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Page 1
PUBLIC EXPOSE
PT URBAN JAKARTA PROPERTINDO Tbk
Transit Oriented Development Company
2025 | Strictly Private & Confidential
Page 2
IMPORTANT NOTICE
This document has been prepared by and on behalf of the PT Urban Jakarta Propertindo Tbk (herein after referred as the “Company” or “PT UJP” or “UJP”) in connection with the
company and is solely for informational purposes. You should not definitively rely upon it or use it to form the definitive basis for any decision, contract, commitment or action
whatsoever, with respect to any proposed transaction or otherwise. You and your directors, officers, employees, agents and affiliates must hold this document and any oral
information provided in connection with this document in strict confidence and may not communicate, reproduce, distribute or disclose it to any other person, or refer to it
publicly, in whole or in part at any time except with our prior written consent. If you are not the intended recipient of this document, please delete and destroy all copies
immediately.

We have prepared this document and the analyses contained in it based, in part, on certain assumptions and information obtained by us from various sources. Our use of such
assumptions and information does not imply that we have independently verified or necessarily agree with any of such assumptions or information, and we have assumed and
relied upon the accuracy and completeness of such assumptions and information for purposes of this document. Neither we nor any of our affiliates or advisors, or our or their
respective officers, employees or agents, make any representation or warranty, express or implied, in relation to the accuracy or completeness of the information contained in this
document or any oral information provided in connection herewith, or any data it generates and accept no responsibility, obligation or liability whatsoever (whether direct or
indirect, in contract, tort or otherwise) in relation to any of such information. We and our affiliates and advisors and our and their respective officers, employees and agents
expressly disclaim any and all liability which may be based on this document and any errors therein or omissions therefrom. Neither we nor any of our affiliates or advisors, or our
or their respective officers, employees or agents, make any representation or warranty, express or implied, that any transaction has been or may be effected on the terms or in
the manner stated in this document, or as to the achievement or reasonableness of future projections, management targets, estimates, prospects or returns, if any. Any views or
terms contained herein are preliminary only, and are based on financial, economic, market and other conditions prevailing as of the date of this document and are therefore
subject to change. We undertake no obligation or responsibility to update any of the information contained in this document. Past performance does not guarantee or predict
future performance.

This document and the information contained herein do not constitute an offer to sell or the solicitation of an offer to buy any security, commodity or instrument or related
derivative, nor do they constitute an offer or commitment to lend, syndicate or arrange a financing, underwrite or purchase or act as an agent or advisor or in any other capacity
with respect to any transaction, or commit capital, or to participate in any trading strategies, and do not constitute legal, regulatory, accounting or tax advice to the recipient. We
recommend that the recipient seek independent third party legal, regulatory, accounting and tax advice regarding the contents of this document. This document does not
constitute and should not be considered as any form of financial opinion or recommendation by us or any of our affiliates.
Page 3
ABOUT UJP
Page 4
ABOUT URBAN JAKARTA PROPERTINDO
UJP is Indonesia’s first private development company focusing on Transit Oriented
Development (TOD) development

Commenced in 2016, PT Urban Jakarta Propertindo Tbk (UJP) focusing on
real estate development and property sector.

UJP is the first privately-owned company with exposure to Transit Oriented
Development (TOD) on Government Connectivity and Infrastructure program
of Light Rail Transit (LRT).

Since its listing at Indonesia Stock Exchange (IDX) in 2018, UJP has grown its
exposure to 5 (five) portfolio of TOD Projects in partnership with State
Owned Enterprises.

With direct connection and access to public transportation, UJP hopes to
bring a new paradigm of efficiency in an urban living concept.
Page 5
                                                                                                                                                            Legend:
                                                                                                                                                            (1)    Ultimate Controlling


SHAREHOLDING AND GROUP STRUCTURE
                                                                                                                                                                   Shareholder


                                                                                                                                                                    Passive
                                                                                                                                                                  Controlling
                                                          Yongky Wijaya (1)                Jacqueline B. Wijaya


                                                                  62.1%                          37.9%


                                                                              PT Nusa Wijaya
                                        Ibukota Development Ltd                                                   Public
                                                                               Propertindo

                                                  9.6%                           74.3%                            11.1%


                                                                                  Public




       50.0%                    50.0%                         100.0%                             100.0%                           51.0%                100.0%

Project Gateway Park    Project Urban Signature                                                                            PT Jakarta River City
                                                          Project Urban Sky                Project Urban Suites                                    PT Urban Jakarta
 LRT City Jatibening        LRT City Ciracas                                                                                   LRT Ciliwung
                                                            LRT Cikunir 2                      LRT Cikunir 1                                          Komersial
Joint Operation (KSO)    Joint Operation (KSO)                                                                              Joint Venture (JV)
Page 6
                                                                                                                                                                       Legend:
                                                                                                                                                                           Passive
  UJP DEVELOPMENT PORTOFOLIOS                                                                                                                                            Controlling




