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1H26 Results Presentation PT Bank Tabungan Negara (Persero) Tbk . Jakarta, 16 July 2026
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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 .
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Material Presentation Annual Report Sustainability Report
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Table of Contents
Macroeconomics & Management Highlights 05
Strengthening E ngine for S ustainable F unding 16
Expanding Beyond Mortgage 21
Digital Initiatives 25
BTN Financial Highlights 31
Asset Quality 45
ESG Update 52
Bank Only : Financial Highlights 66
Subsidiaries : Bank Syariah Nasional 68
Appendix 72
4
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Macroeconomics & Management Highlights
Page 6
Macroeconomic Highlights
Commodity Prices have Started to Normalize as Spread Widening as Indonesian Government Bond
Weakened Rupiah Amid Global Volatility
Geopolitical Tensions have Gradually Subsided Yields Moved higher
Spread IDR - USD (RHS)
Brent Oil (LHS) Coal (LHS) CPO (RHS) DXY (LHS) USD/IDR (RHS) (% ) IDRG10Y (LHS)
115.0 15,000 (bps)
5,500 USDT10Y (LHS)
150
5,300 15,500 8.5 340
110.0
5,100 16,200 6.9 7.1
130 16,000 7.5 6.6 290
129.7 4,900 17,041 6.1
105.0 6.5 240
110 4,474 4,700 101.216,500
4,500 100.0
114.6 100.0 17,000 5.5 190
90 4,300 4.2 4.4 4.5
17,907 4.2
4,100 17,500 4.5 140
4,013 95.0
70 3,900 96.8 18,000 3.5 90
72.9 3,700
67.5 2.5 40
50 3,500 90.0 18,500
Mar-25
Mar-26
Mar-24
Mar-25
Mar-26
Mar-25
Mar-26
Dec-25
Sep-25
Jun-25
Dec-24
Jun-26
Sep-24
Dec-25
Sep-25
Jun-24
Jun-25
Dec-24
Sep-24
Jun-26
Dec-25
Sep-25
Jun-24
Jun-25
Dec-24
Sep-24
Jun-26
Jun-24
Higher Inflation on June driven by Energy Prices FX Reserves Remained Resilient Key Takeaways
and Selected Food Commodities Despite Volatility in the Rupiah
▪ Easing global risks has contributed to a more
(% ) CPI mom (LHS) CPI yoy (RHS) (% ) 160
156.5
(USD Bn) favorable market sentiment, resulting in brent oil
prices falling from its earlier peaks .
2.0 6.0 155
1.6
4.8 ▪ As of Jun - 26 , foreign ownership of government
1.5 5.0 150 bonds declined to 12.6 % (vs 14.6 % Jun - 25 ), putting
145.6
3.0 3.3 4.0 145
pressure on the Rupiah and lifting the IDRG 10Y
1.0 2.9
3.0
yield to 7.1% .
0.4
0.5 140
1.6 0.6 0.4 2.0 ▪ Inflation reached 3 .3 % yoy in Jun - 26 , driven by
- 135 higher food prices (red chili, shallots, tomatoes, and
1.0
rice) due to the end of harvest season and Eid al-
-0.5 - 130 Adha period, also higher energy prices (household
1.0 gas, gasoline, and air transportation costs) .
-1.0 -1.0 125
Jun-24
Sep-24
Jun-25
Sep-25
Jun-26
Mar-25
Mar-26
Dec-24
Dec-25
▪ FX Reserve fell to USD 145 .6 Bn in Jun - 26 from
Mar-25
Mar-26
Mar-24
Dec-25
Sep-25
Jun-25
Dec-24
Sep-24
Jun-26
Jun-24
USD 156.5 Bn in Dec - 25 as Central Bank focused to
defend Rupiah .
Source : Bloomberg, Bank Indonesia, Statistics Indonesia 6
Page 7
Liquidity Highlight
SRBI Yields Increased as Bank Indonesia Strengthened its Rupiah The Government Reinjects SAL Net Liquidity to Decline
Stabilization Measures Through Bond Purchases. Funds into the Banking System to its Lowest level Since Nov - 25
(% ) Weighted Average SRBI BI Rate IDRG10Y (IDR Tn) Total SAL Fund BTN (IDR Tn) Net Liquid Repo BI (IDR Tn)
8.0 7.6 383.0 250.0 500.0
7.5 432.6
7.5 7.2 197.7
300.0 300.0 200.0 400.0
7.0 6.7
7.1
6.5 6.9 200.0 200.0 150.0 300.0
6.0
6.0 6.4 6.4 5.75
6.25 36.0 36.0 38.3 100.0 200.0
5.5 6.0 25.0 25.0
5.75 5.75
5.50 4.9 50.0 28.0 100.0
5.0 12.7
1-Jul-26
4.5
13-Sep-25
4.75
25-Mar-26
25-Apr-26
4.6 - -
29-Jun-26
Mar-25
Mar-26
Mar-24
Dec-25
Mar-25
Sep-25
Dec-23
Sep-23
Mar-26
Jun-25
Dec-24
Sep-24
Jun-26
Jun-24
Dec-25
Sep-25
Jun-25
Dec-24
Sep-24
Jun-26
Jun-24
SRBI Outstanding Hits All - Time High Since Its Launch in Sep - 23
Key Takeaways
(IDR Tn)
1,072.6
▪ BI raised its benchmark rate by 100 bps since May - 26 , bringing the BI Rate to
979.9
969.2
960.7
957.9
927.6
923.5
920.8
5 .75 % as of Jun - 26 , mainly to protect Rupiah .
894.0
893.4
891.1
881.8
867.4
860.3
837.2
831.2
783.0
754.8
740.8
730.9
723.2
▪ The SRBI rate also surged to 7.6 % in Jun - 26 with outstanding of IDR 1,072.6
721.1
715.6
709.1
705.8
Tn as of Jun-26, the highest record since its inception in Sept-23. This should
558.2
also reflect higher liquidity cost . In addition, Indonesian Government Bond
410.7
405.0
399.4
350.0
10Y jumped to 7.1% .
254.5
197.7
130.2
▪ Central Bank’s efforts to stabilize the Rupiah led to a tighter liquidity, lifting the
71.5
Repo Balance by IDR 404 .6 Tn YtD to IDR 432 .6 Tn in Jun - 26 .
▪ The Ministry of Finance allocated nearly IDR 400 Tn to state - owned banks
(SOEs) to strengthen banking system liquidity, including a total of IDR 38 .3 Tn
Mar-25
Mar-26
Mar-24
Apr-25
May-25
Oct-25
Apr-26
Oct-23
May-26
Apr-24
May-24
Nov-25
Oct-24
Feb-25
Nov-23
Aug-25
Jul-25
Feb-26
Dec-25
Nov-24
Sep-25
Feb-24
Dec-23
Aug-24
Sep-23
Jul-24
Jun-25
Dec-24
Jan-25
Sep-24
Jun-26
Jan-26
Jun-24
Jan-24
to BTN .
Source : Bank Indonesia (Monetary Operation), Bloomberg, processed . 7
Page 8
0.9
3.5
Dec-21
5.4
Dec-21
1.6
Feb-22 Feb-22
Apr-22 Apr-22
Jun-22 Jun-22
HPI Type 45
Aug-22 Aug-22
Source : BTN HPI 2 Q26
Oct-22 Oct-22
Dec-22
1.8
6.8
Dec-22
6.7
1.7
Feb-23 Feb-23
Apr-23 Apr-23
National House Price Index
Jun-23 Jun-23
Aug-23 Aug-23
Oct-23 Oct-23
BTN-HPI
BTN-HPI
2.0
9.2
8.2
Dec-23
1.4
Dec-23
Feb-24 Feb-24
Apr-24 Apr-24
Jun-24
YoY
Jun-24
QoQ
Aug-24 Aug-24
Oct-24 Oct-24
6.4
Dec-24
4.4
1.7
1.4
Dec-24
YoY
QoQ
Feb-25 Feb-25
Apr-25 Apr-25
Jun-25 Jun-25
Aug-25 Aug-25
Oct-25
BTN House Price Index (HPI) as of June 2026
Oct-25
Dec-25 Dec-25
Feb-26 Feb-26
Apr-26 Apr-26
5.3
Jun-26
1.6
2.3
5.8
Jun-26
6.0
Dec-21
1.0
6.2
Dec-21
1.9
Feb-22
Apr-22 Feb-22
Jun-22 Apr-22
Aug-22 Jun-22
HPI Type 36
HPI Type 70
Oct-22 Aug-22
Oct-22
2.7
Dec-22
5.8
Dec-22
1.7
Feb-23
7.1
Apr-23 Feb-23
Jun-23 Apr-23
Aug-23 Jun-23
Oct-23 Aug-23
BTN-HPI
Dec-23 Oct-23
1.3
BTN-HPI
10.5
1.1
7.7
Feb-24 Dec-23
Apr-24 Feb-24
Apr-24
YoY
Jun-24
YoY
Aug-24 Jun-24
Oct-24 Aug-24
Oct-24
5.6
Dec-24
1.9
QoQ
7.6
Dec-24
1.8
Feb-25
QoQ
Apr-25 Feb-25
Jun-25 Apr-25
Aug-25 Jun-25
Oct-25 Aug-25
Dec-25 Oct-25
Feb-26 Dec-25
Apr-26 Feb-26
Apr-26
0.4
2.7
Jun-26
6.2
Jun-26
1.7
8
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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 Scale - up “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 ”
partnership to tap into their
59 25.7 k
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 ~ 439 k
9 payroll accounts
Sales Center
Healthcare
new core
banking system
Integrated Ecosystem &
Unique Lifestyle
Comprehensive Digital
Targeting Less Crowded > 11,000 > 344 k Ecosystem
developers merchants
Segment
Splitting retail customers into
4.3 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
9
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Cost Of Deposits Performance in 6M26
Through various initiatives, low - cost CASA has begun to show significant growth, ultimately contributing to a reduction in the c ost of deposits.
CASA Low - Cost vs High Cost (Bank Only) The Initiatives proven to be Effective, Translating to Lower Cost of Deposits
The cost of deposit remain manageable at 3.01% in 6M26, supported by lower rate CASA.
CASA Low Cost CASA High Cost
12.0 Consolidated Cost of Deposits (% ytd )
(IDR Tn) (IDR Tn) 6.0
10.0
6.11 6.14 6.15 5.99 6.14 6.14
9.1% 7.9 %
5.78 5.0
yoy yoy
8.0
4.14 4.13 4.09 4.05 4.13 4.10
3.88
4.46 4.54 4.56 4.57 4.0
140.5
128.8 38.4 6.0
35.4
29.0 2.97 2.98 2.98 3.01
24.9 10.6 3.0
9.2
4.0
2.01 1.98 1.96 2.06 2.17 2.24 2.09
103.9 111.5
27.8 26.2 1.42 1.28
2.0
2.0
1.26 1.23
2.26 2.19 2.14 2.19 2.15 2.02 1.89
1.37 1.40 1.40 1.46
Jun-25 Jun-26 Jun-25 Jun-26 - 1.0
6M24 9M24 12M24 3M25 6M25 9M25 12M25 3M26 4M26 5M26 6M26
Current Acc . Saving Acc . Total
Current Acc. Saving Acc. Time Deposits
Low - cost CASA calculated based on savings and current accounts
Total Deposits
with counter rate
10
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Better Deposit Structure with Disciplined Funding Cost Management
Cumulative Cost of Deposits (% ytd ) - Consolidated
Manageable Cost of Funds at 3.01% Despite higher BI Rate Sustained Deposit Growth with Lower Interest Expense
5.75%
1.42 1.43 1.38
5.50% 1.36
1.29
5.25% 5.25% 1.13 1.17
1.05 1.09 1.06 1.08
1.05
1.00
5.00%
4.75%
4.13% 4.15% 4.15% 4.10% 437.40
4.06% 433.95 433.00
3.97% 429.93 431.30
3.91%
423.96
423.08 422.69
420.33
418.35
406.38
400.82 401.45
3.11% 3.01%
2.95% 2.97% 2.98% 2.98%
BI7DRR CoF (%) Total Deposits (IDR Tn) Interest Expense MtM (IDR Tn)
11
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Improving Funding Cost Profile as Cost of Deposits Decline
Current Account Saving Account Time Deposit
Cumulative Cost of Deposits (% ytd ) - Consolidated
2.2 2.2 2.2 2.2 2.2 2.2
2.1 2.1
2.2 2.2 2.2
2.1 2.0 2.1 2.1 2.1 6.2 6.2 6.1
2.1 6.1 6.1
2.0 1.9 6.0 6.1 6.1
5.9
1.9
5.8
1.6
1.4 1.4 1.5 1.5 1.4
1.4 1.4 1.4
4.7 4.6
1.3 1.2 1.3 4.5 4.5 4.6
4.4
Cumulative Cost of Deposits (% ytd ) - Bank Only
2.3 2.3 2.3 1.8 1.8 1.8 1.8 1.8
2.3
2.2 1.7 1.7 1.8 1.7
2.2 2.1 1.6
2.1 2.0 6.2 6.2 6.1
2.0 6.1 6.1
6.0 6.1 6.0
5.9
5.8
1.1
1.5
1.5 1.4 1.5 1.5 1.5 1.0 0.9 0.9 0.9 0.9
4.7
4.5 4.5 4.6 4.6
4.4
12
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Accelerating Growth Through New Initiatives in 2026
Acquiring Loan Portfolio to Drive Inorganic Growth Collaborating with Digital Platform to Enhance Capabilities
▪ As part of its growth strategy, BTN is pursuing BTN continues to expand digital ecosystem through strategic partnerships and
inorganic expansion through selective loan 20% 30% digital platforms to enhance customer engagement.
portfolio acquisition .
