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Page 1
Public Expose
PT Terang Dunia Internusa Tbk
October 2025




               Strictly Private and Confidential
Page 2
  1
  Management Team




                                    2
Strictly Private and Confidential
Page 3
     Highly Experienced Founders as Management
     Team
     Board of Directors




                         Stephen Mulyadi                Andrew Mulyadi                   Henry Mulyadi
                         President Director             Director                         Director

                         Success in building            Developed the United brand       More than 30 years of
                         companies into a larger        into a household name.           experience in the
                                                                                         transportation industry and
                         scale.
                                                                                         manufacturing
                                                           •   Director in PT Terang
                         • President Director of PT            Dunia Internusa Tbk        • Director of PT Terang Dunia
                           Terang Dunia Internusa Tbk      •   Co-Founder of PT Sepeda      Internusa Tbk
                         • President Director of PT            Bersama Indonesia Tbk      • Co-Founder of PT Sepeda
                           Bintang Timur                   •   Director of PT Bintang       Bersama Indonesia Tbk
                         • President Commissioner of           Timur                      • President Director of PT
                           PT Wahana Inti Utama            •   Director of PT Wahana        Wahana Inti Utama
                         • President Commissioner of           Inti Utama                 • Director of PT Bintang Timur
                           PT Bintang Mas Lestari          •   Commissioner of PT
                                                               Bintang Mas Lestari




                                                                                                                           3
Strictly Private and Confidential
Page 4
  2
  Company Overview




                                    4
Strictly Private and Confidential
Page 5
     Company at A Glance
    •    Established in 1988, PT Terang Dunia Internusa Tbk (“TDI”) is a bicycle and electric two-
         wheeler manufacturer in Indonesia with over 30 years of experience. TDI has a well-known                                               Vision
         brand “United” for bicycles and e-Motor products.
                                                                                                                                   Revolutionize      the         transportation
    •    Manufacturing and distributing over 100 types of bicycles to 620 dealers across Indonesia and                             industry by providing eco-friendly,
         the world. Currently, TDI has 4 type of E-Motor distributed to 26 authorized stores and 49 sub                            efficient, and affordable electric and
         dealer for E-Motor. TDI has 3 factory facilities in Citeureup, Gunung Putri, and factory owned by                         pedal driven two-wheelers to the
         affiliate PT Cahaya Hidup Indonesia (“CHI”) in Curug.
                                                                                                                                   world.

    •    As one of the largest player in bicycle industry in Indonesia with 25% market share in 2022
         according to Frost & Sullivan, TDI currently expands to electric two-wheeler business and                                             Missions
         looking to be a dominant player in the market.
                                                                                                                                   1. Design    and      manufacture      high-
                                                                                                                                     quality electric and pedal drive n
                                                                                                                                     two-wheelers that are accessible,
                                                                                                                                     reliable, and sustainable.

     Unique Value                       How We Win                                                                                 2. Reduce      carbon     e missions    and
      Proposition                                                     Our Actions                    Our Commitment
                                        The Market                                                                                   provide clean transport solutions
                                                                                                                                     to people worldwide.
  We have end to end            • Develop and build eco-friendly   • Expand our electric        •   Environmental responsibility
                                                                                                                                   3. Providing    exceptional        customer
experience in building the        electric motorcycles, as an        motorcycle business        •   Clean transport
                                  alternative of ICE motorcycles   • Build an electric          •   Affordability                    service and building a community
top-of-mind brand in the
    country “United”              at every price point               motorcycle manufacturing   •   Quality                          of ride rs who share our values
                                • Investment in R&D, Marketing       facility                   •   Innovation
                                                                                                                                     and       passion      for     sustainable
                                  and Infrastructure
                                                                                                                                     transportation.


                                                                                                                                                                          5
Strictly Private and Confidential
Page 6
  3
  Business Overview




                                    6
Strictly Private and Confidential
Page 7
    BUSINESS
    ECOSYSTEM
     PT Terang Dunia Internusa Tbk product offerings comprises Bicycles, Electric Bicycles,
     Electric Moped and Electric Motorcycles.




                      Bike                       E-Bike                    Electric Moped         E-Motor
                 Folding Bike              Electric Folding Bike                                 New TX3000
                Mountain Bike             Electric Mountain Bike                                 New TX1800
                     BMX                     Electric City Bike                                   New T1800
                  Road Bike                 Electric Gravel Bike                                 New MX1200
                     Etc.                                                                          MT1500
                                                                                                    C2000
                                                                                              Avand SC121 & SC122
                                                                                                 Avand SL150

Strictly Private and Confidential
Page 8
    ELECTRIC
    MOTORCYCLE




Strictly Private and Confidential
Page 9
    ELECTRIC
    MOTORCYCLE




Strictly Private and Confidential
Page 10
    ELECTRIC
    MOTORCYCLE




Strictly Private and Confidential
Page 11
    PROJECTS                                                              UNITED RX6000
    As public awareness of the importance of environmentally friendly
    transportation continues to grow, along with government support
    for the development of a sustainable ecosystem, the electric
    motorcycle industry in Indonesia is facing a bright future.
    Through UNITED E-MOTOR, UNTD offers a wide range of electric
    motorcycles distributed across various regions, reaching different
    segments of society.




