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Page 1
Public Expose BBYB 2025




PT Bank Neo Commerce Tbk
31 March 2026
Page 2
Disclaimer
This following presentation has been prepared by PT Bank Neo Commerce, Tbk. (the “Company” or “BNC” ) solely for selected recipients
for information purposes only and does not constitute a recommendation regarding any securities of the Company. Information contained
in this document is being made available and intended solely for the personal reference and information of a Recipient. Neither this
document nor any part thereof may be retained by the Recipient nor may any portion thereof by shared, copied, reproduced or
redistributed to any other person in any manner.

The information and opinions in this document are of a preliminary nature, subject to change without notice, and may not contain all
material information concerning the Company. Neither the Company nor any of its affiliates (together with the Company, the “Group”),
advisors and representatives make any representation, express or implied, regarding, and assumes any responsibility or liability whatsoever
(in negligence or otherwise) for, the accuracy or completeness of, or any errors or omissions in, any information contained herein nor for
any loss howsoever arising from any use of these materials.

The information contained in this document should be considered in the context of the circumstances prevailing at the time and is subject
to change without notice and will not be updated to reflect material developments that may occur after the date hereof. The statements
contained in this document speak only as at the date as of which they are made, and the Company expressly disclaims any obligation or
undertaking to supplement, amend or disseminate any updates or revisions to any statements contained herein to reflect any change in
events, conditions or circumstances on which any such statements are based.

Certain statements in these materials constitute “forward-looking statements” and information with respect to the future financial
condition, results of operations and certain plans and objects of management of the Company. Forward-looking statements may include
words or phrases such as the Company or any of its business components, or its management “believes”, “expects”, “anticipates”,
“intends”, “plans”, “foresees”, or other words or phrases of similar import. Similarly, statements that describe the Company's objectives,
plans or goals both for itself and for any of its business components also are forward-looking statements. No representation is being
made that such forward-looking statements and information will actually be achieved. The Recipient should carefully consider such
forward-looking statements and information (as well as the information in this presentation generally) and should not place undue
reliance on these forward-looking statements.
Page 3
Agenda


 About Bank Neo Commerce

 Financial Performance
Page 4
Agenda


 About Bank Neo Commerce

 Financial Performance
Page 5
Vision & Mission

      Vision

 To become a bank that introduces a more practical, faster, and safer way of managing finances, aligned with
 the needs and lifestyles of a progressive modern generation. Bank Neo Commerce aims to strengthen
 financial literacy and collaboration to build an inclusive, empowered, and sustainable financial future through
 technology-enabled banking services.


      Mission

 1.   To provide banking services with digital capabilities that are accessible to communities across Indonesia.
 2. To enhance public understanding of financial literacy, investment, and personal financial management
    through interactive digital platforms.
 3. To deliver banking services supported by AI and big data that are efficient, secure, and tailored to
    customer needs.
 4. To support inclusive economic growth by expanding access to capital, microfinance, business financing,
    and a digital transaction ecosystem.
 5. To develop banking services aligned with ESG principles and collaborate with stakeholders to promote
    long-term sustainability.
                                                                                                                   5
Page 6
BNC’s Journey:
From a Legacy Bank to a Profitable Digital Bank
                                                                                                                            • [2022] Completed 6th
                                                                                                                             rights issue of IDR 1.7 tn
                                                                                                                             (USD 113 mio).
                                                                           •   [2020] Renamed to                            • [2022] neobank
                                •   [2015] PT Bank                             PT Bank Neo                                   reached 20.9 mio users.
                                    Yudha Bhakti                               Commerce, Tbk.
                                    went public                                                                             • [2022-2023] Introduced
                                                                               (BNC).
                                    and received                                                                             new features: Neo Loan,
                                    the ticker code                        •   [2020] Upgraded                               Neo Gold, CCW, mutual
                                    BBYB.                                      into a BUKU 2 bank.                           funds, and more.




