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Page 1
ONE FIFGROUP
TO BE THE ONE
2025
Laporan Tahunan
Annual Report
Page 2
                                                       2025
                                                       Laporan Tahunan
                                                       Annual Report




                                                       ONE FIFGROUP
                                                       TO BE THE ONE



Penjelasan Tema
Laporan Tahunan 2025
Theme Explanation of 2025 Annual Report


Integrasi yang menyeluruh di seluruh lini organisasi menjadi     Comprehensive integration across all lines of the organization
fondasi dalam mempercepat transformasi dan memperkuat            is the foundation for accelerating transformation and reinforcing
daya saing Perseroan. Keselarasan strategi, kolaborasi lintas    the Company's competitiveness. Strategic alignment, cross-
fungsi, serta penerapan tata kelola yang disiplin memastikan     functional collaboration, and disciplined governance ensure
setiap ekspansi dijalankan secara terukur dan prudent sehingga   that every expansion is executed in a measured and prudent
perusahaan bergerak sebagai satu kesatuan yang solid dan         manner, enabling the company to move forward as a solid and
terarah. Inovasi berkelanjutan dengan pendekatan berbasis        focused entity. Continuous innovation with a customer lifecycle-
customer lifecycle memperkuat relevansi solusi di setiap         based approach strengthens the relevance of solutions at every
tahap kebutuhan pelanggan, sekaligus membangun loyalitas         stage of customer needs, while building loyalty and long-term
dan nilai jangka panjang. Dukungan teknologi digital turut       value. Digital technology support also enhances customer
meningkatkan kualitas pengalaman pelanggan, efisiensi proses,    experience quality, process efficiency, and organizational
serta produktivitas organisasi. Dengan menerapkan struktur       productivity. By implementing a robust governance structure,
tata kelola yang robust, budaya kolaboratif, dan fokus pada      a collaborative culture, and a focus on operational excellence,
keunggulan operasional, Perseroan menegaskan komitmennya         the Company reaffirms its commitment to being the top choice
untuk menjadi pilihan utama di industri, sekaligus menciptakan   in the industry, while creating sustainable growth and consistent
pertumbuhan berkelanjutan dan nilai tambah yang konsisten        added value for all stakeholders.
bagi seluruh pemangku kepentingan.




ii       LAPORAN TAHUNAN | ANNUAL REPORT 2025
         PT Federal International Finance
Page 3
Keberlanjutan Tema
Theme Continuity

                   Leaping Together into the Future

20                 Perjalanan panjang Perseroan menuju keberlanjutan usaha membutuhkan
                   kesabaran, ketekunan, dan kemauan dari segenap insan karyawan untuk

24                 menginvestasikan waktu, pikiran dan tenaga sebagai satu tim yang solid. Proses
                   ini tentunya melibatkan pembelajaran yang berkelanjutan, adaptasi, serta kemauan
                   dari seluruh insan FIFGROUP untuk bersama-sama melompat ke arah tujuan
                   yang sama. Dengan semangat “Leaping Together into the Future”, Perseroan
                   terus berusaha membangun kolaborasi dan mendorong setiap individu untuk
                   berkontribusi lebih besar bagi kemajuan Perseroan agar dapat memetik hasil
                   yang manis dan merangkul pertumbuhan yang lebih baik di hari ini ataupun di
                   masa depan.
                   The Company’s long journey towards business sustainability requires patience,
                   perseverance, and the willingness of all employees to invest time, thoughts, and
                   energy as a solid team. This process inevitably involves continuous learning, adaptation,
                   and a shared commitment from all FIFGROUP personnel to leap together towards the
                   same goal. With the spirit of “Leaping Together into the Future,” the Company strives
                   to foster collaboration and encourage each individual to contribute more significantly
                   to its progress. Through these efforts, the Company aims to reap the rewards and
                   embrace greater growth, both today and in the future.



20                 Level Up the Race Empower Collaboration
                   for Sustainable Business Excellence

23                 Tahun 2023 menghadirkan beragam tantangan yang menjadi katalis bagi
                   FIFGROUP untuk semakin level up dalam implementasi setiap strategi bisnis dan
                   nilai kompetitif yang dimiliki. Strategi untuk menjalin kolaborasi strategis dengan
                   berbagai pihak serta pemanfaatan teknologi yang mumpuni terus didorong sebagai
                   kunci utama sehingga mampu meningkatkan kinerja keuangan dan operasional
                   sekaligus memberikan nilai tambah bagi konsumen. Dengan fokus pada efisiensi,
                   inovasi, dan tata kelola, Perseroan menjadi entitas yang lebih agile sehingga
                   mampu melaju menegaskan keunggulan dan mewujudkan kinerja berkelanjutan
                   bersama seluruh pemangku kepentingan.
                   The year 2023 brought forth diverse challenges that served as catalysts for FIFGROUP to
                   further level up its business strategy implementation and its competitive edge. Strategic
                   collaboration with qualified partners and state-of-the-art technology utilization were
                   key factors to enhance financial and operational performance while providing added
                   value to customers. Through the focus on efficiency, innovation, and governance, the
                   Company became a more agile entity, capable of advancing excellence and achieving
                   business sustainability alongside all stakeholders.



20                 Embracing Resilient Collaboration Strive for Sustainability


22
                   Portofolio bisnis Perseroan yang tetap tumbuh di tengah tantangan ekonomi pada
                   industri pembiayaan di sepanjang tahun 2022 didorong oleh kolaborasi strategis
                   dengan berbagai pihak serta pemanfaatan teknologi yang mumpuni sehingga
                   mampu meningkatkan kinerja keuangan dan operasional sekaligus memberikan
                   nilai tambah bagi konsumen. Faktor kunci keberhasilan tersebut menjadi fondasi
                   yang kuat bagi Perseroan untuk melakukan ekspansi bisnis pembiayaan sehingga
                   tercapai pertumbuhan bisnis dan profitabilitas yang berkelanjutan dengan kualitas
                   aset produktif yang terjaga dengan baik.
                   The Company’s business portfolio continued to grow amidst rising economic challenges
                   in the financing industry throughout 2022, which is boosted by strategic collaboration
                   with various partners and technology utilization to enhance financial and operational
                   performance while providing added value to customers. These key success factors
                   had become a strong foundation for the Company to expand its financing business to
                   achieve sustainable business and profitability growth with well maintained productive
                   asset quality.




                                               LAPORAN TAHUNAN | ANNUAL REPORT 2025
                                                         PT Federal International Finance            01
Page 4
     Daftar Isi
     Table of Contents

                                                  Profil
                                                                                03
      ii   Penjelasan Tema Laporan                                                               122   Struktur Grup Perusahaan
           Tahunan 2025
                                                  Perusahaan
                                                                                                       Company Group Structure
           Theme Explanation of 2025
                                                                                                 123   Kronologis Pencatatan Saham
           Annual Report                          Company Profile                                      Shares Listing Chronology
      01   Keberlanjutan Tema
           Theme Continuity                                                                      124   Kronologis Pencatatan Obligasi atau
                                                  66    Informasi Umum dan Identitas                   Efek Lainnya
      02   Daftar Isi                                   Perseroan                                      Chronology of Bond or Other
           Table of Contents                            General Information and Company                Securities Listing
                                                        Identity
                                                                                                 132   Informasi Penggunaan Jasa Akuntan
                                                  68    Sekilas Tentang Perseroan                      Publik (AP) dan Kantor Akuntan

     Kilas Kinerja
                                    01
                                                        Overview of the Company                        Publik (KAP)
                                                                                                       Information on the Use of Public
                                                  71    Logo Perusahaan
     Performance                                        The Company’s Logo
                                                                                                       Accountant (AP) and Public
     Highlights                                                                                        Accounting Firm (KAP) Services
                                                  72    Jejak Langkah Perusahaan
                                                                                                 133   Lembaga dan/atau Profesi
                                                        Milestones                                     Penunjang
      06   Ikhtisar Kinerja Keuangan
                                                  76    Visi, Misi, dan Budaya Perusahaan              Supporting Institutions and/or
           Financial Highlights                         Vision, Mission, and Corporate                 Professions
      10   Ikhtisar Operasional                         Culture
                                                                                                 135   Informasi pada Situs Web
           Operational Highlights
                                                  78    Kegiatan Usaha                                 Information on the Website
      12   Ikhtisar Saham                               Business Activities
           Shares Highlights
                                                  80    Wilayah Operasional
      13   Ikhtisar Obligasi                            Operational Area

                                                                                                 Tinjauan
                                                                                                                              04
           Bonds Highlights
                                                  96    Struktur Organisasi
      16   Peringkat Perusahaan
           Corporate Ratings
                                                        Organizational Structure
                                                                                                 Pendukung
                                                  98
                                                                                                 Bisnis
                                                        Daftar Keanggotaan Asosiasi
      17   Penghargaan dan Sertifikasi                  List of Association Membership
           Awards and Certifications
                                                  99    Informasi Perubahan Komposisi            Business Support Review
      23   Peristiwa Penting Tahun 2025                 Direksi Tahun 2025
           Important Events in 2025                     Information Changes in the
                                                        Composition of the Board of
                                                                                                 140   Sumber Daya Manusia
                                                                                                       Human Capital
                                                        Directors in 2025
                                                                                                 167   Teknologi Informasi
                                                  100   Profil Direksi



                                    02
                                                                                                       Information Technology
     Laporan                                            Board of Directors Profile

     Manajemen                                    107   Informasi Perubahan Komposisi
                                                        Dewan Komisaris Tahun 2025
     Management Report                                  Information Changes in the
                                                        Composition of the Board of



                                                                                                                                05
                                                        Commissioners in 2025
      41   Laporan Dewan Komisaris
                                                  108   Profil Dewan Komisaris
                                                                                                 Analisis dan
           Board of Commissioners’ Report
                                                        Board of Commissioners Profile           Pembahasan
      51   Laporan Direksi
           Board of Directors’ Report             116   Demografi Karyawan                       Manajemen
                                                        Employee Demography                      Management
      62   Surat Pernyataan Anggota Dewan
           Komisaris tentang Tanggung Jawab       118   Struktur dan Komposisi Pemegang          Discussion and Analysis
           atas Laporan Tahunan 2025 PT                 Saham
           Federal International Finance                Structure and Composition of
           Board of Commissioners Statements            Shareholders                             176   Perkembangan Ekonomi Global
                                                                                                       Global Economic Development
           on the Responsibility for PT Federal   120   Informasi Pemegang Saham Utama
           International Finance Annual Report          dan/atau Pengendali                      180   Perkembangan Ekonomi Nasional
           Year 2025                                    Information on Majority and/or                 dan Industri Pembiayaan di
                                                        Controlling Shareholders                       Indonesia
      63   Surat Pernyataan Anggota Direksi
                                                                                                       National Economy and the
           tentang Tanggung Jawab atas
           Laporan Tahunan 2025 PT Federal
                                                  121   Daftar Entitas Anak dan/atau                   Development of the Financing
                                                        Perusahaan Asosiasi                            Industry
           International Finance                        List of Subsidiaries and/or Associated
           Board of Directors Statements on             Companies
           the Responsibility for PT Federal
           International Finance Annual Report
           Year 2025




02   LAPORAN TAHUNAN | ANNUAL REPORT 2025
     PT Federal International Finance
Page 5
185   Tinjauan Operasi per Segmen Usaha      316   Kebijakan Nominasi dan Remunerasi          429 Transparansi Produk dan
      dan Informasi Segmen Usaha                   Dewan Komisaris, Direksi, dan                    Penggunaan Data Debitur
      Operations Review by Business                Dewan Pengawas Syariah                           Product Transparency and Use of
      Segment and Business Segment                 Nomination and Remuneration Policy               Debtors’ Data
      Information                                  for the Board of Commissioners,
                                                   Board of Directors, and Sharia             431   Kode Etik dan Budaya Perseroan
189   Tinjauan Bisnis per Segmen
                                                   Supervisory Board                                Code of Conduct and Corporate
      Geografis                                                                                     Culture
      Business Overview by Geographical      323 Kebijakan Keberagaman Komposisi
      Segment                                      Dewan Komisaris dan Direksi                434 Sistem Pelaporan Pelanggaran
                                                   Diversity Policy Composition of                  Whistleblowing System
191   Tinjauan Keuangan
                                                   the Board of Commissioners and
      Financial Review                                                                        438 Kebijakan Anti-Korupsi dan
                                                   Directors                                        Penyuapan
204 Informasi Keuangan Material              326   Pengungkapan Hubungan Afiliasi                   Anti-Corruption and Bribery Policy
      Lainnya                                      Anggota Dewan Komisaris, Direksi,
      Other Material Financial Information                                                    442 Penyediaan Dana untuk Kegiatan
                                                   dan Pemegang Saham Utama                         Sosial dan Kegiatan Politik
                                                   Disclosure of Affiliated Relationships           Provision of Funds for Social and
                                                   of Members of the Board of                       Political Activities
                                                   Commissioners, Board of Directors,



                             06
                                                                                              444 Kebijakan Penanganan Pengaduan
Tata Kelola                                        and Majority Shareholders
                                                                                                    Konsumen
Perusahaan                                   328   Komite-Komite Pendukung di bawah
                                                   Dewan Komisaris
                                                                                                    Policy of Consumer Complaint
                                                                                                    Handling
Corporate Governance                               Supporting Committees under the
                                                   Board of Commissioners                     449 Perlindungan Hak Kreditur
                                                                                                    Protection of Creditors' Rights
232 Komitmen Manajemen terhadap              357   Komite-Komite Pendukung di bawah
      Penerapan GCG                                Direksi                                    449 Integritas Pelaporan dan Sistem
                                                   Supporting Committees under the                  Teknologi Informasi
      Management Commitment to GCG                                                                  Integrity of Reporting and Information
      Implementation                               Board of Directors
                                                                                                    Technology Systems
233 Dasar Hukum atau Landasan                372 Sekretaris Perusahaan
      Penerapan GCG                                Corporate Secretary                        450 Kebijakan Pengadaan Barang
                                                                                                    dan Jasa
      Legal Basis or Foundation for the      377 Unit Audit Internal                                Purchasing Policy for Goods and
      Implementation of GCG                        Internal Audit Unit                              Services
236 Prinsip-Prinsip Dasar GCG                387 Audit Eksternal                              459 Kebijakan Pengungkapan Saham
      Basic Principles of GCG                      External Audit                                   Anggota Direksi dan Dewan
239 Roadmap Penerapan GCG                                                                           Komisaris
                                             390 Sistem Pengendalian Internal (SPI)                 Policy on Disclosure of Shares
      Roadmap for GCG Implementation               Internal Control System (SPI)
                                                                                                    Held by Members of The Board
242 Keterkaitan Penerapan GCG                395 Manajemen Risiko                                   of Directors and Board of
      terhadap Kinerja Perseroan                   Risk Management                                  Commissioners
      Relationship Between GCG
      Implementation and the Company’s       406 Fungsi Kepatuhan                             460 Rencana Strategis FIFgroup
      Performance                                  Compliance Function                              FIFgroup Strategic Plan

242 Struktur dan Mekanisme GCG               410   Program Anti Pencucian Uang                461   Praktik Bad Governance
      GCG Structure and Mechanism                  dan Pencegahan Pendanaan                         Bad Governance Practices
                                                   Terorisme (APU PPT) & Pencegahan
244 Penilaian GCG Tahun 2025                       Pendanaan Proliferasi Senjata              461   Pedoman Peraturan
      GCG Assessment In 2025                       Pemusnah Massal (PPPSPM)                         Perdagangan Efek
                                                   Anti-Money Laundering and Counter-               Securities Dealing Rules Guidelines
249 Rapat Umum Pemegang Saham
      (“RUPS”)                                     Terrorism Financing (AML/CFT) &            463 Penyimpangan Internal
      General Meeting of Shareholders              Counter-Proliferation Financing (CPF)            Internal Misconduct
      ("GMS")                                      Program

264 Dewan Komisaris                          416   Perkara Hukum
      Board of Commissioners                       Legal Cases

286 Komisaris Independen                     417   Sanksi Administratif
      Independent Commissioners                    Administrative Sanctions                   464 Laporan Keberlanjutan
                                                                                                    Sustainability Report
291   Direksi                                418   Kerangka Governansi, Pengelolaan
                                                   dan Pengendalian Aspek Perpajakan          465 Laporan Keuangan Audit
      Board of Directors
                                                   Governance, Management, and                      Audited Financial Statements
306 Dewan Pengawas Syariah                         Control Framework for Taxation
      Sharia Supervisory Board
                                             419   Akses Informasi dan Data Perseroan
315   Penilaian Kinerja Dewan Komisaris            Access to Company Information and
      dan Direksi                                  Data
      Performance Assessment of the
      Board of Commissioners and             428 Transparansi dan Kondisi Keuangan
                                                   dan Non-Keuangan
      Directors
                                                   Transparency and Financial and Non-
                                                   Financial Conditions




                                                                                        LAPORAN TAHUNAN | ANNUAL REPORT 2025
                                                                                                  PT Federal International Finance           03
Page 6
04   LAPORAN TAHUNAN | ANNUAL REPORT 2025
     PT Federal International Finance
Page 7
               Kilas
             Kinerja
Performance Highlights




                    01
    LAPORAN TAHUNAN | ANNUAL REPORT 2025
              PT Federal International Finance   05
Page 8
    Ikhtisar Kinerja                           Laporan Manajemen                      Profil Perusahaan
    Performance Highlights                     Management Report                      Company Profile




Ikhtisar
Kinerja Keuangan
Financial Highlights


Laporan Posisi Keuangan
Statements of Financial Position

(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
(Expressed in million Rupiah, unless otherwise stated)


                 Uraian                         2025               2024          2023              2022             2021*                      Description

 Kas dan setara kas                              397.852            304.180         612.439         618.239            901.183           Cash and cash equivalents

 Piutang pembiayaan konsumen-               46.958.874        39.902.300       33.793.190        31.271.743       30.254.167                   Consumer financing
 setelah dikurangi penyisihan                                                                                                      receivables-net of allowance for
 kerugian penurunan nilai                                                                                                                       impairment losses

 Aset yang diperoleh untuk                    2.543.642           3.681.599     3.064.456          885.550             210.102                    Asset acquired for
 ijarah-setelah dikurangi                                                                                                                 ijarah-net of accumulated
 akumulasi penyusutan                                                                                                                                   depreciation

 Piutang lain-lain-setelah                      393.967              350.611         192.181         119.387           89.245               Other receivables-net of
 dikurangi penyisihan kerugian                                                                                                             allowance for impairment
 penurunan nilai                                                                                                                                             losses

 Beban dibayar dimuka                             175.747            131.342        147.498          68.564           103.819                              Prepayments

 Klaim atas restitusi pajak                         7.680             11.844         55.178          65.623             71.932                    Claim for tax refund

 Aset derivatif                                  148.858            197.590         195.833        403.703               9.014                      Derivatives assets

 Investasi pada entitas asosiasi                   63.312            37.257          57.559           78.120            25.154               Investment in associate

 Aset pajak tangguhan-bersih                     240.168            208.939         297.040        343.804            351.339                Deferred tax assets-net

 Aset tetap-setelah dikurangi                    947.639            855.549         753.520         687.723          635.383                   Fixed assets-net of
 akumulasi penyusutan                                                                                                                     accumulated depreciation

 JUMLAH ASET                                 51.877.739           45.681.211   39.168.894      34.542.456        32.651.338                              TOTAL ASSETS




Jumlah Aset                                                                            Piutang Pembiayaan Konsumen - Bersih
Total Assets                                                                           Consumer Financing Receivables - Net

disajikan dalam jutaan Rupiah | expressed in millions of Rupiah                        disajikan dalam jutaan Rupiah | expressed in millions of Rupiah




2025                                                                   51.877.739      2025                                                                  46.958.874

2024                                                              45.681.211           2024                                                          39.902.300

2023                                                     39.168.894                    2023                                                   33.793.190

2022                                                34.542.456                         2022                                                31.271.743

2021                                              32.651.338                           2021                                               30.254.167




06          LAPORAN TAHUNAN | ANNUAL REPORT 2025
            PT Federal International Finance
Page 9
                                       Tinjauan Pendukung Bisnis                      Analisa dan Pembahasan Manajemen                         Tata Kelola Perusahaan
                                          Business Support Review                      Management Discussion and Analysis                       Corporate Governance




                 Uraian                         2025                2024          2023              2022             2021*                      Description

 LIABILITAS DAN EKUITAS                                                                                                                    LIABILITIES AND EQUITY

    Utang penyalur kendaraan                     129.832             170.339      409.575            512.275           584.125                     Dealer payables

    Utang premi asuransi                        585.445              505.821      533.460           554.609            571.965      Insurance premium payables

    Akrual                                      575.866             533.044          636.123        979.874           1.108.704                                Accruals

    Utang pajak                                 538.702             409.028       453.575            434.747          392.947                         Taxes payable

    Utang lain-lain                              217.535             212.083         177.196         179.375           197.375                       Other payables

    Liabilitas derivatif                          25.954               6.398          13.717          14.393          245.093                   Derivative liabilities

    Pinjaman                                 24.729.091           22.736.202      17.171.913      15.039.391       13.359.544                              Borrowings

    Surat berharga                           10.273.447            8.620.483     8.215.088        5.459.273         6.666.870                               Securities
    yang diterbitkan:                                                                                                                                          issued:
    - Obligasi                                                                                                                                                - Bonds

    Liabilitas imbalan kerja                     363.795             312.100         267.191        247.002           273.050      Employee benefit obligations

 JUMLAH LIABILITAS                          37.439.667        33.505.498        27.877.838     23.420.939         23.399.673                       TOTAL LIABILITIES

 JUMLAH EKUITAS                             14.438.072             12.175.713   11.291.056         11.121.517       9.251.665                             TOTAL EQUITY

 JUMLAH LIABILITAS DAN                       51.877.739           45.681.211    39.168.894     34.542.456         32.651.338                       TOTAL LIABILITIES
 EKUITAS                                                                                                                                               AND EQUITY


Catatan | Note:
* Tidak dikonsolidasi sejak tanggal 1 Juli 2021 | Not consolidated since July 1, 2021




Jumlah Liabilitas                                                                       Jumlah Ekuitas
Total Liabilities                                                                       Total Equity

disajikan dalam jutaan Rupiah | expressed in millions of Rupiah                         disajikan dalam jutaan Rupiah | expressed in millions of Rupiah




2025                                                                    37.439.667      2025                                                                    14.438.072

2024                                                               33.505.498           2024                                                          12.175.713

2023                                                     27.877.838                     2023                                                       11.291.056

2022                                              23.420.939                            2022                                                      11.121.517

2021                                              23.399.673                            2021                                               9.251.665




                                                                                                     LAPORAN TAHUNAN | ANNUAL REPORT 2025
                                                                                                               PT Federal International Finance                     07
Page 10
   Ikhtisar Kinerja                        Laporan Manajemen                     Profil Perusahaan
   Performance Highlights                  Management Report                     Company Profile




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

(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
(Expressed in million Rupiah, unless otherwise stated)


               Uraian                      2025              2024           2023              2022           2021*                Description

 Jumlah penghasilan                       13.514.572        12.153.904     10.416.484        8.963.160      8.840.422                      Total income

 Beban usaha                             (3.256.854)       (2.945.353)    (2.496.902)       (2.325.992)    (2.370.868)             Operating expenses

 Beban bunga dan keuangan                (2.463.428)       (2.095.510)    (1.579.495)       (1.245.696)     (1.717.934)   Interest and financing charges

 Penyisihan kerugian penurunan           (1.370.569)        (1.058.091)      (810.138)       (1.116.420)   (1.328.368)         Allowance for impairment
 nilai pembiayaan konsumen                                                                                                 losses of consumer financing

 Rugi entitas asosiasi                      (24.007)          (20.282)       (20.605)           (22.101)      (15.969)          Loss from investment in
                                                                                                                                              associate

 Beban penurunan nilai lain-lain           (446.210)         (363.281)      (235.891)         (172.842)     (228.663)         Other impairment charges

 Jumlah beban                            (7.561.068)       (6.482.517)     (5.143.031)      (4.883.051)    (5.661.802)                   Total expenses

 LABA SEBELUM PAJAK                      5.953.504          5.671.387     5.273.453          4.080.109      3.178.620     PROFIT BEFORE INCOME TAX
 PENGHASILAN

 BEBAN PAJAK PENGHASILAN                (1.320.875)        (1.255.853)    (1.166.062)        (906.449)       (711.213)         INCOME TAX EXPENSE

 LABA BERSIH                             4.632.629          4.415.534       4.107.391        3.173.660     2.467.407                      NET INCOME

 (KERUGIAN)/PENGHASILAN                    (116.270)          (16.317)        30.308            86.112        138.773        OTHER COMPREHENSIVE
 KOMPREHENSIF LAIN TAHUN                                                                                                         (LOSS)/INCOME FOR
 BERJALAN, SETELAH PAJAK                                                                                                       THE YEAR, NET OF TAX

 JUMLAH PENGHASILAN                       4.516.359         4.399.217      4.137.699         3.259.772      2.606.180        TOTAL COMPREHENSIVE
 KOMPREHENSIF TAHUN                                                                                                          INCOME FOR THE YEAR,
 BERJALAN, SETELAH PAJAK                                                                                                               NET OF TAX

 Laba bersih yang diatribusikan kepada:                                                                                      Net income attributable to:

    Entitas induk                         4.632.629         4.415.534        4.107.391        3.173.660    2.468.058                 Parent company

    Kepentingan non-pengendali                       -                -                 -              -         (651)       Non-controlling interest

                                         4.632.629          4.415.534       4.107.391        3.173.660     2.467.407

 Jumlah penghasilan komprehensif yang diatribusikan kepada:                                                 Total comprehensive income attributable to:

    Entitas induk                         4.516.359          4.399.217      4.137.699        3.259.772      2.606.831                Parent company

    Kepentingan non-pengendali                       -                -                 -              -         (651)       Non-controlling interest

                                          4.516.359         4.399.217      4.137.699         3.259.772      2.606.180

 LABA BERSIH PER SAHAM                        16.545           15.770         14.669            11.335          8.812           EARNINGS PER SHARE
 (Rupiah penuh)                                                                                                                    (full Rupiah amount)


Catatan | Note:
* Tidak dikonsolidasi sejak tanggal 1 Juli 2021 | Not consolidated since July 1, 2021




08         LAPORAN TAHUNAN | ANNUAL REPORT 2025
           PT Federal International Finance
Page 11
                                       Tinjauan Pendukung Bisnis                     Analisa dan Pembahasan Manajemen                          Tata Kelola Perusahaan
                                          Business Support Review                     Management Discussion and Analysis                        Corporate Governance




Jumlah Penghasilan                                                                      Laba Bersih
Total income                                                                            Net Income

disajikan dalam jutaan Rupiah | expressed in millions of Rupiah                         disajikan dalam jutaan Rupiah | expressed in millions of Rupiah




2025                                                                   13.514.572       2025                                                                   4.632.629

2024                                                               12.153.904           2024                                                                 4.415.534

2023                                                       10.416.484                   2023                                                              4.107.391

2022                                                8.963.160                           2022                                                 3.173.660

2021                                               8.840.422                            2021                                         2.467.407




Laporan Arus Kas
Statements of Cash Flows

(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
(Expressed in million Rupiah, unless otherwise stated)


                 Uraian                         2025               2024          2023              2022              2021*                      Description

 Arus kas bersih (digunakan                    (594.101)      (2.166.579)       (650.966)         1.635.185        2.438.122                 Net cash flows (used in)/
 untuk)/diperoleh dari aktivitas                                                                                                              provided by operating
 operasi                                                                                                                                                     activities

 Arus kas bersih digunakan                    (521.235)           (485.684)     (430.055)         (463.811)         (387.577)                  Net cash flows used in
 untuk aktivitas investasi                                                                                                                         investing activities

 Arus kas bersih diperoleh dari/             1.209.837            2.344.712     1.075.729       (1.453.876)      (2.872.864)            Net cash flows provided by/
 (digunakan untuk) aktivitas                                                                                                                     (used in) financing
 pendanaan                                                                                                                                                  activities

 Kenaikan/(penurunan) bersih                     94.501           (307.551)         (5.292)      (282.502)          (822.319)       Net increase/(decrease) in cash
 kas dan setara kas                                                                                                                           and cash equivalents

 Penyesuaian atas selisih kurs                     (829)              (708)          (508)             (442)             (152)       Foreign exchanges adjustment
 dalam kas dan setara kas                                                                                                                         in cash and cash
                                                                                                                                                       equivalents

 Kas dan setara kas pada awal                   304.180            612.439       618.239            901.183        1.723.654           Cash and cash equivalents at
 tahun                                                                                                                                           beginning of year

 Kas dan setara kas pada akhir                 397.852             304.180       612.439           618.239            901.183             Cash and cash equivalents
 tahun                                                                                                                                                at end of year

Catatan | Note:
* Tidak dikonsolidasi sejak tanggal 1 Juli 2021 | Not consolidated since July 1, 2021




                                                                                                     LAPORAN TAHUNAN | ANNUAL REPORT 2025
                                                                                                               PT Federal International Finance                       09
Page 12
    Ikhtisar Kinerja                       Laporan Manajemen                     Profil Perusahaan
    Performance Highlights                 Management Report                     Company Profile




Rasio-Rasio Keuangan
Financial Ratios


               Uraian                       2025            2024            2023            2022         2021*              Description

 Imbal Hasil Aset                           11,48%          12,42%          13,46%           11,81%       9,73%            Return on Assets (ROA)

 Imbal Hasil Ekuitas                       32,09%          36,27%          36,38%          28,54%       26,67%             Return on Equity (ROE)

 Rasio Utang terhadap Aset                   0,72x           0,73x            0,71x          0,68x        0,72x         Debt to Assets Ratio (DAR)

 Rasio Utang terhadap Ekuitas                2,59x           2,75x            2,47x            2,11x      2,53x         Debt to Equity Ratio (DER)

 Rasio Margin Laba Bersih                  34,28%          36,33%           39,43%          35,41%       27,91%                  Net Profit Margin

 Gearing ratio                               2,42x           2,58x           2,25x            1,84x       2,16x                      Gearing ratio

 Rasio saldo piutang                      90,52%            87,34%         86,28%          90,53%       92,91%        Net financing receivables to
 pembiayaan neto terhadap                                                                                                              asset ratio
 jumlah aset

 Rasio piutang pembiayaan                   0,20%            0,01%           0,04%            0,11%      0,20%      Non-performing financing ratio
 bermasalah (“NPF”)-Neto                                                                                                              (“NPF”)-Net


Catatan | Note:
* Tidak dikonsolidasi sejak tanggal 1 Juli 2021 | Not consolidated since July 1, 2021




Ikhtisar Operasional
Operational Highlights




(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)
(Expressed in million Rupiah, unless otherwise stated)


               Uraian                      2025             2024            2023            2022         2021*              Description

 Jumlah Kontrak Aktif                    4.333.442         4.043.974      3.853.763       3.633.476     3.812.576           Total Active Contracts

 Jumlah Cabang                                  262              250             248             243         243                   Total Branches

 Jumlah Karyawan                               14.411          14.134          13.801          13.961     14.279                 Total Employees


Catatan | Note:
* Tidak dikonsolidasi sejak tanggal 1 Juli 2021 | Not consolidated since July 1, 2021




10         LAPORAN TAHUNAN | ANNUAL REPORT 2025
           PT Federal International Finance
Page 13
                                 Tinjauan Pendukung Bisnis              Analisa dan Pembahasan Manajemen                   Tata Kelola Perusahaan
                                    Business Support Review              Management Discussion and Analysis                 Corporate Governance




Kontrak Baru Berdasarkan Jenis Pembiayaan (Unit)
New Contract Based on Types of Financing (Unit)


              Uraian                    2025            2024         2023           2022            2021                   Description

 FIFASTRA                             1.645.427       1.685.217    1.601.954      1.249.074       1.222.815                          FIFASTRA
 Fasilitas Pembiayaan Sepeda                                                                                         Honda Motorcycle Financing
 Motor Honda                                                                                                                           Facilities

 DANASTRA                              1.628.126      1.422.919     1.426.187     1.364.336       1.278.736                          DANASTRA
 Fasilitas Pembiayaan Multiguna                                                                                           Multipurpose Financing
                                                                                                                                        Facilities

 SPEKTRA                                 57.575          84.632       93.481        114.040         114.264                          SPEKTRA
 Fasilitas Pembiayaan Konsumtif                                                                                     Consumer Financing Facilities

 FINATRA                                25.980           13.534       13.453          3.258                (*)                         FINATRA
 Fasilitas Pembiayaan Mikro                                                                                           Productive Micro Financing
 Produktif                                                                                                                              Facilities

 AMITRA                                 28.606           22.794        21.130        13.643           3.065                             AMITRA
 Fasilitas Pembiayaan Syariah                                                                                          Sharia Financing Facilities

 JUMLAH                               3.385.714     3.229.096      3.156.205      2.744.351      2.621.880                                 TOTAL


Catatan | Note:
*Diluncurkan pada tahun 2022 | Issued in 2022




Kontrak Baru Berdasarkan Jenis Pembiayaan (Rp Juta)
New Contract Based on Types of Financing (Rp Million)



              Uraian                    2025            2024         2023           2022            2021                    Description

 FIFASTRA                             30.447.225     29.881.996    26.915.325      21.369.231    21.208.203                          FIFASTRA
 Fasilitas Pembiayaan Sepeda                                                                                         Honda Motorcycle Financing
 Motor Honda                                                                                                                           Facilities

 DANASTRA                             17.006.255      14.136.824   13.415.423      12.436.241     9.886.686                          DANASTRA
 Fasilitas Pembiayaan Multiguna                                                                                           Multipurpose Financing
                                                                                                                                        Facilities

 SPEKTRA                                 308.834         423.197     450.875         703.556        675.550                          SPEKTRA
 Fasilitas Pembiayaan Konsumtif                                                                                     Consumer Financing Facilities

 FINATRA                                 897.904         914.743     1.049.714       309.501                  (*)                      FINATRA
 Fasilitas Pembiayaan Mikro                                                                                           Productive Micro Financing
 Produktif                                                                                                                              Facilities

 AMITRA                                  794.050        586.895      503.440         266.201          56.830                             AMITRA
 Fasilitas Pembiayaan Syariah                                                                                           Sharia Financing Facilities

 JUMLAH                              49.454.268     45.943.655     42.334.777    35.084.730      31.827.269                                TOTAL


Catatan | Note:
*Diluncurkan pada tahun 2022 | Issued in 2022




                                                                                     LAPORAN TAHUNAN | ANNUAL REPORT 2025
                                                                                               PT Federal International Finance               11
Page 14
   Ikhtisar Kinerja              Laporan Manajemen             Profil Perusahaan
   Performance Highlights        Management Report             Company Profile




Ikhtisar Saham
Shares Highlights




Kinerja Perdagangan Saham
Stock Trading Performance

Sebagai perusahaan tertutup, Perseroan tidak menyajikan         As a private company, the Company does not disclose
informasi mengenai jumlah saham yang beredar, kapitalisasi      information regarding the number of shares outstanding,
pasar, pergerakan harga saham (tertinggi, terendah, dan         market capitalization, share price movements (high, low, and
penutupan), maupun volume perdagangan saham di Bursa            closing), or trading volume on the stock exchange where the
Efek tempat saham tercatat.                                     shares are listed.


Kebijakan Suspensi dan Delisting Saham
Stock Suspension and Delisting Policy

Perseroan merupakan perusahaan tertutup yang tidak              The Company is a private company that does not trade shares
melakukan kegiatan perdagangan saham di bursa efek mana         on any stock exchange. As such, the Company has never been
pun. Dengan demikian, Perseroan tidak pernah mendapatkan        sanctioned by regulators for either a temporary suspension of
sanksi dari regulator terkait penghentian sementara             share trading or delisting.
perdagangan saham (suspension) maupun penghapusan
pencatatan saham (delisting).


Aksi Korporasi Terkait Saham
Corporate Actions Related to Shares

Perseroan tidak melakukan aksi korporasi berupa pemecahan       The Company did not conduct any corporate actions in the
saham (stock split), penggabungan saham (reverse stock),        form of stock splits, reverse stock splits, issuance or distribution
penerbitan atau pembagian dividen saham, maupun penerbitan      of stock dividends, or issuance of bonus shares, nor did it
saham bonus, serta tidak melakukan penurunan nilai nominal      reduce the nominal value of its shares. However, based on
saham. Namun demikian, berdasarkan keputusan Rapat              the resolution of the General Meeting of Shareholders (GMS)
Umum Pemegang Saham (RUPS) tanggal 21 April 2025, para          on April 21, 2025, the shareholders approved the distribution
pemegang saham menyetujui pembagian dividen final sebesar       of a final dividend of Rp1,480,640 million or Rp5,288 (in full
Rp1.480.640 juta atau Rp5.288 (Rupiah penuh) per saham biasa    rupiah) per common share sourced from the net profit for the
yang bersumber dari laba bersih tahun buku 2024. Sebagai        2024 fiscal year. Comparatively, in the previous year, based on
perbandingan, pada tahun sebelumnya, berdasarkan keputusan      the Annual GMS resolution dated April 19, 2024, the Company
RUPS Tahunan tanggal 19 April 2024, Perseroan membagikan        distributed a final dividend of Rp2,787,400 million or Rp9,955
dividen final sebesar Rp2.787.400 juta atau Rp9.955 (Rupiah     (in full rupiah) per common share from the net profit for the
penuh) per saham biasa dari laba bersih tahun buku 2023.        2023 fiscal year.




12        LAPORAN TAHUNAN | ANNUAL REPORT 2025
          PT Federal International Finance
Page 15
                             Tinjauan Pendukung Bisnis                 Analisa dan Pembahasan Manajemen                   Tata Kelola Perusahaan
                                Business Support Review                 Management Discussion and Analysis                 Corporate Governance




Ikhtisar Obligasi
Bonds Highlights




Pada tahun 2025, Perseroan menerbitkan 3 (tiga) jenis obligasi             In 2025, the Company issued three (3) types of new bonds,
baru, yaitu Obligasi Berkelanjutan VI Federal International                namely the VI Federal International Finance Shelf Registration
Finance dengan Tingkat Bunga Tetap Tahap V dengan nilai                    Bonds with Fixed Interest Rate Phase V with a nominal value of
nominal sebesar Rp2.500.000.000.000 (dua triliun lima ratus                Rp2,500,000,000,000 (two trillion five hundred billion Rupiah),
miliar Rupiah), Obligasi Berkelanjutan VII Federal International           Federal International Finance VII Shelf Registration Bonds
Finance dengan Tingkat Bunga Tetap Tahap I Tahun 2025                      with Fixed Interest Rate Phase I Year 2025 with a nominal
dengan nilai nominal sebesar Rp500.000.000.000,- (lima                     value of Rp500,000, 000,000 (five hundred billion Rupiah), and
ratus miliar Rupiah) dan Obligasi Berkelanjutan VII Federal                Federal International Finance VII Shelf Registration Bonds with
International Finance dengan Tingkat Bunga Tetap Tahap II Tahun            Fixed Interest Rate Phase II Year 2025 with a nominal value of
2025 dengan nilai nominal sebesar Rp2.500.000.000.000,-                    Rp2,500,000,000,000 (two trillion five hundred billion Rupiah).
(dua triliun lima ratus miliar Rupiah). Ketiga obligasi tersebut           Each of the three bonds is issued in two series, namely Series
masing-masing diterbitkan dalam dua seri, yaitu Seri A dan                 A and Series B.
Seri B.

Dengan diterbitkannya ketiga obligasi baru tersebut, daftar                With the issuance of these three new bonds, the following is
obligasi Perseroan yang masih beredar dan belum jatuh tempo                a list of the Company’s bonds that have not yet matured until
hingga 31 Desember 2025 adalah sebagai berikut:                            December 31, 2025:


                                        Tanggal
                                                                                                                                        Bursa
                                         Efektif
                                                                                Bunga                        Jangka      Jatuh       Pencatatan
                                      Penerbitan                                           Peringkat
      Jenis Obligasi         Seri                          Nilai Nominal       Obligasi                      Waktu      Tempo          Obligasi
                                       Effective                                            Obligasi
      Type of Bond          Series                         Nominal Value        Bond                          Time      Maturity        Bond
                                        Date of                                           Bond Rating
                                                                               Interest                      Period      Date           Listing
                                       Issuance
                                                                                                                                      Exchange

 Obligasi Berkelanjutan       B         27 Mei            1.964.777.000.000     6,80%       idAAA            36 bulan      24        Bursa Efek
 V Federal International                 2021                                             Pefindo dan           36      Februari     Indonesia
 Finance dengan Tingkat                 May 27,                                            AAA(idn)           months     2026           (BEI)
 Bunga Tetap Tahap V                     2021                                                 Fitch                     February     Indonesia
 Tahun 2023                                                                                                             24, 2026       Stock
                                                                                                                                     Exchange
 Federal International                                                                                                                  (IDX)
 Finance Continuance
 Bonds V with Fixed
 Interest Rate Phase V
 Year 2023




                                                                                    LAPORAN TAHUNAN | ANNUAL REPORT 2025
                                                                                              PT Federal International Finance               13
Page 16
  Ikhtisar Kinerja                  Laporan Manajemen                Profil Perusahaan
  Performance Highlights            Management Report                Company Profile




                                        Tanggal
                                                                                                                                 Bursa
                                         Efektif
                                                                            Bunga                      Jangka       Jatuh     Pencatatan
                                      Penerbitan                                          Peringkat
     Jenis Obligasi         Seri                         Nilai Nominal     Obligasi                    Waktu       Tempo        Obligasi
                                       Effective                                           Obligasi
     Type of Bond          Series                        Nominal Value      Bond                        Time       Maturity      Bond
                                        Date of                                          Bond Rating
                                                                           Interest                    Period       Date         Listing
                                       Issuance
                                                                                                                               Exchange

Obligasi Berkelanjutan       B         27 Juni      433.850.000.000          6,00%        idAAA        36 bulan     11 Juli   Bursa Efek
VI Federal International                2023                                              Pefindo         36        2026      Indonesia
Finance dengan Tingkat                 June 27,                                                         months     July 11,      (BEI)
Bunga Tetap Tahap I                     2023                                                                        2026      Indonesia
Tahun 2023                                                                                                                      Stock
                                                                                                                              Exchange
Federal International                                                                                                            (IDX)
Finance Continuance
Bonds VI with Fixed
Interest Rate Phase I
Year 2023

Obligasi Berkelanjutan       B         27 Juni          250.784.000.000      6,75%         idAAA       36 bulan        16     Bursa Efek
VI Federal International                2023                                               Pefindo        36      November    Indonesia
Finance dengan Tingkat                 June 27,                                                         months       2026        (BEI)
Bunga Tetap Tahap II                    2023                                                                      November    Indonesia
Tahun 2023                                                                                                         16, 2026     Stock
                                                                                                                              Exchange
Federal International                                                                                                            (IDX)
Finance Continuance
Bonds VI with Fixed
Interest Rate Phase II
Year 2023

Obligasi Berkelanjutan       B         27 Juni      890.563.000.000          6,55%         idAAA       36 bulan    2 April    Bursa Efek
VI Federal International                2023                                               Pefindo        36        2027      Indonesia
Finance Dengan Tingkat                 June 27,                                                         months     April 2,      (BEI)
Bunga Tetap Tahap III                   2023                                                                        2027      Indonesia
Tahun 2024                                                                                                                      Stock
                                                                                                                              Exchange
Federal International                                                                                                            (IDX)
Finance Continuance
Bonds VI with Fixed
Interest Rate Phase III
Year 2024

Obligasi Berkelanjutan       B         27 Juni      1.247.826.000.000        6,90%         idAAA       36 bulan        6      Bursa Efek
VI Federal International                2023                                               Pefindo        36      September   Indonesia
Finance Dengan Tingkat                 June 27,                                                         months      2027         (BEI)
Bunga Tetap Tahap IV                    2023                                                                      September   Indonesia
Tahun 2024                                                                                                         6, 2027      Stock
                                                                                                                              Exchange
Federal International                                                                                                            (IDX)
Finance Continuance
Bonds VI with Fixed
Interest Rate Phase IV
Year 2024




14       LAPORAN TAHUNAN | ANNUAL REPORT 2025
         PT Federal International Finance
Page 17
                             Tinjauan Pendukung Bisnis                 Analisa dan Pembahasan Manajemen                    Tata Kelola Perusahaan
                                Business Support Review                 Management Discussion and Analysis                  Corporate Governance




                                        Tanggal
                                                                                                                                         Bursa
                                         Efektif
                                                                                Bunga                        Jangka       Jatuh       Pencatatan
                                      Penerbitan                                           Peringkat
     Jenis Obligasi          Seri                          Nilai Nominal       Obligasi                      Waktu       Tempo          Obligasi
                                       Effective                                            Obligasi
     Type of Bond           Series                         Nominal Value        Bond                          Time       Maturity        Bond
                                        Date of                                           Bond Rating
                                                                               Interest                      Period       Date           Listing
                                       Issuance
                                                                                                                                       Exchange

Obligasi Berkelanjutan        A         27 Juni           1.640.195.000.000     6,40%        idAAA           370 Hari    26 April     Bursa Efek
VI Federal International                 2023                                                Pefindo         Kalender     2026        Indonesia
Finance Dengan Tingkat                  June 27,                                                               370       April 26,       (BEI)
Bunga Tetap Tahap V                      2023                                                                Calendar     2026        Indonesia
Tahun 2025                                                                                                     Days                     Stock
                                                                                                                                      Exchange
Federal International                                                                                                                    (IDX)
Finance Continuance
Bonds VI with Fixed           B         27 Juni           859.805.000.000       6,70%        idAAA           36 bulan    15 April     Bursa Efek
Interest Rate Phase V                    2023                                                Pefindo            36        2028        Indonesia
Year 2025                               June 27,                                                              months     April 15,       (BEI)
                                         2023                                                                             2028        Indonesia
                                                                                                                                        Stock
                                                                                                                                      Exchange
                                                                                                                                         (IDX)

Obligasi Berkelanjutan        A         26 Juni           112.067.000.000       6,15%       AAA(idn)         370 Hari     18 Juli     Bursa Efek
VII Federal International                2025                                                Fitch           Kalender     2026        Indonesia
Finance Dengan Tingkat                 June 26,                                                                370       July 18,        (BEI)
Bunga Tetap Tahap I                      2025                                                                Calendar     2026        Indonesia
Tahun 2025                                                                                                     Days                     Stock
                                                                                                                                      Exchange
Federal International                                                                                                                    (IDX)
Finance Continuance
Bonds VII with Fixed          B         26 Juni           387.933.000.000       6,55%       AAA(idn)         36 bulan      8 Juli     Bursa Efek
Interest Rate Phase I                    2025                                                Fitch              36        2028        Indonesia
Year 2025                              June 26,                                                               months      July 8,        (BEI)
                                         2025                                                                             2028        Indonesia
                                                                                                                                        Stock
                                                                                                                                      Exchange
                                                                                                                                         (IDX)

Obligasi Berkelanjutan        A         26 Juni       1.470.000.000.000         5,85%       AAA(idn)         370 Hari       22        Bursa Efek
VII Federal International                2025                                                Fitch           Kalender   September     Indonesia
Finance Dengan Tingkat                 June 26,                                                                370        2026           (BEI)
Bunga Tetap Tahap II                     2025                                                                Calendar   September     Indonesia
Tahun 2025                                                                                                     Days      22, 2026       Stock
                                                                                                                                      Exchange
Federal International                                                                                                                    (IDX)
Finance Continuance
Bonds VII with Fixed          B         26 Juni       1.030.000.000.000         6,15%       AAA(idn)         36 bulan        12       Bursa Efek
Interest Rate Phase II                   2025                                                Fitch              36      September     Indonesia
Year 2025                              June 26,                                                               months       2028          (BEI)
                                         2025                                                                           September     Indonesia
                                                                                                                         12, 2028       Stock
                                                                                                                                      Exchange
                                                                                                                                         (IDX)


Pada tahun 2025, Perseroan tidak menerbitkan efek-efek                     In 2025, the Company did not issue any other debt securities
bersifat utang lainnya di bursa mana pun selain Obligasi.                  on any exchange other than Bonds.




                                                                                    LAPORAN TAHUNAN | ANNUAL REPORT 2025
                                                                                              PT Federal International Finance                15
Page 18
   Ikhtisar Kinerja              Laporan Manajemen             Profil Perusahaan
   Performance Highlights        Management Report             Company Profile




Peringkat Perusahaan
Corporate Ratings




Perseroan berusaha menjaga kredibilitas dan tingkat             The Company strives to maintain its credibility and market
kepercayaan pasar melalui proses pemeringkatan oleh lembaga     confidence through the rating process conducted by
pemeringkat independen. Pada tahun pelaporan, Perseroan         independent rating agencies. In the reporting year, the Company
memperoleh hasil pemeringkatan dari PT Pemeringkat Efek         obtained ratings from PT Pemeringkat Efek Indonesia (Pefindo),
Indonesia (Pefindo), PT Fitch Ratings Indonesia, dan Moody’s    PT Fitch Ratings Indonesia, and Moody’s Ratings, with the
Ratings, dengan hasil sebagai berikut:                          following results:


      Lembaga Pemeringkat          Tanggal Pemeringkatan            Kriteria Pemeringkatan                Peringkat
         Rating Agencies               Date of Rating                   Criteria of Rating                 Rating

 PT Pemeringkat Efek Indonesia          7 Maret 2025                   Corporate Rating             idAAA/Stable (Triple A;
 (PEFINDO)                              March 7, 2025                                                  Stable Outlook)

PT Fitch Ratings Indonesia            28 Agustus 2025              Peringkat nasional jangka    BBB/AAA(idn) (Outlook Stable)
                                      August 28, 2025                      Panjang
                                                                  Long-term national ranking

Moody’s Ratings                       5 November 2025                  Corporate Rating             Baa2 (Outlook Stable)
                                      November 5, 2025




16        LAPORAN TAHUNAN | ANNUAL REPORT 2025
          PT Federal International Finance
Page 19
                               Tinjauan Pendukung Bisnis              Analisa dan Pembahasan Manajemen              Tata Kelola Perusahaan
                                  Business Support Review              Management Discussion and Analysis            Corporate Governance




Penghargaan dan Sertifikasi
Awards and Certifications




 Penghargaan
 Awards



                 Nama Penghargaan                            Ajang Penghargaan                  Tanggal              Penyelenggara
                  Name of Awards                                Award Event                      Date                  Organizer

PT Federal International Finance (FIFGROUP) dengan            Warta Ekonomi Best            25 Januari 2025          Warta Ekonomi
kategori Multifinance sebagai Best Public Relations          Public Relations 2025         January 25, 2025
2025 in Driving Community Awareness through
Educational Talk Shows and Events

PT Federal International Finance (FIFGROUP) in the
Multifinance category as Best Public Relations 2025
in Driving Community Awareness through Educational
Talk Shows and Events

Penghargaan untuk Komitmen Berkelanjutan dengan             Astra Corporate Affairs        03 Februari 2025              PT Astra
program FIFriendibility                                          Awards 2024               February 3, 2025         International Tbk.

Award for Sustainable Commitment with the
FIFriendibility program

Juara 3 kategori Astra Green Company (AGC) sub              Astra Corporate Affairs        03 Februari 2025              PT Astra
kategori Safety and Occupational Health                          Awards 2024               February 3, 2025         International Tbk.

3rd place in the Astra Green Company (AGC) category,
subcategory Safety and Occupational Health

Juara 3 kategori Communication Initiatives sub              Astra Corporate Affairs        03 Februari 2025              PT Astra
kategori Media Engagement Initiatives                            Awards 2024               February 3, 2025         International Tbk.

3rd place in the Communication Initiatives category,
subcategory Media Engagement Initiatives

Juara 3 sub kategori Digital Public                         Astra Corporate Affairs        03 Februari 2025              PT Astra
Engagement Initiatives.                                          Awards 2024               February 3, 2025         International Tbk.

3rd place in subcategory Digital Public
Engagement Initiatives.

Best Women Empowerment Company 2025 in                          Best Women                 11 Februari 2025          HerStory - Warta
Creating Safe and Inclusive Work Environments for           Empowerment Company            February 11, 2025            Ekonomi
Women kategori Multifinance                                     Awards 2025

Indonesia Best Digital Awards 2025 in Multifinance             Indonesia Digital           18 Februari 2025      Plus Idea Komunika dan
for the Development of User-Friendly Mobile App and          Sustainability Awards         February 18, 2025              JAKTV
Solid Cybersecurity                                                 2025

FIFASTRA mendapat Gold Trophy pada kategori                   WOW Brand 2025               26 Februari 2025       MarkPlus, Inc. bersama
Motorcycle Leasing                                                                         February 26, 2025         Marketeers dan
                                                                                                                   Indonesia Marketing
FIFASTRA received the Gold Trophy in the Motorcycle                                                                  Association (IMA)
Leasing category.




                                                                                      LAPORAN TAHUNAN | ANNUAL REPORT 2025
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  Ikhtisar Kinerja                    Laporan Manajemen                Profil Perusahaan
  Performance Highlights              Management Report                Company Profile




                  Nama Penghargaan                           Ajang Penghargaan                 Tanggal           Penyelenggara
                   Name of Awards                               Award Event                     Date               Organizer

Indonesia Best 50 CEO Awards 2025 “Employees                  Indonesia 50 CEO             18 Maret 2025      The Iconomics Media
Choice 6th Anniversary Kategori Multifinance                    Awards 2025                March 18, 2025      dan Axia Research

PT Federal International Finance - US$60 Million              The Asset Triple A           19 Maret 2025            The Asset
Sustainability Loan - Best Sustainability Loan Indonesia           Awards                  March 19, 2025

Top Digital Corporate Brand Award 2025 Kategori              Top Digital Corporate         20 Maret 2025     InfoEkonomi.ID dan TRAS
Pembiayaan                                                    Brand Award 2025             March 20, 2025         N CO Indonesia

Top Digital Corporate Brand Award 2025 Financing
Category

"Indonesia Top Financial Woman Leaders 2025 in             Indonesia Top Financial          25 April 2025        HerStory - Warta
Developing Effective Communication and Capable              Woman Leaders 2025              April 25, 2025          Ekonomi
Organization" untuk kategori Multifinance

Indonesia's Top Female Financial Leaders 2025 in
Developing Effective Communication and Capable
Organizations for the Multifinance category



FIFGROUP sebagai penerima penghargaan 7th                  7th Indonesia CSR Brand          29 April 2025        The Iconomics
Indonesia CSR Brand Equity Awards 2025 In Multi              Equity Awards 2025             April 29, 2025
Finance Category

FIFGROUP as the recipient of the 7th Indonesia
CSR Brand Equity Awards 2025 in the Multi Finance
Category

Marketeers OMNI Brands of The Year 2025 kategori           Marketeers OMNI Brands            3 Juni 2025         The Marketeers
Cross-Channel Community Building                              of The Year 2025              June 3, 2025

Marketeers OMNI Brands of The Year 2025 with the
Category Cross-Channel Community Building

FIFGROUP is a recipient of the HR Asia Most Caring            HR Asia - Best                 23 Juni 2025            HR Asia
Company Awards 2025                                        Companies to Work For            June 23, 2025
                                                               in Asia 2025

FIFGROUP is a recipient of the HR Asia Best                   HR Asia - Best                 23 Juni 2025            HR Asia
Companies to Work for in Asia 2025 - Indonesia 2025        Companies to Work For            June 23, 2025
                                                               in Asia 2025

FIFGROUP is a recipient of the HR Asia Tech                   HR Asia - Best                 23 Juni 2025            HR Asia
Empowerment Awards 2025                                    Companies to Work For            June 23, 2025
                                                               in Asia 2025

Indonesia Best Consumer Financing Industry for               Industry Award 2025             24 Juli 2025      Warta Ekonomi dan
Optimizing Opportunity to Encourage the Growth of                                           July 24, 2025        Industry.co.id
Financing Disbursement

The Excellent Performance Multifinance Company              Apresiasi 21st Infobank        01 Agustus 2025          Infobank
Asset Class > 10 Trillion                                  Multifinance Appreciation        August 1, 2025
                                                                     2025

Ibu Sri Harjati sebagai Popular PR Person kategori           Indonesia PR Awards           08 Agustus 2025       The Iconomics
Multifinance                                                        2025                    August 8, 2025

Mrs. Sri Harjati as Popular PR Person in the
Multifinance category




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                               Tinjauan Pendukung Bisnis               Analisa dan Pembahasan Manajemen              Tata Kelola Perusahaan
                                  Business Support Review               Management Discussion and Analysis            Corporate Governance




                 Nama Penghargaan                             Ajang Penghargaan                  Tanggal               Penyelenggara
                  Name of Awards                                 Award Event                      Date                   Organizer

FIFGROUP sebagai 6th PR Popular Companies Awards             Indonesia PR Awards             08 Agustus 2025           The Iconomics
2025 Multifinance Category                                          2025                      August 8, 2025

FIFGROUP as 6th PR Popular Companies Awards
2025 Multifinance Category

Industry Marketing Champion 2025 Kategori                     Industry Marketing             8 Agustus 2025            MarkPlus, Inc.
Multifinance                                                   Champion 2025                 August 8, 2025

Industry Marketing Champion 2025 Multifinance
Category

Indonesia PR Program of The Year 2025 (Board of             Awarding Indonesia PR            14 Agustus 2025        Mix Marcomm - SWA
Judges Assessment)                                            of The Year 2024               August 14, 2025              Media
Kategori : MEDIA RELATIONS PROGRAM

Indonesia PR Program of The Year 2025 (Board of
Judges Assessment)
Category : MEDIA RELATIONS PROGRAM

Indonesia PR Program of The Year 2025 (Board of             Awarding Indonesia PR            14 Agustus 2025        Mix Marcomm - SWA
Judges Assessment)                                            of The Year 2024               August 14, 2025              Media
Kategori : ESG CAMPAIGN PROGRAM

Indonesia PR Program of The Year 2025 (Board of
Judges Assessment)
Category : ESG CAMPAIGN PROGRAM

Indonesia PR Program of The Year 2025 (Based on             Awarding Indonesia PR            14 Agustus 2025        Mix Marcomm - SWA
Engagement Index)                                             of The Year 2024               August 14, 2025              Media
Kategori: MEDIA RELATIONS

Indonesia PR Program of The Year 2025 (Based on
Engagement Index)
Category: MEDIA RELATIONS

Indonesia Best Multifinace 2025 for Strengthening               Indonesia Best               27 Agustus 2025           Warta Ekonomi
Portfolio Performance through Interactive Marketing           Multifinance Awards            August 27, 2025
Strategy (Category: Total Assets Above 30 Trillion)                   2025

Pak Siswadi sebagai The Most Commited GRC Leader                TOP GRC 2025                8 September 2025            TopBusiness
2025
                                                                                            September 8, 2025
Mr. Siswadi as the Most Committed GRC Leader 2025

FIFGROUP sebagai TOP GRC Awards 2025 (Bintang 4)                TOP GRC 2025                8 September 2025            TopBusiness
                                                                                            September 8, 2025
FIFGROUP won TOP GRC Awards 2025 (4 Stars)

Platinum Winner of Design Thinking                          Continuous Improvement         21 September 2025        Productivity & Quality
                                                             Convention (CIC) 2025         September 21, 2025        Management (PQM)
                                                                                                                        Consultants

FIFASTRA sebagai Indonesia Most Reputable                       Indonesia Most             23 September 2025          Majalah SWA dan
Companies Award 2025                                         Reputable Companies           September 23, 2025         Business Digest
                                                                  Award 2025
FIFASTRA won Indonesia's Most Reputable Companies
Award 2025

Best Social Contribution Reputation in Multifinance         Indonesia Best Financial         9 Oktober 2025            The Iconomics
>40T Category                                                    Awards 2025                 October 9, 2025




                                                                                       LAPORAN TAHUNAN | ANNUAL REPORT 2025
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  Ikhtisar Kinerja                    Laporan Manajemen                 Profil Perusahaan
  Performance Highlights              Management Report                 Company Profile




                  Nama Penghargaan                          Ajang Penghargaan                    Tanggal           Penyelenggara
                   Name of Awards                              Award Event                        Date               Organizer

3rd Indonesia 20 Most Innovative CFO Awards 2025          20 Most Innovative CFO             9 Oktober 2025         The Iconomics
                                                              Awards 2025                    October 9, 2025

Indonesia Corporate Sustainability Initiatives 2025         Indonesia Corporate             16 Oktober 2025      Mix Marcomm - SWA
Kategori Social Marketing (Editor Assesment)               Sustainability Initiatives       October 16, 2025           Media
                                                                 (CSI) 2025
Indonesia Corporate Sustainability Initiatives 2025 in
the Category of Social Marketing (Editor Assesment)

Multifinance Company Category with Assets Above             The Best Performing             28 Oktober 2025          The Finance
Rp10 Trillion                                             Multifinance 2025 Based           October 28, 2025
                                                          on Financial Performance
                                                                  2022-2024

The Most Empowering Company for Business                   Anugerah Penggerak               29 Oktober 2025     Goodmoney.id & IPEMI
Growth Sustainability and Entrepreneurship Skills         UMKM Indonesia 2025               October 29, 2025      (Ikatan Pengusaha
Development kategori Multifinance                         2025 Indonesian MSME                                   Muslimah Indonesia)
                                                           Driving Force Award
The Most Empowering Company for Business
Growth Sustainability and Entrepreneurship Skills
Development in Multifinance Category

Indonesia Sustainable Synergy Awards 2025                   Indonesia Sustainable           30 Oktober 2025     Plus Idea Komunika dan
for Effective Pollution Control and Livelihoods                   Synergy                   October 30, 2025        netralnews.com
Improvement Programs kategori Multifinance                   Awards and Top CEO
                                                           in SDGs Changemaker
Indonesia Sustainable Synergy Awards 2025                       Awards 2025
for Effective Pollution Control and Livelihoods
Improvement Programs in Multifinance Category

Best Chief Marketing Officer 2025 in Enhancing              Indonesia Best CMO               31 Oktober 2025        Warta Ekonomi
Customer Value through Customer-Oriented Financing             Awards 2025                   October 31, 2025
Solutions Category Multifinance

Best Chief Marketing Officer 2025 in Enhancing
Customer Value through Customer-Oriented Financing
Solutions in Multifinance Category

Penganugerahan Penghargaan K3 Perkantoran &                   Peringatan Hari               10 November 2025      Walikota Surabaya
GP2SP Provinsi Jawa Timur                                        Pahlawan
                                                                Heroes' Day                 November 10, 2025
Award Ceremony for Office K3 & GP2SP East Java                Commemoration
Province

Women in SDGs Action Award 2025: Perempuan dan             Women in SDGs Action             11 November 2025       Bisnis Indonesia
Kemandirian: Ibu Sri Harjati                                  Award 2025                    November 11, 2025

Women in SDGs Action Award 2025: Women and
Independence: Mrs. Sri Harjati




20       LAPORAN TAHUNAN | ANNUAL REPORT 2025
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                                Tinjauan Pendukung Bisnis                Analisa dan Pembahasan Manajemen            Tata Kelola Perusahaan
                                   Business Support Review                Management Discussion and Analysis          Corporate Governance




                 Nama Penghargaan                              Ajang Penghargaan                   Tanggal            Penyelenggara
                  Name of Awards                                  Award Event                       Date                Organizer

FIFGROUP Cabang Surabaya sebagai anggota                         Job Fair khusus            25 November 2025       Gubernur Jawa Timur -
Forum CSR Jawa Timur yang aktif berkontribusi                 penyandang disabilitas        November 25, 2025     Pemerintah Daerah Jawa
dalam mendukung pembangunan dan kesejahteraan                   yang digelar oleh                                          Timur
masyarakat di Jawa Timur                                         Pemerintah Kota
                                                             (Pemkot) Surabaya serta
FIFGROUP Surabaya Branch, as a member of the East            Dinas Perindustrian dan
Java CSR Forum, actively contributes to supporting                Tenaga Kerja
development and community welfare in East Java
                                                              Job Fair specifically for
FIFGROUP Cabang Surabaya mendapat apresiasi atas              people with disabilities      25 November 2025       Gubernur Jawa Timur -
partisipasi dalam kegiatan Job Fair Disabilitas Kota           held by the Surabaya         November 25, 2025     Pemerintah Daerah Jawa
Surabaya Tahun 2025                                          City Government and the                                       Timur
                                                             Industry and Manpower
FIFGROUP Surabaya Branch received appreciation for                     Office
its participation in the 2025 Surabaya City Disability
Job Fair

Ibu Sri Harjati, Human Capital, General Support,               Indonesia Corporate          28 November 2025      Corporate Forum for CSR
Environmental Social Responsibility and Sustainability         Sustainability Award         November 28, 2025      Development (CFCD)
Director (PT Federal International Finance), yang telah               2025
berhasil meraih penghargaan Outstanding Leaders in
Sustainability

Mrs. Sri Harjati, Human Capital, General Support,
Environmental Social Responsibility and Sustainability
Director (PT Federal International Finance), has
successfully won the Outstanding Leaders in
Sustainability award

Gold pada kategori Diveristy, Equity, and Inclusion            Indonesia Corporate          28 November 2025      Corporate Forum for CSR
Excellence                                                     Sustainability Award         November 28, 2025      Development (CFCD)
                                                                      2025
Gold in the Diversity, Equity, and Inclusion Excellence
category

Silver pada kategori Sustainability Report &                   Indonesia Corporate          28 November 2025      Corporate Forum for CSR
Communication Excellence                                       Sustainability Award         November 28, 2025      Development (CFCD)
                                                                      2025
Silver in the Sustainability Report & Communication
Excellence category

Bronze pada kategori Decarbonization Excellence                Indonesia Corporate          28 November 2025      Corporate Forum for CSR
                                                               Sustainability Award         November 28, 2025      Development (CFCD)
Bronze in the Decarbonization Excellence category                     2025

Bronze pada kategori Health, Safety, & Wellbeing               Indonesia Corporate          28 November 2025      Corporate Forum for CSR
Excellence                                                     Sustainability Award         November 28, 2025      Development (CFCD)
                                                                      2025
Bronze in the Health, Safety, & Wellbeing Excellence
category

Bronze pada kategori Best Education Development in             Indonesia Corporate          28 November 2025      Corporate Forum for CSR
Local Community                                                Sustainability Award         November 28, 2025      Development (CFCD)
                                                                      2025
Bronze in the Best Education
Development in Local Community category




                                                                                       LAPORAN TAHUNAN | ANNUAL REPORT 2025
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  Ikhtisar Kinerja                     Laporan Manajemen             Profil Perusahaan
  Performance Highlights               Management Report             Company Profile




                  Nama Penghargaan                          Ajang Penghargaan                Tanggal                    Penyelenggara
                   Name of Awards                              Award Event                    Date                        Organizer

Penganugerahan Penghargaan K3 Perkantoran &                   Peringatan Hari            3 December 2025              Walikota Surabaya
GP2SP Provinsi Jawa Timur                                   Kesehatan Nasional           December 3, 2025
                                                            National Health Day
K3 Perkantoran & GP2SP East Java Province Award

Disway Awards 2025 - Anugerah Brand Populer                Disway Awards 2025            4 December 2025                   Disway
Indonesia dalam Kategori Jasa Keuangan Multifinance                                      December 4, 2025

Disway Awards 2025 - Indonesian Popular Brand
Award in the Multifinance Financial Services Category

Pak Siswadi sebagai CEO of the Year 2025                   Infobank TOP 100 CEO          8 December 2025             Infobank Media Group
                                                           2025 & 200 THE NEXT           December 8, 2025
Mr. Siswadi as CEO of the Year 2025                           FUTURE LEADERS

Pak Daniel Hartono sebagai Infobank 200 THE NEXT           Infobank TOP 100 CEO          8 December 2025             Infobank Media Group
FUTURE LEADERS                                             2025 & 200 THE NEXT           December 8, 2025
                                                              FUTURE LEADERS
Mr. Daniel Hartono as Infobank 200 THE NEXT
FUTURE LEADERS




Sertifikasi
Certifications



                            Nama Sertifikat                                                     Jenis Sertifikasi
                           Name of Certificate                                                 Type of Certificate

ISO 27001:2013                                                       Sistem Manajemen Keamanan Informasi (SMKI)
                                                                     Information Security Management System (ISMS)

ISO 37001:2016                                                       Sistem Manajemen Anti Penyuapan (SMAP)
                                                                     Anti-Bribery Management System (ABMS)




22       LAPORAN TAHUNAN | ANNUAL REPORT 2025
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                              Tinjauan Pendukung Bisnis             Analisa dan Pembahasan Manajemen           Tata Kelola Perusahaan
                                 Business Support Review             Management Discussion and Analysis         Corporate Governance




Peristiwa Penting Tahun 2025
Important Events in 2025




                                                                                         JANUARI | JANUARY

                                                                                 FIFGROUP Dukung Pendidikan
                                                                                 448 Anak Karyawan se-Indonesia
                                                                                 Terima Beasiswa Prestasi
                                                                                 FIFGROUP Supports Education 448
                                                                                 Children of Employees Across Indonesia
                                                                                 Receive Achievement Scholarships




FIFGROUP melalui pilar CSR FIFGROUP Pintar menyalurkan                FIFGROUP, through its CSR pillar FIFGROUP Pintar, distributed
Program Beasiswa Ceria kepada 448 anak karyawan berprestasi           the Ceria Scholarship Program to 448 children of outstanding
di seluruh Indonesia. Program yang telah berjalan sejak 2013          employees across Indonesia. The program, which has been
ini mencatat lebih dari 2.050 pendaftar, meningkat 23%                ongoing since 2013, has recorded more than 2,050 applicants,
dibandingkan tahun sebelumnya. Beasiswa diberikan kepada              representing a 23% increase compared to the previous year.
penerima dari jenjang SD hingga Perguruan Tinggi, dengan total        Scholarships are awarded to beneficiaries from elementary
nilai bantuan pendidikan yang disesuaikan berdasarkan jenjang         school through university, with the total value of educational
pendidikan. Inisiatif ini sekaligus mendukung pencapaian              assistance adjusted according to each level of education. This
Tujuan Pembangunan Berkelanjutan (SDGs) Nomor 4 tentang               initiative supports the achievement of Sustainable Development
Pendidikan Berkualitas (Quality Education).                           Goal (SDG) No. 4: Quality Education.




                                                                                         JANUARI | JANUARY

                                                                                 600 UMKM dari 30 Kota Antusias Ikuti
                                                                                 Program Inkubasi Sahabat FINATRA
                                                                                 600 MSMEs from 30 Cities Enthusiastically
                                                                                 Participate in the Sahabat FINATRA
                                                                                 Incubation Program




FIFGROUP melalui program inkubasi Sahabat FINATRA                     FIFGROUP, through the Sahabat FINATRA incubation program,
mendukung penguatan kapasitas 600 UMKM dari 30                        supports the capacity building of 600 MSMEs from 30 cities in
kota di Indonesia melalui pelatihan, mentoring, dan akses             Indonesia through training, mentoring, and access to capital.
permodalan. Pada tahun 2024, program ini mencatat 1.357               In 2024, the program recorded 1,357 registrants, an increase
pendaftar, meningkat lebih dari 2,5 kali lipat dibandingkan tahun     of more than 2.5 times compared to the previous year. This
sebelumnya. Inisiatif ini selaras dengan Tujuan Pembangunan           initiative supports the achievement of Sustainable Development
Berkelanjutan (SDGs) No. 8 tentang Pekerjaan Layak dan                Goal (SDG) No. 8 on Decent Work and Economic Growth.
Pertumbuhan Ekonomi.


                                                                                 LAPORAN TAHUNAN | ANNUAL REPORT 2025
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   Ikhtisar Kinerja              Laporan Manajemen             Profil Perusahaan
   Performance Highlights        Management Report             Company Profile




    FEBRUARI | FEBRUARY

FIFGROUP Raih Penghargaan
Best Women Empowerment
Company Awards 2025
FIFGROUP Wins Best Women
Empowerment Company Awards 2025




FIFGROUP meraih Best Women Empowerment Company Awards           FIFGROUP won the Best Women Empowerment Company
2025 kategori Multifinance dari HerStory atas komitmennya       Awards 2025 in the Multifinance category from HerStory for its
dalam menciptakan lingkungan kerja yang aman dan inklusif       commitment to creating a safe and inclusive work environment
bagi perempuan. Penghargaan ini diberikan berdasarkan           for women. This award was given based on an assessment
penilaian terhadap kepemimpinan, praktik kesetaraan gender,     of leadership, gender equality practices, women’s economic
pemberdayaan ekonomi perempuan, pemanfaatan teknologi           empowerment, the use of digital technology, as well as
digital, serta transparansi dan pelaporan perusahaan.           corporate transparency and reporting.




    FEBRUARI | FEBRUARY

FIFGROUP Receives the Indonesia
Digital Sustainability Awards 2025
FIFGROUP Receives the Indonesia
Digital Sustainability Awards 2025




FIFGROUP meraih Indonesia Digital Sustainability Awards         FIFGROUP won the Indonesia Digital Sustainability Awards
(IDSA) 2025 kategori Multifinance atas pengembangan aplikasi    (IDSA) 2025 in the Multifinance category for developing a
mobile yang ramah pengguna serta sistem keamanan siber          user-friendly mobile application and a reliable cybersecurity
yang andal. Penghargaan ini diberikan sebagai apresiasi atas    system. This award was given in appreciation of the consistent
penerapan efisiensi, transparansi, dan keberlanjutan digital    implementation of efficiency, transparency, and digital
yang konsisten dalam mendukung ketahanan dan pertumbuhan        sustainability in supporting long-term business resilience
bisnis jangka panjang.                                          and growth.




24        LAPORAN TAHUNAN | ANNUAL REPORT 2025
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                            Tinjauan Pendukung Bisnis           Analisa dan Pembahasan Manajemen            Tata Kelola Perusahaan
                               Business Support Review           Management Discussion and Analysis          Corporate Governance




                                                                                   FEBRUARI | FEBRUARY

                                                                             FIFGROUP Meraih Dua Penghargaan
                                                                             Gold di WOW Brand Award 2025
                                                                             FIFGROUP Wins Two Gold Awards
                                                                             at the WOW Brand Award 2025




FIFGROUP meraih 2 (dua) penghargaan Gold pada ajang               FIFGROUP won 2 (two) Gold awards at the WOW Brand Award
WOW Brand Award 2025 melalui merek FIFASTRA (kategori             2025 through its FIFASTRA brand (Motorcycle Leasing category)
Motorcycle Leasing) dan SPEKTRA (kategori Multi-Finance).         and SPEKTRA brand (Multi-Finance category). These awards
Penghargaan ini diberikan berdasarkan hasil survei nasional       were given based on the results of a national survey of 300–
terhadap 300–500 responden per kategori dan mencerminkan          500 respondents per category and reflect the Company’s
keberhasilan Perseroan dalam membangun brand yang kuat,           success in building a strong, relevant brand that is top of mind
relevan, dan menjadi top of mind masyarakat.                      for the public.




                                                                                        MARET | MARCH

                                                                             Dukung Kesehatan Masyarakat,
                                                                             FIFGROUP Resmikan Kampung
                                                                             Sehat Kedua di Jakarta Selatan
                                                                             Supporting Public Health, FIFGROUP
                                                                             Inaugurates Second Kampung
                                                                             Sehat in South Jakarta




FIFGROUP meresmikan Kampung Sehat FIFGROUP kedua di               FIFGROUP inaugurated its second FIFGROUP Kampung
Kelurahan Pondok Labu, Jakarta Selatan, melalui pembangunan       Sehat in Pondok Labu Subdistrict, South Jakarta, through the
Instalasi Pengolahan Air Limbah (IPAL) Komunal berbasis           construction of a Community Wastewater Treatment Plant
Sanitasi Total Berbasis Masyarakat (STBM). Program ini            (IPAL) based on Community-Based Total Sanitation (STBM). This
memberikan akses sanitasi layak bagi 47 Kepala Keluarga (KK)      program provides access to proper sanitation for 47 households
serta mendukung Sustainable Development Goals (SDGs) No.          and supports Sustainable Development Goals (SDGs) No. 3 on
3 tentang Kehidupan Sehat dan Sejahtera dan No. 6 tentang         Good Health and Well-being and No. 6 on Clean Water and
Air Bersih dan Sanitasi Layak. Implementasi Kampung Sehat         Sanitation. The implementation of the FIFGROUP Kampung
FIFGROUP mencerminkan komitmen berkelanjutan Perseroan            Sehat program reflects the Company’s ongoing commitment
dalam menciptakan nilai sosial jangka panjang, memperkuat         to creating long-term social value, strengthening community
ketahanan kesehatan masyarakat, serta mendorong                   health resilience, and promoting the development of a more
pembangunan lingkungan yang lebih inklusif dan berkelanjutan.     inclusive and sustainable environment.




                                                                             LAPORAN TAHUNAN | ANNUAL REPORT 2025
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   Ikhtisar Kinerja                 Laporan Manajemen               Profil Perusahaan
   Performance Highlights           Management Report               Company Profile




                                                                                         MARET | MARCH

                                                                                FIF Raih Triple A Awards
                                                                                Sustainable Finance 2025
                                                                                FIF Wins Triple A Awards
                                                                                Sustainable Finance 2025




FIFGROUP meraih penghargaan Best Sustainability Loan                 FIFGROUP won the Best Sustainability Loan Indonesia award
Indonesia pada ajang The Asset Triple A Awards Sustainable           at The Asset Triple A Awards Sustainable Finance 2025 for
Finance 2025 atas penerbitan pinjaman berkelanjutan senilai          issuing a sustainable loan worth US$60 million. This financing
US$60 juta. Fasilitas pembiayaan ini dialokasikan untuk proyek       facility is allocated for green projects such as electric vehicles,
hijau seperti kendaraan listrik, sepeda listrik, dan panel surya,    electric bicycles, and solar panels, as well as social projects
serta proyek sosial yang mendukung UMKM, penyandang                  that support MSMEs, people with disabilities, and women, as
disabilitas, dan perempuan, sebagai bagian dari komitmen             part of the Company’s commitment to sustainable finance and
Perseroan terhadap keuangan berkelanjutan dan penanganan             climate change mitigation.
perubahan iklim.




                                                                                         MARET | MARCH

                                                                                FIFGROUP Peduli Berbagi Takjil,
                                                                                Tebarkan Kebaikan dalam
                                                                                di Bulan Suci Ramadan
                                                                                FIFGROUP Peduli: Sharing Takjil, Spreading
                                                                                Kindness in the Holy Month of Ramadan




FIFGROUP melalui program FIFGROUP Peduli Berbagi Takjil              Through the FIFGROUP Peduli: Sharing Takjil 2025 program,
2025 menyalurkan 14.940 paket takjil kepada masyarakat yang          FIFGROUP distributed 14,940 takjil packages to communities
tersebar di lebih dari 247 cabang dari Sabang hingga Merauke,        across more than 247 branches from Sabang to Merauke, with
dengan total nilai bantuan lebih dari Rp360 juta. Kegiatan ini       a total value of over Rp360 million. This initiative is part of the
merupakan bagian dari inisiatif Corporate Social Responsibility      company’s Corporate Social Responsibility (CSR) efforts and
(CSR) sekaligus peringatan HUT ke-36 FIFGROUP, serta sebagai         marks the 36th anniversary of FIFGROUP, as well as reflecting
wujud komitmen Perseroan dalam menebarkan manfaat dan                the company’s commitment to spreading benefits and social
kepedulian sosial di bulan suci Ramadan.                             responsibility during the holy month of Ramadan.




26        LAPORAN TAHUNAN | ANNUAL REPORT 2025
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                             Tinjauan Pendukung Bisnis           Analisa dan Pembahasan Manajemen             Tata Kelola Perusahaan
                                Business Support Review           Management Discussion and Analysis           Corporate Governance




                                                                                           APRIL | APRIL

                                                                              Direktur FIFGROUP Terima Award
                                                                              Top Financial Woman Leaders 2025
                                                                              FIFGROUP Director Receives Top Financial
                                                                              Woman Leaders 2025 Award




FIFGROUP kembali meraih apresiasi di ajang Indonesia Top           FIFGROUP has once again received recognition at the Indonesia
Financial Woman Leaders 2025, di mana Direktur FIFGROUP,           Top Financial Woman Leaders 2025 event, where FIFGROUP
Sri Harjati, dianugerahi penghargaan pada kategori Developing      Director Sri Harjati was awarded in the Developing Effective
Effective Communication and Capable Organization sektor            Communication and Capable Organization category in the
Multifinance. Penghargaan tersebut diterima secara perwakilan      Multifinance sector. The award was accepted on behalf of
oleh manajemen FIFGROUP, sebagai pengakuan atas                    FIFGROUP management as recognition of female leadership
kepemimpinan perempuan yang mendorong komunikasi                   that promotes effective communication, collaboration, and the
efektif, kolaborasi, dan penguatan organisasi yang adaptif di      strengthening of adaptive organizations in the financial industry.
industri keuangan.




                                                                                           APRIL | APRIL

                                                                              FIFGROUP Nobatkan Guru Penggerak
                                                                              Literasi Keuangan sebagai Duta
                                                                              MENYALA di Teacher Summit 2025
                                                                              FIFGROUP Names Financial Literacy
                                                                              Teachers as MENYALA Ambassadors
                                                                              at Teacher Summit 2025




FIFGROUP menggelar Teacher Summit 2025 dan menobatkan              FIFGROUP held the Teacher Summit 2025 and appointed
36 Guru Penggerak Literasi Keuangan sebagai Duta MENYALA,          36 Financial Literacy Teachers as MENYALA Ambassadors,
sebagai bentuk apresiasi atas kontribusi aktif mereka dalam        as a form of appreciation for their active contribution to the
Program Menyuarakan Literasi Melalui Aksi (MENYALA)                Voice Literacy Through Action (MENYALA) Program throughout
sepanjang 2024. Hingga akhir 2024, program CSR pilar               2024. By the end of 2024, this CSR program, which is one of
FIFGROUP Pintar ini telah memberikan manfaat kepada                FIFGROUP’s Pintar had benefited 5,056 teachers and 14,512
5.056 guru dan 14.512 siswa dari lebih dari 200 sekolah di         students from more than 200 schools throughout Indonesia,
seluruh Indonesia, serta mendukung SDGs No. 4 (Pendidikan          as well as supporting SDGs No. 4 (Quality Education), No. 8
Berkualitas), No. 8 (Pekerjaan Layak dan Pertumbuhan Ekonomi),     (Decent Work and Economic Growth), and No. 10 (Reduced
dan No. 10 (Pengurangan Ketimpangan).                              Inequalities).




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                                                                                        JUNI | JUNE

                                                                             Berbagi Berkah Idul Adha:
                                                                             FIFGROUP Tebar 4 Sapi dan 497
                                                                             Kambing Hingga Pelosok Negeri
                                                                             Sharing Eid al-Adha Blessings:
                                                                             FIFGROUP Distributes 4 Cows and
                                                                             497 Goats Across the Country




FIFGROUP melalui program FIFGROUP Peduli Tebar Kurban             Through its FIFGROUP Peduli Tebar Kurban Nusantara program,
Nusantara menyalurkan 501 hewan kurban yang terdiri dari 4        FIFGROUP distributed 501 sacrificial animals, consisting of
ekor sapi dan 497 ekor kambing dengan total nilai Rp2,052         4 cows and 497 goats, with a total value of Rp2.052 billion.
miliar. Program ini menjangkau masyarakat di sekitar kantor       The program extended its reach to communities around the
pusat Perseroan serta 251 titik cabang di berbagai wilayah        Company’s head office and 251 branch locations across
Indonesia, sehingga memastikan distribusi manfaat yang merata     Indonesia, ensuring broad, equitable, and inclusive distribution
dan inklusif.                                                     of benefits.




                                                                                         JULI | JULY


                                                                             Perkuat Komitmen Keberlanjutan,
                                                                             FIFGROUP Kembangkan
                                                                             Kampung Berseri Astra Binaan
                                                                             Kedua di Sumatera Barat
                                                                             Strengthening its Commitment to
                                                                             Sustainability, FIFGROUP Develops its Second
                                                                             Kampung Berseri Astra in West Sumatra




FIFGROUP meresmikan Kampung Berseri Astra (KBA) Binaan            FIFGROUP inaugurated Kampung Berseri Astra(KBA) FIFGROUP
FIFGROUP Rafflesia Batang Palupuh di Kabupaten Agam,              Rafflesia Batang Palupuh in Agam Regency, West Sumatra,
Sumatera Barat, sebagai KBA binaan kedua FIFGROUP di              as FIFGROUP’s second KBA in Indonesia. This program was
Indonesia. Program ini dikembangkan melalui empat pilar           developed through FIFGROUP’s four pillars of sustainability:
keberlanjutan FIFGROUP Sehat, Pintar, Sejahtera, dan Lestari,     Healthy, Smart, Prosperous, and Sustainable, and supports the
serta mendukung pencapaian SDGs No. 1, 2, 3, 4, dan 12. Hingga    achievement of SDGs No. 1, 2, 3, 4, and 12. As of June 2025,
Juni 2025, Grup Astra telah membina 235 Kampung Berseri           the Astra Group has developed 235 Kampung Berseri Astra
Astra di seluruh Indonesia sebagai bagian dari komitmen           throughout Indonesia as part of its commitment to sustainable
pembangunan masyarakat yang berkelanjutan.                        community development.




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                               Business Support Review           Management Discussion and Analysis          Corporate Governance




                                                                                            JULI | JULY

                                                                             FIFGROUP dan Asa Menuju
                                                                             Tempat Kerja Lebih Manusiawi
                                                                             FIFGROUP and Asa Towards a
                                                                             More Humane Workplace




FIFGROUP meraih 3 (tiga) penghargaan pada ajang HR Asia           FIFGROUP won 3 (three) awards at the HR Asia Best Companies
Best Companies to Work For in Asia 2025, yaitu HR Asia            to Work For in Asia 2025 event, namely HR Asia Best Companies
Best Companies to Work For in Asia 2025, HR Asia Tech             to Work For in Asia 2025, HR Asia Tech Empowerment Awards
Empowerment Awards 2025, dan HR Asia Most Caring Company          2025, and HR Asia Most Caring Company Awards 2025. These
Awards 2025. Penghargaan ini diberikan melalui proses seleksi     awards were given through a selection process involving
yang melibatkan 2,5 juta responden dan 20.000 perusahaan          2.5 million respondents and 20,000 companies in Asia, in
di Asia, sebagai pengakuan atas komitmen Perseroan dalam          recognition of the Company’s commitment to building a safe,
membangun lingkungan kerja yang aman, inklusif, peduli, dan       inclusive, caring, and sustainable work environment, in line
berkelanjutan, sejalan dengan nilai Catur Dharma Astra dan        with Astra’s Catur Dharma values and Diversity, Equity, and
prinsip Diversity, Equity, and Inclusion (DEI).                   Inclusion (DEI) principles.




                                                                                            JULI | JULY

                                                                             Wujudkan Layanan Pembiayaan
                                                                             yang Lebih Cepat dan Mudah,
                                                                             FIFGROUP Luncurkan FIFGO
                                                                             Realizing Faster and Easier Financing
                                                                             Services, FIFGROUP Launches FIFGO




FIFGROUP meluncurkan aplikasi FIFGO pada Juli 2025                FIFGROUP launched the FIFGO application in July 2025 as
sebagai transformasi platform digital layanan pembiayaan          a transformation of the Company’s digital financing service
Perseroan. Mengusung konsep “Semua Layanan FIFGROUP               platform. Carrying the concept of “All FIFGROUP Services in One
dalam Satu Genggaman”, FIFGO dikembangkan dari aplikasi           Hand”, FIFGO was developed from the previous application,
sebelumnya yang telah diunduh lebih dari 5,1 juta pengguna,       which had been downloaded by more than 5.1 million users, and
dan menghadirkan pengalaman layanan pembiayaan                    provides a faster, easier, and safer financing service experience
yang lebih cepat, mudah, dan aman melalui berbagai fitur          through various integrated digital features.
digital terintegrasi.




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                                                                                         JULI | JULY

                                                                              FIFGROUP Dorong Pemberdayaan
                                                                              UMKM Lewat FIFestival Kuliner 2025
                                                                              FIFGROUP Promotes MSME Empowerment
                                                                              Through FIFestival Kuliner 2025




FIFGROUP melalui FIFestival Street Food 2025 mendorong             FIFGROUP, through FIFestival Street Food 2025, promotes the
pemberdayaan 25 UMKM binaan dengan menghadirkan                    empowerment of 25 MSMEs under its guidance by providing a
ruang promosi dan pengembangan usaha selama 8–10 Juli              space for promotion and business development from July 8-10,
2025 di Jakarta Selatan. Inisiatif ini merupakan bagian dari       2025, in South Jakarta. This initiative is part of FIFGROUP’s
pilar CSR FIFGROUP Sejahtera yang mendukung Sustainable            Sejahtera CSR pillar, which supports Sustainable Development
Development Goals (SDGs) No. 8 tentang Pekerjaan Layak             Goal (SDG) No. 8 on Decent Work and Economic Growth, while
dan Pertumbuhan Ekonomi, sekaligus memperkuat ekosistem            strengthening the sustainable MSME ecosystem through
UMKM yang berkelanjutan melalui kolaborasi, pembiayaan,            collaboration, financing, and increasing the competitiveness
dan peningkatan daya saing pelaku usaha lokal.                     of local businesses.




                                                                                         JULI | JULY


                                                                              FIFGROUP Gelar Inaugurasi dan Kick
                                                                              Off Program FIFPreneur: Dorong
                                                                              Purnabakti Jadi Pengusaha
                                                                              FIFGROUP Holds Inauguration and Kick
                                                                              Off of FIFPreneur Program: Encouraging
                                                                              Retirees to Become Entrepreneurs




FIFGROUP menyelenggarakan Inaugurasi FIFPreneur Batch 1            FIFGROUP held the inauguration of FIFPreneur Batch 1 and
sekaligus Kick Off FIFPreneur Batch 2 pada 29 Juli 2025 sebagai    simultaneously kicked off FIFPreneur Batch 2 on 29 July
bagian dari strategi pemberdayaan karyawan purnabakti              2025 as part of its strategy to empower retired employees
untuk mendorong transformasi menjadi wirausahawan yang             and encourage their transformation into independent and
mandiri dan berdaya saing. Program yang berada di bawah            competitive entrepreneurs. Under the FIFGROUP Sejahtera
pilar FIFGROUP Sejahtera ini telah mendampingi 19 peserta          pillar, the program supported 19 participants from Batch 1
dari Batch 1 dan mencatatkan peningkatan omzet usaha hingga        and recorded an increase in business turnover of up to 50%.
mencapai 50%. Selanjutnya, Batch 2 melibatkan 36 peserta           Subsequently, Batch 2 involved 36 participants, representing
yang menunjukkan peningkatan hingga 84% dibandingkan               an increase of up to 84% compared to the previous batch.
batch sebelumnya. Inisiatif ini secara konsisten mendukung         This initiative consistently supports the achievement of the
pencapaian Tujuan Pembangunan Berkelanjutan khususnya              Sustainable Development Goals, particularly SDG No. 8 on
SDGs No. 8 tentang Pekerjaan Layak dan Pertumbuhan Ekonomi.        Decent Work and Economic Growth.




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                                                                                       AGUSTUS | AUGUST

                                                                              FIFGROUP Resmikan Integrasi
                                                                              Layanan Primer di Semarang, Dukung
                                                                              Transformasi Kesehatan Nasional
                                                                              FIFGROUP Launches Primary Care Integration
                                                                              Program in Semarang, Supporting
                                                                              National Health Transformation




FIFGROUP meresmikan Program Integrasi Layanan Primer (ILP)         In August 2025, FIFGROUP inaugurated the FIFGROUP-
Binaan FIFGROUP di Puskesmas Pembantu Sendangguwo,                 Supported Primary Care Integration Program (ILP) at the
Semarang, pada Agustus 2025 sebagai bentuk dukungan                Sendangguwo Auxiliary Community Health Center (Puskesmas
terhadap agenda Transformasi Kesehatan Nasional. Melalui pilar     Pembantu) in Semarang part of its support for the National
FIFGROUP Sehat, Perseroan berkontribusi dalam memperkuat           Health Transformation agenda. Through the FIFGROUP Sehat
kualitas dan akses layanan kesehatan primer melalui penyediaan     pillar, the Company contributes to strengthening the quality and
bantuan alat kesehatan, peningkatan dan renovasi fasilitas         accessibility of primary healthcare services by providing medical
pelayanan, serta memberikan pelatihan bagi 50 kader posyandu       equipment assistance, upgrading and renovating service
dan penerapan digitalisasi sistem pemantauan kesehatan             facilities, training for 50 posyandu cadres, and implementing
masyarakat. Program ini ditargetkan untuk menjangkau hingga        the digitalization of community health monitoring systems.
18.000 masyarakat penerima manfaat, sehingga mendorong             The program is targeted to reach up to 18,000 beneficiaries,
peningkatan derajat kesehatan, efektivitas layanan preventif,      thereby driving improvements in public health outcomes, the
dan keberlanjutan sistem pelayanan kesehatan di tingkat            effectiveness of preventive services, and the sustainability
komunitas. Inisiatif ini sejalan dengan pencapaian Tujuan          of community-level healthcare systems. This initiative aligns
Pembangunan Berkelanjutan, khususnya SDG No. 3 tentang             with the achievement of the Sustainable Development Goals
Kehidupan Sehat dan Sejahtera.                                     (SDGs), particularly SDG No. 3 on Good Health and Well-Being.




                                                                                       AGUSTUS | AUGUST

                                                                              FIFGROUP Kembali Raih Penghargaan di
                                                                              Ajang Non-Bank Financial Forum 2025
                                                                              FIFGROUP Wins Awards Again at the
                                                                              2025 Non-Bank Financial Forum




FIFGROUP bersama 2 (dua) anak perusahaannya, PT Astra              FIFGROUP, together with its 2 (two) subsidiaries, PT Astra Multi
Multi Finance (SPEKTRA) dan PT Sharia Multifinance Astra           Finance (SPEKTRA) and PT Sharia Multifinance Astra (AMITRA),
(AMITRA), sukses meraih total 7 (tujuh) penghargaan dalam          successfully won a total of 7 (seven) awards at the Non-Bank
ajang Non-Bank Financial Forum 2025 yang diselenggarakan           Financial Forum 2025 event organized by Infobank Media
oleh Infobank Media Group pada 1 Agustus 2025 di Hotel             Group on August 1, 2025, at the Hotel Indonesia Kempinski,
Indonesia Kempinski, Jakarta.                                      Jakarta.




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                                                                               SEPTEMBER | SEPTEMBER

                                                                           FIFGROUP Hadir Dukung
                                                                           Pertumbuhan Sepeda
                                                                           Motor di IMOS 2025
                                                                           FIFGROUP Supports Motorcycle
                                                                           Growth at IMOS 2025




FIFGROUP berpartisipasi sebagai Platinum Sponsor dalam ajang    FIFGROUP participated as a Platinum Sponsor at the Indonesia
Indonesia Motorcycle Show (IMOS) 2025 yang diselenggarakan      Motorcycle Show (IMOS) 2025, held in September 2025, by
pada September 2025, dengan menghadirkan berbagai               presenting various financing promotional programs, financial
program promo pembiayaan, edukasi literasi keuangan, serta      literacy education initiatives, and customer appreciation
kegiatan apresiasi pelanggan. Partisipasi ini mencerminkan      activities. This participation reflects the Company’s commitment
komitmen Perseroan dalam memperluas akses masyarakat            to expanding public access to integrated financing services,
terhadap layanan pembiayaan yang terintegrasi, sekaligus        while simultaneously supporting the growth of the national
mendukung pertumbuhan industri sepeda motor nasional.           motorcycle industry through comprehensive financing solutions.




                                                                               SEPTEMBER | SEPTEMBER

                                                                           FIFASTRA Dukung Tim Honda
                                                                           Racing di MotoGP 2025
                                                                           FIFASTRA Supports Honda Racing
                                                                           Team in MotoGP 2025




FIFASTRA - salah satu unit bisnis FIFGROUP yang berfokus        FIFASTRA—one of FIFGROUP’s business units focusing on the
pada pembiayaan sepeda motor baru merk Honda memberikan         financing of new Honda motorcycles has provided sponsorship
dukungan sponsorship kepada Honda Racing Corporation (HRC)      support to Honda Racing Corporation (HRC) throughout the
sepanjang musim MotoGP 2025 sebagai bagian dari strategi        2025 MotoGP season as part of its strategy to strengthen
penguatan merek serta peningkatan keterlibatan dengan           brand positioning and enhance engagement with the two-
komunitas pecinta roda dua. Inisiatif ini diimplementasikan     wheeler enthusiast community. The initiative was implemented
melalui berbagai aktivasi merek, penyediaan pengalaman          through various brand activations, the provision of exclusive
eksklusif bagi konsumen, serta dukungan terhadap pencapaian     customer experiences, and support for the achievement of
prestasi balap di tingkat internasional.                        racing performance at the international level.




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                                                                                SEPTEMBER | SEPTEMBER

                                                                             Perluas Pengelolaan
                                                                             Hutan, FIFGROUP Tegaskan
                                                                             Komitmen Keberlanjutan
                                                                             Expanding Forest Management,
                                                                             FIFGROUP Affirms Its
                                                                             Commitment to Sustainability




FIFGROUP memperluas Hutan FIFGROUP sekaligus meresmikan           FIFGROUP expanded the FIFGROUP Forest and inaugurated the
Desa Sejahtera Astra (DSA) binaan FIFGROUP pertama di Garut       first Desa Sejahtera Astra (DSA) under FIFGROUP’s guidance
pada September 2025 sebagai upaya pengurangan emisi               in Garut in September 2025 as an effort to reduce carbon
karbon dan pemberdayaan ekonomi masyarakat. Hingga 2025,          emissions and empower the community economically. By 2025,
Perseroan menargetkan penanaman 30.000 pohon melalui              the Company aims to plant 30,000 trees through agroforestry
pendekatan agroforestri serta pengembangan UMKM lokal,            approaches and the development of local SMEs, in line with
sejalan dengan dukungan terhadap SDGs No. 8, 13, dan 15           support for SDGs No. 8, 13, and 15, as well as Astra’s 2030
serta Astra 2030 Sustainability Aspirations.                      Sustainability Aspirations.




                                                                                    OKTOBER | OCTOBER

                                                                             FIFGROUP Dukung Kesehatan
                                                                             dan Lingkungan: Bangun UKS di
                                                                             SDN 2 Bojongmenteng dan Tanam
                                                                             360 Pohon di Lebak, Banten
                                                                             FIFGROUP Supports Health and the
                                                                             Environment: Building a School Health Unit
                                                                             (UKS) facility at SDN 2 Bojongmenteng
                                                                             and Planting 360 Trees in Lebak, Banten




FIFGROUP melalui pilar CSR FIFGROUP Peduli meresmikan             Through its CSR pillar FIFGROUP Peduli, FIFGROUP inaugurated
Ruang Usaha Kesehatan Sekolah (UKS) di SDN 2                      a School Health Unit (UKS) facility at SDN 2 Bojongmenteng,
Bojongmenteng, Kabupaten Lebak, serta melaksanakan                Lebak Regency, and carried out the planting of 360 trees in
penanaman sebanyak 360 pohon di wilayah Desa Kanekes,             Kanekes Village, Banten, as part of the Company’s commitment
Banten, sebagai bagian dari komitmen Perseroan dalam              to supporting child health improvement, strengthening
mendukung peningkatan kesehatan anak, penguatan kualitas          education quality, and preserving environmental sustainability.
pendidikan, serta pelestarian lingkungan hidup. Inisiatif ini     This initiative reflects the Company’s contribution to the
mencerminkan kontribusi nyata Perseroan terhadap pencapaian       achievement of the Sustainable Development Goals (SDGs),
Tujuan Pembangunan Berkelanjutan (SDGs), khususnya SDG            particularly SDG 3 on Good Health and Well-Being, SDG 4 on
3 tentang Kehidupan Sehat dan Sejahtera, SDG 4 tentang            Quality Education, and SDG 13 on Climate Action, while also
Pendidikan Berkualitas, serta SDG 13 tentang Penanganan           aligning with the Astra 2030 Sustainability Aspirations.
Perubahan Iklim, sekaligus selaras dengan Astra 2030
Sustainability Aspirations.




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                                                                                   OKTOBER | OCTOBER

                                                                           Dampingi 770 UMKM, FIFGROUP
                                                                           Salurkan Pembiayaan Tanpa
                                                                           Bunga Rp2,9 Miliar
                                                                           Supporting 770 MSMEs, FIFGROUP Distributes
                                                                           Rp2.9 Billion in Interest-Free Financing




FIFGROUP melalui Program Dana Bergulir FIFGROUP 2025            FIFGROUP, through the FIFGROUP 2025 Revolving Fund
menyalurkan pembiayaan tanpa bunga sebesar Rp2,9 miliar         Program, distributed Rp 2.9 billion in interest-free financing
kepada 770 UMKM di seluruh Indonesia sebagai bagian dari        to 770 MSMEs throughout Indonesia as part of the FIFGROUP
pilar FIFGROUP Sejahtera. Program ini dilengkapi dengan         Sejahtera pillar. This program is complemented by business
pendampingan dan pelatihan pengembangan usaha guna              development assistance and training to strengthen
memperkuat daya saing UMKM secara berkelanjutan serta           MSME competitiveness sustainably and support national
mendukung pertumbuhan ekonomi nasional.                         economic growth.




                                                                                   OKTOBER | OCTOBER

                                                                           FIFGROUP Raih Penghargaan
                                                                           dalam Ajang Indonesia Corporate
                                                                           Sustainability Initiatives 2025
                                                                           FIFGROUP Wins Award at Indonesia
                                                                           Corporate Sustainability Initiatives 2025




FIFGROUP meraih penghargaan Indonesia Corporate                 FIFGROUP won the Indonesia Corporate Sustainability Initiatives
Sustainability Initiatives (CSI) 2025 dengan Predikat Good      (CSI) 2025 award with a Good rating in the Social Marketing
pada kategori Social Marketing (Editor Assessment) melalui      (Editor Assessment) category through the FIFestival Street
program FIFestival Street Food 2025. Penghargaan ini menjadi    Food 2025 program. This award recognizes the Company’s
pengakuan atas komitmen Perseroan dalam menjalankan             commitment to implementing sustainability initiatives based on
inisiatif keberlanjutan berbasis pemberdayaan UMKM, yang        MSME empowerment, which is in line with the application of
sejalan dengan penerapan Environmental, Social, and             Environmental, Social, and Governance (ESG) principles and
Governance (ESG) serta mendukung SDGs No. 8 tentang             supports SDG No. 8 on Decent Work and Economic Growth
Pekerjaan Layak dan Pertumbuhan Ekonomi dan No. 10 tentang      and No. 10 on Reducing Inequality.
Pengurangan Ketimpangan.




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                                                                                  NOVEMBER | NOVEMBER

                                                                              Direktur FIFGROUP Dianugerahi
                                                                              Women in SDGs Action Award 2025
                                                                              FIFGROUP Director Awarded Women
                                                                              in SDGs Action Award 2025




FIFGROUP kembali meraih apresiasi nasional melalui                 FIFGROUP has once again received national recognition
penganugerahan Women in SDGs Action Award 2025                     through the Women in SDGs Action Award 2025 presented
kepada Direktur FIFGROUP, Sri Harjati, atas kontribusinya          to FIFGROUP Director Sri Harjati for her contribution in initiating
dalam menginisiasi program literasi keuangan, beasiswa, dan        financial literacy programs, scholarships, and corporate
keberlanjutan perusahaan yang memperkuat akses pendidikan.         sustainability that strengthen access to education. This award
Penghargaan ini mencerminkan komitmen Perseroan dalam              reflects the Company’s commitment to supporting SDG No. 4
mendukung SDGs No. 4 tentang Pendidikan Berkualitas melalui        on Quality Education through the implementation of sustainable
implementasi program berkelanjutan di bawah 4 (empat) pilar        programs under the 4 (four) pillars of FIFGROUP’s CSR.
CSR FIFGROUP.




                                                                                  NOVEMBER | NOVEMBER

                                                                              FIFGROUP Dukung Pembangunan
                                                                              Rumah Ibadah Lima Agama di Bandung,
                                                                              Salurkan Bantuan Rp216 Juta
                                                                              FIFGROUP Supports the Construction of
                                                                              Houses of Worship for Five Religions in
                                                                              Bandung, Distributes Aid Worth Rp216 Million




FIFGROUP melalui program CSR FIFGROUP Peduli menyalurkan           FIFGROUP, through its CSR program FIFGROUP Peduli,
bantuan sosial senilai Rp216 juta kepada 6 rumah ibadah dari 5     distributed social assistance worth Rp216 million to six places
(lima) agama di Kota Bandung sebagai dukungan pembangunan          of worship from 5 (five) religions in the city of Bandung as
fasilitas ibadah yang inklusif, sejalan dengan SDGs No. 11         support for the construction of inclusive worship facilities, in
tentang Kota dan Permukiman yang Berkelanjutan.                    line with SDG No. 11 on Sustainable Cities and Communities.




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                                                                                  NOVEMBER | NOVEMBER

                                                                              Dukung Pertumbuhan UMKM,
                                                                              FIFGROUP Hadirkan Kembali
                                                                              Program Sahabat FINATRA 2025
                                                                              Supporting MSME Growth,
                                                                              FIFGROUP Reintroduces the Sahabat
                                                                              FINATRA 2025 Program




FIFGROUP kembali menghadirkan Program Sahabat FINATRA              FIFGROUP has reintroduced the Sahabat FINATRA 2025
2025 sebagai upaya mendukung pertumbuhan Usaha Mikro,              Program as an effort to support the growth of Micro, Small,
Kecil, dan Menengah (UMKM) melalui inkubasi bisnis, pelatihan      and Medium Enterprises (MSMEs) through business incubation,
pengelolaan keuangan, pendampingan digital, serta akses            financial management training, digital assistance, and access
pembiayaan produktif. Program ini mencerminkan komitmen            to productive financing. This program reflects the Company’s
Perseroan terhadap pembiayaan berkelanjutan, sejalan dengan        commitment to sustainable financing, in line with SDG No.
SDGs No. 8 tentang Pekerjaan Layak dan Pertumbuhan                 8 on Decent Work and Economic Growth, and adopts the
Ekonomi, serta mengadopsi prinsip Gender Equality and Social       principles of Gender Equality and Social Inclusion (GESI) to
Inclusion (GESI) untuk memastikan pengembangan UMKM yang           ensure inclusive and equitable MSME development.
inklusif dan berkeadilan.




                                                                                      DESEMBER | DECEMBER

                                                                              FIFGROUP Kembali Gelar Program
                                                                              Young Leader 2025: Bentuk
                                                                              Generasi Pemimpin Masa Depan
                                                                              FIFGROUP Returns with the Young
                                                                              Leader 2025 Program: Shaping the
                                                                              Future Generation of Leaders




FIFGROUP menggelar Program Beasiswa FIFGROUP                       FIFGROUP launched the FIFGROUP Young Leader (FYL) 2025
Young Leader (FYL) 2025 sebagai wujud komitmen dalam               Scholarship Program as a manifestation of its commitment
membentuk generasi pemimpin masa depan melalui dukungan            to shaping the future generation of leaders through quality
pendidikan berkualitas dan pengembangan talenta muda.              education and young talent development. In 2025, FIFGROUP
Pada tahun 2025, FIFGROUP menyalurkan beasiswa senilai             distributed scholarships totaling Rp324 million to 36 selected
total Rp324 juta kepada 36 mahasiswa terpilih dari seluruh         students from all over Indonesia, complemented by a one-
Indonesia, yang dilengkapi dengan program pengembangan             year competency development program. Aligned under
kompetensi selama satu tahun. Program ini berada di bawah          the FIFGROUP Pintar pillar, the program demonstrates the
pilar FIFGROUP Pintar dan mencerminkan kontribusi strategis        Company’s strategic role in delivering inclusive, measurable,
Perseroan dalam menciptakan dampak sosial jangka panjang           and sustainable long-term social value for communities
yang inklusif, terukur, dan berkelanjutan bagi masyarakat serta    and stakeholders.
para pemangku kepentingan.




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                                                                                 DESEMBER | DECEMBER

                                                                            FIFGROUP Borong 3 Penghargaan
                                                                            dari Asosiasi Perusahaan
                                                                            Pembiayaan Indonesia (APPI)
                                                                            FIFGROUP Wins 3 Awards
                                                                            from the Indonesian Financing
                                                                            Companies Association (APPI)




FIFGROUP meraih tiga penghargaan pada ajang Pertemuan            FIFGROUP won three awards at the 2025 APPI Member Meeting
Anggota dan Apresiasi APPI 2025, meliputi Juara Pertama          and Appreciation Event, including First Place for Best Financing
Perusahaan Pembiayaan Terbaik APPI 2025 untuk kategori           Company APPI 2025 in the category of assets above Rp5 trillion,
aset di atas Rp5 triliun, penghargaan Maju Berkat Pembiayaan     the 2025 Progress Through Financing award for FIFGROUP
2025 kepada konsumen FIFGROUP, serta Beasiswa Prestasi           consumers, and the 2025 APPI Achievement Scholarship for
APPI 2025 bagi anak karyawan berprestasi. Pencapaian             outstanding employees’ children. This achievement reflects
ini mencerminkan konsistensi Perseroan dalam menjaga             the Company’s consistent excellence, its positive impact on
kinerja unggul, memberikan dampak positif bagi pelanggan,        customers, and its support for human resource development
serta mendukung pengembangan sumber daya manusia di              in the financing industry.
industri pembiayaan.




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  Laporan
Manajemen
 Management Report




            02
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  Ikhtisar Kinerja            Laporan Manajemen   Profil Perusahaan
  Performance Highlights      Management Report   Company Profile




Rudy
Presiden Komisaris
President Commissioner




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Laporan Dewan Komisaris
Board of Commissioners’ Report

Dewan Komisaris mengapresiasi realisasi penyaluran pembiayaan
sebesar Rp49,5 triliun hingga akhir Desember 2025, dengan rasio
Non-Performing Financing (NPF Bruto) terjaga pada level 1,49%, lebih
rendah dari rata-rata industri. Pencapaian ini tidak terlepas dari peran
aktif Dewan Komisaris dalam menjalankan fungsi pengawasan atas
penerapan tata kelola perusahaan, manajemen risiko, serta sistem
pengendalian internal secara konsisten dan berkesinambungan.
The Board of Commissioners appreciates the realization of financing distribution
amounting to Rp49.5 trillion by the end of December 2025, with the Non-Performing
Financing (NPF Gross) ratio maintained at 1.49%, lower than the industry average.
This achievement is closely linked to the active role of the Board of Commissioners
in consistently and continuously performing its supervisory function over the
implementation of corporate governance, risk management, and internal control systems.



     Pemegang Saham yang kami hormati,
     Dear Our Esteemed Shareholders,


Puji syukur kami panjatkan kepada Tuhan Yang Maha         Praise be to God Almighty for His blessings and
Kuasa atas segala kemudahan dan karunia-Nya sehingga      grace, enabling PT Federal International Finance (the
PT Federal International Finance (“Perseroan”) mampu      “Company”) to navigate through 2025 with optimal
melewati tahun 2025 dengan kinerja yang terkelola         performance. In line with the implementation of
secara optimal. Sejalan dengan pelaksanaan fungsi         supervisory functions based on the principles of Good
pengawasan berdasarkan prinsip Tata Kelola Perusahaan     Corporate Governance (GCG) and applicable laws and
yang Baik (Good Corporate Governance/“GCG”) dan           regulations, through this Board of Commissioners’
ketentuan peraturan perundang-undangan yang               Supervisory Report, we present our views and evaluation
berlaku, melalui Laporan Pengawasan Dewan Komisaris       results on the performance of the Board of Directors for
ini kami menyampaikan pandangan dan hasil evaluasi        the fiscal year ending December 31, 2025.
atas kinerja Direksi untuk tahun buku yang berakhir
pada 31 Desember 2025.


Ekonomi Nasional Tetap Tumbuh Solid di
Tengah Dinamika Makroekonomi Global Tahun 2025
National Economy to Remain Solid Amid Global Macroeconomic Dynamics in 2025


Sepanjang tahun 2025, perekonomian global                 Throughout 2025, the global economy showed
menunjukkan perubahan yang cukup signifikan, dimulai      significant changes, from rising inflation trends in a
dari tren kenaikan inflasi di sejumlah negara diikuti     number of countries to monetary policies adopted
kebijakan moneter yang diambil untuk memitigasi           to mitigate these changes. In the United States, the
perubahan tersebut. Di Amerika Serikat, penurunan         Fed’s gradual reduction of the Federal Funds Rate




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Federal Funds Rate oleh The Fed secara bertahap hingga             to 3.75% by the end of 2025 signaled improved global
mencapai level 3,75% pada akhir tahun 2025 memberikan              economic stabilization.
sinyal stabilisasi ekonomi global yang lebih baik.

Selaras dengan keputusan yang diambil oleh The Fed, Bank           In line with the decision made by the Fed, Bank Indonesia
Indonesia juga menurunkan BI-Rate dari 6,0% pada Desember          also lowered the BI Rate from 6.0% in December 2024 to
2024 menjadi 4,75% pada Desember 2025. Didukung oleh               4.75% in December 2025. Supported by targeted fiscal policies,
kebijakan fiskal yang terarah, momentum pertumbuhan ekonomi        the momentum of national economic growth is maintained.
nasional tetap terjaga. Indonesia mencatatkan pertumbuhan          Indonesia recorded economic growth of 5.11% (YoY) in the
ekonomi sebesar 5,11% (YoY) pada kuartal IV tahun 2025, yang       fourth quarter of 2025, reflecting the resilience of domestic
mencerminkan daya tahan konsumsi domestik serta aktivitas          consumption and sustained investment activity.
investasi yang tetap terjaga.

Di tengah kondisi eksternal tersebut, permintaan domestik          Amid these external conditions, domestic demand in the two-
pada sektor kendaraan roda dua tetap terjaga. Penjualan            wheeled vehicle sector remained stable. National motorcycle
sepeda motor nasional tercatat mencapai sekitar 6,4 juta unit      sales reached approximately 6.4 million units as of December,
hingga Desember 2025, dengan pertumbuhan relatif stagnan           2025, with relatively stagnant growth of 1.3% (YoY). This
sebesar 1,3% (YoY). Kinerja tersebut mencerminkan peran            performance reflects the role of two-wheeled vehicles as a
kendaraan roda dua sebagai kebutuhan fundamental bagi              fundamental necessity for community mobility.
mobilitas masyarakat.

Dewan Komisaris berpandangan bahwa kondisi perekonomian            The Board of Commissioners believes that the national
nasional berada dalam situasi yang relatif stabil dimana           economic condition are in a relatively stable situation, with the
Perseroan telah mengelola berbagai dinamika eksternal secara       Company carefully and adaptively managing various external
hati-hati dan adaptif, didukung dengan penguatan manajemen         dynamics, supported by strengthened risk management,
risiko, disiplin pembiayaan, serta pengembangan ekosistem          financing discipline, and the development of an integrated
bisnis terintegrasi. Hal ini memungkinkan Perseroan menjaga        business ecosystem. This enables the Company to maintain
resiliensi kinerja, menangkap peluang pertumbuhan, dan             performance resilience, capture growth opportunities, and
menciptakan nilai berkelanjutan selaras dengan prinsip GCG.        create sustainable value in line with GCG principles.


Pengawasan atas Perumusan dan Penerapan Strategi dan Kebijakan Perseroan
Supervision of the Formulation and Implementation of Corporate Strategy and Policy


Dewan Komisaris melaksanakan pengawasan secara aktif dan           The Board of Commissioners actively and continuously
berkelanjutan terhadap seluruh proses perumusan strategi,          supervises the entire strategy formulation process and ensures
serta memastikan bahwa implementasi dan inisiatif strategis        that the implementation and strategic initiatives is executed
dijalankan secara efektif, terukur, dan selaras dengan arah        effectively, measurably, and in line with the Company’s long-
jangka panjang Perseroan. Dewan Komisaris secara rutin             term direction. The Board of Commissioners routinely reviews
menelaah serta memberikan persetujuan atas Rencana Bisnis          and approves the Annual Business Plan (RBT) prepared by the
Tahunan (RBT) yang disusun oleh Direksi. Proses pengawasan         Board of Directors. This supervision process is strengthened
ini diperkuat melalui koordinasi yang erat dengan komite-komite    through close coordination with supporting committees to have
pendukung guna memastikan setiap tahapan perencanaan               each stage of strategy planning and execution to be conducted
dan eksekusi strategi dilaksanakan secara transparan,              transparently, accountably, and integrates the principles of
akuntabel, serta mengintegrasikan prinsip keberlanjutan dan        sustainability and risk management.
manajemen risiko.




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Dewan Komisaris melakukan pemantauan intensif atas                 The Board of Commissioners conducts intensive monitoring of
pengelolaan usaha Perseroan melalui rapat gabungan bersama         the Company’s business management through joint meetings
Direksi sebagai forum evaluasi kinerja, penyelarasan strategi,     with the Board of Directors as a forum for performance
dan pengambilan keputusan strategis. Dalam forum ini,              evaluation, strategy alignment, and strategic decision-making.
Dewan Komisaris melaksanakan fungsi pemberian nasihat              In this forum, the Board of Commissioners performs its function
dan rekomendasi kepada Direksi yang terdokumentasi secara          of providing advice and recommendations to the Board of
akuntabel dalam risalah rapat. Sepanjang tahun 2025, rapat         Directors, which are documented in an accountable manner in
gabungan Dewan Komisaris dan Direksi diselenggarakan               the minutes of the meeting. Throughout 2025, joint meetings
sebanyak 6 (enam) kali.                                            between the Board of Commissioners and the Board of
                                                                   Directors were held six times.

Melalui rapat gabungan maupun interaksi strategis lainnya,         Through joint meetings and other strategic interactions, the
Dewan Komisaris secara proaktif memberikan arahan kepada           Board of Commissioners proactively provided guidance to the
Direksi untuk memperkuat kualitas portofolio pembiayaan,           Board of Directors to strengthen the quality of the financing
menegakkan disiplin manajemen risiko, serta mengoptimalkan         portfolio, enforce risk management discipline, and optimize
pengalaman nasabah melalui inovasi produk dan                      customer experience through product innovation and digital
pengembangan kanal digital. Dalam mendorong kinerja yang           channel development. In encouraging sustainable performance,
berkelanjutan, fokus pengawasan Dewan Komisaris sepanjang          the Board of Commissioners’ supervisory focus throughout 2025
tahun 2025 diarahkan pada optimalisasi portofolio pembiayaan,      was directed at optimizing the financing portfolio, strengthening
penguatan posisi Perseroan di segmen pembiayaan kendaraan          the Company’s position in the Honda two-wheeled vehicle
roda dua Honda, peningkatan retensi konsumen, serta                financing segment, increasing customer retention, and
pengembangan fondasi bisnis micro-productive sebagai sumber        developing the foundations of the micro-productive business
pertumbuhan baru yang strategis. Sejalan dengan agenda             as a new strategic source of growth. Along with this growth
pertumbuhan tersebut, Dewan Komisaris juga menekankan              agenda, the Board of Commissioners also emphasized the
pentingnya penguatan kualitas operasional bisnis, tata kelola,     importance of strengthening the quality of business operations,
serta pengendalian risiko secara menyeluruh guna memastikan        governance, and comprehensive risk control to ensure that
ekspansi usaha tetap sehat, prudent, dan berdaya tahan.            business expansion remains healthy, prudent, and resilient.

Dewan Komisaris mengapresiasi langkah Direksi dalam                The Board of Commissioners appreciates the Board of Directors’
memperkuat fondasi Perseroan, termasuk pengembangan                steps in strengthening the Company’s foundation, including the
Sumber Daya Manusia (SDM) dan pengelolaan talenta pada             development of Human Capital (HC) and talent management in
posisi-posisi strategis agar selaras dengan kebutuhan bisnis.      strategic positions to align with business needs. In addition, the
Selain itu, Dewan Komisaris mendorong penguatan penerapan          Board of Commissioners encourages the strengthening of GCG
GCG serta implementasi strategi public contribution yang           implementation and the implementation of an integrated public
terintegrasi sebagai bagian dari upaya menjaga reputasi,           contribution strategy as part of efforts to maintain reputation,
memperkuat keberlanjutan, serta memastikan kontribusi sosial       strengthen sustainability, and achieve measurable and impactful
dan lingkungan yang terukur dan berdampak.                         social and environmental contributions.

Berdasarkan hasil pengawasan yang telah dilakukan, Dewan           Based on the results of its supervision, the Board of
Komisaris menilai bahwa Direksi telah menyusun strategi            Commissioners assessed that The Board of Directors has
yang komprehensif serta mengawal implementasinya secara            developed a comprehensive strategy and oversees its
disiplin, sehingga sepanjang tahun 2025, Perseroan berhasil        implementation with the utmost discipline, so that throughout
menyalurkan pembiayaan baru sebesar Rp49,5 Triliun dan             2025, the Company successfully distributed new financing
membukukan laba bersih sebesar Rp4,6 Triliun, tumbuh 4,9%          amounting to Rp49.5 trillion and recorded a net income of
dibandingkan tahun sebelumnya.                                     Rp4.6 trillion, a 4.9% increase compared to the previous year.

Dengan melakukan pengawasan yang konsisten dan                     By conducting consistent and integrated supervision, the Board
terintegrasi, Dewan Komisaris percaya Perseroan tidak              of Commissioners believes that the Company is not only able
hanya mampu menjaga keberlanjutan kinerja, tetapi juga             to maintain its performance sustainability, but also strengthen
memperkuat fondasi strategis untuk mendorong pertumbuhan           its strategic foundation to drive sustainable growth.
yang berkelanjutan.




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   Performance Highlights          Management Report               Company Profile




Penilaian Dewan Komisaris terhadap Kinerja Direksi Tahun 2025
Board of Commissioners’ Assessment of the Board of Directors’ Performance in 2025

Dewan Komisaris menilai bahwa Direksi telah berhasil                The Board of Commissioners assesses that the Board of
mengelola Perseroan secara profesional, akuntabel, dan adaptif      Directors has successfully managed the Company in a
dalam merespons dinamika industri pembiayaan nasional.              professional, accountable, and adaptive manner in responding
                                                                    to the national financing industry.

Dari perspektif kinerja finansial, Dewan Komisaris mengapresiasi    From a financial performance perspective, the Board of
capaian penyaluran pembiayaan yang mencapai 49,5 triliun            Commissioners appreciates the achievement of financing
hingga akhir Desember 2025 atau tumbuh 7,6% (YoY), dengan           distribution reaching Rp49.5 trillion by the end of December
rasio Non-Performing Financing (NPF Bruto) yang tetap terjaga       2025, a growth of 7.6% (YoY), with a Non-Performing Financing
pada level 1,49%, lebih rendah dibandingkan rata-rata industri.     (NPF Gross) ratio that remains at 1.49%, lower than the industry
Kinerja ini secara langsung berkontribusi terhadap laba yang        average. This performance directly contributed to recorded
tercatat mencapai Rp4,63 triliun atau setara dengan 101,5%          profits of Rp4.63 trillion, equivalent to 101.5% of the annual
dari target tahunan, atau meningkat sebesar 4,9% (YoY)              target, or an increase of 4.9% (YoY) compared to the realization
dibandingkan realisasi tahun sebelumnya.                            in the previous year.

Pada aspek operasional dan non-finansial, Dewan Komisaris           In terms of operational and non-financial aspects, the Board
menilai langkah Direksi dalam mengembangkan jaringan                of Commissioners considers the Board of Directors’ approach
distribusi secara terukur sebagai strategi yang tepat untuk         in developing a measured distribution network to be an
memperluas jangkauan layanan dan memperkuat basis                   appropriate strategy for expanding service coverage and
nasabah. Hingga Desember 2025, jumlah cabang operasional            strengthening the customer base. As of December 2025,
telah mencapai 262 titik, semakin meningkatkan aksesibilitas        the branch and operational post network has expanded to
layanan kepada konsumen dan memperkuat kapasitas                    262 locations, further improving service accessibility for
operasional dalam mendukung pertumbuhan jangka panjang.             consumers and strengthening operational capacity to support
                                                                    long-term growth.


Pandangan atas Prospek Usaha yang Disusun oleh Direksi
Views on Business Prospects Prepared by the Board of Directors


Memasuki tahun 2026, Dewan Komisaris tetap optimis                  As we enter 2026, the Board of Commissioners is optimistic
terhadap prospek usaha Perseroan meskipun dihadapkan                regarding the Company’s business prospects despite facing
pada ketidakpastian global dan domestik. IMF memproyeksikan         global and domestic uncertainties. The IMF projects Indonesia’s
pertumbuhan ekonomi Indonesia tetap stabil pada kisaran 5%          economic growth to remain stable at around 5% to 5.2%,
hingga 5.2% yang didukung oleh stabilitas makroekonomi.             supported by macroeconomic stability. These conditions are
Kondisi tersebut diharapkan mampu menopang konsumsi                 expected to sustain domestic consumption and support the
domestik, serta mendukung keberlanjutan pertumbuhan sektor          continued growth of the automotive sector and the national
otomotif dan industri pembiayaan nasional.                          financing industry.

Sejalan dengan hal tersebut, prospek pasar sepeda motor             In line with this, the national motorcycle market outlook for 2026
nasional pada tahun 2026 menunjukkan sinyal pemulihan.              shows signs of recovery. Sales increased by 1.3% in 2025 and
Penjualan mengalami pertumbuhan sebesar 1.3% pada tahun             are projected to reach 6.42 million units in 2026. Motorcycle
2025 dan diproyeksikan mencapai 6,42 juta unit pada tahun           financing also increased by 2.3% (YoY) in 2025. This dynamic
2026. Pembiayaan sepeda motor juga meningkat 2,3%                   opens up growth opportunities for the two-wheel financing
(YoY) pada tahun 2025. Dinamika ini membuka peluang                 industry and room for the Company to accelerate selective
pertumbuhan bagi industri pembiayaan roda dua serta ruang           and sustainable growth.
bagi Perseroan untuk mengakselerasi pertumbuhan secara
selektif dan berkelanjutan.




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Dengan mempertimbangkan dinamika eksternal, serta                     Considering external dynamics, also based on the Company’s
kapabilitas internal Perseroan, Dewan Komisaris menilai               internal capabilities, the Board of Commissioners considers the
target kinerja tahun 2026 telah disusun secara realistis,             2026 performance targets to be realistic, with new financing
dengan penyaluran pembiayaan baru sebesar Rp49.9 triliun              disbursements of Rp49.9 trillion reflecting healthy and measured
yang mencerminkan pertumbuhan sehat dan terukur. Dewan                growth. The Board of Commissioners emphasizes that financing
Komisasris menekankan agar penyaluran pembiayaan dilakukan            disbursements should be carried out prudently, focusing on
secara prudent dengan fokus pada segmen pembiayaan motor,             the motorcycle financing segment, multipurpose financing, and
pembiayaan multiguna, termasuk penguatan pembiayaan                   strengthening productive financing as a source of long-term
produktif sebagai sumber pertumbuhan jangka panjang. Disiplin         growth. Disciplined execution and operational excellence are
eksekusi dan operational excellence juga menjadi kunci untuk          also key to maintaining the competitiveness and resilience of
menjaga daya saing dan resiliensi usaha secara berkelanjutan.         the business in a sustainable manner.


Pandangan terhadap Penerapan Tata Kelola Perusahaan yang Baik
Views on the Implementation of Good Corporate Governance

Dewan Komisaris menilai bahwa Perseroan telah membangun               The Board of Commissioners assesses that the Company
fondasi GCG yang memadai, didukung oleh kebijakan,                    has established an adequate GCG foundation, supported by
pedoman, serta struktur organisasi yang jelas dan terintegrasi.       clear and integrated policies, guidelines, and organizational
Kerangka tata kelola tersebut diterapkan secara konsisten             structures. This governance framework is consistently applied
di seluruh lini operasional sehingga tidak hanya berfungsi            across all operational lines so that it not only serves as procedural
sebagai pemenuhan kepatuhan prosedural, tetapi juga menjadi           compliance but also as a real guide in transparent, accountable,
panduan nyata dalam pengambilan keputusan yang transparan,            and professional decision-making, while strengthening a culture
akuntabel, dan profesional, sekaligus memperkuat budaya               of integrity and compliance throughout the organization.
integritas dan kepatuhan di seluruh organisasi.

Sejalan dengan penguatan fondasi tersebut, implementasi               In line with the strengthening of these foundations, the
manajemen risiko serta mekanisme check and balance antar              implementation of risk management and checks and
fungsi dinilai telah berjalan efektif dan terintegrasi sehingga       balances between functions is considered to have been
membentuk lingkungan pengendalian internal yang robust.               effective and integrated, thereby creating a robust internal
Landasan ini memungkinkan Dewan Komisaris dan komite-                 control environment. This foundation enables the Board
komite pendukung untuk menjalankan fungsi pengawasan                  of Commissioners and supporting committees to carry out
secara komprehensif, termasuk memastikan kecukupan                    comprehensive supervision functions, including ensuring
pengendalian internal, efektivitas mitigasi risiko, serta tingkat     the adequacy of internal controls, the effectiveness of risk
kepatuhan terhadap ketentuan regulator dan standar tata               mitigation, and the level of compliance with applicable
kelola yang berlaku. Pendekatan pengawasan yang terstruktur           regulatory provisions and governance standards. This structured
ini juga mendukung kualitas pengambilan keputusan strategis           supervisory approach also supports the quality of strategic
serta menjaga kesinambungan kinerja Perseroan di tengah               decision-making and maintains the Company’s performance
dinamika pasar dan meningkatnya kompleksitas operasional.             amid market dynamics and increasing operational complexity.

Meskipun implementasi GCG secara umum telah berjalan                  Although the implementation of GCG has generally performed
baik, Dewan Komisaris menegaskan bahwa penguatan                      successfully, the Board of Commissioners emphasizes that the
tata kelola dan manajemen risiko perlu ditingkatkan secara            Board of Directors needs to strengthen governance and risk
konsisten oleh Direksi. Dalam menghadapi perubahan regulasi,          management consistently. In addressing regulatory changes,
akselerasi teknologi, serta dinamika model bisnis, Direksi            technological acceleration, and business model dynamics, the
diharapkan senantiasa menyempurnakan efektivitas kebijakan,           Board of Directors is expected to continuously improve policy
memperkuat mekanisme pemantauan dan pengendalian,                     effectiveness, strengthen monitoring and control mechanisms,
serta menanamkan disiplin kepatuhan dan risk awareness di             and instill compliance discipline and risk awareness throughout
seluruh jenjang organisasi. Dengan demikian, penerapan GCG            the organization. Thus, the implementation of GCG not only
tidak hanya berfungsi sebagai instrumen kepatuhan, tetapi             serves as a compliance instrument but also as an enabler
juga menjadi enabler bagi inovasi yang bertanggung jawab,             for responsible innovation, long-term value creation, and the
penciptaan nilai jangka panjang, serta penguatan ketahanan            strengthening of sustainable business resilience.
usaha secara berkelanjutan.




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Peran Pengawasan Dewan Komisaris terhadap Whistleblowing System (WBS)
The Supervisory Role of the Board of Commissioners in the Whistleblowing System (WBS)

Dewan Komisaris menegaskan bahwa Whistleblowing System              The Board of Commissioners affirms that the Whistleblowing
(WBS) yang diterapkan oleh Perseroan telah berjalan secara          System (WBS) implemented by the Company has been
memadai dan berfungsi sebagai salah satu instrumen strategis        properly functioning and serves as a strategic instrument in
dalam memperkuat budaya kepatuhan dan integritas. Sistem            strengthening a culture of compliance and integrity. This system
ini dirancang untuk menyediakan saluran pelaporan atas              is designed to provide a safe, independent, and responsible
dugaan pelanggaran yang aman, independen, dan bertanggung           channel for reporting alleged violations, while promoting
jawab, sekaligus mendorong transparansi, akuntabilitas, dan         transparency, accountability, and trust across all lines of the
kepercayaan di seluruh lini operasional Perseroan.                  Company’s operations.

Dalam pelaksanaannya, Dewan Komisaris menjalankan fungsi            In its implementation, the Board of Commissioners actively and
pengawasan secara aktif dan berkesinambungan terhadap               continuously supervises the management of the WBS, including
pengelolaan WBS, antara lain melalui agenda evaluasi rutin          through a routine evaluation agenda and discussions at Board
serta pembahasan dalam rapat Dewan Komisaris. Keterlibatan          of Commissioners meetings. This involvement allows the Board
ini memungkinkan Dewan Komisaris memantau efektivitas               of Commissioners to monitor the overall effectiveness of the
sistem secara menyeluruh, memastikan setiap laporan                 system, ensure that each report is followed up on objectively
ditindaklanjuti secara objektif dan tepat waktu, serta mendorong    and in a timely manner, and encourage continuous improvement
penyempurnaan berkelanjutan agar WBS senantiasa berfungsi           so that the WBS always functions optimally.
secara optimal.

Melalui pendekatan pengawasan yang proaktif dan terstruktur         Through this proactive and structured supervisory approach,
ini, Dewan Komisaris menegaskan bahwa WBS tidak hanya               the Board of Commissioners emphasizes that the WBS is not
diposisikan sebagai prosedur administratif, tetapi sebagai          only positioned as an administrative procedure, but as an
bagian integral dari penerapan GCG yang berperan penting            integral part of GCG implementation that plays an important
dalam membangun iklim kerja yang beretika, berintegritas,           role in building an ethical and integrity-based work climate that
serta mendukung keberlanjutan usaha Perseroan.                      supports the Company’s business sustainability.


Penilaian terhadap Kinerja Komite-Komite di bawah Dewan Komisaris
Assessment of the Performance of Committees under the Board of Commissioners


Dalam menjalankan fungsi pengawasan, Dewan Komisaris                In performing its supervisory function, the Board of
membentuk 3 (tiga) komite pendukung, yaitu Komite Audit,            Commissioners established three supporting committees,
Komite Remunerasi dan Nominasi, serta Komite Pemantau               namely the Audit Committee, the Remuneration and Nomination
Risiko. Ketiga komite tersebut menjalankan peran strategis          Committee, and the Risk Monitoring Committee. These three
secara proaktif dalam memberikan masukan atas perumusan             committees play a proactive strategic role in providing input
kebijakan serta mendukung evaluasi kinerja Perseroan, dan           on policy formulation and supporting the evaluation of the
secara konsisten berkontribusi dalam memperkuat penerapan           Company’s performance, and consistently contribute to
GCG serta mendukung keberlanjutan usaha Perseroan.                  strengthening the implementation of GCG and supporting
                                                                    the sustainability of the Company’s business.

Berdasarkan evaluasi kinerja sepanjang tahun 2025, Dewan            Based on the performance evaluation throughout 2025,
Komisaris menilai bahwa setiap komite telah menunjukkan             the Board of Commissioners assessed that each committee
tingkat dedikasi dan profesionalisme yang konsisten. Penilaian      has demonstrated a consistent level of dedication and
tersebut mengacu pada tolok ukur yang telah disepakati, antara      professionalism. This assessment refers to agreed benchmarks,
lain frekuensi rapat, tingkat kehadiran anggota, kompetensi         including meeting frequency, member attendance, professional
profesional, pencapaian program kerja, serta kualitas dan           competence, work program achievements, and the quality
relevansi rekomendasi yang diberikan. Rincian penilaian kinerja     and relevance of recommendations provided. Details of each
masing-masing komite diuraikan sebagai berikut:                     committee’s performance assessment are outlined as follows:




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Komite Audit                                                      Audit Committee
Dewan Komisaris menilai bahwa Komite Audit telah                  The Board of Commissioners assessed that the Audit Committee
melaksanakan fungsi pengawasan secara efektif dan                 had carried out its supervisory function effectively and
berkesinambungan, terutama dalam menjaga kualitas                 continuously, particularly in maintaining the quality of financial
pelaporan keuangan, kecukupan pengendalian internal, serta        reporting, the adequacy of internal controls, and compliance
kepatuhan terhadap regulasi. Komite Audit juga secara aktif       with regulations. The Audit Committee also actively evaluated
melakukan evaluasi atas kinerja Kantor Akuntan Publik (KAP)       the performance of the Public Accounting Firm (KAP) and
dan menyampaikan rekomendasi penunjukan KAP kepada                submitted recommendations for the appointment of KAP (Public
Dewan Komisaris. Sepanjang tahun 2025, Komite Audit telah         Accounting Firm) to the Board of Commissioners. Throughout
menyelenggarakan 8 (delapan) kali rapat dengan tingkat            2025, the Audit Committee held 8 (eight) meetings with an
kehadiran anggota rata-rata sebesar 100%.                         average attendance rate of 100%.

Komite Pemantau Risiko                                            Risk Monitoring Committee
Komite Pemantau Risiko secara konsisten menjalankan fungsi        The Risk Monitoring Committee consistently performed
pengawasan atas penerapan manajemen risiko, memastikan            its supervisory function over the implementation of risk
eksposur risiko tetap berada dalam batas risk appetite, serta     management, ensuring that risk exposure remains within the
melakukan pemantauan aktif terhadap risiko pembiayaan,            risk appetite limits, and actively monitored financing, credit,
kredit, operasional, dan pasar. Komite ini juga berkontribusi     operational, and market risks. This committee also contributed
dalam mengevaluasi kebijakan dan regulasi yang berpotensi         to the evaluation of policies and regulations that may potentially
berdampak terhadap kegiatan usaha Perseroan. Sepanjang            impact the Company’s business activities. Throughout 2025,
tahun 2025, Komite Pemantau Risiko menyelenggarakan 5             the Risk Monitoring Committee held 5 (five) meetings with an
(lima) kali rapat dengan tingkat kehadiran anggota rata-rata      average attendance rate of 100%.
sebesar 100%.

Komite Remunerasi dan Nominasi                                    Remuneration and Nomination Committee
Dewan Komisaris menilai Komite Remunerasi dan Nominasi            The Board of Commissioners acknowledged that the
telah menjalankan fungsinya secara efektif dalam memastikan       Remuneration and Nomination Committee had performed its
transparansi dan kepatuhan pada proses nominasi dan kebijakan     functions effectively in ensuring transparency and compliance
remunerasi, selaras dengan prinsip GCG dan ketentuan yang         in the nomination process and remuneration policy, in line with
berlaku. Sepanjang tahun 2025, komite ini menyelenggarakan        GCG principles and applicable regulations. Throughout 2025,
4 (empat) kali rapat dengan tingkat kehadiran anggota rata-       this committee held 4 (four) meetings with an average member
rata sebesar 100%.                                                attendance rate of 100%.


Perubahan Komposisi Dewan Komisaris
Changes in the Composition of the Board of Commissioners


Berdasarkan keputusan Rapat Umum Pemegang Saham                   Based on the resolution of the Annual General Meeting of
Tahunan (RUPST) tanggal 21 April 2025, pemegang saham             Shareholders (AGMS) on April 21, 2025, the shareholders
menyetujui pengunduran diri Bapak Suparno Djasmin dan             approved the resignation of Mr. Suparno Djasmin and Mr.
Bapak Gede Harja Wasistha dari Dewan Komisaris, serta             Gede Harja Wasistha from the Board of Commissioners. They
mengangkat Bapak Rudy dan Bapak Margono Tanuwijaya,               appointed Mr. Rudy and Mr. Margono Tanuwijaya, effective
efektif setelah dinyatakan lulus uji kemampuan dan kepatutan      after passing the fit and proper test by the Financial Services
oleh OJK sesuai ketentuan yang berlaku.                           Authority (FSA) in accordance with applicable regulations.

Dengan demikian, susunan Dewan Komisaris Perseroan per            Thus, the composition of the Company’s Board of Commissioners
31 Desember 2025 adalah sebagai berikut:                          as of December 31, 2025, is as follows:
ɥ Presiden Komisaris : Rudy                                       ɥ President Commissioner : Rudy
ɥ Komisaris Independen : R. Nunu Soetjahja                        ɥ Independent Commissioner : R. Nunu Soetjahja
ɥ Komisaris Independen : Margono Tanuwijaya                       ɥ Independent Commissioner : Margono Tanuwijaya
ɥ Komisaris : Thomas Junaidi Alim Wijaya                          ɥ Commissioner : Thomas Junaidi Alim Wijaya




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Perubahan pada komposisi Dewan Komisaris ini           These changes to the composition of the Board of
diharapkan dapat memperkuat efektivitas fungsi         Commissioners are expected to strengthen the
pengawasan, kualitas penerapan GCG, serta              effectiveness of its supervisory function, the quality
menjaga kesinambungan arah strategis Perseroan         of GCG implementation, and maintain the continuity
dalam mendukung pertumbuhan berkelanjutan              of the Company’s strategic direction in supporting
dan penciptaan nilai jangka panjang bagi seluruh       sustainable growth and creating long-term value for
pemangku kepentingan.                                  all stakeholders.


Apresiasi
Appreciation


Dewan Komisaris menyampaikan apresiasi kepada          The Board of Commissioners would like to express its
Direksi dan seluruh karyawan atas dedikasi dan         appreciation to the Board of Directors and all employees
kontribusinya sepanjang tahun 2025. Ucapan terima      for their dedication and contributions throughout
kasih juga kami sampaikan kepada para pemegang         2025. We would also like to thank our shareholders,
saham, regulator, serta seluruh pemangku kepentingan   regulators, and all stakeholders for their trust, support,
atas kepercayaan, dukungan, dan kerja sama yang        and continued cooperation.
terus terjalin dengan baik.

Dengan fondasi yang kuat, tata kelola yang disiplin,   With a strong foundation, disciplined governance,
serta strategi yang terarah, Dewan Komisaris           and focused strategy, the Board of Commissioners is
optimistis Perseroan dapat melanjutkan perjalanan      optimistic that the Company can continue its healthy
pertumbuhannya secara sehat, berkelanjutan, dan        and sustainable growth journey and provide long-term
memberikan nilai tambah jangka panjang yang selaras    added value that is aligned with economic, social, and
dengan kepentingan ekonomi, sosial, dan lingkungan.    environmental interests.




                                      Atas nama Dewan Komisaris,
                                 On behalf of the Board of Commissioners,




                                               Rudy
                                           Presiden Komisaris
                                          President Commissioner




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Thomas Junaidi                                                 Margono                     R. Nunu Soetjahja
                                   Rudy
 Alim Wijaya                 Presiden Komisaris
                                                              Tanuwijaya                       Noegroho
    Komisaris               President Commissioner          Komisaris Independen            Komisaris Independen
   Commissioner                                            Independent Commissioner         Independent Commissioner




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Siswadi
Presiden Direktur
President Director




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Laporan Direksi
Board of Directors’ Report

Melalui implementasi strategi bisnis yang tepat, Perseroan berhasil
mempertahankan kinerja yang solid di tengah dinamika industri, dengan
total pembiayaan yang disalurkan mencapai Rp49,5 triliun atau tumbuh
7,6% (YoY), serta membukukan laba sebesar Rp4,63 triliun atau setara
101,5% dari target tahunan dan meningkat 4,9% (YoY). Pencapaian
ini sekaligus memperkuat fondasi pertumbuhan berkelanjutan dan
penciptaan nilai jangka panjang bagi seluruh pemangku kepentingan.
Through the implementation of the right business strategy, the Company
managed to maintain solid performance amid industry dynamics, with total
financing disbursed reaching Rp49.5 trillion or a growth of 7.6% (YoY), and
recorded a profit of Rp4.63 trillion or equivalent to 101.5% of the annual target
and an increase of 4.9% (YoY). This achievement also strengthens the foundation
for sustainable growth and long-term value creation for all stakeholders.



     Para Pemegang Saham dan Pemangku Kepentingan yang Kami Hormati,
     To Our Esteemed Shareholders and Stakeholders,


Puji syukur kami panjatkan ke hadirat Tuhan Yang Maha        Praise and gratitude be to God Almighty for His grace
Esa atas rahmat dan kehendak-Nya sehingga PT Federal         and goodwill, enabling PT Federal International Finance
International Finance (“Perseroan”) dapat menutup            (“the Company”) to conclude the 2025 fiscal year with
tahun buku 2025 dengan kinerja yang tetap resilien           resilient performance and prudent management, amid
dan terkelola secara prudent, di tengah perlambatan          a slowdown in the financing industry influenced by
industry pembiayaan yang dipengaruhi oleh moderasi           moderating demand in the automotive sector. This
permintaan sektor otomotif. Capaian ini mencerminkan         achievement reflects the consistency of the Company’s
konsistensi arah strategi Perseroan, ketangguhan model       strategic direction, the resilience of its business model,
bisnis, serta efektivitas tata kelola dan manajemen          and the effectiveness of its governance and risk
risiko dalam menjaga kesinambungan pertumbuhan               management in maintaining long-term growth.
jangka panjang.

Melalui Laporan Tahunan ini, Direksi menyampaikan            Through this Annual Report, the Board of Directors
pertanggungjawaban atas pengurusan dan pengelolaan           presents its accountability for the management and
Perseroan kepada para pemegang saham, sebagaimana            administration of the Company to its shareholders, as
diamanatkan dalam ketentuan peraturan perundang-             mandated by the provisions of laws and regulations and
undangan dan prinsip Tata Kelola Perusahaan yang             the principles of Good Corporate Governance (GCG).
Baik (Good Corporate Governance/”GCG”). Laporan              This report comprehensively outlines the strategic
ini memuat secara komprehensif arah kebijakan                policy direction, operational and financial performance,
strategis, kinerja operasional dan keuangan, efektivitas     the effectiveness of strategy implementation, the
pelaksanaan strategi, dinamika risiko dan peluang            dynamics of risks and business opportunities, as well
usaha, serta langkah penguatan fundamental Perseroan         as measures to strengthen the Company’s fundamentals
dalam menghadapi perubahan lingkungan bisnis.                in responding to changes in the business environment.




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Dinamika Perekonomian Global, Nasional, dan Industri Pembiayaan
Global, National, and Financing Industry Economic Dynamics

Sepanjang tahun 2025, perekonomian global berada dalam             Global, National, and Financing Industry Economic Dynamics
fase penyesuaian struktural di tengah ketidakpastian geopolitik    Throughout 2025, the global economy experienced a
yang meningkat, eskalasi tensi perdagangan antar negara,           period of structural adjustment amid increasing geopolitical
serta fragmentasi rantai pasok global. Kondisi ini mendorong       uncertainty, escalating trade tensions between countries, and
volatilitas pasar keuangan, termasuk fluktuasi nilai tukar         the fragmentation of global supply chains. These conditions
sehingga membatasi ruang ekspansi investasi dan konsumsi           have led to financial market volatility, including exchange rate
dunia. Normalisasi kebijakan moneter di negara-negara maju         fluctuations, thereby limiting the scope for global investment
juga berlangsung secara bertahap, sejumlah bank sentral telah      and consumption expansion. Monetary policy normalization
memulai siklus penurunan suku bunga secara gradual. Namun          in developed countries is also progressing gradually, with a
demikian proses normalisasi tetap dilakukan secara hati-hati       number of central banks starting a cycle of gradual interest
sehingga suku bunga bank masih berada pada level yang              rate cuts. However, the normalization process is still being
relatif tinggi dalam jangka pendek. Dalam konteks tersebut,        conducted cautiously, so that bank interest rates remain at
International Monetary Fund (IMF) dalam World Economic             relatively high levels in the short term. In this context, the
Outlook edisi Januari 2026 memperkirakan pertumbuhan               International Monetary Fund (IMF) in its January 2026 edition
ekonomi global hanya berada pada kisaran 3,3% (YoY),               of the World Economic Outlook estimates that global economic
melambat dibandingkan tahun sebelumnya dan tetap di bawah          growth has only reached around 3.3% (YoY), slowing down
tren historis jangka panjang.                                      compared to the previous year and remaining below the long-
                                                                   term historical trend.

Di tengah tekanan global yang kompleks tersebut,                   Amid these complex global pressures, the Indonesian economy
perekonomian Indonesia menunjukkan ketahanan yang relatif          has shown relatively solid resilience despite facing several
solid meskipun menghadapi sejumlah tekanan signifikan.             significant pressures. Gross Domestic Product (GDP) growth
Pertumbuhan Produk Domestik Bruto (PDB) 2025 tercatat              in 2025 was recorded at 5.11% (YoY), supported by strong
5,11% (YoY), didukung oleh konsumsi rumah tangga dan investasi     household consumption and investment as the main pillars.
yang kuat sebagai pilar utama. Stabilitas makroekonomi             Macroeconomic stability was maintained through effective fiscal
terjaga melalui sinergi kebijakan fiskal dan moneter yang          and monetary policy synergies, as well as the maintenance of
efektif, serta terpeliharanya kecukupan likuiditas di sektor       sufficient liquidity in the financial sector. In contrast, pressure
keuangan. Namun, tekanan terhadap daya beli masyarakat             on people’s purchasing power and shrinking incomes among
dan penyusutan pendapatan kelompok kelas menengah mulai            the middle class began to affect consumption patterns and
memengaruhi pola konsumsi dan meningkatkan kehati-hatian           increased caution in financing decisions.
dalam pengambilan keputusan pembiayaan.

Sejalan dengan tren tersebut, data Otoritas Jasa Keuangan          In line with this trend, data from the Financial Services Authority
(OJK) mencatat bahwa total piutang pembiayaan perusahaan           (FSA) shows that total financing receivables of multifinance
multifinance tumbuh terbatas sebesar 0,61% (YoY) menjadi           companies increased modestly by 0.61% (YoY) to Rp506.5
Rp506,5 triliun per Desember 2025. Namun jika dilihat dari         trillion as of December 2025. Nevertheless, in terms of new
penyaluran Pembiayaan baru, segmen pembiayaan kendaraan            financing disbursements, the two-wheeled vehicle financing
roda dua masih menunjukkan ketahanan relatif baik dengan           segment still showed relatively good resilience with positive
pertumbuhan positif sekitar 2,7% (YoY) sampai dengan Desember      growth of around 2.7% (YoY) until December 2025, indicating
2025, yang mengindikasikan bahwa kebutuhan pembiayaan              that financing needs in this segment remained resilient despite
pada segmen ini tetap resilien meskipun di tengah perlambatan      the general slowdown. Overall, the industry’s risk profile remains
yang terjadi secara umum. Secara keseluruhan, profil risiko        stable, but pressure on consumers’ ability to pay must remain
industri tetap terjaga, namun tekanan terhadap kemampuan           a concern as purchasing power is expected to continue to be
bayar konsumen tetap harus menjadi perhatian seiring dengan        under pressure.
tekanan daya beli yang diperkirakan masih berlanjut.




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Keterlibatan Direksi dalam Perumusan dan Eksekusi Strategi Perseroan
Involvement of the Board of Directors in Formulating and Executing the Company’s Strategy

Dalam merespons lingkungan usaha yang semakin kompetitif,           In response to an increasingly competitive business environment,
Direksi telah mengarahkan Manajemen dan seluruh jajaran             the Board of Directors has directed Management and all levels
Perseroan untuk memperkuat bisnis portfolio, implementasi           of the Company to strengthen its business portfolio, implement
manajemen risiko, mengoptimalkan struktur pendanaan dan             risk management, optimize its funding structure, and utilize
pemanfaatan teknologi digital guna meningkatkan efisiensi           digital technology to improve operational efficiency and service
operasional dan kualitas layanan. Penerapan strategi                quality. The implementation of this selective and adaptive
pertumbuhan yang selektif dan adaptif ini memungkinkan              growth strategy has enabled the Company to maintain a balance
Perseroan menjaga keseimbangan antara perluasan portofolio          between portfolio expansion and asset quality, while ensuring
dan kualitas aset, sekaligus memastikan kesinambungan               continued performance amid external and domestic pressures
kinerja di tengah tekanan eksternal dan domestik sepanjang          throughout 2025.
tahun 2025.

Direksi menjalankan peran strategis dalam memastikan bahwa          The Board of Directors plays a strategic role in ensuring that the
arah bisnis Perseroan terformulasi secara tepat, responsif          Company’s business direction is properly formulated, responsive
terhadap dinamika pasar, serta selaras dengan mandat                to market dynamics, and aligned with shareholder mandates
pemegang saham dan strategi pertumbuhan jangka panjang.             and long-term growth strategies. The formulation of corporate
Perumusan strategi korporat dilaksanakan secara kolaboratif         strategy is executed collaboratively with management through
bersama jajaran manajemen melalui proses analisis yang              a structured analysis process to set measurable financial and
terstruktur guna menetapkan target kinerja keuangan dan             operational performance targets, as outlined in the 2025 Annual
operasional yang terukur, sebagaimana dituangkan dalam              Business Plan (RBT).
Rencana Bisnis Tahunan (RBT) Tahun 2025.

Dalam kerangka tersebut, setiap anggota Direksi berkontribusi       Within this framework, each member of the Board of Directors
aktif sesuai dengan kompetensi dan ruang lingkup tanggung           actively contributes according to their competencies and
jawabnya dengan mengintegrasikan evaluasi kinerja historis,         scope of responsibility by integrating historical performance
efektivitas implementasi strategi, serta proyeksi risiko dan        evaluations, strategy implementation effectiveness, and
peluang yang berkembang di lingkungan internal maupun               projections of risks and opportunities developing in the
eksternal. Pelibatan Dewan Komisaris dalam keseluruhan              internal and external environment. The involvement of
proses ini turut memperkuat kualitas pengambilan keputusan          the Board of Commissioners in this entire process further
strategis melalui perspektif pengawasan independent serta           strengthens the quality of strategic decision-making through
penguatan prinsip GCG.                                              an independent supervisory perspective and the reinforcement
                                                                    of GCG principles.

Pada tahap implementasi, Direksi menerapkan kerangka                At the implementation stage, the Board of Directors applied
pengendalian kinerja yang disiplin melalui siklus Plan–Do–          a disciplined performance control framework through the
Check–Act (PDCA) guna memastikan konsistensi pelaksanaan            Plan–Do–Check–Act (PDCA) cycle to ensure consistency in
strategi, akuntabilitas kinerja, serta pencapaian target secara     strategy implementation, performance accountability, and
berkelanjutan. Pemantauan kinerja dan inisiatif strategis           sustainable target achievement. The Board of Directors
dilakukan Direksi secara berkala melalui forum Monthly              monitors performance and strategic initiatives on a regular
Performance Review di tingkat korporasi, serta kegiatan GENBA       basis through the Monthly Performance Review forum at the
yakni peninjauan langsung pada tingkat area hingga cabang,          corporate level, as well as GENBA activities, which involve
sehingga Perseroan dapat merespons dinamika bisnis dan              direct reviews at the regional and branch levels, enabling the
risiko secara cepat dan terukur.                                    Company to respond to business dynamics and risks quickly
                                                                    and appropriately.




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Prioritas Strategis dan Inisiatif Kunci Tahun 2025
Strategic Priorities and Key Initiatives for 2025

Sepanjang tahun 2025, Perseroan memprioritaskan                      Throughout 2025, the Company has prioritized optimizing the
optimalisasi kinerja portofolio pembiayaan eksisting dengan          performance of its existing financing portfolio by maintaining
mempertahankan kepemimpinan pasar pada segmen                        its market leadership in the Honda brand two-wheeled
pembiayaan kendaraan roda dua (2W) merek Honda di tengah             vehicle (2W) financing segment amid increasingly competitive
persaingan yang semakin ketat. Perseroan juga memfokuskan            conditions. The Company has also focused its strategy on
strategi pada peningkatan customer retention melalui                 improving customer retention through the use of data analytics
pemanfaatan data analytics untuk menghadirkan penawaran              to deliver more targeted and relevant offers to consumers. In
yang lebih tepat sasaran dan relevan bagi konsumen. Selain           addition, the optimization of the sales network continues to be
itu, optimalisasi jaringan sebagai point of sales terus dilakukan    carried out to strengthen the consumer base more efficiently,
untuk memperkuat basis konsumen secara lebih efisien,                while strengthening the Company’s presence in the market to
sekaligus memperkuat kehadiran Perseroan di pasar untuk              improve service access for customers. To strengthen growth
meningkatkan akses layanan bagi pelanggan. Dalam rangka              diversification, the Company continues to develop its productive
memperkuat diversifikasi pertumbuhan, Perseroan secara               financing business capabilities through FINATRA as a new pillar
berkelanjutan mengembangkan kapabilitas bisnis productive            of growth in the future.
financing melalui FINATRA sebagai pilar pertumbuhan baru
di masa mendatang.

Sebagai penopang keberhasilan eksekusi strategi dan                  To support the successful execution of its strategy and the
kesinambungan penciptaan nilai jangka panjang, Perseroan             continuity of long-term value creation, the Company is also
juga memperkuat pengelolaan talenta dan posisi strategis             strengthening its talent management and strategic positioning
guna memastikan ketersediaan kapabilitas yang selaras                to ensure the availability of capabilities that are in line with
dengan kebutuhan pertumbuhan bisnis. Secara paralel,                 business growth needs. At the same time, the implementation of
penerapan prinsip GCG serta penguatan kontribusi kepada              GCG principles and the strengthening of public contributions are
masyarakat (public contributions) terus dijalankan secara            consistently implemented as an integral part of the corporate
konsisten sebagai bagian integral dari strategi korporasi untuk      strategy to build a credible reputation, strengthen business
membangun reputasi yang kredibel, memperkuat ketahanan               resilience, and secure sustainable returns for shareholders.
usaha, serta memastikan keberlanjutan imbal hasil bagi para
pemegang saham.


Kinerja Perseroan Tahun 2025
Company Performance in 2025


Perbandingan Target dan Realisasi Kinerja Tahun 2025                 Comparison of Targets and Actual Performance in 2025
Perseroan berhasil mempertahankan kinerja yang solid di              The Company managed to uphold its solid performance amid
tengah perlambatan industri dan tekanan makroekonomi                 industry slowdown and macroeconomic pressures, with total
dengan total pembiayaan yang disalurkan mencapai Rp49,5              financing disbursed reaching Rp49.5 trillion, a growth of 7.6%
triliun atau tumbuh 7,6% (YoY). Kinerja pembiayaan yang solid        (YoY). This solid financing performance directly contributed
secara langsung berkontribusi terhadap pertumbuhan kinerja           to the Company’s financial growth throughout 2025. Profit
keuangan Perseroan sepanjang tahun 2025. Laba tercatat               reached Rp4.63 trillion, equivalent to 101.5% of the annual target,
mencapai Rp 4,63 triliun atau setara dengan 101,5% dari target       and increased by 4.9% (YoY) compared to the previous year’s
tahunan, serta meningkat sebesar 4,9% (YoY) dibandingkan             realization. In terms of efficiency, the Company managed to
realisasi tahun sebelumnya. Dari sisi efisiensi, Perseroan           maintain a relatively stable BOPO ratio from 57.0% to 59.9%,
berhasil menjaga rasio BOPO relatif stabil dari 57,0% menjadi        reflecting increasingly optimal cost management and maintained
59,9%, mencerminkan pengelolaan biaya yang semakin optimal           operational discipline amid challenging industry dynamics.
serta disiplin operasional yang terjaga di tengah dinamika
industri yang menantang.




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Di luar pencapaian finansial, Perseroan terus melanjutkan            Beyond its financial achievements, the Company continues
agenda transformasi bisnis melalui berbagai inisiatif inovasi        to pursue its business transformation agenda through various
yang diarahkan untuk menciptakan nilai tambah bagi debitur,          innovation initiatives aimed at creating added value for debtors,
mitra bisnis, dan internal organisasi. Upaya ini diwujudkan          business partners, and the internal organization. These efforts
melalui penyempurnaan proses internal serta peningkatan              are manifested through the refinement of internal processes
kualitas layanan yang secara langsung memperkaya                     and the improvement of service quality, which directly enrich
pengalaman nasabah. Sejalan dengan itu, Perseroan telah              the customer experience. Accordingly, the Company has
memperkuat ekosistem digital guna menghadirkan proses                strengthened its digital ecosystem to provide easier and more
transaksi pembiayaan yang lebih mudah dan seamless,                  seamless financing transaction processes, while optimizing the
sekaligus mengoptimalkan pemanfaatan data analytics                  use of data analytics to gain a more accurate understanding of
untuk memperoleh pemahaman yang lebih akurat terhadap                customer needs so that each service provided is more relevant,
kebutuhan pelanggan sehingga setiap layanan yang diberikan           personalized, and targeted.
semakin relevan, personal, dan tepat sasaran.

Kemampuan dalam Merespons Tantangan                                  Ability to Respond to Challenges
Di Tengah dinamika industry yang semakin kompleks sepanjang          Amidst increasingly complex industry dynamics in 2025, the
tahun 2025, Perseroan secara konsisten menunjukkan                   Company consistently demonstrated its ability to adapt and
kemampuan adaptasi dalam menjaga stabilitas kinerja                  maintain stable performance despite pressure from slowing
di tengah tekanan perlambatan daya beli Masyarakat dan               consumer purchasing power and moderating demand for motor
moderasi permintaan terhadap pembiayaan kendaraan                    vehicle financing. Changes in consumer behavior and increased
bermotor. Perubahan perilaku konsumen serta meningkatnya             risks in the real sector have contributed to an increase in the
risiko pada sektor riil turut mendorong kenaikan rasio               ratio of non-performing financing, yet the Company has been
pembiayaan bermasalah, namun Perseroan Perseroan mampu               able to maintain the quality of its portfolio with an NPF Gross
mempertahankan kualitas portofolio dengan NPF Bruto                  of 1.49%, which is still better than the industry average. This
sebesar 1,49%, tetap lebih baik dibandingkan rata-rata industri.     achievement reflects the resilience of the financing portfolio
Pencapaian ini mencerminkan ketahanan portfolio pembiayaan           and the consistent application of risk management discipline.
serta konsistensi penerapan disiplin manajemen risiko.

Dalam merespons tantangan tersebut, Perseroan memperkuat             In response to these challenges, the Company strengthened
disiplin operasional secara menyeluruh yang di antaranya             its overall operational discipline, which included improving the
mencakup peningkatan kualitas analisis kredit berbasis data          quality of data analytics-based credit analysis and optimizing
analytics, serta optimalisasi pengelolaan piutang melalui            receivables management through intensified collectability
intensifikasi pemantauan kolektabilitas, untuk menjaga kualitas      monitoring to maintain asset quality. With the implementation of
aset. Dengan penerapan tata kelola risiko yang kuat dan prinsip      strong risk management and the principle of prudence in every
kehati-hatian dalam setiap persetujuan pembiayaan, Perseroan         financing approval, the Company was able to maintain healthy
dapat mempertahankan pertumbuhan aset yang dikategorikan             asset growth. Supported by proven execution capabilities,
tetap sehat. Didukung kapabilitas eksekusi yang teruji, Direksi      the Board of Directors believes that the Company remains
menilai bahwa Perseroan berada pada posisi yang tetap                competitive, resilient, and adaptive in tackling market volatility,
kompetitif, resilien, dan adaptif dalam menghadapi volatilitas       while strengthening the foundation for long-term value creation
pasar, sekaligus memperkuat fondasi penciptaan nilai jangka          for shareholders.
panjang bagi para pemegang saham.




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Prospek Bisnis Tahun 2026
Business Prospects for 2026

Direksi memandang bahwa Perseroan berada dalam posisi              The Board of Directors believes that the Company is in a solid
yang solid untuk menangkap peluang pertumbuhan seiring             position to capture growth opportunities in line with Indonesia’s
dengan stabilitas perekonomian Indonesia yang terus terjaga.       continued economic stability. The projected national economic
Pertumbuhan ekonomi nasional yang diproyeksikan berada             growth of 5.0%–5.4% (YoY) in 2026 is expected to strengthen
pada kisaran 5,0%–5,4% (YoY) pada tahun 2026 diperkirakan          demand for financing, both in the consumer financing segment
akan memperkuat permintaan pembiayaan, baik pada segmen            and the productive sector.
pembiayaan konsumen dan sektor produktif.

Sejalan dengan prospek makroekonomi yang tetap konstruktif         Consistent with the constructive macroeconomic prospects
ke depan, Direksi memandang bahwa industri pembiayaan              going forward, the Board of Directors believes that the
secara keseluruhan memiliki ruang pertumbuhan yang                 financing industry as a whole has the potential for sustainable
berkelanjutan. Kondisi tersebut diyakini akan menjadi katalis      growth. These conditions are believed to be a catalyst that will
yang memperkuat kapasitas Perseroan untuk menyalurkan              strengthen the Company’s capacity to channel new financing
pembiayaan baru secara prudent sekaligus memperluas                prudently while expanding market penetration. By remaining
penetrasi pasar. Dengan tetap berfokus pada segmen sepeda          focused on the motorcycle, multipurpose financing, and sharia
motor, pembiayaan multiguna, dan pembiayaan syariah, serta         financing segments, and supported by product innovation and
didukung oleh inovasi produk dan penguatan kualitas layanan,       service quality enhancement, the Company is optimistic that
Perseroan optimistis dapat mempertahankan momentum                 it can maintain solid growth momentum with a new financing
pertumbuhan yang solid dengan target penyaluran pembiayaan         distribution target of Rp49.9 trillion in 2026. To support the
baru sebesar Rp49,9 triliun pada 2026. Untuk mendukung             achievement of this target, the Company has prepared a series
pencapaian target tersebut, Perseroan telah menyiapkan             of strategic initiatives that focus on service innovation, including
serangkaian inisiatif strategis yang berfokus pada inovasi         the development of FINATRA as a new engine of growth, as well
layanan, termasuk pengembangan FINATRA sebagai new                 as the utilization of service digitalization so that every debtor
engine of growth, sekaligus pemanfaatan digitalisasi layanan       can experience faster, easier, and more integrated financing.
agar setiap debitur memperoleh pengalaman pembiayaan
yang semakin cepat, mudah, dan terintegrasi.

Dengan mempersiapkan fondasi bisnis yang kokoh sepanjang           By preparing a solid business foundation throughout 2025 and
tahun 2025 serta didukung oleh implementasi strategi inovatif      supported by the implementation of targeted and sustainable
yang terarah dan berkelanjutan di tahun depan, Direksi meyakini    innovative strategies in the coming year, the Board of Directors
bahwa Perseroan memiliki kapabilitas yang solid untuk              believes that the Company has solid capabilities to navigate
menavigasi dinamika pasar, memperluas penetrasi layanan,           market dynamics, expand service penetration, and deliver
serta menghadirkan nilai tambah berkelanjutan bagi debitur,        sustainable added value to debtors, partners, and shareholders.
mitra, dan pemegang saham. Sinergi seluruh inisiatif strategis     The synergy of all these strategic initiatives is expected to
tersebut diyakini akan semakin memperkuat posisi Perseroan         further strengthen the Company’s position as one of the leading
sebagai salah satu perusahaan pembiayaan terkemuka di              financing companies in the national multifinance industry.
industri multifinance nasional.


Komitmen Perseroan terhadap Penerapan Prinsip Tata Kelola Perusahaaan yang Baik
The Company’s Commitment to Implementing Good Corporate Governance Principles

Perseroan menegaskan komitmen penuh untuk menerapkan               The Company affirms its full commitment to implementing
prinsip GCG sebagai landasan utama dalam menjalankan               GCG principles as the main foundation in conducting all
seluruh aktivitas usaha. Perseroan meyakini bahwa penerapan        business activities. The Company is convinced that consistent
GCG yang konsisten tidak hanya membentuk fondasi                   implementation of GCG not only forms a solid operational
operasional yang kokoh, tetapi juga berperan penting dalam         foundation, but also plays an important role in creating a
menciptakan sistem pengelolaan yang transparan, akuntabel,         transparent, accountable, and integrity management system,
dan berintegritas, sehingga mendukung keberlanjutan kinerja        thereby supporting the sustainability of performance and the
dan kepercayaan para pemangku kepentingan.                         trust of stakeholders.




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Sejalan dengan komitmen tersebut, sepanjang tahun 2025              Aligned with this commitment, the Company proactively
Perseroan secara proaktif memperkuat implementasi GCG               strengthened the implementation of GCG and compliance
dan kepatuhan, khususnya dalam merespons terbitnya                  throughout 2025, particularly in response to the issuance of
regulasi POJK No. 48 Tahun 2024 (“POJK 48/2024”)                    POJK No. 48 of 2024 (“POJK 48/2024”) concerning Good
tentang Tata Kelola yang Baik bagi Lembaga Pembiayaan,              Governance for Financing Institutions, Venture Capital
Perusahaan Modal Ventura, Lembaga Keuangan Mikro, dan               Companies, Microfinance Institutions, and Other Financial
Lembaga Jasa Keuangan Lainnya. Dalam rangka memastikan              Services Institutions. To comply with the latest regulations,
keselarasan dengan regulasi terbaru, Perseroan melakukan            the Company updated its internal policies and procedures
pembaruan kebijakan dan prosedur internal serta memperkuat          and strengthened their implementation throughout the
implementasinya di seluruh organisasi. Langkah ini memastikan       organization. This step ensures that GCG principles are
bahwa prinsip GCG diterapkan secara komprehensif, konsisten,        applied comprehensively, consistently, and sustainably, while
dan berkelanjutan, sekaligus memperkuat praktik bisnis yang         strengthening professional and trustworthy business practices.
profesional dan tepercaya.

Tidak hanya berfokus pada penyesuaian kebijakan dan struktur,       Not only focusing on policy and structural adjustments, the
Perseroan juga secara berkelanjutan mendorong partisipasi aktif     Company also continuously encourages the active participation
seluruh organ Perseroan dan karyawan dalam menjaga kualitas         of all Company’s governing bodies and employees in
kepatuhan melalui sosialisasi berkala atas perkembangan             maintaining compliance quality through regular socialization
regulasi yang relevan dengan industri pembiayaan. Upaya ini         of regulatory developments relevant to the financing industry.
dilengkapi dengan penguatan mekanisme pemantauan dan                This effort is complemented by the strengthening of continuous
evaluasi berkelanjutan yang dijalankan oleh Fungsi Kepatuhan,       monitoring and evaluation mechanisms carried out by the
Manajemen Risiko, dan Audit Internal guna memastikan                Compliance, Risk Management, and Internal Audit Functions
efektivitas penerapan GCG. Melalui pendekatan tersebut,             to achieve effective implementation of GCG. By applying this
prinsip GCG diinternalisasikan secara konsisten di seluruh          approach, GCG principles are consistently internalized at all
tingkatan organisasi, sekaligus membentuk lingkungan kerja          levels of the organization, while also fostering a professional,
yang profesional, beretika, dan berintegritas.                      ethical, and integrity-driven work environment.

Selaras dengan penguatan budaya kepatuhan yang dibangun             In line with the Company’s efforts to reinforce its culture
Perseroan, Direksi menilai bahwa kinerja komite dan organ           of compliance, the Board of Directors considers that the
pendukung Direksi telah berjalan dengan baik dan efektif,           performance of the committees and supporting governing
termasuk dalam penerapan rekomendasi serta keselarasan              bodies of the Board of Directors has been sound and effective,
program kerja dengan kebutuhan dan strategi Perseroan.              including in the implementation of recommendations and the
Direksi mengapresiasi peran aktif organ pendukung dalam             alignment of work programs with the Company’s needs and
memperkuat GCG, mendukung pengambilan keputusan                     strategies. The Board of Directors appreciates the active role
berbasis data dan risiko, serta memastikan kepatuhan                of supporting governing bodies in reinforcing GCG, supporting
terhadap regulasi dan kebijakan internal. Keberadaan fungsi-        data and risk-based decision making, and ensuring compliance
fungsi ini menjadi faktor penting dalam menjaga konsistensi,        with regulations and internal policies. The existence of these
transparansi, dan efektivitas pelaksanaan strategi Perseroan,       functions is an important factor in maintaining consistency,
sekaligus memperkuat fondasi pencapaian kinerja jangka              transparency, and effectiveness in the implementation of the
panjang yang berkelanjutan.                                         Company’s strategy, while strengthening the foundation for
                                                                    achieving sustainable long-term performance.

Sejalan dengan penguatan tata kelola secara keseluruhan,            Consistent to the strengthening of overall governance, the
Perseroan juga menempatkan manajemen risiko dan sistem              Company also places risk management and internal control
pengendalian internal sebagai pilar utama dalam menjaga             systems as key pillars in maintaining operational sustainability
keberlanjutan dan integritas operasional. Direksi menilai           and integrity. The Board of Directors considers that these
bahwa mekanisme tersebut telah berjalan secara memadai dan          mechanisms have been working adequately and effectively in
efektif dalam mendukung deteksi dini risiko, mitigasi potensi       supporting early risk detection, mitigating potential irregularities,
penyimpangan, serta menjaga konsistensi dan integritas seluruh      and maintaining the consistency and integrity of all operational
kegiatan operasional. Penerapan sistem pengendalian yang            activities. The implementation of this continuous control
berkesinambungan ini turut membentuk lingkungan kerja yang          system also shapes an environment of integrity, strengthens
berintegritas, memperkuat akuntabilitas, serta memastikan           accountability, and confirms that the Company’s business
bahwa praktik bisnis Perseroan dijalankan secara profesional,       practices are implemented in a professional, transparent, and
transparan, dan dapat dipertanggungjawabkan.                        accountable manner.



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Komitmen terhadap Keuangan Berkelanjutan
Commitment to Sustainable Finance

Perseroan secara konsisten menunjukkan komitmen terhadap          The Company consistently demonstrates its commitment to
penerapan keuangan berkelanjutan melalui penyusunan dan           implementing sustainable finance through the preparation and
pelaksanaan Rencana Aksi Keuangan Berkelanjutan (RAKB)            implementation of a Sustainable Finance Action Plan (RAKB) that
yang dirancang secara sistematis sesuai ketentuan POJK            is systematically designed in accordance with the provisions
No. 51/POJK.03/2017 (“POJK 51/2017”) tentang Penerapan            of POJK No. 51/POJK.03/2017 (“POJK 51/2017”) concerning
Keuangan Berkelanjutan bagi Lembaga Jasa Keuangan, Emiten,        the Implementation of Sustainable Finance for Financial
dan Perusahaan Publik. Pada tahun 2025, Perseroan telah           Services Institutions, Issuers, and Public Companies. In 2025,
menyusun RAKB yang sudah memperoleh persetujuan Direksi           the Company has prepared an RAKB that has been approved
dan Dewan Komisaris, serta dilaporkan secara berkala capaian      by the Board of Directors and Board of Commissioners, and
pelaksanaannya kepada OJK. Sejalan dengan komitmen                its implementation achievements are reported periodically to
tersebut, Direksi memastikan bahwa prinsip-prinsip keuangan       the FSA. In line with this commitment, the Board of Directors
berkelanjutan terintegrasi dalam kebijakan internal, proses       ensures that sustainable finance principles are integrated
bisnis, serta pengembangan portofolio pembiayaan Perseroan        into the Company’s internal policies, business processes, and
sehingga keberlanjutan menjadi bagian yang tidak terpisahkan      financing portfolio development so that sustainability becomes
dari strategi bisnis dan operasional secara menyeluruh.           an integral part of its overall business and operational strategies.

Sebagai wujud implementasi konkret dari komitmen tersebut,        As a concrete manifestation of this commitment, the Company
Perseroan secara bertahap mengembangkan portofolio                is gradually developing a financing portfolio that falls under the
pembiayaan yang termasuk dalam Kategori Kegiatan Usaha            Sustainable Business Activity Category (KKUB) in accordance
Berkelanjutan (KKUB) sesuai dengan ketentuan POJK 51/2017.        with the provisions of POJK 51/2017. Through the development
Melalui pengembangan portofolio ini, Perseroan berupaya           of this portfolio, the Company strives to provide financing
menghadirkan solusi pembiayaan yang tidak hanya relevan           solutions that are not only relevant to the business, but also
secara bisnis, tetapi juga memberikan kontribusi nyata            make a real contribution to environmental and social aspects,
terhadap aspek lingkungan dan sosial, antara lain melalui         including through the financing of Honda electric motorcycles,
pembiayaan sepeda motor listrik merek Honda, sepeda listrik,      electric bicycles, solar panels, and financing for MSME players.
solar panel, serta pembiayaan bagi pelaku UMKM. Seiring           Along with strengthening the Sustainable Business Activity
dengan penguatan portofolio KKUB tersebut, Perseroan              (KKUB) portfolio, the Company also encourages the transition
juga mendorong transisi menuju ekonomi yang lebih ramah           to a more environmentally friendly economy while expanding
lingkungan sekaligus memperluas akses pembiayaan yang             access to inclusive and sustainable financing for the community.
inklusif dan berkelanjutan bagi masyarakat.

Sejalan dengan arah pengembangan tersebut, pada tahun             Alongside this development, in 2025 the Company strengthened
2025 Perseroan memperkuat langkah keberlanjutannya                its sustainability efforts by obtaining an Environmental, Social,
melalui perolehan pinjaman berbasis Environmental, Social,        and Governance (ESG)-based loan worth USD50 million. This
and Governance (ESG) senilai USD50 juta. Pendanaan ini            funding reflects the trust of stakeholders and expands the
mencerminkan kepercayaan pemangku kepentingan sekaligus           Company’s scope to increase its measurable sustainability
memperluas ruang bagi Perseroan untuk meningkatkan                impact through strategic allocation in two main categories,
dampak keberlanjutan secara terukur dengan alokasi strategis      namely Green Projects and Social Projects. Through Green
pada 2 (dua) kategori utama, yaitu Green Project dan Social       Projects, the Company supported the transition to a low-carbon
Project. Melalui Green Project, Perseroan mendukung transisi      economy by financing solar panels, electric bicycles, and Honda
menuju ekonomi rendah karbon melalui pembiayaan solar             electric motorcycles. Likewise, through Social Projects, the
panel, sepeda listrik, serta sepeda motor listrik merek Honda.    Company strengthened community empowerment through
Sementara itu melalui Social Project, Perseroan memperkuat        FIFASTRA and SPEKTRA for women and underprivileged
pemberdayaan masyarakat melalui FIFASTRA dan SPEKTRA              groups, as well as FINATRA for MSME development. This
bagi kelompok perempuan dan kelompok kurang terlayani,            integrated approach reaffirms the Company’s commitment to
serta FINATRA untuk pengembangan UMKM. Pendekatan                 balancing economic, environmental, and social value creation
terintegrasi ini menegaskan komitmen Perseroan dalam              in a sustainable manner.
menyeimbangkan penciptaan nilai ekonomi, lingkungan, dan
sosial secara berkelanjutan.




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Namun dalam perjalanan memperluas implementasi inisiatif            On the other hand, in the process of expanding the
keberlanjutan, Perseroan mengidentifikasi berbagai tantangan        implementation of sustainability initiatives, the Company
yang perlu dikelola secara berkelanjutan, antara lain terkait       has identified various challenges that need to be managed
pengembangan pasar bagi produk keuangan berkelanjutan,              sustainably, including those related to market development
peningkatan literasi dan kesadaran masyarakat, serta dinamika       for sustainable financial products, increasing public literacy
aspek ESG yang menuntut inovasi dan penguatan kapabilitas           and awareness, and ESG dynamics that require continuous
secara berkesinambungan. Di sisi eksternal, perubahan               innovation and capacity building. In terms of external aspects,
kebijakan dan regulasi menuntut kesiapan adaptasi yang              changes in policy and regulation require agile adaptation,
agile, sementara kolaborasi dengan ekosistem dan mitra usaha        while collaboration with the ecosystem and business partners
menjadi kunci dalam mempercepat transisi menuju aktivitas           is key to accelerating the transition to low-carbon economic
ekonomi rendah karbon. Sejalan dengan itu, dari sisi internal,      activities. Internally, the Company continues to prioritize
Perseroan terus memprioritaskan peningkatan kapasitas dan           improving employee capacity and understanding to ensure
pemahaman karyawan guna memastikan bahwa prinsip dan                that sustainable finance principles and practices are applied
praktik keuangan berkelanjutan dapat diterapkan secara              consistently and effectively across all lines of the organization.
konsisten dan efektif di seluruh lini organisasi.

Dengan mempertimbangkan dinamika peluang dan tantangan              Considering the dynamics of existing opportunities and
yang ada, Perseroan menegaskan komitmennya untuk                    challenges, the Company affirms its commitment to consistently
secara konsisten memperkuat penerapan prinsip keuangan              strengthening the application of sustainable finance principles
berkelanjutan melalui pengembangan portofolio pembiayaan            through the development of an environmentally friendly and
yang ramah lingkungan dan inklusif, penguatan manajemen             inclusive financing portfolio, strengthening ESG-based risk
risiko berbasis ESG, serta peningkatan kolaborasi dengan para       management, and enhancing collaboration with stakeholders.
pemangku kepentingan. Melalui pendekatan yang terintegrasi          Through an integrated and long-term approach, the Company
dan berjangka panjang, Perseroan berupaya menciptakan nilai         strives to create sustainable value for all stakeholders, while
berkelanjutan bagi seluruh pemangku kepentingan, sekaligus          strengthening its position as a professional, ethical, and
memperkokoh posisinya sebagai perusahaan pembiayaan                 environmentally and socially responsible financing company.
yang profesional, beretika, dan bertanggung jawab terhadap
lingkungan dan sosial.


Perubahan Komposisi Direksi
Changes in the Composition of the Board of Directors


Sepanjang tahun 2025, tidak terdapat perubahan pada                 Throughout 2025, there were no changes in the composition
komposisi Direksi Perseroan.                                        of the Company’s Board of Directors.


Apresiasi
Apresiasi


Keberhasilan Perseroan melewati berbagai tantangan sepanjang        The Company’s success in overcoming various challenges
tahun 2025 mencerminkan dukungan dan kepercayaan yang               throughout 2025 reflects the continued support and trust
berkelanjutan dari seluruh pemangku kepentingan. Atas hal           of all stakeholders. Therefore, the Board of Directors would
tersebut, Direksi menyampaikan penghargaan dan terima kasih         like to express its deepest gratitude and appreciation to the
yang sebesar-besarnya kepada pemegang saham sehingga                shareholders for enabling the Company to implement its
Perseroan dapat menjalankan strategi dan operasional secara         strategies and operations optimally. The same appreciation is
optimal. Ungkapan yang sama juga ditujukan kepada Dewan             also extended to the Board of Commissioners for their guidance,
Komisaris atas arahan, bimbingan, dan pengawasan yang               direction, and supervision, which have ensured that all of the
senantiasa diberikan sehingga setiap kebijakan dan langkah          Company’s policies and strategic steps remain in line with its
strategis Perseroan tetap selaras dengan tujuan jangka panjang.     long-term objectives.




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   Ikhtisar Kinerja               Laporan Manajemen             Profil Perusahaan
   Performance Highlights         Management Report             Company Profile




Direksi menaruh apresiasi setinggi-tingginya kepada      The Board of Directors would like to express its highest
seluruh karyawan dan tim Manajemen atas dedikasi,        appreciation to all employees and the Management
loyalitas, serta kerja keras yang konsisten dalam        team for their dedication, loyalty, and consistent hard
mewujudkan target dan inovasi Perseroan. Tidak kalah     work in realizing the Company’s targets and innovations.
penting, kolaborasi yang terjalin dengan para mitra      Last but not least, the collaboration with business
bisnis dan Astra Ecosystem juga menjadi pijakan yang     partners and the Astra Ecosystem has also become a
memperkuat kemampuan Perseroan dalam memberikan          foundation that strengthens the Company’s ability to
layanan prima sekaligus menciptakan nilai tambah.        provide excellent service while creating added value.

Bersama dukungan, sinergi, dan kepercayaan dari          With the support, synergy, and trust of all stakeholders,
seluruh pemangku kepentingan, serta semangat untuk       as well as the commitment to always deliver the best,
senantiasa memberikan yang terbaik, Direksi optimistis   the Board of Directors is optimistic that the Company
Perseroan mampu meraih pertumbuhan kinerja yang          will achieve more solid performance growth in the
lebih solid di waktu mendatang. Semoga Tuhan Yang        future. May God Almighty continue to bestow His grace,
Maha Esa senantiasa melimpahkan rahmat, keberkahan,      blessings, and ease in every step the Company takes to
dan kelancaran dalam setiap langkah Perseroan untuk      continue working and providing the best contribution to
terus berkarya serta memberikan kontribusi terbaik       the advancement of the national multifinance industry.
demi kemajuan industri multifinance nasional.




                                             Siswadi
                                             Presiden Direktur
                                              President Director




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                                                                Daniel                    Indra                 Valentina
Sri Harjati   Setia Budi              Siswadi
  Direktur      Direktur           Presiden Direktur
                                                               Hartono                  Gunawan                Chai Wei Li
   Director     Director             President Director           Direktur                  Direktur                Direktur
                                                                   Director                     Director             Director




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  Ikhtisar Kinerja             Laporan Manajemen             Profil Perusahaan
  Performance Highlights       Management Report             Company Profile




Surat Pernyataan Anggota
Dewan Komisaris tentang Tanggung
Jawab atas Laporan Tahunan 2025
PT Federal International Finance
Board of Commissioners Statements on the Responsibility for
PT Federal International Finance Annual Report Year 2025




Kami yang bertanda tangan di bawah ini menyatakan             We, the undersigned hereby declare that all the information
bahwa semua informasi dalam Laporan Tahunan PT Federal        disclosed in the 2025 Annual Report of PT Federal International
International Finance tahun 2025 telah dimuat secara          Finance is complete and we are fully responsible for the
lengkap dan bertanggung jawab penuh atas kebenaran isi        accuracy of such information. This statement is made truthfully.
Laporan Tahunan Perseroan. Demikian pernyataan ini dibuat
dengan sebenarnya.




                                                   Jakarta, Maret 2026
                                                   Jakarta, March 2026



                                                Dewan Komisaris
                                             Board of Commissioners




           Rudy                 R. Nunu Soetjahja                      Margono                     Thomas Junaidi
   Presiden Komisaris               Noegroho                          Tanuwijaya                    Alim Wijaya
 President Commissioner          Komisaris Independen            Komisaris Independen                    Komisaris
                              Independent Commissioner        Independent Commissioner                 Commissioner




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                             Business Support Review             Management Discussion and Analysis          Corporate Governance




Surat Pernyataan Anggota Direksi
tentang Tanggung Jawab atas
Laporan Tahunan 2025
PT Federal International Finance
Board of Directors Statements on the Responsibility for
PT Federal International Finance Annual Report Year 2025




Kami yang bertanda tangan di bawah ini menyatakan                 We, the undersigned hereby declare that all the information
bahwa semua informasi dalam Laporan Tahunan PT Federal            disclosed in the 2025 Annual Report of PT Federal International
International Finance tahun 2025 telah dimuat secara              Finance is complete and we are fully responsible for the
lengkap dan bertanggung jawab penuh atas kebenaran isi            accuracy of such information. This statement is made truthfully.
Laporan Tahunan Perseroan. Demikian pernyataan ini dibuat
dengan sebenarnya.




                                                       Jakarta, Maret 2026
                                                       Jakarta, March 2026



                                                            Direksi
                                                       Board of Directors




             Siswadi                                   Indra Gunawan                                    Setia Budi
         Presiden Direktur                                  Direktur                                      Direktur
         President Director                                 Director                                      Director




           Sri Harjati                            Valentina Chai Wei Li                               Daniel Hartono
              Direktur                                      Direktur                                      Direktur
              Director                                      Director                                      Director




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      Profil
Perusahaan
         Company Profile




              03
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 Performance Highlights                Management Report              Company Profile




         Informasi Umum dan
         Identitas Perseroan
         General Information and Company Identity


                          Nama Perseroan                                                  Dasar Hukum Pendirian
                          Company Name                                                    Authorized Share Capital

                          PT Federal International Finance                                PT Mitrapusaka Artha Finance
                                                                                          didirikan berdasarkan Surat Keputusan
                                                                                          Menteri Kehakiman Republik Indonesia
                                                                                          No. C2-6728.HT.01.01.Th.89 tanggal
                                                                                          27 Juli 1989. Selanjutnya, perubahan
                          Brand Perseroan                                                 nama menjadi PT Federal International
                          Company Brand                                                   Finance disahkan melalui Surat Keputusan
                                                                                          Menteri Kehakiman Republik Indonesia
                          FIFGROUP                                                        No. C2-6464.HT.01.04.Th.91 tanggal 7
                                                                                          November 1991.
                                                                                          PT Mitrapusaka Artha Finance was
                                                                                          established based on the Decree of the
                          Kegiatan Usaha                                                  Ministry of Justice No. C2-6728.HT.01.01.
                          Business Activities                                             Th.89 dated July 27, 1989. Furthermore,
                                                                                          the name change to PT Federal
                          Pembiayaan                                                      International Finance was formalized
                          Financial Services                                              through the Decree of the Ministry of
                                                                                          Justice of the Republic of Indonesia No.
                                                                                          C2-6464.HT.01.04.Th.91 dated November
                                                                                          7, 1991.

                          Tanggal Pendirian
                          Date of Establishment                                           Modal Dasar
                                                                                          Authorized Share Capital
                          Pertama kali didirikan dengan
                          nama PT Mitrapusaka Artha Finance pada                          Rp300.000.000.000 yang terdiri
                          tanggal 1 Mei 1989. Selanjutnya pada                            300.000.000 saham dengan nilai nominal
                          tanggal 21 Oktober 1991, PT Mitrapusaka                         Rp1.000 per saham.
                          Artha Finance mengubah namanya
                          menjadi PT Federal International Finance.                       Rp300,000,000,000 comprising of
                                                                                          300,000,000 shares at nominal value of
                          First established under the name PT                             Rp1,000 per share.
                          Mitrapusaka Artha Finance on May 1, 1989.
                          Subsequently, on October 21, 1991, PT
                          Mitrapusaka Artha Finance changed its
                          name to PT Federal Internasional Finance.                       Modal Ditempatkan
                                                                                          dan Disetor Penuh
                                                                                          Issued and Paid-up
                                                                                          Share Capital

                                                                                          Rp280.000.000.000 yang terdiri dari
                                                                                          280.000.000 saham dengan nilai nominal
                                                                                          Rp1.000 per saham.
                                                                                          Rp280,000,000,000 comprising of
                                                                                          280,000,000 shares at nominal value of
                                                                                          Rp1,000 per share.




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Komposisi Pemegang Saham                                  Hubungan Investor
per 31 Desember 2025                                      (ACGS C.10.1)
Shareholder Composition as of                             Investor Relations (ACGS C.10.1)
December 31, 2025
                                                          Telp.: +6221-769-8899
• PT Astra Internasional Tbk (99,99996%)                  Fax.: +6221-759 055 99
• PT Arya Kharisma (0,00004%)                             Email: corpsecretary@fifgroup.astra.co.id
                                                          Phone: +6221-769-8899
                                                          Fax: +6221-759-055-99
                                                          Email: corpsecretary@fifgroup.astra.co.id
Tanggal Pencatatan Obligasi
di Bursa Efek Indonesia (BEI)
Bond Listing Date on the
Indonesia Stock Exchange (IDX)
                                                          Situs Web
27 Agustus 2002                                           Website

August 27, 2002                                           www.fifgroup.co.id




                                                          Jumlah Karyawan
Kode Emiten di BEI                                        per 31 Desember 2025
Issuer Code on the IDX                                    Number of Employees
                                                          as of 31 December 2025
FIFA
                                                          14.411 orang
                                                          14,411 people


Alamat Kantor Pusat
Head Office Address                                       Jaringan Kantor
                                                          Office Network
Menara FIF
Jl. TB. Simatupang, Kav. 15, Cilandak,                    • 1 Kantor Pusat
Jakarta Selatan 12440, Indonesia                          • 262 Kantor Cabang
Telp.: +6221-769-8899
Fax.: +6221-759 055 99                                    • 1 Head Office
Email: corpsecretary@fifgroup.astra.co.id                 • 262 Branches Offices

FIF Tower
Jalan TB. Simatupang, Kav. 15, Cilandak,
South Jakarta 12440, Indonesia                            Media Sosial
Phone: +6221-769-8899                                     Social Media
Fax: +6221-759-055-99
                                                              FIFCLUB
Email: corpsecretary@fifgroup.astra.co.id
                                                              FIFCLUB
                                                              FIFCLUB
                                                              FIFCLUB
                                                              FIFCLUB
                                                              FIFGROUPFIONA_BOT




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Sekilas Tentang Perseroan
Overview of the Company




Latar Belakang dan Tonggak Sejarah FIFGROUP
Background and Milestones of FIFGROUP

PT Federal International Finance (“Perseroan”) didirikan oleh    PT Federal International Finance (“the Company”) was
PT Astra International Tbk pada tanggal 1 Mei 1989 dengan        established by PT Astra International Tbk on May 1, 1989
nama PT Mitrapusaka Artha Finance. Sejak awal berdirinya,        under the name PT Mitrapusaka Artha Finance. Since its
Perseroan telah menapaki kiprahnya di industri pembiayaan        establishment, the Company has been active in the national
nasional dengan menjalankan kegiatan usaha di bidang Sewa        financing industry by conducting business activities in the fields
Guna Usaha, Anjak Piutang, dan Pembiayaan Konsumen.              of Leasing, Factoring, and Consumer Financing.

Pada tahun 1991, Perseroan resmi mengubah namanya dari           In 1991, the Company officially changed its name from PT
semula PT Mitrapusaka Artha Finance menjadi PT Federal           Mitrapusaka Artha Finance to PT Federal International
International Finance (FIF), sebagaimana dikenal hingga          Finance (FIF), as it is known today. Along with this change,
saat ini. Seiring dengan perubahan tersebut, Perseroan           the Company strengthened its business focus in the retail
memperkuat fokus bisnisnya di sektor pembiayaan konsumen         consumer finance sector, with a primary concentration on
ritel dengan konsentrasi utama pada pembiayaan sepeda            financing Honda motorcycles. This step was taken as part of
motor merek Honda. Langkah ini dilakukan sebagai bagian          a strategy to strengthen the brand and market position in the
dari strategi penguatan merek dan posisi pasar di industri       national multifinance industry.
multifinance nasional.




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Seiring dengan tingginya animo pasar terhadap produk-produk          In line with the high market enthusiasm for the financing products
pembiayaan yang ditawarkan, Perseroan secara konsisten               offered, the Company consistently strives to strengthen its
berupaya memperkuat kapasitas pendanaan guna mendukung               funding capacity to support sustainable business expansion. In
ekspansi bisnis yang berkelanjutan. Pada tahun 2002, Perseroan       2002, the Company diversified its funding sources by no longer
melakukan diversifikasi sumber pendanaan dengan tidak lagi           relying solely on banking facilities, but also through the issuance
semata-mata mengandalkan fasilitas perbankan, melainkan              of debt securities in the form of corporate bonds on an ongoing
juga melalui penerbitan efek utang berupa obligasi korporasi         basis. By applying the principles of Good Corporate Governance
secara berkelanjutan. Dengan penerapan prinsip Tata Kelola           (GCG) in every aspect of transparent and accountable business
Perusahaan yang Baik (Good Corporate Governance/GCG)                 management, the Company has successfully maintained a
dalam setiap aspek pengelolaan bisnis yang transparan dan            solid track record in terms of timely fulfillment of all its financial
akuntabel, Perseroan berhasil mempertahankan rekam jejak             obligations. This is reflected in the Company’s bond rating,
yang solid dalam hal ketepatan waktu pemenuhan seluruh               which remains stable at the highest level, namely idAAA from
kewajiban keuangannya. Hal tersebut tercermin dari peringkat         PEFINDO, until the end of 2025.
obligasi Perseroan yang tetap stabil di posisi tertinggi, yakni
idAAA dari PEFINDO, hingga akhir tahun 2025.

Dalam menghadapi berbagai tantangan dan peluang, Perseroan           In facing various challenges and opportunities, the Company
menjalankan transformasi strategis sebagai langkah penguatan         is implementing strategic transformation as a step towards
dan pengembangan bisnis jangka panjang. Transformasi                 strengthening and developing its long-term business. This
tersebut ditandai dengan peluncuran identitas korporasi baru         transformation was marked by the launch of a new corporate
di bawah brand “FIFGROUP” pada Mei 2013. Melalui logo dan            identity under the “FIFGROUP” brand in May 2013. Through
identitas baru ini, FIFGROUP menegaskan komitmennya untuk            this new logo and identity, FIFGROUP affirms its commitment
senantiasa hadir memenuhi kebutuhan masyarakat dengan                to always be there to meet the needs of the community by
menghadirkan beragam solusi pembiayaan yang terpercaya,              providing a variety of reliable, innovative, and highly competitive
inovatif, dan berdaya saing tinggi melalui 5 (lima) portofolio       financing solutions through 5 (five) main business portfolios,
bisnis utama, yaitu:                                                 namely:




    Pembiayaan                 Pembiayaan                 Pembiayaan                     Pembiayaan                  Pembiayaan
   Sepeda Motor                 Multiguna                  Konsumtif                      Produktif                    Syariah
      Honda                    Multi-purpose                Consumer                       Productive                     Sharia
  Honda Motorcycle              Financing                   Financing                      Financing                    Financing
     Financing




Dalam upaya mewujudkan keberlanjutan usaha jangka                    In an effort to achieve long-term business sustainability, the
panjang, Perseroan senantiasa berinovasi guna memperluas             Company continues to innovate in order to expand access to
akses layanan pembiayaan yang inklusif bagi seluruh lapisan          inclusive financing services for all levels of Indonesian society.
masyarakat Indonesia. Implementasi komitmen tersebut                 This commitment is reflected in the launch of the FIFGROUP
tercermin melalui peluncuran aplikasi digital FIFGROUP Digital       Digital Form application in May 2016, which is designed to
Form pada Mei 2016, yang dirancang untuk mempermudah                 simplify the financing application process for customers.
pelanggan dalam proses pengajuan pembiayaan.

Dengan mengimplementasikan strategi bisnis yang tepat,               By implementing the right business strategies, leveraging its
fondasi pengalaman yang kuat, serta jaringan yang luas di            strong experience, and utilizing its extensive network throughout
seluruh Indonesia, Perseroan bertekad untuk senantiasa               Indonesia, the Company is determined to consistently providing
menghadirkan layanan pembiayaan yang terpercaya dan                  reliable and innovative financing services, while strengthening
inovatif, sekaligus memperkuat posisinya sebagai mitra finansial     its position as the primary financial partner of choice for
pilihan utama bagi masyarakat.                                       the society.




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Informasi Perubahan Nama dan Alasan Perubahan Nama
Name Change Information and Reason for Name Change

Perseroan didirikan pada 1 Mei 1989 di Jakarta dengan nama          The Company was established on May 1, 1989 in Jakarta under
awal PT Mitrapusaka Artha Finance berdasarkan Akta Notaris          the initial name of PT Mitrapusaka Artha Finance based on
Rukmasanti Hardjasatya, S.H., No. 1. Akta pendirian ini kemudian    notarial deed No.1 of Rukmasanti Hardjasatya, S.H. This deed
diperbarui melalui Akta No. 40 tanggal 26 Juni 1989 oleh notaris    of establishment was later renewed through deed No. 40 on
yang sama. Anggaran Dasar Perseroan disahkan oleh Menteri           June 26, 1989 by the same notary. The Company’s Articles of
Kehakiman melalui Surat Keputusan No. C2-6728.HT.01.01.             Association were approved by the Minister of Justice through
Th.89 pada 27 Juli 1989.                                            Decree No. C2-6728.HT.01.01.Th.89 on July 27, 1989.




                    1 Mei 1989 | May 1, 1989                                     21 Oktober 1991 | October 21, 1991

            PT Mitrapusaka Artha Finance                                      PT Federal International Finance



Sebagai tindak lanjut dari strategi penyesuaian arah bisnis         As a follow-up to the ongoing business realignment strategy,
yang terus berkembang, pada 21 Oktober 1991 pemegang                on October 21, 1991, shareholders at an Extraordinary General
saham melalui Rapat Umum Pemegang Saham Luar Biasa                  Meeting of Shareholders (EGMS) approved changing the
(RUPSLB) menyetujui perubahan nama Perseroan menjadi PT             Company’s name to PT Federal International Finance. This
Federal International Finance. Keputusan tersebut memperoleh        decision was officially ratified by the Minister of Justice of the
pengesahan resmi dari Menteri Kehakiman Republik Indonesia          Republic of Indonesia through Decree No. C2-6464.HT.01.04.
melalui Surat Keputusan No. C2-6464.HT.01.04.Th.91 pada 7           Th.91 on November 7, 1991.
November 1991.




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Logo Perusahaan
The Company’s Logo




Sidik jari adalah simbol autentik yang unik dan dimiliki oleh setiap     A fingerprint is an authentic symbol that is unique and owned
individu, di mana setiap sidik jari memiliki pola yang berbeda.          by each individual, in which each fingerprint has a different
Visual sidik jari pada logo FIFGROUP merepresentasikan tiga              pattern. The fingerprint visual in FIFGROUP logo represents
elemen utama yang menjadi identitas Perseroan:                           three key elements that become the Company’s identity:
1. Komitmen tinggi FIFGROUP dalam memberikan pelayanan                   1. FIFGROUP high commitment in providing the best service
    terbaik kepada pelanggan dan mitra bisnis.                               to customers and business partners.
2. Fokus FIFGROUP dalam memahami kebutuhan spesifik                      2. FIFGROUP focus in understanding the specific needs of
    setiap pelanggan.                                                        each customer.
3. FIFGROUP mengedepankan kustomisasi layanan dan                        3. FIFGROUP prioritizes service customization and the
    produk yang tepat dan sesuai bagi setiap kebutuhan                       provision of appropriate and suitable product based on
    pelanggan.                                                               every customer’s needs.

Logo ini menjadi wujud aspirasi besar FIFGROUP dalam                     This logo embodies FIFGROUP’s grand aspiration in carrying
menjalankan misinya untuk “Membawa Kehidupan yang Lebih                  out its mission to “Bring the Better Life to the Society.”
Baik.”




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Jejak Langkah Perusahaan
Milestones




1989                                1991                                1997                              1998
Perseroan didirikan dengan          PT Mitrapusaka Artha                Dalam rangka meningkatkan         Di tengah badai krisis
nama PT Mitrapusaka                 Finance resmi berganti              kinerja operasional,              ekonomi nasional, Perseroan
Artha Finance sebagai cikal         nama menjadi PT Federal             Perseroan menerapkan              tetap menunjukkan
bakal kegiatan usaha di             International Finance.              sistem komputerisasi              ketangguhan dengan terus
bidang pembiayaan.                  PT Mitrapusaka Artha                terintegrasi guna                 menyalurkan pembiayaan
The Company was                     Finance officially changed          memperkuat proses                 kepada masyarakat.
established under the               its name to PT Federal              bisnis dan layanan                Amidst the national economic
name PT Mitrapusaka Artha           International Finance.              kepada pelanggan.                 crisis, the Company
Finance as the forerunner of                                            In order to improve               continued to demonstrate
its business activities in the                                          operational performance,          its resilience by continuing
financing sector.                                                       the Company implemented           to provide financing to the
                                                                        an integrated computerized        community.
                                                                        system to strengthen
                                                                        business processes and
                                                                        customer service.




                    2009                             2008
                    Perseroan membukukan laba        •    Perseroan mencatat laba bersih sebesar Rp612 miliar, atau tumbuh 49,0%
                    bersih senilai Rp812 miliar.          (yoy) di tengah kondisi krisis ekonomi global;
                    The Company recorded a net       •    PEFINDO menaikkan peringkat atas Penerbitan Obligasi Amortisasi Federal
                    profit of Rp812 billion.              International Finance VIII Tahun 2008 dengan tingkat bunga tetap, dari A+
                                                          (Single A Plus; stable outlook) menjadi AA- (Double A Minus; stable outlook).
                                                     •    The Company recorded a net profit of Rp612 billion, or a growth of 49.0% (yoy)
                                                          amid the global economic crisis;
                                                     •    PEFINDO upgraded the rating of the 2008 Federal International Finance VIII
                                                          Amortization Bond Issuance with a fixed interest rate from A+ (Single A Plus;
                                                          stable outlook) to AA- (Double A Minus; stable outlook).




2010                                                 2011
•   Perseroan membukukan laba bersih                 •    Perseroan melaksanakan program “People Readiness &
    sebesar Rp1.174 miliar, meningkat 45% (yoy)           Succession Planning” sebagai wujud komitmen dalam
    dibandingkan periode sebelumnya;                      mengembangkan Sumber Daya Manusia (SDM) yang
•   Perseroan menerbitkan Obligasi ke-10                  unggul dan menjamin kesinambungan kepemimpinan di
    senilai Rp1.500 miliar dengan skema                   masa mendatang;
    pembayaran penuh dan amortisasi, serta           •    PEFINDO meningkatkan peringkat Obligasi Federal
    memperoleh peringkat idAA- dengan                     International Finance XI Tahun 2011 dengan Tingkat Bunga
    outlook stabil.                                       Tetap, dari AA- (Double A Minus; stable outlook) menjadi
•   The Company recorded a net profit of                  AA+ (Double A Plus; stable outlook).
    Rp1,174 billion, an increase of 45% (yoy)        •    The Company implemented the “People Readiness &
    compared to the previous period;                      Succession Planning” program as a manifestation of its
•   The Company issued its 10th bond worth                commitment to developing superior human capital and
    Rp1,500 billion with a full payment and               ensuring continuity of leadership in the future;
    amortization scheme, and obtained an             •    PEFINDO upgraded the rating of the 2011 Federal
    idAA- rating with a stable outlook.                   International Finance XI Fixed Rate Bonds from AA- (Double
                                                          A Minus; stable outlook) to AA+ (Double A Plus; stable
                                                          outlook).




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1999                                2002                                                    2003
Perseroan berhasil                  •   Pelunasan (prepayment) atas kewajiban               PEFINDO menaikkan peringkat obligasi
melakukan restrukturisasi               utang yang telah direstrukturisasi di               Perseroan atas Penerbitan Obligasi
utang sampai tahun 2003                 tahun 1999;                                         Amortisasi Federal International Finance
tanpa mengalami haircut atas        •   Penerbitan obligasi pertama, yaitu Obligasi         II Tahun 2003 dengan Tingkat Bunga
pokok maupun bunga.                     Amortisasi Federal Internasional Finance I          Tetap dari A- (Single A Minus; stable
The Company successfully                Tahun 2002 dengan Tingkat Bunga Tetap               outlook) menjadi A+ (Single A Plus;
restructured its loan until             pada tanggal 27 Agustus 2002 yang                   stable outlook).
2003 without experiencing               berperingkat IdA- senilai Rp300 miliar.             PEFINDO upgraded the Company’s
any haircut on principal            •   Prepayment of loan obligations that had             bond rating for the issuance of the
or interest.                            been restructured in 1999;                          2003 Federal International Finance II
                                    •   Issuance of the first bond, namely the 2002         Amortization Bonds with a Fixed Interest
                                        International Finance I Federal Amortization        Rate from A- (Single A Minus; stable
                                        Bond with a Fixed Interest Rate on August           outlook) to A+ (Single A Plus; stable
                                        27, 2002, rated IdA- worth Rp300 billion.           outlook).




2007                                                    2006                                2005
Perseroan mengembangkan sistem                          Pemegang saham melakukan            Perseroan menuntaskan kewajiban pelunasan
terintegrasi untuk mendukung strategi                   penambahan modal                    Obligasi Amortisasi Federal International
penagihan dan memperkuat proses                         ditempatkan dan disetor             Finance I Tahun 2002 senilai Rp300
penanganan tagihan bermasalah.                          penuh dari Rp80 miliar              miliar yang jatuh tempo pada tanggal 6
The Company developed an integrated                     menjadi Rp280 miliar.               September 2005.
system to support its collection strategy               Shareholders increased              The Company completed its obligation to
and strengthen its process for handling                 the issued and fully paid-up        repay the 2002 Federal International Finance I
problematic accounts.                                   capital from Rp80 billion to        Amortization Bonds worth Rp300 billion, which
                                                        Rp280 billion.                      matured on September 6, 2005.




2012                                         2013
•   Melanjutkan transformasi bisnis          •   Perseroan menunjuk Fitch Ratings Indonesia sebagai lembaga pemeringkat tambahan
    dan memperkuat internalisasi                 untuk melakukan penilaian atas Obligasi Perseroan. Fitch Ratings Indonesia
    nilai-nilai “T.E.A.M.” di seluruh            memberikan peringkat AAA(idn) untuk Obligasi Berkelanjutan I Federal International
    lini organisasi;                             Finance dengan Tingkat Bunga Tetap Tahap II Tahun 2013. Sementara itu, untuk
•   Perseroan membukukan laba                    obligasi yang sama, PEFINDO menetapkan peringkat idAA+ dengan outlook stabil;
    bersih sebesar Rp1.125 miliar.           •   Perseroan membukukan laba bersih sebesar Rp1.205 miliar, meningkat 7,12% (yoy)
•   Continuing business                          dibandingkan tahun sebelumnya;
    transformation and strengthening         •   Peluncuran identitas baru Perseroan di bawah nama “FIFGROUP”, pada 2 Mei 2013.
    the internalization of the               •   The Company appointed Fitch Ratings Indonesia as an additional rating agency to
    “T.E.A.M.” values across all                 assess the Company’s bonds. Fitch Ratings Indonesia assigned a AAA (idn) rating to the
    organizational lines;                        Federal International Finance Shelf Registration Bonds I with Fixed Interest Rate Phase
•   The Company recorded a net                   II Year 2013. Meanwhile, for the same bond, PEFINDO assigned an idAA+ rating with a
    profit of Rp1.125 billion.                   stable outlook;
                                             •   The Company recorded a net profit of Rp1,205 billion, an increase of 7.12% (yoy)
                                                 compared to the previous year;
                                             •   The launch of the Company’s new identity under the name “FIFGROUP” on May 2,
                                                 2013.



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2014                                                                       2015                            2016
•   Perseroan mencatat laba bersih sebesar Rp1.302 miliar, atau            •   Perseroan                   •   Perseroan mencatat laba
    meningkat 8,45% (yoy) dibandingkan tahun sebelumnya;                       membukukan laba                 bersih sebesar Rp1.805 miliar;
•   PEFINDO meningkatkan peringkat Obligasi Berkelanjutan                      bersih sebesar              •   Peluncuran aplikasi
    I Tahap III dari idAA+ menjadi idAAA sehingga penerbitan                   Rp1.506 miliar;                 “Digital Application Form”
    obligasi Berkelanjutan I Tahap III dengan Tingkat Bunga                •   Peluncuran AMITRA -             sebagai bagian dari inisiatif
    Tetap dan jumlah pokok sebesar Rp1.550 miliar, mendapat                    layanan pembiayaan              transformasi digital untuk
    peringkat idAAA (Triple A; Stable Outlook) dari PEFINDO                    berbasis syariah                meningkatkan kemudahan
    untuk hasil pemantauan pada periode 2 Oktober 2014.                        pertama Perseroan.              layanan pembiayaan
    Sementara itu, Fitch Ratings Indonesia turut memberikan                •   The Company                     bagi masyarakat.
    peringkat AAA(idn) dan F1+ atas obligasi yang sama.                        recorded a net profit of    •   The Company recorded a net
•   The Company recorded a net profit of Rp1,302 billion, an                   Rp1,506 billion;                profit of Rp1,805 billion;
    increase of 8.45% (yoy) compared to the previous year;                 •   Launch of AMITRA            •   Launch of the “Digital
•   PEFINDO upgraded the rating of Shelf Registration Bonds                    - the Company’s                 Application Form”
    I Phase III from idAA+ to idAAA, resulting in the issuance                 first sharia-based              application as part of a digital
    of Shelf Registration Bonds I Phase III with Fixed Interest                financing service.              transformation initiative to
    Rate and a principal amount of Rp1,550 billion receiving                                                   improve the ease of financing
    an idAAA (Triple A; Stable Outlook) rating from PEFINDO                                                    services for the community.
    in its monitoring results for the period of October 2, 2014.
    Meanwhile, Fitch Ratings Indonesia also assigned an
    AAA(idn) and F1+ rating to the same bonds.




                    2023                             2022
                    Perseroan membukukan             •   Perseroan memperluas portofolio bisnis dengan membentuk lini usaha baru,
                    laba bersih sebesar                  yaitu Finatra;
                    Rp4,10 triliun.                  •   Di tengah momentum perbaikan ekonomi nasional, Perseroan secara
                    The Company recorded a               konsisten melakukan ekspansi bisnis pembiayaan dan berhasil membukukan
                    net profit of Rp4.10 trillion.       laba bersih senilai Rp3,17 triliun, mencerminkan kinerja yang solid dan
                                                         pertumbuhan berkelanjutan;
                                                     •   Pelunasan EMTN senilai JPY3.000.000.000 yang jatuh tempo tanggal 30
                                                         September 2022.
                                                     •   The Company expanded its business portfolio by establishing a new business
                                                         line, Finatra;
                                                     •   Amidst the momentum of national economic recovery, the Company
                                                         consistently expanded its financing business and successfully recorded a net
                                                         profit of Rp3.17 trillion, reflecting solid performance and sustainable growth;
                                                     •   Repayment of EMTN worth JPY 3,000,000,000, which matured on September
                                                         30, 2022.




                                                         2024
                                                         •   Pada 18 April 2024, Perseroan untuk pertama kalinya menerima fasilitas kredit
                                                             berbasis ESG (Sustainability Loan) senilai USD60.000.000 (enam puluh juta
                                                             Dolar Amerika Serikat);
                                                         •   Total alokasi pendanaan dari Sustainability Loan mencapai
                                                             Rp974.150.000.000.
                                                         •   On April 18, 2024, the Company received its first ESG-based credit facility
                                                             (Sustainability Loan) worth USD 60,000,000 (sixty million US dollars);
                                                         •   The total funding allocation from the Sustainability Loan reached
                                                             Rp974,150,000,000.




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2017                                    2018                                                     2019
•   Perseroan mencatat laba             •   Perseroan mencatat laba bersih sebesar               •   Perseroan mencatat laba bersih
    bersih sebesar Rp1.995 miliar;          Rp2.315 miliar;                                          sebesar Rp2.568 miliar;
•   Peluncuran FIFGROUP E-Card;         •   Perseroan melakukan soft launching                   •   Perseroan membentuk Anti-
•   Perseroan memperkenalkan                FIFADA sebagai bagian dari inovasi                       Fraud Management System
    DANASTRA - produk                       produk baru untuk memperluas                             untuk memperkuat tata kelola
    pembiayaan multiguna yang               layanan pembiayaan;                                      dan mitigasi risiko;
    dirancang untuk memenuhi            •   Untuk pertama kalinya, Perseroan                     •   Penerbitan EMTN senilai
    kebutuhan beragam                       menerbitkan Euro Medium Term Notes                       JPY3.000.000.000 yang
    segmen konsumen.                        (EMTN) senilai USD300.000.000 yang jatuh                 jatuh tempo tanggal 30
•   The Company recorded a net              tempo pada 10 Mei 2021.                                  September 2022.
    profit of Rp1,995 billion;          •   The Company recorded a net profit of                 •   The Company recorded a net
•   Launch of FIFGROUP E-Card;              Rp2,315 billion;                                         profit of Rp2,568 billion;
•   The Company introduced              •   The Company conducted a soft launch                  •   The Company established an
    DANASTRA - a multipurpose               of FIFADA as part of its new product                     Anti-Fraud Management System
    financing product designed              innovation to expand its financing services;             to strengthen governance and
    to meet the needs of various        •   For the first time, the Company issued Euro              risk mitigation;
    consumer segments.                      Medium Term Notes (EMTN) worth USD                   •   Issuance of EMTN worth
                                            300,000,000, maturing on May 10, 2021.                   JPY3,000,000,000 maturing on
                                                                                                     September 30, 2022.




2021                                                        2020
•   Pada ajang Astra Awards 2021, Perseroan                 •   Meskipun dihadapkan pada tantangan pandemi COVID-19,
    terpilih sebagai Perusahaan Terbaik di                      Perseroan tetap berhasil membukukan laba bersih sebesar
    Masa Pandemi, dengan laba bersih sebesar                    Rp1.488 miliar;
    Rp2.467 miliar;                                         •   Di masa pandemi COVID-19, Perseroan menerbitkan Obligasi
•   Perseroan menuntaskan pembayaran                            Berkelanjutan IV Tahap II dengan Tingkat Bunga Tetap dan
    pelunasan EMTN senilai USD300.000.000 pada                  jumlah pokok sebesar Rp1.500 miliar;
    10 Mei 2021.                                            •   Perseroan mulai mengimplementasikan inisiatif Aksi
•   At the Astra Awards 2021, the Company was                   Keuangan Berkelanjutan.
    selected as the Best Company During the                 •   Despite the challenges posed by the COVID-19 pandemic,
    Pandemic, with a net profit of Rp2,467 billion;             the Company still managed to record a net profit of
•   The Company completed the repayment of                      Rp1,488 billion;
    EMTN worth USD300,000,000 on May 10, 2021.              •   During the COVID-19 pandemic, the Company ssued Shelf
                                                                Registration Bonds IV Phase II with Fixed Interest Rate and a
                                                                principal amount of Rp1,500 billion;
                                                            •   The Company began implementing its Sustainable Finance
                                                                Action initiative.



        2025
        •   Di tengah kompetisi yang semakin ketat, Perseroan berhasil membukukan laba bersih
            sebesar Rp4,63 triliun, meningkat 4,92% dibandingkan Rp4,42 triliun pada tahun 2024;
        •   Perseroan meluncurkan FIFGO di tahun 2025 melalui pemanfaatan digital untuk terus
            meningkatkan pelayanan bagi pelanggan.
        •   Amid increasingly fierce competition, the Company still managed to achieve a net profit
            of Rp4.63 trillion or an increase of 4.92% compared to Rp4.42 trillion in 2024;
        •   The Company launched FIFGO in 2025 through the use of digital technology to
            continue improving customer service.




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Visi, Misi, dan Budaya Perusahaan
Vision, Mission, and Corporate Culture




       VISI                                          Menjadi Pemimpin Industri yang
                                                       Dikagumi Secara Nasional.
        VISION                                  To be the Admired National Industry Leader.


Peninjauan Visi dan Misi oleh Dewan Komisaris dan Direksi
Review of Vision and Mission by the Board of Commissioners and Directors

Dewan Komisaris dan Direksi secara berkala melakukan            The Board of Commissioners and Directors periodically
peninjauan terhadap visi dan misi Perseroan untuk memastikan    review the Company’s vision and mission to ensure their
keselarasannya dengan perkembangan bisnis dan pencapaian        alignment with business developments and the achievement
tujuan strategis.                                               of strategic objectives.




      NILAI BUDAYA PERUSAHAAN
                 CORPORATE CULTURAL VALUES
                            T
                                Team Work             Kerja sama sinergis secara profesional antar individu atau
                                                      kelompok berlandaskan saling menghargai dan saling
                                                      percaya dengan semangat kebersamaan untuk mencapai
                                                      tujuan perusahaan.
                                                      Professional synergy among individuals or groups based
                                                      on mutual respect and trust, with a spirit of unity to achieve
                                                      corporate objectives.

                            E
                                Excellence            Proaktif meningkatkan kualitas layanan dan produk
                                                      melalui optimalisasi sumber daya dan perbaikan proses
                                                      berkesinambungan untuk menghasilkan nilai tambah
                                                      bagi stakeholder.
                                                      Proactively enhancing service and product quality through
                                                      resource optimization and continuous process improvement to
                                                      generate added value for the stakeholder.




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   MISI
    MISSION
                                                         Membawa Kehidupan yang Lebih
                                                            Baik untuk Masyarakat.
                                                         Bring the Better Life to the Community.




Pada tanggal 14 November 2025, Dewan Komisaris dan                 On November 14, 2025, the Board of Commissioners and
Direksi telah melakukan peninjauan ulang terhadap visi dan         Directors conducted a review of the Company’s vision and
misi Perseroan. Berdasarkan hasil kajian tersebut, Manajemen       mission. Based on the results of this review, Management
menilai bahwa visi dan misi Perseroan masih relevan                assessed that the Company’s vision and mission remain relevant
dengan arah strategis yang telah ditetapkan sehingga tidak         to the strategic direction set forth in the 2025 Strategic Plan,
diperlukan perubahan.                                              and therefore no changes are necessary.




      Tata Nilai “TEAM” ditetapkan sebagai budaya perusahaan       The “TEAM” values have been established as the
      sebagaimana telah dituangkan dalam Pedoman Tata              company’s culture, as outlined in the Corporate
      Kelola Perusahaan dan disetujui oleh Direksi serta Dewan     Governance Guidelines and approved by the Board of
      Komisaris pada tahun 2025.                                   Directors and Board of Commissioners in 2025.



                        A
                                Achieving                  Berkomitmen menghasilkan inovasi-inovasi berlandaskan
                                                           integritas, semangat pemenang dan pantang menyerah untuk
                                                           mencapai prestasi terbaik.
                                                           Committed to producing innovations rooted in integrity,
                                                           a winning spirit, and perseverance to achieve the
                                                           highest accomplishments.



                        M
                                  Moving                   Berwawasan luas dan berpandangan jauh ke depan dalam
                                                           menemukan dan menciptakan peluang untuk mencapai
                                  Forward                  pertumbuhan berkelanjutan.
                                                           Having broad vision and foresight in identifying and creating
                                                           opportunities to achieve sustainable growth.




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Kegiatan Usaha
Business Activities




Kegiatan Usaha sesuai Anggaran Dasar Terakhir
Business Activities as of the Latest Articles of Association

Berdasarkan Pasal 3 Anggaran Dasar Perseroan sebagaimana        Based on Article 3 of the Company’s Articles of Association as
termaktub dalam Akta No. 13 tanggal 4 Agustus 2015, serta       stated in Deed No. 13 dated August 4, 2015, and with reference
dengan mengacu pada POJK No. 35/POJK.05/2018 tentang            to POJK No. 35/POJK.05/2018 concerning the Operation
Penyelenggaraan Usaha Perusahaan Pembiayaan, Perseroan          of Financing Companies, the Company conducts business
menjalankan kegiatan usaha pada bidang-bidang berikut:          activities in the following fields:
1. Pembiayaan investasi;                                        1. Investment financing;
2. Pembiayaan modal kerja;                                      2. Working capital financing;
3. Pembiayaan multiguna;                                        3. Multipurpose financing;
4. Sewa operasi (operating lease) dan/atau kegiatan             4. Operating leases and/or fee-based activities;
   berbasis fee;                                                5. Sharia financing, including sale and purchase financing,
5. Pembiayaan syariah, meliputi pembiayaan jual beli,               investment financing, and/or service financing conducted
   pembiayaan investasi, dan/atau pembiayaan jasa yang              using agreements based on sharia principles; and
   dilakukan dengan menggunakan akad berdasarkan prinsip        6. Other financing based on the approval of the Financial
   syariah; dan                                                     Services Authority.
6. Pembiayaan lain berdasarkan persetujuan Otoritas
   Jasa Keuangan.


Kegiatan Usaha yang Dijalankan Tahun 2025
Business Activities Conducted in 2025


Sepanjang tahun 2025, Perseroan menjalankan seluruh             Throughout 2025, the Company has completed all of its main
kegiatan usaha utama ataupun penunjang, sesuai dengan           and supporting business activities in accordance with the
bidang usaha yang tercantum pada Anggaran Dasar terakhirnya.    business fields listed in its latest Articles of Association.




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Produk dan/atau Jasa yang Dihasilkan
Products and/or Services Produced

Dalam menjalankan kegiatan usahanya, Perseroan memiliki                  In conducting its business activities, the Company has various
berbagai produk dan jasa yang dapat diklasifikasikan                     products and services that can be classified as follows:
sebagai berikut:




       Fasilitas Pembiayaan                                   Fasilitas                                           Fasilitas
       Sepeda Motor Honda                               Pembiayaan Konsumtif                                Pembiayaan Multiguna
Honda Motorcycle Financing Facilities                 Consumer Financing Facilities                  Multi-purpose Financing Facilities



FIFASTRA merupakan lini bisnis                   Melalui SPEKTRA, FIFGROUP                        Fasilitas pembiayaan ini memberikan
utama FIFGROUP yang berfokus pada                mengembangkan layanan consumer                   layanan kredit multiguna berbasis jaminan
pembiayaan sepeda motor Honda baru               financing yang menyasar kebutuhan                collateral, yang ditujukan untuk mendukung
dan menjadi kontributor terbesar dalam           konsumsi rumah tangga dan produk                 sektor usaha mikro.
portofolio usaha Perseroan.                      lifestyle. Dengan portofolio pembiayaan
                                                 multiproduk—mulai dari elektronik,               This financing facility provides multi-
FIFASTRA is FIFGROUP’s main business             peralatan rumah tangga, furnitur, hingga         purpose credit services based on
line, focusing on financing new Honda            gadget dan produk lifestyle—SPEKTRA              collateral, aimed at supporting the
motorcycles and contributing the most to         memperluas akses pembiayaan                      micro-business sector.
the Company’s business portfolio.                yang relevan dengan kebutuhan dan
                                                 preferensi konsumen.

                                                 Through SPEKTRA, FIFGROUP has
                                                 developed consumer financing services
                                                 that target household consumption
                                                 and lifestyle products. With a multi-
                                                 product financing portfolio—ranging
                                                 from electronics, household appliances,
                                                 furniture, to gadgets and lifestyle
                                                 products—SPEKTRA expands access to
                                                 financing that is relevant to consumer
                                                 needs and preferences.




         Fasilitas Pembiayaan Mikro Produktif                                           Fasilitas Pembiayaan Syariah
              Productive Micro Financing Facility                                             Sharia Financing Facility



Layanan pembiayaan produktif bagi pelaku UMKM guna mendorong             Fasilitas pembiayaan berbasis syariah yang menyediakan layanan
pengembangan dan peningkatan skala usahanya.                             untuk berbagai kebutuhan, termasuk pembiayaan perjalanan religi,
                                                                         seperti haji dan umrah.
Productive financing services for MSMEs to encourage business
development and scale expansion.                                         Sharia-based financing facilities that provide services for various
                                                                         needs, including religious travel financing, such as Hajj and Umrah.




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Wilayah Operasional
Operational Area




       Kantor Pusat | Head Office
       Menara FIF
       Jalan TB. Simatupang, Kav. 15, Cilandak,
       Jakarta Selatan | South Jakarta, 12440, Indonesia
       Telp: +6221-769-8899
       Fax: +6221-759 055 99
       E-mail: corpsecretary@fifgroup.astra.co.id




                                                              Tanggal Izin Kantor
                              Nomor Izin Kantor Cabang
           Kantor Cabang                                            Cabang                 Alamat Lengkap Kantor Cabang
No.                              License Number
            Branch Office                                        License Date                 Full Address Branch Office
                                       Branch
                                                                 Branch Office

 1    Semarang               KEP.169/KM.13/1991            08 Juli 1991              Jl. Pamularsih Raya No. 71, Semarang
                                                           July 8, 1991

 2    Surabaya               KEP.169/KM.13/1991            08 Juli 1991              Komplek Ruko Rajawali, Jl. Rajawali No. 68
                                                           July 8, 1991              A-B, Surabaya

 3    Medan                  KEP-024/KM.13/1992            27 Januari 1992           Jl. Kapten Muslim No. 60 DEF, Medan
                                                           January 27, 1992

 4    Denpasar               KEP-024/KM.13/1992            27 Januari 1992           Jl. Mahendradata No. 701, Pemecutan Kaja
                                                           January 27, 1992

 5    Malang                 KEP-080/KM.13/1992            30 Maret 1992             Jl. Buring No. 1 Kav. 3-5, RT/RW 009/008,
                                                           March 30, 1992            Kelurahan Oro-Oro Dowo

 6    Palembang              KEP-080/KM.13/1992            30 Maret 1992             Jl. Basuki Rahmat No. 56 C,D,E, Palembang
                                                           March 30, 1992

 7    Yogyakarta             KEP-139/KM.17/1995            30 Mei 1995               Jl. HOS Cokroaminoto No. 163, Yogyakarta
                                                           May 30, 1995

 8    Pekanbaru              KEP-139/KM.17/1995            30 Mei 1995               Jl. Soekarno Hatta, Kel. Labuh Batu Barat,
                                                           May 30, 1995              Pekanbaru

 9    Bandung I              KEP-139/KM.17/1995            30 Mei 1995               Jl. Rajawali Timur No. 132, Bandung
                                                           May 30, 1995




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                                                            Tanggal Izin Kantor
                              Nomor Izin Kantor Cabang
          Kantor Cabang                                           Cabang                     Alamat Lengkap Kantor Cabang
No.                              License Number
           Branch Office                                       License Date                     Full Address Branch Office
                                       Branch
                                                               Branch Office

10    Bekasi                 KEP-139/KM.17/1995          30 Mei 1995                  Komplek Mitra Bekasi Blok E No. 17-18, Jl. Ir.
                                                         May 30, 1995                 HH. Juanda No. 151, Bekasi

11    Makassar               KEP-422/KM.17/1995          11 Desember 1995             Jl. Cendrawasih No. 123-123A, Makassar
                                                         December 11, 1995

12    Kudus                  KEP-422/KM.17/1995          11 Desember 1995             Jl. Achmad Yani, Ruko Panjunan Blok A No.
                                                         December 11, 1995            3-4 Kel. Panjunan

13    Depok                  KEP-086/KM.17/1996          16 Februari 1996             Jl. Kartini No. 12, kel. Depok
                                                         February 16, 1996

14    Gianyar                KEP-086/KM.17/1996          16 Februari 1996             Jl. Dharma Giri No. 101, Kel. Buruan, Gianyar
                                                         February 16, 1996

15    Klungkung              KEP-086/KM.17/1996          16 Februari 1996             Jalan Brigjen Ngurah Rai No. 17, Klungkung
                                                         February 16, 1996

16    Tegal                  KEP-086/KM.17/1996          16 Februari 1996             Komplek Ruko Nirmala Estate, Jalan Yos
                                                         February 16, 1996            Sudarso No. 19, Tegal

17    Purwokerto             KEP-251/KM.17/1996          08 Juli 1996                 Jl. Suparjo Rustam No. 8, Purwokerto
                                                         July 8, 1996

18    Sidoarjo               KEP-251/KM.17/1996          08 Juli 1996                 Pondok Mutiara, Jl. Pahlawan No. 9 dan 9A,
                                                         July 8, 1996                 Desa Jati dan Lemahputro, Sidoarjo

19    Gresik                 KEP-279/KM.17/1996          14 Agustus 1996              Kartini Building, Jl. RA Kartini Blok B3 No. 236
                                                         August 14, 1996              Gresik

20    Kediri                 KEP-279/KM.17/1996          14 Agustus 1996              Jalan Mayor Bismo Nomor 74 C-D, Kelurahan
                                                         August 14, 1996              Semampir, Kecamatan Kota, Kota Kediri, Jawa
                                                                                      Timur

21    Pekalongan             KEP-279/KM.17/1996          14 Agustus 1996              Jl. Jend Sudirman No. 157, Kel. Sapuro
                                                         August 14, 1996              Kebulen

22    Karawang               KEP-044/KM.17/1997          23 Januari 1997              Jl. Achmad Yani, No. 84, Karawang
                                                         January 23, 1997

23    Tasikmalaya            KEP-044/KM.17/1997          23 Januari 1997              JL. RE Martadinata No. 262, Kel Panyingkiran,
                                                         January 23, 1997             Tasikmalaya

24    Mojokerto              KEP-044/KM.17/1997          23 Januari 1997              Jl. Gajah Mada No. 140 D-E Mojokerto
                                                         January 23, 1997

25    Tangerang              KEP-044/KM.17/1997          23 Januari 1997              Jl. Perintis Kemerdekaan Ruko Business
                                                         January 23, 1997             Park Tangerang City Blok E Nomor 27 Kel.
                                                                                      Babakan, Tangerang

26    Bogor                  KEP-044/KM.17/1997          23 Januari 1997              Ruko Pajajaran Baru No. 28 F, Jl. Raya
                                                         January 23, 1997             Pajajaran, Bantarjati, Bogor

27    Pinrang                Kep-044/KM.17/1997          23 Januari 1997              Jl. Jenderal Sudirman No. 162, Kel.
                                                         January 23, 1997             Maccorawalie, Pinrang




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                                                           Tanggal Izin Kantor
                             Nomor Izin Kantor Cabang
           Kantor Cabang                                         Cabang                 Alamat Lengkap Kantor Cabang
No.                             License Number
            Branch Office                                     License Date                 Full Address Branch Office
                                      Branch
                                                              Branch Office

28    Tabanan               KEP-052/KM.17/1997          06 Februari 1997          Jl. A. Yani no. 48, Tabanan
                                                        February 6, 1997

29    Banjarmasin           KEP-052/KM.17/1997          06 Februari 1997          Jl. Gatot Subroto No. 29-30, Banjarmasin
                                                        February 6, 1997

30    Samarinda             KEP-052/KM.17/1997          06 Februari 1997          Jl. MT Haryono Rt X, Air Putih, Samarinda
                                                        February 6, 1997

 31   Balikpapan            KEP-052/KM.17/1997          06 Februari 1997          Jl. Jend. Ahmad Yani N. 1 RT. 08, Kel. Gunung
                                                        February 6, 1997          Sari Ulu

32    Sukoharjo             KEP-071/KM.17/1997          17 Maret 1997             Jl. Raya Solo Baru Blok AA No. 15, Solo Baru,
                                                        March 17, 1997            Sukoharjo

33    Cilacap               KEP-071/KM.17/1997          17 Maret 1997             Jl. Gatot Subroto No. 8, Cilacap
                                                        March 17, 1997

34    Probolinggo           KEP-071/KM.17/1997          17 Maret 1997             Jl. Raya Panglima Sudirman No. 229,
                                                        March 17, 1997            Probolinggo

35    Binjai                KEP-071/KM.17/1997          17 Maret 1997             Jl. Veteran Nomor 13 – 14 B, Kelurahan
                                                        March 17, 1997            Tangsi, Sumatera Utara

36    Klaten                Kep-071/KM.17/1997          17 Maret 1997             Jl. Cokroaminoto No. 61, Klaten
                                                        March 17, 1997

37    Madiun                KEP-173/KM.17/1997          09 Mei 1997               Jalan MH Thamrin Nomor 85 C-D 87 A-B
                                                        May 9, 1997               RT 10 RW 03 Kelurahan Klegen, Kecamatan
                                                                                  Kartoharjo, Kota Madiun

38    Tuban                 KEP-173/KM.17/1997          09 Mei 1997               Jl. Veteran No. 28, Kutorejo
                                                        May 9, 1997

39    Jember                KEP-173/KM.17/1997          09 Mei 1997               Jl. Diponegoro No. 37 (Komplek pertokoan
                                                        May 9, 1997               Mutiara Plaza ), Jember

40    Cirebon               KEP-173/KM.17/1997          09 Mei 1997               Jl. Evakuasi No. 7 Sunyaragi, Cirebon
                                                        May 9, 1997

 41   Blitar                Kep-173/KM.17/1997          09 Mei 1997               Jl. Kalimantan No 102A RT 03/02, Kel. Karang
                                                        May 9, 1997               Tengah

42    Tulungagung           Kep-173/KM.17/1997          09 Mei 1997               Jl.Dr.sutomo No.15 kel.tertek
                                                        May 9, 1997

43    Martapura             KEP-376/KM.17/1997          15 Juli 1997              Jl. Jenderal A. Yani KM 36, Martapura
                                                        July 15, 1997

44    Serang (Cilegon)      KEP-376/KM.17/1997          15 Juli 1997              Pondok Cilegon Indah Blok KK I No. 5,
                                                        July 15, 1997             Cilegon

45    Palangkaraya          KEP-376/KM.17/1997          15 Juli 1997              Jl. RTA Milono KM 2,5 Palangkaraya
                                                        July 15, 1997




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                                                           Tanggal Izin Kantor
                             Nomor Izin Kantor Cabang
         Kantor Cabang                                           Cabang                      Alamat Lengkap Kantor Cabang
No.                             License Number
          Branch Office                                       License Date                      Full Address Branch Office
                                      Branch
                                                              Branch Office

46    Sampit                KEP-376/KM.17/1997          15 Juli 1997                  Jl. MT.Haryono No.83, Kel. Mentawa
                                                        July 15, 1997                 Baru Hulu Ketapang, Kec. Ketapang, Kab.
                                                                                      Kotawaringin Timur, Kalimantan Tengah,
                                                                                      74322

47    Sukabumi              KEP-376/KM.17/1997          15 Juli 1997                  Jl. Bhayangkara No. 37 D-E, Sukabumi
                                                        July 15, 1997

48    Singaraja             KEP-376/KM.17/1997          15 Juli 1997                  Jl. Jenderal A. Yani No. 99 D-E, Singaraja
                                                        July 15, 1997

49    Kadipaten             KEP-548/KM.17/1997          15 Oktober 1997               Jl. KH Abdul Halim No. 05 RT.001 RW.001, Kel.
                                                        October 15, 1997              Munjul

50    Jatibarang            KEP-548/KM.17/1997          15 Oktober 1997               Jl. Bypass Widasari rt.001 rw.003 Kel.
                                                        October 15, 1997              Widasari

51    Banjar                Kep-548/KM.17/1997          15 Oktober 1997               Jl. Mayjen Didi Kartasasmita Kel Banjar Kec
                                                        October 15, 1997              Banjar Kota Banjar

52    Lampung               KEP-559/KM.17/1997          30 Oktober 1997               Jl. Teuku Umar No. 67, Bandar Lampung
                                                        October 30, 1997

53    Bengkulu              KEP-559/KM.17/1997          30 Oktober 1997               Jl. S. Parman No 39, Kel. Padang Jati
                                                        October 30, 1997

54    Mataram               KEP-559/KM.17/1997          30 Oktober 1997               Jl. Sriwijaya No. 138 C-F, Mataram
                                                        October 30, 1997

55    Jepara                KEP-559/KM.17/1997          30 Oktober 1997               Jl. MT Haryono No. 57, Jepara
                                                        October 30, 1997

56    Magelang              KEP-559/KM.17/1997          30 Oktober 1997               Ruko Metro Square Blok C 7-9, Jl. Mayjen
                                                        October 30, 1997              Bambang Soegeng, Magelang

57    Blora                 KEP-559/KM.17/1997          30 Oktober 1997               Jl. Gatot Subroto No. 39, Blora
                                                        October 30, 1997

58    Brebes                Kep-052/KM.17/1998          18 Februari 1998              Jl. Raya Jatibarang Lor, Rt 08/03 Desa
                                                        February 18, 1998             Jatibarang Lor

59    Purworejo             Kep-052/KM.17/1998          18 Februari 1998              Jl. Brigjen Katamso No 153 A RT 1 RW 5,
                                                        February 18, 1998             Pangenrejo

60    Sragen                Kep-052/KM.17/1998          18 Februari 1998              Jl. RA Kartini 157 Candi Baru RT 35,
                                                        February 18, 1998             Plumbungan, Sragen

61    Banyuwangi            KEP-190/KM.6/2001           24 September 2001             Jl. Achmad Yani No. 61, Banyuwangi
                                                        September 24, 2001

62    Lamongan              KEP-190/KM.6/2001           24 September 2001             Jl. Basuki Rachmad No. 72, Lamongan
                                                        September 24, 2001




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                                                         Tanggal Izin Kantor
                            Nomor Izin Kantor Cabang
           Kantor Cabang                                       Cabang                 Alamat Lengkap Kantor Cabang
No.                            License Number
            Branch Office                                   License Date                 Full Address Branch Office
                                     Branch
                                                            Branch Office

63    Padang                KEP-190/KM.6/2001          24 September 2001        Jl. Agus Salim No. 18, Padang
                                                       September 24, 2001

64    Batam                 KEP-190/KM.6/2001          24 September 2001        Komplek Rafflesia Business Centre Blok A
                                                       September 24, 2001       No. 11-12, Batam

65    Jambi                 KEP-190/KM.6/2001          24 September 2001        Jl. Hayam Wuruk No. 198, Kel. Cempaka
                                                       September 24, 2001       Putih, Jambi

66    Pontianak             KEP-190/KM.6/2001          24 September 2001        Jalan M. Sohor No. 17 A, Pontianak
                                                       September 24, 2001

67    Pare-Pare             KEP-190/KM.6/2001          24 September 2001        Jl. Bau Massepe Ruko Patung pemuda, Kel.
                                                       September 24, 2001       Cappa Galung

68    Palu                  KEP-190/KM.6/2001          24 September 2001        Jl. Prof. Moh. Yamin Rukan D’Vatulemo Blok D
                                                       September 24, 2001       No.11/12 Kel. Lolu Utara

69    Manado                KEP-190/KM.6/2001          24 September 2001        Jl. Sam Ratulangi, Wanea
                                                       September 24, 2001

70    Subang                KEP-190/KM.6/2001          24 September 2001        Jl. Otista Nomor 322 RT 048 RW 06,
                                                       September 24, 2001       Kelurahan Sukamelang

 71   Purwodadi             KEP-190/KM.6/2001          24 September 2001        Jl. R. Suprapto No. 39, Kel. Purwodadi
                                                       September 24, 2001

72    Payakumbuh            Kep-190/KM.6/2001          24 September 2001        Jl. A. Yani No. 136, Payakumbuh
                                                       September 24, 2001

73    Jakarta               KEP-270/KM.6/2002          08 November 2002         Jakarta Garden City Ruko New East No. 9,
                                                       November 8, 2002         Kel. Cakung Timur, Kec. Cakung, Jakarta
                                                                                Timur

74    Singkawang            KEP-270/KM.6/2002          08 November 2002         JL Alianyang NO.62 A RT.059 RW.001
                                                       November 8, 2002         Kelurahan Pasiran

75    Lumajang              KEP-270/KM.6/2002          08 November 2002         Jl. Brigjen Slamet Riyadi No. 78A, Kel.
                                                       November 8, 2002         Tompokersan

76    Selong                KEP-270/KM.6/2002          08 November 2002         Jl. Prof. Mohammad Yamin No. 28, Selong
                                                       November 8, 2002

77    Pematang Siantar      KEP-270/KM.6/2002          08 November 2002         Kompleks Megaland, Jalan Sangnawaluh
                                                       November 8, 2002         No 60-61 Kelurahan Siopat Suhu Kecamatan
                                                                                Siantar Timur Kota Pematang Siantar 21139

78    Kendari               KEP-270/KM.6/2002          08 November 2002         Jl. A Yani No. 62-64, Kel. Anaiwoi
                                                       November 8, 2002

79    Bojonegoro            KEP-270/KM.6/2002          08 November 2002         Ruko Diponegoro Kav 4, Jl. Diponegoro No. 1,
                                                       November 8, 2002         Bojonegoro




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                                                            Tanggal Izin Kantor
                              Nomor Izin Kantor Cabang
          Kantor Cabang                                           Cabang                     Alamat Lengkap Kantor Cabang
No.                              License Number
           Branch Office                                       License Date                     Full Address Branch Office
                                       Branch
                                                               Branch Office

80    Ketapang               KEP-270/KM.6/2002           08 November 2002             Jalan D.I Panjaitan No. 137 Kel. Sampit
                                                         November 8, 2002

81    Tanjung Pinang         Kep-270/KM.6/2002           08 November 2002             Jl. DI Panjaitan KM 9 No. 16-17, Kel. Batu
                                                         November 8, 2002             Sembilan

82    Sumedang               Kep-270/KM.6/2002           08 November 2002             Jl. Pangeran Geusan Ulun Nomor 195,
                                                         November 8, 2002             Kelurahan Regol Wetan

83    Kisaran                KEP-482/KM.5/2004           07 Desember 2004             Jl. HOS Cokroaminoto No. 316 A-B, Kisaran
                                                         December 7, 2004

84    Kupang                 KEP-482/KM.5/2004           07 Desember 2004             Jl. Sudirman No. 38 C, Kupang
                                                         December 7, 2004

85    Jayapura               KEP-482/KM.5/2004           07 Desember 2004             Gedung PT Astra International Tbk - Honda,
                                                         December 7, 2004             Jl. Raya Kelapa Dua No. 11, Entrop, Jayapura

86    Jakarta Barat          KEP-482/KM.5/2004           07 Desember 2004             Jalan Raya Meruya Ilir No. 1 E-F, Rt 001/006,
      West Jakarta                                       December 7, 2004             Ruko Meruya Utara, Jakarta Barat

87    Muara Bungo            KEP-482/KM.5/2004           07 Desember 2004             Jl. Jend Sudirman No. 90-91, Pasir Putih
                                                         December 7, 2004

88    Bima                   KEP-482/KM.5/2004           07 Desember 2004             Jl. Kamboja No. 12 A-B, Kel. Paruga
                                                         December 7, 2004

89    Bukittinggi            KEP-482/KM.5/2004           07 Desember 2004             Jl By Pass Aur Kuning RT/RW 02/04 Kel Aur
                                                         December 7, 2004             Kuning Bukittinggi

90    Rengat                 KEP-482/KM.5/2004           07 Desember 2004             Jl. Narasinga No. 28 B, Rengat
                                                         December 7, 2004

91    Rantau Prapat          KEP-482/KM.5/2004           07 Desember 2004             Jl. Sisingamangaraja (SM Raja) No. 992-993
                                                         December 7, 2004             Aek Tapa A, Kel. Bakaran Batu

92    Cikarang               KEP-482/KM.5/2004           07 Desember 2004             Jl. Raya Industri Jababeka No. 2 E-F, Cikarang
                                                         December 7, 2004

93    Pangkal Pinang         KEP-482/KM.5/2004           07 Desember 2004             Jl. Jend. Sudirman No. 8, Pangkal Pinang
                                                         December 7, 2004

94    Bandung II             KEP-482/KM.5/2004           07 Desember 2004             Jl. Soekarno Hatta No. 681B, Kel. Jatisari
                                                         December 7, 2004

95    Cileungsi              KEP-054/KM.5/2006           20 Februari 2006             Ruko Cileungsi Hijau Blok C No. 1 - 2, Jalan
                                                         February 20, 2006            Raya Narogong, Cileungsi

96    Bandar Jaya            KEP-054/KM.5/2006           20 Februari 2006             Jl. Proklamator Raya Komplek Ruko BBC No.
                                                         February 20, 2006            7, 8 dan 9, Bandar Jaya

97    Dumai                  KEP-054/KM.5/2006           20 Februari 2006             Jl. Jend. Sudirman No. 155/157, Dumai
                                                         February 20, 2006




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                                                           Tanggal Izin Kantor
                             Nomor Izin Kantor Cabang
           Kantor Cabang                                         Cabang                Alamat Lengkap Kantor Cabang
No.                             License Number
            Branch Office                                     License Date                Full Address Branch Office
                                      Branch
                                                              Branch Office

98    Banda Aceh            KEP-054/KM.5/2006           20 Februari 2006         Jl. DR. MR. H. Mohd Hasan No. 3 - 4 GP,
                                                        February 20, 2006        Banda Aceh

99    Baturaja              KEP-054/KM.5/2006           20 Februari 2006         Jl. Urip Sumoharjo No. 3A-B, Baturaja
                                                        February 20, 2006

100   Lubuk Linggau         KEP-054/KM.5/2006           20 Februari 2006         Jl. Yos Sudarso No. 17 - 18, Lubuk Linggau
                                                        February 20, 2006

101   Bangko                KEP-054/KM.5/2006           20 Februari 2006         Jl. Jend. Sudirman KM3 Rt 27 RW06
                                                        February 20, 2006        Keluarahan Pematang Kandis

102   Gorontalo             KEP-054/KM.5/2006           20 Februari 2006         Jl. Nani Wartobone, Kelurahan Liba UI
                                                        February 20, 2006

103   Rangkasbitung         KEP-111/KM.12/2006          04 Oktober 2006          Jl. Sunan Kalijaga No. 260, Rangkasbitung
                                                        October 4, 2006

104   Pringsewu             KEP-111/KM.12/2006          04 Oktober 2006          Jl. Ahmad Yani No. 60, Pringsewu
                                                        October 4, 2006

105   Metro                 KEP-111/KM.12/2006          04 Oktober 2006          Jl. AH Nasution No. 95, Metro
                                                        October 4, 2006

106   Kotabumi              KEP-111/KM.12/2006          04 Oktober 2006          Jl. Alamsyah Ratu Perwira Negara No. 402,
                                                        October 4, 2006          Kotabumi

107   Solok                 KEP-111/KM.12/2006          04 Oktober 2006          Jl. M. Yamin No. 381, Pandan Ujung, Solok,
                                                        October 4, 2006          Sumatera Barat

108   Kabupaten             KEP.111/KM.12/2006          04 Oktober 2006          Jalan Kawitan 1 RT 17, Kelurahan Sidorejo,
      Kotawaringin Barat                                October 4, 2006          Kecamatan Arut Selatan, Kabupaten
      (Pangkalan Bun)                                                            Kotawaringin Barat, Pangkalanbun, Provinsi
      West Kotawaringin                                                          Kalimantan Tengah
      Regency
      (Pangkalan Bun)

109   Sanggau               KEP-111/KM.12/2006          04 Oktober 2006          Jalan Jendral A Yani Kel. Tanjung Sekayam
                                                        October 4, 2006

110   Tanjung               KEP-111/KM.12/2006          04 Oktober 2006          Jl. Ir. Pangeran Haji Muhammad (PHM) Noor
                                                        October 4, 2006          No. 119 B, Tanjung,

111   Palopo                KEP-111/KM.12/2006          04 Oktober 2006          Jl. Andi Djemma No. 3, Palopo
                                                        October 4, 2006

112   Sumbawa               KEP-111/KM.12/2006          04 Oktober 2006          Jl. Wahidin No.20, kel. Seketeng
                                                        October 4, 2006

113   Kabupaten Sikka       KEP-111/KM.12/2006          04 Oktober 2006          Jalan El Tari RT 003 RW 003 Kelurahan
      Sikka Regency                                     October 4, 2006          Madawat, Kecamatan Alok, Kabupaten Sikka,
                                                                                 Provinsi Nusa Tenggara Timur




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                                                            Tanggal Izin Kantor
                              Nomor Izin Kantor Cabang
          Kantor Cabang                                           Cabang                     Alamat Lengkap Kantor Cabang
No.                              License Number
           Branch Office                                       License Date                     Full Address Branch Office
                                       Branch
                                                               Branch Office

114   Pasar Minggu           KEP-199/KM.10/2007          08 Oktober 2007              Ruko Griya Pasar Minggu, Jl. Raya Pasar
                                                         October 8, 2007              Minggu No. 6, Blok C-E, Pasar Minggu

115   Pamulang               KEP-199/KM.10/2007          08 Oktober 2007              JL. RE Martadinata, Kel. Pondok Cabe Udik,
                                                         October 8, 2007              Pamulang

116   Prabumulih             KEP-199/KM.10/2007          08 Oktober 2007              Jl. Jend. Sudirman No. 2 B-C, Prabumulih
                                                         October 8, 2007

117   Meulaboh               KEP-199/KM.10/2007          08 Oktober 2007              JL. Manekro No. 36A-36B Kel. Kuta Padang,
                                                         October 8, 2007              Kecamatan Johan Pahlawan, Kabupaten
                                                                                      Aceh Barat

118   Rimbo Bujang           KEP-199/KM.10/2007          08 Oktober 2007              Jl. Pahlawan, Rimbo Bujang
                                                         October 8, 2007

119   Padang Sidempuan       KEP-199/KM.10/2007          08 Oktober 2007              Jalan Sisingamangaraja No. 79, Padang
                                                         October 8, 2007              Sidimpuan

120   Tenggarong             KEP-199/KM.10/2007          08 Oktober 2007              Jl. Patin No. 80, Tenggarong
                                                         October 8, 2007

121   Ambon                  KEP-199/KM.10/2007          08 Oktober 2007              Jl. Dr. Soetomo, kel. Honipopu
                                                         October 8, 2007

122   Ujung Batu             KEP-134/KM.10/2008          24 Juli 2008                 Jalan Jenderal Sudirman No. 11, Kelurahan
                                                         July 24, 2008                Ujung Batu, Kec. Ujung Batu, Kab Rokan
                                                                                      Hulu, Prov Riau

123   Lhokseumawe            KEP-134/KM.10/2008          24 Juli 2008                 Jl. Samudera Baru No. 170 A-B,
                                                         July 24, 2008                Lhokseumawe

124   Sarolangun             KEP.134/KM.10/2008          24 Juli 2008                 Jl. Lintas Sumatera KM I, Simpang Raya,
                                                         July 24, 2008                Sarolangun

125   Luwuk                  KEP.134/KM.10/2008          24 Juli 2008                 Jl Moh Hatta no A2 Ruko Boulevard,
                                                         July 24, 2008                Kelurahan Maahas, Kecamatan Luwuk
                                                                                      Selatan, Kabupaten Banggai, Prov. Sulawesi
                                                                                      tengah

126   Cianjur                KEP-52/KM.10/2009           02 April 2009                Jl. KH Abdullah Bin Nuh No. 6, Kel. Sawah
                                                         April 2, 2009                Gede

127   Garut                  KEP-50/KM.10/2009           02 April 2009                Ruko Intan Bisnis Centre ( IBC ) Blok A 1 dan
                                                         April 2, 2009                Blok A 2, Jl. Guntur, Garut

128   Kalianda               KEP-57/KM.10/2009           02 April 2009                Jl. Raden Intan Kota Baru Nomor 24 RT. 002
                                                         April 2, 2009                RW. 001, Way Urang Kalianda

129   Lubuk Pakam            KEP-55/KM.10/2009           02 April 2009                Jl. P. Diponegoro No. 103, Lubuk Pakam
                                                         April 2, 2009

130   Muara Bulian           KEP-54/KM.10/2009           02 April 2009                Jl. Gajah Mada RT 07, Muara Bulian
                                                         April 2, 2009




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                                                          Tanggal Izin Kantor
                            Nomor Izin Kantor Cabang
           Kantor Cabang                                        Cabang                  Alamat Lengkap Kantor Cabang
No.                            License Number
            Branch Office                                    License Date                  Full Address Branch Office
                                     Branch
                                                             Branch Office

131   Purwakarta            KEP-53/KM.10/2009          02 April 2009             Jl. KK Singawinata Nomor 2, Nagritengah
                                                       April 2, 2009

132   Kabupaten Banyuasin   KEP-51/KM.10/2009          02 April 2009             Jalan Lintas Palembang-Jambi KM 67 RT
      (Sekayu)                                         April 2, 2009             028 RW 008, Kelurahan Betung, Kecamatan
      Banyuasin Regency                                                          Betung, Kabupaten Banyuasin, Provinsi
      (Sekayu)                                                                   Sumatera Selatan


133   Soreang               KEP-56/KM.10/2009          02 April 2009             Jalan Pasir Kerenceng RT 004 RW 04
                                                       April 2, 2009             Pamekaran

134   Serang                KEP-552/KM.10/2011         19 Juli 2011              Jl. Trip Jamaksari No. 1 A-B, Rt 001/ 015,
                                                       July 19, 2011             Serang

135   Batulicin             KEP-553/KM.10/2011         19 Juli 2011              Jalan Raya Batulicin, Batulicin
                                                       July 19, 2011

136   Pamekasan             KEP-554/KM.10/2011         19 Juli 2011              Jalan P.Trunojoyo Nomor 121 RT 004 RW001,
                                                       July 19, 2011             Kelurahan Patemon, Kecamatan Pamekasan,
                                                                                 Kabupaten Jawa Timur 69317

137   Pandeglang            KEP-555/KM.10/2011         19 Juli 2011              Jl. Raya Labuan KM 6, No. 4, Kp. Tajur
                                                       July 19, 2011             Kadulisung

138   Tulang Bawang         KEP-556/KM.10/2011         19 Juli 2011              Pertokoan Banjar Agung Unit 2, Jl. Raya
                                                       July 19, 2011             Lintas Timur Unit 2, Tulang Bawang

139   Salatiga              KEP-557/KM.10/2011         19 Juli 2011              Jl. Fatmawati, No. 188 Blok N-O, Kel.
                                                       July 19, 2011             Blotongan

140   Cikupa                KEP-558/KM.10/2011         19 Juli 2011              Ruko Grand Boulevard Blok T 01A No. 155 -
                                                       July 19, 2011             157 Citraraya, Desa Ciakar

141   Ciledug               KEP-559/KM.10/2011         19 Juli 2011              Jl. Hos Cokroaminoto No. 5 A-B
                                                       July 19, 2011

142   Sorong                KEP-560/KM.10/2011         19 Juli 2011              Jalan Basuki Rahmat KM.10 Kelurahan
                                                       July 19, 2011             Sawagumu

143   Pondok Gede           KEP-561/KM.10/2011         19 Juli 2011              Jl. Raya Jati Makmur (Bukit Kencana), Kel. Jati
                                                       July 19, 2011             Makmur

144   Gowa                  KEP-562/KM.10/2011         19 Juli 2011              Jl. Tumanurung Raya, Ruko Yasmin Square
                                                       July 19, 2011             no. 10-11 Sungguminasa, Kelurahan Pandang-
                                                                                 Pandang, Kecamatan Somba Opu, Kabupaten
                                                                                 Gowa, Provinsi Sulawesi Selatan

145   Rungkut               KEP-563/KM.10/2011         19 Juli 2011              Jl. Jemursari Nomor 32 RT:002/RW:008
                                                       July 19, 2011

146   Bungur                KEP-564/KM.10/2011         19 Juli 2011              Jalan Kartini Raya Nomor 9 Kelurahan Pasar
                                                       July 19, 2011             Baru




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                                                            Tanggal Izin Kantor
                              Nomor Izin Kantor Cabang
          Kantor Cabang                                           Cabang                      Alamat Lengkap Kantor Cabang
No.                              License Number
           Branch Office                                       License Date                      Full Address Branch Office
                                       Branch
                                                               Branch Office

147   Taman Palem            KEP-565/KM.10/2011          19 Juli 2011                  Mutiara Taman Palem Blok A2 No. 1, Jakarta
                                                         July 19, 2011                 Barat

148   Bangkalan              KEP-566/KM.10/2011          19 Juli 2011                  Ruko Graha Metro No. 5-6, Jl. Pemuda Kaffa,
                                                         July 19, 2011                 Bangkalan

149   Tarakan                KEP-859/KM.10/2011          30 November 2011              Jl. Mulawarman No. 89,Kel. Karanganyar
                                                         November 30, 2011

150   Kepanjen               KEP-860/KM.10/2011          30 November 2011              Jl. Kawi No. 10 B, Ruko Kepanjen City,
                                                         November 30, 2011             Kepanjen

151   Praya                  KEP-861/KM.10/2011          30 November 2011              Jl. Diponegoro No. 5 Kauman, Praya
                                                         November 30, 2011

152   Kuta                   KEP-862/KM.10/2011          30 November 2011              Jl. Raya Kuta No. 29A, Kuta
                                                         November 30, 2011

153   Cibinong               KEP-863/KM.10/2011          30 November 2011              Rukan Cibinong City Centre Blok F Nomor
                                                         November 30, 2011             33-35, Jl. Tegar Beriman No. 1, Cibinong

154   Tembung                KEP-864/KM.10/2011          30 November 2011              Jl. Besar Tembung Komplek Mega City, Blok
                                                         November 30, 2011             B/7-8 Dusun III Desa Tembung

155   Muara Enim             KEP-865/KM.10/2011          30 November 2011              Jl. Sultan Mahmud Badarrudin II, Muara Enim
                                                         November 30, 2011

156   Padalarang             KEP-866/KM.10/2011          30 November 2011              Jalan Raya Ciburuy No. 105, Padalarang
                                                         November 30, 2011

157   Pemalang               KEP-867/KM.10/2011          30 November 2011              Jl. Jenderal Sudirman Timur No. 77B,
                                                         November 30, 2011             Pemalang

158   Kendal                 KEP-868/KM.10/2011          30 November 2011              Jl. Pemuda Timur Nomor 21 RT. 20 RW. 05
                                                         November 30, 2011

159   Kota Pasuruan          KEP-869/KM.10/2011          30 November 2011              Jalan Soekarno Hatta No. 55-57,
                                                         November 30, 2011             Kelurahan Trajeng,

160   Poso                   KEP-16/KM.10/2012           17 Januari 2012               Jl. Pulau Bali No. 4, Poso
                                                         January 17, 2012

161   Simpang Empat          KEP-17/KM.10/2012           17 Januari 2012               Jalan Raya Manggopoh Simpang Empat,
                                                         January 17, 2012              Jorong Simpang Empat

162   Palur                  KEP-18/KM.10/2012           17 Januari 2012               Jl. Raya Palur KM 0,5 No. 46A, Palur
                                                         January 17, 2012

163   Cikampek               KEP-19/KM.10/2012           17 Januari 2012               Jl. Ir. H. Juanda No. 9, Cikampek
                                                         January 17, 2012

164   Sintang                KEP-309/NB.11/2013          20 Desember 2013              Jalan MT Haryono No. 10, Sintang
                                                         December 20, 2013




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                                                               Tanggal Izin Kantor
                               Nomor Izin Kantor Cabang
             Kantor Cabang                                           Cabang                 Alamat Lengkap Kantor Cabang
No.                               License Number
              Branch Office                                       License Date                 Full Address Branch Office
                                        Branch
                                                                  Branch Office

165   Sibolga                 KEP-310/NB.11/2013            20 Desember 2013          Jl. Padang Sidempuan, Ruko Sibuluan
                                                            December 20, 2013         Business Center No. A7-8, Kel. Sibuluan

166   Mempawah                KEP-311/NB.11/2013            20 Desember 2013          Jalan Jurusan Pontianak No. 188D RT.
                                                            December 20, 2013         005/003, Mempawah

167   Sidoarjo 2              KEP-312/NB.11/2013            20 Desember 2013          Jl. Raya By Pass Krian, Ruko By Pass, Desa
                                                            December 20, 2013         Sidomulyo

168   Jatiuwung               KEP-313/NB.11/2013            20 Desember 2013          Jl. Otista Raya Ruko Otista No. 5 D-E,
                                                            December 20, 2013         Jatiuwung

169   Jakarta Utara           Kep-232/NB.111/2015           30 Juli 2015              Jl. Raya Sunter Permai Garden Blok B-7 Kav.3
      North Jakarta                                         July 30, 2015             C-D, Kelurahan Sunter Agung

170   Serang II               Kep-233/NB.111/2015           30 Juli 2015              Ruko Kawasan Industri Modern Blok A No.
                                                            July 30, 2015             6-7, Serang

171   Depok II                Kep-234/NB.111/2015           30 Juli 2015              Jl. Raya Jakarta - Bogor KM 31 Nomor 19,
                                                            July 30, 2015             Kelurahan Cisalak

172   Muko-Muko               Kep-235/NB.111/2015           30 Juli 2015              Jl. Fatmawati, Muko-Muko
                                                            July 30, 2015

173   Palembang II            Kep-302/NB.111/2015           25 September 2015         Jl. Ahmad Yani Rt 31/01 Kel. Tangga Takat
                                                            September 25, 2015

174   Kebumen                 Kep-303/NB.111/2015           26 September 2015         JL HM SARBINI RT 07 RW 02 BUMIREJO
                                                            September 26, 2015

175   Bandung Barat           Kep-305/NB.111/2015           2 Oktober 2015            Jl. Grand Hotel kavling 9 RT/RW 003/002 Kel
      West Bandung                                          October 2, 2015           Lembang

176   Langsa                  Kep-316/NB.111/2015           26 Oktober 2015           Jl. Ahmad Yani No. 88, Langsa
                                                            October 26, 2015

177   Kuantan Singingi        Kep-317/NB.111/2015           26 Oktober 2015           Jl. Proklamasi No. 30, Kuantan Singingi
                                                            October 26, 2015

178   Depok III               Kep-315/NB.111/2015 jo Kep-   26 Oktober 2015           Jalan Raya Swangan RT 05/03, Kelurahan
                              360/NB.111/2015               October 26, 2015          Rangkapan Jaya Baru

179   Rokan Hilir             Kep-356/NB.111/2015           20 Oktober 2015           Jl. Jenderal Sudirman KM. 1, Kel. Bagan Batu
                                                            October 20, 2015

180   Pati                    Kep-366/NB.111/2015           15 Desember 2015          Ruko Joyo Kusumo, No. 1-2, Desa Winong
                                                            December 15, 2015

181   Ponorogo                Kep-367/NB.111/2015           15 Desember 2015          Jl. Ir. Juanda No. 8-9, Ponorogo
                                                            December 15, 2015

182   Banjarnegara            Kep-370/NB.111/2015           17 Desember 2015          Jl. Mayjend Sutoyo Nomor 40, Banjarnegara
                                                            December 17, 2015




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                                                            Tanggal Izin Kantor
                              Nomor Izin Kantor Cabang
          Kantor Cabang                                           Cabang                      Alamat Lengkap Kantor Cabang
No.                              License Number
           Branch Office                                       License Date                      Full Address Branch Office
                                       Branch
                                                               Branch Office

183   Medan II               Kep-52/NB.11/2016           11 Februari 2016              Jln. Marelan Raya, Komp. Ruko Griya Niaga
                                                         February 11, 2016             B6/B7 No 40 F-G, Marelan

184   Sleman                 Kep-53/NB.11/2016           11 Februari 2016              Jl. Affandi CT 10 No 35, Karang Gayam, Catur
                                                         February 11, 2016             Tunggal, Kec. Depok Kab. Sleman, Provinsi
                                                                                       Daerah Istimewa Yogyakarta

185   Pelalawan              Kep-54/NB.11/2016           11 Februari 2016              Jalan Lintas Timur, Pelalawan
                                                         February 11, 2016

186   Subang II              Kep-26/NB.111/2016          17 Maret 2016                 Jalan Ion Martasasmita Dusun Pangadangan
                                                         March 17, 2016                RT 013 RW 05 Ds Rancasari Kec Pamanukan
                                                                                       Kab Subang

187   Maros                  Kep-27/NB.111/2016          17 Maret 2016                 Jalan Poros Maros Makassar KM 7-8 Kel.
                                                         March 17, 2016                Bontoa

188   Bekasi II              Kep-28/NB.111/2016          17 Maret 2016                 Jalan Jenderal Sudirman Nomor 99,
                                                         March 17, 2016                Kelurahan Kranji, Jawa Barat

189   Denpasar II            Kep-29/NB.111/2016          17 Maret 2016                 Jalan Tukad Batanghari nomor 37, Kelurahan
                                                         March 17, 2016                Panjer

190   Jombang                Kep-30/NB.111/2016          17 Maret 2016                 Jalan Soekarno Hatta, Ruko Cempaka Mas
                                                         March 17, 2016                Blok A1-A2, Desa Babatan Kepuhkembeng

191   Surabaya 2             Kep-150/NB.111/2016         02 Agustus 2016               Jalan Dharmahusada Indah 75-B RT 003 RW
                                                         August 2, 2016                09 Kelurahan Mulyorejo

192   Surabaya 3             Kep-179/NB.111/2016         08 September 2016             Jalan Raya Satelit Indah Utara Nomor 52-52A
                                                         September 8, 2016             RT.006 RW.003 Kelurahan Tanjung Sari

193   Sukabumi II            Kep-180/NB.111/2016         08 September 2016             Jl Cangehgar RT02 RW02 Kelurahan
                                                         September 8, 2016             Palabuhanratu

194   Jakarta Pusat 2        Kep-73/NB.111/2017          24 Mei 2017                   Jl. Pramuka No. 12 Rt 012/005, Kel. Rawasari
      Central Jakarta 2                                  May 24, 2017

195   Sleman II              Kep-181/NB.111/2017         08 September 2017             Jl. Raya Magelang Km 4, Kel. Padukuhan
                                                         September 8, 2017             Rogoyudan, Desa Sinduadi

196   Jakarta Utara II       Kep-112/NB.111/2018         23 Januari 2018               Ruko Permata Kota Blok L No. 5, Jl. Tubagus
      North Jakarta II                                   January 23, 2018              No. 170, Kel. Pejagalan

197   Gresik II              Kep-113/NB.111/2018         23 Januari 2018               Ruko Gading Mutiara Permai Blok AB No. 5
                                                         January 23, 2018              Desa Kepatihan

198   Situbondo              Kep-114/NB.111/2018         23 Januari 2018               Jl. Wijaya Kusuma Kel. Dawuhan
                                                         January 23, 2018

199   Jakarta Selatan II     Kep-115/NB.111/2018         23 Januari 2018               Jl. Fatmawati Raya Nomor 005 & 006,
      South Jakarta II                                   January 23, 2018              Kelurahan Cilandak Barat

200   Tangerang V            Kep-111/NB.111/2018         23 Januari 2018               Ruko The Icon Busiess Park Blok A No. 1-2
                                                         January 23, 2018              BSD City, Desa Sampora




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                                                               Tanggal Izin Kantor
                                 Nomor Izin Kantor Cabang
           Kantor Cabang                                             Cabang                  Alamat Lengkap Kantor Cabang
No.                                 License Number
            Branch Office                                         License Date                  Full Address Branch Office
                                          Branch
                                                                  Branch Office

201   Bekasi III                Kep-305/NB.111/2018         23 Agustus 2018           Jalan Teuku Umar Nomor 20, Kel. Telaga
                                                            August 23, 2018           Asih, Jawa Barat

202   Bogor II                  Kep-306/NB.111/2018         23 Agustus 2018           Ruko Pusri, Jalan Raya Cemplang Galuga
                                                            August 23, 2018           Km.18, Jawa Barat

203   Karawang II               Kep-351/NB.111/2018         17 September 2018         Jalan Proklamasi Jati Ilir, Kelurahan
                                                            September 17, 2018        Tunggakjati, Jawa Barat

204   Temanggung                Kep-352/NB.111/2018         17 September 2018         Jalan Jendral Sudirman, Ruko Yudha nomor
                                                            September 17, 2018        01-02 Kel. Cublikan Kowangan

205   Kabupaten Tangerang       Kep-472/NB.111/2018         20 Desember 2018          Ruko Riviera Perumahan Palem Semi,
      VI                                                    December 20, 2018         Jl. Palem Raja Raya Selatan No 28, Kel.
      Tangerang Regency VI                                                            Bencongan

206   Kabupaten Cilacap II      Kep-80/NB.111/2019          29 Mei 2019               jalan Bhayangkara No. 251 Desa Jenang
      Cilacap Regency II                                    May 29, 2019

207   Kota Pontianak II         Kep-81/NB.111/2019          29 Mei 2019               Jl. Tanjung Raya 2, Kelurahan Banjar Serasan,
      Pontianak City II                                     May 29, 2019              Kecamatan Pontianak Timur, Kota Pontianak,
                                                                                      Kalimantan Barat, 78233

208   Kabupaten Pasuruan II     Kep-82/NB.111/2019          29 Mei 2019               Ruko The Orchard Blok I 1 No. 3,5,6 Taman
      Pasuruan Regency II                                   May 29, 2019              Dayu, Kelurahan Karang Jati Kecamatan
                                                                                      Pandaan Kabupaten Pasuruan

209   Kabupaten Indragiri       Kep-91/NB.111/2019          24 Juni 2019              Jl. Batang Tuaka, Desa Tembilahan Kota, Prov
      Hilir                                                 June 24, 2019             Riau
      Indragiri Hilir Regency

210   Kota Bogor III            Kep-92/NB.111/2019          24 Juni 2019              Jl. Raya Ciawi Sukabumi KM. 2, Warung
      Bogor City III                                        June 24, 2019             Nangka No. 10-11, Kel. Harjasari

211   Kota Semarang II          Kep-93/NB.111/2019          24 Juni 2019              Jl. Sriwijaya No. 43A Rt. 001/013, Kel Tegalsari
      Semarang City II                                      June 24, 2019

212   Kabupaten Bekasi IV       Kep-94/NB.111/2019          24 Juni 2019              Cikarang Central City, Jl. Raya Cibarusah,
      Bekasi Regency IV                                     June 24, 2019             Desa Ciantra

213   Kota Batang               Kep-95/NB.111/2019          24 Juni 2019              Jl. Pemuda Ruko Villa Mutiara, Kel. Kauman
      Batang City                                           June 24, 2019

214   Kabupaten Bontang         Kep-88/NB.111/2019          25 Juni 2019              Jl. MT Haryono Nomor 03, Kelurahan Api-Api
      Bontang Regency                                       June 25, 2019

215   Kota Pemalang II          Kep-105/NB.111/2019         12 Juli 2019              Jalan Jenderal Sudirman Timur, RT.050,
      Pemalang City II                                      July 12, 2019             RW.005, Desa Randudongkal, Jawa Tengah

216   Kabupaten Ngawi           Kep-106/NB.111/2019         12 Juli 2019              Jalan Panglima Sudirman No. 73A, Kelurahan
      Ngawi Regency                                         July 12, 2019             Margomulyo, Jawa Timur

217   Kota Bandung III          Kep-107/NB.111/2019         12 Juli 2019              Jalan Kopo 436A, Kelurahan Babakan
      Bandung City III                                      July 12, 2019             Ciparay, Jawa Barat




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                                                                Tanggal Izin Kantor
                                  Nomor Izin Kantor Cabang
          Kantor Cabang                                               Cabang                      Alamat Lengkap Kantor Cabang
No.                                  License Number
           Branch Office                                           License Date                      Full Address Branch Office
                                           Branch
                                                                   Branch Office

218   Kota Cimahi                Kep-108/NB.111/2019         12 Juli 2019                  Jalan HMS Mintaredja Komplek Town Place
      Cimahi City                                            July 12, 2019                 A - 11, kelurahan Baros, Jawa Barat

219   Kabupaten Brebes II        Kep-109/NB.111/2019         12 Juli 2019                  Jalan Diponegoro 258, desa Jatisawit, Jawa
      Brebes Regency II                                      July 12, 2019                 Tengah

220   Kabupaten Malang II        Kep-166/NB.111/2019         11 Oktober 2019               Jalan Raya Singosari Regency Blok A1-A2,
      Malang Regency II                                      October 11, 2019              Kel. Pagentan, Jawa Timur

221   Kabupaten Nganjuk          Kep-167/NB.111/2019         11 Oktober 2019               Jalan Lurah Surodarmo No. 1, Desa Bogo,
      Nganjuk Regency                                        October 11, 2019              Jawa Timur

222   Kabupaten Gunung           Kep-168/NB.111/2019         11 Oktober 2019               Jalan KH. Agus Salim, No. 114, Ledoksari,
      Kidul                                                  October 11, 2019              Kelurahan Kepek, DIY
      Gunung Kidul Regency

223   Kabupaten Tanjung          Kep-169/NB.111/2019         11 Oktober 2019               Jalan Prof Dr Sri Soedewi, kel Tungkal
      Jabung Barat                                           October 11, 2019              Harapan, Prov. Jambi
      West Tanjung Jabung

224   Kabupaten Bengkalis        Kep-181/NB.111/2019         24 Oktober 2019               Jalan Hangtuah No. 100-101, Kel Air Jamban,
      Bengkalis Regency                                      October 24, 2019              Prov Riau

225   Kabupaten Purbalingga      Kep-193/NB.111/2019         04 November 2019              Jl. MT Haryono No. 19, Kel.
      Purbalingga Regency                                    November 4, 2019              Kandanggampang, Prov Jawa Tengah

226   Kota Batu                  Kep-194/NB.111/2019         04 November 2019              Jl. Patimura Nomor 32, Kelurahan Temas
      Batu City                                              November 4, 2019

227   Kota Bitung                Kep-195/NB.111/2019         04 November 2019              Jalan Piere Tendean, Desa Manembo-
      Bitung City                                            November 4, 2019              Nembo, Prov. Sulawesi Utara

228   Kabupaten Sidoarjo III     Kep-196/NB.111/2019         04 November 2019              Jalan Raya Tebel 146 RT 003 RW 002, Desa
      Sidoarjo Regency III                                   November 4, 2019              Tebel, Kec Gedangan, Kab Sidoarjo, Jawa
                                                                                           Timur

229   Kabupaten Tangerang        Kep-201/NB.111/2019         07 November 2019              Jalan Raya Serang KM 24, Ruko Balaraja, Kp.
      VII                                                    November 7, 2019              Telaga, Desa Telagasari, Prov. Banten
      Tangerang Regency VII

230   Kabupaten Paser            Kep-267/NB.111/2019         04 Desember 2019              Jalan RM. Noto Sunardi RT 007/005, Kel.
      Paser Regency                                          December 4, 2019              Tanah Grogot, Prov. Kalimantan Timur

231   Kabupaten Karo             Kep-268/NB.111/2019         04 Desember 2019              Jl. Veteran no 59A, Kel. Kampung Dalam,
      Karo Regency                                           December 4, 2019              Prov. Sumatera Utara

232   Kabupaten Aceh Timur       Kep-269/NB.111/2019         04 Desember 2019              Jalan Medan-Banda Aceh No. 3A, Desa
      East Aceh Regency                                      December 4, 2019              Tanoh Anou, Prov. Aceh

233   Kabupaten Cirebon II       Kep-270/NB.111/2019         04 Desember 2019              Jalan Pahlawan No. 30, Desa Arjawinangun,
      Cirebon Regency II                                     December 4, 2019              Prov. Jawa Barat

234   Kabupaten Mimika           Kep-44/NB.111/2020          11 Februari 2020              Jalan Budiutomo, Kelurahan Inauga, Papua
      Mimika Regency                                         February 11, 2020




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                                                           Tanggal Izin Kantor
                             Nomor Izin Kantor Cabang
           Kantor Cabang                                         Cabang                 Alamat Lengkap Kantor Cabang
No.                             License Number
            Branch Office                                     License Date                 Full Address Branch Office
                                      Branch
                                                              Branch Office

235   Kabupaten Bangka      Kep-45/NB.111/2020          11 Februari 2020          Ruko Permata Indah Blok B No 3-5, Jalan
      Bangka Regency                                    February 11, 2020         Jenderal Sudirman, Kelurahan Sungai Liat,
                                                                                  Kepulauan Bangka Belitung

236   Semarang III          Kep-46/NB.111/2020          11 Februari 2020          Jalan Arteri Soekarno Hatta No. 74,
                                                        February 11, 2020         Kelurahan Palebon, Jawa Tengah

237   Padang II             Kep-47/NB.111/2020          14 Februari 2020          Jalan Adinegoro Nomor 27, RT.002, RW. 004,
                                                        February 14, 2020         Kelurahan Bungo Pasang, Sumatera Barat

238   Mamuju                Kep-48/NB.111/2020          14 Februari 2020          Jalan Jend. Sudirman, Desa Simboro,
                                                        February 14, 2020         Sulawesi Barat

239   Bandung IV            Kep-49/NB.111/2020          14 Februari 2020          Jl Raya Tagog No. 295 Rt 003/002, Desa
                                                        February 14, 2020         Cimekar, Kecamatan Cileunyi, Kabupaten
                                                                                  Bandung, Provinsi Jawa Barat

240   Grobogan              Kep-50/NB.111/2020          14 Februari 2020          Jalan A. Yani Nomor 31 Ruko Blok F,
                                                        February 14, 2020         Kelurahan Gubug, Jawa Tengah

241   Lombok Barat          Kep-51/NB.111/2020          14 Februari 2020          Jalan Raya Lembar, Desa Beleka Provinsi
      West Lombok                                       February 14, 2020         Nusa Tenggara Barat

242   Bogor IV              Kep-310/NB.111/2021         17 November 2021          Jl Raya Parung Bogor Kp. Jati Parung RT
                                                        November 17, 2021         002 RW 006 Desa Parung, Jawa Barat

243   Kota Kotamobagu       Kep-311/NB.111/2021         17 November 2021          Jalan Datoe Binangkang (Depan Dealer
      Kotamobagu City                                   November 17, 2021         Hasrat Abadi), Kelurahan Kotamobagu,
                                                                                  Sulawesi Utara

244   Kota Batam 2          KEP-51/PL.021/2023          13 Oktober 2023           Ruko Villa Muka Kuning Blok A1 Nomor 14,
      Batam City 2                                      October 13, 2023          Jalan Letjend Soeprapto, Kelurahan Tembesi,
                                                                                  Kecamatan Sagulung, Kota Batam, Prov
                                                                                  Kepulauan Riau

245   Kota Pekanbaru 2      KEP-52/PL.021/2023          13 Oktober 2023           Jalan HR Soebrantas Nomor 92, Tampan Kota
      Pekanbaru City 2                                  October 13, 2023          Pekanbaru

246   Kota Subulussalam     KEP-85 PL.021 2023          14 November 2023          Jalan T Umar DS. Penangkalan Samping
      Subulussalam City                                 November 14, 2023         Swalayan Sejahtera, Kota Subulussalam, Prov
                                                                                  Aceh

247   Kota Ternate          KEP-96 PL.021 2023          24 November 2023          Jalan Merdeka, Gamalama, Kecamatan
      Ternate City                                      October 13, 2023          Ternate Tengah, Kota Ternate, Prov Maluku
                                                                                  Utara

248   Kota Palembang III    KEP-97 PL.021 2023          24 November 2023          Jalan Sultan Mahmud Badaruddin II Nomor
      Palembang City III                                November 24, 2023         16, Sukodadi, Kecamatan Alang-Alang Lebar,
                                                                                  Kota Palembang, Sumatera Selatan

249   Kabupaten Kolaka      KEP-86/PL.021/2024          11 Juli 2024              Jalan Pramuka 58-54, kelurahan lamokato,
      Kolaka Regency                                    July 11, 2024             Kecamatan Kolaka, Kab Kolaka, Sulawesi
                                                                                  Tenggara




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                                                                Tanggal Izin Kantor
                                  Nomor Izin Kantor Cabang
          Kantor Cabang                                               Cabang                      Alamat Lengkap Kantor Cabang
No.                                  License Number
           Branch Office                                           License Date                      Full Address Branch Office
                                           Branch
                                                                   Branch Office

250   Kabupaten Berau            KEP-74/PL.021/2024          11 Juli 2024                  Jalan Pemuda, Kelurahan Tanjung Redeb,
      Berau Regency                                          July 11, 2024                 Kec tanjung Redeb

251   Kabupaten Bulungan         S-686/PL.021/2025           04 Agustus 2025               Jalan Durian No. 55, Kelurahan Tanjung Selor
      Bulungan Regency                                       August 4, 2025                Hilir, Kecamatan Tanjung Selor, Kabupaten
                                                                                           Bulungan, Provinsi Kalimantan Utara, Kode
                                                                                           pos: 77212

252   Kabupaten Jayapura         S-686/PL.021/2025           04 Agustus 2025               Jl Raya Sentani Abepura, depan mata jalan
      Jayapura Regency                                       August 4, 2025                puskopad samping kullo cafe, kelurahan
                                                                                           Sentani Kota, kecamatan Sentani, Kabupaten
                                                                                           Jayapura, Provinsi Papua

253   Kota Makassar (II)         S-686/PL.021/2025           04 Agustus 2025               Ruko Bisnis Nusa Tamalanrea Indah No.1, Jl.
      Makassar City (II)                                     August 4, 2025                Perintis Kemerdekaan Km.12, Kel.Tamalanrea,
                                                                                           Kec. Tamalanrea, Kota Makassar, Provinsi
                                                                                           Sulawesi Selatan

254   Kabupaten Kuningan         S-686/PL.021/2025           04 Agustus 2025               Jl. Siliwangi No.80, Kelurahan Cijoho,
      Kuningan Regency                                       August 4, 2025                Kecamatan Kuningan, Kabupaten Kuningan,
                                                                                           Provinsi Jawa Barat, Kode Pos 45513

255   Kabupaten Barito Utara     S-686/PL.021/2025           04 Agustus 2025               Jl. Ahmad Yani, Kelurahan Melayu,
      North Barito Regency                                   August 4, 2025                Kecamatan Teweh Tengah, Kabupaten Barito
                                                                                           Utara, Provinsi Kalimantan Tengah

256   Kabupaten Bone             S-686/PL.021/2025           04 Agustus 2025               Jl. Wahidin sudirohusodo, Kelurahan
      Bone Regency                                           August 4, 2025                Macanang, Kecamatan Tanete Riattang Barat,
                                                                                           Kabupaten Bone

257   Kota Samarinda (II)        S-686/PL.021/2025           04 Agustus 2025               Jl. KH. Harun Nafsi No.16, Kel. Rapak Dalam,
      Samarinda City (II)                                    August 4, 2025                Kec. Samarinda Seberang, Kota Samarinda,
                                                                                           Kalimantan Timur 75251

258   Kabupaten Aceh             KEP-133/PL.021/2024         21 Agustus 2025               Jalan Qurata’aini, Kelurahan Nunang Antara,
      Tengah                                                 August 21, 2025               Kecamatan Bebesen, Kabupaten Aceh
      Central Aceh Regency                                                                 Tengah, Provinsi Aceh, 24552.

