Skip to content
Back to announcement

20260209_BBTN_Laporan Informasi dan Fakta Material_32026440_lamp1.pdf

Other Text extracted BBTN

Source file signed link, expires in 15 minutes

This browser can't display the PDF inline. Open it in a new tab.

Extracted text 72

Page 1
FY25 Results                      Presentation
PT Bank Tabungan Negara (Persero) Tbk   .
Jakarta, 9 February 2026
Page 2
IMPORTANT : The following forms part of, and should be read in conjunction                                                with, the other material
in this presentation

This presentation contains privileged information and has been prepared solely for the recipient(s) . By accepting a copy (or the contents) of this
presentation, you are deemed to have acknowledged     and agreed to the provisions appearing hereinafter . The existence of this presentation and the
contents thereof should not be disclosed, reproduced, copied or otherwise disseminated to any other person or published, in whole or in part, without
prior consent of PT Bank Tabungan Negara (Persero) Tbk . (“BTN” or the “Company”) .

This presentation does not constitute or form part of any offer for sale or invitation, or solicitation of an offer, to subscribe for or purchase any securities
and neither this document nor anything contained herein shall form the basis of or be relied on in connection with any contract or commitment whatsoever .
Any decision to purchase or subscribe for securities should be made only on the basis of the information contained in a prospectus or offering circular
issued by the Company in connection with any such offering .

Information and opinions contained in this presentation are provided for reference of the recipients only and are not to be relied upon as authoritative or
without the recipient’s own independent verification or taken in substitution for the exercise of the recipient’s own judgment . Any reference to past
performance should not be taken as an indication of future performance . In furnishing the presentation, the Company has not undertaken to provide the
recipient(s) with access to any additional information or updates . None of the Company warrant or guarantee whatsoever that this presentation will lead to
the successful completion, or consummation, of any transactions whether or not under contemplation .

Accordingly the Company disclaims any liability whatsoever in connection therewith and with any decisions that might be taken upon the basis of this
presentation, directly or indirectly . In particular, the Company owe no duty to the recipient (except as required by applicable laws) to exercise any
judgment on its behalf as to the merits or suitability of any transaction . The recipient agrees that the merits or suitability of any such transaction to its
particular situation will be independently determined by the recipient including consideration of the legal, tax, accounting, regulatory, financial and other
related aspects there of .




                                                                                                                                                                   2
Page 3
                   Scan To Download the Materials




Material Presentation          Annual Report        Sustainability Report




                                                                            3
Page 4
BTN’s Overview : 2021                        – 2025 Performance

                     Net Profit                                   Total Loan & Financing                                          Total Deposits
                      (IDR Tn)                                               (IDR Tn)                                                 (IDR Tn)

                                          +16.4%
                                                                                                +11.9 %                                                   +14.6%

                         3.5                   3.5                                                                                                             437
            3.0                   3.0                                                                  400                                          382
                                                                                334       358                                           350
   2.4                                                             298                                           296      322
                                                          275




   12M21    12M22       12M23     12M24       12M25      Dec-21   Dec-22       Dec-23    Dec-24       Dec-25    Dec-21   Dec-22        Dec-23      Dec-24     Dec-25




              Net Interest Margin                                           NPL Gross                                    Capital Adequacy Ratio
                         (%)                                                   (%)                                                      (%)


                                                                                                   - 8 bps                                              +242 bps
                                          +133 bps
             4.4                               4.2                                                                                                             20.9
    4.0                                                   3.7                                                            20.2           20.1
                          3.8                                       3.4                                         19.1
                                                                                 3.0       3.2            3.1                                      18.5
                                    2.9




    12M21    12M22       12M23     12M24       12M25     Dec-21    Dec-22       Dec-23    Dec-24       Dec-25   Dec-21   Dec-22        Dec-23      Dec-24      Dec-25




                                                                                                                                                                        4
Page 5
Macroeconomics &
Management Highlights
Page 6
Macroeconomic Highlights
                Indonesia’s GDP Remains Resilient..                                                                          …with Inflation Rate Stays on Target                                                                                              Rebound on Consumer Confidence                                                                     Index
 (% yoy )                                                        GDP c.25:           5.1% yoy                   (% )                          CPI mom (LHS)                                       CPI yoy (RHS)                                  (% )
                                                                                                                                                                                                                                                                                                       CCI                   Average CCI
                                                                                                                2.0     5.4                                                                                                                      6.0
                                                                                                                                                                                                            1.6                                         130                       127.1                                                     127.7
                                                                                                                 1.5                                                                                                                             5.0
                                                                                                      5.4
                                                                                                                                                                                                                                                 4.0                                                  123.8               123.5                                                    123.5
                 5.2                         5.1 5.1                                  5.1                        1.0                                                   3.0                                                              2.9             125
5.0                              5.0                                 5.0                                                0.6                                   2.8                                 0.4                                            3.0                                                                                                            122.4
                                                                                                                 0.5                                                                              1.6
                                                                                                     5.0                                                                                                                                0.6 2.0         120                                 121.7
        5.0              4.9                               5.0               4.9                                                                              0.4                                                                                              119.9
                                                                                                                  -
                                                                                                                                                                                                                                                 1.0
                                                                                                                                                                                                                                                         115
                                                                                                                -0.5                                                                                                                             -                                                                                                                       115.0
                                                                                                                                                                                                            1.0
                                                                                                                -1.0                                                                                                                             -1.0    110




                                                                                                                                                                                                             Mar-25
                                                                                                                                  Mar-23




                                                                                                                                                                       Mar-24




                                                                                                                                                                                                                                                                                                                                                       Mar-25
                                                                                                                                                                                                                                                                         Mar-23




                                                                                                                                                                                                                                                                                                                 Mar-24
                                                                                                                                                                                                                                        Dec-25
                                                                                                                         Dec-22




                                                                                                                                                                                                                               Sep-25
                                                                                                                                                              Dec-23
                                                                                                                                                     Sep-23




                                                                                                                                                                                                                      Jun-25
                                                                                                                                                                                                   Dec-24




                                                                                                                                                                                                                                                                                                                                                                                     Dec-25
                                                                                                                                           Jun-23




                                                                                                                                                                                         Sep-24




                                                                                                                                                                                                                                                                Dec-22




                                                                                                                                                                                                                                                                                                                                                                          Sep-25
                                                                                                                                                                                                                                                                                                        Dec-23
                                                                                                                                                                                Jun-24




                                                                                                                                                                                                                                                                                             Sep-23




                                                                                                                                                                                                                                                                                                                                                                Jun-25
                                                                                                                                                                                                                                                                                                                                              Dec-24
                                                                                                                                                                                                                                                                                   Jun-23




                                                                                                                                                                                                                                                                                                                                   Sep-24
                                                                                                                                                                                                                                                                                                                          Jun-24
                                                                              1Q25
         1Q23




                                             1Q24




                                                                                       2Q25

                                                                                              3Q25
                  2Q23

                          3Q23




                                                                                                         4Q25
 4Q22




                                                    2Q24
                                   4Q23




                                                              3Q24

                                                                      4Q24




 Deficit Remains Under Control below Threshold..                                                                                   .. Targeted 8                          Economic’s                          Priority                                  Key Takeaways
(IDR Tn)                                                                                              (% )       (IDR Tn)                                                                                                                               ▪ In 4 Q25 , GDP recorded at ~ 5 .4 % level driven by
                                  Deficit                  Deficit (% of GDP)                                                                       2025 Outlook                           2026 Budget                                                    5 .1% yoy growth from household consumption .
 800.0                                                                                               3.50                                               757.8                                                                                           ▪ Inflation reached 2 .9 % yoy in December 2025 and
                                                                      2.9                                                                  690.1
 700.0                                                                                 2.7           3.00                                                                                                                                                 expected to pick - up in 1Q26 due to a low based
 600.0              2.4                             2.3                                                                                                                                                                                                   effect from discount on electricity tariff in 1Q25 .
                                                                                                     2.50                                                                                                    508.2
 500.0                                                                                                                                                                                            468.1                                                 ▪ The Consumer Confidence Index (CCI) rose to 123 .5
                                       1.6                                                           2.00                                                                                                                                                 in Dec - 25 , exceeding its 4 years average, signaling
 400.0
                                                                                                     1.50                                                                                                                                                 recovery towards 2026 .
 300.0                                                                                                                                                                              244
                                                                                                                                                                       210.6
                                                                                                     1.00         155.2 164.4
                                                                                                                                                                                                                                                        ▪ Indonesia’s  2026 fiscal policy remains on the
 200.0
                                                                                                                                                                                                                                                          expansionary mode, with a 2 .7% projected deficit of
  100.0                                                                                              0.50                                                                                                                      35.2 33.5                  GDP, still below the 3 % legal threshold . The
                  460.4            337.3            509.2            695.1            638.8
         -                                                                                           -                                                                                                                                                    government    continues    to support the housing
                   2022            2023             2024             2025            2026F                               Food                Education                      Health                   Social                        FLPP                   sector through both fiscal and monetary incentives .
                                                                                                                       Security                                                                    Protection
Source : Bloomberg, Bank Indonesia, Statistics Indonesia                                                                                                                                                                                                                                                                                                                                      6
Page 7
Banking Sector Highlights
 L oan Growth Recovered by the End of 2025…                                                                                 … Supported by Investment Loan                                                                                          Lead to higher              Loan to Deposit Ratio

(% yoy )                                                                                                   (% yoy )                       Working Capital                        Investment                                         (% )
                               Loan Growth                         Deposit Growth
                                                                                                                                          Consumer                               Total Loan
                                                                                                                                                                                                                      20.5                                                      89.1                                           89.2
                                              11.7
 11.0
                                                                                                 10.4

 8.4                                         10.4                                                                                                             12.6
                                                                                                              11.7
                                                                                                 9.3
                                                                                                           11.5                                               10.5                                                    9.3
                                                                                                           11.0
                                                                                                                                                              9.7
                                                                                                              9.4                                                                                                      6.4
                                                                                                                                                              7.4
                                                                                                                                                                                                                                     84.0
                                                                                                                                                                                                                      4.4
                                                                      Mar-25




                                                                                                                                                                        Mar-25




                                                                                                                                                                                                                                                                                                   Mar-25
                           Mar-24




                                                                                                                                                                                                                                                              Mar-24
                                                                                                                                 Mar-24




                                                                                                                                                                                                    Oct-25

                                                                                                                                                                                                             Nov-25
                                                                                                  Dec-25




                                                                                                                                                                                                                       Dec-25




                                                                                                                                                                                                                                                                                                                                Dec-25
                                                                                        Sep-25




                                                                                                                                                                                           Sep-25




                                                                                                                                                                                                                                                                                                                      Sep-25
   Dec-22




                                                                                                               Dec-22




                                                                                                                                                                                                                                           Dec-22
                  Dec-23




                                                                                                                        Dec-23




                                                                                                                                                                                                                                                     Dec-23
                                                                               Jun-25




                                                                                                                                                                                  Jun-25




                                                                                                                                                                                                                                                                                                            Jun-25
                                                         Dec-24




                                                                                                                                                               Dec-24




                                                                                                                                                                                                                                                                                          Dec-24
                                               Sep-24




                                                                                                                                                     Sep-24




                                                                                                                                                                                                                                                                                 Sep-24
                                    Jun-24




                                                                                                                                            Jun-24




                                                                                                                                                                                                                                                                       Jun-24
                    Higher CASA Growth Should Help
                           F unding C osts A head                                                                 Key Takeaways
(% yoy )                     M2               CASA                   Total Deposits
                                                                                                 13.2           ▪       Deposit growth continues to outpace loan growth, reaching                                                                                  10 .4 % yoy in December                           2025 ,
 12.4
                                                                                                                        signaling ample liquidity in 2026 .
                                                         9.9                                     10.4
                                                                                                                ▪       Loan growth saw a slight improvement to 9 .3 % yoy , driven by a rebound across all
 8.4
                                                        9.6                                      9.6                    segments . Nevertheless, consumer    loan remained relatively soft at 6 .4 % yoy , while
                                                                                                                        investment loan surged by 20 .5% yoy in 2025 .
                  3.5
                                                        4.8
                                                                                                                ▪       As a result, loan to deposit ratio increased                                                            to 89 .2 % in December 2025 .
            2.8
                  1.6                                                                                           ▪       Broad money (M 2 ) grew by 9 .6 % yoy in December 2025 , while CASA and total deposits grew
                                                                                                                        by 13.2 % yoy and 10.4 % yoy respectively, indicating adequate system liquidity .
                                                                      Mar-25
                           Mar-24




                                                                                                  Dec-25
   Dec-22




                                                                                        Sep-25
                  Dec-23




                                                                               Jun-25
                                                          Dec-24
                                               Sep-24
                                    Jun-24




Source : Bank Indonesia (SEKI)                                                                                                                                                                                                                                                                                                           7
Page 8
Liquidity Highlights
                                      SRBI yields softens, reflecting liquidity improvement                                                                                                                                                                                                                     DXY vs IDR
                                                                                                                                                                                                                                                                                                                                                                                  (IDR)
                                                         Weighted Average SRBI Rate                                                                     BI Rate                             IDRG10Y                                                                                                      DXY (LHS)                USD/IDR (RHS)

8.0                                                                                                                                                                                                                                                          115.0                                                                                                           15,000
                                                                              7.5                                                                                                                                                                                                                                                                                            15,200
7.5                                                                                                                                                                    7.2
                                                                                                                                                                                                                                                             110.0                                                                                                           15,400
7.0 6.7                                                                                                                                                                                                                                                                                                                                                                      15,600
                                                                                                                                                                                                                                                             105.0                                                                                                           15,800
6.5                                                                          6.9                   6.25                                                                                                                                            6.1
                                                                                                                                                                                                                                                                                                                                                                             16,000
6.0 6.4                                                                                                                                                               6.4                                                                                   100.0                                                                                                       98.0 16,200

5.5                                                                                                                                                                  5.75                                                         6.0                                                                                                                                 16,680 16,400
      5.75                                                                                                                                                                                                                                        4.9        95.0                                                                                                            16,600
5.0                                                                                                                                                                                                                                4.75                                                                                                                                      16,800
4.5                                                                                                                                                                                                                                                          90.0                                                                                                            17,000
                                                                                                                                                                                                                                  4.6




                                                                                                                                                                                                                                                                                                                                        Mar-25
                                                                                                                                                                                                                                                                                       Mar-24




                                                                                                                                                                                                                                                                                                                                                                       Dec-25
                                                                                                                                                                                                                                                                                                                                                             Sep-25
                                                                                                                                                                                                                                                                              Dec-23
                                                                                                                                                                                                                                                                     Sep-23




                                                                                                                                                                                                                                                                                                                                                    Jun-25
                                                                                                                                                                                                                                                                                                                         Dec-24
                                                                                                                                                                                                                                                                                                               Sep-24
                                                                                                                                                                                                                                                                                                Jun-24
                                                                                                                                                                       Mar-25
                                                                  Mar-24




                                                                                                                                                                                                                                                   Dec-25
                                                                                                                                                                                                                         Sep-25
                                      Dec-23
           Sep-23




                                                                                                                                                                                                Jun-25
                                                                                                                                               Dec-24
                                                                                                                      Sep-24
                                                                                              Jun-24




                             SRBI outstanding rebounds yet remains below peak level                                                                                                                                                                         Key Takeaways
(IDR Tn)                                                                                                                                                                                                                                                    ▪ SRBI rate showed a downward                          trend reaching                4 .9 % by the end of 2025 ,
                                                                                                                          960.7
                                                                                                                                  969.2




                                                                                                                                                                                                                                                              reflecting lower liquidity cost .
                                                                                                                 927.6



                                                                                                                                          923.5
                                                                                                         920.8




                                                                                                                                                   894.0
                                                                                                                                                           893.4
                                                                                                                                                                   891.1
                                                                                                                                                                            881.8
                                                                                                                                                                                    867.4
                                                                                                 860.3




                                                                                                                                                                                            783.0                                                           ▪ SRBI's outstanding stood at IDR 731 .7 Tn as of Dec - 25 , indicating liquidity
                                                                                                                                                                                                     740.8




                                                                                                                                                                                                                                                731.7
                                                                                                                                                                                                                                        723.2
                                                                                     721.1




                                                                                                                                                                                                             715.6
                                                                                                                                                                                                                     709.1
                                                                                                                                                                                                                              705.8
                                                                                                                                                                                                                                                              being reabsorbed     back from the system, yet still below its peak
                                                                             558.2




                                                                                                                                                                                                                                                              outstanding at IDR 969 .2 Tn in Nov - 24 ).
                                                                     410.7
                                                         405.0
                                                 399.4
                                         350.0




                                                                                                                                                                                                                                                            ▪ Bank Indonesia           maintained           the BI Rate at 4 .75 % in Dec - 25 (vs 6 .00 % in
                             254.5
                     197.7




                                                                                                                                                                                                                                                              Jan - 25 ).
             130.2
  71.5




                                                                                                                                                                                                                                                            ▪ Throughout 2025 , DXY weakened,                           while Rupiah was maintained                             at IDR
                                                                                                                                                                                                                                                              16,680 by the end of 2025 .
                                                                                                                                                                   Mar-25
                                                         Mar-24




                                                                                                                                                                                                                                                Dec-25
                                                                                                                                                                                                                     Sep-25
                             Dec-23
  Sep-23




                                                                                                                                                                                            Jun-25
                                                                                                                                          Dec-24
                                                                                                                 Sep-24
                                                                                     Jun-24




Source : Bank Indonesia (SEKI), Bloomberg, processed .                                                                                                                                                                                                                                                                                                                                    8
Page 9
BTN House Price Index (HPI) as of December 2025

  National House Price Index                                                                                                                                                                       HPI Type 36