    1989 - 1998                      2015                 2019                    2020                     2021                   22-23                         24-25
•   [1989] PT Bank Yudha                              •   [2019] PT                                  •    [2021] Launched                                 •    [2024] Achieved
    Bhakti (BYB) was                                      Akulaku Silvrr                                 neo+ mobile                                          profitability for the first
    established by the                                    Indonesia                                      banking app,                                         time, with net profit of
    Indonesian National Armed                             entered and                                    rebranded as                                         IDR 19 bn.
    Forces cooperatives as a                              became one of                                  neobank.                                         •    [2025] Continued on
    pension bank.                                         the main                                                                                            profitability path,
                                                          shareholders.                              •    [2021] Launched
•   [1998] PT Gozco Capital                                                                              direct lending and                                   reaching net profit of
                                                                                                         completed a                                          IDR 566 bn.
    became the controlling
    shareholder.                                                                                         rights issue of IDR
                                                                                                         2.5 tn (USD 167
                                                                                                         mio).
                                                                                                     •    [2021] neobank
                                                                                                         reached 13.3 mio
                                                                                                         users.

                                                                                                                                                                                            6
Page 7
Management of BNC




              Inkawan D. Jusi              Kreisna D. Gozali     Pramoda Dei Sudarmo
     Independent President Commissioner     Commissioner       Independent Commissioner




                Eri Budiono               Aditya W. Windarwo        Ricko Irwanto
             President Director            Business Director      Compliance Director
                                                                                          7
Page 8
Agenda


 About Bank Neo Commerce

 Financial Performance
Page 9
Strong performance in 2025 | Path to sustainable profitability

                                                                                                                 What we have done
 Revenue                                Loan Provision                        PBT
                                                                              (In IDR’bn)
                                                                                                                 well…
 (In IDR’bn)                            (in IDR’bn)

                                                                                                                 1. Improved risk
                                                                                                          564
                                                                                                                    management
                3.539

                        3.312
                                                      2.665                                                      2. Addressing internal
                                2.765
                                                                                                                    governance
                                                                                                    19
                                                              2.238

                                                                                                                 3. Path to profitability
        2.161




                                                                      1.294

                                                                                            -574
                                               963

                                                                                     -786


 445                                                                          -990

                                        149
                                                                              2021   2022   2023   2024   2025

 2021   2022    2023    2024    2025    2021   2022   2023    2024    2025




                                                                                                                                            9
Page 10
Profitability Metrics | Building on a track record of stable performance

           Maintain NIM above industry average                    Ample liquidity with LDR below 70% in the
                                                                                past two years

                          18,4%                                                     77,7%
                                       17,3%                           70,9%
                                                                                                 67,5%
             13,8%                               14,4%
                                                         52,6%                                                51,2%



   5,2%




   2021       2022        2023         2024      2025     2021          2022        2023         2024         2025


           Robust CAR supported by growth in                              Improved ROE since 2024
                  profitability in 2025
   55,5%
                                                                                                              15,1%
                                                 49,1%                                           0,6%

              36,8%                    35,3%
                          27,9%                                                     -17,6%
                                                                       -32,7%




                                                         -84,6%

   2021       2022         2023        2024      2025     2021          2022        2023         2024         2025    10
Page 11
Financials: Balance Sheet and Profit & Loss

Balance Sheet (In IDR 'tn)                                   2021      2022      2023      2024      2025
Cash & Short Term Money Market                                2.4       4.6       2.4       1.5       3.1
Marketable Securities                                         3.4       3.5       4.0       6.6       8.2
Loans                                                         4.3      10.2      10.8       8.8       7.2
Total Assets                                                 11.3      19.7      18.2      17.4      19.0

CASA                                                           1.6      4.1       4.0       3.6       4.2
Time Deposits                                                  6.5     10.3       9.9       9.6       9.9
Total Third Party Funds                                        8.1     14.5      13.9      13.2      14.1
Total Liabilities                                              8.4     15.9      14.8      13.9      14.7

Total Equity                                                   2.9       3.7       3.3       3.6       4.2