▪ This approach enables BTN to accelerate loan
growth with better yield and shorter loan tenor X
than mortgages, as well as to optimize portfolio 80% 70%
composition (~ 30 % portion of non - housing Strengthening BTN's digital ecosystem
loan within the next 5 years) . through strategic collaboration with
▪ By targeting high - quality assets and strategic Rumah 123 and Pinhome , delivering a
segments , BTN is aiming to generate higher Jun-26 2030F seamless end - to- end home - ownership
returns while maintaining a measured risk journey for customers .
profile . Housing Non Housing
Penetrating and Collaborating into Large - Scale Ecosystems Leveraging Exclusive In - Branch Bancassurance Partnerships
Expanding large ecosystem acquisition through
Balé by BTN by unlocking exclusive travel ▪ Strengthening BTN’s wealth management FBI from
promotions to popular destinations and enhancing proposition to accelerates the growth of fee - based Bancassurance
customer value while strengthening ecosystem income (FBI) through exclusive in - branch (as of 6M26)
engagement . bancassurance collaborations .
▪ This initiatives enhance cross selling effectiveness,
Automated Bundling Solutions Tapping Institutional to boost CASA customer engagement, and maximizing the IDR 27.4 Bn
productivity .
▪ Providing convenient access for a Expanding institutional funding by
▪ In- branch bancassurance driving financial
comprehensive products of KPR, strengthening engagement with the
benefits , not only to enhance Annual Premium
KAR, and KRING . Regional Government (PEMDA) as
▪ Integrating
improves
approach
customer
not only
experience
main entry point to support CASA
growth and stickiness .
Equivalent (APE) but also to creates beneficial
ecosystem , supporting both revenue optimization 1.5 %
and long - term partnership sustainability . of Total FBI
but also supports sustainable
growth through cross - selling and
financial engagement . 13
Page 14
Bank Syariah Nasional : Accelerating Business Growth as a Key New Driver in Advancing
Indonesia’s Islamic Economy and Strengthening the National Sharia Ecosystem
Strengthening Synergies with PP Muhammadiyah Robust financial profile (as of 1H26)
▪ BSN officially signed a strategic partnership with PP
Muhammadiyah, the biggest Muslim organization in IDR 78.8 Tn IDR 59.6 Tn IDR 61.6 Tn
Indonesia . Total Assets Total Financing Total Deposits
▪ BSN provides integrated financial services across
Muhammadiyah’s extensive network, including 4.0 % 0.9 % 35.7 %
universities, hospitals, and business supply chains . NIM ( eqv .) CoC CAR
Key Areas of Muhammadiyah Collaboration
▪ Fund management of Muhammadiyah and 96.7 % 60.9 % 2.7 %
treasury services . FDR CASA NPF (Gross)
▪ Mortgage, commercial financing, and consumer
financing for Muhammadiyah members . Driving Sharia Economic Development through Digital Innovation
▪ Payroll, cash management, and digital solutions .
▪ Distribution of Benefits to eligible beneficiaries . Expanding Reach through
Muhammadiyah Bale Syariah Product Innovation
Unlocking Gold Business Opportunities
Ecosystem performance
▪ Strengthening customer engagement by tapping into since first
(IDR B n) 2,693 % yoy
new segments in providing gold related services launched in
through a strategic partnership . Dec - 25 163.0
▪ The services include gold savings, gold purchases, and
gold sales, enabling customers to access gold 205 Tho
investment products through an integrated ecosystem . User Acquisition
Enabling Integrated Financial Services 5.8
IDR 4.0 Tn
▪ BSN integrates its digital services within the Value of Transaction Jun-25 Jun-26
Muhammadiyah ecosystem by collaborating with MASA ▪ Since Dec - 25 , BSN Cicil Emas
and LAZISMU platforms . 1.7 Mn recorded the highest growth,
▪ Virtual account for membership fee and zakat payments Amount of reaching IDR 163 .0 Bn (+ 2 ,693 %
through the MASA app and streamline donation as well as Transaction
yoy ).
payment transactions through LAZISMU app . ▪ As one of BSN’s high - yield
▪ Expand collaboration with retailers with PT Mentari Bumi products, Cicil Emas delivers an
Tijarah (Muhammadiyah’s Cooperatives) and Indogrosir attractive yield of 9 .4 % .
(Mini Market) for transactional services .
14
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BTN’s 2026 Guidance - Consolidated
1H26 Guidance
Loan Growth 11.2 % 8 - 10%
Deposits Growth 6.6 % 7 - 9%
Cost of Credit 0.7 % 1.0 - 1.2 %
NPL Gross 3.0 % <3.0 %
15
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Strengthening E ngine for S ustainable F unding
Page 17
Selected Ecosystem - Driven Business Approach
Capturing Less Crowded Segment through
Tapping into Education Ecos ystem
Healthcare Ecosystem
▪ Expanding its presence into healthcare ecosystem Consistent balance ▪ Enhancing partnership with education ecosystem by Driving higher total
through a strategic partnership with 26 hospitals, like RS growth (IDR Tn) collaborating with 57 universities, like USU, UNNES, and balance (IDR Tn)
Fatmawati , RS Wahidin Sudirohusodo , and RSUD UNESA .
22.3 % y td
Batanghari . ▪ Delivering comprehensive financial services for 3.8 % ytd
▪ This collaboration provides tailored financial services and 1.8 university ecosystem , including the institution, faculty 8.7
value - added benefits through bale Korpora with an 1.5 members, administrative staff, and student .
interactive Healthcare Dashboard, creating an integrated ▪ Expanding their collaboration across various strategic
ecosystem that improves hospital’s operational efficiency areas like human capital development, joint research,
(real - time performance, doctor productivity, and and many more programs . 8.4
cashflow) .
Dec-25 Jun-26 Dec-25 Jun-26
Expanding Partnership Ecosystem within Regional
Unlocking Opportunities in the Tourism Sector
Government Ecosystem
▪ BTN opens a partnership by capturing the tourism Robust balance ▪ BTN strengthens its strategic collaboration with Local Total Balance
ecosystem, starting from merchant, culinary, resort, growth (IDR Tn) Governments (Pemda ) and Provincial Governments keeps increasing
property to tourism area . (Pemprov ) to support regional development and (IDR Tn)
61.4 % y td
▪ BTN serves as the financial backbone for Taman expand BTN's role as a comprehensive consumer 4.5 % ytd
Wisata Candi and Taman Mini Indonesia Indah by 0.9 bank .
delivering integrated payment, transaction, and ▪ As of June 2026 , BTN has a partnership with 59 6.8
financial solutions across their entire destination 0.6 Regional Government throughout Indonesia (Pemkab
ecosystem . Samosir , Pemkab Minahasa Utara, Pemkot Palu, and
Pemprov Gorontalo) . 6.5
▪ Managing regional government accounts and
treasury services , providing mortgage and consumer
Dec-25 Jun-26
financing for Civil Servants (ASN) , payroll services ,
and more financial solutions . Dec-25 Jun-26
17
Page 18
Strengthening Engine for Sustainable Funding…
A journey for monitoring, increasing sales force productivity, which strengthens performance across all network.
02 Sector
Across
Based Approach
All Branches And
04 Defining
People Transformation
and developing dedicated
06 Building Market Presence,
Premises, and Banking
Pipeline Management behaviors, implementing Sales Ecosystem
Mapping and disclosing potential Academy, and Strategic Business
• Acquiring merchants to
ecosystem/sector to each Branches, Leader Curriculum , and ensuring
strengthen CASA
driving close loop acquisition, and the right people in the right roles
• Driving ecosystem - based
enhancing pipeline management through approach through Bale,
bottom - up and top - down approach increasing engagement and
transaction
01 Daily and
Performance
Detail
03 Expanding High - 05 Value Proposition
& Campaign
Quality Casa
Simplifying dashboard to • KAI & KCIC – Executive Lounge
monitor daily sales force Strengthening CASA and loan
mix, increasing saving exclusive BTN
performance update • Jasa Marga – Rest Area
account acquisition, and
lowering cost of fund to Ecosystem
support profit growth • GBK – Sports Hub
• Airports – Excess Baggage
• PT POS
• HKBP
• ANCOL
• TMII
• Hospital
18
Page 19
…Scaling Up the Acquisition of High - Quality CASA
Bolstering a More Sustainable CASA Deposit Capturing payroll and merchant ecosystem
Broadening Payroll Acquisitions Enhancing Bale Merchant via
Tapping into new to Optimizing E xisting Reactivating inactive
Leveraging institutional partnerships to Ecosystem - Based Approach
bank (NTB) acquisition Customer in Bale by BTN accounts
capture and expand payroll accounts and loan .
BTN recorded a total BTN optimized its BTN revitalized 38.7K Total Merchant
acquisition of IDR 2.7 Tn (as of Jun - 26)
consumer based by cross - savings accounts from
with a total customer selling consumer loan existing borrowers in Total Payroll Customer
(Thou Accounts)
Total Payroll
(IDR Tn)
168K 344K
acquisition of 3.2K products, i.e. personal loan 1H26, increasing Bale Jun - 25 Jun - 26
customers in 1H26 . 3.1
and mortgage . users and transaction. 439.1 2.4
345.1 Total Balance (IDR)
Building a Stronger NTB Optimizing Saving Low - cost CASA
Deposit Base Account costs continues to grow
3.3T 5.0T
IDR 181 Bn IDR 1.4 Tn 2.2 % 1.2 % IDR 129 Tn IDR 141 Tn Jun - 25 Jun - 26
Before After Before After Before After
Jun-25 Jun-26 Jun-25 Jun-26
Higher Middle Institution Contribution Lead to a
Developing a Full - Fledged Retail Products
More Manageable CoF
Non - banking Sustainable growth in
Total Deposits Avg. Product Large & Middle Institution Portion (% )
Holding
product of total FUM Middle Institution
5.4 22.9%
(IDR T n)
(> 15 Bn) IDR Tn 3.8x 31.4% 72.4 T
35.7% 35.2% 36.1% 36.7% 73.9 T
Jun - 25 Jun - 26
Total Deposits Avg. Product Non - banking
Holding product of total Cost of Fund (CoF ) from
32.7 FUM *) *) **) **)
Middle Institution lower by
(500 Mn - 15 Bn) IDR Tn 3.4x 32.1% 68.6% 64.3% 64.8% * 63.9% * 63.3% * ~132 bps than the Large
Institution
Non - banking
Total Deposits Avg. Product Large Middle
product of total
Holding Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 Institution Institution
FUM
(300 Mn - 500 Mn)
3.5 Large Institution Middle Institution 4.6 % vs 3 .3 %
IDR Tn 2.5x 2.3% *) E xclude IDR 36 Tn of Gov't fund placement
1H26 1H26
19
Page 20
Spreading Presence Across Different Segments
Enhancing Sales Capacity Through
Workforce Optimization
Transforming Branches and Elevating Customer Journey Business Support
▪ Increasing sales workforce
composition to improve
BTN Move BTN Branch BTN Digital Store 40%
branch productivity and
60%
BTN Digital Store stimulate growth
80
Jun - 25
82 620 Jun - 25
630Jun - 26
1
Jun - 25
24
Jun - 26
40%
60% ▪ Assigning employees
on dedicated expertise
based
Jun - 26
Expanding digitally,
▪ Driving cross selling and
bringing convenience, Before Now
upselling opportunities
efficiency, and modern
BTN Branch banking. Strengthening Presence & Capturing
Growth in Strategic Locations
Revamping BTN’s
▪ Expanding into potential areas to
presence nationwide,
capture less crowded segments
delivering accessible
▪ Locating branches near economic
financial services.
hubs to improve accessibility
▪ Adopting ecosystem - based
BTN Move approach near offices,
universities, and commercial
districts
Banking on the go,
reaching more people
and places.
20
Page 21
Expanding Beyond Mortgage
Page 22
Leading Mortgage Provider in Indonesia with the Largest Market Share
Through subsidized mortgage, BTN has played important role to support government’s housing program
Subsidized mortgage
Target segment Mass segment
Rate : 5% fixed rate Monthly income ▪ Up to IDR 12 Mn (single income)
Housing (Jabodetabek Area) ▪ Up to IDR 14 Mn (joint income)
Loan Tenor : Maximum 20 years
Liquidity
Facility Funding pro portion :
(FLPP) 75 (Government) : 25 Objectives Ownership / Renovate / Build
(Banks/SMF)
BTN Mortgage Journey: Expanding Home Ownership Since 1976 BTN Dominates the Indonesian Mortgage Sector
Mortgage Market Share Subsidized Mortgage
▪ More than 6 .1 million borrowers have been Market Share
Mortgage Disbursement since (as of Mar - 26)
supported to own houses through BTN 1976 - Jun ’ 26 (as of Mar - 26)
Mortgages, translating to ~ 24 millions of
people gaining access to decent housing . ~6.1 Mn housing units of
Houses delivered to public.
