Komisaris Independen                                Johanes Kuntjoro Adisardjono                                 Independent Commissioner
          Komisaris                                            Nyimas Dewi Ratih Kamil *)                                               Commissioner
          *) Efektif setelah mendapat persetujuan penilaian kemampuan dan                  *) Effective after obtaining approval from the fit and proper test of the
             kepatutan Otoritas Jasa Keuangan.                                                Financial Services Authority.


          Direksi                                                                                                         Board of Directors
          Direktur Utama                                          Ida Bagus K. Subagia                                     President Director
          Direktur Keuangan                                        Rustarti Suri Pertiwi                                     Finance Director
          Direktur Digital dan Operasional                           Lukman Hakim                             Digital and Operational Director
          Direktur Manajemen Risiko, Kepatuhan &                                                                Enterprise Risk Management,
              Sumber Daya Manusia                                   Danar Widyantoro               Compliance & Human Resources Director
          Direktur Bisnis                                          Kicky Andrie Davetra                                     Business Director




                                                                            18
Page 621
                                                                            The original financial statements included herein are in the
                                                                                                                  Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                                PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                              As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                        and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                         (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                                 unless otherwise stated)


1.   UMUM (lanjutan)                                                    1. GENERAL (continued)

     f.   Struktur dan Manajemen (lanjutan)                                 f.     Structure and Management (continued)

          Susunan Komite Audit Bank pada tanggal                                   The composition of the Audit Committee of the
          31   Desember      2025   yang    ditetapkan                             Bank as of December 31, 2025, based on the
          berdasarkan Surat Keputusan Direksi No. Kpts.                            Decision Letter of the Board of Directors No.
          R.    169/Dir.01.03/HCP/09/2025       tanggal                            Kpts. R. 169/Dir.01.03/HCP/09/2025 dated
          30 September 2025, adalah sebagai berikut:                               September 30, 2025, are as follows:

          Ketua                                  Johanes Kuntjoro Adisardjono                                               Chairman
          Anggota                                   Retno Wahyuni Wijayanti                                                  Member
          Anggota                                  Sus Kiranawati Handayani                                                  Member
          Anggota                                         Gafyunedi                                                          Member

          Susunan Komite Audit Bank pada tanggal                                   The composition of the Audit Committee of the
          31   Desember      2024    yang     ditetapkan                           Bank as of December 31, 2024 based on
          berdasarkan    Surat     Keputusan      Direksi                          Decision Letter of Board of Directors No.
          No. Kpts.R.147/Dir.01.02/HCP/05/2024 tanggal                             Kpts.R.147/Dir.01.02/HCP/05/2024 dated May
          30 Mei 2024, adalah sebagai berikut:                                     30, 2024, are as follows:

          Ketua                                  Johanes Kuntjoro Adisardjono                                               Chairman
          Anggota                                    Ari Setyo Wibowo                                                        Member
          Anggota                                Sus Kiranawati Handayani                                                    Member

          Pada tanggal 31 Desember 2025 dan 2024,                                  As of December 31, 2025 and 2024, the
          Sekretaris Perusahaan Bank adalah Ajeng Putri                            Corporate Secretary of the Bank is Ajeng Putri
          Hapsari sesuai dengan Surat Keputusan Direksi                            Hapsari based on the Board of Directors
          Bank No. R.109/Dir.01.03/HCP/TML/03/2022                                 Decision    Letter    No.    R.109/Dir.01.03/
          tanggal 14 Maret 2022.                                                   HCP/TML/03/2022, dated March 14, 2022.

          Pada tanggal 31 Desember 2025, Kepala                                    As of December 31, 2025, the Bank’s
          Satuan Kerja Audit Internal Bank adalah                                  Head of Internal Audit Task Force is
          Muhammad Antariksa berdasarkan SK No.                                    Muhammad Antariksa, based on SK No.
          R.30/Dir.01.04/HCP/02/2025       tanggal                                 R.30/Dir. 01.04/HCP/02/2025 dated February
          19 Februari 2025.                                                        19, 2025.

          Pada tanggal 31 Desember 2024, Kepala                                    As of December 31, 2024, the Bank’s Head of
          Satuan Kerja Audit Internal Bank adalah                                  Internal Audit Task Force is Swasti
          Swasti Dian Anggaini berdasarkan SK                                      Dian    Anggaini   based    on    SK   No.
          No.     Kpts.   R.445/Dir.01.04/HCP/11/2024                              Kpts. R. 445/Dir.01.04/HCP/11/2024 dated
          tanggal 29 November 2024.                                                November 29, 2024.

          Berdasarkan kebijakan Bank, manajemen kunci                              Based on the Bank’s policies, key management
          Bank mencakup anggota dewan komisaris,                                   of the Bank consists of members of the board
          direksi, komite audit, komite remunerasi, kepala                         commissioners, board of directors, audit
          divisi, kepala bagian langsung dibawah direksi                           committee, remuneration committee, division
          dan kepala cabang.                                                       heads, department heads directly reporting to
                                                                                   the directors and branch heads.

          Pada tanggal-tanggal 31 Desember 2025 dan                                As of December 31, 2025 and 2024, the Bank
          2024, Bank memiliki karyawan tetap dan                                   has permanent and non-permanent employees
          karyawan tidak tetap sebagai berikut (tidak                              as follows (unaudited):
          diaudit):
                                              31 Desember/             31 Desember/
                                            December 31, 2025        December 31, 2024
          Tetap                                          772                         660                                     Permanent
          Tidak tetap                                    171                         226                                 Non-permanent
          Total                                          943                         886                                           Total



                                                                19
Page 622
                                                                 The original financial statements included herein are in the
                                                                                                       Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                 PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                              NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                               As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                         and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                          (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                  unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                    2. SUMMARY     OF MATERIAL                  ACCOUNTING
     MATERIAL                                                     POLICIES INFORMATION
     Pernyataan Kepatuhan                                        Statement of Compliance

     Laporan keuangan pada tanggal 31 Desember                   The financial statements as of December 31, 2025
     2025 dan untuk tahun yang berakhir pada tanggal             and for the year then ended, is prepared and
     tersebut telah disusun dan disajikan sesuai dengan          presented in accordance with Indonesian Financial
     Standar Akuntansi Keuangan di Indonesia, yang               Accounting     Standards,    which   include    the
     mencakup       Pernyataan     Standar    Akuntansi          Statements of Financial Accounting Standards
     Keuangan (PSAK) dan Interpretasi Standar                    (SFAS) and Interpretations of Financial Accounting
     Akuntansi Keuangan (ISAK) yang dikeluarkan                  Standards (IFAS) issued by the Financial Accounting
     oleh Dewan Standar Akuntansi Keuangan                       Standards Board of the Indonesian Institute of
     Ikatan Akuntan Indonesia (DSAK-IAI) dan                     Accountants (DSAK-IAI) and Indonesian Capital
     Peraturan Badan Pengawas Pasar Modal dan                    Market and Financial Institutions Supervisory
     Lembaga Keuangan (Bapepam-LK) No. VIII.G.7                  Agency (Bapepam-LK) Regulation No. VIII.G.7
     lampiran     keputusan      Ketua     Bapepam-LK            appendix of the Decision of the Chairman of
     No. KEP-347/BL/2012 tanggal 25 Juni 2012                    Bapepam-LK No. KEP-347/BL/2012 dated June 25,
     tentang “Penyajian dan Pengungkapan Laporan                 2012 regarding the “Guidelines on Financial
     Keuangan Emiten atau Perusahaan Publik”.                    Statements Presentations and Disclosures for
                                                                 Issuers or Public Companies”.

     a.   Dasar   Pengukuran       dan    Penyusunan             a.   Basis of Measurement and Preparation of
          Laporan Keuangan                                            the Financial Statements

          Laporan keuangan disusun sesuai dengan                      The financial statements have been presented
          PSAK 201: “Penyajian Laporan Keuangan.                      in conformity with the SFAS 201: “Presentation
                                                                      of Financial Statements”.

          Laporan keuangan disusun berdasarkan nilai                  The financial statements have been prepared
          historis, kecuali untuk beberapa akun yang                  on a historical cost basis, except for some
          dinilai menggunakan dasar pengukuran lain                   accounts which were assessed using another
          sebagaimana dijelaskan pada kebijakan                       measurement basis as explained in the
          akuntansi dari akun tersebut. Laporan                       accounting policy for such accounts. The
          keuangan disusun dengan dasar akrual, kecuali               financial statements have been prepared on
          laporan arus kas.                                           accrual basis, except for statement of
                                                                      cashflows.

          Laporan     arus     kas   disusun dengan                   The statement of cash flows were prepared
          menggunakan metode langsung dengan                          using the direct method by classifying the cash
          mengelompokkan arus kas dalam aktivitas                     flows into operating, investing and financing
          operasi, investasi dan pendanaan.                           activities.

          Untuk keperluan laporan arus kas, yang                      For the statement of cash flows purposes, cash
          termasuk kas dan setara kas terdiri dari kas,               and cash equivalents consist of cash, current
          giro pada Bank Indonesia dan giro pada bank                 accounts with Bank Indonesia and current
          lain, dan penempatan pada Bank Indonesia                    accounts with other banks, and placements with
          dan bank lain yang jatuh tempo dalam waktu 3                Bank Indonesia and other banks maturing within
          (tiga) bulan sejak tanggal perolehan,                       3 (three) months or less from the acquisition
          sepanjang tidak digunakan sebagai jaminan                   date provided that they are neither pledged as
          atas pinjaman yang diterima serta tidak                     collateral for fund borrowings nor restricted.
          dibatasi penggunaannya.

          Mata uang penyajian yang digunakan dalam                    The presentation currency used in the financial
          laporan keuangan adalah mata uang Rupiah                    statements is the Indonesian Rupiah (Rp) which
          (Rp) yang juga merupakan mata uang                          also the Bank’s functional currency. Unless
          fungsional Bank. Angka-angka yang disajikan                 otherwise stated, all figures presented in the
          dalam laporan keuangan, kecuali bila                        financial statements are rounded off to
          dinyatakan secara khusus, adalah dibulatkan                 thousands of Rupiah.
          dalam ribuan Rupiah.


                                                          20
Page 623
                                                                        The original financial statements included herein are in the
                                                                                                              Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                        PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                      As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                 (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                         unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                          2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)

     b.   Aset keuangan dan liabilitas keuangan                         b.   Financial assets and financial liabilities

          Aset keuangan terdiri dari kas, giro pada Bank                     Financial assets consist of cash, current
          Indonesia, giro pada bank lain, penempatan                         accounts with Bank Indonesia, current accounts
          pada Bank Indonesia dan bank lain, efek-efek,                      with other banks, placements with Bank
          efek-efek yang dibeli dengan janji dijual                          Indonesia and other banks, securities,
          kembali, kredit yang diberikan, penyertaan                         securities purchased under agreement to resell,
          saham dan aset lain-lain (piutang bunga dan                        loans, investment in shares of stocks and other
          piutang lain-lain).                                                assets (interest receivables and other
                                                                             receivables).

          Liabilitas keuangan terdiri dari liabilitas segera,                Financial liabilities consist of liabilities due
          simpanan nasabah, simpanan dari bank lain,                         immediately, deposits from customers, deposits
          efek-efek yang dijual dengan janji dibeli                          from other banks, securities sold under
          kembali, pinjaman yang diterima, dan liabilitas                    agreement to repurchase, fund borrowings, and
          lain-lain (bunga yang masih harus dibayar,                         other liabilities (interest payable, lease liabilities,
          liabilitas sewa, dan setoran jaminan).                             and guarantee deposits).

          (i)   Klasifikasi                                                  (i)   Classification

                Untuk menentukan kategori dan klasifikasi,                         To determine category and classification,
                Bank menilai seluruh aset keuangan,                                the Bank assesses all financial assets,
                kecuali instrumen ekuitas dan derivatif,                           except equity and derivative instruments,
                berdasarkan kombinasi dari model bisnis                            based on a combination of the asset
                pengelolaan aset dan karakteristik arus kas                        management business model and the
                kontraktual instrumen terkait. Berikut                             contractual cash flows characteristics of the
                klasifikasi aset keuangan pada saat                                related instruments. The following are the
                pengakuan awal:                                                    classifications of financial assets at initial
                                                                                   recognition:

                   Aset keuangan yang diukur pada biaya                              Financial      assets   measured   at
                    perolehan diamortisasi;                                            amortized cost;
                   Aset keuangan, dalam hal ini instrumen                            Financial assets, in this case debt
                    utang, yang diukur pada nilai wajar                                instruments, measured at fair value
                    melalui penghasilan komprehensif lain,                             through other comprehensive income,
                    dengan keuntungan/kerugian diakui                                  with gains/losses recognized in profit
                    pada laba rugi pada saat pelepasan;                                or loss on disposal;
                   Aset keuangan, dalam hal ini instrumen                            Financial assets, in this case equity
                    ekuitas, yang diukur pada nilai wajar                              instruments, measured at fair value
                    melalui penghasilan komprehensif lain                              through other comprehensive income
                    dengan keuntungan/kerugian tidak                                   with gains/losses not recognized in
                    diakui pada laba rugi pada saat                                    profit or loss on disposal; or
                    pelepasan; atau
                   Aset keuangan yang diukur pada nilai                              Financial assets measured at fair value
                    wajar melalui laba rugi.                                           through profit or loss.

                Bank mengklasifikasi dan mengukur                                  The Bank classifies and measures
                instrumen derivatif dan portofolio trading                         derivative     instruments     and   trading
                pada aset keuangan yang diakui pada nilai                          portfolios on financial assets recognized at
                wajar melalui laba rugi.                                           fair value through profit or loss.




                                                                21
Page 624
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                     PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                             and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                              (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                      unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                             POLICIES INFORMATION (continued)

     b.   Aset keuangan dan liabilitas keuangan                      b.   Financial assets and financial liabilities
          (lanjutan)                                                      (continued)

          (i)   Klasifikasi (lanjutan)                                    (i)   Classification (continued)

                Aset keuangan diukur pada biaya                                 Financial assets are measured at
                perolehan diamortisasi jika memenuhi                            amortized cost if the following conditions
                kondisi sebagai berikut:                                        are met:

                   Aset keuangan dikelola dalam model                             Financial assets are managed in a
                    bisnis yang bertujuan untuk memiliki                            business model that aims to hold
                    aset    keuangan     dalam    rangka                            financial assets in order to obtain
                    mendapatkan arus kas kontraktual; dan                           contractual cash flows; and
                   Persyaratan kontraktual dari aset                              The contractual terms of the financial
                    keuangan tersebut memberikan hak                                asset entitle at a specified date, cash
                    pada tanggal tertentu atas arus kas                             flows derived solely from payment of
                    yang     diperoleh     semata     dari                          the principal and interest on the
                    pembayaran pokok dan bunga dari                                 outstanding principal amount.
                    jumlah pokok terutang.

                Aset keuangan diukur pada nilai wajar                           Financial assets are measured at fair value
                melalui penghasilan komprehensif lain jika                      through other comprehensive income if the
                memenuhi kondisi sebagai berikut:                               following conditions are met:

                   Aset keuangan dikelola dalam model                             Financial assets are managed in a
                    bisnis    yang     bertujuan   untuk                            business model that aims to collect
                    mendapatkan arus kas kontraktual dan                            contractual cash flows and sell
                    menjual aset keuangan; dan                                      financial assets; and
                   Persyaratan kontraktual dari aset                              The contractual terms of the financial
                    keuangan tersebut memberikan hak                                asset entitle at a specified date, cash
                    pada tanggal tertentu atas arus kas                             flows derived solely from payment the
                    yang     diperoleh     semata    dari                           principal and interest on the
                    pembayaran pokok dan bunga dari                                 outstanding principal amount.
                    jumlah pokok terutang.

                Aset keuangan lainnya yang tidak                                Other financial assets that do not meet the
                memenuhi           persyaratan       untuk                      requirements      for   classification    as
                diklasifikasikan sebagai diukur pada biaya                      measured at amortized cost or fair value
                perolehan diamortisasi atau nilai wajar                         through other comprehensive income, are
                melalui penghasilan komprehensif lain,                          classified as measured at fair value through
                diklasifikasikan sebagai diukur pada nilai                      profit or loss.
                wajar melalui laba rugi.

                Saat pengakuan awal, Bank dapat                                 At initial recognition, the Bank may make an
                membuat penetapan yang tidak dapat                              irrevocable determination to measure
                dibatalkan untuk mengukur aset yang                             assets that meet the requirements to be
                memenuhi persyaratan untuk diukur pada                          measured at amortized cost or fair value
                biaya perolehan diamortisasi atau nilai                         through other comprehensive income at fair
                wajar melalui penghasilan komprehensif                          value through profit or loss, if that
                lain pada nilai wajar melalui laba rugi,                        designation eliminates or significantly
                apabila penetapan tersebut mengeliminasi                        reduces measurement or recognition
                atau    secara   signifikan  mengurangi                         inconsistencies (sometimes referred to as
                inkonsistensi pengukuran atau pengakuan                         "accounting mismatch").
                (kadang disebut sebagai “accounting
                mismatch”).



                                                             22
Page 625
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                       PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                        unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                         2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                               POLICIES INFORMATION (continued)

     b.   Aset keuangan dan liabilitas keuangan                        b.   Financial assets and financial liabilities
          (lanjutan)                                                        (continued)

          (i)   Klasifikasi (lanjutan)                                      (i)   Classification (continued)

                Pada saat pengakuan awal, Bank dapat                              At initial recognition, the Bank may make an
                membuat pilihan yang tidak dapat                                  irrevocable choice to present equity
                dibatalkan untuk menyajikan instrumen                             instruments that are not held for trading at
                ekuitas yang bukan dimiliki untuk di                              fair value through other comprehensive
                perdagangkan pada nilai wajar melalui                             income.
                penghasilan komprehensif lain.

                Penilaian model bisnis                                            Business model assessment

                Model bisnis ditentukan pada level yang                           The business model is defined at a level
                mencerminkan bagaimana kelompok aset                              that reflects how groups of financial assets
                keuangan dikelola bersama-sama untuk                              are managed together to achieve specific
                mencapai tujuan bisnis tertentu.                                  business objectives.

                Penilaian model bisnis dilakukan dengan                           The business model assessment is carried
                mempertimbangkan, tetapi tidak terbatas                           out by considering, but not limited to, the
                pada, hal-hal berikut:                                            following:

                   Bagaimana kinerja dari model bisnis                              How is the performance of the
                    dan aset keuangan yang dimiliki dalam                             business model and financial assets
                    model bisnis dievaluasi dan dilaporkan                            held in the business model evaluated
                    kepada personil manajemen kunci                                   and reported to key management
                    Bank;                                                             personnel of the Bank;
                   Apakah risiko yang memengaruhi                                   What are the risks that affect the
                    kinerja dari model bisnis (termasuk aset                          performance of the business model
                    keuangan yang dimiliki dalam model                                (including financial assets held in the
                    bisnis) dan khususnya bagaimana cara                              business model) and specifically how
                    aset keuangan tersebut dikelola; dan                              those financial assets are managed;
                                                                                      and
                   Bagaimana penilaian kinerja pengelola                            How is the performance of the financial
                    aset keuangan (sebagai contoh,                                    asset manager assessed (for example,
                    apakah penilaian kinerja berdasarkan                              is the performance assessment based
                    nilai wajar dari aset yang dikelola atau                          on the fair value of the managed
                    arus kas kontraktual yang diperoleh).                             assets or the contractual cash flows
                                                                                      obtained).

                Aset keuangan yang dimiliki untuk                                 Financial assets held for trading and
                diperdagangkan dan penilaian kinerja                              performance assessment based on fair
                berdasarkan nilai wajar diukur pada nilai                         value are measured at fair value through
                wajar melalui laba rugi.                                          profit or loss.




                                                               23
Page 626
                                                                           The original financial statements included herein are in the
                                                                                                                 Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                           PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                         As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                   and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                    (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                            unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                             2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                   POLICIES INFORMATION (continued)

     b.   Aset keuangan dan liabilitas keuangan                            b.   Financial assets and financial liabilities
          (lanjutan)                                                            (continued)

          (i)   Klasifikasi (lanjutan)                                          (i)   Classification (continued)

                Penilaian mengenai arus kas kontraktual                               Assessment of the contractual cash flows
                yang diperoleh semata dari pembayaran                                 derived solely from payments of principal
                pokok dan bunga.                                                      and interest.

                Untuk tujuan penilaian ini, pokok                                     For the purposes of this valuation, principal
                didefinisikan sebagai nilai wajar dari aset                           is defined as the fair value of the financial
                keuangan pada saat pengakuan awal.                                    asset at initial recognition. Interest is
                Bunga didefinisikan sebagai imbalan untuk                             defined as the consideration for the time
                nilai waktu atas uang dan risiko kredit                               value of money and credit risk related to the
                terkait jumlah pokok terutang pada periode                            principal amount owed in a specific period
                waktu tertentu dan juga risiko dan biaya                              of time as well as standard borrowing risks
                peminjaman standar, dan juga marjin laba.                             and costs, as well as profit margin.

                Penilaian mengenai arus kas kontraktual                               The assessment of contractual cash flows
                yang diperoleh semata dari pembayaran                                 derived solely from payments of principal
                pokok dan bunga dilakukan dengan                                      and interest is made by considering the
                mempertimbangkan              persyaratan                             contractual terms, including whether the
                kontraktual,   termasuk    apakah    aset                             financial asset contains contractual terms
                keuangan     mengandung       persyaratan                             that can change the timing or amount of the
                kontraktual yang dapat merubah waktu                                  contractual cash flows.
                atau jumlah arus kas kontraktual.

                Dalam   melakukan        penilaian,      Bank                         In conducting the assessment, the Bank
                mempertimbangkan:                                                     considers:

                   Peristiwa kontinjensi yang akan                                      Contingent events that will change the
                    mengubah waktu atau jumlah arus kas                                   timing or amount of contractual cash
                    kontraktual;                                                          flows;
                   Fitur leverage;                                                      Leverage feature;
                   Persyaratan pembayaran dimuka dan                                    Requirements for prepayments and
                    perpanjangan kontraktual;                                             contractual extensions;
                   Persyaratan mengenai klaim yang                                      Requirements regarding claims that
                    terbatas atas arus kas yang berasal dari                              are limited to cash flows arising from
                    aset spesifik; dan                                                    specific assets; and
                   Fitur yang dapat merubah nilai waktu                                 Features that can change the time
                    dari elemen uang.                                                     value of the money element.

                Bank     mengklasifikasikan           liabilitas                      The Bank classifies financial liabilities into
                keuangan dalam kategori:                                              the following categories:

                   Liabilitas keuangan yang diukur pada                                 Financial liabilities measured at fair
                    nilai wajar melalui laba rugi;                                        value through profit or loss;
                   Liabilitas keuangan yang diukur dengan                               Financial liabilities measured at
                    biaya perolehan diamortisasi.                                         amortized cost.




                                                                   24
Page 627
                                                                        The original financial statements included herein are in the
                                                                                                              Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                        PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                      As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                 (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                         unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                          2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)

     b.   Aset keuangan dan liabilitas keuangan                         b.   Financial assets and financial liabilities
          (lanjutan)                                                         (continued)

          (i)   Klasifikasi (lanjutan)                                       (i)   Classification (continued)

                Liabilitas keuangan yang diukur pada nilai                         Financial liabilities measured at fair value
                wajar melalui laba rugi terdiri dari dua sub-                      through profit or loss consist of two sub-
                kategori,     yaitu  liabilitas    keuangan                        categories, namely financial liabilities
                diklasifikasikan sebagai diperdagangkan                            classified as trading and financial liabilities
                dan liabilitas keuangan yang pada saat                             which upon initial recognition have been
                pengakuan awal telah ditetapkan oleh                               determined by the Bank to be measured at
                Bank untuk diukur pada nilai wajar melalui                         fair value through profit or loss.
                laba rugi.

                Liabilitas  keuangan       diklasifikasikan                        A financial liability is classified as trading if
                sebagai diperdagangkan jika diperoleh                              it is acquired primarily for the purpose of
                terutama untuk tujuan dijual atau dibeli                           selling or repurchasing in the near term or
                kembali dalam waktu dekat atau jika                                if it is part of a jointly managed portfolio of
                merupakan     bagian    dari     portofolio                        certain financial instruments and there is
                instrumen keuangan tertentu yang dikelola                          evidence of a recent short-term profit taking
                bersama dan terdapat bukti mengenai pola                           pattern.
                ambil untung dalam jangka pendek yang
                terkini.

                Derivatif diklasifikasikan sebagai liabilitas                      Derivatives are classified as liabilities for
                diperdagangkan kecuali ditetapkan dan                              trading unless they are designated and
                efektif sebagai instrumen lindung nilai.                           effective as hedging instruments.

                Bank mengklasifikasikan seluruh liabilitas                         The Bank classifies all financial liabilities
                keuangan setelah pengakuan awal diukur                             after initial recognition measured at
                pada biaya perolehan diamortisasi, kecuali:                        amortized cost, except:

                   Liabilitas keuangan yang diukur pada                               Financial liabilities measured at fair
                    nilai wajar melalui laba rugi;                                      value through profit or loss;
                   Liabilitas keuangan yang timbul ketika                             Financial liabilities that arise when a
                    pengalihan aset keuangan tidak                                      transfer of a financial asset does not
                    memenuhi        syarat       penghentian                            qualify for derecognition or when the
                    pengakuan atau ketika pendekatan                                    continuing involvement approach is
                    keterlibatan berkelanjutan diterapkan;                              applied;
                   Kontrak jaminan keuangan;                                          Financial guarantee contracts;
                   Komitmen        untuk      menyediakan                             Commitment to provide loans at below
                    pinjaman dengan suku bunga di bawah                                 market interest rates; or
                    pasar; atau
                   Imbalan kontinjensi yang diakui oleh                               Contingent benefits recognized by the
                    pihak pengakuisisi dalam kombinasi                                  acquirer in the business combination.
                    bisnis.




                                                                25
Page 628
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                     PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                             and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                              (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                      unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                             POLICIES INFORMATION (continued)

     b.   Aset keuangan dan liabilitas keuangan                      b.   Financial assets and financial liabilities
          (lanjutan)                                                      (continued)

          (ii) Pengakuan awal                                             (ii) Initial recognition

                Pembelian atau penjualan aset                                     Purchase or sale of financial assets
                 keuangan        yang       memerlukan                              that requires delivery of assets within a
                 penyerahan aset dalam kurun waktu                                  time frame established by regulation or
                 yang telah ditetapkan oleh peraturan                               convention in the market (regular
                 dan kebiasaan yang berlaku di pasar                                purchase) is recognized on the trade
                 (pembelian secara reguler) diakui pada                             date.
                 tanggal transaksi.
                Aset keuangan dan liabilitas keuangan                             Financial assets and financial liabilities
                 pada awalnya diukur pada nilai                                     are initially recognized at fair value. For
                 wajarnya. Dalam hal aset keuangan                                  those financial assets or financial
                 atau liabilitas keuangan tidak diukur                              liabilities not measured at fair value
                 pada nilai wajar melalui laba rugi, nilai                          through profit or loss, the fair value
                 wajar tersebut ditambah biaya transaksi                            includes         directly      attributable
                 yang dapat diatribusikan secara                                    transaction costs. The subsequent
                 langsung. Pengukuran aset keuangan                                 measurement of financial assets and
                 dan liabilitas keuangan setelah                                    financial liabilities depends on their
                 pengakuan awal tergantung pada                                     classification.
                 klasifikasinya.

             Biaya transaksi hanya meliputi biaya-biaya                        Transaction costs only include costs that
             yang dapat diatribusikan secara langsung                          are directly attributable to the acquisition of
             untuk perolehan suatu aset keuangan atau                          a financial asset or issuance of a financial
             penerbitan suatu liabilitas keuangan dan                          liability and are incremental costs that
             merupakan biaya tambahan yang tidak                               would not have been incurred if the
             akan terjadi apabila instrumen keuangan                           instrument had not been acquired or
             tersebut tidak diperoleh atau diterbitkan.                        issued.

             Untuk aset keuangan, biaya transaksi                              In the case of financial assets, transaction
             ditambahkan pada jumlah yang diakui pada                          costs are added to the amount initially
             awal pengakuan aset, sedangkan untuk                              recognized, while for financial liabilities,
             liabilitas keuangan, biaya transaksi                              transaction costs are deducted from the
             dikurangkan dari jumlah utang yang diakui                         amount of debt initially recognized.
             pada pengakuan awal liabilitas.

             Biaya transaksi tersebut diamortisasi                             Such transactions costs are amortized over
             selama umur instrumen berdasarkan                                 the terms of the instruments based on
             metode suku bunga efektif dan dicatat                             effective interest rate method and are
             sebagai bagian dari pendapatan bunga                              recorded as part of interest income for
             untuk biaya transaksi sehubungan dengan                           transaction costs related to financial assets
             aset keuangan atau sebagai bagian dari                            or as part of interest expense for
             beban bunga untuk biaya transaksi                                 transaction costs related to financial
             sehubungan dengan liabilitas keuangan.                            liabilities.




                                                             26
Page 629
                                                                    The original financial statements included herein are in the
                                                                                                          Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                    PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                  As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                            and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                             (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                     unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                            POLICIES INFORMATION (continued)

     b.   Aset keuangan dan liabilitas keuangan                     b.   Financial assets and financial liabilities
          (lanjutan)                                                     (continued)

          (ii) Pengakuan awal (lanjutan)                                 (ii) Initial recognition (continued)

              Bank pada pengakuan awal dapat                                  The bank may, at initial recognition,
              menetapkan aset keuangan tertentu                               designate certain financial assets as fair
              sebagai nilai wajar melalui laba rugi (opsi                     value through profit or loss (fair value
              nilai wajar). Opsi nilai wajar dapat                            option). The fair value option can be used
              digunakan hanya bila memenuhi ketetapan                         only if it meets the following provisions:
              sebagai berikut:

                 Penetapan sebagai opsi nilai wajar                              Designation as fair value option
                  mengurangi        atau   mengeliminasi                           reduces or eliminates measurement
                  inkonsistensi       pengukuran    dan                            and      recognition   inconsistencies
                  pengakuan (accounting mismatch)                                  (accounting mismatches) that could
                  yang dapat timbul; atau                                          arise; or
                 Aset keuangan merupakan bagian dari                             Financial assets are part of a financial
                  portofolio instrumen keuangan yang                               instruments portfolio which risks are
                  risikonya dikelola dan dilaporkan                                managed and reported to key
                  kepada manajemen kunci berdasarkan                               management at fair value; or
                  nilai wajar; atau
                 Aset keuangan terdiri dari kontrak                              Financial assets consist of host
                  utama dan derivatif melekat yang harus                           contracts and embedded derivatives
                  dipisahkan.                                                      that must be separated.

              Opsi nilai wajar digunakan untuk kredit                         The fair value option is used for certain
              yang diberikan dan piutang tertentu yang                        loans and receivables that are hedged
              dilindung nilai menggunakan credit                              using credit derivatives or interest rate
              derivatives atau swap suku bunga, namun                         swaps, but do not meet the criteria for
              tidak memenuhi kriteria untuk akuntansi                         hedge accounting. Otherwise, loans are
              lindung nilai. Jika tidak, kredit yang                          recorded at amortized cost and derivatives
              diberikan akan dicatat menggunakan biaya                        are measured at fair value through profit or
              diamortisasi dan derivatif akan diukur                          loss. Currently, the Bank does not apply
              menggunakan nilai wajar melalui laba rugi.                      hedge accounting.
              Saat ini Bank tidak menerapkan akuntansi
              lindung nilai.

              Opsi nilai wajar juga digunakan untuk dana                      The fair value option is also used for
              investasi yang merupakan bagian dari                            investment funds that are part of a portfolio
              portofolio yang dikelola dengan basis nilai                     managed on a fair value basis. The fair
              wajar. Opsi nilai wajar juga digunakan                          value option is also used for structured
              untuk structured investment termasuk                            investments      including       embedded
              derivatif melekat.                                              derivatives.

          (iii) Pengukuran setelah pengakuan awal                        (iii) Subsequent measurement

              Aset keuangan dalam kelompok yang                               Financial assets held at fair value through
              diukur pada nilai wajar melalui penghasilan                     other    comprehensive       income     are
              komprehensif lain diukur pada nilai                             measured at fair value and changes in fair
              wajarnya dan perubahan atas nilai wajar                         value are recorded in other comprehensive
              tersebut   dicatat     pada     penghasilan                     income.
              komprehensif lain.




                                                            27
Page 630
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                     PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                             and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                              (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                      unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                             POLICIES INFORMATION (continued)

     b.   Aset keuangan dan liabilitas keuangan                      b.   Financial assets and financial liabilities
          (lanjutan)                                                      (continued)

          (iii) Pengukuran   setelah   pengakuan     awal                 (iii) Subsequent measurement (continued)
                (lanjutan)

              Aset keuangan dan liabilitas keuangan                            Financial assets and financial liabilities at
              yang diukur pada nilai wajar melalui laba                        fair value through profit or loss are
              rugi diukur pada nilai wajarnya dan                              measured at fair value and changes are
              perubahan diakui pada laba rugi.                                 recognized in profit or loss.

              Aset keuangan dan liabilitas keuangan                            Financial assets and financial liabilities at
              yang diukur pada biaya perolehan                                 amortized cost are measured at amortized
              diamortisasi diukur pada biaya perolehan                         cost using the effective interest method.
              diamortisasi dengan menggunakan metode
              suku bunga efektif.

          (iv) Penghentian pengakuan                                      (iv) Derecognition

              a.   Aset     keuangan           dihentikan                      a.   Financial assets are derecognized
                   pengakuannya jika:                                               when:

                      Hak kontraktual atas arus kas                                    The contractual rights to receive
                       yang berasal dari aset keuangan                                   cash flows from the financial
                       tersebut berakhir; atau                                           assets have expired; or
                      Bank mentransfer haknya untuk                                    The Bank has transferred its rights
                       menerima arus kas yang berasal                                    to receive cash flows from the
                       dari    aset    keuangan      atau                                financial assets or has assumed
                       menanggung       liabilitas  untuk                                an obligation to pay the received
                       membayarkan arus kas yang                                         cash flows in full without material
                       diterima tersebut secara penuh                                    delay to a third party under a pass-
                       tanpa penundaan berarti kepada                                    through arrangement, and either
                       pihak     ketiga      di    bawah                                 (a) the Bank has substantially
                       kesepakatan pelepasan (pass-                                      transferred all the risks and
                       through arrangement), dan antara                                  rewards of the assets, or (b) the
                       (a)    Bank telah mentransfer                                     Bank has neither transferred nor
                       secara substansial seluruh risiko                                 retained substantially all risks and
                       dan manfaat atas aset, atau                                       rewards of the assets, but has
                       (b) Bank tidak mentransfer                                        transferred control of the assets.
                       maupun tidak memiliki secara
                       substansial seluruh risiko dan
                       manfaat atas aset, tetapi telah
                       mentransfer kendali atas aset.

                   Ketika Bank telah mentransfer hak                                When the Bank has transferred its
                   untuk menerima arus kas dari aset                                rights to receive cash flows from an
                   atau telah memasuki pass-through                                 asset or has entered into a pass-
                   arrangement dan tidak mentransfer                                through arrangement and has neither
                   serta tidak mempertahankan secara                                transferred nor retained substantially
                   substansial seluruh risiko dan manfaat                           all the risks and rewards of the asset
                   atas aset atau tidak mentransfer                                 nor transferred control of the asset, the
                   kendali atas aset, aset tersebut diakui                          asset is recognized to the extent of the
                   sebesar keterlibatan Bank yang                                   Bank’s continuing involvement in the
                   berkelanjutan atas aset tersebut.                                asset.




                                                             28
Page 631
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                     PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                             and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                              (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                      unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                             POLICIES INFORMATION (continued)

     b.   Aset keuangan dan liabilitas keuangan                      b.   Financial assets and financial liabilities
          (lanjutan)                                                      (continued)

          (iv) Penghentian pengakuan (lanjutan)                           (iv) Derecognition (continued)

              a.   Aset     keuangan          dihentikan                       a.   Financial assets are derecognized
                   pengakuannya jika (lanjutan):                                    when (continued):

                   Bank melepaskan aset keuangan,                                   The Bank disposes financial assets,
                   seperti kredit yang diberikan, ketika                            such as loans, when the terms and
                   syarat dan kondisi telah direnegosiasi                           conditions have been substantially
                   hingga secara substansial, kredit yang                           renegotiated, the loans becomes new,
                   diberikan tersebut menjadi baru,                                 with the difference will be recorded as
                   dengan perbedaan akan dicatat                                    gain or loss on disposal, if the
                   sebagai keuntungan atau kerugian                                 impairment loss has not been
                   dari    pelepasan,     jika   kerugian                           recorded.
                   penurunan nilai belum dicatat.

                   Kredit yang diberikan tersebut akan                              The loans will be classified as Stage 1
                   dilkasifikasikan sebagai Stage 1 untuk                           for the assessment of Expected Credit
                   penilaian Expected Credit Losses                                 Losses (ECL), unless the loans are
                   (ECL), kecuali kredit yang diberikan                             considered a purchased financial
                   tersebut dianggap aset keuangan                                  asset     or   originating    from    a
                   yang dibeli atau yang berasal dari aset                          deteriorating      financial      asset
                   keuangan memburuk (Purchased or                                  (Purchased or Originated Credit-
                   Originated Credit-Impaired Financial                             Impaired Financial Assets - POCI).
                   Assets - POCI).

                   Jika     modifikasi    tidak    akan                             If the modification will not result in a
                   menghasilkan arus kas yang secara                                cash flow that is substantially different,
                   substansi berbeda, maka modifikasi                               then the modification will not result on
                   tidak akan berujung pada pelepasan                               derecognition of the asset. Based on
                   aset. Berdasarkan perbedaan arus kas                             the difference in cash flow discounted
                   yang didiskontokan pada Effective                                at the initial Effective Interest Rate
                   Interest Rate (EIR) awal, Bank akan                              (EIR), the Bank will record gain or loss
                   mencatat keuntungan atau kerugian                                resulting from modification, up to the
                   akibat modifikasi, sampai dengan                                 amount of information losses that have
                   jumlah kerugian penurunan nilai yang                             not been recognized.
                   belum diakui.

                   Penghapusbukuan         kredit     yang                          Loans are writen-off when there are no
                   diberikan dilakukan ketika tidak                                 realistic prospects for loan repayments
                   terdapat lagi prospek yang realistis                             or the normal relationship between the
                   mengenai pengembalian pinjaman                                   Bank and debtors has ended. The
                   atau hubungan normal antara Bank                                 uncollectible loan is written-off against
                   dan debitur telah berakhir. Kredit yang                          the related allowance for impairment
                   tidak    dapat     dilunasi    tersebut                          losses.
                   dihapusbukukan dengan mendebit
                   cadangan kerugian penurunan nilai.

                   Pada saat aset keuangan dihentikan                               When       a    financial   asset    is
                   pengakuannya atau terjadi penurunan                              derecognized       or   impaired,  the
                   nilai, maka keuntungan atau kerugian                             cumulative gains or losses previously
                   kumulatif yang sebelumnya diakui                                 recognized in equity should be
                   dalam ekuitas harus direklasifikasi ke                           reclassified to statement of profit or
                   laporan laba rugi dan penghasilan                                loss and other comprehensive income.
                   komprehensif lain.



                                                             29
Page 632
                                                                        The original financial statements included herein are in the
                                                                                                              Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                        PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                      As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                 (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                         unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                          2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)

     b.   Aset keuangan dan liabilitas keuangan                         b.   Financial assets and financial liabilities
          (lanjutan)                                                         (continued)
          (iv) Penghentian pengakuan (lanjutan)                              (iv) Derecognition (continued)
              a.   Aset     keuangan          dihentikan                          a.   Financial assets are derecognized
                   pengakuannya jika (lanjutan):                                       when (continued):
                   Akumulasi keuntungan/kerugian yang                                  The accumulated gain/loss recognized
                   diakui pada penghasilan komprehensif                                in other comprehensive income related
                   lain terkait pilihan Bank untuk                                     to the choice of the Bank to present
                   menyajikan instrumen ekuitas yang                                   equity instruments that are not held for
                   bukan dimiliki untuk diperdagangkan                                 trading at fair value through other
                   pada nilai wajar melalui penghasilan                                comprehensive income, are not
                   komprehensif lain, tidak diakui dalam                               recognized in profit or loss upon
                   laba rugi pada saat penghentian                                     derecognition.
                   pengakuan.
              b.   Liabilitas keuangan           dihentikan                       b.   Financial liabilities derecognized
                   pengakuannya
                   Liabilitas   keuangan         dihentikan                            Financial liabilities are derecognized
                   pengakuannya jika liabilitas keuangan                               when they end, i.e. when the obligation
                   tersebut berakhir, yaitu ketika liabilitas                          under the liability is discharged,
                   yang ditetapkan dalam kontrak                                       cancelled or expired.
                   dilepaskan atau dibatalkan atau
                   kedaluwarsa.
                   Jika suatu liabilitas keuangan yang                                 Where an existing financial liability is
                   ada digantikan dengan yang lain oleh                                replaced by another from the same
                   pemberi pinjaman yang sama pada                                     creditor on substantially different
                   keadaan yang secara substansial                                     terms, or the terms of an existing
                   berbeda, atau berdasarkan suatu                                     liability are substantially modified, such
                   liabilitas yang ada yang secara                                     an exchange or modification is treated
                   substansial telah diubah, maka                                      as derecognition of the original liability
                   pertukaran atau modifikasi tersebut                                 and the recognition of a new liability
                   diperlakukan sebagai penghentian                                    and the difference in the respective
                   pengakuan     liabilitas  awal   dan                                carrying amounts is recognized in the
                   pengakuan      liabilitas baru   dan                                statement of profit or loss and other
                   perbedaan nilai tercatat masing-                                    comprehensive income.
                   masing diakui dalam laporan laba rugi
                   dan penghasilan komprehensif lain.
          (v) Pengakuan pendapatan dan beban                                 (v) Income and expense recognition
              a.   Pendapatan dan beban bunga, untuk                              a.   Interest income and expenses, for
                   aset yang diukur pada nilai wajar                                   assets measured at fair value through
                   melalui penghasilan komprehensif lain                               other comprehensive income and
                   serta aset keuangan dan liabilitas                                  financial assets and financial liabilities
                   keuangan yang dicatat berdasarkan                                   carried at amortized cost, are
                   biaya perolehan diamortisasi, diakui                                recognized in the statement of profit or
                   pada     laporan   laba   rugi   dan                                loss and other comprehensive income
                   penghasilan komprehensif lain dengan                                using the effective interest rate.
                   menggunakan suku bunga efektif.
              b.   Keuntungan dan kerugian yang timbul                            b.   Gains and losses arising from changes
                   dari perubahan nilai wajar aset                                     in fair value of financial assets and
                   keuangan dan liabilitas keuangan                                    financial liabilities at fair value through
                   yang diukur pada nilai wajar melalui                                profit or loss are recognized in the
                   laba rugi, diakui pada laporan laba rugi                            statement of profit or loss and other
                   dan penghasilan komprehensif lain.                                  comprehensive income.


                                                                30
Page 633
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                     PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                             and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                              (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                      unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                             POLICIES INFORMATION (continued)

     b.   Aset keuangan dan liabilitas keuangan                      b.   Financial assets and financial liabilities
          (lanjutan)                                                      (continued)

          (v) Pengakuan     pendapatan       dan   beban                  (v) Income      and        expense        recognition
              (lanjutan)                                                      (continued)

              c.   Keuntungan dan kerugian yang timbul                         c.   Gains and losses arising from changes
                   dari perubahan nilai wajar dan lainnya                           in fair value and other of financial
                   atas       aset     keuangan      yang                           assets classified as fair value through
                   diklasifikasikan dalam kelompok nilai                            other comprehensive income are
                   wajar         melalui     penghasilan                            recognized directly in equity, except for
                   komprehensif lain diakui secara                                  gains or losses resulting from changes
                   langsung dalam ekuitas, kecuali                                  in the exchange rate of monetary
                   keuntungan atau kerugian akibat                                  items, derecognition or impairment of
                   perubahan nilai tukar dari item                                  these financial assets.
                   moneter, dihentikan pengakuannya
                   atau adanya penurunan nilai dari aset
                   keuangan tersebut.

              Jumlah tercatat bruto aset keuangan                              The gross carrying amount of financial
              adalah biaya perolehan diamortisasi aset                         assets is the amortized cost of financial
              keuangan sebelum disesuaikan dengan                              assets before adjusted with allowance for
              cadangan kerugian penurunan nilai.                               impairment losses.

              Dalam menghitung pendapatan dan beban                            In calculating interest income and expense,
              bunga, tingkat bunga efektif diterapkan                          the effective interest rate is applied either to
              pada jumlah tercatat bruto aset (ketika aset                     the gross carrying amount of the asset
              tersebut bukan aset keuangan memburuk)                           (when the asset is not a deteriorating
              atau terhadap biaya perolehan diamortisasi                       financial asset) or to the amortized cost of
              dari liabilitas.                                                 the liability.

              Untuk aset keuangan yang telah                                   For financial assets that have deteriorated
              memburuk pada saat pengakuan awal,                               on initial recognition, interest income is
              pendapatan bunga dihitung dengan                                 calculated by applying the effective interest
              menerapkan tingkat bunga efektif terhadap                        rate to the amortized cost of the financial
              biaya perolehan diamortisasi dari aset                           asset. If the asset is no longer deteriorating,
              keuangan tersebut. Jika aset tersebut tidak                      the the interest income calculation will
              lagi   memburuk,     maka      perhitungan                       continue to be calculated by applying the
              pendapatan bunga akan tetap dihitung                             effective interest rate to the amortized cost
              dengan menerapkan tingkat bunga efektif                          of the financial asset.
              terhadap biaya perolehan diamortisasi dari
              aset keuangan tersebut.

          (vi) Reklasifikasi aset keuangan                                (vi) Reclassification of financial assets

              Bank mereklasifikasi aset keuangan jika                          The Bank reclassifies financial assets if,
              dan hanya jika, model bisnis untuk                               and only if, the business model for
              pengelolaan aset keuangan berubah. Tidak                         managing financial assets changes. There
              terdapat reklasifikasi untuk liabilitas                          is no reclassification for financial liabilities.
              keuangan.




                                                             31
Page 634
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                      PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                              and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                               (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                       unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                              POLICIES INFORMATION (continued)

     b.   Aset keuangan dan liabilitas keuangan                       b.   Financial assets and financial liabilities
          (lanjutan)                                                       (continued)

          (vii) Saling hapus                                               (vii) Offsetting

               Aset keuangan dan liabilitas keuangan                            Financial assets and liabilities are offset,
              dilakukan saling hapus dan nilai netonya                          and the net amount is presented in the
              disajikan dalam laporan posisi keuangan                           statement of financial position when, and
              jika, dan hanya jika Bank memiliki hak yang                       only when the Bank has a legal right to
              berkekuatan hukum untuk melakukan                                 offset the amounts and intends either to
              saling hapus atas jumlah yang telah diakui                        settle on a net basis or to realize the asset
              tersebut dan adanya maksud untuk                                  and settle the liability simultaneously.
              menyelesaikan secara neto atau untuk
              merealisasikan aset dan menyelesaikan
              liabilitasnya secara simultan.

              Hal yang berkekuatan hukum harus tidak                            The legally enforceable right must not be
              kontinjen atas peristiwa di masa depan dan                        contingent on future events and must be
              harus dapat dipaksakan di dalam situasi                           enforceable in the normal course of
              bisnis yang normal, peristiwa kegagalan                           business and in the event of default,
              atau kebangkrutan dari entitas atas seluruh                       insolvency or bankruptcy of the company or
              pihak lawan.                                                      the counterparty.

              Pendapatan dan beban disajikan dalam                              Income and expenses are presented on a
              jumlah neto hanya jika diperkenankan oleh                         net basis only when permitted by the
              Standar Akuntansi Keuangan.                                       Financial Accounting Standards.

          (viii) Pengukuran biaya diamortisasi                             (viii) Amortized cost measurement

              Biaya perolehan diamortisasi dari aset                            The amortized cost of a financial asset or
              keuangan atau liabilitas keuangan adalah                          liability is the amount at which the financial
              jumlah aset keuangan atau liabilitas                              asset or liability is measured at initial
              keuangan yang diukur pada saat                                    recognition, minus principal repayments,
              pengakuan awal dikurangi pembayaran                               plus or minus the cumulative amortization
              pokok pinjaman, ditambah atau dikurangi                           using the effective interest rate method of
              amortisasi kumulatif menggunakan metode                           any difference between the initial amount
              suku bunga efektif yang dihitung dari selisih                     recognized and the maturity amount, minus
              antara nilai pengakuan awal dan nilai jatuh                       any reduction for impairment.
              temponya, dan dikurangi penurunan nilai.

          (ix) Pengukuran nilai wajar                                      (ix) Fair value measurement

              Nilai wajar adalah harga yang akan                                Fair value is the price that would be
              diterima untuk menjual suatu aset atau                            received to sell an asset or paid to transfer
              harga     yang     akan     dibayar   untuk                       a liability in an orderly transaction between
              mengalihkan      suatu    liabilitas dalam                        market participants at the measurement
              transaksi teratur antara pelaku pasar pada                        date.
              tanggal pengukuran.




                                                              32
Page 635
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                      PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                              and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                               (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                       unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                              POLICIES INFORMATION (continued)

     b.   Aset keuangan dan liabilitas keuangan                       b.   Financial assets and financial liabilities
          (lanjutan)                                                       (continued)

          (ix) Pengukuran nilai wajar (lanjutan)                           (ix) Fair value measurement (continued)

              Pengukuran nilai wajar mengasumsikan                              The fair value measurement is based on
              bahwa transaksi untuk menjual aset atau                           the presumption that the transaction to sell
              mengalihkan liabilitas terjadi:                                   an asset or paid to transfer a liability takes
                                                                                place either:

                  Di pasar utama untuk aset dan liabilitas                         In the principal market for the assets
                   tersebut; atau                                                    and liabilities; or
                  Jika tidak terdapat pasar utama,                                 In the absence of a principal market, in
                   dipasar yang paling menguntungkan                                 the most advantageous market for the
                   untuk aset atau liabilitas tersebut.                              asset or liability.

              Nilai wajar suatu aset atau liabilitas diukur                     The fair value of an asset or a liability is
              menggunakan       asumsi      yang      akan                      measured using the assumptions that
              digunakan pelaku pasar ketika menentukan                          market participants would use when
              harga aset dan liabilitas tersebut dengan                         determining the price of the asset and
              asumsi bahwa pelaku pasar bertindak                               liability assuming that market participants
              dalam kepentingan ekonomik terbaiknya.                            act in their own economic best interest.

              Bank menggunakan teknik penilaian yang                            Bank uses valuation techniques that are
              sesuai dalam keadaan dan dimana data                              appropriate in the circumstances and for
              yang memadai tersedia untuk mengukur                              which sufficient data are available to
              nilai wajar, memaksimalkan penggunaan                             measure fair value, maximizing the use of
              input yang dapat diobservasi yang relevan                         relevant observable inputs and minimizing
              dan meminimalkan penggunaan input yang                            the use of unobservable inputs.
              tidak dapat diobservasi.

              Semua aset dan liabilitas dimana nilai wajar                      All assets and liabilities for which fair value
              diukur atau diungkapkan dalam laporan                             is measured or disclosed in the financial
              keuangan dapat dikategorikan pada level                           statements are classified within fair value
              hierarki nilai wajar, berdasarkan tingkatan                       hierarchy, based on the lowest level input
              input terendah yang signifikan atas                               that is significant to the fair value
              pengukuran nilai wajar secara keseluruhan:                        measurement as a whole:

                  Level 1: harga kuotasian (tanpa                                  Level 1: quoted (unadjusted) market
                   penyesuaian) di pasar aktif untuk aset                            prices in active markets for identical
                   atau liabilitas yang identik yang dapat                           assets or liabilities accessible at the
                   diakses pada tanggal pengukuran.                                  measurement date.
                  Level 2: input selain harga kuotasian                            Level 2: inputs other than quoted
                   yang termasuk dalam level 1 yang                                  prices included in level 1 for the asset
                   dapat diobservasi untuk aset dan                                  and liability, which is directly or
                   liabilitas, baik secara langsung atau                             indirectly observable.
                   tidak langsung.
                  Level 3: input yang tidak dapat                                  Level 3: unobservable inputs for the
                   diobservasi untuk aset dan liabilitas.                            asset and liability.




                                                              33
Page 636
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                       PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                        unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                         2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                               POLICIES INFORMATION (continued)

     b.   Aset keuangan dan liabilitas keuangan                        b.   Financial assets and financial liabilities
          (lanjutan)                                                        (continued)

          (ix) Pengukuran nilai wajar (lanjutan)                            (ix) Fair value measurement (continued)

              Untuk aset dan liabilitas yang diakui pada                         For assets and liabilities that are
              laporan keuangan secara berulang, Bank                             recognized in the financial statements on a
              menentukan apakah terjadi transfer antara                          recurring basis, Bank determines whether
              level di dalam hirarki dengan cara                                 transfers have occured between levels in
              mengevaluasi kategori berdasarkan input                            the      hierarchy     by      re-assessing
              level terendah yang signifikan dalam                               categorization       based       on     the
              pengukuran nilai wajar setiap akhir periode                        lowest level input that is significant
              pelaporan.                                                         to the fair value measurement as a whole
                                                                                 at the end of each reporting period.

              Bank untuk tujuan pengungkapan nilai                              For the fair value disclosures purposes,
              wajar, telah menentukan kelas aset dan                            Bank has determined classes of assets and
              liabilitas berdasarkan sifat, karakteristik,                      liabilities   based    on    the    nature,
              risiko aset dan liabilitas, dan level hierarki                    characteristics, risks of the asset and
              nilai wajar (Catatan 35).                                         liability, and the level of the fair value
                                                                                hierarchy (Note 35).

          (x) Aset keuangan sukuk                                           (x) Sukuk financial asset

              Berdasarkan PSAK 410, Bank menentukan                              Based on SFAS 410, the Bank determines
              klasifikasi investasi pada sukuk sebagai                           the classification of investments in sukuk
              berikut:                                                           are as follows:

              a.   Diukur pada biaya perolehan                                   a.   Measured at cost

                      Investasi tersebut dimiliki dalam                                  The investment is held in a
                       suatu     model     usaha     yang                                  business model whereby the
                       bertujuan        utama       untuk                                  primary goal is to obtain
                       memperoleh arus kas kontraktual                                     contractual cash flows and has
                       dan      terdapat     persyaratan                                   contractual terms in determining
                       kontraktual dalam menentukan                                        the specific date of principal
                       tanggal tertentu atas pembayaran                                    payments and or the results.
                       pokok dan atau hasilnya.
                      Biaya perolehan sukuk termasuk                                     Sukuk acquisition cost includes
                       biaya transaksi.                                                    transaction cost.
                      Selisih antara biaya perolehan                                     The difference between the
                       dan nilai nominal diamortisasi                                      acquisition cost and the nominal
                       secara garis lurus selama jangka                                    value is amortized on a straight-
                       waktu sukuk dan diakui dalam                                        line basis over the period of the
                       laba rugi.                                                          sukuk and is recognized in profit
                                                                                           or loss.




                                                               34
Page 637
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                      PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                              and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                               (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                       unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                              POLICIES INFORMATION (continued)

     b.   Aset keuangan dan liabilitas keuangan                       b.   Financial assets and financial liabilities
          (lanjutan)                                                       (continued)

          (x) Aset keuangan sukuk (lanjutan)                               (x) Sukuk financial asset (continued)

              Berdasarkan PSAK 410, Bank menentukan                             Based on SFAS 410, the Bank determines
              klasifikasi investasi pada sukuk sebagai                          the classification of investments in sukuk
              berikut (lanjutan):                                               are as follows (continued):

              b.   Diukur pada nilai wajar melalui                              b.   Measured at fair value through other
                   penghasilan komprehensif lain                                     comprehensive income

                      Investasi tersebut dimiliki dalam                                 The investment is held in a
                       suatu     model     usaha     yang                                 business model whereby the
                       bertujuan        utama       untuk                                 primary goal is to obtain
                       memperoleh arus kas kontraktual                                    contractual cash flows and to sell
                       dan melakukan penjualan sukuk,                                     the sukuk and has contractual
                       terdapat persyaratan kontraktual                                   terms in determining the specific
                       dalam      menentukan      tanggal                                 date of principal payments and or
                       tertentu atas pembayaran pokok                                     the results.
                       dan atau hasilnya.
                      Biaya perolehan sukuk termasuk                                    Sukuk acquisition cost includes
                       biaya transaksi.                                                   transaction cost.
                      Selisih antara biaya perolehan                                    The        difference        between
                       dan nilai nominal diamortisasi                                     acquisition cost and the nominal
                       secara garis lurus selama jangka                                   value is amortized on a straight-
                       waktu sukuk dan diakui dalam                                       line basis over the period of the
                       laba rugi.                                                         sukuk and is recognized in profit
                                                                                          or loss.
                      Keuntungan atau kerugian dari                                     Gain or loss from changes of fair
                       perubahan nilai wajar diakui                                       value is recognized in other
                       dalam penghasilan komprehensif                                     comprehensive income after
                       lain setelah memperhitungkan                                       considering              unamortized
                       saldo selisih biaya perolehan dan                                  difference of acquisition cost and
                       nilai    nominal      yang     belum                               nominal value and accumulated
                       diamortisasi dan saldo akumulasi                                   gain or loss of fair value which has
                       keuntungan dan kerugian nilai                                      previously recognized in other
                       wajar yang telah diakui dalam                                      comprehensive income. When
                       penghasilan komprehensif lain                                      sukuk         is      derecognized,
                       sebelumnya. Ketika investasi                                       accumulated gain or loss which
                       sukuk dihentikan pengakuannya,                                     has previously recognized in other
                       akumulasi       keuntungan      atau                               comprehensive          income      is
                       kerugian yang sebelumnya diakui                                    reclassified to profit or loss.
                       dalam penghasilan komprehensif
                       lain direklasifikasi ke laba rugi.

              c.   Diukur pada nilai wajar melalui laba                         c.   Measured at fair value through profit or
                   rugi                                                              loss

                      Biaya perolehan sukuk tidak                                       Sukuk acquisition cost does not
                       termasuk biaya transaksi.                                          include transaction cost.
                      Selisih antara nilai wajar dan                                    The difference between fair value
                       jumlah tercatat diakui dalam laba                                  and the carrying value is
                       rugi.                                                              recognized in profit or loss.




                                                              35
Page 638
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                     PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                             and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                              (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                      unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                             POLICIES INFORMATION (continued)

     c.   Transaksi dengan pihak-pihak berelasi                      c.   Transaction with related parties

          Bank melakukan transaksi dengan pihak-pihak                     Bank engages in transactions with related
          berelasi seperti yang didefinisikan dalam                       parties as defined in SFAS 224 on “Related
          PSAK 224 tentang “Pengungkapan Pihak-pihak                      Party Disclosures”.
          Berelasi”.

          Suatu pihak dianggap pihak berelasi dengan                      A party is considered as a related party of the
          Bank jika:                                                      Bank if:

          (1) Langsung, atau tidak langsung yang melalui                  (1) Directly or indirectly through one or more
              satu atau lebih perantara, suatu pihak                          intermediaries, a party (i) controls, or
              (i) mengendalikan, atau dikendalikan oleh,                      controlled by, or under common control with
              atau berada di bawah pengendalian                               the Bank, (ii) has an interest in the Bank
              bersama, dengan Bank; (ii) memiliki                             that provides significant influence to the
              kepentingan dalam Bank yang memberikan                          Bank, or (iii) has joint control over the Bank;
              pengaruh signifikan atas Bank; atau
              (iii) memiliki pengendalian bersama atas
              Bank;
          (2) Suatu pihak yang berada dalam kelompok                      (2) It is a member of the same group as the
              usaha yang sama dengan Bank;                                    Bank;
          (3) Suatu pihak adalah ventura bersama                          (3) It is a joint venture in which the Bank acts
              di mana Bank sebagai venturer;                                  as a venturer;
          (4) Suatu pihak adalah anggota dari personel                    (4) It is a member of the key management
              manajemen kunci Bank;                                           personnel of the Bank;
          (5) Suatu pihak adalah anggota keluarga dekat                   (5) It is a close family member of an individual
              dari individu yang diuraikan dalam butir                        as described in point (1) or (4);
              (1) atau (4);
          (6) Suatu     pihak    adalah    entitas   yang                 (6) It is an entity that is controlled, jointly
              dikendalikan, dikendalikan bersama atau                         controlled or significantly influenced by or
              dipengaruhi signifikan oleh atau untuk pihak                    for whom has significant voting rights in
              yang memiliki hak suara signifikan pada                         several entities, directly or indirectly, by the
              beberapa entitas, langsung maupun tidak                         individuals described in point (4) or (5);
              langsung, yaitu individu seperti diuraikan
              dalam butir (4) atau (5);
          (7) Suatu pihak adalah suatu program imbalan                    (7) It is a post-employment benefit plan
              pasca kerja untuk imbalan kerja dari Bank                       program for the employee benefit of either
              atau entitas yang terkait dengan Bank.                          the Bank or entities related to the Bank.

          Transaksi dengan pihak berelasi dilakukan                       Transaction with related parties are made based
          berdasarkan persyaratan yang disetujui oleh                     on terms agreed by both parties, where such
          kedua belah pihak, dimana persyaratan                           terms may not be the same as transaction
          tersebut mungkin tidak sama dengan transaksi                    undertaken with third parties.
          yang dilakukan dengan pihak ketiga.

          Seluruh transaksi dan saldo yang material                       All material transactions and balances with
          dengan pihak-pihak berelasi diungkapkan                         related parties are disclosed in the relevant
          dalam catatan atas laporan keuangan yang                        notes to the financial statements and the details
          relevan dan rinciannya telah disajikan dalam                    have been presented in Note 33 to the financial
          Catatan 33 atas laporan keuangan.                               statements.




                                                             36
Page 639
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                      PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                              and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                               (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                       unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                              POLICIES INFORMATION (continued)

     d.   Cadangan kerugian penurunan nilai atas                      d.   Allowance for          impairment       losses     on
          aset keuangan                                                    financial assets

          Bank mengakui penyisihan kerugian kredit                         The Bank recognizes allowance for expected
          ekskpektasian pada instrumen keuangan yang                       credit losses on financial instruments that are
          tidak diukur pada nilai wajar melalui laba rugi.                 not measured at fair value through profit or loss.

          Tidak ada penyisihan kerugian kredit                             There is no allowance for expected credit losses
          ekskpektasian pada investasi instrumen                           on investment in equity instruments.
          ekuitas.

          Bank mengukur cadangan kerugian sejumlah                         The Bank measures the allowance for losses for
          kerugian kredit ekspektasian seumur hidup,                       the lifetime of an expected credit losses, except
          kecuali untuk hal berikut, diukur sejumlah                       for the following, which are measured for 12
          kerugian kredit ekspektasian 12 (dua belas)                      (twelve) months expected credit losses:
          bulan:

             Instrumen utang yang memiliki risiko kredit                      Debt instruments that have a low credit risk
              rendah pada tanggal pelaporan; dan                                at the reporting date; and
             Instrumen keuangan lainnya yang risiko                           Other financial instruments whose credit
              kreditnya tidak meningkat secara signifikan                       risk has not increased significantly since
              sejak pengakuan awal.                                             initial recognition.

          Bank menganggap instrumen utang memiliki                         The Bank consider debt instruments to have low
          risiko kredit yang rendah ketika peringkat risiko                credit risk when their credit risk rating is
          kreditnya setara dengan definisi investment                      equivalent to the globally understood definition
          grade yang dipahami secara global.                               of investment grade.

          Kerugian kredit ekspektasian 12 (dua belas)                      The 12 (twelve) months expected credit losses
          bulan adalah bagian dari kerugian kredit                         are part of expected credit losses over their
          ekspektasian sepanjang umurnya yang                              lifespan that represent expected credit losses
          merepresentasikan       kerugian        kredit                   arising from financial instrument defaults that
          ekspektasian yang timbul dari peristiwa gagal                    may occur within 12 (twelve) months after the
          bayar instrumen keuangan yang mungkin                            reporting date.
          terjadi dalam 12 (dua belas) bulan setelah
          tanggal pelaporan.

          Kerugian yang terjadi diakui pada laporan laba                   Losses are recognized in the statement of profit
          rugi dan penghasilan komprehensif lain dan                       or loss and other comprehensive income and
          dicatat pada akun cadangan kerugian                              recorded in an allowance for impairment losses
          penurunan nilai sebagai pengurang terhadap                       account as a deduction for financial assets
          aset keuangan yang dicatat pada biaya                            carried at amortized cost. If in a subsequent
          perolehan diamortisasi. Jika pada suatu periode                  period, the amount of the impairment loss
          berikutnya, jumlah kerugian penurunan nilai                      decreases and the reduction can be attributed
          berkurang dan pengurangan tersebut dapat                         objectively to events occurring after the
          dikaitkan secara objektif pada peristiwa yang                    impairment has been recognized (such as an
          terjadi setelah penurunan nilai diakui (seperti                  increase in the credit rating of the debtor or
          meningkatnya peringkat kredit debitur atau                       issuer), the previously recognized impairment
          penerbit), maka kerugian penurunan nilai yang                    loss should be recovered, by adjusting the
          sebelumnya diakui harus dipulihkan, dengan                       allowance account. The recoverable amount of
          menyesuaikan akun cadangan. Jumlah                               financial assets is recognized in the statement
          pemulihan aset keuangan diakui pada laporan                      of profit or loss and other comprehensive
          laba rugi dan penghasilan komprehensif lain                      income in the current period.
          pada periode berjalan.




                                                              37
Page 640
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                       PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                        unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                         2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                               POLICIES INFORMATION (continued)

     d.   Cadangan kerugian penurunan nilai atas                       d.   Allowance for impairment                losses     on
          aset keuangan (lanjutan)                                          financial assets (continued)

          Kerugian kredit ekspektasian untuk instrumen                      The expected credit loss for debt instruments
          utang yang diukur pada nilai wajar tidak                          measured at fair value does not reduce the
          mengurangi nilai tercatat di dalam aset                           carrying value of the financial asset in the
          keuangan di laporan posisi keuangan, yaitu nilai                  statements of financial position, which is the fair
          wajar. Kerugian kredit ekspektasian diakui                        value. Expected credit losses are recognized as
          sebagai    penambah        dari   penghasilan                     an addition to other comprehensive income in
          komprehensif lainnya di dalam laporan posisi                      the statement of financial position.
          keuangan.

          Pengukuran kerugian kredit ekspektasian                           Measurement of expected credit losses

          Kerugian kredit ekspektasian adalah estimasi                      The expected credit losses are the weighted
          probabilitas tertimbang dari kerugian kredit                      probability estimation of credit losses measured
          yang diukur sebagai berikut:                                      as follows:

             Aset keuangan yang tidak memburuk pada                            Financial assets that have not deteriorated
              tanggal      pelaporan,     kerugian    kredit                     at the reporting date, expected credit losses
              ekspektasian diukur sebesar selisih antara                         are measured at the difference between the
              nilai kini dari seluruh kekurangan kas (yaitu                      present value of all cash shortages (the
              selisih antara arus kas yang terutang                              difference between cash flows owed to the
              kepada Bank sesuai dengan kontrak dan                              Bank in accordance with the contract and
              arus kas yang diperkirakan akan diterima                           cash flows that are expected to be received
              oleh Bank);                                                        by the Bank);
             Aset keuangan yang memburuk pada                                  Financial assets that have deteriorated at
              tanggal      pelaporan,     kerugian    kredit                     the reporting date, expected credit losses
              ekspektasian diukur sebesar selisih antara                         are measured at the difference between the
              jumlah tercatat bruto dan nilai kini arus kas                      gross carrying amount and the present
              masa depan yang diestimasi;                                        value of estimated future cash flows;
             Komitmen pinjaman yang belum ditarik,                             Unused/undrawn         loan   commitments,
              kerugian kredit ekspektasian diukur sebesar                        expected credit losses are measured at the
              selisih antara nilai kini jumlah arus kas jika                     difference between the present value of the
              komitmen ditarik dan arus kas yang                                 total cash flows if the commitments are
              diperkirakan akan diterima oleh Bank; dan                          withdrawn and the cash flows expected to
                                                                                 be received by the Bank; and
             Kontrak jaminan keuangan, kerugian kredit                         Financial guarantee contracts, expected
              ekspektasian diukur sebesar selisih antara                         credit losses are measured at the
              pembayaran yang diperkirakan untuk                                 difference between payments estimated to
              mengganti pemegang atas kerugian kredit                            replace the holders for credit losses
              yang terjadi dikurangi jumlah yang                                 incurred less the amount that is expected to
              diperkirakan dapat dipulihkan.                                     be recoverable.




                                                               38
Page 641
                                                                    The original financial statements included herein are in the
                                                                                                          Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                    PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                  As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                            and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                             (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                     unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                            POLICIES INFORMATION (continued)

     d.   Cadangan kerugian penurunan nilai atas                    d.   Allowance for impairment                losses     on
          aset keuangan (lanjutan)                                       financial assets (continued)

          Aset keuangan yang direstrukturisasi                           Restructured financial assets

          Jika ketentuan aset keuangan dinegosiasikan                    If the terms of financial assets are renegotiated
          ulang atau dimodifikasi atau aset keuangan                     or modified or existing financial assets are
          yang ada diganti dengan yang baru karena                       replaced with new ones because of the
          kesulitan keuangan peminjam, maka dilakukan                    borrower's financial difficulties, an assessment
          penilaian apakah aset keuangan yang ada                        is made of whether the existing financial assets
          harus dihentikan pengakuannya dan kerugian                     should be derecognized, and the expected
          kredit ekspektasian diukur sebagai berikut:                    credit losses are measured as follows:

             Jika restrukturisasi tidak mengakibatkan                       If the restructuring does not result in
              penghentian pengakuan aset yang ada,                            derecognition of the existing asset, the
              maka arus kas yang diperkirakan timbul dari                     estimated cash flows arising from the
              aset     keuangan      yang    dimodifikasi                     modified financial asset are included in the
              dimasukkan dalam perhitungan kekurangan                         calculation of the cash deficiency of the
              kas dari aset yang ada.                                         existing asset.
             Jika restrukturisasi akan menghasilkan                         If the restructuring will result in
              penghentian pengakuan aset yang ada,                            derecognition of an existing asset, the fair
              maka nilai wajar aset baru diperlakukan                         value of the new asset is treated as the final
              sebagai arus kas akhir dari aset keuangan                       cash flows of the existing financial asset on
              yang ada pada saat penghentian                                  derecognition. This amount is included in
              pengakuannya. Jumlah ini dimasukkan                             the calculation of the cash shortage of the
              dalam perhitungan kekurangan kas dari aset                      existing financial asset which is discounted
              keuangan yang ada yang didiskontokan dari                       from the derecognition date to the reporting
              tanggal penghentian pengakuan ke tanggal                        date using the initial effective interest rate
              pelaporan menggunakan suku bunga efektif                        of the existing financial asset.
              awal dari aset keuangan yang ada.

          Aset keuangan yang memburuk                                    Deteriorating financial assets

          Pada setiap tanggal pelaporan, Bank menilai                    At each reporting date, the Bank assesses
          apakah aset keuangan yang dicatat pada biaya                   whether financial assets carried at amortized
          perolehan diamortisasi dan aset keuangan                       cost and debt financial assets carried at fair
          instrumen utang yang dicatat pada nilai wajar                  value through other comprehensive income are
          melalui    penghasilan    komprehensif    lain                 impaired (deteriorated). A financial asset
          mengalami penurunan nilai kredit (memburuk).                   deteriorates when one or more events that have
          Aset keuangan memburuk ketika satu atau lebih                  an adverse effect on the estimated future cash
          peristiwa yang memiliki dampak merugikan atas                  flows of the financial asset have occurred.
          estimasi arus kas masa depan dari aset
          keuangan telah terjadi.




                                                            39
Page 642
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                       PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                        unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                         2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                               POLICIES INFORMATION (continued)

     d.   Cadangan kerugian penurunan nilai atas                       d.   Allowance for impairment                losses     on
          aset keuangan (lanjutan)                                          financial assets (continued)

          Aset keuangan yang memburuk (lanjutan)                            Deteriorating financial assets (continued)

          Bukti bahwa aset keuangan mengalami                               Evidence that a financial asset is credit impaired
          penurunan nilai kredit (memburuk) termasuk                        (deteriorating) includes observable data
          data yang dapat diobservasi mengenai                              regarding the following events:
          peristiwa berikut ini:

          (1) Kesulitan keuangan signifikan yang dialami                    (1) Significant financial difficulties experienced
              penerbit atau pihak peminjam;                                     by the issuer or borrower;
          (2) Pelanggaran kontrak, seperti peristiwa gagal                  (2) Breach of contract, such as an event of
              bayar atau peristiwa tunggakan;                                   default or arrears;
          (3) Pihak pemberi pinjaman, untuk alasan                          (3) The lender, for economic or contractual
              ekonomik atau kontraktual sehubungan                              reasons in connection with the borrower's
              dengan kesulitan keuangan yang dialami                            financial difficulties, has given the borrower
              pihak peminjam, telah memberikan konsesi                          a concession that would not have been
              pada pihak peminjam yang tidak mungkin                            possible if the borrower had not experienced
              diberikan jika pihak peminjam tidak                               such difficulties;
              mengalami kesulitan tersebut;
          (4) Terjadi    kemungkinan       bahwa     pihak                  (4) There is a possibility that the borrower will
              peminjam akan dinyatakan pailit atau                              enter bankruptcy or other financial
              melakukan reorganisasi keuangan lainnya;                          reorganization;
          (5) Hilangnya pasar aktif dari aset keuangan                      (5) The disappearance of an active market for a
              akibat kesulitan keuangan;                                        financial asset due to financial difficulties;
          (6) Pembelian atau penerbitan aset keuangan                       (6) The purchase or issuance of financial assets
              dengan diskon sangat besar yang                                   at a deep discount that reflects the credit
              mencerminkan kerugian kredit yang terjadi;                        losses incurred; or
              atau
          (7) Sulit untuk mengidentifikasi peristiwa diskrit                (7) It is difficult to identify a single discrete
              tunggal,    namun       demikian,    dampak                       event, however, the combined effect of
              kombinasi dari beberapa peristiwa dapat                           several events can cause a financial asset
              menyebabkan aset keuangan mengalami                               to be impaired on credit.
              penurunan nilai kredit.

          Aset keuangan yang dibeli atau yang berasal                       Purchased or originated              credit-impaired
          dari aset keuangan memburuk (Purchased or                         financial assets (POCI)
          originated credit-impaired financial assets -
          POCI)

          Aset keuangan dikategorikan sebagai POCI                          A financial asset is categorized as POCI if there
          apabila terdapat bukti objektif penurunan nilai                   is objective evidence of impairment at initial
          pada saat pengakuan awal. Pada saat                               recognition. At initial recognition, no allowance
          pengakuan awal, tidak ada penyisihan kerugian                     for credit losses is recognized because the
          kredit yang diakui karena harga pembelian atau                    purchase price or value includes the estimated
          nilainya telah termasuk estimasi kerugian kredit                  lifetime credit losses. Furthermore, changes in
          sepanjang umurnya. Selanjutnya, perubahan                         credit losses over their lifetime, whether positive
          kerugian kredit sepanjang umurnya, baik positif                   or negative, are recognized in the income
          atau negatif, diakui dalam laporan laba rugi                      statement as part of the allowance for credit
          sebagai bagian dari penyisihan kerugian kredit.                   losses.




                                                               40
Page 643
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                      PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                              and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                               (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                       unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                              POLICIES INFORMATION (continued)

     d.   Cadangan kerugian penurunan nilai atas                      d.   Allowance for impairment                losses     on
          aset keuangan (lanjutan)                                         financial assets (continued)

          Berdasarkan proses di atas, Bank melakukan                       Based on the above process, the Bank
          pembagian aset keuangan atas Stage 1, Stage                      distributes financial assets into Stage 1, Stage
          2, Stage 3 dan POCI, sebagai berikut:                            2, Stage 3 and POCI, as follows:

             Stage 1: mencakup instrumen keuangan                             Stage 1: includes financial instruments that
              yang tidak memiliki peningkatan risiko kredit                     do not have a significant increase in credit
              secara signifikan sejak pengakuan awal                            risk since initial recognition or have low
              atau memiliki risiko kredit rendah pada                           credit risk at the reporting date. For these
              tanggal pelaporan. Untuk instrumen-                               financial instruments a 12-month ECL
              instrumen keuangan ini, akan berlaku                              calculation will apply. Financial assets in
              perhitungan ECL 12 bulan. Aset keuangan                           Stage 1 include facilities where credit risk
              didalam Stage 1 termasuk fasilitas dimana                         has improved and financial assets that can
              risiko kredit telah membaik dan aset                              be reclassified from Stage 2.
              keuangan dapat direklasifikasi dari Stage 2.

             Stage 2: mencakup instrumen keuangan                             Stage 2: includes financial instruments that
              yang mengalami peningkatan risiko kredit                          experience an increase in credit risk since
              sejak pengakuan awal (kecuali Bank                                initial recognition (unless the Bank feel that
              merasa risiko kredit tergolong rendah pada                        credit risk is classified as low at the
              tanggal pelaporan) namun belum terbukti                           reporting date) but there is no objective
              adanya bukti penurunan nilai secara objektif.                     evidence of impairment yet. For these
              Untuk instrumen-instrumen ini, akan berlaku                       instruments, lifetime ECL calculations will
              perhitungan ECL seumur hidup. ECL                                 apply. Lifetime ECL is the expected credit
              seumur hidup adalah kerugian kredit                               loss expected from all default events that
              ekspektasian yang diharapkan dari semua                           may occur during the estimated life of the
              kejadian gagal bayar yang mungkin terjadi                         financial instrument. Stage 2 also includes
              selama perkiraan umur dari instrumen                              facilities where credit risk has improved,
              keuangan tersebut. Stage 2 juga mencakup                          and financial assets have been reclassified
              fasilitas dimana risiko kredit telah membaik                      from Stage 3.
              dan aset keuangan telah direklasifikasi dari
              Stage 3.

             Stage 3: mencakup instrumen keuangan                             Stage 3: includes financial instruments that
              yang telah terbukti mengalami penurunan                           have been proved to be objectively
              nilai secara objektif pada tanggal pelaporan.                     impaired at the reporting date. This group
              Kelompok ini biasanya terdiri atas debitur                        usually consists of debtors who have
              yang mengalami gagal bayar. Bank                                  defaulted on their payments. The bank
              mencatat cadangan ECL seumur hidup.                               records lifetime ECL reserves.

             POCI: aset POCI adalah aset keuangan                             POCI: POCI assets are financial assets that
              yang     mengalami      penurunan      nilai                      are impaired based on a credit risk
              berdasarkan penilaian risiko kredit pada                          assessment on initial recognition. Such
              saat pengakuan awal. Aset tersebut dicatat                        assets are carried at fair value on initial
              pada nilai wajar pada saat pengakuan awal,                        recognition, and interest income is
              dan pendapatan bunga akan diakui                                  recognized subsequently using the
              selanjutnya berdasarkan metode suku                               adjusted effective interest rate method.
              bunga efektif yang disesuaikan. Cadangan                          ECL reserves are only recorded or released
              ECL hanya dicatat atau dilepaskan jika ada                        if there are further changes to expected
              perubahan selanjutnya pada kerugian kredit                        credit losses.
              ekspektasian.




                                                              41
Page 644
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                       PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                        unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                         2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                               POLICIES INFORMATION (continued)

     d.   Cadangan kerugian penurunan nilai atas                       d.   Allowance for impairment                losses     on
          aset keuangan (lanjutan)                                          financial assets (continued)

          Terdapat kriteria kualitatif dan kuantitatif untuk                There are qualitative and quantitative criteria to
          memastikan aset keuangan tercakup dalam                           ensure that financial assets are covered in
          stage tertentu yang telah diformalkan di dalam                    certain stages which have been formalized in
          Surat Edaran Bank.                                                the Bank Circular Letter.

          Bank menghitung penurunan nilai melalui dua                       The Bank calculates impairment through two
          metode, yaitu penurunan nilai secara individual                   methods, which is individual or collective
          atau kolektif. Perhitungan penurunan nilai                        impairment. Individual impairment calculations
          secara individual dilakukan untuk aset                            are performed for significant financial assets
          keuangan yang signifikan dan pernah                               and have experienced default or restructuring.
          mengalami gagal bayar ataupun restrukturisasi.                    Other than that, the calculation of impairment
          Selain itu, perhitungan penurunan nilai akan                      will be carried out collectively.
          dilakukan secara kolektif.

          Penurunan nilai individual                                        Individual impairment

          Metode perhitungan penurunan nilai secara                         The method of calculating impairment
          individual akan mempertimbangkan 3 (tiga)                         individually will consider 3 (three) possible
          skenario kemungkinan pengembalian, yaitu:                         return scenarios, namely: (i) the basic scenario
          (i) skenario dasar (Base), (ii) skenario terbaik                  (Base), (ii) the upturn scenario, and (iii) the
          (upturn), dan (iii) skenario terburuk (downturn).                 dowenturn scenario.

          Pembuatan skenario        dilakukan   dengan                      The scenario is created using the Discounted
          menggunakan metode Discounted Cash Flow                           Cash Flow (DCF) method and considers the
          (DCF) dan mempertimbangkan kondisi industri                       conditions of the industries and the related
          dan perusahaan terkait. Selanjutnya ECL yang                      companies. Later, the ECL generated by each
          dihasilkan oleh masing-masing skenario akan                       scenario will be weighted averaged to the
          dirata-ratakan secara tertimbang terhadap                         weight of the scenario that has been set.
          bobot skenario yang telah diatur.

          Penurunan nilai kolektif                                          Collective impairment

          Evaluasi penurunan nilai secara kolektif                          Collective impairment evaluation is based on
          didasarkan pada konsep Probability of Default                     the concepts of Probability of Default (PD), Loss
          (PD), Loss Given Default (LGD) dan Exposure                       Given Default (LGD) and Exposure at Default
          at Default (EAD) yang mempertimbangkan                            (EAD) which take into account past, current, and
          informasi masa lalu, terkini, dan masa                            future information.
          mendatang.

          Bank menggunakan model (i) Observed Default                       The Bank uses the (i) Observed Default Rate
          Rate dan (ii) Vasicek maupun pendekatan                           and (ii) Vasicek model as well as other
          lainnya dalam menentukan nilai PD dari setiap                     approaches in determining the PD value of each
          debitur.                                                          debtor.

          Bank menggunakan metode (i) Historical dan                        The Bank uses the (i) Historical and (ii) Diminish
          (ii) Diminish Balance dalam menentukan nilai                      Balance method in determining the LGD value
          LGD dari setiap debitur. LGD menggambarkan                        of each debtor. LGD describes the nominal
          persentase nominal fasilitas yang tidak                           percentage of the facility that the Bank will not
          akan dapat dipulihkan oleh Bank terhadap                          be able to recover from the default debtor. The
          debitur default. LGD biasa dihitung dengan                        usual LGD is calculated at 1-Recovery Rate.
          1-Recovery Rate. Recovery rate dihitung                           The recovery rate is calculated by considering
          mempertimbangkan Time Value of Money dari                         the Time Value of Money from the return of the
          pengembalian dari kewajiban yang telah                            default obligation. The interest rate used to
          default. Tingkat suku bunga yang digunakan                        calculate the Time Value of Money from
          untuk menghitung Time Value of Money dari                         Recovery is the initial EIR.
          Recovery adalah EIR awal.
                                                               42
Page 645
                                                                            The original financial statements included herein are in the
                                                                                                                  Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                            PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                          As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                    and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                     (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                             unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                              2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                    POLICIES INFORMATION (continued)

     d.   Cadangan kerugian penurunan nilai atas                            d.   Allowance for impairment                losses     on
          aset keuangan (lanjutan)                                               financial assets (continued)

          Penurunan nilai kolektif (lanjutan)                                    Collective impairment (continued)

          EAD merupakan estimasi nilai buku pada saat                            EAD is an estimate of the book value at the time
          terjadi gagal bayar, dengan mempertimbangkan                           of default, taking into account the cash flows of
          arus kas instrumen keuangan terkait, serta                             the related financial instrument, as well as the
          kemungkinan penarikan tambahan dari limit                              possibility of additional withdrawals from the
          kredit sampai dengan tanggal gagal bayar.                              credit limit up to the date of default.

