20260316_BNLI_Public Expose_32054047_lamp2.pdf

Public Expose Attendees :

Public Expose
The 2026 Public Expose was attended by :
   • 68 registered participants that were physically present (onsite) in the Anggrek Room, World
        Trade Center II, 21st Fl., Jakarta 12920
   • 17 registered participants that attended electronically (online) via the Microsoft Teams
        application, for which the Microsoft Teams link was previously provided in the
        Announcement of Annual Public Expose Planning, published 25 February 2026.

Press Conference
The press conference was attended by 33 representatives of journalists from both local and national
printed and/or electronic media that were physically present in the Anggrek Room, World Trade
Center II, 21st Fl., Jakarta, 12920. The Press Conference was held by the Company after the 2026
Public Expose event.

Herein this report, we attach the attendance list of the public expose and press conference.

Brief Rundown of Event

1.   The moderator opened the Public Expose session at 14.00 AM Western Indonesian Time by
     introducing the Speakers from the Company’s Management who were physically present from
     the Nusantara Room and were accompanied by the Corporate Secretary.
2.   President Director, Meliza Musa Rusli opened the presentation by explaining the general
     management overview.
3.   Chief Economist, Bapak Josua Pardede, continued the presentation by explaining the 2026
     Economic Outlook, Macroeconomics and Banking Industry.
4.   Finance and Sharia Business Unit Director, Rudy Basyir Ahmad, continued the presentation by
     explaining the full year 2025 financial performance.
5.   Questions and Answers session were guided by the Moderator from the Company by reading
     questions from both onsite participants and online participants of which the latter submitted
     their questions via the Q&A chatbox on the Microsoft Teams application. The questions were
     answered directly by the Company’s related Management Official.
6.   The Press Conference were guided by the Moderator from the Company to answer media
     questions regarding the Bank's performance and products.




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Summary of the Q&A Session

The following are the questions asked by participants and the answers given by management in this
public expose that include both questions that were directly asked onsite and questions that were
electronically submitted via Microsoft Teams :

   1.   Ben – Individual Investor
        Question:
        - Based on the data provided, the Bank's LLP (Loan Loss Provision) / CKPN has increased
            from 2021 until the end of 2025. Could you explain which segment contributes to this
            NPL, whether it comes from the consumer, commercial, or corporate segment? Please
            explain.
        -   What has the Bank done to reduce this CKPN figure, and what are the plans moving
            forward?


        Answer:
        Rudy Basyir Ahmad – Finance Director and Sharia Business Unit
        - From the perspective of CKPN or ECL coverage ratio, Bank Permata is one of the banks
            that takes a fairly conservative position.
        -   The Bank's ECL coverage ratio is one of the highest in the industry, which aligns with the
            Bank's prudential principle to ensure that the Bank's CKPN reserves are sufficient and
            serve as a provision for all segments, whether commercial, consumer, or corporate.
        -   One of the contributions is from the modelling side which is very conservative, so it's not
            because of the quality of the assets themselves, but more due to the conservativeness on
            the provisioning side.


        Question:
        - What ratio can be recovered from that CKPN? Will everything be written off or is there
            anything that can be recovered from previous periods? What about going forward?


        Answer:
        Rudy Basyir Ahmad – Finance and Sharia Business Unit Director
        - Moving forward, we will continue to monitor the market situation and conditions. If we
            feel that the conditions require the Bank to continue forming more conservative
            provisions, we will continue to do so.
        -   Regarding write-offs, no, the loan at risk ratio has decreased, so in terms of credit quality,
            it has actually been continuously improving. However, on the provisioning side, we will
            continue to act conservatively.




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2. Dewi - Individual Investor
   Question:
   - What are BNLI's strategies and anticipations to eliminate or minimize the occurrence of
       customer fund breaches, which have recently been rampant in a bank?
   -   Does BNLI plan to open or expand businesses, for example, one of them being Permata
       Securities? with the aim and purpose of modifying or diversifying the business, so that
       the funds owned by BNLI’s customer, will not move elsewhere.