▪ BTN contributes to expanding access on 19%
subsidized mortgages for the informal IDR 571 T n of Mortgage has 62%
sector through partnerships, through been Disbursed
informal community groups and platforms,
resulting in the disbursement of 95 ,144
housing units .
38%
81%
Indonesian
Barbers
1991
1976
1979
1997
1985
2015
Market Traders
1982
2012
2021
1988
2018
1994
2003
2006
2009
2024
2000
Association BTN’s Market Share Other Bank’s Market Share
Association.
22
Page 23
Serving the People of Indonesia as an Integrator and a Socially Driven Institution
Contributing through the disbursement of Housing Program Loans (KPP), to supporting the national housing program
Update on KPP Disbursement
Housing Supply Ecosystem Housing Demand Ecosystem ▪ Since its first
BTN’s KPP disbursement is mostly concentrated in launched in late
West Java* and East Java . October 2025 , BTN
Optimizing the existing borrower based and Offering Pre - approved financing to qualified
(# of BTN’s total KPP disbursement) has disbursed more
expanding financing to property developers self - employed borrowers, Bale Agents, BTN
than IDR 6 .7 Tn ,
and their ecosystem (contractors and building merchants, existing mortgage customers and
expanding access on
material suppliers) . fully repaid KUR borrowers .
affordable housing
> 10,000 developer partners Providing accessible housing across both supply
Property ready to support the Home solutions to support the and demand side .
Developers Housing Program Loans Ownership sustainability and growth of ▪ The program reflects
(KPP) . MSME businesses . 17.9% government’s
commitment to
Financing solutions for 22.8% improve public
Access to financing for MSMEs who own land or
Construction MSME contractors requiring In 1H 26 , BBTN has disbursed IDR 4 .1 Tn , dominated welfare , support job
Self - Build land with existing structures, creation , and
Contractors initial capital for housing Housing enabling home expansion to by IDR 2 .7 Tn from supply side .
construction working capital . strengthen MSME
support their business competitiveness .
activities . KPP by Region (IDR Bn)
Financing support for
Building Financing for home Supply Side Demand Side
suppliers, distributors, and
Material improvements or renovations ▪ The top three
building material retailers to Renovation
Suppliers for MSMEs to better support West Java* 642 East Java 474 regions by total
fund working capital .
their business activities . Sumatra 599 West Java* 291 disbursement (both
Sulawesi 330 DKI Jakarta 170 supply and demand
KPP disbursement reaching IDR 4.1 Tn in 1H26 Central Java 154
sides) are West
Kalimantan 281
Java*, Sumatera,
Central Java 280 Sumatra 103
(IDR Tn) and East Java .
Supply Demand ▪ KPP disbursement Kalimantan 96
East Java 260 ▪ The average ticket
reached IDR 4 .1
DKI Jakarta 112 Bali & NT** 75 size of supply side
4.1 trillion in 1H 26 .
Sulawesi 49 reached IDR 3 .7 Bn ,
▪ BTN disbursed to a Bali & NT** 107
Maluku & Papua 11 while IDR 251 .1 Mn
2.7 1.4 total of 6 .4 Maluku & Papua 63
2.2 for demand side .
0.3 thousand people ,
▪ KPP offers higher
0.7 further expanding its
yield compared to
2.4 2.7 financing access to
Indonesian people .
IDR 2.7 Tn IDR 1.4 Tn subsidized mortgage .
1.5
*including Banten
**Nusa Tenggara
Nov - Dec-25 3M26 6M26
Source : Ministry of Finance Policy, Ministry of Housing and Residential Area Policy, Coordinating Ministry for Economic Affairs Policy 2323
Page 24
Pursuing Selective Inorganic Growth through Targeted Loan Portfolio Acquisition
Acquiring Non - Housing Loan Portfolio to Expand Beyond Mortgage Indicative Timeline for the Pension Loan Acquisition
Benefits Gained from the Acquisition
The completion 1st tranche trx 2 nd tranche of the
Loan Account The completion of Total NOA
of SMBC Portfolio diversification pension related
2 nd tranche transaction of the
Indonesia's
loan portfolio 12.6 Higher loans yield
loan acquisition to
accelerate
7.3
loan acquisition
BTN will acquire
344.6
IDR Tn sustainable Thousands
Reduce concentration risk IDR T n new accounts .
growth in Q326.
Less capital
consumption Risk Weighted Supports sustainable revenue
despite size of Assets (RWA) growth
BTN’s first step towards a
the acquired
loan portfolio 50 % C onsists
managed
of loan portfolios
by Non - Taspen
diversified loan book between
the housing and non - housing
Institution (ASABRI and segment , expanding BTN’s
Higher Average yield of others) . customer base, and generating
profitability higher yield income .
contribution 13.7 %
with a shorter w ith remaining
tenor tenor of ~7 years
Next Step for the Transaction
Jun - 26
Strengthening Portfolio Diversification Through Non - Housing (%)
SPA Signing & Loan Acquisition
of 1st Tranche
▪ As part of its growth strategy, BTN is 18.0% 20.4% 21.8% 30.0%
pursuing inorganic expansion through
selective loan portfolio acquisition .
▪ A ccelerating loan growth with better
82.0% 79.6% 78.2%
yield and shorter loan tenor than 70.0%
mortgages, as well as to optimize 3 Q- 26
portfolio composition (~ 30 % portion of Loan Acquisition of 2 nd Tranche
non - housing loan within the next 5 Mar-26 Jun-26 Sep-26F Dec-30F
years) . Housing Non Housing
24
Page 25
Digital Initiatives
Page 26
Digital Initiative & Partnership Highlights
Balé Connect The World: Powering BTN’s BTN Jakim : Engaging 45,000 Runners Balé Wisata : Increasing E xposure through
Cross - Border Ecosystem Through Balé C ollaboration with Tourism and L ifestyle
Crossborder
Creating new revenue streams by monetizing the tourism
▪ Expand cross - border ecosystem : Enables seamless The 2026 Jakarta International Marathon (BTN JAKIM) ecosystem through cashless ticketing, F&B and
international transactions to broaden BTN’s ecosystem reinforced BTN's brand positioning and expanded its digital merchandise transactions, branded commerce, driving
reach through QRIS Cross border and debit card . ecosystem . By offering app - exclusive ticketing and sustainable fee - based income growth . Beyond revenue
▪ Unlock recurring monetization : Drives fee - based income cashback of up to 50 % , BTN successfully onboarded generation, each partnership strengthens the balé
via FX, remittance, and cross - border payments . approximately 45 ,000 runners from 55 countries as new ecosystem by increasing customer engagement,
▪ Increase customer stickiness : Strengthens engagement balé users during the four - day Race Expo, while contributing transaction frequency, merchant acquisition, and long -
and retention through end - to- end global use cases . an estimated IDR 1.3 Tn in economic impact . term digital payment adoption .
Balé Hype: Leveraging High Traffic Spots Balé Hype - Belanja : Powering Jakarta’s Banking - as - a- Service for Indonesia's
Retail Economy with Bal é, Everyday Growing Enterprises
Mitra Kasih Perkasa
Expanding financial inclusion by
embedding banking into
Indonesia’s retail ecosystem
PT Pertamina Bina Medika IHC
Delivering seamless financial
services across Indonesia’s
healthcare ecosystem
Solo Medical & Wellness
▪ BTN’s 2026 concert & event sponsorships expanded
Tourism - Creating a connected
top - of - funnel reach and accelerated digital acquisition
BTN’s 2026 title sponsorship as Bank Partner of Festival wellness ecosystem powered by
by converting high - traffic audiences into new app users
Jakarta Great Sale (FJGS) . S panning 104 shopping centers digital banking
via onsite activations and cashless payments .
across Jakarta over six weeks, strengthened balé ’s visibility PT MRT Jakarta - Accelerating
▪ Integrated ticketing and on - ground transactions
at the capital’s largest annual retail event, with triple lottery Indonesia’s smart mobility
increased usage frequency, deepened merchant
entries for balé QRIS transactions converting everyday mall through integrated digital
partnerships, and supported sustainable fee income
traffic into active digital payment users . financial services
growth .
26
Page 27
balé by BTN to boost Low - Cost Funding Growth
Bal é By BTN Avg. Balance Bal é By BTN Registered Users Total Saving Balance of Users (IDR Tn )
(Mn Users) 62.4 % yoy 17.7% yoy
(IDR Mn)
4.3
Active Users 15.7 3.7 22.8 23.9
19.7 20.3
(>=4 trx)
2.6
2.2
Passive Users 9.8 11.8
(1 – 3 trx) 1.1
Non-Bale Users 1.9
Dec-23 Dec-24 Dec-25 Jun-25 Jun-26 Dec-23 Dec-24 Dec-25 Jun-25 Jun-26
Product Enhancements Driving User
Activation & Transaction Expansion Highest ever Bale by BTN Transactions Volume
# of Transaction 41.6 % yoy Transaction Value 55.3 % yoy
(Mn Transaction ) (IDR Tn)
2,637.6 * 134.0 *
2,216.3 103.6
81.1
67.0
1,236.6 1,318.8 57.5
931.5 43.1
341.9
FY23 FY24 FY25 1H25 1H26 FY23 FY24 FY25 1H25 1H26
*annualized 27
Page 28
balé Merchant , balé Bisnis dan balé Properti Performances
balé Merchant Merchant
balé Bisnis Bisnis
balé Properti Properti
Total Merchant s *) 344 Tho Avg. Balance IDR 14.6 Mn Total Users 18.3 Tho Avg. Balance IDR 98 .1 Mn Total Member s 1.0 Mn Total Visitors 27 .9 Mn
Total Merchants 105.2 % yoy Total Users 208.4% yoy Total Developers 15.1% yoy
QRIS BTN was launched in Feb - 23 Bale Bisnis first launched in Apr - 24 18,302
344,213
13,442 14,501
256,396 12,009 11,454 12,479
9,414
167,757
128,568 5,934
17,525 0 843
Dec-23 Dec-24 Dec-25 Jun-25 Jun-26
Dec-23 Dec-24 Dec-25 Jun-25 Jun-26 Dec-23 Dec-24 Dec-25 Jun-25 Jun-26
Number of Trx (Mn Times ) 150.1% yoy Number of Trx (Thousand Times) Total Members (Mn Users) 13.2 % yoy
66.3 690.9 % yoy 1.0 1.0
61.0 0.9
110.8 0.7
61.7 0.5
22.8 24.4
8.4 14.0
0 3.8
12M23 12M24 12M25 6M25 6M26 12M23 12M24 12M25 6M25 6M26 Dec-23 Dec-24 Dec-25 Jun-25 Mar-26
Trx Value (IDR Tn ) 152.6 % yoy Trx Value (IDR Bn) 339.8 % yoy Online Application 20.3% yoy
5.3 5.3 1,696.8
62,616 3M25: 12,027
1,452.7
3M26: 10,237
49,217
2.4 2.1 27,927