Profit & Loss (In IDR 'bn)                                    2021      2022      2023      2024      2025
Net Interest Income                                            316     1,526     2,774     2,741     2,353
Fee based Income & Other Income                                129       635       765       571       412
Total Income                                                   445     2,161     3,539     3,312     2,765
Operating Expense                                           (1,256)   (1,874)   (1,351)     (970)     (866)
Operating Profit before Provision                             (811)      287     2,188     2,342     1,899
Provision Expenses                                            (179)   (1,073)   (2,762)   (2,323)   (1,335)
Profit before Tax                                             (990)     (786)     (574)       19       564
Net Profit after Tax                                          (986)     (789)     (573)       20       566 11
Note: Total Third Party Funds Includes Interbank Deposits
Page 12
Financials: Key Ratios

Key Ratios (YTD)          2021     2022     2023     2024     2025
NIM                        5.2%    13.8%    18.4%    17.3%    14.4%
BOPO                     224.0%   127.3%   112.3%    99.3%    84.2%
CIR                      254.7%    86.6%    41.5%    31.5%    31.3%
NPL Ratio                  1.8%     2.6%     3.7%     3.3%     3.6%
NPL Coverage Ratio       151.4%    80.3%   155.4%   218.1%   200.3%
LAR                       12.7%    17.1%    15.9%    12.8%    13.1%
LAR Coverage Ratio        21.0%    12.0%    36.4%    56.4%    54.7%
CoC                        4.2%    13.4%    25.1%    23.9%    16.1%
ROA                      -13.7%    -5.2%    -3.0%     0.1%     3.1%
ROE                      -84.6%   -32.7%   -17.6%     0.6%    15.1%
CAR Ratio                 55.5%    36.8%    27.9%    35.3%    49.1%



                                                                      12
Page 13
Loan | Targeting growth in Consumer Loan through channeling with partners & NeoLoan

   Corporate, Multifinance, & SME
   Consumer NON AL
   Consumer AL                                                                                    Q3 2025 vs
   Others & Legacy                                                                                 Q4 2025
   Loan Yield

      35,2%              33,7%              36,2%   33,0%     31,7%      33,4%          33,6%        84bp
                                    28,7%




                                                                                      In IDR’tn
         9,3                          9,3
                            9,0
                                              8,8
                                                      8,5
         1,0                                                    8,1
                            1,2       2,0                                                            -4.1%
                                                                           7,5
                                              2,3                                         7,2
                                                      2,5                                           -20.6%
         2,8                                                    2,6
                                                                           1,9            1,5
                            2,9
                                      3,0
                                              2,6
                                                      2,5                                            14.9%
                                                                2,5        2,8            3,2


         5,1
                            4,5
                                      3,9     3,6
                                                      3,2                                            -9.6%
                                                                2,8        2,6
                                                                                          2,4

         0,4                0,3       0,3     0,3     0,3       0,2        0,2            0,1
        1Q24              2Q24       3Q24    4Q24    1Q25      2Q25       3Q25           4Q25
                                                                                                               13
Page 14
Asset Quality | Continues with prudent growth

            Lower NPL and Improved Coverage                                          Continuous Risk Strategy Review

  NPL Gross                                                               LAR
   3,9%     3,9%                                                           17,2%
                     3,7%
                                                                  3,6%                     14,4%
                                                                                   13,8%           12,8%                           13,1%
                              3,3%     3,2%     3,1%                                                       11,4%   10,8%   11,5%
                                                         2,9%

  NPL Coverage                                                            CoC (YTD annualized)
                                                        237,4%             25,1%   25,6%
                             218,1%            221,9%                                      23,5%   23,9%
                                      210,8%
                                                                 200,3%

                    156,5%
  146,2%   139,0%                                                                                                  16,3%           16,1%
                                                                                                           15,4%           15,2%


  NPL                                                                     Provision
  (in IDR’bn)                                                             (in IDR’bn)
                                                                            667
                                                                                    603             572
   366      350      344                                                                    479
                              291      270                                                                          363             362
                                                250               257                                       352
                                                         219
                                                                                                                            258




   1Q24    2Q24     3Q24     4Q24     1Q25     2Q25     3Q25     4Q25      1Q24    2Q24    3Q24    4Q24    1Q25    2Q25    3Q25    4Q25

