20260915_BBTN_Public Expose_32148559_lamp2.pdf

b. Pertanyaan :
   Aldio Darmawan
   BTN menargetkan pertumbuhan kredit pada kisaran 8-10% year on year pada tahun ini, tapi hingga
   Juni 2026, pertumbuhan kredit telah mencapai 11,2% year on year dan apakah akan ada revisi target?
   Jawaban :
   BTN sampai dengan saat ini tidak merencanakan adanya revisi terhadap Rencana Bisnis Bank (RBB)
   yang telah dibuat sebelumnya. Terhadap realisasi pertumbuhan kredit yang meningkat pada tahun ini
   dikarenakan adanya akuisisi portofolio Kredit Pensiunan dari PT Bank SMBC Indonesia Tbk, sehingga
   pencapaian realisasi pertumbuhan kredit tetap didasarkan kepada RKAP awal dengan pertumbuhan
   sebesar 8% - 10%. BTN juga akan lebih selektif dalam penyaluran kredit dibeberapa segmen, dengan
   melihat pertumbuhan KPR terutama pada segmen MBR yang mengalami perlambatan sehingga dalam
   membuat target pertumbuhan kredit tidak akan melebihi tren yang terjadi pada industri perumahan.
   Dengan alasan itulah BTN tetap memasang pertumbuhan kredit pada kisaran 8% - 10%.
c. Pertanyaan :
   ⁠Weerada Chuncuansugkom
   Bagaimana progres terbaru spin-off UUS BTN menjadi BSN, dan sejauh mana konsolidasi ini berpotensi
   mempengaruhi efisiensi beban operasional (OPEX) serta kontribusi laba bersih terhadap grup BTN
   dalam jangka pendek hingga menengah?
   Jawaban :
   Melihat kinerja PT Bank Syariah Nasional (BSN) baik dari sisi laba, cost of fund (CoF) dan NPL masih
   menunjukkan kinerja yang cukup baik setelah dilakukan spin off. Dengan telah dilakukannya proses
   spin-off tersebut memberikan keleluasan kepada BSN untuk berkembang dan membuat produk-produk
   baru yang lebih luas dengan memanfaatkan ekosistem di segmen syariah, seperti melakukan kerja
   sama dengan Muhammdiyah dan NU yang mana segmen ini masih memiliki potensi market yang cukup
   besar untuk terus dikembangkan. Dampak efisiensi dari proses spin-off ini secara pelan-pelan juga akan
   menurunkan ratio BOPO dan cost income ratio BSN, di mana kedua ratio tersebut pada saat ini juga
   masih cukup baik sehingga kita akan terus melakukan monitoring sesuai dengan ketentuan dan
   berdasarkan pada kinerja keuangan BSN. Diharapkan setiap tahunnya BOPO dan cost income ratio
   BSN akan semakin turun dengan kenaikan skala ekonomi di bisnis syariah dan dapat dilihat bahwa
   pada saat ini dalam kurun waktu 1 tahun BSN sudah menjadi Bank Syariah nomor 2 di Indonesia.

4. DOKUMENTASI PELAKSANAAN PUBLIC EXPOSE

                                             REPORT
                                     ANNUAL PUBLIC EXPOSE 2026
                               PT BANK TABUNGAN NEGARA (PERSERO) Tbk

1. PUBLIC EXPOSE RESUME
   The 2026 Annual Public Expose of PT Bank Tabungan Negara (Persero) Tbk (Stock Code: BBTN) was
   held to comply with the Decree of the Board of Directors of the Indonesia Stock Exchange No. Kep-
   00087/BEI/12-2025 dated December 12, 2025, concerning Regulation Number I-E on the Obligation to
   Submit Information.
   The 2026 Annual Public Expose of PT Bank Tabungan Negara (Persero) Tbk was held virtually on
   Thursday, September 10, 2026, from 09:05 to 09:45 Western Indonesia Time (WIB), as part of the 2026
   Public Expose Live organized by the Indonesia Stock Exchange. The Public Expose commenced with a
   presentation on the Company's financial performance as of June 30, 2026, and the Company's strategic
   initiatives for 2026, delivered by the President Director and the Director of Treasury & International Banking,
   followed by a Press Conference attended by several media representatives.