259   Kabupaten Bogor (III)      KEP-169/PL.021/2024         21 Agustus 2025               Jalan Kapten Soemantri, Kp. Pojok Salak
      Bogor Regency (III)                                    August 21, 2025               RT 02 RW 08, Desa Jonggol, Kecamatan
                                                                                           Jonggol, Kabupaten Bogor, Provinsi Jawa
                                                                                           Barat, 16830

260   Kota Bau-Bau               S-872/PL.021/2025           1 September 2025              Jalan Erlangga RT 02 RW 07, Kompleks Ruko
      Bau-Bau City                                           September 1, 2025             Murhum Square Nomor 09-10, Kelurahan
                                                                                           Lanto, Kecamatan Batu Puaro, Kota Bau-Bau,
                                                                                           Provinsi Sulawesi Tenggara

261   Kota Batam (III)           S-872/PL.021/2025           1 September 2025              Jalan Teuku Umar, Komplek Lumbung Rejeki,
      Batam City (III)                                       September 1, 2025             Kelurahan Lubuk Baja Kota, Kecamatan Lubuk
                                                                                           Baja, Kota Batam, Provinsi Kepulauan Riau

262   Kabupaten Sekadau          S-872/PL.021/2025           1 September 2025              Jalan Panglima Naga Komplek Pasar Baru,
      Sekadau Regency                                        September 1, 2025             Kelurahan Mungguk, Kecamatan Sekadau
                                                                                           Hilir, Kabupaten Sekadau, Provinsi Kalimantan
                                                                                           Barat




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Struktur                                                            Inisiatif penyesuaian struktur organisasi Perseroan dilakukan
                                                                    secara berkala untuk memastikan keselarasan dengan arah

Organisasi                                                          strategis, kebijakan usaha, serta dinamika industri pembiayaan.
                                                                    Langkah ini juga menjadi bagian dari kepatuhan terhadap
Organizational Structure                                            ketentuan regulasi dan dalam rangka menjaga efektivitas sistem
                                                                    kerja, serta mendukung efisiensi proses bisnis. Berdasarkan
                                                                    Surat Keputusan Presiden Direktur No. 001/FIFGROUP/SK-
                                                                    PD/V/2025, struktur organisasi Perseroan yang berlaku efektif
                                                                    per 31 Desember 2025 ditampilkan pada bagan berikut:


Bagan Struktur Organisasi per 31 Desember 2025
Organizational Structure Chart as of December 31, 202                                  Komisaris | Board of Commissioners


                                                                       President Commissioner   : Rudy
                                                                       Commissioner             : Thomas Junaidi Alim Wijaya
                     Dewan Syariah | Sharia Supervisory Board          Independent Commissioner : R. Nunu Soetjahja Noegroho
                                                                       Independent Commissioner : Margono Tanuwijaya

                               Anggota | member
                                Aminudin Yakub
                                                                                           Direksi | Board of Directors


                                                                       President Director     :   Siswadi
                                                                       Director               :   Indra Gunawan
                                                                       Director               :   Setia Budi
                                                                       Director               :   Sri Harjati
                                                                       Director               :   Valentina Chai Wei Li
                                                                       Director               :   Daniel Hartono



                                                                                              President Director




          Director                            Director

                                                                                                       Chief of Regional Management
    New Motorcycle (NMC)                   Credit, Collateral,
     Financing Regional I               Insurance, and Fiducia
           Division                     Management Division
                                                                                                              Regional Management 1
                                                                                                                     Division
    New Motorcycle (NMC)                Collection, Remedial
     Financing Regional II                  and Recovery
           Division                     Management Division
                                                                                                              Regional Management 2
                                                                                                                     Division
                                        Network and Inventory
                                        Management Division

                                                                                                              Regional Management 3
                                                                                                                     Division
                                           Used Motorcycle
                                        Financing (UFI) Division




                                        Microfinancing Division




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The Company’s organizational structure is adjusted periodically
to ensure alignment with strategic direction, business policies,
and the dynamics of the financing industry. This step is also part
of compliance with regulatory requirements and is intended
to maintain the effectiveness of the work system and support
business process efficiency. Pursuant to the President Director’s
Decree No. 001/FIFGROUP/SK-PD/V/2025, the Company’s
organizational structure effective as of December 31, 2025, is
presented in the following chart:



                                  Komite Audit | Audit Committee


                      Ketua | Chairman          :   Margono Tanuwijaya
                      Anggota | Member          :   Hardi Montana
                      Anggota | Member          :   Juliani Eliza Syaftari



                       Komite Pemantau Risiko | Risk Monitoring Committee


                      Ketua | Chairman          :   R. Nunu Soetjahja Noegroho
                      Anggota | Member          :   Hardi Montana
                      Anggota | Member          :   Juliani Eliza Syaftari



             Komite Remunerasi & Nominasi | Remuneration & Nomination Committee                        Corporate Function
                                                                                                       • Compliance and
                      Ketua | Chairman          :   R. Nunu Soetjahja Noegroho                           Standardization Division
                      Anggota | Member          :   Rudy                                               • Internal Audit Division
                      Anggota | Member          :   Arlien Virginia Jonathan                           • Corporate Secretary, Legal &
                                                                                                         Litigation Division
                                                                                                       • Corporate Planning and
                                                                                                         Communication Division



          Director                               Director                             Director



                                            Finance and Treasury                     Information
     Human Capital Division
                                                  Division                        Technology Division



         General Service,                                                        Customer Relationship
                                             Budget, Accounting
        Building, ESR and                                                          Management and
                                              and Tax Division
      Sustainability Division                                                        Digital Division


         Multi Purposed
                                                                                   Risk Management
         Financing (MPF)
                                                                                        Division
        Marketing Division



                                                                                    Sharia Financing
                                                                                   Marketing Division




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Daftar Keanggotaan Asosiasi
List of Association Membership




Perseroan senantiasa memperluas jejaring dan memperkuat                   The Company continues to expand its network and strengthen
kemitraan strategis melalui partisipasi aktif dalam asosiasi serta        strategic partnerships through active participation in
organisasi di industri pembiayaan. Langkah ini menjadi bagian             associations and organizations in the financing industry. This
dari komitmen FIFGROUP untuk mendukung perkembangan                       step is part of FIFGROUP’s commitment to supporting the
industri multifinance yang sehat dan berdaya saing.                       development of a healthy and competitive multifinance industry.

Sampai dengan akhir tahun 2025, FIFGROUP berperan aktif                   By the end of 2025, FIFGROUP played an active role as a
sebagai anggota di sejumlah asosiasi dan organisasi yang                  member of a number of associations and organizations that
mendukung perkembangan industri pembiayaan nasional,                      support the development of the national financing industry,
antara lain sebagai berikut:                                              including the following:


                                       Nama Organisasi                                            Status Anggota      Skala Organisasi
                                       Organization Name                                         Membership Status    Organization Scale

 Asosiasi Perusahaan Pembiayaan (APPI)                                                                  Aktif             Nasional
 Association of Financing Companies (APPI)                                                             Active             National

 PT Rapi Utama Indonesia (Rapindo)                                                                      Aktif             Nasional
                                                                                                       Active             National

 Lembaga Alternatif Penyelesaian Sengketa Sektor Jasa Keuangan (LAPS SJK)                               Aktif             Nasional
 Alternative Dispute Resolution Institution for the Financial Services Sector (LAPS SJK)               Active             National




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Informasi Perubahan
Komposisi Direksi Tahun 2025
Information Changes in the Composition of the Board of Directors in 2025



Sepanjang tahun 2025, tidak terdapat perubahan pada     Throughout 2025, there were no changes to the composition
komposisi Direksi Perseroan.                            of the Company’s Board of Directors.




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Profil Direksi
Board of Directors Profile




                                                         Siswadi
                                                         PRESIDEN DIREKTUR | PRESIDENT DIRECTOR



                                                         Usia | Age
                                                         54 tahun | 54 years old

                                                         Kewarganegaraan | Citizenship
                                                         Indonesia | Indonesian citizen

                                                         Domisili | Domicile
                                                         Indonesia




 Dasar Pengangkatan           Akta Pernyataan Keputusan Rapat No. 01 tanggal 2 Mei 2024
 Legal Basis of               Minutes of the Board Meeting Resolution No. 01 dated May 2, 2024
 Appointment
 Gelar Pendidikan             Sarjana Ekonomi dari Universitas Brawijaya (1994)           Bachelor of Economics from Brawijaya University (1994)
 Educational Degree           Magister Hukum dari Universitas Padjajaran (2004)           Master of Law from Padjajaran University (2004)
 Sertifikasi Keahlian         • Sertifikasi Ahli Pembiayaan dari SPPI (2015)              • Financing Expert Certification from SPPI (2015)
 Certification of Expertise   • Sertifikasi Manajemen Risiko dari SPPI (2018)             • Risk Management Certification from SPPI (2018)
 Perjalanan Karier            • Senior Internal Auditor di PT Tigaraksa Satria Tbk        • Senior Internal Auditor at PT Tigaraksa Satria Tbk
 Career History                 (1994–1997)                                                 (1994–1997)
                              • Corporate Secretary di PT Astra Sedaya Finance            • Corporate Secretary at PT Astra Sedaya Finance
                                (1997–1998)                                                 (1997–1998)
                              • Corporate Internal Audit Head di PT Astra Sedaya          • Corporate Internal Audit Head at PT Astra Sedaya
                                Finance (1998–1999)                                         Finance (1998–1999)
                              • Risk Management Head di PT Astra Sedaya Finance           • Risk Management Head at PT Astra Sedaya Finance
                                (1999–2000)                                                 (1999–2000)
                              • Financial Planning & Analysis Head di PT Astra Sedaya     • Head of Financial Planning & Analysis at PT Astra
                                Finance (2000–2001)                                         Sedaya Finance (2000–2001)
                              • Operational Risk Head di PT Astra Sedaya Finance          • Operational Risk Head at PT Astra Sedaya Finance
                                (2001–2002)                                                 (2001–2002)
                              • Branch Manager Bogor di PT Astra Sedaya Finance           • Branch Manager Bogor at PT Astra Sedaya Finance
                                (2002–2004)                                                 (2002–2004)
                              • National Service Head di PT Astra Sedaya Finance          • National Service Head at PT Astra Sedaya Finance
                                (2004–2005)                                                 (2004–2005)
                              • National Remarketing Head di PT Astra Sedaya Finance      • National Remarketing Head at PT Astra Sedaya Finance
                                (2005–2006)                                                 (2005–2006)




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                               Tinjauan Pendukung Bisnis                Analisa dan Pembahasan Manajemen                   Tata Kelola Perusahaan
                                  Business Support Review                Management Discussion and Analysis                 Corporate Governance




                          • Special Asset Management Head di PT Astra Sedaya            • Special Asset Management Head at PT Astra Sedaya
                            Finance (2006–2007)                                           Finance (2006–2007)
                          • Presiden Direktur di PT Astra Multi Finance                 • President Director at PT Astra Multi Finance
                            (2007–2008)                                                   (2007–2008)
                          • Commercial Business Division Head di PT Astra Sedaya        • Commercial Business Division Head at PT Astra Sedaya
                            Finance (2007–2012)                                           Finance (2007–2012)
                          • Komisaris di PT Astra Auto Finance (2007–2013)              • Commissioner at PT Astra Auto Finance (2007–2013)
                          • Presiden Direktur di PT Swadharma Bhakti Sedaya             • President Director at PT Swadharma Bhakti Sedaya
                            Finance (2008–2013)                                           Finance (2008–2013)
                          • Direktur di PT Astra Sedaya Finance (2013–2018)             • Director at PT Astra Sedaya Finance (2013–2018)
                          • Direktur (Chief HR, IT & Commercial Fleet Officer) di PT    • Director (Chief HR, IT & Commercial Fleet Officer) at PT
                            Astra Sedaya Finance (2013–2014)                              Astra Sedaya Finance (2013–2014)
                          • Direktur (Chief Human Capital & GA Officer) di PT Astra     • Director (Chief Human Capital & GA Officer) at PT Astra
                            Sedaya Finance (2014–2017)                                    Sedaya Finance (2014–2017)
                          • Direktur (Deputy Chief Executive Officer) di PT Astra       • Director (Deputy Chief Executive Officer) at PT Astra
                            Sedaya Finance (2017–2018)                                    Sedaya Finance (2017–2018)
                          • Komisaris di PT Sedaya Pratama (2013–2024)                  • Commissioner at PT Sedaya Pratama (2013–2024)
                          • Komisaris di PT Stacomitra Graha (2013–2024)                • Commissioner at PT Stacomitra Graha (2013–2024)
                          • Presiden Komisaris di PT Astra Auto Finance                 • President Commissioner at PT Astra Auto Finance
                            (2013–2024)                                                   (2013–2024)
                          • Komisaris di PT Garda Era Sedaya (2018–2024)                • Commissioner at PT Garda Era Sedaya (2018–2024)
                          • Presiden Direktur di PT Astra Sedaya Finance                • President Director at PT Astra Sedaya Finance
                            (2018–2024)                                                   (2018–2024)
                          • Komisaris di PT Matra Graha Sarana (2024–2025)              • Commissioner at PT Matra Graha Sarana (2024–2025)
Rangkap Jabatan           Di Perseroan:                                                 Within the Company:
Concurrent Positions      Tidak merangkap jabatan di Perseroan                          No concurrent positions within the Company

                          Di Perusahaan Lain:                                           In Other Companies:
                          • Presiden Komisaris di PT Astra Digital Arta                 • President Commissioner at PT Astra Digital Arta
                             (2024–sekarang)                                               (2024–present)
                          • Presiden Komisaris di PT Astra Kreasi Digital               • President Commissioner at PT Astra Kreasi Digital
                             (2024–sekarang)                                               (2024–present)
Hubungan Afiliasi          Tidak memiliki hubungan afiliasi dengan Direksi lain, Dewan Komisaris dan pemegang saham.
Affiliated Relationship   No affiliation with other directors, the Board of Commissioners, or shareholders.
Kepemilikan Saham         Tidak memiliki saham Perseroan baik secara langsung maupun tidak langsung.
di Perseroan              Does not own shares in the Company either directly or indirectly.
Share Ownership
in the Company




                                                                                       LAPORAN TAHUNAN | ANNUAL REPORT 2025
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Page 104
   Ikhtisar Kinerja                      Laporan Manajemen                  Profil Perusahaan
   Performance Highlights                Management Report                  Company Profile




                                                         Indra Gunawan
                                                         DIREKTUR | DIRECTOR



                                                         Usia | Age
                                                         51 tahun | 51 years old

                                                         Kewarganegaraan | Citizenship
                                                         Indonesia | Indonesian citizen

                                                         Domisili | Domicile
                                                         Indonesia




 Dasar Pengangkatan           Akta Pernyataan Keputusan Rapat No. 01 tanggal 2 Mei 2024.
 Legal Basis of               Minutes of the Board Meeting Resolution No. 01 dated May 2, 2024.
 Appointment
 Gelar Pendidikan             • Sarjana Ekonomi (Accounting) dari Universitas Atmajaya    • Bachelor of Economics (Accounting) from Atmajaya
 Educational Degree             Yogyakarta (1996)                                           University Yogyakarta (1996)
 Sertifikasi Keahlian         • Sertifikasi Ahli Pembiayaan dari SPPI (2015)              • Certification as a Financing Expert from SPPI (2015)
 Certification of Expertise   • Sertifikasi Manajemen Risiko dari BSMR (2017)             • Risk Management Certification from BSMR (2017)
                              • Sertifikasi Manajemen Risiko dari SPPI (2023)             • Risk Management Certification from SPPI (2023)
 Perjalanan Karier            • Officer di PT Federal International Finance (1997–2000)   • Officer at PT Federal International Finance (1997–2000)
 Career History               • Branch Head Cilacap di PT Federal International           • Branch Head in Cilacap at PT Federal International
                                Finance (2000–2001)                                         Finance (2000–2001)
                              • Branch Head Balikpapan di PT Federal International        • Branch Head Balikpapan at PT Federal International
                                Finance (2001–2002)                                         Finance (2001–2002)
                              • Branch Head Medan di PT Federal International Finance     • Branch Head of Medan at PT Federal International
                                (2003–2005)                                                 Finance (2003–2005)
                              • Marketing Department Head di PT Federal International     • Head of Marketing Department at PT Federal
                                Finance (2005–2006)                                         International Finance (2005–2006)
                              • Repossession and Inventory Department Head di PT          • Head of Repossession and Inventory Department at PT
                                Federal International Finance (2006–2010)                   Federal International Finance (2006–2010)
                              • Branch Management Division Head di PT Federal             • Head of Branch Management Division at PT Federal
                                International Finance (2010–2011)                           International Finance (2010–2011)
                              • Chief of Risk Management & Business Development di        • Chief of Risk Management & Business Development at
                                PT Federal International Finance (2011–2012)                PT Federal International Finance (2011–2012)
                              • Chief of Business Development & Corporate Planning di     • Chief of Business Development & Corporate Planning at
                                PT Federal International Finance (2013–2014)                PT Federal International Finance (2013–2014)
                              • Presiden Komisaris di PT Astra Digital Arta (2018–2020)   • President Commissioner at PT Astra Digital Arta
                              • Komisaris PT Astra Welab Digital Arta (2018–2025)           (2018–2020)
                                                                                          • Commissioner of PT Astra Welab Digital Arta (2018–
                                                                                            2025)
 Rangkap Jabatan              Di Perseroan:                                               Within the Company:
 Concurrent Positions         • Ketua Komite Pengarah Teknologi Informasi                 • Chair of the Information Technology Steering
                              • Ketua Komite Manajemen Risiko                                Committee
                                                                                          • Chairman of the Risk Management Committee

                              Di Perusahaan Lain:                                         In Other Companies:
                              • Presiden Komisaris di PT Sharia Multifinance Astra        • President Commissioner at PT Sharia Multifinance Astra
                                 (2016–sekarang)                                             (2016–present)
                              • Komisaris di PT Astra WeLab Digital Arta                  • Commissioner at PT Astra WeLab Digital Arta
                                 (2018–sekarang)                                             (2018–present)
                              • Komisaris di PT Astra Digital Arta (2020–sekarang)        • Commissioner at PT Astra Digital Arta (2020–present)
                              • Komisaris PT Astra Integrasi Digital (2025–sekarang)      • Commissioner of PT Astra Integrasi Digital (2025–
                                                                                             present)
 Hubungan Afiliasi             Tidak memiliki hubungan afiliasi dengan Direksi lain, Dewan Komisaris dan pemegang saham.
 Affiliated Relationship      No affiliation with other Directors, Board of Commissioners, or shareholders.
 Kepemilikan Saham         Tidak memiliki saham Perseroan baik secara langsung maupun tidak langsung.
 di Perseroan              Does not own any shares in the Company, either directly or indirectly.

102        LAPORAN TAHUNAN | ANNUAL REPORT 2025
 Share Ownership
           PT Federal International Finance
 in the Company
Page 105
                                  Tinjauan Pendukung Bisnis                Analisa dan Pembahasan Manajemen                  Tata Kelola Perusahaan
                                     Business Support Review                Management Discussion and Analysis                Corporate Governance




                                                         Setia Budi
                                                         DIREKTUR | DIRECTOR



                                                         Usia | Age
                                                         57 tahun | 57 years old

                                                         Kewarganegaraan | Citizenship
                                                         Indonesia | Indonesian citizen

                                                         Domisili | Domicile
                                                         Indonesia




Dasar Pengangkatan           Akta Pernyataan Keputusan Rapat No. 01 tanggal 2 Mei 2024
Legal Basis of               Minutes of the Board Meeting Resolution No. 01 dated May 2, 2024
Appointment
Gelar Pendidikan             Sarjana Akuntansi dari Universitas Sumatera Utara (1996)     Bachelor of Accounting from the University of North
Educational Degree                                                                        Sumatra (1996)
Sertifikasi Keahlian         • Sertifikasi Manajemen Risiko dari BSMR (2019)              • Risk Management Certification from BSMR (2019)
Certification of Expertise   • Sertifikasi Ahli Pembiayaan dari SPPI (2019)               • Financing Expert Certification from SPPI (2019)
                             • Sertifikasi Manajemen Risiko dari SPPI (2023)              • Risk Management Certification from SPPI (2023)
Perjalanan Karier            • Pekanbaru Branch Head di PT Federal International          • Pekanbaru Branch Head at PT Federal International
Career History                 Finance (1997–2004)                                          Finance (1997–2004)
                             • Surabaya Branch Head di PT Federal International           • Surabaya Branch Head at PT Federal International
                               Finance (2004–2005)                                          Finance (2004–2005)
                             • Human Resources Department Head di PT Federal              • Human Resources Department Head at PT Federal
                               International Finance (2005–2011)                            International Finance (2005–2011)
                             • Human Capital & General Services Division Head di PT       • Human Capital & General Services Division Head at PT
                               Federal International Finance (2011–2012)                    Federal International Finance (2011–2012)
                             • Chief of Human Capital di PT Federal International         • Chief of Human Capital at PT Federal International
                               Finance (2012–2016)                                          Finance (2012–2016)
                             • Chief of Operation Management di PT Federal                • Chief of Operation Management at PT Federal
                               International Finance (2017–2019)                            International Finance (2017–2019)
Rangkap Jabatan              Di Perseroan:                                                Within the Company:
Concurrent Positions         Anggota Komite Manajemen Risiko                              Member of the Risk Management Committee

                             Di Perusahaan Lain:                                          In Other Companies:
                             • Komisaris di PT Astra Multi Finance (2012–sekarang)        • Commissioner at PT Astra Multi Finance (2012–present)
                             • Komisaris di PT Sharia Multifinance Astra                  • Commissioner at PT Sharia Multifinance Astra
                                (2025–sekarang)                                              (2025–present)
Hubungan Afiliasi             Tidak memiliki hubungan afiliasi dengan Direksi lain, Dewan Komisaris dan pemegang saham.
Affiliated Relationship      No affiliation with other members of the Board of Directors, Board of Commissioners, or shareholders.
Kepemilikan Saham            Tidak memiliki saham Perseroan baik secara langsung maupun tidak langsung.
di Perseroan                 Does not own shares in the Company either directly or indirectly.
Share Ownership
in the Company




                                                                                         LAPORAN TAHUNAN | ANNUAL REPORT 2025
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   Performance Highlights             Management Report                  Company Profile




                                                      Sri Harjati
                                                      DIREKTUR | DIRECTOR



                                                      Usia | Age
                                                      56 tahun | 56 years old

                                                      Kewarganegaraan | Citizenship
                                                      Indonesia | Indonesian citizen

                                                      Domisili | Domicile
                                                      Indonesia




 Dasar Pengangkatan           Akta Pernyataan Keputusan Rapat No. 01 tanggal 2 Mei 2024
 Legal Basis of Appointment   Minutes of the Board Meeting Resolution No. 01 dated May 2, 2024
 Gelar Pendidikan             Sarjana Akuntansi dari Universitas Tarumanagara (1991)    Bachelor of Accounting from Tarumanagara University
 Educational Degree                                                                     (1991)
 Sertifikasi Keahlian         • Sertifikasi Ahli Pembiayaan dari SPPI (2017)            • Certification as a Financing Expert from SPPI (2017)
 Certification of Expertise   • Sertifikasi Manajemen Risiko dari SPPI (2023)           • Risk Management Certification from SPPI (2023)
 Perjalanan Karier            • Accounting & Tax Officer di PT Federal International    • Accounting & Tax Officer at PT Federal International
 Career History                 Finance (1992–2002)                                       Finance (1992– 2002)
                              • Accounting & Tax Department Head di PT Federal          • Head of Accounting & Tax Department at PT Federal
                                International Finance (2002–2010)                         International Finance (2002–2010)
                              • Corporate Accounting & Budget Division Head di PT       • Corporate Accounting & Budget Division Head at PT
                                Federal International Finance (2010–2014)                 Federal International Finance (2010–2014)
                              • Corporate Budget, Accounting & Tax Division Head di     • Corporate Budget, Accounting & Tax Division Head at
                                PT Federal International Finance (2014–2019)              PT Federal International Finance (2014–2019)
                              • Direktur di PT Astra Multi Finance (2017–2020)          • Director at PT Astra Multi Finance (2017–2020)
                              • Human Capital Division Head di PT Federal               • Human Capital Division Head at PT Federal
                                International Finance (2019–2020)                         International Finance (2019–2020)
 Rangkap Jabatan              Di Perseroan:                                             Within the Company:
 Concurrent Positions         Tidak merangkap jabatan di Perseroan                      No concurrent positions at the Company

                              Di Perusahaan Lain:                                       In Other Companies:
                              • Presiden Komisaris di PT Astra Multi Finance            • President Commissioner at PT Astra Multi Finance
                                 (2021–sekarang)                                           (2021–present)
                              • Anggota Komite Nominasi dan Remunerasi di PT Astra      • Member of the Nomination and Remuneration
                                 Multi Finance (2021–sekarang)                             Committee at PT Astra Multi Finance (2021–present)
 Hubungan Afiliasi             Tidak memiliki hubungan afiliasi dengan Direksi lain, Dewan Komisaris dan pemegang saham.
 Affiliated Relationship      No affiliation with other directors, the Board of Commissioners, or shareholders.
 Kepemilikan Saham            Tidak memiliki saham Perseroan baik secara langsung maupun tidak langsung.
 di Perseroan                 Does not own any shares in the Company, either directly or indirectly.
 Share Ownership
 in the Company




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                                      Business Support Review               Management Discussion and Analysis                Corporate Governance




                                                          Valentina Chai Wei Li
                                                          DIREKTUR | DIRECTOR



                                                          Usia | Age
                                                          44 tahun | 44 years old

                                                          Kewarganegaraan | Citizenship
                                                          Malaysia | Malaysian citizen

                                                          Domisili | Domicile
                                                          Indonesia




Dasar Pengangkatan           Akta Pernyataan Keputusan Rapat No. 01 tanggal 2 Mei 2024
Legal Basis of               Minutes of the Board Meeting No. 01 dated May 2, 2024
Appointment
Gelar Pendidikan             • Sarjana dari Fakultas Statistika, Program Studi Ilmu       • Bachelor’s degree from the Faculty of Statistics,
Educational Degree             Aktuaria, London School of Economics and Political           Actuarial Science Program, London School of
                               Science (2004)                                               Economics and Political Science (2004)
Sertifikasi Keahlian         •   ICAEW - Fellow Chartered Accountant (FCA) (2008)         •   ICAEW - Fellow Chartered Accountant (FCA) (2008)
Certification of Expertise   •   ICAEW - Business and Finance Professional (BFP) (2018)   •   ICAEW - Business and Finance Professional (BFP) (2018)
                             •   Sertifikasi Ahli Pembiayaan dari SPPI (2023)             •   Certification as a Financing Expert from SPPI (2023)
                             •   Sertifikasi Manajemen Risiko dari SPPI (2024)            •   Risk Management Certification from SPPI (2024)
Perjalanan Karier            • Associate Director, Chemicals, Global Banking and          • Associate Director, Chemicals, Global Banking and
Career History                 Market di HSBC, London (2007–2014)                           Markets at HSBC, London (2007–2014)
                             • Corporate Finance Manager di Jardine Cycle and             • Corporate Finance Manager at Jardine Cycle and
                               Carriage, Singapura (2014–2016)                              Carriage, Singapore (2014–2016)
                             • Head of Corporate Development Division di PT Astra         • Head of Corporate Development Division at PT Astra
                               International Tbk (2016–2019)                                International Tbk (2016–2019)
                             • Anggota Komite Investasi di PT Asuransi Astra Buana        • Member of the Investment Committee at PT Asuransi
                               (2019–2023)                                                  Astra Buana (2019–2023)
                             • Wakil Ketua dan Anggota Dewan di British Chambers of       • Vice Chair and Board Member at British Chambers of
                               Commerce (BritCham) Indonesia, Jakarta (2019–2025)           Commerce (BritCham) Indonesia, Jakarta (2019–2025)
                             • Anggota Komite Investasi di Dana Pensiun Astra Dua         • Member of the Investment Committee at Astra Dua
                               (2019–2023)                                                  Pension Fund (2019–2023)
                             • Anggota Komite Investasi di Dana Pensiun Astra Satu        • Member of the Investment Committee at Astra Satu
                               (2019–2023)                                                  Pension Fund (2019–2023)
                             • Chief of Group Treasury di PT Astra International Tbk      • Chief of Group Treasury at PT Astra International Tbk
                               (2019–2023)                                                  (2019–2023)
                             • Subject Matter Expert dalam Komite Investasi di PT         • Subject Matter Expert in the Investment Committee at
                               Asuransi Jiwa Astra (2020–2023)                              PT Asuransi Jiwa Astra (2020–2023)
Rangkap Jabatan              Di Perseroan:                                                Within the Company:
Concurrent Positions         Anggota Komite Manajemen Risiko                              Member of the Risk Management Committee

                             Di Perusahaan Lain:                                          In Other Companies:
                             Tidak merangkap jabatan di perusahaan lain.                  No concurrent positions in other companies.
Hubungan Afiliasi             Tidak memiliki hubungan afiliasi dengan Direksi lain, Dewan Komisaris dan pemegang saham.
Affiliated Relationship      No affiliation with other Directors, Board of Commissioners, and shareholders.
Kepemilikan Saham            Tidak memiliki saham Perseroan baik secara langsung maupun tidak langsung.
di Perseroan                 Does not own any shares in the Company, either directly or indirectly.
Share Ownership
in the Company




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   Ikhtisar Kinerja                       Laporan Manajemen                  Profil Perusahaan
   Performance Highlights                 Management Report                  Company Profile




                                                          Daniel Hartono
                                                          DIREKTUR | DIRECTOR



                                                          Usia | Age
                                                          40 tahun | 40 years old

                                                          Kewarganegaraan | Citizenship
                                                          Indonesia | Indonesian citizen

                                                          Domisili | Domicile
                                                          Indonesia




 Dasar Pengangkatan           Akta Pernyataan Keputusan Rapat No. 01 tanggal 2 Mei 2024
 Legal Basis of               Minutes of the Board Meeting Resolution No. 01 dated May 2, 2024
 Appointment
 Gelar Pendidikan             Sarjana Manajemen dari Universitas Bina Nusantara (2007)     Bachelor of Management from Bina Nusantara University
 Educational Degree                                                                        (2007)
 Sertifikasi Keahlian         Sertifikasi Ahli Pembiayaan dari SPPI (2023)                 Certification as a Financing Expert from SPPI (2023)
 Certification of Expertise
 Perjalanan Karier            • Electronic Financing Officer di PT Federal International   • Electronic Financing Officer at PT Federal International
 Career History                 Finance (2007–2010)                                          Finance (2007–2010)
                              • NMC Financing Marketing Area 2 Officer di PT Federal       • NMC Financing Marketing Area 2 Officer at PT Federal
                                International Finance (2010–2011)                            International Finance (2010–2011)
                              • Marketing Intelligence and PPDCA Sub Dept. Head di         • Marketing Intelligence and PPDCA Sub Dept. Head at
                                PT Federal International Finance (2011–2014)                 PT Federal International Finance (2011–2014)
                              • Marketing Intelligence & PPDCA Department Head di          • Marketing Intelligence & PPDCA Department Head at
                                PT Federal International Finance (2014–2017)                 PT Federal International Finance (2014–2017)
                              • NMC Financing Marketing Region II Deputy Division          • NMC Financing Marketing Region II Deputy Division
                                Head di PT Federal International Finance (2017–2018)         Head at PT Federal International Finance (2017–2018)
                              • Marketing Director di PT Astra WeLab Digital Arta          • Marketing Director at PT Astra WeLab Digital Arta
                                (2018–2021)                                                  (2018–2021)
                              • Division Head Business Development & Digital               • Division Head of Business Development & Digital
                                Branding di PT Sedaya Multi Investama (2021–2022)            Branding at PT Sedaya Multi Investama (2021–2022)
                              • Presiden Direktur di PT Astra Kreasi Digital (2021–2023)   • President Director at PT Astra Kreasi Digital
                                                                                             (2021–2023)
 Rangkap Jabatan              Tidak merangkap jabatan di Perseroan dan perusahaan lain.
 Concurrent Positions         No concurrent positions in the Company or other companies.
 Hubungan Afiliasi             Tidak memiliki hubungan afiliasi dengan Direksi lain, Dewan Komisaris dan pemegang saham.
 Affiliated Relationship      No affiliation with other Directors, Board of Commissioners, and shareholders.
 Kepemilikan Saham            Tidak memiliki saham Perseroan baik secara langsung maupun tidak langsung.
 di Perseroan                 Does not own shares in the Company either directly or indirectly.
 Share Ownership
 in the Company




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                                     Business Support Review                Management Discussion and Analysis                 Corporate Governance




Informasi Perubahan Komposisi
Dewan Komisaris Tahun 2025
Information Changes in the Composition of
the Board of Commissioners in 2025

Pada tahun 2025, komposisi Dewan Komisaris Perseroan                          In 2025, the composition of the Company’s Board of
mengalami perubahan sebagaimana telah ditetapkan melalui                      Commissioners underwent changes as determined by the
hasil keputusan Rapat Umum Pemegang Saham Tahunan                             results of the Annual General Meeting of Shareholders (AGMS)
(RUPST) yang diselenggarakan pada tanggal 21 April 2025.                      held on April 21, 2025.

Informasi detail mengenai perubahan ini dapat dilihat pada                    Detailed information regarding these changes is presented in
tabel berikut:                                                                the following table:


 Komposisi Dewan Komisaris 1 Januari 2025 – 21 April 2025
 Board of Commissioners Composition January 1, 2025 – April 21, 20, 2025


                      Nama                                         Jabatan                                   Dasar Pengangkatan
                      Name                                         Position                                  Basis of Appointment

 Suparno Djasmin                                     Presiden Komisaris                     Akta Pernyataan Keputusan Para Pemegang Saham
                                                     President Commissioner                 No. 01 tanggal 2 Mei 2024
                                                                                            Shareholders' Resolution Statement No. 01 dated
 R. Nunu Soetjahja Noegroho                          Komisaris Independen                   May 2, 2024
                                                     Independent Commissioner

 Thomas Junaidi Alim Wijaya                          Komisaris
                                                     Commissioner

 Gede Harja Wasistha                                 Komisaris Independen
                                                     Independent Commissioner



 Komposisi Dewan Komisaris 21 April 2025 - 31 Desember 2025
 Composition of the Board of Commissioners April 21, 2025 - December 31, 2025



                      Nama                                         Jabatan                                   Dasar Pengangkatan
                      Name                                         Position                                  Basis of Appointment

 Rudy*                                               Presiden Komisaris                     Akta Pernyataan Keputusan Rapat No. 12 tanggal 9
                                                     President Commissioner                 Mei 2025
                                                                                            Minutes of the Board Meeting No. 12 dated May 9,
 R.Nunu Soetjahja Noegroho                           Komisaris Independen                   2025
                                                     Independent Commissioner

 Thomas Junaidi Alim Wijaya                          Komisaris
                                                     Commissioner

 Margono Tanuwijaya*                                 Komisaris Independen
                                                     Independent Commissioner


* Pengangkatan beliau berlaku efektif setelah dinyatakan lulus uji penilaian kemampuan dan kepatutan dari Otoritas Jasa Keuangan.
* His appointment took effect after he passes the fit and proper test conducted by the Financial Services Authority.




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   Performance Highlights                 Management Report                   Company Profile




Profil Dewan Komisaris
Board of Commissioners Profile




                                                          Rudy*
                                                          PRESIDEN KOMISARIS | PRESIDENT COMMISSIONER



                                                          Usia | Age
                                                          55 tahun | 55 years old

                                                          Kewarganegaraan | Citizenship
                                                          Indonesia | Indonesian citizen

                                                          Domisili | Domicile
                                                          Indonesia




 Dasar Pengangkatan         Akta Pernyataan Keputusan Rapat No. 12 tanggal 9 Mei 2025
 Legal Basis of             Minutes of Meeting Resolution No. 12 dated May 9, 2025
 Appointment
 Gelar Pendidikan           • Sarjana Ekonomi ( jurusan Akuntansi), dari Universitas       • Bachelor of Economics (Accounting major) from Trisakti
 Educational Degree           Trisakti (1994)                                                University (1994)
                            • Master of Applied Finance (Jurusan Keuangan) dari            • Master of Applied Finance (Finance major) from the
                              University of Melbourne (1999)                                 University of Melbourne (1999)
 Sertifikasi Keahlian       • Sertifikasi Dasar Pembiayaan dari SPPI (2023)                • Basic Financing Certification from SPPI (2023)
 Certification of           • Profesional Tata Kelola Risiko Berkualifikasi dari LSP       • Qualified Risk Governance Professional from LSP MKS
 Expertise                    MKS (2023)                                                     (2023)
 Perjalanan Karier          • Investor Relations Officer di PT Charoen Pokphand            • Investor Relations Officer at PT Charoen Pokphand
 Career History               Indonesia Tbk (1993–1995)                                      Indonesia Tbk (1993–1995)
                            • Senior Financial Analyst di PT Inti Salim Corporation        • Senior Financial Analyst at PT Inti Salim Corporation
                              (1995–1997)                                                    (1995–1997)
                            • Investment Banking Manager di PT Trimegah Sekuritas          • Investment Banking Manager at PT Trimegah Sekuritas
                              (2000)                                                         (2000)
                            • Chief Corporate Planning & Strategy di PT Astra              • Chief Corporate Planning & Strategy at PT Astra
                              International Tbk (2000–2009)                                  International Tbk (2000–2009)
                            • Chief Financial Officer di PT Asuransi Astra Buana           • Chief Financial Officer at PT Asuransi Astra Buana
                              (2009–2010)                                                    (2009–2010)
                            • Finance Director di PT Asuransi Astra Buana (2010–2013)      • Finance Director at PT Asuransi Astra Buana (2010–2013)
                            • Finance Director & Independent Director di PT Astra          • Finance Director & Independent Director at PT Astra
                              Agro Lestari Tbk (2013–2017)                                   Agro Lestari Tbk (2013–2017)
                            • Komisaris di PT Agro Menara Rachmat (2013–2017)              • Commissioner at PT Agro Menara Rachmat (2013–2017)
                            • Komisaris di PT Bhadra Cemerlang (2013–2017)                 • Commissioner at PT Bhadra Cemerlang (2013–2017)
                            • Komisaris di PT Bhadra Sukses (2013–2017)                    • Commissioner at PT Bhadra Sukses (2013–2017)
                            • Komisaris di PT Cakradenta Agung Pertiwi (2013–2017)         • Commissioner at PT Cakradenta Agung Pertiwi
                                                                                             (2013–2017)
                            • Komisaris di PT Cakung Permata Nusa (2013–2017)              • Commissioner at PT Cakung Permata Nusa (2013–2017)
                            • Komisaris di PT Cipta Narada Lestari (2013–2017)             • Commissioner at PT Cipta Narada Lestari (2013–2017)
                            • Komisaris di PT Ekadura Indonesia (2013–2017)                • Commissioner at PT Ekadura Indonesia (2013–2017)
                            • Komisaris di PT Eka Dura Perdana (2013–2017)                 • Commissioner at PT Eka Dura Perdana (2013–2017)
                            • Komisaris di PT Gunung Sejahtera Dua Indah                   • Commissioner at PT Gunung Sejahtera Dua Indah
                              (2013–2017)                                                    (2013–2017)
                            • Komisaris di PT Gunung Sejahtera Ibu Pertiwi                 • Commissioner at PT Gunung Sejahtera Ibu Pertiwi
                              (2013–2017)                                                    (2013–2017)




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       Tinjauan Pendukung Bisnis              Analisa dan Pembahasan Manajemen                Tata Kelola Perusahaan
          Business Support Review              Management Discussion and Analysis              Corporate Governance




• Komisaris di PT Gunung Sejahtera Puti Pesona              • Commissioner at PT Gunung Sejahtera Puti Pesona
  (2013–2017)                                                 (2013–2017)
• Komisaris di PT Gunung Sejahtera Raman Permai             • Commissioner at PT Gunung Sejahtera Raman Permai
  (2013–2017)                                                 (2013–2017)
• Komisaris di PT Gunung Sejahtera Yoli Makmur              • Commissioner at PT Gunung Sejahtera Yoli Makmur
  (2013–2017)                                                 (2013–2017)
• Komisaris di PT Karya Tanah Subur (2013–2017)             • Commissioner at PT Karya Tanah Subur (2013–2017)
• Komisaris di PT Kimia Tirta Utama (2013–2017)             • Commissioner at PT Kimia Tirta Utama (2013–2017)
• Komisaris di PT Lestari Tani Teladan (2013–2017)          • Commissioner at PT Lestari Tani Teladan (2013–2017)
• Komisaris di PT Letawa (2013–2017)                        • Commissioner at PT Letawa (2013–2017)
• Komisaris di PT Mamuang (2013–2017)                       • Commissioner at PT Mamuang (2013–2017)
• Komisaris di PT Nirmala Agro Lestari (2013–2017)          • Commissioner at PT Nirmala Agro Lestari (2013–2017)
• Komisaris di PT Pandji Waringin (2013–2017)               • Commissioner at PT Pandji Waringin (2013–2017)
• Komisaris di PT Pasang Kayu (2013–2017)                   • Commissioner at PT Pasang Kayu (2013–2017)
• Komisaris di PT Perkebunan Lembah Bhakti (2013–2017)      • Commissioner at PT Perkebunan Lembah Bhakti
                                                              (2013–2017)
• Komisaris di PT Persadabina Nusantaraabadi                • Commissioner at PT Persadabina Nusantaraabadi
  (2013–2017)                                                 (2013–2017)
• Komisaris di PT Sari Aditya Loka (2013–2017)              • Commissioner at PT Sari Aditya Loka (2013–2017)
• Komisaris di PT Sari Lembah Subur (2013–2017)             • Commissioner at PT Sari Lembah Subur (2013–2017)
• Komisaris di PT Sawit Asahan Indah (2013–2017)
• Komisaris di PT Sukses Tani Nusasubur (2013–2017)
• Komisaris di PT Suryaindah Nusantarapagi (2013–2017)      • Commissioner at PT Suryaraya Lestari (2013–2017)
• Komisaris di PT Suryaraya Lestari (2013–2017)
• Komisaris di PT Tunggal Perkasa Plantations (2013–2017)   • Commissioner at PT Tunggal Perkasa Plantations
                                                              (2013–2017)
•   Komisaris di PT Waru Kaltim Plantation (2013–2017)      • Commissioner at PT Waru Kaltim Plantation (2013–2017)
•   Komisaris di PT Borneo Indah Marjaya (2013–2017)        • Commissioner at PT Borneo Indah Marjaya (2013–2017)
•   Komisaris di PT Karyanusa Ekadaya (2013–2017)           • Commissioner at PT Karyanusa Ekadaya (2013–2017)
•   Komisaris di PT Sumber Kharisma Persada (2013–2017)     • Commissioner at PT Sumber Kharisma Persada
                                                              (2013–2017)
• Komisaris di PT Subur Abadi Plantations (2013–2017)       • Commissioner at PT Subur Abadi Plantations
                                                              (2013–2017)
• Komisaris di PT Rimbunan Alam Sentosa (2013–2017)         • Commissioner at PT Rimbunan Alam Sentosa
                                                              (2013–2017)
• Komisaris di PT Sawit Jaya Abadi (2013–2017)              • Commissioner at PT Sawit Jaya Abadi (2013–2017)
• Komisaris di PT Agro Nusa Abadi (2013–2017)               • Commissioner at PT Agro Nusa Abadi (2013–2017)
• Komisaris di PT Cipta Agro Nusantara (2013–2017)          • Commissioner at PT Cipta Agro Nusantara (2013–2017)
• Komisaris di PT Subur Agro Makmur (2013–2017)             • Commissioner at PT Subur Agro Makmur (2013–2017)
• Komisaris di PT Tri Buana Mas (2013–2017)                 • Commissioner at PT Tri Buana Mas (2013–2017)
• Komisaris di PT Tanjung Sarana Lestari (2013–2017)        • Commissioner at PT Tanjung Sarana Lestari (2013–2017)
• Komisaris di PT Palma Plantasindo (2013–2017)             • Commissioner at PT Palma Plantasindo (2013–2017)
• Komisaris di PT Kreasijaya Adhikarya (2013–2017)          • Commissioner at PT Kreasijaya Adhikarya (2013–2017)
• Komisaris di PT Tanjung Bina Lestari (2013–2017)          • Commissioner at PT Tanjung Bina Lestari (2013–2017)
• Presiden Direktur di PT Asuransi Astra Buana              • President Director at PT Asuransi Astra Buana
  (2017–2023)                                                 (2017–2023)
• Presiden Komisaris di PT Sedaya Pratama (2023–2025)       • President Commissioner at PT Sedaya Pratama
                                                              (2023–2025)
• Wakil Presiden Direktur di PT Sedaya Multi Investama      • Vice President Director at PT Sedaya Multi Investama
  (2023–2025)                                                 (2023–2025)
• Presiden Komisaris di PT Garda Era Sedaya                 • President Commissioner at PT Garda Era Sedaya
  (2023–2025)                                                 (2023–2025)
• Direktur di PT Astra International Tbk (2024–2025)        • Director at PT Astra International Tbk (2024–2025)




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   Ikhtisar Kinerja                      Laporan Manajemen                  Profil Perusahaan
   Performance Highlights                Management Report                  Company Profile




 Rangkap Jabatan            Di Perseroan:                                                Within the Company:
 Concurrent Positions       Anggota Komite Nominasi dan Remunerasi                       Member of the Nomination and Remuneration Committee

                            Di Perusahaan Lain:                                          In Other Companies:
                            • Presiden Komisaris di PT Sedaya Pratama                    • President Commissioner at PT Sedaya Pratama
                               (2023–sekarang)                                              (2023–present)
                            • Presiden Komisaris di PT Astra Sedaya Finance              • President Commissioner at PT Astra Sedaya Finance
                               (2023–sekarang)                                              (2023–present)
                            • Komisaris di PT Asuransi Astra Buana (2023–sekarang)       • Commissioner at PT Asuransi Astra Buana
                                                                                            (2023–present)
                            • Wakil Presiden Komisaris di PT Toyota Astra Financial      • Vice President Commissioner at PT Toyota Astra
                              Services (2023–sekarang)                                      Financial Services (2023–present)
                            • Komisaris di PT Menara Astra (2024–sekarang)               • Commissioner at PT Menara Astra (2024–present)
                            • Wakil Presiden Komisaris di PT United Tractors Tbk         • Vice President Commissioner at PT United Tractors Tbk
                              (2024–sekarang)                                               (2024–present)
                            • Ketua Dewan Pengawas di Dana Pensiun Astra Satu            • Chairman of the Supervisory Board at Astra Satu Pension
                              (2024–sekarang)                                               Fund (2024–present)
                            • Ketua Dewan Pengawas di Dana Pensiun Astra Dua             • Chairman of the Supervisory Board at Astra Dua Pension
                              (2024–sekarang)                                               Fund (2024–present)
                            • Komisaris di PT Astra Daihatsu Motor (2024–sekarang)       • Commissioner at PT Astra Daihatsu Motor
                                                                                            (2024–present)
                            • Komisaris di PT Toyota Astra Motor (2025–sekarang)         • Commissioner at PT Toyota Astra Motor (2025–present)
                            • Presiden Komisaris di PT Sedaya Multi Investama            • President Commissioner at PT Sedaya Multi Investama
                              (2025–sekarang)                                               (2025–present)
                            • Komisaris di PT Astra Tol Nusantara (2025–sekarang)        • Commissioner at PT Astra Tol Nusantara (2025–present)
                            • Komisaris di PT Astra Nusa Perdana (2025–sekarang)         • Commissioner at PT Astra Nusa Perdana (2025–present)
                            • Wakil Presiden Direktur di PT Astra International Tbk      • Vice President Director at PT Astra International Tbk
                              (2025–sekarang)                                               (2025–present)
                            • Komisaris di PT Pamapersada Nusantara                      • Commissioner at PT Pamapersada Nusantara
                              (2025–sekarang)                                               (2025–present)
 Hubungan Afiliasi           Tidak memiliki hubungan afiliasi dengan Dewan Komisaris lain, Direksi, dan pemegang saham.
 Affiliated Relationship    No affiliation with other Board of Commissioners, Directors, and shareholders.
 Kepemilikan Saham          Tidak memiliki saham Perseroan baik secara langsung maupun tidak langsung.
 di Perseroan               Does not own shares in the Company either directly or indirectly..
 Share Ownership
 in the Company


* Pengangkatan beliau berlaku efektif setelah dinyatakan lulus uji penilaian kemampuan dan kepatutan dari Otoritas Jasa Keuangan.
* His appointment took effect after he passes the fit and proper test conducted by the Financial Services Authority.




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                               Tinjauan Pendukung Bisnis                Analisa dan Pembahasan Manajemen                  Tata Kelola Perusahaan
                                  Business Support Review                Management Discussion and Analysis                Corporate Governance




                                                      R. Nunu Soetjahja Noegroho
                                                      KOMISARIS INDEPENDEN | INDEPENDENT COMMISSIONER



                                                      Usia | Age
                                                      63 tahun | 63 years old

                                                      Kewarganegaraan | Citizenship
                                                      Indonesia | Indonesian citizen

                                                      Domisili | Domicile
                                                      Indonesia




Dasar Pengangkatan           Periode Pertama:                                             First Term:
Legal Basis of Appointment   Akta Pernyataan Keputusan Rapat No. 01 tanggal 2 Mei         Minutes of the Board Meeting Resolution No. 01 dated
                             2024                                                         May 9, 2024
Gelar Pendidikan             Sarjana Psikologi dari Universitas Indonesia (1987)
Educational Degree           Bachelor of Psychology from the University of Indonesia (1987)
Sertifikasi Keahlian         Sertifikasi Dasar Komisaris dari SPPI (2018)
Certification of Expertise   Basic Commissioner Certification from SPPI (2018)
Perjalanan Karier            • HRD Staff di PT Astra International Tbk (1987–1990)        • HRD Staff at PT Astra International Tbk (1987–1990)
Career History               • HRD Staff di PT Astra Sedaya Finance (1990–1991)           • HRD Staff at PT Astra Sedaya Finance (1990–1991)
                             • Department Head HRD di PT Astra Sedaya Finance             • Department Head of HRD at PT Astra Sedaya Finance
                               (1991–1993)                                                  (1991–1993)
                             • Department Head Marketing di PT Astra Sedaya               • Head of Marketing Department at PT Astra Sedaya
                               Finance (1993–1995)                                          Finance (1993-1995)
                             • Team Leader BPR Project di PT Astra Sedaya Finance         • Team Leader of BPR Project at PT Astra Sedaya
                               (1994–1995)                                                  Finance (1994–1995)
                             • Department Head Corporate Internal Audit Quality           • Head of Corporate Internal Audit Quality &
                               & Standardization di PT Astra Sedaya Finance                 Standardization at PT Astra Sedaya Finance
                               (1995–1997)                                                  (1995–1997)
                             • Department Head Corporate Organization &                   • Head of Corporate Organization & Business
                               Business Development di PT Astra Sedaya Finance              Development at PT Astra Sedaya Finance
                               (1998–2000)                                                  (1998–2000)
                             • Division Head E-Commerce di PT Astra Sedaya                • Division Head of E-Commerce at PT Astra Sedaya
                               Finance (2001–2022)                                          Finance (2001–2022)
                             • Division Head CRM di PT Astra Sedaya Finance               • Division Head of CRM at PT Astra Sedaya Finance
                               (2002–2004)                                                  (2002–2004)
                             • Division Head National Service (Operation) di PT Astra     • Division Head of National Service (Operation) at PT
                               Sedaya Finance (2004–2005)                                   Astra Sedaya Finance (2004–2005)
                             • Division Head General Affairs di PT Astra Sedaya           • Division Head of General Affairs at PT Astra Sedaya
                               Finance (2005–2007)                                          Finance (2005–2007)
                             • Division Head Corporate Audit and Compliance di PT         • Division Head of Corporate Audit and Compliance at
                               Astra Sedaya Finance (2005–2007)                             PT Astra Sedaya Finance (2005–2007)
                             • Division Head National Operation di PT Astra Sedaya        • Division Head of National Operations at PT Astra
                               Finance (2007–2008)                                          Sedaya Finance (2007–2008)




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   Ikhtisar Kinerja                  Laporan Manajemen                  Profil Perusahaan
   Performance Highlights            Management Report                  Company Profile




                            • Presiden Direktur di PT Staco Estika Sedaya Finance      • President Director at PT Staco Estika Sedaya Finance
                              (2007–2012)                                                (2007–2012)
                            • Division Head Human Resources di PT Astra Sedaya         • Division Head of Human Resources at PT Astra
                              Finance (2008–2012)                                        Sedaya Finance (2008–2012)
                            • Chairman Anti Fraud Committee di PT Astra Sedaya         • Chairman of the Anti-Fraud Committee at PT Astra
                              Finance (2008–2012)                                        Sedaya Finance (2008–2012)
                            • Presiden Direktur di PT Stacomitra Graha (2008–2012)     • President Director at PT Stacomitra Graha
                            • Direktur di PT Matra Graha Sarana (2013–2014)              (2008–2012)
                            • Presiden Direktur di PT Matra Graha Sarana               • Director at PT Matra Graha Sarana (2013–2014)
                              (2014–2016)                                              • President Director at PT Matra Graha Sarana
                            • Direktur di PT Federal International Finance               (2014–2016)
                              (2012–2020)                                              • Director at PT Federal International Finance
                            • Komisaris di PT Sharia Multifinance Astra (2016–2021)      (2012–2020)
                            • Ketua Komite Audit di PT Federal International Finance   • Commissioner at PT Sharia Multifinance Astra
                              (2021–2024)                                                (2016–2021)
                                                                                       • Chairman of the Audit Committee at PT Federal
                                                                                         International Finance (2021–2024)
 Rangkap Jabatan            Di Perseroan:                                              Within the Company:
 Concurrent Positions       • Ketua Komite Pemantau Risiko                             • Chairman of the Risk Monitoring Committee
                            • Ketua Komite Nominasi dan Remunerasi                     • Chairman of the Nomination and Remuneration
                                                                                          Committee
                            Di Perusahaan lain:
                            • Anggota Komite Pemantau Risiko di PT Toyota Astra        In other companies:
                               Financial Services (2024–sekarang)                      • Member of the Risk Monitoring Committee at PT
                            • Anggota Komite Audit di PT Toyota Astra Financial           Toyota Astra Financial Services (2024–present)
                               Services (2024–sekarang)                                • Member of the Audit Committee at PT Toyota Astra
                                                                                          Financial Services (2024–present)
 Hubungan Afiliasi           Tidak memiliki hubungan afiliasi dengan Dewan Komisaris lain, Direksi, dan pemegang saham.
 Affiliated Relationship    No affiliation with other members of the Board of Commissioners, the Board of Directors, or shareholders.
 Kepemilikan Saham          Tidak memiliki saham Perseroan baik secara langsung maupun tidak langsung.
 di Perseroan               Does not own shares in the Company either directly or indirectly.
 Share Ownership
 in the Company




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                                                          Margono Tanuwijaya*
                                                          KOMISARIS INDEPENDEN | INDEPENDENT COMMISSIONER



                                                          Usia | Age
                                                          61 tahun | 61 years old

                                                          Kewarganegaraan | Citizenship
                                                          Indonesia | Indonesian citizen

                                                          Domisili | Domicile
                                                          Indonesia




 Dasar Pengangkatan           Periode Pertama:                                               First Term:
 Legal Basis of               Akta Pernyataan Keputusan Rapat No. 12 tanggal 9 Mei           Minutes of the Board Meeting Resolution No. 12 dated May
 Appointment                  2025                                                           9, 2025
 Gelar Pendidikan             Sarjana Biologi dari Universitas Jenderal Sudirman (1990)
 Educational Degree           Bachelor of Biology from Jenderal Sudirman University (1990)
 Sertifikasi Keahlian         Sertifikasi Dasar Pembiayaan SPPI (2017)
 Certification of Expertise   SPPI Basic Financing Certification (2017)
 Perjalanan Karier            • Kepala Cabang, National Marketing Head, Kepala               • Branch Manager, National Marketing Head, Regional
 Career History                 Wilayah, dan Marketing General Manager PT Astra                Head, and Marketing General Manager of PT Astra
                                Sedaya Finance (1991–2006)                                     Sedaya Finance (1991–2006)
                              • Marketing Director PT Astra Sedaya Finance (2006–            • Marketing Director of PT Astra Sedaya Finance
                                2008)                                                          (2006–2008)
                              • Marketing Director PT Federal International Finance          • Marketing Director of PT Federal International Finance
                                (2008–2010)                                                    (2008–2010)
                              • Chief Executive PT Astra International Tbk - HSO             • Chief Executive of PT Astra International Tbk - HSO
                                (2010–2012)                                                    (2010–2012)
                              • Marketing Director PT Astra Multi Finance (2012–2017)        • Marketing Director of PT Astra Multi Finance (2012–
                                                                                               2017)
                              • Presiden Komisaris PT Matra Graha Sarana (2017–2019)         • President Commissioner of PT Matra Graha Sarana
                                                                                               (2017–2019)
                              • Presiden Komisaris PT Astra Multi Finance (2017–2021)        • President Commissioner of PT Astra Multi Finance
                                                                                               (2017–2021)
                              • Presiden Direktur PT Federal International Finance           • President Director of PT Federal International Finance
                                (2017–2024)                                                    (2017–2024)
                              • Presiden Komisaris PT Astra Welab Digital Arta               • President Commissioner of PT Astra Welab Digital Arta
                                (2018–2024)                                                    (2018–2024)
                              • Komisaris PT Matra Graha Sarana (2019–2024)                  • Commissioner of PT Matra Graha Sarana (2019–2024)
                              • Presiden Komisaris PT Astra Digital Arta (2020–2024)         • President Commissioner of PT Astra Digital Arta
                                                                                               (2020–2024)
                              • Presiden Komisaris PT Astra Kreasi Digital (2021–2024)       • President Commissioner of PT Astra Kreasi Digital
                                                                                               (2021–2024)
 Rangkap Jabatan              Di Perseroan:                                                  Within the Company:
 Concurrent Positions         Ketua/Anggota Komite Audit                                     Chairperson/Member of the Audit Committee

                              Di Perusahaan Lain:                                            In Other Companies:
                              Tidak ada                                                      None
 Hubungan Afiliasi             Tidak memiliki hubungan afiliasi dengan Dewan Komisaris lain, Direksi, dan pemegang saham.
 Affiliated Relationship      No affiliation with other Boards of Commissioners, Boards of Directors, or shareholders.
 Kepemilikan Saham di         Tidak memiliki saham Perseroan baik secara langsung maupun tidak langsung.
 Perseroan                    Does not own any shares in the Company, either directly or indirectly.
 Share Ownership in the
 Company


* Pengangkatan beliau berlaku efektif setelah dinyatakan lulus uji penilaian kemampuan dan kepatutan dari Otoritas Jasa Keuangan.
* His appointment is effective after passing the Fit and Proper test from the Financial Services Authority.



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   Performance Highlights                 Management Report                    Company Profile




                                                          Thomas Junaidi Alim Wijaya
                                                          KOMISARIS | COMMISSIONER



                                                          Usia | Age
                                                          46 tahun | 46 years old

                                                          Kewarganegaraan | Citizenship
                                                          Indonesia | Indonesian citizen

                                                          Domisili | Domicile
                                                          Indonesia




 Dasar Pengangkatan           Akta Pernyataan Keputusan Rapat No. 01 tanggal 2 Mei 2024
 Legal Basis of               Minutes of the Board Meeting Resolution No. 01 dated May 2, 2024
 Appointment
 Gelar Pendidikan             • Sarjana Teknik Industri dari Universitas Trisakti (2002)     • Bachelor of Industrial Engineering from Trisakti
 Educational Degree           • Magister Administrasi Bisnis dari NTU Berkeley –               University (2002)
                                Wharton University (2016)                                    • Master of Business Administration from NTU Berkeley –
                                                                                               Wharton University (2016)
 Sertifikasi Keahlian         Sertifikasi Dasar Komisaris dari SPPI (2024)
 Certification of Expertise   Basic Commissioner Certification from SPPI (2024)
 Perjalanan Karier            • Sales & Logistic Department Head di PT Astra Honda           • Head of Sales & Logistics Department at PT Astra
 Career History                 Motor (2007–2009)                                              Honda Motor (2007–2009)
                              • Sales Region Department Head di PT Astra Honda               • Sales Region Department Head at PT Astra Honda
                                Motor (2009–2012)                                              Motor (2009–2012)
                              • Deputy Sales Division Head di PT Astra Honda Motor           • Deputy Sales Division Head at PT Astra Honda Motor
                                (2012–2014)                                                    (2012–2014)
                              • Sales Division Head di PT Astra Honda Motor                  • Sales Division Head at PT Astra Honda Motor
                                (2014–2017)                                                    (2014–2017)
                              • Marketing Director di PT Astra Honda Motor                   • Marketing Director at PT Astra Honda Motor
                                (2017–2023)                                                    (2017–2023)
                              • Komisaris PT Astra Auto Digital (2024-2025)                  • Commissioner of PT Astra Auto Digital (2024-2025)
                              • Komisaris PT Astra Integrasi Digital (2024-2025)             • Commissioner of PT Astra Integrasi Digital (2024-2025)
 Rangkap Jabatan              Di Perseroan:                                                  Within the Company:
 Concurrent Positions         Tidak merangkap jabatan di Perseroan                           No concurrent positions within the Company

                              Di Perusahaan Lain:                                            In Other Companies:
                              • Komisaris di PT Astra Digital Arta (2020–sekarang)           • Commissioner at PT Astra Digital Arta (2020–present)
                              • Komisaris di PT Musashi Auto Parts Indonesia                 • Commissioner at PT Musashi Auto Parts Indonesia
                                 (2023–sekarang)                                                (2023–present)
                              • Komisaris di PT Hitachi Astemo Bekasi Manufacturing          • Commissioner at PT Hitachi Astemo Bekasi
                                 (2023–sekarang)                                                Manufacturing (2023–present)
                              • Presiden Komisaris di PT Suryaraya Rubberindo                • President Commissioner at PT Suryaraya Rubberindo
                                 Industries (2023–sekarang)                                     Industries (2023–present)
                              • Executive Vice President Director di PT Astra Honda          • Executive Vice President Director at PT Astra Honda
                                 Motor (2023–sekarang)                                          Motor (2023–present)
                              • Komisaris di PT Astra Otoparts Tbk (2024–sekarang)           • Commissioner at PT Astra Otoparts Tbk (2024–present)
                              • Direktur di PT Astra International Tbk (2024–sekarang)       • Director at PT Astra International Tbk (2024–present)
                              • Presiden Komisaris PT Astra Integrasi Digital                • President Commissioner of PT Astra Integrasi Digital
                                 (2025-sekarang)                                                (2025-present)
                              • Presiden Komisaris PT Asuransi Astra (2025-sekarang)         • President Commissioner of PT Asuransi Astra
                                                                                                (2025-present)
 Hubungan Afiliasi             Tidak memiliki hubungan afiliasi dengan Dewan Komisaris lain, Direksi, dan pemegang saham.
 Affiliated Relationship      No affiliation with other Board of Commissioners, Directors, and shareholders.
 Kepemilikan Saham            Tidak memiliki saham Perseroan baik secara langsung maupun tidak langsung.
 di Perseroan                 Does not own any shares in the Company, either directly or indirectly.
 Share Ownership
 in the Company



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Pernyataan Independensi Komisaris Independen
Statement of Independence of Independent Commissioners

Perseroan memastikan seluruh Komisaris Independen yang             The Company ensures that all Independent Commissioners
menjabat saat ini telah memenuhi persyaratan dan kriteria          currently in office meet the independence requirements and
independensi sebagaimana diatur oleh OJK, serta tidak terdapat     criteria as stipulated by the OJK, and that no Independent
Komisaris Independen yang menjabat lebih dari dua periode.         Commissioner has served for more than two terms. As of
Per 31 Desember 2025, Bapak R. Nunu Soetjahja Noegroho             December 31, 2025, Mr. R. Nunu Soetjahja Noegroho will enter
memasuki periode jabatan kedua, sementara Bapak Margono            his second term, while Mr. Margono Tanuwijaya is still serving
Tanuwijaya masih menjalani periode pertamanya.                     his first term.

Seluruh Komisaris Independen Perseroan, yaitu Bapak R. Nunu        All of the Company’s Independent Commissioners, namely
Soetjahja Noegroho dan Bapak Margono Tanuwijaya, telah             Mr. R. Nunu Soetjahja Noegroho and Mr. Margono Tanuwijaya,
menyampaikan pernyataan resmi yang menegaskan bahwa                have submitted official statements confirming that they have no
tidak memiliki hubungan afiliasi dengan Direksi, Dewan             affiliation with the Board of Directors, Board of Commissioners,
Komisaris, Dewan Pengawas Syariah, maupun pemegang                 Sharia Supervisory Board, or shareholders of the Company,
saham Perseroan, serta tidak pernah menduduki jabatan              and have never held positions in the Company or affiliated
pada Perseroan atau entitas afiliasi yang bertentangan dengan      entities that are contrary to applicable laws and regulations.
ketentuan perundang-undangan yang berlaku.




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Demografi Karyawan
Employee Demography




Per 31 Desember 2025, total karyawan FIFGROUP tercatat         As of December 31, 2025, FIFGROUP had a total of 14,411
sebanyak 14.411 orang, mengalami peningkatan/penurunan         employees, an increase/decrease compared to the number
dibandingkan dengan jumlah karyawan di akhir 2024 yang         of employees at the end of 2024, which was 14,134. This change
berjumlah 14.134 orang. Perubahan jumlah tersebut merupakan    in number is part of adjustments to the Company’s needs and
bagian dari penyesuaian terhadap kebutuhan dan struktur        organizational structure.
organisasi Perseroan.


 Jumlah Karyawan Berdasarkan Gender
 Number of Employees by Gender


                                                                                     Jumlah Karyawan
                                                                                    Number of Employees

                            Keterangan                                     Tahun 2024                    Tahun 2025
                            Description                                     Year 2024                     Year 2025

                                                                    Orang                         Orang
                                                                                         %                             %
                                                                    People                        People

 Pria                                                                11.552         81,73         11.529          80,00
 Male

 Wanita                                                              2.582          18,27         2.882           20,00
 Female

 Total                                                               14.134         100,00        14.411          100,00




 Jumlah Karyawan Berdasarkan Status Kepegawaian
 Number of Employees by Employment Status


                                                                                     Jumlah Karyawan
                                                                                    Number of Employees

                            Keterangan                                     Tahun 2024                    Tahun 2025
                            Description                                     Year 2024                     Year 2025

                                                                    Orang                         Orang
                                                                                         %                             %
                                                                    People                        People

 Tetap                                                               14.134         100,00         14.411         100,00
 Permanent

 Tidak Tetap                                                           0                0,00         0                0,00
 Non-Permanent

 Total                                                               14.134         100,00        14.411          100,00




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Jumlah Karyawan Berdasarkan Tingkat Pendidikan
Number of Employees by Education Level



                                                                                      Jumlah Karyawan
                                                                                     Number of Employees

                           Keterangan                                    Tahun 2024                       Tahun 2025
                           Description                                    Year 2024                        Year 2025

                                                                 Orang                            Orang
                                                                                       %                                 %
                                                                 People                           People

Magister                                                            57                0,40           81                 0,56
Post Graduate

Sarjana                                                           5.775             40,86          6.396               44,38
Bachelor’s

Diploma                                                           1.273               9,01         1.246                8,65
Diploma

SMU                                                               7.026              49,71         6.685               46,39
Senior High School

SMP/SD                                                              3                 0,02           3                  0,02
Junior High School/ Elementary School

Total                                                             14.134           100,00          14.411             100,00




Jumlah Karyawan Berdasarkan Level Jabatan
Number of Employees by Job Level


                                                                                      Jumlah Karyawan
                                                                                     Number of Employees

                           Keterangan                                    Tahun 2024                       Tahun 2025
                           Description                                    Year 2024                        Year 2025

                                                                 Orang                            Orang
                                                                                       %                                 %
                                                                 People                           People

Direksi                                                             6                 0,04           6                  0,04
Board of Directors

General Manager                                                     16                0,11           17                 0,12

Manager (Dept. Head, Sub Dept. Head)                                51                0,36          53                  0,37

Supervisor (Area Head, BM/MM, Rep Head)                            809                5,72          841                 5,84

Pelaksana                                                        13.252             93,76          13.494              93,64
Staffs

Total                                                             14.134           100,00          14.411             100,00




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 Jumlah Karyawan Berdasarkan Usia
 Number of Employees by Age



                                                                               Jumlah Karyawan
                                                                              Number of Employees

                            Keterangan                               Tahun 2024                    Tahun 2025
                            Description                               Year 2024                     Year 2025

                                                             Orang                         Orang
                                                                                   %                             %
                                                             People                        People

 >55                                                            0                 0,00        2                 0,01

 46-55                                                         614                4,34       750                5,20

 36-45                                                        3.763           26,62         3.945           27,37

 26-35                                                        7.409           52,42         7.540           52,32

 18-25                                                        2.348               16,61     2.174           15,09

 Total                                                        14.134          100,00        14.411          100,00




Struktur dan Komposisi
Pemegang Saham
Structure and Composition of Shareholders


                                                                                  PT Astra International Tbk.
                                                                                               (99,99996%)




PT Arya Kharisma
(0,00004%)




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                                         1 Januari 2025                                               31 Desember 2025
                                         January 1, 2025                                              December 31, 2025

 Nama Pemegang                                 Modal                                                        Modal
                                                               Persentase
     Saham                               Ditempatkan dan                                              Ditempatkan dan       Persentase
                    Jumlah Saham                               Kepemilikan        Jumlah Saham
   Shareholder                             Disetor Penuh                                                Disetor Penuh      Kepemilikan
                      (Lembar)                                     (%)              (Lembar)
     Name                                     (Rp juta)                                                    (Rp juta)            (%)
                   Number of Shares                            Percentage        Number of Shares
                                          Issued and Fully                                             Issued and Fully     Percentage
                       (Share)                                  Ownership            (Share)
                                           Paid-Up Capital                                              Paid-Up Capital    Ownership (%)
                                                                   (%)
                                             (Rp million)                                                 (Rp million)

 Kepemilikan Saham Lebih dari 5%
 Share Ownership of More than 5%

 PT                     279.999.900      279.999.900.000           99,99996          279.999.900      279.999.900.000            99,99996
 Astra
 International
 Tbk

 PT Arya                           100            100.000           0,00004                    100             100.000             0,00004
 Kharisma

 Kepemilikan Saham oleh Masyarakat (Masing-Masing Kurang dari 5%)
 Public Share Ownership (Each Less than 5%)

 Masyarakat                          -                     -                 -                    -                   -                       -
 (masing masing
 di bawah 5%)
 Public (each
 less than 5%)

 Jumlah                280.000.000 280.000.000.000                100,00000         280.000.000 280.000.000.000                 100,00000
 Total




Kepemilikan Saham oleh Masyarakat (Masing-Masing Kurang dari 5%)
Ownership of Public Shares Less than 5%


Sampai dengan 31 Desember 2025, Perseroan belum pernah                As of December 31, 2025, the Company has not conducted an
melaksanakan aksi Penawaran Umum Perdana Saham (Initial               Initial Public Offering (IPO) on any stock exchange. Therefore,
Public Offering/”IPO”) di bursa efek manapun. Dengan demikian,        all of the Company’s shares are not traded publicly. As a
seluruh saham Perseroan tidak diperjualbelikan kepada publik.         private company, the Company is not required to disclose
Sebagai perusahaan tertutup (private company), Perseroan              information regarding public share ownership in its 2025 Annual
tidak memiliki kewajiban untuk mengungkapkan informasi                Report, including details of share ownership by institutions or
mengenai kepemilikan saham oleh masyarakat dalam Laporan              individuals, whether local or foreign.
Tahunan 2025, termasuk rincian kepemilikan saham oleh
institusi maupun individu, baik lokal maupun asing.


Kepemilikan Saham Perseroan oleh Direksi dan Dewan Komisaris
Share Ownership of the Company by the Board of Directors and Board of Commissioners


Sepanjang tahun 2025, tidak terdapat anggota Direksi maupun           Throughout 2025, there were no members of the Board of
Dewan Komisaris yang memiliki saham Perseroan, baik secara            Directors or Board of Commissioners who owned shares in
langsung maupun tidak langsung.                                       the Company, either directly or indirectly.




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Informasi Pemegang Saham Utama
dan/atau Pengendali
Information on Majority and/or Controlling Shareholders




    PT Astra International Tbk.                                                                    PT Arya Kharisma

                99,99996%                                                                               0,00004%




                                              PT Federal International Finance




PT Astra International Tbk (“Astra”) merupakan pemegang            PT Astra International Tbk (“Astra”) is the majority shareholder
saham utama sekaligus pengendali Perseroan dengan                  and controller of the Company with a 99.99996% ownership
kepemilikan sebesar 99,99996% dari total saham yang beredar.       of the total outstanding shares. The ultimate beneficiary of the
Pihak yang menjadi penerima manfaat akhir atas kepemilikan         Company’s share ownership is the Board of Directors of PT
saham Perseroan adalah Direksi PT Astra International Tbk.         Astra International Tbk.

PT Astra International Tbk (“Astra”)                               PT Astra International Tbk (“Astra”)
Astra merupakan salah satu perusahaan publik terbesar di           Astra is one of the largest public companies in Indonesia,
Indonesia yang bergerak di berbagai sektor, seperti otomotif,      engaged in various sectors, such as automotive, mining,
pertambangan, konstruksi, dan agrobisnis. Astra merupakan          construction, and agribusiness. Astra is the parent company
induk perusahaan Grup Astra yang didirikan pada tahun              of the Astra Group, which was founded in 1957 by William
1957 oleh William Soeryadjaya dan saudaranya Drs. Tjia Kian        Soeryadjaya and his brother, Drs. Tjia Kian Tie. Astra operates
Tie. Astra menjalankan model bisnis berbasis sinergi dan           a synergy and diversification-based business model that covers
diversifikasi yang mencakup 7 (tujuh) segmen usaha, yaitu          seven business segments, namely Automotive; Financial
Otomotif; Jasa Keuangan; Alat Berat, Pertambangan, Konstruksi,     Services; Heavy Equipment, Mining, Construction, and
dan Energi; Agribisnis; Infrastruktur dan Logistik; Teknologi      Energy; Agribusiness; Infrastructure and Logistics; Information
Informasi; serta Properti.                                         Technology; and Property.

Hingga akhir 2025, Astra tercatat telah memiliki lebih dari 200    By the end of 2025, Astra is recorded to have more than 200
anak perusahaan, ventura bersama, dan entitas asosiasi yang        subsidiaries, joint venture companies, and associated entities
operasionalnya tersebar luas di seluruh Indonesia.                 with operations spread across Indonesia.




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Daftar Entitas Anak dan/atau
Perusahaan Asosiasi
List of Subsidiaries and/or Associated Companies


Entitas Anak
Subsidiary Entities

Per 31 Desember 2025, FIFGROUP tidak memiliki Entitas Anak.                As of December 31, 2025, FIFGROUP does not have any
                                                                           Subsidiary Entities.


Entitas Asosiasi
Associated Entities


Per 31 Desember 2025, FIFGROUP memiliki 1 (satu) entitas                   As of December 31, 2025, FIFGROUP has 1 (one) associated
asosiasi, yaitu PT Astra Digital Arta (“ADA”). Rincian informasi           entity, namely PT Astra Digital Arta (“ADA”). Detailed
mengenai entitas asosiasi tersebut disajikan pada tabel berikut:           information regarding this associated entity is presented in
                                                                           the following table:


                                                           PT Astra Digital Arta (“ADA”)

 Bidang Usaha                              Perusahaan teknologi keuangan
 Line of Business                          Financial technology company

 Status Operasi                            Beroperasi penuh dalam menjalankan kegiatan usaha sebagai penerbit uang elektronik sesuai
 Operational Status                        izin yang dimilikinya
                                           Fully operational in conducting business activities as an electronic money issuer in accordance
                                           with its license

 Pemegang Saham                            PT Federal International Finance: 25,00%
 Shareholders                              PT Sedaya Multi Investama: 72,75%
                                           KOPFIF 2000: 2,25%




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Struktur Grup Perusahaan
Company Group Structure




                                                                             Alat Berat,
                                                                             Pertambangan,
                                                                             Konstruksi
                                      Jasa                                   dan Energi
   Otomotif                           Keuangan                               Heavy Equipment, Mining,         Agribisnis
   Automotive                         Financial Services                     Construction and Energy          Agrobusiness



Kendaraan Roda Empat               Pembiayaan Mobil                      Mesin Konstruksi                  Perkebunan Kelapa Sawit
Four-wheeler                       Car Financing                         Construction Machinery            Palm Oil Plantation
ɥ PT Astra Daihatsu Motor          ɥ PT Astra Sedaya Finance             ɥ PT Traktor Nusantara            ɥ PT Astra Agro Lestari Tbk
ɥ PT Isuzu Astra Motor Indonesia   ɥ PT Toyota Astra Financial           ɥ PT United Tractors Tbk
ɥ PT Toyota-Astra Motor            Services
                                                                         Kontraktor Penambangan
Kendaraan Roda Dua                 Pembiayaan Sepeda Motor               Mining Contractor
Two-wheeler                        Motorcycle Financing                  ɥ PT Kalimantan Prima Persada
ɥ PT Astra Honda Motor             ɥ PT Federal International Finance    ɥ PT Pamapersada Nusantara

Komponen                           Pembiayaan Alat Berat                 Pertambangan Batu Bara
Component                          Heavy Equipment Financing             Coal Mining
ɥ PT Astra Otoparts Tbk            ɥ PT Komatsu Astra Finance            ɥ PT Tuah Turangga Agung
                                   ɥ PT Surya Artha Nusantara
Produk & Jasa Lainnya                                                    Pertambangan Mineral
Other Products & Services          Asuransi Umum                         Mineral Mining
ɥ PT Astra Digital Internasional   General Insurance                     ɥ PT Anugerah Surya Pacific
ɥ PT Mobilitas Digital Indonesia   ɥ PT Asuransi Astra Buana               Resources
ɥ PT Serasi Mitra Mobil                                                  ɥ PT Stargate Pasific Resources
                                   Asuransi Jiwa
ɥ PT Astra Healthcare Indonesia                                          ɥ PT Stargate Mineral Asia
                                   Life Insurance
                                   ɥ PT Asuransi Jiwa Astra              Pertambangan Emas
                                                                         Gold Mining
                                   Mobile Lending Fintech
                                                                         ɥ PT Agincourt Resources
                                   Mobile Lending Fintech
                                   ɥ PT Astra WeLab Digital Arta         Industri Konstruksi
                                                                         Construction Industry
                                   Uang Elektronik
                                                                         ɥ PT Acset Indonusa Tbk
                                   Electronic Money
                                   ɥ PT Astra Digital Arta               Energi
                                                                         Energy
                                   Perbankan
                                                                         ɥ PT Energia Prima Nusantara
                                   Banking
                                                                         ɥ PT Unitra Persada Energia
                                   ɥ PT Bank Jasa Jakarta
                                                                         Pertambangan Mineral
                                                                         Lainnya
                                                                         Other Mineral Mining
                                                                         ɥ PT Anugerah Surya Pacific
                                                                           Resources




122        LAPORAN TAHUNAN | ANNUAL REPORT 2025
           PT Federal International Finance
Page 125
                                Tinjauan Pendukung Bisnis                  Analisa dan Pembahasan Manajemen            Tata Kelola Perusahaan
                                   Business Support Review                  Management Discussion and Analysis          Corporate Governance




   Infrastruktur                              Teknologi
   dan Logistik                               Informasi                                     Properti
   Infrastructure and Logistics               Information Technology                        Property



Infrastruktur Umum                        Solusi Dokumen                                Komersial
General Infrastructure                    Document Solution                             Commercial
ɥ PT Astra Nusa Perdana                   ɥ PT Astra Graphia Tbk                        ɥ PT Bhumi Prama Arjasa
ɥ PT Astra Tol Nusantara                                                                ɥ PT Menara Astra
                                          Solusi Layanan Kantor
Logistik                                  Office Services Solution                      Residensial
Logistics                                 ɥ PT Astragraphia Xprins Indonesia            Residential
ɥ PT Serasi Autoraya                                                                    ɥ PT Astra Land Indonesia
                                          Solusi Teknologi Informasi
                                                                                        ɥ PT Asya Mandira Land
Jalan Tol                                 & Komunikasi
                                                                                        ɥ PT Brahmayasa Bahtera
Toll Roads                                Information & Communication
ɥ PT Jasamarga Pandaan Malang             Technology Solution
ɥ PT Jasamarga Surabaya Mojokerto         ɥ PT Astra Graphia Information
ɥ PT Lintas Marga Sedaya                    Technology
ɥ PT Marga Harjaya Infrastruktur
ɥ PT Marga Lingkar Jakarta
ɥ PT Marga Mandalasakti
ɥ PT Marga Trans Nusantara
ɥ PT Trans Marga Jateng

Pelabuhan
Ports
ɥ PT Pelabuhan Penajam Banua Taka




Kronologis Pencatatan Saham
Shares Listing Chronology


Sampai dengan 31 Desember 2025, Perseroan belum                              As of December 31, 2025, the Company has not conducted
melakukan penjualan saham kepada publik. Oleh karena itu,                    any public share offerings. Therefore, information regarding
informasi mengenai kronologis pencatatan saham, termasuk                     the Shares Listing Chronology, including the number and
jumlah dan nilai nominal saham, harga penawaran, nama bursa                  nominal value of shares, offering price, stock exchange name,
efek, maupun aksi korporasi seperti stock split, reverse stock,              or corporate actions such as stock splits, reverse stock splits,
dividen saham, saham bonus, serta perubahan modal, tidak                     stock dividends, bonus shares, and capital changes, is not
relevan untuk diuraikan dalam Laporan Tahunan 2025.                          relevant to be disclosed in the 2025 Annual Report.




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      Performance Highlights            Management Report               Company Profile




Kronologis Pencatatan Obligasi
atau Efek Lainnya
Chronology of Bond or Other Securities Listing



FIFGROUP memulai langkah strategis dalam pembiayaan jangka               FIFGROUP began its strategic steps in long-term financing and
panjang serta peningkatan nilai korporasi melalui Penawaran              corporate value enhancement through an Initial Public Offering
Umum Perdana untuk penerbitan ‘Obligasi Amortisasi Federal               for the issuance of ‘Federal International Finance I Amortizing
International Finance I Tahun 2002 dengan Tingkat Bunga                  Bonds with Fixed Interest Rates in 2002’ on August 27, 2002.
Tetap’ pada 27 Agustus 2002. Obligasi tersebut mendapatkan               The bonds received an IdA- rating and matured and were fully
Peringkat IdA- dan telah jatuh tempo serta dilunasi sepenuhnya           repaid on September 6, 2005.
pada 6 September 2005.

Sejak penerbitan Obligasi I Tahun 2002, FIFGROUP secara                  Since the issuance of the 2002 Series I Bonds, FIFGROUP has
konsisten melaksanakan penerbitan obligasi korporasi setiap              consistently issued corporate bonds every year. The Company’s
tahun. Kredibilitas dan keandalan Perseroan tercermin melalui            credibility and reliability are reflected in its gradual credit rating
peningkatan peringkat kredit secara bertahap dan komitmen                upgrades and commitment to repaying payments according
untuk melunasi pembayaran sesuai jadwal jatuh tempo.                     to the maturity schedule.

Informasi detail mengenai Kronologi Penerbitan Obligasi                  Detailed information regarding the chronology of FIFGROUP
FIFGROUP sejak 2002 dapat dilihat pada tabel berikut:                    bond issuances since 2002 is explained in the following table:


  Pencatatan Obligasi Sebelum Tahun 2025
  Bond Listings Prior to 2025


                                                                                              Tingkat
                                                            Nilai Nominal                                   Tanggal
                                                                                               Suku                         Jatuh Tempo
                        Nama Obligasi              Seri       (Rp Juta)       Peringkat                      Efektif
  No.                                                                                          Bunga                        Maturity Date
                         Bonds Name               Series    Value Nominal      Rating                       Effective
                                                                                              Interest
                                                             (Rp Million)                                     Date
                                                                                                Rate

 1.        Obligasi Amortisasi Federal              A          75.000            idA-         18,50%      27 Agustus     6 September 2005
           International Finance I Tahun 2002                                                             2002           September 6, 2005
           dengan Tingkat Bunga Tetap               B         150.000                                     August 27,
                                                                                                          2002
           Amortized Bonds I Year 2002 with         C          75.000
           Fixed Interest Rate

           Sub Total                                          300.000

 2.        Obligasi Amortisasi Federal              A         150.000            idA+         12,375%     25 Juli        9 Agustus 2004
           International Finance II Tahun 2003                                                            2003           August 9, 2004
           dengan Tingkat Bunga Tetap                                                                     July 25,
                                                    B         100.000                         12,875%     2003           5 Agustus 2005
           Federal International Finance                                                                                 August 5, 2005
           Amortized Bonds II Year 2003 with
           Fixed Interest Rate                      C         250.000                        13,1875%                    5 Agustus 2006
                                                                                                                         August 5, 2006

                                                    D         250.000                         13,50%                     5 Agustus 2007
                                                                                                                         August 5, 2007

           Sub Total                                          750.000




124          LAPORAN TAHUNAN | ANNUAL REPORT 2025
             PT Federal International Finance
Page 127
                              Tinjauan Pendukung Bisnis                Analisa dan Pembahasan Manajemen                    Tata Kelola Perusahaan
                                 Business Support Review                Management Discussion and Analysis                  Corporate Governance




                                                                                               Tingkat
                                                           Nilai Nominal                                       Tanggal
                                                                                                Suku                            Jatuh Tempo
                  Nama Obligasi                  Seri        (Rp Juta)        Peringkat                         Efektif
No.                                                                                             Bunga                           Maturity Date
                   Bonds Name                   Series     Value Nominal       Rating                          Effective
                                                                                               Interest
                                                            (Rp Million)                                         Date
                                                                                                 Rate

3.    Obligasi Federal International               A         200.000             idA+           10,50%       19 Maret        12 April 2005
      Finance III Tahun 2004 dengan                                                                          2004            April 12, 2005
      Tingkat Bunga Tetap                                                                                    March 19,
                                                   B         100.000                            12,00%       2004            2 April 2006
      Federal International Finance Bonds                                                                                    April 12, 2006
      III Year 2004 with Fixed Interest Rate
                                                   C         200.000                            12,75%                       2 April 2007
                                                                                                                             April 12, 2007

      Sub Total                                              500.000

4.    Obligasi Federal International               A         200.000             idA+          9,625%        1               20 Sep 2005
      Finance IV Tahun 2004 dengan                                                                           September       September 20,
      Tingkat Bunga Tetap                                                                                    2004            2005
                                                                                                             September
      Federal International Finance Bonds          B         100.000                            10,75%       1, 2004         15 Sep 2006
      IV Year 2004 with Fixed Interest Rate                                                                                  September 20,
                                                                                                                             2005

                                                   C         200.000                            11,75%                       15 Sep 2007
                                                                                                                             September 15,
                                                                                                                             2007

      Sub Total                                              500.000

5.    Obligasi Federal International               A         300.000             idA+          8,375%        31              13 Januari 2006
      Finance V Tahun 2005 dengan                                                                            Desember        January 13, 2006
      Tingkat Bunga Tetap                                                                                    2004
                                                   B         100.000                           9,375%        December        12 Juli 2006
      Federal International Finance Bonds                                                                    31, 2004        July 12, 2006
      V Year 2005 with Fixed Interest Rate
                                                   C         200.000                            10,00%                       12 Januari 2007
                                                                                                                             January 12, 2007

                                                   D         100.000                           10,375%                       12 Juli 2007
                                                                                                                             July 12, 2007

                                                   E         300.000                            10,75%                       12 Januari 2008
                                                                                                                             January 12, 2008

      Sub Total                                             1.000.000

6.    Obligasi Federal International               A         200.000             idA+           13,75%       7 April         26 April 2007
      Finance VI Tahun 2006 dengan                                                                           2006            April 26, 2007
      Tingkat Bunga Tetap                                                                                    April 7,
                                                   B         100.000                            14,50%       2006            21 April 2008
      Federal International Finance Bonds                                                                                    April 21, 2008
      VI Year 2006 with Fixed Interest Rate
                                                   C         300.000                            14,75%                       21 April 2009
                                                                                                                             April 21, 2009


      Sub Total                                              600.000




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       Performance Highlights             Management Report                 Company Profile




                                                                                                Tingkat
                                                              Nilai Nominal                                  Tanggal
                                                                                                 Suku                       Jatuh Tempo
                         Nama Obligasi                Seri      (Rp Juta)         Peringkat                   Efektif
 No.                                                                                             Bunga                      Maturity Date
                          Bonds Name                 Series   Value Nominal        Rating                    Effective
                                                                                                Interest
                                                               (Rp Million)                                    Date
                                                                                                  Rate

 7.         Obligasi Federal International             A        275.000              idA+        9,75%     20 April      7 Mei 2008
            Finance VII Tahun 2007 dengan                                                                  2007          May 7, 2008
            Tingkat Bunga Tetap                                                                            April 20,
                                                       B         75.000                         10,00%     2007          2 Mei 2009
            Federal International Finance Bonds                                                                          May 2, 2009
            VII Year 2007 with Fixed Interest Rate
                                                       C        300.000                         10,50%                   2 Mei 2010
                                                                                                                         May 2, 2010

                                                       D        350.000                         10,75%                   2 Mei 2011
                                                                                                                         May 2, 2011

            Sub Total                                          1.000.000

 8.         Obligasi Federal International             A        600.000             idAA-       11,125%    30 April      18 Mei 2009
            Finance VIII Tahun 2008 dengan                                                                 2008          May 18, 2009
            Tingkat Bunga Tetap                                                                            April 30,
                                                       B        190.000                         12,125%    2008          13 Mei 2010
            Federal International Finance Bonds                                                                          May 13, 2010
            VIII Year 2008 with Fixed Interest
            Rate                                       C        360.000                         12,625%                  13 Mei 2011
                                                                                                                         May 13, 2011

            Sub Total                                           1.150.000

 9.         Obligasi Federal International             A        365.000             idAA-       12,55%     22 April      4 Mei 2010
            Finance IX Tahun 2009 dengan                                                                   2009          May 4, 2010
            Tingkat Bunga Tetap                                                                            April 22,
                                                       B         93.000                         13,55%     2009          29 April 2011
            Federal International Finance Bonds                                                                          April 29, 2011
            IX Year 2009 with Fixed Interest Rate
                                                       C        542.000                         14,60%                   29 April 2012
                                                                                                                         April 29, 2012

            Sub Total                                          1.000.000

 10.        Obligasi Federal International             A        300.000             idAA-        8,10%     21 April      4 Mei 2011
            Finance X Tahun 2010 dengan                                                                    2010          May 4, 2011
            Tingkat Bunga Tetap                                                                            April 21,
                                                       B        200.000                          8,75%     2010          29 April 2012
            Federal International Finance Bonds                                                                          April 29, 2012
            X Year 2010 with Fixed Interest Rate
                                                       C        400.000                         10,15%                   29 April 2013
                                                                                                                         April 29, 2013

                                                       D        600.000                         10,55%                   29 April 2014
                                                                                                                         April 29, 2014

            Sub Total                                          1.500.000

 11.        Obligasi Federal International             A        621.500             idAA+        7,80%     15 April      1 Mei 2012
            Finance XI Tahun 2011 dengan                                                                   2011          May 1, 2012
            Tingkat Bunga Tetap                                                                            April 15,
                                                       B        480.000                         8,80%      2011          26 April 2013
            Federal International Finance Bonds                                                                          April 26, 2013
            XI Year 2011 with Fixed Interest Rate
                                                       C       1.898.500                        9,60%                    26 April 2014
                                                                                                                         April 26, 2014

            Sub Total                                          3.000.000




126           LAPORAN TAHUNAN | ANNUAL REPORT 2025
              PT Federal International Finance
Page 129
                             Tinjauan Pendukung Bisnis                Analisa dan Pembahasan Manajemen                    Tata Kelola Perusahaan
                                Business Support Review                Management Discussion and Analysis                  Corporate Governance




                                                                                              Tingkat
                                                          Nilai Nominal                                       Tanggal
                                                                                               Suku                            Jatuh Tempo
                  Nama Obligasi                 Seri        (Rp Juta)        Peringkat                         Efektif
No.                                                                                            Bunga                           Maturity Date
                   Bonds Name                  Series     Value Nominal       Rating                          Effective
                                                                                              Interest
                                                           (Rp Million)                                         Date
                                                                                                Rate

12.   Obligasi Berkelanjutan I Federal            A         998.000            idAA+           6,40%        12 April        25 April 2013
      International Finance dengan Tingkat                                                                  2012            April 25, 2013
      Bunga Tetap Tahap I Tahun 2012                                                                        April 12,
                                                  B         1.367.000                          7,35%        2012            20 April 2014
      Federal International Finance Shelf                                                                                   April 25, 2014
      Registration Bonds I with Fixed
      Interest Rate Phase I Year 2012             C        1.635.000                           7,65%                        20 April 2015
                                                                                                                            April 25, 2015
                                                                                                                            May 1, 2012

      Sub Total                                            4.000.000

13.   Obligasi Berkelanjutan I Federal            A         710.000            idAA+           6,75%        12 April        14 April 2014
      International Finance dengan Tingkat                                    Pefindo                       2012            April 14, 2014
      Bunga Tetap Tahap II Tahun 2013                                         AAA(idn)                      April 12,
                                                  B        1.690.000            Fitch          7,75%        2012            4 April 2016
      Federal International Finance Shelf                                                                                   April 4, 2016
      Registration Bonds I with Fixed
      Interest Rate Phase II Year 2013

      Sub Total                                            2.400.000

14.   Obligasi Berkelanjutan I Federal            A         805.000            idAAA           9,60%        12 April        24 Maret 2015
      International Finance dengan Tingkat                                    Pefindo                       2015            March 24, 2015
      Bunga Tetap Tahap III Tahun 2014                                        AAA(idn)                      April 12,
                                                  B         745.000             Fitch          10,50%       2015            14 Maret 2017
      Federal International Finance Shelf                                                                                   March 14, 2017
      Registration Bonds I with Fixed
      Interest Rate Phase III Year 2014


      Sub Total                                            1.550.000

15.   Obligasi Berkelanjutan II Federal           A         939.000            idAAA           8,50%        15 April        4 Mei 2016
      International Finance dengan Tingkat                                    Pefindo                       2015            May 4, 2016
      Bunga Tetap Tahap I Tahun 2015                                          AAA(idn)                      April 15
                                                  B        2.061.000            Fitch          9,25%        2015            24 April 2018
      Federal International Finance Shelf                                                                                   April 24, 2018
      Registration Bonds II with Fixed
      Interest Rate Phase I Year 2015

      Sub Total                                            3.000.000

16.   Obligasi Berkelanjutan II Federal           A         913.000            idAAA           8,50%        15 April        21 September 2016
      International Finance dengan Tingkat                                    Pefindo                       2015            September 21,
      Bunga Tetap Tahap II Tahun 2015                                         AAA(idn)                      April 15        2016
                                                                                Fitch                       2015
      Federal International Finance Shelf         B         587.000                            9,25%                        11 September 2018
      Registration Bonds II with Fixed                                                                                      September 11, 2018
      Interest Rate Phase II Year 2015

      Sub Total                                            1.500.000




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       Ikhtisar Kinerja                   Laporan Manajemen                 Profil Perusahaan
       Performance Highlights             Management Report                 Company Profile




                                                                                                Tingkat
                                                              Nilai Nominal                                 Tanggal
                                                                                                 Suku                      Jatuh Tempo
                         Nama Obligasi               Seri       (Rp Juta)         Peringkat                  Efektif
 No.                                                                                             Bunga                     Maturity Date
                          Bonds Name                Series    Value Nominal        Rating                   Effective
                                                                                                Interest
                                                               (Rp Million)                                   Date
                                                                                                  Rate

 17.        Obligasi Berkelanjutan II Federal         A         868.000             idAAA       8,50%      15 April     15 April 2017
            International Finance dengan Tingkat                                   Pefindo                 2015         April 15, 2017
            Bunga Tetap Tahap III Tahun 2016                                       AAA(idn)                April 15
                                                      B        2.507.000             Fitch       9,15%     2015         5 April 2019
                                                                                                                        April 5, 2019

            Sub Total                                          3.375.000

 18.        Obligasi Berkelanjutan II Federal         A         868.000             idAAA       7,25%      15 April     7 Oktober 2017
            International Finance dengan                                           Pefindo                 2015         October 7, 2017
            Tingkat Bunga Tetap Tahap IV Tahun                                     AAA(idn)                April 15
            2016                                      B         1.257.000            Fitch      7,95%      2015         27 September 2019

            Federal International Finance Shelf                                                                         September 27,
            Registration Bonds II with Fixed                                                                            2019
            Interest Rate Phase III Year 2016

            Sub Total                                           2.125.000

 19.        Obligasi Berkelanjutan III Federal        A         1.424.000           idAAA       7,35%      17 April     6 Mei 2018
            International Finance dengan Tingkat                                   Pefindo                 2017         May 6, 2018
            Bunga Tetap Tahap I Tahun 2017                                         AAA(idn)                April 17
                                                      B        2.076.000             Fitch      8,45%      2017         26 April 2020
            Federal International Finance Shelf                                                                         April 26, 2020
            Registration Bonds III with Fixed
            Interest Rate Phase I Year 2017

            Sub Total                                          3.500.000

 20.        Obligasi Berkelanjutan III Federal        A         1.679.000           idAAA       6,50%      17 April     20 Oktober 2018
            International Finance dengan Tingkat                                   Pefindo                 2017         October 20, 2018
            Bunga Tetap Tahap II Tahun 2017                                        AAA(idn)                April 17
                                                      B         971.000              Fitch      7,50%      2017         10 Oktober 2020
            Federal International Finance Shelf                                                                         October 10, 2020
            Registration Bonds III with Fixed
            Interest Rate Phase II Year 2017

            Sub Total                                          2.650.000

 21.        Obligasi Berkelanjutan III Federal        A        1.592.000            idAAA        6,10%     17 April     21 April 2019
            International Finance dengan Tingkat                                   Pefindo                 2017         April 21, 2019
            Bunga Tetap Tahap III Tahun 2018                                       AAA(idn)                April 17
                                                      B        1.408.000             Fitch       7,45%     2017         11 April 2021
            Federal International Finance Shelf                                                                         April 11, 2021
            Registration Bonds IV with Fixed
            Interest Rate Phase III Year 2018

            Sub Total                                          3.000.000

 22.        Obligasi Berkelanjutan III Federal        A         639.260             idAAA       7,50%      17 April     5 Oktober 2019
            International Finance dengan Tingkat                                   Pefindo                 2017         October 5, 2019
            Bunga Tetap Tahap IV Tahun 2018                                        AAA(idn)                April 17
                                                      B          661.180             Fitch      8,75%      2017         25 September
            Federal International Finance Shelf                                                                         2021
            Registration Bonds III with Fixed
            Interest Rate Phase IV Year 2018                                                                            September 25,
                                                                                                                        2021

            Sub Total                                           1.300.440




128           LAPORAN TAHUNAN | ANNUAL REPORT 2025
              PT Federal International Finance
Page 131
                             Tinjauan Pendukung Bisnis                  Analisa dan Pembahasan Manajemen                   Tata Kelola Perusahaan
                                Business Support Review                  Management Discussion and Analysis                 Corporate Governance




                                                                                                Tingkat
                                                          Nilai Nominal                                        Tanggal
                                                                                                 Suku                           Jatuh Tempo
                  Nama Obligasi                 Seri        (Rp Juta)          Peringkat                        Efektif
No.                                                                                              Bunga                          Maturity Date
                   Bonds Name                  Series     Value Nominal         Rating                         Effective
                                                                                                Interest
                                                           (Rp Million)                                          Date
                                                                                                  Rate

23.   Obligasi Berkelanjutan III Federal          A         990.851              idAAA           8,00%        17 April       22 Maret 2020
      International Finance dengan Tingkat                                      Pefindo                       2017           March 22, 2020
      Bunga Tetap Tahap V Tahun 2019                                            AAA(idn)                      April 17
      Federal International Finance Shelf         B         1.369.472             Fitch          8,80%        2017           12 Maret 2022
      Registration Bonds III with Fixed                                                                                      March 12, 2022
      Interest Rate Phase V Year 2019

      Sub Total                                            2.360.323

24.   Obligasi Berkelanjutan IV Federal           A         457.674             idAAA            7,55%        17 Juni        5 Juli 2020
      International Finance dengan Tingkat                                      Pefindo                       2019           July 5, 2020
      Bunga Tetap Tahap I Tahun 2019                                                                          June 17
                                                  B         1.042.326                            8,55%        2019           25 Juni 2022
      Federal International Finance Shelf                                                                                    June 25, 2022
      Registration Bonds IV with Fixed
      Interest Rate Phase I Year 2019

      Sub Total                                            1.500.000

25.   Obligasi Berkelanjutan IV Federal           A         854.558              idAAA           6,25%        17 Juni        17 Oktober 2021
      International Finance dengan Tingkat                                      Pefindo                       2019           October 17, 2021
      Bunga Tetap Tahap II Tahun 2020                                           AAA(idn)                      June 17
                                                  B         645.442               Fitch          7,25%        2019           7 Oktober 2023
      Federal International Finance Shelf                                                                                    October 7, 2023
      Registration Bonds IV with Fixed
      Interest Rate Phase II Year 2020

      Sub Total                                            1.500.000

26.   Obligasi Berkelanjutan V Federal            A         628.000              idAAA           4,60%        27 May         18 Juni 2022
      International Finance dengan Tingkat                                      Pefindo                       2021           June 18, 2022
      Bunga Tetap Tahap I Tahun 2021                                            AAA(idn)                      May 27
                                                  B         872.000               Fitch          6,25%        2021           8 Juni 2024
      Federal International Finance Shelf                                                                                    June 8, 2024
      Registration Bonds V with Fixed
      Interest Rate Phase I Year 2021

      Sub Total                                            1.500.000

27.   Obligasi Berkelanjutan V Federal            A         975.329              idAAA           3,60%        27 May         7 November 2022
      International Finance dengan Tingkat                                      Pefindo                       2021           November 7, 2022
      Bunga Tetap Tahap II Tahun 2021                                           AAA(idn)
                                                  B          774.671              Fitch          5,30%        May 27         27 Oktober 2024
      Federal International Finance Shelf                                                                     2021           October 27, 2024
      Registration Bonds V with Fixed
      Interest Rate Phase II Year 2021

      Sub Total                                             1.750.000

28.   Obligasi Berkelanjutan V Federal            A         1.193.027            idAAA           3,50%        27 May         5 April 2023
      International Finance dengan Tingkat                                      Pefindo                       2021           April 5, 2023
      Bunga Tetap Tahap III Tahun 2022                                          AAA(idn)                      May 27
                                                  B         806.973               Fitch          5,60%        2021           25 Maret 2025
      Federal International Finance Shelf                                                                                    March 25, 2025
      Registration Bonds V with Fixed
      Interest Rate Phase III Year 2022


      Sub Total                                            2.000.000




                                                                                     LAPORAN TAHUNAN | ANNUAL REPORT 2025
                                                                                               PT Federal International Finance              129
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   Ikhtisar Kinerja                   Laporan Manajemen                 Profil Perusahaan
   Performance Highlights             Management Report                 Company Profile




                                                                                            Tingkat
                                                          Nilai Nominal                                 Tanggal
                                                                                             Suku                      Jatuh Tempo
                     Nama Obligasi               Seri       (Rp Juta)         Peringkat                  Efektif
 No.                                                                                         Bunga                     Maturity Date
                      Bonds Name                Series    Value Nominal        Rating                   Effective
                                                                                            Interest
                                                           (Rp Million)                                   Date
                                                                                              Rate

 29.    Obligasi Berkelanjutan V Federal          A         500.760             idAAA       5,00%      27 May       8 November 2023
        International Finance Tingkat Bunga                                    Pefindo                 2021         November 8, 2023
        Tetap Tahap IV Tahun 2022                                              AAA(idn)                May 27
                                                  B         676.240              Fitch      6,80%      2021         28 Oktober 2025
        Federal International Finance Shelf                                                                         October 28, 2025
        Registration Bonds V with Fixed
        Interest Rate Phase IV Year 2022

        Sub Total                                           1.177.000

 30.    Obligasi Berkelanjutan V Federal          A         1.035.223           idAAA       6,00%      27 May       5 Maret 2024
        International Finance Dengan Tingkat                                   Pefindo                 2021         March 5, 2024
        Bunga Tetap Tahap V Tahun 2023                                         AAA(idn)                May 27
                                                  B         1.964.777            Fitch      6,80%      2021         24 Februari 2026
        Federal International Finance Shelf                                                                         February 24, 2026
        Registration Bonds V with Fixed
        Interest Rate Phase V Year 2023

        Sub Total                                          3.000.000

 31.    Obligasi Berkelanjutan VI Federal         A         566.150            idAAA        5,50%      27 Juni      21 Juli 2024
        International Finance Dengan Tingkat                                   Pefindo                 2023         July 21, 2024
        Bunga Tetap Tahap I Tahun 2023                                                                 June 27,
                                                  B         433.850                         6,00%      2023         11 Juli 2026
        Federal International Finance Shelf                                                                         July 11, 2026
        Registration Bonds VI with Fixed
        Interest Rate Phase I Year 2023

        Sub Total                                          1.000.000

 32.    Obligasi Berkelanjutan VI Federal         A         849.216            idAAA        6,40%      27 Juni      26 November
        International Finance Dengan Tingkat                                   Pefindo                 2023         2024
        Bunga Tetap Tahap II Tahun 2023                                                                June 27,     November 26,
                                                                                                       2023         2024
        Federal International Finance Shelf
        Registration Bonds VI with Fixed          B         250.784                         6,75%                   16 November 2026
        Interest Rate Phase II Year 2023                                                                            November 16,
                                                                                                                    2026

        Sub Total                                           1.100.000

 33.    Obligasi Berkelanjutan VI Federal         A         1.109.437          idAAA        6,40%      27 Juni      12 April 2025
        International Finance Dengan Tingkat                                   Pefindo                 2023         April 12, 2025
        Bunga Tetap Tahap III Tahun 2024                                                               June 27,
                                                  B         890.563                         6,55%      2023         2 April 2027
        Federal International Finance Shelf                                                                         April 2, 2027
        Registration Bonds VI with Fixed
        Interest Rate Phase III Year 2024

        Sub Total                                          2.000.000




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                                                                                                 Tingkat
                                                           Nilai Nominal                                        Tanggal
                                                                                                  Suku                           Jatuh Tempo
                   Nama Obligasi                 Seri        (Rp Juta)          Peringkat                        Efektif
 No.                                                                                              Bunga                          Maturity Date
                    Bonds Name                  Series     Value Nominal         Rating                         Effective
                                                                                                 Interest
                                                            (Rp Million)                                          Date
                                                                                                   Rate

34.    Obligasi Berkelanjutan VI Federal           A         1.252.174           idAAA            6,55%        27 Juni        16 September
       International Finance Dengan Tingkat                                      Pefindo                       2023           2025
       Bunga Tetap Tahap IV Tahun 2024                                                                         June 27,       September 16
                                                                                                               2023           2025
       Federal International Finance Shelf
       Registration Bonds VI with Fixed            B         1.247.826                            6,90%                       6 September
       Interest Rate Phase IV Year 2024                                                                                       2027
                                                                                                                              September 6
                                                                                                                              2027

       Sub Total                                             2.500.000

       Total                                                 61.087.763


Pencatatan Obligasi Tahun 2025
Bond Listing in 2025
                                                           Nilai Nominal                         Tingkat
                                                                                                                Tanggal
                                                             (Rp Juta)                            Suku
                   Nama Obligasi                 Seri                           Peringkat                        Efektif         Jatuh Tempo
 No.                                                           Value                              Bunga
                    Bonds Name                  Series                           Rating                         Effective        Maturity Date
                                                              Nominal                            Interest
                                                                                                                  Date
                                                            (Rp Million)                           Rate

1.     Obligasi Berkelanjutan VI Federal       A           1.640.195          idAAA            6,40%           27 Juni        26 April 2026
       International Finance Dengan Tingkat                                   Pefindo                          2023           April 26, 2026
       Bunga Tetap Tahap V Tahun 2025                                                                          June 27,
                                               B           859.805                             6,70%           2023           15 April 2028
       Federal International Finance Shelf                                                                                    April 15, 2028
       Registration Bonds VI with Fixed
       Interest Rate Phase V Year 2025

       Sub Total                                           2.500.000

2.     Obligasi Berkelanjutan VII Federal      A           112.067            AAA(idn)         6,15%                          18 Juli 2026
       International Finance Dengan Tingkat                                   Fitch                                           July 18, 2026
       Bunga Tetap Tahap I Tahun 2025                                                                          26 Juni
                                               B           387.933                             6,55%           2025           8 Juli 2028
       Federal International Finance Shelf                                                                                    July 8, 2028
       Registration Bonds VII with Fixed                                                                       June 26,
       Interest Rate Phase I Year 2025                                                                         2025

       Sub Total                                           500.000

3.     Obligasi Berkelanjutan VII Federal      A           1.470.000          AAA(idn)         5,85%           26 Juni        22 September
       International Finance Dengan Tingkat                                   Fitch                            2025           2026
       Bunga Tetap Tahap II Tahun 2025                                                                                        September 22,
                                                                                                               June 26,       2026
       Federal International Finance Shelf                                                                     2025
       Registration Bonds VII with Fixed       B           1.030.000                           6,15%                          12 September
       Interest Rate Phase II Year 2025                                                                                       2028
                                                                                                                              September 12,
                                                                                                                              2028

       Sub Total                                           2.500.000

       Total                                               5.500.000




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Informasi Penggunaan Jasa
Akuntan Publik (AP) dan
Kantor Akuntan Publik (KAP)
Information on the Use of Public Accountant (AP) and
Public Accounting Firm (KAP) Services


B e r d a s a r k a n u s u l a n D e w a n Ko m i s a r i s d e n g a n    Based on the recommendation of the Board of Commissioners
mempertimbangkan rekomendasi Komite Audit, pemegang                         and considering the recommendation of the Audit Committee,
saham menunjuk Kantor Akuntan Publik (KAP) Rintis, Jumadi,                  the shareholders appointed the Public Accounting Firm (KAP)
Rianto & Rekan (firma anggota jaringan global PwC) yang                     Rintis, Jumadi, Rianto & Rekan (a member firms of the PwC
terdaftar di OJK sebagai auditor independen untuk melakukan                 global network) registered with the OJK as an independent
audit atas Laporan Keuangan Perseroan tahun buku yang                       auditor to audit the Company’s Financial Statements for the
berakhir pada 31 Desember 2025. Penunjukan tersebut                         fiscal year ending December 31, 2025. The appointment was
ditetapkan melalui keputusan RUPS Tahunan tanggal 21                        confirmed by a resolution of the Annual GMS on April 21, 2025.
April 2025.


 Nama Lembaga                        Kantor Akuntan Publik Tanudiredja, Wibisana, Rintis & Rekan*
 Name of Institution                 (firma anggota jaringan global PwC)
                                     Public Accounting Firm Tanudiredja, Wibisana, Rintis & Rekan*
                                     (a member firms of the PwC global network)

 Alamat                              World Trade Centre Jakarta 3
 Address                             Jl. Jenderal Sudirman Kav 29-31
                                     Kuningan, Karet, Setiabudi
                                     Jakarta 12920

 Nama Akuntan                        Hendra Setiadi, CPA No. AP. 2087
 Accountant Name

 Jasa yang Diberikan                 Audit Umum atas Laporan Keuangan Tahun Buku 2025
 Services Provided                   General Audit of Financial Statements for Fiscal Year 2025

 Periode                             Tahun Buku 2025
 Period                              Fiscal Year 2025

 Biaya Jasa Audit                    Rp2.709.832.481
 Audit Fee

 Biaya Jasa Non-Audit ( jika ada)    •    Rp330.750.000 (Jenis jasa yang disediakan: Prosedur yang Disepakati atas Laporan Tidak Pernah
 Non-Audit Service Fees (if any)          Gagal Bayar)
                                          Rp330,750,000 (Type of service provided: Agreed-Upon Procedures (AUP) on Never Default)

                                     •    Rp1.199.250.000 (Jenis jasa yang disediakan: Surat Kenyamanan)
                                          Rp1,199,250,000 (Type of service provided: Comfort Letter)

                                     •    Rp46.080.000 ( jenis jasa yang disediakan: AUP KPPK)
                                          Rp46,080,000 (type of service provided: AUP KPPK)




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Lembaga dan/atau
Profesi Penunjang
Supporting Institutions and/or Professions



Dalam rangka memastikan kegiatan usaha berjalan secara                    To ensure business activities are conducted effectively,
efektif, transparan, dan sesuai dengan ketentuan yang berlaku,            transparently, and in accordance with applicable regulations,
FIFGROUP berkolaborasi dengan sejumlah lembaga serta                      FIFGROUP collaborates with a range of supporting institutions
profesi penunjang untuk menunjang kelancaran operasional.                 and professions to facilitate smooth operations. A complete
Uraian lengkap mengenai profesi penunjang dimaksud disajikan              description of the supporting professions in question is
berikut ini:                                                              presented below:


Lembaga Pemeringkat
Rating Agency

 Nama Lembaga          PT Pemeringkat Efek Indonesia (PEFINDO)             Nama Lembaga          PT Fitch Ratings Indonesia
 Name of                                                                   Name of
 Institution                                                               Institution

 Alamat                Equity Tower 30th Floor                             Alamat                DBS Bank Tower
 Address               Sudirman Central Business District, Lot. 9          Address               Lantai 24, Suite 2403
                       Jl. Jend. Sudirman Kav. 52-53, Jakarta 12190                              Jl. Prof. Dr. Satrio Kav. 3-5, Jakarta 12940

 Jasa yang             Jasa pemeringkatan atas Obligasi                    Jasa yang             Jasa pemeringkatan atas Obligasi
 Diberikan             Rating services for debt instrument (Bond)          Diberikan             Rating services for debt instrument (Bond)
 Services                                                                  Services
 Provided                                                                  Provided

 Periode               Tahun 2025                                          Periode               Tahun 2025
 Period                2025                                                Period                2025



Wali Amanat
Trustee

 Nama Lembaga                        PT Bank Rakyat Indonesia (Persero) Tbk
 Name of Institution

 Alamat                              Gedung BRI II Lantai 6
 Address                             Jl. Jend. Sudirman Kav. 44-46, Jakarta 10210

 Jasa yang Diberikan                 Mewakili kepentingan Pemegang Obligasi baik di dalam maupun di luar pengadilan mengenai
 Services Provided                   pelaksanaan hak-hak Pemegang Obligasi sesuai dengan syarat-syarat Obligasi dengan memperhatikan
                                     ketentuan-ketentuan yang tercantum dalam Perjanjian Perwaliamanatan serta peraturan perundang-
                                     undangan yang berlaku.

                                     Representing the Bondholders’ interests both within and outside the court regarding the exercise of
                                     bondholders’ rights in accordance with the bond terms, taking into account the provisions stipulated in
                                     the Trust Deed and applicable regulations.

 Periode                             Tahun 2025
 Period                              2025




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Notaris
Notary

 Nama Lembaga                 Fathiah Helmi, S.H.
 Name of Institution

 Alamat                       Graha Irama, Lantai 6, Ruang 6 C
 Address                      Jl. H.R. Rasuna Said X-1, Kav. 1 & 2, Kuningan, Jakarta 12950

 Jasa yang Diberikan          Membuat akta-akta dalam rangka Penawaran Umum Berkelanjutan, sesuai dengan peraturan jabatan
 Services Provided            notaris dan kode etik notaris, antara lain Perjanjian Perwaliamanatan, Pengakuan Hutang, Perjanjian
                              Agen Pembayaran dan Perjanjian Penjaminan Emisi Obligasi serta akta-akta pengubahannya.

                              Drafting deeds in the context of Shelf Offering, in accordance with notarial regulations and notarial code
                              of ethics, including Deed of Establishment, Acknowledgement of Debt, Agency Payment Agreement,
                              Bond Issuance Guarantee Agreement, and their respective amendments.

 Periode                      Tahun 2025
 Period                       2025




Konsultan Hukum
Legal Consultant

 Nama Lembaga                 Thamrin & Rekan (TR&Co.)
 Name of Institution

 Alamat                       Menara Kuningan Lt. 9 dan 12
 Address                      Jl. H.R. Rasuna Said Blok X-7 Kav. 5, Jakarta 12940, Indonesia

 Jasa yang Diberikan          Dalam rangka Penawaran Umum Berkelanjutan, melakukan pemeriksaan dan penelitian dengan
 Services Provided            kemampuan terbaik yang dimilikinya atas fakta dari segi hukum yang ada mengenai Perseroan dan
                              keterangan lain yang berhubungan dengan itu sebagaimana disampaikan oleh Perseroan.

                              In the context of Shelf Offering, conducting thorough assessments and research, leveraging its utmost
                              capabilities, regarding the legal aspects pertaining to the Company and other relevant information
                              provided by the Company.

 Periode                      Tahun 2025
 Period                       2025




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Informasi pada Situs Web
Information on the Website




Perseroan senantiasa berupaya menjalankan praktik bisnis               The Company continuously strives to implement responsible
pembiayaan yang bertanggung jawab dengan menjunjung                    financing business practices by upholding the principle of
tinggi prinsip keterbukaan informasi kepada seluruh pemangku           information disclosure to all stakeholders. This commitment
kepentingan. Komitmen ini diwujudkan melalui penyampaian               is realized through the provision of transparent, accurate, and
informasi yang transparan, akurat, dan mudah diakses mengenai          easily accessible information regarding the Company’s financial
kinerja keuangan maupun non-keuangan Perseroan.                        and non-financial performance.

Sebagai salah satu sarana komunikasi utama, FIFGROUP                   As one of its main means of communication, FIFGROUP provides
menyediakan situs web resmi yang dapat diakses melalui                 an official website accessible at https://www.fifgroup.co.id/.
https://www.fifgroup.co.id/. Melalui kanal digital ini, masyarakat     Through this digital channel, the public and stakeholders can
dan pemangku kepentingan dapat memperoleh berbagai                     access the latest information on the Company’s business
informasi terkini terkait kegiatan usaha, laporan keuangan,            activities, financial reports, and sustainability initiatives.
serta inisiatif keberlanjutan Perseroan. Pengelolaan situs web         The website is managed in accordance with the provisions
dilakukan sesuai dengan ketentuan POJK No. 8/POJK.04/2015              of POJK No. 8/POJK.04/2015 concerning Issuers’ or Public
tentang Situs Web Emiten atau Perusahaan Publik, guna                  Companies’ Websites, to ensure that all information is disclosed
memastikan bahwa seluruh penyampaian informasi dilakukan               transparently and in accordance with applicable regulations.
secara transparan dan sesuai dengan regulasi yang berlaku.

Untuk meningkatkan kemudahan akses bagi seluruh pemangku               To enhance accessibility for all stakeholders, the Company
kepentingan, Perseroan menampilkan seluruh informasi pada              presents all information on its official website in two languages:
situs web resmi dalam 2 (dua) bahasa, yaitu Bahasa Indonesia           Indonesian and English. The types of information accessible
dan Bahasa Inggris. Adapun jenis informasi yang dapat diakses          through the website include the following:
melalui laman tersebut meliputi hal-hal berikut:




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 1          Beranda | Homepage                                                                www.fifgroup.co.id



 Menyajikan informasi utama mengenai layanan pembiayaan            Provides key information on the financing services offered,
 yang ditawarkan, termasuk pembiayaan motor baru,                  including new motorcycle financing, multiproduct financing,
 multiproduk, multiguna, usaha mikro, serta haji dan umroh.        multipurpose financing, microbusiness financing, and hajj
                                                                   and umrah financing.




 2          Layanan Kami | Our Services                                                https://fifgroup.co.id/personal



 Menampilkan berbagai produk dan layanan pembiayaan,               Featuring various financing products and services, such as:
 seperti:
 • FIFASTRA                                                        •    FIFASTRA
    www.fifgroup.co.id/fifastra                                         www.fifgroup.co.id/fifastra
    Menyajikan informasi mengenai pembiayaan sepeda                     Providing information about Honda motorcycle financing.
    motor Honda.
 • SPEKTRA                                                         •    SPEKTRA
    www.fifgroup.co.id/spektra                                          www.fifgroup.co.id/spektra
    Menyajikan informasi mengenai pembiayaan untuk                      Providing information about financing for electronic
    produk elektronik, perabot rumah tangga, dan                        products, home appliances, and other needs.
    kebutuhan lainnya.
 • DANASTRA                                                        •    DANASTRA
    www.fifgroup.co.id/danastra                                         www.fifgroup.co.id/danastra
    Menyajikan informasi mengenai pembiayaan multiguna                  Providing information about multipurpose financing for
    untuk berbagai kebutuhan konsumen.                                  various consumer needs.
 • FINATRA                                                         •    FINATRA
    www.fifgroup.co.id/finatra                                          www.fifgroup.co.id/finatra
    Menyajikan informasi mengenai pembiayaan produktif                  Providing information on productive financing for micro,
    bagi pelaku usaha mikro, kecil, dan menengah (UMKM).                small, and medium enterprises (MSMEs).
 • AMITRA                                                          •    AMITRA
    www.fifgroup.co.id/amitra                                           www.fifgroup.co.id/amitra
    Menyajikan informasi mengenai pembiayaan syariah                    Providing information on sharia financing for Hajj, Umrah,
    untuk haji, umroh, dan produk lainnya.                              and other products.




 3          Informasi Perusahaan | Company Information                               www.fifgroup.co.id/corporate-info



 Halaman ini menyediakan berbagai informasi mengenai               This page provides various information about FIFGROUP,
 FIFGROUP, termasuk:                                               including:
 • Profil Perusahaan                                               • Company Profile
    https://fifgroup.co.id/informasi-umum                              https://fifgroup.co.id/informasi-umum
    Menyajikan informasi mengenai profil perusahaan, visi              Provides information about the company profile, vision
    dan misi, serta sejarah singkat FIFGROUP.                          and mission, and a brief history of FIFGROUP.




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•   Hubungan Investor                                                •    Investor Relations
    https://fifgroup.co.id/hubungan-investor                              https://fifgroup.co.id/hubungan-investor
    Menyajikan informasi mengenai laporan keuangan,                       Provides information about financial reports, annual
    laporan tahunan, laporan keberlanjutan, dan                           reports, sustainability reports, and prospectus documents.
    dokumen prospektus.
•   Informasi Tata Kelola                                            •    Governance Information
    https://fifgroup.co.id/tata-kelola                                    https://fifgroup.co.id/tata-kelola
    Menyajikan informasi mengenai tata kelola perusahaan,                 Provides information on corporate governance,
    termasuk struktur organisasi, profil Direksi dan Dewan                including organizational structure, profiles of the Board
    Komisaris, serta kebijakan manajemen risiko.                          of Directors and Board of Commissioners, and risk
                                                                          management policies.
•   Berita Korporasi                                                 •    Corporate News
    https://fifgroup.co.id/                                               https://fifgroup.co.id/
    Halaman ini menampilkan berbagai informasi terkini                    This page displays the latest information on FIFGROUP’s
    mengenai aktivitas dan pencapaian FIFGROUP, meliputi:                 activities and achievements, including:
    – Berita CSR                                                          – CSR News
        https://fifgroup.co.id/kontribusi-publik                              https://fifgroup.co.id/kontribusi-publik
        Menyajikan informasi mengenai kegiatan Corporate                      Providing information about Corporate Social
        Social Responsibility yang dilakukan oleh FIFGROUP.                   Responsibility activities carried out by FIFGROUP.
    – Siaran Pers                                                         – Press Releases
        https://fifgroup.co.id/siaran-pers                                    https://fifgroup.co.id/siaran-pers
        Menyajikan informasi mengenai rilis resmi Perseroan                   Providing information about the Company’s official
        terkait berbagai kegiatan, pencapaian, dan informasi                  releases related to various activities, achievements,
        penting lainnya.                                                      and other important information.




4        Karier | Careers                                         https://karir-rise.fifgroup.co.id/index.html#/beranda



Menyajikan informasi mengenai peluang karier dan                     Providing information about career opportunities and job
lowongan pekerjaan di FIFGROUP.                                      vacancies at FIFGROUP.




5        Kontak Kami | Contact Us                                                        https://fifgroup.co.id/kontak-kami



Menyediakan informasi kontak, termasuk alamat kantor                 Providing contact information, including the head office
pusat, nomor telepon, dan email untuk keperluan komunikasi.          address, phone number, and email for communication
                                                                     purposes.




6        Pameran Virtual | Virtual Exhibition                                               https://virtual.fifgroup.co.id/



Melalui tautan ini, pengunjung dapat mengakses pameran               Through this link, visitors can access a virtual exhibition that
virtual yang menampilkan produk dan layanan FIFGROUP                 showcases FIFGROUP’s products and services interactively.
secara interaktif.




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       Tinjauan
Pendukung Bisnis
     Business Support Review




                  04
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   Performance Highlights          Management Report             Company Profile




Sumber Daya Manusia
Human Capital




Ketersediaan Sumber Daya Manusia (SDM) yang              The availability of excellent, adaptive, and highly
unggul, adaptif, dan berdaya saing tinggi memegang       competitive human resources plays a strategic role
peran strategis dalam mendukung keberlanjutan            in supporting the Company’s long-term business
bisnis jangka panjang Perseroan. Komposisi SDM           sustainability. A diverse HC composition is not only
yang beragam tidak hanya dipandang sebagai aset          viewed as an organizational asset, but also as the front
organisasi, tetapi juga sebagai garda terdepan dalam     line in driving innovation, increasing productivity, and
mendorong inovasi, meningkatkan produktivitas,           strengthening the company’s adaptability in facing the
serta memperkuat daya adaptasi Perseroan dalam           increasingly massive and dynamic developments in
menghadapi perkembangan industri multifinance            the multifinance industry over time.
yang semakin masif dan dinamis dari waktu ke waktu.

Dalam rangka menjaga talenta-talenta terbaik,            To retain top talent, the Company implements the
Perseroan menerapkan prinsip Organization Agility        principle of Organization Agility as the foundation
sebagai landasan utama dalam pengelolaan SDM.            of Human Capital management. This principle
Prinsip ini mendorong ketangkasan setiap karyawan        encourages every employee to be agile in delivering
dalam mengaktualisasikan performa terbaik sesuai         their best performance, aligned with their capabilities
kapasitas dan fungsinya, sekaligus menumbuhkan           and responsibilities, while fostering a work culture
budaya kerja yang adaptif, kolaboratif, dan              that is adaptive, collaborative, and results-oriented.
berorientasi pada hasil. Melalui penerapan prinsip       By applying this principle, the Company ensures
tersebut, Perseroan memastikan setiap karyawan           that every employee can respond to industry
memiliki kemampuan untuk merespons dinamika              dynamics, optimize business opportunities, and
industri, mengoptimalkan peluang bisnis, serta           sustain strong performance in an ever-changing
menjaga keberlanjutan kinerja di tengah lingkungan       business environment.
usaha yang terus berubah.

Sebagai wujud nyata penerapan prinsip Organization       As a tangible manifestation of the principle of
Agility, Perseroan juga melaksanakan berbagai            Organizational Agility, the Company also implements
inisiatif strategis yang berfokus pada pengembangan      various strategic initiatives focused on developing
kapasitas dan kapabilitas karyawan. Inisiatif tersebut   employee capacity and capabilities. These initiatives
mencakup pelatihan berbasis digital, program             include digital-based training, continuous learning
pembelajaran berkelanjutan (continuous learning),        programs, and an integrated talent management
serta sistem pengelolaan talenta yang terintegrasi.      system. All of these efforts are designed to ensure
Seluruh upaya ini dirancang untuk memastikan setiap      that every individual within the Company has the
insan di lingkungan Perseroan memiliki kompetensi,       competencies, values, and mindset relevant to modern
nilai, dan mindset yang relevan dengan kebutuhan         business needs, enabling them to contribute optimally
bisnis modern, sehingga mampu memberikan                 to achieving the Company’s vision and mission.
kontribusi optimal bagi pencapaian visi dan
misi Perseroan.




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Kebijakan Pengelolaan Karyawan yang Berkelanjutan
Sustainable Employee Management Policy

Dalam menghadapi dinamika industri pembiayaan serta                  In facing the dynamics of the financing industry and ever-
tantangan ekonomi yang terus berkembang, Perseroan                   evolving economic challenges, the Company continuously
senantiasa mendorong setiap insan untuk terus bertumbuh,             encourages everyone to keep growing, remain resilient, and
tetap tangguh, dan berorientasi pada kinerja melalui penerapan       be performance-oriented through the application of the TEAM
semangat TEAM, yang merepresentasikan nilai-nilai Teamwork,          spirit, which represents the values of Teamwork, Excellence,
Excellence, Achieving, dan Moving Forward. Nilai-nilai tersebut      Achievement, and Moving Forward. These values form the
menjadi fondasi utama dalam membangun budaya kerja yang              main foundation in building a collaborative work culture that
kolaboratif, berorientasi pada hasil, serta adaptif terhadap         is results-oriented and adaptive to changes and developments
perubahan dan perkembangan lingkungan bisnis.                        in the business environment.

Semangat TEAM tidak hanya menjadi pedoman perilaku, tetapi           TEAM spirit is not only a behavioral guideline but is also
juga diinternalisasikan secara menyeluruh ke dalam sistem            thoroughly embedded in the Company’s business system,
bisnis Perseroan mulai dari proses rekrutmen, pengembangan           from recruitment and competency development to performance
kompetensi, hingga manajemen kinerja. Integrasi antara nilai-        management. The integration of TEAM values with the
nilai TEAM dengan sistem bisnis yang dijalankan Perseroan            Company’s business system strengthens the organization’s
memperkuat kapabilitas organisasi dalam beroperasi secara            capabilities to operate efficiently, effectively, and in line with
efisien, efektif, dan sejalan dengan arah serta tujuan strategis     the company’s strategic direction and objectives. This synergy
perusahaan. Sinergi tersebut menjadi fondasi penting                 is essential to building competitive advantage and ensuring
dalam membangun keunggulan kompetitif dan memastikan                 the Company’s performance sustainability amid an increasingly
keberlanjutan kinerja Perseroan di tengah dinamika industri          dynamic and competitive financing industry.
pembiayaan yang semakin berkembang dan kompetitif.

Secara filosofis, pengelolaan SDM di Perseroan berlandaskan          Philosophically, human capital management at the Company is
pada people strategy yang disusun dengan mengacu pada                based on a people strategy that is formulated with reference
sejumlah pilar utama sebagai berikut:                                to the following key pillars:

1. Organization Readiness                                            1. Organizational Readiness
   Mencerminkan komitmen Perseroan dalam memastikan                     Reflects the Company’s commitment to ensuring
   kesiapan organisasi untuk mengakomodasi pertumbuhan                  organizational readiness to accommodate future business
   dan perkembangan usaha di masa depan. Upaya ini                      growth and development. This is achieved through
   dilakukan melalui perencanaan struktur organisasi yang               adaptive organizational structure planning, governance
   adaptif, penguatan tata kelola, serta penyelarasan fungsi            strengthening, and aligning the functions and roles
   dan peran setiap unit kerja agar mampu mendukung strategi            of each work unit to support the Company’s business
   bisnis Perseroan secara optimal.                                     strategy effectively.

2. People & Leadership Readiness                                     2. People & Leadership Readiness
   Berfokus pada penguatan kualitas SDM melalui berbagai                Focusing on strengthening human capital quality through
   program perekrutan, pengembangan, dan pengelolaan                    various recruitment, development, and performance
   kinerja yang terarah. Inisiatif ini juga mencakup langkah-           management programs. This initiative also includes
   langkah strategis dalam membangun dan mempersiapkan                  strategic steps to develop and prepare outstanding talent
   talenta unggul untuk mengisi posisi-posisi kunci dan                 to fill key positions and leadership roles in the future,
   kepemimpinan di masa mendatang, guna memastikan                      ensuring the organization’s continuity and resilience amid
   kesinambungan dan ketangguhan organisasi dalam                       industry dynamics.
   menghadapi dinamika industri.

3. Support & System Readiness                                        3. Support & System Readiness
   Perseroan fokus pada optimalisasi pemanfaatan teknologi              The Company focuses on optimizing technology use to
   untuk memperkuat digitalisasi fungsi Human Capital.                  accelerate the digitization of Human Capital functions.
   Upaya ini mencakup pengembangan dan implementasi                     These efforts include developing and implementing
   sistem informasi SDM yang terintegrasi, sehingga seluruh             an integrated HC information system to ensure that all




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   proses pengelolaan karyawan mulai dari rekrutmen,                  employee management processes, from recruitment and
   pengembangan kompetensi, hingga evaluasi kinerja                   competency development to performance evaluation,
   senantiasa dapat berjalan lebih efisien, transparan, dan           operate more efficiently, transparently, and in line with the
   selaras dengan transformasi digital Perseroan.                     Company’s digital transformation.

4. Industrial Relations Readiness                                 4. Industrial Relations Readiness
   Berfokus pada pengelolaan hubungan industrial yang                Focusing on managing harmonious industrial relations
   harmonis antara Perseroan dan seluruh karyawan.                   between the Company and all employees. These efforts
   Upaya ini diarahkan untuk menciptakan lingkungan kerja            aim to create a conducive, communicative, and fair work
   yang kondusif, komunikatif, dan berkeadilan, sehingga             environment, fostering comfort in daily work and ultimately
   menumbuhkan rasa nyaman dalam aktivitas kerja sehari-hari         increasing productivity and employee commitment to the
   sehingga pada akhirnya dapat meningkatkan produktivitas           Company’s goals.
   dan komitmen karyawan terhadap tujuan Perseroan.



Struktur Organisasi Pengelola SDM
Organizational Structure of Human Capital Management

Sebagai fungsi strategis dalam mendukung keberlangsungan          As a strategic function in supporting business continuity
dan pertumbuhan bisnis, pengelolaan Sumber Daya Manusia           and growth, human capital management at the Company is
(SDM) di Perseroan dilaksanakan secara terintegrasi dan           carried out in an integrated and focused manner under the
terarah di bawah koordinasi Divisi Human Capital, yang            coordination of the Human Capital Division, which is led
dipimpin oleh Kepala Divisi Human Capital. Divisi ini berperan    by the Head of the Human Capital Division. This division is
dalam merumuskan kebijakan, mengelola program, serta              responsible for formulating policies, managing programs, and
mengimplementasikan strategi pengembangan SDM sesuai              implementing human capital development strategies in line
arah bisnis Perseroan.                                            with the Company’s business direction.

Dalam pelaksanaannya, Divisi Human Capital didukung oleh          In its implementation, the Human Capital Division is supported
5 (Lima) Departemen, yaitu:                                       by 5 (five) departments, namely:
1. Departemen Human Capital Organization Development              1. Human Capital Organization Development (HCOD)
    (HCOD);                                                            Department;
2. Departemen Human Capital Talent Acquisition and Culture        2. Human Capital Talent Acquisition and Culture Department
    (HCTAC);                                                           (HCTAC);
3. Departemen Human Capital Learning and People                   3. Human Capital Learning and People Development
    Development (HCLPD);                                               Department (HCLPD);
4. Departemen Human Capital Talent, Career and Performance        4. Human Capital Talent, Career, and Performance Department
    (HCTCP);                                                           (HCTCP);
5. Departemen Human Capital Compensation and Benefit              5. Human Capital Compensation and Benefits Department
    (HC Comben); dan                                                   (HC Comben); and
6. Departemen Human Capital Industrial Relation (HCIR).           6. Human Capital Industrial Relations Department (HCIR).




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Secara keseluruhan, struktur organisasi Divisi Human Capital             Overall, the organizational structure of the Human Capital
per 31 Desember 2025 adalah sebagai berikut:                             Division as of December 31, 2025, is as follows:


                                                             Board of Directors

                                                  President Director : Siswadi
                                                  Directors          : Indra Gunawan
                                                  Directors          : Setia Budi
                                                  Directors          : Sri Harjati
                                                  Directors          : Valentina Chai Wei Li
                                                  Directors          : Daniel Hartono




                                                             President Director



                                                             Director in Charge



                                                           Human Capital Division




                            HC Talent             HC Learning               HC Talent,                   HC
 HC Organization                                                                                                        HC Industrial
                           Acquisition             and People               Career and              Compensation
  Development                                                                                                            Relation
                           and Culture            Development              Performance               and Benefit
  Department                                                                                                            Department
                           Department             Department               Department                Department




Profil Kepala Divisi Human Capital                                       Profile of the Head of the Human Capital Division




      Arlien Virginia Jonathan
      Kepala Divisi Human Capital | Head of Human Capital Division


       Usia                    46 Tahun
       Age                     46 years old

       Kewarganegaraan         Indonesia
       Nationality             Indonesian

       Dasar Pengangkatan      Surat Keputusan Direksi No. 020/PROMO/SK-HC/V/2020 Tanggal 1 Juni 2020
       Legal Basis of          Decree of the Board of Directors No. 020/PROMO/SK-HC/V/2020 dated June 1, 2020
       Appointment

       Riwayat Pendidikan      Sarjana Psikologi dari Universitas Atmajaya (2001)
       Educational             Bachelor of Psychology from Atmajaya University (2001)
       Background

       Riwayat Pekerjaan       •    Human Capital Organization Development Dept Head;
       Career History          •    Recruitment, Talent, & Reward Dept Head;
                               •    Recruitment & Talent Sub Dept Head;
                               •    Human Resources Officer.




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Pengembangan dan Kesiapan Organisasi
Organizational Development and Readiness

Dalam menghadapi dinamika industri pembiayaan yang semakin            In the face of the increasingly competitive, rapidly digitized,
kompetitif, terdigitalisasi dengan cepat, dan strictly regulated,     and strictly regulated dynamics of the financing industry, the
Perseroan memandang pentingnya penguatan kapasitas dan                Company considers it important to strengthen its organizational
kesiapan organisasi guna mendukung pertumbuhan bisnis                 capacity and readiness to support sustainable business growth.
yang berkelanjutan. Pengembangan organisasi difokuskan                Organizational development focuses on ensuring that the
untuk memastikan struktur, proses bisnis, serta kapabilitas           structure, business processes, and human capital capabilities
SDM mampu beradaptasi secara cepat terhadap perubahan                 can adapt quickly to changes in the business environment,
lingkungan usaha, regulasi, maupun kebutuhan debitur.                 regulations, and debtor needs. The Company also proactively
Perseroan juga secara proaktif melakukan peninjauan terhadap          reviews its organizational design, governance, and the
desain organisasi, tata kelola, serta efektivitas peran dan fungsi    effectiveness of roles and functions across all lines to ensure
di seluruh lini agar senantiasa selaras dengan strategi bisnis        they are always aligned with the Company’s business strategy
dan arah transformasi digital Perseroan.                              and digital transformation direction.

Pengembangan Organisasi                                               Organization Development
Perseroan menerapkan kerangka kerja Pengembangan                      The Company implements an Organization Development
Organisasi (Organization Development Framework) yang                  Framework that guides the development of an effective,
berfungsi sebagai panduan dalam membangun organisasi                  efficient, and sustainable organization in an increasingly
yang efektif, efisien, dan berkelanjutan di tengah dinamika           competitive, highly digitized financing industry.
industri pembiayaan yang semakin kompetitif dan terdigitalisasi
secara masif.

Kerangka ini dirancang untuk memastikan seluruh elemen                This framework is designed to ensure that all elements of the
organisasi bergerak secara sinergis dalam mendukung                   organization move in sync to achieve business objectives
pencapaian tujuan bisnis serta meningkatkan efisiensi alur            and improve workflow efficiency and relevance to evolving
kerja dan relevansi terhadap kebutuhan bisnis yang terus              business needs. The Organization Development framework
berkembang. Kerangka Organization Development tersebut                comprises four main pillars, namely Organization Design,
mencakup empat 4 (pilar) utama, yaitu Organization Design,            Productivity Measurement, Competency Management, and
Productivity Measurement, Competency Management, dan                  Change Management, which together form the foundation for
Change Management, yang secara terpadu menjadi landasan               improving organizational performance and resilience.
bagi peningkatan kinerja dan ketangguhan organisasi.




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Gambaran umum Kerangka Organization Development                  An overview of the Company’s Organization Development
Perseroan dapat dilihat pada bagan berikut:                      Framework is described in the following chart:



                                     Framework Pengembangan Organisasi FIFGROUP
                                      FIFGROUP Organization Development Framework




                          • Business Process Mapping               • Work Analysis
                          • Job Analysis                           • Productivity Standard
                          • Job Evaluation                         • Productivity Report
                          • Structure Organization                 • Productivity Control




                           Organization                                               Productivity
                           Design                                                    Measurement


                           Change                                                      Competency
                           Management                                                 Management




                          •	Organization                          • Job Competency
                             Change Initiatives                    •	Model Development
                          • Socialization of Change                   (Soft & Technical Competencies)
                          • Change Implementation




Kesiapan Kepemimpinan dan Regenerasi                             Leadership Readiness and Regeneration
Sebagai bagian dari komitmen dalam memastikan                    As part of its commitment to ensuring leadership continuity and
kesinambungan kepemimpinan dan keberlanjutan bisnis,             business sustainability, the Company has implemented a Talent
Perseroan menerapkan program Talent Management yang              Management program since 2009. This program is designed
telah berjalan sejak tahun 2009. Program ini dirancang untuk     to identify and develop high-potential employees, preparing
mengidentifikasi serta mengembangkan karyawan berpotensi         them for strategic roles in the future. Through performance
tinggi agar siap menduduki posisi strategis di masa depan.       and competency mapping, the Company has established a
Melalui proses pemetaan kinerja dan kompetensi, Perseroan        structured leadership regeneration mechanism aligned with
membangun mekanisme regenerasi kepemimpinan yang                 the direction of business transformation.
terstruktur dan selaras dengan arah transformasi bisnis.




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Pelaksanaan program ini mengacu pada Talent Management            The implementation of this program refers to the Talent
Framework yang mencakup pengelolaan karier secara                 Management Framework, which includes comprehensive career
komprehensif, mulai dari tahap rekrutmen, pengembangan,           management starting from the recruitment stage, development,
hingga retensi. Setiap tahun, komite khusus melakukan evaluasi    and retention. Every year, a special committee evaluates and
dan penetapan calon pengganti untuk posisi strategis dengan       determines candidates for strategic positions by classifying
mengklasifikasikan kandidat berdasarkan tingkat kesiapan,         them based on their readiness level, namely:
yakni:
1. Short-Term Candidate (STC) – kandidat dengan kesiapan          1. Short-Term Candidate (STC) – candidates with short-term
    jangka pendek (terbatas pada karyawan yang telah                 readiness (limited to employees who have been identified
    diidentifikasi sebagai talent);                                  as talent);
2. Medium-Term Candidate (MTC) – kandidat dengan kesiapan         2. Medium-Term Candidate (MTC) – candidates with medium-
    jangka menengah; dan                                             term readiness; and
3. Long-Term Candidate (LTC) – kandidat dengan kesiapan           3. Long-Term Candidate (LTC) – candidates with
    jangka panjang.                                                  long-term readiness.

Gambaran mengenai Talent Management Framework                     An overview of the Company’s Talent Management Framework
Perseroan disajikan pada bagan berikut:                           is presented in the following chart:




                                                     Succession
                                                    Planning RTC



                             Talent                        Talent                         Talent
                            Mapping                     Development                      Retention


                              Human                      Individual                     Compensation
                               Asset                    Development                       & Benefit
                            Value (HAV)                  Plan (IDP)                       Package



                               Career & Talent Information System (CATIS)




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Fokus Pengelolaan SDM Tahun 2025
Human Capital Management Focus in 2025

Perseroan memfokuskan pengelolaan SDM pada penguatan                 The Company focuses its Human Capital management on
kapabilitas dan ketahanan SDM sebagai fondasi utama dalam            strengthening Human Capital capabilities and resilience as
mendukung keberlanjutan dan pertumbuhan bisnis. Upaya                the main foundation in supporting business sustainability and
ini ditujukan untuk memastikan setiap karyawan memiliki              growth. These efforts aim to ensure that every employee
kompetensi yang relevan, mampu beradaptasi terhadap                  has the relevant competencies, can adapt to change, and is
perubahan, serta selaras dengan strategi transformasi dan            aligned with the Company’s transformation and digitalization
digitalisasi yang dijalankan Perseroan. Pengelolaan SDM              strategies. Human Capital management also aims to strengthen
juga diarahkan untuk memperkuat efektivitas organisasi               organizational effectiveness by implementing the most
melalui penerapan model organisasi yang paling sesuai serta          appropriate organizational model and leveraging data and
pemanfaatan data dan people analytics.                               people analytics.

Dalam mengelola talenta-talenta terbaik yang dimiliki, Perseroan     In managing its top talent, the Company consistently upholds
senantiasa menjunjung tinggi prinsip kesetaraan, keberagaman,        the principles of equality, diversity, and inclusion in the
dan inklusivitas di tempat kerja. Perseroan memastikan               workplace. The Company ensures that every individual has the
bahwa setiap individu memiliki kesempatan yang sama untuk            same opportunity to develop, receive transparent performance
berkembang, mendapatkan penilaian kinerja secara transparan,         assessment, and actively participate in employee organizations,
serta berpartisipasi aktif dalam organisasi karyawan tanpa           free from discrimination on the basis of gender, ethnicity, race,
membedakan gender, suku, ras, agama, atau latar belakang             religion, or other characteristics. These principles are supported
lainnya. Prinsip tersebut didukung melalui kebijakan hubungan        by adaptive industrial relations policies, strengthened employee
industrial yang adaptif, penguatan kesejahteraan karyawan,           welfare, and effective management of employment risks. By
serta pengelolaan risiko ketenagakerjaan. Melalui penerapan          implementing fair and objective policies, the Company is
kebijakan yang adil dan objektif, Perseroan berkomitmen              committed to creating an open, safe, and mutually respectful
menciptakan lingkungan kerja yang terbuka, aman, dan                 work environment.
saling menghargai.

Selaras dengan strategi bisnis jangka pendek dan jangka              In line with short-term and long-term business strategies, Human
panjang, pengelolaan SDM tentunya dilaksanakan secara                Capital management is conducted in an integrated manner,
terintegrasi dengan mempertimbangkan berbagai aspek                  taking into account various important aspects of an employee’s
penting dalam perjalanan karier karyawan. Hal ini mencakup           career path. This includes competency development, succession
pengembangan kompetensi, perencanaan suksesi,                        planning, employee welfare, continuing education, and support
peningkatan kesejahteraan, pendidikan berkelanjutan, serta           through retirement. This approach aims to foster adaptive
dukungan hingga masa purnatugas. Pendekatan ini bertujuan            readiness, resilience, and a collaborative spirit in driving
menumbuhkan kesiapan adaptif, ketangguhan, dan semangat              sustainable growth for both employees and the Company.
kolaboratif dalam mendorong pertumbuhan berkelanjutan bagi
karyawan maupun Perseroan.

Melalui serangkaian inisiatif tersebut, Perseroan berupaya           Through this series of initiatives, the Company strives to
membangun ekosistem kerja yang adaptif dan berdaya saing             build an adaptive and highly competitive work ecosystem.
tinggi, sehingga seluruh insan Perseroan dapat menjadi               Thus, all Company personnel can become the main drivers
penggerak utama inovasi, produktivitas, serta memperkuat             of innovation and productivity, as well as strengthen the
daya saing Perseroan di tengah dinamika industri pembiayaan          Company’s competitiveness amid the increasingly competitive
yang semakin kompetitif dan terdigitalisasi.                         and digitized dynamics of the financing industry.




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Rekrutmen dan Seleksi SDM
Recruitment and Selection of Human Capital

Strategi Rekrutmen dan Seleksi Karyawan                            Strategies and Innovations in the Recruitment Process
Perseroan memandang proses penerimaan karyawan sebagai             The Company views the employee recruitment process as an
bagian integral dari strategi pengelolaan sumber daya              integral part of its sustainable Human Capital management
manusia yang berkelanjutan, guna memastikan tersedianya            strategy, to ensure the availability of talented, capable
talenta yang berkualitas, berkapabilitas, serta selaras dengan     individuals who are aligned with the organization’s needs and
kebutuhan organisasi dan arah pengembangan bisnis                  the Company’s business development direction. The employee
Perseroan. Proses penerimaan karyawan dilaksanakan                 recruitment process is carried out in a standardized manner
secara terstandarisasi dengan mengacu pada ketentuan dan           with reference to the provisions and policies set forth in the
kebijakan yang ditetapkan dalam Surat Keputusan Direksi, serta     Board of Directors’ Decree, as well as considering Manpower
mempertimbangkan Manpower Planning (MPP), kebutuhan unit           Planning (MPP), work unit requirements, and short-term and
kerja, dan rencana pengembangan organisasi jangka pendek           long-term organizational development plans.
maupun jangka panjang.

Dalam rangka menjamin objektivitas, transparansi, dan              To ensure objectivity, transparency, and accountability,
akuntabilitas, Perseroan menerapkan mekanisme rekrutmen            the Company implements a structured and system-based
yang terstruktur dan berbasis sistem. Proses ini didukung          recruitment mechanism. This process is supported using
oleh pemanfaatan sistem digital dan platform internal yang         integrated digital systems and internal platforms, so that all
terintegrasi, sehingga seluruh tahapan rekrutmen dapat             stages of recruitment can be monitored, documented, and
dimonitor, terdokumentasi, dan dikendalikan sesuai standar         controlled in accordance with applicable standards. This
yang berlaku. Pendekatan tersebut juga memungkinkan                approach also allows for the expansion of candidate sources
perluasan sumber kandidat melalui mekanisme internal               through internal sourcing, Astra Group sourcing, and external
sourcing, Astra Group sourcing, maupun external sourcing,          sourcing mechanisms, while strengthening the management
sekaligus memperkuat pengelolaan talent pool sebagai sumber        of the talent pool as a strategic resource for the Company.
daya strategis Perseroan.

Proses penerimaan karyawan dimulai dari pengajuan kebutuhan        The employee recruitment process begins with the submission
tenaga kerja melalui Form Permintaan Tenaga Kerja (FPTK) yang      of workforce requirements through the Workforce Request Form
mengacu pada Recruitment Activity Plan (RAP). Tahapan seleksi      (FPTK) which refers to the Recruitment Activity Plan (RAP). The
meliputi seleksi administratif (shortlisting), tes psikometrik     selection stages include administrative selection (shortlisting),
sesuai kelompok jabatan, serta tahapan seleksi lanjutan seperti    psychometric tests according to job group, as well as further
Leaderless Group Discussion dan technical test untuk program       selection stages such as Leaderless Group Discussion and
pengembangan tertentu. Kandidat yang memenuhi kualifikasi          technical tests for specific development programs. Candidates
akan mengikuti proses wawancara berstruktur yang melibatkan        who meet the qualifications will undergo a structured interview
Human Capital, user, hingga Direksi sesuai dengan level dan        process involving Human Capital, users, and Directors according
kelompok jabatan.                                                  to their level and job group.

Selanjutnya, kandidat yang dinyatakan lulus wawancara akan         Then, candidates who pass the interview will undergo a
menjalani proses background checking untuk memastikan              background check to ensure the accuracy of their data, integrity,
kesesuaian data, integritas, dan kepatuhan terhadap ketentuan      and compliance with company regulations. Candidates who
perusahaan. Kandidat yang lolos seluruh tahapan seleksi akan       pass all stages of the selection process will receive a job offer
menerima penawaran kerja (offering) yang memuat informasi          containing information on the position, employment status,
jabatan, status kekaryawanan, kompensasi, dan benefit sesuai       compensation, and benefits in accordance with applicable
ketentuan yang berlaku. Sebagai bagian dari proses finalisasi,     regulations. As part of the finalization process, candidates are
kandidat diwajibkan menjalani pemeriksaan kesehatan (Medical       required to undergo a medical check-up at a health facility
Check-Up) di fasilitas kesehatan rekanan Perseroan.                partnered with the Company.




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Penerimaan karyawan secara resmi ditandai dengan                     The official hiring of employees is marked by the signing of an
penandatanganan perjanjian kerja, serta pemenuhan                    employment agreement and the completion of administrative
kelengkapan dokumen administratif. Penempatan karyawan               documents. Employee placement is done in accordance with
dilakukan sesuai dengan formasi Manpower Planning (MPP),             Manpower Planning (MPP) formations, job groups, and the
kelompok jabatan, serta kesiapan unit kerja penerima, dengan         readiness of the receiving work unit, with a placement schedule
jadwal penempatan yang telah ditetapkan oleh Perseroan.              determined by the Company.

Seluruh proses penerimaan karyawan dilaksanakan dengan               The entire employee recruitment process is in accordance with
menjunjung tinggi prinsip tata kelola perusahaan yang baik,          the principles of good corporate governance, compliance with
kepatuhan terhadap peraturan perundang-undangan, serta               laws and regulations, and protection of the confidentiality of
perlindungan atas kerahasiaan data dan dokumen kandidat.             candidate data and documents. The Company also ensures
Perseroan juga memastikan bahwa setiap tahapan seleksi               that each stage of the selection process is conducted fairly,
dilaksanakan secara adil, bebas konflik kepentingan, dan             free of conflicts of interest, and aligned with the Company’s
sejalan dengan nilai-nilai budaya Perseroan.                         cultural values.




                                                                                            Application                      User & HC
      Register               Prescreening                     Online Test
                                                                                              Form                           Interview




    Contract Signing                                                                                         Board of
   (Online Onboarding,                  Medical                                                          Director Interview
                                                                      Job Offering
    All Benefit, Active                Check Up                                                          (Video Conference
      Duration Day)                                                                                          Interview)




Pelaksanaan Proses Rekrutmen Tahun 2025                              Implementation of the 2025 Recruitment Process
Sepanjang tahun 2025, Perseroan merekrut sebanyak 2.869              Throughout 2025, the Company recruited 2,869 new
karyawan baru. Angka tersebut menunjukkan penurunan                  employees. This figure represents a 1.27% decrease compared
sebesar 1,27% dibandingkan tahun sebelumnya. Rincian                 to the previous year. Details of new employee recruitment
rekrutmen karyawan baru selama tahun 2025 disajikan                  during 2025 are presented as follows:
sebagai berikut:


   Jumlah Rekrutmen Berdasarkan
                                                                     Jumlah Rekrutmen Berdasarkan
       Kategori Professional                Jumlah (orang)                                                         Jumlah (orang)
                                                                                Gender
     Number of Recruitments by              Number (people)                                                        Number (people)
                                                                    Number of Recruitments by Gender
       Professional Category

 Fresh Graduate                                  2.869                           Perempuan                                747
                                                                                   Female

 Professional Hire                                  0                             Laki-Laki                              2.122
                                                                                    Male

 Jumlah                                          2.869                             Jumlah                               2.869
 Total                                                                              Total




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   Performance Highlights        Management Report             Company Profile




Realisasi rekrutmen tersebut mencerminkan komitmen              This recruitment reflects the Company’s commitment to
Perseroan dalam menjaga keseimbangan pemenuhan                  balancing Human Capital needs by hiring new employees
kebutuhan sumber daya manusia melalui perekrutan tenaga         in line with the organization’s requirements. The recruitment
kerja baru yang selaras dengan kebutuhan organisasi.            focus is on fresh graduates to strengthen the development of
Fokus rekrutmen diarahkan pada perekrutan talenta fresh         young talent, support organizational sustainability, and prepare
graduate sebagai upaya memperkuat regenerasi talenta muda       Human Capital aligned with the Company’s needs and values.
yang potensial, mendukung keberlanjutan organisasi, serta
menyiapkan sumber daya manusia yang dapat dikembangkan
sesuai dengan kebutuhan dan nilai-nilai Perseroan.



Kebijakan Penilaian Kinerja Karyawan
Employee Performance Assessment Policy

Perseroan menerapkan sistem penilaian kinerja yang objektif     The Company implements an objective and transparent
dan transparan guna mendorong setiap karyawan mencapai          performance assessment system to encourage every employee
hasil kerja optimal. Mekanisme ini berfungsi sebagai dasar      to achieve optimal work results. This mechanism serves as
bagi setiap karyawan dalam mengidentifikasi kebutuhan           a basis for each employee to identify their comprehensive
pengembangan diri secara komprehensif sehingga Perseroan        self-development needs so that the Company can design
dapat merancang program peningkatan kompetensi SDM yang         appropriate HC competency improvement programs and ensure
tepat dan memastikan keselarasan antara kinerja individu        alignment between individual performance and the company’s
dengan tujuan strategis perusahaan.                             strategic objectives.

Proses Penilaian Kinerja Karyawan                               Employee Performance Assessment Process
Perseroan senantiasa berupaya mendorong setiap karyawan         The Company always strives to encourage every employee to
untuk memberikan kinerja terbaik melalui penerapan sistem       give their best performance through the implementation of an
penilaian yang objektif, transparan, dan berkeadilan. Hasil     objective, transparent, and fair assessment system. The results
evaluasi dari proses penilaian tersebut menjadi dasar bagi      of the assessment process form the basis for Management in
Manajemen dalam menetapkan arah pengembangan karier             determining the direction of employee career development,
karyawan, baik dalam bentuk pemberian penghargaan, promosi      whether through awards, promotions, talent management, or,
jabatan, pengelolaan talenta melalui Talent Management,         if necessary, sanctions.
maupun pertimbangan pemberian sanksi apabila diperlukan.

Pelaksanaan penilaian kinerja karyawan dilakukan secara         Employee performance assessments are conducted periodically
berkala melalui review bulanan dan sesi Performance &           through monthly reviews and Performance & Development
Development Feedback (PDF) yang diselenggarakan dua kali        Feedback (PDF) sessions held twice a year. During these
dalam setahun. Dalam sesi ini, dilakukan proses coaching dan    sessions, coaching and counseling are provided to provide
counseling guna memberikan umpan balik konstruktif serta        constructive feedback and ensure that each employee continues
memastikan setiap karyawan terus berkembang sesuai target       to develop in line with set targets and strategic direction.
dan arah strategis yang ditetapkan.

Proses penilaian kinerja karyawan dimulai dengan penyusunan     The employee performance assessment process begins with
3 (tiga) dokumen utama oleh karyawan bersama atasan             the preparation of 3 (three) main documents by employees
langsung pada awal tahun, yaitu:                                together with their immediate supervisors at the beginning of
                                                                the year, namely:
1. Individual Activity Plan (IAP) sebagai acuan rencana         1. Individual Activity Plan (IAP) as a reference for the annual
   kerja tahunan;                                                   work plan;
2. Individual Performance Plan (IPP) sebagai tolok ukur         2. Individual Performance Plan (IPP) as a benchmark for
   pencapaian kinerja; dan                                          performance achievement; and
3. Individual Development Plan (IDP) sebagai panduan            3. Individual Development Plan (IDP) as a guide for competency
   pengembangan kompetensi dan karier.                              and career development.




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Setiap akhir tahun, Perseroan melaksanakan self-appraisal             At the end of each year, the Company conducts a self-appraisal
terhadap kinerja karyawan yang kemudian dilanjutkan dengan            of employee performance, which is then followed by a tiered
proses penilaian berjenjang oleh Komite Kinerja. Evaluasi ini         assessment process by the Performance Committee. This
mencakup sejumlah indikator, antara lain pencapaian Key               evaluation covers several indicators, including the achievement
Performance Indicators (KPI), kualitas pelaksanaan pekerjaan,         of Key Performance Indicators (KPIs), the quality of work
serta konsistensi penerapan nilai-nilai utama (core values)           performance, and the consistent application of the Company’s
Perseroan dalam aktivitas kerja sehari-hari. Melalui penerapan        core values in daily work activities. Through the implementation
mekanisme penilaian kinerja yang komprehensif, Perseroan              of a comprehensive performance assessment mechanism,
secara konsisten berupaya meningkatkan kapabilitas, motivasi,         the Company consistently strives to improve the capabilities,
dan kontribusi setiap karyawan agar mampu memberikan                  motivation, and contribution of each employee so that they
kinerja terbaiknya.                                                   are able to perform at their best.

Implementasi Penilaian Kinerja Karyawan                               Implementation of Employee Performance
Tahun 2025                                                            Assessment in 2025
Sampai dengan akhir tahun 2025, sebanyak 12.787 karyawan              By the end of 2025, there were 12,787 employees to undergo the
telah mengikuti proses penilaian kinerja. Proses ini dilaksanakan     performance assessment process. This process was conducted
melalui sistem yang terintegrasi dan mencakup seluruh aspek           through an integrated system and covered all important
penting dalam pengelolaan kinerja, mulai dari pemantauan              aspects of performance management, from KPI monitoring
KPI hingga evaluasi soft skills dan kompetensi teknis yang            to the evaluation of soft skills and technical competencies as
dituangkan dalam IDP.                                                 outlined in the IDP.



Kebijakan Remunerasi dan Program Kesejahteraan Karyawan
Remuneration Policy and Employee Welfare Program

Strategi Remunerasi Berlandaskan Prinsip 3P (Pay for                  Remuneration Strategy Based on the 3P Principle (Pay
Position, Pay for Person, Pay for Performance)                        for Position, Pay for Person, Pay for Performance)
Perseroan menerapkan kebijakan remunerasi dan paket                   The Company implements a fair, competitive, and performance-
kesejahteraan karyawan yang dirancang secara adil, kompetitif,        oriented employee remuneration and welfare package policy.
dan berorientasi pada kinerja. Kebijakan ini bertujuan untuk          This policy aims to ensure that each employee receives
memastikan setiap karyawan memperoleh imbalan yang                    compensation commensurate with their contribution to achieving
sepadan dengan kontribusinya terhadap pencapaian tujuan               the company’s objectives, while fostering sustainable motivation
perusahaan, sekaligus menciptakan motivasi dan kepuasan               and job satisfaction. In its implementation, the Company adopts
kerja yang berkelanjutan. Dalam pelaksanaannya, Perseroan             the 3P Principles applied within Astra International, namely:
mengadopsi prinsip 3P yang diterapkan di lingkungan Astra
International, yaitu:
1. Pay for Position                                                   1. Pay for Position
    Kompensasi diberikan sesuai dengan jabatan dan tanggung              Compensation is provided in accordance with the position
    jawab karyawan, dengan mengacu pada struktur remunerasi              and responsibilities of employees, with reference to a
    yang selaras dengan standar Astra Group serta kompetitif             remuneration structure that is in line with Astra Group
    terhadap kondisi pasar tenaga kerja.                                 standards and competitive with labor market conditions.

2. Pay for People                                                     2. Pay for People
   Penghargaan diberikan berdasarkan kompetensi dan                      Awards are given based on individual competence and
   kapabilitas individu yang tercermin dalam Human                       capabilities as reflected in Human Asset Value, to encourage
   Asset Value, guna mendorong pengembangan diri                         self-development and improvement of skills relevant to the
   serta peningkatan keahlian yang relevan dengan                        needs of the organization.
   kebutuhan organisasi.




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3. Pay for Performance                                               3. Pay for Performance
   Setiap karyawan dinilai dan diberikan penghargaan sesuai             Each employee is assessed and rewarded according to
   dengan hasil kinerja yang dicapai melalui mekanisme                  their performance results through an annual Performance
   Performance assessment tahunan. Prinsip ini menegaskan               assessment mechanism. This principle emphasizes the
   keterkaitan langsung antara pencapaian kinerja dan imbal             direct link between performance achievements and rewards,
   hasil, serta menumbuhkan budaya kerja yang berorientasi              and fosters a performance-driven culture.
   pada hasil (performance-driven culture).

Penerapan prinsip 3P ini memastikan terciptanya keseimbangan         The application of the 3P principle ensures a balance between
antara keadilan internal dan daya saing eksternal, sekaligus         internal fairness and external competitiveness, while also
menjadi landasan yang kokoh dalam penetapan kebijakan                providing a solid foundation for determining employee
kompensasi karyawan. Kerangka konsep penerapan prinsip               compensation policies. The conceptual framework for applying
tersebut dapat dilihat pada bagan berikut:                           this principle is illustrated in the following chart:




                       PAY FOR POSITION                                PAY FOR PERSON                   PAY FOR PERFORMANCE




  Company Strategy                            Business Process


                                                                                                               Company KPI &
                                                                                                                  Target
                             Organization
                              Structure

                                                                                                               Industrial KPI &
                                                                                                                   Target
                            Job Description


                                                                  Competence               Talent               Performance
                                                                    Model               Management               Evaluation



   Job Value                 Job Grading                             Job                                         Individual
                                                                                        People Value
                                                                  Competence                                    Performance


               Internal Equity

                                                     FIF Salary                           Individual            Performance
                                                     Structure                          Salary Review             Reward
          External Competitiveness




                            Compensation
  Astra Salary
                               Survey



                        •     Finser Industry
                        •     Cost of Living
                        •     Governance Regulation




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Dari ketiga prinsip remunerasi yang dijalankan, konsep Pay for     Of the three remuneration principles implemented, the Pay
People menjadi wujud komitmen Perseroan dalam menghargai           for People concept embodies the Company’s commitment
potensi dan keunikan setiap individu. Penerapan konsep ini         to valuing each individual’s potential and uniqueness. The
difokuskan pada karyawan golongan 4–6 melalui kerangka             application of this concept focuses on employees in groups
Human Asset Value yang menempatkan kompetensi dan nilai            4–6 using the Human Asset Value framework, which bases
personal sebagai dasar penentuan remunerasi.                       remuneration on competence and personal value.

Perseroan memastikan setiap proses dijalankan secara terbuka       The Company ensures that every process is carried out openly
dan komunikatif, agar seluruh karyawan memahami prinsip yang       and communicatively, allowing all employees to understand
melandasinya. Dengan demikian, kebijakan ini tidak hanya           the principles behind it. Thus, this policy not only creates a fair
menciptakan sistem kompensasi yang adil dan transparan,            and transparent compensation system but also fosters a work
tetapi juga menumbuhkan budaya kerja yang menghargai               culture that values diversity and self-development.
keberagaman dan pengembangan diri.

Fasilitas dan Jaminan Kesejahteraan Karyawan                       Employee Facilities and Welfare Benefits
Sebagai wujud komitmen dalam menciptakan lingkungan                As a manifestation of its commitment to creating a prosperous
kerja yang sejahtera dan produktif, Perseroan menyediakan          and productive work environment, the Company offers
berbagai program kesejahteraan yang kompetitif melalui             competitive welfare programs, providing facilities and benefits
pemberian fasilitas dan jaminan yang dirancang secara adil         designed to be fair and proportionate. All of these policies
serta proporsional. Seluruh kebijakan tersebut disusun dengan      are formulated with consideration for the contributions,
mempertimbangkan kontribusi, tanggung jawab, dan nilai             responsibilities, and value of each individual’s work.
pekerjaan masing-masing individu.

Komponen tunjangan dan jaminan kesejahteraan yang diterima         The components of allowances and welfare benefits received
karyawan, antara lain meliputi:                                    by employees include:
1. Tunjangan Hari Raya;                                            1. Holiday Allowance;
2. Tunjangan Pendukung Kerja (transportasi, makan,                 2. Work Support Allowance (transportation, meals, operational,
   operasional, komunikasi);                                          communication);
3. Dana Pensiun;                                                   3. Pension Fund;
4. Fasilitas Pengobatan (rawat jalan);                             4. Medical Care (outpatient);
5. Asuransi Kesehatan (rawat inap dan persalinan);                 5. Health Insurance (inpatient and childbirth);
6. Asuransi Jiwa dan Asuransi Kecelakaan;                          6. Life Insurance and Accident Insurance;
7. Penghargaan Masa Kerja; dan                                     7. Years of Service Reward; and
8. Hadiah Kinerja.                                                 8. Performance Reward.

Dalam rangka memperkuat budaya pembelajaran dan inovasi,           To strengthen a culture of learning and innovation, the
Perseroan juga mengimplementasikan sistem penghargaan              Company has implemented a points-based reward system
berbasis poin yang disebut Value Internalization Point (VIP).      called Value Internalization Points (VIP). This system rewards
Sistem ini memberikan apresiasi kepada karyawan yang               employees who participate in various development activities,
berpartisipasi dalam berbagai kegiatan pengembangan, seperti       including training, knowledge sharing, participation in the
pelatihan, sharing knowledge, FIFGROUP Innovation Award,           FIFGROUP Innovation Award, teaching, and similar initiatives.
kegiatan mengajar, dan aktivitas sejenis lainnya. Selanjutnya,     Furthermore, points collected by employees can be redeemed
poin yang sudah dikumpulkan oleh karyawanndapat ditukarkan         for a range of attractive gifts tailored to each employee’s needs
dengan berbagai hadiah menarik yang disesuaikan dengan             and preferences.
kebutuhan dan preferensi masing-masing karyawan.




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Turnover Karyawan
Employee Turnover

Perseroan secara konsisten melakukan pemantauan terhadap            The Company consistently monitors employee turnover rates
tingkat turnover karyawan sebagai salah satu indikator penting      as an important indicator in assessing the effectiveness of
dalam menilai efektivitas pengelolaan sumber daya manusia.          Human Capital management. Controlling turnover rates is a
Pengendalian tingkat turnover menjadi fokus utama untuk             key focus for maintaining workforce stability, ensuring optimal
menjaga stabilitas tenaga kerja serta memastikan keberlanjutan      implementation of work programs, and minimizing disruptions
pelaksanaan program kerja secara optimal, serta meminimalkan        to organizational performance.
potensi gangguan terhadap pencapaian kinerja organisasi.

Perseroan secara konsisten melakukan analisis dan                   The Company consistently conducts market analysis and
benchmarking pasar, khususnya untuk posisi-posisi strategis         benchmarking, particularly for strategic positions, as part of its
sebagai bagian dari strategi pengelolaan SDM guna memastikan        Human Capital management strategy to ensure competitiveness
daya saing dalam merekrut kandidat karyawan baru dan                in recruiting new employees and retaining top talent. In line
mempertahankan talenta-talenta unggul. Selaras dengan itu,          with this, the Company also continues to implement employee
Perseroan juga terus mengimplementasikan program-program            engagement improvement programs to strengthen motivation,
peningkatan engagement karyawan untuk memperkuat                    loyalty, and sustainable contribution.
motivasi, loyalitas, dan kontribusi berkelanjutan.

Sepanjang tahun 2025, tingkat turnover karyawan Perseroan           Throughout 2025, the Company’s employee turnover rate was
tercatat sebesar 18,15%, atau setara dengan 271 karyawan.           18.15%, equivalent to 271 employees. Details of turnover data
Rincian data turnover seluruh karyawan dan karyawan kunci           for all employees and key people over the last five years are
(key people) selama lima tahun terakhir disajikan pada              presented in the following table:
tabel berikut:


        Tahun                     Turnover Seluruh Karyawan                                 Turnover Karyawan Kunci
         Year                       Total Employee Turnover                                   Key People Turnover

 2025                                       18,15%                                                   3,71%

 2024                                       18,42%                                                   3,58%

 2023                                      15,50%                                                    3,58%

 2022                                       15,07%                                                   8,92%

 2021                                      18,92%                                                    8,20%




Program Peningkatan Kompetensi SDM Tahun 2025 dan Realisasi Biayanya
Employee Competency Development Program In 2025 and Its Budget Realization

Program Pengembangan Kompetensi                                     Competency Development Program
Perseroan berkomitmen untuk terus meningkatkan kapabilitas          The Company is committed to continuously improving each
dan kompetensi setiap karyawan agar mampu bersaing secara           employee’s capabilities and competencies so they can compete
profesional serta adaptif terhadap dinamika industri pembiayaan.    professionally and adapt to the dynamics of the financing
Langkah konkret Perseroan akan hal ini diwujudkan melalui           industry. The Company’s concrete steps in this regard are
pelaksanaan berbagai program pengembangan kompetensi                implemented through various human resource competency
SDM mulai dari development journey untuk sarana reskilling          development programs ranging from development journeys
serta development program untuk sarana upskilling yang              for reskilling to development programs for upskilling, all of
seluruhnya tercatat dalam Individual Development Plan (IDP)         which are recorded in the employee’s Individual Development
karyawan.                                                           Plan (IDP).




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Learning & People Development Department telah berperan            The Learning & People Development Department has served as
sebagai pusat pelatihan dan pengembangan SDM di Perseroan          the Company’s Human Capital training and development center,
yang diperuntukan khusus untuk mendukung pengembangan              specifically designed to support the continuous development
karyawan secara berkelanjutan serta sejalan dengan tujuan          of employees in line with the Company’s strategic objectives.
strategis Perseroan. Program-program unggulan yang                 The flagship programs offered are structured into three
diselenggarakan terlah tersusun secara terstruktur berdasarkan     main categories:
3 (tiga) kategori utama:

1. Development Program                                             1. Development Program
   Program Pelatihan yang bertujuan untuk sarana upskilling           Training programs aimed at upskilling employees. Based on
   karyawan. Berdasarkan source trainee, terbagi menjadi              the source of trainees, these are divided into two categories:
   2 yaitu:
   a. Internal: source berasal dari karyawan existing dengan           a. Internal: sources come from existing employees with
      tujuan untuk promosi dan standarisasi kompetensi.                   the aim of promotion and competency standardization.
   b. External: source berasal dari external atau non karyawan         b. External: sources from external or non-employee (new
      (new hire) dengan tujuan untuk mencetak leader baru.                hires) to create new leaders.

2. Development Journey                                             2. Development Journey
   Program pelatihan yang diselenggarakan oleh FIFGROUP               A training program organized by FIFGROUP for employees
   untuk karyawan berdasarkan learning path jabatan dan area          based on job learning paths and development areas
   pengembangan berdasarkan Astra Leadership Competency               according to Astra Leadership Competency (ALC), with
   (ALC) dengan tujuan untuk pengembangan kompetensi                  the aim of developing employee competencies. Based on
   karyawan. Berdasarkan source peserta, terbagi menjadi              the source of participants, it is divided into two categories:
   2 yaitu:
   a. Key People: Karyawan yang tercatat dalam data                    a. Key People: Employees listed in the employee database
      karyawan sebagai key people.                                        as key people.
   b. Non-Key People: Karyawan yang tercatat dalam data                b. Non-Key People: Employees registered in the employee
      karyawan sebagai non-key people.                                    database as non-key people.

3. Knowledge Management Activity                                   3. Knowledge Management Activity
   Program rutin setiap bulan yang diselenggarakan Perseroan          A monthly program organized by the Company to support
   untuk mendukung pengembangan karyawan melalui                      employee development through the exchange of insights
   pertukaran wawasan dan pengalaman baik dari narasumber             and experiences from both internal and external speakers.
   internal dan external. Program ini menjadi wadah bagi              This program provides a platform for employees to expand
   karyawan untuk memperluas pengetahuan dan perspektif               their knowledge and perspectives collaboratively.
   secara kolaboratif.

Melalui pelaksanaan berbagai program pengembangan                  By implementing various competency development programs,
kompetensi ini, Perseroan meyakini setiap karyawan dapat           the Company believes every employee can continue to grow
terus tumbuh dan berkontribusi secara maksimal, sehingga           and contribute optimally, thereby creating strong synergy
tercipta sinergi yang kuat dalam mencapai tujuan jangka            in achieving the Company’s long-term goals. These efforts
panjang Perseroan. Upaya ini sekaligus memperkuat kapabilitas      also strengthen Human Capital capabilities to be competent,
SDM agar kompeten, adaptif, dan siap menghadapi tantangan          adaptive, and ready to address future challenges in the
industri pembiayaan di masa depan.                                 financing industry.

Pada tahun 2025, Perseroan telah menyelenggarakan beragam          In 2025, the Company organized various training and
program pelatihan dan pengembangan kompetensi bagi                 competency development programs for employees, divided
karyawan yang terbagi dalam 3 (tiga) kategori utama di bawah       into three main categories under the FIFGROUP Academy,
FIFGROUP Academy, yaitu sebagai berikut:                           as follows:




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Development Program


       Nama Pelatihan                  Jadwal                Jumlah Peserta              Institusi Penyelenggara      Jenis Pelatihan
        Training Title                Schedule             Number of Participants          Organizing Institution     Type of Training

 Development Program Internal

 Branch Leader               Maret, Juni, Agustus                   55                         FIFGROUP             Development Program
 Development Program         March, June, August                                                                          (Hybrid)
 (BLDP)

 Representative Head         April, Juli, September                 92                         FIFGROUP             Development Program
 Development Program         April, July, September                                                                       (Online)
 (RHDP)

 Section Head Development    Maret, Mei, Juli,                      112                        FIFGROUP             Development Program
 Program CR+FINATRA          September, November                                                                          (Online)
 (SHDP CR+FINATRA)           March, May, July,
                             September, November

 Section Head Development    April, September                       22                         FIFGROUP             Development Program
 Program CREDIT              April, September                                                                             (Online)
 (SHDP CREDIT)

 Section Head Development    Februari                               18                         FIFGROUP             Development Program
 Program SUPPORT             February                                                                                     (Online)
 (SHDP SUPPORT)

 Coordinator Development     Maret, Juni, September                 240                        FIFGROUP             Development Program
 Program Unit Head           March, June, September                                                                       (Online)
 (CODP UH)

 Coordinator Development     Maret, Juli, September                 94                         FIFGROUP             Development Program
 Program Account Officer     March, July, September                                                                       (Online)
 (CODP AO)

 Coordinator Development     Maret, Mei, September                  226                        FIFGROUP             Development Program
 Program FINATRA             March, May, September                                                                        (Hybrid)
 (CODP FINATRA)

 Coordinator Development     Mei                                    28                         FIFGROUP             Development Program
 Program Finance             May                                                                                          (Online)
 Coordinator (CODP FINCOR)

 Coordinator Development     Maret, Juli                            126                        FIFGROUP             Development Program
 Program Collection &        March, July                                                                                  (Online)
 Remedial (CODP CR)

 Coordinator Development     April                                  30                         FIFGROUP             Development Program
 Program Credit              April                                                                                        (Online)
 (CODP CREDIT)

 Management Trainee          Februari, Juli, Oktober                 41                        FIFGROUP             Development Program
 Future                      February, July, October                                                                      (Offline)

 Management Trainee          Mei, Agustus                           25                     FIFGROUP, UTOPIQ         Development Program
 Future Data & Technology    May, August                                                                                  (Offline)

 Branch Junior Development   Februari, Maret, Mei, Juli,            99                         FIFGROUP             Development Program
 Program                     September                                                                                    (Offline)
                             February, March, May,
                             July, September




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                                   Business Support Review    Management Discussion and Analysis            Corporate Governance




Development Journey


                             Materi                             Level Jabatan                       Jadwal Pelatihan
                            Materials                           Position Level                      Training Schedule

Development Journey: Key People

Optimizing Data Analysis With Spark                                    3                           Januari – Desember
                                                                                                   January - December

ABMP                                                                  77                           Januari – Desember
                                                                                                   January - December

ACFE Indonesia Chapter National Anti-Fraud Conference                  2                           Januari - Desember
2025                                                                                               January - December

AFMP                                                                  44                           Januari – Desember
                                                                                                   January - December

AGMEP                                                                  1                           Januari – Desember
                                                                                                   January - December

AGMP                                                                   1                           Januari – Desember
                                                                                                   January - December

Ai Promp Engineering                                                  11                           Januari – Desember
                                                                                                   January - December

Airsi Workshop 2025                                                    1                           Januari – Desember
                                                                                                   January - December

ALC Workshop                                                           2                           Januari – Desember
                                                                                                   January - December

AMMP                                                                  11                           Januari – Desember
                                                                                                   January - December

Analisa Transaksi Keuangan yang Mencurigakan bagi                      1                           Januari – Desember
Perusahaan Pembiayaan                                                                              January - December

Share Ownership Based on Institutional Status

ASRMP                                                                  7                           Januari – Desember
                                                                                                   January - December

Astra Human Capital Conference                                        27                           Januari – Desember
                                                                                                   January - December

Auditor Internal Anti-Bribery                                          3                           Januari – Desember
                                                                                                   January - December

Auditor Internal terkait Information Security                          3                           Januari – Desember
                                                                                                   January - December

Creative Thinking and Decision Making                                 144                          Januari – Desember
                                                                                                   January - December

Crucial Conversation                                                   6                           Januari – Desember
                                                                                                   January - December

Designing Sustainability Roadmap Based on ISO 26000                    1                           Januari – Desember
                                                                                                   January - December

DMAIC Black Belt                                                       5                           Januari – Desember
                                                                                                   January - December




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   Performance Highlights               Management Report         Company Profile




                             Materi                                 Level Jabatan      Jadwal Pelatihan
                            Materials                               Position Level     Training Schedule

 DMAIC Green Belt                                                         26          Januari – Desember
                                                                                      January - December

 DMAIC Yellow Belt                                                         3          Januari – Desember
                                                                                      January - December

 Economic Outlook 2026                                                     2          Januari – Desember
                                                                                      January - December

 Effective Leadership                                                      2          Januari – Desember
                                                                                      January - December

 Effective Procurement Management                                          1          Januari – Desember
                                                                                      January - December

 Enhancing Customer Satisfaction                                          17          Januari – Desember
                                                                                      January - December

 Excel 365                                                               169          Januari – Desember
                                                                                      January - December

 Executive Sharia for Multifinance                                         1          Januari – Desember
                                                                                      January - December

 Gifthub Enterprise Administration                                        10          Januari – Desember
                                                                                      January - December

 Greenship Associate Training Medan On-Site                                2          Januari – Desember
                                                                                      January - December

 Hclm                                                                     35          Januari – Desember
                                                                                      January - December

 Impactful Powerpoint & Presentation Skills                               72          Januari – Desember
                                                                                      January - December

 Implementing Governance, Risk Management, and                             1          Januari – Desember
 Compliance                                                                           January - December

 Implementasi Internal Control over Financial Reporting (Icofr)            1          Januari – Desember
                                                                                      January - December

 Improve Performance by Integrating Esg Factors                            1          Januari – Desember
                                                                                      January - December

 Internal Internship                                                       2          Januari – Desember
                                                                                      January - December

 International Seminar "Global, Asean And Indonesia                        3          Januari – Desember
 Challenges To Indonesia Economy"                                                     January - December

 IR Short Course 2025                                                      1          Januari – Desember
                                                                                      January - December

 LRMDP Basic                                                               3          Januari – Desember
                                                                                      January - December

 KM Training                                                               1          Januari – Desember
                                                                                      January - December

 Leading at The Speed of Trust                                             2          Januari – Desember
                                                                                      January - December




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                                  Business Support Review        Management Discussion and Analysis            Corporate Governance




                            Materi                                 Level Jabatan                       Jadwal Pelatihan
                           Materials                               Position Level                      Training Schedule

Legal Opinion Training                                                    3                           Januari – Desember
                                                                                                      January - December

Managing Data for Better Decision Making                                 53                           Januari – Desember
                                                                                                      January - December

Measuring the Social Return of Investment (SROI)                          2                           Januari – Desember
                                                                                                      January - December

Merger & Acquisition pada Perusahaan Terbuka: Strategi,                   1                           Januari – Desember
Regulasi, dan Peran Corporate Secretary                                                               January - December

Merger & Acquisition in Public Companies: Strategy,
Regulation, and the Role of the Corporate Secretary

MMA                                                                       5                           Januari – Desember
                                                                                                      January - December

Network Leadership Growing Space                                         20                           Januari – Desember
                                                                                                      January - December

New Corporate Governance Directorship (LICD)                              1                           Januari – Desember
                                                                                                      January - December

Pelatihan Akuisisi Credit Mikro                                          10                           Januari – Desember
Microcredit Acquisition Training                                                                      January - December

Pelatihan Integrated Anti-Fraud Management System                         2                           Januari – Desember
Integrated Anti-Fraud Management System Training                                                      January - December

Pelatihan Manajemen Risiko                                                1                           Januari – Desember
Risk Management Training                                                                              January - December

Pemahaman Dasar Perbankan Syariah                                         2                           Januari – Desember
Basic Understanding of Sharia Banking                                                                 January - December

Pemahaman Regulasi Peraturan Menteri Pekerjaan Umum                       5                           Januari – Desember
Dan Perumahan Rakyat No. 21 Tahun 2021 Tentang Penilaian                                              January - December
Kinerja Bangunan Gedung Hijau

Understanding Regulations Minister of Public Works and Public
Housing Regulation No. 21 Of 2021 Concerning Green Building
Performance Assessment

Pendidikan Khusus Profesi Advokat (Pkpa)                                  1                           Januari – Desember
Special Education for the Legal Profession (Pkpa)                                                     January - December

Pengelolaan Kompensasi Karyawan                                           2                           Januari – Desember
                                                                                                      January - December
Employee Compensation Management

Pengelolaan Rekrutmen & Employer Branding                                 1                           Januari – Desember
                                                                                                      January - December
Recruitment Management & Employer Branding

People Analytics Bootcamp                                                 1                           Januari – Desember
                                                                                                      January - December

Personal Branding & Effective Communication                              53                           Januari – Desember
                                                                                                      January - December

Personal Branding & Excellent Public Speaking Skills                     41                           Januari – Desember
                                                                                                      January - December




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   Performance Highlights                Management Report    Company Profile




                              Materi                            Level Jabatan      Jadwal Pelatihan
                             Materials                          Position Level     Training Schedule

 Power of Communication and Effective Public Speaking                  1          Januari – Desember
                                                                                  January - December

 Practical Problem Solving                                            10          Januari – Desember
                                                                                  January - December

 Presentation Skill                                                   11          Januari – Desember
                                                                                  January - December

 Project Assignment                                                  168          Januari – Desember
                                                                                  January - December

 Project Management                                                    7          Januari – Desember
                                                                                  January - December

 Querying Data with Transact Sql                                       2          Januari – Desember
                                                                                  January - December

 Seminar Nasional "Arah Kebiajakan Ojk Tahun 2025 Dan                 16          Januari – Desember
 Strategi Pertumbuhan Ekonomi Pemerintah Baru"                                    January - December

 National Seminar "Ojk Policy Direction’s for 2025 And The
 New Government's Economic Growth Strategy"

 Seminar Nasional Dua Hari Tentang Ketentua Terbaru                    1          Januari – Desember
 Penyelenggaraan Program Jaminan Kehilangan Pekerjaan                             January - December
 (Jkp) Pp Nomor 6 Tahun 2025 & Permenaker No. 1 Tahun 2025

 Two-Day National Seminar on the Latest Regulations for the
 Implementation of the Job Loss Insurance Program (Jkp) Pp
 No. 6 Of 2025 & Permenaker No. 1 Of 2025

 Strategic Sensibility: Beyond the Connection                          1          Januari – Desember
                                                                                  January - December

 Successful Managing Task                                             80          Januari – Desember
                                                                                  January - December

 Talent Management Program                                             2          Januari – Desember
                                                                                  January - December

 Team Leadership (Becoming Flexible Leader)                            2          Januari – Desember
                                                                                  January - December

 TFT BSP                                                               8          Januari – Desember
                                                                                  January - December

 Training Analisa Bahasa Tubuh & Analisa Forensik Dokumen              2          Januari – Desember
                                                                                  January - December
 Body Language Analysis & Document Forensic Analysis
 Training

 Training Need Analysis                                               20          Januari – Desember
                                                                                  January - December

 Workshop Digital Forensics                                            3          Januari – Desember
                                                                                  January - December

 Workshop Facilitating Learning Experience                            24          Januari – Desember
                                                                                  January - December

 Workshop Learning Need Analysis                                      30          Januari – Desember
                                                                                  January - December




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                                  Business Support Review               Management Discussion and Analysis               Corporate Governance




                             Materi                                         Level Jabatan                        Jadwal Pelatihan
                            Materials                                       Position Level                       Training Schedule

Development Journey: Non-Key People

Basic Selling Skill                                                             7.121                          Januari – Desember
                                                                                                               January - December

Credit Management for Credit Analyst                                             40                            Januari – Desember
                                                                                                               January - December

Credit Management for Field Verifier                                             30                            Januari – Desember
                                                                                                               January - December

Collection and Remedial Management                                              6.188                          Januari – Desember
                                                                                                               January - December

Five Steps of SS                                                                 140                           Januari – Desember
                                                                                                               January - December

Leader Mentoring for Coordinator                                                 483                           Januari – Desember
                                                                                                               January - December

Microsoft Excel                                                                  158                           Januari – Desember
                                                                                                               January - December

Negotiation for the Field                                                       6.459                          Januari – Desember
                                                                                                               January - December

New Motorcycle for Marketing Representative                                      88                            Januari – Desember
                                                                                                               January - December

Service Mudah                                                                   586                            Januari – Desember
Easy Service                                                                                                   January - December

UFI Management                                                                  6.266                          Januari – Desember
                                                                                                               January - December



Knowledge Management Activity


     Nama Pelatihan                      Jadwal               Jumlah Peserta              Institusi Penyelenggara        Jenis Pelatihan
      Training Name                     Schedule            Number of Participants          Organizing Institution       Type of Training

2 Learn 2 Share (2L2S)          Januari – Desember                  8.610                       FIFGROUP                Knowledge Sharing
                                January - December

Community Of Learning           Januari – Desember                 165.624                      FIFGROUP                Knowledge Sharing
(COOL)                          January - December

Leaderstalk                     Januari – Desember                 36.733                       FIFGROUP                Knowledge Sharing
                                January - December

MOBIC                           Januari – Desember                 12.702                       FIFGROUP                Knowledge Sharing
                                January - December




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   Performance Highlights         Management Report             Company Profile




Selain fokus pada pengembangan kompetensi karyawan               In addition to focusing on the general development of employee
secara umum, Perseroan juga menyelenggarakan program             competencies, the Company also organizes development
pengembangan yang menyasar pada technical dan soft               programs that target technical and soft competencies. External
competency. Technical competency diberikan oleh fasilitator      facilitators provide technical competencies through public
eksternal melalui public training yang diselenggarakan           training organized by qualified vendors to support work needs.
oleh vendor berkualitas untuk menunjang kebutuhan kerja.         Soft competencies are delivered by internal facilitators, such
Soft competency diberikan oleh fasilitator internal seperti      as management and area people management, who have
management dan area people management yang sudah                 completed Training For Trainers (TFT) programs to support
diberikan program training for trainers (TFT) untuk menunjang    employee needs.
kebutuhan karyawan.

Berikut adalah rincian pelaksanaan kegiatan pelatihan yang       The following are details of training activities organized by the
diselenggarakan Perseroan selama 2025:                           Company during 2025:

Realisasi Biaya Program Pelatihan dan                            Budget Realization of HC Training and Development
Pengembangan SDM Tahun 2025                                      Program in 2025
Sepanjang tahun 2025, FIFGROUP Academy merealisasikan            Throughout 2025, FIFGROUP Academy realized a training and
anggaran pelatihan dan pengembangan SDM sebesar                  HC development budget of Rp55,910,159,140, ​​or equivalent
Rp55.910.159.140, atau setara dengan 107,95 % dari total         to 107.95% of the total planned budget of Rp51,793,194,996.
rencana anggaran sebesar Rp51.793.194.996.



Sertifikasi Kompetensi Karyawan
Employee Competency Certification

Dalam upaya menjaga standar kompetensi sesuai ketentuan          To maintain competency standards in line with applicable
industri dan regulasi yang berlaku, Perseroan mewajibkan         industry and regulatory requirements, the Company
karyawan yang menjalankan fungsi tertentu untuk memiliki dan     requires employees performing certain functions to obtain
memperbarui sertifikasi kompetensinya secara berkala sesuai      and periodically renew their competency certifications in
standar OJK. Kebijakan ini sejalan dengan ketentuan POJK No.     accordance with OJK standards. This policy is in line with
43/POJK.05/2024 tentang Pengembangan Kualitas SDM pada           POJK No. 43/POJK.05/2024 concerning Human Capital
Lembaga Pembiayaan, Perusahaan Modal Ventura, Lembaga            Quality Development in Financing Institutions, Venture Capital
Keuangan Mikro, dan Lembaga Jasa Keuangan Lainnya, yang          Companies, Microfinance Institutions, and Other Financial
mensyaratkan pelaku industri jasa keuangan non-bank memiliki     Services Institutions, which requires non-bank financial service
sertifikasi sesuai bidang tugasnya.                              industry players to have certifications in accordance with their
                                                                 respective fields of work.

Pada tahun 2025, program sertifikasi difokuskan pada             In 2025, the certification program focuses on developing
pengembangan kemampuan teknis dan profesional sesuai             technical and professional skills in accordance with applicable
standar industri dan regulasi yang berlaku. Program ini          industry standards and regulations. This program provides
memberikan kesempatan kepada karyawan dari berbagai              opportunities for employees across all levels and divisions to
tingkatan dan divisi untuk meningkatkan keahlian dan             enhance their expertise and credibility and strengthen their
kredibilitas, sekaligus memperkuat kontribusi mereka terhadap    contributions to achieving the Company’s strategic objectives.
pencapaian tujuan strategis Perseroan.




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                                     Business Support Review                   Management Discussion and Analysis          Corporate Governance




Hingga akhir Desember 2025, tercatat sebanyak 1.432                             By the end of December 2025, a total of 1,432 employees
karyawan telah memiliki sertifikasi kompetensi sesuai ketentuan                 had obtained competency certifications in accordance with
yang dipersyaratkan oleh OJK, dengan rincian sebagai berikut:                   the requirements set by the OJK, with the following details:


            Jenis Sertifikasi                      Lembaga Sertifikasi                         Jadwal                    Total Peserta
          Type of Certification                   Certification Institution                   Schedule                  Total Participants

 Sertifikat Keahlian di Bidang                             SPPI                         Januari – Desember                     177
 Pembiayaan                                                                             January – December
 Certificate of Expertise in Financing

 Sertifikat Manajemen Risiko                               SPPI                         Januari – Desember                      5
 Risk Management Certificate                                                            January – December

 Sertifikat Profesi di Bidang Penagihan                    SPPI                         Januari – Desember                    1.250
 Certificate of Professionalism in the                                                  January – December
 Field of Debt Collection




Kebijakan Reward and Punishment
Reward and Punishment Policy

Perseroan menerapkan kebijakan reward dan punishment                            The Company implements a reward-and-punishment policy as
sebagai bagian dari mekanisme manajemen kinerja, dengan                         part of its performance management system to foster a results-
tujuan menciptakan budaya kerja yang berorientasi pada hasil                    oriented, highly ethical work culture. This system is designed
dan berintegritas tinggi. Sistem ini dirancang adil, transparan,                to be fair, transparent, and performance- and behavior-based,
dan berbasis pencapaian kinerja serta perilaku yang sejalan                     aligned with the Company’s values.
dengan nilai-nilai Perseroan.

Apresiasi (reward) diberikan kepada karyawan yang berhasil                      Appreciation (rewards) is given to employees who have
menunjukkan kinerja unggul sebagaimana dibuktikan melalui                       demonstrated outstanding performance, as evidenced by
pencapaian target dan berkontribusi signifikan terhadap                         achieving targets and making significant contributions to the
pencapaian tujuan Perseroan. Karyawan yang memenuhi                             Company’s objectives. Employees who meet the criteria are
kriteria berhak menerima insentif finansial maupun pengakuan                    entitled to financial incentives and non-financial recognition,
non-finansial, termasuk kesempatan promosi dan peluang                          including promotions and career development.
pengembangan karier.

Sebaliknya, penerapan punishment dilakukan secara                               On the other hand, punishment is imposed proportionally
proporsional terhadap karyawan yang terbukti tidak mematuhi                     on employees who are proven to have failed to comply with
Standard Operating Procedure (SOP), melanggar Kebijakan/                        Standard Operating Procedures (SOPs), violated Company
Peraturan Perusahaan, atau Kode Etik Perseroan. Proses                          Policies/Regulations, or the Company’s Code of Conduct.
penegakan disiplin dilakukan melalui tahapan evaluasi objektif,                 The disciplinary process is done through objective evaluation
mencakup peringatan tertulis, pembinaan, hingga tindakan                        stages, including written warnings, guidance, and corrective
korektif sesuai tingkat pelanggaran.                                            measures, in accordance with the severity of the violation.

Pada tahun 2025, Perseroan memberikan reward kepada                             In 2025, the Company rewarded 416 employees and issued
416 karyawan dan 8.815 karyawan menerima punishment                             Warning Letters to 8,815 employees for violations. By
dalam bentuk Surat Peringatan atas pelanggaran yang                             implementing a clear reward-and-punishment system and
dilakukan. Dengan menerapkan sistem reward dan punishment                       enforcing it objectively, the Company ensures a high-performing,
yang jelas serta penegakannya dilakukan secara objektif,                        integrity-driven work culture that supports the achievement of
Perseroan memastikan terciptanya budaya kerja yang                              the Company’s strategic performance objectives.
berprestasi, berintegritas, dan mendukung pencapaian kinerja
strategis Perseroan.




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Kebijakan Program Pensiun
Retirement Program Policy

Perseroan berkomitmen mendukung karyawan dalam                        The Company is committed to supporting employees in
mengelola masa pensiun secara profesional, terstruktur, dan           managing their retirement professionally, systematically, and
berkelanjutan, demi menjamin kesejahteraan mereka di masa             sustainably to ensure their welfare after retirement. As part of
purna tugas. Sebagai bagian dari tanggung jawab ini, seluruh          this responsibility, all employees are enrolled in the Jaminan
karyawan telah terdaftar dalam program Jaminan Hari Tua (JHT)         Hari Tua (JHT) and Jaminan Pensiun Karyawan programs
dan Jaminan Pensiun yang dikelola oleh BPJS Ketenagakerjaan           managed by BPJS Ketenagakerjaan to ensure long-term
untuk memastikan perlindungan finansial jangka panjang.               financial protection.

Kebijakan pengelolaan pensiun di Perseroan diatur melalui             The Company’s pension management policy is regulated by
Surat Keputusan Direksi No. 014/FIF/SK-DIR/HIR/X/2021 tentang         Board of Directors Decree No. 014/FIF/SK-DIR/HIR/X/2021,
Kompilasi Peraturan Pengakhiran Hubungan Kerja dan Surat              concerning the Compilation of Regulations on Termination
Keputusan No. 009/FIF/SK-DIR/HC/IV/2019 tentang Masa                  of Employment, and Decree No. 009/FIF/SK-DIR/HC/IV/2019,
Persiapan Pensiun. Kedua kebijakan ini menjadi landasan bagi          concerning the Retirement Preparation Period. These two
Perseroan dalam memfasilitasi transisi karyawan menuju masa           policies form the basis for the Company’s approach to facilitating
purna tugas secara lebih terencana, profesional, dan manusiawi.       a more planned, professional, and humane transition for
                                                                      employees into retirement.

Selain memberikan perlindungan finansial, Perseroan juga              In addition to providing financial protection, the Company also
menghadirkan Program FIFPreneur - sebuah program                      offers the FIFPreneur Program, an empowerment program for
pemberdayaan bagi karyawan menjelang masa pensiun. Melalui            employees approaching retirement. Through the FIFPreneur
program FIFPreneur, karyawan dibekali dengan serangkaian              program, employees receive a series of training activities,
kegiatan pelatihan, pendampingan, dan pengembangan                    mentoring, and entrepreneurial skills development.
keterampilan wirausaha.

Pada tahun 2025, program persiapan pensiun (FIFPRENEUR)               In 2025, the retirement preparation program (FIFPRENEUR)
telah ditawarkan kepada 18 karyawan kunci yang akan pensiun           was offered to 18 key people who were due to retire that year.
di tahun tersebut. Kebijakan program pensiun Perseroan                The Company’s retirement program policy is designed to help
dirancang agar setiap karyawan dapat menghadapi masa purna            every employee retire with confidence, remain productive, and
tugas dengan percaya diri, tetap produktif, dan memberikan            make a positive contribution to themselves and their community.
kontribusi positif bagi diri sendiri maupun lingkungan sekitar.


Sistem Pengaduan Masalah Ketenagakerjaan
Employment Issues Reporting System

Perseroan berkomitmen menciptakan lingkungan kerja                    The Company is committed to fostering a harmonious, open, and
yang harmonis, terbuka, dan saling menghormati dengan                 mutually respectful work environment by providing transparent
menyediakan mekanisme yang jelas dalam penanganan                     processes for addressing labor issues. Every issue is handled
masalah ketenagakerjaan. Setiap permasalahan ditangani                professionally and fairly, with an emphasis on transparency,
secara profesional dan berkeadilan, dengan mengedepankan              confidentiality, and constructive resolution.
prinsip transparansi, kerahasiaan, serta penyelesaian konstruktif.

Permasalahan ketenagakerjaan yang dihadapi karyawan dapat             Employment issues faced by employees can be communicated
disampaikan melalui berbagai saluran yang telah disediakan,           through various channels that have been provided, including:
antara lain:
1. Atasan Langsung;                                                   1.   Immediate Supervisor;
2. Divisi Human Capital;                                              2.   Human Capital Division;
3. Forum Synergy Club;                                                3.   Synergy Club Forum;
4. Forum Bipartit; dan                                                4.   Bipartite Forum; and
5. Forum Tripartit.                                                   5.   Tripartite Forum.




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Sepanjang tahun 2025, Perseroan menerima sebanyak 127              Throughout 2025, the Company received 127 employment-
surat pengaduan terkait ketenagakerjaan. Seluruh pengaduan         related complaints. All complaints were handled professionally
ditangani secara profesional melalui mekanisme yang                and transparently. Of these, 98.43% of complaints have been
transparan. Dari jumlah tersebut, 98,43% pengaduan telah           fully resolved; the remainder are still being processed in
diselesaikan secara tuntas, sementara sisanya masih dalam          accordance with applicable procedures.
proses penanganan sesuai prosedur yang berlaku.


Hubungan Industrial
Industrial Relations

Perseroan meyakini bahwa keberhasilan perusahaan dalam             The Company believes that its success in maintaining business
menjaga kelangsungan usahanya tidak lepas dari terciptanya         continuity is inseparable from fostering harmonious relationships
hubungan yang harmonis dengan seluruh karyawan. Oleh               with all employees. Therefore, the Company continues to foster
karena itu, Perseroan terus menumbuhkan budaya dialog,             a culture of dialogue, openness, and constructive cooperation
keterbukaan, serta kerja sama yang konstruktif dalam setiap        in all aspects of labor relations.
aspek hubungan ketenagakerjaan.

Dalam upaya mewujudkan hubungan industrial yang harmonis,          In an effort to achieve harmonious industrial relations, the
Perseroan menugaskan Divisi Human Capital sebagai                  Company has assigned the Human Capital Division as the main
penanggung jawab utama dalam memastikan seluruh kebijakan          party responsible for ensuring that all employment policies and
dan praktik ketenagakerjaan dijalankan sesuai dengan               practices are carried out in accordance with applicable laws and
ketentuan perundang-undangan yang berlaku, termasuk                regulations, including Law Number 6 of 2023 concerning the
Undang-Undang Nomor 6 Tahun 2023 tentang Penetapan                 Stipulation of Government Regulation in Lieu of Law Number 2
Peraturan Pemerintah Pengganti Undang-Undang Nomor 2               of 2022 concerning Job Creation into Law-Law (Job Creation
Tahun 2022 tentang Cipta Kerja menjadi Undang-Undang (UU           Law) along with its implementing regulations.
Cipta Kerja) beserta peraturan pelaksanaannya.

Pada pelaksanaannya, Perseroan memastikan terselenggaranya         In its implementation, the Company ensures effective two-
komunikasi dua arah yang efektif antara manajemen dan              way communication between management and employees
karyawan, serta mengoptimalkan pemanfaatan teknologi untuk         and optimizes technology use to strengthen interactions at
memperkuat interaksi di seluruh tingkatan organisasi.              all levels of the organization.

Selain itu, Perseroan juga terus mengoptimalkan peran              In addition, the Company continues to optimize the role of
Lembaga Kerja Sama (LKS) Bipartit sebagai forum komunikasi         the Bipartite Cooperation Institution (LKS) as an open forum
terbuka antara manajemen dan karyawan. Pada tahun 2025,            for communication between management and employees. In
keberadaan LKS Bipartit terbukti efektif dalam memfasilitasi       2025, the Bipartite Cooperation Institution proved effective
dialog sosial yang produktif dan membangun, sehingga turut         in facilitating constructive social dialogue, thereby supporting
mendukung terciptanya hubungan industrial yang harmonis            the creation of harmonious and equitable industrial relations.
dan berkeadilan.

Lebih lanjut, Perseroan juga menjalin sinergi yang erat dengan     Furthermore, the Company established strong synergies
perusahaan-perusahaan di bawah naungan Astra Group,                with companies within the Astra Group, particularly the Astra
khususnya Astra Financial Services (AFS) Group, melalui            Financial Services (AFS) Group, through various collaborative
beragam kegiatan kolaborasi. Upaya ini dilakukan untuk             activities. These efforts aimed to maintain harmonious industrial
menjaga keharmonisan hubungan industrial, meningkatkan             relations, increase employee productivity, and encourage
produktivitas karyawan, dan mendorong pertumbuhan kinerja          sustainable growth in business performance.
bisnis yang berkelanjutan.




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Laporan Pelaksanaan Inisiatif SDM Tahun 2025
Human Capital Initiative Implementation Report in 2025

Sepanjang tahun 2025, Divisi Human Capital konsisten                Throughout 2025, the Human Capital Division consistently
menjalankan berbagai inisiatif strategis yang telah disusun         implemented strategic initiatives developed at the start of the
sejak awal tahun sebagai langkah nyata dalam mewujudkan             year as concrete steps toward achieving excellent, productive,
pengelolaan SDM yang unggul, produktif, dan berkelanjutan.          and sustainable Human Capital management. The main
Program-program utama yang diimplementasikan antara lain:           programs implemented by the Human Capital Division included:
1. Menerapkan model organisasi yang paling sesuai dan               1. Implementing the most appropriate organizational model
    memperkuat budaya kinerja serta inovasi;                           and strengthening a culture of performance and innovation;
2. Mengoptimalkan pemanfaatan data dan people analytics             2. Optimizing the use of data and people analytics to improve
    untuk meningkatkan efektivitas organisasi;                         organizational effectiveness;
3. Mengoptimalkan kontrol SDM di seluruh network Perseroan          3. Optimizing HC control across the Company’s network
    melalui jabatan People Area Support;                               through the People Area Support position;
4. M e r a n c a n g F I F G R O U P A c a d e m y m e n j a d i    4. Designing FIFGROUP Academy to become a
    Corporate University;                                              Corporate University;
5. Meningkatkan kesejahteraan karyawan serta memperkuat             5. Improving employee welfare and strengthening the
    prinsip keberagaman, kesetaraan, dan inklusi (DEI); dan            principles of diversity, equality, and inclusion (DEI); and
6. Mengakselerasi roadmap digital Human Capital melalui             6. Accelerating the Human Capital digital roadmap through
    optimalisasi sistem dan platform digital.                          the optimization of digital systems and platforms.



Rencana Fokus Pengembangan SDM Tahun 2026
Human Capital Development Focus Plan in 2026

Berdasarkan hasil evaluasi kinerja Human Capital tahun 2025         Based on the results of the 2025 Human Capital performance
dan proyeksi kebutuhan organisasi di tahun 2026, Divisi Human       evaluation and projections of organizational needs in 2026,
Capital menetapkan arah strategis baru untuk memperkuat             the Human Capital Division has set a new strategic direction
kapabilitas dan daya saing SDM melalui pelaksanaan beberapa         to strengthen HR capabilities and competitiveness through
program pengembangan berikut:                                       the implementation of the following development programs:
1. Menyelaraskan model organisasi yang agile untuk                  1. Aligning an agile organizational model to support the speed
   mendukung kecepatan adaptasi dan pencapaian                          of adaptation and achievement of the Company’s strategy;
   strategi Perusahaan;
2. Mengembangkan people data insight untuk meningkatkan             2. Developing people data insight to enhance process
   efektivitas proses dan kinerja organisasi;                          effectiveness and organizational performance;
3. Mengembangkan talenta dan kepemimpinan masa depan                3. Developing future talent and leadership through integrated
   melalui pembelajaran yang terintegrasi dan relevan dengan           learning that is relevant to business needs;
   kebutuhan bisnis;
4. Memperkuat hubungan industrial melalui tata kelola yang          4. Strengthening industrial relations through effective
   efektif, peningkatan engagement, dan komunikasi karyawan            governance, increased engagement, and continuous
   yang berkelanjutan; dan                                             employee communication; and
5. Mengakselerasi digitalisasi Human Capital untuk                  5. Accelerating the digitalization of Human Capital to improve
   meningkatkan efektivitas, produktivitas, dan kualitas               the effectiveness, productivity, and quality of HC services.
   layanan HC.




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Teknologi Informasi
Information Technology




Pesatnya perkembangan teknologi dan meluasnya              The rapid development of technology and widespread
digitalisasi menuntut industri pembiayaan untuk            digitization require the financial industry to adapt
beradaptasi dengan cepat guna menghadirkan                 quickly to deliver optimal services and operational
layanan optimal serta efisiensi operasional. Perseroan     efficiency. The Company views digital transformation
memandang transformasi digital sebagai langkah             as a strategic step to strengthen competitiveness,
strategis untuk memperkuat daya saing, mempercepat         accelerate workflows, and ensure service quality
proses kerja, serta memastikan kualitas pelayanan          aligned with debtors’ needs. This initiative focuses on
yang berorientasi pada kebutuhan debitur. Inisiatif        developing a digital ecosystem capable of responding
ini difokuskan pada pengembangan ekosistem digital         to business needs adaptively and innovatively.
yang mampu menjawab dinamika kebutuhan bisnis
secara adaptif dan inovatif.

Sebagai wujud komitmen tersebut, Perseroan                 As a manifestation of this commitment, the
menempatkan keandalan sistem Teknologi                     Company makes the reliability of its Information
Informasi (TI) sebagai fondasi utama dalam                 Technology (IT) system the primary foundation of its
menghadirkan layanan yang responsif. Perseroan             business-to-business (B2B) approach to providing
secara berkesinambungan meningkatkan kecepatan             responsive services. The Company continuously
transaksi serta ketepatan proses bisnis. Penguatan         improves transaction speed and business process
infrastruktur TI ini juga dibarengi dengan peningkatan     accuracy. This strengthening of IT infrastructure is
manajemen interaksi pelanggan dan produktivitas            also accompanied by improvements in customer
kerja melalui implementasi sistem yang efektif guna        interaction management and productivity through
menjamin kestabilan layanan yang handal.                   the implementation of effective systems that ensure
                                                           service stability and reliability.

Sepanjang tahun 2025, Perseroan terus melanjutkan          Throughout 2025, the Company has continued
upaya optimalisasi sistem dengan memastikan                its efforts to optimize its systems by ensuring the
ketersediaan cadangan data (backup) serta                  availability of data backups and the readiness of
kesiapan fasilitas Disaster Recovery Center (DRC)          adequate Disaster Recovery Center (DRC) facilities.
yang memadai. Selain aspek teknis, Perseroan               Not only technical aspects, but the Company also
menekankan penguatan budaya ketahanan siber serta          emphasizes strengthening its cyber-resilience culture
kepatuhan terhadap standar ISO 27001:2022 dan              and compliance with ISO 27001:2022 and Personal
regulasi Perlindungan Data Pribadi (UU PDP) dari sisi      Data Protection (PDP Law) regulations. Through the
teknologi. Melalui integrasi antara inovasi teknologi      integration of technological innovation and strong
dan tata kelola yang kuat, Perseroan berkomitmen           governance, the Company is committed to providing
memberikan nilai tambah yang berkelanjutan bagi            sustainable added value to all stakeholders.
seluruh pemangku kepentingan.




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Struktur Organisasi Pengelola TI
IT Management Organizational Structure

Pengelolaan seluruh aspek TI Perseroan berada di bawah             Management of all aspects of the Company’s IT is under the
tanggung jawab Divisi Information Technology yang                  responsibility of the Information Technology Division, which
dipimpin oleh Kepala Divisi Information Technology. Dalam          is led by the Head of the Information Technology Division. In
pelaksanaannya, Kepala Divisi didukung oleh tim profesional        carrying out their duties, the Head of Division is supported by
yang memiliki kompetensi dan keahlian sesuai dengan                a team of professionals with the competence and expertise to
perkembangan teknologi terkini, guna memastikan pengelolaan        keep pace with the latest technological developments, ensuring
TI berjalan efektif, aman, dan selaras dengan kebutuhan            that IT management runs effectively, securely, and in line with
bisnis Perseroan.                                                  the Company’s business needs.

Profil Kepala Divisi Information Technology                        Profile of the Head of the Information Technology
                                                                   Division




     Ayni Hadi Santoso
     Kepala Divisi Information Technology | Head of Information Technology Division


       Usia                  51 Tahun
       Age                   51 years old

       Kewarganegaraan       Indonesia
       Nationality           Indonesian

       Dasar Pengangkatan    Surat Keputusan PT. FIF No. 025/PROMO/SK-HC/IX/2020 Tanggal 15 September 2020
       Legal Basis of        Decree of PT. FIF No. 025/PROMO/SK-HC/IX/2020 dated September 15, 2020
       Appointment

       Riwayat Pendidikan    Sarjana Teknologi Industri Pertanian dari Universitas Gadjah Mada, Yogyakarta (1997)
       Educational           Bachelor of Agricultural Industrial Technology from Gadjah Mada University, Yogyakarta (1997)
       Background

       Riwayat Pekerjaan     •   Management Trainee;
       Career History        •   IT Operation Officer;
                             •   IT Development Officer;
                             •   IT Non Core Application Development Sub Dept Head;
                             •   IT CORE Apps Development Sub Dept Head;
                             •   Information Technology Division Head




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Kebijakan Tata Kelola Teknologi Informasi dan Inovasi Digital
Information Technology Governance and Digital Innovation Policy

Inovasi Digital                                                     Digital Innovation
Sepanjang tahun 2025, Perseroan terus mempercepat                   Throughout 2025, the Company continues to accelerate its
transformasi digital untuk memperkuat daya saing di industri        digital transformation to strengthen its competitiveness in the
pembiayaan melalui pengembangan ekosistem layanan yang              financing industry by developing a reliable service ecosystem.
andal. Inisiatif strategis difokuskan pada penyempurnaan            Strategic initiatives focus on end-to-end refinement of digital
aplikasi digital secara end-to-end, seperti FIFGROUP Mobile         applications, including FIFGROUP Mobile Customer (FIFGO) and
Customer (FIFGO) dan platform ekosistem digital terpadu             other integrated digital ecosystem platforms. These applications
lainnya. Aplikasi ini hadir dengan antarmuka yang lebih             feature more intuitive interfaces and stronger data integration
intuitif serta integrasi data yang lebih kuat guna memberikan       to deliver an optimal, secure user experience.
pengalaman pengguna yang optimal dan aman.

Selain pengembangan aplikasi, Perseroan memperluas                  In addition to application development, the Company is
penerapan Data Analytics dan Artificial Intelligence (AI) untuk     expanding the use of Data Analytics and Artificial Intelligence
mendukung efisiensi operasional dan analisis risiko yang lebih      (AI) to improve operational efficiency and enable more accurate
akurat. Langkah ini memperkuat posisi Perseroan sebagai             risk analysis. This step strengthens the Company’s position
organisasi yang adaptif terhadap perubahan perilaku konsumen        as an organization that is adaptive to changes in consumer
di era digital.                                                     behavior in the digital era.

Komitmen inovasi ini juga diwujudkan melalui kolaborasi             This commitment to innovation is also realized through strategic
strategis dengan mitra teknologi serta peningkatan kapabilitas      collaborations with technology partners and by enhancing
SDM di bidang digital. Dengan fondasi teknologi yang kokoh          Human Capital capabilities in the digital field. With a solid
dan orientasi pada kebutuhan pelanggan, Perseroan bertekad          technological foundation and a focus on customer needs, the
menjadi pelopor inovasi digital yang berkelanjutan di industri      Company is committed to becoming a pioneer in sustainable
pembiayaan nasional.                                                digital innovation in the national financing industry.

Implementasi Tata Kelola TI                                         Implementation of IT Governance
Perseroan menempatkan kepatuhan terhadap regulasi sebagai           The Company prioritizes regulatory compliance in its information
prioritas utama dalam menjalankan operasional teknologi             technology operations. The implementation of IT Governance
informasi. Implementasi Tata Kelola TI (IT Governance) di           in the Company is carried out in accordance with the policies
Perseroan dilaksanakan selaras dengan kebijakan Otoritas            of the Financial Services Authority (OJK), specifically POJK No.
Jasa Keuangan (OJK), khususnya POJK No. 4/POJK.05/2021              4/POJK.05/2021 and SEOJK No. 10/SEOJK.05/2023 regarding
dan SEOJK No. 10/SEOJK.05/2023 mengenai penerapan                   the application of risk management in the use of information
manajemen risiko dalam penggunaan teknologi informasi oleh          technology by Non-Bank Financial Services Institutions. This
Lembaga Jasa Keuangan Non-Bank. Kepatuhan ini bertujuan             compliance aims to ensure that IT use is effective, efficient,
untuk memastikan pemanfaatan TI berjalan efektif, efisien,          and secure, providing added value and protection for
serta aman guna memberikan nilai tambah dan perlindungan            all stakeholders.
bagi seluruh pemangku kepentingan.

Sebagai acuan teknis operasional, Perseroan mengadopsi              As an operational technical reference, the Company adopts
framework internasional COBIT (Control Objectives for               the international COBIT (Control Objectives for Information and
Information and Related Technologies) untuk mengelola proses        Related Technologies) framework to measure IT processes
TI secara terukur, mulai dari fase perencanaan hingga evaluasi.     across the planning, execution, and evaluation phases.
Selain itu, prinsip ITIL (Information Technology Infrastructure     Furthermore, ITIL (Information Technology Infrastructure Library)
Library) diterapkan untuk menjamin kualitas layanan TI              principles are applied to ensure the quality of IT services and
dan manajemen insiden yang terstsruktur. Sejalan dengan             structured incident management. In line with the company’s
rencana strategis perusahaan, Perseroan secara konsisten            strategic plan, the Company consistently strengthens internal
memperkuat kontrol internal dan mengembangkan kerangka              controls and develops a comprehensive risk management
kerja manajemen risiko yang komprehensif guna menjaga               framework to maintain service stability.
kestabilan layanan.




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Untuk memastikan efektivitasnya, Perseroan telah membentuk         To ensure its effectiveness, the Company has established
struktur organisasi dan fungsi pengawasan yang jelas. Hal          a clear organizational structure and oversight function. This
ini mencakup unit pengelola risiko TI serta unit audit internal    includes an IT risk management unit and an internal audit
yang secara berkala melakukan evaluasi independen terhadap         unit that periodically conducts independent evaluations of
kepatuhan kebijakan dan standar yang berlaku. Melalui tata         compliance with applicable policies and standards. Through
kelola TI yang terintegrasi, Perseroan berkomitmen menjaga         integrated IT governance, the Company is committed to
keseimbangan antara inovasi, keamanan, dan kepatuhan demi          balancing innovation, security, and compliance to support
mendukung pertumbuhan bisnis yang berkelanjutan.                   sustainable business growth.



Manajemen Risiko Teknologi Informasi dan Keamanan Siber
Information Technology Risk Management and Cybersecurity

Penerapan Manajemen Risiko Teknologi Informasi (MRTI) di           The implementation of Information Technology Risk
Perseroan mengacu pada POJK No. 4/POJK.05/2021 dengan              Management (ITRM) in the Company refers to POJK No. 4/
sistem pengawasan yang terstruktur, mulai dari jajaran             POJK.05/2021 with a structured monitoring system, ranging from
manajemen puncak hingga pimpinan TI. Dalam pelaksanaannya,         top management to the IT leadership’s Board of Directors. In
Komite Pengarah IT berperan strategis dalam memberikan             its implementation, the IT Steering Committee plays a strategic
arahan serta memastikan seluruh kebijakan dan inisiatif TI         role in providing direction and ensuring that all IT policies
dijalankan dengan baik, konsisten, dan selaras dengan tujuan       and initiatives are executed consistently and aligned with the
bisnis perusahaan.                                                 company’s business objectives.

Sebagai bagian dari mitigasi risiko operasional sesuai             As part of operational risk mitigation in accordance with
dengan amanat POJK No. 4/POJK.05/2021, Perseroan                   POJK No. 4/POJK.05/2021, the Company operates a Disaster
mengoperasikan Disaster Recovery Center (DRC) guna                 Recovery Center (DRC) to ensure service continuity in the
menjamin keberlangsungan layanan jika terjadi gangguan             event of a disruption to the main data center. The reliability of
pada pusat data utama. Keandalan fasilitas ini diatur secara       this facility is comprehensively regulated in Guideline No. 004/
komprehensif dalam Pedoman No. 004/FIF/PEDOMAN/ICT/                FIF/PEDOMAN/ICT/VI/2024 (IT DRP). It is tested periodically
VI/2024 (IT DRP) dan diuji secara berkala melalui disaster         through disaster recovery tests that cover data backup and
recovery test yang mencakup mekanisme backup data serta            system transfer mechanisms. The Information Technology
pengalihan sistem. Penerapan Information Technology Disaster       Disaster Recovery Plan (IT DRP) is fully integrated with the
Recovery Plan (IT DRP) ini diintegrasikan sepenuhnya dengan        Business Continuity Plan (BCP) to ensure that services to
Business Continuity Plan (BCP) untuk memastikan layanan            debtors and business partners continue to operate optimally
kepada debitur dan mitra bisnis tetap berjalan optimal dalam       during emergencies.
situasi darurat.

Dari sisi keamanan informasi, Perseroan telah menerapkan           In terms of information security, the Company has implemented
standar internasional ISO 27001:2022 sebagai bentuk                the international standard ISO 27001:2022 as part of its layered
perlindungan berlapis terhadap data pelanggan. Dalam               protection for customer data. In addressing cyber threats, the
menghadapi ancaman siber, Perseroan mengadopsi Cyber               Company has adopted a Cyber Security Framework (CSF) and
Security Framework (CSF) yang didukung dengan audit                supports it with periodic security audits to identify and mitigate
keamanan berkala untuk mengidentifikasi serta memitigasi           vulnerabilities. By strengthening people, processes, and
celah kerentanan. Melalui penguatan aspek people, process,         technology, the Company builds adaptive cyber resilience to
dan technology, Perseroan membangun ketahanan siber                maintain stakeholder trust amid ongoing digital transformation.
(cyber resilience) yang adaptif demi menjaga kepercayaan
seluruh pemangku kepentingan di tengah transformasi digital
yang berkelanjutan.




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Investasi dan Pengembangan TI Tahun 2025
IT Investment and Development in 2025

Sepanjang tahun 2025, Perseroan secara konsisten                      Throughout 2025, the Company continued to allocate
mengalokasikan investasi strategis di bidang Teknologi                strategic investments in Information Technology to strengthen
Informasi untuk memperkuat fundamental operasional sekaligus          its operational fundamentals and accelerate its digital
mengakselerasi transformasi digital. Alokasi investasi ini            transformation. This investment allocation focuses on enhancing
difokuskan pada penguatan arsitektur teknologi yang scalable          a scalable, secure technology architecture to support growth
dan secure, guna mendukung pertumbuhan volume transaksi               in business transaction volume and improve service quality
bisnis serta meningkatkan kualitas layanan kepada seluruh             for all stakeholders.
pemangku kepentingan.

Fokus pengembangan utama pada tahun ini diarahkan                     The main focus of development this year is on discussing
pada pembahasan cetak biru modernisasi arsitektur sistem              the blueprint for modernizing system architecture and cross-
dan integrasi sistem lintas platform. Investasi ini mencakup          platform system integration. This investment includes improving
penyempurnaan ekosistem digital, termasuk pengembangan                the digital ecosystem by developing FIFGROUP Mobile
FIFGROUP Mobile Customer (FIFGO) dan Platform ekosistem               Customer (FIFGO) and an integrated digital platform, designed
digital terpadu, yang dirancang untuk memberikan pengalaman           to deliver a more responsive and intuitive user experience.
pengguna yang lebih responsif dan intuitif. Selain itu, Perseroan     The Company has also begun allocating investments to Data
juga mulai mengalokasikan investasi pada teknologi Data               Analytics and Artificial Intelligence to improve internal workflow
Analytics dan kecerdasan buatan (Artificial Intelligence)             efficiency and the accuracy of risk analysis.
untuk mendorong efisiensi proses kerja internal dan akurasi
analisis risiko.

Sebagai langkah mitigasi terhadap risiko digital, sebagian            As a mitigation measure against digital risks, a significant
besar porsi investasi juga dialokasikan untuk penguatan sistem        portion of investments is also allocated to strengthening
keamanan siber. Hal ini mencakup implementasi teknologi               cybersecurity systems. This includes implementing information
keamanan informasi dan pembaruan infrastruktur guna                   security technologies and upgrading infrastructure to ensure
memastikan integritas data debitur serta keberlangsungan              the integrity of debtor data and reliable business continuity.
operasional bisnis yang andal. Melalui investasi yang terukur         Through measured, targeted investments, the Company is
dan terarah, Perseroan berkomitmen membangun ekosistem                committed to building a technology ecosystem that delivers
teknologi yang mampu memberikan nilai tambah jangka                   long-term value for the Company and its customers.
panjang bagi perusahaan dan pelanggan.




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Realisasi Program Kerja TI Tahun 2025
Realization of The 2025 IT Work Program

Pada tahun 2025, Divisi IT telah berhasil merealisasikan seluruh    In 2025, the IT Division successfully executed all of its strategic
rencana kerja strategis yang berfokus pada pengembangan             work plans focused on integrated system development,
system terintegrasi, stabilitas operasional, dan penguatan          operational stability, and strengthening information security. All
keamanan informasi. Seluruh program yang telah ditetapkan           previously established programs were successfully completed
sebelumnya berhasil diselesaikan dengan baik dan sesuai             on time. One of the main achievements was the launch of
dengan target waktu yang ditentukan. Salah satu pencapaian          the FIFGROUP Mobile Customer (FIFGO) application and
utama adalah melakukan peluncuran Aplikasi FIFGROUP                 the adoption of new technology to deliver more adaptive
Mobile Customer (FIFGO) dan adopsi teknologi baru yang              applications that support the company’s growth strategy.
memungkinkan penyediaan aplikasi yang lebih adaptif dalam           On the other hand, the commitment to maintaining service
mendukung strategi pertumbuhan perusahaan. Di sisi lain,            stability was demonstrated by optimal system availability,
komitmen dalam menjaga stabilitas layanan ditunjukkan               strengthened backup procedures, and successful disaster
melalui ketersediaan sistem yang optimal, termasuk penguatan        recovery simulations.
prosedur backup dan keberhasilan pelaksanaan simulasi
pemulihan bencana.

Selain penguatan infrastruktur, perusahaan juga memberikan          In addition to strengthening infrastructure, the company pays
perhatian besar pada aspek keamanan siber dengan                    close attention to cybersecurity by enhancing system protection
meningkatkan perlindungan sistem serta secara rutin                 and regularly conducting training programs for employees to
menyelenggarakan program edukasi bagi karyawan untuk                build a culture of information security awareness. In line with
membangun budaya sadar keamanan informasi. Sejalan dengan           this, all IT processes throughout 2025 have been ensured to
hal tersebut, seluruh proses kerja TI di sepanjang tahun 2025       comply with applicable regulations, including the Personal Data
telah dipastikan selaras dengan regulasi yang berlaku, seperti      Protection Law (PDP Law) and OJK regulations on Information
Undang-Undang Perlindungan Data Pribadi (UU PDP) dan                Technology Risk Management, to maintain compliance and
Peraturan OJK terkait Manajemen Risiko Teknologi Informasi,         good corporate governance. To conclude the series of work
guna menjaga kepatuhan dan tata kelola perusahaan yang baik.        programs, personnel competency development has also been
Sebagai penutup rangkaian program kerja, pengembangan               achieved through various training programs and technology
kompetensi personel juga telah dilaksanakan melalui                 benchmarking to ensure the readiness of Human Capital
berbagai program pelatihan dan benchmarking teknologi               to operate the latest technology. This realization reflects
untuk memastikan kesiapan sumber daya manusia dalam                 the company’s dedication to building a solid, competitive
mengoperasikan teknologi terkini. Realisasi ini mencerminkan        technological foundation to address future challenges.
dedikasi perusahaan dalam membangun fondasi teknologi
yang kokoh dan kompetitif untuk menghadapi tantangan di
masa depan.




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Rencana Kerja TI Tahun 2026
IT Work Plan for 2026

Sebagai kelanjutan dari strategi transformasi digital, Divisi        As a continuation of the digital transformation strategy,
Teknologi Informasi telah menyiapkan berbagai breakthrough           the Information Technology Division has prepared various
initiatives untuk tahun 2026 yang berorientasi pada peningkatan      breakthrough initiatives for 2026 that are oriented towards
kinerja operasional, penguatan keamanan data, dan akselerasi         improving operational performance, strengthening data security,
inovasi layanan. Adapun inisiatif tersebut mencakup:                 and accelerating service innovation. These initiatives include:
1. Inovasi dan Otomatisasi Proses: Menerapkan teknologi              1. Process Innovation and Automation: Implementing new
     baru seperti AI dan RPA untuk meningkatkan efisiensi kerja,        technologies such as AI and RPA to improve work efficiency,
     mempercepat proses bisnis, serta mendukung pengambilan             accelerate business processes, and support data-driven
     keputusan berbasis data;                                           decision-making;
2. Keandalan dan Keberlanjutan Layanan: Memastikan                   2. Service Reliability and Sustainability: Ensuring system
     ketersediaan sistem melalui pemeliharaan aset teknologi            availability through regular maintenance of technology
     secara berkala dan pelaksanaan uji coba pemulihan                  assets and implementation of disaster recovery plans (DRP)
     bencana (DRP) untuk menjamin keberlangsungan layanan;              to guarantee service continuity;
3. Penguatan Keamanan Informasi: Meningkatkan                        3. Information Security Enhancement: Improving corporate
     perlindungan data perusahaan dan membangun budaya                  data protection and building a cybersecurity awareness
     sadar keamanan siber bagi seluruh karyawan sesuai dengan           culture for all employees in accordance with applicable
     standar keamanan yang berlaku;                                     security standards;
4. Tata Kelola dan Kepatuhan TI: Memastikan seluruh proses           4. IT Governance and Compliance: Ensuring all IT work
     kerja TI selaras dengan strategi bisnis perusahaan serta           processes are aligned with the company’s business strategy
     mematuhi regulasi pemerintah, termasuk perlindungan                and comply with government regulations, including personal
     data pribadi dan manajemen risiko; dan                             data protection and risk management; and
5. Pengembangan Kapabilitas SDM: Meningkatkan                        5. Human Capital Capability Development: Improving the
     kompetensi personel TI melalui pelatihan dan                       competence of IT personnel through training and talent
     pengembangan talenta di bidang teknologi digital untuk             development in the field of digital technology to support
     mendukung kebutuhan inovasi perusahaan.                            the company’s innovation needs.




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         Analisis
     Pembahasan
      Manajemen
Management Discussion and Analysis




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Perkembangan Ekonomi Global
Global Economic Development



                   Pertumbuhan ekonomi global sepanjang 2025 tetap moderat akibat
                   ketidakpastian moneter yang berlanjut dan perlambatan perdagangan di
                   berbagai kawasan. Meski menghadapi tekanan eksternal, ekonomi domestik
                   Indonesia menunjukkan ketahanan yang kuat dengan sektor jasa keuangan
                   yang tetap stabil, sementara industri pembiayaan menghadapi perlambatan
                   pada segmen otomotif namun melakukan diversifikasi untuk menjaga
                   pertumbuhan dan mendukung stabilitas ekonomi secara lebih luas.
                   Global economic growth throughout 2025 remained moderate due to continued monetary
                   uncertainty and a slowdown in trade in various regions. Despite facing external pressures,
                   Indonesia’s domestic economy showed strong resilience, with the financial services sector
                   remaining stable. At the same time, the financing industry experienced a slowdown in the
                   automotive segment but diversified to maintain growth and support broader economic stability.




Tahun 2025 masih menjadi periode yang berat bagi banyak            The year 2025 continued to be a difficult period for many
negara di berbagai kawasan, seiring dengan berkembangnya           countries in various regions, as several global risks and
sejumlah risiko dan tantangan global. Pertumbuhan ekonomi          challenges developed. Overall, global economic growth has
dunia secara keseluruhan direvisi lebih rendah, berkisar antara    been revised downward to 2.3%-3.2% (year-on-year), and
2,3%–3,2% (yoy), dan menurut laporan Global Economic               according to the World Bank’s Global Economic Prospects
Prospects dari World Bank, hampir 70% ekonomi dunia                report, nearly 70% of the world’s economies have had their
mengalami pemangkasan proyeksi pertumbuhan. Hal ini                growth projections cut. This shows that the global slowdown
menunjukkan bahwa perlambatan global tidak terbatas pada           is not confined to a single region but is widespread, affecting
satu kawasan, melainkan bersifat luas dan berdampak pada           various economic sectors.
berbagai sektor ekonomi.

Selain mengalami perlambatan pertumbuhan, sejumlah faktor          In addition to slowing growth, some external factors are also
eksternal turut menekan perekonomian dunia. Aktivitas              putting pressure on the global economy. International trade
perdagangan internasional melambat akibat proteksionisme           activity has slowed due to protectionism and trade policy
dan ketidakpastian kebijakan perdagangan yang diterapkan           uncertainty implemented by several countries, narrowing
oleh sejumlah negara, sehingga mempersempit ruang                  export opportunities and disrupting global supply chains.
ekspor dan mengganggu rantai pasok global. Selain itu, arus        Furthermore, international investment flows have weakened
investasi internasional juga melemah karena meningkatnya           due to heightened geopolitical risks and higher cost of capital,
risiko geopolitik dan biaya modal yang lebih tinggi sehingga       limiting real-sector expansion in many countries. On the other
membatasi ekspansi sektor riil di banyak negara. Di sisi lain,     hand, inflationary pressures persist across many countries
tekanan inflasi tetap dirasakan di sejumlah negara akibat          due to rising energy and commodity prices. However, inflation
kenaikan harga energi dan komoditas, meskipun tren inflasi         trends are beginning to slow, giving central banks room to
mulai menunjukkan perlambatan sehingga memberi ruang               adjust monetary policy carefully.
bagi bank sentral untuk menyesuaikan kebijakan moneter
secara hati-hati.

Dalam konteks negara maju, prospek pertumbuhan beberapa            In developed countries, the growth prospects of several major
negara utama juga menunjukkan perlambatan. Di Amerika              economies are also slowing. In the United States (US) and the
Serikat (AS) dan Kawasan Euro, tekanan ekonomi datang              Eurozone, economic pressure stems from weakening domestic




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dari melemahnya konsumsi dan investasi domestik, ketatnya            consumption and investment, tight benchmark interest rates,
suku bunga acuan, serta turunnya permintaan eksternal akibat         and declining external demand amid the slowdown in global
perlambatan perdagangan global. Untuk tahun 2025, Produk             trade. For 2025, Gross Domestic Product (GDP) in the Eurozone
Domestik Bruto (PDB) di Kawasan Euro diperkirakan tumbuh             was expected to grow by around 1.0%–1.3% (yoy), which was
sekitar 1,0%–1,3% (yoy), lebih moderat dibanding dekade              more moderate than in the previous decade, while the US was
sebelumnya, sementara AS menghadapi tekanan tambahan                 expected to face additional pressure from high interest rates
dari suku bunga tinggi dan meningkatnya biaya pembiayaan,            and rising financing costs, with annual growth projected at
dengan proyeksi pertumbuhan tahunan sekitar 1,8%–2,0% (yoy),         around 1.8%–2.0% (yoy), although certain quarters recorded
meskipun beberapa kuartal tertentu mencatat pertumbuhan              fairly high growth of up to 3.3% (annualized).
cukup tinggi hingga 3,3% (annualized).

Dalam merespons perlambatan ekonomi yang dihadapi, The               In response to the economic slowdown, the US Federal
Federal Reserve (The Fed) AS mempertahankan suku bunga               Reserve (Fed) has maintained high benchmark interest
acuan di level tinggi guna menahan inflasi, sementara European       rates to curb inflation, while the European Central Bank
Central Bank (ECB) tetap berhati-hati dalam menurunkan               (ECB) remains cautious about lowering interest rates, given
tingkat bunga dengan mempertimbangkan ketidakpastian                 economic uncertainty and the risk of stagnation. This more
ekonomi dan risiko stagnasi. Kebijakan moneter yang lebih            prudent monetary policy reflects the challenges that developed
berhati-hati ini mencerminkan tantangan negara-negara maju           countries face in balancing inflationary pressures with the need
dalam menyeimbangkan tekanan inflasi dengan kebutuhan                to boost real-sector growth.
mendorong pertumbuhan sektor riil.

Di sisi lain, negara-negara berkembang tetap menjadi                 On the other hand, developing countries remain major
kontributor utama terhadap pertumbuhan ekonomi global,               contributors to global economic growth, although their growth
meskipun momentum pertumbuhan mereka menurun                         momentum has slowed compared to the previous decade. This
dibanding dekade sebelumnya. Perlambatan ini mencerminkan            slowdown reflects the limited space for developing countries to
keterbatasan ruang bagi negara berkembang untuk mengejar             pursue catch-up growth as structural and external factors weigh
ketertinggalan (catch-up growth) karena faktor struktural dan        on the pace of expansion. High dependence on commodity
eksternal menekan laju ekspansi. Ketergantungan tinggi pada          exports, fluctuations in energy and raw material prices,
ekspor komoditas, fluktuasi harga energi dan bahan mentah,           limited productive investment, and volatility in international
keterbatasan investasi produktif, serta volatilitas aliran modal     capital flows are the main factors affecting macroeconomic
internasional menjadi faktor utama yang memengaruhi stabilitas       stability. These conditions confirm that growth in developing
makroekonomi. Kondisi ini menegaskan bahwa pertumbuhan               countries is more vulnerable to global shocks, underscoring
di negara berkembang lebih rentan terhadap guncangan                 the importance of economic diversification, productivity
global, sehingga upaya diversifikasi ekonomi, peningkatan            enhancement, and structural reforms to maintain medium- to
produktivitas, dan reformasi struktural menjadi penting              long-term growth momentum.
untuk menjaga momentum pertumbuhan jangka menengah
hingga panjang.

Berbeda dengan pola suku bunga di negara maju, sebagian              In contrast to interest rate patterns in developed countries, most
besar bank sentral di negara berkembang mengambil                    central banks in developing countries have taken monetary
langkah pelonggaran moneter untuk menjaga likuiditas dan             easing measures to maintain liquidity and support domestic
mendukung pertumbuhan domestik. Di Indonesia, Bank                   growth. In Indonesia, Bank Indonesia (BI) has carefully adjusted
Indonesia (BI) menyesuaikan BI Rate secara hati-hati dengan          the BI Rate to lower financing costs and expand credit, including
tujuan menurunkan biaya pembiayaan dan mendorong kredit,             through the multifinance industry. Throughout 2025, the BI
termasuk melalui industri multifinance. Sepanjang tahun              Rate gradually declined from 5.75% at the beginning of the
2025, BI Rate turun secara bertahap dari 5,75% pada awal             year to 4.75% in December 2025, while interest rates for
tahun menjadi 4,75% per Desember 2025, sementara suku                deposit facilities and lending facilities were 3.75% and 5.50%,
bunga untuk fasilitas simpanan (Deposit Facility) dan pinjaman       respectively. This policy is designed to maintain liquidity,
(Lending Facility) masing-masing berada di 3,75% dan 5,50%.          reduce financing costs, and support credit growth and domestic
Kebijakan ini dirancang untuk menjaga likuiditas, menurunkan         consumption, while remaining vigilant to the risks of inflation
biaya pembiayaan, serta mendukung pertumbuhan kredit dan             and external volatility.
konsumsi domestik, sambil tetap mewaspadai risiko inflasi dan
volatilitas eksternal.




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                        6




                       4,5




                        3




                               2025     Feb       Mar        Apr       May      Jun          Jul      Aug       Sep       Oct       Nov         Dec    2026

                                  United States Interest Rate (%)              Indonesia Interest Rate (%)            Euro Area Interest Rate (%)

Sumber | Source:
https://id.tradingeconomics.com/united-states/interest-rate#



                                                                    Tren BI Rate 2025 | 2025 BI Rate Trend

                       6,00

                                      5,75%       5,75%        5,75%
                        5,75

                                                                             5,50%      5,50%
                       5,50
         BI Rate (%)




                                                                                                      5,25%
                       5,25

                                                                                                                  5,00%
                       5,00

                                                                                                                                4,75%       4,75%       4,75%
                        4,75


                       4,50
                                  Jan         Feb          Mar          May           Jun          Jul          Aug        Sep            Oct         Dec



                                                Tanggal
 No.                                                                                                                            BI Rate
                                                 Date

   1    17 Desember 2025                                                                                                        4.75 %
        December 17, 2025

  2     19 November 2025                                                                                                        4.75 %
        November 19, 2025

  3     22 Oktober 2025                                                                                                         4.75 %
        October 22, 2025

  4     17 September 2025                                                                                                       4.75 %
        September 17, 2025




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                               Tanggal
 No.                                                                                                  BI Rate
                                Date

  5    20 Agustus 2025                                                                                5.00 %
       August 20, 2025

  6    16 Juli 2025                                                                                   5.25 %
       July 16, 2025

  7    18 Juni 2025                                                                                   5.50 %
       June 18, 2025

  8    21 Mei 2025                                                                                    5.50 %
       May 21, 2025

  9    23 April 2025                                                                                  5.75 %
       April 23, 2025

  10   19 Maret 2025                                                                                  5.75 %
       March 19, 2025

  11   19 Februari 2025                                                                               5.75 %
       February 19, 2025

  12   15 Januari 2025                                                                                5.75 %
       January 15, 2025

Sumber: Bank Indonesia
Source: Bank Indonesia



Keputusan pelonggaran moneter didasari pada asumsi bahwa          The decision to ease monetary policy was based on the
inflasi domestik tetap terkendali sesuai target BI periode        assumption that domestic inflation would remain under control
2025–2026, yaitu 2,5%±1%. Dengan suku bunga acuan yang            in line with BI’s target for the 2025–2026 period, of 2.5%±1%.
lebih rendah, diharapkan biaya pembiayaan menurun dan             With lower benchmark interest rates, it is hoped that financing
likuiditas meningkat, sehingga kredit dan pembiayaan termasuk     costs will decrease and liquidity will increase, enabling credit
melalui industri multifinance dapat tumbuh lebih optimal.         and financing, including through the multifinance industry, to
Namun demikian, sektor otomotif yang menjadi salah satu pilar     grow more optimally. However, the automotive sector, which
utama pembiayaan kendaraan terus mengalami perlambatan            is one of the main pillars of vehicle financing, continues to
hingga penghujung tahun 2025. Kondisi ini pada akhirnya           experience a slowdown through the end of 2025. This condition
menekan permintaan kredit otomotif dan menuntut perusahaan        ultimately puts pressure on demand for automotive credit. It
pembiayaan untuk menyesuaikan strategi portofolio, melakukan      requires financing companies to adjust their portfolio strategies,
diversifikasi produk, serta mengoptimalkan segmen pembiayaan      diversify their products, and optimize other financing segments
lain agar pertumbuhan bisnis tetap terjaga                        in order to maintain business growth.




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Perkembangan Ekonomi Nasional dan
Industri Pembiayaan di Indonesia
National Economy and the Development of the Financing Industry



Sepanjang tahun 2025, fondasi makroekonomi Indonesia                Throughout 2025, Indonesia’s macroeconomic fundamentals
tetap terjaga dengan baik meski dihadapkan pada tantangan           were well-maintained despite challenges posed by moderate
pertumbuhan ekonomi global yang bergerak moderat akibat             global economic growth amid monetary uncertainty and a
ketidakpastian moneter serta perlambatan perdagangan                slowdown in international trade. According to Statistics
internasional. Menurut Badan Pusat Statistik (BPS), pada kuartal    Indonesia (BPS), in the third quarter of 2025, Indonesia’s
III/2025 perekonomian Indonesia tumbuh 5,04% (yoy) ditopang         economy grew by 5.04% (yoy), supported by household
oleh konsumsi rumah tangga, ekspor barang dan jasa, investasi,      consumption, exports of goods and services, investment, and
serta membaiknya belanja pemerintah. Disamping itu, bauran          improved government spending. Furthermore, a responsive
kebijakan fiskal dan moneter yang responsif turut meredam           mix of fiscal and monetary policies helped mitigate global
tekanan global terhadap perekonomian nasional.                      pressures on the national economy.

Meski menunjukkan resiliensi, dinamika pasar keuangan               Despite displaying resilience, the dynamics of the domestic
domestik masih dipengaruhi sentimen eksternal. Nilai tukar          financial market were still influenced by external sentiment. The
Rupiah bergerak fluktuatif sepanjang tahun, sempat melemah          rupiah exchange rate fluctuated throughout the year, weakening
hingga Rp16.802 per dolar AS pada April 2025 sebelum                to Rp16,802 per US dollar in April 2025 before regaining stability.
kembali stabil. Per 21 Oktober 2025, Rupiah menguat ke level        As of October 21, 2025, the Rupiah strengthened to Rp16,585
Rp16.585 per dolar AS atau naik 0,45% (ptp) dibandingkan            per US dollar, an increase of 0.45% (ptp) compared to the end
akhir September 2025. Pergerakan tersebut mencerminkan              of September 2025. This movement reflects an improvement
perbaikan persepsi risiko dan normalisasi tekanan global.           in risk perception and the normalization of global pressures.

Menuju penghujung tahun 2025, tekanan inflasi domestik              Towards the end of 2025, domestic inflationary pressures
tetap terkelola dengan baik, sebagaimana tercermin dari             were well managed, as reflected in the September 2025 CPI
inflasi IHK per September 2025 yang berada pada level 2,19%         inflation rate of 2.19% (yoy), in line with core inflation, which
(yoy), selaras dengan inflasi inti yang mencatat angka yang         also recorded the same figure. This price stability indicates
sama. Stabilitas harga ini mengindikasikan bahwa tekanan            that demand pressures are being held in check and that public
permintaan yang terjaga serta ekspektasi inflasi masyarakat         inflation expectations are stable, encouraging BI to maintain an
yang stabil sehingga mendorong BI untuk mempertahankan              accommodative monetary policy and ensure the effectiveness
kebijakan moneter yang akomodatif dan memastikan efektivitas        of interest rate cuts as a catalyst for economic activity without
pelonggaran suku bunga sebagai pendorong aktivitas ekonomi          risking overheating.
tanpa menimbulkan risiko overheating.

