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Page 1
PT Bank Syariah Indonesia (Persero) Tbk
Public Expose 2026
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 1
Page 2
OUTLINE
1 Indonesia Macroeconomics Highlight
2 BSI Business Strategy and Positioning
3 Financing Profile & Quality
4 Financial Guidelines
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 2
Page 3
Fiscal Support Helps Offset Soft Household Spending
01) GDP growth in 2025 remained stable, supported 02) The focus on higher fiscal spending to boost consumption and job creation, already showing labor market
by investment and net exports amid soft household improvement, has led to a wider deficit
spending
Quarterly GDP Composition (%) Fiscal Spending Realization Budget Deficit % *Bubble size indicating no. of workers (‘000)
to GDP 8% YoY Avg.
Wage 44.22 262.96
Changes
5.39 6%
Personnel 93.90% 35.73
Expenditure 96.90% 4% 4.73
486.40
139.74 439.83
2% (54.23)
65.68 307.59
Good and 76.30% 0%
(70.10)
services 84.40% No. of Workforce
5.1 -2.92% 110.62 changes
-2%
5.05 2025 (83.22) White Collar
5.02 -4% 92.60
Capital 69% Blue Collar
53.38 62.20
Expenditure 72.50% (8.12) Other
-6%
(200) - 200 400 600
4.87
Social 90.30%
03) Rising incomes have begun to lift household confidence
54.16 54.58 54.94 54.00 54.16 Assistance 108.10%
and revive consumer loan demand.
15.74%
Interest 91.90%
Payments 123.5
84.10%
-2.30%
4Q-24 1Q-25 2Q-25 3Q-25 4Q-25
2024
Household spending Non Profit Institution 7.24%
Transfer to 92.20%
Government Spending GFCF Regions 92.10%
Inventory Changes Net Exports Dec-24 Mar-25 Jun-25 Sep-25 Dec-25
GDP Growth (YoY) Consumer Loan Growth - BSI Consumer Loan Growth - Industry
Nov-24 Nov-25
CCI
Source: BPS, MoF, BI Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 3
Page 4
The Budget Deficit Remains Well Below the Threshold
01) Faster spending growth than revenue continues to pressure the primary balance
(IDR Tn)
3,786.49
3,359.80 3,451.40
3,096.26 3,121.22 3,147.68
2,786.41 2,783.93 2,850.60 2,756.30
2,595.48 2,635.84
2,309.28 2,234.80
1,960.63 2,011.35 1,863.20
1,647.78
1,407.10
59.10
(20.11) (38.53) (43.71) 17.50 1,210.10 17.90 (39.37)
(74.08)
(180.70)
516.10620.30
(431.57)
(700.43)
2019 2020 2021 2022 2023 2024 Q1-25 Q2-25 Q3-25 Q4-25E 2026
Budget
Government Revenue Government Spending Primary balance
02) Measures such as burden sharing, fund raising, and budget reallocation are being used to keep government debt below the threshold
(IDR Tn) (Government Debt Composition)
60% - Gov. Debt to GDP Threshold
12.28% 12.48% 12.67% 12.98%
39.42 40.71 39.48 38.98 39.20 40.30
2.13% 1.83% 1.91% 1.96%
30.19 9,408.72 17.49% 17.27% 17.48% 16.97%
8,813.00
8,144.69
7,733.94
6,911.30
6,085.06
4,779.28 68.09% 68.42% 67.94% 68.10%
2019 2020 2021 2022 2023 2024 Q3-2025 Dec-24 Mar-25 Jun-25 Sep-25
Government Debt Debt to GDP (%) Government Debt Securities Government Islamic Debt Securities
Non Tradeable Securities Loan
Source: BPS, MoF, BI Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 4
Page 5
Liquidity Expected to Remain Ample in the Coming Months
01) Fiscal spending and liquidity support to SOE banks have improved overall market 02) No signs yet of aggressive SRBI issuance by Bank Indonesia
liquidity
21.80%
18.58%
16.79%
14.50% 14.38%
13.20% 13.00% 12.96% 13.33%
9.36%
8.62% 8.29%
6.96% 7.34%
7.56% 8.02% 7.72%
6.20% 6.13% 6.43% 6.58%
4.76% 5.46% 5.17% 4.86%
Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Sep-23 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25
Central Government Saving in BI M0 YoY Growth M2 YoY Growth
Foreign Domestic Bank Others SRBI Total
03) This has supported stronger LDR and deposit growth across the industry
16.20
11.46
84.27
83.74
Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25
LDR - BSI LDR - Industry TPF Growth - BSI TPF Growth - Industry
Source: BI, Bloomberg Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 5
Page 6
The Currency is Actively Managed to Maintain Stability
01) Capital outflows have pressured the currency 02) Strong commodity-driven exports have boosted foreign reserves, providing
greater capacity to manage currency stability
(Net Foreign Inflow / Outflow)
6.46
6.40
6.47
24.27%
732.26 6.15
292.53 387.57
5.97
(312.63) (234.50)
157.1 156.5
155.7 156.1
154.5
15.60% 152.5 152.5 152.6 152.0
150.7 150.1
149.9
148.7
12.81%
(2,528.69)
Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25
Equity Bonds SRBI - Foreign USD/IDR Reserve In months Import (x)
Source: BI, Bloomberg Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 6
Page 7
OUTLINE
1 Indonesia Macroeconomics Highlight
2 BSI Business Strategy and Positioning
3 Financing Profile & Quality
4 Financial Guidelines
Investor Relations Group |PT Bank Syariah Indonesia Tbk - 7
Page 8
Bank Syariah Indonesia Journey
2021 – 2025 2026 – Onwards
Sharia Banking License - 2021 Bullion Bank License - 2025 While the ownership percentage
The Government (MSOE) owns BSI remains unchanged to date, BSI is
Nationwide Serving directly through one golden share and BSI Leads Gold Market now under the direct supervision of
Presence Millions indirectly through Mandiri, BNI, and BRI Transformation as Indonesia’s Danantara …
First Bullion Bank
Over 1,030 23.14 Mn*
Shareholder
branches across customer
composition
Indonesia nationwide
1*
*Data as of Dec-25
Dominance Market Share
… and becoming the new member
Sharia Bank National Bank of SOE Bank
51.465%
6.99% 2.86%
to to Holding rights to
8.02% 3.64% control BSI
based on BUMN
Market share in Financing (2020 vs Jun-25) New Customers
POA
Infrastructure 23.240%
New Income
15.376%
9.919% New Business
*1 golden share
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 8
Page 9
Two Major Shifts Reshaping Indonesia’s Financial Landscape
2014 2024 Rationale behind market shifting
High High
Rationalist Rationalist Universalist Enhanced societal welfare resulting
Functional & Emotional Value
Universalist
Functional & Emotional Value
“benefit preference” “functional & benefit
“benefit preference” “functional & benefit from strong economic growth
preferences” preferences”
From 20.7% 25.6% 30.8% 30.0%
conventional
Significant progress in financial
to inclusion over the past several years
Sharia Apathist Conformist Apathist Conformist
preference “sensitive to pricing” “it must be Sharia” “sensitive to pricing” “it must be Sharia”
10.2% 29.1% Improved competitiveness of
33.2% 20.6% Islamic banking products
Low Spiritual Value High Low Spiritual Value High
1) People are starting to shift their gold ownership from jewelry to gold bars 2) The growing interest in gold among Indonesians marks a shift from
(In Ton)
traditional saving toward investment-oriented asset diversification
Type of Investment (%)
Jewellry Gold Bar & Coin YoY 5.67
15.11 9.10 7.40
Growth 13.93 12.59
13.70 Others
14.17 … 3.50 3.34 2.03
From cash 2.86
19.79 21.47 34.15 Property (land,
20.61 24.5 +18.78% 20.60 25.80 28.72
to gold house, apartment)
16.75
investment
Equity / Mutual
40.38
Funds
26.98 28.26 25.06 47.83 47.91 46.61 45.55
20.86 22.83 (8.90%) Gold
2019 2020 2021 2022 2023 2024 Deposit (Saving / TD)
2022 2023 2024 2025
Source: World Gold Council, Bank Indonesia
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 9
Page 10
Dual-Licensed Platform Unlocks Strong, Multi-Year Customer Expansion
Highest Customer Acquisition Ever Post-Merger … … benefits from the presence of dual-licensed banks
2023 2024 2025 (Mn Customer)
Total
Customer 15.93 17.78 19.65 21.11 23.14 +22.78% +22.50%
(Mn)
6.63 1.51
Sharia Banking +12.50% +13.98%
2.03 License
5.40 1.23
1.46 4.80 1.08
1.87
1.85
1.52 Hajj Customer Payroll Customer
(‘000 Customer)
GOLD +417.38% +39.62%
531.33 +51.86% 680.51
14.41 Bullion Bank
License 181.04
487.42
320.96 150.58
+13.97%
135.32 499.47
336.84
90.10 102.70 185.64
*
Pre-Merger 2021 2022 2023 2024 2025 Gold Financing Customer
Digital Gold Customer Pawning Installment
*without customer clean up of 1.16 Mn during 4Q24 to comply with regulatory requirement
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 10
Page 11
Penetration Momentum Strengthens Across the Franchise
2024 2025
Customer Penetration – Payroll Based Customer Customer Penetration – Bankwide
0.03% 0.04% 5.70% 1.84% 0.75% 12.08% 0.01% 0.06% 1.81% 0.60% 0.05% 3.00%
30.70%
27.54%
24.54%
18.62%
14.87% 15.62%
6.98% 7.56%
5.72%
1.04% 1.08% 1.28% 2.29% 2.31% 2.91%
0.23% 0.26% 0.94% 0.88% 0.48% 1.34% 1.39%
0.19% 0.20%
Automotive Mortgage Digital Gold Gold Financing Multipurpose Hajj Savings Automotive Mortgage Digital Gold Gold Financing Multipurpose Hajj Savings
9.01%
13.30%
Muslim
Growing participation
from non-Muslim 2022 2025 86.70% Non-Muslim
customers
90.99%
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 11
Page 12
DUAL License as a Growth Engine
1. 2. 3.