   Answer:
   Meliza M. Rusli – President Director
   - Relevant questions for the banking industry, and we believe that all banks continue to
       strengthen and improve digital service and security.
   -   At Permata Bank, we continuously enhance system security as well as customer data
       protection by implementing security standards that we continuously improve, especially
       through our collaboration with Bangkok Bank Group.
   -   This matter has become a synergy that we always prioritize, particularly information
       regarding customer data protection for improving banking system security, which we
       can work on together with Bangkok Bank Group.
   -   All digital banking systems and security must be able to operate 24 hours according to
       customer needs.
   -   In addition, we also continue to strengthen our system infrastructure. The infrastructure
       here is not only owned within Permata Bank but also third-party infrastructure that
       partners with us in providing banking services to customers.
   -   This is our strategy in implementing multiple layers of security for the banking system,
       especially in this very fast digital era.
   -   For the second question, whether we will expand into adjacent businesses, such as
       Permata Securities, we continue to study new businesses outside of banking, and we will
       keep monitoring the development of regulations issued by the OJK and BI.
   -   We will continue to explore all existing opportunities as well as opportunities that come
       to Permata Bank, and we will keep paying attention to them.


3. William Giovani – Individual Investor
   Question:
   - Looking at the performance of Bank Permata, is there already a plan regarding the spin-
      off of the Sharia Business Unit?

   Answer:
   Rudy Basyir Ahmad – Finance and Sharia Business Unit Director



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   -   The performance of Permata Bank Syariah last year was quite good, very positive, and it
       remains a strategic part of Permata Bank's overall business.
   -   Regarding the spin-off plan as we know, the total assets of Permata Bank Syariah are still
       around Rp37 trillion, so there is still much room for us to grow.
   -   Currently, the Bank's focus is to continue strengthening Permata Bank Syariah itself,
       strengthening its balance sheet structure, diversifying its business, and improving how
       we can serve our customers better.
   -   At this time, we have not had any in-depth discussions regarding the spin-off and are still
       focused on strengthening Permata Bank Syariah itself.


4. Daniel – Individual Investor
   Question:
   - From the data on slides 20 and 21, it is mentioned that in FY 2025, Bank Permata's NIM
       was recorded at 4%, or slightly down 30bps compared to the previous year at 4.3%. On
       the other hand, Net Interest Income also decreased by 2% YoY. What is the main cause
       of this pressure on NIM? Is it due to increased funding costs or cost of funds, or because
       of changes in asset composition, or due to competition?
   -   What is management's strategy to maintain NIM amid global and domestic interest rate
       uncertainties in 2026?


   Answer:
   Rudy Basyir Ahmad – Finance and Sharia Business Unit Director
   - In line with the decline in BI interest rates and The Fed interest rates, where BI has
       lowered the interest rate from 6% in Dec ’24 to 4.75% by Dec ’25, there will normally be a
       decrease in credit interest rates.
   -   On the credit interest rate side, we also see that re-pricing of credit interest rates will
       proceed in line with the decline in BI interest rates.
   -   The challenge in 2025 from the cost of fund perspective, we see that throughout the first
       nine months of 2025, the movement or decrease in cost of funds is very slow, so the
       industry's NIM compression is indeed real, especially on Permata’s side, which is related
       to the slower decrease in cost of funds compared to the existing credit interest rate
       reduction.
   -   In addition, from a credit structure perspective, there is no change, and going forward we
       will continue to implement the diversification strategy that we are currently running.



   Answer:




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-   Management stated on slides 27-29, even though the gross NPL remains stable at 2.1%,
    the NPL coverage ratio declined from 375.5% in 2024 to 356.1% in 2025. Does this
    decline reflect management's expectation that credit risk will improve, or is there a
    change in the provisioning policy considering that credit growth in the manufacturing,
    construction, and real estate sectors is very high? How does management mitigate
    concentration risk in these sectors amid the global economic slowdown due to the war?


Answer:
Rudy Basyir Ahmad – Finance and Sharia Business Unit Director
- Regarding NPL and the decline in the NPL coverage ratio, broadly speaking, the
    structure of our balance sheet is already much better. In addition, from the LAR side,
    Bank Permata's LAR has decreased from around 7% previously to around 6% now, so
    when LAR decreases, the amount of provisioning we need to build also decreases, which
    is why the NPL coverage ratio also experiences a decline.
-   In terms of the ratio, an NPL coverage ratio above 300% is quite conservative, so we will
    continue to ensure that Bank Permata's provisioning level will always be at a sufficient or
    quite conservative level.


Answer:
Joshua Pardede – Chief Economist
- We see that the impact of global conditions is still filled with uncertainty, especially when
    we make assumptions or scenarios where the war in the Middle East is prolonged, which
    of course could drive a trend of rising global crude oil prices and potentially be followed
    by an increase in domestic fuel prices, which will also affect the high or rising trend of
    domestic inflation this year.
-   We have conducted an assessment, and under quite worse conditions such as a
    prolonged war in the Middle East, it will also impact the slowing of economic growth and
    will also have implications for the slowdown in bank credit growth.
-   Regarding which sectors, of course we see that most sectors will be quite affected, but
    with global conditions full of uncertainty, we see that sectors still dependent on export
    markets tend to experience a deeper impact compared to defensive sectors that still rely
    on domestic consumption.