Sejalan dengan perbaikan stabilitas makroekonomi tersebut,          In line with this improvement in macroeconomic stability, public
tingkat optimisme masyarakat juga menguat. Survei Konsumen          optimism has also strengthened. Bank Indonesia’s Consumer
Bank Indonesia mencatat Indeks Keyakinan Konsumen (IKK)             Survey recorded a Consumer Confidence Index (IKK) of 121.2
sebesar 121,2 dan Indeks Kondisi Ekonomi Saat Ini (IKE)             and a Current Economic Conditions Index (IKE) of 109.1 in
sebesar 109,1 pada Oktober 2025. Kenaikan kedua indikator           October 2025. The increase in these two indicators reflects
ini menunjukkan persepsi yang semakin positif terhadap kondisi      a more positive perception of economic conditions, which, in
ekonomi, sekaligus menjadi faktor pendukung keberlanjutan           turn, supports the sustainability of household consumption.
konsumsi rumah tangga.

Tren stabilisasi tersebut juga tercermin pada berbagai indikator    This stabilization trend is also evident in various other economic
ekonomi lainnya, termasuk Indeks Manufaktur (PMI) Indonesia         indicators, including Indonesia’s Manufacturing Index (PMI),
yang secara konsisten berada pada level ekspansif dengan            which has consistently at an expansive level with an average of
rerata 52,5 sepanjang Januari–September 2025. Capaian               52.5 throughout January–September 2025. This achievement




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tersebut mengindikasikan bahwa aktivitas industri tetap             indicates that industrial activity continues to grow despite the
bertumbuh meskipun di tengah perlambatan permintaan global.         slowdown in global demand.

Sementara itu cadangan devisa Indonesia juga berada pada            Meanwhile, Indonesia’s foreign exchange reserves were also
level yang kuat, mencapai USD138 miliar pada Oktober 2025           at a strong level, reaching USD138 billion in October 2025,
atau setara pembiayaan 6,3 bulan impor dan jauh di atas standar     equivalent to 6.3 months of imports and well above the
kecukupan internasional. Sedangkan neraca perdagangan               international adequacy standard. Meanwhile, the trade balance
membukukan surplus berkelanjutan dengan akumulasi                   recorded a sustained surplus, totalling USD32.1 billion through
sebesar USD32,1 miliar hingga kuartal III/2025, didorong oleh       the third quarter of 2025, driven by exports of key commodities
ekspor komoditas utama seperti batu bara, CPO, dan logam            such as coal, CPO, and processed metals. At the same time, tax
olahan. Pada saat yang sama, penerimaan pajak menunjukkan           revenue showed improvement, with realization reaching 82%
perbaikan dengan realisasi mencapai 82% dari target APBN            of the state budget target as of October 2025, reflecting the
per Oktober 2025, mencerminkan pemulihan aktivitas ekonomi          recovery of economic activity and increased tax compliance.
dan meningkatnya kepatuhan perpajakan.

Dari sisi ketenagakerjaan, pasar tenaga kerja juga menunjukkan      In terms of employment, the labor market also showed
perbaikan dengan Tingkat pengangguran terbuka (TPT) turun           improvement with the open unemployment rate (TPT)
menjadi 5,27% per Agustus 2025, didukung oleh peningkatan           declining to 5.27% as of August 2025, supported by increased
penyerapan tenaga kerja di sektor jasa, industri pengolahan,        employment in the service, manufacturing, and construction
dan konstruksi. Sementara itu, tingkat kemiskinan menurun           sectors. On the other hand, the poverty rate has decreased to
ke 9,24% berkat stabilitas harga pangan, penyaluran bantuan         9.24% due to stable food prices, more targeted social assistance
sosial yang lebih tepat sasaran, serta meningkatnya pendapatan      distribution, and higher income for low-income groups.
kelompok berpenghasilan rendah.

Konsistensi berbagai indikator tersebut mulai dari aspek PMI,       The consistency of various indicators, ranging from the PMI,
cadangan devisa, surplus perdagangan, penerimaan fiskal,            foreign exchange reserves, trade surplus, and fiscal revenue
hingga perbaikan indikator sosial, cukup menegaskan bahwa           to improvements in social indicators, clearly confirms that the
ketahanan ekonomi nasional sepanjang tahun ini berada               national economy has remained strong throughout the year. This
pada level yang kuat. Fondasi ini menjadi modal utama bagi          foundation is the main capital for sustaining domestic growth
keberlanjutan pertumbuhan domestik di tengah tekanan                amid external pressures and high global volatility.
eksternal dan volatilitas global yang masih tinggi.


Tinjauan Industri Pembiayaan dan Sektor Otomotif
Overview of the Financing Industry and the Automotive Sector


Berbagai perbaikan yang terjadi pada level makro belum              Various macro-level improvements have not been fully reflected
sepenuhnya tercermin pada kinerja sektor keuangan dalam             in the performance of the domestic financial sector, particularly
negeri, khususnya industri pembiayaan. Tahun 2025 masih             the financing industry. In 2025, the financing industry continued
menjadi tahun yang berat bagi industri pembiayaan karena            to face challenges due to a slowdown, mainly driven by a
masih mengalami perlambatan, terutama akibat kontraksi pada         contraction in automotive financing, the largest segment of
pembiayaan otomotif sebagai segmen terbesar dalam portofolio        financing companies’ portfolios.
perusahaan pembiayaan.

Penurunan daya beli masyarakat serta meningkatnya kehati-           The decline in people’s purchasing power and increased
hatian konsumen dalam melakukan pengeluaran besar                   consumer caution in making large expenditures weakened
menyebabkan penjualan kendaraan bermotor melemah                    motor vehicle sales throughout 2025. This condition directly
sepanjang 2025. Kondisi ini memberikan dampak langsung              impacted the slowdown in financing receivables growth and
terhadap perlambatan pertumbuhan piutang pembiayaan dan             put pressure on the operating income of financing companies,
menekan pendapatan operasional perusahaan pembiayaan                which are highly dependent on the automotive segment. Based
yang selama ini sangat bergantung pada segmen otomotif.             on data from the Indonesian Motor Vehicle Industry Association




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Berdasarkan data Gabungan Industri Kendaraan Bermotor                  (GAIKINDO), new car sales on a wholesale basis in the January-
Indonesia (GAIKINDO), penjualan mobil baru secara wholesales           December 2025 period were recorded at 803,687 units, a
pada periode Januari–Desember 2025 tercatat sebanyak                   decline of 7.2% compared to the same period in the previous
803.687 unit, atau turun 7,2% dibandingkan periode yang sama           year, which reached 865,723 units.
tahun sebelumnya yang mencapai 865.723 unit.

Namun demikian, pasar otomotif nasional tidak sepenuhnya               However, the national automotive market has not completely
melemah. Asosiasi Industri Sepeda Motor Indonesia (AISI )              slowed down. The Indonesian Motorcycle Industry Association
mencatat bahwa distribusi domestik sepeda motor sepanjang              (AISI) noted that domestic motorcycle distribution from January
Januari–Desember 2025 masih relatif stabil dengan total                to December 2025 was relatively stable, with total sales of
penjualan 6.412.769 unit, tumbuh 1,3% dibandingkan periode             6,412,769 units, a 1.3% increase compared to the same period
yang sama tahun sebelumnya. Kinerja yang relatif terjaga               the previous year. The relatively stable performance in the
pada segmen roda dua ini membantu menahan tekanan                      two-wheeler segment helped the financing industry withstand
lebih dalam terhadap industri pembiayaan, meskipun secara              further pressure, although overall demand for new financing
keseluruhan permintaan pembiayaan baru tetap berada pada               continued to slow.
tren yang melambat.

Lesunya kinerja sektor otomotif turut memengaruhi penyaluran           The slow performance of the automotive sector also affected
pembiayaan baru sepanjang 2025. Berdasarkan data OJK,                  the distribution of new financing throughout 2025. Based on
piutang pembiayaan perusahaan multifinance nasional tercatat           FSA data, the financing receivables of national multifinance
tumbuh tipis sebesar 1,09% (yoy), mencapai Rp506,82 triliun            companies recorded a slight growth of 1.09% (yoy), reaching
per November 2025. Pertumbuhan ini sebagian besar didorong             Rp506.82 trillion as of November 2025. This growth was largely
oleh pembiayaan modal kerja, yang meningkat 8,99% dibanding            driven by working capital financing, which increased by 8.99%
tahun sebelumnya. Meski pertumbuhan pembiayaan relatif                 compared to the previous year. Although financing growth was
stagnan, namun kualitas portofolio industri tetap terjaga,             relatively stagnant, the quality of the industry’s portfolio was
tercermin dari rasio Non-Performing Financing (NPF) gross              stable, as reflected in the gross Non-Performing Financing
sebesar 2,44% dan NPF net sebesar 0,85%.                               (NPF) ratio of 2.44% and the net NPF of 0.85%.

Dari sisi permodalan, gearing ratio industri tetap berada              In terms of capital, the industry’s gearing ratio stood at a very
pada level yang sangat konservatif, yaitu sekitar 2,17–2,24            conservative level of around 2.17–2.24 times, well below the
kali, jauh di bawah batas maksimum regulasi sebesar 10 kali.           regulatory maximum limit of 10 times. This condition reflects
Kondisi tersebut mencerminkan kehati-hatian pelaku industri            the caution of multifinance industry players in maintaining
multifinance dalam menjaga kesehatan keuangan di tengah                financial health amid weak demand for new financing, while also
lemahnya permintaan pembiayaan baru, sekaligus menunjukkan             demonstrating the sector’s structural resilience amid pressure
ketahanan struktural sektor ini meskipun berada dalam tekanan          from the automotive industry cycle.
siklus industri otomotif.

Sebagai tindak lanjut untuk menjaga stabilitas dan                     As a follow-up to maintain stability and support the momentum
mendukung momentum pemulihan, Pemerintah dan OJK tetap                 of recovery, the Government and FSA continue to maintain
mempertahankan fleksibilitas ketentuan uang muka (Down                 flexibility in the down payment (DP) requirements for motor
Payment/”DP”) pembiayaan kendaraan bermotor, termasuk                  vehicle financing, including relaxing the minimum DP for certain
pelonggaran DP minimum bagi kendaraan tertentu yang                    vehicles considered to have relatively lower risk. In addition,
dianggap memiliki risiko relatif lebih rendah. Selain itu, OJK         FSA encourages the strengthening of risk management through
mendorong penguatan manajemen risiko melalui implementasi              the implementation of good corporate governance, as well as
tata kelola perusahaan yang baik, serta peningkatan kualitas           improving the quality of digital services in financing companies.
layanan digital pada perusahaan pembiayaan.

Di sisi lain, berbagai stimulus fiskal pada sektor-sektor prioritas    On the other hand, various fiscal stimuli in priority sectors
serta kebijakan stabilisasi suku bunga diyakini turut membantu         and interest rate stabilization policies are believed to have
menjaga minat pembiayaan, meskipun dampaknya belum                     helped maintain financing interest, although their impact has
sepenuhnya mampu mengimbangi perlambatan pada sektor                   not been able to fully offset the slowdown in the automotive
otomotif. Selain itu, penguatan kerangka regulasi melalui              sector. Furthermore, the strengthening of the regulatory
penerapan POJK 48/2024 tentang Tata Kelola yang Baik bagi              framework through the implementation of POJK 48/2024




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Lembaga Pembiayaan serta sejumlah kebijakan pelonggaran               on Good Governance for Financing Institutions and several
seperti penyesuaian ketentuan Down Payment (DP) untuk                 relaxation policies, such as adjustments to the Down Payment
pembiayaan kendaraan dan perluasan akses pembiayaan                   (DP) provisions for vehicle financing and the expansion of
produktif turut memberikan ruang bagi industri untuk menjaga          access to productive financing, also provided opportunities
momentum intermediasi di tengah tekanan ekonomi.                      for the industry to maintain its intermediation momentum amid
                                                                      economic pressures.

Sejumlah kebijakan pelonggaran dan penguatan regulasi                 These easing and regulatory strengthening policies are
tersebut diharapkan dapat menjadi fondasi yang lebih kuat bagi        expected to provide a stronger foundation for the recovery and
pemulihan dan akselerasi pertumbuhan industri pembiayaan              the acceleration of the financing industry’s growth in the coming
pada tahun-tahun mendatang, terutama ketika daya beli                 years, especially as consumer purchasing power improves and
konsumen mulai membaik dan aktivitas sektor riil kembali              real-sector activity shows a more balanced recovery.
menunjukkan pemulihan yang lebih merata.


Kebijakan Strategis Tahun 2025
Strategic Policy for 2025


Sepanjang tahun 2025, FIFGROUP mengarahkan kebijakan                  Throughout 2025, FIFGROUP has directed its strategic policies
strategisnya pada penguatan fundamental bisnis serta                  towards strengthening business fundamentals and creating
penciptaan sumber pertumbuhan baru yang berkelanjutan.                new sources of sustainable growth. This strategy focuses on
Strategi ini difokuskan pada optimalisasi kinerja portofolio          optimizing the performance of the existing financing portfolio,
pembiayaan eksisting, penguatan dominasi pasar pembiayaan             strengthening Honda’s dominance in the two-wheeled vehicle
roda dua (2W) Honda, peningkatan loyalitas konsumen                   (2W) financing market, increasing customer loyalty through
melalui customer retention, serta pengembangan segmen                 customer retention, and developing the microfinancing segment
microfinancing sebagai engine of growth baru bagi Perseroan.          as a new engine of growth for the Company.

Pada lini pembiayaan roda dua baru (FIFASTRA), Perseroan              In the new two-wheeler financing line (FIFASTRA), the Company
secara konsisten mempertahankan posisi dominan di tengah              consistently maintains its dominant position amid increasingly
kompetisi yang semakin intensif melalui penguatan kolaborasi          intense competition by strengthening collaboration with the
dengan Astra Honda Value Chain serta penerapan strategi               Astra Honda Value Chain and implementing a priority dealer
priority dealer untuk memaksimalkan potensi pasar. Pendekatan         strategy to maximize market potential. This approach is not
ini tidak hanya berorientasi pada pertumbuhan volume                  only oriented towards financing volume growth, but also on
pembiayaan, namun juga pada peningkatan kualitas portofolio           improving portfolio quality and performance sustainability.
dan keberlanjutan kinerja.

Sementara itu, pada lini pembiayaan roda dua bekas                    On the other hand, in the used two-wheeler financing line
(DANASTRA), strategi diarahkan pada peningkatan customer              (DANASTRA), the strategy is directed at increasing customer
retention melalui pemanfaatan data analytics guna                     retention through the use of data analytics to deliver more
menghadirkan penawaran yang lebih tepat sasaran dan relevan           targeted and relevant offers to debtor profiles. The optimization
dengan profil debitur. Optimalisasi jaringan sebagai point of         of the network as a point of sales is also continuously
sales juga terus diperkuat untuk memperluas basis pelanggan           strengthened to expand the customer base and increase loyalty,
dan meningkatkan loyalitas, sehingga mendukung pertumbuhan            thereby supporting more productive and measurable growth.
yang lebih produktif dan terukur.

Di sisi lain, segmen pembiayaan mikro (FINATRA) terus                 Moreover, the micro financing segment (FINATRA) continues
dikembangkan sebagai sumber pertumbuhan baru Perseroan.               to be developed as a new source of growth for the Company.
Penguatan tersebut dilakukan melalui penyempurnaan proses             This strengthening is done through comprehensive business
bisnis secara menyeluruh, khususnya dalam peningkatan                 process improvements, particularly in enhancing collateral
kualitas penilaian agunan, sentralisasi proses underwriting           assessment quality, centralizing the underwriting process
untuk memastikan konsistensi dan mitigasi risiko yang lebih           to ensure consistency and better risk mitigation, and more
baik, serta pengelolaan aset jaminan yang lebih efektif. Langkah-     effective collateral asset management. These measures aim




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langkah ini bertujuan meningkatkan efisiensi operasional          to improve operational efficiency while strengthening the
sekaligus memperkuat fondasi pertumbuhan jangka menengah          foundation for medium and long-term growth.
dan panjang.

Untuk memastikan keberhasilan implementasi strategi bisnis        To ensure the successful implementation of its business strategy
sepanjang tahun 2025, Perseroan juga memperkuat aspek             throughout 2025, the Company is also strengthening its human
human capital melalui penerapan talent management dan             capital through the application of talent management and
key position turnover guna menjamin ketersediaan SDM yang         key position turnover for the availability of competent human
kompeten dan adaptif terhadap dinamika bisnis. Di samping itu,    capital who are adaptive to business dynamics. In addition,
Perseroan juga konsisten menerapkan prinsip Good Corporate        the Company also consistently applies the principles of
Governance (GCG) serta menjalankan berbagai inisiatif public      Good Corporate Governance (GCG) and implements various
contribution yang berdampak nyata terhadap lingkungan dan         public contribution initiatives that have a real impact on
sosial, sebagai bagian dari komitmen menjaga reputasi dan         the environment and society, as part of its commitment to
keberlanjutan usaha.                                              maintaining its reputation and business sustainability.

Melalui kombinasi penguatan bisnis inti, pengembangan sumber      Through a combination of strengthening its core business,
pertumbuhan baru, optimalisasi proses berbasis data, serta        developing new sources of growth, optimizing data-driven
disiplin tata kelola dan pengawasan yang aktif dari Direksi,      processes, and active governance and supervision by the
FIFGROUP mampu menjaga pertumbuhan kinerja yang positif           Board of Directors, FIFGROUP was able to maintain positive
dan solid sepanjang tahun 2025, sekaligus memperkuat fondasi      and solid performance growth throughout 2025, as well as
untuk pertumbuhan yang berkelanjutan di masa mendatang.           strengthened its foundation for sustainable growth in the future.


Posisi Perseroan di Industri Pembiayaan Indonesia
The Company’s Position in the Indonesian Financing Industry


Dalam menghadapi lanskap industri pembiayaan yang semakin         In a highly competitive financing industry landscape, the
kompetitif, Perseroan secara konsisten memperkuat posisinya       Company consistently strengthens its position as market
sebagai market leader melalui optimalisasi proses bisnis,         leader through business process optimization, digital capability
penguatan kapabilitas digital, peningkatan kualitas SDM,          enhancement, human capital improvement, and service
serta penyempurnaan layanan kepada pelanggan. Dukungan            refinement. The support of the Astra Group ecosystem provides
ekosistem Astra Group menjadi diferensiasi strategis yang         strategic differentiation that strengthens competitiveness and
memperkuat daya saing dan memperluas jangkauan pasar              expands market reach in a sustainable manner.
secara berkelanjutan.

Sepanjang tahun 2025, Perseroan masih memiliki ruang              Throughout 2025, the Company still has significant growth
pertumbuhan yang signifikan, ditopang oleh potensi pasar          potential, supported by the national retail market, opportunities
ritel nasional, peluang peningkatan penetrasi pembiayaan di       to increase financing penetration in various regions, and the
berbagai wilayah, serta pengembangan segmen pembiayaan            development of the microfinance segment. Integrated synergies
mikro. Sinergi terintegrasi dalam rantai nilai sepeda motor       in the Honda motorcycle value chain and continued digital
Honda dan transformasi digital yang terus diperkuat semakin       transformation further increase productivity, efficiency, and
meningkatkan produktivitas, efisiensi, serta akuisisi konsumen    data-driven consumer acquisition.
berbasis data.

Secara keseluruhan, posisi Perseroan pada tahun 2025 tetap        Overall, the Company’s position in 2025 remains solid. Strong
solid. Penguasaan pangsa pasar yang kuat pada segmen              market share in the Honda motorcycle financing segment and
pembiayaan sepeda motor Honda serta kemampuan menjaga             the ability to maintain a healthy portfolio quality and risk profile
kualitas portofolio dan profil risiko yang sehat menegaskan       affirm the Company’s role as one of the leading players in
peran Perseroan sebagai salah satu pemimpin utama di              the national multifinance industry. This foundation provides a
industri multifinance nasional. Fondasi tersebut memberikan       solid basis for the Company to continue expanding its market
landasan yang kokoh bagi Perseroan untuk terus memperluas         penetration and maintaining its competitive advantage on a
penetrasi pasar dan mempertahankan keunggulan kompetitif          sustainable basis.
secara berkelanjutan.




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Tinjauan Operasi per Segmen Usaha
dan Informasi Segmen Usaha
Operations Review by Business Segment and Business Segment Information



Pengungkapan mengenai segmen operasi Perseroan dapat                  Disclosures regarding the Company’s operating segments
dilihat pada Laporan Keuangan Tahunan PT Federal International        are presented in the Annual Financial Report of PT Federal
Finance untuk tahun yang berakhir pada 31 Desember 2025.              International Finance for the year ended December 31, 2025.
Berdasarkan pengungkapan pada CALK tersebut, kegiatan                 Based on the disclosure in the CALK, the Company’s business
usaha Perseroan diklasifikasikan ke dalam 5 (lima) segmen             activities are classified into 5 (five) main segments, namely:
utama, yaitu:

1.   FIFASTRA – Pembiayaan Motor Baru                                 1.   FIFASTRA – New Motorcycle Financing
2.   DANASTRA – Pembiayaan Multiguna                                  2.   DANASTRA – Multipurpose Financing
3.   SPEKTRA – Pembiayaan Multi Produk                                3.   SPEKTRA – Multi-Product Financing
4.   FINATRA – Pembiayaan Mikro Produktif                             4.   FINATRA – Productive Micro Financing
5.   AMITRA – Pembiayaan Syariah                                      5.   AMITRA – Sharia Financing

Kontribusi dari masing-masing segmen usaha tersebut terhadap          The contribution of each business segment to the Company’s
total piutang pembiayaan Perseroan selama dua tahun terakhir,         total financing receivables over the past two years, both in terms
baik berdasarkan jumlah kontrak (unit) maupun nilai kontrak,          of the number of contracts (units) and contract value, illustrates
menggambarkan struktur portofolio dan peran strategis setiap          the portfolio structure and strategic role of each business line in
lini bisnis dalam menopang keseluruhan kinerja Perseroan.             supporting the Company’s overall performance. Details of each
Rincian kontribusi tiap segmen disajikan pada tabel berikut:          segment’s contribution are presented in the following table:


                                                                                                                       Perubahan
                                         2025                                   2024
     Jenis Pembiayaan                                                                                                   Changes
     Type of Financing
                         Jumlah (Unit)      Nilai (Juta Rp)     Jumlah (Unit)      Nilai (Juta Rp)        Jumlah (Unit)       Nilai (Juta Rp)
                          Total (Unit)     Value (Million Rp)    Total (Unit)     Value (Million Rp)       Total (Unit)      Value (Million Rp)

 FIFASTRA                  1.645.427            30.447.225        1.685.217            29.881.996            (2,36%)                 1,89%
 Pembiayaan Motor
 Baru (NMC)
 New Motorcycle
 Financing (NMC)

 DANASTRA                  1.628.126            17.006.255       1.422.919             14.136.824            14,42%                20,30%
 Pembiayaan
 Multiguna
 Multipurpose
 Financing

 SPEKTRA                     57.575               308.834           84.632                423.197           (31,97%)               (27,02%)
 Pembiayaan Multi
 Produk
 Multi-Product
 Financing

 FINATRA                     25.980               897.904           13.534                914.743            91,96%                 (1,84%)
 Pembiayaan Mikro
 Produktif
 Productive Micro
 Financing




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                                                                                                                         Perubahan
                                            2025                                     2024
   Jenis Pembiayaan                                                                                                       Changes
   Type of Financing
                            Jumlah (Unit)      Nilai (Juta Rp)       Jumlah (Unit)       Nilai (Juta Rp)     Jumlah (Unit)     Nilai (Juta Rp)
                             Total (Unit)     Value (Million Rp)      Total (Unit)      Value (Million Rp)    Total (Unit)    Value (Million Rp)

 AMITRA                         28.606               794.050             22.794               586.895          25,50%                35,30%
 Pembiayaan Syariah
 Sharia Financing

 Total                        3.385.714            49.454.268         3.229.096             45.943.655           4,85%                 7,64%



                                                      2025                                                      2024

   Jenis Pembiayaan                                        Proporsi Nilai Kontrak                                     Proporsi Nilai Kontrak
                            Proporsi Jumlah Kontrak                                      Proporsi Jumlah Kontrak
   Type of Financing                                              (Juta Rp)                                                  (Juta Rp)
                            Total Contract Proportion                                    Total Contract Proportion
                                                          Contract Value Proportion                                  Contract Value Proportion
                                      (Unit)                                                       (Unit)
                                                                 (million Rp)                                               (million Rp)

 FIFASTRA                           48,60%                          61,57%                         52,19%                     65,04%
 Pembiayaan Motor
 Baru (NMC)
 New Motorcycle
 Financing (NMC)

 DANASTRA                           48,09%                          34,39%                         44,07%                     30,77%
 Pembiayaan Multiguna
 Multipurpose
 Financing

 SPEKTRA                              1,70%                          0,62%                          2,62%                      0,92%
 Pembiayaan Multi
 Produk
 Multi-Product
 Financing

 FINATRA                              0,77%                          1,82%                          0,42%                      1,99%
 Pembiayaan Mikro
 Produktif
 Productive Micro
 Financing

 AMITRA                               0,84%                           1,61%                          0,71%                     1,28%
 Pembiayaan Syariah
 Sharia Financing

 Total                             100,00%                         100,00%                       100,00%                     100,00%


FIFASTRA – Pembiayaan Motor Baru                                              FIFASTRA - New Motorcycle Financing

FIFASTRA merupakan layanan pembiayaan resmi yang                              FIFASTRA is an official financing service provided by the
disediakan Perseroan untuk melayani kredit sepeda motor                       Company to serve Honda new motorcycle loans. Throughout
baru Honda. Sepanjang tahun 2025, segmen New Motorcycle                       2025, the New Motorcycle Financing (NMC) segment remained
Financing (NMC) tetap menjadi segmen operasi unggulan                         the leading operating segment with the largest contribution
dengan kontribusi terbesar terhadap pertumbuhan pembiayaan                    to the Company’s financing growth. This is reflected in the
Perseroan. Hal ini tercermin dari jumlah kontrak yang mencapai                number of contracts reaching 1,645,427 units, with a motor
1.645.427 unit, dengan nilai pembiayaan kendaraan bermotor                    vehicle financing value of Rp30,447,225 million, equivalent to
sebesar Rp30.447.225 juta atau setara dengan 61,57% dari                      61.57% of the Company’s total financing in 2025.
total pembiayaan Perseroan pada tahun 2025.




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DANASTRA – Pembiayaan Multiguna                                     DANASTRA - Multipurpose Financing

DANASTRA merupakan segmen produk yang menyediakan                   DANASTRA is a product segment that provides financing
layanan pembiayaan motor bekas. Pada tahun 2025, nilai              services for used motorcycles. In 2025, the value of financing
pembiayaan yang disalurkan melalui segmen ini tercatat              disbursed through this segment was recorded at Rp17,006,255
sebesar Rp17.006.255 juta, meningkat 20,30% dibandingkan            million, an increase of 20.30% compared to the previous year’s
tahun sebelumnya yang sebesar Rp14.136.824 juta. Kontribusi         figure of Rp14,136,824 million. DANASTRA’s contribution to
DANASTRA terhadap total nilai pembiayaan Perseroan                  the Company’s total financing value reached 34.39% in 2025.
mencapai 34,39% pada tahun 2025. Kinerja tersebut menjadikan        This performance makes DANASTRA an important pillar in the
DANASTRA sebagai pilar penting dalam strategi diversifikasi         Company’s financing diversification strategy.
pembiayaan Perseroan.

SPEKTRA – Pembiayaan Multi Produk                                   SPEKTRA - Multi Product Financing

SPEKTRA merupakan layanan pembiayaan yang dikelola oleh             SPEKTRA is a financing service managed by FIFGROUP that
FIFGROUP dan berfokus pada penyediaan fasilitas kredit untuk        focuses on providing loans for electronic products, household
produk elektronik, perabotan rumah tangga, furnitur, gadget,        appliances, furniture, gadgets, lifestyle products, and various
produk gaya hidup, serta berbagai kebutuhan konsumen                other consumer needs. This service benefits both individual
lainnya. Layanan ini dapat dimanfaatkan oleh konsumen               consumers and corporate clients by offering competitive
perorangan maupun segmen korporasi dengan menawarkan                interest rates, a simple application process, and easy payment
sejumlah keunggulan seperti suku bunga yang kompetitif,             options through internal outlets and partners.
proses pengajuan yang sederhana, serta kemudahan
pembayaran melalui jaringan gerai internal maupun mitra.

Pada tahun 2025, nilai pembiayaan untuk produk elektronik           In 2025, the financing value for electronic products and
dan perabotan rumah tangga tercatat sebesar Rp308.834 juta          household appliances was recorded at Rp308,834 million,
atau berkontribusi hingga 0,62% terhadap total pembiayaan           contributing up to 0.62% of the Company’s total financing.
Perseroan. Pencapaian tersebut menegaskan posisi SPEKTRA            This achievement confirms SPEKTRA’s position as one of the
sebagai salah satu kontributor utama dalam mendukung                main contributors in supporting the growth of the Company’s
pertumbuhan bisnis pembiayaan konsumen Perseroan.                   consumer financing business.

FINATRA – Pembiayaan Mikto Profuktif                                FINATRA - Micro Productive Financing

FINATRA merupakan segmen usaha Perseroan yang berfokus              FINATRA is a business segment of the Company that focuses
pada penyediaan fasilitas pembiayaan produktif bagi pelaku          on providing productive financing facilities for Micro, Small,
Usaha Mikro, Kecil, dan Menengah (UMKM). Melalui layanan ini,       and Medium Enterprises (MSMEs). Through this service, the
Perseroan berupaya mendukung perluasan akses permodalan             Company strives to support the expansion of capital access
guna mendorong pertumbuhan dan pengembangan usaha                   to encourage sustainable business growth and development.
secara berkelanjutan.

Sepanjang tahun 2025, pembiayaan mikro produktif yang               Throughout 2025, productive micro financing channelled
disalurkan melalui FINATRA berkontribusi sekitar 1,82%              through FINATRA contributed approximately 1.82% to the
terhadap total nilai pembiayaan Perseroan, dengan nilai kontrak     Company’s total financing value, with a contract value reaching
mencapai Rp897.904 juta. Kontribusi ini mempertegas peran           Rp897,904 million. This contribution reinforces FINATRA’s role
FINATRA sebagai salah satu motor penggerak dalam penguatan          as one of the driving forces in strengthening the productive
segmen pembiayaan produktif di lingkungan Perseroan.                financing segment within the Company.




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AMITRA – Pembiayaan Syariah                                              AMITRA - Sharia Financing

AMITRA merupakan segmen pembiayaan syariah yang                          AMITRA is a sharia financing segment managed by FIFGROUP
dikelola FIFGROUP dan menyediakan layanan pembiayaan                     that provides religious travel financing services, including
perjalanan religi, termasuk Umroh Reguler dan Umroh Plus,                Regular Umrah and Umrah Plus, as well as financing for new
serta pembiayaan sepeda motor baru maupun motor bekas                    and used Honda motorcycles based on sharia principles. In
Honda berbasis prinsip Syariah. Pada tahun 2025, nilai                   2025, AMITRA’s financing value reached Rp794,050 million,
pembiayaan AMITRA mencapai Rp794.050 juta, dengan                        with a growth of 35.30% compared to the previous year’s total
pertumbuhan sebesar 35,30% dibandingkan tahun sebelumnya                 of Rp586,895 million.
yang berjumlah Rp586.895 juta.


Profabilitas Segmen terhadap Penghasilan Perseroan
Segments Profitability to Company’s Income


Sebagaimana tercantum dalam Laporan Keuangan Tahunan                     As stated in the Annual Financial Report of PT Federal
PT Federal International Finance untuk tahun yang berakhir               International Finance for the year ending December 31, 2025,
pada 31 Desember 2025, segmentasi operasi Perseroan                      the Company’s operating segments are classified based on
diklasifikasikan berdasarkan jenis produk pembiayaan yang                the type of financing products, which include motor vehicles,
meliputi kendaraan bermotor, elektronik, serta kategori lainnya.         electronics, and other categories. Based on this classification,
Mengacu pada pengelompokan tersebut, kinerja profitabilitas              the profitability performance of each segment in relation to the
masing-masing segmen terhadap total penghasilan Perseroan                Company’s total income for the 2025 fiscal year is presented
sepanjang tahun buku 2025 disajikan pada tabel berikut:                  in the following table:


                                                       Kontribusi terhadap
                            Penghasilan Segmen                                        Laba Bersih Segmen      Kontribusi terhadap Laba
                                                    Jumlah Penghasilan Tahun
      Segmen                     (Rp Juta)                                                  (Rp Juta)            Bersih Tahun 2025
                                                               2025
     Segments                 Segment Income                                          Segment Net Income      Contribution to Net Income
                                                    Contribution to Total Income
                                (million Rp)                                               (million Rp)                 in 2025
                                                              in 2025

 Kendaraan                      12.891.672                    95,39%                        11.228.033                242,37%
 bermotor
 Motor vehicle

 Elektronik                       59.787                      0,44%                           35.082                    0,76%
 Electronic

 Lain-lain                        563.113                      4,17%                        (6.630.486)               (143,13%)
 Others

 Total                          13.514.572                     100%                         4.616.407                   100%




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Tinjauan Bisnis per Segmen Geografis
Business Overview by Geographical Segment




Sebagai bagian dari komitmen Perseroan dalam mendukung                    As part of the Company’s commitment to supporting national
pertumbuhan ekonomi nasional melalui kegiatan pembiayaan,                 economic growth through financing activities, the Company
Perseroan mengoperasikan 262 kantor cabang (termasuk                      operates 262 branch offices (including its head office) spread
kantor pusat) yang tersebar di berbagai wilayah Indonesia.                across various regions in Indonesia. This extensive operational
Jaringan operasional yang luas ini memungkinkan Perseroan                 network enables the Company to provide inclusive, fast,
untuk menyediakan layanan pembiayaan yang inklusif,                       and accessible financing services that cater to the needs of
cepat, dekat, dan sesuai dengan kebutuhan masyarakat di                   communities in each region.
setiap daerah.

Wilayah operasional Perseroan dibagi ke dalam 8 (delapan)                 The Company’s operational areas are divided into 8 (eight)
area utama, yaitu Jabodetabek, Jawa Barat, Jawa Tengah,                   main areas, namely Greater Jakarta, West Java, Central
Jawa Timur, Sumatera, Kalimantan, Sulawesi, Maluku, Papua,                Java, East Java, Sumatra, Kalimantan, Sulawesi, Maluku,
serta Bali, NTT, dan NTB. Pemetaan ini membantu Perseroan                 Papua, as well as Bali, East Nusa Tenggara, and West Nusa
mengoptimalkan pengelolaan potensi pasar sekaligus                        Tenggara. This mapping helps the Company optimize market
memperkuat penetrasi di seluruh Indonesia.                                potential management while strengthening its penetration
                                                                          throughout Indonesia.

Tabel berikut menyajikan kinerja Perseroan selama dua tahun               The following table presents the Company’s performance
terakhir yang dianalisis berdasarkan wilayah operasional:                 for the last two years, analyzed based on operational region:

 Kinerja per Segmen Geografis Berdasarkan Pendapatan
 Geographical Segment Performance Based on Income

(Dalam Juta Rp)
(In million Rp)

                     Wilayah                                                                                Pertumbuhan/(Penurunan)
                                                               2025                        2024
                      Area                                                                                      Growth/(decrease)

 Sumatera                                                     3.132.143                 2.810.864                     11,43%

 Jawa Barat                                                 2.406.533                   2.081.282                    15,63%
 West Java

 Jabodetabek                                                 1.697.950                  1.598.247                     6,24%
 Jabodetabek Area

 Kalimantan                                                   1.577.149                 1.368.937                     15,21%

 Jawa Timur                                                  1.393.949                   1.287.737                    8,25%
 East Java

 Sulawesi, Maluku dan Papua                                  1.279.047                    1.126.381                  13,55%
 Sulawesi, Maluku and Papua

 Jawa Tengah                                                 1.250.801                    1.153.271                   8,46%
 Central Java

 Bali, NTT dan NTB                                            777.000                      727.185                    6,85%
 Bali, East Nusa Tenggara, and West Nusa Tenggara

 Jumlah Pendapatan                                          13.514.572                 12.153.904                    11,20%
 Total Income



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 Kinerja per Segmen Geografis Berdasarkan Total Aset
 Geographical Segment Performance Based on Total Asset


(Dalam Juta Rp)
(In million Rp)

                  Wilayah                                                                     Pertumbuhan/(Penurunan)
                                                      2025                           2024
                   Area                                                                           Growth/(decrease)

 Sumatra                                           12.288.868                    10.381.179           18,38%

 Jawa Barat                                          9.972.110                  8.092.492             23,23%
 West Java

 Jabodetabek                                         6.127.361                  5.694.253               7,61%
 Greater Jakarta

 Kalimantan                                         5.635.157                   4.386.847             28,46%

 Jawa Timur                                         5.339.930                   4.789.065              11,50%
 East Java

 Sulawesi, Maluku dan Papua                        5.042.596                    4.209.531             19,79%
 Sulawesi, Maluku and Papua

 Jawa Tengah                                         4.714.733                   4.319.106             9,16%
 Central Java

 Bali, NTT dan NTB                                   3.313.971                  3.010.254             10,09%
 Bali, East Nusa Tenggara, and West
 Nusa Tenggara

 Jumlah Aset                                      52.434.726                  44.882.727              16,83%
 Total Assets

 Ditambah                                           2.543.642                   3.681.599            (30,91%)
 Aset yang diperoleh untuk ijarah –
 bersih
 Add
 Asset acquired for ijarah - net

 Dikurangi                                         (3.100.629)                  (2.883.115)            7,54%
 Penyisihan kerugian penurunan nilai
 Less
 Alllowance for impairment losses

 Jumlah Aset                                       51.877.739                  45.681.211             13,56%
 Total Assets




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Tinjauan Keuangan
Financial Review




Diskusi dan analisis keuangan berikut disusun berdasarkan           The following financial discussion and analysis is based on
Laporan Keuangan Tahunan PT Federal International Finance           the Annual Financial Statements of PT Federal International
untuk tahun buku yang berakhir pada 31 Desember 2025 dan            Finance for the fiscal years ending December 31, 2025 and
2024. Laporan keuangan tersebut telah diaudit oleh Kantor           2024. The financial statements have been audited by the
Akuntan Publik (KAP) Rintis, Jumadi, Rianto & Rekan (firma          Public Accounting Firm (KAP) Rintis, Jumadi, Rianto & Partners
anggota jaringan global PwC) dan memperoleh opini wajar             (member firms of the PwC global network) and have received
dalam semua hal yang material.                                      an unqualified opinion in all material respects.

Posisi keuangan Perseroan per 31 Desember 2025 dan                  The Company’s financial position as of December 31, 2025
2024, serta kinerja keuangan dan arus kas untuk tahun yang          and 2024, as well as its financial performance and cash flows
berakhir pada tanggal-tanggal tersebut, telah disusun sesuai        for the years then ended, have been prepared in accordance
dengan Standar Akuntansi Keuangan (SAK) yang berlaku di             with the Financial Accounting Standards (SAK) applicable in
Indonesia. Laporan Keuangan Tahunan dimaksud telah diaudit          Indonesia. The Annual Financial Statements have been audited
dan ditandatangani oleh Akuntan Publik Hendra Setiadi, CPA,         and signed by Public Accountant Hendra Setiadi, CPA, with
dengan Izin Akuntan Publik No. AP.2087.                             Public Accountant License No. AP.2087.

Laporan Keuangan Tahunan audited tersebut diterbitkan pada          The audited Annual Financial Statements were published on
20 Februari 2026, atau kurang dari 60 hari setelah tanggal          February 20, 2026, or less than 60 days after the end of the
akhir tahun buku, sehingga mencerminkan komitmen Perseroan          fiscal year, reflecting the Company’s commitment to timely
terhadap ketepatan waktu pelaporan serta penerapan tata             reporting and the implementation of good governance in
kelola yang baik sesuai ketentuan regulator yang berlaku.           accordance with applicable regulatory requirements.


Laporan Posisi Keuangan
Statement of Financial Position


Perseroan membukukan kenaikan aset sebesar 13,56%, dari             The Company recorded a 13.56% increase in assets, from
Rp45,68 triliun pada akhir 2024 menjadi Rp51,88 triliun per         Rp45.68 trillion at the end of 2024 to Rp51.88 trillion as of
31 Desember 2025. Peningkatan aset tersebut terutama                December 31, 2025. The increase in assets was mainly due
didorong oleh peningkatan piutang pembiayaan konsumen.              to consumer financing receivables.

Sejalan dengan pertumbuhan aset, liabilitas Perseroan               In line with asset growth, the Company’s liabilities increased by
meningkat 11,74% menjadi Rp37,44 triliun per 31 Desember            11.74% to Rp37.44 trillion as of December 31, 2025, compared
2025, dibandingkan Rp33,51 triliun pada periode yang sama           to Rp33.51 trillion in the same period the previous year.
tahun sebelumnya. Kenaikan liabilitas ini terutama dipengaruhi      This increase in liabilities was mainly due to the Company’s
oleh kebutuhan pendanaan Perseroan.                                 funding requirements.

Sementara itu, ekuitas Perseroan tercatat sebesar Rp14,44           Meanwhile, the Company’s equity was recorded at Rp14.44
triliun, tumbuh 18,58% dibandingkan Rp12,18 triliun pada posisi     trillion, a growth of 18.58% compared to Rp12.18 trillion as of
31 Desember 2024. Peningkatan ini mencerminkan akumulasi            December 31, 2024. This increase reflects the accumulation of
laba tahun berjalan serta kebijakan pengelolaan modal yang          current-year profits and a prudent capital management policy,
prudent, sehingga memperkuat struktur permodalan dan                thereby strengthening the Company’s capital structure and
kapasitas Perseroan dalam mendukung pertumbuhan usaha               capacity to support sustainable business growth.
secara berkelanjutan.




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(Dalam Juta Rp)
(In million Rp)

                                                                                                                  Pertumbuhan
          Uraian                                                                                                     Growth
                                         2025                        2024
        Description
                                                                                                        Rp                             %

 Jumlah Aset                        51.877.739                     45.681.211                         6.196.528                      13,56%
 Total Assets

 Jumlah Liabilitas                 37.439.667                  33.505.498                             3.934.169                       11,74%
 Total Liabilities

 Jumlah Ekuitas                    14.438.072                      12.175.713                     2.262.359                          18,58%
 Total Equity



ASET                                                                      ASSETS

Per 31 Desember 2025, total aset Perseroan tercatat sebesar               As of December 31, 2025, the Company’s total assets were
Rp51,88 triliun, meningkat 13,56% dibandingkan Rp45,68                    recorded at Rp51.88 trillion, an increase of 13.56% compared
triliun pada posisi akhir 2024. Peningkatan tersebut terutama             to Rp45.68 trillion at the end of 2024. This increase was mainly
dipengaruhi oleh peningkatan piutang pembiayaan konsumen.                 driven by the growth in consumer financing receivables.

Tren pergerakan aset Perseroan selama 2 (dua) terakhir                    The trend in the Company’s assets over the last two years is
disajikan pada tabel berikut ini:                                         presented in the following table:

(Dalam Juta Rp)
(In million Rp)

                                                                                                                                Perubahan
                    Uraian                                                                                                       Changes
                                                     2025                              2024
                  Description
                                                                                                                   Nominal                    %

 Kas dan setara kas                                  397.852                             304.180                     93.672                  30,79
 Cash and cash equivalents

 Piutang pembiayaan konsumen- setelah             46.958.874                        39.902.300                    7.056.574                   17,68
 dikurangi penyisihan kerugian penurunan
 nilai
 Consumer financing receivables-net of
 allowance of impairment losses

 Aset yang diperoleh untuk ijarah-setelah          2.543.642                           3.681.599                  (1.137.957)               (30,91)
 dikurangi akumulasi penyusutan
 Asset acquired for ijarah-net of
 accumulated depreciation

 Piutang lain-lain- setelah dikurangi                393.967                             350.611                    43.356                   12,37
 penyisihan kerugian penurunan nilai
 Other receivables-net of allowance of
 impairment losses

 Beban dibayar dimuka                                    175.747                         131.342                    44.405                   33,81
 Prepayments

 Klaim atas restitusi pajak                                7.680                             11.844                  (4.164)                (35,16)
 Claim for tax refund

 Aset derivative                                         148.858                         197.590                   (48.732)                 (24,66)
 Derivative assets




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                                                                                                                            Perubahan
                   Uraian                                                                                                    Changes
                                                                2025                     2024
                 Description
                                                                                                                 Nominal                  %

 Investasi pada entitas asosiasi                                 63.312                     37.257                26.055                69,93
 Investment in associate

 Aset pajak tangguhan-bersih                                    240.168                   208.939                  31.229                14,95
 Deferred tax assets net

 Aset tetap-setelah dikurangi akumulasi                         947.639                   855.549                 92.090                 10,76
 penyusutan
 Fixed assets-net of accumulated
 depreciation

 Jumlah Aset                                              51.877.739                   45.681.211               6.196.528               13,56
 Total Assets



Kas dan Setara Kas                                                          Cash and cash equivalents
Posisi kas dan setara kas per 31 Desember 2025 tercatat                     Cash and cash equivalents as of December 31, 2025, were
sebesar Rp397,85 miliar, meningkat 30,79% dibandingkan                      recorded at Rp397.85 billion, an increase of 30.79% compared
Rp304,18 miliar pada akhir 2024.                                            to Rp304.18 billion at the end of 2024.

Piutang Pembiayaan Konsumen                                                 Consumer Financing Receivables
Perseroan mencatat piutang pembiayaan konsumen bersih                       The Company records net consumer financing receivables
setelah dikurangi bagian pembiayaan bersama (without                        after deducting joint financing portions (without recourse)
recourse), penghasilan pembiayaan konsumen yang belum                       and unearned consumer financing income and allowance for
diakui, serta penyisihan kerugian penurunan nilai. Kontribusi               impairment losses. The contribution of net consumer financing
piutang pembiayaan konsumen bersih terhadap total aset                      receivables to total assets increased from 87.34% on December
meningkat dari 87,34% pada 31 Desember 2024 menjadi                         31, 2024 to 90.52% at the end of 2025. This increase in ratio
90,52% pada akhir 2025. Peningkatan rasio ini mengindikasikan               indicates that the Company’s asset growth was predominantly
bahwa pertumbuhan aset Perseroan secara dominan berasal                     driven by the expansion of its financing portfolio, in line with
dari ekspansi portofolio pembiayaan, sejalan dengan strategi                its growth strategy focused on strengthening its core business
pertumbuhan yang berfokus pada penguatan core business                      in the consumer financing segment.
di segmen pembiayaan konsumen.

Sepanjang tahun 2025, jangka waktu pembiayaan konsumen                      Throughout 2025, the consumer financing term ranged from
berkisar antara 6–84 bulan, disesuaikan dengan profil risiko                6 to 84 months, adjusted to the risk profile and characteristics
dan karakteristik kebutuhan masing-masing segmen.                           of each segment’s needs.




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 Jatuh Tempo Piutang Pembiayaan Konsumen
 Consumer Financing Receivables’ Maturity Date


Analisis umur piutang pembiayaan konsumen berdasarkan                The aging analysis of consumer financing receivables based on
jadwal pembayarannya menunjukkan bahwa struktur portofolio           the payment schedule indicates that the Company’s portfolio
Perseroan tetap berada dalam kondisi yang sehat hingga akhir         structure remained in a sound condition as of the end of
tahun 2025. Sebagian besar piutang pembiayaan konsumen               2025. The majority of consumer financing receivables were
tercatat dalam kategori belum jatuh tempo, yakni sekitar 98,74%      classified as current, representing approximately 98.74% of
terhadap total piutang bruto, atau relatif stabil dibandingkan       total gross receivables, relatively stable compared to 98.79% in
98,79% pada tahun sebelumnya. Stabilitas ini mencerminkan            the previous year. This stability reflects the effectiveness of the
efektivitas proses underwriting, pemantauan kualitas kredit,         Company’s underwriting processes, credit quality monitoring,
serta disiplin pembayaran debitur yang tetap terjaga.                as well as the maintained payment discipline of debtors.



Rincian umur piutang lebih lanjut disajikan pada tabel berikut:      Further details of the receivables aging are presented in the
                                                                     following table:
(Dalam Juta Rp)
(In million Rp)

                     Uraian
                                                              2025                                            2024
                   Description

 Belum jatuh tempo                                          49.427.614                                    42.268.255
 Current

 Lewat jatuh tempo:
 Overdue

    1 – 30 hari                                                   352.197                                     300.685
    1–30 days

    31 – 60 hari                                              150.298                                          119.893
    31–60 days

    61 – 90 hari                                                   70.431                                      52.212
    61–90 days

    > 90 hari                                                     58.963                                       44.370
    > 90 days

 Jumlah                                                   50.059.503                                       42.785.415
 Total




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Selama tahun 2025, suku bunga/margin efektif pembiayaan           During 2025, the Company’s effective interest rate/margin
Perseroan berkisar antara 9,09%-45,57% (2024: 9,20%–45,96%).      ranged from 9.09% to 45.57% (2024: 9.20% to 45.96%). Interest
Penetapan tingkat suku bunga dilakukan secara selektif dengan     rates are set selectively, taking into account the debtor’s risk
mempertimbangkan profil risiko debitur, tenor pembiayaan,         profile, financing tenor, funding structure, and market dynamics.
struktur pendanaan, serta dinamika kondisi pasar. Pendekatan      This risk-based pricing approach is applied to maintain a balance
risk-based pricing ini diterapkan guna menjaga keseimbangan       between product competitiveness and portfolio return quality.
antara daya saing produk dan kualitas imbal hasil portofolio.

Sementara dalam rangka menjaga kualitas aset produktif            Furthermore, to maintain the quality of productive assets
sekaligus memitigasi risiko gagal bayar, Perseroan secara         while mitigating the risk of default, the Company consistently
konsisten menyesuaikan kebijakan jaminan berdasarkan              adjusts its collateral policy based on the characteristics of each
karakteristik masing-masing segmen pembiayaan. Untuk              financing segment. For motor vehicle consumer financing,
pembiayaan konsumen kendaraan bermotor, Perseroan                 the Company obtains collateral in the form of a Motor Vehicle
memperoleh jaminan berupa Bukti Pemilikan Kendaraan               Ownership Certificate (“BPKB”) for the financed vehicle, which
Bermotor (“BPKB”) atas kendaraan yang dibiayai, yang              is retained until all financing obligations are declared paid in
ditahan hingga seluruh kewajiban pembiayaan dinyatakan            full. This mechanism provides legal protection and strengthens
lunas. Mekanisme ini memberikan perlindungan hukum dan            the Company’s position in credit risk management.
memperkuat posisi Perseroan dalam pengelolaan risiko kredit.

Sedangkan pada pembiayaan konsumen yang ditujukan                 On the other hand, for consumer financing intended for business
untuk kebutuhan modal usaha, struktur jaminan yang diterima       capital needs, the collateral structure received includes BPKB
mencakup BPKB serta Sertifikat Hak Milik (“SHM”) milik            and Freehold Title Certificates (“SHM”) owned by consumers.
konsumen. Diversifikasi jenis agunan tersebut dimaksudkan         The diversification of collateral types is intended to increase the
untuk meningkatkan coverage nilai jaminan serta memberikan        coverage of collateral value and provide additional mitigation
mitigasi tambahan terhadap potensi risiko penurunan               against the potential risk of a decline in financing quality.
kualitas pembiayaan.

Melalui penerapan kebijakan suku bunga yang terukur dan           Through the implementation of measured interest rate policies
pengelolaan jaminan yang prudent, Perseroan berupaya              and prudent collateral management, the Company strives
menjaga keberlanjutan pertumbuhan portofolio dengan tetap         to sustain portfolio growth while keeping its risk profile
mempertahankan profil risiko yang terkendali.                     under control.




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Piutang Lain-Lain - Setelah Dikurangi Penyisihan                  Other Receivables-Net of Allowance for Impairment
Kerugian Penurunan Nilai                                          Losses
Perseroan mencatat piutang lain-lain bersih setelah dikurangi     The Company recorded net other receivables net of allowance
penyisihan kerugian penurunan nilai sebesar Rp393,97 miliar       for impairment losses of Rp393.97 billion as of December 31,
pada posisi 31 Desember 2025, meningkat 12,37% dibandingkan       2025, an increase of 12.37% compared to Rp350.61 billion in
Rp350,61 miliar pada periode yang sama tahun sebelumnya.          the same period of the previous year.

Beban Dibayar Dimuka                                              Prepayments
Jumlah beban dibayar dimuka pada posisi 31 Desember               The amount of prepayments as of December 31, 2025 was
2025 tercatat sebesar Rp175,75 miliar, meningkat 33,81%           recorded at Rp175.75 billion, an increase of 33.81% compared
dibandingkan Rp131,34 miliar pada tahun sebelumnya.               to Rp131.34 billion in the previous year.

LIABILITAS                                                        LIABILITIES

Jumlah liabilitas Perseroan per 31 Desember 2025 tercatat         The Company’s total liabilities as of December 31, 2025, were
sebesar Rp37,44 triliun, meningkat 11,74% dibandingkan Rp33,51    recorded at Rp37.44 trillion, an increase of 11.74% compared to
triliun pada periode yang sama tahun sebelumnya.                  Rp33.51 trillion in the same period the previous year.

Tren pergerakan liabilitas Perseroan selama 2 (dua) terakhir      The trend in the Company’s liabilities over the last two years
disajikan pada tabel berikut ini:                                 is presented in the following table:

(Dalam Juta Rp)
(In million Rp)

                                                                                                            Perubahan
                     Uraian                                                                                  Changes
                                                   2025                        2024
                   Description
                                                                                                  Nominal                %

 Utang penyalur kendaraan                              129.832                   170.339          (40.507)          (23,78)
 Dealer payables

 Utang premi asuransi                              585.445                       505.821           79.624               15,74
 Insurance premium payables

 Akrual                                            575.866                      533.044            42.822               8,03
 Accruals

 Utang pajak                                       538.702                      409.028            129.674              31,70
 Taxes payable

 Utang lain-lain                                       217.535                   212.083            5.452               2,57
 Other payables

 Liabilitas derivative                                 25.954                        6.398          19.556          305,66
 Derivative liabilities

 Pinjaman                                        24.729.091                  22.736.202          1.992.889               8,77
 Borrowings

 Surat berharga yang diterbitkan                 10.273.447                   8.620.483          1.652.964              19,17
 Securities issued

 Liabilitas imbalan kerja                          363.795                       312.100            51.695              16,56
 Employee benefit obligations

 Jumlah Liabilitas                              37.439.667                  33.505.498          3.934.169               11,74
 Total Liabilities




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Pinjaman                                                                Borrowings
Perseroan menerapkan strategi diversifikasi pendanaan yang              The Company has implemented a measured funding
terukur guna memitigasi risiko konsentrasi sumber dana                  diversification strategy to mitigate the risk of concentration of
serta memastikan ketersediaan likuiditas yang stabil dan                funding sources and ensure stable and sustainable liquidity.
berkelanjutan. Struktur pendanaan tidak bergantung pada                 The funding structure does not depend on a single creditor
satu kreditur atau instrumen tertentu, melainkan tersebar               or instrument, but is spread across a combination of domestic
pada kombinasi pinjaman bank domestik dan internasional,                and international bank loans and syndicated facilities. This
serta fasilitas sindikasi. Pendekatan ini mendukung fleksibilitas       approach supports liquidity flexibility, optimization of the cost
likuiditas, optimalisasi biaya dana (cost of fund), serta penguatan     of funds, and strengthening of the capital structure to support
struktur permodalan dalam rangka mendukung ekspansi                     the expansion of the financing portfolio.
portofolio pembiayaan.

Pada tahun 2025, Perseroan menjalin kerja sama dengan                   In 2025, the Company established partnerships with a number
sejumlah bank nasional, antara lain Bank Panin, Bank Central            of national banks, including Bank Panin, Bank Central Asia (BCA),
Asia (BCA), Bank Mandiri, Bank CIMB Niaga, Bank Muamalat                Bank Mandiri, Bank CIMB Niaga, Bank Muamalat Indonesia,
Indonesia, Maybank Indonesia, Panin Bank Syariah, BCA                   Maybank Indonesia, Panin Bank Syariah, BCA Syariah, Bank
Syariah, Bank Negara Indonesia (BNI), Bank SMBC Indonesia,              Negara Indonesia (BNI), Bank SMBC Indonesia, Bank Rakyat
Bank Rakyat Indonesia (BRI), Bank Syariah Indonesia (BSI),              Indonesia (BRI), Bank Syariah Indonesia (BSI), Bank Permata,
Bank Permata, dan Bank Danamon.                                         and Bank Danamon.

Sementara itu, mitra perbankan asing yang menjadi kreditur              On the other hand, foreign banking partners that are creditors
Perseroan meliputi Standard Chartered Bank, MUFG Bank,                  of the Company include Standard Chartered Bank, MUFG Bank,
Bank DBS Indonesia, Mizuho Bank Ltd., The Hongkong and                  Bank DBS Indonesia, Mizuho Bank Ltd., The Hongkong and
Shanghai Banking Corporation Limited (HSBC), ANZ Jakarta,               Shanghai Banking Corporation Limited (HSBC), ANZ Jakarta,
Bank SBI Indonesia, OCBC, serta Deutsche Bank.                          Bank SBI Indonesia, OCBC, and Deutsche Bank.

Nilai total pinjaman Perseroan per 31 Desember 2025 tercatat            The total value of the borrowings owned by the Company as
sebesar Rp24,73 triliun, meningkat 8,77% dibandingkan                   of December 31, 2025, was recorded at Rp24.73 trillion, an
Rp22,74 triliun pada akhir 2024. Pinjaman bank dalam negeri             increase of 8.77% compared to Rp22.74 trillion at the end of
mendominasi struktur pendanaan dengan porsi 66,59%                      2024. Domestic bank loans dominate the funding structure
atau setara Rp16,50 triliun, sedangkan sisanya merupakan                with a 66.59% share, equivalent to Rp16.50 trillion, while the
pinjaman sindikasi sebesar 33,41% atau Rp8,28 triliun dari total        remainder consists of syndicated loans amounting to 33.41%
outstanding pinjaman.                                                   or Rp8.28 trillion of the total outstanding loans.

Tingkat suku bunga pinjaman selama tahun 2025 berkisar                  The interest rate on loans during 2025 ranged from 4.27% to
antara 4,27%–7,15% per tahun untuk fasilitas dalam mata uang            7.15% per annum for facilities in Rupiah (2024: 5.20% to 7.20%)
Rupiah (2024: 5,20%–7,20%) dan 4,39%–4,71% per tahun untuk              and 4.39% to 4.71% per annum for facilities in US Dollars (2024:
fasilitas dalam mata uang Dolar AS (2024: 5,03%–5,69%).                 5.03% to 5.69%). All bank loans as of December 31, 2025 are
Seluruh pinjaman bank pada posisi 31 Desember 2025 bersifat             unsecured (Not secured with fiduciary).
unsecured (tanpa jaminan fidusia).

Seluruh fasilitas pinjaman tersebut digunakan sebagai modal             All loan facilities are used as working capital to support
kerja untuk mendukung penyaluran pembiayaan konsumen.                   consumer financing. The Company always complies with all
Perseroan senantiasa memastikan kepatuhan terhadap seluruh              provisions in the credit agreement, including the fulfillment
ketentuan dalam perjanjian kredit, termasuk pemenuhan                   of financial covenants and other administrative obligations
financial covenants dan kewajiban administratif lainnya                 as part of the implementation of prudent governance and
sebagai bagian dari penerapan tata kelola dan manajemen                 risk management.
risiko yang prudent.




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Surat Berharga yang Diterbitkan – Obligasi                                 Securities Issued - Bonds
Perseroan memperluas akses pendanaan melalui pasar modal                   The Company expanded its access to funding through the
dengan menerbitkan efek utang berupa obligasi sebagai                      capital market by issuing debt securities in the form of bonds
pelengkap fasilitas pinjaman perbankan. Diversifikasi instrumen            to supplement its bank loans. This diversification of funding
pendanaan ini bertujuan untuk mengoptimalkan struktur                      instruments was aimed at optimizing the liability structure,
liabilitas, memperpanjang profil jatuh tempo (maturity profile),           extending the maturity profile, and increasing the flexibility of
serta meningkatkan fleksibilitas pengelolaan likuiditas dalam              liquidity management in support of financing portfolio growth.
mendukung pertumbuhan portofolio pembiayaan.

Pemanfaatan obligasi sebagai sumber dana jangka menengah                   The use of bonds as a source of medium and long-term
dan panjang juga memungkinkan Perseroan mengelola risiko                   funds also allows the Company to manage refinancing risk in
refinancing secara lebih terukur, sekaligus menyeimbangkan                 a more measured manner, while balancing the composition
komposisi pendanaan antara pinjaman bilateral, sindikasi, dan              of funding between bilateral loans, syndications, and capital
instrumen pasar modal.                                                     market instruments.

Secara kumulatif, nilai obligasi yang diterbitkan dan masih                Cumulatively, the value of bonds issued and still outstanding
outstanding hingga 31 Desember 2025 tercatat sebesar                       as of December 31, 2025, was recorded at Rp10.28 trillion, an
Rp10,28 triliun, meningkat 19,17% dibandingkan Rp8,63 triliun              increase of 19.17% compared to Rp8.63 trillion at the end of
pada akhir tahun sebelumnya. Peningkatan ini sejalan dengan                the previous year. This increase is in line with the financing
strategi ekspansi pembiayaan serta kebutuhan pendanaan                     expansion strategy and the need for more diversified funding.
yang lebih terdiversifikasi.

Berikut disajikan komposisi utang obligasi Perseroan                       The following is the composition of the Company’s bond
berdasarkan profil jatuh tempo, yang mencerminkan                          debt based on maturity profile, which reflects the planned
pengelolaan struktur kewajiban secara terencana dan selaras                management of liabilities in line with the Company’s operating
dengan arus kas operasional Perseroan:                                     cash flow:

 Komposisi Utang Obligasi - Jatuh Tempo
 Bonds Composition - Maturity



 57,07%                                               22,14%                24,77%




                        2025                                                                          2024
                                                      20,79%                30,69%                                           44,54%



                                   1 <tahun | 1 < years   1 – 2 tahun | 1 – 2 years    2 – 3 tahun | 2 – 3 years                         



Informasi lebih lengkap mengenai daftar obligasi yang telah                More detailed information regarding the list of bonds issued
diterbitkan oleh Perseroan dapat ditemukan pada Bab Profil                 by the Company is available in the Company Profile chapter,
Perusahaan, sub-bab Kronologi Pencatatan Efek Lainnya, di                  under the Chronology of Other Securities Listings sub-section,
dalam Laporan Tahunan ini.                                                 in this Annual Report.




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EKUITAS                                                               EQUITY

(Dalam Juta Rp)
(In million Rp)

                                                                                                                    Perubahan
                    Uraian                                                                                           Changes
                                                             2025                  2024
                  Description
                                                                                                          Nominal                   %

 Modal ditempatkan dan disetor penuh                   280.000                    280.000                         0                0,00
 Issued and paid-up share capital

 Tambahan modal disetor-divestasi entitas                36.020                    36.020                         0                0,00
 pengendali
 Additional paid-in capital divestment of
 controlling entity

 Cadangan lindung nilai arus kas                       (131.254)                   (5.566)                 (125.688)           2.258,14
 Cash flow hedges reserve

 Saldo laba                                          14.253.306                 11.865.259                2.388.047               20,13
 Retained earnings

 Jumlah Ekuitas                                     14.438.072                  12.175.713                2.262.359               18,58
 Total Equity



Per 31 Desember 2025, total ekuitas Perseroan yang mencakup           As of December 31, 2025, the Company’s total equity, which
modal ditempatkan dan disetor penuh serta saldo laba tercatat         includes issued and fully paid-up share capital and retained
sebesar Rp14,44 triliun. Angka ini mencerminkan pertumbuhan           earnings, was recorded at Rp14.44 trillion. This figure reflects
sebesar 18,58% dibandingkan Rp12,18 triliun pada periode yang         a growth of 18.58% compared to Rp12.18 trillion in the same
sama tahun sebelumnya.                                                period the previous year.


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


Perseroan mencatat kinerja yang solid pada 2025, sejalan              The Company recorded solid performance in 2025, in line
dengan penerapan strategi pertumbuhan yang tepat sasaran              with the implementation of targeted growth strategies and
dan ekspansi bisnis yang konsisten. Total penghasilan                 consistent business expansion. Total income increased by
meningkat 11,20% menjadi Rp13,51 triliun, dibandingkan Rp12,15        11.20% to Rp13.51 trillion, compared to Rp12.15 trillion in the
triliun pada tahun sebelumnya.                                        previous year.

Sejalan dengan pertumbuhan penghasilan, profitabilitas                In line with income growth, the Company’s profitability also
Perseroan juga menunjukkan performa positif dengan laba               showed positive performance with a net income of Rp4.63
bersih sebesar Rp4,63 triliun atau naik 4,92% dibandingkan            trillion, an increase of 4.92% compared to Rp4.42 trillion in
Rp4,42 triliun pada 2024. Peningkatan ini berdampak langsung          2024. This increase had a direct impact on Basic Earnings Per
pada nilai laba bersih per saham dasar yang meningkat menjadi         Share, which increased to Rp16,545 per share from Rp15,770
Rp16.545 per saham dari Rp15.770 per saham pada 2024.                 per share in 2024.

Di sisi pembiayaan, Perseroan berhasil menyalurkan                    In terms of financing, the Company successfully disbursed
pembiayaan baru secara signifikan sekaligus mempertahankan            significant new financing while maintaining a healthy portfolio
kualitas portofolio yang sehat. Beban penyisihan kerugian             quality. Allowance for impairment losses on consumer financing
penurunan nilai pembiayaan konsumen tercatat sebesar Rp1,37           was recorded at the amount of Rp1.37 trillion, an increase
triliun, meningkat 29,53% dibandingkan Rp1,06 triliun pada            of 29.53% compared to Rp1.06 trillion in the previous year,
tahun sebelumnya, mencerminkan pengelolaan risiko yang                reflecting prudent risk management amid portfolio expansion.
prudent di tengah ekspansi portofolio.



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Tren kinerja penghasilan dan laba Perseroan selama 2 (dua)        The Company’s income and profit performance trends over the
tahun terakhir disajikan pada tabel berikut:                      last 2 (two) years are presented in the following table:

(Dalam Juta Rp)
(In million Rp)

                                                                                                            Perubahan
                              Uraian                                                                         Changes
                                                                    2025               2024
                            Description
                                                                                                     Nominal             %

 Jumlah penghasilan                                               13.514.572         12.153.904      1.360.668          11,20
 Total income

 Beban usaha                                                     (3.256.854)         (2.945.353)      (311.501)         10,58
 Operating expenses

 Beban bunga dan keuangan                                        (2.463.428)         (2.095.510)      (367.918)         17,56
 Interest and financing charges

 Penyisihan kerugian penurunan nilai pembiayaan konsumen          (1.370.569)        (1.058.091)      (312.478)         29,53
 Allowance for impairment losses of consumer financing

 Rugi entitas asosiasi                                              (24.007)           (20.282)         (3.725)         18,37
 Loss from investment in associate

 Beban penurunan nilai lain-lain                                   (446.210)           (363.281)      (82.929)          22,83
 Other impairment charges

 Laba sebelum pajak penghasilan                                   5.953.504           5.671.387        282.117           4,97
 Profit before income tax

 Beban pajak penghasilan                                          (1.320.875)        (1.255.853)      (65.022)           5,18
 Income tax expense

 Laba bersih                                                      4.632.629           4.415.534        217.095           4,92
 Net income

 Kerugian komprehensif lain tahun berjalan, setelah pajak           (116.270)            (16.317)     (99.953)        612,57
 Other comprehensive loss for the year, net of tax

 Jumlah penghasilan komprehensif tahun berjalan, setelah pajak     4.516.359          4.399.217         117.142          2,66
 Total comprehensive income for the year, net of tax

 Laba bersih per saham dasar (Rupiah penuh)                           16.545             15.770            775           4,91
 Basic earnings per share (full Rupiah amount)


Penghasilan                                                       Income
Pada tahun 2025, Perseroan mencatat total penghasilan             In 2025, the Company recorded total income of Rp13.51
sebesar Rp13,51 triliun, meningkat 11,20% dibandingkan Rp12,15    trillion, an increase of 11.20% compared to Rp12.15 trillion in
triliun pada tahun sebelumnya. Segmen pembiayaan konsumen         the previous year. The consumer finance segment remained the
tetap menjadi kontributor utama dengan pendapatan sebesar         main contributor with income of Rp10.89 trillion, equivalent to
Rp10,89 triliun atau setara 80,56% dari total penghasilan.        80.56% of total income. Financing distribution in this segment
Penyaluran pembiayaan di segmen ini juga meningkat                also increased by 14.61% or by Rp1.38 trillion from the previous
14,61%, atau sebesar Rp1,38 triliun dari periode sebelumnya,      period, reflecting continued growth and support for the
mencerminkan pertumbuhan yang berkelanjutan dan dukungan          Company’s expansion strategy.
terhadap strategi ekspansi Perseroan.




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Beban                                                               Expenses
Perseroan mencatatkan beban Perseroan sebesar Rp7,56 triliun        The Company recorded expenses of Rp7.56 trillion in 2025,
pada tahun 2025, meningkat 16,61% dari sebelumnya senilai           a 16.61% increase from the previous Rp6.48 trillion. Of this
Rp6,48 triliun. Dari jumlah tersebut beban usaha memiliki porsi     amount, operating expenses had the highest portion of 43.07%
tertinggi sebesar 43,07% atau setara dengan Rp3,26 triliun,         or equivalent to Rp3.26 trillion. It is higher than the previous
lebih tinggi dari tahun sebelumnya sebesar Rp2,95 triliun.          year of Rp2.95 trillion.

Laba Bersih                                                         Net Income
Pada tahun 2025, Perseroan mencatat laba bersih sebesar             In 2025, the Company recorded a net income of Rp4.63
Rp4,63 triliun, meningkat 4,92% dibandingkan Rp4,42 triliun         trillion, an increase of 4.92% compared to Rp4.42 trillion in
pada tahun sebelumnya.                                              the previous year.


Laporan Arus Kas
Cash Flow Statement


Perseroan memperoleh arus kas masuk dari beberapa sumber            The Company obtains cash inflows from several sources,
termasuk penerimaan angsuran debitur, pinjaman bank maupun          including debtor installments, bank loans and bonds, as well
obligasi, serta penerimaan dari fasilitas pembiayaan yang           as receipts from financing facilities operated jointly with banks.
dijalankan bersama bank. Di sisi lain, arus kas keluar terutama     On the other hand, cash outflows are mainly used to fulfill
digunakan untuk memenuhi kewajiban kepada Penyalur                  obligations to Vehicle Distributors, repay bank loans and/or
Kendaraan, melunasi pinjaman bank dan/atau obligasi, baik           bonds, both principal and installments that are part of joint
pokok maupun angsuran yang menjadi bagian dari pembiayaan           financing with banks.
bersama dengan bank.

Berikut ini disajikan rincian arus kas Perseroan untuk tahun        The following presents details of the Company’s cash flows for
yang berakhir pada 31 Desember 2025 dan 2024:                       the years ended December 31, 2025 and 2024:

(Dalam Juta Rp)
(In million Rp)

                                                                                                                 Perubahan
                              Uraian                                                                              Changes
                                                                      2025               2024
                            Description
                                                                                                        Nominal                %

 Arus kas bersih digunakan untuk aktivitas operasi                  (594.101)          (2.166.579)      1.572.478            (72,58)
 Net cash flows used in operating activities

 Arus kas bersih digunakan untuk aktivitas investasi                 (521.235)          (485.684)         (35.551)             7,32
 Net cash flows used in investing activities

 Arus kas bersih diperoleh dari aktivitas pendanaan                  1.209.837          2.344.712       (1.134.875)         (48,40)
 Net cash flows provided by financing activities

 Kenaikan/(penurunan) bersih kas dan setara kas                         94.501           (307.551)       402.052           (130,73)
 Net increase/(decrease) in cash and cash equivalents

 Penyesuaian atas selisih kurs dalam kas dan setara kas                  (829)               (708)            (121)           17,09
 Foreign exchange adjustments in cash and cash equivalents

 Kas dan setara kas pada awal tahun                                   304.180             612.439       (308.259)            (50,33)
 Cash and cash equivalents at beginning of the year

 Kas dan setara kas pada akhir tahun                                  397.852             304.180          93.672             30,79
 Cash and cash equivalents at the end of the year




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Arus Kas Digunakan untuk Aktivitas Operasi                           Cash Flow Used in Operating Activities
Perseroan mencatat penurunan signifikan penggunaan kas               The Company recorded a significant decrease in net cash
bersih pada aktivitas operasi sebesar 72,58% sehingga                used in operating activities of 72.58%, resulting in a balance of
dibukukan menjadi Rp594,10 miliar pada posisi 31 Desember            Rp594.10 billion as of December 31, 2025, compared to Rp2.17
2025, dibandingkan Rp2,17 triliun pada periode yang sama             trillion in the same period of the previous year.
tahun sebelumnya.

Arus Kas Digunakan untuk Aktivitas Investasi                         Cash Flow Used in Investing Activities
Pada akhir 2025, penggunaan kas bersih untuk aktivitas               At the end of 2025, net cash used for investing activities
investasi tercatat sebesar Rp521,24 miliar, naik 7,32% atau          was recorded at Rp521.24 billion, an increase of 7.32% or
sebesar Rp485,68 miliar dibandingkan periode yang sama               by Rp485.68 billion in compared to the same period of the
tahun sebelumnya. Kenaikan ini terutama dipengaruhi oleh             previous year. This increase was mainly influenced by the
pembelian aset tetap dan investasi pada entitas asosiasi yang        purchase of fixed assets and investments in associated entities
dilakukan oleh Perseroan.                                            by the Company.

Arus Kas dari Aktivitas Pendanaan                                    Cash Flow from Financing Activities
Perseroan mencatat kas bersih sebesar Rp1,21 triliun dari            The company recorded net cash of Rp1.21 trillion from financing
aktivitas pendanaan, turun 48,40% dibandingkan Rp2,34 triliun        activities, an increase of 48.40% from Rp2.34 trillion in the
pada tahun sebelumnya.                                               previous year.


Rasio-Rasio Keuangan Utama
Key Financial Ratios


Dalam menjalankan kegiatan usaha pembiayaan, Perseroan               In conducting its financing activities, the Company always
senantiasa memastikan kepatuhan terhadap ketentuan POJK No.          complies with POJK No. 35/POJK.05/2018 (“POJK 35/2018”)
35/POJK.05/2018 (“POJK 35/2018”) tanggal 31 Desember 2018            dated December 31, 2018 concerning the Operation of Financing
mengenai Penyelenggaraan Usaha Perusahaan Pembiayaan,                Companies, along with other related regulations. Based on
beserta peraturan terkait lainnya. Berdasarkan regulasi tersebut,    these regulations, the Company calculates and monitors a
Perseroan menghitung dan memantau sejumlah rasio keuangan            number of financial ratios that must be met as a financing
yang wajib dipenuhi sebagai perusahaan pembiayaan, untuk             company, for the positions ending on December 31, 2025 and
posisi yang berakhir pada 31 Desember 2025 dan 31 Desember           December 31, 2024, as presented below:
2024, sebagaimana disajikan berikut:


        Rasio keuangan wajib berdasarkan POJK 35/2018
                                                                                 2025                             2024
              Financial ratios based on POJK 35/2018

 Rasio saldo piutang pembiayaan neto terhadap total aset                        90,52%                           87,18%
 Net financing receivables to asset ratio

 Rasio saldo piutang pembiayaan neto terhadap total pendanaan                   134,16%                         127,25%
 yang diterima
 Net financing receivables to funding ratio

 Rasio saldo piutang pembiayaan neto untuk pembiayaan investasi                 13,77%                           13,89%
 dan modal kerja dibandingkan dengan total saldo piutang
 pembiayaan
 Net financing receivables for investment and working capital
 financing to total financing receivables ratio




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        Rasio keuangan wajib berdasarkan POJK 35/2018
                                                                              2025                           2024
              Financial ratios based on POJK 35/2018

Rasio piutang pembiayaan bermasalah (”NPF”)-neto                             0,20%                           0,01%
Non-performing financing ratio (“NPF”)-net

Rasio ekuitas terhadap modal disetor                                       5.156,45%                       4.381,06%
Equity to paid-up capital ratio

Rasio permodalan                                                             31,68%                          30,14%
Capital ratio

                       Rasio Keuangan Lainnya
                                                                              2025                           2024
                         Other financial ratios

Imbal hasil aset                                                             11,48%                          12,41%
Return on assets (ROA)

Imbal hasil ekuitas                                                          32,09%                         36,27%
Return on equity (ROE)

Rasio utang terhadap aset                                                    0,72 x                          0,73 x
Total liabilities/total assets

Rasio utang terhadap ekuitas                                                 2,59 x                          2,75 x
Total liabilities/total equities

Gearing ratio                                                                 2,42                           2,58 x




Komitmen dan Kontinjensi
Commitments and Contingencies


Per 31 Desember 2025, Perseroan tidak memiliki liabilitas         As of December 31, 2025, the Company has no significant
kontinjensi yang signifikan.                                      contingent liabilities.




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Informasi Keuangan Material Lainnya
Other Material Financial Information




Kemampuan Membayar Utang dan Kolektibilitas Piutang & Rasio Keuangan yang Relevan
Ability to Pay Debt and Receivables Collectibility & Relevant Financial Ratios

Kemampuan Membayar Utang                                             Ability to Pay Debt
Pengelolaan likuiditas yang cermat dan terukur menjadi fondasi       Careful and measured liquidity management is the main
utama Perseroan dalam menjaga kelangsungan usaha karena              foundation of the Company in maintaining business continuity
secara langsung memengaruhi kemampuan perusahaan dalam               because it directly affects the company’s ability to meet both
memenuhi kewajiban finansial baik jangka pendek maupun               short-term and long-term financial obligations. From an external
jangka panjang. Dari perspektif eksternal, kredibilitas Perseroan    perspective, the Company’s credibility is reflected in the debt
tercermin melalui peringkat kredit yang diberikan oleh lembaga       ratings given by leading rating agencies in Indonesia, such as
pemeringkat terkemuka di Indonesia, seperti Pefindo dan Fitch        Pefindo and Fitch Ratings Indonesia. These ratings serve as
Ratings Indonesia. Pemeringkatan ini menjadi indikator objektif      an objective indicator of the Company’s ability to maintain a
atas kemampuan Perseroan dalam menjaga kesehatan struktur            healthy funding structure while demonstrating its capability to
pendanaan sekaligus menunjukkan kapabilitas Perseroan                fulfill all obligations on time.
menunaikan seluruh kewajiban tepat waktu.

Secara internal, Perseroan menjaga kualitas pendanaan dengan         Internally, the Company maintains the quality of its funding by
memantau secara konsisten rasio likuiditas dan solvabilitas yang     consistently monitoring liquidity and solvency ratios, which are
menjadi fondasi utama pengelolaan keuangan. Rasio-rasio ini          the main foundations of financial management. These ratios
mencerminkan kemampuan Perseroan dalam mengatur arus                 reflect the Company’s ability to manage cash flow, maintain
kas, mempertahankan kecukupan modal, dan memastikan                  adequate capital, and ensure that all financial obligations will
seluruh kewajiban finansial dapat dipenuhi tepat waktu               be fulfilled on time without obstacles.
tanpa hambatan.

Kemampuan Membayar Utang Jangka Pendek - Rasio                       Ability to Pay Short-Term Debt - Liquidity Ratio
Likuiditas

Perseroan secara konsisten memastikan pemenuhan kewajiban            The Company consistently meets its short-term obligations
jangka pendek melalui pengelolaan kas dan aset lancar yang           through disciplined cash and current asset management.
disiplin. Langkah-langkah ini meliputi pengaturan arus kas           These measures include managing cash inflows and outflows,
masuk dan keluar, pemanfaatan berbagai sumber dana secara            utilizing various sources of funds in a timely manner, maintaining
tepat waktu, pemeliharaan kualitas aset, serta pemantauan            asset quality, and closely monitoring all financial obligations
ketat seluruh kewajiban keuangan yang mendekati tanggal              approaching their due dates.
jatuh tempo.

Hasil perhitungan rasio likuiditas Perseroan selama dua tahun        The Company’s liquidity ratio calculations for the past two years
terakhir disajikan sebagai berikut:                                  are presented as follows:


                            Rasio Keuangan
                                                                                 2025                             2024
                             Financial Ratio

 Rasio kas                                                                        1,67%                            1,59%
 Cash ratio

 Rasio lancar                                                                  124,82%                           125,71%
 Current ratio




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Seiring membaiknya rasio likuiditas pada 2025, terlihat             As the liquidity ratio improves in 2025, there has been a
peningkatan signifikan dalam kemampuan Perseroan memenuhi           significant increase in the Company’s ability to fulfill its maturing
kewajiban jangka pendek yang jatuh tempo dibandingkan               short-term obligations compared to the previous year. This
tahun sebelumnya. Perbaikan ini mencerminkan efektivitas            improvement reflects the effectiveness of consistent cash
pengelolaan arus kas dan aset lancar yang konsisten,                flow and current asset management, enabling the Company
sehingga Perseroan mampu mempertahankan likuiditas yang             to maintain more flexible liquidity while remaining responsive
lebih longgar sekaligus tetap responsif terhadap kebutuhan          to short-term funding needs.
pendanaan jangka pendek.

Kemampuan Membayar Utang Jangka Panjang - Rasio                     Ability to Pay Long-Term Debt - Solvency Ratio
Solvabilitas

Perseroan menggunakan rasio solvabilitas sebagai indikator          The Company uses solvency ratios as key indicators to assess
utama untuk menilai kemampuan memenuhi kewajiban                    its ability to meet long-term debt obligations, one of which is
utang jangka panjang, salah satunya dengan mengukur rasio           by measuring the gearing ratio, which reflects the ratio of total
kewajiban berbunga terhadap ekuitas (gearing ratio) yang            interest-bearing liabilities to the Company’s equity.
mencerminkan perbandingan antara total kewajiban berbunga
dan ekuitas perusahaan.

Pada tahun 2025, gearing ratio Perseroan tercatat sebesar           In 2025, the Company’s gearing ratio was recorded at 2.42
2,42 kali, jauh di bawah batas maksimal 10 kali yang ditetapkan     times, well below the maximum limit of 10 times set in POJK
dalam POJK 35/2018. Angka ini menunjukkan bahwa Perseroan           35/2018. This figure shows that the Company has sufficient
memiliki kapasitas memadai untuk memenuhi kewajiban                 capacity to meet its short-term and long-term loan obligations
pinjaman jangka pendek maupun jangka panjang yang                   that carry interest expenses, while maintaining a healthy
mengandung beban bunga, sekaligus menjaga struktur modal            capital structure.
yang sehat.

Kemampuan dan kredibilitas Perseroan dalam memenuhi                 The Company’s ability and credibility in fulfilling its long-term
kewajiban utang jangka panjang tercermin dari peringkat             debt obligations are reflected in the idAAA/Stable Outlook
Corporate Rating idAAA/Stable Outlook yang diberikan oleh           Corporate Rating assigned by Pefindo, as well as the AAA(idn)/
Pefindo, serta Peringkat Nasional Jangka Panjang AAA(idn)/          Stable Outlook Long-Term National Rating by Fitch Ratings
Stable Outlook oleh Fitch Ratings Indonesia. Predikat ini           Indonesia. These ratings affirm the Company’s ability to maintain
menegaskan kemampuan Perseroan dalam menjaga kesehatan              financial stability while ensuring long-term funding stability. The
keuangan sekaligus memastikan stabilitas pendanaan jangka           Company’s commitment to maintaining its payment reputation
panjang. Komitmen Perseroan dalam menjaga reputasi                  is also reflected in its clean track record, with no defaults on
pembayaran juga tercermin dari rekam jejak yang bersih, di          principal or debt coupons since the issuance of its first debt
mana tidak pernah terjadi gagal bayar atas pokok maupun             securities until 2025.
kupon utang sejak penerbitan efek utang pertama hingga 2025.

Tingkat Kolektibilitas Piutang                                      Receivables Collectability Level
Dalam menyalurkan pembiayaan, Perseroan secara konsisten            In disbursing financing, the Company consistently monitors
memantau kondisi ekonomi nasional, termasuk arah kebijakan          national economic conditions, including the direction of BI
BI rate, karena hal ini berdampak langsung pada suku bunga          rate policy, as this has a direct impact on loan interest rates. In
pinjaman. Selain melakukan pemantauan pasar yang rutin,             addition to conducting regular market monitoring, the Company
Perseroan juga mengelola aset produktif secara efektif guna         also manages productive assets effectively to ensure that each
memastikan setiap pembiayaan melewati analisis kredit yang          financing undergoes a thorough credit analysis and obtains
menyeluruh dan memperoleh persetujuan dari pihak terkait.           approval from the relevant parties.

Pendekatan yang berhati-hati juga diterapkan Perseroan dalam        A cautious approach is also applied in handling non-performing
menangani pembiayaan bermasalah, dengan fokus pada disiplin         financing, with a focus on debtor discipline to encourge
debitur agar pembayaran dilakukan tepat waktu.                      timely payments.




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   Performance Highlights               Management Report                   Company Profile




Dengan mengedepankan prinsip kehati-hatian ini, Perseroan                    By prioritizing this principle of prudence, the Company has
berhasil menumbuhkan portofolio pembiayaan yang sehat                        succeeded in growing a healthy financing portfolio, as reflected
sebagaimana tercermin dari rasio NPF Neto tahun 2025 yang                    in the 2025 Net NPF ratio, which remains low at 0.20%.
tetap rendah sebesar 0,20%.


Struktur Modal dan Kebijakan Manajemen atas Struktur Modal Serta Dasar Penentuan Kebijakan
Capital Structure and Management Policy on Capital Structure and Basis for Policy Determination


Kebijakan Manajemen atas Struktur Permodalan                                 Management Policy on Capital Structure
Perseroan mengelola struktur modal secara hati-hati dan                      The Company manages its capital structure carefully and
optimal dengan tujuan memaksimalkan nilai bagi pemegang                      optimally with the aim of maximizing value for shareholders and
saham serta pemangku kepentingan, sekaligus menekan biaya                    stakeholders, while reducing the cost of capital. In maintaining
modal (cost of capital). Dalam menjaga kesehatan struktur                    a healthy capital structure and supporting long-term business
permodalan dan mendukung keberlanjutan usaha jangka                          sustainability, the Company has the flexibility to adjust its
panjang, Perseroan memiliki fleksibilitas untuk menyesuaikan                 dividend distribution policy, regulate returns on capital for
kebijakan pembagian dividen, mengatur imbal hasil modal                      shareholders, or issue new shares to reduce dependence
bagi pemegang saham, atau menerbitkan saham baru guna                        on loans.
mengurangi ketergantungan pada pinjaman.

Ke b i j a k a n p e r m o d a l a n Pe r s e r o a n s e n a n t i a s a    The Company’s capital policy always considers the efficient
mempertimbangkan efisiensi penggunaan modal, dengan                          use of capital, taking into account cash flows from operations
memperhatikan arus kas dari operasi dan belanja modal,                       and capital expenditures, while projecting future capital
sekaligus memproyeksikan kebutuhan modal di masa depan.                      requirements. The Board of Directors regularly reviews the
Direksi secara rutin meninjau kualitas struktur permodalan,                  quality of the capital structure, both in terms of capital costs
baik dari sisi biaya modal maupun risiko yang terkait, untuk                 and associated risks, to ensure sufficient capital to cover the
memastikan kecukupan modal dalam menutup risiko yang                         risks inherent in business activities.
melekat pada kegiatan usaha.

Sejalan dengan ketentuan POJK 35/2018, Perseroan                             In line with POJK 35/2018, the Company considers the maximum
memperhatikan batas maksimum gearing ratio bagi perusahaan                   gearing ratio limit for financing companies, which is no more
pembiayaan, yaitu tidak lebih dari 10 kali total modal. Rasio                than 10 times the total capital. This ratio is calculated by dividing
ini dihitung dengan membagi nilai bersih pinjaman, termasuk                  the net value of loans, including bonds and MTNs, by the total
obligasi dan MTN terhadap total modal yang bersumber dari                    capital sourced from equity as recorded in the statement of
ekuitas sebagaimana tercatat dalam laporan posisi keuangan.                  financial position.

Struktur Permodalan                                                          Capital Structure
Struktur modal Perseroan terdiri dari dua komponen utama,                    The Company’s capital structure consists of two main
yaitu modal sendiri (ekuitas) dan utang (liabilitas). Tabel berikut          components, namely equity and liabilities. The following table
menyajikan perbandingan komposisi permodalan Perseroan                       presents a comparison of the Company’s capital composition
untuk periode yang berakhir pada 31 Desember 2025 dan 2024:                  for the periods ending December 31, 2025 and 2024:




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(Dalam Juta Rp)
(In million Rp)

                           Rasio Keuangan
                                                                                         2025                            2024
                             Description

 Pinjaman                                                                             24.729.091                      22.736.202
 Borrowings

 Surat berharga yang diterbitkan                                                      10.273.447                       8.620.483
 Securities issued

 Jumlah pinjaman                                                                     35.002.538                       31.356.685
 Total debt

 Ekuitas                                                                              14.438.072                       12.175.713
 Equity

 Gearing ratio                                                                          2,42 x                           2,58 x


Gearing ratio Perseroan untuk pelaporan yang berakhir pada                   The Company’s gearing ratio for the reporting periods ending
31 Desember 2025 dan 31 Desember 2024 tetap berada di                        December 31, 2025, and December 31, 2024, remained below
bawah batas maksimum yang ditetapkan oleh POJK 35/2018.                      the maximum limit set by POJK 35/2018. This indicates that the
Hal ini menunjukkan bahwa struktur permodalan Perseroan                      Company’s capital structure continues to be maintained in a
terus dijaga agar sehat dan memadai, sesuai ketentuan                        healthy and adequate manner, in accordance with regulatory
regulator bagi perusahaan pembiayaan.                                        requirements for financing companies.

Dasar Penentuan Kebijakan Manajemen atas Struktur                            Basis for Determining Management Policy on Capital
Permodalan                                                                   Structure
Rencana permodalan Perseroan disusun secara terpadu                          The Company’s capital planning is always aligned with its annual
dengan strategi bisnis tahunan untuk memastikan struktur                     business strategy, with the aim of ensuring the availability of
modal yang kuat dan mendukung arah pertumbuhan                               an adequate capital structure to support its growth direction
perusahaan. Pendekatan ini memberikan fleksibilitas keuangan                 and business strategy implementation. This approach
sekaligus menjamin kapasitas pendanaan yang memadai bagi                     provides financial flexibility while securing adequate funding
pelaksanaan berbagai inisiatif operasional dan ekspansi.                     capacity for the implementation of various operational and
                                                                             expansion initiatives.

Dalam menetapkan komposisi modal, Perseroan senantiasa                       In determining the capital composition, the Company always
mengacu pada ketentuan POJK 35/2018, yang mengatur                           refers to the provisions of POJK 35/2018, which regulates
beberapa persyaratan utama, antara lain:                                     several main requirements, including:
1. M o d a l d i s e t o r P e r s e r o a n m i n i m a l s e b e s a r     1. The Company’s paid-up capital is at least Rp100,000,000,000;
   Rp100.000.000.000;
2. Ekuitas Perseroan minimal sebesar 50,00% dari modal                       2. The Company’s equity must be at least 50.00% of its paid-
   disetor; dan                                                                 up capital; and
3. Jumlah pinjaman Perseroan, dibandingkan dengan modal                      3. The Company’s total borrowings, compared to its own
   sendiri dan utang subordinasi dikurangi penyertaan (gearing                  capital and subordinated debt net of investments (gearing
   ratio), tidak boleh melebihi 10 kali, baik untuk pinjaman                    ratio), must not exceed 10 times, for both domestic and
   dalam negeri maupun luar negeri.                                             foreign borrowings.

Melalui penerapan kebijakan permodalan yang disiplin dan                     Through the implementation of a disciplined capital policy that
selaras dengan ketentuan regulator, Perseroan mampu                          is in line with regulatory requirements, the Company is able
mempertahankan struktur modal yang sehat, mendukung                          to maintain a healthy capital structure, support sustainable
pertumbuhan berkelanjutan, serta memastikan kapasitas                        growth, and ensure adequate funding capacity for all future
pendanaan yang memadai untuk seluruh kegiatan operasional                    operational and expansion activities.
dan ekspansi di masa depan.




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Ikatan Material untuk Investasi Barang Modal
Material Commitment on Capital Expenditure

Pada tahun buku 2025 Perseroan tidak memiliki ikatan material         In 2025 fiscal year, the Company has no material commitments
untuk investasi barang modal. Dengan demikian, Perseroan              for capital goods investments. Therefore, the Company does
tidak menyajikan informasi yang berkaitan dengan hal tersebut,        not present information related to this, including:
di antaranya berupa:
1. Nama dari pihak yang melakukan ikatan;                             1. The name of the party making the commitment;
2. Tujuan dari perikatan;                                             2. The purpose of the commitment;
3. Sumber dana yang disiapkan untuk memenuhi                          3. The source of funds prepared to fulfill the commitment;
    perikatan tersebut;
4. Denominasi mata uang dalam ikatan tersebut; dan                    4. The currency denomination of the commitment; and
5. Langkah-langkah yang direncanakan Perseroan untuk                  5. The measures planned by the Company to hedge the risk
    melindungi risiko dari posisi mata uang asing yang terkait.          of the related foreign currency position.


Realisasi Investasi Barang Modal pada Tahun Buku 2025
Investment in Capital Expenditure in 2025 Fiscal Year


Sepanjang 2025, Perseroan melaksanakan belanja modal                  Throughout 2025, the Company implemented capital
untuk mendukung kelancaran kegiatan operasional, yang                 expenditure to support the smooth operation of its operational
sepenuhnya dibiayai dari kas internal dan menggunakan mata            activities, which was fully financed from internal cash and using
uang Rupiah. Rincian realisasi belanja modal selama 2 (dua)           the Rupiah currency. Details of capital expenditure realization
tahun terakhir disajikan sebagai berikut:                             over the last 2 (two) years are presented as follows:

(Dalam Juta Rp)
(In million Rp)

     Jenis Belanja Modal                            Tujuan
                                                                                            2025                       2024
  Type of Capital Expenditure                      Objective

 Aset kepemilikan langsung
 Direct ownership assets

 Tanah                                                                                         245                            -
 Land

 Tanah-pembaharuan                                                                                 -                          -
 Land-renewal

 Bangunan                                                                                     8.189                     6.228
 Buildings

 Prasarana bangunan              Mendukung kegiatan operasional Perusahaan                  48.002                    58.650
 Building improvements          Supporting the Company's operational activities.

 Kendaraan                                                                                         -                     1.167
 Vehicles

 Peralatan kantor                                                                          295.589                   262.088
 Office equipment

 Perabot kantor                                                                              13.748                    15.368
 Furniture and fixtures

 Jumlah                                                                                    365.773                   343.501
 Total




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Dampak Nilai Tukar
Impact of Exchange Rates

Transaksi yang dilakukan Perseroan dalam mata uang asing           Transactions conducted by the Company in foreign currencies
dijabarkan ke dalam Rupiah menggunakan kurs yang berlaku           are translated into Rupiah using the exchange rate prevailing
pada tanggal transaksi. Pada tanggal laporan posisi keuangan,      on the transaction date. On the date of the financial position
aset dan liabilitas moneter dalam mata uang asing dijabarkan       report, monetary assets and liabilities in foreign currencies
dengan kurs yang berlaku pada tanggal tersebut. Selisih kurs       are translated using the exchange rate prevailing on that date.
yang timbul dari transaksi dalam mata uang asing maupun dari       Exchange differences arising from transactions in foreign
penjabaran aset dan liabilitas moneter diakui dalam laporan        currencies and from the translation of monetary assets and
laba rugi dan penghasilan komprehensif lain.                       liabilities are recognized in the income statement and other
                                                                   comprehensive income.

Pada 31 Desember 2025, kurs yang digunakan adalah kurs             On December 31, 2025, the exchange rate used was the Bank
tengah Bank Indonesia sebesar Rp16.782 per 1 Dolar Amerika         Indonesia middle rate of Rp16,782 per 1 US Dollar, compared
Serikat, dibandingkan dengan kurs sebesar Rp16.162 per 1 Dolar     to the exchange rate of Rp16,162 per 1 US Dollar on December
AS pada 31 Desember 2024.                                          31, 2024.


Informasi dan Fakta Material yang Terjadi Setelah Tanggal Laporan Akuntan
Material Information and Facts Subsequent to Reporting Date


Pada tanggal 20 Februari 2025, Akuntan Hendra Setiadi,             On February 20, 2025, Accountant Hendra Setiadi, CPA, with
CPA, dengan surat izin praktik akuntan publik No. AP.2087,         public accountant practice license No. AP.2087, signed the
telah menandatangani laporan keuangan audited Perseroan            Company’s audited financial statements for the period ending
untuk periode yang berakhir pada 31 Desember 2025.                 December 31, 2025. The financial statements were audited
Laporan keuangan tersebut diaudit oleh Kantor Akuntan              by the Public Accounting Firm Rintis, Jumadi, Rianto & Rekan
Publik Rintis, Jumadi, Rianto & Rekan (dahulu KAP Tanudiredja,     (formerly KAP Tanudiredja, Wibisana, Rintis & Rekan), which
Wibisana, Rintis & Rekan), yang merupakan firma anggota            is a member firm of the PricewaterhouseCoopers network.
jaringan PricewaterhouseCoopers.

Dalam laporan tersebut dinyatakan bahwa tidak terdapat             The report states that there is no material information or facts
informasi maupun fakta material yang terjadi setelah tanggal       that occurred after the date of the accountant’s report that
laporan akuntan yang perlu diungkapkan.                            need to be disclosed.


Perbandingan antara Target dan Realisasi Tahun 2025, Serta Proyeksi Kinerja Tahun 2026
Comparison between Target and Realization in 2025, and Projected Performance In 2026


Perseroan menutup tahun 2025 dengan pencapaian kinerja             The Company ended 2025 with solid performance, even
yang solid, bahkan melampaui target tahunan yang telah             exceeding the annual targets set at the beginning of the year.
ditetapkan di awal tahun. Hasil ini menjadi acuan penting          These results serve as an important reference for evaluating the
untuk mengevaluasi efektivitas strategi yang telah dijalankan,     effectiveness of the strategies that have been implemented, as
sekaligus menjadi dasar dalam menetapkan target-target yang        well as a basis for setting more realistic and ambitious targets
lebih realistis dan ambisius untuk tahun berikutnya.               for the following year.

Uraian perbandingan antara target dan realisasi kinerja            A comparison between the Company’s financial targets and
keuangan Perseroan untuk periode yang berakhir pada                actual performance for the period ending December 31, 2025
31 Desember 2025 disajikan sebagai berikut:                        is presented as follows:




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                                                                            2025
                                                                                                               Proyeksi 2026
                  Paramater                                                 Realisasi                        (dalam Jutaan Rp)
                                                     Target
                  Parameter                                            (dalam Jutaan Rp)   Pencapaian (%)     2026 Projection
                                              (dalam Jutaan Rp)
                                                                         Realization (in   Achievement (%)     (in millions Rp)
                                             Target (in millions Rp)
                                                                           millions Rp)

 Posisi Keuangan
 Financial Position

 Jumlah aset                                       46.811.103             51.877.739           110,82          53.432.563
 Total assets

 Jumlah liabilitas                               32.333.658               37.439.667           115,79           36.561.410
 Total liabilities

 Jumlah ekuitas                                   14.477.445              14.438.072           99,73             16.871.152
 Total equity

 Laba (Rugi)
 Profit (Loss)

 Jumlah penghasilan                                14.123.429             13.514.572           95,69            15.437.584
 Total income

 Jumlah beban                                     (8.267.922)             (7.561.068)          91,45             9.352.582
 Total expenses

 Laba sebelum pajak penghasilan                   5.855.507               5.953.504            101,67           6.085.002
 Profit before income tax

 Beban pajak penghasilan                          (1.292.778)             (1.320.875)          102,17            (1.343.129)
 Income tax expense

 Laba bersih                                       4.562.729               4.632.629           101,53             4.741.873
 Net income

 Arus Kas
 Cash Flow

 Arus kas dari aktivitas operasi                  2.588.096                 (594.101)         (22,96)              1.417.581
 Cash flow from operating activities

 Arus kas dari aktivitas investasi                 (368.406)                (521.235)          141,48             (443.744)
 Cash flow from investing activities

 Arus kas dari aktivitas pendanaan                (1.989.447)              1.209.837          (60,81)             (887.318)
 Cash flow from financing activities

 Kenaikan bersih kas dan setara kas                  230.243                  94.501            41,04               86.519
 Net decrease in cash and cash
 equivalents

 Penyesuaian atas selisih kurs dalam kas                     -                  (829)            100                       -
 dan setara kas
 Foreign exchanges adjustment in cash
 and cash equivalents

 Kas dan setara kas pada awal tahun                 550.459                  304.180           55,26               446.813
 Cash and cash equivalents at beginning
 of year

 Kas dan setara kas akhir tahun                      780.702                397.852            50,96               533.332
 Cash and cash equivalents at end of
 year




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                                                                             2025
                                                                                                                           Proyeksi 2026
                 Paramater                                                  Realisasi                                    (dalam Jutaan Rp)
                                                     Target
                 Parameter                                             (dalam Jutaan Rp)          Pencapaian (%)          2026 Projection
                                              (dalam Jutaan Rp)
                                                                         Realization (in          Achievement (%)          (in millions Rp)
                                             Target (in millions Rp)
                                                                           millions Rp)

 Lain-lain
 Others

 Biaya pelatihan SDM                                 51.793                  55.910                   107,95 %                 60.920
 Human capital training costs

 Kebijakan dividen                             Kebijakan dividen Perseroan senantiasa mengacu pada perundang-undangan yang berlaku.
 Dividend policy                                 Inisiatif pembagian dividen dilakukan setiap tahun melalui RUPS Tahunan dengan tetap
                                                                         memperhatikan kondisi keuangan Perseroan.
                                              The Company's dividend policy always refers to the applicable laws and regulations. Dividend
                                               distribution initiatives are carried out annually through the General Meeting of Shareholders
                                                                  (GMS), considering the financial condition of the Company.

                                                                             2025
                 Paramater                                                                                                 Proyeksi 2026
                 Parameter                           Target                 Realisasi               Pencapaian             2026 Projection
                                                     Target                Realization              Achievement

 Rasio pembayaran dividen                    Minimal 20% dari laba            50%                 Lebih besar dari      Minimal 20% dari laba
 Dividend payout ratio                          tahun berjalan                                     ketentuan 20%         tahun sebelumnya
                                               Minimum 20% of                                   terhadap laba tahun       Minimum 20% of
                                              current year profit                                     berjalan           previous year profit
                                                                                                  Higher than the
                                                                                                20% requirement of
                                                                                                 current year profit

 Rasio gearing                                  Maksimal 10 kali            2,42 kali          Di bawah batas 10 kali    Menjaga di bawah
 Gearing ratio                                 Maximum 10 times            2.42 times           Below the limit of 10   batas regulasi 10 kali
                                                                                                       times             Maintain below the
                                                                                                                        regulatory limit of 10
                                                                                                                                times




Perseroan menutup tahun 2025 dengan pencapaian kinerja                   The Company ended 2025 with solid performance, even
yang solid bahkan sebagian besar berhasil melampaui                      exceeding most of the annual targets set at the beginning
target tahunan yang telah ditetapkan di awal tahun.                      of the year. This achievement reflects the effectiveness of
Pencapaian ini mencerminkan efektivitas strategi bisnis,                 the Company’s business strategy, operational resilience, and
ketangguhan operasional, serta disiplin dalam pengelolaan                financial management discipline.
keuangan Perseroan.

Berdasarkan uraian pada tabel di atas, penghasilan Perseroan             Based on the description in the table above, the Company’s
terealisasi sebesar Rp13,51 triliun dan laba bersih dibukukan            income was realized at a value of Rp13.51 trillion and net profit
sebesar Rp4,63 triliun. Hasil kinerja top line dan bottom line           was recorded at a value of Rp4.63 trillion. These top line and
tersebut menunjukkan capaian yang signifikan dibandingkan                bottom line performance results show significant achievements
target awal. Sementara itu arus kas dari aktivitas operasi,              compared to the initial targets. Meanwhile, cash flows from
investasi, dan pendanaan juga menunjukkan pengelolaan                    operating, investing, and financing activities also showed
likuiditas yang terukur sehingga kas dan setara kas Perseroan            measured liquidity management, resulting in an increase in
meningkat menjadi Rp397,85 miliar pada akhir tahun atau                  the Company’s cash and cash equivalents to Rp397.85 billion
tercapai 50,96% terhadap target.                                         at the end of the year, or 50.96% of the target.




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Dari sisi permodalan, struktur modal tetap sehat dengan ekuitas    In terms of capital, the capital structure remained healthy with
tercatat sebesar Rp14,8 triliun dan gearing ratio berada dalam     recorded equity of Rp14.8 trillion and a gearing ratio within the
batas yang ditetapkan regulator.                                   limits set by regulators.

Pencapaian target 2025 menjadi acuan utama bagi Perseroan          The achievement of the 2025 targets is the main reference for
dalam mengevaluasi efektivitas strategi dan pelaksanaan            the Company in evaluating the effectiveness of its strategies
kegiatan usaha sepanjang tahun. Hasil kinerja yang positif         and business activities throughout the year. These positive
ini sekaligus menjadi dasar untuk menetapkan target-               results also serve as the basis for setting more realistic and
target 2026 yang lebih realistis dan ambisius, dengan tetap        ambitious targets for 2026, while continuing to prioritize the
mengedepankan prinsip kehati-hatian, efisiensi, serta menjaga      principles of prudence, efficiency, and maintaining the quality
kualitas portofolio pembiayaan.                                    of the financing portfolio.

Kebijakan Dividen dan Pembagiannya
Dividend Policy and Its Distribution


Kebijakan Dividen                                                  Dividend Policy
Dalam menetapkan kebijakan pembagian dividen, Perseroan            In determining its dividend distribution policy, the Company
selalu mempertimbangkan sejumlah faktor utama, antara              always considers a number of key factors, including its
lain posisi permodalan saat ini, proyeksi kebutuhan modal          current capital position, projected future capital requirements,
di masa depan, kepatuhan terhadap peraturan perundang-             compliance with laws and regulations, particularly those relevant
undangan terutama yang relevan bagi perusahaan pembiayaan,         to financing companies, the achievement of financial ratios,
pencapaian rasio keuangan, serta rencana dan prospek usaha         and medium to long-term business plans and prospects. This
jangka menengah hingga panjang. Pendekatan ini memastikan          approach guarantees that every decision related to profit
bahwa setiap keputusan terkait distribusi laba selaras dengan      distribution is aligned with the Company’s growth strategy,
strategi pertumbuhan Perseroan, sekaligus menjaga kesehatan        while maintaining sustainable financial health.
keuangan secara berkelanjutan.

Sebelum berakhirnya tahun buku, Perseroan diwajibkan               Before the end of the fiscal year, the Company is required
menyisihkan sebagian laba bersih sebagai cadangan hingga           to set aside a portion of its net income as reserves until it
mencapai minimal 20% dari modal yang ditempatkan dan               reaches a minimum of 20% of its issued and fully paid-up
disetor penuh. Sesuai ketentuan Undang-Undang No. 40               capital. In accordance with the provisions of Law No. 40 of
Tahun 2007 tentang Perseroan Terbatas, pembagian dividen           2007 concerning Limited Liability Companies, the distribution of
dilakukan berdasarkan keputusan RUPS, di mana masukan dari         dividends is based on the resolution of the GMS, in which input
Manajemen menjadi pertimbangan penting, termasuk dalam             from Management is an important consideration, including in
menentukan besaran penyisihan untuk cadangan. Apabila              determining the amount of provisions. Unless the GMS decides
RUPS tidak memutuskan lain, maka sisa laba bersih setelah          otherwise, the remaining net income, net of allowance for
dikurangi cadangan akan dibagikan kepada pemegang saham            reserves will be distributed to shareholders as dividends.
sebagai dividen.

Dengan melakukan analisis yang cermat terhadap struktur            By conducting a careful analysis of the capital structure and cash
permodalan dan arus kas, kebijakan dividen yang ditetapkan         flow, the dividend policy determined by the GMS is designed
RUPS dirancang agar tidak berdampak negatif terhadap kinerja       so as not to have a negative impact on the Company’s financial
keuangan maupun profil risiko Perseroan.                           performance and risk profile.

Kronologis Pembagian Dividen RUPS Selama 2 (Dua)                   Chronology of Dividend Distribution at the General
Tahun Terakhir                                                     Meeting of Shareholders for the Past Two Years
Sesuai keputusan RUPS Tahunan yang diselenggarakan pada            In accordance with the resolution of the Annual GMS held
21 April 2025, Perseroan memutuskan untuk membagikan               on April 21, 2025, the Company decided to distribute a
dividen final senilai Rp1,48 triliun kepada pemegang saham atas    final dividend worth Rp1.48 trillion to shareholders for the
kinerja tahun buku 2024. Pada tahun sebelumnya, Perseroan          performance of the 2024 financial year. In the previous year,
juga membagikan dividen senilai Rp2,79 triliun untuk tahun         the Company also distributed dividends worth Rp2.79 trillion
buku 2023.                                                         for the 2023 financial year.




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Uraian lebih lanjut mengenai kronologis pembagian dividen                 Further details regarding the chronology of dividend
selama 2 (dua) tahun terakhir adalah sebagai berikut:                     distributions over the past two (2) years are as follows:


                 Uraian
                                                             2025                                                2024
               Description

 Dasar hukum                            Akta Pernyataan Keputusan Rapat tertanggal 9       Akta Pernyataan Keputusan Rapat tertanggal 2
 Legal basis                            Mei 2025                                           Mei 2024
                                        Deed of Meeting Resolution dated May 9, 2025       Deed of Meeting Resolution dated May 2, 2024

 Tahun buku                             Laporan Keuangan audit tahun 2024                  Laporan keuangan audit tahun 2023
 Fiscal year                            Audited Financial Statements for the year 2024     Audited Financial Statements for the year 2023

 Total dividen yang dibagikan           Total dividen yang dibagikan:                      Total dividen yang dibagikan:
 Total dividends distributed            • Dividen interim: Rp773 miliar                    • Dividen interim: RpRp727 miliar
                                        • Dividen final: Rp1,48 triliun                    • Dividen final: Rp2,79 triliun

                                        Total dividends distributed:                       Total dividends distributed:
                                        • Interim dividends: Rp773 billion                 • Interim dividends: Rp727 billion
                                        • Final dividends: Rp1.48 trillion                 • Final dividends: Rp2,79 trillion

 Jumlah dividen per saham               Rp7.885 per saham                                  Rp14.669 per saham
 Dividend per share                     Rp7,885 per share                                  Rp14,669 per share

 Persentase dividen yang dibagikan      50%                                                100%
 terhadap laba bersih (payout ratio)
 Percentage of dividends distributed
 to net income (payout ratio)

 Tanggal pengumuman distribusi          28 Mei 2025                                        22 Mei 2024
 dividen tunai                          May 28, 2025                                       May 22, 2024
 Announcement date of cash
 dividend distribution

 Tanggal pembayaran dividen tunai       •   Dividen interim: 24 Oktober 2024               •    Dividen interim: 24 Oktober 2023
 Cash dividend payment date             •   Dividen final: 28 Mei 2025                     •    Dividen final: 22 Mei 2024

                                        •   Interim dividend: October 24, 2024             •    Interim dividend: October 24, 2023
                                        •   Final dividend: May 28, 2025                   •    Final dividend: May 22, 2024




Dasar Kebijakan Pembagian Dividen                                         Dividend Distribution Policy
Kebijakan pembagian dividen Perseroan berpedoman pada                     The Company’s dividend distribution policy is based on the
Anggaran Dasar Perseroan, khususnya Pasal 18 ayat (1) sampai              Company’s Articles of Association, specifically Article 18
dengan ayat (5), yang mengatur bahwa Laba Bersih dalam                    paragraphs (1) to (5), which stipulate that Net Income in a fiscal
suatu tahun buku sebagaimana tercantum dalam laporan posisi               year as stated in the financial position report and statement
keuangan dan laporan laba rugi yang telah disahkan oleh Rapat             of profit or loss approved by the Annual General Meeting of
Umum Pemegang Saham (RUPS) Tahunan serta menunjukkan                      Shareholders (AGMS) and shows a positive profit balance,
saldo laba positif, dibagikan sesuai dengan keputusan RUPS                shall be distributed in accordance with the GMS resolution
mengenai penggunaan laba.                                                 regarding the use of profits.




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Prospek Usaha Tahun 2026
Business Prospects in 2026

Memasuki tahun 2026, prospek usaha Perseroan lebih                    Heading into 2026, the Company’s business prospects is more
menjanjikan dengan mempertimbangkan kondisi makro yang                promising, considering the relatively stable macroeconomic
relatif lebih terjaga di dalam negeri, serta ruang pertumbuhan        conditions in the country and the growth potential in the
di industri pembiayaan yang masih ada meski diiringi                  financing industry, despite a number of risks. Domestically,
sejumlah risiko. Secara domestik, BI masih akan melanjutkan           BI will continue to implement monetary policies that support
implementasi kebijakan moneter yang mendukung terjaganya              stability while promoting economic growth. Until the end of
stabilitas sekaligus mendorong pertumbuhan ekonomi. Sampai            2025, BI has decided to maintain the BI Rate at 4.75% and has
dengan akhir 2025, BI memutuskan mempertahankan BI Rate               affirmed its commitment to continue monitoring the prospects
pada level 4,75% dan menegaskan komitmen untuk terus                  for growth, inflation, and exchange rate stability by utilizing the
mencermati prospek pertumbuhan, inflasi, serta stabilitas             room for interest rate cuts where possible. This policy is also
nilai tukar dengan memanfaatkan ruang penurunan suku                  supported by measures to strengthen money market liquidity
bunga apabila memungkinkan. Kebijakan ini juga didukung               and accelerate the transmission of interest rate cuts, all of
oleh langkah-langkah untuk memperkuat likuiditas pasar                which are aimed at promoting sustainable economic growth.
uang dan mempercepat transmisi penurunan suku bunga,
yang semua diarahkan untuk mendorong pertumbuhan
ekonomi berkelanjutan.

Sementara itu dari perspektif industri multifinance, regulator dan    On the other hand, from the perspective of the multifinance
para pelaku pasar melihat adanya prospek pertumbuhan yang             industry, regulators and market players believe that growth
tetap positif pada 2026. OJK menyampaikan proyeksi bahwa              prospects will remain positive in 2026. The FSA has projected
kinerja perusahaan multifinance akan tetap tumbuh positif,            that the performance of multifinance companies will continue to
walaupun tantangan masih membayangi. Data industri hingga             grow positively, even though challenges may still arise. Industry
September 2025 mencerminkan bahwa meskipun piutang                    data up to September 2025 revealed that although financing
pembiayaan tumbuh melambat, namun indikator kualitas aset             receivables grew at a slower pace, asset quality indicators such
seperti NPF mengalami perbaikan. Kondisi ini membuka ruang            as NPF improved. This condition opens up opportunities for
bagi Perseroan untuk tetap melakukan ekspansi penyaluran              the Company to continue to expand its financing distribution
pembiayaan secara hati‑hati, memanfaatkan momentum                    cautiously, taking advantage of the available growth momentum,
pertumbuhan yang tersedia, sekaligus menjaga kualitas aset            while maintaining asset quality to prevent it from weakening
agar tidak melemah oleh guncangan eksternal atau internal.            due to external or internal shocks.

Dalam kerangka strategi bisnis, kombinasi landasan makro yang         Within the framework of its business strategy, the combination
relatif stabil dan outlook industri yang positif menempatkan          of a relatively stable macroeconomic foundation and a
Perseroan pada posisi yang lebih siap memanfaatkan berbagai           positive industry outlook puts the Company in a position to
peluang di 2026. Menyambut peluang tersebut, Perseroan                better take advantage of various opportunities in 2026. To
memfokuskan upaya pada percepatan digitalisasi proses,                welcome these opportunities, the Company is focusing its
baik di tahap originasi maupun penagihan. Pendekatan ini              efforts on accelerating the digitization of processes, both at
memungkinkan penurunan biaya operasional, percepatan                  the origination and collection stages. This approach enables
layanan kepada debitur, serta perbaikan tingkat kolektabilitas.       a reduction in operating costs, faster service to debtors, and
Strategi efisiensi ini diyakini akan menjadi kunci apabila tekanan    improved collectability rates. This efficiency strategy is believed
biaya atau suku bunga kembali meningkat karena Perseroan              to be key if cost or interest rate pressures increase again, as
dapat merespons dengan cepat tanpa mengorbankan kualitas              the Company can respond quickly without compromising the
analisis kredit.                                                      quality of its credit analysis.

Perseroan juga memandang strategi diversifikasi produk                The Company also considers the strategy of diversifying
dan kanal distribusi masih sangat relevan untuk diterapkan            products and distribution channels to be highly relevant for
pada 2026 mendatang, mengingat ruang pasar yang masih                 implementation in 2026, given the wide open market space.
terbuka lebar. Dengan pendekatan ini, Perseroan dapat                 With this approach, the Company can further penetrate potential
memperdalam penetrasi ke segmen‑segmen potensial                      segments while exploring new financing products that are more
sekaligus mengeksplorasi produk pembiayaan baru yang                  suited to the needs of consumers or distribution partners in
lebih sesuai dengan kebutuhan konsumen atau mitra penyalur            the coming years. This strategy is projected to help reduce




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di tahun‑tahun mendatang. Strategi ini diproyeksikan dapat            dependence on a single product type or region in the event
membantu mengurangi ketergantungan pada satu jenis produk             of a slowdown in a particular segment.
atau wilayah tertentu saat terjadi perlambatan di satu segmen.

Sementara itu dari sisi pengelolaan bisnis, inisiatif penguatan       At the same time, in terms of business management, initiatives
manajemen risiko dan kualitas aset tetap menjadi prioritas            to strengthen risk management and asset quality remain a
Perseroan. Tekanan NPF pada beberapa periode sebelumnya               priority for the Company. NPF pressures in several previous
mengingatkan pentingnya pengawasan yang ketat terhadap                periods have highlighted the importance of strict supervision of
kolektabilitas dan penyisihan kerugian. Oleh karena itu, strategi     collectability and allowance. Therefore, the expansion strategy
ekspansi tetap diimbangi dengan mekanisme mitigasi risiko             is balanced with strong risk mitigation mechanisms, including
yang kuat, termasuk pemantauan arus kas debitur, analisis             monitoring debtor cash flows, conducting regular portfolio
portofolio secara rutin, serta penyesuaian kebijakan pembiayaan       analysis, and adjusting financing policies when necessary.
bila diperlukan. Dengan begitu, Perseroan memastikan bahwa            Therefore, the Company ensures that business growth
pertumbuhan usaha tidak mengorbankan kesehatan portofolio,            does not compromise the health of its portfolio, enabling it
sehingga tetap memiliki kemampuan untuk menghadapi                    to face market dynamics and potential external shocks with
dinamika pasar dan potensi guncangan eksternal dengan                 adequate resilience.
daya tahan yang memadai.

Terakhir, pemanfaatan fleksibilitas pendanaan dan struktur            Lastly, the utilization of funding flexibility and a healthy capital
modal yang sehat diyakini akan memperkuat daya tahan                  structure is believed to strengthen the Company’s resilience
Perseroan terhadap fluktuasi eksternal. Strategi pendanaan            to external fluctuations. A prudent funding strategy, including
yang prudent, termasuk diversifikasi sumber pembiayaan dan            diversification of financing sources and monitoring of financial
pemantauan rasio keuangan dapat memberikan ruang bagi                 ratios, provides the Company with the space to maintain liquidity
Perseroan untuk menjaga likuiditas dan solvabilitas dalam             and solvency in various economic scenarios.
berbagai skenario ekonomi.

Keseluruhan gambaran tersebut menunjukkan bahwa prospek               This overall picture shows that the Company’s business
usaha Perseroan untuk 2026 berada pada jalur potensi                  prospects for 2026 is on track for sustainable growth. By
pertumbuhan yang berkelanjutan. Dengan menerapkan strategi            implementing integrated business strategies across all aspects
bisnis yang terintegrasi di seluruh aspek usaha dan operasional,      of its business and operations, the Company is optimistic that
Perseroan optimis dapat memperkuat posisi kompetitifnya di            it is able to strengthen its competitive position in the financing
pasar pembiayaan, meningkatkan efisiensi operasional, serta           market, improve operational efficiency, and create sustainable
menciptakan nilai tambah yang berkelanjutan bagi pemegang             added value for shareholders and all stakeholders.
saham dan seluruh pemangku kepentingan.


Aspek Pemasaran
Marketing Aspects


Strategi Pemasaran                                                    Marketing Strategy
Sepanjang tahun 2025, Direksi telah mengeksekusi serangkaian          Throughout 2025, the Board of Directors has executed
inisiatif strategis yang selaras dengan arahan dan rekomendasi        a series of strategic initiatives in line with the directives
Dewan Komisaris, dengan pemasaran ditempatkan sebagai                 and recommendations of the Board of Commissioners,
salah satu pilar utama untuk mendorong pertumbuhan bisnis             with marketing positioned as one of the main pillars to
yang berkelanjutan. Meskipun Perseroan tetap menekankan               drive sustainable business growth. Although the Company
peningkatan efisiensi operasional dan penguatan manajemen             continues to emphasize improving operational efficiency and
risiko, upaya pemasaran tidak kalah digencarkan untuk                 strengthening risk management, marketing efforts have been
memperluas jangkauan pasar, memperkuat kemitraan, dan                 intensified to expand market reach, strengthen partnerships,
meningkatkan daya saing produk pembiayaan.                            and increase the competitiveness of financing products.




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Sepanjang tahun 2025, strategi pemasaran Perseroan meliputi          During 2025, the Company’s marketing strategy included
beberapa fokus utama, antara lain sebagai berikut:                   several key focuses, including the following:

1. Perluasan Jangkauan Pasar                                         1. Market Reach Expansion
   Perseroan aktif memperluas jaringan konsumen potensial               The Company actively expands its network of new potential
   baru serta meingkatkan kedalaman penetrasi di berbagai               consumers and increases its market penetration in various
   wilayah yang masih memiliki peluarang untuk digarap lebih            regions that still have opportunities for further optimization.
   optimal. Langkah ini dilakukan dengan menyesuaikan                   This step is taken by adjusting financing products and
   produk dan layanan pembiayaan agar lebih relevan                     services to be more relevant to the needs of each debtor
   dengan kebutuhan masing-masing segmen debitur,                       segment, while utilizing an extensive distribution network
   sekaligus memanfaatkan jaringan distribusi yang luas untuk           to expand financing services.
   memperluas layanan pembiayaan.

2. Penguatan Kemitraan                                               2. Strengthening Partnerships
   Dalam rangka menciptakan ekosistem penyaluran                        To create an inclusive and sustainable financing ecosystem,
   pembiayaan yang inklusif dan berkelanjutan, Perseroan                the Company has established partnerships with various
   menjalin kerja sama dengan berbagai pihak baik di sisi               parties, including distributors, motor vehicle manufacturers,
   penyalur, pelaku industri kendaraan bermotor, maupun mitra           and financial partners. These strategic partnerships not
   keuangan. Kemitraan strategis ini tidak hanya memperluas             only expand distribution channels but also increase market
   saluran distribusi, tetapi juga meningkatkan kepercayaan             confidence, accelerate the approval process, and unlock
   pasar, mempercepat proses persetujuan, serta membuka                 opportunities for new products or more competitive
   peluang bagi produk baru atau penyesuaian produk yang                product adjustments.
   lebih kompetitif.

3. Peningkatan Daya Saing Produk                                     3. Improving Product Competitiveness
   Strategi pemasaran yang dijalankan Perseroan tentunya                The Company’s marketing strategy is balanced with
   diimbangi dengan penyempurnaan produk pembiayaan baik                improvements to its financing products in terms of features,
   dari sisi fitur, skema angsuran, maupun layanan pendukung            installment schemes, and support services to make them
   agar lebih atraktif dibanding alternatif di pasar. Oleh karena       more attractive than alternatives on the market. Therefore,
   itu, Perseroan fokus memastikan produk yang diluncurkan              the Company focuses on ensuring that the products
   atau ditawarkan selaras dengan kebutuhan masyarakat,                 launched or offered are in line with the needs of the
   sekaligus tetap mempertahankan kualitas portofolio yang              community, while maintaining a healthy portfolio quality
   sehat melalui penilaian risiko kredit yang ketat.                    through strict credit risk assessment.

4. Penguatan Brand dan Komunikasi Pasar                              4. Strengthening Brand and Market Communication
   Aktivitas branding dan komunikasi dirancang untuk                    Branding and communication activities are designed
   memperkuat citra Perseroan sebagai penyedia pembiayaan               to strengthen the Company’s image as a credible,
   yang kredibel, adaptif, dan mudah dijangkau. Hal ini                 adaptive, and accessible financing provider. This includes
   mencakup penyampaian nilai tambah produk melalui                     communicating the added value of products through various
   berbagai saluran yang tepat sasaran, didukung oleh                   targeted channels, supported by solid and integrated
   koordinasi internal yang solid dan terintegrasi, Perseroan           internal coordination. The Company maintains consistency
   memastikan konsistensi pesan pemasaran di seluruh                    in its marketing messages across all touchpoints, both to
   titik baik kepada calon debitur maupun mitra strategis,              prospective debtors and strategic partners, to strengthen
   guna memperkuat citra merek dan efektivitas komunikasi               its brand image and the effectiveness of its corporate
   perusahaan. Dengan memadukan upaya perluasan                         communications. By combining efforts to expand the
   pasar dan penguatan kemitraan, Perseroan membangun                   market and strengthen partnerships, the Company builds
   momentum pemasaran yang bukan sekadar mendorong                      marketing momentum that not only drives financing
   angka penyaluran pembiayaan, tetapi juga memperkokoh                 distribution figures, but also strengthens its position in an
   posisi di pasar yang semakin kompetitif. Langkah-langkah             increasingly competitive market. These steps are believed
   ini diyakini dapat memperkuat kemampuan Perseroan untuk              to strengthen the Company’s ability to survive and grow,
   bertahan dan tumbuh, sekaligus memantapkan fondasi                   while solidifying the foundation for further marketing
   bagi inisiatif pemasaran lanjutan di tahun-tahun berikutnya.         initiatives in the coming years.




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Aktivitas Pemasaran Tahun 2025                                  Marketing Activities in 2025
Perseroan secara rutin melaksanakan berbagai aktivitas          The Company routinely conducts various marketing activities,
pemasaran yang mencakup kampanye promosi, program               including promotional campaigns, customer loyalty programs,
loyalitas pelanggan, peluncuran produk dan/atau layanan         new product and/or service launches, and the use of digital
baru, serta pemanfaatan platform digital untuk memperkuat       platforms to strengthen customer engagement. Each initiative is
engagement dengan pelanggan. Setiap inisiatif tersebut          implemented through cross-functional coordination to achieve
dijalankan dengan koordinasi lintas fungsi untuk memastikan     the overall effectiveness of the marketing strategy and support
efektivitas strategi pemasaran secara menyeluruh dan            the achievement of the Company’s business targets.
mendukung pencapaian target bisnis Perseroan.

Berikut ini adalah sejumlah aktivitas pemasaran yang telah      The following are a number of marketing activities that the
dieksekusi Perseroan sepanjang tahun 2025:                      Company has executed throughout 2025:
1. HAJATAN CABANG                                               1. HAJATAN CABANG
2. IMOS                                                         2. MOS
3. SPEKTRA MERIAH                                               3. SPEKTRA MERIAH
4. SPEKTRA KITA                                                 4. SPEKTRA KITA
5. SAHABAT FINATRA                                              5. SAHABAT FINATRA
6. POJOK FINATRA                                                6. POJOK FINATRA
7. BULAN INKLUSI KEUANGAN                                       7. FINANCIAL INCLUSION MONTH

Pangsa Pasar                                                    Market Share
Informasi mengenai pangsa pasar Perseroan dalam industri        Information regarding the Company’s market share in the
multifinance telah diuraikan secara terperinci pada sub-bab     multifinance industry is described in detail in the Overview
Tinjauan Industri Pembiayaan, dalam Laporan Tahunan ini.        of the Financing Industry sub-section of this Annual Report.


Kepatuhan Pembayaran Pajak
Tax Payment Compliance


Perseroan memenuhi kewajiban perpajakan sesuai dengan           The Company fulfills its tax obligations in accordance with
ketentuan yang berlaku, baik sebagai wajib pajak maupun         applicable laws and regulations, both as a taxpayer and as a
sebagai pemotong atau pemungut pajak.                           tax withholding and collecting agent.


Program Kepemilikan Saham oleh Karyawan dan/atau Manajemen
Employee and/or Management Share Ownership Program


Sampai dengan akhir Desember 2025, Perseroan tidak              As of the end of December 2025, the Company does not have
memiliki Program Kepemilikan Saham oleh Karyawan (ESOP)         an Employee Share Ownership Plan (ESOP) and/or Management
dan/atau Manajemen (MSOP). Perseroan juga belum pernah          Share Ownership Plan (MSOP). The Company has also never
melakukan Penawaran Umum Perdana Saham sebagai aksi             conducted an Initial Public Offering as a corporate action that
korporasi yang memungkinkan kepemilikan saham oleh              allows stock ownership by the public and/or management and/
publik maupun manajemen dan/atau karyawan. Dengan               or employees. Thus, there is no information related to ESOP/
demikian, tidak terdapat informasi terkait ESOP/MSOP yang       MSOP conducted by the Company.
dilakukan Perseroan.




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Realisasi Penggunaan Dana Hasil Penawaran Umum
Realization of the Use of Funds from the Public Offering

Perseroan telah menyampaikan laporan realisasi penggunaan               The Company has submitted a report on the realization of the
dana hasil penawaran umum tahun 2025 kepada OJK pada                    use of proceeds from the 2025 public offering to the FSA on
tanggal 7 Juli 2025 sebagai bentuk kepatuhan atas regulasi              July 7, 2025, in compliance with POJK No. 30/POJK.04/2015
POJK No. 30/POJK.04/2015 (“POJK 30/2015”) tentang Laporan               (“POJK 30/2015”) concerning Reports on the Realization of the
Realisasi Penggunaan Dana Hasil Penawaran Umum. Berikut                 Use of Proceeds from Public Offerings. The following is the
ini adalah laporan realisasi penggunaan dana hasil penawaran            report on the realization of the use of public offering proceeds
umum sehubungan dengan penerbitan obligasi di tahun 2025:               in connection with the issuance of bonds in 2025:



                                                                              Nilai Realisasi Hasil Penawaran Umum
                                                                                Realized Proceed of Public Offering
 Jenis Penawaran Umum             Tanggal Efektif
 Types of Public Offerings         Effective Date         Jumlah Hasil Penawaran
                                                                                      Biaya Penawaran Umum            Hasil Bersih
                                                                   Umum
                                                                                         Public Offering Fee          Net Proceeds
                                                          Public Offering Proceeds

 Obligasi Berkelanjutan      15 April 2025                 Rp2.500.000.000.000            Rp6.178.015.667       Rp2.493.821.98 4.333
 VI Federal International    April 15, 2025
 Finance Dengan Tingkat
 Bunga Tetap Tahap V
 Tahun 2025

 Federal International
 Finance Continuance
 Bonds VI with Fixed
 Interest Rate Phase V
 Year 2025




Perseroan memastikan bahwa seluruh dana hasil penawaran                 The Company ensures that all proceeds from the 2025 bond
umum obligasi tahun 2025 telah sepenuhnya dipakai                       public offering have been fully utilized in accordance with
sesuai dengan tujuan penggunaan yang tercantum dalam                    the intended use stated in the prospectus. These proceeds
prospektus. Realisasi dana ini telah digunakan secara tepat             have been appropriately used to support the Company’s
untuk mendukung kegiatan operasional, pengembangan                      operational activities, business development, and capital
usaha, serta penguatan struktur permodalan Perseroan,                   structure strengthening, as reported to the FSA in the fund
sebagaimana telah disampaikan kepada OJK dalam laporan                  utilization realization report.
realisasi penggunaan dana.




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         Rencana Penggunaan Dana                             Realisassi Penggunaan Dana
            Fund Utilization Plan                                 Fund Utilization Plan                  Sisa Dana Hasil
                                                                                                        Penawaran Umum
Pembiayaan Kredit                                    Pembiayaan Kredit                                 Remaining Funds from
                                Total                                                    Total            Public Offering
 Credit Financing                                     Credit Financing

Rp2.493.821.984.333    Rp2.493.821.984.333           Rp2.493.821.984.333        Rp2.493.821.984.333             Rp0




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Informasi Transaksi Material yang Mengandung Benturan Kepentingan dan/atau Transaksi
dengan Pihak Afiliasi/Pihak Berelasi
Information on Material Transactions Containing Conflict of Interest and/or Transactions with
Affiliated Parties/Related Parties

Transaksi Material yang Mengandung Benturan                      Material Transactions Containing Conflict of Interest
Kepentingan
Benturan Kepentingan adalah perbedaan antara kepentingan         Conflict of interest is a difference between the economic
ekonomis perusahaan dengan kepentingan ekonomis pribadi          interests of the company and the personal economic
anggota direksi, anggota dewan komisaris, pemegang saham         interests of members of the Board of Directors, members
utama, atau Pengendali yang dapat merugikan perusahaan           of the Board of Commissioners, majority shareholders, or
terbuka dimaksud. Sedangkan transaksi afiliasi adalah setiap     controlling shareholders that could harm the public company
aktivitas dan/atau transaksi yang dilakukan oleh perusahaan      in question. An affiliate transaction is any activity and/or
atau perusahaan terkendali dengan Afiliasi dari perusahaan       transaction by the company or a controlled company with
atau Afiliasi dari anggota direksi, anggota dewan komisaris,     an affiliate of the company or an affiliate of a member of the
pemegang saham utama, atau Pengendali, termasuk setiap           Board of Directors, a member of the Board of Commissioners,
aktivitas dan/atau transaksi yang dilakukan oleh perusahaan      a majority shareholder, or a controlling shareholder, including
atau perusahaan terkendali untuk kepentingan Afiliasi dari       any activity and/or transaction conducted by the company
perusahaan atau Afiliasi dari anggota direksi, anggota dewan     or a controlled company for the benefit of an affiliate of the
komisaris, pemegang saham utama, atau Pengendali.                company or an affiliate of a member of the Board of Directors,
                                                                 member of the Board of Commissioners, majority shareholder,
                                                                 or Controlling Shareholder.

Selama tahun 2025, Perseroan tidak mencatatkan adanya            During 2025, the Company did not record any financial
transaksi keuangan yang mengandung benturan kepentingan.         transactions that involved a conflict of interest.

Kewajaran, Mekanisme Review, dan Pemenuhan                       Fairness, Review Mechanism, and Regulatory Compliance
Peraturan Transaksi dengan Pihak Berelasi                        of Transactions with Affiliated Parties

Alasan Dilakukan Transaksi Pihak Berelasi                        Reasons for Related Party Transactions

Dalam kegiatan normal usaha, Perseroan melakukan transaksi       In the regular course of business, the Company conducts
dengan pihak berelasi karena hubungan kepemilikan dan/atau       transactions with related parties due to ownership and/or
kepengurusan. Transaksi dengan pihak-pihak berelasi dilakukan    management relationships. Transactions with related parties
terutama untuk mendukung kepentingan dan keberlanjutan           are conducted primarily to support the interests and operational
operasional Perseroan. Seluruh transaksi tersebut berkaitan      continuity of the Company. All such transactions relate to the
dengan kegiatan pinjam-meminjam dana dalam lingkup usaha         borrowing and lending of funds within the scope of normal
normal, bersifat rutin, berulang, dan berkelanjutan, serta       business activities, are routine, recurring, and ongoing in nature,
berkontribusi langsung terhadap pendapatan usaha Perseroan.      and contribute directly to the Company’s operating income.

Nama dan Sifat Hubungan Berelasi                                 Names and Nature of Relationship

Perseroan melakukan sejumlah transaksi keuangan dengan           The Company conducts a number of financial transactions with
pihak-pihak berelasi yang bukan merupakan benturan               related parties that do not constitute conflicts of interest as
kepentingan sebagai bagian dari aktivitas bisnis normal.         part of its normal business activities. Transactions with related
Transaksi dengan pihak berelasi dilaksanakan dengan syarat       parties are executed under the same terms and conditions as
dan kondisi yang sama sebagaimana dilakukan dengan pihak         those with unrelated parties. The Company obtains similar
tidak berelasi. Perseroan mendapatkan suku bunga yang serupa     interest rates for bank loan facilities with related parties and
untuk fasilitas pinjaman bank dengan pihak berelasi dan pihak    third parties. The Company also uses similar interest rates
ketiga. Perseroan juga menggunakan suku bunga yang serupa        between related parties and third parties in the provision of
antara pihak berelasi dan pihak ketiga dalam rangka pemberian    consumer financing receivables.
piutang pembiayaan konsumen.




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Seluruh transaksi dengan pihak berelasi telah dilaksanakan                   All transactions with related parties have been conducted in
sesuai dengan ketentuan Peraturan OJK No. 42/POJK.04/2020                    accordance with the provisions of OJK Regulation No. 42/
tentang Transaksi Afiliasi dan Benturan Kepentingan Transaksi                POJK.04/2020 concerning Affiliated Transactions and Conflicts
Tertentu, serta diatur berdasarkan PSAK 7 mengenai                           of Interest in Certain Transactions, and are regulated based on
Pengungkapan Pihak-pihak yang Berelasi.                                      PSAK 7 concerning Disclosure of Related Parties.

Rincian mengenai pihak-pihak berelasi dengan Perseroan,                      Details regarding the Company’s related parties, as well as the
beserta sifat dan nilai transaksi yang dilakukan hingga                      nature and value of transactions conducted up to December
31 Desember 2025, disajikan sebagai berikut:                                 31, 2025, are presented as follows:


              Pihak Berelasi                                      Sifat Relasi                                     Jenis Transaksi
               Related Party                                 Nature of Relationship                              Type of Transaction

 PT Astra International Tbk                  Induk Perusahaan                                     Pembayaran insentif, perjanjian
                                             Parent Company                                       Kerjasama dalam bidang jasa tenaga ahli.
                                                                                                  Incentive payment, cooperation agreement in
                                                                                                  expert services

 PT Asuransi Astra Buana                     Pihak pengendali yang sama                           Perjanjian kerja sama
                                             The same controlling shareholder                     Cooperation agreement

 PT Astra Multi Finance                      Pihak pengendali yang sama                           Perjanjian kerja sama
                                             The same controlling shareholder                     Cooperation agreement

 PT Matra Graha Sarana                       Pihak pengendali yang sama                           Sewa gedung kantor cabang
                                             The same controlling shareholder                     Branch office building lease

 PT Sharia Multifinance Astra                Pihak pengendali yang sama                           Perjanjian kerja sama
                                             The same controlling shareholder                     Cooperation agreement

 PT Serasi Autoraya                          Pihak pengendali yang sama                           Sewa mobil operasional
                                             The same controlling shareholder                     Operational vehicle rent

 Dana Pensiun Astra                          Pihak pengendali yang sama                           Beban usaha
                                             The same controlling shareholder                     Operating expenses

 PT Samadista Karya                          Pihak pengendali yang sama                           Sewa gedung kantor
                                             The same controlling shareholder                     Office building lease

 PT Sedaya Multi Investama                   Pihak pengendali yang sama                           Perjanjian kerja sama dalam bidang jasa
                                             The same controlling shareholder                     tenaga ahli
                                                                                                  Cooperation agreement in
                                                                                                  expert services

 PT Astra Welab Digital Arta                 Pihak pengendali yang sama                           Perjanjian kerja sama dalam bidang jasa
                                             The same controlling shareholder                     teknologi informasi
                                                                                                  Cooperation agreement in information
                                                                                                  technology services

 PT Astra Digital Arta                       Pihak pengendali yang sama                           Entitas Asosiasi Perseroan
                                             The same controlling shareholder                     Associated Entities of the Company

 PT Arya Kharisma                            Pemegang Saham Perseroan                             Pemegang Saham Perseroan
                                             The Company’s shareholders                           The Company’s Shareholders

 PT Bank Saqu Indonesia                      Pihak pengendali yang sama                           Rekening dan perjanjian pembiayaan bersama
 (dahulu PT Bank Jasa Jakarta)               The same controlling shareholder                     Joint Account and joint financing agreement
 PT Bank Saqu Indonesia
 (formerly PT Bank Jasa Jakarta)

 Personel Manajemen Kunci                    Personel manajemen kunci Perseroan                   Gaji dan tunjangan
                                             Key management personnel of the Company              Salary and allowance




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Seluruh transaksi dengan pihak-pihak berelasi telah                All transactions with related parties have been disclosed in the
diungkapkan di catatan atas laporan keuangan.                      notes to the financial statements.

Realisasi Transaksi Pihak Berelasi                                 Realization of Related Party Transactions
Pengungkapan terkait transaksi dengan pihak-pihak berelasi         Disclosures related to transactions with related parties are
dapat ditemukan dalam Catatan atas Laporan Keuangan                found in Note to the Financial Statements (CALK) No. 26, in the
(CALK) No. 26, dalam Laporan Keuangan Tahunan PT Federal           Annual Financial Statements of PT Federal International Finance
International Finance untuk tahun yang berakhir pada               for the year ending December 31, 2025. Specifically, balances
31 Desember 2025. Secara rinci, saldo dengan pihak-pihak           with related parties that are associates of the Company are
berelasi yang merupakan perusahaan asosiasi Perseroan              presented as follows:
disajikan sebagai berikut:

(Dalam Juta Rp)
(In million Rp)

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

 Aset
 Assets

 Kas dan setara kas                                           53.274                                        212
 Cash and cash equivalents

 Piutang lain-lain                                            219.071                                    167.719
 Other receivables

 Beban dibayar dimuka                                            365                                        666
 Prepayments

 Investasi pada entitas asosiasi                              63.312                                     37.257
 Investment in associate

 Aset hak-guna – net                                          68.499                                     37.540
 Right-of-use assets – net

 Liabilitas
 Liabilities

 Utang penyalur kendaraan                                     12.840                                      5.952
 Dealer payables

 Utang lain-lain                                              82.109                                     95.266
 Other payables

 Utang premi asuransi                                        585.445                                    505.821
 Insurance premium payables

 Penghasilan bunga dan denda                                     414                                         187
 Interest and penalty income

 Beban usaha                                                 262.427                                    230.921
 Operating expenses

 Beban bunga dan keuangan                                      4.467                                       3.710
 Interest and financing expenses

 Rugi entitas asosiasi                                        24.007                                     20.282
 Loss from investment in associate




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Pemenuhan Peraturan dan Ketentuan Terkait                             Compliance with Relevant Regulations and Provisions
Transaksi afiliasi atau berelasi yang tercantum di atas               The affiliated or related transactions listed above are part of
merupakan bagian dari kegiatan usaha Perseroan yang                   the Company’s routine, recurring, and/or ongoing business
dijalankan secara rutin, berulang, dan/atau berkelanjutan. Setiap     activities. Each transaction is conducted through a reasonable
transaksi dilakukan melalui mekanisme kajian yang wajar dan           review mechanism and complies with applicable regulations.
memenuhi ketentuan peraturan yang berlaku. Sepanjang tahun            Throughout 2025, there were no affiliated and/or related
2025, tidak terdapat transaksi afiliasi dan/atau berelasi maupun      transactions or conflicts of interest that required the approval
transaksi benturan kepentingan yang memerlukan persetujuan            of independent shareholders.
pemegang saham independen.

Pernyataan Direksi bahwa Transaksi telah Memenuhi                     Statement by the Board of Directors that the Transaction
Prosedur Memadai dan Sesuai Praktik Bisnis yang                       has Complied with Adequate Procedures and is in
Berlaku Umum                                                          Accordance with Generally Accepted Business Practices
Direksi menegaskan bahwa seluruh transaksi afiliasi dan/              The Board of Directors affirms that all affiliated and/or related
atau berelasi yang dilakukan oleh Perseroan telah melalui             transactions conducted by the Company have gone through
mekanisme prosedural yang memadai. Proses ini dirancang               adequate procedural mechanisms. This process is designed
untuk memastikan bahwa setiap transaksi afiliasi dijalankan           so that every affiliated transaction is carried out in accordance
sesuai dengan praktik bisnis yang berlaku umum serta                  with generally accepted business practices and observes the
memperhatikan prinsip transaksi yang wajar (arms-length               arms-length principle. Therefore, the Company confirms that the
principle). Dengan demikian, Perseroan memastikan bahwa               interests of the Company and its stakeholders are protected,
kepentingan perusahaan dan pemangku kepentingan tetap                 and that every transaction is conducted in a transparent,
terjaga, serta setiap transaksi dilaksanakan secara transparan,       objective, and accountable manner.
objektif, dan akuntabel.

Peran Dewan Komisaris dan Komite Audit untuk                          The Role of the Board of Commissioners and Audit
Memastikan Transaksi Dilakukan sesuai Praktik Bisnis                  Committee in Ensuring Transactions are Conducted in
yang Berlaku Umum dan Memenuhi Prinsip Transaksi                      Accordance with Generally Accepted Business Practices
yang Wajar (arms-length principle)                                    and Comply with the Arms-Length Principle
Dewan Komisaris dengan dukungan Komite Audit menegaskan               The Board of Commissioners, with the support of the Audit
bahwa seluruh transaksi afiliasi dan/atau berelasi yang               Committee, confirms that all affiliated and/or related party
dilaksanakan oleh Perseroan telah melalui prosedur                    transactions performed by the Company have been subject to
pengawasan dan mekanisme penilaian yang memadai.                      adequate supervision procedures and assessment mechanisms.
Mekanisme ini dirancang untuk memastikan setiap transaksi             This mechanism is designed to acknowledge that every affiliated
afiliasi dijalankan sesuai praktik bisnis yang berlaku umum           transaction is carried out in accordance with generally accepted
serta memperhatikan prinsip transaksi yang wajar (arms-length         business practices and takes into account the principle of arm’s
principle). Dengan pendekatan ini, Perseroan berkomitmen              length transactions. Through this approach, the Company is
menjaga kepentingan perusahaan dan pemangku kepentingan,              committed to protecting the interests of the Company and its
sekaligus memastikan setiap transaksi dilaksanakan secara             stakeholders, while ensuring that every transaction is conducted
transparan, objektif, dan akuntabel.                                  in a transparent, objective, and accountable manner.

Pada tahun 2025, Komite Audit secara rutin menelaah                   In 2025, the Audit Committee routinely reviewed transactions
transaksi yang berpotensi menimbulkan benturan kepentingan,           that had the potential to cause conflicts of interest, provided
memberikan analisis, serta menyampaikan rekomendasi                   analysis, and submitted recommendations to the Board of
kepada Dewan Komisaris. Melalui mekanisme ini, Perseroan              Commissioners. Through this mechanism, the Company believes
memastikan setiap transaksi afiliasi dilaksanakan sesuai standar      that every affiliate transaction is conducted in accordance
akuntansi yang berlaku dan praktik bisnis umum, sekaligus             with applicable accounting standards and general business
meminimalkan risiko konflik kepentingan.                              practices, while minimizing the risk of conflicts of interest.




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Informasi Transaksi Terkait Investasi, Ekspansi, Divestasi, Penggabungan Usaha, Akuisisi, dan
Restrukturisasi
Transaction Information Related to Investment, Expansion, Divestment, Business Merger,
Acquisition, and Restructuring

Sepanjang tahun 2025, Perseroan tidak melakukan aktivitas                   Throughout 2025, the Company did not engage in any
investasi, ekspansi, divestasi, penggabungan usaha, akuisisi,               investment, expansion, divestment, business merger,
dan/atau restrukturisasi utang.                                             acquisition, and/or debt restructuring activities.


Perubahan Peraturan Perundang-Undangan yang Berpengaruh Signifikan terhadap Perusahaan
Changes In Laws and Regulations that Significantly Affect the Company


Pada tahun 2025, terdapat perubahan pada sejumlah peraturan                 In 2025, there were changes to a number of regulations and
dan perundang-undangan yang memberikan dampak signifikan                    laws that had a significant impact on the Company’s business
terhadap kegiatan usaha Perseroan, antara lain:                             activities, such as:
                                                                                                                  Dampak Signifikan terhadap
                                                                                                                  Kegiatan Usaha Perusahaan
                 Peraturan Terkait                                Penjelasan Perubahan                            dan/atau Laporan Keuangan
  No.
                Related Regulations                               Explanation of Changes                              Significant Impact on
                                                                                                                  Company Business Activities
                                                                                                                   and/or Financial Statements

 1.        Peraturan Otoritas Jasa         Pada tanggal 22 Desember 2025, Otoritas Jasa Keuangan (OJK)            Perseroan telah memenuhi
           Keuangan No. 35 Tahun           menerbitkan POJK No. 35 Tahun 2025 sebagai pengganti POJK No.          persyaratan sebagaimana
           2025 Tentang Perubahan          46 Tahun 2024. Perubahan tersebut antara lain meliputi:                diuraikan pada poin 1 dan 4.
           Atas Peraturan Otoritas         1. Kewajiban pendaftaran pemegang saham hingga kepada pemilik
           Jasa Keuangan Nomor                 manfaat (beneficial owner).                                        The Company has
           46 Tahun 2024 Tentang           2. Ketentuan modal inti minimum sebesar Rp100 miliar, dengan           successfully met the
           Pengembangan dan                    rasio minimum modal inti terhadap modal disetor sebesar 50%.       requirements outlined in
           Penguatan Perusahaan            3. Kewajiban penerapan mitigasi risiko pembiayaan serta analisis       points 1 and 4.
           Pembiayaan, Perusahaan              risiko yang transparan dalam proses penilaian kredit (credit
           Pembiayaan Infrastruktur,           scoring).
           dan Perusahaan                  4. Kewajiban penerapan prinsip perlindungan konsumen, Program
           Modal Ventura.                      Anti Pencucian Uang dan Pencegahan Pendanaan Terorisme
                                               (APU dan PPT), serta pengendalian anti-fraud.
           Financial Services Authority    5. Bagi Perusahaan Pembiayaan yang memiliki Unit Usaha Syariah
           Regulation No. 35 of 2025           (UUS), laporan keuangan Tahun Buku 2025 yang telah diaudit
           concerning Amendments               oleh akuntan publik wajib memuat informasi mengenai laporan
           to Financial Services               posisi keuangan dan laporan laba rugi UUS.
           Authority Regulation Number
           46 of 2024 regarding            On 22 December 2025, the Financial Services Authority (OJK)
           the Development and             issued POJK No. 35 Year 2025 to replace POJK No. 46 Year 2024.
           Strengthening of Financing      The changes include the following:
           Companies, Infrastructure       1. Mandatory registration of shareholders up to the
           Financing Companies, and            beneficial owner.
           Venture Capital Companies.      2. Minimum core capital of Rp100 billion, with a minimum ratio of
                                               core capital to paid-in capital of 50%.
                                           3. Mandatory implementation of financing risk mitigation and
                                               transparent risk analysis for credit scoring.
                                           4. Mandatory application of consumer protection principles, AML-
                                               CFT, and anti-fraud measures, etc.
                                           5. Financing Companies that have a Unit Usaha Syariah (UUS),
                                               the financial statements that has been audited by a public
                                               accountant FY25 must contain information regarding the
                                               financial position report and profit and loss report of the UUS.




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Perubahan Kebijakan Akuntansi dan Dampaknya yang Diterapkan di Tahun 2025
Changes in Accounting Policy and Their Impacts Implemented in 2025

Dewan Standar Akuntansi Keuangan (DSAK) menerbitkan                   The Financial Accounting Standards Board (FASB) has
sejumlah standar akuntansi keuangan baru beserta interpretasi         issued a number of new financial accounting standards and
yang mulai berlaku efektif sejak 1 Januari 2025 sehingga              interpretations that come into effect on January 1, 2025, thereby
berdampak pada pelaporan keuangan Perseroan. Standar                  impacting the Company’s financial reporting. These standards
dan interpretasi tersebut antara lain:                                and interpretations include:


                                                                    Dampak Kuantitatif terhadap              Paparan Konsekuensi dan
                 Perubahan Standar Akuntansi                           Laporan Keuangan                       Perubahan yang terjadi
                Changes in Accounting Standards                      Quantitative Impact on the            Exposure of the Consequences
                                                                       Financial Statement                    and Adjustments Made

 •   PSAK 117 “Kontrak Asuransi”;                                 Perubahan tersebut tidak                Implementasi dari standar-standar
 •   Amendemen PSAK 117 “Kontrak Asuransi” terkait Penerapan      berdampak material terhadap             tersebut tidak menghasilkan
     Awal PSAK 117 dan PSAK 109 - Informasi Komparatif; dan       laporan keuangan Perseroan              perubahan substansial terhadap
 •   Amendemen PSAK 221 “Pengaruh Perubahan Kurs                  dan telah dibebankan pada               terhadap kebijakan akuntansi
     Valuta Asing” terkait kondisi ketika suatu mata uang         laporan laba rugi dan penghasilan       Perseroan dan tidak memiliki
     tidak tertukarkan.                                           komprehensif lain tahun berjalan.       dampak yang material terhadap
                                                                                                          laporan keuangan konsolidasian
 Implementasi dari standar-standar tersebut tidak                 These changes did not have a            di tahun berjalan atau
 menghasilkan perubahan substansial terhadap kebijakan            material impact on the Company’s        tahun sebelumnya.
 akuntansi Perseroan dan tidak memiliki dampak yang               financial statements and were
 material terhadap laporan keuangan di tahun berjalan atau        recognized in the statement             The implementation of these
 tahun sebelumnya.                                                of profit or loss and other             standards did not result in
                                                                  comprehensive income for the            substantial changes to the
 •   PSAK 117 “Insurance Contracts”;                              current year.                           Company’s accounting policies
 •   Amendments to PSAK 117 “Insurance Contracts” regarding                                               and did not have a material impact
     the Initial Application of PSAK 117 and PSAK 109 –                                                   on the consolidated financial
     Comparative Information; and                                                                         statements for the current or
 •   Amendments to PSAK 221 “The Effects of Changes in                                                    prior years.
     Foreign Exchange Rates” regarding conditions when a
     currency is not exchangeable.

 The implementation of these standards did not result in
 substantial changes to the Company’s accounting policies and
 did not have a material impact on the financial statements for
 the current or prior years.



Informasi Kelangsungan Usaha
Information on Business Continuity


Berdasarkan evaluasi manajemen terhadap kondisi keuangan              Based on management’s evaluation of the overall financial and
dan operasional secara menyeluruh, Direksi meyakini bahwa             operational conditions, the Board of Directors believes that
Perseroan memiliki kemampuan yang memadai untuk                       the Company has sufficient capacity to maintain its business
mempertahankan kelangsungan usahanya. Pandangan dan                   continuity. These views and assumptions are based on a number
asumsi tersebut didasarkan pada sejumlah faktor utama,                of key factors, including:
antara lain:

1. Ketahanan operasional dan finansial                                1. Operational and financial resilience
   Sepanjang tahun 2025, Perseroan berhasil menunjukkan                  Throughout 2025, the Company has demonstrated
   ketahanan operasional dan finansial yang cukuo baik                   good operational and financial resilience, supported by
   didukung oleh kinerja bisnis yang sehat, struktur permodalan          healthy business performance, a strong capital structure,
   yang kuat, serta pengelolaan risiko yang dijalankan secara            and disciplined risk management. Amidst fluctuating




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   disiplin. Di tengah dinamika ekonomi global dan nasional             global and national economic dynamics, the Company
   yang masih berfluktuasi, Perseroan terus memastikan                  continues a measured growth strategy, maintains the
   strategi pertumbuhan yang terukur, menjaga kualitas                  quality of its financing portfolio, and maintains a safe level
   portofolio pembiayaan, dan mempertahankan kesehatan                  of financial health.
   keuangan pada level yang aman.

2. Kemampuan memenuhi kewajiban Perseroan memiliki                  2. Ability to meet obligations
   likuiditas yang memadai, peringkat kredit yang tetap berada         The Company has adequate liquidity, a consistently high
   pada level tertinggi, serta arus kas operasional yang terjaga       credit rating, and positive operating cash flow, enabling it to
   positif, sehingga dapat memenuhi seluruh kewajiban jangka           meet all its short-term and long-term obligations consistently.
   pendek maupun jangka panjang secara konsisten.

3. Diversifikasi sumber pendanaan Perseroan memanfaatkan            3. Diversification of funding sources
   berbagai sumber pendanaan, termasuk pinjaman                        The Company utilizes various funding sources, including
   perbankan, fasilitas luar negeri, dan pasar modal sehingga          bank loans, overseas facilities, and capital markets, thereby
   memberikan fleksibilitas keuangan lebih besar untuk                 providing greater financial flexibility to support sustainable
   mendukung ekspansi bisnis secara berkelanjutan.                     business expansion.

4. Prospek pertumbuhan dan keberlanjutan                            4. Growth and sustainability prospects
   Perseroan memproyeksikan keberlangsungan kegiatan                   The Company projected that its operational activities will
   operasional dapat tetap stabil seiring meningkatnya                 remain stable in line with increasing demand for financing
   permintaan pembiayaan di segmen utama, perkembangan                 in key segments, the development of digital technology
   teknologi digital yang memperluas akses layanan,                    that expands access to services, and government policies
   serta arah kebijakan pemerintah yang kondusif bagi                  that are conducive to the financing industry.
   industri pembiayaan.

Dengan dasar pertimbangan tersebut, Manajemen meyakini              Based on these considerations, Management believes that
bahwa Perseroan mampu mempertahankan kelangsungan                   the Company is capable of maintaining its business continuity,
usahanya, memenuhi kewajiban kepada kreditur, pemegang              fulfilling its obligations to creditors, shareholders, and other
saham, dan pemangku kepentingan lainnya, serta mendukung            stakeholders, and supporting the achievement of the Company’s
pencapaian tujuan strategis Perseroan.                              strategic objectives.

Hal-hal yang Berpotensi Berpengaruh Signifikan                      Matters with Potentially Significant Effect on Business
terhadap Kelangsungan Usaha                                         Continuity
Perseroan telah mengidentifikasi sejumlah faktor eksternal          The Company has identified a number of external and internal
dan internal yang berpotensi memberikan pengaruh signifikan         factors that could potentially have a significant impact on its
terhadap kelangsungan usaha di masa depan sehingga                  future business continuity, requiring appropriate mitigation
memerlukan strategi mitigasi yang tepat. Dinamika industri          strategies. The increasingly competitive dynamics of the
pembiayaan yang semakin kompetitif, perubahan preferensi            financing industry, changing consumer preferences, and volatile
konsumen, serta kondisi ekonomi makro yang masih bergejolak         macroeconomic conditions are key challenges that must be
menjadi tantangan utama yang harus dikelola secara cermat           managed carefully and strategically.
dan strategis.

Pada segmen pembiayaan sepeda motor, perlambatan daya beli          In the motorcycle financing segment, a slowdown in people’s
masyarakat dan potensi perubahan kebijakan pemerintah terkait       purchasing power and potential changes in government policies
emisi atau pengetatan persyaratan kredit dapat memengaruhi          related to emissions or tighter credit requirements could affect
volume permintaan pembiayaan. Selain itu, tren persaingan           the volume of financing demand. The increasingly intense
yang semakin intens juga menuntut Perseroan untuk terus             competition trend also requires the Company to continue to
memperkuat efisiensi proses, meningkatkan kualitas layanan,         strengthen process efficiency, improve service quality, and
serta memperluas kanal pemasaran agar tetap kompetitif.             expand marketing channels in order to remain competitive.




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Pada segmen pembiayaan multiguna, Perseroan mengamati                 In the multipurpose financing segment, the Company observed
adanya potensi risiko yang relatif lebih tinggi dibandingkan          a relatively higher potential risk compared to asset-based
produk berbasis aset. Faktor-faktor seperti kenaikan biaya            products. Factors such as rising living costs, inflation volatility,
hidup, volatilitas inflasi, serta ketidakstabilan sektor informal     and instability in the informal sector, which is one of the target
yang menjadi salah satu segmen target dikhawatirkan dapat             segments, are likely to increase the risk of default if not
meningkatkan risiko gagal bayar apabila tidak dikelola melalui        managed through disciplined risk management. Furthermore,
manajemen risiko yang disiplin. Di samping itu, tekanan               other external pressures, including the potential for interest rate
eksternal lainnya, termasuk potensi kenaikan suku bunga               hikes at any time, changes in household income structures, and
acuan sewaktu-waktu, perubahan struktur pendapatan rumah              a slowdown in domestic consumption, also have the potential
tangga, serta perlambatan konsumsi domestik, juga berpotensi          to affect the overall quality of the portfolio.
memengaruhi kualitas portofolio secara keseluruhan.

Dengan memahami potensi risiko tersebut, Perseroan                    By understanding these potential risks, the Company
menekankan pentingnya penerapan strategi mitigasi risiko yang         emphasizes the importance of implementing comprehensive
komprehensif, pengelolaan portofolio secara prudent, serta            risk mitigation strategies, prudent portfolio management, and
penyesuaian taktis terhadap kondisi pasar dan regulasi agar           tactical adjustments to market conditions and regulations to
kelangsungan usaha dapat tetap terjaga secara berkelanjutan.          maintain business continuity in a sustainable manner.

Penilaian (Assessment) Manajemen dalam Pengelolaan                    Assessment of Management in Managing Potentials that
Potensi Risiko yang Berpengaruh Signifikan terhadap                   Significantly Affect Business Continuity
Kelangsungan Usaha
Manajemen secara aktif mencermati berbagai risiko yang                Management actively monitors various risks that could
berpotensi memengaruhi kelangsungan usaha Perseroan di                potentially affect the Company’s future business continuity.
masa depan. Di tingkat makroekonomi, fluktuasi pertumbuhan            At the macroeconomic level, fluctuations in economic growth,
ekonomi, pergerakan suku bunga, inflasi, dan stabilitas               interest rate movements, inflation, and exchange rate stability
nilai tukar menjadi faktor yang dapat memengaruhi biaya               are factors that can affect funding costs, asset quality, and
pendanaan, kualitas aset, serta kemampuan bayar debitur.              debtor payment capabilities. In addition, developments in
Selain itu, perkembangan kebijakan pemerintah di sektor               government policy in the financial services sector, consumer
jasa keuangan, perlindungan konsumen, dan transformasi                protection, and digital transformation are also key focuses in
digital juga menjadi fokus utama dalam penilaian risiko jangka        medium to long-term risk assessment.
menengah hingga panjang.

Dari sisi industri, Perseroan menghadapi tantangan berupa             From an industry perspective, the Company faces challenges
tingkat kompetisi yang tinggi, pergeseran perilaku konsumen           in the form of high levels of competition, shifts in consumer
menuju layanan digital, serta pengetatan persyaratan                  behavior towards digital services, and tighter capital
permodalan dan pengaturan risiko yang ditetapkan regulator.           requirements and risk regulations set by regulators. These
Kondisi ini menuntut Perseroan untuk terus berinovasi,                conditions require the Company to continue to innovate,
meningkatkan efisiensi operasional, dan memperkuat tata               improve operational efficiency, and strengthen risk management
kelola risiko agar tetap kompetitif dan relevan di pasar.             to remain competitive and relevant in the market.

Sementara itu dari sisi internal, Manajemen menilai bahwa             Internally, Management assessed that the Company has
Perseroan memiliki kapasitas pendanaan yang memadai,                  adequate funding capacity, strong capital adequacy, maintained
kecukupan modal yang kuat, kualitas portofolio pembiayaan             financing portfolio quality, information technology system
yang terjaga, keamanan sistem teknologi informasi, serta              security, and capable human capital. With solid financial
kesiapan sumber daya manusia yang mumpuni. Dengan                     fundamentals, maintained liquidity, disciplined risk management,
fundamental keuangan yang solid, likuiditas yang terjaga,             and the support of mature technological infrastructure and
pengelolaan risiko yang disiplin, serta dukungan infrastruktur        corporate governance, the Company has demonstrated strong
teknologi dan tata kelola perusahaan yang matang, Perseroan           resilience in facing various external and internal challenges.
menunjukkan resiliensi yang kuat dalam menghadapi berbagai
tantangan eksternal dan internal.




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Berdasarkan penilaian tersebut, manajemen meyakini bahwa           Based on this assessment, management believes that the
Perseroan memiliki kemampuan untuk menjaga kelangsungan            Company has the ability to maintain business continuity, fulfill
usaha secara berkelanjutan, memenuhi kewajiban kepada              its obligations to stakeholders, and support the achievement
pemangku kepentingan, serta mendukung pencapaian tujuan            of the Company’s strategic objectives.
strategis Perseroan.

Asumsi yang Digunakan Manajemen Dalam Melakukan                    Assumptions Used by Management in Conducting
Penilaian (Assessment) terhadap Kelangsungan Usaha                 Assessments of Long-Term Business Continuity
Jangka Panjang
Pada tahun 2025, Manajemen kembali melakukan penilaian             In 2025, Management conducted another comprehensive
menyeluruh terhadap kemampuan Perseroan dalam menjaga              assessment of the Company’s ability to maintain business
kesinambungan usaha dengan memperhatikan dinamika industri         continuity, taking into account the dynamics of the increasingly
pembiayaan yang terus berkembang dan kompleks. Penilaian           complex and evolving financing industry. This assessment
ini mencakup analisis mendalam terhadap kondisi keuangan           included an in-depth analysis of the Company’s financial
Perseroan, ketahanan operasional, kesiapan modal, serta faktor-    condition, operational resilience, capital adequacy, and external
faktor eksternal yang berpotensi memengaruhi prospek usaha,        factors that could potentially affect business prospects, both
baik pada tahun berjalan maupun periode mendatang.                 in the current year and in the future.

Dalam melakukan penilaian tersebut, Manajemen mengacu              In conducting this assessment, Management refers to a number
pada sejumlah asumsi kunci yang mencerminkan prinsip               of key assumptions that reflect the principles of prudence and
kehati-hatian dan strategi pertumbuhan yang berkelanjutan.         sustainable growth strategies. These assumptions include
Asumsi tersebut meliputi stabilitas makroekonomi, proyeksi         macroeconomic stability, financing industry growth projections,
pertumbuhan industri pembiayaan, pergerakan suku bunga,            interest rate movements, inflation rates, and regulatory factors
tingkat inflasi, serta faktor regulasi yang dapat memengaruhi      that may affect business activities. Management also considers
aktivitas usaha. Selain itu, Manajemen juga mempertimbangkan       the Company’s ability to maintain asset quality, adequate
kemampuan Perseroan dalam mempertahankan kualitas                  liquidity, and the effectiveness of the risk management system
aset, likuiditas yang memadai, dan efektivitas sistem              as the main foundation in supporting business continuity.
manajemen risiko sebagai pondasi utama dalam mendukung
kelangsungan usaha.

Aspek keuangan berkelanjutan masih tetap menjadi fokus             Sustainable finance remains a key focus in assessing business
utama dalam penilaian kelangsungan usaha di tahun 2025.            continuity in 2025. The Company emphasizes the importance
Perseroan menekankan pentingnya keseimbangan antara                of balancing economic performance with the application
pencapaian kinerja ekonomi dengan penerapan prinsip                of environmental, social, and good corporate governance
lingkungan, sosial, dan tata kelola perusahaan yang baik           (Environmental, Social, and Governance/ESG) principles.
(Lingkungan, Sosial, dan Tata Kelola/”LST”). Melalui penguatan     Through strengthening the risk management system, improving
sistem manajemen risiko, peningkatan efisiensi operasional,        operational efficiency, and developing responsible financing
serta pengembangan produk pembiayaan yang bertanggung              products, the Company strives to ensure stable business growth
jawab, Perseroan berupaya memastikan pertumbuhan bisnis            while providing a positive impact on stakeholders.
yang stabil sekaligus memberikan dampak positif bagi
pemangku kepentingan.

Dengan berlandaskan pada asumsi-asumsi tersebut, Manajemen         Based on these assumptions, Management is confident that the
yakin bahwa Perseroan memiliki pondasi yang kuat untuk             Company has a strong foundation to face industry challenges
menghadapi tantangan industri dan memanfaatkan peluang             and take advantage of opportunities for sustainable growth,
pertumbuhan secara berkelanjutan, sehingga kelangsungan            thereby ensuring the Company’s long-term business continuity.
usaha Perseroan tetap terjaga dalam jangka panjang.




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Tingkat Kesehatan Perusahaan
Company Soundness Level

Hasil penilaian Tingkat Kesehatan (TKS) Perseroan pada tahun        The results of the Company’s Soundness Level (TKS) in 2025
2025 dapat dilihat pada tabel di bawah ini:                         are shown in the table below:


                              Faktor Penilaian                                                     Peringkat
  No.
                             Assessment Factor                                                      Rating

 1.     Tata Kelola Perusahaan yang Baik                                                                1
        Good Corporate Governance

 2.     Profil Risiko                                                                                   1
        Risk Profile

 3.     Rentabilitas                                                                                    1
        Profitability

 4.     Permodalan                                                                                      1
        Capital

 Peringkat Tingkat Kesehatan Perusahaan                                                                 1
 Company Soundness Level Rating

 Tingkat Kesehatan Perusahaan                                                                           1
 Company Soundness Level




Penjelasan mengenai kriteria Tingkat Kesehatan (TKS)                The explanation of the Soundness Level (TKS) criteria for
Perusahaan Pembiayaan berdasarkan Surat Edaran OJK No.              Financing Companies based on FSA Circular Letter No. 11/
11/SEOJK.05/2020 adalah sebagai berikut:                            SEOJK.05/2020 is as follows:


                        Peringkat Komposit                                                       Penjelasan
                         Composite Rating                                                        Description

 PK-1                                                                                          "Sangat Sehat"
                                                                                               "Very Healthy"

 PK-2                                                                                              "Sehat"
                                                                                                  "Healthy"

 PK-3                                                                                          "Cukup Sehat"
                                                                                               "Fairly Healthy"

 PK-4                                                                                          "Kurang Sehat"
                                                                                               "Less Healthy"

 PK-5                                                                                           "Tidak Sehat"
                                                                                                 "Unhealthy"



Hasil penilaian ini mencerminkan kondisi keuangan, operasional,     These assessment results reflect the Company’s overall
dan manajemen risiko Perseroan secara menyeluruh, serta             financial, operational, and risk management conditions and
menjadi dasar bagi Manajemen dalam merumuskan strategi              serve as a basis for Management in formulating effective growth
pertumbuhan dan pengelolaan risiko yang efektif.                    and risk management strategies.




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Perusahaan
 Corporate Governance




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Komitmen Manajemen
terhadap Penerapan GCG
Management Commitment to GCG Implementation



Perseroan memiliki komitmen kuat terhadap               The Company is strongly committed to implementing
penerapan prinsip-prinsip Tata Kelola Perusahaan        the principles of Good Corporate Governance (GCG)
yang Baik (Good Corporate Governance/”GCG”)             as the main foundation for conducting its financing
sebagai landasan utama dalam menjalankan kegiatan       activities, ensuring transparency, accountability, and
usaha pembiayaan guna memastikan transparansi,          maintaining the trust of all stakeholders. The Company
akuntabilitas, dan menjaga kepercayaan seluruh          believes that the implementation of GCG is key to
pemangku kepentingan. Perseroan meyakini bahwa          creating sustainable performance, strengthening
penerapan GCG merupakan kunci dalam menciptakan         integrity, and building a trusted reputation in the
kinerja yang berkelanjutan, memperkuat integritas,      multifinance industry.
dan membangun reputasi yang terpercaya di
industri multifinance.

Dalam mewujudkan hal tersebut, Perseroan secara         This is achieved by consistently strengthening its
konsisten memperkuat struktur dan mekanisme tata        governance structure and mechanisms, optimizing
kelola melalui optimalisasi peran Organ perusahaan,     the roles of the Company’s governing bodies,
penerapan kebijakan internal yang transparan, dan       implementing transparent internal policies, and
peningkatan sistem pengendalian internal. Perseroan     improving internal control systems. The Company
juga secara berkelanjutan melakukan evaluasi            also continuously evaluates and refines its GCG
dan penyempurnaan terhadap praktik GCG agar             practices to align them with regulatory dynamics and
senantiasa sejalan dengan dinamika regulasi dan         business needs.
kebutuhan bisnis.

Segenap jajaran Manajemen memastikan bahwa              Management ensures that GCG principles are
penerapan prinsip-prinsip GCG senantiasa                implemented consistently and with discipline
dilaksanakan secara disiplin pada setiap aspek          across all business aspects and organizational
bisnis dan di seluruh tingkatan organisasi, sehingga    levels, embedding them into the corporate
tertanam sebagai budaya perusahaan dan menjadi          culture and fostering a mindset that guides every
pola pikir yang melandasi setiap langkah serta          decision and action of all employees. Through the
tindakan seluruh karyawan. Melalui penerapan prinsip-   consistent and effective implementation of GCG
prinsip GCG secara konsisten dan efektif, Perseroan     principles, the Company continues to strengthen its
terus memperkuat fondasi pertumbuhannya untuk           foundation for growth, aiming to become a leading,
terus bertumbuh menjadi perusahaan pembiayaan           highly competitive financing company and a role
yang unggul, berdaya saing tinggi, serta menjadi        model in GCG implementation across the national
teladan dalam hal penerapan GCG di industri             financing industry.
pembiayaan nasional.




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Dasar Hukum atau
Landasan Penerapan GCG
Legal Basis or Foundation for the Implementation of GCG



Penerapan GCG di lingkup Perseroan berpedoman pada                     The implementation of GCG within the Company is guided
praktik-praktik terbaik (best practices) yang berlaku di industri      by best practices applicable in the multifinance industry and
multifinance dan asas-asas tata kelola yang berlaku secara             universally applicable governance principles, as well as referring
universal, serta mengacu pada ketentuan dan peraturan                  to the provisions and regulations applicable in Indonesia,
perundang-undangan yang berlaku di Indonesia sebagaimana               such as:
dijelaskan sebagai berikut:


        Dasar Hukum
                                                    Jenis Regulasi                                         Type of Regulation
         Legal Basis

 Undang-Undang (UU)             UU No. 40 Tahun 2007 tentang Perseroan Terbatas       Law No. 40 of 2007 concerning Limited Liability
 Republik Indonesia                                                                   Companies
 Laws of the Republic of
 Indonesia

 Peraturan Otoritas Jasa        1. POJK No. 33/POJK.04/2014 tentang                   1.   POJK No. 33/POJK.04/2014 concerning the
 Keuangan (POJK)                   Direksi dan Dewan Komisaris Emiten atau                 Board of Directors and Board of Commissioners
 Financial Services Authority      Perusahaan Publik;                                      of Issuers or Public Companies;
 Regulations (POJK)             2. POJK No. 34/POJK.04/2014 tentang Komite            2.   POJK No. 34/POJK.04/2014 concerning the
                                   Nominasi dan Remunerasi Emiten atau                     Nomination and Remuneration Committee of
                                   Perusahaan Publik;                                      Issuers or Public Companies;
                                3. POJK No. 35/POJK.04/2014 tentang Sekretaris        3.   POJK No. 35/POJK.04/2014 concerning
                                   Perusahaan Emiten atau Perusahaan Publik;               the Corporate Secretary of Issuers or
                                                                                           Public Companies;
                                4. POJK No. 55/POJK.04/2015 tentang                   4.   POJK No. 55/POJK.04/2015 concerning the
                                   Pembentukan dan Pedoman Kerja Komite Audit;             Establishment and Work Guidelines of the
                                                                                           Audit Committee;
                                5. POJK No. 56/POJK.04/2015 tentang                   5.   POJK No. 56/POJK.04/2015 concerning
                                   Pembentukan dan Pedoman Penyusunan                      the Establishment and Guidelines for the
                                   Piagam Unit Audit Internal;                             Preparation of the Internal Audit Unit Charter;
                                6. POJK No. 29/POJK.04/2016 tentang Laporan           6.   POJK No. 29/POJK.04/2016 concerning Annual
                                   Tahunan Emiten atau Perusahaan Publik;                  Reports of Issuers or Public Companies;
                                7. POJK No. 27/POJK.03/2016 tentang Penilaian         7.   POJK No. 27/POJK.03/2016 concerning Fit and
                                   Kemampuan dan Kepatutan bagi Pihak Utama                Proper Test For Main Parties In Financial Service
                                   Lembaga Jasa Keuangan;                                  Institutions;
                                8. POJK No. 51/POJK.03/2017 tentang Penerapan         8.   POJK No. 51/POJK.03/2017 concerning the
                                   Keuangan Berkelanjutan Bagi Lembaga Jasa                Implementation of Sustainable Finance for
                                   Keuangan, Emiten, dan Perusahaan Publik;                Financial Services Institutions, Issuers, and
                                                                                           Public Companies;
                                9. POJK No. 35/POJK.05/2018 tentang                   9.   POJK No. 35/POJK.05/2018 concerning the
                                    Penyelenggaraan Usaha Perusahaan                       Operation of Financing Companies;
                                    Pembiayaan;
                                10. POJK No. 10/POJK.05/2019 tentang                  10. POJK No. 10/POJK.05/2019 concerning the
                                    Penyelenggaraan Usaha Perusahaan                      Operation of Sharia Financing Companies and
                                    Pembiayaan Syariah dan Unit Usaha Syariah             Sharia Business Units of Financing Companies;
                                    Perusahaan Pembiayaan;
                                11. POJK No. 24/POJK.05/2019 tentang Rencana          11. POJK No. 24/POJK.05/2019 concerning
                                    Bisnis Lembaga Jasa Keuangan Non-Bank;                Business Plans for Non-Bank Financial
                                                                                          Services Institutions;




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      Dasar Hukum
                                           Jenis Regulasi                                      Type of Regulation
       Legal Basis

                          12. POJK 48/2024 tentang Tata Kelola yang Baik      12. POJK 48/2024 concerning Good Governance
                              bagi Lembaga Pembiayaan, Perusahaan                 for Financing Institutions, Venture Capital
                              Modal Ventura, Lembaga Keuangan Mikro, dan          Companies, Microfinance Institutions, and Other
                              Lembaga Jasa Keuangan Lainnya;                      Financial Services Institutions;
                          13. POJK No. 42/POJK.01/2024 tentang Penerapan      13. POJK No. 42/POJK.01/2024 concerning
                              Manajemen Risiko bagi Lembaga Pembiayaan,           the Implementation of Risk Management
                              Perusahaan Modal Ventura, Lembaga Keuangan          for Financing Institutions, Venture Capital
                              Mikro, dan Lembaga Jasa Keuangan Lainnya;           Companies, Microfinance Institutions, and Other
                                                                                  Financial Services Institutions;
                          14. POJK No. 47/POJK.05/2020 tentang Perizinan      14. POJK No. 47/POJK.05/2020 concerning
                              Usaha dan Kelembagaan Perusahaan                    Business Licensing and Institutional Financing
                              Pembiayaan dan Perusahaan Pembiayaan                Companies and Sharia Financing Companies.
                              Syariah. Perizinan Usaha dan Kelembagaan            Business Licensing and Institutional Financing
                              Perusahaan Pembiayaan dan Perusahaan                Companies and Sharia Financing Companies;
                              Pembiayaan Syariah;
                          15. POJK 46 Tahun 2024 tentang Pengembangan         15. POJK 46 of 2024 concerning the Development
                              dan Penguatan Perusahaan pembiayaan,                and Strengthening of Financing Companies,
                              Perusahaan Pembiayaan Infrastruktur, dan            Infrastructure Financing Companies, and
                              Perusahaan Modal Ventura;                           Venture Capital Companies;
                          16. POJK 43 Tahun 2024 tentang Pengembangan         16. POJK 43 of 2024 concerning the Development
                              Kualitas Sumber Daya Manusia Lembaga                of the Quality of Human Resources in Financing
                              Pembiayaan, Perusahaan Modal Ventura,               Institutions, Venture Capital Companies,
                              Lembaga Keuangan Mikro, dan Lembaga Jasa            Microfinance Institutions, and Other Financial
                              Keuangan Lainnya;                                   Services Institutions;
                          17. POJK No. 28/POJK.05/2020 tentang Penilaian      17. POJK No. 28/POJK.05/2020 concerning
                              Tingkat Kesehatan Lembaga Jasa Keuangan             Assessment of the Soundness Level of Non-
                              Non-Bank;                                           Bank Financial Services Institutions;
                          18. POJK No. 64/POJK.03/2020 tentang Perubahan      18. POJK No. 64/POJK.03/2020 concerning
                              atas Peraturan Otoritas Jasa Keuangan No.           Amendments to Financial Services Authority
                              18/POJK.03/2017 tentang Pelaporan dan               Regulation No. 18/POJK.03/2017 concerning
                              Permintaan Informasi Debitur Melalui Sistem         Debtor Information Report and Request via
                              Layanan Informasi Keuangan;                         Financial Information Services System;
                          19. POJK No. 8 Tahun 2023 tentang Penerapan         19. POJK No. 8 of 2023 concerning the
                              Program Anti Pencucian Uang, Pencegahan             Implementation of Anti-Money Laundering,
                              Pendanaan Terorisme, dan Pencegahan                 Counter-Terrorism Financing, and Counter-
                              Pendanaan Proliferasi Senjata Pemusnah Massal       Proliferation Financing Programs in the Financial
                              di Sektor Jasa Keuangan;                            Services Sector;
                          20. POJK No. 9 Tahun 2023 tentang Penggunaan        20. POJK No. 9 of 2023 concerning the Use of
                              Jasa Akuntan Publik dan Kantor Akuntan Publik       Public Accountants and Public Accounting Firms
                              Dalam Kegiatan Jasa Keuangan;                       in Financial Services Activities;
                          21. POJK No. 22 Tahun 2023 tentang Pelindungan      21. POJK No. 22 of 2023 concerning Consumer
                              Konsumen dan Masyarakat di Sektor                   and Community Protection in the Financial
                              Jasa Keuangan;                                      Services Sector;
                          22. POJK No. 3 Tahun 2023 tentang Peningkatan       22. POJK No. 3 of 2023 concerning the
                              Literasi dan Inklusi Keuangan di Sektor Jasa        Improvement of Financial Literacy and Inclusion
                              Keuangan Bagi Konsumen dan Masyarakat.              in the Financial Services Sector for Consumers
                                                                                  and the Community.




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       Dasar Hukum
                                                   Jenis Regulasi                                         Type of Regulation
        Legal Basis

Surat Edaran Otoritas Jasa     1.   SEOJK No. 55/POJK.04/2015 tanggal 29             1.   SEOJK No. 55/POJK.04/2015 dated December
Keuangan (SEOJK)                    Desember 2015 tentang Pembentukan dan                 29, 2015 concerning the Establishment
Financial Services Authority        Pedoman Pelaksanaan Kerja Komite Audit;               and Implementation Guidelines of the
Circular Letter (SEOJK)                                                                   Audit Committee;
                               2. SEOJK No. 16/SEOJK.04/2021 tanggal 29 Juni         2.   SEOJK No. 16/SEOJK.04/2021 dated June 29,
                                  2021 tentang Bentuk dan Isi Laporan Tahunan             2021 concerning the Form and Content of
                                  Emiten atau Perusahaan Publik;                          Annual Reports of Issuers or Public Companies;
                               3. SEOJK No. 11/SEOJK.05/2020 tanggal 1 Juli          3.   SEOJK No. 11/SEOJK.05/2020 dated July
                                  2020 tentang Penilaian Tingkat Kesehatan                1, 2020, concerning Assessments of the
                                  Perusahaan Pembiayaan dan Perusahaan                    Soundness Levels of Financing Companies and
                                  Pembiayaan Syariah;                                     Sharia Financing Companies;
                               4. SEOJK No. 23/SEOJK.05/2019 tentang Rencana         4.   SEOJK No. 23/SEOJK.05/2019 concerning the
                                  Bisnis Perusahaan Pembiayaan dan Perusahaan             Business Plans of Financing Companies and
                                  Pembiayaan Syariah;                                     Sharia Financing Companies;
                               5. SEOJK No. 18/SEOJK.03/2023 tentang Tata            5.   SEOJK No. 18/SEOJK.03/2023 concerning
                                  Cara Penggunaan Kantor Akuntan Publik dalam             Procedures for the Use of Public Accounting
                                  Kegiatan Jasa Keuangan.                                 Firms in Financial Services Activities.




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Prinsip-Prinsip Dasar GCG
Basic Principles of GCG




Sebagai bentuk tanggung jawab dan komitmen terhadap                       As a form of responsibility and commitment to fair and equal
perlindungan yang adil serta setara bagi seluruh pemegang                 protection for all shareholders and other stakeholders, the
saham dan pemangku kepentingan lainnya, Perseroan                         Company implements GCG practices in all aspects of its business
menerapkan praktik GCG pada seluruh aspek kegiatan                        and operational activities. In its implementation, the Company
usaha dan operasional. Dalam pelaksanaannya, Perseroan                    adheres to the 5 (five) basic principles of GCG as stipulated in
berpedoman pada 5 (lima) prinsip dasar GCG sebagaimana                    POJK No. 30/POJK.05/2014 in conjuction with POJK No. 29/
diatur dalam POJK No. 30/POJK.05/2014 jo. POJK No. 29/                    POJK.05/2020 concerning Good Corporate Governance for
POJK.05/2020 tentang Tata Kelola Perusahaan yang Baik bagi                Financing Companies. Details of these principles are presented
Perusahaan Pembiayaan. Penjabaran mengenai prinsip-prinsip                in the following table:
tersebut disajikan pada tabel berikut:


              Prinsip-Prinsip                      Penjelasan                                       Implementasi di Perseroan
 No.
                 Principles                        Explanation                                    Implementation in the Company

 1.        Transparansi         Untuk menjaga objektivitas dalam menjalankan         1. Publikasi dan transparansi informasi terkait
           Transparency         bisnis, Perseroan menjamin keterbukaan proses           Perseroan dapat diakses melalui situs web:
                                pengambilan keputusan serta menyediakan                 https://fifgroup.co.id/;
                                informasi yang material dan relevan baik terkait     2. Penyampaian laporan berkala maupun insidental
                                kondisi keuangan ataupun non-keuangan secara            secara tepat waktu kepada regulator yang dapat
                                transparan, tepat waktu, jelas, dan akurat melalui      diakses melalui situs web Bursa Efek Indonesia (BEI):
                                kanal komunikasi yang mudah diakses dan                 www.idx.co.id dengan kode saham: “FIFA”;
                                dipahami oleh para pemangku kepentingan.             3. Uraian hak dan kewajiban debitur serta informasi
                                Penegakkan prinsip transparansi bertujuan untuk         penting lain secara jelas telah dituangkan dalam
                                membantu pemegang saham dan pemangku                    perjanjian pembiayaan yang disepakati bersama;
                                kepentingan dalam memberikan penilaian               4. Proses pengambilan keputusan strategis terkait
                                kinerja dan risiko yang dihadapi oleh Perseroan.        arah pengembangan bisnis Perseroan dilakukan
                                Implementasi prinsip ini tetap memerhatikan             secara transparan melalui rapat internal ataupun
                                kebijakan keterbukaan informasi perusahaan              melalui Rapat Umum Pemegang Saham (RUPS) untuk
                                dan mengindahkan peraturan perundang-                   mengambil keputusan yang sifatnya harus dilakukan
                                undangan yang berlaku.                                  oleh pemegang saham.

                                To maintain objectivity in conducting business,      1. Publications and transparency of information related
                                the Company is committed to ensuring the                to the Company is accessible via the website:
                                transparency of the decision making process             https://fifgroup.co.id/;
                                and providing material and relevant information      2. Timely submission of periodic and incidental
                                related to both financial and non-financial             reports to the regulator can be accessed through
                                conditions in a transparent, timely, clear and          the Indonesia Stock Exchange (IDX) website:
                                accurate manner through communication                   www.idx.co.id with the issuer code: "FIFA";
                                channels that are easily accessible and              3. The description of the debtor's rights and obligations
                                understood by stakeholders. The implementation          and other important information is clearly stated in a
                                of the transparency principle aims to assist            mutually agreed financing agreement;
                                shareholders and stakeholders in assessing           4. The strategic decision-making process related to the
                                the performance and risks encountered by the            direction of the Company's business development is
                                Company. The implementation of this principle           executed transparently through internal meetings or
                                still pays attention to the company's information       through the General Meeting of Shareholders (GMS)
                                disclosure policy and complies with applicable          to make decisions/resolutions that must be made by
                                laws and regulations.                                   shareholders.




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        Prinsip-Prinsip                       Penjelasan                                       Implementasi di Perseroan
No.
           Principles                         Explanation                                    Implementation in the Company

2.    Akuntabilitas       Perseroan menetapkan pembagian dan                    1. Perseroan menetapkan charter atau Piagam yang
      Accountability      kejelasan fungsi, struktur, sistem, serta                secara jelas menguraikan pembagian tugas dan
                          pertanggungjawaban dari masing-masing Organ              tanggung jawab dari masing-masing Organ GCG;
                          GCG secara jelas agar kegiatan usaha dapat            2. Pengambilan segala bentuk keputusan terkait
                          berjalan efektif dan efisien. Dengan adanya              pengelolaan ataupun arah pengembangan bisnis
                          pemisahan tugas yang jelas, setiap Organ dapat           Perseroan senantiasa dilakukan secara objektif dan
                          bekerja secara independen dan terbebas dari              berdasarkan keputusan dari Organ yang relevan;
                          pengaruh kepentingan tertentu atau terbebas           3. Seluruh karyawan wajib menjalankan tugas dan
                          dari benturan kepentingan dengan pihak                   tanggung jawabnya sesuai peran dan fungsi
                          manapun yang dapat mengganggu kelancaran                 masing-masing tanpa ada tekanan-tekanan
                          pelaksanaan tugas dan tanggung jawabnya                  dari pihak manapun yang tidak sesuai dengan
                          dalam bekerja.                                           kepentingan Perseroan;
                                                                                4. Dewan Komisaris dan Direksi
                          The Company establishes the division and                 mempertanggungjawabkan kinerjanya kepada
                          clarity of functions, structures, systems, and           pemegang saham melalui RUPS.
                          accountability of each GCG Governing Bodies so
                          that business activities can operate effectively      1. The Company establishes a charter that clearly
                          and efficiently. With a clear separation of duties,      outlines the division of duties and responsibilities of
                          each Governing body can work independently               each GCG Governing Body;
                          and free from the influence of certain interests or   2. All decisions related to the management or direction
                          free from conflicts of interest with any party that      of the Company's business development are always
                          can interfere with the smooth implementation of          made objectively and based on the decisions of the
                          its duties and responsibilities at work.                 relevant Body;
                                                                                3. All employees are required to do their duties and
                                                                                   responsibilities in accordance with their respective
                                                                                   roles and functions without any pressure from any
                                                                                   party that is not in the interests of the Company;
                                                                                4. The Board of Commissioners and Board of
                                                                                   Directors are accountable for their performance to
                                                                                   shareholders through the GMS.

3.    Tanggung Jawab      Perseroan selalu berpegang pada prinsip               1. Secara aktif mengikuti perkembangan regulasi terkini
      Responsibility      kehati-hatian dalam menjalankan kegiatan                 khususnya yang relevan dengan bidang usaha
                          usaha pembaiayaan, serta senantiasa mematuhi             pembiayaan ataupun lembaga jasa keuangan non-
                          peraturan perundang-undangan yang berlaku                bank;
                          dan melaksanakan tanggung jawab korporasi             2. Mematuhi peraturan perundang-undangan yang
                          terhadap masyarakat dan lingkungan.                      berlaku seperti dalam hal ketenagakerjaan,
                                                                                   kewajiban perpajakan, kesehatan dan keselamatan
                          The Company always adheres to the principle              kerja serta persaingan usaha;
                          of prudence in its financing activities and           3. Melaksanakan tanggung jawab sosial perusahaan
                          consistently complies with applicable laws               (Corporate Social Responsibility/”CSR”).
                          and regulations, while fulfilling its corporate
                          responsibilities to the community and                 1. Actively following the latest regulatory developments,
                          the environment.                                         particularly those relevant to the financing business
                                                                                   or non-bank financial services institutions;
                                                                                2. Complies with applicable laws and regulations,
                                                                                   such as those relating to employment, tax
                                                                                   obligations, occupational health and safety, and
                                                                                   business competition;
                                                                                3. Implementing corporate social responsibility (CSR).




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              Prinsip-Prinsip                      Penjelasan                                        Implementasi di Perseroan
 No.
                 Principles                        Explanation                                     Implementation in the Company

 4.        Independensi         Kemampuan Perseroan dalam menjalankan                 1. Menjalankan kegiatan usaha sesuai dengan
           Independence         kegiatan usaha secara profesional dan                    ketentuan Anggaran Dasar dan peraturan
                                independen serta bebas dari benturan                     perundang-undangan yang berlaku;
                                kepentingan dan pengaruh/tekanan dari pihak-          2. Pengambilan keputusan dilakukan secara objektif
                                pihak manapun yang bertentangan dengan                   dan berdasarkan keputusan bersama;
                                peraturan dan perundang-undangan di bidang            3. Seluruh Organ GCG wajib melaksanakan fungsi
                                pembiayaan dan nilai-nilai etika serta standar,          dan tanggung jawabnya dengan mengutamakan
                                prinsip, dan praktik penyelenggaraan usaha               independensi dan objektivitas untuk menghindari
                                pembiayaan yang sehat.                                   terjadinya dominasi oleh pihak manapun, serta tidak
                                                                                         terpengaruh oleh kepentingan tertentu dan bebas
                                The Company's ability to conduct business                dari benturan kepentingan sehingga keputusan yang
                                activities professionally and independently, free        diambil berlandaskan pada pandangan yang objektif;
                                from conflicts of interest and influence/pressure     4. Pemegang saham dan Dewan Komisaris dilarang
                                from any party that is contrary to regulations and       mencampuri kegiatan oeprasional Perseroan.
                                laws in the field of financing and ethical values,
                                as well as standards, principles, and practices of    1. Conducting business activities in accordance with
                                sound financial business management.                     the provisions of the Articles of Association and
                                                                                         applicable laws and regulations;
                                                                                      2. Decision-making is done objectively and based on
                                                                                         collective decisions;
                                                                                      3. All GCG Governing Bodies must fullfil their functions
                                                                                         and responsibilities by prioritizing independence
                                                                                         and objectivity to avoid domination by any party, and
                                                                                         not be influenced by certain interests, and free from
                                                                                         conflicts of interest so that decisions are made based
                                                                                         on an objective view;
                                                                                      4. Shareholders and the Board of Commissioners
                                                                                         are prohibited from interfering in the Company's
                                                                                         operational activities.

 5.        Kewajaran            Perseroan menjunjung tinggi prinsip kesetaraan,       1. Seluruh pemegang saham baik mayoritas maupun
           Fairness             keseimbangan, dan keadilan dalam memenuhi                minoritas berhak menghadiri dan memberikan suara
                                hak-hak pemangku kepentingan yang timbul                 dalam RUPS sesuai dengan ketentuan yang berlaku;
                                berdasarkan perjanjian, peraturan perundang-          2. Memberikan perlakuan yang setara, wajar, dan
                                undangan, nilai-nilai etika, standar, prinsip, dan       adil kepada semua pemangku kepentingan dalam
                                praktik penyelenggaraan usaha pembiayaan                 memenuhi haknya sesuai dengan manfaat dan
                                yang sehat, namun tetap mempertimbangkan                 kontribusi yang diberikan kepada Perseroan;
                                peraturan yang berlaku dan Anggaran                   3. Menjunjung tinggi inklusivitas di tempat kerja
                                Dasar Perseroan.                                         dengan memberikan kesempatan yang sama dan
                                                                                         setara kepada semua karyawan untuk mendapatkan
                                The Company upholds the principles of equality,          promosi atau mengikuti program pengembangan
                                balance, and fairness in fulfilling the rights of        kompetensi SDM tanpa membedakan suku, agama,
                                stakeholders arising from agreements, laws, and          ras, jenis kelamin.
                                regulations, ethical values, standards, principles,
                                and practices of sound financing operations,          1. All shareholders, both majority and minority,
                                while still considering applicable regulations and       have the right to attend and vote at the General
                                the Company's Articles of Association.                   Meeting of Shareholders in accordance with
                                                                                         applicable regulations;
                                                                                      2. Providing equal, fair, and equitable treatment to all
                                                                                         stakeholders in fulfilling their rights in accordance
                                                                                         with the benefits and contributions they provide to
                                                                                         the Company;
                                                                                      3. Upholding inclusivity in the workplace by providing
                                                                                         equal opportunities to all employees to obtain
                                                                                         promotions or participate in human resource
                                                                                         competency development programs without
                                                                                         discrimination based on ethnicity, religion, race,
                                                                                         or gender.




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Roadmap Penerapan GCG
Roadmap for GCG Implementation




Perseroan terus berusaha memperkuat penerapan prinsip-               The Company continues to strive to strengthen the
prinsip GCG sebagai fondasi utama dalam mewujudkan                   implementation of GCG principles as the main foundation in
pertumbuhan bisnis yang sehat, berkelanjutan, dan                    achieving healthy, sustainable, and integrity-based business
berintegritas. Komitmen ini diwujudkan melalui penyusunan            growth. This commitment is reflected in the development of
roadmap implementasi GCG yang berfungsi sebagai panduan              a GCG implementation roadmap that serves as a long-term
strategis jangka panjang dalam meningkatkan kualitas tata            strategic guide for improving governance across all lines of
kelola di seluruh lini organisasi.                                   the organization.

Penyusunan roadmap GCG Perseroan disesuaikan dengan                  The Company’s GCG roadmap is tailored to the company’s actual
kondisi aktual perusahaan dengan mengacu pada kebijakan              conditions, with reference to nationally applicable GCG policies,
GCG yang berlaku secara nasional, serta mengadopsi praktik-          and adopts relevant international best practices. Through a
praktik terbaik internasional yang relevan. Melalui rancangan        comprehensive GCG roadmap design, Management has a
roadmap GCG yang komprehensif, Manajemen memiliki                    clear strategic guide to assess the maturity level of governance
panduan strategis yang jelas untuk menilai tingkat kematangan        implementation, determine development priorities, and ensure
penerapan tata kelola, menentukan prioritas pengembangan,            that every GCG initiative is in line with the Company’s vision,
serta memastikan setiap inisiatif GCG berjalan selaras dengan        mission, and long-term objectives.
visi, misi, dan tujuan jangka panjang Perseroan.

Berikut ini adalah tahapan perjalanan implementasi GCG               The following are the stages of the Company’s GCG
Perseroan dari waktu ke waktu:                                       implementation journey over time:




                  Target       Komitmen & Integritas GCG FIFGROUP
  2013            Target       FIFGROUP GCG Commitment & Integrity


             Program Kerja | Work Program :

             1.   Penyempurnaan prinsip Mengenal Nasabah (Know          1.   Improvement of the Know Your Customer (KYC)
                  your Customer/”KYC”);                                      principle;
             2.   Penyusunan pedoman pemantauan risiko;                 2.   Development of risk monitoring guidelines;
             3.   Penyusunan Business & Ethic Framework;                3.   Development of a Business & Ethics Framework;
             4.   Assessment GCG IICG dengan predikat “Tepercaya”;      4.   Assessment of GCG IICG with a “Trusted” rating;
             5.   Implementasi prinsip anti benturan kepentingan.       5.   Implementation of anti-conflict of interest principles.




  2014            Target       Penyempurnaan Infrastruktur GCG FIFGROUP
   –
  2016            Target       Improvement of FIFGROUP's GCG Infrastructure


             Program Kerja | Work Program :

             1. Penyelesaian Kode Etik FIF;                             1. Finalization of the FIF Code of Conduct;
             2. Pembentukan Komite Nominasi dan Remunerasi;             2. Establishment of the Nomination and
                                                                           Remuneration Committee;
             3. Penetapan Business & Ethic Framework.                   3. Establishment of Business & Ethics Framework.




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                   Target           Penerapan GCG Excellence di FIFGROUP
 2017              Target           Implementation of GCG Excellence at FIFGROUP


              Program Kerja | Work Program :

              1. Penyempurnaan Business & Ethic Framework;                          1. Refinement of the Business & Ethics Framework;
              2. Penyempurnaan Organ GCG FIF;                                       2. Refinement of FIF’s GCG Governing Bodies;
              3. Assessment GCG secara berkala.                                     3. Periodic GCG assessment.




                   Target           Penguatan GCG Excellence di FIFGROUP
 2018              Target           Strengthening GCG Excellence at FIFGROUP


              Program Kerja | Work Program :

              1. Penguatan implementasi Business & Ethic;                           1. Strengthening the implementation of Business & Ethics;
              2. Penguatan implementasi GCG melalui proses                          2. Strengthening GCG implementation through periodic
                 pengawasan dan evaluasi berkala oleh organ-organ                      monitoring and evaluation processes by the Company’s
                 Perseroan;                                                            governing bodies;
              3. Assessment GCG berkala.                                            3. Periodic GCG assessment.




                   Target           Penyempurnaan GCG Excellence di FIFGROUP
 2019              Target           Improvement of GCG Excellence at FIFGROUP


              Program Kerja | Work Program :

              1. Penyempurnaan fungsi, organ, serta struktur                        1. Improvement of the Company’s functions, governing
                 organisasi Perseroan;                                                 bodies, and organizational structure;
              2. Penyempurnaan penerapan GCG melalui pengawasan,                    2. Improvement of GCG implementation through periodic
                 penilaian, serta evaluasi GCG secara berkala;                         GCG monitoring, assessment, and evaluation;
              3. Penyempurnaan sistem anti fraud dan whistleblowing                 3. Improvement of the anti-fraud and whistleblowing
                 dengan pembentukan fungsi Anti Fraud                                  system through the establishment of an Anti-Fraud
                 Management System.                                                    Management System function.




 2020              Target
   –                                Sustainable Governance
 2023              Target


              Program Kerja | Work Program :

              1. Penguatan Risk-Based Approach di seluruh struktur                  1. Strengthening the Risk-Based Approach throughout the
                 dan mekanisme GCG;                                                    entire structure and mechanisms of GCG;
              2. Memperkuat praktik GCG yang dapat melindungi                       2. Strengthening GCG practices that protect the interests
                 kepentingan seluruh stakeholders Perseroan;                           of all Company stakeholders;
              3. Te r b e n t u k n y a f u n g s i K o o r d i n a t o r A k s i   3. Establishment of a Sustainable Finance Action
                 Keuangan Berkelanjutan;                                               Coordinator function;
              4. Penguatan Fungsi Kepatuhan.                                        4. Strengthening the Compliance Function.




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                   Target         Penyempurnaan GCG melalui aspek Pelindungan Data Pribadi (PDP) Strategic Improvement
  2024             Target         Improving GCG through the aspect of Personal Data Protection (PDP) Strategic Improvement



              Program Kerja | Work Program :

              1.   Melakukan pembaruan Record of Processing Activities      1.   Conducting periodic updates to the Record of Processing
                   (RoPA) dan Data Protection Impact Assessment (DPIA)           Activities (RoPA) and Data Protection Impact Assessment
                   secara berkala;                                               (DPIA);
              2.   Melakukan pembaruan terhadap kebijakan dan prosedur      2.   Updating internal policies and procedures along with
                   internal beserta dokumen pendukung;                           supporting documents;
              3.   Melakukan pengembangan terhadap proses operasional;      3.   Developing operational processes;
              4.   Penguatan terhadap infrastruktur teknologi informasi;    4.   Strengthening information technology infrastructure;
              5.   Pemberian pemahaman (awareness) di                       5.   Providing awareness within the Company;
                   lingkup Perseroan;
              6.   Melakukan audit internal yang bersumber dari ketentuan   6. Conducting internal audits based on the provisions of
                   UU PDP; dan                                                 the PDP Law; and
              7.   Pembentukan organisasi pelindungan data pribadi yang     7. Establishing a personal data protection organization
                   berada di bawah Fungsi Kepatuhan.                           under the Compliance Function.




                   Target         Penyempurnaan dan Penguatan GCG melalui Implementasi POJK 48/2024
  2025             Target         Improvement and Strengthening of GCG through the Implementation of POJK 48/2024


              Program Kerja | Work Program :

              1. Melakukan penyelarasan dan pembaruan kebijakan             1. Aligning and updating GCG policies, including the
                 GCG, antara lain meliputi Pedoman Tata Kelola                 Corporate Governance Guidelines, Board of Directors
                 Perusahaan, Pedoman Direksi, Pedoman Dewan                    Guidelines, Board of Commissioners Guidelines,
                 Komisaris, Pedoman Komite di bawah Dewan Komisaris            and Committee Guidelines under the Board of
                 agar sepenuhnya selaras dengan POJK 48/2024;                  Commissioners, to be fully aligned with POJK 48/2024;
              2. Melakukan penyesuaian dan standardisasi proses Tata        2. Adjusting and standardizing corporate governance
                 Kelola Perusahaan mencakup mekanisme pengambilan              processes, including decision-making, supervision,
                 keputusan, pengawasan, pelaporan, dan dokumentasi             reporting, and documentation mechanisms in
                 sesuai ketentuan POJK 48/2024;                                accordance with POJK 48/2024 provisions;
              3. Penyempurnaan mekanisme pelaporan dan disclosure           3. Improving corporate governance reporting and
                 tata kelola termasuk pelaporan internal, pelaporan            disclosure mechanisms, including internal reporting,
                 kepada regulator, serta pemenuhan kewajiban publikasi         reporting to regulators, and fulfilling information
                 informasi pada situs web perusahaan.                          publication obligations on the company’s website.



Rencana Penerapan GCG Tahun 2026
2026 GCG Implementation Plan

Perseroan telah menetapkan rencana penerapan GCG yang                   The Company has established a focused and sustainable
terarah dan berkesinambungan sebagai bagian dari komitmen               GCG implementation plan as part of its commitment to
untuk memperkuat fondasi tata kelola perusahaan. Untuk tahun            strengthening the foundations of corporate governance. For
2026 mendatang, Perseroan menempatkan fokus strategis                   2026, the Company is placing strategic focus on improving
pada peningkatan kualitas implementasi GCG melalui berbagai             the quality of GCG implementation through various priority
program dan inisiatif prioritas yang bertujuan untuk memperkuat         programs and initiatives aimed at strengthening the governance
struktur tata kelola, menumbuhkan budaya kepatuhan, serta               structure, fostering a culture of compliance, and increasing the
meningkatkan efektivitas fungsi pengawasan di seluruh lini              effectiveness of supervisory functions across all lines of the
organisasi, antara lain dengan melakukan:                               organization, including:
1. Pengembangan dashboard monitoring untuk memantau                     1. Developing a monitoring dashboard to monitor all work
    seluruh proses kerja yang berkaitan dengan GCG Perseroan;               processes related to the Company’s GCG;
2. Penyesuaian Anggaran Dasar Perseroan agar selaras                    2. Adjusting the Company’s Articles of Association to align
    dengan ketentuan baru antara lain POJK 48/2024 dan                      with new provisions, including POJK 48/2024 and POJK
    POJK 30/2024.                                                           30/2024.


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Keterkaitan Penerapan GCG
terhadap Kinerja Perseroan
Relationship Between GCG Implementation and the Company’s Performance


Pencapaian Kinerja Bisnis Perseroan Tahun 2025
The Company’s Business Performance Achievements in 2025

Kesadaran dan komitmen yang kuat dari seluruh jajaran                  Strong awareness and commitment across all organizational
organisasi dalam menerapkan prinsip-prinsip GCG secara                 levels to consistently and sustainably implement GCG principles
konsisten dan berkelanjutan telah menghasilkan capaian                 have resulted in positive governance outcomes and contributed
tata kelola yang positif dan berkontribusi pada peningkatan            to enhancing the Company’s performance and reputation.
kinerja serta reputasi Perseroan. Capaian tersebut tercermin           These achievements are reflected in the Company’s solid and
dari kinerja Perseroan sepanjang tahun 2025 yang tetap solid           resilient performance throughout 2025, despite the dynamics
dan resilien di tengah dinamika serta tantangan eksternal yang         and external challenges in the multifinance industry.
dihadapi industri multifinance.



 Pertumbuhan Penyaluran Pembiayaan Motor Baru                            Pertumbuhan Laba Bersih
 New Motorcycle Financing Growth                                         Net Income Growth


naik
increased by:
                             4,92%                                     naik
                                                                       increased by:
                                                                                                      1,83%
2025                                      Rp4,63 triliun | trillion    2025                                 Rp30.447.225 juta | million

2024                                  Rp4,42 triliun | trillion        2024                                Rp29.900.350 juta | million




Struktur dan
Mekanisme GCG
GCG Structure and Mechanism



Komitmen Perseroan dalam menegakkan praktik governansi                 The Company’s commitment to upholding good corporate
korporat yang baik ditunjukkan melalui penerapan Kerangka              governance practices is demonstrated through the
Kerja Tata Kelola (Governance Framework) yang memadai                  implementation of an adequate Governance Framework
sehingga seluruh proses bisnis senantiasa berjalan secara              so that all business processes are always conducted in an
etis, transparan, dan sesuai ketentuan yang berlaku. Dengan            ethical, transparent manner and in accordance with applicable
memastikan kecukupan Governance Framework serta                        regulations. With the adequacy of its Governance Framework
kematangan penerapan prinsip-prinsip GCG, Perseroan                    and the maturity of its implementation of GCG principles, the
semakin siap menghadapi dinamika dan tantangan bisnis yang             Company is increasingly prepared to address the constantly
terus berkembang, sekaligus memperkuat posisinya sebagai               evolving dynamics and challenges of the business, while
perusahaan pembiayaan yang terpercaya, berintegritas, dan              strengthening its position as a trusted, ethical, and highly
berdaya saing tinggi.                                                  competitive financing company.




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Struktur Organ Tata Kelola
Governance Structure

Perseroan memiliki struktur Organ tata kelola yang lengkap           The Company has a complete governance structure in
sesuai ketentuan UU No. 40 Tahun 2007 tentang Perseroan              accordance with the provisions of Law No. 40 of 2007
Terbatas sebagaimana telah diubah menjadi Peraturan                  concerning Limited Liability Companies, as amended by
Pemerintah Pengganti Undang-Undang No. 2 Tahun 2022                  Government Regulation in Lieu of Law No. 2 of 2022 concerning
tentang UU Cipta Kerja. Dengan berpedoman pada regulasi              the Job Creation Law. In accordance with these regulations, the
tersebut, Organ utama Perseroan terdiri dari Rapat Umum              Company’s main governing bodies are the General Meeting
Pemegang Saham (RUPS), Dewan Komisaris, dan Direksi. Dalam           of Shareholders (GMS), the Board of Commissioners, and the
menjalankan peran dan fungsi masing-masing, ketiga Organ             Board of Directors. In performing their respective roles and
utama Perseroan tersebut turut didukung oleh organ-organ             functions, the three main governing bodies of the Company
pendukung yang membantu pengawasan dan pelaksanaan                   are supported by supporting governing bodies that assist in
kebijakan perusahaan.                                                supervising and implementing company policies.

Sebagai organ pengawas, Dewan Komisaris didukung oleh                As a supervisory body, the Board of Commissioners is supported
komite-komite di bawahnya yang terdiri dari Komite Audit,            by committees, including the Audit Committee, the Nomination
Komite Nominasi dan Remunerasi, serta Komite Pemantau                and Remuneration Committee, and the Risk Monitoring
Risiko. Demikian halnya, Direksi juga membawahi sejumlah             Committee. Similarly, the Board of Directors oversees a
Organ tata kelola pendukung, seperti Komite Manajemen                number of supporting governance bodies, including the Risk
Risiko, Komite Pengarah Teknologi Informasi, hingga Sekretaris       Management Committee, the Information Technology Steering
Perusahaan, dan Unit Audit Internal (UAI).                           Committee, the Corporate Secretary, and the Internal Audit
                                                                     Unit (UAI).

Kolaborasi seluruh organ Perseroan diperlukan untuk                  Collaboration among all governing bodies of the Company
memastikan mekanisme tata kelola berjalan secara efektif             is necessary to ensure that the governance mechanism
sehingga dapat mendukung proses pengambilan keputusan                operates effectively, supports appropriate decision-making
yang tepat, menjaga transparansi dan akuntabilitas, serta            processes, maintains transparency and accountability, and
mewujudkan kinerja bisnis yang berkelanjutan sesuai                  achieves sustainable business performance in accordance
prinsip-prinsip GCG.                                                 with GCG principles.


Mekanisme Tata Kelola
Governance Mechanisms


Perseroan menerapkan mekanisme tata kelola yang                      The Company applies a systematic governance mechanism to
sistematis guna memastikan setiap proses bisnis berjalan             make sure every business process is transparent, accountable,
secara transparan, akuntabel, dan sejalan dengan prinsip-            and in line with GCG principles. These mechanisms include
prinsip GCG. Mekanisme tersebut mencakup cara, prosedur,             clear methods, procedures, and rules for each governance
dan aturan yang jelas bagi setiap organ tata kelola dalam            body in carrying out its functions.
melaksanakan fungsinya.

Perseroan meyakini bahwa penerapan GCG tidak hanya                   The Company believes that implementing GCG does not
bergantung pada keberadaan hard structure yang memadai,              depend solely on the existence of adequate hard structures,
tetapi juga memerlukan dukungan soft structure yang kuat             but also requires strong soft structures, including values, culture,
berupa nilai, budaya, dan komitmen etis di seluruh jenjang           and ethical commitment at all levels of the organization. The
organisasi. Berikut disajikan daftar infrastruktur GCG Perseroan     following is a list of the Company’s GCG infrastructure in
sesuai dengan pembaruan tahun 2025:                                  accordance with the 2025 update:
1. Pedoman Tata Kelola Perusahaan;                                   1. Corporate Governance Guidelines;
2. Piagam Dewan Komisaris dan Direksi;                               2. Board of Commissioners and Board of Directors Charter;
3. Piagam Komite-Komite; dan                                         3. Charter of Committees; and
4. Pedoman teknis internal lainnya.                                  4. Other internal technical guidelines.




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Penilaian GCG Tahun 2025
GCG Assessment in 2025




Perseroan secara berkala melakukan penilaian atas penerapan     The Company periodically evaluates the implementation of
GCG guna memastikan seluruh aktivitas bisnis dan operasional    GCG to ensure that all business and operational activities are
dilaksanakan sesuai dengan standar etika bisnis, ketentuan      conducted in accordance with ethical standards, applicable
perundang-undangan, serta kebijakan yang berlaku di industri    laws and regulations, and policies governing the multifinance
multifinance. Penilaian ini tidak hanya menelaah efektivitas    industry. This assessment not only examines the effectiveness
penerapan dan kecukupan struktur maupun infrastruktur GCG,      of implementation and the adequacy of the GCG structure and
tetapi juga memberikan rekomendasi strategis bagi Manajemen     infrastructure, but also provides strategic recommendations
dalam rangka mendorong perbaikan berkelanjutan serta            to Management to encourage continuous improvement
peningkatan kualitas tata kelola di seluruh lini organisasi.    and enhance the quality of governance across all lines of
                                                                the organization.

Penilaian Mandiri (Self-Assessment)
Self-Assessment


A. Prosedur Penilaian                                           A. Assessment Procedure
   Perseroan melakukan penilaian GCG secara mandiri                The Company conducts a self-assessment of GCG using
   (self-assessment) dengan kertas kerja yang disusun              worksheets prepared in accordance with POJK No.
   berdasarkan ketentuan POJK No. 28/POJK.05/2020 dan              28/POJK.05/2020 and SEOJK No. 11/SEOJK.05/2020
   SEOJK No. 11/SEOJK.05/2020 tentang Penilaian Tingkat            concerning Assessments of the Soundness Levels of
   Kesehatan Perusahaan Pembiayaan dan Perusahaan                  Financing Companies and Sharia Financing Companies.
   Pembiayaan Syariah.

   Proses penilaian dilakukan secara sistematis dengan              The assessment process is carried out systematically
   mengintegrasikan 3 (tiga) aspek utama GCG, yaitu                 by integrating the three main aspects of GCG, namely
   Governance Structure, Governance Process, dan                    Governance Structure, Governance Process, and
   Governance Outcome. Secara keseluruhan, ketiga aspek             Governance Outcome. These three aspects are described
   tersebut dijabarkan sebagai berikut:                             as follows:
   1. Penerapan prinsip GCG pada Perseroan;                         1. The implementation of GCG principles in the Company;
   2. Kecukupan tata kelola yang meliputi struktur Organ,           2. The adequacy of governance, including the structure
       proses, dan hasil penerapan GCG; serta                           of governing bodies, processes, and outcomes of GCG
                                                                        implementation; and
   3. Informasi lain yang terkait dengan GCG yang didasarkan        3. Other information related to GCG based on relevant
      pada data dan informasi yang relevan.                             data and information.

   Dengan menerapkan prosedur penilaian GCG yang terukur,           By implementing measurable GCG assessment procedures,
   Perseroan dapat memastikan bahwa penerapan GCG                   the Company can confirm that GCG implementation is
   senantiasa berjalan sesuai dengan prinsip transparansi,          always in accordance with the principles of transparency,
   akuntabilitas, tanggung jawab, independensi, serta               accountability, responsibility, independence, and fairness.
   kewajaran (fairness).




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B. Kriteria Penilaian                                                       B. Assessment Criteria
   Dalam melaksanakan penilaian GCG secara self-                               In conducting a self-assessment of GCG, the Company uses
   assessment, Perseroan menggunakan sejumlah kriteria atau                    several criteria or parameters that refer to POJK 48/2024
   parameter yang mengacu pada POJK 48/2024 tentang Tata                       concerning Good Governance for Financing Companies,
   Kelola yang Baik bagi Perusahaan Pembiayaan, Perusahaan                     Venture Capital Companies, Microfinance Institutions,
   Modal Ventura, Lembaga Keunagan Mikro, dan Lembaga                          and Other Financial Services Institutions, as well as other
   Jasa Keuangan Lainnya serta pedoman GCG yang berlaku                        generally applicable GCG guidelines.
   umum lainnya.

   Berdasarkan ketentuan tersebut, kriteria atau parameter                      Based on these provisions, the criteria or parameters for
   penilaian penerapan GCG di Perseroan dikelompokkan                           assessing the implementation of GCG in the Company are
   ke dalam 16 (enam belas) faktor utama, sebagai berikut:                      divided into 16 (sixteen) main factors, as follows:
   1. Pelaksanaan tugas dan wewenang pemegang saham                             1. The performance of duties and authorities of
       dan RUPS;                                                                    shareholders and the General Meeting of Shareholders;
   2. Pe l a k s a n a a n t u g a s , t a n g g u n g j a w a b, d a n         2. The implementation of the duties, responsibilities, and
       wewenang Direksi;                                                            the authority of the Board of Directors;
   3. Pelaksanaan tugas, tanggung jawab, dan wewenang                           3. The implementation of the duties, responsibilities, and
       Dewan Komisaris;                                                             the authority of the Board of Commissioners;
   4. Pe l a k s a n a a n t u g a s , t a n g g u n g j a w a b, d a n         4. The implementation of duties, responsibilities, and the
       wewenang DPS;                                                                authority of the Sharia Supervisory Board (SSB/DPS);
   5. Kelengkapan dan pelaksanaan tugas komite;                                 5. The composition and performance of committee duties;
   6. Penerapan manajemen risiko;                                               6. Implementation of risk management;
   7. Penerapan anti-fraud;                                                     7. Implementation of anti-fraud strategies;
   8. Penerapan fungsi kepatuhan;                                               8. Implementation of compliance functions;
   9. Penerapan fungsi audit internal dan audit eksternal;                      9. Implementation of internal and external audit functions;
   10. Penanganan benturan kepentingan;                                         10. Handling of conflicts of interest;
   11. Penerapan Kebijakan Remunerasi;                                          11. Implementation of Remuneration Policy;
   12. Keterbukaan informasi;                                                   12. Information Disclosure;
   13. Etika Bisnis;                                                            13. Business Ethics;
   14. Kebijakan Pembiayaan;                                                    14. Financing Policy;
   15. Penerapan keuangan berkelanjutan, termasuk                               15. Implementation of sustainable finance, including the
       penerapan tanggung jawab sosial dan lingkungan;                              implementation of social and environmental responsibility;
   16. Rencana bisnis.                                                          16. Business plan.

C. Pihak yang Melakukan Penilaian                                           C. Party Conducting the Assessment
   Penilaian GCG secara mandiri dilakukan oleh Perseroan                       The GCG assessment is conducted independently by the
   dengan melibatkan fungsi-fungsi terkait.                                    Company with the involvement of relevant functions.




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D. Hasil Penilaian                                                        D. Assessment Results
   Berdasarkan hasil penilaian GCG yang dilakukan secara                     Based on the results of the independent GCG assessment
   mandiri (self-assessment), Perseroan memperoleh skor                      (self-assessment), the Company obtained a composite
   komposit 1, yang mencerminkan kategori “Sangat Baik”.                     score of 1, which reflects the “Very Good” category. The
   Berikut ini adalah ringkasan hasil penilaian GCG Perseroan                following is a summary of the Company’s GCG assessment
   untuk tahun 2025:                                                         results for 2025:


                                                                                      Jumlah
                                                               Jumlah Nilai         Pernyataan/
                            Parameter/Indikator                  Indikator          Pertanyaan        Bobot           Nilai Faktor
     No.
                            Parameter/Indicator                 Number of            Number of        Weight          Factor Value
                                                             Indicator Values       Statements/
                                                                                     Questions

    1.      Pelaksanaan tugas dan wewenang                         90                        18        5,00                5
            pemegang saham dan RUPS
            Implementation of the duties and
            authorities of shareholders and the General
            Meeting of Shareholders

    2.      Pelaksanaan tugas, tanggung jawab, dan                295                    59            15,00              15
            wewenang Direksi
            Implementation of duties, responsibilities,
            and authorities of the Board of Directors

    3.      Pelaksanaan tugas, tanggung jawab, dan                284                    57            10,00             9,96
            wewenang Dewan Komisaris
            Implementation of duties, responsibilities,
            and authority of the Board of
            Commissioners

    4.      Pelaksanaan tugas, tanggung jawab, dan                 185                       37        12,00              12
            wewenang DPS
            Implementation of duties, responsibilities,
            and authorities of the Sharia Supervisory
            Board (SSB/DPS)

    5.      Kelengkapan dan pelaksanaan tugas                      119                   24            4,00              3,97
            komite
            Comprehensiveness and implementation
            of committee duties

    6.      Penerapan manajemen risiko                             105                       21        8,00                8
            Risk management implementation

    7.      Penerapan strategi anti-fraud                          40                        8         4,00                4
            Implementation of anti-fraud strategies

    8.      Penerapan fungsi kepatuhan                             85                        17        9,00                9
            Implementation of compliance functions

    9.      Penerapan fungsi audit internal dan audit              110                   22            4,00                4
            eksternal
            Implementation of internal and external
            audit functions


    10.     Penerapan benturan kepentingan                         25                        5         6,00                6
            Application of the conflict of interest

    11.     Penerapan kebijakan remunerasi                         49                        10        2,50              2,45
            Implementation of remuneration policy




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                                                                                    Jumlah
                                                             Jumlah Nilai         Pernyataan/
                     Parameter/Indikator                       Indikator          Pertanyaan                Bobot          Nilai Faktor
    No.
                     Parameter/Indicator                      Number of            Number of                Weight         Factor Value
                                                           Indicator Values       Statements/
                                                                                   Questions

    12.   Keterbukaan informasi                                 225                    45                   8,00                 8
          Information disclosure

    13.   Etika bisnis                                           25                     5                   2,50                2,50
          Business ethics

    14.   Kebijakan pembiayaan                                   75                    15                   5,00                 5
          Financing policy

    15.   Penerapan keuangan berkelanjutan,                      28                     6                   2,50                2,30
          termasuk penerapan tanggung jawab
          sosial dan lingkungan

          Implementation of sustainable finance,
          including the implementation of social and
          environmental responsibility

    16.   Rencana bisnis                                         50                    10                   2,50                 10
          Business plan

          Nilai Tata Kelola                                                                                                    99,93
          Governance Score

          Peringkat Tata Kelola                                                                                                   1
          Governance Rating



E. Kesimpulan Akhir                                                     E. Final Conclusion

   Mencerminkan manajemen Perseroan telah melakukan                           Reflecting the Company’s management, the implementation
   penerapan tata kelola perusahaan yang secara umum                          of corporate governance is generally very good. This is
   sangat baik. Hal ini tercermin dari pemenuhan yang sangat                  reflected in the adequate fulfillment of good corporate
   memadai atas prinsip tata kelola perusahaan yang baik.                     governance principles. If there are weaknesses in the
   Dalam hal terdapat kelemahan dalam penerapan prinsip                       implementation of good corporate governance principles,
   tata kelola perusahaan yang baik maka secara umum                          these weaknesses are generally insignificant and can be
   kelemahan tersebut tidak signifikan dan dapat segera                       immediately corrected by the Company’s management.
   dilakukan perbaikan oleh manajemen Perseroan.

   Faktor Positif                                                             Positive Factors
   Berisikan rangkuman faktor positif dari faktor penerapan                   Contains a summary of the positive factors of the
   kebijakan remunerasi yang memberikan dampak signifikan                     implementation of remuneration policies that have a
   terhadap penerapan tata kelola.                                            significant impact on the implementation of governance.

   a. Struktur                                                                a. Structure
      Kekuatan aspek governance structure Perusahaan                             The strength of the Company’s governance structure
      tercermin dari tersusunnya infrastruktur tata kelola                       is reflected in the establishment of a complete and
      yang lengkap dan terintegrasi dalam struktur organisasi,                   integrated governance infrastructure within the
      keberadaan pedoman kerja yang komprehensif,                                organizational structure, the existence of comprehensive
      fasilitas pengembangan kompetensi, serta kebijakan                         work guidelines, competency development facilities,
      pendukung lainnya yang mendorong penerapan tata                            and other supporting policies that encourage the
                                                                                 implementation of good governance. Furthermore,




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      kelola yang baik. Selain itu, sistem pengendalian                  the internal control system has been implemented by
      internal telah dijalankan oleh unit-unit yang terpisah             separate and independent units, namely the Compliance,
      dan independen, yaitu unit Kepatuhan, Audit Internal,              Internal Audit, and Risk Management units, thereby
      dan Manajemen Risiko, sehingga menjamin objektivitas               ensuring objectivity and effectiveness of supervision.
      dan efektivitas pengawasan.

 b. Proses                                                          b. Process
    Kekuatan aspek governance process terlihat dari                    The strength of the governance process aspect is
    pelaksanaan tugas dan tanggung jawab seluruh organ                 evident from the implementation of the duties and
    Perusahaan yang berjalan selaras dengan pedoman                    responsibilities of all Company governing bodies
    kerja serta ketentuan peraturan perundang-undangan.                in accordance with work guidelines and statutory
    Fungsi pengurusan oleh Direksi dan pengawasan oleh                 provisions. The management functions of the Board
    Dewan Komisaris telah dilakukan secara konsisten                   of Directors and the supervisory functions of the
    dan efektif dalam mendukung kelangsungan                           Board of Commissioners have been performed
    operasional Perusahaan.                                            consistently and effectively in supporting the Company’s
                                                                       operational continuity.

 c. Hasil                                                           c. Results
    Kekuatan aspek governance outcome tercermin dari                   The strength of the governance outcome aspect is
    hasil nyata atas pelaksanaan tugas dan tanggung jawab              reflected in the tangible results of the implementation
    oleh seluruh organ Perusahaan yang menghasilkan                    of duties and responsibilities by all governing bodies
    output positif dan mendukung terciptanya praktik bisnis            of the Company, which have produced positive outputs
    yang sehat serta lingkungan kerja yang kondusif. Hal ini           and supported the creation of sound business practices
    turut menunjang kinerja Perusahaan secara menyeluruh.              and a conducive work environment. This also supports
                                                                       the Company’s overall performance.

 Faktor Negatif                                                     Negative Factors
 Berisikan rangkuman faktor negatif dari faktor penerapan           Contains a summary of negative factors in the implementation
 kebijakan remunerasi yang memberikan dampak signifikan             of remuneration policies that have a significant impact on
 terhadap penerapan tata kelola.                                    the implementation of governance.

 a. Struktur                                                        a. Structure
    Berdasarkan hasil evaluasi, tidak terdapat temuan                  Based on the evaluation results, there were no
    signifikan yang menunjukkan kelemahan struktural                   significant findings indicating structural weaknesses
    dalam penerapan tata kelola perusahaan. Namun                      in the implementation of corporate governance.
    demikian, beberapa hal masih dalam tahap penyesuaian               However, several aspects are still being adjusted to
    untuk sepenuhnya mengakomodasi ketentuan terbaru                   fully accommodate the latest provisions as stipulated
    sebagaimana diatur dalam POJK 48/2024.                             in POJK 48/2024.

 b. Proses                                                          b. Process
    Dalam aspek proses, tidak ditemukan hambatan                       In terms of process, no material obstacles were found
    material yang berdampak negatif terhadap konsistensi               that had a negative impact on the consistency of
    penerapan tata kelola.                                             governance implementation.

 c. Hasil                                                           c. Results
    Dari sisi hasil, penerapan tata kelola telah selaras               In terms of results, governance implementation has been
    dengan kinerja serta strategi jangka panjang Perseroan.            consistent with the Company’s performance and long-
    Tidak terdapat indikasi dampak negatif yang signifikan             term strategy. There are no indications of a significant
    terhadap keseimbangan dan keberlanjutan usaha.                     negative impact on business balance and sustainability.




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Rapat Umum
Pemegang Saham (“RUPS”)
General Meeting of Shareholders ("GMS")



Rapat Umum Pemegang Saham (RUPS) merupakan Organ                                The General Meeting of Shareholders (GMS) is the highest body
tertinggi di dalam struktur tata kelola perusahaan yang                         in the corporate governance structure that has all the authority
memiliki seluruh kewenangan yang tidak dapat didelegasikan                      that cannot be delegated to the Board of Directors or the Board
kepada Direksi maupun Dewan Komisaris, sesuai ketentuan                         of Commissioners, in accordance with the provisions of the Law
Undang-Undang dan Anggaran Dasar. Melalui RUPS, para                            and the Articles of Association. Through the GMS, shareholders
pemegang saham menjalankan hak dan kewenangannya untuk                          exercise their rights and authority to make strategic decisions
mengambil keputusan strategis secara musyawarah, wajar,                         through deliberation, fairness, and transparency. Once a
dan transparan. Setelah keputusan ditetapkan, pelaksanaan                       decision has been made, its implementation and supervision
dan pengawasan diserahkan kepada Dewan Komisaris dan                            are delegated to the Board of Commissioners and the Board
Direksi, tanpa mengurangi kewenangan RUPS sebagaimana                           of Directors, without prejudice to the authority of the General
diatur dalam peraturan perundang-undangan dan Anggaran                          Meeting of Shareholders as stipulated in the laws and
Dasar Perseroan.                                                                regulations and the Company’s Articles of Association.

Penyelenggaraan RUPS di Perseroan mengacu pada ketentuan                        The implementation of the GMS in the Company refers to
Undang-Undang No. 40 Tahun 2007 tentang Perseroan                               the provisions of Law No. 40 of 2007 concerning Limited
Terbatas, Peraturan Otoritas Jasa Keuangan (POJK) tentang                       Liability Companies, Financial Services Authority Regulations
Penyelenggaraan RUPS, dan Anggaran Dasar Perseroan.                             (POJK) concerning the Implementation of the GMS, and the
Perseroan melaksanakan RUPS Tahunan (RUPST) 1 (satu)                            Company’s Articles of Association. The Company holds an
kali setiap tahun dan RUPS Luar Biasa (RUPSLB) yang dapat                       Annual General Meeting of Shareholders (AGMS) once a year
diselenggarakan sewaktu-waktu berdasarkan kebutuhan.                            and an Extraordinary General Meeting of Shareholders (EGMS)
                                                                                which can be held at any time based on necessity.

Wewenang RUPS
Authority of the GMS


Kewenangan RUPS Perusahaan sesuai Undang-Undang No.                             The authority of the Company’s GMS in accordance with Law
40 tahun 2007 Pasal 41, 44, dan 94 serta Anggaran Dasar                         No. 40 of 2007 Articles 41, 44, and 94 as well as the Company’s
Perusahaan menjelaskan wewenang yang dimiliki RUPS yang                         Articles of Association explains the authority of the GMS that
tidak diberikan kepada Dewan Komisaris dan Direksi, antara lain:                is not given to the Board of Commissioners and the Board of
                                                                                Directors, including:
1. Mengangkat dan memberhentikan anggota Dewan                                  1. Appointing and dismissing members of the Board of
   Komisaris dan Direksi;                                                           Commissioners and Board of Directors;
2. Penambahan Modal Perusahaan. Penambahan modal                                2. Capital Increase of the Company. The capital increase
   sebagaimana dimaksud wajib diberitahukan kepada Menteri                          referred to above must be notified to the Minister to be
   untuk dicatat dalam daftar Perusahaan;                                           recorded in the Company register;
3. Memutuskan besaran gaji dan tunjangan anggota Direksi;                       3. Determining the amount of salaries and allowances for
                                                                                    members of the Board of Directors;
4. Menyetujui pengajuan Direksi dalam mengalihkan kekayaan                      4. Approving the Board of Directors’ proposal to transfer the
   Perusahaan atau menjadikan jaminan utang kekayaan                                Company’s assets or use the Company’s assets as collateral
   Perusahaan yang merupakan lebih dari 50% jumlah                                  for debts that exceed 50% of the Company’s net assets;
   kekayaan bersih Perusahaan;
5. Menyetujui dapat atau tidaknya Direksi mengajukan                            5. Approving whether or not the Board of Directors may file
   permohonan pailit atas Perusahaan, dan penetapan                                for bankruptcy on behalf of the Company, and determining
   perubahan Anggaran Dasar;                                                       amendments to the Articles of Association;
6. Pe m e r i k s a a n , p e r s e t u j u a n , d a n p e n g e s a h a n     6. Review, approval, and ratification of the Annual Report.
   Laporan Tahunan.


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   Performance Highlights          Management Report                Company Profile




Pemegang Saham
Shareholders

Informasi Pemegang Saham Utama dan/atau                              Information on Majority and/or Controlling Shareholders,
Pengendali Termasuk Beneficial Owner                                 Including Beneficial Owners
Pemegang saham utama didefinisikan sebagai pihak yang                Majority shareholders are defined as parties who directly or
baik secara langsung maupun tidak langsung memiliki paling           indirectly own at least 20% (twenty percent) of the voting rights
sedikit 20% (dua puluh persen) hak suara dari seluruh saham          of all shares issued by the company, or a lower percentage
yang diterbitkan oleh perusahaan, atau persentase lebih              in accordance with OJK provisions. Meanwhile, a controlling
rendah sesuai ketentuan OJK. Sedangkan pemegang saham                shareholder is a party that directly or indirectly owns more than
pengendali adalah pihak yang secara langsung maupun                  50% (fifty percent) of shares with fully paid-up voting rights and/
tidak langsung memiliki lebih dari 50% (lima puluh persen)           or has the ability to determine all policies and management
saham dengan hak suara yang telah disetor penuh dan/atau             of the company.
memiliki kemampuan untuk menentukan seluruh kebijakan
dan pengelolaan perusahaan.

Berdasarkan pengertian tersebut, PT Astra International Tbk          Based on these definitions, PT Astra International Tbk is the
berperan sebagai pemegang saham utama dan pengendali                 majority and controlling shareholder of the Company, with a
Perseroan dengan total kepemilikan mencapai 99,99996%                total ownership of 99.99996%, while PT Arya Kharisma is a
dan PT Arya Kharisma merupakan pemegang saham non-                   non-controlling shareholder with an ownership of 0.00004%.
pengendali dengan kepemilikan 0,00004%.

Per 31 Desember 2025, komposisi pemegang saham Perseroan             As of December 31, 2025, the composition of the Company’s
adalah sebagai berikut:                                              shareholders is as follows:


                                                                        Modal Ditempatkan dan
                                                                                                          Persentase Kepemilikan
    Nama Pemegang Saham              Jumlah Saham (Lembar)               Disetor Penuh (Rp juta)
                                                                                                           Ownership Percentage
     Name of Shareholder             Number of Shares (Share)         Issued and Fully Paid Capital
                                                                                                                    (%)
                                                                               (Rp million)

 Kepemilikan Saham Lebih dari 5%
 Share Ownership of More than 5%

 PT Astra International Tbk               279.999.900                       279.999.900.000                      99,99996

 PT Arya Kharisma                              100                               100.000                          0,00004

 Kepemilikan Saham oleh Masyarakat (Masing-Masing Kurang dari 5%)
 Public Share Ownership (Each Less than 5%)

 Masyarakat                                     -                                       -                             -
 (Masing-masing di bawah 5%)
 Public (Each below 5%)

 Jumlah                                   280.000.000                       280.000.000.000                     100,00000
 Total


Perseroan telah melakukan pemenuhan terhadap Peraturan               The Company has complied with Presidential Regulation of
Presiden Republik Indonesia Nomor 13 tahun 2018 tentang              the Republic of Indonesia Number 13 of 2018 concerning the
Penerapan Prinsip Mengenai Pemilik Manfaat Dari Korporasi            application of the Know-Your-Beneficial-Owner Principle by
Dalam Rangka Pencegahan dan Pemberantasan Tindak Pidana              Corporations for the Prevention and Eradication of the Criminal
Pencucian Uang dan Tindak Pidana Terorisme (“Perpres No.             Acts of Money Laundering and Terrorism Financing (“Presidential
13/2018”) dengan telah disampaikannya informasi mengenai             Regulation No. 13/2018”) by submitting information regarding
pemilik manfaat Perseroan pada tanggal 26 Agustus 2025               the Company’s beneficial owners on August 26, 2025 to the
kepada Kementerian Hukum Republik Indonesia, Direktorat              Ministry of Law of the Republic of Indonesia, Directorate General
Jenderal Administrasi Hukum Umum, yang dilakukan melalui             of General Legal Administration, through Esther Pascalia Ery




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                             Tinjauan Pendukung Bisnis                Analisa dan Pembahasan Manajemen           Tata Kelola Perusahaan
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Esther Pascalia Ery Jovina, S.H., Mkn., Notaris di Jakarta              Jovina, S.H., Mkn., Notary in Jakarta (hereinafter referred to
(selanjutnya disebut “Laporan Notaris”). Dalam Laporan Notaris          as the “Notary Report”). The Notary Report states that the
dinyatakan bahwa pemilik manfaat Perseroan adalah seluruh               Company’s beneficial owners are all members of the Astra
anggota Direksi Astra.                                                  Board of Directors.

Hak-Hak Pemegang Saham                                                  Shareholders’ Rights
Perseroan memberikan jaminan perlindungan terhadap hak                  The Company provides guarantees to protect shareholders’
pemegang saham dengan tujuan mendorong partisipasi aktif                rights, with the aim of encouraging active participation by
serta peran pemegang saham atau investor dalam berbagai                 shareholders or investors in the Company’s various programs
program dan kegiatan yang diselenggarakan Perseroan.                    and activities.

Perlakuan Adil terhadap Pemegang Saham                                  Fair Treatment of Shareholders
Perseroan menjunjung tinggi prinsip kesetaraan dan perlakuan            The Company upholds the principles of equality and fair
yang adil bagi seluruh pemegang saham, termasuk memberikan              treatment for all shareholders, including protecting the rights
perlindungan terhadap hak pemegang saham non-pengendali                 of non-controlling shareholders in every strategic decision-
dalam setiap pengambilan keputusan strategis selama                     making process during the GMS. As a manifestation of this
penyelenggaraan RUPS. Sebagai perwujudan atas komitmen                  commitment, the Company ensures that all shareholders are
tersebut, Perseroan memastikan semua pemegang saham                     treated equally and are free to communicate or consult with
diperlakukan setara dan bebas untuk berkomunikasi atau                  other shareholders.
berkonsultasi dengan pemegang saham lainnya.


Akses Informasi kepada Pemegang Saham
Access to Information for Shareholders


Perseroan memastikan seluruh pemegang saham memiliki                    The Company ensures that all shareholders, including
akses informasi yang transparan, akurat, dan tepat waktu,               non-controlling shareholders, have access to transparent,
termasuk pemegang saham non-pengendali, melalui berbagai                accurate, and timely information through the Company’s official
kanal komunikasi resmi yang disediakan Perseroan. Adapun                communication channels. The information access provided by
akses informasi yang disediakan Perseroan meliputi:                     the Company includes:


 Tabel Akses Informasi kepada Pemegang Saham
 Table of Access to Information for Shareholders


                                                                                Keterangan
             Media
                                                                                Information

 RUPS                        Media penyampaian laporan dan informasi yang memungkinkan pemegang saham dapat berpartisipasi
 GMS                         dalam pengambilan keputusan.
                             A channel for reporting and information that enables shareholders to participate in decision-making.

 Situs Web                   Perseroan: https://fifgroup.co.id/
 Website                     IDX: www.idx.co.id (ticker code: FIFA)
                             Company: https://fifgroup.co.id/
                             IDX: www.idx.co.id (ticker code: FIFA)

 Media Cetak                 Media cetak berupa surat kabar atau koran berskala nasional.
 Print Media                 Print media in the form of national newspapers.

 Media Sosial
 Social Media                Facebook                     Instagram   TikTok          X               YouTube
                             FIFCLUB FIFCLUB              FIFCLUB     FIFCLUB         FIFCLUB         FIFCLUB




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   Performance Highlights          Management Report              Company Profile




Kemudahan pemegang saham dalam mengakses berbagai                  The ease with which shareholders can access these various
kanal komunikasi tersebut memungkinkan mereka dalam                communication channels enables them to exercise their rights
menjalankan hak dan kewajiban secara efektif, sekaligus            and fulfill their obligations effectively, while also supporting
mendukung pengambilan keputusan yang transparan,                   transparent, informative, and accountable decision-making.
informatif, dan akuntabel.


Ketentuan Penyelenggaraan RUPS
Provisions on the Conduct of General Meetings of Shareholders


Jenis-Jenis RUPS Perseroan                                         Types of GMS of the Company
Berdasarkan ketentuan Anggaran Dasar Perseroan, Perseroan          Based on the provisions of the Company’s Articles of
menyelenggarakan 2 (dua) jenis RUPS, yaitu:                        Association, the Company holds two (2) types of GMS, namely:
1. RUPS Tahunan (RUPST): Dilaksanakan paling lambat 6              1. Annual General Meeting of Shareholders (AGMS): Held
   (enam) bulan setelah berakhirnya tahun buku.                       no later than 6 (six) months after the end of the fiscal year.
2. RUPS Luar Biasa (RUPSLB): Dapat diselenggarakan sewaktu-        2. Extraordinary General Meeting of Shareholders (EGMS):
   waktu sesuai kebutuhan Direksi, Dewan Komisaris, atau              May be held at any time as deemed necessary by the Board
   Pemegang Saham untuk membahas hal-hal yang tidak                   of Directors, Board of Commissioners, or Shareholders to
   ditetapkan dalam RUPS Tahunan.                                     discuss matters not covered in the Annual General Meeting
                                                                      of Shareholders.

Tata Cara Pelaksanaan RUPS Perseroan                               Procedures for Holding the Company’s GMS
Tata cara penyelenggaraan RUPS Perseroan mengikuti                 The procedures for holding the Company’s GMS follow the
ketentuan Undang-Undang Republik Indonesia No. 40 Tahun            provisions of Law of the Republic of Indonesia No. 40 of 2007
2007 tentang Perseroan Terbatas dan Anggaran Dasar                 concerning Limited Liability Companies and the Company’s
Perseroan, dengan rincian sebagai berikut:                         Articles of Association, with the following details:
1. RUPS diadakan di tempat kedudukan Perseroan atau di             1. The GMS shall be held at the Company’s domicile or at the
   tempat Perseroan melakukan kegiatan usahanya yang                   location where the Company conducts its main business
   utama, yang terletak di wilayah Republik Indonesia;                 activities, which is located within the territory of the Republic
                                                                       of Indonesia;
2. Penyelenggaraan RUPS Tahunan dan RUPSLB oleh                    2. The Annual GMS and EGMS shall be held by the Board
   Direksi dengan didahului pemanggilan RUPS. Direksi wajib            of Directors, preceded by a GMS invitation. The Board of
   melakukan pemanggilan RUPS dalam jangka waktu 14                    Directors shall issue a GMS invitation within 14 days from
   hari terhitung sejak tanggal permintaan penyelenggaraan             the date of receipt of the request to hold the GMS;
   RUPS diterima;
3. Pelaksanaan RUPS dapat pula dilaksanakan atas permintaan:       3. The GMS may also be held at the request of:
   a. Seorang atau lebih Pemegang Saham yang mewakili                 a. One or more Shareholders representing 1/10 (one tenth)
       1/10 (satu per sepuluh) bagian dari jumlah seluruh saham          of the total number of shares issued by the Company
       yang telah dikeluarkan Perseroan dengan hak suara                 with valid voting rights.
       yang sah.
   b. Dewan Komisaris.                                                b. The Board of Commissioners.
4. Semua keputusan yang diambil di RUPS berdasarkan                4. All decisions/resolutions made at the GMS are based on
   musyawarah untuk mufakat;                                          deliberation to reach consensus;
5. Hasil keputusan Pemegang Saham didokumentasikan                 5. The results of the Shareholders’ decisions are documented
   oleh Sekretaris Perusahaan dan ditindaklanjuti dalam               by the Corporate Secretary and followed up in the form
   bentuk Akta Notaris apabila diperlukan sesuai peraturan            of a Notarial Deed if necessary in accordance with
   yang berlaku.                                                      applicable regulations.




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Pada tahun 2025, Perseroan telah melaksanakan RUPST untuk                       In 2025, the Company held an AGMS for the 2024 fiscal year
tahun buku 2024 dengan seluruh tahapan pemberitahuan,                           with all stages of notification, announcement, and invitation to
pengumuman, dan pemanggilan RUPS dilaksanakan sesuai                            the GMS carried out in accordance with applicable regulations,
ketentuan yang berlaku, sebagaimana dijelaskan berikut:                         as follows:


                                                    Tanggal           Pengumuman kepada             Pemanggilan Pemegang           Publikasi Hasil dan
                                                 Pemberitahuan         Pemegang Saham                       Saham                  Keputusan RUPST
                        Waktu dan Tempat                                Announcement to                Invitation to the
       RUPS                                       Kepada OJK                                                                          Tahun 2025
                         Time and Place                                   Shareholders                  Shareholders
       GMS                                          Date of                                                                           Publication of
                                                 Notification to      Tanggal         Melalui        Tanggal         Melalui        the 2025 AGMS
                                                      OJK              Date            Via            Date            Via              Resolutions

 RUPS Tahunan          Waktu: 21 April 2025         28 Maret         28 Maret         Surat         28 Maret         Surat        Hasil Keputusan
 (RUPST) 2025                                        2025             2025          Undangan         2025          Undangan       RUPST Tahun 2025
 untuk tahun buku       Tempat: Menara FIF,         March 28,        March 28,      Invitation      March 28,      Invitation     dipublikasikan
 2024                    Jl. TB Simatupang           2025             2025            Letter         2025            Letter       melalui situs web
                        Kav.15, Lebak Bulus,                                                                                      Perseroan: https://
 2025 Annual              Jakarta Selatan                                                                                         www.fifgroup.co.id/
 General Meeting                                                                                                                  hubungan-investor
 of Shareholders        Time: April 21, 2025
 (AGMS) for the                                                                                                                   The resolutions of
 2024 fiscal year       Location: FIF Tower,                                                                                      the 2025 AGMS are
                         Jl. TB Simatupang                                                                                        published on the
                        Kav.15, Lebak Bulus,                                                                                      Company's website:
                            South Jakarta                                                                                         https://www.fifgroup.
                                                                                                                                  co.id/hubungan-
                                                                                                                                  investor


Catatan:
Pemberitahuan tentang RUPS terbaru sepenuhnya diterjemahkan ke dalam Bahasa Inggris dan diterbitkan pada tanggal yang sama dengan versi Bahasa
Indonesia. Dokumen surat kuasa juga tersedia dengan mudah bagi pemegang saham yang dapat diakses di situs web Perseroan dan juga tersedia di
lokasi penyelenggaraan RUPS.

Note:
The latest GMS notice has been fully translated into English and published on the same date as the Indonesian version. Proxy forms are also available to
shareholders on the Company’s website and at the location of the General Meeting of Shareholders (GMS).


Perseroan menyampaikan daftar riwayat hidup (curriculum                         The Company shall submit the curriculum vitae of the
vitae) calon anggota Dewan Komisaris dan/atau Direksi yang                      candidates for the Board of Commissioners and/or Board of
diusulkan untuk diangkat melalui RUPS. Informasi ini disediakan                 Directors proposed for appointment through the GMS. This
dan diumumkan sebelum pengambilan keputusan terkait                             information is provided and announced prior to the decision on
pengangkatan calon anggota tersebut. Seluruh informasi                          the appointment of the candidates. All information regarding
mengenai tahapan pelaksanaan RUPS Perseroan dapat diakses                       the stages of the Company’s GMS can be accessed via the
melalui situs web: https://www.fifgroup.co.id/hubungan-investor.                website: https://www.fifgroup.co.id/hubungan-investor.


Penyelenggaraan RUPS Tahunan (RUPST) 2025 untuk Tahun Buku 2024
The 2025 Annual General Meeting of Shareholders (AGMS) for the 2024 Fiscal Year


Pada tahun 2025, Perseroan telah melaksanakan 1 (satu) kali                     In 2025, the Company held 1 (one) AGMS with the
RUPST dengan informasi sebagai berikut:                                         following information:


 Hari/Tanggal        Senin, 21 April 2025                                        Day/Date           Monday, April 21, 2025

 Tempat              Menara FIF, Board Room Lt. 16                               Venue              FIF Tower, Board Room, 16th Floor
                     Jl. T.B. Simatupang Kav.15, Cilandak, Jakarta                                  Jl. T.B. Simatupang Kav.15, Cilandak, South
                     Selatan                                                                        Jakarta




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   Performance Highlights             Management Report                Company Profile




Hasil keputusan RUPST Tahun 2025 telah dituangkan dalam                 The resolutions of the 2025 AGMS have been recorded in
Akta Pernyataan Keputusan Rapat No.12 tanggal 9 Mei 2025 dan            the Deed of Meeting Resolution No. 12 dated May 9, 2025,
Akta Pernyataan Keputusan Rapat No.13 tanggal 13 Mei 2025.              and Deed of Meeting Resolution No. 13 dated May 13, 2025.

 Agenda dan Keputusan RUPS Tahunan 2025 (Tahun Buku 2024) dan Realisasi
 Agenda and Resolution of the 2025 Annual General Meeting of Shareholders (Fiscal Year 2024) and Its Realization




   II          Mata Acara Rapat Pertama | First Meeting Agenda


 Persetujuan Laporan Tahunan Perseroan untuk Tahun Buku 2024, termasuk Pengesahan Laporan Tugas Pengawasan Dewan Komisaris, dan
 Pengesahan Laporan Keuangan Perseroan untuk Tahun Buku 2024.
 Approval of the Company's Annual Report for the 2024 Fiscal Year, including the Approval of the Board of Commissioners' Supervisory Report,
 and the Approval of the Company's Financial Statements for the 2024 Fiscal Year.

 Keputusan                   1. Menyetujui laporan kegiatan usaha Perseroan, hasil yang dicapai, pelaksanaan tanggung jawab sosial dan
 Resolutions                    lingkungan, serta rincian masalah yang timbul selama tahun buku 2024 yang memengaruhi kegiatan usaha
                                Perseroan sebagaimana diuraikan dalam Laporan Tahunan Perseroan untuk tahun buku 2024 (“Laporan
                                Tahunan 2024”), termasuk mengesahkan Laporan Tugas Pengawasan Dewan Komisaris Perseroan yang
                                tercantum dalam Laporan Tahunan 2024; dan
                             2. Mengesahkan Laporan Keuangan 2024 yang terdiri dari laporan posisi keuangan akhir tahun buku 2024
                                dalam perbandingan dengan tahun buku 2023, laporan arus kas dan perubahan ekuitas serta penjelasan atas
                                laporan tersebut yang telah diaudit oleh Kantor Akuntan Publik Rintis, Jumadi, Rianto & Rekan, sebagaimana
                                dimuat dalam laporan mereka tanggal 20 Februari 2025 dengan pendapat wajar dalam semua hal yang
                                material (“Laporan Keuangan 2024”).

                             1. To approve the Company's business activity report, the results achieved, the implementation of social
                                and environmental responsibilitiesas well as details of issues during the 2024 fiscal year that affected the
                                Company's business activities as described in the Company's Annual Report for the 2024 fiscal year (the
                                "2024 Annual Report"), including approving the Board of Commissioners' Supervisory Report contained in
                                the 2024 Annual Report; and
                             2. To approve the 2024 Financial Statements consisting of the statement of financial position at the end of the
                                2024 fiscal year in comparison with the 2023 fiscal year, the statement of cash flows and changes in equity,
                                and the explanatory notes to the statements, which have been audited by the Public Accounting Firm Rintis,
                                Jumadi, Rianto & Rekan, as contained in their report dated February 20, 2025, with an unqualified opinion
                                in all material respects ("2024 Financial Statements").

 Hasil Pemungutan Suara      Setuju: 100%
 Voting Results              Approved: 100%

                             Abstain: 0%
                             Abstain: 0%

                             Tidak setuju: 0%
                             Disagree: 0%

 Tahun Realisasi             Telah direalisasikan pada tahun 2025 sesuai Akta Pernyataan Keputusan Rapat No. 13 tanggal 9 Mei 2025.
 Year of Realization         Has been realized in 2025 in accordance with Deed of Meeting Resolution No. 13 dated May 9, 2025.




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  II          Mata Acara Rapat Kedua | Second Meeting Agenda


Penetapan Penggunaan Laba Bersih Perseroan Penetapan Penggunaan Laba Bersih Perseroan Tahun Buku 2024.
Determination of the Use of the Company's Net Income for the 2024 Fiscal Year.

Keputusan                Menetapkan penggunaan laba bersih Perseroan untuk tahun buku 2024 sebagai berikut:
Resolutions              1. menyisihkan sebesar Rp1.000.000.000,00 (satu miliar Rupiah) dari laba bersih sebagai dana
                            cadangan Perseroan;

                         2. a. membagikan dividen tunai untuk tahun buku 2024, setelah dikurangi penyisihan untuk cadangan,
                                senilai Rp2.207.800.000.000,00 (dua triliun dua ratus tujuh miliar delapan ratus juta Rupiah) kepada
                                para pemegang saham Perseroan dengan rincian sebagai berikut :
                               i. sebesar Rp727.160.000.000,00 (tujuh ratus dua puluh tujuh miliar seratus enam puluh juta Rupiah)
                                    telah dibagikan sebagai dividen interim pada tanggal 24 Oktober 2024 (24-10-2024) berdasarkan
                                    Keputusan Direksi PT Federal International Finance No.: KepDir-FIF/006/X/2024 tanggal 9 Oktober
                                    2024 (09-10-2024) dan telah memperoleh Persetujuan Dewan Komisaris Perseroan berdasarkan
                                    Keputusan Sirkuler Dewan Komisaris PT Federal International Finance No.: L.Leg/SPDK-016/
                                    FIF/2024 tanggal 9 Oktober 2024 (09-10-2024), dengan rincian sebagai berikut:

                                     •   PT Astra International Tbk: Rp727.159.740.300,00
                                     •   PT Arya Kharisma:           Rp259.700,00         +
                                         Total:                      Rp727.160.000.000,00

                               ii.   sebesar Rp1.480.640.000.000,00 (satu triliun empat ratus delapan puluh miliar enam ratus empat
                                     puluh juta Rupiah) dibagikan sebagai dividen final kepada para pemegang saham Perseroan
                                     dengan rincian sebagai berikut:
                                     • PT Astra International Tbk: Rp1.480.639.471.200,00
                                     • PT Arya Kharisma:             Rp528.800,00            +
                                         Total:                      Rp1.480.640.000.000,00

                                     yang akan dibayarkan oleh Perseroan melalui transfer ke rekening bank kepada masing-masing
                                     pemegang saham selambat-lambatnya pada tanggal 28 Mei 2025 (28-05-2025) dengan
                                     memperhatikan ketentuan perpajakan yang berlaku.

                         2. b. memberikan wewenang kepada Direksi Perseroan untuk melaksanakan pembagian dividen final
                                tersebut dan untuk melakukan semua tindakan yang diperlukan. Pembayaran dividen akan dilakukan
                                dengan memperhatikan ketentuan perpajakan yang berlaku.
                         3. sisanya sebesar Rp2.206.734.551.691,00 (dua triliun dua ratus enam miliar tujuh ratus tiga puluh empat
                            juta lima ratus lima puluh satu ribu enam ratus sembilan puluh satu Rupiah) seluruhnya dibukukan sebagai
                            laba ditahan.




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                              Approve the appropriation of the Company’s net profit for the 2024 fiscal year as follows:
                              1. To set aside Rp1,000,000,000.00 (one billion Rupiah) from the net profit as the Company’s reserve fund;

                              2. a. To distribute a cash dividend for the 2024 fiscal year, after deduction of the reserve fund, amounting to
                                     IDR 2,207,800,000,000.00 (two trillion two hundred seven billion eight hundred million Rupiah) to the
                                     Company’s shareholders with the following details:
                                    i. an amount of Rp727,160,000,000.00 (seven hundred twenty-seven billion one hundred sixty million
                                         Rupiah) has been distributed as an interim dividend on October 24, 2024 (24-10-2024) based on
                                         the Board of Directors of PT Federal International Finance Decision No.: KepDir-FIF/006/X/2024
                                         dated October 9, 2024 (09-10-2024) and has obtained the approval of the Company’s Board of
                                         Commissioners based on the Circular Resolution of the Board of Commissioners of PT Federal
                                         International Finance No.: L.Leg/SPDK-016/FIF/2024 dated October 9, 2024 (09-10-2024), with the
                                         following details:

                                           •   PT Astra International Tbk: Rp727.159.740.300,00
                                           •   PT Arya Kharisma:           Rp259.700,00         +
                                               Total:                      Rp727.160.000.000,00

                                    ii.    an amount of Rp1,480,640,000,000.00 (one trillion four hundred eighty billion six hundred forty
                                           million Rupiah) to be distributed as a final dividend to the Company’s shareholders with the
                                           following details:
                                           • PT Astra International Tbk: Rp1.480.639.471.200,00
                                           • PT Arya Kharisma:               Rp528.800,00              +
                                                Total:                       Rp1.480.640.000.000,00

                                           which will be paid by the Company via bank transfer to each shareholder no later than May 28,
                                           2025 (28-05-2025), subject to applicable tax regulations.

                              2. b. to authorize the Board of Directors of the Company to execute the final dividend distribution and
                                     to take all necessary actions. Dividend payments will be carried out in accordance with applicable
                                     tax regulations.
                              3. the remaining balance of Rp2,206,734,551,691.00 (two trillion two hundred six billion seven hundred
                                 thirty-four million five hundred fifty-one thousand six hundred ninety-one Rupiah) shall be recorded as
                                 retained earnings.

 Hasil Pemungutan Suara       Setuju: 100%
 Voting Results               Approved: 100%

                              Abstain: 0%
                              Abstain: 0%

                              Tidak setuju: 0%
                              Disagree: 0%

 Tahun Realisasi              Telah direalisasikan pada tahun 2025 sesuai Akta Pernyataan Keputusan Rapat No. 13 tanggal 9 Mei 2025.
 Year of Realization          Has been realized in 2025 in accordance with Deed of Meeting Resolution No. 13 dated May 9, 2025.




  III         Mata Acara Rapat Ketiga | Third Meeting Agenda


 Pengangkatan Anggota Direksi dan Dewan Komisaris Perseroan, Pemberian Wewenang dan Kuasa kepada Presiden Direktur Perseroan untuk
 Menetapkan Pembagian Tugas dan Wewenang Anggota Direksi Perseroan, Penetapan Gaji dan Tunjangan Anggota Direksi Perseroan dan
 Gaji atau Honorarium dan Tunjangan Anggota Dewan Komisaris Perseroan, dan Pengangkatan Anggota Dewan Pengawas Syariah Perseroan.
 Appointment of Members of the Company’s Board of Directors and Board of Commissioners; granting authority to the Company’s President
 Director to determine the division of duties and authorities among members of the Board of Directors; determination of salaries and allowances
 for members of the Board of Directors as well as salaries or honorarium and allowances for members of the Board of Commissioners; and
 appointment of members of the Company’s Sharia Supervisory Board.




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Keputusan     1. Menerima pengunduran diri Bapak Suparno Djasmin dan Bapak Gede Harja Wasistha masing-masing selaku
Resolutions      Presiden Komisaris dan Komisaris Independen Perseroan terhitung sejak ditutupnya Rapat ini; dan
              2. Mengangkat Bapak Rudy dan Bapak Margono Tanuwijaya masing-masing selaku Presiden Komisaris dan
                 Komisaris Independen Perseroan untuk sisa masa jabatan anggota Dewan Komisaris yang digantikannya,
                 terhitung sejak ditutupnya Rapat ini sampai dengan penutupan Rapat Umum Pemegang Saham Tahunan tahun
                 2026. Sehingga dengan demikian susunan anggota Dewan Komisaris dan Direksi Perseroan selengkapnya
                 menjadi sebagai berikut:

                    Presiden Komisaris : Bapak Rudy
                    Komisaris : Bapak Thomas Junaidi Alim Wijaya
                    Komisaris Independen : Bapak R. Nunu Soetjahja Noegroho
                    Komisaris Independen : Bapak Margono Tanuwijaya

                    Presiden Direktur : Bapak Siswadi
                    Direktur : Bapak Setia Budi
                    Direktur : Bapak Daniel Hartono
                    Direktur : Bapak Indra Gunawan
                    Direktur : Ibu Sri Harjati
                    Direktur : Ibu Valentina Chai Wei Li

                    untuk masa jabatan terhitung sejak ditutupnya Rapat ini sampai dengan penutupan Rapat Umum Pemegang
                    Saham Tahunan tahun 2026 dengan ketentuan bahwa segala fungsi, tugas dan wewenang Bapak Rudy dan
                    Bapak Margono Tanuwijaya masing-masing selaku Presiden Komisaris dan Komisaris Independen Perseroan
                    baru akan menjadi efektif terhitung sejak tanggal surat pernyataan lulus uji penilaian kemampuan dan
                    kepatutan dari Otoritas Jasa Keuangan.

              3. Memberikan kuasa kepada Presiden Komisaris Perseroan untuk menetapkan: (i) Gaji dan tunjangan anggota
                 Direksi Perseroan; dan (ii) Gaji atau honorarium dan tunjangan anggota Dewan Komisaris Perseroan.

              1.    To accept the resignations of Mr. Suparno Djasmin and Mr. Gede Harja Wasistha as President Commissioner
                    and Independent Commissioner of the Company, respectively, effective as of the closing of this Meeting; and

              2. To appoint Mr. Rudy as President Commissioner and Mr. Margono Tanuwijaya as Independent Commissioner
                 of the Company, respectively, to serve for the remainder of the term of office of the Board of Commissioners
                 members they replace, effective from the closing of this Meeting until the closing of the 2026 Annual General
                 Meeting of Shareholders. Thus, the complete composition of the Board of Commissioners and Board of
                 Directors of the Company is as follows:

                    President Commissioner: Mr. Rudy
                    Commissioner: Mr. Thomas Junaidi Alim Wijaya
                    Independent Commissioner: Mr. R. Nunu Soetjahja Noegroho
                    Independent Commissioner: Mr. Margono Tanuwijaya

                    President Director: Mr. Siswadi
                    Director: Mr. Setia Budi
                    Director: Mr. Daniel Hartono
                    Director: Mr. Indra Gunawan
                    Director: Mrs. Sri Harjati
                    Director: Mrs. Valentina Chai Wei Li

                    for a term of office starting from the closing of this Meeting until the closing of the 2026 Annual General
                    Meeting of Shareholders, with the provision that all functions, duties and authorities of Mr. Rudy and Mr.
                    Margono Tanuwijaya as the new President Commissioner and Independent Commissioner of the Company
                    will only become effective from the date of the letter of passing the fit and proper test from the Financial
                    Services Authority.

              3. To authorize the President Commissioner of the Company to determine: (i) the salaries and allowances of
                 the members of the Board of Directors of the Company; and (ii) the salaries or honorarium and allowances
                 of the members of the Board of Commissioners of the Company.




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   Performance Highlights           Management Report                 Company Profile




 Hasil Pemungutan Suara     Setuju: 100%
 Voting Results             Approved: 100%

                            Abstain: 0%
                            Abstain: 0%

                            Tidak setuju: 0%
                            Disagree: 0%

 Tahun Realisasi            Telah direalisasikan pada tahun 2025 sesuai Akta Pernyataan Keputusan Rapat No. 12 tanggal 9 Mei 2025.
 Year of Realization        Has been realized in 2025 in accordance with Deed of Meeting Resolution No. 13 dated May 9, 2025.




  IV           Mata Acara Rapat Keempat | Fourth Meeting Agenda


 Penunjukan Kantor Akuntan Publik untuk Melakukan Audit Laporan Keuangan Perseroan untuk Tahun Buku 2025.
 Appointment of a Public Accounting Firm to Audit the Company's Financial Statements for the 2025 Fiscal Year.