Significant Source of
Better Cost of Fund & Financing Yield Sound Asset Quality
Fee Based Income
YoL (YtD) CoF (Ytd) CoF (Mtd) CoC (Ytd) Gold E-channel Treasury Others
2.66% 1,576
2.60% 1,454
2.50% 2.48% 277
1,228 1,257 242
2.57% 0.99% 220 280
0.97% 203 253
2.49%
2024 2.41% 227 239 215
78
2.35% 0.88%
9.01% 0.83% 231 245
8.95% 941
8.87% 8.88% 744
567 553
Mar-24 Jun-24 Sep-24 Dec-24 Mar-24 Jun-24 Sep-24 Dec-24 1Q25 2Q25 3Q25 4Q25
2.76% 2.68% 2.66% 2,139
2.68% 1,817
2.69% 2.58% 0.95% 1,711 602 +55.95%
2.57% 0.93%
313 386
2.23%
1,229 313
9.12% 0.86% 279 299
2025 8.86% 8.91%* 9.05% 0.84% 367 282
334 324
290
785 254 808 942
318
Mar-25 Jun-25 Sep-25 Dec-25 Mar-25 Jun-25 Sep-25 Dec-25 1Q25 2Q25 3Q25 4Q25
*without EIR adjustment
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 12
Page 13
Improved Liquidity and Lower Cost of Funds as Key Growth Catalysts in 2026
Liquidity Conditions improved towards the end of 2025 with LDR Normalizing to Primarily driven by the savings account growth
~83% by Year-End
(IDR Tn)
FDR - BSI (%) Average FDR (%) LDR - Industry (%)
Current Account Savings Account Time Deposit
162.6
91.53
140.5
124.7
146.0
86.97 130.6
115.8
71.8
84.00 56.3
53.2
83.74
Dec-23 Dec-24 Dec-25 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Nov-25 Dec-25
2.96
2.89 CoF Industry
2.88 2.88 2.87 2.86 2.86
2.84
2.80 CoF BSI
2.76 2.75 2.75
2.69 2.71
Leading to 2.64 2.66 2.65
improvement in Cost of 2.60 2.57
2.56
fund
(MtM - 2025)
2.50
2.36
2.23
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Source: OJK
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 13
Page 14
Hajj Savings Account: Strengthening BSI’s Low-Cost Funding Base
Landscape – Haji Ecosystem * Hajj saving account as differentiation of Sharia Bank… Digital push fuels surge in acquisition of new Hajj customers
( No of CIF)
(Mn)
Indonesia 6.63
281 287 6.31
Population 5.67 5.93 15.47%
2.10 2.50 5.40 13.75%
11.62% 12.75%
Muslim 10.53%
240 250
Population
+22.78%
Able to 86.25% 84.53%
6.63 89.47% 88.38% 87.25%
perform
Hajj 12.04% 0.32
8.75% 0.38 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25
2023 2025
0.26 Digital (BYOND & BSIM) Non-Digital (Branch & BSI Agent)
5.40 0.27
Hajj account Market Share** Wadiah accounts set to take the lead in contribution
(IDR Bn)
62% 4.80 14,500 13,569 14,228 15,839 15,954
BSI
4.55
Other Banks 4.38
88.83% 88.54% 87.99% 87.18% 87.97%
38%
Notes: 11.17% 11.46% 12.01% 12.82% 12.03%
2021 2022 2023 2024 Mar-25 Jun-25 Sep-25 Dec-25 2025
* Internal Estimate, Dec-25
**Based on hajj waiting list data 5.45 Mn, Dec-24 Mar-25 Jun-25 Sep-25 Dec-25
Number of CIF Hajj Customer (Mn) Avg. Balance (IDR Mn)
source: https://haji.go.id/
Mudharabah (IDR Bn) Wadiah (IDR Bn)
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 14
Page 15
Gold Price Rally Fuels Strong Demand and Yield Expansion
Higher Gold Prices Amplify Demand Momentum in BSI’s Gold Business A More Dominant Consumer Portfolio from Gold and Payroll Helped Improve
Financing Yields
(Average Gold Disbursement / quarter in Gram) Payroll (%) Gold (%) Consumer Financing Yield
Segment (%) (%)
9.57%
+116.19%
9.15% 9.20%
1,112,212
9.05%
8.95%
52.23% 54.34% 54.32% 54.54% 55.13%
836,161
735,304
4.61% 7.18%
624,423 2.86% 3.00%
2.67%
514,471
26.75% 27.45% 27.30% 26.77%
249,051 23.67%
2023 2024 Mar-25 Jun-25 Sep-25 Dec-25 2021 2022 2023 2024 2025
Source: Bloomberg
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 15
Page 16
Gold Business Starting to Take Market Share
∆ Growth ∆ Growth Composition
(IDR Bn) 2021 2022 2023 2024 Sep-25 2025 CoC Yield
QoQ YoY Mar-21 2025
Consumer 89,461 112,875 130,547 151,883 167,619 175,787 4.87% 15.74% 49.40% 55.13% 1.06%
Mortgage 42,022 48,070 52,517 56,834 59,489 60,259 1.29% 6.03% 23.91% 18.90% 0.98%
Automotive 1,917 2,761 4,186 5,387 6,142 6,410 4.37% 18.99% 1.44% 2.01% 1.80%
1
Payroll Based Financing 30,141 42,732 51,336 59,984 65,773 68,433 4.04% 14.09% 15.58% 21.46% 1.39% 10.03%
Pension 10,406 12,837 14,626 16,051 16,620 16,921 1.81% 5.42% 5.52% 5.31% 0.64%
2 Gold Business 4,582 5,930 7,198 12,825 18,765 22,907 22.07% 78.60% 2.74% 7.18% 0.01% 12.79%
Gold Instalment 884 1,644 2,308 6,404 10,317 12,886 24.89% 101.23% 0.52% 4.04% 0.00% 16.42%
Gold Pawning 3,697 4,287 4,890 6,422 8,448 10,021 18.63% 56.05% 2.21% 3.14% 0.02% 9.68%
Card 393 545 684 802 830 856 3.24% 6.83% 0.22% 0.27% 6.42%
Wholesale 49,380 57,203 67,515 77,219 82,987 90,800 9.41% 17.59% 29.70% 28.48% (0.03%)
Corporate 38,700 44,446 52,127 59,598 63,231 70,843 12.04% 18.87% 23.49% 22.22% (0.09%)
Commercial 10,680 12,757 15,388 17,621 19,756 19,957 1.01% 13.25% 6.21% 6.26% 0.18%
SME – Micro 32,452 37,626 42,254 49,379 50,245 52,258 4.01% 5.83% 20.90% 16.39% 1.21%
SME 18,331 18,886 19,342 21,633 22,944 24,591 7.18% 13.67% 12.92% 7.71% 0.85%
Micro 14,121 18,740 22,912 27,746 27,301 27,667 1.34% (0.28%) 7.98% 8.68% 1.49%
Subsidized (KUR) 9,083 15,944 20,978 25,685 25,389 25,786 1.56% 0.39% 3.48% 8.09% 1.08%
Non-Subsidized (Non-KUR) 5,038 2,796 1,935 2,060 1,912 1,881 (1.64%) (8.73%) 4.50% 0.59% 6.77%
Total Financing 171,291 207,705 240,316 278,481 300,851 318,844 5.98% 14.49% 100.0% 100.00% 0.84%
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 16
Page 17
Gains Strategic Advantage as Indonesia’s First Bullion Bank
GOLD INSTALLMENT GOLD PAWNING DIGITAL GOLD
NO. OF NEW CUSTOMER
358,400 21,623 531,229
Δ 35.23% YoY Δ 32.71% YoY Δ 417.28%Ytd
IDR 14,413 Bn IDR 32,478 Bn 1,844 kg
DISBURSEMENT
Δ 92.38% YoY Δ 52.87% YoY Δ 315.44% Ytd
Interest Income Fee Based Income Fee Based Income
(IDR Bn) (IDR Bn) (IDR Bn)
+126.84% +50.32% +2,271.64%
769 1,398 270.13
1.83
5.02
68.87
REVENUE
0.55
997 3.46
520 930 36.00
0.31
Since bullion bank license 1.99
339 645
311 263.28
11.39 64.86
163 280 0.20 7.92 33.70
1.82 0.08
0.84
9.37 7.00
Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25
Others Admin Fee Profit from Trading (Buy/Sell)
Data as of Dec-25
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 17
Page 18
BYOND – Bringing Gold Investment Closer to Everyone
Gold ownership Print gold
Realtime
starts from Buy & Sell Seamless
starts from
Available Rp Gram
Rp 50,000 2 gram Transaction
24/7
AFFORDABILITY, LIQUID & SAFETY
Live Live Live
Live Live
New
Trusted, Authentic
Competitive Safe Backed by
Hassle
Pricing & physical gold
Free
Secure
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 18
Page 19
Fee-Based Income Reaches Record High, Driven by New Growth Engines
Fee-based income continue to grow driven by gold business, treasury and e-channels Fee-based composition of total revenue has gradually increased since the
merger, reaching approximately 26.59% as of December 2025
% NII (IDR Bn) FBI (IDR Bn) FBI to Total Revenue (%)
(IDR Bn) 2021 2022 2023 2024 2025 YoY
Composition
Pawning 590 639 737 930 1,398 50.32% 20.27% 26.59%
24.15%
Emas 11 270 2,354.55% 3.91%
25,937
Treasury 131 203 397 754 1,194 58.36% 17.31% 20.46%
18.85% 19.25% 22,836
6,897
E-Channel 547 663 587 734 801 9.13% 11.61% 20,335
19,281 5,515
4,160
Bancassurance 22 30 31 383 377 (1.69%) 5.46% 16,242 3,712
3,062
Card Business 173 225 253 327 381 16.59% 5.52%