27,811 22,271
1.2 385.8
0 60.0
12M24 12M24 12M25 1H25 1H26 12M23 12M24 12M25 1H25 1H26 12M23 12M24 12M25 6M25 6M26
*) Merchant EDC & QRIS
28
Page 29
Bal é Korpora : Transforming Wholesale Banking with a Single Digital Access
Point
Thematic Industry Solution
Education Government Health Care Financial Inst. Energy
Customer Experience FX Solution
• Financial Dashboard • Cross Currency
• Healthcare Dashboard Payment
• Soft Token • Spot, Forward, Swap
Collection Solution Payment Solution
Superior Features
• BTN Virtual Account to Support Client’s Business • Primo Account (VA Trx )
• Multi Debit Transaction • Payroll
BTN’s performance earned 2 Liquidity Solution Trade Finance Solution
awards in 2026
Indonesian Domestic Digital ▪ Cash Pooling & Distribution ▪ E - Guarantee
Transformation Bank of the Year ▪ Loan Management ▪ Financial Supply Chain
▪ Trade Finance
Indonesian Domestic Ecosystem
Platform Initiative of the Year
New Features in 2Q26
29
Page 30
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 95.6 % yoy Bal é Korpora Users 39.7% yoy
121.7% yoy
(Mn Transaction ) (IDR T n) (Thousand Users )
265.9
3.3 218.3
3.0 2.9 201.8 25.7
164.2 22.6
17.6 18.4
103.1 14.7
1.4 1.3
FY23 FY24 FY25 1H25 1H26 FY23 FY24 FY25 1H25 1H26 Dec-23 Dec-24 Dec-25 Jun-25 Jun-26
Fee Based Income (IDR Bn)
0.2% yoy
57.1
30.7
24.8 23.2 23.3
12M23 12M24 12M25 1H25 1H26
https://korpora.btn.co.id/
30
Page 31
BTN Financial Highlights
Page 32
BTN’s Overview : 2022 – 1H26 Performance
Net Profit Total Loan & Financing Total Deposits
(IDR Tn) (IDR Tn) (IDR Tn)
+ 40 .8%
+11.2 % +6.6%
3.5 3.5 418 437 406 433
3.0 3.0 400 376 382
334 358 350
2.4 298 322
1.7
12M22 12M23 12M24 12M25 1H25 1H26 Dec-22 Dec-23 Dec-24 Dec-25 Jun-25 Jun-26 Dec-22 Dec-23 Dec-24 Dec-25 Jun-25 Jun-26
Return on Asset NPL Gross Capital Adequacy Ratio
(%) (%) (%)
- 33 bps + 254 bps
+24 bps
1.1 1.1 20.9
1.0 20.2 20.1 20.0
0.9 0.9 3.4
0.8 3.3 18.5
17.5
3.2
3.1
3.0 3.0
12M22 12M23 12M24 12M25 1H25 1H26 Dec-22 Dec-23 Dec-24 Dec-25 Jun-25 Jun-26 Dec-22 Dec-23 Dec-24 Dec-25 Jun-25 Jun-26
32
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Financial Snapshots - Consolidated
Financial Highlights 2023 2024 2025 Jun - 25 Jun - 26 yoy Growth (%)
Asset/ Liabilities
Total Assets (IDR Bn) 438,750 469,615 527,793 484,962 545,161 12.4% yoy
Total Loan & Financing (IDR Bn) 333,698 357,973 400,576 376,110 418,111 11.2% yoy
Total Deposits (IDR Bn) 349,933 381,667 437,398 406,383 433,002 6.6% yoy
Profitability
Net Profit (IDR Bn) 3,501 3,007 3,501 1,706 2,402 40.8% yoy
NIM 3.8% 2.9% 4.2% 4.4% 3.5% (85) bps
CIR 45.3% 57.1% 49.3% 43.8% 50.5% 672 bps
RoE (Tier - 1) 13.9% 10.8% 11.7% 11.8% 13.3% 152 bps
RoRWA – after tax 2.4% 1.8% 1.9% 1.9% 2.5% 56 bps
RoA (Return on Asset) 1.1% 0.8% 0.9% 0.9% 1.1% 24 bps
Asset Quality
NPL (Gross) 3.0% 3.2% 3.1% 3.3% 3.0% (33) bps
Loan at Risk (LAR) 21.1% 19.7% 19.4% 20.2% 18.6% (147) bps
NPL Coverage 155.2% 115.4% 123.9% 115.0% 121.7% 665 bps
Cost of Credit (CoC) 1.2% 0.6% 1.6% 2.0% 0.7% (131) bps
Liquidity
LDR 95.4% 93.8% 91.6% 92.6% 96.6% 401 bps
LFR 83.2% 83.2% 82.5% 84.5% 83.5% (101) bps
CASA 53.7% 54.1% 48.7% 49.1% 49.1% 0 bps
Capital
CAR (Tier 1) 17.5% 17.1% 18.7% 16.2% 18.0% 183 bps
Total CAR 20.1% 18.5% 20.9% 17.5% 20.0% 254 bps
33
Page 34
Balance Sheet
Balance Sheet Summary
Dec - 23 Dec - 24 Jun - 25 Mar - 26 Jun - 26 qoq yoy % Assets
(IDR Bn)
Total Earning Assets 389,827 428,794 450,440 478,478 503,731 5.3% 11.8% 92.4%
Term Deposit with BI 12,149 2,810 9,095 2,834 2,662 - 6.1% - 70.7% 0.5%
Total Loan & Financing 333,698 357,973 376,110 400,631 418,111 4.4% 11.2% 76.7%
Securities 41,200 61,015 62,028 71,557 80,266 12.2% 29.4% 14.7%
Other Earning Assets 2,780 6,997 3,207 3,456 2,692 - 22.1% - 16.0% 0.5%
Provision on Earning Asset (15,641) (13,063) (14,359) (15,485) (15,197) - 1.9% 5.8% - 2.8%
Total Non Earning Assets 64,563 53,883 48,880 54,550 56,627 3.8% 15.8% 10.4%
Total Assets 438,750 469,615 484,962 517,543 545,161 5.3% 12.4% 100.0%
CASA 188,007 206,358 199,724 212,112 212,787 0.3% 6.5% 39.0%
Current Account 143,535 160,848 155,287 168,808 166,954 - 1.1% 7.5% 30.6%
Saving Account 44,472 45,510 44,438 43,304 45,833 5.8% 3.1% 8.4%
Time Deposits 161,927 175,309 206,658 210,520 220,215 4.6% 6.6% 40.4%
Third Party Deposits 349,933 381,667 406,383 422,632 433,002 2.5% 6.6% 79.4%
Securities issued 6,835 5,445 4,766 5,938 5,899 - 0.7% 23.8% 1.1%
Deposits from Other Banks 1,300 105 95 104 698 574.6% 631.4% 0.1%
Repurchase Agreements 0 3,409 0 0 6,164 - - 1.1%
Borrowings 42,875 39,813 33,642 43,782 54,763 25.1% 62.8% 10.0%
Non Interest Bearing Liabilities 7,327 6,604 6,150 8,317 7,077 - 14.9% 15.1% 1.3%
Total Liabilities 408,271 437,043 451,036 480,774 507,604 5.6% 12.5% 93.1%
Total Equity 30,479 32,572 33,926 36,769 37,558 2.1% 10.7% 6.9%
Total Liabilites & Equity 438,750 469,615 484,962 517,543 545,161 5.3% 12.4% 100.0%
34
Page 35
Loan Mix
Dec - 23 Dec - 24 Dec - 25 Jun - 25 Mar - 26 Jun - 26
Loan Type (IDR Bn) qoq yoy
Outs % Outs % Outs % Outs % Outs % Outs %
Housing Loan 284,617 85.3% 305,590 85.4% 328,387 82.0% 317,770 84.5% 329,935 82.4% 332,887 79.6% 0.9% 4.8%
Subsidized Mortgage 161,746 48.5% 173,844 48.6% 191,185 47.7% 182,179 48.4% 193,556 48.3% 196,968 47.1% 1.8% 8.1%
Non - Subsidized Mortgage 96,175 28.8% 105,956 29.6% 113,041 28.2% 110,726 29.4% 112,568 28.1% 112,981 27.0% 0.4% 2.0%
Other Housing Loan 7,871 2.4% 8,652 2.4% 9,092 2.3% 8,840 2.4% 9,102 2.3% 9,131 2.2% 0.3% 3.3%
Construction Loan 18,826 5.6% 17,138 4.8% 15,069 3.8% 16,025 4.3% 14,709 3.7% 13,808 3.3% - 6.1% - 13.8%
Non - Housing Loan 49,081 14.7% 52,382 14.6% 72,189 18.0% 58,340 15.5% 70,696 17.6% 85,224 20.4% 20.5% 46.1%
Consumer Loan 7,264 2.2% 7,813 2.2% 8,237 2.1% 7,519 2.0% 8,488 2.1% 19,621 4.7% 131.1% 160.9%
Commercial Loan 12,901 3.9% 15,237 4.3% 13,887 3.5% 15,178 4.0% 14,170 3.5% 14,638 3.5% 3.3% - 3.6%
Corporate Loan 28,916 8.7% 29,332 8.2% 50,066 12.5% 35,643 9.5% 48,038 12.0% 50,966 12.2% 6.1% 43.0%
Total Loan & Financing 333,698 100.0% 357,973 100.0% 400,576 100.0% 376,110 100.0% 400,631 100.0% 418,111 100.0% 4.4% 11.2%
Mortgage 257,921 77.3% 279,800 78.2% 304,226 75.9% 292,905 77.9% 306,124 76.4% 309,949 74.1% 1.2% 5.8%
Gross Loan (IDR Tn) 11.2% yoy Composition by Business Segment Housing Loan
418.1 Non Housing Loan
400.6
358.0 376.1
333.7 14.7% 14.6% 18.0% 15.5% 20.4%
85.4%
85.3%
84.5%
82.0%
79.6%
Dec-23 Dec-24 Dec-25 Jun-25 Jun-26 Dec-23 Dec-24 Dec-25 Jun-25 Jun-26
35
Page 36
Loan Composition
Loan Mix by Segment (IDR Bn) Loan Growth Strategy
% yoy Main contributors for growth
418,111 Focusing on housing - related higher yield whilst
Total Loan 11.2% excelling in mortgages
376,110 50,966
Continuing to build up corporate segment with
Corporate Loan 43.0%
key focus on the housing - related sectors
35,643 14,638
19,621
15,178 9,131
7,519 Targeting high - growth SME sectors (KUR) within the
8,840 Commercial Loan - 3.6% % housing ecosystem
Tapping captive mortgage market with extensive soft
Consumer Loan 160.9 % loan (KRING) offers also optimizing Payroll - based
loans with several new institutions
13.1%
Optimizing home equity loans (KAR) from existing
Other Housing 3.3% performing mortgage customers through tele sales,
Loan upselling and cross selling for existing customers
292,905 309,949
▪ Pursuing a sustainable growth in housing loans
with subsidized mortgages as the main driver
5 .8% ▪ 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
- 13.8 % Focus on landed house and selected TOD high - rise
Loan
16,025 13,808 housing projects
Jun-25 Jun-26
36
Page 37
Loan Disbursement
Loan by Segment (IDR Bn) 12M23 12M24 12M25 2Q25 1Q26 2Q26 QoQ yoy 6M25 6M26 YoY
Housing Loan 56,893 57,142 53,127 11,330 10,230 12,840 25.5% 13.3% 26,190 23,070 - 11.9%
Subsidized Mortgage 25,632 24,915 31,756 6,301 5,904 6,968 18.0% 10.6% 15,607 12,871 - 17.5%
Non - Subsidized Mortgage 19,073 19,808 11,332 2,801 2,365 3,057 29.3% 9.1% 5,932 5,421 - 8.6%
Other Housing Loan 2,378 2,399 1,681 355 344 406 18.1% 14.3% 762 750 - 1.6%
Construction Loan 9,810 10,020 8,359 1,873 1,618 2,409 48.9% 28.6% 3,888 4,027 3.5%
Non - Housing Loan 36,794 34,038 69,486 14,692 17,302 30,235 74.8% 105.8% 23,801 47,536 99.7%
Consumer Loan 3,853 3,216 3,260 697 964 11,628 1106.8% 1567.8% 1,258 12,591 900.6%
Commercial Loan 14,573 19,436 24,254 6,539 5,943 6,217 4.6% - 4.9% 10,298 12,160 18.1%
Corporate Loan 18,368 11,385 41,972 7,456 10,395 12,390 19.2% 66.2% 12,244 22,784 86.1%
Total Loan & Financing 93,687 91,180 122,613 26,022 27,531 43,074 56.5% 65.5% 49,991 70,605 41.2%
Mortgage 44,705 44,723 43,088 9,102 8,269 10,024 21.2% 10.1% 21,540 18,293 - 15.1%
37
Page 38
Total Deposits
Customer Deposits (IDR Tn) Cumulative Cost of Deposits (% ytd )
By Segments Dec - 23 Dec - 24 Dec - 25 Jun - 25 Jun - 26 YoY 12.0
6.0
CASA 188.0 206.4 213.1 199.7 212.8 6.5% 10.0
6.1 6.1 6.1 6.0 6.1 6.1 5.0
5.8
Current Account 143.5 160.8 169.2 155.3 167.0 7.5% 8.0
4.0
4.1 4.1 4.1 4.5 4.5 4.6 4.6
Savings Account 44.5 45.5 43.9 44.4 45.8 3.1%
6.0
4.1 4.0 4.1
3.9 3.0
4.0
Time Deposits 161.9 175.3 224.3 206.7 220.2 6.6% * 2.0 2.0 2.0 2.1 2.2 2.2 2.1 3.0 3.0 3.0 3.0
2.0
2.0 1.4 1.3 1.2 1.3
Total 349.9 381.7 437.4 406.4 433.0 6 .6% ** 2.3 2.2 2.1 2.2 2.1 2.0 1.9 1.4 1.4 1.4 1.5
- 1.0
* - 10.9 % if exclude IDR36 Tn of Gov't fund placement 6M24 9M24 12M24 3M25 6M25 9M25 12M25 3M26 4M26 5M26 6M26
** - 2.3 % if exclude IDR36 Tn of Gov't fund placement
CASA and Cost of Fund (%) Monthly Cost of Deposits (% mtm )
4.1% 4.1%
3.9%
3.7% 12.0 6.0
5.5
3.0% 10.0
6.4 6.4 6.3 5.0
6.0 6.2 5.9 4.5
8.0
4.0
TD 4.2 4.2 4.5 4.8 4.7
6.0
4.0 4.1 4.1 3.9 4.3 4.7 3.5
46.3% 45.9% 51.3% 50.9% 50.9% CASA
3.0
4.0
3.0 3.0 3.0 3.1 2.5
1.9 1.9 2.1 2.0 2.3 2.3 2.9
CoF (ytd ) 1.2 1.2 2.0
2.0 1.4 0.8 1.1