 Keputusan                  1. Dengan mempertimbangkan usulan Dewan Komisaris Perseroan yang meperhatikan rekomendasi Komite
 Resolutions                   Audit Perseroan, menunjuk Kantor Akuntan Publik Rintis, Jumadi, Rianto & Rekan, anggota jaringan
                               PricewaterhouseCoopers, yang merupakan kantor akuntan publik yang terdaftar di Otoritas Jasa Keuangan,
                               untuk melakukan audit Laporan Keuangan Perseroan untuk tahun buku yang berakhir pada tanggal 31
                               Desember 2025; dan
                            2. Memberikan wewenang kepada Direksi Perseroan untuk menetapkan jumlah honorarium dan persyaratan
                               lainnya sehubungan dengan penunjukan kantor akuntan publik tersebut sesuai dengan ketentuan yang berlaku.

                            1. By considering the proposal of the Company's Board of Commissioners, which has taken into account the
                               recommendations of the Company's Audit Committee, to appoint the Public Accounting Firm Rintis, Jumadi,
                               Rianto & Rekan, a member of the PricewaterhouseCoopers network, which is a public accounting firm
                               registered with the Financial Services Authority, to audit the Company's Financial Statements for the fiscal
                               year ended December 31, 2025; and
                            2. To authorize the Company's Board of Directors to determine the amount of remuneration and other requirements
                               in connection with the appointment of the public accounting firm in accordance with applicable regulations.

 Hasil Pemungutan Suara     Setuju: 100%
 Voting Results             Approved: 100%

                            Abstain: 0%
                            Abstain: 0%

                            Tidak setuju: 0%
                            Disagree: 0%

 Tahun Realisasi            Telah direalisasikan pada tahun 2025 sesuai Akta Pernyataan Keputusan Rapat No. 12 tanggal 9 Mei 2025.
 Year of Realization        Has been realized in 2025 in accordance with Deed of Meeting Resolution No. 13 dated May 9, 2025.




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Informasi tentang Hasil Keputusan RUPS Tahunan 2024 (Tahun Buku 2023) dan Tindak Lanjutnya
Information on the Resolutions of the 2024 Annual General Meeting of Shareholders
(Fiscal Year 2023) and Follow-up Actions

Pada tahun 2024, Perseroan telah menyelenggarakan 1 (satu)              In 2024, the Company held one Annual General Meeting of
kali Rapat Umum Pemegang Saham Tahunan (RUPST) pada 19                  Shareholders (AGMS) on April 19, 2024, at Menara FIF, Jl. TB
April 2024, bertempat di Menara FIF, Jl. TB Simatupang Kav.             Simatupang Kav. 15, Lebak Bulus, South Jakarta.
15, Lebak Bulus, Jakarta Selatan.

RUPST Tahun 2024 dihadiri oleh Dewan Komisaris, Direksi,                The 2024 AGMS was attended by the Board of Commissioners,
serta para Pemegang Saham Perseroan yang menjabat pada                  the Board of Directors, and the Company’s Shareholders who
saat rapat tersebut diselenggarakan.                                    were in office at the time the meeting was held.

Seluruh keputusan yang ditetapkan dalam RUPST Tahun                     All decisions/resolutions made at the 2024 AGMS have been
2024 telah direalisasikan dan ditindaklanjuti oleh Manajemen            realized and followed up by Management throughout 2024,
sepanjang tahun 2024, sebagaimana tercantum pada                        as outlined below:
uraian berikut:



      I      Mata Acara Rapat Pertama | First Meeting Agenda


                                              Keputusan                                                                  Realisasi
                                              Resolutions                                                               Realization

 1. Menyetujui laporan kegiatan usaha Perseroan, hasil yang dicapai, pelaksanaan tanggung                   Telah direalisasikan sesuai Akta
    jawab sosial dan lingkungan, serta rincian masalah yang timbul selama tahun buku 2023 yang              Pernyataan Keputusan Rapat No.
    mempengaruhi kegiatan usaha Perseroan sebagaimana diuraikan dalam Laporan Tahunan                       02 tanggal 02 Mei 2024.
    Perseroan untuk tahun buku 2023 (“Laporan Tahunan 2023”), termasuk mengesahkan Laporan
    Tugas Pengawasan Dewan Komisaris Perseroan yang tercantum dalam Laporan Tahunan 2023;
    dan
 2. Mengesahkan Laporan Keuangan Perseroan untuk tahun buku 2023 yang terdiri dari laporan
    posisi keuangan akhir tahun buku 2023 dalam perbandingan dengan tahun buku 2022, laporan
    arus kas dan perubahan ekuitas serta penjelasan atas laporan tersebut yang telah diaudit oleh
    kantor Tanudiredja, Wibisana, Rintis & Rekan, sebagaimana dimuat dalam laporan mereka
    tanggal 20 Februari 2024 dengan pendapat wajar dalam semua hal yang material (“Laporan
    Keuangan 2023”).

 1. To approve the Company’s business activity report, the results achieved, the implementation             It has been realized in accordance
    of social and environmental responsibilities as well as details of issues during the 2023 fiscal        with the Deed of Meeting
    year that affected the Company’s business activities as described in the Company’s Annual               Resolution No. 02 dated May 2,
    Report for the 2023 fiscal year (the “2023 Annual Report”), including approving the Board of            2024.
    Commissioners’ Supervisory Report contained in the 2023 Annual Report; and
 2. To approve the 2023 Financial Statements consisting of the statement of financial position at the
    end of the 2023 fiscal year in comparison with the 2022 fiscal year, the statement of cash flows
    and changes in equity, and the explanatory notes to the statements, which have been audited
    by the Public Accounting Firm Tanudiredja, Wibisana, Rintis & Rekan as contained in their report
    dated February 20, 2024, with an unqualified opinion in all material respects (“2023 Financial
    Statements”).




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   II         Mata Acara Rapat Kedua | Second Meeting Agenda


                                              Keputusan                                                                 Realisasi
                                              Resolutions                                                              Realization

 Menetapkan penggunaan laba bersih dan laba ditahan Perseroan untuk tahun buku 2023 (dua ribu              Telah direalisasikan sesuai Akta
 dua puluh tiga) sebesar Rp4.107.391.095.583,00 (empat triliun seratus tujuh miliar tiga ratus sembilan    Pernyataan Keputusan Rapat No.
 puluh satu juta sembilan puluh lima ribu lima ratus delapan puluh tiga Rupiah) dan saldo laba ditahan     02 tanggal 02 Mei 2024.
 Perseroan yang belum ditentukan penggunaannya sampai dengan tahun 2023 (dua ribu dua puluh
 tiga) sebesar Rp928.904.417,00 (sembilan ratus dua puluh delapan juta sembilan ratus empat ribu
 empat ratus tujuh belas Rupiah), sebagai berikut:
 1. Menyisihkan sebesar Rp1.000.000.000,00 (satu miliar Rupiah) dari laba bersih sebagai dana
      cadangan Perseroan;
 2. Membagikan dividen tunai untuk Tahun Buku 2023 (dua ribu dua puluh tiga), setelah dikurangi
      penyisihan untuk cadangan, senilai Rp4.107.320.000.000,00 (empat triliun seratus tujuh miliar
      tiga ratus dua puluh juta Rupiah) kepada para pemegang saham Perseroan dengan rincian
      sebagai berikut:
      a. Sebesar Rp1.319.920.000.000,00 (satu triliun tiga ratus sembilan belas miliar sembilan ratus
           dua puluh juta Rupiah) telah dibagikan sebagai dividen interim pada tanggal 24 (dua puluh
           empat) Oktober 2023 (dua ribu dua puluh tiga) berdasarkan Keputusan Direksi PT Federal
           International Finance Nomor KepDir-FIF/001/X/2023 tanggal 11 (sebelas) Oktober 2023
           (dua ribu dua puluh tiga) dan telah memperoleh Persetujuan Dewan Komisaris Perseroan
           berdasarkan Keputusan Sirkuler Dewan Komisaris PT Federal International Finance Nomor
           L.Leg/SPDK-015/FIF/2023 tanggal 11 (sebelas) Oktober 2023 (dua ribu dua puluh tiga),
           dengan rincian sebagai berikut:
           • PT Astra International Tbk sebesar Rp1.319.919.528.600,00 (satu triliun tiga ratus
                sembilan belas miliar sembilan ratus sembilan belas juta lima ratus dua puluh delapan
                ribu enam ratus Rupiah);
           • PT Arya Kharisma sebesar Rp471.400,00 (empat ratus tujuh puluh satu ribu empat ratus
                Rupiah).
      b. Sebesar Rp2.787.400.000.000,00 (dua triliun tujuh ratus delapan puluh tujuh miliar empat
           ratus juta Rupiah) dibagikan sebagai dividen final kepada para pemegang saham Perseroan
           dengan rincian sebagai berikut:
           • PT Astra International Tbk sebesar Rp2.787.399.004.500,00 (dua triliun tujuh ratus
                delapan puluh tujuh miliar tiga ratus sembilan puluh sembilan juta empat ribu lima ratus
                Rupiah);
           • PT Arya Kharisma sebesar Rp995.500,00 (sembilan ratus sembilan puluh lima ribu lima
                ratus Rupiah).
           yang akan dibayarkan oleh Perseroan melalui transfer ke rekening bank kepada masing-
           masing Pemegang Saham selambat-lambatnya pada tanggal 22 (dua puluh dua) Mei 2024
           (dua ribu dua puluh empat) dengan memperhatikan ketentuan perpajakan yang berlaku; dan
 3. Memberikan wewenang kepada Direksi Perseroan untuk melaksanakan pembagian dividen
      final tersebut dan untuk melakukan semua tindakan yang diperlukan. Pembayaran dividen akan
      dilakukan dengan memperhatikan ketentuan perpajakan yang berlaku.




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                                              Keputusan                                                                 Realisasi
                                              Resolutions                                                              Realization

To determine the use of the Company’s net income and retained earnings for the 2023 (two                   It has been realized in accordance
thousand twenty-three) fiscal year amounting to Rp4,107,391,095,583.00 (four trillion one hundred          with the Deed of Meeting
seven billion three hundred ninety-one million ninety-five thousand five hundred eighty-three              Resolution No. 02 dated May 2,
Rupiah) and the Company’s retained earnings balance that has not been determined for use until             2024.
2023 (two thousand twenty-three) amounting to Rp928,904,417.00 (nine hundred twenty-eight
million nine hundred four thousand four hundred seventeen Rupiah), as follows:
1. Allocating Rp1,000,000,000.00 (one billion Rupiah) from net income as the Company’s
     reserve fund;
2. Distributing cash dividends for the 2023 (two thousand twenty-three) fiscal year, after deducting
     the reserve allocation, amounting to Rp4,107,320,000,000.00 (four trillion one hundred
     seven billion three hundred twenty million Rupiah) to the Company’s shareholders, with the
     following details:
     a. Rp1,319,920,000,000.00 (one trillion three hundred nineteen billion nine hundred twenty
          million Rupiah) has been distributed as interim dividends on October 24 (twenty-four),
          2023 (two thousand twenty-three) based on the Board of Directors’ Decree of PT Federal
          International Finance No. KepDir-FIF/001/X/2023 dated October 11 (eleven), 2023 (two
          thousand twenty-three) and has obtained the approval of the Company’s Board of
          Commissioners based on the Circular Resolution of the Board of Commissioners of PT
          Federal International Finance Number L.Leg/SPDK-015/FIF/2023 dated October 11 (eleven),
          2023 (two thousand twenty-three), with the following details:
          • PT Astra International Tbk in the amount of Rp1,319,919,528,600.00 (one trillion three
               hundred nineteen billion nine hundred nineteen million five hundred twenty-eight
               thousand six hundred Rupiah);
          • PT Arya Kharisma in the amount of Rp471,400.00 (four hundred seventy-one thousand
               four hundred Rupiah).
     b. Rp2,787,400,000,000.00 (two trillion seven hundred eighty-seven billion four hundred
          million Rupiah) was distributed as final dividends to the Company’s shareholders, with the
          following details:
          • PT Astra International Tbk in the amount of Rp2,787,399,004,500.00 (two trillion seven
               hundred eighty-seven billion three hundred ninety-nine million four thousand five
               hundred Rupiah);
          • PT Arya Kharisma in the amount of Rp995,500.00 (nine hundred ninety-five thousand
               five hundred Rupiah).
          which will be paid by the Company through bank transfer to the respective Shareholders’
          accounts no later than May 22 (twenty-two), 2024, in accordance with applicable tax
          regulations; and
3. To authorize the Company’s Board of Directors to distribute the final dividend and to take
     all necessary actions. Dividend payments will be made in accordance with applicable
     tax regulations.




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      III        Mata Acara Rapat Ketiga | Third Meeting Agenda


                                              Keputusan                                                                Realisasi
                                              Resolutions                                                             Realization

 1. Mengangkat:                                                                                           Telah direalisasikan sesuai Akta
    a. Bapak Suparno Djasmin sebagai Presiden Komisaris                                                   Pernyataan Keputusan Rapat No.
    b. Bapak Thomas Junaidi Alim Wijaya sebagai Komisaris                                                 02 tanggal 02 Mei 2024.
    c. Bapak R. Nunu Soetjahja Noegroho sebagai Komisaris Independen
    d. Bapak Gede Harja Wasistha sebagai Komisaris Independen
    e. Bapak Siswadi sebagai Presiden Direktur
    f. Bapak Setia Budi sebagai Direktur
    g. Bapak Daniel Hartono sebagai Direktur
    h. Bapak Indra Gunawan sebagai Direktur
    i. Ibu Sri Harjati sebagai Direktur
    j. Ibu Valentina Chai Wei Li sebagai Direktur
    Untuk masa jabatan terhitung sejak ditutupnya Rapat ini sampai dengan penutupan Rapat Umum
    Pemegang Saham tahunan Perseroan tahun 2026, dengan catatan bahwa segala fungsi, tugas
    dan wewenang Bapak Thomas Junaidi Alim Wijaya, Bapak Gede Harja Wasistha dan Bapak
    Siswadi baru akan menjadi efektif terhitung sejak tanggal surat pernyataan lulus uji penilaian
    kemampuan dan kepatutan dari Otoritas Jasa Keuangan.
 2. Memberikan wewenang dan kuasa kepada Presiden Direktur Perseroan untuk menetapkan
    pembagian tugas dan wewenang anggota Direksi Perseroan.
 3. Memberikan kuasa kepada Presiden Komisaris Perseroan untuk menetapkan: (i) Gaji dan
    tunjangan anggota Direksi Perseroan; dan (ii) Gaji atau honorarium dan tunjangan anggota
    Dewan Komisaris Perseroan.
 4. Mengangkat Bapak Aminudin Yakub sebagai anggota Dewan Pengawas Syariah Perseroan,
    untuk masa jabatan terhitung sejak ditutupnya Rapat ini sampai dengan penutupan Rapat Umum
    Pemegang Saham Tahunan tahun 2026, dengan mengindahkan ketentuan hukum yang berlaku
    serta dengan tidak mengurangi hak RUPS untuk memberhentikan beliau sewaktu-waktu sesuai
    dengan ketentuan peraturan perundang-undangan yang berlaku.

 1. To appoint:                                                                                           It has been realized in accordance
    a. Mr. Suparno Djasmin as President Commissioner                                                      with the Deed of Meeting
    b. Mr. Thomas Junaidi Alim Wijaya as Commissioner                                                     Resolution No. 02 dated May 2,
    c. Mr. R. Nunu Soetjahja Noegroho as Independent Commissioner                                         2024.
    d. Mr. Gede Harja Wasistha as Independent Commissioner
    e. Mr. Siswadi as President Director
    f. Mr. Setia Budi as Director
    g. Mr. Daniel Hartono as Director
    h. Mr. Indra Gunawan as Director
    i. Mrs. Sri Harjati as Director
    j. Mrs. Valentina Chai Wei Li as Director
    For a term of office commencing from the closing of this Meeting until the closing of the
    Company’s 2026 Annual General Meeting of Shareholders, with the provision that all functions,
    duties, and authorities of Mr. Thomas Junaidi Alim Wijaya, Mr. Gede Harja Wasistha, and Mr.
    Siswadi will only become effective as of the date of the letter of statement of passing the Fit and
    Proper Test from the Financial Services Authority (OJK).
 2. To grant authority to the President Director of the Company to determine the division of duties
    and authority of the members of the Company’s Board of Directors.
 3. To authorize the President Commissioner of the Company to determine: (i) the salaries and
    allowances of the members of the Board of Directors of the Company; and (ii) the salaries or
    honorarium and allowances of the members of the Board of Commissioners of the Company.
 4. To appoint Mr. Aminudin Yakub as a member of the Company’s Sharia Supervisory Board, for
    a term of office starting from the closing of this Meeting until the closing of the 2026 Annual
    General Meeting of Shareholders, with due regard to applicable laws and regulations and
    without prejudice to the rights of the GMS to dismiss him at any time in accordance with
    applicable laws and regulations.




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 IV         Mata Acara Rapat Keempat | Fourth Meeting Agenda


                                             Keputusan                                                                Realisasi
                                             Resolutions                                                             Realization

1. Dengan mempertimbangkan usulan Dewan Komisaris Perseroan yang memperhatikan                           Telah direalisasikan sesuai Akta
   rekomendasi Komite Audit Perseroan, menunjuk kantor akuntan publik Tanudiredja, Wibisana,             Pernyataan Keputusan Rapat No.
   Rintis & Rekan, anggota jaringan PricewaterhouseCoopers, yang merupakan kantor akuntan                32 tanggal 13 April tahun 2023.
   publik yang terdaftar di Otoritas Jasa Keuangan, untuk melakukan audit Laporan Keuangan
   Perseroan untuk tahun buku yang berakhir pada tanggal 31 Desember 2024; dan
2. Memberikan wewenang kepada Direksi Perseroan untuk menetapkan jumlah honorarium dan
   persyaratan lainnya sehubungan dengan penunjukan kantor akuntan publik tersebut sesuai
   dengan ketentuan yang berlaku.


1. By considering the proposal of the Company’s Board of Commissioners, which has                        It has been realized in accordance
   taken into account the recommendations of the Company’s Audit Committee, to appoint                   with the Deed of Meeting
   the Public Accounting Firm Tanudiredja, Wibisana, Rintis & Rekan, a member of the                     Resolution No. 32 dated April 13,
   PricewaterhouseCoopers network, which is a public accounting firm registered with the Financial       2023.
   Services Authority, to audit the Company’s Financial Statements for the fiscal year ended
   December 31, 2024; and
2. To authorize the Company’s Board of Directors to determine the amount of remuneration
   and other requirements in connection with the appointment of the public accounting firm in
   accordance with applicable regulations.




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Dewan Komisaris
Board of Commissioners




Dewan Komisaris merupakan organ utama Perseroan yang               The Board of Commissioners is the main governing body of
berperan menjalankan fungsi pengawasan dan pemberian               the Company that plays a role in supervising and advising the
nasihat kepada Direksi dalam rangka memastikan pengelolaan         Board of Directors to ensure that the company is managed
perusahaan dilakukan sesuai dengan visi, misi, serta prinsip-      in accordance with its vision, mission, and GCG principles. In
prinsip GCG. Dalam melaksanakan tugasnya, Dewan                    implementing their duties, the Board of Commissioners acts
Komisaris bertindak secara kolegial dan independen, baik           collegially and independently, both in conducting general and
dalam melakukan pengawasan umum maupun khusus                      specific supervision in accordance with the Company’s Articles
sesuai dengan Anggaran Dasar Perseroan. Selain itu, Dewan          of Association. The Board of Commissioners also guarantees
Komisaris juga memastikan setiap kebijakan strategis dan           that all of the Company’s strategic and operational policies are
operasional Perseroan dijalankan secara transparan, akuntabel,     implemented in a transparent and accountable manner, with a
dan berorientasi pada kepentingan pemegang saham serta             focus on the interests of shareholders and other stakeholders.
pemangku kepentingan lainnya.


Pedoman Kerja Dewan Komisaris
Board of Commissioners’ Work Guidelines

Perseroan memiliki Pedoman Dewan Komisaris yang disusun            The Company has a Board of Commissioners’ Guidelines
berdasarkan ketentuan dalam Anggaran Dasar Perseroan,              compiled based on the provisions in the Company’s Articles
Undang-Undang Perseroan Terbatas, serta peraturan                  of Association, the Limited Liability Company Law, and other
perundang-undangan terkait lainnya, dengan perubahan               relevant laws and regulations, with the latest amendments
terakhir yang ditetapkan pada 30 Juni 2025.                        made on June 30, 2025.

Pedoman Dewan Komisaris merupakan dokumen tertulis                 The Board of Commissioners Guidelines are written documents
yang menjadi acuan utama bagi seluruh Komisaris dalam              that serve as the main reference for all Commissioners in
melaksanakan fungsi pengawasan dan pemberian nasihat               carrying out their supervisory and advisory functions to the
kepada Direksi. Melalui pedoman tersebut, Dewan Komisaris          Board of Directors. Through these guidelines, the Board
diharapkan dapat menjalankan tugasnya secara transparan,           of Commissioners is expected to perform its duties in a
independen, objektif, serta sejalan dengan prinsip-prinsip GCG.    transparent, independent, and objective manner, in line with
                                                                   the principles of GCG.

Tugas, Wewenang, dan Tanggung Jawab
Duties, Authorities, and Responsibilities


Tugas Dewan Komisaris                                              Duties of the Board of Commissioners
Tugas dan tanggung jawab Dewan Komisaris dalam menjalankan         The duties and responsibilities of the Board of Commissioners
fungsi pengawasan dan pemberian nasihat kepada Direksi             in conducting its supervisory and advisory functions to the
diuraikan sebagai berikut:                                         Board of Directors are outlined as follows:
1. Memberikan masukan dan rekomendasi atas rencana                 1. Providing input and recommendations on the Company’s
    strategis Perseroan (termasuk rencana kerja tahunan) yang          strategic plans (including annual work plans) submitted by
    diajukan Direksi;                                                  the Board of Directors;
2. Mengawasi pelaksanaan prinsip-prinsip Tata Kelola               2. Monitoring the implementation of Good Corporate
    Perusahaan yang Baik dalam aktivitas bisnis Perseroan;             Governance principles in the Company’s business activities;




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3. Mengawasi dan menasihati Direksi Perseroan mengenai           3. Supervising and advising the Company’s Board of Directors
   risiko bisnis dan upaya manajemen atas pengendalian              on business risks and management efforts on internal
   internal;                                                        control;
                                                                 4. Providing consideration for every decision of the Board
4. Memberikan pertimbangan setiap keputusan Direksi yang            of Directors that requires the approval of the Board of
   membutuhkan persetujuan Dewan Komisaris berdasarkan              Commissioners based on the provisions of the Articles of
   ketentuan Anggaran Dasar;                                        Association;
5. Memberikan laporan tugas pengawasan pada Laporan              5. Submitting a supervisory report in the Annual Report
   Tahunan (termasuk Laporan Tata Kelola Perusahaan yang            (including the Good Corporate Governance Report) and
   Baik) dan untuk menilai serta menyetujui Laporan Tahunan;        assessing and approving the Annual Report;
6. Untuk memberikan persetujuan dalam hal Dewan Pengawas         6. Providing approval in cases where the Sharia Supervisory
   Syariah memerlukan bantuan anggota komite yang struktur          Board requires the assistance of committee members
   organisasinya berada di bawah Dewan Komisaris; dan               whose organizational structure is under the Board of
                                                                    Commissioners; and
7. Memastikan bahwa Direksi Perseroan telah menindaklanjuti      7. Ensuring that the Company’s Board of Directors has followed
   temuan audit dan memberikan rekomendasi kepada satuan            up on audit findings and provided recommendations
   kerja audit internal Perseroan, auditor eksternal, hasil         to the Company’s internal audit unit, external auditors,
   pengawasan OJK dan/atau hasil pengawasan otoritas lain.          OJK supervisory results, and/or other authority
                                                                    supervisory results.

Dalam melaksanakan tugasnya, Dewan Komisaris tidak               The Board of Commissioners is not permitted to be involved
diperkenankan terlibat dalam pengambilan keputusan               in operational decision-making, which is the authority of the
operasional yang merupakan kewenangan Direksi. Fungsi            Board of Directors. The supervisory function is carried out in
pengawasan dijalankan dengan itikad baik, penuh tanggung         good faith, with full responsibility and discretion, for the best
jawab, serta kebijaksanaan, guna memastikan tercapainya          interests of the Company are achieved while taking into account
kepentingan terbaik Perseroan dengan tetap memperhatikan         the interests of all stakeholders.
kepentingan seluruh pemangku kepentingan.

Wewenang Dewan Komisaris                                         Authority of the Board of Commissioners
Sebagai bagian dari pelaksanaan fungsi pengawasan, Dewan         As part of the implementation of its supervision function, the
Komisaris diberikan kewenangan tertentu guna memastikan          Board of Commissioners is granted certain authority to make
Direksi menjalankan pengelolaan Perseroan sesuai dengan          sure that the Board of Directors manages the Company in
prinsip-prinsip GCG, antara lain untuk:                          accordance with GCG principles, including:
1. Memeriksa catatan pembukuan dan dokumendokumen                1. Examining accounting records and other documents,
    lain termasuk aset Perseroan;                                   including the Company’s assets;
2. Meminta dan menerima informasi terkait Perseroan dari         2. Requesting and receiving information related to the
    Direksi;                                                        Company from the Board of Directors;
3. Memberikan persetujuan atas pengajuan tindakan korporasi      3. Approving corporate actions proposed by the Board of
    yang diajukan Direksi; dan                                      Directors; and
4. Memberhentikan sementara anggota Direksi yang bertindak       4. Temporarily dismissing members of the Board of Directors
    bertentangan dengan Anggaran Dasar dan/atau peraturan           who act contrary to the Articles of Association and/or
    perundang-undangan yang berlaku.                                applicable laws and regulations.

Tanggung Jawab Dewan Komisaris                                   Responsibilities of the Board of Commissioners
Dalam rangka memastikan tercapainya pengelolaan Perseroan        For a transparent and accountable management of the
yang transparan dan akuntabel, Dewan Komisaris bertanggung       Company, the Board of Commissioners is responsible for:
jawab untuk:
1. Meninjau dan memberikan persetujuan atas Laporan              1. Reviewing and approving the Annual Report prepared by
   Tahunan yang disiapkan oleh Direksi sebelum Laporan              the Board of Directors before it is published;
   Tahunan tersebut dipublikasikan;
2. Menyediakan laporan kegiatan pengawasannya pada tahun         2. Providing a report on its supervisory activities for the year.
   tersebut. Laporan tersebut akan dimasukkan dalam Laporan         This report will be included in the Company’s Annual Report
   Tahunan Perseroan, dan akan dimintakan persetujuan RUPS;         and will be submitted to the GMS for approval;




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3. Komisaris Independen Perseroan Wajib melaporkan kepada             3. The Company’s Independent Commissioners are required
   Otoritas Jasa Keuangan (OJK) selambat-lambtanya 10                    to report to the Financial Services Authority (OJK) no later
   (sepuluh) hari kalender sejak ditemukannya:                           than 10 (ten) calendar days after discovering:
   a. Pelanggaran peraturan perundang-undangan di bidang                 a. Violations of laws and regulations in the field of
      pembiayaan; dan/atau                                                   financing; and/or
   b. Keadaan atau perkiraan keadaan yang dapat                          b. Circumstances or anticipated circumstances that could
      membayakan kelangsungan usaha Perseroan.                               jeopardize the Company’s business continuity.


Pembidangan Tugas Anggota Dewan Komisaris
Division of Duties of Board of Commissioners Members

Dalam rangka meningkatkan efektivitas fungsi pengawasan,              To improve the effectiveness of its supervisory function, the
Dewan Komisaris menetapkan pembagian tugas yang                       Board of Commissioners has determined the division of duties
mempertimbangkan keberagaman keahlian, pengalaman,                    based on the diversity of expertise, experience, and competence
dan kompetensi masing-masing anggotanya. Pembagian tugas              of each member. The division of duties also includes the
tersebut juga mencakup penunjukan anggota Dewan Komisaris             appointment of members of the Board of Commissioners as
sebagai ketua maupun anggota dalam komite-komite di bawah             chairpersons and members of committees under the Board of
Dewan Komisaris, guna memastikan pelaksanaan pengawasan               Commissioners to ensure that supervision is carried out in a
dilakukan secara kolegial, terarah, dan optimal.                      collegial, focused, and optimal manner.

Adapun pembagian tugas setiap anggota Dewan Komisaris                 The division of duties for each member of the Company’s Board
Perseroan adalah sebagai berikut:                                     of Commissioners is as follows:

  Periode 1 Januari 2025 – 21 April 2025
  Period January 1, 2025 – April 21, 2025


                                                                               Keanggotaan Komite oleh Anggota Dewan Komisaris
                         Nama                        Jabatan
 No.                                                                            Committee Membership by Members of the Board of
                         Name                        Position
                                                                                               Commissioners

 1.       Suparno Djasmin                 Presiden Komisaris             Anggota Komite Nominasi dan Remunerasi
                                          President Commissioner         Member of the Nomination and Remuneration Committee

 2.       R. Nunu Soetjahja Noegroho      Komisaris Independen           •    Ketua Komite Pemantau Risiko
                                          Independent Commissioner       •    Ketua Komite Nominasi dan Remunerasi

                                                                         •    Chairman of the Risk Monitoring Committee
                                                                         •    Chairman of the Nomination and Remuneration Committee

 3.       Thomas Junaidi Alim Wijaya      Komisaris                      -
                                          Commissioner

 4.       Gede Harja Wasistha             Komisaris Independen           Ketua Komite Audit
                                          Independent Commissioner       Chairman of the Audit Committee




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  Periode 21 April 2025 - 31 Desember 2025
  Period April 21, 2025 - December 31, 2025



                                                                              Keanggotaan Komite oleh Anggota Dewan Komisaris
                    Nama                             Jabatan
 No.                                                                           Committee Membership by Members of the Board of
                    Name                             Position
                                                                                              Commissioners

 1.     Rudy                            Presiden Komisaris              Anggota Komite Nominasi dan Remunerasi
                                        President Commissioner          Member of the Nomination and Remuneration Committee

 2.     R. Nunu Soetjahja Noegroho      Komisaris Independen            •    Ketua Komite Pemantau Risiko
                                        Independent Commissioner        •    Ketua Komite Nominasi dan Remunerasi

                                                                        •    Chairman of the Risk Monitoring Committee
                                                                        •    Chairman of the Nomination and Remuneration Committee

 3.     Margono Tanuwijaya              Komisaris Independen            Ketua Komite Audit
                                        Independent Commissioner        Chairman of the Audit Committee

 4.     Thomas Junaidi Alim Wijaya      Komisaris                       -
                                        Commissioner




Masa Jabatan, Prosedur Penunjukan dan Pengangkatan Dewan Komisaris
Term of Office, Procedures for Appointment of the Board of Commissioners


Periode menjabat anggota Dewan Komisaris Perseroan mulai             The term of office of members of the Company’s Board of
berlaku efektif sejak tanggal keputusan RUPS yang menetapkan         Commissioners shall be effective from the date of the GMS
pengangkatan hingga penutupan RUPS Tahunan kedua                     resolution appointing them until the closing of the second Annual
setelah tanggal pengangkatan dimaksud. Sebelum memangku              GMS after the date of appointment. Before effectively holding
jabatannya secara efektif, setiap anggota Dewan Komisaris            their positions, each member of the Board of Commissioners is
wajib lulus uji kemampuan dan kepatutan (fit and proper test)        required to pass a fit and proper test in accordance with OJK
sesuai dengan ketentuan OJK dan peraturan perundang-                 provisions and applicable laws and regulations.
undangan yang berlaku.

Sesuai dengan ketentuan dalam Anggaran Dasar Perseroan,              In accordance with the provisions of the Company’s Articles
masa jabatan anggota Dewan Komisaris dapat berakhir apabila:         of Association, the term of office of a member of the Board of
                                                                     Commissioners may end if he/she:
1.    Kehilangan Kewarganegaraan Indonesia;                          1. loses Indonesian citizenship;
2.    Mengajukan permohonan pengunduran diri;                        2. submits a letter of resignation;
3.    Tidak lagi memenuhi persyaratan perundang-undangan;            3. no longer meets the requirements of the law;
4.    Meninggal dunia; dan/atau                                      4. passed away; and/or
5.    Diberhentikan berdasarkan keputusan RUPS.                      5. is dismissed based on a resolution of the General Meeting
                                                                         of Shareholders.

RUPS memiliki kewenangan untuk memberhentikan anggota                The GMS has the authority to dismiss members of the Board of
Dewan Komisaris sewaktu-waktu dengan disertai alasan yang            Commissioners at any time with clear reasons, after the member
jelas, setelah anggota yang bersangkutan diberi kesempatan           concerned has been allowed to present their defense at the
untuk menyampaikan pembelaan diri dalam rapat tersebut.              meeting. Members of the Board of Commissioners whose terms
Anggota Dewan Komisaris yang masa jabatannya telah berakhir          of office have expired may be reappointed in accordance with
dapat diangkat kembali sesuai dengan ketentuan yang berlaku.         applicable regulations. This provision is applied to encourage
Ketentuan ini diterapkan untuk memastikan kesinambungan              the continuity of supervisory functions and the stability of the
fungsi pengawasan dan stabilitas tata kelola Perseroan dalam         Company’s governance in each leadership period.
setiap periode kepemimpinan.




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Susunan, Jumlah, dan Komposisi Anggota Dewan Komisaris Tahun 2025
Structure, Number, and Composition of Board of Commissioners Members in 2025

Penetapan jumlah dan komposisi Dewan Komisaris Perseroan              The determination of the number and composition of the
senantiasa mempertimbangkan aspek keberagaman dari                    Company’s Board of Commissioners always considers the
masing-masing anggota demi berjalannya fungsi pengawasan              diversity of each member to carry out effective, objective, and
yang efektif, objektif, dan independen, sejalan dengan                independent supervisory functions, in line with GCG principles.
prinsip-prinsip GCG. Seluruh anggota Dewan Komisaris juga             All members of the Board of Commissioners are also required
dipastikan telah memenuhi ketentuan terkait jumlah, kualifikasi,      to have met the provisions regarding the number, qualifications,
dan komposisi sebagaimana diatur dalam Pedoman Dewan                  and composition as stipulated in the Board of Commissioners
Komisaris, yakni yang terdiri dari:                                   Guidelines, which consist of:
1. 1 (satu) Presiden Komisaris;                                       1. 1 (one) President Commissioner;
2. 1 (satu) atau lebih Wakil Presiden Komisaris (apabila              2. 1 (one) or more Vice Chairpersons of the Board of
    diperlukan); dan/atau                                                 Commissioners (if necessary); and/or
3. 1 (satu) atau lebih Dewan Komisaris.                               3. 1 (one) or more Board of Commissioners.

Sepanjang tahun 2025, Perseroan melakukan perubahan                   Throughout 2025, the Company made changes to the
susunan Dewan Komisaris berdasarkan keputusan pemegang                composition of the Board of Commissioners based on the
saham dalam RUPST Tahun 2025. Rincian mengenai kronologi              shareholders’ resolution at the 2025 AGMS. Details regarding
perubahan komposisi, masa jabatan, serta dasar pengangkatan           the chronology of changes in composition, term of office,
anggota Dewan Komisaris disajikan pada tabel berikut:                 and basis for the appointment of members of the Board of
                                                                      Commissioners are presented in the following table:

 1 Januari 2025 – 21 April 2025
 January 1, 2025 – April 21, 2025


           Nama                      Jabatan                         Dasar Pengangkatan                      Periode Jabatan
           Name                      Position                      Legal Basis of Appointment                 Term of Office

 Suparno Djasmin            Presiden Komisaris           Akta Pernyataan Keputusan Rapat No. 01       19 April 2024-RUPST 2026
                            President Commissioner       tanggal 2 Mei 2024                           (Ke-5)
                                                         Deed of the Meeting Resolution No. 01        April 19, 2024 - AGMS 2026 (5th)
                                                         dated May 2, 2024

 R. Nunu Soetjahja          Komisaris Independen         Akta Pernyataan Keputusan Rapat No. 01       19 April 2024-RUPST 2026
 Noegroho                   Independent Commissioner     tanggal 2 Mei 2024                           (Ke-3)
                                                         Deed of the Meeting Resolution No. 01        April 19, 2024 - AGMS 2026 (3rd)
                                                         dated May 2, 2024

 Gede Harja Wasistha        Komisaris Independen         Akta Pernyataan Keputusan Rapat No. 01       19 April 2024-RUPST 2026 (Ke-1)
                            Independent Commissioner     tanggal 2 Mei 2024                           April 19, 2024 - AGMS 2026 (1st)
                                                         Deed of the Meeting Resolution No. 01
                                                         dated May 2, 2024

 Thomas Junaidi Alim        Komisaris                    Akta Pernyataan Keputusan Rapat No. 01       19 April 2024-RUPST 2026 (Ke-1)
 Wijaya                     Commissioner                 tanggal 2 Mei 2024                           April 19, 2024 - AGMS 2026 (1st)
                                                         Deed of the Meeting Resolution No. 01
                                                         dated May 2, 2024




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 21 April 2025 - 31 Desember 2025
 April 21, 2025 - December 31, 2025



          Nama                       Jabatan                      Dasar Pengangkatan                          Periode Jabatan
          Name                       Position                   Legal Basis of Appointment                     Term of Office

 Rudy                     Presiden Komisaris             Akta Pernyataan Keputusan Rapat No. 12        21 April 2025 – RUPST 2026
                          President Commissioner         tanggal 9 Mei 2025                            (Ke-1)
                                                         Deed of the Meeting Resolution No. 12         April 21, 2025 – AGMS 2026 (1st)
                                                         dated May 9, 2025

 R. Nunu Soetjahja        Komisaris Independen           Akta Pernyataan Keputusan Rapat No. 01        21 April 2025 – RUPST 2026
 Noegroho                 Independent Commissioner       tanggal 2 Mei 2024                            (Ke-3)
                                                         Deed of the Meeting Resolution No. 01         April 21, 2025 – AGMS 2026
                                                         dated May 2, 2024                             (3rd)

 Margono Tanuwijaya       Komisaris Independen           Akta Pernyataan Keputusan Rapat No. 12        21 April 2025 – RUPST 2026
                          Independent Commissioner       tanggal 9 Mei 2025                            (Ke-1)
                                                         Deed of the Meeting Resolution No. 12         April 21, 2025 – AGMS 2026 (1st)
                                                         dated May 9, 2025

 Thomas Junaidi Alim      Komisaris                      Akta Pernyataan Keputusan Rapat No. 01        21 April 2025 – RUPST 2026
 Wijaya                   Commissioner                   tanggal 2 Mei 2024                            (Ke-1)
                                                         Deed of the Meeting Resolution No. 01         April 21, 2025 – AGMS 2026 (1st)
                                                         dated May 2, 2024




Penilaian Uji Kemampuan dan Kepatutan Dewan Komisaris
Assessment of the Board of Commissioners’ Fit and Proper Test


Perseroan memastikan bahwa setiap anggota Dewan Komisaris          The Company confirms that each member of the Board
yang menjabat telah melalui proses uji kemampuan dan               of Commissioners has undergone a fit and proper test
kepatutan (fit and proper test) sesuai ketentuan OJK. Seluruh      in accordance with OJK regulations. The entire process
proses penunjukan dan pengesahan anggota Dewan Komisaris           of appointing and approving members of the Board of
dilakukan dengan mengacu pada POJK No. 33/POJK.04/2014             Commissioners is carried out with reference to POJK No.
(“POJK 33/2014”) tentang Direksi Dan Dewan Komisaris Emiten        33/POJK.04/2014 (“POJK 33/2014”) concerning the Board of
atau Perusahaan Publik serta POJK No. 27/POJK.03/2016              Directors and Board of Commissioners of Issuers or Public
(“POJK 27/2016”) tentang Penilaian Kemampuan dan Kepatutan         Companies and POJK No. 27/POJK.03/2016 (“POJK 27/2016”)
bagi Pihak Utama Lembaga Jasa Keuangan, sehingga                   concerning the Assessment of Competency and Suitability
legitimasi dan kompetensi Dewan Komisaris Perseroan dapat          for Key Parties of Financial Services Institutions, so that the
dipertanggungjawabkan secara hukum dan profesional.                legitimacy and competence of the Company’s Board of
                                                                   Commissioners can be accounted for legally and professionally.




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Informasi lebih lanjut mengenai hasil penilaian tersebut disajikan      Further information regarding the assessment results is
pada tabel di bawah ini:                                                presented in the table below:


                                                                                                         Tanggal Efektif Berdasarkan
            Nama                     Jabatan                         Pelaksana               Hasil                 Surat OJK
            Name                     Position                        Organizer               Result      Effective Date Based on OJK
                                                                                                                     Letter

 Rudy                       Presiden Komisaris           Otoritas Jasa Keuangan            Lulus       25 Juli 2025
                            President Commissioner       Financial Services Authority      Passed      July 25, 2025

 R. Nunu Soetjahja          Komisaris Independen         Otoritas Jasa Keuangan            Lulus       23 Desember 2021
 Noegroho                   Independent                  Financial Services Authority      Passed      December 23, 2021
                            Commissioner

 Margono Tanuwijaya         Komisaris Independen         Otoritas Jasa Keuangan            Lulus       4 Agustus 2025
                            Independent                  Financial Services Authority      Passed      August 4, 2025
                            Commissioner

 Thomas Junaidi Alim        Komisaris                    Otoritas Jasa Keuangan            Lulus       26 September 2024
 Wijaya                     Commissioner                 Financial Services Authority      Passed      September 26, 2024




Rangkap Jabatan Dewan Komisaris
Concurrent Position of the Board of Commissioners


Dalam rangka memperkuat efektivitas pengawasan dan                      In order to strengthen the effectiveness of supervision and
menjaga independensi Dewan Komisaris dalam menjalankan                  maintain the independence of the Board of Commissioners in
perannya terhadap Direksi, Perseroan menetapkan ketentuan               performing their role with respect to the Board of Directors,
tegas terkait rangkap jabatan bagi setiap anggota Dewan                 the Company has established strict provisions regarding
Komisaris. Ketentuan ini diatur untuk memastikan keseimbangan           the concurrent positions of each member of the Board of
komposisi dan kinerja Dewan Komisaris dalam mendukung                   Commissioners. These provisions are regulated to balance the
penerapan prinsip-prinsip GCG. Ketentuan mengenai rangkap               composition and performance of the Board of Commissioners
jabatan tersebut diatur dalam Pedoman Kerja Dewan Komisaris             in supporting the implementation of GCG principles. The
sebagai berikut:                                                        provisions regarding concurrent positions are regulated in
                                                                        the Board of Commissioners’ Work Guidelines as follows:
1. Anggota Dewan Komisaris dilarang merangkap                           1. Members of the Board of Commissioners are prohibited
   jabatan sebagai:                                                         from holding concurrent positions as:
   a. Anggota Direksi dan/atau Pejabat Eksekutif pada:                      a. Members of the Board of Directors and/or Executive
                                                                               Officers at:
        •perusahaan dan/atau lembaga lain jika telah                           • other companies and/or institutions if he/she already
         menjabat sebagai anggota dewan komisaris pada                             serves as member of the Board of Commissioners
         2 (dua) perusahaan dan/atau lembaga lain; atau                            at 2 (two) other companies and/or institutions; or
      • lebih dari 1 (satu) perusahaan dan/atau lembaga                        • more than one (1) company and/or other institution
         lain jika telah menjabat sebagai anggota dewan                            if he/she has served as a member of the board of
         komisaris pada 1 (satu) perusahaan dan/atau                               commissioners at one (1) company and/or other
         lembaga lain;                                                             institution;
   b. Anggota Dewan Komisaris pada lebih dari 2 perusahaan                  b. Members of the Board of Commissioners in more than
      dan/atau lembaga lain;                                                   2 companies and/or other institutions;
   c. Jabatan lain yang dapat menimbulkan benturan                          c. Other positions that may cause a conflict of interest in
      kepentingan dalam pelaksanaan tugasnya;                                  the performance of their duties;
   d. Jabatan lain yang dilarang oleh peraturan perundang-                  d. Other positions prohibited by laws and regulations.
      undangan.




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2. Adapun ketentuan larangan rangkap jabatan bagi anggota       2. The prohibition on concurrent positions for members
   Dewan Komisaris tidak berlaku dalam hal sebagai berikut:        of the Board of Commissioners does not apply in the
                                                                   following cases:
   a. Anggota Dewan Komisaris non independen menjalankan           a. Non-independent members of the Board of
      tugas fungsional dari pemegang saham Perseroan                   Commissioners perform functional duties as
      yang berbentuk badan hukum menjadi anggota                       shareholders of the Company in the form of a legal
      dewan komisaris pada perusahaan anak dalam                       entity as members of the board of commissioners of a
      kelompok usahanya;                                               subsidiary company within its business group;
   b. Anggota Dewan Komisaris merupakan pengurus                   b. Members of the Board of Commissioners are association
      asosiasi yang menjalankan tugas fungsional menjadi               administrators who perform functional duties as
      anggota dewan komisaris pada anak perusahaan yang                members of the board of commissioners of a subsidiary
      dikendalikan oleh asosiasi;                                      controlled by the association;
   c. Anggota Dewan Komisaris merupakan pengurus asosiasi          c. Members of the Board of Commissioners are
      yang menjalankan tugas fungsional menjadi dewan                  administrators of associations who perform functional
      komisaris pada Lembaga berdasarkan penunjukan OJK;               duties as members of the board of commissioners at
      dan/atau                                                         institutions based on the appointment of the OJK; and/or
   d. Anggota Dewan Komisaris menduduki jabatan pada               d. Members of the Board of Commissioners hold positions
      organisasi atau lembaga nirlaba.                                 in non-profit organizations or institutions.

   sepanjang perangkapan jabatan tersebut tidak                     as long as the concurrent positions do not cause the person
   mengakibatkan yang bersangkutan mengabaikan                      concerned to neglect the performance of his/her duties and
   pelaksanaan tugas dan wewenang sebagai anggota                   authorities as a member of the Board of Commissioners.
   Dewan Komisaris.

3. Anggota Dewan Komisaris yang akan menduduki jabatan          3. Members of the Board of Commissioners who will hold
   sebagaimana dimaksud dalam poin nomor 2 huruf a                 positions as referred to in point number 2 letters a and
   dan d, wajib membuat pernyataan tertulis yang memuat            d, are required to make a written statement containing a
   komitmen untuk:                                                 commitment to:
   a. Menjaga integritas;                                          a. Maintaining integrity;
   b. Menghindari segala bentuk Benturan Kepentingan; dan          b. Avoiding any form of conflict of interest; and
   c. Menghindari tindakan yang dapat merugikan Perseroan          c. Avoiding actions that could harm the Company and/or
      dan/atau menyebabkan Perseroan melanggar prinsip                 cause the Company to violate the principle of prudence.
      kehati-hatian.

   selama yang bersangkutan menjabat sebagai anggota                while serving as a member of the Board of Commissioners.
   Dewan Komisaris

Berikut adalah informasi mengenai rangkap jabatan yang          The following is information regarding the concurrent positions
dijalankan oleh masing-masing anggota Dewan Komisaris           held by each member of the Company’s Board of Commissioners
Perseroan per 31 Desember 2025:                                 as of December 31, 2025:




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        Nama                      Jabatan               Rangkap Jabatan               Nama Perusahaan                Bidang Usaha
        Name                      Position             Concurrent Positions            Company Name                 Line of Business

 Rudy                      Presiden Komisaris      Wakil Presiden Direktur       PT Astra International Tbk   Holding Company
                           President               Vice President Director
                           Commissioner
                                                   Komisaris                     PT Astra Nusa Perdana        Perusahaan Infrastruktur
                                                   Commissioner                                               Logistik
                                                                                                              Logistics Infrastructure
                                                                                                              Company

                                                   Komisaris                     PT Astra Tol Nusantara       Perusahaan Bisnis Tol
                                                   Commissioner                                               Toll Road Business
                                                                                                              Company

                                                   Presiden Komisaris            PT Sedaya Multi Investama    Perusahaan Perdagangan
                                                   President Commissioner                                     Trading Company

                                                   Komisaris                     PT Toyota-Astra Motor        Perusahaan Otomotif
                                                   Commissioner                                               Automotive Company

                                                   Komisaris                     PT Pamapersada Nusantara     Perusahaan Kontraktor
                                                   Commissioner                                               Pertambangan
                                                                                                              Mining Contracting
                                                                                                              Company

                                                   Komisaris                     PT Astra Daihatsu Motor      Perusahaan Otomotif
                                                   Commissioner                                               Automotive Company

                                                   Ketua Dewan Pengawas          Astra Dua                    Perusahaan Dana Pensiun
                                                   Dana Pensiun                                               Pension Fund Company
                                                   Chairman of the Pension
                                                   Fund Supervisory Board

                                                   Ketua Dewan Pengawas          Astra Satu                   Perusahaan Dana Pensiun
                                                   Dana Pensiun                                               Pension Fund Company
                                                   Chairman of the Pension
                                                   Fund Supervisory Board

                                                   Wakil Presiden Komisaris      PT United Tractors Tbk       Perusahaan Mesin
                                                   Vice President                                             Konstruksi
                                                   Commissioner                                               Construction Machinery
                                                                                                              Company

                                                   Komisaris                     PT Menara Astra              Perusahaan Properti
                                                   Commissioner                                               Property Company

                                                   Wakil Presiden Komisaris      PT Toyota Astra Financial    Perusahaan Pembiayaan
                                                   Vice President                Services                     Financing Company
                                                   Commissioner

                                                   Komisaris                     PT Asuransi Astra Buana      Perusahaan Asuransi Umum
                                                   Commissioner                                               General Insurance Company

                                                   Presiden Komisaris            PT Astra Sedaya Finance      Perusahaan Pembiayaan
                                                   President Commissioner                                     Financing Company




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      Nama                 Jabatan                 Rangkap Jabatan               Nama Perusahaan               Bidang Usaha
      Name                 Position               Concurrent Positions            Company Name                Line of Business

R. Nunu Soetjahja   Komisaris Independen     Anggota Komite Audit           PT Toyota Astra Financial    Perusahaan Pembiayaan
Noegroho            Independent              Member of the Audit            Services                     Financing Company
                    Commissioner             Committee

                                             Anggota Komite                 PT Toyota Astra Financial    Perusahaan Pembiayaan
                                             Pemantau Risiko                Services                     Financing Company
                                             Member of the Risk
                                             Monitoring Committee

                                             Ketua Komite Pemantau          PT Federal International     Perusahaan Pembiayaan
                                             Risiko                         Finance                      Financing Company
                                             Chairman of the Risk
                                             Monitoring Committee

                                             Ketua Komite Nominasi dan      PT Federal International     Perusahaan Pembiayaan
                                             Remunerasi                     Finance                      Financing Company
                                             Chairman of the Risk
                                             Monitoring Committee

Margono             Komisaris Independen     Ketua Komite Audit             PT Federal International     Perusahaan Pembiayaan
Tanuwijaya          Independent              Chairman of the                Finance                      Financing Company
                    Commissioner             Audit Committee

Thomas Junaidi      Komisaris                Presiden Komisaris             PT Asuransi Astra Buana      Perusahaan Asuransi Umum
Alim Wijaya         Commissioner             President Commissioner                                      General Insurance Company

                                             Presiden Komisaris             PT Astra Integrasi Digital   Perusahaan Jasa Informasi
                                             President Commissioner                                      Information Services
                                                                                                         Company

                                             Direktur                       PT Astra International Tbk   Holding Company
                                             Director                                                    (Astra Group)

                                             Komisaris                      PT Astra Otoparts Tbk        Perusahaan Komponen
                                             Commissioner                                                Otomotif
                                                                                                         Automotive Components
                                                                                                         Company

                                             Executive Vice President       PT Astra Honda Motor         Perusahaan Otomotif
                                             Director                                                    Automotive Company

                                             Presiden Komisaris             PT Suryaraya Rubberindo      Perusahaan Otomotif
                                             President Commissioner         Industries                   Automotive Company

                                             Komisaris                      PT Hitachi Astemo Bekasi     Perusahaan Otomotif
                                             Commissioner                   Manufacturing                Automotive Company

                                             Komisaris                      PT Musashi Auto Parts        Perusahaan Manufaktur
                                             Commissioner                   Indonesia                    Manufacturing Company

                                             Komisaris                      PT Astra Digital Arta        Perusahaan Uang Elektronik
                                             Commissioner                                                Electronic Money Company




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Kebijakan Pengelolaan Benturan Kepentingan Dewan Komisaris
Board of Commissioners Conflict of Interest Management Policy

Untuk memastikan pelaksanaan fungsi pengawasan yang              To ensure the implementation of objective and ethical
objektif dan berintegritas, Perseroan menerapkan kebijakan       supervision functions, the Company implements a conflict
pengelolaan benturan kepentingan yang berlandaskan pada          of interest management policy based on the principles of
prinsip independensi, transparansi, dan tanggung jawab.          independence, transparency, and accountability. This policy
Kebijakan ini menegaskan bahwa setiap anggota Dewan              stipulates that each member of the Board of Commissioners
Komisaris wajib menghindari segala bentuk hubungan atau          must avoid any form of personal relationship or interest that
kepentingan pribadi yang dapat memengaruhi penilaian             could influence their professional judgment in decision-making.
profesionalnya dalam mengambil keputusan. Apabila terdapat       If there is a potential conflict of interest, the member concerned
potensi benturan kepentingan, anggota yang bersangkutan          is required to disclose it and refrain from involvement in the
diwajibkan untuk melakukan pengungkapan dan menahan              decision-making process on the matter.
diri dari keterlibatan dalam proses pengambilan keputusan
atas hal tersebut.

Sepanjang tahun 2025, tidak terdapat kondisi maupun situasi      Throughout 2025, there were no conditions or situations that
yang menunjukkan adanya potensi benturan kepentingan             indicated a potential conflict of interest in the decision-making
dalam proses pengambilan keputusan oleh Dewan Komisaris.         process by the Board of Commissioners.

Transparansi Kepemilikan Saham Dewan Komisaris
Transparency of Board of Commissioners’ Share Ownership


Sebagai bentuk transparansi dan akuntabilitas, setiap anggota    As a form of transparency and accountability, each member
Dewan Komisaris wajib mengungkapkan kepemilikan sahamnya         of the Board of Commissioners is required to disclose
di Perseroan serta melaporkannya dalam laporan penerapan         their share ownership in the Company and report it in
GCG, dengan memperhatikan ketentuan sebagai berikut:             the GCG implementation report, with due regard to the
                                                                 following provisions:
1. Kepemilikan saham yang mencapai 50% (lima puluh persen)       1. Share ownership reaching 50% (fifty percent) or more in
   atau lebih pada Perseroan atau pada perusahaan lain yang          the Company or in other companies located domestically
   berkedudukan di dalam dan di luar negeri;                         and abroad;
2. Hubungan keuangan dan hubungan keluarga dengan                2. Financial and family relationships with other members of
   anggota Dewan Komisaris lain, anggota Direksi,                    the Board of Commissioners, members of the Board of
   anggota Dewan Pengawas Syariah dan/atau pemegang                  Directors, members of the Sharia Supervisory Board and/
   saham Perseroan.                                                  or shareholders of the Company.

Informasi mengenai kepemilikan saham masing-masing anggota       Information regarding the share ownership of each member
Dewan Komisaris, baik di Perseroan maupun di perusahaan          of the Board of Commissioners, both in the Company and in
lain, dapat dilihat pada tabel berikut:                          other companies, is summarized in the following table:


                                                                                    Kepemilikan Saham
               Nama                      Jabatan                                     Share Ownership
               Name                      Position                 Perseroan         Perusahaan Pembiayaan/Perusahaan Lainnya
                                                                  Company               Financing Company/Other Companies

 Rudy                          Presiden Komisaris                 Tidak ada                           Tidak ada
                               President Commissioner               None                                None

 R. Nunu Soetjahja Noegroho    Komisaris Independen               Tidak ada                           Tidak ada
                               Independent Commissioner             None                                None

 Margono Tanuwijaya            Komisaris Independen               Tidak ada                           Tidak ada
                               Independent Commissioner             None                                None

 Thomas Junaidi Alim Wijaya    Komisaris                          Tidak ada                           Tidak ada
                               Commissioner                         None                                None



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Kebijakan Pemberian Pinjaman bagi Dewan Komisaris
Loan Policy for the Board of Commissioners

Perseroan menerapkan kebijakan pemberian pinjaman kepada          The Company implements a loan policy for the Board of
Dewan Komisaris berdasarkan prinsip arm’s length basis.           Commissioners based on the arm’s length principle. All loan
Seluruh proses dan persyaratan pemberian pinjaman dilakukan       processes and requirements are carried out with an emphasis
dengan mengedepankan asas kesetaraan dan kewajaran,               on the principles of equality and fairness, so that there is no
sehingga tidak terdapat perlakuan khusus dibandingkan             special treatment compared to other parties that do not have
dengan pihak lain yang tidak memiliki hubungan afiliasi           an affiliation with the Company.
dengan Perseroan.


Independensi Dewan Komisaris
Independence of the Board of Commissioners


Dalam kapasitasnya sebagai representasi pemegang saham,           In its capacity as the representative of shareholders, the Board
Dewan Komisaris memiliki tanggung jawab utama untuk               of Commissioners has the primary responsibility of supervising
menjalankan fungsi pengawasan terhadap pelaksanaan                the management of the Company by the Board of Directors to
pengelolaan Perseroan oleh Direksi agar senantiasa                ensure that it is always guided by the principles of prudence
berpedoman pada prinsip kehati-hatian dan akuntabilitas.          and accountability. As a manifestation of the application of
Sebagai wujud penerapan prinsip GCG, setiap anggota               GCG principles, each member of the Board of Commissioners
Dewan Komisaris menyampaikan pernyataan independensi              submits a statement of independence at the beginning of the
di awal tahun dan menegaskan kembali komitmen tersebut            year and reaffirms this commitment through a statement letter
melalui surat pernyataan pada akhir tahun, yang mencakup          at the end of the year, which includes disclosure of potential
pengungkapan atas potensi benturan kepentingan selama             conflicts of interest during the reporting period.
periode pelaporan.


Rapat Dewan Komisaris
Board of Commissioners Meeting


Kebijakan Rapat                                                   Meeting Policy
Rapat Dewan Komisaris dilaksanakan secara berkala sedikitnya      Board of Commissioners meetings are held periodically at least
satu kali setiap dua bulan untuk memastikan pelaksanaan           once every two months to ensure that the supervisory function
fungsi pengawasan berjalan efektif. Namun demikian, dalam         is carried out effectively. However, under certain circumstances,
kondisi tertentu, Dewan Komisaris dapat menyelenggarakan          the Board of Commissioners may hold meetings at any time if
rapat sewaktu-waktu apabila diperlukan, baik atas permintaan      necessary, either at the request of a member of the Board of
anggota Dewan Komisaris maupun Direksi, terutama apabila          Commissioners or the Board of Directors, especially if there
terdapat hal yang bersifat mendesak dan membutuhkan               are urgent matters that require immediate decisions, at least
keputusan segera, sekurang-kurangnya memenuhi ketentuan           in accordance with the following provisions:
sebagai berikut:
1. Setiap saat kapanpun dirasa perlu oleh 1 (satu) atau lebih     1. At any time deemed necessary by one (1) or more members
   anggota Dewan Komisaris;                                          of the Board of Commissioners;
2. Berdasarkan permintaan tertulis dari 1 (satu) atau lebih       2. Based on a written request from one or more members of
   anggota Direksi atau (iii) berdasarkan permintaan 1 (satu)        the Board of Directors or (iii) based on a request from one
   pemegang saham atau lebih yang mewakili sekurang-                 or more shareholders representing at least 1/10 (one tenth)
   kurangnya 1/10 (satu per sepuluh) jumlah seluruh saham            of the total number of shares with voting rights collectively;
   dengan hak suara bersama-sama;
3. Setiap anggota Dewan Komisaris wajib hadir dalam               3. Each member of the Board of Commissioners must attend
   rapat sekurang-kurangnya 75% (tujuh puluh lima persen)            at least 75% (seventy-five percent) of all internal meetings
   dari jumlah seluruh rapat internal dalam jangka waktu             within a period of 1 (one) year;
   1 (satu) tahun;



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4. Keputusan rapat diambil berdasarkan musyawarah untuk                      4. Meeting decisions shall be made based on consensus, and
   mufakat, dan apabila tidak tercapai, keputusan diambil                       if consensus cannot be reached, decisions shall be made
   berdasarkan suara terbanyak.                                                 based on a majority vote.

Tingkat Kehadiran Anggota Dewan Komisaris dalam                              Attendance Rate of Board of Commissioners Members in
Rapat                                                                        Meetings
Per 31 Desember 2025, Dewan Komisaris telah                                  As of December 31, 2025, the Board of Commissioners has
menyelenggarakan 6 (enam) kali rapat dengan rincian agenda                   held 6 (six) meetings with the following agenda details and
dan tingkat kehadiran sebagai berikut:                                       attendance rates:


               Nama                               Jabatan                   Jumlah Pertemuan             Kehadiran          Tingkat Kehadiran (%)
               Name                               Position                  Number of Meetings           Attendance          Attendance Rate (%)

 Rudy*                               Presiden Komisaris                               3                       3                       100
                                     President Commissioner

 R. Nunu Soetjahja Noegroho          Komisaris Independen                             6                       6                       100
                                     Independent Commissioner

 Margono Tanuwijaya**                Komisaris Independen                             2                       2                       100
                                     Independent Commissioner

 Thomas Junaidi Alim Wijaya          Komisaris                                        6                       6                       100
                                     Commissioner


*)	Kehadiran Beliau dalam rapat Dewan Komsiaris dihitung sejak Beliau dinyatakan lulus uji kemampuan dan kepatutan sebagai Presiden Komisaris yaitu
    pada 25 Juli 2025.
**)	Kehadiran Beliau dalam rapat Dewan Komsiaris dihitung sejak Beliau dinyatakan lulus uji kemampuan dan kepatutan sebagai Komisaris Independen
    yaitu pada 4 Agustus 2025.

*)	His attendance at Board of Commissioners meetings is counted from the date he passed the Fit and Proper test as President Commissioner, which was
    on July 25, 2025.
**)	His attendance at Board of Commissioners meetings is counted from the date he passed the Fit and Proper test as an Independent Commissioner,
    which was on August 4, 2025.


Agenda Rapat Dewan Komisaris                                                 Board of Commissioners Meeting Agenda
Berikut ini adalah topik-topik prioritas yang menjadi agenda                 The following are the priority topics to be discussed in the
pembahasan dalam Rapat Dewan Komisaris selama tahun 2025:                    Board of Commissioners meeting during 2025:


             Tanggal
                                                                                          Agenda
              Date

 27 Februari 2025                    •    Laporan Komite Audit Q4 2024 kepada Dewan Komisaris
 February 27, 2025                   •    Laporan Komite Pemantau Risiko Q4 2024 kepada Dewan Komisaris
                                     •    Pembahasan Company Performance per 31 Desember 2024
                                     •    Review Laporan Profil Risiko Terintegrasi Semester II 2024
                                     •    Review Laporan Pelaksanaan Tata Kelola Terintegrasi Semester II 2024
                                     •    Review Laporan Penilaian Sendiri Tingkat Kesehatan Tahun 2024

                                     •    Audit Committee Report for Q4 2024 to the Board of Commissioners
                                     •    Risk Monitoring Committee Report for Q4 2024 to the Board of Commissioners
                                     •    Discussion of Company Performance as of December 31, 2024
                                     •    Review of the Integrated Risk Profile Report for the Second Semester of 2024
                                     •    Review of the Integrated Governance Implementation Report for Semester II 2024
                                     •    Review of the 2024 Soundness Level Self-Assessment Report




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           Tanggal
                                                                        Agenda
            Date

30 April 2025           •    Laporan Komite Audit Q1 2025
April 30, 2025          •    Laporan Komite Pemantau Risiko Q1 2025
                        •    Pembahasan Company Performance Q1 2025
                        •    Laporan Komite Nominasi dan Remunerasi: update susunan Direksi & Dewan Komisaris
                        •    berdasarkan RUPS dan Susunan Komite Audit, Komite Pemantau Risiko, dan Komite Nominasi &
                             Remunerasi
                        •    Laporan atas Evaluasi KAP Tahun 2024 dan Penunjukan KAP Tahun 2025

                        •    Audit Committee Report Q1 2025
                        •    Risk Monitoring Committee Report Q1 2025
                        •    Discussion of Company Performance Q1 2025
                        •    Nomination and Remuneration Committee Report: update on the composition of the Board of
                             Directors & Board of Commissioners based on the General Meeting of Shareholders and the
                             Composition of the Audit Committee, Risk Monitoring Committee, and Nomination & Remuneration
                             Committee
                        •    Report on the Evaluation of the KAP for 2024 and the Appointment of the KAP for 2025

24 Juni 2025            •    GCG Update Terkait Direksi & Dewan Komisaris
June 24, 2025           •    Pembahasan APU PPT dan PPPSPM termasuk DTTOT dan PEP Semester I 2025
                        •    Laporan Internal Audit Semester I 2025
                        •    Laporan Pengendalian Fraud Semester I 2025
                        •    Laporan Pelaksanaan Perlindungan Konsumen termasuk Pelaporan tentang Literasi dan Inklusi
                             Semester I 2025

                        •    GCG Update Related to the Board of Directors & Board of Commissioners
                        •    Discussion of AML-CFT and CPF including List of Suspected Terrorists and Terrorist Organizations
                        •    (DTTOT) and Politically Exposed Person (PEP) for the First Semester of 2025
                        •    Internal Audit Report for the First Semester of 2025
                        •    Fraud Control Report for the First Semester of 2025
                        •    Consumer Protection Implementation Report including Reporting on Literacy and Inclusion for the
                             First Semester of 2025

29 Juli 2025            •    Laporan Komite Audit Q2 2025
July 29, 2025           •    Laporan Komite Pemantau Risiko Q2 2025
                        •    Pembahasan Company Performance Q2 2025
                        •    Laporan KNR: Laporan Pengembangan Kompetensi Direksi & Dewan Komisaris
                        •    Review Laporan Pelaksanaan Tata Kelola Terintegrasi Semester I 2025
                        •    Review Laporan Profil Risiko Terintegrasi Semester I 2025

                        •    Audit Committee Report Q2 2025
                        •    Risk Monitoring Committee Report Q2 2025
                        •    Discussion of Company Performance Q2 2025
                        •    Nomination and Remuneration Committee Report: Report on the Development of the Competencies
                             of the Board of Directors & Board of Commissioners
                        •    Review of the Integrated Governance Implementation Report for the First Semester of 2025
                        •    Review of the Integrated Risk Profile Report for the First Semester of 2025

23 Oktober 2025         •    Laporan Komite Audit Q3 2025
October 23, 2025        •    Laporan Komite Pemantau Risiko Q3 2025
                        •    Pembahasan Company Performance Q3 2025

                        •    Audit Committee Report Q3 2025
                        •    Risk Monitoring Committee Report Q3 2025
                        •    Discussion of Company Performance Q3 2025




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   Performance Highlights         Management Report               Company Profile




             Tanggal
                                                                               Agenda
              Date

 12 Desember 2025             •    Laporan Eksternal Auditor kepada BOC
 December 12, 2025            •    Laporan Internal Audit Semester II 2025
                              •    Pembahasan APU PPT dan PPPSPM termasuk DTTOT dan PEP Semester II 2025
                              •    Laporan Pengendalian Fraud Semester II 2025
                              •    Laporan Pelaksanaan Perlindungan Konsumen termasuk Pelaporan tentang Literasi dan Inklusi
                                   Semester II 2025
                              •    Laporan KNR: Approval in bonus pay out
                              •    Laporan Rencana Bisnis Tahunan 2026: RKAT, Rencana Bisnis Tahunan, termasuk Rencana
                                   Pengembangan Teknologi Informasi
                              •    Evaluasi Kinerja Komite sesuai ketentuan POJK 48/2024
                              •    Penetapan Jadwal Rapat Dewan Komisaris tahun 2026

                              •    External Auditor's Report to the Board of Commissioners
                              •    Internal Audit Report for the Second Semester of 2025
                              •    Discussion of AML-CFT and CPF including List of Suspected Terrorists and Terrorist Organizations
                              •    (DTTOT) and Politically Exposed Person (PEP) for the Second Semester of 2025
                              •    Fraud Control Report for the Second Semester of 2025
                              •    Report on the Implementation of Consumer Protection, including Reporting on Literacy and Inclusion
                                   for the Second Semester of 2025
                              •    Nomination and Remuneration Committee Report: Approval of Bonus Payout
                              •    Annual Business Plan Report for 2026: Annual Work Plan and Budget (RKAT), Annual Business Plan,
                                   including Information Technology Development Plan
                              •    Performance Evaluation of the Committee in accordance with POJK 48/2024
                              •    Setting the Schedule for the Board of Commissioners Meeting in 2026




Rapat Gabungan Dewan Komisaris dan Direksi
Board of Commissioners and Board of Directors Joint Meetings


Kebijakan Rapat                                                    Meeting Policy
Dalam menjaga efektivitas koordinasi dan penerapan                 To maintain effective coordination and apply the principle of
prinsip check and balance, Dewan Komisaris mengadakan              checks and balances, the Board of Commissioners holds joint
rapat gabungan dengan Direksi secara berkala, sekurang-            meetings with the Board of Directors on a regular basis, at least
kurangnya satu kali setiap empat bulan. Rapat ini menjadi          once every four months. These meetings serve as a strategic
sarana komunikasi strategis untuk memastikan keselarasan           communication channel to ensure alignment of policy direction
arah kebijakan dan efektivitas pelaksanaan pengawasan serta        and effective implementation of supervision and management
pengelolaan Perseroan.                                             of the Company.

Tingkat Kehadiran Anggota Dewan Komisaris dan Direksi              Attendance Rate of Board of Commissioners and Board
dalam Rapat                                                        of Directors Members at Meetings
Pada tahun 2025, Perseroan telah melaksanakan 6 (enam) kali        In 2025, the Company held 6 (six) joint meetings between the
rapat gabungan antara Dewan Komisaris dan Direksi dengan           Board of Commissioners and the Board of Directors with the
uraian tingkat kehadiran sebagai berikut:                          following attendance rates:


               Nama                      Jabatan                Jumlah Pertemuan            Kehadiran        Tingkat Kehadiran (%)
               Name                      Position               Number of Meetings          Attendance        Attendance Rate (%)

 Rudy*                        Presiden Komisaris                          3                      3                    100%
                              President Commissioner

 R. Nunu Soetjahja Noegroho   Komisaris Independen                        6                      6                     100
                              Independent Commissioner




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                 Nama                            Jabatan                  Jumlah Pertemuan             Kehadiran           Tingkat Kehadiran (%)
                 Name                            Position                 Number of Meetings           Attendance           Attendance Rate (%)

 Margono Tanuwijaya*                  Komisaris Independen                          2                        2                      100
                                      Independent Commissioner

 Thomas Junaidi Alim Wijaya           Komisaris                                     6                        6                      100%
                                      Commissioner

 Siswadi                              Presiden Direktur                             6                        6                      100
                                      President Director

 Indra Gunawan                        Direktur                                      6                        6                      100
                                      Director

 Setia Budi                           Direktur                                      6                        6                      100
                                      Director

 Sri Harjati                          Direktur                                      6                        6                      100
                                      Director

 Valentina Chai Wei Li                Direktur                                      6                        6                      100
                                      Director

 Daniel Hartono                       Direktur                                      6                        6                      100
                                      Director
*)	Kehadiran Beliau dalam rapat Dewan Komsiaris dihitung sejak Beliau dinyatakan lulus uji kemampuan dan kepatutan sebagai Presiden Komisaris yaitu
     pada 25 Juli 2025.
**)	Kehadiran Beliau dalam rapat Dewan Komsiaris dihitung sejak Beliau dinyatakan lulus uji kemampuan dan kepatutan sebagai Komisaris Independen
     yaitu pada 4 Agustus 2025.

*)	His attendance at Board of Commissioners meetings is counted from the date he passed the Fit and Proper test as President Commissioner, which was
     on July 25, 2025.
**)	His attendance at the Board of Commissioners meeting is counted from the date passed the Fit and Proper test as an Independent Commissioner,
     which was on August 4, 2025.


Agenda Rapat Gabungan                                                        Joint Meeting Agenda
Berikut ini adalah topik-topik prioritas yang menjadi agenda                 The following are the priority topics to be discussed in the
pembahasan dalam Rapat Dewan Komisaris selama tahun 2025:                    Board of Commissioners meetings during 2025:


               Tanggal
                                                                                        Agenda
                Date

 27 Februari 2025                 •    Laporan Komite Audit Q4 2024 kepada Dewan Komisaris
 February 27, 2025                •    Laporan Komite Pemantau Risiko Q4 2024 kepada Dewan Komisaris
                                  •    Pembahasan Company Performance per 31 Desember 2024
                                  •    Review Laporan Profil Risiko Terintegrasi Semester II 2024
                                  •    Review Laporan Pelaksanaan Tata Kelola Terintegrasi Semester II 2024
                                  •    Review Laporan Penilaian Sendiri Tingkat Kesehatan Tahun 2024

                                  •    Audit Committee Report for Q4 2024 to the Board of Commissioners
                                  •    Risk Monitoring Committee Report for Q4 2024 to the Board of Commissioners
                                  •    Discussion of Company Performance as of December 31, 2024
                                  •    Review of the Integrated Risk Profile Report for the Second Semester of 2024
                                  •    Review of the Integrated Governance Implementation Report for Semester II 2024
                                  •    Review of the 2024 Soundness Level Self-Assessment Report




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   Performance Highlights        Management Report                Company Profile




            Tanggal
                                                                             Agenda
             Date

 30 April 2025              •   Laporan Komite Audit Q1 2025
 April 30, 2025             •   Laporan Komite Pemantau Risiko Q1 2025
                            •   Pembahasan Company Performance Q1 2025
                            •   Laporan Komite Nominasi dan Remunerasi: update susunan Direksi & Dewan Komisaris berdasarkan
                                RUPS dan Susunan Komite Audit, Komite Pemantau Risiko, dan Komite Nominasi & Remunerasi
                            •   Laporan atas Evaluasi KAP Tahun 2024 dan Penunjukan KAP Tahun 2025

                            •   Audit Committee Report Q1 2025
                            •   Risk Monitoring Committee Report Q1 2025
                            •   Discussion of Company Performance Q1 2025
                            •   Nomination and Remuneration Committee Report: update on the composition of the Board of Directors
                                & Board of Commissioners based on the General Meeting of Shareholders and the Composition of the
                                Audit Committee, Risk Monitoring Committee, and Nomination & Remuneration Committee
                            •   Report on the Evaluation of the KAP for 2024 and the Appointment of the KAP for 2025

 24 Juni 2025               •   GCG Update Terkait Direksi & Dewan Komisaris
 June 24, 2025              •   Pembahasan APU PPT dan PPPSPM termasuk DTTOT dan PEP Semester I 2025
                            •   Laporan Internal Audit Semester I 2025
                            •   Laporan Pengendalian Fraud Semester I 2025
                            •   Laporan Pelaksanaan Perlindungan Konsumen termasuk Pelaporan tentang Literasi dan Inklusi
                                Semester I 2025

                            •   GCG Update Related to the Board of Directors & Board of Commissioners
                            •   Discussion of AML-CFT and CPF including List of Suspected Terrorists and Terrorist Organizations
                            •   (DTTOT) and Politically Exposed Person (PEP) for the First Semester of 2025
                            •   Internal Audit Report for the First Semester of 2025
                            •   Fraud Control Report for the First Semester of 2025
                            •   Consumer Protection Implementation Report including Reporting on Literacy and Inclusion for the First
                                Semester of 2025

 29 Juli 2025               •   Laporan Komite Audit Q2 2025
 July 29, 2025              •   Laporan Komite Pemantau Risiko Q2 2025
                            •   Pembahasan Company Performance Q2 2025
                            •   Laporan KNR: Laporan Pengembangan Kompetensi Direksi & Dewan Komisaris
                            •   Review Laporan Pelaksanaan Tata Kelola Terintegrasi Semester I 2025
                            •   Review Laporan Profil Risiko Terintegrasi Semester I 2025

                            •   Audit Committee Report Q2 2025
                            •   Risk Monitoring Committee Report Q2 2025
                            •   Discussion of Company Performance Q2 2025
                            •   Nomination and Remuneration Committee Report: Report on the Development of the Competencies of
                                the Board of Directors & Board of Commissioners
                            •   Review of the Integrated Governance Implementation Report for the First Semester of 2025
                            •   Review of the Integrated Risk Profile Report for the First Semester of 2025

 23 Oktober 2025            •   Laporan Komite Audit Q3 2025
 October 23, 2025           •   Laporan Komite Pemantau Risiko Q3 2025
                            •   Pembahasan Company Performance Q3 2025

                            •   Audit Committee Report Q3 2025
                            •   Risk Monitoring Committee Report Q3 2025
                            •   Discussion of Company Performance Q3 2025




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          Tanggal
                                                                               Agenda
           Date

 12 Desember 2025             •   Laporan Eksternal Auditor kepada BOC
 December 12, 2025            •   Laporan Internal Audit Semester II 2025
                              •   Pembahasan APU PPT dan PPPSPM termasuk DTTOT dan PEP Semester II 2025
                              •   Laporan Pengendalian Fraud Semester II 2025
                              •   Laporan Pelaksanaan Perlindungan Konsumen termasuk Pelaporan tentang Literasi dan Inklusi
                                  Semester II 2025
                              •   Laporan KNR: Approval in bonus pay out
                              •   Laporan Rencana Bisnis Tahunan 2026: RKAT, Rencana Bisnis Tahunan, termasuk Rencana
                                  Pengembangan Teknologi Informasi
                              •   Evaluasi Kinerja Komite sesuai ketentuan POJK 48/2024
                              •   Penetapan Jadwal Rapat Dewan Komisaris tahun 2026

                              •   External Auditor's Report to the Board of Commissioners
                              •   Internal Audit Report for the Second Semester of 2025
                              •   Discussion of AML-CFT and CPF including List of Suspected Terrorists and Terrorist Organizations
                              •   (DTTOT) and Politically Exposed Person (PEP) for the Second Semester of 2025
                              •   Fraud Control Report for the Second Semester of 2025
                              •   Report on the Implementation of Consumer Protection, including Reporting on Literacy and Inclusion
                                  for the Second Semester of 2025
                              •   Nomination and Remuneration Committee Report: Approval of Bonus Payout
                              •   Annual Business Plan Report for 2026: Annual Work Plan and Budget (RKAT), Annual Business Plan,
                                  including Information Technology Development Plan
                              •   Performance Evaluation of the Committee in accordance with POJK 48/2024
                              •   Setting the Schedule for the Board of Commissioners Meeting in 2026


Rapat yang Dijadwalkan pada Tahun 2026                               Scheduled Meetings in 2026
Agenda rapat Dewan Komisaris tahun 2026 pada prinsipnya              The agenda for the 2026 Board of Commissioners meetings, in
masih mengacu pada agenda rapat tahun 2025. Namun                    principle, will still refer to the 2025 meeting agenda. However,
demikian, agenda tersebut dapat disesuaikan apabila terdapat         the agenda may be adjusted if there are changes in regulations
perubahan regulasi atau kebijakan eksternal yang memerlukan          or external policies that require the special attention of the
perhatian khusus Dewan Komisaris.                                    Board of Commissioners.

Dewan Komisaris telah menetapkan rencana pelaksanaan                 The Board of Commissioners has established a meeting
rapat untuk tahun 2026 sebagai bagian dari komitmen                  schedule for 2026 as part of its commitment to performing
dalam menjalankan fungsi pengawasan secara efektif,                  its supervisory functions effectively, continuously, and in
berkesinambungan, dan selaras dengan ketentuan peraturan             accordance with applicable laws and regulations. Through
perundang-undangan yang berlaku. Melalui pelaksanaan rapat           regular meetings and joint meetings with the Board of Directors,
berkala serta rapat gabungan dengan Direksi, Dewan Komisaris         the Board of Commissioners will continue to ensure that all
akan terus memastikan bahwa seluruh kebijakan dan keputusan          the Company’s policies and strategic decisions are carried
strategis Perseroan dijalankan berdasarkan prinsip kehati-           out based on the principles of prudence, accountability,
hatian, akuntabilitas, transparansi, dan kepatuhan (compliance).     transparency, and compliance.


Program Pelatihan dan Peningkatan Kompetensi Dewan Komisaris Tahun 2025
Board of Commissioners Training and Competency Development Program for 2025


Kebijakan Pelatihan dan Pengembangan Kompetensi                      Board of Commissioners Training and Competency
Dewan Komisaris                                                      Development Policy
Dalam rangka menjaga efektivitas tata kelola dan memastikan          To maintain the effectiveness of governance and manage
keberlanjutan kinerja pengawasan, Perseroan menerapkan               the sustainability of supervisory performance, the Company
kebijakan pelatihan dan pengembangan kompetensi bagi                 implements a training and competency development policy
Dewan Komisaris. Kebijakan ini dimaksudkan untuk memastikan          for the Board of Commissioners. This policy is intended to
seluruh anggota Dewan Komisaris memiliki pemahaman yang              ensure that all members of the Board of Commissioners have




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   Performance Highlights                Management Report                   Company Profile




mutakhir terhadap dinamika industri, kebijakan korporasi, serta               an up-to-date understanding of industry dynamics, corporate
prinsip keberlanjutan usaha.                                                  policies, and business sustainability principles.

Sebagai bagian dari implementasi kebijakan tersebut, Perseroan                As part of the implementation of this policy, the Company
mendorong partisipasi aktif setiap anggota Dewan Komisaris                    encourages the active participation of each member of the
dalam berbagai kegiatan pengembangan kompetensi melalui                       Board of Commissioners in various competency development
pelatihan, seminar, maupun workshop, baik di tingkat nasional                 activities through training, seminars, and workshops, both at
maupun internasional.                                                         the national and international levels.

Daftar Pelatihan dan Pengembangan Kompetensi                                  List of Board of Commissioners Competency
Dewan Komisaris Tahun 2025                                                    Development and Training Programs for 2025
Sepanjang tahun 2025, anggota Dewan Komisaris Perseroan                       Throughout 2025, members of the Company’s Board of
telah mengikuti berbagai program pelatihan dan pengembangan                   Commissioners have participated in various competency
kompetensi yang diselenggarakan baik secara internal maupun                   development and training programs conducted both internally
eksternal, dengan rincian sebagai berikut:                                    and externally, with the following details:


                                                                                                                   Tanggal
             Nama                             Jabatan                           Jenis Pelatihan                                     Penyelenggara
                                                                                                                 Pelaksanaan
             Name                             Position                          Type of Training                                      Organizer
                                                                                                                     Date

 Rudy*                             Presiden Komisaris               Seminar Nasional "Will Trade War             6 Mei 2025               APPI
                                   President Commissioner           Create Financial Turmoil?"                   May 6, 2025
                                                                    Will Trade War Create Financial
                                                                    Turmoil?" National Seminar

 R. Nunu Soetjahja Noegroho        Komisaris Independen             Seminar Nasional "Will Trade War             6 Mei 2025               APPI
                                   Independent Commissioner         Create Financial Turmoil?"                   May 6, 2025
                                                                    Will Trade War Create Financial
                                                                    Turmoil?" National Seminar

 Margono Tanuwijaya**              Komisaris Independen             International Seminar "Global,                11 Juli 2025            APPI
                                   Independent Commissioner         ASEAN and Indonesia Challenges to            July 11, 2025
                                                                    Indonesia Economy"

 Thomas Junaidi Alim Wijaya        Komisaris                         Seminar Nasional "Will Trade War            6 Mei 2025               APPI
                                   Independent Commissioner          Create Financial Turmoil?"                  May 6, 2025
                                                                     "Will Trade War Create Financial
                                                                     Turmoil?" National Seminar


*)	Diangkat sebagai Presiden Komisaris Perseroan pada 21 April 2025 dan efektif menjabat setelah dinyatakan lulus uji penilaian kemampuan dan
     kepatutan dari OJK per 25 Juli 2025.
**)	Diangkat sebagai anggota Dewan Komisaris Perseroan pada 21 April 2025 dan efektif menjabat setelah dinyatakan lulus uji penilaian kemampuan dan
     kepatutan dari OJK per 4 Agustus 2025.

*) Appointed as President Commissioner of the Company on April 21, 2025 and effective after passing the OJK’s fit and proper test on July 25, 2025.
**)	Appointed as a member of the Company’s Board of Commissioners on April 21, 2025, and effective after passing the OJK’s fit and proper test on
     August 4, 2025.


Sertifikasi Dasar di Bidang Pembiayaan bagi Dewan                             Basic Certification in Financing for the Board of
Komisaris                                                                     Commissioners
Dalam rangka menjaga standar kompetensi dan kepatuhan                         In order to maintain competency standards and compliance
terhadap ketentuan regulator, selain mengikuti program                        with the regulatory requirements of the Financial Services
pengembangan kompetensi secara berkelanjutan, seluruh                         Authority (OJK), in addition to participating in ongoing
anggota Dewan Komisaris Perseroan juga telah mengikuti                        competency development programs, all members of the
program sertifikasi profesi wajib sebagaimana diatur dalam                    Company’s Board of Commissioners have also participated
POJK No. 35/POJK.05/2018 tentang Penyelenggaraan                              in mandatory professional certification programs as stipulated
Usaha Perusahaan Pembiayaan. Terkait hal ini, Perseroan                       in POJK No. 35/POJK.05/2018 concerning the Operation of
menyampaikan bahwa seluruh anggota Dewan Komisaris                            Financing Companies. In this regard, the Company states that all




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telah memiliki sertifikat tingkat dasar di bidang pembiayaan        members of the Board of Commissioners have obtained basic-
dari lembaga yang ditunjuk oleh asosiasi, dengan uraian             level certification in financing from an institution designated
sebagai berikut:                                                    by the association, as detailed below:


             Nama                             Jabatan                     Penyelenggara                       Tanggal
             Name                             Position                   Issuing Institution                   Date

 Rudy                            Presiden Komisaris                            SPPI                        31 Maret 2023
                                 President Commissioner                                                    March 31, 2023

 R. Nunu Soetjahja Noegroho      Komisaris Independen                          SPPI                       24 Oktober 2018
                                 Independent Commissioner                                                 October 24, 2018

 Margono Tanuwijaya              Komisaris Independen                          SPPI                      26 September 2017
                                 Independent Commissioner                                                September 26, 2017

 Thomas Junaidi Alim Wijaya      Komisaris                                     SPPI                          4 Juli 2024
                                 Commissioner                                                               July 4, 2024



Program Orientasi bagi Komisaris Baru Tahun 2025
Orientation Program for New Commissioners in 2025


Pedoman Dewan Komisaris mengatur bahwa setiap Komisaris             The Board of Commissioners’ guidelines stipulate that
yang baru diangkat wajib mengikuti Program Orientasi atau           every newly appointed Commissioner must participate in
Induksi. Program ini bertujuan agar anggota Dewan Komisaris         an Orientation or Induction Program. This program aims to
yang baru dapat memahami kondisi dan kegiatan usaha                 enable new members of the Board of Commissioners to gain
Perseroan secara menyeluruh, serta memperkuat kerja sama            a comprehensive understanding of the Company’s conditions
tim yang solid, komprehensif, dan efektif, sehingga pelaksanaan     and activities, as well as to strengthen solid, comprehensive,
tugas dan tanggung jawab pengawasan dapat dilakukan                 and effective teamwork, allowing supervisory duties and
secara optimal.                                                     responsibilities to be performed optimally.


Laporan Realisasi Pelaksanaan Tugas dan Fokus Pengawasan Dewan Komisaris Tahun 2025
Report on the Implementation of Duties and Focus of Supervision by the Board of Commissioners
in 2025


Sepanjang tahun 2025, Dewan Komisaris telah menjalankan             Throughout 2025, the Board of Commissioners of has optimally
peran pengawasan dan pemberian nasihat kepada Direksi               carried out its supervisory and advisory roles to the Board
secara optimal sesuai dengan fungsi, tugas, dan tanggung            of Directors in accordance with its functions, duties, and
jawabnya. Pelaksanaan tugas tersebut diuraikan sebagai berikut:     responsibilities. The implementation of these duties is described
                                                                    as follows:
1. Memberikan masukan dan rekomendasi atas rencana                  1. Providing input and recommendations on the Company’s
   strategis Perseroan (termasuk rencana kerja tahunan) yang            strategic plans (including annual work plans) submitted by
   diajukan Direksi;                                                    the Board of Directors;
2. Mengawasi pelaksanaan prinsip-prinsip Tata Kelola                2. Supervising the implementation of Good Corporate
   Perusahaan yang Baik dalam aktivitas bisnis Perseroan;               Governance principles in the Company’s business activities;
3. Mengawasi dan menasehati Direksi Perseroan                       3. Monitoring and advising the Company’s Board of
   mengenai risiko bisnis dan upaya manajemen atas                      Directors on business risks and management efforts on
   pengendalian internal;                                               internal control;
4. Memberikan pertimbangan setiap keputusan Direksi yang            4. Providing consideration for every decision of the Board
   membutuhkan persetujuan Dewan Komisaris berdasarkan                  of Directors that requires the approval of the Board of
   ketentuan Anggaran Dasar;                                            Commissioners based on the provisions of the Articles
                                                                        of Association;



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5. Memberikan laporan tugas pengawasan pada Laporan              5. Submitting a supervisory report in the Annual Report
   Tahunan (termasuk Laporan Tata Kelola Perusahaan yang            (including the Good Corporate Governance Report) and
   Baik) dan untuk menilai serta menyetujui Laporan Tahunan;        assessing and approving the Annual Report;
6. Memastikan bahwa Direksi Perseroan telah menindaklanjuti      6. Ensuring that the Company’s Board of Directors has followed
   temuan audit dan memberikan rekomendasi kepada satuan            up on audit findings and provided recommendations to
   kerja audit internal Perseroan, auditor eksternal, hasil         the Company’s internal audit unit, external auditors, OJK
   pengawasan OJK dan/atau hasil pengawasan otoritas lain;          supervision results and/or other authority supervision results;
7. Melakukan penilaian kinerja Komite di Bawah                   7. Conducting performance assessments of the Committees
   Dewan Komisaris.                                                 under the Board of Commissioners.


Keputusan Direksi Selama Tahun 2025 yang Memerlukan Persetujuan Dewan Komisaris
Board of Directors’ Decisions During 2025 Requiring Approval from the Board of Commissioners


Dalam menjalankan fungsi pengawasan dan pemberian                In performing its supervisory and advisory functions to the
nasihat kepada Direksi, Dewan Komisaris turut berperan           Board of Directors, the Board of Commissioners also plays a
dalam memberikan persetujuan terhadap keputusan-                 role in approving strategic decisions that have the potential
keputusan strategis yang berpotensi berdampak signifikan         to significantly impact the Company’s business activities and
terhadap kegiatan usaha maupun posisi keuangan Perseroan.        financial position. This approval is a form of implementing
Persetujuan ini merupakan bentuk implementasi prinsip            the principle of prudence and collegial responsibility in good
kehati-hatian serta tanggung jawab kolegial dalam tata kelola    corporate governance.
perusahaan yang baik.

Berikut ini adalah daftar keputusan Direksi yang wajib           The following is a list of Board of Directors’ decisions that
memperoleh persetujuan terlebih dahulu dari Dewan Komisaris:     must obtain prior approval from the Board of Commissioners:
1. Membeli atau memperoleh dengan cara apapun, menjual           1. Purchasing or acquiring in any manner, selling, or otherwise
   atau dengan cara lain mengalihkan barang tidak bergerak,         transferring immovable property, including land rights, if the
   termasuk hak atas tanah, apabila pembelian, penjualan atau       purchase, sale, or transfer exceeds the amount determined
   peralihan tersebut melebihi jumlah yang ditetapkan oleh          by the Board of Commissioners Meeting;
   Rapat Dewan Komisaris;
2. Menerima pinjaman uang dari siapapun, apabila jumlah dan      2. Accepting loans from anyone, if the amount and term of
   jangka waktu pinjaman tersebut melebihi jumlah dan jangka        the loan exceed the amount and term determined by the
   waktu yang ditetapkan oleh Rapat Dewan Komisaris (tidak          Board of Commissioners Meeting (excluding withdrawing
   termasuk mengambil uang Perseroan di bank);                      the Company’s money from the bank);
3. Memberi pinjaman uang atau mengalihkan piutang                3. Granting loans or transferring the Company’s receivables
   Perseroan kepada siapapun, kecuali untuk kegiatan usaha          to anyone, except for the Company’s day-to-day business
   sehari-hari Perseroan, dan/atau apabila jumlah dan jangka        activities, and/or if the amount and term of the loan or
   waktu pinjaman atau piutang tersebut melebihi jumlah dan         receivables exceed the amount and term determined by
   jangka waktu yang ditetapkan oleh Rapat Dewan Komisaris;         the Board of Commissioners Meeting;
4. Memberi jaminan atau penggantian kerugian atas hutang         4. Providing guarantees or compensation for debts for the
   untuk kepentingan seseorang, badan hukum atau                    benefit of a person, legal entity or company, if the amount
   perseroan, apabila jumlah dan jangka waktu jaminan atau          and term of the guarantee or compensation exceed the
   ganti rugi tersebut melebihi jumlah yang ditetapkan oleh         amount determined by the Board of Commissioners Meeting;
   Rapat Dewan Komisaris;
5. Mengagunkan harta kekayaan Perseroan dengan cara              5. Pledging the Company’s assets in any manner, if the
   apapun, apabila jumlah dan jangka waktu agunan tersebut          amount and term of the pledge exceed the amount and
   melebihi jumlah dan jangka waktu yang ditetapkan oleh            term determined by the Board of Commissioners Meeting;
   Rapat Dewan Komisaris;




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6. Mendirikan perseroan baru atau turut serta dalam perseroan       6. Establishing a new company or participating in another
   lain, atau meningkatkan atau melepaskan penyertaan                  company, or increasing or releasing capital participation
   modal atau mengalihkan atau melepaskan hak atas                     or transferring or releasing rights to companies, including
   perusahaanperusahaan, termasuk tetapi tidak terbatas                but not limited to actions to transfer or not use pre-emptive
   tindakan mengalihkan atau tidak menggunakan hak                     rights to take or purchase shares, both domestically and
   terlebih dahulu untuk mengambil atau membeli saham (pre-            abroad, if the amount of participation, or increase or release
   emptive right), baik di dalam maupun di luar negeri, apabila        of capital participation, or transfer or release of rights over
   jumlah penyertaan, atau peningkatan atau pelepasan                  these companies exceeds the amount determined by the
   penyertaan modal, atau pengalihan atau pelepasan hak                Board of Commissioners Meeting;
   atas perusahaan-perusahaan tersebut melebihi jumlah
   yang ditetapkan oleh Rapat Dewan Komisaris;
7. Membuat perjanjian sewa barang bergerak atau barang              7. Enter into agreements for the lease of movable or immovable
   tidak bergerak (termasuk operating dan finance lease                property (including operating and finance lease agreements),
   agreement), kecuali untuk kegiatan usaha sehari-hari                except for the Company’s daily business activities, if the
   Perseroan, apabila jumlah dan jangka waktu sewa tersebut            amount and term of the lease exceed the amount and
   melebihi jumlah dan jangka waktu yang ditetapkan oleh               term determined by the Board of Commissioners Meeting;
   Rapat Dewan Komisaris;
8. Membuat atau mengakhiri atau membatalkan perjanjian              8. Entering into, terminating, or cancelling management
   manajemen (management agreement) dan/atau perjanjian                agreements and/or agreements concerning intellectual
   mengenai hak atas kepemilikan intelektual (intellectal              property rights, including but not limited to technical license
   property rights), termasuk tetapi tidak terbatas perjanjian         agreements, license agreements, and agency agreements;
   bantuan teknik (technical license agreement), perjanjian
   lisensi (license agreement) dan perjanjian keagenan
   (agency agreement);
9. Penetapan rencana kerja dan anggaran tahunan Perseroan.          9. Determining the Company’s annual work plan and budget.




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Komisaris Independen
Independent Commissioners




Komposisi dan Jumlah Komisaris Independen
Composition and Number of Independent Commissioners

Komisaris Independen adalah anggota Dewan Komisaris yang              Independent Commissioners are members of the Board of
berasal dari luar Perseroan serta tidak memiliki hubungan             Commissioners who come from outside the Company and
keuangan, kepengurusan, kepemilikan saham, dan/atau                   have no financial, management, share ownership, and/or family
hubungan keluarga dengan pemegang saham utama, anggota                relationships with majority shareholders, members of the Board
Direksi, maupun anggota Dewan Komisaris lainnya. Keberadaan           of Directors, or other members of the Board of Commissioners.
Komisaris Independen dimaksudkan untuk memastikan                     The existence of Independent Commissioners is intended to
terlaksananya fungsi pengawasan yang objektif dan bebas               ensure the implementation of objective supervision functions
dari potensi benturan kepentingan.                                    that are free from potential conflicts of interest.

Perseroan senantiasa menjamin bahwa Komisaris Independen              The Company always ensures that the Independent
yang menjabat memiliki latar belakang profesional, kompetensi,        Commissioners in office have a professional background,
dan integritas tinggi untuk mendukung pelaksanaan prinsip-            competence, and high integrity to support the implementation of
prinsip tata kelola yang baik. Para Komisaris Independen              good governance principles. The Independent Commissioners
telah menyatakan komitmen untuk melaksanakan tugas dan                have stated their commitment to do their duties and
tanggung jawab secara mandiri, tanpa intervensi atau pengaruh         responsibilities independently, without intervention or influence
dari pihak manapun.                                                   from any party.

Per 31 Desember 2025, komposisi Dewan Komisaris Perseroan             As of December 31, 2025, the composition of the Company’s
terdiri dari 4 (empat) anggota, dengan 2 (dua) di antaranya           Board of Commissioners consists of 4 (four) members, 2 (two)
merupakan Komisaris Independen, atau setara dengan 50%                of whom are Independent Commissioners, or equivalent to
dari total anggota Dewan Komisaris. Komposisi ini telah               50% of the total members of the Board of Commissioners. This
memenuhi ketentuan minimum sebagaimana diatur dalam                   composition meets the minimum requirements as stipulated in
ASEAN Corporate Governance Scorecard, yang mensyaratkan               the ASEAN Corporate Governance Scorecard, which requires
proporsi Komisaris Independen paling sedikit 50% dari total           that Independent Commissioners constitute at least 50% of the
anggota Dewan Komisaris.                                              total members of the Board of Commissioners.

Susunan Komisaris Independen Perseroan yang menjabat per              The composition of the Company’s Independent Commissioners
31 Desember 2025 adalah sebagai berikut:                              as of December 31, 2025, is as follows:


                         Nama                        Jabatan                     Dasar Pengangkatan              Periode Jabatan
 No.
                         Name                        Position                    Basis of Appointment             Term of Office

 1.       R. Nunu Soetjahja Noegroho      Komisaris Independen               19 April 2024 – RUPST 2026                Ke-3
                                          Independent Commissioner           April 19, 2024 – 2026 AGMS                 3rd

 2.       Margono Tanuwijaya              Komisaris Independen               21 April 2025 – RUPST 2026                Ke-1
                                          Independent Commissioner           April 21, 2025 – 2026 AGMS                 1st



Penunjukan Komisaris Independen Perseroan telah                       The appointment of the Company’s Independent Commissioners
dilaksanakan sesuai dengan ketentuan POJK No. 48 Tahun                has been done in accordance with the provisions of POJK No.
2024 (”POJK 48/2024”) tentang Tata Kelola yang Baik Bagi              48 of 2024 (“POJK 48/2024”) concerning Good Governance for
Lembaga Pembiayaan, Perusahaan Modal Ventura, Lembaga                 Financing Institutions, Venture Capital Companies, Microfinance




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Keuangan Mikro, dan Lembaga Jasa Keuang​an Lainnya serta                   Institutions, and Financial Services Institutions and Others, as
POJK 33/2014 tentang Direksi dan Dewan Komisaris Emiten                    well as POJK 33/2014 concerning the Board of Directors and
atau Perusahaan Publik.                                                    Board of Commissioners of Issuers or Public Companies.


Masa Jabatan
Term of Office


Berdasarkan ketentuan Pedoman Dewan Komisaris, Dewan                       Based on the provisions of the Board of Commissioners
Komisaris diangkat berdasarkan RUPS, untuk masa jabatan                    Guidelines, the Board of Commissioners is appointed by the
terhitung sejak keputusan RUPS atas penunjukan dirinya hingga              GMS for a term of office starting from the date of the GMS
penutupan RUPS Tahunan yang ke-dua sejak tanggal tersebut.                 resolution appointing them until the closing of the second
Anggota Dewan Komisaris yang masa jabatannya telah berakhir                Annual GMS thereafter. Members of the Board of Commissioners
dapat ditunjuk kembali oleh RUPS.                                          whose terms of office have expired may be reappointed by
                                                                           the GMS.


Kriteria Penentuan Komisaris Independen
Criteria for Determining Independent Commissioners


Dalam rangka memastikan kepatuhan terhadap ketentuan                       To ensure compliance with applicable laws and regulations, the
peraturan perundang-undangan yang berlaku, Perseroan                       Company confirms that each Independent Commissioner has
memastikan bahwa setiap Komisaris Independen telah                         met all the criteria and individual qualifications as stipulated
memenuhi seluruh kriteria dan kualifikasi individual sebagaimana           in POJK 33/2014, which include:
diatur dalam POJK 33/2014, yang meliputi antara lain:


                                                                                                                 Komisaris Independen
                                        Kriteria Independensi                                                  Independent Commissioner
 No.
                                        Independence Criteria                                        R. Nunu Soetjahja           Margono
                                                                                                         Noegroho               Tanuwijaya

 1.    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 Emiten atau Perusahaan
       Publik pada periode berikutnya.
       Not an individual who works for or has the authority and responsibility to plan, lead,
       control, or supervise the activities of the Issuer or Public Company within the last 6
       (six) months, except for reappointment as an Independent Commissioner of the Issuer
       or Public Company for the next term.

 2.    Tidak mempunyai saham baik langsung maupun tidak langsung pada Emiten atau
       Perusahaan Publik tersebut.
       Does not hold any shares, either directly or indirectly, in the Issuer or Public Company.

 3.    Tidak mempunyai hubungan afiliasi dengan Emiten atau Perusahaan Publik, anggota
       Dewan Komisaris, anggota Direksi, atau pemegang saham utama Emiten atau
       Perusahaan Publik tersebut.
       Has no affiliation with the Issuer or Public Company, members of the Board of
       Commissioners, members of the Board of Directors, or major shareholders of the
       Issuer or Public Company.

 4.    Tidak mempunyai hubungan usaha baik langsung maupun tidak langsung yang
       berkaitan dengan kegiatan usaha Emiten atau Perusahaan Publik tersebut.
       Has no direct or indirect business relationship related to the business activities of the
       Issuer or Public Company.




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Pernyataan Independensi Komisaris Independen
Statement of Independence of Independent Commissioners

Sebagai wujud komitmen terhadap penerapan prinsip                  As a manifestation of their commitment to the application of the
independensi dalam tata kelola perusahaan yang baik, Bapak         principle of independence in good corporate governance, Mr.
R. Nunu Soetjahja Noegroho dan Bapak Margono Tanuwijaya            R. Nunu Soetjahja Noegroho and Mr. Margono Tanuwijaya, as
selaku Komisaris Independen Perseroan telah menyatakan             Independent Commissioners of the Company, have stated that
bahwa keduanya tidak memiliki hubungan afiliasi dalam bentuk       neither of them has any affiliation with members of the Board of
apa pun dengan anggota Direksi, anggota Dewan Komisaris,           Directors, members of the Board of Commissioners, members
anggota Dewan Pengawas Syariah (DPS), maupun pemegang              of the Sharia Supervisory Board (DPS/SSB), or shareholders of
saham Perseroan. Selain itu, keduanya tidak pernah menjabat        the Company. Furthermore, neither of them has ever served or
atau memiliki posisi strategis sebagai anggota Direksi, anggota    held a strategic position as a member of the Board of Directors,
Dewan Komisaris, anggota DPS, atau jabatan satu tingkat di         member of the Board of Commissioners, member of the Sharia
bawah Direksi pada Perseroan maupun pada entitas yang              Supervisory Board, or a position one level below the Board of
memiliki hubungan afiliasi dengan Perseroan, sesuai dengan         Directors at the Company or at entities that have an affiliation
ketentuan peraturan perundang-undangan yang berlaku.               with the Company, in accordance with the provisions of the
                                                                   applicable laws and regulations.


Penilaian Kinerja Komite-Komite di bawah Dewan Komisaris
Performance Assessment of Committees under the Board of Commissioners


Prosedur Penilaian                                                 Assessment Procedures
Sepanjang tahun 2025, pelaksanaan tugas dan fungsi                 Throughout 2025, the Board of Commissioners carried
pengawasan Dewan Komisaris telah berjalan efektif dengan           out its supervisory duties and functions effectively with the
dibantu oleh sejumlah komite pendukung di bawahnya, yaitu          assistance of a number of supporting committees, namely
Komite Audit, Komite Nominasi dan Remunerasi, serta Komite         the Audit Committee, the Nomination and Remuneration
Pemantau Risiko. Dewan Komisaris mengukur kinerja ketiga           Committee, and the Risk Monitoring Committee. The Board
komite tersebut sesuai dengan prosedur dan standar penilaian       of Commissioners measures the performance of these three
yang telah ditetapkan bersama di awal tahun, serta juga            committees in accordance with the assessment procedures
mengacu pada kelancaran pelaksanaan tugas dan tanggung             and standards established at the beginning of the year, as
jawab setiap komite sesuai dengan yang tercantum dalam             well as referring to the proper implementation of the duties
pedoman kerja masing-masing komite.                                and responsibilities of each committee as stated in the work
                                                                   guidelines of each committee.

Indikator Penilaian                                                Assessment Indicators
Kriteria penilaian yang digunakan Dewan Komisaris dalam            The assessment criteria used by the Board of Commissioners
mengevaluasi kinerja komite-komite tersebut setidaknya             in evaluating the performance of these committees include, at
meliputi kontribusi komite di dalam proses pengambilan             a minimum, the contribution of the committees in the decision-
keputusan dan pemberian rekomendasi Dewan Komisaris                making process and the provision of recommendations
terhadap Direksi, efektivitas pelaksanaan tugas dan tanggung       by the Board of Commissioners to the Board of Directors,
jawab yang diberikan oleh Dewan Komisaris kepada masing-           the effectiveness of the implementation of the duties and
masing komite, pemenuhan aspek kompetensi setiap anggota           responsibilities assigned by the Board of Commissioners to
komite, dan pelaksanaan rapat komite sesuai ketentuan internal     each committee, the fulfillment of the competency aspects of
yang berlaku.                                                      each committee member, and the implementation of committee
                                                                   meetings in accordance with applicable internal regulations.




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Hasil Penilaian                                                     Assessment Results
A. Komite Audit                                                     A. Audit Committee
   Sepanjang tahun 2025, Komite Audit telah melaksanakan               Throughout 2025, the Audit Committee has optimally
   perannya secara optimal dalam membantu Dewan Komisaris              implemented its role in assisting the Board of Commissioners’
   menjalankan fungsi pengawasan terhadap pengelolaan                  in carrying out its supervisory function over the management
   Perseroan. Komite Audit secara konsisten memberikan                 of the Company. The Audit Committee has consistently
   masukan dan rekomendasi yang konstruktif atas hasil audit           provided constructive input and recommendations
   internal, temuan kepatuhan, serta isu-isu operasional yang          on the results of internal audits, compliance findings,
   memerlukan perhatian khusus dari manajemen.                         and operational issues that require special attention
                                                                       from management.

   Dewan Komisaris menilai bahwa Komite Audit telah                     The Board of Commissioners assessed that the Audit
   menunjukkan kinerja yang efektif dalam mendukung                     Committee had demonstrated effective performance in
   peningkatan kualitas pelaporan keuangan, penguatan                   supporting the improvement of financial reporting quality,
   sistem pengendalian internal, serta dalam memastikan                 strengthening internal control systems, and ensuring the
   terlaksananya audit internal dan eksternal secara                    implementation of independent and objective internal and
   independen dan objektif. Seluruh anggota Komite Audit                external audits. All members of the Audit Committee were
   juga tercatat aktif mengikuti rapat dan diskusi strategis,           also noted to have actively participated in meetings and
   baik di tingkat komite maupun bersama Dewan Komisaris.               strategic discussions, both at the committee level and with
                                                                        the Board of Commissioners.

   Rincian lebih lanjut mengenai kegiatan, frekuensi rapat, dan         Further details regarding the activities, meeting frequency,
   capaian kinerja Komite Audit selama tahun 2025 disajikan             and performance achievements of the Audit Committee
   dalam bagian tersendiri pada Laporan Tahunan ini.                    during 2025 are presented in a separate section of this
                                                                        Annual Report.

B. Komite Nominasi dan Remunerasi                                   B. Nomination and Remuneration Committee
   Selama tahun 2025, Komite Nominasi dan Remunerasi                   During 2025, the Nomination and Remuneration
   telah berperan aktif dalam memberikan dukungan kepada               Committee has played an active role in supporting the
   Dewan Komisaris, khususnya dalam proses penyusunan                  Board of Commissioners, particularly in the process of
   rekomendasi atas calon anggota Dewan Komisaris dan                  preparing recommendations for candidates for the Board
   Direksi, serta dalam perumusan struktur dan besaran                 of Commissioners and Board of Directors, as well as in
   remunerasi yang selaras dengan kinerja dan tanggung                 formulating a remuneration structure and amount that
   jawab masing-masing jabatan.                                        is in line with the performance and responsibilities of
                                                                       each position.

   Dewan Komisaris menilai bahwa Komite Nominasi dan                    The Board of Commissioners considers that the Nomination
   Remunerasi telah menunjukkan dedikasi dan partisipasi                and Remuneration Committee has demonstrated optimal
   yang optimal, baik melalui kehadiran dalam setiap rapat              dedication and participation, both through its attendance
   internal komite maupun dalam rapat gabungan bersama                  at every internal committee meeting and at joint meetings
   Dewan Komisaris.                                                     with the Board of Commissioners.

   Informasi lebih rinci mengenai pelaksanaan rapat serta               More detailed information regarding the implementation of
   laporan atas pelaksanaan tugas dan tanggung jawab                    meetings and reports on the implementation of the duties
   Komite Nominasi dan Remunerasi selama tahun 2025                     and responsibilities of the Nomination and Remuneration
   dapat ditemukan pada bagian tersendiri dalam Laporan                 Committee during 2025 is available in a separate section
   Tahunan ini.                                                         of this Annual Report.




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C. Komite Pemantau Risiko                                       C. Risk Monitoring Committee
   Sepanjang tahun 2025, Komite Pemantau Risiko telah              Throughout 2025, the Risk Monitoring Committee has
   menjalankan perannya secara efektif dalam membantu              effectively carried out its role in assisting the Board of
   Dewan Komisaris mengawasi penerapan fungsi manajemen            Commissioners in supervising the implementation of risk
   risiko di Perseroan, khususnya dalam memastikan                 management functions in the Company, particularly in
   penerapan prinsip GCG pada seluruh aspek kegiatan usaha,        ensuring the application of GCG principles in all aspects of
   serta tersedianya sistem manajemen risiko yang memadai.         business activities, as well as the availability of an adequate
                                                                   risk management system.

   Komite Pemantau Risiko juga telah menunjukkan partisipasi        The Risk Monitoring Committee also actively participated in
   aktif dalam seluruh rapat internal komite maupun rapat           all internal committee meetings and joint meetings with the
   bersama Dewan Komisaris selama tahun pelaporan 2025.             Board of Commissioners during the 2025 reporting year.

   Uraian lebih lanjut mengenai pelaksanaan rapat serta             Further details regarding the conduct of meetings and
   laporan atas pelaksanaan tugas dan tanggung jawab                reports on the performance of duties and responsibilities of
   Komite Pemantau Risiko selama tahun 2025 disajikan               the Risk Monitoring Committee during 2025 are presented
   secara terpisah dalam Laporan Tahunan ini.                       separately in this Annual Report.




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Direksi                                      Direksi merupakan organ utama dalam struktur tata kelola
                                             Perseroan yang bertanggung jawab penuh atas perencanaan,
Board of Directors                           pengelolaan, dan pengurusan seluruh kegiatan Perseroan,
                                             untuk memastikan tercapainya tujuan dan kepentingan
                                             Perseroan. Selain melaksanakan fungsi manajerial, Direksi juga
                                             memiliki wewenang resmi untuk mewakili Perseroan, baik di
                                             dalam maupun di luar pengadilan, sebagaimana diatur dalam
                                             Anggaran Dasar Perseroan.
                                             The Board of Directors is the main governing body in the Company's
                                             governance structure, fully responsible for planning, managing, and
                                             administering all of the Company's activities to ensure the achievement
                                             of the Company's objectives and interests. In addition to performing
                                             managerial functions, the Board of Directors also has the official authority
                                             to represent the Company, both in and out of court, as stipulated in the
                                             Company's Articles of Association.


Pedoman Kerja Direksi
Board of Directors Work Guidelines

Dalam menjalankan tugas dan tanggung jawabnya, setiap             In carrying out their duties and responsibilities, each member
anggota Direksi wajib berpedoman pada Pedoman Kerja               of the Board of Directors is required to adhere to the Board
Direksi dengan perubahan terakhir diterapkan pada tanggal         of Directors’ Work Guidelines, with the latest amendments
20 Desember 2017. Pedoman ini disusun untuk memastikan            implemented on December 20, 2017. These guidelines are
seluruh aktivitas Direksi sejalan dengan Anggaran Dasar           designed to ensure that all activities of the Board of Directors
Perseroan, Undang-Undang Perseroan Terbatas, serta peraturan      are in line with the Company’s Articles of Association, the
perundang-undangan terkait sekaligus mendukung penerapan          Limited Liability Company Law, and related laws and regulations,
prinsip-prinsip GCG.                                              while also supporting the implementation of GCG principles.


Tugas, Wewenang, dan Tanggung Jawab
Duties, Authorities, and Responsibilities


Tugas Direksi                                                     Duties of the Board of Directors
Dalam melaksanakan fungsi pengurusan, setiap anggota Direksi      In performing their management functions, each member of the
wajib bertindak dengan itikad baik, penuh tanggung jawab, dan     Board of Directors must act in good faith, with full responsibility,
keputusan yang bijaksana untuk kepentingan Perseroan, sambil      and make prudent decisions for the benefit of the Company,
memperhatikan kepentingan seluruh pemangku kepentingan.           while taking into account the interests of all stakeholders.
Berdasarkan ketentuan Piagam Direksi dan Anggaran Dasar           Based on the provisions of the Board of Directors Charter
Perseroan, ruang lingkup tugas dan tanggung jawab Direksi         and the Company’s Articles of Association, the scope of the
secara kolegial mencakup hal-hal berikut:                         duties and responsibilities of the Board of Directors collectively
                                                                  includes the following:
1. Menyusun visi, misi, dan nilai Perseroan serta rencana         1. Formulating the Company’s vision, mission, and values as
   strategis dalam bentuk rencana korporasi (corporate plan)          well as strategic plans in the form of a corporate plan and
   dan rencana bisnis (business plan);                                business plan;
2. Menetapkan struktur organisasi Perseroan (termasuk fungsi      2. Establishing the Company’s organizational structure
   kepatuhan), lengkap dengan rincian tugas setiap divisi dan         (including compliance functions), complete with details of
   unit usaha;                                                        the duties of each division and business unit;
3. Mengendalikan dan mengembangkan sumber daya yang               3. Controlling and developing the Company’s resources
   dimiliki Perseroan secara efektif dan efisien;                     effectively and efficiently;




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   Performance Highlights               Management Report                  Company Profile




4. Membentuk sistem pengendalian internal dan manajemen                     4. Establishing the Company’s internal control and risk
   risiko Perseroan;                                                            management systems;
5. Melaksanakan tanggung jawab sosial dan lingkungan                        5. Performing the Company’s social and environmental
   Perseroan;                                                                   responsibilities;
6. Memelihara daftar pemegang saham dan daftar pemegang                     6. Maintaining the Company’s shareholder register and special
   saham khusus Perseroan;                                                      shareholder register;
7. Menyusun dan menyediakan laporan keuangan dan laporan                    7. Preparing and providing the Company’s financial reports
   tahunan Perseroan;                                                           and annual reports;
8. Menyelenggarakan RUPS Tahunan dan Luar Biasa sesuai                      8. Organizing Annual and Extraordinary General Meetings
   ketentuan Anggaran Dasar;                                                    of Shareholders in accordance with the provisions of the
                                                                                Articles of Association;
9. Mematuhi seluruh peraturan yang berlaku, Anggaran Dasar,                 9. Complying with all applicable regulations, the Articles of
    dan kebijakan internal Perseroan lainnya yang terkait                       Association, and other internal policies of the Company
    dengan tugasnya; dan                                                        related to its duties; and
10. M e n g e l o l a Pe r s e r o a n s e s u a i w e w e n a n g d a n    10. Managing the Company in accordance with its authority
    tanggung jawabnya.                                                          and responsibilities.

Wewenang Direksi                                                            Authority of the Board of Directors
Direksi memiliki kewenangan untuk mengambil tindakan                        The Board of Directors has the authority to take management
pengurusan atas Perseroan sesuai ketentuan Anggaran Dasar                   actions on behalf of the Company in accordance with the
Perseroan, yang meliputi antara lain hal-hal berikut:                       provisions of the Company’s Articles of Association, which
1. Mewakili dan mengikat Perseroan dengan pihak lain;                       include the following:
                                                                            1. Representing and binding the Company with other parties;
2. Menunjuk satu atau lebih orang sebagai wakil atau kuasa                  2. Appointing one or more persons as representatives or
   untuk melakukan tindakan tertentu berdasarkan surat kuasa;                   proxies to perform certain actions based on a power of
                                                                                attorney;
3. Mengatur dan mengembangkan sumber daya manusia                           3. Managing and developing human resources, including
   termasuk pengangkatan dan pemberhentian karyawan,                            the appointment and dismissal of employees, determining
   penetapan gaji, pensiun atau jaminan hari tua dan                            salaries, pensions or retirement benefits and other
   remunerasi lain bagi karyawan Perseron berdasarkan                           remuneration for Company employees in accordance with
   peraturan perundang-undangan yang berlaku dan/atau                           applicable laws and regulations and/or GMS resolutions.
   keputusan RUPS.

Tanggung Jawab Direksi                                                      Responsibilities of the Board of Directors
Direksi wajib menyampaikan rencana kerja tahunan dan                        The Board of Directors is required to submit an annual work
rencana keuangan untuk tahun buku yang akan datang kepada                   plan and financial plan for the coming fiscal year to the Board
Dewan Komisaris sebelum berakhirnya tahun buku berjalan,                    of Commissioners before the end of the current fiscal year
untuk diperiksa dan disetujui. Selain itu, Direksi bertanggung              for review and approval. In addition, the Board of Directors
jawab menyerahkan laporan tahunan Perseroan yang telah                      is responsible for submitting the Company’s annual report,
disetujui Dewan Komisaris kepada RUPS Tahunan, selambat-                    which has been approved by the Board of Commissioners, to
lambatnya 6 (enam) bulan setelah berakhirnya tahun buku.                    the Annual GMS, no later than 6 (six) months after the end of
                                                                            the fiscal year.


Pembagian Tugas dan Tanggung Jawab Masing-masing Direksi
Division of Duties and Responsibilities of Each Member of the Board of Directors

Direksi bertugas dan bertanggung jawab secara tanggung                      The Board of Directors has joint and several liability, where each
renteng, dimana setiap anggota Direksi melakukan tugasnya                   member of the Board of Directors performs their respective
masing-masing sesuai dengan bidang keahlian dan pengalaman                  duties in accordance with their respective fields of expertise
profesional masing-masing agar pengelolaan Perseroan dapat                  and professional experience so that the management of the
berjalan lebih efektif dan efisien.                                         Company can operate more effectively and efficiently.




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Informasi lebih rinci tentang pembagian tugas masing masing         More detailed information on the division of duties among the
Direksi diuraikan pada tabel berikut ini:                           Board of Directors is outlined in the following table:


           Nama                                   Jabatan                                 Ruang Lingkup dan Tanggung Jawab
           Name                                   Position                                    Scope and Responsibilities

 Siswadi                 Presiden Direktur                                      •    Compliance and Standardization
                         President Director                                     •    Internal Audit
                                                                                •    Corporate Secretary, Legal & Litigation
                                                                                •    Corporate Planning and Communication
                                                                                •    Anti Fraud Management

 Indra Gunawan           Direktur Information Technology, Business              •    Sharia Financing Marketing
                         Development, Corporate Planning, Risk, Customer        •    Information Technology
                         Relation Management, dan Digital                       •    Customer Relationship Management & Digital
                         Director of Information Technology, Business           •    Risk Management
                         Development, Corporate Planning, Risk, Customer        •    Business & Process Development
                         Relationship Management, and Digital

 Setia Budi              Direktur Operation                                     •    Used Motorcycle Financing Marketing
                         Operation Director                                     •    Microfinancing
                                                                                •    Operation:
                                                                                     ɥ Credit, Collateral, Insurance, & Fiducia
                                                                                     ɥ Collection, Remedial & Recovery
                                                                                     ɥ Network & Inventory Management
                                                                                     ɥ Regional Management

 Sri Harjati             Direktur Human Capital, General Support, Corporate     •    Multi Purposed Financing
                         Communication, EHSSR & Sustainability                  •    Human Capital
                         Human Capital, General Support, Corporate              •    General Service, Security, & Building Management
                         Communication, EHSSR & Sustainability Director         •    EHSSR & Sustainability Management

 Valentina Chai Wei Li   Direktur Finance                                       •    Finance and Treasury
                         Finance Director                                       •    Budget, Accounting & Tax

 Daniel Hartono          Direktur Marketing New Motorcycle                      •    New Motorcycle Financing
                         New Motorcycle Marketing Director                      •    Marketing Communication & Control




Masa Jabatan, Prosedur Penunjukan dan Pengangkatan Direksi
Term of Office, Procedures for Appointment and Removal of Directors


Masa jabatan setiap anggota Direksi ditetapkan selama 2 (dua)       The term of office for each member of the Board of Directors is
tahun, terhitung sejak tanggal pengangkatan hingga penutupan        set at 2 (two) years, starting from the date of appointment until the
RUPS Tahunan kedua setelah tanggal pengangkatan tersebut.           closing of the second Annual General Meeting of Shareholders
Sesuai dengan ketentuan yang tercantum dalam Pedoman                after the date of appointment. In accordance with the provisions
Kerja Direksi, masa jabatan anggota Direksi berakhir secara         set forth in the Board of Directors’ Work Guidelines, the term of
otomatis apabila terjadi kondisi-kondisi yang telah ditetapkan      office of a member of the Board of Directors shall automatically
sebagai berikut:                                                    end if the following conditions occur:
1. Mengajukan permohonan pengunduran diri;                          1. Submitting a resignation request;
2. Tidak lagi memenuhi persyaratan perundang-undangan;              2. No longer meeting the legal requirements;
3. Meninggal dunia; dan/atau                                        3. Passed away; and/or
4. Diberhentikan berdasarkan keputusan RUPS.                        4. Being dismissed based on a GMS decision.




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   Performance Highlights              Management Report              Company Profile




Selain mengacu pada kriteria yang telah ditetapkan, RUPS juga          In addition to referring to the established criteria, the GMS also
memiliki wewenang untuk memberhentikan anggota Direksi                 has the authority to dismiss a member of the Board of Directors
sewaktu-waktu dengan alasan tertentu, setelah anggota Direksi          at any time for certain reasons, after the member of the Board of
yang bersangkutan diberikan kesempatan untuk membela diri              Directors concerned has been given the opportunity to defend
dalam RUPS tersebut. Anggota Direksi yang masa jabatannya              themselves at the GMS. Members of the Board of Directors
telah berakhir dapat diangkat kembali sesuai dengan ketentuan          whose terms of office have expired may be reappointed in
yang berlaku.                                                          accordance with applicable regulations.


Susunan, Jumlah, dan Komposisi Anggota Direksi Tahun 2025
Structure, Number, and Composition of Board of Directors Members in 2025


Sepanjang tahun 2025, susunan Direksi Perseroan tidak                  Throughout 2025, the composition of the Company’s Board
mengalami perubahan sehingga tetap dengan komposisi                    of Directors has no change, as follows:
sebagai berikut:

 1 Januari 2025-31 Desember 2025
 January 1, 2025-December 31, 2025


           Nama                    Jabatan                       Dasar Pengangkatan                           Periode Jabatan
           Name                    Position                      Basis of Appointment                          Term of Office

 Siswadi                    Presiden Direktur       Akta Pernyataan Keputusan Rapat Nomor 01         19 April 2024-RUPST 2026 (Ke-1)
                            President Director      Tanggal 02 Mei 2024                              April 19, 2024-2026 AGMS (1st)
                                                    Deed of the Board of Directors' Meeting No. 01
                                                    dated May 2, 2024

 Indra Gunawan              Direktur                Akta Pernyataan Keputusan Rapat Nomor 01         19 April 2024-RUPST 2026 (Ke-6)
                            Director                Tanggal 02 Mei 2024                              April 19, 2024-2026 AGMS (6th)
                                                    Deed of the Board of Directors' Meeting No. 01
                                                    dated May 2, 2024

 Setia Budi                 Direktur                Akta Pernyataan Keputusan Rapat Nomor 01         19 April 2024-RUPST 2026 (Ke-4)
                            Director                Tanggal 02 Mei 2024                              April 19, 2024-2026 AGMS (4th)
                                                    Deed of the Board of Directors' Meeting No. 01
                                                    dated May 2, 2024

 Sri Harjati                Direktur                Akta Pernyataan Keputusan Rapat Nomor 01         19 April 2024-RUPST 2026 (Ke-3)
                            Director                Tanggal 02 Mei 2024                              April 19, 2024-2026 AGMS (3rd)
                                                    Deed of the Board of Directors' Meeting No. 01
                                                    dated May 2, 2024

 Valentina Chai Wei Li      Direktur                Akta Pernyataan Keputusan Rapat Nomor 01         19 April 2024-RUPST 2026 (Ke-2)
                            Director                Tanggal 02 Mei 2024                              April 19, 2024-2026 AGMS (2nd)
                                                    Deed of the Board of Directors' Meeting No. 01
                                                    dated May 2, 2024

 Daniel Hartono             Direktur                Akta Pernyataan Keputusan Rapat Nomor 01         19 April 2024-RUPST 2026 (Ke-2)
                            Director                Tanggal 02 Mei 2024                              April 19, 2024-2026 AGMS (2nd)
                                                    Deed of the Board of Directors' Meeting No. 01
                                                    dated May 2, 2024




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Penilaian Uji Kemampuan dan Kepatutan Direksi
Assessment of the Board of Directors’ Fit and Proper Test

Perseroan memastikan seluruh anggota Direksi yang menjabat               The Company ensures that all members of the Board of
telah memenuhi seluruh persyaratan dan lulus uji kepatutan               Directors in office have met all requirements and passed the
dan kelayakan (fit and proper test) yang diselenggarakan oleh            fit and proper test conducted by the OJK, as stipulated in POJK
OJK, sebagaimana yang ditentukan dalam POJK 33/2014 dan                  33/2014 and POJK 27/2016.
POJK 27/2016.

Informasi lebih lanjut mengenai hasil penilaian tersebut disajikan       Further information regarding the results of the assessment is
pada tabel di bawah ini:                                                 presented in the table below:


           Nama                 Jabatan                     Pelaksana                    Hasil        Tanggal Efektif Berdasarkan Surat OJK
           Name                 Position                    Organizer                    Result         Effective Date Based on FSA Letter

 Siswadi                  Presiden Direktur       Otoritas Jasa Keuangan                 Lulus                    19 Juli 2024
                          President Director      Financial Services Authority          Passed                    July 19, 2024

 Indra Gunawan            Direktur                Otoritas Jasa Keuangan                 Lulus                    28 Mei 2014
                          Director                Financial Services Authority          Passed                    May 28, 2014

 Setia Budi               Direktur                Otoritas Jasa Keuangan                 Lulus                     5 Juli 2019
                          Director                Financial Services Authority          Passed                    July 5, 2019

 Sri Harjati              Direktur                Otoritas Jasa Keuangan                 Lulus                  3 Agustus 2020
                          Director                Financial Services Authority          Passed                  August 3, 2020

 Valentina Chai Wei Li    Direktur                Otoritas Jasa Keuangan                 Lulus                 8 September 2023
                          Director                Financial Services Authority          Passed                 September 8, 2023

 Daniel Hartono           Direktur                Otoritas Jasa Keuangan                 Lulus                 8 September 2023
                          Director                Financial Services Authority          Passed                 September 8, 2023




Rangkap Jabatan Direksi
Concurrent Position of the Board of Directors


Pedoman Kerja Direksi menguraikan secara rinci ketentuan                 The Board of Directors’ Work Guidelines detail the provisions
mengenai larangan rangkap jabatan yang berlaku bagi anggota              regarding the prohibition of concurrent positions applicable
Direksi baik di Emiten/Perusahaan Publik/perusahaan lain guna            to members of the Board of Directors, whether in Issuers/
memastikan pelaksanaan tugas dan tanggung jawab Direksi                  Public Companies/other companies, to ensure that the duties
berjalan secara optimal, independen, serta bebas dari potensi            and responsibilities of the Board of Directors are carried out
benturan kepentingan. Uraian ketentuan dimaksud adalah                   optimally, independently, and free from potential conflicts of
sebagai berikut:                                                         interest. The provisions in question are as follows:
1. Anggota Direksi dilarang merangkap jabatan sebagai:                   1. Board members are prohibited from holding concurrent
                                                                             positions as:
    a. Anggota DPS pada Perseroan:                                           a. Members of the Sharia Supervisory Board (DPS/SSB)
                                                                                of the Company:
    b. Anggota Direksi dan/atau Pejabat Eksekutif pada                       b. Members of the Board of Directors and/or Executive
       perusahaan dan/atau lembaga lain;                                        Officers in other companies and/or institutions;
    c. Anggota Dewan Komisaris pada lebih dari 2 (dua)                       c. Members of the Board of Commissioners in more than
       perusahaan dan/atau lembaga lain;                                        2 (two) companies and/or other institutions;
    d. Jabatan lain yang dapat menimbulkan Benturan                          d. Other positions that may cause conflicts of interest in
       Kepentingan dalam pelaksanaan tugas sebagai anggota                      the performance of duties as a member of the Board
       Direksi;                                                                 of Directors;




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   e. Anggota Komite yang dibentuk oleh Dewan Komisaris,            e. Members of committees formed by the Board of
      baik Komite Audit, Komite Pemantau Risiko, dan Komite            Commissioners, including the Audit Committee,
      Nominasi dan Remunerasi; dan/atau                                Risk Monitoring Committee, and Nomination and
                                                                       Remuneration Committee; and/or
   f.   Jabatan lain sesuai dengan ketentuan peraturan              f. Other positions in accordance with the provisions of
        perundang-undangan.                                            applicable laws and regulations.

2. Ketentuan larangan rangkap jabatan bagi anggota Direksi      2. The prohibition on holding multiple positions for members of
   tidak berlaku dalam hal sebagai berikut:                        the Board of Directors does not apply in the following cases:
   a. Anggota Direksi bertanggung jawab terhadap                   a. Members of the Board of Directors are responsible for
       pengawasan atas penyertaan Perseroan pada                       supervising the Company’s participation in subsidiaries,
       perusahaan anak, dan dalam hal tersebut menjalankan             and in this case perform functional duties as members of
       tugas fungsional sebagai anggota Dewan Komisaris pada           the Board of Commissioners in subsidiaries controlled
       perusahaan anak yang dikendalikan oleh Perseroan;               by the Company;
   b. Anggota Direksi merupakan pengurus asosiasi, dan             b. Members of the Board of Directors are administrators
       dalam hal tersebut menjalankan tugas fungsional                 of an association, and in this case perform functional
       sebagai anggota Dewan Komisaris pada perusahaan                 duties as members of the Board of Commissioners of
       anak yang dikendalikan oleh asosiasi yang dimaksud;             a subsidiary controlled by the association in question;
   c. Anggota Direksi merupakan pengurus asosiasi, dan             c. Members of the Board of Directors are administrators of
       dalam kapasitas tersebut menjalankan tugas fungsional           an association, and in that capacity perform functional
       sebagai anggota Dewan Komisaris pada lembaga                    duties as members of the Board of Commissioners at
       tertentu berdasarkan penunjukan dari Otoritas Jasa              a certain institution based on an appointment from the
       Keuangan (OJK); dan                                             Financial Services Authority (OJK); and
   d. Anggota Direksi menduduki jabatan pada organisasi            d. Members of the Board of Directors hold positions in non-
       atau lembaga nirlaba, sepanjang perangkapan                     profit organizations or institutions, as long as the dual
       jabatan tersebut tidak menyebabkan kelalaian dalam              positions do not cause negligence in the performance
       pelaksanaan tugas dan wewenang sebagai anggota                  of their duties and authorities as members of the
       Direksi Perseroan.                                              Company’s Board of Directors.

3. Pelaksanaan tugas anggota Direksi dalam rangka               3. The performance of duties by members of the Board of
   pengecualian terhadap ketentuan rangkap jabatan                 Directors in the context of an exception to the provisions
   sebagaimana dimaksud dalam poin (2), wajib memenuhi             on concurrent positions as referred to in point (2) must
   ketentuan sebagai berikut:                                      comply with the following requirements:
   a. mendapatkan persetujuan dari Dewan Komisaris; dan/           a. obtain approval from the Board of Commissioners; and/
      atau                                                             or
   b. wajib dilaporkan kepada Dewan Komisaris.                     b. must be reported to the Board of Commissioners.

4. Anggota Direksi yang akan menduduki jabatan sebagaimana      4. Members of the Board of Directors who will hold the
   dimaksud dalam poin nomor 2 huruf a dan d, wajib membuat        positions referred to in point number 2 letters a and d must
   pernyataan tertulis yang memuat komitmen untuk:                 make a written statement containing a commitment to:
   a. Menjaga integritas;                                          a. Maintaining integrity;
   b. Menghindari segala bentuk Benturan Kepentingan; dan          b. Avoiding any form of conflict of interest; and
   c. Menghindari tindakan yang dapat merugikan Perseroan          c. Avoiding actions that could harm the Company and/or
      dan/atau menyebabkan Perseroan melanggar prinsip                cause the Company to violate the principle of prudence,
      kehati-hatian, selama yang bersangkutan menjabat                for as long as the person concerned serves as a member
      sebagai anggota Direksi.                                        of the Board of Directors.

5. Anggota Direksi yang membawahkan fungsi kepatuhan tidak      5. Members of the Board of Directors who supervise
   merangkap sebagai anggota Direksi yang membawahkan              compliance functions may not concurrently serve as
   fungsi pembiayaan, fungsi pemasaran, serta fungsi               members of the Board of Directors who supervise financing,
   keuangan dan akuntansi.                                         marketing, and finance and accounting functions.




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Rincian rangkap jabatan Direksi Perseroan per 31 Desember             Details of the concurrent position of the Company’s Board
2025 disajikan pada tabel berikut:                                    of Directors as of December 31, 2025 are presented in the
                                                                      following table:


          Nama                Jabatan                Rangkap Jabatan               Nama Perusahaan                 Bidang Usaha
          Name                Position              Concurrent Positions            Company Name                  Line of Business

Siswadi                 Presiden Direktur       Presiden Komisaris            PT Astra Kreasi Digital        Perusahaan Teknologi
                        President Director      President Commissioner                                       Informasi
                                                                                                             Information Technology
                                                                                                             Company

                                                Presiden Komisaris            PT Astra Digital Arta          Perusahaan Uang Elektronik
                                                President Commissioner                                       Electronic Money Company

Indra Gunawan           Direktur                Presiden Komisaris            PT Sharia Multifinance Astra   Perusahaan Pembiayaan
                        Director                President Commissioner                                       Syariah
                                                                                                             Sharia Financing Company

                                                Komisaris                     PT Astra Digital Arta          Perusahaan Uang Elektronik
                                                Commissioner                                                 Electronic Money Company

                                                Komisaris                     PT Astra Integrasi Digital     Perusahaan Jasa Informasi
                                                Commissioner                                                 Information Services
                                                                                                             Company

                                                Ketua Komite Pengarah         PT Federal International       Perusahaan Pembiayaan
                                                Teknologi Informasi           Finance                        Financing Company
                                                Chairman of the Information
                                                Technology Steering
                                                Committee

                                                Ketua Komite Manajemen        PT Federal International       Perusahaan Pembiayaan
                                                Risiko                        Finance                        Financing Company
                                                Chairman of the Risk
                                                Management Committee

Setia Budi              Direktur                Komisaris                     PT Sharia Multifinance Astra   Perusahaan Pembiayaan
                        Director                Commissioner                                                 Syariah
                                                                                                             Sharia Financing Company

                                                Anggota Komite Manajemen      PT Federal International       Perusahaan Pembiayaan
                                                Risiko                        Finance                        Financing Company
                                                Member of the Risk
                                                Management Committee

                                                Komisaris                     PT Astra Multi Finance         Perusahaan Pembiayaan
                                                Commissioner                                                 Financing Company

Sri Harjati             Direktur                Presiden Komisaris            PT Astra Multi Finance         Perusahaan Pembiayaan
                        Director                President Commissioner                                       Financing Company


                                                Anggota Komite Nominasi       PT Astra Multi Finance         Perusahaan Pembiayaan
                                                dan Remunerasi                                               Financing Company
                                                Member of the Nomination
                                                and Remuneration
                                                Committee

                                                Komisaris                     PT Matra Graha Sarana          Perusahaan Real Estat
                                                Commissioner                                                 Real Estate Company

Valentina Chai Wei Li   Direktur                             -                               -                             -
                        Director

Daniel Hartono          Direktur                             -                               -                             -
                        Director


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   Performance Highlights         Management Report              Company Profile




Kebijakan Pengelolaan Benturan Kepentingan Direksi
Board of Directors Conflict of Interest Management Policy

Perseroan menerapkan Kebijakan Pengelolaan Benturan               The Company implements a Conflict-of-Interest Management
Kepentingan bagi Direksi yang menegaskan bahwa setiap             Policy for the Board of Directors, which stipulates that each
anggota Direksi wajib menghindari segala bentuk hubungan atau     member of the Board of Directors must avoid any form
kepentingan pribadi yang dapat memengaruhi independensi           of personal relationship or interest that could affect their
dan penilaian profesional dalam pengambilan keputusan.            independence and professional judgment in decision-making.
Apabila terdapat potensi benturan kepentingan, anggota Direksi    If there is a potential conflict of interest, the Board member
yang bersangkutan wajib melakukan pengungkapan secara             concerned must disclose it openly and refrain from involvement
terbuka serta menahan diri dari keterlibatan dalam proses         in the decision-making process on the matter.
pengambilan keputusan atas hal tersebut.

Sepanjang tahun 2025, tidak terdapat kondisi maupun situasi       Throughout 2025, there were no conditions or situations that
yang mengindikasikan adanya potensi benturan kepentingan          indicated a potential conflict of interest in the Board of Directors’
dalam proses pengambilan keputusan oleh Direksi.                  decision-making process.


Transparansi Kepemilikan Saham Direksi
Transparency of Board of Directors’ Share Ownership


Direksi memiliki kewajiban untuk melaporkan kepemilikan saham     The Board of Directors has an obligation to report its share
yang dimilikinya di Perseroan sebagai bagian dari penerapan       ownership in the Company as part of the implementation
prinsip transparansi dan kepatuhan terhadap peraturan             of the principles of transparency and compliance with laws
perundang-undangan. Informasi tersebut disampaikan dalam          and regulations. This information is disclosed in the GCG
Laporan Penerapan GCG dengan ketentuan sebagai berikut:           Implementation Report with the following provisions:
1. Kepemilikan sahamnya yang mencapai 50% (lima puluh             1. Share ownership reaching 50% (fifty percent) or more in
    persen) atau lebih pada Perseroan atau pada perusahaan            the Company or in other companies located domestically
    lain yang berkedudukan di dalam dan di luar negeri;               and abroad;
2. Hubungan keuangan dan hubungan keluarga dengan                 2. Financial and family relationships with other members of
    anggota Dewan Komisaris lain, anggota Direksi,                    the Board of Commissioners, members of the Board of
    anggota Dewan Pengawas Syariah dan/atau pemegang                  Directors, members of the Sharia Supervisory Board and/
    saham Perseroan.                                                  or shareholders of the Company.

Perseroan menetapkan bahwa kepemilikan saham oleh                 The Company stipulates that share ownership by members of
anggota Direksi semata-mata ditujukan sebagai bentuk              the Board of Directors is solely intended as a form of long-term
investasi jangka panjang, bukan untuk kepentingan jangka          investment, not for short-term interests. Each member of the
pendek. Setiap anggota Direksi wajib mematuhi Securities          Board of Directors is required to comply with the Securities
Dealing Rules sebagaimana diatur dalam Kode Etik FIFGROUP,        Dealing Rules as stipulated in the FIFGROUP Code of Conduct,
yang terus diperbarui dan tersedia secara terbuka di laman        which is continuously updated and available publicly on the
resmi Perseroan.                                                  Company’s official website.

Sebagai bagian dari penerapan prinsip transparansi, kebijakan     As part of the implementation of the principle of transparency,
Perseroan mengenai pengungkapan kepemilikan saham Direksi         the Company’s policy on the disclosure of Directors’ share
telah diselaraskan dengan ketentuan peraturan perundang-          ownership has been aligned with the provisions of applicable
undangan yang berlaku. Informasi kepemilikan saham                laws and regulations. Information on the share ownership of
masing-masing anggota Direksi, baik di Perseroan maupun di        each member of the Board of Directors, both in the Company
perusahaan lain, disajikan sebagai berikut:                       and in other companies, is presented as follows:




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                                                                                  Kepemilikan Saham
                                                                                   Share Ownership
           Nama                 Jabatan
           Name                 Position                                                         Perusahaan Pembiayaan/Perusahaan
                                                                 Perseroan
                                                                                                              Lainnya
                                                                 Company
                                                                                                Financing Companies/Other Companies

 Siswadi                 Presiden Direktur                       Tidak ada                                   Tidak ada
                         President Director                        None                                        None

 Indra Gunawan           Direktur                                Tidak ada                                   Tidak ada
                         Director                                  None                                        None

 Setia Budi              Direktur                                Tidak ada                                   Tidak ada
                         Director                                  None                                        None

 Sri Harjati             Direktur                                Tidak ada                                   Tidak ada
                         Director                                  None                                        None

 Valentina Chai Wei Li   Direktur                                Tidak ada                                   Tidak ada
                         Director                                  None                                        None

 Daniel Hartono          Direktur                                Tidak ada                                   Tidak ada
                         Director                                  None                                        None




Kebijakan Pemberian Pinjaman bagi Direksi
Loan Policy for the Board of Directors

Perseroan menerapkan kebijakan pemberian pinjaman                   The Company implements a loan policy for Directors based on
bagi Direksi berdasarkan prinsip arm’s length basis, yang           the arm’s length principle, which ensures that every transaction
memastikan bahwa setiap transaksi dilakukan dengan harga            is conducted at a fair price and on terms that are reasonable
dan persyaratan yang wajar sebagaimana berlaku bagi                 for independent parties.
pihak independen.


Independensi Direksi
Independence of the Board of Directors

Direksi wajib menjalankan tugas dan tanggung jawabnya               The Board of Directors is required to carry out its duties
dengan penuh itikad baik dan bertanggung jawab sesuai               and responsibilities in good faith and with accountability
dengan bidang penugasan masing-masing. Dalam menjalankan            in accordance with their respective areas of assignment.
tugasnya, Direksi menjunjung tinggi sikap integritas dan            In performing their duties with due diligence, the Board of
mengedepankan objektivitas agar proses pengelolaan dan              Directors upholds integrity and prioritizes objectivity so that
pengurusan Perseroan serta proses pengambilan keputusan             the management and administration of the Company as
terkait bisnis dapat dilakukan secara independen, tidak saling      well as business-related decision-making processes can be
mendominasi, tidak terpengaruh oleh kepentingan tertentu,           implemented independently, without mutual domination, without
serta bebas dari benturan kepentingan.                              being influenced by certain interests, and free from conflicts
                                                                    of interest.




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Rapat Direksi
Board of Directors Meeting

Kebijakan Rapat                                                       Meeting Policy
Dalam rangka memastikan koordinasi yang efektif dan                   In order to ensure effective coordination and appropriate
pengambilan keputusan yang tepat, Direksi diwajibkan untuk            decision-making, the Board of Directors is required to hold
mengadakan rapat internal secara rutin paling sedikit satu            regular internal meetings at least once a month. In addition
kali dalam setiap bulan. Selain rapat berkala, Rapat Direksi          to regular meetings, Board of Directors Meetings may also be
juga dapat dilaksanakan sewaktu-waktu apabila memenuhi                held at any time if the following conditions are met:
ketentuan sebagai berikut:
1. Setiap saat kapanpun dirasa perlu oleh 1 (satu) atau lebih         1. At any time deemed necessary by one (1) or more members
    anggota Direksi;                                                     of the Board of Directors;
2. Atas permintaan tertulis dari seorang anggota Dewan                2. Upon written request from one or more members of the
    Komisaris atau lebih; atau                                           Board of Commissioners; or
3. Berdasarkan permintaan 1 (satu) orang pemegang saham               3. Based on a request from one (1) or more shareholders who
    atau lebih yang bersama-sama mewakili 1/10 (satu per                 together represent one-tenth (1/10) or more of the total
    sepuluh) bagian atau lebih dari jumlah seluruh saham                 number of shares with valid voting rights.
    dengan hak suara yang sah.

Rapat Direksi dipimpin oleh Presiden Direktur, dan apabila            The Board of Directors meeting is chaired by the President
Presiden Direktur berhalangan hadir, rapat akan dipimpin oleh         Director, and if the President Director is unable to attend, the
Wakil Presiden Direktur. Dalam hal Wakil Presiden Direktur juga       meeting will be chaired by the Vice President Director. In the
berhalangan hadir, maka rapat akan dipimpin oleh Direktur yang        event that the Vice President Director is also unable to attend,
ditunjuk dari antara anggota Direksi yang hadir.                      the meeting will be chaired by a Director appointed from among
                                                                      the members of the Board of Directors who are present.

Setiap anggota Direksi wajib hadir dalam rapat rutin sekurang-        Each member of the Board of Directors is required to attend at
kurangnya 50% (lima puluh persen) dari jumlah seluruh rapat           least 50% (fifty percent) of all regular meetings held in a calendar
rutin yang diselenggarakan dalam satu tahun kalender, sebagai         year, as a form of commitment to the effective performance of
bentuk komitmen terhadap pelaksanaan tugas dan tanggung               their duties and responsibilities.
jawab secara efektif.

Pengambilan keputusan dalam rapat dilakukan berdasarkan               Decisions in meetings are made based on deliberation to
musyawarah untuk mufakat. Apabila mufakat tidak tercapai,             reach consensus. If consensus cannot be reached, decisions
keputusan diambil berdasarkan suara terbanyak dari anggota            are made based on a majority vote of the Board members
Direksi yang hadir. Dalam hal jumlah suara setuju dan tidak setuju    present. In the event that the number of votes for and against
berimbang, maka usulan tersebut dianggap tidak disetujui.             are equal, the proposal is considered rejected.

Segala bentuk perbedaan pendapat (dissenting opinions) yang           All dissenting opinions that arise in the decision-making process
muncul dalam proses pengambilan keputusan wajib dicatat               must be recorded in full in the meeting minutes, accompanied
secara lengkap dalam notulen rapat, disertai dengan alasan            by the reasons or views behind the differences.
atau pandangan yang melatarbelakangi perbedaan tersebut.

Tingkat Kehadiran Anggota Direksi dalam Rapat                         Board Member Attendance at Meetings
Per 31 Desember 2025, Direksi telah menyelenggarakan 12 (dua          As of December 31, 2025, the Board of Directors has held
belas) kali rapat dengan rincian agenda dan tingkat kehadiran         12 (twelve) meetings with the following agenda details and
sebagai berikut:                                                      attendance rates:




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          Nama                     Jabatan               Jumlah Pertemuan                Kehadiran        Tingkat Kehadiran (%)
          Name                     Position              Number of Meetings              Attendance        Attendance Rate (%)

Siswadi                 Presiden Direktur                        12                           12                   100%
                        President Director

Indra Gunawan           Direktur                                 12                           12                   100%
                        Director

Setia Budi              Direktur                                 12                           12                   100%
                        Director

Sri Harjati             Direktur                                 12                           12                   100%
                        Director

Valentina Chai Wei Li   Direktur                                 12                           12                   100%
                        Director

Daniel Hartono          Direktur                                 12                           12                   100%
                        Director



Agenda Rapat Direksi                                                  Board Meeting Agenda
Sepanjang tahun 2025, rapat Direksi membahas berbagai                 Throughout 2025, the Board of Directors meeting discussed
agenda utama, antara lain meliputi:                                   various key agendas, including:


              Tanggal
                                                                              Agenda
               Date

17 Januari 2025              Tinjauan Kinerja Perseroan Secara Keseluruhan per Desember 2024
January 17, 2025             Overall Company Performance Review as of December 2024

17 Februari 2025             Tinjauan Kinerja Perseroan Secara Keseluruhan per Januari 2025
February 17, 2025            verall Company Performance Review as of January 2025

17 Maret 2025                Tinjauan Kinerja Perseroan Secara Keseluruhan per Februari 2025
March 17, 2025               Overall Company Performance Review as of February 2025

23 April 2025                Tinjauan Kinerja Perseroan Secara Keseluruhan per Maret 2025
April 23, 2025               Overall Company Performance Review as of March 2025

14 Mei 2025                  Tinjauan Kinerja Perseroan Secara Keseluruhan per April 2025
May 14, 2025                 Overall Company Performance Review as of April 2025

13 Juni 2025                 Tinjauan Kinerja Perseroan Secara Keseluruhan per Mei 2025
June 13, 2025                Overall Company Performance Review as of May 2025

11 Juli 2025                 Tinjauan Kinerja Perseroan Secara Keseluruhan per Juni 2025
July 11, 2025                Overall Company Performance Review as of June 2025

20 Agustus 2025              Tinjauan Kinerja Perseroan Secara Keseluruhan per Juli 2025
August 20, 2025              Overall Company Performance Review as of July 2025

11 September 2025            Tinjauan Kinerja Perseroan Secara Keseluruhan per Agustus 2025
September 11, 2025           Overall Company Performance Review as of August 2025

15 Oktober 2025              Tinjauan Kinerja Perseroan Secara Keseluruhan per September 2025
October 15, 2025             Overall Company Performance Review as of September 2025

17 November 2025             Tinjauan Kinerja Perseroan Secara Keseluruhan per Oktober 2025
November 17, 2025            Overall Company Performance Review as of October 2025

17 Desember 2025             Tinjauan Kinerja Perseroan Secara Keseluruhan per November 2025
December 17, 2025            Overall Company Performance Review as of November 2025




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Rapat yang Dijadwalkan pada Tahun 2026                                     Scheduled Meetings in 2026
Agenda rapat Direksi tahun 2026 pada prinsipnya masih                      The 2026 Board of Directors meeting agenda is essentially
mengacu pada agenda rapat tahun 2025. Namun demikian,                      still based on the 2025 meeting agenda. However, the
agenda tersebut dapat disesuaikan apabila terdapat perubahan               agenda may be adjusted if there are changes in regulations
regulasi atau kebijakan eksternal yang memerlukan perhatian                or external policies that require special attention from the
khusus Direksi.                                                            Board of Directors.

Direksi telah menetapkan rencana pelaksanaan rapat untuk                   The Board of Directors has established a meeting schedule
tahun 2026 sebagai bagian dari komitmen dalam menjalankan                  for 2026 as part of its commitment to performing its functions
fungsinya secara efektif, berkesinambungan, dan selaras                    effectively, sustainably, and in accordance with applicable laws
dengan ketentuan peraturan perundang-undangan yang                         and regulations. Through regular meetings and joint meetings
berlaku. Melalui pelaksanaan rapat berkala serta rapat gabungan            with the Board of Commissioners, the Board of Directors shall
dengan Dewan Komisaris, Direksi akan terus memastikan                      continue to assure that all of the Company’s policies and
bahwa seluruh kebijakan dan keputusan strategis Perseroan                  strategic decisions are implemented based on the principles
dijalankan berdasarkan prinsip kehatihatian, akuntabilitas,                of prudence, accountability, transparency, and compliance.
transparansi, dan kepatuhan (compliance).


Program Pelatihan dan Peningkatan Kompetensi Direksi Tahun 2025
Director Training and Competency Development Program for 2025

Kebijakan Pelatihan dan Pengembangan Kompetensi                            Director Training and Competency Development Policy
Direksi
Dalam rangka memastikan pelaksanaan tugas dan tanggung                     In order to confirm that the Board of Directors carries out
jawab Direksi berjalan secara efektif, baik secara kolegial                its duties and responsibilities effectively, both collectively
maupun individual, Perseroan senantiasa mendorong setiap                   and individually, the Company continuously encourages
anggota Direksi untuk terus meningkatkan kompetensi,                       each member of the Board of Directors to improve their
keterampilan manajerial, serta pemahaman terhadap dinamika                 competencies, managerial skills, and understanding of industry
industri. Peningkatan kapasitas setiap anggota Direksi dilakukan           dynamics. The capacity building of each member of the Board of
melalui berbagai program pelatihan, seminar, maupun workshop               Directors is done through various training programs, seminars,
yang diselenggarakan oleh pihak internal maupun eksternal,                 and workshops organized by internal and external parties, both
baik di tingkat nasional maupun internasional.                             at the national and international levels.

Daftar Pelatihan dan Pengembangan Kompetensi                               List of Training and Competency Development Programs
Direksi Tahun 2025                                                         for the Board of Directors in 2025
Sepanjang tahun 2025, anggota Direksi Perseroan telah                      Throughout 2025, members of the Company’s Board of
mengikuti berbagai program pelatihan dan pengembangan                      Directors participated in various training and competency
kompetensi yang diselenggarakan baik secara internal maupun                development programs organized both internally and externally,
eksternal, dengan rincian sebagai berikut:                                 with the following details:


           Nama               Jabatan                         Jenis Pelatihan                    Tanggal Pelaksanaan     Penyelenggara
           Name               Position                        Type of Training                           Date              Organizer

 Siswadi                    Presiden         Webinar OJK Institute "Transformasi Digital: Tren   23 Januari 2025          OJK Institute
                            Direktur         Inovasi Teknologi di Sektor Keuangan"               January 23, 2025
                            President        OJK Institute Webinar "Digital Transformation:
                            Director         Technology Innovation Trends in the
                                             Financial Sector"

                                             Seminar Nasional "Arah Kebijakan OJK Tahun          4 Februari 2025              APPI
                                             2025 dan Strategi Pertumbuhan Ekonomi               February 4, 2025
                                             Pemerintah Baru"
                                             National Seminar "OJK Policy Direction for
                                             2025 and the New Government's Economic
                                             Growth Strategy"




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         Nama             Jabatan                         Jenis Pelatihan                      Tanggal Pelaksanaan       Penyelenggara
         Name             Position                        Type of Training                             Date                Organizer

Indra Gunawan           Direktur        Webinar OJK Institute "Transformasi Digital: Tren     23 Januari 2025              OJK Institute
                        Director        Inovasi Teknologi di Sektor Keuangan"                 January 23, 2025
                                        OJK Institute Webinar "Digital Transformation:
                                        Technology Innovation Trends in the
                                        Financial Sector"

                                        Seminar Nasional "Will Trade War Create               6 Mei 2025                       APPI
                                        Financial Turmoil?"                                   May 6, 2025
                                        National Seminar "Will Trade War Create
                                        Financial Turmoil?"

Setia Budi              Direktur        Webinar OJK Institute "Transformasi Digital: Tren     23 Januari 2025              OJK Institute
                        Director        Inovasi Teknologi di Sektor Keuangan"                 January 23, 2025
                                        OJK Institute Webinar "Digital Transformation:
                                        Technology Innovation Trends in the
                                        Financial Sector"

                                        Seminar Nasional “Economic Outlook 2026“              2 September 2025                 APPI
                                        National Seminar "Economic Outlook 2026"              January 23, 2025

Sri Harjati             Direktur        Webinar OJK Institute "Transformasi Digital: Tren     23 Januari 2025              OJK Institute
                        Director        Inovasi Teknologi di Sektor Keuangan"                 January 23, 2025
                                        OJK Institute Webinar "Digital Transformation:
                                        Technology Innovation Trends in the
                                        Financial Sector"

                                        Seminar Nasional "Arah Kebijakan OJK Tahun            4 Februari 2025                  APPI
                                        2025 dan Strategi Pertumbuhan Ekonomi                 February 4, 2025
                                        Pemerintah Baru"
                                        National Seminar "OJK Policy Direction for
                                        2025 and the New Government's Economic
                                        Growth Strategy"

Valentina Chai Wei Li   Direktur        Webinar OJK Institute "Transformasi Digital: Tren     23 Januari 2025              OJK Institute
                        Director        Inovasi Teknologi di Sektor Keuangan"                 January 23, 2025
                                        OJK Institute Webinar "Digital Transformation:
                                        Technology Innovation Trends in the
                                        Financial Sector"

                                        Seminar Nasional "Will Trade War Create               6 Mei 2025                       APPI
                                        Financial Turmoil?"                                   May 6, 2025
                                        National Seminar "Will Trade War Create
                                        Financial Turmoil?"

Daniel Hartono          Direktur        Seminar Nasional "Arah Kebijakan OJK Tahun            4 Februari 2025                  APPI
                        Director        2025 dan Strategi Pertumbuhan Ekonomi                 February 4, 2025
                                        Pemerintah Baru"
                                        National Seminar "OJK Policy Direction for
                                        2025 and the New Government's Economic
                                        Growth Strategy"

                                        Seminar International "Global, ASEAN and              11 Juli 2025                     APPI
                                        Indonesia Challenges to Indonesia Economy"            July 11, 2025
                                        International Seminar "Global, ASEAN,
                                        and Indonesia Challenges to the
                                        Indonesian Economy"




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Sertifikasi Keahlian di Bidang Pembiayaan bagi Direksi              Certification of Expertise in Financing for Directors
Sebagai bagian dari upaya untuk mempertahankan kualitas             As part of efforts to maintain the quality of management
kompetensi Manajemen, Perseroan memastikan seluruh                  competencies, the Company ensures that all members of
anggota Direksi telah memenuhi persyaratan sertifikasi              the Board of Directors have met the professional certification
profesi di bidang pembiayaan dari lembaga yang ditunjuk             requirements in the field of financing from institutions
oleh asosiasi sebagaimana yang diwajibkan POJK 48/2024.             designated by the Indonesian Capital Market and Financial
Berikut ini adalah daftar sertifikasi yang dimiliki oleh Direksi    Institutions Associations as required by POJK 48/2024. The
per 31 Desember 2025:                                               following is a list of certifications held by the Board of Directors
                                                                    as of December 31, 2025:


               Nama                          Jabatan                        Penyelenggara                   Tanggal Sertifikasi
               Name                          Position                      Issuing Authority                 Certification Date

 Siswadi                         Presiden Direktur                                SPPI                        18 Agustus 2015
                                 President Director                                                           August 18, 2015

 Indra Gunawan                   Direktur                                         SPPI                        19 Agustus 2015
                                 Director                                                                     August 19, 2015

 Setia Budi                      Direktur                                         SPPI                         22 April 2019
                                 Director                                                                      April 22, 2019

 Sri Harjati                     Direktur                                         SPPI                         27 Juli 2017
                                 Director                                                                      July 27, 2017

 Valentina Chai Wei Li           Direktur                                         SPPI                        31 Maret 2023
                                 Director                                                                     March 31, 2023

 Daniel Hartono                  Direktur                                         SPPI                        31 Maret 2023
                                 Director                                                                     March 31, 2023




Program Orientasi bagi Direktur Baru Tahun 2025
Orientation Program for New Directors in 2025

Perseroan menerapkan kebijakan bahwa setiap anggota                 The Company implements a policy that every newly appointed
Direksi yang baru diangkat wajib mengikuti Program Orientasi        member of the Board of Directors must participate in an
atau Induksi sebagai bagian dari pemenuhan prinsip tata             Orientation or Induction Program as part of fulfilling the
kelola perusahaan yang baik. Program ini bertujuan untuk            principles of good corporate governance. This program aims to
mempercepat proses adaptasi serta memberikan pemahaman              accelerate the adaptation process and provide a comprehensive
menyeluruh mengenai kegiatan usaha, struktur organisasi, dan        understanding of business activities, organizational structure,
tanggung jawab Direksi sesuai ketentuan perundang-undangan          and the responsibilities of the Board of Directors in accordance
yang berlaku.                                                       with applicable laws and regulations.

Sepanjang tahun 2025, Perseroan tidak menyelenggarakan              Throughout 2025, the Company did not hold an Orientation
Program Orientasi bagi anggota Direksi karena tidak terdapat        Program for Board members because there were no
pengangkatan atau perubahan komposisi Direksi pada                  appointments or changes in the composition of the Board
periode pelaporan.                                                  during the reporting period.


Realisasi Pelaksanaan Tugas Direksi Tahun 2025
Implementation of the Board of Directors’ Duties in 2025


Sepanjang tahun 2025, Direksi telah menjalankan tugas dan           Throughout 2025, the Board of Directors has carried out its
tanggung jawabnya sesuai dengan ketentuan Anggaran Dasar            duties and responsibilities in accordance with the provisions of
serta peraturan perundang-undangan yang berlaku.                    the Articles of Association and applicable laws and regulations.




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Penilaian Kinerja Komite-Komite di bawah Direksi
Performance Assessment of Committees under the Board of Directors

Prosedur Penilaian                                                 Assessment Procedure
Kepiawaian Direksi dalam melaksanakan seluruh tugas dan            The Board of Directors’ expertise in effectively conducting all
tanggung jawabnya secara efektif sepanjang tahun ini tidak         of its duties and responsibilities throughout the year cannot
lepas dari peran dan dukungan dari komite-komite pendukung di      be separated from the role and support of the supporting
bawahnya, yaitu Komite Manajemen Risiko dan Komite Pengarah        committees under it, namely the Risk Management Committee
Teknologi Informasi. Secara periodik, Direksi mengevaluasi         and the Information Technology Steering Committee.
kinerja kedua komite tersebut sesuai dengan prosedur dan           Periodically, the Board of Directors evaluates the performance
standar penilaian yang telah ditetapkan bersama di awal tahun,     of these two committees in accordance with the assessment
serta mengacu pada laporan pertanggungjawaban masing-              procedures and standards that were jointly established at the
masing komite yang telah disampaikan kepada Direksi.               beginning of the year, as well as referring to the accountability
                                                                   reports of each committee that have been submitted to the
                                                                   Board of Directors.

Indikator Penilaian                                                Assessment Indicators
Kriteria penilaian yang digunakan Direksi dalam mengukur           The assessment criteria used by the Board of Directors in
kinerja Komite Manajemen Risiko dan Komite Pengarah                measuring the performance of the Risk Management Committee
Teknologi Informasi setidaknya meliputi kontribusi masing-         and the Information Technology Steering Committee include,
masing komite di dalam proses pengambilan keputusan                at a minimum, the contribution of each committee to the Board
Direksi sesuai dengan bidang penugasan yang tercantum              of Directors’ decision-making process in accordance with the
dalam Piagam, efektivitas pelaksanaan tugas dan tanggung           areas of responsibility listed in the Charter, the effectiveness
jawab yang diberikan oleh Direksi kepada masing-masing             of the implementation of the duties and responsibilities
komite, dan pelaksanaan rapat komite sesuai ketentuan internal     assigned by the Board of Directors to each committee, and
yang berlaku.                                                      the implementation of committee meetings in accordance with
                                                                   applicable internal regulations.

Hasil Penilaian                                                    Assessment Results
A. Komite Manajemen Risiko (KMR)                                   A. Risk Management Committee (RMC)
   Selama tahun 2025, Komite Manajemen Risiko telah secara            During 2025, the Risk Management Committee has
   aktif membantu Direksi dalam memastikan kepatuhan                  actively assisted the Board of Directors in ensuring
   Perseroan terhadap Kerangka Kerja Manajemen Risiko                 the Company’s compliance with the Risk Management
   yang diterapkan di Perseroan, serta telah memberikan               Framework implemented in the Company, and has provided
   rekomendasi yang komprehensif kepada Direksi mengenai              comprehensive recommendations to the Board of Directors
   kecukupan kebijakan, strategi, dan panduan implementasi            regarding the adequacy of policies, strategies, and
   Sistem Manajemen Risiko beserta perubahannya. Selain itu,          guidelines for the implementation of the Risk Management
   Direksi juga menilai seluruh anggota Komite Manajemen              System and its changes. In addition, the Board of Directors
   Risiko telah menunjukkan partisipasi aktif dalam mengikuti         also assessed that all members of the Risk Management
   semua agenda arapat.                                               Committee had shown active participation in attending all
                                                                      meeting agendas.
B. Komite Pengarah Teknologi Informasi                             B. Information Technology Steering Committee
   Sepanjang tahun 2025, Komite Pengarah Teknologi                    Throughout 2025, the Information Technology Steering
   Informasi telah memberikan rekomendasi kepada Direksi              Committee has provided recommendations to the Board
   terkait Rencana pengembangan Teknologi Informasi                   of Directors regarding the Information Technology
   yang sejalan dengan kegiatan usaha Perseroan, rencana              development plan in line with the Company’s business
   penerapan manajemen risiko dalam penggunaan Teknologi              activities, plans for the implementation of adequate and
   Informasi (TI) yang memadai dan efektif, serta melakukan           effective risk management in the use of Information
   pemantauan atas kinerja TI dan upaya peningkatan                   Technology (IT), and monitoring of IT performance and
   kinerja TI. Selain itu, Direksi juga mengapresiasi komitmen        efforts to improve IT performance. In addition, the Board of
   anggota Komite Pengarah Teknologi Informasi yang telah             Directors also appreciated the commitment of the members
   menunjukkan partisipasi aktif dalam mengikuti semua                of the Information Technology Steering Committee who
   agenda rapat.                                                      have actively participated in all meeting agendas.




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Dewan Pengawas Syariah
Sharia Supervisory Board




Dalam melaksanakan kegiatan usaha pembiayaan, Perseroan              In the course of its financing activities, the Company has
juga mengembangkan portofolio produk berbasis prinsip syariah        also developed a portfolio of Sharia-based products under
melalui merek AMITRA, yang seluruhnya disusun berdasarkan            the AMITRA brand, all of which are structured based on
rekomendasi Dewan Syariah Nasional Majelis Ulama Indonesia           the recommendations of the National Sharia Council of the
(DSN-MUI). Produk AMITRA meliputi fasilitas pembiayaan Porsi         Indonesian Ulema Council (DSN-MUI). AMITRA products include
Haji Reguler, Porsi Haji Khusus, Keberangkatan Haji Reguler,         Regular Hajj Portion financing facilities, Special Hajj Portion,
Umrah Reguler, serta Umrah Plus, dengan seluruh perjanjian           Regular Hajj Departure, Regular Umrah, and Umrah Plus, with
yang digunakan berlandaskan pada akad syariah dan sesuai             all agreements based on sharia contracts and in accordance
ketentuan hukum yang berlaku.                                        with applicable laws.

Untuk memastikan seluruh kegiatan usaha syariah berjalan             To ensure that all sharia business activities are conducted
sejalan dengan prinsip syariah, Perseroan membentuk Dewan            in accordance with sharia principles, the Company has
Pengawas Syariah (DPS) yang memiliki fungsi pengawasan               established a Sharia Supervisory Board (DPS) which has the
dan pemberian nasihat kepada Direksi. Pembentukan DPS                function of supervising and advising the Board of Directors. The
dilakukan dengan mengacu pada ketentuan POJK 46 Tahun                establishment of the DPS was carried out with reference to the
2024 (“POJK 46/2024”) tentang Pengembangan dan Penguatan             provisions of POJK 46 of 2024 (“POJK 46/2024”) concerning
Perusahaan Pembiayaan, Perusahaan Pembiayaan Infrastruktur,          the Development and Strengthening of Financing Companies,
dan Perusahaan Modal Ventura juncto tentang POJK No. 35/             Infrastructure Financing Companies, and Venture Capital
POJK.05/2018 (“POJK 35/2018”) tentang Penyelenggaraan                Companies in conjunction with POJK No. 35/POJK.05/2018
Usaha Perusahaan Pembiayaan.                                         (“POJK 35/2018”) on the Operation of Financing Companies.


Pedoman Kerja Dewan Pengawas Syariah
Sharia Supervisory Board Work Guidelines


Perseroan telah menetapkan Pedoman Dewan Pengawas                    The Company has established the Sharia Supervisory Board
Syariah pada tanggal 30 Juni 2025. Pedoman tertulis tersebut         Guidelines on June 30, 2025. These written guidelines serve
menjadi acuan bagi seluruh anggot DPS dalam menjalankan              as a reference for all DPS/SSB members in performing their
tugas dan tanggung jawabnya secara efektif, efisien, transparan,     duties and responsibilities effectively, efficiently, transparently,
independen, serta akuntabel.                                         independently, and accountably.

Penyusunan Pedoman ini telah diselaraskan dengan ketentuan           The preparation of these Guidelines has been aligned with
peraturan perundang-undangan yang berlaku, serta mengacu             the provisions of applicable laws and regulations, as well as
pada kodifikasi pelaksanaan tugas dan fungsi DPS guna                referring to the codification of the duties and functions of the
memastikan pengawasan terhadap kegiatan usaha syariah                DPS so that the supervision of the Company’s sharia business
Perseroan berjalan sesuai prinsip-prinsip syariah dan tata kelola    activities is done in accordance with the principles of sharia
perusahaan yang baik.                                                and good corporate governance.




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Tugas dan Tanggung Jawab
Duties and Responsibilities

Berdasarkan pedoman yang berlaku, DPS memiliki tugas utama         Based on the applicable guidelines, the Sharia Supervisory
untuk memberikan nasihat dan pertimbangan kepada Direksi           Board (DPS/SSB) has the main duty of providing advice and
dalam pelaksanaan kegiatan usaha yang berprinsip syariah,          consideration to the Board of Directors in the implementation
serta melakukan pengawasan atas kesesuaian produk, jasa,           of sharia-based business activities, as well as supervising the
dan operasional Perseroan atau Unit Usaha Syariah (UUS)            compliance of the Company’s or Sharia Business Unit’s (UUS)
terhadap ketentuan syariah.                                        products, services, and operations with sharia provisions.

Selain itu, DPS juga berperan sebagai penghubung antara            The Sharia Supervisory Board also acts as a liaison between
Perseroan dengan Dewan Syariah Nasional Majelis Ulama              the Company and the Indonesian Ulema Council’s National
Indonesia (DSN-MUI). Pelaksanaan tugas dan wewenang                Sharia Board (DSN-MUI). These duties and authorities are
tersebut dijalankan melalui prosedur kerja yang terstandar dan     implemented through standardized and documented work
terdokumentasi untuk memastikan efektivitas serta kepatuhan        procedures to ensure effectiveness and compliance with
terhadap ketentuan yang berlaku.                                   applicable regulations.

Dalam memberikan nasihat dan saran kepada Direksi terkait          In providing advice and recommendations to the Board of
pengawasan atas layanan dan operasional yang dijalankan            Directors regarding the supervision of services and operations
UUS Perseroan, DPS memiliki prosedur sebagai berikut:              by the Company’s Sharia Business Unit, the Sharia Supervisory
                                                                   Board has the following procedures:
1. DPS wajib menjamin pengambilan keputusan yang efektif,          1. The Sharia Supervisory Board must ensure effective,
   tepat dan cepat serta dapat bertindak secara independen,            accurate, and prompt decision-making and must be able to
   tidak mempunyai kepentingan yang dapat mengganggu                   act independently, without any interests that could interfere
   kemampuannya untuk melaksanakan tugas secara mandiri                with its ability to do its duties independently and objectively;
   dan objektif;
2. Pelaksanaan tugas dan wewenang DPS dilakukan terhadap:          2. The Sharia Supervisory Board shall manage its duties and
                                                                      authorities with respect to:
   a. Kegiatan usaha berdasarkan Prinsip Syariah;                     a. Business activities based on Sharia Principles ;
   b. Akad usaha berdasarkan Prinsip Syariah yang                     b. Business contracts based on Sharia Principles marketed
       dipasarkan oleh UUS;                                               by the Sharia Business Unit;
   c. Praktik pemasaran usaha berdasarkan Prinsip Syariah             c. Business marketing practices based on Sharia Principles
       yang dilakukan oleh UUS.                                           carried out by the Sharia Business Unit.
3. Dalam melaksanakan tugas dan wewenang, DPS dapat                3. In performing its duties and authorities, the Sharia
   dibantu oleh anggota komite dan/atau pegawai yang                  Supervisory Board may be assisted by committee members
   struktur organisasinya berada di bawah Dewan Komisaris             and/or employees whose organizational structure is under
   dan/atau Direksi;                                                  the Board of Commissioners and/or the Board of Directors;
4. Anggota DPS berhak memperoleh informasi dari Direksi            4. Members of the Sharia Supervisory Board are entitled to
   mengenai Perseroan secara lengkap dan tepat waktu.                 obtain complete and timely information from the Board of
                                                                      Directors regarding the Company.

Masa Jabatan Dewan Pengawas Syariah
Term of Office of the Sharia Supervisory Board


Proses penunjukkan dan pengangkatan DPS dilakukan melalui          The process of appointing and electing the Sharia Supervisory
mekanisme RUPS dengan memerhatikan rekomendasi komite              Board is carried out through the GMS mechanism by taking
yang menjalankan fungsi nominasi. Masa jabatan anggota DPS         into account the recommendations of the committee that
terhitung sejak tanggal RUPS yang mengangkatnya sampai             performs the nomination function. The term of office of Sharia
ditutupnya RUPS Tahunan yang ke-2 (dua) setelah tanggal            Supervisory Board members is calculated from the date of the
pengangkatannya tersebut. Sebagai organ tertinggi dalam            GMS that appointed them until the closing of the 2nd (second)




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struktur tata kelola, RUPS tetap memiliki kewenangan untuk                  Annual GMS after the date of their appointment. As the highest
dapat memberhentikan seorang atau lebih anggota DPS                         governing body in the governance structure, the GMS retains
sewaktu-waktu sebelum masa jabatannya berakhir.                             the authority to dismiss one or more members of the Sharia
                                                                            Supervisory Board at any time before the end of their term
                                                                            of office.


Susunan, Jumlah, dan Komposisi Anggota Dewan Pengawas Syariah Tahun 2025
Structure, Number, and Composition of Sharia Supervisory Board Members in 2025


Keputusan mengenai penetapan susunan DPS Perseroan                          The decision regarding the composition of the Company’s
didasarkan pada hasil RUPST Tahun 2025, sebagaimana                         Sharia Supervisory Board is based on the results of the 2025
dituangkan dalam Akta Pernyataan Keputusan Para Pemegang                    Annual General Meeting of Shareholders (AGMS), as stated
Saham No. 01 tanggal 2 Mei 2024. Adapun susunan DPS yang                    in the Deed of Statement of Shareholders’ Resolution No. 01
menjabat per 31 Desember 2025 adalah sebagai berikut:                       dated May 2, 2024. The composition of the Sharia Supervisory
                                                                            Board (DPS) as of December 31, 2025 is as follows:


        Nama                           Jabatan                         Dasar Pengangkatan                            Periode Jabatan
        Name                           Position                        Basis of Appointment                           Term of Office

 Aminudin Yakub             Dewan Pengawas Syariah         Akta Pernyataan Keputusan Para Pemegang          19 April 2024-RUPST 2026 (K e-9)
                            Sharia Supervisory Board       Saham No. 01 tanggal 2 Mei 2024.                 April 19, 2024- 2026 AGMS (9th)
                                                           Deed of Statement of Shareholders'
                                                           Resolution No. 01 dated May 2, 2024.



Profil Dewan Pengawas Syariah
Profile of the Sharia Supervisory Board



 Nama                              Aminudin Yakub
 Name

 Usia                              55 tahun
 Age                               55 years old

 Dasar Pengangkatan                Akta Pernyataan Keputusan Para Pemegang Saham No. 01 tanggal 2 Mei 2024.
 Basis of Appointment              Deed of Statement of Shareholders' Resolution No. 01 dated May 2, 2024.

 Riwayat Pendidikan                •    S1 dari Fakultas Tarbiyah UIN Syarif Hidayatullah (1994)
 Educational Background            •    S2 Islamic Studies di UIN Syarif Hidayatullah (1997)
                                   •    S3 Islamic Studies di SPS UIN Syarif Hidayatullah (2017)
                                   •    Program Doktor Ilmu Hukum Universitas Islam Sultan Agung Semarang (2021)

                                   •    Bachelor's degree from the Faculty of Tarbiyah, UIN Syarif Hidayatullah (1994)
                                   •    Master's Degree in Islamic Studies from UIN Syarif Hidayatullah (1997)
                                   •    Doctorate in Islamic Studies from the Graduate School of UIN Syarif Hidayatullah (2017)
                                   •    Doctoral Program in Law at Sultan Agung Islamic University, Semarang (2021)




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Riwayat Karier              Beliau mulai bergabung dengan Astra Group sebagai Dewan Pengawas Syariah PT Federal International
Career History              Finance (Perseroan) sejak tahun 2006 hingga saat ini. Sebelum menjabat sebagai DPS, beliau memiliki
                            Riwayat pekerjaan sebagai berikut:
                            • Pengurus Dewan Halal Nasional (DHN) MUI (2020 – 2025)
                            • Anggota di Lembaga Produktivitas Nasional (LPN) Kemenaker RI (2020 – 2022)
                            • Anggota Dewan Pertimbangan di Kementerian Sosial RI (2017 – 2023)
                            • Sharia Consultant di PT Pinnacle Persada Investama (2017 – 2023)
                            • Direktur di Lembaga Sertifikasi Profesi Dewan Syariah Nasional) (LSP DSN) MUI (2017 – 2020)
                            • Sharia Consultant di Citibank Indonesia Jasa Kustodi Syariah (2006 – 2025)
                            • Pengurus Badan Pelaksana Harian di BPH DSN MUI (2003 – 2020)
                            • Wakil Sekretaris/Anggota Komisi Fatwa di MUI Pusat (2000 – 2020)
                            • Dosen (Team Pengajar Agama Islam) di IPB Bogor (1997 – 2001)
                            • Dosen di Sekolah Tinggi Ilmu Syariah Darunnajah (1995 – 2000)

                            He joined the Astra Group as a member of the Sharia Supervisory Board of PT Federal International
                            Finance (Persero) in 2006 and continues to serve to this day. Prior to serving as a member of the Sharia
                            Supervisory Board, he held the following positions:
                            • Member of the National Halal Council (DHN) of the Indonesian Ulema Council (MUI) (2020–2025)
                            • Member of the National Productivity Agency (LPN) at the Ministry of Manpower (2020–2022)
                            • Member of the Advisory Board at the Ministry of Social Affairs of the Republic of Indonesia (2017–2023)
                            • Sharia Consultant at PT Pinnacle Persada Investama (2017–2023)
                            • Director at the National Sharia Council Professional Certification Agency (LSP DSN) MUI (2017–2020)
                            • Sharia Consultant at Citibank Indonesia Sharia Custody Services (2006–2025)
                            • Executive Board Member at BPH DSN MUI (2003–2020)
                            • Deputy Secretary/Member of the Fatwa Commission at MUI Headquarters (2000–2020)
                            • Lecturer (Islamic Studies Teaching Team) at IPB Bogor (1997–2001)
                            • Lecturer at Darunnajah Sharia College (1995 – 2000)

Rangkap Jabatan di          •   Wakil Sekretaris Jenderal Bidang Fatwa di Majelis Ulama Indonesia (MUI) (2025 – sekarang)
Perusahaan atau Institusi   •   Dewan Pengawas Lembaga Pengkajian Pangan, Obat dan Kosmetik (LPPOM) di Majelis Ulama
Lain                            Indonesia (MUI) (2025 – sekarang)
Concurrent Positions        •   Pengurus Badan Pleno Dewan Syari’ah Nasional (BPH DSN) di Majelis Ulama Indonesia (MUI) (2025 –
in Other Companies or           sekarang)
Institutions                •   Asesor Lembaga Pemeriksa Halal (LPH) dan Lembaga Halal Luar Negeri (LHLN) di Badan
                                Penyelenggara Jaminan Produk Halal (BPJPH) (2022 – sekarang)
                            •   Direktur Utama di Lembaga Sertifikasi Profesi Majelis Ulama (LSP MUI) (2020 – sekarang)
                            •   DPS di PT Panin Asset Manajemen (2015 – sekarang)
                            •   Ketua Yayasan Yayasan Pendidikan Islam “Baitul Muttaqin” Bekasi (2012 – sekarang)
                            •   DPS di PT Astra Sedaya Finance (2012 – sekarang)
                            •   Ketua Yayasan Yayasan Pendidikan Islam “Baitul Muttaqin” Bekasi (2012 – sekarang)
                            •   DPS di Bank Panin Dubai Syariah (2010 – sekarang)
                            •   DPS di SMA Syariah (2006 – sekarang)
                            •   DPS di PT Asuransi Tripakarta Syariah (2002 – sekarang)
                            •   Dosen UIN “Syarif Hidayatullah” Jakarta (1996 – sekarang)

                            •   Deputy Secretary General for Fatwa at the Indonesian Ulema Council (MUI) (2025 – present)
                            •   Supervisory Board of the Food, Drug, and Cosmetics Assessment Agency (LPPOM) at the Indonesian
                                Ulema Council (MUI) (2025–present)
                            •   Member of the National Sharia Council Plenary Board (BPH DSN) at the Indonesian Ulema Council (MUI)
                                (2025–present)
                            •   Assessor of the Halal Inspection Agency (LPH) and the Foreign Halal Agency (LHLN) at the Halal
                                Product Guarantee Agency (BPJPH) (2022 – present)
                            •   Chief Executive Officer at the Indonesian Ulema Council Professional Certification Agency (LSP MUI)
                                (2020 – present)
                            •   Sharia Supervisory Board at PT Panin Asset Management (2015–present)
                            •   Chairman of the Islamic Education Foundation "Baitul Muttaqin" Bekasi (2012–present)
                            •   Board Member at PT Astra Sedaya Finance (2012–present)
                            •   Chairman of the Islamic Education Foundation "Baitul Muttaqin" Bekasi (2012 – present)
                            •   Board Member at Bank Panin Dubai Syariah (2010–present)
                            •   Board Member at Syariah High School (2006–present)
                            •   Board Member at PT Asuransi Tripakarta Syariah (2002–present)
                            •   Lecturer at UIN "Syarif Hidayatullah" Jakarta (1996 – present)

Hubungan Afiliasi           Tidak memiliki hubungan afiliasi dengan anggota Komisaris, Direksi, dan pemegang saham.
Affiliated Relationship     No affiliation with members of the Board of Commissioners, Board of Directors, and shareholders.



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Penilaian Uji Kemampuan dan Kepatutan Dewan Pengawas Syariah
Sharia Supervisory Board Fit and Proper Test

Seluruh calon anggota DPS Perseroan wajib menjalani                              All candidates for membership of the Company’s Sharia
uji kemampuan dan kepatutan (fit and proper test) yang                           Supervisory Board are required to undergo a fit and proper test
diselenggarakan oleh OJK sesuai ketentuan peraturan yang                         conducted by the OJK in accordance with applicable regulations.
berlaku. Penilaian ini bertujuan untuk memastikan bahwa setiap                   This assessment aims to acknowledge that each member of the
anggota DPS memiliki integritas, kompetensi, dan reputasi                        Sharia Supervisory Board has integrity, competence, and a good
keuangan yang baik, sehingga mampu melaksanakan fungsi                           financial reputation, and that they are able to carry out their
pengawasan syariah secara independen dan profesional.                            sharia supervisory functions independently and professionally.

Informasi lebih lanjut mengenai hasil penilaian tersebut disajikan               Further information regarding the assessment results is
pada tabel di bawah ini:                                                         presented in the table below:


                                                                                                               Tanggal Efektif Berdasarkan Surat
       Nama                         Jabatan                          Pelaksana                   Hasil
                                                                                                                               OJK
       Name                         Position                         Organizer                   Result
                                                                                                               Effective Date Based on FSA Letter

 Aminudin Yakub                       DPS                     Otoritas Jasa Keuangan              Lulus                   2 Mei 2014
                            Sharia Supervisory Board        Financial Services Authority         Passed                   May 2, 2014




Rangkap Jabatan Dewan Pengawas Syariah
Concurrent Position of Sharia Supervisory Board Member

Perseroan memastikan bahwa pelaksanaan rangkap jabatan                           The Company ensures that the implementation of the concurrent
DPS telah diselaraskan dengan ketentuan POJK 46/2024                             position of the Sharia Supervisory Board is in line with the
tentang Pengembangan dan Penguatan Perusahaan                                    provisions of the Financial Services Authority Regulation or
Pembiayaan, Perusahaan Pembiayaan Infrastruktur, dan                             POJK 46/2024 concerning the Development and Strengthening
Perusahaan Modal Ventura juncto POJK 35/2018 tentang                             of Financing Companies, Infrastructure Financing Companies,
Penyelenggaraan Usaha Perusahaan Pembiayaan. Dengan                              and Venture Capital Companies, in conjunction with POJK
menerapkan kebijakan rangkap jabatan ini, Perseroan                              35/2018 concerning the Operation of Financing Companies. By
memastikan DPS dapat menjalankan fungsi pengawasan                               implementing this concurrent policy, the Company ensures that
syariah secara independen dan profesional.                                       the Sharia Supervisory Board can perform its Sharia supervisory
                                                                                 functions independently and professionally.

Informasi mengenai rangkap jabatan DPS Perseroan per 31                          Information regarding the concurrent position of the Company’s
Desember 2025 disajikan berikut ini:                                             Sharia Supervisory Board as of December 31, 2025 is
                                                                                 presented below:
       Nama                       Jabatan                  Rangkap Jabatan                   Nama Perusahaan                   Bidang Usaha
       Name                       Position                Concurrent Positions                Company Name                    Line of Business

 Aminudin Yakub        Dewan Pengawas Syariah          Dewan Pengawas Syariah        PT Astra Sedaya Finance              Perusahaan Pembiayaan
                       Sharia Supervisory Board        Sharia Supervisory Board                                           Financing Company

                                                                                     PT Asuransi Tripakatra Syariah       Perusahaan Asuransi
                                                                                                                          Insurance Company

                                                                                     Bank Panin Dubai Syariah (PDSB)      Perbankan
                                                                                                                          Bank

                                                                                     Panin Asset Management               Perusahaan Manajemen
                                                                                                                          Aset
                                                                                                                          Asset Management
                                                                                                                          Company




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Kebijakan Pengelolaan Benturan Kepentingan Dewan Pengawas Syariah
Conflict of Interest Management Policy Sharia Supervisory Board

Perseroan menerapkan Kebijakan Pengelolaan Benturan             The Company implements a Conflict of Interest Management
Kepentingan bagi DPS untuk memastikan setiap                    Policy for the Sharia Supervisory Board to ensure that each
anggotanya menjaga independensi, profesionalisme, dan           member maintains independence, professionalism, and avoids
menghindari kepentingan pribadi yang dapat memengaruhi          personal interests that may affect the objectivity of decisions.
objektivitas keputusan.

Dalam hal terdapat potensi benturan kepentingan, anggota        In the event of a potential conflict of interest, Sharia Supervisory
DPS diwajibkan untuk mengungkapkan kondisi tersebut secara      Board members are required to disclose such circumstances
terbuka kepada Perseroan dan tidak terlibat dalam proses        openly to the Company and shall not be involved in the related
pengambilan keputusan terkait.                                  decision-making process.

Sepanjang tahun 2025, tidak terdapat potensi benturan           Throughout 2025, there were no potential conflicts of interest
kepentingan dalam pelaksanaan tugas dan keputusan DPS.          in the implementation of the Sharia Supervisory Board’s duties
                                                                and decisions.

Transparansi Kepemilikan Saham Dewan Pengawas Syariah
Transparency of Sharia Supervisory Board Share Ownership


Komitmen Perseroan terhadap GCG salah satunya diupayakan        The Company’s commitment to GCG is pursued, among other
melalui keterbukaan informasi mengenai kepemilikan saham        things, through transparency regarding the share ownership
anggota DPS baik di Perseroan maupun di perusahaan lainnya,     of Sharia Supervisory Board members both in the Company
yaitu sebagai berikut:                                          and in other companies, as follows:


                                                                                     Kepemilikan Saham
      Nama                       Jabatan                                              Share Ownership
      Name                       Position                     Perseroan            Perusahaan Pembiayaan/Perusahaan Lainnya
                                                              Company                  Financing Company/Other Companies

Aminudin Yakub           Dewan Pengawas Syariah               Tidak ada                             Tidak ada
                         Sharia Supervisory Board               None                                  None




Independensi Dewan Pengawas Syariah
Independence of the Sharia Supervisory Board

DPS Perseroan menjalankan fungsi dan tanggung jawabnya          The Company’s Sharia Supervisory Board carries out its
dengan tetap menjaga independensi dan objektivitas, serta       functions and responsibilities while maintaining independence
selalu menempatkan kepentingan Perseroan sebagai prioritas      and objectivity, and always prioritizing the interests of the
utama. Komitmen terhadap independensi ini dibuktikan            Company. This commitment to independence is evidenced
dengan tidak adanya hubungan keluarga, keuangan, maupun         by the absence of family, financial, or other interests between
kepentingan lain antara anggota DPS dengan Direksi, Dewan       Sharia Supervisory Board members and the Board of Directors,
Komisaris, maupun pemegang saham utama atau pengendali.         Board of Commissioners, or major shareholders or controllers.
Sebagai bentuk penerapan prinsip GCG, Perseroan juga            As a form of implementing GCG principles, the Company
melarang anggota DPS merangkap jabatan sebagai Direksi          also prohibits members of the Sharia Supervisory Board
atau Dewan Komisaris Perseroan.                                 from concurrently serving as Directors or Commissioners of
                                                                the Company.




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Rapat Dewan Pengawas Syariah
Sharia Supervisory Board Meeting

Kebijakan Rapat                                                          Meeting Policy
Kebijakan terkait pelaksanaan rapat DPS termasuk tata tertib             Policies related to the implementation of Sharia Supervisory
pelaksanaan serta mekanisme pengambilan keputusan                        Board meetings, including the rules of procedure and decision-
senantiasa berpedoman pada prosedur yang ditetapkan                      making mechanisms, are always based on the procedures
dalam POJK 46/2024 tentang Pengembangan dan Penguatan                    set forth in POJK 46/2024 concerning the Development
Perusahaan Pembiayaan, Perusahaan Pembiayaan Infrastruktur,              and Strengthening of Financing Companies, Infrastructure
dan Perusahaan Modal Ventura juncto POJK 35/2018 tentang                 Financing Companies, and Venture Capital Companies in
Penyelenggaraan Usaha Perusahaan Pembiayaan.                             conjunction with POJK 35/2018 concerning the Operation of
                                                                         Financing Companies.

Tingkat Kehadiran DPS dalam Rapat                                        Sharia Supervisory Board Attendance Rate at Meetings
Per 31 Desember 2025, DPS telah menyelenggarakan sebanyak                As of December 31, 2025, the Sharia Supervisory Board has
6 (enam) kali rapat dengan rata-rata tingkat kehadiran anggota           held 6 (six) meetings with an average attendance rate of 100%.
dalam rapat adalah 100%.

Agenda Rapat DPS                                                         Sharia Supervisory Board Meeting Agenda
Selama 2025, topik-topik strategis yang dibahas dalam rapat              During 2025, the strategic topics discussed in Sharia
DPS, di antaranya:                                                       Supervisory Board meetings included:


         Tanggal
                                                                                Agenda
          Date

 26 Februari 2025           •   Pembahasan Company Performance Q4 2024
 February 26, 2025          •   Pembahasan Aktivitas Pemasaran Q4 2024
                            •   Laporan Likuiditas Q4 2024
                            •   Preview Laporan Profil Risiko Terintegrasi Semester II 2024
                            •   Pembahasan Risk Management Update Semester II 2024
                            •   Pembahasan Aspek Akuntansi Semester II 2025

                            •   Discussion of Company Performance Q4 2024
                            •   Discussion of Marketing Activities Q4 2024
                            •   Liquidity Report Q4 2024
                            •   Preview of Integrated Risk Profile Report for the Second Semester of 2024
                            •   Discussion of Risk Management Update for the Second Semester of 2024
                            •   Discussion of Accounting Aspects for the Second Semester of 2025

 25 April 2025              •   Pembahasan Company Performance Q1 2025
 April 25, 2025             •   Pembahasan Aktivitas Pemasaran Q1 2025
                            •   Laporan Likuiditas Q1 2025

                            •   Discussion of Company Performance Q1 2025
                            •   Discussion of Marketing Activities Q1 2025
                            •   Liquidity Report Q1 2025

 19 Juni 2025               •   Pembahasan Proses terkait Pembiayaan Syariah Semester I 2025
 June 19, 2025              •   Pembahasan Akad Pembiayaan Syariah Semester I 2025
                            •   Pembahasan Aspek Akuntansi Semester I 2025

                            •   Discussion of Sharia Financing Processes for the First Semester of 2025
                            •   Discussion of Sharia Financing Agreements for the First Semester of 2025
                            •   Discussion of Accounting Aspects for the First Semester of 2025




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       Tanggal
                                                                         Agenda
        Date

31 Juli 2025          •   Pembahasan Company Performance Q2 2025
July 31, 2025         •   Pembahasan Aktivitas Pemasaran Q2 2025
                      •   Pembahasan Aspek Akuntansi Semester I 2025
                      •   Laporan Likuiditas Q2 2025
                      •   Review Laporan Profil Risiko Terintegrasi Semester I 2025
                      •   Pembahasan Evaluasi Fungsi Kepatuhan terhadap Pemenuhan Prinsip Syariah Semester I 2025

                      •   Discussion of Company Performance Q2 2025
                      •   Discussion of Marketing Activities Q2 2025
                      •   Discussion of Accounting Aspects Semester I 2025
                      •   Liquidity Report Q2 2025
                      •   Review of Integrated Risk Profile Report Semester I 2025
                      •   Discussion of Compliance Function Evaluation on Sharia Principles Compliance Semester I 2025

31 Oktober 2025       •   Pembahasan Company Performance Q3 2025;
October 31, 2025      •   Pembahasan Aktivitas Pemasaran Q3 2025;
                      •   Laporan Likuiditas Q3 2025

                      •   Discussion of Company Performance Q3 2025;
                      •   Discussion of Marketing Activities Q3 2025;
                      •   Liquidity Report for Q3 2025

22 Desember 2025      •   Pembahasan Proses terkait Pembiayaan Syariah Semester II 2025
December 22, 2025     •   Pembahasan Akad Pembiayaan Syariah Semester II 2025
                      •   Pembahasan Evaluasi Fungsi Kepatuhan terhadap Pemenuhan Prinsip Syariah Semester II 2025

                      •   Discussion of Sharia Financing Process for the Second Semester of 2025
                      •   Discussion of Sharia Financing Agreements for the Second Semester of 2025
                      •   Discussion of Compliance Function Evaluation Regarding Sharia Principles Compliance for the Second
                          Semester of 2025




Program Pelatihan dan Peningkatan Kompetensi Dewan Pengawas Syariah Tahun 2025
Training and Competency Development Program for the Sharia Supervisory Board in 2025


Kebijakan Pelatihan dan Pengembangan Kompetensi                   Training and Competency Development Policy for the
DPS                                                               Sharia Supervisory Board
Perseroan mendorong DPS untuk secara aktif mengikuti              The Company encourages the Sharia Supervisory Board
berbagai kegiatan pengembangan kompetensi agar dapat              to actively participate in various competency development
terus memahami perkembangan regulasi dan praktik syariah          activities so that they can continue to understand the
yang berlaku di sektor industri multifinance.                     developments in regulations and Sharia practices applicable
                                                                  in the multifinance industry sector.

Daftar Pelatihan dan Pengembangan Kompetensi DPS                  List of Training and Competency Development Programs
Tahun 2025                                                        for the Sharia Supervisory Board in 2025
Sepanjang tahun 2025, DPS telah mengikuti berbagai program        Throughout 2025, the Sharia Supervisory Board has
pengembangan kompetensi, dengan uraian sebagai berikut:           participated in various competency development programs,
                                                                  as detailed below:




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        Nama                         Jabatan                        Jenis Pelatihan                Tanggal Pelaksanaan       Penyelenggara
        Name                         Position                       Type of Training                       Date                Organizer

 Aminudin Yakub             Dewan Pengawas Syariah       Seminar Nasional "Will Trade War Create   6 Mei 2025               APPI
                            Sharia Supervisory Board     Financial Turmoil?"                       May 6, 2025
                                                         "Will the Trade War Create Financial
                                                         Turmoil?" National Seminar

                                                         Workshop Pra-Ijtima' Sanawi (Annual       24 – 25 September        DSN MUI
                                                         Meeting) DPS X Tahun 2025                 2025
                                                         Pre-Annual Meeting Workshop (Annual       September 24–25,
                                                         Meeting) Sharia Supervisory Board X       2025
                                                         2025



Program Orientasi bagi Anggota Dewan Pengawas Syariah Baru Tahun 2025
Orientation Program for New Sharia Supervisory Board Members in 2025


Sepanjang tahun 2025, Perseroan tidak menyelenggarakan                   Throughout 2025, the Company did not hold an orientation or
program orientasi atau induksi bagi anggota DPS baru, karena             induction program for new Sharia Supervisory Board members,
tidak terjadi perubahan susunan keanggotaan.                             as there were no changes in membership composition.


Realisasi Pelaksanaan Tugas Dewan Pengawas Syariah Tahun 2025
Implementation of the Sharia Supervisory Board’s Duties in 2025


Sepanjang tahun 2025, DPS telah melaksanakan tugas dan                   Throughout 2025, the Sharia Supervisory Board has carried out
tanggung jawabnya dengan uraian singkat sebagai berikut:                 its duties and responsibilities with the following brief description:
1. Pelaksanaan Rapat DPS                                                 1. Implementation of Sharia Supervisory Board Meetings
   Dewan Pengawas Syariah telah melaksanakan rapat dengan                     The Sharia Supervisory Board held six (6) meetings
   manajemen sebanyak 6 (enam) kali dengan rincian tanggal                    withmanagement, with the following dates:
   pelaksanaan sebagai berikut:
   a. 26 Februari 2025                                                      a. February 26, 2025
   b. 25 April 2025                                                         b. April 25, 2025
   c. 19 Juni 2025                                                          c. June 19, 2025
   d. 31 Juli 2025                                                          d. July 31, 2025
   e. 31 Oktober 2025                                                       e. October 31, 2025
2. Penerapan Evaluasi DPS atas Pemenuhan Prinsip Syariah                 2. Implementation of Sharia Supervisory Board Evaluation
   Dewan Pengawas Syariah.                                                  on Compliance with Sharia Principles by the Sharia
                                                                            Supervisory Board.




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Penilaian Kinerja
Dewan Komisaris dan Direksi
Performance Assessment of the Board of Commissioners and Directors



Prosedur Penilaian Kinerja                                          Performance Assessment Procedures
Kinerja Dewan Komisaris dan Direksi dievaluasi secara periodik      The performance of the Board of Commissioners and Directors
setidaknya setiap satu tahun sekali baik secara kolegial maupun     is assessed periodically at least once a year, both collectively
individual dengan menggunakan metode self-assessment yang           and individually, using a self-assessment method based on
dilakukan berdasarkan SEOJK No. 28/SEOJK.06/2025 tentang            SEOJK No. 28/SEOJK.06/2025 concerning Reports on the
Laporan Penerapan Tata Kelola yang Baik bagi Lembaga                Implementation of Good Governance for Financing Institutions,
Pembiayaan, Perusahaan Modal Ventura, Lembaga Keuangan              Venture Capital Companies, Microfinance Institutions, and
Mikro, dan Lembaga Jasa Keuangan Lainnya. Selain itu, Komite        Other Financial Services Institutions. The Nomination and
Nominasi dan Remunerasi juga berhak memberikan evaluasi             Remuneration Committee also has the right to evaluate the
kinerja bagi Dewan Komisaris dan Direksi.                           performance of the Board of Commissioners and Directors.

Kriteria Penilaian Kinerja                                          Performance Assessment Criteria
Parameter penilaian yang digunakan untuk mengukur kinerja           The assessment parameters used to measure the performance
Dewan Komisaris dan Direksi mengacu pada kriteria dan               of the Board of Commissioners and Board of Directors refer to
proses yang diformulasikan dan direkomendasikan oleh                the criteria and processes formulated and recommended by
Komite Nominasi dan Remunerasi dengan mengacu pada                  the Nomination and Remuneration Committee with reference
pedoman kerja Komite Nominasi dan Remunerasi serta SEOJK            to the Nomination and Remuneration Committee’s work
No. 28/SEOJK.06/2025 tentang Laporan Penerapan Tata                 guidelines and SEOJK No. 28/SEOJK.06/2025 concerning
Kelola yang Baik bagi Lembaga Pembiayaan, Perusahaan                the Report on the Implementation of Good Governance for
Modal Ventura, Lembaga Keuangan Mikro, dan Lembaga Jasa             Financing Institutions, Venture Capital Companies, Microfinance
Keuangan Lainnya.                                                   Institutions, and Other Financial Services Institutions.

Selanjutnya, hasil self-assessment Dewan Komisaris dan              Furthermore, the results of the self-assessment of the Board
Direksi diungkapkan di dalam Laporan Tahunan yang                   of Commissioners and Board of Directors are disclosed in the
kemudian disampaikan kepada RUPS sebagai bentuk                     Annual Report, which is then submitted to the GMS as a form
pertanggungjawaban kepada pemegang saham. Laporan                   of accountability to shareholders. The complete report on the
tugas pengawasan Dewan Komisaris dan Direksi untuk periode          supervisory duties of the Board of Commissioners and Board
tahun buku 2025 selengkapnya dapat dilihat pada halaman             of Directors for the 2025 fiscal year can be found on the Board
Laporan Dewan Komisaris dan Laporan Direksi pada Laporan            of Commissioners Report and Board of Directors Report pages
Tahunan ini.                                                        of this Annual Report.

Hasil Penilaian Kinerja                                             Performance Assessment Results
Berdasarkan hasil evaluasi kinerja yang telah dilakukan             Based on the performance evaluation results conducted
sepanjang 2025, dapat disimpulkan bahwa Dewan Komisaris             throughout 2025, it can be concluded that the Board of
dan Direksi telah melaksanakan tugas dan tanggung jawab             Commissioners and Directors have carried out their supervisory
pengawasan secara efektif, sesuai dengan ketentuan                  duties and responsibilities effectively, in accordance with
yang berlaku.                                                       applicable regulations.




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Kebijakan Nominasi dan Remunerasi
Dewan Komisaris, Direksi, dan
Dewan Pengawas Syariah
Nomination and Remuneration Policy for the Board of Commissioners,
Board of Directors, and Sharia Supervisory Board



Kebijakan dan Prosedur Nominasi Bagi Dewan Komisaris, Direksi, dan Dewan Pengawas Syariah
Nomination Policies and Procedures for the Board of Commissioners, Board of Directors, and
Sharia Supervisory Board

Proses pemilihan dan penunjukan calon anggota Dewan              The process of selecting and appointing candidates for the
Komisaris, Direksi, dan DPS baru mengacu pada Pedoman            Board of Commissioners, Board of Directors, and new Sharia
Komite Nominasi dan Remunerasi serta peraturan perundang-        Supervisory Board refers to the Nomination and Remuneration
undangan yang berlaku. Perseroan memiliki Komite Nominasi        Committee Guidelines and applicable laws and regulations. The
dan Remunerasi yang membantu Dewan Komisaris dalam               Company has a Nomination and Remuneration Committee that
melaksanakan fungsi pengawasan terkait nominasi dan              assists the Board of Commissioners in managing its supervisory
remunerasi anggota Direksi, Dewan Komisaris, dan DPS.            functions related to the nomination and remuneration of
                                                                 members of the Board of Directors, Board of Commissioners,
                                                                 and Sharia Supervisory Board.

Sepanjang proses nominasi, Komite Nominasi dan Remunerasi        Throughout the nomination process, the Nomination and
bertanggung jawab untuk memberikan rekomendasi atas              Remuneration Committee is responsible for providing
komposisi Direksi, Dewan Komisaris, dan DPS dengan               recommendations on the composition of the Board of Directors,
mengedepankan prinsip profesionalisme dan independensi.          Board of Commissioners, and Sharia Supervisory Board,
Dalam pelaksanaannya, Komite menetapkan kriteria yang            prioritizing the principles of professionalism and independence.
jelas bagi setiap kandidat dengan mempertimbangkan aspek         In its implementation, the Committee establishes clear criteria
kompetensi dan karakter, serta memperhatikan kebutuhan           for each candidate by considering aspects of competence
keberagaman secara proporsional guna mendukung efektivitas       and character, as well as paying attention to the need for
pelaksanaan tugas dan tanggung jawab Direksi, Dewan              proportional diversity to support the effective implementation
Komisaris, dan DPS.                                              of the duties and responsibilities of the Board of Directors,
                                                                 Board of Commissioners, and Sharia Supervisory Board.

Dengan mengacu pada kualifikasi individual yang telah            With reference to the individual qualifications that have been
ditetapkan tersebut, Komite Nominasi dan Remunerasi              determined, the Nomination and Remuneration Committee then
selanjutnya melakukan proses identifikasi dan mengusulkan        conducts an identification process and proposes candidates
calon Direksi, Dewan Komisaris, dan DPS yang dinilai memenuhi    for the Board of Directors, Board of Commissioners, and
persyaratan yang berlaku.                                        Sharia Supervisory Board who are deemed to meet the
                                                                 applicable requirements.

Kebijakan Nominasi Perseroan mengatur secara rinci prosedur      The Company’s Nomination Policy regulates in detail the
pemilihan, pengangkatan, pemberhentian, dan penggantian          procedures for the selection, appointment, dismissal, and
anggota Dewan Komisari, Direksi, dan DPS dengan rincian          replacement of members of the Board of Commissioners,
sebagai berikut:                                                 Board of Directors, and Sharia Supervisory Board, with the
                                                                 following details:




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1. Kriteria Anggota Direksi, Dewan Komisaris, dan DPS                 1. Criteria for Members of the Board of Directors, Board of
                                                                         Commissioners, and Sharia Supervisory Board
   Calon anggota Direksi, Dewan Komisaris, dan DPS                       Candidates for the Company’s Board of Directors, Board
   Perseroan paling kurang harus memenuhi persyaratan                    of Commissioners, and Sharia Supervisory Board must at
   dan kriteria sebagaimana ditetapkan dalam peraturan                   least meet the requirements and criteria as stipulated in the
   perundang-undangan yang berlaku, baik persyaratan dan                 applicable laws and regulations, both in terms of integrity,
   kriteria dari sisi integritas, kompetensi, reputasi, domisili,        competence, reputation, domicile, independence, or other
   independensi, atau kriteria khusus lainnya.                           specific criteria.

2. Mekanisme Pemilihan Anggota Direksi, Dewan Komisaris,              2. Mechanism for Selecting Members of the Board
   dan DPS                                                               of Directors, Board of Commissioners, and Sharia
                                                                         Supervisory Board
   Prosedur Pemilihan Direksi, Dewan Komisaris, dan DPS                  The procedure for selecting the Board of Directors, Board
   Perseroan dilakukan melalui tahapan-tahapan berikut:                  of Commissioners, and Sharia Supervisory Board of the
                                                                         Company is done through the following stages:
   a. Kandidat diprioritaskan berasal dari talent internal               a. Candidates are prioritized from internal talent
      yang memiliki potensi untuk menjadi Direktur dan                       who have the potential to become Directors and
      Komisaris Perseroan, namun juga dapat berasal dari                     Commissioners of the Company, but may also come
      kalangan profesional.                                                  from professional circles.
   b. Perseroan dapat menggunakan jasa pihak ketiga (search              b. The Company may use the services of independent
      firms) yang independen yang memiliki reputasi baik                     third parties (search firms) with a good reputation in
      dalam proses seleksi kandidat Direktur dan Komisaris.                  the selection process for Director and Commissioner
      Pihak ketiga yang ditunjuk (search firms) oleh Perseroan               candidates. The third parties appointed (search firms)
      akan membantu proses seleksi, khususnya dalam hal:                     by the Company will assist in the selection process,
                                                                             particularly in terms of:
      •   Mengidentifikasi kandidat yang memenuhi                            • Identifying candidates who meet the requirements;
          persyaratan;
      •   Melakukan wawancara dan seleksi kandidat                             • Conducting interviews and selecting candidates
          (termasuk melakukan pengecekan latar belakang                          (including conducting background checks and
          dan referensi);                                                        references);
      •   Bertindak sebagai penghubung antara Dewan                          • Acting as a liaison between the Board of
          Komisaris, Komite Nominasi dan Remunerasi dan                          Commissioners, the Nomination and Remuneration
          kandidat selama proses seleksi dan evaluasi;                           Committee, and candidates during the selection and
                                                                                 evaluation process;
      •  Memberikan konsultasi yang diperlukan oleh Komite                   • Providing necessary consultation to the Nomination
         Nominasi dan Remunerasi.                                                and Remuneration Committee.
   c. Anggota Direksi, Dewan Komisaris dan/atau Pemegang                  c. Members of the Board of Directors, Board of
      Saham Perseroan dapat menyampaikan usulan kandidat                     Commissioners and/or Shareholders of the Company
      anggota Direksi, Dewan Komisaris, dan DPS kepada                       may submit proposals for candidates for the Board
      Perseroan. Pemegang saham yang dapat mengusulkan                       of Directors, Board of Commissioners, and Sharia
      kandidat anggota Direksi adalah 1 (satu) pemegang                      Supervisory Board to the Company. Shareholders who
      saham atau lebih yang mewakili 1/20 (satu per dua puluh)               may propose candidates for the Board of Directors are
      atau lebih dari jumlah seluruh saham dengan hak suara.                 1 (one) or more shareholders representing 1/20 (one
                                                                             twentieth) or more of the total number of shares with
                                                                             voting rights.

3. Prosedur Pengangkatan Anggota Direksi, Dewan                       3. Procedures for Appointing Members of the Board
   Komisaris, dan DPS                                                    of Directors, Board of Commissioners, and Sharia
                                                                         Supervisory Board
   Sesuai dengan kebijakan nominasi Perseroan, prosedur                  In accordance with the Company’s nomination policy,
   pengangkatan anggota Direksi, Dewan Komisaris, dan                    the procedure for appointing members of the Board of
   DPS mengharuskan persetujuan RUPS dan lulus Penilaian                 Directors, Board of Commissioners, and Sharia Supervisory
   Kemampuan dan Kepatutan (Fit and Proper Test) dari OJK,               Board requires the approval of the GMS and passing the




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   serta memenuhi persyaratan lain yang ditetapkan instansi           Fit and Proper Test from the OJK, as well as fulfilling other
   terkait sebelum resmi menjabat.                                    requirements set by the relevant agencies before officially
                                                                      taking office.

4. Prosedur Pemberhentian, Penggantian dan/atau                   4. Procedures for Dismissal, Replacement and/or
   Pengunduran Diri Anggota Direksi, Dewan Komisaris,                Resignation of Members of the Board of Directors, Board
   dan DPS                                                           of Commissioners, and Sharia Supervisory Board

   Prosedur Pemberhentian, Penggantian, dan/atau                      The procedures for dismissal, replacement, and/or
   Pengunduran Diri Anggota Direksi, Dewan Komisaris,                 resignation of members of the Board of Directors, Board
   dan DPS Perseroan dijalankan sesuai kebijakan nominasi             of Commissioners, and Sharia Supervisory Board of the
   Perseroan dan ketentuan peraturan perundang-undangan               Company are in accordance with the Company’s nomination
   yang berlaku, dengan tahapan sebagai berikut:                      policy and applicable laws and regulations, with the
                                                                      following stages:
   a. Usulan pemberhentian dan/atau penggantian anggota               a. Proposals for the dismissal and/or replacement of
      Direksi dan Dewan Komisaris yang disampaikan kepada                 members of the Board of Directors and Board of
      RUPS harus memperhatikan rekomendasi dari Komite                    Commissioners submitted to the GMS must take into
      Nominasi dan Remunerasi Perseroan.                                  account the recommendations of the Company’s
                                                                          Nomination and Remuneration Committee.
   b. Anggota Direksi dan Dewan Komisaris dapat                       b. Members of the Board of Directors and Board of
      diberhentikan sewaktu-waktu berdasarkan keputusan                   Commissioners may be dismissed at any time based on
      RUPS dengan menyebutkan alasannya.                                  GMS resolution, stating the reasons for such dismissal.
   c. Anggota Direksi dan Dewan Komisaris berhak                      c. Members of the Board of Directors and Board of
      mengundurkan diri dari jabatannya dengan                            Commissioners have the right to resign from their
      memberitahukan secara tertulis mengenai maksudnya                   positions by notifying the Company in writing of their
      tersebut dan alasan pengunduran diri kepada Perseroan               intention and the reasons for their resignation no later
      selambatnya 90 (sembilan puluh) hari atau 3 (tiga) bulan            than 90 (ninety) days or 3 (three) months before the
      sebelum efektif pengunduran dirinya.                                effective date of their resignation.


Kebijakan dan Prosedur Penetapan Remunerasi bagi Dewan Komisaris, Direksi, dan DPS
Remuneration Determination Policy and Procedures for the Board of Commissioners, Board of
Directors, and Sharia Supervisory Board


Kebijakan dan Prosedur Penetapan Remunerasi Dewan                 Remuneration Policy and Procedures for the Board
Komisaris, Direksi, dan DPS                                       of Commissioners, Board of Directors, and Sharia
                                                                  Supervisory Board
Perseroan menetapkan kebijakan remunerasi bagi Dewan              The Company establishes remuneration policies for the
Komisaris, Direksi, dan DPS dengan mengacu pada ketentuan         Board of Commissioners, Board of Directors, and Sharia
peraturan perundang-undangan yang berlaku serta kebijakan         Supervisory Board with reference to applicable laws and
internal Perseroan dengan mempertimbangkan rekomendasi            regulations as well as the Company’s internal policies, taking
dari Komite Nominasi dan Remunerasi.                              into account recommendations from the Nomination and
                                                                  Remuneration Committee.

Indikator Penetapan Remunerasi Dewan Komisaris,                   Indicators for Determining the Remuneration of the
Direksi, dan DPS                                                  Board of Commissioners, Board of Directors, and Sharia
                                                                  Supervisory Board
Indikator penetapan remunerasi bagi Dewan Komisaris,              Remuneration determination indicators for the Board
Direksi, dan DPS dengan mengacu pada ketentuan peraturan          of Commissioners, Board of Directors, and Sharia
perundang-undangan yang berlaku serta kebijakan internal          Supervisory Board with reference to applicable laws and
Perseroan dengan mempertimbangkan rekomendasi dari                regulations and the Company’s internal policies, taking
Komite Nominasi dan Remunerasi.                                   into account recommendations from the Nomination and
                                                                  Remuneration Committee.




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Pengungkapan Mengenai Kebijakan Remunerasi dan Fasilitas Lain bagi Anggota Direksi,
Dewan Komisaris, DPS, dan Pegawai
Disclosure Regarding Remuneration Policies and Other Facilities for Members of the Board of
Directors, Board of Commissioners, Sharia Supervisory Board, and Employees

1. Pengungkapan Mengenai Kebijakan Remunerasi dan                  1. Disclosure Regarding Remuneration Policies and Other
   Fasilitas Lain bagi Anggota Direksi, Dewan Komisaris,              Facilities for Members of the Board of Directors, Board
   dan DPS                                                            of Commissioners, and Sharia Supervisory Board

   a. Remunerasi dalam Bentuk Non-Natura, Termasuk Gaji                a. Remuneration in Non-Natura Form (Cash), Including
      dan Penghasilan Tetap Lainnya, Antara Lain Tunjangan                Salaries and Other Fixed Income, Such as Benefits,
      (Benefit), Kompensasi Berbasis Saham, Tantiem dan                   Share-Based Compensation, Bonuses, and Other
      Bentuk Remunerasi Lainnya                                           Forms of Remuneration

      Perseroan memberikan kuasa kepada Presiden                            The Company authorizes the President Commissioner of
      Komisaris Perseroan untuk menetapkan gaji dan                         the Company to determine the salaries and benefits of
      tunjangan anggota Direksi Perseroan, serta honorarium                 the members of the Board of Directors of the Company,
      anggota Dewan Komisaris.                                              as well as the honoraria of the members of the Board
                                                                            of Commissioners.

      Perseroan memberikan tantiem untuk anggota                            The Company provides bonuses to members of the
      Direksi dan Dewan Komisaris yang dikaitkan dengan                     Board of Directors and Board of Commissioners based
      kinerja Perseroan.                                                    on the Company’s performance.

   b. Fasilitas Lain dalam Bentuk Natura/Non-Natura                    b. ther Facilities in the Form of Non-Cash/Cash Benefits
      Berupa Penghasilan Tidak Tetap Lainnya, Termasuk                    Include Other Non-Fixed Income, such as Housing
      Tunjangan untuk Perumahan, Transportasi, Asuransi                   Allowances, Transportation Allowances, Health
      Kesehatan dan Fasilitas Lainnya                                     Insurance, and Other Facilities

      Sebagai bagian dari paket remunerasi, Perseroan                       As part of the remuneration package, the Company
      menyediakan berbagai tunjangan bagi Direksi yang                      provides various allowances for the Board of Directors
      dirancang untuk mendukung pelaksanaan tugas dan                       designed to support the performance of their duties and
      tanggung jawabnya, antara lain tunjangan transportasi,                responsibilities, including transportation allowances,
      tunjangan perjalanan dinas beserta fasilitas pengemudi,               business travel allowances along with driver facilities,
      perlindungan melalui asuransi kesehatan, asuransi jiwa,               protection through health insurance, life insurance, and
      dan asuransi kecelakaan, serta program dana pensiun.                  accident insurance, as well as a pension fund program.

2. Pengungkapan Paket atau Kebijakan Remunerasi Dalam              2. Disclosure of Remuneration Packages or Policies in 1
   1 (Satu) Tahun                                                     (One) Year

   a. Paket atau Kebijakan Remunerasi dan Fasilitas Lain               a. Remuneration Packages or Policies and Other
      bagi Anggota Direksi, Dewan Komisaris, dan DPS yang                 Facilities for Members of the Board of Directors, Board
      Ditetapkan Rapat Umum Pemegang Saham (RUPS)                         of Commissioners, and Sharia Supervisory Board as
                                                                          Determined by the General Meeting of Shareholders
                                                                          (GMS)

      Perseroan tidak menetapkan paket atau fasilitas lain                  The Company does not determine packages or
      bagi Direksi, Dewan Komisaris dan DPS dalam RUPS                      other facilities for the Board of Directors, Board of
      selain dari gaji dan tunjangan anggota Direksi Perseroan              Commissioners, and Sharia Supervisory Board in the
      serta honorarium anggota Dewan Komisaris.                             GMS other than the salaries and allowances of the
                                                                            Company’s Board of Directors and the honoraria of
                                                                            the Board of Commissioners.




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 Performance Highlights             Management Report            Company Profile




 b. Remunerasi dan Fasilitas Lain bagi Seluruh Anggota                b. Remuneration and Other Facilities for All Members
    Direksi, Dewan Komisaris, dan DPS Paling Sedikit                     of the Board of Directors, Board of Commissioners,
    Mencakup Jumlah Anggota Direksi, Jumlah Anggota                      and Sharia Supervisory Board Shall at Least Include
    Dewan Komisaris, Jumlah Anggota DPS, dan Jumlah                      the number of Members of the Board of Directors, the
    Seluruh Kebijakan Remunerasi dan Fasilitas Lain                      Number of Members of the Board of Commissioners,
    dalam 1 Tahun                                                        the Number of Members of the Sharia Supervisory
                                                                         Board, and the Total Amount of Remuneration and
                                                                         Other Facilities in One Year


         Jumlah yang Diterima
                                      Jumlah
           dalam Satu Tahun                                                               Nominal Fasilitas lain dalam Bentuk
                                      Anggota            Nominal Remunerasi*)
            (Jutaan Rupiah)                                                                            Natura**)
                                     Number of           Nominal Remuneration*)
        Amount Received in One                                                          Nominal Value of Other Benefits in Kind**)
                                     Members
        Year (Millions of Rupiah)

       Direksi                         6 orang          Rp61.224,329 juta | million     1.   Tunjangan Transportasi
       Board of Directors            6 members                (kotor | gross)                Natura:
                                                                                             a. Supir;
                                                                                             b. Asuransi Kesehatan dan
                                                                                                 Jiwa untuk 6 orang dengan
                                                                                                 keterangan sebagai berikut:
                                                                                                 • Tunjangan rawat jalan:
                                                                                                     maksimal Rp12 juta per tahun
                                                                                                     per anggota Direksi;
                                                                                                 • Asuransi rawat inap:
                                                                                                     maksimal claim Rp210
                                                                                                     juta per tahun per
                                                                                                     anggota Direksi;
                                                                                                 • Uang Pertanggungan Jiwa
                                                                                                     Meninggal Sakit: Rp400 juta
                                                                                                     per anggota Direksi;
                                                                                                 • Uang Pertanggungan
                                                                                                     Meninggal Kecelakaan
                                                                                                     diri: Rp1.200 juta per
                                                                                                     anggota Direksi.

                                                                                        1.   Transportation Allowance
                                                                                             In-kind/non-cash:
                                                                                             a. Driver;
                                                                                             b. Health and Life Insurance for 6
                                                                                                  people with the following details:
                                                                                                  • Outpatient allowance:
                                                                                                     maximum of Rp12 million
                                                                                                     per year per member of the
                                                                                                     Board of Directors;
                                                                                                  • Hospitalization insurance:
                                                                                                     maximum claim of Rp210
                                                                                                     million per year per member
                                                                                                     of the Board of Directors;
                                                                                                  • Life Insurance for Death
                                                                                                     Due to Illness: Rp400 million
                                                                                                     per member of the Board
                                                                                                     of Directors;
                                                                                                  • Accidental death benefit:
                                                                                                     Rp1,200 million per member
                                                                                                     of the Board of Directors.




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   Jumlah yang Diterima
                                   Jumlah
     dalam Satu Tahun                                                                               Nominal Fasilitas lain dalam Bentuk
                                   Anggota                  Nominal Remunerasi*)
      (Jutaan Rupiah)                                                                                            Natura**)
                                  Number of                 Nominal Remuneration*)
  Amount Received in One                                                                          Nominal Value of Other Benefits in Kind**)
                                  Members
  Year (Millions of Rupiah)

 Dewan Komisaris                    2 orang        •   Jumlah yang diterima Komisaris                      Tunjangan Hari Raya (THR)
 Board of Commissioners           2 members            Independen dalam 1 tahun adalah                      Holiday Allowance (THR)
                                                       Rp1.874,6 juta (kotor);
                                                   •   Gaji dan tunjangan Presiden
                                                       Komisaris dan Komisaris dibayarkan
                                                       oleh PT Astra International
                                                       Tbk selaku pemegang saham
                                                       utama Perseroan.
                                                   •   The total remuneration received by
                                                       the Independent Commissioners
                                                       in one year amounted to Rp1,874.6
                                                       million (gross).
                                                   •   The salaries and allowances of
                                                       the President Commissioner and
                                                       Commissioners are paid by PT Astra
                                                       International Tbk, as the Company’s
                                                       major shareholder.

 DPS                                 1 orang                Rp295,480 juta | million
 Sharia Supervisory Board          1 member                     (kotor | gross)


Keterangan:
*) Termasuk gaji dan penghasilan tetap lainnya, antara lain tunjangan (benefit), kompensasi berbasis saham, tantiem dan bentuk remunerasi
    lainnya dalam bentuk non natura.
**) Perumahan, transportasi, asuransi kesehatan dan sebagainya.

Description:
*) Includes salary and other fixed income, including benefits, compensation based on shares, bonuses and other forms of remuneration in
    cash form.
**) Housing, transportation, health insurance, and so on.


Jumlah anggota Direksi, Dewan Komisaris, dan DPS                      Number of members of the Board of Directors, Board of
yang menerima paket remunerasi dalam 1 (satu) tahun                   Commissioners, and Sharia Supervisory Board who received
yang dikelompokkan sesuai tingkat penghasilan                         a remuneration package in 1 (one) year, categorized according
sebagai berikut:                                                      to income level as follows:


                                                                                                      Jumlah Dewan
                                                                                Jumlah Direksi                               Jumlah DPS
   Jumlah Remunerasi per Orang dalam 1 (satu) Tahun secara Tunai                                         Komisaris
                                                                               Number of Board                             Number of Sharia
         Total Remuneration per Person in 1 (one) Year in Cash                                       Number of Board
                                                                                  of Directors                             Supervisory Board
                                                                                                     of Commissioners

 Di atas Rp2.000.000.000,00 (dua miliar rupiah)                                     6 orang                   -                      -
 Above Rp2,000,000,000.00 (two billion rupiah)                                    6 members

 Di atas Rp1.000.000.000,00 (satu miliar rupiah) s.d.                                   -                     -                      -
 Rp2.000.000.000,00 (dua miliar rupiah)
 Above Rp1,000,000,000.00 (one billion rupiah) to
 Rp2,000,000,000.00 (two billion rupiah)

 Di atas Rp500.000.000,00 (lima ratus juta rupiah) s.d.                                 -                   2 orang                  -
 Rp1.000.000.000,00 (satu miliar rupiah)                                                                  2 members
 Above Rp500,000,000.00 (five hundred million rupiah) to
 Rp1,000,000,000.00 (one billion rupiah)

 Rp500.000.000,00 (lima ratus juta rupiah) kebawah                                      -                     -                   1 orang
 Rp500,000,000.00 (five hundred million rupiah) and below                                                                       1 member




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  Performance Highlights               Management Report                   Company Profile




3. Rasio Gaji Tertinggi dan Terendah Karyawan                                3. Highest and Lowest Employee Salary Ratios

   Gaji yang diperbandingkan dalam rasio gaji adalah                             The salaries compared in the salary ratio are the
   imbalan yang diterima oleh anggota Direksi, Dewan                             compensation received by members of the Board of
   Komisaris dan karyawan PVML pada bulan terakhir tahun                         Directors, Board of Commissioners, and Financing, Venture
   pelaporan. Rasio gaji tertinggi dan terendah, dalam skala                     Capital Companies, Microfinance Institutions, and Other
   perbandingan berikut:                                                         Financial Services Institutions (PVML) employees in the last
                                                                                 month of the reporting year. The highest and lowest salary
                                                                                 ratios, on the following scale:


                                                                                                          Pebandingan
                                    Keterangan                                                             Comparison
                                    Explanation
                                                                                                              (a/b)

    Rasio gaji pegawai yang tertinggi (a) dan gaji pegawai yang terendah (b)
    Ratio of the highest employee salary (a) to the lowest employee salary                                    32,95
    (b)

    Rasio gaji anggota Direksi yang tertinggi (a) dan gaji anggota Direksi
    yang terendah (b)                                                                                          2,87
    Ratio of the highest director salary (a) to the lowest director salary (b)

    Rasio gaji anggota Dewan Komisaris yang tertinggi (a) dan gaji anggota         Tidak tersedia dikarenakan gaji dan tunjangan
    Dewan Komisaris yang terendah (b)                                              Presiden Komisaris dan Komisaris dibayarkan oleh
    The highest salary ratio of Board of Commissioners members (a) and             PT Astra International Tbk selaku pemegang saham
    the lowest salary ratio of Board of Commissioners members (b)                  utama Perseroan.
                                                                                   Not available because the salaries and allowances of the
                                                                                   President Commissioner and Commissioners are paid by
                                                                                   PT Astra International Tbk as the majority shareholder of
                                                                                   the Company.

    Rasio gaji anggota Direksi yang tertinggi (a) dan gaji Pegawai yang
    tertinggi (b)
                                                                                                              2,92
    The ratio of the highest salary of a member of the Board of Directors (a)
    and the highest salary of an employee (b)




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Kebijakan Keberagaman Komposisi
Dewan Komisaris dan Direksi
Diversity Policy Composition of the Board of Commissioners and Directors



Penetapan komposisi Dewan Komisaris dan Direksi Perseroan          The composition of the Company’s Board of Commissioners and
dilakukan dengan mempertimbangkan kebutuhan dan                    Board of Directors is determined by considering the needs and
kompleksitas bisnis yang dijalani. Dalam prosesnya, Perseroan      complexity of the business being undertaken. In the process, the
senantiasa mengedepankan aspek keberagaman, keahlian,              Company always prioritizes diversity, expertise, knowledge, and
pengetahuan, dan pengalaman dalam memilih sumber daya              experience in selecting its human capital. Through the diversity
manusianya. Melalui keberagaman komposisi Dewan Komisaris          of the Board of Commissioners and Board of Directors, each
dan Direksi yang beragam, masing-masing individu dapat             individual can create an organization that is rich in perspectives,
menciptakan organisasi yang kaya akan perspektif sehingga          which will be reflected in increasingly developed and innovative
akan tercermin pada aspek operasional dan bisnis yang semakin      operational and business aspects. Through diversity in top
berkembang dan inovatif. Melalui keberagaman pada posisi top       management positions, the Company also strives to sharpen
management, Perseroan juga berupaya untuk mempertajam              objectivity in the decision-making process so as to improve
objektivitas dalam proses pengambilan keputusan sehingga           the Company’s overall performance.
dapat meningkatkan performa Perseroan secara keseluruhan.

Pada tahun 2025, keberagaman komposisi Dewan Komisaris             In 2025, the diversity of the composition of the Company’s Board
dan Direksi Perseroan tercermin melalui variasi latar belakang     of Commissioners and Board of Directors is reflected in the
pendidikan, pengalaman profesional, rentang usia, serta            variety of educational backgrounds, professional experience,
keahlian yang dimiliki oleh masing-masing anggota. Rincian         age range, and expertise of each member. Details regarding
mengenai aspek keberagaman tersebut disajikan pada                 these aspects of diversity are presented in the following table:
tabel berikut:




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   Performance Highlights               Management Report              Company Profile




 Tabel Keberagaman Komposisi Anggota Dewan Komisaris dan Direksi
 Table of Diversity in the Composition of Members of the Board of Commissioners and Board of Directors



                                                       Jenis Kelamin                          Usia (Tahun)
        Nama                 Jabatan                      Gender                              Age (Years)
        Name                 Position               Pria         Wanita
                                                                                  40-49    50-59        60-70    >70
                                                    Male         Female

 Dewan Komisaris

 Rudy                 Presiden Komisaris
                      President
                      Commissioner


 R. Nunu Soetjahja Komisaris Independen
 Noegroho          Independent
                   Commissioner

 Margono              Komisaris Independen
 Tanuwijaya           Independent
                      Commissioner

 Thomas Junaidi       Komisaris
 Alim Wijaya          Commissioner

 Direksi
 Board of Directors

 Siswadi              Presiden Direktur
                      President Director



 Indra Gunawan        Direktur
                      Director



 Setia Budi           Direktur
                      Director



 Sri Harjati          Direktur
                      Director



 Valentina Chai       Direktur
 Wei Li               Director



 Daniel Hartono       Direktur
                      Director



Pada tahun 2025, komposisi Dewan Komisaris dan Direksi Perseroan telah mencerminkan penerapan kebijakan keberagaman
sesuai dengan peraturan dan praktik tata kelola yang baik. Penerapan kebijakan ini mendukung strategi Perseroan dalam
menjaga keseimbangan antara kompetensi, pengalaman, dan keahlian di tingkat pimpinan. Uraian lebih lengkap mengenai profil
dan keberagaman anggota Dewan Komisaris dan Direksi tercantum pada Bab Profil Perusahaan dalam Laporan Tahunan ini.




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                     Latar Belakang Pendidikan
                      Educational Background                                                      Keahlian
     Sarjana                 Magister                Doktoral                                     Expertise
 Bachelor’s Degree        Master’s Degree            Doctorate



                                                                 •   Sertifikasi Dasar Pembiayaan
                                                                 •   Profesional Tata Kelola Risiko Berkualifikasi
                                                                 •   Basic Financing Certification
                                                                 •   Qualified Risk Management Professional

                                                                 Sertifikasi Dasar Pembiayaan
                                                                 Basic Financing Certification


                                                                 Sertifikasi Dasar Pembiayaan
                                                                 Basic Financing Certification

                                                                 Sertifikasi Dasar Pembiayaan
                                                                 Basic Financing Certification




                                                                 •   Sertifikasi Ahli Pembiayaan
                                                                 •   Sertifikasi Manajemen Risiko
                                                                 •   Financing Expert Certification
                                                                 •   Risk Management Certification

                                                                 •   Sertifikasi Ahli Pembiayaan
                                                                 •   Sertifikasi Manajemen Risiko
                                                                 •   Financing Expert Certification
                                                                 •   Risk Management Certification

                                                                 •   Sertifikasi Ahli Pembiayaan
                                                                 •   Sertifikasi Manajemen Risiko
                                                                 •   Financing Expert Certification
                                                                 •   Risk Management Certification

                                                                 •   Sertifikasi Ahli Pembiayaan
                                                                 •   Sertifikasi Manajemen Risiko
                                                                 •   Financing Expert Certification
                                                                 •   Risk Management Certification

                                                                 •   Sertifikasi Ahli Pembiayaan
                                                                 •   Sertifikasi Manajemen Risiko
                                                                 •   Financing Expert Certification
                                                                 •   Risk Management Certification

                                                                 Sertifikasi Ahli Pembiayaan
                                                                 Financing Expert Certification



By 2025, the composition of the Company’s Board of Commissioners and Board of Directors reflected the implementation of
diversity policies in accordance with regulations and good governance practices. The implementation of this policy supports
the Company’s strategy in maintaining a balance between competence, experience, and expertise at the leadership level. A
complete description of the profiles and diversity of the members of the Board of Commissioners and Board of Directors is
included in the Company Profile section of this Annual Report.



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  Performance Highlights        Management Report            Company Profile




Pengungkapan Hubungan Afiliasi
Anggota Dewan Komisaris, Direksi,
dan Pemegang Saham Utama
Disclosure of Affiliated Relationships of Members of the
Board of Commissioners, Board of Directors, and Majority Shareholders


Perseroan senantiasa memastikan penerapan prinsip             The Company always encourages the application of the
transparansi dalam pengungkapan hubungan afiliasi, baik       principle of transparency in the disclosure of affiliations,
yang bersifat keuangan maupun keluarga, antara anggota        both financial and family-related, between members of the
Direksi, Dewan Komisaris, serta pemegang saham utama          Board of Directors, Board of Commissioners, and majority
dan/atau pengendali. Pengungkapan ini dilakukan sesuai        and/or controlling shareholders. This disclosure is made in
dengan ketentuan POJK 46/2024 tentang Pengembangan            accordance with the provisions of POJK 46/2024 concerning
dan Penguatan Perusahaan Pembiayaan, Perusahaan               the Development and Strengthening of Financing Companies,
Pembiayaan Infrastruktur, dan Perusahaan Modal Ventura        Infrastructure Financing Companies, and Venture Capital
juncto POJK 35/2018 tentang Penyelenggaraan Usaha             Companies in conjunction with POJK 35/2018 concerning the
Perusahaan Pembiayaan.                                        Operation of Financing Companies.

Ketentuan tersebut menjadi acuan bagi Perseroan dalam         These provisions serve as a reference for the Company in
mengidentifikasi dan menilai potensi hubungan afiliasi        identifying and assessing potential affiliate relationships that
yang dapat memengaruhi independensi dan objektivitas          may affect the independence and objectivity of the Board of
Dewan Komisaris maupun Direksi dalam menjalankan fungsi       Commissioners and the Board of Directors in managing their
pengawasan dan pengelolaan. Dengan demikian, Perseroan        supervisory and management functions. Thus, the Company
dapat menjaga integritas proses pengambilan keputusan         can maintain the integrity of the decision-making process
serta memastikan penerapan prinsip tata kelola yang sehat     and ensure the implementation of sound and accountable
dan akuntabel.                                                governance principles.

Adapun kriteria hubungan afiliasi yang menjadi dasar          The criteria for affiliated relationships that form the basis for
pengukuran independensi Dewan Komisaris dan Direksi adalah    measuring the independence of the Board of Commissioners
sebagai berikut:                                              and the Board of Directors are as follows:
1. Hubungan keluarga karena perkawinan atau keturunan         1. Family affiliation by marriage or blood relationship up to
   sampai derajat kedua, baik secara horizontal maupun           the second degree, whether horizontal or vertical, with
   vertikal dengan pegawai, anggota Direksi, anggota Dewan       employees, members of the Board of Directors, members
   Komisaris, anggota DPS dan/atau pemegang saham;               of the Board of Commissioners, members of the Sharia
                                                                 Supervisory Board, and/or shareholders;
2. Hubungan dengan Perseroan karena adanya kesamaan           2. Affiliation with the Company due to the similarity of one
   satu atau lebih anggota Direksi atau Dewan Komisaris;         or more members of the Board of Directors or the Board
                                                                 of Commissioners;
3. Hubungan pengendalian dengan Perseroan baik langsung       3. Controlling affiliation with the Company, either directly
   maupun tidak langsung;                                        or indirectly;
4. Hubungan kepemilikan saham dalam Perseroan sebesar         4. Shares ownership affiliation in the Company of 20% or
   20% atau lebih; dan/atau                                      more; and/or
5. Hubungan antara 2 (dua) perusahaan yang dikendalikan,      5. Affiliation between 2 (two) companies that are controlled,
   baik langsung maupun tidak langsung, oleh pihak               either directly or indirectly, by the same party.
   yang sama.




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Rincian mengenai hubungan afiliasi antara Dewan Komisaris           Details regarding the affiliation relationship between the Board
dan Direksi dapat dilihat pada tabel di bawah ini:                  of Commissioners and the Board of Directors is described in
                                                                    the table below:


                                     Hubungan Keuangan dengan                                  Hubungan Afiliasi dengan
                                      Financial Relationship with                                   Affiliated with

                            Dewan                               Pemegang              Dewan                                Pemegang
                                                 Direksi                                                Direksi
              Nama         Komisaris                           Saham Utama           Komisaris                            Saham Utama
                                                Board of                                               Board of
              Name          Board of                              Majority            Board of                               Majority
                                                Directors                                              Directors
                         Commissioners                         Shareholders        Commissioners                          Shareholders

                          Ya       Tidak      Ya       Tidak   Ya       Tidak       Ya     Tidak      Ya     Tidak        Ya       Tidak
                          Yes       No        Yes       No     Yes       No         Yes     No        Yes     No          Yes       No

Rudy                        -                   -               -                    -                 -                    -

R. Nunu Soetjahja           -                   -               -                    -                 -                    -
Noegroho

Margono Tanuwijaya          -                   -               -                    -                 -                    -

Thomas Junaidi Alim         -                   -               -                    -                 -                    -
Wijaya

Siswadi                     -                   -               -                    -                 -                    -

Indra Gunawan

Setia Budi                  -                   -               -                    -                 -                    -

Sri Harjati                 -                   -               -                    -                 -                    -

Valentina Chai Wei Li       -                   -               -                    -                 -                    -

Daniel Hartono              -                   -               -                    -                 -                    -




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   Performance Highlights          Management Report               Company Profile




Komite-Komite Pendukung
di bawah Dewan Komisaris
Supporting Committees under the Board of Commissioners


Komite Audit
Audit Committee

Komite Audit merupakan organ pendukung Dewan Komisaris              The Audit Committee is a supporting governing body of the
yang memiliki peran strategis dalam memastikan efektivitas          Board of Commissioners that plays a strategic role in ensuring
pelaksanaan fungsi pengawasan terhadap kegiatan audit dan           the effectiveness of supervisory functions over audit activities
penerapan tata kelola perusahaan yang baik. Komite Audit            and the implementation of good corporate governance. The
dibentuk untuk membantu Dewan Komisaris dalam menilai               Audit Committee was established to assist the Board of
kecukupan sistem pengendalian internal, keandalan proses            Commissioners in assessing the adequacy of internal control
pelaporan keuangan, serta kepatuhan Perseroan terhadap              systems, the reliability of financial reporting processes, and the
ketentuan peraturan perundang-undangan yang berlaku.                Company’s compliance with applicable laws and regulations.

Komite Audit menjalankan fungsi pengawasan berdasarkan              The Audit Committee performs its supervisory function based on
data dan laporan yang diperoleh dari Direksi, Internal Audit,       data and reports obtained from the Board of Directors, Internal
Auditor Eksternal, Corporate Secretary, Accounting, dan CRM         Audit, External Auditors, Corporate Secretary, Accounting, and
(Customer Relationship Management). Dalam pelaksanaan               CRM (Customer Relationship Management). In fulfilling its duties,
tugasnya, Komite Audit melakukan pemantauan atas seluruh            the Audit Committee monitors the entire audit process from
proses audit mulai dari tahap perencanaan, pelaksanaan,             the planning stage, implementation, and follow-up on audit
hingga tindak lanjut hasil audit. Selain itu, Komite Audit turut    results. Moreover, the Audit Committee also ensures that the
memastikan bahwa praktik operasional dan kegiatan bisnis            Company’s operational practices and business activities are
Perseroan telah selaras dengan prinsip-prinsip GCG serta            in line with GCG principles and applicable internal policies.
kebijakan internal yang berlaku.

Pembentukan dan pelaksanaan fungsi Komite Audit                     The establishment and implementation of the Company’s
Perseroan berpedoman pada regulasi POJK 46/2024 tentang             Audit Committee functions are guided by POJK 46/2024
Pengembangan dan Penguatan Perusahaan Pembiayaan,                   regulation concerning the Development and Strengthening of
Perusahaan Pembiayaan Infrastruktur, dan Perusahaan Modal           Financing Companies, Infrastructure Financing Companies, and
Ventura juncto POJK 35/2018 tentang Penyelenggaraan Usaha           Venture Capital Companies in conjunction with POJK 35/2018
Perusahaan Pembiayaan. Dengan berlandaskan pada ketentuan           concerning the Operation of Financing Companies. Based on
tersebut, Komite Audit memastikan seluruh aktivitas usaha           these provisions, the Audit Committee ensures that all of the
Perseroan dijalankan secara transparan, akuntabel, dan sesuai       Company’s business activities are conducted in a transparent
dengan prinsip kehati-hatian serta praktik bisnis yang sehat.       and accountable manner, in accordance with the principles of
                                                                    prudence and sound business practices.

Pedoman Komite Audit                                                Audit Committee Guidelines
Dalam melaksanakan fungsi pengawasan, seluruh anggota               In terms of its supervisory function, all members of the Audit
Komite Audit berpedoman pada Pedoman Komite Audit yang              Committee are guided by the Audit Committee Guidelines,
terakhir diperbaharui pada 30 Juni 2025. Pedoman tertulis           which were last updated on June 30, 2025. These written
tersebut menjadi acuan utama bagi Komite Audit dalam                guidelines serve as the main reference for the Audit Committee
menjalankan peran, tugas, dan tanggung jawabnya secara              in performing its roles, duties, and responsibilities in a
transparan, objektif, dan independen, guna memastikan               transparent, objective, and independent manner, for an effective
efektivitas pelaksanaan tata kelola perusahaan yang baik.           implementation of good corporate governance.




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Keberadaan Pedoman Komite Audit Perseroan telah                  The Company’s Audit Committee Guidelines have been aligned
diselaraskan dengan peraturan yang berlaku seperti POJK          with applicable regulations, such as POJK 46/2024 concerning
46/2024 tentang Pengembangan dan Penguatan Perusahaan            the Development and Strengthening of Financing Companies,
Pembiayaan, Perusahaan Pembiayaan Infrastruktur, dan             Infrastructure Financing Companies, and Venture Capital
Perusahaan Modal Ventura juncto POJK 35/2018 tentang             Companies, in conjunction with POJK 35/2018 concerning
Penyelenggaraan Usaha Perusahaan Pembiayaandan POJK              the Operation of Financing Companies and POJK No. 55/
No. 55/POJK.04/2015 (”POJK 55/2015”) tentang Pembentukan         POJK.04/2015 (“POJK 55/2015”) on the Establishment and
dan Pelaksanaan Kerja Komite Audit.                              Implementation of the Audit Committee.

Secara umum, Pedoman Komite Audit Perseroan memuat               In general, the Company’s Audit Committee Guidelines contain
ketentuan yang mencakup antara lain:                             provisions that includes:
1. Maksud & tujuan umum;                                         1. General purpose and objectives;
2. Peran dan tanggung jawab;                                     2. Roles and responsibilities;
3. Wewenang;                                                     3. Authority;
4. Ketentuan mengenai penanganan pengaduan;                      4. Provisions regarding the handling of complaints;
5. Organisasi: keanggotaan & rapat;                              5. Organization: membership & meetings;
6. Perubahan terhadap piagam dan kinerja komite audit; dan       6. Changes to the charter and performance of the audit
                                                                     committee; and
7. Lain-lain.                                                    7. Miscellaneous.

Pedoman Komite Audit telah dipublikasikan di situs web resmi     The Audit Committee Guidelines have been published on the
Perseroan sehingga dapat diakses oleh seluruh pemangku           Company’s official website so that they can be accessed by
kepentingan sebagai bentuk komitmen terhadap prinsip             all stakeholders as a form of commitment to the principles
keterbukaan informasi dan penerapan tata kelola perusahaan       of information disclosure and the implementation of good
yang baik.                                                       corporate governance.

Tugas dan Tanggung Jawab Komite Audit                            Duties and Responsibilities of the Audit Committee
Berdasarkan Pedoman Komite Audit, tugas dan tanggung jawab       Based on the Audit Committee Guidelines, the duties and
Komite Audit diuraikan sebagai berikut:                          responsibilities of the Audit Committee are outlined as follows:
1. Melakukan pengawasan terhadap:                                1. Supervising:
   a. Laporan Keuangan                                              a. Financial Statements
      Kredibilitas dan objektivitas laporan keuangan                   The credibility and objectivity of the Company’s financial
      Perseroan yang akan diberikan kepada pihak eksternal             statements to be submitted to external parties and
      dan regulator, termasuk penindaklanjutan keluhan dan/            regulators, including follow-up on complaints and/or
      atau catatan ketidakwajaran terhadap laporan selama              notes of irregularities in the reports during the Audit
      periode pengkajian Komite Audit;                                 Committee’s review period;
   b. Pengendalian Internal                                         b. Internal Control
      Kecukupan proses untuk mengidentifikasi dan                      The adequacy of processes to identify and mitigate
      memitigasi risiko keuangan dan bisnis;                           financial and business risks;
   c. Kegiatan Assurance                                            c. Assurance Activities
      Rencana dan hasil kegiatan yang dilakukan oleh Audit             Plans and results of activities conducted by Internal
      Internal, Auditor Eksternal, dan penyedia jasa asurans           Audit, External Auditors, and other assurance service
      lainnya untuk menilai apakah risiko-risiko utama telah           providers to assess whether key risks have been
      tercakup dan dievaluasi secara memadai di dalam                  adequately covered and evaluated in the performance
      pelaksanaan tugas mereka;                                        of their duties;
   d. Objektivitas dan Independensi Ojektivitas dan                 d. Objectivity and Independence Objectivity and
      independensi Auditor Internal dan Eksternal;                     independence of Internal and External Auditors;
   e. Aspek Hukum                                                   e. Legal Aspects
      Proses dan pelaporan kasus hukum signifikan yang ada             Processes and reporting of significant legal cases within
      di lingkungan Perseroan; dan                                     the Company; and
   f. Kepatuhan                                                     f. Compliance
      Kepatuhan dengan hukum dan undang-undang terkait                 Compliance with relevant laws and regulations as well
      serta Kode Etik Perseroan.                                       as the Company’s Code of Conduct.




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   Performance Highlights           Management Report               Company Profile




2. Melaksanakan tanggung jawab pelaporan yang mencakup:              2. Carrying out reporting responsibilities, which include:
   a. Laporan tertulis kepada Dewan Komisaris                           a. Written reports to the Board of Commissioners at
      sekurangkurangnya satu kali per kuartal yang                         least once per quarter containing details of the Audit
      berisi rincian kegiatan Komite Audit, menyediakan                    Committee’s activities, providing recommendations for
      rekomendasi tindak lanjut, dan paparan hal-hal signifikan            follow-up, and presenting significant matters that need
      yang perlu diketahui oleh Dewan Komisaris;                           to be known by the Board of Commissioners;
   b. Memberi rekomendasi kepada Dewan Komisaris                        b. Providing recommendations to the Board of
      mengenai penunjukan Audit Eksternal dengan                           Commissioners regarding the appointment of an
      mempertimbangkan cakupan pekerjaan, independensi                     External Auditor, taking into account the scope of work,
      dan kewajaran biaya jasa Audit Eksternal;                            independence, and reasonableness of the External
                                                                           Auditor’s fees;
   c. Memastikan bahwa Direksi telah mengambil langkah-                 c. Ensuring that the Board of Directors has taken
      langkah yang tepat mengenai hal-hal yang dirujuk oleh                appropriate measures regarding matters referred to
      laporan Komite Audit sebelumnya, serta melaporkan                    in previous Audit Committee reports, and reporting
      ketidaksesuaian signifikan dari pihak yang bersangkutan              any significant non-compliance by the relevant parties
      untuk menindaklanjuti tindakan tersebut kepada                       to follow up on these measures to the Board of
      Dewan Komisaris;                                                     Commissioners;
   d. Menyiapkan laporan untuk disertakan ke dalam Laporan              d. Preparing reports to be included in the Annual Report
      Tahunan berisi rincian kegiatan Komite Audit yang                    containing details of the Audit Committee’s activities,
      mengungkap antara lain:                                              including:
      • Pelanggaran signifikan dari hukum dan peraturan                    • Significant violations of applicable laws and
          yang berlaku;                                                        regulations;
      • Kesalahan materiil atau pengungkapan laporan                       • Material errors or inadequate disclosure in financial
          keuangan yang tidak layak;                                           statements;
      • Kurangnya sistem pengendalian internal;                            • Inadequate internal control systems;
      • Kurangnya memadainya independensi Auditor                          • Inadequate independence of the External Auditor
          Eksternal atau Auditor Internal;                                     or Internal Auditor;
      • Perbedaan pendapat yang signifikan antara                          • Significant differences of opinion between
          Manajemen dan Auditor Eksternal;                                     Management and the External Auditor;
      • Setiap hal yang berpotensi menjadi konflik                         • Any matter that could potentially constitute a
          kepentingan yang signifikan diidentifikasikan oleh                   significant conflict of interest identified by the Audit
          Komite Audit selama periode pengkajiannya; dan                       Committee during its review period; and
      • Penyediaan pelaporan khusus kepada Dewan                           • Provision of special reports to the Board of
          Komisaris sebagaimana diperlukan.                                    Commissioners as required.

Masa Jabatan Komite Audit                                            Term of Office of the Audit Committee
Periode menjabat seluruh anggota Komite Audit baik yang              The term of office for all members of the Audit Committee,
merangkap jabatan sebagai Dewan Komisaris ataupun dari               whether they also serve as members of the Board of
pihak eksternal adalah 2 (dua) tahun terhitung sejak tanggal         Commissioners or are external parties, is 2 (two) years from the
pengangkatannya dan dapat dipilih kembali untuk 1 (satu)             date of their appointment and they may be re-elected for 1 (one)
periode berikutnya dengan tetap memperhatikan prinsip                subsequent term, subject to the principles of independence
independensi dan profesionalisme.                                    and professionalism.

Struktur dan Keanggotaan Komite Audit                                Structure and Membership of the Audit Committee
Struktur keanggotaan Komite Audit Perseroan terdiri atas 1 (satu)    The membership structure of the Company’s Audit Committee
orang Komisaris Independen yang berperan sebagai Ketua,              consists of 1 (one) Independent Commissioner who acts as
serta 2 (dua) anggota lainnya yang berasal dari pihak eksternal      Chairman, and 2 (two) other members who are external and
dan bersifat independen. Seluruh anggota Komite Audit memiliki       independent. All members of the Audit Committee have relevant
kompetensi yang relevan di bidang audit, keuangan, dan/              competencies in the fields of audit, finance, and/or accounting.
atau akuntansi.




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Sepanjang tahun 2025, komposisi keanggotaan Komite                         Throughout 2025, the composition of the Company’s Audit
Audit Perseroan mengalami perubahan dengan kronologis                      Committee membership underwent changes with the
sebagai berikut:                                                           following chronology:

 1 Januari – 21 April 2025
 January 1 – April 21, 2025


                                                        Rangkap Jabatan di
               Nama                  Jabatan                 Perseroan            Dasar Pengangkatan                  Masa Jabatan
 No.
               Name                  Position           Concurrent Positions    Legal Basis of Appointment            Term of Office
                                                          in the Company

1.     Gede Harja               Ketua Komite Audit      Komisaris              Surat Keputusan Sirkuler        RUPS Tahunan tanggal 19
       Wasistha                 Chairman of the         Independen             Dewan Komisaris Sebagai         April 2024-RUPS Tahunan
                                Audit Committee         Independent            Pengganti Rapat Dewan           tahun 2026
                                                        Commissioner           Komisaris Perseroan No.         Annual General Meeting of
                                                                               L.Leg/SPDK-004/FIF/2024         Shareholders on April 19,
                                                                               Circular Letter of the          2024-Annual General Meeting
                                                                               Decree of the Board of          of Shareholders in 2026
                                                                               Commissioners as a Substitute
                                                                               for the Company's Board of
                                                                               Commissioners Meeting No.
                                                                               L.Leg/SPDK-004/FIF/2024

2.     Hardi Montana            Anggota Komite                   -             Surat Keputusan Sirkuler        RUPS Tahunan tanggal 19
                                Audit                                          Dewan Komisaris Sebagai         April 2024-RUPS Tahunan
                                Member of the Audit                            Pengganti Rapat Dewan           tahun 2026
                                Committee                                      Komisaris Perseroan No.         Annual General Meeting of
                                                                               L.Leg/SPDK-004/FIF/2024         Shareholders on April 19,
                                                                               Circular Letter of the          2024-Annual General Meeting
                                                                               Decree of the Board of          of Shareholders in 2026
                                                                               Commissioners as a Substitute
                                                                               for the Company's Board of
                                                                               Commissioners Meeting No.
                                                                               L.Leg/SPDK-004/FIF/2024

3.     Juliani Eliza Syaftari   Anggota Komite                   -             Surat Keputusan Sirkuler        RUPS Tahunan tanggal 19
                                Audit                                          Dewan Komisaris Sebagai         April 2024-RUPS Tahunan
                                Member of the Audit                            Pengganti Rapat Dewan           tahun 2026
                                Committee                                      Komisaris Perseroan No.         Annual General Meeting of
                                                                               L.Leg/SPDK-004/FIF/2024         Shareholders on April 19,
                                                                               Circular Letter of the          2024-Annual General Meeting
                                                                               Decree of the Board of          of Shareholders in 2026
                                                                               Commissioners as a Substitute
                                                                               for the Company's Board of
                                                                               Commissioners Meeting No.
                                                                               L.Leg/SPDK-004/FIF/2024




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      Performance Highlights              Management Report                Company Profile




  1 Januari – 21 April 2025
  January 1 – April 21, 2025



                                        Jabatan          Rangkap Jabatan di
                  Nama
                                        Position              Perseroan             Dasar Pengangkatan                Masa Jabatan
 No.              Name
                                                         Concurrent Positions     Legal Basis of Appointment          Term of Office
                                                           in the Company

 1.       Margono Tanuwijaya Ketua Komite Audit          Komisaris              L.Leg/SPDK-004/FIF/2025        RUPS Tahunan tanggal 19
                             Chairman of the             Independen                                            April 2024-RUPS Tahunan
                             Audit Committee             Independent                                           tahun 2026
                                                         Commissioner                                          Annual General Meeting of
                                                                                                               Shareholders on April 19,
                                                                                                               2024-Annual General Meeting
                                                                                                               of Shareholders in 2026

 2.       Hardi Montana            Anggota Komite                  -            L.Leg/SPDK-004/FIF/2025        RUPS Tahunan tanggal 19
                                   Audit                                                                       April 2024-RUPS Tahunan
                                   Member of the Audit                                                         tahun 2026
                                   Committee                                                                   Annual General Meeting of
                                                                                                               Shareholders on April 19,
                                                                                                               2024-Annual General Meeting
                                                                                                               of Shareholders in 2026

 3.       Juliani Eliza Syaftari   Anggota Komite                  -            L.Leg/SPDK-004/FIF/2025        RUPS Tahunan tanggal 19
                                   Audit                                                                       April 2024-RUPS Tahunan
                                   Member of the Audit                                                         tahun 2026
                                   Committee                                                                   Annual General Meeting of
                                                                                                               Shareholders on April 19,
                                                                                                               2024-Annual General Meeting
                                                                                                               of Shareholders in 2026



Profil Keanggotaan Komite Audit                                              Audit Committee Membership Profile

Profil Ketua Komite Audit                                                    Profile of the Chairman of the Audit Committee


 Nama                                  Margono Tanuwijaya
 Name

 Posisi di Komite                      Ketua Komite Audit
 Position on the Committee             Chairman of the Audit Committee

 Dasar Penunjukkan                     L.Leg/SPDK-004/FIF/2025
 Legal Basis of Appointment

 Sertifikasi Profesi                   Sertifikasi Dasar Pembiayaan dari SPPI (2017)
 Professional Certification            Basic Financing Certification from SPPI (2017)

 Rangkap Jabatan                       Komisaris Independen Perseroan
 Concurrent Positions                  Independent Commissioner of the Company

 Profil lengkap Bapak Margono Tanuwijaya selaku Ketua Komite Audit yang juga merangkap jabatan sebagai Komisaris Independen
 Perseroan telah diuraikan dengan rinci pada Bab Profil Perusahaan, Sub-bab Profil Dewan Komisaris, halaman 113.
 The complete profile of Mr. Margono Tanuwijaya as Chairman of the Audit Committee, who also holds the position of Independent
 Commissioner of the Company, is described in detail in the Company Profile Chapter, Sub-chapter Profile of the Board of Commissioners,
 page 113.




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Profil Anggota Komite Audit                                             Profile of Audit Committee Members
Seluruh anggota Komite Audit Perseroan merupakan Warga                  All members of the Company’s Audit Committee are Indonesian
Negara Indonesia (WNI) yang memiliki integritas, kompetensi,            citizens (WNI) who possess integrity, competence, and
dan pengalaman profesional di bidangnya masing-masing.                  professional experience in their respective fields. The complete
Adapun profil lengkap anggota Komite Audit Perseroan                    profiles of the members of the Company’s Audit Committee
disajikan sebagai berikut:                                              are presented as follows:


 Nama                            Hardi Montana
 Name

 Dasar Penunjukkan               L.Leg/SPDK-004/FIF/2025
 Legal Basis of Appointment

 Usia                            70 tahun
 Age                             70 years old

 Riwayat Pendidikan              •    Risk & Insurance dari Glasgow Caledonian University (1986)
 Educational History             •    Sarjana Akuntansi dari Universitas Indonesia (1983)

                                 •    Risk & Insurance from Glasgow Caledonian University (1986)
                                 •    Bachelor of Accounting from the University of Indonesia (1983)

 Sertifikasi Profesi             •    Sertifikasi Dasar Pembiayaan dari SPPI (2017)
 Professional Certification      •    Chartered Insurer dari Chartered Insurance Institute, UK (1995)
                                 •    Ahli Asuransi Indonesia – Kerugian (A2I-K) dari Ahli Manajemen Asuransi Indonesia (AAMAI) (1990)
                                 •    Associateship of the Chartered Insurance Institute (ACII) dari Chartered Insurance Institute, UK (1987)

                                 •    Basic Financing Certification from SPPI (2017)
                                 •    Chartered Insurer from the Chartered Insurance Institute, UK (1995)
                                 •    Indonesian Insurance Expert – Loss (A2I-K) from Indonesian Insurance Management Experts (AAMAI)
                                      (1990)
                                 •    Associateship of the Chartered Insurance Institute (ACII) from the Chartered Insurance Institute, UK
                                      (1987)

 Riwayat Karier                  •    Anggota Komite Audit di PT Surya Artha Nusantara Finance (2018-2022)
 Career History                  •    Komisaris Independen di PT Astra Auto Finance (2017-2018)
                                 •    Ketua Komite Audit di PT Astra Auto Finance (2017-2018)
                                 •    Ketua Komite Pemantau Risiko di PT Astra Auto Finance (2017-2018)
                                 •    Anggota Komite Audit di PT Tunas Ridean (2016-2023)
                                 •    Komisaris Independen di PT Surya Artha Nusantara Finance (2015-2022)
                                 •    Ketua Komite Pemantau Risiko di PT Surya Artha Nusantara Finance (2015-2022)
                                 •    Ketua Komite Nominasi dan Remunerasi di PT Surya Artha Nusantara Finance (2015-2022)
                                 •    Komisaris di PT Astra Aviva Life (2014-2015)
                                 •    Presiden Direktur di PT Asuransi Astra Buana (2010-2014)
                                 •    Komisaris di PT Samadista Karya (2008-2015)
                                 •    Wakil Presiden Direktur di PT Asuransi Astra Buana (1995-2014)
                                 •    Presiden Direktur di PT Astra Jardine CMG Life (1992-1994)
                                 •    Presiden Direktur di PT Asuransi Jiwa Astra (1991-1992)

                                 •    Member of the Audit Committee at PT Surya Artha Nusantara Finance (2018-2022)
                                 •    Independent Commissioner at PT Astra Auto Finance (2017-2018)
                                 •    Chairman of the Audit Committee at PT Astra Auto Finance (2017-2018)
                                 •    Chairman of the Risk Monitoring Committee at PT Astra Auto Finance (2017-2018)
                                 •    Member of the Audit Committee at PT Tunas Ridean (2016-2023)
                                 •    Independent Commissioner at PT Surya Artha Nusantara Finance (2015-2022)
                                 •    Chairman of the Risk Monitoring Committee at PT Surya Artha Nusantara Finance (2015-2022)
                                 •    Chairman of the Nomination and Remuneration Committee at PT Surya Artha Nusantara Finance
                                      (2015-2022)
                                 •    Commissioner at PT Astra Aviva Life (2014-2015)
                                 •    President Director at PT Asuransi Astra Buana (2010-2014)
                                 •    Commissioner at PT Samadista Karya (2008-2015)
                                 •    Vice President Director at PT Asuransi Astra Buana (1995-2014)
                                 •    President Director at PT Astra Jardine CMG Life (1992-1994)
                                 •    President Director at PT Asuransi Jiwa Astra (1991-1992)



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   Ikhtisar Kinerja                  Laporan Manajemen               Profil Perusahaan
   Performance Highlights            Management Report               Company Profile




 Rangkap Jabatan di              •    Komisaris Independen di PT Swadharma Bhakti Sedaya Finance (2018 – sekarang)
 Perusahaan Lain                 •    Ketua Komite Audit di PT Swadharma Bhakti Sedaya Finance (2018 – sekarang)
 Concurrent Positions at Other   •    Ketua Komite Pemantau Risiko di PT Swadharma Bhakti Sedaya Finance (2018 – sekarang)
 Companies                       •    Ketua Komite Nominasi dan Remunerasi di PT Swadharma Bhakti Sedaya Finance (2018 – sekarang)
                                 •    Anggota Komite Pemantau Risiko di PT Asuransi Jiwa Astra (2015 – sekarang)
                                 •    Anggota Komite Audit di PT Asuransi Jiwa Astra (2015 – sekarang)

                                 •    Independent Commissioner at PT Swadharma Bhakti Sedaya Finance (2018 – present)
                                 •    Chairman of the Audit Committee at PT Swadharma Bhakti Sedaya Finance (2018 – present)
                                 •    Chairman of the Risk Monitoring Committee at PT Swadharma Bhakti Sedaya Finance (2018 –
                                      present)
                                 •    Chairman of the Nomination and Remuneration Committee at PT Swadharma Bhakti Sedaya Finance
                                      (2018 – present)
                                 •    Member of the Risk Monitoring Committee at PT Asuransi Jiwa Astra (2015 – present)
                                 •    Member of the Audit Committee at PT Asuransi Jiwa Astra (2015 – present)

 Hubungan Afiliasi               Tidak memiliki hubungan afiliasi dengan Direksi lain, Dewan Komisaris dan pemegang saham
 Affiliated Relationship         No affiliation with other Directors, the Board of Commissioners, or shareholders



 Nama                            Juliani Eliza Syaftari
 Name

 Dasar Penunjukkan               L.Leg/SPDK-004/FIF/2025
 Legal Basis of Appointment

 Usia                            69 tahun
 Age                             69 years old

 Riwayat Pendidikan              Bachelor of Arts in Accounting dari University of Canberra (1981)
 Educational History             Bachelor of Arts in Accounting from the University of Canberra (1981)

 Sertifikasi Profesi             Ahli Manajemen Risiko Perasuransian (AMRP) dari Lembaga Sertifikasi Profesi Aplikasi Asuransi dan
 Professional Certification      Manajemen Asuransi Indonesia (AAMAI) (2015)
                                 Insurance Risk Management Specialist (AMRP) from the Indonesian Insurance Application and Insurance
                                 Management Professional Certification Institute (AAMAI) (2015)

 Riwayat Karier                  •    Komisaris Independen di PT Serasi Auto Raya (2020-2024)
 Career History                  •    Ketua Komite Audit di PT Serasi Auto Raya (2020-2024)
                                 •    Direktur di PT Nusa Prima Motor (2012-2024)
                                 •    Anggota Komite Audit di PT Toyota Astra Financial Services (2020-2024)
                                 •    Anggota Komite Pemantau Risiko di PT Toyota Astra Financial Services (2020-2024)
                                 •    Anggota Komite Audit di Perseroan (2016-2020)
                                 •    Anggota Komite Pemantau Risiko di Perseroan (2016-2020)
                                 •    Anggota Komite Audit di PT Astra Agro Lestari Tbk (2015-2019)
                                 •    Anggota Komite Audit di PT Asuransi Astra Buana (2013-2015)
                                 •    Anggota Komite Pemantau Risiko di PT Asuransi Astra Buana (2013-2015)
                                 •    Direktur di PT Nusa Prima Motor (2012-2014)

                                 •    Independent Commissioner at PT Serasi Auto Raya (2020-2024)
                                 •    Chairman of the Audit Committee at PT Serasi Auto Raya (2020-2024)
                                 •    Director at PT Nusa Prima Motor (2012-2024)
                                 •    Member of the Audit Committee at PT Toyota Astra Financial Services (2020-2024)
                                 •    Member of the Risk Monitoring Committee at PT Toyota Astra Financial Services (2020-2024)
                                 •    Member of the Audit Committee at the Company (2016-2020)
                                 •    Member of the Risk Monitoring Committee at the Company (2016-2020)
                                 •    Member of the Audit Committee at PT Astra Agro Lestari Tbk (2015-2019)
                                 •    Member of the Audit Committee at PT Asuransi Astra Buana (2013-2015)
                                 •    Member of the Risk Monitoring Committee at PT Asuransi Astra Buana (2013-2015)
                                 •    Director at PT Nusa Prima Motor (2012-2014)




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                                 Tinjauan Pendukung Bisnis            Analisa dan Pembahasan Manajemen              Tata Kelola Perusahaan
                                    Business Support Review            Management Discussion and Analysis            Corporate Governance




 Rangkap Jabatan di                 •    Anggota Komite Audit di PT Astra Sedaya Finance (2024-sekarang)
 Perusahaan Lain                    •    Anggota Komite Pemantau Risiko di PT Astra Sedaya Finance (2024-sekarang)
 Concurrent Positions at Other      •    Anggota Komite Audit di PT Asuransi Astra Buana (2024-sekarang)
 Companies                          •    Anggota Komite Audit di PT Astra Agro Lestari Tbk (2023-sekarang)
                                    •    Ketua Komite Pemantau Risiko di PT Asuransi Astra Buana (2018-sekarang)
                                    •    Komisaris Independen di PT Asuransi Astra Buana (2015-sekarang)

                                    •    Member of the Audit Committee at PT Astra Sedaya Finance (2024-present)
                                    •    Member of the Risk Monitoring Committee at PT Astra Sedaya Finance (2024-present)
                                    •    Member of the Audit Committee at PT Asuransi Astra Buana (2024-present)
                                    •    Member of the Audit Committee at PT Astra Agro Lestari Tbk (2023-present)
                                    •    Chairman of the Risk Monitoring Committee at PT Asuransi Astra Buana (2018-present)
                                    •    Independent Commissioner at PT Asuransi Astra Buana (2015-present)

 Hubungan Afiliasi                  Tidak memiliki hubungan afiliasi dengan Direksi lain, Dewan Komisaris dan pemegang saham
 Affiliated Relationship            No affiliation with other Directors, the Board of Commissioners, or shareholders


Independensi Komite Audit                                                Independence of the Audit Committee
Seluruh anggota Komite Audit Perseroan merupakan                         All members of the Company’s Audit Committee are highly
para profesional berintegritas tinggi dengan keahlian dan                reputable professionals with relevant expertise and experience
pengalaman relevan di bidang audit, keuangan, serta tata kelola          in auditing, finance, and corporate governance. The Company
perusahaan. Perseroan memastikan bahwa setiap anggota                    ensures that each member has fulfilled the principles of
telah memenuhi prinsip independensi, tanpa hubungan afiliasi             independence, without any financial, ownership, management, or
keuangan, kepemilikan, kepengurusan, maupun hubungan                     family relationships/affiliations with the Board of Commissioners,
keluarga dengan Dewan Komisaris, Direksi, atau pemegang                  Board of Directors, or majority/controlling shareholders. As
saham utama/pengendali. Sebagai wujud komitmen terhadap                  a manifestation of its commitment to good governance, the
tata kelola yang baik, komposisi keanggotaan Komite Audit                composition of the Company’s Audit Committee consists of 1
Perseroan terdiri dari 1 (satu) Ketua yang merupakan Komisaris           (one) Chairperson who is an Independent Commissioner and
Independen dan 2 (dua) Anggota dari pihak independen                     2 (two) Members from external independent parties who have
eksternal yang memiliki kompetensi profesional di bidangnya.             professional competence in their fields.