                                                                                                                                                                                                                                                               BTN-HPI                               QoQ                         YoY
                                                               BTN-HPI                           QoQ                      YoY                                                                                                                                                                                                                                 267.83
 12                                                                                                                                                                  240.36 300                 12                                                                                                                                                              267.8 300
                                                                                                                                                                        240.4
 10                                                                                                                                                                           250               10203.6                                                                                                                                                               250
  8 185.8                                                                           8.2                                                                                       200                8                                                                                        7.7                                                                         200
                                           6.8                                                                                   6.4                                                                                                            7.0                                                                               7.6
  6 5.4                                                                                                                                                                       150                6 6.2                                                                                                                                                            6.1 150
  4                                                                                                                                                                   4.9 5.1 100                                                                                                                                                                             5.1
                                                                                                                                                                                                 4                                                                                                                                                                    100
  2 1.6                                    1.8                                       1.4                                          1.7                                     1.9 50                                                                                                                                                                                  2.7 50
                                                                                                                                                                      0.6                        2 1.9                                          1.7                                                                               1.8
  0                                                                                                                                                                           0                                                                                                           1.1
                                                                                                                                                                                                 0                                                                                                                                                            0.2     0
      Dec-21




                                                                                                                                                Mar-25
               Mar-22




                                                      Mar-23




                                                                                                 Mar-24




                                                                                                                                                                                     Dec-25
                                            Dec-22




                                                                                                                                                                        Sep-25
                                                                                      Dec-23
                                  Sep-22




                                                                           Sep-23




                                                                                                                                                            Jun-25
                                                                                                                                    Dec-24
                        Jun-22




                                                                                                                        Sep-24
                                                                Jun-23




                                                                                                            Jun-24




                                                                                                                                                                                                   Dec-21




                                                                                                                                                                                                                                                                                                                                            Mar-25
                                                                                                                                                                                                               Mar-22




                                                                                                                                                                                                                                                            Mar-23




                                                                                                                                                                                                                                                                                                     Mar-24




                                                                                                                                                                                                                                                                                                                                                                        Dec-25
                                                                                                                                                                                                                                                                                                                                                               Sep-25
                                                                                                                                                                                                                                                Dec-22




                                                                                                                                                                                                                                                                                          Dec-23
                                                                                                                                                                                                                                     Sep-22




                                                                                                                                                                                                                                                                                Sep-23




                                                                                                                                                                                                                                                                                                                                                     Jun-25
                                                                                                                                                                                                                                                                                                                                  Dec-24
                                                                                                                                                                                                                          Jun-22




                                                                                                                                                                                                                                                                      Jun-23




                                                                                                                                                                                                                                                                                                                        Sep-24
                                                                                                                                                                                                                                                                                                               Jun-24
   HPI Type 45                                                                                                                                                                                     HPI Type 70
                                                        BTN-HPI                                QoQ                            YoY                                                                                                                               BTN-HPI                               QoQ                        YoY
                                                                                                                                                                  212.88
                                                                                                                                                                   212.9                                                                                                                                                                                        215.1 250
                                                                                                                                                                                                                                                                                                                                                              215.10
 13                                                                                                                                                                                       250
                                                                                                                                                                                                13
      167.9                                                                                                                                                                               200       168.1                                                                                                                                                                        200
 10                                                                                 9.2                                                                                                         10                                                                                                  10.5
  7                                                                                                                                                                                       150                                                                                                                                                                                    150
                                           6.6                                                                                                                                                   7 6.0                                                                                                                                                        4.8
                                                                                                                                                                                                                                                           5.9                                                                             5.6
  4 3.5                                                                                                                       4.4                                 4.6 4.3 100                    4                                                                                                                                                                3.6 100
                                           1.8                                      2.0                                                                           1.6 1.1 50                                                                               2.7                                                                             1.9                0.9
   1 0.9                                                                                                                      1.4                                                                 1 1.0                                                                                             1.3                                                               50
 -2                                                                                                                                                                                       0     -2                                                                                                                                                                0.7 0
      Dec-21




                                                                                                                                                                                                      Dec-21
                                                                                                                                             Mar-25




                                                                                                                                                                                                                                                                                                                                            Mar-25
               Mar-22




                                                                                                                                                                                                                 Mar-22
                                                     Mar-23




                                                                                                                                                                                                                                                             Mar-23
                                                                                               Mar-24




                                                                                                                                                                                                                                                                                                      Mar-24
                                                                                                                                                                                 Dec-25




                                                                                                                                                                                                                                                                                                                                                                        Dec-25
                                                                                                                                                                     Sep-25




                                                                                                                                                                                                                                                                                                                                                               Sep-25
                                           Dec-22




                                                                                                                                                                                                                                                  Dec-22
                                                                                    Dec-23




                                                                                                                                                                                                                                                                                           Dec-23
                                 Sep-22




                                                                                                                                                                                                                                       Sep-22
                                                                         Sep-23




                                                                                                                                                                                                                                                                                 Sep-23
                                                                                                                                                         Jun-25




                                                                                                                                                                                                                                                                                                                                                     Jun-25
                                                                                                                                 Dec-24




                                                                                                                                                                                                                                                                                                                                  Dec-24
                        Jun-22




                                                                                                                                                                                                                            Jun-22
                                                                                                                     Sep-24




                                                                                                                                                                                                                                                                                                                        Sep-24
                                                               Jun-23




                                                                                                                                                                                                                                                                       Jun-23




                                                                                                                                                                                                                                                                                                               Jun-24
                                                                                                          Jun-24




Source : BTN HPI FY 25
                                                                                                                                                                                                                                                                                                                                                                                       9
Page 10
Embarking on a New Journey through Ecosystem                                                             - driven Business Approach
                                                                                                       Education
     Tap Beyond Mortgage                                                   on
                                                                      ituti                                                                                            ESG Initiatives
                                                                   st
                                                               l In                                                                        Go
                                                              a                                                                              ve
                                                            ci
        Expanding and diversifying loan
        portfolio  to     non - housing                                                                                                                                                  Launched “Pay




                                                        n




                                                                                                                                              rn
                                                      na
        ecosystems                                                                                                                                        “First bank to                 Your Mortgage




                                                                                                                                                m
                                                    Fi
                                                                                                                                                                                         Installments with




                                                                                                                                                 en
                                                                                                                                                       upgrade ESG MSCI
                                                                                                                                                                                         Waste” Program




                                                                                                                                                   t
        Acquiring           institutional                                                                                                                 Rating to AA ”
                                                                               ~ 42                               22.6 k
        partnership   to tap into their
                                                                           regional                               Bale Korpora                                                           Scale - up ”Low
        ecosystem                                                     government                                  Users                                  “First Social Bond
                                                                                                                                                                                         Emission
                                                                      partnerships                                                                     Issuance with a total
        Supporting  MSMEs        through                                                                                                                                                 Housing” Project
                                                                                                                                                           of IDR 300 Bn
        KUR Housing Program                                                                                             ~ 635 k
                                                                              9                                         Payroll accounts
                                                                Sales Center
                                       Healthcare


                                                                   new core
                                                            banking system
                                                                                       Integrated Ecosystem &
                                                                                           Unique Lifestyle
                                                                                                                                                                  Comprehensive Digital
     Targeting Less Crowded                                      > 10,000                                                > 256 k                                       Ecosystem
                                                                    Developers                                           merchants
              Segment

         Splitting retail customers   into
                                                                               3.7 Mn                           24
         different segmentations                                                                                Digital Stores
                                                                               Bale users
         Increasing    CASA acquisition
         for a sustainable funding base

         Capturing middle institutions
         for lower funding cost
                                                                                                                                   rs
                                                                                                                             etaile
                                                                                                                            R
                                                                                                                                                                                                             10
Page 11
Selected Ecosystem                     - Driven Business Approach
                                                                 Unlocking Opportunities in the                Expanding Partnership Ecosystem within
           Tapping into Ancol Ecosystem                                 HKBP Ecosystem                             Regional Government Ecosystem




                                                         ▪ HKBP Nommensen        Church is part of the
                                                           HKBP Foundation ecosystem .
                                                         ▪ Currently,    HKBP oversees      around 3 ,526   BTN strengthens its strategic collaboration with
                      PROPERTY                             churches and operates two universitie s in       Local Governments     (Pemda ) and Provincial
                                                           Medan & Pematang Siantar .                       Governments    (Pemprov ) to support regional
                                                         ▪ Since Dec - 25 , BTN has acquired a total of     development   and expand BTN's        role as a
▪ In Nov - 25 , BTN signed a strategic partnership         1,353 accounts with an average balance of        comprehensive consumer bank .
  with PT Pembangunan Jaya Ancol Tbk & PT                  IDR 3 .5 Mn .
  Taman Impian Jaya Ancol .                              ▪ BTN recorded a total of 26 institutional         Key Areas of Collaboration :
▪ This partnership opens a door for BTN to                 accounts (Universities & Churches) in Dec -      ▪   Management       of   regional    government
  capture      the    ecosystem,      starting   from      25 only, with a total transaction value of IDR       accounts and treasury services
  merchant,      culinary,    resort,   property    to     12.1 Bn done through Bale Korpora .              ▪   Mortgage and consumer financing for civil
  tourism area .                                                                                                servants and local communities
▪ BTN has acquired a total of 932 users with an          Potential Customers from Two Universities          ▪   Financing for regional strategic projects and
                                                                                                                regional - owned enterprises (BUMD)
  average acquisition of 15 – 17 users per day .                                  UHN Medan
▪ Bale Korpora recorded a total transaction                                                                 ▪   Payroll,    cash  management,     and digital
                                                                                  247 Faculty Members
  value of IDR 50 .0 Bn from 752 transactions in                                                                payment solutions
                                                                                  7 Tho Students            ▪   Support      for affordable     housing   and
  the last 2 months of 2025 .                                                     127 Staff                     sustainable development programs
                                                         UHN Pematang Siantar
                                                           170 Faculty Members                              This collaboration   should strengthen     BTN’s
                                                               3.5 Tho Students                             funding base, broaden its consumer banking
                                                                                                            ecosystem,    and reinforce its contribution to
                                                                                                            inclusive economic growth .


                                                                                                                                                                11
Page 12
Cost Of Deposits Performance Throughout 2025


Achievements     of CASA Low      Cost   vs   High   Cost   of     The initiative carried out succeeded                             in reducing        the Cost of
Deposits to decline during 2025                                    Deposits
(Bank only)                                                        In the last six months, BTN has managed to reduce interest expense month - to-
                                                                   date ± Rp 250 billion, through the implementation of repricing down and
                                                                   switching institutional funds to retail

                                                                            6.3                              6.4      6.4      6.3
                                                                   6.1
                                                                                     6.0          6.2                                      5.9
                                                                                                                                                     5.3

                                                                                                                                                              4.7
                                                                           4.3                                       4.2       4.2
                                                                   4.1                            4.1        4.1
                                                                                    4.0                                                    3.9                         4.3
                                                                                                                                                    3.6
                                                                                                                                                              3.2
                                                                                                                                                                       2.9

                                                                   1.9      2.0                                                2.3
                                                                                     1.9                     2.1      2.0
                                                                                                  1.9                                      2.3       2.2
                                                                                                                                                              1.6      1.2

                                                                   2.4      2.4      2.0                     2.1      2.1      2.0
                                                                                                  1.9                                      1.7       1.6      1.5
  Low Cost                                                                                                                                                             1.5

  Savings : < 3.75%                                              Dec-23   Mar-24   Jun-24      Sep-24      Dec-24   Mar-25   Jun-25      Sep-25    Oct-25   Nov-25   Dec-25

  Current account : < 3.00%                                                                                    Saving Acc.         Time Deposits
                                                                                            Current Acc.
                                                                                                            Total Deposits (RHS)


                                                                                                                                                                              12
Page 13
Shareholder's Strong Support to Strengthen the Capital

                                 Additional Tier           - 1 Capital Issuance                                                         Subordinated Tier     - 2 Capital Issuance

 Higher Capital Capacity                   for Future Expansion                                                 The Biggest Subordinated Bonds               Issuance in Indonesia
                                                    ▪ Issuing     a      perpetual        instrument ,
                                                      recognizing it as Additional Tier 1 capital                                            IDR   2 Tn     ▪ Obtained OJK’s approval for a total
                                                      under POJK regulations, fully absorbed                                                                  of IDR 5 Tn to be disbursed in the
                                                      by ultimate shareholder, with a transaction                                                             next 2 years .
                                                      value of IDR 2 .0 Tn .                                                                                ▪ Proceeds used for loan expansion .
               IDR   2      Tn                      ▪ Supporting
                                                      development
                                                                            national
                                                                         to drive
                                                                                              housing
                                                                                        and expand
                                                                                                                              IDR   5   Tn
                                                                                                                                                            ▪ A total of IDR 2 Tn has been fully
                                                                                                                                                              allocated    across  multiple loan
                                                      homeownership        access    for the people                                                           segments .
                                                      and its ecosystem
                                                    ▪ Preserving     strong capital buffers         to
                                                      support stability over the long term .                               The first tranche offering


                                    The Impact on BTN's Capital                                                                              5 Years BTN’s RWA Density

  BTN has achieved a total capital ratio of 20.9%,                               ensuring sufficient
                                                                                                                  40.0%
                                                                                                                              36.1%                           35.5%           37.1%    35.8%
  capacity to support future loan expansion                           .                                                                        34.7%
                                                                                                    20.9%         35.0%

  (IDR Bn)           18.6%
                                                                                                    39,568        30.0%

                     34,066                                                                                       25.0%

                                      2,000             1,209             337                       35,289        20.0%
                     31,743
                                                                                                                   15.0%
      Tier 1
    Capital                                                                                                       10.0%

                                                                                                                   5.0%

    Tier 2                           2,000                                                                         0.0%
                     2,323                                                                          4,279
   Capital                                                                              - 45                                  Dec-21           Dec-22         Dec-23         Dec-24    Dec-25
                      Sep - 25   Capital Issuance      Net Profit   OCI/Others       amortization    Dec - 25
                                                                                                                                                                                                    1313
Page 14
Bank Syariah Nasional : Establishing Indonesia’s Second                                                    - Largest Islamic Bank through
Strategic Spin - Off
 Over Two Decades of Expertise in                           Extending Financial Services
                                                            Beyond the Housing Sector                 Robust financial profile    (as of FY25)
 Advancing National Housing Development
                                                             ▪ Diversifying               beyond
 300 thousand+     of mortgage units                                                                        IDR 73.0 Tn              IDR 54.9 Tn               IDR 58.7 Tn
                                                               mortgages        to     build      a
 financed since 2005                                           comprehensive             financial           Total Assets           Total Financing            Total Deposits
                                                               services     ecosystem      across
                                                               housing      and     non - housing               4.1 %                     1.0 %                   40.6 %
                                                               sectors .                                     NIM ( eqv .)                  CoC                       CAR
                                                             ▪ Focusing       on     the     retail
                                                               segment to drive sustainable                   93.4 %                    60.6 %                     2.6 %
                                                               and long - term growth .                          FDR                      CASA                   NPF (Gross)

                                                                          Expanding Reach             Driving Sharia Economic Development through Digital Innovation
                                                                          through Product
                                                                          Innovation                                                        Bale     Syariah    enables      fast,
                                                                         ▪ Sharia - Compliant                                               secure,    and seamless        digital
                                                                            Micro and SME                                                   transaction         through           a
                                                                            Financing (KUR /                                                comprehensive      sharia - compliant
                                                                            KPP)                                                            banking platform .
                                                                         ▪ Gold - Based
                                                                            product                                                          The platform integrates Islamic
                                                                            development                                                      lifestyle   features , including
                                                                         ▪ Cash Waqf –Linked                                                 prayer time, azan notifications
                                                                            deposit products                                                 and Qibla direction, enhancing
                                                                                                                                             daily customer engagement .
 Extensive Digital                                       Nationwide Business Partner
 Innovation                                              Network                                                                             A scalable digital ecosystem ,
         Introducing Bale Syariah, a digital banking       ▪ 500+ partnerships with                                                          supports product diversification
         platform with fast, comprehensive         and                                                “a comprehensive suite                 and sustainable growth across
                                                              property developers
         seamless     financial  transactions , and                                                      of sharia compliant                 retail and SME segments .
                                                           ▪ 3,000+ notaries nationwide                 financial solutions  .”
         integrated Islamic Lifestyle (prayer time,
         azan notifications, and Qibla direction .
                                                                                                                                                                                      14
Page 15
BTN’s 2026 Guidance                 - Consolidated




                                             12M25           Guidance 2025   Guidance 2026

    Loan Growth                             11.9%                7 – 9%         8 – 10%
                                                        *)
    Deposits Growth                         14.6 %              8 – 10%          7 – 9%

    Cost of Credit                            1.6 %              >1.5 %        1.0 – 1.2 %

    NPL Gross                                 3.1%               <3.1 %          <3.0 %




  *) 8.1% if exclude IDR25 Tn of Gov't fund placement
                                                                                             15
Page 16
2025 : Strengthening E ngine
for S ustainable F unding
Page 17
BTN’s FY25 Journey:                                  Strengthening                              E ngine for S ustainable F unding
                                                                                                                                              Higher Middle Institution Contribution                                      Lead to a
                   Developing a Full                 - Fledged Retail Products
                                                                                                                                                            More Manageable CoF
                    Total Deposits               Avg. Product                Non - banking         “Potential higher
                                                                         product of total FUM        non - banking                                                                                                              Middle Institution
                          1.2                       Holding                                             products        Large & Middle Institution Portion (% )                                                           showing sustain growth
                        IDR Tn                                                                     contribution from
                           (Dec - 25)                 4.4x                      43.1%                 BTN Private                                                                                                                           (IDR Tn)
                                                                                                       segment”
                                                                                                                         28.9%            28.2%               31.4%                               35.2%                      63.4T
                                                                                                                                                                               35.7%                                                               72.1 T
                                                                                                                                                                                                                              D ec - 24             Dec - 25
                     # of Customers                     Total Deposits              Avg. Product      Non - banking
                                                                                                     product of total                                                                                                  Cost of Fund (CoF ) from
                     34.4                34.6            36.7           36.3           Holding            FUM
                     Thou                Thou           IDR Tn         IDR Tn                                                              71.8%                                                                     Middle Institution lower by
                     (Dec - 24)         (Dec - 25)      (Dec - 24)     (Dec - 25)
                                                                                       3.2x            31.4%
                                                                                                                          71.1%                               68.6%           64.3%     *)        64.8%     *)
                                                                                                                                                                                                                       ~ 190 bps than the Large
                                                                                                                                                                                                                                       Institution
                     # of Customers                     Total Deposits              Avg. Product      Non - banking                                                                                                          Large                     Middle
                                                                                       Holding       product of total    Dec-24            Mar-25             Jun-25           Sep-25             Dec-25                     Institution           Institution
                     53.3                71.0             8.5            9.6                              FUM
                     Thou                Thou           IDR Tn         IDR Tn                                                              Large Institution           Middle Institution                                    6.2 % *) vs              4.3 %
                     (Dec - 24)         (Dec - 25)      (Dec - 24)     (Dec - 25)
                                                                                       1.5x              1.6%           *) E xclude IDR25 Tn of Gov't fund placement                                                         12M25                    12M25