2.0 1.9 2.1 2.1 2.0 1.7 1.5 1.4 1.5 1.4 1.7
1.5
53.7% 54.1% 48.7% 49.1% 49.1%
- 1.0
Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Mar-26 Apr-26 May-26 Jun-26
Current Acc. Saving Acc. Time Deposits
Dec-23 Dec-24 Dec-25 Jun-25 Jun-26
Total Deposits (RHS)
38
Page 39
Capital
Capital December June
Growth
(IDR Bn)
2023 2024 2025 2025 2026
Tier – 1 Capital 27,154 29,834 35,289 30,955 36,627 19.1% yoy
Tier – 2 Capital 4,076 2,439 4,277 2,496 4,102 65.8% yoy
Total Capital 31,230 32,273 39,566 33,452 40,730 22.6% yoy
Total RWA 155,590 174,445 189,133 191,532 203,188 7.1% yoy
RWA – Credit Risk 136,692 149,288 163,884 166,427 177,326 7.7% yoy
RWA – Market Risk 942 6,102 4,901 4,716 5,846 24.0% yoy
RWA – Operational Risk 17,956 19,056 20,389 20,389 20,016 - 1.8% yoy
RWA Density 35.5% 37.1% 35.8% 39.1% 37.3% (186) bps
CAR Tier 1 (Tier 1/Total RWA) 17.5% 17.1% 18.7% 16.2% 18.0% 183 bps
CAR Tier 2 2.6% 1.4% 2.3% 1.3% 2.0% 71 bps
CAR BI ((Tier 1+2)/Total RWA) 20.1% 18.5% 20.9% 17.5% 20.0% 254 bps
Capital Conservation Buffer 2.5% 2.5% 2.5% 2.5% 2.5% 0 bps
Countercyclical Buffer 0.0% 0.0% 0.0% 0.0% 0.0% 0 bps
Capital Surcharge (D - SIB) 1.0% 1.0% 1.0% 1.0% 1.0% 0 bps
39
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Profit and Loss
PL Summary (IDR Bn) 2Q25 1Q26 2Q26 QoQ YoY 6M25 6M26 YoY
Interest Income 10,290 8,004 8,311 3.8% - 19.2% 18,501 16,315 - 11.8%
Interest Expense (4,721) (3,736) (3,983) 6.6% - 15.6% (9,154) (7,720) - 15.7%
Net Interest Income 5,569 4,268 4,327 1.4% - 22.3% 9,347 8,595 - 8.0%
Non - Interest Income 864 954 886 - 7.1% 2.5% 1,903 1,839 - 3.3%
Other Operating Expense (Exclude Provision) (2,734) (2,884) (3,054) 5.9% 11.7% (5,426) (5,938) 9.4%
Pre - Provision Operating Profit (PPOP) 3,699 2,338 2,159 - 7.6% - 41.6% 5,824 4,497 - 22.8%
Provision (2,678) (903) (511) - 43.4% - 80.9% (3,657) (1,415) - 61.3%
Profit From Operations 1,021 1,434 1,648 14.9% 61.4% 2,167 3,082 42.2%
Non - Operating Income (Expense) (23) (47) (36) - 24.0% 56.2% (37) (83) 124.9%
Profit Before Tax 998 1,387 1,612 16.2% 61.5% 2,130 2,999 40.8%
Net Profit 803 1,108 1,294 16.8% 61.2% 1,706 2,402 40.8%
40
Page 41
Profit and Loss Composition (1/3)
Interest Income
% Portion
Interest Income (IDR Bn) 2Q25 1Q26 2Q26 QoQ YoY 6M25 6M26 YoY
of 6M26
Placement with Bank Indonesia 91 100 58 - 42.6% - 36.7% 176 158 - 10.3% 1.0%
Placement with other bank 12 6 8 42.3% 31.6% 15 14 - 6.9% 0.1%
Securities 669 645 689 6.8% 3.0% 1,289 1,334 3.5% 8.2%
Loan 8,622 6,256 6,494 3.8% - 24.7% 15,230 12,750 - 16.3% 78.1%
Others 5 35 41 18.3% 650.9% 16 76 370.4% 0.5%
Income from Syariah 891 962 1,021 6.1% 14.7% 1,774 1,984 11.8% 12.2%
Total 10,290 8,004 8,311 3.8% - 19.2% 18,501 16,315 - 11.8% 100.0%
Interest Expense
% Portion
Interest Expense (IDR Bn) 2Q25 1Q26 2Q26 QoQ YoY 6M25 6M26 YoY
of 6M26
Deposits from Bank Indonesia 0 2 0 - 100.0% 0 0 2 N/A 0.0%
Deposits from Other Banks 0 7 9 15.6% 2016.2% 22 16 - 28.0% 0.2%
Deposits from Non - Banks 4,190 3,153 3,292 4.4% - 21.4% 8,037 6,445 - 19.8% 83.5%
Securities Issued 73 47 47 - 0.8% - 36.3% 150 93 - 37.6% 1.2%
Fund Borrowings 449 520 603 15.9% 34.1% 909 1,123 23.5% 14.6%
Others 8 7 34 348.0% 311.3% 35 41 17.1% 0.5%
Total 4,721 3,736 3,983 6.6% - 15.6% 9,154 7,720 - 15.7% 100.0%
41
Page 42
Profit and Loss Composition (2/3)
Non - interest Income
Non - interest Income (IDR Bn) 2Q25 1Q26 2Q26 QoQ YoY 6M25 6M26 YoY
Non - Recurring Income 483 492 497 1.0% 2.7% 1,159 988 - 14.7%
Gain from Treasury Transaction 343 207 180 - 12.9% - 47.5% 743 388 - 47.8%
Recovery 150 130 140 7.8% - 6.5% 312 271 - 13.3%
Others - 10 154 176 14.0% N/A 104 330 218.3%
Recurring Income 381 462 389 - 15.8% 2.2% 744 851 14.4%
Loan Related Transaction 98 139 118 - 14.7% 21.2% 191 257 35.0%
Deposits & Banking Service Related 249 275 235 - 14.3% - 5.4% 488 510 4.6%
Sharia Related Transaction 34 48 35 - 27.3% 3.4% 65 83 27.6%
Total 864 954 886 - 7.1% 2.5% 1,903 1,839 - 3.3%
Non - interest Income 6M26 Non - interest Income Breakdown (%)
(IDR Bn)
4.5%
4,612
4,174
3,922 Treasury
1,541 21.1%
1,500 1,644 Recovery
27.7%
1,903 1,839 Others
3,071 744 851 Loan Related
2,422 2,530 14.7%
1,159 988 Deposits & Banking
Service
2023 2024 2025 1H25 1H26 14.0%
Non Recurring Recurring Income 17.9%
42
Page 43
Profit and Loss Composition (3/3)
Other Operating Expense (exclude Provisions)
Other Operating Expense (IDR Bn) % portion
2Q25 1Q26 2Q26 QoQ YoY 6M25 6M26
Excluding Provision of 6M26
Salaries & Employee Benefit 1,271 1,142 1,183 3.6% - 6.9% 2,274 2,325 2.3% 39.2%
General Administration 232 346 417 20.4% 79.3% 679 763 12.3% 12.9%
Others 95 34 59 72.3% - 37.9% 96 93 - 2.5% 1.6%
Rent, Service & Maintenance 218 295 270 - 8.3% 24.1% 475 565 18.9% 9.5%
Depreciation 203 244 285 17.1% 40.8% 396 529 33.6% 8.9%
Promotion 153 132 172 30.1% 12.6% 305 304 - 0.5% 5.1%
Collector Fees & Consultant 310 438 348 - 20.6% 12.2% 686 786 14.7% 13.2%
Insurance Premium 212 238 265 11.4% 25.1% 427 504 17.9% 8.5%
Training 23 9 45 416.5% 93.2% 48 54 12.6% 0.9%
Research & Development 1 1 1 43.3% 70.7% 1 2 65.5% 0.0%
Other Taxes 10 2 12 690.5% 20.6% 12 13 12.1% 0.2%
Loss (transaction spot, derivative, and forex) 6 3 -3 - 200.0% - 155.8% 27 0 - 100.0% 0.0%
Marked to Market 0 0 0 - - 0 0 - 0.0%
Total 2,734 2,884 3,054 5.9% 11.7% 5,426 5,938 9.4% 100.0%
4343
Page 44
Key Financial Ratios
RO RW A 1 – After Tax ROA 2 – After Tax
2.5% 0.9% 0.9%
2.4%
1.9% 1.9% 0.7% 0.7% 0.7%
1.8%
Dec-23 Dec-24 Dec-25 Jun-25 Jun-25 Dec-23 Dec-24 Dec-25 Jun-25 Jun-26
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
13.9% 13.3% 12.8%
11.7% 11.8% 11.5%
10.8% 9.6% 10.3% 10.3%
Dec-23 Dec-24 Dec-25 Jun-25 Jun-26 Dec-23 Dec-24 Dec-25 Jun-25 Jun-26
3Calculated based on net profit/average Tier 1 Capital based on Bank Indonesia regulation 4Calculated based on net profit/total stakeholder’s equity
44
Page 45
Asset Quality
Page 46
Enhancing Underwriting Process through Loan Factory
Loan Factory as a strategic refinement Establishing Automated and Segmented
to improve loan origination. Loan Application
Fully Optimizing Loan Processing Optimizing Risk Verification with Automated
BTN has fully integrated and Workload Distribution
centralized its consumer loan ▪ BTN applies automated loan verification
processing by enhancing service process to assign workload based on loan type,
and operational quality, handling the replacing manual application assignments by
end - to- end process independently supervisors .
and driving efficiency with minimal ▪ This allows a more segmented verification
Loan Factory
human intervention . method, so each authenticator can focus on
specific consumer products .
Improving Service Quality through Loan Factory’s Process Based Model ▪ Enhancing efficiency, consistency, and
expertise while reducing operational
Functions Model Supervision bottlenecks .
1 3 5
Collateral Loan
Operation Data Entry
Appraisal Signing Operation
Risk
Driving overall efficiency and shaping the future
2 4
Loan Loan Controller
Risk Improving Loan Origination Next Generation Process Model
Verification Approval
Day Past Due (DPD)
Digitalizing the Screening and Loan Approval Process of 12 - months Loan 0.7% 0.3%
Jun - 25 Jun - 26
Booking
Decision Engine ▪ BTN utilizes decision engine to automate
the screening and loan assessment Day Past Due (DPD)
process for consumer loans . of 24 - months Loan 8 .7% 5.5 %
Subsidized Non - Subsidized ▪ The system covers subsidized mortgage for Jun - 25 Jun - 26 BTN plans to enhance its loan
Booking
Mortgage Mortgage fixed and non - fixed income borrowers, and origination process through digital
personal loan for fixed income borrowers . Time to Yes (Loan approval) data entry, verification, and contact
▪ For non - subsidized mortgage, applicable within 4 days masking to improve customer
for fixed income borrowers with a ticket protection, reduce human
Time to Disburse
Equity Loan Personal Loan size of up to IDR 750 Mn, while equity loan intervention, and improve accuracy .
within 14 days
for fixed income borrowers with a ticket
size of up to IDR 350 Mn .
46
Page 47
Enhancing Collection Capabilities through Cluster - Based Management
Driving Collection Performance through Collaboration
Enhancing Collection Capabilities through Cluster - Based Management
and Digital Innovation
Advancing collection effectiveness through a structured cluster approach to Scaling up collection partnerships and channels to boost recovery income and
improve operational effectiveness . optimize distressed asset sales .
▪ Successfully established X
96 collection clusters Leveraging multiple property
based on geographical platform such as Rumah 123 to
coverage and increase market reach and expedite
operational workload . sales on foreclosed asset . Providing
▪ Improving collection broader access to property listings
recovery while reducing for potential buyers .
NPL formation through
better resource
allocation . X
Nationwide Implementation
The nationwide rollout, completed on 10 Offering more than 10,000 secondary
April 2026 , has strengthened collection Progress on Cluster Collection housing units through Balé Lelang BTN
execution , resulting in lower NPLs and Implementation as part of Lelang Akbar 2026 , in
improved field collection productivity . collaboration with DJKN, featuring :
Higher NPL to PL Rate ▪ Discounts of up to 40 %
Enhanced collector
46.0 %
▪ Mortgage financing with rates starting
effectiveness, the NPL - to- PL
from 5 %
conversion rate.
Improved Monthly Cost Efficiency
IDR 3.8 Bn IDR 3.2 Bn
(Before) (After)
15.4 %
Providing competitive price on
Higher Visit Rate on Key Regions secondary homes that integrated with
Improved field productivity in Key Region: BTN mortgage through the Balé
NPL Gross yoy ▪ Jakarta
Lelang feature on the Balé by BTN
platform .