Rapat Komite Audit                                                       Audit Committee Meetings

Kebijakan Rapat                                                          Meeting Policy

Rapat Komite Audit dilaksanakan secara rutin paling sedikit satu         Audit Committee meetings are held regularly at least once
kali dalam tiga bulan sebagai bagian dari pelaksanaan fungsi             every three months as part of the implementation of supervisory
pengawasan. Rapat dipimpin oleh Ketua Komite Audit, dan                  functions. Meetings are chaired by the Chairman of the Audit
apabila berhalangan, kepemimpinan rapat dialihkan kepada                 Committee, and in the event of an absence, the chairmanship
anggota Komite Audit lain yang disetujui bersama.                        of the meeting is transferred to another member of the Audit
                                                                         Committee who is mutually agreed upon.

Setiap keputusan diambil melalui proses musyawarah untuk                 Every decision is made through a deliberative process to reach
mufakat, dan seluruh hasil pembahasan, termasuk apabila                  consensus, and all results of the discussion, including any
terdapat pendapat yang berbeda, didokumentasikan dalam                   dissenting opinions, are documented in the meeting minutes.
risalah rapat. Risalah tersebut ditandatangani oleh seluruh              The minutes are signed by all members present and submitted
anggota yang hadir dan disampaikan kepada Dewan Komisaris                to the Board of Commissioners as a form of accountability for
sebagai bentuk akuntabilitas atas pelaksanaan tugas                      the implementation of the Audit Committee’s duties.
Komite Audit.




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   Performance Highlights               Management Report                  Company Profile




Frekuensi dan Tingkat Kehadiran                                              Frequency and Attendance Rate

Merujuk pada Pasal 13 POJK 55/2015, Komite Audit wajib                       Referring to Article 13 of POJK 55/2015, the Audit Committee
melaksanakan rapat secara berkala paling sedikit (1) kali                    is required to hold meetings at least once every three months.
dalam 3 (tiga) bulan. Sepanjang tahun 2025, Komite Audit telah               Throughout 2025, the Audit Committee held eight meetings
melaksanakan 8 (delapan) kali rapat dengan rincian kehadiran                 with the following attendance details:
sebagaimana di bawah ini:


            Nama                               Jabatan                      Jumlah Pertemuan              Kehadiran         Tingkat Kehadiran (%)
            Name                               Position                     Number of Meetings            Attendance         Attendance Rate (%)

 Margono Tanuwijaya*           Ketua Komite Audit                                     4                        4                      100
                               Chairman of the Audit Committee

 Hardi Montana                 Anggota Komite Audit                                   8                        8                      100
                               Member of the Audit Committee

 Juliani Eliza Syaftari        Anggota Komite Audit                                   8                        4                      100
                               Member of the Audit Committee


*) Kehadiran Beliau dalam rapat Komite Audit dihitung sejak Beliau dinyatakan lulus uji kemampuan dan kepatutan sebagai Komisaris Independen yaitu
    pada 4 Agustus 2025.
*) His attendance at Audit Committee meetings is counted from the date he passed the Fit and Proper Test as an Independent Commissioner, which was
    on August 4, 2025.




Agenda Rapat Komite Audit                                                    Audit Committee Meeting Agenda

Sesuai ketentuan Pasal 10 POJK 55/2015, Komite Audit memiliki                In accordance with Article 10 of POJK 55/2015, the Audit
tugas dan tanggung jawab, beberapa di antaranya adalah                       Committee has duties and responsibilities, some of which are
sebagai berikut:                                                             as follows:
1. Melakukan penelaahan atas informasi keuangan yang akan                    1. Reviewing financial information to be disclosed to the public
   dikeluarkan kepada publik dan/atau pihak otoritas;                            and/or authorities;
2. Melakukan penelaahan atas pelaksanaan pemeriksaan oleh                    2. Reviewing the implementation of audits by internal auditors
   auditor internal mengawasi pelaksanaan tindak lanjut; dan                     and supervising follow-up actions; and
3. Menelaah pengaduan yang berkaitan dengan proses                           3. Reviewing complaints related to accounting processes and
   akuntansi dan pelaporan keuangan.                                             financial reporting.

Sepanjang tahun 2025, Komite Audit telah melaksanakan tugas                  Throughout 2025, the Audit Committee has performed its duties
dan tanggung jawabnya melalui pelaksanaan rapat berkala                      and responsibilities by holding 8 (eight) regular meetings with
sebanyak 8 (delapan) kali rapat dengan rincian tanggal dan                   the details of the dates and agendas as follows:
agenda sebagaimana di bawah ini:




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                           Business Support Review             Management Discussion and Analysis            Corporate Governance




        Tanggal Rapat                                                        Topik
         Meeting Date                                                        Topic

18 Februari 2025           Finalisasi Audited Financial Statement 2024 with PwC
February 18, 2025          Finalization of the 2024 Audited Financial Statement with PwC

24 Februari 2025           •    Q4 2024 Result vs Business Plan
February 24, 2025          •    IA Activities & Findings Q4 2024
                           •    Review Pending Litigation Q4 2024
                           •    Laporan Penanganan Pengaduan Konsumen Q4 2024
                           •    Update atas Rencana Bisnis Tahun 2025

                           •    Q1 2025 Results vs Business Plan
                           •    IA Activities & Findings Q1 2025
                           •    Review of Pending Litigation Q1 2025
                           •    Consumer Complaint Handling Report Q1 2025
                           •    Report on the Evaluation of Public Accounting Firms (KAP) for the 2024 Period and KAP
                                Recommendations for 2025

24 April 2025              •    Q1 2025 Result vs Business Plan
April 24, 2025             •    IA Activities & Findings Q1 2025
                           •    Review Pending Litigation Q1 2025
                           •    Laporan Penanganan Pengaduan Konsumen Q1 2025
                           •    Laporan atas Evaluasi Kantor Akuntan Publik (KAP) Periode 2024 dan Rekomendasi KAP Tahun
                                2025

                           •    Q1 2025 Results vs Business Plan
                           •    IA Activities & Findings Q1 2025
                           •    Review of Pending Litigation Q1 2025
                           •    Consumer Complaint Handling Report Q1 2025
                           •    Report on the Evaluation of Public Accounting Firms (KAP) for the 2024 Period and KAP
                                Recommendations for 2025

21 Juli 2025               •    Q2 2025 Result vs Business Plan
July 21, 2025              •    IA Activities & Findings Q2 2025
                           •    Review Pending Litigation Q2 2025
                           •    Laporan Penanganan Pengaduan Konsumen Q2 2025

                           •    Q2 2025 Results vs Business Plan
                           •    IA Activities & Findings Q2 2025
                           •    Review of Pending Litigation Q2 2025
                           •    Report on Handling of Consumer Complaints Q2 2025

23 September 2025          Overview External Audit Plan 2025 with PwC
September 23, 2025         Overview of the 2025 External Audit Plan with PwC

20 Oktober 2025            •    Q3 2025 Result vs Business Plan
October 20, 2025           •    IA Activities & Findings Q3 2025
                           •    Review Pending Litigation Q3 2025
                           •    Laporan Penanganan Pengaduan Konsumen Q3 2025

                           •    Q3 2025 Results vs Business Plan
                           •    IA Activities & Findings Q3 2025
                           •    Review of Pending Litigation Q3 2025
                           •    Consumer Complaint Handling Report Q3 2025

25 November 2025           Progress External Audit Financial Statement 2025 with PwC
October 20, 2025           Progress of External Audit of 2025 Financial Statements with PwC




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   Performance Highlights                Management Report              Company Profile




          Tanggal Rapat                                                               Topik
           Meeting Date                                                               Topic

 27 November 2025                    •    Update on Compliance & Non Compliance 2025 Evaluasi Kinerja dan Pedoman KA 2025
 November 27, 2025                   •    Rencana Kerja KA 2026
                                     •    Overview IA Plan 2026

                                     •    Update on Compliance & Non-Compliance 2025 Performance Evaluation and Audit Committee
                                          Guidelines 2025
                                     •    KA Work Plan 2026
                                     •    Overview of the 2026 IA Plan



Program Pendidikan dan/atau Pengembangan                                  Education and/or Competency Development Program
Kompetensi Komite Audit Tahun 2025                                        for the Audit Committee in 2025
Perseroan senantiasa mendukung peningkatan kapasitas dan                  The Company continuously supports the improvement of the
kompetensi Komite Audit melalui berbagai program pendidikan,              Audit Committee’s capacity and competency through various
pelatihan, dan pengembangan profesional, khususnya di                     education, training, and professional development programs,
bidang keuangan, audit, dan tata kelola. Langkah ini dilakukan            particularly in the fields of finance, audit, and governance. This
agar anggota Komite Audit senantiasa memahami dinamika                    step is taken so that members of the Audit Committee always
regulasi serta praktik terbaik di industri multifinance, sehingga         understand the dynamics of regulations and best practices in
pelaksanaan tugas dan tanggung jawabnya semakin efektif                   the multifinance industry, so that the implementation of their
dan berkualitas.                                                          duties and responsibilities is more effective and of higher quality.

Sepanjang tahun 2025, Komite Audit telah mengikuti                        Throughout 2025, the Audit Committee has participated in
berbagai pelatihan dan program pengembangan kompetensi                    various training and competency development programs as
sebagaimana tercantum pada tabel berikut:                                 listed in the following table:


                                                                                                   Tanggal
         Nama                       Jabatan                  Judul Pelatihan/Workshop                                    Penyelenggara
                                                                                                 Pelaksanaan
         Name                       Position                   Training/Workshop Title                                     Organizer
                                                                                                     Date

 Hardi Montana              Anggota Komite Pemantau      Sertifikasi Manajemen Risiko         26 Agustus 2025     SPP
                            Risiko                       Risk Management Certification        August 26, 2025
                            Member of the Risk
                            Monitoring Committee         Seminar Nasional Resilience          28 Oktober 2025     SPPI
                                                         and Turnaround: Indonesia            October 28, 2025
                                                         Economic Direction
                                                         National Seminar on Resilience
                                                         and Turnaround: Indonesia's
                                                         Economic Direction




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                                   Business Support Review                  Management Discussion and Analysis               Corporate Governance




                                                                                                      Tanggal
         Nama                      Jabatan                     Judul Pelatihan/Workshop                                      Penyelenggara
                                                                                                    Pelaksanaan
         Name                      Position                      Training/Workshop Title                                       Organizer
                                                                                                        Date

 Juliani Eliza Syaftari   Anggota Komite Pemantau            Kelangsungan Bisnis di 2025:       22 Januari 2025       CRMS, IRMAPA
                          Risiko                             Pendekatan Risiko Hukum &          January 22, 2025
                          Member of the Risk                 Manajemen Kepatuhan
                          Monitoring Committee               Business Continuity in 2025:
                                                             Legal Risk & Compliance
                                                             Management Approach

                                                             Indonesia Insurance Summit         22 – 23 Mei 2025      Dewan Asuransi
                                                                                                May 22–23, 2025       Indonesia
                                                                                                                      Indonesian Insurance
                                                                                                                      Council

                                                             The Forum: Navigating              6 – 8 Agustus 2025    Asosiasi Ahli
                                                             Geopolitical Threats &             August 6–8, 2025      Manajemen Asuransi
                                                             Opportunities in the Insurance                           Indonesia (AAMAI)
                                                             Industries                                               Indonesian Insurance
                                                                                                                      Management Experts
                                                                                                                      Association (AAMAI)

                                                             Risk & Governance Summit           19 Agustus 2025       OJK
                                                                                                August 19, 2025


                                                             Sertifikat Manajemen Keuangan      26 Agustus 2025       LP2I, APPI
                                                             – Pembiayaan                       August 26, 2025
                                                             Financial Management
                                                             Certification - Financing



Laporan Program Kerja dan Realisasi Pelaksanaan Tugas                        Report on the Work Program and Implementation of the
Komite Audit Tahun 2025                                                      Audit Committee’s Duties for 2025
Sepanjang tahun 2025, Komite Audit telah melaksanakan                        Throughout 2025, the Audit Committee has organized a series
serangkaian tugas dan tanggung jawab pokoknya                                of its main duties and responsibilities, namely:
yaitu melakukan:
1. Pemantauan dan evaluasi atas perencanaan dan                              1. Monitoring and evaluating the planning and implementation
    pelaksanaan audit;                                                          of audits;
2. Pemantauan atas tindak lanjut hasil audit, dalam rangka                   2. Monitoring the follow-up of audit results, in order to assess
    menilai kecukupan pengendalian internal, termasuk                           the adequacy of internal controls, including the adequacy
    kecukupan proses pelaporan keuangan;                                        of financial reporting processes;
3. Pelaksanaan pemantauan yang dilakukan oleh Komite Audit                   3. The monitoring carried out by the Audit Committee was
    dilaksanakan paling sedikit terhadap:                                       conducted at least on:
    a. Pelaksanaan tugas satuan kerja audit internal;                           a. The implementation of internal audit unit tasks;
    b. Kesesuaian pelaksanaan audit oleh Auditor Eksternal                      b. Compliance of the external auditor’s audit with auditing
        dengan standar audit;                                                        standards;
    c. Kesesuaian laporan keuangan dengan standar akuntansi                     c. The compliance of financial reports with financial
        keuangan; dan                                                                accounting standards; and
    d. Pelaksanaan tindak lanjut oleh Direksi atas hasil                        d. The implementation of follow-up by the Board of
        temuan satuan kerja audit internal, Auditor Eksternal,                       Directors on the findings of the internal audit unit, External
        hasil pengawasan Otoritas Jasa Keuangan, dan/atau                            Auditors, the results of supervision by the Financial
        hasil pengawasan otoritas dan Lembaga lain, guna                             Services Authority, and/or the results of supervision
        memberikan rekomendasi kepada Dewan Komisaris.                               by other authorities and institutions, to provide
                                                                                     recommendations to the Board of Commissioners.




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   Performance Highlights        Management Report             Company Profile




4. Melaksanakan tugas serta tanggung jawab lain sesuai          4. Performing other duties and responsibilities in accordance
   dengan Peraturan Otoritas Jasa Keuangan mengenai                with Financial Services Authority regulations regarding the
   penggunaan jasa akuntan publik dan kantor akuntan publik        use of public accountants and public accounting firms in
   dalam kegiatan jasa keuangan.                                   financial services activities.


Komite Nominasi dan Remunerasi
Nomination and Remuneration Committee


Perseroan membentuk Komite Nominasi dan Remunerasi              The Company has established a Nomination and Remuneration
sebagai organ pendukung Dewan Komisaris yang berperan           Committee as a supporting governing body to the Board of
strategis dalam memastikan proses nominasi dan penetapan        Commissioners that plays a strategic role in ensuring that the
remunerasi dilaksanakan secara objektif, transparan, dan        nomination and remuneration determination processes are
sesuai prinsip tata kelola perusahaan yang baik. Komite ini     done objectively, transparently, and in accordance with the
bertugas memberikan pertimbangan serta rekomendasi              principles of good corporate governance. This committee is
kepada Dewan Komisaris terkait kebijakan, evaluasi kinerja,     tasked with providing considerations and recommendations to
dan pelaksanaan sistem remunerasi bagi anggota Direksi          the Board of Commissioners regarding policies, performance
maupun Dewan Komisaris. Pembentukan serta pelaksanaan           evaluations, and the implementation of remuneration
fungsi Komite tersebut telah mengacu pada ketentuan POJK No.    systems for members of the Board of Directors and Board of
34/POJK.04/2014 (“POJK 34/2014”) tentang Komite Nominasi        Commissioners. The establishment and implementation of the
dan Remunerasi bagi Emiten atau Perusahaan Publik.              Committee’s functions refer to the provisions of POJK No. 34/
                                                                POJK.04/2014 (“POJK 34/2014”) concerning the Nomination
                                                                and Remuneration Committee for Issuers or Public Companies.

Piagam Komite Nominasi dan Remunerasi                           Charter of the Nomination and Remuneration Committee
Pelaksanaan tugas dan tanggung jawab Komite Nominasi dan        The duties and responsibilities of the Nomination and
Remunerasi berpedoman pada Piagam Komite Nominasi dan           Remuneration Committee are guided by the Nomination and
Remunerasi, terakhir diperbarui pada 30 Juni 2025. Piagam       Remuneration Committee Charter, last updated on June 30,
ini berfungsi sebagai pedoman kerja yang mengikat seluruh       2025. This charter serves as a binding work guideline for all
anggota Komite dalam melaksanakan peran, wewenang, serta        Committee members in carrying out their roles, authorities,
tanggung jawabnya secara efektif, transparan, dan akuntabel.    and responsibilities effectively, transparently, and accountably.

Secara garis besar, Piagam Komite Nominasi dan Remunerasi       In general, the Charter of the Nomination and Remuneration
mengatur ketentuan mengenai:                                    Committee regulates provisions regarding:
1. Pengantar;                                                   1. Introduction;
2. Tugas dan tanggung jawab;                                    2. Duties and responsibilities;
3. Komposisi dan struktur keanggotaan;                          3. Composition and membership structure;
4. Pengangkatan;                                                4. Appointment;
5. Tata cara dan prosedur kerja;                                5. Working procedures and processes;
6. Rapat; dan                                                   6. Meetings; and
7. Pelaporan.                                                   7. Reporting.

Piagam Komite Nominasi dan Remunerasi telah dipublikasikan      The Charter of the Nomination and Remuneration Committee
di situs web resmi Perseroan sehingga dapat diakses oleh        has been published on the Company’s official website so that it
seluruh pemangku kepentingan sebagai bentuk komitmen            can be accessed by all stakeholders as a form of commitment to
terhadap prinsip keterbukaan informasi dan penerapan tata       the principle of information disclosure and the implementation
kelola perusahaan yang baik.                                    of good corporate governance.




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Tugas dan Tanggung Jawab Komite Nominasi dan                     Duties and Responsibilities of the Nomination and
Remunerasi                                                       Remuneration Committee
Ruang lingkup fungsi dan tanggung jawab Komite Nominasi          The scope of the functions and responsibilities of the Nomination
dan Remunerasi meliputi sejumlah kewajiban yang diatur dalam     and Remuneration Committee includes a number of obligations
Piagam Komite Nominasi dan Remunerasi, antara lain:              stipulated in the Charter of the Nomination and Remuneration
                                                                 Committee, including:

Fungsi Nominasi                                                  Nomination Functions

1. Memberikan rekomendasi dan/atau membantu Dewan                1. Providing recommendations and/or assisting the Board of
   Komisaris mengenai:                                              Commissioners regarding:
   a. Komposisi jabatan Direksi dan Dewan Komisaris;                a. The composition of the Board of Directors and Board
                                                                        of Commissioners;
   b. Kebijakan dan kriteria yang dibutuhkan dalam proses           b. Policies and criteria required in the nomination process
      nominasi anggota Direksi dan Dewan Komisaris;                     for members of the Board of Directors and Board of
                                                                        Commissioners;
   c. Kebijakan evaluasi kinerja bagi anggota Direksi dan           c. Performance evaluation policies for members of the
      anggota Dewan Komisaris; dan                                      Board of Directors and members of the Board of
                                                                        Commissioners; and
   d. Program pengembangan untuk anggota Direksi dan                d. Development programs for members of the Board of
       anggota Dewan Komisaris.                                         Directors and members of the Board of Commissioners.
2. Membantu Dewan Komisaris melakukan penilaian kinerja          2. Assisting the Board of Commissioners in evaluating
   anggota Direksi dan anggota Dewan Komisaris berdasarkan          the performance of members of the Board of Directors
   kriteria yang telah ditetapkan;                                  and members of the Board of Commissioners based on
                                                                    predetermined criteria;
3. Memberikan usulan calon yang memenuhi syarat sebagai          3. Submitting proposals for qualified candidates for the Board
   anggota Direksi dan anggota Dewan Komisaris kepada               of Directors and Board of Commissioners to the Board of
   Dewan Komisaris untuk disampaikan kepada RUPS untuk              Commissioners for submission to the General Meeting of
   mendapatkan persetujuan.                                         Shareholders for approval.

Fungsi Remunerasi                                                Remuneration Function

1. Memberikan rekomendasi kepada dan/atau membantu               1. Providing recommendations to and/or assisting the Board
   Dewan Komisaris mengenai:                                        of Commissioners regarding:
   a. Struktur remunerasi anggota Direksi dan anggota               a. The remuneration structure for members of the Board of
      Dewan Komisaris;                                                  Directors and members of the Board of Commissioners;
   b. Kebijakan atas remunerasi anggota Direksi dan anggota         b. Remuneration policies for members of the Board of
      Dewan Komisaris; dan                                              Directors and members of the Board of Commissioners;
                                                                        and
   c. Besaran atas remunerasi anggota Direksi dan anggota           c. The amount of remuneration for members of the Board of
      Dewan Komisaris.                                                  Directors and members of the Board of Commissioners.
2. Membantu Dewan Komisaris dalam melakukan penilaian            2. Assisting the Board of Commissioners in assessing the
   kesesuaian remunerasi yang diterima masing-masing                appropriateness of the remuneration received by each
   anggota Direksi dan anggota Dewan Komisaris terkait              member of the Board of Directors and members of the
   dengan kinerja mereka.                                           Board of Commissioners in relation to their performance.

Masa Jabatan Komite Nominasi dan Remunerasi                      Term of Office of the Nomination and Remuneration
                                                                 Committee
Masa jabatan seluruh anggota Komite Nominasi dan Remunerasi      The term of office of all members of the Nomination and
ditetapkan sejak tanggal pengangkatan oleh Dewan                 Remuneration Committee is determined from the date of
Komisaris hingga penutupan RUPS Tahunan kedua setelah            appointment by the Board of Commissioners until the closing
tanggal tersebut, dan dapat diangkat kembali dengan tetap        of the second Annual General Meeting of Shareholders after
memperhatikan ketentuan perundang-undangan yang berlaku.         that date, and they may be reappointed in accordance with
                                                                 applicable laws and regulations.



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      Performance Highlights          Management Report                  Company Profile




Struktur dan Keanggotaan Komite Nominasi dan                              Structure and Membership of the Nomination and
Remunerasi                                                                Remuneration Committee
Komposisi keanggotaan Komite Nominasi dan Remunerasi                      The composition of the Company’s Nomination and
Perseroan terdiri dari 1 (satu) Komisaris Independen yang                 Remuneration Committee consists of 1 (one) Independent
menjabat sebagai Ketua, 1 (satu) Komisaris sebagai anggota,               Commissioner who serves as Chairman, 1 (one) Commissioner
serta 1 (satu) pejabat di bawah Direksi yang membawahi                    as a member, and 1 (one) officer under the Board of Directors
pengelolaan SDM Perseroan.                                                who supervise the Company’s human capital management.

Pada tahun 2025, komposisi Komite Nominasi dan Remunerasi                 In 2025, the composition of the Nomination and Remuneration
tidak mengalami perubahan dari tahun sebelumnya, yaitu                    Committee remains unchanged from the previous year,
sebagai berikut:                                                          as follows:


                                                           Rangkap Jabatan di
                  Nama               Jabatan                    Perseroan                Dasar Pengangkatan                Masa Jabatan
 No.
                  Name               Position             Concurrent Positions in      Legal Basis of Appointment          Term of Office
                                                              the Company

 1.       R. Nunu Soetjahja    Ketua Komite Nominasi   Komisaris Independen         Surat Keputusan Sirkuler           21 April 2025 – RUPST
          Noegroho             dan Remunerasi          Independent                  Dewan Komisaris Sebagai            2026
                               Chairman of the         Commissioner                 Pengganti Rapat Dewan              April 21, 2025 – 2026
                               Nomination and                                       Komisaris Perseroan No.L.Leg/      AGMS
                               Remuneration                                         SPDK-005/FIF/2025 tanggal 21
                               Committee                                            April 2025

                                                                                    Circular Letter of the Decree of
                                                                                    the Board of Commissioners as
                                                                                    a Substitute for the Company's
                                                                                    Board of Commissioners
                                                                                    Meeting No. L.Leg/SPDK-005/
                                                                                    FIF/2025 dated April 21, 2025

 2.       Rudy                 Anggota Komite          Presiden Komisaris           Surat Keputusan Sirkuler           21 April 2025 – RUPST
                               Nominasi dan            President                    Dewan Komisaris Sebagai            2026
                               Remunerasi              Commissioner                 Pengganti Rapat Dewan              April 21, 2025 – 2026
                               Member of the                                        Komisaris Perseroan No.L.Leg/      AGMS
                               Nomination and                                       SPDK-005/FIF/2025 tanggal 21
                               Remuneration                                         April 2025
                               Committee
                                                                                    Circular Letter of the Decree of
                                                                                    the Board of Commissioners as
                                                                                    a Substitute for the Company's
                                                                                    Board of Commissioners
                                                                                    Meeting No. L.Leg/SPDK-005/
                                                                                    FIF/2025 dated April 21, 2025

 3.       Arlien Virginia      Anggota Komite          Human Capital                Surat Keputusan Sirkuler           21 April 2025 – RUPST
          Jonathan             Nominasi dan            Division Head                Dewan Komisaris Sebagai            2026
                               Remunerasi                                           Pengganti Rapat Dewan              April 21, 2025 – 2026
                               Member of the                                        Komisaris Perseroan No.L.Leg/      AGMS
                               Nomination and                                       SPDK-005/FIF/2025 tanggal 21
                               Remuneration                                         April 2025
                               Committee
                                                                                    Circular Letter of the Decree of
                                                                                    the Board of Commissioners as
                                                                                    a Substitute for the Company's
                                                                                    Board of Commissioners
                                                                                    Meeting No. L.Leg/SPDK-005/
                                                                                    FIF/2025 dated April 21, 2025




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Profil Keanggotaan Komite Nominasi dan Remunerasi                     Profile of the Nomination and Remuneration Committee
                                                                      Members

Profil Ketua Komite Nominasi dan Remunerasi                           Profile of the Chairman of the Nomination and
                                                                      Remuneration Committee


Nama                             R. Nunu Soetjahja Noegroho
Name

Posisi di Komite                 Ketua Komite Nominasi dan Remunerasi
Position on the Committee        Chairman of the Nomination and Remuneration Committee

Dasar Penunjukkan                Surat Keputusan Sirkuler Dewan Komisaris Sebagai Pengganti Rapat Dewan Komisaris Perseroan
Legal Basis of Appointment       No.L.Leg/SPDK-005/FIF/2025 tanggal 21 April 2025
                                 Circular Letter of the Decree of the Board of Commissioners as a substitute for the Company's Board of
                                 Commissioners Meeting No. L.Leg/SPDK-005/FIF/2025 dated April 21, 2025

Sertifikasi Profesi              Sertifikasi Dasar Pembiayaan dari SPPI (2018)
Professional Certification       Basic Financing Certification from SPPI (2018)

Rangkap Jabatan                  •    Anggota Komite Audit PT Toyota Astra Financial Services (April 2024 – sekarang)
Concurrent Positions             •    Anggota Komite Manajemen Risiko PT Toyota Astra Financial Services (April 2024 – sekarang)
                                 •    Komisaris Independen Perseroan (September 2021 – sekarang)
                                 •    Ketua Komite Pemantau Risiko Perseroan (September 2021 – sekarang)

                                 •    Member of the Audit Committee of PT Toyota Astra Financial Services (April 2024 – present)
                                 •    Member of the Risk Management Committee of PT Toyota Astra Financial Services (April 2024 –
                                      present)
                                 •    Independent Commissioner of the Company (September 2021 – present)
                                 •    Chairman of the Company's Risk Monitoring Committee (September 2021 – present)

Profil lengkap Bapak R. Nunu Soetjahja Noegroho selaku Ketua Komite Nominasi dan Remunerasi yang juga merangkap jabatan sebagai
Komisaris Independen Perseroan telah diuraikan dengan rinci pada Bab Profil Perusahaan, Sub-bab Profil Dewan Komisaris, halaman 111.
The complete profile of Mr. R. Nunu Soetjahja Noegroho as Chairman of the Nomination and Remuneration Committee, who also holds the
position of Independent Commissioner of the Company, is described in detail in the Company Profile Chapter, Sub-chapter of the Board of
Commissioners Profile, page 111.




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   Performance Highlights             Management Report                 Company Profile




Profil Anggota Komite Nominasi dan Remunerasi                            Profile of Members of the Nomination and Remuneration
                                                                         Committee
Semua anggota Komite Nominasi dan Remunerasi Perseroan
berstatus Warga Negara Indonesia (WNI). Berikut uraian profil            All members of the Company’s Nomination and Remuneration
lengkap anggota Komite Nominasi dan Remunerasi Perseroan:                Committee are Indonesian citizens (WNI). The following is a
                                                                         detailed profile of the members of the Company’s Nomination
                                                                         and Remuneration Committee:


 Nama                             Rudy
 Name

 Posisi di Komite                 Anggota Komite Nominasi dan Remunerasi
 Position on the Committee        Member of the Nomination and Remuneration Committee

 Dasar Penunjukkan                Surat Keputusan Sirkuler Dewan Komisaris Sebagai Pengganti Rapat Dewan Komisaris Perseroan No.
 Legal Basis of Appointment       L.Leg/SPDK-005/FIF/2025 tanggal 21 April 2025
                                  Circular Decree of the Board of Commissioners as a Substitute for the Company’s Board of
                                  Commissioners Meeting No. L.Leg/SPDK-005/FIF/2025 dated April 21, 2025

 Sertifikasi Profesi              •    Sertifikasi Dasar Pembiayaan dari SPPI (2023)
 Professional Certification       •    Profesional Tata Kelola Risiko Berkualifikai (2023)
                                  •    Basic Financing Certification from SPPI (2023)
                                  •    Qualified Risk Management Professional (2023)

 Rangkap Jabatan                  •    Wakil Presiden Direktur PT Astra International Tbk (2025-sekarang)
 Concurrent Positions             •    Presiden Komisaris Perseroan (2025-sekarang)
                                  •    Komisaris PT Astra Nusa Perdana (2025-sekarang)
                                  •    Komisaris PT Astra Tol Nusantara (2025-sekarang)
                                  •    Presiden Komisaris PT Sedaya Multi Investama (2025-sekarang)
                                  •    Komisaris PT Toyota Astra Motor (2025-sekarang)
                                  •    Komisaris PT Pamapersada Nusantara (2025-sekarang)
                                  •    Komisaris PT Astra Daihatsu Motor (2024-sekarang)
                                  •    Ketua Dewan Pengawas Dana Pensiun Astra Dua (2024-sekarang)
                                  •    Ketua Dewan Pengawas Dana Pensiun Astra Satu (2024-sekarang)
                                  •    Wakil Presiden Komisaris PT United Tractors Tbk (2024-sekarang)
                                  •    Komisaris PT Menara Astra (2024-sekarang)
                                  •    Wakil Presiden Komisaris PT Toyota Astra Financial Services (2023-sekarang)
                                  •    Komisaris PT Asuransi Astra Buana (2023-sekarang)
                                  •    Presiden Komisaris PT Astra Sedaya Finance (2023-sekarang)

                                  •    Vice President Director of PT Astra International Tbk (2025-present)
                                  •    President Commissioner of the Company (2025-present)
                                  •    Commissioner of PT Astra Nusa Perdana (2025-present)
                                  •    Commissioner of PT Astra Tol Nusantara (2025-present)
                                  •    President Commissioner of PT Sedaya Multi Investama (2025-present)
                                  •    Commissioner of PT Toyota Astra Motor (2025-present)
                                  •    Commissioner of PT Pamapersada Nusantara (2025-present)
                                  •    Commissioner of PT Astra Daihatsu Motor (2024-present)
                                  •    Chairman of the Supervisory Board of Astra Dua Pension Fund (2024-present)
                                  •    Chairman of the Supervisory Board of Astra Satu Pension Fund (2024-present)
                                  •    Vice President Commissioner of PT United Tractors Tbk (2024-present)
                                  •    Commissioner of PT Menara Astra (2024-present)
                                  •    Vice President Commissioner of PT Toyota Astra Financial Services (2023-present)
                                  •    Commissioner of PT Asuransi Astra Buana (2023-present)
                                  •    President Commissioner of PT Astra Sedaya Finance (2023-present)

 Profil lengkap Bapak Rudy selaku anggota Komite Nominasi dan Remunerasi yang juga merangkap jabatan sebagai Presiden Komisaris
 Perseroan telah diuraikan dengan rinci pada Bab Profil Perusahaan, Sub-bab Profil Dewan Komisaris, halaman 108.
 The complete profile of Mr. Rudy as a member of the Nomination and Remuneration Committee who also holds the position of President
 Commissioner of the Company is described in detail in the Company Profile Chapter, Sub-chapter Profile of the Board of Commissioners,
 page 108.




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Nama                               Arlien Virginia Jonathan
Name

Usia                               46 tahun
Age                                46 years old

Riwayat Pendidikan                 Fakultas Psikologi, Universitas Katolik Atma Jaya (2001)
Educational History                Faculty of Psychology, Atma Jaya Catholic University (2001)

Sertifikasi Profesi                Sertifikasi Dasar Manajerial dari LSPPI (2022)
Professional Certification         Basic Managerial Certification from LSPPI (2022)

Riwayat Karier                     Beliau mengawali kariernya di Astra International Group sejak tahun 2003 dan dipercaya mengisi
Career History                     sejumlah posisi strategis. Beliau memiliki pengalaman profesional matang di bidang pengelolaan SDM,
                                   seperti HRD Supervisor di PT Parit Padang Distributor of SOHO Group, Recruitment & Talent Sub Dept.
                                   Head Perseroan (2007 – 2011), Recruitment, Talent & Reward Dept. Head di Perseroan (2011 – 2012),
                                   Human Capital Organization Development Dept. Head di Perseroan (2012 – 2020), dan Human Capital
                                   Division Head di Perseroan (2020 – sekarang), dan Anggota Komite Nominasi dan Remunerasi di
                                   Perseroan (2021 – sekarang).

                                   She began her career at Astra International Group in 2003 and has held a number of strategic positions.
                                   She has extensive professional experience in human resource/capital management, including as HRD
                                   Supervisor at PT Parit Padang Distributor of SOHO Group, Recruitment & Talent Sub Dept. Head at the
                                   Company (2007 – 2011), Recruitment, Talent & Reward Dept. Head at the Company (2011–2012), Human
                                   Capital Organization Development Dept. Head at the Company (2012–2020), and Human Capital
                                   Division Head at the Company (2020–present), and Member of the Nomination and Remuneration
                                   Committee at the Company (2021–present).

Rangkap Jabatan di                 -
Perusahaan Lain
Concurrent Positions at Other
Companies

Hubungan Afiliasi                  Tidak memiliki hubungan afiliasi dengan anggota Komisaris, Direksi, dan pemegang saham
Affiliated Relationship            No affiliation with members of the Board of Commissioners, Board of Directors, or shareholders




Independensi Komite Nominasi dan Remunerasi                             Independence of the Nomination and Remuneration
                                                                        Committee
Komite Nominasi dan Remunerasi melaksanakan fungsi dan                  The Nomination and Remuneration Committee carries out its
tanggung jawabnya dengan penuh profesionalisme serta                    functions and responsibilities with professionalism and upholds
menjunjung tinggi integritas, sehingga mampu memberikan                 integrity, enabling it to provide objective considerations and
pertimbangan dan rekomendasi yang objektif kepada Dewan                 recommendations to the Board of Commissioners regarding
Komisaris terkait proses nominasi dan penetapan remunerasi.             the nomination and remuneration determination process.

Keanggotaan Komite senantiasa dijaga independensinya                    The independence of the Committee’s membership is
sebagaimana dibuktikan dengan ketiadaan hubungan                        always maintained, as evidenced by the absence of financial,
afiliasi keuangan, kepengurusan, kepemilikan saham, atau                management, share ownership, or family relationships with
hubungan keluarga dengan anggota Dewan Komisaris,                       members of the Board of Commissioners, Directors, or
Direksi, maupun pemegang saham yang dapat memengaruhi                   shareholders that could affect objectivity. The appointment of
objektivitas. Penunjukan Komisaris Independen sebagai                   an Independent Commissioner as Chairman of the Committee
Ketua Komite menjadi salah satu wujud penguatan prinsip                 is one of the manifestations of strengthening this principle
independensi tersebut.                                                  of independence.




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   Performance Highlights               Management Report                  Company Profile




Rapat Komite Nominasi dan Remunerasi                                        Nomination and Remuneration Committee Meeting

Kebijakan Rapat                                                             Meeting Policy

Rapat Komite Nominasi dan Remunerasi dilaksanakan paling                    The Nomination and Remuneration Committee meeting is
sedikit sekali setiap empat bulan, dengan kehadiran mayoritas               held at least once every four months, with the attendance of
anggota termasuk Ketua Komite. Keputusan dalam rapat diambil                a majority of members, including the Committee Chairman.
melalui musyawarah untuk mencapai mufakat, dan apabila                      Decisions in the meeting are made through deliberation to reach
mufakat tidak tercapai, keputusan ditetapkan berdasarkan                    consensus, and if consensus cannot be reached, decisions
suara terbanyak dari anggota yang hadir.                                    are made based on the majority vote of the members present.

Frekuensi dan Tingkat Kehadiran                                             Frequency and Attendance Rate

Sepanjang tahun 2025, Komite Nominasi dan Remunerasi                        Throughout 2025, the Company’s Nomination and Remuneration
Perseroan telah menyelenggarakan sebanyak 4 (empat)                         Committee held 4 (four) internal meetings, with details and main
kali rapat internal, dengan rincian dan pokok pembahasan                    topics of discussion as presented in the following table:
sebagaimana disajikan pada tabel berikut:


             Nama                           Jabatan                   Jumlah Pertemuan                Kehadiran            Tingkat Kehadiran (%)
             Name                           Position                  Number of Meetings              Attendance            Attendance Rate (%)

 R. Nunu Soetjahja Noegroho       Ketua Komite Nominasi                         4                          4                        100
                                  dan Remunerasi
                                  Chairman of the
                                  Nomination and
                                  Remuneration Committee

 Rudy*                            Anggota Komite Nominasi                       3                          3                        100
                                  dan Remunerasi
                                  Member of the Nomination
                                  and Remuneration
                                  Committee

 Arlien Virginia Jonathan         Anggota Komite Nominasi                       4                          4                        100
                                  dan Remunerasi
                                  Member of the Nomination
                                  and Remuneration
                                  Committee


*)	Kehadiran Beliau dalam rapat Komite Nominasi dan Remunerasi dihitung sejak Beliau dinyatakan lulus uji kemampuan dan kepatutan sebagai
    Komisaris Independen yaitu pada 25 Juli 2025.
*)	His attendance at the Nomination and Remuneration Committee meeting is counted from the date he passed the competency and suitability test as an
    Independent Commissioner, which was on July 25, 2025.



Agenda Rapat Komite Nominasi dan Remunerasi                                 Agenda of the Nomination and Remuneration Committee
                                                                            Meeting

Berdasarkan ketentuan Pasal 71 ayat (2) POJK 48/2024, Komite                In accordance to Article 71(2) of POJK 48/2024, the Nomination
Nominasi dan Remunerasi wajib melaksanakan:                                 and Remuneration Committee is required to:
1. Melakukan evaluasi dan rekomendasi terkait kebijakan                     1. Conduct evaluations and recommendations regarding
   remunerasi; dan                                                              remuneration policies; and
2. Menyusun dan memberikan rekomendasi terkait                              2. Prepare and provide recommendations regarding
   kebijakan nominasi.                                                          nomination policies.




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Sepanjang tahun 2025, Komite Nominasi dan Remunerasi                  Throughout 2025, the Nomination and Remuneration
telah melaksanakan kewajibannya melalui rapat berkala                 Committee has fulfilled its obligations through 4 (four) regular
sebanyak 4 (empat) kali rapat dengan rincian tanggal dan              meetings with the details of the dates and agendas as follows:
agenda sebagaimana di bawah ini:


         Tanggal Rapat                                                             Topik
          Meeting Date                                                             Topic

 14 April 2025                   •    Evaluasi dan Rekomendasi terhadap Kebijakan Remunerasi
 April 14, 2025                  •    Rekomendasi dan Kebijakan Nominasi
                                 •    Memberikan Rekomendasi kepada Dewan Komisaris atas Usulan Calon Presiden Komisaris dan
                                      Komisaris Independen untuk periode 2025-2026

                                 •    Evaluation and Recommendations on Remuneration Policy
                                 •    Recommendations and Nomination Policy
                                 •    Providing Recommendations to the Board of Commissioners on the Proposed Candidates for
                                      President Commissioner and Independent Commissioner for the 2025-2026 term

 30 April 2025                   Update Susunan Direksi & Dewan Komisaris berdasarkan RUPS
 April 30, 2025                  Update on the Composition of the Board of Directors & Board of Commissioners based on the General
                                 Meeting of Shareholders

 29 Juli 2025                    Laporan Pengembangan Kompetensi Direksi & Dewan Komisaris
 July 29, 2025                   Report on the Development of the Competencies of the Board of Directors & Board of Commissioners

 12 Desember 2025                Approval in Bonus Pay Out
 December 12, 2025


Kebijakan Suksesi Direksi                                             Board of Directors Succession Policy
Komite Nominasi dan Remunerasi memegang peranan sentral               The Nomination and Remuneration Committee plays a central
dalam proses nominasi dan suksesi calon anggota Direksi.              role in the nomination and succession process for prospective
Kandidat Direksi dapat berasal dari kalangan profesional              Board of Directors members. Board of Directors candidates may
maupun dari talent pool internal. Sebelum mengusulkan nama-           come from professional circles or from the internal talent pool.
nama calon Direksi kepada Dewan Komisaris, Komite Nominasi            Before proposing the names of Board of Directors candidates to
dan Remunerasi melakukan identifikasi profil, evaluasi, serta         the Board of Commissioners, the Nomination and Remuneration
penilaian kompetensi masing-masing kandidat, sebagai bagian           Committee identifies the profiles, evaluates, and assesses the
dari tanggung jawabnya dalam menjaga keberagaman dan                  competencies of each candidate as part of its responsibility to
kualitas kepemimpinan Perseroan.                                      maintain the diversity and quality of the Company’s leadership.

Seluruh tahapan ini dilaksanakan dengan memperhatikan                 All of these stages are carried out in accordance with
persyaratan administratif, formal, material, dan kriteria khusus,     administrative, formal, material, and specific criteria, so that the
sehingga calon Direksi yang diajukan telah memenuhi standar           proposed Board of Directors candidates meet the Company’s
internal Perseroan serta ketentuan regulasi yang berlaku              internal standards and applicable regulations before obtaining
sebelum mendapatkan persetujuan pemegang saham. Dengan                shareholder approval. By implementing a transparent Board
menerapkan kebijakan suksesi Direksi yang transparan,                 of Directors succession policy, the Company ensures that the
Perseroan menjamin proses regenerasi kepemimpinan                     leadership regeneration process is structured, in line with the
berlangsung terstruktur, selaras dengan prinsip keberlanjutan,        principle of sustainability, and continues to take into account
dan tetap memperhatikan keberagaman keahlian serta                    the diversity of expertise and experience within the Board
pengalaman di jajaran Direksi.                                        of Directors.




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Program Pendidikan dan/atau Pengembangan                              Education and/or Competency Development Program
Kompetensi Komite Nominasi dan Remunerasi Tahun                       for the Nomination and Remuneration Committee in
2025                                                                  2025
Sepanjang tahun 2025, Komite Nominasi dan Remunerasi                  Throughout 2025, the Nomination and Remuneration Committee
aktif mengikuti berbagai program pendidikan dan                       actively participated in various education and competency
pengembangan kompetensi untuk memperdalam wawasan                     development programs to enhance their insight and strengthen
serta memperkuat pemahaman anggota mengenai praktik                   the understanding of its members regarding HC management
pengelolaan SDM yang selaras dengan peraturan perundang-              practices in line with labor laws and regulations as well as other
undangan ketenagakerjaan serta regulasi lain yang berlaku di          regulations applicable in the multifinance industry.
industri multifinance.

Pada tahun 2025, Komite Nominasi dan Remunerasi telah                 In 2025, the Nomination and Remuneration Committee
mengikuti sejumlah pelatihan dengan uraian sebagai berikut:           participated in a number of training programs, as
                                                                      described below:


          Nama                        Jabatan                  Jenis Pelatihan            Tanggal Pelaksanaan       Penyelenggara
          Name                        Position                 Type of Training                   Date                Organizer

 R. Nunu Soetjahja          Ketua Komite Nominasi dan      Pengungkapan terkait daftar pelatihan/seminar/workshop Bapak R. Nunu
 Noegroho                   Remunerasi                     Soetjahja Noegroho dan Bapak Rudy dapat dilihat pada Bab Tata Kelola
                            Chairman of the Nomination     Perusahaan, sub-bab Profil Dewan Komisaris
                            and Remuneration Committee
                                                           Disclosures related to the list of training/seminars/workshops attended by
 Rudy                       Anggota Komite Nominasi dan    Mr. R. Nunu Soetjahja Noegroho and Mr. Rudy can be found in the Corporate
                            Remunerasi                     Governance chapter, sub-chapter Profile of the Board of Commissioners
                            Member of the Nomination and
                            Remuneration Committee

 Arlien Virginia            Anggota Komite Nominasi dan    Sertifikasi dasar             2025                   LSPPI
 Jonathan                   Remunerasi                     Manajerial
                            Member of the Nomination and   Basic Managerial
                            Remuneration Committee         Certification

                            Anggota Komite Nominasi Dan    Personal Branding             8 April 2025           TALKINC
                            Remunerasi                     dan Excellent Public          April 8, 2025
                            Member of the Nomination and   Speaking Skills
                            Remuneration Committee

                            Anggota Komite Nominasi Dan    Astra Human Capital           20 Agustus 2025        Astra
                            Remunerasi                     Conference                    August 20, 2025
                            Member of the Nomination and
                            Remuneration Committee


Laporan Program Kerja dan Realisasi Pelaksanaan Tugas                 Report on the Work Program and Implementation of the
Komite Nominasi dan Remunerasi Tahun 2025                             Nomination and Remuneration Committee’s Duties for
                                                                      2025
Pada tahun 2025, Komite Nominasi dan Remunerasi telah                 In 2025, the Nomination and Remuneration Committee
menjalankan tugas dan tanggung jawabnya secara optimal                has optimally carried out its duties and responsibilities in
dalam membantu Dewan Komisaris melakukan proses nominasi              assisting the Board of Commissioners in the nomination and
dan remunerasi sesuai ketentuan peraturan perundang-                  remuneration process in accordance with applicable laws and
undangan yang berlaku. Komite Nominasi dan Remunerasi                 regulations. The Nomination and Remuneration Committee has
secara khusus telah melakukan pengawasan untuk memastikan             specifically conducted monitoring to ensure a balanced process
proses yang berimbang dalam menentukan SDM terbaik yang               in determining the best human capital to lead the Company
akan memimpin Perseroan serta komposisi remunerasi dan                as well as a balanced remuneration and benefits package.
benefit yang berimbang.




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Komite Pemantau Risiko
Risk Monitoring Committee

Komite Pemantau Risiko merupakan organ pendukung Dewan                The Risk Monitoring Committee is a supporting body of the
Komisaris yang dibentuk untuk memperkuat fungsi pengawasan            Board of Commissioners that was formed to strengthen the
terhadap penerapan manajemen risiko di seluruh kegiatan usaha         supervisory function of risk management in all of the Company’s
Perseroan. Komite ini berperan penting dalam memastikan               business activities. This committee plays an important role in
bahwa proses identifikasi, pengukuran, pemantauan, dan                ensuring that the processes of risk identification, measurement,
pengendalian risiko dilakukan secara efektif, terintegrasi, dan       monitoring, and control are done effectively, in an integrated
sejalan dengan kebijakan serta strategi bisnis Perseroan.             manner, and in line with the Company’s policies and
                                                                      business strategies.

Pembentukan Komite Pemantau Risiko diharapkan mampu                   The establishment of the Risk Monitoring Committee is expected
menjaga dan mengendalikan kegiatan usaha Perseroan agar               to maintain and control the Company’s business activities so
senantiasa berada dalam batas risiko yang dapat diterima (risk        that they remain within acceptable risk limits (risk appetite
appetite dan risk tolerance), mendukung pencapaian tingkat            and risk tolerance), support the achievement of healthy and
keuntungan yang sehat dan berkelanjutan, serta menumbuhkan            sustainable profit levels, and foster a strong and comprehensive
budaya manajemen risiko yang kuat dan menyeluruh di seluruh           risk management culture throughout the organization.
jenjang organisasi.

Dalam pelaksanaan tugasnya, Komite Pemantau Risiko bersifat           In managing its duties, the Risk Monitoring Committee is
independen namun tetap berkoordinasi secara konstruktif               independent but still coordinates constructively with the Board
dengan Dewan Komisaris, Komite Manajemen Risiko, Satuan               of Commissioners, the Risk Management Committee, the Risk
Kerja Manajemen Risiko, Audit Internal, serta auditor eksternal.      Management Work Unit, Internal Audit, and external auditors.
Sinergi tersebut memungkinkan terciptanya sistem manajemen            This synergy enables the creation of a risk management
risiko yang adaptif dan responsif terhadap dinamika lingkungan        system that is adaptive and responsive to the dynamics of the
usaha, sekaligus memperkuat penerapan prinsip GCG.                    business environment, while strengthening the implementation
                                                                      of GCG principles.

Pedoman Komite Pemantau Risiko                                        Risk Monitoring Committee Guidelines
Dalam melaksanakan tugas dan tanggung jawabnya, seluruh               In conducting their duties and responsibilities, all members of
anggota Komite Pemantau Risiko senantiasa mengacu pada                the Risk Monitoring Committee must always refer to the Risk
Pedoman Komite Pemantau Risiko yang terakhir dimutakhirkan            Monitoring Committee Guidelines, which were last updated
pada tanggal 30 Juni 2025.                                            on June 30, 2025.

Pedoman tersebut menjadi dasar dan acuan kerja bagi seluruh           These guidelines serve as the basis and reference for
anggota Komite Pemantau Risiko dalam menjalankan fungsi               all members of the Risk Monitoring Committee to do their
pengawasan serta memastikan pelaksanaan manajemen risiko              supervisory functions and ensuring the effective and integrated
yang efektif dan terintegrasi di seluruh lini kegiatan Perseroan.     implementation of risk management across all lines of the
                                                                      Company’s activities.

Secara umum, pedoman ini mengatur antara lain mengenai:               In general, these guidelines regulate, among other things:
1. Maksud & tujuan umum;                                              1. General purpose and objectives;
2. Peran dan tanggung jawab;                                          2. Roles and responsibilities;
3. Wewenang;                                                          3. Authority;
4. Organisasi: keanggotaan & rapat;                                   4. Organization: membership & meetings;
5. Perubahan terhadap pedoman dan kinerja komite pemantau             5. Changes to the guidelines and performance of the risk
   risiko; dan                                                            monitoring committee; and
6. Lain-lain.                                                         6. Miscellaneous.




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   Performance Highlights          Management Report              Company Profile




Pedoman Komite Pemantau Risiko telah dipublikasikan di situs       The Risk Monitoring Committee guidelines have been published
web resmi Perseroan sehingga dapat diakses oleh seluruh            on the Company’s official website so that they can be accessed
pemangku kepentingan sebagai bentuk komitmen terhadap              by all stakeholders as a form of commitment to the principles
prinsip keterbukaan informasi dan penerapan tata kelola            of information disclosure and the implementation of good
perusahaan yang baik.                                              corporate governance.

Tugas dan Tanggung Jawab Komite Pemantau Risiko                    Duties and Responsibilities of the Risk Monitoring
                                                                   Committee
Ruang lingkup tugas dan tanggung jawab Komite Pemantau             The scope of duties and responsibilities of the Risk Monitoring
Risiko sebagaimana tercantum dalam Pedoman Komite                  Committee as stated in the Risk Monitoring Committee
Pemantau Risiko mencakup kegiatan evaluasi dan pengawasan          Guidelines includes the evaluation and supervision of various
terhadap berbagai aspek penerapan manajemen risiko di              aspects of risk management implementation across all
seluruh lini kegiatan usaha Perseroan. Secara khusus, Komite       lines of the Company’s business activities. Specifically, the
Pemantau Risiko melakukan evaluasi dan pengawasan terhadap         Risk Monitoring Committee evaluates and supervises all of
hal-hal berikut ini:                                               the following:
1. Evaluasi tentang kesesuaian antara kebijakan manajemen          1. Evaluation of the alignment between risk management
    risiko dengan pelaksanaan kebijakan Perseroan;                     policies and the Company’s policy implementation;
2. Pemantauan dan evaluasi pelaksanaan komite manajemen            2. Monitoring and evaluation of the implementation of the risk
    risiko dan satuan kerja manajemen risiko;                          management committee and risk management work units;
3. Kebijakan manajemen risiko, prosedur, ruang lingkup,            3. Risk management policies, procedures, scope, tools, and
    alat, dan pedoman (Kerangka Manajemen Risiko) dan                  guidelines (Risk Management Framework) and providing
    memberikan rekomendasi atas kebutuhan perubahan yang               recommendations on changes proposed by the Risk
    diajukan oleh Komite Pemantau Risiko;                              Monitoring Committee;
4. Kecukupan proses untuk mengidentifikasi dan                     4. The adequacy of processes to identify and mitigate financial
    memitigasi risiko keuangan dan bisnis melalui efektivitas          and business risks through effective risk management;
    manajemen risiko;
5. Kesesuaian antara kebijakan manajemen risiko dengan             5. The alignment between risk management policies and the
    pelaksanaan kebijakan Perseroan;                                  implementation of the Company’s policies;
6. Pelaksanaan tugas Komite Pemantau Risiko dan satuan             6. The implementation of the duties of the Risk Monitoring
    kerja manajemen risiko.                                           Committee and risk management work units.

Sebagai bagian dari pelaksanaan tugas dan tanggung                 As part of its duties and responsibilities, the Risk Monitoring
jawabnya, Komite Pemantau Risiko juga memiliki kewajiban           Committee also has the obligation to prepare and submit
untuk menyusun dan menyampaikan laporan secara berkala             periodic reports to the Board of Commissioners. These reports
kepada Dewan Komisaris. Laporan tersebut memuat hasil              contain evaluation results, findings, and recommendations for
evaluasi, temuan, serta rekomendasi perbaikan atas penerapan       improvements to the implementation of risk management within
manajemen risiko di lingkungan Perseroan, dengan penjelasan        the Company, with the following explanations:
sebagai berikut:
1. Laporan tertulis sekurang-kurangnya 1 kali setiap 3 bulan,      1. A written report at least once every 3 months, including
   termasuk laporan atasan rincian kegiatan Komite Pemantau           a detailed report on the activities of the Risk Monitoring
   Risiko, rekomendasi atas tindak lanjut dan detail dari hal         Committee, recommendations for follow-up, and details of
   penting yang perlu menjadi perhatian Dewan Komisaris; dan          important matters that need to be brought to the attention
                                                                      of the Board of Commissioners; and
2. Setiap tindakan yang telah diambil oleh Direksi terkait hal-    2. Any actions taken by the Board of Directors regarding
   hal yang telah dilaporkan oleh Komite Pemantau Risiko.             matters reported by the Risk Monitoring Committee.

Masa Jabatan Komite Pemantau Risiko                                Term of Office of the Risk Monitoring Committee
Masa jabatan seluruh anggota Komite Pemantau Risiko                The term of office for all members of the Risk Monitoring
ditetapkan sejak tanggal pengangkatan oleh Dewan                   Committee is set from the date of appointment by the Board of
Komisaris hingga penutupan RUPS Tahunan kedua setelah              Commissioners until the closing of the second Annual General
tanggal tersebut, dan dapat diangkat kembali dengan tetap          Meeting of Shareholders after that date, and they may be
memperhatikan ketentuan perundang-undangan yang berlaku.           reappointed in accordance with applicable laws and regulations.




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Struktur dan Keanggotaan Komite Pemantau Risiko                            Structure and Membership of the Risk Monitoring
                                                                           Committee
Susunan keanggotaan Komite Pemantau Risiko Perseroan                       The Risk Monitoring Committee of the Company consists of
terdiri dari 1 (satu) orang Ketua yang merupakan Komisaris                 1 (one) Chairperson who is an Independent Commissioner, 1
Independen, 1 (satu) orang anggota yang merupakan Komisaris,               (one) member who is a Commissioner, and 1 (one) Independent
serta 1 (satu) Pihak Independen yang memiliki kompetensi                   Party who has competence and experience in the field of risk
dan pengalaman di bidang manajemen risiko dan keuangan.                    management and finance.

Sepanjang tahun 2025, struktur keanggotaan Komite Pemantau                 Throughout 2025, the membership structure of the Risk
Risiko tidak mengalami perubahan dari tahun sebelumnya,                    Monitoring Committee remained unchanged from the previous
dengan susunan sebagai berikut:                                            year, with the following composition:


  1 Januari 2025 - 31 Desember 2025
  January 1, 2025 - December 31, 2025


                                                         Rangkap Jabatan di
               Nama                  Jabatan                  Perseroan               Dasar Pengangkatan                Masa Jabatan
 No.
               Name                  Position           Concurrent Positions in     Legal Basis of Appointment          Term of Office
                                                            the Company

 1.    R. Nunu Soetjahja        Ketua Komite            Komisaris Independen      Surat Keputusan Dewan           RUPS Tahunan tanggal 19
       Noegroho                 Pemantau Risiko         Independent               Komisaris Sebagai Pengganti     April 2024 RUPS Tahunan
                                Chairman of the         Commissioner              Rapat Dewan Komisaris           tahun 2026
                                Risk Monitoring                                   Perseroan No. L.Leg/SPDK-
                                Committee                                         005/FIF/2024 tanggal 19 April   Annual General Meeting of
                                                                                  2024                            Shareholders dated April
                                                                                                                  19, 2024 Annual General
                                                                                  Board of Commissioners'         Meeting of Shareholders
                                                                                  Decree as a Substitute for      in 2026
                                                                                  the Company's Board of
                                                                                  Commissioners Meeting No.
                                                                                  L.Leg/SPDK-005/FIF/2024
                                                                                  dated April 19, 2024

 2.    Hardi Montana            Anggota Komite          Anggota Komite Audit      Surat Keputusan Dewan           RUPS Tahunan tanggal 19
                                Pemantau Risiko         Member of Audit           Komisaris Sebagai Pengganti     April 2024 RUPS Tahunan
                                Member of the           Committee                 Rapat Dewan Komisaris           tahun 2026
                                Risk Monitoring                                   Perseroan No. L.Leg/SPDK-
                                Committee                                         005/FIF/2024 tanggal 19 April   Annual General Meeting of
                                                                                  2024                            Shareholders dated April
                                                                                                                  19, 2024 Annual General
                                                                                  Board of Commissioners'         Meeting of Shareholders
                                                                                  Decree as a Substitute for      in 2026
                                                                                  the Company's Board of
                                                                                  Commissioners Meeting No.
                                                                                  L.Leg/SPDK-005/FIF/2024
                                                                                  dated April 19, 2024

 3.    Juliani Eliza Syaftari   Anggota Komite          Anggota Komite Audit      Surat Keputusan Dewan           RUPS Tahunan tanggal 19
                                Pemantau Risiko         Member of Audit           Komisaris Sebagai Pengganti     April 2024 RUPS Tahunan
                                Member of the           Committee                 Rapat Dewan Komisaris           tahun 2026
                                Risk Monitoring                                   Perseroan No. L.Leg/SPDK-
                                Committee                                         005/FIF/2024 tanggal 19 April   Annual General Meeting of
                                                                                  2024                            Shareholders dated April
                                                                                                                  19, 2024 Annual General
                                                                                  Board of Commissioners'         Meeting of Shareholders
                                                                                  Decree as a Substitute for      in 2026
                                                                                  the Company's Board of
                                                                                  Commissioners Meeting No.
                                                                                  L.Leg/SPDK-005/FIF/2024
                                                                                  dated April 19, 2024



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Profil Keanggotaan Komite Pemantau Risiko                               Profil Ketua Komite Pemantau Risiko


 Nama                            R. Nunu Soetjahja Noegroho
 Name

 Posisi di Komite                Ketua Komite Pemantau Risiko
 Position in the Committee       Chairman of the Risk Monitoring Committee

 Dasar Penunjukkan               Surat Keputusan Dewan Komisaris Sebagai Pengganti Rapat Dewan Komisaris Perseroan No. L.Leg/
 Legal Basis of Appointment      SPDK-005/FIF/2024 tanggal 19 April 2024
                                 Board of Commissioners' Decree as a Substitute for the Company's Board of Commissioners Meeting
                                 No. L.Leg/SPDK-005/FIF/2024 dated April 19, 2024

 Sertifikasi Profesi             Sertifikasi Dasar Pembiayaan dari SPPI (2018)
 Professional Certification      Basic Financing Certification from SPPI (2018)

 Rangkap Jabatan                 •    Anggota Komite Audit PT Toyota Astra Financial Services (April 2024 – sekarang)
 Concurrent Position             •    Anggota Komite Manajemen Risiko PT Toyota Astra Financial Services (April 2024 – sekarang)
                                 •    Komisaris Independen Perseroan (September 2021 – sekarang)
                                 •    Ketua Komite Nominasi dan Remunerasi Perseroan (September 2021 – sekarang)

                                 •    Member of the Audit Committee of PT Toyota Astra Financial Services (April 2024 – present)
                                 •    Member of the Risk Management Committee of PT Toyota Astra Financial Services (April 2024 –
                                      present)
                                 •    Independent Commissioner of the Company (September 2021 – present)
                                 •    Chairman of the Company's Nomination and Remuneration Committee (September 2021 – present)

 Profil lengkap Bapak R. Nunu Soetjahja Noegroho selaku Ketua Komite Pemantau Risiko yang juga merangkap jabatan sebagai Komisaris
 Independen Perseroan telah diuraikan dengan rinci pada Bab Profil Perusahaan, Sub-bab Profil Dewan Komisaris, halaman 111.
 The complete profile of Mr. R. Nunu Soetjahja Noegroho as Chairman of the Risk Monitoring Committee, who also holds the position
 of Independent Commissioner of the Company, is described in detail in the Company Profile Chapter, Sub-chapter of the Board of
 Commissioners Profile, page 111.



Profil Anggota Komite Pemantau Risiko                                   Profile of Risk Monitoring Committee Members

Semua anggota Komite Pemantau Risiko Perseroan berstatus                All members of the Company’s Risk Monitoring Committee are
Warga Negara Indonesia (WNI). Berikut uraian profil lengkap             Indonesian citizens (WNI). The following is a detailed profile of
anggota Komite Pemantau Risiko Perseroan:                               the members of the Company’s Risk Monitoring Committee:


 Nama                            Hardi Montana
 Name

 Posisi di Komite                Anggota Komite Pemantau Risiko
 Position in the Committee       Member of the Risk Monitoring Committee

 Dasar Penunjukkan               Surat Keputusan Dewan Komisaris Sebagai Pengganti Rapat Dewan Komisaris Perseroan No. L.Leg/
 Legal Basis of Appointment      SPDK-005/FIF/2024 tanggal 19 April 2024
                                 Board of Commissioners' Decree as a Substitite for the Company's Board of Commissioners Meeting No.
                                 L.Leg/SPDK-005/FIF/2024 dated April 19, 2024

 Sertifikasi Profesi             •    Sertifikasi Dasar Pembiayaan dari SPPI (2017)
 Professional Certification      •    Chartered Insurer dari Chartered Insurance Institute, UK (1995)
                                 •    Ahli Asuransi Indonesia – Kerugian (A2I-K) dari Ahli Manajemen Asuransi Indonesia (AAMAI) (1990)
                                 •    Associateship of the Chartered Insurance Institute (ACII) dari Chartered Insurance Institute, UK (1987)
                                 •    Basic Financing Certification from SPPI (2017)
                                 •    Chartered Insurer from the Chartered Insurance Institute, UK (1995)
                                 •    Indonesian Insurance Expert – Loss (A2I-K) from Indonesian Insurance Management Experts (AAMAI)
                                      (1990)
                                 •    Associateship of the Chartered Insurance Institute (ACII) from the Chartered Insurance Institute, UK
                                      (1987)




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Rangkap Jabatan                   Informasi perihal rangkap jabatan sudah disampaikan pada Bab Komite Audit, subbab Profil Anggota
Concurrent Position               Komite Audit
                                  Information regarding concurrent positions has been provided in the Audit Committee chapter,
                                  subchapter Audit Committee Member Profiles

Profil lengkap Bapak Hardi Montana selaku anggota Komite Pemantau Risiko telah diuraikan secara rinci pada Bab Tata Kelola Perusahaan,
Sub-bab Komite Audit, halaman 333.
The complete profile of Mr. Hardi Montana as a member of the Risk Monitoring Committee has been described in detail in the Corporate
Governance Chapter, Audit Committee sub-chapter, page 333.



Nama                              Juliani Eliza Syaftari
Name

Posisi di Komite                  Anggota Komite Pemantau Risiko
Position in the Committee         Member of the Risk Monitoring Committee

Dasar Penunjukkan                 Surat Keputusan Dewan Komisaris Sebagai Pengganti Rapat Dewan Komisaris Perseroan No. L.Leg/
Legal Basis of Appointment        SPDK-005/FIF/2024 tanggal 19 April 2024
                                  Board of Commissioners' Decree as a Substitite for the Company's Board of Commissioners Meeting No.
                                  L.Leg/SPDK-005/FIF/2024 dated April 19, 2024

Sertifikasi Profesi               Ahli Manajemen Risiko Perasuransian (AMRP) dari Lembaga Sertifikasi Profesi Aplikasi Asuransi dan
Professional Certification        Manajemen Asuransi Indonesia (AAMAI) (2015)
                                  Insurance Risk Management Specialist (AMRP) from the Indonesian Insurance Application and Insurance
                                  Management Professional Certification Institute (AAMAI) (2015)

Rangkap Jabatan                   Informasi perihal rangkap jabatan sudah disampaikan pada Bab Komite Audit, subbab Profil Anggota
Concurrent Position               Komite Audit
                                  Information regarding concurrent positions has been provided in the Audit Committee chapter,
                                  subchapter Audit Committee Member Profiles

Profil lengkap Ibu Juliani Eliza Syaftari selaku anggota Komite Pemantau Risiko telah diuraikan secara rinci pada Bab Tata Kelola
Perusahaan, Sub-bab Komite Audit, halaman 334.
The complete profile of Mrs. Juliani Eliza Syaftari as a member of the Risk Monitoring Committee has been described in detail in the
Corporate Governance Chapter, Audit Committee sub-chapter, page 334.


Independensi Komite Pemantau Risiko                                     Independence of the Risk Monitoring Committee
Perseroan berkomitmen untuk menjaga independensi dan                    The Company is committed to maintaining the independence
profesionalisme Komite Pemantau Risiko melalui komposisi                and professionalism of the Risk Monitoring Committee through a
keanggotaan yang sesuai dengan ketentuan perundang-                     membership composition that complies with statutory provisions.
undangan. Dalam rangka memastikan pelaksanaan fungsi                    In order to ensure the effective implementation of supervisory
pengawasan yang efektif dan bebas dari konflik kepentingan,             functions and freedom from conflicts of interest, the position
posisi Ketua Komite dijabat oleh Komisaris Independen.                  of Chairman of the Committee is held by an Independent
Selain itu, seluruh anggota Komite Pemantau Risiko memiliki             Commissioner. In addition, all members of the Risk Monitoring
kompetensi di bidang manajemen risiko dan keuangan,                     Committee have expertise in risk management and finance,
serta tidak memiliki hubungan keuangan, kepengurusan,                   and have no financial, management, ownership, or family
kepemilikan, maupun hubungan keluarga dengan anggota                    relationships with members of the Board of Commissioners,
Dewan Komisaris, Direksi, atau pemegang saham utama dan                 Board of Directors, or major shareholders and controllers of
pengendali Perseroan.                                                   the Company.




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Rapat Komite Pemantau Risiko                                      Risk Monitoring Committee Meetings

Kebijakan Rapat                                                   Meeting Policy

Komite Pemantau Risiko secara rutin menyelenggarakan              The Risk Monitoring Committee routinely holds meetings at
rapat paling sedikit satu kali dalam setiap tiga bulan guna       least once every three months to ensure the effectiveness of
memastikan efektivitas pelaksanaan fungsi pengawasan.             its supervisory functions. Meetings are chaired by the Chairman
Pelaksanaan rapat dipimpin oleh Ketua Komite Pemantau Risiko,     of the Risk Monitoring Committee, and in the event of his/
dan apabila berhalangan hadir, kepemimpinan rapat dialihkan       her absence, the chairmanship is transferred to a member of
kepada anggota Komite yang disepakati bersama oleh peserta        the Committee agreed upon by the meeting participants. All
rapat. Setiap keputusan diambil melalui musyawarah untuk          decisions are made through deliberation to reach consensus,
mufakat, sementara dalam kondisi tidak tercapai kesepakatan,      while in the event that consensus cannot be reached, decisions
keputusan ditetapkan berdasarkan suara terbanyak dengan           are made based on majority vote while upholding the principles
tetap menjunjung asas independensi dan objektivitas.              of independence and objectivity.

Frekuensi dan Tingkat Kehadiran                                   Frequency and Attendance Rate

Sepanjang tahun 2025, Komite Pemantau Risiko Perseroan            Throughout 2025, the Company’s Risk Monitoring Committee
telah menyelenggarakan sebanyak 5 (lima) kali rapat internal,     held a total of 5 (five) internal meetings, with details and main
dengan rincian dan pokok pembahasan sebagaimana disajikan         topics of discussion as presented in the following table:
pada tabel berikut:


                                                                                 Jumlah                              Tingkat
               Nama                              Jabatan                        Pertemuan        Kehadiran        Kehadiran (%)
               Name                              Position                       Number of        Attendance      Attendance Rate
                                                                                 Meetings                              (%)

 R. Nunu Soetjahja Noegroho    Ketua Komite Pemantau Risiko                         5                 5                 100
                               Chairman of the Risk Monitoring Committee

 Hardi Montana                 Anggota Komite Pemantau Risiko                       5                 5                 100
                               Member of the Risk Monitoring Committee

 Juliani Eliza Syaftari        Anggota Komite Pemantau Risiko                       5                 5                 100
                               Member of the Risk Monitoring Committee




Agenda Rapat Komite Pemantau Risiko                               Risk Monitoring Committee Meeting Agenda

Mengacu pada Pasal 70 ayat (4) POJK 48/2024, Komite               In accordance to Article 70 paragraph (4) of POJK 48/2024, the
Pemantau Risiko wajib melaksanakan:                               Risk Monitoring Committee is required to carry out:
1. Evaluasi tentang kesesuaian antara kebijakan manajemen         1. An evaluation of the alignment between risk management
   risiko dengan pelaksanaan kebijakan Perseroan; dan                 policies and the implementation of the Company’s policies;
                                                                      and
2. Pemantauan dan evaluasi pelaksanaan tugas komite               2. Monitoring and evaluation of the implementation of the tasks
   manajemen risiko dan satuan kerja manajemen risiko.                of the risk management committee and risk management
                                                                      work units.

Sepanjang tahun 2025, Komite Pemantau Risiko telah                Throughout 2025, the Risk Monitoring Committee has carried
melaksanakan kewajibannya melalui rapat berkala sebanyak          out its obligations through 5 (five) regular meetings with the
5 (lima) kali rapat dengan rincian tanggal dan agenda             details of the dates and agendas as follows:
sebagaimana di bawah ini:




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             Tanggal Rapat                                                                     Topik
              Meeting Date                                                                     Topic

 24 Februari 2025                          •   Portfolio Quality & Liquidity Management Q4 2024
 February 24, 2025                         •   Risk Management Update Q4 2024
                                           •   Review Laporan Profil Risiko Terintegrasi Semester II 2024

                                           •   Portfolio Quality & Liquidity Management Q4 2024
                                           •   Risk Management Update Q4 2024
                                           •   Review of the Integrated Risk Profile Report for the Second Semester of 2024

 24 April 2025                             •   Portfolio & Liquidity Management Q1 2025
 April 24, 2025                            •   Risk Management Update Q1 2025

 21 Juli 2025                              •   Portfolio Quality & Liquidity Management Q2 2025
 July 21, 2025                             •   Risk Management Update Q2 2025
                                           •   Review Laporan Profil Risiko Terintegrasi Semester I 2025

                                           •   Portfolio Quality & Liquidity Management Q2 2025
                                           •   Risk Management Update Q2 2025
                                           •   Review of the Integrated Risk Profile Report for the First Semester of 2025

 20 Oktober 2025                           •   Portfolio Quality & Liquidity Management Q3 2025
 October 20, 2025                          •   Risk Management Update Q3 2025

 27 November 2025                          •   Evaluasi Kinerja dan Pedoman KPR 2025
 November 27, 2025                         •   Rencana Kerja KPR 2026
                                           •   Overview Risk Management Plan 2026

                                           •   Performance Evaluation and Risk Monitoring Committee Guidelines in 2025
                                           •   Risk Monitoring Committee Work Plan in 2026
                                           •   Overview of the 2026 Risk Management Plan



Program Pendidikan dan/atau Pengembangan                                    Risk Monitoring Committee Education and/or
Kompetensi Komite Pemantau Risiko Tahun 2025                                Competency Development Program for 2025
Sepanjang tahun 2025, seluruh anggota Komite Pemantau                       Throughout 2025, all members of the Risk Monitoring
Risiko secara aktif mengikuti berbagai program pelatihan dan                Committee actively participated in various training and
pengembangan kompetensi yang diselenggarakan oleh pihak                     competency development programs organized by internal
internal maupun eksternal. Berikut ini adalah daftar pelatihan              and external parties. The following is a list of training courses
yang telah diikuti Komite Pemantau Risiko selama 2025:                      attended by the Risk Monitoring Committee during 2025:


        Nama                    Jabatan                       Judul Pelatihan/Workshop          Tanggal Pelaksanaan      Penyelenggara
        Name                    Position                        Training/Workshop Title                 Date               Organizer

 Hardi Montana        Anggota Komite Pemantau             •     Sertifikasi Manajemen      •     26 Agustus 2025      SPP
                      Risiko                                    Risiko                           August 26, 2025      SPPI
                      Member of the Risk                  •     Seminar Nasional           •     28 Oktober 2025
                      Monitoring Committee                      Resilience and                   October 28, 2025
                                                                Turnaround: Indonesia
                                                                Economic Direction

                                                          •     Risk Management
                                                                Certification
                                                          •     National Seminar
                                                                on Resilience and
                                                                Turnaround: Indonesia's
                                                                Economic Direction




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   Ikhtisar Kinerja                     Laporan Manajemen                Profil Perusahaan
   Performance Highlights               Management Report                Company Profile




         Nama                        Jabatan                Judul Pelatihan/Workshop           Tanggal Pelaksanaan      Penyelenggara
         Name                        Position                 Training/Workshop Title                  Date               Organizer

 Juliani Eliza Syaftari     Anggota Komite Pemantau     Kelangsungan Bisnis di               22 Januari 2025         CRMS, IRMAPA
                            Risiko                      2025: Pendekatan Risiko              January 22, 2025
                            Member of the Risk          Hukum & Manajemen
                            Monitoring Committee        Kepatuhan
                                                        Business Continuity in 2025:
                                                        Legal Risk & Compliance
                                                        Management Approach

                                                        Indonesia Insurance Summit           22 – 23 Mei 2025        Dewan Asuransi
                                                                                             May 22–23, 2025         Indonesia

                                                                                                                     Indonesian Insurance
                                                                                                                     Council

                                                        The Forum: Navigating                6 – 8 Agustus 2025      AAMAI
                                                        Geopolitical Threats                 August 6–8, 2025
                                                        & Opportunities in the
                                                        Insurance Industries

                                                        Risk & Governance Summit             19 Agustus 2025         Otoritas Jasa
                                                                                             August 19, 2025         Keuangan
                                                                                                                     Financial Services
                                                                                                                     Authority

                                                        Sertifikai Manajemen                 26 Agustus 2025         LP2I, APPI
                                                        Keuangan – Pembiayaan                August 26, 2025

                                                        Financial Management
                                                        Certification - Financing




Laporan Program Kerja dan Realisasi Pelaksanaan Tugas                     Report on the Work Program and Implementation of the
Komite Pemantau Risiko Tahun 2025                                         Risk Monitoring Committee’s Duties for 2025
Sepanjang tahun 2025, Komite Pemantau Risiko melaksanakan                 Throughout 2025, the Risk Monitoring Committee managed
fungsi pengawasan secara berkelanjutan guna memastikan                    its supervisory functions on an ongoing basis to ensure the
kecukupan dan efektivitas proses identifikasi, pengukuran,                adequacy and effectiveness of the processes of identifying,
pemantauan, serta mitigasi risiko keuangan dan risiko bisnis              measuring, monitoring, and mitigating financial and business
melalui penerapan manajemen risiko yang memadai. Dalam                    risks through the implementation of adequate risk management.
perannya sebagai organ pendukung Dewan Komisaris, Komite                  In its role as a supporting body to the Board of Commissioners,
menjalankan tugas dan tanggung jawabnya secara independen                 the Committee carried out its duties and responsibilities
dan efektif dengan melakukan pengawasan atas metodologi                   independently and effectively by supervising the Company’s
serta proses manajemen risiko Perseroan agar senantiasa                   risk management methodologies and processes to ensure
selaras dengan ketentuan peraturan perundang-undangan                     they were always in line with applicable laws and regulations.
yang berlaku.




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Komite-Komite Pendukung
di Bawah Direksi
Supporting Committees under the Board of Directors


Komite Manajemen Risiko
Risk Management Committee

Perseroan membentuk Komite Manajemen Risiko sebagai organ           The Company established the Risk Management Committee
pendukung di bawah Direksi yang berperan strategis dalam            as a supporting body under the Board of Directors that
memastikan penerapan manajemen risiko berjalan efektif,             plays a strategic role in ensuring that risk management is
terintegrasi, dan konsisten di seluruh lini bisnis. Pembentukan     implemented effectively, integrated, and consistently across
komite ini merupakan bentuk pemenuhan terhadap ketentuan            all lines of business. The establishment of this committee is
POJK No. 44/POJK.05/2020 tentang Penerapan Manajemen                in compliance with POJK No. 44/POJK.05/2020 concerning
Risiko bagi Lembaga Jasa Keuangan Non-Bank, serta sekaligus         the Implementation of Risk Management for Non-Bank
mencerminkan komitmen Perseroan dalam memperkuat tata               Financial Services Institutions, and also reflects the Company’s
kelola risiko yang prudent.                                         commitment to strengthening prudent risk management.

Dalam menjalankan perannya, Komite Manajemen Risiko                 In carrying out its role, the Risk Management Committee
bertanggung jawab untuk meningkatkan kapabilitas                    is responsible for improving the Company’s capabilities in
Perseroan dalam mengidentifikasi, mengukur, memantau,               identifying, measuring, monitoring, and controlling various
serta mengendalikan berbagai risiko material yang berpotensi        material risks that could potentially affect business performance
memengaruhi kinerja dan keberlanjutan usaha.                        and sustainability.

Pedoman Kerja Komite Manajemen Risiko                               Risk Management Committee Work Guidelines
Komite Manajemen Risiko melaksanakan peran, tugas, dan              The Risk Management Committee performs its roles, duties,
tanggung jawabnya dengan berpedoman pada Pedoman Kerja              and responsibilities in accordance with the Work Guidelines
Komite Manajemen Risiko sebagaimana telah ditetapkan melalui        for the Risk Management Committee as stipulated in Board
Surat Keputusan Direksi No. 025/FIF/SK-DIR/HOD/XI/2023              of Directors Decree No. 025/FIF/SK-DIR/HOD/XI/2023 dated
tertanggal 30 November 2023 tentang Perubahan Susunan               November 30, 2023 concerning Changes to the Composition
Komite Manajemen Risiko. Dengan adanya pedoman ini, Komite          of the Risk Management Committee. With these guidelines,
Manajemen Risiko memiliki arah dan landasan yang jelas dalam        the Risk Management Committee has a clear direction and
memastikan seluruh aktivitas pengelolaan risiko dijalankan          foundation in ensuring that all risk management activities are
secara efektif, konsisten, dan sesuai dengan prinsip kehati-        carried out effectively, consistently, and in accordance with the
hatian serta ketentuan peraturan yang berlaku.                      principles of prudence and applicable regulations.

Tugas dan Tanggung Jawab Komite Manajemen Risiko                    Duties and Responsibilities of the Risk Management
                                                                    Committee
Berdasarkan ketentuan yang tercantum dalam Pedoman                  Based on the provisions outlined in the Risk Management
Manajemen Risiko, ruang lingkup tugas dan tanggung jawab            Guidelines, the scope of duties and responsibilities of the Risk
Komite Manajemen Risiko, antara lain sebagai berikut:               Management Committee includes the following:
1. Menyusun kebijakan, strategi, dan pedoman penerapan              1. Developing policies, strategies, and guidelines for the
   Manajemen Risiko;                                                   implementation of Risk Management;
2. Memperbaiki atau menyesuaikan pelaksanaan Manajemen              2. Improving or adjusting the implementation of Risk
   Risiko berdasarkan hasil evaluasi pelaksanaan Manajemen             Management based on the results of the Risk Management
   Risiko; dan                                                         evaluation; and
3. Menetapkan hal-hal yang terkait dengan keputusan bisnis          3. Determining matters related to business decisions that
   yang menyimpang dari prosedur normal.                               deviate from normal procedures.




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      Ikhtisar Kinerja                Laporan Manajemen               Profil Perusahaan
      Performance Highlights          Management Report               Company Profile




Struktur dan Keanggotaan Komite Manajemen Risiko                       Structure and Membership of the Risk Management
                                                                       Committee
Komite Manajemen Risiko terdiri dari beberapa Direktur                 The Risk Management Committee consists of several Directors
serta Kepala Divisi Manajemen Risiko (Risk Management                  and the Head of the Risk Management Division, who play an
Division Head) yang berperan aktif dalam memastikan                    active role to make sure the effective implementation of risk
efektivitas penerapan manajemen risiko di seluruh lini                 management across all of the Company’s operational lines.
operasional Perseroan.

Per 31 Desember 2025, struktur keanggotaan Komite                      As of December 31, 2025, the membership structure of the
Manajemen Risiko Perseroan, adalah sebagai berikut:                    Company’s Risk Management Committee is as follows:


                                                               Rangkap Jabatan di
                    Nama                 Jabatan                                            Dasar Pengangkatan
                                                                    Perseroan                                         Masa Jabatan
 No.                Name                 Position                                              Legal Basis of
                                                              Concurrent Positions in                                 Term of Ofice
                                                                                               Appointment
                                                                  the Company

 1.       Indra Gunawan           Anggota Komite          •     Direktur                  Surat Keputusan Presiden 2021 – sekarang
                                  Manajemen Risiko        •     Anggota Komite            Direktur Nomor 002/      2021 – present
                                  Member of the Risk            Pengarah Teknologi        FIFGROUP/SK-PD/VI/2025
                                  Management Committee          Informasi                 tanggal 15 Juni 2025
                                                          •     Director
                                                          •     Member of the
                                                                Information
                                                                Technology Steering
                                                                Committee

 2.       Setia Budi              Anggota Komite          Direktur                        Surat Keputusan Presiden 2023 – sekarang
                                  Manajemen Risiko        Director                        Direktur Nomor 002/       2023 – present
                                  Member of the Risk                                      FIFGROUP/SK-PD/VI/2025
                                  Management Committee                                    tanggal 15 Juni 2025
                                                                                          President Director Decree
                                                                                          Number 002/FIFGROUP/
                                                                                          SK-PD/VI/2025 dated
                                                                                          June 15, 2025

 3.       Valentina Chai Wei Li   Anggota Komite          Direktur                        Surat Keputusan Presiden 2023 – sekarang
                                  Manajemen Risiko        Director                        Direktur Nomor 002/       2023 – present
                                  Member of the Risk                                      FIFGROUP/SK-PD/VI/2025
                                  Management Committee                                    tanggal 15 Juni 2025
                                                                                          President Director Decree
                                                                                          Number 002/FIFGROUP/
                                                                                          SK-PD/VI/2025 dated
                                                                                          June 15, 2025

 4.       Johan Oscar             Anggota Komite          •     Anggota Komite            Surat Keputusan Presiden 2021 – sekarang
                                  Manajemen Risiko              Pengarah TI               Direktur Nomor 002/       2021 – present
                                  Member of the Risk                                      FIFGROUP/SK-PD/VI/2025
                                  Management Committee    •     Member of the IT          tanggal 15 Juni 2025
                                                                Steering Committee        President Director Decree
                                                                                          Number 002/FIFGROUP/
                                                                                          SK-PD/VI/2025 dated
                                                                                          June 15, 2025




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                                 Business Support Review              Management Discussion and Analysis           Corporate Governance




Profil Keanggotaan Komite Manajemen Risiko                              Risk Management Committee Membership Profile

Profil Anggota Komite Manajemen Risiko                                  Profile of Risk Management Committee Members

Semua anggota Komite Manajemen Risiko Perseroan berstatus               All members of the Company’s Risk Management Committee
Warga Negara Indonesia (WNI). Berikut uraian profil lengkap             are Indonesian citizens. The following is a complete profile of
anggota Komite Manajemen Risiko:                                        the Risk Management Committee members:


Nama                             Indra Gunawan
Name

Posisi di Komite                 Anggota Komite Manajemen Risiko
Position on the Committee        Member of the Risk Management Committee

Dasar Penunjukkan                Surat Keputusan Presiden Direktur Nomor 002/FIFGROUP/SK-PD/VI/2025 tanggal 15 Juni 2025
Legal Basis of Appointment       President Director Decree Number 002/FIFGROUP/SK-PD/VI/2025 dated June 15, 2025

Sertifikasi Profesi              •    Sertifikasi Ahli Pembiayaan dari SPPI (2015)
Professional Certification       •    Sertifikasi Manajemen Risiko dari BSMR (2017)
                                 •    Sertifikasi Manajemen Risiko dari SPPI (2023)

                                 •    Certification as a Financing Expert from SPPI (2015)
                                 •    Risk Management Certification from BSMR (2017)
                                 •    Risk Management Certification from SPPI (2023)

Rangkap Jabatan                  •    Direktur di Perseroan
Concurrent Positions             •    Ketua Komite Pengarah Teknologi Informasi di Perseroan
                                 •    Presiden Komisaris di PT Sharia Multifinance Astra (2021–sekarang)
                                 •    Komisaris di PT Astra WeLab Digital Arta (2018–sekarang)
                                 •    Komisaris di PT Astra Digital Arta (2020–sekarang)

                                 •    Director at the Company
                                 •    Chairman of the Information Technology Steering Committee at the Company
                                 •    President Commissioner at PT Sharia Multifinance Astra (2021–present)
                                 •    Commissioner at PT Astra WeLab Digital Arta (2018–present)
                                 •    Commissioner at PT Astra Digital Arta (2020–present)

Profil lengkap Bapak Indra Gunawan selaku Direktur Perseroan telah diuraikan dengan rinci pada Bab Profil Perusahaan, Sub-bab Profil
Direksi, halaman 102.
The complete profile of Mr. Indra Gunawan as Director of the Company is described in detail in the Company Profile Chapter, Sub-chapter
of the Board of Directors Profile, page 102.



Nama                             Setia Budi
Name

Posisi di Komite                 Anggota Komite Manajemen Risiko
Position on the Committee        Member of the Risk Management Committee

Dasar Penunjukkan                Surat Keputusan Presiden Direktur Nomor 002/FIFGROUP/SK-PD/VI/2025 tanggal 15 Juni 2025
Legal Basis of Appointment       President Director Decree Number 002/FIFGROUP/SK-PD/VI/2025 dated June 15, 2025

Sertifikasi Profesi              •    Sertifikasi Manajemen Risiko dari BSMR (2019)
Professional Certification       •    Sertifikasi Ahli Pembiayaan dari SPPI (2019)
                                 •    Sertifikasi Manajemen Risiko dari SPPI (2023)

                                 •    Risk Management Certification from BSMR (2019)
                                 •    Financing Expert Certification from SPPI (2019)
                                 •    Risk Management Certification from SPPI (2023)




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   Ikhtisar Kinerja                    Laporan Manajemen                Profil Perusahaan
   Performance Highlights              Management Report                Company Profile




 Rangkap Jabatan                   •    Direktur di Perseroan
 Concurrent Positions              •    Komisaris di PT Astra Multi Finance (2012–sekarang)
                                   •    Komisaris di PT Sharia Multifinance Astra (2025–sekarang)

                                   •    Director at the Company
                                   •    Commissioner at PT Astra Multi Finance (2012–present)
                                   •    Commissioner at PT Sharia Multifinance Astra (2025–present)

 Profil lengkap Bapak Setia Budi selaku Direktur Perseroan telah diuraikan dengan rinci pada Bab Profil Perusahaan, Sub-bab Profil Direksi,
 halaman 103.
 The complete profile of Mr. Setia Budi as Director of the Company is described in detail in the Company Profile Chapter, Sub-chapter of the
 Board of Directors Profile, page 103.



 Nama                              Valentina Chai Wei Li
 Name

 Posisi di Komite                  Anggota Komite Manajemen Risiko
 Position on the Committee         Member of the Risk Management Committee

 Dasar Penunjukkan                 Surat Keputusan Presiden Direktur Nomor 002/FIFGROUP/SK-PD/VI/2025 tanggal 15 Juni 2025
 Legal Basis of Appointment        President Director Decree Number 002/FIFGROUP/SK-PD/VI/2025 dated June 15, 2025

 Sertifikasi Profesi               •    Sertifikasi Ahli Pembiayaan dari SPPI (2023)
 Professional Certification        •    Sertifikasi Manajemen Risiko dari SPPI (2024)

                                   •    Certification as a Financing Expert from SPPI (2023)
                                   •    Risk Management Certification from SPPI (2024)

 Rangkap Jabatan                   Direktur di Perseroan
 Concurrent Positions              Director of the Company

 Profil lengkap Ibu Valentina Chai Wei Li selaku Direktur Perseroan telah diuraikan dengan rinci pada Bab Profil Perusahaan, Sub-bab Profil
 Direksi, halaman 105.
 The complete profile of Mrs. Valentina Chai Wei Li as Director of the Company is described in detail in the Company Profile Chapter, Sub-
 chapter of the Board of Directors Profile, page 105.



 Nama                              Johan Oscar
 Name

 Usia                              43 tahun
 Age                               43 years old

 Riwayat Pendidikan                •    Strata 2, University of International Business and Economics, Beijing, China – International MBA
 Educational                            (2007)
 History                           •    Strata 1, Universitas Bina Nusantara – Teknik Informatika (2005)
                                   •    Strata 1, Universitas Bina Nusantara – Statistika (2005)
                                   •    Master’s Degree, University of International Business and Economics, Beijing, China – International
                                        MBA (2007)
                                   •    Bachelor’s Degree, Bina Nusantara University – Informatics Engineering (2005)
                                   •    Bachelor’s Degree, Bina Nusantara University – Statistics (2005)

 Sertifikasi Profesi               •    Sertifikasi Manajemen Risiko Program Eksekutif Perusahaan Pembiayaan dari APPI (2024)
 Professional Certification        •    Sertifikasi Dasar Manajerial dari APPI (2024)
                                   •    Executive Risk Management Certification for Financing Companies, APPI (2024)
                                   •    Basic Managerial Certification, APPI (2024)




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                                Business Support Review            Management Discussion and Analysis            Corporate Governance




 Riwayat Karier                 •    Anggota Komite Manajemen Risiko di Perseroan (2023 – sekarang)
 Career History                 •    Anggota Komite Pengarah TI di Perseroan (2023 – sekarang)
                                •    Risk Management Division Head di Perseroan (2023 – sekarang)
                                •    Jakarta Area Head di Perseroan (2019 – 2023)
                                •    Riau – Aceh Area Head di Perseroan (2017 – 2019)
                                •    Cibubur Branch Manager di Perseroan (2016 – 2017)
                                •    Jakarta Area Marketing Manager di Perseroan (2013 – 2016)
                                •    Semarang Area Marketing Manager di Perseroan (2012 – 2013)
                                •    Jogjakarta Area Marketing Manager di Perseroan (2011 – 2012)
                                •    Purwokerto Area Marketing Manager di Perseroan (2010 – 2011)
                                •    Management Development Program di Perseroan (2008 – 2010)

                                •    Member of the Risk Management Committee at the Company (2023 – present)
                                •    Member of the IT Steering Committee at the Company (2023 – present)
                                •    Head of Risk Management Division at the Company (2023 – present)
                                •    Jakarta Area Head at the Company (2019 – 2023)
                                •    Riau – Aceh Area Head at the Company (2017 – 2019)
                                •    Cibubur Branch Manager at the Company (2016 – 2017)
                                •    Jakarta Area Marketing Manager at the Company (2013–2016)
                                •    Semarang Area Marketing Manager at the Company (2012 – 2013)
                                •    Yogyakarta Area Marketing Manager at the Company (2011–2012)
                                •    Purwokerto Area Marketing Manager at the Company (2010 – 2011)
                                •    Management Development Program at the Company (2008 – 2010)

 Rangkap Jabatan di             -
 Perusahaan Lain

 Hubungan Afiliasi              Tidak memiliki hubungan afiliasi dengan anggota Komisaris, Direksi, dan pemegang saham
                                No affiliation with members of the Board of Commissioners, Board of Directors, and shareholders



Independensi Komite Manajemen Risiko                                Independence of the Risk Management Committee
Dalam menjalankan peran dan fungsinya, seluruh anggota              In fulfilling their roles and functions, all members of the
Komite Manajemen Risiko menegaskan komitmen untuk                   Risk Management Committee affirm their commitment to
senantiasa bertindak profesional, objektif, dan independen          always act professionally, objectively, and independently in
sesuai dengan peraturan yang berlaku serta prinsip-prinsip          accordance with applicable regulations and GCG principles.
GCG. Komitmen tersebut diwujudkan melalui penandatanganan           This commitment is manifested through the signing of an
Pakta Integritas oleh setiap anggota komite yang diperbarui         Integrity Pact by each committee member, which is renewed
secara berkala sebagai bentuk tanggung jawab moral dan              periodically as a form of moral and professional responsibility
profesional terhadap penerapan tata kelola yang baik.               for the implementation of good governance.

Rapat Komite Manajemen Risiko                                       Risk Management Committee Meetings

Kebijakan Rapat                                                     Meeting Policy

Rapat Komite Manajemen Risiko dilakukan minimal 1 (satu) kali       Risk Management Committee meetings are held at least once
dalam setahun.                                                      a year.

Frekuensi dan Tingkat Kehadiran                                     Frequency and Attendance Rate

Pada tahun 2025, Perseroan telah mengadakan 4 (empat) kali          In 2025, the Company held 4 (four) Risk Management Committee
rapat Komite Manajemen Risiko yang dihadiri oleh Direksi dan        meetings attended by the Board of Directors and committee
anggota komite. Informasi lebih rinci tentang pelaksanaan rapat     members. More detailed information about the implementation
dan tingkat kehadiran anggota komite dalam rapat tersebut,          of the meetings and the attendance rate of committee members
diuraikan pada tabel berikut ini:                                   at these meetings is outlined in the following table:




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   Performance Highlights              Management Report                Company Profile




                                                                                                                     Tingkat Kehadiran
          Nama                                Jabatan                       Jumlah Pertemuan        Kehadiran
                                                                                                                            (%)
          Name                                Position                      Number of Meetings      Attendance
                                                                                                                     Attendance Rate (%)

 Indra Gunawan              Anggota Komite Manajemen Risiko                            4                 4                   100
                            Member of the Risk Management Committee

 Setia Budi                 Anggota Komite Manajemen Risiko                            4                 4                   100
                            Member of the Risk Management Committee

 Valentina Chai Wei Li      Anggota Komite Manajemen Risiko                            4                 4                   100
                            Member of the Risk Management Committee

 Johan Oscar                Anggota Komite Manajemen Risiko                            4                 4                   100
                            Member of the Risk Management Committee



Agenda Rapat Komite Manajemen Risiko                                     Risk Management Committee Meeting Agenda

Sepanjang tahun 2025, Komite Manajemen Risiko telah                      Throughout 2025, the Risk Management Committee held
menyelenggarakan sejumlah rapat yang membahas berbagai                   a number of meetings to discuss various strategic matters,
hal strategis, antara lain mengenai:                                     including:


                Tanggal Rapat                                                               Topik
                 Meeting Date                                                               Topic

 24 Februari 2025                           Top Risk
 February 24, 2025

 24 April 2025                              Profil Risiko Semester II 2024
 April 24, 2025                             Risk Profile for the Second Semester of 2024

 1 Juli 2025                                Top Risk
 July 1, 2025

 20 Oktober 2025                            Profil Risiko Semester I 2025
 October 20, 2025                           Risk Profile for the First Semester of 2025


Program Pendidikan dan/atau Pengembangan                                 Risk Management Committee Education and/or
Kompetensi Komite Manajemen Risiko Tahun 2025                            Competency Development Program for 2025
Sepanjang tahun 2025, Komite Manajemen Risiko telah                      Throughout 2025, the Risk Management Committee participated
mengikuti sejumlah kegiatan pelatihan/seminar/Workshop                   in a number of training sessions/seminars/workshops to
dalam rangka menjaga tingkat keahlian dan kompetensinya                  maintain its level of expertise and competence in order to
guna mendukung pelaksanaan tugas sehari-hari. Berikut ini                support the performance of its daily duties. The following is
adalah daftar pelatihan yang telah diikuti Komite Manajemen              a list of training sessions attended by the Risk Management
Risiko selama 2025:                                                      Committee during 2025:


                                                                                                      Tanggal
          Nama                          Jabatan                         Jenis Pelatihan                                 Penyelenggara
                                                                                                    Pelaksanaan
          Name                          Position                        Type of Training                                  Organizer
                                                                                                        Date

 Indra Gunawan              Anggota Komite Manajamen Risiko Data pelatihan beliau telah diuraikan dengan rinci pada Bab Tata Kelola
                            Member of the Risk Management   Perusahaan, sub-bab “Program Pelatihan dan Peningkatan Kompetensi
                            Committee                       Direksi Tahun 2025”, pada halaman 302.
                                                            Detailed information regarding their training is presented in the Corporate
                                                            Governance Chapter, under the sub-chapter “2025 Board of Directors
                                                            Training and Competency Development Program,” on page 302.




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                                                                                                      Tanggal
         Nama                         Jabatan                       Jenis Pelatihan                                    Penyelenggara
                                                                                                    Pelaksanaan
         Name                         Position                      Type of Training                                     Organizer
                                                                                                        Date

 Setia Budi              Anggota Komite Manajamen Risiko Data pelatihan beliau telah diuraikan dengan rinci pada Bab Tata Kelola
                         Member of the Risk Management   Perusahaan, sub-bab “Program Pelatihan dan Peningkatan Kompetensi
                         Committee                       Direksi Tahun 2025”, pada halaman 302.
                                                         Detailed information regarding their training is presented in the Corporate
                                                         Governance Chapter, under the sub-chapter “2025 Board of Directors
                                                         Training and Competency Development Program,” on page 302.

 Valentina Chai Wei Li   Anggota Komite Manajamen Risiko Personal Branding & Excellent          12 Maret 2025        TALKINC
                         Member of the Risk Management   Public Speaking Skills                 March 12, 2025
                         Committee

 Johan Oscar             Anggota Komite Manajamen Risiko Astra General Management               5 Oktober 2025       Astra
                         Member of the Risk Management   Program                                October 5, 2025
                         Committee



Laporan Program Kerja dan Realisasi Pelaksanaan Tugas                Report on the Work Program and Implementation of the
Komite Manajemen Risiko Tahun 2025                                   Risk Management Committee’s Duties for 2025
Sepanjang tahun 2025, Komite Manajemen Risiko telah                  Throughout 2025, the Risk Management Committee has
menjalankan berbagai tugas utama sebagaimana diatur dalam            carried out various main tasks and duties as stipulated in the
Pedoman Kerja Komite Manajemen Risiko, yang mencakup                 Risk Management Committee Work Guidelines, which include,
antara lain perbaikan dan penyejuaan pelaksanaan manajemen           among others, improving and refining the implementation of
risiko berdasarkan hasil evaluasi pelaksanaan manajemen risiko.      risk management based on the results of risk management
                                                                     implementation evaluations.

Komite Pengarah Teknologi Informasi
Information Technology Steering Committee

Perkembangan TI yang semakin pesat di industri multifinance          The rapid development of IT in the multifinance industry
mendorong Perseroan untuk secara konsisten beradaptasi               has encouraged the Company to consistently adapt and
dan berinovasi melalui penerapan teknologi mutakhir guna             innovate through the application of the latest technology
mendukung efisiensi operasional serta peningkatan kualitas           to support operational efficiency and improve the quality of
layanan kepada debitur. Untuk memastikan pemanfaatan TI              services to debtors. To ensure that the use of IT is effective
berjalan efektif dan selaras dengan strategi bisnis, Direksi         and in line with business strategies, the Board of Directors
membentuk Komite Pengarah Teknologi Informasi sebagai                formed the Information Technology Steering Committee as a
organ pendukung yang berperan strategis dalam perumusan              supporting body that plays a strategic role in formulating policy
arah kebijakan dan pengawasan implementasi teknologi                 directions and overseeing the implementation of information
informasi. Pembentukan Komite ini merupakan bagian dari              technology. The establishment of this Committee is part of the
penerapan tata kelola teknologi informasi yang baik serta            implementation of good information technology governance and
bentuk kepatuhan terhadap POJK No. 4/POJK.05/2021 tentang            a form of compliance with POJK No. 4/POJK.05/2021 concerning
Penerapan Manajemen Risiko dalam Penggunaan Teknologi                the Application of Risk Management in the Use of Information
Informasi oleh Lembaga Jasa Keuangan Non-Bank.                       Technology by Non-Bank Financial Services Institutions.




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Pedoman Kerja Komite Pengarah Teknologi Informasi                  Work Guidelines for the Information Technology Steering
                                                                   Committee
Komite Pengarah TI menjalankan fungsi, tugas, dan tanggung         The IT Steering Committee performs its functions, duties, and
jawabnya dengan mengacu pada Surat Keputusan Direksi No.           responsibilities with reference to Board of Directors Decree No.
016/FIF-SK-DRT/HOD/VII/2025 tanggal 15 Juni 2025 tentang           016/FIF-SK-DRT/HOD/VII/2025 dated June 15, 2025, concerning
Pembentukan dan Susunan Keanggotaan Komite Pengarah                the Establishment and Composition of the Information
Teknologi Informasi. Dokumen tertulis tersebut menjadi dasar       Technology Steering Committee. This written document serves
hukum sekaligus pedoman operasional bagi Komite Pengarah TI        as the legal basis and operational guidelines for the IT Steering
dalam memastikan tata kelola, perencanaan, serta implementasi      Committee in ensuring that the governance, planning, and
teknologi informasi berjalan efektif dan mendukung pencapaian      implementation of information technology are effective and
strategi bisnis Perseroan.                                         support the achievement of the Company’s business strategy.

Tugas dan Tanggung Jawab Komite Pengarah Teknologi                 Duties and Responsibilities of the Information
Informasi                                                          Technology Steering Committee
Komite Pengarah TI memiliki tanggung jawab untuk memberikan        The IT Steering Committee is responsible for providing
rekomendasi kepada Direksi, yang mencakup paling sedikit           recommendations to the Board of Directors, which include at
hal-hal berikut:                                                   least the following:
1. Rencana Strategis Teknologi lnformasi yang sejalan dengan       1. An Information Technology Strategic Plan that is in line with
    rencana strategis kegiatan usaha Perseroan;                        the Company’s business strategic plan;
2. Perumusan kebijakan, standar, dan prosedur Teknologi            2. Formulation of key information technology policies,
    lnformasi yang utama;                                              standards, and procedures;
3. Kesesuaian antara proyek Teknologi lnformasi yang disetujui     3. The alignment of approved information technology projects
    dengan Rencana Strategis Teknologi lnformasi;                      with the Strategic Information Technology Plan;
4. Kesesuaian antara pelaksanaan proyek Teknologi lnformasi        4. The alignment of IT project implementation with the agreed
    dengan rencana proyek yang disepakati (project charter);           project plan (project charter);
5. Kesesuaian antara Teknologi lnforrnasi dengan kebutuhan         5. The alignment of Information Technology with the needs
    sistem informasi manajemen serta kebutuhan kegiatan                of the management information system and the business
    usaha Perseroan;                                                   activities of the Company;
6. Efektivitas langkah-langkah dalam meminimalkan risiko           6. Effectiveness of measures to minimize risks to the
    atas investasi Perseroan pada sektor Teknologi lnformasi           Company’s investments in the Information Technology
    agar investasi Perseroan pada sektor Teknologi Informasi           sector so that the Company’s investments in the Information
    memberikan kontribusi terhadap pencapaian tujuan bisnis            Technology sector contribute to the achievement of the
    Perseroan;                                                         Company’s business objectives;
7. Pemantauan atas kinerja Teknologi lnformasi dan upaya           7. Monitoring of Information Technology performance and
    peningkatan kinerja Teknologi lnformasi;                           efforts to improve Information Technology performance;
8. Upaya penyelesaian berbagai masalah terkait Teknologi           8. Efforts to resolve various issues related to Information
    lnformasi yang tidak dapat diselesaikan oleh satuan kerja          Technology that cannot be resolved by the user work unit
    pengguna dan penyelenggara Teknologi lnformasi secara              and Information Technology administrators effectively,
    efektif, efisien, dan tepat waktu; dan                             efficiently, and in a timely manner; and
9. Kecukupan dan alokasi sumber daya yang dimiliki Perseroan.      9. The adequacy and allocation of resources owned by
                                                                       the Company.

Struktur dan Keanggotaan Komite Pengarah Teknologi                 Structure and Membership of the Information
Informasi                                                          Technology Steering Committee
Komite Pengarah TI Perseroan terdiri dari Direktur, Information    The Company’s IT Steering Committee consists of the Director,
Technology Division Head, Risk Management Division Head,           Head of the Information Technology Division, Head of the Risk
Compliance and Standardization Deputy Division Head, serta         Management Division, Deputy Head of the Compliance and
Budget, Accounting & Tax Division Head.                            Standardization Division, and Head of the Budget, Accounting
                                                                   & Tax Division.




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Per 31 Desember 2025, struktur keanggotaan Komite Pengarah               As of December 31, 2025, the membership structure of the
TI Perseroan, adalah sebagai berikut:                                    Company’s IT Steering Committee is as follows:


           Nama              Jabatan                                                            Dasar Pengangkatan
                                                    Rangkap Jabatan di Perseroan                                             Masa Jabatan
 No.       Name              Position                                                              Legal Basis of
                                                  Concurrent Positions in the Company                                        Term of Ofice
                                                                                                   Appointment

  1.   Indra            Anggota Komite        •    Direktur                                    Surat Keputusan              2021 – sekarang
       Gunawan          Pengarah TI           •    Anggota Komite Manajemen Risiko             Direksi No. 016/
                        Member of the IT                                                       FIFGROUP/SK-DIR/
                        Steering Committee    •    Director                                    VI/2025 tanggal 15 Juni
                                              •    Member of the Risk Management               2025
                                                   Committee                                   Director Decree No.
                                                                                               016/FIFGROUP/SK-PD/
                                                                                               VI/2025 dated June 15,
                                                                                               2025

 2.    Billy Yonathan   Anggota Komite                             -                           Surat Keputusan              2023 – sekarang
                        Pengarah TI                                                            Direksi No. 016/              2023 – present
                        Member of the IT                                                       FIFGROUP/SK-DIR/
                        Steering Committee                                                     VI/2025 tanggal 15 Juni
                                                                                               2025
                                                                                               Director Decree No.
                                                                                               016/FIFGROUP/SK-PD/
                                                                                               VI/2025 dated June 15,
                                                                                               2025

 3.    Johan Oscar      Anggota Komite        •    Anggota Komite Manajemen Risiko             Surat Keputusan              2023 – sekarang
                        Pengarah TI                                                            Direksi No. 016/              2023 – present
                        Member of the IT      •    Member of the Risk Management               FIFGROUP/SK-DIR/
                        Steering Committee         Committee                                   VI/2025 tanggal 15 Juni
                                                                                               2025
                                                                                               Director Decree No.
                                                                                               016/FIFGROUP/SK-PD/
                                                                                               VI/2025 dated June 15,
                                                                                               2025

 4.    Santi            Anggota Komite                             -                           Surat Keputusan              2021 – sekarang
                        Pengarah TI                                                            Direksi No. 016/              2021 – present
                        Member of the IT                                                       FIFGROUP/SK-DIR/
                        Steering Committee                                                     VI/2025 tanggal 15 Juni
                                                                                               2025
                                                                                               Director Decree No.
                                                                                               016/FIFGROUP/SK-PD/
                                                                                               VI/2025 dated June 15,
                                                                                               2025

 5.    Ayni Hadi        Anggota Komite                             -                           Surat Keputusan              2021 – sekarang
       Santoso          Pengarah TI                                                            Direksi No. 016/              2021–present
                        Member of the IT                                                       FIFGROUP/SK-DIR/
                        Steering Committee                                                     VI/2025 tanggal 15 Juni
                                                                                               2025
                                                                                               Director Decree No.
                                                                                               016/FIFGROUP/SK-PD/
                                                                                               VI/2025 dated June 15,
                                                                                               2025




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Profil Keanggotaan Komite Pengarah Teknologi                             Profile of the Information Technology Steering
Informasi                                                                Committee Membership

Profil Anggota Komite Pengarah Teknologi Informasi                       Profile of Members of the Information Technology
                                                                         Steering Committee

Semua anggota Komite Pengarah Teknologi Informasi Perseroan              All members of the Company’s Information Technology Steering
berstatus Warga Negara Indonesia (WNI). Berikut uraian profil            Committee are Indonesian citizens (WNI). The following is a
lengkap anggota Komite Pengarah Teknologi Informasi:                     complete profile of the members of the Information Technology
                                                                         Steering Committee:


 Nama                             Indra Gunawan
 Name

 Posisi di Komite                 Anggota Komite Manajemen Risiko
 Position on the Committee        Member of the Risk Management Committee

 Dasar Penunjukkan                Surat Keputusan Presiden Direktur Nomor 002/FIFGROUP/SK-PD/VI/2025 tanggal 15 Juni 2025
 Legal Basis of Appointment       President Director Decree Number 002/FIFGROUP/SK-PD/VI/2025 dated June 15, 2025

 Sertifikasi Profesi              •    Sertifikasi Ahli Pembiayaan dari SPPI (2015)
 Professional Certification       •    Sertifikasi Manajemen Risiko dari BSMR (2017)
                                  •    Sertifikasi Manajemen Risiko dari SPPI (2023)

                                  •    Certification as a Financing Expert from SPPI (2015)
                                  •    Risk Management Certification from BSMR (2017)
                                  •    Risk Management Certification from SPPI (2023)

 Rangkap Jabatan                  •    Direktur di Perseroan
 Concurrent Positions             •    Ketua Komite Pengarah Teknologi Informasi di Perseroan
                                  •    Presiden Komisaris di PT Sharia Multifinance Astra (2021–sekarang)
                                  •    Komisaris di PT Astra WeLab Digital Arta (2018–sekarang)
                                  •    Komisaris di PT Astra Digital Arta (2020–sekarang)

                                  •    Director at the Company
                                  •    Chairman of the Information Technology Steering Committee at the Company
                                  •    President Commissioner at PT Sharia Multifinance Astra (2021–present)
                                  •    Commissioner at PT Astra WeLab Digital Arta (2018–present)
                                  •    Commissioner at PT Astra Digital Arta (2020–present)

 Profil lengkap Bapak Indra Gunawan selaku Direktur Perseroan telah diuraikan dengan rinci pada Bab Profil Perusahaan, Sub-bab Profil
 Direksi, halaman 102.
 The complete profile of Mr. Indra Gunawan as Director of the Company is described in detail in the Company Profile Chapter, Sub-chapter
 of the Board of Directors Profile, page 102.




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Nama                             Johan Oscar
Name

Posisi di Komite                 Anggota Komite Pengarah Teknologi Informasi
Position on the Committee        Member of the Information Technology Steering Committee

Dasar Penunjukkan                Surat Keputusan Direksi No. 016/FIFGROUP/SK-DIR/VI/2025 tanggal 15 Juni 2025
Legal Basis of Appointmet        Director Decree No. 016/FIFGROUP/SK-PD/VI/2025 dated June 15, 2025

Sertifikasi Profesi              •   Sertifikasi Management Risiko Program Eksekutif Perusahaan Pembiayaan dari APPI (2024)
Professional Certification       •   Sertifikasi Dasar Managerial dari APPI (2024)

                                 •   Executive Program Risk Management Certification for Financing Companies from APPI (2024)
                                 •   Basic Managerial Certification from APPI (2024)

Rangkap Jabatan                  Anggota Komite Manajemen Risiko di Perseroan (2023 – sekarang)
Concurrent Positions             Member of the Risk Management Committee at the Company (2023 – present)

Profil lengkap Bapak Johan Oscar telah diuraikan dengan rinci pada Bab Tata Kelola Perusahaan, Sub-bab Profil Anggota Komite
Manajemen Risiko, halaman 360.
Mr. Johan Oscar's complete profile is described in detail in the Corporate Governance Chapter, Risk Management Committee Member
Profile Sub-chapter, page 360.




Nama                             Billy Yonathan
Name

Usia                             39 tahun
Age                              39 years old

Riwayat Pendidikan               Strata 1, Universitas Parahyangan – Economy Management (2009)
Educational History              Bachelor’s Degree, Parahyangan University – Management (2009)

Sertifikasi Profesi              •   Indonesia Personal Data Protection Officer dari Privasimu (2025)
Professional Certification       •   Compliance Profesional (CCP) dari PPM Manajemen (2024)
                                 •   Governance, Risk, and Compliance Profesional (CGRCP) dari LSP GRC (2024)

                                 •   Indonesia Personal Data Protection Officer from Privasimu (2025)
                                 •   Certified Compliance Professional (CCP) from PPM Manajemen (2024)
                                 •   Certified Governance, Risk, and Compliance Professional (CGRCP) from LSP GRC (2024)

Riwayat Karier                   •   Compliance & Standardization Deputy Division Head - Data Protection Officer Leader di Perseroan
Career History                       (September 2024 – sekarang)
                                 •   Anggota Komite Pengarah TI di Perseroan (Juli 2023 – sekarang)
                                 •   Compliance and Standardization Deputy Division Head di Perseroan (Juni 2024 – sekarang)
                                 •   Business and Process Development Department Head di Perseroan (Juni 2016 – Juni 2024)
                                 •   Head of CRM Online Sub Department di Perseroan (2014 – 2026)

                                 •   Deputy Division Head of Compliance & Standardization - Data Protection Officer Leader at the
                                     Company (September 2024 – present)
                                 •   Member of the IT Steering Committee at the Company (July 2023 – present)
                                 •   Compliance and Standardization Deputy Division Head at the Company (June 2024 – present)
                                 •   Business and Process Development Department Head at the Company (June 2016 – June 2024)
                                 •   Head of CRM Online Sub Department at the Company (2014 – 2026)

Rangkap Jabatan di               -
Perusahaan Lain
Concurrent Position at Another
Company

Hubungan Afiliasi                Tidak memiliki hubungan afiliasi dengan anggota Komisaris, Direksi, dan pemegang saham
Affiliate Relationship           No affiliation with members of the Board of Commissioners, Board of Directors, and shareholders




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 Nama                             Santi
 Name

 Usia                             42 tahun
 Age                              42 years old

 Riwayat Pendidikan               •    STIE IBII Magister. Akuntansi (2009)
 Educational History              •    STIE IBII Sarjana Ekonomi jurusan Akuntansi (2004)

                                  •    STIE IBII Master of Accounting (2009)
                                  •    STIE IBII Bachelor of Economics majoring in Accounting (2004)

 Sertifikasi Profesi              Sertifikasi Dasar Manajerial dari SPPI (2025)
 Professional Certification       The ACCA Diploma in IFRS dari Association of Charterred Certified Accountants (2010)

                                  Basic Managerial Certification from SPPI (2025)
                                  The ACCA Diploma in IFRS from the Association of Chartered Certified Accountants (2010)

 Riwayat Karier                   •    Anggota Komite Pengarah TI di Perseroan (Agustus 2021 - sekarang)
 Career History                   •    Budget Accounting and Tax Division di Perseroan (Juli 2019-sekarang)
                                  •    Accounting and Tax Department Head di Perseroan (Juni 2012 - Juni 2019)
                                  •    Accounting and Tax Sub Department Head di Perseroan (April 2011 -Mei 2012)
                                  •    Tax Sub Department Head di Perseroan (Mei 2010 - Maret 2011)
                                  •    Tax Officer di Perseroan (Juni 2004 - Mei 2010)

                                  •    Member of the IT Steering Committee at the Company (August 2021 - present)
                                  •    Budget Accounting and Tax Division at the Company (July 2019-present)
                                  •    Head of Accounting and Tax Department at the Company (June 2012 - June 2019)
                                  •    Accounting and Tax Sub-Department Head at the Company (April 2011 - May 2012)
                                  •    Tax Sub-Department Head at the Company (May 2010 - March 2011)
                                  •    Tax Officer at the Company (June 2004 - May 2010)

 Rangkap Jabatan di               -
 Perusahaan Lain
 Concurrent Position at Another
 Company

 Hubungan Afiliasi                Tidak memiliki hubungan afiliasi dengan anggota Komisaris, Direksi, dan pemegang saham
 Affiliate Relationship           No affiliation with members of the Board of Commissioners, Board of Directors, and shareholders




 Nama                             Ayni Hadi Santoso
 Name

 Usia                             51 tahun
 Age                              51 years old

 Riwayat Pendidikan               Sarjana Teknologi Industri Pertanian dari Universitas Gadjah Mada, Yogyakarta (1997)
 Educational History              Bachelor of Agricultural Industrial Technology from Gadjah Mada University, Yogyakarta (1997)

 Sertifikasi Profesi              -
 Professional Certification




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 Riwayat Karier                   •   Anggota Komite Pengarah TI di Perseroan (Agustus 2021 - sekarang)
 Career History                   •   Information Technology Division Head di Perseroan (September 2020- sekarang)
                                  •   Information Technology Deputy Division Head di Perseroan (Juni 2020-Agustus 2020)
                                  •   IT Core Development Department Head di Perseroan (Agustus 2017- Mei 2020)
                                  •   IT Development Department Head di Perseroan (Mei 2013-Juli 2017)
                                  •   IT Development Sub Department Head di Perseroan (Maret 2013-April 2013)
                                  •   IT PMO & QA Sub Department Head di Perseroan (Maret 2012- Maret 2013)
                                  •   IT Non-Core Development Sub Department Head di Perseroan (Mei 2009-Februari 2012)
                                  •   Senior IT Non-Core Development Officer di Perseroan (Mei 2007-April 2006)
                                  •   Senior IT Application Development and Core Officer di Perseroan (Maret 2007-April 2007)
                                  •   IT Application Development and Core Officer di Perseroan (April 2005-Maret 2007)
                                  •   IT Operation and Development Officer di Perseroan (Februari 2000-Apr il2005)
                                  •   IT Operation Officer di Perseroan (November 1998-Januari 2000)

                                  •   Member of the IT Steering Committee at the Company (August 2021 - present)
                                  •   Head of the Information Technology Division at the Company (September 2020 - present)
                                  •   Deputy Head of the Information Technology Division at the Company (June 2020 - August 2020)
                                  •   Head of IT Core Development Department at the Company (August 2017 - May 2020)
                                  •   IT Development Department Head at the Company (May 2013–July 2017)
                                  •   IT Development Sub Department Head at the Company (March 2013-April 2013)
                                  •   IT PMO & QA Sub Department Head at the Company (March 2012-March 2013)
                                  •   IT Non-Core Development Sub Department Head at the Company (May 2009-February 2012)
                                  •   Senior IT Non-Core Development Officer at the Company (May 2007-April 2006)
                                  •   Senior IT Application Development and Core Officer at the Company (March 2007-April 2007)
                                  •   IT Application Development and Core Officer at the Company (April 2005-March 2007)
                                  •   IT Operation and Development Officer at the Company (February 2000-April 2005)
                                  •   IT Operation Officer at the Company (November 1998-January 2000)

 Rangkap Jabatan di               -
 Perusahaan Lain
 Concurrent Position at Another
 Company

 Hubungan Afiliasi                Tidak memiliki hubungan afiliasi dengan anggota Komisaris, Direksi, dan pemegang saham
 Affiliate Relationship           No affiliation with members of the Board of Commissioners, Board of Directors, and shareholders



Independensi Komite Pengarah Teknologi Informasi                      Independence of the Information Technology Steering
                                                                      Committee
Seluruh anggota Komite Pengarah TI menyatakan komitmen                All members of the IT Steering Committee declare their
dan kesanggupan untuk menjalankan tugas serta tanggung                commitment and willingness to carry out their duties and
jawabnya secara profesional, objektif, dan independen sesuai          responsibilities professionally, objectively, and independently
dengan ketentuan peraturan yang berlaku serta prinsip-prinsip         in accordance with applicable regulations and GCG principles.
GCG. Pernyataan independensi tersebut dituangkan dalam                This statement of independence is outlined in the Integrity Pact,
Pakta Integritas, yang ditandatangani dan diperbarui secara           which is signed and periodically updated by all members of
berkala oleh seluruh anggota Komite Pengarah TI sebagai               the IT Steering Committee as a form of commitment to integrity
bentuk komitmen terhadap integritas dan akuntabilitas dalam           and accountability in decision-making.
pengambilan keputusan.



Rapat Komite Pengarah Teknologi Informasi                             Information Technology Steering Committee Meeting

Kebijakan Rapat                                                       Meeting Policy

Rapat Komite Pengarah TI dilaksanakan minimal 1 (satu) kalo           The IT Steering Committee Meeting is held at least once a year.
dalam setahun.




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Frekuensi dan Tingkat Kehadiran                                                 Frequency and Attendance Rate

Pada tahun 2025, Perseroan telah mengadakan 2 (dua) kali                        In 2025, the Company held 2 (two) IT Steering Committee
rapat Komite Pengarah TI yang dihadiri oleh Direksi dan anggota                 meetings attended by the Board of Directors and committee
komite. Informasi lebih rinci tentang pelaksanaan rapat dan                     members. More detailed information about the implementation
tingkat kehadiran anggota komite dalam rapat tersebut,                          of the meetings and the attendance rate of committee members
diuraikan pada tabel berikut ini:                                               at these meetings is outlined in the following table:


                         Tanggal Rapat                                      Agenda Rapat                               Kuorum Kehadiran
 No.
                          Meeting Date                                     Meeting Agenda                            Attendance Quorum (%)

 1.       7 Mei 2025                                  Update progres dan persiapan audit ISO:27001                           100%
          May 7, 2025                                 ISO:27001 audit progress and preparation update

 2.       22 September 2025                           •     External Analysis                                                100%
          September 22, 2025                          •     Internal Analysis
                                                      •     Strategy Initiative IT Division



Program Pendidikan dan/atau Pengembangan                                        Information Technology Steering Committee Education
Kompetensi Komite Pengarah Teknologi Informasi Tahun                            and/or Competency Development Program 2025
2025
Sepanjang tahun 2025, Komite Pengarah TI telah berpartisipasi                   Throughout 2025, the IT Steering Committee participated
dalam berbagai program pelatihan dan pengembangan                               in various training and competency development programs
kompetensi guna memperdalam wawasan serta pemahaman                             to deepen its knowledge and understanding of the latest
terhadap perkembangan teknologi informasi terkini, khususnya                    developments in information technology, particularly those
yang relevan dengan dinamika industri keuangan dan                              relevant to the dynamics of the financial and financing industries.
pembiayaan. Adapun kegiatan pelatihan yang diikuti antara lain:                 The training activities participated in included:


                                                                                                         Tanggal
            Nama                         Jabatan                        Jenis Pelatihan                                       Penyelenggara
                                                                                                       Pelaksanaan
            Name                         Position                       Type of Training                                        Organizer
                                                                                                           Date

 Indra Gunawan                 Anggota Komite Pengarah TI      Data pelatihan beliau telah diuraikan dengan rinci pada Bab Tata Kelola
                               Member of the IT Steering       Perusahaan, sub-bab Program Pelatihan dan Peningkatan Kompetensi Direksi
                               Committee                       Tahun 2025, pada halaman 302.
                                                               Detailed information regarding his training is presented in the Corporate
                                                               Governance Chapter, under the sub-chapter “2025 Board of Directors Training and
                                                               Competency Development Program,” on page 302.

 Johan Oscar                   Anggota Komite Pengarah TI      Data pelatihan beliau telah diuraikan dengan rinci pada Bab Tata Kelola
                               Member of the IT Steering       Perusahaan, sub-bab Program Pendidikan dan/atau Pengembangan Kompetensi
                               Committee                       Komite Manajemen Risiko Tahun 2025, pada halaman 362.
                                                               Detailed information regarding his training is presented in the Corporate
                                                               Governance Chapter, under the sub-chapter “2025 Risk Management Committee
                                                               Education and/or Competency Development Program,” on page 362.

 Billy Yonathan                Anggota Komite Pengarah TI      Certified Indonesia Personal        17 Februari 2025             PRIVASIMU
                               Member of the IT Steering       Data Protection Officer             February 17, 2025
                               Committee

 Billy Yonathan                Anggota Komite Pengarah TI      Personal Branding dan Excellent     12 Maret 2025                 TALKINC
                               Member of the IT Steering       Public Speaking Skills              March 12, 2025
                               Committee




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                                                                                                    Tanggal
         Nama                    Jabatan                           Jenis Pelatihan                                    Penyelenggara
                                                                                                  Pelaksanaan
         Name                    Position                          Type of Training                                     Organizer
                                                                                                      Date

 Santi                 Anggota Komite Pengarah TI         Personal Branding dan Excellent     8 April 2025               TALKINC
                       Member of the IT Steering          Public Speaking Skills              April 8, 2025
                       Committee

 Ayni Hadi Santoso     Anggota Komite Pengarah TI         Personal Branding dan Excellent     8 April 2025               TALKINC
                       Member of the IT Steering          Public Speaking Skills              April 8, 2025
                       Committee

 Billy Yonathan        Anggota Komite Pengarah TI         Data Protection Officer             17 September 2025       Astra Financial
                       Member of the IT Steering                                              September 23,
                       Committee                                                              2025

 Ayni Hadi Santoso     Anggota Komite Pengarah TI         Strategic Sensibility: Beyond the   23 September 2025           SBM ITB
                       Member of the IT Steering          Boundaries                          September 23,
                       Committee                                                              2025


Laporan Program Kerja dan Realisasi Pelaksanaan Tugas                     Report on the Work Program and Implementation of the
Komite Pengarah Teknologi Informasi Tahun 2025                            Information Technology Steering Committee’s Duties for
                                                                          2025
Sepanjang tahun 2025, Komite Pengarah TI telah melaksanakan               Throughout 2025, the IT Steering Committee has carried out
berbagai tugas utama sebagaimana diatur dalam Pedoman                     various main tasks as stipulated in the IT Steering Committee
Kerja Komite Pengarah TI, antara lain:                                    Work Guidelines, including:
1. Rencana Strategis Teknologi Informasi yang sejalan dengan              1. An Information Technology Strategic Plan that is aligned
   rencana strategis kegiatan usaha Perseroan;                                with the Company’s business strategic plan;
2. Perumusan kebijakan, standar, dan prosedur Teknologi                   2. Formulation of key Information Technology policies,
   Informasi yang utama;                                                      standards, and procedures;
3. Kesesuaian antara pelaksanaan proyek Teknologi Informasi               3. Alignment between the implementation of approved
   yang disetujui dengan Rencana Strategi Teknologi Informasi;                Information Technology projects and the Information
                                                                              Technology Strategic Plan;
4. Kesesuaian antara pelaksanaan proyek Teknologi Informasi               4. Alignment between the implementation of Information
   dengan rencana proyek yang disepakati (project charter);                   Technology projects and the approved project plan (project
                                                                              charter);
5. Kesesuaian antara Teknologi Informasi dengan kebutuhan                 5. Alignment between Information Technology and the
   sistem informasi manajemen serta kebutuhan kegiatan                        Company’s management information system requirements
   usaha Perseroan;                                                           and business activity requirements;
6. Efektivitas langkah-langkah dalam meminimalkan risiko                  6. Effectiveness of measures to minimize risks to the
   atas investasi Perseroan pada sektor Teknologi Informasi                   Company’s investments in the Information Technology
   agar investasi Perseroan pada sektor Teknologi Informasi                   sector so that the Company’s investments in the Information
   memberikan kontribusi terhadap pencapaian tujuan                           Technology sector contribute to the achievement of the
   bisnis Perseroan;                                                          Company’s business objectives;
7. Pemantauan atas kinerja Teknologi Informasi dan upaya                  7. Monitoring of Information Technology performance and
   peningkatan kinerja Teknologi Informasi;                                   efforts to improve Information Technology performance;
8. Upaya penyelesaian berbagai masalah terkait Teknologi                  8. Efforts to resolve various issues related to Information
   Informasi yang tidak dapat diselesaikan oleh satuan kerja                  Technology that cannot be resolved effectively, efficiently,
   pengguna dan penyelenggara Teknologi Informasi secara                      and in a timely manner by the user work unit and the
   efektif, efisien, dan tepat waktu; dan                                     Information Technology provider; and
9. Kecukupan dan alokasi sumber daya yang dimiliki Perseroan.             9. The adequacy and allocation of resources owned by
                                                                              the Company.




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   Performance Highlights        Management Report             Company Profile




Sekretaris Perusahaan
Corporate Secretary




Sekretaris Perusahaan merupakan pejabat penghubung (Liaison     The Corporate Secretary is a liaison officer who plays a
Officer) yang berperan dalam membangun sistem komunikasi        role in establishing an effective communication system to
yang efektif guna menjaga hubungan yang harmonis antara         maintain harmonious relations between the Company and
Perseroan dengan para pemangku kepentingan, seperti             its stakeholders, such as shareholders, regulators, the media,
pemegang saham, regulator, media, dan masyarakat.               and the public.

Sebagai organ pendukung Direksi, Sekretaris Perusahaan          As a supporting governing body to the Board of Directors,
turut berperan dalam proses penyusunan kebijakan dan            the Corporate Secretary participates in the process of policy
perencanaan strategis, serta memastikan efektivitas dan         formulation and strategic planning, as well as ensuring the
transparansi komunikasi perusahaan, hubungan kelembagaan,       effectiveness and transparency of corporate communications,
hubungan dengan investor, dan pelaku pasar modal lainnya.       institutional relations, relations with investors, and other
Seluruh kegiatan tersebut dilaksanakan dengan menjunjung        capital market players. All of these activities are carried out by
tinggi standar etika, nilai, dan budaya perusahaan.             upholding the Company’s ethical standards, values, and culture.

Selain itu, keberadaan Sekretaris Perusahaan berperan           Moreover, the Corporate Secretary plays an essential role
penting dalam memastikan kepatuhan Perseroan terhadap           in ensuring the Company’s compliance with applicable laws
ketentuan perundang-undangan yang berlaku, serta                and regulations, as well as the orderly and accountable
terselenggaranya administrasi pengambilan keputusan secara      administration of decision-making.
tertib dan akuntabel.


Pedoman Kerja Sekretaris Perusahaan
Corporate Secretary Work Guidelines


Sekretaris Perusahaan melaksanakan fungsi, tugas, dan           The Corporate Secretary performs their functions, duties, and
tanggung jawabnya sesuai ketentuan POJK No. 35/                 responsibilities in accordance with the provisions of POJK No.
POJK.04/2014 (”POJK 35/2014”) tentang Sekretaris Perusahaan     35/POJK.04/2014 (“POJK 35/2014”) concerning Corporate
Emiten atau Perusahaan Publik, serta mengacu pada Anggaran      Secretaries of Issuers or Public Companies, as well as referring
Dasar Perseroan. Sebagai organ pendukung Direksi, Sekretaris    to the Company’s Articles of Association. As a supporting
Perusahaan bertanggung jawab langsung kepada Direksi,           governing body of the Board of Directors, the Corporate
dan pengangkatannya maupun pemberhentiannya dilakukan           Secretary is directly responsible to the Board of Directors,
melalui Keputusan Direksi atas persetujuan Dewan Komisaris.     and their appointment and dismissal are conducted through
                                                                a Board of Directors’ decree with the approval of the Board
                                                                of Commissioners.


Tugas dan Tanggung Jawab Sekretaris Perusahaan
Duties and Responsibilities of the Corporate Secretary


Pelaksanaan tugas dan tanggung jawab Sekretaris Perusahaan      The implementation of the duties and responsibilities of the
diatur dalam Pedoman Sekretaris Perusahaan yang merupakan       Corporate Secretary is regulated in the Corporate Secretary
bagian dari Pedoman Tata Kelola Perusahaan dengan               Guidelines, which are part of the Corporate Governance
perubahan terakhir ditetapkan pada 20 Desember 2017.            Guidelines, with the latest amendments made on December




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Berikut ini adalah uraian mengenai tugas dan tanggung jawab                20, 2017. The following is a description of the duties and
Sekretaris Perusahaan:                                                     responsibilities of the Corporate Secretary:
1. Sebagai penghubung atau contact person antara Perseroan,                1. Acting as a liaison or contact person between the
   Otoritas Jasa Keuangan, dan bursa efek dimana efek                         Company, the Financial Services Authority, and the stock
   Perseroan tercatat dan publik;                                             exchange where the Company’s securities are listed and
                                                                              publicly traded;
2. Memastikan dan mendokumentasikan rapat Direksi dan                      2. Ensuring and documenting Board of Directors and Board
   rapat Dewan Komisaris berjalan dengan baik dan sesuai                      of Commissioners meetings, ensuring they run smoothly
   jadwal, dan dibuatkan risalahnya dan disimpan dengan baik;                 according to schedule, preparing meeting minutes, and
                                                                              storing them properly;
3. Memastikan dan mendokumentasikan terlaksananya                          3. Ensuring and documenting the implementation of General
   Rapat Umum Pemegang Saham Perseroan dengan baik                            Meetings of Shareholders appropriately and regularly;
   dan teratur;
4. Melakukan sinergi dengan divisi-divisi terkait untuk                    4. Maintaining the synergy within related divisions for the
   sosialisasi, implementasi, monitoring, dan penelaahan                      Company’s Code of Conduct dissemination, implementation,
   pelaksanaan Code of Conduct Perseroan;                                     monitoring, and review;
5. Memberikan masukan terhadap Strategic Corporate                         5. P r o v i d i n g i n p u t o n t h e C o m p a n y ’s St r a t e g i c
   Planning Perseroan;                                                        Corporate Planning;
6. Memastikan dijalankannya administrasi, pendaftaran,                     6. Ensuring proper and timely administration, registration,
   pelaporan kepada Otoritas Jasa Keuangan dan bursa efek di                  and reporting to the Financial Services Authority and the
   mana efek Perseroan tercatat dengan baik dan tepat waktu;                  stock exchange where the Company’s securities are listed;
7. Menyiapkan dan/atau mengkomunikasikan informasi                         7. Preparing and/or communicating material information
   material dengan akurat dan lengkap kepada masyarakat,                      accurately and comprehensively to the public and the capital
   pasar modal, termasuk mengenai kinerja dan aksi korporasi                  market, including information regarding the Company’s
   (corporate action) Perseroan;                                              performance and corporate actions;
8. M e n j a l i n h u b u n g a n b a i k d e n g a n p e m a n g k u     8. Maintaining good relationships with stakeholders to build
   kepentingan untuk menumbuhkan kepercayaan yang                             broad trust in the management’s ability to run the Company
   luas atas kemampuan manajemen dalam mengelola                              and create long-term value for stakeholders;
   Perseroan dan membangun nilai jangka panjang bagi
   pemangku kepentingan;
9. Mendukung sosialisasi dan implementasi corporate                        9. Supporting the dissemination and implementation of
   philosophy, corporate value, sistem, dan budaya Perseroan;                  corporate philosophy, corporate values, systems, and
                                                                               corporate culture;
10. Mengikuti perkembangan Pasar Modal, khususnya                          10. Monitoring the developments in the capital market,
    peraturan-peraturan yang berlaku serta praktik-praktik                     particularly applicable regulations and international best
    internasional, berkaitan dengan Good Corporate                             practices related to Good Corporate Governance, and
    Governance serta memberikan masukan kepada Direksi                         providing recommendations to the Board of Directors and
    dan Dewan Komisaris mengenai ketentuan peraturan                           Board of Commissioners regarding capital market laws
    perundang-undangan di bidang Pasar Modal;                                  and regulations;
11. Melaksanakan program orientasi bagi anggota Direksi dan/               11. Conducting orientation programs for newly appointed
    atau Dewan Komisaris yang baru menjabat;                                   members of the Board of Directors and/or Board
                                                                               of Commissioners;
12. Menjaga kerahasiaan dokumen, data dan informasi yang                   12. Maintaining the confidentiality of confidential documents,
    bersifat rahasia;                                                          data, and information;
13. Memberikan masukan kepada Direksi dan Dewan Komisaris                  13. Providing recommendations to the Board of Directors and
    Perseroan untuk mematuhi ketentuan peraturan perundang-                    Board of Commissioners to comply with Capital Market
    undangan di bidang Pasar Modal;                                            laws and regulations;
14. Membantu pelaksanaan keterbukaan informasi kepada                      14. Assisting in the implementation of information disclosure to
    masyarakat, termasuk ketersediaan informasi pada situs                     the public, including ensuring the availability of information
    web Perseroan.                                                             on the Company’s website.




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   Performance Highlights          Management Report                Company Profile




Alur Pengangkatan dan Pemberhentian Sekretaris Perusahaan
Procedures for Appointing and Dismissing the Corporate Secretary

Sebagaimana diatur dalam Anggaran Dasar Perseroan,                    As stipulated in the Company’s Articles of Association, the
Sekretaris Perusahaan bertanggung jawab langsung kepada               Corporate Secretary reports directly to the President Director.
Direktur Utama. Prosedur pengangkatan dan pemberhentian               The procedure for appointing and dismissing the Corporate
Sekretaris Perusahaan mengacu pada keputusan Direksi                  Secretary refers to the Board of Directors’ Decree, with the
atas sepengetahunan dan persetujuan Dewan Komisaris.                  knowledge and approval of the Board of Commissioners. The
Sekretaris Perusahaan memiliki peran penting dalam                    Corporate Secretary plays an essential role in supporting the
mendukung pelaksanaan tugas dan tanggung jawab Direksi                duties and responsibilities of the Board of Directors and Board
dan Dewan Komisaris.                                                  of Commissioners.


Profil Sekretaris Perusahaan
Corporate Secretary Profile


Bapak Theodorus Indra Surya Putra ditunjuk sebagai Sekretaris         Mr. Theodorus Indra Surya Putra was appointed as Corporate
Perusahaan sejak tanggal 1 Juni 2021, dan pengangkatan                Secretary on June 1, 2021, and his appointment has been
tersebut telah dilaporkan kepada OJK sesuai dengan ketentuan          reported to the OJK in accordance with applicable regulations.
yang berlaku. Profil lengkap beliau adalah sebagai berikut:           His complete profile is as follows:


 Nama                          Theodorus Indra Surya Putra
 Name

 Usia                          42 tahun
 Age                           42 years old


 Kewarganegaraan               Indonesia
 Citizenship                   Indonesian

 Domisili                      Jakarta
 Domicile

 Dasar Penunjukan              Surat Keputusan Direksi No. 001/PROMO/SK-HRD/VI/2021 tentang Pengangkatan Sekretaris Perusahaan
 Basis for Appointment         tanggal 1 Juni 2021.
                               Board of Directors' Decree No. 001/PROMO/SK-HRD/VI/2021 concerning the Appointment of the
                               Corporate Secretary dated June 1, 2021.

 Riwayat Pendidikan            Sarjana Hukum dari Fakultas Hukum Universitas Padjadjaran, Bandung (2005).
 Educational History           Bachelor of Laws from Padjadjaran University, Bandung (2005).

 Sertifikasi Profesi           •    Sertifikasi Manajerial dari LSPPI (2025)
 Professional Certification    •    Sertifikasi Dasar Manajerial dari LSPPI (2022)

                               •    Managerial Certification from LSPPI (2025)
                               •    Basic Managerial Certification from LSPPI (2022)




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 Riwayat Pekerjaan              Beliau mulai bergabung dengan Astra Group sejak tahun 2007 hingga kemudian diangkat sebagai
 Career History                 Corporate Secretary, Legal dan Litigation Deputy Division Head PT Federal International Finance
                                (Perseroan) pada tahun 2020. Berkat kemampuan dan kompetensi yang dimiliki, beliau dipromosikan
                                sebagai Corporate Secretary, Legal dan Litigation Division Head pada tahun 2021. Sebelum bergabung
                                dengan Perseroan, beliau memiliki pengalaman kerja sebagai National Litigation Area Coordinator di PT
                                Astra Sedaya Finance (2007 – 2012) dan Intellectual Property Rights & Litigation Department Head pada
                                PT Astra Honda Motor (2012 – 2019).

                                He joined Astra Group in 2007 and was later appointed as the Corporate Secretary, Legal, and Litigation
                                Deputy Division Head at PT Federal International Finance (the Company) in 2020. Due to his skills and
                                competencies, he was promoted to Corporate Secretary, Legal, and Litigation Division Head in 2021.
                                Before joining the Company, he gained work experience as National Litigation Area Coordinator at PT
                                Astra Sedaya Finance (2007–2012) and as Intellectual Property Rights & Litigation Department Head at
                                PT Astra Honda Motor (2014–2019).

 Rangkap Jabatan                Tidak memiliki rangkap jabatan baik di internal maupun eksternal Perseroan.
 Concurrent Positions           Does not hold any concurrent positions, either internally or externally within the Company.

 Hubungan Afiliasi              Tidak memiliki hubungan afiliasi dengan anggota Komisaris, Direksi, dan pemegang saham.
 Affiliated Relationship        Has no affiliate relationship with members of the Board of Commissioners, members of the Board of
                                Directors, and Shareholders.


Liaison Officer


Dalam kapasitasnya sebagai Liaison Officer, Sekretaris               In his capacity as Liaison Officer, the Corporate Secretary plays
Perusahaan berperan aktif menjalin komunikasi dengan                 an active role in establishing communication with regulators and
regulator dan berbagai lembaga termasuk Otoritas Jasa                various institutions, including the Financial Services Authority
Keuangan (OJK), Asosiasi Perusahaan Pembiayaan Indonesia             (OJK), the Indonesian Financing Companies Association (APPI),
(APPI), dan Bursa Efek Indonesia (BEI).                              and the Indonesia Stock Exchange (IDX).

Sepanjang tahun 2025, Sekretaris Perusahaan telah                    Throughout 2025, the Corporate Secretary has followed up
menindaklanjuti berbagai korespondensi dari regulator dan            on various correspondence from regulators and associations,
asosiasi, serta melaporkannya kepada Direksi dan berkoordinasi       reported them to the Board of Directors, and coordinated
dengan unit kerja terkait untuk memastikan setiap permintaan         with relevant work units to make sure that every request
klarifikasi dapat dijawab secara tertulis sebagai bagian dari        for clarification can be answered in writing as part of the
komitmen terhadap transparansi dan keterbukaan informasi.            commitment to transparency and information disclosure.

Guna menjaga kredibilitas serta menghindari penyebaran               To maintain credibility and avoid the dissemination of
informasi yang tidak akurat, Sekretaris Perusahaan secara            inaccurate information, the Corporate Secretary regularly holds
rutin mengadakan berbagai kegiatan komunikasi eksternal              various external communication activities such as meetings,
seperti pertemuan, konferensi, dan roadshow dengan investor          conferences, and roadshows with investors and market analysts.
serta analis pasar. Melalui kegiatan tersebut, Perseroan terus       Through these activities, the Company continues to strive to
berupaya memperkuat hubungan dengan para pemangku                    strengthen relationships with stakeholders and deliver accurate
kepentingan dan memastikan penyampaian informasi yang                information through press releases and its official website.
tepat melalui siaran pers dan situs web resmi.


Program Pendidikan dan/atau Pengembangan Kompetensi Sekretaris Perusahaan Tahun 2025
Education and/or Competency Development Program for the Corporate Secretary in 2025


Dalam rangka mendukung efektivitas pelaksanaan fungsi                To support the effective implementation of the Corporate
Sekretaris Perusahaan, Perseroan menyelenggarakan                    Secretary’s functions, the Company organizes a series of
serangkaian kegiatan pendidikan dan/atau pengembangan                education and/or competency development activities for




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kompetensi bagi Sekretaris Perusahaan sepanjang tahun 2025,           the Corporate Secretary throughout 2025, which include
yang meliputi antara lain sebagai berikut:                            the following:


                            Jenis Pelatihan                             Tanggal                          Penyelenggara
                            Type of Training                             Date                              Organizer

 Sertifikasi Managerial                                              22 Januari 2025                          LSPPI
 Managerial Certification                                           January 22, 2025

 Webinar “ASEAN Taxonomy for Sustainable Finance                     29 April 2025                             IAP
 (Version 3”)                                                        April 29, 2025

 “ASEAN Taxonomy for Sustainable Finance (Version 3)”
 Webinar

 ACMF-ISSB Technical Training on IFRS Sustainability                 28 Mei 2025                            OJK-ICSA
 Disclosures Standards                                               May 28, 2025          Financial Services Authority (FSA)- Indonesia
                                                                                              Corporate Secretary Association (ICSA)

 Workshop “Internalizing Integrated Mindset Toward             31 Juli – 1 Agustus 2025         Indonesian Institute for Corporate
 Sustainable Long-Term Value Creation                          July 31 – August 1, 2025                Directorship (IICD)

 “Internalizing Integrated Mindset Toward Sustainable Long-
 Term Value Creation” Workshop

 The 3rd OJK International Research Forum (IRF) 2025               6 – 7 Oktober 2025                          OJK
                                                                   October 6–7, 2025            Financial Services Authority (FSA)

 Webinar “Sosialiasi Pernyataan Standar Pengungkapan               29 Oktober 2025                            IDX-IAI
 Keberlanjutan (PSPK 1 dan PSPK 2)”                                October 29, 2025

 “Dissemination of the Sustainability Disclosure Standards
 Statement (PSPK 1 and PSPK 2)” Webinar

 ACMF-ISSB Joint Technical Training Workshop dan ACMF-             4 November 2025                             OJK
 ICAEW Joint Workshop for Corporate Preparers                      November 4, 2025             Financial Services Authority (FSA)




Laporan Pelaksanaan Kegiatan Sekretaris Perusahaan Tahun 2025
Report on the Implementation of Corporate Secretary Activities in 2025


Sepanjang tahun 2025, Sekretaris Perusahaan telah                     Throughout 2025, the Corporate Secretary has conducted
melaksanakan berbagai kegiatan sesuai amanat POJK 35/2014,            various activities in accordance with POJK 35/2014, including (i)
antara lain (i) memastikan kepatuhan hukum Perseroan terhadap         ensuring the Company’s legal compliance with applicable laws
peraturan perundang-undangan yang berlaku, khususnya                  and regulations, particularly those in the Capital Market sector;
peraturan perundang-undangan di bidang Pasar Modal; (ii)              (ii) assisting the Board of Directors and Board of Commissioners
membantu Direksi dan Dewan Komisaris dalam pelaksanaan                in implementing corporate governance; and (iii) acting as a
tata kelola perusahaan; serta (iii) bertindak sebagai penghubung      liaison between the Company and its shareholders, OJK, and
antara Perseroan dengan pemegang saham, OJK dan                       other stakeholders.
pemangku kepentingan lainnya.




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Unit Audit Internal
Internal Audit Unit




Unit Audit Internal (UAI) bertugas memberikan keyakinan dan         The Internal Audit Unit (UAI) is assigned to provide independent
konsultasi secara independen dan objektif melalui pendekatan        and objective assurance and consulting services through a
sistematis guna meningkatkan efektivitas manajemen risiko,          systematic approach to improve the effectiveness of risk
pengendalian internal, serta tata kelola perusahaan. Kegiatan       management, internal control, and corporate governance.
ini bertujuan memberikan nilai tambah dan mendukung                 These activities aim to provide added value and support the
pencapaian tujuan Perseroan.                                        achievement of the Company’s objectives.

Dalam struktur organisasi Perseroan, UAI berperan sebagai           Within the Company’s organizational structure, the Internal
mitra strategis bagi Manajemen yang bertanggung jawab               Audit Unit acts as a strategic partner to Management, reporting
langsung kepada Direktur Utama, serta menjalankan peran             directly to the President Director, and performs a third line
fungsi lini ketiga dalam penerapan Sistem Pengendalian Internal     function in the implementation of the Internal Control System
berdasarkan Three Lines Model. Dalam menjalankan perannya,          based on the Three Lines Model. In carrying out its role, the
UAI secara rutin menjalin koordinasi dan komunikasi dengan          Internal Audit Unit regularly coordinates and communicates
unit kerja lainnya untuk mendorong sinergi, kolaborasi, serta       with other work units to encourage synergy and collaboration,
memastikan terciptanya nilai dan praktik yang selaras dengan        as well as the creation of values and practices that are in line
harapan pemangku kepentingan (stakeholders).                        with the expectations of stakeholders.

Seluruh aktivitas UAI dilaksanakan dengan berpedoman                All Internal Audit Unit activities are performed in accordance
pada POJK No. 56/POJK.04/2015 (“POJK 56/2015”) tentang              with POJK No. 56/POJK.04/2015 (“POJK 56/2015”) concerning
Pembentukan dan Pedoman Penyusunan Piagam Unit Audit                the Establishment and Guidelines for the Preparation of Internal
Internal, serta mengacu pada Global Internal Audit Standards        Audit Unit Charters, as well as referring to the Global Internal
(GIAS) yang dikembangkan oleh The Institute of Internal             Audit Standards (GIAS) developed by The Institute of Internal
Auditors (IIA).                                                     Auditors (IIA).


Ruang Lingkup Aktivitas Audit Internal di Perseroan
Scope of Internal Audit Activities in the Company


UAI terus berperan aktif mendukung Perseroan dalam                  The UAI continues to play an active role in supporting the
memastikan pengendalian internal berjalan secara efektif,           Company in ensuring that internal controls are effective,
efisien, dan sesuai dengan prinsip kehati-hatian. UAI               efficient, and in accordance with the principle of prudence.
melaksanakan aktivitas audit yang mencakup area kerja               The Internal Audit Unit’s audit activities cover work areas both
baik di kantor pusat maupun jaringan operasional, melalui           at the head office and operational networks, through systematic
perencanaan audit yang sistematis dan berbasis risiko. Setiap       and risk-based audit planning. Each audit activity is directed at
aktivitas audit diarahkan untuk memberikan nilai tambah             providing added value by evaluating the effectiveness of internal
dengan mengevaluasi efektivitas sistem pengendalian internal,       control systems, risk management, and the implementation of
manajemen risiko, serta penerapan tata kelola perusahaan.           corporate governance.

Dalam menghadapi dinamika industri multifinance dan                 In responding to the dynamics of the multifinance industry
perkembangan teknologi yang pesat, UAI beradaptasi melalui          and rapid technological developments, the Internal Audit Unit
penerapan Continuous Audit. Metode ini mendukung proses             adapts through the implementation of Continuous Audit. This
pengawasan secara berkelanjutan dengan memanfaatkan                 method supports a continuous monitoring process by utilizing
teknologi serta data analytics, sehingga hasil pemantauan           technology and data analytics, so that monitoring results are




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menjadi lebih cepat, akurat, dan relevan. Untuk meningkatkan         faster, more accurate, and more relevant. To improve the
efektivitas pengendalian di lapangan, Perseroan juga                 effectiveness of controls in the field, the Company has also
mengembangkan Dashboard Monitoring yang berfungsi                    developed a Monitoring Dashboard that functions to monitor
memantau area-area kunci secara terpadu dalam mendeteksi             key areas in an integrated manner in order to detect potential
potensi penyimpangan proses sedini mungkin.                          process deviations as early as possible.

Sebagai bagian dari lini ketiga dalam Three Lines Model, UAI         As part of the third line in the Three Lines Model, UAI collaborates
berkolaborasi secara erat dengan unit-unit di lini pertama dan       closely with units in the first and second lines through the
kedua melalui inisiatif Collaborative Continuous Monitoring          Collaborative Continuous Monitoring (CCM) initiative. This
(CCM). Pendekatan ini memastikan adanya komunikasi                   approach encourages solid communication and coordination
dan koordinasi yang solid dalam memitigasi risiko atas               in mitigating risks from detected process deviations and taking
penyimpangan proses yang telah terdeteksi serta pengambilan          proactive measures as part of efforts to strengthen effective
tindakan proaktif sebagai bagian dari upaya penguatan proses         governance, risk management, and internal control processes.
tata kelola, manajemen risiko dan pengendalian internal
yang efektif.


Piagam Audit Internal
Internal Audit Charter


Seluruh auditor internal Perseroan menjalankan tugas dan             All of the Company’s internal auditors conduct their duties
tanggung jawabnya dengan berpedoman pada Piagam Audit                and responsibilities in accordance with Internal Audit Charter
Internal No. 001/FIF/PAI/IAD/XII/2024 yang telah disahkan oleh       No. 001/FIF/PAI/IAD/XII/2024, which has been approved by
Direksi dan disetujui oleh Dewan Komisaris. Piagam ini disusun       the Board of Directors and the Board of Commissioners. This
sesuai ketentuan POJK 56/2015, serta mengacu pada standar            charter was prepared in accordance with POJK 56/2015 and
profesional The Institute of Internal Auditors (IIA).                refers to the professional standards of The Institute of Internal
                                                                     Auditors (IIA).

Visi dan Misi Audit Internal
Vision and Mission of Internal Audit


Visi:                                                                Vision:
Menjadi mitra strategis bagi manajemen dalam mencapai tujuan         To be management’s strategic partner in achieving company
perusahaan serta mewujudkan praktik tata kelola perusahaan           goals and realizing good corporate governance practices based
yang baik dengan berpedoman pada standar profesi yang                on generally accepted professional standards.
berlaku umum.

Misi:                                                                Mission:
1. Menjalankan kegiatan assurance serta konsultasi dalam             1. Conduct assurance and consulting activities to provide
   upaya memberikan nilai tambah serta meningkatkan                     added value and improve effectiveness and efficiency.
   efektivitas dan efisiensi secara independen.
2. Membantu perusahaan dalam upaya pencapaian                        2. Support the Company in achieving its goals through
   tujuannya dengan menggunakan pendekatan sistematis                   a systematic approach to evaluate and improve the
   untuk mengevaluasi serta meningkatkan efektivitas dari               effectiveness of risk management, control, and corporate
   aktivitas manajemen risiko, pengendalian dan tata kelola             governance activities.
   perusahaan.
3. Mendorong kesadaran organisasi untuk menjalankan                  3. Promote organizational awareness to implement internal
   pengendalian internal serta pengelolaan risiko secara efektif.       control and risk management effectively.




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Tugas, Tanggung Jawab, dan Kewenangan Unit Audit Internal
Duties, Responsibilities, and Authorities of the Internal Audit Unit

Tugas dan Tanggung Jawab                                           Duties and Responsibilities
Dalam menjalankan fungsinya, UAI memiliki tugas dan tanggung       In performing its functions, the Internal Audit Unit has the
jawab utama sebagai berikut:                                       following main duties and responsibilities:
1. Menyusun dan melaksanakan rencana Audit Internal                1. Developing and implementing an annual Internal Audit
    tahunan yang disetujui oleh Presiden Direktur, meliputi            plan approved by the President Director, such as finance,
    bidang keuangan, akuntansi, operasional, sumber daya               accounting, operations, human capital, marketing,
    manusia, pemasaran, teknologi informasi, dan aktivitas             information technology, and other relevant activities, both
    lainnya yang relevan baik di kantor pusat maupun                   at the head office and its operational network;
    jaringan operasionalnya;
2. Menguji dan mengevaluasi pelaksanaan pengendalian               2. Testing and evaluating the implementation of internal
    internal dan sistem manajemen risiko sesuai dengan                 controls and risk management systems in accordance with
    kebijakan perusahaan;                                              company policies;
3. Melakukan pemeriksaan dan penilaian atas kepatuhan,             3. Conducting examinations and assessments of compliance,
    efisiensi, dan efektivitas baik dari proses bisnis utama           efficiency, and effectiveness of both primary and supporting
    maupun proses bisnis pendukung;                                    business processes;
4. Memberikan saran perbaikan dan informasi yang objektif          4. Providing improvement suggestions and objective
    tentang kegiatan yang diperiksa pada semua tingkat                 information about the activities examined at all management
    manajemen;                                                         levels;
5. Membuat laporan hasil audit dan menyampaikan laporan            5. Preparing audit reports and submitting them to the President
    tersebut kepada Presiden Direktur dan Dewan Komisaris;             Director and Board of Commissioners;
6. Memantau, menganalisis, dan melaporkan pelaksanaan              6. Monitoring, analyzing, and reporting on the implementation
    tindak lanjut perbaikan yang telah disarankan;                     of recommended improvements;
7. Bekerja sama dengan Komite Audit;                               7. Collaborating with the Audit Committee;
8. Menyusun program untuk mengevaluasi mutu kegiatan               8. Developing programs to evaluate the quality of Internal
    (Quality Assurance) Audit Internal yang dilakukannya;              Audit activities;
9. Berkoordinasi secara internal dan eksternal dengan fungsi       9. Coordinating internally and externally with related functions
    terkait seperti: Risk dan fungsi lainnya untuk menghindari         such as Risk and other functions to avoid duplication of
    duplikasi tugas; dan                                               tasks; and
10. Melakukan pemeriksaan khusus (special assignment) atas         10. Conducting special assignments at the request of the
    permintaan Direksi, Senior Manajemen, dan atau Komite              Board of Directors, Senior Management, and/or the Audit
    Audit yang relevan dengan ruang lingkup tugas Audit                Committee that are relevant to the scope of Internal Audit
    Internal dan tidak mengganggu independensi.                        duties and do not interfere with independence.

Kewenangan                                                         Authority
Dalam menjalankan fungsi pengawasan dan konsultasinya,             In carrying out its supervisory and advisory functions, the
UAI memiliki kewenangan tertentu yang diatur dalam Piagam          Internal Audit Unit has certain authorities stipulated in the
Audit Internal guna menjamin independensi serta kelancaran         Internal Audit Charter to ensure its independence and the
pelaksanaan tugasnya, di antaranya sebagai berikut:                smooth execution of its duties, including the following:
1. Presiden Direktur memberikan wewenang kepada Audit              1. The President Director authorizes Internal Audit to access
   Internal untuk mengakses seluruh dokumen dan informasi              all documents and information relevant to the Company in
   yang relevan tentang Perseroan terkait dengan tugas dan             relation to its duties and functions;
   fungsinya;
2. Melakukan komunikasi secara langsung dengan Direksi,            2. Communicate directly and indirectly with the Board of
   Dewan Komisaris, dan/atau Komite Audit;                            Directors, Board of Commissioners, and/or Audit Committee;
3. Mengadakan rapat secara berkala dan insidentil dengan           3. Holding regular and incidental meetings with the Board of
   Direksi, Dewan Komisaris, dan/atau Komite Audit; dan               Directors, Board of Commissioners, and/or Audit Committee;
                                                                      and
4. Melakukan koordinasi kegiatannya dengan kegiatan                4. Coordinating its activities with those of the External Auditor.
   Auditor Eksternal.




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Struktur dan Kedudukan Unit Audit Internal
Structure and Position of the Internal Audit Unit

Dalam menjalankan tugas dan tanggung jawabnya, UAI                In conducting its duties and responsibilities, the Internal
bertanggung jawab langsung kepada Direktur Utama serta            Audit Unit reports directly to the President Director and has
memiliki jalur komunikasi tidak langsung (dotted line) dengan     an indirect communication line (dotted line) with the Board
Dewan Komisaris. Pengaturan mengenai hal tersebut tercantum       of Commissioners. The provisions regarding this matter are
dalam Surat Keputusan Direksi No. 002/FIFGROUP/SK-                stipulated in Board of Directors Decree No. 002/FIFGROUP/SK-
PD/I/2025 tanggal 01 Februari 2025 tentang Pengangkatan           PD/I/2025 dated February 1, 2025, concerning the Appointment
Kepala Unit Audit Internal.                                       of the Head of the Internal Audit Unit.

Berikut penjelasan lebih lanjut mengenai struktur organisasi      The following is a further explanation of the organizational
dan kedudukan UAI di dalam Perseroan:                             structure and position of the Internal Audit Unit within
                                                                  the Company:
1. UAI dipimpin oleh seorang Kepala Audit Internal;               1. The Internal Audit Unit is led by an Internal Audit Head;
2. Kepala UAI bertanggung jawab kepada Presiden Direktur;         2. The Head of the Internal Audit Unit is responsible to the
                                                                      President Director;
3. Kepala UAI diangkat dan diberhentikan oleh Presiden            3. The Head of the Internal Audit Unit is appointed and
   Direktur atas persetujuan Dewan Komisaris;                         dismissed by the President Director with the approval of
                                                                      the Board of Commissioners;
4. Presiden Direktur dapat memberhentikan Kepala UAI              4. The President Director may dismiss the Head of the Internal
   sewaktu-waktu, setelah mendapatkan persetujuan Dewan               Audit Unit at any time, after obtaining the approval of the
   Komisaris, jika Kepala UAI tidak dapat memenuhi persyaratan        Board of Commissioners, if the Head of the Internal Audit
   sebagaimana diatur dalam Piagam Audit Internal dan atau            Unit is unable to meet the requirements as stipulated in
   gagal atau tidak cakap dalam menjalankan tugas;                    the Internal Audit Charter and/or fails or is incapable of
                                                                      performing their duties;
5. Kepala UAI dan anggota Audit Internal tidak merangkap          5. The Head of Internal Audit Unit and members of Internal
   tugas dan/atau fungsi operasional perusahaan secara                Audit shall not concurrently hold operational duties and/
   langsung;                                                          or functions within the company;
6. Auditor Internal dalam organisasi UAI bertanggung jawab        6. Internal Auditors within the Internal Audit Unit organization
   secara langsung kepada Kepala UAI;                                 are directly accountable to the Head of the Internal Audit
                                                                      Unit;
7. Fungsi UAI memiliki sumber daya yang memadai; dan              7. The Internal Audit Unit function has adequate resources; and
8. Sejalan dengan Visi dan Misi UAI, organisasi Audit Internal    8. In line with the Internal Audit Unit’s Vision and Mission, the
   memiliki 4 Audit Services yaitu:                                   Internal Audit organization has 4 Audit Services, namely:
   a. Corporate Audit;                                                a. Corporate Audit;
   b. Information Technology Audit;                                   b. Information Technology Audit;
   c. Operational Network Audit; dan                                  c. Operational Network Audit; and
   d. Audit Quality Assurance & Development.                          d. Quality Assurance & Development Audit.




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Struktur organisasi UAI per 31 Desember 2025 diuraikan pada              The organizational structure of the Internal Audit Unit as of
bagan berikut ini:                                                       December 31, 2025, is outlined in the following chart:


                                                          President Director




                                                     Head of Internal Audit



                                                                                                      Audit Quality Assurance &
                                                                                                            Development




                                Oprational Audit                               Information Technology Audit




             Network Audit                                 Corporate Audit




Pada tahun 2025, UAI didukung oleh 37 personel, yang terdiri             In 2025, the Internal Audit Unit is supported by 37 personnel,
dari 1 (satu) Kepala UAI dan 36 anggota yang berperan dalam              consisting of 1 (one) Head of Internal Audit Unit and 36 members
pelaksanaan kegiatan audit Perseroan.                                    who play a role in performing the Company’s audit activities.


Pelaporan Hasil Audit
Internal Audit Report Submission


UAI melaporkan hasil pelaksanaan audit internal kepada                   The Internal Audit Unit reports the results of internal audits
Manajemen, Direksi, dan Dewan Komisaris. Setiap Laporan                  to Management, the Board of Directors, and the Board of
Hasil Audit (LHA) memuat temuan, rekomendasi, tanggapan                  Commissioners. Each Audit Report (LHA) contains findings,
manajemen, serta status tindak lanjut perbaikan. Ringkasan               recommendations, management responses, and the status
kegiatan audit disampaikan kepada Direksi, Dewan Komisaris               of follow-up improvements. A summary of audit activities is
serta Komite Audit secara berkala.                                       submitted to the Board of Directors, Board of Commissioners,
                                                                         and Audit Committee regularly.

Kualifikasi dan/atau Persyaratan Auditor Internal                        Qualifications and/or Requirements for Internal Auditors
Perseroan menetapkan standar dalam proses rekrutmen auditor              The Company sets standards in the recruitment process
internal dengan mempertimbangkan kompetensi, keahlian, dan               for internal auditors by considering relevant competencies,
pengetahuan yang relevan, serta pengalaman profesional di                expertise, and knowledge, as well as professional experience
bidang Internal Audit. Ketentuan terkait persyaratan auditor             in the field of Internal Audit. The provisions related to the
internal di Perseroan dijabarkan sebagai berikut:                        requirements for internal auditors at the Company are outlined
                                                                         as follows:
1. Memiliki integritas, dan perilaku yang profesional,                   1. Have integrity, professionalism, independence, honesty,
   independen, jujur dan objektif dalam pelaksanaan tugasnya;                and objectivity in conducting duties;
2. Memiliki pengetahuan dan pengalaman relevan mengenai                  2. Have knowledge and experience on audit techniques
   teknis audit dan disiplin ilmu lain yang relevan dengan                   and other disciplines of knowledge that are relevant to
   bidang tugasnya;                                                          their duties;




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3. Memiliki pengetahuan tentang peraturan perundangundangan        3. Know statutory regulations in the Capital Market and other
   di bidang Pasar Modal dan peraturan perundang-undangan             relevant laws and regulations;
   terkait lainnya;
4. Memiliki kecakapan untuk berinteraksi dan berkomunikasi         4. Have verbal and written skills to communicate effectively;
   baik lisan maupun tertulis secara efektif;
5. Memahami proses bisnis dan prinsip manajemen risiko.            5. U n d e r s t a n d b u s i n e s s p r o c e s s e s a n d r i s k
                                                                      management principles.

Kode Etik Auditor Internal
Internal Audit Code of Conduct

Dalam melaksanakan tugas dan tanggung jawabnya, auditor            In conducting their duties and responsibilities, internal auditors
internal wajib bekerja sesuai dengan standar etika dan             must work in accordance with ethical and professional standards
profesionalisme, serta berpegang pada prinsip-prinsip dasar        and adhere to the basic principles set out in the Professional
yang tercantum dalam Kode Etik Profesi, yaitu sebagai berikut:     Code of Conduct, namely as follows:

1. Integritas                                                      1. Integrity
   Auditor Internal harus menunjukkan loyalitas terhadap              Internal auditors must demonstrate loyalty to their
   organisasinya, tidak boleh secara sadar terlibat dalam kasus       organization, must not knowingly engage in illegal activities,
   yang melanggar hukum, dan tidak boleh menerima sesuatu             and must not accept anything in any form from auditees
   dalam bentuk apapun dari auditee dan pihak eksternal yang          and external parties that could influence their professional
   mempengaruhi pertimbangan profesionalnya.                          judgment.

2. Objektivitas                                                    2. Objectivity
   Auditor Internal dapat melihat segala sesuatunya yang              An internal auditor has the ability to objectively and
   menyangkut dengan pekerjaan audit secara obyektif dan              professionally analyze any aspect of the audit project and
   professional serta menghindari keberpihakan.                       avoid any partiality.

3. Kerahasiaan                                                     3. Confidentiality
   Auditor Internal menghargai nilai dan kepemilikan informasi        Internal Auditor respects the value and ownership of any
   yang mereka terima dan tidak memaparkan informasi                  information and does not share any information without
   tersebut tanpa persetujuan yang berwenang, kecuali apabila         authorized approval, except under legal or professional
   diwajibkan melakukan itu berdasarkan tuntutan hukum                order.
   atau profesi.

4. Kompetensi                                                      4. Competence
   Auditor internal harus senantiasa menerapkan dan                   An internal Auditor must apply and improve the
   meningkatkan pengetahuan, keahlian dan pengalaman                  knowledge, skills, and experience needed in Internal
   yang diperlukan dalam pelaksanaan Audit Internal.                  Audit implementation.


Profil Kepala Unit Audit Internal
Profile of the Head of the Internal Audit Unit



 Nama                           Rani Affiyanti Sandyarani
 Name

 Kewarganegaraan                Warga Negara Indonesia
 Citizenship                    Indonesian

 Domisili                       Jakarta
 Domicile




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 Usia                            46 tahun
 Age                             46 years old

 Dasar Pengangkatan              Surat Keputusan Direksi Nomor No. 002/FIFGROUP/SK-PD/I/2025
 Basis for Appointment           Board of Directors' Decree No. 002/FIFGROUP/SK-PD/I/2025

 Riwayat Pendidikan              •    Sarjana Teknik Industri dari Universitas Indonesia, Depok (2001)
 Education History               •    Magister Manajemen dari Universitas Indonesia, Depok (2006)

                                 •    Bachelor of Industrial Engineering from the University of Indonesia, Depok (2001)
                                 •    Master of Management from the University of Indonesia, Depok (2006)

 Sertifikasi Profesi             -
 Professional Certification

 Riwayat Pekerjaan               Beliau memulai kariernya di Perseroan sejak tahun 2002 sebagai Internal Audit Officer, kemudian
 Career History                  menjabat sebagai Kepala Departemen Internal Audit sebelum akhirnya menjalani peran sebagai Kepala
                                 Unit Audit Internal (UAI) Perseroan pada tahun 2025 hingga saat ini.
                                 She began her career at the Company in 2002 as an Internal Audit Officer, then served as Head of the
                                 Internal Audit Department before finally taking on the role of Head of the Company's Internal Audit Unit
                                 (UAI) in 2025 to the present.

 Rangkap Jabatan                 Tidak memiliki rangkap jabatan baik di internal maupun eksternal Perseroan
 Concurrent Positions            Does not hold any concurrent positions, either internally or externally within the Company.

 Hubungan Afiliasi               Tidak memiliki hubungan afiliasi dengan anggota Komisaris, Direksi, dan pemegang saham.
 Affiliated Relationship         Has no affiliations with members of the Board of Commissioners, Board of Directors, or shareholders.



Pengangkatan Ibu Rani Affiyanti Sandyarani sebagai Kepala              The appointment of Mrs. Rani Affiyanti Sandyarani as Head
UAI Perseroan telah dilaporkan ke OJK melalui Surat                    of the Company’s UAI has been reported to the OJK through
Keputusan Direksi No. 002/FIFGROUP/SK-PD/I/2025 tanggal                Board of Directors Decree No. 002/FIFGROUP/SK-PD/I/2025
01 Februari 2025.                                                      dated February 1, 2025.


Pihak yang Mengangkat dan Memberhentikan Kepala Unit Audit Internal
Appointment and Dismissal of Head of Internal Audit Unit


Kepala UAI diangkat dan diberhentikan oleh Presiden Direktur           The Head of the Internal Audit Unit is appointed and dismissed
setelah memperoleh persetujuan dari Dewan Komisaris dengan             by the President Director after obtaining approval from the Board
mempertimbangkan rekomendasi Komite Audit, serta wajib                 of Commissioners, taking into account the recommendations of
dilaporkan kepada OJK sesuai ketentuan yang berlaku.                   the Audit Committee, and must report to the OJK in accordance
                                                                       with applicable regulations.

Presiden Direktur dapat memberhentikan Kepala UAI apabila              The President Director may dismiss the Head of the Internal Audit
yang bersangkutan tidak memenuhi persyaratan untuk                     Unit if the person concerned does not meet the requirements
memimpin fungsi audit internal sebagaimana diatur dalam                to lead the internal audit function as stipulated in the applicable
peraturan yang berlaku dan/atau dinilai gagal maupun tidak             regulations and/or is deemed to have failed or is incompetent
cakap dalam melaksanakan tugas dan tanggung jawabnya.                  in carrying out their duties and responsibilities. The dismissal
Keputusan pemberhentian tersebut dilakukan setelah                     decision is made after obtaining approval from the Board of
mendapatkan persetujuan dari Dewan Komisaris dengan                    Commissioners, taking into account the recommendations of
memperhatikan rekomendasi Komite Audit.                                the Audit Committee.




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Sertifikasi Profesi Audit Internal
Internal Audit Professional Certification

UAI berkomitmen untuk terus meningkatkan kompetensi dan             UAI is committed to continuously improving the competence
memperkuat kapabilitas profesional para auditor internal melalui    and strengthening the professional capabilities of internal
berbagai program pengembangan kompetensi termasuk                   auditors through various competency development programs,
partisipasi dalam program sertifikasi di tingkat nasional maupun    including participation in certification programs at the national
internasional. Konsistensi ini mencerminkan komitmen UAI            and international levels. This consistency reflects the Internal
untuk menjaga profesionalisme serta perannya sebagai fungsi         Audit Unit’s commitment to maintaining professionalism and
pengawasan yang independen dan objektif.                            its role as an independent and objective supervisory function.

Daftar sertifikasi yang telah diperoleh personel UAI sampai         The list of certifications obtained by the Internal Audit Unit
dengan akhir tahun 2025 adalah sebagai berikut:                     personnel as of the end of 2025 is as follows:


                                Jenis Sertifikasi                                         Jumlah Auditor Internal
                              Type of Certification                                      Number of Internal Auditors

 Indonesia Internal Audit Practitioner (IIAP)                                                         1

 ISO 27001:2013                                                                                       1

 ISO 37001:2016                                                                                      2

 ISO 27001:2022                                                                                      2

 Qualified Internal Auditor (QIA) 1                                                                   1

 ISO 37001:2025                                                                                      3




Independensi dan Objektivitas Auditor Internal
Independence and Objectivity of Internal Auditors


UAI memastikan seluruh auditor internal mematuhi prinsip-           The Internal Audit Unit ensures that all internal auditors
prinsip independensi, objektivitas, dan integritas dalam setiap     adhere to the principles of independence, objectivity, and
pelaksanaan tugasnya. Setiap auditor internal menandatangani        integrity in the performance of their duties. Each internal
Pakta Integritas sebagai bentuk komitmen untuk menjalankan          auditor signs an Integrity Pact as a form of commitment to
fungsi audit secara bebas dari intervensi, benturan kepentingan,    carry out audit functions free from intervention, conflicts of
maupun tekanan dari pihak mana pun. Dengan demikian,                interest, or pressure from any party. Thus, the entire process of
seluruh proses perencanaan, pelaksanaan, hingga pelaporan           planning, implementation, and reporting of audits is performed
audit dilakukan secara mandiri sesuai dengan kode etik profesi      independently in accordance with the professional code of
dan ketentuan peraturan yang berlaku.                               conduct and applicable regulations.


Rapat Unit Audit Internal
Internal Audit Unit Meetings


Dalam rangka memastikan efektivitas pelaksanaan fungsi audit,       In terms of the effectiveness of audit functions, the Internal
UAI secara rutin mengadakan rapat koordinasi dengan Direksi         Audit Unit regularly holds coordination meetings with the Board
dan Komite Audit. Sepanjang tahun 2025, UAI telah melakukan         of Directors and the Audit Committee. Throughout 2025, the
pertemuan bulanan dengan Presiden Direktur, 8 (delapan)             Internal Audit Unit has held monthly meetings with the President
kali rapat dengan Komite Audit, serta 2 (dua) kali pertemuan        Director, 8 (eight) meetings with the Audit Committee, and 2
dengan Dewan Komisaris.                                             (two) meetings with the Board of Commissioners.




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Pelatihan dan/atau Peningkatan Kompetensi Unit Audit Internal Tahun 2025
Training and/or Competency Development of the Internal Audit Unit in 2025

UAI secara aktif berpartisipasi dalam berbagai program                The Internal Audit Unit actively participates in various education
pendidikan dan pelatihan yang relevan dengan profesi audit            and training programs relevant to the internal audit profession
internal untuk meningkatkan wawasan serta memperdalam                 to increase insight and improve internal auditors’ understanding
pemahaman auditor internal terhadap perkembangan best                 of developments in best practices and audit quality standards
practice dan standar mutu audit di industri multifinance.             in the multifinance industry.

Sepanjang tahun 2025, auditor internal Perseroan telah                Throughout 2025, the Company’s internal auditors have
mengikuti sejumlah pelatihan, seminar, dan workshop                   participated in several training sessions, seminars, and
sebagaimana tercantum berikut:                                        workshops as listed below:


            Jenis Pelatihan                    Peserta          Tanggal Pelaksanaan                           Penyelenggara
            Type of Training                  Participants       Date Implementation                            Organizer

Astra Jardines Joint Workshop (AAJW)               2              26 – 29 Mei 2025            Group Audit and Risk Advisory (GANRA) –
                                                                  May 26–29, 2025             PT Astra International Tbk

DMAIC Black Belt                                   1         12, 13, 19 & 22 Agustus 2025     Productivity & Quality Management (PQM)
                                                             August 12, 13, 19 & 22, 2025     Consultants

HC Line Management                                 1          20 – 21 November 2025           PT Federal International Finance
                                                              November 20–21, 2025

Astra Financial Audit Forum                        3              20 Oktober 2025             PT Sedaya Multi Investama
                                                                  October 20, 2025

Lead Forum I                                       3               22 April 2025              Group Audit and Risk Advisory (GANRA) –
                                                                   April 22, 2025             PT Astra International Tbk

Lead Forum II                                      4             18 November 2025             Group Audit and Risk Advisory (GANRA) –
                                                                 November 18, 2025            PT Astra International Tbk

Audit Forensik                                     1             28 – 30 April 2025           Lembaga Pengembangan Fraud Auditing
Forensic Audit                                                   April 28–30, 2025            Fraud Auditing Development Agency

Global Internal Audit Standards                    1                 12 Juni 2025             Group Audit and Risk Advisory (GANRA) –
                                                                    June 12, 2025             PT Astra International Tbk

IT Audit Gathering                                 1                20 Juni 2025              Group Audit and Risk Advisory (GANRA) –
                                                                   June 20, 2025              PT Astra International Tbk

Effective Leadership                               1           18 – 21 November 2025          Pusat Pengembangan Management
                                                               November 18–21, 2025           Management Development Center

Inovasi Asuransi untuk Keamanan Siber              1                08 Juli 2025              PT Asuransi Asei Indonesia
Insurance Innovation for Cybersecurity                              July 8, 2025

Implementasi Internal Control Over                 1              07 – 08 Mei 2025            Institute of Internal Auditors (IIA)
Financial Reporting (ICOFR)                                        May 7–8, 2025
Implementation of Internal Control Over
Financial Reporting (ICOFR)

Astra Basic Management Development                 3           25 – 29 Agustus 2025           Astra Management Development Institute
(ABMP)                                                        08 – 12 September 2025          (AMDI) – PT Astra International Tbk
                                                              22 – 26 September 2025

                                                                August 25–29, 2025
                                                               September 8–12, 2025
                                                              September 22–26, 2025




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               Jenis Pelatihan                      Peserta        Tanggal Pelaksanaan                     Penyelenggara
               Type of Training                    Participants     Date Implementation                      Organizer

 Basic Legal                                            1            18 Februari 2025         Group Audit and Risk Advisory (GANRA) –
                                                                     February 18, 2025        PT Astra International Tbk

 Basic Finance, Accounting, and Tax                     3           03 – 06 Maret 2025        Group Audit and Risk Advisory (GANRA) –
                                                                     March 3–6, 2025          PT Astra International Tbk

 Risk Assessment Technique                              2           07 & 10 Maret 2025        Group Audit and Risk Advisory (GANRA) –
                                                                    March 7 & 10, 2025        PT Astra International Tbk

 Prevention, Detection, and Investigation               2            11 – 12 Maret 2025       Group Audit and Risk Advisory (GANRA) –
 for Operational Units                                               March 11–12, 2025        PT Astra International Tbk

 IT Auditing & Cybersecurity                            1             20 Maret 2025           Group Audit and Risk Advisory (GANRA) –
                                                                      March 20, 2025          PT Astra International Tbk

 Personal Data Protection                               2           09 – 10 April 2025        Group Audit and Risk Advisory (GANRA) –
                                                                     April 9–10, 2025         PT Astra International Tbk

 Environmental, Social, and Governance                  3            07 – 08 Juli 2025        Group Audit and Risk Advisory (GANRA) –
 Audit                                                                July 7–8, 2025          PT Astra International Tbk

 Artificial Intelligence (AI), Digital Tools,           1         29 – 30 September 2025      Group Audit and Risk Advisory (GANRA) –
 and Ethics in AI for IARM                                        September 29–30, 2025       PT Astra International Tbk

 Governance, Risk, and Compliance                       3          30 – 31 Oktober 2025       Group Audit and Risk Advisory (GANRA) –
                                                                   October 30–31, 2025        PT Astra International Tbk

 Business Process Mapping                               5           03 November 2025          Group Audit and Risk Advisory (GANRA) –
                                                                    November 3, 2025          PT Astra International Tbk

 Enterprise Risk Management                             2         17 – 18 November 2025       Group Audit and Risk Advisory (GANRA) –
                                                                  November 17–18, 2025        PT Astra International Tbk

 Professional Skepticism & Ethics                       3           02 Desember 2025          Group Audit and Risk Advisory (GANRA) –
                                                                    December 2, 2025          PT Astra International Tbk

 Commercial Law                                         7           03 Desember 2025          Group Audit and Risk Advisory (GANRA) –
                                                                    December 3, 2025          PT Astra International Tbk




Laporan Realisasi Pelaksanaan Audit dan Konsultasi Satuan Internal Audit Tahun 2025
Report on the Implementation of Internal Audit and Internal Audit Unit Consultation
for the Year 2025

Sepanjang tahun 2025, UAI telah mengimplementasikan                      Throughout 2025, the Internal Audit Unit (UAI) has implemented
sebanyak 100% dari penugasan audit yang direncanakan                     100% of the audit assignments planned at the beginning of the
pada awal tahun. Seluruh hasil audit dan kegiatan konsultasi             year. All audit results and consulting activities were presented
disampaikan dalam bentuk LHA yang dilaporkan kepada                      in the form of an Audit Implementation Report (LHA) submitted
Presiden Direktur, Dewan Komisaris, Komite Audit, serta                  to the President Director, Board of Commissioners, Audit
pihak-pihak terkait.                                                     Committee, and related parties.




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Audit Eksternal
External Audit




Mekanisme Penunjukan Kantor Akuntan Publik (KAP)
Public Accounting Firm (KAP) Appointment Mechanism

Penunjukan Kantor Akuntan Publik (KAP) oleh Perseroan               The appointment of a Public Accounting Firm (KAP) by the
dilaksanakan dengan mengacu pada ketentuan POJK No. 9               Company is conducted with reference to the provisions of
Tahun 2023 tentang Penggunaan Jasa Akuntan Publik dan               POJK No. 9 of 2023 concerning the Use of Public Accountant
Kantor Akuntan Publik dalam Kegiatan Jasa Keuangan.                 Services and Public Accounting Firms in Financial Services
Berdasarkan ketentuan tersebut, KAP yang akan melakukan             Activities. Based on these provisions, the KAP that will audit the
audit terhadap laporan keuangan tahunan Perseroan harus             Company’s annual financial statements must obtain the approval
memperoleh persetujuan Rapat Umum Pemegang Saham                    of the General Meeting of Shareholders (GMS) by considering
(RUPS) dengan mempertimbangkan rekomendasi Dewan                    the recommendations of the Board of Commissioners compiled
Komisaris yang disusun berdasarkan hasil evaluasi Komite Audit.     based on the results of the Audit Committee’s evaluation.

Dalam proses seleksi, Komite Audit melakukan evaluasi terhadap      In the selection process, the Audit Committee evaluates
calon KAP dan Akuntan Publik dengan mempertimbangkan                prospective Public Accounting Firms and Public Accountants
berbagai aspek, seperti independensi, kompetensi,                   by considering various aspects, such as independence,
pengalaman, reputasi, serta kepatuhan terhadap ketentuan            competence, experience, reputation, and compliance with
rotasi KAP yang berlaku. Selain itu, Komite Audit juga bertugas     applicable Public Accounting Firm rotation provisions.
memberikan rekomendasi tertulis kepada Dewan Komisaris              The Audit Committee is also tasked with providing written
terkait penunjukan maupun penggantian KAP, termasuk menilai         recommendations to the Board of Commissioners regarding
kinerja KAP yang telah ditunjuk sebelumnya. Evaluasi tersebut       the appointment or replacement of Public Accounting Firms,
mencakup kualitas hasil audit, ruang lingkup jasa, kewajaran        including assessing the performance of previously appointed
honorarium, serta kecukupan sumber daya yang dimiliki untuk         Public Accounting Firms. The evaluation covers the quality of
menjamin pelaksanaan audit secara efektif dan profesional.          audit results, scope of services, reasonableness of honoraria/
                                                                    bonuses, and adequacy of resources to ensure effective and
                                                                    professional audit implementation.

Selanjutnya, Dewan Komisaris menelaah rekomendasi Komite            Furthermore, the Board of Commissioners reviews the
Audit dan menyampaikannya kepada Direksi untuk diajukan             Audit Committee’s recommendations and submits them
dalam RUPS. Dewan Komisaris memastikan bahwa seluruh                to the Board of Directors to be presented at the GMS. The
proses penunjukan KAP dilakukan secara objektif, independen,        Board of Commissioners confirms that the entire process of
dan sesuai dengan ketentuan peraturan perundang-undangan,           appointing the Public Accounting Firm is carried out objectively,
termasuk regulasi yang dikeluarkan oleh OJK.                        independently, and in accordance with the provisions of laws
                                                                    and regulations, including regulations issued by the FSA.

Pelaksanaan audit eksternal oleh KAP bertujuan untuk                The external audit conducted by the Public Accounting Firm
memberikan keyakinan bahwa laporan keuangan Perseroan               aims to provide assurance that the Company’s financial
telah disusun sesuai dengan Standar Akuntansi Keuangan (SAK)        statements have been prepared in accordance with the
yang berlaku di Indonesia. Auditor eksternal bertanggung jawab      Financial Accounting Standards (SAK) applicable in Indonesia.
menyampaikan opini mengenai kewajaran penyajian laporan             The external auditor is responsible for expressing an opinion
keuangan dalam semua hal yang material, mencakup posisi             on the fairness of the presentation of the financial statements in
keuangan, hasil usaha, dan arus kas Perseroan. Sementara            all material respects, covering the Company’s financial position,
itu, Manajemen Perseroan tetap memegang tanggung jawab              results of operations, and cash flows. Meanwhile, the Company’s
penuh atas penyusunan laporan keuangan serta memastikan             Management remains fully responsible for the preparation




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kepatuhan terhadap SAK sebagaimana ditetapkan oleh Ikatan          of financial statements and ensuring compliance with SAK
Akuntan Indonesia (IAI) dan OJK.                                   as stipulated by the Indonesian Institute of Accountants (IAI)
                                                                   and FSA.


Komunikasi Komite Audit dan Auditor Eksternal
Communication between the Audit Committee and External Auditors


Selama pelaksanaan audit eksternal berlangsung, Komite             During the external audit, the Audit Committee actively
Audit aktif melakukan koordinasi dengan Akuntan Publik serta       coordinates with the Public Accountant and performs a
menjalankan peran pengawasan untuk memastikan kegiatan             supervisory role allowing the audit activities to be in accordance
audit sudah dilaksanakan sesuai Standar Profesional Akuntan        with the Public Accountant Professional Standards (SPAP) and
Publik (SPAP) dan ruang lingkup yang telah disepakati, sehingga    the agreed scope, so that the audit process can be completed
proses audit dapat diselesaikan tepat waktu. Perseroan             on time. The Company supports this process by providing
mendukung proses ini dengan memberikan akses memadai               adequate access to external auditors to relevant documents,
kepada auditor eksternal terhadap dokumen, catatan, dan            records, and information.
informasi yang relevan.

Dalam rangka pelaksanaan fungsi monitoring, Komite Audit           To perform its monitoring function, the Audit Committee
secara berkala melakukan diskusi dengan auditor eksternal          regularly discusses key findings and significant issues with
mengenai temuan-temuan utama dan isu signifikan. Inisiatif ini     the external auditors. This initiative is done to minimize
dilakukan untuk meminimalisir potensi risiko serta memastikan      potential risks and ensure that the corrective measures taken
bahwa langkah-langkah perbaikan yang dilakukan Manajemen           by Management are in line with the Company’s internal policies
selaras dengan kebijakan internal Perseroan dan ketentuan          and applicable regulations.
peraturan yang berlaku.

Seluruh temuan yang diperoleh dari audit eksternal disampaikan     All findings obtained from external audits are conveyed through
melalui management letter kepada Direksi, dan tindak lanjut        a management letter to the Board of Directors, and follow-up on
atas rekomendasi tersebut dibahas bersama Komite Audit untuk       these recommendations is discussed with the Audit Committee
memastikan penerapan yang tepat dan efektif.                       to ensure proper and effective implementation.


Daftar Kantor Akuntan Publik dan Akuntan Publik Selama Lima Tahun Terakhir
List of Public Accounting Firms and Public Accountants for the Past Five Years

Berdasarkan keputusan RUPS Tahunan tanggal 21 April                Based on the decision of the Annual GMS on April 21, 2025, the
2025, para pemegang saham menyetujui penunjukan KAP                shareholders approved the appointment of Public Accounting
Rintis, Jumadi, Rianto & Rekan (anggota jaringan global            Firm Rintis, Jumadi, Rianto & Partners (a member of the
PricewaterhouseCoopers) sebagai auditor eksternal Perseroan        PricewaterhouseCoopers global network) as the Company’s
untuk melakukan pemeriksaan atas Laporan Keuangan Tahunan          external auditor to audit the Annual Financial Statements ending
yang berakhir pada 31 Desember 2025.                               on December 31, 2025.

Berikut adalah daftar Auditor Eksternal Perseroan selama 5         The following is the list of the Company’s External Auditors for
(lima) tahun terakhir:                                             the past five (5) years:




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                                                                         Ruang
                                                                      Lingkup Jasa                        Jasa Non-Audit
  Tahun                                           Nama Akuntan
              Nama Kantor Akuntan Publik                               Audit yang                         yang Diberikan
  Buku                                               Publik                              Opini Audit                                 Biaya
                       Name of                                          Diberikan                           Non-Audit
  Fiscal                                          Name of Public                        Audit Opinion                                Fees
                Public Accounting Firm                                  Scope of                             Services
   Year                                            Accountant
                                                                      Audit Services                         Provided
                                                                        Provided

 2025        Rintis, Jumadi, Rianto &            Hendra Setiadi,     Jasa Audit        Wajar dalam               Ada           Rp2.709.832.481
             Rekan (firma anggota jaringan       CPA                 Laporan           semua hal                 Yes
             global PwC)                                             Keuangan          yang material
             Rintis, Jumadi, Rianto &                                Tahunan           Fair in all
             Partners (a member firm of the                          Annual            material
             PwC global network)                                     Financial         respects
                                                                     Statement
                                                                     Audit Services

 2024        Rintis, Jumadi, Rianto & Rekan*     Drs. M. Jusuf       Jasa Audit        Wajar dalam               Ada           Rp2.319.933.805
             (anggota PwC Global)                Wibisana, M.Ec.,    Laporan           semua hal                 Yes
             Rintis, Jumadi, Rianto              CPA                 Keuangan          yang material
             & Partners* (member of                                  Tahunan           Fair in
             PwC Global)                                             Annual            all material
                                                                     Financial         respects
                                                                     Statement
                                                                     Audit Services

 2023        Tanudiredja, Wibisana, Rintis &     Drs. M. Jusuf       Jasa Audit        Wajar dalam               Ada           Rp2.127.386.083
             Rekan (anggota PwC Global)          Wibisana, M.Ec.,    Laporan           semua hal                 Yes
             Tanudiredja, Wibisana,              CPA                 Keuangan          yang material
             Rintis & Partners (member of                            Tahunan           Fair in all
             PwC Global)                                             Annual            material
                                                                     Financial         respects
                                                                     Statement
                                                                     Audit Services

 2022        Tanudiredja, Wibisana, Rintis &     Lucy Luciana        Jasa Audit        Wajar dalam             Tidak Ada       Rp2.150.727.725
             Rekan (anggota PwC Global)          Suhenda, S.E.       Laporan           semua hal                  No
             Tanudiredja, Wibisana,              Ak., CPA            Keuangan          yang material
             Rintis & Partners (member of                            Tahunan           Fair in all
             PwC Global)                                             Annual            material
                                                                     Financial         respects
                                                                     Statement
                                                                     Audit Services

 2021        Tanudiredja, Wibisana, Rintis &     Lucy Luciana        Jasa Audit        Wajar dalam             Tidak Ada       Rp1.896.555.000
             Rekan (anggota PwC Global)          Suhenda, S.E.       Laporan           semua hal                  No
             Tanudiredja, Wibisana,              Ak., CPA            Keuangan          yang material
             Rintis & Partners (member of                            Tahunan           Fair in all
             PwC Global)                                             Annual            material
                                                                     Financial         respects
                                                                     Statement
                                                                     Audit Services


* Per 27 Mei 2024 KAP Tanudiredja, Wibisana, Rintis & Rekan mengalami perubahan nama menjadi Rintis, Jumadi, Rianto & Rekan.
* As of May 27, 2024, KAP Tanudiredja, Wibisana, Rintis & Partners changed its name to Rintis, Jumadi, Rianto & Partners.




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Sistem Pengendalian Internal (SPI)
Internal Control System (SPI)




Perseroan secara konsisten menerapkan Sistem Pengendalian          The Company consistently implements an Internal Control
Internal (SPI) sebagai mekanisme pengawasan yang berjalan          System (SPI) as a continuous monitoring mechanism involving
secara berkesinambungan dengan melibatkan seluruh unsur            all elements of the organization, from the Board of Directors and
organisasi, mulai dari jajaran Direksi dan Dewan Komisaris         Board of Commissioners to all employees at every operational
hingga seluruh karyawan di setiap jenjang operasional. Untuk       level. To have reliability and effectiveness of internal control, the
menjamin keandalan dan efektivitas pengendalian internal, SPI      Internal Control System is designed comprehensively, taking
dirancang secara komprehensif, dengan mempertimbangkan             into account the scale, characteristics, and complexity of the
skala bisnis, karakteristik, serta kompleksitas usaha Perseroan    Company’s business in the field of financing.
di bidang pembiayaan.

Implementasi SPI di Perseroan tidak terbatas pada lingkup          The implementation of the Internal Control System in the
kantor pusat semata, tetapi juga terintegrasi hingga ke seluruh    Company is not limited to the head office, but is also integrated
jaringan cabang, termasuk diterapkan pada setiap proses bisnis.    throughout the entire branch network, including its application
Hal ini memungkinkan Manajemen memperoleh informasi                in every business process. This allows Management to obtain
yang akurat dan terintegrasi terkait penyimpangan atau             accurate and integrated information regarding irregularities
permasalahan yang terjadi di lapangan. Dengan demikian,            or problems that occur. Thus, the relevant work units and
unit kerja terkait serta UAI dapat segera mengambil langkah        Internal Audit Unit can immediately take corrective measures
korektif untuk memitigasi risiko yang dapat memengaruhi            to mitigate risks that could affect the Company’s objectives
tujuan dan keberlangsungan usaha Perseroan.                        and business continuity.

Seiring dengan perkembangan praktik terbaik pengendalian           In line with the development of best practices in internal
internal, Perseroan terus menyempurnakan implementasi SPI di       control, the Company continues to improve the implementation
seluruh tingkatan fungsional, sehingga memberikan keyakinan        of SPI at all functional levels, thereby providing assurance
kepada para pemangku kepentingan bahwa seluruh sumber              to stakeholders that all resources are managed optimally
daya dikelola secara optimal untuk mendukung pencapaian            to support the achievement of the company’s objectives.
tujuan perusahaan. Penguatan pengendalian internal juga            Strengthening internal control also helps Management improve
membantu Manajemen meningkatkan efektivitas dan efisiensi          operational effectiveness and efficiency, maintain the reliability
operasional, menjaga keandalan pelaporan keuangan,                 of financial reporting, secure assets, and ensure compliance
mengamankan aset, dan memastikan kepatuhan terhadap                with applicable regulations.
peraturan yang berlaku.


Kesesuaian Sistem Pengendalian Internal dengan COSO Internal Control Framework
Compliance of the Internal Control System with the COSO Internal Control Framework

Kerangka Sistem Pengendalian Internal Perseroan                    The Company’s Internal Control System framework was
dikembangkan sesuai dengan regulasi yang berlaku di Indonesia      developed in accordance with applicable regulations in
sekaligus mengacu pada standar internasional, yaitu COSO           Indonesia while also referring to international standards, namely
(Committee of Sponsoring Organizations of the Treadway             COSO (Committee of Sponsoring Organizations of the Treadway
Commission) – Internal Control Integrated Framework.               Commission) – Internal Control Integrated Framework.

Dalam rangka mengevaluasi efektivitas penerapan SPI,               In order to evaluate the effectiveness of the implementation
Perseroan menggunakan 5 (lima) komponen utama sesuai               of the SPI, the Company uses 5 (five) main components in
standar COSO yang menjadi parameter untuk memastikan               accordance with COSO standards, which are parameters
pengendalian internal berjalan secara menyeluruh dan               to ensure that internal control works comprehensively and




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efektif. Kerangka SPI ini juga ditinjau secara berkala untuk           effectively. This SPI framework is also reviewed periodically
menyesuaikan dengan perkembangan bisnis, risiko yang                   to adjust to business developments, emerging risks, and
muncul, serta praktik terbaik internasional, sehingga selalu           international best practices, so that it is always relevant and can
relevan dan dapat mendukung pencapaian tujuan Perseroan                support the Company’s optimal achievement of its objectives.
secara optimal.

Dalam penerapannya, Perseroan menyesuaikan lima komponen               In its implementation, the Company adapts the five main
utama COSO dengan karakteristik operasional dan kompleksitas           components of COSO to the operational characteristics and
bisnis pembiayaan, sehingga masing-masing komponen                     complexity of the financing business, so that each component
dapat dijalankan secara efektif, saling terintegrasi, dan              can be implemented effectively, integrated with one another,
secara menyeluruh mendukung sistem pengendalian internal               and comprehensively support the Company’s internal control
Perseroan. Penjelasan lebih rinci mengenai implementasi setiap         system. A more detailed explanation of the implementation of
komponen adalah sebagai berikut:                                       each component is as follows:
1. Lingkungan Pengendalian                                             1. Control Environment
   Komponen ini mencakup nilai etis dan kompetensi Dewan                   This component covers the ethical values and competencies
   Komisaris, Direksi, serta seluruh karyawan, filosofi dan gaya           of the Board of Commissioners, Board of Directors, and
   kepemimpinan Manajemen dalam menjunjung integritas,                     all employees, the philosophy and leadership style
   serta pengorganisasian dan pengembangan SDM. Dewan                      of Management in upholding integrity, as well as the
   Komisaris berperan aktif dalam mengawasi pelaksanaan                    organization and development of human capital. The Board
   pengendalian internal oleh UAI dan auditor eksternal,                   of Commissioners plays an active role in supervising the
   serta memastikan tindak lanjut perbaikan atas temuan dan                implementation of internal control by Internal Audit Unit
   permasalahan Perseroan dilakukan secara tepat dan efektif.              and external auditors, as well as ensuring that follow-up
                                                                           actions on the Company’s findings and issues are conducted
                                                                           appropriately and effectively.

2. Manajemen Risiko                                                    2. Risk Management
   Komponen ini meliputi serangkaian proses mulai dari                    This component includes a series of processes ranging from
   identifikasi, penilaian, analisis, evaluasi, hingga penanganan,        identification, assessment, analysis, evaluation, to handling,
   pelaporan, pengawasan, serta penyampaian informasi                     reporting, monitoring, and dissemination of information
   terkait risiko. Pelaksanaan manajemen risiko ini bertujuan             related to risk. The implementation of risk management
   memberikan keyakinan bahwa seluruh risiko utama yang                   aims to provide assurance that all major risks affecting the
   berpengaruh terhadap bisnis dan operasional Perseroan                  Company’s business and operations have been managed
   telah dikelola secara efektif sesuai dengan batasan dan                effectively in accordance with the risk appetite and risk
   toleransi risiko (risk appetite and risk tolerance) yang telah         tolerance set by Management.
   ditetapkan oleh Manajemen.

3. Aktivitas Pengendalian                                              3. Control Activities
   Komponen ini mencakup pengembangan kebijakan dan                       This component includes the development of policies
   prosedur sebagai implementasi pengendalian internal                    and procedures as an implementation of internal controls
   untuk mendukung efektivitas manajemen risiko dan tata                  to support the effectiveness of the Company’s risk
   kelola Perseroan dalam mencapai sasaran yang ditetapkan                management and governance in achieving the objectives
   Manajemen. Aktivitas ini diterapkan di seluruh tingkatan               set by Management. These activities are applied at all levels
   organisasi dan meliputi kewenangan, otorisasi, verifikasi              of the organization and include authority, authorization,
   dan rekonsiliasi, penilaian kinerja, pembagian tugas, serta            verification and reconciliation, performance assessment,
   pengamanan aset Perseroan.                                             division of duties, and security of the Company’s assets.

4. Sistem Informasi dan Komunikasi                                     4. Information and Communication Systems
   Komponen ini mencakup upaya Perseroan dalam                            This component includes the Company’s efforts to establish
   membangun jalur komunikasi yang efektif sehingga                       effective communication channels that enable the rapid
   memungkinkan distribusi infor masi secara cepat dan                    and accurate distribution of information to support the
   akurat untuk mendukung pemahaman dan pelaksanaan                       understanding and implementation of internal controls. This
   pengendalian internal. Sistem ini melibatkan Dewan                     system involves the Board of Commissioners, Management,
   Komisaris, Manajemen, dan seluruh karyawan di unit terkait,            and all employees in the relevant units, so that processes
   sehingga proses dan tanggung jawab dapat dijalankan                    and responsibilities can be carried out optimally.
   secara optimal.


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   Performance Highlights         Management Report              Company Profile




5. Monitoring                                                     5. Monitoring
   Komponen ini mencakup penilaian terhadap kualitas Sistem          This component includes an assessment of the quality of
   Pengendalian Internal (SPI) di seluruh aktivitas Perseroan,       the Internal Control System (SPI) in all of the Company’s
   termasuk pengawasan independen oleh UAI, sehingga                 activities, including independent supervision by the Internal
   pemantauan dapat dilakukan secara efektif dan efisien.            Audit Unit so that monitoring was done effectively and
   Temuan terkait kualitas atau ketidakefektifan pengendalian        efficiently. Findings related to the quality or ineffectiveness
   internal dilaporkan secara berjenjang kepada Direksi dan          of internal controls are reported in stages to the Board of
   Dewan Komisaris, dengan tembusan kepada Komite Audit.             Directors and Board of Commissioners, with copies sent
                                                                     to the Audit Committee.

Dalam rangka memastikan efektivitas SPI yang mengacu pada         To make sure the effectiveness of the ICS in accordance with
framework COSO, Perseroan menitikberatkan perhatian pada          the COSO framework, the Company focuses on the following
beberapa aspek utama berikut:                                     key aspects:
1. Perseroan melaksanakan sistem pengendalian internal            1. The Company implements an effective internal control
   secara efektif dalam penerapan Manajemen Risiko                    system in the application of the Company’s Risk Management
   Perseroan dengan mengacu pada kebijakan dan prosedur               by referring to established policies and procedures;
   yang telah ditetapkan;
2. Sistem pengendalian internal dalam penerapan Manajemen         2. The internal control system in the implementation of Risk
   Risiko paling sedikit mencakup:                                   Management shall at least include:
   a. Kesesuaian antara sistem pengendalian internal dengan          a. The alignment of the internal control system with
       jenis dan tingkat risiko yang melekat pada kegiatan              the type and level of risk inherent in the Company’s
       usaha Perseroan;                                                 business activities;
   b. Penetapan wewenang dan tanggung jawab untuk                    b. The establishment of authority and responsibility for
       pemantauan kepatuhan kebijakan, prosedur, dan                    monitoring compliance with policies, procedures, and
       limit risiko;                                                    risk limits;
   c. Penetapan jalur pelaporan dan pemisahan fungsi yang            c. Establishment of reporting lines and clear separation
       jelas dari satuan kerja operasional kepada kerja yang            of functions from operational work units to those
       melaksanakan fungsi pengendalian internal;                       performing internal control functions;
   d. Struktur organisasi yang menggambarkan secara jelas            d. An organizational structure that clearly describes
       tugas dan tanggung jawab masing-masing satuan kerja              the tasks and responsibilities of each work unit and
       dan individu;                                                    individual;
   e. Pelaporan keuangan dan kegiatan operasional yang               e. Accurate and timely financial and operational reporting;
       akurat dan tepat waktu;
   f. Kecukupan prosedur untuk memastikan kepatuhan                   f.   Adequate procedures to ensure the Company’s
       Perseroan terhadap ketentuan dan perundangundangan                  compliance with applicable regulations and legislation;
       yang berlaku;
   g. Kaji ulang yang efektif, independen, dan objektif               g. Effective, independent, and objective review of the
       terhadap kebijakan, kerangka dan prosedur operasional             Company’s policies, frameworks, and operational
       Perseroan;                                                        procedures;
   h. Pengujian dan kaji ulang yang memadai terhadap sistem           h. Adequate testing and review of the management
       informasi manajemen;                                              information system;
   i. Dokumentasi secara lengkap dan memadai terhadap                 i. Complete and adequate documentation of the
       cakupan, prosedur operasional, temuan audit, serta                scope, operational procedures, audit findings, and
       tanggapan pengurus Perseroan berdasarkan hasil audit;             the Company’s management response based on the
                                                                         audit results;
   j.   Verifikasi dan kaji ulang secara berkala dan                  j. Regular and continuous verification and review of the
        berkesinambungan terhadap penanganan kelemahan                   handling of material weaknesses in the Company and
        Perseroan yang bersifat material dan tindakan                    the actions taken by the Company’s management to
        pengurus Perseroan untuk memperbaiki penyimpangan                correct any irregularities.
        yang terjadi.




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Aktivitas pengkajian ulang terhadap Sistem Pengendalian               The review of the Company’s Internal Control System is
Internal Perseroan dilakukan oleh pihak independen dan                conducted by an independent party and includes:
mencakup, antara lain, hal-hal berikut:
1. Keandalan kerangka Manajemen Risiko, yang mencakup                 1. The reliability of the Risk Management framework, which
    kebijakan, struktur organisasi, alokasi sumber daya, desain          includes policies, organizational structure, resource
    proses Manajemen Risiko, sistem informasi, dan pelaporan             allocation, risk management process design, information
    Risiko Perseroan;                                                    systems, and the Company’s risk reporting;
2. Penerapan Manajemen Risiko oleh satuan kerja bisnis                2. The implementation of Risk Management by the Company’s
    Perseroan/aktivitas pendukung, termasuk kaji ulang                   business units/supporting activities, including a review of
    terhadap pelaksanaan pemantauan oleh satuan kerja yang               the monitoring by the units performing Risk Management
    melakukan fungsi Manajemen Risiko.                                   functions.


Pengendalian Keuangan
Financial Control

Perseroan memiliki komitmen untuk menyajikan informasi                The Company is committed to presenting financial information
keuangan yang sesuai dengan regulasi yang berlaku kepada              that complies with applicable regulations to stakeholders. As
para pemangku kepentingan. Untuk itu, Perseroan senantiasa            a result, the Company always ensures that there are internal
memastikan bahwa terdapat pengendalian internal terhadap              controls over financial management activities.
aktivitas pengelolaan keuangan.


Pengendalian Operasional
Operational Control

Perseroan menerapkan pengendalian internal pada aspek                 The Company implements internal controls over operations
operasional untuk memastikan seluruh aktivitas bisnis, baik           to manage all business activities, both at the head office
di kantor pusat maupun cabang, dijalankan sesuai dengan               and branches, are carried out in accordance with internal
kebijakan dan prosedur internal serta mematuhi peraturan dan          policies and procedures and comply with applicable rules and
regulasi yang berlaku. Kebijakan dan prosedur operasional             regulations. Operational policies and procedures are updated
secara berkala diperbarui agar selalu mencerminkan praktik            regularly to reflect current and effective business practices.
bisnis yang aktual dan efektif.

Selain menjaga kepatuhan, pengendalian operasional juga               Besides maintaining compliance, operational controls also cover
mencakup manajemen risiko terkait peluncuran produk dan               risk management related to the launch of new products and
layanan baru, dengan memastikan setiap potensi risiko telah           services, ensuring that every potential risk has been identified,
diidentifikasi, dinilai, dan ditetapkan rencana mitigasinya untuk     assessed, and a mitigation plan has been established to
meminimalkan dampak negatif bagi Perseroan maupun debitur.            minimize the negative impact on the Company and its debtors.

Untuk mendukung kelangsungan operasional, Perseroan juga              To support operational continuity, the Company also implements
mengimplementasikan Business Continuity Plan (BCP), yang              a Business Continuity Plan (BCP), which serves as the foundation
menjadi landasan dalam menjaga stabilitas dan keamanan                for maintaining the stability and security of operational activities,
kegiatan operasional, sehingga Perseroan dapat tetap                  so that the Company can continue to operate its business in a
menjalankan bisnis secara sehat dan efisien, bahkan dalam             healthy and efficient manner, even during disruptions or crises.
kondisi gangguan atau krisis.




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   Performance Highlights         Management Report              Company Profile




Kepatuhan terhadap Perundang-Undangan
Compliance with Laws and Regulations

Dalam rangka mengurangi risiko hukum dan risiko kepatuhan,        In order to reduce legal and compliance risks, the Company
Perseroan secara proaktif mengikuti perkembangan terkini          proactively follows the latest developments in legislation,
atas peraturan perundang-undangan, khususnya regulasi             particularly regulations relevant to the Company’s financing
yang relevan dengan kegiatan usaha Perseroan di bidang            activities. The Company ensures that all policies, procedures,
pembiayaan. Perseroan memastikan seluruh kebijakan,               and operational activities are in line with applicable regulations,
prosedur, dan aktivitas operasional telah diselaraskan dengan     including regulations from the Financial Services Authority and
ketentuan yang berlaku, termasuk peraturan Otoritas Jasa          other relevant laws and regulations.
Keuangan dan peraturan perundang-undangan terkait lainnya.


Evaluasi atas Efektivitas Pengawasan dan Pengendalian Internal Tahun 2025
Evaluation of the Effectiveness of Internal Supervision and Control in 2025

Sepanjang tahun 2025, Perseroan secara konsisten melakukan        Throughout 2025, the Company consistently evaluated the
evaluasi efektivitas pengawasan dan pengendalian internal di      effectiveness of internal supervision and control across all
seluruh lini operasional, baik di kantor pusat maupun cabang.     lines of operations, both at the head office and branches. The
Proses evaluasi terhadap kualitas sistem pengendalian internal    evaluation process of the quality of the internal control system
dilakukan melalui penerapan siklus PDCA pada setiap aktivitas     was conducted through the application of the PDCA cycle in
perusahaan, termasuk pengawasan secara independen oleh            every company activity, including independent supervision
fungsi Internal Audit, sehingga dapat disimpulkan bahwa           by the Internal Audit function, so that the implementation of
implementasi sistem pengendalian internal telah dilaksanakan      the internal control system has been carried out effectively
secara efektif dan efisien.                                       and efficiently.


Pernyataan Dewan Komisaris dan/atau Komite Audit atas Kecukupan Sistem Pengendalian
Internal
Statement of the Board of Commissioners and/or Audit Committee on the Adequacy of the
Internal Control System


Dewan Komisaris dan/atau Komite Audit menyatakan bahwa            The Board of Commissioners and/or Audit Committee states
kerangka SPI yang diterapkan Perseroan telah berjalan             that the internal control system framework implemented by the
memadai, memenuhi standar minimum untuk menjamin                  Company has been adequate, meeting the minimum standards
efektivitas, efisiensi, keandalan, keamanan, serta kepatuhan      to obtain effectiveness, efficiency, reliability, security, and
terhadap peraturan yang berlaku. Kecukupan desain dan             compliance with applicable regulations. The adequacy of the
elemen SPI ini tercermin dari Laporan Hasil Audit (LHA)           design and elements of the internal control system is reflected
yang disampaikan oleh UAI kepada Direksi dan Dewan                in the Audit Report (LHA) submitted by Internal Audit Unit to the
Komisaris, yang tidak menemukan adanya penyimpangan               Board of Directors and Board of Commissioners, which found
atau kelemahan signifikan.                                        no significant deviations or weaknesses.

Hal ini menunjukkan bahwa seluruh jajaran Manajemen               This indicates that all levels of management and employees
dan karyawan telah memiliki budaya risiko yang tinggi serta       have a high risk culture and awareness to comply with the
kesadaran untuk mematuhi elemen-elemen pengendalian               internal control elements that have been implemented. However,
internal yang telah diterapkan. Meski demikian, Perseroan         the Company continues to make continuous improvements for
tetap menjalankan upaya perbaikan berkesinambungan guna           optimal risk identification and management, thereby facilitating
memastikan identifikasi dan pengelolaan risiko secara optimal,    the smooth achievement of company targets.
sehingga pencapaian target perusahaan dapat berlangsung
tanpa gangguan.




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Manajemen Risiko
Risk Management




Komitmen Penerapan Kebijakan Manajemen Risiko di Perseroan
Commitment to Implementing Risk Management Policies in the Company

Perseroan berkomitmen untuk menerapkan kebijakan                    The Company is committed to consistently implementing an
manajemen risiko terintegrasi secara konsisten sesuai dengan        integrated risk management policy in accordance with FSA
ketentuan OJK serta praktik terbaik (best practice) di industri     Regulations and best practices in the multifinance industry.
multifinance. Penerapan manajemen risiko ini bertujuan untuk        The implementation of risk management aims to ensure that all
memastikan seluruh potensi risiko yang timbul dari kegiatan         potential risks arising from business activities can be effectively
usaha dapat diidentifikasi, diukur, dipantau, dan dikendalikan      identified, measured, monitored, and controlled across all
secara efektif di seluruh entitas dalam grup usaha.                 entities within the business group.

Sebagai wujud komitmen tersebut, penyusunan kebijakan dan           As a manifestation of this commitment, the formulation of policies
pelaksanaan manajemen risiko di Perseroan mengacu pada              and implementation of risk management in the Company refers
POJK No. 42 Tahun 2024 tentang Penerapan Manajemen                  to POJK No. 42 Year 2024 concerning the Implementation of
Risiko Bagi Lembaga Pembiayaan, Perusahaan Modal Ventura,           Risk Management for Financing Institutions, Venture Capital
Lembaga Keuangan Mikro, Dan Lembaga Jasa Keuangan                   Companies, Microfinance Institutions, and Other Financial
Lainnya. Selain itu, aktivitas pengendalian risiko Perseroan        Services Institutions. The Company’s risk control activities are
juga terintegrasi dengan PT Astra International Tbk selaku          also integrated with PT Astra International Tbk as the Parent
Entitas Induk, sehingga proses pengelolaan risiko Perseroan         Entity, so that the Company’s risk management process is
tunduk pada kerangka Konglomerasi Keuangan Astra bersama            subject to the Astra Financial Conglomerate framework along
lembaga jasa keuangan lainnya di bawah Astra Group, baik            with other financial service institutions under the Astra Group,
yang berstatus sebagai bank maupun non-bank.                        both banks and non-banks.

Perseroan senantiasa memperkuat tata kelola risiko melalui          The Company continuously strengthens its risk governance
penerapan kerangka kerja Three Lines of Defense yang                through the implementation of a Three Lines of Defense
melibatkan seluruh jenjang organisasi, mulai dari unit bisnis       framework that involves all levels of the organization, starting
sebagai lini pertahanan pertama, fungsi manajemen risiko dan        from the business units as the first line of defense, the risk
kepatuhan sebagai lini pertahanan kedua, hingga audit internal      management and compliance functions as the second line of
sebagai lini pertahanan ketiga.                                     defense, and internal audit as the third line of defense.

Selain itu, Perseroan secara berkala melakukan evaluasi             In addition, the Company periodically evaluates the Basic
terhadap Kebijakan dan Prosedur Kebijakan Dasar Manajemen           Risk Management Policy and Procedures approved by the
Risiko yang telah disetujui oleh Direksi dan Dewan Komisaris        Board of Directors and Board of Commissioners on May 22,
pada 22 Mei 2025, guna memastikan keselarasan dengan                2025, to maintain alignment with regulatory developments,
perkembangan regulasi, kondisi pasar, serta dinamika teknologi      market conditions, and technological and business model
dan model bisnis. Perseroan juga terus meningkatkan kapasitas       dynamics. The Company also continues to enhance its human
SDM dan memperkuat infrastruktur sistem informasi risiko untuk      capital capacity and strengthen its risk information system
mendukung pengambilan keputusan yang berbasis data dan              infrastructure to support data-driven decision-making and the
prinsip kehati-hatian.                                              principle of prudence.

Melalui penerapan manajemen risiko terintegrasi yang                Through the implementation of comprehensive integrated
komprehensif serta terjalinnya sinergi solid dalam Konglomerasi     risk management and solid synergy within the Astra Financial
Keuangan Astra, Perseroan meyakini dapat menjaga stabilitas         Conglomerate, the Company believes it can maintain financial
keuangan, meningkatkan kepercayaan pemangku kepentingan,            stability, increase stakeholder confidence, and create
serta menciptakan pertumbuhan usaha yang berkelanjutan              sustainable and highly competitive business growth.
dan berdaya saing tinggi.



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   Ikhtisar Kinerja                  Laporan Manajemen               Profil Perusahaan
   Performance Highlights            Management Report               Company Profile




Kerangka dan Sistem Manajemen Risiko Perseroan
The Company’s Risk Management Framework and System

Perseroan senantiasa berupaya mengantisipasi potensi                  The Company continuously strives to anticipate the potential
timbulnya risiko baru dalam kegiatan usaha pembiayaan                 emergence of new risks in its financing activities through
melalui penerapan manajemen risiko yang memadai, efektif,             the implementation of adequate, effective, and measurable
dan terukur. Sebagai perusahaan pembiayaan, implementasi              risk management. As a financing company, the Company’s
manajemen risiko Perseroan berpedoman pada POJK No.                   risk management implementation is guided by POJK No.
42/POJK.01/2024 tentang Penerapan Manajemen Risiko bagi               42/POJK.01/2024 concerning the Implementation of Risk
Lembaga Pembiayaan, Perusahaan Modal Ventura, Lembaga                 Management for Financing Institutions, Venture Capital
Keuangan Mikro, dan Lembaga Jasa Keuangan Lainnya. Dalam              Companies, Microfinance Institutions, and Other Financial
penerapannya, sistem manajemen risiko Perseroan dibangun              Services Institutions. In its implementation, the Company’s risk
di atas 4 (empat) pilar utama, yaitu:                                 management system is built on 4 (four) main pillars, namely:
1. Pengawasan aktif Direksi, Dewan Komisaris, dan Dewan               1. Active supervision by the Board of Directors, Board of
    Pengawas Syariah                                                      Commissioners, and Sharia Supervisory Board
    Seluruh jajaran organ utama dalam tata kelola Perseroan               All key organs in the Company’s governance ensure that risk
    memastikan penerapan manajemen risiko berjalan secara                 management is implemented consistently and in line with
    konsisten dan selaras dengan strategi bisnis, tingkat risiko          business strategies, acceptable risk levels (risk appetite),
    yang dapat diterima (risk appetite), serta kebijakan internal         and applicable internal policies.
    yang berlaku.
2. Kerangka Kebijakan dan Prosedur Manajemen Risiko                   2. Risk Management Policy and Procedure Framework
    Perseroan memiliki kebijakan dan prosedur tertulis                   The Company has written policies and procedures that serve
    yang menjadi pedoman bagi seluruh unit kerja dalam                   as guidelines for all work units in identifying, measuring,
    mengidentifikasi, mengukur, memantau, dan mengendalikan              monitoring, and controlling risks. Risk policies and limits are
    risiko. Kebijakan dan limit risiko dikaji secara berkala agar        reviewed periodically to make sure they remain relevant to
    tetap relevan terhadap perkembangan lingkungan bisnis                developments in the business environment and regulations.
    dan regulasi.
3. Proses Manajemen Risiko Terintegrasi                               3. Integrated Risk Management Process
    Perseroan menerapkan proses manajemen risiko yang                    The Company implements an integrated and comprehensive
    terintegrasi dan komprehensif di seluruh lini organisasi, yang       risk management process across all lines of the organization,
    mencakup tahapan identifikasi, pengukuran, pemantauan,               which includes the stages of risk identification, measurement,
    dan pengendalian risiko, baik secara kualitatif maupun               monitoring, and control, both qualitatively and quantitatively.
    kuantitatif. Proses ini terintegrasi dengan perencanaan              This process is integrated with the Company’s strategic
    strategis dan proses bisnis Perseroan, serta bertujuan               planning and business processes and affirming that each
    untuk memastikan bahwa setiap risiko dikelola dalam                  risk is managed within the established risk appetite and
    batas toleransi risiko (risk appetite dan risk tolerance) yang       risk tolerance limits.
    telah ditetapkan.
4. Sistem Informasi dan Infrastruktur Pendukung                       4. Information Systems and Supporting Infrastructure
    Penerapan sistem manajemen risiko Perseroan didukung                 The implementation of the Company’s risk management
    oleh sistem informasi yang andal, memungkinkan pelaporan             system is supported by a reliable information system,
    risiko secara akurat dan tepat waktu. Infrastruktur teknologi        enabling accurate and timely risk reporting. The information
    informasi terus dikembangkan guna memperkuat efektivitas             technology infrastructure is continuously developed to
    pemantauan dan mendorong budaya sadar risiko di seluruh              strengthen the effectiveness of monitoring and promote a
    tingkatan organisasi.                                                risk-aware culture at all levels of the organization.

Selain berpedoman pada regulasi yang berlaku, penerapan               In addition to complying with applicable regulations, the
sistem manajemen risiko di Perseroan juga mengacu pada                implementation of the risk management system at the
kerangka kerja COSO Enterprise Risk Management (ERM),                 Company also refers to the COSO Enterprise Risk Management
serta Pedoman Kerja Manajemen Risiko ISO 31000:2018.                  (ERM) framework and the ISO 31000:2018 Risk Management
Kedua acuan tersebut menjadi landasan dalam membangun                 Guidelines. These two references form the basis for building
sistem pengelolaan risiko yang terintegrasi dan berkelanjutan,        an integrated and sustainable risk management system, as
sebagaimana digambarkan pada bagan berikut:                           illustrated in the following chart:




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                                         Tinjauan Pendukung Bisnis               Analisa dan Pembahasan Manajemen            Tata Kelola Perusahaan
                                            Business Support Review               Management Discussion and Analysis          Corporate Governance




                                                                    Struktur Tata Kelola
                                                                Risk Management Structure


                                                     Lingkup, Konteks, Kriteria | Scope, Context, Criteria



                                                               Penilaian Risiko | Risk Assessment


                                                             Identifikasi Risiko | Risk Identification
          Communication & Consultation
            Komunikasi & Konsultasi




                                                                                                                                   Pengawasan & Review
                                                                                                                                    Monitoring & Review
                                                                  Analisa Risiko | Analisa Risiko

                                                                 Kemungkinan | Risk Identification


                                                                         Dampak | Impact


                                                              Tingkat Risiko (Hasil dari Penilaian atas
                                                                Kemungkinan dan Dampak Risiko) |
                                                 Risk Level (Assessment Result from Likelihood and Risk Impact)




                                                                 Evaluasi Risiko | Risk Evaluation




                                                               Perlakukan Risiko | Risk Treatment



                                                    Pencatatan dan Pelaporan | Recording and Reporting



Perseroan menerapkan sistem manajemen risiko yang                                  The Company implements an integrated risk management
terintegrasi dengan melibatkan seluruh fungsi dan unit kerja                       system that involves all functions and work units in order to
guna menumbuhkan kesadaran setiap karyawan terhadap risiko                         foster employee awareness of the risks inherent in their roles
yang melekat pada peran dan tanggung jawabnya. Dengan                              and responsibilities. Thus, the risk management system is
demikian, sistem manajemen risiko tidak hanya menjadi bagian                       not only part of governance, but also functions as an early
dari tata kelola, tetapi juga berfungsi sebagai early warning                      warning system that is capable of detecting potential risks
system yang mampu mendeteksi potensi risiko secara cepat                           quickly and accurately.
dan akurat.

Mempertimbangkan tingkat kompleksitas bisnis dan                                   Considering the level of business complexity and the various
beragamnya jenis risiko yang dihadapi perusahaan pembiayaan,                       types of risks faced by financing companies, the Company has
Perseroan menetapkan 4 (empat) tahapan utama dalam                                 established four main stages in the implementation of the risk
pelaksanaan sistem manajemen risiko, yaitu:                                        management system, namely:
1. Penetapan konteks dilakukan untuk memahami tujuan                               1. Context application to provide a clear picture of the
   organisasi dan proses bisnis sebagai dasar dalam                                   objectives of the organization’s business processes as a
   pelaksanaan penilaian risiko yang relevan dengan                                   basis to perform risk assessments in accordance with the
   konteks Perseroan;                                                                 Company context;
2. Penilaian risiko yang mencakup proses identifikasi,                             2. Risk assessment includes identifying risks affecting the
   pengukuran dampak dan frekuensi, serta evaluasi berkala                            Company, calculating their impact and frequency and
   bersama Risk Control Owner guna memastikan akurasi,                                impact on the Company’s objectives, as well as periodic
   kelengkapan, dan relevansi risiko yang dikelola;                                   evaluations with the Risk Control Owner to ensure the
                                                                                      accuracy, comprehensiveness, and relevance of the risks
                                                                                      being managed;




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3. Penanganan risiko, dilakukan dengan merancang strategi           3. Risk management involves designing mitigation strategies,
   mitigasi, menetapkan kebutuhan sumber daya, melakukan               determining resource requirements, conducting
   benchmarking, serta menyusun rencana penanganan                     benchmarking, and developing plans to address
   terhadap risiko yang telah teridentifikasi.                         identified risks;
4. Pengendalian, pemantauan dan proses komunikasi                   4. Control, monitoring, and risk management communication
   manajemen risiko (control and monitoring), dilakukan                processes (control and monitoring) are carried out through
   melalui penerapan aktivitas pengendalian yang memadai               the implementation of adequate control activities over the
   atas risiko utama (Top Risk) dan risiko lainnya yang dihadapi       company’s top risks and other risks, as well as continuous
   perusahaan, serta pemantauan secara berkelanjutan dan               monitoring and periodic evaluation of the effectiveness
   evaluasi berkala terhadap efektivitas pengendalian tersebut.        of these controls. The results of monitoring are used as
   Hasil pemantauan digunakan sebagai dasar perbaikan                  a basis for continuous improvement and are reported to
   berkelanjutan dan dilaporkan kepada manajemen dan                   management and relevant committees to ensure that risks
   komite terkait untuk memastikan risiko tetap berada dalam           remain within the established tolerance limits.
   batas toleransi yang telah ditetapkan.

Selain menjalankan tiga proses utama di atas, sistem manajemen      Not only implementing the three main processes above, but the
risiko Perseroan juga didukung oleh dua proses tambahan, yaitu      Company’s risk management system is also supported by two
komunikasi dan konsultasi, serta pengawasan dan review.             additional processes, namely communication and consultation,
Kedua aspek ini memiliki peran penting untuk memastikan             as well as supervision and review. These two aspects play
pengelolaan risiko dilakukan secara terbuka, kolaboratif,           an important role in ensuring that the risk management is
dan melibatkan seluruh unsur organisasi dengan tetap                carried out in an open and collaborative manner, involving all
mempertimbangkan kepentingan para pemangku kepentingan.             elements of the organization while still considering the interests
                                                                    of stakeholders.

Kegiatan komunikasi dan konsultasi berfungsi memperkuat             Communication and consultation activities serve to strengthen
koordinasi lintas unit serta memastikan setiap proses               cross-unit coordination and affirm that every risk management
manajemen risiko berjalan selaras dengan tujuan organisasi.         process is aligned with the organization’s objectives. Meanwhile,
Sementara itu, proses pengawasan dan review dilakukan secara        the monitoring and review process is conducted periodically
berkala untuk menilai efektivitas implementasi dan menjadi          to assess the effectiveness of implementation and provide
bahan pertimbangan bagi Direksi dalam melakukan perbaikan           input for the Board of Directors in making improvements and
serta penyempurnaan sistem manajemen risiko ke depan.               refinements to the risk management system going forward.


Pengelolaan Risiko dengan Konsep Three Lines of Defense
Risk Management with the Three Lines of Defense Concept

Perseroan mengadopsi prinsip tiga lapis pertahanan (Three           The Company adopts the Three Lines of Defense principle in
Lines of Defense) dalam penerapan manajemen risikonya.              its risk management implementation. Through this model, the
Melalui model ini, Perseroan membangun struktur pengelolaan         Company builds a systematic and integrated risk management
risiko yang sistematis dan terintegrasi di seluruh jenjang          structure across all levels of the organization with a clear
organisasi dengan pembagian peran yang jelas antara pihak           division of roles between those who own, manage, supervise,
yang memiliki, mengelola, mengawasi, dan memastikan                 and ensure the effectiveness of risk control.
efektivitas pengendalian risiko.

Dengan menerapkan three lines of defense, Perseroan                 By implementing the three lines of defense, the Company clearly
membedakan secara tegas antara fungsi-fungsi bisnis sebagai         distinguishes between business functions as risk owners (risk-
pemilik risiko (risk owner), fungsi yang mengelola risiko           owners), functions that manage risks, functions that monitor
(managing risks), fungsi yang mengawasi risiko (overseeing          risks, and functions that provide independent assurance. This
risks), serta fungsi yang memberikan pemastian independen           division ensures a balance between control and objectivity
(independent assurance). Pembagian ini memastikan adanya            in the risk management process, while strengthening the
keseimbangan antara pengendalian dan objektivitas dalam             principles of GCG.
proses manajemen risiko, sekaligus memperkuat prinsip GCG.




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Pendekatan three lines of defense dalam konteks manajemen                   The three lines of defense approach in the context of the
risiko Perseroan dapat dijelaskan sebagai berikut:                          Company’s risk management is explained as follows:



        ORGAN PENGURUS             Akuntabilitas terhadap pemangku kepentingan atas pengawasan organisasi
        GOVERNING BODY             Accountability to stakeholders for organizational oversight

        Peran Organ Pengurus: integritas, kepemimpinan, dan transparansi
        Governing Body Roles: integrity, leadership, and tranparency




                                                                                                                                       EXTERNAL ASSURANCE PROVIDERS
                                                                                                                                        PENYEDIA ASURANS EKSTERNAL
        MANAJEMEN            Tindakan (termasuk pengelolaan risiko)                         AUDIT INTERNAL
        MANAGEMENT           untuk mencapai tujuan-tujuan organisasi                        INTERNAL AUDIT
                             Actions (include managing risk)                                Asuransi yang Independen
                             to archieve organizational objectives                          Independent Assurance


        Peran lini pertama:                       Peran lini kedua:                         Peran lini ketiga:
        Penyediaan produk/jasa                    Ekspertis, bantuan,                       Asurans dan advis yang
        kepada klien; mengelola risiko            pemantauan, dan tantangan                 independen dan objektif atas
                                                  atas hal-hal yang terkait                 segala hal yang terkait dengan
        First line roles:                         dengan risiko                             pencapaian tujuan
        Provision of products/services to
                                                  Second line roles:                        Thrid line roles:
        clients; managing risk
                                                  Expertise, support, monitoring            Independent and objective
                                                  and challenge on risk-related             assurance and advice on
                                                  matters                                   all matters related to the
                                                                                            achievement of objectives
                                                                                            managing risk



                Akuntabilitas,              Delegasi, Mengarahkan,                                   Keselarasan, Komunikasi,
                Pelaporan                   Menyediakan Sumber Daya, dan Pengawasan                  Koordinasi, dan Kolaborasi
                Accountability,             Delegation, Direction,                                   Alignment, Communication,
                Reporting                   Resources, Oversight                                     Coordination, and Collaboration




1. Lapis Pertama (First Line of Defense)                                    1. First Line of Defense
   Merupakan fungsi-fungsi bisnis dan operasional yang                         This consists of business and operational functions that are
   bertanggung jawab langsung sebagai risk owner. Unit                         directly responsible as risk owners. This unit is required
   ini wajib mengidentifikasi, menilai, memantau, serta                        to identify, assess, monitor, and control risks that arise
   mengendalikan risiko yang muncul dalam aktivitas sehari-                    in daily activities in accordance with applicable policies
   hari sesuai kebijakan dan prosedur yang berlaku.                            and procedures.

2. Lapis Kedua (Second Line of Defense)                                     2. Second Line of Defense
   Terdiri atas fungsi manajemen risiko, kepatuhan,                            This consists of risk management, compliance, and internal
   dan pengendalian internal yang berperan dalam                               control functions that play a role in developing policies and
   mengembangkan kebijakan, metodologi, serta melakukan                        methodologies, as well as monitoring the implementation
   pemantauan terhadap penerapan manajemen risiko oleh lini                    of risk management by the first line. This function focuses
   pertama. Fungsi ini berfokus pada penyusunan kerangka                       on developing frameworks and guidelines that confirm
   kerja dan pedoman yang memastikan risiko terkelola secara                   risks are managed consistently and measurably across
   konsisten dan terukur di seluruh unit kerja.                                all work units.




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3. Lapis Ketiga (Third Line of Defense)                                     3. Third Line of Defense
   Dilaksanakan oleh fungsi audit internal yang memberikan                     Implemented by the internal audit function, which
   penilaian independen atas kecukupan dan efektivitas                         provides an independent assessment of the adequacy
   penerapan sistem pengendalian internal serta manajemen                      and effectiveness of the implementation of the Company’s
   risiko Perseroan secara keseluruhan. Hasil evaluasi audit                   internal control system and risk management as a whole.
   internal menjadi dasar bagi Direksi dan Dewan Komisaris                     The results of the internal audit evaluation form the basis
   dalam melakukan penyempurnaan strategi pengelolaan                          for the Board of Directors and Board of Commissioners in
   risiko dan tata kelola perusahaan.                                          refining the Company’s risk management and corporate
                                                                               governance strategies.

Melalui penerapan konsep three lines of defense ini, Perseroan              Through the implementation of the three lines of defense
memastikan bahwa setiap lapisan organisasi berperan aktif dan               concept, the Company assures that each layer of the organization
saling melengkapi dalam menjaga efektivitas sistem manajemen                plays an active and complementary role in maintaining the
risiko, memperkuat budaya sadar risiko, serta mendukung                     effectiveness of the risk management system, strengthening
keberlanjutan dan ketahanan bisnis Perseroan.                               a risk-aware culture, and supporting the sustainability and
                                                                            resilience of the Company’s business.

Identifikasi dan Upaya Mitigasi Risiko
Risk Identification and Mitigation Efforts

Sepanjang tahun 2025, Perseroan secara konsisten telah                      Throughout 2025, the Company has consistently implemented
menjalankan tahapan manajemen risiko secara menyeluruh                      comprehensive risk management stages ranging from
mulai dari identifikasi, penilaian, pemantauan, hingga                      identification, assessment, monitoring, and control of all types of
pengendalian terhadap seluruh jenis risiko yang relevan                     risks relevant to the Company’s business activities as stipulated
dengan kegiatan usaha perseroan sebagaimana diatur dalam                    in Financial Services Authority Regulation (POJK) Number 42
Peraturan Otoritas Jasa Keuangan (POJK) Nomor 42 Tahun                      of 2024, which includes:
2024 yang mencakup:


   Jenis Risiko                   Penyebab                             Akibat                                   Rencana Mitigasi
   Types of Risk                   Causes                              Impact                                    Mitigation Plan

 Risiko Kredit         Risiko akibat kegagalan pihak     Meningkatnya Non-Performing           Dalam menghadapi risiko kredit, Perseroan
 Credit Risk           lain dalam memenuhi kewajiban Loan (NPL), yang berdampak                melakukan identifikasi dan pengukuran risiko
                       kepada perusahaan.                langsung pada penurunan               terhadap strategi penyaluran pembiayaan,
                                                         kualitas portofolio pembiayaan.       komposisi portofolio piutang pembiayaan dan
                       Risks arising from the failure                                          tingkat konsentrasi, kualitas piutang pembiayaan
                       of third parties to fulfill their Increase in Non-Performing            dan kecukupan pencadangan, serta faktor
                       obligations to the Company.       Loans (NPL), which directly           eksternal agar sesuai dengan appetite Perseroan.
                                                         impacts the decline in the
                                                         quality of the financing portfolio.   In dealing with credit risk, the Company identifies
                                                                                               and measures risks related to its financing
                                                                                               distribution strategy, the composition of its
                                                                                               financing receivables portfolio and concentration
                                                                                               levels, the quality of its financing receivables and
                                                                                               the adequacy of its reserves, as well as external
                                                                                               factors, to align with the Company's risk appetite.




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  Jenis Risiko                 Penyebab                              Akibat                                  Rencana Mitigasi
  Types of Risk                 Causes                               Impact                                   Mitigation Plan

Risiko Strategis   Risiko akibat ketidaktepatan         Kegagalan dalam                     Dalam menghadapi risiko strategis, Perseroan
Strategic Risk     dalam pengambilan dan/               mengantisipasi perubahan            melakukan proses identifikasi secara menyeluruh
                   atau pelaksanaan suatu               lingkungan bisnis.                  untuk memastikan kesesuaian antara strategi
                   keputusan strategis.                                                     yang dijalankan dengan arah bisnis, kondisi
                                                        Failure to anticipate changes in    lingkungan usaha, serta posisi kompetitif
                   Risks arising from inaccuracies      the business environment.           Perseroan di industri. Proses ini mencakup
                   in making and/or implementing                                            evaluasi terhadap pilihan strategi yang memiliki
                   strategic decisions.                                                     tingkat risiko berbeda baik strategi dengan risiko
                                                                                            tinggi maupun rendah, serta penilaian atas tingkat
                                                                                            pencapaian realisasi rencana bisnis Perseroan.

                                                                                            In dealing with strategic risk, the Company
                                                                                            conducts a comprehensive identification process
                                                                                            to ensure that the strategies implemented are
                                                                                            in line with the business direction, the business
                                                                                            environment, and the Company's competitive
                                                                                            position in the industry. This process includes
                                                                                            an evaluation of strategic options with different
                                                                                            levels of risk, both high and low risk strategies, as
                                                                                            well as an assessment of the level of achievement
                                                                                            of the Company's business plan.

Risiko             Risiko akibat ketidakcukupan         Menimbulkan kerugian                Dalam menghadapi risiko operasional,
Operasional        dan/atau tidak berfungsinya          keuangan akibat kesalahan           Perseroan senantiasa melakukan identifikasi dan
Operational Risk   proses internal, kesalahan           proses, kegagalan sistem,           pengukuran risiko operasional agar tetap terjaga
                   manusia, kegagalan sistem,           gangguan teknologi                  kompleksitas organisasi dan kegiatan usaha,
                   dan/atau adanya kejadian             informasi, serta kesalahan          sumber daya manusia, sistem teknologi dan
                   eksternal yang memengaruhi           manusia dalam pelaksanaan           informasi, risiko kecurangan (fraud), gangguan
                   operasional Perusahaan.              kegiatan operasional.               terhadap bisnis dan organisasi, dan tingkat
                                                                                            interaksi dan ketergantungan Perseroan sesuai
                   Risks arising from inadequate        This has resulted in financial      dengan appetite Perseroan.
                   and/or malfunctioning                losses due to process
                   internal processes, human            errors, system failures,            In dealing with operational risk, the Company
                   error, system failure, and/or        information technology              continuously identifies and measures operational
                   external events that affect the      disruptions, and human error        risk to maintain the complexity of the organization
                   Company's operations.                in the implementation of            and business activities, human capital, technology
                                                        operational activities.             and information systems, fraud risk, disruptions
                                                                                            to the business and organization, and the level of
                                                                                            interaction and dependence of the Company in
                                                                                            accordance with the Company's appetite.

Risiko Pasar       Risiko pada posisi aset,             Mengakibatkan fluktuasi             Dalam menghadapi risiko pasar, Perseroan
Market Risk        liabilitas, ekuitas, dan/atau        pendapatan dan nilai portofolio,    melakukan proses identifikasi dan pengukuran
                   rekening administratif termasuk      penurunan margin pembiayaan,        risiko yang dilakukan terhadap komposisi aset
                   transaksi derivatif akibat           volatilitas arus kas, serta         dan liabilitas jangka pendek termasuk transaksi
                   perubahan secara keseluruhan         meningkatkan ketidakpastian         rekening administratif, pengelolaan arus kas,
                   dari kondisi pasar.                  dalam perencanaan dan               kerentanan pada kebutuhan pendanaan, dan
                                                        pengambilan keputusan               akses pada sumber pendanaan.
                   Risks to asset, liability, equity,   bisnis Perseroan.
                   and/or administrative account                                            In addressing market risk, the Company conducts
                   positions, including derivative      This has resulted in fluctuations   a risk identification and measurement process
                   transactions, due to overall         in income and portfolio value,      on the composition of short-term assets and
                   changes in market conditions.        a decline in financing margins,     liabilities, including administrative account
                                                        cash flow volatility, and           transactions, cash flow management, vulnerability
                                                        increased uncertainty in the        to funding needs, and access to funding sources.
                                                        Company's business planning
                                                        and decision-making.




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   Jenis Risiko                   Penyebab                            Akibat                                  Rencana Mitigasi
   Types of Risk                   Causes                             Impact                                   Mitigation Plan

 Risiko Likuiditas     Risiko akibat ketidakmampuan      Mengakibatkan                       Dalam menghadapi risiko likuiditas, Perseroan
 Liquidity Risk        Perusahaan untuk memenuhi         ketidakmampuan Perseroan            melakukan diversifikasi sumber pendanaan yang
                       liabilitas yang jatuh tempo       memenuhi kewajiban keuangan         berasal dari pinjaman bank, surat utang, dan
                       dari sumber pendanaan arus        tepat waktu, gangguan               angsuran konsumen.
                       kas dan/atau dari aset likuid     penyaluran pembiayaan,
                       yang dapat dengan mudah           peningkatan biaya pendanaan,        In addressing liquidity risk, the Company
                       dikonversi menjadi kas, tanpa     volatilitas arus kas, penurunan     diversifies its funding sources from bank loans,
                       mengganggu aktivitas dan          fleksibilitas keuangan, serta       debt securities, and consumer installments.
                       kondisi keuangan Perusahaan.      tekanan terhadap stabilitas
                                                         kinerja keuangan Perseroan.
                       Risks arising from the
                       Company's inability to meet       This has resulted in the
                       maturing liabilities from cash    Company's inability to meet
                       flow funding sources and/         its financial obligations on
                       or liquid assets that can         time, disruption of financing
                       be easily converted into          distribution, increased
                       cash, without disrupting the      funding costs, cash flow
                       Company's activities and          volatility, decreased financial
                       financial condition.              flexibility, and pressure on
                                                         the stability of the Company's
                                                         financial performance.

 Risiko Hukum          Risiko yang timbul akibat         Mengakibatkan kerugian              Dalam menghadapi risiko hukum, Perseroan perlu
 Legal Risk            tuntutan hukum dan/atau           finansial, gangguan terhadap        mencermati peraturan perundang-undangan
                       kelemahan aspek hukum.            kelancaran kegiatan                 yang terkait dengan kegiatan usaha Perseroan,
                                                         usaha, ketidakpastian               menuangkannya sebagai pedoman dalam
                       Risks arising from legal claims   atas hak dan kewajiban              regulasi internal sebagai panduan operasional
                       and/or legal weaknesses.          Perseroan, keterlambatan            Perseroan. Penerapan manajemen risiko hukum
                                                         pelaksanaan transaksi bisnis,       dapat dijangkau melalui proses identifikasi,
                                                         serta berdampak pada                pengukuran, pemantauan, dan pengendalian
                                                         reputasi dan kepercayaan            risiko baik eksternal maupun internal.
                                                         pemangku kepentingan.
                                                                                             In dealing with legal risks, the Company needs
                                                         This has resulted in financial      to pay close attention to laws and regulations
                                                         losses, disruption to business      related to the Company's business activities
                                                         activities, uncertainty regarding   and incorporate them into internal regulations
                                                         the Company's rights and            as operational guidelines for the Company. The
                                                         obligations, delays in business     implementation of legal risk management can
                                                         transactions, and an impact         be achieved through the process of identifying,
                                                         on the reputation and trust         measuring, monitoring, and controlling both
                                                         of stakeholders.                    external and internal risks.

 Risiko Kepatuhan      Risiko akibat Perseroan tidak     Menurunnya reputasi atau citra      Dalam menghadapi risiko kepatuhan, Perseroan
 Compliance Risk       mematuhi dan/atau tidak           Perseroan di mata masyarakat        secara berkesinambungan melakukan penilaian
                       melaksanakan peraturan            atau konsumen.                      kepatuhan terhadap ketentuan regulator serta
                       perundang-undangan                                                    memastikan seluruh aktivitas usaha berjalan
                       dan ketentuan.                    Damage to the Company's             sesuai dengan peraturan yang berlaku. Perseroan
                                                         reputation or image in the eyes     juga secara berkala memperbarui kebijakan
                       Risks arising from the            of the public or consumers.         dasar penerapan manajemen risiko dan Standar
                       Company's failure to comply                                           Operasional Prosedur (SOP) di setiap fungsi,
                       with and/or implement laws and                                        sebagai pedoman bagi seluruh risk owner dalam
                       regulations and provisions.                                           menerapkan prinsip GCG.

                                                                                             In addressing compliance risk, the Company
                                                                                             continuously assesses its compliance with
                                                                                             regulatory requirements and ensures that all
                                                                                             business activities are done in accordance
                                                                                             with applicable regulations. The Company also
                                                                                             periodically updates its basic risk management
                                                                                             policies and Standard Operating Procedures
                                                                                             (SOPs) in each function, as guidelines for all risk
                                                                                             owners in implementing GCG principles.



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  Jenis Risiko                 Penyebab                             Akibat                                   Rencana Mitigasi
  Types of Risk                 Causes                              Impact                                    Mitigation Plan

Risiko Reputasi    Risiko akibat menurunnya             Menimbulkan persepsi negatif       Dalam mengantisipasi risiko reputasi, Perseroan
Reputation Risk    tingkat kepercayaan pemangku         dari masyarakat dan konsumen       secara aktif memantau berbagai faktor yang
                   kepentingan yang bersumber           terhadap bisnis Perseroan.         dapat memengaruhi persepsi publik terhadap
                   dari persepsi negatif                                                   perusahaan, termasuk citra pengurus dan
                   terhadap Perseroan.                  This has resulted in negative      pemegang saham, penerapan etika bisnis, tingkat
                                                        perceptions from the public        kompleksitas produk dan kerja sama bisnis, serta
                   Risks arising from a decline in      and consumers towards the          pemberitaan negatif atau keluhan pelanggan
                   stakeholder confidence due           Company's business.                yang bersifat signifikan.
                   to negative perceptions of
                   the Company.                                                            In anticipating reputation risk, the Company
                                                                                           actively monitors various factors that may affect
                                                                                           public perception of the company, including the
                                                                                           image of its management and shareholders, the
                                                                                           implementation of business ethics, the level of
                                                                                           product complexity and business cooperation,
                                                                                           as well as significant negative publicity or
                                                                                           customer complaints.

Risiko Transaksi   Risiko akibat ketergantungan         Pengaruh terhadap pemenuhan        Dalam menghadapi risiko transaksi intra-group,
Intragrup          suatu entitas baik secara            kewajiban perjanjian tertulis      Perseroan menerapkan proses manajemen risiko
Intragroup         langsung maupun tidak                maupun perjanjian tidak tertulis   dengan memperkuat koordinasi dan komunikasi
Transaction Risk   langsung terhadap                    baik yang diikuti perpindahan      antar entitas dalam grup usaha. Evaluasi
                   entitas lainnya dalam satu           dana dan/atau tidak diikuti        dilakukan dengan mempertimbangkan kondisi
                   Konglomerasi Keuangan.               perpindahan dana.                  keuangan, ketersediaan sumber daya manusia,
                                                                                           serta tingkat ketergantungan antar entitas, guna
                   Risks arising from the               The impact on the fulfillment      memastikan bahwa seluruh transaksi dilakukan
                   dependence of an entity,             of written and/or unwritten        secara wajar dan transparan. Upaya ini bertujuan
                   either directly or indirectly,       agreements, whether                untuk meminimalkan potensi dampak negatif
                   on other entities within a           accompanied by fund transfers      maupun risiko ketergantungan yang dapat timbul
                   Financial Conglomerate.              or not.                            dari aktivitas transaksi antar entitas dalam grup.

                                                                                           In dealing with intragroup transaction risks,
                                                                                           the Company implements a risk management
                                                                                           process by strengthening coordination and
                                                                                           communication between entities within the
                                                                                           business group. Evaluations are done by
                                                                                           considering financial conditions, availability of
                                                                                           human capital, and the level of dependence
                                                                                           between entities, to ensure that all transactions
                                                                                           are conducted in a fair and transparent manner.
                                                                                           These efforts aim to minimize the potential
                                                                                           negative impact and risk of dependency that may
                                                                                           arise from transactions between entities within
                                                                                           the group.




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   Ikhtisar Kinerja               Laporan Manajemen              Profil Perusahaan
   Performance Highlights         Management Report              Company Profile




Penilaian Penerapan Manajemen Risiko
Risk Management Implementation Assessment

Perseroan secara berkesinambungan melakukan penilaian             The Company continuously assesses the effectiveness of its risk
terhadap efektivitas sistem manajemen risiko guna memastikan      management system affirming that its implementation is optimal
bahwa penerapannya berjalan optimal serta mendukung               and supports the achievement of organizational objectives.
pencapaian tujuan organisasi. Proses pengukuran risiko            The risk measurement process is carried out to identify and
dilakukan untuk mengidentifikasi dan menghitung tingkat           calculate the level of risk exposure inherent in each of the
eksposur risiko yang melekat pada setiap kegiatan usaha           Company’s business activities, so that the potential impact on
Perseroan, sehingga potensi dampaknya terhadap kinerja            performance can be estimated and managed appropriately.
dapat diperkirakan dan dikelola secara tepat.

Mekanisme penilaian profil risiko dilaksanakan sesuai dengan      The risk profile assessment mechanism is implemented in
ketentuan SEOJK No. 11/SEOJK.05/2020 tentang Penilaian            accordance with the provisions of SEOJK No. 11/SEOJK.05/2020
Tingkat Kesehatan Perusahaan Pembiayaan dan Perusahaan            concerning the Assessment of the Soundness Level of
Pembiayaan Syariah, sebagai acuan utama dalam menilai             Financing Companies and Sharia Financing Companies, as
tingkat risiko dan kesehatan keuangan Perseroan.                  the main reference in assessing the Company’s risk level and
                                                                  financial health.

Untuk menjaga hasil penilaian manajemen risiko tetap berada       To maintain low risk ratings, the Company consistently improves
pada tingkat risiko rendah, Perseroan secara konsisten            the effectiveness of its risk management system through various
meningkatkan efektivitas penerapan sistem manajemen risiko        strategic measures, including:
melalui berbagai langkah strategis, antara lain:
1. Kepatuhan terhadap Ketentuan Regulator                         1. Compliance with Regulatory Requirements
   Perseroan memastikan seluruh kegiatan pengelolaan risiko          The Company ensures that all risk management activities
   sudah dijalankan sesuai dengan peraturan dan pedoman              are carried out in accordance with the regulations and
   yang ditetapkan oleh intansi yang berwenang.                      guidelines established by the competent authorities.

2. Pembaruan Kebijakan dan Prosedur                               2. Updating Policies and Procedures
   Perseroan menyempurnakan Kebijakan Dasar Penerapan                The Company refines its Basic Risk Management
   Manajemen Risiko serta SOP sebagai panduan bagi                   Implementation Policy and SOPs as guidelines for each
   setiap Risk Control Owner dalam melaksanakan proses               Risk Control Owner in implementing the risk management
   manajemen risiko sesuai kebutuhan dan dinamika bisnis.            process in accordance with business needs and dynamics.

3. Penguatan Infrastruktur Teknologi Informasi                    3. Strengthening of Information Technology Infrastructure
   Perseroan mengembangkan sistem dan infrastruktur TI yang          The Company develops continuous IT systems and
   berkesinambungan guna mendukung kegiatan identifikasi,            infrastructure to support more accurate and integrated
   pemantauan, dan pelaporan risiko secara lebih akurat              risk identification, monitoring, and reporting activities.
   dan terintegrasi.

4. Peningkatan Kompetensi SDM                                     4. Improvement of Human Capital Competence
   Perseroan memberdayakan dan membangun kapasitas                   The Company empowers and builds the capacity of Human
   SDM di seluruh lapisan organisasi agar memiliki kemampuan         Capital at all levels of the organization to have the ability
   dalam mengidentifikasi, menganalisis, serta menyusun              to identify, analyze, and develop risk prevention and
   langkah pencegahan dan penanggulangan risiko.                     mitigation measures.

5. Penerapan Business Continuity Plan (BCP)                       5. Implementation of Business Continuity Plan (BCP)
   Perseroan mengantisipasi dan memberikan respons                   The Company anticipates and responds to emergencies,
   terhadap kondisi darurat, bencana, atau situasi bisnis yang       disasters, or unfavorable business situations through the
   tidak kondusif melalui implementasi BCP yang disinergikan         implementation of a BCP that is synergized with other
   dengan entitas lain di dalam Astra Group.                         entities within the Astra Group.




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Melalui langkah-langkah tersebut, Perseroan berkomitmen              Through these measures, the Company is committed to
untuk memelihara efektivitas sistem manajemen risiko sekaligus       maintaining the effectiveness of its risk management system
memperkuat ketahanan organisasi dalam menghadapi                     while strengthening the organization’s resilience in facing
dinamika lingkungan bisnis dan perubahan regulasi yang               the dynamics of the business environment and evolving
terus berkembang.                                                    regulatory changes.


Evaluasi atas Efektivitas Implementasi Manajemen Risiko Tahun 2025
Evaluation of the Effectiveness of Risk Management Implementation in 2025

Selama tahun 2025, Perseroan secara konsisten melakukan              Throughout 2025, the Company consistently evaluated the
evaluasi atas efektivitas penerapan manajemen risiko                 effectiveness of risk management implementation to ensure that
guna memastikan seluruh proses identifikasi, pengukuran,             all processes of risk identification, measurement, monitoring,
pemantauan, dan pengendalian risiko berjalan optimal. Hasil          and control were working optimally. The evaluation results show
evaluasi menunjukkan bahwa penerapan manajemen risiko                that the implementation of risk management has been effective
telah berlangsung efektif dan adaptif terhadap dinamika usaha        and adaptive to business dynamics and regulatory changes, with
serta perubahan regulasi, dengan dukungan kebijakan yang             the support of integrated policies, strengthened technological
terintegrasi, penguatan infrastruktur teknologi, dan peningkatan     infrastructure, and improved human capital competencies.
kompetensi SDM. Secara keseluruhan, sistem manajemen risiko          Overall, the risk management system is considered adequate in
dinilai memadai dalam menjaga kesinambungan bisnis dan               maintaining business continuity and supporting the achievement
mendukung pencapaian tujuan strategis Perseroan.                     of the Company’s strategic objectives.


Pernyataan Direksi dan/atau Dewan Komisaris atau Komite Audit atas
Kecukupan Manajemen Risiko
Statement of the Board of Directors and/or Board of Commissioners or
Audit Committee on the Adequacy of Risk Management


Dewan Komisaris dan Direksi berpandangan bahwa Perseroan             The Board of Commissioners and Board of Directors are
telah menerapkan sistem manajemen risiko yang memadai                convinced that the Company has implemented an adequate
sebagaimana dapat dilihat dari kecukupan perangkat kebijakan         risk management system, as evidenced by the adequacy of
internal yang lengkap terkait dengan manajemen risiko serta          comprehensive internal policies related to risk management
tidak ditemukan adanya deviasi atau temuan yang signifikan           and the absence of any significant deviations or findings in the
dalam implementasi manajemen risiko, baik di kantor pusat            implementation of risk management, both at the head office
maupun di kantor-kantor cabang.                                      and branch offices.

Dewan Komisaris dan Direksi menilai implementasi sistem              The Board of Commissioners and Directors assessed that
manajemen risiko telah berjalan efektif sehingga risiko utama        the implementation of the risk management system has been
yang melekat pada aktivitas bisnis dapat dikelola secara             effective so that the main risks inherent in business activities
memadai dan kinerja usaha tetap terjaga.                             can be managed adequately and business performance
                                                                     is maintained.




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Fungsi Kepatuhan
Compliance Function




Perseroan menyadari bahwa dinamika bisnis dan perubahan           The Company recognizes that increasingly complex business
regulasi yang semakin kompleks menghadirkan tantangan serta       dynamics and regulatory changes present significant
risiko kepatuhan yang signifikan bagi industri multifinance.      compliance challenges and risks for the multifinance industry.
Sebagai wujud tanggung jawab dalam penerapan tata kelola          As a form of responsibility in implementing good governance,
yang baik, Perseroan berkomitmen untuk memastikan seluruh         the Company is committed to assuring that all business activities
aktivitas usaha berjalan sesuai ketentuan peraturan perundang-    are carried out in accordance with laws and regulations and
undangan serta prinsip-prinsip GCG.                               GCG principles.

Untuk menjaga konsistensi pemenuhan komitmen tersebut,            To maintain consistency in fulfilling this commitment, the
Perseroan mengoperasikan Fungsi Kepatuhan sebagai                 Company operates a Compliance Function as an important
bagian penting dari sistem pengendalian internal. Fungsi ini      part of its internal control system. This function plays a strategic
memiliki peran strategis dalam mengembangkan, memantau,           role in developing, monitoring, and ensuring the effective
dan memastikan efektivitas penerapan sistem manajemen             implementation of a sustainable compliance management
kepatuhan secara berkelanjutan. Selain itu, Fungsi Kepatuhan      system. In addition, the Compliance Function acts as a guardian
berperan sebagai guardian of compliance yang mendorong            of compliance that encourages the formation of a Compliance
terbentuknya Budaya Kepatuhan (Compliance Culture) melalui        Culture through the internalization of values, behaviors, and
internalisasi nilai, perilaku, dan tindakan yang berlandaskan     actions based on integrity at all levels of the organization.
integritas di seluruh level organisasi.

Penerapan Fungsi Kepatuhan juga mencerminkan komitmen             The implementation of the Compliance Function also reflects
Perseroan dalam memenuhi ketentuan POJK 48/2024. Di               the Company’s commitment to complying with POJK 48/2024.
samping itu, untuk memperkuat sinergi pengelolaan kepatuhan       Furthermore, to strengthen compliance management synergy at
di tingkat grup, Perseroan berpartisipasi dalam Satuan Kerja      the group level, the Company participates in the Astra Financial
Kepatuhan Terintegrasi Konglomerasi Keuangan Astra sesuai         Conglomerate Integrated Compliance Work Unit in accordance
POJK No. 30 Tahun 2024 tentang Konglomerasi Keuangan dan          with POJK No. 30 of 2024 concerning Financial Conglomerates
Perusahaan Induk Konglomerasi Keuangan. Melalui koordinasi        and Parent Companies of Financial Conglomerate. Through this
ini, Perseroan turut mendukung konsistensi penerapan standar      coordination, the Company supports the consistent application
kepatuhan di seluruh entitas keuangan dalam Astra Group.          of compliance standards across all financial entities within the
                                                                  Astra Group.

Direktur yang Membawahi Fungsi Kepatuhan
Director in Charge of Compliance Function

Kepatuhan berjalan efektif di bawah naungan Bapak Siswadi         Compliance is effectively carried out under the auspices of Mr.
selaku Presiden Direktur yang membawahi fungsi kepatuhan          Siswadi as President Director, who monitors the compliance
yang dinilai memiliki pengalaman, kompetensi, serta integritas    function and is considered to have the experience, competence,
yang diperlukan untuk memastikan pelaksanaan kepatuhan            and integrity necessary to ensure compliance in line with
sejalan dengan ketentuan regulator dan prinsip tata kelola        regulatory requirements and good governance principles.
yang baik.