PROJECT OVERVIEW                    PROJECT OVERVIEW                    PROJECT OVERVIEW                    PROJECT OVERVIEW                     PROJECT OVERVIEW
▪ 0km from Jaticempaka LRT          ▪ 0km from Ciracas LRT Station      ▪ Across the highway from Cikunir   ▪ 0km from Cikunir 1 LRT Station     ▪ 0km from Ciliwung LRT Station
  Station                           ▪ 5 Apartment Towers and 3            2 LRT Station                     ▪ 2 Apartment Towers, 2 Mixed        ▪ 8 Apartment Towers, 1 Mall and
▪ 5 Apartments Towers and 1 Mall      Commercial Areas                  ▪ 2 Apartment Towers and 1            Used Towers and 1 Commercial         1 Office Tower
▪ Project Value at IDR 6.1Tn        ▪ Project Value at IDR 5.8 Tn         Commercial Area                     Area                               ▪ Project Value at IDR 13 Tn
▪ Land Area at 63,676 sqm           ▪ Land Area at 62,239 sqm           ▪ Project Value at IDR 1.3 Tn       ▪ Project Value at IDR 2.7 Tn        ▪ Land Area at 60.332 sqm
▪ Total Development at 265.677      ▪ Total Development at 258.271      ▪ Land Area at 12,597 sqm           ▪ Land Area at 14,000 sqm            ▪ Total Development at 258.853
  sqm                                 sqm                               ▪ Total Development at 107.591      ▪ Total Development at 54.307          sqm
                                                                          sqm                                 sqm

PROJECT PROGRESS                    PROJECT PROGRESS                    PROJECT PROGRESS                    PROJECT PROGRESS                     PROJECT PROGRESS
▪ Completion of Lot 1 (2 Towers     ▪ Construction of Tower 1           ▪ Construction of 2 Tower.          ▪ Land clearing process. Estimated   ▪ Land clearing process. Estimated
  Apartment)                          Estimated completion by the end     Estimated completion by the end     completion by the end of next        completion by the end of next
▪ 80% occupancy ratio of 90% sold     of year                             of next year                        year                                 year
  units                             ▪ 30% remaining inventory of 1      ▪ 5% remaining inventory of 2
                                      Tower                               Towers
Page 7
                                                                                                                             Legend:
                                                                                                                                  Passive
UJP DEVELOPMENT PORTOFOLIOS (cont’d)                                                                                             Controlling

Strategically located portfolios across the main line of Light Rail Transit to Jakarta
                                                                                    TRAFFIC FACT
                                                                                    ▪ 9.54 MILLION traffics alone from
                                                                                      January to W2 June 2025 or 70.000
                                                                                      passengers per day. It represented 65%
                           Gateway Park             Urban Suites                      growth y-o-y %
                         LRT City Jatibening        LRT Cikunir 1
                                                                                    ▪ As of W2 June 2025, since its inception,
                                                                                      35.16 million people have used
                                                                                      LRT from Bekasi Timur Station to Cawang
                                                                                      and from Station Cibubur to Cawang
                                                                                      everyday
                                                                                    PROPERTY DEVELOPMENT WITH TOD
                                                                                    CONCEPT
                                                                                    ▪ Strategic Location in TOD Property
                                                                                      Development by Urban Jakarta Group
                                                                                    ▪ Currently UJP have 5 portfolios of
                                                                                      property development in LRT phase 1 ready
                                                                                      to develop
    Jakarta River City                         Urban Signature       Urban Sky
      LRT Ciliwung                             LRT City Ciracas     LRT Cikunir 2
Page 8
STRATEGY AND FOCUS
Enhancing shareholders value by creating a sustainable business model with
diversification supported with strong operation team


         1                       2                      3                       4
                            Improve Good             Strengthen
 Expand company’s                                                       Maintain awareness
                              Corporate          company’s financial
      reach by                                                          to market’s demand
                          Governance (GCG),       position, increase
diversification for an                                                     and supply and
                         Internal Control and   liquidity and achieve
   integrated and                                                       uprising opportunity
                         Human Resources to         the optimum
 ecosystem business                                                        on exceptional
                          support company’s         leverage and
        model                                                            potential projects
                              operation             gearing ratio
Page 9
PROJECTS UPDATE
Page 10
GATEWAY PARK
LRT City Jatibening – a joint operation with Adhi Commuter Property
Page 11
URBAN SIGNATURE
LRT City Ciracas – a joint operation with Adhi Commuter Property
Page 12
URBAN SKY
LRT Cikunir 2 – a bulk-sold project

                                                         Project Update as of June 2025

                                      Construction Progress               Sales Progress Apartment
                                      Tower 1/ Tower H                    Tower 1/ Tower H

                                                 60%                                      95%

                                      Tower 2/ Tower T                    Tower 2/ Tower T

                                              30%                                         100%

                                      Construction Mall Area              Handover Progress Apt. Tower 2

                                                 65%                                       0%

                                      Target completion to be discussed   Target completion to be discussed
Page 13
URBAN SUITES
LRT Cikunir 1 – UJP’s crown jewel project

                                                    Project Overview


                                            0km LRT Cikunir 1 Station
                                            Caman Raya No. 1, Jatibening, Bekasi

                                            Apartment (Residential)      and       Mall
                                            (Commercial)


                                            Land Area ± 15,000 sqm


                                            4 Towers with Apartments with total area
                                            of ± 60,000 sqm

                                            1 Commercial Areas with total area of ±
                                            24,000 sqm
Page 14
JAKARTA RIVER CITY
LRT Ciliwung - a joint venture company with WIKA Realty
                                                              Project Overview                                          Project Overview

                                              •    Project site is located in East Jakarta at
                                                   border to South Jakarta
                        Office                •    Strategically located along;

                      F & B Mall                  o the Inner City Toll Road (JORR) and Jl. MT
                                                    Haryono in close proximity to major                    51.0%                               49.0%