Collection 763 1,014 1,092 1,291 1,305 1.08% 18.92% 19,040
17,321
15,569 16,175
13,180
Others* 837 939 1,062 1,147 1,172 2.18% 16.99%
Total 3,062 3,712 4,160 5,515 6,897 25.06% 100.00%
2021 2022 2023 2024 2025
*Others (Operation fee, financing fee, trade service fee, value chain, syndicated financing, CMS and others)
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 19
Page 20
An Improved Cost of Credit Across Business Segments
Details on Loan Quality by Segment
Composition NPF FAR CoC CKPN Coverage Yield
Segment
2024 2025 2024 2025 2024 2025 2024 2025 2024 2025 2025
Wholesale 27.73% 28.48% 2.25% 1.85% 14.18% 10.91% 0.40% (0.03%) 321.68% 327.50%
Corporate 21.40% 22.22% 2.21% 1.76% 15.37% 11.69% 0.31% (0.09%) 332.74% 346.98%
Commercial 6.33% 6.26% 2.39% 2.19% 10.14% 8.12% 0.72% 0.18% 287.17% 272.09%
Retail 17.73% 16.39% 2.89% 2.99% 7.17% 15.58% 1.15% 1.21% 120.46% 127.60%
SME 7.77% 7.71% 3.87% 3.07% 9.29% 11.03% 1.51% 0.85% 112.35% 122.78%
Micro 9.96% 8.68% 2.12% 2.92% 5.52% 19.62% 0.86% 1.49% 132.01% 132.11%
KUR 9.22% 8.09% 1.52% 2.40% 4.26% 18.98% 0.47% 1.08% 143.79% 135.90%
Non KUR 0.74% 0.59% 9.66% 9.96% 21.23% 28.06% 5.58% 6.77% 108.92% 119.57%
Consumer 54.54% 55.13% 1.39% 1.43% 3.75% 6.41% 0.89% 1.06% 141.20% 138.71%
Mortgage 20.41% 18.90% 2.13% 2.10% 6.86% 6.96% 0.85% 0.98% 131.43% 126.90%
Automotive 1.93% 2.01% 2.62% 2.65% 5.82% 9.79% 2.49% 1.80% 131.49% 133.79%
Payroll Based Financing 21.54% 21.46% 1.11% 1.37% 2.14% 6.94% 1.02% 1.39% 155.69% 150.47% 10.03%
Pension 5.76% 5.31% 0.46% 0.61% 0.85% 5.92% 0.39% 0.64% 197.63% 193.34%
Gold Business 4.61% 7.18% 0.02% 0.01% 0.07% 2.80% 0.06% 0.01% 223.94% 180.04% 12.79%
Card 0.29% 0.27% 3.26% 3.23% 7.39% 7.47% 5.35% 6.42% 108.64% 103.22%
Bankwide 100.00% 100.00% 1.90% 1.81% 7.25% 9.20% 0.83% 0.84% 195.01% 190.92%
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 20
Page 21
Prudent Business Practice Continue to Lower Financing Cost from Pre-merger Portfolio
Disciplined risk management approach to maintained asset quality in Dec-25 Manageable asset quality through stable NPF, CoC and adequate Coverage
(IDR Bn)
Total 30,147 25,862 21,970 20,186 20,624 20,340 20,484 29,324
FAR 194.35% 195.01% 194.69% 191.47% 191.03% 190.88%
183.12%
11.13% 7.57% 6.41%
FAR 4.60% 3.75% 3.91% 3.76% 3.77%
Consumer
%FAR to 148.87%
Financing
OS 11,277 50.99% 50.80% 51.70% 51.53%
9,207 8,094 6,010 5,699 6,126 6,096 6,324
FAR OS 44.10%
35.57% 37.46%
24.43% 24.67%
FAR 15.81% 10.96% 7.17% 7.56% 7.53% 7.33% 15.58%
SME- Micro
%FAR to
Financing 2.93%
OS 9,572 2.42%
6,888 8,141
FAR OS 4,633 3,541 3,771 3,732 3,684 2.08%
1.90% 1.88% 1.87% 1.84% 1.81%
2.36%
1.97%
23.34% 19.02% 16.78% 14.18% 13.30% 12.90% 12.62% 10.91%
FAR
1.14%
Wholesale 0.83% 0.93% 0.95% 0.86% 0.84%
%FAR to
Financing 2021 2022 2023 2024 Mar-25 Jun-25 Sep-25 2025
OS 11,526 11,328
10,880 10,946 10,726 10,512 10,476
FAR OS 9,906
Gross NPF (%) CoC (%) Cash Coverage (%) FAR Coverage (%)
2021 2022 2023 2024 Mar-25 Jun-25 Sep-25 2025
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 21
Page 22
Asset Quality Impact from Sumatra Natural Disasters Remains Manageable
In line with POJK 19/2022, impacted Detailed of the Impacted Portfolio
Consumer Retail
portfolios may be restructured for up to
three years, while the government may ~52% ~48%
allocate up to IDR 60 trillion to
4.4%
accelerate recovery. Total Financing
IDR 318.84 Tn IDR 75.5% 22.1%
40.29 Tn 9.83* 12.5% 73.4%
Dec-25
12.63% 6.4%
5.6%
Banda Aceh
Mortgage Auto
Lhokseumawe Aceh Portfolio Col 1 Restructured Payroll Loan Gold Business SME KUR Non KUR
* +IDR 632 billion, coming from pawning
North Sumatera
What we will do next …
Over the next 3M ( In progress)
West Sumatera
1 We will conduct a validation of the disaster impact 2 Monitoring and reviewing each customer’s post-restructuring
on customers and adjust the restructuring scheme performance
according to each customer’s current condition.
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 22
Page 23
Effective Cost Deployment Has Improved Infrastructure, with Scope for Further Enhancement
2022 2023 2024 2025
Capex (IDR Bn) 270 Capex IT 1,410 Capex Non-IT 1,125 Capex IT 482 Capex Non-IT 3,231 Capex IT 523 Capex Non-IT 1,555 Capex IT 1,206 Capex Non-IT
Investment BEWIZE by BSI
BSI Net XPAN by BSI BSI Merchant
BSI EDC
BSI Agent BSI Mobile QRIS ATM BYOND by BSI Data Center Core Banking
IT Availability - 92.40% 98.74% 99.89%
CIR 51.01% 49.86% 50.89% 52.09%
Opex (IDR Bn) 9,884 (+16.51%) 10,214 (+2.39%) 11,663 (+14.18%) 13,572 (+16.36%)
38.80 42.00 41.49
3 Major Expenses 39.60
(% of total OPEX)
Personnel Expenses
G&A
Lease &
Depreciation 49.00 48.80 44.10 39.96
11.40 12.40 13.90 18.55
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 23
Page 24
Digital Tools Drive Efficiency and Fee-Based Income
Stronger IT & ATM QRIS EDC Mobile Banking
Infrastructure 1,062.30 (Mn) (Mn) (‘000) (Mn)
Investment Translates 727.36
80.36
Into Higher 828.83 191.52 15,196 552.29
Transactions 155.01
(Transaction Frequency) 669.26 133.76 42.86 376.41
98.43%
97.36% 97.93%
E-Channel 12.28 1,364
Teller -
17.67 17.12 16.72
2023 2024 2025 2023 2024 2025 2023 2024 2025 2023 2024 2025 2023 2024 2025
Enabling more efficient business acquisition via digital financing
+25.00% YoY% 72.8% 14.7% 240.6% 136.0%
(IDR Tn)
97.75
Digital 3,154.7
5.62%
Financing
Outstanding
(IDR Bn)
78.20
3.49%
96.51% 94.38%
1,175.4 1,065.4
100.9
2024 2025 Automotive Payroll Gold Installment Gold Pawning
Digital Financing Non-Digital Financing
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 24
Page 25
FY26 – Financial Guidelines
Financing Cost of Net Interest
Growth Credit Margin
2024 2025 2024 2025 2024 2025
15.88% 14.49% 0.83% 0.84% 5.63% 5.59%
2026F 14.00% - 16.00% 2026F < 1.00% 2026F > 5.50%
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 25
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Financial Highlight
(IDR Bn) 2021 2022 2023 2024 2025 YoY (%)
Asset 265,289 305,727 353,624 408,613 456,193 11.64%
Financing 171,292 207,705 240,316 278,481 318,844 14.49%
Third Party Funds 233,252 261,491 293,776 327,454 380,488 16.20%
a. Current Accounts 35,693 44,521 53,201 56,336 71,828 27.50%
Balance Sheet b. Savings Accounts 99,375 116,484 124,726 140,534 162,628 15.72%
c. Time Deposits 98,184 100,486 115,848 130,584 146,033 11.83%
CASA (a+b) 135,068 161,005 177,928 196,870 234,455 19.09%
% CASA 57.91% 61.57% 60.57% 60.12% 61.62% 1.50%
Equity 25,014 33,506 38,739 45,042 51,953 15.34%
Margin Income 17,679 19,612 22,169 25,216 28,178 11.75%
Profit Sharing Expense 4,499 4,043 5,995 7,896 9,138 15.73%
Net Margin Income 13,180 15,569 16,175 17,321 19,040 9.92%
Fee Based Income 3,062 3,712 4,160 5,515 6,897 25.06%
Operating Income 16,243 19,280 20,335 22,835 25,279 10.70%
Overhead Cost 8,483 9,884 10,121 11,663 13,572 16.37%
Profit & Loss
Personnel Expense 4,409 4,847 4,944 5,141 5,380 4.65%
G&A Expense 3,796 4,520 4,471 5,578 7,068 26.71%
Promotion Expense 278 517 706 944 1,124 19.07%
PPOP 7,759 9,396 10,214 11,172 12,365 10.68%
Provisions 3,639 3,749 2,622 1,894 2,357 24.45%