          EAD     juga     mempertimbangkan     jadwal                           EAD also considers payment and amortization
          pembayaran dan amortisasi serta perubahan                              schedules as well as changes in the utilization
          dalam utilisasi saldo yang belum ditarik                               of outstanding balances prior to default.
          menjelang terjadinya kegagalan bayar.

          Pemodelan EAD akan dilakukan berdasarkan                               EAD modeling will be carried out based on the
          karakteristik dari instrumen keuangan terkait,                         characteristics of the related financial
          yang dibagi ke dalam beberapa kategori:                                instruments, which are divided into several
          (i) kredit angsuran, (ii) kredit revolving, (iii) trade                categories: (i) installment loans (ii) revolving
          finance dan (iv) treasury.                                             loans, (iii) trade finance and (iv) treasury.

          Pengukuran ECL berdasarkan PSAK 109                                    The measurement of ECL based on SFAS 109
          mewajibkan Bank untuk memodelkan ECL                                   requires the Bank to model the ECL according
          sesuai dengan skenario forward-looking yang                            to the existing forward-looking scenario, taking
          ada, dengan mempertimbangkan kemungkinan                               into account good and bad economic
          ekonomi baik dan buruk. Oleh karena itu, nilai                         possibilities. Therefore, the ECL value
          ECL yang dihasilkan Bank harus berdasarkan                             generated by the Bank must be based on the
          hasil probabilitas dari tiga skenario (kasus                           probability results of three scenarios (normal,
          ekonomi     normal/normal, baik/good dan                               good and bad economic cases). PD and LGD
          buruk/bad). PD dan LGD akan dihitung menurut                           will be calculated according to three scenarios
          tiga skenario dengan nilai makro-ekonomi                               with macro-economic values in accordance with
          sesuai dengan skenario-skenario tersebut.                              these scenarios.

          Penyajian    penyisihan    kerugian    kredit                          Presentation of allowance for expected credit
          ekspektasian dalam laporan posisi keuangan                             losses in the statement of financial position

          Penyisihan kerugian kredit ekspektasian                                Allowance for expected credit losses is
          disajikan dalam laporan posisi keuangan                                presented in the statement of financial position
          sebagai berikut:                                                       as follows:

              Aset keuangan yang diukur pada biaya                                  Financial assets measured at amortized
               perolehan diamortisasi, penyisihan kerugian                            cost, the allowance for expected credit
               kredit ekspektasian disajikan sebagai                                  losses is presented as a deduction from the
               pengurang dari jumlah tercatat bruto aset;                             gross carrying amount of the assets;
              Komitmen pinjaman dan kontrak jaminan                                 Loan commitments and financial guarantee
               keuangan, umumnya penyisihan kerugian                                  contracts, generally the allowance for
               kredit ekspektasian disajikan sebagai                                  expected credit losses is presented as a
               provisi;                                                               provision;




                                                                    43
Page 646
                                                                    The original financial statements included herein are in the
                                                                                                          Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                    PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                  As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                            and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                             (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                     unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                            POLICIES INFORMATION (continued)

     d.   Cadangan kerugian penurunan nilai atas                    d.   Allowance for impairment                losses     on
          aset keuangan (lanjutan)                                       financial assets (continued)

          Penyajian    penyisihan   kerugian    kredit                   Presentation of allowance for expected credit
          ekspektasian dalam laporan posisi keuangan                     losses in the statement of financial position
          (lanjutan)                                                     (continued)

          Penyisihan kerugian kredit ekspektasian                        Allowance for expected credit losses is
          disajikan dalam laporan posisi keuangan                        presented in the statement of financial position
          sebagai berikut (lanjutan):                                    as follows (continued):

             Instrumen utang yang diukur pada nilai                         For debt instruments measured at fair value
              wajar melalui penghasilan komprehensif                          through other comprehensive income,
              lain,    penyisihan     kerugian     kredit                     allowance for expected credit losses is not
              ekspektasian tidak disajikan sebagai                            presented as a deduction from carrying
              pengurang dari jumlah tercatat aset dalam                       amount of the asset in the statement of
              laporan posisi keuangan karena jumlah                           financial position because the carrying
              tercatat dari aset-aset ini adalah nilai                        amount of these assets is their fair value.
              wajarnya. Namun demikian penyisihan                             However, the allowance for expected credit
              kerugian kredit ekspektasian diungkapkan                        losses is disclosed and recognized in other
              dan diakui dalam penghasilan komprehensif                       comprehensive income, the fair value
              lain pada komponen nilai wajar.                                 component.

          Penghapusan                                                    Write-off

          Pinjaman dan instrumen utang dihapusbukukan                    Loans and debt instruments are written off when
          ketika tidak ada prospek yang realistis untuk                  there are no realistic prospects for recovering
          memulihkan aset keuangan secara keseluruhan                    the financial asset in whole or in part. This
          atau secara parsial. Hal ini pada umumnya                      generally occurs when the Bank determines that
          terjadi ketika Bank menentukan bahwa                           the borrower does not have assets or sources
          peminjam tidak memiliki aset atau sumber                       of income that can generate sufficient cash
          penghasilan yang dapat menghasilkan arus kas                   flows to pay the written-off amount. However,
          yang cukup untuk membayar jumlah yang                          financial assets that are written-off can still be
          dihapusbukukan. Namun demikian, aset                           taken in accordance with Bank procedures in
          keuangan yang dihapusbukukan masih bisa                        order to recover the amount due.
          dilakukan tindakan penyelamatan sesuai
          dengan prosedur Bank dalam rangka
          pemulihan jumlah yang jatuh tempo.

          Penerimaan kembali atas aset keuangan yang                     Recoveries of financial assets written-off are
          telah  dihapusbukukan      dicatat   sebagai                   recorded as operating income other than
          pendapatan operasional selain bunga.                           interest.

     e.   Giro pada Bank Indonesia dan bank lain                    e.   Current accounts with Bank Indonesia and
                                                                         other banks

          Giro pada Bank Indonesia dan bank lain                         Current accounts with Bank Indonesia and other
          dinyatakan      sebesar    biaya     perolehan                 banks are stated at amortized cost using the
          diamortisasi menggunakan metode suku bunga                     effective interest method less allowance for
          efektif dikurangi cadangan kerugian penurunan                  impairment losses. Current accounts with Bank
          nilai. Giro pada Bank Indonesia dan bank lain                  Indonesia and other banks are classified as
          diklasifikasikan sebagai biaya perolehan                       amortized cost.
          diamortisasi.




                                                            44
Page 647
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                         PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                 and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                  (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                          unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                             POLICIES INFORMATION (continued)

     f.   Penempatan pada Bank Indonesia dan bank                    f.     Placements with Bank Indonesia and other
          lain                                                              Banks

          Penempatan pada Bank Indonesia terdiri dari                       Placements with Bank Indonesia consists of
          penanaman dana pada Bank Indonesia berupa                         placements in the form of Deposit Facility and
          Deposit Facility dan Term Deposit, sedangkan                      Term Deposit, while placements with other
          penempatan dana pada bank lain merupakan                          banks represent placements in other banks.
          penanaman dana pada bank lain.

          Penempatan pada Bank Indonesia dan bank                           Placements with Bank Indonesia and other
          lain dinyatakan sebesar biaya perolehan                           banks are stated at amortized cost using the
          diamortisasi menggunakan metode suku bunga                        effective interest rate method less allowance for
          efektif dikurangi cadangan kerugian penurunan                     impairment losses. Placements with Bank
          nilai. Penempatan pada Bank Indonesia dan                         Indonesia and other banks are classified as
          bank lain diklasifikasikan sebagai biaya                          amortized cost.
          perolehan diamortisasi.

     g.   Efek-efek                                                  g.     Securities

          Efek-efek yang dimiliki terdiri dari Surat                        Securities consist of Government Treasury Bills,
          Perbendaharaan Negara, Obligasi Pemerintah,                       Government bonds, Bank Indonesia Rupiah
          Sekuritas Rupiah Bank Indonesia (SRBI), unit                      Securities (SRBI), mutual fund units, Medium-
          penyertaan reksadana, Medium-Term Note,                           Term Note, Negotiable Certificate Deposit and
          Negotiable Certificate Deposit dan obligasi lain                  other bonds acquired through the primary and
          yang diperoleh melalui pasar perdana dan                          secondary markets.
          sekunder.

          Efek-efek pada awalnya disajikan sebesar nilai                    Securities initially are stated at fair value. After
          wajarnya. Setelah pengakuan awal, efek-efek                       initial recognition, securities are recorded
          dicatat sesuai dengan kategorinya yaitu biaya                     according to their categories, which is amortized
          perolehan diamortisasi, nilai wajar melalui                       cost, fair value through other comprehensive
          penghasilan komprehensif lain, atau nilai wajar                   income or fair value through profit or loss.
          melalui laba rugi.

          Penilaian      efek-efek    didasarkan     atas                   The valuation of securities is based on the
          klasifikasinya sebagai berikut:                                   classification as follows:

          (1) Efek-efek      pada    biaya      perolehan                   (1) Securities categorized as amortized cost
              diamortisasi dicatat pada biaya perolehan                         are stated at amortized cost using the
              yang diamortisasi menggunakan suku                                effective interest method.
              bunga efektif.
          (2) Efek-efek yang diperdagangkan dinyatakan                      (2) Securities that are held for trading are
              pada nilai wajar. Keuntungan dan kerugian                         stated at fair value. Gains and losses
              yang timbul dari perubahan nilai wajar efek-                      arising from changes in fair value of
              efek diakui dalam laporan laba rugi dan                           securities are recognized in the statements
              penghasilan komprehensif lain.                                    of profit or loss and other comprehensive
                                                                                income.




                                                             45
Page 648
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                          PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                        As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                  and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                   (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                           unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                              POLICIES INFORMATION (continued)

     g.   Efek-efek (lanjutan)                                        g.     Securities (continued)

          Penilaian      efek-efek    didasarkan       atas                  The valuation of securities is based on the
          klasifikasinya sebagai berikut (lanjutan):                         classification as follows (lanjutan):

          (3) Efek-efek yang diklasifikasikan sebagai nilai                  (3) Securities classified as fair value through
              wajar melalui penghasilan komprehensif lain                        other comprehensive income are stated at
              dinyatakan pada nilai wajar. Pendapatan                            fair value. Interest income is recognized in
              bunga diakui dalam laporan laba rugi dan                           the statements of profit or loss and other
              penghasilan          komprehensif        lain                      comprehensive income using the effective
              menggunakan suku bunga efektif. Laba atau                          interest method. Foreign exchange gains or
              rugi selisih kurs atas efek-efek diakui pada                       losses on marketable securities are
              laporan laba rugi dan penghasilan                                  recognized in the statements of profit or
              komprehensif lain. Perubahan nilai wajar                           loss and other comprehensive income.
              lainnya diakui secara langsung dalam                               Other fair value changes are recognized
              ekuitas sampai dengan efek-efek tersebut                           directly in equity until the securities are
              dijual, dimana keuntungan dan kerugian                             sold, whereby the cumulative gains and
              kumulatif yang sebelumnya diakui dalam                             losses previously recognized in equity are
              ekuitas harus diakui pada laporan laba rugi                        recognized in the statement of profit or loss
              dan penghasilan komprehensif lain.                                 and other comprehensive income.

     h.   Efek-efek yang dibeli dengan janji dijual                   h.     Securities purchased under agreement to
          kembali                                                            resell

          Efek-efek yang dibeli dengan janji untuk dijual                    Securities purchased under agreement to resell
          kembali disajikan sebagai aset keuangan dalam                      are presented as financial assets in the
          laporan posisi keuangan sebesar jumlah                             statement of financial position, at the net resale
          penjualan kembali dikurangi dengan bunga                           price of unamortized interest and net of
          yang belum diamortisasi dan cadangan                               allowance for impairment losses.
          kerugian penurunan nilai.

          Selisih antara harga beli dan harga jual kembali                   The difference between the purchase price and
          diperlakukan sebagai pendapatan bunga yang                         the resale price is treated as unearned interest
          ditangguhkan (belum diamortisasi) dan diakui                       income (unamortized) and recognized as
          sebagai pendapatan selama periode sejak efek-                      income over the period starting from when those
          efek tersebut dibeli hingga dijual kembali                         securities are purchased until they are resold
          dengan menggunakan suku bunga efektif.                             using effective interest rate.

          Efek-efek yang dibeli dengan janji untuk dijual                    Securities purchased under agreement to resell
          kembali    diklasifikasikan sebagai      biaya                     are classified as amortized cost.
          perolehan diamortisasi.

     i.   Kredit yang diberikan                                       i.     Loans

          Kredit yang diberikan adalah penyediaan uang                       Loans represent the lending of money or
          atau tagihan yang dapat disetarakan dengan                         equivalent receivables, under contract or
          itu, berdasarkan persetujuan atau kesepakatan                      borrowing and lending commitment with
          pinjam-meminjam      dengan     debitur  yang                      debtors, whereby the debtors are required to
          mewajibkan debitur untuk melunasi utangnya                         repay their debts with interest after a specified
          setelah jangka waktu tertentu dan membayar                         period of time.
          imbalan bunga.




                                                              46
Page 649
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                           PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                         As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                   and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                    (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                            unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                         2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                               POLICIES INFORMATION (continued)

     i.   Kredit yang diberikan (lanjutan)                             i.     Loans (continued)

          Kredit yang diberikan pada awalnya diukur pada                      Loans are initially measured at fair value plus
          nilai wajar ditambah dengan biaya transaksi                         transaction costs that are directly attributable
          yang dapat diatribusikan secara langsung dan                        and is the additional costs to obtain the financial
          merupakan biaya tambahan untuk memperoleh                           assets, and after initial recognition are
          aset keuangan tersebut, dan setelah                                 measured at amortized cost based on the
          pengakuan awal diukur pada biaya perolehan                          effective interest rate method less allowance for
          diamortisasi menggunakan metode suku bunga                          impairment losses.
          efektif dikurangi dengan cadangan kerugian
          penurunan nilai.

          Kredit yang diberikan diklasifikasikan sebagai                      Loans are classified as amortized cost.
          biaya perolehan diamortisasi.

          Kredit dalam rangka pembiayaan bersama                              Loans extended under syndication agreements
          (kredit sindikasi) dinyatakan sebesar pokok                         are recognized at the nominal amount to the
          kredit sesuai dengan porsi risiko yang                              extent of the risks, borne by the Bank.
          ditanggung oleh Bank.

          Kredit yang direstrukturisasi disajikan sebesar                     Restructured loans are stated at the lower of
          nilai yang lebih rendah antara nilai tercatat                       carrying value on the date of restructuring or net
          kredit pada tanggal restrukturisasi atau nilai                      present value of the total future cash receipts
          tunai penerimaan kas masa depan setelah                             after restructuring. Losses arising from any
          restrukturisasi. Kerugian akibat selisih antara                     excess of the carrying value of the loan at the
          nilai tercatat kredit pada tanggal restrukturisasi                  time of restructuring over the net present value
          dan nilai tunai penerimaan kas masa depan                           of the total future cash receipts after
          setelah restrukturisasi diakui dalam laporan                        restructuring are recognized in the statement of
          laba rugi dan penghasilan komprehensif lain.                        profit or loss and other comprehensive income.
          Setelah restrukturisasi, semua penerimaan kas                       Thereafter, all cash receipts under the new
          masa      depan      yang    ditetapkan    dalam                    terms shall be accounted for as the recovery of
          persyaratan baru dicatat sebagai pengembalian                       principal and interest income, in accordance
          pokok kredit yang diberikan dan pendapatan                          with the restructuring scheme.
          bunga       sesuai      dengan      syarat-syarat
          restrukturisasi.

          Kredit yang diberikan dihapusbukukan ketika                         Loans are written-off when there are no realistic
          tidak terdapat prospek yang realistis mengenai                      prospect of future recovery, and all collateral
          pengembalian di masa datang dan semua                               have been realized or have been foreclosed.
          jaminan telah diupayakan untuk direalisasi atau                     When loans are deemed uncollectible, it is
          sudah diambil alih. Kredit yang tidak dapat                         written-off against the related allowance for
          dilunasi dihapusbukukan dengan mendebit                             impairment losses. Recoveries of loans written-
          cadangan kerugian penurunan nilai. Pelunasan                        off are recorded as operating income other than
          kemudian       atas    kredit    yang     telah                     interest.
          dihapusbukukan dicatat sebagai pendapatan
          operasional selain bunga.




                                                               47
Page 650
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                         PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                 and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                  (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                          unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                             POLICIES INFORMATION (continued)

     j.   Efek-efek yang dijual dengan janji dibeli                  j.     Securities sold       under     agreements        to
          kembali                                                           repurchase

          Efek-efek yang dijual dengan janji untuk dibeli                   Securities sold under agreements to repurchase
          kembali disajikan sebagai liabilitas dalam                        are presented as liabilities in the statement of
          laporan posisi keuangan sebesar harga                             financial position at the repurchase price, net of
          pembelian kembali, dikurangi dengan bunga                         unamortized prepaid interest. The difference
          dibayar dimuka yang belum diamortisasi.                           between the selling price and the repurchase
          Selisih antara harga jual dan harga beli kembali                  price is treated as prepaid interest and
          diperlakukan sebagai bunga dibayar dimuka                         recognized as interest expense over the period
          dan diakui sebagai beban bunga selama jangka                      starting from when those securities are sold until
          waktu sejak efek-efek tersebut dijual hingga                      they are repurchased by using effective interest
          dibeli kembali menggunakan metode suku                            rate method.
          bunga efektif.

          Efek-efek yang dijual dengan janji untuk dibeli                   Securities sold under agreements to repurchase
          kembali diklasifikasikan sebagai liabilitas                       are are classified as financial liabilities at
          keuangan yang diukur dengan biaya perolehan                       amortized cost.
          diamortisasi.

     k.   Penyertaan saham                                           k.     Investment in shares of stocks

          Penyertaan saham terutama merupakan                               Investment in shares of stocks represent
          penanaman dana dalam bentuk saham pada                            investment of funds in the form of shares of non
          perusahaan yang tidak melalui pasar modal                         public companies for long-term investment
          untuk tujuan investasi jangka panjang.                            purposes.

          Penyertaan saham pada entitas dimana Bank                         Investment in shares of stocks in which the
          tidak memiliki pengaruh yang signifikan dicatat                   Bank does not have any significant influence is
          pada nilai wajar sesuai dengan PSAK 109.                          recorded at fair value in accordance with SFAS
                                                                            109.

          Dividen kas yang diterima atas penyertaan                         Cash dividends received from investment in
          saham diakui sebagai pendapatan.                                  shares of stocks are recognized as income.

     l.   Aset tetap, aset hak guna dan liabilitas sewa              l.     Premises and equipments, right-of-use
          serta aset tidak berwujud                                         assets and lease liabilities and intangible
                                                                            assets

          Aset tetap                                                        Premises and equipments

          Aset tetap awalnya diakui sebesar biaya                           Premises and equipments are initially
          perolehan, yang terdiri atas harga perolehan                      recognized at cost, which comprises its
          dan biaya-biaya tambahan yang dapat                               purchase price and any costs directly
          diatribusikan langsung untuk membawa aset ke                      attributable in bringing the asset to the location
          lokasi dan kondisi yang diinginkan supaya aset                    and condition necessary for it to be capable of
          tersebut siap digunakan sesuai dengan maksud                      operating in the manner intended by
          manajemen.                                                        management.

          Setelah pengakuan awal, aset tetap dinyatakan                     Subsequent to initial recognition, premises and
          pada biaya perolehan dikurangi akumulasi                          equipments are carried at cost less any
          penyusutan dan akumulasi rugi penurunan nilai.                    subsequent accumulated depreciation and
                                                                            impairment losses.




                                                             48
Page 651
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                          PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                        As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                  and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                   (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                           unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                              POLICIES INFORMATION (continued)

     l.   Aset tetap, aset hak guna dan liabilitas sewa               l.     Premises and equipments, right-of-use
          serta aset tidak berwujud (lanjutan)                               assets and lease liabilities and intangible
                                                                             assets (continued)

          Aset tetap (lanjutan)                                              Premises and equipments (continued)

          Aset tetap yang diperoleh dalam pertukaran                         Premises and equipments acquired in
          aset non-moneter atau kombinasi aset moneter                       exchange for a non-monetary asset or for a
          dan non-moneter diukur pada nilai wajar,                           combination of monetary and non-monetary
          kecuali:                                                           assets are measured at fair values, unless:

          (i)  transaksi    pertukaran    tidak   memiliki                   (i)  the exchange transaction lacks commercial
               substansi komersial, atau                                          substance, or
          (ii) nilai wajar dari aset yang diterima dan                       (ii) neither the fair value of the assets received
               diserahkan tidak dapat diukur secara andal.                        nor the assets given up can be measured
                                                                                  reliably.

          Penyusutan aset dimulai pada saat aset                             Depreciation of an asset starts when it is ready
          tersebut siap untuk digunakan sesuai maksud                        to use and is computed using the straight-line
          penggunaannya      dan    dihitung   dengan                        method based on the estimated economic
          menggunakan metode garis lurus berdasarkan                         useful lives of the assets as follows:
          estimasi umur manfaat ekonomis sebagai
          berikut:

                                         Tahun/Years              Persentase/Percentage
          Bangunan                            20-30                         3,33%-5%                                Buildings
          Renovasi bangunan sewa                5                              20%            Office leasehold improvements
          Kendaraan                             5                              20%                                  Vehicles
          Perlengkapan kantor                   5                              20%                         Office equipments

          Penilaian aset tetap dilakukan atas penurunan                      The carrying amounts of premises and
          dan kemungkinan penurunan nilai wajar aset                         equipments are reviewed for impairment and
          jika terjadi peristiwa atau perubahan keadaan                      probability of impairment when events or
          yang mengindikasikan bahwa nilai tercatat                          changes in circumstances indicate that the
          mungkin tidak dapat seluruhnya terealisasi.                        carrying values may not be fully recoverable.

          Jumlah tercatat komponen dari suatu aset tetap                     The carrying amount of an item of premises and
          dihentikan pengakuannya pada saat dilepaskan                       equipments is derecognized upon disposal or
          atau saat sudah tidak ada lagi manfaat                             when no future economic benefits are expected
          ekonomik masa depan yang diekspektasikan                           from its use or disposal. Any gain or loss arising
          dari penggunaan maupun pelepasannya. Laba                          from the derecognition of the asset is directly
          atau rugi yang timbul dari penghentian                             included in the profit or loss when the item is
          pengakuan tersebut dimasukkan kedalam laba                         derecognized.
          rugi untuk tahun dimana penghentian
          pengakuan tersebut dilakukan.

          Nilai residu, umur manfaat dan metode                              The asset residual value, useful life and
          penyusutan dievaluasi setiap akhir tahun dan                       depreciation method are evaluated at each year
          disesuaikan secara prospektif, jika diperlukan.                    end and adjusted prospectively, if necessary.

          Tanah dinyatakan sebesar biaya perolehan dan                       Lands are stated at cost and not depreciated.
          tidak disusutkan.




                                                             49
Page 652
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                         PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                 and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                  (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                          unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                             POLICIES INFORMATION (continued)

     l.   Aset tetap, aset hak guna dan liabilitas sewa              l.     Premises and equipments, right-of-use
          serta aset tidak berwujud (lanjutan)                              assets and lease liabilities and intangible
                                                                            assets (continued)

          Aset tetap (lanjutan)                                             Premises and equipments (continued)

          Jika biaya perolehan tanah termasuk biaya                         If the cost of land includes the costs of site
          pembongkaran, pemindahan dan restorasi                            dismantlement, removal and restoration, and
          lokasi, serta manfaat yang diperoleh dari                         the benefits from the site dismantlement,
          pembongkaran, pemindahan dan pemugaran                            removal and restoration is limited, that cost is
          tersebut terbatas, maka biaya tersebut                            depreciated over the period of benefits
          disusutkan selama periode manfaat yang                            obtained. In some cases, the land itself may
          diperolehnya. Dalam beberapa kasus, tanah itu                     have a limited useful life, in which case it is
          sendiri dapat memiliki umur manfaat yang                          depreciated in a manner that reflects the
          terbatas, dalam hal ini, tanah tersebut                           benefits to be derived from it.
          disusutkan dengan cara yang mencerminkan
          manfaat yang diperoleh dari tanah tersebut.

          Beban       pemeliharaan    dan    perbaikan                      Repairs and maintenance are taken to the profit
          dibebankan pada operasi pada saat terjadinya.                     or loss when these are incurred. The cost of
          Beban pemugaran dan penambahan dalam                              major renovation and restoration is capitalized
          jumlah besar dikapitalisasi kepada jumlah                         to the carrying amount of the related premises
          tercatat aset tetap terkait bila besar                            and equipment when it is probable that future
          kemungkinan bagi Bank manfaat ekonomi                             economic benefits in excess of the originally
          masa depan menjadi lebih besar dari standar                       assessed standard of performance of the
          kinerja awal yang ditetapkan sebelumnya dan                       existing asset and is depreciated over the
          disusutkan sepanjang sisa masa manfaat aset                       remaining useful life of the related asset.
          tetap terkait.

          Aset tetap dalam penyelesaian dicatat sebesar                     Constructions in-progress are stated at cost,
          biaya perolehan, yang mencakup kapitalisasi                       including capitalized borrowing costs and other
          beban pinjaman dan biaya-biaya lainnya yang                       charges incurred in connection with the
          terjadi sehubungan dengan pendanaan aset                          financing of the fixed asset constructions. The
          tetap dalam penyelesaian tersebut. Akumulasi                      accumulated costs will be reclassified to the
          biaya perolehan akan direklasifikasi ke akun                      appropriate “Premises and Equipments”
          “Aset Tetap” yang bersangkutan pada saat aset                     account when the construction is completed and
          tetap tersebut telah selesai dikerjakan dan siap                  the assets are ready for their intended use.
          untuk     digunakan.     Aset     tetap   dalam                   Assets under construction are not depreciated
          penyelesaian tidak disusutkan karena belum                        as these are not yet available for use.
          tersedia untuk digunakan.

          Biaya pengurusan legal hak atas tanah dalam                       The legal cost of land rights in the form of
          bentuk Hak Guna Usaha (HGU), Hak Guna                             Business Usage Rights (Hak Guna Usaha or
          Bangunan (HGB) dan Hak Pakai (HP) ketika                          HGU), Building Usage Right (Hak Guna
          tanah diperoleh pertama kali diakui sebagai                       Bangunan or HGB) and Usage Rights (Hak
          bagian dari biaya perolehan tanah pada akun                       Pakai or HP) when the land was initially
          “Aset Tetap”.                                                     acquired are recognized as part of the cost of
                                                                            the land under the “Premises and Equipments”.

          Aset hak guna dan liabilitas sewa                                 Right-of-use assets and lease liabilities

          Bank menerapkan PSAK 116 tentang “Sewa”                           The Bank applied SFAS 116 on “Leases” for all
          untuk seluruh sewa dengan mengakui aset hak                       leases by recognizing right-of-use assets and
          guna dan liabilitas terkait, dengan 2 (dua)                       related liabilities, with 2 (two) exceptions,
          pengecualian yaitu aset pendasar bernilai                         namely low value underlying assets and short-
          rendah dan sewa jangka pendek.                                    term leases.



                                                             50
Page 653
                                                                   The original financial statements included herein are in the
                                                                                                         Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                       PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                        unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                     2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                           POLICIES INFORMATION (continued)

     l.   Aset tetap, aset hak guna dan liabilitas sewa            l.     Premises and equipments, right-of-use
          serta aset tidak berwujud (lanjutan)                            assets and lease liabilities and intangible
                                                                          assets (continued)

          Aset hak guna dan liabilitas sewa (lanjutan)                    Right-of-use    assets    and    lease     liabilities
                                                                          (continued)

          Pada tanggal insepsi suatu kontrak, Bank                        At the inception date of a contract, the Bank
          menilai apakah suatu kontrak merupakan, atau                    assesses whether a contract constitutes, or
          mengandung, sewa. Suatu kontrak merupakan,                      contains, a lease. A contract is, or contains, a
          atau mengandung, sewa jika kontrak tersebut                     lease if it conveys the right to control the use of
          memberikan       hak    untuk    mengendalikan                  an asset for a specified period of time in
          penggunaan suatu aset selama suatu jangka                       exchange for a fee. To assess whether a
          waktu tertentu untuk dipertukarkan dengan                       contract provides the right to control an
          imbalan. Untuk menilai apakah suatu kontrak                     identifying asset, the Bank assesses whether:
          memberikan hak untuk mengendalikan suatu
          aset identifikasian, Bank menilai apakah:

             Kontrak melibatkan penggunaan suatu aset                       Contracts involve the use of an identifying
              identifikasian.                                                 asset.
             Bank memiliki hak untuk memperoleh                             The Bank has the right to obtain
              secara substansial seluruh manfaat                              substantially all economic benefits from the
              ekonomi dari penggunaan aset selama                             use of assets during the period of use; and
              periode penggunaan; dan
             Bank memiliki hak untuk mengendalikan                          The Bank has the right to control
              aset identifikasian dalam bentuk:                               identification assets in the form of:
              a. Bank          memiliki    hak   untuk                        a. The bank has the right to operate the
                   mengoperasikan aset.                                           assets.
              b. Bank         mempunyai     hak  untuk                        b. The bank has the right to determine the
                   menetapkan tujuan apa aset akan                                purpose for which the assets will be
                   digunakan.                                                     used.

          Pada tanggal insepsi atau pada saat penilaian                   At the inception date or at the time of revaluation
          kembali suatu kontrak yang mengandung suatu                     of a contract containing a lease component, the
          komponen sewa, Bank mengalokasikan                              Bank allocates the fee in the contract to each
          imbalan dalam kontrak ke masing-masing                          component of the lease based on the relative
          komponen sewa berdasarkan harga tersendiri                      separate prices of the lease component.
          relatif dari komponen sewa.

          Pembayaran sewa yang termasuk dalam                             Lease payments that are included in the
          pengukuran liabilitas sewa meliputi:                            measurement of lease obligations consist of:

             Pembayaran lunas dimuka.                                       Payment in full in advance.
             Pembayaran angsuran tetap.                                     Fixed installment payments.
             Pembayaran angsuran sewa berubah yang                          The rental installment payment changes
              bergantung pada fluktuasi pembayaran                            that depends on the fluctuation of the rental
              sewa yang ditetapkan oleh counterpart.                          payment determined by the counterpart.




                                                           51
Page 654
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                          PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                        As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                  and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                   (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                           unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                              POLICIES INFORMATION (continued)

     l.   Aset tetap, aset hak guna dan liabilitas sewa               l.     Premises and equipments, right-of-use
          serta aset tidak berwujud (lanjutan)                               assets and lease liabilities and intangible
                                                                             assets (continued)

          Aset hak guna dan liabilitas sewa (lanjutan)                       Right-of-use   assets     and    lease     liabilities
                                                                             (continued)

          Bank mengakui aset hak-guna dan liabilitas                         The Bank recognizes right-of-use assets and
          sewa pada tanggal dimulainya sewa. Aset hak-                       lease liabilities on the inception date of the
          guna awalnya diukur pada biaya perolehan,                          lease. Right-of-use assets are initially measured
          yang terdiri dari jumlah pengukuran awal dari                      at cost, which consists of the initial
          liabilitas sewa disesuaikan dengan pembayaran                      measurement amount of the lease obligations
          sewa yang dilakukan pada atau sebelum                              adjusted with the lease payments made on or
          tanggal permulaan, ditambah dengan biaya                           before the inception date, plus the initial direct
          langsung awal yang dikeluarkan.                                    costs incurred.

          Setelah tanggal permulaan, aset hak-guna                           After the inception date, the right-of-use assets
          diukur dengan model biaya. Aset hak-guna                           are measured using the cost model. Right-of-
          diukur sebesar harga perolehan dikurangi                           use assets are measured at cost less
          akumulasi depresiasi dan akumulasi penurunan                       accumulated depreciation and accumulated
          nilai serta disesuaikan dengan pengukuran                          impairment       losses and adjusted with
          kembali liabilitas sewa. Liabilitas sewa diukur                    remeasurement of lease liabilities. Lease
          pada      biaya      perolehan      diamortisasi                   liabilities are measured at amortized cost using
          menggunakan metode suku bunga efektif.                             the effective interest method.

          Sewa jangka pendek dengan durasi kurang dari                       Short-term leases with a duration less than 12
          12 (dua belas) bulan dan sewa aset bernilai                        (twelve) months and leases with low value
          rendah, serta elemen-elemen sewa tersebut,                         assets, as well as elements of such leases,
          sebagian atau seluruhnya tidak menerapkan                          partially or entirely do not apply the recognition
          prinsip-prinsip pengakuan yang ditentukan oleh                     principles stipulated by SFAS 116. The Bank will
          PSAK 116. Bank akan mengakui pembayaran                            recognize lease payments on a straight-line
          sewa tersebut dengan dasar garis lurus selama                      basis over the lease term in the statement of
          masa sewa dalam laporan laba rugi dan                              profit or loss and other comprehensive income.
          penghasilan komprehensif lain. Beban ini                           These expenses are presented under general
          disajikan pada beban umum dan administrasi                         and administrative expenses in the income
          dalam laporan laba rugi.                                           statement.

          Aset tak berwujud                                                  Intangible assets

          Aset tak berwujud terdiri dari perangkat lunak                     Intangible assets consist of software purchased
          yang dibeli Bank, yang bukan merupakan                             by the Bank that is not an integral part of a
          bagian integral dari perangkat keras yang                          related hardware.
          terkait.

          Aset tidak berwujud diakui jika, atau hanya jika,                  Intangible assets are recognized if, and only if,
          biaya perolehan aset tersebut dapat diukur                         when its cost can be measured reliably and it is
          secara andal dan kemungkinan besar Bank                            probable that expected future benefits that are
          akan memperoleh manfaat ekonomis masa                              attributable to it will flow to the Bank.
          depan dari aset tersebut.




                                                              52
Page 655
                                                                        The original financial statements included herein are in the
                                                                                                              Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                            PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                          As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                    and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                     (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                             unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                          2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)

     l.   Aset tetap, aset hak guna dan liabilitas sewa                 l.     Premises and equipments, right-of-use
          serta aset tidak berwujud (lanjutan)                                 assets and lease liabilities and intangible
                                                                               assets (continued)

          Aset tak berwujud (lanjutan)                                         Intangible assets (continued)

          Aset tak berwujud dicatat sebesar biaya                              Intangible assets are stated at cost less
          perolehan dikurangi akumulasi amortisasi dan                         accumulated amortization and accumulated
          akumulasi kerugian penurunan nilai.                                  impairment losses.

          Amortisasi diakui dalam laba rugi dengan                             Amortization is recognized in profit or loss using
          menggunakan metode garis lurus berdasarkan                           the straight-line method based on the estimated
          taksiran masa manfaat ekonomis selama 5                              useful life of 5 (five) years, starting when the
          (lima) tahun, dimulai dari pada saat aset tak                        intangible assets are ready to be used in
          berwujud tersebut siap untuk digunakan sesuai                        accordance with the intended use.
          dengan maksud penggunaannya.

          Nilai residu, umur manfaat dan metode                                The residual value, useful life and amortization
          amortisasi ditelaah setiap akhir tahun dan                           method are reviewed at the end of each year
          disesuaikan jika diperlukan.                                         and adjusted, if necessary.

          Aset tidak berwujud dihentikan pengakuannya                          An intangible asset shall be derecognized on
          jika dilepas atau ketika tidak terdapat lagi                         disposal or when no future economic benefits
          manfaat ekonomi masa depan yang diharapkan                           are expected from its use or disposal. The gain
          dari    penggunaan     atau    pelepasannya.                         or loss arising from the derecognition of an
          Keuntungan atau kerugian yang muncul dari                            intangible asset shall be determined as the
          penghentian pengakuan aset tak berwujud                              difference between the net disposal proceeds, if
          ditentukan sebagai selisih antara hasil neto                         any, and the carrying amount of the asset.
          pelepasan, jika ada, dan jumlah tercatat aset.                       Gains and losses shall be recognized in profit or
          Keuntungan atau kerugian diakui dalam laba                           loss when asset is derecognized.
          rugi    ketika   aset   tersebut   dihentikan
          penggunaannya.

     m. Penurunan nilai aset non-keuangan                               m. Impairment of non-financial assets

          Pada setiap akhir periode pelaporan, Bank                            The Bank assesses at each annual reporting
          menilai apakah terdapat indikasi suatu aset                          period whether there is an indication that an
          mengalami penurunan nilai. Jika terdapat                             asset may be impaired. If such indication exists,
          indikasi tersebut atau pada saat pengujian                           or when annual impairment testing for an asset
          tahunan atas penurunan nilai aset tertentu                           is required, Bank will make an estimation of the
          diperlukan, maka Bank akan membuat estimasi                          asset’s recoverable amount.
          atas jumlah terpulihkan aset tersebut.

          Jumlah terpulihkan yang ditentukan untuk aset                        An asset’s recoverable amount for individual
          individual adalah jumlah yang lebih tinggi antara                    asset is the higher of an asset’s fair value or
          nilai wajar aset atau Unit Penghasil Kas (UPK)                       Cash Generating Unit (CGU) less costs of
          dikurangi biaya pelepasan dengan nilai                               disposal and its value in use, unless the asset
          pakainya,      kecuali     aset tersebut tidak                       does not generate cash inflows that are largely
          menghasilkan arus kas masuk yang sebagian                            independent from other assets or groups of
          besar independen dari aset atau kelompok aset                        assets. Where the carrying amount of an asset
          lain. Jika nilai tercatat aset lebih besar daripada                  exceeds its recoverable amount, the asset is
          nilai terpulihkannya, maka aset tersebut                             considered impaired and is recorded to its
          dianggap mengalami penurunan nilai dan nilai                         recoverable amount.
          tercatat aset diturunkan menjadi sebesar nilai
          terpulihkannya.




                                                                53
Page 656
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                       PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                        unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                         2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                               POLICIES INFORMATION (continued)

     m. Penurunan         nilai    aset    non-keuangan                m. Impairment          of     non-financial        assets
        (lanjutan)                                                        (continued)

          Rugi penurunan nilai dari operasi yang                            Impairment losses of continuing operations are
          berkelanjutan diakui pada laporan laba rugi dan                   recognized in the statement of profit or loss and
          penghasilan komprehensif lain sebagai “rugi                       other comprehensive income as “impairment
          penurunan nilai”. Dalam menghitung nilai pakai,                   losses”. In assessing the value in use, the
          estimasi arus kas masa depan neto                                 estimated net future cash flows are discounted
          didiskontokan     ke     nilai   kini    dengan                   to their present value using a pre-tax discount
          menggunakan tingkat diskonto sebelum pajak                        rate that reflects current market assessments of
          yang menggambarkan penilaian pasar kini atas                      the time value of money and the risks specific to
          nilai waktu uang dan risiko spesifik aset.                        the asset.

          Dalam menentukan nilai wajar dikurangi biaya                      In determining fair value less costs of
          pelepasan, mengacu pada PSAK 113 tentang                          disposal, refer to SFAS 113 on "Fair Value
          “Pengukuran Nilai Wajar” (Catatan 2b).                            Measurements" (Note 2b).

          Pengukuran nilai wajar aset non-keuangan                          A fair value measurement of non-financial
          memperhitungkan kemampuan pelaku pasar                            assets considers a market participant’s ability to
          untuk menghasilkan manfaat ekonomi dengan                         generate economic benefits by using the asset
          menggunakan aset dalam penggunaan tertinggi                       in its highest and best use or by selling it to other
          dan terbaiknya atau dengan menjualnya                             market participants would use the asset in its
          kepada pelaku pasar lain yang akan                                highest and best use.
          menggunakan aset tersebut dalam penggunaan
          tertinggi dan terbaiknya.

          Kerugian penurunan nilai dari operasi yang                        Impairment losses of continuing operations, if
          berkelanjutan, jika ada, diakui pada laporan                      any, are recognized in the statement of profit or
          laba rugi dan penghasilan komprehensif lain                       loss and other comprehensive income under
          sesuai dengan kategori biaya yang konsisten                       expense categories that are consistent with the
          dengan fungsi aset yang diturunkan nilainya.                      functions of the impaired assets.

     n.   Agunan yang diambil alih                                     n.   Foreclosed collaterals

          Agunan yang diambil alih sehubungan dengan                        Foreclosed collaterals acquired in settlement of
          penyelesaian kredit diakui sebesar nilai neto                     loans are recognized at their net realizable
          yang dapat direalisasi atau sebesar nilai tercatat                values or stated at their carrying amount of
          dari kredit, mana yang lebih rendah. Nilai neto                   loans, whichever is lower. Net realizable value
          yang dapat direalisasi adalah nilai wajar agunan                  is the fair value of the collateral after deducting
          setelah dikurangi estimasi biaya pelepasan.                       the estimated costs of disposal. The excess of
          Kelebihan saldo kredit yang diberikan, yang                       loan balances which has not been paid by
          belum dilunasi oleh peminjam diatas nilai dari                    debtors over the value of foreclosed collaterals
          agunan yang diambil alih, dibebankan sebagai                      is charged to allowance for possible losses on
          penyisihan, kerugian atas kredit yang diberikan                   loans in the current year. The difference
          pada tahun berjalan. Selisih antara nilai agunan                  between the value of the foreclosed collateral
          yang diambil alih dengan hasil penjualannya                       and the proceeds from the sale is recognized as
          diakui sebagai keuntungan atau kerugian pada                      a gain or loss at the time of sale of the collateral.
          saat penjualan agunan.




                                                               54
Page 657
                                                                    The original financial statements included herein are in the
                                                                                                          Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                    PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                  As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                            and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                             (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                     unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                            POLICIES INFORMATION (continued)

     n.   Agunan yang diambil alih (lanjutan)                       n.   Foreclosed collaterals (continued)

          Bank mengevaluasi nilai agunan yang diambil                    The Bank regularly evaluates the value of
          alih secara berkala. Penyisihan kerugian                       foreclosed collaterals. The allowance are
          agunan yang diambil alih dibentuk berdasarkan                  provided based on the impairment of foreclosed
          penurunan nilai agunan yang diambil alih.                      collaterals.

          Beban perbaikan (reconditioning cost) yang                     Reconditioning costs that occur after collateral
          timbul     setelah pengambilalihan agunan                      foreclosed are capitalized to its account.
          dikapitalisasi dalam akun agunan yang diambil
          alih tersebut.

     o.   Biaya dibayar dimuka                                      o.   Prepaid expenses

          Biaya dibayar dimuka diamortisasi selama                       Prepaid expenses are amortized over their
          masa manfaat dengan menggunakan metode                         useful lives using the straight-line method.
          garis lurus (straight-line method).

     p.   Liabilitas segera                                         p.   Liabilities due immediately

          Liabilitas segera merupakan liabilitas Bank                    Liabilities due immediately represent the liability
          kepada pihak lain yang sifatnya wajib segera                   of the Bank to external parties which by nature
          dibayarkan sesuai dengan perintah pemberi                      should be paid immediately in accordance with
          amanat perjanjian yang ditetapkan sebelumnya.                  the requirements in the agreement which have
                                                                         been previously determined.

          Liabilitas segera diklasifikasikan sebagai                     Liabilities due immediately are classified as
          liabilitas keuangan dan dihitung berdasarkan                   financial liabilities and are recorded at amortized
          biaya perolehan diamortisasi.                                  cost.

     q.   Simpanan nasabah dan bank lain                            q.   Deposits from customers and other banks

          Giro merupakan simpanan nasabah yang                           Demand deposits represent funds deposited by
          penarikannya dapat dilakukan setiap saat                       customers which can be withdrawn any time by
          menggunakan cek, atau dengan cara                              using a cheque, or through transfer with a bank
          pemindahbukuan dengan bilyet giro atau                         draft or other forms of payment order. These
          sarana perintah pembayaran lainnya. Giro                       demand deposits are stated at the amount due
          dinyatakan sebesar nilai liabilitas kepada                     to the account holder.
          pemegang giro.

          Tabungan merupakan simpanan nasabah yang                       Saving deposits represent customers' funds
          penarikannya hanya dapat dilakukan menurut                     which the depositors are entitled to withdraw
          syarat tertentu yang disepakati. Tabungan                      under certain agreed conditions. Saving
          dinyatakan sebesar nilai liabilitas kepada                     deposits are stated at the amount due to the
          pemilik tabungan.                                              account holders.

          Deposito berjangka merupakan simpanan                          Time deposits represent funds deposited by
          nasabah yang penarikannya hanya dapat                          customers that can be withdrawn only at a
          dilakukan pada waktu tertentu sesuai perjanjian                certain point of time as stated in the contract
          antara penyimpan dengan Bank. Deposito                         between the depositor and the Bank. Time
          berjangka dinyatakan sebesar nilai nominal                     deposits are recorded at the nominal amount
          yang tercantum dalam bilyet deposito atau yang                 stated in the deposit certificate or at the amount
          diperjanjikan.                                                 stated in the agreement.




                                                            55
Page 658
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                          PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                        As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                  and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                   (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                           unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                              POLICIES INFORMATION (continued)

     q.   Simpanan nasabah dan bank lain (lanjutan)                   q.     Deposits from customers and other banks
                                                                             (continued)

          Simpanan dari bank lain terdiri dari liabilitas                    Deposits from other banks consist of liabilities to
          terhadap bank lain, baik lokal maupun luar                         other banks, either domestic or overseas, in the
          negeri, dalam bentuk giro, deposito berjangka                      form of demand deposits, time deposits and
          dan inter-bank call money serta dinyatakan                         inter-bank call money and stated at the amount
          sesuai dengan jumlah liabilitas terhadap bank                      due to banks.
          tersebut.

          Simpanan       nasabah    dan      bank    lain                    Deposits from customers and other banks are
          diklasifikasikan sebagai liabilitas keuangan                       classified as financial liabilities measured at
          yang diukur dengan biaya perolehan                                 amortized cost using effective interest rate
          diamortisasi menggunakan metode suku bunga                         method. Incremental costs directly attributable
          efektif.   Biaya    tambahan     yang    dapat                     to the acquisition of deposits from customers
          diatribusikan    secara   langsung      dengan                     are deducted from the amount of deposits.
          perolehan simpanan nasabah dikurangkan dari
          jumlah simpanan yang diterima.

     r.   Pinjaman yang diterima                                      r.     Fund borrowings

          Pinjaman yang diterima merupakan dana yang                         Fund borrowings represent funds received from
          diterima dari pihak lain dengan liabilitas                         other parties with a repayment obligation in
          pembayaran      kembali      sesuai dengan                         accordance with the terms of the borrowing
          persyaratan perjanjian pinjaman.                                   agreement.

          Pinjaman yang diterima diakui sebesar nilai                        Fund borrowings are initially recognized at fair
          wajar pada awalnya dan selanjutnya diukur                          value and subsequently measured at amortized
          sebesar biaya perolehan diamortisasi dengan                        cost using the effective interest rate (EIR)
          menggunakan metode suku bunga efektif (EIR).                       method. Amortized cost is calculated by taking
          Biaya perolehan diamortisasi dihitung dengan                       into account any discount or premium
          memperhitungkan adanya diskonto atau premi                         associated with initial recognition and
          terkait dengan pengakuan awal dan biaya                            transaction costs that are not separate from the
          transaksi yang tidak terpisah dari suku bunga                      effective interest rate.
          efektif.

     s.   Provisi                                                     s.     Provisions

          Provisi diakui jika Bank memiliki kewajiban kini                   Provisions are recognized when the Bank has a
          (baik bersifat hukum maupun bersifat                               present obligation (legal or constructive) where,
          konstruktif) yang diakibatkan peristiwa masa                       as a result of a past event, it is probable that an
          lalu, besar kemungkinannya penyelesaian                            outflow of resources embodying economic
          kewajiban tersebut mengakibatkan arus keluar                       benefits will be required to settle the obligation
          sumber daya yang mengandung manfaat                                and a reliable estimate can be made of the
          ekonomi dan estimasi yang andal mengenai                           amount of the obligation.
          jumlah kewajiban tersebut dapat dibuat.

          Provisi ditelaah pada setiap tanggal pelaporan                     Provisions are reviewed at each reporting date
          dan disesuaikan untuk mencerminkan estimasi                        and adjusted to reflect the current best estimate.
          terbaik yang paling kini. Jika arus keluar sumber                  If it is no longer probable that an outflow of
          daya     untuk     menyelesaikan        kewajiban                  resources embodying economic benefits will be
          kemungkinan besar tidak terjadi, maka provisi                      required to settle the obligation, the provision is
          dibalik.                                                           reversed.




                                                              56
Page 659
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                         PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                 and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                  (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                          unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                             POLICIES INFORMATION (continued)

     t.   Pendapatan dan beban bunga                                 t.     Interest income and expense

          Pendapatan dan beban bunga untuk semua                            Interest income and expense for all interest-
          instrumen keuangan yang dikenakan suku                            bearing financial instruments are recognized in
          bunga diakui pada laporan laba rugi dan                           the statement of profit or loss and other
          penghasilan  komprehensif  lain   dengan                          comprehensive income using the effective
          menggunakan metode suku bunga efektif.                            interest rate method.

          Suku bunga efektif adalah suku bunga yang                         The effective interest rate is the rate that
          secara     tepat  mendiskontokan        estimasi                  precisely discounts the estimated future cash
          pembayaran atau penerimaan kas di masa                            payments or receipts over the expected life of
          datang selama perkiraan umur dari aset                            the financial assets and financial liabilities (or,
          keuangan atau liabilitas keuangan (atau, jika                     wherever appropriate, a shorter period) to the
          lebih tepat, digunakan periode yang lebih                         net carrying amount of the financial assets or
          singkat) untuk memperoleh nilai tercatat neto                     financial liabilities.
          dari aset keuangan atau liabilitas keuangan.

          Pada saat menghitung suku bunga efektif, Bank                     When calculating the effective interest rate, the
          mengestimasi arus kas di masa datang dengan                       Bank estimates future cash flows considering all
          mempertimbangkan        seluruh   persyaratan                     contractual terms of the financial instrument but
          kontraktual   dalam     instrumen   keuangan                      not future credit losses.
          tersebut, tetapi tidak mempertimbangkan
          kerugian kredit di masa mendatang.

          Perhitungan ini mencakup seluruh komisi,                          This calculation includes all commissions, fees
          provisi dan bentuk lain diterima oleh para pihak                  and other forms received by the parties in the
          dalam kontrak yang merupakan bagian tidak                         contract that are an integral part of the effective
          terpisahkan dari suku bunga efektif, biaya                        interest rate, transaction costs and all other
          transaksi dan seluruh premi atau diskon                           premiums or discounts.
          lainnya.

     u.   Pendapatan provisi dan komisi                              u.     Fees and commissions

          Pendapatan provisi dan komisi yang berkaitan                      Fees and commissions directly related to
          langsung dengan kegiatan pemberian kredit,                        lending activities, or fees and commissions
          atau pendapatan provisi dan komisi yang                           income which relates to a specific period, are
          berhubungan dengan jangka waktu tertentu,                         amortized over the term of the contract using the
          diamortisasi sesuai dengan jangka waktu                           effective interest rate method and classified as
          kontrak menggunakan metode suku bunga                             part of interest income in the statement of profit
          efektif dan diklasifikasikan sebagai bagian dari                  or loss and other comprehensive income.
          pendapatan bunga pada laporan laba rugi dan
          penghasilan komprehensif lain.

          Pendapatan provisi dan komisi yang tidak                          Fees and commissions which are not directly
          berkaitan dengan kegiatan pemberian kredit                        related to lending activities, or to a specific
          atau suatu jangka waktu dan/atau terkait                          period, and/or related to a service rendered, are
          dengan pemberian suatu jasa, diakui sebagai                       recognized as income at the time of the
          pendapatan pada saat terjadinya transaksi dan                     transactions and recorded in other operating
          dicatat pada akun pendapatan operasional                          income.
          lainnya.




                                                             57
Page 660
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                     PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                             and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                              (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                      unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                             POLICIES INFORMATION (continued)

     v.   Imbalan kerja                                              v.   Employee benefits

          Imbalan kerja jangka pendek                                     Short-term employee benefits

          Imbalan kerja jangka pendek seperti upah, iuran                 Short-term employee benefits such as salaries,
          jaminan sosial, cuti jangka pendek, bonus dan                   social security contributions, short-term leaves,
          imbalan non moneter lainnya diakui selama                       bonuses and other non-monetary benefits are
          periode jasa diberikan. Imbalan jangka pendek                   recognized during the period when services
          dihitung   sebesar      jumlah    yang     tidak                have been rendered. Short-term employee
          didiskontokan.                                                  benefits are measured using undiscounted
                                                                          amounts.

          Program pensiun iuran pasti                                     Defined contribution plan

          Merupakan iuran kepada dana pensiun sebesar                     Contribution payable to the pension fund
          persentase tertentu gaji pegawai yang menjadi                   equivalent to a certain percentage of salaries for
          peserta program pensiun iuran pasti Bank.                       qualified employees under the Bank’s defined
                                                                          contribution plan.

          Iuran dicadangkan dan diakui sebagai biaya                      The contribution is accrued and recognized as
          ketika jasa telah diberikan oleh pegawai-                       expense when services have been rendered by
          pegawai tersebut dan pembayaran dikurangkan                     qualified employees and actual payments are
          dari utang iuran. Iuran terutang dihitung                       deducted from the contribution payable.
          berdasarkan jumlah yang tidak didiskontokan.                    Contribution payable is measured using
                                                                          undiscounted amounts.

          Program imbalan pasti dan imbalan kerja jangka                  Defined benefit plan and other long-term
          panjang lainnya                                                 employee benefits

          Imbalan pasca-kerja dan imbalan kerja jangka                    The post-employment benefits and other long-
          panjang lainnya seperti cuti besar dan                          term employee benefits such as grand leaves
          penghargaan masa kerja dicadangkan dan                          and gratuity for services are accrued and
          diakui sebagai biaya ketika jasa telah diberikan                recognized as expense when services have
          oleh pegawai yang memenuhi syarat. Imbalan                      been rendered by qualified employees. The
          kerja ditentukan berdasarkan peraturan Bank                     benefits are determined based on Bank’s
          dan peraturan yang berlaku.                                     regulations and applicable regulations.

          Imbalan pasca-kerja dan imbalan kerja jangka                    The post-employment benefits and other long-
          panjang lainnya secara aktuaris ditentukan                      term employee benefits are actuarially
          berdasarkan metode Projected Unit Credit.                       determined using the Projected Unit Credit
                                                                          Method.

          Pengukuran kembali atas liabilitas (aset)                       Remeasurement of net defined benefit liabilities
          imbalan pasti neto, yang diakui sebagai                         (assets), which is recognized as other
          penghasilan komprehensif lain, terdiri atas:                    comprehensive income, consist of:

          (i) Keuntungan dan kerugian aktuarial.                          (i) Actuarial gains and losses.
          (ii) Imbal hasil atas aset program, tidak                       (ii) Return on plan assets, excluding amounts
                termasuk jumlah yang dimasukkan dalam                           that included in net interest on liabilities
                bunga neto atas liabilitas (aset).                              (assets).
          (iii) Setiap perubahan dampak batas aset, tidak                 (iii) The changes in the impact of the asset
                termasuk jumlah yang dimasukkan dalam                           ceiling, excluding amounts that included in
                bunga neto atas liabilitas (aset).                              net interest on liabilities (assets).




                                                             58
Page 661
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                      PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                              and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                               (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                       unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                              POLICIES INFORMATION (continued)

     v.   Imbalan kerja (lanjutan)                                    v.   Employee benefits (continued)

          Program imbalan pasti dan imbalan kerja jangka                   Defined benefit plan and other long-term
          panjang lainnya (lanjutan)                                       employee benefits (continued)

          Pengukuran kembali atas liabilitas (aset)                        Remeasurement of net defined benefit liabilities
          imbalan pasti neto, yang diakui sebagai                          (assets), which is recognized as other
          penghasilan      komprehensif  lain tidak                        comprehensive income are not reclassified to
          direklasifikasi ke laba rugi pada periode                        profit or loss in subsequent periods.
          berikutnya.

          Untuk imbalan kerja jangka panjang lain atas                     For other long-term employee benefits over the
          biaya jasa kini, biaya bunga neto atas liabilitas                current service cost, net interest on net defined
          (aset) imbalan pasti neto, dan pengukuran                        benefit    liabilities  (assets),     and      the
          kembali liabilitas (aset) imbalan pasti neto                     remeasurement of net defined benefit liability
          langsung diakui pada laporan laba rugi dan                       (asset) obligations are recognized immediately
          penghasilan komprehensif lain periode berjalan.                  in the current period statement of profit or loss
                                                                           and other comprehensive income.

          Biaya jasa lalu diakui sebagai beban pada                        All past service costs are recognized at the
          tanggal yang lebih awal antara ketika                            earlier of when the amendment or curtailment
          amendemen atau kurtailmen program terjadi,                       occurs, and when the related restructuring or
          dan ketika biaya restrukturisasi atau pesangon                   termination costs are recognized, as a result,
          diakui, sehingga biaya jasa lalu yang belum                      unvested past service cost can no longer be
          vested tidak lagi dapat ditangguhkan dan diakui                  deferred and recognized over the future vesting
          selama periode vesting masa depan.                               period.

     w. Laba per lembar saham                                         w. Earnings per share

          Laba per lembar saham dasar dihitung dengan                      Basic earnings per share is calculated by
          membagi laba tahun berjalan dengan jumlah                        dividing income for the year by the weighted
          rata-rata tertimbang saham yang ditempatkan                      average number of issued and fully paid shares
          dan disetor penuh pada tahun yang                                during the related year.
          bersangkutan.

          Laba per lembar saham dilusian dihitung                          Diluted earnings per share is computed after
          setelah    melakukan     penyesuaian       yang                  making the necessary adjustments to the
          diperlukan terhadap jumlah rata-rata tertimbang                  weighted average number of common shares
          saham biasa yang beredar.                                        outstanding.

     x.   Transaksi dan saldo dalam mata uang asing                   x.   Foreign currency transactions and balances

          Bank menyelenggarakan catatan akuntansinya                       The Bank maintains its accounting records in
          dalam Rupiah. Transaksi yang melibatkan mata                     Indonesian Rupiah. Transactions in foreign
          uang asing dicatat pada nilai tukar pada saat                    currencies are recorded at the prevailing
          terjadinya transaksi. Pada tanggal laporan                       exchange rates in effect on the date of the
          posisi keuangan, aset dan liabilitas moneter                     transactions. At statements of financial position
          dalam mata uang asing dijabarkan ke dalam                        dates, all monetary assets and liabilities
          mata uang Rupiah dengan menggunakan kurs                         denominated in foreign currencies are
          spot Reuters pada pukul 16:00 WIB (Waktu                         translated into Rupiah using the Reuters spot
          Indonesia Bagian Barat).                                         rates at 16:00 WIB (Western Indonesian Time).




                                                              59
Page 662
                                                                          The original financial statements included herein are in the
                                                                                                                Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                           PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                         As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                   and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                    (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                            unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                           2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                 POLICIES INFORMATION (continued)

     x.   Transaksi dan saldo dalam mata uang asing                       x.    Foreign currency transactions and balances
          (lanjutan)                                                            (continued)

          Keuntungan atau kerugian yang timbul sebagai                          The resulting gains or losses from the
          akibat dari penjabaran aset dan liabilitas                            translation of monetary assets and liabilities in
          moneter dalam mata uang asing dicatat dalam                           foreign currencies are recognized in the
          laporan   laba      rugi  dan     penghasilan                         statement of profit or loss and other
          komprehensif lain tahun berjalan.                                     comprehensive income for the current year.

          Pada tanggal-tanggal 31 Desember 2025 dan                             As of December 31, 2025 and 2024, the
          2024, kurs mata uang asing yang digunakan                             exchange rates used in translating foreign
          untuk penjabaran mata uang asing terhadap                             currency amounts into Rupiah are as follows
          Rupiah adalah sebagai berikut (Rupiah penuh):                         (full Rupiah):

                                              31 Desember/           31 Desember/
                                            December 31, 2025       December 31, 2024

          1 Dolar Amerika Serikat                     16.675                   16.095                         1 United States Dollar

     y.   Perpajakan                                                      y.    Taxation

          Beban pajak tahun berjalan ditetapkan                                 Current tax expense is provided based on the
          berdasarkan taksiran penghasilan kena pajak                           estimated taxable income for the current year.
          tahun berjalan. Aset dan liabilitas pajak                             Deferred tax assets and liabilities are
          tangguhan diakui atas perbedaan temporer aset                         recognized for temporary differences between
          dan liabilitas antara pelaporan komersial dan                         the financial and the tax bases of assets and
          pajak pada setiap tanggal pelaporan.                                  liabilities at each reporting date.

          Aset pajak tangguhan diakui untuk seluruh                             Deferred tax assets are recognized for all
          perbedaan temporer yang boleh dikurangkan                             deductible temporary differences and carry
          dan    saldo  rugi    fiskal   yang   belum                           forward of uncompensated tax losses to the
          dikompensasikan,    sepanjang     perbedaan                           extent that it is probable for temporary
          temporer dan rugi fiskal yang belum                                   differences    and      carry    forward of
          dikompensasikan tersebut dapat dimanfaatkan                           uncompensated tax losses to be utilized in
          untuk mengurangi laba fiskal pada masa yang                           deducting future taxable profit.
          akan datang.

          Jumlah tercatat aset pajak tangguhan ditelaah                         The carrying amount of deferred tax assets is
          pada setiap tanggal posisi laporan keuangan                           reviewed at each reporting date and is reduced
          dan nilai tercatat aset pajak tangguhan tersebut                      when it is no longer probable that sufficient
          diturunkan apabila tidak lagi terdapat                                taxable profits will be available to compensate
          kemungkinan besar bahwa laba fiskal                                   part or all of the benefit of the deferred tax
          yang     memadai       akan     tersedia   untuk                      assets.
          mengkompensasi sebagian atau semua
          manfaat aset pajak tangguhan.

          Aset dan kewajiban pajak tangguhan diukur                             Deferred tax assets and liabilities are measured
          berdasarkan tarif pajak yang akan berlaku pada                        at the tax rates that are expected to apply on the
          tahun saat aset direalisasikan atau liabilitas                        year when the asset is realized or the liability is
          diselesaikan berdasarkan peraturan perpajakan                         settled based on tax laws that have been
          yang berlaku atau yang secara substantif telah                        enacted or substantively enacted as at
          diberlakukan pada tanggal laporan posisi                              statement of financial position reporting date.
          keuangan.




                                                               60
Page 663
                                                                        The original financial statements included herein are in the
                                                                                                              Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                        PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                      As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                 (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                         unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                          2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)

     y.   Perpajakan (lanjutan)                                         y.   Taxation (continued)

          Pengaruh pajak terkait dengan penyisihan                           The related tax effects of the provisions for
          untuk dan/atau pembalikan seluruh perbedaan                        and/or reversals of all temporary differences
          temporer selama tahun berjalan, termasuk                           during the year, including the effect of change in
          pengaruh perubahan tarif pajak, diakui sebagai                     tax rates, are recognized as “Income Tax
          “Manfaat    (Beban)     Pajak    Penghasilan,                      Benefit (Expense), Deferred” and included in net
          Tangguhan” dan termasuk dalam laba atau rugi                       profit or loss for the year, except to the extent
          neto tahun berjalan, kecuali untuk transaksi-                      that they relate to items previously charged or
          transaksi yang sebelumnya telah langsung                           credited to equity.
          dibebankan atau dikreditkan ke ekuitas.

          Perubahan terhadap kewajiban perpajakan                            Amendments to tax obligations are recorded
          diakui pada saat penetapan pajak diterima atau                     when an assessment is received or, if appealed
          jika Bank mengajukan keberatan, pada saat                          against by the Bank, when the result of the
          keputusan atas keberatan telah ditetapkan.                         appeal is determined.

          Aset dan liabilitas atas pajak tangguhan dan                       Assets and liabilities of deferred and current tax
          pajak kini dapat saling hapus apabila terdapat                     are offset when there is a legally enforceable
          hak yang berkekuatan hukum untuk melakukan                         right to offset.
          saling hapus.

          Sebagai tanggapan terhadap penerapan                               In response to the implementation of the
          kerangka Pilar 2 Organisasi untuk Kerja Sama                       Organisation for Economic Co-operation and
          dan Pembangunan Ekonomi (Organisation for                          Development (“OECD”) Pillar 2 framework rule
          Economic Co-operation and Development atau                         (“Pillar 2”), on December 31, 2024, Indonesian
          "OECD"), pada tanggal 31 Desember 2024,                            Government implemented Pillar 2 framework
          Pemerintah Indonesia menetapkan aturan                             through Ministry of Finance Regulation No.
          kerangka Pilar 2 (Pillar 2”) melalui Peraturan                     136/2024 (PMK 136/2024). The Pillar 2 model
          Menteri Keuangan No. 136/2024 (PMK                                 rules as implemented under PMK 136/2024
          136/2024). Pilar 2 sesuai PMK 136/2024                             takes effect for fiscal years beginning on or after
          berlaku untuk tahun fiskal yang dimulai pada                       January 1, 2025. For the year ended December
          atau setelah tanggal 1 Januari 2025. Untuk                         31, 2025, the Bank has applied amendments to
          tahun yang berakhir pada 31 Desember 2025,                         SFAS 212, “Income Taxes”, which provide
          Bank telah menerapkan amandemen PSAK                               mandatory        temporary      exception     from
          212, ”Pajak Penghasilan”, yang memberikan                          recognizing or disclosing deferred taxes related
          pengecualian wajib sementara dari pengakuan                        to Pillar 2. PMK 136/2024 applies new taxing
          atau pengungkapan pajak tangguhan terkait                          mechanisms under which a Multinational
          Pilar 2. PMK 136/2024 menerapkan mekanisme                         Enterprises (“MNE”) should pay a top-up tax in
          perpajakan       baru      yang      mensyaratkan                  a jurisdiction whenever their efective tax rate,
          Perusahaan Multinasional ("PMN") untuk                             determined on a jurisdictional basis under the
          membayar pajak tambahan pada yurisdiksi                            Pillar2, is below a 15% minimum rate.
          tertentu ketika tarif pajak efektif yang ditentukan
          per yurisdiksi menurut Pilar 2 lebih rendah dari
          tarif minimum 15%.

     z.   Informasi segmen                                              z.   Segment information

          Segmen adalah bagian yang dapat dibedakan                          A segment is a distinguishable component of
          dari Bank yang terlibat baik dalam menyediakan                     the Bank that is engaged either in providing
          produk tertentu (segmen usaha), maupun                             certain products (business segment), or in
          dalam menyediakan produk dalam lingkungan                          providing products within a particular economic
          ekonomi tertentu (segmen geografis), yang                          environment (geographical segment), which is
          memiliki risiko dan imbalan yang berbeda                           subject to risks and rewards that are different
          dengan segmen lainnya.                                             from those of other segments.




                                                                61
Page 664
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                     PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                             and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                              (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                      unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                             POLICIES INFORMATION (continued)

     z.   Informasi segmen (lanjutan)                                z.   Segment information (continued)

          Pendapatan, beban, hasil, aset dan liabilitas                   Segment revenue, expenses, results, assets
          segmen mencakup item-item yang dapat                            and liabilities include items directly attributable
          diatribusikan langsung kepada suatu segmen                      to a segment as well as those that can be
          serta hal-hal yang dapat dialokasikan dengan                    allocated on a reasonable basis to that
          dasar yang sesuai kepada segmen tersebut.                       segment.

          Bank menyajikan segmen operasi berdasarkan                      The Bank presents operating segment based on
          laporan internal yang disajikan kepada                          Bank’s internal report that is presented to the
          pengambil    keputusan  operasional    dan                      Board of Directors as the operational and
          keuangan yaitu Direksi.                                         financial decision maker.

          Bank       telah     mengidentifikasi     dan                   The Bank has identified and disclosed financial
          mengungkapkan         informasi      keuangan                   information based on main business (business
          berdasarkan kegiatan bisnis utama (segmen                       segment) classified into consumer, retail,
          bisnis) yang terbagi atas kelompok konsumer,                    middle, micro, and others.
          ritel, menengah, mikro, dan lainnya.

     aa. Saham treasuri                                              aa. Treasury stock

          Instrumen ekuitas Bank yang diperoleh kembali                   Reacquired Bank equity instruments (treasury
          (saham treasuri) diakui pada harga perolehan                    stocks) are recognized at reacquisition price
          kembali dan dikurangi dari ekuitas. Tidak ada                   and deducted from equity. No gain or loss is
          laba atau rugi yang diakui pada laba rugi atas                  recognized in profit or loss on the acquisition,
          perolehan, penjualan kembali, penerbitan atau                   resale, issuance or cancellation of the Bank’s
          pembatalan dari instrumen ekuitas Bank.                         equity instruments. The difference between the
          Selisih antara jumlah tercatat dan penerimaan,                  carrying amount and receipts, if reissued, is
          bila diterbitkan kembali, diakui sebagai bagian                 recognized as part of additional paid-in capital
          dari tambahan modal disetor pada ekuitas.                       in equity.


     ab. Penggunaan pertimbangan, estimasi dan                       ab. Use of significant accounting judgments,
         asumsi akuntansi yang signifikan                                estimates and assumptions

          Penyusunan        laporan     keuangan     Bank                 The preparation of the Bank’s financial
          mengharuskan manajemen untuk membuat                            statements requires management to make
          pertimbangan, estimasi dan asumsi yang                          judgments, estimates and assumptions that
          mempengaruhi jumlah yang dilaporkan dari                        affect the reported amounts of revenues,
          pendapatan, beban, aset dan liabilitas, dan                     expenses, assets and liabilities, and the
          pengungkapan atas liabilitas kontinjensi pada                   disclosure of contingent liabilities, at the end of
          akhir periode pelaporan. Ketidakpastian                         the reporting period. Uncertainty about these
          mengenai asumsi dan estimasi tersebut dapat                     assumptions and estimates could result in
          mengakibatkan penyesuaian material terhadap                     outcomes that require a material adjustment to
          nilai tercatat aset dan liabilitas dalam periode                the carrying amounts of the asset and liability
          pelaporan berikutnya.                                           affected in future periods.




                                                             62
Page 665
                                                                    The original financial statements included herein are in the
                                                                                                          Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                    PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                  As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                            and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                             (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                     unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                            POLICIES INFORMATION (continued)

     ab. Penggunaan pertimbangan, estimasi dan                      ab. Use of significant accounting judgments,
         asumsi akuntansi yang signifikan (lanjutan)                    estimates and assumptions (continued)

         Penyusunan        laporan     keuangan     Bank                 The preparation of the Bank’s financial
         mengharuskan manajemen untuk membuat                            statements requires management to make
         pertimbangan, estimasi dan asumsi yang                          judgments, estimates and assumptions that
         mempengaruhi jumlah yang dilaporkan dari                        affect the reported amounts of revenues,
         pendapatan, beban, aset dan liabilitas, dan                     expenses, assets and liabilities, and the
         pengungkapan atas liabilitas kontinjensi pada                   disclosure of contingent liabilities, at the end of
         akhir periode pelaporan. Ketidakpastian                         the reporting period. Uncertainty about these
         mengenai asumsi dan estimasi tersebut dapat                     assumptions and estimates could result in
         mengakibatkan penyesuaian material terhadap                     outcomes that require a material adjustment to
         nilai tercatat aset dan liabilitas dalam periode                the carrying amounts of the asset and liability
         pelaporan berikutnya.                                           affected in future periods.

         Pertimbangan                                                    Judgments

         Pertimbangan    berikut  ini   dibuat  oleh                     The following judgments are made by
         manajemen dalam rangka penerapan kebijakan                      management in the process of applying Bank’s
         akuntansi Bank yang memiliki pengaruh paling                    accounting policies that have the most
         signifikan atas jumlah yang diakui dalam                        significant effects on the amounts recognized in
         laporan keuangan Bank sebagai berikut:                          Bank’s financial statements as follows:

         Usaha yang berkelanjutan                                        Going concern

         Manajemen Bank telah melakukan penilaian                        The Bank’s management has assessed the
         atas kemampuan Bank untuk melanjutkan                           ability of the Bank to continue as going concerns
         kelangsungan usahanya dan berkeyakinan                          and believes that the Bank has the resources to
         bahwa Bank memiliki sumber daya untuk                           continue their businesses in the future.
         melanjutkan usahanya di masa mendatang.                         Furthermore, the Bank’s management is not
         Selain itu, manajemen Bank tidak mengetahui                     aware of any material uncertainties that may
         adanya ketidakpastian material yang dapat                       cast significant doubt to the Bank’s ability to
         menimbulkan     keraguan   yang   signifikan                    continue as a going concern. Therefore, the
         terhadap kemampuan Bank untuk melanjutkan                       financial statements have been prepared on
         kelangsungan usahanya. Oleh karena itu,                         going concern basis.
         laporan keuangan telah disusun atas dasar
         usaha yang berkelanjutan.

         Nilai wajar atas instrumen keuangan                             Fair value of financial instruments

         Semua aset dan liabilitas dimana nilai wajar                    All assets and liabilities in which fair value is
         diukur atau diungkapkan dalam laporan                           measured or disclosed in the financial
         keuangan dapat dikategorikan pada level hirarki                 statements can be classified in fair value
         nilai wajar, berdasarkan tingkatan input                        hierarchy levels, based on the lowest level of
         terendah yang signifikan atas pengukuran nilai                  input that is significant on the overall fair value
         wajar secara keseluruhan:                                       measurement:

            Level      1:  harga       kuotasian (tanpa                     Level 1: quoted (unadjusted) market prices
             penyesuaian) di pasar aktif untuk aset atau                      in active markets for identical assets or
             liabilitas yang identik yang dapat diakses                       liabilities accessible at the measurement
             pada tanggal pengukuran.                                         date.
            Level 2: input selain harga kuotasian yang                      Level 2: inputs other than quoted prices
             termasuk dalam level 1 yang dapat                                included in level 1 for the assets and
             diobservasi untuk aset dan liabilitas, baik                      liabilities, which is directly or indirectly
             secara langsung atau tidak langsung.                             observable.
            Level 3: input yang tidak dapat diobservasi                     Level 3: unobservable inputs for the assets
             untuk aset dan liabilitas.                                       and liabilities.

                                                            63
Page 666
                                                                        The original financial statements included herein are in the
                                                                                                              Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                        PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                      As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                 (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                         unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                          2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)
     ab. Penggunaan pertimbangan, estimasi dan                          ab. Use of significant accounting judgments,
         asumsi akuntansi yang signifikan (lanjutan)                        estimates and assumptions (continued)
         Pertimbangan (lanjutan)                                             Judgments (continued)
         Pertimbangan    berikut ini    dibuat  oleh                         The following judgments are made by
         manajemen dalam rangka penerapan kebijakan                          management in the process of applying Bank’s
         akuntansi Bank yang memiliki pengaruh paling                        accounting policies that have the most
         signifikan atas jumlah yang diakui dalam                            significant effects on the amounts recognized in
         laporan keuangan Bank sebagai berikut                               Bank’s financial statements as follows
         (lanjutan):                                                         (continued):
         Kontinjensi                                                         Contingencies
         Bank sedang terlibat dalam proses hukum.                            The Bank is currently involved in legal
         Perkiraan     biaya      kemungkinan    bagi                        proceedings. The estimate of the probable cost
         penyelesaian klaim telah dikembangkan melalui                       for the resolution of claims has been developed
         konsultasi dengan bantuan konsultan hukum                           in consultation with the aid of the external legal
         Bank didasarkan pada analisis hasil yang                            counsel handling the Bank’s defense in this
         potensial.                                                          matter and is based upon an analysis of
                                                                             potential results.
         Estimasi dan Asumsi                                                 Estimates and Assumptions
         Asumsi utama masa depan dan sumber utama                            The key assumptions concerning the future and
         estimasi ketidakpastian lain pada tanggal                           other key sources of estimating uncertainty at
         pelaporan yang memiliki risiko signifikan untuk                     the reporting date that have a significant risk of
         dapat menyebabkan penyesuaian yang                                  causing a material adjustment to the carrying
         material terhadap nilai tercatat aset dan liabilitas                amounts of assets and liabilities within the next
         untuk tahun berikutnya, diungkapkan di bawah                        financial year are disclosed below. The Bank
         ini. Bank mendasarkan asumsi dan estimasi                           based its assumptions and estimates on
         yang digunakan pada parameter yang tersedia                         parameters available when the financial
         pada saat laporan keuangan disusun.                                 statements were prepared.
         Asumsi dan situasi mengenai perkembangan                            Existing circumstances and assumptions about
         masa depan dapat berubah akibat perubahan                           future developments may change due to market
         pasar atau situasi yang timbul di luar kendali                      changes or circumstances arising beyond the
         Bank. Perubahan tersebut dicerminkan dalam                          control of the Bank. Such changes are reflected
         asumsi yang digunakan pada saat terjadinya.                         in the assumptions when they occur.
         Cadangan kerugian penurunan nilai kredit yang                       Allowance for impairment losses on loans
         diberikan
         Manajemen Bank menelaah portofolio kredit                           The Bank’s management reviews its loan
         yang diberikan setiap tahun untuk menilai                           portfolio to assess impairment on an annual
         penurunan nilai dengan memperbaharui                                basis with updating allowance for impairment
         cadangan kerugian penurunan nilai yang                              losses made during the intervals as necessary
         dibentuk selama periode yang diperlukan                             based on the continuing analysis and monitoring
         berdasarkan analisis berkelanjutan dan                              of individual accounts by related officers.
         pemantauan terhadap rekening individual oleh
         petugas terkait.
         Dalam menentukan apakah penurunan nilai                             In determining whether an impairment loss
         harus dibentuk dalam laporan laba rugi dan                          should be recorded in the statement of profit or
         penghasilan komprehensif lain, Bank membuat                         loss and other comprehensive income, the Bank
         penilaian, apakah terdapat data yang dapat                          assesses for any observable data indicating the
         diobservasi yang menunjukkan bahwa terdapat                         existence of measurable decrease in the
         penurunan yang dapat diukur dalam laporan                           estimated future cash flows from loan portfolio
         perkiraan arus kas masa depan dari portofolio                       before the decrease is individually identified in
         pinjaman sebelum penurunan tersebut dapat                           the portfolio.
         diidentifikasi secara individual dalam portofolio
         tersebut.
                                                                64
Page 667
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                       PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                        unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                         2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                               POLICIES INFORMATION (continued)

     ab. Penggunaan pertimbangan, estimasi dan                         ab. Use of significant accounting judgments,
         asumsi akuntansi yang signifikan (lanjutan)                       estimates and assumptions (continued)

         Estimasi dan Asumsi (lanjutan)                                     Estimates and Assumptions (continued)

         Cadangan kerugian penurunan nilai kredit yang                      Allowance for impairment losses on loans
         diberikan (lanjutan)                                               (continued)

         Bukti seperti ini dapat termasuk data yang dapat                   This evidence may include observable data
         diobservasi yang menunjukkan bahwa telah                           indicating that there has been an adverse
         terjadi perubahan yang merugikan pada status                       change in the payment status of group
         pembayaran kelompok peminjam, atau kondisi                         borrowers, or national or local economic
         ekonomi nasional atau lokal yang berkorelasi                       conditions that correlate with breach on assets
         dengan wanprestasi atas aset dalam kelompok.                       in group.     The Bank uses estimates in
         Bank      menggunakan        perkiraan    dalam                    determining the amount and timing of future
         menentukan jumlah dan waktu dari arus kas                          cash flows when determining the level of
         masa depan ketika menentukan tingkat                               allowance for losses required. Such estimates
         cadangan kerugian yang diperlukan. Estimasi                        are based on assumptions of several factors
         tersebut didasarkan pada asumsi mengenai                           and actual results may differ, resulting to future
         sejumlah faktor dan hasil aktual yang dapat                        changes in the amount of allowance for losses
         berbeda, yang mengakibatkan perubahan                              (Note 9).
         terhadap jumlah cadangan kerugian di masa
         yang akan datang (Catatan 9).

         Penurunan nilai aset non-keuangan                                  Impairment of non-financial assets

        Bank mengevaluasi penurunan nilai aset non-                         The Bank assess impairment of non-financial
        keuangan apabila terdapat kejadian atau                             assets whenever events or changes in
        perubahan keadaan yang mengindikasikan                              circumstances indicate that the carrying amount
        bahwa nilai tercatat aset non-keuangan tidak                        of non-financial asset may not be recoverable.
        dapat dipulihkan kembali. Faktor-faktor penting                     The factors that considered important which
        yang    dapat      menyebabkan     penelaahan                       may lead to impairment assessment are as
        penurunan nilai adalah sebagai berikut:                             follow:
           Performa yang tidak tercapai secara                                 Significant underperformance against
            signifikan terhadap ekspektasi historis atau                         historical expectation or projection of
            proyeksi hasil operasi di masa yang akan                             operating results in the future;
            datang;
           Perubahan yang signifikan dalam cara                                Significant changes in the manner of use of
            penggunaan aset atau strategi bisnis secara                          the assets or the overall business strategy;
            keseluruhan; dan                                                     and
           Industri atau tren ekonomi yang secara                              Significant negative industry or economic
            signifikan bernilai negatif.                                         trends.

         Bank mengakui kerugian penurunan nilai                             The Bank recognizes an impairment loss if the
         apabila nilai tercatat aset melebihi nilai yang                    carrying amount of an asset exceeds its
         dapat dipulihkan. Jumlah terpulihkan adalah                        recoverable amount. The recoverable amount is
         nilai yang lebih tinggi antara nilai wajar dikurang                the higher amount between the fair value less
         biaya pelepasan dengan nilai pakai aset (atau                      the costs of disposal and the use of asset value
         unit penghasil kas). Jumlah terpulihkan                            (or cash-generating unit). The recoverable
         diestimasi untuk aset individual atau, jika tidak                  amounts are estimated for individual assets or,
         memungkinkan, untuk unit penghasil kas yang                        if not possible, for the cash-generating unit to
         mana aset tersebut merupakan bagian daripada                       which the asset belongs to the unit.
         unit tersebut.




                                                               65
Page 668
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                     PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                             and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                              (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                      unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                             POLICIES INFORMATION (continued)

     ab. Penggunaan pertimbangan, estimasi dan                       ab. Use of significant accounting judgments,
         asumsi akuntansi yang signifikan (lanjutan)                     estimates and assumptions (continued)

         Estimasi dan Asumsi (lanjutan)                                   Estimates and Assumptions (continued)

         Pengakuan aset pajak tangguhan                                   Recognition of deferred tax assets

         Aset pajak tangguhan diakui untuk seluruh                        Deferred tax assets are recognized for all
         saldo rugi fiskal yang belum digunakan dalam                     unused tax losses to the extent that it is
         hal terdapat kemungkinan bahwa penghasilan                       probable that taxable income can be
         kena pajak akan tersedia untuk dikompensasi                      compensated against the losses. Significant
         terhadap kerugian yang dapat digunakan.                          management judgment is required to determine
         Pertimbangan manajemen yang signifikan                           the amount of deferred tax assets that can be
         diperlukan untuk menentukan jumlah aset pajak                    recognized, based upon the likely timing and
         tangguhan yang dapat diakui, sesuai dengan                       amount of future taxable income together with
         saat dan jumlah penghasilan kena pajak di                        tax planning strategies.
         masa mendatang seiring dengan strategi
         perencanaan pajak.