          STAGE     Business Hotel                  Cawang Toll Interchange and positioned
            1                                       right to (0km) LRT Ciliwung station that is
                                                    expected to run and operate by August
                                                    2022
                                                  o Jakarta Economic Corridor – Sudirman,
                                                    Mega Kuningan, Rasuna Epicentrum,
                                                    SCBD, Blok M area located within 8 km
                                                    from the site                                                   Project Plan Development
                        STAGE 3
          STAGE 2                                 o Soekarno Hatta International Airport
                                                    currently accessible through the Inner City
     Mid-Up
                                 Upper-High         Toll Road connecting to Airport Toll Road.      STAGE 1               STAGE 2                STAGE 3
   Apartments
                                 Apartments         Approximately travel time 40-70 minutes
                                                                                                  Office Building      4 Blocks Mid-up         4 Blocks Upper-
                                                  o Halim Perdanakusuma Airport is located          F&B Mall           Scale Apartment            High Scale
                                                    only 4 km to the east within travel time 20
                                                    minutes
                                                                                                  Business Hotel                                 Apartment
Page 15
RECURRING INCOME PROJECT - PASREN ASTHANA
Commercial Area – an effort to create sustainable revenue



                          URBAN, CREATIVE
                          COMPOUND.
                           As you enter the Gapura of Pasren Asthana, you will find a wide selection of
                           brands that brings you an immersive experience without the guilt. Let your
                           senses spark as you enter the commercial compound of Pasren Asthana,
                           welcomed by the cosmopolitan atmosphere combined gracefully with the
                           authentic style of culture. Enjoy the very best life has to offer, one step
                           from your door.
Page 16
RECURRING INCOME PROJECT - PASREN ASTHANA
Commercial Area – an effort to create sustainable and recurring revenue
Page 17
RECURRING INCOME PROJECT - PASREN ASTHANA
Commercial Area – past events
Page 18
RECURRING INCOME PROJECT - PASREN ASTHANA
Commercial Area – past events
Page 19
RECURRING INCOME PROJECT - PASREN ASTHANA
Commercial Area – past events
Page 20
RECURRING INCOME PROJECT - GATEWAY PARK MALL
An ecosystem of living and enjoyment in one proximity




Area Mall   5 Lantai dengan 2 Basement       Located in a strategic and dense population area, Gateway Park Mall is
                                             the perfect one-stop shopping, dining and entertainment mall equipped
CFA (m2)    ± 45.000 m2                      with an open style concept.

NLA (m2)    ± 20.600 m2                      Currently, Gateway Park Mall has its own captive market with 891 units
                                             from Tower Accordion and Bandoneon with >80% occupancy rate also
Land Area
            ± 8.000 m2                       traffic from existing LRT users stopping by
(m2)
Page 21

          
Page 22

          
Page 23
RECURRING INCOME PROJECT - GATEWAY PARK MALL
Captive market and supporting facilities in numbers




                                     > 7,000                15 public
    35.6 million                                            facilities
    commuters                       residents            Of public and private school,
                                    From apartment and     Government agencies &
       Since LRT inception            surrounding area         Hospitals within
                                                                  5km radius
Page 24

          
Page 25
RECURRING INCOME PROJECT - GATEWAY PARK MALL
Current condition and target completion




                                               Currently at 30% overall
                                               progress . We estimated
                                               the    completion    of
                                               construction will be
                                               done       during    18
                                               (eighteenth months) and
                                               ready for operation
Page 26
RECURRING INCOME PROJECT - GATEWAY PARK MALL
Tenancy pipelines that already were in discussion to open in GWP Mall
Page 27
DIVERSIFICATION PROJECT – NAYARA TOWNHOUSE
Our effort to diversify our developments, yet still within our core business




                                                         Introducing a strategically located Townhouse equipped
                                                         with An entry gate that exudes elegance and
                                                         sophistication, with lush greenery, luxurious lighting and
                                                         an impressive feel wrought iron gate with a width of 6 - 8
                                                         meters.

                                                         Security is the most important thing, with dedicated
                                                         security teams and systems, offering residents top level
                                                         security and sophistication.
Page 28
Excellent
Connectivity




               7                10                   30
                      Minutes              Minutes                    Minutes
                      from                 from                       from

               Tanjung Barat    Toll Gate JOR        Halim Perdana Kusuma
               Train Station    TB Simatupang        Airport (via Toll Road)
Page 29
Type 92

Navara
Page 30
Type 92

Navara
Page 31
Type 82

Yarra
Page 32
Type 82

Yarra
Page 33
Type 223

Ralana
Page 34
Site Plan
 15
      Units
      LB      : 81 𝑀2
      LT      :5x8M




 10
      Units
      LB      : 92 𝑀2
      LT      : 5 x 11 M




  2
      Units
      LB      : 208 𝑀2
      LT      : 7,5 x 12 M
Page 35
FINANCIAL STATAEMENT FY24
Page 36
       HISTORICAL BALANCE SHEET
       Financial highlight FY21 – FY24
                                                                                              Balance Sheet