            Unlocking Potential through Seamless Transactions                                                                                      High Quality Funds for a Manageable                                      CoF
balé by BTN app has been          growing at a decent pace                  while strengthening its
market presence.                                                                                                                        6.3                                 6.4         6.4         6.3
                                                                                          38%                                6.1
                                                                                                                                                    6.0         6.2                                                5.9
                                                                                                                                                                                                                             5.3

                                  3.7 Mn                             of new customer acquisition
                                                                      through Online Onboarding
                                                                                 (OLOB) channels                             4.1        4.3                     4.1         4.1         4.2         4.2
                                                                                                                                                                                                                                            4.7
                                                                                                                                                                                                                                                       4.3
                                  User Acquisition                                                                                                  4.0                                                            3.9
                                                                                                                                                                                                                             3.6
                                                                                                                                        2.0                                                         2.3                                     3.2
                     IDR          103.6 Tn                             Lifestyle Feature Development                         1.9

                                                                                                                             2.4        2.4
                                                                                                                                                    1.9

                                                                                                                                                    2.0
                                                                                                                                                          *     1.9

                                                                                                                                                                1.9
                                                                                                                                                                            2.1

                                                                                                                                                                            2.1
                                                                                                                                                                                        2.0

                                                                                                                                                                                        2.1         2.0
                                                                                                                                                                                                                   2.3

                                                                                                                                                                                                                   1.7
                                                                                                                                                                                                                             2.2
                                                                                                                                                                                                                                            1.6
                                                                                                                                                                                                                                                      2.9
                                                                                                                                                                                                                                                      1.2
                                   Value of Transaction                                                                                                                                                                      1.6            1.5       1.5


                                   2.2 Bn                                                                                 Dec-23     Mar-24      Jun-24       Sep-24

                                                                                                                                                               CA
                                                                                                                                                                          Dec-24

                                                                                                                                                                             SA
                                                                                                                                                                                    Mar-25

                                                                                                                                                                                             TD
                                                                                                                                                                                                  Jun-25         Sep-25

                                                                                                                                                                                                           Total Deposits
                                                                                                                                                                                                                           Oct-25         Nov-25    Dec-25

                       Amount of Transaction



                                                                                                                                                                                                                                                                 17
Page 18
BTN’s FY25 Journey:                                           Enhancing Loan Processes and Loan Origination
                            Revamping Branches to Upgrade Customer
                                                                                                                                                            Transforming Branch Operational System
                                            Experience
 Efficiency & Improvements                                    Bringing new experience to the people                          Implementing            New Core Banking                            Scaling up Sales Workforce to drive
                                                                ▪ Expanding       partnership    ecosystem ,                 System                                                              sustainable funding
                    CS Digital Implementation
                                                                  including major brands such as Digimap                     ▪ Enhancing       customer     experience                           Shifting    workforce      composition     with
                          Card replacement    is                  and coffee shops .                                           through faster service time, flexible                             higher    business     functions    to support
                          less than 2 minutes                   ▪ Locating   at higher traffic spots (ex .                     system infrastructure,     and expedite                           sustainable     business       growth,    while
                          Open account is less                    shopping malls) .                                            process time .                                                    Operation roles support a smooth and
                          than 5 minutes                        ▪ Strengthening    value - added offerings in                ▪ Improving      operational    efficiency                          faster process of execution and settlement
                                                                  BTN Digital Stores .                                         across branch banking operations .                                from the frontliners .
                    Superstaff                                                                                               ▪ Leveraging user - friendly technology
                          Up to 39%             cost                                                                           platforms      to    support     frontline                              52%                50%            47%
                          reduction                                                                                            productivity .
                                                                                                                                                                                                       48%                50%            53%
                          All - in- one service                                                                                               83                       2026
                          solution                                                                                                        branches              Full scale implementation               2023              2024           2025
                                                                   Sunyi      ReJuve          Vending             Recharge                                       across all sub - branches
                                                                                                                              Rolled out across Indonesia                                                      Business          Operation
                                                                   Coffee                     Machine              Station



                     Enhancing Collection Practices to Drive Efficiency                                                                            Improving Loan Origination through Loan Factory

Progress in Cluster Collection in Jatim                            New Cluster Collection in Jakarta I,                      Optimizing Loan Processing                                      Shifting from manual to automated
Bali Nusra Regional Office (Phase 1)                               Jakarta II, West Java (Phase 2)                                                                                           process engine
    1 Monthly visit/collectors improve                                                                   On Development                                                                           Time to Yes (Loan approval)
              288                  338                                                                                                                                                            within 5 days
      (Before Piloting)     (After Piloting)
                                                                                                                                                                                                  Time to Disburse         within 13 days
   2 Operation cost efficiency
              623 Mn               562 Mn                                                                                            Loan Factory
       IDR
      (Before Piloting)
                             IDR                       9.8%
                            (After Piloting)                                                                                                                                                  On Development
   3 Upgrade NPL to PL                                                       This Phase of transformation representing       BTN have centralized consumer loan
      Substandard                                                            46.3%       of total consumer loan              processing       and   portfolio     risk                        • Document checking
        IDR   11.2 Bn       IDR    24.4    Bn          117.1%                                                                management      by enhancing     service                           & data input
      Doubtful & Loss                                              BTN will roll out in all regional offices ,               quality,   driving   efficiency,     and                         • Officer idle time minimized
        IDR   17.9 Bn        IDR   20.8    Bn          16.4 %      supported by cluster mapping and human                    ensuring   process   excellence,     with
      (Before Piloting)     (After Piloting)                       resource allocation .                                     minimal human intervention .                                     • Gen - AI verification


                                                                                                                                                                                                                                                   18
Page 19
Expanding Loan through KUR Housing Program (KPP)
    Scheme                         Supply Side                                           Demand Side                               Newly Launched KPP Program                                                    ▪ KPP, launched in late
  Loan Limit        IDR 500 Mn    - IDR 5 Bn                          IDR 10 - 500 Mn                                                                                                                              October 2025 , supports
                                                                                                                                                                                                                   the “3 Million Housing
                    Working Capital Loan: Max 4 Years                 Investment    Loan : Depends       on Agreement
     Tenor
                    Investment Loan: Max 5 Years                                                                                                                  Supply       Demand                              Program” by expanding
                                                                      between Banks and Customers
                    MSMEs                                                                                                         (IDR Bn)
                                                                                                                                                                                                                   access    to affordable
                                                                                                                                                                                               2,574.8
                    ▪ Developers: build, renovate, and                                                                                                                                                             housing for both supply
                        purchase houses for sale                                                                                                                                                260.0              and demand .
   Applicant        ▪ Construction Services: Consultant               MSMEs                                                                                                                                      ▪ The program        reflects
                        or Constructor                                                                                                                                 1,315.8
                    ▪ Building Material Suppliers:                                                                                                          18.1                                                   government’s
                                                                                                                                                                                                2,314.7
                        wholesaler and retailer                                                                                                                                                                    commitment to improve
                                                                                                                                                                       1,297.6
                                                                                                                                              28.7                                                                 public welfare , support
                                                                      Purchasing, building, or renovating houses                   0.4
                                                                      that serves as :                                                        28.3                                                                 job     creation ,      and
                    1. Land acquisition
                                                                      • Business & residence (home office)                                   Oct-25                   Nov-25                   Dec-25              strengthen          MSME
    Purpose         2. Purchase building materials
                                                                      • Storage     warehouse     for business   &                                                                                                 competitiveness .
                    3. Procurement of goods and services                  residence
                                                                      • Online or Offline businesses & residence
      Loan                                                                                                                       KPP by Region                (IDR Bn)
                    IDR 5 Bn/cycle, up to 4 cycles                    IDR 10 Mn to IDR 500 Mn, one cycle
  Withdrawal
                    •   5.99% for new borrowers                                                                                            Supply Side                             Demand Side                  ▪ In 2025 , BTN led the
 Interest Rate                                                        Borrowers pay 6%                                                                                                                            market        with    a    total
                    •   8 – 9% for existing borrowers                                                                                         Java                                      Java
                                                                                                                                                                       1,329                              196
                                                                      •   10% (plafond: IDR 10      – 100 Mn)                                                                                                     disbursement       of IDR 2 .6
                    5% for 4   – 5 years (depend on loan                                                                                 Sumatra              437                  Sumatra          23
 Subsidy Rate                                                         •   5.5% (plafond: IDR 100      – 500 Mn)                                                                                                   Tn, contributing 46 .5% of
                    type)                                                                                                                Sulawesi           262                  Kalimantan         17
                                                                      •   Max 5 years subsidy rate
                                                                                                                                                                                                                  the national disburse - ment .
                                                                                                                                    Kalimantan              167                    Sulawesi         10          ▪ KPP        disbursement        is
      Total         •   10.99% for new borrowers                      •   16% (plafond: IDR 10      – 100 Mn)                  Nusa Tenggara            82                               Bali      7              primarily concentrated        in
 Lending Rate       •   13 – 14% for existing borrowers               •   11.5% (plafond: IDR 100     – 500 Mn)                                Bali     20                 Nusa Tenggara           5              Java,        in    line     with
                    ▪    Proof of Tax Identification Number         – NPWP & Business Registration Number         – NIB                    Papua        19                           Papua         2              Indonesian            economic
                         – business running min. 6 months                                                                                 Maluku        0                           Maluku         1              distribution .
                    ▪    Non existing KUR borrowers or other government loan programs                                                                                                                           ▪ KPP offers a higher yield
                    ▪    May already obtain commercial loan under current category (collectability 1)                                                                                                             compared        to subsidized
   Eligibility
                    ▪    Financial Information Service System (SLIK), business feasibility, and background
                         check
                                                                                                                                           IDR   2,315 Bn                             IDR   260 Bn                mortgage

                    ▪    Capital: max IDR 10 Bn & Annual Revenue: max IDR 50 Bn
                    ▪    Registered in KUR Database        – SIKP

Source : Ministry of Finance Policy, Ministry of Housing and Residential Area Policy, Coordinating Ministry               for Economic Affairs Policy
                                                                                                                                                                                                                                                      1919
Page 20
Digital Initiatives
Page 21
Digital Initiative & Partnership Highlights
     Bale 3S : Santap, Santai, Sehat    —Powering                       Bale Sport: Increasing    Company exposure                    Balé Ayu: Powering Indonesia’s Creative
           Everyday Transactions with BTN                                       through sport collaboration                            Lifestyle with Seamless Digital Banking

                                                                                                                                                         ▪   BTN’s           2025        GlamLocal
                                                                                                                                                             sponsorship       strengthened brand
                                                                                                                                                             relevance among lifestyle - driven
                                                                                                                                                             segments and accelerated digital
                                                                                                                                                             acquisition      through    on - ground
                                                                                                                                                             activations that converted event
                                                                                                                                                             traffic    into     new    users    and
                                                                                                                                                             transactions .
                                                                                                                                                         ▪   By embedding BTN payments and
▪ Embed daily lifestyle spend : Dining,          leisure,   and   ▪ Awareness at scale : Club partnerships amplify BTN’s
                                                                                                                                                             digital journeys into the GlamLocal
  wellness to drive repeat transactions .                           brand     visibility and accelerate   digital customer                                   experience,        we      expanded
▪ Scale merchant ecosystem : Broader acceptance and                 acquisition through highly engaged fan communities .                                     merchant        engagement       and
  bundled partnerships to boost acquisition and usage .           ▪ New revenue         lanes : We monetize      the sports                                  reinforced BTN’s position as a
                                                                    ecosystem      via     cashless   ticketing,   matchday                                  modern,       everyday       banking
▪ Sustain monetization : Higher frequency transactions
                                                                    transactions,   and branded      commerce —supporting                                    partner for Indonesia’s growing
  to strengthen fee - based income and ecosystem value .                                                                                                     creative economy .
                                                                    sustainable fee - based growth .

      Balé Connect The World:    Powering BTN’s                                                                                     Balé Ngopi : Every coffee moment, seamless
              Cross - Border Ecosystem                                 Balé Hype: Leveraging High Traffic Spots
                                                                                                                                                   BTN payments.




                                                                                                                                  ▪ In Q4 2025 , BTN launched Balé Ngopi , a nationwide
 ▪ Expand cross - border ecosystem : Enables seamless                                                                               café partnership program to accelerate everyday
   international transactions to broaden BTN’s ecosystem                                                                            digital payments adoption across Indonesia .
                                                                  ▪ BTN’s 2025 concert sponsorships         expanded top - of -
   reach through QRIS Crossborder and debit card .                                                                                ▪ The     program   has   onboarded     455    cafés ,
                                                                    funnel awareness and accelerated digital acquisition
 ▪ Unlock recurring       monetization : Drives fee - based                                                                         demonstrating strong merchant traction and scalable
                                                                    by converting high - traffic audiences into new app users
   income     via FX,      remittance,     and cross - border                                                                       ecosystem reach .
                                                                    through onsite activations and cashless journeys .
   payments .
                                                                  ▪ By integrating BTN payments into ticketing and on -           ▪ Balé Ngopi generated more than 339 thousand
 ▪ Increase      customer         stickiness :  Strengthens
                                                                    ground     transactions , we strengthened        everyday       transactions and delivered IDR 25 .7 billion in sales
   engagement and retention through end - to- end global
                                                                    transaction behavior, deepened merchant collaboration,          volume , indicating high customer engagement and
   use cases .
                                                                    and supported sustainable fee - based income growth .           repeat usage behavior .

                                                                                                                                                                                                       21
Page 22
    balé by BTN to boost Low - Cost Funding Growth
                                  Bal é By BTN Registered Users (        Mn Users)                  Total Saving Balance of Users      (IDR Tn )

                                                                            66.1% yoy                                                   15.3% yoy
                                                                              3.7                                                        22.8
                                                                                                                        19.7

                                                           2.2
                                                                                                      11.8

                                        1.1



                                      Dec-23           Dec-24               Dec-25                  Dec-23             Dec-24            Dec-25



                                                                    Highest ever Bale by BTN Transactions    Volume

                                  # of Transaction                           79.2 % yoy        Transaction Value                       2 7.7% yoy
                                  (Mn Transaction )                                             (IDR Tn)

                                                                              2,216.3                                                   103.6
                                                                                                                                81.1
Since its launch in February
                                                                 1,236.6                                        57.5
2025 , balé     by BTN      has
delivered strong and sustained                                                                      37.3
growth performance .                               341.9
                                       174.0

                                       FY22        FY23           FY24          FY25                FY22       FY23             FY24     FY25

                                                                                                                                                      22
Page 23
balé Merchant, balé Agen dan balé Properti Performances

balé Merchant                                             Merchant
                                                                     balé Agen                                           Agen
                                                                                                                                   balé Properti                                   Properti


 Total Merchant s *) 256 Tho      Avg. Balance    IDR 15.7 Mn           Total Agents   6,251     Avg. Balance IDR       115.9 Mn    Total Member   986 Tho        Total Visitors   27 Mn
   Total Merchants                            99.4 % yoy              Total Agent                              26.1 % yoy          Online Application       (Thousand )  56.9 % yoy
   QRIS BTN   was launched in   Feb - 23
                                             256,396                                                           6,251                                                         62.6
                                                                                                 4,956
                                128,568                                                                                                                          39.9
                                                                            2,523       2,988                                                        27.6
                                                                                                                                           18.4
         1,176      17,525

        Dec-22       Dec-23       Dec-24         Dec-25                     Dec-22      Dec-23   Dec-24        Dec-25                     Dec-22     Dec-23      Dec-24      Dec-25

    Number of Trx (Mn Times )                 190.6 % yoy             Number of Trx (Thousand Times                )                Loan Disbursement         (Tho Unit)  18.4% yoy
                                                  66.3                                                          40.0 % yoy
                                                                                                                                                                               17.1
                                                                                                  1,379.1                                             13.9        14.4
                                                                                         954.7                  883.0                      10.2
                                    22.8                                     426.0
                       8.4
          2.8

         12M22        12M23        12M24          12M25                       12M22      12M23     12M24        12M25                      12M22      12M23       12M24       12M25

   Trx Value (IDR Tn )                            120.6 % yoy         Outstanding Balance       (IDR Bn )  77.9 % yoy              Loan Disbursement         (IDR T n)      15.5% yoy
                                                   5.3
                                                                                                               724.4                                                           2.8
                                                                                                                                                       2.2         2.4

                                     2.4                                                          407.2                                     1.5
                                                                                        295.8
                        1.2
          0.6                                                                 51.0

         Dec-22      Dec-23       Dec-24         Dec-25                      Dec-22     Dec-23    Dec-24       Dec-25                     Dec-22     Dec-23      Dec-24      Dec-25

   *) Merchant EDC & QRIS
                                                                                                                                                                                              23
Page 24
Bal é Korpora : Transforming Wholesale Banking with a Single Digital Access
Point
                                                            Thematic Industry Solution




                                  Education                 Government                   Financial Inst.               Energy