2.99 % ▪ West Java (inc. Banten) 95.2 %
33 bps ▪ East Java, Bali, Nusa Visit Rate
Tenggara 47
Page 48
Loan Quality
Dec - 23 Dec - 24 Dec - 25 Jun - 25 Mar - 26 Jun - 26
Collectibility
IDR Bn % IDR Bn % IDR Bn % IDR Bn % IDR Bn % IDR Bn %
Current 297,251 89.1% 312,598 87.3% 350,674 87.5% 323,938 86.1% 347,237 86.7% 366,366 87.6%
Special Mention 26,399 7.9% 34,057 9.5% 37,545 9.4% 39,693 10.6% 40,910 10.2% 39,260 9.4%
Performing Loan (PL) 323,649 97.0% 346,655 96.8% 388,219 96.9% 363,631 96.7% 388,147 96.9% 405,626 97.0%
Substandard 571 0.2% 872 0.2% 614 0.2% 977 0.3% 925 0.2% 802 0.2%
Doubtful 678 0.2% 1,940 0.5% 869 0.2% 1,595 0.4% 907 0.2% 1,116 0.3%
Loss 8,800 2.6% 8,506 2.4% 10,874 2.7% 9,908 2.6% 10,652 2.7% 10,567 2.5%
Non Performing Loan (NPL) 10,049 3.0% 11,318 3.2% 12,357 3.1% 12,480 3.3% 12,484 3.1% 12,485 3.0%
Total Loan & Financing 333,698 100.0% 357,973 100.0% 400,576 100.0% 376,110 100.0% 400,631 100.0% 418,111 100.0%
NPL Gross 3.01 % 3.16% 3.08 % 3.33% 3.12% 2.99%
NPL Nett 1.32 % 1.89% 1.70% 1.94% 1.80% 1.77%
NPL Breakdown by Segment Quarterly SML Trend
By Segment (%) Dec - 23 Dec - 24 Dec - 25 Jun - 25 Mar - 26 Jun - 26
Housing Loan 3.2% 3.3% 3.5% 3.7% 3.5% 3.5%
Subsidized Mortgage 1.5% 1.7% 1.4% 1.7% 1.4% 1.4%
Non - Subsidized Mortgage 2.0% 3.7% 5.3% 5.3% 5.2% 5.3%
Other Housing Loan 3.7% 4.4% 3.9% 4.9% 3.8% 3.7%
Construction Loan 23.8% 16.0% 16.4% 15.0% 17.4% 19.4%
10.6%
10.4%
10.4%
10.2%
9.7%
9.5%
9.5%
9.4%
9.4%
9.4%
9.1%
9.3%
8.8%
Non - Housing Loan 1.9% 2.4% 1.1% 1.2% 1.5% 0.9%
7.9%
Consumer Loan 1.6% 1.5% 1.2% 1.2% 1.3% 0.4%
Commercial Loan 6.2% 7.3% 4.8% 4.0% 4.6% 3.5%
Corporate Loan 0.1% 0.1% 0.0% 0.0% 0.1% 0.1%
Mar Jun Sep Dec
Total Loan & Financing 3.0% 3.2% 3.1% 3.3% 3.1% 3.0%
Mortgage 1.7% 2.5% 2.9% 3.1% 2.8% 2.8% 2023 2024 2025 2026
48
Page 49
NPL, Cost of Credit and New Loan Booking Quality
NPL & NPL Coverage Day Past Due (DPD) of 12 - months Loan Booking
155.2%
0.7%
123.9% 121.7%
115.4% 115.0%
0.5%
3.2% 3.08%
3.0% 3.3% 3.0%
15.6 15.3 15.2 0.4% 0.4% 0.4%
14.4
13.1 12.4 12.5 12.5 0.3% 0.3%
11.3
10.0
Dec-23 Dec-24 Dec-25 Jun-25 Jun-26
Jun-25 Sep-25 Dec-25 Mar-26 Apr-26 May-26 Jun-26
Provision Amount (IDR Tn) NPL Amount (IDR Tn)
NPL Coverage (%) NPL (%)
Cost of Credit Day Past Due (DPD) of 24 - months Loan Booking
Annualized Provision Charge (IDR Tn) Cost of Credit (%)
8.7%
2.0%
1.6% 8.0%
1.2%
0.6% 0.7%
7.3
6.2 6.5% 6.5% 6.5%
6.1%
3.7
2.8 5.5%
2.0
Jun-25 Sep-25 Dec-25 Mar-26 Apr-26 May-26 Jun-26
FY23 FY24 FY25 6M25 6M26
49
Page 50
LAR and Total Restructured by Segment
LAR & LAR Coverage Total Restructured Loan by Segment
22.1% 16.8%
19.7% 19.7% 20.1% 19.5%
15.8%
15.4% 15.4%
21.1% 15.0%
18.6% 19.4% 19.0% 18.6%
(IDR Bn)
(IDR Bn)
77,545 77,923 63,093 62,718
75,632
1,381 57,852 1,349
70,406 70,344 5,379 330 2,582 56,194 5,346 115 1,940
5,449 55,236
2,634 5,719 93 1,875 4,691
4,992 326 328 2,594 4,829 5,449
6,211 6,315 2,241 5,181 1,881
6,211
3,751 3,053 2,086
6,598 3,276 1,768 74 1,959
298 319 85
6,949
2,040 68 2,563 5,488
9,930 8,795 1,651
1,760 6,053
1,937 33,123 1,448 27,606
1,666
30,513 27,980 25,157
24,311 21,695
22,412
18,976 19,378
30,292 30,644 32,546 25,136
27,086 27,741 23,673 21,535
18,568 19,515
Dec-23 Dec-24 Dec-25 Jun-25 Jun-26 Dec-23 Dec-24 Dec-25 Jun-25 Jun-26
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
50
Page 51
LAR and Restructured Loans
LAR by Collectability (%) Total Restructured Loan by Collectability (%)
14.3% 16.0% 15.9% 16.5% 16.0%
11.6% 13.1% 12.2% 13.8% 12.3%
37.5% 27.9%
47.6% 48.4% 52.5% 50.4% 40.6% 44.0% 46.0%
45.7%
48.2% 60.4%
36.4% 35.6% 31.0% 33.6% 46.3% 43.8% 40.6% 41.7%
Dec-23 Dec-24 Dec-25 Jun-25 Jun-26
Dec-23 Dec-24 Dec-25 Jun-25 Jun-26
LAR by Collectability (IDR Bn) Total Restructured Loan by Collectability (IDR Bn)
77,545 75,632 77,923
70,406 70,344 63,093 62,718
12,357 12,485 57,852
12,480 56,194 55,236
10,049 11,280 7,667 7,693
6,546 7,258 7,971
26,399 37,545 39,260 15,689 27,782
33,489 39,693 28,848
22,402 26,421
33,959 33,959
25,576 27,643 26,177 25,576 27,643 23,460 26,177
23,460
Dec-23 Dec-24 Dec-25 Jun-25 Jun-26 Dec-23 Dec-24 Dec-25 Jun-25 Jun-26
Current SML NPL
51
Page 52
ESG Update
Page 53
BTN ESG Journey
Since embarking on its ESG journey in 2023 , BTN has achieved significant milestones in embedding sustainability across its business and creating long -
term value for stakeholders .
2024 2026
▪ Launched 1,000 Low - emission ▪ Reaffirming ESG MSCI Rating at AA ,
housing program reflecting sustained performance
▪ Obtained Platinum Green and resilience in managing ESG -
Building certification for BTN related risks
Tower 2 ▪ Accelerating the development of
▪ Implemented a uniform 20 ,000 low emission housing
recycling program (repurposing program with 20 % eco - friendly
old corporate logo uniforms into materials*
souvenirs) ▪ Expanding the ”Pay Your Mortgage
Installment With Waste ” program
up to 20 regencies/cities across
2023 2025 Indonesia*
▪ Established ESG framework, ▪ Obtained an upgraded ESG MSCI Rating
roadmap, and initiative from BBB to AA
strategies in 2023 - 2028 to ▪ Launched ”Pay Your Mortgage
Become an ESG Champion Installment With Waste ” program
▪ Formed a dedicated ESG Unit ▪ Scaled up the Low - emission Housing
(Enterprise & ESG Risk program to 10,000 units
Management Division) and ▪ Hosted Queen Maxima visit to BTN’s
established an ESG committee houses that supports inclusivity and
▪ Joined UNEPFI Principle of accessibility for low to middle income
Responsible Banking (PRB) communities
Signatory ▪ Published Sustainable Finance
Framework and Social Finance
Framework
▪ Issued Social Bonds
*ongoing program 53
Page 54
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
54
Page 55
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
3.0 Mn 27%
Clusters
38.2% 61.8%
154.3
Thousand 47% According to the Ministry of Environment and Forestry (KLHK), over 270
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 .
11.4 Subsidized Non Subsidized
Thousand
Source: Ministry of Environment and Forestry
55
55
Page 56
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
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 Installment 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
Installment With Start - Up Waste
Valuable Waste ‘Low - emission
Waste” Program Management
Goes to Waste housing” Program
Market
Upstream Downstream 56
Page 57
Integrating ESG Principle within the Housing Ecosystem
BTN introduced ”Pay Your Mortgage Installment With Waste” & ”Waste Savings” 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 .
Pay Your Mortgage Installment With Waste Waste Savings
1 Point = IDR 1
472.2
21
Kg
1,673 Kg
Total Waste
Total Waste Total Cluster Collected
Collected
As of Jun 2026 As of Jun 2026
57
Page 58
Low - emission Housing Program
BTN developed a “Low - Emission Housing” roadmap , with a total target of 150,000 housing units by 2029.
Low - emission Housing Program Roadmap Number of Low - emission Houses Disbursed & Emissions Reduced
Advance Phase Accelerate Phase Total Total Waste
Action Phase Total Supplier Total Partners Total Emission
• 15% Eco Material • 30% Eco Material • 30% Eco Material Housing Unit Avoided
Avoided
• 10.000 Housing Pilot • 30 .000 Housing Pilot • 50.000 Housing Pilot
Projects Projects Projects
6 Suppliers 30 Developers 18,245 91.2 252 4,200
Units Ton* Trees/year ***
2025 2026 2027 2028 2029 tCO 2 e**
Jabodetabek , West Jabodetabek , West
5 58
**) 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 8 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%
58
58
Page 59
BTN ESG Development Plan in the Future
BTN will expand the “Low - emission Housing” and “Pay Your Mortgage with Waste” programs up to 10 provinces and 20 regencies/cities across
Indonesia .
North Sumatra Low - emission Housing
East Kalimantan
±18,000
Unit s
Pay Your Mortgage
Installment with Waste
2,145 Kg 21
Total Waste Housing
Collected Clusters
West Sumatra Central Java &
DIY
Next Project…
20 Location 7
Waste Station Province
Banten & DKI Jakarta
1. DKI Jakarta 5. North
2. West Java Sumatera
West Java East Java & Bali 3. Central Java 6. Bali
4. East Java 7. East
Kalimantan
Implemented in 2025
Expanding to more geographical areas in 2026
59
Page 60
Real Impacts on Environmental Sustainability
BTN’s sustainability initiatives have translated into real reductions in emissions, energy use, and paper consumption across ope rations.
Paperless Operations
Internal Paper Usage (rim) Paper Sheet Reduction from
Digitalization
3,318,019 Paperless
8,449 Efficiency
1,873,392 1,592,344
5,794 1.6 Mn
Sheet Paper reduction
2,811
2024 2025 Jun-26 ~ 95 .5
▪ Internal letter distribution through digital tCO2e
apps
2024 2025 Jun-26
BTN is progressively reducing internal paper consumption through digitalization of
▪ Mortgage
Properti
applications through BTN
1,592
Trees/year saved
operational processes, enhancing efficiency and supporting the bank’s transition ▪ Management fees, parking fees, and
toward paperless operations . other housing maintenance through BTN
Smart Residence
Green Transportation Green Premises
Electrical Vehicle Transportation Solar Panel 14 Solar Panel
48 51 Emission Reduction Efficiency
36 57 ,428 liters
7
318,922 kWh
As of Jun 2026 As of Jun 2026
~138.8 2 ~271.1 tCO2e
tCO2e
2024 2025 Jun-26
2 ,312 2024 2025 Jun-26 4,518
Trees/year saved
51 Unit Electric vehicles for operational Trees/year Saved* 14 Unit Installed Solar panels and targeting minimum
(31 electric cars & 20 electric motorcycles) will be 15% of Branch Offices by 2026 and 30 % by 2028 .
increased around 200 units by 2029 60
Page 61
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)
2.5% 50.1% 49.5% 50.0% 49.0% 39.9%
1.8%
1.4% 10,577
1.1% 196,432
165,177 178,906 166,746
0.6% 7,014 149,366
5,025
3,531
1,805
2022 2023 2024 2025 Jun-26 2022 2023 2024 2025 Jun-26
Sustainable Financing Highlight Social Bonds
Green Financing Strong Market Appetite Reaching 5.47x Oversubscription
Environmentally Sustainable Sustainable Water and
IDR 919 Bn Buildings Aligned with National, IDR 723 Bn Wastewater Management 0.3 1 Affordable Housing
Regional, and International Financing and/or refinancing of mortgage or
Certification Standards Environmentally Friendly home ownership with the FLPP scheme
IDR 127 Bn
IDR 620 Bn Energy Efficiency Transportation Job Creation & Unemployment Programs
2
(SME and Microfinance Financing)
IDR 1,758 Bn Renewable Energy IDR 3,401 Bn
Sustainable Natural
Resource and Land Use
Management
IDR 10 Tn
• SMEs and MSMEs
• Support MSMEs borrowers in times of need
(ex . loan restructuring, natural disaster, etc .)