             2019
       IDR million        2020          2021 2019 2022 2020 2023    IDR million
                                                                         2021 2024 2022                IDR2023
                                                                                                           million2019 2024 2020              2021
                                                                                                                                                2019       2022
                                                                                                                                                             2020       2023
                                                                                                                                                                          2021      2024
                                                                                                                                                                                      2022        2023
       Current assets                                               Current liability                  Current liability
lent     Cash917,292      101,488
              and cash equivalent       153,958917,292
                                                     160,189101,48813,921  payables
                                                                    Trade153,958   44,670 160,189 Trade       payables
                                                                                                           13,921 484,48644,670   509,044                                  519,574 763,405
                                                                                                                                                               509,044 758,570
                                                                                                                                                  484,486 766,904
                                                                                                                                               519,574                                 766,904     758,57
         Trade15,863
               receivables 22,683                                   Bank loan
                                         26,894 15,86311,784 22,68317,954       - current
                                                                           26,894           portion Bank17,954
                                                                                   19,43811,784              loan -90,000
                                                                                                                    current   portion
                                                                                                                            19,438  86,000                                  86,000 492,000
                                                                                                                                                                86,000 492,000
                                                                                                                                                   90,000 492,000
                                                                                                                                                86,000                                 492,000     492,00
             166,382
         Other receivables605,926       556,367166,382
                                                     626,927605,926 Unearned
                                                                  741,989556,367revenue
                                                                                  690,583 626,927 Unearned        revenue
                                                                                                          741,989795,465   690,583866,807                                  940,801 747,822
                                                                                                                                                               866,807 753,291
                                                                                                                                                  795,465 901,387
                                                                                                                                               940,801                                 901,387     753,29
es         1,431,735
         Real           1,394,604
              estate inventories      1,468,864   1,517,071
                                             1,431,735    1,394,604 Other
                                                                1,415,110  current
                                                                               1,416,874
                                                                       1,468,864     liabilities       Other
                                                                                        1,517,071 1,415,110   current  liabilities
                                                                                                                     7,264
                                                                                                                        1,416,874 217,370      398,698
                                                                                                                                                    7,264    82,128
                                                                                                                                                               217,370    78,604
                                                                                                                                                                           398,698    81,482
                                                                                                                                                                                        82,128      78,60
         Other63,963      160,255
               current assets           163,140 63,963
                                                     164,184160,255
                                                                  145,901 current
                                                                    Total163,140  127,487 164,184 Total
                                                                                    liabilities              current
                                                                                                          145,901     liabilities
                                                                                                                1,377,215       1,679,221
                                                                                                                           127,487                                       1,945,073 2,084,710
                                                                                                                                                             1,679,221 2,082,465
                                                                                                                                                1,377,215 2,242,419
                                                                                                                                             1,945,073                               2,242,419   2,082,46
           2,595,235
       Total            2,284,958
             current assets           2,369,223   2,480,155
                                             2,595,235          2,334,875
                                                          2,284,958            2,299,052
                                                                       2,369,223        2,480,155 2,334,875             2,299,052
                                                                    Non - current liabilities          Non - current liabilities
       Non-current assets                                           Bank loan - non current portion    Bank loan258,000
                                                                                                                  - non current172,000
                                                                                                                                   portion     86,000
                                                                                                                                                258,000        -
                                                                                                                                                             172,000       455
                                                                                                                                                                          86,000         356
                                                                                                                                                                                           -          45
es            44,025inventories
        Real estate      1,564,586    1,476,497 44,025
                                                  1,476,449
                                                          1,564,586 Other
                                                                1,476,481  non-current
                                                                               1,476,693
                                                                       1,476,497           liabilities Other
                                                                                        1,476,449             non-current
                                                                                                        1,476,481    1,950   liabilities
                                                                                                                        1,476,693    2,520      1,466
                                                                                                                                                   1,950     1,390
                                                                                                                                                                2,520    1,210
                                                                                                                                                                           1,466       1,210
                                                                                                                                                                                         1,390      1,21
        Fixed28,783
               assets - net 26,643                                  Total non
                                         24,239 28,78324,789 26,64342,217                   liabilitiesTotal
                                                                                 current 24,789
                                                                               -40,902.39
                                                                           24,239                            non 259,950
                                                                                                           42,217 - current   liabilities
                                                                                                                         40,902.39174,520      87,466
                                                                                                                                                259,950      1,390
                                                                                                                                                             174,520     1,665
                                                                                                                                                                          87,466       1,566
                                                                                                                                                                                         1,390      1,66
 y            62,478
        Due from            62,478
                    related party       182,478 62,478
                                                     182,478 62,478
                                                                  182,478182,478  182,478 182,478         182,478          182,478
sets              -
        Other non-current    3,000
                             assets       3,000                     IDR million
                                                   - 105,935 3,00099,200 3,000    143,041 105,935      IDR million
                                                                                                           99,200 2019     143,0412020         2021
                                                                                                                                                  2019      2022
                                                                                                                                                               2020      2023
                                                                                                                                                                           2021     2024
                                                                                                                                                                                       2022        2023
ts     Total 135,286
             non-current 1,656,706
                           assets     1,686,214135,286
                                                  1,789,651
                                                          1,656,706 Share
                                                                1,800,376  capital
                                                                               1,843,115
                                                                       1,686,214        1,789,651 Share       capital
                                                                                                        1,800,376 323,212
                                                                                                                        1,843,115 323,212                                  323,212 323,212
                                                                                                                                                               323,212 323,212
                                                                                                                                                  323,212 323,212
                                                                                                                                               323,212                                 323,212     323,21
          2,730,522
       TOTAL  ASSETS 3,941,664        4,055,436   4,269,806
                                             2,730,522    3,941,664 Additional
                                                                4,135,250        paid in
                                                                               4,142,167
                                                                       4,055,436          capital Additional
                                                                                        4,269,806                         in capital
                                                                                                                   paid4,142,167
                                                                                                        4,135,250760,850          760,851                                  641,302 641,301
                                                                                                                                                               760,851 641,301
                                                                                                                                                  760,850 641,302
                                                                                                                                               641,302                                 641,302     641,30
                                                                    Retained earnings                  Retained earnings
                                                                                                                     2,911          89,228          2,911 159,562
                                                                                                                                               154,941                     154,941 189,895
                                                                                                                                                                89,228 185,020         159,562     185,02
                                                                    Other equity                       Other equity6,384          914,632           6,384 901,920
                                                                                                                                               903,441                     903,441 901,483
                                                                                                                                                               914,632 901,587         901,920     901,58
                                                                    Total equity                       Total equity
                                                                                                                1,093,357 2,087,923             1,093,357 2,025,996
                                                                                                                                             2,022,897                   2,022,897 2,055,891
                                                                                                                                                             2,087,923 2,051,120     2,025,996   2,051,12
                                                                    TOTAL LIABILITIES & EQUITY TOTAL LIABILITIES2,730,522 & EQUITY
                                                                                                                                3,941,664       2,730,522 4,269,806
                                                                                                                                             4,055,436                   4,055,436 4,142,167
                                                                                                                                                             3,941,664 4,135,250     4,269,806   4,135,25
Page 37
           HISTORICAL INCOME STATEMENT
           Financial highlight FY21 – FY24
                                                                                                       Income Statement