                                                   Employee Solution                         FX Solution

                                                         Payroll                   Cross Currency Payment



                                 Collection   Solution                                                     Payment Solution
                                                              Superior Features
                               • BTN Virtual Account          to Support Client’s Business          • Financial Dashboard
                               • Multi Debit                           Transaction                  • BTN Primo Account



                                               Liquidity Solution                  Trade Finance      Solution

                                       ▪ Cash Pooling & Distribution              ▪ E - Guarantee
                                       ▪ Loan Management                          ▪ Financial Supply Chain
                                       ▪ BTN Healthcare                           ▪ Trade Finance


                                                                                                                                24
Page 25
                Empowering Businesses through Seamless Transactions and Smart Cash
                Management through     bal é Korpora
                       Wholesale transactions showed significant progress in both transaction frequency and value, driven by
                                                              an increase in the number of users
Transaction Frequency                                   Transaction Value                     21.8 % yoy       Bal é Korpora Users                      28.7% yoy
                                       11.7% yoy
(Mn Transaction )                                       (IDR T n)                                               (Thousand Users )

                                                                                                 265.9
                               3.3                                                  218.3
                                           3.0                                                                                                               22.6
                                                                        164.2                                                                  17.6
                                                                                                                                 14.7
                 1.4                                                                                                11.9
                                                            88.2
     0.9



    FY22        FY23          FY24        FY25              FY22         FY23        FY24           FY25           Dec-22      Dec-23         Dec-24        Dec-25


                                                                                                              Fee Based Income     (IDR Bn)

                                                                                                                                                        74.7 yoy



                                                                                                                                                          57.1


                                                                                                                                   30.7
                                                                                                                24.8

                                                                                              7.8


                                                                                             FY22                FY23              FY24                   FY25
                   https://korpora.btn.co.id/
                                                                                                                                                                      25
Page 26
BTN Financial Highlights
Page 27
Financial Snapshots                        - Consolidated
            Financial Highlights               Dec - 21      Dec - 22      Dec - 23          Dec - 24      Dec - 25       yoy Growth (%)

Asset/ Liabilities
Total Assets     (IDR Bn)                          371,868      402,148       438,750            469,615      527,793      12.4%       yoy
Total Loan & Financing          (IDR Bn)          274,835       298,282       333,698            357,973      400,576      11.9%       yoy
Total Deposits       (IDR Bn)                     295,976       321,937       349,933            381,667      437,398      14.6%       yoy
Profitability
Net Profit (IDR Bn)                                  2,376        3,045          3,501             3,007          3,501    16.4%       yoy
NIM                                                  4.0%           4.4%          3.8%              2.9%          4.2%       133       bps
CIR                                                 48.2%         46.7%         45.3%              57.1%        49.3%      (782)       bps
RoE (Tier - 1)                                       13.6%         16.4%         13.9%             10.8%         11.7%        90       bps
RoRWA – after tax                                     1.8%          2.2%          2.4%              1.8%          1.9%         12      bps
RoA (Return on Asset)                                0.8%           1.0%              1.1%          0.8%          0.9%          9      bps
Asset Quality
NPL (Gross)                                           3.7%          3.4%          3.0%              3.2%          3.1%        (8)      bps
Loan at Risk (LAR)                                  26.8%         23.2%          21.1%             19.7%         19.4%      (29)       bps
NPL Coverage                                       141.8%         155.7%       155.2%             115.4%       123.9%        856       bps
Cost of Credit (CoC)                                  1.3%          1.4%          1.2%              0.6%          1.6%       107       bps
Liquidity
LDR                                                 92.9%         92.7%         95.4%             93.8%          91.6%      (221)      bps
LFR                                                 81.0%          81.8%        83.2%             83.2%         82.5%       (63)       bps
CASA                                                44.3%         48.5%         53.7%              54.1%        48.7%      (534)       bps
Capital
CAR (Tier 1)                                         13.8%         16.1%         17.5%             17.1%         18.7%       156       bps
Total CAR                                            19.1%        20.2%          20.1%             18.5%        20.9%        242       bps
                                                                                                                                             27
Page 28
Balance Sheet
   Balance Sheet Summary
                                                Dec - 22               Dec - 23              Dec - 24       Sep - 25         Dec - 25     qoq          yoy          % Assets
            (IDR Bn)
Total Earning Assets                              360,379                 389,827                428,794     453,284           473,771      4.5%        10.5%          89.8%
   Term Deposit with BI                               4,578                   12,149                2,810       4,445             8,260    85.8%       194.0%            1.6%
   Total Loan & Financing                         298,282                 333,698                357,973      381,030         400,576           5.1%     11.9%         75.9%
   Securities                                       53,688                   41,200                61,015      62,972            61,843     - 1.8%           1.4%        11.7%
   Other Earning Assets                                3,831                   2,780                6,997        4,836            3,091    - 36.1%     - 55.8%           0.6%
Provision on Earning Asset                         (15,679)                 (15,641)             (13,063)     (14,536)         (15,316)      5.4%        17.3%          - 2.9%
Total Non Earning Assets                            57,449                  64,563                53,883        72,109          69,339      - 3.8%      28.7%            13.1%
           Total Assets                           402,148                 438,750                469,615      510,857          527,793      3.3%        12.4%         100.0%
CASA                                              156,202                  188,007               206,358     202,826            213,127         5.1%     3.3%          40.4%
   Current Account                                  114,007                143,535               160,848      160,072          169,242          5.7%         5.2%       32.1%
   Saving Account                                    42,195                 44,472                 45,510      42,755           43,884       2.6%        - 3.6%          8.3%
   Time Deposits                                   165,736                  161,927               175,309     227,099          224,271      - 1.2%       27.9%         42.5%
Third Party Deposits                              321,937                 349,933                381,667     429,925          437,398           1.7%    14.6%          82.9%
Securities issued     *)                              8,652                    6,835               5,445         3,730            5,977    60.3%             9.8%         1.1%
Deposits from Other Banks                                 179                  1,300                  105              113          123      8.8%        17.3%           0.0%
Repurchase Agreements                                        0                       0             3,409           342              349      2.0%      - 89.8%           0.1%
Borrowings                                          33,979                   42,875                39,813      35,044           41,492      18.4%         4.2%           7.9%
Non Interest Bearing Liabilities                      11,491                   7,327               6,604         7,020            6,244    - 11.0%       - 5.4%          1.2%
Total Liabilities                                 376,239                 408,271                437,043      476,174          491,583      3.2%        12.5%           93.1%
Total Equity                                        25,909                  30,479                32,572       34,683           36,210      4.4%         11.2%           6.9%
    Total Liabilites & Equity                     402,148                 438,750                469,615      510,857          527,793      3.3%        12.4%         100.0%

*) Subordinated Bonds (Tier     - 2 Capital) are classified as securities issued by Dec   - 25                                                                                   28
Page 29
 Loan Mix
                                         Dec - 22                      Dec - 23                 Dec - 24                  Sep - 25                           Dec - 25
   Loan Type (IDR Bn)                                                                                                                                                                 qoq             yoy
                                     Outs              %        Outs                %       Outs             %        Outs              %                Outs              %
Housing Loan                         261,705        87.7%       284,617           85.3%     305,590        85.4%      322,539        84.6%              328,387      82.0%             1.8%           7.5%
Subsidized Mortgage                  145,860        48.9%        161,746          48.5%     173,844        48.6%      186,585         49.0%              191,185        47.7%         2.5%           10.0%
Non - Subsidized Mortgage             87,824        29.4%         96,175          28.8%     105,956        29.6%       111,338        29.2%              113,041        28.2%          1.5%           6.7%
Other Housing Loan                     6,970           2.3%        7,871           2.4%        8,652        2.4%        8,954          2.3%                9,092          2.3%         1.5%            5.1%
Construction Loan                      21,051          7.1%       18,826           5.6%       17,138        4.8%        15,661         4.1%               15,069          3.8%       - 3.8%          - 12.1%
Non - Housing Loan                    36,576        12.3%        49,081           14.7%      52,382        14.6%       58,492         15.4%              72,189         18.0%        23.4%           37.8%
Consumer Loan                           7,010          2.4%        7,264           2.2%        7,813        2.2%         7,731         2.0%                8,237           2.1%       6.5%            5.4%
Commercial Loan                        11,563          3.9%       12,901           3.9%       15,237        4.3%        12,103         3.2%               13,887          3.5%       14.7%           - 8.9%
Corporate Loan                        18,004           6.0%       28,916           8.7%      29,332         8.2%       38,657          10.1%             50,066         12.5%        29.5%           70.7%
 Total Loan & Financing             298,282       100.0%       333,698        100.0%        357,973      100.0%       381,030        100.0%             400,576     100.0%             5.1%          11.9%

Mortgage                            233,684         78.3%       257,921           77.3%     279,800        78.2%      297,924         78.2%         304,226          75.9%             2.1%           8.7%

  Gross Loan (IDR Tn)                                                                                 Composition by Business Segment
                                                                             11.9% yoy                                                                                         Housing Loan
                                                                                                                                                                                Non Housing Loan
                                                                                   400.6
                                                              358.0                                        10.9%        12.3%                 14.7%                14.6%
                                               333.7                                                                                                                                    18.0%
                            298.3
        274.8




                                                                                                             89.1%




                                                                                                                             87.7%




                                                                                                                                                85.3%




                                                                                                                                                                        85.4%




                                                                                                                                                                                             82.0%
        Dec-21            Dec-22              Dec-23          Dec-24               Dec-25                 Dec-21        Dec-22                Dec-23               Dec-24               Dec-25
                                                                                                                                                                                                               29
Page 30
Loan Composition

 Loan Mix by Segment   (IDR Bn)                             Loan Growth Strategy

                                                                      % yoy                       Main contributors for growth

                                                                                      Focusing on housing    - related higher yield whilst
                           400,576
                                          Total Loan                11.9%             excelling in mortgages

                                          Corporate Loan    70.7%                     Continuing  to build up corporate segment              with
      357,973               50,066                                                    key focus on the housing - related sectors
      29,332                13,887
                            8,237
       15,237                     9,092                                               Targeting high - growth SME sectors (KUR) within the
        7,813
                                          Commercial Loan   - 8.9 %                   housing ecosystem
             8,652

                                                                                      Tapping captive mortgage market with extensive soft
                                          Consumer Loan     5.4%                      loan (KRING) offers also optimizing Payroll - based
                                                                                      loans with several new institutions
                                                                              13.1%
                                                                                      Optimizing home equity loans (KAR) from existing
                                          Other Housing      5.1%                     performing mortgage customers through tele sales,
                                          Loan                                        upselling and cross selling for existing customers
                           304,226
      279,800
                                                                                      ▪ Pursuing a sustainable growth in housing loans
                                                                                        with subsidized mortgages as the main driver
                                                            8 .7%                     ▪ Disbursing      selectively  on    non - subsidized
                                          Mortgage
                                                                                        mortgage      to non - fixed  income    individuals,
                                                                                        focusing more on the emerging affluent segment
                                                                                        through Sales Center

                                          Construction                                Reprofiling Construction Loan Portfolio
                                                            - 12.1%                   Focus on landed house and selected TOD high       - rise
                                          Loan
       17,138               15,069                                                    housing projects
      Dec-24                Dec-25
                                                                                                                                                    30
Page 31
Loan Disbursement

Loan by Segment (IDR Bn)    12M21     12M22     12M23     4Q24     3Q25      4Q25      QoQ       yoy      12M24     12M25      yoy

Housing Loan                35,399    47,559    56,893    12,031   13,103    13,834     5.6%     15.0%     57,142    53,127   - 7.03%

Subsidized Mortgage         18,409    24,332    25,632     4,447    7,962      8,186     2.8%    84.1%    24,915     31,756    27.5%

Non - Subsidized Mortgage   10,969    14,363    19,073     4,537     2,517    2,883     14.5%   - 36.5%   19,808     11,332   - 42.8%

Other Housing Loan            1,069     1,349    2,378       679      454       465     2.4%    - 31.5%    2,399      1,681   - 29.9%

Construction Loan            4,952      7,516     9,810    2,369     2,170    2,301      6.0%    - 2.9%   10,020      8,359   - 16.6%

Non - Housing Loan          24,206    40,036    36,794     9,164   11,675    34,011    191.3%   271.1%    34,038    69,486    104.1%

Consumer Loan                 7,182    8,530     3,853       973      931      1,071    15.1%     10.1%     3,216     3,260     1.4%

Commercial Loan              9,036    20,807    14,573     4,645    4,519     9,437    108.8%   103.1%    19,436    24,254     24.8%

Corporate Loan                7,988   10,698    18,368     3,546    6,225    23,503    277.6%   562.9%     11,385    41,972   268.7%

Total Loan & Financing      59,605    87,595    93,687    21,195   24,778    47,844     93.1%   125.7%     91,180   122,613   34.5%

Mortgage                    29,378    38,695    44,705    8,984    10,480    11,068     5.6%    23.2%     44,723    43,088     - 3.7%




                                                                                                                                        31
Page 32
Total Deposits
Customer Deposits                   (IDR Tn)                                                             Cumulative Cost of Deposits                        (%)
    By Segments                Dec - 21     Dec - 22      Dec - 23   Dec - 24   Dec - 25      YoY
                                                                                                                    6.1      6.1        6.1         6.2                    6.1      6.1        6.1
                                                                                                                                                                6.0                                     5.9
CASA                             131.1          156.2       188.0     206.4       213.1       3.3%                  4.2      4.1        4.1                                4.1                                   5.8
                                                                                                           5.3                                      4.1                             4.1
                                                                                                                                                                4.1                            4.1
                                                                                                                                                                                                       4.0
  Current Account                 79.2           114.0      143.5      160.8      169.2       5.2%
                                                                                                                                                                                                                 3.9
  Savings Account                 51.9           42.2        44.5       45.5       43.9      - 3.6%        3.7

Time Deposits                    164.9           165.7       161.9     175.3     224.3      27.9% *                 2.1
                                                                                                           1.8               2.0        2.0         2.0         2.1        2.2      2.2        2.2      2.2      2.1
                                                                                                    **
         Total                  296.0           321.9      349.9       381.7     437.4      14.6%
                                                                                                           2.2      2.5      2.3        2.2         2.1         2.2        2.1      2.0        2.0      1.9      1.9
*13.7 % if exclude IDR25 Tn of Gov't fund placement
** 8 .1% if exclude IDR25 Tn of Gov't fund placement
                                                                                                         12M23    3M24     6M24       9M24         12M24      3M25       6M25     9M25       10M25    11M25    12M25

CASA and Cost of Fund                      (%)                                                           Monthly Cost of Deposits                    (%)
                                         3.7%             4.1%         3.9%
     3.1%             2.6%

                                                                                                           6.1      6.3                             6.4         6.4        6.3
                                                                                                                             6.0        6.2                                         5.9
                                                                                      TD                                                                                                       5.3
                                                                                                           4.1     4.3                  4.1         4.1         4.2       4.2
                                        46.3%            45.9%                                                              4.0                                                     3.9                 4.7
       55.7%          51.5%                                          51.3%           CASA                                                                                                     3.6                4.3
                                                                                                                                                                                                       3.2
                                                                                     CoF (ytd )                                                                                                                  2.9

                                                                                                           1.9      2.0      1.9                    2.1         2.0        2.3
                                                                                                                                        1.9                                         2.3        2.2      1.6      1.2
                      48.5%             53.7%            54.1%       48.7%                                 2.4      2.4      2.0        1.9         2.1         2.1        2.0      1.7
     44.3%                                                                                                                                                                                     1.6      1.5      1.5
                                                                                                         Dec-23   Mar-24   Jun-24    Sep-24    Dec-24         Mar-25     Jun-25   Sep-25     Oct-25   Nov-25   Dec-25

       Dec-21         Dec-22            Dec-23           Dec-24      Dec-25                                                         Current Acc.           Saving Acc.       Time Deposits
                                                                                                                                                     Total Deposits (RHS)
                                                                                                                                                                                                                        32
Page 33
Capital

                          Capital                                  Full Year Of
                                                                                                                  Growth
                         (IDR Bn)
                                    2021            2022              2023          2024           2025
Tier – 1 Capital                       18,532         22,533               27,154     29,834         35,289       18.3%       yoy

Tier – 2 Capital                            7,175      5,635               4,076       2,439          4,277       75.4%       yoy

Total Capital                          25,707          28,168             31,230      32,273         39,566       22.6%       yoy

Total RWA                             134,341         139,631            155,590     174,445         189,133       8.4%       yoy

   RWA – Credit Risk                  110,020         114,318            136,692     149,288        163,884        9.8%       yoy

   RWA – Market Risk                       2,407           1,373              942          6,102          4,901   - 19.7%     yoy

   RWA – Operational Risk              21,914         23,939               17,956      19,056        20,389         7.0%      yoy

CAR Tier 1 (Tier 1/Total RWA)          13.8%           16.2%               17.5%           17.1%      18.7%          156      bps

CAR Tier 2                                 5.3%            4.0%              2.6%          1.4%           2.3%        86      bps

CAR BI ((Tier 1+2)/Total RWA)              19.1%      20.2%                20.1%       18.5%         20.9%           242      bps

Capital Conservation Buffer                0.0%            2.5%              2.5%          2.5%           2.5%            -   bps

Countercyclical Buffer                     0.0%            0.0%              0.0%          0.0%           0.0%            -   bps

Capital Surcharge (D     - SIB)            1.0%            1.0%              1.0%          1.0%           1.0%            -   bps




                                                                                                                                    33
Page 34
Profit and Loss

                    PL Summary (IDR Bn)       4Q24       3Q25         4Q25      QoQ        YoY       12M24      12M25      YoY

Interest Income                                 7,184      8,079        9,760    20.8%      35.8%     29,550     36,339    23.0%

Interest Expense                              (4,373)    (4,664)      (4,096)    - 12.2%    - 6.3%   (17,848)   (17,914)    0.4%

Net Interest Income                             2,811      3,415       5,663     65.8%     101.5%      11,702    18,425    57.5%

Non - Interest Income                           1,846      1,244        1,027    - 17.5%   - 44.4%      4,612      4,174    - 9.5%