Profit After Tax 3,028 4,260 5,704 7,006 7,568 8.02%
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 26
Page 27
Key Ratio
Key Ratio 2021 2022 2023 2024 2025
ROA – Before Tax 1.61% 1.98% 2.35% 2.49% 2.38%
ROE – Tier 1 13.71% 16.84% 16.88% 17.77% 16.85%
NI 6.04% 6.31% 5.82% 5.66% 5.59%
Profitability BO/PO 80.46% 75.88% 71.27% 69.93% 71.54%
&
Efficiency CIR 52.57% 51.01% 49.86% 50.89% 52.09%
Fee Based Ratio(a) 14.76% 15.91% 15.80% 17.95% 19.66%
Yield of Financing 9.57% 9.15% 8.94% 8.95% 9.05%
Cost of Fund 2.03% 1.62% 2.13% 2.49% 2.58%
NPF Gross 2.93% 2.42% 2.08% 1.90% 1.81%
NPF Net 0.87% 0.57% 0.55% 0.50% 0.47%
Asset NPF Coverage 148.87% 183.12% 194.35% 195.01% 190.88%
Quality FAR 17.69% 12.45% 9.15% 7.25% 9.20%
FAR Coverage 24.67% 35.57% 44.10% 50.99% 37.46%
CoC 2.36% 1.97% 1.14% 0.83% 0.84%
CAR 22.09% 20.29% 21.04% 21.40% 22.00%
Tier 1 CAR 18.29% 19.14% 19.93% 20.41% 20.92%
Capital &
FDR 73.39% 79.37% 81.73% 84.97% 83.74%
Liquidity
LCR 199.95% 173.88% 147.87% 145.62% 144.47%
NSFR 139.46% 138.47% 132.71% 122.50% 120.03%
(a) Fee Based Income Ratio = Fee Based Income / Operational Income
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 27
Page 28
Analyst Coverage
Company Name Recommendation Analyst Email
Bahana Sekuritas BUY Razqi Kurniawan razqi.kurniawan@bahana.co.id
BNI Sekuritas BUY Yulinda Hartanto / Ilham Firdaus yulinda.hartanto@bnisekuritas.co.id / ilham.firdaus.co.id
BRI Danareksa Sekuritas BUY Victor Stefano / Naura Reyhan Muchlis victor.stefano@brids.co.id / naura.muchlis@brids.co.id
Buana Capital BUY - -
Ciptadana Sekuritas Asia BUY Erni Marsella Siahaan siahaanerni@ciptadana.com
CGS International Sekuritas BUY Handy Noverdanius handy.noverdanius@cgsi.com
Citi BUY Fery Wong Ferry.wong@citi.com
DBS Vickers Sekuritas BUY Muhammad Nurkholis Syafruddin muhammadnurkho1@dbs.com
INA Sekuritas BUY Arief Machrus arief.machrus@inasekuritas.com
Indo Premier Sekuritas BUY Jovent Muliadi / Axel Azriel jovent.muliadi@ipc.co.id / axel.azriel@ipc.co.id
KB Valbury Sekuritas BUY Akhmad Nurcahyadi akhmad.nurcahyadi@kbvalbury.com
Kiwoom Sekuritas Indonesia OVERWEIGHT Miftahul Khaer khaer.miftahul@kiwoom.co.id
Mandiri Sekuritas BUY Kresna Hutabarat / Boby Chandra kresna.hutabarat@mandirisek.co.id / boby.chandra@mandirisek.co.id
Macquarie Capital Securities OUTPERFORM Jayden Vantarakis jayden.vantarakis@macquarie.com
Maybank Sekuritas Indonesia BUY Jeffrosenberg Chenlim / Faiq Asad jeffrosenberg.lim@maybank.com / faiq.asad@maybank.com
MNC Sekuritas BUY Victoria Venny victoria.nawang@mncgroup.com
Nomura Verdhana Sekuritas BUY Raymond Kosasih / Erwin Wijaya raymond.kosasih@verdhana.id / erwin.wijaya@verdhana.id
RHB Sekuritas BUY Andrey Wijaya / David Chong andrey.wijaya@rhbgroup.com / david.chongvc@rhbgroup.com
Samuel Sekuritas BUY Brandon Boedhiman / Prasetya Gunadi brandhon.boedhiman@samuel.co.id / prasetya.gunadi@samuel.co.id
Sinarmas Sekuritas BUY Ivan Purnama Putera ivan.purnama.putera@sinarmassekuritas.co.id
Sucor Sekuritas BUY Edward Lowis / Yoga Ahmad Gifari edward.lowis@sucorsekuritas.com / yoga.gifari@sucorsekuritas.com
Trimegah Sekuritas BUY Jonathan Gunawan jonathan.gunawan@trimegah.com
UBS Sekuritas BUY Joshua Tanja / Ivan Reynaldo Sutheja joshua.tanja@ubs.com / ivan-reynaldo.sutheja@ubs.com
UOB Kay Hian Sekuritas BUY Posmarito Pakpahan posmarito@uobkayhian.com
Yuanta Sekuritas BUY Yap Swie Cu swiecu@yuanta.co.id Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 28
Page 29
BRIS Highlights
Shares trade actively, overcoming liquidity barriers to attract investors, driven by strong financial performance
Shareholder
structure
80.26 125.93 102.87
Market Cap 59.51
1 Golden Share 51.47% 23.24% 15.38% 9.92%
(IDR Tn)
2,730
Share Price 2,230
1,740
+44.23%
1,290
+12.45% (After Liberation Day)
(YtD) Foreign inflow
TTM Average 39.34
Foreign inflow 31.45 27.73
Trading Vol. 16.61
2,780 (Mn)
2022 2023 2024 2025
2,230
2,440 Shifting towards more institutional backed investor to create a more stable price
2,160 movement
Foreign inflow
External factors: Spin off rumor, Cabinet
Reshuffle, Rebalancing MSCI (Criteria), Asset 2022 2023 2024 2025
Quality concerns (natural disaster in Sumatera)
Institution 60.10% 70.44% 80.20% 79.34%
Domestic 62.57% 56.33% 42.00% 24.40%
Foreign 37.43% 43.67% 58.00% 75.60%
Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Retail 39.90% 29.56% 19.80% 20.66%
Volume Price
Source: Company data, Bloomberg Source : Bloomberg as of Dec-25
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 29
Page 30
APPENDICES
1 BSI’s Strategic Positioning in Banking
2 Snapshot of Financial Performance
3 Risk & Asset Quality
4 ESG & Others
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 30
Page 31
BSI Asset Growth Continues to Surpass the Industry
BSI asset growth continue to surpassed the industry … … by leveraging available liquidity … … and managing sound asset quality
3.06%
3.00%
16.67% 88.57%
15.67% 15.55% 2.93%
15.24% 2.88%
16.46%
83.83% 84.01%
10.73% 84.97%
82.25% 84.00% 2.44%
10.18% 2.42%
9.90% 81.73%
79.21% 2.19%
8.56%
77.14% 2.08%
7.18% 78.78% 2.18%
5.87% 5.91% 2.08%
1.90%
74.35% 1.84%
73.39%
2020 2021 2022 2023 2024 Nov-25 2020 2021 2022 2023 2024 Nov-25 2020 2021 2022 2023 2024 Nov-25
Industry BSI LDR - Industry LDR - BSI NPF - Industry NPF - BSI
Source: OJK, Internal Data, Excluding BPR & BPRS
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 31
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Sound Asset Quality And Margin Has Led Profitability And Stronger Capital
Manageable NIM with better cost of fund Continue to deliver profit Leading to stronger CAR and narrowing the gap
against the industry
3.01% 2.85% 2.86% 43.94% 27.65%
2.46% 38.42%
26.69%
2.67% 2.02% 2.62% 40.68% 33.88% 26.05%
2.49% 25.66%
1.70% 33.89%
2.03% 2.13%
22.83%
1.62% 23.89%
23.89%
20.57%
12.09%
6.31% 8.20%
6.04% 5.82%
5.69% 5.66% 5.53%
4.88%
0.20%
2020 2021 2022 2023 2024 Nov-25 22.09% 21.81%
21.40%
21.04%
20.29%
4.45% 4.45% 4.71% 4.81% 4.62% 4.72%
18.39%
2020 2021 2022 2023 2024 Nov-25
(33.80%)
2020 2021 2022 2023 2024 Nov-25
CoF - Industry NIM - Industry
PAT - Industry Growth (YoY) PAT - BSI Growth (YoY) CAR - Industry CAR - BSI
CoF - BSI NIM - BSI
Source: OJK, Internal Data, Excluding BPR & BPRS
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 32
Page 33
The Strategic Initiatives Have Propelled To Lead The Market
Banking Industry Market Share
Sharia Bank vs National Bank BSI vs National Bank BSI vs Sharia Bank
8.34%
8.09% 3.71% 3.71%
8.01% 7.98% 46.10%
7.64% 7.91% 7.97% 3.47% 3.67% 45.06% 44.59% 45.87%
3.56%
43.91%
7.67% 43.44% 43.15% 44.45% 43.34%
7.54% 3.21% 3.38%
7.18% 7.43% 3.15% 3.12%
7.39% 3.28% 3.27% 42.20%
7.00% 3.22% 41.66% 42.77%
7.11% 40.89% 42.18%
6.99% 7.04%
2.96% 3.01%
2.86% 40.69%
6.70% 40.40%
2.75% 39.19% 39.10%
6.47%
2.61% 2.62%
2020 2021 2022 2023 2024 Nov-25
2020 2021 2022 2023 2024 Nov-25 2020 2021 2022 2023 2024 Nov-25
Asset Third Party Fund Financing Asset Third Party Fund Financing Asset Third Party Fund Financing
Source: OJK, Excluding BPR & BPRS
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 33