             IDR million          2019              2020               2021
                                                                    2019                 2022
                                                                                      2020                 2023
                                                                                                        2021                2024
                                                                                                                         2022             2023         2024
                         (1)
               Revenue                57,051          291,864            220,974
                                                                       57,051              112,804
                                                                                        291,864              221,526
                                                                                                          220,974              35,875
                                                                                                                           112,804          221,526       35,875
               Cost of revenue       (32,327)        (101,351)           (50,269)
                                                                      (32,327)             (30,450)
                                                                                       (101,351)            (169,531)
                                                                                                          (50,269)            (24,298)
                                                                                                                           (30,450)        (169,531)     (24,298)
             Gross profit             24,724          190,512            170,705
                                                                       24,724               82,354
                                                                                        190,512               51,995
                                                                                                          170,705              11,578
                                                                                                                            82,354           51,995       11,578
 ng expenses Sales and marketing expenses
                                      (2,496)          (1,302)             (2,212)
                                                                       (2,496)                 (738)
                                                                                         (1,302)                 (140)
                                                                                                           (2,212)                (376)
                                                                                                                              (738)            (140)        (376)
 nistrative expenses                 (28,961)
               General and administrative  expenses (41,898)             (31,349)
                                                                      (28,961)             (27,645)
                                                                                        (41,898)             (26,795)
                                                                                                          (31,349)            (10,007)
                                                                                                                           (27,645)         (26,795)     (10,007)
               Final tax              (1,426)          (3,193)         (1,426)
                                                                           (1,613)       (3,193)
                                                                                               (987)       (1,613)
                                                                                                               (5,687)        (987)
                                                                                                                                (1,099)      (5,687)      (1,099)
             EBITDA                   (8,159)         144,120          (8,159)
                                                                         135,531        144,120
                                                                                            52,985        135,531
                                                                                                              19,372        52,985 96        19,372           96
mortization expenses
               Depreciation & amortization
                                        (494)
                                            expenses (2,416)             (494)
                                                                           (1,977)       (2,416)
                                                                                             (3,310)       (1,977)
                                                                                                               (3,634)      (3,310)
                                                                                                                                (1,888)      (3,634)      (1,888)
             EBIT                     (8,653)         141,704          (8,653)
                                                                         133,554        141,704
                                                                                            49,675        133,554
                                                                                                              15,737        49,675
                                                                                                                                (1,792)      15,737       (1,792)
expenses) - netFinance income (expenses)
                                      29,151
                                          - net        25,922          29,151
                                                                         (26,948)        25,922
                                                                                              6,082       (26,948)
                                                                                                              16,684         6,082
                                                                                                                                 6,427       16,684        6,427
penses) - net Other income (expenses) - net
                                          (94)        113,681            128,477
                                                                          (94)          113,681
                                                                                            42,311        128,477
                                                                                                               (3,845)      42,311(434)      (3,845)        (434)
             EBT                      20,404          281,306          20,404
                                                                         235,083        281,306
                                                                                            98,069        235,083
                                                                                                              28,577        98,069
                                                                                                                                 4,201       28,577        4,201
 se            Income tax expense         -           (19,113)           (21,240)
                                                                          -             (19,113)
                                                                                           (13,815)       (21,240)
                                                                                                               (3,651)     (13,815)
                                                                                                                                 1,373       (3,651)       1,373
             Net profit               20,404          262,194          20,404
                                                                         213,843        262,194
                                                                                            84,254        213,843
                                                                                                              24,926        84,254
                                                                                                                                 5,573       24,926        5,573

           Ratio                   2019              2020           2019
                                                                       2021           2020
                                                                                         2022           2021
                                                                                                           2023          2022
                                                                                                                            2024          2023         2024
           Gross profit margin        43.3%             65.3%           43.3%
                                                                           77.3%          65.3%
                                                                                             73.0%          77.3%
                                                                                                               23.5%         73.0%
                                                                                                                                32.3%        23.5%        32.3%
           EBT margin                 35.8%             96.4%           35.8%
                                                                          106.4%          96.4%
                                                                                             86.9%        106.4%
                                                                                                               12.9%         86.9%
                                                                                                                                11.7%        12.9%        11.7%
           Net profit margin          35.8%             89.8%           35.8%
                                                                           96.8%          89.8%
                                                                                             74.7%          96.8%
                                                                                                               11.3%         74.7%
                                                                                                                                15.5%        11.3%        15.5%

           (1) Adjusted Revenue including Income on Cessie Gain for period FY20, FY21 & FY22
Page 38
THANK YOU FOR YOUR ATTENTION
Contact us
PT Urban Jakarta Propertindo Tbk
Kantor Pusat
District 8 Treasury Tower – Lt 19 F-G – SCBD Lot 28,
Jl. Jendral Sudirman Kav. 52-53, Jakarta Selatan, 12190
Tel                : +62 21 40111717
Website            : https://urbanjakarta.co.id/
Email              : corsec@ujp.co.id




                                                          38
Page 39
ABOUT URBAN JAKARTA PROPERTINDO
UJP is Indonesia’s first private development company focusing on Transit Oriented
Development (TOD) development

Commenced in 2016, PT Urban Jakarta Propertindo Tbk (UJP) focusing on
real estate development and property sector.