Other Operating Expense (Exclude Provision)   (2,798)     (3,102)     (3,402)      9.7%     21.6%    (10,440)   (11,930)    14.3%

Pre - Provision Operating Profit (PPOP)         1,859      1,557       3,288     111.2%     76.9%      5,874     10,669    81.6%

Provision                                       (668)      (819)      (1,694)   106.7%     153.7%     (2,023)    (6,170)   205.1%

Profit From Operations                           1,191       738       1,594     116.1%    33.8%        3,851    4,499     16.8%

Non - Operating Income (Expense)                 (35)           (6)      (74)   1201.8%    114.6%        (78)      (117)   49.3%

Profit Before Tax                               1,156        732       1,520    107.7%      31.4%      3,773     4,382      16.1%

Net Profit                                       925         596        1,198   101.0%     29.6%       3,007      3,501    16.4%




                                                                                                                                     34
Page 35
Profit and Loss Composition               (1/3)


 Interest Income
                                                                                                                                       % portion
              Interest Income (IDR Bn)       4Q24          3Q25        4Q25         QoQ        YoY      12M24     12M25      YoY
                                                                                                                                       of 12M25
 Placement with Bank Indonesia                       70        89         176        98.4%     153.0%      539       441    - 18.2%        1.2%
 Placement with      other bank                       4           4            8   103.8%      111.7%       27         27     - 1.1%       0.1%
 Securities                                         597      660        1,082       63.9%      81.3%     2,394     3,032     26.6%         8.3%
 Loan                                             5,620     6,392       8,015       25.4%      42.6%     23,185   29,636     27.8%        81.6%
 Others                                              28            5           5    - 8.0%    - 83.2%      100        26    - 74.2%        0.1%
 Income from Syariah                                866      929          474      - 48.9%    - 45.2%    3,305      3,178    - 3.8%        8.7%
                         Total                    7,184    8,079       9,760       20.8%      35.8%     29,550    36,339    23.0%       100.0%


 Interest Expense
                                                                                                                                       % portion
              Interest Expense (IDR Bn)      4Q24          3Q25        4Q25         QoQ        YoY      12M24     12M25      YoY
                                                                                                                                       of 12M25
 Deposits from Other Banks                           54            5           7    24.6%     - 87.3%      257        34    - 86.6%        0.2%
 Deposits from Non     - Banks                    3,704     4,163       3,469      - 16.7%     - 6.3%    14,919    15,670     5.0%        87.5%
 Securities Issued                                   76        46          46        - 1.3%   - 39.7%      393       242    - 38.4%        1.4%
 Fund Borrowings                                    522      442          563       27.6%       8.0%      2,190     1,914   - 12.6%       10.7%
 Others                                               17           7          11    61.6%     - 36.1%       90        53    - 41.2%        0.3%
                         Total                    4,373    4,664       4,096       - 12.2%     - 6.3%   17,848     17,914     0.4%      100.0%



                                                                                                                                                   35
Page 36
Profit and Loss Composition                                      (2/3)

 Non - interest Income

                 Non - interest Income (IDR Bn)                              4Q24          3Q25        4Q25        QoQ               YoY           12M24          12M25             YoY

Non - Recurring Income                                                        1,406              816     455       - 31.9%          - 60.5%            3,071         2,451         - 17.6%
  Gain from Treasury Transaction                                                310              396      269      - 32.0%           - 13.0%           1,098         1,409          28.3%
  Recovery                                                                      795              159      256       61.2%            - 67.8%           1,238 *)         727        - 41.3%
  Others                                                                        301              261          30   - 88.6%           - 90.1%            735            394         - 46.4%
Recurring Income                                                               440               429      471       10.0%              7.1%            1,541         1,723           6.7%
  Loan Related Transaction                                                      124              103      122        17.5%            - 2.1%            455             416         - 8.7%
  Deposits & Banking Service Related                                            290              293      274       - 6.5%            - 5.7%            984          1,054            7.2%
  Sharia Related Transaction                                                        26            32          76   134.6%            196.3%              102            174         70.7%
                               Total                                          1,846          1,244      1,027      - 17.5%          - 44.4%            4,612          4,174         - 9.5%
  *) Include one   - off recovery from asset sales transaction
                                                                                                          12M25 Non - interest Income                  Breakdown           (%)
  Non - interest Income
  (IDR Bn)                                                                                                                    4.2%
                                                                     4,612
                                                                                         4,174
                                                 3,922                                                                                                            Treasury
                                                                     1,541
                                                                                                                                                                  Recovery
                                                 1,500                                   1,723                      25.3%                      33.7%
         2,488                                                                                                                                                    Others
                             2,233

           1,227                                                                                                                                                  Loan Related
                              1,377                                  3,071
                                                 2,422                                   2,451                                                                    Deposits & Banking Service
           1,261                                                                                                    10.0%
                              857                                                                                                                                 Sharia Related
                                                                                                                             9.4%       17.4%
           2021               2022               2023                2024                2025

                                 Non Recurring           Recurring Income
                                                                                                                                                                                               36
Page 37
Profit and Loss Composition                        (3/3)


 Other Operating Expense (exclude Provisions)

           Other Operating Expense (IDR Bn)                                                                                                            % portion
                                                       4Q24            3Q25       4Q25          QoQ       YoY       12M24        12M25        YoY
                   Excluding Provision                                                                                                                 of 12M25
  Salaries & Employee Benefit                              1,025        1,260      1,335         5.9%     30.3%      4,345        4,869       12.0%      40.8%
  General Administration                                     535         476        494          3.7%      - 7.7%    1,594        1,649        3.5%       13.8%
  Others                                                      35          63             41   - 34.9%      15.8%        191         199        4.7%        1.7%
  Rent, Service & Maintenance                                266         296         371        25.5%     39.5%        860         1,142      32.8%        9.6%
  Depreciation                                               194         209        285         36.1%     47.0%        747         890        19.2%        7.5%
  Promotion                                                  144          146       189        29.4%      30.7%        552         640        16.0%        5.4%
  Collector Fees & Consultant                                347         358        472         31.8%     36.0%      1,239         1,516     22.4%        12.7%
  Insurance Premium                                          199          221       223          0.9%      12.3%       754          871       15.5%        7.3%
  Training                                                     17         45         39        - 14.4%    131.5%       100          132       31.4%         1.1%
  Research & Development                                       5              1           3   285.5%     - 40.3%             7           5   - 32.8%       0.0%
  Other Taxes                                                  2              2           2    - 19.3%    26.4%          15          16        9.2%        0.1%
  Loss (transaction spot, derivative, and forex)                   1      24        (51)      - 313.3%                       7           -                 0.0%
  Marked to Market                                            29              0           0              - 101.2%       29               -                 0.0%

                           Total                           2,798        3,102     3,402          9.7%     21.6%     10,440       11,930       14.3%     100.0%




                                                                                                                                                                   3737
Page 38
Key Financial Ratios
  RO RW A 1 – After Tax                                                                       ROA 2 – After Tax



                                      2.4%                                                                                            0.9%
                      2.2%                                                                                         0.8%
                                                                       1.9%                                                                                 0.7%    0.7%
     1.8%                                              1.8%                                      0.6%




    Dec-21           Dec-22          Dec-23           Dec-24           Dec-25                   Dec-21             Dec-22            Dec-23             Dec-24     Dec-25
  1Calculated based on net profit/average of Total Credit Risk-Weighted asset (RWA)
                                                                                               2Calculated based on net profit/average total asset




  ROE 3 – Tier 1 Capital                                                                      ROE 4 – Balance Sheet

                    16.4%                                                                                         11.8%
                                                                                                 11.1%                               11.5%
    13.6%                           13.9%                                                                                                                          10.3%
                                                                                                                                                        9.6%
                                                     10.8%           11.7%




    Dec-21          Dec-22           Dec-23          Dec-24          Dec-25                     Dec-21            Dec-22             Dec-23            Dec-24      Dec-25

  3Calculated based on net profit/average Tier 1 Capital based on Bank Indonesia regulation    4Calculated based on net profit/total stakeholder’s equity

                                                                                                                                                                            38
Page 39
Asset Quality
Page 40
Update on Risk Management Initiatives
        Enhancing collection practices to a more advanced stage                                 Developing the Loan Factory as a strategic refinement
                  to drive greater process effectiveness.                                                      to improve loan origination.
                                                                                        Through Loan Factory, BTN have centralized consumer loan processing
                                      Collection’s          Business          Process
                                                                                        and portfolio risk management by enhancing service quality, driving
                                      Improvement      with Clustering   Based Model
                                                                                        efficiency,    and ensuring process excellence , with minimal human
                                          ❑ Shifting from branch - based allocation     intervention .
                                            to a regional cluster approach         in
                                            collection area management .                         Before                                      After
                                          ❑ Delivers higher efficiency and better
                                            collection teams' productivity .                1    Regionalized                          1    Centralized



 Progress in Cluster Collection in Jatim
 Bali Nusra Regional Office (Phase 1 )                     What’s     Next?
  1   Monthly Visit/collectors Improved              BTN will gradually expand the
                                                     business     process in other
                                   17.4%             regional offices .
      288             338                                                                   2    Regional Based Model                  2    Segment Based Model

       (Before)        (After)                                                                                                        Loan        Factory       implements
                                                                                           Analysis and underwriting within           centralized     and standardized
                                                                                           the loan origination process are           processes , with loan origination
  2   Asset Sales per Month                                                                executed at each regional areas            managed           separately      for
                                                                                           through RLPC .                             Subsidized, Non - Subsidized, and
      Increased by
                           222.7 %                        West Java      Jakarta I
                                                                                                                                      Consumer segments .

                                                                  Jakarta II                3   Monoline Organization                       Establishing New
                                                                                                                                       3
  3   Upgrade NPL to PL                                                                         Structure                                   Organization Structure
                                                      Cluster Collection Project be                                                                       Loan Factory
                                                                                            Retail Risk            Regional
                                                      implemented in 3 Regional
      Improved by
                              55.2 %                  Offices .
                                                                                             Division
                                                                                              Credit
                                                                                                                  Retail Risk
                                                                                                                Regional Loan
                                                                                                                                      Operational
                                                                                                                                      Risk Control
                                                                                                                                                            Risk Head
                                                                                                                                                          Loan Factory
                                                                                            Operation            Processing                                 Opt. Head
                                                                                             Division               Center

                                                                                                                                                                              40
Page 41
Loan Quality
                                       Dec - 2 1                     Dec - 22                     Dec - 23                                      Dec - 24                           Sep - 25                            Dec - 25
           Collectibility
                               IDR Bn               %           IDR Bn           %           IDR Bn          %                       IDR Bn                %               IDR Bn                  %              IDR Bn              %
Current                        252,244             91.8 %       268,077          89. 9 %      297,251        89.1%                   312,598            87.3%           328,349                  86.2%           350,674             87.5%
Special Mention                 12,412              4.5%         20,134           6. 8 %       26,399         7.9%                    34,057             9.5%            39,533                  10.4%            37,545              9.4%
Performing Loan (PL)          264,656              96. 3 %      288,211          96.6%      323,649          97.0%              346,655                 96.8%            367,881                96.5%            388,219             96.9%
Substandard                           222            0. 1%          580           0. 2 %          571         0.2%                             872         0.2%                 1,078             0.3%                614             0.2%
Doubtful                              484           0. 2 %          888           0.3%           678          0.2%                      1,940              0.5%                 1,597             0.4%               869              0.2%
Loss                              9,47 3            3.4%           8,60 2         2. 9 %       8,800          2.6%                    8,506                2.4%                10,474              2.7%            10,874             2.7%
Non Performing Loan (NPL)        10,185             3.7%         10,070           3. 4 %      10,049          3.0%                    11,318               3.2%                13,149             3.4%             12,357             3.1%
Total Loan & Financing         274,841          100.0%          298,282      100.00%         333,698     100.0%                 357,973               100.0%            381,030             100.0%               400,576        100.0%
NPL Gross                              3.7 0 %                        3. 38 %                      3.01 %                                       3.16%                              3.45%                               3.08 %
NPL Nett                               1.2 0 %                        1.3 2 %                      1.32 %                                       1.89%                              2.00%                               1.70%


NPL Breakdown by Segment                                                                                             Quarterly SML                   Trend
       By Segment (%)       Dec - 21 Dec - 22        Dec - 23        Dec - 24     Sep - 25    Dec - 25

Housing Loan                  3.5%       3.4%           3.2%             3.3%        3.8%       3.5%
Subsidized Mortgage           0.8%          0.9%         1.5%             1.7%       1.6%        1.4%
Non - Subsidized Mortgage     2.6%          1.9%         2.0%             3.7%       5.7%       5.3%
Other Housing Loan            3.4%          2.9%         3.7%            4.4%        4.6%       3.9%
Construction Loan            21.3%      26.2%           23.8%         16.0%        16.2%       16.4%




                                                                                                                                                                       10.6%
                                                                                                                                       10.4%




                                                                                                                                                                                                         10.4%
                                                                                                                                                                                                  9.7%
                                                                                                                                                        9.5%




                                                                                                                                                                                                                              9.5%
                                                                                                                                                               9.4%




                                                                                                                                                                                                                                      9.4%
                                                                                                                              9.1%




                                                                                                                                                                                         9.3%
                                                                                                                       8.8%
Non - Housing Loan            5.2%       3.4%            1.9%         2.4%           1.4%        1.1%




                                                                                                                                                                                                                       7.9%
Consumer Loan                  1.2%         1.1%         1.6%             1.5%       1.6%        1.2%
Commercial Loan              15.3%          9.4%         6.2%             7.3%       5.6%       4.8%
Corporate Loan                0.2%          0.6%         0.1%             0.1%       0.0%       0.0%
                                                                                                                              Mar                              Jun                               Sep                          Dec
Total Loan & Financing        3.7%       3.4%           3.0%             3.2%        3.4%       3.1%
Mortgage                      1.5%          1.3%         1.7%            2.5%        3.2%       2.9%                                                                  2023        2024          2025
                                                                                                                                                                                                                                             41
Page 42
NPL, Cost of Credit and New Loan Booking Quality
NPL & NPL Coverage                                                                                         Day Past Due (DPD) of 12                              - months Loan Booking

   141.8%                 155.7%                     155.2%               115.4%                123.9%

    3.7%                    3.4%                      3.0%                                                            1.0%
                                                                                                                                 0.9%
                                                                                                                                                     0.8%
                                                                          3.2%                      3.1%
                         15.7                    15.6                                        15.3                                                                          0.7%                  0.7%
   14.4                                                                13.1                         12.4
            10.2                    10.1                    10.0             11.3                                                                                                                                      0.5%
                                                                                                           0.7%                                                  0.7%                 0.7%
                                                                                                                                            0.7%
                                                                                                                                                                                                            0.5%                            0.3%
                                                                                                                                                                                                                                  0.4%

     Dec-21                 Dec-22                   Dec-23             Dec-24                Dec-25
                          Provision Amount (IDR Tn)                NPL Amount (IDR Tn)                     Dec-24     Jan-25     Feb-25     Mar-25    Apr-25     May-25    Jun-25     Jul-25     Aug-25     Sep-25     Oct-25     Nov-25    Dec-25
                          NPL Coverage (%)                                NPL (%)


Cost of Credit                                                                                             Day Past Due (DPD) of 24                              - months Loan Booking
              Annualized Provision Charge (IDR Tn)                      Cost of Credit (%)
                                                                                                                                 10.4%
     1.3%                   1.4%                                                               1.6%                                                    9.9%
                                                     1.2%                                                    10.0%
                                                                         0.6%                                                                                     9.2%
                                                                                                                                                                            8.7%
                                                                                             6.2                                                                                                  8.4%
                                                                                                                                             9.0%                                                            8.0%
                                                                                                            7.8%
       3.6                   4.0                     3.7                                                                                                                                                                           7.3%
                                                                                                                                                                                       8.2%
                                                                        2.0                                                                                                                                             7.7%                 6.5%


      FY21                   FY22                    FY23               FY24                 FY25            Dec-24     Jan-25     Feb-25    Mar-25     Apr-25    May-25     Jun-25     Jul-25     Aug-25     Sep-25     Oct-25    Nov-25     Dec-25


                                                                                                                                                                                                                                                       42
Page 43
LAR and Total Restructured by Segment
LAR & LAR Coverage                                                                                            Total Restructured Loan by Segment
 26.8%
                        23.2%                  22.1%                                                              23.5%                19.4%          16.8%                                16.2%
                                                                                                                                                                           15.4%                            15.8%
                                                                  19.7%          20.7%             19.8%
                        22.6%
                                               21.1%                                                          (IDR Bn)
 19.6%                                                            18.6%          18.5%             19.4%
  (IDR Bn)
                                                                                                                   64,463                                                                                   63,093
                                                                                                                       294                                                                 61,895
                                                                                 78,738            77,545       104
                                                                                                                      3,094
                                                                                                                                          57,829
                                                                                                                                                      56,194                                                  5,346
                                                                                                                                                                           55,236           5,401
                                               70,406          70,344             5,438            5,379                                     3,642                                                     93      1,875
                            69,315                                                  2,574                             14,334                              4,829                       86    1,899
 66,540                                                                    360                        2,634                                  2,990                            6,211         5,282
                                                                                                                                                                                                               5,181
       294                   3,642              4,992             6,211           6,458        326                                   91
                                                                                                   6,315                                                  3,276                                                1,768
              3,629              3,495          3,751                             2,142                                                              85                      2,563          1,781
236                   259                298                      3,053                            2,086                                                                68
                                                            319                                                        2,537               12,255
                                                                  6,949                                                                                   8,795              6,053
      14,472                13,384              9,930
                                                                  1,760                                                                                                       1,448
                                                1,937                                                                                        1,957         1,666
                             2,194                                                                                                                                                         23,830             25,157
      2,789                                                                      29,993            30,513
                                                                                                                      23,167
                                               22,412             24,311                                                                                                     19,378
                                                                                                                                          19,084          18,976
                            22,011
  23,576