Page 34
Outpaced the Banking Growth Against the National Bank
Asset Loan/Financing Third Party Fund
11.11% 12.21% 9.01% 12.02%
10.18% 9.90% 11.35% 10.38% 10.39% 9.00%
7.18% 5.87% 5.91% 8.56% 5.24% 3.73% 4.48%
(2.41%)
National Bank
YoY
13,390
10,112
11,113
11,766
12,461
9,178
9,898
6,665
7,479
8,154
8,458
8,837
8,412
5,482
5,769
6,424
7,827
7,090
IDR Tn
2020 2021 2022 2023 2024 Nov-25 2020 2021 2022 2023 2024 Nov-25 2020 2021 2022 2023 2024 Nov-25
A continuing growth with dominant contribution from BSI
16.67% 15.24% 15.67% 15.55% 16.46% 15.64% 21.26% 15.70% 15.88% 18.12% 11.12% 12.11% 12.35% 11.46% 21.24%
10.73% 9.32% 12.58%
Sharia Bank
15.57% 19.91%
13.23% 13.94%
11.13% 9.93% 10.75% 15.66% 11.86% 15.24% 12.86% 10.43% 10.13% 13.43%
8.10% 9.96% 7.69%
YoY Growth BSI 6.75%
YoY Growth
955 1,009 568 625 670 737 801
782 869 491 669
677 410 537 606
IDR Tn 594 384 466
BSI (IDR Tn)
240 265 306 354 409 437 157 171 208 240 278 309 210 233 261 294 327 367
2020 2021 2022 2023 2024 Nov-25 2020 2021 2022 2023 2024 Nov-25 2020 2021 2022 2023 2024 Nov-25
Source: OJK, exclude BPR & BPRS
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 34
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The Indonesia Best Medium Sized Bank
Total Asset Saving Fee Based Income PPOP Net Profit
(IDR Tn) Growth (IDR Tn) Growth (IDR Tn) Growth (IDR Tn) Growth (IDR Tn) Growth
YoY YoY YoY YoY YoY
2,120 14.57% 594 7.70% 48.00 (5.42%) 94.38 (4.08%) 52.67 4.35%
1,923 3.85% 578 7.93% 32.00 12.14% 68.39 6.69% 45.45 (9.12%)
1,527 7.90% 540 6.98% 24.00 12.07% 58.78 (9.46%) 44.15 (6.41%)
1,237 15.33% 269 10.81% 21.00 7.39% 29.14 (3.90%) 18.62 (6.01%)
504 12.16% 5 153 14.81% 5 6.05 21.21% 5 11.12 9.52% 5 6.71 8.20%
6 437 16.46% 40 (2.18%) 3.60 (2.39%) 8.96 70.28% 2.91 21.10%
Source: Internal Data & Financial Report (Bank Only as of Nov-25)
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 35
Page 36
Consumer Business and Saving Account Dominate Balance Sheet Mix
Dec-25 Bank A* Bank B Bank C Bank D
Consumer Portion to
55.13% 17.08% 14.74% 22.85% 17.71%
Total Loan
Asset
Wholesale Portion to
28.48% 23.22% 72.95% 63.80% 73.76%
Total Loan
SME-Micro Portion
16.39% 59.69% 12.31% 13.35% 8.52%
to Total Loan
CASA 61.62% 67.90% 70.82% 84.59% 70.40%
Liability
Current Accounts
30.64% 43.77% 53.95% 41.78% 60.29%
To CASA
Saving Accounts
69.36% 56.23% 46.05% 58.22% 39.71%
to CASA
Source: Internal Data & Financial Report (Bank Only)
*Data as of Sep-25
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 36
Page 37
APPENDICES
1 BSI’s Strategic Positioning in Banking
2 Snapshot of Financial Performance
3 Risk & Asset Quality
4 ESG
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 37
Page 38
Sustainable Financial Growth Since 2021
Profit After Tax Pre-Provision Operating Profit 2.36%
(IDR Bn) Average Quarter 1.97%
(IDR Bn)
Cost of Credit 1.14%
+8.02% +10.68% 0.83% 0.84%
7,568 12,365
7,006 2021 2022 2023 2024 2025
11,172
10,214
5,704 9,396
7,759 2.49% 2.58%
4,260 2.03% 2.13%
1.62%
3,028 Cost of Fund
2021 2022 2023 2024 2025
2021 2022 2023 2024 2025 2021 2022 2023 2024 2025
19.66%
Fee Based Income 17.95%
15.45% 14.76% 15.91% 15.80%
(IDR Bn)
ROA – Before Tax ROE – Tier 1 6,897
(%) (%) Calculated by total 5,515
of fee-based income 3,062 3,712 4,160
/ operating income
2.49% 16.84% 16.88% 17.77% 16.85%
2.35% 2.38% 2021 2022 2023 2024 2025
13.71%
1.98% 52.57%
52.09%
1.61% 51.01% 50.89%
Cost to
49.86%
Income Ratio
2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 38
Page 39
Financial Highlight
(IDR Bn) 2021 2022 2023 2024 2025 YoY (%)
Asset 265,289 305,727 353,624 408,613 456,193 11.64%
Financing 171,292 207,705 240,316 278,481 318,844 14.49%
Third Party Funds 233,252 261,491 293,776 327,454 380,488 16.20%
a. Current Accounts 35,693 44,521 53,201 56,336 71,828 27.50%
Balance Sheet b. Savings Accounts 99,375 116,484 124,726 140,534 162,628 15.72%
c. Time Deposits 98,184 100,486 115,848 130,584 146,033 11.83%
CASA (a+b) 135,068 161,005 177,928 196,870 234,455 19.09%
% CASA 57.91% 61.57% 60.57% 60.12% 61.62% 1.50%
Equity 25,014 33,506 38,739 45,042 51,953 15.34%
Margin Income 17,679 19,612 22,169 25,216 28,178 11.75%
Profit Sharing Expense 4,499 4,043 5,995 7,896 9,138 15.73%
Net Margin Income 13,180 15,569 16,175 17,321 19,040 9.92%
Fee Based Income 3,062 3,712 4,160 5,515 6,897 25.06%
Operating Income 16,243 19,280 20,335 22,835 25,279 10.70%
Overhead Cost 8,483 9,884 10,121 11,663 13,572 16.37%
Profit & Loss
Personnel Expense 4,409 4,847 4,944 5,141 5,380 4.65%
G&A Expense 3,796 4,520 4,471 5,578 7,068 26.71%
Promotion Expense 278 517 706 944 1,124 19.07%
PPOP 7,759 9,396 10,214 11,172 12,365 10.68%
Provisions 3,639 3,749 2,622 1,894 2,357 24.45%
Profit After Tax 3,028 4,260 5,704 7,006 7,568 8.02%
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 39
Page 40
Key Ratio
Key Ratio 2021 2022 2023 2024 2025
ROA – Before Tax 1.61% 1.98% 2.35% 2.49% 2.38%
ROE – Tier 1 13.71% 16.84% 16.88% 17.77% 16.85%
NI 6.04% 6.31% 5.82% 5.66% 5.59%
Profitability BO/PO 80.46% 75.88% 71.27% 69.93% 71.54%
&
Efficiency CIR 52.57% 51.01% 49.86% 50.89% 52.09%
Fee Based Ratio(a) 14.76% 15.91% 15.80% 17.95% 19.66%
Yield of Financing 9.57% 9.15% 8.94% 8.95% 9.05%
Cost of Fund 2.03% 1.62% 2.13% 2.49% 2.58%
NPF Gross 2.93% 2.42% 2.08% 1.90% 1.81%
NPF Net 0.87% 0.57% 0.55% 0.50% 0.47%
Asset NPF Coverage 148.87% 183.12% 194.35% 195.01% 190.88%
Quality FAR 17.69% 12.45% 9.15% 7.25% 9.20%
FAR Coverage 24.67% 35.57% 44.10% 50.99% 37.46%
CoC 2.36% 1.97% 1.14% 0.83% 0.84%
CAR 22.09% 20.29% 21.04% 21.40% 22.00%
Tier 1 CAR 18.29% 19.14% 19.93% 20.41% 20.92%
Capital &
FDR 73.39% 79.37% 81.73% 84.97% 83.74%
Liquidity
LCR 199.95% 173.88% 147.87% 145.62% 144.47%
NSFR 139.46% 138.47% 132.71% 122.50% 120.03%
(a) Fee Based Income Ratio = Fee Based Income / Operational Income
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 40
Page 41
Fee Based Income
% Composition
(IDR Bn) 2021 2022 2023 2024 2025 YoY
to Total FBI
Pawning 590 639 737 930 1,398 50.32% 20.27%
Emas 11 270 2,354.55% 3.91%
Treasury 131 203 397 754 1,194 58.36% 17.31%
E-Channel 547 663 587 734 801 9.13% 11.61%
Bancassurance 22 30 31 383 301 (21.41%) 4.36%
Card Business 173 225 253 277 381 37.55% 5.52%
Collection 763 1,014 1,092 1,291 1,305 1.08% 18.92%
Others* 837 939 1,062 1,135 1,247 9.87% 18.08%
Total 3,062 3,712 4,160 5,515 6,897 25.06% 100.00%
Others (Operation fee, financing fee, trade service fee, value chain, syndicated financing, CMS and others)
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 41
Page 42
Positively Impact To Our Asset Quality And Profitability
Stronger demand reflected in BSI Gold Business, along with rising Though it is still ~7% of our total loan composition, gold business has generated about 9.39% of our
gold prices total revenue as of December 2025
(IDR Bn) Gold Pawning O/S Gold Installment O/S
25,000 Total IDR/Gram FBI Gold Pawning FBI Digital Gold Margin Income Gold Installment Gold Revenue / Total Revenue
2,400,000 8.42% 9.39%
7.41% 7.99%
5.61%
2,200,000 2,436
20,000
2,000,000 768
1,586