UJP is the first privately-owned company with exposure to Transit Oriented
Development (TOD) on Government Connectivity and Infrastructure program
of Light Rail Transit (LRT).

Since its listing at Indonesia Stock Exchange (IDX) in 2018, UJP has grown its
exposure to 5 (five) portfolio of TOD Projects in partnership with State
Owned Enterprises.

With direct connection and access to public transportation, UJP hopes to
bring a new paradigm of efficiency in an urban living concept.
Page 40
                                                                                                                                                       Legend:
                                                                                                                                                       (1)    Ultimate Controlling


EXISTING SHAREHOLDING AND GROUP STRUCTURE
                                                                                                                                                              Shareholder


                                                                                                                                                               Passive
                                                                                                                                                             Controlling


                                        Ibukota Development             PT Nusa Wijaya
                                                                                                             Public
                                                 Ltd                     Propertindo(1)

                                                  9.6%                       74.3%                           11.1%


                                                                             Public




       50.0%                    50.0%                         100.0%                        100.0%                           51.0%                100.0%

Project Gateway Park    Project Urban Signature                                                                       PT Jakarta River City
                                                         Project Urban Sky            Project Urban Suites                                    PT Urban Jakarta
 LRT City Jatibening        LRT City Ciracas                                                                              LRT Cikunir 1
                                                           LRT Cikunir 2                  LRT Cikunir 1                                          Komersial
Joint Operation (KSO)    Joint Operation (KSO)                                                                         Joint Venture (JV)
Page 41
                                                                                                                                                               Legend:
                                                                                                                                                                   Passive
  UJP DEVELOPMENT PORTOFOLIOS                                                                                                                                    Controlling




         Gateway Park                      Urban Signature                                                                                        Jakarta River City
                                                                              Urban Sky                          Urban Suites
      LRT City Jatibening                  LRT City Ciracas                                                                                         LRT Ciliwung
                                                                             LRT Cikunir 2                       LRT Cikunir 1
     Joint Operation (KSO)              Joint Operation (KSO)                                                                                    Joint Venture (KSO)
PROJECT HIGHLIGHTS                 PROJECT HIGHLIGHTS               PROJECT HIGHLIGHTS                  PROJECT HIGHLIGHTS                 PROJECT HIGHLIGHTS
▪ 0km from Jaticempaka LRT         ▪ 0km from Ciracas LRT Station   ▪ Across the highway from Cikunir   ▪ 0km from Cikunir 1 LRT Station   ▪ 0km from Ciliwung LRT Station
  Station                          ▪ 5 Apartment Towers and 3         2 LRT Station                     ▪ 2 Apartment Towers, 2 Mixed      ▪ 8 Apartment Towers, 1 Mall and
▪ 5 Apartments Towers and 1 Mall     Commercial Areas               ▪ 2 Apartment Towers and 1            Used Towers and 1 Commercial       1 Office Tower
▪ Project Value at IDR 6.1Tn       ▪ Project Value at IDR 5.8 Tn      Commercial Area                     Area                             ▪ Project Value at IDR 13 Tn
▪ Land Area at 63,676 sqm          ▪ Land Area at 62,239 sqm        ▪ Project Value at IDR 1.3 Tn       ▪ Project Value at IDR 2.7 Tn      ▪ Land Area at 60.332 sqm
▪ Total Development at 265.677     ▪ Total Development at 258.271   ▪ Land Area at 12,597 sqm           ▪ Land Area at 14,000 sqm          ▪ Total Development at 258.853
  sqm                                sqm                            ▪ Total Development at 107.591      ▪ Total Development at 54.307        sqm
                                                                      sqm                                 sqm
Page 42
                                                                                                                             Legend:
                                                                                                                                   Passive
UJP DEVELOPMENT PORTOFOLIOS (cont’d)                                                                                           Controlling

Strategically located portfolios across the main line of Light Rail Transit to Jakarta

                                                                                      COMPANY NICHE POSITIONING

                                                                                    TRAFFIC FACT
                           Gateway Park             Urban Suites
                         LRT City Jatibening        LRT Cikunir 1                   ▪ Upon maturity, expected to have 1.5
                                                                                      MILLION traffic per day to Cawang
                                                                                      Station

                                                                                    ▪ As of June 2024, since its inception, 11.4
                                                                                      million people used LRT from
                                                                                      Bekasi Timur Station to Cawang and from
                                                                                      Station Cibubur to Cawang everyday
                                                                                    PROPERTY DEVELOPMENT WITH TOD
                                                                                    CONCEPT
                                                                                    ▪ Strategic Location in TOD Property
                                                                                      Development by Urban Jakarta Group
                                                                                    ▪ Currently UJP have 5 portfolios of
    Jakarta River City                         Urban Signature       Urban Sky        property development in LRT phase 1 ready
      LRT Ciliwung                             LRT City Ciracas     LRT Cikunir 2     to develop
Page 43
PORTFOLIO PROJECTS
Page 44
GATEWAY PARK
LRT City Jatibening – a joint operation with Adhi Commuter Property

                                                                              Project Overview


                                                                      0km LRT Jatibening Station
                                                                      Jl. Kapin Raya, Jati Cempaka, Pd. Gede

                                                                      Apartment (Residential) and Mall and
                                                                      Shophouses (Commercial)