                                                                                 31,772            30,292                                                                                  23,615             23,673
                            24,328             27,086             27,741                                              20,932                              18,568             19,515
  21,544                                                                                                                                  17,808



  Dec-21                    Dec-22             Dec-23             Dec-24         Sep-25            Dec-25             Dec-21              Dec-22          Dec-23             Dec-24        Sep-25             Dec-25

        Subsidized Mortgages                    Non-Subsidized Mortgages         Other Housing                           Subsidized Mortgages              Non-Subsidized Mortgages         Other Housing
        Construction Loan                       Consumer Loan                    Commercial Loan                         Construction Loan                 Consumer Loan                    Commercial Loan
        Corporate Loan                          Total                             % LAR                                  Corporate Loan                    Total Loan                       % of Total Loan
         % LAR Coverage                                                                                                                                                                                                43
Page 44
LAR and Restructured Loans

                         LAR by Collectability (%)                                                Total Restructured Loan by Collectability (%)



                                                                                        9.7%            12.1%       11.6%        13.1%        13.5%     12.2%
     13.8%    14.5%           14.3%         16.0%       16.7%          15.9%            11.3%
                                                                                                        20.3%       27.9%
     16.9%
              29.0%                                                                                                              40.6%        44.4%     44.0%
                              37.5%
                                            47.6%       50.2%          48.4%
                                                                                        79.0%
                                                                                                        67.6%       60.4%
    69.3%
              56.4%                                                                                                              46.3%        42.1%     43.8%
                              48.2%
                                            36.4%       33.1%          35.6%

                                                                                       Dec-21         Dec-22       Dec-23       Dec-24        Sep-25   Dec-25
    Dec-21    Dec-22          Dec-23       Dec-24       Sep-25         Dec-25


                       LAR by Collectability (IDR Bn)                                           Total Restructured Loan by Collectability (IDR Bn)

                                                        78,738         77,545          64,463                                                          63,093
    73,519                                                                                                                                   61,895
              69,315          70,406       70,344                                                    57,829        56,194
                                                         13,149                         6,266                                   55,236                  7,667
                                                                        12,357                                                                8,362
     10,179                                                                             7,268           7,002
               10,070          10,049       11,280                                                                  6,546        7,258
     12,412                                                                                             11,717
               20,134                                                                                              15,689                     27,477   27,782
                               26,399                   39,533         37,545                                                   22,402
                                            33,489

                                                                                       50,928
     50,928                                                                                             39,110
               39,110                                                                                              33,959
                               33,959                                                                                            25,576       26,057   27,643
                                            25,576      26,057         27,643


     Dec-21   Dec-22          Dec-23        Dec-24      Sep-25         Dec-25          Dec-21         Dec-22       Dec-23       Dec-24       Sep-25    Dec-25


                                                                  Current        SML              NPL
                                                                                                                                                                44
Page 45
ESG Update
Page 46
BTN ESG Journey
BTN aims to establish a sustainable   business   processes   by integrating environmental,   good governance,   and social values in a comprehensive
ESG framework .

                                                                                                                             2025
                                                                                                                             2025
                                       2023
                                       2023                                                                                 ▪ Obtaining an upgraded ESG MSCI
                                       ▪ Establishing   ESG framework,                                                        Rating from BBB to AA
                                         roadmap,        and        initiative                                              ▪ Launching     ”Pay Your Mortgage
                                         strategies   in 2023 - 2028 to                                                       Installment With Waste ” program
                                         Become an ESG Champion                                                             ▪ Scaling     up the low emission
                                       ▪ Forming a dedicated ESG Unit                                                         housing program to 10,000 units
                                         (Enterprise     &     ESG        Risk                                              ▪ Hosting Queen Maxima visit to
                                         Management        Division)      and                                                 BTN’s      houses     that   supports
                                         establishing an ESG committee                                                        inclusivity and accessibility for low
                                       ▪ Joining UNEPFI Signatory                                                             to middle income communities
                                                                                                                            ▪ Publishing     Sustainable    Finance
                                                                                                                              Framework       and Social    Finance
    2019                                                                          2024
                                                                                  2024                                        Framework
                                                                                                                            ▪ Issuing Social Bonds
     ▪ Publishing    BTN’s 1st                                                    ▪ Launching 1,000 low emission
       sustainability report                                                        housing program
                                                                                  ▪ Obtaining     Platinum     Green
                                                                                    Building certification  for BTN
                                                                                    Tower 2
                                                                                  ▪ Implementing        a    uniform
                                                                                    recycling program (repurposing
                                                                                    old corporate logo uniforms into
                                                                                    souvenirs)




                                                                                                                                                                      46
Page 47
BTN ESG Framework :                       The Future of Finance
BTN aims to establish     a sustainable   business     processes    by integrating   environmental,   good governance,   and social values in a comprehensive            ESG
framework .



                                      The Future of Finance
                                                                                                                            BTN’s ESG Roadmap
                                                      ESG in Value Chain                                                                           Accelerate Phase
                                                                                                                                                   (2026 – 2028 )
                                     Climate Change & Ecosystem




                                                                                                                    Advance Phase
                                                                                                                     (2025 – 2026)



            Sustainable Finance                                            People & Community
                                    Stakeholder   Inclusiveness
                                                                                                                                                                      Action
                                              Integrated GRC
                                                                                                                                                                      Phase
                                                                                                                                                                      (2023 –
                                                                                                                                                                      2025)
                                                                                                                                 BTN seeks to improve ESG
                                                                                                                                  practices that accelerate
         Governance                                  Risk                              Compliance                                  positive impacts on the
                                                                                                                                   environment, economy,
                                                                                                                                 and society through BTN’s
                                                                                                                                        ESG Roadmap.


                                              Integrated GRC

                                                                                                                                                                                47
Page 48
 Indonesia’s Housing Landscape and the Sustainability Challenge
 As BTN enables millions to achieve home ownership, households remain the largest source of national waste, underscoring the
 urgency to embed sustainability within the housing ecosystem.

                            Empowering Indonesia’s Housing Sector                                      Transforming Households into Sustainability Agents

    As a key player in the housing market, BTN empowers millions of                        Households remain the largest contributors to Indonesia’s total waste,
    Indonesians to achieve their dream home, while supporting a resilient and              generating ~ 46 .3 % of the national waste , yet only 31.3 % is managed
    sustainable housing ecosystem .                                                        through formal waste handling systems .



                                                                                                                                                 Waste Generation
                                                                                                                                                     34.1 Mn ton /year
                                                                                                                                                 Waste Management

                                                                                                                                                     10.7 Mn ton /year
         Key Housing Achievement                     Mortgage Portfolio Composition
                                                                                                            Household wastes comes from:
                              Borrowers
                                                                                              Food Waste                                                    Other Waste
                           >2,2 Mn
                                                    37%
                                Clusters
                                                                                           38.2%                                                            61.8%
                               154,3
                               Thousand                                                      According to the Ministry of Environment and Forestry (KLHK), over 270
                                                                                63%
                                                                                             million Indonesian people produce around 0 .7 – 1.0 kg of waste each day .
                             Developers                                                      This emphasizes the urgent need for waste management and BTN’s role
                                                                                             in fostering environmentally responsible communities .
                                10,9                   Subsidized      Non Subsidized
                               Thousand
Source : Ministry of Environment and Forestry
                                                                                                                                                                          48
                                                                                                                                                                          48
Page 49
Positioning BTN at the Heart of Indonesia’s Circular Economy
Through its role as a financial institution in the housing sector, BTN bridges stakeholders across the circular economy, tran                  sfo rming household waste into
into economic value through          “ Pay Your Mortgage Installment With Waste”           and “Low - emission Housing ” programs.

                           9 Important Actors in Championing Circular Economy
  Source: Lucia Karina, 2019.


                                   ernment
                                                                                                              As one of Indonesia’s leading financial institutions, BTN plays an
                                Gov                                        demia      Ke
                                                                        Aca             y                     essential role in advancing the circular economy agenda through
                                                                                      Le O
                                                                                        a                     the housing sector .
                                                                              Inclu




                                                                                          pi rs
                                                                                    s




                                                                                            nio
                                                                                            de
                                                                          ircular E ive
                                                                                   co




                                                                                               n
                                                                         C                                    Together with families, waste management partners, suppliers, and
                   ducer




                                                                                    no
                                                                                                              developers, BTN develops collaborative solutions that address




                                                                                      my


                                                                                               P u b li c
                                                                                                              waste challenges comprehensively , from upstream through "Pay
                Pro




                                                                                                              Your Mortgage with Waste" program to downstream through "Low -
                                                                                                              emission Housing" program .
                                                                                       h
                                                                        NG         T ec t or
                                  M edia                                     O      Se c



   BTN launches flagship programs to solve waste problem in housing eco from upstream to downstream



                                                                                                            Invaluable Waste
                                                                                                                                        Eco - friendly                Housing
                                                                                                                                       material supplier             Developers


    Household Waste                   “Pay Your Mortgage
                                          With Waste”           Start - Up Waste
                                                                                                            Valuable Waste                                      ‘Low - emission
                                             Program             Management
                                                                                                            Goes to Waste                                       housing” Program
                                                                                                            Market
                                           Upstream                                                                                             Downstream                         49
Page 50
Integrating ESG Principle within the Housing Ecosystem
BTN introduced ”Pay Your Mortgage Installment With Waste” program as a way to integrate ESG priciples into housing clusters to reduce household
waste . This program help borrowers reduce monthly mortgage installments with valuable waste and utilize non - valuable waste into recycled materials .


                                                                         Subsidized Mortgage      V isit &                  Massive Subsidized
                1 Point = IDR 1
                                                                               Interview S ession                          Mortgage Disbursement
                                                 As of Dec 2025




                                                  716
                                                    Kilogram

                                                  Total waste
                                                   collected




                                                    21
                                                     Cluster
                                                 Total Cluster
                                                  with waste
                                                 management
                                                   services



                                                                                                                                                    50



                                                                                                                                                          50
Page 51
Low Emission Housing Project
BTN developed a “Low Emission Housing” roadmap                                          , with a total target of 150,000 housing units by 2029.

                                                                                                         Number of Low Emission Houses Disbursed & Emissions
Low Carbon Emission Roadmap
                                                                                                         Reduced
                                         Advance Phase                      Accelerate Phase                                         Low Carbon                     Total                  Total Waste
    Action Phase                                                                                           Total Supplier                                                                                             Total Emission
 • 15% Eco Material                    • 30% Eco Material                   • 30% Eco Material                                     Emission Houses              Housing Unit                 Avoided
                                                                                                                                                                                                                        Reduction
 • 10.000 Housing     Pilot            • 30 .000   Housing        Pilot     • 50.000 Housing Pilot
   Projects                              Projects                             Projects

                                                                                                           5    Suppliers         22        Developers        11,412
                                                                                                                                                                     Units
                                                                                                                                                                                                57
                                                                                                                                                                                                 Ton*
                                                                                                                                                                                                                     157.6                              2,627
                                               2027                                                                                                                                                                                                      Trees/year ***
         2025                 2026                                 2028               2029                                                                                                                               tCO 2 e**
                                                                                                          Jabodetabek , West       Jabodetabek , West
                                                                                                                                                                                                                                              5            51
                                                                                                                                                                                                                     **) 1kg plastic waste used can avoid 2.7625kg CO     2e

                        Advance Phase                        Accelerate Phase
                                                                                                           Java, and Central
                                                                                                                   Java
                                                                                                                                    Java, and Central
                                                                                                                                            Java
                                                                                                                                                                                       *) 1 housing unit uses 5kg                             1 tree planting:
                                                                                                                                                                                                                     ***) CO2 sequestration from
                                                                                                                                                                                       plastic waste                 0.06 TCO2e / tree / year
                  • 20% Eco Material                         • 30% Eco Material
                  • 20 .000 Housing Pilot Projects           • 40.000 Housing Pilot
                                                               Projects


                                                                                                                                                         • Air circulation by increasing                            List of Suppliers
                                                                                                                               Energy                      ventilation
                                                                                                                               Efficiency                • Window to wall ratio 15% to 30%

                                                                                                                                                                   • Using low flow faucets
                                                                                                                                            Water                  • Proper sanitation
                                                                                                          Low                               Efficiency               management
                                                                                                                                                                   • Having an infiltration well
                                                                                                          Carbon                                                   • Using PDAM for water supply
                                                                                                          Emission
                                                                                                          House                             Waste                    Conducting waste sorting with
                                                                                                                                                                     appropriate waste bins                         These suppliers offers
                                                                                                                                            Management
                                                                                                                                                                                                                    interlock bricks, paving
                                                                                                                                                          •      Have carbon absorbing plants                       blocks, and floor decks
                                                                                                                                                                 (1tree per house)
                                                                                                                                 Pollution                •      Eco - friendly materials minimum
                                                                                                                                                                                                                    made        of   recycled
                                                                                                                                 Reduction                       15% per house                                      materials .
                                                                                                                                                          •      Green and open spaces in house
                                                                                                                                                                 and public facilities minimum 10%



                                                                                                                                                                                                                                                                        51
                                                                                                                                                                                                                                                                        51
Page 52
BTN ESG Development Plan in the Future
BTN aims to broaden the geographic    coverage   of the “Low - Emission   Housing ” and “Pay Your Mortgage    Installment   With Waste ” initiatives across
Indonesia .

                North Sumatra
                ▪ Medan                                                                                                     BTN will expand       the “Low -
                                                                                        East Kalimantan                     Emission    Housing”    and “Pay
                                                                                                                            Your Mortgage Installments with
                                                                                        ▪ Balikpapan
                                                                                                                            Waste” programs to 8 provinces
                                                                                                                            and 15 regencies/cities    across
                                                                                                                            Indonesia .




West Sumatra
                                                                          Bali
▪ Padang
                                                                          ▪ Denpasar


       Banten
                       West java
       ▪ Tangerang
       ▪ Serang        ▪ Bogor           Central Java                                             Implemented    in 2025
                       ▪ Bekasi                                  East Java
                                         ▪ Kendal                                                 Expanding   to more geographical    areas in 2026
                       ▪ Karawang                                ▪ Surabaya
                       ▪ Bandung                                 ▪ Madura
                       ▪ Cirebon                                 ▪ Situbondo
                       ▪ Purwakarta                                                                                                                             52
Page 53
Real Impacts on Environmental Sustainability
BTN’s sustainability initiatives have translated into real reductions in emissions, energy use, and paper consumption across                    ope rations.

                                                                                                                                                Less Carbon Footprint
                                              Green Transportation                                   Green Premises                          through Digital Application
                                                Electric     vehicles      for                                                             ▪ Internal letter distribution through
                                   40           operational
                                                (10 electric cars, 2 hybrid
                                                cars,    &     29     electric
                                                                                          8      Installed Solar panels
                                                                                                 and targeting minimum 15%
                                                                                                 of Branch Offices by 2026
                                                                                                                                             digital apps
                                                                                                                                           ▪ Mortgage      applications   through
                                                                                                                                             BTN Properti
                                                motorcycles)                                     and 30 % by 2028 .                        ▪ Management fees , parking fees ,
                                                will be increased around                                                                     and other housing maintenance
                                                200 units by 2029                                                                            through BTN Smart Residence




                                                Transportation Emission                              Solar Panel Efficiency                        Paperless
                                                Reduction

                                       137,143 liters                                        214,969 kWh                                      3,318,019
                                                                                             As of Dec 2025                                   Sheet
                                       As of Dec 2025
                                                                                                                                              Paper reduction

                                                                                                                                                                           53
                                      ~ 331,4
                                                                        53
                                                                     5,523                   ~197.3                     3,287  53             ~ 199.1
                                                                                                                                              tCO2e
                                                                                                                                                                      3,318
                                                                                             tCO2e                                                                       Trees/year
                                                                      Trees/year                                              Trees/year
                                      tCO2e                             Saved*                                                   saved
                                                                                                                                                                            saved




                                *) CO2 sequestration from tree planting: 0.06 TCO2e Environmental
                                                                                    / tree / year Sustainability                                                                      53
Page 54
Advancing Social Impact through Inclusive Housing
BTN expands equitable housing access, uplifts living standards, and nurtures sustainable communities across Indonesia.

                                                                                             Segment by Ages
   Reducing Housing Backlogs                  Affordable Energy Access
                                                                                                        21 - 35 years        36 - 50 years          > 51 years
   Deliver      targeted      housing         Provide      houses      with
   financing    programs    for low -         electricity   at    adjusted,                  0.4%                0.6%                    0.6%                       0.7%
   middle    income     segments    to        affordable rates for eligible                                                                                                    ▪ ~ 77 % of BTN
                                                                                            20.4%                21.7%                  21.8%                     22.0%          Subsidized
   bridge the housing gap .                   income groups
                                                                                                                                                                                 mortgage
                                                                                            79.2%                77.7%                  77.6%                     77.3%          customers   are
                            Subsidized Mortgage                                                                                                                                  Millennials
                                                                                             2022                 2023                       2024                   2025



                                                                                              Segment by Wages                                                                 ▪ As of April 2025,
                                                                                                                                                                                 the government
                                                                                                     up to IDR 4 Mn          IDR 4 - 8 Mn           IDR 8 - 14 Mn                updated the key
                                                                                                                                                                    1.7%         eligibility criteria,
                                                                                                                                                                                 setting the
  Sustainable Communities                   Clean Water & Sanitation                                                                                                             maximum monthly
  Develop inclusive, safe, resilient,                                                        53.1%               62.1%                  60.2%                       61.0%
                                            Ensure reliable access to clean                                                                                                      income to IDR 12
  and sustainable      neighborhoods        water and proper         sanitation                                                                                                  Mn for single -
  within     subsidized       housing       facilities, managed sustainably .               46.9%                37.9%                  39.8%                       37.4%        income and 14 Mn
  complexes .
                                                                                              2022                    2023                   2024                    2025
                                                                                                                                                                                 for joint income in
                                                                                                                                                                                 Jabodetabek area.
                                               191               Subsidized
                                                                 Mortgage
                                  174                            Loan
                                                                                               Segment by Gender
                                                                                                                                                           Male       Female
                     162                                         Outstanding
       146
                                                                 (IDR Tn)                                                                                                      ▪ All genders
                                                                                           33.0%                                                                                 have the same
                                                                 %            of                              34.8%                   35.4%                      36.3%
                                                                 Subsidized                                                                                                      opportunity to
                                                                 Mortgage     of                                                                                                 own a
     48.9%        48.5%         48.6%       47.7%                total BTN Loan
                                                                                           67.0%              65.2%                   64.6%                      63.7%           subsidized
                                                                 Portfolio                                                                                                       house
                                                                                            2022                 2023                   2024                      2026
      2022         2023          2024        2025
                                                                                   Social Welfare                                                                                                        54
Page 55
Sustainable Finance Portfolio
Our sustainable finance portfolio reflects BTN’s journey in turning sustainability commitments into real, measurable impact f                                      or people, planet, and the
economy.