                                                                                                                                           14
Page 15
Funding | Focus on wealth management and transactional capabilities to drive CASA

   CASA
   Time Deposits                                                                                Q3 2025 vs
   CASA Ratio                                                                                    Q4 2025
   Quarterly Cost of Funds (CoF)
                             29,7%                   30,2%     30,1%      28,4%      29,6%
            27,6%                    27,6%   27,7%
                                                                                                  118bp

            6,08%            6,17%   6,04%   5,98%   5,93%     5,83%      5,85%      5,79%
                                                                                                   -5bp
                                                                                    In IDR’tn
                             14,9
          14,4                       14,2                                               14,1       3.0%
                                                      13,7                  13,7
                                             13,2                13,4


           4,0               4,4
                                      3,9
                                                                             3,9         4,2       7.7%
                                              3,6     4,1        4,0




          10,4               10,5    10,3                                                9,9
                                              9,6     9,6        9,4         9,8                   1.1%




          1Q24              2Q24     3Q24    4Q24    1Q25       2Q25        3Q25        4Q25
                                                                                                             15
Page 16
Revenue | Focus on better asset quality

   Non-Interest Income
   Net Interest Income


         932
                                                                                  Q3 2025 vs
                                                                      In IDR’bn
                                          838                                      Q4 2025
         159             819

                                          114
                                723              720
                         155                            690    685
                                                                      669
                                                                                     -2.4%
                                                 104
                                143                      99    108    101            -6.3%




         773
                                          724
                         664
                                                 616    591
                                580                            578    568           -1.6%




        1Q24             2Q24   3Q24      4Q24   1Q25   2Q25   3Q25   4Q25
                                                                                             16
Page 17
Operational Costs | Operating with better efficiency and cost conscious

   Marketing Expenses
   Personnel Expenses
   G&A Expenses


                                                                                                    Q3 2025 vs
                                                                                        In IDR’bn
                                                                                                     Q4 2025
         261
                                        248
         18                                                               239
                               235
                        226             22                                 11
                                26                 209        212                                     -13.9%
                         18                                                      206
         84                                        10         15
                                                                                  21                  91.5%
                                                                           83
                                        99
                         86     88
                                                   92         90
                                                                                  90                   8.2%




         160
                                                                          145
                        122    121      127
                                                   107        106
                                                                                  95                  -34.6%




        1Q24            2Q24   3Q24    4Q24       1Q25       2Q25         3Q25   4Q25
                                                                                                           18
Page 18
Capital & Liquidity | Capacity for growth with sound Capital and Liquidity conditions


           Sound Capital Position               Comfortable HQLA position                 Aiming to optimize LDR at 70-75%

                                           Tier 1 Capital          Deposits               In IDR’tn
   2024
   2025                                    Reserve Requirement     Loan
                                                                                                            LDR RIM
                                           Marketable Securities   Liquid Assets                                         14,1
                                                                                                              55%
                              49,1%     In IDR’tn




          34,8%                                                                    6,9

                                                                                                      7,8

                                                      14,1
                                                                                   2,7




                                                                                   7,2


                                                       4,0
                                                                                   1,1

                  CAR Ratio                   Source of Funds             Uses of Funds        Loan &                 Third Party
                                                                                           Corporate Bonds              Funds

                                                                                                                                    20
Page 19
Thank You.   Copyright©2025 PT Bank Neo Commerce
             Tbk. All Rights Reserved.

             The information in this document may contain
             predictive statements including, without limitation,
             statement regarding the future financial and
             operating results, future product portfolio, new
             technology, etc. There are a number of factors that
             could cause actual result and developments to differ
             materially from those expressed or implied in the
             predictive statements. PT Bank Neo Commerce Tbk
             may change the information at any time without
             notice.

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Names mentioned 11 people and organisations named in the text · linked when the evidence is strong

linked org Bank Neo Commerce Tbk p.1 ×15
linked org Akulaku Silvrr p.6
linked org PT Gozco Capital p.6
linked person Inkawan D. Jusi p.7
linked person Kreisna D. Gozali p.7
linked person Pramoda Dei Sudarmo p.7
linked person Eri Budiono p.7
linked person Ricko Irwanto p.7
unresolved org Bank Neo Commerce Financial Performance p.3 ×3
unresolved org PT Bank Neo p.6
unresolved org PT Bank Yudha p.6

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