         Bank menelaah aset pajak tangguhan pada                          The Bank reviews its deferred tax assets at
         setiap tanggal posisi laporan keuangan dan                       each of the statement of financial position
         mengurangi jumlah tercatat dalam hal tidak                       reporting date and reduces the carrying amount
         adanya lagi kemungkinan bahwa penghasilan                        to the extent that it is no longer probable that
         kena pajak yang cukup akan tersedia untuk                        sufficient taxable income will be available to
         mengkompensasi sebagian atau seluruh aset                        compensate part or all of the deferred tax assets
         pajak tangguhan (Catatan 20).                                    (Note 20).

         Nilai kini atas liabilitas imbalan kerja                         Present value of employee benefits liability
         Biaya atas program pensiun dan imbalan                           The cost of defined pension plan and other post-
         pasca-kerja    lainnya    ditentukan    dengan                   employment benefits is determined using
         perhitungan aktuaris. Perhitungan aktuaris                       actuarial valuations. The actuarial valuation
         melibatkan penggunaan asumsi mengenai                            involves making assumptions about discount
         tingkat diskonto, tingkat pengembalian yang                      rates, expected rates of return on assets, future
         diharapkan dari aset, kenaikan gaji di masa                      salary increases, mortality rates and disability
         depan, tingkat kematian dan tingkat kecacatan.                   rate. Due to the long-term nature of these plans,
         Karena program tersebut memiliki sifat jangka                    such estimates are subject to significant
         panjang, maka perkiraan tersebut memiliki                        uncertainty (Note 23).
         ketidakpastian yang signifikan (Catatan 23).

     ac. Perubahan  kebijakan            akuntansi    dan            ac. Changes in           accounting       policies     and
         pengungkapan                                                    disclosures

         Bank telah menerapkan standar akuntansi pada                     Bank has applied the accounting standards on
         tanggal 1 Januari 2025, yang dianggap relevan                    January 1, 2025, which are considered relevant
         dengan laporan keuangan, yaitu:                                  to the financial statements, namely:

         Amandemen         PSAK       221:      Kekurangan                Amendment of           PSAK       221:     Lack     of
         Ketertukaran                                                     Exchangeability

         Amandemen tersebut menetapkan bagaimana                          The amendments specifies how an entity should
         entitas harus menilai apakah suatu mata uang                     assess whether a currency is exchangeable and
         dapat dipertukarkan serta bagaimana entitas                      how it should determine a spot exchange rate
         harus menentukan kurs spot ketika ketertukaran                   when exchangeability is lacking.
         (exchangeability) tidak tersedia.




                                                             66
Page 669
                                                                              The original financial statements included herein are in the
                                                                                                                    Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                               PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                             As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                       and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                        (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                                unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                              2. SUMMARY     OF MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                    POLICIES INFORMATION (continued)

     ac. Perubahan  kebijakan             akuntansi        dan                ac. Changes in accounting                 policies     and
         pengungkapan (lanjutan)                                                  disclosures (continued)

             Bank telah menerapkan standar akuntansi pada                          Bank has applied the accounting standards on
             tanggal 1 Januari 2025, yang dianggap relevan                         January 1, 2025, which are considered relevant
             dengan laporan keuangan, yaitu (lanjutan):                            to the financial statements, namely (continued):

             Amandemen        PSAK      221:      Kekurangan                       Amendment of PSAK                 221:     Lack     of
             Ketertukaran (lanjutan)                                               Exchangeability (continued)

             Amandemen tersebut juga mensyaratkan                                  The amendments also require disclosure of
             pengungkapan informasi yang memungkinkan                              information that enables users of its financial
             pengguna laporan keuangan untuk memahami                              statements to understand how the currency not
             bagaimana ketidakmampuan mata uang                                    being exchangeable into the other currency
             tersebut untuk dipertukarkan dengan mata uang                         affects, or is expected to affect, the entity’s
             lainnya memengaruhi, atau diharapkan akan                             financial performance, financial position and cash
             memengaruhi, kinerja keuangan, posisi                                 flows.
             keuangan, dan arus kas entitas.

             Penerapan standar akuntansi tersebut di atas                           The adoption of the above-mentioned
             tidak berdampak material terhadap laporan                              accounting standards do not have material
             keuangan Bank.                                                         impact to the Bank’s financial statements.

3.   KAS                                                                 3. CASH

                                        31 Desember/December 31, 2025     31 Desember/December 31, 2024
                                                                                   _______

                                       Jumlah nosional                   Jumlah nosional
                                       mata uang asing/                  mata uang asing/
                                       Notional amount    Ekuivalen      Notional amount     Ekuivalen
                                       foreign currency    Rupiah/       foreign currency     Rupiah/
                                        (Angka penuh/      Rupiah         (Angka penuh/       Rupiah
                                         Full amount)     Equivalent       Full amount)      Equivalent
                                                                                   _______

     Rupiah                                                  9.227.256                        15.915.240                           Rupiah
     Dolar Amerika Serikat                          5               83            3.805           61.241              United States Dollar

     Total                                                   9.227.339                        15.976.481                             Total


     Bank mengasuransikan kas yang dimiliki untuk                             The Bank insured its cash to cover for possible
     menutup risiko kerugian terhadap kebakaran dan                           losses due to risks of fire and theft to PT BRI
     pencurian kepada PT BRI Asuransi Indonesia (pihak                        Asuransi Indonesia (related party - Note 33).
     berelasi - Catatan 33).

     Pada tanggal-tanggal 31 Desember 2025 dan 2024,                          As of December 31, 2025 and 2024, there are no
     tidak terdapat kas yang tidak dapat digunakan dan                        cash restricted from being used and there are no
     tidak terdapat kas yang dijaminkan oleh Bank.                            cash which are held as collateral by the Bank.

4.   GIRO PADA BANK INDONESIA                                            4. CURRENT ACCOUNTS WITH BANK INDONESIA

                                        31 Desember/December 31, 2025     31 Desember/December 31, 2024
                                                                                   _______

                                       Jumlah nosional                   Jumlah nosional
                                       mata uang asing/                  mata uang asing/
                                       Notional amount    Ekuivalen      Notional amount     Ekuivalen
                                       foreign currency    Rupiah/       foreign currency     Rupiah/
                                        (Angka penuh/      Rupiah         (Angka penuh/       Rupiah
                                         Full amount)     Equivalent       Full amount)      Equivalent
                                                                                   _______

     Rupiah                                               677.248.471                        491.102.088                           Rupiah
     Dolar Amerika Serikat                     21.847         364.293            45.017          724.544              United States Dollar

     Total                                                677.612.764                        491.826.632                             Total



                                                                  67
Page 670
                                                                                     The original financial statements included herein are in the
                                                                                                                           Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                                      PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                                   NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                                    As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                              and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                               (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                                       unless otherwise stated)


5.   GIRO PADA BANK LAIN                                                        5. CURRENT ACCOUNTS WITH OTHER BANKS

     a)   Berdasarkan mata uang                                                      a)    By currencies

                                            31 Desember/December 31, 2025        31 Desember/December 31, 2024
                                                                                          _______

                                        Jumlah nosional                         Jumlah nosional
                                        mata uang asing/                        mata uang asing/
                                        Notional amount       Ekuivalen         Notional amount     Ekuivalen
                                        foreign currency       Rupiah/          foreign currency     Rupiah/
                                         (Angka penuh/         Rupiah            (Angka penuh/       Rupiah
                                          Full amount)        Equivalent          Full amount)      Equivalent
                                                                                          _______

          Pihak ketiga                                                                                                                  Third parties
          Rupiah                                                   440.290                                47.520                              Rupiah
          Dolar Amerika Serikat                  393.217         6.556.887             331.043         5.328.142                  United States Dollar

                                                                 6.997.177                             5.375.662

          Pihak berelasi (Catatan 33)                                                                                      Related parties (Note 33)
          Rupiah                                              498.028.661                            218.281.907                             Rupiah
          Dolar Amerika Serikat                  144.120        2.403.209              300.412         4.835.133                 United States Dollar

                                                              500.431.870                            223.117.040

          Total                                               507.429.047                            228.492.702                                 Total
          Cadangan kerugian penurunan
             nilai                                                 (31.015)                              (15.660 )    Allowance for impairment losses

          Neto                                                507.398.032                            228.477.042                                  Net



     b)   Berdasarkan bank                                                           b)    By bank
                                                     31 Desember/               31 Desember/
                                                    December 31, 2025         December 31, 2024
          Pihak ketiga                                                                                                                 Third parties
          Rupiah                                                                                                                             Rupiah
             Standard Chartered Bank                           440.290                     47.520                         Standard Chartered Bank

          Dolar Amerika Serikat                                                                                                 United States Dollar
            UOB Singapore                                    3.499.079                 3.235.863                                    UOB Singapore
            Citibank, N.A., New York                         2.657.526                 1.222.940                          Citibank, N.A., New York
            PT Bank Central Asia Tbk                           400.282                   869.339                         PT Bank Central Asia Tbk

                                                             6.556.887                 5.328.142

                                                             6.997.177                 5.375.662

          Pihak berelasi (Catatan 33)                                                                                      Related parties (Note 33)
          Rupiah                                                                                                                              Rupiah
             PT Bank Rakyat Indonesia                                                                                    PT Bank Rakyat Indonesia
               (Persero) Tbk                               497.463.388               217.997.513                                 (Persero) Tbk
             PT Bank Negara Indonesia                                                                                   PT Bank Negara Indonesia
              (Persero) Tbk                                    537.895                    255.619                                (Persero) Tbk
            PT Bank Mandiri (Persero) Tbk                       27.378                     28.775                    PT Bank Mandiri (Persero) Tbk

                                                           498.028.661               218.281.907

          Dolar Amerika Serikat                                                                                                 United States Dollar
            PT Bank Rakyat Indonesia                                                                                     PT Bank Rakyat Indonesia
               (Persero) Tbk                                 1.617.402                 3.756.512                                 (Persero) Tbk
            PT Bank Mandiri (Persero) Tbk                      785.807                 1.078.621                     PT Bank Mandiri (Persero) Tbk

                                                             2.403.209                 4.835.133

                                                           500.431.870               223.117.040

          Total                                            507.429.047               228.492.702                                                 Total
          Cadangan kerugian penurunan nilai                    (31.015)                  (15.660)                     Allowance for impairment losses

          Neto                                             507.398.032               228.477.042                                                  Net




                                                                         68
Page 671
                                                                                       The original financial statements included herein are in the
                                                                                                                             Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                                        PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                                     NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                                      As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                                and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                                 (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                                         unless otherwise stated)


5.   GIRO PADA BANK LAIN (lanjutan)                                               5. CURRENT ACCOUNTS WITH OTHER BANKS
                                                                                     (continued)

     c)   Cadangan kerugian penurunan nilai                                            c)    Allowance for impairment losses

          Bank melakukan penilaian cadangan kerugian                                         The Bank assessed allowance for impairment
          penurunan nilai atas giro pada bank lain secara                                    losses on current accounts with other banks
          kolektif dengan mempertimbangkan adanya                                            collectively for impairment based on whether an
          bukti objektif penurunan nilai.                                                    objective evidence of impairment exists.

          Tabel berikut menyajikan perubahan nilai                                           The following table presents the changes in
          tercatat bruto dan cadangan kerugian                                               gross carrying amount and allowance for
          ekspektasian berdasarkan kategori instrumen                                        expected losses by financial instrument
          keuangan:                                                                          category:

                                                            31 Desember/December 31, 2025
                                                                                             _______


                                                                Stage 2 -
                                                            kerugian kredit           Stage 3 -
                                                             ekspektasian         kerugian kredit
                                                               sepanjang           ekspektasian
                                                               umurnya -             sepanjang
                                             Stage 1 -        kredit tidak           umurnya -
                                          kerugian kredit     memburuk/                 kredit
                                           ekspektasian         Stage 2 -           memburuk/
                                             12 bulan/           lifetime             Stage 3 -
                                             Stage 1 -          expected               lifetime
                                            12 months         credit loss -           expected
                                             expected          not credit           credit loss -
                                            credit loss         impaired          credit impaired         Total
                                                                                             _______


          Nilai tercatat awal               228.492.702                   -                       -     228.492.702          Beginning carrying amount
          Pengukuran kembali bersih                                                                                              Net remeasurement of
             nilai tercatat                 278.567.312                   -                       -     278.567.312                 carrying amount
          Aset keuangan baru yang                                                                                            New financial asset issued
             diterbitkan atau dibeli                    -                 -                       -                -                   or purchased
          Aset keuangan yang dihentikan
             pengakuannya                               -                 -                       -                -     Derecognized financial assets
          Perubahan model atau                                                                                      Changes in models foreign exchange
             parameter valuta asing dan                                                                                               or parameters
             perubahan lain                      369.033                  -                       -         369.033              and other changes
                                                                                             _______


          Nilai tercatat akhir              507.429.047                   -                       -     507.429.047           Ending carrying amount




                                                            31 Desember/December 31, 2024
                                                                                             _______


                                                                Stage 2 -
                                                            kerugian kredit           Stage 3 -
                                                             ekspektasian         kerugian kredit
                                                               sepanjang           ekspektasian
                                                               umurnya -             sepanjang
                                             Stage 1 -        kredit tidak           umurnya -
                                          kerugian kredit     memburuk/                 kredit
                                           ekspektasian         Stage 2 -           memburuk/
                                             12 bulan/           lifetime             Stage 3 -
                                             Stage 1 -          expected               lifetime
                                            12 months         credit loss -           expected
                                             expected          not credit           credit loss -
                                            credit loss         impaired          credit impaired         Total
                                                                                             _______


          Nilai tercatat awal               147.094.655                   -                       -     147.094.655          Beginning carrying amount
          Pengukuran kembali bersih                                                                                              Net remeasurement of
             nilai tercatat                   78.213.191                  -                       -      78.213.191                 carrying amount
          Aset keuangan baru yang                                                                                            New financial asset issued
             diterbitkan atau dibeli           3.160.057                  -                       -       3.160.057                    or purchased
          Aset keuangan yang dihentikan
             pengakuannya                        (19.698)                     -                     -       (19.698)     Derecognized financial assets
          Perubahan model atau                                                                                      Changes in models foreign exchange
             parameter valuta asing dan                                                                                               or parameters
             perubahan lain                       44.497                  -                       -          44.497              and other changes
                                                                                             _______


          Nilai tercatat akhir              228.492.702                   -                       -     228.492.702           Ending carrying amount




                                                                       69
Page 672
                                                                                    The original financial statements included herein are in the
                                                                                                                          Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                                     PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                                   As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                             and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                              (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                                      unless otherwise stated)


5.   GIRO PADA BANK LAIN (lanjutan)                                            5. CURRENT ACCOUNTS WITH OTHER BANKS
                                                                                  (continued)

     c)   Cadangan kerugian penurunan nilai (lanjutan)                              c)    Allowance for impairment losses (continued)

          Tabel berikut menyajikan perubahan nilai                                        The following table presents the changes in
          tercatat bruto dan cadangan kerugian                                            gross carrying amount and allowance for
          ekspektasian berdasarkan kategori instrumen                                     expected losses by financial instrument
          keuangan (lanjutan):                                                            category (continued):
                                                             31 Desember/December 31, 2025
                                                                                            _______


                                                                 Stage 2 -
                                                             kerugian kredit       Stage 3 -
                                                              ekspektasian     kerugian kredit
                                                                sepanjang       ekspektasian
                                                                umurnya -         sepanjang
                                             Stage 1 -         kredit tidak       umurnya -
                                          kerugian kredit      memburuk/             kredit
                                           ekspektasian          Stage 2 -       memburuk/
                                             12 bulan/            lifetime         Stage 3 -
                                             Stage 1 -           expected           lifetime
                                            12 months          credit loss -       expected
                                             expected           not credit       credit loss -
                                            credit loss          impaired      credit impaired        Total
                                                                                          _______


          Saldo awal tahun                        15.660                   -                    -        15.660      Balance at the beginning of the year
          Pengukuran kembali bersih                                                                                                Net remeasurement of
             penyisihan                            1.779                   -                    -         1.779                  allowance for losses
          Perubahan model atau                                                                                               Changes in models foreign
             parameter valuta asing dan                                                                                    exchange or parameters
             perubahan lain                       13.576                   -                    -        13.576                    and other changes
                                                                                          _______


          Cadangan atas kerugian kredit                                                                                        Allowance for ending
            ekspektasian akhir                    31.015                   -                    -        31.015             expected credit losses




                                                             31 Desember/December 31, 2024
                                                                                            _______


                                                                 Stage 2 -
                                                             kerugian kredit       Stage 3 -
                                                              ekspektasian     kerugian kredit
                                                                sepanjang       ekspektasian
                                                                umurnya -         sepanjang
                                             Stage 1 -         kredit tidak       umurnya -
                                          kerugian kredit      memburuk/             kredit
                                           ekspektasian          Stage 2 -       memburuk/
                                             12 bulan/            lifetime         Stage 3 -
                                             Stage 1 -           expected           lifetime
                                            12 months          credit loss -       expected
                                             expected           not credit       credit loss -
                                            credit loss          impaired      credit impaired        Total
                                                                                          _______


          Saldo awal tahun                        29.851                   -                    -        29.851   Balance at the beginning of the year
          Pengukuran kembali bersih                                                                                             Net remeasurement of
             penyisihan                          (15.198)                  -                    -       (15.198 )             allowance for losses
          Aset keuangan baru yang                                                                                         New financial asset issued
             diterbitkan atau dibeli                 506                   -                    -           506                      or purchased
          Aset keuangan yang dihentikan
             pengakuannya                              (4)                 -                    -              (4)         Derecognized financial assets
          Perubahan model atau                                                                                                Changes in models foreign
             parameter valuta asing dan                                                                                     exchange or parameters
             perubahan lain                          505                   -                    -             505                and other changes
                                                                                          _______


          Cadangan atas kerugian kredit                                                                                        Allowance for ending
            ekspektasian akhir                    15.660                   -                    -        15.660             expected credit losses




                                                                        70
Page 673
                                                                           The original financial statements included herein are in the
                                                                                                                 Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                            PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                          As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                    and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                     (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                             unless otherwise stated)


5.   GIRO PADA BANK LAIN (lanjutan)                                    5. CURRENT ACCOUNTS WITH OTHER BANKS
                                                                          (continued)

     c)   Cadangan kerugian penurunan nilai (lanjutan)                     c)   Allowance for impairment losses (continued)

          Manajemen berpendapat bahwa jumlah                                    Management believes that the allowance for
          cadangan kerugian penurunan nilai telah                               impairment losses is adequate as of
          memadai pada tanggal 31 Desember 2025 dan                             December 31, 2025 and 2024.
          2024.

     Pada tanggal-tanggal 31 Desember 2025 dan 2024,                       As of December 31, 2025 and 2024, there are no
     tidak terdapat giro pada bank lain yang digunakan                     current accounts with other banks used as collateral
     sebagai jaminan dan dibatasi penggunaannya.                           or restricted.

     Tingkat suku bunga rata-rata per tahun untuk giro                      The annual average interest rates for current
     pada bank lain:                                                        accounts with other banks:

                                               31 Desember/            31 Desember/
                                              December 31, 2025      December 31, 2024

          Rupiah                                        1,40%                   0,83%                                         Rupiah
          Dolar Amerika Serikat                         1,55%                   0,09%                             United States Dollar


6.   PENEMPATAN PADA BANK INDONESIA DAN                                6. PLACEMENTS WITH BANK INDONESIA AND
     BANK LAIN                                                            OTHER BANKS

     a)   Berdasarkan mata uang dan jenis                                  a)   By currency and type
                                                31 Desember/           31 Desember/
                                              December 31, 2025      December 31, 2024
          Pihak ketiga                                                                                                   Third party
          Rupiah                                                                                                             Rupiah
            Bank Indonesia                                                                                         Bank Indonesia
              Deposit Facility                               -           949.861.499                              Deposit Facility
          Total                                              -           949.861.499                                            Total
          Cadangan kerugian penurunan nilai                  -                     -                 Allowance for impairment losses
          Neto                                               -           949.861.499                                               Net


     b)   Berdasarkan sisa umur jatuh tempo                                b)   By remaining period to maturity

          Klasifikasi  jangka    waktu     penempatan                           The classification of placement based on the
          berdasarkan sisa umur sampai dengan saat                              remaining period to maturity are as follows:
          jatuh tempo adalah sebagai berikut:

                                                31 Desember/           31 Desember/
                                              December 31, 2025      December 31, 2024

          Pihak ketiga                                                                                                     Third party
          Rupiah                                                                                                               Rupiah
            ≤ 1 bulan                                        -           949.861.499                                      ≤ 1 month

          Total                                              -           949.861.499                                            Total
          Cadangan kerugian penurunan nilai                  -                     -                 Allowance for impairment losses
          Neto                                               -           949.861.499                                               Net




                                                                71
Page 674
                                                                                  The original financial statements included herein are in the
                                                                                                                        Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                                   PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                                 As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                           and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                            (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                                    unless otherwise stated)


6.   PENEMPATAN PADA BANK INDONESIA DAN                                      6. PLACEMENTS WITH BANK INDONESIA AND
     BANK LAIN (lanjutan)                                                       OTHER BANKS (continued)
     c)   Cadangan kerugian penurunan nilai                                       c)    Allowance for impairment losses
          Bank melakukan penilaian cadangan kerugian                                    The Bank assessed allowance for impairment
          penurunan nilai atas penempatan pada Bank                                     losses on placements with Bank Indonesia and
          Indonesia dan bank lain secara kolektif dengan                                other banks collectively based on whether an
          mempertimbangkan adanya bukti objektif                                        objective evidence of impairment exists.
          penurunan nilai.
          Tabel berikut menyajikan perubahan nilai                                      The following table presents the changes in
          tercatat bruto berdasarkan kategori instrumen                                 gross carrying amount by financial instrument
          keuangan:                                                                     category:
                                                           31 Desember/December 31, 2025
                                                                                        _______


                                                               Stage 2 -
                                                           kerugian kredit       Stage 3 -
                                                            ekspektasian     kerugian kredit
                                                              sepanjang       ekspektasian
                                                              umurnya -         sepanjang
                                            Stage 1 -        kredit tidak       umurnya -
                                         kerugian kredit     memburuk/             kredit
                                          ekspektasian         Stage 2 -       memburuk/
                                            12 bulan/           lifetime         Stage 3 -
                                            Stage 1 -          expected           lifetime
                                           12 months         credit loss -       expected
                                            expected          not credit       credit loss -
                                           credit loss         impaired      credit impaired           Total
                                                                                        _______


          Nilai tercatat awal               949.861.499                  -                   -       949.861.499        Beginning carrying amount
          Aset keuangan baru yang                                                                                       New financial asset issued
             diterbitkan atau dibeli     71.127.510.499                  -                   -    71.127.510.499                  or purchased
          Aset keuangan yang dihentikan
             Pengakuannya               (72.077.371.998)                 -                   -    (72.077.371.998)   Derecognized financial assets
                                                                                        _______


          Nilai tercatat akhir                         -                 -                   -                  -       Ending carrying amount



                                                           31 Desember/December 31, 2024
                                                                                        _______


                                                               Stage 2 -
                                                           kerugian kredit       Stage 3 -
                                                            ekspektasian     kerugian kredit
                                                              sepanjang       ekspektasian
                                                              umurnya -         sepanjang
                                            Stage 1 -        kredit tidak       umurnya -
                                         kerugian kredit     memburuk/             kredit
                                          ekspektasian         Stage 2 -       memburuk/
                                            12 bulan/           lifetime         Stage 3 -
                                            Stage 1 -          expected           lifetime
                                           12 months         credit loss -       expected
                                            expected          not credit       credit loss -
                                           credit loss         impaired      credit impaired           Total
                                                                                        _______


          Nilai tercatat awal               444.935.142                  -                   -       444.935.142        Beginning carrying amount
          Aset keuangan baru yang                                                                                       New financial asset issued
             diterbitkan atau dibeli     71.602.687.058                  -                   -    71.602.687.058                  or purchased
          Aset keuangan yang dihentikan
             pengakuannya               (71.097.760.701)                 -                   -    (71.097.760.701)   Derecognized financial assets
                                                                                        _______


          Nilai tercatat akhir             949.861.499                   -                   -       949.861.499        Ending carrying amount


          Manajemen berpendapat bahwa cadangan                                          Management believes that the allowance for
          kerugian penurunan nilai tidak diperlukan pada                                impairment losses is not necessary as of
          tanggal 31 Desember 2024, karena manajemen                                    December 31, 2024, because management
          berkeyakinan bahwa penempatan pada Bank                                       believes that placement with Bank Indonesia
          Indonesia dan bank lain dapat tertagih.                                       and other banks are fully collectible.

          Pada tanggal 31 Desember 2024, tidak terdapat                                 As of December 31, 2024, there are no
          penempatan pada Bank Indonesia dan bank                                       placement with Bank Indonesia and other banks
          lain yang digunakan sebagai jaminan dan                                       used as collateral or restricted.
          dibatasi penggunaannya.


                                                                      72
Page 675
                                                                            The original financial statements included herein are in the
                                                                                                                  Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                            PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                          As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                    and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                     (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                             unless otherwise stated)


6.   PENEMPATAN PADA BANK INDONESIA DAN                                 6. PLACEMENTS WITH BANK INDONESIA AND
     BANK LAIN (lanjutan)                                                  OTHER BANKS (continued)

     Tingkat suku bunga rata-rata per tahun untuk                           The annual average interest rate for placement with
     penempatan pada Bank Indonesia dan bank lain:                          Bank Indonesia and other banks:
                                                  31 Desember/      31 Desember/
                                                December 31, 2025 December 31, 2024

      Rupiah                                                                                                                  Rupiah
         Deposit facility                                       -                5,34%                                Deposit facility

7.   EFEK-EFEK                                                          7. SECURITIES

     a)   Berdasarkan tujuan, mata uang dan jenis                           a)   By purpose, currency and type
                                                  31 Desember/         31 Desember/
                                                December 31, 2025    December 31, 2024

          Nilai wajar melalui laba rugi                                                             Fair value through profit or loss
          Pihak ketiga                                                                                                 Third parties
          Rupiah                                                                                                              Rupiah
            Sekuritas Rupiah Bank Indonesia          333.170.000          269.416.020             Bank Indonesia Rupiah Securities
          Pihak berelasi (Catatan 33)                                                                       Related parties (Note 33)
          Rupiah                                                                                                              Rupiah
            Obligasi Pemerintah                                 -          25.893.011                            Government bond
                                                     333.170.000          295.309.031

          Nilai wajar melalui penghasilan                                                                        Fair value through
            komprehensif lain                                                                       other comprehensive income
          Pihak ketiga                                                                                                   Third parties
          Rupiah                                                                                                               Rupiah
            Sekuritas Rupiah Bank Indonesia          138.953.897          461.833.197             Bank Indonesia Rupiah Securities
            Reksadana                                 91.816.527           80.496.067                                  Mutual Fund
            Obligasi                                  75.155.300           75.794.500                                         Bonds
            Negotiable Certificate of Deposit          9.066.697                    -              Negotiable Certificate of Deposit
                                                     314.992.421          618.123.764
          Pihak berelasi (Catatan 33)                                                                       Related parties (Note 33)
          Rupiah                                                                                                              Rupiah
            Obligasi pemerintah                    1.960.451.444        1.634.405.565                           Government bonds
            Obligasi                                 185.241.400           84.140.200                                        Bonds
                                                   2.145.692.844        1.718.545.765

                                                   2.460.685.265        2.336.669.529

          Biaya perolehan diamortisasi                                                                               Amortized cost
          Pihak berelasi (Catatan 33)                                                                       Related parties (Note 33)
          Rupiah                                                                                                              Rupiah
            Obligasi pemerintah                    2.189.299.499        1.743.561.508                           Government bonds
            Obligasi                                  75.000.000           75.000.000                                        Bonds
            Medium-Term Note                          10.175.000           10.175.000                           Medium-Term Note

                                                   2.274.474.499        1.828.736.508

          Total                                    5.068.329.764        4.460.715.068                                            Total
          Cadangan kerugian penurunan nilai              (99.038)            (112.054)                Allowance for impairment losses
          Neto                                     5.068.230.726        4.460.603.014                                               Net




                                                                73
Page 676
                                                                            The original financial statements included herein are in the
                                                                                                                  Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                             PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                           As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                     and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                      (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                              unless otherwise stated)


7.   EFEK-EFEK (lanjutan)                                               7. SECURITIES (continued)

     b)   Berdasarkan sisa umur jatuh tempo                                 b)   By remaining period to maturity

          Klasifikasi jangka waktu efek-efek berdasarkan                         The classification of securities period based on
          sisa umur sampai dengan saat jatuh tempo                               the remaining period to maturity are as follows:
          adalah sebagai berikut:

                                                31 Desember/            31 Desember/
                                              December 31, 2025       December 31, 2024
          Pihak ketiga                                                                                                  Third parties
          Rupiah                                                                                                               Rupiah
            ≤ 1 bulan                              340.392.624            269.416.020                                     ≤ 1 month
            > 1 bulan - 3 bulan                    104.453.000            256.622.299                          > 1 month - 3 months
            > 3 bulan - 1 tahun                    203.316.797            361.501.465                            > 3 months - 1 year
                                                   648.162.421            887.539.784
          Pihak berelasi (Catatan 33)                                                                       Related parties (Note 33)
          Rupiah                                                                                                              Rupiah
            ≤ 1 bulan                                        -              25.893.011                                   ≤ 1 month
            > 3 bulan - 1 tahun                  2.220.692.844           1.780.020.254                          > 3 months - 1 year
            > 1 tahun                            2.199.474.499           1.767.262.019                                     > 1 year
                                                 4.420.167.343           3.573.175.284
          Total                                  5.068.329.764           4.460.715.068                                          Total

          Cadangan kerugian
            penurunan nilai                           (99.038)                (112.054)             Allowance for impairment losses
          Neto                                   5.068.230.726           4.460.603.014                                           Net


     c)   Berdasarkan jenis dan penerbit                                    c)   By type and issuer

          1)      Obligasi pemerintah                                            1)   Government bonds

                  Obligasi pemerintah merupakan obligasi                              Government bonds represent bonds issued
                  yang diterbitkan oleh Negara Republik                               by the Republic of Indonesia, including
                  Indonesia,        termasuk          Surat                           Government treasury bills, in connection
                  Perbendaharaan Negara (SPN), dalam                                  with the management of government
                  rangka pengelolaan portofolio surat utang                           debentures portfolio.
                  negara.




                                                                 74
Page 677
                                                                                 The original financial statements included herein are in the
                                                                                                                       Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                                  PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                                As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                          and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                           (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                                   unless otherwise stated)


7.   EFEK-EFEK (lanjutan)                                                  7. SECURITIES (continued)

     c)   Berdasarkan jenis dan penerbit (lanjutan)                              c)       By type and issuer (continued)

          1)   Obligasi pemerintah (lanjutan)                                             1)    Government bonds (continued)

                                                          31 Desember/December 31, 2025

                                               Tingkat suku
                                             bunga per tahun/                                     Nilai wajar/
                                                  Annual           Tanggal jatuh                Nilai tercatat/
                                               interest rate          tempo/                      Fair value/
                                                    (%)            Maturity date               carrying amount


               Nilai wajar melalui
                  penghasilan                                                                                                            Fair value through other
                  komprehensif lain                                                                                                    comprehensive income
               Pihak berelasi (Catatan 33)                                                                                              Related parties (Note 33)
               Rupiah                                                                                                                                     Rupiah
                                                                      15 September/
                 FR0056                                   8,38   September 15, 2026                        66.317.500                                 FR0056
                                                                              15 Juni/
                 FR0058                                   8,25        June 15, 2032                        33.552.000                                 FR0058
                                                                              15 Mei/
                 FR0059                                   7,00         May 15, 2027                        61.572.000                                 FR0059
                                                                             15 April/
                 FR0062                                   6,38         April 15, 2042                      19.668.000                                 FR0062
                                                                              15 Mei/
                 FR0065                                   6,63         May 15, 2033                        23.358.300                                 FR0065
                                                                            15 Maret/
                 FR0071                                   9,00       March 15, 2029                     100.382.100                                   FR0071
                                                                              15 Mei/
                 FR0072                                   8,25         May 15, 2036                        23.020.000                                 FR0072
                                                                              15 Mei/
                 FR0073                                   8,75         May 15, 2031                               517.378                             FR0073
                                                                              15 Mei/
                 FR0075                                   7,50         May 15, 2038                                  59.173                           FR0075
                                                                              15 Juni/
                 FR0080                                   7,50        June 15, 2035                        82.275.000                                 FR0080
                                                                      15 September/
                 FR0082                                   7,00   September 15, 2030                        21.060.000                                 FR0082
                                                                             15 April/
                 FR0086                                   5,50         April 15, 2026                   155.341.000                                   FR0086
                                                                        15 Februari/
                 FR0087                                   6,50    February 15, 2031                        87.635.000                                 FR0087
                                                                              15 Juni/
                 FR0088                                   6,25        June 15, 2036                        10.021.000                                 FR0088
                                                                             15 April/
                 FR0090                                   5,13         April 15, 2027                      83.396.908                                 FR0090
                                                                             15 April/
                 FR0091                                   6,38         April 15, 2032                   122.683.640                                   FR0091
                                                                         15 Agustus/
                 FR0095                                   6,38      August 15, 2028                     166.094.348                                   FR0095
                                                                        15 Februari/
                 FR0096                                   7,00    February 15, 2033                        66.996.620                                 FR0096
                                                                        15 Februari/
                 FR0100                                   6,63    February 15, 2034                     206.300.000                                   FR0100
                                                                             15 April/
                 FR0101                                   6,87         April 15, 2029                   104.600.000                                   FR0101
                                                                               15 Juli/
                 FR0103                                   6,75         July 15, 2035                    225.690.740                                   FR0103
                                                                               15 Juli/
                 FR0104                                   6,50         July 15, 2030                       62.280.000                                 FR0104
                                                                             15 April/
                 FR0108                                   6,50         April 15, 2036                      86.723.737                                 FR0108
                                                                            15 Maret/
                 FR0109                                   5,87       March 15, 2031                     120.124.000                                   FR0109
                                                                         15 Oktober/
                 FRSDG001                                 7,37     October 15, 2030                        30.783.000                              FRSDG001
                                                                                                   1.960.451.444
                                                                                                  __________________________________




                                                                   75
Page 678
                                                                                 The original financial statements included herein are in the
                                                                                                                       Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                                  PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                                As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                          and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                           (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                                   unless otherwise stated)


7.   EFEK-EFEK (lanjutan)                                                  7. SECURITIES (continued)

     c)   Berdasarkan jenis dan penerbit (lanjutan)                              c)       By type and issuer (continued)

          1)   Obligasi pemerintah (lanjutan)                                             1)    Government bonds (continued)

                                                          31 Desember/December 31, 2025

                                               Tingkat suku
                                             bunga per tahun/                                     Nilai wajar/
                                                  Annual           Tanggal jatuh                Nilai tercatat/
                                               interest rate          tempo/                      Fair value/
                                                    (%)            Maturity date               carrying amount

               Biaya perolehan
                  diamortisasi                                                                                                Amortized cost
               Pihak berelasi (Catatan 33)                                                                           Related parties (Note 33)
               Rupiah                                                                                                                  Rupiah
                                                                               15 Juli/
                 FR0042                                  10,25         July 15, 2027                  47.143.318                   FR0042
                                                                         15 Agustus/
                 FR0052                                  10,50      August 15, 2030                   56.356.694                   FR0052
                                                                              15 Mei/
                 FR0059                                   7,00         May 15, 2027                   35.068.616                   FR0059
                                                                            15 Maret/
                 FR0071                                   9,00       March 15, 2029                  159.002.279                   FR0071
                                                                              15 Mei/
                 FR0075                                   7,50         May 15, 2038                   10.466.140                   FR0075
                                                                              15 Mei/
                 FR0078                                   8,25         May 15, 2029                  102.907.728                   FR0078
                                                                              15 Juni/
                 FR0080                                   7,50        June 15, 2035                   20.859.237                   FR0080
                                                                      15 September/
                 FR0082                                   7,00   September 15, 2030                  165.620.070                   FR0082
                                                                             15 April/
                 FR0085                                   7,75         April 15, 2031                149.906.825                   FR0085
                                                                        15 Februari/
                 FR0087                                   6,50    February 15, 2031                   79.329.992                   FR0087
                                                                             15 April/
                 FR0090                                   5,12         April 15, 2027                 49.103.501                   FR0090
                                                                             15 April/
                 FR0091                                   6,38         April 15, 2032                172.448.616                   FR0091
                                                                         15 Agustus/
                 FR0095                                   6,38      August 15, 2028                  258.056.972                   FR0095
                                                                        15 Februari/
                 FR0096                                   7,00    February 15, 2033                  310.261.644                   FR0096
                                                                              15 Juni/
                 FR0098                                   7,13        June 15, 2038                   19.990.727                   FR0098
                                                                        15 Februari/
                 FR0100                                   6,63    February 15, 2034                   79.406.088                   FR0100
                                                                               15 Juli/
                 FR0103                                   6,75         July 15, 2035                 190.344.374                   FR0103
                                                                               15 Juli/
                 FR0104                                   6,50         July 15, 2030                 164.290.852                   FR0104
                                                                             15 April/
                 FR0108                                   6,50         April 15, 2036                 20.950.440                   FR0108
                                                                            15 Maret/
                 FR0109                                   5,87       March 15, 2031                   31.634.015                   FR0109
                                                                             15 Maret
                 PBS029                                   6,38       March 15, 2034                   66.151.371                   PBS029

                                                                                                   2.189.299.499

               Total                                                                               4.149.750.943                        Total




                                                                   76
Page 679
                                                                                   The original financial statements included herein are in the
                                                                                                                         Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                                    PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                                  As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                            and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                             (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                                     unless otherwise stated)


7.   EFEK-EFEK (lanjutan)                                                    7. SECURITIES (continued)

     c)   Berdasarkan jenis dan penerbit (lanjutan)                                c)       By type and issuer (continued)
          1)   Obligasi pemerintah (lanjutan)                                               1)    Government bonds (continued)
                                                            31 Desember/December 31, 2024

                                                 Tingkat suku
                                               bunga per tahun/                                     Nilai wajar/
                                                    Annual           Tanggal jatuh                Nilai tercatat/
                                                 interest rate          tempo/                      Fair value/
                                                      (%)            Maturity date               carrying amount
                                                                                                                             Fair value through
               Nilai wajar melalui laba rugi                                                                                    profit or loss
               Pihak berelasi (Catatan 33)                                                                             Related parties (Note 33)
               Rupiah                                                                                                                     Rupiah
                                                                                15 Juli/
                 FR0103                                     6,75          July 15, 2035                 25.893.011                   FR0103
                                                                                                        25.893.011
               Nilai wajar melalui
                  penghasilan                                                                                          Fair value through other
                  komprehensif lain                                                                                  comprehensive income
               Pihak berelasi (Catatan 33)                                                                            Related parties (Note 33)
               Rupiah                                                                                                                   Rupiah
                                                                        15 September/
                 FR0040                                    11,00   September 15, 2025                   66.917.500                   FR0040
                                                                        15 September/
                 FR0056                                     8,38   September 15, 2026                   66.097.520                   FR0056
                                                                                15 Mei/
                 FR0059                                     7,00         May 15, 2027                   60.060.000                   FR0059
                                                                               15 April/
                 FR0062                                     6,38         April 15, 2042                 18.740.000                   FR0062
                                                                                15 Mei/
                 FR0065                                     6,63         May 15, 2033                   22.109.800                   FR0065
                                                                              15 Maret/
                 FR0071                                     9,00       March 15, 2029                   53.490.000                   FR0071
                                                                                15 Mei/
                 FR0072                                     8,25         May 15, 2036                   21.694.000                   FR0072
                                                                                15 Mei/
                 FR0073                                     8,75         May 15, 2031                      495.262                   FR0073
                                                                                15 Mei/
                 FR0075                                     7,50         May 15, 2038                       55.507                   FR0075
                                                                                15 Juni/
                 FR0080                                     7,50        June 15, 2035                   77.077.500                   FR0080
                                                                                15 Juni/
                 FR0081                                     6,50        June 15, 2025                  174.580.000                   FR0081
                                                                        15 September/
                 FR0082                                     7,00   September 15, 2030                   19.974.000                   FR0082
                                                                               15 April/
                 FR0086                                     5,50         April 15, 2026                161.733.000                   FR0086
                                                                          15 Februari/
                 FR0087                                     6,50    February 15, 2031                  112.067.500                   FR0087
                                                                                15 Juni/
                 FR0088                                     6,25        June 15, 2036                    9.385.000                   FR0088
                                                                               15 April/
                 FR0090                                     5,13         April 15, 2027                 79.857.848                   FR0090
                                                                               15 April/
                 FR0091                                     6,38         April 15, 2032                  9.589.632                   FR0091
                                                                           15 Agustus/
                 FR0095                                     6,38      August 15, 2028                  100.459.707                   FR0095
                                                                          15 Februari/
                 FR0096                                     7,00    February 15, 2033                   23.604.471                   FR0096
                                                                          15 Februari/
                 FR0100                                     6,62    February 15, 2034                  214.170.000                   FR0100
                                                                               15 April/
                 FR0101                                     6,87         April 15, 2029                119.304.000                   FR0101
                                                                                 15 Juli/
                 FR0103                                     6,75         July 15, 2035                  73.132.318                   FR0103
                                                                           15 Oktober/
                 PBS017                                     6,13     October 15, 2025                  119.028.000                   PBS017
                                                                           15 Oktober/
                 FRSDG001                                   7,37     October 15, 2030                   30.783.000                FRSDG001
                                                                                                     1.634.405.565


                                                                     77
Page 680
                                                                                 The original financial statements included herein are in the
                                                                                                                       Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                                  PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                                As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                          and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                           (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                                   unless otherwise stated)


7.   EFEK-EFEK (lanjutan)                                                  7. SECURITIES (continued)

     c)   Berdasarkan jenis dan penerbit (lanjutan)                              c)       By type and issuer (continued)

          1)   Obligasi pemerintah (lanjutan)                                             1)    Government bonds (continued)

                                                          31 Desember/December 31, 2024

                                               Tingkat suku
                                             bunga per tahun/                                     Nilai wajar/
                                                  Annual           Tanggal jatuh                Nilai tercatat/
                                               interest rate          tempo/                      Fair value/
                                                    (%)            Maturity date               carrying amount

               Biaya perolehan
                  diamortisasi                                                                                                  Amortized cost
               Pihak berelasi (Catatan 33)                                                                             Related parties (Note 33)
               Rupiah                                                                                                                    Rupiah
                                                                      15 September/
                 FR0040                                  11,00   September 15, 2025                   31.257.905                     FR0040
                                                                               15 Juli/
                 FR0042                                  10,25         July 15, 2027                  48.421.608                     FR0042
                                                                         15 Agustus/
                 FR0052                                  10,50      August 15, 2030                   57.479.136                     FR0052
                                                                              15 Mei/
                 FR0059                                   7,00         May 15, 2027                   35.114.903                     FR0059
                                                                            15 Maret/
                 FR0071                                   9,00       March 15, 2029                  161.439.062                     FR0071
                                                                              15 Mei/
                 FR0075                                   7,50         May 15, 2038                   10.489.349                     FR0075
                                                                              15 Mei/
                 FR0078                                   8,25         May 15, 2029                  103.905.703                     FR0078
                                                                              15 Juni/
                 FR0080                                   7,50        June 15, 2035                   20.922.025                     FR0080
                                                                              15 Juni/
                 FR0081                                   6,50        June 15, 2025                   30.216.585                     FR0081
                                                                      15 September/
                 FR0082                                   7,00   September 15, 2030                  165.719.694                     FR0082
                                                                             15 April/
                 FR0085                                   7,75         April 15, 2031                150.496.877                     FR0085
                                                                        15 Februari/
                 FR0087                                   6,50    February 15, 2031                   79.068.047                     FR0087
                                                                             15 April/
                 FR0090                                   5,12         April 15, 2027                 48.455.157                     FR0090
                                                                             15 April/
                 FR0091                                   6,37         April 15, 2032                171.528.127                     FR0091
                                                                         15 Agustus/
                 FR0095                                   6,37      August 15, 2028                  257.401.342                     FR0095
                                                                        15 Februari/
                 FR0096                                   7,00    February 15, 2033                  150.731.398                     FR0096
                                                                              15 Juni/
                 FR0098                                   7,12        June 15, 2038                   19.990.276                     FR0098
                                                                        15 Februari/
                 FR0100                                   6,62    February 15, 2034                   79.353.420                     FR0100
                                                                               15 Juli/
                 FR0103                                   6,75         July 15, 2035                  20.042.031                     FR0103
                                                                               15 Juli/
                 FR0104                                   6,50         July 15, 2030                  35.710.563                     FR0104
                                                                            15 Maret/
                 PBS029                                   6,37       March 15, 2034                   65.818.300                     PBS029

                                                                                                   1.743.561.508

               Total                                                                               3.403.860.084                          Total


               Nilai pasar obligasi pemerintah yang                                             The market value of government bonds
               diklasifikasikan “Nilai wajar melalui laba                                       which are classified as “Fair value through
               rugi” dan “Nilai wajar melalui penghasilan                                       profit or loss” and “Fair value through other
               komprehensif lain” berkisar antara 98,34%                                        comprehensive income” ranged from
               sampai dengan 115,10% pada tanggal                                               98.34%       up    to    115.10%     as    of
               31 Desember 2025.                                                                December 31, 2025.



                                                                   78
Page 681
                                                                                            The original financial statements included herein are in the
                                                                                                                                  Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                                             PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                                           As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                                     and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                                      (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                                              unless otherwise stated)


7.   EFEK-EFEK (lanjutan)                                                                7. SECURITIES (continued)

     c)   Berdasarkan jenis dan penerbit (lanjutan)                                         c)     By type and issuer (continued)

          1)   Obligasi pemerintah (lanjutan)                                                      1)     Government bonds (continued)

               Nilai pasar obligasi pemerintah yang                                                       The market value of government bonds
               diklasifikasikan “Nilai wajar melalui laba                                                 which are classified as “Fair value through
               rugi” dan “Nilai wajar melalui penghasilan                                                 profit or loss” and “Fair value through other
               komprehensif lain” berkisar antara 93,70%                                                  comprehensive income” ranged from
               sampai dengan 108,61% pada tanggal                                                         93.70%       up    to    108.61%     as    of
               31 Desember 2024.                                                                          December 31, 2024.

          2)   Obligasi                                                                            2)     Bonds
                                                                                                 31 Desember/December 31, 2025

                                                                     Tingkat suku
                                                                   bunga per tahun/             Tanggal                                             Nilai tercatat/
                                                                    Annual interest          jatuh tempo/                                            Nilai wajar/
               Penerbit dan seri/                                        rate                   Maturity                                          Carrying amount/
               Issuer and series                                         (%)                      date                 Peringkat/Rating *)           Fair value

               Nilai wajar melalui penghasilan/
                  komprehensif lain/
                  Fair value through other
                  comprehensive income
               Pihak ketiga/Third parties
               Rupiah
                  PT Indah Kiat Pulp & Paper Tbk
                     Berkelanjutan III
                     Tahap I Seri C 2022/
                        Sustainable III                                                          5 Agustus/
                        Phase I Series C 2022                                    10,00        August 5, 2027                           idA+               10.448.000
                  PT Astra Sedaya Finance
                     Berkelanjutan VI
                        Tahap IV Seri B 2024/
                        Sustainable VI                                                            2 Oktober/
                        Phase IV Series B 2024                                    6,70       October 2, 2027                         idAAA                20.372.000
                  PT Federal International Finance
                     Berkelanjutan V
                        Tahap V Seri B 2023/
                        Sustainable V                                                           24 Februari/
                        Phase V Series B 2023                                     6,80     February 24, 2026                         idAAA                 5.013.000
                     Berkelanjutan VII
                        Tahap II Seri A 2025/
                        Sustainable VII                                                        22 September/
                        Phase II Series A 2025                                    5,85    September 22, 2026                         idAAA                 4.024.800
                     Berkelanjutan VII
                        Tahap II Seri B 2025/
                        Sustainable VII                                                        12 September/
                        Phase II Series B 2025                                    6,15    September 12, 2028                         idAAA                35.297.500

                                                                                                                                                          75.155.300

               Pihak berelasi (Catatan 33)/
                  Related parties (Note 33)
               Rupiah
                  PT Sarana Multi Infrastruktur (Persero)
                     Berkelanjutan Tahap III 2023/                                                    17 Mei/
                       Sustainable Phase III 2023                                 6,70           May 17, 2026                        idAAA                15.090.000
                  PT Bank Negara Indonesia (Persero) Tbk
                     Berwawasan Lingkungan
                       Seri B 2022/Green Bond                                                          21 Juni/
                       Series B 2022                                              6,85           June 21, 2027                       idAAA                7.934.400
                    Berkelanjutan I
                       Tahap I Seri A 2025/
                       Sustainable I                                                                      4 Juli/
                       Phase I Series A 2025                                      6,60             July 4, 2028                      idAAA                15.289.500

               *)                                                                                         *)
                    Berdasarkan peringkat yang diterbitkan oleh PT Pemeringkat                                 Based on rating issued by PT Pemeringkat Efek Indonesia
                    Efek Indonesia (Pefindo)                                                                   (Pefindo)




                                                                                 79
Page 682
                                                                                           The original financial statements included herein are in the
                                                                                                                                 Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                                            PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                                          As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                                    and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                                     (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                                             unless otherwise stated)


7.   EFEK-EFEK (lanjutan)                                                               7. SECURITIES (continued)

     c)   Berdasarkan jenis dan penerbit (lanjutan)                                        c)     By type and issuer (continued)

          2)   Obligasi (lanjutan)                                                                2)     Bonds (continued)
                                                                                                31 Desember/December 31, 2025

                                                                     Tingkat suku
                                                                   bunga per tahun/            Tanggal                                             Nilai tercatat/
                                                                    Annual interest         jatuh tempo/                                            Nilai wajar/
               Penerbit dan seri/                                        rate                  Maturity                                          Carrying amount/
               Issuer and series                                         (%)                     date                 Peringkat/Rating *)           Fair value

               Pihak berelasi (Catatan 33) (lanjutan)/
                  Related parties (Note 33) (continued)
               Rupiah
               PT Bank Mandiri (Persero) Tbk
                    Berkelanjutan I
                       Tahap I Seri A 2023/
                       Sustainable I                                                                     4 Juli/
                       Phase I Series A 2023                                     5,80             July 4, 2026                      idAAA                20.066.000
                    Berkelanjutan I
                       Tahap I Seri B 2023/
                       Sustainable I                                                                     4 Juli/
                       Phase I Series B 2023                                     6,10             July 4, 2028                      idAAA                30.282.000
                    Berkelanjutan I
                       Tahap II Seri B 2025/
                       Sustainable I                                                              25 Maret/
                       Phase II Series B 2025                                    6,65        March 25, 2028                         idAAA                15.327.000
                  PT Sarana Multigriya Finansial (Persero)
                    Berkelanjutan VII
                       Tahap II Seri C 2023/
                       Sustainable VII                                                          20 Oktober/
                       Phase II Series C 2023                                    6,75       October 20 2028                         idAAA                25.545.000
                    Berkelanjutan VII
                       Tahap V Seri B 2024/
                       Sustainable VII                                                               26 Juni/
                       Phase V Series B 2024                                     6,80           June 26 2027                        idAAA                20.368.000
                  PT Bank Rakyat Indonesia (Persero) Tbk
                    Berkelanjutan I
                       Tahap I Seri A 2025/
                       Sustainable I                                                                  26 Juni/
                       Phase I Series A 2025                                     6,45           June 26, 2027                       idAAA                15.199.500
                  PT Pegadaian
                    Berkelanjutan III
                       Tahap V Seri A 2025/
                       Sustainable III                                                        13 September/
                       Phase V Series A 2025                                     6,10    September 13, 2026                         idAAA                10.060.000
                  PT Bank Mandiri Taspen
                    Berkelanjutan II
                       Tahap I Seri A 2025/
                       Sustainable II                                                                    4 Juli/
                       Phase I Series A 2025                                     6,65             July 4, 2028                      idAAA                10.080.000

                                                                                                                                                       185.241.400

                                                                                                                                                       260.396.700

               *)                                                                                        *)
                    Berdasarkan peringkat yang diterbitkan oleh PT Pemeringkat                                Based on rating issued by PT Pemeringkat Efek Indonesia
                    Efek Indonesia (Pefindo)                                                                  (Pefindo)




                                                                                 80
Page 683
                                                                                            The original financial statements included herein are in the
                                                                                                                                  Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                                            PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                                          As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                                    and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                                     (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                                             unless otherwise stated)


7.   EFEK-EFEK (lanjutan)                                                                7. SECURITIES (continued)

     c)   Berdasarkan jenis dan penerbit (lanjutan)                                         c)     By type and issuer (continued)

          2)   Obligasi (lanjutan)                                                                 2)     Bonds (continued)

                                                                                                 31 Desember/December 31, 2025

                                                                    Tingkat suku
                                                                  bunga per tahun/             Tanggal                                            Nilai tercatat/
                                                                   Annual interest          jatuh tempo/                                            Nilai wajar/
               Penerbit dan seri/                                       rate                   Maturity                                          Carrying amount/
               Issuer and series                                        (%)                      date                  Peringkat/Rating *)          Fair value

               Biaya perolehan diamortisasi/
                  Amortized cost
               Pihak berelasi (Catatan 33)/
                  Related parties (Note 33)
               Rupiah
                  PT Sarana Multigriya Finansial
                    (Persero)
                    Berkelanjutan VI Tahap II 2021/                                           17 November/
                       Sustainable VI Phase II 2021                               6,00    November 17, 2026                          idAAA                64.000.000
                    Berkelanjutan VI Tahap I
                       Seri B 2021/Sustainable VI                                                         8 Juli/
                       Phase I Series B 2021                                      6,40             July 8, 2026                      idAAA                11.000.000

                                                                                                                                                          75.000.000

               Total                                                                                                                                    335.396.700



                                                                                                 31 Desember/December 31, 2024

                                                                    Tingkat suku
                                                                  bunga per tahun/             Tanggal                                            Nilai tercatat/
                                                                   Annual interest          jatuh tempo/                                            Nilai wajar/
               Penerbit dan seri/                                       rate                   Maturity                                          Carrying amount/
               Issuer and series                                        (%)                      date                  Peringkat/Rating *)          Fair value

               Nilai wajar melalui penghasilan/
                  komprehensif lain/
                  Fair value through other
                  comprehensive income
               Pihak ketiga/Third parties
               Rupiah
                  PT Indah Kiat Pulp & Paper Tbk
                     Tahap I Seri C 2022/                                                       25 Agustus/
                        Phase I Series C 2022                                    10,00       August 25, 2027                           idA+               10.196.000
                     Tahap III Seri B 2022/                                                     25 Agustus/
                                                                                                                                             +
                        Phase III Series B 2022                                  10,25       August 25, 2026                           idA                40.620.000

               PT Astra Sedaya Finance
                    Berkelanjutan VI
                       Tahap IV Seri B 2024/
                       Sustainable VI                                                             2 Oktober/
                       Phase IV Series B 2024                                     6,70       October 2, 2027                         idAAA                20.000.000
                 PT Federal International Finance
                    Berkelanjutan V
                       Tahap V Seri B 2023/
                       Sustainable V                                                            24 Februari/
                       Phase V Series B 2023                                      6,80     February 24, 2026                         idAAA                 4.978.500

                                                                                                                                                          75.794.500


               *)                                                                                         *)
                    Berdasarkan peringkat yang diterbitkan oleh PT Pemeringkat                                 Based on rating issued by PT Pemeringkat Efek Indonesia
                    Efek Indonesia (Pefindo)                                                                   (Pefindo)




                                                                                 81
Page 684
                                                                                           The original financial statements included herein are in the
                                                                                                                                 Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                                           PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                                         As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                                   and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                                    (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                                            unless otherwise stated)


7.   EFEK-EFEK (lanjutan)                                                               7. SECURITIES (continued)

     c)   Berdasarkan jenis dan penerbit (lanjutan)                                        c)     By type and issuer (continued)

          2)   Obligasi (lanjutan)                                                                2)     Bonds (continued)

                                                                                                31 Desember/December 31, 2024

                                                                    Tingkat suku
                                                                  bunga per tahun/            Tanggal                                            Nilai tercatat/
                                                                   Annual interest         jatuh tempo/                                            Nilai wajar/
               Penerbit dan seri/                                       rate                  Maturity                                          Carrying amount/
               Issuer and series                                        (%)                     date                  Peringkat/Rating *)          Fair value

               Pihak berelasi (Catatan 33)/
                  Related parties (Note 33)
               Rupiah
                  PT Sarana Multi Infrastruktur (Persero)
                     Berkelanjutan Tahap III 2023/                                                   17 Mei/
                       Sustainable Phase III 2023                                6,70           May 17, 2026                        idAAA                14.898.000
                  PT Bank Negara Indonesia (Persero) Tbk
                    Berwawasan Lingkungan
                       Seri A 2022/Green Bond                                                         21 Juni/
                       Series A 2022                                             6,35           June 21, 2025                       idAAA                21.931.800
                     Berwawasan Lingkungan
                       Seri B 2022/Green Bond                                                         21 Juni/
                       Series B 2022                                             6,85           June 21, 2027                       idAAA                7.934.400
                  PT Bank Mandiri (Persero) Tbk
                    Berkelanjutan I
                       Tahap I Seri A 2023/
                       Sustainable I                                                                     4 Juli/
                       Phase I Series A 2023                                     5,80             July 4, 2026                      idAAA                19.606.000
                  PT Sarana Multigriya Finansial (Persero)
                    Berkelanjutan VII
                       Tahap VII Seri B 2024/
                       Sustainable VII                                                               26 Juni/
                       Phase V Series B 2024                                     6,80           June 26 2027                        idAAA                19.770.000

                                                                                                                                                         84.140.200

                                                                                                                                                       159.934.700
                    Biaya perolehan diamortisasi/
                    Amortized cost
                    Pihak berelasi (Catatan 33)/
                         Related parties (Note 33)
                    Rupiah
                    PT Sarana Multigriya Finansial
                       (Persero)
                       Berkelanjutan VI Tahap II 2021/                                       17 November/
                          Sustainable VI Phase II 2021                           6,00    November 17, 2026                          idAAA                64.000.000
                       Berkelanjutan VI Tahap I
                          Seri B 2021/Sustainable VI                                                     8 Juli/
                          Phase I Series B 2021                                  6,40             July 8, 2026                      idAAA                11.000.000

                                                                                                                                                         75.000.000

               Total                                                                                                                                   234.934.700



               *)                                                                                        *)
                    Berdasarkan peringkat yang diterbitkan oleh PT Pemeringkat                                Based on rating issued by PT Pemeringkat Efek Indonesia
                    Efek Indonesia (Pefindo)                                                                  (Pefindo)




                                                                                 82
Page 685
                                                                          The original financial statements included herein are in the
                                                                                                                Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                           PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                         As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                   and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                    (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                            unless otherwise stated)


7.   EFEK-EFEK (lanjutan)                                              7. SECURITIES (continued)

     c)   Berdasarkan jenis dan penerbit (lanjutan)                       c)     By type and issuer (continued)

          3)   Medium-Term Notes (MTN)                                           3)   Medium-Term Notes (MTN)

                                                                               31 Desember/December 31, 2025

                                                                           Tingkat suku
                                                                         bunga per tahun/            Tanggal           Nilai tercatat/
                                                                          Annual interest         jatuh tempo/           Nilai wajar/
                                                  Nilai nominal/               rate                  Maturity         Carrying amount/
               Penerbit/Issuer                    Nominal value                (%)                     date              Fair value

               Biaya perolehan diamortisasi/
                  Amortized cost
               Pihak berelasi (Catatan 33)/
                  Related parties (Note 33)
               Rupiah
                  PT Perkebunan Nusantara II
                    Tahap VIII Seri A/                                                                     26 Juni/
                       Phase VIII Series A                 9.250.000                   10,75        June 26, 2027             9.250.000
                    Tahap VIII Seri B/                                                                 31 Oktober/
                       Phase VIII Series B                  925.000                    10,75      October 31, 2027              925.000

               Total                                                                                                         10.175.000



                                                                               31 Desember/December 31, 2024

                                                                           Tingkat suku
                                                                         bunga per tahun/            Tanggal           Nilai tercatat/
                                                                          Annual interest         jatuh tempo/           Nilai wajar/
                                                  Nilai nominal/               rate                  Maturity         Carrying amount/
               Penerbit/Issuer                    Nominal value                (%)                     date              Fair value

               Biaya perolehan diamortisasi/
                  Amortized cost
               Pihak berelasi (Catatan 33)/
                  Related parties (Note 33)
               Rupiah
                  PT Perkebunan Nusantara II
                    Tahap VIII Seri A/                                                                     26 Juni/
                       Phase VIII Series A                 9.250.000                   10,75        June 26, 2027             9.250.000
                    Tahap VIII Seri B/                                                                 31 Oktober/
                       Phase VIII Series B                  925.000                    10,75      October 31, 2027              925.000

               Total                                                                                                         10.175.000




          4)   Negotiable Certificate of Deposite (NCD)                          4)   Negotiable Certificate of Deposite (NCD)

                                                                               31 Desember/December 31, 2025

                                                                           Tingkat suku
                                                                         bunga per tahun/            Tanggal           Nilai tercatat/
                                                                          Annual interest         jatuh tempo/           Nilai wajar/
                                                  Nilai nominal/               rate                  Maturity         Carrying amount/
               Penerbit/Issuer                    Nominal value                (%)                     date              Fair value

               Nilai wajar melalui penghasilan/
                  komprehensif lain/
                  Fair value through other
                  comprehensive income
               Pihak ketiga/Third parties
               Rupiah
                  PT Bank DBS Indonesia                                                             27 November/
                     Seri A 2025/Series A 2025            10.000.000                    0,00    November 27, 2026             9.066.697

               Total                                                                                                          9.066.697




                                                               83
Page 686
                                                                            The original financial statements included herein are in the
                                                                                                                  Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                             PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                           As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                     and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                      (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                              unless otherwise stated)


7.   EFEK-EFEK (lanjutan)                                                7. SECURITIES (continued)

     c)   Berdasarkan jenis dan penerbit (lanjutan)                         c)   By type and issuer (continued)

          5)   Reksadana                                                         5)    Mutual Fund

                                                                                                       31 Desember/December 31, 2025

                                                                                                               Nilai tercatat/Nilai wajar
               Penerbit/Issuer                                                                               Carrying amount/Fair value

               Nilai wajar melalui penghasilan komprehensif lain/
                  Fair value through other comprehensive income
               Pihak ketiga/Third parties
               Rupiah
                  Reksa Dana Terproteksi BRI Proteksi 90                                                                         30.496.317
                  Reksa Dana BRI Gebyar Dana Likuid II                                                                           20.929.850
                  Reksa Dana Manulife Proteksi Dana Utama IX                                                                     20.289.200
                  Reksa Dana Terproteksi Sucorinvest Proteksi 53                                                                 20.101.160

               Total                                                                                                             91.816.527


                                                                                                       31 Desember/December 31, 2024

                                                                                                               Nilai tercatat/Nilai wajar
               Penerbit/Issuer                                                                               Carrying amount/Fair value

               Nilai wajar melalui penghasilan komprehensif lain/
                  Fair value through other comprehensive income
               Pihak ketiga/Third parties
               Rupiah
                  Reksa Dana Terproteksi BRI Proteksi 90                                                                         30.463.086
                  Reksa Dana BRI Gebyar Dana Likuid II                                                                           50.032.981

               Total                                                                                                             80.496.067


          6)   Sekuritas Rupiah Bank Indonesia (SRBI)                            6)    Bank Indonesia Rupiah Securities
                                                                                         31 Desember/December 31, 2025

                                                                                                     Tanggal              Nilai tercatat/
                                                                                                  jatuh tempo/              Nilai wajar/
                                                                            Nilai nominal/           Maturity            Carrying amount/
               Penerbit/Issuer                                              Nominal value              date                 Fair value

               Nilai wajar melalui laba rugi/
                  Fair value through profit or loss
                  Pihak ketiga/Third parties
               Rupiah
                  Bank Indonesia
                                                                                                              3 Juni/
                       IDSR030626364S                                             200.000.000          June 3, 2026              196.100.000
                                                                                                              3 Juli /
                       IDSR030726364S                                              50.000.000           July 3, 2026              48.830.000
                                                                                                             15 Mei/
                       IDSR150526364S                                              40.000.000          May 15, 2026               39.320.000
                                                                                                            19 Juni/
                       IDSR190626364S                                              50.000.000         June 19, 2026               48.920.000

                                                                                                                                 333.170.000

               Nilai wajar melalui penghasilan
                  komprehensif lain/
                  Fair value through other
                  Comprehensive income
                  Pihak ketiga/Third parties
               Rupiah
                  Bank Indonesia
                                                                                                       19 Januari/
                       IDSR190126367S                                               7.240.000      January 19, 2026                7.222.624
                                                                                                        20 Februari/
                       IDSR200226364S                                             100.000.000     February 20, 2026               99.440.000
                                                                                                             4 Mei/
                       IDSR040526367S                                              32.803.000          May 4, 2026                32.291.273

                                                                                                                                 138.953.897

               Total                                                                                                             472.123.897

                                                                    84
Page 687
                                                              The original financial statements included herein are in the
                                                                                                    Indonesian language.

          PT BANK RAYA INDONESIA Tbk                               PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                            NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                             As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                       and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                        (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                unless otherwise stated)


7.   EFEK-EFEK (lanjutan)                                  7. SECURITIES (continued)

     c)   Berdasarkan jenis dan penerbit (lanjutan)           c)   By type and issuer (continued)

          6) Sekuritas Rupiah Bank Indonesia (SRBI)                 6) Bank     Indonesia            Rupiah      Securities
             (lanjutan)                                                (continued)
                                                                           31 Desember/December 31, 2024


                                                                                       Tanggal              Nilai tercatat/
                                                                                    jatuh tempo/              Nilai wajar/
                                                              Nilai nominal/           Maturity            Carrying amount/
              Penerbit/Issuer                                 Nominal value              date                 Fair value

              Nilai wajar melalui laba rugi/
                 Fair value through profit or loss
                 Pihak ketiga/Third parties
              Rupiah
                 Bank Indonesia
                                                                                              23 April/
                      IDSR230045273S                                 39.399.000         April 23, 2025             29.791.020
                                                                                       14 November /
                      IDSR141125364S                                100.000.000    November 14, 2025               94.140.000
                                                                                         7 November/
                      IDSR071125364S                                 50.000.000     November 7, 2025               47.135.000
                                                                                               16 Mei/
                      IDSR160525364S                                 50.000.000          Mei 16, 2025              48.780.000
                                                                                          21 Februari/
                      IDSR210225364S                                 50.000.000     February 21, 2025              49.570.000

                                                                                                                  269.416.020

              Nilai wajar melalui penghasilan
                 komprehensif lain/
                 Fair value through other
                 Comprehensive income
                 Pihak ketiga/Third parties
              Rupiah
                 Bank Indonesia
                                                                                              7 Maret/
                      IDSR020725364S                                125.000.000         March 7, 2025             123.600.000
                                                                                           31 Januari/
                      IDSR310125364S                                 30.000.000      January 31, 2025              29.859.000
                                                                                              30 Juni/
                      IDSR300625367S                                 50.000.000         June 30, 2025              48.315.000
                                                                                                 2 Juli/
                      IDSR020725364S                                  3.720.000           July 2, 2025              3.593.148
                                                                                               14 Mei/
                      IDSR140525364S                                 40.000.000          May 14, 2025              39.040.000
                                                                                          13 Februari/
                      IDSR120225273S                                 50.000.000     February 13, 2025              49.650.000
                                                                                              5 Maret/
                      IDSR050325273S                                  3.734.000         March 5, 2025               3.693.299
                                                                                         7 November/
                      IDSR071125364S                                 20.000.000     November 7, 2025               18.854.000
                                                                                        21 Desember/
                      IDSR121225364S                                 50.000.000    December 12, 2025               46.628.750
                                                                                               16 Mei/
                      IDSR160525364S                                 50.000.000          May 16, 2025              48.780.000
                                                                                           22 Januari/
                      IDSR220125182S                                 50.000.000      January 22, 2025              49.820.000

                                                                                                                  461.833.197

              Total                                                                                               731.249.217




                                                      85
Page 688
                                                                                         The original financial statements included herein are in the
                                                                                                                               Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                                             PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                                           As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                                     and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                                      (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                                              unless otherwise stated)


7.   EFEK-EFEK (lanjutan)                                                           7. SECURITIES (continued)

     d)   Untuk tahun yang berakhir pada tanggal                                         d)     For the year ended December 31, 2025 and
          31 Desember 2025 dan 2024, Bank mengakui                                              2024, the Bank recognized net unrealized gain
          keuntungan yang belum direalisasi neto dari                                           on changes in the fair value of securities
          perubahan nilai wajar efek-efek yang                                                  classified as “Fair value through profit or gain”
          diklasifikasikan “Nilai wajar melalui laba rugi”                                      amounting to Rp1,134,610 and Rp1,949,509,
          masing-masing sebesar Rp1.134.610 dan                                                 respectively, which is presented under
          Rp1.949.509, yang disajikan pada akun                                                 “Unrealized gain on changes in fair value of
          “Keuntungan yang belum direalisasi dari                                               securities - net” account in the statement of
          perubahan nilai wajar efek-efek - neto” di                                            profit or loss and other comprehensive income.
          laporan      laba    rugi   dan     penghasilan
          komprehensif lain.

     e)   Bank mengakui keuntungan neto atas                                             e)     The Bank recognized net gain resulting from the
          penjualan efek-efek sebesar Rp29.299.197 dan                                          sale of securities amounting to Rp29,299,197
          Rp20.582.407 masing-masing untuk tahun                                                and Rp20,582,407 for the years ended
          yang berakhir pada tanggal 31 Desember 2025                                           December 31, 2025 and 2024, respectively,
          dan 2024, yang disajikan dalam akun                                                   which are recorded under “Gain on sale of
          “Keuntungan dari penjualan efek-efek - neto” di                                       securities - net” in the statement of profit or loss
          laporan    laba    rugi   dan     penghasilan                                         and other comprehensive income.
          komprehensif lain.

     f)   Cadangan kerugian penurunan nilai                                              f)     Allowance for impairment losses

          Bank melakukan penilaian atas penurunan nilai                                         The Bank assessed collectively for impairment
          efek-efek secara kolektif dengan adanya bukti                                         on securities based on whether an objective
          objektif penurunan nilai.                                                             evidence of impairment exists.

          Tabel berikut menyajikan perubahan nilai                                              The following table presents the changes in
          tercatat bruto dan cadangan kerugian                                                  gross carrying amount and allowance for
          ekspektasian berdasarkan kategori instrumen                                           expected losses by financial instrument
          keuangan:                                                                             category:
                                                               31 Desember/December 31, 2025
                                                                                               _______

                                                                  Stage 2 -
                                                              kerugian kredit           Stage 3 -
                                                               ekspektasian         kerugian kredit
                                                                 sepanjang           ekspektasian
                                                                 umurnya -             sepanjang
                                             Stage 1 -          kredit tidak           umurnya -
                                          kerugian kredit       memburuk/                 kredit
                                           ekspektasian           Stage 2 -           memburuk/
                                             12 bulan/             lifetime             Stage 3 -
                                             Stage 1 -            expected               lifetime
                                            12 months           credit loss -           expected
                                             expected            not credit           credit loss -
                                            credit loss           impaired          credit impaired          Total
                                                                                                _______

          Efek-efek yang diukur pada
              nilai wajar melalui                                                                                                   Securities measured at
              penghasilan komprehensif                                                                                         fair value through other
              lain                                                                                                             comprehensive income
          Nilai tercatat awal               2.336.669.529                       -                     -   2.336.669.529          Beginning carrying amount
          Pengukuran kembali bersih                                                                                                   Net remeasurement of
              nilai tercatat                   90.688.437                       -                     -      90.688.437                 carrying amount
          Aset keuangan baru yang                                                                                                New financial asset issued
              diterbitkan atau dibeli       1.508.569.248                       -                     -   1.508.569.248                     or purchased
          Aset keuangan yang dihentikan
              pengakuannya                  (1.475.241.949)                     -                     -   (1.475.241.949 )    Derecognized financial assets
                                                                                               _______

          Nilai tercatat akhir              2.460.685.265                       -                     -   2.460.685.265          Ending carrying amount




                                                                         86
Page 689
                                                                                          The original financial statements included herein are in the
                                                                                                                                Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                                              PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                                            As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                                      and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                                       (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                                               unless otherwise stated)


7.   EFEK-EFEK (lanjutan)                                                            7. SECURITIES (continued)

     f)   Cadangan kerugian penurunan nilai (lanjutan)                                    f)     Allowance for impairment losses (continued)

          Tabel berikut menyajikan perubahan nilai                                               The following table presents the changes in
          tercatat bruto dan cadangan kerugian                                                   gross carrying amount and allowance for
          ekspektasian berdasarkan kategori instrumen                                            expected losses by financial instrument
          keuangan (lanjutan):                                                                   category (continued):
                                                                 31 Desember/December 31, 2024
                                                                                                _______

                                                                   Stage 2 -
                                                               kerugian kredit           Stage 3 -
                                                                ekspektasian         kerugian kredit
                                                                  sepanjang           ekspektasian
                                                                  umurnya -             sepanjang
                                             Stage 1 -           kredit tidak           umurnya -
                                          kerugian kredit        memburuk/                 kredit
                                           ekspektasian            Stage 2 -           memburuk/
                                             12 bulan/              lifetime             Stage 3 -
                                             Stage 1 -             expected               lifetime
                                            12 months            credit loss -           expected
                                             expected             not credit           credit loss -
                                            credit loss            impaired          credit impaired         Total
                                                                                                 _______

          Efek-efek yang diukur pada
              nilai wajar melalui                                                                                                            Securities measured at
              penghasilan komprehensif                                                                                       fair value through other
              lain                                                                                                                        comprehensive income
          Nilai tercatat awal                1.999.727.021                       -                     -   1.999.727.021                   Beginning carrying amount
          Pengukuran kembali bersih                                                                                                            Net remeasurement of
              nilai tercatat                      (370.953)                      -                     -        (370.953 )                        carrying amount
          Aset keuangan baru yang                                                                                                          New financial asset issued
              diterbitkan atau dibeli        1.082.087.861                       -                     -   1.082.087.861                             or purchased
          Aset keuangan yang dihentikan
              pengakuannya                    (744.774.400 )                     -                     -    (744.774.400 )             Derecognized financial assets
                                                                                                _______

          Nilai tercatat akhir               2.336.669.529                       -                     -   2.336.669.529                   Ending carrying amount




                                                               31 Desember/December 31, 2025
                                                                                                _______

                                                                   Stage 2 -
                                                               kerugian kredit           Stage 3 -
                                                                ekspektasian         kerugian kredit
                                                                  sepanjang           ekspektasian
                                                                  umurnya -             sepanjang
                                             Stage 1 -           kredit tidak           umurnya -
                                          kerugian kredit        memburuk/                 kredit
                                           ekspektasian            Stage 2 -           memburuk/
                                             12 bulan/              lifetime             Stage 3 -
                                             Stage 1 -             expected               lifetime
                                            12 months            credit loss -           expected
                                             expected             not credit           credit loss -
                                            credit loss            impaired          credit impaired         Total
                                                                                                _______

          Efek-efek yang diukur pada
             nilai wajar melalui                                                                                                         Securities measured at
             penghasilan komprehensif                                                                                                fair value through other
             lain                                                                                                                    comprehensive income
          Saldo awal tahun                        248.580                        -                     -        248.580       Balance at the beginning of the year
          Pengukuran kembali bersih                                                                                                         Net remeasurement of
             penyisihan                           (34.311 )                      -                     -        (34.311 )                  allowance for losses
          Aset keuangan baru yang                                                                                                      New financial asset issued
             diterbitkan atau dibeli               94.867                        -                     -         94.867                           or purchased
          Aset keuangan yang dihentikan
             pengakuannya                        (126.663 )                      -                     -       (126.663 )           Derecognized financial assets

          Cadangan atas kerugian kredit                                                                                                    Allowance for ending
            ekspektasian akhir                    182.473                        -                     -        182.473                expected credit losses




                                                                          87
Page 690
                                                                                     The original financial statements included herein are in the
                                                                                                                           Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                                         PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                                      NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                                       As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                                 and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                                  (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                                          unless otherwise stated)


7.   EFEK-EFEK (lanjutan)                                                       7. SECURITIES (continued)

     f)   Cadangan kerugian penurunan nilai (lanjutan)                               f)     Allowance for impairment losses (continued)

          Tabel berikut menyajikan perubahan nilai                                          The following table presents the changes in
          tercatat bruto dan cadangan kerugian                                              gross carrying amount and allowance for
          ekspektasian berdasarkan kategori instrumen                                       expected losses by financial instrument
          keuangan (lanjutan):                                                              category (continued):
                                                              31 Desember/December 31, 2024
                                                                                           _______

                                                                  Stage 2 -
                                                              kerugian kredit       Stage 3 -
                                                               ekspektasian     kerugian kredit
                                                                 sepanjang       ekspektasian
                                                                 umurnya -         sepanjang
                                             Stage 1 -          kredit tidak       umurnya -
                                          kerugian kredit       memburuk/             kredit
                                           ekspektasian           Stage 2 -       memburuk/
                                             12 bulan/             lifetime         Stage 3 -
                                             Stage 1 -            expected           lifetime
                                            12 months           credit loss -       expected
                                             expected            not credit       credit loss -
                                            credit loss           impaired      credit impaired         Total
                                                                                           _______

          Efek-efek yang diukur pada
             nilai wajar melalui                                                                                                  Securities measured at
             penghasilan komprehensif                                                                                         fair value through other
             lain                                                                                                             comprehensive income
          Saldo awal tahun                       326.107                    -                    -         326.107     Balance at the beginning of the year
          Pengukuran kembali bersih                                                                                                  Net remeasurement of
             penyisihan                          (158.871 )                 -                    -        (158.871 )                allowance for losses
          Aset keuangan baru yang                                                                                               New financial asset issued
             diterbitkan atau dibeli               98.370                   -                    -          98.370                         or purchased
          Aset keuangan yang dihentikan
             pengakuannya                        (17.026)                   -                    -         (17.026 )         Derecognized financial assets

          Cadangan atas kerugian kredit                                                                                            Allowance for ending
            ekspektasian akhir                   248.580                    -                    -         248.580             expected credit losses



                                                              31 Desember/December 31, 2025
                                                                                           _______

                                                                  Stage 2 -
                                                              kerugian kredit       Stage 3 -
                                                               ekspektasian     kerugian kredit
                                                                 sepanjang       ekspektasian
                                                                 umurnya -         sepanjang
                                             Stage 1 -          kredit tidak       umurnya -
                                          kerugian kredit       memburuk/             kredit
                                           ekspektasian           Stage 2 -       memburuk/
                                             12 bulan/             lifetime         Stage 3 -
                                             Stage 1 -            expected           lifetime
                                            12 months           credit loss -       expected
                                             expected            not credit       credit loss -
                                            credit loss           impaired      credit impaired         Total
                                                                                           _______

          Efek-efek yang diukur pada
             biaya perolehan                                                                                                    Securities measured at
             diamortisasi                                                                                                            amortized cost
          Nilai tercatat awal              1.828.736.508                    -                    -   1.828.736.508            Beginning carrying amount
          Pengukuran kembali bersih                                                                                               Net remeasurement of
             nilai tercatat                   (5.633.866)                   -                    -      (5.633.866 )                 carrying amount
          Aset keuangan baru yang                                                                                             New financial asset issued
             diterbitkan atau dibeli        511.371.857                     -                    -    511.371.857                       or purchased
          Aset keuangan yang dihentikan
             pengakuannya                    (60.000.000)                   -                    -     (60.000.000 )      Derecognized financial assets
                                                                                           _______

          Nilai tercatat akhir             2.274.474.499                    -                    -   2.274.474.499             Ending carrying amount




                                                                         88
Page 691
                                                                                   The original financial statements included herein are in the
                                                                                                                         Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                                       PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                                    NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                                     As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                               and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                                (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                                        unless otherwise stated)


7.   EFEK-EFEK (lanjutan)                                                     7. SECURITIES (continued)

     f)   Cadangan kerugian penurunan nilai (lanjutan)                             f)     Allowance for impairment losses (continued)

          Tabel berikut menyajikan perubahan nilai                                        The following table presents the changes in
          tercatat bruto dan cadangan kerugian                                            gross carrying amount and allowance for
          ekspektasian berdasarkan kategori instrumen                                     expected losses by financial instrument
          keuangan (lanjutan):                                                            category (continued):

                                                            31 Desember/December 31, 2024
                                                                                         _______

                                                                Stage 2 -
                                                            kerugian kredit       Stage 3 -
                                                             ekspektasian     kerugian kredit
                                                               sepanjang       ekspektasian
                                                               umurnya -         sepanjang
                                             Stage 1 -        kredit tidak       umurnya -
                                          kerugian kredit     memburuk/             kredit
                                           ekspektasian         Stage 2 -       memburuk/
                                             12 bulan/           lifetime         Stage 3 -
                                             Stage 1 -          expected           lifetime
                                            12 months         credit loss -       expected
                                             expected          not credit       credit loss -
                                            credit loss         impaired      credit impaired          Total
                                                                                         _______

          Efek-efek yang diukur pada
             biaya perolehan                                                                                                 Securities measured at
             diamortisasi                                                                                                         amortized cost
          Nilai tercatat awal              2.058.003.067                  -                    -   2.058.003.067           Beginning carrying amount
          Pengukuran kembali bersih                                                                                            Net remeasurement of
             nilai tercatat                   (6.997.575)                 -                    -      (6.997.575 )                carrying amount
          Aset keuangan baru yang                                                                                          New financial asset issued
             diterbitkan atau dibeli        165.731.016                   -                    -    165.731.016                      or purchased
          Aset keuangan yang dihentikan
             pengakuannya                   (388.000.000)                 -                    -    (388.000.000 )      Derecognized financial assets
                                                                                         _______

          Nilai tercatat akhir             1.828.736.508                  -                    -   1.828.736.508           Ending carrying amount




                                                            31 Desember/December 31, 2025
                                                                                         _______

                                                                Stage 2 -
                                                            kerugian kredit       Stage 3 -
                                                             ekspektasian     kerugian kredit
                                                               sepanjang       ekspektasian
                                                               umurnya -         sepanjang
                                             Stage 1 -        kredit tidak       umurnya -
                                          kerugian kredit     memburuk/             kredit
                                           ekspektasian         Stage 2 -       memburuk/
                                             12 bulan/           lifetime         Stage 3 -
                                             Stage 1 -          expected           lifetime
                                            12 months         credit loss -       expected
                                             expected          not credit       credit loss -
                                            credit loss         impaired      credit impaired          Total
                                                                                         _______

          Efek-efek yang diukur pada
             biaya perolehan                                                                                               Securities measured at
             diamortisasi                                                                                                         amortized cost
          Saldo awal tahun                       112.054                  -                    -         112.054 Balance at the beginning of the year
          Pengukuran kembali bersih                                                                                           Net remeasurement of
             penyisihan                          (13.016)                 -                    -         (13.016 )           allowance for losses
          Aset keuangan baru yang                                                                                        New financial asset issued
             diterbitkan atau dibeli                    -                 -                    -               -                    or purchased
          Aset keuangan yang dihentikan
             pengakuannya                               -                 -                    -                -       Derecognized financial assets
                                                                                         _______

          Cadangan atas kerugian kredit                                                                                      Allowance for ending
            ekspektasian akhir                    99.038                  -                    -          99.038          expected credit losses




                                                                       89
Page 692
                                                                                                 The original financial statements included herein are in the
                                                                                                                                       Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                                                     PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                                                  NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                                                   As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                                             and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                                              (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                                                      unless otherwise stated)


7.   EFEK-EFEK (lanjutan)                                                                   7. SECURITIES (continued)
     f)    Cadangan kerugian penurunan nilai (lanjutan)                                          f)       Allowance for impairment losses (continued)
           Tabel berikut menyajikan perubahan nilai                                                       The following table presents the changes in
           tercatat bruto dan cadangan kerugian                                                           gross carrying amount and allowance for
           ekspektasian berdasarkan kategori instrumen                                                    expected losses by financial instrument
           keuangan (lanjutan):                                                                           category (continued):
                                                                       31 Desember/December 31, 2024
                                                                                                       _______

                                                                          Stage 2 -
                                                                      kerugian kredit           Stage 3 -
                                                                       ekspektasian         kerugian kredit
                                                                         sepanjang           ekspektasian
                                                                         umurnya -             sepanjang
                                                     Stage 1 -          kredit tidak           umurnya -
                                                  kerugian kredit       memburuk/                 kredit
                                                   ekspektasian           Stage 2 -           memburuk/
                                                     12 bulan/             lifetime             Stage 3 -
                                                     Stage 1 -            expected               lifetime
                                                    12 months           credit loss -           expected
                                                     expected            not credit           credit loss -
                                                    credit loss           impaired          credit impaired             Total
                                                                                                       _______

           Efek-efek yang diukur pada
              biaya perolehan                                                                                                                Securities measured at
              diamortisasi                                                                                                                          amortized cost
           Saldo awal tahun                                 618.954                 -                        -             618.954 Balance at the beginning of the year
           Pengukuran kembali bersih                                                                                                            Net remeasurement of
              penyisihan                                (398.688)                       -                        -        (398.688 )           allowance for losses
           Aset keuangan baru yang                                                                                                         New financial asset issued
              diterbitkan atau dibeli                        87.301                 -                            -          87.301                    or purchased
           Aset keuangan yang dihentikan
              pengakuannya                              (195.513)                   -                        -            (195.513 )        Derecognized financial assets
                                                                                                       _______

           Cadangan atas kerugian kredit                                                                                                          Allowance for ending
             ekspektasian akhir                             112.054                 -                        -            112.054              expected credit losses


     Manajemen berpendapat bahwa jumlah cadangan                                                 Management believes that the allowance for
     kerugian penurunan nilai telah memadai pada                                                 impairment   losses   is    adequate as of
     tanggal-tanggal 31 Desember 2025 dan 2024.                                                  December 31, 2025 and 2024.
     Tingkat suku bunga rata-rata per tahun untuk efek-                                          The annual average interest rates for securities:
     efek:
                                                               31 Desember/               31 Desember/
                                                             December 31, 2025          December 31, 2024

     Rupiah                                                                6,41%                       6,73%                                                      Rupiah


8.   EFEK-EFEK YANG DIBELI                           DENGAN JANJI                           8. SECURITIES PURCHASED UNDER AGREEMENT
     DIJUAL KEMBALI                                                                            TO RESELL
     Efek-efek yang dibeli dengan janji dijual kembali                                           Securities purchased under agreement to resell as
     pada tanggal 31 Desember 2024:                                                              of December 31, 2024:
                                                                                        31 Desember/December 31, 2024
                                           Tingkat suku
                                         bunga per tahun/
                                          Annual interest                               Tanggal jual                                     Nilai jual
                                               rate              Tanggal beli/            kembali/              Nilai beli/              kembali/         Nilai tercatat/
                                               (%)              Purchase date           Resell date         Purchase amount            Resell amount      Carrying value
     Pihak ketiga/Third Parties
     Rupiah
        Bank Indonesia
           Obligasi Pemerintah/
              Government bonds
                                                                   31 Desember/              7 Januari/
           VR0034                                     6,00     December 31, 2024        January 7, 2025              197.775.620           198.006.358         197.808.583
     Total                                                                                                           197.775.620           198.006.358         197.808.583
     Cadangan kerugian penurunan
        nilai/Allowance for impairment
        losses                                                                                                                                                              -

     Neto/Net                                                                                                                                                  197.808.583



                                                                                   90
Page 693
                                                                                  The original financial statements included herein are in the
                                                                                                                        Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                                   PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                                 As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                           and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                            (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                                    unless otherwise stated)


8.   EFEK-EFEK YANG DIBELI                  DENGAN JANJI                     8. SECURITIES PURCHASED UNDER AGREEMENT
     DIJUAL KEMBALI (lanjutan)                                                  TO RESELL (continued)

     Bank melakukan penilaian cadangan kerugian                                   The Bank assessed allowance for impairment losses
     penurunan nilai atas efek-efek yang dibeli dengan                            on securities purchased under agreement to resell
     janji dijual kembali secara kolektif dengan                                  collectively based on whether an objective evidence
     mempertimbangkan       adanya     bukti    objektif                          of impairment exists.
     penurunan nilai.