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Direktur yang membawahi Fungsi Kepatuhan juga telah                    The Director in charge of the Compliance Function also
memenuhi persyaratan independensi sesuai ketentuan OJK.                meets the independence requirements in accordance with
Hal ini mencakup ketiadaan hubungan keuangan, hubungan                 FSA Regulations. This includes the absence of financial
kepengurusan, kepemilikan saham, maupun hubungan                       relationships, management relationships, share ownership,
keluarga dengan Kepala Satuan Kerja Kepatuhan, Dewan                   or family relationships with the Head of the Compliance Unit,
Komisaris, Direksi, serta pemegang saham utama dan                     the Board of Commissioners, the Board of Directors, and the
pengendali Perseroan.                                                  Company’s major shareholders and controllers.


Struktur Organisasi Fungsi Kepatuhan
Compliance Function Organizational Structure

Dalam struktur organisasi Perseroan, Compliance &                      Within the Company’s organizational structure, the Compliance
Standardization Division memegang peran utama sebagai                  & Standardization Division plays a key role as the Compliance
Fungsi Kepatuhan, yang secara langsung berada di bawah                 Function, which is directly under the supervision of the President
pengawasan Presiden Direktur. Unit ini bekerja secara                  Director. This unit works independently with the responsibility
independen dengan tanggung jawab untuk merancang,                      to design, implement, maintain, and improve the Company’s
menerapkan, memelihara, dan menyempurnakan sistem                      compliance management system, as well as affirm that all
manajemen kepatuhan Perseroan, sekaligus memastikan bahwa              compliance processes and interactions are performed in
seluruh proses dan interaksi kepatuhan berjalan sesuai dengan          accordance with applicable regulations.
regulasi yang berlaku.

Selain itu, unit ini juga bertugas mengelola dan melaksanakan          Additionally, this unit is also tasked with managing and
Program Anti Pencucian Uang dan Pencegahan Pendanaan                   implementing the Anti-Money Laundering and Counter-Terrorism
Terorisme (APU PPT) serta Pencegahan Pendanaan Proliferasi             Financing (AML/CFT) Program and the Counter Proliferation
Senjata Pemusnah Massal (PPPSPM), sebagai bagian dari upaya            Financing of Weapons of Mass Destruction (CPF) Program, as
Perseroan menjaga kepatuhan, integritas, dan keamanan                  part of the Company’s efforts to maintain compliance, integrity,
operasional dalam seluruh aktivitas bisnis.                            and operational security in all business activities.


Tugas dan Tanggung Jawab Fungsi Kepatuhan
Duties and Responsibilities of the Compliance Function

Ruang lingkup tugas dan tanggung jawab Fungsi Kepatuhan,               The scope of duties and responsibilities of the Compliance
di antaranya:                                                          Function includes:
1. Mewujudkan terlaksananya Budaya Kepatuhan pada semua                1. Fostering a culture of compliance at all levels of the
    tingkatan organisasi dan kegiatan usaha;                              organization and business activities;
2. Melakukan awareness terkait Kepatuhan pada semua                    2. Conducting awareness programs related to compliance at
    tingkatan organisasi;                                                 all levels of the organization;
3. Mengelola fungsi kepatuhan Perseroan termasuk melakukan             3. Managing the Company’s compliance function, including
    identifikasi kewajiban kepatuhan;                                     identifying compliance obligations;
4. M e n e t a p k a n d a n m e m a n t a u d o k u m e n t a s i     4. E s t a b l i s h i n g a n d m o n i t o r i n g c o m p l i a n c e
    pelaksanaan kepatuhan;                                                implementation documentation;
5. Menyelaraskan sistem manajemen kepatuhan dengan                     5. Aligning the compliance management system with
    sasaran kepatuhan;                                                    compliance objectives;
6. Menetapkan standard dan melakukan quality assurance                 6. Establishing standards and performing quality assurance
    terhadap Regulasi Internal dan bisnis proses;                         on internal regulations and business processes;
7. Melakukan pengawasan atas kegiatan usaha Perseroan                  7. Supervising the Company’s business activities and the
    serta implementasi regulasi internal perusahaan agar                  implementation of internal regulations to ensure they are
    sesuai dengan ketentuan Peraturan Perundang-Undangan                  in line with the principles of good corporate governance
    yang berlaku;                                                         and applicable laws and regulations;




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8. Menganalisis dan mengevaluasi kinerja sistem manajemen       8. Analyzing and evaluating the performance of the
   kepatuhan untuk mengidentifikasi kebutuhan akan                  compliance management system to identify the need for
   tindakan korektif;                                               corrective actions;
9. Memberikan rekomendasi perbaikan proses salah satunya        9. Providing recommendations for process improvements,
   sebagai bentuk langkah pencegahan atas ketidaksesuaian           including as a preventive measure against
   antara proses/implementasi dengan ketentuan yang berlaku;        discrepancies between processes/implementation and
                                                                    applicable regulations;
10. Memonitoring komitmen Perseroan dalam mematuhi              10. Monitoring the Company’s commitment to complying with
    ketentuan yang disusun oleh otoritas yang berwenang;            regulations established by the competent authorities;
11. Memantau dan mengukur kinerja kepatuhan yang dilakukan      11. Monitoring and measuring compliance performance across
    oleh seluruh lini Perusahaan;                                   all lines of the Company;
12. Mendokumentasikan risiko kepatuhan yang terjadi di          12. Documenting compliance risks that occur within the
    Perusahaan; dan                                                 Company; and
13. Melaporkan progress dan issues terkait pelaksanaan          13. Reporting progress and issues related to compliance
    kepatuhan kepada jajaran Direksi.                               implementation to the Board of Directors.

Selain menjalankan peran utama dalam mengawasi kepatuhan        In addition to playing a major role in monitoring the Company’s
Perseroan, Fungsi Kepatuhan juga bertanggung jawab atas         compliance, the Compliance Function is also responsible
penerapan Program Anti Pencucian Uang dan Pencegahan            for implementing the Anti-Money Laundering and Counter-
Pendanaan Terorisme (APU PPT) serta Pencegahan Pendanaan        Terrorism Financing (AML/CFT) Program and the Counter
Proliferasi Senjata Pemusnah Massal (PPPSPM). Dalam             Proliferation Financing of Weapons of Mass Destruction (CPF)
pelaksanaannya, program ini telah memenuhi persyaratan          Program. In its implementation, this program has met the main
utama, yaitu:                                                   requirements, namely:
1. Menjamin independensi organisasi dalam pelaksanaan           1. Ensuring the independence of the organization in the
   fungsi kepatuhan; dan                                            implementation of compliance functions; and
2. Memastikan penguasaan yang memadai terhadap substansi        2. Mastering the substance of prevailing laws and regulations
   ketentuan peraturan perundang-undangan yang berlaku.


Pelaporan yang Dilaksanakan Fungsi Kepatuhan
Compliance Function Reporting

Laporan Pelaksanaan Tugas Fungsi Kepatuhan Tahun                Compliance Function Task Implementation Report in
2025                                                            2025
Sepanjang 2025, Fungsi Kepatuhan telah melaksanakan             Throughout 2025, the Compliance Function has carried out
berbagai program kerja dan laporan untuk menjaga dan            various work programs and reports to maintain and strengthen
memperkuat kualitas kepatuhan Perseroan, antara lain:           the Company’s compliance quality, including:
1. Laporan Konglomerasi Keuangan Astra Tahun 2025;              1. Astra Financial Conglomerate Report for 2025;
2. Laporan Tingkat Kesehatan Keuangan Perusahaan                2. PT FIF Financing Company Financial Health Report for 2025;
   Pembiyaan PT FIF tahun 2025;
3. Laporan Tingkat Kesehatan Keuangan Perusahaan                3. Financial Health Rating of the Company’s Sharia Business
   Pembiayaan UUS PT FIF Tahun 2025;                               Unit (UUS) Financing PT FIF Report for 2025;
4. Laporan APU PPT & PPPSPM; dan                                4. AML/CFT & CPF Report; and
5. Laporan Kepada Governing Body & Top Management.              5. Report to the Governing Body & Top Management.




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Pencapaian Indikator Kepatuhan Tahun 2025
Achievement of Compliance Indicators in 2025

Sepanjang 2025, Perseroan memantau dan mengevaluasi                Throughout 2025, the Company monitored and evaluated
indikator kinerja kepatuhan sesuai ketentuan yang berlaku.         compliance performance indicators in accordance with
Tabel berikut menunjukkan capaian Perseroan terhadap               applicable regulations. The following table shows the
parameter utama, termasuk rasio keuangan dan kualitas              Company’s achievements against key parameters, including
portofolio pembiayaan:                                             financial ratios and financing portfolio quality:


                 Parameter                                  Persyaratan                                 Kepatuhan
                 Parameter                                 Requirements                                 Compliance

 Piutang Pembiayaan                                         Min. 40%                                       Patuh
 Financing Receivables                                                                                   Compliant

 Gearing Ratio                                              Min.10 kali                                    Patuh
                                                           Min. 10 times                                 Compliant

 Equity Ratio                                               Min. 50%                                       Patuh
                                                                                                         Compliant

 Permodalan                                                  Min. 10%                                      Patuh
 Capital                                                                                                 Compliant

 Rasio Piutang Pembiayaan Produktif                          Min. 10%                                      Patuh
 Productive Financing Receivables Ratio                                                                  Compliant

 Piutang Pembiayaan Bermasalah                               Max. 5%                                       Patuh
 Non-Performing Financing Ratio (NPF)                                                                    Compliant


Hasil di atas menunjukkan bahwa seluruh indikator berada           The above results show that all indicators are within the specified
dalam batas yang ditetapkan sehingga mencerminkan                  limits, reflecting effective risk management and compliance.
pengelolaan risiko dan kepatuhan yang efektif.


Pengawasan Aktif Direksi dan/atau Dewan Komisaris terhadap Fungsi Kepatuhan
Active Supervision by the Board of Directors and/or Board of Commissioners over the Compliance
Function

Sepanjang tahun 2025, Direksi dan/atau Dewan Komisaris             Throughout 2025, the Board of Directors and/or Board of
secara aktif mengawasi pelaksanaan Fungsi Kepatuhan                Commissioners actively supervised the implementation of the
Perseroan untuk memastikan efektivitas dan konsistensi             Company’s Compliance Function to ensure the effectiveness
penerapan kebijakan serta prosedur kepatuhan. Pengawasan           and consistency of the application of compliance policies
ini mencakup pemantauan pelaksanaan program kepatuhan,             and procedures. This supervision includes monitoring the
evaluasi risiko yang terkait dengan ketidakpatuhan, dan            implementation of compliance programs, evaluating risks
peninjauan kesesuaian seluruh aktivitas Perseroan dengan           related to non-compliance, and reviewing the compliance of
peraturan perundang-undangan yang berlaku. Dengan                  all Company activities with applicable laws and regulations.
pendekatan ini, Direksi dan Dewan Komisaris memastikan             With this approach, the Board of Directors and Board of
Fungsi Kepatuhan tidak hanya berjalan secara efektif, tetapi       Commissioners acknowledge that the Compliance Function
juga menjadi pilar yang mendukung tata kelola perusahaan           not only operates effectively, but also serves as a pillar that
yang baik serta pencapaian tujuan strategis Perseroan.             supports good corporate governance and the achievement of
                                                                   the Company’s strategic objectives.




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Program Anti Pencucian Uang dan
Pencegahan Pendanaan Terorisme
(APU PPT) & Pencegahan Pendanaan
Proliferasi Senjata Pemusnah Massal
(PPPSPM)
Anti-Money Laundering and Counter-Terrorism Financing (AML/CFT) &
Counter-Proliferation Financing (CPF) Program



Perseroan berkomitmen penuh dalam menerapkan kebijakan            The Company is fully committed to implementing policies and
serta Program Anti Pencucian Uang dan Pencegahan                  programs related to Anti-Money Laundering and Counter-
Pendanaan Terorisme (APU PPT) maupun Pencegahan                   Terrorism Financing (AML/CFT) as well as Countering the
Pendanaan Proliferasi Senjata Pemusnah Massal (PPPSPM).           Proliferation Financing of Weapons of Mass Destruction
Program ini dijalankan untuk memastikan seluruh kegiatan          (CPF). This program is implemented to ensure that all of the
operasional perusahaan sudah berlangsung sesuai prinsip           company’s operational activities are carried out in accordance
kehati-hatian, mematuhi standar internasional Financial Action    with the principle of prudence, comply with the international
Task Force (FATF), serta memenuhi ketentuan POJK Nomor            standards of the Financial Action Task Force (FATF), and meet
8 Tahun 2023 tentang Penerapan Program Anti Pencucian             the provisions of POJK Number 8 of 2023 concerning the
Uang, Pencegahan Pendanaan Terorisme, dan Pencegahan              Implementation of Anti-Money Laundering, Counter-Terrorism
Pendanaan Proliferasi Senjata Pemusnah Massal di Sektor           Financing, and Counter-Proliferation Financing Programs in the
Jasa Keuangan.                                                    Financial Services Sector.

Bagi perusahaan pembiayaan, penerapan kebijakan ini sangat        For financing companies, the implementation of this policy is very
penting karena membantu mencegah risiko penyalahgunaan            important because it helps prevent the risk of misuse of financing
pembiayaan untuk kegiatan ilegal, sekaligus melindungi            for illegal activities, while protecting the Company’s reputation
reputasi Perseroan dan menjaga kepercayaan nasabah serta          and maintaining the trust of customers and stakeholders in the
pemangku kepentingan terhadap integritas dan keamanan             integrity and security of the company’s operations.
operasional perusahaan.

Implementasi program APU, PPT, & PPPSPM di Perseroan              The implementation of the AML/CFT, & CPF programs in the
dilaksanakan dengan berlandaskan pada 5 (lima) pilar utama        Company is carried out based on 5 (five) main pillars that are
yang saling terintegrasi, yaitu sebagai berikut:                  integrated with each other, namely as follows:

1. Pengawasan Aktif Direksi dan Dewan Komisaris                   1. Active Supervision by the Board of Directors and Board
                                                                     of Commissioners
   Direksi dan Dewan Komisaris secara aktif memastikan               The Board of Directors and Board of Commissioners actively
   pelaksanaan Program APU PPT & PPPSPM Perseroan                    ensure the implementation of the Company’s AML/CFT, &
   sesuai dengan ketentuan peraturan perundang-undangan              CPF Program in accordance with the applicable laws and
   yang berlaku. Peran kedua organ utama tersebut                    regulations. The roles of these two main governing bodies
   mencakup pengesahan Pedoman APU PPT & PPPSPM,                     include the approval of the AML/CFT, & CPF Guidelines,
   penetapan penanggung jawab program, serta pengawasan              the appointment of program managers, and the supervision
   pelaksanaan melalui review rutin yang dilakukan dalam             of implementation through regular reviews conducted at
   rapat Direksi dan Dewan Komisaris.                                Board of Directors and Board of Commissioners meetings.




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2. Kebijakan dan Prosedur                                           2. Policies and Procedures
   Dalam menjalankan Program APU PPT & PPPSPM,                         In implementing the AML/CFT, & CPF Program, the Company
   Perseroan menyadari pentingnya adanya aturan internal               recognizes the importance of internal rules that serve
   yang menjadi panduan implementasi bagi seluruh pihak                as guidelines for implementation by all relevant parties.
   terkait. Aturan ini dituangkan dalam Pedoman Penerapan              These rules are outlined in the AML/CFT, & CPF Program
   Program APU PPT & PPPSPM, yang dijabarkan lebih rinci               Implementation Guidelines, which are further detailed in
   melalui regulasi internal lainnya, termasuk Surat Keputusan,        other internal regulations, including Decrees, SOPs, and
   SOP, dan Working Instruction terkait.                               related Working Instructions.

3. Sistem Informasi Manajemen                                       3. Management Information System
   Dalam rangka meningkatkan efektivitas pemantauan                    In order to improve the effectiveness of monitoring
   terhadap profil calon debitur dan karakteristik transaksi,          the profiles of prospective debtors and transaction
   Perseroan mengimplementasikan sistem informasi                      characteristics, the Company implements a management
   manajemen yang mendukung proses identifikasi, analisis,             information system that supports the process of identifying,
   dan pengawasan transaksi. Sistem ini juga mencakup                  analyzing, and supervising transactions. This system also
   mekanisme cleansing untuk Daftar Terduga Teroris dan                includes a cleansing mechanism for the List of Suspected
   Organisasi Teroris (DTTOT), Daftar Pendanaan Proliferasi            Terrorists and Terrorist Organizations (DTTOT), the List of
   Senjata Pemusnah Massal (DPPSPM), serta daftar terkait              Counter-Terrorism Financing & Proliferation of Weapons of
   Judi Online.                                                        Mass Destruction (CPF), and lists related to Online Gambling.

4. Pengendalian Internal                                            4. Internal Control
   Aktivitas pengendalian internal di Perseroan dilakukan untuk        Internal control activities at the Company are conducted to
   memastikan Pedoman Penerapan Program APU PPT &                      ensure that the Guidelines for the Implementation of the
   PPPSPM diterapkan secara efektif, melalui regulasi internal         AML/CFT, & CPF Program are effectively applied, through
   yang relevan dan audit internal yang rutin dilaksanakan.            relevant internal regulations and regular internal audits.

5. Sumber Daya Manusia dan Pelatihan                                5. Human Capital and Training
   Perseroan memahami bahwa keberhasilan penerapan                     The Company understands that the successful
   Program APU PPT & PPPSPM sangat bergantung pada                     implementation of the AML/CFT, & CPF Program is highly
   integritas dan kompetensi pejabat serta karyawan. Oleh              dependent on the integrity and competence of its officers
   karena itu, Perseroan menerapkan proses seleksi yang ketat          and employees. Therefore, the Company implements a
   dan melakukan pemantauan terhadap seluruh karyawan.                 rigorous selection process and monitors all employees.
   Selain menyelenggarakan proses rekrutmen, Perseroan                 In addition to conducting the recruitment process, the
   rutin menyelenggarakan pelatihan APU PPT & PPPSPM                   Company regularly conducts AML/CFT, & CPF training at
   setidaknya sekali setiap tahun yang dievaluasi melalui ujian        least once a year, which is evaluated through a series of
   dalam rangkaian development program.                                development program exams.

Selain mengacu pada kelima pilar utama, Perseroan juga              Besides referring to the five main pillars, the Company also
melaksanakan sejumlah inisiatif tambahan untuk memperkuat           implements a number of additional initiatives to strengthen
efektivitas Program APU PPT & PPPSPM, yaitu:                        the effectiveness of the AML/CFT, & CPF Program, namely:
1. Customer Due Diligence (CDD) & Enhanced Due Diligence            1. Customer Due Diligence (CDD) & Enhanced Due Diligence
   (EDD)                                                                (EDD)
   Perseroan melakukan uji tuntas melalui identifikasi dan              The Company conducts due diligence through the
   verifikasi calon nasabah, serta analisis lanjutan terhadap           identification and verification of prospective customers,
   nasabah dengan risiko tinggi (high risk customer).                   as well as further analysis of high-risk customers.

2. Pemenuhan Kewajiban Pelaporan                                    2. Fulfillment of Reporting Obligations
   Perseroan secara konsisten melaksanakan kewajiban                   The Company consistently fulfills its reporting obligations
   pelaporan, baik kepada regulator, Konglomerasi Keuangan             to regulators, Astra Financial Conglomerate, and internal
   Astra, maupun pihak internal Perseroan, sebagai bagian dari         parties as part of its efforts to ensure operational compliance
   upaya memastikan kepatuhan dan transparansi operasional.            and transparency.




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3. Pencegahan Pendanaan Terorisme & Proliferasi Senjata           3. Counter-Terrorism Financing & Proliferation of Weapons
   Pemusnah Massal                                                   of Mass Destruction
   Perseroan melaksanakan screening terhadap DTTOT,                  The Company conducts screening of the List of Suspected
   DPPSPM, dan daftar Judi Online, serta menerapkan blacklist        Terrorists and Terrorist Organizations (DTTOT), the List of
   dan menolak transaksi dari nasabah yang terkait.                  Proliferation Financing of Weapons of Mass Destruction
                                                                     (CPF), and online gambling activities, along with rejecting
                                                                     transactions related to such customers.


Struktur Organisasi dan Penanggung Jawab Program APU, PPT & PPPSPM
Organizational Structure and Persons Responsible for the AML/CFT, & CPF Programs

Pelaksanaan Program APU PPT & PPPSPM di Perseroan                 The implementation of the AML/CFT, & CPF Program in the
diterapkan secara menyeluruh, tidak hanya di kantor pusat         Company is applied comprehensively, not only at the head
tetapi juga di seluruh cabang. Di kantor pusat, program           office but also in all branches. At the head office, the AML/
Program APU PPT & PPPSPM dijalankan oleh Division Head            CFT, & CPF Program is conducted by the Division Head as the
sebagai penanggung jawab utama, sementara di setiap cabang        main person in charge, while at each branch, this responsibility
tanggung jawab tersebut dipegang oleh Kepala Cabang. Secara       is held by the Branch Manager. Overall, the AML/CFT, & CPF
keseluruhan, Fungsi APU PPT & PPPSPM berada di bawah              Function is under the President Director who supervises the
Presiden Direktur yang membawahi Fungsi Kepatuhan sehingga        Compliance Function so that the coordination and supervision
alur koordinasi dan pengawasan program senantiasa dapat           of the program can always operate consistently throughout
berjalan konsisten di seluruh organisasi.                         the organization.


Profil Pengelola APU, PPT, dan PPPSPM
Profile of AML/CFT, & CPF Management

Berdasarkan Surat Keputusan Direksi No. 006/FIFGROUP/             Based on Board of Directors Decree No. 006/FIFGROUP/
SK-DIR/VI/2025, Perseroan menunjuk Compliance &                   SK-DIR/VI/2025, the Company appointed the Compliance &
Standardization Division Head sebagai Kepala APU, PPT, &          Standardization Division Head as the Head of AML/CFT, &
PPPSPM. Dalam menjalankan tugasnya, beliau bertanggung            CPF. In carrying out his duties, he is responsible for formulating
jawab untuk merumuskan kebijakan, mengkoordinasikan               policies, coordinating implementation, and supervising the
pelaksanaan, dan mengawasi efektivitas program di seluruh         effectiveness of the program in all work units, both at the head
unit kerja, baik di kantor pusat maupun cabang.                   office and branches.


 Nama                          Billy Yonathan
 Name

 Usia                          40 tahun
 Age                           40 years old

 Kewarganegaraan               WNI
 Citizenship                   Indonesian

 Domisili                      Tangerang, Banten
 Domicile

 Dasar Penunjukan              Surat Keputusan Direksi No. 006/FIFGROUP/SK-DIR/VI/2025
 Legal Basis of Appointment    Board of Directors’ Decree No. 006/FIFGROUP/SK-DIR/VI/2025

 Riwayat Pendidikan            Sarjana Manajemen, Universitas Katolik Parahyangan (2010)
 Educational Background        Bachelor of Management, Parahyangan Catholic University (2010)




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Riwayat Pekerjaan             •    Corporate Planning & Business Development Officer (2010)
Career History                •    Business Development Officer (2010-2011)
                              •    CRM On-Line Sub Department Head (2011-2014)
                              •    Business & Process Development Sub Department Head (2014-2017)
                              •    Business & Process Development Department Head (2017-2024)
                              •    Compliance and Standardization Deputy Division Head (2024-sekarang)

                              •    Corporate Planning & Business Development Officer (2010)
                              •    Business Development Officer (2010-2011)
                              •    CRM Online Sub-Department Head (2011-2014)
                              •    Business & Process Development Sub Department Head (2014-2017)
                              •    Business & Process Development Department Head (2017-2024)
                              •    Compliance and Standardization Deputy Division Head (2024-present)

Rangkap Jabatan               -
Concurrent Position

Hubungan Afiliasi             Tidak memiliki hubungan afiliasi dengan anggota Komisaris, Direksi, dan pemegang saham
Affiliated Relationship       No affiliation with members of the Board of Commissioners, Board of Directors, and shareholders



Tugas dan Tanggung Jawab Pengelola APU, PPT dan PPPSPM
Duties and Responsibilities of AML/CFT, & CPF Management

Uraian tugas dan tanggung jawab pengelola Program APU, PPT,       The duties and responsibilities of the
& PPPSPM di Perseroan meliputi beberapa aspek utama, yaitu:       AML/CFT, & CPF Program Management in the Company
                                                                  includes several key aspects, namely:
1. Menyusun dan melakukan pengkinian kebijakan APU PPT            1. Formulating and updating AML/CFT, & CPF policies;
   & PPPSPM;
2. Melakukan Analisa penilaian risiko APU PPT & PPPSPM;           2. Conducting risk assessment analysis for AML/CFT, & CPF;
3. Memastikan penerapan program APU PPT & PPPSPM                  3. Ensuring the effective implementation of the AML/CFT, &
   dijalankan di ruang lingkup perusahaan secara efektif;            CPF programs within the scope of the company;
4. Melakukan literacy terkait APU PPT & PPPSPM.                   4. Conducting literacy programs related to AML/CFT, & CPF.


Pelaksanaan Program APU, PPT, & PPPSPM Tahun 2025
Implementation of the AML/CFT, & CPF Programs in 2025


Pada tahun 2025, Perseroan telah melaksanakan sejumlah            In 2025, the Company has carried out a number of activities
kegiatan sehubungan dengan upaya peningkatan kualitas             related to efforts to improve the quality of the implementation
penerapan Program APU, PPT, & PPPSPM, antara lain:                of the AML/CFT, & CPF Programs, including:

1. Pengawasan Aktif Direksi dan Dewan Komisaris                   1. Active Supervision by the Board of Directors and Board
                                                                     of Commissioners
   Perseroan telah melaksanakan mekanisme pengawasan                 The Company has implemented a mechanism for
   penerapan program APU PPT & PPPSPM melalui                        supervising the implementation of the AML/CFT, & CPF
   pengesahan Pedoman APU PPT & PPPSPM tahun 2025                    programs through the approval of the 2025 AML/CFT, & CPF
   dan telah dilakukan pembahasan APU PPT & PPPSPM pada              Guidelines and has discussed the AML/CFT, & CPF at two (2)
   rapat Direksi dan Dewan Komisaris sebanyak 2 (dua) kali.          Board of Directors and Board of Commissioners meetings.

2. Kebijakan dan Prosedur                                         2. Policies and Procedures
   Perseroan telah membuat suatu regulasi internal yang              The Company has established internal regulations governing
   mengatur keseluruhan pelaksanaan APU PPT & PPPSPM                 the overall implementation of AML/CFT, & CPF in the form
   berupa Pedoman Penerapan Program APU PPT & PPPSPM,                of the AML/CFT, & CPF Implementation Guidelines, along
   beserta regulasi internal turunannya baik yang berbentuk          with its subsidiary internal regulations, both in the form of
   policy maupun berbentuk prosedur.                                 policies and procedures.



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3. Sistem Informasi Manajemen                                   3. Management Information System
   Perseroan memiliki sistem internal APU PPT untuk                The Company has an internal AML/CFT system to identify
   mengidentifikasi dan melakukan analisa High Risk Customer       and analyze High Risk Customers for Money Laundering,
   atas Tindak Pidana Pencucian Uang, Tindak Pidana                Terrorism Financing, and Proliferation Financing of Weapons
   Pendanaan Terorisme, dan Pendanaan Proliferasi Senjata          of Mass Destruction (AML/CFT, & CPF).
   Pemusnah Massal (TPPU, TPPT, dan PPSPM).

4. Pengendalian Internal                                        4. Internal Control
   Mekanisme pengawasan dan control pelaksanaan APU                The mechanism for monitoring and controlling the
   PPT & PPPSPM di Perseroan juga dilakukan melalui proses         implementation of AML/CFT, & CPF in the Company is
   audit internal APU PPT & PPPSPM.                                also carried out through the AML/CFT, & CPF internal
                                                                   audit process.

5. Sumber Daya Manusia dan Pelatihan                            5. Human Capital and Training
   Untuk senantiasa meningkatkan knowledge dan kompetensi          To continuously improve employee knowledge and
   karyawan terhadap APU PPT & PPPSPM, Perseroan telah             competence in AML/CFT, & CPF, the Company has
   melaksanakan pelatihan APU PPT & PPPSPM bagi karyawan           conducted AML/CFT, & CPF training for employees through
   melalui mekanisme training dan modul E-Learning.                training mechanisms and E-Learning modules.

Selain mengacu pada kelima pilar utama, Perseroan juga          Not only referring to the five main pillars, but the Company also
melaksanakan sejumlah inisiatif tambahan untuk memperkuat       implements a number of additional initiatives to strengthen the
efektivitas Program APU PPT & PPPSPM, yaitu:                    effectiveness of the AML/CFT, & CPF Program, namely:
1. Customer Due Diligence (CDD) & Enhanced Due Diligence        1. Customer Due Diligence (CDD) & Enhanced Due Diligence
   (EDD)                                                            (EDD)
   Perusahaan telah melaksanakan CDD melalui identifikasi           The company has implemented CDD by identifying the
   identitas & dokumen calon customer pada setiap proses            identity and documents of prospective customers in every
   order. Adapun proses EDD dilakukan secara rutin melalui          order process. The EDD process is done routinely by
   pembuatan laporan analisa bulanan terhadap customer              preparing monthly analysis reports on customers who are
   yang terjaring parameter High Risk APU PPT & PPPSPM.             classified as High-Risk AML/CFT, & CPF.

2. Pemenuhan Kewajiban Pelaporan                                2. Reporting Obligations
   Kewajiban pelaporan terhadap Regulator, Konglomerasi            Reporting obligations to regulators, Astra Financial
   Keuangan Astra, serta internal Perseroan, di antaranya:         Conglomerate, and internal companies, including:
   a. Penilaian Risiko APU PPT (Aplikasi Pelaporan Online          a. AML/CFT Risk Assessment (FSA Online Reporting
      OJK/ APOLO);                                                    Application/APOLO);
   b. Dokumen Penilaian Risiko (Individual Risk Assessment);       b. Risk Assessment Documents (Individual Risk
                                                                      Assessment);
   c. Laporan Pemblokiran Serta Merta DTTOT/DPPSPM;                c. DTTOT/DPPSPM Immediate Blocking Report (Anti-
      (Sistem Informasi Program Anti Pencucian Uang dan               Money Laundering and Counter-Terrorism Financing
      Pencegahan Pendanaan Terorisme/SIGAP) ;                         Program Information System/SIGAP);
   d. Pengkinian Data Nasabah;                                     d. Customer Data Update;
   e. Laporan Transaksi Keuangan Mencurigakan;                     e. Suspicious Financial Transaction Report ;
   f. Laporan Pengguna Jasa Baru (Sistem Informasi                 f. New Service User Report (Integrated Service User
      Pengguna Jasa Terpadu/ SIPESAT );                               Information System/SIPESAT;
   g. Laporan Watchlist DTTOT (Sistem Informasi Terduga            g. DTTOT Watchlist Report (Terrorism Financing Suspect
      Pendanaan Terorisme/SIPENDAR );                                 Information System/SIPENDAR;
   h. Financial Integrity Rating Report.                           h. Financial Integrity Rating Report.




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3. Pencegahan Pendanaan Terorisme & Proliferasi Senjata           3. Prevention of Terrorism Financing & Proliferation of
   Pemusnah Massal                                                   Weapons of Mass Destruction
   Perseroan telah melakukan pemadanan data DTTOT,                   The Company has matched the List of Suspected
   DPPSPM, dan Judi Online ke dalam sistem internal untuk            Terrorists and Terrorist Organizations, the List of Funding
   dilakukan screening & blacklist terhadap calon customer           of Proliferation of Weapons of Mass Destruction, and Online
   dan karyawan yang match dengan data tersebut.                     Gambling data into its internal system to screen and blacklist
                                                                     prospective customers and employees who match the data.


Kasus Hukum Terkait APU, PPT, dan PPPSPM Tahun 2025
Legal Cases Related to AML/CFT, & CPF in 2025


Perseroan memastikan seluruh kegiatan usaha dijalankan            The Company ensures that all business activities are carried
dengan taat dan patuh terhadap peraturan perundang-               out in compliance with the laws and regulations applicable
undangan yang berlaku di industri pembiayaan. Melalui             in the financing industry. Through the implementation of the
penerapan Program APU, PPT, & PPPSPM yang disosialisasikan        AML/CFT, & CPF Program, which is regularly disseminated to
secara berkala kepada karyawan, Perseroan tidak mencatat          employees, the Company did not record any cases related to
adanya kasus terkait pencucian uang, pendanaan terorisme,         money laundering, terrorist financing, or proliferation financing
maupun pendanaan proliferasi senjata pemusnah massal di           of weapons of mass destruction in 2025.
tahun 2025.


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)


Perusahaan memperoleh nilai FIR on ML/TF sebesar 9,49             The Company obtained a FIR on ML/TF score of 9.49
(SANGAT BAIK).Hal ini menunjukan bahwa tingkat komitmen           (EXCELLENT). This shows the Company’s EXCELLENT level
yang SANGAT BAIK dari Perusahaan dalam mendukung PPATK            of commitment in supporting PPATK and Law Enforcement
dan Aparat Penegak Hukum untuk melakukan penelusuran              Agencies in tracing financial transactions related to indications
transaksi keuangan terkait indikasi TPPU/TPPT/PPSPM,              of AML/CFT, & CPF, implementing AML/CFT, & CPF reporting
mengimplementasikan tata Kelola pelaporan APU PPT dan             governance in accordance with LPP provisions and PPATK
PPPSPM sesuai ketentuan LPP dan pedoman pelaporan                 reporting guidelines, as well as the level of compliance with
PPATK serta tingkat kepatuhan terhadap kewajiban pelaporan        AML/CFT, & CPF reporting obligations to PPATK and the quality
APU PPT dan PPPSPM kepada PPATK dan kualitas laporan              of reports submitted.
yang disampaikan.


Rencana Kerja APU, PPT, & PPPSPM Tahun 2026
AML/CFT, & CPF Work Plan for 2026


Pada tahun 2026 mendatang, Perseroan memastikan                   In 2026, the Company will ensure the effective implementation
pelaksanaan program APU PPT & PPPSPM dijalankan secara            of the AML/CFT, & CPF program within the scope of the
efektif di dalam ruang lingkup Perseroan yang didukung            Company, supported by the development of a system to
dengan pengembangan sistem untuk mendukung proses                 support the analysis, reporting, and monitoring of AML/CFT,
analisa, reporting, dan monitoring APU PPT & PPPSPM, serta        & CPF, as well as monitoring negative news related to AML/CFT,
pemantauan berita negatif terkait APU PPT & PPPSPM untuk          & CPF to identify potential compliance risks and strengthen
melakukan identifikasi potensi risiko kepatuhan dan penguatan     internal controls.
pengendalian internal.




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Perkara Hukum
Legal Cases




Perkara Hukum yang Dihadapi Perseroan Tahun 2025
Legal Cases Faced by the Company in 2025

Kasus Hukum Perdata & Pidana                                        Civil & Criminal Legal Cases
Sepanjang tahun 2025, tidak terdapat kasus hukum perdata            Throughout 2025, there were no civil or criminal legal cases
maupun pidana yang berdampak material terhadap Perseroan.           that had a material impact on the Company.


Perkara Hukum yang Dihadapi oleh Anggota Dewan Komisaris dan Direksi Perseroan
Legal Cases Involving Members of the Board of Commissioners and Directors


Selama tahun 2025, seluruh anggota Dewan Komisaris                  Throughout 2025, all members of the Company’s Board of
dan Direksi Perseroan yang sedang menjabat tidak pernah             Commissioners and Board of Directors who were in office were
tersangkut atau terlibat dalam suatu kasus dan/atau perselisihan    never involved in any civil and/or criminal cases and/or disputes.
perdata dan/atau pidana.


Perkara Hukum yang Dihadapi Entitas Anak Tahun 2025
Legal Cases Faced by Subsidiaries in 2025


Sampai dengan akhir 2025, Perseroan tidak memiliki Entitas          As of the end of 2025, the Company does not have any
Anak sehingga tidak terdapat permasalahan hukum yang                Subsidiaries, so there are no legal issues faced by the
dihadapi oleh Entitas Anak Perseroan.                               Company’s Subsidiaries.


Perkara Penting yang Dihadapi oleh Anggota Dewan Komisaris dan Direksi Entitas Anak
Important Cases Faced by Members of the Board of Commissioners and Board of Directors of
Subsidiaries


Hingga akhir tahun 2025, Perseroan tidak memiliki Entitas           Until the end of 2025, the Company has no Subsidiaries,
Anak, sehingga tidak terdapat permasalahan hukum yang               and there are no legal issues faced by the Company’s
dihadapi oleh Entitas Anak Perseroan. Dengan demikian, tidak        Subsidiaries. Consequently, there are no legal issues involving
ada permasalahan hukum yang melibatkan anggota Dewan                members of the Board of Commissioners or Directors of the
Komisaris maupun Direksi Entitas Anak Perseroan.                    Company’s Subsidiaries.


Dampak Permasalahan Hukum terhadap Perseroan
Impact of Legal Issues on the Company


Permasalahan hukum yang dihadapi Perseroan sepanjang tahun          The legal issues faced by the Company throughout 2025 did
2025 tidak menimbulkan dampak material terhadap status,             not have a material impact on the status, position, or going
posisi, ataupun keberlangsungan kegiatan usaha Perseroan.           concern ( ) of the Company’s business activities.




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Sanksi Administratif
Administrative Sanctions




Sanksi Administratif dari Regulator
Administrative Sanctions from Regulators

Pada tahun 2025, tidak terdapat sanksi administratif yang       In 2025, there were no material administrative sanctions
berdampak material dari pihak regulator terhadap Perseroan.     imposed by regulators on the Company.




Sanksi atas Ketidakpatuhan terhadap Hukum atau Peraturan Terkait dengan Transaksi Pihak
Berelasi yang Signifikan atau Material
Sanctions for Non-Compliance with Laws or Regulations Related to Significant or Material Related
Party Transactions


Tidak ada kasus ketidakpatuhan terhadap hukum, aturan dan       There were no cases of non-compliance with laws, rules, and
peraturan yang berkaitan dengan transaksi dengan pihak          regulations related to transactions with related parties that had
berelasi yang berdampak material terhadap Perseroan.            a material impact on the Company.




Sanksi dari Regulator Terkait Peristiwa Penting
Sanctions from Regulators Related to Material Events


Sepanjang tahun 2025, Perseroan tidak pernah mendapatkan        Throughout 2025, the Company never received sanctions from
sanksi dari regulator yang disebabkan oleh tidak membuat        regulators due to failure to make announcements within the
pengumuman dalam jangka waktu yang ditentukan untuk             specified time frame for material events.
peristiwa penting (material event).




Sanksi Pelanggaran Hukum Terkait Masalah Perburuhan/ Ketenagakerjaan/Konsumen/
Kepailitan/Komersial/Persaingan atau Lingkungan Hidup
Sanctions for Legal Violations Related to Labor/Employment/Consumer/Bankruptcy/Commercial/
Competition or Environmental Issues


Perseroan tidak mencatatkan adanya pelanggaran hukum            The Company did not record any legal violations related
apa pun yang berkaitan dengan masalah perburuhan/               to labor/employment/consumer/bankruptcy/commercial/
ketenagakerjaan/konsumen/kepailitan/komersial/persaingan        competition or environmental issues.
atau lingkungan hidup.




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Sanksi Terkait Peraturan Pencatatan Obligasi
Sanctions Related to Bond Listing Regulations

Sepanjang tahun 2025, Perseroan tidak menerima sanksi                Throughout 2025, the Company did not receive any material
administratif yang bersifat material terkait ketentuan pencatatan    administrative sanctions related to the Indonesian Capital
obligasi. Hal ini mencerminkan komitmen Perseroan dalam              Market and Financial Institutions Supervisory Agency bond
menjaga kepatuhan terhadap seluruh regulasi, ketentuan, serta        listing requirements. This reflects the Company’s commitment
peraturan pencatatan yang ditetapkan oleh regulator maupun           to maintaining compliance with all regulations, provisions, and
Self-Regulatory Organization (SRO), termasuk pemenuhan               listing requirements set by regulators and Self-Regulatory
kewajiban pengungkapan dan pelaporan secara transparan.              Organizations (SROs), including fulfilling disclosure and
                                                                     reporting obligations in a transparent manner.


Sanksi Terkait Peraturan Perpajakan
Sanctions Related to Tax Regulations


Sepanjang tahun 2025, Perseroan tidak menerima sanksi                Throughout 2025, the Company did not receive any sanctions
yang bersifat ketidakpatuhan dalam pemenuhan kewajiban               related to non-compliance with its tax obligations.
perpajakan.




Kerangka Governansi, Pengelolaan
dan Pengendalian Aspek Perpajakan
Governance, Management, and Control Framework for Taxation



Dalam menjalankan bisnis pembiayaan, Perseroan selalu patuh          In conducting its financing business, the Company always
pada regulasi yang berlaku termasuk memastikan pemenuhan             complies with applicable regulations, including ensuring that
aspek perpajakan sudah sesuai dengan peraturan perpajakan            tax aspects are in accordance with applicable tax regulations
yang berlaku di Indonesia. Kepatuhan Perseroan terhadap              in Indonesia. The Company’s tax compliance is one of the
perpajakan merupakan salah satu bentuk kontribusi Perseroan          Company’s contributions to nation-building. As of December 31,
dalam membangun negara. Hingga 31 Desember 2025,                     2025, the Company has not received any warnings regarding
Perseroan tidak mendapat teguran yang bersifat ketidakpatuhan        non-compliance in fulfilling its tax obligations.
dalam pemenuhan kewajiban perpajakan.




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Akses Informasi dan Data Perseroan
Access to Company Information and Data




Perseroan berkomitmen untuk senantiasa menerapkan prinsip           The Company is committed to consistently applying the
transparansi sebagai salah satu pilar utama implementasi            principle of transparency as one of the main pillars of GCG
GCG. Dalam mewujudkan komitmen tersebut, Perseroan                  implementation. In realizing this commitment, the Company
menyediakan kemudahan akses terhadap informasi dan data             provides easy access to company information and data for all
perusahaan bagi seluruh pemangku kepentingan, baik yang             stakeholders, both financial and non-financial, through various
bersifat keuangan maupun non-keuangan, melalui berbagai             available communication channels, such as social media, official
kanal komunikasi yang tersedia, seperti media sosial, situs web     websites, email blasts, public presentations for debtors and
resmi, email blast, paparan publik bagi debitur dan masyarakat,     the community, press releases, and internal communication
siaran pers, serta media komunikasi internal yang ditujukan         media intended for employees.
bagi karyawan.

Melalui situs web resmi Perseroan, para pemangku kepentingan        Through the Company’s official website, stakeholders can
dapat mengakses beragam informasi penting mengenai                  access a variety of important information about the Company,
Perseroan, termasuk Laporan Tahunan dan Laporan Keuangan            including Annual Reports and Annual Financial Reports. The
Tahunan. Sarana penyediaan informasi dan komunikasi yang            means of providing information and communication utilized by
dimanfaatkan Perseroan dijelaskan sebagai berikut:                  the Company are described as follows:


Situs Web
Website




Perseroan mengoptimalkan situs web resmi (www.fifgroup.             The Company optimizes its official website (www.fifgroup.
co.id) sebagai platform utama dalam mendistribusikan informasi      co.id) as the main platform for distributing information in a
secara tepat waktu, relevan, jelas, akurat, dan mudah diakses       timely, relevant, clear, accurate, and easily accessible manner
oleh seluruh pemangku kepentingan. Seluruh informasi yang           to all stakeholders. All information presented on the website
disajikan pada situs web tersedia dalam 2 (dua) bahasa, yaitu       is available in two languages, namely Indonesian and English.
Bahasa Indonesia dan Bahasa Inggris. Perseroan melakukan            The Company regularly updates all website content to ensure




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pembaruan secara berkala terhadap seluruh konten situs web          the accuracy and suitability of the information presented to
guna menjamin keakuratan dan kesesuaian informasi yang              the public.
disampaikan kepada publik.

Pengelolaan situs web dilakukan sesuai dengan ketentuan             The website is managed in accordance with the provisions of
POJK No. 8/POJK.04/2015 tentang Situs Web Emiten dan/atau           POJK No. 8/POJK.04/2015 concerning Issuers’ and/or Public
Perusahaan Publik, serta mengacu pada kebijakan komunikasi          Companies’ Websites, as well as referring to the Company’s
Perseroan yang mengatur tata kelola pengungkapan informasi          communication policy that regulates the governance of
dan perlindungan data rahasia perusahaan.                           information disclosure and protection of the company’s
                                                                    confidential data.

Bursa Efek Indonesia
Indonesia Stock Exchange


Dalam kapasitasnya sebagai emiten penerbit obligasi di Bursa        In its capacity as a bond issuer on the Indonesia Stock Exchange
Efek Indonesia (BEI), Perseroan memiliki kewajiban untuk            (IDX), the Company has an obligation to submit periodic reports
menyampaikan laporan berkala kepada OJK dan BEI sebagai             to the FSA and IDX as a form of implementing the principle
bentuk penerapan prinsip keterbukaan informasi. Langkah ini         of information disclosure. This step reflects the Company’s
mencerminkan tanggung jawab Perseroan untuk memastikan              responsibility to ensure that all material information, including
seluruh informasi material, termasuk perubahan pengurus             changes in management and bond payment capabilities, is
dan kemampuan pembayaran obligasi, disampaikan secara               disclosed transparently to the public.
transparan kepada publik.


Kantor Pusat
Head Office


Perseroan menyediakan akses langsung bagi pemangku                  The Company provides direct access for stakeholders who
kepentingan yang membutuhkan informasi tambahan mengenai            require additional information regarding the Company’s
kegiatan usaha Perseroan melalui kunjungan ke kantor pusat          business activities through visits to the head office located at:
yang beralamat di:




                    MENARA FIF                                FIF TOWER
                    Jl. T.B. Simatupang No.Kav. 15            Jl. T.B. Simatupang No.Kav. 15
                    RT.4/RW.1, Lebak Bulus, Cilandak          RT.4/RW.1, Lebak Bulus, Cilandak
                    Kota Jakarta Selatan, DKI Jakarta 12440   South Jakarta City, Jakarta Special Capital Region 12440




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Media Sosial
Social Media

Sebagai bagian dari strategi komunikasi digital, Perseroan         As part of its digital communication strategy, the Company
memanfaatkan peran media sosial untuk memperluas                   utilizes social media to expand the reach of information
jangkauan informasi dan memperkuat interaksi dengan publik.        and strengthen interaction with the public. Through four (4)
Melalui 4 (empat) akun media sosial resmi yang dikelola secara     official social media accounts that are professionally managed,
profesional, Perseroan memastikan penyampaian informasi            the Company ensures that information is delivered quickly,
berlangsung cepat, relevan, dan menarik. Tampilan visual yang      relevantly, and attractively. Informative visual displays also
informatif turut mendukung efektivitas penyebaran informasi        support the effective dissemination of information without
tanpa batas geografis.                                             geographical boundaries.




               Facebook                                    Instagram                                       X
               FIFCLUB                                     FIFCLUB                                         FIFCLUB


            YouTube                               TikTok                             Telegram
            FIFCLUB                               FIFCLUB                            FIFGROUPFIONA_BOT

Dengan menyajikan berbagai konten informatif dan interaktif,       By presenting a variety of informative and interactive content,
Perseroan terus berupaya membangun hubungan yang positif           the Company continues to strive to build positive relationships
dengan publik serta memperkuat citra korporasi yang tepercaya.     with the public and strengthen its image as a trusted corporation.
Selain itu, media sosial juga dimanfaatkan sebagai platform        Social media is also used as an educational platform to increase
edukatif untuk meningkatkan literasi keuangan di kalangan          financial literacy among the digital community, in line with the
masyarakat digital, sejalan dengan komitmen Perseroan dalam        Company’s commitment to providing social added value.
memberikan nilai tambah sosial.


Korespondensi dan Pelaporan Berkala kepada Regulator
Correspondence and Periodic Reporting to Regulators


Perseroan memastikan kepatuhan terhadap kewajiban                  The Company ensures compliance with its periodic reporting
pelaporan berkala kepada regulator melalui penyampaian             obligations to regulators by providing transparent, accurate, and
informasi yang transparan, akurat, dan tepat waktu. Sepanjang      timely information. Throughout 2025, the Company has fulfilled
tahun 2025, Perseroan telah memenuhi seluruh kewajiban             all of these reporting obligations, with the following details:
pelaporan tersebut dengan rincian sebagai berikut:

1. Korespondensi dan Pelaporan Berkala kepada Regulator            1. Correspondence and Periodic Reporting to Regulators
   Sebagai bagian dari penerapan prinsip transparansi dan             As part of the implementation of the principles of
   akuntabilitas, Perseroan menjalin komunikasi aktif dengan          transparency and accountability, the Company maintains
   regulator. Adapun daftar korespondensi antara Perseroan            active communication with regulators. The list of
   dan regulator selama tahun 2025 adalah sebagai berikut:            correspondence between the Company and regulators
                                                                      during 2025 is as follows:




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                   Bentuk Korespondensi                        Tujuan                  Periode Pelaporan             Frekuensi (kali)
                  Form of Correspondence                      Purpose                   Reporting Period            Frequency (times)

    Laporan Keuangan                                         BEI dan OJK                    Triwulan                        4
    Financial Statements                                     IDX and FSA                    Quarter

    Laporan Keuangan Tahunan                                 BEI dan OJK                    Tahunan                          1
    Annual Financial Statements                              IDX and FSA                     Annual

    Laporan Tahunan dan Laporan Keberlanjutan                BEI dan OJK                    Tahunan                          1
    Annual Report and Sustainability Report                  IDX and FSA                     Annual

    Laporan Hasil Evaluasi Komite Audit terhadap             BEI dan OJK                    Tahunan                          1
    Pelaksanaan Pemberian Jasa Audit oleh                    IDX and FSA                     Annual
    Kantor Akunan Publik

    Report on the Audit Committee's Evaluation
    of the Provision of Audit Services by Public
    Accounting Firms

    Penunjukan/Perubahan Kantor Akuntan Publik               BEI dan OJK                    Tahunan                          1
    dan/atau Akuntan Publik                                  IDX and FSA                     Annual

    Appointment/Change of Public Accounting
    Firm and/or Public Accountant

    Rapat Umum Pemegang Saham Tahunan                        BEI dan OJK                    Tahunan                          1
    Annual General Meeting of Shareholders                   IDX and FSA                     Annual

    Paparan Publik Tahunan                                      BEI                         Tahunan                          1
    Annual Public Presentation                                  IDX                          Annual



2. Publikasi Laporan Keuangan                                            2. Financial Report Publication
   Sepanjang tahun 2025, Perseroan telah melaksanakan                       Throughout 2025, the Company has published financial
   publikasi laporan keuangan serta kegiatan paparan publik                 reports and held public presentations as a form of
   sebagai bentuk transparansi kepada para pemangku                         transparency to stakeholders, with the following details:
   kepentingan, dengan rincian sebagai berikut:


                       Tanggal                      Tujuan                                             Perihal
        No.
                        Date                       Purpose                                             Subject

    1          24 Februari 2025            BEI dan OJK                Laporan Keuangan Tanggal 31 Desember 2024 PT Federal
               February 24, 2025           IDX and FSA                International Finance yang Telah Diaudit

                                                                      Audited Financial Statements of PT Federal International Finance as
                                                                      of December 31, 2024

    3          30 Juli 2025                BEI dan OJK                Laporan Keuangan Konsolidasian Interim Tanggal 30 Juni 2025 PT
               July 30, 2025               IDX and FSA                Federal International Finance yang Tidak Diaudit

                                                                      Interim Consolidated Financial Statements of PT Federal International
                                                                      Finance as of June 30, 2025 (Unaudited)

    4          31 Oktober 2025             BEI dan OJK                Laporan Keuangan Konsolidasian Interim Tanggal 30 September
               October 31, 2025            IDX and FSA                2025 PT Federal International Finance yang Tidak Diaudit
                                                                      Interim Consolidated Financial Statements as of September 30, 2025
                                                                      of PT Federal International Finance (Unaudited)




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3. Laporan Insidental kepada Regulator                                        3. Incidental Reports to Regulators
   Perseroan juga melaporkan laporan insidental kepada                           The Company also submitted incidental reports to the
   Regulator antara lain Laporan Penyampaian Kesiapan                            Regulator, including the Report on the Availability of Funds
   Dana Untuk Pelunasan Efek Bersifat Utang, Laporan                             for the Repayment of Debt Securities, the Report on the
   Penggunaan Dana Hasil Penawaran Umum, dan Laporan                             Use of Proceeds from the Public Offering, and the Report
   Perubahan Pengurus.                                                           on Changes in Management.

4. Paparan Publik                                                             4. Public Disclosure
   Dalam kapasitasnya sebagai Emiten, Perseroan berkomitmen                      In its capacity as an Issuer, the Company is committed to
   untuk mematuhi Ketentuan III.3.6 sebagaimana tercantum                        complying with Provision III.3.6 as stated in the Decree
   dalam Surat Keputusan Direksi PT Bursa Efek Indonesia                         of the Board of Directors of PT Bursa Efek Indonesia No.
   No. Kep-00066/BEI/09-2022 tanggal 30 September                                Kep-00066/BEI/09-2022 dated September 30, 2022,
   2022 tentang Perubahan Peraturan Nomor I-E mengenai                           concerning Amendments to Regulation Number I-E
   Kewajiban Penyampaian Informasi.                                              regarding Information Disclosure Obligations.


Siaran Pers
Press Releases


Dalam rangka menjalankan prinsip keterbukaan informasi,                       In order to uphold the principle of information disclosure, the
Perseroan senantiasa menyampaikan perkembangan penting                        Company consistently communicates important developments
perusahaan melalui penerbitan siaran pers. Publikasi ini                      through the issuance of press releases. These publications are
ditujukan untuk memastikan masyarakat memperoleh informasi                    intended to ensure that the public receives accurate, relevant,
yang akurat, relevan, dan terkini mengenai kegiatan Perseroan.                and up-to-date information regarding the Company’s activities.

Berikut merupakan siaran pers yang telah diterbitkan sepanjang                The following are the press releases published throughout 2025:
tahun 2025:


                                                  Judul Press Release                                                Tanggal Publikasi
     No.
                                                   Press Release Title                                                Publication Date

 1         600 UMKM dari 30 Kota Antusias Ikuti Program Inkubasi Sahabat FINATRA                                      16 Januari 2025
           600 MSMEs from 30 Cities Enthusiastically Participate in the FINATRA Friends Incubation Program           January 16, 2025

 2         FIFGROUP Dukung Pendidikan: 448 Anak Karyawan se-Indonesia Terima Beasiswa Prestasi                        25 Januari 2025
           FIFGROUP Supports Education: 448 Employees' Children Across Indonesia Receive Achievement                 January 25, 2025
           Scholarships

 3         FIFGROUP Sabet Empat Gelar pada Ajang Astra Corporate Affairs Awards 2024                                 03 Februari 2025
           FIFGROUP Wins Four Titles at the 2024 Astra Corporate Affairs Awards                                      February 3, 2025

 4         FIFGROUP Raih Penghargaan Best Women Empowerment Company Awards 2025                                      12 Februari 2025
           FIFGROUP Wins Best Women Empowerment Company Awards 2025                                                  February 12, 2025

 5         FIFGROUP Raih Penghargaan Indonesia Digital Sustainability Awards 2025                                    19 Februari 2025
           FIFGROUP Wins the Indonesia Digital Sustainability Awards 2025                                            February 19, 2025

 6         SPEKTRA Meriah Hadir Kembali di Bali,                                                                    23 Februari 2025
           Tawarkan Potongan Angsuran dan Cicilan Mulai dari 0%                                                     February 23, 2025
           SPEKTRA Meriah Returns to Bali,
           Offering Installment Discounts and Installments Starting at 0%

 7         FIFGROUP Meraih Dua Penghargaan Gold di WOW Brand Award 2025                                             26 Februari 2025
           FIFGROUP Wins Two Gold Awards at the WOW Brand Award 2025                                                February 26, 2025

 8         SPEKTRA Meriah Yogyakarta Tawarkan Cicilan Mulai 0% untuk Produk Elektronik dan Gadget                     03 Maret 2025
           SPEKTRA Meriah Yogyakarta Offers Installments Starting at 0% for Electronic Products and                   March 3, 2025
           Gadgets




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                                                  Judul Press Release                                         Tanggal Publikasi
  No.
                                                   Press Release Title                                         Publication Date

 9         FIFGROUP Hadirkan SPEKTRA Meriah di Dua Kota Secara Bersamaan                                       04 Maret 2025
           FIFGROUP Launches SPEKTRA Meriah in Two Cities Simultaneously                                       March 4, 2025

 10        Laba Bersih PT Federal International Finance FY 2024 Senilai Rp4,4 Triliun                          05 Maret 2025
           PT Federal International Finance's Net Profit for FY 2024 Reaches Rp4.4 Trillion                    March 5, 2025

 11        FIFGROUP Dukung Literasi Keuangan dalam Rangkaian KLiK Astra Financial di Medan                     14 Maret 2025
           FIFGROUP Supports Financial Literacy in the KLiK Astra Financial Series in Medan                    March 14, 2025

 12        Dukung Kesehatan Masyarakat, FIFGROUP Resmikan Kampung Sehat Kedua di Jakarta Selatan               18 Maret 2025
           Supporting Public Health, FIFGROUP Inaugurates Second Healthy Village in South Jakarta              March 18, 2025

 13        CEO FIFGROUP Terima Award Indonesia Best 50 CEO 2025                                                19 Maret 2025
           FIFGROUP CEO Receives Indonesia's Best 50 CEO Award 2025                                            March 19, 2025

 14        FIF Raih Triple A Awards Sustainable Finance 2025                                                  20 Maret 2025
           FIF Wins Triple A Awards for Sustainable Finance 2025                                              March 20, 2025

 15        FIFGROUP Peduli: Berbagi Takjil, Tebarkan Kebaikan dalam di Bulan Suci Ramadan                     26 Maret 2025
           FIFGROUP Peduli: Sharing Iftar snacks, Spreading Kindness During the Holy Month of Ramadan         March 26, 2025

 16        FIFGROUP Raih Penghargaan Top Digital Corporate Brand Award 2025                                   26 Maret 2025
           FIFGROUP Wins the Top Digital Corporate Brand Award 2025                                           March 26, 2025

 17        Sambut Idul Fitri, FIFGROUP Peduli Salurkan Bingkisan Lebaran bagi Warga Sekitar Kantor Pusat       27 Maret 2025
           dan Mitra                                                                                           March 27, 2025
           In Celebration of Eid al-Fitr, FIFGROUP Cares Distributes Eid Gifts to Residents Near the Head
           Office and Partners

 18        Silaturahmi Usai Idul Fitri, FIFGROUP Melaksanakan Bakti Sosial untuk 36 Panti Asuhan di Seluruh    15 April 2025
           Indonesia                                                                                           April 15, 2025
           Post-Eid al-Fitr Gathering, FIFGROUP Conducts Social Service for 36 Orphanages Across
           Indonesia

 19        Hasil RUPS Tahunan Tahun Buku 2024 PT Federal International Finance                                 21 April 2025
           Results of the 2024 Annual General Meeting of Shareholders of PT Federal International Finance      April 21, 2025

 20        Direktur FIFGROUP Terima Award Top Financial Woman Leaders 2025                                     25 April 2025
           FIFGROUP Director Receives Top Financial Woman Leaders 2025 Award                                   April 25, 2025

 21        FIFGROUP Nobatkan Guru Penggerak Literasi Keuangan sebagai Duta Menyala di Teacher                  29 April 2025
           Summit 2025                                                                                         April 29, 2025
           FIFGROUP Names Financial Literacy Teacher as Ambassador at Teacher Summit 2025

 22        Laba Bersih PT Federal International Finance Raih Rp1,13 Triliun di Kuartal I-2025                   02 Mei 2025
           PT Federal International Finance Reports Net Profit of Rp1.13 Trillion in Q1 2025                    May 2, 2025

 23        Berbagi Berkah Idul Adha: FIFGROUP Tebar 4 Sapi dan 497 Kambing Hingga Pelosok Negeri                09 Juni 2025
           Sharing Eid al-Adha Blessings: FIFGROUP Distributes 4 Cows and 497 Goats Across the Country          June 9, 2025

 24        FIFGROUP dan Asa Menuju Tempat Kerja Lebih Manusiawi                                                 02 Juli 2025
           FIFGROUP and the Vision for a More Humane Workplace                                                  July 2, 2025

 25        FIFGROUP Dorong Pemberdayaan UMKM Lewat FIFestival Kuliner 2025                                      08 Juli 2025
           FIFGROUP Promotes Empowerment of MSMEs Through FIFestival Kuliner 2025                               July 8, 2025

 26        FIFGROUP Gelar Talkshow Kesehatan & Workshop Daur Ulang di FIFestival 2025                           10 Juli 2025
           FIFGROUP Hosts Health Talk Show & Recycling Workshop at FIFestival 2025                              July 10, 2025

 27        Perkuat Komitmen Keberlanjutan, FIFGROUP Kembangkan Kampung Berseri Astra Binaan Kedua                15 Juli 2025
           di Sumatera Barat                                                                                    July 15, 2025
           Strengthening its Commitment to Sustainability, FIFGROUP Develops its Second Astra-Assisted
           Kampung Berseri in West Sumatra




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                                            Judul Press Release                                             Tanggal Publikasi
No.
                                             Press Release Title                                             Publication Date

28    FIFGROUP Gelar Inaugurasi dan Kick Off Program FIFPreneur: Dorong Purnabakti Jadi Pengusaha             29 Juli 2025
      FIFGROUP Holds Inauguration and Kick-Off for FIFPreneur Program: Encouraging Retirees to                July 29, 2025
      Become Entrepreneurs

29    Panen Hingga Cupping, FIFGROUP Ajak Mengenal Desa Sejahtera Astra Penghasil Kopi                        30 Juli 2025
      From Harvest to Cupping, FIFGROUP Invites You to Discover Astra's Prosperous Coffee-                    July 30, 2025
      Producing Village

30    Langkah Cerdas Ajukan Pembiayaan Motor Honda di GIIAS 2025 Lewat FIFGROUP                                31 Juli 2025
      Smart Steps to Apply for Honda Motorcycle Financing at GIIAS 2025 Through FIFGROUP                      July 31, 2025

31    FIFGROUP Kembali Raih Penghargaan di Ajang Non-Bank Financial Forum 2025                              02 Agustus 2025
      FIFGROUP Wins Another Award at the Non-Bank Financial Forum 2025                                       August 2, 2025

32    FIFGROUP Resmikan Integrasi Layanan Primer di Semarang, Dukung Transformasi Kesehatan                 05 Agustus 2025
      Nasional                                                                                               August 5, 2025
      FIFGROUP Launches Primary Service Integration in Semarang, Supporting National Health
      Transformation

33    FIFGROUP Raih Penghargaan Industry Marketing Champion 2025 di Riau                                    08 Agustus 2025
      FIFGROUP Wins 2025 Industry Marketing Champion Award in Riau                                           August 8, 2025

34    FIFGROUP Raih Penghargaan 6th PR Popular Companies Awards 2025                                        11 Agustus 2025
      FIFGROUP Wins the 6th PR Popular Companies Awards 2025                                                August 11, 2025

35    Pendaftaran Beasiswa FIFGROUP Young Leader 2025 Dibuka – Dukung Generasi Pemimpin                     13 Agustus 2025
      Muda                                                                                                  August 13, 2025
      FIFGROUP Young Leader 2025 Scholarship Registration Opens – Supporting the Next Generation
      Young Leaders

36    FIFGROUP Raih Penghargaan 18th Indonesia PR of The Year 2025                                          15 Agustus 2025
      FIFGROUP Wins the 18th Indonesia PR of the Year 2025 Award                                            August 15, 2025

37    Hajatan FIFGROUP Cabang Palembang: Apresiasi Konsumen                                                 16 Agustus 2025
      FIFGROUP Palembang Branch Event: Customer Appreciation                                                August 16, 2025

38    FIFGROUP Raih Penghargaan TOP GRC 2025, Berkat Tata Kelola yang Baik                                 08 September 2025
      FIFGROUP Wins TOP GRC 2025 Award, All Due to Good Governance                                         September 8, 2025

39    FIFGROUP Hajatan Bandar Jaya, Dukung Ekonomi & Dekatkan Layanan                                      12 September 2025
      FIFGROUP Bandar Jaya Event, Supporting the Economy & Bringing Services Closer                        September 12, 2025

40    Hajatan Cabang FIFGROUP Sanggau Suguhkan Layanan Keuangan, Promo Menarik, dan                        15 September 2025
      Komitmen Sosial                                                                                      September 15, 2025
      FIFGROUP Sanggau Branch Event Offers Financial Services, Attractive Promotions, and Social
      Commitment

41    Motor Impian Lebih Hemat Rp12,3 Juta, Hanya di FIFGROUP IMOS 2025                                    16 September 2025
      Dream Motorcycle Savings of Rp12.3 Million, Only at FIFGROUP IMOS 2025                               September 16, 2025

42    Perluas Pengelolaan Hutan, FIFGROUP Tegaskan Komitmen Keberlanjutan                                  19 September 2025
      Expanding Forest Management, FIFGROUP Affirms Its Commitment to Sustainability                       September 19, 2025

43    FIFGROUP Raih Platinum Winner di Ajang Continuous Improvement Convention 2025                        21 September 2025
      FIFGROUP Wins Platinum Award at the 2025 Continuous Improvement Convention                           September 21, 2025

44    Booth FIFGROUP di IMOS 2025 Resmi Dibuka, Sajikan Promo Spesial dan Hadiah Motor Honda              24 September 2025
      Lewat Pegang Asyik                                                                                  September 24, 2025
      FIFGROUP Booth at IMOS 2025 Officially Opens, Offering Special Promotions and Honda
      Motorcycle Prizes Through Pegang Asyik




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                                                Judul Press Release                                         Tanggal Publikasi
 No.
                                                 Press Release Title                                         Publication Date

 45        FIFASTRA Dukung Tim Honda Racing di MotoGP 2025, Hadirkan Mini Talkshow Inspiratif di IMOS      25 September 2025
           FIFASTRA Supports Honda Racing Team at MotoGP 2025, Presents Inspirational Mini Talk Show       September 25, 2025
           at IMOS

 46        FIFGROUP Kembali Raih Most Reputable Companies Award 2025                                       26 September 2025
           FIFGROUP Once Again Wins the Most Reputable Companies Award 2025                                September 26, 2025

 47        Gandeng Karakter Popejoyy, FIFGROUP Hadirkan Nuansa Pop Culture di IMOS 2025                    26 September 2025
           Partnering with Popejoyy Character, FIFGROUP Brings Pop Culture Vibes to IMOS 2025              September 26, 2025

 48        Hadir di IMOS 2025, FIFGROUP Dukung Kristian Hansen Jelajahi Nusantara                          27 September 2025
           At IMOS 2025, FIFGROUP Supports Kristian Hansen in Exploring the Archipelago                    September 27, 2025

 49        FIFASTRA Hadirkan Pengalaman Eksklusif, Temu Sapa Pelanggan Bersama Pembalap HRC Jelang          02 Oktober 2025
           MotoGP Mandalika                                                                                 October 2, 2025
           FIFASTRA Presents an Exclusive Experience, Meet and Greet Customers with HRC Riders Ahead
           of the Mandalika MotoGP

 50        FIFGROUP Bukukan Transaksi Rp7,9 Miliar di IMOS 2025                                             06 Oktober 2025
           FIFGROUP Records Rp7.9 Billion in Transactions at IMOS 2025                                      October 6, 2025

 51        FIFGROUP Raih Penghargaan The 7th Iconomics Indonesia Best Financial Awards 2025                 10 Oktober 2025
           FIFGROUP Wins The 7th Iconomics Indonesia Best Financial Awards 2025                             October 10, 2025

 52        Hajatan Cabang FIFGROUP Tasikmalaya Disambut Meriah, Hadirkan Promo Spesial dan Aksi             11 Oktober 2025
           Sosial                                                                                           October 11, 2025
           FIFGROUP Tasikmalaya Branch Celebration Welcomed with Enthusiasm, Featuring Special
           Promotions and Social Activities

 53        FIFGROUP Raih Penghargaan dalam Ajang Indonesia Corporate Sustainability Initiatives 2025        17 Oktober 2025
           FIFGROUP Wins Award at the Indonesia Corporate Sustainability Initiatives 2025 Event             October 17, 2025

 54        FIFGROUP Dukung Kesehatan dan Lingkungan: Bangun UKS di SDN 2 Bojongmenteng dan                  18 Oktober 2025
           Tanam 360 Pohon di Lebak, Banten                                                                 October 18, 2025
           FIFGROUP Supports Health and the Environment: Builds a School Health Unit at SDN 2
           Bojongmenteng and Plants 360 Trees in Lebak, Banten

 55        FIFGROUP Gelar Hajatan Cabang di Gorontalo, Tawarkan Promo Spesial dan Pengalaman                24 Oktober 2025
           Berkesan                                                                                         October 24, 2025
           FIFGROUP Holds Branch Event in Gorontalo, Offers Special Promotions and Memorable
           Experiences

 56        FIFGROUP Hajatan Pangkalpinang, hadirkanKemeriahan dan Wujudkan Impian Masyarakat                25 Oktober 2025
           FIFGROUP Event in Pangkalpinang Brings Excitement and Fulfills the Dreams of the Community       October 25, 2025

 57        Dampingi 770 UMKM, FIFGROUP Salurkan Pembiayaan Tanpa Bunga Rp2,9 Miliar                         28 Oktober 2025
           Supporting 770 MSMEs, FIFGROUP Distributes Interest-Free Financing of Rp2.9 Billion              October 28, 2025

 58        Direktur Marketing FIFGROUP Raih Indonesia Best CMO Awards 2025                                 02 November 2025
           FIFGROUP Marketing Director Wins Indonesia Best CMO Awards 2025                                 November 2, 2025

 59        Direktur FIFGROUP Dianugerahi Women in SDGs Action Award 2025                                   11 November 2025
           FIFGROUP Director Awarded Women in SDGs Action Award 2025                                       November 11, 2025

 60        FIFGROUP Dukung Pembangunan Rumah Ibadah Lima Agama di Bandung, Salurkan Bantuan                13 November 2025
           Rp216 Juta                                                                                      November 13, 2025
           FIFGROUP Supports the Construction of Five Religious Houses in Bandung, Distributes Aid Worth
           Rp216 Million

 61        FIFGROUP Cabang Sibolga Bantu SDN 02 Sibolga Julu                                               20 November 2025
           FIFGROUP Sibolga Branch Assists SDN 02 Sibolga Julu Elementary School                           November 20, 2025




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                                              Judul Press Release                                             Tanggal Publikasi
 No.
                                               Press Release Title                                             Publication Date

 62     FIFGROUP Hajatan Cabang Kendari, Dekatkan Diri dengan Warga dan Tawarkan Beragam                     21 November 2025
        Kemudahan Pembiayaan                                                                                 November 21, 2025
        FIFGROUP Kendari Branch Event, Getting Closer to the Community and Offering Various
        Financing Facilities

 63     Dukung Pertumbuhan UMKM, FIFGROUP Hadirkan Kembali Program Sahabat FINATRA 2025                      24 November 2025
        Supporting SME Growth, FIFGROUP Reintroduces the Sahabat FINATRA 2025 Program                        November 24, 2025

 64     Pembiayaan Berkelanjutan FIFGROUP Tembus Rp 1,62 Triliun                                             25 November 2025
        FIFGROUP's Sustainable Financing Reaches Rp1.62 Trillion                                             November 25, 2025

 65     Wujud Konsistensi Inklusif dan Kepedulian Sosial, FIFGROUP Surabaya Boyong Tiga Penghargaan          27 November 2025
        Demonstrating Consistent Inclusivity and Social Responsibility, FIFGROUP Surabaya Wins Three         November 27, 2025
        Awards

 66     FIFGROUP Kembali Gelar Program Young Leader 2025: Bentuk Generasi Pemimpin Masa Depan                 01 Desember 2025
        FIFGROUP Hosts Young Leader 2025 Program Again: Shaping the Future Generation of Leaders              December 1, 2025

 67     FIFGROUP Borong 3 Penghargaan dari Asosiasi Perusahaan Pembiayaan Indonesia (APPI)                   03 Desember 2025
        FIFGROUP Wins 3 Awards from the Indonesian Financing Companies Association (APPI)                    December 3, 2025

 68     FIFGROUP Raih Anugerah Brand Populer Indonesia 2025                                                  06 Desember 2025
        FIFGROUP Wins the 2025 Indonesian Popular Brand Award                                                December 6, 2025

 69     Berbagi Kasih, FIFGROUP Gelar Bakti Sosial Natal 2025                                                08 Desember 2025
        Sharing Love, FIFGROUP Holds Christmas Social Service 2025                                           December 8, 2025

 70     Sambut Hari Ibu, FIFGROUP Apresiasi Peran UMKM Perempuan Binaan dalam Mengembangkan                  22 Desember 2025
        Usaha dari Rumah                                                                                     December 22, 2025
        Celebrating Mother's Day, FIFGROUP Appreciates the Role of Women-Owned MSMEs in
        Developing Home-Based Businesses




Media Komunikasi Internal
Internal Communication Media


Perseroan menempatkan komunikasi internal sebagai fondasi              The Company places internal communication as an important
penting dalam mendukung efektivitas pelaksanaan program                foundation in supporting the effective implementation
dan kegiatan perusahaan. Melalui berbagai kanal komunikasi             of company programs and activities. Through various
seperti WhatsApp, e-mail, dan majalah internal, Perseroan              communication channels such as WhatsApp, e-mail, and
memastikan penyebaran informasi berjalan lancar. Selain itu,           the internal magazine, the Company ensures the smooth
Perseroan juga membentuk jaringan Corporate Guardian                   dissemination of information. The Company has also formed
yang beranggotakan Kepala Cabang dan perwakilan Officer                a Corporate Guardian network consisting of Branch Heads and
di setiap divisi. Melalui peran ini, Perseroan memastikan setiap       Officer representatives in each division. Through this role, the
kebijakan, informasi, dan pesan korporasi dapat tersampaikan           Company ensures that every policy, information, and corporate
dengan jelas kepada seluruh karyawan di berbagai lokasi kerja,         message is clearly conveyed to all employees in various work
sehingga tercipta keseragaman pemahaman dan kolaborasi                 locations, thereby creating uniformity of understanding and
di semua organisasi.                                                   collaboration across all organizations.




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Transparansi dan
Kondisi Keuangan dan Non-Keuangan
Transparency and Financial and Non-Financial Conditions



Dalam rangka menjaga transparansi dan akuntabilitas kepada          In order to maintain transparency and accountability to the
publik, Perseroan secara konsisten menyediakan informasi            public, the Company consistently provides complete, accurate,
keuangan dan non-keuangan yang lengkap, akurat, serta               and easily accessible financial and non-financial information.
mudah diakses. Komitmen tersebut diwujudkan melalui berbagai        This commitment is realized through various periodic
publikasi berkala yang disampaikan secara terbuka melalui           publications that are openly disseminated through print media
media cetak dan situs web resmi Perseroan, sebagaimana              and the Company’s official website, as described below:
diuraikan berikut:
1. Laporan Publikasi yang sekurangnya berisi Keuangan               1. Publication Reports that at least contain Monthly Financial
    Bulanan, Kinerja Keuangan, dan informasi lain yang disajikan       Statements, Financial Performance, and other information
    dalam mata uang rupiah secara berkala sesuai dengan                presented in rupiah on a regular basis in accordance with
    ketentuan yang berlaku;                                            applicable regulations;
2. Laporan Informasi Non Keuangan yang mencakup                     2. Non-Financial Information Reports covering the Company’s
    kepengurusan dan kepemilikan Perseroan, perkembangan               management and ownership, business developments,
    usaha, kelompok usaha, strategi dan kebijakan manajemen,           business groups, strategies and policies management,
    laporan manajemen, serta informasi material lainnya;               management reports, and other material information;
3. Informasi Produk dan Layanan Perseroan beserta Jaringan          3. Information on the Company’s Products and Services along
    Kantor yang tersebar luas sehingga memudahkan para                 with its extensive Office Network, making it easy for debtors
    debitur dan investor untuk mengakses informasi tersebut;           and investors to access such information;
4. Informasi yang bertujuan untuk mengedukasi nasabah               4. Information aimed at educating customers, such as debtor
    seperti mekanisme pengaduan debitur, aktivitas literasi            complaint mechanisms and financial literacy activities, which
    keuangan yang telah disajikan dalam Laporan Tahunan                are presented in the Annual Report or can be downloaded
    atau dapat diunduh melalui situs web Perseroan.                    from the Company’s website.




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Transparansi Produk dan
Penggunaan Data Debitur
Product Transparency and Use of Debtors’ Data



Perseroan senantiasa menjunjung tinggi prinsip transparansi          The Company always upholds the principles of transparency
dan akuntabilitas dalam setiap aktivitas pembiayaan yang             and accountability in every financing activity it carries out.
dijalankan. Komitmen ini diwujudkan melalui penyediaan               This commitment is realized through the provision of clear,
informasi produk yang jelas, akurat, dan mudah dipahami,             accurate, and easy-to-understand product information, as stated
sebagaimana tercantum dalam Perjanjian Pembiayaan beserta            in the Financing Agreement and its attachments (Financing
lampiran-lampirannya (Ringkasan Informasi Pembiayaan).               Information Summary). The Company ensures that every
Perseroan memastikan setiap calon debitur dan debitur                prospective and existing debtor receives written and verbal
eksisting memperoleh penjelasan tertulis maupun lisan                explanations regarding product characteristics, including
mengenai karakteristik produk, termasuk manfaat, risiko, dan         benefits, risks, and related costs, so that financing decisions
biaya-biaya yang terkait, sehingga keputusan pembiayaan              can be made consciously and responsibly.
dapat diambil secara sadar dan bertanggung jawab.

Dalam penyampaian informasi, Perseroan berpegang pada                In conveying information, the Company adheres to the principles
prinsip keterbukaan dan kejujuran, memastikan seluruh                of openness and honesty, ensuring that all communications are
komunikasi bersifat informatif, tidak menyesatkan, serta             informative, not misleading, and set forth in official documents
dituangkan dalam dokumen resmi berbahasa Indonesia yang              in Indonesian that are legally valid. This information is conveyed
sah secara hukum. Informasi tersebut disampaikan secara real-        in real time and can be easily accessed by debtors through
time dan dapat diakses dengan mudah oleh debitur melalui             various available communication channels.
berbagai kanal komunikasi yang tersedia.

Selain menjaga transparansi produk, Perseroan juga                   In addition to maintaining product transparency, the Company
menempatkan keamanan dan kerahasiaan data pribadi                    also prioritizes the security and confidentiality of debtors’
debitur sebagai prioritas utama. Perseroan berkomitmen untuk         personal data. The Company is committed to protecting all
melindungi setiap data yang dipercayakan melalui penerapan           data entrusted to it through the implementation of strict data
tata kelola data yang ketat, infrastruktur teknologi yang andal,     governance, reliable technological infrastructure, and multi-
serta pengawasan berlapis untuk mencegah kebocoran atau              layered monitoring to prevent information leaks or misuse.
penyalahgunaan informasi.

Sebagai bentuk keseriusan dalam menjaga keamanan data,               As a form of commitment in maintaining data security, the
Perseroan telah mengimplementasikan dan memperoleh                   Company has implemented and obtained ISO 27001:2013
sertifikasi ISO 27001:2013 tentang Sistem Manajemen Keamanan         certification on Information Security Management Systems
Informasi (SMKI), yang menjadi acuan internasional dalam             (ISMS), which is an international benchmark in the management
pengelolaan dan perlindungan aset informasi perusahaan.              and protection of company information assets.

Dengan menerapkan prinsip transparansi dalam penawaran               By applying the principle of transparency in offering products and
produk dan layanan serta menjaga integritas dan keamanan             services and maintaining the integrity and security of debtors’
data pribadi debitur, Perseroan terus memperkuat kepercayaan         personal data, the Company continues to strengthen public trust
publik sekaligus berkontribusi dalam membangun ekosistem             while contributing to building a healthy, ethical multifinance
industri multifinance yang sehat, beretika, dan selaras dengan       industry ecosystem that is in line with GCG principles.
prinsip-prinsip GCG.




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Komitmen Perlindungan Data Pribadi Debitur
Commitment to Debtor Personal Data Protection

Perseroan menempatkan perlindungan data pribadi debitur             The Company places the protection of debtor personal data
sebagai salah satu prioritas utama dalam menjalankan kegiatan       as one of its top priorities in conducting its business activities.
usaha. Untuk itu, Perseroan menerapkan kebijakan yang               To that end, the Company implements a policy that strictly
melarang keras penyebarluasan informasi pribadi debitur             prohibits the dissemination of debtor personal information to
kepada pihak ketiga tanpa adanya persetujuan sah dari debitur       third parties without the valid consent of the debtor concerned.
yang bersangkutan. Persetujuan tersebut dapat diberikan             Such consent may be given in writing or verbally via voicemail,
secara tertulis maupun secara lisan melalui voicemail, panggilan    telephone call, or video call, which is recorded and recognized
telepon, atau video call yang direkam dan diakui sebagai alat       as valid evidence in accordance with laws and regulations.
bukti yang sah sesuai peraturan perundang-undangan.

Apabila dalam pelaksanaan kegiatan usaha Perseroan                  If, in the course of its business activities, the Company obtains
memperoleh data atau informasi pribadi dari pihak lain, maka        personal data or information from other parties, the Company
Perseroan memastikan bahwa data tersebut telah diperoleh            ensures that such data has been obtained legally with the
secara sah dengan persetujuan dari pemilik data. Perseroan          consent of the data owner. The Company is also required to
juga wajib menyimpan bukti persetujuan tersebut dalam bentuk        keep proof of such consent in the form of written documents
dokumen tertulis atau rekaman komunikasi yang valid.                or valid communication records.

Melalui penerapan kebijakan ini, Perseroan berkomitmen              Through the implementation of this policy, the Company
untuk menjaga integritas, keamanan, dan kerahasiaan seluruh         is committed to maintaining the integrity, security, and
informasi pribadi debitur, sekaligus memastikan setiap proses       confidentiality of all personal information of debtors, while
pengelolaan data dilaksanakan secara etis dan sesuai ketentuan      ensuring that every data management process is conducted
hukum yang berlaku.                                                 ethically and in accordance with applicable laws and regulations.




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Kode Etik dan Budaya Perseroan
Code of Conduct and Corporate Culture




Perseroan meyakini bahwa reputasi yang baik dan terbentuknya     The Company firmly believes that a good reputation and the
kepercayaan publik yang tinggi merupakan aset tidak ternilai     establishment of high public trust are invaluable assets that
yang mendukung keberlanjutan usaha. Untuk menjaga hal            support business sustainability. In order to achieve such goals,
tersebut, Perseroan senantiasa berpegang pada prinsip            the Company always adheres to the principle of integrity by
integritas dengan menjalankan kegiatan usaha secara etis,        conducting business activities in an ethical, transparent, and
transparan, dan bertanggung jawab, sesuai dengan Pedoman         responsible manner, in accordance with the Business Ethics
Etika Bisnis dan Etika Kerja yang tertuang dalam dokumen         and Work Ethics Guidelines as stipulated in the Company’s
Kode Etik Perseroan sebagai bagian integral dari Pedoman         Code of Conduct, which is an integral part of the Company’s
Tata Kelola Perseroan.                                           Corporate Governance Guidelines.

Kode Etik berperan sebagai acuan perilaku dan standar            The Code of Conduct serves as a reference for behavior and
moral bagi seluruh insan FIFGroup dalam menjalankan tugas        moral standards for all FIFGroup employees in carrying out
dan menjalin hubungan profesional, baik dengan debitur,          their duties and establishing professional relationships, whether
mitra bisnis, maupun sesama rekan kerja. Pedoman ini juga        with debtors, business partners, or fellow employees. These
memberikan panduan menyeluruh mengenai prinsip etika             guidelines also provide comprehensive guidance on ethical
dalam bekerja, hak dan kewajiban setiap karyawan, serta          principles at work, the rights and obligations of each employee,
ketentuan mengenai jenis pelanggaran, mekanisme penegakan        as well as provisions regarding types of violations, disciplinary
disiplin, dan pihak yang berwenang dalam memberikan sanksi.      enforcement mechanisms, and the parties authorized to
                                                                 impose sanctions.

Penyusunan Kode Etik dilakukan dengan mengacu pada               The Code of Conduct was developed with reference to the
ketentuan POJK 48/2024. Dokumen ini bersifat adaptif dan         provisions of POJK 48/2024. This document is adaptive and
dikaji secara berkala untuk memastikan kesesuaiannya dengan      reviewed periodically to ensure its suitability with developments
perkembangan praktik bisnis, teknologi, serta dinamika           in business practices, technology, and the dynamics of
kebutuhan para pemangku kepentingan. Pemutakhiran terakhir       stakeholder needs. The latest update to the Company’s Code
atas Kode Etik Perseroan dilakukan pada tahun 2025.              of Conduct was made in 2025.

Ruang lingkup penerapan Kode Etik Perseroan meliputi             The scope of application of the Company’s Code of Conduct
hal-hal berikut:                                                 includes the following:


                                                                                              Mitra / Partners
                                                                                              1. Pemasok / Suppliers
                Media Massa                                                                   2. Penyalur / Distributors
                Mass Media                                                                    3. Prinsipal / Principal


                Masyarakat                                                                               Pesaing
                 Society                                                                                Competitor
                                                          Perseroan
                                                          Company
           Penyelenggara Negara                                                                       Calon Investor
               State Official                                                                        Potential Investor


             Perusahaan Afiliasi                                                                     Pemegang Saham
             Affiliated Company                                                                        Shareholders


                                         Pelanggan                             Karyawan
                                         Customer                              Employee




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Dengan diterapkannya Pedoman Kode Etik ini, Perseroan                 With the implementation of this Code of Conduct, the Company
berharap setiap karyawan dapat menjalankan tugas dan                  hopes that every employee can perform their duties and
tanggung jawabnya dengan penuh kesadaran, senantiasa                  responsibilities with full awareness, always upholding the
menjunjung tinggi asas kejujuran, integritas, dan profesionalisme,    principles of honesty, integrity, and professionalism, and always
serta senantiasa berperilaku sesuai dengan nilai-nilai budaya         behaving in accordance with the corporate cultural values that
perusahaan yang menjadi landasan setiap aktivitas bisnis.             form the foundation of every business activity.


Pokok-Pokok Kode Etik
Key Points of the Code of Conduct


Berikut ini adalah pokok-pokok Kode Etik Perseroan yang               The following are the key points of the Company’s Code of
menjadi acuan perilaku dan standar etika bagi seluruh insan           Conduct, which serve as a reference for behavior and ethical
Perseroan dalam melaksanakan tugas, tanggung jawab, serta             standards for all Company personnel in conducting their duties,
interaksi profesional:                                                responsibilities, and professional interactions:
1. Pengantar;                                                         1. Introduction;
2. Ruang Lingkup;                                                     2. Scope;
3. Etika Bisnis, meliputi etika terhadap:                             3. Business Ethics, including ethics towards:
    a. Pelanggan;                                                         a. Customers;
    b. Mitra Usaha;                                                       b. Business Partners;
    c. Pesaing;                                                           c. Competitors;
    d. Karyawan;                                                          d. Employees;
    e. Pemegang Saham;                                                    e. Shareholders;
    f. Calon Investor;                                                    f. Prospective Investors;
    g. Perusahaan Afiliasi;                                               g. Affiliated Companies;
    h. Penyelenggara Negara;                                              h. State Administrators;
    i. Masyarakat; dan                                                    i. Community; and
    j. Media Massa.                                                       j. Mass Media.
4. Etika Kerja, meliputi pedoman mengenai:                            4. Work Ethics, including guidelines on:
    a. Sikap karyawan dalam Perseroan;                                    a. Employee conduct within the Company;
    b. Sikap karyawan dalam menggunakan wewenang dan                      b. Employee conduct in exercising authority and position
       jabatan di Perseroan;                                                 within the Company;
    c. Sikap karyawan berkaitan dengan informasi                          c. Employee conduct related to confidential
       rahasia Perseroan;                                                    Company information;
    d. Hubungan karyawan sebagai atasan/bawahan di                        d. Employee relationships as superiors/subordinates within
       Perseroan; dan                                                        the Company; and
    e. Hubungan sesama karyawan.                                          e. Relationships among employees.


Pernyataan Kode Etik Berlaku bagi Seluruh Level Manajemen
Statement on the Applicability of the Code of Conduct Across All Management Levels


Kode Etik menguraikan prinsip-prinsip dasar perilaku pribadi dan      The Code of Conduct outlines the basic principles of personal and
profesional yang wajib dipatuhi oleh seluruh insan Perseroan,         professional conduct that must be adhered to by all individuals
mulai dari Dewan Komisaris, Direksi, Kepala Divisi, hingga            within the Company, from the Board of Commissioners, Board of
karyawan di kantor pusat maupun cabang. Demi terciptanya              Directors, Division Heads, to employees at the head office and
budaya kerja yang disiplin dan bertanggung jawab, setiap              branches. In order to create a disciplined and responsible work
karyawan diwajibkan memahami secara menyeluruh pokok-                 culture, every employee is required to thoroughly understand
pokok Kode Etik dan menandatangani Pakta Integritas yang              the main points of the Code of Conduct and sign an Integrity
menegaskan kesanggupan untuk mematuhi pedoman etika                   Pact that affirms their commitment to comply with the ethical
dan perilaku yang telah ditetapkan Perseroan.                         and behavioral guidelines established by the Company.




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Sosialisasi Kode Etik dan Upaya Penegakannya
Dissemination and Enforcement of the Code of Conduct

Perseroan menyadari bahwa pemahaman terhadap standar                The Company recognizes that understanding ethical standards
etika merupakan tanggung jawab bersama seluruh jajaran              is the shared responsibility of all levels of management. To build
Manajemen. Untuk membangun budaya etika yang konsisten,             a consistent ethical culture, the Company presents the Code
Perseroan menyajikan Kode Etik sebagai bagian integral dari         of Conduct as an integral part of the Governance Guidelines,
Pedoman Tata Kelola yang disediakan dan dapat diakses               which are provided and accessible to all employees through
oleh seluruh karyawan melalui Document Center maupun                the Document Center and the Company’s official website.
situs web resmi Perseroan. Kemudahan akses ini diharapkan           This ease of access is expected to encourage all employees
dapat mendorong seluruh karyawan untuk memahami,                    to understand, internalize, and apply ethical principles in their
menginternalisasi, dan menerapkan prinsip-prinsip etika dalam       daily work activities, thereby creating a disciplined, responsible,
kegiatan kerja sehari-hari sehingga tercipta budaya kerja yang      and professional work culture.
disiplin, bertanggung jawab, dan profesional.


Pengungkapan Mengenai Budaya Perusahaan
Disclosure Regarding Corporate Culture


Uraian lebih lanjut mengenai Nilai-Nilai Budaya Perusahaan          Further details regarding the Company’s Cultural Values are
sudah diungkapkan pada Bab Profil Perusahaan, dalam Laporan         disclosed in the Company Profile chapter of this Annual Report.
Tahunan ini.


Sanksi atas Pelanggaran dan Jumlah Pelanggaran Kode Etik Tahun 2025
Sanctions for Violations and Number of Violations of the Code of Conduct in 2025


Perseroan memberikan sanksi tegas kepada karyawan yang              The Company imposes strict sanctions on employees who
terbukti tidak menjalankan kewajibannya atau melanggar              are proven to have failed to do their duties or violated internal
kebijakan internal, Peraturan Perusahaan, maupun peraturan          policies, Company Regulations, or applicable laws and
perundang-undangan yang berlaku. Ketentuan ini diatur dalam         regulations. These provisions are regulated in the Corporate
Pedoman Tata Kelola Perusahaan, termasuk pedoman etika              Governance Guidelines, including business ethics and work
bisnis dan etika kerja. Setiap pelanggaran diproses secara adil     ethics guidelines. Each violation is processed fairly and
dan konsisten sesuai dengan peraturan perundang-undangan            consistently in accordance with laws and regulations and the
serta Anggaran Dasar Perseroan, dengan penerapan sanksi             Company’s Articles of Association, with sanctions applied in
secara berjenjang, sebagai berikut:                                 stages, as follows:
1. Surat Peringatan Pertama;                                        1. First Warning Letter;
2. Surat Peringatan Kedua;                                          2. Second Warning Letter;
3. Surat Peringatan Ketiga; dan                                     3. Third Warning Letter; and
4. Pemutusan Hubungan Kerja (PHK).                                  4. Termination of Employment (PHK).

Sepanjang tahun 2025, terdapat 8 pelanggaran Peraturan              Throughout 2025, there were eight violations of the Company’s
Perusahaan yang dilakukan oleh karyawan dan seluruhnya              Regulations committed by employees, all of which were
telah diselesaikan sesuai dengan prosedur yang berlaku.             resolved in accordance with applicable procedures.




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   Performance Highlights          Management Report              Company Profile




Sistem Pelaporan Pelanggaran
Whistleblowing System




Perseroan menerapkan Whistleblowing System (WBS) melalui           The Company implements a Whistleblowing System (WBS)
FIFGROUP Integrity for Sustainability (FIFTrust) sebagai bagian    through FIFGROUP Integrity for Sustainability (FIFTrust) as part
dari upaya penerapan tata kelola yang baik dan pemenuhan           of its efforts to implement good governance and comply with
regulasi terkait manajemen risiko di industri multifinance.        regulations related to risk management in the multifinance
Eksistensi WBS memberikan mekanisme yang jelas dan                 industry. The existence of the WBS provides a clear and
transparan bagi seluruh pihak baik karyawan, Manajemen,            transparent mechanism for all parties, including employees,
maupun pihak eksternal untuk melaporkan dugaan tindakan            management, and external parties, to report suspected
penyimpangan atau kecurangan (fraud) di seluruh lingkungan         misconduct or fraud throughout the Company’s environment,
Perseroan mulai dari kantor pusat, cabang, hingga unit kerja.      from the head office to branches and work units. These reports
Laporan tersebut mencakup dugaan pelanggaran terhadap              cover alleged violations of applicable laws and regulations,
peraturan perundang-undangan yang berlaku, Anggaran Dasar,         the Articles of Association, Company Regulations, Code of
Peraturan Perusahaan, Kode Etik, serta benturan kepentingan        Conduct, as well as conflicts of interest that could potentially
yang berpotensi menimbulkan kerugian bagi Perseroan.               cause losses to the Company.

Melalui FIFGROUP Integrity for Sustainability (FIFTrust),          Through FIFGROUP Integrity for Sustainability (FIFTrust),
setiap laporan dapat disampaikan secara aman, rahasia, dan         every report can be submitted securely, confidentially, and
terdokumentasi sehingga Perseroan dapat melakukan tindak           documented so that the Company can take effective follow-
lanjut secara efektif sesuai prosedur yang berlaku. Penerapan      up action in accordance with applicable procedures. The
WBS ini tidak hanya membantu Perseroan dalam mendeteksi            implementation of WBS not only helps the Company detect
dan mencegah tindakan penyimpangan atau kecurangan secara          and prevent misconduct or fraud early on, but also raises
dini, tetapi juga meningkatkan kesadaran karyawan untuk            employee awareness to maintain the integrity of their respective
menjaga integritas unit kerja masing-masing.                       work units.

Dengan adanya WBS yang efektif, Perseroan dapat memperkuat         With an effective WBS, the Company can strengthen its internal
mekanisme pengendalian internal, meningkatkan rasa memiliki        control mechanisms, increase employees’ sense of belonging,
(sense of belonging) karyawan, dan mendukung pencapaian            and support the achievement of sustainable growth and
pertumbuhan berkelanjutan serta kepatuhan terhadap                 compliance with GCG principles.
prinsip-prinsip GCG.


Tujuan Penerapan Whistleblowing System
Purpose of Implementing a Whistleblowing System


Perseroan menerapkan WBS sebagai bagian penting dari               The Company implements the WBS as an important part of
penguatan sistem pengendalian internal dan penerapan               strengthening its internal control system and implementing
tata kelola yang baik. Seluruh ketentuan pelaksanaan WBS           good governance. All provisions for the implementation of the
dirumuskan sesuai peraturan perundang-undangan dan                 WBS are formulated in accordance with laws and regulations
dituangkan ke dalam pedoman internal seperti SOP, Pakta            and are outlined in internal guidelines such as SOPs, Integrity
Integritas, serta kebijakan terkait lainnya. Keberadaan            Pacts, and other related policies. This system allows all parties
sistem ini memungkinkan setiap pihak untuk melaporkan              to report suspected violations of the law, company policies, the
dugaan pelanggaran hukum, kebijakan perusahaan, Kode               Code of Conduct, or conflicts of interest in a safe, objective,
Etik, atau benturan kepentingan secara aman, objektif, dan         and responsible manner.
bertanggung jawab.




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Prosedur Pelaporan Pelanggaran
Whistleblowing Procedure

Perseroan mendorong seluruh pihak baik internal maupun              The Company encourages all parties, both internal and external,
eksternal untuk berpartisipasi aktif dalam menjaga integritas       to actively participate in maintaining integrity by reporting any
dengan melaporkan setiap dugaan pelanggaran yang terjadi            suspected violations that occur within the Company. Reports
di lingkungan Perseroan. Laporan disampaikan dengan disertai        must be accompanied by reliable preliminary evidence and be
bukti awal yang dapat dipertanggungjawabkan serta dilandasi         based on good faith in the interests of the Company. Reports
dengan itikad baik demi kepentingan Perseroan. Adapun               can be submitted through the following media:
penyampaian laporan dapat dilakukan melalui media berikut:

Whatsapp       : 0811 1098 696                                      WhatsApp       : 0811 1098 696
Email          : pengaduan@fiftrust.id                              Email          : pengaduan@fiftrust.id
Microsoft Form : https://bit.ly/pengaduanfiftrust                   Microsoft Form : https://bit.ly/pengaduanfiftrust

Seluruh laporan pengaduan yang disampaikan melalui media            All complaints submitted through WBS will be forwarded
WBS akan diteruskan kepada pihak pengelola aduan untuk              to the complaint management team for further processing
diproses lebih lanjut dan dilakukan investigasi sesuai dengan       and investigation in accordance with the Company’s
prosedur internal yang berlaku di Perseroan.                        internal procedures.


Pihak Pengelola Laporan dan Proses Penanganan Pengaduan
Whistleblowing Officer and Complaint Handling Process


Setiap laporan yang diterima melalui WBS Perseroan                  Every report received through the Company’s WBS is treated as
diperlakukan sebagai informasi penting dan ditangani secara         important information and handled independently, objectively,
independen, objektif, serta profesional oleh unit kerja terkait     and professionally by the relevant work unit while upholding the
dengan tetap menjunjung asas praduga tidak bersalah. Seluruh        principle of presumption of innocence. All reporting documents,
dokumen pelaporan, bukti pendukung, maupun data awal                supporting evidence, and initial data are carefully verified to
diverifikasi secara cermat guna memastikan kebenaran dan            ensure the accuracy and validity of the information before
keabsahan informasi sebelum dilakukan investigasi lanjutan.         further investigation is conducted.

Dalam pelaksanaannya, Direksi memberikan kewenangan                 In its implementation, the Board of Directors authorizes the
kepada fungsi Anti Fraud untuk menindaklanjuti laporan sesuai       Anti-Fraud function to follow up on reports in accordance with
ketentuan dan prosedur internal yang berlaku. Mekanisme             applicable internal regulations and procedures. The mechanism
penanganan pengaduan melalui WBS diatur secara rinci dalam          for handling complaints through the WBS is regulated in detail in
peraturan internal Perusahaan yang menjadi acuan bagi seluruh       the Company’s internal regulations, which serve as a reference
tahapan verifikasi, investigasi, hingga pelaporan hasil tindak      for all stages of verification, investigation, and reporting of
lanjut, yaitu sebagai berikut:                                      follow-up results, as follows:
1. Sumber informasi pelaporan akan dilakukan pooling dan            1. The sources of reporting information will be pooled and
    rekapitulasi oleh Department Anti Fraud management,                  summarized by the Anti-Fraud Management Department,
    untuk selanjutnya dilakukan proses Preliminary Analysis              after which a Preliminary Analysis process will be carried
    yang akan disampaikan secara internal.                               out and communicated internally.
2. Dalam berjalannya proses investigasi, pelaksanaan                2. During the investigation process, the investigation is
    dilakukan oleh Tim Investigator Anti Fraud Management                carried out by the Anti-Fraud Management Investigator
    dan dimungkinkan terdapat pihak lain yang telah ditunjuk             Team and may involve other parties appointed by a
    melalui Surat Keputusan Presiden Direktur.                           Presidential Decree.
3. Hasil investigation report akan dilaporkan kepada Fraud          3. The investigation report results will be reported to the Fraud
    Oversight Committee untuk kemudian mendapatkan                       Oversight Committee to obtain a final settlement decision
    keputusan final settlement oleh Presiden Direktur.                   by the President Director.




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4. Settlement Follow Up atas keputusan Presiden Direktur            4. Settlement Follow Up on the President Director’s decision
   akan dilaksanakan dengan melibatkan Organisasi terkait              will be carried out with the involvement of related
   yang terdiri dari fungsi Legal & Litigation, Human Capital,         organizations consisting of Legal & Litigation, Human
   dan fungsi terkait ( jika diperlukan).                              Capital, and related functions (if necessary).
5. Department Anti Fraud Management secara rutin akan               5. The Anti-Fraud Management Department will routinely
   melaksanakan Consolidation Report sebagai bentuk                    prepare a Consolidation Report as a form of reconciliation
   rekonsiliasi penanganan kasus dengan Final Settlement               of case handling with the final settlement of each case.
   setiap kasus.

Selama proses penanganan pengaduan berlangsung,                     During the complaint handling process, the Company
Perseroan menjamin kerahasiaan dokumen pengaduan dan                guarantees the confidentiality of complaint documents and
bukti-bukti yang disampaikan oleh pihak Pelapor.                    evidence submitted by the Whistleblower.


Perlindungan bagi Pelapor
Protection for Whistleblower


Perseroan menjamin kerahasiaan identitas serta data pribadi         The Company guarantees the confidentiality of the identity
Pelapor dan memberikan perlindungan hukum sepenuhnya                and personal data of the Whistleblower and provides full
sepanjang laporan disampaikan dengan itikad baik. Komitmen          legal protection as long as the report is submitted in good
ini merupakan bagian dari penerapan WBS yang transparan,            faith. This commitment is part of the implementation of a
akuntabel, dan berintegritas. Berdasarkan Kebijakan Internal        transparent, accountable, and integrity-based WBS. Based on
Perusahaan tentang Kerahasiaan dan Perlindungan Pelapor             the Company’s Internal Policy on Confidentiality and Protection
Whistleblowing System (WBS), Perseroan berkomitmen untuk            of Whistleblower in Whistleblowing System (WBS), the Company
memberikan perlindungan penuh kepada Pelapor maupun                 is committed to providing full protection to Whistleblower and
keluarga Pelapor di antaranya:                                      their families, including:
1. Perlindungan Fisik yang meliputi ancaman fisik dan non fisik,    1. Physical Protection, which includes physical and non-
    pelecehan serta perbuatan tidak menyenangkan lainnya;               physical threats, harassment, and other unpleasant acts;
2. Perlindungan Administratif yang meliputi mutasi dengan           2. Administrative Protection, which includes transfers to the
    pertimbangan area/cabang terdekat;                                  nearest area/branch;
3. Perlindungan Hukum yang meliputi proses hukum di                 3. Legal Protection, including legal proceedings in District
    Pengadilan Negeri serta biayanya;                                   Court and related costs;

Selain memastikan perlindungan penuh dari berbagai potensi          In addition to ensuring full protection from various potential
tindakan yang dapat membahayakan atau merugikan di                  actions that may endanger or harm them in the future,
kemudian hari, pihak Pelapor juga berhak memperoleh informasi       whistleblowers are also entitled to receive information on the
atas perkembangan laporan serta menyampaikan aduan apabila          progress of their reports and to submit complaints if they face
menghadapi tekanan atau ancaman. Perlindungan ini diberikan         pressure or threats. This protection is provided as long as the
sepanjang Pelapor tidak terlibat dalam tindakan pelanggaran         whistleblower is not involved in the violation they reported.
yang dilaporkannya.


Hasil Penanganan Pengaduan melalui WBS Tahun 2025
Results of Complaint Handling through WBS in 2025


Pada tahun 2025, Perseroan menerima 4 (empat) laporan               In 2025, the Company received 4 (four) complaints through
pengaduan melalui WBS. Setiap laporan telah ditelaah dan            WBS. Each report has been reviewed and processed in
diproses sesuai ketentuan yang berlaku, dengan hasil tindak         accordance with applicable regulations, with the following
lanjut sebagaimana dijabarkan berikut ini:                          follow-up results:




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                              Jenis Sanksi                                                    Jumlah Orang
                            Type of Sanction                                                Number of Individuals

 Surat Peringatan Pertama                                                                              2
 First Warning Letter

 Surat Peringatan Kedua                                                                                -
 Second Warning Letter

 Surat Peringatan Ketiga                                                                               1
 Third Warning Letter

 Pemutusan Hubungan Kerja (PHK)                                                                        3
 Termination of Employment (PHK)

 Sanksi Pidana                                                                                         -
 Criminal Sanctions



Evaluasi terhadap Peningkatan Efektivitas dan Perbaikan Penerapan WBS
Evaluation of Improvements in the Effectiveness and Implementation of WBS


Sepanjang tahun 2025, Manajemen secara berkelanjutan               Throughout 2025, Management continuously evaluated
melakukan evaluasi dan penyempurnaan terhadap efektivitas          and refined the effectiveness of WBS implementation as
penerapan WBS sebagai bagian dari komitmen Perseroan dalam         part of the Company’s commitment to strengthening GCG
memperkuat penerapan GCG. Evaluasi tersebut dilakukan              implementation. The evaluation is conducted to ensure that
untuk memastikan bahwa implementasi WBS senantiasa                 WBS implementation is always in line with developments in
selaras dengan perkembangan peraturan perundang-                   applicable laws and regulations and refers to best practices
undangan yang berlaku serta mengacu pada best practice di          in the multifinance industry.
industri multifinance.

Dalam rangka meningkatkan aksesibilitas, transparansi, dan         To improve the accessibility, transparency, and reliability of the
keandalan mekanisme pelaporan pelanggaran, Perseroan juga          violation reporting mechanism, the Company also developed
melakukan pengembangan kanal WBS melalui website resmi             a WBS channel through its official website. This development
Perseroan. Pengembangan ini diharapkan dapat memperluas            is expected to expand the scope of reporting, increase
jangkauan pelaporan, meningkatkan kepercayaan pemangku             stakeholder trust, and affirm that every report received can
kepentingan, serta memastikan bahwa setiap laporan yang            be followed up effectively, independently, and responsibly.
diterima dapat ditindaklanjuti secara efektif, independen, dan
bertanggung jawab.




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Kebijakan Anti-Korupsi dan Penyuapan
Anti-Corruption and Bribery Policy




Perseroan berkomitmen untuk menyelenggarakan kegiatan           The Company is committed to conducting clean, transparent,
usaha pembiayaan yang bersih, transparan, dan berintegritas,    and ethical financing activities in accordance with the provisions
sesuai dengan ketentuan Undang-Undang Nomor 20 Tahun            of Law Number 20 of 2001 concerning Eradication of Corruption
2001 tentang Pemberantasan Tindak Pidana Korupsi. Dalam         Crimes. In an effort to build a healthy work environment that
upaya membangun lingkungan kerja yang sehat dan bebas           is free from corruption, collusion, and nepotism (KKN), the
dari praktik Korupsi, Kolusi, dan Nepotisme (KKN), Perseroan    Company implements an international standard ISO 37001
mengimplementasikan Sistem Manajemen Anti Penyuapan             Anti-Bribery Management System (SMAP) that serves as a
(SMAP) berstandar internasional ISO 37001 yang berfungsi        guideline for the prevention, detection, and handling of potential
sebagai pedoman pencegahan, pendeteksian, dan penanganan        corruption, bribery, or gratification practices.
potensi praktik korupsi, suap, atau gratifikasi.




Seluruh penerapan tersebut dijalankan secara konsisten          All of these implementations are carried out consistently with
dengan mengacu pada nilai-nilai perusahaan dan prinsip “SAY     reference to the company’s values and the “SAY YES TO 6
YES TO 6 DON’TS” sebagai wujud nyata budaya anti-korupsi        NO’S” principle as a tangible manifestation of the anti-corruption
di lingkungan Perseroan.                                        culture within the Company.

Dalam upaya memperkuat penerapan prinsip tata kelola yang       In an effort to strengthen the implementation of clean governance
bersih dan bebas dari praktik korupsi serta suap, Perseroan     principles and eliminate corruption and bribery, the Company
membentuk Fungsi Kepatuhan Anti Penyuapan (FKAP)                established an Anti-Bribery Compliance Function (FKAP) based




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berdasarkan Kebijakan Internal Perusahaan. Pembentukan              on the Company’s Internal Policy. The establishment of FKAP
FKAP merupakan wujud nyata komitmen Perseroan dalam                 is a tangible manifestation of the Company’s commitment to
mengimplementasikan Sistem Manajemen Anti-Penyuapan                 implementing a comprehensive and sustainable Anti-Bribery
(SMAP) secara menyeluruh dan berkesinambungan.                      Management System (SMAP).

Fungsi Kepatuhan Anti Penyuapan (FKAP) berperan penting             The Anti-Bribery Compliance Function (FKAP) plays an
dalam memastikan efektivitas penerapan SMAP melalui                 important role in ensuring the effective implementation of the
kegiatan perencanaan, pelaksanaan, pengawasan, evaluasi             Anti-Bribery Management System through targeted planning,
dan pelaporan yang terarah agar berjalan secara efektif dan         implementation, monitoring, evaluation, and reporting activities
efisien sesuai dengan kebutuhan organisasi serta standar            so that it runs effectively and efficiently in accordance with
yang berlaku. Selain itu, FKAP juga bertanggung jawab untuk         organizational needs and applicable standards. In addition,
mengidentifikasi dan menilai risiko terjadinya penyuapan, serta     FKAP is also responsible for identifying and assessing the
memastikan langkah pencegahan, deteksi dini, dan tindak lanjut      risk of bribery, as well as ensuring that preventive measures,
terhadap potensi penyuapan dilaksanakan secara konsisten            early detection, and follow-up actions against potential
dan selaras dengan ketentuan yang berlaku.                          bribery are carried out consistently and in accordance with
                                                                    applicable regulations.


Program dan Prosedur Mengatasi Praktik Korupsi dan Penyuapan
Programs and Procedures to Eradicate Corruption and Bribery


Komitmen Perseroan dalam memberantas praktik KKN serta              The Company’s commitment to eradicating corruption and
penyuapan diwujudkan melalui penerapan berbagai program             bribery is realized through the implementation of various internal
dan prosedur internal yang disusun dan diimplementasikan            programs and procedures that are developed and implemented
pada setiap unit kerja sesuai dengan bidang tanggung jawab          in each work unit in accordance with their respective areas of
masing-masing. Upaya tersebut antara lain meliputi:                 responsibility. These efforts include:
1. Pedoman Penerapan Strategi Anti Fraud;                           1. Anti-Fraud Strategy Implementation Guidelines;
2. Pedoman Kebijakan Anti Penyuapan;                                2. Anti-Bribery Policy Guidelines;
3. Pakta Integritas;                                                3. Integrity Pact;
4. Pakta Anti-Fraud;                                                4. Anti-Fraud Pact;
5. Program Awareness; dan                                           5. Awareness Program; and
6. Kegiatan Edukasi serta Pelatihan.                                6. Education and Training Activities.

Selain itu, Perseroan juga mewajibkan seluruh karyawan              The Company also requires all employees to sign a statement
untuk menandatangani pernyataan komitmen agar senantiasa            of commitment to uphold integrity, refrain from corruption and
menjunjung tinggi integritas, tidak melakukan praktik korupsi       bribery, and comply with all internal company regulations.
maupun penyuapan, serta mematuhi seluruh peraturan
internal perusahaan.


Pelatihan atau Sosialisasi Anti Korupsi dan Anti Penyuapan kepada Karyawan Tahun 2025
Anti-Corruption and Anti-Bribery Training or Dissemination for Employees in 2025


Pada tahun 2025, Perseroan telah melaksanakan sejumlah              In 2025, the Company conducted a number of training and/
kegiatan pelatihan dan/atau sosialisasi yang bertujuan untuk        or dissemination activities aimed at increasing employee
meningkatkan pemahaman karyawan mengenai program anti-              understanding of anti-corruption and anti-bribery programs,
korupsi dan penyuapan, antara lain:                                 including:




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                                                                                                                         Tanggal
                  Topik Pelatihan atau Sosialisasi                  Kategori Peserta           Penyelenggara
                                                                                                                       Pelaksanaan
                  Training or Dissemination Topics                 Participant Category          Organizer
                                                                                                                           Date

 Training & Sosialisasi Anti Korupsi dan Anti Penyuapan untuk      Internal Karyawan       Departemen Anti Fraud   15 Februari 2025
 Management Trainee (MT) Batch 18                                  Internal Employees      Management              February 15, 2025
 Anti-Corruption and Anti-Bribery Training & Awareness Program                             Anti-Fraud Management
 for Management Trainee (MT) Batch 18                                                      Department

 Training & Sosialisasi Anti Korupsi dan Anti Penyuapan untuk      Internal Karyawan       Departemen Anti Fraud   8 Oktober 2025
 Management Trainee (MT) Batch 22                                  Internal Employees      Management              October 8, 2025
 Anti-Corruption and Anti-Bribery Training and Dissemination for                           Anti-Fraud Management
 Management Trainees (MT) Batch 22                                                         Department

 Training & Sosialisasi Anti Korupsi dan Anti Penyuapan untuk      Internal Karyawan       Departemen Anti Fraud   6 Maret 2025
 NEDP Batch 1                                                      Internal Employees      Management              March 6, 2025
 Anti-Corruption and Anti-Bribery Training & Dissemination for                             Anti-Fraud Management
 NEDP Batch 1                                                                              Department

 Training & Sosialisasi Anti Korupsi dan Anti Penyuapan untuk      Internal Karyawan       Departemen Anti Fraud   24 April 2025
 Representative Head Development Program (RHDP) Batch 22           Internal Employees      Management              April 24, 2025
 Anti-Corruption and Anti-Bribery Training & Dissemination ^for                            Anti-Fraud Management
 Representative Head Development Program (RHDP) Batch 22                                   Department

 Training & Sosialisasi Anti Korupsi dan Anti Penyuapan untuk      Internal Karyawan       Departemen Anti Fraud   10 Juli 2025
 Representative Head Development Program (RHDP) Batch 23           Internal Employees      Management              July 10, 2025
 Anti-Corruption and Anti-Bribery Training & Dissemination for                             Anti-Fraud Management
 Representative Head Development Program (RHDP) Batch 23                                   Department

 Training & Sosialisasi Anti Korupsi dan Anti Penyuapan untuk      Internal Karyawan       Departemen Anti Fraud   12 September 2025
 Representative Head Development Program (RHDP) Batch 24           Internal Employees      Management              September 12, 2025
 Anti-Corruption and Anti-Bribery Training & Dissemination for                             Anti-Fraud Management
 Representative Head Development Program (RHDP) Batch 24                                   Department

 Training & Sosialisasi Anti Korupsi dan Anti Penyuapan untuk      Internal Karyawan       Departemen Anti Fraud   12 Februari 2025
 Section Head Development Program (SHDP) Batch 33                  Internal Employees      Management              February 12, 2025
 Anti-Corruption and Anti-Bribery Training & Dissemination for                             Anti-Fraud Management
 Section Head Development Program (SHDP) Batch 33                                          Department

 Training & Sosialisasi Anti Korupsi dan Anti Penyuapan untuk      Internal Karyawan       Departemen Anti Fraud   17 Maret 2025
 Section Head Development Program (SHDP) Batch 34                  Internal Employees      Management              March 17, 2025
 Anti-Corruption and Anti-Bribery Training & Dissemination for                             Anti-Fraud Management
 Section Head Development Program (SHDP) Batch 34                                          Department

 Training & Sosialisasi Anti Korupsi dan Anti Penyuapan untuk      Internal Karyawan       Departemen Anti Fraud   14 April 2025
 Section Head Development Program (SHDP) Batch 35                  Internal Employees      Management              April 14, 2025
 Anti-Corruption and Anti-Bribery Training & Dissemination for                             Anti-Fraud Management
 Section Head Development Program (SHDP) Batch 35                                          Department

 Training & Sosialisasi Anti Korupsi dan Anti Penyuapan untuk      Internal Karyawan       Departemen Anti Fraud   14 Mei 2025
 Section Head Development Program (SHDP) Batch 36                  Internal Employees      Management              May 14, 2025
 Anti-Corruption and Anti-Bribery Training & Dissemination for                             Anti-Fraud Management
 Section Head Development Program (SHDP) Batch 36                                          Department

 Training & Sosialisasi Anti Korupsi dan Anti Penyuapan untuk      Internal Karyawan       Departemen Anti Fraud   21 Mei 2025
 Section Head Development Program (SHDP) Batch 37                  Internal Employees      Management              May 21, 2025
 Anti-Corruption and Anti-Bribery Training & Dissemination for                             Anti-Fraud Management
 Section Head Development Program (SHDP) Batch 37                                          Department

 Training & Sosialisasi Anti Korupsi dan Anti Penyuapan untuk      Internal Karyawan       Departemen Anti Fraud   19 September 2025
 Section Head Development Program (SHDP) CR FINATRA                Internal Employees      Management              September 19, 2025
 Batch 40                                                                                  Anti-Fraud Management
 Anti-Corruption and Anti-Bribery Training & Dissemination for                             Department
 Section Head Development Program (SHDP) CR FINATRA
 Batch 40




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                                                                                                                      Tanggal
               Topik Pelatihan atau Sosialisasi                  Kategori Peserta            Penyelenggara
                                                                                                                    Pelaksanaan
               Training or Dissemination Topics                 Participant Category           Organizer
                                                                                                                        Date

Training & Sosialisasi Anti Korupsi dan Anti Penyuapan untuk    Internal Karyawan      Departemen Anti-Fraud   27 Februari 2025
Junior Officer Development Program (JODP) Batch 119             Internal Employees     Management              February 27, 2025
Anti-Corruption and Anti-Bribery Training & Dissemination for                          Anti-Fraud Management
Junior Officer Development Program (JODP) Batch 119                                    Department

Training & Sosialisasi Anti Korupsi dan Anti Penyuapan untuk    Internal Karyawan      Departemen Anti-Fraud   7 April 2025
Junior Officer Development Program (JODP) Batch 120             Internal Employees     Management              April 7, 2025
Anti-Corruption and Anti-Bribery Training & Dissemination for                          Anti-Fraud Management
Junior Officer Development Program (JODP) Batch 120                                    Department

Training & Sosialisasi Anti Korupsi dan Anti Penyuapan untuk    Internal Karyawan      Departemen Anti-Fraud   26 Mei 2025
Junior Officer Development Program (JODP) Batch 121             Internal Employees     Management              May 26, 2025
Anti-Corruption and Anti-Bribery Training & Dissemination for                          Anti-Fraud Management
Junior Officer Development Program (JODP) Batch 121                                    Department

Training & Sosialisasi Anti Korupsi dan Anti Penyuapan untuk    Internal Karyawan      Departemen Anti-Fraud   24 Juli 2025
Junior Officer Development Program (JODP) Batch 122             Internal Employees     Management              July 24, 2025
Anti-Corruption and Anti-Bribery Training & Dissemination for                          Anti-Fraud Management
Junior Officer Development Program (JODP) Batch 122                                    Department

Training & Sosialisasi Anti Korupsi dan Anti Penyuapan untuk    Internal Karyawan      Departemen Anti-Fraud   26 September 2025
Junior Officer Development Program (JODP) Batch 123             Internal Employees     Management              September 26, 2025
Anti-Corruption and Anti-Bribery Training & Dissemination for                          Anti-Fraud Management
Junior Officer Development Program (JODP) Batch 123                                    Department

Training & Sosialisasi Anti Korupsi dan Anti Penyuapan untuk    Internal Karyawan      Departemen Anti-Fraud   5 Juni 2025
FIRST 90 Batch 1                                                Internal Employees     Management              June 5, 2025
Anti-Corruption and Anti-Bribery Training & Dissemination for                          Anti-Fraud Management
FIRST 90 Batch 1                                                                       Department

Training & Sosialisasi Anti Korupsi dan Anti Penyuapan untuk    Internal Karyawan      Departemen Anti Fraud   14 Agustus 2025
Branch Leader Development Program (BLDP) Batch 34               Internal Employees     Management              August 14, 2025
Anti-Corruption and Anti-Bribery Training & Dissemination for                          Anti-Fraud Management
Branch Leader Development Program (BLDP) Batch 34                                      Department

Training & Sosialisasi Anti Korupsi dan Anti Penyuapan untuk    Internal Karyawan      Departemen Anti Fraud   16 September 2025
People Area Suport Development Program (PASDP)                  Internal Employees     Management              September 16, 2025
Anti-Corruption and Anti-Bribery Training & Dissemination for                          Anti-Fraud Management
People Area Support Development Program (PASDP)                                        Department

Training & Sosialisasi Anti Korupsi dan Anti Penyuapan untuk    Internal Karyawan      Departemen Anti Fraud   24 Januari 2025
'LAPORKAN GRATIFIKASI'                                          Internal Employees     Management              January 24, 2025
Anti-Corruption and Anti-Bribery Training & Dissemination for                          Anti-Fraud Management
'REPORT GRATUITIES'                                                                    Department

Training & Sosialisasi Anti Korupsi dan Anti Penyuapan untuk    Internal Karyawan      Departemen Anti Fraud   21 Maret 2025
'LAPORKAN GRATIFIKASI'                                          Internal Employees     Management              March 21, 2025
Anti-Corruption and Anti-Bribery Training & Awareness Session                          Anti-Fraud Management
for 'REPORT GRATUITIES'                                                                Department

Training & Sosialisasi Anti Korupsi dan Anti Penyuapan untuk    Internal Karyawan      Departemen Anti Fraud   29 April 2025
'FACTOR'                                                        Internal Employees     Management              April 29, 2025
Anti-Corruption and Anti-Bribery Training & Awareness Session                          Anti-Fraud Management
for 'FACTOR'                                                                           Department

Training & Sosialisasi Anti Korupsi dan Anti Penyuapan untuk    Internal Karyawan      Departemen Anti Fraud   30 Juli 2025
'HINDARI KICKBACK'                                              Internal Employees     Management              July 30, 2025
Anti-Corruption and Anti-Bribery Training & Awareness for                              Anti-Fraud Management
‘AVOID KICKBACKS’                                                                      Department




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   Performance Highlights              Management Report             Company Profile




                                                                                                                        Tanggal
                  Topik Pelatihan atau Sosialisasi                Kategori Peserta           Penyelenggara
                                                                                                                      Pelaksanaan
                  Training or Dissemination Topics               Participant Category          Organizer
                                                                                                                          Date

 Training & Sosialisasi Anti Korupsi dan Anti Penyuapan untuk    Internal Karyawan       Departemen Anti Fraud   31 Agustus 2025
 'Hindari Tindakan Penyuapan'                                    Internal Employees      Management              August 31, 2025
 Anti-Corruption and Anti-Bribery Training & Awareness Session                           Anti-Fraud Management
 for 'Avoid Bribery'                                                                     Department

 Training & Sosialisasi Anti Korupsi dan Anti Penyuapan untuk    External                Departemen Anti Fraud   17 Maret 2025
 Mitra Bisnis                                                    External                Management              March 17, 2025
 Anti-Corruption and Anti-Bribery Training & Dissemination for                           Anti-Fraud Management
 Business Partners                                                                       Department

 Training & Sosialisasi Anti Korupsi dan Anti Penyuapan untuk    Internal Karyawan       Departemen Anti Fraud   12 Desember 2025
 'LAPORKAN GRATIFIKASI'                                          Internal Employees      Management              December 12, 2025
 Anti-Corruption and Anti-Bribery Training & Dissemination for                           Anti-Fraud Management
 'REPORT GRATUITIES'                                                                     Department

 Training & Sosialisasi Anti Korupsi dan Anti Penyuapan untuk    External                Departemen Anti Fraud   16 Desember 2025
 Mitra Bisnis                                                    External                Management              December 16, 2025
 Anti-Corruption and Anti-Bribery Training & Dissemination for                           Anti-Fraud Management
 Business Partners                                                                       Department




Penyediaan Dana untuk
Kegiatan Sosial dan Kegiatan Politik
Provision of Funds for Social and Political Activities



Perseroan memiliki kebijakan tertulis yang secara tegas               The Company has a written policy that strictly prohibits
melarang keterlibatan individu atas nama Perseroan dalam              individuals from engaging in political activities on behalf of
kegiatan politik, termasuk pemberian donasi atau kontribusi apa       the Company, including making any political donations or
pun yang bersifat politik. Larangan ini sejalan dengan komitmen       contributions. This prohibition is in line with the Company’s
Perseroan untuk menjaga independensi dan profesionalisme              commitment to maintaining independence and professionalism
dalam menjalankan kegiatan usaha.                                     in conducting its business activities.

Di luar konteks politik, Perseroan tetap aktif melaksanakan           Outside the political context, the Company remains active in
berbagai program Tanggung Jawab Sosial Perusahaan                     implementing various Corporate Social Responsibility (CSR)
(Corporate Social Responsibility/”CSR”) sebagai bentuk                programs as a form of sustainable contribution to society
kontribusi berkelanjutan terhadap masyarakat dan lingkungan.          and the environment. Through the “FIF Peduli” program, the
Melalui program “FIF Peduli”, Perseroan menyalurkan bantuan           Company distributes aid and donations, both through internal
dan donasi baik atas inisiatif internal maupun kerja sama dengan      initiatives and in collaboration with external parties, as part of
pihak eksternal sebagai bagian dari upaya memberikan dampak           its efforts to have a positive impact on stakeholders.
positif bagi para pemangku kepentingan.




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Pemberian donasi dilakukan secara selektif dengan                 Donations are made selectively by considering the priority
mempertimbangkan skala prioritas penerima manfaat yang            scale of beneficiaries, which are divided into high, medium, low,
dibagi ke dalam kategori tinggi, sedang, rendah, dan tidak        and non-priority categories. In determining these priorities, the
masuk prioritas. Dalam menentukan prioritas tersebut,             Company considers several main factors, including:
Perseroan memperhatikan beberapa faktor utama, antara lain:
1. Memperhatikan aspek keberlanjutan yang sesuai dengan           1. Considering aspects of sustainability in line with the
   Sustainable Development Goals (SDGs);                             Sustainable Development Goals (SDGs);
2. Tepat sasaran dan sesuai kebutuhan;                            2. Being targeted and appropriate to needs;
3. Dikoordinasikan dan dikomunikasikan dengan afiliasi            3. oordinated and communicated with the Company’s affiliates
   Perseroan agar tidak ada duplikasi;                               to avoid duplication;
4. Selektif dan dievaluasi dengan memperhatikan tujuan dan        4. Selective and evaluated by considering the objectives
   reputasi pihak atau organisasi/lembaga yang mengajukan            and reputation of the party or organization/institution that
   proposal, berdasarkan ketentuan ISO 37001, sebagai                submits a proposal, based on the provisions of ISO 37001,
   berikut;                                                          as follows;
   a. Nilai bantuan dibagi menjadi dua, nilai bantuan <= Rp25        a. The value of assistance is divided into two categories:
       juta dan >Rp25 juta.                                              assistance value ≤ Rp25 million and > Rp25 million.
   b. Dilakukan survey ke lokasi pemberi proposal untuk              b. A survey is conducted at the location of the proposal
       melihat langsung kebutuhannya dan validasi.                       submitter to directly assess their needs and validate
                                                                         the proposal.
   c. Jika bantuan yang diberikan >Rp25 juta, perlu dilakukan        c. If the assistance provided is >Rp25 million, the Integrity
      pengisian Formulir Integrity Due Diligence (IDD).                  Due Diligence (IDD) Form must be completed.
   d. Memastikan bahwa perusahaan serta pemilik dan/atau             d. Ensure that the company and its owners and/or
      pengurusnya tidak termasuk dalam daftar negatif list               managers are not included in the negative list published
      yang diterbitkan oleh lembagalembaga yang berwenang                by the relevant domestic and international authorities.
      baik dalam skala domestik maupun internasional.
5. Konsultasi kepada Fungsi Kepatuhan Anti Penyuapan              5. Consultation with the Anti-Bribery Compliance Function
   (FKAP).                                                           (FKAP).
   a. Ketersediaan dana (sesuai budget).                             a. Availability of funds (in accordance with the budget).

Sepanjang tahun 2025, Perseroan telah menyalurkan donasi          Throughout 2025, the Company has distributed donations
dengan total sebesar Rp23.387.833.235, yang terdiri atas dana     totaling Rp23,387,833,235, consisting of conventional funds of
konvensional sebesar Rp10.707.011.793 dan dana sosial syariah     Rp10,707,011,793 and sharia social funds of Rp12,680,821,442.
sebesar Rp12.680.821.442. Komitmen Perseroan untuk secara         The Company’s commitment to continuously providing a
berkelanjutan memberikan dampak positif bagi masyarakat,          positive impact on society, the environment, and debtors is
lingkungan, dan debitur diuraikan lebih lanjut dalam Laporan      further elaborated in the 2025 Sustainability Report.
Keberlanjutan Tahun 2025.




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Kebijakan Penanganan
Pengaduan Konsumen
Policy of Consumer Complaint Handling


Komitmen Pemberian Layanan Terbaik kepada Konsumen
Commitment to Providing the Best Service to Consumers

Perseroan berkomitmen untuk senantiasa menghadirkan                  The Company is committed to always providing the best service
layanan terbaik bagi seluruh konsumen dengan menyediakan             to all consumers by providing accessible, fast, and reliable
pelayanan yang mudah diakses, cepat, dan terpercaya, baik            services, both face-to-face at branch offices and through
secara tatap muka di jaringan kantor cabang maupun melalui           integrated digital platforms. This commitment is in line with the
platform digital yang terintegrasi. Komitmen ini sejalan dengan      TEAM (Teamwork, Excellence, Achieving, and Moving Forward)
nilai budaya TEAM (Teamwork, Excellence, Achieving, and              cultural values, where the spirit of Excellence is embodied in
Moving Forward), di mana semangat Excellence diwujudkan              every aspect of service as a form of the Company’s responsibility
dalam setiap aspek pelayanan sebagai bentuk tanggung                 in creating a superior consumer experience.
jawab Perseroan dalam menciptakan pengalaman konsumen
yang unggul.

Sebagai bagian dari strategi peningkatan kualitas layanan,           As part of its strategy to improve service quality, the Company
Perseroan secara konsisten memperluas dan memperkuat                 consistently expands and strengthens its communication
kanal komunikasi dengan konsumen, antara lain melalui Aplikasi       channels with consumers, including through the FIF on The
FIF on The GO (FIFGO) dan Fiona – Virtual Customer Service           GO (FIFGO) application and Fiona – Virtual Customer Service
Chatbot, yang dapat diakses 24 jam melalui berbagai platform         Chatbot, which can be accessed 24 hours a day through various
seperti WhatsApp, Facebook Messenger, Telegram, Instagram,           platforms such as WhatsApp, Facebook Messenger, Telegram,
dan situs web resmi Perseroan (https://fifgroup.co.id).              Instagram, and the Company’s official website (https://fifgroup.
                                                                     co.id).

Selain itu, Perseroan juga menyediakan beragam kanal layanan         Additionally, the Company provides a variety of additional
tambahan yang mudah diakses oleh konsumen, antara lain:              service channels that are easily accessible to consumers,
                                                                     including:
•   Contact Center HALOFIF di nomor 1500-343 (FIF);                  • HALOFIF Contact Center at 1500-343 (FIF);
•   Email resmi di halofif@fifgroup.astra.co.id; dan                 • Official email at halofif@fifgroup.astra.co.id; and
•   Akun media sosial resmi FIFCLUB yang dapat diakses               • The official FIFCLUB social media account, accessible via
    melalui Facebook, Instagram, X, TikTok, dan YouTube.                 Facebook, Instagram, X, TikTok, and YouTube.
•   Layanan HALOFIF tersedia pada hari Senin-Minggu pukul            • HALOFIF services are available Monday through Sunday
    08.00-21.00 WIB.                                                     from 8:00 AM to 9:00 PM WIB.

Selain mengoptimalkan berbagai kanal pengaduan yang                  Besides utilizing the various complaint channels provided,
telah disediakan, konsumen juga dapat menyampaikan                   customers may also submit complaints directly at the Company’s
pengaduan secara langsung di kantor cabang Perseroan,                branch offices, where complaints will be received and recorded
di mana pengaduan akan diterima dan dicatatkan oleh                  by the Customer Relations Executive (CRE). If consumers feel
Customer Relation Executive (CRE). Apabila konsumen merasa           that the resolution at the branch level is not in accordance with
bahwa penyelesaian di tingkat cabang belum sesuai dengan             the mutual agreement, the complaint can be forwarded to the
kesepakatan bersama, maka pengaduan dapat diteruskan ke              head office through the smart queue machine/Integrated Self
kantor pusat melalui mesin antrian pintar/Integrated Self Service    Service (ISS) available at all branch offices.
(ISS) yang tersedia di seluruh kantor cabang.




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Perseroan juga menerima pengaduan yang disampaikan melalui         The Company also accepts complaints submitted through
berbagai sarana lain, termasuk media massa (cetak maupun           various other means, including mass media (print and electronic),
elektronik), Aplikasi Portal Perlindungan Konsumen (APPK)          the FSA Consumer Protection Portal Application (APPK), or
OJK, maupun surat resmi yang dikirimkan ke kantor cabang           official letters sent to the Company’s branch or head office.
atau kantor pusat Perseroan.

Tidak hanya berfokus pada kualitas penanganan pengaduan,           Not only focusing on the quality of complaint handling, the
Perseroan juga berupaya menciptakan pengalaman terbaik bagi        Company also strives to create the best experience for
konsumen melalui penerapan customer journey management.            consumers through the implementation of customer journey-
Dalam hal ini, Perseroan telah menerapkan kebijakan pelayanan      -management. In this case, the Company has implemented
di kantor cabang yang mendorong efektivitas dan efisiensi          a service policy at branch offices that encourages the
proses layanan melalui penggunaan ISS System. Melalui              effectiveness and efficiency of the service process through the
ISS, Perseroan mengatur sistem antrian yang terpisah antara        use of the ISS System. Through ISS, the Company manages a
reservasi dan non-reservasi, serta menyediakan antrian khusus      separate queuing system for reservations and non-reservations,
bagi lansia dan penyandang disabilitas.                            as well as providing special queues for the elderly and people
                                                                   with disabilities.

ISS juga dilengkapi dengan fitur pemesanan antrian melalui         ISS is also equipped with a queue booking feature through
aplikasi FIFGO, sehingga waktu tunggu konsumen di kantor           the FIFGO application, so that consumer waiting time at
cabang dapat diminimalkan. Untuk mengurangi penumpukan             branch offices can be minimized. To reduce queue buildup,
antrian, konsumen non-reservasi dapat memindai QR code dari        non-reservation consumers can scan the QR code from ISS
ISS untuk memperoleh nomor antrian secara mandiri.                 to obtain a queue number independently.

Komitmen Perseroan dalam memberikan pelayanan terbaik              The Company’s commitment to providing the best service
kepada seluruh konsumen sekaligus merupakan wujud                  to all customers is also a form of compliance with consumer
kepatuhan terhadap ketentuan perlindungan konsumen,                protection regulations, as stipulated in POJK No. 22 of 2023
sebagaimana diatur dalam POJK No. 22 Tahun 2023 tentang            concerning Consumer and Community Protection in the
Pelindungan Konsumen dan Masyarakat di Sektor Jasa                 Financial Services Sector, as well as POJK No. 18/POJK.07/2018
Keuangan, serta POJK No. 18/POJK.07/2018 tentang Layanan           concerning Consumer Complaint Services in the Financial
Pengaduan Konsumen di Sektor Jasa Keuangan.                        Services Sector.


Prosedur Penanganan Pengaduan Debitur
Debtor Complaint Handling Procedure


Solusi penyelesaian pengaduan konsumen di lingkungan               The resolution of consumer complaints within the Company is
Perseroan dilaksanakan berdasarkan Service Level Agreement         carried out based on the established Service Level Agreement
(SLA) yang telah ditetapkan, guna memastikan setiap pengaduan      (SLA), to ensure that every consumer complaint is handled
konsumen ditangani secara cepat, tepat, transparan, dan sesuai     promptly, accurately, transparently, and in accordance with
ketentuan yang berlaku. Perseroan telah menyusun prosedur          applicable regulations. The Company has developed procedures
serta standar penanganan pengaduan dengan mengacu pada             and standards for handling complaints in accordance with POJK
POJK No. 22 Tahun 2023 tentang Pelindungan Konsumen                No. 22 of 2023 concerning Consumer and Public Protection in
dan Masyarakat di Sektor Jasa Keuangan dengan mekanisme            the Financial Services Sector with the following mechanisms:
sebagai berikut:
1. Konsumen menyampaikan pengaduan melalui media yang              1. Consumers submit complaints through the media provided
    disediakan Perseroan.                                             by the Company.
2. Perseroan akan melakukan verifikasi atas kesesuaian data        2. The Company will verify the accuracy of the consumer/
    konsumen/pelapor.                                                 complainant’s data.
3. Perseroan akan menginformasikan kekurangan dokumen              3. The Company will inform the consumer of any missing
    pengaduan ( jika ada), dan konsumen akan mendapatkan              complaint documents (if any), and the consumer will be given
    waktu selama 10 (sepuluh) hari kerja untuk melengkapi             10 (ten) working days to complete the missing documents.
    kekurangan dokumen.




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     Performance Highlights       Management Report              Company Profile




4. Perseroan akan mencatatkan pengaduan konsumen jika             4. The Company will record the consumer complaint if
   seluruh dokumen dan pengaduan konsumen memenuhi                   all documents and consumer complaints meet the
   persyaratan dan konsumen akan mendapatkan notifikasi              requirements, and the consumer will receive a notification
   tanggal penerimaan pengaduan dan nomor registrasi                 of the date of receipt of the complaint and the complaint
   pengaduan (jika terdapat kekurangan dokumen) dan nomor            registration number (if there are missing documents) and
   tiket pengaduan ( jika semua dokumen lengkap).                    the complaint ticket number (if all documents are complete).
5. Perseroan akan menindaklanjuti dan menyelesaikan               5. The Company will follow up and resolve consumer
   pengaduan konsumen dalam jangka waktu 5 (lima) hari               complaints within 5 (five) working days (for complaints
   kerja (untuk pengaduan yang disampaikan secara lisan) atau        submitted verbally) or 10 (ten) working days (for complaints
   10 (sepuluh) hari kerja (untuk pengaduan yang disampaikan         submitted in writing).
   secara tertulis).

Apabila tidak terdapat kesepakatan dalam penyelesaian             If no agreement is reached in resolving the complaint, consumers
pengaduan, konsumen dapat melanjutkan pelaporan                   can continue to report the complaint to the Alternative Dispute
pengaduan ke Lembaga Alternatif Penyelesaian Sengketa             Resolution Institution for the Financial Services Sector (LAPS
Sektor Jasa Keuangan (LAPS SJK) untuk mendapatkan mediasi,        SJK) to obtain mediation, arbitration, or a binding opinion in
arbitrase maupun pendapat mengikat sesuai ketentuan               accordance with applicable regulations.
yang berlaku.


Informasi dan Dokumen yang Dibutuhkan untuk Menyampaikan Pengaduan
Information and Documents Required to Submit a Complaint


Sebelum menyampaikan pengaduan baik melalui kantor pusat,         Before submitting a complaint through the head office, branch
kantor cabang, maupun kanal komunikasi resmi Perseroan,           office, or the Company’s official communication channels,
konsumen diharapkan memahami terlebih dahulu beberapa             consumers are expected to first understand the following
informasi penting berikut agar proses penanganan dapat            important information so that the handling process can be
berlangsung lebih cepat, tepat, dan sesuai prosedur:              carried out more quickly, accurately, and in accordance
1. Data identitas konsumen/pelapor (terdiri dari nama, NIK/       with procedures:
    No. KTP, Tempat dan Tanggal Lahir);                           1. Consumer/complainant identification data (consisting of
                                                                      name, NIK/ID card number, place and date of birth);
2. Nomor handphone Konsumen/pelapor;                              2. Consumer/complainant’s mobile phone number;
3. Nomor kontrak konsumen ;                                       3. Consumer contract number;
4. Kronologis permasalahan yang diadukan;                         4. Chronology of the issue being reported;
5. Jika pengaduan disampaikan oleh perwakilan konsumen/           5. If the complaint is submitted by a representative of the
   pelapor maka ditambahkan:                                          consumer/complainant, the following must also be provided:
   a. Data identitas perwakilan konsumen/pelapor (terdiri dari        a. Consumer/complainant representative’s identity data
       Nama, NIK/No KTP, Tempat dan Tanggal Lahir, hubungan               (consisting of name, NIK/ID card number, place and date
       dengan konsumen/ pelapor);                                         of birth, relationship with the consumer/complainant);
   b. Data identitas konsumen/pelapor yang diwakilkan                 b. Identity information of the consumer/complainant being
       (terdiri dari Nama, NIK/No KTP, Tempat dan Tanggal                 represented (consisting of Name, NIK/ID Card Number,
       Lahir); dan                                                        Place and Date of Birth); and
   c. Surat Kuasa dari konsumen/pelapor.                              c. Power of Attorney from the consumer/complainant.
6. Nomor handphone perwakilan konsumen/pelapor.                   6. Mobile phone number of the consumer representative/
                                                                      complainant.




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Untuk memperlancar proses penanganan pengaduan,                       To facilitate the complaint handling process, consumers are also
Konsumen juga diharapkan untuk melampirkan dokumen-                   expected to attach the following documents when submitting
dokumen berikut pada saat penyampaian pengaduan:                      a complaint:
1. KTP Konsumen/Pelapor                                               1. ID Card of the Consumer/complainant
2. KTP Perwakilan Konsumen/Pelapor ( jika diwakilkan)                 2. ID Card of the Consumer/Complainant’s Representative
                                                                          (if represented)
3. Dokumen pendukung yang berkaitan dengan pengaduan.                 3. Supporting documents related to complaints.

Perseroan berhak menolak laporan pengaduan yang                       The Company reserves the right to reject complaints submitted
disampaikan oleh konsumen apabila tidak memenuhi ketentuan            by consumers if they do not meet the provisions set forth in POJK
sebagaimana diatur dalam POJK No. 22 Tahun 2023 tentang               No. 22 of 2023 concerning Consumer and Public Protection in
Pelindungan Konsumen dan Masyarakat di Sektor Jasa                    the Financial Services Sector, with the following details:
Keuangan, dengan rincian sebagai berikut:                             1. The consumer and/or Consumer Representative fails to
1. Konsumen dan/atau Perwakilan Konsumen tidak melengkapi                 complete the document requirements within the specified
    persyaratan dokumen sesuai dengan jangka waktu yang                   time frame (10 working days).
    telah ditetapkan (10 hari kerja).
2. Pengaduan sebelumnya telah diselesaikan oleh Perseroan             2. The complaint has already been resolved by the Company
    sesuai dengan Peraturan Otoritas Jasa Keuangan (OJK).                in accordance with the Financial Services Authority (FSA)
                                                                         regulations.
3. Pengaduan tidak terkait dengan kerugian dan/atau potensi           3. The complaint is not related to material, reasonable,
   kerugian materiil, wajar, dan secara langsung sebagaimana             and direct losses and/or potential losses as stated
   tercantum dalam perjanjian dan/atau dokumen pemanfaatan               in the agreement and/or product and/or service
   produk dan/atau layanan.                                              utilization documents.
4. Pengaduan tidak terkait dengan pemanfaatan produk dan/             4. The complaint is not related to the use of products and/or
   atau layanan yang dikeluarkan oleh Perseroan.                         services issued by the Company.
5. Pengaduan sedang dalam proses atau telah diputus oleh              5. The complaint is currently being processed or has been
   lembaga peradilan secara perdata.                                     decided by a civil court.


Publikasi Penanganan Pengaduan
Publication of Complaint Handling


Perseroan berkomitmen untuk terus melakukan perbaikan                 The Company is committed to continuously making consistent
berkesinam-bungan secara konsisten untuk melakukan                    improvements to address every complaint received. During
perbaikan berkelanjutan terhadap setiap pengaduan yang                the 2025 reporting year, the Company received 610 consumer
diterima. Selama tahun pelaporan 2025, Perseroan menerima             complaints, with the following details:
610 pengaduan konsumen, dengan rincian sebagai berikut:


                                                 Selesai                Dalam Proses                  Tidak Selesai              Jumlah
     Jenis Transaksi Keuangan                    Settled            In Settlement Process              Not Settled             Pengaduan
    Type of Financial Transaction        Jumlah       Persentase    Jumlah      Persentase       Jumlah      Persentase        Number of
                                         Number       Percentage    Number      Percentage       Number      Percentage        Complaints

 Pembiayaan Multiguna berupa               484              81,6%     13           76,5%             0           0%                497
 pembelian dengan pembayaran
 secara angsuran
 Multipurpose financing in the form
 of purchases with installment
 payments

 Pembiayaan lainnya yang                    83              14,0%     2             11,8%            0           0%                 85
 disetujui OJK
 Other financing approved by FSA




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                                                 Selesai              Dalam Proses             Tidak Selesai          Jumlah
     Jenis Transaksi Keuangan                    Settled          In Settlement Process         Not Settled         Pengaduan
    Type of Financial Transaction        Jumlah      Persentase   Jumlah      Persentase   Jumlah     Persentase    Number of
                                         Number      Percentage   Number      Percentage   Number     Percentage    Complaints

 Pembiayaan Modal Kerja berupa              18             3,0%     0             0,0%        0           0%             18
 Fasilitas Modal Usaha
 Working Capital Financing in the
 form of Business Capital Facilities

 Pembiayaan investasi berupa                8              1,3%     2             11,8%       0           0%             10
 pembelian dengan pembayaran
 secara angsuran
 Investment financing in the form
 of purchases with installment
 payments

 Jumlah                                    593                      17                        0                         610
 Total




Sepanjang tahun 2025, Perseroan telah mencatatkan 610               Throughout 2025, the Company recorded 610 complaints. As
pengaduan. Pada 31 Desember 2025, dari 610 jumlah                   of December 31, 2025, of the 610 complaints, the Company
pengaduan, Perseroan telah menyelesaikan 593 pengaduan              had resolved 593 complaints and 17 complaints were still
dan 17 pengaduan masih dalam proses penanganan. Per 23              being processed. As of January 23, 2026, all complaint tickets
Januari 2026, seluruh tiket pengaduan yang diterima Perseroan       received by the Company in 2025 had been handled and
pada tahun 2025 telah ditangani dan diselesaikan dengan tidak       resolved within the deadline stipulated in POJK No. 22 of
melebihi tenggat waktu yang tertuang dalam POJK No. 22              2023 concerning Consumer and Community Protection in
Tahun 2023 tentang Pelindungan Konsumen dan Masyarakat              the Financial Services Sector.
di Sektor Jasa Keuangan.




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Perlindungan Hak Kreditur
Protection of Creditors' Rights




Perseroan berkomitmen untuk memenuhi hak-hak kreditur              The Company is committed to fulfilling the rights of creditors
secara tepat waktu, transparan, dan sesuai dengan ketentuan        in a timely, transparent manner and in accordance with
peraturan perundang-undangan yang berlaku. Komitmen                applicable laws and regulations. This commitment is realized
tersebut diwujudkan melalui pengelolaan keuangan yang              through prudent financial management, the implementation
prudent, penerapan manajemen risiko yang memadai, serta            of adequate risk management, and the consistent fulfillment
pemenuhan kewajiban Perseroan secara konsisten sesuai              of the Company’s obligations in accordance with the agreed
dengan perjanjian yang telah disepakati.                           agreements.

Sepanjang tahun 2025, Perseroan tidak pernah melakukan             Throughout 2025, the Company never violated any agreements
pelanggaran terhadap perjanjian dengan kreditur dan senantiasa     with creditors and always fulfilled all obligations as agreed.
memenuhi seluruh kewajiban sebagaimana diperjanjikan.              Through the implementation of GCG, the Company always
Melalui penerapan GCG, Perseroan senantiasa menjaga                maintains the trust of creditors and ensures the continuity of
kepercayaan kreditur dan memastikan keberlangsungan                sustainable business relationships.
hubungan usaha yang berkelanjutan.




Integritas Pelaporan dan
Sistem Teknologi Informasi
Integrity of Reporting and Information Technology Systems



Perseroan menempatkan integritas pelaporan dan keamanan            The Company places reporting integrity and information
sistem teknologi informasi sebagai landasan utama dalam            technology system security as the main foundation in
mendukung keberlangsungan operasional dan proses bisnis.           supporting operational sustainability and business processes. IT
Tata kelola TI dijalankan berdasarkan best practice serta          governance is implemented based on best practices and refers
mengacu pada POJK No. 4/POJK.05/2021 tentang Penerapan             to POJK No. 4/POJK.05/2021 concerning the Implementation
Manajemen Risiko Dalam Penggunaan Teknologi Informasi              of Risk Management in the Use of Information Technology by
Oleh Lembaga Jasa Keuangan Non-Bank.                               Non-Bank Financial Services Institutions.

Dengan dukungan sistem TI yang terintegrasi dan andal,             With the support of an integrated and reliable IT system, the
Perseroan mampu menjaga akurasi, kelengkapan, serta                Company is able to maintain the accuracy, comprehensiveness,
transparansi pelaporan baik keuangan maupun non-keuangan.          and transparency of both financial and non-financial reporting.
Hal ini menjadi kunci dalam memperkuat kepercayaan regulator       This is key to strengthening the trust of regulators and
dan pemangku kepentingan serta meningkatkan efektivitas            stakeholders and improving the effectiveness of supervision
fungsi pengawasan dan pengambilan keputusan.                       and decision-making functions.




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Kebijakan Pengadaan Barang dan Jasa
Purchasing Policy for Goods and Services




Dalam rangka mendukung kelancaran kegiatan usaha dan             To support the flow of business activities and company
operasional perusahaan, FIFGROUP memerlukan barang               operations, FIFGROUP requires goods and/or services in
dan/atau jasa sesuai dengan kebutuhan bisnis. Pemenuhan          accordance with business needs. These needs are met through
kebutuhan tersebut dilakukan melalui proses pengadaan yang       a planned procurement process that prioritizes the principles of
dikelola secara terencana dengan mengedepankan prinsip           prudence, effectiveness, compliance with applicable regulations,
kehati-hatian, efektivitas, kepatuhan terhadap ketentuan yang    and the applicable budget. The procurement of goods and/or
berlaku, dan anggaran yang berlaku. Pengadaan barang dan/        services by FIFGROUP is carried out with reference to relevant
atau jasa FIFGROUP dilaksanakan dengan mengacu pada              laws and regulations, regulatory requirements, and internal
peraturan perundang-undangan yang relevan, ketentuan             company policies as part of the implementation of Good
regulator, serta kebijakan internal perusahaan sebagai bagian    Corporate Governance. The procurement policy is standardized
dari penerapan Tata Kelola Perusahaan yang Baik. Kebijakan       in the Company Guidelines for the Procurement of Goods and/or
pengadaan dibakukan dalam Pedoman Perusahaan Pengadaan           Services, which are established through management policies
Barang dan/atau Jasa yang ditetapkan melalui kebijakan           and/or Board of Directors Decrees, Circular Letters, and SOPs
manajemen dan/atau Surat Keputusan Direksi, Surat Edaran,        that serve as a reference for all FIFGROUP personnel.
dan SOP yang menjadi acuan bagi seluruh insan FIFGROUP.

Dengan berpedoman pada regulasi yang berlaku dan kebijakan       Guided by applicable regulations and internal company
internal perusahaan, FIFGROUP memastikan seluruh proses          policies, FIFGROUP ensures that all procurement processes
pengadaan barang dan/atau jasa dilaksanakan secara efektif,      for goods and/or services are carried out effectively, efficiently,
efisien, transparan, kompettitif, dan akuntabel pada setiap      transparently, competitively, and accountably at every stage,
tahapan, mulai dari perencanaan kebutuhan, penentuan             from planning requirements, determining goods and/or services,
barang dan/atau jasa, pemilihan dan penentuan penyedia           selecting and determining suppliers of goods and/or services,
barang dan/atau jasa, penentuan pengadaan barang dan/            determining the procurement of goods and/or services, to
atau jasa, hingga melakukan evaluasi atas pengadaan barang       evaluating the procurement of goods and/or services. This
dan/atau jasa. Pendekatan ini diterapkan untuk memastikan        approach is applied to make sure procurement process is in
proses pengadaan berjalan selaras dengan prinsip Tata Kelola     line with the principles of Good Corporate Governance, thereby
Perusahaan yang Baik, sehingga memberikan nilai tambah bagi      providing added value to FIFGROUP and its stakeholders.
FIFGROUP dan para pemangku kepentingan.

Dalam pelaksanaan pengadaan, FIFGROUP memastikan                 In implementing procurement, FIFGROUP assures that suppliers
kepatuhan penyedia terhadap komitmen Dampak Lingkungan,          comply with Environmental, Social, and Corporate Governance
Sosial, dan Tata Kelola Perusahaan sebagai upaya mendorong       commitments in an effort to promote responsible procurement,
pengadaan yang bertanggung jawab, meningkatkan                   increase transparency, and minimize environmental impact.
transparansi, serta meminimalkan dampak lingkungan.

Untuk memastikan kesesuaian pelaksanaan pengadaan dengan         To confirm adherence to applicable procurement regulations,
ketentuan yang berlaku, FIFGROUP secara berkala melakukan        FIFGROUP periodically conducts audits of goods and/or
audit pengadaan barang dan/atau jasa guna memastikan             services procurement to check that all processes are carried
seluruh proses telah dijalankan sesuai prosedur dan kebijakan    out in accordance with established procedures and policies.
yang ditetapkan.

Dalam rangka mendukung penerapan proses pengadaan                In order to support the implementation of an integrity-
yang berintegritas, FIFGROUP telah menerapkan sertifikasi        based procurement process, FIFGROUP has implemented
ISO 37001:2016 tentang Sistem Manajemen Anti Penyuapan.          ISO 37001:2016 certification on Anti-Bribery Management




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Implementasi ini mencerminkan komitmen FIFGROUP dalam              Systems. This implementation reflects FIFGROUP’s
pengendalian gratifikasi, pencegahan suap, serta penerapan         commitment to controlling gratuities, preventing bribery, and
Whistleblowing System sesuai standar internasional.                implementing a Whistleblowing System in accordance with
                                                                   international standards.

Dalam menjalankan kegiatan usaha, sepanjang tahun 2025             In conducting its business activities, throughout 2025 FIFGROUP
FIFGROUP secara konsisten menerapkan prinsip dan kebijakan         has consistently applied these procurement principles and
pengadaan tersebut dalam rangka pemenuhan kebutuhan                policies in order to meet the company’s needs for goods and/
barang dan/atau jasa perusahaan.                                   or services.


Prinsip Dasar Pengadaan Barang dan/atau Jasa
Basic Principles of Goods and/or Services Procurement


Pengadaan barang dan/atau jasa di FIFGROUP dilaksanakan            The procurement of goods and/or services at FIFGROUP is
berdasarkan prinsip-prinsip yang memastikan setiap tahapan         conducted based on principles that ensure each stage of
proses berjalan secara profesional, transparan, dan akuntabel.     the process is conducted professionally, transparently, and
Penerapan prinsip dasar pengadaan bertujuan untuk                  accountably. The application of basic procurement principles
memperoleh hasil yang optimal dengan mempertimbangkan              aims to achieve optimal results by considering the balance
keseimbangan antara manfaat dan biaya, memenuhi kebutuhan          between benefits and costs, meeting the company’s needs
perusahaan secara efektif dan efisien, serta menjamin              effectively and efficiently, and ensuring healthy business
terciptanya persaingan usaha yang sehat. Melalui penerapan         competition. Through the consistent application of ethical and
standar etika dan tata kelola yang konsisten, FIFGROUP             governance standards, FIFGROUP is committed to creating an
berkomitmen untuk menciptakan proses pengadaan yang                objective and accountable procurement process that provides
objektif, dapat dipertanggungjawabkan, dan memberikan nilai        added value to the company.
tambah bagi perusahaan.

Prinsip-prinsip dasar pengadaan barang dan/atau jasa di            The basic principles of goods and/or services procurement at
FIFGROUP dijabarkan sebagai berikut:                               FIFGROUP are outlined as follows:
1. Efektif                                                         1. Effective
    Pengadaan dilakukan untuk memenuhi kebutuhan                      Procurement is managed to meet the company’s needs
    perusahaan sesuai tujuan yang telah ditetapkan dengan             in accordance with the objectives set by ensuring that the
    memastikan barang dan/atau jasa yang diperoleh                    goods and/or services obtained provide optimal benefits
    memberikan manfaat optimal bagi kegiatan usaha.                   for business activities.

2. Efisien                                                         2. Efficiency
   Proses pengadaan dilaksanakan secara optimal dengan                The procurement process is carried out optimally while
   tetap mengedepankan kualitas, ketepatan waktu, kewajaran           prioritizing quality, timeliness, reasonable pricing, and
   harga, dan kepatuhan terhadap ketentuan yang berlaku.              compliance with applicable regulations.

3. Transparan                                                      3. Transparent
   Seluruh proses pengadaan dilaksanakan secara terbuka               The entire procurement process is conducted openly
   dengan informasi yang jelas dan dapat ditelusuri, guna             with clear and traceable information to ensure that the
   memastikan proses pembelian dilakukan secara adil dan              purchasing process is fair and impartial.
   tidak berpihak.




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4. Kompetitif                                                      4. Competitive
   Pengadaan dilakukan melalui persaingan usaha yang                  Procurement is conducted through healthy and equal
   sehat dan setara di antara penyedia yang memenuhi                  competition among qualified suppliers, resulting in the
   persyaratan, sehingga diperoleh hasil terbaik melalui proses       best outcomes through an objective process.
   yang objektif.

5. Akuntabel                                                       5. Accountable
   Setiap keputusan pengadaan dapat dipertanggungjawabkan             Every procurement decision is accountable and made
   dan diambil secara independen, bebas dari pengaruh                 independently, free from personal interests or attempts to
   kepentingan pribadi maupun upaya untuk memperoleh                  gain personal benefit.
   keuntungan pribadi.


Etika Pengadaan Barang dan Jasa
Ethics of Goods and Services Procurement


FIFGROUP menetapkan etika pengadaan yang berlaku bagi              FIFGROUP establishes procurement ethics that apply to all
seluruh pihak yang terlibat dalam proses pengadaan barang          parties involved in the procurement process of goods and/
dan/atau jasa. Etika pengadaan ini bertujuan untuk mendorong       or services. These procurement ethics aim to encourage
praktik pengadaan yang berintegritas, meningkatkan efektivitas     integrity in procurement practices, improve the effectiveness
dan efisiensi penggunaan sumber daya perusahaan, serta             and efficiency of the use of company resources, and ensure
memastikan terselenggaranya proses pengadaan yang                  a transparent, competitive, accountable procurement process
transparan, kompetitif, akuntabel, dan sesuai dengan prinsip       that is in accordance with the principles of Good Corporate
Tata Kelola Perusahaan yang Baik. Etika pengadaan barang           Governance. The procurement ethics for goods and/or services
dan/atau jasa di FIFGROUP dijabarkan sebagai berikut:              at FIFGROUP are outlined as follows:

1. Menghindari dan mencegah terjadinya benturan                    1. Avoiding and preventing conflicts of interest with related
   kepentingan dengan pihak terkait, baik secara langsung             parties, either directly or indirectly, that could potentially
   maupun tidak langsung, yang berpotensi memengaruhi                 affect the objectivity of the procurement process.
   objektivitas proses pengadaan.
2. Mengelola penggunaan sumber daya perusahaan secara              2. Managing the use of company resources responsibly to
   bertanggung jawab untuk mencegah pemborosan dan                    prevent waste and potential leakage.
   potensi kebocoran.
3. Menghindari dan mencegah penyalahgunaan wewenang                3. Avoiding and preventing abuse of authority in all stages of
   dalam seluruh tahapan pengadaan barang dan/atau jasa.              the procurement of goods and/or services.
4. Menjaga kerahasiaan informasi serta melindungi data             4. Maintaining the confidentiality of information and protecting
   pribadi yang diperoleh dalam proses pengadaan sesuai               personal data obtained during the procurement process in
   dengan ketentuan yang berlaku.                                     accordance with applicable regulations.
5. Menjunjung tinggi etika bisnis dengan tidak menerima,           5. Upholding business ethics by not accepting, offering, or
   menawarkan, atau menjanjikan gratifikasi dalam bentuk              promising gratuities in any form, and committing to the
   apa pun, serta berkomitmen pada pencegahan kecurangan              prevention of fraud in the procurement process.
   (anti-fraud) dalam proses pengadaan.




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Metode dan Mekanisme Pengadaan Barang dan/atau Jasa
Methods and Mechanisms for Procurement of Goods and/or Services

Mekanisme pengadaan barang dan jasa merupakan bagian                    The procurement mechanism for goods and services is an
penting dalam mendukung kelancaran operasional dan                      important part in supporting operational activities and achieving
pencapaian tujuan organisasi. Proses pengadaan di FIFGROUP              organizational objectives. The procurement process at
dilaksanakan melalui berbagai metode, antara lain tender,               FIFGROUP is carried out through various methods, including
pitching, dan penunjukan langsung, yang disesuaikan dengan              tender, pitching, and direct appointment, which are adjusted
karakteristik serta kebutuhan pengadaan. Setiap metode                  to the characteristics and procurement needs. Each method
diterapkan berdasarkan kriteria tertentu untuk memastikan               is implemented based on certain criteria to ensure that the
proses pengadaan dilaksanakan secara tertib, transparan,                procurement process is conducted in an orderly, transparent,
dan akuntabel, serta berjalan secara efisien dan efektif sesuai         and accountable manner, and runs efficiently and effectively in
dengan kebijakan perusahaan dan ketentuan yang berlaku.                 accordance with company policies and applicable regulations.

Adapun mekanisme untuk masing-masing metode pengadaan                   The mechanisms for each of these procurement methods are
tersebut adalah sebagai berikut:                                        as follows:


  Metode Pengadaan Barang dan Jasa
                                                                               Mekanisme Pelaksanaan
   Goods and Services Procurement
                                                                              Implementation Mechanism
              Methods

 Tender                                   Pengadaan barang dan jasa yang dilakukan dengan cara membandingkan quality, quantity, cost &
                                          delivery minimal 3 vendor (pada kondisi tertentu dimungkinkan dengan minimal 2 vendor) berbentuk
                                          badan usaha atau perorangan, sesuai dengan aturan yang telah ditentukan oleh Perusahaan.

                                          Procurement of goods and services is carried out by comparing the quality, quantity, cost & delivery
                                          at least 3 vendors (under certain conditions, at least 2 vendors are possible) in the form of business
                                          entities or individuals, in accordance with the rules determined by the Company.

 Pitching                                 Pengadaan barang dan jasa yang dilakukan dengan cara membandingkan quality, quantity, cost &
                                          delivery minimal 3 vendor (pada kondisi tertentu dimungkinkan dengan minimal 2 vendor) dengan
                                          spesifikasi yang sama, yang ditentukan oleh nilai maksimum transaksi dibawah nilai kategori tender.

                                          Procurement of goods and services is conducted by comparing the quality, quantity, cost, &
                                          delivery at least 3 vendors (under certain conditions, at least 2 vendors are possible) with the same
                                          specifications, determined by the maximum transaction value below the tender category value.

 Penunjukan Langsung                      Pengadaan barang dan jasa tanpa vendor pembanding serta dilakukan atas dasar kondisi tertentu
 Direct Appointment                       yang memenuhi salah satu kriteria Penunjukkan Langsung.

                                          Procurement of goods and services without comparing vendors is conducted based on certain
                                          conditions that meet one of the criteria for Direct Appointment.




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Gambaran Umum Prosedur Pengadaan Barang dan/atau Jasa
Overview of Goods and/or Services Procurement Procedures


 Ketentuan                  Pelaksanaan pengadaan barang dan/atau jasa di             The procurement of goods and/or services at FIFGROUP
 Provisions                 FIFGROUP mengacu pada ketentuan eksternal                 refers to applicable external provisions as well as internal
                            yang berlaku serta kebijakan dan pedoman internal         company policies and guidelines, which are standardized
                            perusahaan, yang dibakukan dalam Pedoman                  in the Company Procurement Guidelines.
                            Pengadaan Perusahaan.

 Sentralisasi Pengadaan     Pada prinsipnya, FIFGROUP menerapkan sistem               In principle, FIFGROUP implements a centralized
 Centralized Procurement    sentralisasi pengadaan untuk meningkatkan efisiensi,      procurement system to improve the efficiency,
                            efektivitas, dan keamanan proses pengadaan.               effectiveness, and security of the procurement process.
                            Penerapan sentralisasi ini dibagi ke dalam dua model      The implementation of this centralization is divided into
                            sebagai berikut:                                          the following two models:

                            1.   Sentralisasi Pengadaan dari Head Office             1.    Centralized Procurement from Head Office
                                 Pengadaan dilakukan secara terpusat di Head               Procurement is implemented centrally at the
                                 Office (HO) dalam hal pemilihan, penetapan, dan           Head Office (HO) in terms of vendor selection,
                                 pengelolaan vendor, sementara pelaksanaan                 determination, and management, while the
                                 operasional pengadaan dilaksanakan oleh Network           operational implementation of procurement is
                                 sesuai dengan kebutuhan masing-masing unit.               carried out by the Network in accordance with
                                 FIFGROUP secara berkelanjutan melakukan evaluasi          the needs of each unit. FIFGROUP continuously
                                 terhadap kategori barang dan/atau jasa yang dapat         evaluates categories of goods and/or services that
                                 diimplementasikan secara terpusat, termasuk               can be implemented centrally, including identifying
                                 identifikasi produk dan layanan yang berpotensi           products and services that have the potential to
                                 untuk dikonsolidasikan, guna meningkatkan efisiensi       be consolidated, to improve cost efficiency, quality
                                 biaya, keseragaman kualitas, serta kemudahan              uniformity, and ease of vendor control across all
                                 pengendalian vendor di seluruh wilayah operasional.       operational areas.

                            2. Pengajuan Pengadaan dari Network                   2. Procurement Requests from the Network
                               Mekanisme pengadaan di mana Network                   A procurement mechanism whereby the Network
                               mengajukan kebutuhan dengan memanfaatkan              submits its requirements using local vendors, with
                               vendor lokal, dengan persetujuan Head Office untuk    the approval of the Head Office to maintain control
                               memastikan pengendalian dan standarisasi proses.      and standardization of the process.

 Strategi Pengadaan         Strategi pengadaan disusun melalui penerapan berbagai     Procurement strategies are developed through the
 Procurement Strategy       metode sourcing dan evaluasi pricing, yang didukung       application of various sourcing and pricing evaluation
                            oleh sistem pengadaan yang terintegrasi dan selalu        methods, supported by an integrated procurement
                            dikembangkan sesuai dengan kebutuhan bisnis.              system that is continuously developed in line with
                                                                                      business needs.

 Pemisahan Fungsi           Pemisahan fungsi antara unit yang memproses               The separation of functions between units that
 Separation of Functions    pengadaan sebagai berikut:                                process procurement is as follows:
                            1. Unit Pemohon;                                          1. Requester Unit;
                            2. Unit Pengendali Anggaran;                              2. Budget Control Unit;
                            3. Unit Pengadaan yang melaksanakan                       3. Procurement Unit;
                               proses pengadaan;
                            4. Unit yang melakukan pengawasan.                        4. Supervisory Unit.

 Leveling Kewenangan        Kewenangan dalam pengambilan keputusan                    Authority in procurement decision-making is determined
 Memutus                    pengadaan ditetapkan secara berjenjang dengan             in stages by considering the level of risk and procurement
 Leveling of Decision-      mempertimbangkan tingkat risiko dan nilai pengadaan       value to ensure control, accountability, and compliance
 Making Authority           guna memastikan pengendalian, akuntabilitas, serta        with the requirements for goods and/or services in
                            kesesuaian pemenuhan kebutuhan barang dan/jasa            accordance with applicable regulations.
                            sesuai ketentuan yang berlaku.




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Sistem Pengadaan Barang dan Jasa FIFGROUP
FIFGROUP Goods and Services Procurement System

Proses pengadaan di FIFGROUP dilakukan secara sistem                The procurement process at FIFGROUP is done systematically
dengan memanfaatkan fasilitas teknologi komunikasi dan              by utilizing communication and information technology facilities.
informasi. Dengan menerapkan kebijakan ini, semua pihak             By implementing this policy, all parties involved can connect
yang terlibat dapat terhubung secara online dalam satu platform     online on a single integrated platform, from the partner
terintergrasi mulai dari proses pendaftaran rekanan, tahap          registration process, the procurement stage, payment, to
pengadaan, pembayaran, hingga evaluasi rekanan.                     partner evaluation.

Penerapan sistem pengadaan dilakukan mengingat                      The procurement system is implemented in view of the
cakupan proses pengadaan yang luas serta kebutuhan akan             broad scope of the procurement process and the need for
standardisasi, pemantauan, dan dokumentasi yang terintegrasi.       integrated standardization, monitoring, and documentation.
Melalui sistem ini, setiap tahapan pengadaan dilaksanakan           Through this system, each stage of procurement is carried
dengan alur persetujuan yang jelas dan sesuai dengan                out with a clear approval flow in accordance with company
ketentuan perusahaan, didukung oleh ketersediaan data yang          regulations, supported by the availability of data that can be
dapat dimanfaatkan untuk analisis dan penyusunan strategi           used for analysis and the formulation of more effective and
pembelian yang lebih efektif dan efisien, serta terintegrasi        efficient purchasing strategies, as well as integrated with the
dengan proses pembayaran.                                           payment process.

Sistem pengadaan FIFGROUP telah diterapkan di Kantor Pusat          The FIFGROUP procurement system has been implemented
dan Network dengan tujuan mengintegrasikan seluruh proses           at the Head Office and Network with the aim of integrating all
pengadaan agar dapat dimonitor secara efektif dan mendukung         procurement processes so that they can be monitored effectively
pengendalian serta tata kelola pengadaan yang lebih baik            and support better procurement control and governance.




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Alur Proses Pengadaan Barang dan/atau Jasa FIFGROUP
FIFGROUP Goods and/or Services Procurement Process Flow


              Pemilihan Rekanan                                                                                                   Penunjukan
 No
               Partner Selection                              Alur Proses Pengadaan                 Lokasi                         Langsung
                                               No                                                             Tender   Pitching
                                                             Procurement Process Flow              Location                          Direct
 1     Background Checking                                                                                                        Appointment
       Background Checking
                                                1    Pengajuan Proposal Pengadaan (RFP)              HO
 2     Kunjungan Fisik/Virtual                       Submission of Procurement Proposal (RFP)
       Physical/Virtual Site Visit
                                                2    Pencarian Penawaran                            HO &
 3     Dokumentasi                                   Vendor Sourcing                               Network
       Form Survey Vendor
       Vendor Survey Form                       3    Pembuatan Quality, Cost, and Delivery          HO &
       Documentation                                 Preparation of Quality, Cost, and Delivery    Network
 4     Pelaksanaan Integrity Due                4    Pembuatan Term of Reference                    HO &
       Dilligence                                    Preparation of Terms of Reference             Network
       Conducting Integrity Due
       Diligence                                5    Aanwijzing                                     HO &
                                                                                                   Network
 5     Validasi Department Head
       Procurement                              6    Persetujuan Harga Perkiraan Sendiri             HO
       Validation by Head of                         Approval of Owner’s Estimate
       Procurement Department                   7    Pembuatan & Publish Request for                HO &
 6     Pendaftaran Calon Rekan Bisnis                Quotation (RFQ)                               Network
       secara Sistem                                 Preparation & Publication of Request for
       System Registration of                        Quotation (RFQ)
       Prospective Business Partner             8    Rekap dan Analisa Data Vendor                  HO &
                                                     Vendor Data Recapitulation and Analysis       Network
                                                9    Tindak lanjut Hasil Penilaian Integrity Due     HO
                                                     Dilligence
                                                     Follow-up on Integrity Due Diligence
                                                     Results
                                                10   Persetujuan Komite Tender                      HO &
                                                     Tender Committee Approval                     Network
                                                11   Pengumuman Pemenang                            HO &
                                                     Announcement of Winner                        Network
                                                12   Penyusunan Draft Perjanjian Kerja Sama         HO &
                                                     Drafting of Cooperation Agreement             Network
                                                13   Review Perjanjian Kerja Sama                   HO &
                                                     (Procurement, Proses Owner, Legal)            Network
                                                     Review of Cooperation Agreement
                                                     (Procurement, Process Owner, Legal)
                                                14   Penandatanganan Perjanjian Kerja Sama          HO &
                                                     Signing of Cooperation Agreement              Network
                                                15   Pembuatan Purchase Requisition                 HO &
                                                     Pemesanan Barang/Jasa                         Network
                                                     Creation of Purchase Requisition for
                                                     Ordering Goods/Services
                                                16   Persetujuan Pengajuan Pemesanan                HO &
                                                     Barang/Jasa                                   Network
                                                     Approval of Purchase Requisition for
                                                     Ordering Goods/Services
                                                17   Penerbitan Purchase Order                      HO &
                                                     Issuance of Purchase Order                    Network
                                                18   Penerimaan dan Pemeriksaan Barang/Jasa         HO &
                                                     Receipt and Inspection of Goods/Services      Network
                                                19   Penerimaan dan Verifikasi Tagihan              HO &
                                                     Invoice Receipt and Verification              Network
                                               20    Pembayaran                                     HO &
                                                     Payment                                       Network
                                                21   Evaluasi Proses Pengadaan Barang/Jasa          HO &
                                                     Evaluation of Procurement Process for         Network
                                                     Goods/Services
                                               22    Evaluasi Rekan Bisnis                          HO &
                                                     Vendor Evaluation                             Network




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FIFGROUP memiliki kebijakan terkait alur dan proses pengadaan            FIFGROUP has a policy regarding the flow and process of
barang dan/atau jasa yang dirancang untuk memastikan seluruh             procurement of goods and/or services, which is designed so
kegiatan pengadaan sudah dilaksanakan secara terencana,                  that all procurement activities are carried out in a planned,
transparan, dan akuntabel dengan mengedepankan prinsip                   transparent, and accountable manner by promoting the
GCG. Proses ini bertujuan untuk mendukung kelancaran                     principles of GCG. This process aims to support the smooth
operasional Perseroan sekaligus memastikan pemenuhan                     operation of the Company while confirming the procurement of
kebutuhan barang dan/atau jasa sesuai dengan standar kualitas,           goods and/or services meets quality standards, cost efficiency,
efisiensi biaya, serta ketentuan yang berlaku.                           and applicable regulations.

Proses pengadaan diawali dengan kegiatan perencanaan dan                 The procurement process begins with the planning and
identifikasi kebutuhan barang dan/atau jasa oleh unit kerja              identification of goods and/or services requirements by the
terkait, dengan mengacu pada rencana kerja dan anggaran                  relevant work units, with reference to the Company’s work plan
Perseroan. Pada tahap ini, setiap kebutuhan pengadaan ditelaah           and budget. At this stage, each procurement requirement is
secara cermat dari aspek urgensi, spesifikasi, anggaran, serta           carefully reviewed in terms of urgency, specifications, budget,
kesesuaian dengan kebijakan internal, guna memastikan bahwa              and compliance with internal policies so the procurement is
pelaksanaan pengadaan dilakukan secara tepat sasaran,                    carried out in a targeted, efficient, and controlled manner.
efisien, dan terkontrol.

Adapun proses evaluasi terhadap calon penyedia dilakukan                 The evaluation process for prospective providers is conducted
secara menyeluruh, mencakup aspek administratif, teknis, dan             thoroughly, covering administrative, technical, and commercial
komersial, guna memastikan kompetensi serta kapabilitas                  aspects, allowing the competence and capability of providers
penyedia dalam memenuhi kebutuhan Perseroan. Selanjutnya,                in meeting the Company’s needs. Furthermore, FIFGROUP
FIFGROUP melaksanakan proses pemilihan penyedia barang                   implements the process of selecting goods and/or service
dan/atau jasa melalui mekanisme yang disesuaikan dengan                  providers through mechanisms tailored to the value, including
nilai, antara lain melalui tender, pitching, dan penunjukan              through tenders, pitching, and direct appointments. The
langsung. Penetapan metode pengadaan tersebut dilakukan                  determination of the procurement method is done by always
dengan senantiasa mengedepankan prinsip transparansi,                    prioritizing the principles of transparency, objectivity, and fair
objektivitas, dan persaingan usaha yang sehat.                           business competition.

Setelah penyedia ditetapkan, proses pengadaan dilanjutkan                Once the supplier has been selected, the procurement process
dengan pelaksanaan kerja sama, serta pemantauan atas                     continues with the implementation of the cooperation, as well
pelaksanaan pengadaan sesuai dengan ketentuan yang                       as monitoring of the procurement process in accordance with
telah disepakati. Perseroan melakukan pengawasan secara                  the agreed terms and conditions. The Company conducts
berkelanjutan untuk memastikan bahwa pengadaan barang                    ongoing supervision to ensure that the procurement of goods
dan/atau jasa dilaksanakan sesuai dengan ruang lingkup                   and/or services is conducted in accordance with the scope of
pekerjaan, spesifikasi teknis, dan jadwal pelaksanaan.                   work, technical specifications, and implementation schedule.

Kemudian pada tahap selanjutnya dilakukan serah terima dan               Subsequently, the handover and verification stage is performed,
verifikasi, di mana unit pengguna melakukan pemeriksaan                  during which the user unit inspects the quality, quantity, and
atas kualitas, kuantitas, dan kesesuaian barang dan/atau                 suitability of the goods and/or services received. Payment to
jasa yang diterima. Proses pembayaran kepada penyedia                    the provider is made in an orderly manner and in accordance
dilaksanakan secara tertib dan sesuai dengan prosedur yang               with applicable procedures, after all administrative and technical
berlaku, setelah seluruh persyaratan administratif dan teknis            requirements have been declared fulfilled.
dinyatakan telah terpenuhi.

Sebagai bagian dari pengendalian internal dan manajemen                  As part of internal control and risk management, FIFGROUP
risiko, FIFGROUP juga melakukan evaluasi dan dokumentasi                 also conducts comprehensive procurement evaluations
pengadaan secara menyeluruh. Evaluasi ini bertujuan untuk                and documentation. These evaluations aim to assess the
menilai efektivitas proses, kinerja penyedia, serta mengidentifikasi     effectiveness of the process, the performance of suppliers,
potensi risiko dan indikasi penyimpangan. Dengan demikian,               and identify potential risks and indications of irregularities. Thus,
alur proses pengadaan tidak hanya mendukung efisiensi                    the procurement process flow not only supports operational
operasional, tetapi juga memperkuat pengendalian risiko dan              efficiency but also strengthens risk control and ongoing fraud
upaya pencegahan fraud secara berkelanjutan.                             prevention efforts.




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Sertifikasi Terkait Pengelolaan Pengadaan Barang dan/atau Jasa
Certification Related to the Management of Goods and/or Services Procurement


 ISO 37001:2016             Dalam rangka meningkatkan integritas dan transparansi,       To improve integrity and transparency, FIFGROUP
 Sistem Manajemen           FIFGROUP berhasil meraih sertifikasi SNI ISO 37001:2016      successfully obtained SNI ISO 37001:2016 certification
 Anti Penyuapan             untuk Sistem Manajemen Anti-Penyuapan pada 16                for Anti-Bribery Management Systems on September 16,
                            September 2021, khususnya dalam ruang lingkup                2021, specifically in the scope of Goods and/or Services
 ISO 37001:2016             Pengadaan Barang dan/atau Jasa. Sertifikasi ini diperbarui   Procurement. This certification was renewed on October 29,
 Anti-Bribery               pada 29 Oktober 2024 dan akan berlaku selama tiga tahun,     2024, and will be valid for three years, covering the Goods
 Management                 mencakup Proses Pengadaan Barang dan/atau Jasa,              and/or Services Procurement Process, Corporate Credit
 System                     Segmen Kredit Korporasi, dan Dana Pensiun. FIFGROUP          Segment, and Pension Funds. FIFGROUP is committed
                            berkomitmen untuk menjalankan setiap aktivitasnya dengan     to conducting all its activities based on the principles of
                            prinsip-prinsip akuntabilitas dan tanggung jawab, serta      accountability and responsibility, as well as implementing
                            mengimplementasikan nilai-nilai Akhlak sebagai dasar dari    the values of Akhlak as the foundation of corporate
                            tata kelola perusahaan, mengikuti dan mematuhi Kode Etik     governance, following and complying with the FIFGROUP
                            FIFGROUP serta peraturan yang berlaku.                       Code of Conduct and applicable regulations.


                            Sebagai wujud nyata dari komitmen tersebut, FIFGROUP         As a concrete manifestation of this commitment,
                            berusaha untuk:                                              FIFGROUP strives to:
                            1. Menjalankan perilaku jujur, tulus dan ikhlas serta        1. Act with honesty, sincerity, and discipline, consistency,
                                disiplin, konsisten dan bertanggung jawab;                   and responsibility;
                            2. Mengimplementasikan peraturan perundang-                  2. Implement laws and regulations and internal regulations
                                undangan dan peraturan Internal terkait Sistem               related to the Anti-Bribery Management System in every
                                Manajemen Anti Penyuapan dalam setiap tindakan               action and decision-making process;
                                dan pengambilan keputusan;
                            3. Bersikap tegas terhadap segala bentuk penyuapan           3. Take a firm stance against all forms of bribery to realize
                                untuk mewujudkan tata kelola perusahaan yang baik           good corporate governance that is free from all forms
                                serta bebas dari segala bentuk Korupsi, Kolusi dan          of corruption, collusion, and nepotism (KKN);
                                Nepotisme (KKN);
                            4. Berperan aktif dalam memastikan Implementasi Sistem       4. Play an active role in ensuring the implementation of
                                Manajemen Anti Penyuapan, di antaranya dengan               the Anti- -Bribery Management System, including by
                                melaporkan dugaan pelanggaran kebijakan anti                reporting suspected violations of anti-bribery policies
                                penyuapan sesuai dengan mekanisme yang berlaku;             in accordance with applicable mechanisms;
                            5. Bersedia menerima sanksi yang telah ditetapkan oleh       5. Be willing to accept sanctions imposed by the company
                                perusahaan apabila terbukti melanggar kebijakan             if proven to have violated anti-bribery policies.
                                anti penyuapan.

                            Pada tahun 2024, FIFGROUP berhasil mempertahankan            In 2024, FIFGROUP successfully maintained its Anti-Bribery
                            Sertifikasi Sistem Manajemen Anti Penyuapan setelah          Management System Certification after undergoing a
                            menjalani proses resertifikasi audit terhadap pengadaan      recertification audit process for the procurement of goods
                            barang dan/ atau jasa di tahun 2024.                         and/or services in 2024.



Evaluasi Rekanan (Due Diligence) Tahun 2025
Partner Evaluation (Due Diligence) in 2025

FIFGROUP secara berkala melakukan evaluasi rekanan (due                      FIFGROUP periodically conducts partner evaluations (due
diligence) sebagai bagian dari upaya memastikan bahwa setiap                 diligence) as part of its efforts to ensure that every business
mitra bisnis yang bekerja sama dengan perusahaan memenuhi                    partner working with the company meets the established
standar kualitas, integritas, dan legalitas yang telah ditetapkan.           standards of quality, integrity, and legality.

Proses due diligence mencakup penilaian atas aspek                           The due diligence process includes an assessment of the
operasional, pengalaman, serta reputasi rekanan. Selain itu,                 partner’s operational aspects, experience, and reputation.
FIFGROUP memastikan bahwa seluruh rekanan mematuhi                           In addition, FIFGROUP ensures that all partners comply with
prinsip Tata Kelola Perusahaan yang Baik, standar keberlanjutan,             the principles of Good Corporate Governance, sustainability
serta ketentuan peraturan perundang-undangan yang berlaku.                   standards, and applicable laws and regulations. Through the
Melalui penerapan due diligence, FIFGROUP berkomitmen                        implementation of due diligence, FIFGROUP is committed
untuk memitigasi risiko operasional dan reputasi, serta                      to mitigating operational and reputational risks, as well as
memastikan dukungan rekanan terhadap pencapaian tujuan                       assuring partner support for the achievement of the company’s
strategis perusahaan.                                                        strategic objectives.



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Kebijakan Pengungkapan Saham
Anggota Direksi dan Dewan Komisaris
Policy on Disclosure of Shares Held by Members of
The Board of Directors and Board of Commissioners

Sebagai perusahaan tertutup yang menjalankan kegiatan             As a closed company engaged in financing activities, the
usaha di bidang pembiayaan, Perseroan mewajibkan seluruh          Company requires all members of the Board of Directors and
anggota Direksi dan Dewan Komisaris untuk mengungkapkan           Board of Commissioners to disclose information regarding
transparansi informasi terkait kepemilikan saham dan status       share ownership and affiliation status as stipulated in Article
hubungan afiliasi sebagaimana yang diatur pada Pasal 43           43 of POJK 29/2020, namely:
POJK 29/2020, yaitu:
1. Kepemilikan saham yang mencapai 50% atau lebih di              1. Share ownership reaching 50% or more in the company
    perusahaan tempat anggota Direksi dimaksud menjabat              where the Board of Directors member in question serves
    dan/atau pada perusahaan lain yang berkedudukan di               and/or in other companies located domestically and abroad.
    dalam dan di luar negeri.
2. Hubungan keuangan dan hubungan keluarga dengan                 2. Financial and Family relationships with other members of the
    anggota Direksi lain, anggota Dewan Komisaris, dan/atau          Board of Directors, members of the Board of Commissioners,
    Pemegang Saham Perusahaan tempat anggota Direksi                 and/or Shareholders of the Company where the member
    dimaksud menjabat. Hubungan keluarga adalah hubungan             of the Board of Directors serves. Family relationships are
    suami/ istri dan hubungan keluarga sampai derajat kedua,         husband/wife relationships and family relationships up to
    baik vertikal maupun horizontal, termasuk mertua, menantu        the second degree, both vertical and horizontal, including
    dan ipar.                                                        parents-in-law, children-in-law, and siblings-in-law.

Sebagai perusahaan tertutup yang tidak memperdagangkan            As a closed company that does not trade its shares to the public,
sahamnya kepada publik, maka tidak ada satu pun anggota           none of the members of the Board of Commissioners and Board
Dewan Komisaris dan Direksi yang tercatat sebagai pemegang        of Directors are registered as shareholders of the Company.
saham Perseroan.




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Rencana Strategis FIFgroup
FIFgroup Strategic Plan




Dalam menjaga keberlanjutan bisnis serta mendorong                  In order to maintain business sustainability and drive positive
pertumbuhan kinerja yang positif dan solid, Perseroan telah         and solid performance growth, the Company has formulated
merumuskan roadmap rencana strategis jangka pendek dan              a short-term and long-term strategic roadmap that focuses
jangka panjang yang berfokus pada penguatan fondasi bisnis          on strengthening its core business foundation, optimizing its
inti, optimalisasi portofolio, serta pengembangan sumber            portfolio, and developing new sources of growth. Throughout
pertumbuhan baru. Sepanjang tahun 2025, strategi Perseroan          2025, the Company’s strategy is directed at optimizing the
diarahkan untuk mengoptimalkan kinerja portofolio pembiayaan        performance of its existing business financing portfolio,
bisnis existing, memperkuat posisi pasar, serta meningkatkan        strengthening its market position, and increasing customer
loyalitas konsumen melalui pendekatan yang lebih terintegrasi       loyalty through a more integrated and data-driven approach.
dan berbasis data.

Pada segmen pembiayaan roda dua baru (FIFASTRA), Perseroan          In the new two-wheeler financing segment (FIFASTRA),
berfokus untuk mempertahankan dominasi pangsa pasar di              the Company is focused on maintaining its market share
tengah meningkatnya persaingan industri. Strategi ini dijalankan    dominance amid increasing industry competition. This strategy
melalui penguatan kolaborasi yang berkelanjutan dengan Astra        is implemented through strengthening ongoing collaboration
Honda Value Chain, serta penerapan strategi priority dealer         with the Astra Honda Value Chain and consistently applying
secara konsisten guna memaksimalkan potensi pasar dan               a priority dealer strategy to maximize market potential and
menjaga kualitas pertumbuhan.                                       maintain quality growth.

Sementara itu, pada segmen pembiayaan roda dua bekas                Meanwhile, in the used two-wheeler financing segment
(DANASTRA), Perseroan mengarahkan strategi pada                     (DANASTRA), the Company is directing its strategy towards
peningkatan customer retention melalui penawaran yang lebih         increasing customer retention through more targeted offerings
tepat sasaran dengan memanfaatkan data analytics. Selain            by utilizing data analytics. Moreover, network optimization at
itu, optimalisasi jaringan (network) sebagai point of sale turut    the point of sales is also used to strengthen consumer loyalty
dilakukan untuk memperkuat loyalitas konsumen sekaligus             while continuously expanding the customer base.
memperluas basis pelanggan secara berkelanjutan.

Pada lini pembiayaan mikro (FINATRA), Perseroan melanjutkan         In the micro financing line (FINATRA), the Company continues
penguatan fondasi bisnis melalui peningkatan proses bisnis          to strengthen its business foundation by improving overall
secara menyeluruh, khususnya dalam aspek penilaian                  business processes, particularly in the aspects of collateral
agunan, sentralisasi proses underwriting, serta pengelolaan         assessment, underwriting process centralization, and collateral
aset jaminan. Upaya tersebut ditujukan untuk meningkatkan           asset management. These efforts are aimed at improving
efisiensi operasional dan kualitas portofolio sehingga              operational efficiency and portfolio quality so that the
segmen microfinancing diharapkan dapat berkembang                   microfinancing segment is expected to grow sustainably and
secara berkelanjutan dan menjadi engine of growth baru bagi         become a new engine of growth for the Company in the future.
Perseroan di masa mendatang.

Untuk mendukung implementasi strategi bisnis tersebut,              To support the implementation of this business strategy,
FIFGROUP juga menempatkan penguatan SDM sebagai                     FIFGROUP also places human capital strengthening as one of
salah satu pilar utama. Perseroan menerapkan strategi talent        its main pillars. The Company implements talent management
management dan key position turnover guna memastikan                and key position turnover strategies to maintain the availability
ketersediaan talenta yang kompeten dan selaras dengan               of competent talent in line with business needs. The Company
kebutuhan bisnis. Di samping itu, Perseroan secara konsisten        consistently implements public contribution strategies
mengimplementasikan strategi public contributions melalui           through the application of strong GCG and impactful social
penerapan GCG yang kuat serta program sosial dan lingkungan         and environmental programs to strengthen its reputation and
yang berdampak, guna memperkuat reputasi dan mendorong              encourage the sustainability of the Company’s business.
keberlanjutan usaha Perseroan.



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Praktik Bad Governance
Bad Governance Practices




Perseroan memastikan bahwa seluruh aktivitas operasional           The Company ensures that all operational and business activities
dan bisnis yang dilaksanakan sepanjang tahun 2025 telah            throughout 2025 have been conducted in accordance with
berjalan sesuai dengan ketentuan peraturan perundang-              applicable laws and regulations and based on GCG principles.
undangan yang berlaku serta berlandaskan pada prinsip-             Based on monitoring and evaluation results, no bad corporate
prinsip GCG. Berdasarkan hasil pemantauan dan evaluasi,            governance practices were found within FIFGROUP that could
tidak ditemukan adanya praktik bad corporate governance            potentially cause reputational risks or other risks that could
di lingkungan FIFGROUP yang berpotensi menimbulkan risiko          harm the Company in the future.
reputasi maupun risiko lainnya yang dapat merugikan Perseroan
di kemudian hari.




Pedoman Peraturan Perdagangan Efek
Securities Dealing Rules Guidelines




Dalam menjalankan kegiatan usahanya, Perseroan senantiasa          In conducting its business activities, the Company always
tunduk pada kebijakan yang ditetapkan oleh Astra Group serta       complies with the policies established by Astra Group. It adheres
mematuhi seluruh regulasi yang bersifat mengikat bagi Emiten,      to all regulations that are binding on Issuers, including Securities
termasuk Securities Dealing Rules (Peraturan Perdagangan           Dealing Rules that specifically apply to Commissioners,
Efek) yang secara khusus berlaku bagi Komisaris, Direksi, dan      Directors, and Employees of the Company. These policies
Karyawan Perseroan. Penyusunan kebijakan tersebut telah            have been formulated in accordance with applicable capital
disesuaikan dengan ketentuan pasar modal yang berlaku              market regulations, taking into account the protection of
dengan memperhatikan aspek perlindungan bagi karyawan              employees and the Astra Group from potential violations of
maupun Astra Group dari potensi pelanggaran peraturan              laws and regulations, as well as to minimize the possibility of
perundang-undangan, serta untuk meminimalkan kemungkinan           claims or lawsuits.
timbulnya klaim atau tuntutan hukum.

Pedoman Securities Dealing Rules secara tegas mengatur             The Securities Dealing Rules guidelines explicitly prohibit
larangan bagi pihak tertentu dan pihak terkait untuk melakukan     certain parties and related parties from conducting transactions
transaksi (dealing) selama periode tertutup (closed period)        (dealing) during the closed period and/or when they have
dan/atau ketika memiliki informasi orang dalam. Selain itu,        insider information. In addition, parties included in this category
pihak yang termasuk dalam kategori tersebut dianjurkan untuk       are encouraged to conduct long-term dealings and avoid
melakukan dealing jangka panjang dan menghindari transaksi         short-term transactions.
jangka pendek.




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Dalam pedoman tersebut, informasi orang dalam didefinisikan        In these guidelines, inside information is defined as
sebagai informasi yang:                                            information that:
1. Tidak tersedia untuk umum;                                      1. It is not available to the public;
2. Berhubungan langsung maupun tidak langsung dengan               2. Is directly or indirectly related to the Company and/or one
   Perseroan dan/atau satu atau lebih Perusahaan Terkendali;           or more Controlled Companies; and
   dan
3. Berpotensi memengaruhi harga efek Emiten di bawah               3. Has the potential to affect the price of the Issuer’s securities
   Grup Astra.                                                        under the Astra Group.

Dalam Pedoman Securities Dealing Rules, Orang Dalam                In the Securities Dealing Rules Guidelines, Insiders are
didefinisikan sebagai:                                             defined as:
1. Komisaris, Direksi, atau karyawan Emiten atau                   1. Commissioners, Directors, or employees of the Issuer or
   Perusahaan Publik;                                                  Public Company;
2. Pemegang saham utama Emiten atau Perusahaan Publik;             2. Majority shareholders of the Issuer or Public Company;
3. Orang perorangan yang karena kedudukan atau profesinya          3. An individual who, due to their position or profession or
   atau karena hubungan usahanya dengan Emiten atau                    due to their business relationship with the Issuer or Public
   Perusahaan Publik memungkinkan orang tersebut                       Company, is able to obtain inside information; or
   memperoleh informasi orang dalam; atau
4. Pihak yang dalam jangka waktu 6 (enam) bulan terakhir           4. A party who, within the last 6 (six) months, is no longer a
   tidak lagi menjadi Pihak sebagaimana dimaksud dalam                party as referred to in points a-c) above.
   huruf a-c) di atas.

Selanjutnya, periode tertutup (closed period) yang berlaku         Furthermore, the closed period applicable to parties prohibited
bagi pihak yang dilarang melakukan transaksi (dealing)             from conducting transactions is set as follows:
ditetapkan sebagai:
1. Dalam waktu 60 (enam puluh) hari sebelum pengumuman             1. Within 60 (sixty) days prior to the announcement of the
    laporan keuangan tahunan oleh Emiten Grup Astra;                  annual financial statements by Astra Group Issuers;
2. Dalam waktu 30 (tiga puluh) hari sebelum pengumuman             2. Within 30 (thirty) days prior to the announcement of the
    laporan keuangan kuartalan oleh Emiten Grup Astra.                quarterly financial statements by Astra Group Issuers.

Jangka pendek didefinisikan sebagai periode waktu selama           Short term is defined as a period of 12 (twelve) months or
12 (dua belas) bulan atau kurang. Adapun pihak terkait dalam       less. The parties concerned in the Securities Dealing Rules
Pedoman Securities Dealing Rules mencakup:                         Guidelines include:
1. Suami atau istri Direktur, Komisaris, dan Karyawan;             1. Spouses of Directors, Commissioners, and Employees;
2. Anak dari Direktur, Komisaris, dan Karyawan;                    2. Children of Directors, Commissioners, and Employees;
3. Setiap individu atau badan hukum yang dikendalikan oleh         3. Any individual or legal entity controlled by Directors,
    Direktur, Komisaris dan Karyawan, baik yang dimiliki oleh          Commissioners, and Employees, whether owned by them
    mereka sendiri maupun bersama-sama dengan suami/                   individually or jointly with their spouses.
    istri mereka.

Sementara itu, pihak yang dilarang untuk melakukan transaksi       Meanwhile, parties prohibited from conducting transactions
pada periode tertutup adalah seluruh jajaran Direksi, Dewan        during the closed period are all members of the Board
Komisaris, dan Karyawan Perseroan.                                 of Directors, Board of Commissioners, and Employees of
                                                                   the Company.

Penerapan Securities Dealing Rules ini bertujuan untuk             The implementation of these Securities Dealing Rules aims to
memastikan setiap individu di lingkungan Perseroan senantiasa      acknowledge that every individual within the Company always
menjunjung tinggi prinsip kehati-hatian serta menghindari          upholds the principle of prudence and avoids the practice
praktik penyalahgunaan informasi orang dalam (insider trading),    of insider trading, so that the integrity and credibility of the
sehingga integritas dan kredibilitas Perseroan di pasar modal      Company in the capital market are maintained.
tetap terjaga.




462       LAPORAN TAHUNAN | ANNUAL REPORT 2025
          PT Federal International Finance
Page 465
                                Tinjauan Pendukung Bisnis           Analisa dan Pembahasan Manajemen             Tata Kelola Perusahaan
                                   Business Support Review           Management Discussion and Analysis           Corporate Governance




Penyimpangan Internal
Internal Misconduct




Sebagai perusahaan pembiayaan yang berkomitmen pada                   As a financing company committed to implementing good
penerapan tata kelola perusahaan yang baik, Perseroan memiliki        corporate governance, the Company’s has a policy that strictly
kebijakan yang mengatur secara tegas penyimpangan internal            regulates internal misconduct that has the potential to lead to
(internal misconduct) yang berpotensi menimbulkan tindakan            fraud. This policy affirms that all of the Company’s operational
fraud. Kebijakan ini bertujuan untuk memastikan seluruh               and business activities are conducted in a transparent and
aktivitas operasional dan bisnis Perseroan berjalan secara            accountable manner, free from fraudulent practices that could
transparan, akuntabel, serta bebas dari praktik kecurangan            affect the company’s performance and reputation.
yang dapat memengaruhi kinerja dan reputasi perusahaan.

Manajemen menjalankan pengawasan aktif melalui sistem                 Management conducts active monitoring through an integrated
pemantauan internal yang terintegrasi, investigasi independen,        internal monitoring system, independent investigations, and
serta mekanisme pelaporan yang transparan, guna memastikan            transparent reporting mechanisms to ensure that any alleged
setiap dugaan pelanggaran ditangani secara objektif dan adil.         violations are handled objectively and fairly.

Tabel berikut menyajikan data rinci mengenai kasus fraud              The following table presents detailed data on internal fraud
internal yang terjadi di Perseroan sepanjang tahun 2025:              cases that occurred in the Company throughout 2025:


                                                                         Jumlah Kasus yang Dilakukan oleh
                                                                           Number of Cases Committed by

               Fraud Internal                   Anggota Direksi dan Dewan
                                                                                                            Karyawan Tidak Tetap dan
               Internal Fraud                           Komisaris
                                                                                   Karyawan Tetap            Tenaga Kerja Alih Daya
                                                 Members of the Board of
                                                                                Permanent Employees         Temporary Employees and
                                                  Directors and Board of
                                                                                                               Outsourced Workers
                                                      Commissioners

 Telah diselesaikan                                          0                             4                            0
 Resolved

 Dalam Proses Penyelesaian di Internal                       0                             0                            0
 In the process of internal resolution

 Belum Diupayakan Penyelesaiannya                            0                             0                            0
 Resolution Not Yet Attempted

 Telah Ditindaklanjuti melalui Proses Hukum                  0                             0                            0
 Followed up through legal proceedings

 Jumlah Kasus Fraud                                          0                             4                            0
 Number of Fraud Cases



Sehubungan dengan kasus fraud internal yang terjadi dan               In connection with internal fraud cases that occurred and were
dilaporkan sepanjang tahun 2025, Perseroan telah menindak             reported throughout 2025, the Company has taken firm action
tegas pelaku utama dengan memberikan sanksi Pemutusan                 against the main perpetrators by imposing sanctions in the form
Hubungan Kerja (PHK), sekaligus menerapkan sanksi                     of termination of employment, while also imposing administrative
administratif kepada karyawan terkait sesuai dengan tingkat           sanctions on the employees involved in accordance with the
kesalahan masing-masing.                                              level of their respective offenses.




                                                                                 LAPORAN TAHUNAN | ANNUAL REPORT 2025
                                                                                           PT Federal International Finance      463
Page 466
      Laporan Keberlanjutan
      Sustainability Report




                                                      2025
                                                      Laporan Keberlanjutan
                                                      Sustainability Report




                                                      ONE FIFGROUP
                                                      TO BE THE ONE




      Untuk mematuhi ketentuan POJK No. 51/               In adherence to OJK Regulation No. 51/POJK.03/2017
      POJK.03/2017 tentang Penerapan Keuangan             on Sustainable Finance Implementation for Financial
      Berkelanjutan Bagi Lembaga Jasa Keuangan,           Institutions, Issuers, and Public Companies, as
      Emiten, dan Perusahaan Publik sebagaimana telah     updated by SEOJK No. 16/SEOJK.04/2021 on the Form
      diperbaharui melalui SEOJK No. 16/SEOJK.04/2021     and Content of Annual Reports, a comprehensive
      tentang Bentuk dan Isi Laporan Tahunan, ulasan      review of CSR programs and activities, along
      lengkap mengenai program dan kegiatan CSR serta     with other sustainability aspects actualized by
      aspek keberlanjutan lainnya yang diaktualisasikan   FIFGROUP, is available in the 2025 Sustainability
      oleh FIFGROUP dapat dilihat pada Laporan            Report. This report is an integral part of the Annual
      Keberlanjutan 2025. Laporan Keberlanjutan           Report. Stakeholders can access and download the
      merupakan satu kesatuan dan tak terpisahkan dari    Company’s Annual Report and Sustainability Report,
      Laporan Tahunan ini. Pemangku Kepentingan dapat     available in both languages, via the Investor Relations
      mengakses dan mengunduh Laporan Tahunan dan         page on the website www.fifgroup.co.id.
      Laporan Keberlanjutan Perseroan yang tersedia
      dalam 2 (dua) Bahasa melalui laman Hubungan
      Investor pada situs web www.fifgroup.co.id.




464   LAPORAN TAHUNAN | ANNUAL REPORT 2025
      PT Federal International Finance
Page 467
       Laporan
      Keuangan
          Audit
Audited Financial Statements




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Page 469
PT FEDERAL INTERNATIONAL FINANCE

LAPORAN KEUANGAN/
FINANCIAL STATEMENTS

31 DESEMBER 2025 DAN 2024/
31 DECEMBER 2025 AND 2024
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                                            PT FEDERAL INTERNATIONAL FINANCE

LAPORAN POSISI KEUANGAN                                                                   STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


                                               Catatan/
                                                Notes              2025               2024
ASET                                                                                                                               ASSETS

Kas dan setara kas:                                                                                             Cash and cash equivalents:
  - Pihak ketiga                               2d,2e,4               344,578             303,968                          Third parties -
  - Pihak berelasi                             2v,4,26                53,274                 212                       Related parties -
                                                                     397,852             304,180
Piutang pembiayaan konsumen -                                                                             Consumer financing receivables -
  setelah dikurangi penyisihan kerugian                                                                   net of allowance for impairment
  penurunan nilai sebesar Rp 3.100.629          2d,2f,                                                              losses of Rp 3,100,629
  (2024: Rp 2.883.115)                          2g,2i,5            46,958,874         39,902,300                      (2024: Rp 2,883,115)

Aset yang diperoleh untuk ijarah -                                                                               Asset acquired for ijarah -
  setelah dikurangi akumulasi penyusutan                                                                                net of accumulated
  sebesar Rp 4.907.523                                                                                       depreciation of Rp 4,907,523
  (2024: Rp 3.632.847)                            2i,7              2,543,642          3,681,599                    (2024: Rp 3,632,847)

Piutang lain-lain - setelah dikurangi                                                                              Other receivables - net of
  penyisihan kerugian penurunan                                                                                 allowance for impairment
  nilai sebesar Rp 34.704                                                                                             losses of Rp 34,704
  (2024: Rp 44.770):                                                                                                    (2024: Rp 44,770):
  - Pihak ketiga                              2d,2g,2k,6             174,896            182,892                              Third parties -
  - Pihak berelasi                             2v,6,26               219,071            167,719                            Related parties -
                                                                     393,967            350,611
Beban dibayar dimuka:                                                                                                         Prepayments:
  - Pihak ketiga                                 2j,8                175,382             130,676                            Third parties -
  - Pihak berelasi                              2v,8,26                  365                 666                          Related parties -
                                                                     175,747             131,342
Klaim atas restitusi pajak                      2s,12a                    7,680           11,844                         Claim for tax refund

Aset derivatif                                 2d,2r,16              148,858             197,590                            Derivative assets

Investasi pada entitas asosiasi                2c,10,26               63,312              37,257                     Investment in associate

Aset pajak tangguhan - bersih                   2s,12d               240,168             208,939                    Deferred tax assets - net

Aset tetap - setelah dikurangi                                                                                         Fixed assets - net of
  akumulasi penyusutan                                                                                          accumulated depreciation
  sebesar Rp 2.493.065                                                                                                   of Rp 2,493,065
  (2024: Rp 2.271.072)                         2l,2x,9,26            947,639             855,549                    (2024: Rp 2,271,072)

JUMLAH ASET                                                        51,877,739         45,681,211                           TOTAL ASSETS

LIABILITAS DAN EKUITAS                                                                                          LIABILITIES AND EQUITY

LIABILITAS                                                                                                                     LIABILITIES
Utang penyalur kendaraan:                                                                                                 Dealer payables:
  - Pihak ketiga                                  2d                 116,992            164,387                            Third parties -
  - Pihak berelasi                               2v,26                12,840              5,952                          Related parties -
                                                                     129,832            170,339
Utang premi asuransi:                            2d,2v                                                        Insurance premium payables:
  - Pihak berelasi                                26                 585,445            505,821                           Related party -

Akrual                                          2d,11                575,866            533,044                                     Accruals

Utang pajak:                                                                                                                 Taxes payable:
  - Pajak penghasilan badan                     2s,12b               449,125             335,051                 Corporate income taxes -
  - Pajak lain-lain                              12b                  89,577              73,977                             Other taxes -
                                                                     538,702             409,028

Utang lain-lain:                                                                                                           Other payables:
  - Pihak ketiga                                2d,13                135,426            116,817                            Third parties -
  - Pihak berelasi                             2v,13,26               82,109             95,266                          Related parties -
                                                                     217,535            212,083
Liabilitas derivatif                           2d,2r,16               25,954                 6,398                      Derivative liabilities

Pinjaman                                       2d,2w,14           24,729,091         22,736,202                                  Borrowings

Surat berharga yang diterbitkan:                 2d,2t                                                                    Securities issued:
  - Obligasi                                      15              10,273,447           8,620,483                                  Bonds -

Liabilitas imbalan kerja                        2m,25                363,795             312,100               Employee benefit obligations

JUMLAH LIABILITAS                                                 37,439,667         33,505,498                        TOTAL LIABILITIES


Catatan atas laporan keuangan merupakan bagian yang tidak                           The accompanying notes form an integral part of these
terpisahkan dari laporan keuangan.                                                                                 financial statements.

                                                            Halaman - 1/1 - Page
Page 479
                                            PT FEDERAL INTERNATIONAL FINANCE

LAPORAN POSISI KEUANGAN                                                                STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2025 DAN 2024                                                                     31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                       (Expressed in millions of Rupiah, unless otherwise stated)


                                               Catatan/
                                                Notes             2025             2024

EKUITAS                                                                                                                          EQUITY

Modal saham - nilai nominal                                                                                 Share capital with par value
  Rp 1.000 per saham                                                                                               Rp 1,000 per share
  (Rupiah penuh)                                                                                                 (full Rupiah amount)
  Modal dasar - 300.000.000 saham                                                                    Authorised - 300,000,000 shares
  Modal ditempatkan dan disetor                                                                                  Issued and fully paid
  penuh - 280.000.000 saham                       17                280,000          280,000                    - 280,000,000 shares
Tambahan modal disetor -                                                                                      Additional paid-in capital -
  divestasi entitas pengendali                    17                 36,020            36,020       divestment under common control
Cadangan lindung nilai arus kas                  2r,16             (131,254)           (5,566)               Cash flow hedges reserve
Saldo laba:                                                                                                           Retained earnings:
  - Sudah ditentukan
       penggunaannya                              18                 13,100            12,100                           Appropriated -
  - Belum ditentukan
        penggunaannya                                            14,240,206       11,853,159                          Unappropriated -

JUMLAH EKUITAS                                                   14,438,072       12,175,713                            TOTAL EQUITY

JUMLAH LIABILITAS                                                                                                   TOTAL LIABILITIES
  DAN EKUITAS                                                    51,877,739       45,681,211                           AND EQUITY




Catatan atas laporan keuangan merupakan bagian yang tidak                         The accompanying notes form an integral part of these
terpisahkan dari laporan keuangan.                                                                               financial statements.

                                                           Halaman - 1/2 - Page
Page 480
                                               PT FEDERAL INTERNATIONAL FINANCE

LAPORAN LABA RUGI DAN PENGHASILAN                                                          STATEMENTS OF PROFIT OR LOSS AND
KOMPREHENSIF LAIN                                                                              OTHER COMPREHENSIVE INCOME
UNTUK TAHUN-TAHUN YANG BERAKHIR                                                                        FOR THE YEARS ENDED
31 DESEMBER 2025 DAN 2024                                                                         31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                            (Expressed in millions of Rupiah, unless otherwise stated)


                                                 Catatan/
                                                  Notes              2025               2024

PENGHASILAN                                                                                                                          INCOME

Penghasilan pembiayaan konsumen                 2f, 2i,2o,19        10,887,090           9,499,097                Consumer financing income
Penghasilan dari ijarah - bersih                   2o,22             2,402,505           2,449,745                    Income from ijarah - net
Penghasilan bunga dan denda                      2o,20,26              203,110             181,794                Interest and penalty income
Penghasilan lain-lain                                21                 21,867              23,268                              Other income

Jumlah penghasilan                                                  13,514,572         12,153,904                                Total income

BEBAN                                                                                                                            EXPENSES

Beban usaha                                    2o,2v,23,26           (3,256,854)        (2,945,353)                       Operating expenses
Beban bunga dan keuangan                        2o,24,26             (2,463,428)        (2,095,510)             Interest and financing charges
Penyisihan kerugian penurunan                                                                                        Allowance for impairment
  nilai pembiayaan konsumen                       2g,5               (1,370,569)        (1,058,091)           losses of consumer financing
Rugi entitas asosiasi                             10,26                 (24,007)           (20,282)         Loss from investment in associate
Beban penurunan nilai lain-lain                   2g,6                 (446,210)          (363,281)                 Other impairment charges

Jumlah beban                                                         (7,561,068)        (6,482,517)                           Total expenses

LABA SEBELUM PAJAK PENGHASILAN                                        5,953,504          5,671,387           PROFIT BEFORE INCOME TAX

BEBAN PAJAK PENGHASILAN                           2s,12c             (1,320,875)        (1,255,853)                 INCOME TAX EXPENSE

LABA BERSIH                                                           4,632,629          4,415,534                             NET INCOME

KERUGIAN KOMPREHENSIF LAIN:                                                                               OTHER COMPREHENSIVE LOSS:

Pos-pos yang tidak akan direklasifikasi                                                                   Items that will not be reclassified
  ke laba rugi                                                                                                             to profit or loss

Pengukuran kembali atas liabilitas                                                                                    Remeasurements from
  imbalan kerja                                    25                   11,995                 (446)          employee benefit obligations
Pajak penghasilan terkait                          12d                  (2,639)                  98                       Related income tax
Pengukuran kembali atas liabilitas                                                                          Remeasurements from employee
  imbalan kerja - entitas asosiasi                  10                       79                 (26)         benefit obligations - associate
Pajak penghasilan terkait - entitas asosiasi        10                      (17)                  6            Related income tax- associate

Pos-pos yang akan direklasifikasi                                                                             Items that will be reclassified
  ke laba rugi                                                                                                           to profit or loss

Cadangan lindung nilai arus kas                     2r                 (161,139)           (20,448)                  Cash flow hedge reserve
Pajak penghasilan terkait                          12d                   35,451              4,499                        Related income tax

KERUGIAN KOMPREHENSIF LAIN                                                                                        OTHER COMPREHENSIVE
  TAHUN BERJALAN                                                                                                   LOSS FOR THE YEAR,
  SETELAH PAJAK                                                        (116,270)           (16,317)                        NET OF TAX

JUMLAH PENGHASILAN                                                                                                TOTAL COMPREHENSIVE
  KOMPREHENSIF TAHUN BERJALAN,                                                                                  INCOME FOR THE YEAR,
  SETELAH PAJAK                                                       4,516,359          4,399,217                        NET OF TAX


LABA BERSIH PER SAHAM DASAR                                                                                 BASIC EARNINGS PER SHARE
  (Rupiah penuh)                                  2u,29                 16,545              15,770                  (full Rupiah amount)




Catatan atas laporan keuangan merupakan bagian yang tidak                              The accompanying notes form an integral part of these
terpisahkan dari laporan keuangan.                                                                                    financial statements.

                                                               Halaman - 2 - Page
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                                                                                   PT FEDERAL INTERNATIONAL FINANCE

LAPORAN PERUBAHAN EKUITAS                                                                                                                                                  STATEMENTS OF CHANGES IN EQUITY
UNTUK TAHUN-TAHUN YANG BERAKHIR                                                                                                                                                        FOR THE YEARS ENDED
31 DESEMBER 2025 DAN 2024                                                                                                                                                         31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                                                                                           (Expressed in millions of Rupiah, unless otherwise stated)

                                                       Modal            Tambahan modal
                                                   ditempatkan          disetor – divestasi
                                                    dan disetor        entitas pengendali/           Cadangan           Saldo laba yang     Saldo laba yang
                                                      penuh/            Additional paid-in         lindung nilai       sudah ditentukan    belum ditentukan
                                                    Issued and         capital - divestment          arus kas/         penggunaannya/      penggunaannya/
                                       Catatan/      fully paid          under common                Cash flow           Appropriated       Unappropriated           Jumlah ekuitas/
                                        Notes      share capital              control             hedges reserve       retained earnings   retained earnings           Total equity

Saldo 1 Januari 2024                                       280,000                   36,020               10,383                  11,100          10,953,553               11,291,056              Balance as at 1 January 2024

Jumlah penghasilan komprehensif                                                                                                                                                                     Total comprehensive income
  tahun berjalan, setelah pajak                                                                                                                                                                         for the year, net of tax
  - Laba tahun berjalan                                            -                          -                 -                      -           4,415,534                 4,415,534                      Profit for the year -
  - Kerugian komprehensif lain:                                                                                                                                                                   Other comprehensive loss: -
     - Cadangan lindung nilai                                                                                                                                                                            Cash flow hedge -
        arus kas setelah pajak                                     -                          -           (15,949)                     -                       -               (15,949)               reserve, net of tax
     - Pengukuran kembali atas                                                                                                                                                                     Remeasurements from -
        liabilitas imbalan kerja                                   -                          -                 -                      -                (368)                     (368)    employment benefit obligations

                                                                   -                          -           (15,949)                     -           4,415,166                 4,399,217

Penyisihan untuk cadangan wajib            18                      -                          -                    -               1,000               (1,000)                         -       Appropriation for statutory reserves

Dividen final 2023                       2n,17                     -                          -                    -                   -           (2,787,400)              (2,787,400)                        2023 final dividend

Dividen interim 2024                     2n,17                     -                          -                    -                   -             (727,160)                (727,160)                      2024 interim dividend

Saldo 31 Desember 2024                                     280,000                   36,020                (5,566)                12,100          11,853,159               12,175,713          Balance as at 31 December 2024

Jumlah penghasilan komprehensif                                                                                                                                                                     Total comprehensive income
  tahun berjalan, setelah pajak                                                                                                                                                                         for the year, net of tax
  - Laba tahun berjalan                                            -                          -                 -                      -           4,632,629                 4,632,629                      Profit for the year -
  - Kerugian komprehensif lain:                                                                                                                                                                   Other comprehensive loss: -
     - Cadangan lindung nilai                                                                                                                                                                            Cash flow hedge -
        arus kas setelah pajak                                     -                          -          (125,688)                     -                       -              (125,688)               reserve, net of tax
     - Pengukuran kembali atas                                                                                                                                                                     Remeasurements from -
        liabilitas imbalan kerja                                   -                          -                 -                      -               9,418                     9,418     employment benefit obligations

                                                                   -                          -          (125,688)                     -           4,642,047                 4,516,359

Penyisihan untuk cadangan wajib            18                      -                          -                    -               1,000               (1,000)                         -       Appropriation for statutory reserves

Dividen final 2024                       2n,17                     -                          -                    -                   -           (1,480,640)              (1,480,640)                        2024 final dividend

Dividen interim 2025                     2n,17                     -                          -                    -                   -             (773,360)                (773,360)                      2025 interim dividend

Saldo 31 Desember 2025                                     280,000                   36,020              (131,254)                13,100          14,240,206               14,438,072          Balance as at 31 December 2025




Catatan atas laporan keuangan merupakan bagian yang tidak terpisahkan dari laporan keuangan.                                               The accompanying notes form an integral part of these financial statements.

                                                                                                     Halaman - 3 - Page
Page 482
                                             PT FEDERAL INTERNATIONAL FINANCE

LAPORAN ARUS KAS                                                                                   STATEMENTS OF CASH FLOWS
UNTUK TAHUN-TAHUN YANG BERAKHIR                                                                          FOR THE YEARS ENDED
31 DESEMBER 2025 DAN 2024                                                                           31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions Rupiah, unless otherwise stated)


                                               Catatan/
                                                Notes             2025              2024

ARUS KAS DARI AKTIVITAS                                                                                          CASH FLOWS FROM
  OPERASI                                                                                                    OPERATING ACTIVITIES

Penerimaan kas dari:                                                                                                   Cash received from:
  Konsumen                                                        59,837,550       56,371,571                                Consumers
  Pembiayaan bersama                                                                                                      Joint financing
     without recourse                                              1,176,685          356,222                        without recourse
  Pendapatan bunga                                                    10,031           19,000                            Interest income
  Pinjaman karyawan                                                   17,694           18,465                            Employee loans
  Lain-lain                                                          146,454          178,618                                      Others

                                                                  61,188,414       56,943,876

Pengeluaran kas untuk:                                                                                             Cash disbursements for:
  Pembayaran kepada penyalur
    kendaraan                                                    (49,324,435)      (45,773,267)                      Payments to dealers
  Pembayaran pembiayaan bersama                                                                               Payments of joint financing
    without recourse                                                (568,478)         (623,333)                      without recourse
  Pembayaran premi asuransi                                                                                         Payment of customer
     konsumen                                                       (908,440)         (835,509)                   insurance premium
                                                                                                                Operating expenses and
  Beban usaha dan biaya penerbitan                                                                            related cost for initiation
     pembiayaan konsumen                                          (7,149,230)       (8,415,957)                 of consumer financing
  Beban bunga dan keuangan                                        (2,399,989)       (2,051,599)              Interest and finance charge
  Pinjaman karyawan                                                  (21,540)          (26,104)                          Employee loans
  Lain-lain                                                         (205,185)         (184,608)                                      Others

                                                                  (60,577,297)      (57,910,377)

Pembayaran pajak penghasilan badan                                (1,205,218)       (1,200,078)       Payments of corporate income taxes

Arus kas bersih digunakan untuk                                                                                      Net cash flows used in
  aktivitas operasi                                                 (594,101)       (2,166,579)                       operating activities

ARUS KAS DARI AKTIVITAS                                                                                            CASH FLOWS FROM
  INVESTASI                                                                                                    INVESTING ACTIVITIES

                                                                                                                             Proceeds from
Hasil dari penjualan aset tetap                    9                   1,097             2,422                       sale of fixed assets
Penempatan investasi pada entitas asosiasi        10                 (50,000)                -        Placement in investment in associate
Pembayaran aset hak-guna                           9                (106,559)         (144,605)            Payment of right-of-use assets
Pembelian aset tetap                               9                (365,773)         (343,501)                   Purchase of fixed assets

Arus kas bersih digunakan untuk                                                                                      Net cash flows used in
  aktivitas investasi                                               (521,235)         (485,684)                       investing activities

ARUS KAS DARI AKTIVITAS                                                                                           CASH FLOWS FROM
  PENDANAAN                                                                                                   FINANCING ACTIVITIES

Penerimaan pinjaman bank                                         244,112,300       158,139,575                  Proceeds from bank loans
Pelunasan pinjaman bank                                         (242,210,364)     (152,598,547)                  Repayment of bank loans
Hasil penerbitan surat berharga                   15               5,500,000         4,500,000        Proceeds from issuance of securities
Pelunasan utang surat berharga                                    (3,844,824)       (4,097,260)                   Repayment of securities
Pembayaran biaya penerbitan                                                                                         Payment of securities
  surat berharga                                                     (15,689)          (10,999)                         issuance costs
Pembayaran sewa                                   31                 (77,586)          (73,497)                         Payment of lease
Pembayaran dividen kas                            17              (2,254,000)       (3,514,560)                 Payment of cash dividend

Arus kas bersih diperoleh dari                                                                                  Net cash flows provided by
  aktivitas pendanaan                                              1,209,837         2,344,712                       financing activities




Catatan atas laporan keuangan merupakan bagian yang tidak                         The accompanying notes form an integral part of these
terpisahkan dari laporan keuangan.                                                                               financial statements.

                                                           Halaman - 4/1 - Page
Page 483
                                            PT FEDERAL INTERNATIONAL FINANCE

LAPORAN ARUS KAS                                                                                   STATEMENTS OF CASH FLOWS
UNTUK TAHUN-TAHUN YANG BERAKHIR                                                                          FOR THE YEARS ENDED
31 DESEMBER 2025 DAN 2024                                                                           31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions Rupiah, unless otherwise stated)


                                               Catatan/
                                                Notes             2025              2024

Kenaikan/(penurunan) bersih                                                                                   Net increase/(decrease) in
  kas dan setara kas                                                 94,501           (307,551)            cash and cash equivalents

Penyesuaian atas selisih                                                                                              Foreign exchanges
  kurs dalam kas dan                                                                                                adjustment in cash
  setara kas                                      24                     (829)             (708)                  and cash equivalents

Kas dan setara kas                                                                                           Cash and cash equivalents
  pada awal tahun                                                   304,180           612,439                    at beginning of year

Kas dan setara kas                                                                                           Cash and cash equivalents
  pada akhir tahun                                 4                397,852           304,180                          at end of year

Kas dan setara kas terdiri dari:                                                                     Cash and cash equivalents consist of:
Kas                                                4                 67,759             70,648                             Cash on hand
Bank                                                                                                                      Cash in banks
  - Pihak ketiga                                   4                276,819           233,320                          Third parties -
  - Pihak berelasi                                26                 53,274               212                       Related parties -

Jumlah kas dan setara kas                                           397,852           304,180           Total cash and cash equivalents




Catatan atas laporan keuangan merupakan bagian yang tidak                         The accompanying notes form an integral part of these
terpisahkan dari laporan keuangan.                                                                               financial statements.

                                                           Halaman - 4/2 - Page
Page 484
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                     31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                       (Expressed in millions of Rupiah, unless otherwise stated)


1.   INFORMASI UMUM                                                     1.   GENERAL INFORMATION

     Pendirian dan Informasi Umum                                            Establishment and General Information

     PT Federal International Finance (“Perseroan”)                          PT Federal International Finance (the “Company")
     didirikan di Jakarta pada tanggal 1 Mei 1989 dengan                     was incorporated in Jakarta on 1 May 1989 as
     nama PT Mitrapusaka Artha Finance berdasarkan                           PT Mitrapusaka Artha Finance based on Notarial
     Akta Notaris Rukmasanti Hardjasatya, S.H., No. 1,                       Deed No. 1 of Rukmasanti Hardjasatya, S.H., which
     yang kemudian diubah dengan Akta Notaris No. 40                         was subsequently amended by Notarial Deed No. 40
     tanggal 26 Juni 1989 oleh notaris yang sama.                            dated 26 June 1989 of the same notary.
     Anggaran       Dasar    Perseroan    disetujui  oleh                    The Articles of Association were approved by the
     Menteri Kehakiman dalam Surat Keputusan                                 Ministry of Justice in its decision letter
     No. C2-6728.HT.01.01.Th.89 tanggal 27 Juli 1989.                        No. C2-6728.HT.01.01.Th.89 dated 27 July 1989.
     Selanjutnya, Rapat Umum Pemegang Saham Luar                             Subsequently, the Extraordinary General Meeting of
     Biasa tanggal 21 Oktober 1991 telah menyetujui                          Shareholders dated 21 October 1991 approved the
     perubahan nama Perseroan menjadi PT Federal                             amendment of the Company’s name to PT Federal
     International Finance. Perubahan nama ini disetujui                     International Finance. This amendment was
     oleh Menteri Kehakiman Republik Indonesia dalam                         approved by the Ministry of Justice of the Republic of
     Surat Keputusan No. C2-6464.HT.01.04.Th.91                              Indonesia      in   its     decision   letter  No. C2-
     tanggal 7 November 1991. Anggaran Dasar                                 6464.HT.01.04.Th.91 dated 7 November 1991. The
     Perseroan telah beberapa kali mengalami                                 Company’s Articles of Association have been
     perubahan, termasuk dengan keputusan Rapat                              amended several times, including amendment by the
     Umum Pemegang Saham Luar Biasa tertanggal                               result of the Extraordinary General Meeting of
     6 Juli 2015 yang berita acaranya diaktakan dengan                       Shareholders on 6 July 2015 which was notarised by
     Akta Notaris No. 13 tanggal 4 Agustus 2015 dari                         notaris Linda Herawati, S.H., in Notarial Deed No. 13
     notaris Linda Herawati, S.H., pemegang saham juga                       dated 4 August 2015, whereby the shareholders
     melakukan perubahan anggaran dasar guna                                 decided to amend the Article of Association to align it
     menyesuaikan dengan ketentuan dalam Peraturan                           with Otoritas Jasa Keuangan Regulation (“POJK”)
     Otoritas      Jasa    Keuangan      (“POJK”)     No.                    No.        29/POJK.05/2014          concerning     The
     29/POJK.05/2014 tentang Penyelenggaraan Usaha                           Implementation of Finance Companies and
     Perusahaan Pembiayaan             dan POJK No.                          POJK No. 30/POJK.05/2014 concerning Good
     30/POJK.05/2014 tentang Tata Kelola Perusahaan                          Corporate Governance for Finance Companies. This
     yang Baik bagi Perusahaan Pembiayaan. Perubahan                         change has caused amendment of the Articles of
     ini menyebabkan perubahan Anggaran Dasar                                Association. The amendment of this Articles of
     Perseroan. Perubahan Anggaran Dasar ini telah                           Association was approved by the Minister of Law and
     disetujui oleh Menteri Hukum dan Hak Asasi                              Human Rights of the Republic of Indonesia through
     Manusia         Republik Indonesia melalui surat                        its letter No. AHU-0940641.AH.01.02.TAHUN 2015
     keputusan No. AHU-0940641.AH.01.02.TAHUN                                dated 14 August 2015. Furthermore, the Company
     2015 tanggal 14 Agustus 2015. Selanjutnya                               also made amendment to the provisions of Article 12
     Perseroan juga melakukan perubahan ketentuan                            of the Articles of Association based on the
     Pasal 12 Anggaran Dasar dengan keputusan Rapat                          Extraordinary General Meeting of Shareholders
     Umum Pemegang Saham Luar Biasa tertanggal 24                            resolution dated 24 February 2017, which was
     Februari 2017 yang berita acaranya diaktakan                            notarised in Notarial Deed of Linda Herawati, S.H.,
     dengan Akta Notaris Linda Herawati, S.H., No. 76                        No. 76 dated 22 March 2017. The amendment has
     tanggal 22 Maret 2017. Perubahan tersebut telah                         been received and recorded by the Legal Entity
     diterima dan dicatat Sistem Administrasi Badan                          Administration System of the Minister of Law and
     Hukum Kementerian Hukum dan Hak Asasi Manusia                           Human Rights of the Republic of Indonesia through a
     Republik Indonesia melalui surat penerimaan                             letter of receipt of notification of amendment to the
     pemberitahuan       perubahan     anggaran     dasar                    articles of association No. AHU-AH.01.03-0122914
     No. AHU-AH.01.03-0122914 tanggal 31 Maret 2017.                         dated 31 March 2017.




                                                           Halaman - 5/1 - Page
Page 485
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                     31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                       (Expressed in millions of Rupiah, unless otherwise stated)


1.   INFORMASI UMUM (lanjutan)                                          1.   GENERAL INFORMATION (continued)

     Pendirian dan Informasi Umum (lanjutan)                                 Establishment         and      General        Information
                                                                             (continued)

     Sesuai dengan Anggaran Dasar Perseroan, maksud                          Based on the Company’s Articles of Association, the
     dan tujuan Perseroan adalah menjalankan kegiatan                        Company’s purpose and objectives are to engage as a
     usaha dalam bidang Lembaga Pembiayaan dan                               Finance Company in providing general consumer
     Pembiayaan berdasarkan prinsip Syariah, dengan                          financing and financing based on Sharia principles,
     ruang lingkup kegiatan yang meliputi:                                   with the scope of activities which includes the following:

     1. Menjalankan kegiatan usaha pembiayaan                                1. To provide investment financing;
        investasi;
     2. Menjalankan kegiatan usaha pembiayaan modal                          2. To provide working capital financing;
        kerja;
     3. Menjalankan kegiatan usaha pembiayaan                                3. To provide multi-purpose financing;
        multiguna;
     4. Menjalankan kegiatan usaha sewa operasi                              4. To provide financing for operating lease and/or
        (operating lease) dan/atau kegiatan berbasis fee;                       fee based activity;
     5. Menjalankan kegiatan usaha pembiayaan                                5. To provide sharia financing contract which cover
        syariah meliputi pembiayaan jual beli,                                  trade financing, investment financing, and/or
        pembiayaan investasi, dan/atau pembiayaan                               service financing based on sharia principle; and
        jasa yang dilakukan dengan menggunakan akad
        berdasarkan prinsip syariah; dan
     6. Menjalankan kegiatan usaha pembiayaan lain                           6. To provide other financing facilities subject to
        berdasarkan      persetujuan    Otoritas    Jasa                        Financial Services Authority’s (“OJK”) approval.
        Keuangan (“OJK”).

     Perseroan memperoleh izin usaha sebagai                                 The Company obtained its license as a finance
     perusahaan      pembiayaan    berdasarkan    Surat                      company      based    on     the    decision  letters
     Keputusan Menteri Keuangan No. 1151/KMK.013/                            No. 1151/KMK.013/1989 of the Ministry of Finance
     1989      tanggal    17    Oktober    1989     dan                      dated 17 October 1989 and No. 1004/KMK.013/1990
     No. 1004/KMK.013/1990 tanggal 30 Agustus 1990                           dated 30 August 1990 and started its commercial
     dan memulai operasi komersialnya pada tahun 1989.                       operations in 1989. Currently, the Company is mainly
     Saat ini, Perseroan terutama bergerak dalam bidang                      engaged in consumer financing activities.
     pembiayaan konsumen.

     Kantor pusat Perseroan berlokasi di Menara FIF,                         The Company’s head office is located at Menara FIF,
     Jalan TB Simatupang Kav.15, Cilandak, Jakarta                           Jalan TB Simatupang Kav.15, Cilandak, Jakarta
     12440, Indonesia dan pada tanggal 31 Desember                           12440, Indonesia and as at 31 December 2025 has
     2025 memiliki 262 kantor cabang (2024: 250 kantor                       262 branch offices (2024: 250 branch offices)
     cabang) (tidak diaudit) yang berlokasi, antara lain, di                 (unaudited) and which are located, among others, in
     Makassar, Banjarmasin, Medan, Palembang,                                Makassar, Banjarmasin, Medan, Palembang,
     Semarang, Yogyakarta, Surabaya, Denpasar, Kediri,                       Semarang, Yogyakarta, Surabaya, Denpasar, Kediri,
     Jember, Bandung dan lain-lain.                                          Jember, Bandung and others.

     Entitas induk langsung Perseroan adalah PT Astra                        The Company’s immediate parent Company is
     International Tbk, perusahaan yang berdomisili di                       PT Astra International Tbk, a company incorporated
     Indonesia, sedangkan entitas induk utama Perseroan                      in Indonesia and its ultimate parent company is
     adalah Jardine Matheson Holdings Limited,                               Jardine Matheson Holdings Limited, a company
     perusahaan yang berdomisili di Bermuda.                                 incorporated in Bermuda.

     PT Astra International Tbk merupakan pemegang                           PT Astra International Tbk is the controlling
     saham utama dari Perseroan.                                             shareholder of the Company.

     Pada tanggal 31 Desember 2025, Perseroan                                As at 31 December 2025, the Company has a total of
     memiliki 14.411 karyawan (2024: 14.134 karyawan)                        14,411 employees (2024: 14,134 employees)
     (tidak diaudit).                                                        (unaudited).




                                                           Halaman - 5/2 - Page
Page 486
                                                     PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                                       NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                                    31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                      (Expressed in millions of Rupiah, unless otherwise stated)


1.   INFORMASI UMUM (lanjutan)                                                     1.    GENERAL INFORMATION (continued)

     Surat berharga yang diterbitkan                                                     Securities issued

     a.   Obligasi                                                                       a.      Bonds

          Selama beberapa tahun, Perseroan telah                                                 Throughout the years, the Company has issued
          menerbitkan surat berharga dan pada tanggal                                            securities and as at 31 December 2025 and
          31 Desember 2025 dan 2024, surat berharga                                              2024, securities issued that are still outstanding
          yang diterbitkan yang masih terutang adalah                                            are as follows:
          sebagai berikut:
                                                                                    Tanggal
                                         Jumlah                                  pencatatan di
                                           yang                                   Bursa Efek
                                       diterbitkan/                                Indonesia/
                                         Amount                                 Listing date on
                    Obligasi/             issued         Tanggal efektif/        the Indonesia                       Perjanjian Perwaliamanatan/
                     Bonds                  (Rp)          Effective date       Stock Exchange                         Trusteeship Agreements
          Obligasi Berkelanjutan V/     Tahap III/            27 Mei/               Tahap III/       Tahap III: No. 10 tanggal 9 Maret 2022/
          Continuance Bonds V           Phase III:           May 2021               Phase III:       Phase III: No. 10 dated 9 March 2022
                                        2,000,000      (No. S-70/D.04/2021)         28 Maret/
                                                                                  March 2022
                                        Tahap IV/                                  Tahap IV/         Tahap IV: No. 01 tanggal 12 Oktober 2022/
                                        Phase IV:                                  Phase IV:         Phase IV: No. 01 dated 12 October 2022
                                        1,177,000                                 31 Oktober/
                                                                                 October 2022
                                        Tahap V/                                  Tahap V/           Tahap V: No. 01 tanggal 08 Februari 2023 /
                                        Phase V:                                  Phase V:           Phase V: No. 01 dated 08 February 2023
                                        3,000,000                                27 Februari/
                                                                                February 2023

          Obligasi Berkelanjutan VI/     Tahap I/             27 Juni/             Tahap I/          Tahap I: No. 57 tanggal 23 Juni 2023/
           Continuance Bonds VI          Phase I:            June 2023             Phase I:          Phase I: No. 57 dated 23 June 2023
                                        1,000,000      (No. S-163/D.04/2023)       12 Juli/
                                                                                  July 2023
                                         Tahap II/                                 Tahap II/         Tahap II: No. 15 tanggal 27 Oktober 2023/
                                         Phase II:                                 Phase II:         Phase II: No. 15 dated 27 October 2023
                                        1,100,000                                17 November
                                                                                     2023
                                        Tahap III/                                Tahap III/         Tahap III: No. 15 tanggal 13 Maret 2024/
                                        Phase III:                                Phase III:         Phase III: No. 15 dated 13 March 2024
                                        2,000,000                                3 April 2024
                                        Tahap IV/                                  Tahap IV/         Tahap IV: No. 11 tanggal 20 Agustus 2024/
                                        Phase IV:                                  Phase IV:         Phase IV: No. 11 dated 20 August 2024
                                        2,500,000                              9 September 2024
                                        Tahap V/                                   Tahap V/          Tahap V: No. 11 tanggal 14 Maret 2025/
                                        Phase V:                                   Phase V:          Phase V: No. 11 dated 14 March 2025
                                        2,500,000                                16 April 2025

          Obligasi Berkelanjutan        Tahap I/              26 Juni/             Tahap I/          Tahap I: No. 65 tanggal 24 Juni 2025/
            VII/ Continuance            Phase I:            June 2025              Phase I:          Phase I: No. 65 dated 24 June 2025
            Bonds VII                   500,000        (No. S-68/D.04/2025)       9 Juli/July
                                                                                     2025
                                         Tahap II/                                Tahap II/          Tahap II: No. 9 tanggal 27 Agustus 2025/
                                         Phase II:                                Phase II:          Phase II: No. 9 dated 27 August 2025
                                        2,500,000                               15 September
                                                                                    2025



          Hasil penerbitan, Obligasi Berkelanjutan V                                             The proceeds, Continuance Bonds V Phase III
          Tahap III Tahun 2022, Obligasi Berkelanjutan V                                         Year 2022, Continuance Bonds V Phase IV Year
          Tahap IV Tahun 2022, Obligasi Berkelanjutan V                                          2022, Continuance Bonds V Phase V Year 2023,
          Tahap V Tahun 2023, Obligasi Berkelanjutan VI                                          Continuance Bonds VI Phase I Year 2023,
          Tahap I Tahun 2023, Obligasi Berkelanjutan VI                                          Continuance Bonds VI Phase II Year 2023,
          Tahap II Tahun 2023, Obligasi Berkelanjutan VI                                         Continuance Bonds VI Phase III Year 2024,
          Tahap III Tahun 2024, Obligasi Berkelanjutan VI                                        Continuance Bonds VI Phase IV Year 2024,
          Tahap IV Tahun 2024, Obligasi Berkelanjutan VI                                         Continuance Bonds VI Phase V Year 2025,
          Tahap V Tahun 2025, Obligasi Berkelanjutan VII                                         Continuance Bonds VII Phase I Year 2025, and
          Tahap I Tahun 2025, dan Obligasi Berkelanjutan                                         Continuance Bonds VII Phase II Year 2025 net
          VII Tahap II Tahun 2025 tersebut di atas setelah                                       of issuance costs were used by the Company for
          dikurangi     dengan      biaya-biaya      emisi                                       working capital (consumer financing).
          dipergunakan oleh Perseroan sebagai modal
          kerja (pembiayaan konsumen).




                                                                  Halaman - 5/3 - Page
Page 487
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


1.   INFORMASI UMUM (lanjutan)                                          1.   GENERAL INFORMATION (continued)

     Surat berharga yang diterbitkan (lanjutan)                              Securities issued (continued)

     a.   Obligasi (lanjutan)                                                a.     Bonds (continued)

          Obligasi Berkelanjutan V Tahap III Tahun 2022,                            Continuance Bonds V Phase III Year 2022,
          Obligasi Berkelanjutan V Tahap IV Tahun 2022,                             Continuance Bonds V Phase IV Year 2022,
          Obligasi Berkelanjutan V Tahap V Tahun 2023,                              Continuance Bonds V Phase V Year 2023,
          Obligasi Berkelanjutan VI Tahap I Tahun 2023,                             Continuance Bonds VI Phase I Year 2023,
          Obligasi Berkelanjutan VI Tahap II Tahun 2023,                            Continuance Bonds VI Phase II Year 2023,
          Obligasi Berkelanjutan VI Tahap III Tahun 2024,                           Continuance Bonds VI Phase III Year 2024,
          Obligasi Berkelanjutan VI Tahap IV Tahun 2024,                            Continuance Bonds VI Phase IV Year 2024,
          Obligasi Berkelanjutan VI Tahap V Tahun 2025,                             Continuance Bonds VI Phase V Year 2025,
          Obligasi Berkelanjutan VII Tahap I Tahun 2025,                            Continuance Bonds VII Phase I Year 2025, and
          dan Obligasi Berkelanjutan VII Tahap II Tahun                             Continuance Bonds VII Phase II Year 2025
          2025 ditawarkan dengan harga nominal pada                                 were offered at par value in the primary market.
          pasar perdana.

          Lihat Catatan 15 untuk rincian surat berharga                             Refer to Note 15 for details of the securities
          yang diterbitkan, termasuk saldo dan informasi                            issued, including outstanding balance and
          jatuh tempo.                                                              maturity date.

     Entitas Asosiasi                                                        Associate

     Perseroan dan Koperasi Federal International                            The Company and Koperasi Federal International
     Finance 2000 telah mendirikan anak perusahaan                           Finance 2000 has established a subsidiary, with the
     yang bernama PT Astra Digital Arta (“ADA”)                              name PT Astra Digital Arta (“ADA”) based on notarial
     berdasarkan akta notaris Mahendra Adinegara, S.H.,                      deed of Mahendra Adinegara, S.H., M.Kn., No. 06
     M.Kn., No. 06 tanggal 5 Juni 2018. Akta pendirian ini                   dated 5 June 2018. The establishment has been
     telah disetujui oleh Menteri Hukum dan Hak Asasi                        approved by the Minister of Law and Human Rights
     Manusia Republik Indonesia melalui Surat                                of the Republic Indonesia through its Decision Letter
     Keputusan No. AHU-0028921.AH.01.01.TAHUN                                No. AHU-0028921.AH.01.01. TAHUN 2018 dated
     2018 tanggal 7 Juni 2018. Anggaran Dasar ADA                            7 June 2018. ADA’s Articles of Association have
     telah beberapa kali mengalami perubahan, antara                         been amended several times, such as the
     lain perubahan ketentuan Pasal 1 terkait nama dan                       amendment to the provisions of Article 1 regarding
     tempat kedudukan ADA, sebagaimana tertuang                              the name and domicile of ADA, based on the notarial
     dalam Akta dari notaris Sudiono Abady, S.H., No. 6                      deed of Sudiono Abady, S.H., No. 6 dated 25
     tanggal 25 Januari 2021. Perubahan Anggaran                             January 2021. The amendment of this Articles of
     Dasar ini telah disetujui oleh Menteri Hukum dan Hak                    Association was approved by the Minister of Law and
     Asasi Manusia Republik Indonesia melalui surat                          Human Rights of the Republic of Indonesia through
     keputusan No. AHU-0005231.AH.01.02.TAHUN                                letter No. AHU-0005231.AH.01.02.TAHUN 2021
     2021 tanggal 27 Januari 2021.                                           dated 27 January 2021.

     Setelah itu ADA melakukan perubahan ketentuan                           Furthermore ADA has made amendment to the
     Pasal 4 ayat 2 Anggaran Dasar sebagaimana                               provisions of Article 4 paragraph 2 of the Articles of
     tertuang dalam Akta dari notaris Gibson Thomasyadi,                     Association based on the notarial deed of Gibson
     S.H., No. 18 tanggal 28 Juni 2021. Perubahan                            Thomasyadi, S.H., No. 18 dated 28 June 2021. The
     Anggaran Dasar ini telah dicatat oleh Menteri Hukum                     amendment of this Articles of Association was
     dan Hak Asasi Manusia Republik Indonesia melalui                        registered by the Minister of Law and Human Rights
     surat No. AHU-AH.01.03-0402234 dan AHU-                                 of the Republic of Indonesia through letter No. AHU-
     AH.01.03-0402237 tanggal 28 Juni 2021. Kemudian,                        AH.01.03-0402234 and AHU-AH.01.03-0402237
     ADA melakukan perubahan ketentuan Pasal 4 ayat 1                        dated 28 June 2021. Then, ADA made amendment
     dan 2 Anggaran Dasar terkait perubahan modal                            to the provisions of Article 4 paragraph 1 and 2 of the
     dasar Perseroan, sebagaimana tertuang dalam Akta                        Articles of Association related to changes in the
     dari notaris Gibson Thomasyadi, S.H., No. 20 tanggal                    authorised capital of the Company, based on the
     30 Juni 2021.                                                           notarial deed of Gibson Thomasyadi, S.H., No. 20
                                                                             dated 30 June 2021.




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Page 488
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                     31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                       (Expressed in millions of Rupiah, unless otherwise stated)


1.   INFORMASI UMUM (lanjutan)                                          1.   GENERAL INFORMATION (continued)

     Entitas Asosiasi (lanjutan)                                             Associate (continued)

     Perubahan Anggaran Dasar ini telah disetujui oleh                       The amendment of this Articles of Association was
     Menteri Hukum dan Hak Asasi Manusia Republik                            approved by the Minister of Law and Human Rights
     Indonesia melalui surat keputusan No. AHU-                              of the Republic of Indonesia through letter No. AHU-
     0037216.AH.01.02.TAHUN 2021 tanggal 30 Juni                             0037216.AH.01.02. TAHUN 2021 dated 30 June
     2021. Kemudian ADA melakukan perubahan                                  2021. Then, ADA made amendment to the provisions
     ketentuan Pasal 11 ayat 1 dan 12 ayat 2 Anggaran                        of Article 11 paragraph 1 and Article 12 paragraph 2
     Dasar sebagaimana tertuang dalam Akta dari notaris                      of the Articles of Association based on the notarial
     Gibson Thomasyadi, S.H., No. 17 tanggal                                 deed of Gibson Thomasyadi, S.H., No. 17 dated 26
     26 November 2021. Perubahan Anggaran Dasar ini                          November 2021. The amendment of this Articles of
     telah diberitahukan kepada Menteri Hukum dan Hak                        Association was notified to the Minister of Law and
     Asasi Manusia Republik Indonesia sebagaimana                            Human Rights of the Republic of Indonesia as stated
     tertuang dalam surat keputusan No. AHU-AH.01.03-                        on letter No. AHU-AH.01.03-0478785 dated 29
     0478785 tanggal 29 November 2021.                                       November 2021.

     Berdasarkan perubahan anggaran dasar tertanggal                         Based on the amendment to the Articles of
     30 Juni 2021, Perseroan melakukan penambahan                            Association dated 30 June 2021, the Company
     modal di ADA sebesar Rp 50.088, dan terjadi                             subscribed additional capital in ADA amounted to
     perubahan komposisi pemegang saham ADA,                                 Rp 50,088, and the Composition of ADA’s
     dimana saham ADA dimiliki oleh Perseroan,                               shareholders has changed which ADA’s shares are
     Koperasi Federal International Finance 2000, dan PT                     owned by the Company, Koperasi Federal
     Sedaya Multi Investama (”SMI”), masing-masing                           International Finance 2000, and PT Sedaya Multi
     sebesar 25,00%, 2,25%, dan 72,75%. Pada tanggal                         Investama (“SMI”) at 25.00%, 2.25%, and 72.75%,
     31 Desember 2021, Perseroan, Koperasi Federal                           respectively. As at 31 December 2021, the Company,
     International Finance 2000, dan SMI telah melakukan                     Koperasi Federal International Finance 2000, and
     setoran modal masing-masing sebesar Rp 53.500,                          SMI have capital injection amounted to Rp 53,500,
     Rp 4.815, dan Rp 155.685.                                               Rp 4,815, and Rp 155,685, respectively.

     Dengan perubahan anggaran dasar tersebut, maka                          With the latest amendment of the Articles of
     sejak 1 Juli 2021 pendgendalian Perseroan terhadap                      Association, since 1 July 2021 the Company’s
     ADA telah berakhir dan oleh karena itu tidak                            control of ADA has ended and therefore there is no
     dilakukan konsolidasi atas laporan keuangan ADA                         consolidation of the financial statements of ADA as at
     pada dan untuk tahun yang berakhir tanggal                              and for the year ended 31 December 2021, except
     31 Desember 2021, kecuali laporan laba rugi dan                         for statements of profit or loss and other
     penghasilan komprehensif lain dan laporan arus kas                      comprehensive income and statements of cash flows
     untuk periode enam bulan dari 1 Januari 2021                            for the six-months period from 1 January 2021 to
     sampai dengan 30 Juni 2021.                                             30 June 2021.

     Transaksi divestasi penyertaan saham di ADA                             This divestment transaction of equity participation in
     merupakan reorganisasi entitas sepengendali karena                      ADA is a reorganisation of entity under common
     pemegang saham pengendali Perseroan dan SMI                             control because the controlling shareholder of the
     adalah PT Astra International Tbk. Oleh karena itu,                     Company and SMI is PT Astra International Tbk.
     transaksi divestasi ini diperlakukan berdasarkan                        Therefore, this divestment transaction is treated
     metode penyatuan kepemilikan sesuai Pernyataan                          based on the pooling of ownership method in
     Standar Akuntansi Keuangan (“PSAK”) 228                                 accordance with Statements of Financial Accounting
     “Investasi pada entitas asosiasi dan ventura                            Standards (“SFAS”) 228 “Investments in Associates
     bersama”. Nilai tercatat aset bersih ADA pada                           and Joint Ventures”. Carrying value of the net assets
     tanggal 30 Juni 2021 adalah sebesar Rp 5.059                            of ADA as at 30 June 2021 is Rp 5,059 while its fair
     sedangkan nilai wajar investasi pada ADA sebesar                        value is Rp 41,079. The difference between carrying
     Rp 41.079. Selisih antara nilai buku dan nilai wajar                    value and fair value investment as at 30 June 2021
     pada tanggal 30 Juni 2021 sebesar Rp 36.020                             of Rp 36,020 is recorded as additional paid-in capital
     dicatat sebagai tambahan modal disetor (lihat                           (refer to Note 17).
     Catatan 17).

     Sejak 1 Juli 2021, penyertaan Perseroan terhadap                        Since 1 July 2021, the Company's investment in
     ADA dianggap sebagai penyertaan pada perusahaan                         ADA is considered as investment in associate with
     asosiasi dengan pengaruh signifikan, yang dicatat                       significant influence which is recorded using the
     menggunakan metode ekuitas.                                             equity method.




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Page 489
                                                                    PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                                                        NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                                                     31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                                       (Expressed in millions of Rupiah, unless otherwise stated)


1.   INFORMASI UMUM (lanjutan)                                                                        1.    GENERAL INFORMATION (continued)

     Susunan Dewan Komisaris, Direksi, Komite                                                               Composition of the Board of Commissioners,
     Audit, Komite Pemantau Risiko dan Dewan                                                                Board of Directors, Audit Committee, Risk
     Pengawas Syariah                                                                                       Monitoring Committee and Sharia Supervisory
                                                                                                            Board

     Pada tanggal 31 Desember 2025 dan 2024 susunan                                                         As at 31 December 2025 and 2024 the members of
     Dewan Komisaris, Direksi, Komite Audit, Komite                                                         the Company’s Board of Commissioners, Board of
     Pemantau Risiko dan Dewan Pengawas Syariah                                                             Directors, Audit Committee, Risk Monitoring
     Perseroan adalah sebagai berikut:                                                                      Committee and Sharia Supervisory Board are as
                                                                                                            follows:

                                                                                2025                                  2024
     Dewan Komisaris:                                                                                                                                       Board of Commissioners:
     Presiden Komisaris                                                 Rudy a)                                 Suparno Djasmin                                President Commissioner
     Komisaris                                                 Thomas Junaidi Alim Wijaya                  Thomas Junaidi Alim Wijaya                                    Commissioner
     Komisaris Independen                                      R. Nunu Soetjahja Noegroho                  R. Nunu Soetjahja Noegroho                       Independent Commissioner
     Komisaris Independen                                         Margono Tanuwijaya b)                        Gede Harja Wasistha                          Independent Commissioner

     Direksi:                                                                                                                                                            Board of Directors:
     Presiden Direktur                                                         Siswadi                               Siswadi                                               President Director
     Direktur Pengembangan Sumber
       Daya Manusia dan Pelayanan                                                                                                                                  Human Capital and
       Umum                                                               Sri Harjati                               Sri Harjati                           General Services Director
     Direktur Keuangan                                               Valentina Chai Wei Li                    Valentina Chai Wei Li                                  Finance Director
     Direktur Operasi                                                     Setia Budi                               Setia Budi                                       Operation Director
     Direktur Pemasaran                                                 Daniel Hartono                           Daniel Hartono                                     Marketing Director
     Direktur Teknologi Informasi,                                                                                                                            Information Technology,
       Pengembangan Bisnis,                                                                                                                                 Business Development,
       Perencanaan Perusahaan, dan                                                                                                                         Corporate Planning, and
       Manajemen Risiko                                                  Indra Gunawan                           Indra Gunawan                           Risk Management Director

     Komite Audit:                                                                                                                                                          Audit Committee:
     Ketua                                                          Margono Tanuwijaya c)                     Gede Harja Wasistha                                                   Chairman
     Anggota                                                           Hardi Montana                            Hardi Montana                                                        Member
     Anggota                                                         Juliani Eliza Syaftari                   Juliani Eliza Syaftari                                                 Member

     Komite Pemantau Risiko:                                                                                                                            Risk Monitoring Committee:
     Ketua                                                     R. Nunu Soetjahja Noegroho                  R. Nunu Soetjahja Noegroho                                     Chairman
     Anggota                                                         Hardi Montana                               Hardi Montana                                             Member
     Anggota                                                       Juliani Eliza Syaftari                      Juliani Eliza Syaftari                                      Member

     Dewan Pengawas Syariah:                                                                                                                               Sharia Supervisory Board:
     Anggota                                                            Aminudin Yakub                          Aminudin Yakub                                               Member

                                                                                                                               Effective after obtaining the decision letter from Board of Commissioner of a)
     a)  Efektif setelah mendapat Keputusan Anggota Dewan Komisioner Otoritas Jasa Keuangan                                                        Financial Services Authority (“OJK”) dated 25 July 2025
        (“OJK”) tentang hasil penilaian kemampuan dan kepatutan tanggal 25 Juli 2025                                           Effective after obtaining the decision letter from Board of Commissioner of b)
     b) Efektif setelah mendapat Keputusan Anggota Dewan Komisioner Otoritas Jasa Keuangan                                                      Financial Services Authority (“OJK”) dated 4 August 2025
        (“OJK”) tentang hasil penilaian kemampuan dan kepatutan tanggal 4 Agustus 2025                                         Effective starting from the date the position as independent commissioner c)
     c) Efektif terhitung sejak tanggal jabatan sebagai Komisaris Independen berlaku efektif                                                                                             becomes effective




     Pembentukan Komite Audit dan Komite Pemantau                                                           Pembentukan Komite Audit danKomite Pemantau
     Risiko Perseroan telah sesuai dengan Peraturan                                                         Risiko Perseroan telah sesuai dengan Peraturan
     Otoritas Jasa Keuangan (“POJK”) No. 48/2024                                                            Otoritas Jasa Keuangan (“POJK”) No. 48/2024
     tanggal 30 Desember 2024.                                                                              tanggal 30 Desember 2024.

     Berdasarkan      Surat      Keputusan       Direksi                                                    Based on the Board of Directors’ Decision Letter
     No. 002/FIFGROUP/SK-PD/I/2025              tentang                                                     No. 002/FIFGROUP/SK-PD/I/2025            regarding
     Pengangkatan Kepala Internal Audit Perseroan                                                           Appointment of Internal Audit Department Head
     tanggal 24 Januari 2025, Rani Affiyanti Sandyarani                                                     dated 24 January 2025, Rani Affiyanti Sandyarani is
     diangkat sebagai Kepala Internal Audit Perseroan                                                       appointed as the Head of Internal Audit since
     sejak tanggal 1 Februari 2025 sampai dengan saat                                                       1 February 2025 until now
     ini.




                                                                                         Halaman - 5/6 - Page
Page 490
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


1.   INFORMASI UMUM (lanjutan)                                          1.   GENERAL INFORMATION (continued)

     Susunan Dewan Komisaris, Direksi, Komite                                Composition of the Board of Commissioners,
     Audit, Komite Pemantau Risiko dan Dewan                                 Board of Directors, Audit Committee, Risk
     Pengawas Syariah (lanjutan)                                             Monitoring Committee and Sharia Supervisory
                                                                             Board (continued)

     Berdasarkan Surat Keputusan Direksi No. 001/                            Based on the Board of Directors’ Decision Letter
     PROMO/SK-HRD/VI/2021 tentang Pengangkatan                               No.     001/PROMO/SK-HRD/VI/2021          regarding
     Sekretaris Perusahaan tanggal 1 Juni 2021,                              Appointment of Corporate Secretary dated 1 June
     Theodorus Indra Surya Putra diangkat sebagai                            2021, Theodorus Indra Surya Putra is appointed as
     Sekretaris Perseroan sejak 1 Juni 2021 sampai                           the Corporate Secretary since 1 June 2021 until now.
     dengan saat ini.


2.   INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                             2.   MATERIAL                  ACCOUNTING                 POLICY
                                                                             INFORMATION

     Laporan keuangan PT Federal International Finance                       The financial statements of PT Federal International
     diselesaikan dan diotorisasi untuk terbit oleh Direksi                  Finance were completed and authorised for issuance
     pada tanggal 20 Februari 2026.                                          by the Board of Directors on 20 February 2026.

     Kebijakan akuntansi material yang diterapkan dalam                      The material accounting policies adopted in preparing
     penyusunan laporan keuangan Perseroan adalah                            the financial statements of the Company are set out
     seperti dijabarkan di bawah ini.                                        below.

     a. Dasar penyajian laporan keuangan                                     a.     Basis of preparation of financial statements

          Laporan keuangan ini telah disusun dan                                    These financial statements have been prepared
          disajikan sesuai dengan Standar Akuntansi                                 and presented in accordance with Indonesian
          Keuangan      Indonesia    yang     mencakup                              Financial Accounting Standards which comprise
          Pernyataan Standar Akuntansi Keuangan                                     of Statements of Financial Accounting Standards
          (“PSAK”) dan Interpretasi Standar Akuntansi                               (“SFAS”) and Interpretation of Financial
          Keuangan (“ISAK”) yang dikeluarkan oleh                                   Accounting Standards (“ISFAS”) issued by the
          Dewan Standar Akuntansi Keuangan Ikatan                                   Financial Accounting Standards Board of
          Akuntan Indonesia (“DSAK-IAI”) dan Keputusan                              Indonesian Institute of Accountant (“DSAK-IAI”)
          Ketua Badan Pengawas Pasar Modal dan                                      and the Decree of Capital Market and Financial
          Lembaga Keuangan (“Bapepam-LK”) (efektif                                  Institution Supervisory Agency (“Bapepam-LK”)
          1 Januari 2013, OJK telah mengambil alih fungsi                           (effective 1 January 2013, OJK takes over the
          dari Bapepam-LK) No. KEP-347/BL/2012                                      function of Bapepam-LK) No. KEP-347/BL/2012
          tanggal 25 Juni 2012 yang merupakan                                       dated 25 June 2012 which is the latest change of
          perubahan terakhir atas Keputusan Ketua                                   the Decree of the Bapepam-LK No. KEP-
          Bapepam-LK No. KEP-554/BL/2010 tanggal                                    554/BL/2010 dated 30 December 2010 and the
          30 Desember 2010 dan Keputusan Ketua                                      Decree of the Bapepam-LK No. KEP-
          Bapepam-LK No. KEP-06/PM/2000 tanggal                                     06/PM/2000 dated 13 March 2000 on Regulation
          13 Maret 2000 yaitu Peraturan No. VIII.G.7                                No. VIII.G.7 regarding “Financial Statements
          tentang    “Pedoman      Penyajian    Laporan                             Presentation Guidelines”.
          Keuangan”.




                                                           Halaman - 5/7 - Page
Page 491
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                             2.   MATERIAL        ACCOUNTING                           POLICY
     (lanjutan)                                                              INFORMATION (continued)

     a. Dasar penyajian laporan keuangan (lanjutan)                          a.     Basis of preparation of financial statements
                                                                                    (continued)
          Laporan keuangan disusun berdasarkan konsep                               The financial statements have been prepared
          harga perolehan, kecuali untuk instrumen                                  under the historical cost, except for derivative
          derivatif yang diukur berdasarkan nilai wajar.                            instrument which have been measured at fair
          Laporan keuangan disusun berdasarkan                                      value. The financial statements are prepared
          akuntansi berbasis akrual, kecuali laporan arus                           under the accrual basis of accounting, except for
          kas.                                                                      the statements of cash flows.
          Laporan arus kas disusun dengan menggunakan                               The statements of cash flows are prepared
          metode langsung dengan mengelompokkan arus                                based on the direct method by classifying cash
          kas ke dalam kegiatan operasi, investasi dan                              flows as operating, investing and financing
          pendanaan. Untuk tujuan laporan arus kas, kas                             activities. For the purpose of the statements of
          dan setara kas mencakup kas dan kas di bank                               cash flows, cash and cash equivalents include
          yang tidak dibatasi penggunaannya dan tidak                               cash on hand and cash in banks which are not
          digunakan sebagai jaminan atas pinjaman.                                  restricted and pledged as collateral for any
                                                                                    borrowings.
          Seluruh angka dalam laporan keuangan ini                                  All figures in the financial statements are
          dibulatkan dan disajikan dalam jutaan Rupiah                              rounded and stated to the nearest in millions of
          (“Rp”) yang terdekat, kecuali dinyatakan lain.                            Rupiah (“Rp”), unless otherwise specified. Refer
          Lihat Catatan 2q untuk informasi mata uang                                to Note 2q for the information on the functional
          fungsional.                                                               currency.
          Untuk memberikan pemahaman yang lebih baik                                In order to provide further understanding of the
          atas kinerja keuangan Perseroan, karena sifat                             financial performance of the Company, due to
          dan jumlahnya yang material, beberapa item                                the material of their nature or amount, several
          pendapatan dan beban telah disajikan secara                               items of income or expense have been shown
          terpisah.                                                                 separately.
          Penyusunan laporan keuangan sesuai dengan                                 The preparation of financial statements in
          Standar    Akuntansi   Keuangan    Indonesia                              conformity with Indonesian Financial Accounting
          mengharuskan penggunaan estimasi dan                                      Standards requires the use of certain critical
          asumsi. Hal tersebut juga mengharuskan                                    accounting estimates and assumptions. It also
          manajemen untuk membuat pertimbangan                                      requires management to exercise its judgement
          dalam proses penerapan kebijakan akuntansi                                in the process of applying the Company’s
          Perseroan.    Area   yang    kompleks   atau                              accounting policies. The areas involving a higher
          memerlukan tingkat pertimbangan yang lebih                                degree of judgement or complexity, or areas
          tinggi atau area dimana asumsi dan estimasi                               where assumptions and estimates are material
          dapat berdampak material terhadap laporan                                 to the financial statements are disclosed in
          keuangan diungkapkan di Catatan 3.                                        Note 3.

     b. Perubahan     pada    pernyataan    standar                          b.     Changes to the statements of financial
        akuntansi    keuangan    dan    interpretasi                                accounting standards and interpretations of
        pernyataan standar akuntansi keuangan                                       financial accounting standards

         Berikut ini adalah standar akuntansi keuangan,                             The followings are financial accounting
         perubahan dan interpretasi standar akuntansi                               standards, amendments and interpretation of
         keuangan yang berlaku efektif sejak 1 Januari                              financial accounting standards which become
         2025.                                                                      effective starting 1 January 2025.
         - PSAK 117 “Kontrak Asuransi”;                                             - SFAS 117 “Insurance Contract”;
         - Amendemen PSAK 117 “Kontrak Asuransi”                                    - Amendment of SFAS 117 “Insurance
            terkait Penerapan Awal PSAK 117 dan PSAK                                    Contract” regarding Initial Application of
            109 - Informasi Komparatif; dan                                             SFAS 117 and SFAS 109 - Comparative
                                                                                        Information; and
         -   Amendemen        PSAK      221     “Pengaruh                           - Amendment of SFAS 221 “The Effect of
             Perubahan Kurs Valuta Asing” terkait kondisi                               Changes in Foreign Exchange Rates”
             ketika suatu mata uang tidak tertukarkan.                                  regarding to conditions when a currency is
                                                                                        not exchangeable.