                                        Green Financing                                                                                        Social Financing

                            % of total loan       Loan Outstanding (IDR Bn)                                                              % of total loan            Loan Outstanding (IDR Bn)

                                                                              1.8%                            50.1%                                                50.0%
                                                                                                                                         49.5%                                         49.0%
                                                      1.4%
                                   1.1%                                         7,014
                                                                                                                                                                                      196,432
         0.6%                                                                                                                           165,177                 178,906
                                                       5,025                                                149,366
                                   3,531
          1,805


          2022                      2023               2024                     2025                           2022                          2023                  2024                  2025

                            Sustainable Financing Highlight                                                                                         Social Bonds

  Green Financing                                                                                 Strong Market Appetite Reaching 5.47x Oversubscription
        Environmentally Sustainable Buildings                  Sustainable Water and Wastewater
                                                               Management                                                  0.3                 1 Affordable Housing
        Aligned with National, Regional, and                                                                                                         Financing and/or refinancing of mortgage or
        International Certification Standards                  → IDR 485 Bn
                                                                                                                                                     home ownership with the FLPP scheme
        → IDR 945 Bn                                           Environmentally Friendly
        Energy Efficiency                                      Transportation                                                                  2     Job Creation & Unemployment Programs
                                                                                                                                                     (SME and Microfinance Financing)
        → IDR 453 Bn
        Renewable Energy
        → IDR 1,990 Bn
                                                               → IDR 127 Bn
                                                               Sustainable Natural Resource
                                                               and Land Use Management
                                                                                                             IDR   10        Tn
                                                                                                                                                      • SMEs and MSMEs
                                                                                                                                                      • Support MSMEs borrowers in times of need
                                                               → IDR 3,014 Bn                                                                            (ex . loan restructuring, natural disaster, etc .)
                                                                                                                                               3     Basic Infrastructure
 Social Financing                                                                                                                                    Drinking water supply systems, including water
        Job Creation & Unemployment Programs                   Affordable Housing                 A total of IDR 10 Tn have been approved
        (SME and Microfinance Financing)
                                                                                                                                                     treatment facilities and distribution networks
                                                               → IDR 191,185 Bn                   by the OJK to be disbursed in the next 2
        → IDR 5,247 Bn                                                                            years. BTN have fully allocated IDR 300
                                                                                                   Bn to finance loans for SMEs in 2025.
                                                                                                                                                                                                              55
Page 56
Housing Finance Center (HFC) to Support Housing Industry in Indonesia
Through BTN Housing Finance Centre (HFC),   BTN assists    prospective     new developers   through a learning & advisory   program and providing   basic
education to prospective developers

                                                                                 Mini MBA in Property
                       Housing Finance Center (HFC)                                                                                  Collaboration with SBM ITB
                                                                                                                                     for Mini MBA in Property
                       To become a leading center         for research,
                                                                                                                                     with a total of more than
                       education and consultancy           on housing
                                                                                                                                     800 participants     in 24
                       finance
                                                                                                                                     batches on a regular and 1
                                                                                                                                     batch    on request     (in -
                                                                                                                                     house) .
                             Implementing   the HFC’s flagship work
                             program in seminars, workshops,          and        Advisory Clinic
            Learning         short courses both online and offline in
                             collaboration with well - known universities                                                     T he Advisory Clinic provides a
                             in Indonesia, Islamic boarding schools                                                           platform for participants to take
                             and other stakeholders .                                                                         part in interactive    discussions
                                                                                                                              and consultations     with expert
                             Conducting     collaboration,      coaching,                                                     within the housing sector .
           Advisory          mentoring and carrying        out advisory
                             functions with academics,      practitioners,
                             government and community to training
                                                                                 Public Lecture & S    cientific Speech
                             participants of HFC Program in property
                             sector                                                                                 ❑ BTN actively contributes as a speaker in
                                                                                                                      public lectures and scientific speeches on
                             Research     implementation  within  the                                                 topics aligned with current developments &
           Research          property sphere through various studies                                                  conditions,    such as Green Financing .
                             on the housing market and developing the                                                 These initiatives aim to provide financial &
                             House Price Index (HPI) .                                                                sustainable literacy within universities .
                                                                                                                    ❑ Tapping     into Universitas   Diponegoro ,
                                                                                                                      Universitas     Udayana,   and Universitas
                                                                                                                      Negeri Padang .
                                                                         Social Welfare                                                                            56
Page 57
Human Capital Composition and Policy

       Respectful Workplace Policy                                Management Composition                                                                          ESG Training & Culture

 ❑ Recognize and respect differences in diverse
   work environment         with a wide range of
                                                           Commissioner Composition
                                                                  Commisioner        Independent
                                                                                                                   16.7%                               In    achieving    the    goal   of   becoming    an
                                                                                                                                                       # ESGChampion , good internal support from the Bank
                                                                                                                   of the BOD                          is needed . BTN has implemented learning & training
   ethnicities, races, nationalities, skin colors,                                                               composition are
   ages, religions, genders, disabilities, or other                                                                                                    related to ESG for internal Bank employees .
                                                       56%             50%                        43%                women
                                                                                    67%
   characteristics   and perspectives to promote a
   productive environment .                                                                       57%
                                                                                                                  14.3%                               9,975                      16,100                         5                  8
                                                       44%             50%          33%
 ❑ Ensure that everyone is treated equally and                                                                 of the Commissioner                     Completed Self -            Completed ESG             Employees         ESG related
   have the same opportunity accessing           the                                                              composition are                       Learning ESG             learning & training       become BUMN            cultural
                                                           2022        2023         2024          2025                                                    awareness              (delivered online &           Green
                                                                                                                       women                                                                                                   initiatives in
   facilities and infrastructure .                                                                                                                    (delivered online)                onsite)             Ambassador              2024
 ❑ Create a working environment           of mutual
                                                                  Gender Diversity                                                                     ESG Curriculum
   respect , non - discrimination, and harassment in
   any form .                                                                                                                                          1. Responsible Marketing and Product
                                                                                                                                                                                                         7. AML/CFT
                                                                                                                                                         Activities
                                                                      47%           48%               49%       50%                                    2. Data Privacy Governance                        8. Tax Avoidance
                                                                                                                              Female
      Diversity, Equity and Inclusion Policy
                                                                                                                                                                                                         9. Compliance with International
                                                                                                                                                       3. Data Security Issues
                                                                      53%           52%               51%       50%           Male                                                                         Regulations
              BTN provides broad opportunities                                                                                                                                                           10. Anti-Bribery and Anti-
                                                                                                                                                       4. ESG Risk Identification
                                                                                                                                                                                                           Corruption
              for all parties to contribute to BTN                     2022          2023             2024      2025
              by implementing policies related to                                                                                                      5. Mentorship                                     11. Code of Ethics
              Diversity,    Equity and Inclusion                  Employee Composition
                                                                                                                                                       6. Diversity and Guidelines
              (DEI) in the company's        Human
              Capital operations .                                               of the Top Management                 (as of Dec - 25)
                                                       > 19.9 % composition are women                                                                               ESG Knowledge Portal
                                                                                                                         Top Management*)
       Employee Wellbeing Program                      > 23 Disabled Employees                                     Manager & Senior
                                                                                                                                      2 .3 %                                                           The ESG Knowledge
                                                                                    Staff & Officer
                                                              By
                                                                                                                       Manager                                                                         Portal is an internal
                                                       >                                                                                                                                               platform integrated in
       BTN implemented Employee Well - Being                G rade                      61.5%                          36.1%
       Framework mandated by BUMN to keep                                                                                                                                                              BTNBest        as      a
       stakeholders healthy, safe, and happy as                          *) Consists of AVP, VP, SVP and EVP                                                                                           education      channel
       well as improve EVP, additional value, and                                                                                                                                                      accessed      by    the
       performance of individuals and business         > By Age                   ≤30                          31 - 50                         ≥51                                                     employees regarding
       units .                                                                  39.5%                           53.8%                          6.8%                                                    the importance       of
                                                                                                                                                                                                       ESG principles .

                                                                                                                                                                                                                                            57
Page 58
Governance Sustainability Highlight

        Gratification                                        Data Privacy & Cyber Security               ESG Aspect in Credit Analysis


                        The           Gratification                     Data Privacy has become
                                                                                                                    To create impact through
                        Control Unit is a unit in                       BTN's      main priority to
                                                                                                                    Sustainable Finance , BTN
                        the Compliance           and                    protect     customer     and
                                                                                                                    is committed to provide
                        Governance         Division                     internal data . In 2024 , 67
                                                                                                                    policies related to ESG
                        with a task to receive                          employees and 5 people
                                                                                                                    aspects in loan analysis .
                        gratification       reports                     from IIKPA are given the
                        and reports        to the                       Anti     Corruption    certi -
                        Komisi Pemberantasan                            fication .
                        Korupsi (KPK) .


         Whistle Blowing System (WBS)                         Signatories                                Anti - Money Laundering


         https://btnsiips.tioffs.info
         Email : btnsiips@tipoffs.info                                                                               BTN strengthens aspects
                                                                                                                     of corporate governance
                                                                                                                     by enhancing        policies,
         Msg./WA + 62 813 8870 1117                                                                                  and     implementing      the
         Telp.   + 62 21 - 5092882/3                                                                                 awareness      related      to
                                                                                                                     Anti - Money Laundering
 The objective of the Company's WBS is to                                                                            (APU) & Prevention          of
 strengthen internal control mechanisms to                                                                           Terrorism        Financing
 support business growth, through :                                                                                  (PPT)

 ❑ Early     detection     and    prevention       of   BTN has joined national and international
   irregularities or violations ;                       environmental  and social sustainability
 ❑ To build an open, sincere, honest,            and    communities .
   responsible work climate .

                                                                                                                                                      58
Page 59
Governance Sustainability Highlight (2/2)

     Compliance Management System                 Anti Anti Corruption                      Anti Bribery

                 BTN        obtained       ISO                    BTN      has  an Anti              BTN     implemented      Anti
                 Certification    37301 :2021                     Corruption    Program              Bribery         Management
                 on Compliance Manage -                           and Forum consisted                System (ISO 37001 :2016 ) in
                 ment      System     in 30                       of      96    Certified            16 areas : Credit        Risk,
                 December 2022 applied in                         Integrity       Officer            Commercial          Banking,
                 the       Compliance         &                   (CIO) and 67 Anti                  Corporate Banking, MSME,
                 Governance          Division,                    Correuption                        6 MSME restructured units,
                 which               includes                     Instructor     (PAKSI)             4    Commercial     Business
                 compliance,        corporate                     certification    across            Center      (CBC),     Credit
                 governance,     and money                        all units .                        Operations,               and
                 laundering        prevention                                                        procurement .
                 functions .


      Anti Fraud Sub Committee                    ESG Committee                             ESG Principles



                                                          BTN        established     ESG                   BTN        integrated   ESG
                 BTN established an Anti                                                                   principles    to 76 internal
                 Fraud Sub Committee to                   Committee         to supervise
                                                          and            drive        the                  polcies        ensure   ESG
                 supervise and implement                                                                   principles are embedde d to
                 Anti Fraud Strategy                      implementation         of  ESG
                                                          principles     on the Bank’s                     the Bank’s operational and
                                                          business .                                       strategic framework .




                                                                                                                                          59
Page 60
Multiple Accolades Awarded to BTN for its Excellence in Governance and Sustainability
Performance

                  ACGS Rating                                                       CSR HUB                                                              Refinitiv


                                                                                                          Low
                                                                                    Top
                                                                                                                 Combined ESG Score                          B+

                                                                                               75
                with overall score    of
                                                               ESG Ranking (%)                                                                                          Bank BTN’s ESG

             120.75                                            Compared Within
                                                               43,262 Companies
                                                                                                                Environmental
                                                                                                                 Pillar Score
                                                                                                                                       Social Pillar
                                                                                                                                         Score
                                                                                                                                                        Governance
                                                                                                                                                        Pillar Score
                                                                                                                                                                        performance ranked at
                                                                                                                                                                        78 out of 1,158 Banking
                                                                                                                                                                        Services Company as
               Top 5 Indonesia PLCs                                                                                                                                     assessed by Refinitiv
                ASEAN Asset Class                                                                                    C                      A-                   B
                      Threshold

                                                                                                                           Corporate Governance Perception Index
                 MSCI ESG Rating                                       Included in some ESG Indices
                                                                                                                                            (CGPI)
                                           (as of Sep - 25 )

                                                                                  IDX LQ45
                                                                                  Low Carbon Leaders

                                                                                                                                                          91.8         with overall score   of
                                                                                  SRI Kehati Index
           AA Leader
                                                                                                                                                91.5


                                                                                  1. SRI Kehati
                                                                                  2. ESG Sector Leaders
                                                                                                                  90.0
                                                                                                                                90.5                                      91.8
                                                                                  3. ESG Quality 45                                                                          Category :
    A company with a mixed or unexceptional                                                                                                                                “Most Trusted
  track record of managing the most significant                                                                                                                              Company”




                                                                                                                                                          2025
                                                                                                                    2022



                                                                                                                                 2023



                                                                                                                                                 2024
      ESG risks and opportunities relative to                                                                                                                           Top 50 ASEAN PLCs
                    industry peers

                                                                        Governance Sustainability                                                                                                 60
Page 61
Bank Only : Financial
Highlights
Page 62
Financial Snapshots                                  – BTN’s Bank Only
             Financial Highlight      *)                      Dec - 21                  Dec - 22                 Dec - 23                 Dec - 24                Dec - 25                      yoy Growth (%)

 Asset/ Liabilities
 Total Assets     (IDR Bn)                                         371,868                  402,148                  438,750                  469,615                  462,463                    - 1.5%      yoy
 Total Loan & Financing          (IDR Bn)                          274,835                 298,282                   333,698                  357,973                  345,703                   - 3.4 %      yoy
 Total Deposits       (IDR Bn)                                     295,976                  321,937                  349,933                  381,667                   378,712                  - 0.8 %      yoy
 Profitability
 Net Profit (IDR Bn)                                                  2,376                    3,045                     3,501                  3,007                     3,425                  13.9 %       yoy
 NIM                                                                   4.0%                     4.4%                      3.8%                   2.9%                      4.3%                      138      bps
 CIR                                                                 48.2%                     46.7%                    45.3%                   57.1%                    49.2%                    (795 )      bps
 RoE (Tier - 1)                                                       13.6%                    16.4%                    13.9%                   10.8%                      11.6%                      82      bps
 RoA (Return on Asset)                                                 0.8%                      1.0%                       1.1%                 0.8%                      0.9%                           6   bps
 Asset Quality
 NPL (Gross)                                                           3.7%                     3.4%                      3.0%                   3.2%                      3.2%                           0   bps
 Loan at Risk (LAR)                                                  26.8%                     23.2%                     21.1%                  19.7%                    20.5%                        82      bps
 NPL Coverage                                                       141.8%                    155.7%                   155.2%                  115.4%                   127.6%                     1,221      bps
 Cost of Credit (CoC)                                                  1.3%                      1.4%                     1.2%                   0.6%                       1.9 %                    131      bps
 Liquidity
 LDR                                                                 92.9%                     92.7%                    95.4%                  93.8%                      91.3%                    (251)      bps
 LFR                                                                  81.0%                    81.8%                    83.2%                  83.2%                     82.3%                      (85 )     bps
 CASA                                                                44.3%                    48.5%                     53.7%                   54.1%                    46.9%                     (719)      bps
 Capital
 CAR (Tier 1)                                                         13.8%                     16.1%                    17.5%                  17.1%                     16.7%                     (43)      bps
 Total CAR                                                            19.1%                   20.2%                     20.1%                   18.5%                     19.0%                       52      bps

*) The numbers shown from 2021        – 2024 are at consolidated figures, while for 2025 numbers are including BTN’s Sharia Business Un                it Pre Spin - Off (from 1 Jan 25   – 18 Dec 25).
                                                                                                                                                                                                                    62
Page 63
Initiatives in 2026
Page 64
CASAvolution                     : A Solution - Driven Strategy to Acquire Targeted Customers
                                  Streamlining     CASAvolution                                               Diversifying Loan Portfolio & Fostering Partnerships

 Reinforcing the bank’s funding base through CASA                                                 Optimizing loan     portfolio through acquisition        and leveraging partnerships
  1 Tapping into new to bank (NTB)                  3 Revitalizing borrower’s products                         Consumer Loan                                             SME
      acquisition
                                                        Leveraging    existing   borrower to
      ▪ Targeting lifestyle, payroll, and               increase engagement,     balance, and      ▪ Focusing     on partnerships         with    ▪ Leveraging    potential databases of
         entrepreneur segments .                        product holding .                            segmented developers to capture                performing and fully settled KUR, as
      ▪ Weekly acquisition program to                                                                consumer      loans also expanding             well as non - fixed income mortgage
         drive CASA inflows (3 savings + 1          4 Expanding payroll ecosystem                    supply and demand ecosystems .                 borrowers .
         current account per branch) .                   Leveraging              institutional     ▪ Cross     selling      across    existing    ▪ Driving      acquisition     targeting
                                                         partnerships to capture and expand          affluent,    priority,     and    payroll      business owner by deepening and
 2 Optimizing existing consumer base                     payroll accounts and loan .                                                                maximizing     developer  partnership
                                                                                                     segments .
      ▪ Accelerating    acquisition      and                                                       ▪ Accelerating      market      expansion        ecosystems .
        transaction volume across Bale
                                                    5 Capturing merchant ecosystem
                                                                                                     through secondary         market , while     ▪ Unlocking         growth      through
        by BTN & Bale Korpora platform .                 Transforming     merchants     into         enhancing     loan portfolio through           monetization       of the merchant
      ▪ Expanding     product      holdings              transaction   hubs   and   deposit          top ups and refinancing initiatives .          ecosystem as an additional lending
        through loan facilities .                        generators through EDC and QRIS .                                                          and customer acquisition channel .