IDR 3 ,029 Bn Other Environmentally Business
Activities 3 Basic Infrastructure
Drinking water supply systems, including water
Social Financing A total of IDR 10 Tn have been approved
treatment facilities and distribution networks
by the OJK to be disbursed in the next 2
IDR 6,998 Bn
Job Creation & Unemployment IDR 159,748 Bn Affordable Housing years. BTN have fully allocated IDR 300
Programs (SME and Microfinance Bn to finance loans for SMEs in 2025.
Financing) 61
Page 62
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
❑ Collaboration with SBM ITB for
Housing Finance Center (HFC) Mini MBA in Property with a total
To become a leading center for research, of more than 800 participants in
education and consultancy on housing 25 batches on a regular and 1
finance batch on request (in - house) .
❑ In 2 Q26 , HFC held Mini MBA in
property batch 25 .
Public Lecture
Implementing the HFC’s flagship work
program in seminars, workshops, and
Learning ❑ BTN has collaborated with many
short courses both online and offline in
national universities across
collaboration with well - known universities
Indonesia .
in Indonesia, Islamic boarding schools
and other stakeholders . ❑ In 2 Q26 , BTN collaborated with
Universitas Airlangga and Universitas
Conducting collaboration, coaching, Padjadjaran held public lecture on
Advisory mentoring and carrying out advisory Financial Glow Up for Gen Z .
functions with academics, practitioners,
government and community to training ❑ Public Lecture is part of BTN's
participants of HFC Program in property responsibility in increasing financial
sector literacy and inclusion .
Advisory Clinic
Research implementation within the
Research property sphere through various studies T he Advisory Clinic provides
on the housing market and developing the a platform for participants to
House Price Index (HPI) . take part in interactive
discussions and
consultations with expert
within the housing sector .
62
Page 63
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
#ESGChampion , good internal support from the Bank
an
of the BOD is needed . BTN has implemented learning & training
ethnicities, races, nationalities, skin colors, composition are
ages, religions, genders, disabilities, or other 43% 43% related to ESG for internal Bank employees .
50% 67% women
characteristics and perspectives to promote a
productive environment . 50% 33% 57% 57% 14.3% 31,887 11 10,349 5
❑ Ensure that everyone is treated equally and 2023 2024 2025 Jun-26
of the Commissioner Employee Completed Self - Employees
composition are ESG related
have the same opportunity accessing the *2025 after AGMs results
participated in ESG
training
Learning ESG become BUMN
women learning & training awareness Green
facilities and infrastructure . (delivered online &
initiatives in
(delivered online) Ambassador
2026
❑ Create a working environment of mutual onsite)
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% 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% 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 Jun-26
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 Jun - 26)
> 21.2 % composition are women ESG Knowledge Portal
Top Management*)
Employee Wellbeing Program > 48 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 59.7% 38.0%
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 . 36.8% 57.1% 6.1% the importance of
ESG principles .
63
Page 64
Governance Sustainability Highlights
Anti Bribery ESG Principle Compliance Management
System
Anti - Bribery Implementation : Policy Integration : Seamlessly Compliance Management :
Full compliance achieved via embedded foundational ESG Secured premium ISO
ISO 37001 :2016 certification principles across 76 key 37301 :2021 Certification (Dec
across 16 critical banking internal & strategic policies . 2022 ) to assure structural
segments . compliance governance .
Anti Corruption ESG Committee Anti Money Laundering
Anti Corruption : Program Dedicated ESG Committee : Anti - Money Laundering :
successfully deployed with Established to govern, Boosted systemic integrity via
96 Certified Integrity supervise, and drive enhanced APU (AML) & PPT
Officers (CIO) and 67 PAKSI sustainable development (Terrorism Financing
Instructors . objectives across all bank Prevention) structures .
portfolios .
Whistleblowing System ESG Aspect in Credit Analysis Data Privacy & Data Security
Whistleblowing System : Credit Policy Analysis : Data Privacy Priority :
Deployed robust reporting Enhanced credit risk metrics Enhanced customer trust by
platforms (btnsiips .info) to by integrating comprehensive certifying 67 employees and 5
ensure early, anonymous Sustainable Finance IIKPA members in advanced
violation detection . evaluations into lending . security standards .
Gratification ESG Signatories Anti - Fraud Committee
Deployed a dedicated Global Partnerships : Proud BTN established an Anti Fraud
Gratification Control Unit active signatory and Sub Committee to supervise
(reporting directly to KPK) to participant of UNEP FI, PCAF, and implement Anti Fraud
receive gratification reports AVPN, and IKBI networks . Strategy
64
Page 65
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 Mar - 26)
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 65
Page 66
Bank Only : Financial Highlights
Page 67
Financial Snapshots – BTN’s Bank Only
Financial Highlight *) Dec - 23 Dec - 24 Dec - 25 1H25 1H26 yoy Growth (%)
Asset/ Liabilities
Total Assets (IDR Bn) 438,750 469,615 462,463 484,962 473,470 - 2.4% yoy
Total Loan & Financing (IDR Bn) 333,698 357,973 345,703 376,110 358,504 - 4.7% yoy
Total Deposits (IDR Bn) 349,933 381,667 378,712 406,383 371,528 - 8.6% yoy
Profitability
Net Profit (IDR Bn) 3,501 3,007 3,425 1,706 1,958 14.8% yoy
NIM 3.8% 2.9% 4.3% 4.4% 3.5% (93) bps
CIR 45.3% 57.1% 49.2% 43.8% 52.3% 846 bps
RoE (Tier - 1) 13.9% 10.8% 11.6% 11.8% 13.4% 156 bps
RoA (Return on Asset) 1.1% 0.8% 0.9% 0.9% 1.1% 15 bps
Asset Quality
NPL (Gross) 3.0% 3.2% 3.2% 3.3% 3.0% (28) bps
Loan at Risk (LAR) 21.1% 19.7% 20.5% 20.1% 19.6% (52) bps
NPL Coverage 155.2% 115.4% 127.6% 115.0% 127.1% 1,203 bps
Cost of Credit (CoC) 1.2% 0.6% 1.9% 2.0% 0.7% (134) bps
Liquidity
LDR 95.4% 93.8% 91.3% 92.6% 96.5% 394 bps
LFR 83.2% 83.2% 82.3% 84.5% 83.4% (118) bps
CASA 53.7% 54.1% 46.9% 49.1% 47.2% (194) bps
Capital
CAR (Tier 1) 17.5% 17.1% 16.7% 16.2% 15.8% (37) bps
Total CAR 20.1% 18.5% 19.0% 17.5% 17.9% 39 bps
*) The numbers shown from 2023 – 1H25 are at consolidated figures, while for Dec - 25 numbers are including BTN’s Sharia Business Unit Pre Spin - Off (from 1 Jan 25 – 18 Dec 25).
67
Page 68
Subsidiary :Bank Syariah Nasional
Page 69
Performance Highlights Bank Syariah Nasional in 1H26
Total Assets continue to grow , with total Sustainable Growth of Financing to IDR 60 Tn Resilient Total Deposits, to IDR 62 Tn
outstanding of IDR 79 Tn
(IDR Tn) (IDR Tn)
(IDR Tn)
76 79
73
61 62
54 60 59 59
55 57
45 50
44 42
37 35
32
2022 2023 2024 2025 3M26 6M26 2022 2023 2024 2025 3M26 6M26 2022 2023 2024 2025 3M26 6M26
Improving NPF Gross to 2.7% as of Jun 2026 NIM managed 4.0% as of Jun 2026 CASA Deposits of 60.9 %
(% ) (%) (%)
60.7 62.8 60.9
3.3 5.0 5.0 55.7
2.9 2.6 2.7 2.7 4.2 4.1 4.0 50.0
2.4 3.8
43.6
Dec-22 Dec-23 Dec-24 Dec-25 Mar-26 Jun-26 2022 2023 2024 2025 3M26 6M26 2022 2023 2024 2025 3M26 6M26
*) 2024 and prior - year financial figures based on BTN Syariah’s performance. 69
Page 70
Bank Syariah Nasional: Financing & Deposits Composition
Financing Business Composition
Dec - 23 Dec - 24 Dec - 25 Jun - 25 Jun - 26
Financings Type (IDR Bn) QoQ YoY
Outs % Outs % Outs % Outs % Outs %
Housing Financing 36,587 98.6% 43,217 98.5% 52,903 96.4% 47,653 98.3% 57,556 96.6% 5.2% 20.8%
Subsidized Mortgage 22,966 61.9% 26,522 60.4% 33,883 61.7% 29,885 61.7% 37,192 62.4% 5.5% 24.5%
Non - Subsidized Mortgage 11,604 31.3% 14,303 32.6% 16,935 30.9% 15,536 32.1% 18,356 30.8% 4.5% 18.2%
Other Housing Financing 33 0.1% 41 0.1% 39 0.1% 43 0.1% 39 0.1% 0.5% - 10.2%
Construction Financing 1,982 5.3% 2,351 5.4% 2,046 3.7% 2,189 4.5% 1,969 3.3% 4.8% - 10.0%
Non - Housing Financing 528 1.4% 675 1.5% 1,970 3.6% 813 1.7% 2,051 3.4% 15.6% 152.4%
Consumer Financing 169 0.5% 290 0.7% 495 0.9% 358 0.7% 775 1.3% 22.6% 116.4%
Commercial Financing 359 1.0% 385 0.9% 1,475 2.7% 455 0.9% 1,276 2.1% 11.7% 180.7%
Total Financing 37,114 100.0% 43,893 100.0% 54,873 100.0% 48,466 100.0% 59,607 100.0% 5.5% 23.0%
Mortgage Financing 34,571 93.2% 40,825 93.0% 50,818 92.6% 45,421 93.7% 55,548 93.2% 5.2% 22.3%
Deposits Composition CASA Ratio (%)
3.7% 3.9% 3.8%
Deposits (IDR Bn) Dec - 23 Dec - 24 Dec - 25 Jun - 25 Jun - 26 yoy
2.7%
CASA 20,915 27,634 35,578 32,517 37,544 15.5%
2.1%
Current Account 14,166 19,825 26,899 23,613 29,919 26.7% TD
CASA
Savings Account 6,750 7,810 8,679 8,904 7,625 - 14.4% 50.0% 44.3% 39.4% 41.1% 39.1%
CoF
Time Deposits 20,888 21,988 23,108 22,722 24,070 5.9%
50.0% 55.7% 60.6% 58.9% 60.9%
Total 41,803 49,622 58,686 55,239 61,614 11.5%
Dec-23 Dec-24 Dec-25 Jun-25 Jun-26
*) Jun - 25 and prior - year financial figures based on BTN Syariah’s performance. 70
Page 71
Bank Syariah Nasional : Asset Quality
Non - Performing Financing (NPF) Special Mentioned Financing (SMF)
Financings Type Dec - 23 Dec - 24 Dec - 25 Jun - 25 Jun - 26 Financings Type Dec - 23 Dec - 24 Dec - 25 Jun - 25 Jun - 26
Housing Financing 2.3% 2.8% 2.6% 2.9% 2.8% Housing Financing 7.1% 7.2% 6.7% 7.8% 6.9%
Subsidized Mortgage 1.1% 1.6% 1.4% 1.6% 1.6% Subsidized Mortgage 7.1% 7.7% 6.7% 8.4% 6.7%
Non - Subsidized Mortgage 2.0% 2.9% 3.6% 3.6% 4.3% Non - Subsidized Mortgage 7.3% 7.1% 7.3% 7.8% 7.8%
Other Housing Financing 1.8% 0.4% 3.3% 3.0% 4.0% Other Housing Financing 11.0% 13.0% 11.5% 11.1% 14.4%
Construction Financing 18.1% 16.2% 14.6% 14.1% 11.0% Construction Financing 5.7% 1.3% 1.3% 1.0% 1.5%
Non - Housing Financing 10.0% 6.6% 1.0% 3.6% 0.7% Non - Housing Financing 1.6% 0.8% 0.4% 1.0% 0.4%
Consumer Financing 3.6% 2.0% 1.8% 2.0% 1.3% Consumer Financing 3.8% 1.8% 1.4% 2.2% 1.0%
Commercial Financing 13.0% 10.1% 0.8% 4.9% 0.3% Commercial Financing 0.5% 0.0% 0.0% 0.0% 0.0%
Total Financing 2.4% 2.9% 2.6% 2.9% 2.7% Total Financing 7.0% 7.1% 6.4% 7.7% 6.7%
Mortgage Financing 1.4% 2.0% 2.2% 2.3% 2.5% Mortgage Financing 7.1% 7.5% 6.9% 8.2% 7.1%
NPF & NPF Coverage
158.1%
14.4%
105.4% 95.9% 94.7% 85.8% 13.1% 13.4%
12.3% 12.9%
1.6% 1.1% 0.8% 0.5%
0.7%
2.9% 2.6% 2.9% 2.7% 12.8% 12.7% 12.4%
2.4% 12.0% 11.7%
Dec-23 Dec-24 Dec-25 Jun-25 Jun-26 Dec-23 Dec-24 Dec-25 Jun-25 Jun-26
NPF NPF Coverage FAR Consumer FAR Commercial
Total FAR
*) 2024 and prior - year financial figures based on BTN Syariah’s performance. 71
71
Page 72
Appendix
Page 73
Recent Regulatory Changes with Potential Impact on Banks
KUR Housing Program – Supply & Demand Side New Maximum Monthly Income on Subsidized Mortgage Program
Scheme Supply Side Demand Side Ministry of Housing and Residential Area issued new regulation on the eligibility for the
subsidized mortgage (FLPP) program (Permen No .5/2025 ) on April 2025 .