                                                           Halaman - 5/8 - Page
Page 492
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                    31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                      (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                             2.   MATERIAL        ACCOUNTING                       POLICY
     (lanjutan)                                                              INFORMATION (continued)

     b. Perubahan          pada   pernyataan    standar                      b.   Changes to the statements of financial
        akuntansi         keuangan   dan    interpretasi                          accounting standards and interpretations of
        pernyataan        standar akuntansi keuangan                              financial accounting standards (continued)
        (lanjutan)

          Implementasi dari standar-standar tersebut tidak                        The implementation of the above standards did
          menghasilkan perubahan substansial terhadap                             not result in substantial changes to the
          kebijakan akuntansi Perseroan dan tidak                                 Company's accounting policies and had no
          memiliki dampak yang material terhadap laporan                          material impact to the financial statements for
          keuangan di tahun berjalan atau tahun                                   current or prior financial years.
          sebelumnya.

     c.   Prinsip - prinsip metode ekuitas                                   c.   Principles of equity method

          Entitas Asosiasi                                                        Associate

          Entitas asosiasi adalah seluruh entitas                                 Associate is all entities over which the
          dimana       Perseroan memiliki pengaruh                                Company has significant influence but not
          signifikan namun bukan pengendalian,                                    control,    generally      accompanying    a
          biasanya melalui kepemilikan hak suara                                  shareholding of between 20% and 50% of the
          antara 20% dan 50%. Investasi pada entitas                              voting rights. Investment in associate are
          asosiasi dicatat dengan metode ekuitas,                                 accounted for using the equity method, after
          setelah pada awalnya diakui pada nilai                                  initially being recognised at cost less
          perolehan dikurangi kerugian penurunan                                  impairment losses, if any.
          nilai, jika ada.

          Investasi pada entitas asosiasi pada awalnya                            Investment in an associate is initially
          diakui sebesar biaya perolehan. Biaya                                   recognised at cost. The cost of an acquisition
          perolehan diukur berdasarkan nilai wajar aset                           is measured at the fair value of the assets
          yang diserahkan, instrumen ekuitas yang                                 transferred, equity instruments issued or
          diterbitkan atau liabilitas yang timbul atau                            liabilities incurred or assumed as at the date
          diambil alih pada tanggal akuisisi, ditambah                            of exchange, plus costs directly attributable to
          biaya yang berhubungan langsung dengan                                  the acquisition. The difference between the
          akuisisi. Selisih antara biaya perolehan                                acquisition cost and the carrying amount of
          tersebut dan nilai tercatat investasi yang                              the disposed investment in subsidiary is
          dilepas disajikan dalam pos tambahan modal                              presented as additional paid-in capital in
          disetor sesuai dengan PSAK 228 “Investasi                               accordance with SFAS 228 “Investments in
          Pada Entitas Asosiasi dan Ventura Bersama”.                             Associates and Joint Ventures”.

          Goodwill pada akuisisi entitas asosiasi                                 Goodwill on acquisition of an associate
          merupakan selisih lebih antara biaya                                    represents the excess of the cost of
          perolehan investasi pada entitas asosiasi                               acquisition of the associate over the
          dengan bagian Perseroan atas nilai wajar                                Company’s share of the fair value of the
          neto aset teridentifikasi dari entitas asosiasi                         identifiable net assets of the associate and is
          dan dimasukkan dalam jumlah tercatat                                    included in the carrying amount of the
          investasi.                                                              investment.

          Dalam menerapkan metode ekuitas, bagian                                 In applying the equity method of accounting,
          Perseroan atas laba rugi entitas asosiasi                               the Company’s share of its associate’s post-
          setelah perolehan diakui dalam laporan laba                             acquisition profit or loss is recognised in
          rugi dan penghasilan komprehensif lainnya,                              statements of profit or loss and other
          dan bagian Perseroan atas penghasilan                                   comprehensive income and its share of post-
          komprehensif lain setelah tanggal perolehan                             acquisition other comprehensive income is
          diakui dalam penghasilan komprehensif lain.                             recognised in other comprehensive income.

          Perubahan dan penerimaan distribusi dari                                These post-acquisition movements and
          entitas asosiasi setelah tanggal perolehan                              distributions received from an associate are
          disesuaikan terhadap nilai tercatat investasi.                          adjusted against the carrying amounts of the
                                                                                  investment.




                                                           Halaman - 5/9 - Page
Page 493
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                     31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                      (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI        KEBIJAKAN                   AKUNTANSI             2.   MATERIAL       ACCOUNTING                        POLICY
     MATERIAL (lanjutan)                                                     INFORMATION (continued)

     c.   Prinsip - prinsip metode ekuitas (lanjutan)                        c. Principles of equity method (continued)

          Entitas Asosiasi (lanjutan)                                              Associates (continued)

          Jika bagian Perseroan atas rugi entitas                                  When the Company’s share of the losses of
          asosiasi sama dengan atau melebihi                                       an associate equals or exceeds its interest in
          kepentingannya pada entitas asosiasi,                                    the associate, including any other unsecured
          termasuk piutang tidak lancar tanpa jaminan,                             non-current receivables, the Company does
          maka Perseroan menghentikan pengakuan                                    not recognise further losses, unless it has
          bagiannya atas rugi lebih lanjut, kecuali                                obligations to make or has made payments on
          Perseroan    memiliki     kewajiban    untuk                             behalf of the associate.
          melakukan     pembayaran        atau   telah
          melakukan pembayaran atas nama entitas
          asosiasi.

          Keuntungan yang belum direalisasi atas                                   Unrealised gains on transactions between the
          transaksi antara Perseroan dengan entitas                                Company and its associate are eliminated to the
          asosiasi    dieliminasi    sebesar   bagian                              extent of the Company’s interest in the
          Perseroan dalam entitas asosiasi tersebut.                               associate. Unrealised losses are also eliminated
          Kerugian yang belum direalisasi juga                                     unless the transaction provides evidence of
          dieliminasi   kecuali    transaksi tersebut                              impairment of the asset being transferred. The
          memberikan bukti penurunan nilai atas aset                               accounting policies of the associate have been
          yang ditransfer. Kebijakan akuntansi entitas                             changed where necessary to ensure consistency
          asosiasi    akan      disesuaikan,   apabila                             with the accounting policies adopted by the
          diperlukan, agar konsisten dengan kebijakan                              Company.
          akuntansi Perseroan.

          Dividen yang akan diterima dari entitas                                  Dividend receivables from an associate are
          asosiasi diakui sebagai pengurang jumlah                                 recognised as reductions in the carrying
          tercatat investasi.                                                      amounts of the investment.

          Pada setiap tanggal pelaporan, Perseroan                                 The Company determines at each reporting date
          menentukan apakah terdapat bukti objektif                                whether there is any objective evidence that the
          bahwa telah terjadi penurunan nilai atas                                 investment in an associate is impaired. If any
          investasi pada entitas asosiasi. Jika bukti                              such evidence exists, the Company calculates
          tersebut ada, maka Perseroan menghitung                                  the amount of impairment as the difference
          besarnya penurunan nilai sebagai selisih                                 between the recoverable amount of the
          antara jumlah yang terpulihkan dan nilai                                 associate and its carrying value and recognises
          tercatat atas investasi pada entitas asosiasi                            the amount in profit or loss.
          dan mengakui selisih tersebut pada laba rugi.

          Selanjutnya, investasi pada entitas asosiasi                             Subsequently, the investment in associate is
          dinyatakan sebesar biaya perolehannya dan                                recognised at its carrying value and adjusted for
          ditambah atau dikurangi dengan bagian                                    increased or decreased by the Company’s share
          Perseroan atas laba/(rugi) bersih dan                                    in the net income/(losses) and accumulated
          akumulasi penghasilan/(rugi) komprehensif                                other comprehensive income/(losses) of the
          lainnya perusahaan asosiasi sesuai dengan                                associate Company in accordance with its
          jumlah persentase kepemilikan dan dikurangi                              percentage of ownership from the date of
          dividen   yang    diterima  sejak    tanggal                             acquisition, less cash dividend received (if any)
          perolehan (jika ada) sesuai dengan PSAK                                  in accordance with PSAK 228 “Investments in
          228 “Investasi Pada Entitas Asosiasi dan                                 Associates and Joint Ventures”
          Ventura Bersama”.




                                                           Halaman - 5/10 - Page
Page 494
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                       31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                       (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                              2.   MATERIAL       ACCOUNTING                        POLICY
     (lanjutan)                                                               INFORMATION (continued)

     d.   Instrumen keuangan                                                  d.   Financial instruments

          Perseroan        mengklasifikasikan instrumen                            The Company classify its financial instruments
          keuangan dalam bentuk aset keuangan dan                                  into financial assets and financial liabilities.
          liabilitas keuangan.

          Aset keuangan                                                            Financial assets

          Aset keuangan diukur pada biaya perolehan                                Financial assets are measured at amortised
          diamortisasi jika memenuhi kondisi sebagai                               cost if they meet the following conditions:
          berikut:
          -    Aset keuangan dikelola dalam model bisnis                           -    Financial assets are managed in a business
               yang bertujuan untuk mendapatkan arus kas                                model in order to obtain contractual cash
               kontraktual; dan                                                         flow; and
          -    Persyaratan kontraktual dari aset keuangan                          -    The contractual terms of the financial
               tersebut memberikan hak pada tanggal                                     assets provide rights on a certain date for
               tertentu atas arus kas yang diperoleh semata                             cash flow obtained solely from payment of
               dari pembayaran pokok dan bunga (“SPPI”)                                 principal and interest (“SPPI”) on the
               dari jumlah pokok terutang.                                              principal amount owed.

          Aset keuangan diukur pada nilai wajar melalui                            Financial assets are measured at fair value
          penghasilan komprehensif lain jika memenuhi                              through other comprehensive income if they
          kondisi sebagai berikut:                                                 meet the following conditions:
          -   Aset keuangan dikelola dalam model bisnis                            -   Financial assets are managed in a business
              yang bertujuan untuk mendapatkan arus kas                                model that aims to obtain contractual cash
              kontraktual dan menjual aset keuangan; dan                               flow and sell financial assets; and
          -   Persyaratan kontraktual dari aset keuangan                           -   The contractual requirements of the
              tersebut memenuhi kriteria SPPI.                                         financial assets meet the SPPI criteria.

          Pada saat pengakuan awal, Perseroan dapat                                At initial recognition, the Company may make an
          membuat pilihan yang tidak dapat dibatalkan                              irrevocable choice to present equity instruments
          untuk menyajikan instrumen ekuitas yang bukan                            that are not held for trading at fair value through
          dimiliki untuk diperdagangkan pada nilai wajar                           other comprehensive income.
          melalui penghasilan komprehensif lain.

          Aset keuangan lainnya yang tidak memenuhi                                Other financial assets that do not meet the
          persyaratan untuk diklasifikasikan sebagai aset                          requirements to be classified as financial assets
          keuangan diukur pada biaya perolehan                                     measured at amortised cost or fair value
          diamortisasi atau nilai wajar melalui penghasilan                        through other comprehensive income, are
          komprehensif lain, diklasifikasikan sebagai diukur                       classified as measured at fair value through
          pada nilai wajar melalui laba rugi.                                      profit or loss.

          Saat pengakuan awal, Perseroan dapat                                     At initial recognition, the Company can make an
          membuat penetapan yang tidak dapat dibatalkan                            irrevocable determination to measure assets
          untuk mengukur aset yang memenuhi                                        that meet the requirements to be measured at
          persyaratan untuk diukur pada biaya perolehan                            amortised cost or fair value through other
          diamortisasi atau nilai wajar melalui penghasilan                        comprehensive income at fair value through
          komprehensif lain pada nilai wajar melalui laba                          profit or loss, if the determination eliminates or
          rugi, apabila penetapan tersebut mengeliminasi                           significantly reduces the measurement or
          atau secara signifikan mengurangi inkonsistensi                          recognition inconsistencies (sometimes referred
          pengukuran atau pengakuan (terkadang disebut                             to as "accounting mismatch").
          sebagai “accounting mismatch”).




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Page 495
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                     31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                       (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                              2.   MATERIAL       ACCOUNTING                        POLICY
     (lanjutan)                                                               INFORMATION (continued)

     d.   Instrumen keuangan (lanjutan)                                       d.   Financial instruments (continued)

          Aset keuangan (lanjutan)                                                 Financial assets (continued)

          Tingkat suku bunga efektif adalah suku bunga                             The effective interest rate is the interest rate that
          yang secara tepat mendiskontokan estimasi arus                           exactly discounts the estimated future cash
          kas di masa datang selama perkiraan umur dari                            flows through the expected life of the financial
          aset keuangan atau liabilitas keuangan (atau jika                        assets or financial liability (or, where appropriate
          lebih tepat, digunakan periode lebih singkat)                            use the shorter period) to the net carrying
          untuk memperoleh nilai tercatat bersih pada saat                         amount at initial recognition. When calculating
          pengakuan awal. Pada saat menghitung tingkat                             the effective interest rate, the Company
          suku bunga efektif, Perseroan mengestimasi arus                          estimate future cash flows considering all
          kas di masa datang dengan mempertimbangkan                               contractual terms of the financial instrument, but
          seluruh persyaratan kontraktual dalam instrumen                          does not consider any future credit losses.
          keuangan        tersebut,       namun       tidak
          mempertimbangkan kerugian kredit di masa
          mendatang.

          Pendapatan bunga dari aset keuangan yang                                 Interest income from financial assets measured
          diukur pada biaya perolehan diamortisasi dicatat                         at amortised cost is recorded in the statements
          dalam laporan laba rugi dan penghasilan                                  of profit or loss and other comprehensive
          komprehensif lainnya dan diakui sebagai                                  income and is recognised as “Interest income”.
          “Pendapatan bunga”.

          Ketika penurunan nilai terjadi, kerugian                                 When an impairment occurs, an impairment
          penurunan nilai diakui sebagai pengurang dari                            loss is recognised as a deduction from the
          nilai tercatat aset keuangan dan diakui di dalam                         carrying value of financial assets and is
          laporan laporan laba rugi dan penghasilan                                recognised in the statements of profit or loss
          komprehensif lainnya sebagai “Penyisihan                                 and other comprehensive income as “Allowance
          kerugian penurunan nilai”.                                               for impairment losses”.

          (i) Pengakuan                                                            (i) Recognition

               Perseroan menggunakan akuntansi tanggal                                 The Company use trade date accounting
               perdagangan untuk mencatat seluruh                                      for regular way contracts when recording
               transaksi aset keuangan yang lazim                                      financial assets transactions. Financial
               (reguler). Aset keuangan yang dialihkan                                 assets that are transferred to a third party
               kepada pihak ketiga tetapi tidak memenuhi                               but do not qualify for derecognition are
               syarat penghentian pengakuan disajikan di                               presented in the statements of financial
               dalam laporan posisi keuangan sebagai                                   position as “Pledged assets”, if the
               “Aset yang dijaminkan”, jika pihak penerima                             transferee has the right to sell or repledge
               memiliki hak untuk menjual atau dijaminkan                              them.
               kembali.

          (ii) Penilaian pembayaran pokok dan bunga                                (ii) Solely payments of principal and interest
               semata (“SPPI”)                                                          (“SPPI”) assessment

               Untuk tujuan        penilaian    ini, 'pokok'                           For the purposes of this assessment,
               didefinisikan sebagai nilai wajar dari aset                             ‘principal’ is defined as the fair value of the
               keuangan pada pengakuan awal. 'Bunga'                                   financial asset on initial recognition.
               didefinisikan sebagai imbalan untuk nilai                               ‘Interest’ is defined as consideration for the
               waktu atas uang dan untuk risiko kredit yang                            time value of money and for the credit risk
               terkait dengan jumlah pokok yang terutang                               associated with the principal amount
               selama periode waktu tertentu dan untuk                                 outstanding during a particular period of
               risiko dan biaya pinjaman dasar lainnya                                 time and for other basic lending risks and
               (misalnya risiko likuiditas dan biaya                                   costs (e.g., liquidity risk and administrative
               administrasi), serta marjin keuntungan.                                 costs), as well as profit margin.




                                                           Halaman - 5/12 - Page
Page 496
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                     31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                       (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                              2.   MATERIAL       ACCOUNTING                        POLICY
     (lanjutan)                                                               INFORMATION (continued)

     d.   Instrumen keuangan (lanjutan)                                       d.   Financial instruments (continued)

          Aset keuangan (lanjutan)                                                 Financial assets (continued)

          (ii) Penilaian pembayaran pokok dan bunga                                (ii) Solely payments of principal and interest
               semata (“SPPI”) (lanjutan)                                               (“SPPI”) assessment (continued)

               Dalam menilai apakah arus kas kontraktual                               In assessing whether the contractual cash
               adalah           SPPI,            Perseroan                             flows are SPPI, the Company consider the
               mempertimbangkan ketentuan kontraktual                                  contractual terms of the instrument. This
               instrumen tersebut. Hal ini termasuk menilai                            includes assessing whether the financial
               apakah aset keuangan mengandung                                         asset contains a contractual term that could
               ketentuan kontraktual yang dapat mengubah                               change the timing or amount of contractual
               waktu atau jumlah arus kas kontraktual                                  cash flows such that it would not meet this
               sehingga tidak memenuhi kondisi ini. Dalam                              condition. In making the assessment, the
               melakukan        penilaian,       Perseroan                             Company consider:
               mempertimbangkan:

               -   Kejadian     kontinjensi    yang    akan                            - Contingent events that would change the
                   mengubah jumlah dan waktu arus kas;                                   amount and timing of cash flows;
               -   Fitur leverage;                                                     - Leverage features;
               -   Persyaratan pelunasan dipercepat dan                                - Prepayments and extension terms;
                   perpanjangan fasilitas;
               -   Ketentuan yang membatasi klaim                                      - Terms that limit the Company claim to
                   Perseroan atas arus kas dari aset                                     cash flows from specified assets (e.g.,
                   tertentu (seperti pinjaman non-recourse);                             non-recourse loans); and
                   dan
               -   Fitur yang memodifikasi imbalan dari nilai                          - Features that modify consideration of the
                   waktu atas uang (seperti penetapan                                    time value of money (e.g., periodical
                   ulang suku bunga berkala).                                            reset of interest rates).

          (iii) Penilaian model bisnis                                             (iii) Business model assessment

               Model bisnis mengacu pada bagaimana                                     Business model refers to how financial
               aset keuangan dikelola bersama untuk                                    assets are managed together to generate
               menghasilkan arus kas untuk Perseroan.                                  cash flows for the Company. This may be
               Arus kas mungkin dihasilkan dengan                                      collecting contractual cash flows, selling
               menerima arus kas kontraktual, menjual aset                             financial assets or both. Business models
               keuangan atau keduanya. Model bisnis                                    are determined at a level of aggregation
               ditentukan pada tingkat agregasi di mana                                where groups of assets are managed
               kelompok aset dikelola bersama untuk                                    together to achieve a particular objective
               mencapai tujuan tertentu dan tidak                                      and do not depend on management’s
               bergantung pada niat manajemen pada                                     intentions for individual instruments.
               instrumen individual.




                                                           Halaman - 5/13 - Page
Page 497
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                     31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                       (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                              2.   MATERIAL       ACCOUNTING                        POLICY
     (lanjutan)                                                               INFORMATION (continued)

     d.   Instrumen keuangan (lanjutan)                                       d.   Financial instruments (continued)

          Aset keuangan (lanjutan)                                                 Financial assets (continued)

          (iii) Penilaian model bisnis (lanjutan)                                  (iii) Business model assessment (continued)

               Penentuan model bisnis dilakukan dengan                                 Business model determinations are made
               mempertimbangkan semua bukti relevan                                    considering all relevant evidence that is
               yang tersedia pada tanggal penilaian. Ini                               available at the date of the assessment.
               termasuk, tetapi tidak terbatas pada:                                   This includes, but not limited to:

               -   Bagaimana kinerja bisnis dan aset                                  - How the performance of the business
                   keuangan yang ada di dalam unit bisnis                               and the financial assets held within that
                   itu dievaluasi dan dilaporkan kepada                                 business unit are evaluated and reported
                   manajemen. Tingkat pemisahan yang                                    to management. The level of segregation
                   diidentifikasi untuk klasifikasi PSAK 109                            identified for SFAS 109 “Financial
                   “Instrumen Keuangan” harus konsisten                                 Instrument” classification should be
                   dengan bagaimana portofolio aset                                     consistent with how asset portfolios are
                   dipisahkan dan dilaporkan kepada                                     segregated and reported to senior
                   manajemen senior;                                                    management;
               -   Risiko yang mempengaruhi kinerja unit                              - The risks that affect the performance of
                   bisnis dan aset keuangan yang dimiliki                               the business unit and the financial assets
                   dalam unit bisnis itu dan khususnya                                  held within that business unit and in
                   bagaimana risiko itu dikelola; dan                                   particular the way those risks are
                                                                                        managed; and
               -   Bagaimana      manajer      unit  bisnis                           - How managers of the business unit are
                   dikompensasi (berdasarkan pada nilai                                 compensated (based on the fair value of
                   wajar dari aset yang dikelola atau pada                              the assets managed or on the contractual
                   arus kas kontraktual yang dikumpulkan).                              cash flows collected).

               Perseroan dapat mereklasifikasikan seluruh                             The Company can reclassify all of its
               aset keuangan jika dan hanya jika, model                               financial assets when and only, its business
               bisnis untuk pengelolaan aset keuangan                                 model for managing those financial assets
               berubah.                                                               changes.

               Penentuan       model       bisnis  dilakukan                          Business model determinations are made
               berdasarkan skenario yang diperkirakan                                 on the basis of scenarios that the Company
               akan terjadi oleh Perseroan dan tidak dalam                            reasonably expect to occur and not under
               kondisi sangat tertekan atau 'kondisi                                  highly stressed or 'worst case' conditions.
               terburuk'. Jika aset dijual dalam kondisi yang                         Where assets are disposed of under
               tidak diharapkan oleh Perseroan untuk                                  conditions that the Company did not
               berlaku ketika aset diakui, klasifikasi aset                           reasonably expect to prevail when the
               keuangan yang ada dalam portofolio tidak                               assets were recognised, the classification of
               disajikan secara tidak akurat, tetapi kondisi                          existing financial assets in the portfolio are
               tersebut harus dipertimbangkan untuk aset                              not rendered inaccurate, but the conditions
               yang diperoleh di masa mendatang.                                      in question should be considered for any
                                                                                      assets acquired going forward.

               Pemilihan model operasi dalam PSAK 109                                 The targeting operating model for SFAS 109
               dirancang sedemikian rupa sehingga                                     is designed such that accounting for
               akuntansi untuk instrumen yang diukur                                  instruments at fair value through profit or
               berdasarkan nilai wajar melalui laba rugi                              loss is a conscious choice.
               adalah pilihan yang tepat/conscious.




                                                           Halaman - 5/14 - Page
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                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                     31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                       (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                              2.   MATERIAL       ACCOUNTING                        POLICY
     (lanjutan)                                                               INFORMATION (continued)

     d.   Instrumen keuangan (lanjutan)                                       d.   Financial instruments (continued)

          Aset keuangan (lanjutan)                                                 Financial assets (continued)

          (iii) Penilaian model bisnis (lanjutan)                                  (iii) Business model assessment (continued)

               Perubahan pada model bisnis atau                                       Changes to business models or the
               pengenalan model bisnis baru ditentukan                                introduction of new business models are
               melalui proses persetujuan unit bisnis baru.                           determined through the new business unit
                                                                                      approval process.

          (iv) Penurunan nilai dari aset keuangan                                  (iv) Impairment of financial assets

               Perseroan menetapkan penyisihan kerugian                                The Company determines the allowance for
               penurunan nilai untuk piutang pembiayaan                                impairment losses for consumer financing
               konsumen melalui evaluasi secara kolektif.                              receivables through collective evaluation.

               PSAK 109 mengharuskan cadangan                                          SFAS 109 requires a loss allowance to be
               kerugian diakui sebesar kerugian kredit                                 recognised at an amount equal to either
               ekspektasian (“ECL”) 12 bulan atau kerugian                             12-months expected credit losses (“ECL”)
               kredit ekspektasian sepanjang umur aset                                 or lifetime ECL. Lifetime ECL are the ECL
               keuangan (lifetime ECL). Lifetime ECL                                   that result from all possible default events
               adalah kerugian kredit ekspektasian yang                                over the expected life of a financial
               berasal dari semua kemungkinan kejadian                                 instrument, whereas 12-months ECL are
               gagal bayar sepanjang umur ekspektasian                                 the portion of ECL that result from default
               suatu instrumen keuangan, sedangkan ECL                                 events that are possible within the
               12 bulan adalah porsi dari kerugian kredit                              12-months after reporting date.
               ekspektasian      yang      berasal    dari
               kemungkinan kejadian gagal bayar dalam 12
               bulan setelah tanggal pelaporan.

               ECL diakui untuk seluruh instrumen utang                                ECL are recognised for all financial debt
               keuangan, komitmen pinjaman dan jaminan                                 instruments, loan commitments and
               keuangan yang diklasifikasikan sebagai hold                             financial guarantees that are classified as
               to collect/hold to collect and sell dan memiliki                        hold to collect/hold to collect and sell and
               arus kas SPPI.                                                          have cash flows that are SPPI.

               ECL      akan      mencerminkan      rata-rata                          The ECL will reflect weighted average of
               tertimbang dari skenario berdasarkan                                    the scenarios based on the probability of
               probabilitas dari skenario yang relevan untuk                           the relevant scenario to occur. The loss
               terjadi. Cadangan kerugian penurunan nilai                              provisions held represent the difference
               merupakan selisih antara nilai sekarang dari                            between the present value of the cash flows
               arus kas yang diperkirakan akan dipulihkan,                             expected to be recovered, discounted at the
               didiskontokan pada suku bunga efektif awal,                             instrument’s original effective interest rate,
               dan nilai tercatat bruto instrumen sebelum                              and the gross carrying value of the
               penurunan nilai kredit.                                                 instrument prior to any credit impairment.

               Periode diperhitungkan ketika mengukur                                  The period considered when measuring
               ECL adalah periode lebih pendek antara                                  ECL is the shorter of the expected life and
               umur ekspektasian dan periode kontrak aset                              the contractual term of the financial asset.
               keuangan. Umur ekspektasian dapat                                       The expected life may be impacted by
               dipengaruhi oleh pembayaran dimuka dan                                  prepayments and the maximum contractual
               periode kontrak maksimum melalui opsi                                   term by extension options.
               perpanjangan kontrak.




                                                           Halaman - 5/15 - Page
Page 499
                                              PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                     31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                       (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                              2.   MATERIAL       ACCOUNTING                        POLICY
     (lanjutan)                                                               INFORMATION (continued)

     d.   Instrumen keuangan (lanjutan)                                       d.   Financial instruments (continued)

          Aset keuangan (lanjutan)                                                 Financial assets (continued)

          (iv) Penurunan       nilai   dari    aset   keuangan                     (iv) Impairment of financial assets (continued)
               (lanjutan)

               Perseroan menggunakan model yang                                        The Company primarily uses the matrix
               menggunakan matriks Probability of Default                              models of the Probability of Default (“PD”),
               (“PD”), Loss Given Default (“LGD”) dan                                  Loss Given Default (“LGD”) and Exposure
               Exposure at Default (“EAD”), yang                                       at Default (“EAD”), discounted using the
               didiskontokan menggunakan suku bunga                                    effective interest rate.
               efektif.

               a.   Probability of Default (“PD”)                                      a.   Probability of Default (“PD”)

                    Probabilitas yang timbul di suatu waktu                                 The probability at a point in time that a
                    dimana debitur mengalami gagal bayar,                                   counterparty will default, calibrated over
                    dikalibrasikan sampai dengan periode                                    up to 12-months from the reporting
                    12 bulan dari tanggal laporan (Stage 1)                                 date (Stage 1) or over the lifetime of the
                    atau sepanjang umur (Stage 2 dan 3)                                     product (Stage 2 and 3) and
                    dan digabungkan pada dampak asumsi                                      incorporating the impact of forward-
                    ekonomi masa depan yang memiliki                                        looking economic assumptions that
                    risiko kredit. PD diestimasikan pada                                    have an effect on credit risk. PD is
                    point in time dimana hal ini berfluktuasi                               estimated at a point in time that means
                    sejalan dengan siklus ekonomi.                                          it will fluctuate in line with the economic
                                                                                            cycle.

                    Perseroan menggunakan migration                                         The Company uses migration analysis
                    analysis method untuk penilaian                                         method for financial assets impairment
                    penurunan nilai aset keuangan secara                                    which collectively assessed, using at
                    kolektif dengan menggunakan data                                        the 3 (three) years historical data.
                    historis 3 (tiga) tahun.

                    Pada migration analysis method,                                         In    migration     analysis    method,
                    manajemen        menentukan     estimasi                                management determines the estimated
                    periode antara terjadinya peristiwa dan                                 and identification period between a loss
                    teridentifikasinya kerugian untuk setiap                                occurring for each identified portfolio,
                    portofolio yang diidentifikasi, yaitu                                   which is 12-months.
                    12 bulan.

               b.   Loss Given Default (“LGD”)                                         b.   Loss Given Default (“LGD”)

                    Kerugian yang diperkirakan akan timbul                                  The loss that is expected to arise on
                    dari debitur yang mengalami gagal                                       defaulted debtors, incorporating the
                    bayar dengan menggabungkan dampak                                       impact of relevant forward looking
                    dari asumsi ekonomi masa depan yang                                     economic assumptions (if any), which
                    relevan (jika ada) dimana hal ini                                       represents the difference between the
                    mewakili perbedaan antara arus kas                                      contractual cash flows due and those
                    kontraktual yang akan jatuh tempo                                       that the Company expects to receive.
                    dengan arus kas yang diharapkan untuk                                   The Company estimates LGD based
                    diterima. Perseroan mengestimasikan                                     on the historical recovery rates and
                    LGD berdasarkan data historis dari                                      considers the recovery of any collateral
                    tingkat        pemulihan           dan                                  that is integral to the financial assets,
                    memperhitungkan pemulihan yang                                          taking into account forward looking
                    berasal dari jaminan terhadap aset                                      economic assumptions if relevant.
                    keuangan dengan mempertimbangkan
                    asumsi ekonomi di masa depan jika
                    relevan.




                                                           Halaman - 5/16 - Page
Page 500
                                              PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                     31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                       (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                              2.   MATERIAL       ACCOUNTING                        POLICY
     (lanjutan)                                                               INFORMATION (continued)
     d.   Instrumen keuangan (lanjutan)                                       d.   Financial instruments (continued)
          Aset keuangan (lanjutan)                                                 Financial assets (continued)
          (iv) Penurunan       nilai   dari    aset   keuangan                     (iv) Impairment of financial assets (continued)
               (lanjutan)
               c.   Exposure at Default (“EAD”)                                       c.    Exposure at Default (“EAD”)
                    Perkiraan nilai eksposur neraca pada                                   The expected balance sheet exposure
                    saat      gagal     bayar     dengan                                   at the time of default, taking into
                    mempertimbangkan bahwa perubahan                                       account that expected change in
                    ekspektasi yang diharapkan selama                                      exposure over the lifetime of the
                    masa eksposur. Hal ini menggabungkan                                   exposure. This incorporates the impact
                    dampak pembayaran pokok dan bunga,                                     of repayments of principal and interest,
                    amortisasi dan pembayaran dipercepat,                                  amortisation and prepayments, together
                    bersama dengan dampak asumsi                                           with the impact of forward looking
                    ekonomi masa depan jika relevan.                                       economic assumptions where relevant.
               Kerugian kredit ekspektasian (“ECL”)                                   12-months expected              credit     losses
               12 bulan (Stage 1)                                                     (“ECL”) (Stage 1)
               ECL diakui pada saat pengakuan                                         ECL are recognised at the time of initial
               awal      instrumen      keuangan     dan                              recognition of a financial instrument and
               merepresentasikan       kekurangan     kas                             represent the lifetime cash shortfalls arising
               sepanjang umur aset yang timbul dari                                   from possible default events up to twelve
               kemungkinan gagal bayar di masa yang                                   months into the future from the reporting
               akan datang dalam kurun waktu dua belas                                date. ECL continue to be determined on this
               bulan sejak tanggal pelaporan. ECL terus                               basis until there is either a significant
               ditentukan oleh dasar ini sampai timbul                                increase in the credit risk of an instrument or
               peningkatan risiko kredit yang signifikan                              the instrument becomes credit impaired. If
               pada instrumen tersebut atau instrumen                                 an instrument is no longer considered to
               tersebut telah mengalami penurunan nilai                               exhibit a significant increase in credit risk,
               kredit. Jika suatu instrumen tidak lagi                                ECL will revert to being determined on a
               dianggap menunjukkan peningkatan risiko                                12-months basis. Financial assets that
               kredit yang signifikan, maka ECL dihitung                              historically not overdue are considered as
               kembali berdasarkan basis 12 bulan. Aset                               Stage 1.
               keuangan yang tidak pernah mengalami
               tunggakan dikategorikan sebagai Stage 1.
               Peningkatan risiko kredit yang signifikan                              Significant      increase     in    credit    risk
               (Stage 2)                                                              (Stage 2)
               Jika aset keuangan mengalami Peningkatan                               If a financial asset experiences a Significant
               Risiko Kredit yang Signifikan (“SICR”) sejak                           Increase in Credit Risk (“SICR”) since initial
               pengakuan        awal,      kerugian   kredit                          recognition, an expected credit loss
               ekspektasian diakui atas kejadian gagal                                provision is recognised for default events
               bayar yang mungkin terjadi sepanjang umur                              that may occur over the lifetime of the asset.
               aset. Peningkatan signifikan dalam risiko                              Significant increase in credit risk is
               kredit dinilai dengan membandingkan risiko                             assessed by comparing the risk of default of
               gagal bayar atas eksposur pada tanggal                                 an exposure at the reporting date to the risk
               pelaporan dengan risiko gagal bayar saat                               of default at origination (after taking into
               pengakuan awal (setelah memperhitungkan                                account the passage of time). Whether a
               perjalanan waktu dari akun tersebut).                                  change in the risk of default is significant or
               Perubahan atas risiko gagal bayar dinilai                              not is assessed using a number of
               signifikan atau tidak, dinilai menggunakan                             quantitative and qualitative factors, the
               sejumlah faktor kuantitatif dan kualitatif,                            weight of which depends on the type of
               yang bobotnya bergantung pada tipe produk                              product and counterparty. Financial assets
               dan pihak lawan. Aset keuangan yang                                    that are historically overdue and financial
               pernah mengalami tunggakan dan aset                                    assets that are overdue at the end of period
               keuangan yang menunggak antara 1-90 hari                               is between 1-90 days will always be
               sebelum tanggal pelaporan akan selalu                                  considered to have experienced a
               dianggap telah mengalami peningkatan                                   significant increase in credit risk.
               risiko kredit yang signifikan.




                                                           Halaman - 5/17 - Page
Page 501
                                              PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                     31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                       (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                              2.   MATERIAL       ACCOUNTING                        POLICY
     (lanjutan)                                                               INFORMATION (continued)

     d.   Instrumen keuangan (lanjutan)                                       d.   Financial instruments (continued)

          Aset keuangan (lanjutan)                                                 Financial assets (continued)

          (iv) Penurunan       nilai   dari    aset   keuangan                     (iv) Impairment of financial assets (continued)
               (lanjutan)

               Peningkatan risiko kredit yang signifikan                               Significant increase          in   credit    risk
               (Stage 2) (lanjutan)                                                    (Stage 2) (continued)

               Perseroan      menggunakan         berbagai                             The Company uses a number of qualitative
               pengukuran kualitatif dan kuantitatif dalam                             and quantitative measures in assessing
               menilai SICR seperti berikut:                                           SICR as follows:

               1.   Akun-akun yang pernah mengalami                                    1.   Accounts that are historically overdue;
                    tunggakan; dan                                                          and
               2.   Akun-akun      yang    menunggak                                   2.   Accounts overdue at the end of period
                    antara 1-90 hari sebelum tanggal                                        is between 1-90 days.
                    pelaporan.

               Eksposur yang mengalami penurunan                                       Credit impaired or default exposures
               nilai kredit atau gagal bayar (Stage 3)                                 (Stage 3)

               Aset hanya akan dianggap mengalami                                      An asset is only considered credit impaired
               penurunan nilai dan ECL sepanjang                                       and lifetime ECL recognised, if there is
               umurnya diakui, jika terdapat bukti objektif                            observed objective evidence of impairment.
               penurunan nilai yang dapat diobservasi.                                 These factors are similar to the indicators of
               Faktor-faktor yang diobservasi ini serupa                               objective evidence of impairment under
               dengan indikator bukti objektif penurunan                               SFAS        239     “Financial     Instrument:
               nilai pada PSAK 239 “Instrumen Keuangan:                                Recognition and Measurement”, this
               Pengakuan dan Pengukuran”, termasuk                                     includes, amongst other factors, assets in
               antara lain aset gagal bayar atau mengalami                             default or experiencing significant financial
               kesulitan keuangan yang signifikan atau                                 difficulty, or experiencing forbearance on
               mengalami forbearance atas kredit yang                                  impaired credit (mentioned as ‘Stage 3
               mengalami penurunan nilai (disebut sebagai                              asset’). The measurement of ECL across
               ‘aset Stage 3’). Pengukuran ECL di seluruh                              all stages is required to reflect an unbiased
               tahapan       aset      diperlukan     untuk                            and probability weighted amount that is
               mencerminkan jumlah yang tidak bias dan                                 determined by evaluating a range of
               rata-rata probabilitas tertimbang yang                                  reasonably possible outcomes using
               ditentukan        dengan        mengevaluasi                            reasonable and supportable information
               serangkaian kemungkinan yang dapat terjadi                              about past events, current conditions and
               menggunakan informasi yang wajar dan                                    forecasts of future economic conditions.
               dapat didukung dengan peristiwa di masa
               lampau, kondisi saat ini dan proyeksi terkait
               dengan kondisi ekonomis di masa depan.

               Aset keuangan yang mengalami penurunan                                  Financial assets that are credit impaired (or
               nilai (atau gagal bayar) merupakan aset                                 in default) represent those that are at least
               yang setidaknya telah memiliki tunggakan                                90 days past due in respect of principal
               lebih dari 90 hari atas pokok dan/atau bunga.                           and/or interest. Financial assets are also
               Aset keuangan juga dianggap mengalami                                   considered to be credit impaired where the
               penurunan nilai kredit dimana debitur                                   debtors are unlikely to pay on the
               kemungkinan besar tidak akan membayar                                   occurrence of one or more observable
               dengan terjadinya satu atau lebih kejadian                              events that have a detrimental impact on
               yang teramati yang memiliki dampak                                      the estimated future cash flows of the
               menurunkan jumlah estimasi arus kas masa                                financial asset.
               depan dari aset keuangan tersebut.

               Untuk aset yang diukur pada biaya                                       For assets measured at amortised cost, the
               perolehan diamortisasi, saldo di neraca                                 balance sheet amount reflects the gross
               mencerminkan aset bruto dikurangi ECL.                                  asset less the ECL.


                                                           Halaman - 5/18 - Page
Page 502
                                              PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                     31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                       (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                              2.   MATERIAL       ACCOUNTING                        POLICY
     (lanjutan)                                                               INFORMATION (continued)

     d.   Instrumen keuangan (lanjutan)                                       d.   Financial instruments (continued)

          Aset keuangan (lanjutan)                                                 Financial assets (continued)

          (iv) Penurunan       nilai   dari    aset   keuangan                     (iv) Impairment of financial assets (continued)
               (lanjutan)
               Eksposur yang mengalami penurunan                                       Credit impaired or default exposures
               nilai kredit atau gagal bayar (Stage 3)                                 (Stage 3) (continued)
               (lanjutan)

               Ketika pembiayaan konsumen tidak tertagih,                              When a consumer financing is uncollectible,
               kredit tersebut dihapus buku dengan                                     it is written-off against the related allowance
               menjurnal    balik    penyisihan   kerugian                             for loan impairment. Such loans are written-
               penurunan nilai. Kredit tersebut dapat                                  off after all the necessary procedures have
               dihapus buku setelah semua prosedur yang                                been completed and the amount of the loss
               diperlukan telah dilakukan dan jumlah                                   has been determined. Impairment charges
               kerugian telah ditentukan. Beban penurunan                              relating to financial assets category as
               nilai yang terkait dengan aset keuangan                                 amortised cost are classified in “Allowance
               dengan      kategori     biaya    perolehan                             for impairment losses”.
               diamortisasi diklasifikasikan ke dalam
               “Penyisihan kerugian penurunan nilai”.

               Jika pada tahun berikutnya, jumlah kerugian                             If in a subsequent year, the amount of the
               penurunan nilai berkurang dan pengurangan                               impairment loss decreases and the
               tersebut dapat dikaitkan secara obyektif                                decrease can be related objectively to an
               pada peristiwa yang terjadi setelah                                     event occurring after the impairment was
               penurunan nilai diakui (seperti meningkatnya                            recognised (such as an improvement in the
               peringkat kredit debitur), maka kerugian                                debtor’s credit rating), the previously
               penurunan nilai yang sebelumnya diakui                                  recognised impairment loss is reversed by
               harus dipulihkan, dengan menyesuaikan                                   adjusting the allowance account. The
               akun penyisihan. Jumlah pembalikan aset                                 amount of the reversal is recognised in the
               keuangan diakui pada laporan laba rugi dan                              statements of profit or loss and other
               penghasilan komprehensif lainnya.                                       comprehensive income.

               Penerimaan kemudian atas pembiayaan                                     Subsequent recoveries of consumer
               konsumen yang telah dihapusbukukan                                      financing written-off are credited to the
               dikreditkan dengan menyesuaikan akun                                    allowance for impairment losses account.
               penyisihan kerugian penurunan nilai.

          Liabilitas keuangan                                                      Financial liabilities
          Perseroan        mengklasifikasikan     liabilitas                       The Company classifies its financial liabilities in
          keuangannya dalam kategori: (a) liabilitas                               categories: (a) financial liabilities measured at
          keuangan yang diukur dengan biaya perolehan                              amortised cost and; (b) financial liabilities at fair
          diamortisasi dan; (b) liabilitas keuangan yang                           value through profit or loss. The Company have
          diukur pada nilai wajar melalui laba rugi.                               hedging instruments in cash flow hedges (refer
          Perseroan memiliki instrumen lindung nilai atas                          to Note 2r).
          arus kas (lihat Catatan 2r).

          Liabilitas keuangan yang diukur dengan biaya                             Financial liabilities measured at amortised cost
          perolehan diamortisasi
          Pada saat pengakuan awal, liabilitas keuangan                            Financial liabilities measured at amortised cost
          yang diukur dengan biaya perolehan yang                                  are initially recognised at fair value plus
          diamortisasi diukur pada nilai wajar ditambah                            transaction cost (if any) that are directly
          biaya transaksi (jika ada) yang dapat                                    attributable to the financial liabilities and
          diatribusikan secara langsung dengan liabilitas                          subsequently measured at amortised cost using
          keuangan tersebut dan selanjutnya diukur pada                            effective interest rate. Effective interest rate
          biaya      perolehan    diamortisasi   dengan                            amortization is recognised in the statements of
          menggunakan metode suku bunga efektif.                                   profit or loss and other comprehensive income
          Amortisasi suku bunga efektif diakui di dalam                            as “Interest and financing charges”.
          laporan laba rugi dan penghasilan komprehensif
          lainnya sebagai “Beban bunga dan keuangan”.


                                                           Halaman - 5/19 - Page
Page 503
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI       KEBIJAKAN                    AKUNTANSI             2.   MATERIAL       ACCOUNTING                            POLICY
     MATERIAL (lanjutan)                                                     INFORMATION (continued)
     d.   Instrumen keuangan (lanjutan)                                      d.      Financial instruments (continued)
          Liabilitas keuangan (lanjutan)                                             Financial liabilities (continued)
          Liabilitas keuangan yang diukur pada nilai wajar                           Financial liabilities measured at fair value
          melalui laba rugi                                                          through profit or loss
          Liabilitas keuangan diklasifikasikan sebagai nilai                         A financial liability is classified as fair value
          wajar melalui laba rugi, jika diperoleh atau dimiliki                      through profit or loss, if it is acquired or incurred
          terutama untuk tujuan dijual atau dibeli kembali                           principally for the purpose of selling or
          dalam waktu dekat atau jika merupakan bagian                               repurchasing it in the near term or if it is part of a
          dari portofolio instrumen keuangan tertentu yang                           portfolio of identified financial instruments that
          dikelola bersama dan untuk yang terdapat bukti                             are managed together and for which there is
          adanya pola aksi ambil untung jangka pendek                                evidence of a recent actual pattern of short-term
          yang terjadi.                                                              profit-taking.
          Keuntungan dan kerugian yang timbul dari                                   Gains and losses arising from changes in fair
          perubahan nilai wajar liabilitas keuangan yang                             value of financial liabilities classified as fair value
          diklasifikasikan sebagai nilai wajar melalui laba                          through profit or loss are included in the
          rugi dimasukkan dalam laporan laba rugi dan                                statements of profit or loss and other
          penghasilan      komprehensif       lain sebagai                           comprehensive income as gain/loss from fair
          keuntungan/kerugian dari nilai wajar melalui laba                          value through profit or loss. Interest expense
          rugi. Beban bunga dari liabilitas keuangan dicatat                         from financial liability are recorded as “Other
          sebagai ”Penghasilan/(beban) lain-lain”.                                   income/(expense)”.
          Penentuan nilai wajar                                                      Determination of fair value
          Nilai wajar adalah harga yang akan diterima                                Fair value is the price that would be received to
          untuk menjual suatu aset atau harga yang akan                              sell an asset or paid to transfer a liability in an
          dibayar untuk mengalihkan suatu liabilitas dalam                           orderly transaction between market participants
          transaksi teratur (orderly transaction) antara                             at the measurement date in the principal market
          pelaku pasar (market participants) pada tanggal                            or, in its absence, the most advantageous
          pengukuran di pasar utama atau, jika tidak                                 market to which the Company have access at
          terdapat pasar utama, di pasar yang paling                                 that date. The fair value of a liability reflects its
          menguntungkan dimana Perseroan memiliki                                    non-performance risk.
          akses pada tanggal tersebut. Nilai wajar liabilitas
          mencerminkan risiko wanprestasinya.
          Jika tersedia, Perseroan mengukur nilai wajar                              When available, the Company measure the fair
          instrumen keuangan dengan menggunakan                                      value of a financial instrument using the quoted
          harga kuotasian di pasar aktif untuk instrumen                             price in an active market for that instrument.
          tersebut.
          Nilai wajar untuk instrumen keuangan yang                                  The fair value of financial instruments traded in
          diperdagangkan di pasar aktif ditentukan                                   active markets is determined based on quoted
          berdasarkan nilai pasar yang berlaku pada                                  market prices at the statements of financial
          tanggal laporan posisi keuangan menggunakan                                position date from credible sources such quoted
          harga yang dipublikasikan secara rutin dan                                 market prices or broker’s quoted price from
          berasal dari sumber yang terpercaya, seperti                               Bloomberg and Reuters - third party.
          quoted market price atau broker’s quoted price
          dari Bloomberg dan Reuters - pihak ketiga.
          Instrumen keuangan dianggap memiliki kuotasi                              A financial instrument is regarded as quoted in
          di pasar aktif, jika harga kuotasi tersedia                               an active market if quoted prices are readily and
          sewaktu-waktu dan dapat diperoleh secara rutin                            regularly available from an exchange, dealer,
          dari bursa, pedagang efek (dealer), perantara                             broker, industry group, pricing service or
          efek (broker), kelompok industri, badan                                   regulatory agency, and those prices represent
          pengawas (pricing service or regulatory agency),                          actual    and     regularly occurring      market
          dan harga tersebut mencerminkan transaksi                                 transactions on an arm’s length basis. If the
          pasar yang aktual dan rutin dalam suatu                                   above criterias are not met, the market is
          transaksi yang wajar. Jika kriteria di atas tidak                         regarded as being inactive. Indications that a
          terpenuhi, maka pasar aktif dinyatakan tidak                              market is inactive are when there is a wide bid-
          tersedia. Indikasi-indikasi dari pasar tidak aktif                        offer spread or significant increase in the bid-
          adalah terdapat selisih yang besar antara harga                           offer spread or there are few recent transactions.
          penawaran dan permintaan atau kenaikan
          signifikan dalam selisih harga penawaran dan
          permintaan dan hanya terdapat beberapa
          transaksi terkini.

                                                           Halaman - 5/20 - Page
Page 504
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI       KEBIJAKAN                    AKUNTANSI             2.   MATERIAL       ACCOUNTING                            POLICY
     MATERIAL (lanjutan)                                                     INFORMATION (continued)

     d.   Instrumen keuangan (lanjutan)                                      d.      Financial instruments (continued)

          Penentuan nilai wajar (lanjutan)                                          Determination of fair value (continued)

          Untuk instrumen keuangan yang tidak                                       For financial instruments with no quoted market
          mempunyai harga pasar, estimasi atas nilai                                price, a reasonable estimate of the fair value is
          wajar efek-efek ditetapkan dengan mengacu                                 determined by reference to the current market
          pada nilai wajar instrumen lain yang                                      value of another instrument which substantially
          substansinya sama atau dihitung berdasarkan                               have the same characteristic or calculated based
          arus kas yang didiskonto dengan tingkat suku                              on the expected cash flows discounted by the
          bunga pasar yang relevan.                                                 relevant market rates.

          Bukti terbaik dari nilai wajar pada saat                                  The best evidence of fair value at initial
          pengakuan awal adalah harga transaksinya                                  recognition is the transaction price (that is, the
          (yaitu, nilai wajar pembayaran yang diserahkan                            fair value of the consideration given or received),
          atau diterima), kecuali nilai wajar dari instrumen                        unless the fair value of that instrument is
          tersebut dapat dibuktikan dengan perbandingan                             evidenced by comparison with other observable
          transaksi untuk instrumen yang sama di pasar                              current market transactions in the same
          terkini yang dapat diobservasi (yaitu yang tanpa                          instrument (that is, without modification or re-
          modifikasi atau re-packaging) atau berdasarkan                            packaging) or based on a valuation technique
          teknik penilaian dimana variabelnya hanya data                            whose variables include only data from
          dari pasar yang dapat diobservasi.                                        observable markets.

          Untuk instrumen keuangan yang diukur                                      For financial instruments that measured at fair
          menggunakan         nilai   wajar,     Perseroan                          value, the Company use the fair value hierarchy
          menggunakan hierarki nilai wajar yang                                     which reflect the significance of input used in the
          mencerminkan signifikansi input yang digunakan                            measurement (level 1, 2 and 3) as explained in
          dalam melakukan pengukuran (tingkat 1, 2, dan                             Note 30 (v).
          3) seperti dijelaskan pada Catatan 30 (v).

          Penghentian pengakuan                                                     Derecognition

          Penghentian      pengakuan       aset    keuangan                         Financial assets are derecognised when the
          dilakukan ketika hak kontraktual atas arus kas                ▪           contractual rights to receive the cash flows from
          yang berasal dari aset keuangan tersebut                                  these assets have ceased to exist or the assets
          berakhir, atau ketika aset keuangan tersebut                              have been transferred and substantially all the
          telah ditransfer dan secara substansial seluruh                           risks and rewards of ownership of the assets are
          risiko dan manfaat atas kepemilikan aset                                  also transferred (if substantially all risks and
          tersebut telah ditransfer (jika secara substansial                        rewards have not been transferred, the
          seluruh risiko dan manfaat tidak ditransfer, maka                         Company test control to ensure that continuing
          Perseroan       melakukan       evaluasi     untuk                        involvement on the basis of any retained powers
          memastikan keterlibatan berkelanjutan atas                                of control does not prevent derecognition).
          kendali yang masih dimiliki tidak mencegah                                Financial liabilities are derecognised when they
          penghentian pengakuan). Liabilitas keuangan                               have been redeemed or otherwise extinguished.
          dihentikan pengakuannya ketika liabilitas telah
          dilepaskan atau dibatalkan atau kedaluwarsa.

          Penghentian pengakuan piutang pembiayaan                                  Consumer        financing    receivables    are
          konsumen yang mengalami penurunan nilai,                      ▪           derecognised when the receivables have been
          akan dilakukan ketika piutang tersebut telah                              written-off or when they are overdue more than
          dihapusbukukan atau menunggak lebih dari 150                              150 days or determined to be not collectible.
          hari atau pada saat piutang tersebut diputuskan                           When collateral assets have been repossessed,
          tidak dapat tertagih. Ketika jaminan kendaraan                            consumer financing receivables are classified
          ditarik,    piutang   pembiayaan     konsumen                             into consumer financing receivables with special
          diklasifikasikan ke dalam piutang pembiayaan                              mention.
          dalam perhatian khusus.




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Page 505
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                       31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                         (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI       KEBIJAKAN                    AKUNTANSI             2.   MATERIAL       ACCOUNTING                           POLICY
     MATERIAL (lanjutan)                                                     INFORMATION (continued)

     d.   Instrumen keuangan (lanjutan)                                      d.    Financial instruments (continued)

          Saling hapus                                                  ▪          Offsetting

          Aset keuangan dan liabilitas keuangan                                    Financial assets and liabilities are offset and the
          disalinghapuskan dan jumlah netonya dilaporkan                           net amount is reported in the statements of
          pada laporan posisi keuangan ketika terdapat                             financial position when there is a legally
          hak yang berkekuatan hukum untuk melakukan                               enforceable right to offset the recognised
          saling hapus atas jumlah yang telah diakui                               amounts and there is an intention to settle on a
          tersebut dan adanya niat untuk menyelesaikan                             net basis, or realise the asset and settle the
          secara neto, atau untuk merealisasikan aset dan                          liability simultaneously.
          menyelesaikan liabilitas secara bersamaan.

          Hak saling hapus tidak kontinjen atas peristiwa di                       The legally enforceable right must not be
          masa depan dan dapat dipaksakan secara                                   contingent on future events and must be
          hukum dalam situasi bisnis yang normal dan                               enforceable in the normal course of business
          dalam peristiwa gagal bayar, atau peristiwa                              and in the event of default, insolvency or
          kepailitan atau kebangkrutan Perseroan atau                              bankruptcy of the Company or counterparty.
          pihak lawan.

          Reklasifikasi aset keuangan                                   ▪          Reclassification of financial assets

          Perseroan diperkenankan untuk melakukan                                  The Company is permitted to reclassify its
          reklasifikasi atas aset keuangan yang dimiliki jika                      financial assets if the Company change its
          Perseroan mengubah model bisnis untuk                                    business model for managing financial assets
          pengelolaan       aset    keuangan   sedangkan                           while reclassification for financial liabilities is not
          reklasifikasi untuk liabilitas keuangan tidak                            permitted.
          diperkenankan.

          Perseroan dapat mereklasifikasi seluruh aset                       s     The Company can reclassify all of its financial
          keuangan yang terpengaruh jika dan hanya jika,                     e     assets when and only, its business model for
          model bisnis untuk pengelolaan aset keuangan                       l     managing those financial assets changes.
          berubah.                                                           u

          Yang bukan merupakan perubahan model bisnis                              The followings are not a change in business
          adalah:                                                                  model:

          -    perubahan intensi berkaitan dengan aset                             -   changes in intention relating to certain
               keuangan tertentu (bahkan dalam situasi                                 financial assets (even in situations significant
               perubahan signifikan dalam kondisi pasar);                              changes in market conditions);
          -    hilangnya sementara pasar tertentu untuk                            -   temporary loss of certain markets for financial
               aset keuangan; dan                                                      assets; and
          -    pengalihan aset keuangan antara bagian                              -   transfer of financial assets between parts of
               dari Perseroan dengan model bisnis                                      the Company with different business models.
               berbeda.

          Perseroan menerapkan reklasifikasi secara                                The     Company        applies     a    prospective
          prospektif dari tanggal reklasifikasi. Perseroan                         reclassification of the date of the reclassification.
          tidak menyajikan kembali keuntungan, kerugian                            The Company does not restate profits, losses
          (termasuk keuntungan atau kerugian penurunan                             (including impairment of profit or loss), or interest
          nilai), atau bunga yang diakui sebelumnya.                               recognised earlier.




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                                                    PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                                         NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                                      31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                        (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI       KEBIJAKAN                           AKUNTANSI                  2.     MATERIAL       ACCOUNTING                                 POLICY
     MATERIAL (lanjutan)                                                                   INFORMATION (continued)

     d.   Instrumen keuangan (lanjutan)                                                    d.     Financial instruments (continued)

          Klasifikasi instrumen keuangan                                            ▪             Classification on financial instruments
                                                                                    ▪
          Perseroan      mengklasifikasikan    instrumen                            ▪             The Company classify the financial instruments
          keuangan ke dalam klasifikasi tertentu yang                                             into classes that reflects the nature of information
          mencerminkan sifat dari informasi dan                                                   and take into account the characteristic of those
          mempertimbangkan karakteristik dari instrumen                                           financial instruments. The classification can be
          keuangan tersebut. Klasifikasi ini dapat dilihat                                        seen in the table below:
          pada tabel berikut:

                   Kategori yang didefinisikan oleh PSAK 109/
                                                                                         Golongan/Classes                  Sub-golongan/Sub-classes
                       Category as defined by SFAS 109
           Aset keuangan/Financial assets

                                                                               Kas dan setara kas/Cash and cash
                                                                                                                      Kas di bank/Cash in banks
                                                                               equivalents

                                                                               Piutang pembiayaan konsumen/Consumer financing receivables

           Aset keuangan yang diukur pada biaya perolehan                                                             Klaim     asuransi,   penyelesaian
           diamortisasi/Financial assets measured at amortised cost                                                   pembayaran      konsumen   melalui
                                                                                                                      payment channel dan pinjaman
                                                                               Piutang lain-lain/Other receivables    karyawan/Insurance         claims,
                                                                                                                      settlement of debtors’ payment
                                                                                                                      through payment channel and
                                                                                                                      employee loans.

                                                                               Lindung     nilai  atas    arus        Aset derivatif - lindung nilai atas arus
            Aset keuangan yang diukur pada nilai wajar melalui laba rugi/
                                                                               kas/Hedging instruments in cash        kas/Derivative assets - Hedging
            Financial assets measured at fair value through profit or loss
                                                                               flow hedges                            instruments in cash flow hedges

            Liabilitas keuangan/Financial liabilities

                                                                               Utang penyalur kendaraan/Dealer payables

                                                                               Utang lain-lain/Other payables

            Liabilitas keuangan yang diukur dengan biaya perolehan             Utang premi asuransi/Insurance premium payables
            diamortisasi/Financial liabilities at amortised cost               Akrual/Accruals

                                                                               Pinjaman/Borrowings

                                                                               Surat berharga yang diterbitkan/Securities issued

                                                                                                                       Liabilitas derivatif - lindung nilai atas
            Liabilitas keuangan yang diukur pada nilai wajar melalui laba      Lindung     nilai  atas    arus
                                                                                                                       arus kas/Derivative liabilities -
            rugi/Financial liabilities measured at fair value through profit   kas/Hedging instruments in cash
                                                                                                                       Hedging instruments in cash flow
            or loss                                                            flow hedges
                                                                                                                       hedges


     e.   Kas dan setara kas                                                               e.     Cash and cash equivalents

          Kas dan setara kas mencakup kas dan kas di                                              Cash and cash equivalents include cash on
          bank yang tidak dibatasi penggunaannya dan                                              hand and cash in banks which are not restricted
          tidak digunakan sebagai jaminan atas pinjaman.                                          and pledged as collateral for any borrowing.

     f.   Piutang pembiayaan konsumen                                                      f.     Consumer financing receivables

          Piutang pembiayaan konsumen merupakan                                                   Consumer financing receivables are stated at
          jumlah piutang bersih setelah dikurangi dengan                                          their outstanding balance less the portion of joint
          bagian pembiayaan bersama dimana risiko                                                 financing where the credit risk is assumed by
          kredit ditanggung pemberi pembiayaan bersama                                            joint financing providers in accordance with the
          sesuai dengan porsinya (without recourse),                                              financing portion (without recourse), unearned
          penghasilan pembiayaan konsumen yang belum                                              consumer financing income and the allowance
          diakui dan penyisihan kerugian penurunan nilai.                                         for impairment losses.




                                                                  Halaman - 5/23 - Page
Page 507
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                             2.   MATERIAL        ACCOUNTING                           POLICY
     (lanjutan)                                                              INFORMATION (continued)

     f.   Piutang pembiayaan konsumen (lanjutan)                             f.     Consumer financing receivables (continued)

          Penghasilan pembiayaan konsumen yang belum                                Unearned consumer financing income is the
          diakui merupakan selisih antara jumlah                                    difference between total installments to be
          keseluruhan pembayaran angsuran yang akan                                 received from customers and total financing
          diterima dari konsumen dengan jumlah pokok                                added or deducted with transaction costs which
          pembiayaan ditambah atau dikurangi biaya                                  will be recognised as consumer financing income
          transaksi, yang akan diakui sebagai penghasilan                           over the term of the contract using effective
          pembiayaan konsumen selama jangka waktu                                   interest rate method.
          kontrak, menggunakan metode suku bunga
          efektif.

          Penghasilan yang diterima oleh Perseroan                                  Income received by the Company related to the
          sehubungan dengan perolehan aset keuangan                                 acquisition of financial asset and its related
          dan beban usaha yang terkait diamortisasi                                 operating expenses are effectively amortised
          menggunakan metode suku bunga efektif.                                    using the effective interest rate method.

          Pembiayaan bersama                                                         Joint financing

          Piutang pembiayaan konsumen yang dibiayai                                 Joint financing receivables where the Company
          bersama pihak-pihak lain dimana masing-                                   and joint financing providers bear credit risk in
          masing pihak menanggung risiko kredit sesuai                              accordance with their portion (without recourse)
          dengan porsinya (without recourse) disajikan di                           are presented on a net basis in the statements of
          laporan posisi keuangan secara bersih.                                    financial position. Consumer financing income
          Penghasilan pembiayaan konsumen dan beban                                 and interest expenses related to joint financing
          bunga yang terkait dengan pembiayaan                                      without recourse are also presented on a net
          bersama without recourse disajikan secara                                 basis in the statements of profit or loss and other
          bersih di laporan laba rugi dan penghasilan                               comprehensive income.
          komprehensif lainnya.

          Dalam pembiayaan bersama without recourse,                                For joint financing without recourse, the
          Perseroan berhak menentukan tingkat bunga                                 Company has the right to set higher interest
          yang lebih tinggi kepada konsumen dari tingkat                            rates to customers than those as stated in the
          bunga yang ditetapkan dalam perjanjian dengan                             joint financing agreements with joint financing
          pemberi pembiayaan bersama. Selisihnya,                                   providers. The difference is recognised as part of
          diakui   sebagai     pendapatan   pembiayaan                              unearned consumer financing income and
          konsumen yang belum diakui dan diakui sebagai                             recognised as income over the term of the
          pendapatan sesuai dengan jangka waktu                                     contract using effective interest method.
          kontrak dengan menggunakan metode suku
          bunga efektif.

     g. Penyisihan kerugian penurunan nilai                                  g.     Allowance for impairment losses

          Lihat Catatan 2d untuk kebijakan akuntansi atas                           Refer to Note 2d for the accounting policy of
          penurunan nilai dari aset keuangan.                                       impairment of financial assets.

     h.   Penyisihan kerugian aset produktif                                 h.     Allowance for impairment losses on earning
                                                                                    assets

          Aset produktif terdiri dari giro pada bank syariah,                       Earning assets consist of current accounts with
          piutang ijarah dan aset yang diperoleh untuk                              sharia banks, ijarah receivables and asset
          ijarah.                                                                   acquired for ijarah.




                                                           Halaman - 5/24 - Page
Page 508
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                         31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                             2.   MATERIAL        ACCOUNTING                           POLICY
     (lanjutan)                                                              INFORMATION (continued)

     h.   Penyisihan kerugian aset produktif (lanjutan)                      h.     Allowance for impairment losses on earning
                                                                                    assets (continued)

          Penyisihan kerugian aset produktif dan aset non-                          Allowance for impairment losses on earning
          produktif Pembiayaan Syariah Perseroan dan                                assets and non-earning assets for Business
          Unit Usaha Pembiayaan Syariah yang                                        Operation of Sharia Financing Company and
          melaksanakan kegiatan berdasarkan prinsip                                 Sharia Financing Business Unit conducting
          syariah       diatur        dalam         POJK                            business based on sharia principles are
          No. 10/POJK.05/2019 tertanggal 26 Februari                                stipulated in the POJK No. 10/POJK.05/2019
          2019.                                                                     dated 26 February 2019.

          Pedoman pembentukan penyisihan kerugian                                   The guidelines for establishment of allowance for
          aset produktif berdasarkan POJK tersebut                                  impairment losses on earning assets based on
          adalah sebagai berikut:                                                   POJK are as follows:

          a)   Cadangan umum, sekurang-kurangnya                                    a)    General reserve shall be no less than 1% of
               sebesar 1% dari aset produktif yang                                        total earning assets classified as current.
               digolongkan lancar.

          b)   Cadangan       khusus,     sekurang-kurangnya                        b)    Special reserve shall be at least:
               sebesar:

               1) 5%     dari   aset    produktif   yang                                  1) 5% of earning assets classified as
                  digolongkan Dalam Perhatian Khusus                                         Special Mention after deducted by
                  setelah dikurangi agunan.                                                  collateral value.
               2) 15% dari aset produktif yang                                            2) 15% of earning assets classified as
                  digolongkan Kurang Lancar setelah                                          Substandard       after deducted      by
                  dikurangi agunan.                                                          collateral value.
               3) 50% dari aset produktif yang                                            3) 50% of earning assets classified as
                  digolongkan      Diragukan      setelah                                    Doubtful after deducted by collateral
                  dikurangi agunan.                                                          value.
               4) 100% dari aset produktif yang                                           4) 100% of earning assets classified as
                  digolongkan Macet setelah dikurangi                                        Loss after deducted by collateral value.
                  agunan.

          Apabila manajemen berpendapat bahwa suatu                                 If management believes that certain earning
          aset produktif sudah tidak dapat ditagih kembali,                         assets are not recoverable, then those assets
          maka aset tersebut harus dihapusbukukan                                   should be written-off by deducting the balance of
          dengan cara saldo aset produktif dikurangkan                              earning assets from their respective allowances.
          dari penyisihan kerugian. Penerimaan kembali                              Recoveries of earning assets that have been
          aset produktif yang telah dihapusbukukan dicatat                          written-off are recorded as additional allowance
          sebagai penambahan penyisihan kerugian tahun                              for impairment losses in the current year.
          berjalan.

     i.   Pembiayaan syariah                                                 i.     Sharia financing

          Piutang pembiayaan syariah timbul dari                                    Sharia financing arise from sharia agreement
          perjanjian    kerjasama secara  syariah                                   based on murabahah, ijarah and musyarakah
          berdasarkan akad pembiayaan murabahah,                                    financing contract.
          ijarah, dan musyarakah.




                                                           Halaman - 5/25 - Page
Page 509
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                             2.   MATERIAL        ACCOUNTING                           POLICY
     (lanjutan)                                                              INFORMATION (continued)

     i.   Pembiayaan syariah (lanjutan)                                      i.     Sharia financing (continued)

          Piutang Murabahah                                                         Murabahah receivables

          Piutang Murabahah merupakan jumlah piutang                                Murabahah receivables are stated net of joint
          setelah dikurangi dengan bagian pembiayaan                                financing receivables where joint financing
          bersama dimana risiko kredit ditanggung oleh                              provides bear credit risk in accordance with its
          pemberi pembiayaan bersama sesuai dengan                                  portion (without recourse), deferred margin
          porsinya (without recourse), penghasilan marjin                           income and the allowance for impairment losses.
          ditangguhkan     dan     penyisihan    kerugian
          penurunan nilai.

          Piutang Murabahah yang dibiayai bersama                                   Murabahah receivables where the Company and
          pihak lain, dimana masing-masing pihak                                    joint financing providers bear credit risk in
          menanggung risiko kredit sesuai dengan                                    accordance with their portion (without recourse)
          porsinya (without recourse) disajikan di laporan                          are presented on a net basis in the statements of
          posisi keuangan secara bersih. Pendapatan                                 financial position. Murabahah margin income
          margin dan beban marjin Murabahah yang                                    and margin expenses related to Murabahah joint
          terkait dengan pembiayaan bersama Murabahah                               financing without recourse are also presented in
          without recourse disajikan secara bersih di                               a net basis in the statements of profit or loss and
          laporan laba rugi dan penghasilan komprehensif                            other comprehensive income.
          lainnya.

          Dalam pembiayaan bersama without recourse,                                For joint financing without recourse, the
          Perseroan berhak menentukan tingkat marjin                                Company has the right to set higher margin rates
          yang lebih tinggi kepada konsumen dari tingkat                            to customers than those stated in the joint
          marjin yang ditetapkan dalam perjanjian dengan                            financing agreements with joint financing
          pemberi pembiayaan bersama. Selisihnya,                                   providers. The difference is recognised as part of
          diakui sebagai pendapatan marjin Murabahah                                unearned Murabahah financing income and
          yang belum diakui dan diakui sebagai                                      recognised as Murabahah margin income over
          pendapatan marjin sesuai dengan jangka waktu                              the term of the contract using effective rate of
          kontrak dengan menggunakan metode tingkat                                 return.
          pengembalian efektif.

          Penghasilan marjin Murabahah yang belum                                   Murabahah margin unearned income is the
          diakui merupakan selisih antara jumlah                                    difference between total installments to be
          keseluruhan pembayaran angsuran yang akan                                 received from customers and the total financing
          diterima dari konsumen dengan jumlah pokok                                which is recognised as income over the term of
          pembiayaan yang akan diakui sebagai                                       the contract using annuity method.
          penghasilan sesuai dengan jangka waktu
          kontrak dengan menggunakan metode anuitas.

          Piutang Murabahah diklasifikasikan sebagai aset                           Murabahah receivables are classified as financial
          keuangan yang diukur pada biaya perolehan                                 assets measured at amortised cost. Refer to
          diamortisasi. Lihat Catatan 2d untuk perlakuan                            Note 2d for the accounting policy of financial
          akuntansi aset keuangan yang diukur pada                                  assets measured at amortised cost.
          biaya perolehan diamortisasi.

          Piutang ijarah                                                            Ijarah receivables

          Piutang ijarah adalah tagihan yang timbul dari                            Ijarah receivables represent claims arising from
          pembiayaan berdasarkan akad ijarah.                                       financing based on Ijarah contract




                                                           Halaman - 5/26 - Page
Page 510
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                             2.   MATERIAL        ACCOUNTING                           POLICY
     (lanjutan)                                                              INFORMATION (continued)

     i.   Pembiayaan syariah (lanjutan)                                      i.     Sharia financing (continued)

          Piutang ijarah (lanjutan)                                                 Ijarah receivables (continued)

          Akad ijarah adalah akad penyediaan dana                                   Ijarah contract is a contract on provision of fund
          dalam rangka memindahkan hak-guna atau                                    in relation to transferring of right to use or benefit
          manfaat dari suatu barang atau jasa                                       of the good or service based on the rental
          berdasarkan transaksi sewa, tanpa diikuti                                 transaction without transferring the ownership of
          dengan pemindahan kepemilikan barang                                      the goods to the lessee.
          tersebut kepada penyewa.

          Piutang ijarah terdiri dari piutang ijarah multijasa                      Ijarah receivables consist of multi-services ijarah
          dan aset yang diperoleh untuk ijarah yang telah                           receivables and overdue assets acquired for
          jatuh tempo. Piutang ijarah multijasa adalah                              ijarah. Multi-services ijarah receivables are the
          porsi pokok atas pendapatan sewa yang belum                               principal portion of unpaid rent income at
          dibayar sampai dengan jatuh tempo, sedangkan                              maturity, meanwhile overdue assets acquired for
          aset yang diperoleh untuk ijarah yang telah jatuh                         ijarah are the portion of rent income that is
          tempo adalah pendapatan sewa yang telah jatuh                             already due and not yet been paid by customer.
          tempo dan belum dibayar. Cadangan kerugian                                Allowance for impairment losses accounts on
          penurunan nilai atas piutang ijarah disajikan                             ijarah receivables are presented as a contra
          sebagai pos lawan piutang ijarah. Perseroan                               account of ijarah receivables. The Company
          mencatat ujrah ijarah atas aset yang akan                                 records ujrah receivables of ijarah of assets and
          diterima dan ijarah multijasa yang akan diterima                          multiservices ijarah as other assets.
          sebagai aset lainnya.

          Aset yang diperoleh untuk ijarah                                          Assets acquired for ijarah

          Aset yang diperoleh untuk ijarah merupakan                                The assets acquired for ijarah represent a lease
          sewa menyewa aset untuk mempertukarkan                                    of assets to exchange benefits and ujrah
          manfaat dan ujrah tanpa perpindahan                                       (compensation) without transferring ownership of
          kepemilikan aset dengan atau tanpa wa’d untuk                             the assets, with or without a promise (wa’d) to
          memindahkan kepemilikan dari pemilik (mu’jir)                             transfer ownership from the owner (mu’jir) to the
          kepada penyewa (musta’jir) pada saat tertentu.                            lessee (musta’jir) at a specific time.

          Ijarah muntahiyah bittamlik adalah sewa                                   Ijarah muntahiyah bittamlik is a lease transaction
          menyewa antara pemilik objek sewa dan                                     between the lessor and lessee to obtain fee from
          penyewa untuk mendapatkan imbalan atas objek                              the object leased with the option of transferring
          sewa yang disewakan dengan opsi perpindahan                               the title through purchase or grant after the akad
          hak milik objek sewa baik dengan jual beli atau                           ijarah has been completed or ended.
          pemberian (hibah) setelah selesai atau
          diakhirinya akad ijarah.

          Aset yang diperoleh untuk ijarah merupakan aset                           Assets acquired for ijarah represent object of
          yang menjadi objek transaksi sewa atas aset                               leased assets and are recorded in the statement
          dan dicatat di laporan posisi keuangan sebesar                            of financial position at the acquisition cost, net of
          harga     perolehan     dikurangi     akumulasi                           accumulated depreciation.
          penyusutan.

          Objek sewa dalam transaksi ijarah atas aset                               Leased object in ijarah of assets transaction is
          disusutkan sesuai kebijakan penyusutan aset                               depreciated based on the depreciation policy for
          sejenis, sedangkan objek sewa dalam ijarah                                similar assets, while leased object in ijarah
          muntahiyah bittamlik disusutkan sesuai masa                               muntahiyah bittamlik transaction is depreciated
          sewa.                                                                     based on leased term.




                                                           Halaman - 5/27 - Page
Page 511
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI       KEBIJAKAN                    AKUNTANSI             2.   MATERIAL        ACCOUNTING                           POLICY
     MATERIAL (lanjutan)                                                     INFORMATION (continued)

     i.   Pembiayaan syariah (lanjutan)                                      i.     Sharia financing (continued)

          Aset yang diperoleh untuk ijarah (lanjutan)                               Assets acquired for ijarah (continued)

          Perpindahan hak milik objek sewa kepada                                   The transfer of ownership right on the leased
          penyewa dalam ijarah muntahiyah bittamlik                                 object to the lessee in ijarah muntahiyah bittamlik
          dapat dilakukan dengan cara:                                              can be conducted through:
          (i) hibah; atau                                                           (i) a grant; or
          (ii) penjualan.                                                           (ii) sales.

          Nilai tercatat aset segera diturunkan sebesar                             The carrying value of asset is immediately
          jumlah yang dapat dipulihkan jika nilai tercatat                          impaired to its recoverable amount if the asset's
          aset lebih besar dari estimasi jumlah yang dapat                          carrying amount is greater than the estimated
          dipulihkan.                                                               recoverable amount.

          Ijarah atas jasa (multijasa) adalah ijarah atas                           Ijarah of services (multi-service) is ijarah for the
          manfaat dari jasa. Ijarah multijasa secara tidak                          benefits of services. Indirect multi-service ijarah is
          langsung yaitu ijarah atas jasa yang mana                                 an ijarah for services where another entity
          entitas lain yang memberikan jasa kepada                                  provides services to the lessee. Indirect multi-
          penyewa. Ijarah multijasa tidak langsung tidak                            service ijarah does not recognise assets acquired
          mengakui aset yang diperoleh untuk ijarah.                                for ijarah. The Company recognise the unpaid
          Perseroan mengakui saldo pokok ijarah                                     principal balance of the multi-service ijarah as
          multijasa yang belum dibayar sebagai piutang                              multi-service ijarah receivable.
          ijarah multijasa.

          Piutang Musyarakah                                                        Musyarakah financing

          Musyarakah adalah akad kerja sama antara dua                              Musyarakah is a partnership contract between
          pihak untuk suatu pembiayaan aset, di mana                                between two parties for asset financing, whereby
          masing-masing pihak memberikan porsi dana                                 each party contributes funds with the
          dengan ketentuan bahwa pendapatan usaha                                   arrangement that the operating revenue will be
          akan dibagi sesuai dengan persentase yang                                 shared based on an agreed percentage, while
          disepakati, sedangkan kerugian ditanggung                                 losses are borne proportionally according to the
          secara proporsional sesuai dengan kontribusi                              capital contribution.
          modal.

          Musyarakah        menurun       (Musyarakah                               Decreasing       Musyarakah     (Musyarakah
          mutanaqisah) adalah Musyarakah dengan                                     mutanaqisah) is a Musyarakah arrangement
          ketentuan bahwa porsi dana Perseroan akan                                 whereby the Company’s financing portion is
          dialihkan secara bertahap kepada konsumen.                                gradually transferred to the customers.
          Dengan demikian, porsi pendanaan Perseroan                                Accordingly, the Company’s ownership interest
          akan menurun dan pada akhir masa akad,                                    decreases over time, and at the end of the
          konsumen akan menjadi pemilik penuh atas aset                             contract term, the customer becomes the full
          tersebut.                                                                 owner of the asset.

          Piutang Musyarakah dinyatakan sebesar saldo                               Musyarakah financing is presented at its
          piutang dikurangi dengan penyisihan kerugian                              outstanding balance less the allowance for
          penurunan nilai. Perseroan menetapkan                                     impairment losses. The Company determines the
          penyisihan kerugian penurunan nilai atas                                  allowance for impairment losses in accordance
          piutang sesuai dengan kualitas piutang yang                               with the credit quality of receivables assessed
          dinilai secara kolektif saldo pembiayaan                                  collectively for the Musyarakah financing
          Musyarakah. Perseroan menyajikan piutang                                  balance. The Company presents Musyarakah
          Musyarakah sebagai “piutang pembiayaan                                    financing as “consumer financing receivables.
          konsumen”.




                                                           Halaman - 5/28 - Page
Page 512
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI       KEBIJAKAN                    AKUNTANSI             2.   MATERIAL        ACCOUNTING                           POLICY
     MATERIAL (lanjutan)                                                     INFORMATION (continued)

     i.   Pembiayaan syariah (lanjutan)                                      i.     Sharia financing (continued)

          Sumber dan penyaluran dana kebajikan                                      Sources and uses of qardhul hasan funds

          Sanksi diberikan kepada nasabah yang mampu                                Sanctions were charged to debtors who are able
          membayar, tetapi menunda pembayaran dengan                                to pay, but deliberately delay payments.The
          sengaja dikenakan sanksi berupa sejumlah uang                             amount of sanctions are not determined on the
          yang besarnya tidak ditentukan atas dasar                                 basis of an agreement and not made when the
          kesepakatan dan tidak dibuat saat akad                                    contract is signed. The funds from sanctions will
          ditandatangani. Dana yang berasal dari sanksi                             be used for charity/qardhul hasan funds.
          diperuntukkan untuk dana sosial/kebajikan.

     j.   Beban dibayar dimuka                                               j.     Prepayments

          Beban dibayar dimuka diamortisasi dan                                     Prepayments are amortised and charged as an
          dibebankan selama masa manfaat masing-                                    expense over the period of benefit using the
          masing biaya dengan menggunakan metode                                    straight-line method.
          garis lurus.

          Ketika jaminan kendaraan ditarik karena                                   When collateral assets are repossessed
          konsumen tidak dapat memenuhi kewajibannya,                               because customers cannot           fulfill their
          piutang           pembiayaan         konsumen                             obligations, consumer financing receivables are
          direklasifikasikan menjadi piutang pembiayaan                             reclassified as consumer financing receivables
          dalam perhatian khusus. Piutang pembiayaan                                with special mention. Consumer financing
          dalam perhatian khusus dinyatakan sebesar nilai                           receivables with special mention are stated at
          tercatat piutang pembiayaan konsumen terkait                              carrying value of related consumer financing
          dikurangi penyisihan kerugian penurunan nilai.                            receivables’ deducted with allowance for
                                                                                    impairment losses.

     k. Piutang pembiayaan dalam perhatian khusus                            k.     Consumer financing receivables with special
                                                                                    mention

          Konsumen memberi kuasa kepada Perseroan                                   In case of default, customers give the right to the
          untuk menjual kendaraan ataupun melakukan                                 Company to sell the vehicles or take any other
          tindakan lainnya dalam upaya penyelesaian                                 actions to settle the outstanding receivables.
          piutang bila terjadi wanprestasi terhadap                                 Differences between the proceeds from
          perjanjian pembiayaan. Selisih lebih antara hasil                         settlement of consumer financing receivables
          penyelesaian    piutang    bersih     konsumen                            with special mention and the outstanding
          merupakan hak dari konsumen. Sedangkan                                    receivables if positive are refunded to customers.
          selisih kurang akan dibebankan sebagai                                    If negative, they are charged to write off other
          penghapusan piutang lain-lain.                                            receivables.

     l.   Aset tetap                                                         l.     Fixed assets

          Aset tetap, kecuali tanah, diakui sebesar harga                           Fixed assets, except land, are stated at cost less
          perolehan     setelah    dikurangi    akumulasi                           accumulated depreciation in accordance with
          penyusutan sesuai dengan PSAK 216 “Aset                                   SFAS 216 “Fixed Assets”.
          Tetap”.

          Harga perolehan mencakup pengeluaran yang                                 Acquisition cost includes expenditure that is
          terkait secara langsung dengan perolehan aset                             directly attributable to the acquisition of the fixed
          tetap.                                                                    assets.

          Biaya legal awal untuk mendapatkan hak legal                              Initial legal costs incurred to obtain legal rights
          diakui sebagai bagian biaya akuisisi tanah, dan                           are recognised as part of the acquisition cost of
          biaya-biaya tersebut tidak didepresiasikan.                               the land, and these costs are not depreciated.




                                                           Halaman - 5/29 - Page
Page 513
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI       KEBIJAKAN                    AKUNTANSI             2.   MATERIAL        ACCOUNTING                           POLICY
     MATERIAL (lanjutan)                                                     INFORMATION (continued)

     l.   Aset tetap (lanjutan)                                              l.     Fixed assets (continued)

          Tanah tidak disusutkan.                                                   Land is not depreciated.

          Penyusutan aset tetap dihitung dengan                                     Depreciation on fixed assets is calculated on the
          menggunakan metode garis lurus sepanjang                                  straight-line method over their estimated useful
          estimasi masa manfaat, sampai dengan nilai                                lives, to their residual values, as follows:
          residunya, sebagai berikut:

                                                           Tahun/Years               Tarif/Rates

          Bangunan                                               20                      5%                                     Buildings
          Prasarana bangunan                                     3                      33%                       Building improvements
          Kendaraan                                              4                      25%                                      Vehicles
          Peralatan kantor                                      3-4                   25% - 33%                         Office equipment
          Perabot kantor                                         3                      33%                        Furniture and fixtures

          Biaya pemeliharaan dan perbaikan diakui                                   Maintenance and repairs are charged as an
          sebagai   beban     pada     saat    terjadinya.                          expense as incurred. Expenditure which extends
          Pengeluaran yang memperpanjang masa                                       the future life of assets or provides further
          manfaat aset atau yang memberikan tambahan                                economic benefits is capitalised to the related
          manfaat ekonomis dikapitalisasi pada aset yang                            assets and depreciated.
          bersangkutan dan disusutkan.

          Perseroan menganalisa fakta dan keadaan                                   The Company analyses the facts and
          untuk masing-masing jenis hak atas tanah dalam                            circumstances for each type of land rights in
          menentukan akuntansi untuk masing-masing                                  determining the accounting for each of these
          hak atas tanah tersebut sehingga dapat                                    land rights so that it can accurately represent an
          merepresentasikan dengan tepat suatu kejadian                             underlying economic event or transaction. If the
          atau transaksi ekonomi yang mendasarinya. Jika                            land rights do not transfer control of the
          hak atas tanah tersebut tidak mengalihkan                                 underlying assets to the Company, but gives the
          pengendalian atas aset pendasar kepada                                    rights to use the underlying assets, the Company
          Perseroan, melainkan mengalihkan hak untuk                                applies the accounting treatment of these
          menggunakan aset pendasar, Perseroan                                      transactions as leases under SFAS 116 “Lease”,
          menerapkan perlakuan akuntansi atas transaksi                             except if land rights substantially similar to land
          tersebut sebagai sewa berdasarkan PSAK 116                                purchases, the Company applies SFAS 216
          “Sewa”, kecuali jika hak atas tanah secara                                “Fixed Assets”.
          substansi menyerupai pembelian tanah, maka
          Perseroan menerapkan PSAK 216 “Aset Tetap”.

          Apabila nilai tercatat aset tetap lebih besar dari                        When the carrying amount of a fixed assets is
          nilai yang dapat diperoleh kembali, nilai tercatat                        greater than its estimated recoverable amount, it
          aset tersebut diturunkan menjadi sebesar nilai                            is written down immediately to its recoverable
          yang dapat diperoleh kembali, yang ditentukan                             amount, which is determined based on the
          berdasarkan nilai tertinggi antara nilai wajar                            higher of fair value less cost to sell and value in
          dikurangi biaya untuk menjual dan nilai pakai.                            use.

          Jumlah    tercatat   aset   tetap   dihentikan                            Fixed assets are derecognised upon disposal or
          pengakuannya pada saat dilepaskan atau saat                               when no future economic benefits are expected
          tidak ada manfaat ekonomis masa depan yang                                from their use or disposal. Any gain or loss
          diharapkan      dari     penggunaan       atau                            arising from derecognition of the asset
          pelepasannya. Laba atau rugi yang timbul dari                             (calculated as the difference between the net
          penghentian pengakuan aset tetap (dihitung                                disposal proceeds and the carrying amount of
          sebagai perbedaan antara jumlah neto hasil                                the asset) is included in statements of profit or
          pelepasan dan jumlah tercatat dari aset tetap)                            loss and other comprehensive income in the
          dimasukkan dalam laporan laba rugi dan                                    year the asset is derecognised.
          penghasilan komprehensif lainnya pada periode
          berjalan aset tetap tersebut dihentikan
          pengakuannya.

                                                           Halaman - 5/30 - Page
Page 514
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                             2.   MATERIAL        ACCOUNTING                           POLICY
     (lanjutan)                                                              INFORMATION (continued)

     l.   Aset tetap (lanjutan)                                              l.     Fixed assets (continued)

          Sesuai dengan PSAK 216, Perseroan memilih                                 Under SFAS 216, the Company have chosen
          untuk menggunakan metode biaya.                                           the cost method.

          Metode amortisasi, estimasi masa manfaat dan                              Amortisation method, useful lives and residual
          nilai residual ditelaah pada setiap akhir periode                         values are reviewed at each financial period end
          atau tahun pelaporan dan disesuaikan jika                                 or year end and adjusted if appropriate.
          dianggap tepat.

     m. Liabilitas imbalan kerja                                             m. Employee benefit obligations

          Imbalan kerja jangka pendek                                               Short-term employee benefits

          Imbalan kerja jangka pendek diakui pada saat                              Short-term employee benefits are recognised
          terutang kepada karyawan.                                                 when they accrue to the employees.

          Imbalan pensiun dan imbalan pascakerja                                    Pension benefits and other post-employment
          lainnya                                                                   benefits

          Perseroan memiliki program pensiun imbalan                                The Company have defined benefit and defined
          pasti dan iuran pasti.                                                    contribution pension plans.

          Program pensiun imbalan pasti adalah program                              A defined benefit pension plan is a pension plan
          pensiun yang menetapkan jumlah imbalan                                    that defines an amount of pension that will be
          pensiun yang akan diterima oleh karyawan pada                             received by the employee on becoming entitled
          saat pensiun, yang biasanya tergantung pada                               to a pension, which usually depends on one or
          satu faktor atau lebih, seperti umur, masa kerja                          more factors such as age, years of service and
          dan jumlah kompensasi (Dana Pensiun Astra 1).                             compensation (Astra Pension Fund 1).

          Program pensiun iuran pasti adalah program                                A defined contribution plan is a pension plan
          pensiun dimana Perseroan akan membayar                                    under which the Company pay fixed
          iuran tetap kepada sebuah entitas yang terpisah                           contributions into a separate entity (pension
          (dana pensiun) (Dana Pensiun Astra 2).                                    fund) (Astra Pension Fund 2).

          Perseroan diharuskan menyediakan imbalan                                  The Company is required to provide a minimum
          pensiun minimum yang diatur dalam UU Cipta                                pension benefit as stipulated in the Job Creation
          Kerja No. 6/2023, PP 35/2021 dan peraturan                                Act No. 6/2023, PP 35/2021 and Company
          perusahaan tentang imbalan pascakerja (“IPK”),                            Regulations       regarding     Post-Employment
          yang merupakan liabilitas imbalan pasti.                                  Benefits (“IPK”), which represents an underlying
                                                                                    defined benefit obligation.

          Liabilitas imbalan pensiun merupakan nilai kini                           The pension benefit obligation is the present
          liabilitas imbalan pasti pada akhir periode                               value of the defined benefit obligation at end of
          pelaporan dikurangi dengan nilai wajar aset                               the reporting period less the fair value of plan
          program. Liabilitas imbalan pasti dihitung setiap                         assets. The defined benefit obligation is
          tahun oleh aktuaris independen dengan                                     calculated annually by an independent actuary
          menggunakan metode projected unit credit.                                 using the projected unit credit method.

          Nilai kini liabilitas imbalan pasti ditentukan                            The present value of the defined benefit
          dengan mendiskontokan estimasi arus kas di                                obligation is determined by discounting the
          masa depan dengan menggunakan tingkat                                     estimated future cash outflows using the yield at
          bunga obligasi pemerintah jangka panjang pada                             end of the reporting period of long-term
          akhir periode pelaporan dalam mata uang                                   government bonds denominated in Rupiah in
          Rupiah sesuai dengan mata uang di mana                                    which the benefits will be paid and that have
          imbalan tersebut akan dibayarkan dan yang                                 terms to maturity similar to the related pension
          memiliki jangka waktu yang sesuai dengan                                  obligation.
          liabilitas imbalan pensiun yang bersangkutan.


                                                           Halaman - 5/31 - Page
Page 515
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                             2.   MATERIAL        ACCOUNTING                           POLICY
     (lanjutan)                                                              INFORMATION (continued)

     m. Liabilitas imbalan kerja (lanjutan)                                  m. Employee benefit obligations (continued)

          Imbalan pensiun dan imbalan pascakerja                                    Pension benefits and other post-employment
          lainnya (lanjutan)                                                        benefits (continued)

          Pengukuran kembali yang timbul dari                                       Remeasurements arising from experience
          penyesuaian pengalaman dan perubahan dalam                                adjustments and changes in actuarial
          asumsi-asumsi aktuarial langsung diakui                                   assumptions are directly recognised in other
          seluruhnya melalui penghasilan komprehensif                               comprehensive      income.       Accumulated
          lainnya.   Akumulasi      pengukuran kembali                              remeasurements are reported in retained
          dilaporkan di saldo laba.                                                 earnings.

          Biaya jasa lalu diakui segera dalam laporan laba                          Past-service cost are recognised immediately in
          rugi dan penghasilan komprehensif lainnya.                                the statements of profit or loss and other
                                                                                    comprehensive income.

          Keuntungan atau kerugian dari kurtailmen atau                             Gains or losses on the curtailment or settlement
          penyelesaian program manfaat pasti diakui di                              of a defined benefit plan are recognised in profit
          laba rugi ketika kurtailmen atau penyelesaian                             or loss when the curtailment or settlement
          tersebut terjadi.                                                         occurs.

          Perseroan memberikan imbalan pascakerja                                   The Company also provide other post-
          lainnya, seperti uang pisah, cuti masa persiapan                          employment benefits, such as separation pay,
          pensiun dan uang penghargaan. Imbalan berupa                              retirement preparation leave and service pay.
          uang pisah, dibayarkan kepada karyawan yang                               The separation pay benefit is paid to employees
          mengundurkan diri secara sukarela, setelah                                who voluntarily resign, subject to a minimum
          memenuhi minimal masa kerja tertentu. Cuti                                number of years of service. Entitlement to
          masa persiapan pensiun umumnya diberikan                                  retirement preparation leave vests typically three
          tiga atau enam bulan sebelum memasuki usia                                or six months before retirement. The service pay
          pensiun. Imbalan berupa uang penghargaan                                  benefit vests when the employees reach their
          diberikan apabila karyawan bekerja hingga                                 retirement age. These benefits are accounted for
          mencapai usia pensiun. Imbalan ini dihitung                               using the same methodology as for the defined
          dengan menggunakan metodologi yang sama                                   benefit pension plan.
          dengan metodologi yang digunakan dalam
          perhitungan program pensiun imbalan pasti.

          Imbalan jangka panjang lainnya                                            Other long-term benefits

          Imbalan jangka panjang lainnya seperti cuti                               Other long-term employee benefits such as long
          berimbalan jangka panjang dan penghargaan                                 service leave and jubilee awards are calculated
          jubilee dihitung dengan menggunakan metode                                using the projected unit credit method and
          projected unit credit dan didiskontokan ke nilai                          discounted to present value. These benefits are
          kini. Imbalan ini dihitung dengan menggunakan                             accounted for using the same methodology as
          metodologi yang sama dengan metodologi yang                               for the defined benefit pension plan, except for
          digunakan dalam perhitungan program pensiun                               remeasurements which are recognised in profit
          imbalan pasti, kecuali untuk pengukuran kembali                           or loss.
          yang diakui pada laba rugi.

     n. Dividen                                                              n.     Dividends

          Pembagian dividen kepada para pemegang                                    Dividend distribution to the Company’s
          saham Perseroan diakui sebagai liabilitas dalam                           shareholders is recognised as a liability in the
          laporan keuangan pada saat dividen tersebut                               financial statements when the dividends are
          disetujui oleh para pemegang saham Perseroan.                             approved by the Company’s shareholders.
          Pembagian dividen interim diakui sebagai                                  Interim dividend distributions are recognised as a
          liabilitas ketika dividen disetujui berdasarkan                           liability when the dividends are approved based
          keputusan rapat Direksi sesuai dengan                                     on a Board of Directors’ resolution in accordance
          Anggaran Dasar Perseroan.                                                 with the Company’s Articles of Association.


                                                           Halaman - 5/32 - Page
Page 516
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                             2.   MATERIAL        ACCOUNTING                           POLICY
     (lanjutan)                                                              INFORMATION (continued)

     o. Pengakuan pendapatan dan beban                                       o.     Revenue and expenses recognition

          Penghasilan dan beban bunga untuk semua                                   Interest income and expense for all interest
          instrumen keuangan dengan interest bearing,                               bearing financial instruments are recognised
          masing-masing dicatat dalam “penghasilan                                  within “consumer financing income and interest
          pembiayaan konsumen dan penghasilan bunga”                                income” and “interest expense” respectively in
          serta “beban bunga” di dalam laporan laba rugi                            the statements of profit or loss and other
          dan     penghasilan    komprehensif    lainnya                            comprehensive income using the effective
          menggunakan metode suku bunga efektif.                                    interest rate method.

          Metode suku bunga efektif adalah metode yang                              The effective interest method is a method of
          digunakan untuk menghitung biaya perolehan                                calculating the amortised cost of a financial asset
          diamortisasi dari aset keuangan atau liabilitas                           or a financial liability and of allocating the interest
          keuangan dan metode untuk mengalokasikan                                  income or interest expense over the relevant
          penghasilan bunga atau beban bunga selama                                 period. The effective interest rate is the rate that
          tahun-tahun relevan. Suku bunga efektif adalah                            precisely discounts estimated future cash
          suku bunga yang secara tepat mendiskontokan                               payments or receipts through the expected life of
          estimasi pembayaran atau penerimaan kas di                                the financial instrument or, when appropriate,
          masa datang selama perkiraan umur dari                                    use a shorter period to the net carrying amount
          instrumen keuangan, atau jika lebih tepat,                                of the financial asset or financial liability. When
          digunakan tahun-tahun lebih singkat untuk                                 calculating the effective interest rate, the
          memperoleh nilai tercatat bersih dari aset                                Company estimates cash flows considering all
          keuangan atau liabilitas keuangan. Pada saat                              contractual terms of the financial instrument but
          menghitung suku bunga efektif, Perseroan                                  does not consider future credit losses. These
          mengestimasi        arus      kas      dengan                             calculations include transaction costs.
          mempertimbangkan        seluruh    persyaratan
          kontraktual dalam instrumen keuangan tersebut,
          namun tidak mempertimbangkan kerugian kredit
          di masa datang. Perhitungan ini mencakup biaya
          transaksi.

          Penghasilan margin pembiayaan Murabahah                                   Margin income from Murabahah financing is
          diakui berdasarkan metode effective rate of                               recognised based on the effective rate of return
          return selama jangka waktu tertentu.                                      method during the period of contract.

          Pendapatan bagi hasil Musyarakah diakui pada                              Musyarakah profit sharing income is recognised
          periode terjadinya hak bagi hasil sesuai dengan                           on the period of the right of profit sharing occurs
          nisbah yang disepakati antara Perseroan dan                               based on agreed profit sharing between the
          konsumen.                                                                 Company and the customer.

          Denda keterlambatan pembayaran diakui pada                                Late payment penalties are recognised when the
          saat penerimaan dapat dipastikan.                                         realisation is certain.

          Penghasilan dan beban lainnya diakui pada saat                            Other income and expenses are recognised as
          terjadinya, menggunakan dasar akrual.                                     incurred on an accrual basis.

          Pendapatan dan beban dicatat antara lain                                  Income and expense are recorded amongst
          sesuai dengan PSAK 109 “Instrumen                                         others in accordance with SFAS 109 “Financial
          Keuangan”.                                                                Instrument”.




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                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                             2.   MATERIAL        ACCOUNTING                           POLICY
     (lanjutan)                                                              INFORMATION (continued)

     p. Pendapatan    pengelolaan                dana        oleh            p.     Income from fund management by the
        Perseroan sebagai Mudharib                                                  Company as Mudharib

          Pendapatan pengelolaan dana oleh Perseroan                                Income from fund management by the Company
          sebagai mudharib terdiri atas pendapatan                                  as mudharib consists of income from ijarah
          pembiayaan dengan akad ijarah (sewa).                                     (leasing).

          Pendapatan ijarah muntahiyah bittamlik (“IMBT”)                           Income from ijarah muntahiyah bittamlik (“IMBT”)
          diakui selama masa akad secara merata sejak                               is recognised over the contract period evenly
          aset tersedia sampai akhir akad. Perseroan                                from the time the assets become available until
          mengakui pendapatan ijarah multijasa porsi                                the end of the contract. The Company
          pokok sejak konsumen menerima jasa dari                                   recognises the principal portion of income from
          pihak penyedia jasa berdasarkan kemajuan jasa                             multi-services ijarah from the time the customer
          yang diberikan dan sejumlah biaya jasa yang                               receives services from the service provider
          harus dibayarkan Perseroan kepada pihak                                   based on the progress of the services provided
          penyedia jasa. Perseroan mengakui pendapatan                              and the amount of service fees that must be paid
          margin ijarah multijasa secara merata setelah                             by the Company to the service provider. The
          selesainya pemberia jasa oleh pihak penyedia                              Company recognises income from multi-services
          jasa selama masa akad ijarah antara Perseroan                             ijarah margin evenly after the completion of
          dan konsumen. Penghasilan IMBT dan ijarah                                 service by the service provide during the period
          multijasa disajikan secara neto setelah dikurangi                         of the ijarah contract between the Company and
          beban terkait di laba rugi.                                               the customer. Income from IMBT and multi-
                                                                                    services ijarah are presented on a net basis after
                                                                                    deducting the related expenses profit or loss.

          Untuk transaksi ijarah, setoran dari debitur                              For ijarah transaction, repayment from debtor
          dengan kualitas non-performing diperlakukan                               with non-performing quality is treated as
          sebagai pelunasan piutang sewa.                                           repayment of rent receivable.

     q. Penjabaran mata uang asing                                           q.     Foreign currency translation

          Mata uang pelaporan                                                       Reporting currency

          Laporan keuangan disajikan dalam mata uang                                The financial statements are presented in
          Rupiah, yang merupakan mata uang                                          Rupiah, which is the functional currency of the
          fungsional Perseroan.                                                     Company.

          Transaksi dan saldo                                                       Transactions and balances

          Transaksi dalam mata uang asing dijabarkan                                Transactions    denominated       in    foreign
          ke dalam mata uang Rupiah dengan                                          currencies are translated into Rupiah at the
          menggunakan kurs yang berlaku pada tanggal                                exchange rates prevailing at the transaction
          transaksi. Pada tanggal laporan posisi                                    date. At statements of financial position date,
          keuangan, aset dan liabilitas moneter dalam                               monetary assets and liabilities denominated in
          mata uang asing dijabarkan dengan kurs yang                               foreign currencies are translated at the
          berlaku pada tanggal laporan posisi keuangan.                             exchange rates prevailing at financial position
                                                                                    date.

          Keuntungan dan kerugian selisih kurs yang                                 Exchange gains and losses arising on
          timbul dari transaksi dalam mata uang asing dan                           transactions in foreign currencies and on the
          penjabaran aset dan liabilitas moneter dalam                              translation of foreign currency monetary assets
          mata uang asing diakui pada laba rugi.                                    and liabilities are recognised in the profit or loss.




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Page 518
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                             2.   MATERIAL        ACCOUNTING                            POLICY
     (lanjutan)                                                              INFORMATION (continued)

     q. Penjabaran mata uang asing (lanjutan)                                q.     Foreign currency translation (continued)

          Pada tanggal 31 Desember 2025 dan 2024, kurs                              As of 31 December 2025 and 2024, the foreign
          nilai tukar yang digunakan adalah kurs tengah                             currency exchange rates used for translation of
          Bank Indonesia yang digunakan untuk                                       foreign currencies to Rupiah are the Bank
          penjabaran mata uang asing terhadap Rupiah                                Indonesia middle rates, as follows (full Rupiah
          adalah sebagai berikut (Rupiah penuh):                                    amount):

                                                      2025                    2024

          Dolar Amerika Serikat (“Dolar AS”)                  16,782                   16,162              United States Dollar (“US Dollar”)

     r.   Instrumen keuangan derivatif dan akuntansi                         r.     Derivative financial instruments and hedge
          lindung nilai                                                             accounting

          Derivatif pada awalnya diakui sebesar nilai wajar                         Derivative are initially recognised at fair value on
          pada tanggal kontrak derivatif disepakati dan                             the date a derivative contract is entered into and
          selanjutnya diukur kembali sebesar nilai                                  are subsequently remeasured at their fair values.
          wajarnya. Perseroan menetapkan derivatif                                  The Company designates certain derivative as
          tertentu sebagai lindung nilai risiko tertentu yang                       hedges of a particular risk associated with a
          terkait dengan aset atau liabilitas atau transaksi                        recognised asset or liability or a highly probable
          yang diperkirakan kemungkinan besar terjadi                               forecast transaction (cash flow hedge).
          (lindung nilai arus kas).

          Pada awal hubungan lindung nilai, Perseroan                               At the inception of the hedge relationship, the
          mendokumentasikan           hubungan     antara                           Company documents the economic relationship
          instrumen lindung nilai dengan item yang                                  between hedging instruments and hedged items,
          dilindung nilai, beserta tujuan manajemen risiko                          as well as its risk management objectives and
          dan strategi pelaksanaan transaksi lindung nilai.                         strategy for undertaking various hedging
          Perseroan         juga       mendokumentasikan                            transactions. The Company also documents its
          penilaiannya, pada saat dimulainya lindung nilai                          assessment, both at hedge inception and on an
          dan secara berkesinambungan, apakah derivatif                             ongoing basis, of whether the derivative that are
          yang digunakan dalam transaksi lindung nilai                              used in hedging transactions are highly effective
          sangat efektif dalam menghapus dampak                                     in offsetting changes in fair values or cash flows
          perubahan nilai wajar atau arus kas item yang                             of hedged items.
          dilindung nilai.

          Lindung nilai arus kas                                                    Cash flow hedge

          Bagian efektif atas perubahan nilai wajar derivatif                       The effective portion of changes in the fair value
          yang ditetapkan dan memenuhi kriteria sebagai                             of derivative that are designated and qualify as a
          lindung nilai arus kas diakui pada pendapatan                             cash flow hedge is recognised in other
          komprehensif lain.                                                        comprehensive income.

          Jumlah yang terakumulasi pada ekuitas                                     Amounts accumulated in equity are reclassified
          direklasifikasi ke dalam laporan laba rugi dan                            to the statements of profit or loss and other
          penghasilan komprehensif lainnya pada periode                             comprehensive income in the periods when the
          sama dimana item yang dilindung nilai                                     hedged item affects profit or loss. The gain or
          mempengaruhi laba rugi. Keuntungan dan                                    loss relating to the effective portion of interest
          kerugian yang berhubungan dengan bagian                                   rate swaps hedging floating rate borrowings is
          efektif swap tingkat bunga sebagai instrumen                              recognised in the profit or loss within “Interest
          lindung nilai pinjaman dengan suku bunga                                  and financing charges”.
          bervariasi diakui dalam laporan laba rugi pada
          “Beban bunga dan keuangan”.




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Page 519
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                             2.   MATERIAL        ACCOUNTING                           POLICY
     (lanjutan)                                                              INFORMATION (continued)

     r.   Instrumen keuangan derivatif dan akuntansi                         r.     Derivative financial instruments and hedge
          lindung nilai (lanjutan)                                                  accounting (continued)

          Lindung nilai arus kas (lanjutan)                                         Cash flow hedge (continued)

          Ketika instrumen lindung nilai telah kedaluwarsa                          When a hedging instrument expires or is sold, or
          atau dijual, atau ketika lindung nilai tidak lagi                         when a hedge no longer meets the criteria for
          memenuhi kriteria akuntansi lindung nilai,                                hedge accounting, any cumulative gain or loss
          keuntungan atau kerugian kumulatif yang masih                             existing in equity at that time remains in equity.
          ada di dalam ekuitas pada saat itu tetap berada
          pada ekuitas.

          Jumlah laba rugi selisih kurs yang direklasifikasi                        The foreign exchange gain or loss reclassified
          dari ekuitas dikompensasikan di laporan laba rugi                         from equity is offset against the foreign exchange
          dan penghasilan komprehensif lainnya terhadap                             gain or loss from related hedged borrowings in
          laba rugi selisih kurs dari pinjaman, yang terkait                        the statements of profit or loss and other
          dengan lindung nilai diakui dalam laporan laba                            comprehensive income is recognised in the profit
          rugi pada “Beban bunga dan keuangan”.                                     or loss within “Interest and financing charges”.

     s.   Perpajakan                                                         s.     Taxation

          Beban pajak terdiri dari pajak kini dan pajak                              The tax expense comprises current and
          tangguhan. Pajak diakui laba rugi, kecuali jika                            deferred tax. Tax is recognised in the profit or
          pajak tersebut terkait dengan transaksi atau                               loss, except to the extent that it relates to items
          kejadian yang diakui pendapatan komprehensif                               recognised in other comprehensive income or
          lain atau langsung diakui ke ekuitas. Dalam hal                            directly in equity. In this case, the tax is also
          ini, pajak tersebut masing-masing diakui dalam                             recognised in other comprehensive income or
          pendapatan komprehensif lain atau ekuitas.                                 directly in equity, respectively.

           Beban pajak kini dihitung berdasarkan peraturan                           The current income tax charge is calculated on
           perpajakan yang berlaku atau yang secara                                  the basis of the tax laws enacted or
           substantif berlaku pada akhir periode pelaporan,                          substantively enacted at the end of the reporting
           di negara dimana Perseroan beroperasi dan                                 period in the countries where the Company
           menghasilkan        pendapatan    kena    pajak.                          operate and generate taxable income.
           Manajemen secara periodik mengevaluasi posisi                             Management periodically evaluates positions
           yang dilaporkan di Surat Pemberitahuan                                    taken in Annual Tax Returns (“SPT”) with
           Tahunan (“SPT”) sehubungan dengan situasi di                              respect to situations in which applicable tax
           mana aturan pajak yang berlaku membutuhkan                                regulation is subject to interpretation. It
           interpretasi. Jika perlu, manajemen menentukan                            establishes provisions where appropriate on the
           provisi berdasarkan jumlah yang diharapkan                                basis of amounts expected to be paid to the tax
           akan dibayar kepada otoritas pajak.                                       authorities.

          Pajak       penghasilan      tangguhan      diakui                         Deferred income tax is provided in full, using the
          sepenuhnya, dengan menggunakan metode                                      liability method, on temporary differences which
          liabilitas untuk semua perbedaan temporer yang                             arise from the difference between the tax bases
          berasal dari selisih antara dasar pengenaan                                of assets and liabilities and their carrying
          pajak aset dan liabilitas dengan nilai tercatatnya                         amounts in the financial statements. However,
          pada laporan keuangan. Namun, liabilitas pajak                             deferred tax liabilities are not recognised if they
          penghasilan tangguhan tidak diakui jika berasal                            arise from the initial recognition of goodwill.
          dari      pengakuan     awal    goodwill.    Pajak                         Deferred income tax is also not accounted for if it
          penghasilan        tangguhan       juga       tidak                        arises from initial recognition of an asset or
          diperhitungkan jika pajak penghasilan tangguhan                            liability in a transaction other than a business
          tersebut timbul dari pengakuan awal aset atau                              combination that at the time of the transaction
          pengakuan awal liabilitas dalam transaksi yang                             affects neither accounting nor taxable profit or
          bukan kombinasi bisnis yang pada saat transaksi                            loss.
          tidak mempengaruhi laba akuntansi atau laba
          kena pajak/rugi pajak.



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                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                             2.   MATERIAL        ACCOUNTING                           POLICY
     (lanjutan)                                                              INFORMATION (continued)

     s.   Perpajakan (lanjutan)                                              s.     Taxation (continued)

          Pajak penghasilan tangguhan diukur dengan                                  Deferred income tax is determined using tax
          menggunakan      tarif  pajak    yang      sudah                           rates that have been enacted or substantially
          diberlakukan atau secara substantif berlaku pada                           enacted by the end of the reporting period and
          akhir periode pelaporan dan diekspektasi akan                              are expected to apply when the related deferred
          digunakan ketika aset pajak tangguhan yang                                 income tax asset is realised or the deferred
          berhubungan direalisasi atau liabilitas pajak                              income tax liability is settled.
          tangguhan diselesaikan.

          Aset pajak tangguhan diakui hanya jika                                     Deferred tax assets are recognised only if it is
          kemungkinan jumlah penghasilan kena pajak di                               probable that future taxable amounts will be
          masa depan akan memadai untuk dikompensasi                                 available to utilise those temporary differences
          dengan perbedaan temporer yang masih dapat                                 and losses.
          dimanfaatkan.

          Aset dan liabilitas pajak penghasilan tangguhan                           Deferred tax assets and liabilities are offset when
          dapat saling hapus apabila terdapat hak yang                              there is a legally enforceable right to offset
          berkekuatan hukum untuk melakukan saling                                  current tax assets and liabilities and when the
          hapus antara aset pajak kini dengan liabilitas                            deferred tax balances relate to the same taxation
          pajak kini dan apabila aset dan liabilitas pajak                          authority. Current tax assets and tax liabilities are
          penghasilan tangguhan dikenakan oleh otoritas                             offset where the entity has a legally enforceable
          perpajakan yang sama. Aset pajak kini dan                                 right to offset and intends either to settle on a net
          liabilitas pajak kini akan saling hapus ketika                            basis, or to realise the asset and settle the
          entitas memiliki hak yang berkekuatan hukum                               liability simultaneously.
          untuk melakukan saling hapus dan adanya niat
          untuk melakukan penyelesaian saldo-saldo
          tersebut secara neto atau untuk merealisasikan
          dan menyelesaikan liabilitas secara bersamaan.

          Manajemen        juga     dapat    membentuk                              Management can also provide provision for
          pencadangan terhadap liabilitas pajak di masa                             future tax liability at the amount that will be paid
          depan sebesar jumlah yang diestimasikan akan                              to tax authorities on the probable exposure
          dibayarkan ke kantor pajak jika berdasarkan                               based on assessment as at statements of
          evaluasi pada tanggal laporan posisi keuangan                             financial position. Assumption and estimation
          terdapat risiko pajak yang kemungkinan terjadi.                           used may involve element of uncertainty.
          Asumsi dan estimasi yang digunakan dalam
          perhitungan cadangan tersebut memiliki unsur
          ketidakpastian.

          Pajak final                                                               Final tax

          Peraturan perpajakan di Indonesia mengatur                                Tax regulation in Indonesia determined that
          beberapa jenis penghasilan dikenakan pajak                                certain taxable income is subject to final tax.
          yang bersifat final. Pajak final yang dikenakan                           Final tax applied to the gross value of
          atas nilai bruto transaksi tetap dikenakan                                transactions is applied even when the parties
          walaupun atas transaksi tersebut pelaku                                   carrying the transaction incur losses.
          transaksi mengalami kerugian.

          Mengacu pada PSAK 212 “Pajak Penghasilan”,                                Refer to SFAS 212 “Income Taxes”, final tax is
          pajak final tidak termasuk dalam ruang                                    no longer governed. The Company decided to
          lingkupnya. Perseroan memutuskan menyajikan                               present final tax arising from interest income
          beban pajak final sehubungan dengan                                       from current accounts in “operating expense”.
          pendapatan bunga dan rekening giro dalam
          “beban usaha”.




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Page 521
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                         31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                             2.   MATERIAL        ACCOUNTING                           POLICY
     (lanjutan)                                                              INFORMATION (continued)

     t.   Surat berharga yang diterbitkan                                    t.     Securities issued

          Surat berharga yang diterbitkan berupa obligasi.                          Securities issued consist of bonds.

          Surat berharga yang diterbitkan diklasifikasikan                          Securities issued are classified as financial
          sebagai liabilitas keuangan yang diukur dengan                            liabilities at amortised cost. Incremental cost
          biaya perolehan diamortisasi. Biaya tambahan                              directly attributable to the issuance of securities
          yang dapat diatribusikan secara langsung                                  are deducted from the amount of securities
          dengan penerbitan surat berharga dikurangkan                              issued and amortised using effective interest rate
          dari jumlah surat berharga yang diterbitkan dan                           method. Refer to Note 2d for accounting policy of
          diamortisasi menggunakan suku bunga efektif.                              financial liabilities at amortised cost.
          Lihat Catatan 2d untuk kebijakan akuntansi atas
          liabilitas keuangan yang diukur dengan biaya
          perolehan diamortisasi.

          Bunga atas surat berharga yang diterbitkan                                Interest on securities issued are recorded as
          diakui sebagai “Beban bunga dan keuangan”                                 “Interest and financing charges” using accrual
          berdasarkan basis akrual.                                                 basis.

     u. Laba bersih per saham dasar                                          u.     Basic earnings per share

          Laba bersih per saham dihitung dengan                                     Earnings per share are calculated by dividing net
          membagi laba bersih dengan jumlah rata-rata                               income by the weighted average number of
          tertimbang saham biasa yang beredar pada                                  ordinary shares outstanding during the period.
          periode bersangkutan.

          Laba bersih per saham dilusian adalah sama                                Diluted earnings per share is the same with
          dengan laba per saham dasar dikarenakan                                   basic earnings per share as the Company do not
          Perseroan tidak memiliki saham dilusian.                                  have diluted shares.

     v.   Transaksi dengan pihak berelasi                                    v. Transaction with related parties

          Perseroan melakukan transaksi dengan pihak                                The Company have transactions with related
          berelasi.  Sesuai      dengan     PSAK     224                            parties. In accordance with SFAS 224 “Related
          “Pengungkapan Pihak-pihak Berelasi”, yang                                 Party Disclosure”, the meaning of a related party
          dimaksud dengan pihak yang berelasi adalah                                is a person or entity that is related to a reporting
          orang atau entitas yang berelasi dengan entitas                           entity as follow:
          pelapor sebagai berikut:

          a. Orang atau anggota keluarga terdekatnya                                a.    A person or a close member of that
             berelasi dengan entitas pelapor jika orang                                   person’s family is related to a reporting
             tersebut:                                                                    entity if that person:

               i. memiliki          pengendalian        atau                              i. has control or joint control over the
                    pengendalian bersama terhadap entitas                                    reporting entity;
                    pelapor;
               ii. memiliki pengaruh signifikan terhadap                                  ii. has significant influence over the
                    entitas pelapor; atau                                                      reporting entity; or
               iii. personal manajemen kunci entitas                                      iii. is member of the key management
                    pelapor atau entitas induk pelapor.                                        personnel of the reporting entity or parent
                                                                                               of the reporting entity.




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Page 522
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                      (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                             2.   MATERIAL        ACCOUNTING                          POLICY
     (lanjutan)                                                              INFORMATION (continued)

     v.   Transaksi dengan pihak berelasi (lanjutan)                         v. Transaction with related parties (continued)

          Perseroan melakukan transaksi dengan pihak                               The Company have transactions with related
          berelasi.  Sesuai      dengan       PSAK   224                           parties. In accordance with SFAS 224 “Related
          “Pengungkapan Pihak-pihak Berelasi”, yang                                Party Disclosure”, the meaning of a related party
          dimaksud dengan pihak yang berelasi adalah                               is a person or entity that is related to a reporting
          orang atau entitas yang berelasi dengan entitas                          entity as follow: (continued)
          pelapor sebagai berikut: (lanjutan)

          b.   Suatu entitas berelasi dengan entitas                               b.    An entity is related to a reporting entity if any
               pelapor jika memenuhi hal-hal sebagai                                     of the following conditions applies:
               berikut:

               i. entitas dan entitas pelapor adalah                                    i.   the entity and the reporting entity are
                    anggota dari kelompok usaha yang                                         members of the same the Company
                    sama (artinya entitas induk, entitas anak                                (which means that each parent,
                    dan entitas anak berikutnya terkait                                      subsidiary and fellow subsidiary is
                    dengan entitas lain);                                                    related to the others);
               ii. suatu entitas adalah entitas asosiasi                                 ii. one entity is an associate or joint venture
                    atau ventura bersama bagi entitas lain                                   of the other entity (or an associate or
                    (atau entitas asosiasi atau ventura                                      joint venture of member of a Company of
                    bersama yang merupakan anggota                                           which the other entity is a member);
                    suatu kelompok usaha, dimana entitas
                    lain tersebut adalah anggotanya);
               iii. kedua entitas tersebut adalah ventura                                iii. both entities are joint ventures of the
                    bersama dari pihak ketiga yang sama;                                      same third party;
               iv. suatu entitas adalah ventura bersama                                  iv. one entity is a joint venture of a third
                    dari entitas ketiga dan entitas yang lain                                 entity and the other entity is an associate
                    adalah entitas asosiasi dari entitas                                      of the third entity;
                    ketiga;
               v. entitas tersebut adalah suatu program                                  v. the entity is a post-employment benefit
                    imbalan pascakerja untuk imbalan kerja                                   plan for the benefit of employees of
                    dari suatu entitas pelapor atau entitas                                  either the reporting entity or an entity
                    yang terkait dengan entitas pelapor;                                     related to the reporting entity;
               vi. entitas      yang     dikendalikan      atau                          vi. the entity controlled or jointly controlled
                    dikendalikan bersama oleh orang yang                                     by a person identified in (a); and
                    diidentifikasi dalam butir (a); dan
               vii. orang yang diidentifikasi, dalam butir (a)                           vii. a person identified in (a) (i) has
                    (i) memiliki pengaruh signifikan terhadap                                 significant influence over the entity or is a
                    entitas atau anggota manajemen kunci                                      member of the key management
                    entitas (atau entitas induk dari entitas).                                personnel of the entity (or of a parent of
                                                                                              the entity).

          Jenis transaksi dan saldo dengan pihak berelasi,                         The nature of transactions and balances of
          diungkapkan dalam Catatan 26.                                            accounts with related parties are disclosed in
                                                                                   Note 26.

     w. Pinjaman                                                             w. Borrowings

          Pada saat pengakuan awal, pinjaman diakui                                Borrowings are initially recognised at fair value,
          sebesar nilai wajar, dikurangi dengan biaya-                             net of transaction costs incurred. Subsequently,
          biaya transaksi yang terjadi. Selanjutnya,                               borrowings are stated at amortised cost using
          pinjaman diukur pada biaya perolehan                                     the effective interest method.
          diamortisasi dengan menggunakan metode suku
          bunga efektif.




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Page 523
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                             2.   MATERIAL        ACCOUNTING                           POLICY
     (lanjutan)                                                              INFORMATION (continued)

     w. Pinjaman (lanjutan)                                                  w. Borrowings (continued)

          Bunga pinjaman diakui sebagai “Beban bunga                                Interest on borrowings are recorded as “Interest
          dan keuangan” berdasarkan basis akrual.                                   and financing charges” using accrual basis.

          Pinjaman disajikan sebesar biaya perolehan                                Borrowings are stated at the amortised cost.
          yang diamortisasi. Lihat Catatan 2d untuk                                 Refer to Note 2d for the accounting policy for
          kebijakan akuntansi atas kewajiban keuangan                               financial liabilities at amortised cost.
          yang     diukur  dengan    biaya   perolehan
          diamortisasi.

     x. Sewa                                                                 x.     Leases

          Pada tanggal permulaan kontrak, Perseroan                                 At the inception of a contract, the Company
          menilai apakah kontrak merupakan atau                                     assess whether the contract is or contains a
          mengandung sewa. Suatu kontrak merupakan                                  lease. A contract is or contains a leases if the
          atau mengandung sewa jika kontrak tersebut                                contract conveys the right to control the use of
          memberikan     hak   untuk    mengendalikan                               an identified assets for a period of time in
          penggunaan aset identifikasian selama suatu                               exchange for consideration. The Company can
          jangka waktu untuk dipertukarkan dengan                                   choose not to recognise the right-of-use assets
          imbalan. Perseroan dapat memilih untuk tidak                              and lease liabilities for:
          mengakui aset hak-guna dan liabilitas sewa
          untuk:

          -     Sewa dengan jangka waktu kurang atau                                -     Leases with a term of less or equal to
                sama dengan 12 bulan dan tidak terdapat                                   12-months and there is no call option; and
                opsi beli; dan
          -     Sewa atas aset dengan nilai rendah.                                 -     Leases of low value asset.

          Untuk menilai apakah kontrak memberikan hak                               To assess whether a contract conveys the right
          untuk     mengendalikan      penggunaan     aset                          to control the use of an identified asset, the
          identifikasian, Perseroan harus menilai apakah:                           Company shall assess whether:

          -     Perseroan        memiliki hak    untuk                              -     The Company has the right to obtain
                mendapatkan secara substansial seluruh                                    substantially all the economic benefit from
                manfaat ekonomi dari penggunaan aset                                      use of the asset throughout the period of
                identifikasian; dan                                                       use; and

          -     Perseroan        memiliki      hak      untuk                       -     The Company has the right to direct the
                mengarahkan          penggunaan           aset                            use of the asset. The Company has
                identifikasian. Perseroan memiliki hak ini                                described when it has a decision-making
                ketika Perseroan memiliki hak untuk                                       rights that are the most relevant to change
                pengambilan keputusan yang relevan                                        how and for what purpose the asset is used
                tentang bagaimana dan untuk tujuan apa                                    are predetermined:
                aset      digunakan      telah     ditentukan
                sebelumnya:
                1. Perseroan memiliki hak untuk                                           1.    The Company has the right to operate
                      mengoperasikan aset; dan                                                  the asset; and
                2. Perseroan telah mendesain aset                                         2.    The Company has designed the asset
                      dengan        cara         menetapkan                                     in a way that predetermine how and
                      sebelumnya bagaimana dan untuk                                            for what purpose it will be used.
                      tujuan apa aset akan digunakan
                      selama periode penggunaan.




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Page 524
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                             2.   MATERIAL        ACCOUNTING                           POLICY
     (lanjutan)                                                              INFORMATION (continued)

     x. Sewa (lanjutan)                                                      x.     Leases (continued)

          Pada tanggal permulaan sewa, Perseroan                                    The Company recognise a right-of-use assets
          mengakui aset hak-guna dan liabilitas sewa.                               and a leases liability at the leases
          Aset hak-guna diukur pada biaya perolehan,                                commencement date. The right-of-use assets is
          dimana meliputi jumlah pengukuran awal                                    initially measured at cost, which comprises the
          liabilitas sewa yang disesuaikan dengan                                   initial amount of the leases liability adjusted for
          pembayaran sewa yang dilakukan pada atau                                  any leases payment made at or before the
          sebelum tanggal permulaan, ditambah dengan                                commencement date, plus any initial direct cost
          biaya langsung awal yang dikeluarkan. Aset hak-                           incurred. The right-of-use assets is amortised
          guna diamortisasi dengan menggunakan                                      over the straight-line method throughout the
          metode garis lurus sepanjang jangka waktu                                 lease term.
          sewa.

          Liabilitas sewa diukur pada nilai kini pembayaran                         The lease liabilities is initially measured at the
          sewa yang belum dibayar pada tanggal                                      present value of the lease payments that are not
          permulaan, didiskontokan dengan menggunakan                               paid at the commencement date, discounted
          suku bunga implisit dalam sewa atau jika suku                             using the implicit interest rate in the lease or, if
          bunga tersebut tidak dapat ditentukan, maka                               that right cannot be readily determined, using
          menggunakan         suku     bunga       pinjaman                         incremental borrowing rate. Generally, the
          inkremental. Pada umumnya, Perseroan                                      Company uses incremental borrowing rate as a
          menggunakan suku bunga pinjaman inkremental                               discount rate.
          sebagai tingkat bunga diskonto.

          Pembayaran sewa dialokasikan menjadi bagian                               Each leases payment is allocated between the
          pokok dan biaya keuangan. Biaya keuangan                                  liability and finance cost. The finance cost is
          dibebankan pada laba rugi selama periode sewa                             charged to profit or loss over the leases period
          sehingga menghasilkan tingkat suku bunga                                  so as to produce a constant periodic rate of
          periodik yang konstan atas saldo liabilitas untuk                         interest on the remaining balance of the liability
          setiap periode.                                                           for each period.

          Perseroan menyajikan aset hak-guna sebagai                                The Company presents right-of-use assets as
          bagian dari “Aset tetap” dan liabilitas sewa                              part of “Fixed assets” and leases liabilities as
          sebagai bagian dari “Utang lain-lain” di dalam                            part of “Other payables” in the statements of
          laporan posisi keuangan.                                                  financial position.

          Jika sewa mengalihkan kepemilikan aset                                    If the leases transfers ownership of the
          pendasar kepada Perseroan pada akhir masa                                 underlying asset to the Company by the end of
          sewa atau jika biaya perolehan aset hak-guna                              the leases term or if the cost of the right-of-use
          merefleksikan Perseroan akan mengeksekusi                                 assets reflects that the Company will exercise a
          opsi beli, maka Perseroan menyusutkan aset                                purchase option, the Company depreciate the
          hak-guna dari tanggal permulaan hingga akhir                              right-of-use assets from the commencement
          umur manfaat aset pendasar. Jika tidak, maka                              date to the end of the useful life of the underlying
          Perseroan menyusutkan aset hak-guna dari                                  asset. Otherwise, the Company depreciate the
          tanggal permulaan hingga tanggal yang lebih                               right-of-use assets from the commencement
          awal antara akhir umur manfaat aset hak-guna                              date to the earlier of the end of the useful life of
          atau akhir masa sewa.                                                     the right-of-use assets or the end of the leases
                                                                                    term.




                                                           Halaman - 5/41 - Page
Page 525
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                              NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                           31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


2.   INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                             2.   MATERIAL        ACCOUNTING                           POLICY
     (lanjutan)                                                              INFORMATION (continued)

     y. Informasi segmen                                                     y.     Segment information

          Segmen operasi adalah suatu komponen dari                                 An operating segment is a component of entity
          entitas:                                                                  which:

          i.     yang terlihat dalam aktivitas bisnis yang                          i.      involves with business activities to generate
                 memperoleh penghasilan dan menimbulkan                                     income and expenses (include income and
                 beban (termasuk penghasilan dan beban                                      expenses relating to the transactions with
                 yang terkait dengan transaksi dengan                                       other components with the same entity);
                 komponen lain dari entitas yang sama);
          ii.    hasil operasinya dikaji ulang secara berkala                       ii.     whose operations result is reviewed
                 oleh kepala operasional untuk pembuatan                                    regularly by the entity’s chief decision maker
                 keputusan tentang sumber daya yang                                         to make decisions regarding the allocation of
                 dialokasikan pada segmen tersebut dan                                      resources and to access its performance;
                 menilai kinerjanya; dan                                                    and
          iii.   tersedia informasi keuangan yang dapat                             iii.    for which a separate financial information is
                 dipisahkan.                                                                available.

          Perseroan      menyajikan   segmen     operasi                            The Company presents operating segments
          berdasarkan informasi yang disiapkan secara                               based on the information that provided internally
          internal untuk pengambil keputusan operasional.                           to the chief operating decision maker. The
          Pengambil keputusan operasional Perseroan                                 Company’s chief operating decision maker are
          adalah Direksi.                                                           Board of Directors.

          Segmen      operasi    Perseroan      disajikan                           The Company discloses operating segments
          berdasarkan segmen produk usaha yang terdiri                              based on business product segment that
          dari: kendaraan bermotor, elektronik dan lain-                            consists of motor vehicle, electronic and others.
          lain. Segmen geografis Perseroan berdasarkan                              Geographical segments of the Company based
          lokasi operasi Perseroan yang terdiri dari                                on location where the Company operates which
          Jabodetabek, Jawa Barat, Jawa Tengah, Jawa                                consist of Jabotabek, West Java, Central Java,
          Timur, Sumatera, Kalimantan, Sulawesi, Maluku,                            East Java, Sumatera, Kalimantan, Sulawesi,
          Papua, serta Bali, NTT dan NTB (lihat Catatan                             Maluku, Papua, as well as Bali, NTT and NTB
          28).                                                                      (refer to Note 28).


3.   ESTIMASI DAN PERTIMBANGAN AKUNTANSI                                3.   CRITICAL ACCOUNTING                    ESTIMATES         AND
     YANG PENTING                                                            JUDGEMENTS

     Beberapa estimasi, pertimbangan, dan asumsi dibuat                      Certain estimates, judgements, and assumptions are
     dalam rangka penyusunan laporan keuangan dimana                         made in the preparation of the financial statements
     dibutuhkan pertimbangan manajemen dalam                                 and these require management’s judgement in
     menentukan metodologi yang tepat untuk penilaian                        determining the appropriate methodology for
     aset dan liabilitas.                                                    valuation of assets and liabilities.

     Manajemen membuat estimasi dan asumsi yang                              Management makes estimates and assumptions that
     berimplikasi pada pelaporan nilai aset dan liabilitas                   affect the reported amounts of assets and liabilities
     atas tahun keuangan satu tahun kedepan. Semua                           within the next financial year. All estimates and
     estimasi dan asumsi yang diharuskan oleh PSAK                           assumptions required in conformity with SFAS are
     adalah estimasi terbaik berdasarkan standar yang                        best estimates undertaken in accordance with the
     berlaku. Estimasi dan pertimbangan dievaluasi                           applicable standards. Estimates and judgements are
     secara terus menerus dan berdasarkan pengalaman                         evaluated on a continuous basis, and are based on
     masa lalu dan faktor-faktor lain termasuk harapan                       past experience and other factors, including
     atas kejadian yang akan datang.                                         expectations with regard to future events.




                                                           Halaman - 5/42 - Page
Page 526
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                      31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                      (Expressed in millions of Rupiah, unless otherwise stated)


3.   ESTIMASI DAN PERTIMBANGAN AKUNTANSI                                3.   CRITICAL ACCOUNTING                ESTIMATES         AND
     YANG PENTING (lanjutan)                                                 JUDGEMENTS (continued)

     Walaupun estimasi dan asumsi ini dibuat                                 Although these estimates and assumption are based
     berdasarkan pengetahuan terbaik manajemen atas                          on management’s best knowledge of current events
     kejadian dan tindakan saat ini, hasil yang timbul                       and activities, actual result may differ from those
     mungkin berbeda dengan estimasi dan asumsi                              estimates and assumption.
     semula.

     Sumber utama ketidakpastian estimasi:                                   Key sources of estimation uncertainty:

     a.   Nilai wajar dari instrumen keuangan                                a.    Fair value of financial instruments

          Dalam menentukan nilai wajar aset keuangan                               In determining the fair value for financial assets
          dan liabilitas yang tidak mempunyai harga pasar,                         and financial liabilities for which there is no
          Perseroan menggunakan teknik penilaian seperti                           observable market price, the Company use the
          yang dijelaskan dalam Catatan 2d. Untuk                                  valuation techniques as described in Note 2d.
          instrumen        keuangan       yang       jarang                        For financial instruments that are traded
          diperdagangkan dan memiliki informasi harga                              infrequently and a lack of price transparency, fair
          yang terbatas, nilai wajarnya kurang objektif dan                        value is less objective and requires varying
          membutuhkan beberapa pertimbangan terkait                                degrees of judgement depending on liquidity,
          dengan faktor-faktor pada likuiditas, konsentrasi,                       concentration, uncertainty of market factors,
          ketidakpastian pasar, asumsi harga dan risiko                            pricing assumptions and other risks affecting the
          lainnya yang mempengaruhi instrumen spesifik                             specific instrument.
          tersebut.

     b. Penyisihan kerugian penurunan nilai                                  b. Allowance for impairment losses

          Perseroan melakukan tinjauan atas piutang yang                           The Company review its receivables at reporting
          diberikan pada setiap tanggal laporan untuk                              date to evaluate the allowance for impairment
          melakukan penilaian atas penyisihan kerugian                             losses. Management’s judgement is applied in
          penurunan nilai yang telah dicatat. Pertimbangan                         the estimation when determining the level of
          manajemen diperlukan dalam menentukan                                    allowance required.
          tingkat cadangan yang dibutuhkan.

          Perseroan menetapkan penyisihan kerugian                                 The Company determines the allowance for
          penurunan nilai untuk piutang pembiayaan                                 impairment losses for consumer financing
          konsumen melalui evaluasi secara kolektif.                               receivables through collective evaluation.

          Evaluasi cadangan kerugian penurunan nilai                               Evaluation on collective impairment allowance
          secara kolektif mencakup kerugian kredit yang                            covers credit losses inherent in portfolios of
          melekat pada portofolio piutang pembiayaan                               consumer financing receivables with similar
          konsumen        dengan    karakteristik  serupa                          characteristics based on expected credit loss of
          berdasarkan kerugian kredit ekspektasian                                 receivables portfolio. In assessing the need for
          portofolio piutang. Dalam menilai kebutuhan                              allowance for impairment losses, management
          penyisihan kerugian penurunan nilai, manajemen                           uses assumption on the key areas of judgement,
          menggunakan asumsi atas pertimbangan utama,                              including the segmentation of the portfolio of
          termasuk       segmentasi    portofolio  piutang                         consumer financing receivables, the period of
          pembiayaan konsumen, periode data kerugian                               historical loss data used, estimated recovery and
          historis yang digunakan, estimasi pemulihan dan                          identification     of    the    most      relevant
          identifikasi faktor makroekonomi paling relevan                          macroeconomic factors affecting the settlement
          yang      mempengaruhi      pelunasan    piutang                         of the amounts due from consumer financing
          pembiayaan konsumen.                                                     receivables.




                                                           Halaman - 5/43 - Page
Page 527
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


3.   ESTIMASI DAN PERTIMBANGAN AKUNTANSI                                3.   CRITICAL ACCOUNTING                    ESTIMATES         AND
     YANG PENTING (lanjutan)                                                 JUDGEMENTS (continued)

     c.   Liabilitas imbalan pascakerja                                      c.     Post-employment benefits

          Nilai kini liabilitas imbalan pascakerja tergantung                       The present value of the post-employment
          pada beberapa faktor yang ditentukan dengan                               benefits depends on a number of factors that are
          dasar aktuarial berdasarkan beberapa asumsi.                              determined on an actuarial basis using a number
          Asumsi yang digunakan untuk menentukan                                    of assumptions. The assumptions used in
          biaya/(penghasilan) liabilitas imbalan pascakerja                         determining the net cost/(income) for post-
          neto mencakup tingkat diskonto dan kenaikan                               employment benefits include the discount rate
          gaji dimasa datang. Adanya perubahan pada                                 and future salary increase. Any changes in these
          asumsi ini akan mempengaruhi jumlah tercatat                              assumptions will have an impact on the carrying
          liabilitas imbalan pascakerja.                                            amount of post-employment benefit obligations.

          Perseroan menentukan tingkat diskonto dan                                 The Company determine the appropriate
          kenaikan gaji masa datang yang sesuai pada                                discount rate and future salary increase at the
          akhir periode pelaporan. Tingkat diskonto adalah                          end of each reporting period. The discount rate
          tingkat suku bunga yang harus digunakan untuk                             is interest rate that should be used to determine
          menentukan nilai kini atas estimasi arus kas                              the present value of estimated future cash
          keluar masa depan yang diharapkan untuk                                   outflows expected to be required to settle the
          menyelesaikan liabilitas imbalan pascakerja.                              post-employment benefits. In determining the
          Dalam menentukan tingkat suku bunga yang                                  appropriate discount rate, the Company consider
          sesuai, Perseroan mempertimbangkan tingkat                                the interest rates of government bonds that are
          suku bunga obligasi pemerintah yang                                       denominated in the currency in which the
          didenominasikan dalam mata uang imbalan                                   benefits will be paid and that have terms to
          akan dibayar dan memiliki jangka waktu yang                               maturity approximating the terms of the related
          serupa dengan jangka waktu liabilitas imbalan                             post-employment benefits.
          pascakerja yang terkait.

          Untuk tingkat kenaikan gaji masa datang,                                  For the rate of future salary increases, the
          Perseroan    mengumpulkan   data   historis                               Company collect all historical data relating to
          mengenai perubahan gaji dasar pekerja dan                                 changes in base salaries and adjusts it for future
          menyesuaikannya dengan perencanaan bisnis                                 business plans.
          masa datang.

          Asumsi kunci kewajiban pensiun lainnya                                    Other key assumptions for pension obligations
          sebagian ditentukan berdasarkan kondisi pasar                             are based in part on current market conditions.
          saat ini. Informasi tambahan diungkapkan pada                             Additional information is disclosed in Note 25.
          Catatan 25.

     d.   Perpajakan                                                         d. Taxation

          Pertimbangan signifikan diperlukan                dalam                   Significant judgement is required in determining
          menentukan provisi perpajakan.                                            the provision for taxes.

          Perseroan menentukan provisi perpajakan                                   The Company provide for tax provision based on
          berdasarkan estimasi atas kemungkinan adanya                              estimates whether the additional taxes will be
          tambahan beban pajak. Jika hasil akhir dari hal                           due. Where the final tax outcome of these
          ini berbeda dengan jumlah yang dicatat semula,                            matters is different from the amounts that were
          maka perbedaan tersebut akan berdampak pada                               initially recorded, such differences will impact the
          laba dan rugi.                                                            profit and loss.




                                                           Halaman - 5/44 - Page
Page 528
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                        (Expressed in millions of Rupiah, unless otherwise stated)


4.   KAS DAN SETARA KAS                                                   4.   CASH AND CASH EQUIVALENTS
                                                             2025              2024

     Kas                                                        67,759             70,648                                  Cash on hand
     Bank – Pihak ketiga                                                                                 Cash in banks – Third parties
       Rupiah                                                                                                                 Rupiah
       PT Bank Central Asia Tbk                                 70,152             69,010                   PT Bank Central Asia Tbk
       PT Bank OCBC NISP Tbk                                    56,708                 95                   PT Bank OCBC NISP Tbk
       PT Bank DBS Indonesia                                    30,219                258                     PT Bank DBS Indonesia
       PT Bank Permata Tbk                                      25,042             42,062                       PT Bank Permata Tbk
       PT Bank Mandiri (Persero) Tbk                            24,162              6,574              PT Bank Mandiri (Persero) Tbk
       PT Bank Rakyat Indonesia (Persero) Tbk                   17,549             48,548     PT Bank Rakyat Indonesia (Persero) Tbk
       PT Bank Negara Indonesia (Persero) Tbk                   16,982             11,449     PT Bank Negara Indonesia (Persero) Tbk
       PT Bank CIMB Niaga Tbk                                   11,291              8,426                   PT Bank CIMB Niaga Tbk
       PT Bank BCA Syariah                                      10,133             25,072                       PT Bank BCA Syariah
       PT Bank Syariah Indonesia (Persero) Tbk                   4,317              2,299     PT Bank Syariah Indonesia (Persero) Tbk
       PT Bank Danamon Indonesia Tbk                             3,829              3,873           PT Bank Danamon Indonesia Tbk
       PT Bank Maybank Indonesia Tbk                             1,430              4,398            PT Bank Maybank Indonesia Tbk
       PT Bank Tabungan Negara (Persero) Tbk                     1,100              3,946     PT Bank Tabungan Negara (Persero) Tbk
       PT Bank Nano Syariah (dahulu PT Bank                                                   PT Bank Nano Syariah (formerly PT Bank
         Sinarmas Tbk - Unit Usaha Syariah)                         809               4,733   Sinarmas Tbk - Sharia Business Unit)
       PT Bank UOB Indonesia                                        656                 645                   PT Bank UOB Indonesia
       PT Bank Maybank Indonesia Tbk -                                                              PT Bank Maybank Indonesia Tbk -
         Unit Usaha Syariah                                         625                  6                   Sharia Business Unit
       PT Bank Mega Tbk                                             308                275                         PT Bank Mega Tbk
       Deutsche Bank AG                                             293                 28                         Deutsche Bank AG
       PT Bank Shinhan Indonesia                                    182                182                PT Bank Shinhan Indonesia
       MUFG Bank, Ltd.                                              148                 11                           MUFG Bank, Ltd.
       PT Bank Pan Indonesia Tbk                                    122                113                PT Bank Pan Indonesia Tbk
       PT Bank Muamalat Indonesia Tbk                               118                 42          PT Bank Muamalat Indonesia Tbk
       PT Bank Panin Dubai Syariah Tbk                              106                136          PT Bank Panin Dubai Syariah Tbk
       Standard Chartered Indonesia                                  98                 76              Standard Chartered Indonesia
       Sumitomo Mitsui Banking Corporation                           85                  5       Sumitomo Mitsui Banking Corporation
       PT Bank HSBC Indonesia                                        63                379                  PT Bank HSBC Indonesia
       PT Bank BNP Paribas Indonesia                                 56                425            PT Bank BNP Paribas Indonesia
       PT Bank ANZ Indonesia                                         48                 17                    PT Bank ANZ Indonesia
       PT Bank Mizuho Indonesia                                      42                 69                 PT Bank Mizuho Indonesia
       PT Bank SBI Indonesia                                         29                  -                     PT Bank SBI Indonesia
       JPMorgan Chase Bank, N.A                                      12                 12                JPMorgan Chase Bank, N.A
       PT Bank BTPN Syariah Tbk                                       -                  8                PT Bank BTPN Syariah Tbk
                                                               276,714           233,172

     Bank – Pihak ketiga                                                                                 Cash in banks – Third parties
       Dolar AS                                                                                                             US Dollar
       Sumitomo Mitsui Banking Corporation                          70                  68        Sumitomo Mitsui Banking Corporation
       PT Bank Maybank Indonesia Tbk                                10                  11           PT Bank Maybank Indonesia Tbk
       PT Bank Permata Tbk                                           8                   9                      PT Bank Permata Tbk
       PT Bank CIMB Niaga Tbk                                        7                   8                  PT Bank CIMB Niaga Tbk
       PT Bank Mandiri (Persero) Tbk                                 5                  15              PT Bank Mandiri (Persero) Tbk
       PT Bank Mizuho Indonesia                                      3                   3                 PT Bank Mizuho Indonesia
       PT Bank DBS Indonesia                                         1                   4                    PT Bank DBS Indonesia
       PT Bank Central Asia Tbk                                      -                  27                  PT Bank Central Asia Tbk
       Lain-lain (masing-masing di bawah Rp 1)                       1                   3                  Others (each below Rp 1)
                                                                    105                148
                                                               276,819           233,320

     Bank – Pihak berelasi                                                                               Cash in banks – Related party
       Rupiah                                                                                                                 Rupiah
       PT Bank Saqu Indonesia (dahulu                                                                PT Bank Saqu Indonesia (formerly
         PT Bank Jasa Jakarta)                                  53,274                 212                 PT Bank Jasa Jakarta)
                                                                53,274                 212

                                                               397,852           304,180




                                                           Halaman - 5/45 - Page
Page 529
                                                PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


4.   KAS DAN SETARA KAS (lanjutan)                                         4.   CASH AND CASH EQUIVALENTS (continued)

     Saldo kas dan setara kas dalam mata uang asing                             As at 31 December 2025, the balance of cash and
     pada tanggal 31 Desember 2025 adalah sebesar                               cash equivalents in foreign currency was
     Dolar AS           6.265 (nilai penuh) (2024:                              US Dollar 6,265 (full amount) (2024: US Dollar
     Dolar AS 9.153 (nilai penuh)).                                             9,153 (full amount)).

     Suku bunga rekening bank selama tahun berjalan                             Bank accounts interest rates during the year ranged
     berkisar antara 0,00% - 4,50% pada 31 Desember                             between 0.00% - 4.50% as at 31 December 2025 for
     2025 untuk mata uang Rupiah (2024: 0,00% -                                 Rupiah balances (2024: 0.00% - 5.25%) and 0.00% -
     5,25%) dan 0,00% - 0.35% pada 31 Desember 2025                             0.35% as at 31 December 2025 for US Dollar
     untuk mata uang Dolar AS (2024: 0,00% - 0,35%).                            balances (2024: 0.00% - 0.35%).

     Pada tanggal 31 Desember 2025 dan 2024,                                    As at 31 December 2025 and 2024, Management
     Manajemen berkeyakinan bahwa tidak terdapat                                believes that there are no restriction of cash and cash
     saldo kas dan setara kas yang dibatasi                                     equivalents.
     penggunaannya.

     Seluruh kas dan setara kas merupakan aset                                  All cash and cash equivalents are financial assets in
     keuangan dalam Stage 1.                                                    Stage 1.


5.   PIUTANG PEMBIAYAAN KONSUMEN – BERSIH                                  5.   CONSUMER FINANCING RECEIVABLES – NET

                                                             2025               2024

     Piutang pembiayaan konsumen -                                                                          Consumer financing receivables -
        bruto                                                                                                                        gross
        Pembiayaan sendiri:                                                                                              Direct financing:
            - Pihak ketiga                                   64,363,878         55,589,856                               Third parties -
        Pembiayaan yang dibiayai
          bersama pihak lain without recourse                                                              Joint financing without recourse
            - Pihak ketiga                                      333,616             98,305                                 Third parties -

                                                             64,697,494         55,688,161
     Dikurangi:                                                                                                                         Less:
     Penghasilan pembiayaan konsumen                                                                          Unearned income on consumer
       yang belum diakui                                                                                                          financing
       Pembiayaan sendiri:                                                                                                Direct financing:
           - Pihak ketiga                                   (14,437,247)        (12,844,082)                             Third parties -
       Pembiayaan yang dibiayai bersama
         pihak lain without recourse                                                                        Joint financing without recourse
           - Pihak ketiga                                      (200,744)            (58,664)                                Third parties -

                                                            (14,637,991)        (12,902,746)

                                                             50,059,503         42,785,415

     Penyisihan kerugian penurunan nilai                     (3,100,629)         (2,883,115)                 Allowance for impairment losses

     Bersih                                                  46,958,874         39,902,300                                                Net

     Selama tahun 2025 dan 2024, jangka waktu                                   During 2025 and 2024, period of consumer financing
     pembiayaan konsumen berkisar antara 6 - 84 bulan.                          ranged from 6 - 84 months.




                                                           Halaman - 5/46 - Page
Page 530
                                              PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                                  NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                               31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                               (Expressed in millions of Rupiah, unless otherwise stated)


5.   PIUTANG PEMBIAYAAN KONSUMEN – BERSIH                                       5.   CONSUMER FINANCING RECEIVABLES – NET
     (lanjutan)                                                                      (continued)

     Piutang pembiayaan konsumen yang akan diterima                                  Consumer financing receivables to be received
     sesuai dengan tanggal jatuh temponya sebagai                                    according to the maturity date are as follows:
     berikut:

                                                               2025                   2024

     < 1 tahun                                                 30,886,414             24,953,716                                                 < 1 year
     1 - 2 tahun                                               14,985,899             13,930,263                                              1 - 2 years
     2 - 3 tahun                                                3,986,594              3,734,159                                              2 - 3 years
     > 3 tahun                                                    200,596                167,277                                               > 3 years

                                                               50,059,503             42,785,415

     Analisis umur piutang pembiayaan konsumen                                       Aging analysis of the consumer financing receivables
     berdasarkan jadwal pembayaran adalah sebagai                                    based on installment schedule is as follows:
     berikut:

                                                               2025                   2024

     Belum jatuh tempo                                         49,427,614             42,268,255                                                  Current

     Lewat jatuh tempo:                                                                                                                        Overdue:
     1 - 30 hari                                                  352,197                300,685                                             1 - 30 days
     31 - 60 hari                                                 150,298                119,893                                            31 - 60 days
     61 - 90 hari                                                  70,431                 52,212                                            61 - 90 days
     > 90 hari                                                     58,963                 44,370                                              > 90 days

                                                               50,059,503             42,785,415

     Menurut Stage                                                                   By Stage

     Berikut   adalah  perubahan    jumlah   piutang                                 Below is movement of consumer financing
     pembiayaan konsumen yang diberikan berdasarkan                                  receivables based on stages during the years ended
     stage selama tahun-tahun berakhir 31 Desember                                   31 December 2025 and 2024:
     2025 dan 2024:
                                                              31 Desember/December 2025
                                                                                                       Jumlah/
                                             Stage 1            Stage 2              Stage 3            Total

     Saldo awal                               22,522,850         19,759,828             502,737          42,785,415                      Beginning balance
     Transfer ke kerugian kredit                                                                                                                Transfer to
        ekspektasian sepanjang                                                                                                  lifetime expected credit
        umurnya (Stage 2)                      (1,401,104)        1,771,129             (370,025)                  -                    losses (Stage 2)
     Transfer ke kredit
        yang mengalami                                                                                                                  Transfer to credit
        penurunan nilai (Stage 3)                       -          (604,286)            604,286                    -               impaired (Stage 3)
     Transfer ke kerugian kredit                                                                                                  Transfer to 12 months
        ekspektasian 12 bulan                                                                                                          expected credit
        (Stage 1)                                       -                   -                   -                  -                  losses (Stage 1)
     Perubahan bersih pada eksposur                                                                                              Net change in exposure
        dan pengukuran kembali*)               3,282,120          5,377,977              231,780          8,891,877            and remeasurement*)
     Penghapusan                                       -         (1,395,882)            (221,907)        (1,617,789)                           Written-off
     mi
     Saldo akhir                              24,403,866         24,908,766             746,871          50,059,503                      Ending balance

     *) Termasuk dalam perubahan bersih pada eksposur dan pengukuran                 *) Include the net change in exposure and remeasurements are
        kembali adalah penambahan eksposur tahun berjalan serta                         additional exposure during the year including its changes/transfer
        perubahan/transfer sepanjang tahun dan pembayaran.                              during the year and repayment.




                                                             Halaman - 5/47 - Page
Page 531
                                              PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                                  NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                               31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                               (Expressed in millions of Rupiah, unless otherwise stated)


5.   PIUTANG PEMBIAYAAN KONSUMEN – BERSIH                                       5.   CONSUMER FINANCING RECEIVABLES – NET
     (lanjutan)                                                                      (continued)
     Menurut Stage (lanjutan)                                                        By Stage (continued)

     Berikut   adalah    perubahan  jumlah   piutang                                 Below is movement of consumer financing
     pembiayaan konsumen yang diberikan berdasarkan                                  receivables based on stages during the years ended
     stage selama tahun-tahun berakhir 31 Desember                                   31 December 2025 and 2024: (continued)
     2025 dan 2024: (lanjutan)
                                                              31 Desember/December 2024
                                                                                                       Jumlah/
                                             Stage 1            Stage 2              Stage 3            Total

     Saldo awal                               20,746,167         15,513,870             358,833          36,618,870                      Beginning balance
     Transfer ke kerugian kredit                                                                                                                Transfer to
        ekspektasian sepanjang                                                                                                  lifetime expected credit
        umurnya (Stage 2)                    (11,487,337)        11,766,116             (278,779)                  -                    losses (Stage 2)
     Transfer ke kredit
        yang mengalami                                                                                                                  Transfer to credit
        penurunan nilai (Stage 3)               (225,870)          (379,148)            605,018                    -               impaired (Stage 3)
     Transfer ke kerugian kredit                                                                                                  Transfer to 12 months
        ekspektasian 12 bulan                                                                                                          expected credit
        (Stage 1)                              1,498,147         (1,498,147)                    -                  -                  losses (Stage 1)
     Perubahan bersih pada eksposur                                                                                              Net change in exposure
        dan pengukuran kembali*)              11,991,743         (4,499,366)              30,285          7,522,662            and remeasurement*)
     Penghapusan                                       -         (1,143,497)            (212,620)        (1,356,117)                           Written-off
     Saldo akhir                              22,522,850         19,759,828             502,737          42,785,415                      Ending balance

     Perubahan pada penyisihan kerugian penurunan                                    Movements of the allowance for impairment losses
     nilai adalah sebagai berikut:                                                   are as follows:

                                                               2025                   2024

     Saldo awal                                                 2,883,115              2,825,680                                    Beginning balance
     Penambahan                                                 1,370,569              1,058,091                                              Additions
     Penghapusan piutang                                       (1,617,789)            (1,356,117)                              Written-off receivables
     Penerimaan penghapusan piutang                               464,734                355,461                  Recovery from written-off receivables

     Saldo akhir                                                3,100,629              2,883,115                                        Ending balance

                                                              31 Desember/December 2025
                                                                                                       Jumlah/
                                             Stage 1            Stage 2              Stage 3            Total

     Saldo awal                                  677,045          1,712,834             493,236           2,883,115                      Beginning balance
     Transfer ke kerugian kredit                                                                                                                Transfer to
        ekspektasian sepanjang                                                                                                  lifetime expected credit
        umurnya (Stage 2)                         (49,996)         204,217              (154,221)                  -                    losses (Stage 2)
     Transfer ke kredit
        yang mengalami                                                                                                                   Transfer to credit
        penurunan nilai (Stage 3)                       -          (448,159)            448,159                    -                impaired (Stage 3)
     Transfer ke kerugian kredit                                                                                                   Transfer to 12 months
        ekspektasian 12 bulan                                                                                                           expected credit
        (Stage 1)                                       -                   -                   -                  -                   losses (Stage 1)
     Perubahan bersih pada eksposur                                                                                               Net change in exposure
        dan pengukuran kembali*)                (123,259)         1,559,021              (65,193)         1,370,569              and remeasurement*)
     Penghapusan                                       -         (1,395,882)            (221,907)        (1,617,789)                            Written-off
     Pendapatan atas pemulihan                         -            352,559              112,175            464,734                      Recovery income
     Saldo akhir                                 503,790          1,984,590             612,249           3,100,629                      Ending balance

     *) Termasuk dalam perubahan bersih pada eksposur dan pengukuran                 *) Include the net change in exposure and remeasurements are
        kembali adalah penambahan eksposur tahun berjalan serta                         additional exposure during the year including its changes/transfer
        perubahan/transfer sepanjang tahun dan pembayaran.                              during the year and repayment.




                                                             Halaman - 5/48 - Page
Page 532
                                              PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                                NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                             31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                             (Expressed in millions of Rupiah, unless otherwise stated)


5.   PIUTANG PEMBIAYAAN KONSUMEN – BERSIH                                     5.   CONSUMER FINANCING RECEIVABLES – NET
     (lanjutan)                                                                    (continued)

     Menurut Stage (lanjutan)                                                      By Stage (continued)

     Perubahan pada penyisihan kerugian penurunan                                  Movements of the allowance for impairment losses
     nilai adalah sebagai berikut: (lanjutan)                                      are as follows: (continued)
                                                             31 Desember/December 2024
                                                                                                     Jumlah/
                                             Stage 1           Stage 2             Stage 3            Total

     Saldo awal                                  914,339         1,560,404            350,937           2,825,680                      Beginning balance
     Transfer ke kerugian kredit                                                                                                              Transfer to
        ekspektasian sepanjang                                                                                                lifetime expected credit
        umurnya (Stage 2)                       (573,830)          687,719            (113,889)                  -                    losses (Stage 2)
     Transfer ke kredit
        yang mengalami                                                                                                                Transfer to credit
        penurunan nilai (Stage 3)               (164,662)         (375,095)           539,757                    -               impaired (Stage 3)
     Transfer ke kerugian kredit                                                                                                Transfer to 12 months
        ekspektasian 12 bulan                                                                                                        expected credit
        (Stage 1)                                 40,426           (40,426)                   -                  -                  losses (Stage 1)
     Perubahan bersih pada eksposur                                                                                            Net change in exposure
        dan pengukuran kembali*)                 460,772           755,645            (158,326)         1,058,091            and remeasurement*)
     Penghapusan                                       -        (1,143,497)           (212,620)        (1,356,117)                           Written-off
     Pendapatan atas pemulihan                         -           268,084              87,377            355,461                     Recovery income
     Saldo akhir                                 677,045         1,712,834            493,236           2,883,115                      Ending balance

     *) Termasuk dalam perubahan bersih pada eksposur dan pengukuran               *) Include the net change in exposure and remeasurements are
        kembali adalah penambahan eksposur tahun berjalan serta                       additional exposure during the year including its changes/transfer
        perubahan/transfer sepanjang tahun dan pembayaran.                            during the year and repayment.

     Selama tahun 2025, suku bunga/marjin efektif                                  During 2025, effective interest/margin rates ranged
     berkisar antara 9,09% - 45,57% (2024: 9,20% -                                 from 9.09% - 45.57% (2024: 9.20% - 45.96%).
     45,96%).

     Sebagai jaminan atas piutang pembiayaan                                       As collateral of consumer financing receivables for
     konsumen untuk kendaraan bermotor, Perseroan                                  vehicle financing, the Company obtained collateral
     menerima jaminan dari konsumen berupa Bukti                                   from customers in the form of the Certificate of
     Pemilikan Kendaraan Bermotor (“BPKB”) atas                                    Ownership (“BPKB”) of the vehicle financed by the
     kendaraan bermotor yang dibiayai Perseroan.                                   Company.

     Sebagai jaminan atas piutang pembiayaan                                       As collateral of consumer financing receivables for
     konsumen untuk modal usaha, Perseroan menerima                                working capital, the Company obtained collateral
     jaminan dari konsumen berupa Bukti Pemilikan                                  from customers in the form of the Certificate of
     Kendaraan Bermotor (“BPKB”) atau Sertifikat Hak                               Ownership (“BPKB”) or Freehold title (“SHM”) owned
     Milik (“SHM”) yang dimiliki oleh konsumen.                                    by the customer.

     Pada 31 Desember 2025 dan 2024, tidak terdapat                                As at 31 December 2025 and 2024, there are no
     piutang pembiayaan konsumen yang digunakan                                    consumer financing receivables used as collateral in
     sebagai jaminan sehubungan dengan fasilitas                                   connection with the borrowing facility and securities
     pinjaman dan surat berharga yang diterbitkan seperti                          issued as disclosed in Note 14 and 15.
     diungkapkan dalam Catatan 14 dan 15.

     Manajemen berpendapat bahwa jumlah penyisihan                                 Management believes that the existing allowance for
     kerugian penurunan nilai yang dibentuk adalah                                 impairment losses is adequate to cover possible
     cukup untuk menutup kerugian yang mungkin timbul                              losses from uncollectible consumer financing
     akibat tidak tertagihnya piutang pembiayaan                                   receivables.
     konsumen.




                                                            Halaman - 5/49 - Page
Page 533
                                              PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


5.   PIUTANG PEMBIAYAAN KONSUMEN – BERSIH                                  5.   CONSUMER FINANCING RECEIVABLES – NET
     (lanjutan)                                                                 (continued)

                                                             2025               2024
     Piutang pembiayaan konsumen:                                                                            Consumer financing receivables:
        - Konvensional                                       44,407,831         39,837,808                                Conventional -
        - Syariah                                             5,651,672          2,947,607                                       Sharia -

                                                             50,059,503         42,785,415

     Penyisihan kerugian penurunan nilai:                                                                    Allowance for impairment losses:
       - Konvensional                                        (2,718,780)         (2,663,605)                                 Conventional -
       - Syariah                                               (381,849)           (219,510)                                      Sharia -

                                                             (3,100,629)         (2,883,115)

     Piutang pembiayaan konsumen - bersih                    46,958,874         39,902,300               Consumer financing receivables - net

     Piutang pembiayaan konsumen – Konvensional                                 Consumer financing receivables – Conventional

     Semua     piutang    pembiayaan      konsumen –                            All of Company’s consumer financing receivables –
     Konvensional Perseroan adalah dalam mata uang                              Conventional are in Rupiah currency, with details as
     Rupiah, dengan rincian sebagai berikut:                                    follow:

                                                             2025               2024
     Piutang pembiayaan konsumen –                                                                       Consumer financing receivables –
       bruto:                                                                                                                     gross:
       Pembiayaan sendiri:                                                                                             Direct financing:
       - Pihak ketiga                                        58,000,438         52,051,707                              Third parties -

     Pembiayaan yang dibiayai
       bersama pihak lain without recourse:                                                                Joint financing without recourse:
       - Pihak ketiga                                           333,616             98,300                                  Third parties -

                                                             58,334,054         52,150,007
     Dikurangi:                                                                                                                        Less:
     Penghasilan pembiayaan konsumen                                                                          Unearned income on consumer
       yang belum diakui:                                                                                                       financing:
       Pembiayaan sendiri:                                                                                               Direct financing:
       - Pihak ketiga                                       (13,725,479)        (12,253,536)                              Third parties -
     Pembiayaan yang dibiayai bersama
       pihak lain without recourse:                                                                        Joint financing without recourse:
       - Pihak ketiga                                          (200,744)            (58,663)                                Third parties -

                                                            (13,926,223)        (12,312,199)

                                                             44,407,831         39,837,808

     Penyisihan kerugian penurunan nilai                     (2,718,780)         (2,663,605)                 Allowance for impairment losses

     Bersih                                                  41,689,051         37,174,203                                                 Net




                                                           Halaman - 5/50 - Page
Page 534
                                             PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


5.   PIUTANG PEMBIAYAAN KONSUMEN – BERSIH                                  5.   CONSUMER FINANCING RECEIVABLES – NET
     (lanjutan)                                                                 (continued)

     Piutang pembiayaan konsumen – Syariah                                      Consumer financing receivables – Sharia

     Semua piutang pembiayaan konsumen – Syariah                                All of Company’s consumer financing receivables –
     Perseroan adalah dalam mata uang Rupiah, dengan                            Sharia are in Rupiah currency, with details as follow:
     rincian sebagai berikut:
                                                             2025               2024
     Piutang pembiayaan konsumen -                                                                        Consumer financing receivables -
       bruto:                                                                                                                      gross:
       Pembiayaan sendiri:                                                                                              Direct financing:
       - Pihak ketiga                                         6,363,440          3,538,149                                Third parties -
     Pembiayaan yang dibiayai
       bersama pihak lain
       without recourse:                                                                                      Joint financing without recourse:
       - Pihak ketiga                                                 -                  5                                    Third parties -
                                                              6,363,440          3,538,154
     Dikurangi:                                                                                                                        Less:
     Penghasilan pembiayaan konsumen                                                                          Unearned income on consumer
       yang belum diakui:                                                                                                       financing:
       Pembiayaan sendiri:                                                                                               Direct financing:
       - Pihak ketiga                                          (711,768)          (590,546)                                Third parties -
     Pembiayaan yang dibiayai
       bersama pihak lain
       without recourse:                                                                                      Joint financing without recourse:
       - Pihak ketiga                                                 -                  (1)                                  Third parties -
                                                               (711,768)          (590,547)
                                                              5,651,672          2,947,607

     Penyisihan kerugian penurunan nilai                       (381,849)          (219,510)                  Allowance for impairment losses

     Bersih                                                   5,269,823          2,728,097                                                 Net


6.   PIUTANG LAIN-LAIN – BERSIH                                            6.   OTHER RECEIVABLES – NET

                                                             2025               2024
     Pihak ketiga                                                                                                              Third parties
     - Pinjaman karyawan                                         30,823             23,000                                   Employee loans -
     - Lain-lain                                                  7,141             16,334                                          Others -
                                                                 37,964             39,334

     Piutang pembiayaan dalam                                                                              Consumer financing receivables
        perhatian khusus:                                                                                         with special mention:
     - Kendaraan                                                 89,550             93,898                                      Vehicles -
     - Nonkendaraan                                              82,086             94,430                                  Non-vehicles -
                                                                171,636            188,328

       Dikurangi:                                                                                                                     Less:
       Penyisihan kerugian penurunan nilai                      (34,704)           (44,770)                 Allowance for impairment losses
                                                                136,932            143,558
                                                                174,896            182,892

     Pihak berelasi                                                                                                           Related parties
     - Piutang asuransi kredit                                  161,513             81,832                      Credit insurance receivable -
     - Pembayaran konsumen                                                                                  Settlement of debtor’s payment -
         melalui payment channel                                 52,673             78,939                    through payment channel
     - Pinjaman manajemen kunci                                   4,885              6,948                         Key management loans -
                                                                219,071            167,719
                                                                393,967            350,611

     Akun lain-lain terdiri pembayaran di muka untuk                            Others consist of advance payment for employee and
     karyawan dan piutang atas kerja sama di lingkup                            receivables in respect of operational cooperation
     operasional.                                                               agreement.




                                                           Halaman - 5/51 - Page
Page 535
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


6.   PIUTANG LAIN-LAIN – BERSIH (lanjutan)                                 6.   OTHER RECEIVABLES – NET (continued)

     Perubahan pada penyisihan kerugian penurunan                               Movements of the allowance for impairment losses
     nilai adalah sebagai berikut:                                              are as follows:

                                                             2025               2024
     Saldo awal                                                  44,770             37,975                                 Beginning balance
     Penambahan                                                 446,210            363,281                                           Additions
     Penghapusan piutang                                       (456,276)          (356,486)                            Written-off receivables
     Saldo akhir                                                 34,704             44,770                                   Ending balance

     Manajemen berpendapat bahwa jumlah penyisihan                              Management believes that the allowance for
     penurunan nilai untuk piutang pembiayaan dalam                             impairment     losses    for   consumer     financing
     perhatian khusus adalah cukup untuk menutup                                receivables with special mention is adequate to cover
     kerugian yang mungkin timbul akibat tidak                                  possible losses from uncollectible consumer financing
     tertagihnya piutang pembiayaan dalam perhatian                             receivables with special mention.
     khusus.

     Lihat Catatan 26 untuk rincian saldo dan transaksi                         Refer to Note 26 for details of related parties
     dengan pihak berelasi.                                                     balances and transactions.


7.   ASET YANG DIPEROLEH UNTUK IJARAH –                                    7.   ASSET ACQUIRED FOR IJARAH – NET
     BERSIH

                                                             2025               2024

     Pihak ketiga                                             7,451,165           7,314,446                                    Third parties
     Akumulasi penyusutan                                    (4,907,523)         (3,632,847)                       Accumulated depreciation

     Bersih                                                   2,543,642          3,681,599                                                Net


8.   BEBAN DIBAYAR DIMUKA                                                  8.   PREPAYMENTS

                                                             2025               2024
     Pihak ketiga                                                                                                            Third parties
     - Sewa                                                      83,532             92,023                                          Rent -
     - Pemeliharaan hardware dan software                        59,097             23,170             Maintenance hardware and software -
     - Beban komitmen pinjaman                                   19,095              2,058                    Borrowing commitment fees -
     - Lain-lain                                                 13,658             13,425                                       Others -
                                                                175,382            130,676
     Pihak berelasi                                                                                                          Related parties
     - Asuransi                                                     345                666                                      Insurance -
     - Sewa                                                          20                  -                                           Rent -
                                                                    365                666
                                                                175,747            131,342

     Akun sewa dibayar dimuka terdiri dari beban dibayar                        Prepayments for rental consist of prepayment for low
     dimuka atas sewa kantor dan perangkat komputer                             value office rental and computer hardware. The
     yang bernilai rendah. Jangka waktu untuk kontrak                           period of office rental and computer hardware rental
     sewa kantor dan sewa perangkat komputer berkisar                           ranged between 1 - 36 months (2024: 1 - 36 months).
     antara 1 - 36 bulan (2024: 1 - 36 bulan).

     Akun beban komitmen pinjaman merupakan biaya                               Borrowing commitment fees represents unamortised
     yang belum diamortisasi sehubungan dengan                                  fees in respect of borrowing not yet drawdown by the
     pinjaman yang belum ditarik oleh Perseroan.                                Company.

     Lihat Catatan 26 untuk rincian saldo dan transaksi                         Refer to Note 26 for details of related parties
     dengan pihak berelasi.                                                     balances and transactions.




                                                           Halaman - 5/52 - Page
Page 536
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                            31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                           (Expressed in millions of Rupiah, unless otherwise stated)


9.   ASET TETAP                                                            9.   FIXED ASSETS

     Aset tetap terdiri dari:                                                   Fixed assets consist of the following:

                                                             2025                2024
     Aset kepemilikan langsung                                  631,629             567,479                           Direct ownership assets
     Aset hak-guna                                              316,010             288,070                               Right-of-use assets
     Bersih                                                     947,639             855,549                                                 Net

                                                           31 Desember/December 2025
                                      Saldo awal/
                                      Beginning       Penambahan/         Pengurangan/        Saldo akhir/
                                       balance          Additions          Deductions        Ending balance

     Aset kepemilikan                                                                                                       Direct ownership
       langsung:                                                                                                                    assets:

     Harga perolehan                                                                                                            Acquisition cost
        Tanah                               49,933                245                  -             50,178                              Land
        Tanah - pembaruan                      189                  -                  -                189                   Land - renewal
        Bangunan                           141,848              8,189               (202)           149,835                         Buildings
         Prasarana bangunan                217,395             48,002             (8,280)           257,117           Building improvements
         Kendaraan                           4,857                  -               (318)             4,539                         Vehicles
         Peralatan kantor                2,096,818            295,589           (114,421)         2,277,986                 Office equipment
         Perabot kantor                    117,807             13,748             (3,874)           127,681            Furniture and fixtures

                                         2,628,847            365,773           (127,095)         2,867,525

     Akumulasi penyusutan                                                                                            Accumulated depreciation
        Tanah - pembaruan                      111                  9                  -                120                   Land - renewal
        Bangunan                            96,276              5,742               (197)           101,821                         Buildings
        Prasarana bangunan                 152,376             37,202             (8,131)           181,447           Building improvements
        Kendaraan                            2,480                795               (318)             2,957                          Vehicles
        Peralatan kantor                 1,717,258            246,471           (114,330)         1,849,399                 Office equipment
        Perabot kantor                      92,867             11,092             (3,807)           100,152            Furniture and fixtures

                                         2,061,368            301,311           (126,783)         2,235,896

     Nilai buku bersih                     567,479                                                 631,629                     Net book value

                                                           31 Desember/December 2025
                                      Saldo awal/
                                      Beginning       Penambahan/         Pengurangan/        Saldo akhir/
                                       balance          Additions          Deductions        Ending balance

     Aset hak-guna                                                                                                         Right-of-use assets

     Harga perolehan                                                                                                            Acquisition cost
         Bangunan                          239,124            106,559            (73,852)           271,831                        Buildings
         Kendaraan                         258,650             89,640            (46,942)           301,348                        Vehicles

                                           497,774            196,199           (120,794)           573,179

     Akumulasi penyusutan                                                                                             Accumulated depreciation
        Bangunan                            81,446            103,705            (73,852)           111,299                       Buildings
        Kendaraan                          128,258             64,554            (46,942)           145,870                        Vehicles

                                           209,704            168,259           (120,794)           257,169

     Nilai buku bersih                     288,070                                                  316,010                    Net book value




                                                           Halaman - 5/53 - Page
Page 537
                                              PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                          31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                        (Expressed in millions of Rupiah, unless otherwise stated)


9.   ASET TETAP (lanjutan)                                               9.   FIXED ASSETS (continued)
     Aset tetap terdiri dari: (lanjutan)                                      Fixed assets consist of the following: (continued)
                                                           31 Desember/December 2024
                                      Saldo awal/
                                      Beginning        Penambahan/      Pengurangan/        Saldo akhir/
                                       balance           Additions       Deductions        Ending balance

     Aset kepemilikan                                                                                                    Direct ownership
       langsung:                                                                                                                 assets:

     Harga perolehan                                                                                                         Acquisition cost
        Tanah                                 49,957                -             (24)             49,933                             Land
        Tanah - pembaruan                        189                -               -                 189                  Land - renewal
        Bangunan                             135,970            6,228            (350)            141,848                        Buildings
         Prasarana bangunan                  162,366           58,650          (3,621)            217,395          Building improvements
         Kendaraan                             3,765            1,167             (75)              4,857                        Vehicles
         Peralatan kantor                  1,863,362          262,088         (28,632)          2,096,818                Office equipment
         Perabot kantor                      105,011           15,368          (2,572)            117,807           Furniture and fixtures

                                           2,320,620          343,501         (35,274)          2,628,847

     Akumulasi penyusutan                                                                                         Accumulated depreciation
        Tanah - pembaruan                        102                9               -                 111                  Land - renewal
        Bangunan                              90,960            5,656            (340)             96,276                        Buildings
        Prasarana bangunan                   116,364           39,524          (3,512)            152,376          Building improvements
        Kendaraan                              1,980              575             (75)              2,480                         Vehicles
        Peralatan kantor                   1,516,990          228,889         (28,621)          1,717,258                Office equipment
        Perabot kantor                        86,540            8,816          (2,489)             92,867           Furniture and fixtures

                                           1,812,936          283,469         (35,037)          2,061,368

     Nilai buku bersih                      507,684                                              567,479                    Net book value

                                                           31 Desember/December 2024
                                      Saldo awal/
                                      Beginning        Penambahan/      Pengurangan/        Saldo akhir/
                                       balance           Additions       Deductions        Ending balance

     Aset hak-guna                                                                                                      Right-of-use assets

     Harga perolehan                                                                                                         Acquisition cost
         Bangunan                            217,809          144,605         (123,290)           239,124                       Buildings
         Kendaraan                           235,636           93,664          (70,650)           258,650                       Vehicles

                                             453,445          238,269         (193,940)           497,774

     Akumulasi penyusutan                                                                                          Accumulated depreciation
        Bangunan                              69,540          135,196         (123,290)            81,446                      Buildings
        Kendaraan                            138,069           60,839          (70,650)           128,258                       Vehicles

                                             207,609          196,035         (193,940)           209,704

     Nilai buku bersih                       245,836                                              288,070                   Net book value

     Pada tanggal 31 Desember 2025, semua tanah yang                          As at 31 December 2025, all land owned by the
     dimiliki Perseroan telah bersertifikat Hak Guna                          Company has certificates of Building Right to Use
     Bangunan (“HGB”) dan masa penggunaannya akan                             Titles (“HGB”) and the useful lives are between the
     berakhir antara tahun 2026 - 2055 (2024: 2025 -                          year 2026 - 2055 (2024: 2025 - 2052). Management
     2052). Manajemen berpendapat tidak terdapat                              believes that there will be no difficulty in the extension
     masalah dengan perpanjangan hak atas tanah,                              of the land rights, as all the land was acquired legally
     karena seluruh tanah diperoleh secara sah dan                            and is supported by sufficient evidence of ownership.
     didukung oleh bukti kepemilikan yang memadai.

     Aset tetap, kecuali tanah, telah diasuransikan kepada                    Fixed assets, except land, are insured to PT Asuransi
     PT Asuransi Astra Buana (pihak berelasi) terhadap                        Astra Buana (related party) for potential losses arising
     kemungkinan terjadinya kerugian yang ditimbulkan                         from fire and other risks with a total coverage amount
     dari kebakaran dan risiko lainnya dengan nilai                           of Rp 468,374 as at 31 December 2025 (2024:
     pertanggungan sejumlah Rp 468.374 pada tanggal                           Rp 467,373). Management believes that the
     31 Desember 2025 (2024: Rp 467.373). Manajemen                           insurance coverage is adequate.
     berpendapat bahwa nilai pertanggungan tersebut
     adalah cukup.




                                                           Halaman - 5/54 - Page
Page 538
                                              PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                          31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                           (Expressed in millions of Rupiah, unless otherwise stated)


9.   ASET TETAP (lanjutan)                                                  9.   FIXED ASSETS (continued)

     Tidak terdapat aset tetap yang dijaminkan sebagai                           There are no fixed assets pledged as security
     jaminan sehubungan dengan fasilitas pinjaman yang                           collateral for the Company’s borrowing facilities.
     diperoleh Perseroan.

     Perhitungan keuntungan dari penjualan aset tetap                            The calculation of gain on sale of fixed assets are as
     adalah sebagai berikut:                                                     follows:

                                                             2025                2024

     Harga perolehan                                            127,095              35,274                                            Cost
     Akumulasi penyusutan                                      (126,783)            (35,037)                        Accumulated depreciation

     Nilai tercatat aset tetap yang terjual                          312                 237                   Carrying value fixed assets sold
                                                                                                                       Proceeds from sale of
     Hasil dari penjualan aset tetap                                1,097               2,422                                   fixed assets

     Keuntungan dari penjualan aset                                                                               Gain on sales of fixed assets
       tetap (lihat Catatan 21)                                      785                2,185                             (refer to Note 21)

     Berdasarkan laporan tertanggal 31 Desember 2025                             Based on the report dated 31 December 2025 and
     dan 2024, penilaian atas nilai wajar tanah dan                              2024, valuation to determine the fair values of the
     bangunan yang dimiliki Perseroan di tahun 2025 dan                          Company’s land and buildings in 2025 and 2024 was
     2024 dilakukan oleh Kantor Jasa Penilai Publik Hari                         performed by Kantor Jasa Penilai Publik Hari Utomo
     Utomo dan Rekan, penilai independen yang telah                              dan Rekan, an independent valuer registered with
     teregistrasi pada OJK. Penilaian, yang dilakukan                            OJK. The valuation, which was conducted in
     sesuai dengan Standar Penilaian Internasional,                              accordance with International Valuation Standards,
     ditentukan berdasarkan transaksi pasar terkini yang                         was determined with reference to recent market
     dilakukan dalam ketentuan-ketentuan yang wajar.                             transactions conducted at arm’s length terms. The
     Metode penilaian yang digunakan adalah Metode                               appraisal method used is Market Data Approach
     Pendekatan Data Pasar dan Pendekatan Biaya.                                 Method and Cost Approach. As at 31 December
     Pada tanggal 31 Desember 2025, nilai wajar (hierarki                        2025, fair values (fair value hierarchy level 2) of the
     nilai wajar tingkat 2) tanah dan bangunan yang                              Company’s land and buildings was Rp 356,102
     dimiliki Perseroan bernilai Rp 356.102 (2024:                               (2024: Rp 356,150).
     Rp 356.150).

     Untuk aset tetap selain tanah dan bangunan, tidak                           For fixed assets other than land and building, there is
     ada perbedaan yang signifikan antara nilai wajar                            no significant difference between the fair values and
     dengan nilai tercatatnya.                                                   carrying values.

     Manajemen berkeyakinan bahwa tidak terdapat                                 Management believes that there is no permanent
     penurunan nilai yang permanen atas aset tetap.                              diminution in fixed assets.

     Pada tanggal 31 Desember 2025 dan 2024,                                     As at 31 December 2025 and 2024, the Company
     Perseroan melakukan peninjauan kembali atas masa                            performed a review on useful life, depreciation
     manfaat, metode penyusutan, dan nilai residu aset                           method, and residual value of fixed assets and
     tetap dan menyimpulkan bahwa tidak terdapat                                 concluded that there was no change in those
     perubahan atas metode dan asumsi tersebut.                                  methodology and assumptions.

     Seluruh aset tetap yang ada pada tanggal pelaporan                          All of the fixed assets as at the reporting date are fully
     digunakan untuk menunjang aktivitas operasi                                 used to support the Company’s operation activities.
     Perseroan. Pada tanggal 31 Desember 2025,                                   As at 31 December 2025, there is fully depreciated
     terdapat aset tetap yang telah disusutkan penuh                             assets amounted to Rp                1,704,024 (2024:
     sebesar Rp 1.704.024 (2024: Rp 1.583.366).                                  Rp 1,583,366).




                                                           Halaman - 5/55 - Page
Page 539
                                                PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                                 NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                              31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                              (Expressed in millions of Rupiah, unless otherwise stated)


9.   ASET TETAP (lanjutan)                                                   9.     FIXED ASSETS (continued)

     Aset hak-guna                                                                  Right-of-use assets

     Jumlah pengeluaran kas untuk sewa selama tahun                                 The total cash outflow for leases for the year ended
     berakhir pada tanggal 31 Desember 2025 dan 2024                                31 December 2025 and 2024 was Rp 106,559 and
     masing-masing adalah Rp 106.559 dan Rp 144.605.                                Rp 144,605, respectively.

     Laporan laba rugi menyajikan saldo berikut berkaitan                           Statements of profit or loss shows the following
     dengan sewa:                                                                   amounts related to leases:

                                                                2025                 2024
                                                                                                                            Depreciation expense
     Beban penyusutan aset hak-guna:                                                                                      of right-of-use assets:
      - Bangunan                                                  103,705                135,196                                       Buildings -
      - Kendaraan                                                  64,554                 60,839                                       Vehicles -

                                                                  168,259                196,035

     Beban bunga (lihat Catatan 24)                                 14,468                 13,246              Interest expense (refer to Note 24)

                                                                  182,727                209,281

     Beban berkaitan dengan sewa jangka                                                                        Expense relating to short term lease
      pendek (kurang dari 12 bulan) dan                                                                               (less than 12-months) and
      aset bernilai rendah (lihat Catatan 23)                       91,210                 26,353             low value assets (refer to Note 23)

     Lihat Catatan 26 untuk rincian saldo dan transaksi                             Refer to Note 26 for details of related parties
     dengan pihak berelasi.                                                         balances and transactions.


10. INVESTASI PADA ENTITAS ASOSIASI                                          10. INVESTMENT IN ASSOCIATE

     Pada tanggal 1 Juli 2021, Perseroan melakukan                                  On 1 July 2021, the Company divested its investment
     divestasi penyertaan pada ADA dengan nilai wajar                               in ADA with the total fair value of investment of
     investasi sebesar Rp 41.079 dengan persentase                                  Rp 41,079 with an ownership percentage of 25%
     kepemilikan sebesar 25% (lihat Catatan 1).                                     (refer to Note 1).

     Pada tanggal 14 Februari 2022, Perseroan                                       On 14 February 2022, the Company injected paid up
     menambah setoran modal pada entitas asosiasi,                                  capital in associate, amounted to Rp 75,000, and
     sejumlah Rp 75.000, dan tidak terdapat perubahan                               there is no changes in the Company’s percentage of
     persentase kepemilikan Perseroan di ADA.                                       ownership in ADA.

     Pada tanggal 28 Oktober 2025, Perseroan                                        On 28 October 2025, the Company injected paid up
     menambah setoran modal pada entitas asosiasi,                                  capital in associate, amounted to Rp 50,000, and
     sejumlah Rp 50.000, dan tidak terdapat perubahan                               there is no changes in the Company’s percentage of
     persentase kepemilikan Perseroan di ADA.                                       ownership in ADA.

     Entitas asosiasi yang dimiliki oleh Perseroan pada                             The associated entity which is owned by the
     tanggal 31 Desember 2025 dan 2024 adalah sebagai                               Company as at 31 December 2025 and 2024 is as
     berikut:                                                                       follow:

                                                              Persentase Kepemilikan/
                                                              Percentage of Ownership
                                                  Kegiatan Usaha/        31 Desember/       Nilai tercatat/
     Nama Perusahaan                             Business Activity       December 2025     Carrying Value                             Company Name

                                                  Teknologi keuangan/
     PT Astra Digital Arta ("ADA")                Financial Technology            25.00%             63,312                PT Astra Digital Arta ("ADA")

                                                              Persentase Kepemilikan/
                                                              Percentage of Ownership
                                                  Kegiatan Usaha/        31 Desember/       Nilai tercatat/
     Nama Perusahaan                             Business Activity       December 2024     Carrying Value                             Company Name

                                                  Teknologi keuangan/
     PT Astra Digital Arta ("ADA")                Financial Technology            25.00%             37,257                PT Astra Digital Arta ("ADA")




                                                            Halaman - 5/56 - Page
Page 540
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                        (Expressed in millions of Rupiah, unless otherwise stated)


10. INVESTASI PADA ENTITAS ASOSIASI (lanjutan)                             10. INVESTMENT IN ASSOCIATE (continued)

     Ringkasan laporan keuangan ADA pada tanggal                              Summarised statements of financial position of ADA
     31 Desember 2025 dan 2024 dan untuk tahun yang                           as at 31 December 2025 and 2024 and for the years
     berakhir pada tanggal-tanggal tersebut adalah                            ended are as follows:
     sebagai berikut:

                                                             2025              2024

     Aset                                                      492,643           501,687                                            Assets
     Liabilitas                                                239,395           352,659                                         Liabilities

     Aset bersih                                                253,248            149,028                                     Net assets

     Pendapatan                                                  44,995             62,358                                       Revenue
     Rugi bersih                                                (96,026)           (81,127)                                       Net loss

     Penghasilan komprehensif lain,                                                                         Other comprehensive income,
        setelah pajak                                               246                (81)                                    after tax
     Jumlah rugi komprehensif                                                                                   Total comprehensive loss
        tahun berjalan                                          (95,780)           (81,208)                                for the year

     Jumlah bagian Perseroan atas rugi komprehensif                           Total Company’s share of comprehensive loss and
     dan jumlah tercatat pada entitas asosiasi adalah                         carrying value of associate are as follows:
     sebagai berikut:

                                                             2025              2024

     Saldo awal                                                  37,257             57,559                            Beginning balance
     Penambahan modal                                            50,000                   -                              Capital injection
     Bagian atas rugi bersih                                    (24,007)           (20,282)                             Share of net loss
     Bagian atas penghasilan komprehensif lain                       62                 (20)        Share of other comprehensive income

     Jumlah bagian atas rugi komprehensif                       (23,945)           (20,302)             Total share of comprehensive loss

     Jumlah tercatat                                             63,312             37,257                                 Carrying value

     Rekonsiliasi atas ringkasan informasi keuangan yang                      Reconciliation of the summarised financial
     disajikan terhadap nilai buku dari kepentingan                           information presented to the carrying amount of the
     Perseroan pada entitas asosiasi adalah sebagai                           Company interest in associate are as follows:
     berikut:

                                                             2025              2024

     Pengakuan awal aset bersih                                149,028           230,236                      Net asset initial recognition
     Penambahan modal                                          200,000                 -                                 Capital injection
     Rugi bersih                                               (96,026)          (81,127)                                          Net loss
     Penghasilan komprehensif lain                                                                          Other comprehensive income
        setelah pajak                                               246                (81)                                     after tax

                                                               253,248           149,028
     Persentase kepemilikan efektif                               25%               25%                 Percentage of effective ownership

     Nilai tercatat                                             63,312             37,257                                  Carrying value

     Lihat Catatan 26 untuk rincian saldo dan transaksi                       Refer to Note 26 for details of related parties
     dengan pihak berelasi.                                                   balances and transactions.




                                                           Halaman - 5/57 - Page
Page 541
                                             PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                          31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                            (Expressed in millions of Rupiah, unless otherwise stated)


11. AKRUAL                                                                  11. ACCRUALS

                                                             2025              2024

     Pihak ketiga                                                                                                                     Third parties
       - Insentif dan promosi                                  340,071               323,363                     Incentives and promotions -
       - Bunga pinjaman (lihat Catatan 14)                      90,122                99,831       Interest on borrowings (refer to Note 14) -
       - Bunga dari surat berharga                                                                                                Interest on -
           yang diterbitkan                                     70,235                38,400                             securities issued
       - Tunjangan karyawan lainnya                             54,317                49,735                      Other employee benefits -
       - Jasa tenaga ahli                                       10,713                13,702                               Professional fee -
       - Perbaikan dan utilitas                                  4,013                 3,047                              Utility and repairs -
       - Pelatihan                                               1,935                 1,105                                          Training -
       - Perjalanan dinas                                        1,291                 1,108                                  Business trips -
       - Sewa                                                      861                   346                                             Rent -
       - Perlengkapan kantor                                       491                   630                                 Office supplies -
       - Lain-lain                                               1,817                 1,777                                           Others -

                                                               575,866               533,044

     Akun lain-lain terdiri dari akrual untuk kesejahteraan                    Others consist of accruals for employee welfare,
     karyawan, perekrutan karyawan, upah, jamuan dan                           employee recruitment, wages, entertainment and
     sumbangan.                                                                donations.


12. PERPAJAKAN                                                              12. TAXATION

     a.   Klaim atas restitusi pajak                                           a.     Claim for tax refund

                                                             2025              2024

          Klaim atas restitusi pajak                                7,680             11,844                                  Claim for tax refund

     b. Utang pajak                                                            b.     Taxes payable

                                                             2025              2024

          Pajak penghasilan badan:                                                                                    Corporate income taxes:
            - Pasal 29                                          335,455              230,233                                     Article 29 -
            - Pasal 25                                          113,670              104,818                                     Article 25 -
                                                                449,125              335,051

          Pajak lain-lain:                                                                                                           Other taxes:
            - Pasal 21                                           62,609               54,720                                        Article 21 -
            - Pasal 23 dan 26                                    17,769               13,461                              Articles 23 and 26 -
            - Pasal 4 (2)                                         9,199                5,796                                     Article 4 (2) -
                                                                 89,577               73,977

                                                                538,702              409,028

     c.   Beban pajak penghasilan                                              c.     Income tax expense

                                                             2025              2024
          Pajak kini                                          1,319,292         1,163,154                                            Current tax
          Beban pajak tangguhan                                   1,583            92,699                                  Deferred tax expense

                                                              1,320,875         1,255,853




                                                           Halaman - 5/58 - Page
Page 542
                                                PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                         31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                           (Expressed in millions of Rupiah, unless otherwise stated)


12. PERPAJAKAN (lanjutan)                                                  12. TAXATION (continued)

     c.   Beban pajak penghasilan (lanjutan)                                  c.     Income tax expense (continued)

          Rekonsiliasi antara beban pajak penghasilan                                The reconciliation between income tax expense
          dengan hasil perkalian laba akuntansi sebelum                              and the theoretical tax amount on the
          pajak penghasilan dan tarif pajak yang berlaku                             Company’s profit before income tax and the
          adalah sebagai berikut:                                                    applied tax rate are as follows:

                                                             2025              2024

          Laba sebelum pajak penghasilan                      5,953,504         5,671,387                               Profit before income tax

          Pajak dihitung dengan tarif                                                                              Tax calculated at applicable
             pajak yang berlaku 22%                           1,309,771         1,247,705                                     tax rates 22%
          Dampak pajak penghasilan pada:                                                                                         Tax effects of:
            Rugi entitas asosiasi                                 5,281                4,462              Loss from investment in associate
          Penghasilan kena pajak final                           (2,969)              (4,686)                       Income subject to final tax
          Beban yang tidak dapat dikurangkan                      8,792                8,372                          Non-deductible expense

          Beban pajak penghasilan                             1,320,875         1,255,853                                  Income tax expense

          Rekonsiliasi antara laba sebelum pajak                                     The reconciliation between profit before income
          penghasilan menurut laporan laba rugi dan                                  tax as shown in the statements of profit or loss
          penghasilan komprehensif lain dan taksiran                                 and other comprehensive income and estimated
          penghasilan kena pajak adalah sebagai berikut:                             taxable income is as follows:

                                                             2025              2024
          Laba sebelum pajak penghasilan                      5,953,504         5,671,387                              Profit before income tax
          Ditambah:                                                                                                                       Add:
             Rugi dari entitas asosiasi                          24,007              20,282                Loss from investment in associate
          Laba sebelum pajak                                                                                           Profit before income tax
             penghasilan Perseroan                            5,977,511         5,691,669                                    of the Company
          Perbedaan waktu:                                                                                                 Timing differences:
          - Penyisihan kerugian                                                                                                Allowance for -
              penurunan nilai, penyisihan                                                                    impairment losses, allowance
              kerugian penurunan nilai atas                                                                      for impairment losses for
              piutang pembiayaan dalam                                                                     consumer financing receivables
              perhatian khusus, dan                                                                              with special mention and
              hapus buku                                        (72,680)           (458,212)                                      write-off
          - Beban penyusutan                                        359              (8,196)                          Depreciation expense -
          - Beban penyisihan imbalan
               kerja                                             63,690              44,463                     Employees’ benefit expenses -
          - Aset hak-guna dan liabilitas sewa                     1,436                 588           Right-of-use assets and lease liabilities -

                                                                 (7,195)           (421,357)

          Perbedaan tetap:                                                                                              Permanent differences:
          - Pendapatan bunga yang                                                                                            Interest income -
              telah dikenakan pajak final                       (13,497)            (21,302)                             subject to final tax
          - Beban yang tidak dapat
              dikurangkan                                        39,964              38,055                        Non-deductible expenses -

                                                                 26,467              16,753

                                                                 19,272            (404,604)
          Taksiran penghasilan
            kena pajak                                        5,996,783         5,287,065                             Estimated taxable income

          Estimasi beban pajak
            penghasilan                                       1,319,292         1,163,154                       Estimated income tax expense
          Dikurangi:                                                                                                                      Less:
          - Pajak dibayar dimuka                               (870,167)           (828,103)                                   Prepaid taxes -

          Utang pajak penghasilan                               449,125             335,051                               Income taxes payable

          Perhitungan pajak penghasilan badan untuk                                  The calculation of income tax for the years
          tahun berakhir pada 31 Desember 2025 di atas                               ended 31 December 2025 is a preliminary
          adalah suatu perhitungan sementara yang                                    estimate made for accounting purposes and is
          dibuat untuk tujuan akuntansi dan dapat berubah                            subject to change at the time the Company
          pada waktu Perseroan menyampaikan Surat                                    submits its Annual Tax Return (“SPT”).
          Pemberitahuan Pajak (”SPT”) tahunannya.



                                                           Halaman - 5/59 - Page
Page 543
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                            31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                              (Expressed in millions of Rupiah, unless otherwise stated)


12. PERPAJAKAN (lanjutan)                                                     12. TAXATION (continued)

     c.   Beban pajak penghasilan (lanjutan)                                     c.     Income tax expense (continued)
          Perhitungan pajak penghasilan badan untuk                                     The calculations of income tax for the year
          tahun yang berakhir tanggal 31 Desember 2024                                  ended 31 December 2024 conform to the
          adalah sesuai dengan SPT Tahunan Perseroan.                                   Company’s Annual Tax Return.

          Peraturan Menteri Keuangan No. PMK-136                                        The Minister of Finance Regulation No. PMK-
          Tahun 2024 (“PMK-136”) telah disahkan di                                      136 Year 2024 (“PMK-136”) was enacted in
          Indonesia, yurisdiksi di mana Perusahaan                                      Indonesia, the jurisdiction in which the Company
          didirikan, dan mulai berlaku pada 1 Januari                                   is incorporated, and came into effect from 1
          2025. Pelaporan pertama adalah untuk tahun                                    January 2025. The first filing is for the fiscal year
          pajak, yang berakhir pada 31 Desember 2025,                                   ended 31 December 2025 which will be due by
          akan jatuh tempo pada 30 Juni 2027.                                           30 June 2027.

          Grup berada dalam lingkup aturan model Pilar                                  The Group is within the scope of the OECD Pillar
          Dua OECD dan menerapkan pengecualian                                          Two model rules and applied the exception to
          dalam    pengakuan     serta     pengungkapan                                 recognising and disclosing information about
          informasi mengenai aset dan liabilitas pajak                                  deferred tax assets and liabilities relating to Pillar
          tangguhan yang terkait dengan pajak                                           Two income taxes from 1 January 2025.
          penghasilan Pilar Dua mulai 1 Januari 2025.

          Grup telah melakukan penilaian atas potensi                                   The Group has performed an assessment of the
          eksposur Perseroan terhadap pajak penghasilan                                 Company’s potential exposure to Pillar Two
          Pilar Dua.                                                                    income taxes.

          Berdasarkan penilaian tersebut, sebagian besar                                Based on the assessment, most of the entities in
          entitas dalam Grup beroperasi pada yurisdiksi                                 the Group operate in jurisdiction that have an
          yang memiliki effective tax rate di atas 15%,                                 effective tax rate above 15%, hence the income
          sehingga beban pajak penghasilan terkait pajak                                tax expense related to Pillar Two income taxes in
          penghasilan Pilar Dua di yurisdiksi terkait dinilai                           the relevant jurisdictions is assessed to be
          tidak material.                                                               immaterial.


     d.   Aset pajak tangguhan - bersih                                          d.     Deferred tax assets - net

          Rincian dari aset pajak tangguhan adalah                                      Details of deferred tax assets of the Company
          sebagai berikut:                                                              are as follows:
                                                                          2025
                                                            (Dibebankan)/
                                                              dikreditkan
                                                              ke laporan
                                                               laba rugi/      Dibebankan ke
                                                              (Charged)/          ekuitas/
                                          1 Januari/       credited to profit    Charged to        31 Desember/
                                           January               or loss           equity           December

          Aset pajak tangguhan:                                                                                                    Deferred tax assets:
          Penyisihan kerugian
             penurunan nilai atas                                                                                           Allowance for impairment
             piutang pembiayaan                                                                                      losses of consumer financing
             konsumen dan piutang                                                                                      receivables and consumer
             pembiayaan dalam                                                                                                financing receivables
             perhatian khusus                   138,560            (15,990)                    -          122,570            with special mention
          Penyisihan imbalan                                                                                                    Provision for employee
             kerja                               68,663             14,012               (2,639)           80,036                          benefits
          Selisih penyusutan                                                                                                 Difference in depreciation
             aset tetap antara                                                                                            of fixed assets between
             fiskal dan komersial                     -                 79                     -               79           fiscal and commercial
          Liabilitas sewa                        30,482              5,835                     -           36,317                       Lease liabilities
          Cadangan lindung                                                                                                                    Cash flow
             nilai arus kas                       1,571                  -               35,451            37,022                  hedges reserve
                                                239,276              3,936               32,812           276,024


          Liabilitas pajak tangguhan:                                                                                            Deferred tax liabilities:
          Aset hak-guna                         (28,687)            (5,519)                    -          (34,206)                  Right-of-use assets
          Selisih penyusutan                                                                                                 Difference in depreciation
             aset tetap antara                                                                                            of fixed assets between
             fiskal dan komersial                (1,650)                 -                     -           (1,650)          fiscal and commercial
                                                (30,337)            (5,519)                    -          (35,856)

          Jumlah aset pajak                                                                                                         Total deferred tax
            tangguhan - bersih                  208,939             (1,583)              32,812           240,168                    assets – net



                                                           Halaman - 5/60 - Page
Page 544
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                            31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                              (Expressed in millions of Rupiah, unless otherwise stated)


12. PERPAJAKAN (lanjutan)                                                     12. TAXATION (continued)

     d.   Aset pajak tangguhan - bersih (lanjutan)                               d.     Deferred tax assets - net (continued)
                                                                          2024
                                                            (Dibebankan)/
                                                              dikreditkan
                                                              ke laporan
                                                               laba rugi/      Dibebankan ke
                                                              (Charged)/          ekuitas/
                                          1 Januari/       credited to profit    Charged to        31 Desember/
                                           January               or loss           equity           December

          Aset pajak tangguhan:                                                                                                    Deferred tax assets:
          Penyisihan kerugian
             penurunan nilai atas                                                                                           Allowance for impairment
             piutang pembiayaan                                                                                      losses of consumer financing
             konsumen dan piutang                                                                                      receivables and consumer
             pembiayaan dalam                                                                                                financing receivables
             perhatian khusus                   239,366           (100,806)                    -          138,560            with special mention
          Penyisihan imbalan                                                                                                    Provision for employee
             kerja                               58,783              9,782                  98             68,663                          benefits
          Selisih penyusutan                                                                                                 Difference in depreciation
             aset tetap antara                                                                                            of fixed assets between
             fiskal dan komersial                   153               (153)                    -                -           fiscal and commercial
          Liabilitas sewa                        23,131              7,351                     -           30,482                       Lease liabilities
          Cadangan lindung                                                                                                                    Cash flow
             nilai arus kas                           -                 -                 1,571             1,571                  hedges reserve
                                                321,433            (83,826)               1,669           239,276


          Liabilitas pajak tangguhan:                                                                                            Deferred tax liabilities:
          Aset hak-guna                         (21,465)            (7,222)                    -          (28,687)                  Right-of-use assets
          Selisih penyusutan                                                                                                 Difference in depreciation
             aset tetap antara                                                                                            of fixed assets between
             fiskal dan komersial                      -            (1,650)                    -           (1,650)          fiscal and commercial
          Cadangan lindung                                                                                                                    Cash flow
             nilai arus kas                      (2,928)                 -                2,928                 -                  hedges reserve
                                                (24,393)            (8,872)               2,928           (30,337)

          Jumlah aset pajak                                                                                                         Total deferred tax
            tangguhan - bersih                  297,040            (92,698)               4,597           208,939                    assets – net


          Manajemen berpendapat bahwa nilai aset pajak                                  Management believes that the deferred tax
          tangguhan di atas dapat dipulihkan.                                           assets balances above can be recovered.

          Sesuai dengan ketentuan peralihan dalam                                       Based on the transitional provisions in the
          Peraturan     Menteri      Keuangan      Republik                             Regulation of the Minister of Finance of the
          Indonesia Nomor 74 Tahun 2024, Perseroan                                      Republic of Indonesia Number 74 of 2024, the
          telah melaksanakan perhitungan nilai tercatat                                 Company has calculated the carrying value of
          cadangan piutang tak tertagih untuk awal tahun                                the allowance for doubtful accounts for the
          fiskal 2024 dan selisih lebih diakui sebagai biaya                            beginning of the fiscal year 2024, and the excess
          yang dibebankan seluruhnya untuk tahun fiskal                                 is recognised as an expense fully charged to the
          2024.                                                                         fiscal year 2024.

     e.   Pemeriksaan pajak                                                      e. Tax assessments

          Tahun fiskal 2019                                                             Fiscal year 2019

          Pada tanggal 1 November 2023, Perseroan                                       On 1 November 2023, the Company received a
          menerima surat dari Direktorat Jenderal Pajak                                 letter from Directorate General of Taxes (“DJP”)
          (“DJP”) perihal Pemberitahuan Pemeriksaan                                     regarding the Notification of Field Audit for the
          Audit tahun fiskal 2019.                                                      fiscal year 2019.

          Pada tanggal 20 September 2024, Perseroan                                     On 20 September 2024, the Company received
          telah menerima Surat Ketetapan Pajak (“SKP”).                                 a Tax Assessment Letter (“SKP”) to confirmed
          SKP tersebut menetapkan kurang bayar atas                                     underpayment of value added tax (“VAT”),
          Pajak Pertambahan Nilai (“PPN”), Pajak                                        current income tax (“CIT”), income tax article 21,
          Penghasilan (“PPh”) Badan, PPh 21, PPh 23                                     income tax article 23, and income tax article 4 (2)
          dan PPh Pasal 4 (2) dengan jumlah keseluruhan                                 with total amount Rp 2,303 (including penalty).
          sebesar Rp 2.303 (termasuk denda).

          Pada tanggal 16 Oktober 2024, kurang bayar ini                                On 16 October 2024, this underpayment has
          telah dibayar sebesar Rp 2.303                                                been paid amounting Rp 2,303.

                                                           Halaman - 5/61 - Page
Page 545
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                      31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                      (Expressed in millions of Rupiah, unless otherwise stated)


12. PERPAJAKAN (lanjutan)                                               12. TAXATION (continued)

     e.   Pemeriksaan pajak (lanjutan)                                       e. Tax assessments (continued)

          Tahun fiskal 2018                                                        Fiscal year 2018

          Pada tanggal 23 Agustus 2021, Perseroan                                  On 23 August 2021, the Company received a
          menerima surat dari Direktorat Jenderal Pajak                            letter from Directorate General of Taxes
          perihal Pemberitahuan Pemeriksaan Audit tahun                            regarding the Notification of Field Audit for the
          fiskal 2018.                                                             fiscal year 2018.

          Pada tanggal 8 Desember 2022, Perseroan                                  On 8 December 2022, the Company received a
          telah menerima Surat Ketetapan Pajak. SKP                                Tax     Assessment      Letter   to   confirmed
          tersebut menetapkan kurang bayar atas PPN,                               underpayment of VAT, CIT, income tax article
          PPh Badan, PPh 21, PPh 23 dan PPh Pasal 4                                21, income tax article 23, and income tax article
          (2) dengan jumlah keseluruhan sebesar                                    4 (2) with total amount Rp 7,997 (including
          Rp 7.997 (termasuk denda).                                               penalty).

          Kurang bayar ini telah dibayar pada tanggal                              The underpayment has been paid on 19 January
          19 Januari 2023 dan sebagian telah dibukukan                             2023 and a portion has been booked in claim for
          pada klaim atas restitusi pajak.                                         tax refund.

          Perseroan telah mengajukan keberatan pada                                The Company has filed an objection on
          tanggal 14 Maret 2023 atas SKP terkait dengan                            14 March 2023 related to the underpayment of
          kurang bayar atas PPN sebesar Rp 2.101 dan                               VAT amounting Rp 2,101 and overall has been
          ditolak oleh Kantor Pajak pada tanggal                                   rejected by Tax Office on 27 February 2024.
          27 Februari 2024.

          Perseroan telah mengajukan banding pada                                  The Company filed an appeal on 19 April 2024
          tanggal 19 April 2024 terkait dengan kekurangan                          related to underpayment of VAT and on 11
          pembayaran PPN dan pada tanggal 11 Februari                              February 2025, the Company received the
          2025, Perseroan menerima surat keputusan                                 appeal decision letter from the Tax Court, which
          hasil banding dari pengadilan pajak yang                                 partially granted the Company’s appeal
          mengabulkan sebagian dari permohonan                                     regarding VAT for the 2018 fiscal year
          Perseroan atas PPN untuk pajak tahun 2018                                amounting to Rp 1,783 of the amount previously
          sebesar Rp 1.783 dari yang diklaim sebelumnya                            claimed by the Company.
          oleh Perseroan.

          Pada tanggal 02 Mei 2025, Perseroan                                      On 2 May 2025, the Company filed a judicial
          mengajukan peninjauan kembali ke Mahkamah                                review to the Supreme Court in relation to VAT
          Agung terkait dengan PPN senilai Rp 306.                                 amounting to Rp 306. As of the date of these
          Sampai dengan tanggal laporan keuangan ini                               financial statements, the Company is still
          Perseroan masih menunggu hasil formal dari                               awaiting the formal decision from the Supreme
          Mahkamah Agung.                                                          Court.

          Pada tanggal 6 Mei 2025 DJP juga mengajukan                              On 6 May 2025, the Directorate General of
          peninjauan kembali ke Mahkamah Agung terkait                             Taxes also filed a judicial review to the Supreme
          dengan hasil banding yang dikabulkan oleh                                Court in relation to the appeal decision granted
          pengadilan pajak sebesar Rp 1.783. Sampai                                by the Tax Court amounting to Rp 1,783. As of
          dengan tanggal laporan keuangan ini, Perseroan                           the date of these financial statements, the
          masih menunggu hasil formal dari Mahkamah                                Company is still awaiting the formal decision
          Agung.                                                                   from the Supreme Court.

          Tahun fiskal 2017                                                        Fiscal year 2017

          Pada tanggal 3 September 2020, Perseroan                                 On 3 September 2020, the Company received
          menerima Surat Ketetapan Pajak untuk tahun                               Tax Assessment Letter for the fiscal year 2017.
          fiskal 2017. SKP tersebut menetapkan kurang                              The assessment confirmed underpayment of
          bayar atas PPN, PPh Badan, PPh 21, PPh 23                                VAT, CIT, income tax article 21, income tax
          dan PPh 4 (2) dengan jumlah keseluruhan                                  article 23 and income tax article 4 (2) with total
          sebesar Rp 61.474 (termasuk denda).                                      amount Rp 61,474 (including penalty).




                                                           Halaman - 5/62 - Page
Page 546
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                      31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                      (Expressed in millions of Rupiah, unless otherwise stated)


12. PERPAJAKAN (lanjutan)                                               12. TAXATION (continued)

     e.   Pemeriksaan pajak (lanjutan)                                       e. Tax assessments (continued)

          Tahun fiskal 2017 (lanjutan)                                             Fiscal year 2017 (continued)

          Kurang bayar ini telah dibayar pada tanggal                              This underpayment has been paid on
          24 September 2020 dan sebagian telah                                     24 September 2020 and a portion has been
          dibukukan pada klaim atas restitusi pajak.                               booked in claim for tax refund. The Company
          Perseroan telah mengajukan keberatan atas                                has filed an objection related to the
          SKP terkait dengan kurang bayar atas PPN dan                             underpayment of VAT and CIT amounting
          PPh Badan sebesar Rp 58.644 pada tanggal                                 Rp 58,644 on 20 November 2020.
          20 November 2020.

          Pada tanggal 18 Oktober 2021, Perseroan                                  On 18 October 2021, the Company received
          menerima Surat Keputusan Keberatan atas                                  Objection Decision Letter on CIT and VAT
          Surat Ketetapan Pajak PPh Badan dan PPN                                  assessment letter. On that objection decision,
          (“PPN”). Dalam surat keputusan keberatan                                 Tax Office only agreed on CIT objection request
          tersebut, Kantor Pajak hanya menyetujui                                  amounting to Rp 8,890. On 14 January 2022, the
          permohonan keberatan pajak PPh Badan                                     Company submitted the request for appeal on
          sebesar Rp 8.890. Pada tanggal 14 Januari                                above objection that have not been granted to
          2022, Perseroan telah mengajukan permohonan                              the tax court.
          banding atas keberatan yang belum dikabulkan
          ke pengadilan pajak.

          Pada tanggal 16 Februari 2024, Perseroan                                 On 16 February 2024, the Company received
          menerima surat keputusan hasil banding dari                              the decision letter confirming the result of the
          pengadilan pajak yang mengabulkan sebagian                               appeal from tax court that only approved the
          dari permohonan Perseroan atas PPN untuk                                 Company’s underpayment of VAT for fiscal year
          pajak tahun 2017 sebesar Rp 48.585 dari yang                             2017 amounting to Rp 48,585 from the amount
          diklaim sebelumnya oleh Perseroan.                                       originally claimed by the Company.

          Pada tanggal 18 April 2024, Perseroan                                    On 18 April 2024, the Company submitted for
          mengajukan peninjauan kembali ke Mahkamah                                judicial review to the Supreme Court related to
          Agung terkait dengan PPN senilai Rp 1.168.                               the underpayment of VAT amounting to 1,168.
          Permohonan Peninjauan Kembali sebagian                                   A partial decision on the judicial review
          telah dikeluarkan oleh Mahkamah Agung,                                   application has been issued by the Supreme
          dimana total permohonan Peninjauan Kembali                               Court, whereby a total amount of Rp 878 of the
          ditolak sebesar Rp 878. Sampai dengan tanggal                            judicial review application was rejected. As of the
          laporan keuangan ini, Perseroan masih                                    date of these financial statements, the Company
          menunggu sisa hasil keputusan Peninjauan                                 is still awaiting the remaining judicial review
          Kembali.                                                                 decision.

          Pada tanggal 3 Mei 2024, DJP juga mengajukan                             On 3 May 2024, the tax office has filed a judicial
          peninjauan kembali ke Mahkamah Agung terkait                             review against the decision of this appeal related
          dengan hasil banding yang dikabulkan oleh                                Tax Appeal approve by tax court amounting to
          pengadilan pajak sebesar Rp 48.585. Hasil                                Rp 48,585. The decision on the judicial review
          keputusan Permohonan Peninjauan Kembali                                  application has been issued by the Supreme
          telah dikeluarkan oleh Mahkamah Agung,                                   Court, whereby the entire judicial review
          dimana seluruh permohonan Peninjauan                                     application was rejected.
          Kembali ditolak.

          Tahun fiskal 2016                                                        Fiscal year 2016

          Pada tanggal 6 Desember 2018, Perseroan                                  On 6 December 2018, the Company received
          menerima Surat Ketetapan Pajak untuk tahun                               tax assessment letter for the fiscal year 2016.
          fiskal 2016. SKP tersebut menetapkan kurang                              The assessment confirmed underpayment of
          bayar atas PPN, PPh Badan, PPh 21, PPh 23,                               VAT, CIT, income tax article 21, income tax
          PPh 26 dan PPh 4 (2) dengan jumlah                                       article 23, income tax article 26 and income tax
          keseluruhan sebesar Rp 52.410 (termasuk                                  article 4 (2) with total amount Rp 52,410
          denda).                                                                  (including penalty).




                                                           Halaman - 5/63 - Page
Page 547
                                                 PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                       31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                       (Expressed in millions of Rupiah, unless otherwise stated)


12. PERPAJAKAN (lanjutan)                                                 12. TAXATION (continued)

     e.       Pemeriksaan pajak (lanjutan)                                   e. Tax assessments (continued)
              Tahun fiskal 2016 (lanjutan)                                          Fiscal year 2016 (continued)

              Kurang bayar ini telah dibayar pada tanggal                           This underpayment has been paid on
              19 Desember 2018 dan sebagian telah                                   19 December 2018 and a portion has been
              dibukukan pada klaim atas restitusi pajak.                            booked in claim for tax refund. The Company has
              Perseroan telah mengajukan keberatan atas                             filed an objection related to the underpayment of
              SKP terkait dengan kurang bayar atas PPN                              VAT amounting Rp 38,022 and overall has been
              sebesar Rp 38.022 dan ditolak oleh Kantor                             rejected by Tax Office on 8 November 2019 and
              Pajak pada tanggal 8 November 2019 dan                                10 December 2019. On 5 February 2020, the
              10 Desember 2019. Pada tanggal 5 Februari                             Company submitted the request for appeal on
              2020, Perseroan telah mengajukan permohonan                           the above objection that have not been granted
              banding keberatan yang belum dikabulkan ke                            to the Tax Court.
              pengadilan pajak.

              Pada tanggal 15 Oktober 2021, Perseroan                               On 15 October 2021, the Company received the
              menerima surat keputusan hasil banding dari                           decision letter confirming the result of the appeal
              pengadilan pajak yang mengabulkan sebagian                            from tax court that only approved the Company’s
              dari permohonan Perseroan atas PPN untuk                              underpayment of VAT for fiscal year 2016
              pajak tahun 2016 sebesar Rp 17.512 dari yang                          amounting to Rp 17,512 from the amount
              diklaim sebelumnya oleh Perseroan.                                    originally claimed by the Company.

              Pada tanggal 12 Januari 2022, Perseroan                               On 12 January 2022, the Company submitted for
              mengajukan peninjauan kembali ke Mahkamah                             judicial review to the Supreme Court. Judicial
              Agung. Permohonan Peninjauan Kembali                                  review request has been partially issued by the
              sebagian telah dikeluarkan oleh Mahkamah                              Supreme Court, where the total judicial review
              Agung, dimana total permohonan Peninjauan                             request won by the Company amounting to
              Kembali dimenangkan oleh Perseroan sebesar                            Rp 15,573 and rejected by the Supreme Court
              Rp 15.573 dan ditolak oleh Mahkamah Agung                             amounted to Rp 2,848. Up to the date of this
              sebesar Rp 2.848. Sampai dengan tanggal                               financial statements, for the remaining judicial
              laporan keuangan ini, atas sisa permohonan                            review request by DJP amounting to Rp 22, the
              peninjauan kembali oleh DJP sebesar Rp 22,                            Company is still waiting for the formal result from
              Perseroan masih menunggu hasil formal dari                            Supreme Court.
              Mahkamah Agung.


13. UTANG LAIN-LAIN                                                       13. OTHER PAYABLES
                                                             2025             2024

     Pihak ketiga                                                                                                               Third parties

          -   Liabilitas sewa                                   110,745             98,745                              Lease liabilities   -
          -   Dana sosial                                        17,383             10,988                                  Social fund     -
          -   Titipan premi asuransi konsumen                     3,035              2,927   Insurance premium payment from customer        -
          -   Klaim asuransi konsumen                             1,428                291                    Customer insurance claim      -
          -   Kliring konsumen                                    1,058              2,117                  Customer clearing accounts      -
          -   Uang muka dari konsumen                               960              1,324           Advances payment from customers        -
          -   Uang muka perpanjangan                                                                   Advances payment for renewal of      -
                surat tanda kendaraan bermotor                      817               425        motor vehicles ownership certificates

                                                                135,426            116,817
     Pihak berelasi                                                                                                         Related parties
       - Liabilitas sewa                                         54,333             39,811                              Lease liabilities -
       - Kliring konsumen                                        27,776             55,455                  Customer clearing accounts -

                                                                 82,109             95,266

                                                                217,535            212,083

     Lihat Catatan 26 untuk rincian saldo dan transaksi                      Refer to Note 26 for details of related parties
     dengan pihak berelasi.                                                  balances and transactions.




                                                           Halaman - 5/64 - Page
Page 548
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                       31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                      (Expressed in millions of Rupiah, unless otherwise stated)


14. PINJAMAN                                                              14. BORROWINGS

                                                             2025            2024
     Pihak ketiga                                                                                                         Third parties
     Pinjaman bank                                                                                                          Bank loans
       Rupiah                                                                                                                 Rupiah
       PT Bank Pan Indonesia Tbk                              3,579,560       3,693,668                   PT Bank Pan Indonesia Tbk
       PT Bank Mandiri (Persero) Tbk                          3,376,120       4,856,297                PT Bank Mandiri (Persero) Tbk
       Standard Chartered Indonesia                           2,496,389       1,819,876                 Standard Chartered Indonesia
       PT Bank Central Asia Tbk                               1,746,769       3,034,444                     PT Bank Central Asia Tbk
       MUFG Bank Ltd, Cabang Jakarta                          1,140,000       1,140,000               MUFG Bank Ltd, Jakarta Branch
       Deutsche Bank AG                                         650,000               -                           Deutsche Bank AG
       PT Bank Mizuho Indonesia                                 500,000               -                    PT Bank Mizuho Indonesia
       PT Bank Syariah Indonesia (Persero) Tbk                  458,333               -       PT Bank Syariah Indonesia (Persero) Tbk
       PT Bank Rakyat Indonesia (Persero) Tbk                   416,197               -       PT Bank Rakyat Indonesia (Persero) Tbk
       PT Bank SBI Indonesia                                    299,711               -                        PT Bank SBI Indonesia
       PT Bank Negara Indonesia (Persero) Tbk                   291,662         458,323       PT Bank Negara Indonesia (Persero) Tbk
       PT Bank Muamalat Indonesia Tbk                           277,515         110,918             PT Bank Muamalat Indonesia Tbk
       PT Bank ANZ Indonesia                                    240,000               -                       PT Bank ANZ Indonesia
       PT Bank BCA Syariah                                      111,030         177,580                         PT Bank BCA Syariah
       PT Bank Maybank Indonesia Tbk                             83,310         249,832              PT Bank Maybank Indonesia Tbk
       PT Bank Panin Dubai Syariah Tbk                           72,790         156,802             PT Bank Panin Dubai Syariah Tbk
       PT Bank SMBC Indonesia Tbk                                     -         775,000                PT Bank SMBC Indonesia Tbk

                                                             15,739,386      16,472,740
       Dolar AS                                                                                                           US Dollar
       PT Bank CIMB Niaga Tbk                                   746,799                  -                   PT Bank CIMB Niaga Tbk

                                                             16,486,185      16,472,740

     Pinjaman sindikasi                                                                                               Syndicated loans
       Dolar AS                                                                                                             US Dollar
       PT Bank HSBC Indonesia                                 3,235,639       5,523,785                     PT Bank HSBC Indonesia
       CTBC Bank Co., Ltd                                     2,830,715               -                           CTBC Bank Co., Ltd
       Bank of China (Hong Kong)                                                                           Bank of China (Hong Kong)
        Limited Cabang Jakarta                                2,176,552                  -                   Limited Jakarta Branch
       PT Bank DBS Indonesia                                          -            739,677                   PT Bank DBS Indonesia
                                                              8,242,906       6,263,462
                                                             24,729,091      22,736,202

     Berikut adalah nilai tercatat atas jumlah pinjaman                      Below is the carrying amount of the borrowings
     Perseroan dan beban bunga yang masih harus                              owned by the Company and accrued interest
     dibayar:                                                                expense:
                                                             2025            2024

     Pinjaman                                                24,729,091      22,736,202                                        Borrowings
     Beban bunga yang masih harus dibayar                                                                       Accrued interest expense
        (lihat Catatan 11)                                       90,122             99,831                           (refer to Note 11)
                                                             24,819,213      22,836,033

     Angsuran pinjaman sesuai dengan tanggal jatuh                           Borrowings have the following settlement aging
     temponya:                                                               profile:
                                                             2025            2024

     < 1 tahun                                               16,137,589      13,586,090                                          < 1 year
     1 - 2 tahun                                              6,400,246       6,341,275                                       1 - 2 years
     2 - 3 tahun                                              2,191,256       2,808,837                                       2 - 3 years

                                                             24,729,091      22,736,202




                                                           Halaman - 5/65 - Page
Page 549
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                    31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                      (Expressed in millions of Rupiah, unless otherwise stated)


14. PINJAMAN (lanjutan)                                                 14. BORROWINGS (continued)

     Pada tanggal 31 Desember 2025, pinjaman -                               As at 31 December 2025, the above borrowings bear
     pinjaman tersebut di atas dikenakan suku bunga                          interest rates ranging between 4.27% - 7.15% per
     4,27% - 7,15% per tahun untuk mata uang Rupiah                          annum for Rupiah currency (2024: 5.20% - 7.20%),
     (2024: 5,20% - 7,20%), antara 4,39% - 4,71% per                         between 4.39% - 4.71% per annum for US Dollar
     tahun untuk mata uang Dolar AS (2024: 5,03% -                           currency (2024: 5.03% - 5.69%). All borrowings as of
     5,69%). Seluruh pinjaman bank per tanggal                               31 December 2025 and 2024 are not secured with
     31 Desember 2025 dan 2024 tidak dijamin dengan                          fiduciary (refer to Note 5).
     jaminan fidusia (lihat Catatan 5).

     Pembayaran bunga dan pokok pinjaman telah                               Interest and principal loan payments have been paid
     dibayarkan oleh Perseroan sesuai dengan jadwal.                         by the Company on schedule.

     Sesuai dengan beberapa perjanjian pinjaman,                             As specified by the loan agreements, the borrowers
     debitur diwajibkan memenuhi kewajiban-kewajiban                         are required to comply with certain covenants, such
     tertentu seperti batasan rasio keuangan.                                as financial ratio covenants.

     Beberapa fasilitas pinjaman sindikasi di atas                           Some syndicated loan facilities above require the
     mensyaratkan Perseroan untuk memberikan                                 Company to provide written notice in respect of
     pemberitahuan tertulis dalam hal pembagian dividen,                     dividend payments, changes of capital and
     perubahan modal dan pemegang saham, perubahan                           shareholders,     changes       of    directors and
     susunan direksi dan komisaris dan perubahan bisnis                      commissioners and changes of main business.
     utama. Dalam perjanjian pinjaman tersebut,                              Under the loan agreement, the Company is obliged
     Perseroan diwajibkan untuk menjaga rasio jumlah                         to maintain debt to equity ratio at the maximum 10:1
     pinjaman terhadap ekuitas tidak melebihi rasio 10:1                     and other reporting obligations.
     dan kewajiban penyampaian laporan lainnya.

     Perseroan  telah   memenuhi    pembatasan-                              The Company has fulfilled the debt covenants
     pembatasan yang diwajibkan dalam perjanjian                             requirements outlined in loan agreements.
     pinjaman.

     PT Bank Pan Indonesia Tbk                                               PT Bank Pan Indonesia Tbk

     Pada tanggal 31 Mei 2021, Perseroan telah                               On 31 May 2021, the Company obtained a long-term
     menerima fasilitas jangka panjang dari PT Bank Pan                      credit facility from PT Bank Pan Indonesia Tbk
     Indonesia Tbk sebesar Rp 1.000.000. Perseroan                           amounted to Rp 1,000,000. The Company has fully
     telah menggunakan seluruh fasilitas ini melalui                         utilised this facility amounted through drawdown on
     penarikan pada tanggal 31 Agustus 2021,                                 31 August 2021, 30 December 2021, 29 June 2022,
     30 Desember 2021, 29 Juni 2022, dan 4 Juli 2022                         and 4 July 2022 where each drawdown is amounted
     masing-masing sejumlah Rp 100.000, Rp 300.000,                          to Rp 100,000, Rp 300,000, Rp 300,000, and,
     Rp 300.000, dan Rp 300.000.                                             Rp 300,000, respectively.

     Fasilitas ini memiliki jatuh tempo 3 tahun setelah                      This facility will mature 3 years after the drawdown
     tanggal penarikan yaitu masing-masing pada tanggal                      date, respectively on 31 August 2024, 30 December
     31 Agustus 2024, 30 Desember 2024, 27 Juni 2025,                        2024, 27 June 2025, and 4 July 2025 with quarterly
     dan 4 Juli 2025 dengan cicilan pembayaran pokok                         repayment commenced 3 months after each
     pinjaman triwulan yang dimulai 3 bulan sejak setiap                     drawdown date. This facility has been repaid at
     tanggal penarikan. Fasilitas ini telah dilunasi pada                    maturity date and was not renewed.
     saat jatuh tempo dan tidak diperpanjang.




                                                           Halaman - 5/66 - Page
Page 550
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                    31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                      (Expressed in millions of Rupiah, unless otherwise stated)


14. PINJAMAN (lanjutan)                                                 14. BORROWINGS (continued)

     PT Bank Pan Indonesia Tbk (lanjutan)                                    PT Bank Pan Indonesia Tbk (continued)

     Pada tanggal 6 September 2022, Perseroan telah                          On 6 September 2022, the Company obtained a
     menerima fasilitas jangka panjang dari PT Bank Pan                      long-term credit facility from PT Bank Pan Indonesia
     Indonesia Tbk sebesar Rp 1.000.000. Perseroan                           Tbk amounted to Rp 1,000,000. The Company has
     telah menggunakan seluruh fasilitas ini sebesar                         fully utilised this facility amounted at Rp 1,000,000
     Rp 1.000.000 melalui penarikan pada tanggal                             through drawdown on 30 September 2022,
     30 September 2022, 20 Oktober 2022, dan                                 20 October 2022, and 12 December 2022 where
     12 Desember 2022 masing-masing sebesar                                  each drawdown is amounted to Rp 100,000,
     Rp 100.000, Rp 500.000, dan Rp 400.000. Fasilitas                       Rp 500,000, and Rp 400,000, respectively. This
     ini memiliki jatuh tempo 3 tahun setelah tanggal                        facility will mature 3 years after the drawdown date,
     penarikan yaitu pada tanggal 30 September 2025,                         respectively on 30 September 2025, 20 October
     20 Oktober 2025, dan 12 Desember 2025 dengan                            2025, and 12 December 2025 with quarterly
     cicilan pembayaran pokok pinjaman triwulan yang                         repayment commenced 3 months after each
     dimulai 3 bulan sejak setiap tanggal penarikan.                         drawdown date. This facility has been repaid at
     Fasilitas ini telah dilunasi pada saat jatuh tempo dan                  maturity date and was not renewed.
     tidak diperpanjang.

     Pada tanggal 29 Maret 2023, Perseroan telah                             On 29 March 2023, the Company obtained a long-
     menerima fasilitas jangka panjang dari PT Bank Pan                      term credit facility from PT Bank Pan Indonesia Tbk
     Indonesia Tbk sebesar Rp 1.500.000. Perseroan                           amounted to Rp 1,500,000. The Company has fully
     telah menggunakan seluruh fasilitas ini melalui                         utilised this facility through drawdown on 13 April
     penarikan pada tanggal 13 April 2023 dan 10 Mei                         2023 and 10 May 2023 each amounted to
     2023 masing- masing sebesar Rp 600.000 dan                              Rp 600,000 and Rp 900,000, respectively. This
     Rp 900.000. Fasilitas ini memiliki jatuh tempo 3 tahun                  facility will mature 3 years after the drawdown date,
     setelah tanggal penarikan yaitu pada tanggal 13 April                   respectively on 13 April 2026 and 8 May 2026 with
     2026 dan 8 Mei 2026 dengan cicilan pembayaran                           quarterly repayment commenced 3 months after
     pokok pinjaman triwulan yang dimulai 3 bulan sejak                      each drawdown date.
     setiap tanggal penarikan.

     Pada tanggal 13 Oktober 2023, Perseroan telah                           On 13 October 2023, the Company obtained a long-
     menerima fasilitas jangka panjang dari PT Bank Pan                      term credit facility from PT Bank Pan Indonesia Tbk
     Indonesia Tbk sebesar Rp 1.000.000. Perseroan                           amounted to Rp 1,000,000. The Company has fully
     telah menggunakan seluruh fasilitas ini melalui                         utilised this facility through a drawdown on
     penarikan pada tanggal 20 Oktober 2023 sebesar                          20 October 2023 amounted to Rp 1,000,000. This
     Rp 1.000.000. Fasilitas ini memiliki jatuh tempo                        facility will mature 3 years after the drawdown date,
     3 tahun setelah tanggal penarikan yaitu pada tanggal                    on 20 October 2026 with quarterly repayment
     20 Oktober 2026 dengan cicilan pembayaran pokok                         commenced 3 months after each drawdown date.
     pinjaman triwulan yang dimulai 3 bulan sejak setiap
     tanggal penarikan.

     Pada tanggal 6 Mei 2024, Perseroan telah                                On 6 May 2024, the Company obtained a long-term
     memperoleh fasilitas jangka panjang dari PT Bank                        credit facility from PT Bank Pan Indonesia Tbk
     Pan Indonesia Tbk sebesar Rp 1.000.000.                                 amounted to Rp 1,000,000. The Company has fully
     Perseroan telah menggunakan seluruh fasilitas ini                       utilised this facility through a drawdown on 20 May
     melalui penarikan pada tanggal 20 Mei 2024 sebesar                      2024 amounted to Rp 1,000,000. This facility will
     Rp 1.000.000. Fasilitas ini memiliki jatuh tempo                        mature 3 years after the drawdown date, on 20 May
     3 tahun setelah tanggal penarikan yaitu pada tanggal                    2027, with quarterly repayment commenced
     20 Mei 2027 dengan cicilan pembayaran pokok                             3 months after each drawdown date.
     pinjaman triwulan yang dimulai 3 bulan sejak setiap
     tanggal penarikan.

     Pada tanggal 19 Desember 2024, Perseroan telah                          On 19 December 2024, the Company obtained a
     memperoleh fasilitas jangka panjang dari PT Bank                        long-term credit facility from PT Bank Pan Indonesia
     Pan Indonesia Tbk sebesar Rp 1.000.000.                                 Tbk amounted to Rp 1,000,000. The Company has
     Perseroan telah menggunakan seluruh fasilitas ini                       fully utilised this facility through a drawdown on
     melalui penarikan pada tanggal 20 Desember 2024                         20 December 2024 amounted to Rp 1,000,000.
     sebesar Rp 1.000.000.




                                                           Halaman - 5/67 - Page
Page 551
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                    31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                      (Expressed in millions of Rupiah, unless otherwise stated)


14. PINJAMAN (lanjutan)                                                 14. BORROWINGS (continued)

     PT Bank Pan Indonesia Tbk (lanjutan)                                    PT Bank Pan Indonesia Tbk (continued)

     Fasilitas ini memiliki jatuh tempo 3 tahun setelah                      This facility will mature 3 years after the drawdown
     tanggal penarikan yaitu pada tanggal 20 Desember                        date, on 20 December 2027, with quarterly
     2027 dengan cicilan pembayaran pokok pinjaman                           repayment commenced 3 months after each
     triwulan yang dimulai 3 bulan sejak setiap tanggal                      drawdown date.
     penarikan.
     Pada tanggal 18 Juni 2025, Perseroan telah                              On 18 June 2025, the Company obtained a long-
     memperoleh fasilitas jangka panjang dari PT Bank                        term credit facility from PT Bank Pan Indonesia Tbk
     Pan Indonesia Tbk sebesar Rp 1.000.000.                                 amounted to Rp 1,000,000. The Company has fully
     Perseroan telah menggunakan seluruh fasilitas ini                       utilised this facility through a drawdown on 20 June
     melalui penarikan pada tanggal 20 Juni 2025                             2025 amounted to Rp 1,000,000. This facility will
     sebesar Rp 1.000.000. Fasilitas ini memiliki jatuh                      mature 3 years after the drawdown date, on 20 June
     tempo 3 tahun setelah tanggal penarikan yaitu pada                      2028, with quarterly repayment commenced
     tanggal 20 Juni 2028 dengan cicilan pembayaran                          3 months after each drawdown date.
     pokok pinjaman triwulan yang dimulai 3 bulan sejak
     setiap tanggal penarikan.

     Pada tanggal 31 Oktober 2025, Perseroan telah                           On 31 October 2025, the Company obtained a long-
     memperoleh fasilitas jangka panjang dari PT Bank                        term credit facility from PT Bank Pan Indonesia Tbk
     Pan Indonesia Tbk sebesar Rp 1.000.000.                                 amounted to Rp 1,000,000. The Company has fully
     Perseroan telah menggunakan seluruh fasilitas ini                       utilised this facility through a drawdown on
     melalui penarikan pada tanggal 17 November 2025                         17 November 2025 amounted to Rp 1,000,000. This
     sebesar Rp 1.000.000. Fasilitas ini memiliki jatuh                      facility will mature 3 years after the drawdown date,
     tempo 3 tahun setelah tanggal penarikan yaitu pada                      on 17 November 2028, with quarterly repayment
     tanggal 17 November 2028 dengan cicilan                                 commenced 3 months after each drawdown date.
     pembayaran pokok pinjaman triwulan yang dimulai
     3 bulan sejak setiap tanggal penarikan.

     Selama tahun 2025, Perseroan telah melakukan                            During 2025, The Company has paid loan facilities
     pembayaran atas fasilitas pinjaman dari PT Bank                         from PT Bank Pan Indonesia Tbk amounted to
     Pan Indonesia Tbk sebesar Rp 2.116.667                                  Rp 2,116,667 (2024: Rp 1,658,333).
     (2024: Rp 1.658.333).

     Pembayaran bunga dan pokok pinjaman telah                               Interest and principal have been paid by the
     dibayarkan oleh Perseroan sesuai dengan jadwal.                         Company on schedule.

     Pada tanggal 31 Desember 2025, total saldo                              As at 31 December 2025, total outstanding balance
     terutang atas pinjaman terhadap PT Bank Pan                             from PT Bank Pan Indonesia Tbk amounted to
     Indonesia Tbk sebesar Rp 3.579.560 (2024:                               Rp 3,579,560 (2024: Rp 3,693,668).
     Rp 3.693.668).

     PT Bank Mandiri (Persero) Tbk                                          PT Bank Mandiri (Persero) Tbk

     Pada tanggal 4 November 2015, Perseroan telah                          On 4 November 2015, the Company obtained a
     menerima fasilitas pinjaman jangka pendek dari                         short-term loan facility from PT Bank Mandiri
     PT Bank Mandiri (Persero) Tbk sebesar Rp 500.000.                      (Persero) Tbk amounted to Rp 500,000. This facility
     Fasilitas ini telah jatuh tempo pada 20 Desember                       has matured on 20 December 2025 and has been
     2025 dan telah diperpanjang hingga 20 Desember                         extended until 20 December 2026
     2026.




                                                           Halaman - 5/68 - Page
Page 552
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                    31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                      (Expressed in millions of Rupiah, unless otherwise stated)


14. PINJAMAN (lanjutan)                                                 14. BORROWINGS (continued)

     PT Bank Mandiri (Persero) Tbk (lanjutan)                                PT Bank Mandiri (Persero) Tbk (continued)

     Pada tanggal 27 Mei 2021, Perseroan telah                              On 27 May 2021, the Company obtained a long-term
     menerima fasilitas jangka panjang dari PT Bank                         credit facility from PT Bank Mandiri (Persero) Tbk
     Mandiri (Persero) Tbk sebesar Rp 1.500.000.                            amounted to Rp 1,500,000. The Company has fully
     Perseroan telah menggunakan seluruh fasilitas ini                      utilised this facility through drawdown on 28 July 2021,
     melalui penarikan pada tanggal 28 Juli 2021,                           30 September 2021, 30 December 2021,
     30 September 2021, 30 Desember 2021, 28 Januari                        28 January 2022, 24 February 2022, and 28 April
     2022, 24 Februari 2022, dan 28 April 2022 masing-                      2022 where each drawdown amounted to
     masing sebesar Rp 300.000, Rp 50.000,                                  Rp 300,000, Rp 50,000, Rp 350,000, Rp 300,000,
     Rp 350.000, Rp 300.000, Rp 300.000, dan                                Rp 300,000, and Rp 200,000, respectively. This
     Rp 200.000. Fasilitas ini memiliki jatuh tempo                         facility will mature 3 years after the drawdown date,
     3 tahun setelah tanggal penarikan yaitu masing-                        respectively on 23 July 2024, 23 September 2024,
     masing pada tanggal 23 Juli 2024, 23 September                         23 December 2024, 23 January 2025, 23 February
     2024, 23 December 2024, 23 Januari 2025,                               2025, and 23 April 2025 with monthly principal
     23 Februari 2025, dan 23 April 2025 dengan cicilan                     repayment commenced 1 month after each drawdown
     pembayaran pokok pinjaman yang dimulai 1 bulan                         date. This facility has been repaid at maturity date and
     sejak setiap tanggal penarikan. Fasilitas ini telah                    was not renewed
     dilunasi pada saat jatuh tempo dan tidak
     diperpanjang.

     Pada tanggal 14 Desember 2022, Perseroan telah                          On 14 December 2022, the Company obtained a
     menerima fasilitas jangka panjang dari PT Bank                          long-term credit facility from PT Bank Mandiri
     Mandiri (Persero) Tbk sebesar Rp 1.500.000.                             (Persero) Tbk amounted to Rp 1,500,000. The
     Perseroan telah menggunakan seluruh fasilitas ini                       Company has fully utilised this facility through
     melalui penarikan pada tanggal 16 Desember 2022,                        drawdown on 16 December 2022, 19 December
     19 Desember 2022, 20 Desember 2022, dan                                 2022, 20 December 2022, and 29 December 2022
     29 Desember 2022 masing-masing sebesar                                  where each drawdown amounted to Rp 300,000,
     Rp 300.000, Rp 300.000, Rp 450.000, dan                                 Rp 300,000, Rp 450,000, and Rp 450,000,
     Rp 450.000. Fasilitas ini memiliki jatuh tempo 3 tahun                  respectively. This facility will mature 3 years after
     setelah tanggal penarikan yaitu pada tanggal                            drawdown which is 23 December 2025 for all
     23 Desember 2025 untuk semua penarikan, dengan                          drawdowns, with quarterly principal repayment
     cicilan pembayaran pokok pinjaman triwulan dimulai                      commenced 3 months after each drawdown date.
     3 bulan sejak setiap tanggal penarikan. Fasilitas ini                   This facility has been repaid at maturity date and was
     telah dilunasi pada saat jatuh tempo dan tidak                          not renewed.
     diperpanjang.
     Pada tanggal 30 Juni 2023, Perseroan telah                              On 30 June 2023, the Company obtained a long-
     menerima fasilitas jangka panjang dari PT Bank                          term credit facility from PT Bank Mandiri (Persero)
     Mandiri (Persero) Tbk sebesar Rp 1.500.000.                             Tbk amounted to Rp 1,500,000. The Company has
     Perseroan telah menggunakan seluruh fasilitas ini                       fully-utilised this facility through drawdown on 14 July
     melalui penarikan pada tanggal 14 Juli 2023,                            2023, 8 August 2023, and 23 April 2024 where each
     8 Agustus 2023, dan 23 April 2024 masing-masing                         drawdown amounted to Rp 500,000, Rp 150,000,
     sebesar Rp 500.000, Rp 150.000, dan Rp 850.000.                         and Rp 850,000, respectively. This facility will mature
     Fasilitas ini memiliki jatuh tempo 3 tahun setelah                      3 years after drawdown date, respectively on 14 July
                                                                             2026, 8 August 2026, and 23 April 2027 with
     tanggal penarikan yaitu masing-masing pada tanggal
                                                                             quarterly principal repayment commenced 3 months
     14 Juli 2026, 8 Agustus 2026, dan 23 April 2027
                                                                             after each drawdown date.
     dengan cicilan pembayaran pokok pinjaman triwulan
     dimulai 3 bulan sejak setiap tanggal penarikan.

     Pada tanggal 30 Juli 2024, Perseroan telah                              On 30 July 2024, the Company obtained a long-term
     menerima fasilitas jangka panjang dari PT Bank                          credit facility from PT Bank Mandiri (Persero) Tbk
     Mandiri (Persero) Tbk sebesar Rp 3.000.000.                             amounted to Rp 3,000,000. The Company has fully
     Perseroan telah menggunakan seluruh fasilitas ini                       utilised this facility through drawdown on 31 July
     melalui penarikan pada tanggal 31 Juli 2024,                            2024, 29 November 2024, 2 December 2024,
     29      November 2024, 2 Desember 2024,                                 19 December 2024, 30 December 2024, and
     19 Desember 2024, 30 Desember 2024, dan                                 9 January 2025 where each drawdown amounted to
     9    Januari    2025    masing-masing     sebesar                       Rp 1,500,000, Rp 200,000, Rp 500,000, Rp 500,000,
                                                                             Rp 150,000, and Rp 150,000, respectively.
     Rp 1.500.000, Rp 200.000, Rp 500.000, Rp 500.000,
     Rp 150.000, dan Rp 150.000.



                                                           Halaman - 5/69 - Page
Page 553
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                    31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                      (Expressed in millions of Rupiah, unless otherwise stated)


14. PINJAMAN (lanjutan)                                                 14. BORROWINGS (continued)

     PT Bank Mandiri (Persero) Tbk (lanjutan)                                PT Bank Mandiri (Persero) Tbk (continued)
     Fasilitas ini memiliki jatuh tempo 3 tahun setelah                      This facility will mature 3 years after the drawdown
     tanggal penarikan yaitu pada tanggal 23 Juli 2027                       date, namely on 23 July 2027 for the first drawdown,
     untuk      penarikan     pertama,   masing-masing                       23 November 2027 for the second, third, and fourth
     23 November 2027 untuk penarikan kedua, ketiga,                         drawdown, respectively, and 23 December 2027 for
     dan keempat dan 23 Desember 2027 untuk                                  fifth and sixth drawdown with quarterly principal
     penarikan kelima dan keenam dengan cicilan                              repayment commenced 3 months after each
     pembayaran pokok pinjaman triwulan dimulai 3 bulan                      drawdown date.
     sejak setiap tanggal penarikan.
     Pada tanggal 30 Juli 2025, Perseroan telah                              On 30 July 2025, the Company obtained a long-term
     menerima fasilitas jangka panjang dari PT Bank                          credit facility from PT Bank Mandiri (Persero) Tbk
     Mandiri (Persero) Tbk sebesar Rp 3.000.000.                             amounted to Rp 3,000,000. The Company has
     Perseroan telah menggunakan fasilitas ini sebesar                       utilised this facility by Rp 1,000,000 through
     Rp 1.000.000 melalui penarikan pada tanggal 31 Juli                     drawdown on 31 July 2025 and 29 September 2025
     2025 dan 29 September 2025 masing-masing                                where each drawdown amounted to Rp 200,000, and
     sebesar Rp 200.000 dan Rp 800.000. Fasilitas ini                        Rp 800,000 respectively. This facility will mature
     memiliki jatuh tempo 3 tahun setelah tanggal                            3 years after the drawdown date, respectively on 23
     penarikan yaitu masing-masing pada tanggal 23 Juli                      July 2028 and 23 September 2028 with quarterly
     2028 dan 23 September 2028 untuk penarikan                              principal repayment commenced 3 months after each
     kedua dengan cicilan pembayaran pokok pinjaman                          drawdown date.
     triwulan dimulai 3 bulan sejak setiap tanggal
     penarikan.
     Selama tahun 2025, Perseroan telah melakukan                            During 2025, the Company has paid loan facilities
     pembayaran atas fasilitas pinjaman dari PT Bank                         from PT Bank Mandiri (Persero) Tbk amounted to
     Mandiri (Persero) Tbk sebesar Rp 2.130.556                              Rp 2,130,556 (2024: Rp 1,487,500).
     (2024: Rp 1.487.500).

     Pembayaran bunga dan pokok pinjaman telah                               Interest and principal have been paid by the
     dibayarkan oleh Perseroan sesuai dengan jadwal.                         Company on schedule.

     Pada tanggal 31 Desember 2025, total saldo                              As at 31 December 2025, total outstanding balance
     terutang atas pinjaman terhadap PT Bank Mandiri                         from PT Bank Mandiri (Persero) Tbk amounted to
     (Persero) Tbk sebesar Rp 3.376.120 (2024:                               Rp 3,376,120 (2024: Rp 4,856,297).
     Rp 4.856.297).

     Standard Chartered Indonesia                                            Standard Chartered Indonesia

     Pada tanggal 6 Februari 2025, Perseroan telah                           On 6 February 2025, the Company obtained a short-
     menerima pinjaman jangka pendek dari Standard                           term loan from Standard Chartered Indonesia with a
     Chartered Indonesia dengan batas maksimum kredit                        maximum credit limit amounted to Rp 700,000. This
     sebesar Rp 700.000. Fasilitas ini telah tempo pada                      facility has matured on 6 February 2026.
     tanggal 6 Februari 2026.

     Pada tanggal 28 Agustus 2024, Perseroan                                 On 28 August 2024 the Company has obtained a
     memperoleh fasilitas pinjaman dari Standard                             term loan facility from Standard Chartered Indonesia
     Chartered Indonesia sebesar Rp 2.100.000.                               amounted to Rp 2,100,000. The Company has fully
     Perseroan telah menggunakan seluruh fasilitas ini                       utilised this facility through drawdown on
     melalui penarikan pada tanggal 19 September 2024                        19 September 2024 and 1 October 2024, where each
     dan 1 Oktober 2024, dengan masing-masing                                drawdown amounted to Rp 1,100,000 and
     penarikan sebesar Rp 1.100.000 dan Rp 1.000.000.                        Rp 1,000,000, respectively.




                                                           Halaman - 5/70 - Page
Page 554
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                    31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                      (Expressed in millions of Rupiah, unless otherwise stated)


14. PINJAMAN (lanjutan)                                                 14. BORROWINGS (continued)

     Standard Chartered Indonesia (lanjutan)                                 Standard Chartered Indonesia (continued)
     Fasilitas ini memiliki masa jatuh tempo 12 bulan                        This facility will mature 12 months since the
     sejak tanggal penarikan yaitu masing-masing pada                        drawdown date, respectively on 19 September 2025
     tanggal 19 September 2025 dan 1 Oktober 2025                            and 1 October 2025 with quarterly repayment
     dengan cicilan pembayaran pokok pinjaman triwulan                       commenced 3 months after each drawdown date.
     yang dimulai 3 bulan sejak setiap tanggal penarikan.
     Fasilitas ini telah dilunasi pada saat jatuh tempo dan                  This facility has been repaid at maturity date and was
     tidak diperpanjang.                                                     not renewed.

     Pada tanggal 12 November 2025, Perseroan                                On 12 November 2025, the Company has obtained a
     memperoleh fasilitas pinjaman dari Standard                             term loan facility from Standard Chartered Indonesia
     Chartered Indonesia sebesar Rp 2.100.000.                               amounted to Rp 2,100,000. The Company has fully
     Perseroan telah menggunakan seluruh fasilitas ini                       utilised this facility through drawdown on
     melalui penarikan pada tanggal 27 November 2025                         27 November 2025 and 15 December 2025, where
     dan 15 Desember 2025, dengan masing-masing                              each drawdown amounted to Rp 1,000,000 and
     penarikan sebesar Rp 1.000.000 dan Rp 1.100.000.                        Rp 1,100,000, respectively. This facility will mature
     Fasilitas ini memiliki masa jatuh tempo 12 bulan                        12 months since the drawdown date, respectively on
     sejak tanggal penarikan yaitu masing-masing pada                        27 November 2026 and 15 December 2026 with
     tanggal 27 November 2026 dan 15 Desember 2026                           quarterly repayment commenced 3 months after
     dengan cicilan pembayaran pokok pinjaman triwulan                       each drawdown date.
     yang dimulai 3 bulan sejak setiap tanggal penarikan.
     Selama tahun 2025, Perseroan telah melakukan                            During 2025, the Company has paid loan facilities
     pembayaran atas fasilitas pinjaman dari Standard                        from Standard Chartered Indonesia amounted to
     Chartered Indonesia sebesar Rp 1.825.000                                Rp 1,825,000 (2024: Rp 2,375,000).
     (2024: Rp 2.375.000).
     Pembayaran bunga dan pokok pinjaman telah                               Interest and principal have been paid by the
     dibayarkan oleh Perseroan sesuai dengan jadwal.                         Company on schedule.
     Pada tanggal 31 Desember 2025, total saldo                              As at 31 December 2025, total outstanding balance
     terutang atas pinjaman terhadap Standard Chartered                      from Standard Chartered Indonesia amounted to
     Indonesia     sebesar    Rp    2.496.389    (2024:                      Rp 2,496,389 (2024: Rp 1,819,876).
     Rp 1.819.876).

     PT Bank Central Asia Tbk                                                PT Bank Central Asia Tbk

     Pada tanggal 26 November 2012, Perseroan telah                          On 26 November 2012, the Company obtained a
     menerima fasilitas jangka pendek revolving                              short-term revolving Uncommitted Money Market
     Uncommitted Money Market Line dari PT Bank                              Line facility from PT Bank Central Asia Tbk with a
     Central Asia Tbk dengan batas maksimum kredit                           maximum facility amounted to Rp 500,000. The
     sebesar Rp 500.000. Fasilitas ini mengalami                             Facility has undergone several changes. This facility
     beberapa perubahan. Fasilitas ini telah berubah                         was changed to Rp 1,200,000 on 13 September
     menjadi Rp 1.200.000 pada tanggal 13 September                          2016. The facility has been extended several times
     2016. Fasilitas ini telah diperpanjang beberapa kali                    and most recently matured on 14 January 2026. As
     dan terakhir jatuh tempo pada 14 Januari 2026. Pada                     of the reporting date, the facility is in the process of
     tanggal pelaporan, fasilitas tersebut masih dalam                       being renewed.
     proses perpanjangan.

     Pada tanggal 5 Januari 2023, Perseroan telah                            On 5 January 2023, the Company obtained a short-
     menerima fasilitas pinjaman jangka pendek dari PT                       term loan facility from PT Bank Central Asia Tbk with
     Bank Central Asia Tbk dengan batas maksimum                             a maximum facility amounted to Rp 300,000. This
     kredit sebesar Rp 300.000. Fasilitas ini telah jatuh                    facility has matured on 14 January 2026. As of the
     tempo pada 14 Januari 2026. Pada tanggal                                reporting date, the facility is in the process of being
     pelaporan, fasilitas tersebut masih dalam proses                        renewed.
     perpanjangan.




                                                           Halaman - 5/71 - Page
Page 555
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                    31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                      (Expressed in millions of Rupiah, unless otherwise stated)


14. PINJAMAN (lanjutan)                                                 14. BORROWINGS (continued)

     PT Bank Central Asia Tbk (lanjutan)                                     PT Bank Central Asia Tbk (continued)

     Pada tanggal 24 Juni 2021, Perseroan telah                              On 24 June 2021, the Company obtained a long-
     menerima fasilitas jangka panjang dari PT Bank                          term credit facility from PT Bank Central Asia Tbk
     Central Asia Tbk sebesar Rp 1.500.000. Perseroan                        amounted to Rp 1,500,000. The Company has fully
     telah menggunakan seluruh fasilitas ini melalui                         utilised this facility through drawdown on 31 August
     penarikan pada tanggal 31 Agustus 2021,                                 2021, 30 September 2021, 24 February 2022, and
     30 September 2021, 24 Februari 2022, dan                                29 November 2022 where each drawdown amounted
     29 November      2022    masing-masing     sebesar                      to Rp 100,000, Rp 200,000, Rp 100,000, and
     Rp 100.000, Rp 200.000, Rp 100.000, dan                                 Rp 1,100,000, respectively. This facility will mature
     Rp 1.100.000. Fasilitas ini memiliki jatuh tempo                        3 years after the drawdown date, respectively on
     3 tahun setelah tanggal penarikan yaitu pada                            31 August 2024, 30 September 2024, 24 February
     31 Agustus 2024, 30 September 2024, 24 Februari                         2025, and 29 November 2025 with quarterly
     2025, dan 29 November 2025 dengan cicilan                               repayment commenced 3 months after each
     pembayaran pokok pinjaman triwulan yang dimulai                         drawdown date. This facility has been repaid at
     3 bulan sejak setiap tanggal penarikan. Fasilitas ini                   maturity date and was not renewed.
     telah dilunasi pada saat jatuh tempo dan tidak
     diperpanjang.

     Pada tanggal 20 Maret 2023, Perseroan telah                             On 20 March 2023, the Company obtained a long-
     menerima fasilitas jangka panjang dari PT Bank                          term credit facility PT Bank Central Asia Tbk
     Central Asia Tbk sebesar Rp 1.500.000. Perseroan                        amounted to Rp 1,500,000. The Company has fully
     telah menggunakan seluruh fasilitas ini melalui                         utilised this facility through drawdown on 18 April
     penarikan pada tanggal 18 April 2023, 10 Mei 2023,                      2023, 10 May 2023, and 25 May 2023, where each
     dan 25 Mei 2023, masing-masing sebesar                                  drawdown amounted to Rp 300,000, Rp 700,000,
     Rp 300.000, Rp 700.000, dan Rp 500.000. Fasilitas                       and Rp 500,000, respectively. This facility will mature
     ini akan jatuh tempo 3 tahun setelah tanggal                            3 years after the drawdown date, respectively on
     penarikan yaitu pada 18 April 2026, 10 Mei 2026,                        18 April 2026, 10 May 2026, and 25 May 2026 with
     dan 25 Mei 2026 dengan cicilan pembayaran pokok                         quarterly repayment commenced 3 months after
     pinjaman triwulan yang dimulai 3 bulan sejak tanggal                    each drawdown date.
     tanggal penarikan.
     Pada tanggal 20 September 2023, Perseroan telah                         On 20 September 2023, the Company obtained a
     menerima fasilitas jangka panjang dari PT Bank                          long-term credit facility PT Bank Central Asia Tbk
     Central Asia Tbk sebesar Rp 1.500.000. Perseroan                        amounted to Rp 1,500,000. The Company has fully
     telah menggunakan seluruh fasilitas ini melalui                         utilised this facility through drawdown on
     melalui penarikan pada tanggal 21 September 2023                        21 September 2023 and 1 April 2024, respectively,
     dan 1 April 2024, masing-masing sebesar                                 where each drawdown amounted to Rp 1,000,000
     Rp 1.000.000 dan Rp 500.000. Fasilitas ini memiliki                     and Rp 500,000, respectively. This facility will mature
     jatuh tempo 3 tahun setelah tanggal penarikan yaitu                     3 years after the drawdown date, respectively on
     pada 21 September 2026 dan 1 April 2027 dengan                          21 September 2026 and 1 April 2027 with quarterly
     cicilan pembayaran pokok pinjaman triwulan yang                         repayment commenced 3 months after each
     dimulai 3 bulan sejak tanggal penarikan.                                drawdown date.
     Pada tanggal 6 Mei 2024, Perseroan telah menerima                       On 6 May 2024, the Company obtained a long-term
     fasilitas jangka panjang dari PT Bank Central Asia                      credit facility from PT Bank Central Asia Tbk
     Tbk sebesar Rp 1.500.000. Perseroan telah                               amounted to Rp 1,500,000. The Company has fully
     menggunakan seluruh fasilitas ini melalui penarikan                     utilised this facility through drawdown on 1 August
     pada tanggal 1 Agustus 2024 dan 11 April 2025,                          2024 and 11 April 2025 amounted to Rp 1,000,000
     masing-masing sebesar Rp 1.000.000 dan                                  and Rp 500,000, respectively through a drawdown
     Rp 500.000. Fasilitas ini memiliki jatuh tempo 3 tahun                  on 1 August 2024. This facility will mature 3 years
     setelah tanggal penarikan yaitu pada tanggal                            after the drawdown date, respectively on 1 August
     1 Agustus 2027 dan 11 April 2028 dengan cicilan                         2027 and 11 April 2028, with quarterly repayment
     pembayaran pokok pinjaman triwulan yang dimulai                         commenced 3 months after each drawdown date.
     3 bulan sejak setiap tanggal penarikan.
     Pada tanggal 7 Januari 2025, Perseroan telah                            On 7 January 2025, the Company obtained a long-
     menerima fasilitas jangka panjang dari PT Bank                          term credit facility from PT Bank Central Asia Tbk
     Central Asia Tbk sebesar Rp 1.500.000 Perseroan                         amounted to Rp 1,500,000. The Company has not
     belum melakukan penarikan terhadap fasilitas ini.                       utilised this facility. This facility has matured on
     Fasilitas ini telah jatuh tempo pada 7 Januari 2026                     7 January 2026 and as of the reporting date, the
     dan pada tanggal pelaporan, fasilitas tersebut masih                    facility is in the process of being renewed.
     dalam proses perpanjangan.



                                                           Halaman - 5/72 - Page
Page 556
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                    31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                      (Expressed in millions of Rupiah, unless otherwise stated)


14. PINJAMAN (lanjutan)                                                 14. BORROWINGS (continued)
     PT Bank Central Asia Tbk (lanjutan)                                     PT Bank Central Asia Tbk (continued)
     Selama tahun 2025, Perseroan telah melakukan                            During 2025, the Company has paid loan facilities
     pembayaran atas fasilitas pinjaman dari PT Bank                         from PT Bank Central Asia Tbk amounted to
     Central Asia Tbk sebesar Rp 1.791.667                                   Rp 1,791,667 (2024: Rp 1,641,667).
     (2024: Rp 1.641.667)
     Pembayaran bunga dan pokok pinjaman telah                               Interest and principal has been paid by the Company
     dibayarkan oleh Perseroan sesuai dengan jadwal.                         on schedule.
     Pada tanggal 31 Desember 2025, saldo terutang                           As at 31 December 2025, total outstanding balance
     atas pinjaman terhadap PT Bank Central Asia Tbk                         from PT Bank Central Asia Tbk amounted to
     sebesar Rp 1.746.769 (2024: Rp 3.034.444)                               Rp 1,746,769 (2024: Rp 3,034,444).
     MUFG Bank Ltd, Cabang Jakarta                                           MUFG Bank Ltd, Jakarta Branch
     Pada tanggal 27 Mei 2016, Perseroan menerima                            On 27 May 2016, the Company obtained
     fasilitas   pinjaman    jangka    pendek     bersifat                   a multi-currency short-term credit facility from MUFG
     multi-currency dari MUFG Bank, Ltd, Cabang Jakarta                      Bank, Ltd, Jakarta Branch amounted to US Dollar
     sebesar Dolar AS 25.000.000 (nilai penuh). Pada                         25,000,000 (full amount). On 27 May 2017, the
                                                                             facility was changed to US Dollar 30,000,000 (full
     tanggal 27 Mei 2017, fasilitas ini telah berubah                        amount). On 31 October 2023, the facility was
     menjadi sebesar Dolar AS 30.000.000 (nilai penuh).                      changed to US Dollar 50,000,000 (full amount). On
     Pada tanggal 31 Oktober 2023, fasilitas ini telah                       3 December 2024, the facility was changed to
     berubah menjadi sebesar Dolar AS 50.000.000 (nilai                      US Dollar 75,000,000 (full amount). On 31 October
     penuh). Pada tanggal 3 Desember 2024, fasilitas ini                     2025, the facility was changed to US Dollar
     telah berubah menjadi sebesar Dolar AS 75.000.000                       100,000,000 (full amount). The facility has been
     (nilai penuh). Pada tanggal 31 Oktober 2025, fasilitas                  extended until 31 October 2026.
     ini telah berubah menjadi sebesar Dolar AS
     100.000.000 (nilai penuh). Fasilitas ini telah di
     perpanjang hingga 31 Oktober 2026.
     Pembayaran bunga dan pokok pinjaman telah                               Interest and principal have been paid by the
     dibayarkan oleh Perseroan sesuai dengan jadwal.                         Company on schedule.
     Pada tanggal 31 Desember 2025, total saldo                              As at 31 December 2025, total outstanding balance
     terutang atas pinjaman terhadap MUFG Bank Ltd,                          from MUFG Bank Ltd, Jakarta Branch amounted to
     Cabang Jakarta Tbk sebesar Rp 1.140.000                                 Rp 1,140,000 (2024: Rp 1,140,000).
     (2024: Rp 1.140.000)
     Deutsche Bank AG                                                        Deutsche Bank AG
     Pada tanggal 21 November 2012, Perseroan telah                          On 21 November 2012, the Company obtained an
     mendapatkan fasilitas cerukan dari Deutsche Bank                        overdraft facility from Deutsche Bank AG amounted
     AG dengan total Rp 95.000. Fasilitas ini berakhir                       to Rp 95,000. This facility has matured on
     pada tanggal 1 Desember 2015 dan telah                                  1 December 2015 and has been extended until
     diperpanjang hingga tanggal 1 Desember 2016.                            1 December 2016. As at 16 May 2016, this facility
     Pada tanggal 16 Mei 2016, fasilitas ini telah berubah                   was changed to short-term facility amounted to Rp
     menjadi fasilitas jangka pendek sebesar Rp 95.000                       95,000 and has maturity on 16 May 2017. On 9
     dan berakhir pada tanggal 16 Mei 2017. Pada                             March 2017 the loan facility increased by Rp
     tanggal 9 Maret 2017 telah dilakukan penambahan                         155,000,         hence     the    total   facility   is
     fasilitas sebesar Rp 155.000 sehingga jumlah pokok                      Rp 250,000. This facility has maturity on 9 March
     menjadi Rp 250.000. Fasilitas ini berakhir pada                         2018. On 7 December 2017 this facility has changed
     tanggal 9 Maret 2018. Pada tanggal 7 Desember                           to Financing Against Receivable. On 22 February
     2017 fasilitas ini telah berubah menjadi fasilitas                      2019, this facility has extended for 3 years until
     Financing Against Receivable. Pada tanggal                              22 February 2022. On 29 November 2024 the loan
     22 Februari 2019, fasilitas ini telah diperpanjang                      facility has been increased by Rp 250,000, hence the
     selama 3 tahun sampai dengan 22 Februari 2022.                          total facility is Rp 500,000. On 28 July 2025 the loan
     Pada tanggal 29 November 2024 telah dilakukan                           facility has been increased by Rp 1,000,000, hence
     penambahan fasilitas sebesar Rp 250.000, sehingga                       the total facility is Rp 1,500,000. This Facility has
     jumlah pokok menjadi Rp 500.000. Pada tanggal 28                        been extended and will mature on 28 February 2026.
     Juli 2025 telah dilakukan penambahan fasilitas
     sebesar Rp 1.000.000, sehingga jumlah pokok
     menjadi Rp 1.500.000. Fasilitas ini telah
     diperpanjang dan akan jatuh tempo pada tanggal
     28 Februari 2026.



                                                           Halaman - 5/73 - Page
Page 557
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                    31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                      (Expressed in millions of Rupiah, unless otherwise stated)


14. PINJAMAN (lanjutan)                                                 14. BORROWINGS (continued)

     Deutsche Bank AG (lanjutan)                                             Deutsche Bank AG (continued)
     Pada tanggal 29 November 2024 telah dilakukan                           On 29 November 2024 the loan facility has been
     penambahan fasilitas sebesar Rp 250.000, sehingga                       increased by Rp 250,000, hence the total facility is
     jumlah pokok menjadi Rp 500.000. Pada tanggal                           Rp 500,000. On 28 July 2025 the loan facility has
     28 Juli 2025 telah dilakukan penambahan fasilitas                       been increased by Rp 1,000,000, hence the total
     sebesar Rp 1.000.000, sehingga jumlah pokok                             facility is Rp 1,500,000. This Facility has been
     menjadi Rp 1.500.000. Fasilitas ini telah                               extended and will mature on 28 February 2026.
     diperpanjang dan akan jatuh tempo pada tanggal
     28 Februari 2026.

     Pembayaran bunga dan pokok pinjaman telah                               Interest and principal have been paid by the
     dibayarkan oleh Perseroan sesuai dengan jadwal.                         Company on schedule.