1,280 992 270
1,800,000 520
362 452
311 69
11 163
1,600,000 36 1,398
907 8 997
15,000 645
280
1,400,000
Dec-24 Mar-25 Jun-25 Sep-25 Dec-25
1,200,000
With sound asset quality, both CoC and NPL close to zero
10,000 1,000,000 Gold Business - CoC Gold Busines - NPL
800,000 0.06%
600,000
5,000
400,000 0.02% 0.02% 0.02% 0.03% 0.03%
0.02% 0.02%
0.01% 0.01%
200,000
0 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25
0
Dec-21 Dec-22 Dec-23 Dec-24 Dec-25
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 42
Page 43
Gold Business Coming From Financing
A prospective business with +79% YoY growth and more balanced product Reflected in progressive disbursements (accumulated quarterly)
YoY
(IDR Bn) Gold Installment
Growth
Quarterly Disbursement Gold Installment (IDR Bn)
Gold Pawning 22,907
78.60% Gold Installment Customers 499,473
Gold Installment 454,585
407,459
365,938
336,840 4,929
101.23% 292,473
12,825 246,513
212,669 3,568 3,343
12,886 2,632 2,506
2,352
7,198 1,497
5,931 6,404
4,581 2,308 846
1,644 56.05%
884
3,697 4,287 4,890 6,422 10,021 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25
2021 2022 2023 2024 2025
Gold Pawning
Gold Product Penetration - Bankwide Quarterly Disbursement Gold Pawning (IDR Bn)
Gold Product Penetration - Payroll Gold Pawning Customers 181,041
7.41% 7.56% 169,754
6.90% 162,767 9,771
6.39% 155,918
150,585
5.72% 144,675 8,431
138,905 138,893 7,327
6,870
5,558 5,994
4,635 5,071
2.47% 2.73%
2.58% 2.76% 2.91%
2.31% 2.42%
1.27% 1.63%
2022 2023 2024 Mar-25 Jun-25 Sep-25 Dec-25 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25
* accumulated 2 months (Oct25 & Nov25)
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 43
Page 44
Widening Presence with Increasing Gold Loan Business
Business Demography Average Financing / No. of Customer
Gold Pawning Gold Installment Gold Pawning Gold Installment
(IDR Mn) (IDR Mn)
9.37% 8.80%
31.00 30.39
29.91
19.90% 28.39 26.16
Java 25.74
47.42% 25.51 22.72
31.68% 52.60% Sulawesi 23.84
21.33
Sumatera
23.31% Kalimantan
6.91%
Sumatera Java Kalimantan Sulawesi
351 Branches 548 Branches 69 Branches 71 Branches
Jun-24 Dec-24 Mar-25 Jun-25 Sep-25 Jun-24 Dec-24 Mar-25 Jun-25 Sep-25
Note: Java include Bali (9) & Nusa Tenggara (19)
Customer Profile
Gold Pawning (IDR Bn) Gold Installment (IDR Bn)
11.65% <35 1,141 11.37% 7.05% <35 1,156
9.77% 35-44 1,633 35-44 1,838
39.40% Employee Employee
Enterprenuer 45-54 1,480 25.78% Enterprenuer 45-54 1,771
Others* Others*
Housewife 55-64 625 Housewife 55-64 849
55.80%
65+ 119 65+ 241
39.18%
Note: Others including informal jobs such as helpers, religious scholar, farmers, fisherman, artist, driver, and etc.
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 44
Page 45
Gold Business Coming From Transactions
Scaled up gold sales and customer growth following Rising Gold Transactions: A Closer Look at Gold Buying and Selling Trends
bullion license approval (Accumulated)
YoY
Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 YoY Gold Sell Gold Buy Growth
2,802.12
Gold (Kg) 1,363.45
Balance 443 619 933 1,153 1,844 315.44%
(Kg)
Gold 2,228.53 606%
Balance 652 1,082 1,748 2,555 4,731 625.61% 834.84
(IDR Bn) 1,069.54
Customer Acquisition per month 430.67 682.79
Dec-25 184.87
77.15 293.71 263.83
gold price continue 573.59
48.93 128.07 315.60 398%
to rally 209.19 223.77
56.80 293.91
145,404 28.22 84.52 115.07 40.06 152.05
Mar-25 106,140
gold price increased 79,447 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25
~8% MTD
18,406 22,315
1,883 2,582 11,555 7,819 7,725 11,614 13,643 (x)
1,403,457 YoY
1,874 Growth
1,227 1,270 1,339 481,637
1,128
932 916 958 820 1,178,795
737 773
618
857%
1,332 275,582
881 778 710
928 934 402,775
690 700 532 703
437 497
108,945 157,291 84,097
30,517 69,070 234,812
22,579 53,355 84,162 123,161 72,625 224,662 558%
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
7,938 15,715 24,783 34,130 11,472 40,770 78,862
2023 2024 2025 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 45
Page 46
CASA Expansion Will Be One Of The Key Areas Of Focus
Sustaining CASA franchise with focus on expanding … with Wadiah becoming the preferred product offered …
Wadiah saving account (IDR Bn)
(IDR Bn) 2021 2022 2023 2024 2025 Growth YoY
+16.20%
+11.46% Current Accounts 35,693 44,521 53,201 56,336 71,828 27.50%
+12.35% 380,489
+12.11% 327,454 a. Wadiah 22,412 21,798 20,848 19,147 27,790 45.14%
293,775 38.38%
261,491 b. Mudharabah 13,281 22,723 32,354 37,189 44,037 18.42%
233,252 39.88%
39.43%
38.43% 18.88% Saving Accounts 99,374 116,484 124,726 140,534 162,628 15.72%
42.09% 17.20%
17.03% 18.11%
15.30% a. Wadiah 34,836 44,214 47,026 55,280 63,311 14.53%
42.92% 42.74%
42.60% 44.55% 42.46% b. Mudharabah 64,538 72,270 77,700 85,254 99,317 16.49%
2021 2022 2023 2024 2025 Total Wadiah 57,248 66,012 67,874 74,427 91,101 22.40%
Time Deposit (TD) Current Account (CA)) Saving Account (SA) Wadiah - (as % of Total Cust.) 61.30% 66.37% 69.31% 72.28% 75.84%
74.55% … coming from sticky and niche of Wadiah saving account Now hold the largest Wadiah saving
72.35% 71.38%
70.10% 69.36%
balance in Indonesia
56.23% YoY Wadiah
42.71% YoY
5.53% Saving Balance in
162,628 2.24%
44.61% YoY the Market
140,534 3.49% 7.63%
124,726 8.04% IDR99.01 Tn
116,484
99,374
7.73% Retail Funding
Payroll Funding
80.74% Hajj Funding
37.70% 39.34% 38.93% 84.60%
35.06% 37.96%
Others
2021 2022 2023 2024 2025 BSI
Savings Account - Wadiah Savings Account - Mudarabah
11.98% YoY
Savings / CASA Ratio
Source : Bank Financial Report Nov-25
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 46
Page 47
Optimizing Asset Mix
Treasury Book
68.12% 69.89% (% of asset)
Shifting towards more
productive assets
with ample level of
liquidity…
15.87% 13.49%
12.58% 11.91%
1.98% 1.91% 1.45% 2.81%
Financing Marketable Securities Placement at Cash Others
BI & Interbank
2024 2025
Maturity Profile 2024 2025
26.46
-
(IDR Tn) … Switching
Excess 49.06% 74.00%
to FVOCI +
liquidity is
FVTPL (AFS)
placed in
10.73 26.46 to obtain
risk free 0.05
better FBI
assets … 0.92 10.69
0.77 0.15 50.94% 26.00%
2025 2026 ≥2027
FVOCI + FVTPL AC
Gov Sukuk Corporate Sukuk
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 47
Page 48
Cost Management and Productivity Enhancement in Progress
Profitability / Employee & Branch
(IDR Bn)
% 47.26% 38.92% 27.59% 14.44% 57.39% 43.30% 22.77% 8.06%
(IDR Tn) to Revenue Growth (YoY) (YoY) (YoY) (YoY) (YoY) (YoY) (YoY) (YoY)
19.45 18.58 17.91 17.23 16.27 7.28
6.74
5.49
5.14 22.51% 0.47
Personnel 6.05% 0.41 3.83
Expenses (YoY) 0.32
5.45 20.96% 0.22 2.43
0.16
2021 2022 2023 2024 2025 2021 2022 2023 2024 2025
0.94 4.13% 19.05% Net Income / Employee Net Income / Branch No. Employee (000)
Promotion (YoY)
1.12 4.32%
CIR vs Competitor
90,0 00
83,364 8,00 0
80,0 00
7,00 0
70,0 00
6,00 0
60,0 00
5,00 0
38,355
50,0 00
5.57 24.43% 38.95% 7,405
4,00 0
G&A 40,0 00
27,069 27,744
(YoY)
3,00 0
Expenses 7.07 27.17%
30,0 00
16,338
12,686 11,698 2,00 0
8,262
20,0 00
6,308 6,379
2,169 1,779 1,00 0
1,264 1,039 393 354
10,0 00
736 203 202
- -
2024 2025 No. of Branches No. of Employees