     Tabel berikut menyajikan perubahan nilai tercatat                            The following table presents the changes in gross
     bruto berdasarkan kategori instrumen keuangan:                               carrying amount by financial instrument category:

                                                           31 Desember/December 31, 2025
                                                                                       _______

                                                               Stage 2 -
                                                           kerugian kredit       Stage 3 -
                                                            ekspektasian     kerugian kredit
                                                              sepanjang       ekspektasian
                                                              umurnya -         sepanjang
                                            Stage 1 -        kredit tidak       umurnya -
                                         kerugian kredit     memburuk/             kredit
                                          ekspektasian         Stage 2 -       memburuk/
                                            12 bulan/           lifetime         Stage 3 -
                                            Stage 1 -          expected           lifetime
                                           12 months         credit loss -       expected
                                            expected          not credit       credit loss -
                                           credit loss         impaired      credit impaired        Total
                                                                                       _______

         Nilai tercatat awal               197.808.583                   -                   -   197.808.583         Beginning carrying amount
         Aset keuangan baru yang                                                                                     New financial asset issued
            diterbitkan atau dibeli          19.584.999                  -                   -    19.584.999                   or purchased
         Aset keuangan yang dihentikan
            pengakuannya                   (217.393.582)                 -                   -   (217.393.582 )   Derecognized financial assets
                                                                                       _______

         Nilai tercatat akhir                          -                 -                   -               -        Ending carrying amount




                                                           31 Desember/December 31, 2024
                                                                                       _______

                                                               Stage 2 -
                                                           kerugian kredit       Stage 3 -
                                                            ekspektasian     kerugian kredit
                                                              sepanjang       ekspektasian
                                                              umurnya -         sepanjang
                                            Stage 1 -        kredit tidak       umurnya -
                                         kerugian kredit     memburuk/             kredit
                                          ekspektasian         Stage 2 -       memburuk/
                                            12 bulan/           lifetime         Stage 3 -
                                            Stage 1 -          expected           lifetime
                                           12 months         credit loss -       expected
                                            expected          not credit       credit loss -
                                           credit loss         impaired      credit impaired        Total
                                                                                       _______

         Nilai tercatat awal               245.055.656                   -                   -   245.055.656         Beginning carrying amount
         Aset keuangan baru yang                                                                                     New financial asset issued
            diterbitkan atau dibeli        244.529.281                   -                   -   244.529.281                   or purchased
         Aset keuangan yang dihentikan
            pengakuannya                   (291.776.354)                 -                   -   (291.776.354 )   Derecognized financial assets
                                                                                       _______

         Nilai tercatat akhir              197.808.583                   -                   -   197.808.583          Ending carrying amount


     Manajemen berpendapat bahwa jumlah cadangan                                  Management believes that the allowance for
     kerugian penurunan nilai tidak diperlukan pada                               impairment losses is not necessary as of
     tanggal 31 Desember 2024, karena manajemen                                   December 31, 2024, because management believes
     berkeyakinan bahwa efek-efek yang dibeli dengan                              that securities purchased under agreement to resell
     janji dijual kembali dapat dipulihkan secara penuh.                          are fully recoverable.




                                                                      91
Page 694
                                                                           The original financial statements included herein are in the
                                                                                                                 Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                           PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                         As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                   and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                    (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                            unless otherwise stated)


9.   KREDIT YANG DIBERIKAN                                             9. LOANS

     a)   Berdasarkan mata uang dan jenis                                  a)   By currency and type

                                                31 Desember/          31 Desember/
                                              December 31, 2025     December 31, 2024

          Pihak ketiga                                                                                                 Third parties
          Rupiah                                                                                                             Rupiah
            Modal kerja                          2.435.370.794         1.902.736.186                                Working capital
            Investasi                            2.183.561.673         2.151.638.776                                   Investment
            Konsumsi                             1.314.376.745         1.206.229.120                                    Consumer
            Sindikasi                              416.858.808           338.129.892                                   Syndicated
            Program                                245.561.757           291.282.602                                     Programs
                                                 6.595.729.777         5.890.016.576


          Pihak berelasi (Catatan 33)                                                                      Related parties (Note 33)
          Rupiah                                                                                                             Rupiah
            Sindikasi                              589.926.255           567.754.816                                   Syndicated
            Investasi                              322.978.307           401.472.518                                   Investment
            Modal kerja                            204.851.328           264.793.350                               Working capital
            Konsumsi                                 1.837.776             1.913.428                                    Consumer
                                                 1.119.593.666         1.235.934.112

          Total                                   7.715.323.443         7.125.950.688                                           Total
          Cadangan kerugian penurunan nilai      (1.442.219.440)       (1.046.214.325)               Allowance for impairment losses
          Neto                                   6.273.104.003         6.079.736.363                                               Net



     b)   Berdasarkan sektor ekonomi                                       b)   By economic sector

                                                31 Desember/          31 Desember/
                                              December 31, 2025     December 31, 2024
          Pihak ketiga                                                                                                   Third parties
          Rupiah                                                                                                                Rupiah
            Pertanian                            2.066.212.173         1.966.769.619                                      Agriculture
            Jasa dunia usaha                     1.381.346.689           830.384.201                              Business services
            Perindustrian                          670.942.560           785.886.286                                   Manufacturing
            Perdagangan                            637.946.716           696.632.520                                          Trading
            Konstruksi                             391.644.370           301.636.058                                    Construction
            Jasa pelayanan sosial                   16.632.496            22.790.840                                  Social services
            Pengangkutan                            14.908.580            16.936.529                                  Transportation
            Listrik, gas dan air                     5.834.644             9.882.496                      Electricity, gas and water
            Pertambangan                             4.745.539             9.672.709                                           Mining
            Lain-lain                            1.405.516.010         1.249.425.318                                           Others
                                                 6.595.729.777         5.890.016.576
          Pihak berelasi (Catatan 33)                                                                      Related parties (Note 33)
          Rupiah                                                                                                             Rupiah
            Konstruksi                             651.554.743           691.065.991                                 Construction
            Pertanian                              464.503.802           464.735.017                                   Agriculture
            Perdagangan                              1.200.000                     -                                      Trading
            Jasa dunia usaha                           497.344            78.219.676                            Business services
            Lain-lain                                1.837.777             1.913.428                                       Others
                                                 1.119.593.666         1.235.934.112
          Total                                   7.715.323.443         7.125.950.688                                           Total
          Cadangan kerugian penurunan nilai      (1.442.219.440)       (1.046.214.325)               Allowance for impairment losses
          Neto                                   6.273.104.003         6.079.736.363                                               Net




                                                               92
Page 695
                                                                           The original financial statements included herein are in the
                                                                                                                 Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                           PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                         As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                   and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                    (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                            unless otherwise stated)


9.   KREDIT YANG DIBERIKAN (lanjutan)                                  9. LOANS (continued)

     c)   Berdasarkan sisa umur jatuh tempo                                c)   By remaining period to maturity

          Klasifikasi jangka waktu kredit yang diberikan                        The classification of loans based on the
          berdasarkan sisa umur sampai dengan jatuh                             remaining period to maturity are as follows:
          temponya adalah sebagai berikut:

                                                31 Desember/          31 Desember/
                                              December 31, 2025     December 31, 2024

          Pihak ketiga                                                                                                  Third parties
          Rupiah                                                                                                               Rupiah
            ≤ 1 bulan                            1.413.366.905           926.510.843                                     ≤ 1 month
            > 1 bulan - 3 bulan                     98.989.628           125.911.167                          > 1 month - 3 months
            > 3 bulan - 1 tahun                  1.643.655.979         1.016.016.257                            > 3 months - 1 year
            > 1 tahun - 2 tahun                    789.114.233         1.133.480.666                              > 1 year - 2 years
            > 2 tahun - 5 tahun                    690.214.645           943.099.496                             > 2 years - 5 years
            > 5 tahun                            1.960.388.387         1.744.998.147                                      > 5 years
                                                 6.595.729.777         5.890.016.576

          Pihak berelasi (Catatan 33)                                                                      Related parties (Note 33)
          Rupiah                                                                                                              Rupiah
            ≤ 1 bulan                                        -                 2.334                                    ≤ 1 month
            > 1 bulan - 3 bulan                          5.795            12.947.695                         > 1 month - 3 months
            > 3 bulan - 1 tahun                    207.235.287           269.866.736                           > 6 months - 1 year
            > 1 tahun - 2 tahun                         43.175             3.817.252                             > 1 year - 2 years
            > 2 tahun - 5 tahun                     61.479.835            79.999.850                            > 2 years - 5 years
            > 5 tahun                              850.829.574           869.300.245                                     > 5 years

                                                 1.119.593.666         1.235.934.112
          Total                                   7.715.323.443         7.125.950.688                                           Total
          Cadangan kerugian penurunan nilai      (1.442.219.440)       (1.046.214.325)               Allowance for impairment losses

          Neto                                   6.273.104.003         6.079.736.363                                               Net


     d)   Informasi penting lainnya                                        d)   Other significant information

          1)     Kredit Berdasarkan segmen operasi:                             1)   Loans based on operating segments:

                                                31 Desember/          31 Desember/
                                              December 31, 2025     December 31, 2024
          Pihak ketiga                                                                                                    Third parties
          Rupiah                                                                                                                Rupiah
             Menengah                            2.679.687.900         2.552.355.219                                          Middle
             Ritel                               1.404.071.791         1.287.254.249                                           Retail
             Konsumer                            1.314.376.745         1.201.277.964                                      Consumer
             Mikro                               1.197.593.341           849.129.144                                           Micro

                                                 6.595.729.777         5.890.016.576




                                                               93
Page 696
                                                                             The original financial statements included herein are in the
                                                                                                                   Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                             PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                           As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                     and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                      (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                              unless otherwise stated)


9.   KREDIT YANG DIBERIKAN (lanjutan)                                    9. LOANS (continued)

     d)   Informasi penting lainnya (lanjutan)                               d)   Other significant information (continued)

          1)     Kredit Berdasarkan       segmen      operasi                     1)   Loans based on operating segments
                 (lanjutan):                                                           (continued):

                                                 31 Desember/           31 Desember/
                                               December 31, 2025      December 31, 2024

          Pihak berelasi (Catatan 33)                                                                        Related parties (Note 33)
          Rupiah                                                                                                               Rupiah
            Menengah                               1.115.058.546         1.233.020.685                                        Middle
            Ritel                                      2.697.344             1.000.000                                        Retail
            Konsumer                                   1.837.776             1.913.427                                    Consumer
                                                   1.119.593.666         1.235.934.112

          Total                                    7.715.323.443          7.125.950.688                                           Total
          Cadangan kerugian penurunan nilai       (1.442.219.440)        (1.046.214.325)               Allowance for impairment losses
          Neto                                     6.273.104.003         6.079.736.363                                               Net


          2)     Kredit yang diberikan pada umumnya                               2)   The loans are generally collateralized by
                 dijamin dengan agunan yang diikat dengan                              registered mortgages, powers of attorneys
                 hak tanggungan, surat kuasa untuk                                     to sell, demand deposits, saving deposits,
                 menjual, giro, tabungan, deposito atau                                time deposits or by other guarantees
                 jaminan lain yang umumnya diterima oleh                               generally accepted by banks (Notes 15, 16
                 perbankan (Catatan 15, 16 dan 17).                                    and 17).

          3)     Kredit modal kerja dan investasi diberikan                       3)   Working capital and investment loans
                 kepada debitur untuk memenuhi kebutuhan                               consist of loans to customers for working
                 modal kerja dan barang-barang modalnya.                               capital requirements and capital goods.

          4)     Kredit konsumsi terdiri dari kredit pemilikan                    4)   Consumer loans consist of housing,
                 rumah, kredit kendaraan bermotor dan                                  vehicles and other personal loans.
                 kredit perorangan lainnya.

          5)     Kredit program merupakan kredit yang                             5)   Program loans consist of loan facilities
                 disalurkan Bank berdasarkan arahan dari                               channeled through the Bank based on the
                 Pemerintah dalam rangka mendukung                                     guidelines from the Government to support
                 pembangunan di Indonesia khususnya                                    the development of Indonesia’s small scale
                 pengembangan usaha kecil, usaha                                       industry, middle scale industry and
                 menengah dan koperasi.                                                cooperative units.

          6)     Kredit yang diberikan Bank kepada pihak                          6)   The loans granted by the Bank to related
                 berelasi disajikan pada Catatan 33.                                   parties are presented in Note 33.




                                                                 94
Page 697
                                                                                   The original financial statements included herein are in the
                                                                                                                         Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                                    PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                                  As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                            and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                             (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                                     unless otherwise stated)


9.   KREDIT YANG DIBERIKAN (lanjutan)                                         9. LOANS (continued)
     d)   Informasi penting lainnya (lanjutan)                                     d)    Other significant information (continued)
          Tabel berikut menyajikan perubahan nilai                                       The following table presents the changes in
          tercatat bruto dan cadangan kerugian                                           gross carrying amount and allowance for
          ekspektasian berdasarkan kategori instrumen                                    expected losses by financial instrument
          keuangan:                                                                      category:
                                                            31 Desember/December 31, 2025
                                                                                        _______

                                                                Stage 2 -
                                                            kerugian kredit       Stage 3 -
                                                             ekspektasian     kerugian kredit
                                                               sepanjang       ekspektasian
                                                               umurnya -         sepanjang
                                             Stage 1 -        kredit tidak       umurnya -
                                          kerugian kredit     memburuk/             kredit
                                           ekspektasian         Stage 2 -       memburuk/
                                             12 bulan/           lifetime         Stage 3 -
                                             Stage 1 -          expected           lifetime
                                            12 months         credit loss -       expected
                                             expected          not credit       credit loss -
                                            credit loss         impaired      credit impaired          Total
                                                                                        _______

          Nilai tercatat awal             4.912.878.308     1.983.369.586       229.702.794        7.125.950.688          Beginning carrying amount
          Pengalihan ke                                                                                                                   Transfer to
             Stage 1                         40.416.240        (39.225.027)      (1.191.213)                    -                         Stage 1
             Stage 2                         53.490.296       (230.401.388)     176.911.092                     -                         Stage 2
             Stage 3                        (53.164.983)       (56.126.970)     109.291.953                     -                         Stage 3
          Pengukuran kembali bersih                                                                                           Net remeasurement of
             nilai tercatat              (1.206.568.934)      (531.353.332)     906.905.026         (831.017.240 )               carrying amount
          Aset keuangan baru yang                                                                                         New financial asset issued
             diterbitkan atau dibeli    12.975.596.412          30.338.548         2.327.460      13.008.262.420                    or purchased
          Aset keuangan yang dihentikan
             pengakuannya               (11.166.173.220)       (83.666.248)     (180.570.280) (11.430.409.748)          Derecognized financial assets
          Penghapusbukuan                             -                  -      (157.462.677)    (157.462.677)                              Write-off
          Perubahan model atau                                                                                                 Changes in models or
             parameter valuta asing dan                                                                              foreign exchange parameters
             perubahan lain                           -                   -                   -                 -               and other changes
                                                                                        _______

          Nilai tercatat akhir             5.556.474.119    1.072.935.169      1.085.914.155       7.715.323.443           Ending carrying amount




                                                            31 Desember/December 31, 2024
                                                                                        _______

                                                                Stage 2 -
                                                            kerugian kredit       Stage 3 -
                                                             ekspektasian     kerugian kredit
                                                               sepanjang       ekspektasian
                                                               umurnya -         sepanjang
                                             Stage 1 -        kredit tidak       umurnya -
                                          kerugian kredit     memburuk/             kredit
                                           ekspektasian         Stage 2 -       memburuk/
                                             12 bulan/           lifetime         Stage 3 -
                                             Stage 1 -          expected           lifetime
                                            12 months         credit loss -       expected
                                             expected          not credit       credit loss -
                                            credit loss         impaired      credit impaired          Total
                                                                                        _______

          Nilai tercatat awal              5.187.916.837    1.401.955.800       303.458.746        6.893.331.383          Beginning carrying amount
          Pengalihan ke                                                                                                                   Transfer to
             Stage 1                           5.557.860       (3.555.405)       (2.002.455)                    -                         Stage 1
             Stage 2                        (250.938.627)     252.492.355        (1.553.728)                    -                         Stage 2
             Stage 3                         (48.466.200)     (54.661.335)      103.127.535                     -                         Stage 3
          Pengukuran kembali bersih                                                                                           Net remeasurement of
             nilai tercatat               (1.270.462.215)     424.271.935       373.244.829         (472.945.451 )               carrying amount
          Aset keuangan baru yang                                                                                         New financial asset issued
             diterbitkan atau dibeli       9.695.260.910        34.543.671        23.220.634       9.753.025.215                    or purchased
          Aset keuangan yang dihentikan
             pengakuannya                 (8.412.774.256)      (71.677.435)     (301.162.185)     (8.785.613.876 )      Derecognized financial assets
          Penghapusbukuan                              -                 -      (268.630.582)       (268.630.582 )                          Write-off
          Perubahan model atau                                                                                                 Changes in models or
             parameter valuta asing dan                                                                              foreign exchange parameters
             perubahan lain                    6.783.999                  -                   -        6.783.999                and other changes
                                                                                        _______

          Nilai tercatat akhir             4.912.878.308    1.983.369.586       229.702.794        7.125.950.688           Ending carrying amount



                                                                       95
Page 698
                                                                                      The original financial statements included herein are in the
                                                                                                                            Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                                       PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                                    NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                                     As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                               and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                                (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                                        unless otherwise stated)


9.   KREDIT YANG DIBERIKAN (lanjutan)                                            9. LOANS (continued)

     d)   Informasi penting lainnya (lanjutan)                                        d)    Other significant information (continued)

          Tabel berikut menyajikan perubahan nilai                                          The following table presents the changes in
          tercatat bruto dan cadangan kerugian                                              gross carrying amount and allowance for
          ekspektasian berdasarkan kategori instrumen                                       expected losses by financial instrument
          keuangan (lanjutan):                                                              category (continued):

                                                              31 Desember/December 31, 2025
                                                                                           _______

                                                                  Stage 2 -
                                                              kerugian kredit        Stage 3 -
                                                               ekspektasian      kerugian kredit
                                                                 sepanjang        ekspektasian
                                                                 umurnya -          sepanjang
                                             Stage 1 -          kredit tidak        umurnya -
                                          kerugian kredit       memburuk/              kredit
                                           ekspektasian           Stage 2 -        memburuk/
                                             12 bulan/             lifetime          Stage 3 -
                                             Stage 1 -            expected            lifetime
                                            12 months           credit loss -        expected
                                             expected            not credit        credit loss -
                                            credit loss           impaired       credit impaired        Total
                                                                                           _______

          Saldo awal tahun                     33.514.447        868.291.526        144.408.352      1.046.214.325     Balance at the beginning of the year
          Pengalihan ke                                                                                                                         Transfer to
             Stage 1                            1.168.311            (350.727)          (817.584)                 -                             Stage 1
             Stage 2                            1.067.225         (74.124.657)        73.057.432                  -                             Stage 2
             Stage 3                           (1.281.925 )        (7.855.934)         9.137.859                  -                             Stage 3
          Pengukuran kembali bersih                                                                                                  Net remeasurement of
             penyisihan                       (11.314.060 )      (363.340.150)      954.225.036       579.570.826                   allowance for losses
          Aset keuangan baru yang                                                                                               New financial asset issued
             diterbitkan atau dibeli           33.091.632           5.201.615          1.624.652       39.917.899                          or purchased
          Aset keuangan yang dihentikan
             pengakuannya                     (20.668.610 )       (11.287.467)       (34.064.856)      (66.020.933)          Derecognized financial assets
          Penghapusbukuan                               -                   -       (157.462.677)     (157.462.677 )                             Write-off

          Cadangan atas kerugian kredit                                                                                            Ending allowance for
            ekspektasian akhir                 35.577.020        416.534.206        990.108.214      1.442.219.440             expected credit losses




                                                              31 Desember/December 31, 2024
                                                                                           _______

                                                                  Stage 2 -
                                                              kerugian kredit        Stage 3 -
                                                               ekspektasian      kerugian kredit
                                                                 sepanjang        ekspektasian
                                                                 umurnya -          sepanjang
                                             Stage 1 -          kredit tidak        umurnya -
                                          kerugian kredit       memburuk/              kredit
                                           ekspektasian           Stage 2 -        memburuk/
                                             12 bulan/             lifetime          Stage 3 -
                                             Stage 1 -            expected            lifetime
                                            12 months           credit loss -        expected
                                             expected            not credit        credit loss -
                                            credit loss           impaired       credit impaired        Total
                                                                                           _______

          Saldo awal tahun                   254.719.343         444.360.516        199.580.675       898.660.534      Balance at the beginning of the year
          Pengalihan ke                                                                                                                         Transfer to
             Stage 1                            1.379.646           (241.785)         (1.137.861)                 -                             Stage 1
             Stage 2                         (127.019.568 )      128.058.936          (1.039.368)                 -                             Stage 2
             Stage 3                             (843.625 )       (5.171.280)          6.014.905                  -                             Stage 3
          Pengukuran kembali bersih                                                                                                  Net remeasurement of
             penyisihan                       (14.342.233 )      312.194.292        390.250.824       688.102.883                   allowance for losses
          Aset keuangan baru yang                                                                                               New financial asset issued
             diterbitkan atau dibeli           16.143.780           2.374.403         17.092.090       35.610.273                          or purchased
          Aset keuangan yang dihentikan
             pengakuannya                     (99.633.269 )       (13.283.556)      (197.722.331)     (310.639.156 )         Derecognized financial assets
          Penghapusbukuan                               -                   -       (268.630.582)     (268.630.582 )                             Write-off
          Perubahan model atau                                                                                               Changes in foreign exchange
             parameter valuta asing dan                                                                                          models or parameters
             perubahan lain                     3.110.373                   -                    -       3.110.373                  and other changes

          Cadangan atas kerugian kredit                                                                                            Ending allowance for
            ekspektasian akhir                 33.514.447        868.291.526        144.408.352      1.046.214.325             expected credit losses




                                                                         96
Page 699
                                                                               The original financial statements included herein are in the
                                                                                                                     Indonesian language.

          PT BANK RAYA INDONESIA Tbk                                                 PT BANK RAYA INDONESIA Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                               As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                         and for the Year Then Ended
           (Disajikan dalam ribuan Rupiah,                                          (Expressed in thousands of Rupiah,
               kecuali dinyatakan lain)                                                  unless otherwise stated)


9.   KREDIT YANG DIBERIKAN (lanjutan)                                      9. LOANS (continued)

     d)      Informasi penting lainnya (lanjutan)                              d)    Other significant information (continued)

             Manajemen berpendapat bahwa jumlah                                      Management believes that the allowance for
             cadangan kerugian penurunan nilai yang                                  impairment losses provided as of December 31,
             dibentuk pada tanggal 31 Desember 2025 dan                              2025 and 2024 are adequate.
             2024 telah memadai.

             Pada tanggal 31 Desember 2025 dan 2024,                                 As of December 31, 2025 and 2024, there are
             tidak terdapat kredit yang diberikan yang                               no loans that were transferred and/or used as
             dialihkan dan/atau digunakan sebagai jaminan                            collateral for debts.
             atas utang.

             Tingkat suku bunga rata-rata per tahun untuk                            The average annual interest rates for loans:
             kredit yang diberikan:

                                                 31 Desember/             31 Desember/
                                               December 31, 2025        December 31, 2024
             Suku bunga kontraktual                       12,74%                    11,71%                        Contractual interest rate
             Suku bunga efektif                           14,57%                    12,51%                          Effective interest rate

10. PENYERTAAN SAHAM                                                       10. INVESTMENT IN SHARES OF STOCKS

     Rincian penyertaan saham adalah sebagai berikut:                          The details of investment in shares of stocks are as
                                                                               follows:
                                                      31 Desember/December 31, 2025

                                              Jenis usaha/     Pemilikan/            Nilai Tercatat/
                 Nama Perusahaan             Business type     Ownership            Carrying amount             Company Name
     PT BPR Cinta Manis Agroloka                 Bank                     1,75%              35.010            PT BPR Cinta Manis Agroloka
     PT BPR Bungamayang Agroloka                 Bank                     1,12%              22.500          PT BPR Bungamayang Agroloka
     PT Aplikanusa Lintasarta                  Non-bank                   0,23%              20.000                PT Aplikanusa Lintasarta

     Total                                                                                   77.510                                   Total


                                                      31 Desember/December 31, 2024

                                              Jenis usaha/     Pemilikan/            Nilai Tercatat/
                 Nama Perusahaan             Business type     Ownership            Carrying amount             Company Name
     PT BPR Cinta Manis Agroloka                 Bank                     1,75%              35.010            PT BPR Cinta Manis Agroloka
     PT BPR Bungamayang Agroloka                 Bank                     1,12%              22.500          PT BPR Bungamayang Agroloka
     PT Aplikanusa Lintasarta                  Non-bank                   0,23%              20.000                PT Aplikanusa Lintasarta

     Total                                                                                   77.510                                   Total


     Untuk tahun yang berakhir pada tanggal                                    For the year ended December 31, 2025, the Bank
     31 Desember 2025, Bank telah menerima dividen                             received cash dividend from PT BPR Bungamayang
     tunai dari PT BPR Bungamayang Agroloka dan PT                             Agroloka and PT BPR Cintamanis Agroloka
     BPR Cintamanis Agroloka, masing-masing sebesar                            amounting to Rp8,052, Rp7,982 respectively,
     Rp8.052 dan Rp7.982, sedangkan untuk tahun yang                           whereas for the year ended December 31, 2024, the
     berakhir pada tanggal 31 Desember 2024, Bank                              Bank      received      cash    dividend    from
     telah      menerima    dividen    tunai     dari                          PT Aplikanusa Lintasarta, PT BPR Cintamanis
     PT Aplikanusa Lintasarta, PT BPR Cintamanis                               Agroloka and PT BPR Bungamayang Agroloka
     Agroloka dan PT BPR Bungamayang Agroloka, dan                             amounting to Rp14,525, Rp6,695 and Rp5,191,
     masing-masing sebesar Rp14.525, Rp6.695, dan                              respectively.
     Rp5.191

     Manajemen berpendapat bahwa cadangan kerugian                             Management believes that the allowance for
     penurunan nilai tidak diperlukan pada tanggal-                            impairment losses is not necessary as of
     tanggal 31 Desember 2025 dan 2024.                                        December 31, 2025 and 2024.



                                                                   97
Page 700
                                                                                    The original financial statements included herein are in the
                                                                                                                          Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                         PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                                      NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                       As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                                 and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                                  (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                          unless otherwise stated)


11. ASET TETAP, ASET HAK GUNA DAN ASET TAK                                    11. PREMISES AND EQUIPMENTS, RIGHT-OF-USE
    BERWUJUD                                                                      ASSETS AND INTANGIBLE ASSETS

   Aset tetap dan aset hak guna                                                     Premises and equipments and right-of-use assets

   Aset tetap terdiri atas:                                                         Premises and equipments consist of:
                                                            31 Desember/December 31, 2025

                                Saldo Awal/                                                                      Saldo Akhir/
                                 Beginning       Penambahan/         Pengurangan/         Reklasifikasi/           Ending
                                  Balance         Additions            Disposals         Reclassifications         Balance

   Biaya perolehan                                                                                                                      Acquisition cost
   Hak atas tanah                  154.559.803                 -                   -                     -          154.559.803                 Landrights
   Bangunan                        104.947.171                 -                 605                69.389          105.015.955                  Buildings
   Renovasi bangunan                                                                                                                     Office leasehold
      sewa                          65.835.466            60.519                  452           11.237.576           77.133.109         improvements
   Kendaraan                        19.873.293         1.793.682            1.790.141                     -          19.876.834                   Vehicles
   Perlengkapan kantor             144.815.014         5.513.496            2.695.573            1.543.648          149.176.585          Office equipment
   Aset dalam penyelesaian             598.500        12.343.688                    -          (12.850.613)              91.575   Construction in progress

                                   490.629.247        19.711.385            4.486.771                        -      505.853.861
   Aset hak guna                    78.463.553         3.055.556            2.328.889                        -       79.190.220       Right-of-use assets

                                   569.092.800        22.766.941            6.815.660                        -      585.044.081

   Akumulasi                                                                                                                                Accumulated
      penyusutan                                                                                                                         depreciation
   Bangunan                         36.125.615         4.018.123                 605                      -          40.143.133                  Buildings
   Renovasi bangunan                                                                                                                     Office leasehold
      sewa                          35.034.500        12.507.124                  452                     -          47.541.172         improvements
   Kendaraan                        16.095.037         1.430.470            1.790.141                     -          15.735.366                   Vehicles
   Perlengkapan kantor              89.045.892        20.524.052            2.680.470                     -         106.889.474          Office equipment

                                   176.301.044        38.479.769            4.471.668                     -         210.309.145
   Aset hak guna                    36.920.839        15.900.224            2.328.889                     -          50.492.174       Right-of-use assets

                                   213.221.883        54.379.993            6.800.557                     -         260.801.319

   Nilai buku neto                 355.870.917                                                                      324.242.762           Net book value



                                                            31 Desember/December 31, 2024

                                Saldo Awal/                                                                      Saldo Akhir/
                                 Beginning       Penambahan/         Pengurangan/         Reklasifikasi/           Ending
                                  Balance         Additions           Disposals*)        Reclassifications         Balance

   Biaya perolehan                                                                                                                      Acquisition cost
   Hak atas tanah                  154.559.803                 -                    -                    -          154.559.803                 Landrights
   Bangunan                        102.615.294         1.156.031                    -            1.175.846          104.947.171                  Buildings
   Renovasi bangunan                                                                                                                     Office leasehold
      sewa                          70.999.640         2.583.779           10.537.102             2.789.149          65.835.466         improvements
   Kendaraan                        18.687.574         1.761.044              575.325                      -         19.873.293                   Vehicles
   Perlengkapan kantor             132.701.784        15.505.802            4.157.577               765.005         144.815.014          Office equipment
   Aset dalam penyelesaian              60.000         5.268.500                    -            (4.730.000)            598.500   Construction in progress

                                   479.624.095        26.275.156           15.270.004                        -      490.629.247
   Aset hak guna                    79.608.097         9.068.067           10.212.611                        -       78.463.553       Right-of-use assets

                                   559.232.192        35.343.223           25.482.615                        -      569.092.800

   Akumulasi                                                                                                                                Accumulated
      penyusutan                                                                                                                         depreciation
   Bangunan                         32.155.048         3.970.567                    -                     -          36.125.615                  Buildings
   Renovasi bangunan                                                                                                                     Office leasehold
      sewa                          27.943.682        12.689.873            5.599.055                     -          35.034.500         improvements
   Kendaraan                        15.490.449         1.179.913              575.325                     -          16.095.037                   Vehicles
   Perlengkapan kantor              73.589.179        18.811.268            3.354.555                     -          89.045.892          Office equipment

                                   149.178.358        36.651.621            9.528.935                     -         176.301.044
   Aset hak guna                    24.764.121        16.188.915            4.032.197                     -          36.920.839       Right-of-use assets

                                   173.942.479        52.840.536           13.561.132                     -         213.221.883

   Nilai buku neto                 385.289.713                                                                      355.870.917           Net book value


   *)                                                                               *) In 2024, there was modification of right-of-use assets amounted
        Pada tahun 2024, terdapat modifikasi aset hak guna sebesar
        Rp6.180.414 (Catatan 38).                                                       to Rp6,180,414 (Note 38).




                                                                      98
Page 701
                                                                             The original financial statements included herein are in the
                                                                                                                   Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                              As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                        and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                         (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                 unless otherwise stated)


11. ASET TETAP, ASET HAK GUNA DAN ASET TAK                               11. PREMISES AND EQUIPMENTS, RIGHT-OF-USE
    BERWUJUD (lanjutan)                                                      ASSETS AND INTANGIBLE ASSETS (continued)

   Aset tetap dan aset hak guna (lanjutan)                                   Premises and equipments and right-of-use assets
                                                                             (continued)

   Rincian aset hak guna pada tanggal-tanggal                                The details of right-of-use assets as of December 31,
   31 Desember 2025 dan 2024 adalah sebagai                                  2025 and 2024 are as follows:
   berikut:

                                                          31 Desember/December 31, 2025
                                                                                _______

                                        Saldo awal/                                         Saldo akhir/
                                        Beginning        Penambahan/     Pengurangan/         Ending
                                         balance           Additions       Disposals          balance
                                                                                  _______

   Harga perolehan                                                                                                           Acquisition cost
   Bangunan                               75.065.830         3.055.556       2.328.889        75.792.497                            Buildings
   Kendaraan                               3.397.723                 -               -         3.397.723                             Vehicles
                                                                                  _______

                                          78.463.553         3.055.556       2.328.889        79.190.220
                                                                                  _______

   Akumulasi penyusutan                                                                                            Accumulated depreciation
   Bangunan                               35.561.750        15.220.679       2.328.889        48.453.540                          Buildings
   Kendaraan                               1.359.089           679.545               -         2.038.634                           Vehicles
                                                                                  _______

                                          36.920.839        15.900.224       2.328.889        50.492.174
                                                                                  _______

   Nilai buku neto                        41.542.714                                          28.698.046                       Net book value



                                                          31 Desember/December 31, 2024
                                                                                _______

                                        Saldo awal/                                         Saldo akhir/
                                        Beginning        Penambahan/     Pengurangan/         Ending
                                         balance           Additions      Disposals*)         balance
                                                                                  _______

   Harga perolehan                                                                                                           Acquisition cost
   Bangunan                               76.210.374         9.068.067      10.212.611        75.065.830                            Buildings
   Kendaraan                               3.397.723                 -               -         3.397.723                             Vehicles
                                                                                  _______

                                          79.608.097         9.068.067      10.212.611        78.463.553
                                                                                  _______

   Akumulasi penyusutan                                                                                            Accumulated depreciation
   Bangunan                               24.084.575        15.509.372       4.032.197        35.561.750                          Buildings
   Kendaraan                                 679.546           679.543               -         1.359.089                           Vehicles
                                                                                  _______

                                          24.764.121        16.188.915       4.032.197        36.920.839
                                                                                  _______

   Nilai buku neto                        54.843.976                                          41.542.714                       Net book value



   *) Pada tahun 2024, terdapat modifikasi aset hak guna sebesar             *) In 2024, there was modification of right-of-use assets amounted
     Rp6.180.414 (Catatan 38).                                                  to Rp6,180,414 (Note 38).




                                                                   99
Page 702
                                                                        The original financial statements included herein are in the
                                                                                                              Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                           PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                         As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                   and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                    (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                            unless otherwise stated)


11. ASET TETAP, ASET HAK GUNA DAN ASET TAK                        11. PREMISES AND EQUIPMENTS, RIGHT-OF-USE
    BERWUJUD (lanjutan)                                               ASSETS AND INTANGIBLE ASSETS (continued)

   Aset tetap dan aset hak guna (lanjutan)                              Premises and equipments and right-of-use assets
                                                                        (continued)

   Beban aset hak guna yang dilaporkan dalam laporan                    Right-of-use expense that reported in the statements
   laba rugi dan penghasilan komprehensif lain adalah                   of profit or loss and other comprehensive income are
   sebagai berikut:                                                     as follows:
                                              31 Desember/December 31, 2025

                                         Beban penyusutan
                                            aset hak guna/         Beban bunga
                                             Depreciation         liabilitas sewa/
                                              expense of         Interest expense
                                         right-of-use assets     of lease liabilities

         Bangunan                                15.220.679               2.203.902                                      Buildings
         Kendaraan                                  679.545                 115.914                                      Vehicles

         Total                                   15.900.224               2.319.816                                         Total


                                              31 Desember/December 31, 2024

                                         Beban penyusutan
                                            aset hak guna/         Beban bunga
                                             Depreciation         liabilitas sewa/
                                              expense of         Interest expense
                                         right-of-use assets     of lease liabilities

         Bangunan                                15.509.372               3.196.074                                      Buildings
         Kendaraan                                  679.543                 157.249                                      Vehicles

         Total                                   16.188.915               3.353.323                                         Total


   Rata-rata masa sewa berdasarkan kontrak yang                         The average lease period based on the contracts
   dimiliki oleh Bank adalah 5 (lima) tahun.                            held by the Bank is 5 (five) years.

   Bank juga memiliki sewa tertentu dengan masa                         The Bank also has certain leases with lease terms of
   sewa 12 (dua belas) bulan atau kurang dan sewa                       12 (twelve) months or less and leases with low-value
   aset    bernilai   rendah.    Bank    menerapkan                     assets. The Bank applies exemptions for short-term
   pengecualian untuk sewa jangka pendek dan sewa                       leases and leases with low-value assets for these
   aset bernilai rendah untuk sewa tersebut.                            leases.

   Jumlah penyusutan aset tetap yang dibebankan                         Depreciation of premises and equipments charged
   pada laporan laba rugi dan penghasilan                               to the statement of profit or loss and other
   komprehensif lain adalah masing-masing sebesar                       comprehensive income amounted to Rp54,379,993
   Rp54.379.993 dan Rp52.840.536 untuk tahun yang                       and Rp52,840,536 for the years ended
   berakhir pada tanggal 31 Desember 2025 dan 2024                      December 31, 2025 and 2024, respectively (Note
   (Catatan 30).                                                        30).

   Bank telah mengasuransikan aset tetap kecuali hak                    The Bank has insured its premises and equipment
   atas tanah untuk menutup kemungkinan kerugian                        except landrights for possible losses due to risks of
   terhadap risiko kebakaran dan pencurian kepada                       fire and theft to PT Asuransi Jasa Tania Tbk and
   PT Asuransi Jasa Tania Tbk dan PT BRI Asuransi                       PT BRI Asuransi Indonesia (related parties - Note
   Indonesia (pihak berelasi - Catatan 33) dengan nilai                 33) with coverage amount of Rp341,675,298 and
   pertanggungan        masing-masing         sebesar                   Rp320,684,494 for the years ended December 31,
   Rp341.675.298 dan Rp320.684.494 untuk tahun                          2025 and 2024, respectively.
   yang berakhir pada tanggal 31 Desember 2025 dan
   2024.

   Pada tanggal 31 Desember 2025 dan 2024, nilai                        As of December 31, 2025 and 2024, the gross
   tercatat bruto dari setiap aset tetap yang telah                     carrying amount of premises and equipments which
   disusutkan penuh dan masih digunakan sebesar                         have been fully depreciated and are still in use
   Rp85.462.381 dan Rp79.334.084.                                       amounted to Rp85,462,381 and Rp79,334,084.

                                                           100
Page 703
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                          PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                        As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                  and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                   (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                           unless otherwise stated)


11. ASET TETAP, ASET HAK GUNA DAN ASET TAK                         11. PREMISES AND EQUIPMENTS, RIGHT-OF-USE
    BERWUJUD (lanjutan)                                                ASSETS AND INTANGIBLE ASSETS (continued)

   Aset tetap dan aset hak guna (lanjutan)                             Premises and equipments and right-of-use assets
                                                                       (continued)

   Pada tanggal 31 Desember 2025, aset dalam                           As of December 31, 2025, the construction in
   penyelesaian berupa pengadaan Adaptive Issuance                     progress is in the form of procurement of Adaptive
   Machine sebesar Rp91.575 dengan estimasi                            Issuance Machine amounting to Rp91,575 with an
   persentase penyelesaian sebesar 50% dan estimasi                    estimated percentage of completion of 50% and
   penyelesaian pada tahun 2026.                                       estimated completion in 2026.

    Pada tanggal 31 Desember 2024, aset dalam                          As of December 31, 2024, the construction in
   penyelesaian berupa pengadaan renovasi ruang                        progress is in the form of procurement of renovation
   kerja sebesar Rp598.500 dengan estimasi                             on working room that costs Rp598,500, with the
   persentase penyelesaian sebesar 85% dan estimasi                    estimated percentage of completion is 85% and the
   penyelesaian pada tahun 2025.                                       estimated of completion in 2025.

   Rincian penjualan aset tetap Bank adalah sebagai                    The detail of the sale of Bank’s premises and
   berikut:                                                            equipments are as follows:
                                            31 Desember/          31 Desember/
                                          December 31, 2025     December 31, 2024

   Harga perolehan                                                                                                     Acquisition cost
     Perlengkapan kantor                          1.965.214              3.495.010                                Office equipments
     Kendaraan                                    1.767.776                555.975                                         Vehicles
     Renovasi bangunan sewa                             452                665.190                   Office leasehold improvements

                                                   3.733.442             4.716.175
   Akumulasi penyusutan                           (3.729.002)           (3.634.214)                         Accumulated depreciation

   Nilai buku                                         4.440              1.081.961                                         Book value
   Harga jual                                       665.687              1.345.282                                        Selling price

   Keuntungan penjualan (Catatan 31)                661.247                263.321                            Gain on sale (Note 31)



   Manajemen Bank memutuskan untuk melakukan                           The Bank’s management decided to write-off parts
   penghapusbukuan atas sebagian aset tetap yang                       of owned premises and equipment since those
   dimiliki dikarenakan aset tetap tersebut rusak, telah               premises and equipment were damaged, become
   usang, penutupan beberapa kantor cabang dan                         obsolete, closing of several branch offices and have
   tidak memiliki nilai ekonomis untuk ke depannya.                    no future economic benefits. For the year ended
   Untuk tahun yang berakhir pada tanggal                              December 31, 2025, acquisition costs and
   31 Desember 2025, harga perolehan dan akumulasi                     accumulated depreciation of written-off premises
   penyusutan aset tetap yang dihapusbuku masing-                      and equipments amounted to Rp753,329 and
   masing sebesar Rp753.329 dan Rp742.666                              Rp742,666, respectively, therefore there is a loss
   sehingga terdapat kerugian akibat hapus buku                        due to write-off amounted to Rp10,663. Meanwhile,
   sebesar Rp10.663. Sedangkan untuk tahun yang                        for the year ended December 31, 2024, acquisition
   berakhir pada tanggal 31 Desember 2024, harga                       costs and accumulated depreciation of written-off
   perolehan dan akumulasi penyusutan aset tetap                       premises     and       equipments      amounted     to
   yang      dihapusbuku    masing-masing      sebesar                 Rp10,553,829 and Rp5,894,181, respectively,
   Rp10.553.829 dan Rp5.894.181 sehingga terdapat                      therefore there is a loss due to write-off amounted to
   kerugian akibat hapus buku sebesar Rp4.659.648.                     Rp4,659,648.




                                                           101
Page 704
                                                                           The original financial statements included herein are in the
                                                                                                                 Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                              As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                        and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                         (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                 unless otherwise stated)


11. ASET TETAP, ASET HAK GUNA DAN ASET TAK                          11. PREMISES AND EQUIPMENTS, RIGHT-OF-USE
    BERWUJUD (lanjutan)                                                 ASSETS AND INTANGIBLE ASSETS (continued)

   Aset tak berwujud                                                       Intangible assets

   Aset tak berwujud terdiri atas:                                         Intangible assets consist of:
                                                   31 Desember/December 31, 2025

                          Saldo Awal/                                                                Saldo Akhir/
                           Beginning       Penambahan/      Pengurangan/         Reklasifikasi/        Ending
                            Balance          Additions        Disposals         Reclassification )     Balance

   Perangkat Lunak                                                                                                           Software
   Harga perolehan           95.851.844       46.806.252                   -                     -     142.658.096      Acquisition cost
                                                                                                                          Accumulated
   Akumulasi amortisasi     (33.863.031)     (19.009.790)                  -                     -     (52.872.821)        amortization

   Nilai buku neto           61.988.813                                                                 89.785.275      Net book value


                                                   31 Desember/December 31, 2024

                          Saldo Awal/                                                                Saldo Akhir/
                           Beginning       Penambahan/      Pengurangan/         Reklasifikasi/        Ending
                            Balance          Additions        Disposals         Reclassification )     Balance

   Perangkat Lunak                                                                                                            Software
   Harga perolehan           66.734.135       29.117.709                   -                     -      95.851.844      Acquisition cost
                                                                                                                          Accumulated
   Akumulasi amortisasi     (20.811.204)     (13.051.827)                  -                     -     (33.863.031)      amortization

   Nilai buku neto           45.922.931                                                                 61.988.813      Net book value


   Jumlah amortisasi aset tak berwujud yang                                Amortization of intangible assets charged to the
   dibebankan pada laporan laba rugi dan penghasilan                       statement of profit or loss and other comprehensive
   komprehensif lain adalah masing-masing sebesar                          income     amounted       to   Rp19,009,790    and
   Rp19.009.790 dan Rp13.051.827 untuk tahun yang                          Rp13,051,827 for the years ended December 31,
   berakhir pada tanggal 31 Desember 2025 dan 2024                         2025 and 2024, respectively (Note 30).
   (Catatan 30).

   Pada tanggal 31 Desember 2025, aset tak berwujud                        As of December 31, 2025, intangible assets also
   juga termasuk aset dalam penyelesaian, yang terdiri                     include assets in progress, which consist of
   dari Pengadaan Development Fitur Aplikasi Bank                          Procurement of Bank Raya Application Feature
   Raya, Pengadaan Saving and Pinang Customer                              Development, Procurement of Saving and Pinang
   Experince      Design,     Jasa     Pengembangan                        Customer Experience Design, Operational Support
   Operasional Support Tools, Pengadaan Kelanjutan                         Tools Development Services, Procurement of
   Pengembangan Sistem di Enterprise Data                                  Continuing System Development in Enterprise Data
   Managemnet, Pengadaan Data Modeling &                                   Management, Procurement of Data Modeling &
   Analytical Enhancement dengan rata-rata estimasi                        Analytical Enhancement with an average estimated
   persentase penyelesaian mencapai 51%. Seluruh                           percentage of completion reaching 51%. All assets
   aset dalam penyelesaian untuk aset tak berwujud                         in progress for intangible assets are estimated to be
   diestimasi selesai pada tahun 2026.                                     completed in 2026.




                                                             102
Page 705
                                                                                       The original financial statements included herein are in the
                                                                                                                             Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                          PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                        As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                                  and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                                   (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                           unless otherwise stated)


11. ASET TETAP, ASET HAK GUNA DAN ASET TAK                                         11. PREMISES AND EQUIPMENTS, RIGHT-OF-USE
    BERWUJUD (lanjutan)                                                                ASSETS AND INTANGIBLE ASSETS (continued)

   Aset tak berwujud (lanjutan)                                                        Intangible assets (continued)

   Aset tak berwujud terdiri atas (lanjutan):                                          Intangible assets consist of (continued):

   Sedangkan, pada tanggal 31 Desember 2024, aset                                      Meanwhile, as of December 31, 2024, intangible
   tak berwujud juga termasuk aset dalam                                               assets is also consists of contruction in progress that
   penyelesaian, yang terdiri dari Pengadaan Renewal                                   consists of Procurement of Renewal Monitoring
   Dashboard     Monitoring,    Pengadaan     Change                                   Dashboard, Procurement of Change Request
   Request Project Development Aplikasi Bank Raya,                                     Project Development Bank Raya Application,
   Pengadaan Raya Saving dan Pinang Enhancement                                        Procurement of Raya Savings and Pinang
   2024 Customer Experience Design, Pengembangan                                       Enhancement 2024 Customer Experience Design,
   Sistem Big Data, dan Kelanjutan Pengembangan                                        Big Data System Development, and Continuation of
   Pinang Product Data Analytics and Self Service Data                                 Pinang Product Data Analytics and Self Service Data
   Analystics dengan rata-rata estimasi persentase                                     Analytics Development with 79% average estimated
   penyelesaian mencapai 79%. Seluruh aset dalam                                       percentage of completion. All construction in
   penyelesaian untuk aset tak berwujud diestimasi                                     progress for intangible assets are estimated to be
   selesai pada tahun 2025.                                                            completed in 2025.

   Tidak ada aset tetap dan aset tak berwujud Bank                                     There are no premises and equipments and
   yang dijadikan jaminan pada tanggal-tanggal                                         intangible assets of the Bank that are pledged as
   31 Desember 2025 dan 2024.                                                          collateral as of December 31, 2025 and 2024.

   Manajemen berpendapat bahwa tidak terdapat                                          Management believes that there is no impairment of
   penurunan nilai aset tetap pada tanggal-tanggal 31                                  premises and equipments as of December 31, 2025
   Desember 2025 dan 2024.                                                             and 2024.

12. AGUNAN YANG DIAMBIL ALIH                                                       12. FORECLOSED COLLATERALS

   Rincian agunan yang diambil alih (AYDA) yang                                        The details of foreclosed collaterals (AYDA) held by
   dimiliki Bank pada tanggal-tanggal 31 Desember                                      the Bank as of December 31, 2025 and 2024, are as
   2025 dan 2024 adalah sebagai berikut:                                               follows:

                                                                                                                  31 December/December 31, 2025

                                           Jenis agunan yang diambil alih/          Jumlah unit/kavling/               Nilai tercatat awal/
       Debitur/Debtors                      Type of foreclosed collaterals          Number of unit/lot              Beggining carrying amount

   CV Fadilah Jaya                       Tanah dan bangunan/Land and buildings               1                                             1.122.630
   CV Syintia                            Tanah dan bangunan/Land and buildings               1                                             1.083.240
   Ifti Seviana                          Tanah dan bangunan/Land and buildings               1                                             1.043.562
   Yosi Agustina                         Tanah dan bangunan/Land and buildings               1                                               913.237
   Sutigno                               Tanah dan bangunan/Land and buildings               1                                               895.400
   Sutrisno                              Tanah dan bangunan/Land and buildings               1                                               632.400
   PT Mulyasari Ratnagumilang            Tanah dan bangunan/Land and buildings               1                                               353.231


   Total                                                                                                                                   6.043.700
   Cadangan kerugian penurunan nilai/Allowance for impairment losses                                                                      (1.206.801)


   Neto/Net                                                                                                                                4.836.899




                                                                             103
Page 706
                                                                                           The original financial statements included herein are in the
                                                                                                                                 Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                              PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                            As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                                      and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                                       (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                               unless otherwise stated)


12. AGUNAN YANG DIAMBIL ALIH (lanjutan)                                               12. FORECLOSED COLLATERALS (continued)

   Rincian agunan yang diambil alih (AYDA) yang                                            The details of foreclosed collaterals (AYDA) held by
   dimiliki Bank pada tanggal-tanggal 31 Desember                                          the Bank as of December 31, 2025 and 2024, are as
   2025 dan 2024 adalah sebagai berikut (lanjutan):                                        follows (continued):
                                                                                                                            31 December/December 31, 2024

                                           Jenis agunan yang diambil alih/              Jumlah unit/kavling/                     Nilai tercatat awal/
       Debitur/Debtors                      Type of foreclosed collaterals              Number of unit/lot                    Beggining carrying amount

   CV Fadilah Jaya                       Tanah dan bangunan/Land and buildings                   1                                                   1.122.630
   CV Syintia                            Tanah dan bangunan/Land and buildings                   1                                                   1.083.240
   Ifti Seviana                          Tanah dan bangunan/Land and buildings                   1                                                   1.043.562
   Yosi Agustina                         Tanah dan bangunan/Land and buildings                   1                                                     913.237
   Sutigno                               Tanah dan bangunan/Land and buildings                   1                                                     895.400
   Sutrisno                              Tanah dan bangunan/Land and buildings                   1                                                     632.400
   PT Mulyasari Ratnagumilang            Tanah dan bangunan/Land and buildings                   1                                                     353.231


   Total                                                                                                                                             6.043.700
   Cadangan kerugian penurunan nilai/Allowance for impairment losses                                                                                (1.206.801)


   Neto/Net                                                                                                                                          4.836.899



   Manajemen berpendapat bahwa jumlah cadangan                                             Management believes that the allowance for
   kerugian penurunan nilai yang dibentuk pada                                             impairment losses provided as of December 31,
   tanggal-tanggal 31 Desember 2025 dan 2024 telah                                         2025 and 2024 are adequate.
   memadai.

13. BIAYA    DIBAYAR                 DIMUKA            DAN             ASET           13. PREPAID EXPENSES AND OTHER ASSETS
    LAIN-LAIN

                                               31 Desember/December 31, 2025           31 Desember/December 31, 2024
                                                                                                _______

                                              Jumlah nosional                         Jumlah nosional
                                              mata uang asing/                        mata uang asing/
                                              Notional amount          Ekuivalen      Notional amount      Ekuivalen
                                              foreign currency          Rupiah/       foreign currency      Rupiah/
                                               (Angka penuh/            Rupiah         (Angka penuh/        Rupiah
                                                Full amount)           Equivalent       Full amount)       Equivalent
                                                                                                _______

   Biaya Dibayar Dimuka                                                                                                                   Prepaid Expenses
   Rupiah                                                                33.428.329                            26.121.036                             Rupiah
   Dolar Amerika Serikat                                 7.270              121.233           42.166              678.662                United States Dollar

                                                                         33.549.562                            26.799.698

   Aset Lain-lain                                                                                                                               Other Assets
   Rupiah                                                                                                                                              Rupiah
    Piutang bunga                                                        89.857.713                            67.963.944                 Interest receivables
    Tagihan terkait ATM                                                   4.753.962                             3.096.479           Recivables related to ATM
    Setoran jaminan                                                       2.209.700                             2.176.225                  Guarantee deposit
    Lain-lain                                                             2.221.666                             1.885.511                               Others

                                                                         99.043.041                            75.122.159

   Total                                                                132.592.603                        101.921.857                                    Total




                                                                               104
Page 707
                                                                         The original financial statements included herein are in the
                                                                                                               Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                            PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                          As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                    and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                     (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                             unless otherwise stated)


14. LIABILITAS SEGERA                                                14. LIABILITIES DUE IMMEDIATELY

                                  31 Desember/December 31, 2025      31 Desember/December 31, 2024
                                                                              _______

                                 Jumlah nosional                    Jumlah nosional
                                 mata uang asing/                   mata uang asing/
                                 Notional amount    Ekuivalen       Notional amount     Ekuivalen
                                 foreign currency    Rupiah/        foreign currency     Rupiah/
                                  (Angka penuh/      Rupiah          (Angka penuh/       Rupiah
                                   Full amount)     Equivalent        Full amount)      Equivalent
                                                                              _______

   Rupiah                                                                                                                     Rupiah
     Umum dan administrasi                           17.006.518                          22.232.807      General and administrative
     Personalia                                       3.231.089                              61.422                     Personnel
     Titipan transfer dan ATM                           918.298                           1.267.904      Transfer and ATM deposits
     Lain-lain                                          244.147                              53.788                        Others

                                                     21.400.052                          23.615.921

   Dolar Amerika Serikat                                                                                          United States Dollar
     Umum dan Administrasi                1.599           26.659             1.599           25.732       General and administrative

                                                          26.659                             25.732

   Total                                             21.426.711                          23.641.653                              Total



15. GIRO                                                             15. DEMAND DEPOSITS

                                  31 Desember/December 31, 2025     31 Desember/December 31, 2024
                                                                              _______

                                 Jumlah nosional                    Jumlah nosional
                                 mata uang asing/                   mata uang asing/
                                 Notional amount    Ekuivalen       Notional amount     Ekuivalen
                                 foreign currency    Rupiah/        foreign currency     Rupiah/
                                  (Angka penuh/      Rupiah          (Angka penuh/       Rupiah
                                   Full amount)     Equivalent        Full amount)      Equivalent
                                                                              _______

   Pihak ketiga                                                                                                          Third parties
   Rupiah                                           587.311.590                         227.431.851                            Rupiah
   Dolar Amerika Serikat                 75.921       1.265.985             98.657        1.587.886                United States Dollar

                                                    588.577.575                         229.019.737

   Pihak berelasi (Catatan 33)                                                                               Related parties (Note 33)
   Rupiah                                           248.479.062                         483.488.729                            Rupiah
   Dolar Amerika Serikat                  6.515         108.643            146.451        2.357.125                United States Dollar

                                                    248.587.705                         485.845.854

   Total                                            837.165.280                         714.865.591                              Total



   Giro yang dijadikan jaminan atas fasilitas perbankan                  Demand deposits used as collateral for banking
   yang diberikan oleh Bank adalah sebesar                               facilities granted by the Bank amounted to
   Rp166.900.000 dan Rp7.000.000 masing-masing                           Rp166,900,000      and  Rp7,000,000       as of
   pada tanggal 31 Desember 2025 dan 2024.                               December 31, 2025 and 2024, respectively.

   Tingkat suku bunga rata-rata per tahun untuk giro:                    The annual average interest rates for demand
                                                                         deposits:

                                            31 Desember/            31 Desember/
                                          December 31, 2025       December 31, 2024

   Rupiah                                             2,35%                   1,67%                                         Rupiah
   Dolar Amerika Serikat                              0,20%                   0,21%                             United States Dollar




                                                            105
Page 708
                                                                          The original financial statements included herein are in the
                                                                                                                Indonesian language.

       PT BANK RAYA INDONESIA Tbk                                              PT BANK RAYA INDONESIA Tbk
    CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                            As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                                      and for the Year Then Ended
        (Disajikan dalam ribuan Rupiah,                                       (Expressed in thousands of Rupiah,
            kecuali dinyatakan lain)                                               unless otherwise stated)


16. TABUNGAN                                                          16. SAVING DEPOSITS

                                            31 Desember/             31 Desember/
                                          December 31, 2025        December 31, 2024

   Pihak ketiga                                                                                                      Third parties
   Rupiah                                                                                                                  Rupiah
     Tabungan Raya Infiniti                   1.329.091.715             861.361.995                        Tabungan Raya Infiniti
     Tabungan Raya                            1.001.833.978             603.065.656                              Tabungan Raya
     Tabunganku                                   3.206.561               3.438.493                                 Tabunganku
     Tabungan Berhadiah                           2.060.335               1.295.426                          Tabungan Berhadiah
     Tabungan Raya Multima                        1.625.662               2.715.217                       Tabungan Raya Multima
                                              2.337.818.251           1.471.876.787
   Pihak berelasi (Catatan 33)                                                                            Related parties (Note 33)
   Rupiah                                                                                                                   Rupiah
     Tabungan Raya                                  20.996.487           16.154.664                              Tabungan Raya
     Tabungan Raya Infiniti                         10.190.729           13.944.270                        Tabungan Raya Infiniti
     Tabungan Berhadiah                              2.885.205           19.857.119                         Tabungan Berhadiah
     Tabunganku                                              -                  708                                 Tabunganku

                                                    34.072.421           49.956.761
   Total                                      2.371.890.672           1.521.833.548                                              Total


   Tabungan yang dijadikan jaminan atas fasilitas                         Saving deposits used as collateral for banking
   perbankan yang diberikan oleh Bank masing-masing                       facilities granted by the Bank amounted to
   sebesar Rp336.656.590 dan Rp70.136.067 pada                            Rp336,656,590 and Rp70,136,067 as of December
   tanggal 31 Desember 2025 dan 2024.                                     31, 2025 and 2024, respectively.

   Tingkat suku bunga rata-rata per tahun untuk                           The annual average interest rates for saving deposits
   tabungan adalah 3,15% dan 2,97% masing-masing                          are 3.15% dan 2.97% for the years ended December
   untuk tahun yang berakhir pada tanggal                                 31, 2025 and 2024, respectively.
   31 Desember 2025 dan 2024.

17. DEPOSITO BERJANGKA                                                17. TIME DEPOSITS

                                  31 Desember/December 31, 2025       31 Desember/December 31, 2024
                                                                               _______

                                 Jumlah nosional                     Jumlah nosional
                                 mata uang asing/                    mata uang asing/
                                 Notional amount      Ekuivalen      Notional amount      Ekuivalen
                                 foreign currency      Rupiah/       foreign currency      Rupiah/
                                  (Angka penuh/        Rupiah         (Angka penuh/        Rupiah
                                   Full amount)       Equivalent       Full amount)       Equivalent
                                                                               _______

   Pihak ketiga                                                                                                           Third parties
   Rupiah                                            5.356.499.311                       5.239.468.543                          Rupiah
   Dolar Amerika Serikat                412.451          6.877.620          501.395          8.069.960              United States Dollar

                                                     5.363.376.931                       5.247.538.503


   Pihak berelasi (Catatan 33)                                                                                Related parties (Note 33)
   Rupiah                                              972.553.091                        648.797.470                           Rupiah
   Dolar Amerika Serikat                                         -            1.049            16.887               United States Dollar

                                                       972.553.091                        648.814.357

   Total                                             6.335.930.022                       5.896.352.860                            Total




                                                              106
Page 709
                                                               The original financial statements included herein are in the
                                                                                                     Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                 PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                              NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                               As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                         and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                          (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                  unless otherwise stated)


17. DEPOSITO BERJANGKA (lanjutan)                          17. TIME DEPOSITS (continued)

   Deposito berjangka berdasarkan periode kontrak              Time deposits based on their contractual periods are
   adalah sebagai berikut:                                     as follows:

                                      31 Desember/        31 Desember/
                                    December 31, 2025   December 31, 2024

   Pihak ketiga                                                                                            Third parties
   Rupiah                                                                                                        Rupiah
     Deposits on call                      3.500.000         179.425.000                               Deposits on call
     Deposito                                                                                                Deposits
       1 bulan                          2.997.499.763      2.758.161.710                                   1 month
       3 bulan                          2.261.122.358      2.070.918.219                                  3 months
       6 bulan                             80.400.633        206.513.717                                  6 months
       12 bulan                            13.976.557         24.449.897                                 12 months
                                        5.356.499.311      5.239.468.543
   Dolar Amerika Serikat                                                                           United States Dollar
     Deposito                                                                                                Deposits
       1 bulan                             4.273.007           4.504.411                                   1 month
       3 bulan                             2.430.248           3.397.344                                  3 months
       6 bulan                               174.365             168.205                                  6 months
                                           6.877.620           8.069.960

                                        5.363.376.931      5.247.538.503

   Pihak berelasi (Catatan 33)                                                                 Related parties (Note 33)
   Rupiah                                                                                                        Rupiah
     Deposits on call                               -        284.000.000                              Deposits on call
     Deposito                                                                                                Deposits
       1 bulan                           741.578.091         244.312.470                                   1 month
       3 bulan                           220.725.000         110.010.000                                  3 months
       6 bulan                             9.250.000           9.325.000                                  6 months
       12 bulan                            1.000.000           1.150.000                                 12 months
                                         972.553.091         648.797.470

   Dolar Amerika Serikat                                                                            United States Dollar
     Deposito                                                                                                Deposits
       1 bulan                                      -             16.887                                   1 month
                                                    -             16.887
                                         972.553.091         648.814.357

   Total                                6.335.930.022      5.896.352.860                                             Total


   Deposito berjangka yang dijadikan jaminan atas              Time deposits used as collateral for banking facilities
   fasilitas perbankan yang diberikan oleh Bank                granted by the Bank amounted to Rp Rp60,979,848
   masing-masing     sebesar   Rp60.979.848   dan              and Rp39,452,000 as of December 31, 2025 and
   Rp39.452.000 pada tanggal 31 Desember 2025 dan              2024, respectively.
   2024..

   Tingkat suku bunga rata-rata per tahun untuk                The annual average interest rates for time deposits:
   deposito berjangka:

                                      31 Desember/        31 Desember/
                                    December 31, 2025   December 31, 2024

   Rupiah                                      5,27%               5,37%                                          Rupiah
   Dolar Amerika Serikat                       1,48%               3,85%                              United States Dollar




                                                    107
Page 710
                                                                           The original financial statements included herein are in the
                                                                                                                 Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                              PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                            As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                      and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                       (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                               unless otherwise stated)


18. SIMPANAN DARI BANK LAIN                                           18. DEPOSITS FROM OTHER BANKS

                                  31 Desember/December 31, 2025        31 Desember/December 31, 2024
                                                                                _______

                                 Jumlah nosional                      Jumlah nosional
                                 mata uang asing/                     mata uang asing/
                                 Notional amount    Ekuivalen         Notional amount     Ekuivalen
                                 foreign currency    Rupiah/          foreign currency     Rupiah/
                                  (Angka penuh/      Rupiah            (Angka penuh/       Rupiah
                                   Full amount)     Equivalent          Full amount)      Equivalent
                                                                                _______

   Pihak ketiga                                                                                                            Third parties
   Rupiah                                                                                                                        Rupiah
      Inter-bank call money                         175.000.000                           455.000.000           Inter-bank call money
      Deposito berjangka                             13.000.000                            12.000.000                   Time deposits
      Giro                                            4.005.643                                     -               Demand deposits

                                                    192.005.643                           467.000.000

   Pihak berelasi (Catatan 33)                                                                                 Related parties (Note 33)
   Rupiah                                                                                                                        Rupiah
      Inter-bank call money                                       -                       400.000.000           Inter-bank call money

                                                                  -                       400.000.000

   Total                                            192.005.643                           867.000.000                             Total


   Klasifikasi jangka waktu simpanan dari bank lain                        The classification by period of deposits from other
   berdasarkan sisa umur jatuh tempo adalah sebagai                        banks based on remaining period to maturity are as
   berikut:                                                                follows:
                                            31 Desember/            31 Desember/
                                          December 31, 2025       December 31, 2024

   Pihak ketiga                                                                                                         Third parties
   Rupiah                                                                                                                     Rupiah
     ≤ 1 bulan                                                                                                           ≤ 1 month
         Inter-bank call money                  175.000.000              455.000.000                        Inter-bank call money
         Deposito berjangka                      13.000.000               12.000.000                                Time deposits
         Giro                                     4.005.643                        -                            Demand deposits
                                                192.005.643              467.000.000

   Pihak berelasi (Catatan 33)                                                                             Related parties (Note 33)
   Rupiah                                                                                                                    Rupiah
     ≤ 1 bulan                                                                                                          ≤ 1 month
         Inter-bank call money                              -            400.000.000                       Inter-bank call money
                                                            -            400.000.000

   Total                                        192.005.643              867.000.000                                              Total

   Tingkat suku bunga rata-rata per tahun untuk                            The annual average interest rates for deposits from
   simpanan dari bank lain adalah:                                         other banks are as follows:

                                            31 Desember/            31 Desember/
                                          December 31, 2025       December 31, 2024

   Rupiah                                                                                                                      Rupiah
     Deposito berjangka                               5,01%                     3,00%                                 Time deposits
     Giro                                             0,22%                          -                            Demand deposits
     Inter-bank call money                            5,56%                     6,32%                         Inter-bank call money




                                                            108
Page 711
                                                                                      The original financial statements included herein are in the
                                                                                                                            Indonesian language.

       PT BANK RAYA INDONESIA Tbk                                                          PT BANK RAYA INDONESIA Tbk
    CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                                        As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                                                  and for the Year Then Ended
        (Disajikan dalam ribuan Rupiah,                                                   (Expressed in thousands of Rupiah,
            kecuali dinyatakan lain)                                                           unless otherwise stated)


19. EFEK-EFEK YANG DIJUAL DENGAN JANJI                                          19. SECURITIES SOLD UNDER AGREEMENT TO
    DIBELI KEMBALI                                                                  REPURCHASE

   Efek-efek yang dijual dengan janji dibeli kembali pada                             Securities sold under agreement to repurchase as of
   tanggal 31 Desember 2024 terdiri dari:                                             December 31, 2024 consist of:
                                                                             31 Desember/ December 31, 2024

                                   Tingkat suku
                                 bunga per tahun/
                                  Annual interest                            Tanggal beli
                                       rate             Tanggal jual/          kembali/           Nilai nominal/     Nilai jual/         Nilai tercatat/
                                       (%)                Sell date        Repurchase date       Nominal amount     Sell amount          Carrying value

   Pihak ketiga/Third Parties
   Rupiah
      Bank Indonesia
         Obligasi Pemerintah/
            Government bonds
                                                          30 Desember/            6 Januari/
           FR0095                             6,25    December 30, 2024      January 6, 2025          250.000.000      238.168.250            238.250.947
                                                          31 Desember/            2 Januari/
           FR0095                             6,15    December 31, 2024      January 2, 2025           50.000.000        52.422.848            52.431.803

   Total                                                                                              300.000.000      290.591.098            290.682.750



20. PERPAJAKAN                                                                  20. TAXATION
   a)      Utang pajak                                                                a)       Taxes payable
           Pada tanggal-tanggal 31 Desember 2025 dan                                           As of December 31, 2025 and 2024, the details
           2024, rincian utang pajak adalah sebagai                                            of taxes payable are as follows:
           berikut:
                                                       31 Desember/           31 Desember/
                                                     December 31, 2025      December 31, 2024

           Pajak penghasilan                                                                                                               Income tax
             Pasal 21                                         1.504.682                 629.199                                           Article 21
             Pasal 23                                           564.134                 459.361                                           Article 23
             Pasal 4 ayat (2)                                 7.903.266               8.685.453                                         Article 4 (2)
           Pajak pertambahan nilai                              111.654                 143.291                                       Value added tax
           Total                                            10.083.736                9.917.304                                                    Total

   b)      Beban pajak                                                                b)       Tax expense
                                                            Tahun yang berakhir pada
                                                              tanggal 31 Desember/
                                                            Year ended December 31,
                                                             2025                    2024

           Beban pajak kini                                                                                                        Current tax expense
             Periode lalu dari hasil
               pemeriksaan pajak                             4.139.176                        -                       Prior year tax assessment
           Beban pajak tangguhan                           172.756.760                4.450.188                              Deferred tax expense
                                                           176.895.936                4.450.188




                                                                          109
Page 712
                                                                  The original financial statements included herein are in the
                                                                                                        Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                    PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                  As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                            and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                             (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                     unless otherwise stated)


20. PERPAJAKAN (lanjutan)                                      20. TAXATION (continued)
   b)   Beban (manfaat) pajak (lanjutan)                          b)     Tax expense (benefit) (continued)

        Rekonsiliasi antara laba sebelum beban pajak                     The reconciliation between income before tax
        seperti yang disajikan dalam laporan laba rugi                   expense as presented in the statement of profit
        dan penghasilan komprehensif lain dan taksiran                   or loss and other comprehensive income and
        penghasilan kena pajak adalah sebagai berikut:                   estimated taxable income are as follows:

                                               Tahun yang berakhir pada
                                                 tanggal 31 Desember/
                                               Year ended December 31,

                                                2025              2024

        (Rugi)/laba sebelum beban pajak                                            (Loss)/Income before tax expense based
          sesuai dengan laporan laba rugi                                                on the statement of profit or loss
          dan penghasilan komprehensif lain   (321.717.012)      55.341.958             and other comprehensive income
        Perbedaan temporer                                                                          Temporary differences
        Pembentukan cadangan
          beban pegawai                          2.534.572       45.880.054                Provision for employee expenses
        Pembalikan atas cadangan
          kerugian penurunan nilai selain                                                          Reversal of allowance for
          kredit yang diberikan                    (63.768)         (598.619)            impairment losses on non-loans
        Penyusutan aset tetap                   (5.931.925)       (6.285.011)       Depreciation of premises and equipment
        Keuntungan yang belum
          direalisasi dari nilai efek-efek
          yang diukur pada nilai wajar                                                         Unrealized gain on fair value
          melalui laba rugi                     (1.134.610)       (1.949.509)             through profit or loss securities
        Pembalikan cadangan litigasi                     -        (1.028.194)             Reversal of provision for litigation
        Pembalikan cadangan kerugian                                                   Reversal of allowance for impairment
          kredit yang diberikan               (266.631.181)      (54.137.959)                             losses on loans
        Cadangan estimasi kerugian                                                        Provision for estimated losses on
          komitmen dan kontinjensi                222.384         (2.108.871)             commitment and contingencies
                                              (271.004.528)      (20.228.109)

        Perbedaan tetap                                                                            Permanent differences
        Representasi dan sumbangan               6.376.033       19.996.959                  Representations and donations
        Kegiatan pegawai                         5.453.363        4.153.001                             Employee activities
        Biaya sewa dan pemeliharaan                                                               Rent and maintenance of
          rumah dinas                           2.370.313        (11.785.058)                   office housing expenses
        Lain-lain                              60.739.399        29.005.258                                        Others
                                               74.939.108        41.370.160

        Taksiran (rugi)/laba fiskal           (517.782.432)      76.484.009               Estimated taxable (loss)/income




                                                         110
Page 713
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                       PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                        unless otherwise stated)


20. PERPAJAKAN (lanjutan)                                        20. TAXATION (continued)

   b)   Beban (manfaat) pajak (lanjutan)                             b)    Tax expense (benefit) (continued)

        Perhitungan   beban    dan    utang    pajak                       The computation of corporate income tax
        penghasilan badan adalah sebagai berikut:                          expense and income tax payable are as follows:

                                                 Tahun yang berakhir pada
                                                   tanggal 31 Desember/
                                                 Year ended December 31,
                                                  2025              2024

        Taksiran (rugi)/laba fiskal             (517.782.432)        76.484.009                 Estimated taxable (loss)/income
        Rugi fiskal tahun sebelumnya          (2.361.054.197)    (2.437.538.206)                       Tax loss carried forward
        Rugi fiskal tahun - saldo akhir       (2.878.836.629)    (2.361.054.197)               Tax loss carried forward - ending

        Beban pajak kini                                   -                   -                            Current tax expense
        Pembayaran angsuran pajak
          penghasilan selama periode                                                           Income tax installment payments
          berjalan                                         -                   -                           during the periods
        Estimasi tagihan (utang) pajak                                                       Estimated corporate income tax
          penghasilan - Pasal 29                           -                   -           receivable (payable) - Article 29


        Rekonsiliasi atas (manfaat) beban pajak                            The reconciliation of income tax (benefit)
        penghasilan dengan perkalian (rugi)/laba                           expense by multiplying (loss)/income before
        sebelum pajak penghasilan dan tarif pajak yang                     income tax to the applicable tax rate are as
        berlaku adalah sebagai berikut:                                    follows:

                                                 Tahun yang berakhir pada
                                                   tanggal 31 Desember/
                                                 Year ended December 31,

                                                  2025              2024

        Laba sebelum beban                                                                          Income before tax expense
          pajak sesuai dengan                                                                        based on the statement
          laporan laba rugi dan                                                                     of profit or loss and other
          penghasilan komprehensif lain        (321.717.012)        55.341.958                        comprehensive income
        Beban pajak dengan tarif
          yang berlaku                          (70.777.743)        12.175.231            Tax expense with applicable tax rates
        Pengaruh pajak atas beda tetap           16.486.602          9.101.436             Tax effect on permanent differences
        Aset pajak tangguhan
          yang tidak diakui                     113.912.134        (16.826.479)               Unrecognized deferred tax assets
        Periode lalu dari hasil pemeriksaan
          pemeriksaan pajak                       4.139.176                    -                      Prior year tax assessment
        Pembebanan aset pajak tangguhan         113.135.767                    -                      Deferred tax asset charge
                                                176.895.936          4.450.188


        Berdasarkan     peraturan  perpajakan    di                        Based on tax regulations in Indonesia, the Bank
        Indonesia,   Bank     menyampaikan    Surat                        submit their Annual Tax Returns to the tax office
        Pemberitahuan Pajak Tahunan ke Kantor Pajak                        on a self-assessment basis. The corporate
        atas self-assessment. Perhitungan pajak                            income tax calculation for the year ended
        penghasilan badan untuk tahun yang berakhir                        December 31, 2025 will be the basis for
        pada tanggal 31 Desember 2025 akan menjadi                         preparing annual tax returns (SPT).
        dasar dalam pengisian Surat Pemberitahuan
        Tahunan (SPT) pajak.

        Kantor Pajak berhak memeriksa atau                                 The tax office has the right to inspect or correct
        mengoreksi pajak dalam jangka waktu 5 (lima)                       taxes within 5 (five) years after the date of the
        tahun setelah tanggal pajak terutang.                              tax due.

                                                           111
Page 714
                                                               The original financial statements included herein are in the
                                                                                                     Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                 PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                              NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                               As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                         and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                          (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                  unless otherwise stated)


20. PERPAJAKAN (lanjutan)                                   20. TAXATION (continued)

   b)   Beban (manfaat) pajak (lanjutan)                       b)   Tax expense (benefit) (continued)

        Pemeriksaan Pajak                                           Tax Assessment

        Pajak Penghasilan Badan Tahun 2020                          Corporate Income Tax Fiscal Year 2020

        Pada tanggal 10 Oktober 2025, Bank menerima                 On October 10, 2025, the Bank received a Tax
        Surat Ketetapan Pajak Kurang Bayar (SKPKB)                  Underpayment Assessment Letter (SKPKB) on
        atas Pajak Penghasilan Badan tahun fiskal                   corporate income tax for the 2020 fiscal year
        2020 sebesar Rp4.139.176. Bank memutuskan                   which stipulated underpayment of income tax of
        untuk tidak mengajukan keberatan atas SKPKB                 Rp4,139,176. Bank decided not to file an
        tersebut dan telah dibayar oleh Bank pada                   objection to the SKPKB and it has been paid by
        tanggal 28 Oktober 2025.                                    the Bank on October 28, 2025.

        Pajak Pertambahan Nilai Tahun 2020                          Value Added Tax Fiscal Year 2020

        Pada tanggal 10 Oktober 2025, Bank menerima                 On October 10, 2025, the Bank received a Tax
        Surat Ketetapan Pajak Kurang Bayar (SKPKB)                  Underpayment Assessment Letter (SKPKB) and
        dan Surat tagihan Pajak atas Pajak                          Tax Bill (STP) on value added tax for the period
        Pertambahan Nilai masa Desember 2020                        December 2020 with total underpayment
        dengan total kurang bayar termasuk denda                    including penalty amounting to Rp565,404 and
        bunga masing-masing sebesar Rp565.404 dan                   Rp39,750, respectively. Bank decided not to file
        Rp39.750. Bank memutuskan untuk tidak                       an objection to SKPKB and STP and it has been
        mengajukan keberatan atas SKPKB dan STP                     paid by the Bank on October 28, 2025.
        tersebut dan telah dibayar oleh Bank pada
        tanggal 28 Oktober 2025

        Pajak Lainnya Tahun 2020                                    Other Taxes Fiscal Year 2020

        Pada tanggal 10 Oktober 2025, Bank menerima                 On October 10, 2025, the Bank received several
        beberapa Surat Ketetapan Pajak Kurang Bayar                 Tax Underpayment Assessment Letter (SKPKB)
        (SKPKB) atas PPh 21, PPh 23 dan PPh 4 ayat                  on income tax art 21, income tax art 23 and
        2 masa Desember 2020 dengan total kurang                    income tax art 4(2) for the period December
        bayar termasuk denda bunga masing-masing                    2020 with total underpayment including penalty
        sebesar    Rp308.962,     Rp101.659     dan                 amounting to Rp308,962; Rp101,659 and
        Rp245.320. Bank memutuskan untuk tidak                      Rp245,320, respectively. Bank decided not to file
        mengajukan keberatan atas SKPKB tersebut                    an objection to SKPKB and it has been paid by
        dan telah dibayar oleh Bank pada tanggal                    the Bank on October 28, 2025.
        28 Oktober 2025.