                  Strengthening BTN’s Position as a Consumer Bank                                                Revamping PT Pos to Unlock Potential Business

  Expanding beyond                     Building a resilient            Orchestrating Demand       ▪ Rebranding    e’Batarapos     savings             ▪ Optimizing       CASA      growth     by
      mortgage                            funding base                   to Drive Expansion         account to BTN Pos savings account                  leveraging      the     Post   Office's
                                                                                                    in January    2026     through    logo              infrastructure     with fee sharing
                                                                                                    changes, bank book, and debit card .                scheme .
                                                                                                                                                      ▪ Digitalizing    Post Office process
▪ Identifying     prioritized     ▪ Redefining CASA into a           ▪ Building    a proactive                                                          by launching Cardless Post Office
  sectors      within     each      driver for prime loans .           distribution network .                                                           feature on Bale by BTN and online
  regions .                       ▪ Leveraging      QRIS   and       ▪ Proactively   generating                                                         account opening .
▪ Accelerating                      EDC by converting daily            market demand .                                                                ▪ Utilizing the Post Office network
  acquisition of top five           transaction    flows    into     ▪ Targeting top industry                                                           to      further     disburse      BTN’s
  sectors .                         recurring            CASA          players as ecosystem                                                             mortgage within their ecosystem .
▪ Tapping      partnerships’        balances .                         anchors .
  ecosystem .



                                                                                                                                                                                                   64
Page 65
Strategic Theme:                     Broaden Product Propositions & Cross                                               - Selling
                                                                                                                       Redesigning Branches with Customer       - centric
                      Diversifying into Wider Banking Services
                                                                                                                                         Orientation
               Home                                                              KUR Housing         Enhancing Branch Network                     Revamping and Sharpening
           Equity Loan                        Personal Loan                        Program           Classification Structure                     N etwork Organization
            Initiatives                         Initiatives                       Initiatives        ▪ Class     IV Branch serves          as    a   ▪ Area Head serves       as a business
                                                                                                       transitional   hub to upgrade         Sub -     partner to branch offices within the
 ▪ Accelerating        loan     ▪ Introducing   credit card         ▪ Driving           MSME           Branches     with large     portfolio    to     assigned area .
   origination     through        and pay later solutions .           acquisition .                    Branch Class III, vice versa .                ▪ Responsible for setting and breaking
   data optimization .          ▪ Expanding        strategic        ▪ Targeting a disburse -         ▪ Support leadership development for              down business targets for branches
 ▪ Promoting           KAR        partnerships       through          ment of IDR 10 Tn from           Sub - Branch Head before appointed as           under supervision .
   product s within non -         channeling, joint finance,          the IDR 36 Tn national           a Branch Head or Deputy Branch
   fixed            income        and asset buy schemes .                                                                                                                 Regional
                                                                      commitment                       Head .
   segments .                   ▪ Accelerating           loan         ▪ Supply : IDR 8 Tn                   Branch I     Branch II   Branch III                             Area
 ▪ Driving      customer          origination through data            ▪ Demand : IDR 2 Tn
   acquisition     through        optimization and targeted                                                   Sub -        Sub -
                                                                                                                                     Branch IV                   Branch              Sub - Branch
                                                                                                                         Branch I
   digital channel .              customer segmentation .                                                   Branch II




         Building a Holistic                            Broadening the Wholesale                                               Transforming Branches and Elevating
        Housing Ecosystem                                        Portfolio                                                               Customer Journey

             ▪ Boosting mortgage on                             ▪ Expanding         non - housing    Expanding Digital Store presence                 Targeting Diverse Segmentations
               secondary          houses                          commercial & corporate loan        across Indonesia
               through both digital and                           into private and non - SOE
               offline marketing .                                segments     (split into 70 %               Accelerating     Digital   Store
             ▪ Diversifying           loan                        housing & 30 % non - housing                network expansion to ex Jakarta
               portfolio             from                         bank wide in the mid - term) .                                                         Universities     Shopping           One - Off
                                                                                                              regions
               secondary    markets by                          ▪ Strengthening             client                                                                         Centers            Events
               expanding       customer                           engagement through payroll                  Adding new 37 Digital Stores             Penetrating         diverse         customer
               acquisition             and                        and Bale Korpora services .                 nationwide in top 20 cities .            segments     to drive engagement,         boost
               implementing         digital                     ▪ Identifying    and managing                                                          transaction volumes and new account
               onboarding .                                       risks by tailoring strategies                                                        acquisition,      unlock         cross - selling
             ▪ Expanding    distribution                          to the unique characteristics              Bringing a total of 61 Digital            opportunities,    and     transform      public
               channels           through                         of different segments .                    Stores by the end of 2026 .               perception toward a new and modern
               property portals .                                                                                                                      BTN .


                                                                                                                                                                                                          65
Page 66
Appendix
Page 67
BTN’s Network and Distribution as of                                 December 2025


                   Java                            Kalimantan                                Sulawesi
Regional Office                   5    Regional Office                 1   Regional Office                 1

Branch Offices                   49    Branch Offices                  7   Branch Offices                  8
                                                                                                                    National          FY25       FY24       FY23
Sub - Branch Offices            389    Sub - Branch Offices          32    Sub - Branch Offices          30
                                                                                                               Regional Office               8          8          6
Sharia Branch Offices            18    Sharia Branch Offices           3   Sharia Branch Offices           3
                                                                                                               Branch Offices            82         82         81
Sharia Sub - Branch Offices      55    Sharia Sub - Branch Offices    4    Sharia Sub - Branch Offices     2
                                                                                                               Sub - Branch Offices     548        536        541
ATM & CRM                      1,415   ATM & CRM                     133   ATM & CRM                     133
                                                                                                               Sharia Branch
                                                                                                                                         35         35         34
                                                                                                               Offices
                                                                                                               Sharia Sub - Branch
                 Sumatera                 Bali dan Nusa Tenggara                    Maluku dan Papua           Offices
                                                                                                                                         83         75         75

 Regional Office                   1   Regional Office                 -   Regional Office                 -   Outlets                  756        736        737

 Branch Offices                   11   Branch Offices                 4    Branch Offices                  3   ATM and CRM            2,090       2,071     2,150

 Sub - Branch Offices            74    Sub - Branch Offices           15   Sub - Branch Offices            8

 Sharia Branch Offices           10    Sharia Branch Offices           1   Sharia Branch Offices           -

 Sharia Sub - Branch Offices     21    Sharia Sub - Branch Offices     1   Sharia Sub - Branch Offices     -

 ATM & CRM                     307     ATM & CRM                     68    ATM & CRM                     34




                                                                                                                                                                       67
Page 68
BBTN’s Rating, Indices and Shareholder Structure

 Current BTN Ratings From Various
           Rating Agencies                                        BBTN are included in some indices                  Geographics of BBTN Ownership                              (as of Dec - 25)
                                                                  including ESG indices up to Dec             - 25   (of total public Portion)
                                        Upgraded                                                                                                                                               Region Asia
                                                                                                                                                              Euro Region                      86 .0 mn shares
                                 As of October 2025                                                                            USA                            479.1 mn shares
                                                                                                                                                                                                    (1.5%)
                                                                                                                         824.5 mn shares                           (8.5 %)
                                                                   Local Index :                                              (14.7%)
  Outlook                               : Stable                   • LQ 45
  National Short - Term Rating          : F1+ ( idn )              • IDX 80                                                                                                            Indonesia
  National Long - Term Rating           : AAA ( idn )              • IDXFINANCE                                                                                                      4,184 mn shares
  Senior Unsecured                      : AAA                      • IDX BUMN 20                                                                 British Territory
                                                                                                                                                                                         (74.5%)
                                                                   • IDX Small - Mid Cap (IDX SMC) Composite                                        0 .1 mn shares
                                                                   • IDX Small - Mid Cap (IDX SMC) Liquid                 America ex USA                 (0.0%)
                                                                   • MBX                                                    4.0 mn shares
                                                                                                                                (0.1%)                                                                 Australia
                                                                   • Kompas 100                                                                                                                     3 6 .1 mn shares
                                 As of June 2025
                                                                   • Infobank 15                                                                                                                          (0.6%)
                                                                   • IDX Value 30
                                                                   • Investor 33
Outlook                               : Stable                     • ECONOMIC 30
Counterparty Risk Rating              : Baa2/P - 2
                                                                   • Tempo – IDX Financials 52 (High Dividend
Bank Deposits                         : Baa2/P - 2
                                                                      Index)                                                           Shareholder Structure            (as of Dec - 25)
Baseline Credit Assessment            : ba2
Adj Baseline Credit Assessment        : ba2                        • SRI - KEHATI *
Counterparty Risk Assessment          : Baa2 ( cr )/P - 2( cr )    • IDX LQ 45 Low Carbon Leaders *       *)
                                                                   • ESG Sector Leaders IDX Kehati *                                                    **)
                                                                   • ESG Quality 45 IDX Kehati *
                                                                   International Index :
                                                                   • MSCI Indonesia
                                                                                                                         Government of Indonesia *)                                   Public ***)
                                                                   • MSCI Emerging Market (EM)
                                                                   • MSCI EM Small Cap                                                            60%                       40%
                                  As of August 2025                • MSCI EM Investable Market Index (IMI)
                                                                   • FTSE All - World Ex US Small Cap Index
                                                                   • FTSE Global All Cap Index Fund
 Outlook                                : Stable                   • MSCI Total International Stock
 Corporate Rating                       : F1+ ( idn )
 National Long - Term Rating            : AAA ( idn )
 Senior Unsecured                       : AAA                                                                        *) 1% (84 ,206 ,666 Shares) of Serie A Dwiwarna ownership by Government of Indonesia
                                                                                                                     **) 8 ,336 ,459 ,982 Shares of Serie B ownership by Danantara Asset Management
                                                                                                                     ***) Includes 0 .01% share ownership by the Board of Commissioners and Directors
                                                                  *ESG Indices

                                                                                                                                                                                                                       68
Page 69
   Board of Commissioner
   *) Effective following approval of Fit & Proper Test by       Otoritas Jasa Keuangan   (OJK)




                                     Panangian                         Suryo Utomo                        Dwi Ary Purnomo            Pietra Machreza     Paloh
Ida Nuryanti                                                                                       Vice President Commissioner       Independent Commissioner              Fahri Hamzah
Independent Commissioner
                                     Simanungkalit                     President Commissioner                                                                                                       Didyk Choiroel *)
                                     Independent Commissioner                                                                                                                 Commissioner                 Commissioner
Served    as    Head      of        Served    as     President         Served    as Directorate     Currently     serving       as   Served as Commissioner        Currently serving as Vice
                                                                                                                                     of PT Mandiri Energindo                                   Currently    serving     as
Human           Resources           Director   of Panangian            General    of Taxes    of    Assistant   Deputy of Risk                                     Minister of Ministry of
                                                                                                                                     Sejahtera   and   Director                                Secretary    General     of
Department      of     Bank         School of Property .               Ministry of Finance .        Management                and                                  Housing and Residential
                                                                                                                                     Operations of PT Walinusa .                               Housing   and Residential
Indonesia and Head of                                                                               Compliance of Ministry of                                      Area (Kementerian PKP) .    Area (Kementerian PKP) .
Payment             System                                                                          State - Owned      Enterprise
Management Department                                                                               (SOE) .
of Bank Indonesia .




                                                                                                                                                                                                                       69
Page 70
Board of Director                     (1/2)




             Hirwandi Gafar              Nofry Rony Poetra          Oni Febriarto Rahardjo          Nixon L.P. Napitupulu          Setiyo Wibowo                    Eko Waluyo
    Director Consumer Banking        Director Finance & Strategy          Vice President Director   President Director             Director Risk Management         Director Human Capital &
                                                                                                                                                                    Compliance

Served       as      Subsidized                                    Served   as Vice     President   Served   as Vice President     Served as Consumer Credit        Served    as Human Capital
                                   Served as Treasury Division
Mortgage     Lending    Division                                   Director at Perum Perumnas       Director  and Director    of   Risk & Analytics Group Head      Management      Division Head
                                   Head and Head of Regional
Head        and        Business                                    and Director of Commercial       Finance     Planning    and    and Credit      Portfolio Risk   and     Corporate      Secretary
                                   Office I at PT Bank Tabungan
Development     of Subsidized                                      Banking at PT Bank Tabungan      Treasury    at    PT   Bank    Group Head at PT Bank            Division Head at PT Bank
                                   Negara (Persero) Tbk
Mortgage Dept Head at PT                                           Negara (Persero) Tbk             Tabungan Negara (Persero)      Mandiri (Persero) Tbk            Tabungan Negara (Persero)
Bank      Tabungan       Negara                                                                     Tbk                                                             Tbk
(Persero) Tbk




                                                                                                                                                                                                       70
Page 71
Board of Director                               (2/2)
*) Effective following approval of Fit & Proper Test by      Otoritas Jasa Keuangan   (OJK)




            Tan Jacky Chen                                      Hermita          I Nyoman Sugiri Yasa           Rully Setiawan                 Venda Yuniarti
            Director Information                                                                                                               Director Treasury &
                                                                                                                                                                                Helmy Afrisa Nugroho *)
                                            Director Commercial Banking                   Director Operations   Director Network & Retail
                      Technology                                                                                                               International Banking            Director Corporate Banking
                                                                                                                Funding

Served     as Digital    Banking           Served as SEVP Consumer            Served as SEVP Operations at      Served as Interim President    Served      as   Group    Head   Served as Group Head of
Product Development Division               Banking at PT BPD Jawa             PT Bank Rakyat Indonesia          Director of PT Mandiri Utama   Overseas     Banking   Network   Corporate Banking 3 at PT
Head     and   Digital   Banking           Timur Tbk and SVP of Smart         (Persero) Tbk .                   Finance and Director Finance   and Group Head Financial         Bank Mandiri (Persero) Tbk .
Division   Head at PT Bank                 City, Business Optimalization                                        and Risk Management of PT      Institution at PT Bank Mandiri
Tabungan     Negara    (Persero)           at PT Bank Negara Indonesia                                          Mandiri Utama Finance .        (Persero) Tbk .
Tbk .                                      (Persero) Tbk .




                                                                                                                                                                                                               71
Page 72
Thank You.
Investor Relations
PT Bank Tabungan Negara (Persero) Tbk.
Menara BTN 16th Floor
Jl. Gajah Mada No. 1
Jakarta 10130

Email: investor_ relations@btn.co.id
Website: www.btn.co.id

File

File Open PDF
Source IDX
Size12.19 MB
Published9 Feb 2026
Pages72
Characters327,760
Text sourceEmbedded text layer
OCR confidence—

Names mentioned 47 people and organisations named in the text · linked when the evidence is strong

linked org Pembangunan Jaya Ancol Tbk p.11 ×2
linked org Bank Syariah Nasional p.14
linked org Danantara Asset Management p.68
linked person Suryo Utomo p.69
linked person Dwi Ary Purnomo p.69
linked person Pietra Machreza | Paloh p.69
linked person Ida Nuryanti p.69
linked person Fahri Hamzah · Commissioner p.69
linked person Didyk Choiroel · President Commissioner p.69 ×2
linked person Hirwandi Gafar p.70
linked person Nofry Rony Poetra p.70
linked person Oni Febriarto Rahardjo p.70
linked person Setiyo Wibowo p.70
linked person Eko Waluyo p.70
linked person Tan Jacky Chen p.71
linked person I Nyoman Sugiri Yasa p.71
linked person Rully Setiawan p.71
linked person Venda Yuniarti p.71
linked person Helmy Afrisa Nugroho p.71
linked org Bank Mandiri (Persero) Tbk p.71 ×3
possible org Otoritas Jasa Keuangan p.69 ×2
possible org Bank Negara (Persero) Tbk p.70 ×2
possible org PT Bank Rakyat Indonesia p.71
unresolved org Bank Indonesia p.6 ×7
unresolved org Ministry of Finance Policy p.19
unresolved org Ministry of Housing and Residential Area Policy p.19
unresolved org Digital Initiative & Partners p.21
unresolved org Ministry of Environment and Forestry p.48 ×2
unresolved person Completed Self · Commissioner p.57
unresolved org Bank BTN’s ESG p.60
unresolved org Bank Only Financial Highlight p.62
unresolved org Bank Deposits p.68
unresolved — Served · Commissioner p.69
unresolved org PT Mandiri Energindo p.69
unresolved org Minister of Ministry p.69
unresolved org Ministry of Finance p.69
unresolved org PT Walinusa p.69
unresolved org Kementerian PKP p.69 ×2
unresolved org PT Bank Tabungan Development p.70
unresolved org PT Bank Tabungan p.70
unresolved org Negara (Persero) Tbk p.70
unresolved org Mandiri (Persero) Tbk p.70
unresolved org PT BPD Jawa p.71
unresolved org PT Mandiri Utama p.71
unresolved org Timur Tbk p.71
unresolved org PT Bank Mandiri Tabungan p.71

Extraction attempts how the parser did, and what it refused

Nothing structured was extracted from this document — the attempts below say why.

No extraction attempted yet.

Other files in this announcement 1

↑↓ select ↵ open ⇧↵ see every result