Source: Internal Research, Sep-25
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 48
Page 49
Positive Outcome in Profitability
PPOP PAT ROE & ROA
(IDR Bn) (IDR Bn)
ROE – YTD (%)* ROA – YTD (%)**
+8.02%
+10.71%
+22.83%
7,568
12,368
+9.38% 7,006 17.77%
+33.90%
+8.71% 11,172 16.88% 16.85%
16.84%
+21.10% 5,704
10,214
9,396 +40.69%
2.49%
4,260 2.35% 2.38%
13.71%
7,759
1.98%
3,028
1.61%
2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025
*) ROE – YTD(%) = ROE Tier 1
**) ROA – YTD(%) = ROA before tax
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 49
Page 50
APPENDICES
1 BSI’s Strategic Positioning in Banking
2 Snapshot of Financial Performance
3 Risk & Asset Quality
4 ESG & Others
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 50
Page 51
Asset Quality Trend
Write off & Recovery Gross NPF Formation
(IDR Tn) 95.97% 2023 2024 2025
79.65% Wholesale 2.84% 2.25% 1.85%
66.33%
Corporate 2.89% 2.21% 1.76%
Commercial 2.68% 2.39% 2.19%
2.64 2.85
2.33 SME-Micro 3.02% 2.89% 2.99%
2.24 2.27
1.75 SME 4.08% 3.87% 3.07%
Micro 2.13% 2.12% 2.92%
Consumer, Gold & Card 1.37% 1.39% 1.43%
Consumer 1.44% 1.51% 1.63%
2023 2024 2025 Gold Business 0.07% 0.02% 0.01%
Card 3.16% 3.26% 3.23%
Write Off Recovery Recovery Rate (%)
Total 2.08% 1.90% 1.81%
NPF By Segment NPF Movement
(IDR Tn) NPF Movement (IDR Bn) 2023 2024 2025
2025 NPF (%) Wholesale
4.99 5.28 5.75
Beginning Balance 2,103 1,920 1,737
Corporate 1.76
(+) Net Downgrade (Upgrade) (29) (115) 19
2.51 Commercial 2.19 (-) Write-Offs 155 68 72
1.79 2.12
(+) Others - - -
0.49 0.59 SME 3.07 Ending Balance 1,920 1,737 1,683
0.81
0.79 0.84 0.76 Retail
0.40 0.42 0.44 Micro 2.92 Beginning Balance 2,922 3,067 3,543
1.52 1.32 1.25 (+) Net Downgrade (Upgrade) 2,638 2,747 3,099
Consumer, Gold & Card 1.43 (-) Write-Offs 2,492 2,271 2,572
2023 2024 2025
(+) Others - - -
Total 1.81%
Corporate Commercial SME Micro Consumer Ending Balance 3,067 3,543 4,071
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 51
Page 52
Loan Portfolio Mix – Consumer
2024 2025 ΔYoY
(IDR Bn)
Size SMF NPF Size SMF NPF Size
Mortgage 56,834 2.15% 2.13% 60,259 2.15% 2.10% 6.03%
Automotive 5,387 3.14% 2.62% 6,410 2.72% 2.65% 18.99%
Payroll Based Financing 59,984 0.63% 1.11% 68,433 0.68% 1.37% 14.09%
Pension 16,051 0.21% 0.46% 16,921 0.29% 0.61% 5.42%
Gold Business 12,825 0.05% 0.02% 22,907 0.03% 0.01% 78.61%
a. Gold Pawning 6,422 0.02% 0.04% 10,021 0.01% 0.02% 56.04%
b. Gold Installment 6,404 0.09% 0.00% 12,886 0.05% 0.00% 101.22%
Card 802 3.43% 3.26% 856 3.84% 3.23% 6.73%
Total Consumer 151,883 1.21% 1.39% 175,787 1.15% 1.43% 15.74%
Notes: Current: Collectability 1, SMF: Collectability 2, NPF: Collectability 3,4,& 5
Volume New Booking & Outstanding New Booking Quality
(IDR Tn)
2.44% 2.33% 1.13% 0.07%
55.21 59.87 62.59 61.51
1.76% 1.38% 0.85% 0.18%
New Booking
Quality 64.14
95.80% 96.29% 98.02% 99.75%
Comparable 38.25
22.01 27.59
2022 2023 2024 2025 2022 2023 2024 2025
Outstanding New Booking Current SMF NPF
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 52
Page 53
Loan Portfolio Mix - Wholesale
New booking quality significantly improved as the result of finding the right sector …
New Booking Quality Comparable
2024 2025 ΔYoY
(IDR Bn) Volume New Booking &
Size SMF NPF Size SMF NPF Size
Outstanding
(IDR Tn)
1. Corporate 59,598 3.98% 2.21% 70,843 3.50% 1.76% 18.87%
39.13 28.77 43.61 54.82
2. Commercial 17,621 1.13% 2.39% 19,957 1.14% 2.19% 13.26%
Total Wholesale 77,219 3.33% 2.25% 90,800 2.98% 1.85% 17.59%
39.30
… with top 10 sector aligning as below
20.34
10.31
5.81
Composition 13.16% 9.49% 15.42% 9.79% 7.13% 9.44% 3.02% 7.30% 13.13% 12.13%
To Total 2022 2023 2024 2025
Wholesale Outstanding New Booking
(8.99%) (6.67%) 2.32% (2.34%) (2.49%) 4.70% (4.28%) (0.68%) 9.52% 8.91%
YoY YoY YoY YoY YoY YoY YoY YoY YoY YoY
New Booking Quality
0.00% 0.00% 0.00% 0.00%
0.12% 0.04% 0.00% 0.00%
New Loan
64.07% 79.17%
99.88% 99.96% 100.00% 100.00%
81.09% 100.00% 94.86%
96.79%
92.60% 100.00% 93.38%
Legacy Loan 35.93% 77.25%
3.21% 20.83% 18.91% 7.40% 22.75% 6.62% 5.14%
2022 2023 2024 2025
Construction Palm Oil* Industry Services Health Telco Others Electricity Mining Trading
Services
Current SMF NPF
Notes: Current: Collectability 1, SMF: Collectability 2, NPF: Collectability 3,4,& 5
*RSPO : 9 Companies, ISPO : 7 Companies
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 53
Page 54
Wholesale – Enhancing Market Penetration Through Strategic Cross-selling Opportunities
Reinforce value chain by creating ecosystem within Balancing the client portfolio between government … as entry point in deepening payroll business for the cross-
the Client’s Master Group and private … selling …
(No of Clients) SOE
38% Wholesale Client*
13.98%
186 Non-Wholesale
Client
Client 86.02% *> 500.000
Acquisition 145 potential
Wholesale 1.51 Million Employee’s
from 185 Group
Payroll
of Wholesale
Clients
Private Co
2024 2025 62%
… both from liability and financing
(No of Clients) Financing
(IDR Tn)
Funding
Client 4,397 25.90
Acquisition IDR 80.71 Tn
Growth of IDR 26.64 Tn 0.74
92.44% YoY Growth CIF 97,266
Wholesale 2,696
Wholesale : 70.98 Tn Retail: 9.73 Tn
CIF 3,617 CIF 430,000
2024 2025 Consumer SME-Micro
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 54
Page 55
Financing Segment – SME - Micro
2024 2025 ΔYoY
(IDR Bn)
Size SMF NPF Size SMF NPF Size
1. SME 21,633 0.47% 3.87% 24,591 0.64% 3.07% 13.67%
2. Micro Financing 27,746 1.75% 2.12% 27,667 1.97% 2.92% (0.28%)
Subsidized (KUR) 25,685 1.57% 1.52% 25,786 1.79% 2.40% 0.39%
Non-subsidized
2,060 3.92% 9.66% 1,881 4.51% 9.96% (8.73%)
(Non-KUR)
Total Retail 49,379 1.19% 2.89% 52,258 1.35% 2.99% 5.83%
Volume New Booking & Outstanding New Booking Quality
(IDR Tn)
5.27% 5.29% 2.40% 0.09%
19.48 21.15 26.21 21.30
1.79% 0.31%
New Booking 2.34% 2.40%
Quality
Comparable 16.98 16.93 92.39% 92.31% 95.81% 99.59%
8.25
4.18
2022 2023 2024 2025 2022 2023 2024 2025
Outstanding New Booking Current SMF NPF
Notes: Current: Collectability 1, SMF: Collectability 2, NPF: Collectability 3,4,& 5
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 55
Page 56
Applying Provision Accordingly Based on Collectability
Outstanding / Provision 18.55% 3.57% 53.62% 29.64% 3.02%) 7.93%
(YoY) (YoY) (YoY) (YoY) (YoY) (YoY)
(IDR Tn)
210.17
Composition
<1% 65.91%
>1% sd 5% 27.81%
Total Outstanding >5% sd 15% 2.63%
IDR 318.84 Tn >15% sd 50% 1.54% 88.66
>50% sd 99% 0.91%
100% 1.19%
8.39 4.93 2.90 3.81
Composition
<1% >1% to 5% >5% to 15% >15% to 50% >50% to 99% 100%
Source : Internal data, Dec-25
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 56
Page 57
IDR Asset Remain Dominance - Low Impact on FX Risk Despite of Currency Volatility
Foreign currency exposure relatively low … … with trend of being naturally hedged for foreign currency exposure
(IDR Tn) (IDR Tn)
70.52%
51.68%
6.54 6.90 28.50%
21.85% 20.49%
4.78
3.88 4.22
33,696
2.79% 1.83% 1.76% 2.35% 2.17%
22,930
19,294
97.21% 98.17% 98.24% 97.65% 97.83%
7,502 6,905
6,778 6,536
4,780 4,216
3,877
2021 2022 2023 2024 2025 2021 2022 2023 2024 2025