     The industry also holds great prospects for collaboration with the   The United RX6000 is the latest electric motorcycle
     government, with potential cooperation valued at IDR 500 billion.    model designed as a dual-purpose motorcycle,
                                                                          suitable for both on-road and off-road use.
     In addition, the Indonesian government has indicated that the
     Electric Motorcycle Subsidy Program will be reintroduced in 2025—    Inspired by trail motorcycles, it offers a riding
     an initiative that will greatly support people who wish to own an    experience similar to an urban sportbike.
     electric motorcycle.
                                                                          The United RX6000 was first introduced at the 2025
                                                                          Indonesia International Motor Show (IIMS).
Strictly Private and Confidential
Page 12
    PROJECTS
                                    UNTD continues to develop strategies in delivering
                                    bicycles and electric bikes that are affordable,
                                    accessible, and tailored to the needs of the Indonesian
                                    market.
                                    Its latest collection features electric bikes powered by
                                    Lithium batteries, offering longer durability, greater
                                    mileage, and excellent efficiency.
                                    Currently, UNITED BIKE has launched 8 types of Lithium-
                                    based electric bikes in the market, including the United
                                    Salvador CR, Milano V1, and Rugen DX.




Strictly Private and Confidential
Page 13
        Manufacturing Facilities




    Citeureup Facility,                 Gunung Putri                   Curug Facility
    Citeureup, Bogor (4 Ha)             Facility,                      Curug (5 Ha)
    Bike & E-Bikes                      Bogor (0.9 Ha)                 Moped & E-Motor
                                        Bicycle manufacturing          manufacturing Plant
                                        Plant


              Production Capacity
              ➢ Citeureup & Gunung Putri                        Product Planning                             Quality Control
    k         • Up to 1,000,000 Bike per year                   • Comprehensive R&D (Business & Technical)   • Supervised from upstream to downstream
              • Up to 250,000 E-Moped per year                      by Internal & Co-Research with Global        to get the best product
              • Up to 150,000 E-Motor per year                      Partners                                 •   Conduct QC with manual sampling and
              ➢ Curug (PT CHI)                                  •   Annual Refreshment Product                   machine (e.g Dynotester, etc)
              • Up to 500.000 E-Moped & E-Motor per             •   Have products for every market segment
                year
                                                                                                                                               13
Strictly Private and Confidential
Page 14
  4
  Financial Performance




                                    14
Strictly Private and Confidential
Page 15
     Kinerja Keuangan (Dalam Jutaan Rupiah)
                                      GROSS PROFIT                                                          OPERATING PROFIT
                            Q2 2025    Q2 2024       2024      2023      2022                         Q2 2025      Q2 2024       2024      2023      2022


                                                     174.529
                                           131.718             133.941                                                           107.234
                                                                                                                                            88.414
                                                                                                                        70.590
                           49.711 58.559
                                                                                                      791       5.533



                  LAPORAN LABA RUGI / INCOME STATEMENT
                              DESKRIPSI / DESCRIPTION                           Q2 2025     Q2 2024          2024                 2023                2022

                PENJUALAN NETO / NET SALES                                        179.103     247.344 573.313,00             684.623,00           419.174,00
                BEBAN POKOK PENJUALAN / COST OF GOODS
                SALES                                                             129.392     188.785- 441.595,00 - 510.094,00 - 285.233,00

                LABA BRUTO / GROSS PROFIT                                          49.711      58.559 131.718,00             174.529,00           133.941,00

                LABA USAHA / OPERATING PROFIT                                         791       5.533       70.590,00        107.234,00              88.414,00

                JUMLAH LABA KOMPREHENSIF / TOTAL
                COMPREHENSIVE INCOME                                                1.106       5.513       12.616,34            19.261,97           21.219,77
                                                                                                                                                                 15
Strictly Private and Confidential
Page 16
     Balance Sheet


                                                                                                                   TOTAL EQUITIES
                                                                                                         Q2 2025      Q2 2024      2024          2023      2022


LAPORAN ASET &                                                                                                     661.886
LIABILITAS / ASSET &
                                                                                                         595.592
LIABILITY STATEMENT
       DESKRIPSI /                                                                                                           527.819
                                     Q2 2025       Q2 2024          2024          2023        2022
      DESCRIPTION
ASET / ASSETS                  1.274.293,08      1.190.266,00   1.227.823,00   925.062,00   762.962,00
LIABILITAS / LIABILITIES            678.701,46    578.379,57     600.004,00    703.310,00   594.668,00
EKUITAS / EQUITIES                  595.591,63    611.886,43     627.819,00    221.752,00   168.294,00
                                                                                                                                       221.752
                                                                                                                                                 168.294




                                                                                                                                                            16
Strictly Private and Confidential
Page 17
                                    THANK YOU




                                                17
Strictly Private and Confidential

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Names mentioned 18 people and organisations named in the text · linked when the evidence is strong

linked org Terang Dunia Internusa Tbk p.1 ×9
linked person Stephen Mulyadi p.3
linked person Andrew Mulyadi p.3
linked person Henry Mulyadi p.3
unresolved org PT Terang p.3
unresolved org Dunia Internusa Tbk p.3
unresolved org PT Sepeda p.3
unresolved org Internusa Tbk p.3
unresolved org Bersama Indonesia Tbk p.3 ×2
unresolved org PT Sepeda Bintang Timur p.3
unresolved org PT Bintang p.3
unresolved org PT Wahana Inti Utama p.3
unresolved org PT Wahana p.3
unresolved org PT Bintang Timur p.3
unresolved org PT Bintang Mas Lestari p.3 ×2
unresolved org PT Cahaya Hidup Indonesia p.5
unresolved org PT CHI p.13

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