                                                                      Land Area ± 60,000 sqm


                                                                      6 Towers with 5,580 units Apartments
                                                                      with total area ± 240,000 sqm

                                                                      1 Mall with total Leasable Area of ±
                                                                      20,000 sqm

                                                                      18 Shophouses with total area of ± 4,300
                                                                      sqm
Page 45
GATEWAY PARK (cont’d)
LRT City Jatibening – a joint operation with Adhi Commuter Property

                      Lot 3        Lot 2
                                                                             Project Overview
             Lot 4                              Lot 6

                                                                              ± 44,000 sqm
     Lot 5
                                                                Lot 1
                                                                              891 Units
                                                        Lot 1
                                                                              ± 27,000 sqm
                                                                Lot 2
                                                                              620 Units

                                                                              ± 35,000 sqm
                                                                Lot 3
                                                                              750 Units

                                                                              ± 63,000 sqm
                                                                Lot 4
                                                                              1,460 Units

                                                                              ± 36,000 sqm
                                                                Lot 5
                                                                              852 Units

                                                                              ± 38,000 sqm
                                   Commercial                   Lot 6
                                                                              950 Units
                                     Area

                                                                Commercial    ± 52,000 sqm
                                                                Area          Mall & 18 Units Shophouses
Page 46
URBAN SIGNATURE
LRT City Ciracas – a joint operation with Adhi Commuter Property

                                                                            Project Overview


                                                                   0km LRT City Ciracas Station
                                                                   Jl. Pengantin Ali, Ciracas, Jakarta Timur

                                                                   Apartment (Residential)         and    Mall
                                                                   (Commercial)


                                                                   Land Area ± 62,239qm


                                                                   5 Towers with 3,688 units Apartments
                                                                   with total area of 213,389sqm

                                                                   3 Commercial Areas with total area of
                                                                   23,384sqm
Page 47
URBAN SIGNATURE (cont’d)
LRT City Ciracas – a joint operation with Adhi Commuter Property

                                Lot 4A                                                           Project Overview
                            Tower 4      Tower 3 Lot 3       Tower 2 Lot 2
                   Lot 4B
             Tower 5                                                         Tower 1
                                                                                                  ± 49,000 sqm
     Lot 5                                                                             Tower 1
                                                                                                  1,087 Units
                                                                               Lot 1

                                                                                                  ± 38,000 sqm
                                                                                       Tower 2
                                                                                                  543 Units

                                                                                                  ± 38,000 sqm
                                                                                       Tower 3
                                                                                                  477 Units

                                                                                                  ± 49,000 sqm
                                                                                       Tower 4
                                                                                                  1,087 Units
                                         Commercial
                                           Area
                                                                                                  ± 40,000 sqm
                                                                                       Tower 5
                                                Commercial                                        474 Units
                                                  Area


                                                                                       Mall       ± 24,000 sqm
Page 48
URBAN SUITES (cont’d)
LRT Cikunir 1 – UJP’s crown jewel project

                                                       Project Overview


                                            Tower 1/    ± 32,000 sqm
                                            Urbain      896 Units

                                            Tower 2/    ± 13,000 sqm
                                            Shelton     167 Units


                                            Tower 3     Under planning and progress


                                            Tower 4     Under planning and progress


                                            Tower 5     Under planning and progress


                                            Mall        20.660 sqm
Page 49
URBAN SUITES MALL
Its own commercial area as a supporting facility to the compound
Page 50
URBAN SUITES MALL (cont’d)
Its own commercial area as a supporting facility to the compound
Page 51
JAKARTA RIVER CITY (cont’d)
LRT Ciliwung - a joint venture company with WIKA Realty

                                                                  Project Overview


                                                          0km LRT Ciliwung LRT Station
                                                          Jl. M.T Haryono, Cawang, Jakarta Timur

                                                          Apartment (Residential)      and    Mall
                                                          (Commercial)


                                                          Land Area ± 60,000 sqm


                                                          8 Towers with ± 4,000 units Apartments
                                                          with total area of ± 203,000 sqm

                                                          1 Commercial Areas with total area of ±
                                                          13,000 sqm and 1 Office Area with total ±
                                                          7,000 sqm
Page 52
JAKARTA RIVER CITY (cont’d)
LRT Ciliwung - a joint venture company with WIKA Realty

                                                                        Project Overview


                                                                         ± 53,000 sqm
                                                          Tower 1 & 2
                                                                         1,047 Units

                                                                         ± 50,000 sqm
                                                          Tower 3 & 4
                                                                         994 Units

                                                                         ± 52,000 sqm
                                                          Tower 5 & 6
                                                                         1,170 Units

                                                                         ± 44,000 sqm
                                                          Tower 7 & 8
                                                                         888 Units

                                                                         ± 7,000 sqm
                                                          Office
                                                                         9,048 Sqm


                                                          Mall           ± 13,000 sqm
Page 53
PIPELINE PROJECTS
Page 54
                        10 KM to                                5 KM to
                   RSPI Pondok Indah                       RSUD Pasar Minggu




Surrounding Area


Hospital                                   9 KM to
                                       Mayapada Hospital
                                                                 7 KM to
                                                              RSUP Fatmawati
                                                                                  3 KM to
                                                                               RSUD Pasar Rebo
Page 55
                                                   6 KM to
                                                Pejaten Village

   9 KM to
Kemang Village




Surrounding Area


Lifestyle                       7 KM to
                         Cilandak Town Square
                                                                   500 M to
                                                                  AEON Mall
& Entertainment Center
Page 56
                                                          8 KM to Nord Anglia School



                                                                                                7 KM to AIS School
10 KM to JIS High School




                                                                                                4 KM to ACG School




                                                                   9 KM to Highscope School
                                                                                              4 KM to SMKN 57 Jakarta