                                                      112
Page 715
                                                                                          The original financial statements included herein are in the
                                                                                                                                Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                             PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                           As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                                     and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                                      (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                              unless otherwise stated)


20. PERPAJAKAN (lanjutan)                                                            20. TAXATION (continued)
   c)   Aset pajak tangguhan                                                              c)    Deferred tax assets
        Perhitungan aset dan beban pajak tangguhan                                              The computation of deferred tax assets and
        Bank adalah sebagai berikut:                                                            expense of the Bank are as follows:
                                                                 31 Desember/December 31, 2025
                                                                                                _______


                                                                                       Dibebankan/
                                                                                     (dikreditkan) ke
                                                                                       penghasilan
                                                                   Dibebankan/        komprehensif
                                                                 (dikreditkan) ke           lain/
                                                                     laporan             Charged/
                                                                    laba rugi/         (credited) to
                                                                     Charged/              other
                                              31 Desember/          (credited)       comprehensive             31 Desember/
                                              December 31,       to profit or loss        income               December 31,
                                                  2024              Additions           Disposals                  2025
                                                                                                   _______


                                                                                                                                          Allowance for impairment
   Cadangan kerugian aset produktif                                                                                                    losses on earning assets
     dan non produktif                           90.977.209         (90.977.209)                           -                  -          and non-earning assets
   Cadangan litigasi                                220.000            (220.000)                           -                  -              Allowance for litigation
   Cadangan beban pegawai                        39.000.721         (39.000.721)                           -                  - Allowance for employee benefits
                                                                                                                                                      Depreciation of
   Penyusutan aset tetap                        (11.138.660)         11.138.660                            -                  -        premises and equipment
   Kerugian yang belum direalisasi dari                                                                                                           Unrealized loss on
     nilai efek-efek yang diukur pada nilai                                                                                                     fair value through
     wajar melalui laba rugi                       153.243              (153.243)                          -                   -          profit or loss securities
   Kerugian (keuntungan) yang belum                                                                                                       Unrealized loss (gain) on
     direalisasi dari efek-efek yang                                                                                                        securities measured
     diukur pada nilai wajar melalui                                                                                                         at fair value through
     penghasilan komprehensif lain                6.328.985                      -        (6.328.985)                         -    other comprehensive income
   Pengukuran kembali program                                                                                                          Remeasurement on defined
     imbalan pasti                                 848.812                       -          (848.812)                         -                        benefit plan
                                                                                                   _______


   Aset pajak tangguhan                        126.390.310         (119.212.513)          (7.177.797)                         -               Deferred tax assets
   Dampak penerapan PMK 74                                                                                                        The impact of the implementation
     yang belum dimanfaatkan                     53.544.247         (53.544.247)                           -                  - PMK 74 that has not been utilized
                                                                                                   _______


   Aset pajak tangguhan - neto                 179.934.557         (172.756.760)          (7.177.797)                         -           Deferred tax assets - net


                                                                  31 Desember/December 31, 2024
                                                                                                 _______


                                                                                       Dibebankan/
                                                                                     (dikreditkan) ke
                                                                                       penghasilan
                                                                   Dibebankan/        komprehensif
                                                                 (dikreditkan) ke           lain/
                                                                     laporan             Charged/
                                                                    laba rugi/         (credited) to
                                                                     Charged/              other
                                              31 Desember/          (credited)       comprehensive             31 Desember/
                                              December 31,       to profit or loss        income               December 31,
                                                  2023              Additions           Disposals                  2024
                                                                                                     _______



                                                                                                                                            Allowance for impairment
   Cadangan kerugian aset produktif                                                                                                      losses on earning assets
     dan non produktif                         157.027.455          (66.050.246)                           -     90.977.209                and non-earning assets
   Cadangan litigasi                               446.203             (226.203)                           -        220.000                    Allowance for litigation
   Cadangan beban pegawai                       28.907.111           10.093.610                            -     39.000.721         Allowance for employee benefits
                                                                                                                                                        Depreciation of
   Penyusutan aset tetap                         (9.755.956)          (1.382.704)                          -     (11.138.660 )           premises and equipment
   Kerugian yang belum direalisasi dari                                                                                                             Unrealized loss on
     nilai efek-efek yang diukur pada nilai                                                                                                       fair value through
     wajar melalui laba rugi                       582.135              (428.892)                          -        153.243                 profit or loss securities
   Kerugian (keuntungan) yang belum                                                                                                         Unrealized loss (gain) on
     direalisasi dari efek-efek yang                                                                                                          securities measured
     diukur pada nilai wajar melalui                                                                                                           at fair value through
     penghasilan komprehensif lain                2.715.462                      -        3.613.523                6.328.985        other comprehensive income
   Pengukuran kembali program                                                                                                            Remeasurement on defined
     imbalan pasti                                1.153.902                      -          (305.090)               848.812                              benefit plan
                                                                                                   _______


   Aset pajak tangguhan                        181.076.312          (57.994.435)          3.308.433             126.390.310               Deferred tax assets
   Dampak penerapan PMK 74                                                                                                    The impact of the implementation
     yang belum dimanfaatkan                                 -       53.544.247                            -     53.544.247 PMK 74 that has not been utilized
                                                                                                   _______


   Aset pajak tangguhan - neto                 181.076.312            (4.450.188)         3.308.433             179.934.557               Deferred tax assets - net



                                                                             113
Page 716
                                                                   The original financial statements included herein are in the
                                                                                                         Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                     PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                             and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                              (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                      unless otherwise stated)


20. PERPAJAKAN (lanjutan)                                       20. TAXATION (continued)

   c)   Aset pajak tangguhan (lanjutan)                            c)   Deferred tax assets (continued)

        Manajemen Bank berpendapat bahwa aset                           The Bank’s management believes that the
        pajak tangguhan per 31 Desember 2025 yang                       deferred tax assets per December 31, 2025
        timbul dari perbedaan temporer diperkirakan                     resulted from temporary differences are not
        tidak dapat direalisasikan pada periode                         expected to be realized in the next period.
        mendatang. Manajemen telah membebankan                          Management has charged the deferred tax
        aset pajak tangguhan tersebut ke laba rugi dan                  assets to profit or loss and other comprehensive
        rugi komprehensif lain di tahun 2025 masing-                    loss in 2025 amounting to Rp172,756,760 and
        masing      sebesar    Rp172.756.760       dan                  Rp7,177,797, respectively.
        Rp7.177.797.

        Berdasarkan Peraturan Menteri Keuangan                          Based on the Regulation of the Minister of
        Republik Indonesia Nomor 74 Tahun 2024                          Finance of the Republic of Indonesia Number 74
        ("PMK 74") tentang Pembentukan Cadangan                         Year 2024 ("PMK 74") concerning the
        Piutang Tak Tertagih yang Boleh Dikurangkan                     Establishment of Reserves for Uncollectible
        dari Penghasilan Bruto, terdapat perubahan                      Receivables that Can Be Deductible from Gross
        pada ketentuan perhitungan penyisihan piutang                   Income, there are changes to the provisions for
        tak tertagih yang boleh dikurangkan dari                        calculating the allowance for uncollectible
        penghasilan bruto. Selisih lebih antara saldo                   receivables that can be deducted from gross
        awal cadangan piutang tak tertagih tahun 2024                   income. The excess difference between the
        yang dihitung menggunakan PMK 74 dan saldo                      beginning balance of the 2024 uncollectible
        akhir cadangan piutang tak tertagih tahun 2023                  receivables reserve calculated using PMK 74
        yang    dihitung   menggunakan        peraturan                 and the ending balance of the 2023 uncollectible
        sebelumnya dapat diakui oleh Bank sebagai                       receivables reserve calculated using the
        beban yang dapat dikurangkan pada tahun                         previous regulation may be recognized by the
        fiskal 2024 dan 2025. Terkait dengan hal                        Bank as a deductible expense in the 2024 and
        tersebut, aset pajak tangguhan yang                             2025 fiscal years. Related to this, the deferred
        dimanfaatkan Bank pada tahun fiskal 2024                        tax assets utilized by the Bank in fiscal year
        adalah sebesar Rp35.696.124, sedangkan aset                     2024 are Rp35,696,124, while the deffered tax
        pajak tangguhan yang dibebankan Bank pada                       assets expensed by the Bank in fiscal year 2025
        tahun     fiskal  2025      adalah     sebesar                  are Rp53,544,247.
        Rp53.544.247.

   d)   Pajak Penghasilan Pilar 2                                  d)   Pilar 2 Income Tax

        Aturan Pajak Minimum Global (Global Anti-base                   The Global Anti-base Erosion Rule (“Pillar 2”
        Erosion Rule atau model “Pilar 2”) telah                        model) were adopted in Indonesia through PMK
        diadopsi di Indonesia melalui PMK 136/2024                      136/2024 effective starting January 1, 2025
        yang berlaku efektif mulai 1 Januari 2025                       (Note 2y). According to these rules, the Bank is
        (Catatan 2y). Berdasarkan aturan tersebut,                      considered a Constituent Entity of PT Bank
        Bank dikategorikan sebagai Entitas Konstituen                   Rakyat Indonesia (Persero) Tbk, the ultimate
        dari PT Bank Rakyat Indonesia (Persero) Tbk,                    parent entity (“UPE”) domiciled in Indonesia,
        entitas induk utama (“UPE”) yang berdomisili di                 which an inscope Multinational Enterprise
        Indonesia, yang merupakan Perusahaan                            (“MNE”) to which the Pillar 2 rules shall be
        Multinasional (“PMN”) yang wajib menerapkan                     applied.
        ketentuan Pilar 2.

        Berdasarkan penilaian yang dilakukan oleh                       Based on the assessment performed by UPE,
        UPE, Bank tidak akan dikenakan pajak                            the Bank will not be required to pay Pillar 2 top-
        tambahan Pilar 2 untuk tahun yang berakhir                      up tax for the year ended December 31, 2025,
        tanggal 31 Desember 2025, karena yurisdiksi                     as Indonesian jurisdiction passed the simplified
        Indonesia telah memenuhi ketentuan Safe                         effective tax rate test of the Transitional Safe
        Harbour sesuai PMK 136/2024.                                    Harbour under the PMK 136/2024.




                                                          114
Page 717
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                       PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                        unless otherwise stated)


20. PERPAJAKAN (lanjutan)                                        20. TAXATION (continued)

   e)   Lainnya                                                     e)   Others

        Pada tanggal 29 Oktober 2021, Pemerintah                          On October 29, 2021, the Government issued
        menerbitkan      Undang-Undang        Republik                    the Law of the Republic of Indonesia No. 7 year
        Indonesia No. 7 Tahun 2021 tentang                                2021 regarding harmonization of tax regulations
        Harmonisasi Peraturan Perpajakan (UU HPP),                        (UU HPP), which stipulates, among others,
        yang menetapkan, antara lain, tarif pajak                         income tax rates for domestic corporate
        penghasilan wajib pajak badan dalam negeri                        taxpayers and permanent establishments of
        dan bentuk usaha tetap sebesar 22% yang                           22% starting from fiscal year 2022 onwards.
        mulai berlaku pada tahun fiskal 2022.

21. PINJAMAN YANG DITERIMA                                       21. FUND BORROWINGS

   Pinjaman yang diterima terdiri atas:                              Fund borrowings consist of:

                                            31 Desember/        31 Desember/
                                          December 31, 2025   December 31, 2024

   Pihak berelasi (Catatan 33)                                                                      Related parties (Note 33)
   Rupiah                                                                                                              Rupiah
     PT Sarana Multigriya Finansial                                                           PT Sarana Multigriya Finansial
            (Persero)                           12.556.559          13.622.042                               (Persero)


   Klasifikasi jangka waktu pinjaman yang diterima                   The classification of the fund borrowings’ period
   berdasarkan sisa umur sampai dengan saat jatuh                    based on the remaining life until maturity are as
   tempo adalah sebagai berikut:                                     follows:

                                            31 Desember/        31 Desember/
                                          December 31, 2025   December 31, 2024

   Pihak berelasi (Catatan 33)                                                                       Related parties (Note 33)
   Rupiah                                                                                                              Rupiah
     > 5 tahun                                  12.556.559          13.622.042                                     > 5 years


   Pada tanggal 14 Desember 2020, Bank                               On December 14, 2020, the Bank entered into a
   menandatangani perjanjian fasilitas pinjaman                      borrowing facility agreement with PT Sarana
   dengan PT Sarana Multigriya Finansial (Persero)                   Multigriya Finansial (Persero) for channeling of KPR
   untuk penyaluran KPR Sejahtera bagi masyarakat                    Sejahtera for low-income communities.
   berpenghasilan rendah.

   Fasilitas pinjaman ini memiliki jangka waktu paling               This borrowing facility has a maximum term of 20
   lama 20 (dua puluh) tahun sejak tanggal pencairan                 (twenty) years from the date of the borrowing
   fasilitas pinjaman dengan suku bunga paling rendah                disbursement with the lowest interest rate of 4.45%
   sebesar 4,45% per tahun dan availability period                   per annum and availability period up to
   sampai dengan tanggal 31 Desember 2020.                           December 31, 2020. The principal installments of the
   Angsuran pokok fasilitas pinjaman dibayarkan pada                 fund borrowings are paid on the 10th (tenth) of each
   tanggal 10 (sepuluh) setiap bulan bersamaan                       month along with the interest payments, where the
   dengan pembayaran bunga, dimana angsuran                          first installment of the principal paid on February 10,
   pokok pertama kali mulai dibayarkan pada tanggal                  2021, amounted to Rp157,003 until maturity. The
   10 Februari 2021 sebesar Rp157.003 sampai                         Bank does not provide any guarantee for this fund
   dengan jatuh tempo. Bank tidak memberikan                         borrowings.
   jaminan apapun atas pinjaman ini.




                                                          115
Page 718
                                                                         The original financial statements included herein are in the
                                                                                                               Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                              PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                            As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                      and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                       (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                               unless otherwise stated)


21. PINJAMAN YANG DITERIMA (lanjutan)                                21. FUND BORROWINGS (continued)

   Persyaratan-persyaratan    (covenants)      penting                   The significant covenants in this fund borrowings
   dalam perjanjian pinjaman ini antara lain, sebelum                    agreement, among others, before obtaining written
   memperoleh persetujuan tertulis, Bank tidak                           approvals, the Bank is not allowed to:
   diperkenankan untuk:

       Mengajukan permohonan pailit;                                         Filing for bankruptcy;
       Mengalihkan dan/atau menyerahkan kepada                               Transfering and/or handing over to other
        pihak lain, hak dan kewajiban yang timbul akibat                       parties, the rights and obligations arising from
        perjanjian ini;                                                        this agreement;
       Mengikatkan diri sebagai penanggung atau                              Entering into an agreement as a guarantor or
        penjamin utang dan menjaminkan harta                                   insurer of debt and guaranting the assets of the
        kekayaan Bank;                                                         Bank;
       Menggunakan fasilitas pinjaman tidak sesuai                           Using the fund borrowings facility not suitable
        dengan tujuannya.                                                      with its purpose.

   Manajemen Bank berpendapat bahwa semua                                The management of the Bank believed that all
   persyaratan yang ditetapkan telah dipenuhi.                           covenants required have been complied with.

22. ESTIMASI  KERUGIAN                KOMITMEN         DAN           22. ESTIMATED LOSSES ON COMMITMENT AND
    KONTINJENSI                                                          CONTINGENCIES

   a)   Rincian estimasi kerugian atas transaksi                         a)    The details of estimated losses on commitment
        komitmen dan kontinjensi yang mempunyai                                and contingencies transactions that carry credit
        risiko kredit adalah sebagai berikut:                                  risk are as follows:

                                                31 Desember/        31 Desember/
                                              December 31, 2025   December 31, 2024

        Rupiah                                                                                                              Rupiah
        Fasilitas kredit yang belum ditarik          1.262.340           1.039.910                             Unused loan facilities
        Garansi yang diterbitkan                             -                  46                               Guarantees issued

        Total                                        1.262.340           1.039.956                                             Total


   b)   Rincian transaksi komitmen dan kontinjensi                       b)    The details of commitments and contingencies
        diluar fasilitas kredit yang belum ditarik:                            transactions excluding unused loan facilities:
                                                31 Desember/        31 Desember/
                                              December 31, 2025   December 31, 2024

        Rupiah                                                                                                              Rupiah
        Garansi yang diterbitkan                              -               48.835                            Guarantees issued
        Cadangan kerugian                                                                                 Allowance for impairment
          penurunan nilai                                     -                  (46)                                     losses
        Total                                                 -               48.789                                           Total




                                                              116
Page 719
                                                                                    The original financial statements included herein are in the
                                                                                                                          Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                       PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                                    NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                     As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                               and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                                (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                        unless otherwise stated)


22. ESTIMASI  KERUGIAN                  KOMITMEN           DAN                 22. ESTIMATED LOSSES ON COMMITMENT AND
    KONTINJENSI (lanjutan)                                                         CONTINGENCIES (continued)

   c)   Tabel berikut menyajikan perubahan nilai                                    c)    The following table presents the changes in
        tercatat bruto dan cadangan kerugian                                              gross carrying amount and allowance for
        ekspektasian:                                                                     expected losses:

                                                          31 Desember/December 31, 2025
                                                                                           _______


                                                              Stage 2 -
                                                          kerugian kredit          Stage 3 -
                                                           ekspektasian        kerugian kredit
                                                             sepanjang          ekspektasian
                                                             umurnya -            sepanjang
                                           Stage 1 -        kredit tidak          umurnya -
                                        kerugian kredit     memburuk/                kredit
                                         ekspektasian         Stage 2 -          memburuk/
                                           12 bulan/           lifetime            Stage 3 -
                                           Stage 1 -          expected              lifetime
                                          12 months         credit loss -          expected
                                           expected          not credit          credit loss -
                                          credit loss         impaired         credit impaired       Total
                                                                                          _______


        Garansi yang diterbitkan                                                                                             Guarantees issued
        Nilai tercatat awal                     48.835                     -                    -       48.835         Beginning carrying amount
        Aset keuangan baru yang                                                                                        New financial asset issued
           diterbitkan atau dibeli             292.848                     -                    -      292.848                   or purchased
        Aset keuangan yang dihentikan
           pengakuannya                      (341.683)                     -                    -    (341.683)       Derecognized financial assets
                                                                                           ______


        Nilai tercatat akhir                          -                    -                    -             -         Ending carrying amount



                                                          31 Desember/December 31, 2024
                                                                                           _______


                                                              Stage 2 -
                                                          kerugian kredit          Stage 3 -
                                                           ekspektasian        kerugian kredit
                                                             sepanjang          ekspektasian
                                                             umurnya -            sepanjang
                                           Stage 1 -        kredit tidak          umurnya -
                                        kerugian kredit     memburuk/                kredit
                                         ekspektasian         Stage 2 -          memburuk/
                                           12 bulan/           lifetime            Stage 3 -
                                           Stage 1 -          expected              lifetime
                                          12 months         credit loss -          expected
                                           expected          not credit          credit loss -
                                          credit loss         impaired         credit impaired       Total
                                                                                          _______


        Garansi yang diterbitkan                                                                                             Guarantees issued
        Nilai tercatat awal                    608.861                     -                    -      608.861         Beginning carrying amount
        Aset keuangan baru yang                                                                                        New financial asset issued
           diterbitkan atau dibeli             360.600                     -                    -      360.600                   or purchased
        Aset keuangan yang dihentikan
           pengakuannya                       (920.626)                -                        -     (920.626 )    Derecognized financial assets
                                                                                          _______


        Nilai tercatat akhir                    48.835                 -                        -       48.835          Ending carrying amount




                                                                    117
Page 720
                                                                                  The original financial statements included herein are in the
                                                                                                                        Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                     PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                   As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                             and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                              (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                      unless otherwise stated)


22. ESTIMASI  KERUGIAN                  KOMITMEN            DAN              22. ESTIMATED LOSSES ON COMMITMENT AND
    KONTINJENSI (lanjutan)                                                       CONTINGENCIES (continued)

   c)   Tabel berikut menyajikan perubahan nilai                                  c)    The following table presents the changes in
        tercatat bruto dan cadangan kerugian                                            gross carrying amount and allowance for
        ekspektasian (lanjutan):                                                        expected losses (continued):
                                                           31 Desember/December 31, 2025
                                                                                         _______


                                                               Stage 2 -
                                                           kerugian kredit       Stage 3 -
                                                            ekspektasian     kerugian kredit
                                                              sepanjang       ekspektasian
                                                              umurnya -         sepanjang
                                           Stage 1 -         kredit tidak       umurnya -
                                        kerugian kredit      memburuk/             kredit
                                         ekspektasian          Stage 2 -       memburuk/
                                           12 bulan/            lifetime         Stage 3 -
                                           Stage 1 -           expected           lifetime
                                          12 months          credit loss -       expected
                                           expected           not credit       credit loss -
                                          credit loss          impaired      credit impaired       Total
                                                                                        _______


        Garansi yang diterbitkan                                                                                                Guarantees issued
        Saldo awal tahun                            46                   -                    -            46    Balance at the beginning of the year
        Aset keuangan baru yang                                                                                         New financial asset issued
           diterbitkan atau dibeli                 473                   -                    -            473                     or purchased
        Aset keuangan yang dihentikan
           pengakuannya                           (519)                  -                    -        (519)          Derecognized financial assets
                                                                                        _______


        Cadangan atas kerugian kredit                                                                                      Ending allowance for
          ekspektasian akhir                          -                  -                    -              -          expected credit losses


                                                           31 Desember/December 31, 2024
                                                                                         _______


                                                               Stage 2 -
                                                           kerugian kredit       Stage 3 -
                                                            ekspektasian     kerugian kredit
                                                              sepanjang       ekspektasian
                                                              umurnya -         sepanjang
                                           Stage 1 -         kredit tidak       umurnya -
                                        kerugian kredit      memburuk/             kredit
                                         ekspektasian          Stage 2 -       memburuk/
                                           12 bulan/            lifetime         Stage 3 -
                                           Stage 1 -           expected           lifetime
                                          12 months          credit loss -       expected
                                           expected           not credit       credit loss -
                                          credit loss          impaired      credit impaired       Total
                                                                                        _______


        Garansi yang diterbitkan                                                                                                Guarantees issued
        Saldo awal tahun                         3.244                   -                    -        3.244     Balance at the beginning of the year
        Aset keuangan baru yang                                                                                         New financial asset issued
           diterbitkan atau dibeli               1.426                   -                    -        1.426                       or purchased
        Aset keuangan yang dihentikan
           pengakuannya                          (4.624)                 -                    -       (4.624 )        Derecognized financial assets
                                                                                        _______


        Cadangan atas kerugian kredit                                                                                      Ending allowance for
          ekspektasian akhir                        46                   -                    -            46           expected credit losses




                                                                     118
Page 721
                                                                                  The original financial statements included herein are in the
                                                                                                                        Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                     PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                   As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                             and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                              (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                      unless otherwise stated)


22. ESTIMASI  KERUGIAN                  KOMITMEN           DAN               22. ESTIMATED LOSSES ON COMMITMENT AND
    KONTINJENSI (lanjutan)                                                       CONTINGENCIES (continued)

   c)   Tabel berikut menyajikan perubahan nilai                                  c)    The following table presents the changes in
        tercatat bruto dan cadangan kerugian                                            gross carrying amount and allowance for
        ekspektasian (lanjutan):                                                        expected losses (continued):

                                                          31 Desember/December 31, 2025
                                                                                         _______


                                                              Stage 2 -
                                                          kerugian kredit        Stage 3 -
                                                           ekspektasian      kerugian kredit
                                                             sepanjang        ekspektasian
                                                             umurnya -          sepanjang
                                           Stage 1 -        kredit tidak        umurnya -
                                        kerugian kredit     memburuk/              kredit
                                         ekspektasian         Stage 2 -        memburuk/
                                           12 bulan/           lifetime          Stage 3 -
                                           Stage 1 -          expected            lifetime
                                          12 months         credit loss -        expected
                                           expected          not credit        credit loss -
                                          credit loss         impaired       credit impaired          Total
                                                                                        _______


        Fasilitas kredit yang belum
          ditarik                                                                                                           Unused loan facility
        Nilai tercatat awal               122.616.845            963.153                      -    123.579.998         Beginning carrying amount
        Pengalihan ke                                                                                                                  Transfer to
           Stage 1                             167.133          (167.133)                 -                    -                       Stage 1
           Stage 2                            (721.236)          721.236                  -                    -                       Stage 2
           Stage 3                            (846.351)         (485.891)         1.332.242                    -                       Stage 3
        Pengukuran kembali bersih                                                                                          Net remeasurement of
           nilai tercatat                  (25.134.374)        1.771.063         (1.332.242)        (24.695.553 )             carrying amount
        Aset keuangan baru yang                                                                                        New financial asset issued
           diterbitkan atau dibeli        317.417.650            852.869                      -    318.270.519                   or purchased
        Aset keuangan yang dihentikan
           pengakuannya                   (298.049.827)       (3.432.402 )                    -    (301.482.229 )   Derecognized financial assets
                                                                                        _______


        Nilai tercatat akhir              115.449.840            222.895                      -    115.672.735         Ending carrying amount



                                                          31 Desember/December 31, 2024
                                                                                         _______


                                                              Stage 2 -
                                                          kerugian kredit        Stage 3 -
                                                           ekspektasian      kerugian kredit
                                                             sepanjang        ekspektasian
                                                             umurnya -          sepanjang
                                           Stage 1 -        kredit tidak        umurnya -
                                        kerugian kredit     memburuk/              kredit
                                         ekspektasian         Stage 2 -        memburuk/
                                           12 bulan/           lifetime          Stage 3 -
                                           Stage 1 -          expected            lifetime
                                          12 months         credit loss -        expected
                                           expected          not credit        credit loss -
                                          credit loss         impaired       credit impaired          Total
                                                                                        _______


        Fasilitas kredit yang belum
          ditarik                                                                                                           Unused loan facility
        Nilai tercatat awal               136.149.678         11.253.499                      -    147.403.177         Beginning carrying amount
        Pengalihan ke                                                                                                                  Transfer to
           Stage 1                             422.373          (422.373)                     -                -                       Stage 1
           Stage 2                          (2.734.537)        2.734.537                      -                -                       Stage 2
           Stage 3                            (557.912)          557.912                      -                -                       Stage 3
        Pengukuran kembali bersih                                                                                          Net remeasurement of
           nilai tercatat                 (157.148.257)      (11.841.216)                     -    (168.989.473 )             carrying amount
        Aset keuangan baru yang                                                                                        New financial asset issued
           diterbitkan atau dibeli        276.618.178         16.507.542                      -    293.125.720                   or purchased
        Aset keuangan yang dihentikan
           pengakuannya                   (130.132.678)      (17.826.748 )                    -    (147.959.426 )   Derecognized financial assets
                                                                                        _______


        Nilai tercatat akhir              122.616.845            963.153                      -    123.579.998         Ending carrying amount




                                                                    119
Page 722
                                                                                 The original financial statements included herein are in the
                                                                                                                       Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                    PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                  As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                            and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                             (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                     unless otherwise stated)


22. ESTIMASI  KERUGIAN                  KOMITMEN           DAN              22. ESTIMATED LOSSES ON COMMITMENT AND
    KONTINJENSI (lanjutan)                                                      CONTINGENCIES (continued)

   c)   Tabel berikut menyajikan perubahan nilai                                 c)    The following table presents the changes in
        tercatat bruto dan cadangan kerugian                                           gross carrying amount and allowance for
        ekspektasian (lanjutan):                                                       expected losses (continued):
                                                          31 Desember/December 31, 2025
                                                                                        _______


                                                              Stage 2 -
                                                          kerugian kredit       Stage 3 -
                                                           ekspektasian     kerugian kredit
                                                             sepanjang       ekspektasian
                                                             umurnya -         sepanjang
                                           Stage 1 -        kredit tidak       umurnya -
                                        kerugian kredit     memburuk/             kredit
                                         ekspektasian         Stage 2 -       memburuk/
                                           12 bulan/           lifetime         Stage 3 -
                                           Stage 1 -          expected           lifetime
                                          12 months         credit loss -       expected
                                           expected          not credit       credit loss -
                                          credit loss         impaired      credit impaired       Total
                                                                                       _______


        Fasilitas kredit yang belum
           ditarik                                                                                                         Unused loan facility
        Saldo awal tahun                     1.019.499            20.411                     -    1.039.910 Balance at the beginning of the year
        Pengalihan ke                                                                                                                Transfer to
           Stage 1                               1.020            (1.020)                    -            -                          Stage 1
           Stage 2                              (4.366)            4.366                     -            -                          Stage 2
           Stage 3                             (21.087)           21.087                     -            -                          Stage 3
        Pengukuran kembali bersih                                                                                         Net remeasurement of
           penyisihan                         (971.073)            4.806                     -     (966.267 )            allowance for losses
        Aset keuangan baru yang                                                                                      New financial asset issued
           diterbitkan atau dibeli           2.582.286           154.391                   -      2.736.677                     or purchased
        Aset keuangan yang dihentikan
           pengakuannya                     (1.348.526)         (199.454)                  -      (1.547.980 )   Derecognized financial assets
                                                                                       _______


        Cadangan atas kerugian kredit                                                                                    Ending allowance for
          ekspektasian akhir                 1.257.753             4.587                   -      1.262.340           expected credit losses


                                                          31 Desember/December 31, 2024
                                                                                        _______


                                                              Stage 2 -
                                                          kerugian kredit       Stage 3 -
                                                           ekspektasian     kerugian kredit
                                                             sepanjang       ekspektasian
                                                             umurnya -         sepanjang
                                           Stage 1 -        kredit tidak       umurnya -
                                        kerugian kredit     memburuk/             kredit
                                         ekspektasian         Stage 2 -       memburuk/
                                           12 bulan/           lifetime         Stage 3 -
                                           Stage 1 -          expected           lifetime
                                          12 months         credit loss -       expected
                                           expected          not credit       credit loss -
                                          credit loss         impaired      credit impaired       Total
                                                                                       _______


        Fasilitas kredit yang belum
           ditarik                                                                                                          Unused loan facility
        Saldo awal tahun                       812.559         2.333.024                     -     3.145.583 Balance at the beginning of the year
        Pengalihan ke                                                                                                                 Transfer to
           Stage 1                              13.178           (13.178)                    -             -                          Stage 1
           Stage 2                             (27.792)           27.792                     -             -                          Stage 2
           Stage 3                              (1.085)            1.085                     -             -                          Stage 3
        Pengukuran kembali bersih                                                                                         Net remeasurement of
         penyisihan                         (1.489.187)       (2.280.308)                    -    (3.769.495 )               allowance for losses
        Aset keuangan baru yang                                                                                       New financial asset issued
           diterbitkan atau dibeli           6.179.712               245                     -     6.179.957                     or purchased
        Aset keuangan yang dihentikan
           pengakuannya                     (4.573.264)          (48.249)                    -    (4.621.513 )     Derecognized financial assets
        Perubahan model atau                                                                                          Changes in models foreign
           parameter valuta asing dan                                                                             exchange or parameters and
           perubahan lain                      105.378                  -                    -      105.378                    other changes
                                                                                       _______


        Cadangan atas kerugian kredit                                                                                    Ending allowance for
          ekspektasian akhir                 1.019.499            20.411                     -    1.039.910           expected credit losses




                                                                    120
Page 723
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                         PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                 and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                  (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                          unless otherwise stated)


22. ESTIMASI  KERUGIAN              KOMITMEN         DAN           22. ESTIMATED LOSSES ON COMMITMENT AND
    KONTINJENSI (lanjutan)                                             CONTINGENCIES (continued)

   Bank melakukan penilaian atas transaksi komitmen                    The Bank assesses commitments and contingent
   dan kontinjensi yang mempunyai risiko kredit secara                 transactions that have credit risk collectively and
   kolektif dan individual.                                            individually.

   Manajemen berpendapat bahwa jumlah cadangan                         Management believes that the allowance for
   kerugian penurunan nilai telah memadai pada                         impairment   losses   is   adequate as  of
   tanggal-tanggal 31 Desember 2025 dan 2024.                          December 31, 2025 and 2024.

23. LIABILITAS IMBALAN KERJA                                       23. LIABILITIES FOR EMPLOYEE BENEFITS

   Liabilitas imbalan kerja terdiri atas:                              Liabilities for employee benefits consist of:

                                              31 Desember/        31 Desember/
                                            December 31, 2025   December 31, 2024

   Pemutusan hubungan kerja                       84.357.175          79.392.567                         Work separation scheme
   Penghargaan masa kerja                         19.373.537          13.226.153                               Gratuity for service
   Cuti besar                                      8.005.130           7.319.262                                     Grand leaves
   Kompensasi perjanjian kerja                                                                           Certain time employment
     waktu tertentu                                  830.947                697.448                   agreement compensation
   Total                                         112.566.789         100.635.430                                             Total


   Perhitungan aktuaria atas program pemutusan                         The actuarial calculation for work separation
   hubungan kerja, cuti besar, penghargaan masa kerja                  scheme, grand leaves, gratuity for service and
   dan kompensasi perjanjian kerja waktu tertentu pada                 certain time employment agreement compensation
   tanggal-tanggal 31 Desember 2025 dan 2024                           as of December 31, 2025 and 2024 was prepared by
   dilakukan oleh KKA Enny Diah Awal, aktuaris                         KKA Enny Diah Awal, an independent actuary, in its
   independen, dalam laporannya masing-masing                          reports dated January 30, 2026 and February 10,
   tertanggal 30 Januari 2026 dan 10 Februari 2025.                    2025, respectively.

   a)   Pemutusan Hubungan Kerja (PHK)                                 a)     Work Separation Scheme (PHK)

        Program imbalan pasca kerja Bank disebut                              Post-employment benefits program in the Bank
        dengan Program Pemutusan Hubungan Kerja                               called by Work Separation Scheme Program
        (PHK). Perhitungan PHK dilakukan dengan                               (PHK). The PHK is calculated using the
        menggunakan         asumsi-asumsi      penilaian                      actuarial valuation assumptions on the Bank’s
        aktuaria atas liabilitas Bank berkaitan dengan                        liability related to the allowance for severance,
        cadangan untuk penetapan uang pesangon,                               gratuity and compensation benefits in
        uang penghargaan tanda jasa dan ganti                                 accordance with internal policy of the Bank and
        kerugian sesuai dengan ketentuan internal                             applicable regulations.
        Bank dan peraturan yang berlaku.




                                                            121
Page 724
                                                                   The original financial statements included herein are in the
                                                                                                         Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                     PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                             and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                              (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                      unless otherwise stated)


23. LIABILITAS IMBALAN KERJA (lanjutan)                        23. LIABILITIES       FOR       EMPLOYEE           BENEFITS
                                                                   (continued)

       Perhitungan aktuaria tersebut dilakukan dengan                   The above actuarial calculations are calculated
       menggunakan metode Projected Unit Credit                         using the Projected Unit Credit method with the
       serta   mempertimbangkan         asumsi-asumsi                   following assumptions:
       sebagai berikut:
                                         31 Desember/         31 Desember/
                                       December 31, 2025    December 31, 2024

       Tingkat diskonto tahunan                   6,80%                7,10%                             Annual discount rate
       Tingkat kenaikan upah tahunan
          di masa depan                           8,00%                8,50%                Annual future salary’s growth rate
       Tingkat kematian                        TMI 2019             TMI 2019                                     Mortality rate
       Tingkat cacat                         10% dari/of          10% dari/of                                   Disability rate
                                               TMI 2019             TMI 2019
       Usia pensiun normal                 56 tahun/year        56 tahun/year                          Normal retirement age
       Tingkat pengunduran diri                 Usia/age             Usia/age                              Resignation rate
                                           15-29: 6,00%         15-29: 6,00%
                                                Usia/age             Usia/age
                                           30-34: 3,00%         30-34: 3,00%
                                                Usia/age             Usia/age
                                           35-39: 1,80%         35-39: 1,80%
                                                Usia/age             Usia/age
                                           40-50: 1,20%         40-50: 1,20%
                                                Usia/age             Usia/age
                                           51-52: 0,60%         51-52: 0,60%
                                                Usia/age             Usia/age
                                                                                 ]
                                             >52: 0,00%           >52: 0,00%

       Mutasi atas liabilitas PHK masing-masing pada                    The movements of liabilities for PHK as of
       tanggal 31 Desember 2025 dan 2024 adalah                         December 31, 2025 and 2024, respectively, are
       sebagai berikut:                                                 as follows:
                                         31 Desember/         31 Desember/
                                       December 31, 2025    December 31, 2024

       Saldo awal                            79.392.567           70.124.463                               Beginning balance
       Beban yang diakui pada                                                                         Expense recognized in
         tahun berjalan (Catatan 29)         16.847.119           18.747.895                     the current year (Note 29)
       Pengukuran kembali atas
         liabilitas PHK                       (5.219.880)          (1.386.772)          Remeasurement on liabilities for PHK
       Pembayaran manfaat aktual              (6.662.631)          (8.093.019)                    Actual benefit payments
       Liabilitas PHK                        84.357.175           79.392.567                              Liabilities for PHK

       Pengukuran kembali atas liabilitas PHK masing-                   Remeasurement of liabilities for PHK as of
       masing pada tanggal 31 Desember 2025 dan                         December 31, 2025 and 2024, respectively, are
       2024 adalah sebagai berikut:                                     as follows:

                                         31 Desember/         31 Desember/
                                       December 31, 2025    December 31, 2024

       Saldo awal                              3.858.233            5.245.005                              Beginning balance
       Keuntungan aktuaria                    (5.219.880)          (1.386.772)                                 Actuarial gain

       Pengukuran kembali atas
         liabilitas PHK                       (1.361.647)          3.858.233         Remeasurement on liabilities for PHK




                                                        122
Page 725
                                                                               The original financial statements included herein are in the
                                                                                                                     Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                  PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                          and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                           (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                   unless otherwise stated)


23. LIABILITAS IMBALAN KERJA (lanjutan)                                    23. LIABILITIES            FOR        EMPLOYEE        BENEFITS
                                                                               (continued)

   a)   Pemutusan Hubungan Kerja (PHK) (lanjutan)                              a)    Work Separation Scheme (PHK) (continued)

        Perhitungan beban PHK untuk tahun yang                                       The calculation of PHK expenses for the years
        berakhir pada tanggal-tanggal 31 Desember                                    period ended December 31, 2025 and 2024,
        2025 dan 2024 sesuai dengan perhitungan                                      based on actuarial calculation are as follows:
        aktuaria adalah sebagai berikut:
                                                    Tahun yang berakhir pada
                                                      tanggal 31 Desember/
                                                    Year ended December 31,

                                                     2025                     2024

        Biaya jasa kini                             11.441.923                11.394.583                                  Current service cost
        Biaya bunga                                  5.400.349                 4.559.379                                         Interest cost
        Biaya jasa lalu                                  4.847                         -                                    Past servise cost
        Beban pesangon                                       -                 2.793.933                                  Severance expense
        Beban PHK (Catatan 29)                      16.847.119                18.747.895                             PHK expense (Note 29)


        Mutasi nilai kini liabilitas PHK adalah sebagai                              The movements in the present value of liabilities
        berikut:                                                                     for PHK are as follows:

                                             31 Desember/                 31 Desember/
                                           December 31, 2025            December 31, 2024

        Saldo awal                                  79.392.567                70.124.463                                   Beginning balance
        Biaya jasa kini                             11.441.923                11.394.583                                  Current service cost
        Biaya bunga                                  5.400.349                 4.559.379                                         Interest cost
        Biaya jasa lalu                                  4.847                         -                                    Past servise cost
        Beban pesangon                                       -                 2.793.933                                  Severance expense
        Keuntungan aktuaria                         (5.219.880)               (1.386.772)                                       Actuarial gain
        Pembayaran manfaat                          (6.662.631)               (8.093.019)                                    Benefit payment
        Nilai kini liabilitas PHK                   84.357.175                79.392.567                  Present value of liabilities for PHK


        Analisis sensitivitas untuk asumsi aktuaria                                  The    sensitivity    analysis    for   actuarial
        liabilitas PHK adalah sebagai (tidak diaudit):                               assumptions of liabilities for PHK are as follows
                                                                                     (unaudited):
                                    31 Desember/December 31, 2025         31 Desember/December 31, 2024
                                                                                     _______

                                                      Nilai kini atas                          Nilai kini atas
                                    Perubahan         liabilitas PHK/       Perubahan          liabilitas PHK/
                                    persentase/       Present value         persentase/        Present value
                                     Change in             of PHK            Change in              of PHK
                                    percentage           liabilities        percentage            liabilities
                                                                                     _______

        Tingkat diskonto                   +1,0%         (76.880.227)               +1,0%        (72.611.772 )                    Discount rate
                                           -1,0%          93.012.007                -1,0%         87.236.801
        Tingkat kenaikan upah              +1,0%          92.801.921                +1,0%         87.728.770                Salary increase rate
                                           -1,0%         (76.912.524)               -1,0%        (72.017.324 )

        Jadwal jatuh tempo dari liabilitas PHK pada                                  The maturity profile of liabilities for PHK in future
        tahun mendatang adalah sebagai berikut (tidak                                years are as follows (unaudited):
        diaudit):
                                             31 Desember/                 31 Desember/
                                           December 31, 2025            December 31, 2024

        < 1 tahun                                    11.085.954                6.433.287                                              < 1 year
        ≥ 1 tahun - 5 tahun                          16.830.358               25.505.261                                    ≥ 1 year - 5 years
        > 5 tahun                                 1.343.646.630            1.456.429.465                                            > 5 years

        Total                                     1.371.562.942            1.488.368.013                                                 Total


                                                                 123
Page 726
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                       PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                        unless otherwise stated)


23. LIABILITAS IMBALAN KERJA (lanjutan)                          23. LIABILITIES       FOR       EMPLOYEE           BENEFITS
                                                                     (continued)

   b)   Cuti besar                                                   b)    Grand leaves

        Perhitungan aktuaria atas cuti besar dilakukan                     The actuarial calculation for grand leaves are
        dengan menggunakan metode Projected Unit                           calculated using the Projected Unit Credit
        Credit serta mempertimbangkan asumsi-                              method with the following assumptions:
        asumsi sebagai berikut:

                                           31 Desember/         31 Desember/
                                         December 31, 2025    December 31, 2024

        Tingkat diskonto tahunan                    5,30%                 7,00%                            Annual discount rate
        Tingkat kenaikan gaji tahunan
           di masa depan                            8,00%                8,50%                Annual future salary’s growth rate
        Tingkat kematian                         TMI 2019             TMI 2019                                     Mortality rate
        Tingkat cacat                          10% dari/of          10% dari/of                                   Disability rate
                                                 TMI 2019             TMI 2019
        Tingkat pengunduran diri                 Usia/age             Usia/age                                  Resignation rate
                                             15-29: 6,00%         15-29: 6,00%
                                                 Usia/age             Usia/age
                                             30-34: 3,00%         30-34: 3,00%
                                                 Usia/age             Usia/age
                                             35-39: 1,80%         35-39: 1,80%
                                                 Usia/age             Usia/age
                                             40-50: 1,20%         40-50: 1,20%
                                                 Usia/age             Usia/age
                                             51-52: 0,60%         51-52: 0,60%
                                                 Usia/age             Usia/age
                                               >52: 0,00%           >52: 0,00%

        Mutasi liabilitas atas cuti besar masing-masing                    The movements of liabilities for grand leaves as
        pada tanggal 31 Desember 2025 dan 2024                             of December 31, 2025 and 2024, respectively,
        adalah sebagai berikut:                                            are as follows:

                                           31 Desember/         31 Desember/
                                         December 31, 2025    December 31, 2024

        Saldo awal                              7.319.262            6.767.969                             Beginning balance
        Beban yang diakui pada tahun                                                         Expense recognized in the current
          berjalan (Catatan 29)                  2.665.988            2.864.872                              year (Note 29)
        Pembayaran manfaat aktual               (1.980.120)          (2.313.579)                      Actual benefit payments

        Liabilitas cuti besar                   8.005.130            7.319.262                     Liabilities for grand leaves


        Beban cuti besar untuk tahun yang berakhir                         Grand leaves expense for the years ended
        pada tanggal-tanggal 31 Desember 2025 dan                          December 31, 2025 and 2024, based on
        2024 berdasarkan perhitungan aktuaria adalah                       actuarial calculation are as follows:
        sebagai berikut:

                                               Tahun yang berakhir pada
                                                 tanggal 31 Desember/
                                               Year ended December 31,

                                                2025                2024

        Biaya jasa kini                         2.339.928            2.718.605                              Current service cost
        Beban bunga                               443.044              359.115                                 Interest expense
        Keuntungan aktuaria                      (116.984)            (212.848)                                   Actuarial gain
        Beban cuti besar (Catatan 29)           2.665.988            2.864.872               Grand leaves expense (Note 29)




                                                          124
Page 727
                                                                                     The original financial statements included herein are in the
                                                                                                                           Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                        PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                                     NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                      As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                                and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                                 (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                         unless otherwise stated)


23. LIABILITAS IMBALAN KERJA (lanjutan)                                          23. LIABILITIES              FOR          EMPLOYEE         BENEFITS
                                                                                     (continued)

   b)   Cuti besar (lanjutan)                                                        b)    Grand leaves (continued)

        Analisis sensitivitas untuk asumsi aktuaria                                        Sensitivity analysis for actuarial assumptions of
        liabilitas cuti besar adalah sebagai berikut (tidak                                liabilities for grand leaves are as follows
        diaudit):                                                                          (unaudited):

                                        31 Desember/December 31, 2025            31 Desember/December 31, 2024
                                                                                            _______


                                                          Nilai kini atas                              Nilai kini atas
                                                          liabilitas cuti                              liabilitas cuti
                                        Perubahan              besar/             Perubahan                 besar/
                                        persentase/      Present value            persentase/         Present value
                                         Change in       of liabilities for        Change in          of liabilities for
                                        percentage        grand leaves            percentage           grand leaves
                                                                                            _______


        Tingkat diskonto                       +1,0%          (7.863.539)                 +1,0%            (7.179.690 )                      Discount rate
                                               -1,0%           8.151.923                  -1,0%             7.464.009
        Tingkat kenaikan upah                  +1,0%           8.146.656                  +1,0%             7.460.645                  Salary increase rate
                                               -1,0%          (7.865.950)                 -1,0%            (7.180.327 )

        Jadwal jatuh tempo dari liabilitas cuti besar                                      The maturity profile of liabilities for grand leaves
        pada tahun mendatang adalah sebagai berikut                                        in future years are as follows (unaudited):
        (tidak diaudit):

                                                 31 Desember/                   31 Desember/
                                               December 31, 2025              December 31, 2024

        < 1 tahun                                        2.539.908                   2.015.570                                                   < 1 year
        ≥ 1 - 5 tahun                                   11.866.122                  12.490.123                                         ≥ 1 year - 5 years
        > 5 tahun                                        3.233.442                   2.322.082                                                 > 5 years

        Total                                           17.639.472                  16.827.775                                                      Total


   c)   Penghargaan masa kerja                                                       c)    Gratuity for services

        Perhitungan aktuaria atas penghargaan masa                                         The actuarial calculation of gratuity for services
        kerja dilakukan dengan menggunakan metode                                          are calculated using the Projected Unit Credit
        Projected Unit Credit serta mempertimbangkan                                       method with the following assumptions:
        asumsi-asumsi sebagai berikut:

                                                 31 Desember/                   31 Desember/
                                               December 31, 2025              December 31, 2024

        Tingkat diskonto tahunan                              6,80%                       7,10%                                     Annual discount rate
        Tingkat kenaikan gaji tahunan
           di masa depan                                     8,00%                       8,50%                         Annual future salary’s growth rate
        Tingkat kenaikan harga emas                        10,00%                      10,00%                                     Gold price growth rate
        Tingkat kematian                                  TMI 2019                    TMI 2019                                              Mortality rate
        Tingkat cacat                                   10% dari/of                 10% dari/of                                            Disability rate
                                                          TMI 2019                    TMI 2019
        Tingkat pengunduran diri                          Usia/age                    Usia/age                                          Resignation rate
                                                      15-29: 6,00%                15-29: 6,00%
                                                          Usia/age                    Usia/age
                                                      30-34: 3,00%                30-34: 3,00%
                                                          Usia/age                    Usia/age
                                                      35-39: 1,80%                35-39: 1,80%
                                                          Usia/age                    Usia/age
                                                      40-50: 1,20%                40-50: 1,20%
                                                          Usia/age                    Usia/age
                                                      51-52: 0,60%                51-52: 0,60%
                                                          Usia/age                    Usia/age
                                                        >52: 0,00%                  >52: 0,00%




                                                                      125
Page 728
                                                                                   The original financial statements included herein are in the
                                                                                                                         Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                      PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                                   NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                    As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                              and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                               (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                       unless otherwise stated)


23. LIABILITAS IMBALAN KERJA (lanjutan)                                        23. LIABILITIES             FOR          EMPLOYEE         BENEFITS
                                                                                   (continued)

   c)   Penghargaan masa kerja (lanjutan)                                          c)    Gratuity for services (continued)
        Mutasi untuk liabilitas atas penghargaan masa                                    The movements of liabilities for gratuity for
        kerja pada tanggal-tanggal 31 Desember 2025                                      services as of December 31, 2025 and 2024 are
        dan 2024 adalah sebagai berikut:                                                 as follows:
                                                31 Desember/                  31 Desember/
                                              December 31, 2025             December 31, 2024

        Saldo awal                                    13.226.153                  10.890.113                                     Beginning balance
        Beban yang diakui pada tahun                                                                               Expense recognized in the current
          berjalan (Catatan 29)                        6.414.688                    2.645.530                                      year (Note 29)
        Pembayaran manfaat aktual                       (267.304)                    (309.490)                              Actual benefit payments

        Liabilitas penghargaan masa kerja             19.373.537                  13.226.153                    Liabilities for gratuity for services


        Beban penghargaan masa kerja untuk tahun                                         Gratuity for services expense for the year ended
        yang berakhir pada tanggal 31 Desember 2025                                      December 31, 2025 and 2024 based on
        dan 2024 berdasarkan perhitungan aktuaria                                        actuarial calculation are as follows:
        adalah sebagai berikut:
                                                     Tahun yang berakhir pada
                                                       tanggal 30 Desember/
                                                     Year ended December 31,

                                                      2025                        2024

        Biaya jasa kini                                2.715.215                    2.257.062                                     Current service cost
        Beban bunga                                      929.568                      740.740                                        Interest expense
        Kerugian/(keuntungan) aktuaria                 2.769.905                     (352.272)                                    Actuarial loss/(gain)

        Beban penghargaan masa kerja                                                                                    Gratuity for services expense
          (Catatan 29)                                 6.414.688                    2.645.530                                              (Note 29)


        Analisis sensitivitas untuk asumsi aktuaria                                      Sensitivity analysis for actuarial assumptions of
        liabilitas penghargaan masa kerja adalah                                         liabilities for gratuity for services are as follows
        sebagai berikut (tidak diaudit):                                                 (unaudited):

                                    31 Desember/December 31, 2025              31 Desember/December 31, 2024
                                                                                         _______

                                                        Nilai kini atas                             Nilai kini atas
                                                           liabilitas                                  liabilitas
                                                        penghargaan                                 penghargaan
                                                         masa kerja/                                 masa kerja/
                                       Perubahan       Present value            Perubahan          Present value
                                       persentase/     of liabilities for       persentase/        of liabilities for
                                        Change in        gratuity for            Change in           gratuity for
                                       percentage          services             percentage             services
                                                                                         _______

        Tingkat diskonto                     +1,0%        (16.896.613)                  +1,0%         (11.607.852 )                       Discount rate
                                             -1,0%         22.342.139                   -1,0%          15.162.355
        Tingkat kenaikan upah                +1,0%         22.274.169                   +1,0%          14.188.231                   Salary increase rate
                                             -1,0%        (16.903.172)                  -1,0%         (12.394.254 )

        Jadwal jatuh tempo dari liabilitas penghargaan                                   The maturity profile of liabilities for gratuity for
        masa kerja pada tahun mendatang adalah                                           services in future years are as follows
        sebagai berikut (tidak diaudit):                                                 (unaudited):
                                                31 Desember/                  31 Desember/
                                              December 31, 2025             December 31, 2024

        ≤ 1 tahun                                        507.372                     748.627                                                  ≤ 1 year
        > 1 - 5 tahun                                  3.015.292                   1.990.010                                        > 1 year - 5 years
        > 5 tahun                                    260.345.584                 190.674.105                                                > 5 years
        Total                                        263.868.248                 193.412.742                                                     Total

                                                                    126
Page 729
                                                                    The original financial statements included herein are in the
                                                                                                          Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                      PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                              and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                               (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                       unless otherwise stated)


23. LIABILITAS IMBALAN KERJA (lanjutan)                         23. LIABILITIES        FOR      EMPLOYEE           BENEFITS
                                                                    (continued)

   d)   Kompensasi perjanjian kerja waktu tertentu                  d)     Certain   time       employment         agreement
                                                                           compensation

        Perhitungan kompensasi Perjanjian Kerja                            The actuarial calculation for certain time
        Waktu Tertentu (PKWT) dilakukan dengan                             employment agreement compensation (PKWT)
        menggunakan metode proporsional.                                   are calculated using the proportional method.

        Mutasi liabilitas atas kompensasi PKWT pada                        The movements of allowance for PKWT
        tanggal 31 Desember 2025 dan 2024 adalah                           compensation as of December 31, 2025 and
        sebagai berikut:                                                   2024 are as follows:

                                          31 Desember/         31 Desember/
                                        December 31, 2025    December 31, 2024

        Saldo awal                               697.448                 959.696                           Beginning balance
        Beban yang diakui pada tahun                                                                Expense recognized in the
          berjalan (Catatan 29)                   462.759             584.958                        current year (Note 29)
        Pembayaran manfaat aktual                (329.260)           (847.206)                        Actual benefit payments
        Liabilitas PKWT                          830.947                 697.448                          Liabilities for PKWT


        Beban kompensasi PKWT untuk tahun yang                             PKWT compensation expense for the years
        berakhir pada tanggal 31 Desember 2025 dan                         ended December 31, 2025 and 2024 based on
        2024 berdasarkan perhitungan aktuaria adalah                       actuarial calculation are as follows:
        sebagai berikut:

                                              Tahun yang berakhir pada
                                                tanggal 30 Desember/
                                              Year ended December 31,

                                               2025                2024

        Biaya jasa kini                          462.759                 658.733                           Current service cost
        Keuntungan aktuaria                            -                 (73.775)                                Actuarial gain

        Beban PKWT                                                                                             PKWT expense
          (Catatan 29)                           462.759                 584.958                                 (Note 29)


        Jadwal jatuh tempo dari liabilitas kompensasi                      The maturity profile of certain time employment
        perjanjian kerja waktu tertentu pada tahun                         agreement compensation liability in future years
        mendatang adalah sebagai berikut (tidak                            are as follows (unaudited):
        diaudit):
                                          31 Desember/         31 Desember/
                                        December 31, 2025    December 31, 2024

        ≤ 1 tahun                               1.029.534                661.604                                       ≤ 1 year
        > 1 - 5 tahun                             202.583                324.139                             > 1 year - 5 years

        Total                                   1.232.117                985.743                                          Total


   e)   Program pensiun iuran pasti                                 e)     Defined contribution pension plan

        Bank menyelenggarakan program pensiun                              The Bank defined contribution pension plan for
        iuran pasti untuk seluruh karyawan tetapnya                        all of its permanent employees is managed by
        yang dikelola oleh Dana Pensiun Lembaga                            Dana Pensiun Lembaga Keuangan (DPLK)
        Keuangan (DPLK) PT Bank Rakyat Indonesia                           PT Bank Rakyat Indonesia (Persero) Tbk
        (Persero) Tbk (pihak berelasi - Catatan 33).                       (related party - Note 33).



                                                        127
Page 730
                                                                              The original financial statements included herein are in the
                                                                                                                    Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                 PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                               As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                         and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                          (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                  unless otherwise stated)


23. LIABILITAS IMBALAN KERJA (lanjutan)                                  23. LIABILITIES          FOR       EMPLOYEE             BENEFITS
                                                                             (continued)

   e)      Program pensiun iuran pasti (lanjutan)                             e)     Defined contribution pension plan (continued)

           Jumlah kontribusi Bank untuk dana pensiun                                 The Bank’s contribution for pension plan is
           adalah sebesar 85,11% dari iuran yang sudah                               85.11% of predetermined contribution based on
           ditetapkan berdasarkan tingkat dari masing-                               the level of each employee, which presented as
           masing karyawan yang disajikan sebagai                                    part of “Salaries and Allowances Expense” in
           bagian dari “Beban Gaji dan Tunjangan” dalam                              the statement of profit or loss and other
           laporan    laba    rugi   dan    penghasilan                              comprehensive income.
           komprehensif lain.

           Untuk tahun yang berakhir pada tanggal                                    For the years ended December 31, 2025 and
           31 Desember 2025 dan 2024, besaran iuran                                  2024, the contribution that has been paid by the
           yang telah dibayarkan oleh Bank masing-                                   Bank    amounted       to    Rp1,169,268    and
           masing sebesar Rp1.169.268 dan Rp1.108.512                                Rp1,108,512, respectively (Note 29).
           (Catatan 29).

24. LIABILITAS LAIN-LAIN                                                 24. OTHER LIABILITIES
                                        31 Desember/December 31, 2025     31 Desember/December 31, 2024
                                                                                    _______

                                       Jumlah nosional                   Jumlah nosional
                                       mata uang asing/                  mata uang asing/
                                       Notional amount    Ekuivalen      Notional amount      Ekuivalen
                                       foreign currency    Rupiah/       foreign currency      Rupiah/
                                        (Angka penuh/      Rupiah         (Angka penuh/        Rupiah
                                         Full amount)     Equivalent       Full amount)       Equivalent
                                                                                    _______

   Pihak ketiga                                                                                                                     Third parties
   Rupiah                                                                                                                                 Rupiah
      Rekening penampungan Kredit                                                                                            Program Loans
         Program                                           54.551.424                          59.979.012                 escrow account
      Insentif dan tunjangan kerja                         45.812.024                          52.672.586   Incentives and work allowances
      Liabilitas sewa                                      27.392.294                          39.870.121                    Lease liabilities
      Bonus dan tantiem                                    20.070.120                          27.826.225              Bonuses and tantiem
      Bunga yang masih harus dibayar                       15.723.684                          13.281.027                  Interest payables
      Cadangan perkara dan kerugian                                                                               Provision for litigation and
         operasional (Catatan 38)                            8.831.012                         23.481.491    operational losses (Note 38)
      Setoran jaminan                                           48.650                             47.750               Guarantee deposits
      Lain-lain                                              8.255.248                         18.622.363                               Others

                                                          180.684.456                         235.780.575

   Dolar Amerika Serikat                                                                                                  United States Dollar
     Bunga yang masih harus dibayar               222           3.696                 226           3.635                  Interest payables
     Lain-lain                                 11.756         196.035              11.202         180.296                             Others

                                                              199.731                             183.931

   Total                                                  180.884.187                         235.964.506                                  Total


   Rekening penampungan Kredit Program merupakan                              The Program Loan escrow account is an installment
   rekening penampungan angsuran atas penyaluran                              escrow account for the distribution of housing loans
   pembiayaan perumahan yang akan disetorkan                                  that will be paid to the Government of the Republic
   kepada Pemerintah Republik Indonesia. Bank                                 of Indonesia. The Bank cooperates with the Ministry
   bekerja sama dengan Kementerian Pekerjaan                                  of Public Works and People’s Housing (Kemen
   Umum dan Perumahan Rakyat (Kemen PUPR)                                     PUPR) in distributing Liquidity Facility of Housing
   Republik Indonesia dalam penyaluran dana Fasilitas                         Loans (FLPP) funds in order to finance houses
   Likuiditas Pembiayaan Perumahan (FLPP) dalam                               through KPR Sejahtera for low-income communities.
   rangka perolehan rumah melalui KPR Sejahtera bagi                          In accordance with the Operating Cooperation
   masyarakat berpenghasilan rendah. Sesuai dengan                            Agreement (PKO) between the Center for Housing
   Perjanjian Kerjasama Operasi (PKO) antara Pusat                            Financing Fund Management (PPDPP) Ministry of
   Pengelolaan Dana Pembiayaan Perumahan                                      Public Works and People's Housing of Kemen PUPR
   (PPDPP)      Kemen     PUPR      dengan     Bank                           with the Bank No. 14/PKS/Pg/2020, the composition
   No.      14/PKS/Pg/2020,    komposisi     sharing                          of sharing financing are 25% of the Bank’s funds and
   pembiayaan tersebut adalah sebesar 25% dana                                75% of Kemen PUPR funds.
   Bank dan 75% dana Kemen PUPR.

                                                                  128
Page 731
                                                                          The original financial statements included herein are in the
                                                                                                                Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                              As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                        and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                         (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                 unless otherwise stated)


25. EKUITAS                                                          25. EQUITY
   Modal saham                                                            Share capital
   Rincian pemegang saham Bank dan kepemilikannya                         The details of the Bank’s shareholders and their
   pada tanggal-tanggal 31 Desember 2025 dan 2024                         ownerships as of December 31, 2025 and 2024, are
   adalah sebagai berikut:                                                as follows:
                                                       31 Desember/December 31, 2025

                                      Total lembar saham
                                         ditempatkan            Persentase
                                      dan disetor penuh/       kepemilikan/
                                       Number of shares        Percentage of
              Pemegang saham         issued and fully paid      ownership                Total                   Shareholders

   PT Bank Rakyat Indonesia                                                                                  PT Bank Rakyat Indonesia
      (Persero) Tbk                       21.487.162.037              86,850%           2.148.716.204                 (Persero) Tbk
   Direksi                                                                                                           Board of Directors
      Lukman Hakim                               100.000                0,000%                   10.000              Lukman Hakim
   Dewan Komisaris                                                                                             Board of Commissioners
      Muhamad Sidik Heruwibowo                      8.900               0,000%                     890    Muhamad Sidik Heruwibowo
   Masyarakat (masing-masing
      dibawah 5%)                          3.187.553.757              12,885%             318.755.375            Public (each below 5%)
                                          24.674.824.694              99,735%           2.467.482.469
   Saham treasuri (Catatan 1e)                65.669.600                0,265%              6.566.960          Treasury stock (Notes 1e)
   Total                                  24.740.494.294             100,000%           2.474.049.429                             Total


                                                       31 Desember/December 31, 2024

                                      Total lembar saham
                                         ditempatkan            Persentase
                                      dan disetor penuh/       kepemilikan/
                                       Number of shares        Percentage of
              Pemegang saham         issued and fully paid      ownership                Total                   Shareholders

   PT Bank Rakyat Indonesia                                                                                   PT Bank Rakyat Indonesia
      (Persero) Tbk                       21.487.162.037              86,850%           2.148.716.204                 (Persero) Tbk
   Direksi                                                                                                           Board of Directors
      Lukman Hakim                               100.000                0,000%                   10.000              Lukman Hakim
   Masyarakat (masing-masing
      dibawah 5%)                          3.230.414.657              13,058%             323.041.465            Public (each below 5%)
                                          24.717.676.694              99,908%           2.471.767.669
   Saham treasuri (Catatan 1e)                22.817.600                0,092%              2.281.760          Treasury stock (Notes 1e)
   Total                                  24.740.494.294             100,000%           2.474.049.429                             Total


   Cadangan                                                               Reserves
   1)      Cadangan Khusus                                                1)     Specific Reserve
           Merupakan cadangan yang bertujuan untuk                               Represent reserves provided for employees'
           jaminan sosial pegawai yang dibentuk sesuai                           social security, in compliance with the decision
           dengan Keputusan Rapat Umum Tahunan                                   of Shareholders' Annual General Meeting held
           Pemegang Saham tanggal 19 Mei 1992.                                   on May 19, 1992.
   2)      Cadangan Umum dan Wajib                                        2)     General and Legal Reserve
           Cadangan umum dan wajib pada awalnya                                  The general and legal reserves are originally
           dibentuk dalam rangka memenuhi ketentuan                              provided in accordance with Law No. 1/1995
           Pasal 61 ayat (1) Undang-undang No. 1/1995                            article 61 (1) on Limited Liability Company (later
           mengenai Perseroan Terbatas (kemudian                                 superseded by Limited Liability Company Law
           diganti dengan Undang-undang Perseroan                                No. 40/2007), which requires Indonesian
           Terbatas No. 40/2007), yang mengharuskan                              companies to set up a general and legal reserve
           perusahaan    Indonesia    untuk   membuat                            amounting to at least 20% of the issued and
           penyisihan cadangan umum dan wajib sebesar                            paid-in capital. This particular law does not
           sekurang-kurangnya 20% dari jumlah modal                              regulate the period of time in relation to the
           yang ditempatkan dan disetor penuh. Undang-                           provision of such reserves.
           undang tersebut tidak mengatur jangka waktu
           untuk pembentukan penyisihan tersebut.
                                                              129
Page 732
                                                              The original financial statements included herein are in the
                                                                                                    Indonesian language.

       PT BANK RAYA INDONESIA Tbk                                 PT BANK RAYA INDONESIA Tbk
    CATATAN ATAS LAPORAN KEUANGAN                              NOTES TO THE FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                               As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                         and for the Year Then Ended
        (Disajikan dalam ribuan Rupiah,                          (Expressed in thousands of Rupiah,
            kecuali dinyatakan lain)                                  unless otherwise stated)


26. PENDAPATAN BUNGA                                       26. INTEREST INCOME

                                           Tahun yang berakhir pada
                                             tanggal 31 Desember/
                                           Year ended December 31,

                                            2025             2024

  Rupiah                                                                                                        Rupiah
  Kredit yang diberikan                                                                                            Loans
    Menengah                              247.378.534       282.282.039                                        Middle
    Konsumer                              291.443.710       162.314.387                                    Consumer
    Mikro                                 205.481.106       142.546.516                                         Micro
    Ritel                                 100.997.719       122.431.082                                         Retail
  Efek-efek                                                                                                   Securities
    Nilai wajar melalui laba rugi                                                    Fair value through profit or loss
       Obligasi pemerintah                 23.797.463        25.166.578                        Government bonds
       Obligasi                             4.358.248         4.569.385                                     Bonds
    Nilai wajar melalui penghasilan                                                          Fair value through other
       komprehensif lain                                                                   comprehensive income
       Obligasi pemerintah                114.160.507        96.594.852                        Government bonds
       Sekuritas Rupiah Bank Indonesia     22.775.049        31.320.765          Bank Indonesia Rupiah Securities
       Obligasi                            15.898.452        11.318.939                                     Bonds
       Negotiable Certificate Deposit         372.301                 -             Negotiable Certificate Deposit
    Biaya perolehan diamortisasi                                                                      Amortized cost
       Obligasi pemerintah                131.911.522       116.262.609                        Government bonds
       Obligasi                             4.544.000        11.544.884                                     Bonds
       Medium-Term Notes                    1.094.693         1.162.622                       Medium-Term Notes
  Efek-efek yang dibeli dengan                                                              Securities purchased under
    janji dijual kembali                      210.371         4.318.279                           agreement to resell
  Penempatan pada Bank Indonesia                                                       Placements with Bank Indonesia
    dan bank lain                                                                                    and other banks
    Deposit facility                       16.011.768        17.239.299                                Deposit facility
    Inter-bank call money                     634.160         3.340.310                        Inter-bank call money
    Term deposit                              613.696                 -                                 Term deposit
  Giro pada Bank Indonesia                                                                        Current accounts with
    dan bank lain                           8.430.132         8.300.028             Bank Indonesia and other banks

                                         1.190.113.431     1.040.712.574

  Dolar Amerika Serikat                                                                          United States Dollar
  Kredit yang diberikan                                                                                         Loans
    Menengah                                         -        4.500.122                                       Middle
  Giro pada Bank Indonesia                                                        Current accounts with Bank Indonesia
    dan bank lain                             148.336            48.320                             and other banks

                                              148.336         4.548.442

  Total                                  1.190.261.767     1.045.261.016                                            Total




                                                     130
Page 733
                                                                 The original financial statements included herein are in the
                                                                                                       Indonesian language.

       PT BANK RAYA INDONESIA Tbk                                    PT BANK RAYA INDONESIA Tbk
    CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                  As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                            and for the Year Then Ended
        (Disajikan dalam ribuan Rupiah,                             (Expressed in thousands of Rupiah,
            kecuali dinyatakan lain)                                     unless otherwise stated)


27. BEBAN BUNGA                                               27. INTEREST EXPENSE

                                             Tahun yang berakhir pada
                                               tanggal 31 Desember/
                                             Year ended December 31,

                                              2025              2024

   Rupiah                                                                                                            Rupiah
   Deposito berjangka                       365.976.753        356.486.524                                     Time deposits
   Tabungan                                  48.328.211         39.341.248                                   Saving deposits
   Simpanan dari bank lain                   35.584.686         31.069.193                      Deposits from other banks
   Giro                                      17.657.443          9.150.136                                Demand deposits
   Premi Lembaga Penjamin                                                                   Premium for Indonesia Deposit
      Simpanan                               16.300.125         15.085.082                         Insurance Corporation
   Efek-efek yang dijual dengan                                                            Securities sold under agreement
      janji dibeli kembali                    7.045.743         14.508.289                                  to repurchase
   Liabilitas sewa                            2.319.816          3.353.323                                   Lease liabilities
   Pinjaman yang diterima                       584.645            630.800                                 Fund borrowings

                                            493.797.422        469.624.595

   Dolar Amerika Serikat                                                                             United States Dollar
   Deposito berjangka                           113.960          3.478.409                                   Time deposits
   Giro                                           5.929              9.818                               Demand deposits
   Simpanan dari bank lain                            -            178.823                       Deposits from other banks

                                                119.889          3.667.050

   Total                                    493.917.311        473.291.645                                              Total


28. PENYISIHAN   (PEMBALIKAN)            KERUGIAN             28. PROVISION (REVERSAL) FOR IMPAIRMENT
    PENURUNAN NILAI                                               LOSSES

   Akun ini merupakan penyisihan (pembalikan)                    This account represents provision (reversal) of
   cadangan kerugian penurunan nilai atas aset                   allowance for impairment losses on financial assets
   keuangan (Catatan 2d), aset non-keuangan                      (Note 2d) and non-financial assets (Note 2m) and
   (Catatan 2m) dan komitmen dan kontinjensi, sebagai            commitment and contingencies, as follows:
   berikut:

                                             Tahun yang berakhir pada
                                               tanggal 31 Desember/
                                             Year ended December 31,

                                              2025              2024

   Aset keuangan                                                                                         Financial assets
   Kredit yang diberikan (Catatan 9)        553.467.792        413.074.000                                  Loans (Note 9)
   Giro pada bank lain (Catatan 5)                1.779            (14.696)     Current accounts with other banks (Note 5)
   Efek-efek (Catatan 7)                        (79.123)          (584.427)                             Securities (Note 7)

                                            553.390.448        412.474.877

   Komitmen dan kontinjensi                                                              Commitment and contingencies
     (Catatan 22)                                                                                         (Note 22)
   Fasilitas kredit yang belum
     ditarik                                    222.430         (2.211.051)                             Unused loan facility
   Bank garansi yang diterbitkan                    (46)            (3.198)                             Guarantees issued
                                                222.384         (2.214.249)
   Total                                    553.612.832        410.260.628                                              Total




                                                        131
Page 734
                                                               The original financial statements included herein are in the
                                                                                                     Indonesian language.

       PT BANK RAYA INDONESIA Tbk                                   PT BANK RAYA INDONESIA Tbk
    CATATAN ATAS LAPORAN KEUANGAN                                NOTES TO THE FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                 As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                           and for the Year Then Ended
        (Disajikan dalam ribuan Rupiah,                            (Expressed in thousands of Rupiah,
            kecuali dinyatakan lain)                                    unless otherwise stated)


29. BEBAN GAJI DAN TUNJANGAN                                 29. SALARIES AND ALLOWANCES EXPENSE

                                            Tahun yang berakhir pada
                                              tanggal 31 Desember/
                                            Year ended December 31,

                                             2025              2024

   Gaji                                      95.496.727        91.836.386                                       Salaries
   Tunjangan                                 67.223.480        95.731.007                              Other allowance
   Outsourcing                               29.384.077        24.782.077                                  Outsourcing
   Imbalan kerja (Catatan 23)                26.390.554        24.843.255                    Employee benefits (Note 23)
   Asuransi pegawai                          23.449.875        19.582.591                          Employee insurance
   Bonus dan insentif                        21.706.694        37.764.497                       Bonuses and incentives
   Pendidikan dan pelatihan                   9.312.912         8.472.938                         Education and training
   Lembur                                     5.327.308         4.767.171                                      Overtime
   Program kepemilikan mobil                  4.915.689         5.863.895                        Car ownership program
   Pengobatan                                 1.645.647         4.252.103                                        Medical
   Penerimaan karyawan                        1.244.888           499.184                        Employees recruitment
   Dana pensiun (Catatan 23)                  1.169.268         1.108.512                       Pension funds (Note 23)
   Lain-lain                                    860.176         1.215.937                                         Others

   Total                                    288.127.295       320.719.553                                            Total


   Jumlah gaji dan tunjangan untuk Direksi Bank                Total salaries and allowances for the Bank’s Board
   adalah sebesar Rp16.835.880 dan Rp16.052.052,               of Directors amounted to Rp16,835,880 and
   masing-masing untuk tahun yang berakhir pada                Rp16,052,052 for the years ended December 31,
   tanggal 31 Desember 2025 dan 2024, sedangkan                2025 and 2024, respectively, while the total salaries
   jumlah gaji dan tunjangan untuk Dewan Komisaris             and allowances for the Bank’s Board of
   Bank     adalah    sebesar    Rp6.157.743   dan             Commissioners amounted to Rp6,157,743 and
   Rp5.721.855, masing-masing untuk tahun yang                 Rp5,721,855 for the years ended December 31,
   berakhir pada tanggal 31 Desember 2025 dan 2024             2025 and 2024, respectively (Note 33).
   (Catatan 33).

   Jumlah tantiem, bonus dan insentif Direksi, Dewan           Total tantiem, bonuses and incentives for the Board
   Komisaris dan karyawan kunci Bank yang                      of Directors, Board of Commissioners and key
   dibayarkan adalah sebesar Rp2.554.845, dan                  employees of the Bank amounted to Rp2,554,845
   Rp3.220.411, masing-masing untuk tahun yang                 and Rp3,220,411 for the years ended December 31,
   berakhir pada tanggal 31 Desember 2025 dan                  2025 and 2024, respectively (Note 33).
   2024 (Catatan 33).




                                                       132
Page 735
                                                               The original financial statements included herein are in the
                                                                                                     Indonesian language.

       PT BANK RAYA INDONESIA Tbk                                  PT BANK RAYA INDONESIA Tbk
    CATATAN ATAS LAPORAN KEUANGAN                               NOTES TO THE FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                          and for the Year Then Ended
        (Disajikan dalam ribuan Rupiah,                           (Expressed in thousands of Rupiah,
            kecuali dinyatakan lain)                                   unless otherwise stated)


30. BEBAN UMUM DAN ADMINISTRASI                             30. GENERAL AND ADMINISTRATIVE EXPENSES

                                            Tahun yang berakhir pada
                                              tanggal 31 Desember/
                                            Year ended December 31,

                                             2025             2024

   Iklan dan promosi                         77.762.452       49.519.656                   Advertisement and promotion
   Penyusutan dan amortisasi (Catatan 11)    73.389.783       65.892.363         Depreciation and amortization (Note 11)
   Jasa berlangganan                         57.156.558       32.390.788                             Subsciption services
   Asuransi                                  27.151.717       14.301.588                                          Insurance
   Kerjasama penyaluran kredit               21.628.486       18.856.001               Partnership disbursement of loan
   Honorarium tenaga ahli                    15.812.432       24.456.916                                 Professional fees
   Perjalanan dinas                          11.788.204       11.793.024                                     Official travels
   Biaya pungutan Otoritas Jasa Keuangan      6.217.739        4.942.129                Financial Service Authority fees
   Pemeliharaan dan perbaikan                 6.033.529        6.158.133                        Repair and maintenance
   Pemeliharaan sistem                        5.596.833        4.884.630                            System maintenance
   Jasa layanan gedung kantor                 5.362.702        5.594.666                          Office building services
   Transportasi dan pengiriman                5.349.257        4.942.111                     Transportation and delivery
   Keperluan kantor dan rapat                 4.434.702        5.477.036                     Office and meeting supplies
   Pengolahan data                            4.104.525        3.191.773                                  Data Processing
   Sewa                                       3.930.066        5.391.440                                                Rent
   Representasi                               3.894.945        5.050.694                                   Representation
   Listrik, air dan gas                       3.321.300        3.973.606                        Electricity, water and gas
   Kegiatan pegawai                           3.123.690        1.986.194                               Employees events
   Pajak dan perijinan                        2.042.136        2.054.138                              Taxes and licenses
   Alat tulis dan fotokopi                    1.740.903        1.993.664                    Photocopies and stationeries
   Telepon dan faksimili                      1.583.155        1.594.539                         Telephone and facsimile
   Barang cetakan                             1.532.126        1.989.372                                 Printed materials
   Biaya premi program
      restrukturisasi perbankan               1.190.124                -        Banking Restructuring Program Premium
   Penyelesaian kredit                          672.235        5.384.451                                Loans settlement
   Transaksi ATM                                493.735          928.561                                ATM transactions
   (Pembalikan)/cadangan perkara                                                                   (Reversal)/provision for
      dan kerugian operasional               (2.668.420)      28.844.889               litigation and operational losses
   Lain-lain                                  4.873.697        3.559.726                                            Others

   Total                                    347.518.611      315.152.088                                               Total


31. PENDAPATAN NON OPERASIONAL - NETO                       31. NON-OPERATING INCOME - NET

                                            Tahun yang berakhir pada
                                              tanggal 31 Desember/
                                            Year ended December 31,

                                             2025             2024

   Pendapatan bagi hasil                      5.490.037        5.461.657                                    Rent revenue
   Keuntungan penjualan                                                                     Gain on sale of premises and
     aset tetap (Catatan 11)                   661.247            263.321                         equipment (Note 11)
   Lain-lain - neto                            970.886         (2.758.992)                                   Others - net
   Total                                      7.122.170        2.965.986                                               Total




                                                      133
Page 736
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                        PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                      As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                 (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                         unless otherwise stated)


32. LABA PER SAHAM                                              32. EARNINGS PER SHARE

   Perhitungan laba per saham pada tanggal-tanggal                   The computation of earnings per share as of
   31 Desember 2025 dan 2024 adalah sebagai                          December 31, 2025 and 2024 are as follows:
   berikut:

                                              Tahun yang berakhir pada
                                                tanggal 31 Desember/
                                              Year ended December 31,

                                               2025                  2024
   Laba tahun berjalan                       (498.612.948)           50.891.770                                 Income for the year

   Jumlah rata-rata tertimbang saham                                                                  Weighted average number of
     biasa yang beredar                    24.683.114.947      24.740.494.294                               outstanding shares
   Laba bersih
     per saham dasar (Rupiah penuh)                (20,20)                    2,06         Basic earnings per share (full Rupiah)


   Bank tidak memiliki potensi saham yang bersifat                   The Bank have no dilutive potential shares for the
   dilutif untuk tahun yang berakhir pada tanggal                    year ended December 31, 2025 and 2024.
   31 Desember 2025 dan 2024.


33. TRANSAKSI PIHAK-PIHAK BERELASI                              33. TRANSACTIONS WITH RELATED PARTIES

   Dalam kegiatan normal usaha, Bank melakukan                       In the normal course of business, the Bank engages
   transaksi dengan pihak berelasi karena hubungan                   in transactions with related parties due to the
   kepemilikan dan/atau kepengurusan.                                relationship of ownership and/or management.