     Pada tanggal 31 Desember 2025, saldo terutang                           As of 31 December 2025, total outstanding balance
     atas pinjaman terhadap Deutsche Bank AG                                 from Deutsche Bank AG amounted to Rp 650,000
     Indonesia sebesar Rp 650.000 (2024: Rp nihil)                           (2024: Rp nil)

     PT Bank Mizuho Indonesia                                                PT Bank Mizuho Indonesia
     Pada tanggal 11 Juli 2025, Perseroan telah                              On 11 July 2025, the Company obtained a short-term
     menerima fasilitas pinjaman jangka pendek dari PT                       loan facility from PT Bank Mizuho Indonesia
     Bank Mizuho Indonesia dengan batas maksimum                             amounted to Rp 500,000. This facility will mature on
     kredit sebesar Rp 500.000. Fasilitas ini akan jatuh                     11 July 2026.
     tempo pada tanggal 11 Juli 2026.

     Pembayaran bunga dan pokok pinjaman telah                               Interest and principal have been paid by the
     dibayarkan oleh Perseroan sesuai dengan jadwal.                         Company on schedule.

     Pada tanggal 31 Desember 2025, saldo terutang                           As of 31 December 2025, total outstanding balance
     atas pinjaman terhadap PT Bank Mizuho Indonesia                         from PT Bank Mizuho Indonesia amounted to
     sebesar Rp 500.000 (2024: Rp nihil)                                     Rp 500,000 (2024: Rp nil)

     PT Bank Syariah Indonesia (Persero) Tbk                                 PT Bank Syariah Indonesia (Persero) Tbk
     Pada tanggal 11 Agustus 2025, Perseroan telah                           On 11 August 2025, the Company obtained a short-
     menerima fasilitas pinjaman jangka pendek dari PT                       term loan facility from PT Bank Syariah Indonesia
     Bank Syariah Indonesia (Persero) Tbk dengan batas                       (Persero) Tbk with a maximum credit limit amounted
     maksimum kredit sebesar Rp 200.000. Perseroan                           to Rp 200,000. The company has not utilised this
     belum melakukan penarikan atas fasilitas ini.                           facility. This facility will mature on 11 August 2026.
     Fasilitas ini akan jatuh tempo pada tanggal
     11 Agustus 2026.

     Pada tanggal 11 Agustus 2025, Perseroan telah                           On 11 August 2025, the Company obtained a long-
     memperoleh fasilitas jangka panjang dari PT Bank                        term credit facility from PT Bank Syariah Indonesia
     Syariah      Indonesia   (Persero)    Tbk    sebesar                    (Persero) Tbk amounted to Rp 1,500,000. The
     Rp 1.500.000. Perseroan telah menggunakan                               Company has utilised this facility through a
     fasilitas ini sebesar Rp 500.000 melalui penarikan                      drawdown on 26 September 2025 amounted to
     pada tanggal 26 September 2025. Fasilitas ini                           Rp 500,000. This facility will mature 3 years after the
     memiliki jatuh tempo 3 tahun setelah tanggal                            drawdown date, on 26 September 2028 with monthly
     penarikan yaitu pada tanggal 26 September 2028                          repayment commenced 1 month after drawdown
     dengan cicilan pembayaran pokok pinjaman yang                           date.
     dimulai 1 bulan sejak setiap tanggal penarikan.

     Selama tahun 2025, Perseroan telah melakukan                            During 2025, The Company has paid loan facilities
     pembayaran atas fasilitas pinjaman dari PT Bank                         from PT Bank Syariah Indonesia (Persero) Tbk
     Syariah Indonesia (Persero) Tbk sebesar Rp 41.667                       amounted to Rp 41,667 (2024: Rp nil)
     (2024: Rp nihil).

     Pembayaran bunga dan pokok pinjaman telah                               Interest and principal have been paid by the
     dibayarkan oleh Perseroan sesuai dengan jadwal                          Company on schedule.

     Pada tanggal 31 Desember 2025, saldo terutang                           As at 31 December 2025, total outstanding balance
     atas pinjaman terhadap PT Bank Syariah Indonesia                        from PT Bank Syariah Indonesia (Persero) Tbk
     (Persero) Tbk sebesar Rp 458.333 (2024: Rp nihil).                      amounted to Rp 458,333 (2024: Rp nil).


                                                           Halaman - 5/74 - Page
Page 558
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                    31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                      (Expressed in millions of Rupiah, unless otherwise stated)


14. PINJAMAN (lanjutan)                                                 14. BORROWINGS (continued)

     PT Bank Rakyat Indonesia (Persero) Tbk                                  PT Bank Rakyat Indonesia (Persero) Tbk

     Pada tanggal 4 Maret 2025, Perseroan telah                              On 4 March 2025, the Company obtained a long-
     mendapatkan fasilitas jangka panjang dari PT Bank                       term credit facility from PT Bank Rakyat Indonesia
     Rakyat     Indonesia     (Persero)    Tbk   sebesar                     (Persero) Tbk amounted to Rp 1,000,000. The
     Rp 1.000.000. Perseroan telah menggunakan                               Company has fully utilised this facility through
     seluruh fasilitas ini melalui penarikan pada tanggal                    drawdown on 26 May 2025 amounted to
     26 Mei 2025 sebesar Rp 1.000.000. Fasilitas ini                         Rp 1,000,000. This facility will mature 1 year after the
     memiliki jatuh tempo 1 tahun setelah tanggal                            drawdown date, on 26 May 2026, with monthly
     penarikan yaitu pada tanggal 26 Mei 2026 dengan                         principal repayment commenced 1 month after each
     cicilan pembayaran pokok pinjaman yang dimulai                          drawdown date.
     1 bulan sejak setiap tanggal penarikan.

     Selama tahun 2025, Perseroan telah melakukan                            During 2025, the Company has paid loan facilities
     pembayaran atas fasilitas pinjaman dari PT Bank                         from PT Bank Rakyat Indonesia (Persero) Tbk
     Rakyat Indonesia (Persero) Tbk sebesar Rp 583.333                       amounted to Rp 583,333 (2024: Rp nil).
     (2024: Rp nihil).

     Pembayaran bunga dan pokok pinjaman telah                               Interest and principal have been paid by the
     dibayarkan oleh Perseroan sesuai dengan jadwal.                         Company on schedule.
     Pada tanggal 31 Desember 2025, total saldo terutang                     As at 31 December 2025, total outstanding balance
     atas pinjaman terhadap PT Bank Rakyat Indonesia                         from PT Bank Rakyat Indonesia (Persero) Tbk
     (Persero) Tbk sebesar Rp 416.197 (2024: Rp nihil).                      amounted to Rp 416,197 (2024: Rp nil).

     PT Bank SBI Indonesia                                                   PT Bank SBI Indonesia

     Pada tanggal 29 September 2025, Perseroan telah                         On 29 September 2025, the Company obtained a
     menerima fasilitas jangka panjang dari PT Bank SBI                      long-term credit facility from PT Bank SBI Indonesia
     Indonesia sebesar Rp 300.000 Perseroan telah                            amounted to Rp 300,000. The Company has fully
     menggunakan seluruh fasilitas ini melalui penarikan                     utilised this facility through a drawdown on
     pada tanggal 15 Oktober 2025 sebesar Rp 300.000.                        15 October 2025 amounted to Rp 300,000. This
     Fasilitas ini memiliki jatuh tempo 3 tahun setelah                      facility will mature 3 years after the drawdown date
     tanggal penaikan yaitu pada tanggal 15 Oktober 2028                     on 15 October 2028 with quarterly repayment
     dengan cicilan pembayaran pokok pinjaman triwulan                       commenced 3 months after each drawdown date.
     yang dimulai 3 bulan sejak setiap tanggal penarikan.
     Pembayaran bunga pinjaman telah dibayarkan oleh                         Interest have been paid by the Company on
     Perseroan sesuai dengan jadwal.                                         schedule.

     Pada tanggal 31 Desember 2025, saldo terutang atas                      As at 31 December 2025, total outstanding balance
     pinjaman terhadap PT Bank SBI Indonesia sebesar                         from PT Bank SBI Indonesia amounted to
     Rp 299.711 (2024: Rp nihil).                                            Rp 299,711 (2024: Rp nil).

     PT Bank Negara Indonesia (Persero) Tbk                                  PT Bank Negara Indonesia (Persero) Tbk

     Pada tanggal 30 Agustus 2024, Perseroan telah                           On 30 August 2024, the Company obtained a long-
     mendapatkan fasilitas jangka panjang dari PT Bank                       term credit facility from PT Bank Negara Indonesia
     Negara     Indonesia     (Persero)    Tbk     sebesar                   (Persero) Tbk amounted to Rp 500,000. The
     Rp 500.000. Perseroan telah menggunakan seluruh                         Company has fully utilised this facility through
     fasilitas ini melalui penarikan pada tanggal                            drawdown on 27 September 2024 amounted to
     27 September 2024 sebesar Rp 500.000. Fasilitas ini                     Rp 500,000. This facility will mature 3 years after the
     memiliki jatuh tempo 3 tahun setelah tanggal                            drawdown date, on 27 September 2027, with
     penarikan yaitu pada tanggal 27 September 2027                          monthly repayment commenced 1 month after
     dengan cicilan pembayaran pokok pinjaman yang                           drawdown date.
     dimulai 1 bulan sejak setiap tanggal penarikan.
     Selama tahun 2025, Perseroan telah melakukan                            During 2025, the Company has paid loan facilities
     pembayaran atas fasilitas pinjaman dari PT Bank                         from PT Bank Negara Indonesia (Persero) Tbk
     Negara Indonesia (Persero) Tbk sebesar Rp 166.667                       amounted to Rp 166,667 (2024: Rp 41,667)
     (2024: Rp 41.667).


                                                           Halaman - 5/75 - Page
Page 559
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                    31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                      (Expressed in millions of Rupiah, unless otherwise stated)


14. PINJAMAN (lanjutan)                                                 14. BORROWINGS (continued)
     PT Bank        Negara      Indonesia     (Persero)       Tbk            PT Bank Negara           Indonesia      (Persero)     Tbk
     (lanjutan)                                                              (continued)
     Pembayaran bunga dan pokok pinjaman telah                               Interest and principal have been paid by the
     dibayarkan oleh Perseroan sesuai dengan jadwal.                         Company on schedule.
     Pada tanggal 31 Desember 2025, total saldo terutang                     As at 31 December 2025, total outstanding balance
     atas pinjaman terhadap PT Bank Negara Indonesia                         from PT Bank Negara Indonesia (Persero) Tbk
     (Persero)     Tbk     sebesar     Rp       291.662                      amounted to Rp 291,662 (2024: Rp 458,323).
     (2024: Rp 458.323).
     PT Bank Muamalat Indonesia Tbk                                          PT Bank Muamalat Indonesia Tbk
     Pada tanggal 18 Agustus 2023, Perseroan telah                           On 18 August 2023, the Company obtained a long-
     mendapatkan fasilitas jangka panjang dari PT Bank                       term credit facility from PT Bank Muamalat Indonesia
     Muamalat Indonesia Tbk sebesar Rp 500.000.                              Tbk amounted to Rp 500,000. The Company has
     Perseroan telah menggunakan fasilitas ini sebesar                       utilised this facility amounted to Rp 200,000 through
     Rp 200.000 melalui penarikan pada tanggal                               drawdown on 25 August 2023. This facility will
     25 Agustus 2023. Fasilitas ini memiliki jatuh tempo                     mature 3 years after the drawdown date, on
     3 tahun setelah tanggal penarikan yaitu pada tanggal                    25 August 2026, with monthly repayment
     25 Agustus 2026 dengan cicilan pembayaran pokok                         commenced 1 month after drawdown date.
     pinjaman yang dimulai 1 bulan sejak setiap tanggal
     penarikan.

     Selama tahun 2025, Perseroan telah melakukan                            During 2025, the Company has paid loan facilities
     pembayaran atas fasilitas pinjaman dari PT Bank                         from PT Bank Muamalat Indonesia Tbk amounted to
     Muamalat Indonesia Tbk sebesar Rp 133.333 (2024:                        Rp 133,333 (2024: Rp 66,667).
     Rp 66.667).
     Pembayaran bunga dan pokok pinjaman telah                               Interest and principal have been paid by the
     dibayarkan oleh Perseroan sesuai dengan jadwal.                         Company on schedule.
     Pada tanggal 31 Desember 2025, total saldo                              As at 31 December 2025, total outstanding balance
     terutang atas pinjaman terhadap PT Bank Muamalat                        from PT Bank Muamalat Indonesia Tbk amounted to
     Indonesia Tbk sebesar Rp 277.515 (2024:                                 Rp 277,515 (2024: Rp 110,918).
     Rp 110.918).
     PT Bank ANZ Indonesia                                                   PT Bank ANZ Indonesia
     Pada tanggal 23 Februari 2023 Perseroan telah                           On 23 February 2023, the Company obtained a
     menerima fasilitas pinjaman jangka pendek bersifat                      multi-currency short-term credit facility from PT Bank
     multi-currency dari PT Bank ANZ Indonesia sebesar                       ANZ Indonesia amounted to US Dollar 15,000,000
     Dolar AS 15.000.000 (nilai penuh). Fasilitas ini telah                  (full amount). This facility has been extended and will
     diperpanjang dan akan jatuh tempo pada tanggal                          mature on 30 June 2026.
     30 Juni 2026.
     Pembayaran bunga dan pokok pinjaman telah                               Interest and principal have been paid by the
     dibayarkan oleh Perseroan sesuai dengan jadwal.                         Company on schedule.
     Pada tanggal 31 Desember 2025, saldo terutang                            As of 31 December 2025, total outstanding balance
     atas pinjaman terhadap PT Bank ANZ Indonesia                           from PT Bank ANZ Indonesia amounted to
     sebesar Rp 240.000 (2024: Rp nihil).                                   Rp 240,000 (2024: Rp nil)
     PT Bank BCA Syariah                                                     PT Bank BCA Syariah
     Pada tanggal 29 Mei 2024, Perseroan telah                               On 29 May 2024, the Company obtained a long-term
     menerima fasilitas jangka panjang dari PT Bank BCA                      credit facility from PT Bank BCA Syariah amounted
     Syariah sebesar Rp 200.000. Perseroan telah                             to Rp 200,000. The Company has fully utilised this
     menggunakan seluruh fasilitas ini melalui penarikan                     facility through drawdown on 26 August 2024
     pada tanggal 26 Agustus 2024 sebesar Rp 200.000.                        amounted to Rp 200,000. This facility will mature
     Fasilitas ini memiliki jatuh tempo 3 tahun setelah                      3 years after the drawdown date, on 15 August 2027,
     tanggal penarikan yaitu pada tanggal 15 Agustus                         with monthly principal repayment commenced
     2027 dengan cicilan pembayaran pokok pinjaman                           1 month after each drawdown date.
     yang dimulai 1 bulan sejak setiap tanggal penarikan.




                                                           Halaman - 5/76 - Page
Page 560
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                    31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                      (Expressed in millions of Rupiah, unless otherwise stated)


14. PINJAMAN (lanjutan)                                                 14. BORROWINGS (continued)
     PT Bank BCA Syariah (lanjutan)                                          PT Bank BCA Syariah (continued)
     Selama tahun 2025, Perseroan telah melakukan                            During 2025, the Company has paid loan facilities
     pembayaran atas fasilitas pinjaman dari PT Bank                         from PT Bank BCA Syariah amounted to Rp 66,667
     BCA Syariah sebesar Rp 66.667 (2024: Rp 22.222).                        (2024: Rp 22,222).
     Pembayaran bunga dan pokok pinjaman telah                               Interest and principal have been paid by the
     dibayarkan oleh Perseroan sesuai dengan jadwal.                         Company on schedule.
     Pada tanggal 31 Desember 2025, saldo terutang atas                      As at 31 December 2025, total outstanding balance
     pinjaman terhadap PT Bank BCA Syariah sebesar                           from PT Bank BCA Syariah amounted to
     Rp 111.030 (2024: Rp 177.580).                                          Rp 111,030 (2024: Rp 177,580).
     PT Bank Maybank Indonesia Tbk                                           PT Bank Maybank Indonesia Tbk
     Pada tanggal 21 Desember 2022, Perseroan telah                          On 21 December 2022, the Company obtained a
     mendapatkan fasilitas jangka panjang dari PT Bank                       long term credit facility from PT Bank Maybank
     Maybank Indonesia Tbk sebesar Rp 500.000.                               Indonesia Tbk amounted to Rp 500,000.
     Perseroan telah menggunakan seluruh fasilitas ini                       The Company has fully utilised this facility through
     melalui penarikan pada tanggal 25 Mei 2023 dan                          drawdown on 25 May 2023 and 22 June 2023,
     22 Juni 2023 masing-masing sebesar Rp 100.000                           where each drawdown amounted to Rp 100,000 and
     dan Rp 400.000. Fasilitas ini memiliki akan jatuh                       Rp 400,000, respectively. This facility will mature 3
     tempo 3 tahun sejak tanggal penarikan yaitu pada                        years after the drawdown date, respectively on 25
     tanggal 25 Mei 2026 dan 22 Juni 2026 dengan cicilan                     May 2026 and 22 June 2026 with monthly
     pembayaran pokok bulanan yang dimulai 3 bulan                           repayment commenced 3 months after each
     sejak setiap tanggal penarikan.                                         drawdown date.
     Selama tahun 2025, Perseroan telah melakukan                            During 2025, the Company has paid loan facilities
     pembayaran atas fasilitas pinjaman dari PT Bank                         from PT Bank Maybank Indonesia Tbk amounted to
     Maybank Indonesia Tbk sebesar Rp 166.667                                Rp 166,667 (2024: Rp 166,667).
     (2024: Rp 166.667).
     Pembayaran bunga dan pokok pinjaman telah                               Interest and principal have been paid by the
     dibayarkan oleh Perseroan sesuai dengan jadwal.                         Company on schedule.
     Pada tanggal 31 Desember 2025, total saldo terutang                     As at 31 December 2025, total outstanding balance
     atas pinjaman terhadap PT Bank Maybank Indonesia                        from PT Bank Maybank Indonesia Tbk amounted to
     Tbk sebesar Rp 83.310 (2024: Rp 249.832).                               Rp 83,310 (2024: Rp 249,832).
     PT Bank Panin Dubai Syariah Tbk                                         PT Bank Panin Dubai Syariah Tbk
     Pada tanggal 30 Agustus 2023, perseroan telah                           On 30 August 2023, the Company obtained a long-
     menerima fasilitas jangka panjang dari PT Bank                          term credit facility from PT Bank Panin Dubai Syariah
     Panin Dubai Syariah Tbk sebesar Rp 250.000.                             Tbk amounted to Rp 250,000. The Company has
     Perseroan telah menggunakan seluruh fasilitas ini                       fully utilised this facility through drawdown on
     melalui penarikan pada tanggal 25 September 2023                        25 September 2023 and 20 October 2023 each
     dan 20 Oktober 2023 masing-masing sebesar                               amounted to Rp 50,000 and Rp 200,000,
     Rp 50.000 dan Rp 200.000. Fasilitas ini memiliki jatuh                  respectively. This facility will mature 3 years after the
     tempo 3 tahun setelah tanggal penarikan yaitu pada                      drawdown date, respectively on 25 September 2026
     tanggal 25 September 2026 dan 20 Oktober 2026                           and 20 October 2026 with monthly repayment
     dengan cicilan pembayaran pokok pinjaman yang                           commenced 1 month after each drawdown date.
     dimulai 1 bulan sejak setiap tanggal penarikan.
     Selama tahun 2025, Perseroan telah melakukan                            During 2025, the Company has paid loan facilities
     pembayaran atas fasilitas pinjaman dari PT Bank                         from PT Bank Panin Dubai Syariah Tbk amounted to
     Panin Dubai Syariah Tbk sebesar Rp 84.199                               Rp 84,199 (2024: Rp 79,008).
     (2024: Rp 79.008).
     Pembayaran bunga dan pokok pinjaman telah                               Interest and principal have been paid by the
     dibayarkan oleh Perseroan sesuai dengan jadwal.                         Company on schedule.
     Pada tanggal 31 Desember 2025, total saldo terutang                     As at 31 December 2025, total outstanding balance
     atas pinjaman terhadap PT Bank Panin Dubai                              from PT Bank Panin Dubai Syariah Tbk amounted to
     Syariah Tbk sebesar Rp 72.790 (2024: Rp 156.802).                       Rp 72,790 (2024: Rp 156,802).


                                                           Halaman - 5/77 - Page
Page 561
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                     31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                       (Expressed in millions of Rupiah, unless otherwise stated)

14. PINJAMAN (lanjutan)                                                 14. BORROWINGS (continued)
     PT Bank SMBC Indonesia Tbk                                              PT Bank SMBC Indonesia Tbk

     Pada tanggal 17 April 2012, Perseroan telah                             On 17 April 2012, the Company obtained an
     mendapatkan fasilitas jangka pendek Uncommitted                         Uncommitted Money Market Line short-term facility
     Money Market Line dari PT Bank SMBC Indonesia                           from PT Bank SMBC Indonesia Tbk amounted to
     Tbk dengan total Rp 400.000. Fasilitas ini telah                        Rp 400,000. This facility has been amended several
     mengalami beberapa perubahan. Pada tanggal 4                            times. On 4 January 2017, this facility amount
     Januari 2017 fasilitas ini berubah menjadi                              changed to Rp 375,000. On 2 February 2021, this
     Rp 375.000. Pada tanggal 2 Februari 2021, fasilitas                     facility was changed to a multi-currency facility. On 19
     ini berubah menjadi bersifat multi-currency. Pada                       November 2024 the loan facility has been increased
     tanggal 19 November 2024 telah dilakukan                                by Rp 400,000, hence the total facility is Rp 775,000.
     penambahan fasilitas sebesar Rp 400.000, sehingga                       This facility has been extended several times and will
     jumlah fasilitas menjadi Rp 775.000. Fasilitas ini                      mature on 29 May 2026.
     telah diperpanjang beberapa kali dan akan jatuh
     tempo pada 29 Mei 2026.
     Pembayaran bunga dan pokok pinjaman telah                               Interest and principal have been paid by the
     dibayarkan oleh Perseroan sesuai dengan jadwal.                         Company on schedule.

     Pada tanggal 31 Desember 2025, saldo terutang                           As of 31 December 2025, total outstanding balance
     atas pinjaman terhadap PT Bank SMBC Indonesia                           From PT Bank SMBC Indonesia Tbk amounted to
     sebesar Rp nihil (2024: Rp 775.000).                                    Rp nil (2024: Rp 775,000).
     PT Bank CIMB Niaga Tbk                                                  PT Bank CIMB Niaga Tbk
     Pada tanggal 9 November 2012, Perseroan telah                           On 9 November 2012, the Company has obtained a
     menerima fasilitas jangka pendek Money Market dari                      short-term Money Market Facility from PT Bank CIMB
     PT Bank CIMB Niaga Tbk sebesar Rp 100.000.                              Niaga Tbk amounted at Rp 100,000. The Facility has
     Fasilitas ini mengalami beberapa perubahan. Pada                        undergone several changes. On 29 January 2014,
     tanggal 29 Januari 2014 fasilitas ini berubah menjadi                   the facility amount changed to Rp 300,000 and to
     Rp 300.000 dan pada 18 Juni 2015 menjadi                                Rp 500,000 on 18 June 2015. The Facility was
     Rp 500.000. Pada tanggal 9 Februari 2017, fasilitas                     changed to a multi-currency facility called ‘Pinjaman
     ini kembali mengalami perubahan menjadi bersifat                        Transaksi Khusus Ekstra’ on 9 February 2017. On
     multi-currency yang disebut dengan ‘Pinjaman                            17 April 2018, the facility amount changed to Rp
     Transaksi Khusus Ekstra’. Pada tanggal 17 April                         750,000 and will be matured on 31 January 2019.
     2018, Fasilitas ini berubah menjadi Rp 750.000 dan                      This facility has been extended several times and will
     akan jatuh tempo pada tanggal 31 Januari 2019.                          mature on 30 June 2026.
     Fasilitas ini telah diperpanjang beberapa kali dan
     akan jatuh tempo pada tanggal 30 Juni 2026.
     Pembayaran bunga dan pokok pinjaman telah                               Interest and principal have been paid by the
     dibayarkan oleh Perseroan sesuai dengan jadwal.                         Company on schedule.
     Pada tanggal 31 Desember 2025, saldo terutang                           As of 31 December 2025, total outstanding balance
     atas pinjaman terhadap PT Bank CIMB Niaga Tbk                           from PT Bank CIMB Niaga Tbk amounted to
     sebesar Rp 746.799 (2024: Rp nihil).                                    Rp 746,799 (2024: Rp nil).

     PT Bank Danamon Indonesia Tbk                                           PT Bank Danamon Indonesia Tbk
     Pada tanggal 18 November 2010, Perseroan                                On 18 November 2010, the Company has obtained a
     memiliki fasilitas pinjaman dari PT Bank Danamon                        loan facility amounted to Rp 100,000 from PT Bank
     Indonesia Tbk sebesar Rp 100.000. Fasilitas ini telah                   Danamon Indonesia Tbk. This facility has been
     diperpanjang beberapa kali dan akan jatuh tempo                         extended several times and will mature on
     pada 30 Agustus 2026.                                                   30 August 2026.




                                                           Halaman - 5/78 - Page
Page 562
                                                 PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                                    NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                                 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                  (Expressed in millions of Rupiah, unless otherwise stated)


14. PINJAMAN (lanjutan)                                                           14. BORROWINGS (continued)

     PT Bank Danamon Indonesia Tbk (lanjutan)                                           PT Bank Danamon Indonesia Tbk (continued)

     Pembayaran bunga dan pokok pinjaman telah                                          Interest and principal have been paid by the
     dibayarkan oleh Perseroan sesuai dengan jadwal.                                    Company on schedule.
     Pada tanggal 31 Desember 2025 dan 2024,                                            As of 31 December 2025 and 2024, the Company
     Perseroan tidak memiliki saldo terutang atas fasilitas                             has no outstanding balance for this facility.
     ini.

     PT Bank Permata Tbk                                                                PT Bank Permata Tbk
     Pada tanggal 28 Maret 2024, Perseroan                                              On 28 March 2024, the Company has obtained a
     mendapatkan fasilitas pinjaman jangka pendek dari                                  short-term loan facility amounted to Rp 300,000 from
     PT Bank Permata Tbk sebesar Rp 300.000. Fasilitas                                  PT Bank Permata Tbk. This facility has matured on
     ini telah jatuh tempo pada 30 September 2025 dan                                   30 September 2025 and has been extended until
     telah diperpanjang hingga 30 Maret 2026.                                           30 March 2026.
     Pembayaran bunga dan pokok pinjaman telah                                          Interest and principal have been paid by the
     dibayarkan oleh Perseroan sesuai dengan jadwal.                                    Company on schedule.
     Oversea-Chinese Banking Corporation Limited                                        Oversea-Chinese Banking Corporation Limited
     Pada tanggal 25 September 2025, Perseroan telah                                    On 25 September 2025, the Company has obtained
     menerima fasilitas jangka panjang dari Oversea-                                    a long-term loan facility from Oversea-Chinese
     Chinese Banking Corporation Limited sebesar Dolar                                  Banking Corporation Limited amounted to US Dollar
     AS 50.000.000 (nilai penuh). Perseroan belum                                       50,000,000 (full amount). The Company has not
     melakukan penarikan terhadap fasilitas ini. Fasilitas                              utilised this facility. This facility will mature on 25
     ini akan jatuh tempo pada 25 September 2026.                                       September 2026.
     Pada tanggal 31 Desember 2025, Perseroan tidak                                     As of 31 December 2025, the Company has no
     memiliki saldo terutang atas fasilitas ini.                                        outstanding balance for this facility.

     Pinjaman sindikasi dengan PT Bank HSBC                                             Syndicated loans with PT Bank HSBC Indonesia
     Indonesia sebagai agen fasilitas                                                   as facility agent

     Pada tanggal 26 Mei 2023, Perseroan telah                                          On 26 May 2023, the Company has obtained a
     menerima fasilitas kredit melalui utang Sindikasi                                  syndicated loan facility amounted to US Dollar
     dengan nilai sebesar Dolar AS 390.000.000 (nilai                                   390,000,000 (full amount), with PT Bank HSBC
     penuh), dengan PT Bank HSBC Indonesia sebagai                                      Indonesia as a facility agent. The availability period of
     agen fasilitas. Jangka waktu penarikan fasilitas ini                               this facility is 12 months since the loan signing date.
     adalah 12 bulan sejak ditandatanganinya perjanjian
     pinjaman.
     Pinjaman sindikasi tersebut diperoleh dari:                                        The syndicated loans were received from:
                                                                Fasilitas maksimum (nilai penuh)/
                                                                Maximum facilities (full amount)

     PT Bank KEB Hana Indonesia                                       US Dollar     55,000,000                                  PT Bank KEB Hana Indonesia
     MUFG Bank,Ltd., Cabang Singapura                                 US Dollar     50,000,000                             MUFG Bank,Ltd., Singapore Branch
     Oversea-Chinese Banking Corporation Limited                      US Dollar     50,000,000                  Oversea-Chinese Banking Corporation Limited
     RHB Bank Berhad                                                  US Dollar     30,000,000                                              RHB Bank Berhad
     PT Bank DBS Indonesia                                            US Dollar     30,000,000                                        PT Bank DBS Indonesia
     Taipei Fubon Commercial Bank Co., Ltd., Cabang Singapura         US Dollar     25,000,000      Taipei Fubon Commercial Bank Co., Ltd., Singapore Branch
     PT Bank ANZ Indonesia                                            US Dollar     25,000,000                                        PT Bank ANZ Indonesia
     Citibank, N.A., Cabang Jakarta                                   US Dollar     25,000,000                                  Citibank, N.A., Jakarta Branch
     The Hongkong and Shanghai Banking Corporation Limited            US Dollar     25,000,000       The Hongkong and Shanghai Banking Corporation Limited
     PT Bank UOB Indonesia                                            US Dollar     25,000,000                                        PT Bank UOB Indonesia
     PT Bank CTBC Indonesia                                           US Dollar     25,000,000                                       PT Bank CTBC Indonesia
     Bank of China (Hong Kong) Limited                                US Dollar     12,500,000                              Bank of China (Hong Kong) Limited
     Bank of China (Hong Kong) Limited, Cabang Jakarta                US Dollar     12,500,000              Bank of China (Hong Kong) Limited, Jakarta Branch

     Jumlah                                                           US Dollar    390,000,000                                                           Total




                                                                 Halaman - 5/79 - Page
Page 563
                                                PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                              NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                           31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                           (Expressed in millions of Rupiah, unless otherwise stated)


14. PINJAMAN (lanjutan)                                                     14. BORROWINGS (continued)

     Pinjaman sindikasi dengan PT Bank HSBC                                      Syndicated loans with PT Bank HSBC Indonesia
     Indonesia sebagai agen fasilitas (lanjutan)                                 as facility agent (continued)

     Perseroan telah menggunakan fasilitas ini sebesar                           The Company has utilised this facility amounted to
     Dolar AS 390.000.000 (nilai penuh) pada tanggal                             US Dollar 390,000,000 (full amount) on 26 June
     26 Juni 2023, 11 Agustus 2023, 8 November 2023,                             2023, 11 August 2023, 8 November 2023,
     11 Desember 2023, 16 Januari 2024, 22 Januari                               11 December 2023, 16 January 2024, 22 January
     2024, 26 Februari 2024, 27 Maret 2024, 13 Mei 2024,                         2024, 26 February 2024, 27 Maret 2024, 13 May
     14 Mei 2024, 20 Mei 2024, 19 Agustus 2024,                                  2024, 14 May 2024, 20 May 2024, 19 August 2024,
     23 September 2024, dan 26 November 2024,                                    23 September 2024, and 26 November 2024 where
     masing-masing sejumlah Dolar AS 50.000.000, Dolar                           each drawdown amounted to US Dollar 50,000,000,
     AS 20.000.000, Dolar AS 25.000.000, Dolar AS                                US Dollar 20,000,000, US Dollar 25,000,000 and US
     25.000.000, Dolar AS 25.000.000, Dolar AS                                   Dollar 25,000,000, US Dollar 25,000,000, US Dollar
     25.000.000, Dolar AS 25.000.000, Dolar AS                                   25,000,000, US Dollar 25,000,000, US Dollar
     30.000.000, Dolar AS 25.000.000, Dolar AS                                   30,000,000, US Dollar 25,000,000, US Dollar
     25.000.000, Dolar AS 50.000.000, Dolar AS                                   25,000,000, US Dollar 50,000,000, US Dollar
     25.000.000, Dolar AS 20.000.00, dan Dolar AS                                25,000,000, US Dollar 20,000,000, and US Dollar
     20.000.000 (nilai penuh) dengan pembayaran cicilan                          20,000,000 (full amount), respectively, with quarterly
     pokok triwulan yang dimulai 3 bulan sejak tanggal                           repayment commenced 3 months after the drawdown
     penarikan.                                                                  date.

     Selama tahun 2025, Perseroan telah melakukan                                During 2025, the Company has paid loan facilities
     pembayaran atas fasilitas pinjaman dari PT Bank                             from PT Bank HSBC Indonesia amounted to US
     HSBC Indonesia sebesar Dolar AS 130.000.000                                 Dollar 130,000,000 (full amount) or equivalent to
     (nilai penuh) atau ekuivalen Rp 2.141.627 (2024:                            Rp 2,141,627 (2024: US Dollar 86,666,667 (full
     Dolar AS 86.666.667 (nilai penuh) atau ekuivalen                            amount) or equivalent to Rp 1,378,665).
     Rp 1.378.665).
     Pembayaran bunga dan pokok pinjaman telah                                   Interest and principal have been paid by the
     dibayarkan oleh Perseroan sesuai dengan jadwal.                             Company on schedule.
     Pada tanggal 18 April 2024, Perseroan menerima                              On 18 April 2024, the Company has obtained a
     fasilitas kredit melalui utang Sindikasi dengan nilai                       syndicated loan facility amounted to US Dollar
     sebesar Dolar AS 60.000.000 (nilai penuh), dengan                           60,000,000 (full amount), with PT Bank HSBC
     PT Bank HSBC Indonesia sebagai agen fasilitas.                              Indonesia as a facility agent. The availability period of
     Jangka waktu penarikan fasilitas ini adalah 12 bulan                        this facility is 12 months since the loan signing date.
     sejak ditandatanganinya perjanjian pinjaman.

     Pinjaman sindikasi tersebut diperoleh dari:                                 The syndicated loans were received from:
                                                            Fasilitas maksimum (nilai penuh)/
                                                             Maximum facilities (full amount)
     PT Bank Mizuho Indonesia                                   US Dollar     20,000,000                                   PT Bank Mizuho Indonesia
     MUFG Bank,Ltd., Cabang Singapura                           US Dollar     20,000,000                          MUFG Bank,Ltd., Singapore Branch
     Sumitomo Mitsui Banking Corporation Cabang Singapura       US Dollar     20,000,000        Sumitomo Mitsui Banking Corporation Singapore Branch

     Jumlah                                                     US Dollar     60,000,000                                                       Total

     Perseroan telah menggunakan fasilitas ini sebesar                           The Company has utilised this facility amounted to
     Dolar AS 60,000,000 (nilai penuh) pada tanggal                              US Dollar 60,000,000 (full amount) on 28 May 2024,
     28 Mei 2024, 10 Juni 2024 dan 27 Juni 2024 masing-                          10 June 2024 and 27 June 2024 where each
     masing sejumlah Dolar AS 15.000.000, Dolar AS                               drawdown amounted to US Dollar 15,000,000, US
     20.000.000 dan Dolar AS 25.000.000 (nilai penuh)                            Dollar 20,000,000 dan US Dollar 25,000,000 (full
     dengan pembayaran cicilan pokok triwulan yang                               amount), respectively, with quarterly repayment
     dimulai 3 bulan sejak tanggal penarikan.                                    commenced 3 months after the drawdown date.

     Selama tahun 2025, Perseroan telah melakukan                                During 2025, the Company has paid loan facilities
     pembayaran atas fasilitas pinjaman dari PT Bank                             from PT Bank HSBC Indonesia amounted to US
     HSBC Indonesia sebesar Dolar AS 20.000.000 (nilai                           Dollar 20,000,000 (full amount) or equivalent to
     penuh) atau ekuivalen Rp 328.913 (2024: Dolar AS                            Rp 328,913 (2024: US Dollar 10,000,000 (full
     10.000.000 (nilai penuh) atau ekuivalen Rp 157.339).                        amount) or equivalent to Rp 157,339).

     Pembayaran bunga dan pokok pinjaman telah                                  Interest and principal have been paid by the
     dibayarkan oleh Perseroan sesuai dengan jadwal.                            Company on schedule.

                                                            Halaman - 5/80 - Page
Page 564
                                                 PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                                  NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                               31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                               (Expressed in millions of Rupiah, unless otherwise stated)


14. PINJAMAN (lanjutan)                                                         14. BORROWINGS (continued)

     Pinjaman sindikasi dengan PT Bank HSBC                                          Syndicated loans with PT Bank HSBC Indonesia
     Indonesia sebagai agen fasilitas (lanjutan)                                     as facility agent (continued)

     Pada tanggal 31 Desember 2025, saldo terutang                                   As at 31 December 2025, total outstanding balance
     atas pinjaman terhadap PT Bank HSBC Indonesia                                   from PT Bank HSBC Indonesia amounted to
     sebesar Dolar AS 192.804.184 (nilai penuh) atau                                 US Dollar 192,804,184 (full amount) or equivalent to
     ekuivalen Rp 3.235.639 (2024: Dolar AS                                          Rp 3,235,639 (2024: US Dollar 341,776,055 (full
     341.776.055    (nilai penuh)   atau    ekuivalen                                amount) or equivalent to Rp 5,523,785).
     Rp 5.523.785).

     Pinjaman sindikasi dengan CTBC Bank Co., Ltd                                    Syndicated loans with CTBC Bank Co., Ltd as
     sebagai agen fasilitas                                                          facility agent
     Pada tanggal 18 Desember 2024, Perseroan                                        On 18 December 2024, the Company has obtained a
     menerima fasilitas kredit melalui utang Sindikasi                               syndicated loan facility amounted to US Dollar
     dengan nilai sebesar Dolar AS 200.000.000 (nilai                                200,000,000 (full amount), with CTBC Bank Co., Ltd
     penuh), dengan CTBC Bank Co., Ltd sebagai agen                                  as a facility agent. The availability period of this facility
     fasilitas. Jangka waktu penarikan fasilitas ini adalah                          is 12 months since the loan signing date.
     12 bulan sejak ditandatanganinya perjanjian
     pinjaman.

     Pinjaman sindikasi tersebut diperoleh dari:                                     The syndicated loans were received from:

                                                                Fasilitas maksimum (nilai penuh)/
                                                                 Maximum facilities (full amount)

     Citibank, N.A., Cabang Jakarta                                 US Dollar     35,000,000                                     Citibank, N.A., Jakarta Branch
     The Korea Development Bank, Cabang Singapura                   US Dollar     35,000,000                  The Korea Development Bank, Singapore Branch
     CTBC Bank Co., Ltd., Cabang Singapura                          US Dollar     35,000,000                          CTBC Bank Co., Ltd., Singapore Branch
     Taipei Fubon Commercial Bank Co., Ltd., Cabang Singapura       US Dollar     35,000,000        Taipei Fubon Commercial Bank Co., Ltd., Singapore Branch
     The Shanghai Commercial & Savings Bank, Ltd.                                                               The Shanghai Commercial & Savings Bank, Ltd.
         Offshore Banking Branch                                    US Dollar     20,000,000                                       Offshore Banking Branch
     Taishin International Bank Co., Ltd                            US Dollar     20,000,000                                Taishin International Bank Co., Ltd
     Mega International Commercial Bank Co., Ltd.,                                                               Mega International Commercial Bank Co., Ltd.,
         Cabang Singapura                                           US Dollar     10,000,000                                               Singapore Branch
     Taiwan Cooperative Bank, Offshore Banking Branch               US Dollar     10,000,000                Taiwan Cooperative Bank, Offshore Banking Branch

     Jumlah                                                         US Dollar    200,000,000                                                              Total


     Perseroan telah menggunakan fasilitas ini sebesar                               The Company has utilised this facility amounted to
     Dolar AS 200.000.000 (nilai penuh) pada tanggal                                 US Dollar 200,000,000 (full amount) on 6 February
     6 Februari 2025, 6 Mei 2025, 9 Mei 2025, 14 Mei                                 2025, 6 May 2025, 9 May 2025, 14 May 2025, 18
     2025, 18 Juni 2025, 11 Juli 2025, 8 Oktober 2025,                               June 2025, 11 July 2025, 8 October 2025, and 18
     dan 18 Desember 2025, masing-masing sejumlah                                    December 2025, where each drawdown is US
     Dolar AS 55.000.000, Dolar AS 25.000.000,                                       Dollar   55,000,000,      US    Dollar  25,000,000,
     Dolar AS 15.000.000, Dolar AS 30.000.000, Dolar                                 US Dollar 15,000,000, US Dollar 30,000,000, US
     AS 20.000.000, Dolar AS 20.000.000, Dolar AS                                    Dollar 20,000,000, US Dollar 20,000,000, US Dollar
     15.000.000, dan Dolar AS 20.000.000 (nilai penuh)                               15,000,000, and US Dollar 20,000,000 (full amount),
     dengan pembayaran cicilan pokok triwulan yang                                   respectively with quarterly repayment commenced 3
     dimulai 3 bulan sejak tanggal penarikan.                                        months after the drawdown date.

     Selama tahun 2025, Perseroan telah melakukan                                    During 2025, the Company has paid loan facilities
     pembayaran atas fasilitas pinjaman dari CTBC Bank                               from CTBC Bank Co., Ltd amounted to US Dollar
     Co., Ltd sebesar Dolar AS 30.416.667 (nilai penuh)                              30,416,667 (full amount) or equivalent to Rp 503,772
     atau ekuivalen Rp 503.772 (2024: Dolar AS nihil                                 (2024: US Dollar nil (full amount) or equivalent to Rp
     (nilai penuh) atau ekuivalen Rp nihil).                                         nil).

     Pembayaran bunga dan pokok pinjaman telah                                       Interest and principal have been paid by the
     dibayarkan oleh Perseroan sesuai dengan jadwal.                                 Company on schedule.

     Pada tanggal 31 Desember 2025, saldo terutang                                   As of 31 December 2025, total outstanding balance
     atas pinjaman terhadap CTBC Bank Co., Ltd                                       From CTBC Bank Co., Ltd amounted to US Dollar
     sebesar Dolar AS 168,675,664 atau ekuivalen                                     168,675,664 or equivalent to Rp 2,830,715.
     Rp 2.830.715 (2024: Dolar AS nihil (nilai penuh) atau                           (2024: US Dollar nil (full amount) or equivalent to
     ekuivalen Rp nihil).                                                            Rp nil).


                                                                Halaman - 5/81 - Page
Page 565
                                                 PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                          31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


14. PINJAMAN (lanjutan)                                                    14. BORROWINGS (continued)

     Pinjaman sindikasi dengan Bank of China (Hong                              Syndicated loans with Bank of China (Hong
     Kong) Limited, Cabang Jakarta sebagai agen                                 Kong) Limited, Jakarta Branch as facility agent
     fasilitas

     Pada tanggal 29 November 2024, Perseroan                                   On 29 November 2024, the Company has obtained a
     menerima fasilitas kredit melalui utang Sindikasi                          syndicated loan facility amounted to US Dollar
     dengan nilai sebesar Dolar AS 150.000.000 (nilai                           150,000,000 (full amount), with Bank of China (Hong
     penuh), dengan Bank of China (Hong Kong) Limited,                          Kong) Limited, Jakarta Branch as a facility agent. The
     Cabang Jakarta sebagai agen fasilitas. Jangka waktu                        availability period of this facility is 12 months since the
     penarikan fasilitas ini adalah 12 bulan sejak                              loan signing date.
     ditandatanganinya perjanjian pinjaman.

     Pinjaman sindikasi tersebut diperoleh dari:                                The syndicated loans were received from:

                                                           Fasilitas maksimum (nilai penuh)/
                                                            Maximum facilities (full amount)

     Bank of China (Hong Kong) Limited                         US Dollar    100,000,000                          Bank of China (Hong Kong) Limited
     Bank of China (Hong Kong) Limited, Cabang Jakarta         US Dollar     50,000,000           Bank of China (Hong Kong) Limited Jakarta Branch

     Jumlah                                                    US Dollar    150,000,000                                                      Total


     Perseroan telah menggunakan fasilitas ini sebesar                          The Company has utilised this facility amounted to
     Dolar AS 150.000.000 (nilai penuh) pada tanggal                            US Dollar 150,000,000 (full amount) on 6 May 2025,
     6 Mei 2025, 9 Mei 2025, 27 Mei 2025, 18 Juni 2025,                         9 May 2025, 27 May 2025, 18 June 2025,
     12 Agustus 2025, 21 Agustus 2025, dan                                      12 August 2025, 21 August 2025, and
     19 September 2025 masing-masing sejumlah Dolar                             19 September 2025 where each drawdown is
     AS     25.000.000,     Dolar    AS    15.000.000,                          US Dollar 25,000,000, US Dollar 15,000,000,
     Dolar AS 25.000.000, Dolar AS 20.000.000, Dolar                            US Dollar 25,000,000, US Dollar 20,000,000, US
     AS 20.000.000, Dolar AS 10.000.000, dan Dolar AS                           Dollar 20,000,000, US Dollar 10,000,000, US Dollar
     35.000.000 (nilai penuh) dengan pembayaran cicilan                         35,000,000 (full amount), respectively with quarterly
     pokok triwulan yang dimulai 3 bulan sejak tanggal                          repayment commenced 3 months after the drawdown
     penarikan.                                                                 date.

     Selama tahun 2025, Perseroan telah melakukan                               During 2025, the Company has paid loan facilities
     pembayaran atas fasilitas pinjaman dari Bank of                            from Bank of China (Hong Kong) Limited, Jakarta
     China (Hong Kong) Limited, Cabang Jakarta sebesar                          Branch amounted to US Dollar 19,583,333 (full
     Dolar AS 19.583.333 (nilai penuh) atau ekuivalen Rp                        amount) or equivalent to Rp 324,041 (2024: US
     324.041 (2024: Dolar AS nihil (nilai penuh) atau                           Dollar nil (full amount) or equivalent to Rp nil).
     ekuivalen Rp nihil).

     Pembayaran bunga dan pokok pinjaman telah                                  Interest and principal have been paid by the
     dibayarkan oleh Perseroan sesuai dengan jadwal.                            Company on schedule.

     Pada tanggal 31 Desember 2025, saldo terutang                              As of 31 December 2025, total outstanding balance
     atas pinjaman terhadap Bank of China (Hong Kong)                           From Bank of China (Hong Kong) Limited, Jakarta
     Limited,       cabang       Jakarta          sebesar                       Branch amounted to US Dollar 129,695,590 (full
     Dolar AS 129.695.590 (nilai penuh) atau ekuivalen                          amount) or equivalent to Rp 2,176,552. (2024: US
     Rp 2.176.552 (2024: Dolar AS nihil (nilai penuh) atau                      Dollar nil (full amount) or equivalent to Rp nil).
     ekuivalen Rp nihil).




                                                           Halaman - 5/82 - Page
Page 566
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                         31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


14. PINJAMAN (lanjutan)                                                    14. BORROWINGS (continued)

     Pinjaman sindikasi dengan PT                   Bank     DBS                Syndicated loans with PT Bank DBS Indonesia as
     Indonesia sebagai agen fasilitas                                           facility agent

     Pada tanggal 15 Juli 2021, Perseroan telah                                 On 15 July 2021, the Company has obtained a
     menerima fasilitas kredit melalui utang Sindikasi                          syndicated loan facility amounted to US Dollar
     dengan nilai sebesar Dolar AS 300.000.000 (nilai                           300,000,000 (full amount), with PT Bank DBS
     penuh), dengan PT Bank DBS Indonesia sebagai                               Indonesia as a facility agent. The availability period of
     agen fasilitas. Jangka waktu penarikan fasilitas ini                       this facility is 12 months since the loan signing date.
     adalah 12 bulan sejak ditandatanganinya perjanjian
     pinjaman.

     Pinjaman sindikasi tersebut diperoleh dari:                                The syndicated loans were received from:
                                                           Fasilitas maksimum (nilai penuh)/
                                                            Maximum facilities (full amount)
     Australia New Zealand Banking Group,                                                                Australia New Zealand Banking Group,
       Singapore Branch                                       US Dollar     25,000,000                                     Singapore Branch
     DBS Bank, Ltd                                            US Dollar     25,000,000                                           DBS Bank, Ltd
     PT Bank Mizuho Indonesia                                 US Dollar     25,000,000                               PT Bank Mizuho Indonesia
     MUFG Bank, Ltd, Jakarta Branch                           US Dollar     25,000,000                         MUFG Bank, Ltd, Jakarta Branch
     Oversea-Chinese Banking Corporation Limited              US Dollar     25,000,000            Oversea-Chinese Banking Corporation Limited
     Sumitomo Mitsui Banking Corporation,                                                                 Sumitomo Mitsui Banking Corporation,
       Singapore Branch                                       US Dollar     25,000,000                                     Singapore Branch
     BNP Paribas Indonesia                                    US Dollar     20,000,000                                   BNP Paribas Indonesia
     Shinsei Bank Limited                                     US Dollar     20,000,000                                    Shinshei Bank Limited
     Taipei Fubon Commercial Bank Co. Ltd                     US Dollar     20,000,000                   Taipei Fubon Commercial Bank Co. Ltd
     The Hongkong and Shanghai Banking                                                                    The Hongkong and Shanghai Banking
        Corporation, Ltd                                      US Dollar     20,000,000                                       Corporation, Ltd
     The Korea Development Bank, Singapore Branch             US Dollar     20,000,000          The Korea Development Bank, Singapore Branch
     Bank of China, Hongkong Branch                           US Dollar     12,500,000                         Bank of China, Hongkong Branch
     Bank of China, Jakarta Branch                            US Dollar     12,500,000                            Bank of China, Jakarta Branch
     Cathay United Bank                                       US Dollar     10,000,000                                      Cathay United Bank
     PT Bank UOB Indonesia                                    US Dollar      7,500,000                                 PT Bank UOB Indonesia
     United Overseas Bank Limited                             US Dollar      7,500,000                            United Overseas Bank Limited
     Total                                                    US Dollar    300,000,000                                                   Total
     Perseroan telah menggunakan fasilitas ini sebesar                          The Company has utilised total amount US Dollar
     Dolar AS 300.000.000 (nilai penuh) pada tanggal                            300,000,000 (full amount) of this facility through
     22 November 2021, 6 Desember 2021, 11 April                                drawdown on 22 November 2021, 6 December 2021,
     2022, 14 April 2022, 27 Mei 2022, 2 Juni 2022,                             11 April 2022, 14 April 2022, 27 May 2022, 2 June
     23 Juni 2022, 12 Juli 2022, dan 14 Juli 2022 masing-                       2022, 23 June 2022, 12 July 2022, and 14 July 2022
     masing sejumlah Dolar AS 30.000.000, Dolar AS                              where each drawdown amounted to US Dollar
     20.000.000, Dolar AS 40.000.000, Dolar AS                                  30,000,000, US Dollar 20,000,000, US Dollar
     60.000.000, Dolar AS 30.000.000, Dolar AS                                  40,000,000, US Dollar 60,000,000, US Dollar
     30.000.000, Dolar AS 40.000.000, Dollar AS                                 30,000,000, US Dollar 30,000,000, US Dollar
     30.000.000, dan Dollar AS 20.000.000 (nilai Penuh)                         40,000,000, US Dollar 30,000,000, and US Dollar
     dengan pembayaran cicilan pokok triwulan yang                              20,000,000 (full amount), respectively with quarterly
     dimulai 3 bulan sejak tanggal penarikan.                                   repayment commenced 3 months after the drawdown
                                                                                date.

     Selama tahun 2025, Perseroan telah melakukan                               During 2025, the Company has paid loan facilities
     pembayaran atas fasilitas pinjaman dari PT Bank                            from PT Bank DBS Indonesia amounted to US Dollar
     DBS Indonesia sebesar Dolar AS 45.833.333 (nilai                           45,833,333 (full amount) or equivalent to
     penuh) atau ekuivalen Rp 750.295. (2024: Dolar AS                          Rp 750,295. (2024: US Dollar 100,000,000 (full
     100.000.000    (nilai  penuh)    atau    ekuivalen                         amount) or equivalent to Rp 1,579,828).
     Rp 1.579.828).

     Pembayaran bunga dan pokok pinjaman telah                                  Interest and principal have been paid by the
     dibayarkan oleh Perseroan sesuai dengan jadwal.                            Company on schedule. This facility has been paid-in
     Fasilitas ini telah dibayarkan secara penuh dan tidak                      full and was not renewed.
     diperpanjang.

     Pada tanggal 31 Oktober 2025, Perseroan menerima                           On 31 October 2025, the Company has obtained a
     fasilitas kredit melalui utang sindikasi dengan nilai                      syndicated loan facility amounted to US Dollar
     sebesar Dolar AS 330.000.000 (nilai penuh), dengan                         330,000,000 (full amount), with PT Bank DBS
     PT Bank DBS Indonesia sebagai agen fasilitas.                              Indonesia as a facility agent. The availability period of
     Jangka waktu penarikan fasilitas ini adalah 12 bulan                       this Facility is 12 months since the loan signing date
     sejak ditandatanganinya perjanjian pinjaman.


                                                           Halaman - 5/83 - Page
Page 567
                                              PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                            31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                            (Expressed in millions of Rupiah, unless otherwise stated)


14. PINJAMAN (lanjutan)                                                       14. BORROWINGS (continued)

     Pinjaman sindikasi dengan PT Bank                       DBS                  Syndicated loans with PT Bank DBS Indonesia as
     Indonesia sebagai agen fasilitas (lanjutan)                                  facility agent (continued)
     Pinjaman sindikasi tersebut diperoleh dari:                                  The syndicated loans were received from:
                                                           Fasilitas maksimum (nilai penuh)/
                                                            Maximum facilities (full amount)
     The Korea Development Bank,                                                                                     The Korea Development Bank,
       Cabang Singapura                                       US Dollar        50,000,000                                      Singapore Branch
     The Korea Development Bank,                                                                                     The Korea Development Bank,
       Cabang Tokyo                                           US Dollar        10,000,000                                         Tokyo Branch
     PT Bank KEB Hana Indonesia                               US Dollar        15,000,000                             PT Bank KEB Hana Indonesia
     PT Bank Mizuho Indonesia                                 US Dollar        30,000,000                                PT Bank Mizuho Indonesia
     Bank of China (Hong Kong) Limited, Cabang Jakarta        US Dollar        17,500,000        Bank of China (Hong Kong) Limited, Jakarta Branch
     PT Bank DBS Indonesia                                    US Dollar        30,000,000                                  PT Bank DBS Indonesia
     MUFG Bank, Ltd., Cabang Jakarta                          US Dollar        30,000,000                          MUFG Bank Ltd., Jakarta Branch
     Oversea-Chinese Banking Corporation Limited              US Dollar        50,000,000            Oversea-Chinese Banking Corporation Limited
     Australia and New Zealand Banking Group Limited,                                            Australia and New Zealand Banking Group Limited,
       Cabang Singapura                                       US Dollar        25,000,000                                        Singapore Branch
     Taipei Fubon Commercial Bank Co. Ltd                     US Dollar        15,000,000                    Taipei Fubon Commercial Bank Co. Ltd
     The Hongkong and Shanghai Banking                                                                        The Hongkong and Shanghai Banking
        Corporation, Ltd                                      US Dollar        25,000,000                                        Corporation, Ltd
     BNP Paribas, Cabang Singapura                            US Dollar        15,000,000                           BNP Paribas, Singapore Branch
     Bank of China (Hong Kong) Limited                        US Dollar        17,500,000                        Bank of China (Hong Kong) Limited
     Jumlah                                                   US Dollar       330,000,000                                                    Total

     Pembayaran bunga dan pokok pinjaman telah                                    Interest and principal have been paid by the
     dibayarkan oleh Perseroan sesuai dengan jadwal.                              Company on schedule.
     Pada tanggal 31 Desember 2025, Perseroan belum                               As of 31 December 2025, the Company has not
     melakukan penarikan terhadap fasilitas ini. Fasilitas                        utilised this facility. This facility will mature on
     ini akan jatuh tempo pada 31 Oktober 2026.                                   31 October 2026.
     Pada tanggal 31 Desember 2025, saldo terutang                                As at 31 December 2025, total outstanding balance
     atas pinjaman terhadap PT Bank DBS Indonesia                                 from PT Bank DBS Indonesia amounted to US Dollar
     sebesar Dolar AS 45.766.427 (nilai penuh) atau                               nil (full amount) or equivalent to Rp nil (2024: US
     ekuivalen Rp 739.677 (2023: Dolar AS 145.258.627                             Dollar 45,766,427 (full amount) or equivalent to
     (nilai penuh) atau ekuivalen Rp 2.239.307).                                  Rp 739,677).

15. SURAT BERHARGA YANG DITERBITKAN                                           15. SECURITIES ISSUED
                                                             2025                  2024
     Rupiah                                                                                                                             Rupiah
     Nilai nominal:                                                                                                               Nominal value:
     - Obligasi Berkelanjutan V                                                                                         Continuance Bonds V -
           Tahap III Tahun 2022                                           -           806,973                          Phase III Year 2022
     - Obligasi Berkelanjutan V                                                                                         Continuance Bonds V -
           Tahap IV Tahun 2022                                            -           676,240                          Phase IV Year 2022
     - Obligasi Berkelanjutan V                                                                                         Continuance Bonds V -
           Tahap V Tahun 2023                                 1,964,777             1,964,777                          Phase V Year 2023
     - Obligasi Berkelanjutan VI                                                                                       Continuance Bonds VI -
           Tahap I Tahun 2023                                   433,850               433,850                           Phase I Year 2023
     - Obligasi Berkelanjutan VI                                                                                       Continuance Bonds VI -
           Tahap II Tahun 2023                                  250,784               250,784                           Phase II Year 2023
     - Obligasi Berkelanjutan VI                                                                                       Continuance Bonds VI -
           Tahap III Tahun 2024                                 890,563             2,000,000                          Phase III Year 2024
     - Obligasi Berkelanjutan VI                                                                                       Continuance Bonds VI -
           Tahap IV Tahun 2024                                1,247,826             2,500,000                          Phase IV Year 2024
     - Obligasi Berkelanjutan VI                                                                                       Continuance Bonds VI -
           Tahap V Tahun 2025                                 2,500,000                      -                         Phase V Year 2025
     - Obligasi Berkelanjutan VII                                                                                      Continuance Bonds VII -
           Tahap I Tahun 2025                                   500,000                      -                          Phase I Year 2025
     - Obligasi Berkelanjutan VII                                                                                      Continuance Bonds VII -
           Tahap II Tahun 2025                                2,500,000                      -                          Phase II Year 2025
                                                             10,287,800             8,632,624
     Dikurangi:                                                                                                                          Less:
       Biaya emisi belum diamortisasi                            (14,353)             (12,141)               Unamortised bond issuance costs
     Bersih                                                  10,273,447             8,620,483                                                 Net
     Amortisasi biaya emisi obligasi                                                                                      Amortisation of bonds
       (lihat Catatan 24)                                        13,477                13,654                  issuance cost (refer to Note 24)

                                                           Halaman - 5/84 - Page
Page 568
                                             PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                          31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                            (Expressed in millions of Rupiah, unless otherwise stated)


15. SURAT BERHARGA                   YANG        DITERBITKAN                15. SECURITIES ISSUED (continued)
    (lanjutan)
                                                             2025                  2024

     Utang obligasi sesuai dengan                                                                                    Bonds have the followings
       jatuh temponya:                                                                                                             maturity:
       - < 1 tahun                                            5,871,673             3,844,824                                   < 1 year -
       - 1 – 2 tahun                                          2,138,389             2,649,411                                1 – 2 years -
       - 2 – 3 tahun                                          2,277,738             2,138,389                                2 – 3 years -

                                                             10,287,800             8,632,624

     Berikut adalah nilai tercatat atas jumlah obligasi dan                        Below are the carrying amount of the bonds and the
     beban bunga yang masih harus dibayar:                                         accrued interest expense:

                                                             2025                  2024

     Obligasi                                                10,287,800             8,632,624                                            Bonds
     Beban bunga yang masih harus dibayar                                                                             Accrued interest expense
       (lihat Catatan 11)                                        70,235                38,400                              (refer to Note 11)

                                                             10,358,035             8,671,024

     Obligasi Berkelanjutan V Tahap III Tahun 2022                                 Continuance Bonds V Phase III Year 2022
               Obligasi/            Nilai nominal/          Tingkat bunga tetap/                Jatuh tempo/           Cicilan pokok Obligasi/
                Bonds               Nominal value            Fixed interest rate                  Due date           Bonds principal installment
     Seri/Serie A                            1,193,027              3.50%                        5 April 2023     Pembayaran penuh pada saat
                                                                                                                  jatuh tempo/Bullet payment on
                                                                                                                  due date
     Seri/Serie B                             806,973               5.60%                        25 Maret/        Pembayaran penuh pada saat
                                                                                                March 2025        jatuh tempo/Bullet payment on
                                                                                                                  due date


     Bunga Obligasi Berkelanjutan V Tahap III Tahun                                Interest on Continuance Bonds V Phase III Year
     2022 akan dibayarkan setiap triwulanan.                                       2022 will be paid on a quarterly basis.

     Bunga Obligasi Berkelanjutan V Tahap III Tahun                                Interest of Continuance Bonds V Phase III Year 2022
     2022 telah dibayarkan oleh Perseroan sesuai                                   have been paid by the Company on schedule.
     dengan jadwal.

     Pada tanggal 31 Desember 2025 dan 2024,                                       As of 31 December 2025 and 2024, the rating of
     peringkat Obligasi Berkelanjutan V Tahap III Tahun                            Continuance Bonds V Phase III Year 2022 Serie B
     2022 Seri B ini menurut Pefindo adalah idAAA (triple                          based Pefindo was idAAA (triple A, stable outlook)
     A, stable outlook) dan Fitch Ratings AAA (idn).                               and Fitch Ratings was AAA (idn).

     Perseroan telah melunasi Obligasi Berkelanjutan V                             The Company has fully repaid Continuance Bonds V
     Tahap III Tahun 2022 Seri A pada tanggal 5 April                              Phase III Year 2022 Serie A on 5 April 2023 and
     2023 dan Obligasi Berkelanjutan V Tahap III Tahun                             Continuance Bonds V Phase III Year 2022 Serie B on
     2022 Seri B pada tanggal 25 Maret 2025.                                       25 March 2025.

    Obligasi Berkelanjutan V Tahap IV Tahun 2022                                   Continuance Bonds V Phase IV Year 2022
               Obligasi/            Nilai nominal/          Tingkat bunga tetap/             Jatuh tempo/              Cicilan pokok Obligasi/
                Bonds               Nominal value            Fixed interest rate               Due date              Bonds principal installment
     Seri/Serie A                             500,760               5.00%                  8 November 2023        Pembayaran penuh pada saat
                                                                                                                  jatuh tempo/Bullet payment on
                                                                                                                  due date
     Seri/Serie B                             676,240               6.80%                       28 Oktober/       Pembayaran penuh pada saat
                                                                                                October 2025      jatuh tempo/Bullet payment on
                                                                                                                  due date

     Bunga Obligasi Berkelanjutan V Tahap IV Tahun                                 Interest on Continuance Bonds V Phase IV Year
     2022 akan dibayarkan setiap triwulanan.                                       2022 will be paid on a quarterly basis.

     Bunga Obligasi Berkelanjutan V Tahap IV Tahun                                 Interest of Continuance Bonds V Phase IV Year 2022
     2022 telah dibayarkan oleh Perseroan sesuai                                   have been paid by the Company on schedule.
     dengan jadwal.



                                                           Halaman - 5/85 - Page
Page 569
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                          31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                            (Expressed in millions of Rupiah, unless otherwise stated)


15. SURAT BERHARGA                  YANG        DITERBITKAN                15. SECURITIES ISSUED (continued)
    (lanjutan)

    Obligasi Berkelanjutan V Tahap IV Tahun 2022                                   Continuance Bonds V Phase IV Year 2022
    (lanjutan)                                                                     (continued)

     Pada tanggal 31 Desember 2025 dan 2024,                                       As of 31 December 2025 and 2024, the rating of
     peringkat Obligasi Berkelanjutan V Tahap IV Tahun                             Continuance Bonds V Phase IV Year 2022 Serie B
     2022 Seri B ini menurut Pefindo adalah idAAA (triple                          based on Pefindo was idAAA (triple A, stable outlook)
     A, stable outlook) dan Fitch Ratings AAA (idn).                               and Fitch Ratings was AAA (idn).

     Perseroan telah melunasi Obligasi Berkelanjutan V                             The Company has fully repaid Continuance Bonds V
     Tahap IV Tahun 2022 Seri A pada tanggal                                       Phase IV Year 2022 Serie A on 8 November 2023
     8 November 2023 dan Obligasi Berkelanjutan V                                  and Continuance Bonds V Phase III Year 2022 Serie
     Tahap IV Tahun 2022 Seri B pada tanggal                                       B on 28 October 2025.
     28 Oktober 2025.

     Obligasi Berkelanjutan V Tahap V Tahun 2023                                   Continuance Bonds V Phase V Year 2023
               Obligasi/           Nilai nominal/           Tingkat bunga tetap/             Jatuh tempo/              Cicilan pokok Obligasi/
                Bonds              Nominal value             Fixed interest rate               Due date              Bonds principal installment
     Seri/Serie A                           1,035,223               6.00%                      5 Maret/           Pembayaran penuh pada saat
                                                                                              March 2024          jatuh tempo/Bullet payment on
                                                                                                                  due date
     Seri/Serie B                          1,964,777               6.80%                      24 Februari/        Pembayaran penuh pada saat
                                                                                             February 2026        jatuh tempo/Bullet payment on
                                                                                                                  due date

     Bunga Obligasi Berkelanjutan V Tahap V Tahun                                  Interest on Continuance Bonds V Phase V Year 2023
     2023 akan dibayarkan setiap triwulanan.                                       will be paid on a quarterly basis.

     Bunga Obligasi Berkelanjutan V Tahap V Tahun                                  Interest of Continuance Bonds V Phase V Year 2023
     2023 telah dibayarkan oleh Perseroan sesuai                                   have been paid by the Company on schedule.
     dengan jadwal.
     Pada tanggal 31 Desember 2025 dan 2024,                                       As of 31 December 2025 and 2024, the rating of
     peringkat Obligasi Berkelanjutan V Tahap V Tahun                              Continuance Bonds V Phase V Year 2023 Serie A
     2023 Seri A dan Seri B ini menurut Pefindo adalah                             and Serie B based on Pefindo was idAAA (triple A,
     idAAA (triple A, stable outlook) dan Fitch Ratings                            stable outlook) and Fitch Ratings was AAA (idn).
     AAA (idn).

     Perseroan telah melunasi Obligasi Berkelanjutan V                             The Company has fully repaid Continuance Bonds V
     Tahap V Tahun 2023 Seri A pada tanggal 5 Maret                                Phase V Year 2023 Serie A on 5 March 2024.
     2024.

     Obligasi Berkelanjutan VI Tahap I Tahun 2023                                  Continuance Bonds VI Phase I Year 2023
              Obligasi/            Nilai nominal/           Tingkat bunga tetap/             Jatuh tempo/              Cicilan pokok Obligasi/
               Bonds               Nominal value             Fixed interest rate               Due date              Bonds principal installment
     Seri/Serie A                            566,150                5.50%                       21 Juli/          Pembayaran penuh pada saat
                                                                                               July 2024          jatuh tempo/Bullet payment on
                                                                                                                  due date
     Seri/Serie B                            433,850               6.00%                        11 Juli/          Pembayaran penuh pada saat
                                                                                               July 2026          jatuh tempo/Bullet payment on
                                                                                                                  due date
     Bunga Obligasi Berkelanjutan VI Tahap I Tahun                                 Interest on Continuance Bonds VI Phase I Year 2023
     2023 akan dibayarkan setiap triwulanan.                                       will be paid on a quarterly basis.

     Bunga Obligasi Berkelanjutan VI Tahap I Tahun                                 Interest of Continuance Bonds VI Phase I Year 2023
     2023 telah dibayarkan oleh Perseroan sesuai                                   have been paid by the Company on schedule.
     dengan jadwal.
     Perseroan telah melunasi Obligasi Berkelanjutan VI                            The Company has fully repaid Continuance Bonds VI
     Tahap I Tahun 2023 Seri A pada tanggal 21 Juli                                Phase I Year 2023 Serie A on 21 July 2024.
     2024.
                                                                                   As of 31 December 2025 and 2024, the rating of
     Pada tanggal 31 Desember 2025 dan 2024,
                                                                                   Continuance Bonds VI Phase I Year 2023 Serie A
     peringkat Obligasi Berkelanjutan VI Tahap I Tahun
                                                                                   and Serie B based on Pefindo was idAAA (triple A,
     2023 Seri A dan Seri B ini menurut Pefindo adalah                             stable outlook).
     idAAA (triple A, stable outlook).


                                                           Halaman - 5/86 - Page
Page 570
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                          31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                            (Expressed in millions of Rupiah, unless otherwise stated)


15. SURAT BERHARGA                  YANG        DITERBITKAN                15. SECURITIES ISSUED (continued)
    (lanjutan)

     Obligasi Berkelanjutan VI Tahap II Tahun 2023                                 Continuance Bonds VI Phase II Year 2023
              Obligasi/            Nilai nominal/           Tingkat bunga tetap/             Jatuh tempo/              Cicilan pokok Obligasi/
               Bonds               Nominal value             Fixed interest rate               Due date              Bonds principal installment
     Seri/Serie A                            849,216                6.40%                  26 November 2024       Pembayaran penuh pada saat
                                                                                                                  jatuh tempo/Bullet payment on
                                                                                                                  due date
     Seri/Serie B                            250,784               6.75%                   16 November 2026       Pembayaran penuh pada saat
                                                                                                                  jatuh tempo/Bullet payment on
                                                                                                                  due date

     Bunga Obligasi Berkelanjutan VI Tahap II Tahun                                Interest on Continuance Bonds VI Phase II Year
     2023 akan dibayarkan setiap triwulanan.                                       2023 will be paid on a quarterly basis.
     Bunga Obligasi Berkelanjutan VI Tahap II Tahun                                Interest of Continuance Bonds VI Phase II Year 2023
     2023 telah dibayarkan oleh Perseroan sesuai                                   have been paid by the Company on schedule.
     dengan jadwal.
     Pada tanggal 31 Desember 2025 dan 2024,                                       As of 31 December 2025 and 2024, the rating of
     peringkat Obligasi Berkelanjutan VI Tahap II Tahun                            Continuance Bonds VI Phase II Year 2023 Serie A
     2023 Seri A dan Seri B ini menurut Pefindo adalah                             and Serie B based on Pefindo was idAAA (triple A,
     idAAA (triple A, stable outlook).                                             stable outlook).
     Perseroan telah melunasi Obligasi Berkelanjutan VI                            The Company has fully repaid Continuance Bonds VI
     Tahap II Tahun 2023 Seri A pada tanggal                                       Phase II Year 2023 Serie A on 26 November 2024.
     26 November 2024.

     Obligasi Berkelanjutan VI Tahap III Tahun 2024                                Continuance Bonds VI Phase III Year 2024
              Obligasi/            Nilai nominal/           Tingkat bunga tetap/             Jatuh tempo/              Cicilan pokok Obligasi/
               Bonds               Nominal value             Fixed interest rate               Due date              Bonds principal installment
     Seri/Serie A                           1,109,437               6.40%                    12 April 2025        Pembayaran penuh pada saat
                                                                                                                  jatuh tempo/Bullet payment on
                                                                                                                  due date
     Seri/Serie B                            890,563               6.55%                      2 April 2027        Pembayaran penuh pada saat
                                                                                                                  jatuh tempo/Bullet payment on
                                                                                                                  due date


     Bunga Obligasi Berkelanjutan VI Tahap III Tahun                               Interest on Continuance Bonds VI Phase III Year
     2024 akan dibayarkan setiap triwulanan.                                       2024 will be paid on a quarterly basis.

     Bunga Obligasi Berkelanjutan VI Tahap III Tahun                               Interest of Continuance Bonds VI Phase III Year
     2024 telah dibayarkan oleh Perseroan sesuai                                   2024 have been paid by the Company on schedule.
     dengan jadwal.

     Pada tanggal 31 Desember 2025 dan 2024,                                       As of 31 December 2025 and 2024, the rating of
     peringkat Obligasi Berkelanjutan VI Tahap III Tahun                           Continuance Bonds VI Phase III Year 2024 Serie A
     2024 Seri A dan Seri B ini menurut Pefindo adalah                             and Serie B based on Pefindo was idAAA (triple A,
     idAAA (triple A, stable outlook).                                             stable outlook).

     Perseroan telah melunasi Obligasi Berkelanjutan VI                            The Company has fully repaid Continuance Bonds VI
     Tahap III Tahun 2024 Seri A pada tanggal 12 April                             Phase III Year 2024 Serie A on 12 April 2025.
     2025.




                                                           Halaman - 5/87 - Page
Page 571
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                          31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                            (Expressed in millions of Rupiah, unless otherwise stated)


15. SURAT BERHARGA                  YANG        DITERBITKAN                15. SECURITIES ISSUED (continued)
    (lanjutan)

     Obligasi Berkelanjutan VI Tahap IV Tahun 2024                                 Continuance Bonds VI Phase IV Year 2024

              Obligasi/            Nilai nominal/           Tingkat bunga tetap/              Jatuh tempo/             Cicilan pokok Obligasi/
               Bonds               Nominal value             Fixed interest rate                Due date             Bonds principal installment
     Seri/Serie A                           1,252,174               6.55%                  16 September 2025      Pembayaran penuh pada saat
                                                                                                                  jatuh tempo/Bullet payment on
                                                                                                                  due date
     Seri/Serie B                          1,247,826               6.90%                   6 September 2027       Pembayaran penuh pada saat
                                                                                                                  jatuh tempo/Bullet payment on
                                                                                                                  due date


     Bunga Obligasi Berkelanjutan VI Tahap IV Tahun                                Interest on Continuance Bonds VI Phase IV Year
     2024 akan dibayarkan setiap triwulanan.                                       2024 will be paid on a quarterly basis.

     Bunga Obligasi Berkelanjutan VI Tahap IV Tahun                                Interest of Continuance Bonds VI Phase IV Year
     2024 telah dibayarkan oleh Perseroan sesuai                                   2024 have been paid by the Company on schedule.
     dengan jadwal.
     Pada tanggal 31 Desember 2025 dan 2024,                                       As of 31 December 2025 and 2024, the rating of
     peringkat Obligasi Berkelanjutan VI Tahap IV Tahun                            Continuance Bonds VI Phase IV Year 2024 Serie A
     2024 Seri A dan Seri B ini menurut Pefindo adalah                             and Serie B based on Pefindo was idAAA (triple A,
     idAAA (triple A, stable outlook).                                             stable outlook).

     Perseroan telah melunasi Obligasi Berkelanjutan VI                            The Company has fully repaid Continuance Bonds VI
     Tahap IV Tahun 2024 Seri A pada tanggal 16                                    Phase IV Year 2024 Serie A on 16 September 2025.
     September 2025.

     Obligasi Berkelanjutan VI Tahap V Tahun 2025                                  Continuance Bonds VI Phase V Year 2025

              Obligasi/            Nilai nominal/           Tingkat bunga tetap/             Jatuh tempo/              Cicilan pokok Obligasi/
               Bonds               Nominal value             Fixed interest rate               Due date              Bonds principal installment
     Seri/Serie A                           1,640,195               6.40%                    25 April 2026        Pembayaran penuh pada saat
                                                                                                                  jatuh tempo/Bullet payment on
                                                                                                                  due date
     Seri/Serie B                            859,805               6.70%                     15 April 2028        Pembayaran penuh pada saat
                                                                                                                  jatuh tempo/Bullet payment on
                                                                                                                  due date


     Bunga Obligasi Berkelanjutan VI Tahap V Tahun                                 Interest on Continuance Bonds VI Phase V Year
     2025 akan dibayarkan setiap triwulanan.                                       2025 will be paid on a quarterly basis.

     Bunga Obligasi Berkelanjutan VI Tahap V Tahun                                 Interest of Continuance Bonds VI Phase V Year 2025
     2025 telah dibayarkan oleh Perseroan sesuai                                   have been paid by the Company on schedule.
     dengan jadwal.
     Pada tanggal 31 Desember 2025, peringkat Obligasi                             As of 31 December 2025, the rating of Continuance
     Berkelanjutan VI Tahap V Tahun 2025 Seri A dan                                Bonds VI Phase V Year 2025 Serie A and Serie B
     Seri B ini menurut Pefindo adalah idAAA (triple A,                            based on Pefindo was idAAA (triple A, stable
     stable outlook).                                                              outlook).




                                                           Halaman - 5/88 - Page
Page 572
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                          31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                            (Expressed in millions of Rupiah, unless otherwise stated)


15. SURAT BERHARGA                  YANG        DITERBITKAN                15. SECURITIES ISSUED (continued)
    (lanjutan)

     Obligasi Berkelanjutan VII Tahap I Tahun 2025                                 Continuance Bonds VII Phase I Year 2025

              Obligasi/            Nilai nominal/           Tingkat bunga tetap/             Jatuh tempo/              Cicilan pokok Obligasi/
               Bonds               Nominal value             Fixed interest rate               Due date              Bonds principal installment
     Seri/Serie A                            112,067                6.15%                   18 Juli/July 2026     Pembayaran penuh pada saat
                                                                                                                  jatuh tempo/Bullet payment on
                                                                                                                  due date
     Seri/Serie B                            387,933               6.55%                    8 Juli/July 2028      Pembayaran penuh pada saat
                                                                                                                  jatuh tempo/Bullet payment on
                                                                                                                  due date


     Bunga Obligasi Berkelanjutan VII Tahap I Tahun                                Interest on Continuance Bonds VII Phase I Year
     2025 akan dibayarkan setiap triwulanan.                                       2025 will be paid on a quarterly basis.

     Bunga Obligasi Berkelanjutan VII Tahap I Tahun                                Interest of Continuance Bonds VII Phase I Year 2025
     2025 telah dibayarkan oleh Perseroan sesuai                                   have been paid by the Company on schedule.
     dengan jadwal.
     Pada tanggal 31 Desember 2025, peringkat Obligasi                             As of 31 December 2025, the rating of Continuance
     Berkelanjutan VII Tahap I Tahun 2025 Seri A dan                               Bonds VII Phase I Year 2025 Serie A and Serie B
     Seri B ini menurut Fitch Ratings adalah AAA(idn)                              based on Fitch Ratings was AAA(idn) (Triple A).
     (Triple A).

     Obligasi Berkelanjutan VII Tahap II Tahun 2025                                Continuance Bonds VII Phase II Year 2025

              Obligasi/            Nilai nominal/           Tingkat bunga tetap/              Jatuh tempo/             Cicilan pokok Obligasi/
               Bonds               Nominal value             Fixed interest rate                Due date             Bonds principal installment
     Seri/Serie A                           1,470,000               5.85%                  22 September 2026      Pembayaran penuh pada saat
                                                                                                                  jatuh tempo/Bullet payment on
                                                                                                                  due date
     Seri/Serie B                          1,030,000               6.15%                   12 September 2028      Pembayaran penuh pada saat
                                                                                                                  jatuh tempo/Bullet payment on
                                                                                                                  due date


     Bunga Obligasi Berkelanjutan VII Tahap II Tahun                               Interest on Continuance Bonds VII Phase II Year
     2025 akan dibayarkan setiap triwulanan.                                       2025 will be paid on a quarterly basis.

     Bunga Obligasi Berkelanjutan VII Tahap II Tahun                               Interest of Continuance Bonds VII Phase II Year
     2025 telah dibayarkan oleh Perseroan sesuai                                   2025 have been paid by the Company on schedule.
     dengan jadwal.
     Pada tanggal 31 Desember 2025, peringkat Obligasi                             As of 31 December 2025, the rating of Continuance
     Berkelanjutan VII Tahap II Tahun 2025 Seri A dan                              Bonds VII Phase II Year 2025 Serie A and Serie B
     Seri B ini menurut Fitch Ratings adalah AAA(idn)                              based on Fitch Ratings was AAA(idn) (Triple A).
     (Triple A).

     Perjanjian    perwaliamanatan       untuk   Obligasi                          The trustee agreements Continuance Bonds V
     Berkelanjutan V Tahap III Tahun 2022, Obligasi                                Phase III Year 2022, Continuance Bonds V Phase IV
     Berkelanjutan V Tahap IV Tahun 2022, Obligasi                                 Year 2022, Continuance Bonds V Phase V Year
     Berkelanjutan V Tahap V Tahun 2023, Obligasi                                  2023, Continuance Bonds VI Phase I Year 2023,
     Berkelanjutan VI Tahap I Tahun 2023, Obligasi                                 Continuance Bonds VI Phase II Year 2023,
     Berkelanjutan VI Tahap II Tahun 2023, Obligasi                                Continuance Bonds VI Phase III Year 2024,
     Berkelanjutan VI Tahap III Tahun 2024, Obligasi                               Continuance Bonds VI Phase IV Year 2024,
     Berkelanjutan VI Tahap IV Tahun 2024, Obligasi                                Continuance Bonds VI Phase V Year 2025,
     Berkelanjutan VI Tahap V Tahun 2025, Obligasi                                 Continuance Bonds VI Phase I Year 2025,
     Berkelanjutan VII Tahap I Tahun 2025, dan Obligasi                            Continuance Bonds VI Phase II Year 2025,
     Berkelanjutan VII Tahap II Tahun 2025 mengatur                                Continuance Bonds VII Phase I Year 2025, and
     beberapa pembatasan yang harus dipenuhi oleh                                  Continuance Bonds VII Phase II Year 2025 provide
     Perseroan antara lain rasio jumlah pinjaman                                   several negative covenants to the Company, among
     terhadap ekuitas tidak melebihi rasio 10:1.                                   others, debt to equity ratio at the maximum of 10:1.




                                                           Halaman - 5/89 - Page
Page 573
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                    31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                      (Expressed in millions of Rupiah, unless otherwise stated)


16. ASET DAN LIABILITAS DERIVATIF                                       16. DERIVATIVE ASSETS AND LIABILITIES

     Pada tanggal 31 Desember 2025, Perseroan                               As at 31 December 2025, the Company has several
     mempunyai beberapa kontrak cross currency swap                         outstanding cross currency swap contracts and
     dan interest rate swap dengan pihak ketiga yang                        interest rate swap with third parties which are
     belum jatuh tempo dengan PT Bank CIMB Niaga                            PT Bank CIMB Niaga Tbk, PT Bank BNP Paribas
     Tbk, PT Bank BNP Paribas Indonesia, PT Bank DBS                        Indonesia, PT Bank DBS Indonesia, PT Bank Mandiri
     Indonesia, PT Bank Mandiri (Persero) Tbk, PT Bank                      (Persero) Tbk, PT Bank Maybank Indonesia Tbk, PT
     Maybank Indonesia Tbk, PT Bank Mizuho Indonesia,                       Bank Mizuho Indonesia, PT Bank Permata Tbk, and
     PT Bank Permata Tbk, dan MUFG Bank, Ltd                                MUFG Bank, Ltd., Jakarta Branch.
     Cabang., Jakarta.

     Pada tanggal 31 Desember 2024, Perseroan                               As at 31 December 2024, the Company has several
     mempunyai beberapa kontrak cross currency swap                         outstanding cross currency swap contracts and
     dan interest rate swap dengan pihak ketiga yang                        interest rate swap with third parties which are
     belum jatuh tempo dengan PT Bank CIMB Niaga                            PT Bank CIMB Niaga Tbk, PT Bank BNP Paribas
     Tbk, PT Bank BNP Paribas Indonesia, PT Bank UOB                        Indonesia, PT Bank UOB Indonesia, PT Bank DBS
     Indonesia, PT Bank DBS Indonesia, PT Bank Mandiri                      Indonesia, PT Bank Mandiri (Persero) Tbk, PT Bank
     (Persero) Tbk, PT Bank Maybank Indonesia Tbk, dan                      Maybank Indonesia Tbk, dan PT Bank Permata Tbk.
     PT Bank Permata Tbk.

     Perseroan melakukan kontrak cross currency swap                        The Company entered into cross currency swap and
     dan interest rate swap dalam rangka mengantisipasi                     interest rate swap contracts in order to mitigate the
     risiko fluktuasi tingkat bunga dan nilai tukar atas                    risk of fluctuations in interest rates and exchange
     pinjaman bank yang diterbitkan dalam mata uang                         rates from bank loans in foreign currency.
     asing.

     Perubahan atas nilai wajar dari aset dan liabilitas                    Changes in the fair value of derivative assets and
     derivatif, pada tanggal 31 Desember 2025 sejumlah                      liabilities, as at 31 December 2025 amounted to Rp
     Rp 131.254 - debit (2024: Rp 5.566 - debit) dicatat                    131,254 - debit (2024: Rp 5,566 - debit) is recorded
     sebagai “Cadangan lindung nilai arus kas” pada                         as “Cash flow hedges reserve” in the Equity.
     Ekuitas.

     Untuk tahun yang berakhir pada tanggal                                  For the year ended 31 December 2025, the total
     31 Desember 2025, jumlah sebesar Rp 209.276                             amount of Rp 209,276 (credit) has been reclassified
     (kredit) telah direklasifikasikan dari ekuitas ke laporan               from equity to the current year profit and loss (2024:
     laba rugi tahun berjalan (2024: Rp 180.326 (debit)).                    Rp 180,326 (debit). The amount consists of
     Jumlah tersebut terdiri dari Rp 209,276 yang didebit                    Rp 209,276 debited to interest on bank loans in profit
     pada bunga pinjaman pinjaman bunga pinjaman                             and loss (2024: Rp 173,083 (credit) and Rp 7,243
     pinjaman di laba rugi (2024: Rp 180.326                                 (debit), respectively). The amount consists of
     (kredit).masing-masing Rp 173.083 (kredit) dan                          Rp 209,276 debited to interest on bank loans in profit
     Rp 7.243 (debit)). Jumlah tersebut terdiri dari Rp                      and loss (2024: Rp 180,326 (credit)). The foreign
     209,276 yang didebit pada bunga pinjaman di laba                        exchange gain or loss reclassified from equity is
     rugi (2024: masing-masing Rp 173.083 (kredit) dan                       offset against the foreign exchange gain or loss from
     Rp 7.243 (debit)). Jumlah laba rugi selisih kurs yang                   related hedged borrowings in the statements of profit
     direklasifikasi dari ekuitas dikompensasikan di                         or loss and other comprehensive income.
     laporan laba rugi dan penghasilan komprehensif
     lainnya terhadap laba rugi selisih kurs dari pinjaman,
     yang terkait dengan lindung nilai.




                                                           Halaman - 5/90 - Page
Page 574
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                                NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                             31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                               (Expressed in millions of Rupiah, unless otherwise stated)


16. ASET DAN LIABILITAS DERIVATIF (lanjutan)                                16. DERIVATIVE                  ASSETS       AND          LIABILITIES
                                                                                (continued)
                                                                                                                  31 Desember/December 2025
                                                                                                                     Nilai wajar/Fair values
                                                                                                                  Aset                    Liabilitas
                                              Jumlah nosional/          Tanggal             Tanggal jatuh        derivatif/               derivatif/
                        Instrumen/            Notional amount          Perjanjian/             tempo/           Derivative                Derivative
                       Instruments                 (“000”)           Agreement date         Maturity date        Assets                   liabilities


                                             Dolar AS/                 02 Desember/           05 Januari/
     PT Bank CIMB Niaga Tbk
                                             US Dollar      44,500    December 2025          January 2026                      823                        -
                                             Dolar AS/                                          19 Mei/
     PT Bank DBS Indonesia                                           15 September 2025
                                             US Dollar      21,389                            May 2028                        5,348                       -
                                             Dolar AS/                    07 Mei/               14 Mei/
     BNP Paribas
                                             US Dollar      16,250       May 2025             May 2028                            -                 2,479
                                             Dolar AS/                  30 Januari/          04 Februari/
     PT Bank Maybank Indonesia, Tbk
                                             US Dollar      14,625     January 2025        February 2028                       891                        -
                                             Dolar AS/                    20 Mei/               27 Mei/
     BNP Paribas
                                             US Dollar      13,888       May 2025             May 2028                            -                      58
                                             Dolar AS/                                          05 Mei/
     PT Bank DBS Indonesia
                                             US Dollar      13,541     28 April 2025          May 2028                            -                 6,501
                                             Dolar AS/                 11 Desember/         18 Desember/
     BNP Paribas                                                                                                                      -
                                             US Dollar      13,000    December 2025        December 2028                       154                        -
                                             Dolar AS/                     13 Mei/              20 Mei/
     PT Bank CIMB Niaga Tbk
                                             US Dollar      12,660       May 2024             May 2027                        3,690                       -
                                             Dolar AS/                     13 Mei/              20 Mei/
     PT Bank CIMB Niaga Tbk
                                           U US Dollar      12,340       May 2024             May 2027                        3,592                       -
                                             Dolar AS/                  05 Agustus/          12 Agustus/
     BNP Paribas
                                             US Dollar      12,222      August 2025          August 2028                      1,276                       -
                                             Dolar AS/                   30 Januari/         04 Februari/
     PT Bank CIMB Niaga Tbk
                                             US Dollar      12,188     January 2025        February 2028                       354                        -
                                             Dolar AS/                     08 Juli/             11 Juli/
     MUFG Bank, Ltd.
                                             US Dollar      11,917        July 2025           July 2028                       2,465                       -
                                             Dolar AS/                     12 Juni/            18 Juni/
     BNP Paribas
                                             US Dollar      11,111       June 2025            June 2028                       2,197                       -
                                             Dolar AS/                     12 Juni/            18 Juni/
     BNP Paribas
                                             US Dollar      10,833       June 2025            June 2028                       2,141                       -
                                             Dolar AS/                                      19 September
     PT Bank DBS Indonesia                                           15 September 2025
                                             US Dollar      10,694                               2028                         2,679                       -
                                             Dolar AS/                  01 Oktober/          08 Oktober/
     BNP Paribas
                                             US Dollar       9,750     October 2025         October 2028                          -                     111
                                             Dolar AS/                    07 Mei/               14 Mei/
     BNP Paribas
                                             US Dollar       8,750       May 2025             May 2028                            -                 1,332
                                             Dolar AS/                                          05 Mei/
     PT Bank DBS Indonesia
                                             US Dollar       8,333     29 April 2025          May 2028                            -                 3,299
                                             Dolar AS/                    05 Mei/               09 Mei/
     PT Bank Maybank Indonesia, Tbk
                                             US Dollar       8,333       May 2025             May 2028                            -                     634
                                             Dolar AS/                    20 Juni/             28 Juni/
     PT Bank CIMB Niaga Tbk
                                             US Dollar       8,333       June 2024            June 2027                           -                     198
                                             Dolar AS/                    05 Mei/               09 Mei/
     PT Bank Maybank Indonesia, Tbk
                                             US Dollar       8,125       May 2025             May 2028                            -                     619
                                             Dolar AS/                  30 Januari/           4 Februari/
     PT Bank Maybank Indonesia, Tbk
                                             US Dollar       7,875     January 2025        February 2028                       483                        -
                                             Dolar AS/                  14 Agustus/          19 Agustus/
     PT Bank CIMB Niaga Tbk
                                             US Dollar       7,385     August 2024           August 2027                      5,180                       -
                                             Dolar AS/                                          05 Mei/
     PT Bank DBS Indonesia
                                             US Dollar       7,292     28 April 2025          May 2028                            -                 3,500
                                             Dolar AS/                  14 Agustus/          19 Agustus/
     PT Bank CIMB Niaga Tbk
                                             US Dollar       7,198      August 2024          August 2027                      5,043                       -
                                             Dolar AS/                 11 Desember/         18 Desember/
     BNP Paribas
                                             US Dollar       7,000    December 2025        December 2028                        85                        -
                                             Dolar AS/                    20 Mei/               27 Mei/
     BNP Paribas
                                             US Dollar       6,944       May 2025             May 2028                            -                      26
                                             Dolar AS/
     PT Bank CIMB Niaga Tbk                                          21 November 2024     26 November 2027
                                             US Dollar       6,752                                                            2,566                       -
                                             Dolar AS/                   04 Juni/             10 Juni/
     PT Bank CIMB Niaga Tbk
                                             US Dollar       6,667      June 2024            June 2027                        1,374                       -
                                             Dolar AS/
     PT Bank CIMB Niaga Tbk                                          21 November 2024     26 November 2027
                                             US Dollar       6,581                                                            2,497                       -
                                             Dolar AS/                  30 Januari/          4 Februari/
     PT Bank CIMB Niaga Tbk
                                             US Dollar       6,563     January 2025         February 2028                      194                        -
                                             Dolar AS/                    08 Juli/             11 Juli/
     MUFG Bank, Ltd.
                                             US Dollar       6,417       July 2025            July 2028                       1,332                       -
                                             Dolar AS/                    03 Mei/              13 Mei/
     PT Bank DBS Indonesia
                                             US Dollar       6,330       May 2024             May 2027                        1,932                       -
                                             Dolar AS/                   22 Maret/            27 Maret/
     PT Bank Maybank Indonesia, Tbk
                                             US Dollar       6,330      March 2024           March 2027                       4,454                       -
                                             Dolar AS/                    07 Mei/              14 Mei/
     PT Bank CIMB Niaga Tbk
                                             US Dollar       6,330       May 2024             May 2027                        2,126                       -
                                             Dolar AS/                    03 Mei/              13 Mei/
     PT Bank DBS Indonesia
                                             US Dollar       6,170       May 2024             May 2027                        1,881                       -




                                                           Halaman - 5/91 - Page
Page 575
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                                NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                             31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                               (Expressed in millions of Rupiah, unless otherwise stated)


16. ASET DAN LIABILITAS DERIVATIF (lanjutan)                                16. DERIVATIVE                  ASSETS       AND          LIABILITIES
                                                                                (continued)
                                                                                                                  31 Desember/December 2025
                                                                                                                     Nilai wajar/Fair values
                                                                                                                  Aset                 Liabilitas
                                              Jumlah nosional/          Tanggal             Tanggal jatuh        derivatif/            derivatif/
                       Instrumen/             Notional amount          Perjanjian/             tempo/           Derivative             Derivative
                      Instruments                  (“000”)           Agreement date         Maturity date        Assets                Liabilities

                                            Dolar AS/                     22 Maret/            27 Maret/
     PT Bank Maybank Indonesia, Tbk
                                            US Dollar        6,170      March 2024           March 2027                       4,338                   -
                                            Dolar AS/                      07 Mei/              14 Mei/
     PT Bank CIMB Niaga Tbk
                                            US Dollar        6,170       May 2024             May 2027                        2,069                   -
                                            Dolar AS/                   05 Agustus/          12 Agustus/
     BNP Paribas
                                            US Dollar        6,111      August 2025          August 2028                       641                    -
                                            Dolar AS/                   14 Agustus/          21 Agustus/
     BNP Paribas
                                            US Dollar        6,111      August 2025          August 2028                      2,849                   -
                                            Dolar AS/                  17 September         23 September
     BNP Paribas
                                            US Dollar        5,908          2024                 2027                         7,072                   -
                                            Dolar AS/                      12 Juni/             18 Juni/
     BNP Paribas
                                            US Dollar        5,833       June 2025            June 2028                       1,156                   -
                                            Dolar AS/                  17 September/        23 September
     BNP Paribas
                                            US Dollar        5,759    September 2024             2027                         6,887                   -
                                            Dolar AS/                      12 Juni/             18 Juni/
     BNP Paribas
                                            US Dollar        5,556       June 2025            June 2028                       1,102                   -
                                            Dolar AS/                      29 April/            05 Mei/
     PT Bank Mizuho Indonesia
                                            US Dollar        5,556       April 2025           May 2028                           -               1,581
                                            Dolar AS/                    15 Januari/          22 Januari/
     PT Bank Maybank Indonesia, Tbk
                                            US Dollar        5,275     January 2024         January 2027                      5,076                   -
                                            Dolar AS/                    11 Januari/          19 Januari/
     PT Bank CIMB Niaga Tbk
                                            US Dollar        5,275     January 2024         January 2027                      4,874                   -
                                            Dolar AS/                   21 Februari/         26 Februari/
     BNP Paribas
                                            US Dollar        5,275     February 2024       February 2027                      4,783                   -
                                            Dolar AS/                   01 Oktober/          08 Oktober/
     BNP Paribas
                                            US Dollar        5,250     October 2025         October 2028                         -                    59
                                            Dolar AS/                    15 Januari/          22 Januari/
     PT Bank Maybank Indonesia, Tbk
                                            US Dollar        5,142     January 2024         January 2027                      4,945                   -
                                            Dolar AS/                    11 Januari/          19 Januari/
     PT Bank CIMB Niaga Tbk
                                            US Dollar        5,142     January 2024         January 2027                      4,747                   -
                                            Dolar AS/                   21 Februari/         26 Februari/
     BNP Paribas
                                            US Dollar        5,141     February 2024       February 2027                      4,316                   -
                                            Dolar AS/                      20 Mei/              28 Mei/
     PT Bank Maybank Indonesia, Tbk
                                            US Dollar        5,000       May 2024             May 2027                        2,069                   -
                                            Dolar AS/                      05 Mei/               9 Mei/
     PT Bank Maybank Indonesia, Tbk
                                            US Dollar        4,375       May 2025             May 2028                           -                   332
                                            Dolar AS/                                       08 November
     PT Bank Permata Tbk                                             02 November 2023
                                            US Dollar        4,220                               2026                         2,615                   -
                                            Dolar AS/                  05 Desember/         11 Desember/
     PT Bank Maybank Indonesia, Tbk
                                            US Dollar        4,220    December 2023        December 2026                      4,361                   -
                                            Dolar AS/                                           05 Mei/
     PT Bank DBS Indonesia
                                            US Dollar        4,167     29 April 2025          May 2028                           -               1,649
                                            Dolar AS/                     05 Mei/               09 Mei/
     PT Bank Maybank Indonesia, Tbk
                                            US Dollar        4,167      May 2025              May 2028                           -                   316
                                            Dolar AS/                    20 Juni/               28 Juni/
     PT Bank CIMB Niaga Tbk
                                            US Dollar        4,167      June 2024             June 2027                          -                    98
                                            Dolar AS/                                       08 November
     PT Bank Permata Tbk                                             02 November 2023
                                            US Dollar        4,113                               2026                         2,547                   -
                                            Dolar AS/                  05 Desember/         11 Desember/
     PT Bank Maybank Indonesia, Tbk
                                            US Dollar        4,113    December 2023        December 2026                      4,248                   -
                                            Dolar AS/                     04 Juni/              10 Juni/
     PT Bank CIMB Niaga Tbk
                                            US Dollar        3,333       June 2024            June 2027                        688                    -
                                            Dolar AS/                   14 Agustus/          21 Agustus/
     BNP Paribas
                                            US Dollar        3,056      August 2025          August 2028                      1,427                   -
                                            Dolar AS/                                           05 Mei/
     PT Bank Mizuho Indonesia
                                            US Dollar        2,778     29 April 2025          May 2028                           -               3,162
                                            Dolar AS/                   07 Agustus/          11 Agustus/
     PT Bank CIMB Niaga Tbk
                                            US Dollar        2,532     August 2023           August 2026                      3,447                   -
                                            Dolar AS/                     20 Mei/               28 Mei/
     PT Bank Maybank Indonesia, Tbk
                                            US Dollar        2,500       May 2024             May 2027                        1,036                   -
                                            Dolar AS/                   07 Agustus/          11 Agustus/
     PT Bank CIMB Niaga Tbk
                                            US Dollar        2,468     August 2023           August 2026                      3,358                   -
                                            Dolar AS/                     20 Juni/              26 Juni/
     PT Bank Mandiri (Persero), Tbk
                                            US Dollar        2,110       June 2023            June 2026                       3,496                   -
                                            Dolar AS/                     20 Juni/              26 Juni/
     PT Bank CIMB Niaga Tbk
                                            US Dollar        2,110       June 2023            June 2026                       3,316                   -
                                            Dolar AS/                     20 Juni/              26 Juni/
     PT Bank Mandiri (Persero), Tbk
                                            US Dollar        2,057       June 2023            June 2026                       3,407                   -
                                            Dolar AS/                     20 Juni/              26 Juni/
     PT Bank CIMB Niaga Tbk                 US Dollar        2,057       June 2023            June 2026                       3,231                   -
                                            Dolar AS/
                                            US Dollar      537,833                                                      148,858                  25,954


                                            Total          537,833                                                      148,858                 25,954




                                                           Halaman - 5/92 - Page
Page 576
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                                NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                             31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                               (Expressed in millions of Rupiah, unless otherwise stated)


16. ASET DAN LIABILITAS DERIVATIF (lanjutan)                                16. DERIVATIVE                   ASSETS       AND          LIABILITIES
                                                                                (continued)

                                                                                                                   31 Desember/December 2024
                                                                                                                      Nilai wajar/Fair values
                                                                                                                   Aset                    Liabilitas
                                              Jumlah nosional/          Tanggal             Tanggal jatuh         derivatif/               derivatif/
                      Instrumen/              Notional amount          Perjanjian/             tempo/            Derivative                Derivative
                     Instruments                   (“000”)           Agreement date         Maturity date         Assets                   Liabilities
                                             Dolar AS/                   13 Mei/                20 Mei/                                -
     PT Bank CIMB Niaga Tbk                                 21,100                                                                 -                 1,645
                                             US Dollar                  May 2024              May 2027                                 -
     PT Bank CIMB Niaga Tbk                  Dolar AS/      20,566       13 Mei/               20 Mei/                             -                 1,608
                                             US Dollar                  May 2024              May 2027
                                             Dolar AS/                   20 Juni/              27 Juni/
     PT Bank CIMB Niaga Tbk                                 13,889                                                             5,080                       -
                                             US Dollar                  June 2024             June 2027
                                             Dolar AS/                 14 Agustus/           19 Agustus/
     PT Bank CIMB Niaga Tbk                                 11,605                                                             4,299                       -
                                             US Dollar                 August 2024           August 2027
     PT Bank Maybank Indonesia Tbk           Dolar AS/      11,394      22 Maret/            26 Februari/                      3,829   3                   -
                                             US Dollar                 March 2024           February 2027                              9
                                             Dolar AS/                 14 Agustus/           19 Agustus/
     PT Bank CIMB Niaga Tbk                                 11,311                                                             4,182                       -
                                             US Dollar                 August 2024           August 2027
                                             Dolar AS/                   04 Juni/              10 Juni/
     PT Bank CIMB Niaga Tbk                                 11,111                                                             1,610                       -
                                             US Dollar                  June 2024             June 2027
     PT Bank Maybank Indonesia Tbk           Dolar AS/      11,106      22 Maret/            26 Februari/                      3,727                       -
                                             US Dollar                 March 2024           February 2027
                                             Dolar AS/                   03 Mei/               13 Mei/
     PT Bank DBS Indonesia                 U US Dollar      10,550      May 2024              May 2027                             -   -             1,210
                                             Dolar AS/                   07 Mei/               14 Mei/
     PT Bank CIMB Niaga Tbk                  US Dollar      10,550      May 2024              May 2027                             -                     380
                                             Dolar AS/                   07 Mei/               14 Mei/
     PT Bank CIMB Niaga Tbk                                 10,284                                                                 -                     373
                                             US Dollar                  May 2024              May 2027
                                             Dolar AS/                   03 Mei/               13 Mei/
     PT Bank DBS Indonesia                                  10,283                                                                 -                 1,182
                                             US Dollar                  May 2024              May 2027
                                             Dolar AS/
     PT Bank CIMB Niaga Tbk                                 10,128   21 November 2024     26 November 2027                      736                        -
                                             US Dollar
                                             Dolar AS/
     PT Bank CIMB Niaga Tbk                                  9,872   21 November 2024     26 November 2027                      712
                                             US Dollar
     PT Bank Maybank Indonesia Tbk           Dolar AS/       9,495      15 Januari/           22 Januari/                      5,595                       -
                                             US Dollar                 January 2024          January 2027
                                             Dolar AS/                  11 Januari/           16 Januari/
     PT Bank CIMB Niaga Tbk                  US Dollar       9,495     January 2024          January 2027                      5,191                       -
                                             Dolar AS/                  21 Februari/          26 Februari/
     PT Bank BNP Paribas Indonesia                           9,495                                                             5,033                       -
                                             US Dollar                February 2024         February 2027
                                             Dolar AS/                 17 September         23 September
     PT Bank BNP Paribas Indonesia                           9,284                                                             8,391                       -
                                             US Dollar                     2024                  2027
                                             Dolar AS/                  15 Januari/           22 Januari/
     PT Bank Maybank Indonesia Tbk                           9,255                                                             5,448                       -
                                             US Dollar                 January 2024          January 2027
                                             Dolar AS/                  11 Januari/           16 Januari/
     PT Bank CIMB Niaga Tbk                  US Dollar       9,255     January 2024          January 2027                      5,054                       -
                                             Dolar AS/                  21 Februari/          26 Februari/
     PT Bank BNP Paribas Indonesia                           9,255                                                             5,170                       -
                                             US Dollar                February 2024         February 2027
                                             Dolar AS/                 17 September         23 September
     PT Bank BNP Paribas Indonesia                           9,047                                                             8,168                       -
                                             US Dollar                     2024                  2027
     PT Bank Permata Tbk                     Dolar AS/       8,440     02 November          08 November                        1,639                       -
                                             US Dollar                     2023                  2026
                                             Dolar AS/                 05 Desember/         11 Desember/
     PT Bank Maybank Indonesia Tbk                           8,440                                                             5,412                       -
                                             US Dollar                December 2023        December 2026
                                             Dolar AS/                    20 Mei/               28 Mei/
     PT Bank Maybank Indonesia Tbk                           8,333                                                              368                        -
                                             US Dollar                   May 2024              May 2027
                                             Dolar AS/                 05 Desember/         11 Desember/                               -
     PT Bank Maybank Indonesia Tbk                           8,227                                                             5,270                       -
                                             US Dollar                December 2023        December 2026                               -
                                             Dolar AS/
     PT Bank Permata Tbk                                     8,226   02 November 2023     08 November 2026                     1,595                       -
                                             US Dollar
                                             Dolar AS/                   20 Juni/             27 Juni/                                                     -
     PT Bank CIMB Niaga Tbk                  US Dollar       6,944      June 2024            June 2027                         2,540
                                             Dolar AS/                   20 Juni/             27 Juni/
     PT Bank Mandiri (Persero) Tbk                           6,330                                                             8,001                       -
                                             US Dollar                  June 2023            June 2026
                                             Dolar AS/                   20 Juni/             27 Juni/                                                     -
     PT Bank CIMB Niaga Tbk                                  6,330                                                             7,001
                                             US Dollar                  June 2023            June 2026
                                             Dolar AS/                   20 Juni/             27 Juni/
     PT Bank Mandiri (Persero) Tbk                           6,170                                                             7,793                       -
                                             US Dollar                  June 2023            June 2026
                                             Dolar AS/                   20 Juni/             27 Juni/                                                     -
     PT Bank CIMB Niaga Tbk                                  6,170                                                             6,819
                                             US Dollar                  June 2023            June 2026
                                             Dolar AS/                 07 Agustus/          11 Agustus/                                                    -
     PT Bank CIMB Niaga Tbk                                  5,908                                                             5,378
                                             US Dollar                 August 2023          August 2026
                                             Dolar AS/                 07 Agustus/          11 Agustus/                                                    -
     PT Bank CIMB Niaga Tbk                                  5,759                                                             5,237
                                             US Dollar                 August 2023          August 2026
                                             Dolar AS/                   04 Juni/             10 Juni/                                                     -
     PT Bank CIMB Niaga Tbk                  US Dollar       5,556      June 2024            June 2027                          804
                                             Dolar AS/                   05 Juli/             14 Juli/
     PT Bank DBS Indonesia                                   4,750                                                             5,272                       -
                                             US Dollar                  July 2022            July 2025
                                             Dolar AS/                                                                                                     -
     PT Bank CIMB Niaga Tbk                                  4,222     04 April 2022        11 April 2025                      7,514
                                             US Dollar
                                             Dolar AS/                   20 Mei/              28 Mei/
     PT Bank Maybank Indonesia, Tbk                          4,167                                                              185                        -
                                             US Dollar                  May 2024             May 2027
                                             Dolar AS/                   20 Juni/             23 Juni/
     PT Bank UOB Indonesia                                   3,167                                                             4,365                       -
                                             US Dollar                  June 2022            June 2025
                                             Dolar AS/                   07 Juli/             14 Juli/
     PT Bank UOB Indonesia                                   3,167                                                             3,567                       -
                                             US Dollar                  July 2022            July 2025
     PT Bank DBS Indonesia                   Dolar AS/                                                                                                     -
                                                             3,167     11 April 2022        14 April 2025                      5,596
                                             US Dollar
     PT Bank DBS Indonesia                   Dolar AS/                   27 Mei/              02 Juni/                                                     -
                                                             3,167                                                             4,899
                                             US Dollar                  May 2022             June 2025
     PT Bank CIMB Niaga Tbk                  Dolar AS/                                                                                                     -
                                                             3,167     11 April 2022        14 April 2025                      5,619
                                             US Dollar
     PT Bank CIMB Niaga Tbk                  Dolar AS/       3,167       23 Mei/               27 Mei/                         4,450                       -
                                             US Dollar                  May 2022              May 2025




                                                           Halaman - 5/93 - Page
Page 577
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                                NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                             31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                               (Expressed in millions of Rupiah, unless otherwise stated)


16. ASET DAN LIABILITAS DERIVATIF (lanjutan)                                16. DERIVATIVE                   ASSETS          AND               LIABILITIES
                                                                                (continued)
                                                                                                                     31 Desember/December 2024
                                                                                                                        Nilai wajar/Fair values
                                                                                                                      Aset                     Liabilitas
                                              Jumlah nosional/           Tanggal            Tanggal jatuh           derivatif/                 derivatif/
                      Instrumen/              Notional amount           Perjanjian/            tempo/              Derivative                  Derivative
                     Instruments                   (“000”)            Agreement date        Maturity date            assets                    Liabilities

                                             Dolar AS/                    05 Juli/             14 Juli/                                                         -
     PT Bank DBS Indonesia                                    2,750                                                              3,053
                                             US Dollar                   July 2022            July 2025
                                             Dolar AS/                                                                                                          -
     PT Bank CIMB Niaga Tbk                                   2,444    04 April 2022         11 April 2025                       4,351
                                             US Dollar
                                             Dolar AS/                   20 Juni/              23 Juni/                                                         -
     PT Bank UOB Indonesia                                    1,833                                                              2,528
                                             US Dollar                  June 2022             June 2025
     PT Bank UOB Indonesia                   Dolar AS/        1,833      07 Juli/               14 Juli/                         2,066                          -
                                             US Dollar                  July 2022             July 2025
     PT Bank DBS Indonesia                   Dolar AS/                                                                                                          -
                                             US Dollar        1,833    11 April 2022         14 April 2025                       3,241
     PT Bank DBS Indonesia                   Dolar AS/                   27 Mei/               02 Juni/                                                         -
                                                              1,833                                                              2,837
                                             US Dollar                  May 2022              June 2025
     PT Bank CIMB Niaga Tbk                  Dolar AS/                                                                                                          -
                                                              1,833    11 April 2022         14 April 2025                       3,254
                                             US Dollar
     PT Bank CIMB Niaga Tbk                  Dolar AS/                   23 Mei/               27 Mei/                                                          -
                                                              1,833                                                              2,577
                                             US Dollar                  May 2022              May 2025
                                             Dolar AS/                   20 Juni/              23 Juni/                                                         -
     PT Bank DBS Indonesia                   US Dollar        1,056     June 2022             June 2025                          1,351
                                             Dolar AS/                   20 Juni/              23 Juni/
     PT Bank DBS Indonesia                                     611                                                                783                           -
                                             US Dollar                  June 2022             June 2025
                                             Dolar AS/
                                             US Dollar      389,163                                                        197,590                           6,398

                                             Total          389,163                                                        197,590                           6,398



17. MODAL SAHAM                   DAN   TAMBAHAN          MODAL             17.        SHARE CAPITAL AND ADDITIONAL PAID-IN
    DISETOR                                                                            CAPITAL
     Modal Saham                                                                       Share Capital

     Pemegang saham Perseroan pada tanggal                                             The Company’s shareholders as at 31 December
     31 Desember 2025 dan 2024 adalah sebagai                                          2025 and 2024 are as follows:
     berikut:
                                                         Modal ditempatkan dan
                                                             disetor penuh                         Persentase                                Jumlah/
                                                              (nilai penuh)/                      kepemilikan/                               Amount
                 Pemegang saham/                          Issued and fully paid                   Percentage of                          (nilai penuh/full
                   Shareholders                               (full amount)                        ownership                                 amount)
     PT Astra International Tbk                                        279,999,900                           99.99996%                       279,999,900,000
     PT Arya Kharisma                                                          100                            0.00004%                               100,000
                                                                       280,000,000                                100%                       280,000,000,000

     Berdasarkan Rapat Umum Pemegang Saham                                             Based on General Meeting of Shareholders dated
     tertanggal 21 April 2025, para pemegang saham                                     on 21 April 2025, the shareholders approved final
     menyetujui pembagian dividen final sejumlah                                       dividend of Rp 1,480,640 or Rp 5,288 (full Rupiah
     Rp 1.480.640 atau Rp 5.288 (Rupiah penuh) per                                     amount) per ordinary share to be paid from 2024 net
     saham biasa dari laba bersih tahun 2024                                           income (2024: Rp 2,787,400 or Rp 9,955 (full
     (2024: Rp 2.787.400 atau Rp 9.955 (Rupiah penuh)                                  Rupiah amount) per ordinary share to be paid from
     per saham biasa dari laba bersih tahun 2023                                       2023 net income based on the Annual General
     berdasarkan Rapat Umum Pemegang Saham                                             Meeting of Shareholders on 19 April 2024).
     Tahunan tanggal 19 April 2024).

     Berdasarkan surat keputusan Direksi Perseroan No.                                 Based on Board of Directors’ decision letter No.
     KepDir-FIF/005/X/2025 tanggal 20 Oktober 2025 dan                                 KepDir-FIF/005/X/2025 tanggal 20 October 2025
     keputusan Dewan Komisaris No. L.Leg/SPDK-                                         and Board of Commissioners’ decision No.
     020/FIF/2025 tanggal 20 Oktober 2025, Dewan                                       L.Leg/SPDK-020/FIF/2025 tanggal 20 October
     Komisaris dan Direksi menyetujui pembagian dividen                                2025, Board of Commissioners and Board of
     interim sejumlah Rp 773.360 atau Rp 2.762 (Rupiah                                 Directors approved interim dividend of Rp 773,360
     penuh) per saham biasa dari laba bersih tahun 2025                                or Rp 2,762 (full Rupiah amount) per ordinary share
     (2024: Rp 727.160 atau Rp 2.597 (Rupiah penuh)                                    to be paid from 2025 net income (2024: Rp 727,160
     per saham biasa dari laba bersih tahun 2024                                       or Rp 2,597 (full Rupiah amount) per ordinary share
     berdasarkan surat keputusan Direksi Perseroan No.                                 to be paid from 2024 net income based Board of
     KepDir-FIF/006/IX/2024 tanggal 9 Oktober 2024 dan                                 Directors’ decision letter No. KepDir-FIF/006/IX/2024
     keputusan Dewan Komisaris No. L.Leg/SPDK-                                         dated 9 October 2024 and Board of Commissioners’
     016/FIF/2024 tanggal 9 Oktober 2024).                                             decision No. L.Leg/SPDK-016/FIF/2024 dated
                                                                                       9 October 2024).

                                                           Halaman - 5/94 - Page
Page 578
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


17. MODAL SAHAM DAN                   TAMBAHAN         MODAL              17.    SHARE CAPITAL AND ADDITIONAL PAID-IN
    DISETOR (lanjutan)                                                           CAPITAL (continued)

     Tambahan Modal Disetor                                                      Additional Paid-in Capital

     Perubahan tambahan modal disetor adalah sebagai                             The movements in additional paid in capital are as
     berikut:                                                                    follows:

                                                             2025               2024
     Saldo awal                                                 36,020             36,020                              Beginning balance
     Tambahan modal disetor                                                                                      Additional paid in capital
       akibat pelepasan                                                                                               due to disposal of
       entitas anak (lihat Catatan 1)                                 -                   -                  subsidiary (refer to Note 1)
     Saldo akhir                                                36,020             36,020                                   Ending balance


18. SALDO LABA YANG SUDAH DITENTUKAN                                      18. APPROPRIATED RETAINED EARNINGS
    PENGGUNAANNYA

     Per tanggal 31 Desember 2025, Perseroan telah                              As of 31 December 2025, the Company has set up
     membentuk penyisihan cadangan wajib sebesar                                statutory reserves of Rp 1,000 (2024: Rp 1,000),
     Rp 1.000 (2024: Rp 1.000), berdasarkan penetapan                           based on the statement of the Annual General
     Rapat Umum Pemegang Saham (“RUPS”) Tahunan                                 Meeting of Shareholders (“GMS”) of PT Federal
     PT Federal International Finance tentang penetapan                         International Finance regarding the stipulation of the
     penggunaan laba bersih Perseroan tahun buku 2024                           use of the Company’s net income for the 2024
     tanggal 9 Mei 2025, yang dinyatakan dalam akta No.                         financial year dated on 9 May 2025, which was
     13 dengan notaris Esther Pascalia Ery Jovina, S.H.,                        notarised under deed No. 13 of Esther Pascalia Ery
     M.Kn., dimana pemegang saham menyetujui untuk                              Jovina, S.H., M.Kn., which the shareholder approved
     menggunakan laba bersih tahun 2024 sebagai                                 the 2024 appropriation of net income as capital
     cadangan modal sebesar Rp 1.000 dan sisanya                                reserves amounting Rp 1,000 and the remaining as
     sebagai laba ditahan.                                                      retained earnings.

     Hal ini telah sesuai dengan Undang-Undang                                  This is in accordance with the Indonesian Limited
     No. 40/2007 mengenai Perseroan Terbatas, yang                              Company Law No. 40/2007, which requires
     mengharuskan      perusahaan-perusahaan    untuk                           companies to set up a statutory reserve until the
     membuat penyisihan cadangan wajib sampai                                   reserve reach at least 20% of the issued and paid up
     cadangan mencapai sekurang-kurangnya 20% dari                              share capital. There is no set period of time over
     jumlah modal yang ditempatkan dan disetor penuh.                           which this amount should be provided.
     Undang-Undang tersebut tidak mengatur jangka
     waktu untuk penyisihan tersebut.


19. PENGHASILAN PEMBIAYAAN KONSUMEN                                       19. CONSUMER FINANCING INCOME

                                                             2025               2024
     Penghasilan pembiayaan konsumen                                                                             Consumer financing income
         - Pihak ketiga                                      10,073,605          9,003,624                             Third parties -
     Penghasilan dari pembiayaan bersama                                                                          Income from joint financing
       without recourse                                                                                                  without recourse
          - Pihak ketiga                                        169,225            105,885                             Third parties -
     Penghasilan dari pembiayaan                                                                                          Income from sharia
       konsumen syariah                                                                                                consumer financing
          - Pihak ketiga                                        644,231            389,568                               Third parties -
     Penghasilan dari pembiayaan bersama                                                                    Income from sharia joint financing
       without recourse syariah                                                                                          without recourse
          - Pihak ketiga                                            29                  20                              Third parties -
                                                             10,887,090          9,499,097




                                                           Halaman - 5/95 - Page
Page 579
                                             PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                         31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                         (Expressed in millions of Rupiah, unless otherwise stated)


20. PENGHASILAN BUNGA DAN DENDA                                             20. INTEREST AND PENALTY INCOME

                                                             2025              2024
     Pihak ketiga                                                                                                                  Third parties
     Denda atas keterlambatan pembayaran                        186,239            156,815                                       Penalty income
     Bunga bank                                                  16,457             24,792                                    Interest from bank
                                                                202,696            181,607
     Pihak berelasi                                                                                                             Related parties
     Bunga bank                                                      414                187                                   Interest from bank
                                                                     414                187
                                                                203,110            181,794

     Lihat Catatan 26 untuk rincian saldo dan transaksi                        Refer to Note 26 for details of related parties
     dengan pihak berelasi.                                                    balances and transactions.


21. PENGHASILAN LAIN-LAIN                                                   21. OTHER INCOME

                                                             2025              2024

     Selisih lebih penerimaan
       pembayaran dari konsumen                                  16,987             16,430                      Excess receipts from customers
     Keuntungan dari penjualan                                                                                     Gain on sale of fixed assets
       aset tetap (lihat Catatan 9)                                   785              2,185                               (refer to Note 9)
     Lain-lain                                                      4,095              4,653                                             Others
                                                                 21,867             23,268


22. PENGHASILAN DARI IJARAH - BERSIH                                        22. INCOME FROM IJARAH - NET

     Pada tanggal 31 Desember 2025, penghasilan dari                           As at 31 December 2025, income from ijarah - net
     ijarah - bersih terdiri dari ijarah muntahiyah bittamlik                  are comprised of ijarah muntahiyah bittamlik (“IMBT”)
     (“IMBT”) dan ijarah multijasa sebesar Rp 2.402.505                        and multi-services ijarah amounting to Rp 2,402,505
     (2024: Rp 2.449.745).                                                     (2024: Rp 2,449,745).

     Pendapatan IMBT - bersih merupakan pendapatan                             Income from IMBT - net represents the principal and
     pokok dan margin IMBT setelah dikurangi beban                             margin income from IMBT after deducting
     penyusutan, amortisasi, dan penurunan nilai aset                          depreciation, amortisation expenses and impairment
     ijarah. Pendapatan ijarah multijasa - bersih                              of ijarah assets. Multiservices ijarah income - net
     merupakan pendapatan ijarah tidak langsung atas                           represents indirect ijarah income from the principal
     margin dan pokok ijarah multijasa setelah dikurangi                       and margin of multi-services ijarah after deducting
     biaya yang dibayarkan kepada pemberi jasa awal.                           fees paid to the initial service provider.

23. BEBAN USAHA                                                             23. OPERATING EXPENSES

                                                             2025               2024
     Pihak ketiga                                                                                                                  Third parties
     Gaji, upah dan kesejahteraan                             1,663,350         1,476,293                       Salaries, wages and allowance
     Penyusutan (lihat Catatan 9)                               301,311           283,469                         Depreciation (refer to Note 9)
     Perbaikan dan pemeliharaan                                 236,674           220,420                            Repairs and maintenance
     Jasa tenaga ahli                                           219,564           212,777                                      Professional fees
     Penyusutan aset hak-guna (lihat Catatan 9)                 131,048           130,051      Right-of-use assets depreciation (refer to Note 9)
     Komunikasi                                                  95,220            89,733                                      Communications
     Pajak dan perijinan                                         64,180            61,267                                   Taxes and licenses
     Pelatihan                                                   55,910            26,429                                                Training
     Iklan dan promosi                                           51,569            48,141                            Advertising and promotion
     Perlengkapan kantor                                         46,344            40,731                                         Office supplies
     Sewa (lihat Catatan 9)                                      40,986            19,224                                 Rent (refer to Note 9)
     Perjalanan                                                  37,360            54,466                                              Travelling
     Listrik, air dan gas                                        34,607            34,090                             Electricity, water and gas
     Sumbangan dan kontribusi                                     9,308             8,016                           Donations and contributions
     Beban pajak final                                            3,374             4,996                                     Final tax expense
     Lain-lain                                                    3,622             4,329                                                 Others
                                                              2,994,427         2,714,432




                                                           Halaman - 5/96 - Page
Page 580
                                             PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                         31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                         (Expressed in millions of Rupiah, unless otherwise stated)


23. BEBAN USAHA (lanjutan)                                                  23. OPERATING EXPENSES (continued)

                                                             2025               2024

     Pihak berelasi                                                                                                            Related parties
     Gaji, upah dan kesejahteraan                               151,859            137,899                       Salary, wages and allowances
     Sewa (lihat Catatan 9)                                      50,224              7,129                                Rent (refer to Note 9)
     Penyusutan aset hak-guna (lihat Catatan 9)                  37,211             65,984     Right-of-use assets depreciation (refer to Note 9)
     Jasa tenaga ahli                                            14,514             12,832                                     Professional fee
     Asuransi                                                     8,619              7,077                                             Insurance
                                                                262,427            230,921
                                                              3,256,854         2,945,353

     Lihat Catatan 26 untuk rincian saldo dan transaksi                        Refer to Note 26 for details of related parties
     dengan pihak berelasi.                                                    balances and transactions.


24. BEBAN BUNGA DAN KEUANGAN                                                24. INTEREST AND FINANCING CHARGES

                                                             2025               2024

     Pihak ketiga                                                                                                                  Third parties
     Bunga pinjaman bank                                      1,570,271         1,320,229                                 Interest on bank loans
     Bunga obligasi                                             623,864           553,364                                      Interest on bonds
     Beban provisi dan administrasi bank                        240,519           194,309                           Provision and bank charges
     Amortisasi biaya emisi                                                                                                Amortisation of bonds
       obligasi (lihat Catatan 15)                               13,477             13,654                    issuance cost (refer to Note 15)
     Beban bunga liabilitas sewa                                 10,001              9,536                   Interest expense on lease liabilities
     Kerugian selisih kurs                                          829                708                             Loss on foreign exchange
                                                              2,458,961         2,091,800

     Pihak berelasi                                                                                                            Related parties
     Beban bunga liabilitas sewa                                    4,467              3,710                 Interest expense on lease liabilities
                                                              2,463,428         2,095,510

     Lihat Catatan 26 untuk rincian saldo dan transaksi                        Refer to Note 26 for details of related parties
     dengan pihak berelasi.                                                    balances and transactions.


25. LIABILITAS IMBALAN KERJA                                                25. EMPLOYEE BENEFIT OBLIGATIONS

                                                             2025               2024

     Imbalan pensiun dan                                                                                               Pension benefits and
       pascakerja lainnya                                      113,920            106,093                  other post-employment benefit
     Imbalan jangka panjang lainnya                            249,875            206,007                           Other long-term benefits

                                                               363,795            312,100

     Liabilitas imbalan kerja untuk tahun-tahun berakhir                       Employee benefit obligations for the years ended
     pada tanggal 31 Desember 2025 dan 2024 dihitung                           31 December 2025 and 2024 is calculated by an
     oleh aktuaris independen Kantor Konsultan Aktuaria                        independent actuary Kantor Konsultan Aktuaria
     Halim dan Rekan dengan menggunakan metode                                 Halim dan Rekan which used the projected unit credit
     projected unit credit. Berikut ini adalah hal-hal                         method. The following are significant matters
     penting yang diungkapkan dalam laporan aktuaria                           disclosed in the actuarial report dated 12 January
     masing-masing tertanggal 12 Januari 2026 dan                              2026 and 10 January 2025, respectively.
     10 Januari 2025.




                                                           Halaman - 5/97 - Page
Page 581
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


25. LIABILITAS IMBALAN KERJA (lanjutan)                                    25. EMPLOYEE BENEFIT OBLIGATIONS (continued)

     Asumsi aktuarial pokok yang digunakan adalah                              The principal actuarial assumptions used are as
     sebagai berikut:                                                          follows:

                                                             2025               2024
     Asumsi ekonomi:                                                                                              Economic assumptions:
     - Tingkat diskonto                                     6.0% - 6.5%       6.3% - 6.5%                                   Discount rate -
     - Kenaikan gaji di masa datang                                6.0%              6.5%                         Future salary increases -
     Asumsi lainnya:                                                                                                    Other assumptions:
     - Tingkat kematian                              TMI (Tabel Mortalitas Indonesia) IV 2019/                           Table of mortality -
                                                         Indonesian Mortality Table IV 2019
     - Tingkat cacat                                         5% dari tingkat mortalitas/                                      Disability rate -
                                                                5% from mortality rate
     - Tingkat pengunduran                       15% per tahun pada usia sampai dengan 25 tahun                             Withdrawal rate -
          peserta                                dan berkurang hingga 1% pada usia 45 tahun dan
                                                      setelahnya/15% per annum up to age 25
                                                and reducing linearly to 1% for age 45 and thereafter
     - Usia pensiun normal                                       55 tahun/55 years                                   Normal retirement age -

     Imbalan pensiun dan pascakerja lainnya                                    Pension and other post-employment benefits
     Sebelum tanggal 6 September 2005, Perseroan                               Prior to 6 September 2005, the Company had a
     menyelenggarakan program pensiun imbalan pasti                            defined benefit pension plan covering all permanent
     untuk seluruh karyawan tetapnya yang dikelola oleh                        employees which has managed by “Dana Pensiun
     ”Dana Pensiun Astra”. Sejak tanggal 6 September                           Astra”. From 6 September 2005, the Company’s
     2005, Perseroan memiliki dua jenis program pensiun,                       pension arrangements were reorganised to include
     yaitu program pensiun imbalan pasti dan program                           both a defined benefit pension plan and defined
     pensiun iuran pasti.                                                      contribution pension plan.

     Sejak tanggal 6 September 2005, Dana Pensiun                              Effective from 6 September 2005, Dana Pensiun
     Astra dilanjutkan menjadi Dana Pensiun Astra Satu                         Astra was continued under a new scheme called
     (”DPA 1”), yang khusus menangani program pensiun                          Dana Pensiun Astra Satu (“DPA 1”), specifically
     imbalan pasti, yang ditujukan untuk semua karyawan                        designed for the defined benefit pension plan, which
     yang telah menjadi peserta Dana Pensiun Astra                             is designated for all employees who became member
     sebelum atau pada tanggal 20 April 1992.                                  of Dana Pensiun Astra on or before 20 April 1992.
     Sedangkan program pensiun iuran pasti dikelola oleh                       The defined contribution pension plan is managed by
     Dana Pensiun Astra Dua (“DPA 2”) ditujukan untuk                          “Dana Pensiun Astra Dua (“DPA 2”) and is
     karyawan yang menjadi peserta Dana Pensiun Astra                          designated for employees who became members of
     sesudah tanggal 20 April 1992.                                            Dana Pensiun Astra after 20 April 1992.

     Pada tanggal 31 Desember 2025, jumlah peserta                             As at 31 December 2025, DPA 1 and DPA 2 have 2
     DPA 1 dan DPA 2 masing-masing adalah 2 peserta                            participants and 13,208 participants, respectively
     dan 13.208 peserta (2024: 3 peserta dan 12.176                            (2024: 3 participants and 12,176 participants)
     peserta) (tidak diaudit).                                                 (unaudited).

     Liabilitas imbalan pascakerja yang diakui di laporan                      The post-employment benefit obligations recognised
     posisi keuangan adalah sebagai berikut:                                   in the statements of financial position are as follows:

                                                             2025               2024

     Nilai kini kewajiban                                       115,278            107,835                        Present value of obligations
     Nilai wajar aset program                                    (1,358)            (1,742)                          Fair value of plan assets
     Liabilitas imbalan pascakerja neto                         113,920            106,093              Net post-employment benefit liabilities




                                                           Halaman - 5/98 - Page
Page 582
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                                NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                             31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                               (Expressed in millions of Rupiah, unless otherwise stated)


25. LIABILITAS IMBALAN KERJA (lanjutan)                                     25. EMPLOYEE BENEFIT OBLIGATIONS (continued)

     Imbalan pensiun dan pascakerja lainnya (lanjutan)                             Pension and other post-employment benefits
                                                                                   (continued)

     Mutasi liabilitas imbalan pascakerja neto adalah                              The movements of net post-employment benefit
     sebagai berikut:                                                              liabilities are as follows:
                                                          31 Desember/December 2025
                                          Nilai kini          Nilai wajar aset         Liabilitas imbalan
                                         kewajiban/               program/                pascakerja/
                                       Present value of      Fair value of plan        Post-employment
                                         obligations               assets              benefit obligations

     Pada awal tahun                            107,835                    (1,742)                  106,093                    At beginning of year
     Biaya jasa kini                             19,388                         -                    19,388                    Current service cost
     Beban/(penghasilan) bunga                    6,761                       (95)                    6,666              Interest expense/(income)
     Pengukuran kembali:                                                                                                         Remeasurements:
        - Imbal hasil atas aset                                                                                      Return on plan assets, -
            program, tidak termasuk                                                                                    excluding amounts
            jumlah dalam beban                                                                                         included in interest
            bunga                                      -                          44                     44                        expense
        - Perubahan dalam asumsi                                                                                        Change in financial -
            keuangan                             (12,360)                          -                (12,360)                  assumptions
        - Penyesuaian pengalaman                                                                                     Experience adjustment -
            kewajiban                                321                        -                       321                   on obligation
     Iuran pekerja                                    10                      (10)                        -               Employee’s contributions
     Imbalan yang dibayar                         (6,677)                     445                    (6,232)                          Benefits paid

     Pada akhir tahun                           115,278                    (1,358)                  113,920                          At end of year


                                                          31 Desember/December 2024
                                          Nilai kini          Nilai wajar aset         Liabilitas imbalan
                                         kewajiban/               program/                pascakerja/
                                       Present value of      Fair value of plan        Post-employment
                                         obligations               assets              benefit obligations

     Pada awal tahun                             95,602                    (2,213)                   93,389                    At beginning of year
     Biaya jasa kini                             15,803                         -                    15,803                    Current service cost
     Beban/(penghasilan) bunga                    6,301                      (131)                    6,170              Interest expense/(income)
     Pengukuran kembali:                                                                                                         Remeasurements:
        - Imbal hasil atas aset                                                                                      Return on plan assets, -
            program, tidak termasuk                                                                                    excluding amounts
            jumlah dalam beban                                                                                         included in interest
            bunga                                      -                          49                     49                        expense
        - Perubahan dalam asumsi                                                                                        Change in financial -
            keuangan                              9,854                            -                  9,854                   assumptions
        - Penyesuaian pengalaman                                                                                     Experience adjustment -
            kewajiban                             (9,457)                       -                    (9,457)                  on obligation
     Iuran pemberi pekerja                             -                      (68)                      (68)               Employer’s contributions
     Iuran pekerja                                    13                      (13)                        -               Employee’s contributions
     Imbalan yang dibayar                        (10,281)                     634                    (9,647)                           Benefits paid

     Pada akhir tahun                           107,835                    (1,742)                  106,093                          At end of year




                                                            Halaman - 5/99 - Page
Page 583
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                          31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                           (Expressed in millions of Rupiah, unless otherwise stated)


25. LIABILITAS IMBALAN KERJA (lanjutan)                                   25. EMPLOYEE BENEFIT OBLIGATIONS (continued)

     Imbalan pensiun dan pascakerja lainnya (lanjutan)                        Pension and other post-employment benefits
                                                                              (continued)

     Durasi rata-rata tertimbang dari liabilitas program                      The weighted average duration of the defined benefit
     pensiun imbalan pasti pada tanggal 31 Desember                           pension obligation at 31 December 2025 and 2024
     2025 dan 2024 adalah 16 tahun.                                           are 16 years.

     Analisis jatuh tempo yang diharapkan dari manfaat                        Expected maturity analysis of undiscounted pension
     pensiun tidak didiskontokan adalah sebagai berikut:                      benefits are as follows:

                                                              2025                2024

     Kurang dari satu tahun                                      12,424               6,826                                Less than a year
     Antara satu dan dua tahun                                    7,735               8,056                      Between one and two years
     Antara dua dan lima tahun                                   37,411              36,374                      Between two and five years
     Lebih dari lima tahun                                    2,029,020           1,967,242                              Beyond five years

     Sensitivitas liabilitas pensiun imbalan pasti untuk                      The sensitivity of the defined benefit pension
     perubahan asumsi aktuarial pokok adalah sebagai                          obligation to changes in the principal actuarial
     berikut:                                                                 assumptions are as follows:
                                                                     31 Desember/December 2025
                                                             Dampak pada (penurunan)/kenaikan kewajiban
                                                                            imbalan pasti/
                                                               Impact on (decrease)/increase in defined
                                                                          benefit obligation
                                           Perubahan
                                             asumsi/           Kenaikan asumsi/          Penurunan asumsi/
                                            Change in             Increase in               Decrease in
                                           assumption            assumption                 assumption

     Tingkat diskonto                           1%                         (18,227)                   25,092                     Discount rate
     Kenaikan gaji di masa datang               1%                         28,102                    (20,422)           Future salary increase

                                                                     31 Desember/December 2024
                                                             Dampak pada (penurunan)/kenaikan kewajiban
                                                                            imbalan pasti/
                                                               Impact on (decrease)/increase in defined
                                                                          benefit obligation
                                           Perubahan
                                             asumsi/           Kenaikan asumsi/          Penurunan asumsi/
                                            Change in             Increase in               Decrease in
                                           assumption            assumption                 assumption

     Tingkat diskonto                           1%                         (18,156)                   25,199                     Discount rate
     Kenaikan gaji di masa datang               1%                         27,196                    (20,151)           Future salary increase

     Analisis sensitivitas di atas didasarkan pada                            The above sensitivity analysis is based on a change
     perubahan atas satu asumsi aktuarial dimana semua                        in an assumption while holding all other assumptions
     asumsi     lainnya    dianggap        konstan.   Dalam                   constant. In practice, this is unlikely to occur and
     prakteknya, hal ini jarang terjadi dan perubahan                         changes in some of the assumptions may be
     beberapa asumsi mungkin saling berkorelasi. Dalam                        correlated. When calculating the sensitivity of the
     perhitungan sensitivitas liabilitas pensiun imbalan                      defined benefit pension obligation to significant
     pasti atas asumsi aktuarial utama, metode yang                           actuarial assumptions, the same method (present
     sama (perhitungan nilai kini liabilitas pensiun imbalan                  value of the defined benefit pension obligation
     pasti dengan menggunakan metode projected unit                           calculated with the projected unit credit method at the
     credit pada akhir periode pelaporan) telah diterapkan                    end of the reporting period) has been applied when
     seperti dalam perhitungan liabilitas pensiun yang                        calculating the pension liability recognised within the
     diakui dalam laporan posisi keuangan.                                    statements of financial position.




                                                           Halaman - 5/100 - Page
Page 584
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                         (Expressed in millions of Rupiah, unless otherwise stated)


25. LIABILITAS IMBALAN KERJA (lanjutan)                                     25. EMPLOYEE BENEFIT OBLIGATIONS (continued)

     Imbalan pensiun dan pascakerja lainnya (lanjutan)                         Pension and other post-employment benefits
                                                                               (continued)

     Aset program terdiri dari:                                                Plan assets comprise the following:

                                                              2025              2024
     Obligasi (termasuk Obligasi Pemerintah)                         89%               82%           Bonds (including Government Bonds)
     Instrumen ekuitas                                                0%               10%                             Equity instruments
     Lain-lain                                                       11%                9%                                         Others

                                                                     100%              100%

     Melalui program pensiun imbalan pasti, Perseroan                          Through its defined benefits pension plans, the
     terekspos beberapa risiko seperti volatilitas aset dan                    Company is exposed to a number of risk such as
     perubahan imbal hasil obligasi, sebagai berikut:                          assets volatility and changes in bonds yields, as
                                                                               follows:

     Volatilitas aset                                                          Asset volatility

     Liabilitas program dihitung menggunakan tingkat                           The plan liabilities are calculated using a discount
     diskonto yang merujuk kepada tingkat imbal hasil                          rate set with reference to government bond yields, if
     obligasi pemerintah, jika imbal hasil aset program                        plan assets underperform this yield, this will create a
     lebih rendah, maka akan menghasilkan defisit                              deficit. The Company’s defined benefit pension plans
     program. Program pensiun imbalan pasti Perseroan                          hold a significant proportion of equities, which are
     memiliki porsi ekuitas yang signifikan, yang                              expected to outperform Government Bonds and
     diharapkan untuk menghasilkan imbal hasil yang                            corporate bonds in the long-term while providing
     lebih tinggi dibandingkan Obligasi Pemerintah dan                         volatility and risk in the short-term.
     perusahaan jangka panjang sementara memberikan
     volatilitas dan risiko dalam jangka pendek.

     Perubahan imbal hasil obligasi                                            Changes in bond yields

     Penurunan imbal hasil Obligasi Pemerintah akan                            A decrease in Government Bonds yields will increase
     meningkatkan liabilitas program, walaupun hal ini                         plan liabilities, although this will be partially offset by
     akan saling hapus secara sebagian dengan kenaikan                         an increase in the value of the plan’s bond holdings.
     dari nilai obligasi program yang dimiliki.

     PT Astra International Tbk (Grup) memastikan                              PT Astra International Tbk (Group)’s ensures
     bahwa posisi investasi telah diatur dalam kerangka                        that the investment positions are managed
     asset-liability matching (“ALM”) yang telah dibentuk                      within    an    asset-liability    matching      (“ALM”)
     untuk mencapai hasil jangka panjang yang sejalan                          framework that is developed to achieve
     dengan liabilitas pada program pensiun imbalan                            long-term returns that are in line with the obligation in
     pasti. Dalam kerangka ALM, tujuan Perseroan                               defined benefit pension plans. Within this ALM
     adalah untuk menyesuaikan aset-aset dan liabilitas                        framework, the Company’s objective is to match
     pensiun dengan berinvestasi pada portofolio yang                          assets and the pension obligations by investing
     terdiversifikasi dengan baik dalam menghasilkan                           in a well-diversified portfolio the generates
     tingkat pengembalian yang cukup, disesuaikan                              sufficient risk-adjusted returns the match the
     dengan risiko yang ada, untuk disesuaikan dengan                          benefit payments. The Company also actively
     pembayaran imbalan. Perseroan juga secara aktif                           monitors the duration and the expected yield
     memantau durasi dan imbal hasil investasi yang                            of the investments to ensure it matches the
     diharapkan untuk memastikan bahwa telah sesuai                            expected cash outflows arising from the pension
     dengan arus kas keluar yang diharapkan timbul dari                        obligations.
     kewajiban pensiun.

     Investasi pada program telah terdiversifikasi dengan                      Investment across the plans are well diversified, such
     baik, sehingga kinerja buruk satu investasi tidak akan                    that the failure of any single investment would not
     memberikan dampak material bagi seluruh kelompok                          have a material impact on the overall level of assets.
     aset.

     Jumlah kontribusi yang diharapkan untuk program                           Expected contributions to defined benefit pension
     pensiun imbalan pasti dalam satu tahun ke depan                           plan for the next year are Rp 55,073 (2024:
     adalah sebesar Rp 55.073 (2024: Rp 47.765).                               Rp 47,765).




                                                           Halaman - 5/101 - Page
Page 585
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                       31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                         (Expressed in millions of Rupiah, unless otherwise stated)


25. LIABILITAS IMBALAN KERJA (lanjutan)                                     25. EMPLOYEE BENEFIT OBLIGATIONS (continued)

     Imbalan kerja jangka panjang lainnya                                      Other long-term employee benefits

     Mutasi liabilitas imbalan kerja jangka panjang lainnya                    The movements of other long-term employee benefit
     yang diakui pada laporan posisi keuangan adalah                           liabilities recognised in the statements of financial
     sebagai berikut:                                                          position are as follows:

                                                              2025              2024

     Awal tahun                                                 206,007           173,802                              Beginning of the year
     Jumlah yang dibebankan pada                                                                               Total expense charged in the
       laporan laba rugi                                         52,658             45,728                                  profit or loss
     Kerugian bersih                                                                                                      Net actuarial loss
       aktuarial yang diakui                                      31,273           11,161                                    recognised
     Imbalan yang dibayarkan                                     (40,063)         (24,684)                                     Benefits paid
     Saldo akhir                                                249,875           206,007                                  Ending balance

     Jumlah yang diakui pada laba rugi adalah sebagai                          The amounts recognised in profit or loss are as
     berikut:                                                                  follows:

                                                              2025              2024
     Biaya jasa kini                                             40,770             34,620                              Current service cost
     Biaya bunga                                                 11,888             11,108                                      Interest cost
     Keuntungan bersih aktuarial                                                                                               Net actuarial
        yang diakui                                              31,273             11,161                               gain recognised

                                                                 83,931             56,889

     Manajemen berkeyakinan bahwa estimasi liabilitas                          Management believes that the estimated post-
     atas imbalan pascakerja per 31 Desember 2025 dan                          employment     benefit      obligations  as     at
     2024 telah memenuhi persyaratan minimum UU                                31 December 2025 and 2024 have fulfilled the
     Cipta Kerja No. 6/2023, PP 35/2021 dan Peraturan                          minimum requirement of Job Creation Act No.6/2023,
     Perseroan tentang Imbalan PascaKerja (“IPK“).                             PP 35/2021 and Company Regulations regarding
                                                                               post-employment benefits (“IPK”).


26. TRANSAKSI PIHAK BERELASI                                                26. RELATED PARTY TRANSACTIONS

     Saldo dan transaksi dengan pihak berelasi adalah                          Balances and transactions with related parties are as
     sebagai berikut:                                                          follows:

     PT Astra International Tbk (AI)                                           PT Astra International Tbk (AI)

     Perseroan dikendalikan oleh induk perusahaan                              The Company is controlled by its immediate Parent
     terdekatnya PT Astra International Tbk, sebuah                            Company PT Astra International Tbk, a Company
     perusahaan yang berkedudukan di Indonesia.                                incorporated in Indonesia. PT Astra International
     Pemegang saham terbesar PT Astra International                            Tbk's largest shareholder is Jardine Cycle & Carriage,
     Tbk adalah Jardine Cycle & Carriage, sebuah                               a Company incorporated in Singapore. Jardine Cycle
     perusahaan berkedudukan di Singapura. Jardine                             and Carriage is a Subsidiary of Jardine Matheson
     Cycle & Carriage merupakan anak perusahaan dari                           Holdings Limited, a Company incorporated in
     Jardine Matheson Holdings Limited, sebuah                                 Bermuda.
     perusahaan yang berkedudukan di Bermuda.

     Perseroan membayarkan insentif pada Honda Sales                           The Company pays incentives to Honda Sales
     Operation yang merupakan salah satu Divisi yang                           Operation which is one of AI Divisions and has
     dimiliki AI dan mengadakan perjanjian kerjasama                           entered into agreement for professional fee services
     dalam bidang jasa tenaga ahli dengan Astraworld                           with Astraworld which is one of AI’s business unit.
     yang merupakan salah satu unit bisnis yang dimiliki
     AI.




                                                           Halaman - 5/102 - Page
Page 586
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                     31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                       (Expressed in millions of Rupiah, unless otherwise stated)


26. TRANSAKSI PIHAK BERELASI (lanjutan)                                  26. RELATED PARTY TRANSACTIONS (continued)

     PT Asuransi Astra Buana (AAB)                                           PT Asuransi Astra Buana (AAB)

     AI merupakan pihak pengendali tidak langsung dari                       AI is the indirect controlling shareholder of AAB.
     AAB.

     Perseroan mengadakan perjanjian kerjasama                               The Company has entered into cooperation
     dengan AAB dalam rangka penyediaan asuransi                             agreements with AAB to provide credit shield and
     perlindungan kredit dan pertanggungan asuransi                          insurance coverage of financed vehicles. The
     kendaraan bermotor yang dibiayai. Perseroan                             Company insures vehicles for the interest of the
     mengasuransikan kendaraan bermotor demi                                 Company in its capacity as financing provider.
     kepentingan Perseroan dalam kapasitasnya sebagai                        Insurance premium payments received from
     penyedia pembiayaan. Pembayaran premi asuransi                          customers that have not yet been paid to insurance
     yang telah diterima dari konsumen namun belum                           companies are recorded as insurance premium
     dibayarkan kepada perusahaan asuransi dicatat                           payable. The Company also insures its fixed assets
     sebagai utang premi asuransi. Perseroan juga                            with AAB.
     mengasuransikan aset tetap pada AAB.

     PT Astra Multi Finance (AMF)                                            PT Astra Multi Finance (AMF)

     AI merupakan pemegang saham utama dari AMF.                             AI is the ultimate controlling shareholder of AMF.
     Sejak pertengahan tahun 2008, Perseroan bekerja                         Since mid of 2008, the Company cooperated with
     sama dengan AMF dalam pembiayaan berbasis                               AMF on sharia and electronic financing activities.
     syariah dan pembiayaan elektronik.

     Perseroan melakukan kerja sama sinergis dengan                          The Company entered into synergic cooperation
     AMF di lingkup operasional dalam pembiayaan                             agreement with AMF on the scope of operations in
     konsumen elektronik.                                                    electronics consumer financing.

     Perseroan mengadakan perjanjian kerjasama                               The Company has entered into cooperation with
     dengan AMF dalam rangka pembiayaan bersama                              AMF to provide joint financing for motorcycles.
     kendaraan bermotor roda dua.

     PT Matra Graha Sarana (MGS)                                             PT Matra Graha Sarana (MGS)

     AI merupakan pemegang saham utama dari MGS.                             AI is the ultimate controlling shareholder of MGS.
     Perseroan mengadakan perjanjian penyewaan untuk                         The Company has entered into renting agreement for
     gedung kantor cabang dengan MGS.                                        its branch office building with MGS.

     PT Sharia Multifinance Astra (SMA)                                      PT Sharia Multifinance Astra (SMA)

     AI merupakan pemegang saham utama dari SMA.                             AI is the ultimate controlling shareholder of SMA. The
     Perseroan bekerja sama dengan SMA dalam                                 Company cooperated with SMA on sharia financing
     pembiayaan berbasis syariah.                                            activities.

     PT Serasi Autoraya (SERA)                                               PT Serasi Autoraya (SERA)

     AI merupakan pemegang saham utama dari SERA.                            AI is the ultimate controlling shareholder of SERA.
     Perseroan mengadakan perjanjian penyewaan untuk                         The Company has entered into renting agreement for
     mobil operasional dengan SERA.                                          its operational car with SERA.




                                                           Halaman - 5/103 - Page
Page 587
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                     31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                       (Expressed in millions of Rupiah, unless otherwise stated)


26. TRANSAKSI PIHAK BERELASI (lanjutan)                                  26. RELATED PARTY TRANSACTIONS (continued)

     Dana Pensiun Astra (DPA)                                                Dana Pensiun Astra (DPA)

     Dana Pensiun Astra didirikan oleh PT Astra                              Dana Pensiun Astra is established by PT Astra
     International Tbk untuk menyelenggarakan program                        International Tbk to facilitate defined benefit pension
     pensiun manfaat pasti (DPA 1) dan iuran pasti                           plan (DPA 1) and defined contribution pension plan
     (DPA 2).                                                                (DPA 2).

     PT Samadista Karya (SK)                                                 PT Samadista Karya (SK)

     AI merupakan pihak pengendali tidak langsung dari                       AI is the indirect controlling shareholder of AAB. AAB
     AAB. AAB merupakan pemegang saham utama dari                            is the ultimate controlling shareholder of SK. The
     SK. Perseroan mengadakan perjanjian penyewaan                           Company has in turn entered into renting agreement
     untuk gedung kantor dengan SK.                                          for its office building with SK.

     PT Sedaya Multi Investama (SMI)                                         PT Sedaya Multi Investama (SMI)

     AI merupakan pihak pengendali tidak langsung dari                       AI is the indirect controlling shareholder of SMI.
     SMI. Perseroan mengadakan perjanjian kerjasama                          The Company has in turn entered into agreement for
     dalam bidang jasa tenaga ahli.                                          professional fee services.

     PT Astra Digital Arta (ADA)                                             PT Astra Digital Arta (ADA)

     Sejak tanggal 1 Juli 2021, ADA merupakan entitas                        Since 1 July 2021, ADA is an associate entity of the
     asosiasi Perseroan. Perseroan memiliki 25% saham                        Company. The Company owns a 25% share in ADA.
     di ADA.

     PT Arya Kharisma (AK)                                                   PT Arya Kharisma (AK)

     PT Astra International Tbk merupakan pemegang                           PT Astra International Tbk is the ultimate controlling
     saham utama dari AK. AK merupakan pemegang                              shareholder of AK. AK is the shareholder of the
     saham dari Perseroan.                                                   Company.

     PT Bank Saqu Indonesia (dahulu PT Bank Jasa                             PT Bank Saqu Indonesia (formerly PT Bank Jasa
     Jakarta) (Saqu)                                                         Jakarta) (Saqu)

     AI merupakan pengendali tidak langsung dari Saqu.                       AI is the indirect controlling shareholder of Saqu. The
     Perseroan memiliki rekening bank dan perjanjian                         Company has bank account in Saqu Indonesia and
     pembiayaan bersama roda dua.                                            cooperated on two wheel motorcycle financing.

     PT Astra Welab Digital Arta (AWDA)                                      PT Astra Welab Digital Arta (AWDA)

     PT Sedaya Multi Investama merupakan pihak                               PT Sedaya Multi Investama is the indirect controlling
     pengendali tidak langsung dari AWDA. Perseroan                          shareholder of AWDA. The Company has in turn
     mengadakan perjanjian kerjasama dalam bidang                            entered into agreement for two wheel motorcycle
     pembiayaan bersama roda dua.                                            financing.

     Personel manajemen kunci                                                Key management personnel

     Personel manajemen kunci adalah orang-orang yang                        Key management personnel are those people whom
     mempunyai wewenang dan tanggung jawab untuk                             have the authority and responsibility to plan, lead,
     merencanakan, memimpin dan mengendalikan                                and control activities of the Company, directly or
     aktivitas Perseroan, secara langsung atau tidak                         indirectly. Key management personnel are the Board
     langsung. Personel manajemen kunci adalah Dewan                         of Commissioners, Board of Directors and Division
     Komisaris, Direksi dan Kepala Divisi dari Perseroan.                    Heads of the Company.




                                                           Halaman - 5/104 - Page
Page 588
                                             PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                       31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                        (Expressed in millions of Rupiah, unless otherwise stated)


26. TRANSAKSI PIHAK BERELASI (lanjutan)                                    26. RELATED PARTY TRANSACTIONS (continued)
     Saldo dan transaksi dengan pihak berelasi adalah                         Balances and transactions with related parties are as
     sebagai berikut:                                                         follows:

                                                              2025            2024

     Aset                                                                                                                           Assets
     Kas dan setara kas                                                                                    Cash and cash equivalents
     - PT Bank Saqu Indonesia (dahulu                                                                PT Bank Saqu Indonesia (formerly -
        PT Bank Jasa Jakarta)                                    53,274               212                    PT Bank Jasa Jakarta)
     Persentase terhadap jumlah aset                             0.10%              0.00%                       Percentage of total assets
     Piutang lain-lain                                                                                                Other receivables
     - Piutang asuransi kredit                                                                             Credit insurance receivable -
        PT Asuransi Astra Buana                                 161,513             81,832                 PT Asuransi Astra Buana
     - Pembayaran konsumen                                                                               Settlement of debtor’s payment -
        melalui payment channel                                                                           through payment channel
        PT Astra Digital Arta                                    52,673             78,939                      PT Astra Digital Arta
     - Pinjaman manajemen kunci                                   4,885              6,948                     Key management loans -
                                                                219,071         167,719
     Persentase terhadap jumlah aset                             0.42%              0.36%                       Percentage of total assets
     Beban dibayar dimuka                                                                                                 Prepayments
     - Asuransi                                                                                                             Insurance -
        PT Asuransi Astra Buana                                      345              666                   PT Asuransi Astra Buana
     - Sewa                                                                                                                     Rent -
        PT Matra Graha Sarana                                        20                  -                   PT Matra Graha Sarana
                                                                     365              666
     Persentase terhadap jumlah aset                             0.00%              0.00%                       Percentage of total assets
     Investasi pada entitas asosiasi                                                                            Investment in associate
       PT Astra Digital Arta                                     63,312             37,257                         PT Astra Digital Arta
     Persentase terhadap jumlah aset                             0.12%              0.08%                      Percentage of total assets
     Aset hak-guna - net                                                                                        Right-of-use asset - net
       PT Serasi Autoraya                                        51,414             37,540                        PT Serasi Autoraya -
       PT Matra Graha Sarana                                     17,085                  -                    PT Matra Graha Sarana -
                                                                 68,499             37,540
     Persentase terhadap jumlah aset                             0.13%              0.08%                       Percentage of total assets
     Liabilitas                                                                                                                  Liabilities
     Utang penyalur kendaraan                                                                                            Dealer payables
       PT Astra International Tbk                                12,840              5,952                   PT Astra International Tbk
     Persentase terhadap jumlah liabilitas                       0.03%              0.02%                     Percentage of total liabilities
     Utang lain-lain                                                                                                    Other payables
     - Liabilitas sewa                                                                                                 Lease liabilities -
        PT Serasi Autoraya                                       54,333             39,811                         PT Serasi Autoraya
     - Kliring konsumen                                                                                    Customer clearing accounts -
        PT Astra Multi Finance                                   26,887             53,389                      PT Astra Multi Finance
        PT Sharia Multifinance Astra                                889              2,066                 PT Sharia Multifinance Astra
                                                                 82,109             95,266
     Persentase terhadap jumlah liabilitas                       0.22%              0.28%                     Percentage of total liabilities
     Utang premi asuransi                                                                                 Insurance premium payables
       PT Asuransi Astra Buana                                  585,445         505,821                      PT Asuransi Astra Buana
     Persentase terhadap jumlah liabilitas                       1.56%              1.51%                     Percentage of total liabilities

     Penghasilan bunga dan denda                                                                           Interest and penalty income
     Bunga bank                                                                                                       Interest from bank
       PT Bank Saqu Indonesia (dahulu                                                                PT Bank Saqu Indonesia (formerly
         PT Bank Jasa Jakarta)                                       414              187                    PT Bank Jasa Jakarta)

     Persentase terhadap jumlah penghasilan                                                               Percentage of total interest and
       bunga dan denda                                           0.20%              0.10%                             penalty income




                                                           Halaman - 5/105 - Page
Page 589
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                              NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                           31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


26. TRANSAKSI PIHAK BERELASI (lanjutan)                                      26. RELATED PARTY TRANSACTIONS (continued)

     Saldo dan transaksi dengan pihak berelasi adalah                           Balances and transactions with related parties are as
     sebagai berikut: (lanjutan)                                                follows: (continued)

                                                              2025               2024

     Beban usaha                                                                                                      Operating expenses
     - Gaji, upah dan kesejahteraan                                                                         Salary, wages and allowances -
         Direksi dan manajemen kunci                            103,784             94,513       Board of Directors and key management
         Dana Pensiun Astra                                      48,075             43,386                           Dana Pensiun Astra
     - Sewa                                                                                                                           Rent -
         PT Samadista Karya                                      28,841                   255                        PT Samadista Karya
         PT Matra Graha Sarana                                   11,589                    29                    PT Matra Graha Sarana
         PT Serasi Autoraya                                       9,794                 6,845                         PT Serasi Autoraya
     - Penyusutan atas aset hak-guna                                                                   Depreciation of right-of-use assets -
         PT Serasi Autoraya                                      18,627             15,647                            PT Serasi Autoraya
         PT Matra Graha Sarana                                   18,584             24,683                       PT Matra Graha Sarana
         PT Samadista Karya                                           -             25,654                           PT Samadista Karya
     - Jasa tenaga ahli                                                                                                   Professional fee -
         PT Sedaya Multi Investama                               14,140             12,304                    PT Sedaya Multi Investama
         PT Serasi Autoraya                                         374                528                            PT Serasi Autoraya
     - Asuransi                                                                                                                  Insurance -
         PT Asuransi Astra Buana                                     8,619              7,077                   PT Asuransi Astra Buana
                                                                262,427            230,921
     Persentase terhadap jumlah                                                                                          Percentage of total
       beban usaha                                                8.06%             7.84%                             operating expenses

     Beban bunga dan keuangan                                                                              Interest and financing charges
     Beban bunga liabilitas sewa                                                                         Interest expense on lease liabilities
       PT Serasi Autoraya                                            4,467              3,710                         PT Serasi Autoraya

     Persentase terhadap jumlah beban                                                                       Percentage of total interest and
       bunga dan keuangan                                         0.18%             0.18%                             financing charges

     Rugi entitas asosiasi                                                                            Loss from investment in associate
       PT Astra Digital Arta                                     24,007             20,282                         PT Astra Digital Arta

     Persentase terhadap                                                                                                      Percentage of
       jumlah beban                                               0.32%             0.31%                                  total expenses

     Kompensasi manajemen kunci                                                 Key management compensation

     Kompensasi yang dibayar atau terutang pada                                 The compensation paid or payable to key
     manajemen kunci atas jasa kepegawaian adalah                               management for employee services is shown below:
     sebagai berikut:
                                                            Dewan Komisaris, Direksi dan
                                                             Personil Manajemen Kunci/
                                                              Board of Commissioners,
                                                               Board of Directors and
                                                             Key Management Personnel
                                                              2025              2024
     Gaji dan imbalan kerja                                                                                     Salaries and other short-term
       jangka pendek lainnya                                     103,784            94,513                          employment benefits
     Imbalan pascakerja dan
       imbalan jangka panjang                                                                                  Post-employment benefits and
       lainnya                                                       3,808              2,049                    other long-term benefits

     Jumlah                                                      107,592            96,562                                              Total




                                                           Halaman - 5/106 - Page
Page 590
                                                           PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                                               NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                                            31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                             (Expressed in millions of Rupiah, unless otherwise stated)


27. PERJANJIAN KERJASAMA YANG SIGNIFIKAN                                                    27. SIGNIFICANT COOPERATION AGREEMENTS

     a. Pembiayaan bersama                                                                        a. Joint financing

          Pembiayaan bersama without recourse                                                          Joint financing without recourse

          Perseroan mempunyai perjanjian kerjasama                                                     The Company enters into joint financing
          dengan beberapa bank dalam pemberian                                                         agreements with several banks where the
          pembiayaan bersama dimana Perseroan                                                          Company bears credit risk in accordance with its
          menanggung risiko kredit sesuai dengan                                                       portion (without recourse). The maximum joint
          porsinya (without recourse). Fasilitas maksimum                                              financing facility for each joint financing providers
          pembiayaan bersama untuk setiap pemberi                                                      as at 31 December 2025 and 2024 as follows:
          pembiayaan bersama pada 31 Desember 2025
          dan 2024 sebagai berikut:
                                                                          31 Desember/December 2025                            31 Desember/December 2024
                                                                    Fasilitas                                             Fasilitas
                                                                   maksimum                                             maksimum
                                                                  pembiayaan/                                          pembiayaan/
             Pemberi pembiayaan bersama/                            Maximum                 Periode/                     Maximum                     Periode/
                Joint financing provider                        financing facility           Period                  financing facility               Period
          PT Toyota Astra Financial Services*)                          -                       -                      Tidak terbatas/      2 Januari/January 2014 –
                                                                                                                          Unlimited            Automatic renewal
          PT Bank Permata Tbk                                     Rp 6,100,000               19 Desember/               Rp 6,100,000              19 Desember/
                                                                                           December 2014 –                                      December 2014 –
                                                                                        Tidak terbatas/Unlimited                            Tidak terbatas/Unlimited
          PT Bank CIMB Niaga Tbk (dapat                           Rp 2,000,000           26 September 2014 –            Rp 2,000,000         26 September 2014 –
            ditukar dengan Syariah/                                                        30 Juni/June 2026                                   30 Juni/June 2025
            interchangeable with Sharia)

          PT Bank OCBC NISP Tbk                                   Rp 1,000,000            31 Juli/July 2023 –           Rp 1,000,000                    31 Juli/July 2023 –
                                                                                       30 Oktober/October 2026                                     30 Oktober/October 2026
                                           *)
          PT Astra Welab Digital Arta                                    -                          -                   Rp 1,000,000                    7 Juli/July 2020 –
                                                                                                                                                       Automatic renewal
          PT Bank Saqu Indonesia (dahulu PT                        Rp 500,000                13 Desember/                Rp 500,000                       13 Desember/
            Bank Jasa Jakarta)                                                             December 2023 –                                              December 2023 –
                                                                                             13 Desember/                                                 13 Desember/
                                                                                            December 2026                                               December 2026
          PT Astra Sedaya Finance*)                                      -                         -                     Rp 300,000                 2 Januari/January 2013 –
                                                                                                                                                       Automatic renewal
          PT Astra Multi Finance                                   Rp 300,000            29 September 2020 –             Rp 300,000                   29 September 2020 –
                                                                                          Automatic renewal                                            Automatic renewal
          *)
               Kerjasama pembiayaan bersama without recourse telah berakhir.                                       The joint financing cooperation without recourse has terminated*)


          Dalam perjanjian kerjasama pembiayaan                                                        In these joint financing without recourse
          bersama without recourse tersebut, porsi fasilitas                                           arrangements, the portion of each parties in 2025
          pembiayaan yang akan diberikan untuk                                                         and 2024 range from 1% - 10% from the
          konsumen pada tahun 2025 dan 2024 adalah                                                     Company and 90% - 99% from the co-financing
          berkisar 1% - 10% dari Perseroan dan 90% -                                                   parties.
          99% dari pemberi pembiayaan bersama.

          Dalam hal pembiayaan bersama without                                                         In these joint financing arrangements without
          recourse, Perseroan akan bertindak sebagai                                                   recourse, the Company will act as credit provider
          pemberi kredit kepada konsumen yang                                                          extend credit to customers who meet certain
          memenuhi kriteria tertentu yang tertera dalam                                                criteria as set out in the agreements. The
          perjanjian. Perseroan bertanggung jawab untuk                                                Company is responsible for maintaining the
          mengelola dokumentasi dan administrasi setiap                                                customers’      documentation      and       loan
          konsumen.                                                                                    administration.

          Dalam pembiayaan bersama without recourse,                                                   In joint financing arrangements without recourse,
          Perseroan tidak memiliki kewajiban untuk                                                     the Company is not obliged to pay installments
          membayar atau menyetor angsuran pokok                                                        including interest to joint financing providers in the
          termasuk bunga kepada pemberi pembiayaan                                                     event customers fail to meet their installment
          bersama jika konsumen gagal melakukan                                                        obligation to the Company.
          pembayaran angsurannya kepada Perseroan.

          Pembiayaan syariah                                                                           Sharia financing

          Perseroan mengadakan perjanjian pembiayaan                                                   The Company has entered into sharia joint
          bersama secara syariah dengan PT Bank                                                        financing agreements with PT Bank Permata Tbk
          Permata Tbk (unit usaha syariah) dan PT Bank                                                 (sharia business unit) and PT Bank CIMB Niaga
          CIMB Niaga Tbk (unit usaha syariah).                                                         Tbk (sharia business unit).


                                                                             Halaman - 5/107 - Page
Page 591
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                          31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                            (Expressed in millions of Rupiah, unless otherwise stated)


27. PERJANJIAN KERJASAMA YANG SIGNIFIKAN                                  27. SIGNIFICANT            COOPERATION           AGREEMENTS
    (lanjutan)                                                                (continued)

     a. Pembiayaan bersama (lanjutan)                                          a. Joint financing (continued)

          Pembiayaan syariah (lanjutan)                                               Sharia financing (continued)

          Dalam hal secara syariah di mana Perseroan                                  In sharia where the Company acts as the
          bertindak sebagai manajer PT Bank Permata                                   manager of PT Bank Permata Tbk (sharia
          Tbk (unit usaha syariah) dan PT Bank CIMB                                   business unit) and PT Bank CIMB Niaga Tbk
          Niaga Tbk (unit usaha syariah) untuk proses                                 (sharia business unit) to underwrite, approve,
          aplikasi,     persetujuan,   penagihan      dan                             collect and maintain administration matters on
          pengurusan dokumen administrasi pembiayaan                                  sharia consumer financing. The Company bears
          syariah dengan konsumen. Perseroan tidak                                    no credit risks if customers fail to meet their
          menanggung risiko kredit jika konsumen gagal                                installment obligation to the Company. From this
          melakukan pembayaran angsuran utangnya.                                     service, the Company earns the excess of margin
          Atas jasa ini, Perseroan menerima selisih margin                            between the margin received from customers and
          antara margin yang dibebankan kepada                                        paid to PT Bank Permata Tbk (sharia business
          konsumen dengan margin yang dibayarkan                                      unit) and PT Bank CIMB Niaga Tbk (sharia
          kepada PT Bank Permata Tbk (unit usaha                                      business unit).
          syariah) dan PT Bank CIMB Niaga Tbk (unit
          usaha syariah).

          Di samping itu, dalam perjanjian pembiayaan                                 In addition, in sharia joint financing without
          bersama secara Syariah dengan PT Bank                                       recourse arrangements with PT Bank Permata
          Permata Tbk (unit usaha syariah) dan PT Bank                                Tbk (sharia business unit) Syariah and PT Bank
          CIMB Niaga Tbk (unit usaha syariah) porsi                                   CIMB Niaga Tbk (sharia business unit) the
          fasilitas pembiayaan yang diberikan untuk                                   portion of each party ranges from 1% - 10% from
          konsumen adalah berkisar 1% - 10% dari                                      the Company and 90% - 99% from the co-
          Perseroan dan 90% - 99% dari pemberi                                        financing parties. In these sharia joint financing
          pembiayaan bersama. Dalam hal ini, Perseroan                                without recourse, the Company will grant credit to
          akan bertindak sebagai pemberi fasilitas                                    customers who meet certain criteria as set out in
          pembiayaan kepada konsumen yang memenuhi                                    the agreements and responsible for maintaining
          kriteria tertentu yang tertera dalam perjanjian dan                         the customers’ documentation and loan
          bertanggung         jawab      untuk     mengelola                          administration.
          dokumentasi dan administrasi setiap konsumen.

          Perseroan tidak memiliki kewajiban untuk                                    The Company is not obliged to pay installments
          membayar atau menyetor angsuran pokok                                       including margin to joint financing providers in the
          termasuk bunga kepada pemberi pembiayaan                                    event customers fail to meet their installment
          bersama jika konsumen gagal melakukan                                       obligation to the Company.
          pembayaran angsurannya kepada Perseroan.
                                                          31 Desember/December 2025                          31 Desember/December 2024
                                                    Fasilitas                                          Fasilitas
                                                   maksimum                                           maksimum
                                                  pembiayaan/                                        pembiayaan/
             Pemberi pembiayaan bersama/            Maximum                 Periode/                   Maximum                 Periode/
                Joint financing provider        financing facility           Period                financing facility           Period

          PT Bank Permata Tbk (unit usaha                             19 September 2018 -                                19 September 2018 -
            syariah/sharia business unit)        Rp 3,000,000        Tidak terbatas/Unlimited       Rp 3,000,000       Tidak terbatas/Unlimited


          Pada tanggal 31 Desember 2025, saldo piutang                                As at 31 December 2025, the outstanding sharia
          pembiayaan syariah yang dikelola oleh                                       financing receivables managed by the Company
          Perseroan adalah Rp       5.651.672 (2024:                                  is Rp 5,651,672 (2024: Rp 2,947,607).
          Rp 2.947.607).

     b. Penyalur kendaraan                                                     b.     Dealers

          Perseroan mengadakan perjanjian kerjasama                                   The Company has entered into cooperation
          dengan     beberapa penyalur   kendaraan.                                   agreements with dealers of vehicles. Approved
          Pembiayaan konsumen yang telah disetujui                                    consumer financing that has not yet been paid to
          namun belum dibayarkan kepada penyalur                                      various dealers are recorded as dealer payables.
          kendaraan dicatat sebagai utang kepada
          penyalur kendaraan.



                                                           Halaman - 5/108 - Page
Page 592
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                       31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                         (Expressed in millions of Rupiah, unless otherwise stated)


27. PERJANJIAN KERJASAMA YANG SIGNIFIKAN                                 27. SIGNIFICANT          COOPERATION           AGREEMENTS
    (lanjutan)                                                               (continued)

     c.   Asuransi                                                           c. Insurance

          Perseroan mengadakan perjanjian kerjasama                                 The Company has entered into cooperation
          dengan PT Asuransi Astra Buana dalam rangka                               agreement with PT Asuransi Astra Buana to
          penyediaan asuransi perlindungan kredit dan                               provide credit shield and insurance coverage of
          penutupan asuransi kendaraan bermotor yang                                financed vehicles. The Company insures
          dibiayai. Perseroan melakukan penutupan                                   vehicles for the interest of the Company in its
          asuransi atas kendaraan bermotor demi                                     capacity as financing provider. Insurance
          kepentingan Perseroan dalam kapasitasnya                                  premium payments received from customers that
          sebagai penyedia pembiayaan. Pembayaran                                   have not yet been paid to insurance Company is
          premi asuransi yang telah diterima dari                                   recorded as insurance premium payable.
          konsumen namun belum dibayarkan kepada
          perusahaan asuransi dicatat sebagai utang
          premi asuransi.


28. INFORMASI SEGMEN                                                     28. SEGMENT INFORMATION

     Segmen operasi Perseroan dibagi berdasarkan                             The Company operating segments are divided based
     produk usaha, sebagai berikut: kendaraan bermotor,                      on the business product, as follows: motor vehicle,
     elektronik dan lain-lain.                                               electronic and others.

     Ringkasan berikut menjelaskan operasi masing-                           The following summary describes the operations in
     masing segmen dalam pelaporan segmen                                    each of the Company's reportable segments:
     Perseroan:

     •    Kendaraan bermotor                                                 •      Motor vehicle
          Termasuk dalam pelaporan segmen kendaraan                                 Included in the motor vehicle segment reporting
          bermotor adalah seluruh indikator penilaian                               are all operating segments assessment
          segmen operasi yang secara nyata dapat                                    indicators that can be attributed as a part of
          diatribusikan sebagai bagian dari pembiayaan                              motorcycle and car financing.
          sepeda motor dan mobil.

     •    Elektronik                                                         •      Electronic
          Termasuk dalam pelaporan segmen elektronik                                Included in the electronic segment reporting are
          adalah seluruh indikator penilaian segmen                                 all operating segments assessment indicators
          operasi yang secara nyata dapat diatribusikan                             that can be attributed as a part of electronic
          sebagai bagian dari pembiayaan elektronik.                                financing.

     •    Lain-lain                                                          •      Others
          Termasuk dalam pelaporan segmen lain-lain                                 Included in the other segment reporting are
          adalah informasi pelaporan segmen operasi                                 operating    segment     reporting    information
          terkait dengan aktivitas treasuri yang terpusat di                        associated with centralised treasury operations
          kantor pusat dalam bentuk pinjaman, surat                                 in the form of borrowings, securities issued and
          berharga yang diterbitkan dan juga aktivitas                              also head office activities such as operating
          kantor pusat seperti beban usaha, penyusutan                              expenses, depreciation expense, income tax
          aset tetap, beban pajak penghasilan yang tidak                            expense that can not be allocated.
          dapat dialokasikan.

     Informasi mengenai hasil dari masing-masing bisnis                      Information regarding the results of each reportable
     segmen disajikan di bawah ini. Kinerja diukur                           segment is presented below. Performance is
     berdasarkan beberapa indikator, seperti piutang,                        measured based on several indicators, such as
     pendapatan dan beban usaha yang dihasilkan oleh                         receivables, revenue and expenditures generated
     segmen-segmen tersebut sebagaimana dilaporkan                           incurred by those segments as included in the
     dalam laporan internal manajemen yang direviu oleh                      internal management reports that are reviewed by the
     Manajemen Perseroan. Manajemen berkeyakinan                             Company's Management. Management believes that
     bahwa informasi tersebut paling relevan dalam                           such information is most relevant in evaluating the
     mengevaluasi kinerja segmen tersebut relatif                            performance of those segments relative to other
     terhadap entitas lain yang beroperasi dalam industri                    entities that operate within this industry.
     tersebut.



                                                           Halaman - 5/109 - Page
Page 593
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                          31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                           (Expressed in millions of Rupiah, unless otherwise stated)


28. INFORMASI SEGMEN (lanjutan)                                               28. SEGMENT INFORMATION (continued)

                                                            31 Desember/December 2025
                                   Kendaraan
                                   bermotor/               Elektronik/           Lain-lain/         Jumlah/
                                  Motor vehicle            Electronic             Others             Total

     Penghasilan                                                                                                                       Income
     Pembiayaan konsumen                10,491,978                 55,409             339,703          10,887,090          Consumer financing
     Penghasilan dari ijarah             2,210,391                      -             192,114           2,402,505           Income from ijarah
     Bunga dan denda                       178,215                  1,498              23,397             203,110          Interest and penalty
     Penghasilan lain-lain                  11,088                  2,880               7,899              21,867                Other income

     Jumlah penghasilan                 12,891,672                 59,787             563,113          13,514,572                 Total income

     Beban                                                                                                                          Expenses
                                                                                                                          Operating expenses
      Beban usaha                                 -                      -         (3,256,854)         (3,256,854)                 Interest and
     Beban bunga dan keuangan                     -                      -         (2,463,428)         (2,463,428)        financing charges
     Penyisihan kerugian                                                                                                         Allowance for
       penurunan nilai                  (1,230,464)                (17,554)          (122,551)         (1,370,569)        impairment losses
                                                                                                                       Loss from investment in
     Rugi entitas asosiasi                        -                      -             (24,007)           (24,007)                 associate
     Beban penurunan nilai
      lain-lain                           (433,175)                 (7,151)             (5,884)          (446,210)   Other impairment charges

     Jumlah beban                       (1,663,639)                (24,705)        (5,872,724)         (7,561,068)             Total expenses

     LABA SEBELUM PAJAK                                                                                                     PROFIT BEFORE
      PENGHASILAN                       11,228,033                 35,082          (5,309,611)          5,953,504            INCOME TAX

     BEBAN PAJAK
      PENGHASILAN                                 -                      -         (1,320,875)         (1,320,875)    INCOME TAX EXPENSE

     LABA BERSIH                        11,228,033                 35,082          (6,630,486)          4,632,629               NET INCOME

     JUMLAH ASET                        47,101,660                159,672           4,616,407          51,877,739            TOTAL ASSETS

     JUMLAH LIABILITAS                            -                      -         37,439,667          37,439,667         TOTAL LIABILITIES




                                                            31 Desember/December 2024
                                   Kendaraan
                                   bermotor/               Elektronik/           Lain-lain/         Jumlah/
                                  Motor vehicle            Electronic             Others             Total

     Penghasilan                                                                                                                       Income
     Pembiayaan konsumen                 9,139,975                 64,770             294,352           9,499,097          Consumer financing
     Penghasilan dari ijarah             2,303,656                      -             146,089           2,449,745           Income from ijarah
     Bunga dan denda                       149,552                  1,671              30,571             181,794          Interest and penalty
     Penghasilan lain-lain                  12,712                  2,669               7,887              23,268                Other income

     Jumlah penghasilan                 11,605,895                 69,110             478,899          12,153,904                 Total income

     Beban                                                                                                                          Expenses
     Beban usaha                                  -                      -         (2,945,353)         (2,945,353)        Operating expenses
                                                                                                                                   Interest and
     Beban bunga dan keuangan                     -                      -         (2,095,510)         (2,095,510)        financing charges
     Penyisihan kerugian                                                                                                         Allowance for
      penurunan nilai                     (842,331)                 (9,043)          (206,717)         (1,058,091)        impairment losses
                                                                                                                       Loss from investment in
     Rugi entitas asosiasi                        -                      -             (20,282)           (20,282)                 associate
     Beban penurunan nilai
      lain-lain                           (350,828)                 (6,306)             (6,147)          (363,281)   Other impairment charges

     Jumlah beban                       (1,193,159)                (15,349)        (5,274,009)         (6,482,517)             Total expenses

     LABA SEBELUM PAJAK                                                                                                     PROFIT BEFORE
      PENGHASILAN                       10,412,736                 53,761          (4,795,110)          5,671,387            INCOME TAX

     BEBAN PAJAK
      PENGHASILAN                                 -                      -         (1,255,853)         (1,225,853)    INCOME TAX EXPENSE

     LABA BERSIH                        10,412,736                 53,761          (6,050,963)          4,415,534               NET INCOME

     JUMLAH ASET                        41,434,521                210,781           4,035,909          45,681,211            TOTAL ASSETS

     JUMLAH LIABILITAS                            -                      -         33,505,498          33,505,498         TOTAL LIABILITIES




                                                           Halaman - 5/110 - Page
Page 594
                                               PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                       31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                         (Expressed in millions of Rupiah, unless otherwise stated)


28. INFORMASI SEGMEN (lanjutan)                                             28. SEGMENT INFORMATION (continued)

     Bentuk pelaporan             -   berdasarkan      segmen                  Reporting format - geographical segments
     geografis

     Segmen berdasarkan geografis terdiri dari                                 Geographical segment consists of 262 branches
     262 cabang (2024: 250 kantor cabang) (tidak diaudit)                      (2024: 250 branches) (unaudited) that are located
     yang terbagi menjadi 8 area yaitu Jabodetabek,                            into 8 areas, namely Jabodetabek, West Java,
     Jawa Barat, Jawa Tengah, Jawa Timur, Sumatera,                            Central Java, East Java, Sumatera, Kalimantan,
     Kalimantan, Sulawesi, Maluku, Papua, serta Bali,                          Sulawesi, Maluku, Papua, as well as Bali, NTT and
     NTT dan NTB.                                                              NTB.

     Informasi berdasarkan segmen geografis adalah                             Information concerning geographical segments are
     sebagai berikut:                                                          as follows:


                                                              2025              2024

     Jumlah Penghasilan                                                                                                        Total Income

     -   Area Sumatera                                         3,132,143        2,810,864                                    Sumatera area -
     -   Area Jawa Barat                                       2,406,533        2,081,282                                   West Java area -
     -   Area Jabodetabek                                      1,697,950        1,598,247                                 Jabodetabek area -
     -   Area Kalimantan                                       1,577,149        1,368,937                                  Kalimantan area -
     -   Area Jawa Timur                                       1,393,949        1,287,737                                    East Java area -
     -   Area Sulawesi, Maluku dan Papua                       1,279,047        1,126,381                Sulawesi, Maluku and Papua area -
     -   Area Jawa Tengah                                      1,250,801        1,153,271                                 Central Java area -
     -   Area Bali, NTT dan NTB                                  777,000          727,185                          Bali, NTT and NTB area -

     Jumlah penghasilan                                       13,514,572       12,153,904                                      Total income

                                                              2025              2024

     Jumlah Aset                                                                                                                      Assets

     -   Area Sumatera                                       12,288,868        10,381,179                                   Sumatera area -
     -   Area Jawa Barat                                      9,972,110         8,092,492                                  West Java area -
     -   Area Jabodetabek                                     6,127,361         5,694,253                                Jabodetabek area -
     -   Area Kalimantan                                      5,635,157         4,386,847                                 Kalimantan area -
     -   Area Jawa Timur                                      5,339,930         4,789,065                                  East Java area -
     -   Area Sulawesi, Maluku, dan Papua                     5,042,596         4,209,531               Sulawesi, Maluku and Papua area -
     -   Area Jawa Tengah                                     4,714,733         4,319,106                                Central Java area -
     -   Area Bali, NTT dan NTB                               3,313,971         3,010,254                         Bali, NTT and NTB area -

     Jumlah aset                                              52,434,726       44,882,727                                       Total assets

     Ditambah:                                                                                                                       Addition:
        Aset yang diperoleh untuk ijarah - bersih              2,543,642        3,681,599                    Asset acquired for ijarah - net

     Dikurangi:                                                                                                                       Less:
       Penyisihan kerugian penurunan nilai                    (3,100,629)       (2,883,115)               Allowance for impairment losses

     Jumlah aset                                              51,877,739       45,681,211                                       Total assets




                                                           Halaman - 5/111 - Page
Page 595
                                             PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                                       NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                                    31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                    (Expressed in millions of Rupiah, unless otherwise stated)



29. LABA PER SAHAM DASAR                                                          29. BASIC EARNING PER SHARE

     Laba bersih per saham dasar dihitung dengan                                         Basic earnings per share is calculated by dividing the
     membagi laba bersih yang tersedia bagi pemegang                                     net income attributable to shareholders by the
     saham dengan rata-rata tertimbang jumlah saham                                      weighted average number of ordinary shares
     biasa yang beredar pada tahun bersangkutan:                                         outstanding during the year:

                                                                   2025                   2024

     Laba bersih                                                   4,632,629                4,415,534                                                     Net income

     Jumlah rata-rata tertimbang                                                                                                        Weighted average number of
         saham biasa yang beredar                                                                                                     ordinary shares outstanding
         (dalam jutaan lembar)                                            280                       280                                         (in million shares)

     Laba bersih per saham                                                                                                                         Basic earnings
        dasar (Rupiah penuh)                                           16,545                   15,770                          per share (full Rupiah amount)

     Perseroan    tidak memiliki instrumen  yang                                         The Company does not have instrument that gives
     memberikan dampak efek dilusi pada laba per                                         impact of dilution effect on basic earning per share.
     saham dasar.


30. MANAJEMEN RISIKO KEUANGAN                                                     30. FINANCIAL RISK MANAGEMENT

     Aktivitas Perseroan mengandung berbagai macam                                       The Company activities are exposed to several
     risiko keuangan seperti risiko nilai tukar mata uang                                financial risks such as foreign exchange risk, credit
     asing, risiko kredit, risiko tingkat bunga dan risiko                               risk, interest rate risk and liquidity risk. The Company
     likuiditas. Secara keseluruhan, program manajemen                                   overall risk management program focuses to mitigate
     risiko keuangan Perseroan terfokus untuk                                            the volatility of financial markets and to minimise
     menghadapi ketidakpastian pasar uang dan                                            potential adverse effects on the Company financial
     meminimalisasi potensi kerugian yang berdampak                                      performance.
     pada kinerja keuangan Perseroan.

     Manajemen risiko merupakan tanggung jawab                                           Risk management is the responsibility of the Board of
     Direksi yang bertugas menentukan prinsip dasar                                      Directors to determine the basic principles of the
     kebijakan manajemen risiko secara keseluruhan.                                      overall risk management policy.

     (i) Risiko nilai tukar mata uang asing                                              (i) Foreign exchange risk

          Perseroan menyadari adanya risiko nilai tukar                                         The Company is aware of foreign exchange risk
          mata uang asing yang terjadi akibat fluktuasi                                         due to fluctuation of Rupiah against US Dollar
          mata uang Rupiah terhadap Dolar AS serta                                              and interest rate fluctuation hence the Company
          fluktuasi suku bunga sehingga Perseroan                                               entered into cross currency swap to hedge the
          melakukan transaksi cross currency swap                                               foreign exchange Loans’ principles and interest
          dengan tujuan melakukan aktivitas lindung nilai                                       from foreign exchange floating rate to Rupiah
          atas ketidakpastian suku bunga dan mata uang                                          fixed rate.
          asing yang timbul dari arus kas pokok dan
          bunga pinjaman.
                                               31 Desember/December 2025                    31 Desember/December 2024
                                                                           Rupiah                                       Rupiah
                                               Mata uang asing/           ekuivalen/        Mata uang asing/           ekuivalen/
                                              Foreign currencies         Equivalent        Foreign currencies         Equivalent
                                                 (nilai penuh/         (dalam jutaan/         (nilai penuh/         (dalam jutaan/
                                                 full amount)            In millions)         full amount)            In millions)

          Aset                                                                                                                                                    Assets
                                           Dolar AS/                                  Dolar AS/
          Kas dan setara kas               US Dollar          6,265               105 US Dollar            9,153               148              Cash and cash equivalents

          Liabilitas                                                                                                                                           Liabilities
                                           Dolar AS/                                    Dolar AS/
          Pinjaman                         US Dollar   (493,333,333)        (8,279,120) US Dollar   (389,166,667)        (6,289,712)                          Borrowings

          Dikurangi:                                                                                                                                                Less:
                                           Dolar AS/                                   Dolar AS/
            Lindung nilai                  US Dollar   493,333,333           8,279,120 US Dollar    389,166,667           6,289,712                          Hedging

          Aset bersih                                         6,265               105                      9,153               148                             Net asset




                                                            Halaman - 5/112 - Page
Page 596
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                       (Expressed in millions of Rupiah, unless otherwise stated)


30. MANAJEMEN RISIKO KEUANGAN (lanjutan)                                 30. FINANCIAL RISK MANAGEMENT (continued)

     (i) Risiko nilai tukar mata uang asing (lanjutan)                       (i) Foreign exchange risk (continued)

          Pada tanggal 31 Desember 2025, Perseroan                                  As at 31 December 2025, the Company has
          telah melakukan lindung nilai terhadap liabilitas                         hedged all of its liabilities denominated in foreign
          dalam mata uang asing (nilai penuh) sebesar                               currency (full amount) of US Dollar 493,333,333
          Dolar AS 493.333.333 (2024: Dolar AS                                      (2024: US Dollar 389,166,667) (refer to Note
          389.166.667) (lihat Catatan 16).                                          16).

          Manajemen berpendapat bahwa dampak                                        Management is in the opinion that the impact
          terhadap risiko mata uang asing tidak signifikan                          due to foreign exchange rates fluctuation is not
          dikarenakan seluruh liabilitas dalam mata uang                            significant since all of the liabilities denominated
          asing telah dilakukan lindung nilai.                                      in foreign currency are already hedged.

     (ii) Risiko kredit                                                      (ii) Credit risk

          Perseroan menghadapi risiko kredit, yaitu                                 The Company is exposed to credit risk from the
          ketidakmampuan konsumen untuk membayar.                                   defaulting consumers. The Company applies
          Perseroan menerapkan kebijakan pemberian                                  prudent financing policies, performs ongoing
          pembiayaan berdasarkan prinsip kehati-hatian,                             credit portfolio monitoring as well as manages
          melakukan pengawasan portofolio kredit secara                             the collection of consumer financing receivables
          berkesinambungan dan melakukan pengelolaan                                in order to minimise credit risk exposure.
          atas penagihan angsuran untuk meminimalisasi
          risiko kredit.

          Sebagai jaminan atas piutang pembiayaan                                   As collateral of consumer financing receivables,
          konsumen, Perseroan menerima jaminan dari                                 the Company obtained collateral from customers
          konsumen berupa Bukti Pemilikan Kendaraan                                 in the form of the Certificate of Ownership
          Bermotor (“BPKB”) atas kendaraan bermotor                                 (“BPKB”) of the vehicle financed by the
          yang dibiayai Perseroan.                                                  Company.

          Sebagai jaminan atas piutang pembiayaan                                   As collateral of consumer financing receivables
          konsumen untuk modal usaha, Perseroan                                     for working capital, the Company obtained
          menerima jaminan dari konsumen berupa Bukti                               collateral from customers in the form of the
          Pemilikan Kendaraan Bermotor (“BPKB”) atau                                Certificate of Ownership (“BPKB”) or Freehold
          Sertifikat Hak Milik (“SHM”) yang dimiliki oleh                           Title (“SHM”) owned by the customer.
          konsumen.

          Manajemen yakin akan kemampuan Perseroan                                  Management is confident in its ability to control
          untuk mengendalikan dan memelihara eksposur                               and sustain minimal exposure of credit risk to the
          risiko kredit pada tingkat yang minimum                                   Company based on the following:
          berdasarkan hal-hal sebagai berikut:

          -   Perseroan telah membentuk penyisihan                                  -   The Company has set sufficient allowance for
              kerugian penurunan nilai untuk menutupi                                   impairment losses to cover incurred losses
              kemungkinan kerugian atas tidak tertagihnya                               arising from uncollectible receivables based
              piutang tersebut berdasarkan kerugian kredit                              on expected credit loss.
              ekspektasian.
          -   Piutang pembiayaan konsumen dan piutang                               -   Consumer financing receivables and other
              lain-lain, yang merupakan portofolio terbesar,                            receivables, which represent the largest
              dilindungi dengan jaminan.                                                portfolio, are secured by collaterals.




                                                           Halaman - 5/113 - Page
Page 597
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                      31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                       (Expressed in millions of Rupiah, unless otherwise stated)


30. MANAJEMEN RISIKO KEUANGAN (lanjutan)                                 30. FINANCIAL RISK MANAGEMENT (continued)

     (ii) Risiko kredit (lanjutan)                                           (ii) Credit risk (continued)

          Dalam hal terdapat keraguan terhadap                                      Where there is doubt on the ability of the
          kemampuan      nasabah    untuk    melakukan                              borrowers to meet contractual payments when
          pembayaran kontraktual pada saat jatuh tempo,                             due, the terms of the receivables might be
          persyaratan piutang dapat dinegosiasikan                                  renegotiated based on mutual agreement
          kembali berdasarkan kesepakatan antara                                    between the Company and the customers.
          Perseroan dan konsumen.

          Asumsi dan pertimbangan utama dalam                                       Key assumptions and judgements                    in
          menentukan kerugian kredit ekspektasian                                   determining expected credit loss

          Lifetime                                                                  Lifetime

          Kerugian kredit ekspektasian diestimasikan                                Expected credit loss is estimated based on the
          berdasarkan    periode     dimana    Perseroan                            period over which the Company is exposed to
          terpapar pada risiko kredit dimana hal ini sama                           credit risk of which this equates to the
          dengan periode kontrak.                                                   contractual period.

          Variabel Makroekonomi (“MEV”)                                             Macroeconomic Variable (“MEV”)

          Lingkungan ekonomi yang berkembang adalah                                 The developing economic environment is the
          penentu utama dari kemampuan nasabah untuk                                key determinant of the ability of customer to
          memenuhi kewajiban mereka saat jatuh tempo.                               meet their obligations as they fall due. It is a
          Ini adalah prinsip dasar PSAK 109 bahwa                                   fundamental principle of SFAS 109 that the
          potensi kerugian kredit di masa depan harus                               potential future credit losses should depend not
          bergantung tidak hanya pada kesehatan                                     just on the health of the economy today, but
          ekonomi saat ini, tetapi juga harus                                       should also take into account potential changes
          memperhitungkan kemungkinan perubahan                                     to the economic environment. For example, if
          pada lingkungan ekonomi. Misalnya, jika                                   the Company was to anticipate a sharp
          Perseroan mengantisipasi perlambatan tajam                                slowdown in the world economy, Company
          dalam ekonomi dunia, Perseroan harus                                      should make more provisions today to absorb
          membentuk lebih banyak cadangan hari ini                                  the credit losses likely to occur in the near
          untuk menyerap kerugian kredit yang                                       future.
          kemungkinan akan terjadi dalam waktu dekat.

          Untuk menangkap efek perubahan pada                                       To capture the effect of changes to the
          lingkungan ekonomi, model PD digunakan untuk                              economic environment, PD model is used to
          menghitung kerugian kredit ekspektasian,                                  calculate expected credit loss, by incorporating
          dengan memasukkan informasi forward looking                               forward looking information in the form of
          dalam bentuk perkiraan nilai-nilai variabel                               forecasts of the values of economic variables
          ekonomi yang kemungkinan akan berdampak                                   that are likely to have an effect on the
          pada    kemampuan     pembayaran     kembali                              repayment ability of the customer.
          konsumen.




                                                           Halaman - 5/114 - Page
Page 598
                                                    PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                                NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                             31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                              (Expressed in millions of Rupiah, unless otherwise stated)


30. MANAJEMEN RISIKO KEUANGAN (lanjutan)                                         30. FINANCIAL RISK MANAGEMENT (continued)

     (ii) Risiko kredit (lanjutan)                                                  (ii) Credit risk (continued)

          Sensitivitas MEV terhadap ECL                                                    Sensitivity of MEV to ECL

          Perhitungan cadangan kerugian penurunan nilai                                    The Expected Credit Loss (“ECL”) calculation
          (“ECL”) bergantung pada beberapa variabel dan                                    relies on multiple variables and is inherently
          pada dasarnya tidak linier dan tergantung pada                                   non-linear and portfolio-dependent, which
          portofolio, yang menyiratkan bahwa tidak ada                                     implies that no single analysis can fully
          analisis tunggal yang dapat sepenuhnya                                           demonstrate the sensitivity of the expected
          menunjukkan sensitivitas kerugian kredit                                         credit loss to changes in the MEVs. The
          ekspektasian terhadap perubahan dalam MEV.                                       Company believes that sensitivity should be
          Perseroan berkeyakinan bahwa sensitivitas                                        performed to all variables, instead of single
          harus dilakukan terhadap seluruh variabel,                                       variable, as this aligns with the multi-variable
          bukan hanya variabel tunggal, karena hal ini                                     nature of the ECL calculation.
          sejalan dengan sifat multi-variabel dari
          perhitungan ECL.

          Eksposur maksimum risiko kredit                                                  Maximum exposure to credit risk

          Eksposur maksimum risiko kredit terhadap aset                                    Credit risk exposures relating to assets
          pada laporan posisi keuangan (bersih setelah                                     in statements of financial position’s (net after
          penyisihan kerugian penurunan nilai), tanpa                                      allowance for impairment losses), without
          memperhitungkan agunan, pada tanggal                                             considering collateral, as of 31 December 2025
          31 Desember 2025 dan 2024 adalah sebagai                                         and 2024 are as follows:
          berikut:

                                                                  Eksposur maksimum/
                                                                   Maximum exposure
                                                                2025              2024

          Laporan posisi keuangan:                                                                                       Statements of financial position:
          Bank                                                       330,093          233,532                                               Cash in banks
          Piutang pembiayaan                                                                                                         Consumer financing
             konsumen - bersih                                   46,958,874         39,902,300                                         receivables - net
          Piutang lain-lain - bersih*)                              257,035            207,053                                   Other receivables – net *)
          Jumlah                                                 47,546,002         40,342,885                                                                Total

          *) Terdiri dari piutang asuransi kredit, pembayaran konsumen                      Consists of credit insurance receivable, settlement of debtors’ payment*)
               melalui payment channel, pinjaman karyawan dan manajemen kunci,                through payment channel, employee and key management loans,
               dan lain-lain.                                                                                                                         and others.


          Tabel di atas merupakan eksposur maksimum                                        The above table represents a maximum credit
          atas risiko kredit bagi Perseroan pada tanggal                                   risk exposure to the Company as at
          31 Desember 2025 dan 2024 tanpa                                                  31 December 2025 and 2024 without taking into
          memperhitungkan jaminan yang dikuasai oleh                                       account the collaterals held. The exposures set
          Perseroan terhadap aset tersebut. Eksposur di                                    out above are based on net carrying amounts
          atas berdasarkan nilai tercatat bersih sebelum                                   before allowance for impairment losses and
          penyisihan kerugian penurunan nilai dan                                          other impairment losses as reported in the
          penyisihan nilai lainnya sebagaimana dilaporkan                                  statements of financial position.
          di laporan posisi keuangan.

          Seperti yang telah dijelaskan di atas, jumlah                                    As outlined above, the total maximum exposure
          eksposur maksimum berasal dari piutang                                           is derived from consumer financing receivables.
          pembiayaan konsumen.




                                                                  Halaman - 5/115 - Page
Page 599
                                                    PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                                      NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                                   31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                    (Expressed in millions of Rupiah, unless otherwise stated)


30. MANAJEMEN RISIKO KEUANGAN (lanjutan)                                             30. FINANCIAL RISK MANAGEMENT (continued)

     (ii) Risiko kredit (lanjutan)                                                        (ii) Credit risk (continued)

          Eksposur maksimum risiko kredit (lanjutan)                                          Maximum exposure to credit risk (continued)

          Manajemen yakin akan kemampuan Perseroan                                            Management is confident in its ability to control
          untuk mengendalikan dan memelihara eksposur                                         and sustain minimal exposure of credit risk to the
          risiko kredit pada tingkat yang minimum                                             Company based on the following:
          berdasarkan hal-hal sebagai berikut:

          -   Perseroan telah membentuk penyisihan                                            -      The Company have set sufficient allowance
              kerugian penurunan nilai untuk menutupi                                                for impairment losses to cover incurred
              kemungkinan kerugian atas tidak tertagihnya                                            losses arising from uncollectible receivables
              piutang tersebut berdasarkan data historis                                             based on historical loss.
              kerugian yang ada.

          -   Piutang pembiayaan konsumen - bersih,                                           -      Consumer financing receivables - net, which
              yang     merupakan     portofolio terbesar,                                            represent the biggest portfolio, are secured
              dilindungi dengan jaminan.                                                             by collaterals.

          Kualitas kredit dari aset keuangan                                                  Credit quality of financial assets

          Pada tanggal 31 Desember 2025 dan 2024,                                             As at 31 December 2025 and 2024, credit quality
          kualitas kredit atas aset keuangan terbagi atas:                                    of financial assets are divided as follows:

                                                                          31 Desember/December 2025
                                                                                                                         Jumlah/
                                                 Stage 1                  Stage 2            Stage 3                      Total
          ASET                                                                                                                                               ASSETS
          Bank                                         330,093                        -                       -                   330,093               Cash in banks
          Piutang pembiayaan                                                                                                                       Consumer financing
             konsumen                               24,403,866               24,908,766              746,871                   50,059,503               receivables
          Piutang lain-lain*)                          257,035                        -                    -                      257,035           Other receivables*)

          Jumlah aset                               24,990,994               24,908,766              746,871                   50,646,631                 Total assets
          Dikurangi:                                                                                                                                             Less:
          Penyisihan kerugian                                                                                                                            Allowance for
             Penurunan nilai                                                                                                   (3,100,629)        impairment losses

                                                                                                                               47,546,002

                                                                          31 Desember/December 2024
                                                                                                                         Jumlah/
                                                 Stage 1                  Stage 2            Stage 3                      Total
          ASET                                                                                                                                               ASSETS
          Bank                                         233,532                        -                       -                   233,532               Cash in banks
          Piutang pembiayaan                                                                                                                       Consumer financing
             konsumen                               22,522,850               19,759,828              502,737                   42,785,415               receivables
          Piutang lain-lain*)                          207,053                        -                    -                      207,053           Other receivables*)

          Jumlah aset                               22,963,435               19,759,828              502,737                   43,226,000                 Total assets
          Dikurangi:                                                                                                                                             Less:
          Penyisihan kerugian                                                                                                                            Allowance for
             Penurunan nilai                                                                                                   (2,883,115)        impairment losses

                                                                                                                               40,342,885

          *) Terdiri dari piutang asuransi kredit, pembayaran konsumen                            Consists of credit insurance receivable, settlement of debtors’ payment *)
               melalui payment channel, pinjaman karyawan dan manajemen kunci,                      through payment channel, employee and key management loans,
               dan lain-lain.                                                                                                                               and others.


          Perseroan        mengklasifikasikan    piutang                                      The Company classified consumer financing
          pembiayaan konsumen sebagai mengalami                                               receivables as impaired when they are overdue
          penurunan nilai ketika piutang tersebut telah                                       more than 90 days. The calculation of allowance
          menunggak lebih dari 90 hari. Perhitungan                                           for impairment losses is reformed collectively.
          penyisihan kerugian penurunan nilai dilakukan
          secara kolektif.




                                                                  Halaman - 5/116 - Page
Page 600
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                        31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


30. MANAJEMEN RISIKO KEUANGAN (lanjutan)                                 30. FINANCIAL RISK MANAGEMENT (continued)

     (ii) Risiko kredit (lanjutan)                                           (ii) Credit risk (continued)

          Kualitas kredit dari aset keuangan (lanjutan)                             Credit quality of financial assets (continued)

          Pada tanggal 31 Desember 2025 dan 2024                                    The quality of consumer financing receivables
          rincian kualitas piutang pembiayaan konsumen                              that are Stage 1 and “neither past due nor
          yang diberikan Stage 1 dan ”yang belum jatuh                              impaired” as at 31 December 2025 and 2024 can
          tempo atau tidak mengalami penurunan nilai”                               be assessed based on internal monitoring as
          berdasarkan pengelolaan internal sebagai                                  follows:
          berikut:

                                                         31 Desember/December 2025
                                                                   Pernah
                                                                  mengalami
                                                                keterlambatan
                                                                 pembayaran/
                                                   Baik/       Has an overdue    Jumlah/
                                                   Good             history       Total

          Kendaraan bermotor baru                 18,581,118                  -          18,581,118                      New motor vehicle
          Kendaraan bermotor bekas                 5,266,766                  -           5,266,766                      Used motor vehicle
          Elektronik                                 555,982                  -             555,982                              Electronic

                                                  24,403,866                             24,403,866

                                                         31 Desember/December 2024
                                                                   Pernah
                                                                  mengalami
                                                                keterlambatan
                                                                 pembayaran/
                                                   Baik/       Has an overdue    Jumlah/
                                                   Good             history       Total

          Kendaraan bermotor baru                 19,405,045                  -          19,405,045                      New motor vehicle
          Kendaraan bermotor bekas                 2,978,557                  -           2,978,557                      Used motor vehicle
          Elektronik                                 139,248                  -             139,248                              Electronic

                                                  22,522,850                  -          22,522,850

          Penjelasan pembagian rincian kualitas piutang                             Details for credit quality of consumer financing
          pembiayaan konsumen yang belum jatuh tempo                                receivables “neither past due nor impaired” are
          atau tidak mengalami penurunan nilai adalah:                              as follows:

          -    Baik                                                                 -   Good
               Kategori ini dianggap memiliki kemampuan                                 This category is considered as having strong
               yang kuat untuk membayar bunga dan                                       capacity to pay interest and principal of
               pokok piutang pembiayaan konsumen                                        consumer financing receivables to the
               kepada Perseroan.                                                        Company.

          -    Pernah       mengalami       keterlambatan                           -   Has an overdue history
               pembayaran
               Kategori ini dianggap memiliki kemampuan                                 This category is considered to have adequate
               yang memadai untuk membayar bunga dan                                    capacity to pay interest and principal of
               pokok piutang pembiayaan konsumen                                        consumer financing receivables to the
               kepada Perseroan. Namun, terdapat                                        Company. However, there are considerations
               pertimbangan terkait dengan kemampuan                                    related to the customer's ability to make
               nasabah dalam melakukan pembayaran                                       payments at maturity due to having
               pada saat jatuh tempo dikarenakan pernah                                 experienced late payments.
               mengalami keterlambatan pembayaran.




                                                           Halaman - 5/117 - Page
Page 601
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                          31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)


30. MANAJEMEN RISIKO KEUANGAN (lanjutan)                                   30. FINANCIAL RISK MANAGEMENT (continued)
     (ii) Risiko kredit (lanjutan)                                              (ii) Credit risk (continued)
          Kualitas kredit dari aset keuangan (lanjutan)                                Credit quality of financial assets (continued)
          Selain piutang pembiayaan konsumen, kualitas                                 Quality of financial assets other than consumer
          kredit atas aset keuangan lainnya dikategorikan                              financing receivables is categorised as good.
          sebagai baik.
          Analisis umur piutang pembiayaan (porsi pokok)                               An aging (principal portion) analysis of consumer
          konsumen yang diberikan pada Stage 2 dan                                     financing receivables that are on Stage 2 and
          “yang telah jatuh tempo tetapi tidak mengalami                               “past due but not impaired” on 31 December
          penurunan nilai” pada tanggal 31 Desember                                    2025 and 2024 is set out below:
          2025 dan 2024 adalah sebagai berikut:
                                                                31 Desember/December 2025
                                       Motor Baru/            Motor Bekas/       Elektronik/
                                     New Motorcycles        Used Motorcycles     Electronic          Jumlah/Total

          0 - 30 hari                      15,267,998              6,549,771              682,440          22,500,209              0 - 30 days
          31 - 60 hari                        762,816                403,599               25,001           1,191,416             31 - 60 days
          61 - 90 hari                        818,514                366,724               31,903           1,217,141             61 - 90 days

                                           16,849,328              7,320,094              739,344          24,908,766

                                                                31 Desember/December 2024
                                       Motor Baru/            Motor Bekas/       Elektronik/
                                     New Motorcycles        Used Motorcycles     Electronic          Jumlah/Total

          0 - 30 hari                      15,251,009              3,182,149               84,610          18,517,768              0 - 30 days
          31 - 60 hari                        725,292                153,602                9,614             888,508             31 - 60 days
          61 - 90 hari                        288,399                 58,598                6,555             353,552             61 - 90 days

                                           16,264,700              3,394,349              100,779          19,759,828


          Pada tanggal 31 Desember 2025 dan 2024                                       The quality of consumer financing receivables
          rincian kualitas piutang pembiayaan konsumen                                 that are Stage 1 and “neither past due nor
          yang     diberikan    Stage   3     berdasarkan                              impaired” as at 31 December 2025 and 2024 can
          pengelolaan internal sebagai berikut:                                        be assessed based on internal monitoring as
                                                                                       follows:
                                                           2025                 2024

          Kendaraan bermotor baru                             530,117              412,088                                 New motor vehicle
          Kendaraan bermotor bekas                            195,644               79,768                                 Used motor vehicle
          Elektronik                                           21,110               10,881                                         Electronic
          Jumlah                                              746,871              502,737                                               Total



          Perubahan      pada     penyisihan      kerugian                             Movements of the allowance for impairment
          penurunan nilai adalah sebagai berikut:                                      losses are as follows:
                                                               31 Desember/December 2025
                                        Kendaraan             Kendaraan
                                      Bermotor Baru/        Bermotor Bekas      Elektronik/
                                     New Motor vehicle     Used Motor Vehicle   Electronic           Jumlah/Total

          Saldo awal                         2,209,517               472,296              201,302           2,883,115      Beginning balance
          Penambahan                           752,415               478,049              140,105           1,370,569                Additions
          Penghapusan piutang               (1,022,610)             (363,907)            (231,272)         (1,617,789)              Written-off
          Penerimaan penghapusan                                                                                               Recovery from
           piutang                            218,262                152,639               93,833             464,734 written-off receivables

          Saldo akhir                        2,157,584               739,077              203,968           3,100,629          Ending balance




                                                           Halaman - 5/118 - Page
Page 602
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                       31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                         (Expressed in millions of Rupiah, unless otherwise stated)


30. MANAJEMEN RISIKO KEUANGAN (lanjutan)                                  30. FINANCIAL RISK MANAGEMENT (continued)
     (ii) Risiko kredit (lanjutan)                                             (ii) Credit risk (continued)
          Kualitas kredit dari aset keuangan (lanjutan)                             Credit quality of financial assets (continued)
          Perubahan        pada    penyisihan kerugian                              Movements of the allowance for impairment
          penurunan      nilai adalah sebagai berikut:                              losses are as follows: (continued)
          (lanjutan)
                                                               31 Desember/December 2024
                                        Kendaraan             Kendaraan
                                      Bermotor Baru/        Bermotor Bekas      Elektronik/
                                     New Motor vehicle     Used Motor Vehicle   Electronic          Jumlah/Total

          Saldo awal                         2,223,460              437,411            164,808             2,825,679     Beginning balance
          Penambahan                           664,732              177,629            215,729             1,058,090               Additions
          Penghapusan piutang                 (864,677)            (293,721)          (197,719)           (1,356,117)             Written-off
          Penerimaan penghapusan                                                                                             Recovery from
           piutang                            186,002               150,977             18,484              355,463 written-off receivables

          Saldo akhir                        2,209,517              472,296            201,302             2,883,115         Ending balance

          Debitur-debitur    dipantau    dan   dianalisis                           Debtors are monitored and analised based on
          berdasarkan hari tunggakan (days past due)                                days past due and qualitative criteria as
          dan kriteria kualitatif sebagaimana dijelaskan                            explained in Note 2d(iv).
          pada Catatan 2d(iv).

     (iii) Risiko tingkat bunga                                                (iii) Interest rate risk

          Perseroan terekspos risiko tingkat suku bunga                             The Company is exposed to interest rate risk
          yang berasal dari perubahan tingkat bunga atas                            through the impact of rate changes on interest
          aset dan liabilitas yang dikenakan bunga. Risiko                          bearing assets and liabilities. These exposures
          ini   dikelola      pada    umumnya     dengan                            are managed mainly through the use of cross
          menggunakan cross currency swaps untuk                                    currency swaps, which have the economic effect
          mengonversi pinjaman dalam mata uang asing                                of converting borrowings in foreign currency from
          dengan tingkat bunga mengambang menjadi                                   floating to fixed interest rate. The Company
          tetap. Perseroan umumnya memberikan                                       provide financing predominantly at a fixed rate.
          pembiayaan dengan tingkat suku bunga tetap.                               The borrowings expose the Company to fair
          Pinjaman ini menyebabkan Perseroan terekspos                              value interest rate risk, which are offset by
          terhadap risiko tingkat bunga atas nilai wajar,                           financing receivables held at a fixed rate.
          dimana risiko ini disaling hapus dengan piutang                           The borrowings are generally has a same tenor
          pembiayaan dengan suku bunga tetap.                                       with the financing receivables.
          Pinjaman ini umumnya memiliki tenor yang
          sama dengan piutang pembiayaannya.




                                                           Halaman - 5/119 - Page
Page 603
                                                                     PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                                                                              NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                                                                           31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                                                         (Expressed in millions of Rupiah, unless otherwise stated)


30. MANAJEMEN RISIKO KEUANGAN (lanjutan)                                                                                30. FINANCIAL RISK MANAGEMENT (continued)
     (iii) Risiko tingkat bunga (lanjutan)                                                                                   (iii) Interest rate risk (continued)
          Tabel di bawah ini menyajikan aset dan liabilitas                                                                             The table below summarises the Company’s
          keuangan berbunga Perseroan pada nilai                                                                                        interest earning assets and interest bearing
          tercatat, yang dikategorikan menurut mana yang                                                                                liabilities at carrying amounts, categorised by the
          terlebih dahulu antara tanggal perubahan bunga                                                                                earlier of contractual repricing interest or maturity
          secara kontraktual atau tanggal jatuh tempo:                                                                                  dates:
                                                                                                       31 Desember/December 2025
                                                                                                                             Bunga tetap/
                                                        Variabel/Variable                                                 Fixed interest rate
                                       Kurang                                        Lebih               Kurang                                           Lebih
                                         dari                                          dari                 dari                                            dari
                                     satu tahun/                                    3 tahun/           satu tahun/                                       3 tahun/           Tidak dikenakan
                                        Less             1-2            2-3           Over                 Less          1-2              2-3              Over                 bunga/
                                        than           tahun/         tahun/          than                 than        tahun/           tahun/             than                   Non            Jumlah/
                                      one year          years          years        3 years             one year        years            years           3 years            interest bearing      Total


          ASET                                                                                                                                                                                                               ASSETS
                                                                                                                                                                                                                       Cash and cash
          Kas dan setara kas               397,852              -              -                   -               -               -                -                   -                   -        397,852          equivalents
          Piutang pembiayaan                                                                                                                                                                                       Consumer financing
               konsumen                            -            -              -                   -      30,886,414      14,985,899        3,986,594        200,596                       -       50,059,503         receivables
          Piutang lain-lain*)                      -            -              -                   -               -               -                -              -                 257,035          257,035       Other receivables*)
          Aset derivatif                           -            -              -                   -               -               -                -              -                 148,858          148,858        Derivative assets
          Jumlah aset
               keuangan                    397,852              -              -                   -      30,886,414      14,985,899        3,986,594        200,596                 405,893       50,863,248      Total financial assets

          Penyisihan kerugian                                                                                                                                                                                  Allowance for impairment
              penurunan nilai                                                                                                                                                                      (3,100,629)               losses

          Jumlah                                                                                                                                                                                   47,762,619                        Total


          LIABILITAS                                                                                                                                                                                                       LIABILITIES

          Utang penyalur
                kendaraan                          -            -              -                   -               -               -                -                   -            129,832         129,832           Dealer payable
          Utang lain-lain                          -            -              -                   -               -               -                -                   -            217,535         217,535          Others payables
          Utang                                                                                                                                                                                                             Insurance
                premi asuransi                     -            -              -                   -               -               -                -                   -            585,445         585,445     premium payable
          Akrual                                   -            -              -                   -               -               -                -                   -            575,866         575,866                  Accruals
          Pinjaman                                                                                                                                                                                                        Borrowings
                - Rupiah                         -              -              -                   -      11,100,151       3,550,008        1,089,227                   -                   -      15,739,386          Rupiah -
                - Dolar AS               5,037,438      2,850,238      1,102,029                   -               -               -                -                   -                   -       8,989,705        US Dollar -
          Surat berharga
                yang diterbitkan                   -            -              -                   -       5,866,495       2,135,591        2,271,361                   -                  -       10,273,447         Securities issued
          Liabilitas derivatif                     -            -              -                   -               -               -                -                   -             25,954           25,954        Derivative liabilities
          Jumlah liabilitas                                                                                                                                                                                               Total financial
                keuangan                  5,037,438     2,850,238      1,102,029               -          16,966,646       5,685,599        3,360,588               -               1,534,632      36,537,170             liabilities

                                         (4,639,586)   (2,850,238)    (1,102,029)                  -      13,919,768       9,300,300         626,006         200,596               (1,128,737)     14,326,080

          Derivatif                       5,037,438     2,850,238      1,102,029                   -      (5,037,438)     (2,850,238)      (1,102,029)                  -                   -               -                  Derivative

          Jumlah gap                                                                                                                                                                                                        Total interest
               repricing bunga             397,852              -              -                   -       8,882,330       6,450,062         (476,023)       200,596               (1,128,737)     14,326,080         repricing gap
          Posisi neto setelah                                                                                                                                                                                        Net position, net of
               penyisihan kerugian                                                                                                                                                                                    allowance for
               penurunan nilai                                                                                                                                                                     11,225,451        impairment losses



          *)
               Terdiri dari piutang asuransi kredit, pembayaran konsumen                                                                  Consists of credit insurance receivable, settlement of debtors’ payment *)
                  melalui payment channel, pinjaman karyawan dan manajemen kunci,                                                           through payment channel, employee and key management loans,
                  dan lain-lain.                                                                                                                                                                    and others.




                                                                                     Halaman - 5/120 - Page
Page 604
                                                                     PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                                                                          NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                                                                       31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                                                     (Expressed in millions of Rupiah, unless otherwise stated)


30. MANAJEMEN RISIKO KEUANGAN (lanjutan)                                                                            30. FINANCIAL RISK MANAGEMENT (continued)

     (iii) Risiko tingkat bunga (lanjutan)                                                                               (iii) Interest rate risk (continued)

          Tabel di bawah ini menyajikan aset dan liabilitas                                                                         The table below summarises the Company’s
          keuangan berbunga Perseroan pada nilai                                                                                    interest earning assets and interest bearing
          tercatat, yang dikategorikan menurut mana yang                                                                            liabilities at carrying amounts, categorised by the
          terlebih dahulu antara tanggal perubahan bunga                                                                            earlier of contractual repricing interest or maturity
          secara kontraktual atau tanggal jatuh tempo:                                                                              dates: (continued)
          (lanjutan)
                                                                                                   31 Desember/December 2024
                                                                                                                         Bunga tetap/
                                                        Variabel/Variable                                             Fixed interest rate
                                       Kurang                                        Lebih           Kurang                                           Lebih
                                         dari                                          dari             dari                                            dari
                                     satu tahun/                                    3 tahun/       satu tahun/                                       3 tahun/           Tidak dikenakan
                                        Less             1-2            2-3           Over             Less          1-2              2-3              Over                 bunga/
                                        than           tahun/         tahun/          than             than        tahun/           tahun/             than                   Non            Jumlah/
                                      one year          years          years        3 years         one year        years            years           3 years            interest bearing      Total

          ASET                                                                                                                                                                                                           ASSETS
                                                                                                                                                                                                                   Cash and cash
          Kas dan setara kas               304,180              -              -               -               -               -                -                   -                   -        304,180          equivalents
          Piutang pembiayaan                                                                                                                                                                                   Consumer financing
               konsumen                            -            -              -               -      24,953,716      13,930,263        3,734,160        167,276                       -       42,785,415         receivables
          Piutang lain-lain*)                      -            -              -               -               -               -                -              -                 207,053          207,053       Other receivables*)
          Aset derivatif                           -            -              -               -               -               -                -              -                 197,590          197,590        Derivative assets
          Jumlah aset
               keuangan                    304,180              -              -               -      24,953,716      13,930,263        3,734,160        167,276                 404,643       43,494,238      Total financial assets

          Penyisihan kerugian                                                                                                                                                                              Allowance for impairment
              penurunan nilai                                                                                                                                                                  (2,883,115)               losses

          Jumlah                                                                                                                                                                               40,611,123                        Total


          LIABILITAS                                                                                                                                                                                                   LIABILITIES

          Utang penyalur
                kendaraan                          -            -              -               -               -               -                -                   -            170,339         170,339           Dealer payable
          Utang lain-lain                          -            -              -               -               -               -                -                   -            212,083         212,083          Others payables
          Utang                                                                                                                                                                                                         Insurance
                premi asuransi                     -            -              -               -               -               -                -                   -            505,821         505,821     premium payable
          Akrual                                   -            -              -               -               -               -                -                   -            533,044         533,044                  Accruals
          Pinjaman                                                                                                                                                                                                    Borrowings
                - Rupiah                         -              -             -                -      10,432,872       4,078,595        1,961,273                   -                   -      16,472,740          Rupiah -
                - Dolar AS               3,153,218      2,262,680       847,564                -               -               -                -                   -                   -       6,263,462        US Dollar -
          Surat berharga
                yang diterbitkan                   -            -              -               -       3,841,096       2,645,430        2,133,957                   -                  -        8,620,483         Securities issued
          Liabilitas derivatif                     -            -              -               -               -               -                -                   -              6,398            6,398        Derivative liabilities
          Jumlah liabilitas                                                                                                                                                                                           Total financial
                keuangan                 3,153,218      2,262,680       847,564                -      14,273,968       6,724,025        4,095,230                   -           1,427,685      32,784,370             liabilities

                                         (2,849,038)   (2,262,680)      (847,564)              -      10,679,748       7,206,238         (361,070)       167,276               (1,023,042)     10,709,868

          Derivatif                      3,153,218      2,262,680       847,564                -      (3,153,218)     (2,262,680)        (847,564)              -                       -               -                  Derivative

          Jumlah gap                                                                                                                                                                                                    Total interest
               repricing bunga             304,180              -              -               -       7,526,530       4,943,558       (1,208,634)       167,276               (1,023,042)     10,709,868         repricing gap
          Posisi neto setelah                                                                                                                                                                                    Net position, net of
               penyisihan kerugian                                                                                                                                                                                allowance for
               penurunan nilai                                                                                                                                                                  7,826,754        impairment losses


          *)
               Terdiri dari piutang asuransi kredit, pembayaran konsumen                                                              Consists of credit insurance receivable, settlement of debtors’ payment *)
                melalui payment channel, pinjaman karyawan dan manajemen kunci,                                                         through payment channel, employee and key management loans,
                dan lain-lain.                                                                                                                                                                  and others.


          Sensitivitas terhadap laba bersih                                                                                         Sensitivity to net income

          Aset keuangan utama Perseroan menggunakan                                                                                 The Company's financial assets use fixed
          suku bunga tetap. Perseroan memiliki beberapa                                                                             interest rate. The Company has several bank
          pinjaman bank yang dikenakan suku bunga                                                                                   loans which bear floating interest rate however
          mengambang akan tetapi pinjaman-pinjaman ini                                                                              these loans have been economically hedged by
          telah dilakukan lindung nilai secara ekonomis                                                                             using interest rate swap contracts and thus have
          dengan kontrak swap suku bunga sehingga                                                                                   been changed to become fixed interest rate
          berubah menjadi liabilitas dengan suku bunga                                                                              liabilities. Therefore, the Company’s net income
          tetap. Oleh karena itu laba bersih Perseroan                                                                              are not significantly affected by changes in
          tidak terpengaruh signifikan oleh perubahan                                                                               interest rate that was reasonably possible at that
          suku bunga yang mungkin terjadi pada tanggal                                                                              date.
          tersebut.

     (iv) Risiko likuiditas                                                                                              (iv) Liquidity risk

          Risiko likuiditas timbul jika Perseroan mengalami                                                                         Liquidity risk arises in situations where the
          kesulitan      dalam       mendapatkan    sumber                                                                          Company has difficulties in obtaining funding.
          pendanaan. Risiko likuiditas dapat juga timbul                                                                            Liquidity risk also arises from situations in which
          akibat ketidaksesuaian atas jangka waktu                                                                                  the Company has a mismatch between the
          sumber dana yang dimiliki dengan jangka waktu                                                                             maturity of its fundings and the maturity of its
          pembiayaan.                                                                                                               consumer financing receivables.


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                                               PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                                         31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                      (Expressed in millions of Rupiah, unless otherwise stated)


30. MANAJEMEN RISIKO KEUANGAN (lanjutan)                                                30. FINANCIAL RISK MANAGEMENT (continued)
     (iv) Risiko likuiditas (lanjutan)                                                      (iv) Liquidity risk (continued)

          Manajemen yakin akan kemampuan Perseroan                                                 Management is confident in the Company’s
          untuk mengendalikan dan memelihara eksposur                                              ability to continue to control and sustain minimal
          risiko likuiditas berdasarkan hal-hal sebagai                                            exposure of liquidity risk to the Company based
          berikut:                                                                                 on the following:

          -     Menyelaraskan sumber pendanaan yang                                                -       Source of fund alignment to the financing
                sesuai dengan jangka waktu pembiayaan.                                                     period.
          -     Perseroan menelaah struktur laporan posisi                                         -       The Company evaluates and reviews its
                keuangan dan melakukan analisis serta                                                      statements of financial position structure, by
                pengukuran risiko likuiditas secara berkala                                                periodically analysing and measuring liquidity
                berdasarkan Pedoman Pengendalian Intern                                                    risk based on its Internal Control Manual and
                Perusahaan dan Pedoman Pengelolaan Aset                                                    Assets Liabilities Management Guideline
                dan Liabilitas dari pemegang saham.                                                        from shareholders.

          Tabel jatuh tempo berikut ini menyajikan                                                The maturity tables below provide information
          informasi mengenai perkiraan jatuh tempo dari                                           about maturities on contractual undiscounted
          liabilitas sesuai arus kas kontraktual yang tidak                                       cash flows of liabilities on 31 December 2025 and
          didiskontokan pada tanggal 31 Desember 2025                                             2024:
          dan 2024:
                                                                         31 Desember/December 2025
                                                                                                                                  Tidak mempunyai
                                                      Kurang dari 1                                             Lebih dari          kontrak jatuh
                                                         tahun/                                                  3 tahun/             tempo/No
                                     Jumlah/           Less than         1 - 2 tahun/       2 - 3 tahun/        Over than            contractual
                                      Total              1 year              years              years            3 years               maturity

          LIABILITAS                                                                                                                                         LIABILITIES
          Utang penyalur kendaraan        129,832            129,832                    -                   -                 -                    -      Dealers payable
          Utang lain-lain                 217,535            217,535                    -                   -                 -                    -       Other payables
                                                                                                                                                       Insurance premium
          Utang premi asuransi            585,445            474,987            108,589               1,781                  88                -              payable
          Akrual                          575,866            575,866                  -                   -                   -                    -             Accruals
          Pinjaman                     24,729,091         16,137,589          6,400,246           2,191,256                   -                    -           Borrowings
          Surat berharga yang
            diterbitkan                                                                                                                                  Securities issued
          - Obligasi                   10,273,447          5,866,495          2,135,591           2,271,361                   -                    -              Bonds -

          Jumlah liabilitas            36,511,216         23,402,304          8,644,426           4,464,398                  88                    -        Total liabilities

          Derivatif                                                                                                                                             Derivative
          Arus masuk                     9,025,919          5,054,179         2,852,940           1,118,800                   -                    -               In flow
          Arus keluar                   (7,247,017)        (3,382,251)       (2,767,135)         (1,097,631)                  -                    -             Out flow

          Derivatif - bersih            1,778,902          1,671,928             85,805                21,169                 -                    -      Derivative - net

                                                                         31 Desember/December 2024
                                                                                                                                  Tidak mempunyai
                                                      Kurang dari 1                                             Lebih dari          kontrak jatuh
                                                         tahun/                                                  3 tahun/             tempo/No
                                     Jumlah/           Less than         1 - 2 tahun/       2 - 3 tahun/        Over than            contractual
                                      Total              1 year              years              years            3 years               maturity

          LIABILITAS                                                                                                                                         LIABILITIES
          Utang penyalur kendaraan        170,339            170,339                    -                   -                 -                    -      Dealers payable
          Utang lain-lain                 212,083            212,083                    -                   -                 -                    -       Other payables
                                                                                                                                                       Insurance premium
          Utang premi asuransi            505,821            421,313             82,615               1,797                  96                    -          payable
          Akrual                          533,044            533,044                  -                   -                   -                    -             Accruals
          Pinjaman                     22,736,202         13,586,090          6,341,275           2,808,837                   -                    -           Borrowings
          Surat berharga yang
            diterbitkan                                                                                                                                  Securities issued
          - Obligasi                    8,620,483          3,841,096          2,645,430           2,133,957                   -                    -              Bonds -

          Jumlah liabilitas            32,777,972         18,763,965          9,069,320           4,944,591                  96                    -        Total liabilities

          Derivatif                                                                                                                                             Derivative
          Arus masuk                     6,289,711          3,165,058         2,262,680             861,973                   -                    -               In flow
          Arus keluar                   (6,091,384)        (3,032,515)       (2,210,392)           (848,477)                  -                    -             Out flow

          Derivatif - bersih              198,327            132,543             52,288                13,496                 -                    -      Derivative - net




                                                               Halaman - 5/122 - Page
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                                               PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                                NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                             31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                               (Expressed in millions of Rupiah, unless otherwise stated)


30. MANAJEMEN RISIKO KEUANGAN (lanjutan)                                     30. FINANCIAL RISK MANAGEMENT (continued)

     (v) Nilai wajar aset dan liabilitas keuangan                                    (v) Fair value of financial assets and liabilities

         Nilai wajar adalah harga yang akan diterima                                     Fair value is the price that would be received to
         untuk menjual suatu aset atau harga yang akan                                   sell an asset or paid to transfer a liability in an
         dibayar untuk mengalihkan suatu liabilitas dalam                                orderly transaction between market participants
         transaksi teratur antara pelaku pasar pada                                      at the measurement date in the principal market.
         tanggal pengukuran di pasar utama.

         Untuk aset dan liabilitas keuangan yang diukur                                  For financial assets and liabilities measured at
         menggunakan nilai wajar, berikut ini adalah                                     fair value, the following are the hierarchy of the
         hierarki nilai wajar:                                                           fair values:

          a. Tingkat 1                                                                   a. Level 1
             Harga kuotasian (tidak disesuaikan) dalam                                      Quoted prices (unadjusted) in active markets
             pasar aktif untuk aset atau liabilitas yang                                    for identical assets or liabilities;
             identik;

          b. Tingkat 2                                                                   b. Level 2
             Input selain harga kuotasian yang termasuk                                     Inputs other than quoted prices included
             dalam tingkat 1 yang dapat diobservasi untuk                                   within level 1 that are observable for the
             aset atau liabilitas, baik secara langsung                                     assets or liabilities, either directly (that is, as
             (misalnya harga) maupun tidak langsung                                         prices) or indirectly (that is, derived from
             (misalnya derivasi harga); dan                                                 prices); and

          c. Tingkat 3                                                                   c. Level 3
             Input untuk aset atau liabilitas yang bukan                                    Inputs for the assets or liabilities that are not
             berdasarkan data pasar yang dapat                                              based     on    observable        market     data
             diobservasi (input yang tidak dapat                                            (unobservable inputs).
             diobservasi).

          Tabel berikut menyajikan informasi aset dan                                   The table below shows the Company’s asset and
          liabilitas yang diukur sebesar nilai wajarnya pada                            liability that are measured at fair value as at
          tanggal 31 Desember 2025 dan 2024                                             31 December 2025 and 2024 based on fair value
          berdasarkan hierarki nilai wajar:                                             hierarchy:
                                                               31 Desember/December 2025
                                    Nilai tercatat/
                                      Carrying        Tingkat 1/       Tingkat 2/        Tingkat 3/       Nilai wajar/
                                        Value           Level1          Level 2           Level 3         Fair value

         Aset                                                                                                                                 Assets

         Aset derivatif                    148,858                 -       148,858                    -        148,858             Derivative assets

         Liabilitas                                                                                                                        Liabilities

         Liabilitas derivatif               25,954                 -        25,954                    -         25,954           Derivative liabilities

                                                               31 Desember/December 2024
                                    Nilai tercatat/
                                      Carrying        Tingkat 1/       Tingkat 2/        Tingkat 3/       Nilai wajar/
                                        Value           Level1          Level 2           Level 3         Fair value

         Aset                                                                                                                                 Assets

         Aset derivatif                    197,590                 -       197,590                    -        197,590             Derivative assets

         Liabilitas                                                                                                                        Liabilities

         Liabilitas derivatif                6,389                 -         6,389                    -           6,389          Derivative liabilities




                                                           Halaman - 5/123 - Page
Page 607
                                                       PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                                    NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                                 31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                   (Expressed in millions of Rupiah, unless otherwise stated)


30. MANAJEMEN RISIKO KEUANGAN (lanjutan)                                              30. FINANCIAL RISK MANAGEMENT (continued)

     (v) Nilai wajar aset dan liabilitas keuangan                                        (v) Fair value of financial assets and liabilities
         (lanjutan)                                                                          (continued)

          Tabel di bawah ini menggambarkan nilai tercatat                                     The table below sets out the carrying amounts
          dan nilai wajar dari aset dan liabilitas keuangan                                   and fair value of those financial assets and
          yang tidak disajikan pada nilai wajarnya di                                         liabilities not presented at their fair value in the
          laporan posisi keuangan Perseroan:                                                  Company’s statements of financial position:

                                                                       31 Desember/December 2025
                                                                    Nilai tercatat/   Nilai wajar/
                                                                   Carrying value      Fair value

          Aset keuangan:                                                                                                                     Financial assets:
          Kas dan setara kas                                                397,852           397,852                                  Cash and cash equivalent
          Piutang pembiayaan                                                                                                                Consumer financing
            konsumen                                                    46,958,874         45,442,131                                            receivables
          Piutang lain-lain*)                                              257,035            233,208                                        Other receivables*)

                                                                        47,613,761         46,073,191

          Liabilitas keuangan:                                                                                                             Financial liabilities:
          Utang penyalur kendaraan                                         129,832            129,832                                          Dealers payable
          Utang lain-lain                                                  217,535            217,535                                           Other payables
          Utang premi asuransi                                             585,445            585,445                              Insurance premium payables
          Akrual                                                           575,866            575,866                                                  Accruals
          Pinjaman                                                      24,729,091         20,959,560                                              Borrowings
          Surat berharga yang diterbitkan                                                                                                     Securities issued
            - Obligasi                                                  10,273,447         10,024,062                                                - Bonds

                                                                        36,511,216         32,492,300

                                                                       31 Desember/December 2024
                                                                    Nilai tercatat/   Nilai wajar/
                                                                   Carrying value      Fair value

          Aset keuangan:                                                                                                                     Financial assets:
          Kas dan setara kas                                                304,180           304,180                                  Cash and cash equivalent
          Piutang pembiayaan                                                                                                                Consumer financing
            konsumen                                                    39,902,300         38,592,925                                            receivables
          Piutang lain-lain*)                                              207,053            189,848                                        Other receivables*)

                                                                        40,413,533         39,086,953

          Liabilitas keuangan:                                                                                                             Financial liabilities:
          Utang penyalur kendaraan                                         170,339            170,339                                          Dealers payable
          Utang lain-lain                                                  212,083            212,083                                           Other payables
          Utang premi asuransi                                             505,821            498,874                              Insurance premium payables
          Akrual                                                           533,044            533,044                                                  Accruals
          Pinjaman                                                      22,736,202         19,033,812                                              Borrowings
          Surat berharga yang diterbitkan                                                                                                     Securities issued
            - Obligasi                                                    8,620,483         8,584,155                                                Bonds -

                                                                        32,777,972         29,032,307
          *)
               Terdiri dari piutang asuransi kredit, pembayaran konsumen                        Consists of credit insurance receivable, settlement of debtors’ payment *)
                  melalui payment channel, pinjaman karyawan dan manajemen kunci,                 through payment channel, employee and key management loans,
                  dan lain-lain.                                                                                                                          and others.




                                                                     Halaman - 5/124 - Page
Page 608
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                         31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                       (Expressed in millions of Rupiah, unless otherwise stated)


30. MANAJEMEN RISIKO KEUANGAN (lanjutan)                                 30. FINANCIAL RISK MANAGEMENT (continued)

     (v) Nilai wajar aset dan liabilitas keuangan                            (v) Fair value of financial assets and liabilities
         (lanjutan)                                                              (continued)

          a)   Kas dan setara kas                                                   a)    Cash and cash equivalents

               Estimasi nilai wajar dari kas dan setara kas                               The carrying amount of cash and cash
               adalah perkiraan jumlah nilai tercatatnya                                  equivalents are approximate of the
               dikarenakan sisa jatuh temponya di bawah                                   respective carrying amounts since the
               satu tahun sehingga nilai tercatat ini                                     maturity period are below one year
               merupakan perkiraan yang layak atas nilai                                  therefore the carrying amount is a
               wajar.                                                                     reasonable of fair value.

          b)   Piutang pembiayaan konsumen dan piutang                              b)    Consumer financing receivables and other
               lain-lain                                                                  receivables

               Portofolio kredit Perseroan secara umum                                    Generally, the Company’s portfolio consists
               terdiri dari piutang pembiayaan konsumen                                   of consumer financing receivables and net
               dan piutang lain-lain. Piutang pembiayaan                                  investment in finance lease. Consumer
               konsumen dan piutang lain-lain dinyatakan                                  financing receivables and other receivables
               berdasarkan amortised cost.                                                are stated at amortised cost.

               Nilai wajar dari piutang pembiayaan                                        The fair value of consumer financing
               konsumen - bersih dan piutang lain-lain                                    receivables - net and other receivables are
               diestimasi menggunakan diskonto arus kas,                                  estimated by using discounted cash flows
               dengan mengacu pada rata-rata tertimbang                                   applying weighted average market rates
               dari tingkat suku bunga pasar yang                                         offered by the Company at statements of
               diberikan Perseroan untuk aset keuangan                                    financial position date for financial assets
               yang memiliki karakteristik yang sama
                                                                                          that have similar characteristics with the
               dengan aset keuangan tersebut pada
               tanggal laporan posisi keuangan (tingkat 3 -                               above mentioned financial assets (level 3 -
               hierarki nilai wajar).                                                     fair value hierarchy).

          c)   Pinjaman                                                             c)    Borrowing

               Nilai    wajar      dari     pinjaman    dinilai                           The fair value of borrowing are estimated by
               menggunakan           diskonto      arus   kas                             using discounted cash flows applying the
               berdasarkan tingkat suku bunga efektif yang                                effective interest rate charged by the
               dikenakan pada pemakaian terakhir dalam                                    lenders for the last utilisation in each
               mata uang masing-masing pinjaman                                           currency borrowings (level 2 - fair value
               (tingkat 2 - hierarki nilai wajar).                                        hierarchy).

          d)   Surat berharga yang diterbitkan                                      d)    Securities issued

               Nilai wajar obligasi diestimasi menggunakan                                The fair value of bonds are estimated by
               nilai kuotasi pasar terakhir (tingkat 2 -                                  using the last quoted market price (level 2 -
               hierarki nilai wajar).                                                     fair value hierarchy).

          e)   Utang penyalur kendaraan, utang lain-lain                            e)   Dealer payables,      other   payables     and
               dan akrual                                                                accruals
               Estimasi     nilai wajar utang penyalur                                   For estimated fair value of dealers payables,
               kendaraan, utang lain-lain dan akrual                                     other payables and accruals, since the
               dikarenakan jatuh temponya di bawah satu                                  maturity is below one year, the carrying
               tahun, nilai tercatat merupakan perkiraan                                 value is a reasonable approximation of fair
               yang layak atas nilai wajarnya.                                           value.

          f)   Utang premi asuransi                                                 f)   Insurance premium payables

               Nilai wajar dari utang premi asuransi dinilai                              Fair value of insurance premium payables
               menggunakan diskonto arus kas (tingkat 2 -                                 are estimated by using discounted cash flow
               hierarki nilai wajar).                                                     (level 2 - fair value hierarchy).



                                                           Halaman - 5/125 - Page
Page 609
                                                  PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                                   NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                                31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                  (Expressed in millions of Rupiah, unless otherwise stated)


30. MANAJEMEN RISIKO KEUANGAN (lanjutan)                                        30. FINANCIAL RISK MANAGEMENT (continued)

     (vi) Manajemen Risiko Permodalan                                                (vi) Capital Risk Management

           Tujuan       Perseroan   dalam       mengelola                                   The Company’s objectives when managing
           permodalannya adalah menjaga kelangsungan                                        capital are to safeguard the Company’s ability to
           usaha Perseroan untuk dapat memberikan hasil                                     continue as a going concern in order to provide
           kepada pemegang saham dan manfaat kepada                                         returns for shareholders and benefits for other
           pemangku kepentingan lainnya, dan memelihara                                     stakeholders and to maintain an optimal capital
           optimalisasi    struktur permodalan       untuk                                  structure to reduce the cost of capital.
           mengurangi biaya modal (cost of capital).

           Dalam rangka memelihara atau menyesuaikan                                        In order to maintain or adjust the capital structure,
           struktur  permodalan,    Perseroan    dapat                                      the Company may adjust the amount of
           menyesuaikan jumlah dividen yang dibayarkan                                      dividends paid to shareholders, return capital to
           kepada pemegang saham, imbalan hasil modal                                       shareholders or issue new shares to reduce debt.
           kepada pemegang saham atau menerbitkan
           saham baru untuk mengurangi pinjaman.
           Konsisten dengan pelaku industri lainnya,                                        Consistent with others in the industry, the
           Perseroan memonitor permodalan berdasarkan                                       Company monitors capital on the basis of the
           gearing ratio. Rasio ini dihitung dari nilai bersih                              gearing ratio. This ratio is calculated as net debt
           pinjaman (termasuk obligasi dan medium term                                      (including bonds payable and medium term
           notes) dibagi dengan jumlah modal. Jumlah                                        notes) divided by total capital. Total capital
           modal diambil dari ekuitas yang tercantum                                        consist of equity as shown in the statements of
           dalam laporan posisi keuangan. Berdasarkan                                       financial position. Based on the prevailing
           peraturan yang berlaku, jumlah maksimum                                          regulation, the maximum gearing ratio is 10 times
           gearing ratio adalah sebesar 10 kali dari total                                  from total capital.
           modal.


31. REKONSILIASI                 AKTIVITAS             PENDANAAN                31. NET FINANCING ACTIVITIES RECONCILIATION
    BERSIH
     Rekonsiliasi dari aktivitas pendanaan adalah sebagai                            Reconciliation from financing activities are as follows:
     berikut:
                                                                   31 Desember/December 2025
                                                                                Perubahan non kas/
                                                                                 Non-cash changes
                                                                           Pergerakan
                                                                          valuta asing/
                                      Saldo awal/                         Movement of
                                      Beginning            Arus kas/         foreign         Lain-lain/            Saldo akhir/
                                       balance             Cashflow        exchange *)        Others              Ending balance
     Pinjaman                             22,736,202           1,901,936          92,850                (1,897)          24,729,091               Borrowings
     Liabilitas sewa                         138,556              77,586               -               (51,064)             165,078            Lease liabilities
     Surat berharga
        yang diterbitkan                   8,620,483           1,639,487          11,265                 2,212           10,273,447          Securities issued

     Jumlah liabilitas dari                                                                                                                Total liabilities from
       aktivitas pendanaan                31,495,241           3,619,009         104,115               (50,749)          35,167,616       financing activities

                                                                   31 Desember/December 2024
                                                                                Perubahan non kas/
                                                                                 Non-cash changes
                                                                           Pergerakan
                                                                          valuta asing/
                                      Saldo awal/                         Movement of
                                      Beginning            Arus kas/         foreign         Lain-lain/            Saldo akhir/
                                       balance             Cashflow        exchange *)        Others              Ending balance
     Pinjaman                             17,171,913           5,541,028          29,524                (6,263)          22,736,202               Borrowings
     Liabilitas sewa                         105,143              73,497               -               (40,084)             138,556            Lease liabilities
     Surat berharga
        yang diterbitkan                   8,215,088             391,741          10,999                 2,655            8,620,483          Securities issued

     Jumlah liabilitas dari                                                                                                                Total liabilities from
       aktivitas pendanaan                25,492,144           6,006,266          40,523               (43,692)          31,495,241       financing activities

     *)   Perseroan telah menerapkan kebijakan lindung nilai untuk pinjaman          *)     The Company have applied hedging policy to borrowings
          yang diterima dalam mata uang asing dan memiliki tingkat suku                     denominated in foreign currencies with floating interest rates (see
          bunga mengambang (lihat Catatan 16).                                              Note 16).




                                                                Halaman - 5/126 - Page
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                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                       31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                         (Expressed in millions of Rupiah, unless otherwise stated)


32. SALING HAPUS                                                         32. OFFSETTING

     Pada tanggal 31 Desember 2025 dan 2024, tidak                           As at 31 December 2025 and 2024, there is no
     terdapat aset dan liabilitas keuangan yang saling                       financial assets and liabilities that are subject to
     hapus pada laporan posisi keuangan.                                     offsetting in the statements of financial position.

     Perseroan memiliki aset dan liabilitas keuangan                         The Company has derivative assets and liabilities
     derivatif yang tunduk pada perjanjian induk untuk                       that are subject to enforceable master netting
     menyelesaikan secara neto, dimana perjanjian                            arrangements whereas the agreement between the
     antara     Perseroan     dan     pihak counterparty                     Company and the counterparty allows for net
     memperbolehkan penyelesaian neto atas aset dan                          settlement of the relevant financial assets and
     liabilitas keuangan tersebut ketika kedua pihak                         liabilities when both elect to settle on a net basis.
     memilih untuk menyelesaikan dengan dasar neto.                          Otherwise, financial assets and liabilities will be
     Ketika kedua pihak tidak memilih untuk                                  settled on a gross basis. However, each party to the
     menyelesaikan secara neto, aset dan liabilitas                          master netting agreement will have the option to
     keuangan diselesaikan dengan dasar bruto, akan                          settle such amount on a net basis in the event of
     tetapi masing-masing pihak dalam perjanjian induk                       default of the other party.
     mempunyai opsi untuk menyelesaikan jumlah-jumlah
     tersebut dengan dasar neto pada peristiwa di mana
     terjadi gagal bayar salah satu pihak.


33. STANDAR AKUNTANSI BARU YANG TELAH                                    33. ACCOUNTING STANDARD ISSUED BUT NOT
    DISAHKAN NAMUN BELUM BERLAKU EFEKTIF                                     YET EFFECTIVE

     Dewan Standar Akuntansi Keuangan Ikatan Akuntan                         Financial Accounting Standard Board of Indonesian
     Indonesia (“DSAK-IAI”) telah menerbitkan standar                        Institute of Accountants (“DSAK-IAI”) has issued the
     baru, amendemen dan interpretasi berikut, namun                         following new standards, amendments and
     belum berlaku efektif untuk tahun buku yang dimulai                     interpretations, but not yet effective for the financial
     pada 1 Januari 2025 sebagai berikut:                                    year beginning 1 January 2025 as follows:

     -    Amendemen PSAK 109 “Instrumen Keuangan”;                           -      Amendment of SFAS 109 “Financial Instrument”;
          Amendemen PSAK 107 “Instrumen Keuangan:                            -      Amendment of SFAS 107 “Financial Instrument:
          Pengungkapan”; dan                                                        Disclosure”; and
     -    PSAK 338 ”Kombinasi Bisnis Entitas Sepengendali”                   -      SFAS 338: “Business Combinations of Entities
          (Revisi 2025).                                                            Under Common Control” (Revised 2025).

     Standar tersebut akan berlaku efektif pada                              The above standard will be effective                       on
     1    Januari   2026  dan   penerapan   dini                             1 January 2026 and early adoption is permitted.
     diperbolehkan.

     -    PSAK 413 “Penurunan Nilai”; dan                                    -      SFAS 413 “Impairment”; and
     -    PSAK 118 “Penyajian dan Pengungkapan dalam                         -      SFAS 118 “Presentation and Disclosure in
          Laporan Keuangan” yang akan menggantikan                                  Financial Statements” which will replace SFAS 201
          PSAK 201 “Penyajian Laporan Keuangan”                                     “Presentation in Financial Statements”

     Standar tersebut akan berlaku efektif pada 1 Januari                    The above standards will be effective on 1 January 2027
     2027 dan penerapan dini diperbolehkan.                                  and early adoption is permitted..




                                                           Halaman - 5/127 - Page
Page 611
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                     31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                       (Expressed in millions of Rupiah, unless otherwise stated)


33. STANDAR AKUNTANSI BARU YANG TELAH                                    33. ACCOUNTING STANDARD ISSUED BUT NOT
    DISAHKAN NAMUN BELUM BERLAKU EFEKTIF                                     YET EFFECTIVE (continued)
    (lanjutan)

     Dewan Standar Akuntansi Keuangan Ikatan Akuntan                         Financial Accounting Standard Board of Indonesian
     Indonesia (“DSAK-IAI”) telah menerbitkan standar                        Institute of Accountants (“DSAK-IAI”) has issued the
     baru, amendemen dan interpretasi berikut, namun                         following new standards, amendments and
     belum berlaku efektif untuk tahun buku yang dimulai                     interpretations, but not yet effective for the financial
     pada 1 Januari 2025 sebagai berikut: (lanjutan)                         year beginning 1 January 2025 as follows:
                                                                             (continued)

     PSAK 118 “Penyajian dan Pengungkapan dalam                              SFAS 118 “Presentation and Disclosure in Financial
     Laporan Keuangan”                                                       Statements”

     PSAK       118      menggantikan     PSAK      201,                     SFAS 118 supersedes SFAS 201, retaining many
     mempertahankan banyak prinsip yang ada tetapi                           existing principles but significantly changing how
     secara signifikan mengubah cara entitas melaporkan                      entities report “operating profit or loss.” It establishes
     “laba atau rugi operasional.” PSAK ini menetapkan                       a defined structure for the statement of profit or loss,
     struktur yang jelas untuk laporan laba rugi dengan                      categorising items into operating, investing, financing,
     mengelompokkan pos-pos ke dalam kategori                                income taxes and discontinued operations. The
     operasi, investasi, pembiayaan, pajak penghasilan,                      standard mandates specific disclosures, including
     dan operasi yang dihentikan. Standar ini mewajibkan                     management-defined         performance          measures
     pengungkapan tertentu, termasuk ukuran kinerja                          (MPMs),      allowing    investors      to     understand
     tetapan manajemen (UKTM), yang memungkinkan                             management's view of the Company's financial
     investor    memahami       bagaimana     pandangan                      performance and how these measures compare to
     manajemen atas kinerja keuangan Perseroan dan                           those defined in SFAS 118.
     bagaimana ukuran tersebut dibandingkan dengan
     ukuran yang didefinisikan dalam PSAK 118.

     Meskipun PSAK 118 tidak memengaruhi pengakuan                           Even though SFAS 118 will not impact the
     atau pengukuran pos-pos dalam laporan keuangan,                         recognition or measurement of items in the financial
     dampaknya terhadap penyajian dan pengungkapan                           statements, its impacts on presentation and
     diperkirakan akan sangat luas, terutama yang                            disclosure are expected to be pervasive, in particular
     berkaitan dengan laporan kinerja keuangan dan                           those related to the statement of financial
     penyediaan UKTM dalam laporan keuangan.                                 performance and providing MPM within the financial
                                                                             statements.

     Pada saat penerbitan laporan keuangan, Perseroan                        As at the authorisation date of these financial
     masih mengevaluasi dampak yang mungkin timbul                           statements, the Company is still evaluating the
     dari penerapan standar baru tersebut serta                              potential impact from the implementation of these
     pengaruhnya pada laporan keuangan Perseroan.                            new standards and the effect on the Company’s
                                                                             financial statements.




                                                           Halaman - 5/128 - Page
Page 612
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                       31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                         (Expressed in millions of Rupiah, unless otherwise stated)


34. RASIO    KEUANGAN                        BERDASARKAN                    34. FINANCIAL  RATIOS               BASED           ON       OJK
    PERATURAN OJK                                                               REGULATION

     Berdasarkan POJK No. 35/POJK.05/2018 tanggal                              Based on POJK No. 35/POJK.05/2018 dated
     31 Desember 2018 tentang Penyelenggaraan Usaha                            31 December 2018 regarding the Organisation of
     Perusahaan Pembiayaan, Perseroan diharuskan                               Financial Company Business, the Company is
     untuk memenuhi sejumlah rasio keuangan tertentu.                          required to comply with several financial ratios. These
     Rasio keuangan tersebut dihitung berdasarkan POJK                         financial ratios are calculated based on POJK
     No. 35/POJK.05/2018 dan mungkin tidak sesuai                              No. 35/POJK.35/2018 and may not be consistent with
     dengan Standar Akuntansi Keuangan di Indonesia.                           Indonesian Financial Accounting Standards. The
     Berikut ini adalah beberapa rasio keuangan                                following are some of the financial ratios based on
     berdasarkan Peraturan OJK: (tidak diaudit)                                OJK Regulation: (unaudited)

                                                              2025             2024

     Rasio saldo piutang pembiayaan neto
       terhadap total aset                                       90.52%           87.18%               Net financing receivables to asset ratio

     Rasio saldo piutang pembiayaan neto
       terhadap total pendanaan yang diterima                   134.16%          127.25%             Net financing receivables to funding ratio

     Rasio saldo piutang pembiayaan neto                                                                           Net financing receivables for
       untuk pembiayaan investasi dan                                                                                       investment and
       modal kerja dibandingkan dengan                                                                         working capital financing to
       total saldo piutang pembiayaan                            13.77%           13.89%                   total financing receivables ratio

     Rasio piutang pembiayaan bermasalah (”NPF”)
       - neto                                                     0.20%             0.01%         Non-performing financing ratio (“NPF”) - net

     Rasio ekuitas terhadap modal disetor                     5,156.45%        4,381.06%                       Equity to paid-up capital ratio

     Rasio permodalan                                           31.68%            30.14%                                          Capital ratio

     Rasio utang terhadap modal Perseroan pada tanggal                         The Company’s gearing ratio as of 31 December
     31 Desember 2025 dan 2024 adalah masing-masing                            2025 and 2024 was 2.42 times and 2.56 times,
     sebesar 2,42 kali dan 2,56 kali (tidak diaudit).                          respectively (unaudited). The Company has complied
     Perseroan telah memenuhi semua ketentuan modal                            with all externally imposed capital requirements
     eksternal sepanjang tahun.                                                throughout the year.

                                                              2025             2024
     Pinjaman                                                                                                                            Debt
        - Pinjaman yang diterima                              24,729,091       22,736,202                                       Borrowings -
        - Surat berharga
              yang diterbitkan                                10,273,447        8,620,483                                 Securities issued -

     Jumlah pinjaman                                          35,002,538       31,356,685                                            Total Debt

     Jumlah modal                                             14,438,072       12,175,713                                         Total Capital

     Rasio utang terhadap modal                                      2.42             2.58                                       Gearing ratio




                                                           Halaman - 5/129 - Page
Page 613
                                            PT FEDERAL INTERNATIONAL FINANCE

CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024                                                                     31 DECEMBER 2025 AND 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                       (Expressed in millions of Rupiah, unless otherwise stated)


35. INFORMASI    KEUANGAN     TAMBAHAN                                   35. ADDITIONAL FINANCIAL INFORMATION BASED
    BERDASARKAN PERATURAN OJK                                                ON OJK REGULATION

     Informasi keuangan tambahan berikut yang disajikan                      The following additional financial information
     merupakan informasi Unit Usaha Syariah Perseroan                        presented is financial information of the Company’s
     yang disyaratkan oleh regulasi berdasarkan POJK                         Sharia Business Unit as required by regulations
     No. 46 Tahun 2024 tanggal 27 Desember 2024                              under POJK No. 46 of 2024 dated 27 December
     tentang Pengembangan dan Penguatan Perusahaan                           2024 regarding the Development and Strengthening
     Pembiayaan, Perusahaan Pembiayaan Infrastruktur,                        of Finance Companies, Infrastructure Finance
     dan Perusahaan Modal Ventura.                                           Companies, and Venture Capital Companies.

     Informasi keuangan Unit Usaha Syariah Perseroan                         Financial information of the Company’s Sharia
     untuk tahun-tahun yang berakhir pada tanggal                            Business Unit for the years ended 31 December
     31 Desember 2025 dan 2024 adalah sebagai berikut:                       2025 and 2024 are as follows: (unaudited)
     (tidak diaudit)
                                                       2025                2024

     Laporan posisi keuangan:                                                                            Statements of financial position:

     Jumlah aset                                           7,847,845         6,498,800                                       Total assets
     Jumlah liabilitas                                     2,946,318         3,152,301                                     Total liabilities
     Jumlah ekuitas                                        4,901,527         3,346,499                                       Total equity

     Laporan laba rugi dan penghasilan                                                              Statements of profit or loss and other
        komprehensif lain:                                                                                   comprehensive income:

     Jumlah hasil                                           3,087,027        2,881,069                                      Total income
     Jumlah beban                                          (1,093,401)        (833,328)                                  Total expenses
     Laba bersih sebelum pajak                             1,993,626         2,047,741                             Net income before tax
     Laba bersih setelah pajak                             1,555,028         1,597,238                               Net income after tax




                                                           Halaman - 5/130 - Page
Page 614
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Page 615

          
Page 616
2025
Laporan Tahunan
Annual Report




ONE FIFGROUP
TO BE THE ONE




Menara FIF
Jl. T.B. Simatupang Kav. 15 Cilandak,
Jakarta Selatan 12440 Indonesia
   +62 21 7698899
   halofif@fifgroup.astra.co.id

  www.fifgroup.co.id

File

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Names mentioned 143 people and organisations named in the text · linked when the evidence is strong

linked org PT Federal International Finance · Director p.2 ×361
linked org International Finance p.4 ×21
linked person Sri Harjati p.20 ×20
linked person Daniel Hartono p.24 ×7
linked person Suparno Djasmin · Presiden Komisaris p.49 ×4
linked person Bapak Gede Harja Wasistha · Komisaris Independen p.49 ×3
linked person Margono Tanuwijaya · Komisaris Independen p.49 ×16
linked person Thomas Junaidi Alim Wijaya · Komisaris p.49 ×10
linked person Setia Budi p.63 ×5
linked person Indra Gunawan p.65 ×4
linked person Valentina Chai Wei Li p.65 ×4
linked org Astra International Tbk p.70 ×60
linked org Tigaraksa Satria Tbk p.102 ×5
linked org PT Astra Sedaya Finance p.102 ×54
linked org Dana Pensiun p.107 ×4
linked org PT Charoen Pokphand p.110 ×2
linked org PT Trimegah Sekuritas p.110 ×3
linked org Astra Agro Lestari Tbk p.110 ×2
linked org United Tractors Tbk p.112 ×5
linked org PT Pamapersada Nusantara p.112 ×3
linked org Astra Otoparts Tbk p.116 ×5
possible org International Tbk. p.19 ×6
possible person Siswadi · President Director p.21 ×5
possible person Rudy · Presiden Komisaris p.49 ×5
possible org Otoritas Jasa Keuangan p.54 ×5
possible org Bursa Efek Indonesia p.69
possible person Ahmad Yani p.84
possible person Slamet Riyadi p.86
possible person H. Mohd Hasan p.88
possible person Dr. Soetomo p.89
possible person KH. Agus Salim p.95
unresolved org PT Federal p.4 ×14
unresolved — dan/atau Pengendali p.4
unresolved org PT Federal International Finance Annual Report Year p.4 ×3
unresolved person Roadmap Penerapan GCG · Komisaris p.5
unresolved org Indonesia Stock Exchange p.17 ×3
unresolved org PT Pemeringkat Efek p.18
unresolved org PT Pemeringkat Efek Indonesia p.18 ×2
unresolved org PT Fitch Ratings Indonesia p.18 ×3
unresolved org PT Astra p.19 ×11
unresolved org PT Astra Engagement Initiatives. p.19
unresolved org Bank Financial Forum p.33 ×2
unresolved org Bank Financial Forum FIFGROUP p.33
unresolved org PT Astra Multi Multi Finance p.33
unresolved org PT Sharia Multifinance Astra p.33 ×8
unresolved org Honda Racing Corporation p.34 ×2
unresolved org Bank Indonesia p.44
unresolved org Financial Services Authority p.54 ×4
unresolved org PT Federal International Finance Board p.64 ×2
unresolved person Noegroho · Presiden Komisaris p.64 ×2
unresolved org PT Mitrapusaka Artha Finance p.68 ×9
unresolved org Menteri Kehakiman Republik Indonesia No. C p.68
unresolved org PT Federal International Company Brand p.68
unresolved org Menteri Kehakiman Republik Indonesia FIFGROUP p.68
unresolved org Ministry of Justice No. C p.68
unresolved org PT Federal Pembiayaan p.68
unresolved org Ministry of Justice p.68
unresolved org PT Mitrapusaka p.68 ×2
unresolved org PT Federal Internasional Finance. p.68
unresolved org Astra Internasional Tbk p.69 ×2
unresolved org PT Arya Kharisma p.69 ×2
unresolved org PT Mitrapusaka Artha Finance. Since p.70
unresolved person Rukmasanti Hardjasatya p.72 ×2
unresolved org Minister of Justice p.72 ×2
unresolved org PT Federal International Finance Sebagai p.72
unresolved org PT Federal International Finance. This Federal International Finance. p.72
unresolved org Menteri Kehakiman Republik Indonesia p.72
unresolved org PT Mitrapusaka Artha p.74 ×3
unresolved person KH Abdul Halim p.85
unresolved person Prof. Moh. Yamin Rukan D’Vatulemo p.86 ×2
unresolved person Ir. Pangeran Haji Muhammad p.88
unresolved person KH Abdullah Bin Nuh p.89
unresolved person Ir. H. Juanda p.91 ×2
unresolved person KH. Harun Nafsi p.97
unresolved person R. Nunu Soetjahja Noegroho · Commissioner p.98 ×7
unresolved org PT Rapi Utama Indonesia p.100
unresolved org PT Astra Sedaya p.102 ×6
unresolved org PT Astra Finance p.102 ×3
unresolved org PT Astra Multi Finance p.103 ×13
unresolved org PT Astra Auto Finance p.103 ×4
unresolved org PT Swadharma Bhakti Sedaya p.103
unresolved org PT Swadharma Bhakti Sedaya Finance p.103
unresolved — Deputy Chief Executive · Direktur p.103 ×2
unresolved org PT Sedaya Pratama p.103 ×4
unresolved org PT Stacomitra Graha p.103 ×4
unresolved org PT Garda Era Sedaya p.103 ×2
unresolved org PT Matra Graha Sarana p.103 ×10
unresolved org PT Astra Digital Arta p.103 ×10
unresolved org PT Astra Kreasi Digital p.103 ×6
unresolved org PT Federal International p.104 ×9
unresolved org Federal International (2003–2005) | Finance p.104
unresolved org PT Federal Finance p.104
unresolved org PT Astra Welab Digital Arta p.104 ×8
unresolved org PT Astra Integrasi Digital p.104 ×6
unresolved org PT Federal International Career History p.105 ×3
unresolved org PT Asuransi Astra Buana p.107 ×7
unresolved org Dana Pensiun Astra Dua p.107 ×2
unresolved org Dana Pensiun Astra Satu p.107 ×2
unresolved org PT Asuransi Jiwa Astra p.107
unresolved org PT Sedaya Multi Investama p.108 ×4
unresolved — R.Nunu Soetjahja Noegroho · Komisaris Independen p.109
unresolved org PT Charoen Pokphand Career History p.110
unresolved org Indonesia Tbk p.110 ×2
unresolved org PT Inti Salim Corporation p.110 ×2
unresolved org Agro Lestari Tbk p.110
unresolved org PT Agro Menara Rachmat p.110 ×2
unresolved org PT Bhadra Cemerlang p.110 ×2
unresolved org PT Bhadra Sukses p.110 ×2
unresolved org PT Cakradenta Agung Pertiwi p.110 ×2
unresolved org PT Cakung Permata Nusa p.110 ×2
unresolved org PT Cipta Narada Lestari p.110 ×2
unresolved org PT Ekadura Indonesia p.110 ×2
unresolved org PT Eka Dura Perdana p.110 ×2
unresolved org PT Gunung Sejahtera Dua Indah p.110 ×2
unresolved org PT Gunung Sejahtera Ibu Pertiwi p.110 ×2
unresolved person Pertiwi p.110 ×2
unresolved org PT Toyota Astra Financial p.112 ×2
unresolved org PT Toyota Astra Services p.112
unresolved org PT Menara Astra p.112 ×2
unresolved org PT Astra Daihatsu Motor p.112 ×2
unresolved org PT Toyota Astra Motor p.112 ×2
unresolved org PT Astra Tol Nusantara p.112 ×2
unresolved org PT Astra Nusa Perdana p.112 ×2
unresolved org PT Staco Estika Sedaya Finance p.114 ×2
unresolved org PT Toyota Astra p.114
unresolved org PT Toyota Astra Financial Services p.114
unresolved person Sertifikasi Dasar · Komisaris p.116
unresolved org PT Astra Honda p.116 ×3
unresolved org PT Astra Career History p.116
unresolved org PT Astra Honda Motor p.116 ×8
unresolved org PT Astra Auto Digital p.116 ×2
unresolved org PT Musashi Auto Parts Indonesia p.116 ×2
unresolved org PT Hitachi Astemo Bekasi Manufacturing p.116
unresolved org PT Hitachi Astemo Bekasi p.116
unresolved org PT Suryaraya Rubberindo p.116
unresolved org PT Suryaraya Rubberindo Industries p.116
unresolved org PT Asuransi Astra p.116 ×2
unresolved person Independensi · Komisaris Independen p.117
unresolved person Margono p.117
unresolved org PT Arya p.121
unresolved person Drs. Tjia Kian Tie. Astra p.122 ×2

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