2. PARTICIPANTS
  a. Management
      President Director, Mr. Nixon L.P. Napitupulu
      Director of Treasury & International Banking, Ms. Venda Yuniarti
      Director of Finance & Strategy, Mr. Adityo Kusumo*
      *) Effective upon obtaining the Financial Services Authority approval of the Fit and Proper Assessment.

  b. Moderator
      Mr. Deffid San Opel
  c. Attendees
      The 2026 Annual Public Expose of PT Bank Tabungan Negara (Persero) Tbk was attended by 189
      participants from retail and institutional investors. Meanwhile, the Press Conference was attended by 19
      participants. The complete attendance list as attached.

3. SUMMARY OF QUESTIONS AND ANSWERS
   a. Questions:
      Silvia Kosasih
      What is the target dividend payout ratio for next year? Will there be an interim dividend?
      Answer:
      In accordance with the Bank's Business Plan (RBB), PT Bank Tabungan Negara (Persero) Tbk (“BTN”)
      has set a target dividend payout ratio of 20%. However, the target dividend payout ratio for next year
      will be adjusted to align with the shareholders' aspirations, particularly as determined at the General
      Meeting of Shareholders. About the interim dividend, as of now, BTN has no plans to distribute an interim
      dividend. In addition, BTN has not distributed any interim dividends over the past five years.

b. Questions:
   Aldio Darmawan
   BTN targets loan growth of approximately 8%–10% year-on-year this year. However, as of June 2026,
   credit growth has reached 11.2% year-on-year. Will there be any revision to the target?
   Answer:
   As of now, BTN does not plan to revise the Bank's previously established Business Plan (RBB). The
   higher loan growth disbursement this year was primarily driven by the acquisition of the Pension Loan
   portfolio from PT Bank SMBC Indonesia Tbk. Therefore, the realized loan growth remains assessed
   against the initial RKAP target of 8%–10% growth. BTN will also be more selective in extending credit
   across several segments, taking into consideration the slowdown in mortgage growth, particularly in the
   MBR segment. Accordingly, in setting its loan growth target, BTN will ensure that the target does not
   exceed the prevailing trend in the housing industry. For these reasons, BTN continues to maintain its
   loan growth target at approximately 8%–10%.

c. Questions:
   ⁠Weerada Chuncuansugkom
   What is the latest progress on the spin-off of BTN's Sharia Business Unit (UUS) into BSN, and to what
   extent could this consolidation potentially affect operating expense (OPEX) efficiency and the
   contribution of net profit to the BTN Group in the short to medium term?
   Answer:
   PT Bank Syariah Nasional (BSN) has continued to demonstrate solid performance following the spin-
   off, particularly in terms of profitability, cost of funds (CoF), and non-performing loans (NPL). The
   completion of the spin-off provides BSN with greater flexibility to expand its business and develop a
   broader range of products by leveraging the ecosystem within the sharia banking segment. This includes
   establishing partnerships with organizations such as Muhammadiyah and Nahdlatul Ulama (NU), where
   the market segment still presents significant potential for further development. The efficiency impact of
   the spin-off process is also expected to gradually reduce BSN's BOPO ratio and cost-to-income ratio.
   Both ratios remain at relatively sound levels at present, and we will continue to monitor their development
   in accordance with applicable regulations and based on BSN's financial performance. We expect BSN's
   BOPO and cost-to-income ratios to continue declining each year as the sharia banking business
   achieves greater economies of scale. This is also reflected in BSN's current position, where, within just
   one year, BSN has become the second-largest sharia bank in Indonesia.

4. PUBLIC EXPOSE DOCUMENTATION