   Pihak-pihak berelasi Bank dan jenis hubungannya                   Related parties of the Bank and the type of
   adalah sebagai berikut:                                           relationship are as follows:

              Pihak-pihak berelasi/              Jenis hubungan/                      Unsur transaksi pihak berelasi/
                 Related parties               Types of Relationship                     Element of transactions

            PT Bank Rakyat Indonesia                Entitas Induk/                    Giro pada bank lain, simpanan dari
                 (Persero) Tbk                      Parent entity                    bank lain, efek-efek/Current accounts
                                                                                     with other banks, deposits from other
                                                                                                banks, securities

            PT BRI Asuransi Indonesia          Hubungan pengendalian                 Kas, aset tetap/Cash, premises and
                                             melalui entitas induk/Control                       equipments
                                            relationship through the parent
                                                          entity

           PT BRI Multifinance Indonesia       Hubungan pengendalian                     Kredit yang diberikan/Loans
                                             melalui entitas induk/Control
                                            relationship through the parent
                                                          entity

                  PT Pegadaian                 Hubungan pengendalian                         Efek-efek/Securities
                                             melalui entitas induk/Control
                                            relationship through the parent
                                                          entity

      Dana Pensiun Lembaga Keuangan BRI      Hubungan program imbalan                Program pensiun iuran pasti/Defined
                                            pasca kerja/Post-employment                    employee benefit plan
                                                    benefit plan




                                                         134
Page 737
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                          PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                        As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                  and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                   (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                           unless otherwise stated)


33. TRANSAKSI PIHAK-PIHAK BERELASI (lanjutan)                      33. TRANSACTIONS           WITH      RELATED         PARTIES
                                                                       (continued)

   Pihak-pihak berelasi Bank dan jenis hubungannya                     Related parties of the Bank and the type of
   adalah sebagai berikut (lanjutan):                                  relationship are as follows (continued):

              Pihak-pihak berelasi/                   Jenis hubungan/               Unsur transaksi pihak berelasi/
                 Related parties                    Types of Relationship              Element of transactions

        Pemerintah Republik Indonesia (RI)/      Kepemilikan saham mayoritas               Efek-efek/Securities
          Government of the Republic of              melalui Kementerian
                  Indonesia (RI)                  Keuangan RI/Ownership of
                                                  majority shares through the
                                                   Ministry of Finance of the
                                                    Republic of Indonesia

          PT Bank Mandiri (Persero) Tbk            Hubungan pengendalian            Giro pada bank lain, efek-efek/
                                                 bersama melalui Pemerintah        Current accounts with other banks,
                                                  Pusat RI/Common control                      securities
                                                   relationship through the
                                                  Central Government of the
                                                    Republic of Indonesia

            PT Bank Negara Indonesia               Hubungan pengendalian            Giro pada bank lain, efek-efek/
                 (Persero) Tbk                   bersama melalui Pemerintah        Current accounts with other banks,
                                                  Pusat RI/Common control                      securities
                                                   relationship through the
                                                  Central Government of the
                                                    Republic of Indonesia

      PT Sarana Multigriya Finansial (Persero)      Hubungan pengendalian          Efek-efek, pinjaman yang diterima/
                                                  bersama melalui Pemerintah          Securities, fund borrowings
                                                   Pusat RI/Common control
                                                    relationship through the
                                                   Central Government of the
                                                     Republic of Indonesia

       PT Sarana Multi Infrastruktur (Persero)      Hubungan pengendalian                  Efek-efek/Securities
                                                  bersama melalui Pemerintah
                                                   Pusat RI/Common control
                                                    relationship through the
                                                   Central Government of the
                                                     Republic of Indonesia

            PT Perkebunan Nusantara II              Hubungan pengendalian                  Efek-efek/Securities
                                                  bersama melalui Pemerintah
                                                   Pusat RI/Common control
                                                    relationship through the
                                                   Central Government of the
                                                     Republic of Indonesia

           PT Perkebunan Nusantara IV               Hubungan pengendalian              Kredit yang diberikan/Loans
                                                  bersama melalui Pemerintah
                                                   Pusat RI/Common control
                                                    relationship through the
                                                   Central Government of the
                                                     Republic of Indonesia

              PT Bank Mandiri Taspen                Hubungan pengendalian                  Efek-efek/Securities
                                                  bersama melalui Pemerintah
                                                   Pusat RI/Common control
                                                    relationship through the
                                                   Central Government of the
                                                     Republic of Indonesia




                                                             135
Page 738
                                                                The original financial statements included herein are in the
                                                                                                      Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                   PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                 As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                           and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                            (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                    unless otherwise stated)


33. TRANSAKSI PIHAK-PIHAK BERELASI (lanjutan)               33. TRANSACTIONS           WITH      RELATED        PARTIES
                                                                (continued)

   Pihak-pihak berelasi Bank dan jenis hubungannya              Related parties of the Bank and the type of
   adalah sebagai berikut (lanjutan):                           relationship are as follows (continued):

             Pihak-pihak berelasi/             Jenis hubungan/               Unsur transaksi pihak berelasi/
                Related parties              Types of Relationship              Element of transactions

       PT Kresna Kusuma Dyandra Marga         Hubungan pengendalian             Kredit yang diberikan/Loans
                                            bersama melalui Pemerintah
                                             Pusat RI/Common control
                                              relationship through the
                                             Central Government of the
                                               Republic of Indonesia

           PT Hutama Karya (Persero)          Hubungan pengendalian             Kredit yang diberikan/Loans
                                            bersama melalui Pemerintah
                                             Pusat RI/Common control
                                              relationship through the
                                             Central Government of the
                                               Republic of Indonesia

             PT Laras Astra Kartika           Hubungan pengendalian             Kredit yang diberikan/Loans
                                            bersama melalui Pemerintah
                                             Pusat RI/Common control
                                              relationship through the
                                             Central Government of the
                                               Republic of Indonesia

           PT Bromo Steel Indonesia           Hubungan pengendalian             Kredit yang diberikan/Loans
                                            bersama melalui Pemerintah
                                             Pusat RI/Common control
                                              relationship through the
                                             Central Government of the
                                               Republic of Indonesia
          PT Tracon Industri Solusindo        Hubungan pengendalian             Kredit yang diberikan/Loans
                                            bersama melalui Pemerintah
                                             Pusat RI/Common control
                                              relationship through the
                                             Central Government of the
                                               Republic of Indonesia

                 Perum Damri                  Hubungan pengendalian             Kredit yang diberikan/Loans
                                            bersama melalui Pemerintah
                                             Pusat RI/Common control
                                              relationship through the
                                             Central Government of the
                                               Republic of Indonesia

                Perum Perhutani               Hubungan pengendalian             Kredit yang diberikan/Loans
                                            bersama melalui Pemerintah
                                             Pusat RI/Common control
                                              relationship through the
                                             Central Government of the
                                               Republic of Indonesia

      Koperasi Karyawan Nusantara PTPN VI     Hubungan pengendalian             Kredit yang diberikan/Loans
                                            bersama melalui Pemerintah
                                             Pusat RI/Common control
                                              relationship through the
                                             Central Government of the
                                               Republic of Indonesia




                                                      136
Page 739
                                                                           The original financial statements included herein are in the
                                                                                                                 Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                              PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                            As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                      and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                       (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                               unless otherwise stated)


33. TRANSAKSI PIHAK-PIHAK BERELASI (lanjutan)                          33. TRANSACTIONS            WITH      RELATED          PARTIES
                                                                           (continued)
   Pihak-pihak berelasi Bank dan jenis hubungannya                         Related parties of the Bank and the type of
   adalah sebagai berikut (lanjutan):                                      relationship are as follows (continued):
                Pihak-pihak berelasi/                    Jenis hubungan/                  Unsur transaksi pihak berelasi/
                   Related parties                     Types of Relationship                 Element of transactions

               Entitas dan Lembaga                     Hubungan pengendalian                  Giro, tabungan, deposito
         Pemerintah/Goverment Entities and           bersama melalui Pemerintah          berjangka/Demand deposits, saving
                     Institutions                     Pusat RI/Common control                deposits, and time deposits.
                                                       relationship through the
                                                      Central Government of the
                                                        Republic of Indonesia
        Manajemen kunci/Key management                 Hubungan pengendalian              Kredit yang diberikan, tabungan,
                                                        kegiatan Bank/Control               deposito berjangka, imbalan
                                                      relationship on the Bank’s          kerja/loans, saving deposit, time
                                                               activities                   deposits, employee benefits
   Saldo transaksi dengan pihak-pihak berelasi adalah                      The amounts of transactions with related parties are
   sebagai berikut:                                                        as follows:
                                                  31 Desember/        31 Desember/
                                                December 31, 2025   December 31, 2024

   Aset                                                                                                                        Assets
   Giro pada bank lain (Catatan 5)                                                          Current accounts with other banks (Note 5)
     PT Bank Rakyat Indonesia                                                                            PT Bank Rakyat Indonesia
        (Persero) Tbk                                499.080.790         221.754.025                                (Persero) Tbk
     PT Bank Mandiri (Persero) Tbk                       813.185           1.107.396                 PT Bank Mandiri (Persero) Tbk
     PT Bank Negara Indonesia                                                                           PT Bank Negara Indonesia
        (Persero) Tbk                                    537.895               255.619                              (Persero) Tbk
                                                     500.431.870         223.117.040
   Efek-efek (Catatan 7)                                                                                           Securities (Note 7)
     Pemerintah Republik Indonesia                 4.149.750.943       3.403.860.084       Government of the Republic of Indonesia
     PT Sarana Multigriya Finansial (Persero)        120.913.000          94.770.000       PT Sarana Multigriya Finansial (Persero)
     PT Bank Mandiri (Persero) Tbk                    65.675.000          19.606.000               PT Bank Mandiri (Persero) Tbk
     PT Bank Negara Indonesia                                                                          PT Bank Negara Indonesia
         (Persero) Tbk                                23.223.900           29.866.200                              (Persero) Tbk
     PT Bank Rakyat Indonesia                                                                          PT Bank Rakyat Indonesia
        (Persero) Tbk                                 15.199.500                    -                              (Persero) Tbk
     PT Sarana Multi Infrastruktur (Persero)          15.090.000           14.898.000       PT Sarana Multi Infrastruktur (Persero)
   ` PT Perkebunan Nusantara II                       10.175.000           10.175.000                PT Perkebunan Nusantara II
     PT Bank Mandiri Taspen                           10.080.000                    -                     PT Bank Mandiri Taspen
     PT Pegadaian                                     10.060.000                    -                                PT Pegadaian
                                                   4.420.167.343       3.573.175.284
   Kredit Yang Diberikan (Catatan 9)                                                                                   Loans (Note 9)
     PT Kresna Kusuma Dyandra Marga                  389.926.256         390.362.998           PT Kresna Kusuma Dyandra Marga
     PT Hutama Karya (Persero)                       260.628.488         299.702.992                   PT Hutama Karya (Persero)
     Perum Perhutani                                 259.785.425         279.999.840                              Perum Perhutani
     PT Perkebunan Nusantara IV                      200.000.000         177.391.817                  PT Perkebunan Nusantara IV
     PT Laras Astra Kartika                            4.718.377           7.343.361                        PT Laras Astra Kartika
     Koperasi Karyawan Nusantara PTPN VI               1.200.000                   -        Koperasi Karyawan Nusantara PTPN VI
     PT Bromo Steel Indonesia                          1.000.000           1.000.000                     PT Bromo Steel Indonesia
     PT Tracon Industri Solusindo                        497.344                   -                  PT Tracon Industri Solusindo
     PT BRI Multifinance Indonesia                             -          60.000.000                 PT BRI Multifinance Indonesia
     Perum Damri                                               -          18.219.676                                  Perum Damri
     Lain-lain                                         1.837.776           1.913.428                                        Others
                                                   1.119.593.666       1.235.934.112
   Total aset dari pihak-pihak berelasi            6.040.192.879       5.032.226.436                Total assets from related parties
   Total aset                                     13.087.107.913      13.128.920.167                                      Total assets
   Persentase total aset dari pihak-pihak                                                            Percentage of total assets from
     berelasi terhadap total aset                        46,15%                38,33%                related parties to total assets

                                                                137
Page 740
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                       PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                        unless otherwise stated)


33. TRANSAKSI PIHAK-PIHAK BERELASI (lanjutan)                   33. TRANSACTIONS           WITH      RELATED        PARTIES
                                                                    (continued)

   Saldo transaksi dengan pihak-pihak berelasi adalah                The amounts of transactions with related parties are
   sebagai berikut (lanjutan):                                       as follows (continued):

                                            31 Desember/        31 Desember/
                                          December 31, 2025   December 31, 2024

   Liabilitas                                                                                                         Liabilities

   Giro (Catatan 15)                                                                             Demand deposits (Note 15)
     Entitas dan lembaga pemerintah                824.284           1.523.053           Government entities and institutions
     Lain-lain                                 247.763.421         484.322.801                                        Others
                                               248.587.705         485.845.854

   Tabungan (Catatan 16)                                                                           Saving deposits (Note 16)
     Entitas dan lembaga pemerintah              2.885.205          19.900.489           Government entities and institutions
     Karyawan kunci                              6.682.629           7.152.305                              Key employees
     Lain-lain                                  24.504.587          22.903.967                                        Others
                                                34.072.421          49.956.761

   Deposito berjangka (Catatan 17)                                                                   Time deposits (Note 17)
     Entitas dan lembaga pemerintah             46.000.000          12.134.713           Government entities and institutions
     Karyawan kunci                                      -             235.220                              Key employees
     Lain-lain                                 926.553.091         636.444.424                                        Others

                                               972.553.091         648.814.357
   Simpanan dari bank lain (Catatan 18)                                                   Deposits from other banks (Note 18)
     Entitas dan lembaga pemerintah                       -        400.000.000           Government entities and institutions

   Pinjaman yang diterima (Catatan 21)                                                            Fund borrowings (Note 21)
     Entitas dan lembaga pemerintah             12.556.559          13.622.042           Government entities and institutions

   Kompensasi kepada karyawan kunci                                                           Compensation to key employees
     (Catatan 23)                                                                                                   (Note 23)
     Nilai kini liabilitas pemutusan                                                        Present value of work separation
        hubungan kerja                          13.916.231          12.772.307                             scheme liability
                                                                                                     Present value of grand
     Nilai kini liabilitas cuti besar            1.141.058           1.018.628                               leaves liability
     Nilai kini liabilitas penghargaan                                                                       Present value of
        masa kerja                               1.583.370           1.213.157                   gratuity for services liability

                                                16.640.659          15.004.092

   Total liabilitas kepada pihak-pihak
     berelasi                                1.284.410.435       1.613.243.106               Total liabilities to related parties
   Total liabilitas                         10.075.771.939       9.675.555.640                                  Total liabilities

   Persentase total liabilitas dari
     pihak-pihak berelasi                                                                  Percentage of total liabilities from
     terhadap total liabilitas                     12,75%               16,67%             related parties to total liabilities




                                                          138
Page 741
                                                                    The original financial statements included herein are in the
                                                                                                          Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                       PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                        unless otherwise stated)


33. TRANSAKSI PIHAK-PIHAK BERELASI (lanjutan)                   33. TRANSACTIONS           WITH      RELATED        PARTIES
                                                                    (continued)

   Saldo transaksi dengan pihak-pihak berelasi adalah               The amounts of transactions with related parties are
   sebagai berikut (lanjutan):                                      as follows (continued):

                                               Tahun yang berakhir pada
                                                 tanggal 31 Desember/
                                               Year ended December 31,

                                                2025                2024

  Gaji dan tunjangan Dewan                                                           Salaries and allowances of Boards of
     Komisaris, Direksi dan                                                                Commissioners, Directors and
     karyawan kunci (Catatan 29)                                                                key employees (Note 29)
     Dewan Komisaris                            6.157.743            5.721.855                   Boards of Commissioners
     Direksi                                   16.835.880           16.052.052                          Board of Directors
     Karyawan kunci                            23.819.273           22.982.576                             Key employees

                                               46.812.896           44.756.483


   Tantiem, bonus dan insentif                                                     Tantiem, bonus and incentives of Board
     Dewan Komisaris, Direksi dan                                                  of Commissioners, Directors and key
     karyawan kunci (Catatan 29)                                                                   employees (Note 29)
     Dewan Komisaris                               19.179              434.781                   Board of Commissioner
     Direksi                                        5.930              929.280                        Board of Directors
     Karyawan kunci                             2.529.736            1.856.350                           Key employees

                                                2.554.845            3.220.411


   Persentase transaksi dengan pihak-pihak berelasi                 Percentage of transactions with related parties to
   terhadap total aset dan total liabilitas Bank adalah             total assets and total liabilities of the Bank are as
   sebagai berikut:                                                 follows:

                                           31 Desember/        31 Desember/
                                         December 31, 2025   December 31, 2024

   Aset                                                                                                               Assets
   Giro pada bank lain                             3,82%                1,70%               Current accounts with other banks
   Efek-efek                                      33,77%               27,22%                                       Securities
   Kredit yang diberikan                           8,55%                9,41%                                           Loans

                                                  46,15%               38,33%


   Liabilitas                                                                                                     Liabilities
   Giro                                             2,47%               5,02%                              Demand deposits
   Tabungan                                         0,34%               0,51%                                Saving deposits
   Deposito berjangka                               9,65%               6,71%                                  Time deposits
   Simpanan dari bank lain                          0,00%               4,13%                      Deposits from other bank
   Pinjaman yang diterima                           0,12%               0,14%                               Fund borrowings
   Kompensasi kepada karyawan kunci                 0,17%               0,16%                 Compensation to key employees
                                                  12,75%               16,67%




                                                          139
Page 742
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

       PT BANK RAYA INDONESIA Tbk                                         PT BANK RAYA INDONESIA Tbk
    CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                                 and for the Year Then Ended
        (Disajikan dalam ribuan Rupiah,                                  (Expressed in thousands of Rupiah,
            kecuali dinyatakan lain)                                          unless otherwise stated)


34. MANAJEMEN RISIKO                                               34. RISK MANAGEMENT

   Dalam rangka mencapai manajemen risiko yang                       In order to achieve risk management that supports
   mendukung pencapaian target kinerja dan mampu                     the achievement of performance targets and is able
   menjaga kelangsungan usaha, diperlukan strategi                   to maintain business continuity, a proactive risk
   manajemen risiko yang proaktif yang dapat                         management strategy is needed that can increase
   meningkatkan efektivitas penggunaan modal dan                     the effectiveness of the use of capital and the level
   tingkat pengembangan modal (Return on                             of capital development (Return on Equity/ROE) so
   Equity/ROE) sehingga dapat memberikan nilai                       that it can provide added value to shareholders,
   tambah bagi pemegang saham, mengantisipasi                        anticipate new policies that lead to best practices,
   ketentuan baru yang mengarah pada best practice,                  increase the trust of shareholders and other
   meningkatkan kepercayaan pemegang saham dan                       stakeholders as well as increase the business at an
   stakeholders lainnya serta meningkatkan bisnis                    optimal level. The Bank as a financial services
   pada tingkat optimal. Bank selaku lembaga jasa                    institution (LJK) has implemented risk management
   keuangan (LJK) telah menerapkan manajemen                         in accordance with the Financial Services Authority
   risiko sesuai ketentuan Otoritas Jasa Keuangan                    regulations, among others, by implementing a risk
   antara lain dengan menerapkan proses manajemen                    management process as outlined in several policies
   risiko yang telah dituangkan dalam beberapa                       and procedures, including the General Risk
   kebijakan dan prosedur, antara lain Kebijakan                     Management Policy (KUMR). KUMR acts as the
   Umum Manajemen Risiko (KUMR). KUMR berperan                       highest rule in risk management implementation in
   sebagai aturan tertinggi dalam implementasi                       all business activities of the Bank, which includes
   manajemen risiko pada seluruh kegiatan bisnis                     policies, strategies, organizations, risk management
   Bank, yang meliputi kebijakan, strategi, organisasi,              information systems, risk monitoring, management
   sistem informasi manajemen risiko, pengawasan                     of new products and activities and Business
   risiko, pengelolaan produk dan aktivitas baru dan                 Continuity Plan (BCP).
   Business Continuity Plan (BCP).

   Proses penerapan manajemen risiko meliputi                        The process of implementing risk management
   identifikasi, pengukuran, pemantauan, pengelolaan                 includes identification, measurement, monitoring,
   dan pengendalian terhadap 8 (delapan) risiko yaitu                management and control of 8 (eight) risks, namely
   risiko kredit, risiko pasar, risiko likuiditas, risiko            credit risk, market risk, liquidity risk, operational risk,
   operasional, risiko kepatuhan, risiko strategis, risiko           compliance risk, strategic risk, legal risk and
   hukum dan risiko reputasi.                                        reputation risk.

   Profil risiko Bank menggambarkan risiko yang                      The assessment of the Bank's risk profile describes
   melekat dalam kegiatan bisnis Bank (inherent risk)                the risks inherent in the Bank's business activities
   termasuk kualitas penerapan Manajemen Risiko                      (inherent risk) including the quality of Risk
   yang mencerminkan sistem pengendalian risiko (risk                Management implementation that reflects a risk
   control system) melalui proses self-assessment                    control system through a self-assessment process
   pada seluruh aktivitas bisnis Bank yang mencakup 8                for all Bank business activities which includes 8
   (delapan) risiko. Penilaian Profil Risiko Bank telah              (eight) risks. The assessment of the Bank's Risk
   dilakukan sesuai dengan ketentuan SEOJK                           Profile has been carried out in accordance with the
   No. 14/SEOJK.03/2017 tentang Penilaian Tingkat                    provisions of SEOJK No. 14/SEOJK.03/2017
   Kesehatan Bank Umum.                                              concerning Assessment of the Soundness of
                                                                     Commercial Banks.

   Dewan Komisaris melakukan evaluasi terhadap                       The Board of Commissioners evaluates the policies
   kebijakan dan implementasi manajemen risiko yang                  and implementation of risk management by the
   dilakukan oleh Direksi. Evaluasi dilakukan dalam                  Board of Directors. Evaluation is carried out in order
   rangka memastikan bahwa Direksi mengelola                         to ensure that the Board of Directors manages the
   aktivitas dan risiko-risiko Bank secara efektif.                  Bank's activities and risks effectively. In carrying out
   Dalam melakukan pengawasan aktif terhadap                         active supervision of the Bank's risk management,
   manajemen risiko Bank, Dewan Komisaris dibantu                    the Board of Commissioners is assisted by the Risk
   oleh Komite Pemantau Risiko.                                      Monitoring Committee.




                                                             140
Page 743
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                       PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                        unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                   34. RISK MANAGEMENT (continued)

   Risiko Kredit                                                     Credit Risk

   Dalam meningkatkan pertumbuhan bisnis kredit                      In increasing the credit business growth, quality
   dilakukan pengelolaan kualitas mulai dari tahap awal              management is carried out starting from the early
   proses prakarsa kredit hingga pelunasan kredit.                   stages of the initiative process credit until the credit
   Monitoring dan pembinaan dilakukan terhadap                       repayment. Monitoring and coaching made to the
   Debitur dan Pemasar untuk memastikan kredit tetap                 Borrower and marketers to ensure the credit
   terjaga performansinya (Performing Loan/PL).                      performance is maintained (Performing Loan/PL).
   Pengelolaan kredit yang efektif dan efisien akan                  Effective and efficient credit management will
   meminimalkan risiko bad debt dan loss sehingga                    minimize the risk of bad debt and loss so that
   pencadangan biaya yang dialokasikan untuk                         provisioning expenses allocated to lending activities
   aktivitas perkreditan menjadi minimum.                            will be minimum.

   Tujuan pengelolaan risiko kredit Bank adalah untuk                The objective of the Bank credit risk management is
   mengoptimalkan penggunaan sumber dana yang                        to optimize the use of sources of funds originating
   berasal dari Dana Pihak Ketiga maupun akumulasi                   from Third Party Funds as well as accumulated
   laba untuk memperoleh pendapatan bunga aset                       profits to obtain reasonable earning of interest
   produktif yang wajar, memenuhi target kinerja yang                income from productive assets, meet the
   telah ditetapkan oleh shareholders, memastikan cost               performance targets set by shareholders, ensure
   and benefit yang optimal dan menjaga kecukupan                    optimal cost and benefits and maintain adequate
   pencadangan biaya baik pada tingkat individu                      reserve costs, both at the individual level and the
   maupun portofolio kredit keseluruhan.                             overall loan portfolio.

   Bank telah memiliki kebijakan dan prosedur                        The Bank has policies and procedures for credit and
   perkreditan serta manajemen risiko kredit, yang                   credit risk management, which are decided through
   diputuskan melalui forum Komite Kebijakan                         the Credit Policy Committee (KKP), Credit
   Perkreditan (KKP), Komite Kredit (KK), Komite                     Committee (KK), Credit Policy and Product
   Kebijakan Kredit dan Pengembangan Produk (KKK-                    Development Committee (KKK-PP), and the Risk
   PP), Komite Manajemen Risiko (RMC) yang                           Management Committee (RMC), whose members
   beranggotakan Direksi dan anggota manajemen                       are The Board of Directors and members of senior
   senior serta Rapat Direksi (Radisi) dan disetujui oleh            management as well as the Board of Directors
   Dewan Komisaris, juga secara tertulis dituangkan                  Meeting and approved by the Board of
   pada Kebijakan Umum Perkreditan (KUP),                            Commissioners, are also set out in writing in the
   Pedoman Pelaksanaan Kredit (PPK) Ritel, Fintech,                  General Credit Policy (KUP), Retail, Fintech, Micro,
   Mikro, Konsumer, dan Treasury Line.                               Consumer, and Treasury Line.

   Kebijakan Umum Perkreditan (KUP) memberikan                       The General Credit Policy (KUP) provides complete
   pedoman lengkap keseluruhan proses pemberian                      guidelines for the entire process of credit granting
   kredit dari proses awal pengajuan kredit, proses                  from the initial credit application process, the
   analisis, persetujuan, pemantauan, dokumentasi,                   analysis     process,      approval,    monitoring,
   pengendalian, penyelamatan atau restrukturisasi                   documentation, control, rescue or restructuring and
   dan penyelesaian kredit, sehingga dapat menjaga                   loans settlement, so as to maintain the quality and
   kualitas dan target bisnis yang ditetapkan.                       business targets set.

   Dalam rangka mendukung proses pemberian kredit                    In order to support a prudent lending process, the
   yang prudent, Bank melakukan pengkajian dan                       Bank regularly reviews and refines credit policies
   penyempurnaan kebijakan perkreditan maupun                        and pre-credit business processes.
   proses bisnis prekreditan secara berkala.




                                                            141
Page 744
                                                                   The original financial statements included herein are in the
                                                                                                         Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                        PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                      As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                 (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                         unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                 34. RISK MANAGEMENT (continued)
   Risiko Kredit (lanjutan)                                        Credit Risk (continued)
   Pengelolaan risiko kredit diukur dan diterapkan pada            Credit risk management is measured and applied at
   tingkat individu dan portofolio pada segmen                     the individual and portfolio levels in the Consumer,
   Konsumer, Mikro, Ritel dan Menengah. Fungsi                     Micro, Retail and Medium segments. Marketing and
   pemasaran dan analisa kredit dilakukan oleh                     credit analysis functions are carried out by Account
   Account Officer yang berada di bawah Unit Bisnis.               Officers who are under the Business Unit.
   Selanjutnya Unit Analisa Risiko Kredit menyediakan              Furthermore, the Credit Risk Analysis Unit supports
   data analisa kredit secara makro sesuai dengan                  macro credit analysis data in accordance with the 5C
   prinsip 5C (Character, Capacity, Capital, Condition,            (Character, Capacity, Capital, Condition, Collateral)
   Collateral) dan 5P (Penilaian, Pengikatan,                      and     5P     (Assessment,      Binding,    Control,
   Penguasaan, Pengamanan, dan Pemanfaatan).                       Safeguarding and Utilization) principles. Decisions
   Putusan terhadap usulan kredit dilakukan oleh                   on credit proposals are made by different Officials
   Pejabat yang berbeda dari Pemrakarsa kredit yaitu               from the Credit Proponent, namely individual
   individu Pemutus kredit ataupun rapat Komite Kredit             creditors or Credit Committee meetings in
   sesuai dengan eksposur kredit yang diputus.                     accordance with the approved credit exposure.
   Dengan demikian, putusan yang diberikan sesuai                  Thus, the decisions given are in accordance with the
   dengan asas-asas perkreditan yang baik dan sehat                principles of sound and sound credit based on
   berdasarkan profesionalisme secara jujur, objektif,             professionalism in an honest, objective, careful and
   cermat dan saksama.                                             thorough manner.
   Manajemen Risiko Kredit                                         Credit Risk Management
   Penerapan manajemen risiko untuk           aktivitas            Implementation of credit risk management is done by
   perkreditan dilakukan sebagai berikut:                          effort of:
      Terdapat pemisahan       Pejabat Relationship                    There is a separation of Relationship
       Management    (RM)        dan   Credit   Risk                     Management   (RM)   and Credit   Risk
       Management (CRM).                                                 Management (CRM).
      Terdapat pemisahan pengelolaan kredit lancar                     There is a separation of the management of
       (performing) dengan kredit kualitas rendah agar                   current loans (performing) from low quality
       pengelolaan risiko dalam aktivitas perkreditan                    loans so that risk management in lending
       dan aktivitas perkreditan yang berorientasi pada                  activities and credit activities oriented towards
       pertumbuhan bisnis yang sehat dilaksanakan                        healthy business growth are carried out
       berjalan baik.                                                    smoothly.
      Setiap individu Pejabat kredit lini mendapat                     Each individual line credit officer receives a
       delegasi kewenangan memprakarsai atau                             delegation of authority to initiate or decide on
       memutus kredit yang dituangkan dalam suatu                        credit as outlined in a determination based on
       penetapan       berdasarkan      pertimbangan                     considerations of competence, capability,
       kompetensi, kapabilitas, pengalaman di bidang                     experience in credit, integrity, so that every
       perkreditan,   integritas,  sehingga    setiap                    initiative or decision will be made based on a
       prakarsa atau putusan akan dibuat berdasarkan                     sharp and comprehensive assessment by
       penilaian yang tajam dan komprehensif dengan                      applying the principle of prudence in banking
       menerapkan prinsip kehati-hatian dalam                            (prudential banking).
       perbankan (prudential banking).
      Credit Risk Rating (CRR) dan Credit Risk                         Credit Risk Rating (CRR) and Credit Risk
       Scoring (CRS) sebagai perangkat pengukur                          Scoring (CRS) as risk measurement tools in the
       risiko dalam proses perkreditan.                                  credit process.

      Kapasitas appetite kredit ditetapkan melalui                     The capacity for the credit appetite is
       Pasar Sasaran (PS) dan Kriteria Risiko yang                       determined through the Target Market (PS) and
       Dapat Diterima (KRD) serta penerapan Loan                         Acceptable Risk Criteria (KRD) as well as the
       Portfolio Guidelines (LPG) sebagai pedoman                        application of the Loan Portfolio Guidelines
       dalam pelaksanaan ekspansi kredit.                                (LPG) as a guide in the implementation of credit
                                                                         expansion.




                                                          142
Page 745
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                           PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                         As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                   and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                    (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                            unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                    34. RISK MANAGEMENT (continued)

   Manajemen Risiko Kredit (lanjutan)                                 Credit Risk Management (continued)

   Penerapan manajemen risiko untuk aktivitas                         Implementation of credit risk management is done by
   perkreditan dilakukan sebagai berikut (lanjutan):                  effort of (continued):

        Pengendalian risiko dilakukan dengan cara                         Risk control is carried out by limiting exposure,
         melakukan pembatasan eksposur, monitoring                          monitoring on site and off site of the Debtor's
         on site dan off site terhadap usaha debitur, dan                   business, and taking corrective actions so that
         tindakan perbaikan sehingga usaha debitur                          both the debtor's business and the bank's
         maupun bisnis bank berjalan lancar.                                business run smoothly.

        Dalam melakukan monitoring terhadap usaha                         In monitoring the Debtor's business, an early
         Debitur diterapkan konsep early warning                            warning system (EWS) concept is applied to
         system (EWS) untuk mendeteksi dini potensi                         early detect potential business problems due to
         permasalahan bisnis baik karena sebab internal                     internal and external factors.
         maupun faktor eksternal.

   (i)   Analisa eksposur maksimum terhadap risiko                    (i)   Analysis of the maximum exposure to credit risk
         kredit setelah memperhitungkan dampak                              after taking into account the impact of collateral
         agunan dan mitigasi risiko kredit lainnya:                         and other credit risk mitigation:

         Nilai tercatat dari aset keuangan Bank selain                      The carrying amount of the Bank's financial
         kredit yang diberikan dan efek-efek yang dibeli                    assets other than loans and securities
         dengan janji dijual kembali menggambarkan                          purchased under agreements to resell
         eksposur maksimum atas risiko kredit.                              represent the maximum exposure to credit risk.

         Untuk      kredit   yang     diberikan,    Bank                    For the credit provided, the Bank uses collateral
         menggunakan agunan untuk meminimalkan                              to minimize credit risk. Based on the risk
         risiko kredit. Berdasarkan klasifikasi risiko,                     classification, the Bank's credit portfolio can be
         portofolio kredit Bank dapat dibedakan menjadi                     divided into two groups, namely:
         dua kelompok, yaitu:                                               (a) Secured loans, bank products included in
         (a) Secured loans, produk bank yang termasuk                            this classification are credit products from
              dalam klasifikasi ini adalah produk kredit                         the     middle     segment,     retail   both
              dari segmen menengah, ritel baik                                   conventional and digital (Pinang Maksima),
              konvensional maupun digital (Pinang                                micro credit, and consumer credit with a
              Maksima), kredit mikro, dan kredit                                 high ceiling.
              konsumer yang memiliki plafond tinggi.
         (b) Unsecured loans, produk bank yang                              (b) Unsecured loans, bank producst included
              termasuk dalam klasifikasi ini adalah kredit                      in this classification are consumer credit
              konsumer dengan plafond kecil termasuk                            with a small ceiling including Pinang Flexi
              Pinang Flexi dan Pinang Dana Talangan.                            and Pinang Dana Talangan.

         Untuk secured loans, Bank menetapkan jenis                         For secured loans, the Bank determines the
         dan nilai agunan yang dijaminkan sesuai skema                      type and amount of collateral pledged in
         kredit dan perkiraan tingkat risiko kredit dari                    accordance with the credit scheme and the
         counterparty sebagai second way out yang                           counterparty's estimated credit risk level as the
         ditetapkan. Jenis dari agunan terdiri dari:                        second way out. Types of collateral consist of:

         (a) Agunan fisik, seperti tanah dan bangunan,                      (a) Physical collateral, such as land and
             BPKB kendaraan bermotor, dan properti.                             buildings, motor vehicle BPKB, and
         (b) Agunan keuangan, seperti simpanan                                  property.
             tabungan, giro, deposito berjangka, dan                        (b) Financial collaterals, such as savings
             surat berharga.                                                    deposits, demand deposits, time deposits
         (c) Lainnya, seperti piutang dagang, garansi,                          and marketable securities.
             jaminan Pemerintah, dan Lembaga                                (c) Others, such as accounts receivable,
             Penjamin.                                                          guarantees, government guarantees and
                                                                                guarantees.


                                                             143
Page 746
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                        PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                      As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                 (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                         unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                   34. RISK MANAGEMENT (continued)

   Manajemen Risiko Kredit (lanjutan)                                Credit Risk Management (continued)

   (i)   Analisa eksposur maksimum terhadap risiko                   (i)   Analysis of the maximum exposure to credit risk
         kredit setelah memperhitungkan dampak                             after taking into account the impact of collateral
         agunan dan mitigasi risiko kredit lainnya                         and other credit risk mitigation (continued):
         (lanjutan):

         Untuk seluruh agunan khususnya physical                           For all collateral, especially physical collateral,
         collateral akan dilakukan penilaian dimana nilai                  an assessment will be conducted in which the
         likuidasi atas agunan tersebut digunakan dalam                    liquidation value of the collateral is used in
         menentukan kecukupan agunan (collateral                           determining the collateral coverage ratio.
         coverage ratio).

         Agunan dilakukan pengikatan sesuai ketentuan                      Collateral is bound according to the terms of
         perkreditan sehingga risiko kredit diminimalkan                   credit so that credit risk is minimized if the debtor
         apabila debitur mengalami kegagalan dalam                         fails to repay (default) at a later date.
         pembayaran kembali (wanprestasi) di kemudian
         hari.

         Selain aspek agunan untuk meminimalkan                            In addition to the collateral aspect to minimize
         risiko kredit, pemberian kredit oleh Bank selalu                  credit risk, the provision of credit by the Bank is
         dilakukan berdasarkan evaluasi dan analisa                        always carried out based on evaluation and
         kelayakan sehingga kemampuan pengembalian                         feasibility analysis so that the ability to repay
         kredit (first way out) dapat dipastikan. Setiap                   credit (first way out) can be ascertained. Every
         pengajuan kredit wajib melalui proses pre-                        credit application must go through a pre-
         screening kemudian dilakukan scoring untuk                        screening       process,    then     scoring    for
         kredit konsumtif dan rating untuk kredit                          consumptive credit and a rating for commercial
         komersial.                                                        credit.

         Terdapat keharusan bagi debitur untuk                             There is a requirement for debtors to fulfill an
         memenuhi evaluasi atas kelayakan bisnisnya                        evaluation of the feasibility of obtaining credit for
         memperoleh kredit, pengikatan kredit secara                       their business, legally binding credit, pre-
         legal, pre-screening dan proses rating atau                       screening and rating or scoring processes, and
         scoring, dan kecukupan agunan yang                                the adequacy of collateral required, in order to
         dipersyaratkan, untuk menurunkan eksposur                         reduce their loan risk exposure to an acceptable
         risiko pinjamannya ke tingkat yang layak dan                      and acceptable level.
         dapat diterima.




                                                            144
Page 747
                                                                                                    The original financial statements included herein are in the
                                                                                                                                          Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                                           PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                                                        NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                                         As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                                                   and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                                                    (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                                            unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                                               34. RISK MANAGEMENT (continued)

   Manajemen Risiko Kredit (lanjutan)                                                               Credit Risk Management (continued)

   (ii) Kualitas aset keuangan                                                                      (ii) Financial assets quality
       Tabel di bawah menunjukkan kualitas aset                                                             The table below shows financial assets quality
       keuangan berdasarkan golongan aset untuk                                                             per class of assets for all financial assets
       semua aset keuangan yang mempunyai risiko                                                            exposed by credit risk (gross of allowance for
       kredit (diluar cadangan kerugian penurunan                                                           impairment losses):
       nilai):
                                                                            31 Desember/December 31, 2025
                                                     Belum jatuh tempo atau             Telah jatuh
                                                  tidak mengalami penurunan            tempo tetapi
                                                      nilai/Neither past due               tidak
                                                           nor impaired                 mengalami
                                                                                        penurunan
                                                                       Tingkat             nilai/           Mengalami
                                                                      standar/           Past-due           penurunan
                                                Tingkat tinggi/       Standard            but not              nilai/
                                                  High grade            grade            impaired            impaired             Total

       Aset                                                                                                                                                                  Assets
                                                                                                                                                             Current accounts with
       Giro pada Bank Indonesia                    677.612.764                    -                   -                  -      677.612.764                     Bank Indonesia
       Giro pada bank lain                         507.429.047                    -                   -                  -      507.429.047     Current accounts with other banks
       Efek-efek                                                                                                                                                          Securities
          Nilai wajar melalui laba rugi            333.170.000                    -                   -                  -      333.170.000     Fair value through profit or loss
          Nilai wajar melalui penghasilan                                                                                                              Fair value through other
              komprehensif lain                  2.460.685.265                    -                   -                  -    2.460.685.265          comprehensive income
          Biaya perolehan diamortisasi           2.274.474.499                    -                   -                  -    2.274.474.499                     Amortized cost
       Kredit yang diberikan                                                                                                                                                   Loans
          Menengah                               2.379.714.294                   -                   -      1.415.032.151     3.794.746.445                               Middle
          Ritel                                    885.456.390         103.714.737          43.461.687        374.136.321     1.406.769.135                                Retail
          Mikro                                  1.125.000.137          12.550.106          15.970.300         44.072.800     1.197.593.343                                Micro
          Konsumer                               1.124.817.962          34.211.306          80.841.967         76.343.285     1.316.214.520                          Consumer
       Penyertaan saham                                                     77.510                   -                  -            77.510         Investment in shares of stocks
       Aset lain-lain*)                              89.857.713          6.648.192                   -                  -        96.505.905                          Other assets*)

       Total                                    11.858.218.071         157.201.851      140.273.954         1.909.584.557    13.765.278.433                                   Total


                                                                            31 Desember/December 31, 2024
                                                     Belum jatuh tempo atau             Telah jatuh
                                                  tidak mengalami penurunan            tempo tetapi
                                                      nilai/Neither past due               tidak
                                                           nor impaired                 mengalami
                                                                                        penurunan
                                                                       Tingkat             nilai/           Mengalami
                                                                      standar/           Past-due           penurunan
                                                Tingkat tinggi/       Standard            but not              nilai/
                                                  High grade            grade            impaired            impaired             Total

       Aset                                                                                                                                                                  Assets
                                                                                                                                                             Current accounts with
       Giro pada Bank Indonesia                    491.826.632                    -                   -                  -      491.826.632                     Bank Indonesia
       Giro pada bank lain                         224.033.899            4.458.803                   -                  -      228.492.702     Current accounts with other banks
       Penempatan pada Bank Indonesia                                                                                                              Placement with Bank Indonesia
          dan bank lain                            949.861.499                    -                   -                  -      949.861.499                    and other banks
       Efek-efek                                                                                                                                                          Securities
          Nilai wajar melalui laba rugi            295.309.031                    -                   -                  -      295.309.031     Fair value through profit or loss
          Nilai wajar melalui penghasilan                                                                                                              Fair value through other
              komprehensif lain                  2.286.636.548           50.032.981                   -                  -    2.336.669.529          comprehensive income
          Biaya perolehan diamortisasi           1.828.736.508                    -                   -                  -    1.828.736.508                     Amortized cost
       Efek-efek yang dibeli dengan                                                                                                                    Securities purchased under
          janji dijual kembali                     197.808.583                    -                   -                  -      197.808.583                 agreement to resell
       Kredit yang diberikan                                                                                                                                                   Loans
          Menengah                               2.345.529.039                   -                   -      1.439.846.865     3.785.375.904                               Middle
          Ritel                                    714.165.107         131.423.511          83.593.776        359.071.855     1.288.254.249                                Retail
          Mikro                                    778.059.887          22.411.613          13.343.659         35.313.985       849.129.144                                Micro
          Konsumer                               1.030.974.532          45.001.101          67.190.893         60.024.865     1.203.191.391                          Consumer
       Penyertaan saham                                      -              77.510                   -                  -            77.510         Investment in shares of stocks
       Aset lain-lain*)                             66.690.383           5.885.950                   -                  -        72.546.333                          Other assets*)

       Total                                    11.209.631.648         259.291.469      164.128.328         1.894.257.570    13.527.309.015                                   Total

       *)                                                                                                   *)
               Aset lain-lain terdiri atas piutang bunga dan piutang lain-lain                                    Other assets consist of interest receivables and other receivables




                                                                                      145
Page 748
                                                                  The original financial statements included herein are in the
                                                                                                        Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                    PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                  As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                            and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                             (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                     unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                34. RISK MANAGEMENT (continued)

   Manajemen Risiko Kredit (lanjutan)                             Credit Risk Management (continued)

   (ii) Kualitas aset keuangan (lanjutan)                         (ii) Financial assets quality (continued)

       Kualitas kredit didefinisikan sebagai berikut:                  Credit quality are defined as follows:

       Tingkat tinggi                                                  High grade

       (a) Giro pada Bank Indonesia, giro pada bank                    (a) Current accounts with Bank Indonesia,
           lain, penempatan pada Bank Indonesia dan                        current accounts with other banks,
           bank lain yaitu giro atau penempatan pada                       placements with Bank Indonesia and other
           institusi Pemerintah, institusi Pemerintah                      banks are current accounts or placements
           Daerah, bank yang terdaftar di bursa serta                      with the Government institutions, Local
           transaksi dengan bank yang memiliki                             Government institutions, banks listed in the
           reputasi baik dengan tingkat kemungkinan                        stock exchange and transaction with
           gagal bayar atas kewajiban yang rendah.                         reputable banks with low probability of
                                                                           insolvency.

       (b) Efek-efek yaitu efek-efek yang dikeluarkan                  (b) Securities are government securities,
           oleh Pemerintah, efek-efek dan obligasi                         investment grade securities and bonds with
           yang termasuk dalam investment grade                            a rating of at least idBBB (Pefindo), BBB+
           dengan rating minimal idBBB (Pefindo),                          (S&P), Baa1 (Moody’s) or BBB+ (Fitch).
           BBB+ (S&P), Baa1 (Moody’s) atau BBB+
           (Fitch).

       (c) Tagihan lainnya yaitu tagihan kepada pihak                  (c) Other receivables, namely receivables from
           ketiga yang belum jatuh tempo dan                               third parties that are not past due and have
           memiliki kapasitas finansial yang kuat                          strong financial capacity to repay all
           dalam hal pembayaran kembali seluruh                            obligations on time.
           kewajibannya tepat waktu.

       (d) Kredit yang diberikan yaitu kredit kepada                   (d) Loans are loans to borrowers with
           debitur dengan riwayat pembayaran yang                          satisfactory track record of loan repayment
           baik dan tidak pernah direstrukturisasi,                        and whose accounts have never been
           memiliki kemampuan membayar dan rasio-                          restructured, have repayment capacity and
           rasio laporan posisi keuangan yang                              have conservative statement of financial
           konservatif.                                                    position ratios.

       (e) Penyertaan saham adalah investasi bank                      (e) Investment in shares of stocks are
           pada entitas lain dengan kepemilikan                            investment by the bank in other entities with
           dibawah 20%. Entitas tersebut merupakan                         ownership below 20%. The entities are
           institusi Pemerintah     atau    institusi                      Government      institutions    or     Local
           Pemerintah Daerah.                                              Government institutions.

       (f)   Aset lain-lain yaitu piutang bunga kepada                 (f)   Other assets are interest receivables from
             Pemerintah atau Pemerintah Daerah                               Government or Local Government such as:
             seperti Pendapatan Bunga yang Masih                             interest receivables from Government
             Harus Diterima (PYMHD) atas obligasi                            bonds and other receivables.
             Pemerintah dan piutang lainnya.




                                                         146
Page 749
                                                                    The original financial statements included herein are in the
                                                                                                          Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                      PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                              and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                               (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                       unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                  34. RISK MANAGEMENT (continued)

   Manajemen Risiko Kredit (lanjutan)                               Credit Risk Management (continued)

   (ii) Kualitas aset keuangan (lanjutan)                           (ii) Financial assets quality (continued)

       Tingkat standar                                                   Standard grade

       (a) Giro pada bank lain, penempatan pada                          (a) Current accounts with other banks,
           bank lain yaitu giro atau penempatan pada                         placement with other banks are current
           bank yang tidak terdaftar di bursa.                               accounts or placements with non-listed
                                                                             banks.

        (b) Efek-efek dan obligasi yaitu efek-efek dan                   (b) Securities and bonds are non-investment
            obligasi yang termasuk dalam non-                                grade securities and bonds with a rating of
            investment grade dengan rating minimal                           at least idBB (Pefindo), BBB- (S&P), Baa3
            idBB (Pefindo), BBB- (S&P), Baa3                                 (Moody’s) or BBB- (Fitch).
            (Moody’s) atau BBB- (Fitch).

       (c) Tagihan lainnya kepada pihak ketiga yang                      (c) Other receivables to third parties that are
           belum jatuh tempo dan memiliki kapasitas                          not past due and have adequate financial
           finansial yang memadai dalam hal                                  capacity to repay all obligations on time.
           pembayaran kembali seluruh kewajibannya
           tepat waktu.

       (d) Kredit yang diberikan yaitu kredit kepada                     (d) Loans are loans to borrowers with an
           debitur dengan riwayat pembayaran yang                            average track record of loan repayment,
           baik, debitur dengan riwayat pernah                               borrowers whose accounts has been
           direstrukturisasi, akses terbatas untuk                           restructured, limited access to raise
           memperoleh pendanaan dalam jumlah                                 substantial amounts of funds through public
           besar dari pasar terbuka, tingkat                                 market, volatile earnings and overall
           pendapatan dan kinerja keseluruhan tidak                          performance,     adequate        repayment
           stabil, memiliki kemampuan membayar                               capacity.
           yang cukup.

       (e) Penyertaan saham adalah investasi bank                        (e) Investment in shares of stocks are
           pada entitas lain selain institusi Pemerintah                     investment by the bank in other entities
           dengan kepemilikan dibawah 20%.                                   other than government institution with
                                                                             ownership below 20%.

       (f)   Aset lain-lain yaitu aset keuangan lainnya                  (f)   Other assets are financial assets other than
             selain piutang bunga kepada Pemerintah                            interest receivables from Government or
             atau Pemerintah Daerah seperti tagihan                            Local Government such as other
             rupa-rupa kepada pihak ketiga lainnya.                            receivables to third parties.




                                                           147
Page 750
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                         PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                 and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                  (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                          unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                     34. RISK MANAGEMENT (continued)

   Manajemen Risiko Kredit (lanjutan)                                  Credit Risk Management (continued)

   (ii) Kualitas aset keuangan (lanjutan)                              (ii) Financial assets quality (continued)

       Analisa kualitas kredit                                              Credit quality analysis

       Pengukuran kerugian kredit ekspektasian                              Measurement of Expected Credit Loss

       (a) Peningkatan risiko kredit secara signifikan                      (a) Significant increase in credit risk

            Ketika menentukan apakah risiko gagal                                When determining whether the risk of
            bayar pada instrumen keuangan telah                                  default on a financial instrument has
            meningkat    secara      signifikan    sejak                         increased      significantly since   initial
            pengakuan              awal,           Bank                          recognition, the Bank considers reasonable
            mempertimbangkan informasi yang wajar                                and supportable, relevant information
            dan terdukung, serta relevan yang tersedia                           available without undue cost or effort. It
            tanpa biaya atau upaya yang berlebihan.                              includes quantitative and qualitative
            Hal tersebut mencakup informasi dan                                  information and analysis, based on
            analisa    kuantitatif    dan       kualitatif,                      historical experience and credit expert
            berdasarkan pada pengalaman historis dan                             judgment and includes forward-looking
            penilaian pakar kredit dan termasuk                                  estimates.
            perkiraan masa depan (forward-looking).

            Tujuan dari penilaian ini adalah untuk                               The purpose of this assessment is to
            mengidentifikasi apakah peningkatan risiko                           identify whether a significant increase in
            kredit secara signifikan atas eksposur telah                         credit risk to exposure has occurred by
            terjadi dengan membandingkan:                                        comparing:
            (1) Probability of Default (PD) atas umur                            (1) Probability of Default (PD) for the
                 tersisa pada tanggal pelaporan;                                     remaining life at the reporting date;
                 dengan                                                              with
            (2) Probability of Default (PD) atas umur                            (2) Probability of Default (PD) for the
                 tersisa yang diestimasi pada saat                                   remaining life estimated at the initial
                 pengakuan awal eksposur (jika                                       recognition of the exposure (if relevant,
                 relevan,      disesuaikan      dengan                               adjusted for changes in expected
                 perubahan ekspektasi pembayaran di                                  prepayment).
                 muka).

            Bank juga menggunakan kriteria berikut                               The Bank also uses the following criteria in
            dalam menentukan apakah peningkatan                                  determining whether a significant increase
            risiko kredit secara signifikan atas eksposur                        in credit risk for exposure has occurred:
            telah terjadi:
            (1) Pengujian kuantitatif berdasarkan                                (1) Quantitative testing based on changes
                 perubahan Probability of Default (PD).                              in Probability of Default (PD).
            (2) Indikator kualitatif.                                            (2) Qualitative indicators.
            (3) Tertunggak lebih dari 30 hari.                                   (3) There are more than 30 days in
                                                                                     arrears.




                                                              148
Page 751
                                                                    The original financial statements included herein are in the
                                                                                                          Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                      PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                              and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                               (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                       unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                  34. RISK MANAGEMENT (continued)

   Manajemen Risiko Kredit (lanjutan)                               Credit Risk Management (continued)

   (ii) Kualitas aset keuangan (lanjutan)                           (ii) Financial assets quality (continued)

       Analisa kualitas kredit (lanjutan)                                Credit quality analysis (continued)

       Pengukuran     kerugian    kredit    ekspektasian                 Measurement        of    Expected      Credit    Loss
       (lanjutan)                                                        (continued)

       (a) Peningkatan risiko kredit secara signifikan                   (a) Significant      increase     in    credit    risk
           (lanjutan)                                                        (continued)

            Credit risk grades adalah input utama                             Credit risk grades are the main input in
            dalam penentuan struktur PD term                                  determining the PD term structure for
            structure    atas     eksposur.      Bank                         exposure. The Bank collects performance
            mengumpulkan informasi kinerja dan gagal                          and default information about credit risk
            bayar tentang eksposur risiko kredit yang                         exposures which are analyzed by
            dianalisa berdasarkan yurisdiksi atau                             jurisdiction or region and by product and
            wilayah dan menurut jenis produk dan                              borrower type as well as credit risk
            peminjam serta penilaian risiko kredit.                           assessment.       For   some    portfolios,
            Untuk beberapa portofolio, informasi yang                         information purchased from external credit
            dibeli dari penilai kredit eksternal juga                         assessors is also used.
            digunakan.

            Bank menggunakan model statistik untuk                            The Bank uses a statistical model to
            menganalisa data yang dikumpulkan dan                             analyze the data collected and generates a
            menghasilkan perkiraan Probability of                             Probability of Default (PD) estimate of the
            Default (PD) atas umur tersisa dan                                remaining life and how this is expected to
            bagaimana hal ini diperkirakan akan                               change as a result of the passage of time.
            berubah sebagai akibat dari berlalunya
            waktu.

       (b) Penentuan struktur Probability of Default                     (b) Determination of the Probability of Default
           (lanjutan)                                                        structure (continued)

            Analisa ini mencakup identifikasi dan                             This analysis includes identifying and
            kalibrasi hubungan antara perubahan                               calibrating the relationship between
            tingkat gagal bayar dan perubahan dalam                           changes in default rates and changes in
            faktor-faktor makro ekonomi utama serta                           key macroeconomic factors as well as an
            analisa mendalam tentang dampak faktor-                           in-depth analysis of the impact of certain
            faktor lain tertentu (misal restrukturisasi)                      other factors (such as restructuring) on
            pada risiko gagal bayar. Untuk sebagian                           default risk. For most exposures, the main
            besar eksposur, indikator makro ekonomi                           macroeconomic indicators include: Gross
            utama meliputi: Pertumbuhan Domestik                              Domestic Product (GDP), the benchmark
            Bruto (PDB), suku bunga acuan, dan                                interest rate, and the unemployment rate.
            tingkat pengangguran. Untuk eksposur                              For exposures to specific industries and / or
            pada industri dan/atau wilayah tertentu,                          regions, the analysis may include relevant
            analisa dapat mencakup harga komoditas                            commodity and/or property prices.
            dan/atau harga properti yang relevan.




                                                           149
Page 752
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                       PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                        unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                   34. RISK MANAGEMENT (continued)

   Manajemen Risiko Kredit (lanjutan)                                Credit Risk Management (continued)

   (ii) Kualitas aset keuangan (lanjutan)                            (ii) Financial assets quality (continued)

       Analisa kualitas kredit (lanjutan)                                 Credit quality analysis (continued)

       Pengukuran     kerugian    kredit    ekspektasian                  Measurement        of    Expected      Credit    Loss
       (lanjutan)                                                         (continued)

       (c) Penentuan terjadinya peningkatan risiko                        (c) Determination of occurance of significant
           kredit secara signifikan                                           increase in credit risk

            Kriteria untuk menentukan apakah risiko                            The criteria for determining whether credit
            kredit telah meningkat secara signifikan                           risk has increased significantly varies for
            bervariasi untuk setiap portofolio dan                             each portfolio and includes quantitative
            termasuk perubahan kuantitatif pada PD                             changes in PD and qualitative factors,
            dan faktor kualitatif, termasuk penentuan                          including a determination based on the
            berdasarkan status hari tunggakan.                                 status of the arrears day.

            Risiko kredit dari eksposur tertentu                               The credit risk of a particular exposure is
            dianggap telah meningkat secara signifikan                         considered to have increased significantly
            sejak pengakuan awal jika, berdasarkan                             since initial recognition if, based on the
            permodelan kuantitatif Bank, Probability of                        Bank's      quantitative   modeling,     the
            Default (PD) atas umur tersisa telah                               Probability of Default (PD) over the
            meningkat signifikan.                                              remaining life has increased significantly.

            Bank juga dapat menggunakan penilaian                              The bank may also use the judgment of a
            dari analis kredit dan, jika mungkin,                              credit analyst and, if possible, relevant
            pengalaman historis yang relevan, dalam                            historical experience, in determining that it
            menentukan bahwa mungkin eksposur                                  is possible that the exposure has been
            telah mengalami peningkatan risiko kredit                          subject to a significant increase in credit
            yang signifikan berdasarkan indikator                              risk based on certain qualitative indicators
            kualitatif tertentu yang dianggap dapat                            that are deemed to indicate this and the
            mengindikasi       hal   tersebut       dan                        effect may not be fully reflected in a
            pengaruhnya mungkin tidak sepenuhnya                               quantitative analysis on time.
            tercermin dalam analisis kuantitatif secara
            tepat waktu.

            Bank menentukan bahwa peningkatan                                  The Bank determines that a significant
            risiko kredit secara signifikan belum terjadi                      increase in credit risk has not occurred if
            apabila masih kurang dari 30 hari                                  there are less than 30 days in arrears. The
            tunggakan. Hari tunggakan ditentukan                               days in arrears are determined by counting
            dengan menghitung jumlah hari sejak                                the number of days from the original due
            tanggal jatuh tempo awal dimana                                    date for which full payment has not been
            pembayaran penuh belum diterima.                                   received. The maturity date is determined
            Tanggal jatuh tempo ditentukan tanpa                               without considering the grace period that
            mempertimbangkan masa tenggang yang                                may be available to the borrower.
            mungkin tersedia bagi peminjam.

            Bank memantau efektivitas kriteria yang                            The Bank monitors the effectiveness of the
            digunakan     dalam       mengidentifikasi                         criteria used in identifying significant
            peningkatan risiko kredit yang signifikan                          increases in credit risk by means of periodic
            dengan cara reviu berkala.                                         reviews.




                                                            150
Page 753
                                                                    The original financial statements included herein are in the
                                                                                                          Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                      PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                              and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                               (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                       unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                  34. RISK MANAGEMENT (continued)

   Manajemen Risiko Kredit (lanjutan)                               Credit Risk Management (continued)

   (ii) Kualitas aset keuangan (lanjutan)                           (ii) Financial assets quality (continued)

       Analisa kualitas kredit (lanjutan)                                Credit quality analysis (continued)

       Pengukuran     kerugian    kredit    ekspektasian                 Measurement        of    Expected      Credit    Loss
       (lanjutan)                                                        (continued)

       (d) Modifikasi aset keuangan                                      (d) Modification of financial assets

            Ketentuan kontraktual pinjaman dapat                              The contractual terms of a loan can be
            dimodifikasi untuk beberapa alasan,                               modified for a number of reasons, including
            termasuk perubahan kondisi pasar, retensi                         changes in market conditions, customer
            pelanggan dan faktor-faktor lain yang tidak                       retention and other factors that are not
            terkait dengan penurunan kredit saat                              related to credit decline when a loan whose
            pinjaman yang ketentuan kontraktualnya                            contractual terms is modified can cause the
            dimodifikasi dapat menyebabkan pinjaman                           original loan to be derecognized and the
            awal dihentikan pengakuannya dan                                  modified loan recognized as a new loan at
            pinjaman hasil modifikasi diakui sebagai                          fair value.
            pinjaman baru pada nilai wajar.

            Ketika ketentuan kontraktual pinjaman                             When the contractual terms of a loan are
            dimodifikasi dan tidak mengakibatkan                              modified and do not result in derecognition,
            penghentian       pengakuan,    penentuan                         determining the occurrence of a significant
            terjadinya peningkatan risiko kredit secara                       increase in credit risk is made by
            signifikan    dilakukan    dengan      cara                       comparing:
            membandingkan:
                Sisa PD sepanjang umur pada tanggal                             Remaining PD throughout the life at the
                 pelaporan berdasarkan ketentuan                                  reporting date based on the modified
                 yang dimodifikasi; dengan                                        provisions; with
                Sisa PD sepanjang umur yang                                     Remaining PD throughout life estimated
                 diestimasi berdasarkan data pada saat                            based on data at initial recognition and
                 pengakuan awal dan ketentuan                                     initial contractual terms.
                 kontraktual awal.

       (e) Definisi gagal bayar (default)                                (e) Definition of default

            Bank menganggap aset keuangan dalam                               The Bank considers a financial asset to be
            keadaan gagal bayar ketika:                                       in default when:
               Debitur tidak mungkin membayar                                 It is impossible for the debtor to pay his
                kewajiban kreditnya secara penuh,                                 credit obligation in full, without recourse
                tanpa     bantuan     (recourse)    dari                          from his business group; or
                kelompok usahanya; atau
               Debitur telah melewati jatuh tempo                               The debtor has more than 90 days past
                lebih dari 90 hari atas kewajiban kredit                          due for any material credit obligations to
                material apa pun kepada kelompok                                  the group.
                usahanya.




                                                           151
Page 754
                                                                    The original financial statements included herein are in the
                                                                                                          Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                      PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                              and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                               (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                       unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                  34. RISK MANAGEMENT (continued)

   Manajemen Risiko Kredit (lanjutan)                               Credit Risk Management (continued)

   (ii) Kualitas aset keuangan (lanjutan)                           (ii) Financial assets quality (continued)

       Analisa kualitas kredit (lanjutan)                                Credit quality analysis (continued)

       Pengukuran      kerugian   kredit    ekspektasian                 Measurement        of    Expected      Credit    Loss
       (lanjutan)                                                        (continued)

       (e) Definisi gagal bayar (default) (lanjutan)                     (e) Definition of default (continued)

             Dalam menilai apakah debitur dalam                                In assessing whether the debtor is in
             keadaan         gagal      bayar,     Bank                        default, the Bank considers the following
             mempertimbangkan indikator berikut:                               indicators:
                Kualitatif,    seperti     pelanggaran                         Qualitative, such as breaches of
                 persyaratan penjanjian (covenants);                               covenants;
                Kuantitatif, seperti status tunggakan;                         Quantitative, such as status in arrears;
                 dan                                                               and
                Berdasarkan data yang dikembangkan                             Based on data developed internally and
                 secara internal dan diperoleh dari                                obtained from external sources.
                 sumber eksternal.

             Bank menggunakan informasi forward-                               The Bank uses forward-looking information
             looking dalam menilai apakah telah                                in assessing whether there has been a
             terjadinya peningkatan risiko kredit secara                       significant increase in credit risk and in
             signifikan dan pengukuran kerugian kredit                         measuring expected credit losses.
             ekspektasian.

       (f)   Input, asumsi, dan teknik yang digunakan                    (f)   Inputs, assumptions, and techniques used
             dalam mengestimasi penurunan nilai                                to estimate impairment

             Penggunaan informasi perkiraan masa                               Use of forward-looking information
             depan (forward-looking)

             Berdasarkan       saran     dari    Komite                        Based on suggestions from the Risk
             Manajemen Risiko, pakar ekonomi dan                               Management        Committee,      economic
             pertimbangan berbagai informasi aktual                            experts and consideration of various actual
             dan      perkiraan      eksternal,   Bank                         and external forecast information, the Bank
             merumuskan pandangan dasar (base                                  formulates a basic view (base case) on the
             case) tentang pergerakan variabel ekonomi                         movement of relevant economic variables
             yang relevan dimasa depan serta perkiraan                         in the future as well as other possible
             skenario lain yang mungkin terjadi. Proses                        scenario estimates. This process involves
             ini meliputi pengembangan dua atau lebih                          developing two or more additional
             skenario      ekonomi     tambahan     dan                        economic scenarios and considering the
             mempertimbangkan probabilitas relatif dari                        relative probability of possible outputs.
             keluaran (output) yang mungkin. Informasi                         External information includes economic
             eksternal mencakup data ekonomi dan                               data and forecasts published by, such as
             perkiraan yang diterbitkan oleh, seperti                          government agencies and selected private
             badan pemerintah dan analis sektor swasta                         sector analysts and academics.
             dan akademisi terpilih.




                                                           152
Page 755
                                                                        The original financial statements included herein are in the
                                                                                                              Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                          PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                        As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                  and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                   (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                           unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                   34. RISK MANAGEMENT (continued)

   Manajemen Risiko Kredit (lanjutan)                                   Credit Risk Management (continued)

   (ii) Kualitas aset keuangan (lanjutan)                               (ii) Financial assets quality (continued)

       Analisa kualitas kredit (lanjutan)                                    Credit quality analysis (continued)

       Pengukuran       kerugian   kredit   ekspektasian                     Measurement        of     expected      credit    loss
       (lanjutan)                                                            (continued)

       (f)   Input, asumsi, dan teknik yang digunakan                        (f)    Inputs, assumptions, and techniques used
             dalam mengestimasi penurunan nilai                                     to estimate impairment (continued)
             (lanjutan)

             Penggunaan informasi perkiraan masa                                    Use     of  forward-looking        information
             depan (forward-looking) (lanjutan)                                     (continued)

             Pandangan      dasar      (base    case)                               The basic view (base case) reflects the
             mencerminkan        keluaran     dengan                                output with the highest probability and is
             probabilitas yang paling tinggi dan                                    used in strategic planning and budgeting.
             digunakan dalam perencanaan strategis                                  The other scenario reflects a more
             dan anggaran. Skenario yang lain,                                      optimistic output and a more pessimistic
             mencerminkan keluaran yang lebih optimis                               outcome.
             dan keluaran yang lebih pesimis.

             Skenario ekonomi yang dirumuskan                                       The economic scenario is formulated using
             menggunakan kisaran indikator utama                                    the following main indicator ranges:
             berikut:

                                              31 Desember/                           31 Desember/
                                            December 31, 2025                      December 31, 2024
             Pertumbuhan PDB               Dasar/Base 5,11%                       Dasar/Base 5,02%                GDP Growth
                                    Kisaran antara 4,70 hingga 5,00%/      Kisaran antara 4,40 hingga 5,12%/
                                       Ranges from 4.70 to 5.00%              Ranges from 4.40 to 5.12%
             Tingkat Konsumsi              Dasar/Base 4,98%                       Dasar/Base 4,98%           Consumption Rate
                                    Kisaran antara 4,60 hingga 4,87%/      Kisaran antara 4,25 hingga 4,99%/
                                       Ranges from 4.60 to 4.87%              Ranges from 4.25 to 4.99%
             Tingkat Investasi             Dasar/Base 5,09%                       Dasar/Base 5,03%             Investment Rate
                                    Kisaran antara 3,92 hingga 4,67%/      Kisaran antara 3,90 hingga 4,76%/
                                       Ranges from 3.92 to 4.67%              Ranges from 3.90 to 4.76%

             Pengukuran kerugian kredit ekspektasian                                Measurement of Expected Credit Loss

             Input utama dalam pengukuran kerugian                                  The main inputs in measuring expected
             kredit ekspektasian adalah variabel berikut:                           credit losses are the following variables:
                Probability of Default (PD)                                           Probability of Default (PD)
                Loss of Given Default (LGD)                                           Loss of Given Default (LGD)
                Exposure at Default (EAD)                                             Exposure at Default (EAD)

             Parameter ini umumnya berasal dari model                               These parameters generally come from
             statistik yang dikembangkan secara                                     internally developed statistical models and
             internal dan data historis lainnya.                                    other historical data. These parameters are
             Parameter      ini disesuaikan     untuk                               adjusted     to    reflect   forward-looking
             mencerminkan informasi forward-looking.                                information.




                                                            153
Page 756
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                        PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                      As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                 (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                         unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                    34. RISK MANAGEMENT (continued)

   Manajemen Risiko Kredit (lanjutan)                                 Credit Risk Management (continued)

   (ii) Kualitas aset keuangan (lanjutan)                             (ii) Financial assets quality (continued)

       Analisa kualitas kredit (lanjutan)                                  Credit quality analysis (continued)

       Pengukuran      kerugian    kredit   ekspektasian                   Measurement        of    expected       credit    loss
       (lanjutan)                                                          (continued)

       (f)   Input, asumsi, dan teknik yang digunakan                      (f)   Inputs, assumptions, and techniques used
             dalam mengestimasi penurunan nilai                                  to estimate impairment (continued)
             (lanjutan)

             Pengukuran kerugian kredit ekspektasian                             Measurement of Expected Credit Loss
             (lanjutan)                                                          (continued)

             Estimasi PD adalah estimasi pada tanggal                            Probability of Default (PD) estimation is an
             tertentu, yang dihitung berdasarkan model                           estimate at a specific date, calculated
             peringkat      statistik,   dan     dinilai                         based on a statistical ranking model, and
             menggunakan rating yang disesuaikan                                 assessed using a rating adjusted for
             dengan berbagai kategori dari debitur dan                           various categories of debtors and
             eksposur. Model statistik ini didasarkan                            exposures. This statistical model is based
             pada data yang disusun secara internal                              on internally compiled data consisting of
             yang terdiri dari faktor kuantitatif dan                            quantitative and qualitative factors.
             kualitatif.

             LGD adalah besarnya kerugian jika terjadi                           Loss of Given Default (LGD) is the amount
             gagal bayar. Parameter LGD diestimasi                               of loss in the event of default. The LGD
             secara historis berdasarkan tingkat                                 parameter is estimated historically based
             pemulihan atas klaim terhadap debitur                               on the rate of recovery of claims against
             yang     gagal      bayar.    Model      LGD                        defaulters. The LGD model considers the
             mempertimbangkan struktur, jaminan,                                 structure, guarantees, seniority of claims,
             senioritas klaim, industri debitur, dan biaya                       the debtor's industry, and the cost of
             pemulihan setiap jaminan yang merupakan                             recovery of each guarantee that is an
             bagian integral dari aset keuangan.                                 integral part of a financial asset.

             EAD merepresentasikan estimasi eksposur                             Exposure at Default (EAD) represents the
             jika terjadi gagal bayar. EAD suatu aset                            estimated exposure in case of default. The
             keuangan adalah jumlah tercatat bruto.                              EAD of a financial asset is the gross
             Untuk komitmen pinjaman dan jaminan                                 carrying amount. For loan commitments
             keuangan, EAD mencakup jumlah yang                                  and financial guarantees, EAD includes the
             telah ditarik, serta jumlah potensial di masa                       amount that has been drawn, as well as the
             depan yang akan ditarik, yang diestimasi                            potential future amount that will be
             berdasarkan pengamatan historis dan                                 withdrawn, which is estimated based on
             perkiraan berwawasan ke depan (forward-                             historical observations and forward-looking
             looking).                                                           estimates.

             Ketika pemodelan parameter dilakukan                                When the modeling of parameters is carried
             secara kolektif, instrumen keuangan                                 out collectively, financial instruments are
             dikelompokkan berdasarkan kesamaan                                  grouped      based      on    similar   risk
             karakteristik risiko yang meliputi:                                 characteristics which include:
                 Jenis instrumen;                                                  Type of instrument;
                 Peringkat risiko kredit;                                          Credit risk rating;
                 Jenis agunan;                                                     Collateral type;
                 Tanggal pengakuan awal;                                           The date of initial recognition;
                 Sisa waktu jatuh tempo.                                           Remaining maturity.



                                                             154
Page 757
                                                                                          The original financial statements included herein are in the
                                                                                                                                Indonesian language.

         PT BANK RAYA INDONESIA Tbk                                                                  PT BANK RAYA INDONESIA Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2025 dan untuk                                                                As of December 31, 2025
    Tahun yang Berakhir pada Tanggal Tersebut                                                          and for the Year Then Ended
          (Disajikan dalam ribuan Rupiah,                                                           (Expressed in thousands of Rupiah,
              kecuali dinyatakan lain)                                                                   unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                                     34. RISK MANAGEMENT (continued)

    Manajemen Risiko Kredit (lanjutan)                                                    Credit Risk Management (continued)

(ii) Kualitas aset keuangan (lanjutan)                                             (ii) Financial assets quality (continued)

    Analisa kualitas kredit (lanjutan)                                                    Credit quality analysis (continued)

    Pengukuran kerugian kredit ekspektasian (lanjutan)                                    Measurement of expected credit loss (continued)

    (f)   Input, asumsi, dan teknik yang digunakan dalam                                  (f)       Inputs, assumptions, and techniques used to
          mengestimasi penurunan nilai (lanjutan)                                                   estimate impairment (continued)

          Pengukuran              kerugian   kredit    ekspektasian                                 Measurement          of    Expected   Credit   Loss
          (lanjutan)                                                                                (continued)

          Berdasarkan PSAK 109, aset keuangan yang                                                  According to SFAS 109, financial asset is due
          telah jatuh tempo ditentukan ketika debitur                                               when the repayment is default. The table below
          gagal melakukan pembayaran sesuai jadwal.                                                 shows aging analysis of past-due but not
          Tabel di bawah menunjukkan aging analysis                                                 impaired loans:
          terhadap kredit yang diberikan yang telah jatuh
          tempo tetapi tidak mengalami penurunan nilai:
                                                                         31 Desember/December 31, 2025

                                              ≤ 30 hari/     31 - 60 hari/    61 - 90 hari/          > 90 hari/
                                              ≤ 30 days      31 - 60 days     61 - 90 days           > 90 days         Total

          Kredit yang diberikan                                                                                                                     Loans
             Ritel                              40.461.687       3.000.000                    -                   -    43.461.687                Retail
             Mikro                              13.214.792       2.755.507                    -                   -    15.970.299                 Micro
             Konsumer                           80.816.071          25.897                    -                   -    80.841.968             Consumer

          Total                                134.492.550       5.781.404                                            140.273.954                   Total


                                                                         31 Desember/December 31, 2024

                                              ≤ 30 hari/     31 - 60 hari/    61 - 90 hari/          > 90 hari/
                                              ≤ 30 days      31 - 60 days     61 - 90 days           > 90 days         Total

          Kredit yang diberikan                                                                                                                     Loans
             Ritel                              78.545.530       5.048.246                    -                   -    83.593.776                Retail
             Mikro                              12.271.425       1.072.234                    -                   -    13.343.659                 Micro
             Konsumer                           67.165.125          25.768                    -                   -    67.190.893             Consumer

          Total                                157.982.080       6.146.248                    -                   -   164.128.328                   Total




                                                                             155
Page 758
                                                                                                       The original financial statements included herein are in the
                                                                                                                                             Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                                          PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                                                       NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                                        As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                                                  and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                                                   (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                                           unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                                                    34. RISK MANAGEMENT (continued)

   Manajemen Risiko Kredit (lanjutan)                                                                  Credit Risk Management (continued)

   (iii) Analisa konsentrasi risiko                                                                    (iii) Risk concentration analysis

       (a) Sektor geografis                                                                                  (a) Geographical sectors

             Tabel berikut menggambarkan rincian                                                                       The following tables show the details of
             eksposur kredit yang dikategorikan                                                                        credit    exposures      categorized    by
             berdasarkan wilayah geografis pada                                                                        geographic area as of December 31, 2025
             tanggal-tanggal 31 Desember 2025 dan                                                                      and 2024. where the geographic grouping
             2024, dimana pengelompokan wilayah                                                                        are based on the Bank’s business
             geografis berdasarkan pada tempat                                                                         operational regions which also illustrates
             beroperasinya bisnis Bank yang sekaligus                                                                  the business potential of each region:
             menggambarkan potensial bisnis di
             wilayah masing-masing:

                                                                                       31 Desember/December 31, 2025

                                                                      Jawa dan Bali/                                         Lainnya/
                                                      Jabodetabek     Java and Bali     Sumatera        Sulawesi              Others            Total

           Aset                                                                                                                                                                     Assets
                                                                                                                                                                      Current accounts with
           Giro pada Bank Indonesia                    677.612.764                -                -               -                    -     677.612.764                   Bank Indonesia
                                                                                                                                                                      Current accounts with
           Giro pada bank lain                         498.924.146        1.109.323          49.895         10.000            7.335.683       507.429.047                    other banks

           Efek-efek                                                                                                                                                               Securities
              Nilai wajar melalui                                                                                                                                      Fair value through
                   laba rugi                           333.170.000                -                -               -                    -     333.170.000                  profit or loss
              Nilai wajar melalui
                   penghasilan                                                                                                                                   Fair value through other
                   komprehensif lain                  2.460.685.265               -                -               -                    -    2.460.685.265      comprehensive income
              Biaya perolehan
                   diamortisasi                       2.274.474.499               -                -               -                    -    2.274.474.499                Amortized cost
           Kredit yang diberikan                                                                                                                                                      Loans
              Menengah                                3.642.690.010              -      152.056.435               -                     -    3.794.746.445                        Middle
              Ritel                                     635.195.173    358.337.016      367.656.412      45.580.534                     -    1.406.769.135                         Retail
              Mikro                                   1.102.403.988     47.530.901       43.633.732       4.024.722                     -    1.197.593.343                         Micro
              Konsumer                                1.102.432.123     19.281.107      183.104.675      11.396.615                     -    1.316.214.520                     Consumer
           Penyertaan saham                                  20.000              -           57.510               -                     -           77.510    Investment in shares of stocks
           Aset lain-lain*)                              96.128.156         21.205          285.924          70.620                     -       96.505.903                    Other assets*)

           Total                                  12.823.736.124       426.279.552      746.844.583      61.082.491           7.335.683     14.065.278.433                             Total

           Cadangan kerugian
              penurunan nilai                                                                                                               (1.442.349.493) Allowance for impairment losses

           Neto                                                                                                                             12.622.928.940                               Net


           Rekening Administratif                                                                                                                                 Administrative accounts
           Fasilitas kredit yang belum ditarik**) `     52.088.503      20.048.875       41.514.293       2.021.064                           115.672.735            Unused loan facility**)

           Total                                        52.088.503      20.048.875       41.514.293       2.021.064                           115.672.735                              Total


                        *)                                                                                              *)
                                 Aset lain-lain terdiri atas piutang bunga dan piutang lain-lain                              Other assets consist of interest receivables and other
                                                                                                                              receivables
                        **)                                                                                            **)
                                 Hanya fasilitas kredit komitmen yang belum ditarik.                                          Only for committed unused loan facility




                                                                                         156
Page 759
                                                                                                       The original financial statements included herein are in the
                                                                                                                                             Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                                         PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                                                      NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                                       As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                                                 and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                                                  (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                                          unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                                                   34. RISK MANAGEMENT (continued)

   Manajemen Risiko Kredit (lanjutan)                                                                  Credit Risk Management (continued)

   (iii) Analisa konsentrasi risiko (lanjutan)                                                         (iii) Risk concentration analysis (continued)

       (a) Sektor geografis (lanjutan)                                                                      (a) Geographical sectors (continued)

             Tabel berikut menggambarkan rincian                                                                       The following tables show the details of
             eksposur kredit yang dikategorikan                                                                        credit   exposures     categorized      by
             berdasarkan wilayah geografis pada                                                                        geographic area as of December 31, 2025
             tanggal-tanggal 31 Desember 2025 dan                                                                      and 2024. where the geographic grouping
             2024, dimana pengelompokan wilayah                                                                        are based on the Bank’s business
             geografis berdasarkan pada tempat                                                                         operational regions which also illustrates
             beroperasinya bisnis Bank yang sekaligus                                                                  the business potential of each region
             menggambarkan potensial bisnis di                                                                         (continued):
             wilayah masing-masing (lanjutan):

                                                                                      31 Desember/December 31, 2024

                                                                     Jawa dan Bali/                                          Lainnya/
                                                    Jabodetabek      Java and Bali     Sumatera         Sulawesi             Others             Total

           Aset                                                                                                                                                                        Assets
                                                                                                                                                                      Current accounts with
           Giro pada Bank Indonesia                   491.826.632                -                 -               -                    -     491.826.632                    Bank Indonesia
                                                                                                                                                                      Current accounts with
           Giro pada bank lain                220.627.769                 119.957           49.933          10.000            7.685.043       228.492.702                        other banks
           Penempatan pada Bank Indonesia                                                                                                                    Placements with Bank Indonesia
               dan bank lain                  949.861.499                        -                 -               -                    -     949.861.499                and other banks
           Efek-efek                                                                                                                                                               Securities
               Nilai wajar melalui                                                                                                                                     Fair value through
                   laba rugi                  295.309.031                        -                 -               -                    -     295.309.031                  profit or loss
               Nilai wajar melalui
                   penghasilan                                                                                                                                    Fair value through other
                   komprehensif lain        2.336.669.529                        -                 -               -                    -   2.336.669.529          comprehensive income
               Biaya perolehan
                   diamortisasi             1.828.736.508                        -                 -               -                    -   1.828.736.508                   Amortized cost
               Efek-efek yang dibeli dengan                                                                                                                    Securities purchased under
                   janji dijual kembali       197.808.583                        -                 -               -                    -     197.808.583            agreement to resell
           Kredit yang diberikan                                                                                                                                                       Loans
               Menengah                     3.632.637.821                       -      152.738.083                 -                  -     3.785.375.904                          Middle
               Ritel                          761.660.872             220.187.755      262.458.858                 -         43.946.764     1.288.254.249                           Retail
               Mikro                          740.334.328              53.311.727       49.722.642                 -          5.760.447       849.129.144                           Micro
               Konsumer                       979.177.755              17.391.041      191.671.383                 -         14.951.212     1.203.191.391                       Consumer
           Penyertaan saham                        77.510                       -                -                 -                  -            77.510      Investment in shares of stocks
           Aset lain-lain*)                    72.354.128                  27.447          125.608                 -             39.150        72.546.333                      Other assets*)

           Total                                    12.507.081.965    291.037.927      656.766.507          10.000           64.707.573     13.527.279.015                             Total

           Cadangan kerugian
              penurunan nilai                                                                                                               (1.046.342.039) Allowance for impairment losses

           Neto                                                                                                                             12.480.936.976                               Net


           Rekening Administratif                                                                                                                                  Administrative accounts
           Fasilitas kredit yang belum ditarik**)      71.765.699      13.576.503       34.691.864                 -          3.545.932       123.579.998             Unused loan facility**)
           Garansi yang diterbitkan                             -          48.835                -                 -                  -            48.835               Guarantees issued

           Total                                       71.765.699      13.625.338       34.691.864                 -          3.545.932       123.628.833                              Total


                        *)                                                                                              *)
                                 Aset lain-lain terdiri atas piutang bunga dan piutang lain-lain                              Other assets consist of interest receivables and other
                                                                                                                              receivables
                        **)                                                                                            **)
                                 Hanya fasilitas kredit komitmen yang belum ditarik.                                          Only for committed unused loan facility




                                                                                        157
Page 760
                                                                                                        The original financial statements included herein are in the
                                                                                                                                              Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                                              PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                                                           NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                                            As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                                                      and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                                                       (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                                               unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                                                   34. RISK MANAGEMENT (continued)

   Manajemen Risiko Kredit (lanjutan)                                                                   Credit Risk Management (continued)

   (iii) Analisa konsentrasi risiko (lanjutan)                                                          (iii) Risk concentration analysis (continued)

       (b) Sektor industri                                                                                     (b) Industrial sectors

               Tabel berikut menggambarkan rincian                                                                    The following tables provide the details of
               eksposur kredit pada nilai tercatat yang                                                               the credit exposure at the carrying amounts
               dikategorikan berdasarkan sektor industri                                                              categorized by industry sector as of
               pada tanggal-tanggal 31 Desember 2025                                                                  December 31, 2025 and 2024:
               dan 2024:

                                                                                 31 Desember/December 31, 2025

                                                 Pemerintah
                                                  (termasuk           Bank dan
                                                     Bank              lembaga
                                                 Indonesia)/          keuangan
                                                 Government             lainnya/           Perusahaan
                                                  (including          Banks and              lainnya/
                                                     Bank           other financial           Other           Perseorangan/
                                                  Indonesia)         institutions          companies           Individuals            Total

       Aset                                                                                                                                                                     Assets
       Giro pada                                                                                                                                                 Current accounts with
          Bank Indonesia                           677.612.764                        -                  -                   -      677.612.764                     Bank Indonesia
                                                                                                                                                                 Current accounts with
       Giro pada bank lain                                      -      507.429.047                       -                   -      507.429.047                         other banks
       Efek-efek                                                                                                                                                              Securities
          Nilai wajar melalui                                                                                                                              Fair value through profit
              laporan laba rugi                    333.170.000                        -                  -                   -      333.170.000                           or loss
          Nilai wajar melalui penghasilan                                                                                                                  Fair value through other
              komprehensif lain                  2.099.405.341         350.831.924              10.448.000                   -    2.460.685.265          comprehensive income
          Biaya perolehan diamortisasi           2.189.299.499          75.000.000              10.175.000                   -    2.274.474.499                     Amortized cost
       Kredit yang diberikan                                                                                                                                                      Loans
          Menengah                                 720.413.913                    -        3.074.332.532                   -      3.794.746.445                               Middle
          Ritel                                              -                    -        1.019.006.321         387.762.815      1.406.769.136                                Retail
          Mikro                                              -                    -           17.796.758       1.179.796.583      1.197.593.341                                Micro
          Konsumer                                           -                    -                    -       1.316.214.521      1.316.214.521                          Consumer
       Penyertaan saham                                      -               57.510               20.000                   -             77.510         Investment in shares of stocks
       Aset lain-lain*)                             86.832.905            2.836.321            6.577.989             258.691         96.505.906                          Other assets*)

       Total                                     6.106.734.422         936.154.802         4.138.356.600       2.884.032.610     14.065.278.434                                   Total

       Cadangan kerugian                                                                                                                                                Allowance for
         penurunan nilai                                                                                                         (1.442.349.493)                 impairment losses

       Neto                                                                                                                      12.622.928.941                                 Net


       Rekening Administratif                                                                                                                               Administrative Accounts
       Garansi yang diterbitkan                               10                      -     107.483.593             8.189.132       115.672.735                   Guarantees issued

       Total                                                  10                      -     107.483.593             8.189.132       115.672.735                                   Total

       *)                                                                                                      *)
               Aset lain-lain terdiri atas piutang bunga dan piutang lain-lain                                        Other assets consist of interest receivables and other receivables




                                                                                          158
Page 761
                                                                                                        The original financial statements included herein are in the
                                                                                                                                              Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                                              PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                                                           NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                                            As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                                                      and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                                                       (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                                               unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                                                   34. RISK MANAGEMENT (continued)

   Manajemen Risiko Kredit (lanjutan)                                                                   Credit Risk Management (continued)

   (iii) Analisa konsentrasi risiko (lanjutan)                                                          (iii) Risk concentration analysis (continued)

       (b) Sektor industri (lanjutan)                                                                          (b) Industrial sectors (continued)

                                                                                 31 Desember/December 31, 2024

                                                 Pemerintah
                                                  (termasuk           Bank dan
                                                     Bank              lembaga
                                                 Indonesia)/          keuangan
                                                 Government             lainnya/           Perusahaan
                                                  (including          Banks and              lainnya/
                                                     Bank           other financial           Other           Perseorangan/
                                                  Indonesia)         institutions          companies           Individuals            Total

       Aset                                                                                                                                                                      Assets
       Giro pada                                                                                                                                                  Current accounts with
          Bank Indonesia                           491.826.632                        -                  -                   -      491.826.632                      Bank Indonesia
                                                                                                                                                                  Current accounts with
       Giro pada bank lain                                      -      228.492.702                       -                   -      228.492.702                          other banks
       Penempatan pada Bank                                                                                                                                       Placements with Bank
          Indonesia dan bank lain                  949.861.499                        -                  -                   -      949.861.499          Indonesia and other banks
       Efek-efek                                                                                                                                                               Securities
          Nilai wajar melalui                                                                                                                               Fair value through profit
              laporan laba rugi                    295.309.031                        -                  -                   -      295.309.031                            or loss
          Nilai wajar melalui penghasilan                                                                                                                   Fair value through other
              komprehensif lain                  2.161.369.848         124.483.681              50.816.000                   -    2.336.669.529          comprehensive income
          Biaya perolehan diamortisasi           1.828.736.508                   -                       -                   -    1.828.736.508                       Amortized cost
       Efek-efek yang dibeli dengan                                                                                                                        Securities purchased under
          janji dibeli kembali                     197.808.583                        -                  -                   -      197.808.583                  agreement to resell
       Kredit yang diberikan                                                                                                                                                       Loans
          Menengah                                 775.314.325                    -        3.010.061.579                   -      3.785.375.904                                Middle
          Ritel                                        500.000                    -          945.451.425         342.302.824      1.288.254.249                                 Retail
          Mikro                                              -                    -           22.008.878         827.120.266        849.129.144                                 Micro
          Konsumer                                           -                    -                    -       1.203.191.391      1.203.191.391                           Consumer
       Penyertaan saham                                      -               57.510               20.000                   -             77.510         Investment in shares of stocks
       Aset lain-lain*)                             66.690.383              706.441            5.149.509                   -         72.546.333                           Other assets*)

       Total                                     6.767.416.809         353.740.334         4.033.507.391       2.372.614.481     13.527.279.015                                    Total

       Cadangan kerugian                                                                                                                                                Allowance for
         penurunan nilai                                                                                                         (1.046.342.039)                 impairment losses

       Neto                                                                                                                      12.480.936.976                                   Net

       Rekening Administratif                                                                                                                               Administrative Accounts
       Fasilitas kredit yang belum ditarik**)                 10                      -     118.342.514              5.237.474      123.579.998                Unused loan facility**)
       Garansi yang diterbitkan                                -                      -               -                 48.835           48.835                   Guarantees issued

       Total                                                  10                      -     118.342.514              5.286.309      123.628.833                                    Total

       *)                                                                                                       *)
               Aset lain-lain terdiri atas piutang bunga dan piutang lain-lain                                        Other assets consist of interest receivables and other receivables
       **)                                                                                                     **)
               Hanya fasilitas kredit komitmen yang belum ditarik.                                                    Only for committed unused loan facility


   (iv) Penurunan nilai aset keuangan pada tanggal-                                                     (iv) Impairment of financial assets                                  as         of
        tanggal 31 Desember 2025 dan 2024                                                                    December 31, 2025 and 2024

       (a) Giro pada bank lain                                                                                 (a) Current accounts with other banks

               Pada tanggal 31 Desember 2025 dan 2024,                                                                 As of December 31, 2025 and 2024, this
               aset keuangan ini tidak mengalami                                                                       financial asset is not individually or
               penurunan nilai baik secara individual                                                                  collectively impaired.
               maupun kolektif.