                              4 KM to IISIP Institute


                                                                                                                         4 KM to SMUN 38 Jakarta


Surrounding Area           5 KM to Pancasila University



Education                                                                                                               7 KM to Indonesia University
Center
Page 57
                                             13 KM to
                                              Airport




                           4 KM to
                   Toll Gate Lenteng Agung
Surrounding Area


Transportation                                                 650 M to
                                                        Train Station Tj. Barat
Hub
Page 58
   HISTORICAL BALANCE SHEET
   As of FY2023, UJP recorded a total asset of IDR 4.1 trillion
                                                                        Balance Sheet

IDR million                   2019       2020      2021      2022      2023      IDR million                        2019       2020      2021      2022      2023
Current assets                                                                   Current liability
  Cash and cash equivalent     917,292   101,488   153,958   160,189    13,921   Trade payables                      484,486   509,044   519,574   766,904   758,570
  Trade receivables             15,863    22,683    26,894    11,784    17,954   Bank loan - current portion          90,000    86,000    86,000   492,000   492,000
  Other receivables            166,382   605,926   556,367   626,927   741,989   Unearned revenue                    795,465   866,807   940,801   901,387   753,291
  Real estate inventories    1,431,735 1,394,604 1,468,864 1,517,071 1,415,110   Other current liabilities             7,264   217,370   398,698    82,128    78,604
  Other current assets          63,963   160,255   163,140   164,184   145,901   Total current liabilities         1,377,215 1,679,221 1,945,073 2,242,419 2,082,465
Total current assets         2,595,235 2,284,958 2,369,223 2,480,155 2,334,875
                                                                                 Non - current liabilities
Non-current assets                                                               Bank loan - non current portion    258,000   172,000    86,000        -         455
 Real estate inventories        44,025 1,564,586 1,476,497 1,476,449 1,476,481   Other non-current liabilities        1,950     2,520     1,466      1,390     1,210
 Fixed assets - net             28,783    26,643    24,239    24,789    42,217   Total non - current liabilities    259,950   174,520    87,466      1,390     1,665
 Due from related party         62,478    62,478   182,478   182,478   182,478
 Other non-current assets          -       3,000     3,000   105,935    99,200   IDR million                         2019      2020      2021      2022      2023
Total non-current assets       135,286 1,656,706 1,686,214 1,789,651 1,800,376   Share capital                       323,212   323,212   323,212   323,212   323,212
TOTAL ASSETS                 2,730,522 3,941,664 4,055,436 4,269,806 4,135,250   Additional paid in capital          760,850   760,851   641,302   641,302   641,301
                                                                                 Retained earnings                     2,911    89,228   154,941   159,562   185,020
                                                                                 Other equity                          6,384   914,632   903,441   901,920   901,587
                                                                                 Total equity                      1,093,357 2,087,923 2,022,897 2,025,996 2,051,120
                                                                                 TOTAL LIABILITIES & EQUITY        2,730,522 3,941,664 4,055,436 4,269,806 4,135,250
Page 59
    HISTORICAL INCOME STATEMENT
    As of FY2023, UJP obtained net profit of IDR 24.9bn or net profit margin of 11.3%
                                                                                          Income Statement

IDR million                                                                         2019         2020         2021         2022         2023
  Revenue (1)                                                                          57,051      291,864      220,974      112,804      221,526
  Cost of revenue                                                                     (32,327)    (101,351)     (50,269)     (30,450)    (169,531)
Gross profit                                                                           24,724      190,512      170,705       82,354       51,995
  Sales and marketing expenses                                                         (2,496)      (1,302)      (2,212)        (738)        (140)
  General and administrative expenses                                                 (28,961)     (41,898)     (31,349)     (27,645)     (26,795)
  Final tax                                                                            (1,426)      (3,193)      (1,613)        (987)      (5,687)
EBITDA                                                                                 (8,159)     144,120      135,531       52,985       19,372
  Depreciation & amortization expenses                                                   (494)      (2,416)      (1,977)      (3,310)      (3,634)
EBIT                                                                                   (8,653)     141,704      133,554       49,675       15,737
  Finance income (expenses) - net                                                      29,151       25,922      (26,948)       6,082       16,684
  Other income (expenses) - net                                                           (94)     113,681      128,477       42,311       (3,845)
EBT                                                                                    20,404      281,306      235,083       98,069       28,577
  Income tax expense                                                                      -        (19,113)     (21,240)     (13,815)      (3,651)
Net profit                                                                             20,404      262,194      213,843       84,254       24,926

Ratio                                                                               2019         2020         2021         2022         2023
Gross profit margin                                                                    43.3%        65.3%        77.3%        73.0%        23.5%
EBT margin                                                                             35.8%        96.4%       106.4%        86.9%        12.9%
Net profit margin                                                                      35.8%        89.8%        96.8%        74.7%        11.3%
(1) Adjusted Revenue including Income on Cessie Gain for period FY20, FY21 & FY22

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linked org URBAN JAKARTA PROPERTINDO Tbk p.1 ×16
linked person Yongky Wijaya p.5
linked org Nusa Wijaya p.5 ×2
linked — Ibukota Development p.5 ×2
unresolved org PT UJP p.2
unresolved org Indonesia Stock Exchange p.4 ×2
unresolved org PT Nusa Wijaya Ibukota Development Ltd p.5
unresolved org PT Jakarta River City Project Urban Sky p.5 ×2
unresolved org PT Urban Jakarta LRT City Jatibening p.5 ×2
unresolved org PT Nusa Wijaya Public Ltd p.40

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