Answer:
Rudy Basyir Ahmad – Finance and Sharia Business Unit Director
- One of the Bank's priorities in its growth is to ensure that the growth will always exist and
    be sustainable, and we will always apply the principles of disciplined risk management
    and prudence, and from the portfolio management side, we will always review the


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           external impacts on our portfolio. This is what will always become a continuous action
           carried out by the Bank.


       Question:
       - Management mentioned on slides 17 and 23 that credit growth at Bank Permata in 2025
           is 5.5% YoY, with an economic growth outlook of around 5.12% in 2026 and industry
           credit growth predicted at around 10.2%. What is Permata's strategy to accelerate credit
           disbursement, which sectors will be the main focus, and will the bank continue to rely on
           the corporate segment or start boosting the consumer and commercial sectors?


       Answer:
       Rudy Basyir Ahmad – Finance and Sharia Business Unit Director
       - From the segment perspective, we will operate across all segments because, from
           Permata Bank's side, the corporate, commercial, and consumer segments are the three
           segments that are the Bank's priority segments. We will not focus on just one, but we will
           continuously observe the economic conditions, geopolitical conditions, and their impact
           on banking in the Indonesian economy.
       -   We will also continue to assess which sectors or segments we can grow in prudently and
           sustainably while always prioritizing the principle of caution.


Thus we submit this report. Thank you for your attention.

Attachment :
    A. Public Expose Attendance List
    B. Press Conference Media Attendance List




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Attachment A
Public Expose Attendance List




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Attachment A.1 – Public Expose Onsite Attendance List




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Attachment A.2 – Public Expose Online Attendance List

   No           Name                                    Status
    1           William                                 Investor Individu
    2           Davin                                   RHB Securities
    3           Sourabh Patil                           JP Morngan Chase
    4           Valentinus Brian Johan                  Mahasiswa ITB
    5           Boby Kristanto Chandra                  Mandiri Sekuritas
    6           Daniel                                  Investor Individu
    7           Ghiyats Julda Hanifa                    BNI Sekuritas
    8           Triananda Rahman Hadi                   Permata Bank
    9           Steven                                  JP Morgan
    10          William Giovanni                        Investor Individu
    11          Andrey Wijaya                           RHB Securities
    12          Christina Sylvi Setiawan                Permata Bank
    13          Vera Yap                                BNI Sekuritas
    14          Ani Utami                               Permata Bank
    15          Pudji Yulianti Sukri                    Permata Bank
    16          Erni Marsella Siahaan                   Ciptadana
    17          Vla Cusdi Sibarani                      Mahasiswa Undip




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Attachment B
Press Conference Media Attendance List




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Press Conference Media Attendance List (Onsite)

     No         Name                              Media
     1          Diyah Triarsari                   Jakarta Shimbun
     2          Putri Sekararum                   IDNFinancials
     3          Zetta Hannany                     IDNFinancials
     4          Zefanya Aprilia                   CNBC Indonesia
     5          Pramesti Regita                   Bloomberg Technoz
     6          Sri Kusmayanti                    Radio Pas fm Jakarta
     7          Nana Aghitsna                     Suar.id
     8          Lucius Gora Kunjana               Pikiran Rakyat
     9          Novita Sari                       MNC Media
     10         Rina                              Suara.com
     11         Waluyo Adi                        SCTV/Indosiar
     12         Karunia Putri                     Katadata
     13         Fitriana Novita Sari              Validnews
     14         Alfitria                          Tempo
     15         Windy                             Promedia
     16         Angga Bratadharma                 Mediaasuransinews.co.id
     17         Dita Hastuti                      Disway.id
     18         Dian Fath                         REPUBLIKA
     19         Nur Aida Nasution                 Aktual.com
     20         Nida                              Investor Daily
     21         Ranto Rajaguguk                   Marketeers
     22         Merlina Aryanti                   Tirto Adi
     23         Anggie Ariesta                    iNews Media Group
     24         Lydia Tesa                        Kontan
     25         Patricia                          Bisnis Indonesia
     26         Niken                             SWA
     27         Muhammad Zacky                    Suara Merdeka
     28         Baim                              Infobank
     29         Sonny                             Markettrack
     30         Harun Rasyid                      Kabarbursa.com
     31         Akhmad Jiharka                    Emitennews
     32         Isna Rifka                        Kompas.com
     33         Taufiq Al Hakim                   Investortrust.id




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