       (b) Penempatan pada Bank Indonesia dan                                                                  (b) Placements with Bank Indonesia and other
           bank lain                                                                                               banks

               Pada tanggal 31 Desember 2025 dan 2024,                                                                 As of December 31, 2025 and 2024, this
               aset keuangan ini tidak mengalami                                                                       financial asset is not individually or
               penurunan nilai baik secara individual                                                                  collectively impaired.
               maupun kolektif.



                                                                                          159
Page 762
                                                                                          The original financial statements included herein are in the
                                                                                                                                Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                                PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                              As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                                        and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                                         (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                                 unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                                     34. RISK MANAGEMENT (continued)

   Manajemen Risiko Kredit (lanjutan)                                                     Credit Risk Management (continued)

   (iv) Penurunan nilai aset keuangan pada tanggal-                                       (iv)    Impairment of financial assets as                               of
        tanggal 31 Desember 2025 dan 2024 (lanjutan):                                            December 31, 2025 and 2024 (continued):

       (c) Efek-efek                                                                             (c) Securities

              Pada tanggal 31 Desember 2025 dan 2024,                                                  As of December 31, 2025 and 2024, this
              aset keuangan ini tidak mengalami                                                        financial asset is not individually or
              penurunan nilai baik secara individual                                                   collectively impaired.
              maupun kolektif.

       (d) Efek-efek yang dibeli dengan janji dijual                                             (d) Securities purchased under agreement to
           kembali                                                                                   resell

              Pada tanggal-tanggal 31 Desember 2024,                                                   As of December 31, 2024, this financial
              aset keuangan ini tidak mengalami                                                        asset is not individually or collectively
              penurunan nilai secara individual maupun                                                 impaired.
              kolektif.

       (e) Kredit yang diberikan                                                                 (e) Loans

              Pada tanggal-tanggal 31 Desember 2025                                                    As of December 31, 2025 and 2024, the
              dan 2024, rincian kredit yang mengalami                                                  details of and impaired and not impaired
              penurunan nilai dan yang tidak mengalami                                                 loans are as follows:
              penurunan nilai adalah sebagai berikut:
                                                                        31 Desember/December 31, 2025
                                                Belum jatuh tempo atau        Telah jatuh
                                             tidak mengalami penurunan       tempo tetapi
                                                 nilai/Neither past due          tidak
                                                      nor impaired            mengalami
                                                                              penurunan
                                                              Tingkat            nilai/          Mengalami
                                                             standar/          Past-due          penurunan
                                           Tingkat tinggi/   Standard           but not             nilai/
                                             High grade        grade           impaired           impaired          Total
       Rupiah                                                                                                                                                 Rupiah
       Pertanian                            1.365.494.933       7.154.401          7.319.854     1.150.746.786   2.530.715.974                            Agriculture
       Jasa dunia usaha                     1.334.777.051      13.221.912         10.970.181        22.874.890   1.381.844.034                    Business services
       Perdagangan, perhotelan, restoran      465.907.919      53.640.426         13.230.088       106.368.284     639.146.717        Trading, hotel and restaurant
       Perindustrian                          627.103.773      15.341.852          9.259.009        19.237.926     670.942.560                         Manufacturing
       Konstruksi                             518.354.338      13.975.102         11.158.342       499.711.332   1.043.199.114                          Construction
       Jasa pelayanan sosial                    5.886.524       4.995.230            489.148         5.261.594      16.632.496                        Social services
       Pengangkutan, pergudangan dan                                                                                               Transportation, warehousing and
          komunikasi                            8.216.141       2.520.853          2.751.324        1.420.262       14.908.580               telecommunication
       Listrik, gas dan air                         2.639         196.663                           5.635.342        5.834.644            Electricity, gas and water
       Pertambangan                               404.497                                           4.341.042        4.745.539                                 Mining
       Lain-lain                            1.188.840.969      39.429.709         85.096.008       93.987.099    1.407.353.785                                 Others

                                            5.514.988.784     150.476.148      140.273.954       1.909.584.557   7.715.323.443

       Cadangan kerugian                                                                                                                             Allowance for
         penurunan nilai                                                                                         (1.442.219.440)              impairment losses
       Neto                                                                                                      6.273.104.003                                   Net




                                                                            160
Page 763
                                                                                          The original financial statements included herein are in the
                                                                                                                                Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                                PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                              As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                                        and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                                         (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                                 unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                                     34. RISK MANAGEMENT (continued)

   Manajemen Risiko Kredit (lanjutan)                                                     Credit Risk Management (continued)

   (iv) Penurunan nilai aset keuangan pada tanggal-                                       (iv)    Impairment of financial assets as                               of
        tanggal 31 Desember 2025 dan 2024 (lanjutan):                                            December 31, 2025 and 2024 (continued):

       (e) Kredit yang diberikan (lanjutan)                                                      (e) Loans (continued)

              Pada tanggal-tanggal 31 Desember 2025                                                    As of December 31, 2025 and 2024, the
              dan 2024, rincian kredit yang mengalami                                                  details of and impaired and not impaired
              penurunan nilai dan yang tidak mengalami                                                 loans are as follows (continued):
              penurunan nilai adalah sebagai berikut
              (lanjutan):
                                                                        31 Desember/December 31, 2024
                                                Belum jatuh tempo atau        Telah jatuh
                                             tidak mengalami penurunan       tempo tetapi
                                                 nilai/Neither past due          tidak
                                                      nor impaired            mengalami
                                                                              penurunan
                                                              Tingkat            nilai/          Mengalami
                                                             standar/          Past-due          penurunan
                                           Tingkat tinggi/   Standard           but not             nilai/
                                             High grade        grade           impaired           impaired          Total
       Rupiah                                                                                                                                                 Rupiah
       Pertanian                            1.230.805.503      11.013.563          5.789.624     1.183.895.946   2.431.504.636                            Agriculture
       Jasa dunia usaha                       851.958.965      18.143.105         17.232.054        21.269.753     908.603.877                    Business services
       Perdagangan, perhotelan, restoran      493.398.070      72.162.918         46.663.362        84.408.170     696.632.520        Trading, hotel and restaurant
       Perindustrian                          740.256.290      19.189.620          8.176.166        18.264.210     785.886.286                         Manufacturing
       Konstruksi                             477.501.909      13.061.055          5.942.199       496.196.886     992.702.049                          Construction
       Jasa pelayanan sosial                    4.976.013       8.137.059          6.214.085         3.463.683      22.790.840                        Social services
       Pengangkutan, pergudangan dan                                                                                               Transportation, warehousing and
          komunikasi                            8.872.093       4.233.057          2.064.154        1.767.225       16.936.529               telecommunication
       Listrik, gas dan air                     8.996.538         587.111                  -           89.060        9.672.709            Electricity, gas and water
       Pertambangan                             7.437.473               -                  -        2.445.023        9.882.496                                 Mining
       Lain-lain                            1.044.525.711      52.308.737         72.046.684       82.457.614    1.251.338.746                                 Others

                                            4.868.728.565     198.836.225      164.128.328       1.894.257.570   7.125.950.688

       Cadangan kerugian                                                                                                                             Allowance for
         penurunan nilai                                                                                         (1.046.342.039)              impairment losses
       Neto                                                                                                      6.079.608.649                                   Net



       (f)    Aset lain-lain                                                                     (f)   Other assets

              Pada tanggal-tanggal 31 Desember 2025                                                     As of December 31, 2025 and 2024, this
              dan 2024, aset keuangan ini tidak                                                         financial asset is neither individually nor
              mengalami     penurunan     nilai secara                                                  collectively impaired.
              individual maupun kolektif.

                                                         31 Desember/            31 Desember/
                                                       December 31, 2025       December 31, 2024

              Rupiah                                                                                                                                      Rupiah
              Fasilitas kredit yang
                belum ditarik                                115.672.735                123.579.998                                    Unused loan facilities
              Garansi yang diterbitkan                                  -                    48.835                                      Guarantees Issued

              Total                                          115.672.735                123.628.833                                                           Total
              Cadangan kerugian
                penurunan nilai                               (1.262.340)                 (1.039.910)                    Allowance for impairment losses

              Neto                                           114.410.395                122.588.923                                                            Net




                                                                            161
Page 764
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                        PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                      As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                 (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                         unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                    34. RISK MANAGEMENT (continued)
   Manajemen Risiko Pasar                                             Market Risk Management

   Pengelolaan manajemen risiko pasar dilakukan                       Market risk management is conducted through Asset
   melalui rapat Asset and Liability Committee (ALCO)                 and Liability Committee (ALCO) meetings which
   yang membahas manajemen risiko pasar, strategi                     discuss market risk management, Asset and Liability
   Asset and Liability Management (ALMA) dan                          Management (ALMA) strategy and the measurement
   pengukuran risiko pasar melalui analisis terhadap                  of market risk through an analysis of the risk drivers,
   pemicu munculnya risiko (risk driver), yaitu suku                  which are interest rates and exchange rates. Interest
   bunga dan nilai tukar. Risiko suku bunga dan risiko                rate and exchange rate risks can be generated either
   nilai tukar dapat berasal dari posisi trading book                 from trading or banking book position. The scope of
   maupun banking book. Cakupan posisi banking                        banking and trading book positions is in accordance
   book dan trading book mengacu pada ketentuan                       with Bank Indonesia regulation concerning the
   Bank Indonesia mengenai Kewajiban Penyediaan                       capital adequacy ratio (CAR).
   Modal Minimum (KPMM).

   Dalam pengelolaan risiko pasar trading book, Bank                  In the market risk management of trading book, the
   menetapkan prinsip segregation of duties. Terdapat                 Bank established the segregation of duties principle.
   pemisahan fungsi antara pihak yang melakukan                       There is a separation of functions among the parties
   transaksi, yang melakukan pencatatan transaksi,                    who perform transactions, record the transactions,
   verifikasi, unit pembuat kebijakan, prosedur dan                   verification, policy makers unit, procedures and
   penetapan limit serta pengukuran risiko pasarnya                   establishment of limits as well as the measurement
   termasuk perhitungan KPMM. Bank melakukan                          of market risk, including calculation of CAR. The
   perhitungan      KPMM       risiko  pasar     dengan               Bank calculates its market risk CAR using the
   menggunakan model standar sebagai komponen                         standard model as a component of the calculation of
   perhitungan KPMM. Apabila terdapat gap terhadap                    CAR. If there is a gap on assets and liabilities for
   eksposur aset dan liabilitas untuk risiko pasar dan                market risk and foreign exchanged risk within 3
   risiko nilai tukar dalam periode tidak lebih dari                  months, Bank will mitigate it by using contingent
   3 bulan, Bank memitigasinya dengan contingent                      stand by credit lines from BRI as Parent Company.
   stand by credit lines dari BRI sebagai Entitas Induk.

   Risiko pasar banking book, terdiri dari risiko tingkat             Market risk of banking book, consists of interest rate
   suku bunga yang diakibatkan oleh aktivitas                         risk resulting from the Bank activities (assets and
   perbankan (aset dan liabilitas) dan risiko nilai tukar.            liabilities) and exchange rate risk. Market risk of
   Risiko pasar banking book dikelola dengan tujuan                   banking book is managed with the aim that the
   agar laporan posisi keuangan Bank dapat bertahan                   statement of financial position of the Bank can
   pada perubahan suku bunga dan nilai tukar,                         survive during changes of interest rates and
   sehingga dapat mencapai Net Interest Income (NII)                  exchange rates, thus achieving Net Interest Income
   yang dapat dikendalikan sesuai dengan toleransi                    (NII) that can be managed in accordance with Bank’s
   risiko Bank.                                                       risk tolerance.

   (a) Risiko tingkat suku bunga                                      (a) Interest rate risk

       Instrumen keuangan yang berbasis suku bunga                         Interest based financial instruments contain
       memiliki risiko karena terdapat potensi                             risks as there are potential changes in interest
       perubahan suku bunga yang akan membawa                              rate which impact the future cash flows.
       dampak kepada arus kas di masa depan.

       Risiko tingkat suku bunga terutama terjadi                          Interest rate risk mainly occurs due to the
       karena adanya gap suku bunga (repricing gap)                        repricing gap as a result of differences either in
       akibat perbedaan-perbedaan dalam skedul                             maturity or time schedule between the repricing
       jatuh tempo atau waktu repricing antar aset,                        of assets, liabilities and administrative accounts
       liabilitas dan komponen rekening administratif                      components which owned by the Bank.
       yang dimiliki oleh Bank.




                                                             162
Page 765
                                                                                 The original financial statements included herein are in the
                                                                                                                       Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                   PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                 As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                           and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                            (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                    unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                              34. RISK MANAGEMENT (continued)

   Manajemen Risiko Pasar (lanjutan)                                             Market Risk Management (continued)
   (a) Risiko tingkat suku bunga                                                 (a) Interest rate risk

       Tabel di bawah ini merupakan tingkat suku                                        The table below represents the annual average
       bunga rata-rata per tahun untuk posisi aset dan                                  interest rates of assets and liabilities for the
       liabilitas keuangan Bank untuk tahun yang                                        years ended December 31, 2025 and 2024
       berakhir pada tanggal-tanggal 31 Desember                                        (continued):
       2025 dan 2024 (lanjutan):

                                         31 Desember/December 31, 2025       31 Desember/December 31, 2024
                                                                                         _______


                                                           Mata uang                               Mata uang
                                                             asing/                                  asing/
                                                            Foreign                                 Foreign
                                           Rupiah          currency            Rupiah              currency
                                            (%)               (%)               (%)                   (%)
                                                                                         _______


       Aset                                                                                                                                 Assets

                                                                                                                            Current accounts with
       Giro pada Bank Indonesia                     1,07                 -              0,94                   -                 Bank Indonesia
                                                                                                                            Current accounts with
       Giro pada bank lain                          1,40           1,55                 0,83              0,09                         other banks
       Penempatan pada                                                                                             Placement with Bank Indonesia
          Bank Indonesia dan bank lain                 -                 -              5,34                   -                and other banks
       Efek-efek                                    6,41                 -              6,73                   -                         Securities
       Efek-efek yang dibeli dengan                                                                                    Securities purchased under
          janji dijual kembali                       -                   -            6,18                     -           agreement to resell
       Kredit yang diberikan                     13,66                   -           12,11                     -                             Loans
       Liabilitas                                                                                                                        Liabilities
       Simpanan nasabah                                                                                                  Deposits from customers
          Giro                                      2,35           0,20                 1,67              0,21                Demand deposits
          Tabungan                                  3,15              -                 2,97                 -                  Saving deposits
          Deposito berjangka                        5,27           1,48                 5,37              3,85                    Time deposits
       Efek-efek yang dijual dengan                                                                                           Securities sold under
          janji dibeli kembali                         -                 -              6,27                   -         agreement to repurchase
       Simpanan dari bank lain                                                                                          Deposits from other banks
          Deposito berjangka                        5,01                 -              3,00                   -                  Time deposits
          Giro                                      0,22                 -                 -                   -              Demand deposits
          Inter-bank call money                     5,56                 -              6,32                   -          Inter-bank call money
       Pinjaman yang diterima                       4,45                 -              4,45                   -                  Fund borrowings




                                                                   163
Page 766
                                                                                                            The original financial statements included herein are in the
                                                                                                                                                  Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                                                PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                                                             NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                                              As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                                                        and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                                                         (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                                                 unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                                                         34. RISK MANAGEMENT (continued)

   Manajemen Risiko Pasar (lanjutan)                                                                        Market Risk Management (continued)

   (a) Risiko tingkat suku bunga (lanjutan)                                                                 (a) Interest rate risk (continued)

       Tabel berikut ini mengikhtisarkan eksposur aset                                                              The tables below summarize the assets and
       dan liabilitas terhadap risiko tingkat suku bunga                                                            liabilities exposures to interest rate risk (gross):
       (gross):
                                                                                     31 Desember/December 31, 2025
                                                Suku bunga mengambang/Floating interest rate
                                                                 Lebih dari 3
                                                                 bulan tetapi
                                                                  tidak lebih
                                                                 dari 1 tahun/                                                      Tidak
                                              Tidak lebih        More than 3         Lebih dari 1         Suku bunga             dikenakan
                                             dari 3 bulan/          months             tahun/                 tetap/               bunga/
                                                 Up to              up to 1          More than 1              Fixed             Non-interest
                                               3 months              year               year              interest rate           bearing              Total
       Aset                                                                                                                                                                                     Asset
       Kas                                                   -                   -                  -                     -           9.227.339          9.227.339                               Cash
                                                                                                                                                                              Current accounts with
       Giro pada Bank Indonesia                 677.612.764                      -                  -                     -                    -      677.612.764                Bank Indonesia
                                                                                                                                                                              Current accounts with
       Giro pada bank lain                      507.429.047                      -                  -                     -                    -      507.429.047                    other banks
       Efek-efek                                                                                                                                                                            Securities
                                                                                                                                                                              Fair value through
           Nilai wajar melalui laba rugi                     -                   -                  -                     -         333.170.000       333.170.000               profit or loss
           Nilai wajar melalui penghasilan                                                                                                                              Fair value through other
                komprehensif lain                            -                   -                  -      2.251.344.460            209.340.805      2.460.685.265   comprehensive income
           Biaya perolehan diamortisasi                      -                   -                  -      2.274.474.499                      -      2.274.474.499               Amortized cost
       Kredit yang diberikan                                                                                                                                                                    Loans
           Menengah                                       -                   -                   -        3.794.746.445                      -      3.794.746.445                          Middle
           Ritel                                108.276.476          62.465.228         123.967.284        1.112.060.147                      -      1.406.769.135                          Retail
           Mikro                                 11.735.960          12.037.078          15.383.441        1.158.436.862                      -      1.197.593.341                           Micro
           Konsumer                               8.231.137           6.779.758         268.584.043        1.032.619.583                      -      1.316.214.521                     Consumer
       Penyertaan saham                                   -                   -                   -                    -                 77.510             77.510    Investment in shares of stocks
       Aset lain-lain*)                                   -                   -                   -                    -             96.505.905         96.505.905                      Other assets*)
       Total                                  1.313.285.384          81.282.064         407.934.768       11.623.681.996            648.321.559     14.074.505.771                               Total

       Liabilitas                                                                                                                                                                           Liabilities
       Liabilitas segera                                     -                   -                  -                     -          21.426.711         21.426.711        Liabilities due immediately
       Simpanan nasabah                                                                                                                                                    Deposits from customers
           Giro                                 837.165.280                      -                  -                  -                       -       837.165.280             Demand deposits
           Tabungan                           2.371.890.672                      -                  -                  -                       -     2.371.890.672                Saving deposits
           Deposito berjangka                             -                      -                  -      6.335.930.022                       -     6.335.930.022                  Time deposits
       Simpanan dari bank lain                  192.005.643                      -                  -                  -                       -       192.005.643        Deposits from other banks

       Pinjaman yang diterima                                                                                 12.556.559                                12.556.559                  Fund borrowings
       Liabilitas lain-lain**)                               -                   -                  -         27.392.294             15.776.031         43.168.325                  Other liabilities**)

       Total                                  3.401.061.595                      -                  -      6.375.878.875             37.202.742      9.814.143.212                               Total
       Perbedaan (gap) repricing                                                                                                                                       Interest rate repricing gap
          suku bunga antara aset                                                                                                                                     between financial assets
          dan liabilitas keuangan            (2.087.776.211)         81.282.064         407.934.768        5.247.803.121            611.118.817      4.260.362.559               and liabilities



       *)                                                                                                            *)
               Aset lain-lain terdiri atas piutang bunga dan piutang lain-lain                                                Other assets consist of interest receivables and other receivables
       **)                                                                                                          **)
               Liabilitas lain-lain terdiri dari bunga yang masih harus dibayar,                                              Other liabilities consist of interest payable, guarantee deposits
               setoran jaminan dan liabilitas sewa.                                                                           and lease liabilities.




                                                                                          164
Page 767
                                                                                                            The original financial statements included herein are in the
                                                                                                                                                  Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                                                PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                                                             NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                                              As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                                                        and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                                                         (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                                                 unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                                                         34. RISK MANAGEMENT (continued)

   Manajemen Risiko Pasar (lanjutan)                                                                        Market Risk Management (continued)

   (a) Risiko tingkat suku bunga (lanjutan)                                                                 (a) Interest rate risk (continued)

       Tabel berikut ini mengikhtisarkan eksposur aset                                                              The tables below summarize the assets and
       dan liabilitas terhadap risiko tingkat suku bunga                                                            liabilities exposures to interest rate risk (gross):
       (gross):
                                                                                     31 Desember/December 31, 2024
                                                Suku bunga mengambang/Floating interest rate
                                                                 Lebih dari 3
                                                                 bulan tetapi
                                                                  tidak lebih
                                                                 dari 1 tahun/                                                      Tidak
                                              Tidak lebih        More than 3         Lebih dari 1         Suku bunga             dikenakan
                                             dari 3 bulan/          months             tahun/                 tetap/               bunga/
                                                 Up to              up to 1          More than 1              Fixed             Non-interest
                                               3 months              year               year              interest rate           bearing              Total
       Aset                                                                                                                                                                                      Asset
       Kas                                                   -                   -                  -                     -          15.976.481         15.976.481                                Cash
                                                                                                                                                                               Current accounts with
       Giro pada Bank Indonesia                 491.826.632                      -                  -                     -                    -      491.826.632                 Bank Indonesia
                                                                                                                                                                               Current accounts with
       Giro pada bank lain                      228.492.702                      -                  -                     -                    -      228.492.702                     other banks
       Penempatan pada Bank Indonesia                                                                                                                                Placements with Bank Indonesia
           dan bank lain                                     -                   -                  -        949.861.499                       -      949.861.499                and other banks
       Efek-efek                                                                                                                                                                             Securities
                                                                                                                                                                               Fair value through
           Nilai wajar melalui laba rugi                     -                   -                  -         25.893.011            269.416.020       295.309.031                profit or loss
           Nilai wajar melalui penghasilan                                                                                                                               Fair value through other
                komprehensif lain                            -                   -                  -      1.824.803.351            511.866.178      2.336.669.529     comprehensive income
           Biaya perolehan diamortisasi                      -                   -                  -      1.828.736.508                      -      1.828.736.508                 Amortized cost
       Efek-efek yang dibeli dengan janji                                                                                                                                  Securities purchase under
           dijual kembali                                    -                   -                  -        197.808.583                       -      197.808.583             agreement to resell
       Kredit yang diberikan                                                                                                                                                                     Loans
           Menengah                              12.964.923         455.730.983       3.316.679.998                    -                      -      3.785.375.904                           Middle
           Ritel                                287.695.819         526.611.193         473.947.237                    -                      -      1.288.254.249                           Retail
           Mikro                                 30.900.728          47.384.378          61.790.351          709.053.687                      -        849.129.144                            Micro
           Konsumer                               2.090.022          13.902.819         398.469.008          788.729.542                      -      1.203.191.391                      Consumer
       Penyertaan saham                                   -                   -                   -                    -                 77.510             77.510   Investment in shares of stocks
       Aset lain-lain*)                                   -                   -                   -                    -             72.546.333         72.546.333                       Other assets*)
       Total                                  1.053.970.826       1.043.629.373       4.250.886.594        6.324.886.181            869.882.522     13.543.255.496                                  Total

       Liabilitas                                                                                                                                                                            Liabilities
       Liabilitas segera                                     -                   -                  -                     -          23.641.653         23.641.653         Liabilities due immediately
       Simpanan nasabah                                                                                                                                                     Deposits from customers
           Giro                                 714.865.591                   -                     -                     -                    -       714.865.591              Demand deposits
           Tabungan                           1.521.833.548                   -                     -                     -                    -     1.521.833.548                 Saving deposits
           Deposito berjangka                 5.654.746.041         241.606.819                     -                     -                    -     5.896.352.860                   Time deposits
       Simpanan dari bank lain                  867.000.000                   -                     -                     -                    -       867.000.000         Deposits from other banks
       Efek-efek yang dijual dengan janji                                                                                                                                        Securities sold under
           dibeli kembali                                    -                   -                  -        290.682.750                      -       290.682.750       agreement to repurchase
       Pinjaman yang diterima                                -                   -                  -         13.622.042                      -        13.622.042                     Fund borrowings
       Liabilitas lain-lain**)                               -                   -                  -         39.870.120             13.332.411        53.202.531                      Other liabilities**)
       Total                                  8.758.445.180         241.606.819                     -        344.174.912             36.974.064      9.381.200.975                                  Total
       Perbedaan (gap) repricing                                                                                                                                         Interest rate repricing gap
          suku bunga antara aset                                                                                                                                       between financial assets
          dan liabilitas keuangan            (7.704.474.354)        802.022.554       4.250.886.594        5.980.711.269            832.908.458      4.162.054.521                 and liabilities



       *)                                                                                                            *)
               Aset lain-lain terdiri atas piutang bunga dan piutang lain-lain                                                Other assets consist of interest receivables and other receivables
       **)                                                                                                          **)
               Liabilitas lain-lain terdiri dari bunga yang masih harus dibayar,                                              Other liabilities consist of interest payable, guarantee deposits
               setoran jaminan dan liabilitas sewa.                                                                           and lease liabilities.




                                                                                          165
Page 768
                                                                           The original financial statements included herein are in the
                                                                                                                 Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                              PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                            As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                      and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                       (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                               unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                        34. RISK MANAGEMENT (continued)

   Manajemen Risiko Pasar (lanjutan)                                       Market Risk Management (continued)

   (a) Risiko tingkat suku bunga (lanjutan)                                (a) Interest rate risk (continued)

       Tabel di bawah ini menunjukkan sensitivitas                               The tables below present the sensitivity of the
       terhadap kemungkinan perubahan atas suku                                  Bank’s profit or loss and other comprehensive
       bunga terhadap laba rugi dan penghasilan                                  income to possible changes in interest rate,
       komprehensif lain dengan asumsi bahwa                                     assuming all other variables are constant for the
       semua variabel lain yang dimiliki adalah konstan                          years ended December 31, 2025 and 2024:
       untuk tahun yang berakhir pada tanggal-tanggal
       31 Desember 2025 dan 2024:
                                  31 Desember/December 31, 2025        31 Desember/December 31, 2024

                                                  Dampak terhadap                     Dampak terhadap
                                                     laba (rugi) dan                     laba (rugi) dan
                                                      penghasilan                         penghasilan
                                                  komprehensif lain                   komprehensif lain
                                                    sebelum pajak/                      sebelum pajak/
                                 Perubahan          Impact to profit   Perubahan        Impact to profit
                                 persentase/     or (loss) and other   persentase/    or (loss) and other
                                   Change        incomprehensive         Change       incomprehensive
                                 Percentage       income before tax    percentage     income before tax

        Rupiah                              1%          15.492.793              +1%          27.683.693                            Rupiah
                                           -1%         (15.492.793)             -1%         (27.683.693)


       Tingkat     sensitivitas   digunakan    untuk                             Sensitivity level is used to analyze the possible
       menganalisis kemungkinan perubahan suku                                   changes in interest rate which impacted the gain
       bunga yang berdampak pada keuntungan dan                                  or loss of banking book portfolios. The
       kerugian portofolio banking book. Pada analisa                            sensitivity analysis above asssuming changes
       sensitivitas di atas, asumsi perubahan suku                               in interest rate for banking book portfolios at
       bunga untuk portofolio banking book dengan                                basis 1%.
       basis 1%.

   (b) Risiko nilai tukar                                                  (b) Exchange rate risk

       Tabel di bawah ini menunjukkan sensitivitas                               The tables below demonstrated the sensitivity of
       terhadap kemungkinan perubahan atas nilai                                 the Bank’s profit or loss and other
       tukar terhadap laba rugi dan penghasilan                                  comprehensive income to reasonably possible
       komprehensif lain dengan asumsi bahwa                                     changes in exchange rate, assuming all other
       semua variabel lain yang dimiliki adalah konstan                          variables are constant for the year ended
       untuk tahun yang berakhir pada tanggal-tanggal                            December 31, 2025 and 2024:
       31 Desember 2025 dan 2024:

                                  31 Desember/December 31, 2025        31 Desember/December 31, 2024

                                                  Dampak terhadap                     Dampak terhadap
                                                     laba (rugi) dan                     laba (rugi) dan
                                                      penghasilan                         penghasilan
                                                  komprehensif lain                   komprehensif lain
                                                    sebelum pajak/                      sebelum pajak/
                                 Perubahan          Impact to profit   Perubahan        Impact to profit
                                 persentase/     or (loss) and other   persentase/    or (loss) and other
                                   Change        incomprehensive         Change       incomprehensive
                                 Percentage       income before tax    percentage     income before tax

        Dolar Amerika Serikat              +1%               9.639              +1%              (6.200)               United States Dollar
                                           -1%              (9.639)             -1%               6.200




                                                               166
Page 769
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                         PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                 and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                  (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                          unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                     34. RISK MANAGEMENT (continued)

   Manajemen Risiko Likuiditas                                         Liquidity Risk Management

   Pengelolaan risiko likuiditas Bank telah diatur dalam               The management of the Bank's liquidity risk has
   kebijakan penerapan manajemen risiko likuiditas.                    been regulated in the liquidity risk management
   Kebijakan manajemen risiko likuiditas mencakup                      implementation policy. Liquidity risk management
   tata kelola likuiditas, penetapan strategi pendanaan,               policies cover liquidity governance, determination of
   sistem peringatan dini, pengukuran dan penetapan                    funding strategies, early warning systems,
   limit risiko likuiditas termasuk pengelolaan aset likuid            measurement and determination of liquidity risk
   berkualitas tinggi (HQLA) dan rencana pendanaan                     limits, including management of high quality liquid
   darurat likuiditas. Kebijakan ini disusun untuk                     assets (HQLA) and liquidity emergency funding
   menjaga kecukupan dana harian dalam memenuhi                        plans. This policy was formulated to maintain daily
   kewajiban secara terukur dari berbagai sumber dana                  fund adequacy in fulfilling obligations in a measured
   yang tersedia termasuk memastikan ketersediaan                      manner from various available sources of funds,
   aset likuid berkualitas tinggi yang cukup.                          including ensuring the availability of sufficient high-
                                                                       quality liquid assets.

   Pengendalian eksposur dan konsentrasi likuiditas,                   Exposure control and liquidity concentration are
   dibahas pada rapat Asset and Liability Committee                    discussed at the Asset and Liability Committee
   (ALCO) dan rapat Risk Management Committee                          (ALCO) meeting and the Risk Management
   (RMC). Hal-hal yang dimonitor diantaranya terkait                   Committee (RMC) meeting. Matters that are
   realisasi, limit risiko konsentrasi 25 deposan inti,                monitored include realization, risk limits for the
   konsentrasi deposan besar, Primary Reserve,                         concentration of 25 core depositors, concentration of
   Secondary Reserve, LDR, PDN dan lainnya. Potensi                    large depositors, Primary Reserve, Secondary
   risiko likuiditas di masa depan diukur melalui liquidity            Reserve, LDR, PDN and others. Potential future
   gap       analysis    dan    repricing   gap      yang              liquidity risk is measured through liquidity gap
   menggambarkan kondisi proyeksi lebih dan kurang                     analysis and repricing gap, which illustrates the
   arus kas berdasarkan jatuh tempo komponen kas                       projected condition of over and under cash flows
   dari sisi aset dan sisi liabilitas, setelah                         based on the maturity of cash components from the
   memperhitungkan kebutuhan untuk ekspansi bisnis.                    asset and liability side, after taking into account the
   Analisa ini bermanfaat dalam perencanaan likuiditas                 need for business expansion. This analysis is useful
   yang lebih efisien dan pengelolaan arus kas,                        in planning a more efficient liquidity and cash flows
   termasuk kebutuhan ekspansi bisnis.                                 management, including business expansion needs.




                                                              167
Page 770
                                                                                                                  The original financial statements included herein are in the
                                                                                                                                                        Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                                                     PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                                                                  NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                                                   As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                                                             and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                                                              (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                                                      unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                                                               34. RISK MANAGEMENT (continued)

   Manajemen Risiko Likuiditas (lanjutan)                                                                         Liquidity Risk Management (continued)

   Berikut adalah tabel mengenai pemetaan aset dan                                                                Table of financial assets and liabilities mapping in
   liabilitas keuangan dalam skala waktu tertentu                                                                 the scale of time (maturity bucket) based on the
   (maturity bucket) berdasarkan sisa jangka waktu                                                                remaining maturity as of December 31, 2025 and
   sampai dengan jatuh tempo (remaining maturity)                                                                 2024:
   pada tanggal-tanggal 31 Desember 2025 dan 2024:
                                                                                         31 Desember/December 31, 2025

                                                                    Lebih dari 1          Lebih dari 3
                                                                   bulan sampai          bulan sampai                                Lainnya yang
                                                                  dengan 3 bulan/       dengan 1 tahun/         Lebih dari 1        tidak memiliki
                                             Sampai dengan          More than 1           More than 3             tahun/             jatuh tempo/
                                                 1 bulan/           month up to          months up to            More than          Others without
                                              Up to 1 month          3 months               1 year                1 year               maturity             Total

       Aset                                                                                                                                                                                        Assets
       Kas                                         9.227.339                        -                     -                    -                     -        9.227.339                               Cash
                                                                                                                                                                                    Current accounts with
       Giro pada Bank Indonesia                  677.612.764                        -                     -                    -                     -      677.612.764               Bank Indonesia
                                                                                                                                                                                    Current accounts with
       Giro pada bank lain                       507.429.047                        -                     -                    -                     -      507.429.047                  other banks
           Cadangan kerugian                                                                                                                                                              Allowance for
                penurunan nilai                               -                     -                     -                    -             (31.015)           (31.015)          impairment losses
       Efek-efek                                                                                                                                                                               Securities
           Nilai wajar melalui laba rugi         333.170.000                        -                     -                    -                     -      333.170.000 Fair value through profit or loss
           Nilai wajar melalui penghasilan                                                                                                                                     Fair value through other
                komprehensif lain                  7.222.624           104.453.000         2.349.009.641                     -                       -    2.460.685.265       comprehensive income
           Biaya perolehan diamortisasi                    -                     -            75.000.000         2.199.474.499                       -    2.274.474.499                 Amortized cost
           Cadangan kerugian
                penurunan nilai                               -                     -                     -                    -             (99.038)           (99.038)            Impairment losses
       Kredit yang diberikan                                                                                                                                                                       Loans
           Menengah                               140.000.000                                544.403.031         3.110.343.414                       -    3.794.746.445                       Middle
           Ritel                                  148.669.862           62.113.896           792.902.636           403.082.741                       -    1.406.769.135                       Retail
           Mikro                                1.111.172.865            4.392.561            42.420.333            39.607.582                       -    1.197.593.341                        Micro
           Konsumer                                13.524.178           32.488.966           471.165.266           799.036.112                       -    1.316.214.522                    Consumer
           Cadangan kerugian                                                                                                                                                           Allowance for
                penurunan nilai                            -                     -                     -                     -        (1.442.219.440)    (1.442.219.440)      impairment losses
       Penyertaan saham                                    -                     -                     -                     -                77.510             77.510 Investment in shares of stocks
       Aset lain-lain*)                           28.263.097            49.947.209            16.467.319             1.828.280                     -         96.505.905                    Other assets*)

       Total                                    2.976.291.776          253.395.632         4.291.368.226         6.553.372.628        (1.442.271.983)    12.632.156.279                                  Total

       Liabilitas                                                                                                                                                                                 Liabilities
       Liabilitas segera                                      -         21.426.711                   -                         -                     -       21.426.711         Liabilities due immediately
       Simpanan nasabah                                                                                                                                                          Deposits from customers
           Giro                                   837.165.280                    -                     -                     -                       -      837.165.280              Demand deposits
           Tabungan                             2.371.890.672                    -                     -                     -                       -    2.371.890.672                 Saving deposits
           Deposito berjangka                   3.746.850.862        2.484.277.607           104.801.553                     -                       -    6.335.930.022                   Time deposits
       Simpanan dari bank lain                    192.005.643                    -                     -                     -                       -      192.005.643         Deposits from other banks
       Pinjaman yang diterima                               -                    -                     -            12.556.559                       -       12.556.559                    Fund borrowings
       Liabilitas lain-lain**)                     15.024.671            3.846.000            10.298.227            13.999.427                       -       43.168.325                     Other liabilities**)

       Total                                    7.162.937.128        2.509.550.318           115.099.780            26.555.986                       -    9.814.143.212                                  Total

       Perbedaan jatuh tempo                   (4.186.645.352)      (2.256.154.686)        4.176.268.446         6.526.816.642        (1.442.271.983)     2.818.013.067                        Maturity gap



      *)                                                                                                                  *)
               Aset lain-lain terdiri atas piutang bunga dan piutang lain-lain                                                     Other assets consist of interest receivables and other receivables
      **)                                                                                                                **)
               Liabilitas lain-lain terdiri dari bunga yang masih harus dibayar,                                                   Other liabilities consist of interest payable, guarantee deposits
               setoran jaminan dan liabilitas sewa.                                                                                and lease liabilities.




                                                                                               168
Page 771
                                                                                                                  The original financial statements included herein are in the
                                                                                                                                                        Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                                                     PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                                                                  NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                                                   As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                                                             and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                                                              (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                                                      unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                                                               34. RISK MANAGEMENT (continued)
   Manajemen Risiko Likuiditas (lanjutan)                                                                         Liquidity Risk Management (continued)
   Berikut adalah tabel mengenai pemetaan aset dan                                                                Table of financial assets and liabilities mapping in
   liabilitas keuangan dalam skala waktu tertentu                                                                 the scale of time (maturity bucket) based on the
   (maturity bucket) berdasarkan sisa jangka waktu                                                                remaining maturity as of December 31, 2025 and
   sampai dengan jatuh tempo (remaining maturity)                                                                 2024 (continued):
   pada tanggal-tanggal 31 Desember 2025 dan 2024
   (lanjutan):
                                                                                         31 Desember/December 31, 2024

                                                                    Lebih dari 1          Lebih dari 3
                                                                   bulan sampai          bulan sampai                                Lainnya yang
                                                                  dengan 3 bulan/       dengan 1 tahun/         Lebih dari 1        tidak memiliki
                                             Sampai dengan          More than 1           More than 3             tahun/             jatuh tempo/
                                                 1 bulan/           month up to          months up to            More than          Others without
                                              Up to 1 month          3 months               1 year                1 year               maturity             Total

       Aset                                                                                                                                                                                        Assets
       Kas                                        15.976.481                        -                     -                    -                     -       15.976.481                               Cash
                                                                                                                                                                                    Current accounts with
       Giro pada Bank Indonesia                  491.826.632                        -                     -                    -                     -      491.826.632               Bank Indonesia
                                                                                                                                                                                    Current accounts with
       Giro pada bank lain                       228.492.702                        -                     -                    -                     -      228.492.702                   other banks
           Cadangan kerugian                                                                                                                                                              Allowance for
                penurunan nilai                               -                     -                     -                    -             (15.660)           (15.660)          impairment losses
       Penempatan pada Bank Indonesia                                                                                                                                    Placements with Bank Indonesia
           dan bank lain                         949.861.499                        -                     -                    -                     -      949.861.499              and other banks
           Cadangan kerugian                                                                                                                                                              Allowance for
                penurunan nilai                               -                     -                     -                    -                     -                -           impairment losses
       Efek-efek                                                                                                                                                                                Securities
           Nilai wajar melalui laba rugi         295.309.031                        -                     -                    -                     -      295.309.031 Fair value through profit or loss
           Nilai wajar melalui penghasilan                                                                                                                                   Fair value through other
                komprehensif lain                             -        256.622.299         2.080.047.230                     -                       -    2.336.669.529   comprehensive income
           Biaya perolehan diamortisasi                       -                  -            61.474.490         1.767.262.018                       -    1.828.736.508               Amortized cost
           Cadangan kerugian
                penurunan nilai                               -                     -                     -                    -            (112.054)          (112.054)           Impairment losses
       Efek-efek yang dibeli dengan janji                                                                                                                                       Securities purchase under
           dijual kembali                        197.808.583                        -                     -                    -                     -     197.808.583            agreement to resell
       Kredit yang diberikan                                                                                                                                                                        Loans
           Menengah                                        -            12.964.923           455.730.983         3.316.679.998                       -    3.785.375.904                         Middle
           Ritel                                 188.248.256            99.447.563           526.611.193           473.947.237                       -    1.288.254.249                         Retail
           Mikro                                 732.060.230             7.894.185            47.384.378            61.790.351                       -      849.129.144                          Micro
           Konsumer                                6.204.693            18.552.192           256.156.439           922.278.067                       -    1.203.191.391                      Consumer
           Cadangan kerugian                                                                                                                                                             Allowance for
                penurunan nilai                            -                     -                     -                     -        (1.046.214.325)    (1.046.214.325)        impairment losses
       Penyertaan saham                                    -                     -                     -                     -                77.510             77.510     Investment in shares of stocks
       Aset lain-lain*)                           10.989.531            44.196.599            16.005.600             1.354.603                     -         72.546.333                      Other assets*)

       Total                                    3.116.777.638          439.677.761         3.443.410.313         6.543.312.274        (1.046.264.529)    12.496.913.457                                  Total

       Liabilitas                                                                                                                                                                                 Liabilities
       Liabilitas segera                                      -         23.641.653                   -                         -                     -       23.641.653         Liabilities due immediately
       Simpanan nasabah                                                                                                                                                          Deposits from customers
           Giro                                   714.865.591                    -                     -                       -                     -      714.865.591              Demand deposits
           Tabungan                             1.521.883.548                    -                     -                       -                     -    1.521.883.548                 Saving deposits
           Deposito berjangka                   3.470.420.478        2.184.325.563           241.606.819                       -                     -    5.896.352.860                   Time deposits
       Simpanan dari bank lain                    867.000.000                    -                     -                       -                     -      867.000.000         Deposits from other banks
       Efek-efek yang dijual dengan janji                                                                                                                                             Securities sold under
           dibeli kembali                        290.682.750                    -                      -                     -                       -     290.682.750       agreement to repurchase
       Pinjaman yang diterima                              -                    -                      -            13.622.042                       -      13.622.042                     Fund borrowings
       Liabilitas lain-lain**)                             -               47.750             13.284.661            39.870.120                       -      53.202.531                      Other liabilities**)

       Total                                    6.864.852.367        2.208.014.966           254.891.480            53.492.162                       -    9.381.250.975                                  Total

       Perbedaan jatuh tempo                   (3.748.074.729)      (1.768.337.205)        3.188.518.833         6.489.820.112        (1.046.264.529)     3.115.662.482                        Maturity gap



      *)                                                                                                                  *)
               Aset lain-lain terdiri atas piutang bunga dan piutang lain-lain                                                     Other assets consist of interest receivables and other receivables
      **)                                                                                                                **)
               Liabilitas lain-lain terdiri dari bunga yang masih harus dibayar,                                                   Other liabilities consist of interest payable, guarantee deposits
               setoran jaminan dan liabilitas sewa.                                                                                and lease liabilities.




                                                                                               169
Page 772
                                                                                                              The original financial statements included herein are in the
                                                                                                                                                    Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                                                 PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                                                              NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                                               As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                                                         and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                                                          (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                                                  unless otherwise stated)


34. MANAJEMEN RISIKO (lanjutan)                                                                           34. RISK MANAGEMENT (continued)

   Manajemen Risiko Likuiditas (lanjutan)                                                                     Liquidity Risk Management (continued)

   Tabel berikut menyajikan informasi mengenai                                                                The table below provide information about estimated
   perkiraan jatuh tempo dari liabilitas keuangan                                                             maturities from financial liabilities based on
   berdasarkan arus kas yang tidak terdiskonto pada                                                           contractual undiscounted cash flows as of
                                                                                                              December 31, 2025 and 2024:
   tanggal 31 Desember 2025 dan 2024:
                                                                                     31 Desember/December 31, 2025

                                                                   Lebih dari 1       Lebih dari 3
                                                                  bulan sampai       bulan sampai                                Lainnya yang
                                                                 dengan 3 bulan/    dengan 1 tahun/         Lebih dari 1        tidak memiliki
                                            Sampai dengan          More than 1        More than 3             tahun/             jatuh tempo/
                                                1 bulan/           month up to       months up to            More than          Others without
                                             Up to 1 month          3 months            1 year                1 year               maturity            Total

       Liabilitas                                                                                                                                                                          Liabilities
       Liabilitas segera                                     -         21.426.711                     -                    -                     -      21.426.711       Liabilities due immediately
       Simpanan nasabah                                                                                                                                                   Deposits from customers
           Giro                                  837.165.280                    -                  -                     -                       -      837.165.280           Demand deposits
           Tabungan                            2.371.890.672                    -                  -                     -                       -    2.371.890.672              Saving deposits
           Deposito berjangka                  4.610.048.473        1.668.769.047         83.316.444                     -                       -    6.362.133.964                Time deposits
       Simpanan dari bank lain                   192.071.205                    -                  -                     -                       -      192.071.205      Deposits from other banks
       Pinjaman yang diterima                              -                    -                  -            15.830.818                       -       15.830.818                 Fund borrowings
       Liabilitas lain-lain**)                    15.170.256            3.860.306         11.532.465            14.787.004                       -       45.350.031                  Other liabilities**)

       Total                                   8.026.345.886        1.694.056.064         94.848.909            30.617.822                       -    9.845.868.681                               Total



                                                                                     31 Desember/December 31, 2024

                                                                   Lebih dari 1       Lebih dari 3
                                                                  bulan sampai       bulan sampai                                Lainnya yang
                                                                 dengan 3 bulan/    dengan 1 tahun/         Lebih dari 1        tidak memiliki
                                            Sampai dengan          More than 1        More than 3             tahun/             jatuh tempo/
                                                1 bulan/           month up to       months up to            More than          Others without
                                             Up to 1 month          3 months            1 year                1 year               maturity            Total

       Liabilitas                                                                                                                                                                          Liabilities
       Liabilitas segera                                     -         23.641.653                -                         -                     -      23.641.653       Liabilities due immediately
       Simpanan nasabah                                                                                                                                                   Deposits from customers
           Giro                                  714.865.591                    -                  -                       -                     -      714.865.591           Demand deposits
           Tabungan                            1.521.833.548                    -                  -                       -                     -    1.521.833.548              Saving deposits
           Deposito berjangka                  3.874.901.562        1.825.628.654        234.252.865                       -                     -    5.934.783.081                Time deposits
       Simpanan dari bank lain                   867.484.185                    -                  -                       -                     -      867.484.185      Deposits from other banks
       Efek-efek yang dijual dengan janji
           dibeli kembali                       290.945.198                    -                   -                     -                       -     290.945.198                Time deposits
       Pinjaman yang diterima                             -                    -                   -            17.480.946                       -      17.480.946                 Fund borrowings
       Liabilitas lain-lain**)                            -               47.750          13.284.661            43.983.000                       -      57.315.411                  Other liabilities**)

       Total                                   7.270.030.084        1.849.318.057        247.537.526            61.463.946                       -    9.428.349.613                               Total


       **)                                                                                                           **)
               Liabilitas lain-lain terdiri dari bunga yang masih harus dibayar,                                               Other liabilities consist of interest payable, guarantee deposits
               setoran jaminan dan liabilitas sewa.                                                                            and lease liabilities.


   Manajemen Modal                                                                                            Capital Management

   Tujuan manajemen permodalan Bank adalah untuk                                                              The Bank’s capital management objective is to
   mempertahankan posisi modal yang kuat untuk                                                                maintain a strong capital position to support
   mendukung        pertumbuhan        bisnis     dan                                                         business growth and to sustain investor, depositor,
   mempertahankan investor, deposan, pelanggan dan                                                            customer and market confidence. In managing its
   kepercayaan      pasar.     Dalam      pengelolaan                                                         capital, the Bank considers factors such as: an
   permodalan, Bank mempertimbangkan faktor-faktor                                                            optimal capital rate of return to shareholders and
   seperti: pengembalian modal yang optimal pada                                                              maintain a balance between high return and safety
   pemegang saham dan menjaga keseimbangan                                                                    provided by a sound capital position.
   antara keuntungan yang lebih tinggi dan keamanan
   yang diberikan oleh posisi modal yang sehat.




                                                                                           170
Page 773
                                                                                                    The original financial statements included herein are in the
                                                                                                                                          Indonesian language.

       PT BANK RAYA INDONESIA Tbk                                                                             PT BANK RAYA INDONESIA Tbk
    CATATAN ATAS LAPORAN KEUANGAN                                                                          NOTES TO THE FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                                                           As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                                                                     and for the Year Then Ended
        (Disajikan dalam ribuan Rupiah,                                                                      (Expressed in thousands of Rupiah,
            kecuali dinyatakan lain)                                                                              unless otherwise stated)


35. NILAI WAJAR                    ASET           DAN          LIABILITAS                     35. FAIR VALUE OF FINANCIAL ASSETS AND
    KEUANGAN                                                                                      LIABILITIES

  Tabel di bawah ini menyajikan perbandingan antara                                                 The table below presents the comparison between
  nilai tercatat dan nilai wajar dari semua aset dan                                                the carrying values and fair values of all financial
  liabilitas keuangan. Nilai wajar yang diungkapkan                                                 assets and liabilities. The fair values disclosed are
  adalah berdasarkan informasi relevan yang tersedia                                                based on relevant information available as of
  pada tanggal-tanggal 31 Desember 2025 dan 2024                                                    December 31, 2025 and 2024 and are not updated
  dan tidak diperbaharui untuk mencerminkan                                                         to reflect changes in market conditions which have
  perubahan dalam kondisi pasar yang telah terjadi                                                  occurred after these dates.
  setelah tanggal tersebut.
                                                   31 Desember/December 31, 2025              31 Desember/December 31, 2024
                                                                                                            _______

                                                   Nilai tercatat/                             Nilai tercatat/
                                                     Carrying              Nilai wajar/          Carrying               Nilai wajar/
                                                      amount               Fair value             amount                Fair value
                                                                                                            _______

  Aset                                                                                                                                                                 Assets
  Kas                                                   9.227.339              9.227.339          15.976.481              15.976.481                                      Cash
                                                                                                                                                        Current accounts with
  Giro pada Bank Indonesia                            677.612.764           677.612.764          491.826.632             491.826.632                       Bank Indonesia
  Giro pada bank lain                                 507.398.032           507.398.032          228.477.042             228.477.042      Current accounts with other banks
  Penempatan pada Bank Indonesia                                                                                                            Placements with Bank Indonesia
     dan bank lain                                                   -                    -      949.861.499             949.861.499                      and other banks
  Efek-efek                                                                                                                                                         Securities
     Nilai wajar melalui laba rugi                    333.170.000           333.170.000          295.309.031             295.309.031       Fair value through profit or loss
     Nilai wajar melalui penghasilan                                                                                                              Fair value through other
        komprehensif lain                          2.460.685.265          2.460.685.265        2.336.669.529           2.336.669.529            comprehensive income
     Biaya perolehan diamortisasi                  2.274.375.461          2.369.746.122        1.828.624.454           1.827.909.919                       Amortized cost
  Efek-efek yang dibeli dengan                                                                                                                   Securities purchased under
     janji dijual kembali                                      -                      -          197.808.583             197.808.583                   agreement to resell
  Kredit yang diberikan                            6.273.104.003          6.121.008.614        6.079.736.363           5.993.672.506                                     Loans
  Penyertaan saham*)                                      77.510                 77.510               77.510                  77.510         Investment in shares of stocks*)
  Aset lain-lain**)                                   98.714.007             98.714.007           74.834.233              74.834.233                           Other assets**)
                                                                                                            _______

  Total                                          12.634.364.381          12.577.639.653       12.499.201.357          12.412.422.965                                        Total

  Liabilitas                                                                                                                                                          Liabilities

  Liabilitas segera                                    21.426.711             21.426.711          23.641.653              23.641.653               Liabilities due immediately
  Simpanan nasabah                                                                                                                                    Deposits from customer
     Giro                                            837.165.280           837.165.280           714.865.591             714.865.591                      Demand deposits
     Tabungan                                      2.371.890.672         2.371.890.672         1.521.833.548           1.521.833.548                         Saving deposits
     Deposito berjangka                            6.335.930.022         6.335.930.022         5.896.352.860           5.896.352.860                          Time deposits
  Simpanan dari bank lain                            192.005.643           192.005.643           867.000.000             867.000.000               Deposits from other banks
  Efek-efek yang djual dengan                                                                                                                            Securities sold under
     janji dibeli kembali                                       -                      -         290.682.750             290.682.750              agreement to repurchase
  Pinjaman yang diterima                               12.556.559             12.669.941          13.622.042              13.730.498                          Fund borrowings
  Liabilitas lain-lain***)                             43.168.325             43.168.325          53.202.531              53.202.531                          Other liabilities***)
                                                                                                            _______

  Total                                            9.814.143.212          9.814.256.594        9.381.200.975           9.381.309.431                                        Total


  *)                                                                                                *)
          Penyertaan saham yang tidak memiliki pengaruh signifikan.                                          Investment in shares of stocks with no significant influence.
  **)                                                                                               **)
          Aset lain-lain terdiri dari piutang bunga, setoran jaminan dan piutang                             Other assets consist of interest receivables, guarantee deposits and
          lain-lain.                                                                                         other receivables.
  ***)                                                                                              ***)
          Liabilitas lain-lain terdiri dari bunga yang masih harus dibayar, setoran                          Other liabilities consist of interest payables, guarantee deposits and
          jaminan dan liabilitas sewa.                                                                       lease liabilities.




                                                                                      171
Page 774
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                         PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                 and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                  (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                          unless otherwise stated)


35. NILAI WAJAR      ASET            DAN      LIABILITAS             35. FAIR VALUE OF FINANCIAL ASSETS AND
    KEUANGAN (lanjutan)                                                  LIABILITIES (continued)

   Metode dan asumsi yang digunakan untuk perkiraan                    Methods and assumptions used to estimate fair
   nilai wajar adalah sebagai berikut:                                 value are as follows:

   a)   Nilai wajar aset dan liabilitas keuangan tertentu,             a)   The fair values of certain financial assets and
        kecuali efek-efek yang diukur melalui biaya                         liabilities, except for securities measured at
        perolehan diamortisasi dan kredit yang                              amortized cost and loans, their carrying amount
        diberikan, nilai tercatatnya karena memiliki                        due to their short-term maturities.
        jangka waktu jatuh tempo yang singkat.

        Estimasi nilai wajar terhadap aset keuangan                         The estimated fair values of certain financial
        tertentu ditetapkan berdasarkan diskonto arus                       assets are determined based on discounted
        kas dengan menggunakan suku bunga pasar                             cash flows using money market interest rates for
        uang yang berlaku untuk utang dengan risiko                         debts with similar credit risk and remaining
        kredit dan sisa jatuh tempo yang serupa.                            maturities.

   b)   Efek-efek                                                      b)   Securities

        Nilai wajar untuk efek-efek yang diukur melalui                     The fair values of securities measured at
        biaya perolehan diamortisasi ditetapkan                             amortized cost based on the market prices or
        berdasarkan harga pasar atau harga kuotasi                          broker/dealer price quotations. When this
        perantara (broker)/pedagang efek (dealer). Jika                     information is not available, the fair value is
        informasi ini tidak tersedia, nilai wajar diestimasi                estimated using quoted market prices for
        dengan menggunakan harga pasar kuotasi efek                         securities with similar credit, maturity and yield
        yang memiliki karakteristik kredit, jatuh tempo                     characteristics or using internal valuation model.
        dan yield yang serupa atau dinilai dengan
        menggunakan metode penilaian internal.

   c)   Kredit yang diberikan                                          c)   Loans

        Portofolio kredit Bank secara umum terdiri dari                     Generally, the Bank’s portfolio consists of loans
        kredit yang diberikan dengan suku bunga                             with floating and fixed interest rates. Loans are
        mengambang dan suku bunga tetap. Kredit                             stated at carrying amount. The fair value of
        yang diberikan dinyatakan berdasarkan jumlah                        loans represents the discounted amount of
        nilai tercatat. Nilai wajar dari kredit yang                        estimated future cash flows expected to be
        diberikan menunjukkan nilai diskon dari                             received by the Bank. The estimated future cash
        perkiraan arus kas masa depan yang                                  flows is discounted using the current market
        diharapkan akan diterima oleh Bank. Perkiraan                       rates to determine its fair value.
        arus     kas     ini  didiskontokan   dengan
        menggunakan suku bunga pasar untuk
        menentukan nilai wajar.




                                                               172
Page 775
                                                                                The original financial statements included herein are in the
                                                                                                                      Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                   PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                 As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                           and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                            (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                    unless otherwise stated)


35. NILAI WAJAR      ASET             DAN        LIABILITAS                 35. FAIR VALUE OF FINANCIAL ASSETS AND
    KEUANGAN (lanjutan)                                                         LIABILITIES (continued)
   Tabel di bawah ini menyajikan instrumen keuangan                             The following table presents financial instruments
   yang diakui pada nilai wajar berdasarkan hirarki                             measured at fair value based on the hierarchy used
   yang digunakan Bank untuk menentukan dan                                     by the Bank to determine and disclose the fair value
   mengungkapkan nilai wajar dari instrumen                                     of financial instruments:
   keuangan:
                                                           31 Desember/December 31, 2025
                                                                                     _______

                                        Nilai wajar/        Tingkat 1/        Tingkat 2/           Tingkat 3/
                                        Fair value           Level 1           Level 2              Level 3
                                                                                     _______

   Aset keuangan                                                                                                                   Financial assets
   Nilai wajar melalui laba rugi                                                                                    Fair value through profit or loss
      Efek-efek                          333.170.000        333.170.000                        -                -                       Securities
   Nilai wajar melalui penghasilan                                                                                          Fair value through other
      komprehensif lain                                                                                                  comprehensive income
      Efek-efek                        2.460.685.265       2.451.618.568        9.066.697                       -                       Securities
   Biaya perolehan diamortisasi                                                                                                      Amortized cost
      Efek-efek                        2.369.746.122       2.369.746.122                 -                    -                         Securities
      Kredit yang diberikan            6.121.008.614                   -     5.707.347.119         413.661.495                             Loans
                                                                                     _______

  Total aset keuangan                 11.284.610.001       5.154.534.690     5.716.413.816         413.661.495              Total financial assets

                                                           31 Desember/December 31, 2024
                                                                                     _______

                                        Nilai wajar/        Tingkat 1/        Tingkat 2/           Tingkat 3/
                                        Fair value           Level 1           Level 2              Level 3
                                                                                     _______

   Aset keuangan                                                                                                                   Financial assets
   Nilai wajar melalui laba rugi                                                                                    Fair value through profit or loss
      Efek-efek                          295.309.031        295.309.031                    -                    -                       Securities
   Nilai wajar melalui penghasilan                                                                                          Fair value through other
      komprehensif lain                                                                                                  comprehensive income
      Efek-efek                        2.336.669.529       2.336.669.529                   -                    -                       Securities
   Biaya perolehan diamortisasi                                                                                                      Amortized cost
      Efek-efek                        1.827.909.919       1.827.909.919                 -                   -                          Securities
      Kredit yang diberikan            5.993.672.506                   -     5.172.032.731         821.639.775                             Loans
                                                                                     _______

  Total aset keuangan                 10.453.560.985       4.459.888.479     5.172.032.731         821.639.775              Total financial assets




36. INFORMASI MENGENAI                 KOMITMEN             DAN             36. INFORMATION   ON                    COMMITMENTS               AND
    KONTINJENSI                                                                 CONTINGENCIES

                                                  31 Desember/             31 Desember/
                                                December 31, 2025        December 31, 2024

   Komitmen                                                                                                                   Commitments
   Liabilitas komitmen                                                                                                    Commitment liabilities
   Rupiah                                                                                                                              Rupiah
      Fasilitas kredit yang diberikan kepada
         debitur yang belum digunakan                  (115.672.735)          (123.579.998)                             Unused loan facilities
   Komitmen                                            (115.672.735)          (123.579.998)                                       Commitments
   Kontinjensi                                                                                                                 Contingencies
   Liabilitas kontinjensi                                                                                                  Contingent liabilities
   Rupiah                                                                                                                               Rupiah
      Garansi bank yang diterbitkan                                 -               (48.835)                              Guarantees issued
   Kontinjensi                                                      -               (48.835)                                      Contingencies




                                                                    173
Page 776
                                                                                      The original financial statements included herein are in the
                                                                                                                            Indonesian language.

       PT BANK RAYA INDONESIA Tbk                                                          PT BANK RAYA INDONESIA Tbk
    CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                                        As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                                                  and for the Year Then Ended
        (Disajikan dalam ribuan Rupiah,                                                   (Expressed in thousands of Rupiah,
            kecuali dinyatakan lain)                                                           unless otherwise stated)


37. SEGMEN OPERASI                                                                 37. OPERATION SEGMENT

   Berikut ini adalah informasi                  segmen       Bank                    Information concerning the operating segments of
   berdasarkan segmen operasi:                                                        the Bank are as follows:
                                                                     Tahun yang berakhir
                                                               pada tanggal 31 Desember 2025/
                                                                Year ended December 31, 2025

                                 Konsumer/          Ritel/         Menengah/          Mikro/             Lainnya/
    Keterangan                   Consumer           Retail          Middle            Micro               Others             Total              Description

    Pendapataan bunga             291.443.710      100.997.719      247.378.534      205.481.106         344.960.698      1.190.261.767               Interest income
    Beban bunga                   (76.802.467)      (82.086.422)   (221.427.347)     (69.880.800)        (43.720.275)      (493.917.311)            Interest expense

    Pendapatan bunga - neto       214.641.243       18.911.297       25.951.187      135.600.306         301.240.423       696.344.456          Interest income - net
    Pendapatan operasi                                                                                                                               Other operating
      lainnya                      10.358.920       32.642.146       87.657.752        2.854.370          33.717.293       167.230.481                     income

    Total pendapatan              225.000.163       51.553.443      113.608.939      138.454.676         334.957.716       863.574.937                  Total income

    Beban operasi lainnya         (89.129.624)      (94.257.635)   (203.312.050)      (79.790.849)       (172.311.129)     (638.801.287)   Other operating expenses
    Penyisihan kerugian                                                                                                                                 Provision for
      penurunan nilai            (163.306.731)      (51.067.612)   (317.013.721)      (22.302.158)             77.390      (553.612.832)       impairment losses

    Total beban                  (252.436.355)     (145.325.247)   (520.325.771)     (102.093.007)       (172.233.739)   (1.192.414.119)             Total expenses
    Pendapatan
      non-operasional - neto          907.957          971.067        2.615.806          826.551            1.800.789         7.122.170 Non-operating Income - net

    Laba (rugi) sebelum beban                                                                                                                   Income (loss) before
      pajak penghasilan           (26.528.235)      (92.800.737)   (404.101.026)       37.188.220         164.524.766      (321.717.012)     income tax expense
    Beban (manfaat) pajak                                                                                                                         Income tax benefit
      penghasilan - neto          (14.586.537)      (51.026.438)   (222.194.746)       20.447.924          90.463.861      (176.895.936)          (expense) - net

    Laba (rugi) tahun berjalan    (41.114.772)     (143.827.175)   (626.295.772)       57.636.144         254.988.627      (498.612.948) Income (loss) for the year


    Aset segmen                                                                                                                                 Segment of Assets
    Kredit yang diberikan        1.316.214.521    1.406.769.135    3.794.746.445    1.197.593.342                   -     7.715.323.443                        Loans
    Total aset non kredit           53.716.494       57.617.182      150.720.452       50.986.676       6.502.299.960     6.815.340.764       Total non-loans assets
    Cadangan kerugian                                                                                                                                  Allowance for
      penurunan nilai                                                                                                                         impairment losses
     kredit yang diberikan        (87.177.041)     (282.054.631) (1.042.162.276)      (30.825.492)                  -    (1.442.219.440)                 of loans
    Cadangan kerugian                                                                                                                                  Allowance for
      penurunan nilai                                                                                                                         impairment losses
     non-kredit yang diberikan       (134.310)       (1.072.491)               -                    -       (130.053)        (1.336.854)            of non-loans

                                 1.282.619.664    1.181.259.195    2.903.304.621    1.217.754.526       6.502.169.907    13.087.107.913

    Liabilitas segmen                                                                                                                        Segment of Liabilities
    Pendanaan                    1.077.342.965    1.151.463.386    6.335.930.022     980.249.601                   -      9.544.985.974                  Fundings
    Non-pendanaan                   30.053.901       18.701.147       50.693.401      15.920.429         415.417.087        530.785.965              Non-fundings

                                 1.107.396.866    1.170.164.533    6.386.623.423     996.170.030         415.417.087     10.075.771.939




                                                                        174
Page 777
                                                                                          The original financial statements included herein are in the
                                                                                                                                Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                                             PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                           As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                                     and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                                      (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                                              unless otherwise stated)


37. SEGMEN OPERASI (lanjutan)                                                         37. OPERATION SEGMENT (continued)

   Berikut ini adalah informasi segmen                           Bank                     Information concerning the operating segments of
   berdasarkan segmen operasi (lanjutan):                                                 the Bank are as follows (continued):

                                                                       Tahun yang berakhir
                                                                 pada tanggal 31 Desember 2024/
                                                                  Year ended December 31, 2024

                                  Konsumer/           Ritel/          Menengah/           Mikro/          Lainnya/
    Keterangan                    Consumer            Retail           Middle             Micro            Others             Total                Description

    Pendapataan bunga              162.314.387       122.431.083        286.782.161      142.546.517      331.186.868      1.045.261.016                Interest income
    Beban bunga                     (71.778.940)     (77.139.482)      (226.619.325)     (50.883.317)     (46.870.581)      (473.291.645)             Interest expense

    Pendapatan bunga - neto         90.535.447        45.291.601        60.162.836        91.663.200      284.316.287       571.969.371            Interest income - net
    Pendapatan operasi                                                                                                                                  Other operating
      lainnya                         9.814.127       44.611.735       440.007.295          9.838.191      25.689.508       529.960.856                       income

    Total pendapatan               100.349.574        89.903.336       500.170.131       101.501.391      310.005.795      1.101.930.227                  Total income

    Beban operasi lainnya           (56.694.900)    (111.075.405)      (280.959.499)      (79.353.001)    (111.210.822)     (639.293.627)   Other operating expenses
    Penyisihan kerugian                                                                                                                                  Provision for
      penurunan nilai               (76.422.633)    (152.586.432)      (154.697.654)      (27.156.231)         602.322      (410.260.628)       impairment losses

    Total beban                    (133.117.533)    (263.661.837)      (435.657.153)     (106.509.232)    (110.608.500)   (1.049.554.255)               Total expenses
    Pendapatan
      non-operasional - neto           664.263          1.411.111        3.975.723          1.023.553       (4.108.664)        2.965.986 Non-operating Income - net

    Laba (rugi) sebelum beban                                                                                                                    Income (loss) before
      pajak penghasilan             (32.103.696)    (172.347.390)        68.488.701        (3.984.288)    195.288.631         55.341.958      income tax expense
    Beban (manfaat) pajak                                                                                                                          Income tax benefit
      penghasilan - neto              2.581.540       13.858.893         (5.507.351)           320.387     (15.703.657)       (4.450.188)          (expense) - net

    Laba (rugi) tahun berjalan      (29.522.156)     (158.488.497)       62.981.350        (3.663.901)    179.584.974         50.891.770 Income (loss) for the year


    Aset segmen                                                                                                                                    Segment of Assets
    Kredit yang diberikan         1.203.191.391     1.288.254.249     3.785.375.904      849.129.144                 -     7.125.950.688                          Loans
    Total aset non kredit            34.553.157        76.066.737       205.890.905       52.810.423     6.681.197.097     7.050.518.319         Total non-loans assets
    Cadangan kerugian                                                                                                                                     Allowance for
      penurunan nilai                                                                                                                            impairment losses
      kredit yang diberikan        (55.709.113)      (242.246.882)     (724.903.696)      (23.354.634)               -    (1.046.214.325)                   of loans
    Cadangan kerugian                                                                                                                                     Allowance for
      penurunan nilai                                                                                                                            impairment losses
      non-kredit yang diberikan       (134.310)        (1.072.492)                -                  -        (127.713)       (1.334.515)              of non-loans

                                  1.181.901.125     1.121.001.612     3.266.363.113      878.584.933     6.681.069.384    13.128.920.167

    Liabilitas segmen                                                                                                                         Segment of Liabilities
    Pendanaan                      805.603.024       862.557.301      5.896.352.860      568.538.814                 -     8.133.051.999                  Fundings
    Non-pendanaan                   19.985.849        10.213.445         29.717.039        7.186.696     1.475.400.612     1.542.503.641              Non-fundings

                                   825.588.873       872.770.746      5.926.069.899      575.725.510     1.475.400.612     9.675.555.640



   Berikut ini adalah informasi                    segmen        Bank                     Segment information based                         on      geographical
   berdasarkan segmen geografis:                                                          segment are as follows:

   a)   Pendapatan bunga neto dan operasi lainnya                                         a)       Net interest income and other operating income

                                                               Tahun yang berakhir pada
                                                                 tanggal 31 Desember/
                                                               Year ended December 31,
                                                               2025                       2024

        Jabodetabek                                        808.359.959                 1.008.581.943                                                  Jabodetabek
        Jawa                                               (14.296.247)                  (23.157.878)                                                        Java
        Sumatera                                            59.606.260                    88.277.058                                                     Sumatera
        Sulawesi                                             9.756.629                    28.180.784                                                     Sulawesi
        Lainya                                                 148.336                        48.320                                                       Others

        Total                                              863.574.937                 1.101.930.227                                                             Total




                                                                           175
Page 778
                                                                  The original financial statements included herein are in the
                                                                                                        Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                    PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                  As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                            and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                             (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                     unless otherwise stated)


37. SEGMEN OPERASI (lanjutan)                                37. OPERATION SEGMENT (continued)

   Berikut ini adalah informasi segmen          Bank              Segment information based on                 geographical
   berdasarkan segmen geografis (lanjutan):                       segment are as follows (continued):

   b)   Laba sebelum beban pajak penghasilan                      b)    Income before income tax expense

                                              Tahun yang berakhir pada
                                                tanggal 31 Desember/
                                              Year ended December 31,
                                               2025              2024

        Jabodetabek                        (263.260.052)        122.420.295                                     Jabodetabek
        Jawa                                (75.429.520)        (81.893.769)                                           Java
        Sumatera                             13.756.460           1.677.862                                        Sumatera
        Sulawesi                              3.067.764          13.089.250                                        Sulawesi
        Lainya                                  148.336              48.320                                          Others

        Total                              (321.717.012)         55.341.958                                             Total


   c)   Total asset                                               c)    Total assets

                                         31 Desember/        31 Desember/
                                       December 31, 2025   December 31, 2024

        Jabodetabek                      11.953.180.222      12.188.852.603                                     Jabodetabek
        Jawa                                440.384.181         312.614.582                                            Java
        Sumatera                            629.398.195         556.992.506                                        Sumatera
        Sulawesi                             56.809.632          62.775.433                                        Sulawesi
        Lainya                                7.335.683           7.685.043                                          Others
        Total                            13.087.107.913      13.128.920.167                                             Total


   d)   Total liabilitas                                          d)    Total liabilities

                                         31 Desember/        31 Desember/
                                       December 31, 2025   December 31, 2024

        Jabodetabek                       8.195.326.147       8.189.601.284                                     Jabodetabek
        Jawa                              1.295.858.546         856.245.525                                            Java
        Sumatera                            567.075.588         613.578.598                                        Sumatera
        Sulawesi                             17.511.658          16.130.233                                        Sulawesi
        Total                            10.075.771.939       9.675.555.640                                             Total


38. PERJANJIAN, KOMITMEN DAN KONTINJENSI                     38. SIGNIFICANT AGREEMENTS, COMMITMENTS
    SIGNIFIKAN                                                   AND CONTINGENCIES

   Perjanjian signifikan                                          Significant agreement

   Pada tanggal 19 Agustus 2025, Bank mengadakan                  On August 19, 2025, the Bank entered into the first
   addendum pertama perjanjian dengan PT Indocyber                addendum to the agreement with PT Indocyber
   Teknologi   sehubungan      dengan    Pengadaan                Teknologi regarding the Procurement of Application
   Development Fitur Aplikasi PT Bank Raya Indonesia              Feature Development for PT Bank Raya Indonesia
   Tbk Semester 1 2025 dengan nilai kontrak                       Tbk for Semester 1 2025 with a contract value of
   Rp2.870.460.                                                   Rp2,870,460.
   Pada tanggal 1 Agustus 2025, Bank mengadakan                   On August 1, 2025, the Bank entered into an
   perjanjian dengan PT Satkomindo Mediyasa                       agreement with PT Satkomindo Mediyasa regarding
   sehubungan dengan Pengadaan Development Fitur                  the   Procurement     of  Application   Feature
   Aplikasi PT Bank Raya Indonesia Tbk Semester 1                 Development for PT Bank Raya Indonesia Tbk
   2025 dengan nilai kontrak sebesar Rp7.770.000.                 Semester 1 2025 with a contract value of
                                                                  Rp7,770,000.

                                                       176
Page 779
                                                                The original financial statements included herein are in the
                                                                                                      Indonesian language.

       PT BANK RAYA INDONESIA Tbk                                   PT BANK RAYA INDONESIA Tbk
    CATATAN ATAS LAPORAN KEUANGAN                                NOTES TO THE FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                 As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                           and for the Year Then Ended
        (Disajikan dalam ribuan Rupiah,                            (Expressed in thousands of Rupiah,
            kecuali dinyatakan lain)                                    unless otherwise stated)


38. PERJANJIAN, KOMITMEN DAN KONTINJENSI                      38. SIGNIFICANT AGREEMENTS, COMMITMENTS
    SIGNIFIKAN (lanjutan)                                         AND CONTINGENCIES (continued)

   Perjanjian signifikan (lanjutan)                             Significant agreement (continued)
   Pada tanggal 17 Juni 2025, Bank mengadakan                   On June 17, 2025, the Bank entered into an
   perjanjian dengan PT Mitra Integrasi Informatika             agreement with PT Mitra Integrasi Informatika
   sehubungan       dengan    Pengadaan       Support           regarding Procurement of Support Maintenance
   Maintenance      Disaggregated     Hyperconverged            Disaggregated     Hyperconverged      Infrastructure
   Infrastructure (dHCI) dengan nilai kontrak sebesar           (dHCI) with a contract value of Rp4,195,800.
   Rp4.195.800.
   Pada tanggal 17 Maret 2025, Bank mengadakan                  On March 17, 2025, the Bank entered into a 3rd
   addendum ke 3 perjanjian dengan PT ITSEC Asia                addendum to the agreement with PT ITSEC Asia
   sehubungan dengan Pengadaan Jasa Managed                     regarding the Procurement of Managed Service
   Service Security Operation Center dengan nilai               Security Operation Center Services with a contract
   kontrak sebesar Rp3.535.488.                                 value of Rp3,535,488.
   Pada tanggal 18 Februari 2025, Bank mengadakan               On February 18, 2025, the Bank entered into a 3rd
   perjanjian dengan PT Metrodata Electronics                   addendum to the agreement with PT Metrodata
   sehubungan dengan Perpanjangan License &                     Electronics regarding the Extension of License &
   Support Oracle BI-FAST dengan nilai kontrak                  Support Oracle BI-FAST with a contract value of
   sebesar Rp2.560.293.                                         Rp2,560,293.
   Pada tanggal 17 Desember 2024, Bank                          On December 17, 2024, the Bank entered into a
   mengadakan Addendum Kedua Perjanjian dengan                  Second Addendum to the Agreement with PT Bringin
   PT Bringin Karya Sejahtera dalam hal ini bertindak           Karya Sejahtera in this case acting for and on behalf
   untuk dan atas nama PT Bank Rakyat Indonesia                 of PT Bank Rakyat Indonesia (Persero) Tbk. in
   (Persero) Tbk. sehubungan dengan perjanjian sewa             connection with the BRILiaN Tower building lease
   gedung Menara BRILiaN dengan penghentian sewa                agreement with the termination of the lease of the
   ruang Lantai 18 per tanggal 30 April 2024.                   18th Floor space as of April 30, 2024. This
   Perubahan tersebut mengubah total nilai kontrak              amendment changed the total contract value of the
   aset hak guna gedung menjadi sebesar                         building use rights asset to Rp60,243,140 and is
   Rp60.243.140 dan berlaku surut.                              retroactive.
   Pada tanggal 28 November 2024, Bank                          On November 28, 2024, the Bank entered into the
   mengadakan addendum pertama perjanjian dengan                first addendum to the agreement with PT Data
   PT Data Sinergitama Jaya sehubungan dengan                   Sinergitama Jaya regarding the Extension of
   Perpanjangan Renewal Managed Service Security                Renewal Managed Service Security Operation
   Operation Center pada Google Cloud dan Renewal               Center on Google Cloud and Renewal License
   License Crowdstrike dengan nilai kontrak                     Crowdstrike with a contract value of Rp1,887,000.
   Rp1.887.000.

   Pada tanggal 31 Maret 2024, Bank mengadakan                  On March 31, 2024, the Bank entered into an
   perjanjian dengan PT Euronet Technologies                    agreement with PT Euronet Technologies Indonesia
   Indonesia sehubungan dengan Pengadaan Card                   regarding the Procurement of Card Management
   Management System dengan nilai kontrak sebesar               System with a contract value of Rp20,320,000.
   Rp20.320.000.




                                                        177
Page 780
                                                                  The original financial statements included herein are in the
                                                                                                        Indonesian language.

       PT BANK RAYA INDONESIA Tbk                                     PT BANK RAYA INDONESIA Tbk
    CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                             and for the Year Then Ended
        (Disajikan dalam ribuan Rupiah,                              (Expressed in thousands of Rupiah,
            kecuali dinyatakan lain)                                      unless otherwise stated)


38. PERJANJIAN, KOMITMEN DAN KONTINJENSI                        38. SIGNIFICANT AGREEMENTS, COMMITMENTS
    SIGNIFIKAN (lanjutan)                                           AND CONTINGENCIES (continued)

   Perjanjian signifikan (lanjutan)                               Significant agreement (continued)

   Dalam menjalankan usahanya, Perusahaan                         In conducting its business, the Company entered
   mengadakan        perjanjian    asuransi dengan                into an insurance agreement with PT Penjaminan
   PT     Penjaminan       Kredit   Daerah  Jakarta               Kredit Daerah Jakarta (JAMKRINDA) to cover the
   (JAMKRINDA) untuk menutup potensi kerugian dari                potential losses from the risk of credit default by
   risiko gagal bayar kredit oleh konsumen.                       customers.     According     to  the     agreement,
   Berdasarkan      perjanjian,   JAMKRINDA   akan                JAMKRINDA will bear a maximum of 75% of the
   menanggung maksimal 75% dari jumlah pinjaman                   uncollectible loan amount plus interest and a
   yang tidak tertagih ditambah bunga dan denda                   maximum penalty of 4x installments. The Company
   maksimal 4x angsuran. Perusahaan tidak dapat                   cannot make a claim if the submission is made more
   melakukan klaim apabila pengajuan dilakukan                    than 15 days.
   melebihi 15 hari.

   Dalam menjalankan usahanya, Perusahaan                         In conducting its business, the Company entered
   mengadakan perjanjian asuransi dengan PT Citra                 into an insurance agreement with PT Citra
   International Underwriters (CIU Insurance) untuk               Interational Underwriters (CIU Insurance) to cover
   menutup potensi kerugian dari risiko gagal bayar               the potential losses from the risk of credit default by
   kredit oleh konsumen. Berdasarkan perjanjian, CIU              customers. According to the agreement, CIU
   Insurance akan menanggung 100% dari jumlah                     Insurance will cover 100% of the outstanding loan
   pinjaman yang tidak tertagih. Maksimum rasio klaim             amount that remains uncollected. The maximum
   adalah 90% dari premi yang telah dibayarkan.                   claim ratio is 90% of the premiums that have been
   Apabila rasio klaim telah mencapai 90%, maka                   paid. If the claim ratio reaches 90%, the Company
   Perusahaan tidak dapat melakukan klaim.                        will not be able to make further claims.

   Komitmen dan kontinjensi signifikan                            Significant commitments and contingencies

   Dalam melakukan usahanya, Bank menghadapi                      In the conduct of its business, the Bank is
   berbagai perkara hukum dan tuntutan dimana Bank                a defendant in various litigation proceedings and
   sebagai tergugat, terutama sehubungan dengan                   legal claims mainly with respect to matters of
   kepatuhan dengan kontrak. Walaupun belum ada                   contractual compliance. Although there is no clear
   kepastian yang jelas, Bank berpendapat bahwa                   assurance yet, the Bank believes that based on
   berdasarkan informasi yang ada dan keputusan                   information currently available, the ultimate
   terakhir dari perkara bahwa tuntutan hukum ini tidak           resolution of these legal proceedings and legal
   akan berdampak secara material pada operasi,                   claims will not likely to have a material effect on the
   posisi keuangan atau tingkat likuiditas Bank.                  operations, financial position or liquidity level of the
                                                                  Bank.

   Pada tanggal-tanggal 31 Desember 2025 dan 2024,                As of December 31, 2025 and 2024 the Bank has
   Bank telah membentuk cadangan (disajikan dalam                 established a provision (included in “Other
   akun “Liabilitas Lain-lain”) untuk sejumlah perkara            Liabilities”) for several litigation amounted to
   sebesar Rp1.000.000 (Catatan 24). Manajemen                    Rp1,000,000 (Note 24). Management believes that
   berpendapat bahwa jumlah cadangan yang dibentuk                the provision is adequate to cover possible losses.
   atas kemungkinan timbulnya kerugian.

39. JAMINAN     PEMERINTAH     TERHADAP                         39. GOVERNMENT GUARANTEE ON OBLIGATIONS
    KEWAJIBAN PEMBAYARAN BANK UMUM                                  OF COMMERCIAL BANKS

   Berdasarkan Keputusan Presiden No. 26                          Based on Presidential Decision No. 26 Year 1998 as
   Tahun     1998    yang     dilaksanakan      melalui           implemented by the Decision of the Ministry of
   Keputusan Menteri Keuangan tanggal 28 Januari                  Finance dated January 28, 1998 and the
   1998     dan     Surat    Keputusan        Bersama             Joint    Decrees     No.     30/270/KEP/DIR   and
   Direksi Bank Indonesia dan Ketua BPPN                          No. 1/BPPN/1998 dated March 6, 1998, of the
   (SKB BI dan BPPN) No. 30/270/KEP/DIR dan                       Director of Bank Indonesia and Head of IBRA, the
   No. 1/BPPN/1998 tanggal 6 Maret 1998, Pemerintah               Government provided a guarantee on certain
   telah menjamin kewajiban tertentu dari seluruh bank            obligations of all locally incorporated commercial
   umum yang berbadan hukum Indonesia.                            banks.