Loan Limit IDR 500 Mn – 5 Bn IDR 10 Mn – 500 Mn
Working Capital Loan: Max 4 Years Investment Loan : Depends on Agreement Monthly Income (IDR Mn)
Tenor
Investment Loan: Max 5 Years between Banks and Customers Before After
MSMEs Geographical Zones (FLPP Program)
▪ Developers: build, renovate, and Single
Joint
Single
Joint
purchase houses for sale Income Income
Applicant ▪ Construction Services: Consultant MSMEs Java (exc. Jabodetabek), Sumatera, East Nusa
or Constructor Zone 1 7.0 8.0 8.5 10.0
Tenggara, West Nusa Tenggara
▪ Building Material Suppliers:
wholesaler and retailer Kalimantan, Sulawesi, Bangka Belitung Island,
Zone 2 7.0 8.0 9.0 11.0
Riau Island, Maluku, North Maluku, Bali
Purchasing, building, or renovating houses
1. Land acquisition that serves as : Papua, West Papua, Central Papua, South Papua,
• Business & residence (home office) Zone 3 Highland Papua (Papua Pegunungan), Southwest 7.5 10.0 10.5 12.0
Purpose 2. Purchase building materials
• Storage warehouse for business & Papua
3. Procurement of goods and services residence
• Online or Offline businesses & residence Zone 4 Jakarta, Bogor, Depok, Tangerang, Bekasi 7.0 8.0 12.0 14.0
Loan
IDR 5 Bn/cycle, up to 4 cycles IDR 500 Mn, one cycle
Withdrawal
• 5.99% for new borrowers Boosting Liquidity through IDR 400 Tn Fund Placement on Banks
Interest Rate Borrowers pay 6%
• 8 – 9% for existing borrowers
▪ The Ministry of Finance has boosted liquidity by placing IDR 400 Tn funds on SOE
• 10% (plafond: IDR 10 Mn – 100 Mn) Banks , namely BBRI, BBNI, BMRI, BBTN, and BRIS .
5% for 4 – 5 years (depend on loan
Subsidy Rate • 5.5% (plafond: IDR 100 Mn – 500 Mn) ▪ From such amount, BBTN secured IDR 38 .3 Tn in July 2026 , while BBRI and BMRI
type)
• Max 5 years subsidy rate obtained IDR 85 .0 Tn, BBNI received IDR 83 .5 Tn, and IDR 22 Tn for BRIS . The
objective is to provide more liquidity in the banking system that will stimulate the
Total • 10.99% for new borrowers • 16% (plafond: IDR 10 Mn – 100 Mn)
economy .
Lending Rate • 13 – 14% for existing borrowers • 11.5% (plafond: IDR 100 Mn – 500 Mn) ▪ The Ministry imposed strict conditions that Banks are not permitted to place the
▪ Proof of Tax Identification Number – NPWP & Business Registration Number – NIB funds into government securities (SBN) .
– business running min. 6 months ▪ The allocated fund placed in Deposit on Call instrument (conventional or sharia
▪ Non existing KUR borrowers or other government loan programs schemes) with a tenor of 6 months (extendable) and a return rate of 80 .476 % x BI
Rate (equals to 4 .6 % )
▪ May already obtain commercial loan under current category (collectability 1)
Eligibility
▪ Financial Information Service System (SLIK), business feasibility, and background
check
▪ Capital: max IDR 10 Bn & Annual Revenue: max IDR 50 Bn Source : Ministry of Finance Policy, Ministry of Housing and Residential Area Policy,
▪ Registered in KUR Database Coordinating Ministry for Economic Affairs Policy
7373
Page 74
Policy Update on FLPP (Liquidity Facility Program) - Affordable Vertical Housing Program
New Policy Update on Affordable Vertical Housing Program FLPP Target in 2026
Regulation Kepmen No. 995/2021 Kepmen No. 23/2026
High Rise Landed
IDR 8.8 – 9.6 Mn per m 2 (e.g. Jakarta) IDR 13.5 – 14.5 Mn per m 2 (e.g. Jakarta)
Price House
FLPP 2026 (5% interest rate)
Tenor Up to 20 Years Up to 30 Years 350,000 Units
Interest Rate 5% 6% High Rise
(6 % interest rate)
Unit Area 21 – 36 m 2 21 – 45 m 2 Other Scheme
Government
SMF Subsidy
Price Range per M 2 in Each Region Annual Budget
(75 % budget allocation) (25 % budget allocation)
High Rise
Kepmen No. 995/2021 Kepmen No. 23/2026 % increase
Price
2 2
Jabodetabek IDR 8.4 – 9.6 Mn per m IDR 13.0 – 14.5 Mn per m 51% – 55% SBUM SSB
IDR 7.8 – 10.0 Mn per m 2 IDR 10.0 – 13.5 Mn per m 2 28% – 35%
Sumatera
• The government has set the national target for FLPP to 350 ,000 units with
2
a total budget of 75 % coming from Government Annual Budget , while
Java IDR 7.2 – 7.9 Mn per m IDR 11.0 – 12.5 Mn per m 2 53% – 58%
remaining sourced from SMF .
• The lending rate on landed house is fixed at 5 .0 % with tenor max of 20
Bali & Nusa
IDR 8.3 – 8.6 Mn per m 2 IDR 10.0 – 13.0 Mn per m 2 35% – 51% years, while the high - rise is fixed at 6 .0 % (previously 5 .0 % ) with a tenor of
Tenggara
up to 30 years .
2 2
• On FLPP funding structure, the portion from government is 75 % placed in
Kalimantan IDR 9.0 – 9.9 Mn per m IDR 12.0 – 14.0 Mn per m 33% – 41%
the bank’s current account instrument with 0 .5% rate, the remaining 25 %
funding is coming from SMF with 4 .45 % rate .
Sulawesi & 2 2
IDR 6.9 – 9.6 Mn per m IDR 10.0 – 14.0 Mn per m 45% – 46%
Maluku
Definition :
• SMF : Special Purpose Vehicle for Mortgage Disbursement
Papua IDR 10.7 – 15.7 Mn per m 2 IDR 13.5 – 28.0 Mn per m 2 26% – 78%
• SBUM : Down Payment Assistance Subsidy
• SSB : Interest Rate Subsidy .
Source : Ministry of Public Works and Housing (2021 ), Ministry of Housing and Residential Area (2026 )
74
Page 75
BTN’s Network and Distribution as of June 2026
Java Kalimantan Sulawesi
Regional Office 5 Regional Office 1 Regional Office 1
Branch Offices 51 Branch Offices 7 Branch Offices 8
National Jun - 26 FY25 FY24
Sub - Branch Offices 387 Sub - Branch Offices 32 Sub - Branch Offices 30
Regional Office 9 8 8
ATM & CRM 1,413 ATM & CRM 133 ATM & CRM 135
Branch Offices 84 82 82
Sub - Branch
546 548 536
Offices
Sumatera Bali dan Nusa Tenggara Maluku dan Papua
Outlets 639 638 626
Regional Office 2 Regional Office - Regional Office -
ATM and CRM 2,094 2,090 2,071
Branch Offices 11 Branch Offices 4 Branch Offices 3
Sub - Branch Offices 74 Sub - Branch Offices 15 Sub - Branch Offices 8
ATM & CRM 309 ATM & CRM 70 ATM & CRM 34
75
Page 76
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 Jun - 26)
including ESG indices up to Jun - 26 (of total public Portion)
Region Asia
Euro Region 106.4 mn shares
As of October 2025 USA 507.9 mn shares
(1.9%)
Local Index : 1,042 mn shares (9.0 %)
• LQ 45 (18. 6 %)
Outlook : Positive • IDX 80
National Short - Term Rating : F1+ ( idn ) • IDXFINANCE
National Long - Term Rating : AAA ( idn )
Indonesia
• IDX BUMN 20 3,816 mn shares
Senior Unsecured : AAA • IDX Small - Mid Cap (IDX SMC) Composite British Territory
(68.0%)
• IDX Small - Mid Cap (IDX SMC) Liquid 11.5 mn shares
• MBX America ex USA (0.2%)
• PEFINDO i- Grade 100.4 mn shares
(1.8%) Australia
• PRIMBANK 10 28.2 mn shares
As of February 2026
• Kompas 100 (0.5%)
• Infobank 15
• IDX Value 30
Outlook : Negative • Investor 33
Counterparty Risk Rating : Baa2/P - 2 • ECONOMIC 30
Bank Deposits : Baa2/P - 2 • Tempo – IDX Financials 52 (High Dividend Shareholder Structure (as of Jun - 26)
Baseline Credit Assessment : ba2 Index)
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 :
Government of Indonesia *) Public ***)
• MSCI Indonesia
• MSCI Emerging Market (EM) 60% 40%
As of August 2025 • MSCI EM Small Cap
• MSCI EM Investable Market Index (IMI)
• FTSE All - World Ex US Small Cap Index
Outlook : Stable • FTSE Global All Cap Index Fund
Corporate Rating : F1+ ( idn ) • MSCI Total International Stock
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
76
Page 77
Board of Commissioner
*) Effective following approval of Fit & Proper Test by Otoritas Jasa Keuangan (OJK)
Panangian Endra Gunawan *) Suryo Utomo Pietra Machreza Paloh
Ida Nuryanti Vice President Commissioner President Commissioner Independent Commissioner Fahri Hamzah
Independent Commissioner
Simanungkalit Didyk Choiroel *)
Independent Commissioner Commissioner Commissioner
Currently serving as Deputy Served as Directorate
Served as Head of Served as President Served as Commissioner Currently serving as Vice
of State - Owned Enterprise General of Taxes of Currently serving as
Human Resources Director of Panangian of PT Mandiri Energindo Minister of Ministry of
(SOE) Performance in BP Ministry of Finance . Secretary General of
Department of Bank School of Property . Sejahtera and Director Housing and Residential
BUMN . Housing and Residential
Indonesia and Head of Operations of PT Walinusa . Area (Kementerian PKP) . Area (Kementerian PKP) .
Payment System
Management Department
of Bank Indonesia .
77
77
Page 78
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
78
Page 79
Board of Director (2/2)
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 .
79
Page 80
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
Names mentioned 54 people and organisations named in the text · linked when the evidence is strong
unresolved
org
Bank Indonesia
p.6 ×7
unresolved
org
Bank Indonesia Strengthened
p.7
unresolved
org
Ministry of Finance
p.7 ×3
unresolved
org
PT Mentari Bumi
p.14
unresolved
org
Ministry of Finance Policy
p.23 ×2
unresolved
org
Ministry of Housing and Residential Area Policy
p.23 ×2
unresolved
org
Digital Initiative & Partners
p.26
unresolved
org
PT Pertamina Bina Medika IHC Delivering
p.26
unresolved
org
PT MRT
p.26
unresolved
org
Ministry of Environment and Forestry
p.55 ×2
unresolved
person
Employee
· Commissioner
p.63
unresolved
org
Bank BTN’s ESG
p.65
unresolved
org
Bank Only Financial Highlight
p.67
unresolved
org
Ministry of Housing and Residential Area
p.73 ×2
unresolved
org
Ministry of Public Works and Housing
p.74
unresolved
org
Bank Deposits
p.76
unresolved
—
Served
· Commissioner
p.77
unresolved
org
PT Mandiri Energindo
p.77
unresolved
org
Minister of Ministry
p.77
unresolved
person
Housing
· Director
p.77
unresolved
org
PT Walinusa
p.77
unresolved
org
Kementerian PKP
p.77 ×2
unresolved
org
PT Bank Tabungan Development
p.78
unresolved
org
PT Bank Tabungan
p.78
unresolved
org
Negara (Persero) Tbk
p.78
unresolved
org
Mandiri (Persero) Tbk
p.78
unresolved
org
PT BPD Jawa
p.79
unresolved
org
PT Mandiri Utama
p.79
unresolved
org
Timur Tbk
p.79
unresolved
org
PT Bank Mandiri Tabungan
p.79
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