Total USD Financing IDR Financing USD Financing FDR USD Third Party Funds USD Financing
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 57
Page 58
APPENDICES
1 Banking Industry
2 Financial Highlight
3 Risk & Asset Quality
4 ESG & Others
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 58
Page 59
BSI Sustainability Governance
Sustainability Framework Sustainability Governance Structure
CASA Ratio
Vision
Statement
The Best Global Islamic Bank Based on Implementation of Sustainable Finance Board of Board of Commissioner Sharia Supervisory Board
Committee Level
Pillars SUSTAINABLE BANKING SUSTAINABLE OPERATION SUSTAINABLE BEYOND BANKING
Commitment Unique in Sustainable Net Zero Emission Leader in ZISWAF Ecosystem for social impact
Product Innovation in Operation to achieve SDGs
-
4. Achieving NZE in Operations (Carbon
Board of Director Board of Director
7. Financial Inclusion
1. Integrating
- ESG Aspect in Business Tracking, Green Business Mindset)
Process (ESG Framework, Risk 8. Distribution of ZISWAF
Management & Policy) 5. Digital Transformation
Initiatives
3.1 Privacy &
6. Proactive Strategy on Data
Steering
2. Develop Sustainable Product Risk of
Board Board Management Committee
Board of CommissionerDirector
Security 0 Committee
3. Portfolio Management (Focus
sector and portfolio development)
2.8
0
Working Group Risk Management Committee Working Group
Focus SDGs
ESG Group – As a Sustainability Control Tower
Enablers Strengthening ESG Governance, Capacity Development, Collaboration & Disclosure
Maqashid
• Business Unit • Enabler Unit
Hifdz Ad-Din (protecting religion), Hifdz An-Nafs (protecting life), Hifdz Al'Aql (protecting intellectuality),
Syariah Hifdz Al-Maal (protecting wealth), Hifdz An-Nasb (protecting generation), and Hifdz Al-Bi'ah (protecting the environment) • Support Unit • Regional Office
Sustainability Policy and Risk Management
New Policy Climate Risk Management Scenario & Analysis (CRMS) Adherence to Global Standard Joining ESG Nation Association
• ESG Guiding Principle
• SOP Sustainable Finance
Climate Risk stress
• Piloting Taksonomi Sustainable Finance Indonesia BSI joined UNEP FI
testing analysis on
(TKBI) 100% the bank's portfolio membership and
51,63%
• Green Sector PRB signatories
ESG Working Group ESG Working Group
• Exclusion List
2024 2025
Perbanas Asbisindo
• Reduction of financing limit for brown sector
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 59
Page 60
ESG Highlights
BANKING OPERATION BEYOND BANKING
Sustainable Financing
Portfolio is about
Green building office : Landmark BSI Aceh & BSI Tower
11 Solar Panel in BSI 70 Unit recycle
IDR 400 bn
23.18% of total loan IDR
which consist of:
73.92 Tn Outlets & DESA BSI bottle vending machine Total distribution value of BSI UPZ, Zakat,
in Jabodetabek & Bali Infaq, Social Funds, and Waqf as per Dec-25
Green Financing
Portfolio is about IDR 15.66 Tn 13 Charging station 144 Operational BSI Ziswaf Allocation Across 5 Program Pillars:
in BSI Head Office & electric
21.20% Outlets vehicles No of People
% Disbursement
Pillar Impacted
Composition (IDR Bn)
('000)
Social Financing
Portfolio is about
78.80%
IDR 58.26 Tn Launched Digital carbon tracking
19,374.40 TCO2eq scope 1 (Fuel) Economic Pillar 6.6% 26.4 591.1
70,356.55 TCO2eq scope 2 (Electricity) Education Pillar 28.7% 114.8 23
Electric vehicle
Portfolio
IDR 396 Bn BSI ESG Articles : 140,147 articles Humanitarian Pillar
Health Pillar
37.2%
3%
148.8
11.8
599.1
27.3
BSI ESG Landing Page : https://ir.bankbsi.co.id/esg/home.html
Dakwah & Advocacy
9.5% 38.2 45.9
Pillar
Sustainability Sukuk Phase II IDR 5 Tn Gender Equality : 41% female employees (2025) Amil 15% 60 -
Male,
Male,
59%
59%
ESG Rating ESG Awards
Euromoney Islamic Finance Awards 2025
1
st Global Islamic Bank 1. The World’s Best Islamic Bank for ESG
2. Asia’s Best Islamic Bank for ESG
3. Indonesia’s Best Islamic Bank for ESG
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 60
Page 61
Details on Sustainable Finance
Green Financing Portfolio Mix by Segment
Regulatory Underlying %
Sustainable Finance at BSI following POJK No.
51/POJK.03/2017 concerning the Implementation Energi Terbarukan 4.32%
(Renewable energy) 22 bps
Guidelines of Sustainable Finance for Financial Service
4.54%
Institutions, Issuers, and Public Companies.
Pengelolaan SDA Hayati dan Penggunaan Lahan yang
Berkelanjutan 48.74%
(Management of Biological Natural Resources and (1184 bps)
Sustainable Land Use) 36.90%
(IDR Tn) +11.2%
+15.23% 73.92 Transportasi Ramah Lingkungan 2.25%
(Green Transportation) 380 bps
66.49 6.05%
+12.06%
+10.59% 57.70 0.65%
Pengelolaan Air dan Air Limbah yang Berkelanjutan
51.49 (Sustainable Water and Wastewater Management) (7 bps)
0.58%
46.56
78.82% 41.27%
78.82% Produk yang Dapat Mengurangi Penggunaan Sumber Daya
(Eco-Efficient) - (Sustainable Products) (13 bps)
78.80% 41.15%
81.22%
84.75% Bangunan Berwawasan Lingkungan yang Memenuhi Standar 0.95%
(Sustainable Buildings Compliant with Recognized Standards) (30 bps)
0.65%
Kegiatan Usaha dan/atau Kegiatan Lain Dari Kegiatan 1.82%
21.20% 21.18% 21.18%
18.78% Usaha Berwawasan Lingkungan
15.25% (Eco-Friendly Business Operations and Related Activities) 10.14% 832 bps
2021 2022 2023 2024 2025
Dec-24 Dec-25
Social Based Business Activity (KUBS) Green Based Business Activity (KUBL)
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 61
Page 62
Customer Profile
Having significant customer in productive age forms a valuable resources … … and getting more tractions from non-Muslim customers as the result of
better product and pricing offering
2024 2025
7.74% 65+ 8.29%
12.65% 55-64 12.98%
18.29% 45-54 18.56%
88.90% 86.70%
90.99% 90.08%
20.99% 35-44 21.41%
23.27% 25-34 24.12%
11.13% 18-24 11.11%
11.10% 13.30%
9.01% 9.92%
5.84% 0-17 5.89% 2022 2023 2024 2025
Muslim Non-Muslim
Source: Internal Data
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 62
Page 63
Progressive Contribution to Indonesia
Corporate & Employee Zakat of BSI in 2024 has
grown align with higher profitability recorded
(IDR Bn)
+17.96%
316
BSI Maslahat as BSI’s vehicle for ZISWAF (Zakat, Infaq,
Sedekah & Wakaf) distribution, focusing on the following: 268
223
Education Health Social Economy Islamic Program 173
IDR 114.83 Bn IDR 11.82 Bn IDR 144.30 Bn IDR 26.41 Bn IDR 38.15 Bn 123
23.04 K Number of 27.34 K Number of 599.13 K Number of 591.12 K Number of 45.90 K Number of
Beneficiaries Beneficiaries Beneficiaries Beneficiaries Beneficiaries 2021 2022 2023 2024 2025
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 63
Page 64
Investor Relations Group |PT Bank Syariah Indonesia (Persero) Tbk - 64
Names mentioned 19 people and organisations named in the text · linked when the evidence is strong
unresolved
org
Bank Indonesia
p.5 ×2
unresolved
org
Bank Syariah Indonesia Journey
p.8
unresolved
org
Bank License
p.8 ×2
unresolved
org
Bank GOLD INSTALLMENT
p.17
unresolved
org
Bank D Consumer Portion
p.36
unresolved
org
Bank Financial Report Nov-
p.46
unresolved
person
Sharia Supervisory
· Commissioner
p.59
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