                                                          178
Page 781
                                                                   The original financial statements included herein are in the
                                                                                                         Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                     PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                             and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                              (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                      unless otherwise stated)


39. JAMINAN         PEMERINTAH           TERHADAP                39. GOVERNMENT GUARANTEE ON OBLIGATIONS
    KEWAJIBAN      PEMBAYARAN          BANK UMUM                     OF COMMERCIAL BANKS (continued)
    (lanjutan)

   Berdasarkan perubahan terakhir yang terdapat                    Based on the latest amendment under the Ministry
   pada      Keputusan        Menteri     Keuangan                 of Finance Decision No. 179/KMK.017/2000 dated
   No. 179/KMK.017/2000 tanggal 26 Mei 2000,                       May 26, 2000, this guarantee is valid from January
   jaminan tersebut berlaku sejak tanggal 26 Januari               26, 1998 up to January 31, 2001 and with automatic
   1998 sampai dengan 31 Januari 2001 dan dapat                    extension of the guarantee period continuously
   diperpanjang dengan sendirinya setiap 6 (enam)                  every 6 (six) months, unless within 6 (six) months
   bulan berikutnya secara terus-menerus, kecuali                  before the maturity of the guarantee period or its
   apabila dalam waktu 6 (enam) bulan sebelum                      extension period, the Ministry of Finance announced
   berakhirnya jangka waktu Program Penjaminan atau                to the public the expiry and/or change in the
   jangka waktu perpanjangannya, Menteri Keuangan                  guarantee program.
   mengumumkan pengakhiran dan atau perubahan
   Program Penjaminan tersebut untuk diketahui oleh
   umum.

   Atas penjaminan ini, Pemerintah membebankan                     For this guarantee, the Government charges
   premi yang dihitung berdasarkan persentase                      premium which is computed based on a certain
   tertentu sesuai ketentuan yang berlaku.                         percentage in accordance with the prevailing
                                                                   regulations.

   Sesuai dengan Peraturan Menteri Keuangan                        In accordance with Regulation No. 17/PMK.05/2005
   No. 17/PMK.05/2005 tanggal 3 Maret 2005,                        dated March 3, 2005 of the Ministry of Finance,
   terhitung sejak tanggal 18 April 2005 jenis kewajiban           starting April 18, 2005, commercial bank obligations
   bank umum yang dijamin berdasarkan Program                      guaranteed by the Government Guarantee Program
   Penjaminan Pemerintah meliputi giro, tabungan,                  include demand deposits, saving deposits, time
   deposito berjangka dan pinjaman yang diterima dari              deposits and fund borrowings from other banks in
   bank lain dalam bentuk transaksi pasar uang antar               the form of inter-bank money market transactions.
   bank.

   Program Penjaminan Pemerintah melalui UP3 telah                 The Government Guarantee Program through UP3
   berakhir pada tanggal 22 September 2005,                        ended on September 22, 2005 based on Regulation
   sebagaimana dinyatakan dalam Peraturan Menteri                  No. 68/PMK.05/2005 dated August 10, 2005 of the
   Keuangan       No.     68/PMK.05/2005         tanggal           Ministry of Finance regarding the “Calculation and
   10 Agustus 2005 tentang “Perhitungan dan                        Payment of the Premium on Government Guarantee
   Pembayaran       Premi      Program      Penjaminan             Program on the Payment of Obligations of
   Pemerintah terhadap Kewajiban Pembayaran Bank                   Commercial Banks” for the period of July 1 up to
   Umum” untuk periode 1 Juli sampai dengan                        September 21, 2005. The Government established
   21 September 2005. Sebagai pengganti UP3,                       the Indonesia Deposit Insurance Corporation (IDIC),
   Pemerintah telah membentuk lembaga independen                   an independent agency, to replace UP3 based on
   yaitu Lembaga Penjamin Simpanan (LPS)                           Law No. 24 of 2004 dated September 22, 2004
   berdasarkan Undang-undang No. 24 Tahun 2004                     regarding      “Indonesia    Deposit      Insurance
   tanggal 22 September 2004 tentang “Lembaga                      Corporation”, in which IDIC guarantees public funds
   Penjamin Simpanan”, dimana LPS menjamin dana                    including funds from other banks in the form of
   masyarakat termasuk dana dari bank lain dalam                   demand deposits, time deposits, certificates of
   bentuk giro, deposito, sertifikat deposito, tabungan            deposits, saving deposits and/or other similar forms.
   dan/atau bentuk lainnya yang dipersamakan dengan
   itu.

   Suku bunga penjaminan LPS pada tanggal                          The LPS guarantee interest rate as of December 31,
   31 Desember 2025 dan 2024 adalah sebesar 3,50%                  2025 and 2024 is 3.50% and 4.25% for deposits in
   dan 4,25% untuk simpanan dalam mata uang                        Rupiah and 2.00% and 2.25% for deposits in foreign
   Rupiah dan sebesar 2,00% dan 2,25% untuk                        currencies.
   simpanan dalam mata uang asing.




                                                           179
Page 782
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                       PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                                (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                        unless otherwise stated)


39. JAMINAN         PEMERINTAH          TERHADAP                  39. GOVERNMENT GUARANTEE ON OBLIGATIONS
    KEWAJIBAN      PEMBAYARAN         BANK UMUM                       OF COMMERCIAL BANKS (continued)
    (lanjutan)

   Berdasarkan Peraturan Pemerintah No. 66 Tahun                    Based on with Government Regulation No. 66 Year
   2008 tanggal 13 Oktober 2008 tentang “Besaran                    2008, dated October 13, 2008 regarding “The
   Nilai Simpanan yang Dijamin Lembaga Penjamin                     Amount of Public Savings Guaranteed by the
   Simpanan” yang disempurnakan melalui peraturan                   Indonesia Deposit Insurance Corporation”, amended
   LPS No. 2/PLPS/2010 tanggal 25 November 2010                     through LPS Regulation No. 2/PLPS/2010 dated
   tentang Program Penjaminan Simpanan Pasal 29,                    November 25, 2010 regarding the Deposit Insurance
   nilai simpanan setiap nasabah pada satu bank yang                Program Article 29, the total amount of customers’
   dijamin oleh Pemerintah adalah paling tinggi                     saving accounts in banks which is guaranteed by the
   sebesar Rp2.000.000.000 (angka penuh).                           Government has increased to highest amount
                                                                    Rp2,000,000,000 (full amount).

40. PERNYATAAN     STANDAR        AKUNTANSI                       40. ISSUED AND REVISED STATEMENTS OF
    KEUANGAN (PSAK) DAN INTERPRETASI                                  FINANCIAL ACCOUNTING STANDARDS (SFAS)
    STANDAR AKUNTANSI KEUANGAN (ISAK)                                 AND    INTERPRETATION  OF   FINANCIAL
    YANG DITERBITKAN DAN DIREVISI                                     ACCOUNTING STANDARDS (IFAS)

   Berikut adalah ringkasan revisi dan amandemen                    The following summarizes the revised and amended
   PSAK yang diterbitkan oleh Dewan Standar                         SFAS which were issued by the Financial
   Akuntansi Keuangan Ikatan Akuntan Indonesia                      Accounting Standards Board of Indonesian Institute
   (DSAK IAI) yang relevan untuk Bank, namun belum                  of Accountants (DSAK IAI) that relevant to the Bank,
   berlaku efektif untuk laporan keuangan pada tanggal              but not yet effective to the Bank’s financial
   31 Desember 2025:                                                statements as of December 31, 2025:

   Efektif berlaku    pada    atau   setelah   tanggal              Effective on or after January 1, 2026:
   1 Januari 2026:
      PSAK 109, “Instrumen Keuangan” dan PSAK                           SFAS 109, "Financial Instruments," and SFAS
       107, “Instrumen Keuangan: Pengungkapan”,                           107, "Financial Instruments: Disclosures”,
       tentang “Klasifikasi dan Pengukuran Instrumen                      about the “Classification and Measurement of
       Keuangan”                                                          Financial Instruments"
       Amendemen         ini   menambahkan           dan                  These amendments adding and clarify
       mengklarifikasi ketentuan dalam PSAK 109                           statement in SFAS 109 regarding derecognition
       terkait   penghentian    pengakuan      liabilitas                 of financial liabilities, as well as clarify the
       keuangan, serta mengklarifikasi penilaian                          assessment of cash flow characteristics for
       karakteristik arus kas untuk aset keuangan                         financial assets with ESG-linked features,
       dengan fitur ESG-linked, aset keuangan dengan                      financial assets with non-recourse features, and
       fitur non-recourse, dan instrumen yang terikat                     contractually bound instruments such as
       secara kontraktual seperti tranche. Amendemen                      tranches. The amendments also revise the
       ini juga mengubah ketentuan dalam PSAK 107                         statement in SFAS 107 regarding the disclosure
       terkait persyaratan pengungkapan investasi                         requirements for investments in equity
       pada instrumen ekuitas yang diukur pada nilai                      instruments measured at fair value through
       wajar melalui penghasilan komprehensif lain dan                    other comprehensive income and adding
       menambah       ketentuan     terkait  instrumen                    statament related to financial instruments with
       keuangan dengan persyaratan kontraktual yang                       contractual terms that alter the timing or amount
       mengubah waktu atau jumlah arus kas                                of contractual cash flows."
       kontraktual.




                                                            180
Page 783
                                                                    The original financial statements included herein are in the
                                                                                                          Indonesian language.

        PT BANK RAYA INDONESIA Tbk                                      PT BANK RAYA INDONESIA Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                              and for the Year Then Ended
         (Disajikan dalam ribuan Rupiah,                               (Expressed in thousands of Rupiah,
             kecuali dinyatakan lain)                                       unless otherwise stated)


40. PERNYATAAN     STANDAR        AKUNTANSI                      40. ISSUED AND REVISED STATEMENTS OF
    KEUANGAN (PSAK) DAN INTERPRETASI                                 FINANCIAL ACCOUNTING STANDARDS (SFAS)
    STANDAR AKUNTANSI KEUANGAN (ISAK)                                AND    INTERPRETATION  OF     FINANCIAL
    YANG DITERBITKAN DAN DIREVISI (lanjutan)                         ACCOUNTING STANDARDS (IFAS) (continued)

   Berikut adalah ringkasan revisi dan amandemen                    The following summarizes the revised and amended
   PSAK yang diterbitkan oleh Dewan Standar                         SFAS which were issued by the Financial
   Akuntansi Keuangan Ikatan Akuntan Indonesia                      Accounting Standards Board of Indonesian Institute
   (DSAK IAI) yang relevan untuk Bank, namun belum                  of Accountants (DSAK IAI) that relevant to the Bank,
   berlaku efektif untuk laporan keuangan pada tanggal              but not yet effective to the Bank’s financial
   31 Desember 2025 (lanjutan):                                     statements as of December 31, 2025 (continued):

   Efektif berlaku    pada    atau   setelah   tanggal              Effective on or after January 1, 2027:
   1 Januari 2027:

       PSAK 118: Penyajian dan Pengungkapan dalam                      SFAS 118: Presentation and Disclosure in
        Laporan Keuangan                                                 Financial Statements

        Standar akuntansi baru yang mengatur                             A new accounting standard that establishes
        persyaratan untuk penyajian dan pengungkapan                     requirements for the presentation and
        informasi dalam laporan keuangan bertujuan                       disclosure of information in general-purpose
        umum untuk membantu memastikan laporan                           financial statements to help ensure that financial
        keuangan menyediakan informasi relevan yang                      statements provide relevant information that
        merepresentasikan secara tepat aset, liabilitas,                 faithfully represents assets, liabilities, equity,
        ekuitas, penghasilan, dan beban. PSAK 118                        income, and expenses. SFAS 118 will replace
        akan menggantikan PSAK 201: Penyajian                            SFAS       201:   Presentation    of     Financial
        Laporan Keuangan.                                                Statements.

   Saat ini, Bank sedang mengevaluasi dan belum                     The Bank is presently evaluating and has not yet
   menetapkan dampak dari PSAK yang direvisi                        determined the effects of these revised SFAS on its
   tersebut terhadap laporan keuangannya.                           financial statements.
41. INFORMASI   TAMBAHAN     YANG    TIDAK                       41. ADDITIONAL INFORMATION THAT’S NOT
    DIPERSYARATKAN     OLEH       STANDAR                            REQUIRED  BY   INDONESIAN FINANCIAL
    AKUNTANSI KEUANGAN DI INDONESIA                                  ACCOUNTING STANDARDS

   Informasi tambahan berikut bukan merupakan                       The following additional information is not
   informasi yang dipersyaratkan oleh Standar                       information required by Indonesian Financial
   Akuntansi Keuangan di Indonesia:                                 Accounting Standards:

   a.   Giro Wajib     Minimum (GWM) & Rasio                        a.   Minimum Legal Reserve & Macroprudential
        Penyangga      Likuiditas Makroprudensial                        Liquidity Buffer Ratio (PLM)
        (PLM)

        Saldo giro pada Bank Indonesia disediakan                        Current accounts with Bank Indonesia are
        untuk memenuhi persyaratan Giro Wajib                            maintained to comply with Bank Indonesia’s
        Minimum (GWM) dari Bank Indonesia. Rasio                         Minimum Legal Reserve (GWM) requirements.
        GWM Bank pada tanggal-tanggal 31 Desember                        As of December 31, 2025 and 2024, the GWM
        2025 dan 2024 adalah sebagai berikut:                            ratios of the Bank are as follows:
                                          31 Desember/         31 Desember/
                                         December 31, 2025   December 31, 2024

        GWM Utama - Rupiah                          5,95%                 6,64%                      Primary GWM - Rupiah
          Harian                                    0,00%                 0,00%                                   Daily
          Rata-rata                                 5,95%                 6,64%                                Average
        PLM (dahulu GWM Sekunder) - Rupiah         52,22%                56,30%     PLM (formerly Secondary GWM) - Rupiah
        GWM Utama - Mata Uang Asing                 4,20%                 4,40%            Primary GWM - Foreign Currency
          Harian                                    2,00%                 2,00%                                   Daily
          Rata-rata                                 2,20%                 2,40%                                Average




                                                           181
Page 784
                                                                  The original financial statements included herein are in the
                                                                                                        Indonesian language.

       PT BANK RAYA INDONESIA Tbk                                     PT BANK RAYA INDONESIA Tbk
    CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                             and for the Year Then Ended
        (Disajikan dalam ribuan Rupiah,                              (Expressed in thousands of Rupiah,
            kecuali dinyatakan lain)                                      unless otherwise stated)


41. INFORMASI  TAMBAHAN    YANG    TIDAK                       41. ADDITIONAL INFORMATION THAT’S NOT
    DIPERSYARATKAN    OLEH      STANDAR                            REQUIRED  BY   INDONESIAN    FINANCIAL
    AKUNTANSI  KEUANGAN   DI  INDONESIA                            ACCOUNTING STANDARDS (continued)
    (lanjutan)
   Informasi tambahan berikut bukan merupakan                     The following additional information is not
   informasi yang dipersyaratkan oleh Standar                     information required by Indonesian Financial
   Akuntansi Keuangan di Indonesia (lanjutan):                    Accounting Standards (continued):
   a.   Giro Wajib Minimum (GWM) & Rasio                          a.   Minimum Legal Reserve & Macroprudential
        Penyangga Likuiditas Makroprudensial                           Liquidity Buffer Ratio (PLM) (continued)
        (PLM) (lanjutan)
        Pada tanggal-tanggal 31 Desember 2025 dan                      On December 31, 2025 and 2024, GWM is
        2024, GWM dihitung sesuai dengan Peraturan                     calculated in accordance with Bank Indonesia
        Bank Indonesia (PBI) No. 24/4/PBI/2022                         Regulation (PBI) No. 24/4/PBI/2022 dated
        tanggal 25 Februari 2022 tentang Giro Wajib                    February 25, 2022 concerning Minimum
        Minimum dalam Rupiah dan Valuta Asing Bagi                     Statutory Reserves in Rupiah and Foreign
        Bank Umum Konvensional sebagaimana telah                       Currency for Conventional Commercial Banks
        diubah melalui PBI No. 11 tahun 2024 tanggal                   as amended by PBI No. 11 of 2024 dated
        31 Desember 2024 tentang pengendalian                          December 31, 2024 concerning monetary
        moneter.                                                       control.

        PBI tersebut dijelaskan oleh Peraturan Anggota                 The PBI is explained by the Regulation of the
        Dewan Gubernur (PADG) No. PADG No.12                           Members of the Board of Governors (PADG)
        Tahun 2023 tanggal 27 September 2023                           No. PADG No. 12 of 2023 dated September 27,
        sebagaimana telah diubah terakhir pada                         2023 as last amended by the Regulation of the
        Peraturan Anggota Dewan Gubernur (PADG)                        Members of the Board of Governors (PADG)
        No 31 tahun 2025 tanggal 23 Desember 2025.                     No. 31 of 2025 dated December 23, 2025.

        Untuk mendukung pertumbuhan Ekonomi dan                        To support economic growth and support
        mendukung intermediasi perbankan maka Bank                     banking intermediation, Bank Indonesia issued
        Indonesia menerbitkan Peraturan          Bank                  Bank Indonesia Regulation PBI No. 11 of 2023
        Indonesia PBI No. 11 tahun 2023 tanggal                        dated September 18, 2023 concerning the
        18 September 2023 tentang Kebijakan Insentif                   Macroprudential Liquidity Incentive Policy which
        Likuiditas Makroprudensial yang selanjutnya                    is further regulated through PADG No. 11 of
        diatur lebih lanjut melalui PADG No. 11 tahun                  2023 dated September 27, 2023 concerning the
        2023 tanggal 27 September 2023 tentang                         Implementation       Regulation      of      the
        Peraturan Pelaksanaan Kebijakan Insentif                       Macroprudential Liquidity Incentive Policy, as
        Likuiditas Makroprudensial, sebagaimana telah                  last amended through the Regulation of the
        diubah terakhir melalui Peraturan Anggota                      Members of the Board of Governors (PADG)
        Dewan Gubernur (PADG) No 27 Tahun 2025                         No. 27 of 2025 dated December 1, 2025.
        tanggal 1 Desember 2025.
        Pada tanggal-tanggal 31 Desember 2025 dan                      On December 31, 2025 and 2024, PT Bank
        2024, PT Bank Raya Indonesia Tbk                               Raya Indonesia Tbk received a total
        memperoleh      total    Insentif Likuiditas                   Macroprudential Liquidity Incentive of 3.60%
        Makroprudensial     masing-masing  sebesar                     and 2.90%.
        3,60% dan 2,90%.

        Sedangkan, Rasio Penyangga Likuiditas                          Meanwhile, the Macroprudential Liquidity Buffer
        Makroprudensial (PLM) dihitung sesuai dengan                   Ratio (PLM) is calculated in accordance with
        PBI No. 24/16/PBI/2022 tanggal 31 Oktober                      PBI No. 24/16/PBI/2022 dated October 31, 2022
        2022      tentang     Rasio      Intermediasi                  concerning the Macroprudential Intermediation
        Makroprudensial dan Penyangga Likuiditas                       Ratio and Macroprudential Liquidity Buffer for
        Makroprudensial     bagi     Bank      Umum                    Conventional Commercial Banks, Sharia
        Konvensional, Bank Umum Syariah, dan Unit                      Commercial Banks, and Sharia Business Units
        Usaha Syariah Peraturan Anggota Dewan                          Regulation of the Members of the Board of
        Gubernur (PADG) No. 18 Tahun 2023 tanggal                      Governors (PADG) No. 18 of 2023 dated
        29 November 2023 sebagaimana telah diubah                      November 29, 2023 as last amended by
        terakhir melalui Peraturan Anggota Dewan                       Regulation of the Members of the Board of
        Gubernur (PADG) No 23 Tahun 2025 tanggal                       Governors (PADG) No. 23 of 2025 dated
        20 Oktober 2025                                                October 20, 2025
                                                         182
Page 785
                                                                   The original financial statements included herein are in the
                                                                                                         Indonesian language.

       PT BANK RAYA INDONESIA Tbk                                       PT BANK RAYA INDONESIA Tbk
    CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
        (Disajikan dalam ribuan Rupiah,                                (Expressed in thousands of Rupiah,
            kecuali dinyatakan lain)                                        unless otherwise stated)


41. INFORMASI  TAMBAHAN    YANG    TIDAK                       41. ADDITIONAL INFORMATION THAT’S NOT
    DIPERSYARATKAN    OLEH      STANDAR                            REQUIRED  BY   INDONESIAN    FINANCIAL
    AKUNTANSI  KEUANGAN   DI  INDONESIA                            ACCOUNTING STANDARDS (continued)
    (lanjutan)
   Informasi tambahan berikut bukan merupakan                      The following additional information is not
   informasi yang dipersyaratkan oleh Standar                      information required by Indonesian Financial
   Akuntansi Keuangan di Indonesia (lanjutan):                     Accounting Standards (continued):
   a.   Giro Wajib Minimum (GWM) & Rasio                           a.    Minimum Legal Reserve & Macroprudential
        Penyangga Likuiditas Makroprudensial                             Liquidity Buffer Ratio (PLM) (continued)
        (PLM) (lanjutan)
        Pada tanggal-tanggal 31 Desember 2025 dan                        As of December 31, 2025 and 2024, based on
        2024, sesuai dengan peraturan Anggota Dewan                      the above Governor Council Member and Bank
        Gubernur dan Bank Indonesia tersebut di atas,                    Indonesia regulations, the Bank is required to
        Bank harus memenuhi persyaratan GWM dan                          maintain GWM and PLM amounting to:
        PLM sebesar:
                                          31 Desember/         31 Desember/
                                         December 31, 2025   December 31, 2024
        GWM Utama - Rupiah                         9,00%                  9,00%                     Primary GWM - Rupiah
          Harian                                   0,00%                  0,00%                                  Daily
          Rata-rata                                9,00%                  9,00%                               Average
        PLM (dahulu GWM Sekunder) - Rupiah         5,00%                  5,00%    PLM (formerly Secondary GWM) - Rupiah
        GWM Utama - Mata Uang Asing                4,00%                  4,00%           Primary GWM - Foreign Currency
          Harian                                   2,00%                  2,00%                                  Daily
          Rata-rata                                2,00%                  2,00%                               Average

        Pada tanggal-tanggal 31 Desember 2025 dan                        On December 31, 2025 and 2024, the Bank
        2024, Bank juga harus memenuhi RIM dan                           must also meet the RIM and GWM RIM, if the
        GWM RIM, jika RIM dan GWM RIM Bank                               Bank's RIM and GWM RIM are less than the
        kurang dari batas bawah Bank Indonesia (BI)                      lower limit of Bank Indonesia (BI) which is 84%
        yaitu sebesar 84% atau melebihi batas atas BI                    or exceeds the upper limit of BI which is 94%
        yaitu 94% dengan KPMM Bank lebih kecil dari                      with the Bank's KPMM less than the BI incentive
        KPMM insentif BI yang sebesar 14%. RIM dan                       KPMM which is 14%. RIM and GWM RIM are
        GWM RIM diatur berdasarkan PBI No.                               regulated based on PBI No. 20/4/PBI/2018
        20/4/PBI/2018 tanggal 29 Maret 2018 yang                         dated March 29, 2018 which was last amended
        telah diubah terakhir kali melalui PBI No.                       through PBI No. 24/16/PBI/2022 dated October
        24/16/PBI/2022 tanggal 31 Oktober 2022 dan                       31, 2022 and explained through PADG No. 18
        dijelaskan melalui PADG No. 18 Tahun 2023                        of 2023 dated November 29, 2023. And
        tanggal 29 November 2023. Dan dijelaskan                         explained through PADG No. 23 of 2025 dated
        melalui PADG No. 23 Tahun 2025 tanggal 20                        October 20, 2025.
        Oktober 2025
        Bank telah memenuhi ketentuan Bank                               The Bank has complied with Bank Indonesia’s
        Indonesia tentang rasio-rasio tersebut pada                      regulation regarding the ratio requirement as of
        tanggal-tanggal 31 Desember 2025 dan 2024.                       December 31, 2025 and 2024.
   b.   Giro pada Bank Lain                                        b.    Current Accounts with Other Banks
        Berdasarkan kolektibilitas, pada tanggal-                        By collectability, as of December 31, 2025 and
        tanggal 31 Desember 2025 dan 2024, seluruh                       2024, all current accounts with other banks were
        giro pada bank lain diklasifikasikan “lancar".                   classified as “current”.

   c.   Penempatan pada Bank Indonesia dan Bank                    c.    Placement with Bank Indonesia and Other
        Lain                                                             Banks
        Berdasarkan kolektibilitas, pada tanggal-                       By collectability, as of December 31, 2025 and
        tanggal 31 Desember 2025 dan 2024, seluruh                      2024, all placements with Bank Indonesia and
        penempatan pada Bank Indonesia dan bank                         other banks were classified as “current”.
        lain diklasifikasikan “lancar”.



                                                         183
Page 786
                                                                        The original financial statements included herein are in the
                                                                                                              Indonesian language.

       PT BANK RAYA INDONESIA Tbk                                           PT BANK RAYA INDONESIA Tbk
    CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                         As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                                   and for the Year Then Ended
        (Disajikan dalam ribuan Rupiah,                                    (Expressed in thousands of Rupiah,
            kecuali dinyatakan lain)                                            unless otherwise stated)


41. INFORMASI  TAMBAHAN    YANG    TIDAK                            41. ADDITIONAL INFORMATION THAT’S NOT
    DIPERSYARATKAN    OLEH      STANDAR                                 REQUIRED  BY   INDONESIAN    FINANCIAL
    AKUNTANSI  KEUANGAN   DI  INDONESIA                                 ACCOUNTING STANDARDS (continued)
    (lanjutan)

   Informasi tambahan berikut bukan merupakan                           The following additional information is not
   informasi yang dipersyaratkan oleh Standar                           information required by Indonesian Financial
   Akuntansi Keuangan di Indonesia (lanjutan):                          Accounting Standards (continued):
   d.   Efek-efek                                                       d.   Securities
        Berdasarkan kolektibilitas, pada tanggal-                            By collectability, as of December 31, 2025 and
        tanggal 31 Desember 2025 dan 2024, seluruh                           2024, all securities were classified as “current”.
        efek-efek diklasifikasikan “lancar”.

   e.   Kredit yang Diberikan                                           e.   Loans

        Kredit berdasarkan kolektibilitas, pada tanggal-                     Loans based on collectibility, as of December
        tanggal 31 Desember 2025 dan 2024:                                   31, 2025 and 2024:
                                              31 Desember/         31 Desember/
                                            December 31, 2025    December 31, 2024

        Individual                                                                                                       Individual
           Lancar                                468.739.502          514.916.490                                       Current
           Dalam perhatian khusus                359.513.075        1.149.638.286                               Special mention
           Kurang lancar                         171.863.104                    -                                 Substandard
           Diragukan                              86.154.736                    -                                      Doubtful
           Macet                                 523.917.293                    -                                          Loss

        Kolektif                                                                                                        Collective
          Lancar                               5.665.464.932        5.067.564.790                                       Current
          Dalam perhatian khusus                 140.273.954          164.128.328                               Special mention
          Kurang lancar                           23.424.238           20.132.384                                 Substandard
          Diragukan                               24.538.324           30.925.993                                      Doubtful
          Macet                                  251.434.285          178.644.417                                         Loss
        Total                                  7.715.323.443        7.125.950.688                                             Total
        Cadangan kerugian penurunan nilai                                                         Allowance for impairment losses
          Individual                           (1.179.374.633)       (844.986.634)                                    Individual
          Kolektif                               (262.844.807)       (201.227.691)                                    Collective

        Neto                                   6.273.104.003        6.079.736.363                                               Net

        Kredit sindikasi merupakan kredit yang                               Syndicated loans consist of loans provided to
        diberikan kepada debitur dibawah perjanjian                          customers under syndication agreements with
        pembiayaan bersama dengan bank lain.                                 other bank. The Bank’s participation as a
        Keikutsertaan Bank sebagai anggota sindikasi                         participant in the syndicated loans was 2.44%
        sebesar 2,44% dan 2,33% masing-masing pada                           and 2.33% as of December 31, 2025 and 2024,
        tanggal 31 Desember 2025 dan 2024.                                   respectively.

        Rasio kredit bermasalah Non Performing Loan                          The ratio of non performing loans (NPL) of the
        (NPL) Bank berdasarkan Peraturan Bank                                Bank, based on Bank Indonesia/Financial
        Indonesia/Otoritas Jasa Keuangan adalah                              Service Authority regulation are as follows:
        sebagai berikut:
                                              31 Desember/         31 Desember/
                                            December 31, 2025    December 31, 2024

        Total kredit bermasalah
             (NPL)                             1.081.331.979          229.702.793                Total non-performing loans (NPL)
        Total kredit yang
             diberikan                         7.715.323.443        7.125.950.688                                       Total loans
        % kredit bermasalah
             (NPL-bruto)                              14,02%                 3,22%           Non-performing loans (NPL- gross) %
        % kredit bermasalah
              (NPL-neto)                               1,22%                 1,20%              Non-performing loans (NPL-net) %
                                                            184
Page 787
                                                                    The original financial statements included herein are in the
                                                                                                          Indonesian language.

       PT BANK RAYA INDONESIA Tbk                                       PT BANK RAYA INDONESIA Tbk
    CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
        (Disajikan dalam ribuan Rupiah,                                (Expressed in thousands of Rupiah,
            kecuali dinyatakan lain)                                        unless otherwise stated)


41. INFORMASI  TAMBAHAN    YANG    TIDAK                        41. ADDITIONAL INFORMATION THAT’S NOT
    DIPERSYARATKAN    OLEH      STANDAR                             REQUIRED  BY   INDONESIAN    FINANCIAL
    AKUNTANSI  KEUANGAN   DI  INDONESIA                             ACCOUNTING STANDARDS (continued)
    (lanjutan)

   Informasi tambahan berikut bukan merupakan                       The following additional information is not
   informasi yang dipersyaratkan oleh Standar                       information required by Indonesian Financial
   Akuntansi Keuangan di Indonesia (lanjutan):                      Accounting Standards (continued):

   e.   Kredit yang Diberikan (lanjutan)                            e.   Loans (continued)

        Rasio kredit usaha kecil terhadap jumlah kredit                  The ratio of small business loans to total loans
        yang diberikan Bank adalah sebesar 12,39%                        is 12.39% and 9.88% as of December 31, 2025
        dan 9,88% masing-masing pada tanggal                             and 2024, respectively.
        31 Desember 2025 dan 2024.

        Jumlah kredit yang diberikan yang telah                          Loans that have been restructured by the Bank,
        direstrukturisasi oleh Bank, sesuai dengan                       in accordance with Financial Service Authority
        Peraturan Otoritas Jasa Keuangan (POJK) No.                      Regulations (POJK) No. 40/POJK.03/2019
        40/POJK.03/2019 tanggal 19 Desember 2019                         dated December 19, 2019 concerning
        tentang Penilaian Kualitas Aset Bank Umum,                       Assessment Of Commercial Bank Asset
        pada tanggal 31 Desember 2025 dan 2024,                          Quality, as of December 31, 2025 and 2024,
        yang dilaporkan kepada Otoritas Jasa                             respectively, which are reported to Otoritas Jasa
        Keuangan adalah sebagai berikut:                                 Keuangan are as follows:

                                           31 Desember/        31 Desember/
                                         December 31, 2025   December 31, 2024

            Modal Kerja                                                                                       Working capital
              Lancar                           85.880.162         107.341.410                                       Current
              Dalam perhatian khusus           24.925.947          32.742.963                               Special mention
              Kurang Lancar                       886.154           5.560.227                                 Substandard
              Diragukan                         1.891.339           5.349.729                                      Doubtful
              Macet                           118.512.725          96.305.464                                         Loss
                                              232.096.327         247.299.793

            Investasi                                                                                              Investment
               Lancar                          33.969.847          70.358.232                                       Current
               Dalam perhatian khusus         368.479.843         946.436.243                               Special mention
               Kurang Lancar                  172.005.202           2.792.728                                 Substandard
               Diragukan                        1.067.924           5.124.915                                      Doubtful
               Macet                          430.986.263          19.197.892                                          Loss

                                            1.006.509.079       1.043.910.010
            Program                                                                                                  Program
              Lancar                           75.228.081          94.660.209                                       Current
              Dalam perhatian khusus              315.997         126.179.777                               Special mention
              Kurang Lancar                             -              93.953                                 Substandard
              Diragukan                           153.850                   -                                      Doubtful
              Macet                           121.604.531             441.067                                         Loss

                                              197.302.459         221.375.006

            Konsumsi                                                                                                Consumer
              Lancar                           34.211.306          51.029.864                                       Current
              Dalam perhatian khusus            8.345.931          19.696.656                               Special mention
              Kurang lancar                       282.060           1.017.296                                 Substandard
              Diragukan                         2.291.940           3.648.514                                      Doubtful
              Macet                            25.619.703          15.212.186                                         Loss
                                               70.750.940          90.604.516




                                                          185
Page 788
                                                                  The original financial statements included herein are in the
                                                                                                        Indonesian language.

       PT BANK RAYA INDONESIA Tbk                                     PT BANK RAYA INDONESIA Tbk
    CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                             and for the Year Then Ended
        (Disajikan dalam ribuan Rupiah,                              (Expressed in thousands of Rupiah,
            kecuali dinyatakan lain)                                      unless otherwise stated)


41. INFORMASI  TAMBAHAN    YANG    TIDAK                      41. ADDITIONAL INFORMATION THAT’S NOT
    DIPERSYARATKAN    OLEH      STANDAR                           REQUIRED  BY   INDONESIAN    FINANCIAL
    AKUNTANSI  KEUANGAN   DI  INDONESIA                           ACCOUNTING STANDARDS (continued)
    (lanjutan)

   Informasi tambahan berikut bukan merupakan                     The following additional information is not
   informasi yang dipersyaratkan oleh Standar                     information required by Indonesian Financial
   Akuntansi Keuangan di Indonesia (lanjutan):                    Accounting Standards (continued):

   e.   Kredit yang Diberikan (lanjutan)                          e.   Loans (continued)

        Jumlah kredit yang diberikan yang telah                        Loans that have been restructured by the Bank,
        direstrukturisasi oleh Bank, sesuai dengan                     in accordance with Financial Service Authority
        Peraturan Otoritas Jasa Keuangan (POJK) No.                    Regulations (POJK) No. 40/POJK.03/2019
        40/POJK.03/2019 tanggal 19 Desember 2019                       dated December 19, 2019 concerning
        tentang Penilaian Kualitas Aset Bank Umum,                     Assessment Of Commercial Bank Asset
        pada tanggal 31 Desember 2025 dan 2024,                        Quality, as of December 31, 2025 and 2024,
        yang dilaporkan kepada Otoritas Jasa                           respectively, which are reported to Otoritas Jasa
        Keuangan adalah sebagai berikut (lanjutan):                    Keuangan are as follows (continued):

                                         31 Desember/        31 Desember/
                                       December 31, 2025   December 31, 2024

            Sindikasi                                                                                           Syndication
              Lancar                        389.926.255         390.362.999                                       Current
              Dalam Perhatian Khusus                  -          86.750.753                               Special Mention
              Diragukan                      86.154.736                   -                                      Doubtful
                                            476.080.991         477.113.752
            Total                          1.982.739.796      2.080.303.077                                             Total


        Skema restrukturisasi tersebut dilakukan                       The restructuring scheme involves extension of
        dengan perpanjangan jangka waktu dan                           loan maturity date and reduction of interest rate.
        penurunan suku bunga kredit.

        Dalam laporan Batas Maksimum Pemberian                         In its report on Legal Lending Limit (LLL) to Bank
        Kredit (BMPK) per tanggal 31 Desember 2025                     Indonesia/Otoritas Jasa Keuangan as of
        dan 2024 kepada Bank Indonesia/Otoritas Jasa                   December 31, 2025 and 2024, the Bank
        Keuangan, Bank tidak memiliki debitur yang                     indicated that there are no debtors that breach
        melanggar atau melampaui ketentuan BMPK.                       or exceeded the LLL.




                                                       186
Page 789
                                                                         The original financial statements included herein are in the
                                                                                                               Indonesian language.

       PT BANK RAYA INDONESIA Tbk                                                PT BANK RAYA INDONESIA Tbk
    CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                              As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                                        and for the Year Then Ended
        (Disajikan dalam ribuan Rupiah,                                         (Expressed in thousands of Rupiah,
            kecuali dinyatakan lain)                                                 unless otherwise stated)


41. INFORMASI  TAMBAHAN    YANG    TIDAK                             41. ADDITIONAL INFORMATION THAT’S NOT
    DIPERSYARATKAN    OLEH      STANDAR                                  REQUIRED  BY   INDONESIAN    FINANCIAL
    AKUNTANSI  KEUANGAN   DI  INDONESIA                                  ACCOUNTING STANDARDS (continued)
    (lanjutan)

   Informasi tambahan berikut bukan merupakan                            The following additional information is not
   informasi yang dipersyaratkan oleh Standar                            information required by Indonesian Financial
   Akuntansi Keuangan di Indonesia (lanjutan):                           Accounting Standards (continued):

   e.   Kredit yang Diberikan (lanjutan)                                 e.     Loans (continued)

        Rincian kredit kolektif bermasalah (kolektibilitas                      The details of non-performing collective loans
        3, 4 dan 5) dan total kredit individual, serta total                    (with collectibility 3, 4 and 5) and total individual
        cadangan       kerugian       penurunan       nilai,                    loans, with total allowance for impairment
        berdasarkan sektor ekonomi adalah sebagai                               losses by economic sector are as follows:
        berikut:
                                              31 Desember/          31 Desember/
                                            December 31, 2025     December 31, 2024

             Pertanian                          1.150.746.786        1.183.895.946                                        Agriculture
             Konstruksi                           499.711.332          496.196.886                                     Constructions
             Perdagangan                          106.368.284           84.408.170                                            Trading
             Jasa dunia usaha                      22.874.890           21.269.753                                 Business services
             Perindustrian                         19.237.926           18.264.210                                     Manufacturing
             Listrik, gas dan air                   5.635.342               89.060                        Electricity, gas and water
             Jasa pelayanan sosial                  5.261.594            3.463.683                                    Social services
             Pertambangan                           4.341.042            2.445.023                                             Mining
             Pengangkutan, pergudangan, &                                                          Transportation, warehousing, and
                komunikasi                          1.420.262            1.767.225                              telecommunication
             Lain-lain                             93.987.099           82.457.614                                             Others
             Total                              1.909.584.557        1.894.257.570                                             Total
             Cadangan kerugian
               penurunan nilai                  (1.384.877.320)       (989.394.986)                 Allowance for impairment losses
             Neto                                 524.707.237          904.862.584                                               Net


        Jumlah minimum Penyisihan Penilaian Kualitas                            The minimum Allowance for Asset Quality
        Aset (PPKA) kredit yang diberikan, yang wajib                           Assessment on loans which must be provided
        dibentuk sesuai dengan ketentuan Bank                                   based on Bank Indonesia/Otoritas Jasa
        Indonesia/Otoritas Jasa Keuangan adalah                                 Keuangan     regulation   amounting       to
        sebesar Rp955.445.222 dan Rp318.574.675                                 Rp955,445,222 and Rp318,574,675 as of
        masing-masing pada tanggal 31 Desember                                  December 31, 2025 and 2024, respectively.
        2025 dan 2024.

   f.   Penyertaan Saham                                                 f.     Investment in Shares of Stocks

        Pada tanggal 31 Desember 2025 dan 2024,                                 As of December 31, 2025 and 2024, all
        seluruh penyertaan saham diklasifikasikan                               investment in shares of stocks were classified
        “lancar”.                                                               as “current”.

   g.   Transaksi Komitmen dan Kontinjensi                               g.     Commitments            and         Contingencies
                                                                                Transactions

        Pada tanggal-tanggal 31 Desember 2024,                                  As of December 31, 2024, all guarantees issued
        seluruh transaksi garansi yang diterbikan                               transactions were classified as “current”.
        diklasifikasikan “lancar”.

        Pada tanggal-tanggal 31 Desember 2025 dan                               As of December 31, 2025 and 2024, all unused
        2024, seluruh transaksi fasilitas kredit yang                           loan facilities transactions were classified as
        belum ditarik diklasifikasikan “lancar” dan                             “current” and “special mention”.
        “dalam perhatian khusus”.


                                                               187
Page 790
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

       PT BANK RAYA INDONESIA Tbk                                          PT BANK RAYA INDONESIA Tbk
    CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                        As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                                  and for the Year Then Ended
        (Disajikan dalam ribuan Rupiah,                                   (Expressed in thousands of Rupiah,
            kecuali dinyatakan lain)                                           unless otherwise stated)


41. INFORMASI  TAMBAHAN    YANG    TIDAK                            41. ADDITIONAL INFORMATION THAT’S NOT
    DIPERSYARATKAN    OLEH      STANDAR                                 REQUIRED  BY   INDONESIAN    FINANCIAL
    AKUNTANSI  KEUANGAN   DI  INDONESIA                                 ACCOUNTING STANDARDS (continued)
    (lanjutan)

   Informasi tambahan berikut bukan merupakan                          The following additional information is not
   informasi yang dipersyaratkan oleh Standar                          information required by Indonesian Financial
   Akuntansi Keuangan di Indonesia (lanjutan):                         Accounting Standards (continued):

   h.   Manajemen Risiko Operasional                                   h.   Operational Risk Management

        Dalam rangka mencapai manajemen risiko                              In order to achieve risk management that
        yang mendukung pencapaian target kinerja dan                        supports the achievement of performance
        mampu      menjaga      kelangsungan      usaha,                    targets and is able to maintain business
        diperlukan strategi manajemen risiko yang                           continuity, a proactive risk management
        proaktif yang dapat meningkatkan efektivitas                        strategy is needed that can increase the
        penggunaan modal dan tingkat pengembangan                           effectiveness of the use of capital and the level
        modal (Return on Equity/ROE) sehingga dapat                         of capital development (Return on Equity/ROE)
        memberikan nilai tambah bagi pemegang                               so that it can provide added value to
        saham, mengantisipasi ketentuan baru yang                           shareholders, anticipate new policies that lead
        mengarah pada best practice, meningkatkan                           to best practices, increase the trust of
        kepercayaan        pemegang       saham       dan                   shareholders and other stakeholders as well as
        stakeholders lainnya serta meningkatkan bisnis                      increase the business at an optimal level. The
        pada tingkat optimal. Bank selaku lembaga jasa                      Bank as a financial services institution (LJK) has
        keuangan (LJK) telah menerapkan manajemen                           implemented risk management in accordance
        risiko sesuai ketentuan Otoritas Jasa Keuangan                      with    the   Financial    Services       Authority
        antara lain dengan menerapkan proses                                regulations, among others, by implementing a
        manajemen risiko yang telah dituangkan dalam                        risk management process as outlined in several
        beberapa kebijakan dan prosedur, antara lain                        policies and procedures, including the General
        Kebijakan Umum Manajemen Risiko (KUMR).                             Risk Management Policy (KUMR). KUMR acts
        KUMR berperan sebagai aturan tertinggi dalam                        as the highest rule in risk management
        implementasi manajemen risiko pada seluruh                          implementation in all business activities of the
        kegiatan bisnis Bank, yang meliputi kebijakan,                      Bank, which includes policies, strategies,
        strategi,    organisasi,    sistem     informasi                    organizations, risk management information
        manajemen       risiko,   pengawasan       risiko,                  systems, risk monitoring, management of new
        pengelolaan produk dan aktivitas baru dan                           products and activities and Business Continuity
        Business Continuity Plan (BCP).                                     Plan (BCP).

        Proses penerapan manajemen risiko meliputi                          The process of implementing risk management
        identifikasi,    pengukuran,         pemantauan,                    includes         identification,    measurement,
        pengelolaan dan pengendalian terhadap 8                             monitoring, management and control of 8 (eight)
        (delapan) risiko yaitu risiko kredit, risiko pasar,                 risks, namely credit risk, market risk, liquidity
        risiko likuiditas, risiko operasional, risiko                       risk, operational risk, compliance risk, strategic
        kepatuhan, risiko strategis, risiko hukum dan                       risk, legal risk and reputation risk.
        risiko reputasi.

        Profil risiko Bank menggambarkan risiko yang                        The assessment of the Bank's risk profile
        melekat dalam kegiatan bisnis Bank (inherent                        describes the risks inherent in the Bank's
        risk) termasuk kualitas penerapan Manajemen                         business activities (inherent risk) including the
        Risiko       yang     mencerminkan         sistem                   quality of Risk Management implementation that
        pengendalian risiko (risk control system) melalui                   reflects a risk control system through a self-
        proses self-assessment pada seluruh aktivitas                       assessment process for all Bank business
        bisnis Bank yang mencakup 8 (delapan) risiko.                       activities which includes 8 (eight) risks. The
        Penilaian Profil Risiko Bank telah dilakukan                        assessment of the Bank's Risk Profile has been
        sesuai        dengan      ketentuan       SEOJK                     carried out in accordance with the provisions of
        No. 14/SEOJK.03/2017        tentang     Penilaian                   SEOJK No. 14/SEOJK.03/2017 concerning
        Tingkat Kesehatan Bank Umum.                                        Assessment of the Soundness of Commercial
                                                                            Banks.




                                                              188
Page 791
                                                                   The original financial statements included herein are in the
                                                                                                         Indonesian language.

       PT BANK RAYA INDONESIA Tbk                                      PT BANK RAYA INDONESIA Tbk
    CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                              and for the Year Then Ended
        (Disajikan dalam ribuan Rupiah,                               (Expressed in thousands of Rupiah,
            kecuali dinyatakan lain)                                       unless otherwise stated)


41. INFORMASI  TAMBAHAN    YANG    TIDAK                        41. ADDITIONAL INFORMATION THAT’S NOT
    DIPERSYARATKAN    OLEH      STANDAR                             REQUIRED  BY   INDONESIAN    FINANCIAL
    AKUNTANSI  KEUANGAN   DI  INDONESIA                             ACCOUNTING STANDARDS (continued)
    (lanjutan)

   Informasi tambahan berikut bukan merupakan                      The following additional information is not
   informasi yang dipersyaratkan oleh Standar                      information required by Indonesian Financial
   Akuntansi Keuangan di Indonesia (lanjutan):                     Accounting Standards (continued):

   h.   Manajemen Risiko Operasional (lanjutan)                    h.   Operational Risk Management (continued)

        Dewan Komisaris melakukan evaluasi terhadap                     The Board of Commissioners evaluates the
        kebijakan dan implementasi manajemen risiko                     policies    and     implementation      of    risk
        yang dilakukan oleh Direksi. Evaluasi dilakukan                 management by the Board of Directors.
        dalam rangka memastikan bahwa Direksi                           Evaluation is carried out in order to ensure that
        mengelola aktivitas dan risiko-risiko Bank                      the Board of Directors manages the Bank's
        secara efektif. Dalam melakukan pengawasan                      activities and risks effectively. In carrying out
        aktif terhadap manajemen risiko Bank, Dewan                     active supervision of the Bank's risk
        Komisaris dibantu oleh Komite Pemantau                          management, the Board of Commissioners is
        Risiko.                                                         assisted by the Risk Monitoring Committee.

        Direksi menentukan arah kebijakan dan strategi                  The Board of Directors determines the direction
        manajemen risiko secara komprehensif beserta                    of policies and risk management strategies in a
        implementasinya.       Selain    itu,   Direksi                 comprehensive         manner        and      their
        bertanggungjawab untuk memastikan bahwa                         implementation. In addition, the Board of
        seluruh risiko yang material dan dampak yang                    Directors is responsible for ensuring that all
        ditimbulkan oleh risiko dimaksud telah                          material risks and impacts arising from these
        ditindaklanjuti, termasuk pelaksanaan langkah-                  risks have been followed up, including the
        langkah perbaikan atas permasalahan atau                        implementation of corrective measures for
        penyimpangan dalam kegiatan usaha Bank                          problems or irregularities in the Bank's business
        yang ditemukan oleh Satuan Kerja Audit Intern                   activities discovered by the Internal Audit Unit
        (SKAI).                                                         (SKAI).

        Direksi Bank dibantu oleh Komite Manajemen                      The Board of Directors of the Bank is assisted
        Risiko (Risk Management Committee/RMC)                          by the Risk Management Committee (RMC) as
        sebagai komite tertinggi dalam sistem                           the highest committee in the Bank's risk
        manajemen risiko Bank. Komite Manajemen                         management system. The Risk Management
        Risiko mempunyai tugas dan tanggung jawab                       Committee has the task and responsibility of
        memberikan rekomendasi kepada Direktur                          providing recommendations to the President
        Utama dalam merumuskan kebijakan, strategi                      Director     in    formulating      policies,   risk
        manajemen risiko termasuk penetapan limit                       management strategies including setting limits
        serta memperbaiki atau menyempurnakan                           and improving or enhancing the implementation
        pelaksanaan manajemen risiko yang dilakukan                     of risk management which is carried out
        secara berkala maupun insidental sebagai                        periodically or incidentally as a result of changes
        akibat dari perubahan kondisi eksternal dan                     in the Bank's external and internal conditions
        internal Bank yang akan mempengaruhi                            which will affect capital adequacy and risk
        kecukupan permodalan dan profil risiko.                         profile.

        Penerapan manajemen risiko melibatkan                           The implementation of risk management
        semua unsur dalam Bank, dimana Dewan                            involves all elements in the Bank, where the
        Komisaris dan Direksi mempunyai tugas                           Board of Commissioners and the Board of
        memastikan penerapan manajemen risiko telah                     Directors have the task of ensuring that the
        memadai     sesuai   dengan      karakteristik,                 implementation of risk management is adequate
        kompleksitas dan profil risiko Bank serta                       in accordance with the characteristics,
        memahami dengan baik jenis dan tingkat risiko                   complexity and risk profile of the Bank as well as
        yang melekat pada kegiatan bisnis bank.                         understanding well the types and levels of risk
                                                                        inherent in the bank's business activities.




                                                          189
Page 792
                                                                    The original financial statements included herein are in the
                                                                                                          Indonesian language.

       PT BANK RAYA INDONESIA Tbk                                       PT BANK RAYA INDONESIA Tbk
    CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
        (Disajikan dalam ribuan Rupiah,                                (Expressed in thousands of Rupiah,
            kecuali dinyatakan lain)                                        unless otherwise stated)


41. INFORMASI  TAMBAHAN    YANG    TIDAK                         41. ADDITIONAL INFORMATION THAT’S NOT
    DIPERSYARATKAN    OLEH      STANDAR                              REQUIRED  BY   INDONESIAN    FINANCIAL
    AKUNTANSI  KEUANGAN   DI  INDONESIA                              ACCOUNTING STANDARDS (continued)
    (lanjutan)

   Informasi tambahan berikut bukan merupakan                       The following additional information is not
   informasi yang dipersyaratkan oleh Standar                       information required by Indonesian Financial
   Akuntansi Keuangan di Indonesia (lanjutan):                      Accounting Standards (continued):

   h.   Manajemen Risiko Operasional (lanjutan)                     h.   Operational Risk Management (continued)

        Berdasarkan laporan terakhir self-assessment,                    Based on the latest self-assessment report, the
        peringkat   inherent     risk   Bank    posisi                   Bank's inherent risk rating for the position of
        31 Desember 2025 berada pada peringkat 2                         December 31, 2025 is in the 2nd rank (Low to
        (Low to Moderate) dengan peringkat kualitas                      Moderate) with the quality ranking of risk
        penerapan manajemen risiko berada pada                           management implementation at 2nd rank
        peringkat 2 (Satisfactory) sehingga peringkat                    (Satisfactory) so that the composite ranking of
        komposit Profil Risiko Bank adalah 2 (Low to                     the Bank's Risk Profile is 2 (Low to Moderate).
        Moderate).

        Hasil penilaian Profil Risiko Bank secara self-                  The results of the Bank’s self-assessment Risk
        assessment periode 31 Desember 2025 di                           Profile for the period December 31, 2025 were
        peringkat 2 (Low to Moderate) dengan tren                        ranked 2 (Low to Moderate) with an stable trend
        stabil dibandingkan periode 31 Desember 2024.                    compared to the December 31, 2024 period.
        Risiko yang menjadi highlight adalah risiko                      The risks that are highlighted are credit risk,
        kredit, risiko operasional dan risiko stratejik.                 operational risk and strategic risk.

        Aktivitas perkreditan meliputi mapping debitur                   Credit activities include mapping low quality
        kredit kualitas rendah berdasarkan analisa                       credit debtors based on prospect analysis and
        prospek dan kemampuan membayar yang                              ability to pay which will then be followed up for
        kemudian akan ditindak lanjuti untuk dilakukan                   credit repair and settlement, either in the form of
        perbaikan dan penyelesaian kredit, baik berupa                   restructuring or collateral auctions. Meanwhile,
        restrukturisasi ataupun melakukan lelang                         to enhance the Bank's performance through
        agunan. Sementara itu, untuk meningkatkan                        optimization of CASA growth and digital lending
        pencapaian kinerja Bank melalui optimalisasi                     with a design marketing programs to increase
        pertumbuhan CASA dan digital lending dengan                      brand awareness, expand the variety of digital
        merancang       program    pemasaran      untuk                  savings and digital lending products according
        meningkatkan brand awareness, menambah                           to customer needs, and upgrade features on
        variasi produk digital saving & digital lending                  digital product applications. Furthermore, to
        sesuai kebutuhan nasabah, serta melakukan                        support the achievement of the bank's
        upgrade fitur pada aplikasi produk digital.                      performance and operational excellence, it is
        Selanjutnya dalam mendukung pencapaian                           necessary to strengthen the aspect of
        kinerja bank dan operational excellence maka                     operational risk control, particularly in the
        diperlukan penguatan aspek pengendalian                          technological aspect, in order to reduce the
        risiko operasional terutama pada aspek                           potential loss of operational risk.
        teknologi sehingga dapat menurunkan potensi
        kerugian risiko operasional.

        Penerapan manajemen risiko operasional                           The implementation of operational risk
        dilakukan melalui penyusunan pedoman                             management is carried out through the
        prosedur operasional (BPO) bekerja untuk                         preparation of operational procedure guidelines
        memastikan kejelasan tahapan aktivitas                           (BPO) to ensure clarity of the stages of
        operasional dan bisnis dan meminimalkan                          operational and business activities and
        kejadian lalai ataupun fraud. Pengendalian                       minimize the incidence of negligence or fraud.
        risiko operasional juga dilakukan dengan                         Operational risk control is also carried out by
        menetapkan limit risiko operasional yang                         setting measurable operational risk limits to
        terukur untuk memastikan kegiatan perbankan                      ensure banking activities are carried out
        dilaksanakan secara penuh kehati-hatian                          prudently (prudently).
        (prudently).



                                                           190
Page 793
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

       PT BANK RAYA INDONESIA Tbk                                         PT BANK RAYA INDONESIA Tbk
    CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                                 and for the Year Then Ended
        (Disajikan dalam ribuan Rupiah,                                  (Expressed in thousands of Rupiah,
            kecuali dinyatakan lain)                                          unless otherwise stated)


41. INFORMASI  TAMBAHAN    YANG    TIDAK                           41. ADDITIONAL INFORMATION THAT’S NOT
    DIPERSYARATKAN    OLEH      STANDAR                                REQUIRED  BY   INDONESIAN    FINANCIAL
    AKUNTANSI  KEUANGAN   DI  INDONESIA                                ACCOUNTING STANDARDS (continued)
    (lanjutan)
   Informasi tambahan berikut bukan merupakan                         The following additional information is not
   informasi yang dipersyaratkan oleh Standar                         information required by Indonesian Financial
   Akuntansi Keuangan di Indonesia (lanjutan):                        Accounting Standards (continued):
   h.   Manajemen Risiko Operasional (lanjutan)                       h.   Operational Risk Management (continued)
        Pengukuran     kecukupan     modal  untuk                          Measurement of capital adequacy to cover
        mengcover risiko operasional menggunakan                           operational risk using the basic indicator method
        pendekatan metode indikator dasar.                                 approach.
        Untuk meningkatkan pemahaman manajemen                             To improve the overall understanding of risk
        risiko secara menyeluruh maka dilakukan                            management, periodic risk management
        pelatihan berkala manajemen risiko untuk                           training is conducted for Employees and
        Pekerja dan pelaksanaan kewajiban Sertifikasi                      implementation       of   Risk      Management
        Manajemen Risiko bagi Pejabat yang                                 Certification obligations for Officials who are
        diwajibkan bersertifikat.                                          required to be certified.
        Satuan Kerja Manajemen Risiko (SKMR)                               The Risk Management Work Unit (SKMR) as
        sebagai second line of defense bertanggung                         the second line of defense is responsible in
        jawab dalam melakukan penyusunan kebijakan                         formulating policies and methodologies,
        dan metodologi, melakukan pengukuran, kaji                         measuring, reviewing and monitoring risk
        ulang dan pemantauan manajemen risiko pada                         management at the company level. SKMR
        tingkat    perusahaan.       SKMR    melakukan                     monitors and assesses the risk profile of the
        pemantauan dan penilaian profil risiko Bank dan                    Bank and reviews the risk impact of new
        mengkaji dampak risiko suatu produk dan                            products   and    activities  and     provides
        aktivitas baru serta memberikan rekomendasi                        recommendations on risk mitigation proposals.
        atas usulan mitigasi risiko.
        Manajemen risiko adalah kegiatan yang                              Risk management is an activity that is the
        menjadi tanggung jawab setiap Pekerja Bank,                        responsibility of every Bank employee, both at
        baik pada tingkat first level, second level dan                    the first level, second level and third level of
        third level of defense. Setiap satuan kerja                        defense. Each operational work unit as a risk
        operasional    sebagai      pemegang        risiko                 holder is obliged to be active in the identification,
        berkewajiban untuk aktif dalam identifikasi,                       measurement, monitoring and control of risk
        pengukuran, pemantauan dan pengendalian                            both at the transaction level and in the entire
        risiko baik di tingkat transaksi maupun                            series of activities in the work unit.
        keseluruhan rangkaian aktivitas di unit kerjanya.
        Kebijakan Manajemen Risiko                                         Risk Management Policy
        Penyempurnaan kebijakan dan pedoman                                Risk management policy and guidance
        penerapan manajemen risiko untuk segmen                            improvement for business segments are
        bisnis dilaksanakan secara berkelanjutan untuk                     reviewed continuously to accommodate
        mengakomodasi perubahan eksposur risiko                            changes in risk exposure due to external and
        karena kondisi eksternal dan internal serta                        internal condition and regulation change.
        perubahan regulasi.
        Identifikasi risiko Nasabah dilakukan dengan                       Customer’s risk identification process is
        menentukan karakteristik risiko yang melekat                       conducted by determining inherent risk
        untuk setiap Nasabah dengan parameter risiko                       characteristic of the Customer with parameters
        seperti identitas Nasabah, lokasi usaha, profil                    such as customer personal identity, business
        Nasabah, kegiatan usaha, struktur kepemilikan                      location, customer profile, business type,
        bagi Nasabah perusahaan, jumlah dan                                ownership structure for corporate Customers,
        frekuensi transaksi, dan informasi lainnya yang                    amount and frequency of transaction, and other
        dapat digunakan untuk mengukur tingkat risiko                      information which can be used to measure the
        Nasabah. Hasil identifikasi dan pengukuran                         Customer risk level. It will result a Customer risk
        tersebut akan menghasilkan profil risiko                           profile which should be follow up by monitoring
        Nasabah yang wajib dilakukan tindak lanjut                         and controlling againts each risk profile.
        pemantauan dan pengendalian terhadap
        masing-masing profil risiko tersebut.
                                                             191
Page 794
                                                                   The original financial statements included herein are in the
                                                                                                         Indonesian language.

       PT BANK RAYA INDONESIA Tbk                                          PT BANK RAYA INDONESIA Tbk
    CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                        As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                                  and for the Year Then Ended
        (Disajikan dalam ribuan Rupiah,                                   (Expressed in thousands of Rupiah,
            kecuali dinyatakan lain)                                           unless otherwise stated)


41. INFORMASI  TAMBAHAN    YANG    TIDAK                        41. ADDITIONAL INFORMATION THAT’S NOT
    DIPERSYARATKAN    OLEH      STANDAR                             REQUIRED  BY   INDONESIAN    FINANCIAL
    AKUNTANSI  KEUANGAN   DI  INDONESIA                             ACCOUNTING STANDARDS (continued)
    (lanjutan)

   Informasi tambahan berikut bukan merupakan                      The following additional information is not
   informasi yang dipersyaratkan oleh Standar                      information required by Indonesian Financial
   Akuntansi Keuangan di Indonesia (lanjutan):                     Accounting Standards (continued):

   i.   Rasio  Kewajiban        Penyediaan      Modal              i.     Capital Adequacy Ratio (CAR)
        Minimum (KPMM)

        KPMM pada tanggal 31 Desember 2025 dan                            CAR as of December, 31, 2025 and 2024
        2024 masing-masing sebesar 40,25% dan                             amounted to 40.25% and 44.29%, respectively,
        44,29%, dihitung berdasarkan Peraturan                            was calculated based on Financial Service
        Otoritas  Jasa      Keuangan (POJK)       No.                     Authority Regulation (POJK) No. 27/POJK/2022
        27/POJK/2022 tentang Perubahan Kedua atas                         concerning Second Amendment to POJK No.
        POJK No. 11/POJK.03/2016 tentang Kewajiban                        11/POJK.03/2016       on   Minimum    Capital
        Penyediaan Modal Minimum Bank Umum                                Requirement for Commercial Banks where
        dimana modal untuk risiko kredit, pasar, dan                      capital for credit risk, market risk, and
        operasional terdiri dari modal inti (modal inti                   operational risk consists of core capital
        utama/Common Equity Tier 1 dan modal inti                         (Common Equity Tier 1 and additional Tier 1)
        tambahan) dan modal pelengkap.                                    and supplementary capital.

        Pada tanggal 31 Desember 2025 dan 2024,                           On December 31, 2025 and 2024, the Bank has
        Bank telah membentuk Countercyclical Buffer                       formed a Countercyclical Buffer in the amount of
        masing-masing sebesar 0% dari kisaran yang                        0% of the determined range from 0% to 2.5% of
        ditetapkan sebesar 0% sampai dengan 2,5%                          the Risk Weighted Assets (RWA), respectively.
        dari Aset Tertimbang Menurut Risiko (ATMR).                       Meanwhile, for the Capital Conservation Buffer
        Sedangkan, untuk Capital Conservation Buffer                      and Capital Surcharge, the Bank are not
        dan Capital Surcharge, Bank tidak diwajibkan                      required to make any provision based on POJK
        untuk melakukan pembentukan sesuai POJK                           No. 27 Year 2022 regarding second
        No 27 Tahun 2022 tentang Perubahan Kedua                          amandement of POJK No. 11/POJK.093/2016
        atas POJK No. 11/POJK.093/2016 tentang                            regarding Minimum Provision Obligation for
        Kewajiban Penyediaan Minimum Bank Umum.                           Commercial Banks.

        KPMM minimum tanggal 31 Desember 2025                             Minimum CAR as of December 31, 2025
        sebesar 9,80% sedangkan 31 Desember 2024                          amounted to 9,80% meanwhile December 31,
        sebesar 9,90% sesuai internal capital adequacy                    2024 amounted to 9,90% based on internal
        assessment process (ICAAP).                                       capital adequacy assessment process (ICAAP).

        Penentuan kepatuhan Bank terhadap peraturan                       The determination of Bank’s compliance with
        dan rasio yang berlaku didasarkan pada                            regulatory and ratios requirements is based on
        peraturan praktik akuntansi yang berbeda                          the regulatory accounting practices which differ
        dalam beberapa hal dengan Standar Akuntansi                       from    Indonesian      Financial   Accounting
        Keuangan di Indonesia.                                            Standards in some aspects.

        Pada tanggal-tanggal 31 Desember 2025 dan                         As of December 31, 2025 dan 2024, the Bank
        2024, Bank telah memenuhi rasio sesuai yang                       has complied with the OJK’s requirements
        disyaratkan OJK untuk rasio kecukupan modal.                      regarding the capital adequacy ratio.




                                                          192
Page 795
                                                                                   The original financial statements included herein are in the
                                                                                                                         Indonesian language.

       PT BANK RAYA INDONESIA Tbk                                                            PT BANK RAYA INDONESIA Tbk
    CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                                          As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                                                    and for the Year Then Ended
        (Disajikan dalam ribuan Rupiah,                                                     (Expressed in thousands of Rupiah,
            kecuali dinyatakan lain)                                                             unless otherwise stated)


41. INFORMASI  TAMBAHAN    YANG    TIDAK                                        41. ADDITIONAL INFORMATION THAT’S NOT
    DIPERSYARATKAN    OLEH      STANDAR                                             REQUIRED  BY   INDONESIAN    FINANCIAL
    AKUNTANSI  KEUANGAN   DI  INDONESIA                                             ACCOUNTING STANDARDS (continued)
    (lanjutan)

   Informasi tambahan berikut bukan merupakan                                      The following additional information is not
   informasi yang dipersyaratkan oleh Standar                                      information required by Indonesian Financial
   Akuntansi Keuangan di Indonesia (lanjutan):                                     Accounting Standards (continued):

   i.    Rasio  Kewajiban    Penyediaan                       Modal                i.       Capital Adequacy Ratio (CAR) (continued)
         Minimum (KPMM) (lanjutan)


         Perhitungan KPMM Bank pada tanggal-tanggal                                         The computation of the Bank’s CAR as of
         31 Desember 2025 dan 2024 adalah sebagai                                           December 31, 2025 and 2024, are as follows:
         berikut:

                                                       31 Desember/           31 Desember/
                                                     December 31, 2025      December 31, 2024

         Modal                                                                                                                              Capital
          Modal Inti (Tier 1)                                                                                               Core Capital (Tier 1)
            Modal Inti Utama (CET-1)                     2.918.683.218          3.212.878.639                          Common Equity (CET 1)
            Modal Inti Tambahan (AT-1)                               -                      -                            Additional Tier (AT-1)

           Total Modal Inti (Tier 1)                     2.918.683.218          3.212.878.639                        Total Core Capital (Tier 1)
           Modal Pelengkap (Tier 2)                         70.400.828             61.153.310                     Supplementary Capital (Tier 2)
         Total Modal                                     2.989.084.046          3.274.031.949                                            Total Capital


         Perhitungan KPMM Bank pada tanggal-tanggal                                         The computation of the Bank’s CAR as of
         31 Desember 2025 dan 2024 adalah sebagai                                           December 31, 2025 and 2024, are as follows:
         berikut:

                                                       31 Desember/           31 Desember/
                                                     December 31, 2025      December 31, 2024

         Aset Tertimbang Menurut
           Risiko (ATMR)                                                                                             Risk Weighted Assets (RWA)
           ATMR untuk Risiko Kredit
             setelah memperhitungkan                                                                                    RWA for Credit Risk after
             Risiko Spesifik*)                           6.088.432.838          6.233.990.297                        considering Specific Risk*)
           ATMR untuk Risiko Pasar**)                      103.969.493             82.370.453                              RWA for Market Risk**)
           ATMR untuk Risiko Operasional***)             1.234.858.489          1.076.527.620                         RWA for Operational Risk***)

         Total ATMR                                      7.427.260.820          7.392.888.370                                              Total RWA

         Rasio CAR                                                                                                                        CAR Ratio
           Rasio CET 1                                           39,30%                   43,46%                                       CET 1 Ratio
           Rasio Tier 1                                          39,30%                   43,46%                                       Tier 1 Ratio
           Rasio Tier 2                                           0,95%                    0,83%                                       Tier 2 Ratio
           Rasio Total                                           40,25%                   44,29%                                         Total Ratio

           Rasio Minimum CET 1                                     8,85%                   9,07%                            CET 1 Minimum Ratio
           Rasio Minimum Tier 1                                    0,95%                   0,83%                            Tier 1 Minimum Ratio

           CAR Minimum Berdasarkan                                                                                       Minimum CAR Based on
             Profil Risiko                                         9,80%                   9,90%                                  Risk Profile
  *)                                                                               *)
         Risiko kredit dihitung berdasarkan SE OJK No. 24/SEOJK.03/2021                     Credit risk is calculated based on OJK’s Circular Letter
         tanggal 7 Oktober 2021.                                                            No. 42/SEOJK.03/2021 dated October 7, 2021.
  **)                                                                              **)
         Risiko pasar dihitung berdasarkan SE OJK No. 23/SEOJK.03/2022                      Market risk is calculated based on OJK’s Circular Letter
         tanggal 7 Desember 2022.                                                           No. 23/SEOJK.03/2022 dated December 7, 2022
  ***)                                                                             ***)
         Risiko     operasional     dihitung   berdasarkan  SE      OJK                     Operational risk is calculated based on OJK’s Circular Letter
         No. 3/SEOJK.03/2020 tanggal 29 April 2020.                                         No. 3/SEOJK.03/2020 dated April 29, 2020




                                                                          193
Page 796
                                                                                                  The original financial statements included herein are in the
                                                                                                                                        Indonesian language.

       PT BANK RAYA INDONESIA Tbk                                                                         PT BANK RAYA INDONESIA Tbk
    CATATAN ATAS LAPORAN KEUANGAN                                                                      NOTES TO THE FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                                                       As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                                                                 and for the Year Then Ended
        (Disajikan dalam ribuan Rupiah,                                                                  (Expressed in thousands of Rupiah,
            kecuali dinyatakan lain)                                                                          unless otherwise stated)


41. INFORMASI  TAMBAHAN    YANG    TIDAK                                                 41. ADDITIONAL INFORMATION THAT’S NOT
    DIPERSYARATKAN    OLEH      STANDAR                                                      REQUIRED  BY   INDONESIAN    FINANCIAL
    AKUNTANSI  KEUANGAN   DI  INDONESIA                                                      ACCOUNTING STANDARDS (continued)
    (lanjutan)

   j.   Rasio Posisi Devisa Neto                                                                  j.     Net Open Position Ratio

        Risiko nilai tukar yang ada pada Bank tercermin                                                  Exchange rate risk in the Bank is reflected in the
        dalam Posisi Devisa Neto (PDN) karena adanya                                                     Net Open Position (NOP) due to the gap in
        gap posisi valuta asing yang dimiliki Bank.                                                      foreign currency positions held by the Bank.
        Pemantauan terhadap risiko nilai tukar                                                           Monitoring of exchange rate risk is performed
        dilakukan secara harian yang berpengaruh                                                         daily, which affects the Bank's income. The
        terhadap pendapatan Bank. Lingkup valuta                                                         scope of foreign currencies includes banking
        asing tersebut yaitu posisi banking book dalam                                                   book positions for managing the NOP.
        rangka pengendalian PDN.

        Menurut Peraturan Bank Indonesia (PBI)                                                           According to the regulation of Bank Indonesia
        No. 17/5/PBI/2015 tanggal 29 Mei 2015                                                            (PBI) No. 17/5/PBI/2015 dated May 29, 2015 on
        perubahan       keempat       atas       PBI                                                     fourth amendment of Bank Indonesia
        No. 5/13/PBI/2003 tentang Posisi Devisa Neto                                                     Regulation No. 5/13/PBI/2003 on Net Open
        Bank Umum tanggal 17 Juli 2003, PDN                                                              Position of Commercial Bank dated July 17,
        ditetapkan maksimum sebesar 20% dari modal,                                                      2003, NOP is set to a maximum of 20% of the
        sedangkan Bank secara internal menetapkan                                                        capital, while Bank internally sets the limit of net
        limit posisi devisa neto per valuta asing                                                        open position for foreign exchange at maximum
        maksimum sebesar 15% dari modal.                                                                 of 15% of the capital.

        PDN Bank pada tanggal-tanggal 31 Desember                                                        The NOP of the Bank as of December 31, 2025
        2025 dan 2024 sebagai berikut:                                                                   and 2024 are as follows:
                                                                        31 Desember/December 31, 2025

                                                            Aset/                   Liabilitas/               Posisi devisa neto/
                     Mata uang                             Assets                   Liabilities               Net open position                       Currencies

        Laporan Posisi Keuangan dan                                                                                                     Statement of Financial Position
          Rekening Administratif*)                                                                                                      and Administrative Accounts*)
        Dólar Amerika Serikat                                  9.445.157                 8.481.244                         963.913                  United States Dollar

        Modal (Catatan 41i)                                                                                        2.989.084.046                            Capital (Note 41i)

        Rasio PDN (keseluruhan)                                                                                              0,03%                       NOP ratio (overall)

                                                                        31 Desember/December 31, 2024

                                                            Aset/                   Liabilitas/               Posisi devisa neto/
                     Mata uang                             Assets                   Liabilities               Net open position                       Currencies

        Laporan Posisi Keuangan dan                                                                                                     Statement of Financial Position
          Rekening Administratif*)                                                                                                      and Administrative Accounts*)
        Dólar Amerika Serikat                                 11.627.025                12.247.033                         (620.008)                United States Dollar

        Modal (Catatan 41i)                                                                                        3.274.031.949                            Capital (Note 41i)

        Rasio PDN (keseluruhan)                                                                                              0,02%                       NOP ratio (overall)
        *)                                                                                               *)
              Merupakan penjumlahan absolut dari selisih aset dan liabilitas.                                  Total absolute differences between assets and liabilities.


42. TAMBAHAN INFORMASI ARUS KAS AKTIVITAS                                                42. ADDITIONAL CASH FLOWS INFORMATION
    PENDANAAN

                                                                           Arus kas/Cash flows
                                                                                                          Perubahan
                                 31 Desember/            Penerimaan/            Pembayaran/                non-kas/            31 Desember/
                               December 31, 2024          Reception               Payment              Non-cash changes      December 31, 2025

   Efek-efek yang dijual                                                                                                                                 Securities sold under
      dengan janji dibeli                                                                                                                                    agreement to
      kembali                        290.682.750          4.450.709.227         (4.748.437.720)                7.045.743                      -                repurchase
   Liabilitas sewa                    39.870.120                      -            (14.797.643)                2.319.817             27.392.294               Lease liabilities
   Pinjaman yang diterima             13.622.042                                    (1.065.483)                        -             12.556.559             Fund borrowings
                                     344.174.912          4.450.709.227         (4.764.300.846)                9.365.560             39.948.853


                                                                                194
Page 797
                                                                                  The original financial statements included herein are in the
                                                                                                                        Indonesian language.

       PT BANK RAYA INDONESIA Tbk                                                        PT BANK RAYA INDONESIA Tbk
    CATATAN ATAS LAPORAN KEUANGAN                                                     NOTES TO THE FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                                      As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                                                and for the Year Then Ended
        (Disajikan dalam ribuan Rupiah,                                                 (Expressed in thousands of Rupiah,
            kecuali dinyatakan lain)                                                         unless otherwise stated)


42. TAMBAHAN INFORMASI ARUS KAS AKTIVITAS                                    42. ADDITIONAL                CASH     FLOWS      INFORMATION
    PENDANAAN (lanjutan)                                                         (continued)

                                                                 Arus kas/Cash flows
                                                                                          Perubahan
                              31 Desember/      Penerimaan/         Pembayaran/            non-kas/          31 Desember/
                            December 31, 2023    Reception            Payment          Non-cash changes    December 31, 2024

   Efek-efek yang dijual                                                                                                       Securities sold under
      dengan janji dibeli                                                                                                          agreement to
      kembali                              -    15.216.079.158     (14.939.904.697)          14.508.289         290.682.750          repurchase
   Liabilitas sewa                76.141.199                 -         (29.236.385)          (7.034.694)         39.870.120         Lease liabilities
   Pinjaman yang diterima         14.635.666                 -          (1.013.624)                   -          13.622.042       Fund borrowings
                                  90.776.865    15.216.079.158     (14.970.154.706)           7.473.595         344.174.912



43. PENYELESAIAN LAPORAN KEUANGAN                                            43. COMPLETION                   OF         THE       FINANCIAL
                                                                                 STATEMENTS

   Manajemen Bank bertanggung jawab atas                                          The management of the Bank is responsible for the
   penyusunan laporan keuangan yang diselesaikan                                  preparation of these financial statements which were
   dan disetujui untuk diterbitkan pada tanggal                                   completed and authorized for issue on March 16,
   16 Maret 2026.                                                                 2026.




                                                                     195
Page 798
2025
Laporan Tahunan dan Laporan Keberlanjutan
Annual Report and Sustainability Report




  group



Kantor Pusat
Menara BRILiaN Lt. 20
Jl. Gatot Subroto No. 177A
Jakarta Selatan - 12870
Telp. (021) 5093 1300
Email. humas@bankraya.co.id

www.bankraya.co.id

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Names mentioned 125 people and organisations named in the text · linked when the evidence is strong

linked org Bank Raya Indonesia Tbk p.2 ×194
linked org HM Sampoerna Tbk p.16 ×11
linked org Jakarta Selatan DKI Jakarta p.26 ×3
linked org Purinusa Ekapersada p.45
linked org PT APP Purinusa p.45
linked org Dana Pensiun p.45
linked person Muhamad Sidik Heruwibowo · Komisaris Utama p.56 ×10
linked person Retno Wahyuni Wijayanti · Komisaris Independen p.63 ×8
linked person Johanes Kuntjoro Adisardjono · Komisaris Independen p.63 ×8
linked person Nyimas Dewi Ratih Kamil · Komisaris p.63 ×8
linked person Ida Bagus Ketut Subagia · Direktur Utama p.66 ×16
linked person Rustarti Suri Pertiwi · Direktur Keuangan p.77 ×9
linked person Danar Widyantoro p.77 ×8
linked person Kicky Andrie Davetra · Direktur Bisnis p.77 ×9
linked person Lukman Hakim p.77 ×8
linked person Muhammad Antariksa p.107
possible org Bank Raya Indonesia Indonesia Tbk. p.4 ×2
possible org Otoritas Jasa Keuangan p.4 ×5
possible org Bank Rakyat Indonesia (Persero) Tbk p.6 ×33
possible org PT Pegadaian p.14 ×2
possible org PT APP Purinusa Ekapersada p.15 ×6
possible org Bursa Efek Indonesia p.41 ×3
possible org Negara Republik Indonesia p.84
unresolved org Bank Raya’s p.3 ×63
unresolved org Financial Services Authority p.4 ×5
unresolved org Ministry of Cooperatives and SMEs p.5 ×2
unresolved org Kementerian Koperasi dan UKM p.5 ×2
unresolved org Bank Raya Payroll Exploration p.7 ×2
unresolved org Bank Raya's HR p.8 ×2
unresolved org Bank Raya. BBRI Networks p.12
unresolved org Bank Small p.12
unresolved org Bank Raya’s QRIS Acquirer p.14
unresolved org Bank Raya. Bank Raya Journey p.14
unresolved org Bank Raya BRI. Sinergi p.14
unresolved org PT Mid Solusi Nusantara p.15 ×4
unresolved org PT SRC Indonesia Sembilan p.16 ×3
unresolved org PT SRC Indonesia p.16
unresolved org Bank Raya Pinang p.16
unresolved org Bank KBMI p.17 ×10
unresolved org Bank Raya's CAR p.17
unresolved org Bank Raya Semarang p.18 ×2
unresolved org Bank Digital Inovatif Special Recognition p.23
unresolved org BSI Assurance UK Limited p.26 ×2
unresolved person Projection · Komisaris p.30
unresolved person Organ Pendukung · Komisaris p.30
unresolved org Risk Management Committee · Komisaris p.30
unresolved person Keberagaman Komposisi · Komisaris p.30
unresolved org Bank Indonesia p.34 ×10
unresolved org Bank Indonesia Giro p.34
unresolved org Pengawas Pasar p.41
unresolved org Bapepam-LK p.41 ×6
unresolved org Bapepam p.41 ×2
unresolved org Bank No. JKT- p.41
unresolved org Bank Raya’s EGMS p.44
unresolved org Bank Raya Jalin Kerjasama Value Chain Berbasis Digital p.45
unresolved org Bank Raya Collaborated p.45 ×2
unresolved org PT APP Talenta p.45
unresolved org Bank Aplikasi Rayalication p.45
unresolved org Dana Pensiun Lembaga Keuangan p.45
unresolved org Bank Raya Bersama Berbagi Bahagia BRI Group Salurkan p.46
unresolved org Bank Raya’s Raya p.46
unresolved org Bank Raya Serahkan TJSL Cluster Unggulan Jatiraras p.47
unresolved org Bank Raya Handed Over CSR Assistance p.47
unresolved org Bank Raya’s Board p.47 ×8
unresolved org Bank Raya Hadirkan p.48 ×2
unresolved org Bank Raya Ajak Ribuan Anak Muda Menggerakkan Kemajuan p.48
unresolved org Bank Raya Invites Thousands p.48
unresolved org Bank Raya Handed p.49 ×2
unresolved org Bank Raya’s Total Assets p.49
unresolved org Bank Raya Tebar Produktif p.50
unresolved org Bank Raya Offers Various Promos p.50
unresolved org PT Kliring Penjaminan Efek Indonesia p.50 ×3
unresolved org PT Kustodian Sentral Efek Indonesia p.50
unresolved org PT Kustodian Sentral p.50
unresolved org Bank Raya Hadirkan Inspiraya Bersama Ratusan Pelaku p.51
unresolved org Bank Raya Presents Inspiraya p.51
unresolved org Bank Raya Raih Most Trusted p.52
unresolved org Bank Raya Menggarap Komunitas Lari p.52
unresolved org Bank Raya Named Most Trusted p.52
unresolved org Bank Raya Engages p.52
unresolved org Bank Raya Serahkan TJSL Cluster Unggulan Sidodadi Multifinance p.52
unresolved org Bank Raya Delivered CSR p.52
unresolved org Bank Raya. Muhamad Sidik Heruwibowo p.56
unresolved org Bank Loan Expansion Impacted p.57
unresolved org Bank Raya's Articles p.58 ×2
unresolved org Bank Organ p.60
unresolved org Bank Umum. Di p.60
unresolved person Moreover · Komisaris p.62
unresolved org Bank Raya. Penutup Closing p.63
unresolved org Kementerian Investasi p.68
unresolved org Koordinasi Penanaman p.68
unresolved — Radirkom · Komisaris p.70
unresolved org Bank Raya's Digital p.71
unresolved org Bank Raya's Business Plan p.72
unresolved org Bank Raya SA-GCG p.73
unresolved — BRI · Pemegang Saham Pengendali p.77
unresolved person Akta Notaris Raden Soekarsono p.84 ×2
unresolved org Menteri Kehakiman Republik Indonesia p.84
unresolved org Minister of Justice p.84
unresolved org Menteri Keuangan p.84
unresolved org Bank Devisa p.84
unresolved org Bank Business License p.84
unresolved org Minister of Finance p.84
unresolved person Ajeng Putri Hapsari · Sekretaris Perusahaan p.84
unresolved org Bank Raya YouTube Bank Raya X BankRaya LinkedIn p.84
unresolved org Bank Providing Digital Financial Solutions With The Widest p.91
unresolved org Bank Raya's BRILiaN Way p.92 ×2
unresolved org Bank Raya’s BRILiaN BRILiaN Way Bank Raya p.92
unresolved person SEVP · Direktur Utama p.107
unresolved person Division · President Director p.107 ×2
unresolved org PT Bahana Arta Ventura p.109 ×2
unresolved org PT Bahana Bukit Pelangi p.110 ×2
unresolved person Rangkap · Direktur p.110
unresolved org PT Bahana Artha Ventura p.111 ×2
unresolved org Kementerian Komunikasi & Informatika p.112 ×2
unresolved org PT Svarna Global Nusantara p.112 ×2
unresolved org PT Rajawali Artha Kayana p.112 ×2
unresolved org PT Energi Nusa Asia p.112 ×2
unresolved org PT Multi Buana Corporindo p.112 ×2
unresolved org PT Nusantara Telematics Systems p.112 ×2
unresolved org Ministry of Communication & Informatics p.112 ×2
unresolved org Bank Raya. In p.113
unresolved org Young Global Limited p.602

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